Jul 20, 2017

W. D. GANN’S 24 TIMELESS STOCK TRADING RULES

          1. Amount of capital to use: Divide your capital into 10 equal parts and never risk more than one-tenth of your capital on any one trade. 2. Use stop loss orders. Always protect a trade. 3. Never overtrade. This would be violating your capital rules. 4. Never let a profit run into a loss. After you once have a profit raise your stop loss order so that you will have no loss of capital. 5. Do not buck the trend....

ADB upgrades emerging Asia’s growth outlook to 5.9%

The Asian Development Bank on Thursday upgraded its outlook for emerging Asia’s growth rate of gross domestic product for this year to 5.9% from the previous figure of 5.7%, citing better-than-estimated Chinese economic growth. The GDP growth rates in 2015 and 2016 were 6.0% and 5.8%, respectively. The key driver for the upgrade is China, up 0.2 points to 6.7%, backed by increased domestic consumption and exports. The Chinese government...