9 posts tagged “trading”

Learning by experience can be costly, especially in the financial markets. Fortunately, there are shortcuts. "I've changed from losing money to consistently making a profit," says Paul, a trader from Illinois. "I've learned techniques that really have made a big difference in my trading." He credits the streaming educational videos and audios for his success. Its is a pioneer in the web-based delivery of financial information since 1995.

Traders of all levels will appreciate the online digital library of video and audio seminars, the largest and most comprehensive collection of trader and investor seminars available anywhere today. There are currently 547 seminars with more being added all the time. They present time-tested theories, techniques, and strategies from over 150 master traders like the one below. The site is INO TV and gives traders an easy and convenient way to improve their skills, confidence, and high returns. 

Larry Williams is one the most legendary traders of all time. One of his most notable achievements involved parlaying a $10,000 account into $1.1 million Trading Championship – a feat no other trader has come close to matching.

He is the author of a number of best-selling trading books, renowned speaker and the author of a top advisory newsletter.

I know this sounds like a commercial but if it were not for the fact that a few of us at Future1investor have INO TV as part of our arsenal then yeah it would be. I believe that if we share what works for us with others then we will be rewarded in kind. Just like we share MarketEDU (a financial multimedia community) site by email, in our other blogs, and by word-of-mouth. 

Many traders we've met both online and at our Future1investor gathering in Cabo this year say online seminars are more convenient, less costly compared to the high price tag of live seminars. I won't hide the fact that INO TV has a cost, but that cost is quite the bargain for such an enormous archive of seminars available at your convenience. There is an annual membership fee of 99.95 or if you rather try to cram as much as you can into three months and then go on vacation to absorb all you've learned...the price then is 49.95 and is still a bargain. 

While many traders find the live atmosphere of seminars enjoyable, others find that the registration fees, travel expenses, and hotel charges are cost prohibitive. If I myself had known about streaming online seminars before now, I could have saved over 7,000 over the few years that I ventured to go to these things. What I learned through the online videos was more than what they were giving me at the seminars. I find that this is a common saying by fellow members. One guy named Dean says that the knowledge he acquired in a single month of viewing INO TV online would have cost him about 24,000 in seminar fees and hotel/food/travel expenses. Thats not an over inflated number either!

It's not just the cost that makes INO TV so attractive to traders. It's also the convenience. For many, coming from a small village or town far away from a major city that draws financial seminars would be a time consuming and high-priced event. It is far more convenient to watch a video online. Watching them at any convenient time and seeing them again and again brings a trader far more value while being very time efficient.

Many of the seminars come with downloadable workbooks. INO TV's digital library of trading seminars is the most extensive collection available online, and these seminars are not available anywhere else. Members can watch and listen to as many seminars as they want, as often as they want, for one very low amount.

And should you want to add our most used tool to your arsenal then you'll useMarketClub. You will also then have access to the founder Adam Hewison who will continually teach you how to use the tools and apply them to stocks, forex, gold, whatever has a price chart.

You'll often hear him say this about INO TV:
"Even though I caught some lucky breaks early in my financial career and went on to become a successful forex trader, I still look back with 20/20 hindsight and realize that I could have been more successful, sooner, if I had been a more educated trader. That's why I'm so excited about what we have to offer at INO TV: proven trading techniques - practical tools for consistent success - step by step trading methods that will empower you to build wealth and create the life you want. And all straight from the lips of the masters themselves."

Adam is the co-creator of this seminar archive. He's also a terrific fella and family man who has a voice you'll enjoy listening to in his frequent educational videos like this onethat you'll see here at MarketEDU from time to time or on MarketClub. 

We don't appreciate bull-shit and there is a lot of it out there and in emails. We know if you are even a little bit like us, you want straight forward information that works. Check out this straight forward video and decide if it might be for you with no risk attached.

Of course you should decide for yourself. Its still an expense though; one that you can write off your taxes. Its still an expense but what is the comparison to what you could loose without knowledge like you'll find here?

There are tools you'll pay for and never use. Then there are those that you can't do without. Until you become an expert yourself, INO TV will be your mentor, available any time you are. MarketClub will be your daily tool to help you trade the market every day. Then of course there is all the rest; some you'll treasure, and lots you'll trash. Don't just buy everything or nothing. Make decisions that will help you acheive the dreams that trading the markets can bring. Don't make all the usual mistakes and turn it into the nightmare that won't end.

Have any other great tools that you yourself use regularly?  Please share them in the comments below.

Your company 401k may be eroding without you knowing it!

John Hancock, Fidelity, Nationwide, and others refuse to talk on TV about their hidden fees that can take a big chunk out of your 401k plan. Say goodbye to almost half of your nest egg!

