You Should Have 5 Elements To Be Successful

Trading is a very complex undertaking and if you miss one element you will likely eventually fail  in this endeavor. Here are the five different elements we must have working for us for success in trading: The Knowledge If we don’t do the homework to know what we need to know we will fail due to ignorance. Understanding historical price action, reading books by and about the best traders, seminars, mentor-ships, and  systems...

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10 Most Interesting Facts About Stock Market

It is easy to get caught up in the daily stock market activity and lose sight of the interesting facts in the market's history. For instance, while the New York Stock Exchange is the largest U.S. Stock exchange, it is not the oldest. The Philadelphia Stock Exchange was created in 1790 and preceded the NYSE. The NYSE, however, is the most traditional as traders cannot enter the floor of the exchange if they are not wearing a suit and tie.In present...

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How To Get Income Without Growth

Never underestimate the ingenuity of corporate America or the optimism of its citizens. While the media obsess over multiple economic crisis scenarios and reinforce the message that the economy promises little growth, corporations just keep on grinding out higher earnings. Much is made of Federal Reserve Bank intervention and its various programs to pump up economic growth, but our central bank’s efforts are merely pump-priming at best....

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