30. How to Trade the Bullish/Bearish Engulfing Candlesticks
Produced By: InformedTrades on 27 Dec 2007
Tags: how to daytrade stocks (more...)howto trade candlestick investing money finance forex futures stock market informedtrades (less)
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Bullish and Bearish Engulfing Candlestick Chart Patterns for active traders and investors using technical analysis in the stock, futures, and forex markets. (less)

How to Make A Teleprompter
Produced By: ocollier on 28 Jan 2008
Tags: teleprompter home made video (more...)camera do it yourself how to make (less)
Description: http://www.otiscollier.com The software (more...) is called Ultra Prompter and it's freeware. Just run a search on Google. We made our own teleprompter! Guys, this video is awesome. I went over to my best friend's house, Sequester McKinney and he showed me his home-made desktop teleprompter. Quest has been telling me that I had to come over and see it in action. And boy am I glad I did. You can actually use a flat screen monitor or use your laptop to achieve the same effect. How To Make A Teleprompter (less)

41. How to Use the Average True Range (ATR) To Set Stops
Produced By: InformedTrades on 11 Jan 2008
Tags: howto trade Averagetruerange ATR (more...)daytrade investing money finance business forex futures stock market informedtrades (less)
Description: http://www.informedtrades.com/ A lesson (more...) on how to include volatility in setting for traders of the stock, futures, and forex markets. In our last lesson we looked at determining how much you are willing to risk on any one trade as the first step in developing a successful money management strategy. Now that we have established this, in today's lesson we are going to look at some of the different ways that you can then set your stop, which fit within this initial criteria. As we learned in last lesson, risking more than 2% of total trading capital on any one trade is a major reason for the high failure rate of most traders. Does this mean that when setting a stop we should simply figure out how many points away from our entry represents 2% of our account balance and set the stop there? Well, traders could obviously do this and to be honest it would probably be a lot better than most of the other money management strategies I have seen, but there better ways. Although many traders will look at other things in conjunction, having an idea of the historical volatility of the instrument you are trading is always a good idea when thinking about your stop loss level. If for instance you are trading a $100 stock which moves $5 vs. a $100 stock that moves $1 a day on average, then this is going to tell you something about where you should place your stop. As it is probably already clear here, all else being equal, if you put a stop $5 away on both stocks, you are going to be much more likely to be stopped out on the stock which moves on average $5 a day than you are with the stock that moves on average $1 a day. While I have seen successful traders who get to know a list of the things they are trading well enough to have a good idea of what their average daily ranges are, many traders will instead use an indicator which was designed to give an overview of this, which is known as the Average True Range (ATR) Developed by J. Welles Wilder the ATR is designed to give traders a feel for what the historical volatility is for an instrument, or very simply how much it moves. Financial instruments that exhibit high volatility move a lot, and traders can there fore make or lose a lot of money in a short period of time. Conversely, financial instruments with low volatility move a relatively small amount so it takes longer to make or lose money in them all else being equal. As with many of the other indicators we have studied in previous lessons, Wilder uses a moving average to smooth out the True Range numbers. When plotted on a graph it looks as follows: What you are basically seeing here is a representation of the daily movement of the EUR/USD. As you can see when the candles are longer (which represents large trading ranges and volatility) the ATR moves up and when the candles are smaller (representing smaller trading ranges and volatility) it moves down. So with this in mind, the most basic way that traders use the ATR in setting their stops is to place their stop a set number of ATR's away from their entry price so they have less of a chance of being knocked out of the market by 'market noise'. That's our lesson for today. In tomorrow's lesson we are going to look at how you can use volatility based stops in conjunction with another method traders use for setting stops based on technical levels so we hope to see you in that lesson. As always if you have any questions or comments please leave them in the comments section below so we can all learn together and good luck with your trading! (less)

