Last month I had the pleasure of meeting Corey Rosenbloom from Afraidtotrade.com and his presentation on "Idealized Trade Set-ups for the Intraday Trader" was the best I saw...period! They are re-broadcasting the seminar TODAY at 12PM EASTERN so don't miss Corey's presentation.
Category: General
Trader's Blog Contest For July
“Who runs the federal reserve: the banks or the government?”
Just leave a comment stating if you think the banks or the government run the federal reserve. Don't do any research, just shoot from the hip on this one.
Prize
Winner will receive 1 FREE months of INO TV and a prize pack of 6 DVD's from the INO TV collection. Customize your set and pick 6 from a collection of over 600 seminars.
INO TV & DVDs (+$130.00 Value)
How To Enter:
Comment on this post telling us who you think runs/controls the federal reserve. Add a little bit of commentary or opinion if you would like to... just keep it clean and remember that there is only one entry per person.
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Rules
1. This contest is open until 11:59 PM (PST) on July 31st, 2009.
2. No wrong answers, any participation counts as an entry.
3. One entry per email address.
4. Winner will be picked by random integer software.
5. Winner will be contacted on Monday August 3rd, 2009 via email.
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Good luck!
June Trader's Blog Contest Winner is...
The winner of the June contest, where we asked “Gold - Up 11% in May... where is the top for this market for 2009,” is random comment number 62. We had 284 responses, but only 258 eligible comments.
Congrats… Allan S., New Market, Ontario
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After crunching everyone's guesses:
Mean - $1,262.46
Mode - $1,200.00
Median - $1,203.5
Buying Physical Gold as a Money Management Strategy
With all the attention on gold recently I wanted to bring in Justin Tazi from TradeGoldOnline.com to give us something to think about regarding making gold a valid money management strategy...what are YOUR thoughts? Let Justin and the rest of the world know your thoughts by leaving a comment!
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With the proliferation of online trading over the last decade, and the fears of being robbed by “evil” investment managers such as the likes of Bernard Madoff it is no wonder why so many individuals are attracted to the concept of managing their own investments. It is interesting to note that Madoff will reach the ripe old age of 221 years old when he finishes doing his time for stealing billions of dollars out of hundreds of people. When it comes to trading the markets however, it is crucial to recognize that as a trader you are faced with the same types of risks as those defrauded by Madoff, risks that can leave you betrayed by your own lack of self discipline. An effective money management strategy is the difference between your success or failure as a trader. Then why is it that so many of us spend countless hours studying charts, listening to expert commentary, and are glued to the latest news feeds without the careful respect and study of effective money management strategies.
Continue reading "Buying Physical Gold as a Money Management Strategy"
Madoff will be trading again...
his fruit cup for a pack a smokes, because it looks like Mr. Madoff is headed to the big house. We talked about Madoff quite a bit when the news broke. I would say that the majority 
of Trader's Blog visitors screamed that Madoff should be locked up, but that the investors he worked with should have never expected such outlandish returns.
CNN just broke this story...
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Madoff sentenced to 150 years - Federal judge gives maximum sentence to Ponzi mastermind following his apology and victims' request for life sentence.
NEW YORK (CNNMoney.com) -- A federal judge sentenced Bernard Madoff, the convicted mastermind of the largest and most sweeping Ponzi scheme ever, to the maximum sentence of 150 years in federal court Monday.
Judge Denny Chin of U.S. District Court in New York announced the sentence just moments after Madoff apologized to his victims. Continue reading "Madoff will be trading again..."
