Example Apple.Nasdaq
BHP. AX
Monday, April 21, 2008
Tuesday, April 15, 2008
Monday, April 14, 2008
Trading parameter, technical analysis
Currently i am filling up a note on some of the trading parameters that i will be using and start to incorporate in technical trading.
I used to be a very strong fundamentalist, but there are way too many uncertainties. Fundamentalist also does not have a leveraging tools. slowly, I am now a momentum swing trader while in "hibernating state".
I would simply say I am meditating before getting into the game again...
Some of the parameter i will be using is
1. SMA
2. STO
3. RSI
4. OBV
5. CCI
6. Candle stick
7. Moving average divergence/convergence
ITS just the story of PRICE AND VOLUME.
I used to be a very strong fundamentalist, but there are way too many uncertainties. Fundamentalist also does not have a leveraging tools. slowly, I am now a momentum swing trader while in "hibernating state".
I would simply say I am meditating before getting into the game again...
Some of the parameter i will be using is
1. SMA
2. STO
3. RSI
4. OBV
5. CCI
6. Candle stick
7. Moving average divergence/convergence
ITS just the story of PRICE AND VOLUME.
Friday, August 11, 2006
The lazy doesnt get rich
Lazy People Don't Get Rich
by Robert Kiyosaki
Utility Links
Printable ViewEmail this PageTuesday, August 8, 2006
Allow me to be politically incorrect: The No. 1 reason people aren't rich is because they're lazy. This is purely my opinion and no one else's, and I have no scientific proof to back it up.
Why the sudden honesty? I'll tell you.
The Best Policy?
One of the things I loved most about the Marine Corps was that I never had to worry about what anyone was thinking. When I was preparing to be an officer, there was no sensitivity training. When superior officers spoke to you, they didn't have to wrap their words in ribbons and bows, and didn't worry about hurting anyone's feelings.
In fact, we often went out of our way to hurt others' feelings just to test their core toughness. (I'd repeat some of the more choice comments I've treasured over the years, but I'm not writing for a military audience.)
When I returned from the war and entered the civilized world of business, I was shocked by the phoniness, the covert hostility (disguised as caring), and the fake smiles that are rampant to this day. It's been over 30 years since I was discharged from the Marines, and I still haven't adjusted.
Today, I'm still hesitant to let my employees know exactly what I'm not satisfied with for fear of being sued, or to compliment a pretty woman for fear of being accused of sexual harassment.
But I'm happy to say that things are changing. We now have reality TV instead of Father Knows Best, a phony show about fake family harmony from my era. Today, commentators like Bill Maher and Jon Stewart rip into politicians under the guise of humor.
We also have Donald Trump, who has millions of people from all over the world tuning in just to hear him say the magic words "you're fired" to an apprentice wannabe. And of course there's Simon Cowell of American Idol, the critic of all critics, whose book of brutally honest dismissals I was recently tempted to buy.
An Honest Assessment
All of this overt honesty, while sometimes contrived, encourages me to be more honest about my favorite subject -- getting rich, and who's most likely to do so.
Most of you who follow my books and this column know how I make my money. First of all, I'm an entrepreneur. I've been starting companies since I was a kid. I never wanted to be an employee -- I always wanted to be in control. I didn't want someone like me telling me what to do. Consequently, I now have companies, agencies, or strategic partners all over the world.
Second, I love real estate. Not only do I think it's the best investment in the world, I can prove it. What other investment is there that has bankers lining up to lend you money? They won't lend you millions of dollars for years at a time to buy stocks, bonds, or mutual funds. And what other investment will your insurance company insure against losses? Surely not mutual funds or a 401(k).
Third, I love commodities like oil and gas. Why do I love them? Because they're in short supply and in great demand. Wars have been fought over oil and gas for years. What do you think the war in Iraq is about?
Finally, I've loved gold and silver for years. Why? Because I don't trust the U.S. government to be good stewards of money. As you may know, the Bush administration has printed more funny money -- over a trillion dollars' worth -- in six years than all past U.S. presidents combined.