Updating WordPress Themes | Tutorial #9
Produced By: ocollier on 19 Mar 2008
Tags: wordpress designs plugins templates (more...)themes websites (less)
Description: http://www.otisteaches.com/tutorials/updating-wordpress-themes-tutorial-9/ Congratulations! (more...) Your WordPress blog is up and running. But wait... it looks ugly as heck doesn't it?!!! So what can we do to drastically improve the look and feel of our blog so that it appears professional? Well we can update our theme. Fundamentally, the WordPress Theme system is a way to 'skin' your weblog. Yet, it is more than just a 'skin.' Skinning your site implies that only the design is changed. WordPress Themes can provide much more control over the look and presentation of the material on your website.More... A WordPress Theme is a collection of files that work together to produce a graphical interface with an underlying unifying design for a weblog. These files are called template files. A theme modifies the way the site is displayed, without modifying the underlying software. Otis Collier Personal Success Coach (less)

20. How to Trade the MACD Indicator Like a Pro Part 1
Produced By: InformedTrades on 16 Dec 2007
Tags: MACD Howto trade daytrading (more...)forexmarket stockmarket investing money finance technical analysis informedtrades (less)
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Moving Average Convergence Divergence (MACD) in the stock, futures, and forex markets. The indicator, which was developed by Gerald Appel, is constructed by taking a 12 period exponential moving average of a financial instrument and subtracting its 26 period exponential moving average. The resulting line is then plotted below the price chart and fluctuates above and below a center line which is placed at value zero. A 9 period EMA of the MACD line is normally plotted along with the MACD line and used as a signal of potential trading opportunities in the stock, futures and forex markets. When the MACD line is above zero this tells the trader that the 12 period exponential moving average is trading above the 26 period exponential moving averages. When the MACD line is below zero this tells the trader that the 12 period exponential moving average is below the 26 period exponential moving average. Traders will watch the MACD line as when it is above zero and rising this is a sign that the positive gap between the 12 and 26 EMA's is widening, a sign of increasing bullish momentum in the financial instrument they are analyzing. Conversely when the MACD line is below zero and falling this represents a widening in the negative gap between the 12 and 26 day EMA's, a sign of increasing bearish momentum in the financial instrument they are analyzing. The purpose of the 9 period exponential moving average line is to further confirm bullish changes in momentum when the MACD crosses above this line and bearish changes in momentum when the MACD crosses below this line. Example of the Signal Line Lastly many traders and charting packages will plot a histogram along with the MACD which is representative of the distance between the MACD and its signal line. When the MACD histogram is above zero (the MACD line is above the signal line) this is an indication that positive momentum is increasing. Conversely when the MACD histogram is below zero this is an indication that negative momentum is increasing. When the MACD histogram is above zero (the MACD line is above the signal line) this is an indication that positive momentum is increasing. Conversely when the MACD histogram is below zero this is an indication that negative momentum is increasing. The higher or lower the histogram goes above or below zero the greater the momentum of the trend is thought to be. That completes this lesson. You should now have a good understanding of the different components that make up the MACD indicator. In our next lesson we are going to go over some of the different ways that traders use the MACD in their trading so we hope to see you in that lesson. As always if you have any questions or comments please leave them in the comments section below, and have a great day! (less)

