You never know how much you need the data on your computer until your hard drive crashes. Working in IT, I have seen it so many times. Can you afford to lose the information on your computer? I’m not only talking about trading documents, think about the pictures, music and other personal files that you […]
Continue Reading »5 Best Ways to Earn Extra Money
If you have blown out your trading account, you have two options. You can sit down in the corner to cry and never trade again. Or you can get back up on the horse and figure out a way to build a new trading account. This post will give you some ideas on how to do it.
Continue Reading »Excuses Begone! – Book Review
I just got through reading, err, listening to Dr. Wayne Dyer’s book Excuses Begone! Even though this isn’t a trading book per se, I believe that it is important to explore different points of view when it comes to examining my own psychology. I usually get the audio version of a book whenever possible because […]
Continue Reading »CFTC Proposing 10:1 Leverage Requirement – Here is what you can do
The CFTC is proposing a new set of regulations that will affect you as a Forex trader. Find out what they are and how you can oppose them, if you don’t agree with them. They will primarily affect your choices when it comes to trading. Read this post to find out what the restrictions are.
Continue Reading »How to Sell, Donate or Recycle Your Old Trading Books
Do you have a pile of trading books that you will never read again just taking up space in your home? This post will show you how to get rid of them in the best possible way.
Continue Reading »Why I Will Never Buy a PC Again…or a Mac
I have been using OS X, the Mac operating system, for the past few days and I love it! I will NEVER go back to Windows as my primary operating system. I learned how to use a computer on the original Apple IIe, but since then I have been adamantly against using Macs for a […]
Continue Reading »The Beauty of Sub Accounts in Forex Trading
Since the NFA changed it’s rules on FIFO and hedging Forex, we are not able to take opposite trades in the same currency pair, in the same account. I did get a couple comments on this blog about how it’s unfair and how the ‘man’ is trying to screw them, boohoo, blah, blah, blah. This […]
Continue Reading »How I Made +1,006 Pips (or 33%) On ONE Trade
I heard about this guy. His name is Kurt Hanks. He makes pips on a regular basis. Massive, crazy phat pips. Here is a brief bio quote from the Rob Booker website: A note about Kurt Hanks: He averaged 2,000 pips per week in 2009 and made 11,000+ in one week last year (these are […]
Continue Reading »NFA Enforces FIFO Rule, Bans Forex Hedging in US Forex Accounts
This post will get into the NFA’s new rule to enforce FIFO and ban hedging in US brokerage accounts. Learn more about this new rule…and how you can get around it 🙂
Continue Reading »Trade With Passion and Purpose Book Review
This is one of my favorite trading books of all time…and it doesn’t have a single trading system. Find out why I like this book so much here.
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