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Bill Cara is a seasoned authority on capital markets and their dynamics. Within the industry he is often described as an experienced, incisive and truly independent observer of global financial markets. A respected visionary, he publishes one of the world's most popular and widely acclaimed trading / investing blogs -- CaraCommunity.com. Mr Cara is in the business of clarifying the way markets work: his daily commentary offers perspectives not found in traditional information media; his dialog with the people of Cara Community, professionals in their own right, create appeal for all manner of individuals trying to understand the events of our time. A key feature of Mr. Cara's daily column is where he details the in-play ...More investment strategy used by traders in his wealth management services firm (CTAB) and routinely reports on his performance for clients. Bill's market commentary and links to his professional services arm can be found at www.BillCara.com (http://billcara.com/).
- Description: Trader. Trading frequency: Daily
- Interests: ETFs, Forex, Options, Stocks - long, Stocks - short
Cara Trading Advisors (Bahamas) Ltd. Cara Trading Advisors (Bahamas) [CTAB] is the new choice in wealth management. CTAB President Bill Cara states, “Cara Trading Advisors actively trades your online account 24 hours a day, minimizing risk and maximizing returns – in good times and bad. We’ve stepped away from the traditional wealth management ...More
model in several important ways that give you the advantage.” Here are the CTAB advantages working in your favor: • Risk is carefully managed according to your stated needs • CTAB's goal: minimum 10% to 20% return per year • You pay only for successful results • Bill Cara's proven expertise guides every trading decision • Our global trading team works for you 24-7-365 • No conflicts of interest, profit is our only product • Your assets remain in your name, you retain control Please visit the CTAB website, www.caratrading.com, for full details. CTAB is a Registered Investment Advisor (SCB, SEC)
Cara Community Bill began his Cara Community blog, in which he gives daily trading and economic commentary, and hosts a lively discourse, in April of 2004. Soon afterward, he was named Forbes magazine “Favorite Trading Blog”, and has received accolades from Barron’s and The Wall Street Journal. He is now widely known as an ...More
analyst and commentator of current global financial issues and his popular website is routinely visited by over 100,000 readers from 140 countries around the world. He states, “The blog’s purpose is to demystify the capital markets and help return control of those financial assets to the people who own them. People need accurate information and appropriate tools and techniques.” Accordingly, he is known as a populist, but refers to himself as a Free Market Patriot. Scroll down for: • Looking ahead: excerpts from Bill's January 8, 2008 blog commentary • Comments from readers of the Cara Community blog • Biography Blog excerpts, January 8, 2008: "Analysts will be looking at the mega-billion dollar write-downs of firms like Citi and Bank of America. Pension, hedge and mutual funds, and corporations have also purchased this bad paper. Globally, I expect the aggregate damage will be between $250 billion and $1 trillion, something the world has never seen. The issue is that some financial institutions will fail and when they do, others will not get paid and will run into financial difficulties." "Fiat money of most of the economic powers will be poured into the financial system to keep it afloat. Normally, the $USD would plummet, but this time the $USD will remain in the 75-83 range. While other nations may walk away from creditors, the possibility of the US doing that is slim to none, and that will keep the $USD and Treasury prices strong." "Crude Oil prices will fall unless the producers wish to have a world depression." "I have no idea where equity prices will close the year, but I suspect that as corporate earnings fall due to write-downs, business failure affect, slowing economies, etc, prices will be significantly lower." Comments about the Cara Community blog: "Bill Cara is the defacto spokesman for a growing group of finance and investment professionals who are speaking out about inequities in capital markets. Through four years of daily writing he has steadily built a large blog readership ranked as one of the more elite and enlightened among that of any media offering. His readers work with him as a community through lively discourse and help evolve and fine tune the focal point of his views—capital markets and social equity... Scholars of social change will witness the direction initiated by Bill Cara’s writings as he advocates the protection of trader rights ..." -- Peter C. Simmons, Ph.D (Chief Market Sciences Executive, Enterprise Support Company/ESC), reports, “When I needed it most – nearing retirement – Cara's fascinating free blog proved a godsend to me. Finally I found someone who knows from long study and wide experience precisely what he is talking about, and one who relishes sharing his knowledge for the common good. For a small, naive investor like me, discovering Bill Cara has improved my life. I am most sincerely grateful.” -- John Stein, Cape Cod, Massachusetts “…I have saved my family thousands of $$$ by making informed choices based on (Bill Cara’s) greater world market views… Never in my wildest dreams would I have expected someone to share their life long expertise of the markets and trading wisdom openly and free to boot! … His discourse has added clarity to the markets where there was once only dizzying confusion and haphazard gains…” -- Steve Baert, Thorndale, Ontario “… With the plethora of investment blogs, I've read hundreds… Bill Cara's is the only one that I still use on a daily basis… Bill educated me so I became more confident and used my new skills. In 2009 I will (open a CTAB account). I'm joining for two reasons: to make money and to become a better trader.” -- Sarah-Hadassah Hoffmann, Via Internet “… It was apparent to me that after reading his analysis and comments on world capital markets for a few weeks that Bill was genuine in his desire to educate and assist the individual trader, and to be a voice of social responsibility where ever he might be heard… His choice of financially sound company's in his Cara 100 has brought my portfolio nice gains… -- David Berry, Via Internet Biography: Bill Cara, founder of Cara Trading Advisors (Bahamas) Lid. [CTAB], is a highly regarded capital markets professional with over 35 years of managerial and entrepreneurial experience in the Canadian and Bahamas securities industries. A cum laude graduate of Waterloo Lutheran University, Waterloo, Ontario, and McMaster University, Hamilton, Ontario, Bill organized and managed Qtrade