33. How to Trade the Inverted Hammer/Shooting Star Patterns
Produced By: InformedTrades on 02 Jan 2008
Category: Creating Wealth
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)

38. Profit Expectations: What Millionaire Traders Know
Produced By: InformedTrades on 08 Jan 2008
Category: Creating Wealth
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)

Business Tips - Should We Roll Back MA Income Taxes?
Added on: 11 Oct 2007
Category: Taxes
Description: Learn about Roll Back MA Income Taxes in (more...) this video. For more info, visit http:///www.superlativesolution.com/Podcasts.htm (less)

Home Energy Audits
Produced By: moneytalks on 14 May 2008
Category: Savings & Retirement
Description: Free energy audits from your utility (more...) company are a popular way to save up to 30% on your energy bill... but you can always do it yourself! (less)

Taxes: Do You Have to File?
Produced By: moneytalks on 18 Feb 2008
Category: Taxes
Description: Don't you hate filing taxes? Well, (more...) millions of people don't even have to file a return. But if you think that sounds lucky, you might want to think again. (less)

Subprime US Banking Financial Crisis Explained Simply Part 2
Produced By: InformedTrades on 04 Dec 2007
Category: Creating Wealth
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)

Naneu Pro 'Tango' Laptop and Camera Bag
Produced By: GhostLegMedia on 13 Jun 2008
Category: Small Business
Description: Cindy Shebley of Clover City Photo (more...) (www.clovercityphoto.com) demonstrates the Naneu Pro Tango laptop and camera bag - and demonstrates just how much this compact bag can hold. (less)

Business Tips - The South Shore Chamber of Commerce
Added on: 11 Oct 2007
Category: Small Business
Description: Learn the benefits of joining the (more...) largest chamber of commerce in Massachusetts in this video. (less)

Network Marketing vs.Pyramid Scheme..Which one is legit??
Produced By: talfighel on 07 Nov 2008
Category: Creating Wealth
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)

How To Make An Animated Icon for MySpace
Produced By: ocollier on 10 Feb 2008
Category: Creating Wealth
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)

Tax Breaks for Students
Produced By: moneytalks on 08 Oct 2007
Category: Taxes
Description: Life on campus can be taxing. But it (more...) doesn't have to be taxing for those paying the bills. Can you deduct your student's expenses? Let's find out. (less)

Buying Distressed Property - Step by Step
Produced By: moneytalks on 10 Aug 2007
Category: Real Estate
Description: Owning a home may be an American dream, (more...) but it's one with an increasingly expensive price tag. Maybe that's why so many people are trying to learn how to do it at a discount. (less)

Business Tips - Income Tax Reform
Added on: 11 Oct 2007
Category: Taxes
Description: Learn about Income Tax Reform in this (more...) video. For more info, visit http:///www.superlativesolution.com/Podcasts.htm (less)

Business Tips - how to benefit from PR and marketing
Added on: 02 Oct 2007
Category: Small Business
Description: Learn how to benefit from both PR and (more...) marketing in this video. (less)

Business Tips - An Inside Look at the Red Sox Management
Added on: 02 Oct 2007
Category: Small Business
Description: Learn how to have an Inside Look at the (more...) Red Sox Management in this video. For more info, visit http://www.superlativesolution.com/SethMnookin1.htm (less)

Dr. Curtis Carlson: The Five Disciplines of Innovation
Produced By: elientrepreneur on 26 Nov 2008
Category: Small Business
Description: In a recent interview Dr. Curtis (more...) Carlson, President and CEO of The Stanford Research Institute, describes the importance of innovation, entrepreneurship and tapping into the genius of your team (or your students). Among his many achievements, Dr. Carlson started and helped lead the high-definition television (HDTV) program that became the U.S. standard and in 1997 won an Emmy Award for outstanding technical achievement. Another team started and led by Carlson won an Emmy in 2000 for a ... (less)

Business Tips - An Inside Look at the Boston Red Sox Players
Added on: 11 Oct 2007
Category: Small Business
Description: Learn how to have an Inside Look at the (more...) Boston Red Sox Players in this video. (less)

Basic Forex Money Management System
Produced By: fluffysmith on 26 Nov 2008
Category: Personal Finance
Description: http://forex-brotherhood-reviews.com/easyforex.html Basic (more...) Forex Money Management (less)

How to trade Stocks
Produced By: thechartist on 09 Apr 2009
Category: Investing
Description: Answers to frequently asked questions (more...) abot trading and buying stocks bothe short term and long term. (less)

37. Trading Psychology: Think as a Group, Lose Your Money
Produced By: InformedTrades on 07 Jan 2008
Category: Creating Wealth
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)

