A new article on Search Engine Land reports that those who were duped lost over half a million dollars by cryptocurrency scammers. Those who are new to cryptocurrency may not totally understand how every aspect of virtual currency works. Many will go to Google and other search engines to search for things like “What is cryptocurrency?” “How […]
How much did they start you out with? I don’t remember the exact amount, but I remember that I made $350,000 in my first year, $800,000 in my second, over $1 million in my third, and I never looked back. Do you ever use fundamentals? No, never. There was a three-year period when I had […]
This is what gaslighting looks like.Inflation this year was about 6%, meaning $100 last year would be worth roughly $94 this year.And yet they’re telling you to “invest” in vehicles that give you at most between 1 and 2%, maybe 3 if you’re lucky.Edit for clarification: those top investments are precisely the ones governments and […]
1. Plan your trades. Trade your plan. 2. Keep records of your trading results. 3. Keep a positive attitude, no matter how much you lose. 4. Don’t take the market home. 5. Continually set higher trading goals. 6. Successful traders buy into bad news and sell into good news. 7. Successful traders are not afraid […]
I have read over 400 trading and investing books in the past 20 years that have given me the principles of profitable trading and allowed me to make money in the markets consistently and build life changing amounts of capital. Here is a list of the ones that were most memorable, useful, and meaningful, along […]
1. Buying a weak stock is like betting on a slow horse. It is retarded. 2. Stocks are only cheap if they are going higher after you buy them. 3. Never trust a person more than the market. People lie, the market does not. 4. Controlling losers is a must; let your winners run out […]
Revered the world over for centuries as the essential text for warfare and battle by the ancient philosopher and general Sun Tzu (544 BC–496 BC) explains the principles for dealing with war, personal conflicts, and achieving success in the battles of life. Here are ten principles I believe we can translate to trading the markets. […]
A new article on Social Media Today reports that amid its various new updates and features in development, Twitter is also working to latch onto the rising interest in NFTs, which has seen digital artworks take on a new life of their own, generating billions in sales as users look to buy up the most […]
A risk management process for a trading system is not just math but also includes human psychology. The psychology of execution is just as important to profitability as the trading dynamics of the entries and exits of a trading method. Humans have fear, greed, and egos and these elements can interfere with the process of […]
Raymond Dalio is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world’s largest hedge funds. Bloomberg ranked him as the world’s 79th wealthiest person in January 2019. Here is a video posted by Investopedia on Youtube where Ray Dalio explains how to […]