In the last 7 years since FED was manipulating the market with artificially 2%, no real long lasting wealth has been created,,,quite the opposite
True Wealth cannot be created by printing fiat money.
Interest rates need to normal rate for this economic reality which 4.99% for normal economic stabiltiy. B.S. rates cause b.s. in the economy.
FED isn't a gov't welfare program.
Humans by nature are social animals and besides it's more fund trading with a group.
if you are loner and like you trading alone, then it's your thing or provocative. do what works for you.
avoid trading with amateurs or people who can't trade or traders with a gambling problem or trade like market mkers who have different models that individual traders cannot take advantage of,,,they would hinder your trading.
This guy has good stuff and is professional.
Trade with professionals if you want to be a professional.
http://www.youtube.com/watch?v=gk1fNTesr0U
By trading with a group you have more eyes on the market.
Don't get addicted to gambling as that is the downfall of all traders.
Traders who have a gambling problem must leave the market===QUIT.
technical analysis for short term trading like intra-day works for me.
technical analysis doesn't work for long term investing. investing requires...
Years of moral corruption in America.
Drugs etc....is rampant in the country. no morals...all crime everywhere.
including crime wall street..spreading like a disease. took decades to spread..and than the walls collapse one day.
Bernanke and his FED bots made inflation worse by decreasing rates from 4% to 2%..
why should public money be used to support PRIVATE banks which are PRIVATE companies. either they restructure or sell more shares...the investors of those companies are on thier own in raising capital or become...
economy grows 1% but debt grows and inflation grows 5%
Bernanke didn't create this mess and won't be the one to solve it.
the only solution is the free market====bad companies go chapter 11 and restructure themselves and sold to competitors.
most of the jobs in the trading firms are for computer science degree who do automated program and use systems. you'll need to know software programming.
if you have the cash like $30,000 and is a 'professional trader' why work for anyone else as a trader assistant and making the man rich
if you are not a professional trader, why would anyone hire you.