trailblazing women who took Wall Street by storm these incredible women have paved a way for female investors and traders around the world showing great resilience and fearless mentality despite facing gender discrimination going on to achieve great things in the financial field, motivating the future generation of young women that they too can achieve the unthinkable.
1. HETTY GREEN
the witch of wall street
also referred to as "the woman who loved money" born November 21, 1834 and also believed to have been the richest woman in America before the time of her passing, Hetty Green started her financial/business journey from a young age through the influence of her father who was a successful agent, oil manufacturer, and Quaker, who encouraged her to read and study financial texts when she was a young girl, he believed that even women needed to understand the dealings of money, business and overall how the financial world operates.
She is best known for turning an inheritance of between 3 - 7 million to 100 million U.S dollars approximately $2.5 billion in today's money. She did this by investing in U.S government bonds, stocks, real estate and railroads and providing financial support during crises, most especially the Panic of 1907, making her a reputable investor and financier, using a buy low, sell high strategy and impeccable psychology facing markets militantly and unafraid even in times of panic.
2. VICTORIA WOODHALL
the first woman to run for presidency
born September 23, 1838, Victoria came from a very poor background, with the influence of their father she and her sister sold herbs and potions posing as spiritualists and healers they caused them to live a on the run from one place to another due to unsatisfied customers/patients.
Their nomadic lifestyle led them to Manhattan were they caught the attention of railroad magnate Cornelius Vanderbilt, who it was believed they helped him keep in contact with his dead wife he in return offered them financial advice and through this connection they were able to open the first female owned brokerage in wall street in 1870 called WOODHULL, CLAFLIN and CO with clients of high society women, rich widows and high value prostitutes, this become a success earning them over $700 000 about 2million today. She used this money to further her goals and fund her campaign to run for presidency.
3. ISABEL BENHAM
madam railroad
born 1909, in the 1920s Isabel enrolled at a women only college called Bryn Mawr in Pennsylvania, with a strong desire to study economics and work in wall street it has a great tragedy to find that the school offered no economics courses but Isabel insisted the college offer economics studies and made history by being 1 of 5 women to graduate from the college with a degree in economics.
after graduation, living in times of the great depression also facing daily gender discrimination this did not stop her from pursuing her dreams to work in wall street, she started a side hustle by selling magazine subscriptions and later landed a job as a bond strategist on wall street bond house R.W Pressprich and Co. and due to her resilience and hard work providing accurate reports of the railroad industry became their first female partner and first woman as a partner of a wall street bond house and first woman to be appointed Board of Directors for a railroad.
4. MURIEL SIEBERT
the first lady of finance
born 1928 without graduating from any college her finance career started by being a finance research trainee and grew her expertise by working in various brokerages.
through hard work and determination by year 1967, despite numerous failed attempts and rejection she became the first woman to have a seat on the BYSE being the only woman among 1,365 men which was a remarkable achievement.
she went on to co-found Siebert and Co a broker- dealer in 1969 and when the the NYSE jettisoned it's 183 year old tradition allowing it's members to negotiate broker commissions her company became America's first discount brokerage also being owned by a woman.
by year 1977 she hit another incredible career milestone by being appointed superintendent of Banks for New York state, overseeing all NEW YORK banks with no banks failing in her 5 year term.
5. GERALDINE WEISS
grand dame of dividents
considered one of the best female investors/ traders of the 20th century, learning about investing by reading investing texts like Security Analysis by BENJAMIN GRAHAM and studying business and finance earning a degree at the University Of California.
with her advanced knowledge about investing she was still unable to get any job position higher than secretary due to gender discrimination in the male dominated industry but this did not put out her fuel and and undying desire to become be involved in the investment community and by age 40 she started her investment newsletter called "Investment Quality Trends" under a pseudonym "G. Weiss" to hide her gender as at the time many believed no woman can make successful investments and did this for a decade with her subscribers thinking she is a male it was only in 1977 when she appeared on TV program "wall street with Louis Rukeyser" that she revealed her gender this now with her newsletter being a success with accurate analysis asserting that dividend yield is a key valuation measure that how she got her nickname.
hope this inspires more women to be more active in the trading world.
Whatever women do they must do twice as well as men to be thought half their inferior. Luckily, this is not difficult.
– Charlotte Whitton
put together by : Pako Phutietsile as currencynerd
Mirkoatlega
stock clusterization.there are various significant classes of stocks that help investors/traders to make more insightful and informed decisions when choosing the right stocks of choice here are my most important and favorite.
1.MARKET CAPITILIZATION
this is the size/ total value of a company's outstanding shares of stock,
which can be calculated with a simple formula of :
outstanding shares X share price of stock = market cap value
MEGA CAP = capitalization of over $200 Billion.
LARGE CAP = $10 Billion - $200 Billion
MID CAP = $2 Billion - $10 Billion
SMALL CAP = $300 Million - $2 Billion
MICRO CAP = $50 Million - $300 Million
NANO CAP = under $50 Million.
- the larger the market cap the more stable and safer the stock, even though they are less liquid and more risky smaller cap companies provide more room for growth.
2. LIQUIDITY
this is how fast and easy stock shares can be sold and bought without significant impact on stock price or simply transaction speed and easiness.
HIGHLY LIQUID = Volume (OVER 1,000,000 shares traded daily) - LOW SPREAD
LIQUID = Volume (100,000 - 1,000,000 shares traded daily) - MEDIUM SPREAD
ILLIQUID = Volume (Under 100,000 shares traded daily) - HIGH SPREAD
3. BUSINESS LIFECYCLE
these are the most crucial stages of a business from the very beginning to the end product which tracks it's growth, maturity and decline. this is highly significant as it aids investors identify potential business growth or downsides.
the main 5 lifecycle stages are :
1. Starp-up - the development stage of business showcasing projection of future business dealings and events.
2. Growth - this phase is when operations are ongoing and business expands and cashflow increases, its key on how business survives and grows
3. Maturity - a company reaches maturity when it stands firm on its feet showcasing recurring revenue which is the stage where crucial management of resources ensuring continued growth.
