Archive for Category: "Featured Article"

Greece, Cultural History and the Financial System

Greece, Cultural History and the Financial System

Historical Background Greece has always had a thriving underground economy. The long history of human civilization there and even the geography of the island nation has created long-standing traditions and deep kin relationships that bypass official governmental channels, which leads to a significant percentage of the economic activity happening outside of the purview of the [...]

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Six Reasons Why Trading Is The Greatest Business In The World

I’m extremely biased when it comes to trading the financial markets.  So many people are quick to dismiss it as gambling or “evil” speculation.  The true “evil” speculation is thinking that your job is going to be there for you tomorrow, and that you are actually going to be able to retire from it one [...]

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Developing A New Skill Set In Stock Trading- A Pragmatic Approach To Creating A New Mindset

Developing A New Skill Set In Stock Trading- A Pragmatic Approach To Creating A New Mindset

Developing Your Mindset For Stock Trading You are interested in joining the tens of thousands of those that are stock trading on and off Wall Street, and you want to do it within the comfort of your own home—no problem. However, be prepared to mentally battle your brain as you begin learning. Developing a new [...]

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Here Are Some Alternative Markets For Traders With Smaller Portfolios

Here Are Some Alternative Markets For Traders With Smaller Portfolios

Not all traders have the $25,000 minimum that the SEC requires for day trading in the stock market.  It’s actually more than $25,000 when you think about it, because you must have some wiggle room, or else if your first trade is even a breakeven exit, you will dip below the $25,000 mark after commissions [...]

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Getting The Right Computer For Your Trading Business

Getting The Right Computer For Your Trading Business

I always like to compare the trading business to your run of the mill physical business.  Let’s choose my personal favorite, a pizzeria.  You can have the dough, the cheese, the tomatoes and the pizza boxes, but without one essential item, you can’t be in business. You need a pizza oven to cook it all [...]

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My Opinion On Elliott Wave Theory

My Opinion On Elliott Wave Theory

Occasionally, someone will ask me my thoughts on Elliott Wave theory. I am always torn when I give my answer because while I feel it’s a fantastic methodology, it requires an education that not many people are ready to commit to. Whenever something requires more than just plug and play, many traders tend to get [...]

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A Simple Way I Use The $VIX To Assist Me With Market Timing

A Simple Way I Use The $VIX To Assist Me With Market Timing

Whenever the Bears start showing their claws, one of the first things mentioned in trading circles is the $VIX. The $VIX is the Chicago Board Options Exchange Volatility Index, and is a way to measure fear and complacency in the market. The $VIX is one of the most misunderstood and misused index by many traders, [...]

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