31. How to Trade the Hammer Hanging Man Candlesticks
Produced By: InformedTrades on 28 Dec 2007
Tags: howto trade candlestick hammer (more...)hangingman daytrade investing money finance forex futures stockmarket informedtrades (less)
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Hammer and Hanging Man Candlestick Chart Patterns for active traders and investors in the forex, futures, and stock markets. Like the Spinning Top and Doji which we have studied in previous lessons, the Hammer candlestick pattern is made up of one candle. The candle looks like a hammer as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick. In order for a candle to be a valid hammer most traders say the lower wick must be two times greater than the size of the body potion of the candle, and the body of the candle must be at the upper end of the trading range. When you see the Hammer form in a downtrend this is a sign of a potential reversal in the market as the long lower wick represents a period of trading where the sellers were initially in control but the buyers were able to reverse that control and drive prices back up to close near the high for the day, thus the short body at the top of the candle. After seeing this pattern form in the market most traders will wait for the next period to open higher than the close of the previous period to confirm that the buyers are actually in control. Two additional things that traders will look for to place more significance on the pattern are a long lower wick and an increase in volume for the time period that formed the hammer. Chart Example The Hanging Man Picture The Hanging Man is basically the same thing as Hammer formation but instead of being found in a downtrend it is found in an uptrend. Like the Hammer pattern, the Hanging man has a small body near the top of the trading range, little or no upper wick, and a lower wick that is at least two times as big as the body of the candle. Unlike the Hammer however the selling pressure that forms the lower wick in the Hanging Man is seen as a potential sign of more selling pressure to come, even though the candle closed in the upper end of its range. While the lower wick of the Hammer represents selling pressure as well, this is to be expected in a downtrend. When seen in an uptrend however selling pressure is a warning sign of potential more selling pressure to come and thus the categorization of the Hanging Man as a bearish reversal pattern. As with the Hammer and as with most one candle patterns most traders will wait for confirmation that selling pressure has in fact taken hold by watching for a lower open on the next candle. Traders will also place additional significance on the pattern when there is an increase in volume during the period the Hanging Man forms as well as when there is a longer wick. Chart Example That completes our lesson for today. In our next lesson we will look at two additional reversal patterns which are known as the Inverted Hammer and The Shooting Start Candlestick Patterns so we hope to see you in that lesson. As always if you have any questions or comments please leave them in the comments section below, and good luck with your trading! (less)

Connect MySQL to WordPress | Tutorial #7
Produced By: ocollier on 19 Mar 2008
Tags: database mysql download hosting (more...)tutorial web php what is WordPress otis collier (less)
Description: http://www.otisteaches.com/tutorials/connect-mysql-to-wordpress-tutorial-7/ We (more...) are almost finished. Our next step is to create a MySQL database and then connect it to your WordPress files. I know that probably sounds challenging. You are probably saying to yourself, 'Create a database? I don't know the first thing about creating a database. That sounds difficult.' Let me ask you three questions:More... 1. Do you trust me? 2. Haven't the videos up to this point been easy to follow and understand? 3. Then why do you think this task will be any different? Creating a MySQL database will be one of the easiest tasks in this entire series. Once you have completed this task, there should be nothing else standing in your way from completing everything else. It's down hill from here. Otis Collier Personal Success Coach (less)

36. Two Trading Mistakes Which Will Distroy Your Account
Produced By: InformedTrades on 04 Jan 2008
Tags: howto trade psychology of (more...)trading daytrade investing money finance business forex futures stock market informedtrades (less)
Description: http://www.informedtrades.com/ A (more...) lesson on two of the most common mistakes that traders make when trading the stock, futures and forex markets. One of the most common mistakes is sticking in a trade where you know you are right in your analysis, but the market continues to move against you. As the famous economist John Maynard Keynes once said: 'The markets can remain irrational longer than you can remain solvent' Perhaps one of the best examples of this are those who shorted the NASDAQ into the runup in 1999 and early 2000. At the time it was pretty obvious that from a value standpoint NASDAQ stocks were way overvalued and that people's expectations for growth that they were buying on were way out of line with reality. There were many great traders at the time who recognized this and began shorting the NASDAQ starting in late 99. As you can see from the below chart and the huge sell off that ensued after the peak in 2000, these traders were right in their analysis. Unfortunately for many of them however stocks continued to run up dramatically from already overvalued points in late 99 wiping out many of these traders who would eventually be proved correct. So as we learned about in last lesson, people's strong desire to be right will often times keep them in trades that they should have moved on from even though the market may eventually prove them correct. For those traders who are able to initially move on from trades where they feel they are correct but the market moves against them, another common theme which arises is for a trader to initially stick to his plan, but after being proved correct and missing out on gains he becomes frustrated and deviates from his plan so that he will not miss out on another profitable opportunity. One place of many where I have seen this time and time again is when watching traders who trade reversals at support or resistance levels. Many times when the market touches a support or resistance level it will have a brief spike upwards or downwards which hits the stops of a trader looking to profit from the reversal, taking him out of the market just as it turns in his favor. Because many traders think a like, often times the level at which the trader is taken out of the market is right at his stop level as well. After this happens once or twice to a trader he will then stop placing hard stops in the market and instead convince himself that he will manage the trade if it moves against him. This may work a few times for the trader giving him more confidence in the strategy until the market does finally break. As we have learned about in previous lessons often times when the market breaks significant support or resistance levels it will break violently to the point where the trader in the above situation is quickly down a large amount on his trade. Typically what will happen at this point is instead of taking the big loss, learning his lesson, and moving on the trader will remain in the position or worse add to it with the hopes that the market will turn back in his favor. If the trader gets lucky and the market does turn back in his favor this only goes to support this bad habit which will eventually knock him out of the market. Successful traders realize that situations such as the above occur constantly in the market and that one of the main things that separates successful traders from unsuccessful ones is their ability to accept this, stick to their strategy, accept that loosing trades are a part of trading, and move onto the next trade when the market does not move in their favor. That's our lesson for today. In our next lesson we are going to look at another major part of trading psychology which is related to not wanting to take losses which is people's desire to follow the crowd. As always if you have any questions or comments please post them in the comments section below so we can all learn to trade together, and good luck with your trading! (less)