Investor Ltd. of Vancouver, Canada, a nationally registered investment dealer that within a year appreciated in business value by over $100 million after a global bank invested $14 million. Qtrade has been rated by Report On Business as the number-one electronic broker in Canada for several years. He retains his original shares. Prior to that, he was founder and Chief Executive Officer of eastern Canada for Canarim/Canaccord Capital, Canada’s largest independent broker-dealer member of the Toronto Stock Exchange. During that time he hired and trained a professional staff of 80 and was responsible for the company’s total brokerage operation from the penthouse of the Toronto Stock Exchange. During the 1980’s, he participated as lead manager in the creation and selling of almost $100 million in debt and equity securities for Canadian and US start-up corporations, the most notable being Star Data, Genesis Microchip, and Environmental Technologies, an undertaking that created shareholder values of almost $1 billion, and resulted in hundreds of jobs in Toronto and Silicon Valley, California. In the 1990’s, at the request of the Prime Minister of The Bahamas, he was responsible for about $100 million of direct investment into the local economy, including the re-development of the British Colonial Hilton Hotel in Nassau. Bill has been called as an expert witness by the Canadian Securities Administrators at a forum on electronic trading brokerage and also by the Senate of Canada Banking Committee Task Force on the future of Canada’s financial services industry. The Government of Canada has invited Bill to speak with Canada’s senior trade commissioner in three Asian countries. He has also been a member of the Government of Ontario Task Force which reviewed the operations of the Canadian unlisted securities market, operated by the Toronto Stock Exchange. In 2008, Bill established Cara Trading Advisors (Bahamas) [CTAB] as a professional service that manages accounts held by a global clientele in electronic brokerages. His firm offers a non-traditional portfolio management model providing discretionary trading services that optimize returns according to individual risk profiles, while allowing clients to retain complete control of their accounts. Bill lives in Nassau, The Bahamas, having moved from Toronto, Canada.
Lessons from the Trader Wizard Bill Cara, respected trader-statesman and Free Markets Patriot, presents a view of the markets that can’t be found in a classroom. He discusses through his personal experience how the markets work, how he picks stocks, and how to develop the confidence and self-reliance to become your own trader. Scroll ...More
down for: • Table of Contents • Reviews Table of Contents: Part 1: What is the Market? What is Trading? • Getting your head around capital markets and your place in it • Deciding to self-trade securities, get help or do a little between • Choosing your advisor carefully • Purchasing investment products called mutual funds • So, Mr. Trader, you decided to take control of your own affairs Part 2: Cara’s Approach to Trading Bonds, Bond Funds and Cash • What is a bond? • Choosing between bonds and bond funds • Money market funds: Cash is an asset class too Part 3: Trading Stocks (Also Called Equities) • Macro-economics: Where public and private sectors meet • Fundamental (corporate) data • Combining corporate and market data for quantitative analysis • Technical (market) data analysis • How equity markets are sliced and diced • Countries • Knowing the playing field • Exchange-traded equity funds, including closed-end funds • Selecting equity mutual funds • About growth • About value • Growth + approximate fair value = quality [the Cara 100 concept] • The importance of when to buy • The Cara 500 Market Phases Model and Oscillator Part 4: Specialties to Trade • About trading options • Trading the commodities, futures and currencies contract markets • Trading in foreign currencies • Preferred, rights and warrants • Special situations • The mechanics of buying and selling: The Trader Wizard’s “How To” Guidelines Reviews: "Bill Cara is the defacto spokesman for a growing group of finance and investment professionals who are speaking out about inequities in capital markets. Through four years of daily writing he has steadily built a large blog readership ranked as one of the more elite and enlightened among that of any media offering. His readers work with him as a community through lively discourse and help evolve and fine tune the focal point of his views—capital markets and social equity. In this book, investors will find the clear basis for assessing the appropriateness of their portfolio with an increasingly global “trading floor”. Scholars of social change will witness the direction initiated by Bill Cara’s writings as he advocates the protection of trader rights. Lessons from the Trader Wizard spotlights the appeal of the daily journalistic correspondence on free market dynamics that growing numbers of people have come to expect from the Bill Cara Blog." -- Peter C. Simmons, Ph.D (Chief Market Sciences Executive, Enterprise Support Company/ESC) "Practical, provocative, inspirational, educational and meaningful information on wealth management which provides individuals with the knowledge to handle their investment decisions." -- Bob Coffey, BCom, CA CMC — retired vice-chair and headcoach of KPMG Chartered Accountants (Canada) "Through the power of his written words, Bill Cara turns mere mortals into trading superstars. Bill Cara is that rare breed of individual: an insider who thinks like an outsider; an investor who acts like a trader; and, a practitioner who can teach others just what it takes to make money in the markets. -- Michael Panzner, author of Financial Armageddon and The New Laws of the Stock Market Jungle "Discovering Bill Cara is more important to investors than finding a great stock investment. In Bill, individual investors have found an independent, principled, intelligent and experienced teacher and advocate. If you want to learn about markets and trading, buy his book!" -- Ermanno Pascutto — former senior securities market regulator in Canada (Executive Director, Ontario Securities Commission), and Hong Kong (Deputy Chairman, Securities and Futures Commission) and currently advisor to regulators, self-regulatory organizations and financial institutions in North America, Asia and the Middle East "If you don’t believe that the Internet has changed everything, and is now empowering individuals to beat big corporations, then you have not met Bill Cara or visited his blog! Bill’s quotidian thoughts and trader wisdom now reach more people every day than many of the top Wall Street analysts. Bill is a leader in a new entrepreneurial class empowered by the democratizing power of technology." -- W William Woods, co-author of B2B Exchanges and author of B2B Exchanges 2.0