Wars have been fought over gold and silver, too. Why do you think the Incas lost their empire to the Spaniards, or the American Indians lost their land to the European settlers? The conquerors may have said that they were acting in the name of God, but remember -- there's only a single letter's difference between "God" and "gold."
No More Political Correctness
The recent outbreak of honesty also inspires me to be more forthcoming in general, and less politically correct. This is the web, after all, where honesty is respected, not suppressed, censored, or forced to be "sensitive" like our old, more traditional forms of media.
You wouldn't be reading Yahoo! Finance if you weren't serious about being rich or becoming rich. So I owe it to you to be more truthful. And I'm not worried about offending the financial losers of the world, because financial losers don't read this column.
So, rather than tell you week after week about real estate, entrepreneurship, gold, silver, oil, and gas, I've decided to occasionally run a less-than-politically-correct column and tell you exactly what I think about the subject of getting rich.
The L Words
It's in this spirit that I opened by saying that lazy people don't get rich. I also said that the difference between "God" and "gold" is a simple "L" -- as in "lazy," or "looting." The conquistadors who looted the Inca Empire in the name of God weren't lazy. They were thugs with guns, but they had ambition.
Another word that begins with "L" is "loser." Over the years, I've met many losers who pray to God to give them gold. They'll never get it that way because, as the Sunday school I went to taught me, God helps those who help themselves. Again, the conquistadors may have been killers and thieves, but at least they knew how to help themselves.
I do, too. As some of you may be aware, I wasn't born rich. And I've written openly about my failures as an entrepreneur and my losses as an investor. I haven't hidden my horror stories. The reason I don't keep them secret is because my failures are the best learning experiences of my life. We learn by making mistakes -- except in school, where we're punished for making mistakes. This may be why most schoolteachers aren't rich.
I'm not recommending that you become an ambitious looter, as Ken Lay and Jeff Skilling were convicted of being. I only want to point out that if you're not a lazy loser, you may find yourself with more gold in your life without having to resort to looting.
by Robert Kiyosaki
Utility Links
Printable ViewEmail this PageTuesday, August 8, 2006
Allow me to be politically incorrect: The No. 1 reason people aren't rich is because they're lazy. This is purely my opinion and no one else's, and I have no scientific proof to back it up.
Why the sudden honesty? I'll tell you.
The Best Policy?
One of the things I loved most about the Marine Corps was that I never had to worry about what anyone was thinking. When I was preparing to be an officer, there was no sensitivity training. When superior officers spoke to you, they didn't have to wrap their words in ribbons and bows, and didn't worry about hurting anyone's feelings.
In fact, we often went out of our way to hurt others' feelings just to test their core toughness. (I'd repeat some of the more choice comments I've treasured over the years, but I'm not writing for a military audience.)
When I returned from the war and entered the civilized world of business, I was shocked by the phoniness, the covert hostility (disguised as caring), and the fake smiles that are rampant to this day. It's been over 30 years since I was discharged from the Marines, and I still haven't adjusted.
Today, I'm still hesitant to let my employees know exactly what I'm not satisfied with for fear of being sued, or to compliment a pretty woman for fear of being accused of sexual harassment.
But I'm happy to say that things are changing. We now have reality TV instead of Father Knows Best, a phony show about fake family harmony from my era. Today, commentators like Bill Maher and Jon Stewart rip into politicians under the guise of humor.
We also have Donald Trump, who has millions of people from all over the world tuning in just to hear him say the magic words "you're fired" to an apprentice wannabe. And of course there's Simon Cowell of American Idol, the critic of all critics, whose book of brutally honest dismissals I was recently tempted to buy.
An Honest Assessment
All of this overt honesty, while sometimes contrived, encourages me to be more honest about my favorite subject -- getting rich, and who's most likely to do so.
Most of you who follow my books and this column know how I make my money. First of all, I'm an entrepreneur. I've been starting companies since I was a kid. I never wanted to be an employee -- I always wanted to be in control. I didn't want someone like me telling me what to do. Consequently, I now have companies, agencies, or strategic partners all over the world.