Subprime US Banking Financial Crisis Explained Simply Part 2
Produced By: InformedTrades on 04 Dec 2007
Tags: subprime mortgage crisis housepricecrash (more...)sub-prime cdo stockmarket financial (less)
Description: http://www.informedtrades.com/ The (more...) 2nd lesson in a 3 part series examining the sub prime mortgage US Banking crisis and how this has affected the economy and different financial institutions around the world. (less)

27. How to Trade the Parabolic SAR - Stocks, Futures, Forex
Produced By: InformedTrades on 26 Dec 2007
Tags: howto trade ParabolicSAR daytrade (more...)investing oney finance business forex futures stock market informedtrades (less)
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Parabolic Stop and Reversal (SAR) indicator for traders of the forex, futures, and stock markets. In our last lesson we learned about the Average Directional Index (ADX) an indicator which helps traders determine the strength of trends in the market. In today's lesson we are going to look at another indicator called the Parabolic Stop and Reversal (Parabolic SAR), which helps traders enter and manage positions when trading those trends. The Parabolic SAR is an indicator that, like Bollinger bands is plotted on price, the general idea of which is to buy into up trends when the indicator is below price, and sell into downtrends when the indicator is above price. Once traders are in positions the indicator also assists in managing the position by providing guidance as to how one should trail their stop. Example of the Parabolic SAR While this is an indicator that works very well in trending markets, as you can see from the below chart simply following the basic be long when the indicator is below price and be short when the indicator is above price will lead to many whipsaws in range bound markets. Example of Whipsaws in Range Bound Markets To combat this problem the developer of the indicator J. Welles Wilder (who also developed the RSI and ADX) recommended establishing the strength and direction of the trend first through the use of things such as the ADX, and then using the Parabolic SAR to trade that trend. As mentioned above although the Parabolic SAR is used for both entering and managing positions, it is used far more to set stops once in a position. As with the other indicators we have covered in past lessons it is recommended to use this indicator in conjunction with other methods of analysis for confirmation not only on trade entry but also on trade exit. Example: That's our lesson for today. While my lessons are by no means exhaustive on the subject this also concludes my series on technical indicators. If you are interested in learning more about the indicators that we have studies as well as some of the other indicators that traders use, I encourage you to visit the technical indicators section of informedtrades.com. In our next lesson we will finish up our series on technical analysis by taking a deeper look at candlestick chart patterns and how one can use these in their trading. As always I encourage you to participate in the community by posting your comments and questions below, and have a great day! (less)

