With this book as your guide, you'll quickly become familiar with a variety of strategies that can be used to make money in today's financial markets.
Author: Kathy Lien
Publisher: John Wiley & Sons
Category: Business & Economics
Trading is a battle between you and the market. And while you might not be a financial professional, that doesn't mean you can't win this battle. Through interviews with twelve ordinary individuals who have worked hard to transform themselves into extraordinary traders, Millionaire Traders reveals how you can beat Wall Street at its own game. Filled with in-depth insights and practical advice, this book introduces you to a dozen successful traders-some who focus on equities, others who deal in futures or foreign exchange-and examines the paths they've taken to capture considerable profits. With this book as your guide, you'll quickly become familiar with a variety of strategies that can be used to make money in today's financial markets. Those that will help you achieve this goal include: Tyrone Ball: trades Nasdaq stocks almost exclusively, and his ability to change with the times has enabled him to prosper during some of the most treacherous market environments in recent history. AShkan Bolour: one of the earliest entrants into the retail forex market, he trades in the direction of the major trend, rather than trying to find reversals. Frank Law: a technician at heart, identifies a trading zone, commits to it, and scales down as long as the zone holds. Paul Willette: has mastered a method that allows him to harvest some profits right away, while ensuring that he can still benefit from an occasional extension run in his favor. Order your copy today and beat the Street.
Trading journals help traders track their trades and thoughts throughout the day.
Author: forex trader
Trading journals help traders track their trades and thoughts throughout the day. It's a great tool because a thorough journal includes details beyond what you can see on your brokerage statement. It includes what market conditions were like and if you were distracted or made mistakes. It's also where you can record strategy ideas which may arise as you trade throughout the day
Remember that you are playing against tens of thousands of professionals. Why
should you be any better? If it were that easy, there would be alot more millionaire traders. 846. Whether you win or lose, YOU ARE RESPONSIBLE for
your own ...
Author: Anirudh Sethi
Publisher: Notion Press
Trading in stocks is often seen as a sure-fire way to make a quick buck (or two). However, what most people don't realise is that there is an art, a science and a discipline to this. Simply playing the markets will not help - you need to understand your own strengths and weaknesses, as well as some dos and don'ts. This book lays out some essential guidelines in simple bite-size points - a good starting point for anyone who is new to this field, and a reminder for old hands.
But the fact of the matter is that nobody is born a good trader. Successful traders are made, not born. In this book Daniel D. Dwase will show you how to become an intelligent and successful trader. You will discover.
Are intelligent and successful traders born or made? Let me share with you a popular trading statistic that's thrown around a lot in the retail Forex world: 95% of traders fail. With such a high exit rate, you'd think that being a good, intelligent and successful trader is genetic.But the fact of the matter is that nobody is born a good trader. Successful traders are made, not born.In this book Daniel D. Dwase will show you how to become an intelligent and successful trader. You will discover...* How to become a millionaire by making £1 a day.* Two VERY different approaches to wealth creation.* How to raise your trading IQ quickly and easily.* What the most successful traders know about the power of compounding.* How anyone can become rich and financially free on a small trading account.* How to stay focused as a Forex trader.* The simple blueprint to Forex trading success.* Powerful Hedge Fund Forex trading strategy.* Ways to stay focused as a Forex trader. This book presents you with wealth-building wisdom to achieve financial freedom and create wealth through Foreign Exchange trading. It reveals how to use the Forex market to your advantage and the secret to building a lasting Forex passive income.This is a must read book if you want to become an intelligent and a very successful Forex trader.
R.T. is a multi-millionaire trader from the Lincoln Park area of Chicago. Actually,
he has four residences. But Chicago is home. R.T trades commodity futures and
currencies online. He's never traded from the physical trading floor of any ...
However, more specifically, the fundamentals outlined inthisbook account for
correlations between various exchanges, sothat the trader is able toachieve his
or her desired trading targets.So far, globalisation has created millionaire traders
Author: Jacques Magliolo
Publisher: Penguin UK
Category: Business & Economics
In this comprehensive, practical and easy to use guide, Jacques Magliolo outlines the basic steps for anyone wanting to trade online. These six steps allow you to get trading immediately by showing you how market conditions and technical indicators can be used together to make informed trading decisions. Instead of promising easy money through the use of a few technical signals, Master Trader aims to develop a sustainable strategy that takes account of overall market conditions and by doing so improves your chances of trading profitably long-term. Master Trader is the result of the many mentorship workshops Jacques Magliolo has presented since the launch of online trading in South Africa in 2003. The most frequently asked question at these workshops is always 'How do I start trading right now?' Not only does his unique approach offer you instant access to the online markets, but it also provides tried and tested trading strategies that are easy to understand and implement.
