• Still looking at the 1, 5 and 15 minutes charts? I think that you had better quit doing that sort of trading. If you are making money, carry on, but if you still lose money trying day trading, it is best to stop doing…

  • There is something I see quite often in the circles of trading, and it is the example flipping coins and random market behavior, and the fact that trading is not very different from that activity or lottery.

    That fact is true in some way, at…

  • Before we choose a broker to do trading we should know what we want to do.

    We have to be sure what are trading plan is and what asset is the most adequate for that.

    To have a trading plan before we should have a deep…

  • One of the most typical things that someone really interested in the world of trading does is some backtesting, that is, the analysis and study of past prices to try to find some pattern that could result in an statistical advantage to become a…

  • My first suggestion would be to complete a Forex Trading Course before starting to trade on a real account.

    Proper knowledge about Forex trading is one of the best tools any trader can have. If you choose the right Forex trading course, it will be…

  • What is a greater asset to you…time or money?

    I know, it’s a tough choice.  I struggled with this question for years…and at times still do.

    When you truly take the time (pun intended) to stop and think for a minute…you realize that time is your…

  • I once heard Tony Robbins discuss the 6 Human Needs we all have. 

    According to Tony, we need:

    1. Certainty (security)
    2. Uncertainty (variety/surprise)
    3. Significance (to feel important, special, unique)
    4. Connection/Love
    5. Growth
    6. Contribution Beyond Ourselves

  • I had a conversation with a friend about industries that thrive during a recession.

    Our discussion looked at the big picture of trends in a recession. There are a lot of valuable points made by my friend.

    Among the those:

    • Discount retailers…
  • Think student loans will lead you to a better job, better income, and therefore (based on what our society makes you believe) a better life?  Think again.

    Student loan debt has for the last couple decades risen higher than inflation.  It is an area that…

  • Communication breakdown is what creates most problems…and right now there seems to be a disconnect between Washington, D.C. and the American people.

    Government bailouts and “stimulus” packages are confusing not only to the people, but to our Congressmen and women as well.

    My goal here is…

  • STOCK MARKET TERMS FOR THE NEW ECONOMY

    CEO — Chief Embezzlement Officer.
    CFO
    — Corporate Fraud Officer.
    BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.
    BEAR MARKET — A 6 to 18 month period when the kids get…