Archive for April, 2007

Economic Calander 13 April

Date Time (ET) Statistic For Market Expects Prior
Apr 11 10:30 AM Crude Inventories 04/06 NA 4307K
Apr 11 2:00 PM FOMC Minutes Mar 21
Apr 11 2:00 PM Treasury Budget Mar -$90.0B -$85.3B
Apr 12 8:30 AM Export Prices ex-ag. Mar NA 0.6%
Apr 12 8:30 AM Import Prices ex-oil Mar NA -0.1%
Apr 12 8:30 AM Initial Claims 04/07 320K 321K
Apr 13 8:30 AM Trade Balance Feb -$60.5B -$59.1B
Apr 13 8:30 AM PPI Mar 0.7% 1.3%
Apr 13 8:30 AM Core PPI Mar 0.2% 0.4%
Apr 13 10:00 AM Michigan Sentiment-Prel. Apr 87.5 88.4

US Economic Calander 6 Apr

Date Time (ET) Statistic For Market Expects Prior
Apr 2 10:00 AM ISM Index Mar 51.0 52.3
Apr 3 5:00 PM Auto Sales Mar 5.1M 5.1M
Apr 3 5:00 PM Truck Sales Mar 7.6M 7.7M
Apr 4 10:00 AM Factory Orders Feb 2.0% -5.6%
Apr 4 10:00 AM ISM Services Mar 54.7 54.3
Apr 4 10:30 AM Crude Inventories 03/30 NA -846K
Apr 5 8:30 AM Initial Claims 03/31 NA 308K
Apr 6 8:30 AM Nonfarm Payrolls Mar 120K 97K
Apr 6 8:30 AM Unemployment Rate Mar 4.6% 4.5%
Apr 6 8:30 AM Hourly Earnings Mar 0.3% 0.4%
Apr 6 8:30 AM Average Workweek Mar 33.8 33.7
Apr 6 10:00 AM Wholesale Inventories Feb 0.4% 0.7%
Apr 6 3:00 PM Consumer Credit Feb $5.0B $6.4B

Have Realistic Expectations

In the newspapers, there are many advertisements that make trading apear to be simple. These advertisements unfortunately promote unrealistic expectations in the minds of new traders.

Everyone should have realistic expectations when they start out in any endeavour.

The following list sets out some expectations that are part of the realism of trading: Continue reading ‘Have Realistic Expectations’


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