The New Way to AutoPlayYouTube Videos : Embed Code Changes
Produced By: ocollier on 01 Mar 2008
Tags: autoplay auto play autostart (more...)start youtube videos embed code change (less)
Description: http://www.otiscollier.com If you (more...) haven't noticed, YouTube made some changes to their embed code. If you were looking at an older video where I showed you how to autostart your videos, that process no longer works. This is the new way to autostart your YouTube videos. autoplay autostart auto play auto start youtube videos embed code does not work automatically start automatically play autoplay autostart auto play auto start youtube videos embed code does not work automatically start automatically play (less)

38. Profit Expectations: What Millionaire Traders Know
Produced By: InformedTrades on 08 Jan 2008
Tags: howto trade psychology of (more...)trading daytrade investing money finance business forex futures stock market informedtrades (less)
Description: http://www.informedtrades.com/ A (more...) lesson on how most traders have unrealistic profit expectations which cause them to lose all their money and what realistic profit expectations are when trading the stock, futures or forex markets. The first step in understanding and building a solid money management plan, the key component in successful trading, is setting realistic profit expectations. All too often I see people open trading accounts with balances of $10,000 or under expecting to make enough money to support themselves from their trading profits within a short period of time. After seeing all of the hype that is out there surrounding most trading education, trading signal services, etc it is no wonder that people think this is a reasonable goal, but that does not make it a realistic one. As most any truly successful trader will tell you, the stock market has averaged somewhere in the neighborhood of 10% a year over the last 100 years. What this basically means is that if you would have invested in the 30 stocks that make up the Dow Jones Industrial Average, the index which is designed to represent the overall market, you would have earned about 10% on your money on average over the last 100 years. With this in mind, what most any truly successful trader will also tell you, is that if you can consistently double that return, on average, over the long term, then you will be considered among the best traders out there. (less)

How To Make An Animated Icon for MySpace
Produced By: ocollier on 10 Feb 2008
Tags: animated icon myspace youtube 
Description: http://www.myspace.com/otiscollier In (more...) this video, I am going to show you how to create an animated icon from video. May not work for YouTube because of gif size. This is a great video tutorial that teaches you how to add an animated icon to your MySpace profile. I tried to do it on my YouTube profile but the file size was too large; even when I shorten it to 3 seconds. I will let you know if I come up with a solution for YouTube. For now, this works great with MySpace. This is an excellent way for your profile to stand out on MySpace. People will definitely click on your image to view your profile simply because it is different from the norm. Please let me know how much you enjoyed this tutorial by visiting my YouTube channel and voting on the video. (less)

33. How to Trade the Inverted Hammer/Shooting Star Patterns
Produced By: InformedTrades on 02 Jan 2008
Tags: howto trade shootingstar invertedhammer (more...)candlestick daytrade investing money forex futures stock market informedtrades (less)
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Inverted Hammer and Shooting Star Candlestick Chart Patterns for active traders and investors using technical analysis in the stock, futures, and forex markets. In our last lesson we learned about the Morning and Evening Star Candlestick Patterns. In today's lesson we are going to wrap up our series on candlestick patterns with a look at the Inverted Hammer and the Shooting Star candlestick patterns. The Inverted Hammer As its name implies, the inverted Hammer looks like an upside down version of the Hammer pattern which we learned about several lessons ago. Like the Hammer Pattern, the Inverted Hammer is comprised of one candle and when found in a downtrend is considered a potential reversal pattern. The pattern is made up of a candle with a small lower body and a long upper wick which is at least two times as large as the short lower body. The body of the candle should be at the low end of the trading range and there should be little or no lower wick in the candle. What the pattern is basically telling us is that although sellers ended up driving price down to close near to where it opened, buyers had significant control of the market at some point during the period which formed the long upper wick. This buying pressure during the downtrend calls the trend into question which is why the candle is considered a potential reversal pattern. Like the other one candle patterns we have learned about however, most traders will wait for a higher open on the next trading period before taking any action based on the pattern. Most traders will also look at a longer wick as a sign of a greater potential reversal and like to see an increase in volume on the day the Inverted Hammer Forms. The Shooting Star pic The Shooting Star looks exactly the same as the Inverted Hammer, but instead of being found in a downtrend it is found in an uptrend and thus has different implications. Like the Inverted Hammer it is made up of a candle with a small lower body, little or no lower wick, and a long upper wick that is at least two times the size of the lower body. The long upper wick of the pattern indicates that the buyers drove prices up at some point during the period in which the candle was formed but encountered selling pressure which drove prices back down for the period to close near to where they opened. As this occurred in an uptrend the selling pressure is seen as a potential reversal sign. When encountering this pattern traders will look for a lower open on the next period before considering the pattern valid. As with the Inverted Hammer most traders will see a longer wick as a sign of a greater potential reversal and like to see an increase in volume on the day the Shooting Star forms. Chart That completes this lesson and wraps up our series on candlestick chart patterns. In our next lesson we are going to start a new series with a look at Money Management and how this applies to profitable trading so we hope to see you in that lesson. (less)