Second, I love real estate. Not only do I think it's the best investment in the world, I can prove it. What other investment is there that has bankers lining up to lend you money? They won't lend you millions of dollars for years at a time to buy stocks, bonds, or mutual funds. And what other investment will your insurance company insure against losses? Surely not mutual funds or a 401(k).
Third, I love commodities like oil and gas. Why do I love them? Because they're in short supply and in great demand. Wars have been fought over oil and gas for years. What do you think the war in Iraq is about?
Finally, I've loved gold and silver for years. Why? Because I don't trust the U.S. government to be good stewards of money. As you may know, the Bush administration has printed more funny money -- over a trillion dollars' worth -- in six years than all past U.S. presidents combined.
Wars have been fought over gold and silver, too. Why do you think the Incas lost their empire to the Spaniards, or the American Indians lost their land to the European settlers? The conquerors may have said that they were acting in the name of God, but remember -- there's only a single letter's difference between "God" and "gold."
No More Political Correctness
The recent outbreak of honesty also inspires me to be more forthcoming in general, and less politically correct. This is the web, after all, where honesty is respected, not suppressed, censored, or forced to be "sensitive" like our old, more traditional forms of media.
You wouldn't be reading Yahoo! Finance if you weren't serious about being rich or becoming rich. So I owe it to you to be more truthful. And I'm not worried about offending the financial losers of the world, because financial losers don't read this column.
So, rather than tell you week after week about real estate, entrepreneurship, gold, silver, oil, and gas, I've decided to occasionally run a less-than-politically-correct column and tell you exactly what I think about the subject of getting rich.
The L Words
It's in this spirit that I opened by saying that lazy people don't get rich. I also said that the difference between "God" and "gold" is a simple "L" -- as in "lazy," or "looting." The conquistadors who looted the Inca Empire in the name of God weren't lazy. They were thugs with guns, but they had ambition.
Another word that begins with "L" is "loser." Over the years, I've met many losers who pray to God to give them gold. They'll never get it that way because, as the Sunday school I went to taught me, God helps those who help themselves. Again, the conquistadors may have been killers and thieves, but at least they knew how to help themselves.
I do, too. As some of you may be aware, I wasn't born rich. And I've written openly about my failures as an entrepreneur and my losses as an investor. I haven't hidden my horror stories. The reason I don't keep them secret is because my failures are the best learning experiences of my life. We learn by making mistakes -- except in school, where we're punished for making mistakes. This may be why most schoolteachers aren't rich.
I'm not recommending that you become an ambitious looter, as Ken Lay and Jeff Skilling were convicted of being. I only want to point out that if you're not a lazy loser, you may find yourself with more gold in your life without having to resort to looting.
Tuesday, June 20, 2006
Instant Millionaire
Article below are from Yahoo.finance, Thank you
An Early Start on the Road to Riches
by David Bach
Tuesday, January 17, 2006
[David Bach]
My grandmother, Rose Bach, was an amazing woman. A career woman at a time when most women weren't, she eventually became a self-made millionaire by teaching herself how to invest in stocks. She also changed my life by teaching me at a very young age how to invest, thus starting me on the road to financial success.
I received my first lesson from her when I was seven. We were having lunch one day at McDonalds's when she put down her Big Mac and said, "David, I want you to go ask the woman at the counter if McDonald's is publicly traded."
Publicly what?
I didn't know what she was talking about, and I had no intention of asking the woman at the counter such a weird question
But Grandma was adamant. "Go ask, and I'll give you a buck," she said. Back then, a buck was a lot of money, so I ran to the counter to find out what she wanted.
David Bach and Grandma Rose Bach
The woman at the counter didn't know what to make of a seven-year-old asking, "Are you publicly traded?" So she got the manager. He asked me what the problem was, and when I explained that Grandma wanted to know if McDonald's was publicly traded, he said, "Well, let's go talk to her."
He escorted me back to Grandma, introduced himself, and explained that McDonald's was publicly traded -- on the New York Stock Exchange, no less.
My grandmother smiled. "I know," she said. "I just wanted my grandson to learn how to ask!"
