Monthly Archives: December 2011

//December

Reviewing My 2011 Predictions

Last December, in my 2011 Predictions, I mentioned 3 stocks that would double this year and I was 3 for 3! Now I realize that two of them fell apart after they doubled, but if you don't take some profits on a double (no matter what your timeframe is) then you're just a greedy pig [...]

By | December 28th, 2011|

The American Dream

"In 1923, seven men who had made it to the top of the financial success pyramid met together at the Edgewater Hotel in Chicago. Collectively, they controlled more wealth than the entire United States Treasury, and for years the media had held them up as examples of success. Who were they? Charles M. Schwab, president [...]

By | December 22nd, 2011|

A Few Trading Lessons

This past weekend, I wrote that we could see a potential market rally over the near-term. Since then, the market has dropped 3 straight days and none of the stocks on my watch list triggered upside buy alerts. As I mentioned in my post, I have no ego when it comes to the stock market. [...]

By | December 14th, 2011|

5 Reasons A Rally Might Be Coming

1) The number one criteria I use to judge the overall health of the market is STOCKS. We need to see strong fundamental companies building sound technical bases and breaking out on strong volume. We're not quite 100% there yet, but I am noticing more and more trading setups. If they work out, that will [...]

By | December 11th, 2011|

A Little Inspiration

For the past two months, my cousin Essam has battled cancer. I would visit him in the hospital to check on him and cheer him up. Some days he struggled, and other days it looked like he was improving. Unfortunately, the cancer spread too far and our family knew it was only a matter of [...]

By | December 6th, 2011|

So You Want To Be A Trader?

It's really easy, right? Open an online brokerage account, send some money, and fire away. You can start your application now and be on margin within the hour. Sounds like a party, huh? Here are some things to consider: 1) 95% of individual traders lose money over ANY 10-year period. Why? Mainly because most investors [...]

By | December 2nd, 2011|

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