HOW TO MAKE MONEY ONLINE FOR FREE
Produced By: philipk31 on 26 Nov 2008
Tags: free how to make (more...)money online home business affiliate marketing inspirational making scams blogging adsense youtube myspace facebook social networking funny lil wayne (less)
Description: realeasycash.ws email me at (more...) philipk31@gmail.com if you have any questions YOU HAVE NOTHING TO LOSE ITS FREE Make money online free- NO Buying Make money online free- No Selling Make money online free- NO Buying Make money online free- No Selling Make Money Online WITHOUT SCAMMING Make money online free- NO Buying Make money online free- No Selling Make Money Online WITHOUT SCAMMING Make money online free- NO Buying Make money online free- No Selling Make Money Online WITHOUT SCAMMING (less)

WordPress Back Office Tour | Tutorial #12
Produced By: ocollier on 19 Mar 2008
Tags: Blogroll wordpress backoffice Wordpress (more...)comments dashboard presentation users (less)
Description: http://www.otisteaches.com/tutorials/wordpress-back-office-tour-tutorial-12/ Okay, (more...) everything is up and running and should be humming. This video will give you a quick tour of the WordPress back office. You will be living in the back office so you should familiarize yourself with it. (less)

42. How to Up Your Chances for Profit When Setting Stops
Produced By: InformedTrades on 14 Jan 2008
Tags: howto trade Support and (more...)Resistance settingstops daytrade investing money forex futures stock market informedtrades (less)
Description: http://www.informedtrades.com/ A lesson (more...) on how to incorporate technical analysis in identifying support and resistance and incorporating this into setting your stop loss when trading the stock, futures, and forex markets. In our last lesson we learned about the Average True Range (ATR) and how traders use this to get an idea of the volatility in the market so they can incorporate this into their stop levels. In today's lesson we are going to add an additional factor that most traders consider important when setting stops, support and resistance. As we have learned in previous lessons many traders will use technical analysis to determine where support and resistance is in the market, and look for trading opportunities based on what that chart analysis tells them. In addition to using technical analysis to find support and resistance levels in which trades can be entered, many successful traders also use this method of analysis to determine where their stops should be placed. One of the most popular methods which we have touched on in previous lessons where many traders use support and resistance in their trading is when trading ranges in the market. Many traders favor ranges, as they provide traders with the ability to enter trades with tight stop losses and much larger potential returns. The reasoning here is that traders can enter a trade just below resistance or just above support in the range, place their stop just outside that level and then their profit target at the other end of the range. Generally the distance between the stop level is much shorter than the distance between the other end of the range, providing traders with a great opportunity for a relatively low risk and potentially high reward trade. Chart Example This is also another example of using tech levels (the bottom and top of the range) to place trades and set stops. Often times however as many traders are employing this type of strategy, the market will jump up or down above/below the resistance/support level stopping traders out of trades before quickly reversing and moving in the favor of the traders original entry price. Because of this traders are faced with the delema of how far to place there stop outside of the range that they are trading, so that they can be in a position where they are protected but are less likely to be stopped out on market spikes. One way that this can be done is by incorporating the ATR. Although the example above shows 1 ATR as the level at which the stop is placed outside of the range. That number could be a percentage such as 50% of the ATR or any other multiple of the ATR such as 2 ATR's outside the range, depending on the traders timeframe, profit target, and strategy. To finish off this example we now have several components which make up a basic strategies for placing stops based on technical levels and can now analyze the feasibility of one of the trades here to see if it fits all of our criteria. (less)