Spenders, Workers, and Owners
After the manager left, my grandmother told me something that would change my thinking and my life forever. "David," she said, "there are three types of people in the world. There are those who come to a restaurant like we did today and eat the cheeseburgers and fries. We call them spenders. Then there are who make the food and wash the dishes at a place like McDonald's for minimum wage. We call them workers. Finally, there are those who sell the burgers and pay the workers. We call them owners."
She looked at me closely. "You can always be someone who spends money at a place like McDonald's. And when you get older you can always get a job at a place like McDonald's and work for minimum wage."
She paused and took my face in her hands. "Or you can be smart and own the place. My dream for you is to be smart and own the place."
Owning a McDonald's struck me as a great idea. "My own McDonald's!" I exclaimed. "How would I do that?"
An Early Start on the Road to Riches
by David Bach
Tuesday, January 17, 2006
[David Bach]
My grandmother, Rose Bach, was an amazing woman. A career woman at a time when most women weren't, she eventually became a self-made millionaire by teaching herself how to invest in stocks. She also changed my life by teaching me at a very young age how to invest, thus starting me on the road to financial success.
I received my first lesson from her when I was seven. We were having lunch one day at McDonalds's when she put down her Big Mac and said, "David, I want you to go ask the woman at the counter if McDonald's is publicly traded."
Publicly what?
I didn't know what she was talking about, and I had no intention of asking the woman at the counter such a weird question
But Grandma was adamant. "Go ask, and I'll give you a buck," she said. Back then, a buck was a lot of money, so I ran to the counter to find out what she wanted.
David Bach and Grandma Rose Bach
The woman at the counter didn't know what to make of a seven-year-old asking, "Are you publicly traded?" So she got the manager. He asked me what the problem was, and when I explained that Grandma wanted to know if McDonald's was publicly traded, he said, "Well, let's go talk to her."
He escorted me back to Grandma, introduced himself, and explained that McDonald's was publicly traded -- on the New York Stock Exchange, no less.
My grandmother smiled. "I know," she said. "I just wanted my grandson to learn how to ask!"
Spenders, Workers, and Owners
After the manager left, my grandmother told me something that would change my thinking and my life forever. "David," she said, "there are three types of people in the world. There are those who come to a restaurant like we did today and eat the cheeseburgers and fries. We call them spenders. Then there are who make the food and wash the dishes at a place like McDonald's for minimum wage. We call them workers. Finally, there are those who sell the burgers and pay the workers. We call them owners."
She looked at me closely. "You can always be someone who spends money at a place like McDonald's. And when you get older you can always get a job at a place like McDonald's and work for minimum wage."
She paused and took my face in her hands. "Or you can be smart and own the place. My dream for you is to be smart and own the place."
Owning a McDonald's struck me as a great idea. "My own McDonald's!" I exclaimed. "How would I do that?"
Opportunity Is Always Around Us
As we drove home from McDonald's, my grandmother explained to me what I later realized was the key to her financial success: "Everywhere you go," she told me, "there's money to be made -- if you keep your eyes and ears open. When you went to McDonald's today, you were a customer. You paid to eat there. What you should have noticed is that you weren't the only one doing that. Millions of people like you eat at McDonald's every day. The secret to getting rich is to recognize a successful business when you see it and make it a goal to become an owner."
That night, Grandma Bach showed me how to look up McDonald's in the newspaper stock tables. She promised that if I saved up my allowance and birthday money, she would help me buy one share of McDonald's. "Then you'll be an owner of McDonald's," she said, "and every time you and your friends eat there, you'll be happy knowing you're making money."
Later that year, I bought my first stock -- a single share in McDonald's. A year or so later, I bought my second -- one share of The Walt Disney Co.
Over the years, my little investment in McDonald's has done pretty well. I only wish I'd had enough money back then to buy more than one share. A smart investor who shelled out the $2,250 it would have taken to buy 100 shares of McDonald's back in the mid-1960s would today own some 74,360 shares, with a total value of more than $2.5 million.
But more important than how well my first stock pick did is the lesson my grandmother taught me. Opportunity is always around us. You can spend, work, or own. Owners get rich.