How to Buy Defaulted Mortgages - Note Buying Profits (.com)
Produced By: notebuyi689 on 13 Sep 2008
Category: Real Estate
Description: http://www.NoteBuyingProfits.com (more...) No-nonsense Note Buying Information. Up-to-date! Hours of FREE Note Buying Training Videos, Free 1-on-1 Coaching Session! Click or Call 718-783-7605 (less)

Business Tips - how to avoid an email scam
Added on: 11 Oct 2007
Category: Small Business
Description: Learn how to avoid be lured by an email (more...) scam. Discusses ways that businesses are particularly vulnerable to these scams in this video. (less)

49. Trading The Martingale and Anti Martingale Strategies
Produced By: InformedTrades on 24 Jan 2008
Category: Credit & Debt
Description: http://www.informedtrades.com A lesson (more...) on the two different categories that position sizing strategies fall into when used in the forex, futures, and stock market. ur last lesson we looked at how most traders pick a standard amount to trade per certain amount of equity in their account and how this probably isn't the best way to maximize profits and minimize losses of a potential strategy. In today's lesson we are going to look at the two categories that most position sizing strategies fall into which are known as martingale strategies and anti martingale strategies. A position sizing strategy which incorporates the martingale technique is basically any strategy which increases the trade size as a trade moves against the trader or after a losing trade. On the flip side a position sizing strategy which incorporates the anti martingale technique is basically any strategy which increases the trade size as the trade moves in the traders favor or after a winning trade. The most basic martingale strategy is one in which the trader trades a set position size at the beginning of his trading strategy and then double's the size of his trades after each unprofitable trade, returning back to the original position size only after a profitable trade. Using this strategy no matter how large the string of losing trades a trader faces, on the next winning trade they will make up all their losses plus a profit equal to the profit on their original trade size. As an example lets say that a trader is using a strategy on the full size EUR/USD Forex contract that takes profits and losses both at the 200 point level (I like using the EUR/USD Forex contract because it has a fixed point value of $1 per contract for mini forex contracts and $10 per contract for full sized contracts but the example is the same for any instrument) The trader starts with $100,000 in his account and decides that his starting position size will be 3 contracts (300,000) and that he will use the basic martingale strategy to place his trades. Using the below 10 trades here is how it would work: example As you can see from the above example although the trader was down significantly going into the 10th trade, as the 10th trade was profitable he made up all the his losses plus a brought the account profitable by the equity high of the account plus original profit target of $6000. At first glance the above method can seem very sound and people often point to their perception that the chances of having a winning trade increase after a string of loosing trades. Mathematically however the large majority of strategies work like flipping a coin, in that the chances of having a profitable trade on the next trade is completely independent of how many profitable or unprofitable trades one has leading up to that trade. As when flipping a coin no matter how many times you flip heads the chances of flipping tails on the next flip of the coin are still 50/50. The second problem with this method is that it requires an unlimited amount of money to ensure success. Looking at our trade example again but replacing the last trade with another loosing trade instead of a winner, you can see that the trader is now in a position where, at the normal $1000 per contract margin level required, he does not have enough money in his account to put up the necessary margin which is required to initiate the next 48 contract position. Example So while the pure martingale strategy and variations of it can produce successful results for extended periods of time, as I hope the above shows, odds are that it will eventually end up in blowing ones account completely. With this in mind the large majority of successful traders that I have seen follow anti martingale strategies which increase size when trades are profitable, never when unprofitable, and these are the methods which I will be covering starting in tomorrow's lesson. (less)

Business Tips - Complying with export regulations
Added on: 11 Oct 2007
Category: Small Business
Description: Learn about how companies need to be (more...) aware of government compliance regulations in order to export goods and services abroad in this video. (less)

Sample Business Plan Overview and Purchase Tutorial
Produced By: elearning on 25 Jan 2007
Category: Small Business
Description: BusinessPlanWorld.com - Tutorial (more...) Topics: Topic 1: Sample business plans include: Bed and Breakfast, Bookstore, Restaurant, Youth Centre, Rough Collie Kennel, Nightclub, Video Store and Confectionary. Topic 2: How to purchase a sample business plan BusinessPlanWorld.com - Tutorial Topics: Navigating the MS Excel Tabs About What will be covered in this tutorial: Navigating the MS Excel Tabs About the Start Up Costs Startup Costs and Balance Sheet Relationship Project Costs and Owners Investment About the Balance Sheet Disclose everything do not hide any debt About the cashflow About Financial Leading Indicators About Sales to Debt Ratio Where to find financial leading indicators How to edit the Cashflow How to use Paste Link in MS Excel The Cashflow and Income Statement relationship How to generate your income statement How to forecast income statement Y1 and Y2 Tips on changing the spreadsheets ------------------------- For more information visit: http://www.businessplanworld.com (less)