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Money and happiness does not go hand in hand together. Only success goes with happiness. Money is neutral and that man by nature is greedy and cannot be contented. Take this illustration, a high percentage of rich can not be happy because money cannot buy happiness. Material wealth does not...

Its in the news, the ultra rich are not taxed the way it should be. Meaning, they save a lot in taxes.

It will be simple. You can decide how much percent you are willing to risk and then multiply that to your trading capital. The higher the percent, the more risk you would like to take. The number of shares you will buy depends on the amount of risk you would like to take as well as the money...

Best wish of good health and luck to Steve Jobs!

Probably today is not yet the bottom. You can read more details here: http://www.stock-trading.me/2011/08/how-to-detect-bear-market-bottom-v-bottom-of-the-stocks-or-index/ S&P500 commands the top 500 companies and influence the major movement in stocks. Looking at the situation today in the...

True to his advice-- be greedy when everyone is fearful, be fearful when everyone is greedy. You noticed that he invest big time in crisis when everyone is afraid.

I always believed in a saying "If you cannot find employers then hire yourself". This makes a difference, 6 years ago I was struggling with jobs, finding ways to impress them and yet could not still find one. Until I started some small business on my own worked 15 hours a day just to paid the...

Of course, starting a business requires a solid business plan. I recommend consulting a business plan expert with expertise in setting up financial institutions. He will be formulating what are the checklist that you need to do as well as reviewing your business strategies that you are going to...

Lessons in classroom are very different from lessons learned in actual trading. For example, do you know what is trading expectancy? No serious trader should be without it. One day you will be doing paper tradings and analysis of your trading systems and you cannot analyze it using the...

it is important for traders to get fit like to train running for aerobic base training. You know why? So that even at the most stressful conditions, the heart still beats slow! An untrained individual would have a high heart rate that would eventually lead to high blood pressure.

Not claiming to be an expert, but I work in some of the internet marketing professionals who are Adwords and SEO Experts. According to them, Adwords is fine for shorter campaign particularly if you have a brand new website that won't be able to attract traffic immediately. But if you are...

One of the easier formulas I am using is from this post: Maximum Drawdown in Trading Computation This is the formula for maximum losing streak with the probability of happening at 1 per 10,000 trades: Max = -4 /Log(L) Where L is the loss probability of the trading system. Supposing...

Wi fi without password can allow ANY person to eavesdropped your communications, read your email, messages, know what you are going, know your favorite p*rn sites, know your affair, access your computer remotely, etc. Do you really want someone to know that? Its why if its encrypted with...

None of the above, I will give money to those that do not have and teach them how to multiply it (by investment, money management). In the end of my life, I have helped a lot of persons to be rich not just enriching myself.

In this post: http://www.stock-trading.me/2008/03/support-and-resistance-trading/ There are some rules, you indeed ask the right question: 1.) Once the support level is breached (broken) the price will continue to go down and then the previous support level will become the new resistance...

Support and Resistance is classic genius. It works at all times. The only tough call is to determine accurately what is the resistance and support in the chart. once you "intimately" know this (which of course needs some training, consistency and practice)- trade long when the price is at...

For those with zero programming experience. All I can advise is to start with a simple Excel spreadsheet to do some back testing analysis. Here is tutorial on how to do it simply: http://www.stock-trading.me/2010/11/how-to-perform-free-backtesting-of-stocks-using-ms-excel-the-easy-way/ Once...

Personally I think Gold will still go up higher and will most likely disobey the cycles. The primary reasons are the following: a.) Gold is not very abundant. Population is increasing so as the demand for gold in jewelry, electronics, etc. b.) Gold is attracting more investors unlike...

Here it is: www.stock-trading.me/2010/01/stock-exit-strategy-formulating-an-effective-profit-targets/ Cheers..

Money and risk management is what trading is all about. Failure to know these terms intimately can lead to an immediate disaster of someone's trading account.