Start Your Kids' Money Education Early
Grandma started teaching me about investing when I was seven. Kids are even smarter today. You can start them even younger. How can you tell if a child is ready to learn about money? Put a $10 bill in one hand and a $1 bill in the other. Then ask them which one they want. If they are smart enough to choose the $10 bill, they're ready to be taught.
Teach them what you've learned about money from your own personal experience, the bad as well as the good. If you had a bad experience with credit-card debt, share that with your kids. If your home has been a great investment, share how and why that is. Above all, teach a child you love how to see, hear, and notice opportunity.
And don't just tell your kids stories. Get them started saving and investing. Take them to the bank and open a savings account for them. Better yet, buy them a share of stock in a company that makes something they're interested in. You can buy a limited amount of shares through almost all of the major online brokerage firms. If you want to invest regularly for your child and keep it inexpensive, check out Web sites like www.sharebuilder.com, www.ameritrade.com or www.tdwaterhouse.com. They make investing automatically in stocks or index funds easy and affordable online.
If you happen to have a financial advisor, take your child with you the next time you have a meeting. It may sound far-fetched, but this sort of thing can be a life-changing experience for a kid. And as a former practitioner myself, I can tell you that most financial advisors will be happy to help you teach your kids and get an investment account set up for them.
Financial education is the gift that keeps on giving. The mistake in our school systems is that we don't make teaching about money mandatory. For our kids' sake, it should be. Until it is, do it yourself.
An Early Start on the Road to Riches
by David Bach
Tuesday, January 17, 2006
[David Bach]
My grandmother, Rose Bach, was an amazing woman. A career woman at a time when most women weren't, she eventually became a self-made millionaire by teaching herself how to invest in stocks. She also changed my life by teaching me at a very young age how to invest, thus starting me on the road to financial success.
I received my first lesson from her when I was seven. We were having lunch one day at McDonalds's when she put down her Big Mac and said, "David, I want you to go ask the woman at the counter if McDonald's is publicly traded."
Publicly what?
I didn't know what she was talking about, and I had no intention of asking the woman at the counter such a weird question
But Grandma was adamant. "Go ask, and I'll give you a buck," she said. Back then, a buck was a lot of money, so I ran to the counter to find out what she wanted.
David Bach and Grandma Rose Bach
The woman at the counter didn't know what to make of a seven-year-old asking, "Are you publicly traded?" So she got the manager. He asked me what the problem was, and when I explained that Grandma wanted to know if McDonald's was publicly traded, he said, "Well, let's go talk to her."
He escorted me back to Grandma, introduced himself, and explained that McDonald's was publicly traded -- on the New York Stock Exchange, no less.
My grandmother smiled. "I know," she said. "I just wanted my grandson to learn how to ask!"
Spenders, Workers, and Owners
After the manager left, my grandmother told me something that would change my thinking and my life forever. "David," she said, "there are three types of people in the world. There are those who come to a restaurant like we did today and eat the cheeseburgers and fries. We call them spenders. Then there are who make the food and wash the dishes at a place like McDonald's for minimum wage. We call them workers. Finally, there are those who sell the burgers and pay the workers. We call them owners."
She looked at me closely. "You can always be someone who spends money at a place like McDonald's. And when you get older you can always get a job at a place like McDonald's and work for minimum wage."
She paused and took my face in her hands. "Or you can be smart and own the place. My dream for you is to be smart and own the place."
Owning a McDonald's struck me as a great idea. "My own McDonald's!" I exclaimed. "How would I do that?"
An Early Start on the Road to Riches
by David Bach
Tuesday, January 17, 2006
[David Bach]
My grandmother, Rose Bach, was an amazing woman. A career woman at a time when most women weren't, she eventually became a self-made millionaire by teaching herself how to invest in stocks. She also changed my life by teaching me at a very young age how to invest, thus starting me on the road to financial success.
I received my first lesson from her when I was seven. We were having lunch one day at McDonalds's when she put down her Big Mac and said, "David, I want you to go ask the woman at the counter if McDonald's is publicly traded."
Publicly what?
I didn't know what she was talking about, and I had no intention of asking the woman at the counter such a weird question
But Grandma was adamant. "Go ask, and I'll give you a buck," she said. Back then, a buck was a lot of money, so I ran to the counter to find out what she wanted.
