It's Snowing
The Winter Games for the Olympics are coming up soon and many will want to go to see the giant slalom event. That's the one where the skier starts off from the little hut at the top of a long slope, picks up speed and makes his way around poles on the way down. Each turn about a pole is precarious and some fall on the way down and are wiped out. Kinda reminds me of the current stock market. Starting off slowly down from the safety of the top and as it become steeper it picks up speed. Each turn on the way down looks like a place to rally, but shortly thereafter it heads down again at even higher speed. And many are wiped out – financially. If you are not an expert you should not be on the course. If you are a beginner you better head for the "bunny" course where you won't get hurt. Safer, not as thrilling, but you will get to the bottom all in one piece. The "bunny" course in the retirement race is all in CDs and T-Bills; however, everything is guaranteed. It takes a long time to get there and you won't win any gold. You will have some silver. Many have tried the steep championship financial course and been wiped so they hired an instructor such as a broker or financial planner. It is unfortunate that most of these instructors cannot make it to the gold at the bottom of the hill. How do you make it safely to the bottom with all your cash and yet do better than the CD people? The next safest place is in no-load mutual funds, but there is a catch. You have to review your mutual funds every month. And what do I mean by that? Review? You must keep yourself from being wiped out on one of those steep downturns by selling any fund that goes below its previous 3-month price level. It is really that simple. If your fund went from $40 to $90 and was then trading at $80 with the previous 3-month low of $70 you would sell it as soon as it closed below $70. This is as simple as it gets, but it means YOU must DO something and not sit there and watch your money disappear like the melting snow. The secret of success in the stock market is selling. Learn to protect your profits and also protect yourself from losses when you buy. It's your money. Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know. Copyright 2005 |
Other Online Trading Articles
Stock Brokers When corporations put their companies out in the market, they make their shares available, allowing other business people to invest in the company. As an investor, you want to know which companies would profit or loose out over the months after you make the investment on their stocks. But what if you are not familiar with the stock market? Do yo ...Real Time Forex - How Can You Possibly Make Money Without It? In the crazy Forex market having real time Forex and its rates is a huge benefit. Real time foreign exchange allows for the trader to have absolute confidence in the trade and the rate they are getting. This is because actual time Forex informs the trader in actual time the current rates for trading and exchange between foreign currencies. This ...When Should I Sell? People are always asking me when should I sell my stock or mutual funds?There are some relatively easy answers to this. In fact, so simple that you won't believe them, but they are things I have learned over the past 30 years as a professional trader on the floor of the commodity exchange in Chicago. These ideas apply equally well to stoc ...What Dividends Are and When They're Issued If you've ever owned stocks or held certain other types of investments, you might already be familiar with the concept of dividends. Even those people who have made investments that paid dividends may still be a little confused as to exactly what dividends are, however… after all, just because a person has received a dividend payment doesn't mea ...Online Stock Trades According to experts, you must think of your trading as a business and the stocks that you hold as its inventory. You can’t allow yourself to fall in love with and thereby hang on to a stock out of loyalty. You will find it especially hard to admit you have made a mistake; nevertheless, you have to bite the bullet and exit the position before yo ...When and How to Invest in Bonds If you've been considering making an investment but aren't exactly sure what you should invest in, you might want to consider making an investment in bonds. An investment that is usually grouped together with stocks, many people aren't overly sure what bonds are or how they operate… a lack of understanding that can cause some people to overlook ...Forex Day Trading - Is It Too Good To Be True? A type of trading available in the Forex market is called Forex day trading. This financial trading option can be something that can definitely make trading work better for you. One of the biggest benefits of trading day currencies is that it is available twenty-four hours a day. This of course can give traders the obvious benefit of trading at ...What is Expectancy? I have been watching as a several people on a forum discuss, argue and lend their ideas about entry techniques. They are going crazy over what the proper entry should be and why one chart