Firms may say that they are not lying. Maybe so, but what they are doing is hiding the true cost of your plan so that you are not made aware, in simple terms, the total cost and effect on your plan account. Each percentage point costs you dearly. Some of these firms are charging over the 1% maximum total you should have to pay for in your plan.

In extreme cases, fees can be much higher. Jerre Daniels- Hall, a Port Orchard, Washington, teacher alleges in a lawsuit that a 403(b) plan run by the National Education Association for the South Kitsap School District has fees totaling 12.17 percent for some employees!
A 403(b), similar to a 401(k), is available to workers in government and nonprofit corporations.

I am constantly surprised how many people do not set up a business when they have income from whatever it is that they do for fun or for profit. Some of the things that I hear are:

• I've thought about it but its too hard
• Too much paper work
• I'll get audited
• I don't want the government sneaking around in my bidnez

And on and on and on. Well it is not hard, there isn't too much paperwork, you'll only get audited if you try to cheat the system, as a business the government allows you to write legitimate expenses off your taxes!

My biggest reason is the tax write off. Education is expensive, subscriptions to help me do my job better, hardware, software, anything which goes towards helping you make money is tax deductible. 

I found an old video by Trader Brian which is short and tells you the benefits of trading as a business in an easy to listen to video.
 

• The hours are your own
• you don't have to answer to anyone
• The work isn't physical
• There is a lure to the excitement of wheeling and dealing, trading hot markets and making profits.

Things that you will need to make money trading the markets are a computer and some tracking software of the market prices you are interested in. There is another thing you will need, money. And the money you put in can be lost if your actions don't follow the proper education.

Another thing you will need is experience. You can learn to trade by trial and error rather than through education first but that can be very costly and you may very well lose a significant amount of your money before you give up on the effort.

Books are written on the subject that can help you. One that is good is from William O'Neal of the Investor's Business Daily called 'How to make money in stocks'. The book helps you to gain knowledge of what to look for to profit but it's not a guarantee that you will make money even if you learn everything taught in the book. Many books have been written on how to make money in the market or commodities. No matter how much you know it's good to learn more from others so it's good to read all you can.

Even better still, find a mentor, someone who has been in the business for some time and continues in the business. Finding a mentor is not easy because they are giving of their valuable time to teach you their experience. If you are unable to find someone to give you plenty of face time, try to find a comprehensive course package that has online support of a community of traders as well as the mentors themselves. This can be almost as hard as finding a face to face mentor simply because they sell based upon their marketing hype or the fancy packaging. With these you have to have a sense of truth in their marketing and sense that they are truly going to teach you their experience to help bring you success if you learn the full course. Be always weary of online courses and packages...buyer beware. Some are designed to not teach you everything but little bits at a time at great expense to you.

This is a business that you may end up making money with but it's only a possibility and not something that many are successful with primarily because they don't take the time to educate themselves properly. Also because many people only look for the easy way, the get rich quick way, of which there isn't. Only a small percent of those that are educated well make significant amounts of money. The market is always trying to work against the small trader. They count on manipulation especially in broadcast media and specially written newsletters to get you to buy this or that stock. So you'll have to remain an alert and discerning business owner. 

A seasoned trader says that he makes bad calls 70% of the time and great calls 30% of the time. Yet since he is careful to limit his losses and let his profits run, that 30% makes his family a nice income to live on.

Trading IS a business and so thinking and acting as a business entity is necessary lest you slip into a dream state. You'll be dreaming yourself into making money when in reality you aren't doing what you should be doing and are loosing money. In that case keep your job or go into another business to make a living. Don't expect to make a business out of trading if you are not determined to take it seriously every working day.

What makes a great trader?

I just finished watching a seminar by a gentleman that was in an experimental trading group. I was so interested in the idea of this experiment that I had to watch the whole thing.

In the early 80s, two men were in a debate about how great traders are made. Is it nature or nurture? Are great traders born with a natural intuition for economics, human psychology and self-discipline, or are great traders a product of intense education and practice? Out of this question emerged an experimental trading group called the "Turtles". These people, with little to no trading experience were put through a vigorous training in trend following.

Of all the things I've read and heard, trend is one of the most important parts of trading in the markets. I've written here in this blog about one of the key tools I use in my trading decisions. The tool is called Market Club and it uses trends too as its exclusive solution to better trading.
Out of this experimental group, Russell Sands was one of the first trainees. In this INO TV presentation, "I Am A Turtle," Sands shares the lessons and methodologies that his professional trainers taught him.

It's a great seminar and I hope you check it out and send me your feedback. The seminar is free to watch at this time.

