The original Art of War is a compilation of lessons written and taught by Sun Tzu, a sixth century B.C. Chinese General/ Philosopher. Its wisdom is timeless and has grown in popularity. It is, in fact, required reading at every military academy in the world and can be found in most corporate boardrooms.
In this adaptation of the master's classic, super trader Dean Lundell applies Sun Tzu's lessons to the art of investing - from designing a personal trading plan, to timing market moves, to gleaning data from a global information network. Each exquisitely designed spread opens with a passage from Sun Tzu and is then interpreted and explained for its strategic relevance to trading in stocks, bonds, futures and commodities. Guided by Sun Tzu's ancient wisdom, novice and professional traders can use these classic military strategies to conquer the market!
I recently overheard a conversation of two gentlemen discussing a home remodeling project. The younger of the two was explaining how he was preparing to paint a few rooms in his home. His wife was picking out colors and he was soon going to purchase the paint and begin his project. The older of the two men listened intently and besides jokingly saying 'have fun with that project,' gave only one piece of advice, 'buy the more expensive paint.'
This comment seemed to catch the younger man off guard and he responded to the advice with, 'but the more expensive paint is nearly double what the lower priced paint is, is it really worth the extra money?' That question was answered with a simple, 'just trust me, it is in the long run.'
If you have ever painted a room you know exactly what both men in this situation are thinking. The younger guy is confused because it's just paint, I am just trying to add some color to my walls and do I really need to spend the extra money. While the older, wiser, guy is trying to save the other from a headache, time and money due to possibly having to repaint the room again down the road.
Let's face it, there are hundreds of technical indicators out there doing all kinds of mischief in the market. Some of them are good and some of them may be hyped a little too much.
For the moment I am excluding the Trade Triangle technology which I personally believe is one of the best methods to trade the markets.
I often hear that the markets are not the same and that they have changed, and I have to agree to a certain extent they have changed. However, the fundamental purpose of the market is to set the price, good or bad, for a market, a commodity or anything else that is freely traded and that principle has not changed. Continue reading "How This One Indicator Could Make You Rich"→
Hello traders everywhere, today's educational trading video is a special one!
How would you like to have a fast, easy way to find top trending stocks, ETFs, futures and currency markets everyday?
I'm going to share this little secret with you in this short, four minute video.
I titled the video, "Three Easy Ways to Put the Trading Odds on Your Side" and after you have watched the video you will see why I came up with the title. I bet you'll also be shocked at this approach and its simplicity.
Enjoy the video, and every success in your own trading.
In today's "Trade School" video, we're going to be dissecting Apple (NASDAQ:AAPL) who is scheduled to announce their earning after the close today (4/23/13). I will be analyzing this once favorite stock of investors on a technical basis using our market-proven Trade Triangle technology.
I will be sharing with you how you could have systematically made money in Apple without knowing anything about the fundamentals and the patent wars between Apple and Samsung.
You will learn how a certain combination of our Trade Triangles has produced some shocking results.
We will go through each trade on Apple (NASDAQ:AAPL) and share with you the results of using our Trade Triangle approach from the beginning of the year. In this brief step by step 4 minute educational video on Apple (NASDAQ:AAPL), I will show you how to replicate every single trade in your own account.
Thanking you in advance for watching this video on Apple before they announce their earnings.