28. How to Trade Candlestick Chart Formations Part 1
Produced By: InformedTrades on 26 Dec 2007
Tags: how to daytrade stocks (more...)howto trade candlestick investing money finance forex futures stockmarket informedtrades (less)
Description: http://www.informedtrades.com The (more...) first lesson in a series on how to trade candlestick chart patterns for traders of the futures, forex, and stock markets. (less)

Get A Free Domain Name for One Year No Obligations
Produced By: ocollier on 29 Feb 2008
Tags: domain name free hosting (more...)godaddy register.com (less)
Description: http://www.otiscollier.com/freedomain In (more...) an earlier video, I shared with you how to get free hosting ( http://www.otiscollier.com/freehosting ). Now in this video, I am going to show you how to get a free domain for one year without any obligation. (less)

37. Trading Psychology: Think as a Group, Lose Your Money
Produced By: InformedTrades on 07 Jan 2008
Tags: howto trade psychology of (more...)trading daytrade investing money finance business forex futures stock market informedtrades (less)
Description: http://www.informedtrades.com/5712-video-review-dr-alexander-elders-book-trading-living.html A (more...) lesson on crowd psychology and how it relates to trading the stock, futures, and forex markets. The best summary that I have seen on this subject, as well as a great book on trading in general is Dr. Alexander Elder's book Trading for a living. As the Trader and Psychologist points out in his book, people think differently when acting as part of a crowd than they do when acting alone. Dr Elder points out that 'People change when they join crowds. They become more credulous, impulsive, anxiously search for a leader, and react to emotions instead of using their intellect.' In his book Dr. Elder gives several examples of academic studies which have been done which show that people have trouble doing simple tasks such as choosing which line is longer than the other when put in a situation with other people who were instructed to give the wrong answer. Perhaps no where is the strange effect is the psychology of crowds seen than in the financial markets. One of the more recent examples as I have spoken about in my other lessons of the effect that the psychology of crowds can have on the markets is the run-up of the NASDAQ into 2000. As you will find by pulling out the history books however, this is not an isolated incident as financial history is littered with similar price bubbles created and then destroyed in the same way as the NASDAQ bubble was. So why does history continue to repeat itself? As Dr. Elder points out in his book, from a primitive standpoint chances of survival are often much higher as part of a group than they are alone. Similarly war's are often one by militaries with the strongest leaders. It is thus only natural to think that human's desire to survive would breed a desire to be part of a group with a strong leader into the human psyche. So how does this relate to trading? Well as we learned in our lessons on Dow Theory, the price is representative of the crowd and the trend is representative of the leader of that crowd. With this in mind think about how difficult it would have been to short the NASDAQ at the high's in 2000, just at the height of the frenzy when everyone else was buying. In hindsight you would have ended up with a very profitable trade but, had the trade not worked out, people would have asked how could you have been so dumb to sell when everyone else knew the market was going up? Now think about all the people who held on to their positions and lost tons of money after the bubble burst in 2000. As they had lots of company there were probably not a whole lot of people who were laughing at them. Yes they were wrong but how could they have known when so many others were wrong too? By looking at this same example, you can also see how panic selling often ensues after sharp trends in the market as this is representative to a crowd whose leader has abandoned them. In order to trade successfully people need a trading plan which is designed before entering a trade and becoming part of the crowd so they can fall back on their plan when the emotions which are associated with being part of a crowd inevitably arise. Successful traders must also realize that there is a time to run with the crowd and a time to leave the crowd, a decision which must be made by a well thought out trading plan designed before entering a trade. That completes our lesson for today and our lessons on the psychology of money management. In tomorrow's lesson we are going to begin looking at different strategies which can be used to manage a trade once you have entered, which many traders also use to help remove some of the negative emotional effects of trading as part of a crowd. As always if you have any questions or comments please leave them in the comments section below so we can all learn to trade together, and good luck with your trading! (less)

