While most people living pay check to pay check don't really seem to mind using their phones to do their transactions as was apparent today by the conversation at the grocery till. The lady was all euphoric about having the convenience and abil…
The problem everyone has with the stock market is it never seems to favor the little guy. It always seems to have its biggest ups and largest drawdowns at the time when it is least convenient for the little man. The standard CFP advice is "buy…
Ok I think that the markets have decidedly made some decisions. Everyone likes to trade the EUR/USD don't they? Sure. However if you follow my blog on trading the EUR/USD (which by the way has NEVER had a loss EVER in seven years) then you may …
You have to know the facts before you race around calling someone the best trader ever. I think that there are far better examples of consistency than Jesse Livermore. For his time no doubt he was the best and brightest trader. Unless you read the b…
The short answer to this of course is "Yes it is". It has the power to devalue your money and erode your standard of living over time. Proof is in your purchasing power. It doesn't matter what you make if you are taxed heavily on extra…
Well the big US brokerage as everyone knows by now is banned from conducting business in the USA. They were found guilty of trading against most of their clients according to the CFTC. As most of you will recall this is the same firm that was finne…
There is not a day that goes by that someone doesn't have a wonderful pick on stocks, commodities and a host of other financial instruments that are "Chance of a lifetime" picks. Well if that were the case almost everyone would be wea…
Fridays are typically a day that you SHOULD NOT trade as a trader. Why? You will likely give back a lot of your profits. You will say that it is not much different than other days. This is NOT the case. It is when weekly options expire and price do…
Well I will gloat a little as I was right yet again. I told you that the Dollar was set to fall along with the USD/CHF and USD/YEN. It was clearly written "here" a few weeks ago when I told you clearly what to do. Just out of curiosity di…