Click the photo above to go to the site.

You can go hog wild and use any number of "Systems" that are out there for use in the market today. These can not only be expensive, but they can be difficult to understand and learn for many. Interesting then that they would then offer to have you pay for a seminar to teach you their system.
 

Tools of the trade

Not only is the tool very straight forward, it takes no time to learn and the founder continually shows you how this and its associated tools are used. It could not be any simpler and we can only wish that we would have found this tool early on in our investing/trading business. But without all the hype you see spammed throughout your email, we wish to share with you something that can make you feel at ease with the market. The tool we use is simple, takes away the emotional deficit of our trades, it gives us peace of mind because it gives us that simplicity and gives us time back to focus on other parts of the business and time back for our family and friends.

We are not advertising on behalf of this tool. What we are doing is sharing our views, news, ideas, and tools that we use in the market. If something comes across our desks that we find can affect your trades or investments, we'll report on it here in our blogs. If we find something that can save you time and money and is effective for us, then perhaps it will be for you as well, so we share it here for you too! We hope that you too will share your knowledge, thoughts, ideas, and findings. That is the whole purpose of social networking from a productive web site sense. It is fine to have fun on a web site if you think sites like (Facebook) are fun, but is it not better to utilize your time online with a site that can effectively educate, and share the honest ideas and findings of a large number of people and not just a few? I believe that is what this site: MarketEDU is all about and that is why Future1investor is here. To share with you and receive productive benefits in return.

Thank you in advance for all the things you may come to share with us and everyone here at MarketEDU.

I have been letting my views and opinions out onto the vast WorldWideWeb now since before most of you readers were even born! I organized the largest number of System Operators (Sysops) ever to meet in one place. Now that says quite a lot as my learned scholarly and entrepreneurial business friends would say.

It would be nice to know that some of my rants and raves such as the one which took out every point of Microsoft's first online published ROI white paper was read and understood. That an intelligent person or team of individuals would find great value in my quality assurance background and position as a consumer advocate.

Well years later, it seems that Microsoft is now attempting to be a little more consumer caring. And it looks like possibly my rant on the uselessness of FaceBook but promotion of social networking sites is being heard.
There are many who are against the internet and use of the web as a way to meet others and collaborate without being able to physically touch or sit in the same office. Some of those concerns are quite valid BUT there are too many positives as well as practical needs for it not to be pursued and developed. No matter how much we wish to prevent Pervs, stalkers, and other negative people in our physical and online life we will never be rid of them no matter what is done. In fact trying to do so online may prevent great productivities from being achieved.

Today we have help (sometimes questionable) from telecenters in India, we have distant learning of which I participated in one of the few way back in the '80s. Do you remember the early online virtual worlds?

I was also part of those early renditions which were exciting but clunky attempts to bring people together online. Well today, Sony and a couple handfuls of other companies have gotten behind the dream to develop this further. And we will eventually see truly productive applications linking people together in both a purely social as well as purely business, educational, and entertaining ways.

One of my Canadian friends turned me onto BlogTV. This is a social networking site that has been around awhile and allows anyone to use their web cam to host a show and even have a co-host on with you from anywhere else in the world! Granted some of the blogTV hosts are quite lame but it gives them an outlet for social interaction which can be for pure fun or for other things. I plan on using blogTV as a way for my online neighbors and friends to chime in on my interest for trading/investing and all things technology. Of course there are other ways but this is simple and fun!

You can have audio, draw on the screen, kick people out for inappropriate behavior and build a network of followers. Unlike Facebook you don't have a zillion widgets wanting your attention. It is purely an audio/visual world where the host creates whatever kind of show he/she chooses.

There are very few things out here on the internet that I am genuinely excited about. My Father taught me about the importance of value for your money or in other words "bang for the buck". With that in mind, there is quite a lot to disappoint you. You'll waste hundreds and likely thousands of dollars because giving this trading system, that trading  system, an online seminar here, a hotel seminar there, books, lots of books, CDs, DVDs, a try.. is like going to a casino.

You get to put down your money for a chance to win some knowledge. A chance to beat the house, or a chance to do better than the average guy/gal. A chance, just a chance and no guarantees either. Its all just a crap shoot!

Then every once in a blue moon, you might come across a site that delivers all those things, and has value to boot! One such a site is INO TV. I wrote about it a couple days ago here when I talked about Linda Raschke. Hers was one of the totally free video seminars that you can watch on the site even before plunking down even a dollar.

Then if like me you decide to plunk down some cash, you'll find that it is a most reasonable offer. And what do you get? YOU GET A LOT !!!!