4.Decline - this is stage for companies that didn't have a prolonged revenue and growth due to external and market conditions and capital and market expertise is necessary to safe and keep business afloat in this phase.
5. Exit - this is when a business is in a stage where original investors choose to exit company either by Initial Public Offering / executive buyout.
4. DIVIDEND POLICY
this is a policy that a business/company uses to structure dividend payout to common stock sharesholders.
this is crucial also when stock-picking or classification as no dividend companies don't pay dividend on stocks and usually reinvest the profits back in business this may increase expansion and growth and stock price guaranteeing higher returns when investor may choose to sell stocks.
put together by : Pako Phutietsile as @currencynerd
Top Trading BooksLiterature is one of the best ways to share and spread knowledge and information around the world, here are my top picks of the most informative, knowledge packed trading books that can help improve and transform your trading approach for the better.
1. Market Wizards - by Jack Schwager, 1989.
this consists of a series of interviews from a couple of the world's renowned traders including Paul Tudor James, Bruce Kovner, Richard Dennis and several others as they share tips and insights on what makes them the best from the rest. It reveals to traders/investors some of the traits it takes to become a successful trader.
"the elements of good trading are (i) cutting losses, (ii) cutting losses, (iii) cutting losses.
2. Trading In The Zone : master the markets with confidence, discipline and a winning attitude - by Mark Douglas, 2000.
this is mostly a trading psychology book that explores the significance of the right mindset when pursuing trading success as well as ways to maintain and gain emotional intelligence in the fast-paced trading environment and how emotional control is an essential part in any trading plan.
"do not let past loses influence your future"
3. Reminiscence Of A Stock Operator - by Edwin Lefèvre, 1923.
published almost 100 years ago, inspired by the life of stock trader Jesse Livermore. This book highlights tons of experience he gained in the stock market from the failures to success that even present day traders face.
"there is nothing like losing all you have in the world for teaching you what not to do, and when you know what not to do in order not to lose money, you begin to learn what to do in order to win"
4. Technical Analysis Of The Financial Markets : a comprehensive guide to trading methods and applications - by John Murphy, 1999.
given the name "the bible of technical analysis" updated from his landmark best seller "technical analysis of the future markets" if you want to learn how to track market behavior this is the book for you. if also offers from basic trading concepts to advanced trading concepts covering also different technical indicators and over 400 chart illustrating different market techniques. after reading i am sure you will be able to create a trading system that fits oneself.
"it should be stressed here again, however that basic trend analysis is still the overriding consideration"
5. One Up On Wall Street - by Peter Lynch, John Rothchild, 1989.
this book focuses more on the importance of research, study and analysis to go from beginner to expert trader as well as the different investment opportunities in our everyday life's that expert investors are not even aware of. Most importantly the effective investment techniques, strategies and guidelines that aided Peter to become one of the best fund mangers of all time.
"the trick is not to learn to trust your gut feeling, but rather to discipline yourself to ignore them"
6. When Genius Failed - by Roger Lowenstein, 2000.
this book tells the story of the rise and fall of one of the most impressive hedge funds Long-Term Capital Management which has more than $120 Billion under management before its downfall in 1998. The book is written in 2 sections, the first focuses on the 'genius' business model of the hedge fund that delivered more than 40% between 1994 and 1998 and the second segment explores the firm's downfall.
"investors long for steady waters, but paradoxically the opportunities are richest when the markets turn turbulent"
but together by : Pako Phutietsile ( @currencynerd )
new year, new trader Happy new year to all @TradingView users
A new year is often regarded as new and fresh beginning, the start of something new, i hope this is the year we excel and reach the kind of success and profitability we all long for and if you have reached it i hope to get the wisdom to maintain and improve on it.
here are some things to leave behind in 2023 that can help on your trading journey to being a successful trader:
-Fear of being stopped out or fear of taking a loss
- Getting out of trades too early
- Adding on to a losing position
- Wishing and hoping instead of having a sound approach to the markets
- Not trusting your trading system
- keep a trading journal
-overtrading ( random trades)
and here are the things you should consider doing to improve your trading in 2024:
-Educate Yourself
-Create a comprehensive trading plan
-Practice with a Demo Account
-Start Small: When transitioning to live trading
-Use Proper Risk Management always
-Stay disciplined
-learn from past mistakes
i hope this information helps you a lot. To a whole lot more trading knowledge sharing.
put together by : Pako Phutiestile ( @currencynerd )
swing traders are going to love this!the trade bias on this idea is strictly based on technical analysis.
going straight to the monthly price chart liquidity pool ranging from 28.08800 to 26.39800 has been the current significant price area in control of price since a rejection from the area in 01 march 2022.
price has been also showing signs of bearish rejection from price levels @ 25.40550 failing multiple times to close above, price continues to indicate increasing bearish momentum with bearish trendline (acting as dynamic support & resistance) still intact with no full OHLC candlestick closing above and MONTHLY candlestick currently trading below bullish trendline which closes in 28days a close above is extra confirmation for a continued move to the downside.
i have targets at previous high @ 19.6500 with just below it resting fresh demand zone, but the next bearish price of interest is liquidity pool ranging from 22.00100 to 22.25650 if we clear it then all aboard the TP cruise ship.
put together by : Pako Phutietsile ( @currencynerd )
SUPPLY AND DEMAND RULES ALL MARKETS
