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None of us know (a Christmas thought from Big A)

Good morning, This letter has nothing do to with business.   I simply want to share a thought that struck me today. None of us Know… None of us know how many more Christmases (or whatever you might celebrate this time of year) we will be around to celebrate. So Many Leave So Soon… Years ago, [...]

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Trading Book Recommendations

I’ve had a lot of students ask over the years about what the best trading books are. Since I’ve read hundreds it was hard to narrow it down. Below is the list and they are not listed in order of importance. I suggest buying them all, then reading the first few pages of each and [...]

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What kind of investor are you?

I believe there are certain questions any prospective investors MUST ask themselves before putting one thin dime into the market. You truly need to know yourself – and realize you have certain characteristics and even some limitations – that can affect how you’ll approach and deal with the market. Trust me… you really do need [...]

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New news article (trader loses 2 Billion) … perfect example of why you should learn to trade

Last week a UBS trader was arrested for losing 2 Billion dollars of the Banks funds. UBS says it was not client funds (I’m not sure I believe that), but either way the stock jumped down. This is another great reason why you should not trust your money with anyone, even a “professional” trader. This [...]

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How to Tame Your Emotions When Investing

I think most investors will agree that the Number One obstacle to total investment success is simply their emotions. And when you think of emotions that impair logical investment decisions, nine times out of ten, you come up with the Big Duo of Fear and Greed. But… truth be told… there are several other emotions [...]

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US Debt Breakdown

I got this email from a friend of mine and thought this would put the US debt ceiling deal into perspective: The U.S. Congress sets a federal budget every year in the trillions of dollars. Few people know how much money that is so we created a breakdown of federal spending in simple terms. Let’s [...]

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There’s Always A Bull Market Somewhere

Yeah, that’s a cliché. But the weird thing about clichés… they all contain a grain of truth. And that’s certainly true in this case. There REALLY IS always a bull market somewhere… in every kind of economy. Let’s take for instance the horrible bear market of 2000-2002 – one of the drearier times in stock [...]

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The Federal Government’s Amazing Ponzi Scheme

Most of you probably have heard the unfortunate story of Bernie Madoff. He’s the former Nasdaq Stock Market chairman and founder of Bernard L. Madoff Investment Securities LLC, who was recently arrested and charged with securities fraud in what federal prosecutors called a “Ponzi scheme” of enormous proportions… involving losses of more than $50 billion. [...]

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Why You Get So Frustrated with Trading

There has never been a time in history when information was so commoditized. Some amazing technique that didn’t even exist a few years ago can now be bought at your local bookstore for $18.95. Then it’s posted on somebody’s blog for free. Suddenly, because there’s no price tag, you can’t even tell whether it has [...]

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Your Biggest Trading Mistake Ever?

Big A with ETF Trend Trading Everyone has an opinion on the markets these days. It’s the end of the bull for financials just the start of the bull for commodities (or vice-versa). Short bonds because inflation is about to come roaring back. Short the dollar because the Chinese will soon dump their dollars and [...]

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