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Capitalize on Pre-Market Movement

Did you notice anything happen this morning, about an hour before the markets opened? Most people didn’t. Most people don’t pay attention to pre-market movement. In fact, most people don’t have any clue that you can trade pre- and post-market.  And these people are really missing out Digg this! Stumble upon something good? Share it [...]

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Happy Anniversary Bear Lovers

September 29, 2009 marks the one-year anniversary of a truly monumental occassion.  It is an anniversary that most investors don’t want to celebrate. On September 29, 2008, the Dow Jones Industrial Average suffered its worst point plummet in history.  To call it a “drop” is an understatement. The DJIA fell almost 780 points on that [...]

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What Is The Worst Thing That Can Happen To A New Trader? The Answer Will Surprise You.

I received an interesting email the other day, asking a very intriguing question. Its a question that made me pause and reflect for a while. I didn’t really have an immediate answer. Oh, I had several ideas pop into my head immediately, but I quickly realized that these weren’t the right answer to the question. [...]

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Fed Day – A Trader’s Favorite Holiday!

If you have any investment experience at all, you have heard of Fed Day.  You are no doubt familiar with the “Fed Funds Rate” announcement. You’ve seen the market react to changes (or lack thereof) in this rate. You know that Fed Day affects the market. This trading holiday occurs 8 times a year. I [...]

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Are You A “Beaten Monkey” Trader?

Have you ever heard of the “Beaten Monkey” Syndrome? Nearly everybody on the planet is in some way, shape, or form affected by this syndrome, and most don’t even know it. Basically, the theory is that a monkey (or a dog, or another animal of higher intelligence) that is mistreated, physically or emotionally, will cling more [...]

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Trading and the Symphony – Trading is an Art, NOT a Science.

Have you ever been to the symphony?  Or to a high class broadway play?  Have you ever enjoyed a concert?  Or even a really good piano recital? Have you ever marvelled at a piece of art, or  a sculpture? Artists are some of the most revered people who have ever lived on this Earth. You [...]

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Learn How To Trade So You Can Avoid THIS!

Maybe you didn’t notice this news story. In fact, most people didn’t. But this news story (link to follow) outlines one of the most important reasons to learn how to trade. This is just one of MANY good reasons to learn how to trade. But it is a big one. Digg this! Stumble upon something [...]

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The Trader’s Devil Bitch

Have you ever had the great misfortune to meet the Trader’s Devil Bitch? If you have traded for any length of time, you have met her. And she is beyond nasty. She makes Hannibal Lecter look like Papa Smurf in comparison. Imagine your worst trading nightmare. Now raise that by a factor of 10. And then you might be scratching [...]

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Leprechauns, Failure, and the Tooth Fairy

Failure is like that imaginary friend that you had in kindergarten – you know, the one who always kept getting you in trouble? Yep, that’s Failure. Does this sound strange? A comparison between Failure and your imaginary friend? Probably. But hear me out. Failure doesn’t exist. Never has, never will. Just like Big Foot, Leprechauns, [...]

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That which doesn’t kill you…can still ruin you as a trader.

We’ve all heard the saying “That which doesn’t kill you makes you stronger”. This is true in most cases, but may not be in the case of trading. There are two opposite yet similar emotions/personality traits that are deadly to traders. True, they might not “kill” you, but they could still easily ruin you as [...]

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