Once again, crypto traders should the intelligent investor by benjamin graham look for supporting signals from technical indicators, such as a bullish divergence, low trading volume, or overbought conditions. This pattern shows that sellers are losing momentum, and...
Sales taxes payable is a short-term liability account as the amount gets remitted over a period. Sales taxes refer to the taxes collected by government tax authorities on selling certain goods and services. Typically, firms, companies, and individuals collect sales...
Trend Following, a strategy for trading based on trends, seeks to harness the momentum of market movements. Practitioners of this approach initiate trades that align with the prevailing trend and opt out when signs indicate an impending shift in the trend’s direction....
For example, say you are bequeathed a house for which the original owner paid $50,000. The home was valued at $400,000 at the time of the original owner’s death. The taxable gain is $100,000 ($500,000 sales price - $400,000 cost basis). When sales are made, QuickBooks...
Lets us now understand these patterns to identify the uptrends in the market. Conversely, if the pattern of higher lows is broken, it may signal a weakening uptrend or an onset of a downtrend, serving as a potential reversal indicator. In trading, a higher low refers...