By jimmycox on March 28, 2009
Underestimate the importance of trading money management at your peril. Building a trading business you can be proud of without trading money management systems and rules in place is doomed to fail from the outset. Achieving financial success in the markets is not easy. It takes discipline, determination and a well-tested (and well-followed) plan. Despite [...]
Posted in Investing
By jimmycox on March 28, 2009
The secret’s out. Profitable trading is a realistic option for the perfect business. It is capitalism’s best-kept secret. Office politics, difficult bosses and tricky employees play no part in trading. The market makes no distinction about your wealth, education level, ethnic background or any other aspect of your identity. You can trade from anywhere in [...]
Posted in Investing
By jimmycox on March 28, 2009
A well-known statistic, one that’s held true for many years, is that 90% of the people who come into the markets lose their money in the first six months. The primary reason is that the markets welcome everyone. Anyone with some money can start trading as quickly as they can get that money into an [...]
Posted in Investing
By mma316 on March 27, 2009
If you have money to invest in a recession, then consider yourself lucky as you are better off than most. This, of course, is taking for granted that you have no outstanding debts and you have an emergency fund at your disposal that can cushion you for unexpected expenses or the loss of a steady [...]
Posted in Investing
By thefaz on March 27, 2009
After the carnage that has gripped the markets over the last 6 months, it’s difficult at present to approach potential investments with confidence. Naturally, because very few people vocally predicted our current financial and economic crisis ahead of time, taking any investment authority as such these days is not exactly a conservative or rational call. [...]
Posted in Investing
By sanserve on March 26, 2009
“The Big Takeover” by Matt Taibbi is probably the best article written to date explaining the financial crisis and how we got to where we are now. Taibbi’s necessarily lengthy article explains the problems, names the “poipetrators”, and exposes all of the conflicts of interest— absolutely a must read. AIG, Goldman Sachs, and J. P. [...]
Posted in Investing
By ibemarketing on March 26, 2009
Short sale as a real estate investing strategy is the easiest way for new investors to get started in real estate. It takes an avearge of 2-4 months to get a short sale process completed under normal circumstances. However, it takes the average realtor or investor about 6 months or never to complete one file. [...]
Posted in Investing
By jimmycox on March 26, 2009
Master the counter intuitive notion of the trading stop and you’ll do what so many novice traders fail to do – turn a profit. How many times have you held a position too long? Everyone has at some point in their trading career. Over the years I have learned that it’s much easier to take [...]
Posted in Investing
By jimmycox on March 26, 2009
There is no ideal quantity of trading capital to begin trading with, it’s no secret that the higher the trading capital you start with, the easier trading becomes because of the fixed costs associated with trading. The major one to be aware of is brokerage. Depending on which broker you go for, many brokers charge [...]
Posted in Investing
By jimmycox on March 25, 2009
So many people make the cardinal trading mistakes and lose everything – wife, girlfriend, kids, house, the lot. Don’t fall into the trap and make the same trading mistakes. One of the biggest aspects of becoming a successful trader – and most things in life – is that of learning from your trading mistakes. I [...]
Posted in Investing
