More on Burn level and technical indicators

Burn LevelThis is a concept where you have to have a job at the offset where you have REPLACEABLE MONEY at the drop of a hat at the beginning of your trading. Replaceable money at the point where you will not sweat replenshing your beginning funds over and over again...at a level that is confortable to you. When you start off and the money becomes burned for whatever reason you lost it, you will be able to easily replace the funds and fire away again.This accomplishes two things. 1) Things will be shaky with your trading and even with instruction...

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How to trade the stock market ebook exerpt

The basic problem with all the above items is that they rely on herd reactive mentality. What you need to do is switch from reactive mentality to predictive Contrarian mentality.What does that mean, you ask? That means that you will be looking at the market at day or two ahead of time and deciding what the market will be doing based on technical analysis (see pages ----- ) and overall news. You will also be using the news to do the opposite of what everyone else is doing in a Contrarian fashion. (See pages ------).I will not own individual stocks...

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Ebook exerpt part 2

Ever wonder who wins in the stock market? It sure doesn't seem like you or anyone that you know directly. But you do know that there is a group of people who win. Maybe you were at a Bulls game downtown and you saw a bunch of 20 and 30 something guys that you figure to be option players sitting court side. Maybe its some of the guys you see on TV living it up large talking about their high paying money manager job on CNBC. Whats the difference between you and those guys? Two things...knowledge and information. Knowledge to know enough to go against...

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Ebook exerpt

Most people in the United States live from paycheck to paycheck, approx 80% of us. In one sense, that is almost equal to slavery. We are chained to our job that we most likely do not enjoy. We like to eat, and we need a roof over our head. Having heat and electricity is nice too. Every day its up out of bed and to the grind. We come home tired, only have a few hours to ourselves in the evening and we crash only to get up and do it again the next day. Lets take a look at that. Not only are we working the 8-10 hrs a day, but there is additional time...

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