pattern is better than the other. One person has even said how they purchased massive amounts of software to help them enter the market. Now don’t get me wrong ...The Information Age It is wonderful to be alive in the information age. We know in a matter of seconds the change in the value of gold in Switzerland, the death of a world leader or the birth of a peasant in Israel.We are inundated with facts and figures and the emotional tribulations of both famous and infamous people. Can we possibly assimilate all this? D ...Buying Mutual Funds It looks like the market is ready to start up again so it is time to buy mutual funds, but you only want to invest your money in funds that go up. First, you don't want to start with a loss so be sure to purchase no-load mutual funds. There is no need to ever pay commissions as there are several thousand funds that have no commission whatsoever ...Online Commodity Trading The system of fortnightly accounts is quite handy for a speculator or short-term operator in online commodity trading who buys in the hope that a price decline in the short run will bring him profit, or who sells in the hope that a price decline in the short run will bring him gains. If he buys commodities at the beginning of an account period, ...Winning at Future Trading A futures market is where commodities — to be delivered some time in the future are bought and sold. These include coffee, soybeans, silk, pork bellies, rubber, fur, grains, gold, eggs and government bonds.The rationale behind this marketplace is to allow commodity producers to sell their produce in advance of delivering them. By doing t ...ETFs: Popular, Trendy, Hot … And Worth Checking Out Exchange traded funds, commonly referred to as ETFs, were introduced in the early 1990s and have been gaining popularity ever since. What’s the appeal?First, let’s define ETFs. They are index funds or trusts that are listed on an exchange and can be traded all day long just like regular stocks. The funds hold a pool of securities that are ...A Guide to High-Yield, High-Risk Stocks The classic image of the stock market is that of a place where fortunes are made and lost throughout the course of the day, and where those who take the biggest risks are rewarded by a hefty payout when all is said and done. Of course, this is the movie version of the market… no matter how thrilling the day-to-day dramas of investment trading be ...Why Choose Forex Trading Over Stocks Trading Forex trading holds significant differences to stocks trading. Understanding these differences will aid a trader in deciding the right market to enter. Forex trading itself has several advantages over stocks trading and is ideal for the beginner and individual small investors.1. Low Transaction Costs for Forex Trading. There are no h ...Crude Oil & Unleaded Gas – As Predicted Big Gains & More To Come! These markets have exploded to the upside today as we thought ( see previous articles) and traders who took the stochastic crossover have fantastic gains on the day.Can this market continue its upward momentum? Let’s look at the trade in more detail.Low risk and high reward tradeThis market was trading near support, so it wa ...Looking At Stock Trading From A Business Perspective - Part 1 Because of the large size of the stock market, beginner investors seem to feel overwhelmed as to where to even begin investing their money. To most people, the stock market presents a tangled web of options but does not provide the road map of clarity to direct their way along way in their investment adventure.The key to investing in the ...Forex Trading What is Forex Trading?Forex Trading, also technically referred to as Foreign Exchange Trading, is the financial market of the world. Forex consist of selling and buying currencies on the market. Forex generally used by businesses and entrepreneurs looking to conduct international business and transactions.To give you an example of ...Take The Time You must take the time once a month to review your investment portfolio. It won't take long - less than one hour, maybe 15 minutes.I don't believe the average working person or business owner should own anything but mutual funds because these are the easiest to buy and evaluate. However, if you do own some stocks the first thing to ask yo ...Understanding Futures Trading The practice of trading commodities is known as futures trading. Experience combined with patience can make such a transaction very lucrative. It involves the trading of tangible items, like silver, gold, oil or even crops. This practice is based on your ability to predict the future price of a commodity. Companies and individuals alike make inv ...Tips for Online Currency Trading Did you realize that currency trading is the world's largest business? Yes, it's true. Over three trillion dollars worth of transactions take place each and every day in the world's currency markets and online currency trading is now available to everyone.The markets are extremely volatile and fortunes can be won and lost in mere minutes ...FOREX Online System Trading- For Bigger Profits The rise of the Internet and cheap powerful computers has