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    what is price action??

    According to John Murphy, there's a slight difference between price action and market action. Market action includes: price, volume, and open interest (open interest is used only in futures and options). The term "price action," which is often used, seems too narrow because most technicians...
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    Starting from scratch

    It's a good way to practice with paper trading. However, nothing can really match to trading with your own hard earned money since a lot of emotions will be involved. It's good that you read a lot of trading books and your starting capital of 7200 is pretty sufficient. good luck to you!
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    how do I create a trading plan?

    when you first start trading, you should really write down everything and why you made those transactions. this part of the trading plan is the record-keeping and it can be a bit of a hassle. but i think if you don't have enough discipline to actually write down why you bought the stock (so that...
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    Living paycheck to paycheck - must be hard wired

    oh yes , i definitely recommend you give them the book Rich Dad, Poor to read and teach them the value of saving money!
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    microsoft earnings disaster

    MSFT had high volume trading today. yeah, their earnings pretty much were disappointing..but their new OS is coming out on October 22. amazon and american express also reported bad earnings....
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