Every now and then, we hear some juicy news about a certain company making huge profits or about to liquidate, that is filing for bankruptcy. These juicy information can be found anywhere on line, from forums, chatting channels to the occasional spam emails we receive …etc While in the reality world, such news are also available in wet markets where housewives flock to, to casual gossips between people at food centers and even a simple conversation between you and the cab driver. The question is, how accurate are these hot tips? Are they reliable? Should i invest now in case i miss out on making huge potential returns to my portfolio? Well, there is no definite right or wrong answer to them. Why? Read the rest of this entry »

The life changing book that has been a personal finance best seller for over a decade written by author Robert T.Kiyosaki. This little book has changed the lives of many people and their perspective on money, who are in misery, not knowing how to make ends meet due to lack of financial education. Read the rest of this entry »

This is the 2nd book by Steve Nison on Japanese Candlestick Charting Techniques. This book reviews and re-introduce the basics of Japanese Candlestick Charting from his 1st book, Japanese Candlestick Charting Techniques. It certainly is a classic that deserves a spot in your book collection. However, adding this book can be rather pricey. Good news is, there are new juicy bits on “merging” candlesticks to form a new candlestick that reveals information on market sentiment during that period, the introduction of japanese charts such as “3 Line Break”, “Renko” and “Kagi”, how japanese candlestick are used in charting, an insight of how japanese traders and investors use western indicators such as moving averages to assist them in making decisions during their trades. Read the rest of this entry »

Most of us who spends the extra time to read and continue to improve our knowledge on trading and investing, are likely to have adopted a trading system. It can be through books, seminars or courses. However, given the potential risks involved even with all the tools and knowledge we are armed with for our trading battles, we still have a high chance of making a loss in our trades. This is due to the fact of human errors and mistakes, involving human Emotions in our trading, inexperience when we first started out trading, failure to do our due diligence daily…etc All of these play a part in the trade turning sour, hence the huge potential loss in capital.

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Many people struggles with the ideas of buying and selling options, although it is not a really difficult subjects to understand, it does requires more efforts to understand the subject thoroughly. It is therefore my objective that you can understand this wonderful financial instruments well and use it to your benefits.

The basic of trading in options, you must understand that when you buy an option, you have the rights to something from someone but when you sell an options you now no longer have the rights but now you are under obligation to deliver something to someone. Read the rest of this entry »

There are a few very essential ideas that you must understand before you consider investing in the stock market. If you do not understand these ideas or do not know of their existence, then you are already at a disadvantage. The following list is what you must always keep in mind when trading/ investing/ whatever you call it.

1. The stock market is controlled by two emotions: Greed and Fear (If it feels like you have heard this before, it’s because it is true and not because people keep copying what others say.) Greed can cause you to wipe away any chance at profit or simply reduce the possible profits you had at one point. The same can be said with fear. It will cause you to sell for a loss, sell too early, and stay on the sidelines for too long. I’ve fallen victim to both of these multiple times. I hope I have learned my lesson by now, but hope is not something you should use when investing. Read the rest of this entry »