Archive for: May 2007

World Internet Mega Summit - the world’s biggest internet business event held in Singapore from 26-29 May 2007.

This event raised US $100,000 within less than 4 days to feed the hungry children of the world. Pictures tell a thousand words , images of these hungry children need no further elaboration.

Every nights , millions of children will go to bed hungry. In poor communities around the world, whether due to drought, conflict or disease, mothers and fathers will not be able to find enough food for their families. It’s any parent’s worst nightmare.

Every minute of every day, somewhere in the world, 21 children die of malnutrition and preventable diseases. Even when it doesn’t kill, chronic malnutrition can cause blindness, deformities and brain damage. That’s the shocking truth. But we don’t have to accept it. We can choose to stop it.

The mega event mentioned had utilized the Power of the Internet to help save lives ! Can you see the power of the people and the …

Attended World Internet Mega Summit today. Stephen Pierce ( internet guru ) spoke about something that inspired me …

He asked about why all books are not created equal , though they are formed by a combination of the same 26 letters ? Similarly , why are all paintings not created equal , though they are painted with a mix of the same 3 primary colors ? Why are some music or songs better than the rest , though they are created by the same 12 basic musical notes ?

Interestingly , in trading all price bars within the same time frame are formed by the same 4 sets of price values - open , high , low and close. Yet everyone of us read and interpret the price chart differently. Do you agree ?

In life we may all learn the same thing in the same class. But everyone of us will produce different results or outcome. It is really not about What you do , but How you do it …

I prefer …

To say that research is important to investing is like saying air is important to breathing. The strange thing is that research is often overlooked by the amateur and the professional alike. Instead they look for today’s action. What is moving ? Where is it going ?

Ideally , the investor knows ahead of time what is likely to be moving , where is it going , and why. To have a relatively small group of stocks that one follows well is both wise and often fruitful. If following the group is not fruitful , change the makeup. Find different stocks to follow.

Getting the basic information before the investment is made can do absolute wonders for saving the investor money. A sudden price increase should never be the only reason to buy a stock. An increase in either price or volume might call your attention to a particular company , but also get the background on what is happening.

In recent times one only need look at the fortunes of WorldCom or Enron to see …

Visualization is the creative ability of the human to use the imagination , see successes in our minds and make them come true. It is very applicable to trading too. If we include feelings and concentration , it becomes a great creative power that makes things happen. Used it in the proper way , visualization can bring changes into our lives. The thought is the blueprint or road-map ; the feelings provide the energy , the “power of success”.

Sounds weird and funny ? Obviously not. Many successful traders use this technique to achieve trading success. You too can !

This is the power of creative visualization. It has the ability and power to alter our environment and circumstances , cause events to happen , attract money , possessions , work and love , change habits and improve the health. It is a great mind power. It is the power behind every trading success …

Occasionally you hear someone who says , “I can’t visualize” . While this may be true in rare instances , …

Day trading the futures market is one of the most popular activities today. Day trading is the type of trading which opens and closes a transaction within a single trading day. Some of my favorites futures contracts are the E-minis SP-500 and the Russell 2000. At times I also trade the Dow futures when the market seems uncertain to me. At times I feel Russell 2000 is too fast for my heart , and Dow is just right for me if I want a slow and steady trading day,

Traders have become attracted to futures day trading for few reasons. Some like the action level of an increased frequency of trades while others like the fact that day trading carries no overnight risk. In this manner , no particular catastrophic political or business event , which may happen after the close of the futures contract will affect those who have already closed their contracts out during the day. The objective for traders here is to not allow any potentially adverse market conditions to affect their …