The Online Investing AI Blog

So, you want to invest in gold?

Here’s what you need to do. First, you need to strike a claim. Actually, before that you should probably buy a mule and change your name to a more authentic-sounding “Jasper” or “Festus.”

Then you take a pick and begin cutting away…

No. No. No.

Investing in gold does not require you to prospect or dig a mine.

Here are four ways you can get your gold bug on without getting dirty. Or changing your name to Festus.
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Investing, Money, Online Investing AI, US Economy etf, financial, gold, gold coin, gold investing, golden, invest, mutual funds, trading

aarmono @ Flickr

What if all this economic fear and loathing is a bunch of crap?

It’s really only one scenario that we covered here. What if the economy turns around and recovers like it has consistently done over the past 20,000 or so years of human history?

After all, in the vast context of economic history, this profoundly steep recession or depression, is nothing more than a blip on the chart. In the financial Olympics, it’s a 50-yard dash.

It’s at these moments of clarity (or delusion) that we should examine our long-term financial outlook. Investing is a marathon. Not a sprint. To remain competitive in this long run and to build endurance, you need a training regimen. Here are some tips on how you can be a marathon millionaire.

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Internet, Investing, Money, Online Investing AI, Success Investing, marathon, millionaire, Money, riches, trading, wealth

pic by Hljod.Huskona @ Flickr

What is neuro-linguistic programming?

Neuro-linguistic Programming, or NLP as it’s more commonly known, is a psychological approach to improve mental performance. Practitioners say that an increase in physical and spiritual performance follows after you begin NLP training.

Basically–and probably a little too superficially put–NLP examines your self-talk and then offers ways to re-program this inner talk that is more aligned with achievement.

The question is: can NLP be used to improve your trading and investing performance?

According to Charles Faulkner of New Market Wizards, NLP can help traders and investors.

When we change those programs, just as when we change or upgrade software, we immediately get positive changes in our performance. We get immediate improvements in how we think, feel, act and live.

Turtle Trader explains that NLP fits in with the overall philosophy that trading skills are teachable.

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Great Books, Internet, Investing, Money, Online Investing AI brain, mind, neuro-linguistic programming, nlp, psychology, trading, trading psychology, trend trading, turtle trading

Finding a path is easier than making your own sometimes.

You can lose direction. You can run into unforeseen obstacles. You can lose interest. Or, you can just get tired.

Investors and traders are lucky because there have been trailblazers in the investment world for more than a hundred years. Some of them are less well known than others. Their success has also been well-documented.

Some of the stories are actually reverse-lessons. You should do the opposite of what these legends of stock market success did. Especially after they earned their money.

Here are a few famous investors listed at My SMP–and how they arrived at their fortunes.

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Accelerating Technology, Investing, Money, Online Investing AI, Success great investors, investors, Money, risk, traders, trading, wealth, wealth management

Whether it’s under the guise of high frequency trading or algorithmic trading or quant trading, advanced technology is becoming more accepted and implemented.

This technology includes artificial intelligence and machine learning.

There’s a good chance it’s trading at least a portion of your money right now.

Is this a good thing? Yes.

Is this a bad thing? Yes.

Could it be bad and good all at the same time? You bet.

The most important thing is be prepared for this revolution in finance. Here are a few ways to be prepared for artificial intelligence in finance.

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Accelerating Technology, Automated Trading, Investing, Money, Online Investing AI AI, artificial intelligence, Automated Trading, robo trading, robot trading, strategies, trading

After reading dozens of books about human trading and Automated Trading, I feel like one of the biggest shortcomings of trading books is that the strategies are not very well tested. Although each author seems to swear by their systems and indicators, they rarely present any real evidence that their systems work. They do present charts that are handpicked to show when their system worked, but they conveniently ignore any evidence when they don’t work. And, they rarely show a track record of trades so we have an idea of how often it might work in actual trading.

I agree with the authors of Empire of Debt, when they say that trading the markets is not a science, and not even an art. I wonder if it might just be voodoo, where nobody bothers to really find out how successful trading systems are. But that is a topic for another post.

Why am I starting this post about the problems with books about trading? Because The Little Book That Beats the Market is a pretty good exception. Not only does it avoid many of the tricks used by most trading books, the author even explains 7 common faults with trading systems, and how his system has avoided these faults. I found this a singular and refreshing explanation of the rigor of  the methodology used in trading books.

How does he do it?

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Automated Trading, Great Books, Internet, Investing, Money, Success, US Economy Investing, magic formula, markets, Money, stocks, Success, trading

pic by artemuestra @ Flickr

Super-secret dark money pools and High Frequency Trading firms or HFTs had no sooner gotten a bad rap when another form of trading is about to steal it’s crown.

Thanks to an almost villainous take on the Singularity, a new group of computer-driven, quant-guided traders are now getting their hands on market data before other investors have a chance to see it (subscription required).

What’s the big deal?

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Accelerating Technology, Internet, Investing, Money, Online Investing AI, US Economy computer, computing, hft, high frequency trading, singularity, trader, trading, wealth, wealth technology

When I write, I often think that the world of finance is divided into two camps. (Maybe three.)

There are investors and traders. (I also think the latter category can be divided into another camp of “speculators.”)

Are these actually different and distinct groups?

I’ll list some of the key differences between investors and traders. But then I’d like to see if, just like Donnie and Marie were a little bit country and a little bit rock and roll, that we might be a little bit of each group.

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Internet, Investing, Money, Online Investing AI day trading, invest, Investing, swing trading, trade, traders, trading

pic by notsogoodphotography @ Flickr

Sit down, folks, I’m going to get all kooky on you.

We’ve talked a lot on this blog about the power of beliefs to influence your trading reality. Greed is a belief and it can certainly affect your trading discipline. Then there’s fear–part of what we called the Lizard Brain.

But could it be a lot deeper than that? Could those beliefs interface with reality itself and actually influence the outcome of your trades?

Whoa!

Hey, if it was just coming from me, I would agree with most of you out there who are thinking that I lost my mind. (And that’s always a fair debate.) But there are a lot of other folks who would back up this idea, including a few noted quantum physicists, who have dealt with the inescapable conclusion of the well-documented observer effect.

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Investing, Money, Online Investing AI, Success Money, physicist, physics, reality, rich, trading, wealth

pic by visualpanic @ Flickr

Everyone has rituals.

Wake up. Brush teeth. Take a shower. Read a blog.

Rituals help us frame our day and frame our mind for more uncertain tasks.

What about trading, or investing rituals?

Some traders admit that they have very specific trading rituals. They may check the Dow futures for instance. For others, it’s a half hour watching CNBC or Fox Business. Others read financial sites and newspapers, or check out overseas markets. Investors may read a prospectus from cover to boring cover.

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Online Investing AI habits, invest, rituals, trade, trading