Monday, September 30, 2013

How Marc Rich Got Insanely Rich, Broke The Law, And Lived A Life In Exile


Controversial billionaire commodities trader Marc Rich has passed away today at the age of 78 at a hospital near his home in Switzerland.

Rich   who fled the U.S. in 1983 before being indicted for wire fraud and tax evasion — pioneered the spot oil market, amassing a fortune by evading international rules and embargoes.

Read more:

http://www.businessinsider.com/biography-marc-rich-2013-6

9 Surprising Things Legendary Trader Jesse Livermore Said About Timing


 There are those who would convince you that it is somehow smart or in your best interest to be manically switching your investments around, back and forth, long and short, on a daily basis. To pay attention to this kind of overstimulation is the height of madness, even for professional traders.


Read more: 

http://www.businessinsider.com/jesse-livermore-quotes-about-patients-2013-8

How Traders Use Fibonacci Numbers To Play The Market


A technician has many many tools. But what a lot of people fail to realize is that all of these are just a supplement to the most important thing we have, which is price.

Read more: 

http://www.businessinsider.com/how-traders-use-fibonacci-numbers-2013-9

28 Awesome Home Trading Desks From All Around The World

You might think of a trading desk as a trader's second home, but really it should be their first. It's where markets happen (and markets = life).

So the setup's got to be perfect. Traders can't miss a beat  everything they need to know needs to be a glance away.

Read more: http://www.businessinsider.com/trading-desk-photos-2013-9

Sunday, September 22, 2013

New Stock Pick: POL


Here is a stock I am looking to buy.




















Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.

2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.

I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

New Stock Pick: CLDX

 Here is a stock I am looking to buy.


















Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.

2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.

I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

New Stock Pick: RPRX


Here is a stock I am looking to buy.

















Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.

2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.

I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

New Stock Pick: MEI


Here is a stock I am looking to buy.




















Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.

2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.

I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

New Stock Pick: ACAD

Here is a stock I am looking to buy.













Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.


2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.




I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)