Installing Wordpress Plugins | Tutorial #10
Produced By: ocollier on 19 Mar 2008
Tags: best wordpress plugins free (more...)top for navigation otis collier (less)
Description: http://www.otisteaches.com/tutorials/installing-wordpress-plugins-tutorial-10/ Now (more...) that you've got your WordPress blog looking good, isn't it time to go up under the hood and tweak it a little bit so we can get more power out of it? Introducing WordPress plugins. These are little script add ons that take your WordPress blog to the next level. Everything from e-commerce plugins to photo gallery plugins exists. If there's something you wish you could do with your WordPress blog, there's probably a plugin that does it. Otis Collier Personal Success Coach (less)

Fitness Marketing Tips From Dax Moy
Produced By: daxmoy on 13 Nov 2008
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Description: http://www.personaltrainersuccessacademy.com Join (more...) Dax Moy from Personal Trainer Success Academy as he delivers this unusual yet extremely powerful fitness marketing tip (less)

SHOCKING TRUTH!!! Anyone can make money online.
Produced By: ocollier on 07 Apr 2008
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Description: http://www.otiscollier.com/silentmoney You (more...) want to know the truth? Anyone can make money online if they simply apply a little bit of effort. How much effort? How about taking three minutes to complete a form and earn $25. Take another 10 minutes to make a silent video and earn another $500 for referring people. Making money online has never been easier than this. Typically, what you put into it is what you get out of it. To make money online, you have to apply yourself. Find your niche, and run with it. How To Make Money Online lockergnome money making adsense google paypal tech tv video How To Make Money Online scam scamming freemoneyonline There is a *BETTER WAY* to get more quality mlm leads than you can possible handle by simply making video's and putting them on youtube. Ways to Make Money OnlineMake Money Free OnlineMaking Money OnlineEarn Money OnlineTeens (Youtube)Make Money OnlineOpportunities to Make Money OnlineFree Online WorkFree Websites Make(Youtube) MoneyWin Money OnlineSend Money Online making money online make mlm network marketing affiliate ebay google adwords blogs(Youtube) adsense making money online make mlm network marketing affiliate ebay google adwords(Youtube) blogs adsense making money online make mlm network marketing affiliate ebay google adwords (Youtube) blogs adsense making money online make mlm network marketing affiliate ebay (Youtube) google adwords blogs adsense making money online make mlm network marketing (Youtube) affiliate ebay google adwords blogs adsense (Youtube) making money online make mlm network marketing affiliate ebay google adwords blogs (Youtube) adsense making money online make mlm network marketing affiliate ebay google adwords (Youtube) blogs adsense making money online make mlm network marketing affiliate ebay google adwords blogs (Youtube) adsense making money online (Youtube) make mlm network marketing affiliate ebay google adwords blogs adsense making money online (Youtube) make mlm network marketing affiliate ebay google adwords blogs adsense (Youtube) making money online make mlm network marketing affiliate ebay google adwords blogs (Youtube) adsense making money online make mlm network marketing affiliate ebay google adwords blogs(Youtube) adsense making money online make mlm network marketing affiliate ebay google adwords blogs adsense(Youtube) (less)

10. How to Trade the Head and Shoulders Pattern Part 2
Produced By: InformedTrades on 06 Dec 2007
Tags: howto daytrade investing trading (more...)forexmarket stockmarket futures market informedtrades (less)
Description: http://www.informedtrades.com/ The 4th (more...) lesson in a series on charting patterns which looks at how to trade the head and shoulders pattern and the reverse had and shoulders pattern for daytraders in the stock market, futures market, and forex market. (less)

Network Marketing vs.Pyramid Scheme..Which one is legit??
Produced By: talfighel on 07 Nov 2008
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Description: Go to http://www.geneteamreview.com/ For (more...) a Legitimate Network Marketing Opportunity. In this video I am explaining why is the Network marketing business a legitimate biz and why a pyramid scheme is not. (less)