Stocks & Mutual Funds Information

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E-mini Day Trading - Day Trading for Beginners - Stock Market Timing Software


I mean it when I say that. While plastic silverware is fine for picnics and parties, it is totally inappropriate in a surgeon's hand with an open brain in front of him. Not only are plastic forks built incorrectly to perform delicate surgery, their cheap construction may actually cause further injury to the patient. I don't know about you, but I sure wouldn't want someone prodding around inside my head with one of those things!

Ok, I'm joking. The truth of the matter is that you already knew that plastic forks were not meant to be used for brain surgery. It was obvious. In fact, it was so obvious that it seemed silly when I told it to you.

You might have even laughed.

But what if I told you that - right now - you are doing almost the exact same thing as a surgeon operating with a plastic fork? Something just as inappropriate and just as harmful from a financial point of view. I'm not joking any more. Let me tell you what I mean.

Your current charting software probably has a bunch of technical indicators built into it. Moving averages, RSI, Stochastics. There are hundreds of them. Thousands of traders rely on these tools every day to help them make investment decisions. (And thousands of traders blow out their accounts each day, too.) What these traders probably don't realize is that if those tools were people, they would be dead by now.

Yes, those indicators are old. In fact they're dinosaurs. They were invented in the days before computers even existed. Even before calculators were around! They were designed to be calculated by hand, using simple formulas and daily closing prices. Add some numbers up and divide by something else. Any elementary school student can easily calculate any of those indicators in only a few short minutes. We're talking kindergarten math here.

Modern Technology
With today's trading computers running at Gigahertz speeds, don't you think that it's time traders started using some more advanced formulas in their trading? There's no reason to keep things so simple anymore. We've got the speed and the power to calculate anything we could possibly ever want to, so why are all these charting programs stuck with the caveman tools?

Details...
http://kv.iwarp.com/wave.html

Kigo Kare
Stock Broker of long standing

 

MORE RESOURCES:

Law School to Provide Tax Help
Inside INdiana Business (press release), IN - Jan 5, 2009
Taxpayers with annual income of $42000 or less are eligible for the help if they have not received income from the sale of stocks, mutual funds or homes or ...


Valparaiso University law school to provide tax help
nwitimes.com, IN - Jan 5, 2009
Taxpayers with annual income of $42000 or less are eligible for the help if they have not received income from the sale of stocks, mutual funds or homes or ...


$72 billion was pulled from market in October
The Tennessean, TN - Dec 24, 2008
By ES Browning • THE WALL STREET JOURNAL • December 24, 2008 One of the hallmarks of the long market downturns in the 1930s and the 1970s has returned: ...


New Money features for you
USA Today - Dec 15, 2008
They include: •Year-to-date returns for stocks, mutual funds and exchange-traded funds (ETFs). These can be found by entering the name or ticker symbol in ...


Like other stocks, mutual funds show heavy losses during 2008
LubbockOnline.com, TX - Dec 27, 2008
By Tim Paradis | AP NEW YORK - There was one safe bet that mutual fund investors could make in 2008 - that the stock market was a place to lose a lot of ...


High school investments team wins game
Greenwich Post, CT - Jan 4, 2009
The Greenwich High School investment course is more akin to a college-level course covering stocks, mutual funds, bonds and other securities. ...


Be wary of US treasury bonds in 2009
Stockhouse, Canada - Jan 5, 2009
They pulled money out of stocks, mutual funds, money market accounts, even bank savings accounts and CD’s, and poured it into US T-bills and bonds at a ...


Value? Growth? Both!
Motley Fool - Jan 2, 2009
The distinction between value and growth stocks is such a bedrock assumption that Morningstar routinely classifies stocks, mutual funds, and ETFs as one or ...


City pension funds may cost taxpayers
Allentown Morning Call, PA - Jan 4, 2009
... the crumbling economy has pummeled Allentown's pension funds, which rely on stocks, mutual funds, real estate and other investment tools for growth. ...


A better bailout alternative
American Thinker, WA - Dec 18, 2008
Any type of funds may be used: CDs, bonds, stocks, mutual funds, cash, money market funds. - IRA owners can contribute any percentage of their qualified ...

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