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The Pros and Cons of Trading Forex

zombie-apocalypse

I was fortunate enough to have a reader email me on one of my previous posts. He shared with me a list that he created when he first got into Forex trading that outlines the pros and cons of trading. I thought it was a great list and he agreed to let me share it with you, so check it out and compare it with your own list. He even managed to work in a zombie apocalypse as a reason to trade Forex. Believe me, it’s a valid point. [...]

7 Reasons to Trade Four Hour Charts

EURUSD-4H-chart

In my travels to Poland and Estonia, there is one thing that was abundantly clear.  To get the full experience at a location, I could not be sitting in front of a screen trading for 6 hours a day.

This got me thinking about how it would be great to also have some 4 [...]

How to Save Money When Buying Gas (o-line)

cl

I’ve had this conversation with my parents many times, but to no avail.  They have a Toyota Corolla and a Honda Civic.  However, they insist on putting the premium gas into their cars when the manual states that they should use regular.

If you know someone who insists on doing this, here are a [...]

Hey Buddy, It May Be Easier Than You Think

I went to the DMV yesterday to renew my driver’s license.  I have had a driver’s license in Hawaii, California and Washington and DMV’s pretty much seem the same.

If you have ever had to go to the DMV in a large city, I’m sure you could agree that it is not fun.  I [...]

Oil Prices vs Local Gas Prices

gas-prices

Here we go again!

We had some great relief at the pump when crude was down in the $70′s, but now that it is above $100 a barrel again, we could start to see $5.00/gallon gas once more.

Front month crude closed at $113.08 according to the quote from INO.com.  But you knew that [...]

Buying a Motorcycle Was Some of the Best Financial Planning I Have Ever Done

yamaha-vstar-classic

Here is a post about how buying a motorcycle allowed me to cut my monthly expenses by about $314 and help put me on track to pay off all my debt. It is not something that I recommend, but it has been a great experience for me. [...]

Beware of Skewed Perceptions

skewed

As I have been backtesting and recording the results, there is one thing that has been very apparent.  The losers affect me much more than the winners.  So much more so that many times I think that I am having a really bad month when I am actually doing well.

I have been trying [...]

I’m Suffering From a Little Trading Withdrawal

Don't do it!

In a post earlier in the week, I vowed to stop trading live money until I get all of my debt paid off. It is a tough decision, but I will not trade my best until I get that gorilla off my back. But it’s not as easy as it sounds. [...]

Your Trading Blog Will Fail Unless You Do This One Thing

Will your blog crash and burn?

What does it take to create a successful trading blog? A lot of hard work, passion for trading and this one last element that is often overlooked. Read this post to find out what it is. [...]

What Pigeons Can Teach Us About Success: A Love Story

beach

I was at the beach this past weekend and I was messing around with the video camera.  There were these really brave pigeons that were walking next to us, so we started watching them.  I thought what happened  next was pretty funny (as funny as watching pigeons can get).

I thought it was such [...]