Tag Archives: information

A Great Trading Resource: Stockbee

Yesterday I discovered a really outstanding stock trading site: Stockbee. I was searching for ways of finding stocks that have smooth trends. The idea was that if a stock has small retracements during a trend, then it is easy to determine when the trend has changed. And, it allows us to set a tight stop loss.

I was hoping to find some useful information on the topic, and I found it. (Here’s the post). What I also found was an outstanding resource for traders. One of the best things about the site is apparent from the post about smooth trends: it contains clear, actionable information. The author, Pradeep, even provides the Telechart code to find the smooth trending stocks!

How can I use this information?

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Is the Dollar Dead?

After reading this article on Bloomberg about the end of the dollar, I thought about some important points that the author brings up. First, the dollar is declining as gold rises. This is a trend that has been going on for years, but most people are totally unaware of it.

I think it is interesting to note that even though the information is available to everyone for free, most people choose to ignore it. When we get our information from the “news”, we don’t learn about what is really important. This includes ideas like the dollar will soon become nearly worthless and the fact that the savings of a whole country is disappearing.

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Is Now a Good Time to Buy Gold?

As gold continues to soar, more and more people want to get into the market. However, they feel that gold has gone up so much that it is overpriced. How do we know if gold is too expensive and going to get cheaper, or if it is going to continue to go up?

Will Gold Continue to go Up?

You have probably guessed, but the answer is nobody knows. However, we can still make an educated guess. And, using other principles of successful traders, we can even make money in the process.

How can we make an educated guess?

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More Information about Everything – Including the Weather

The internet is the great equalizer, bringing more information to everyone for less money. In fact, usually it’s free. During today’s record setting heat in Los Angeles, I checked my favorite weather site to see what is happening.

I remember back in the olden days when you would find out the temperature by reading the paper or watching the news. Now, you can have very precise information in realtime. My favorite site is Wundergound.

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Gold Blog Roundup

Here’s some of the best blog posts I’ve read about gold this week.

Mint.com’s blog has an interesting post about the gold ownership in each country in the world. The U.S. owns the most. More, in fact, than the second and third countries put together.

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How Your Beliefs Make Money

shioshvili @ Flickr

This isn’t New Agey hocus-pocus, necessarily.

This is reality.

The things you think about. The things you believe. The things you read and watch. The things that make you confident and the things that make you fearful are the very foundation of wealth generation–on a lot of levels.

The pricing of stocks and other assets reflect beliefs about their value. These beliefs aren’t just the thoughts and opinions of analysts and big-time market movers, they reflect your ideas, too. Now, your personal belief may just represent a fraction of that price, but when merged with the collective sense, you have mass market psychology.

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Wealth Hackers: How Flow and Info Master Money

pic from frumbert @ Flickr Creative Commons

Just remember, when you control the mail, you control… information.
–Newman

And, dear Newman, when you control information, you control money.

Money used to be hard, solid objects. Arrowheads. Tools. Gold. Coins. They were all used at one time as money.

But these objects still represented an idea. That idea could be protection. It could be progress and ease. It could represent power and the ability to control scarce resources.

Eventually, though, money and wealth became more conceptualized. Look at where we’re at now. For good–and some would argue for ill–money is now just information.

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6 Ways to Become a Wealth Creator

Carol Gonzolez @ Flickr

Carol Gonzolez @ Flickr

The future demands more of us than our institutions have prepared us for.

Our learning institutions are designed to make us productive members of society. Heavy emphasis on “productive.” In fact, schools are built around the idea that we will be wage earners.

Teaching rote memory and learning to color within the lines and think inside the box are more valued in a factory setting where the guy or gal on top is the Queen bee wealth creator; everyone else is just a worker bee.

But, now, the hive has changed. You have more computing and communication power in your iPhone than US Steel did in its entire corporate structure. There’s no reason you should stay a wage-earning drone when you can become a wealth-creating owner.

Here are some new ways you can create wealth.

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Weekly Wisdom: Doing The Little Things Right

Each week, we expect big things. It’s only natural. People want to see dramatic differences in their lives. They want to make more money. Find more friends. Have more fun.

There’s nothing wrong with that. Except, if your results fail to live up to your expectations and you grow depressed and quit.

Actually, life is like football. It’s a game of inches as much as it is a game of yards. And your financial situation is a game of pennies and percentages. Saving a few cents, earning a few cents, and investing a few cents–on a continual basis–can have a profound effect on your bottom line.

Doing the little things right over time can add up. As you’ll see…

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Thank You for an Awesome July!

Last month was another record setting month for the blog. There were 48,492 visitors and 131,700 page views. It’s really rewarding to share ideas and information with all of you!

The top posts were:

  1. Why Most Financial Advice Is Useless
  2. Automated Trading and the Value Investing
  3. The End of the Business Cycle
  4. The $10 Biopsy And Fighting The Last Health Care War?
  5. Top Five Financial Mistakes Made in this Economic Downturn

This month has started off with a blast, and hopefully it will be another record month. Once again, thanks for all your readership and the wonderful comments.

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