The Online Investing AI Blog

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You start out loving this whole personal finance thing.

You read the latest Dave Ramsey book. You even took notes!

You set a budget. And you monitor it.

You are frugal. You spend on only necessary things and shop for bargains.

You invest wisely.

But then you notice some changes. You’re not making progress on your goals. Are you a victim of financial burnout?

Like anything, too much of a good thing can lead to burnout. Here are five ways you can tell you’re suffering from financial burnout:

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Investing, Money, Online Investing AI, Success burnout, financial, financial success, personal finance, pitfalls, problem, problems

As a limited time promotion, we are giving away the first two chapters of The Wealth Singularity for free. What is the Wealth Singularity?

We believe that technology accelerating at an ever increasing pace. But that is not all that is changing. New technology is used throughout the world to make money, for both individuals and corporations.

How will Artificial Intelligence revolutionize the investing game? How are blogs, Twitter and Facebook revolutionizing the Internet? How can you achieve financial freedom without wasting a lifetime in a cubicle?

These are important questions that are answered in this eBook.

Why get left behind as other people and businesses are using new technology to cash in?

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Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Great Books, Internet, Investing, Money, Online Investing AI, Success ebooks, finances, financial success, learning, Money, spending, Success, the wealth singularity

Making money through buying and selling stocks or other liquid assets is not particularly difficult. The reason that most people never make any money is that they overlook the root cause of the problem. While most people try to find a secret that is guaranteed to make them money, they ignore the single most important part of any trading system: human psychology.

To put it simply, our own psychology is our greatest enemy when it comes to trading in the markets. We make decisions based on our emotions, which are generally the worst possible decision we can make. This leads to common losing decisions during trading. When we are in making money in a position, we want to sell to lock in profit. When we are in a losing position, we want to wait until the stock comes back. This is a strategy for losing money.

So why do most people do this?

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Investing, Success consistency, financial success, Investing, Money, stocks, Success, trading, written rules

Traditionally, most people who had any money to invest relied on financial advisors to help them. Or, more accurately, they bought the financial products that their advisor was selling, and thought about investing as little as possible. The result has been a population of Americans who have no idea how to invest and believe that investing is too difficult for them to understand.

It was quite easy for the financial advisor to sell mutual funds to their clients because their clients didn’t know anything. They trusted that the advisor had their best interests in mind, and that they would have a bright financial future. Nothing could be further from the truth.

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Automated Trading, Internet, Investing, Success Automated Trading, brokers, financial success, Money, online trading, stocks

There have been some trends in the last few years that are really fascinating. One big one is the book and movie The Secret. The idea that we can create anything we want is becoming more and more popular. In addition, the concept that money and everything else we could ever want is available in infinite abundance is very appealing.

Another trend that is very prominent in blogs is the practice of frugality and living below our means. For many of the blogs I read, it seems that the most popular posts are about how to save money. Here’s a recent one that was very well read about how to make your own laundry detergent. The cost savings? If you do 1 load a week, 16 cents. That begs an important question:

Is 16 cents really going to make a difference in anyone’s life?

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Internet, Money, Success abundance, blogs, financial success, frugality, Internet, laundry detergent, making money, Money, saving money

To make money in they markets, do you have to accurately predict which way the market is going to go?

Most people would answer yes, but in fact the answer is no. You do not need to consistently predict which way it goes to make money.

How is this possible? It’s possible because the factors that lead to financial success through trading are well known and largely ignored. These factors are:

• A system with written rules
• Risk management
• Proper position sizing

Since Automated Trading is done through rules, the first requirement is met. What about risk management?

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Automated Trading, Investing, Online Investing AI Automated Trading, financial success, position sizing, risk management, trading, written rules

As I mentioned in a previous post, finding good financial advice is a big challenge. And, it’s probably just as hard to find good trading advice. Most people trade based on tips passed on from their friends or that they find on the internet. This is probably the worst kind of trading advice you can find.

But even better trading advice, such as analysis of technical indicators is only marginally useful. This is because trading advice can only be used effectively under the right conditions. It takes more skills than the ability to read technical indicators to become a successful trader.

Imagine a finely tuned Porsche. It’s all tuned up, and running well. The tires are set to the right air pressure, there is gas in the tank, and the brakes lines have been bled. It’s even washed and shining in the morning sunlight. What happens if you take someone who has never driven a car and put them behind the wheel?

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Internet, Investing, Money, Success finacial future, financial success, Investing, markets, mindset, Money, risk management, trading

Accelerating technology promises to be the key to many of our greatest dreams. These include flying cars, elimination of the use of fossil fuels, ending hunger and reducing human suffering throughout the world. Besides all that, we believe it will allow Automated Trading to become a dominant income paradigm.

Accelerating Technology

Epitomized by Moore’s law, accelerating technology is the idea that computers are getting more and more powerful and cheaper at the same time. In fact, the rate at which they are improving is increasing. The technical term for this observation is double exponential. The simple explanation is that every year you can buy more computer power for less money, and this phenomenon will accelerate.

How will accelerating technology change the world?

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Accelerating Technology, Automated Trading, Dreams Come True, Investing, Online Investing AI Accelerating Technology, Automated Trading, computers, CPU, financial success, Investing, Money, RAM

It could be argued that the Artificial Intelligence advances of the last 10 years are the most powerful force to make Automated Trading real. And that’s probably true. But there is one more trend that has supported Automated Trading in a big way: the Internet.

Why is the internet integral to Automated Trading? Because it allows everyone to benefit from it. Currently Automated Trading systems are being used by hedge fund managers. These systems can produce outstanding returns, but the problem is that most hedge funds are restricted to accredited investors. That means that the average American making $40,000 a year cannot invest in them.

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Accelerating Technology, Automated Trading, Internet, Investing, Money Automated Trading, financial success, Internet, Investing, Money

In the past few days, we discussed how visualization–the practice of mentally rehearsing your goals and objectives–can help you achieve success.

Visualization can help you generate income. It can help you with your trading and investing skills. It can even help you save money.

There’s actually nothing that mental rehearsal can’t help you achieve.

Experts on visualization say there are a few things to consider to make visualization more effective.

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Dreams Come True, Investing, Money, Success achievement, Add new tag, financial success, goals, mental rehearsal, Money, reality, Success, tips, visualization, wealth