There's a term that Armchair Millionaires use when describing information
overload: “noise. ... There are hyperactive traders, including day traders, who are
equipped to profit from all the bouncing around the stock market may do in the
Author: Douglas Gerlach
Publisher: Simon and Schuster
Category: Business & Economics
Invest my money? Forget it. Who knows which way the stock market is headed? And I just plain don't know how to do it. I'll stick my paycheck in the bank, keep my credit card debt as low as I can, and worry about my financial future when I have some extra money. Besides, there's always Social Security, right? WRONG, according to the authors of The Armchair Millionaire (and the geniuses behind the Armchair Millionaire Web site), whose philosophy is simple: if your money isn't working for you, then you'll be working a lot longer than you want to. In plain English, Lewis Schiff and Douglas Gerlach, along with real-life cyber-Armchair Millionaires, show you how to save without budgeting the fun out of life, and invest wisely without losing sleep over your portfolio. "Five Steps to Financial Freedom" will make it easy for you to build an investment portfolio and help you to: PAY LOWER TAXES: Why and how to give to your IRA or 401(k) until it hurts. PAY YOURSELF FIRST: The secret to building a nest egg is to treat your savings like you treat any bill -- put your financial future at the top of the list of regular monthly payments. GET THE MOST FOR YOUR MONEY: "Dollar-cost averaging" has been the most successful investment timing method ever used by the pros. Find out how to make it work for you. BUILD YOUR PLAN: Forecast when you'll reach your million-dollar goal with a personalized financial action plan. DISCOVER THE TRUTH BEHIND WHY YOU MUST START INVESTING FOR YOUR FUTURE TODAY: Find out why compounded interest is often called the key to successful wealth-building. Packed with practical advice, personalized tools such as user-friendly worksheets, and actual stories of ordinary people who have built extraordinary portfolios using these methods, The Armchair Millionaire will show you how to get on the road to financial independence at last.
The high yields of some of these currencies only make the trades more appealing
as traders enjoy the income stream while ... He is the co - author of Millionaire Traders : How Everyday People Are Beating Wall Street at Its Own Game ( Wiley
Author: Laura Sether
Publisher: Traders Press
Category: Business & Economics
Trading forex is completely different from trading other markets. With low entry costs, 24-hour accessibility, global players and high degrees of leverage, there are enormous opportunities but also very real potential hazards along the way if you don t know what you re doing. Leverage can work both ways you control large positions, but small moves in your favor can mean big returns on your investment. For these reasons, forex trading deserves its own volume, devoted entirely to SFO (Stocks, Futures, Options) Magazine articles explaining the ins and outs of currency trading. Forex traders don t need to follow hundreds of stocks or commodities to get a flavor for the market just the movements of eight major currencies: the U.S. dollar, Japanese yen, European Union euro, British pound, Canadian dollar, Australian dollar, New Zealand dollar and Swiss franc. Trading a country¿s currency is like trading the outlook for the country, so it helps to have a bit of fundamental knowledge. But it s also a highly technical form of trading. This book helps you assess how to best synthesize your forex strategies to make the most of market movements. Learn from the top forex trading experts in the world. The key to trading currencies is figuring out what central banks will do before they actually make their moves.
Release on 2012-01-20 | by Commodity Futures Trading Commission (U.S.)
Kathy Lien & Boris Schlossberg, Millionaire Traders: How Everyday People are
Beating Wall Street at Its Own Game 77 (2007). The 2010 edition of Millionaire Traders does not include the Chuck Hays chapter. Id. pp. 23-25. Id. pp ...
Fortunately, more than ever before, con artists are being apprehended and prosecuted. Federal, state and local law enforcement officials have reported enormous increases in tips and criminal activity since the economic calamity began in 2008. Cash redemptions are dangerous for Ponzi schemes, because when the money runs out, folks start talking. For example, at any one time, enforcement staff at the U.S. Commodity Futures Trading Commission (CFTC) are investigating anywhere between 750 and 1,000 individuals or entities for various violations of the law. Increases in tips and fraud cases have also occurred at the U.S. Securities and Exchange Commission (SEC), at the Federal Bureau of Investigation (FBI), in the states, and various localities around the world. The stories in this book are actual CFTC cases stemming from investigations that began with the economic downturn. These are real cases, real fraudsters, with unfortunately . . . very real victims. While, the fundamental nature of the writing in such files is, as you would imagine, very bureaucratic: this script is anything but bureaucratic. Commissioner Chilton has worked in public service for over a quarter of a century and has found that one of the most important things that can be done is to make government less puzzling and perplexing, less mysterious, and yes, less bureaucratic. While Commissioner Chilton can’t say there has been any monumental change in how folks see their government, over the years, Commissioner Chilton continues to try and do his part by communicating in a way that lets folks “in” on what is going on. This writing is an effort to continue that work. Commissioner Chilton hopes it will be a satisfying read, but more importantly, maybe some folks will avoid the tremendous tragedy that so many of our fellow citizens have endured.