made FOREX online system trading a reality for any trader, novice or pro.Now its possible for individual traders to manage their funds and target 30 – 50% annual compound growth.The advantages of FOREX online system and how to choose a good one are outlined in this article. ...Valuation Every day I hear from the “experts” on CNBC-TV and the radio gurus that the way to buy stocks is find value. One man’s Rembrandt is another man’s connect-the-dots and fill in the spaces. Valuation is like beauty. It is in the mind of the beholder.If valuation is the key to buying stocks then there should be some kind of a formula to dete ...ETFs - Better Than Mutual Funds Let’s be sure you know what an ETF is. It is an Exchange Traded Fund. They have not been around very long, but are catching on. More and more are being created. It is similar to a mini-mutual fund and has many of the same characteristics. A regular fund is composed of many stocks. There are index funds that have hundreds of stocks with the same ...Trading Day Software Trading by computer using specific software is common and easy on the pocket as well. Computers are the best medium for all kinds of trading, but particularly for day trading. The systems works with two monitors connected to the same machine, and day traders can expand their trading screen across both the monitors. Thus, the graphs and the marke ...Forex Trading - A Maze Of Misinformation If you want to get into something that will totally confuse you and send you to the poor house at the same time then try getting into Forex trading which is the buying and selling of currency. An associate of mine has this horror story to share. For the sake of protecting his already fragile shattered ego because of this horrible experience we ...You Won't Like This Why? Because I am going to shatter your conventional wisdom as I have many times in previous columns about the lies that Wall Street continues to tell you. This time we are going to go deeper into the economy to unearth the truth about lies the politicians are telling you.Let’s understand from the beginning that few politicians understand ...A New Trader's Journey to Success Stage One: The Clueless TraderThis is the first stage when you enter trading. You may have picked up a book on technical analysis somewhere, heard of a day trader making millions, or got lucky in an earlier stock investment. After all, how hard can it be? The money sounds appealing and the freedom to be independent sounds ...Utilizing Trading Software in Forex market Today's Foreign Exchange (Forex) trading is recognized as one of the lucrative ways in making money online. To trade Forex, all you need is just a computer with Internet connection and an account with Forex broker. As the market is operating 24 hours a day (for 5.5 days a week), Forex traders are basically work freely regardless on the location ...Is Active Trading The Answer? One of the main reasons many of us get into investing is to become financially independent. Who isn't trying to amass a portfolio with enough income to ensure that we don't have to work when we should be playing golf or traveling the world. While there are several strategies to invest, is active trading one of the ways to become a millionaire? ...Should You Join an Online Stock Trading Forum? If you're involved in online stock trading then you know how important it is to have timely and quality information. From experience the best way to get this information is to become a member of a good online stock trading forum.Benefits:In any business it's good to be able to discuss things with others in the same field, and if no ...How and When to Invest in the Stock Market As the world economy continues to grow, more people than ever are turning to the stock market in an effort to find ways to make their money work for them. Unfortunately, not everyone is able to master the market effectively. To help you to make sure that you get the most out of your investments, the information below will provide tips for when, ...Getting Started With Forex Trading Had enough of the stock exchange? Tired of options? Perhaps then the foreign currency exchange market, or Forex, is something you should consider. The Forex market has exploded in popularity recently and is by far the largest trading market in the world. How, then do you get started in this potentially lucrative arena?The first thing you ...Stock Selection - Helpful Hints The correct way to pick stocks will vary from person to person depending on who you ask. It seems everyone has perfected some strategy to pick the best stocks. Yet statistics show that most people are very bad at picking stocks with stock market averages earnings a much better return than the vast majority of stock pickers. However, there are ...Online Stock Trading Games The best way to learn online stock trading is to actually do it - in a game, that is. Before you invest top dollar in the real deal, try online stock trading games first. These games simulate the stock market very realistically. You can develop a lot of investor insight and tactics just from losing and winning.Benefits of Online Stock Tra ...
|