For one, you'll find that this is universal training. It isn't tied to just our market here in the good ole U.S. of A. You'll find that it works for people in the U.K., Canada, Germany, China, Australia, simply everywhere.

And if you've ever taken an online course at a college, you know how expensive that can be. And you know that you are limited on time and the course will soon end. So you better have your entire schedule clear so that you can concentrate on your studies and nothing but. Otherwise the money will be gone before you know it and so will the training. INO TV gives you an Ivy League education and you can train at your own pace w/o the fear that it will be gone if you happen to get tied up with real life for a few weeks.

Huge Library!
Thats right, you aren't limited to a small selection of seminars. One price gives you access to this whole huge library of trading seminars. When you were in college, did you ever have a teacher that you just didn't get? That no matter how hard you tried you just weren't going to benefit from attending his/her class? Well my friends, that can happen at a seminar too! But with INO TV, if you find that you just don't "get" a particular trainer, guess what? You can search for another trainer on the same topic! They have a functioning search engine that helps you find exactly what you want. And if you aren't the type to use online search tools, the seminars are laid out in a very logical index as well. So you'll be sure to find the education that you want and need!

Real Life Experience
Unlike some college professors who just learn how to teach and the subject they are teaching in college before they themselves start regurgitating it back onto you; the trainers at INO TV are professionals with real life experience. They are some of the most well known traders in the world and they're available to teach you when you are part of INO TV. There are literally experts on every topic!

Eleven Channels
If you are a beginner, this is the best channel to start with. As you wish to learn more specific topics then move onto such channels as Charts & Analysis, Day Trading, Futures/Commodities, Options Trading, and more.

Great Way To Learn About Trading Systems!
Rather than waste lots of money trying this system or that system, you can find out all about trading systems at INO TV. It will help you choose the system that is right for you and eliminate the random chance. Discard all those trading systems spam emails. Go here first, find out about them on INO TV and decide which one is right for you. You could be saving yourself a huge chunk of change in this area alone! Again, that is what my Father calls value.

Help From Real People
This is the first of five promises you get as an INO TV subscriber. It isn't just a web site that is put up there for you to take down information and then have no support system should you need it. It is run and maintained by real people who are accessible to you either by email (the very most other sites ever offer you) or by phone from 9:00 a.m. to 5:00 p.m. EST Monday thru Friday.

He Rested On the 7th Day
As you can tell, when I believe in something, I can be pretty passionate about it in my writing. Zig Ziglar once taught me that you can not truly convince others how good a product/service is unless you yourself use it on a daily basis. I use MarketClub and INO TV six days a week (Mon-Fri, Sun). Unlike God who rested on the 7th day, I do my R&R on Saturdays. Sunday, I'm preparing for the market on Monday.

Have you ever known you can trust someone just by the way they talk? There are those who you know are not selling you something but showing you common sense. Watch this short video and you decide. You'll meet Adam Hewison one of the co-founders of INO TV. Listen closely to his voice and you'll know and hear exactly what I mean.

Take it from me, one of the normal folks out there. If you tend to have a few indulgences in life, you'll not find a more invaluable indulgence than this one!

I have not had the pleasure of meeting as many professional traders as Adam Hewison from INO has. The good thing is that with the free version of INO TV, you can meet four of the world's top traders and have a front row seat to their seminars for free.

As a regular user of the INO TV service, I am a huge fan of professional trader, Linda Raschke. Honestly, I don't know why I put her in a class of her own among the other many amazing seminar authors.
 
It could be that she has had continued success in the trading arena for over two decades. It it could be that I am drawn to her superior presentation skills. It could also be that she is a great role model for young women pursuing a career in finance and/or business.

Ok, ok... I won't play the gender card. I am completely aware that over 91% of you individual traders out there are men. However, no matter what gender you may be you can recognize Linda's trading intellect and appreciate the tips and strategies in her seminar presented in the complimentary version of INO TV.

LindaRaschke

"Classic Indicators - Back to the Future"

About Ms. Raschke:
Besides lecturing to thousands of individual traders in over 18 countries, Linda is a principal trader for several hedge  funds and is president of LBR Group, Inc. She was profiled in Jack Schwager's  book, "The New Market Wizards," and frequently is featured trader in numerous financial publications and on national radio/television programs. Currently she is the vice president of the American Association of Professional Technical Analysts.

Self-directed traders have spent big bucks to learn from Linda, but INO TV is offering one of her lectures for absolutely no cost.

She is one of my INO TV personal favorite trading experts and I hope you will become fond of her as well.

Watch her seminar, "Classic Indicators - Back to the Future" today at no cost on INO TV.

Enjoy Linda's Seminar,

Future1investor