David Bach and Grandma Rose Bach
The woman at the counter didn't know what to make of a seven-year-old asking, "Are you publicly traded?" So she got the manager. He asked me what the problem was, and when I explained that Grandma wanted to know if McDonald's was publicly traded, he said, "Well, let's go talk to her."
He escorted me back to Grandma, introduced himself, and explained that McDonald's was publicly traded -- on the New York Stock Exchange, no less.
My grandmother smiled. "I know," she said. "I just wanted my grandson to learn how to ask!"
Spenders, Workers, and Owners
After the manager left, my grandmother told me something that would change my thinking and my life forever. "David," she said, "there are three types of people in the world. There are those who come to a restaurant like we did today and eat the cheeseburgers and fries. We call them spenders. Then there are who make the food and wash the dishes at a place like McDonald's for minimum wage. We call them workers. Finally, there are those who sell the burgers and pay the workers. We call them owners."
She looked at me closely. "You can always be someone who spends money at a place like McDonald's. And when you get older you can always get a job at a place like McDonald's and work for minimum wage."
She paused and took my face in her hands. "Or you can be smart and own the place. My dream for you is to be smart and own the place."
Owning a McDonald's struck me as a great idea. "My own McDonald's!" I exclaimed. "How would I do that?"
Opportunity Is Always Around Us
As we drove home from McDonald's, my grandmother explained to me what I later realized was the key to her financial success: "Everywhere you go," she told me, "there's money to be made -- if you keep your eyes and ears open. When you went to McDonald's today, you were a customer. You paid to eat there. What you should have noticed is that you weren't the only one doing that. Millions of people like you eat at McDonald's every day. The secret to getting rich is to recognize a successful business when you see it and make it a goal to become an owner."
That night, Grandma Bach showed me how to look up McDonald's in the newspaper stock tables. She promised that if I saved up my allowance and birthday money, she would help me buy one share of McDonald's. "Then you'll be an owner of McDonald's," she said, "and every time you and your friends eat there, you'll be happy knowing you're making money."
Later that year, I bought my first stock -- a single share in McDonald's. A year or so later, I bought my second -- one share of The Walt Disney Co.
Over the years, my little investment in McDonald's has done pretty well. I only wish I'd had enough money back then to buy more than one share. A smart investor who shelled out the $2,250 it would have taken to buy 100 shares of McDonald's back in the mid-1960s would today own some 74,360 shares, with a total value of more than $2.5 million.
But more important than how well my first stock pick did is the lesson my grandmother taught me. Opportunity is always around us. You can spend, work, or own. Owners get rich.
Start Your Kids' Money Education Early
Grandma started teaching me about investing when I was seven. Kids are even smarter today. You can start them even younger. How can you tell if a child is ready to learn about money? Put a $10 bill in one hand and a $1 bill in the other. Then ask them which one they want. If they are smart enough to choose the $10 bill, they're ready to be taught.
Teach them what you've learned about money from your own personal experience, the bad as well as the good. If you had a bad experience with credit-card debt, share that with your kids. If your home has been a great investment, share how and why that is. Above all, teach a child you love how to see, hear, and notice opportunity.
And don't just tell your kids stories. Get them started saving and investing. Take them to the bank and open a savings account for them. Better yet, buy them a share of stock in a company that makes something they're interested in. You can buy a limited amount of shares through almost all of the major online brokerage firms. If you want to invest regularly for your child and keep it inexpensive, check out Web sites like www.sharebuilder.com, www.ameritrade.com or www.tdwaterhouse.com. They make investing automatically in stocks or index funds easy and affordable online.
If you happen to have a financial advisor, take your child with you the next time you have a meeting. It may sound far-fetched, but this sort of thing can be a life-changing experience for a kid. And as a former practitioner myself, I can tell you that most financial advisors will be happy to help you teach your kids and get an investment account set up for them.
Financial education is the gift that keeps on giving. The mistake in our school systems is that we don't make teaching about money mandatory. For our kids' sake, it should be. Until it is, do it yourself.
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