Friday, January 23, 2009

Day Trading - What's it Really All About? Choices That Lead to Stellar Success and Unlimited Wealth

There's an old Buddhist saying, As within, So without.

You may think its all about the charts, the fundamentals, your system and the unprecedented world economy, but haven't there been times when you sensed there was something more to it?

Me too. Being tuned in to all that is what separates the super traders from the guys who are second mortgaging their home hoping to make a come back.

Aside from the obvious, not putting too great a percentage of your overall nugget in any one trade, how does one keep the emotional element out of decision-making? Is this emotional element the same thing as your gut feeling? It's easy to confuse the two and it's well worth learning to discern the difference.

Keeping notes is critical, but not just about the numbers. Taking time to notice your own patterns is invaluable in the long run if there is to be a long run.

Over-confidence can be just as deadly as under-confidence. And playing when you really don't have the juice to, but feel like you need to can also have its consequences,

There really aren't a lot of women out there trading, not relatively, so for a long time I thought it was only because I had focused on my inner work for so long that I was naturally using my trades as way of flushing out my deeper issues---resistance to having more than enough or the compulsion to keep trading when I had already done well enough for the time being.

But then I attended one of those weekend workshops with the best of the best. And on the very first day my trading coach said, the market is mirror---a stark mirror.

That, to me, was worth the price of admission!

At http://www.stressfreepersonalfinance.com we specialize in inspiring tools to set you financially free. Plus there's free articles and audio to continually inspire you on your path towards financial freedom, radiant health and healthy, fulfilling relationships, because when you have enough money you can easily have all that!

While you're there be sure to download the FREE special report, "The 7 Affirmations That Took Me From $10,000/Year to $10,000/Month and the Powerful Techniques I Used to Synchronize Them with My Body & Mind" when you sign up for our free inspirational newsletter, Pathway2Abundance @ http://www.Pathway2Abundance.com

A view of the Belgian headquarters of U.S. pharmaceutical giant Pfizer, in Brussels January 23, 2007. (Francois Lenoir/Reuters)Reuters - Pfizer Inc , the world's largest drugmaker, is in talks to buy Wyeth in a deal possibly valued at more than $60 billion, sources familiar with the situation said on Friday.

Day Forex Trading
The Forex Currency
The Forex Margin

Friday, January 16, 2009

Daytrading Courses

Daytrading courses don't need to be taken in a traditional brick-and-mortar classroom setting with a professor and students. You can enroll in an independent home-study course. Or you can even take courses online via the Internet at your own pace. The important thing is that you get yourself properly educated in daytrading before you venture out and start risking your capital.

Daytrading is fraught with inherent risk due to the volatile nature of the game. You literally have to buy and sell multiple stocks within as short of a time span as possible in order to realize instant, short-term profits. Professional daytraders who do this for a full time living have a limited amount of seed capital that must be put in and pulled out quickly, whether a stock performs well or whether it tanks. The objective of the game is typically to pay the bills. Your grocery, your mortgage, and your car payments are all riding on your daytrading savvy.

Of course the same risk exists even if you are not dependent on daytrading as your sole source of income. But the point of the matter is that daytrading courses are a vital prerequisite for anyone who is serious about making quick profits by investing in the market.

It would be very unwise to shortchange yourself by believing that you can do fine on your own and that you would "learn on the fly" without a proper education. Even seasoned investors are not above the need for some financial education. After all, even as you become more experienced, you still want to learn new strategies and tips for investing, realizing a greater return on investment, and learning how you can improve your profit margins.

Of course the most common excuse that people have is that they are unwilling to spend the money on daytrading courses. Yet we are willing to spend tens of thousands if not over one hundred thousand dollars on a college education, only to wind up in a dead-end career, which will inevitably lead you to want to learn how to become a daytrader anyway! So might as well take the shortcut and get your education in daytrading now! The education will pay for itself many times over, due to the limitless income potential. How many careers other than daytrading could you argue, that offer you a limitless income potential in exchange for your taking a few training courses?

Do you have what it takes to become a professional day trader

In this Dec. 18, 2008 file photo, Mary Schapiro listens as President-elect Barack Obama introduces her as his designate for Securities and Exchange Commission chairwoman during a news conference in Chicago. President-elect Barack Obama's choice to head the Securities and Exchange Commission goes before Congress on Thursday Jan. 15, 2009 at a time when the embattled agency is being called on to help restore investor confidence shredded by the worst financial crisis in over 70 years. (AP Photo/Gerald Herbert, File)AP - President elect-Barack Obama's choice to head the Securities and Exchange Commission promised Thursday to revitalize the embattled agency's enforcement efforts and bring other changes to bolster investor protection.

Soybean Futures Trades Down
National City Shares Hit Record Low During Trading The Plain
Workshop Share Online Finds With Friends And Family Computer