Thursday, May 17, 2018

Question about Equity and how it should influence your trading

Hello, currently im new to trading and opened a paper trading account on tc2000

I am just trading with SIRI XM Holding INC to get a hang of patterns and looking things up on charts with some trading

So today I read that reading up on the balance sheet of a company might provide useful but I dont know how it influences Swing/Day trading

So lets take the data from 2017:

Total Asset: 8.4Billion Total Liability: 9.8Billion

So the Equity = A - L = -1.4B

How should this effect my trading? (Im more into Swing Trading and Daily Charts right now if that is of any importance)



Submitted May 17, 2018 at 06:13AM by Laduk https://ift.tt/2Io2kzY

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