Lessons from the Pros
How many times have you heard someone say, “Trading is an art, not a science.” I have heard that for years and years and I have to say, it is probably the most ridiculous statement I have heard when it comes to trading and as we all know, there are some pretty ridiculous statements in… Read More »
“There’s a sucker born every minute!” You are likely familiar with this phrase which has been attributed to the late P.T. Barnum. It means that there are a lot of gullible people in the world. Wall Street is counting on investor vulnerability in order to line their own pockets. Business television helps to perpetuate this… Read More »
It still amazes me that after all these years of trading and being involved in the financial education business I never find it a challenge to write about the things concerning the markets and the challenges that traders face when attempting to negotiate them. Having just finished up a recent 3-day long Market Timing Class, Read More »
After languishing in a down trend for almost five years, the price of gold has shown some strong signs of life in the last few weeks. On February 12, it settled at a price that was over 17% higher than at the beginning of 2016. Here is the chart of GLD, the Exchange-traded Fund that… Read More »
I’m sure I will get a lot of doubters reading this article. Seems the majority of traders you talk to are very bearish on the Commodity and Stock markets at the moment. And that is a good thing if you are bullish. I love watching shorts scramble to cover their… Read More »
First, what is Section 8 housing? Section 8 is a government program that was started back in 1937 by the “Houston Act”. This program is managed by the U.S. Dept. of Housing and Urban Development (HUD). There are a variety of different programs within Section 8 that serve over 3 million low-income households. The most… Read More »
Automatic patterns, otherwise known as default patterns of thinking, feeling and doing are conditioned programs that are linked to beliefs and thought preferences and they quite often can work against you. Behavioral conditioning begins from your earliest days of being with family, teachers, counselors, coaches and all manner of authority figures. These conditioned behavior patterns… Read More »