Feb-13th-2010
I speak to traders that spend every waking hour focused on trading. While this may be fine for some it is not for me, I know this because I used to be that guy. I originally became interested in trading because I dreamed of being rich and having the time to do what ever I [...]
Posted in Currency Trading by: admin -- No Comments -- ReadMore
Dec-2nd-2009
When I thought about some of the first things I learned before trading the Forex market, fundamental analysis came to mind. Fundamental analysis refers to factors that affect the price of a currency pair. It is important not only to perform technical analysis based on your charts and indicators, but to also be aware of [...]
Posted in Currency Trading by: admin -- No Comments -- ReadMore
Nov-20th-2009
I know a woman in her sixties. She worked for a company for a little more than a decade as an administration and office assistant for a staff of one hundred sales people, who loved her dearly. She always made sure all the faxes got to their desks; the stationery stock was full and each [...]
Posted in Currency Trading by: admin -- No Comments -- ReadMore
Nov-18th-2009
There’s no doubt that futures trading is inherently a risky business. Anyone who tells you it is 100% risk free is either ignorant or trying to sell you something. The truth is futures trading is a gamble. There’s no telling when you are going to win or when you are going to lose. The best [...]
Posted in Wealth Building by: admin -- No Comments -- ReadMore
Nov-5th-2009
Origins of the Camarilla Equation
Discovered while day trading in 1989 by Nick Stott, a successful bond trader in the financial markets, the ‘Camarilla’ equation uses a truism of nature to define market action – namely that most time series have a tendency to revert to the mean.
The equation produces 8 levels that are meant to [...]
Posted in Investing by: admin -- No Comments -- ReadMore
Sep-20th-2009
Blockbuster (BBI) is a perfect example of what can go wrong when you misread the industry trends and then realizing it, try desperately to catch up. In the period from late 2001 to 2002, Blockbuster was the leader in the video rental business. Its shares were trading at nearly $30 a share and its market-cap [...]
Posted in Stock Market by: admin -- No Comments -- ReadMore