The Art of Successful Trading

By Joe Inman

Trading is considered by many to be the most dangerous event short of war, and like the old saying goes “he who is well prepared has won half the battle.” You are going up against the best and brightest Wall Street has to offer and sometimes it feels they all have one goal, which is to take your money. If this is true, what can you do to survive and prosper in such a demanding profession? First, you must commit to yourself that your goal is not merely to trade but to trade successfully. Successful traders are patient and let the market come to them. It is not in their nature to force a trade. They realize it is better to do nothing unless there is something that should be done. All too often, those who are new to trading will commit the costly sin of overtrading. This occurs most often out of the fear that if they miss this trade opportunity, they may not get another one. Experienced traders realize it is better to miss a trade rather than get into one that only has a marginal chance of success.

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Posted 01:39 PM | Permalink | Comments (0)

Surviving a Bear Market

By Lance Garvin

Whether you are a seasoned investor or just getting started, the question “What do I do in a bear market?” will most likely arise. Some of you may have heard that money can be made in any type of market environment—up, down, or sideways. In this article, I want to briefly talk about a few options you have in a down market that will help you protect your money. Some of them can even make money.

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Posted 08:08 AM | Permalink | Comments (0)

Forbes.com iConference: All-Weather Portfolio Strategies

On May 22, 2008 Forbes.com will hold its first-ever virtual investor conference that is designed to help investors navigate the current turbulent market environment.

Prospering during times of uncertainty takes more than just patience and investor fortitude, it requires smart, actionable investment advice. This day-long online event begins at 10:00 a.m. and goes to 6:00 p.m., and will feature Steve Forbes and an all star panel of investment advisors and experts, including Robert Kiyosaki. The event is free to all investors and is accessible via any Web-connected computer.

In addition to speakers and discussions, you can visit an exhibit hall with booths and information about the sponsors. There is also a resource center, opportunities to network, receive advice through chat rooms and message boards and the opportunity to win prizes just for attending!

Steve Forbes and Robert Kiyosaki will present Stocks, Politics and the Economy: Prudent Strategies for Turbulent Times at 10:15 a.m. to 11:15 a.m.

Click here for more information and to register for this valuable free event.

Posted 08:15 AM | Permalink | Comments (0)

Yesterday’s Bound & Gagged comic strip showed doctors in an operating room with surgeons holding their instruments and one doing a WebMD search on “quadruple bypass.”

The internet has become a resource for all kinds of information, but it’s no substitute for comprehensive training. If you really could find everything you need to know about wealth-building and real estate investing doing searches on the internet, everyone with a computer and modem would be wealthy.

Of course, there are some tremendous training programs available online and Wealth Intelligence Academy offers a growing number of them. These aren’t just reading a few articles—they’re serious, structured programs taught live over a period of time.

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Posted 02:54 PM | Permalink | Comments (0)

In his book, Millionaire Real Estate Mentor, Russ Whitney wrote: “Don’t take financial advice from poor people.” Makes sense, doesn’t it?

So how do the very rich invest their wealth and what can that teach you? Private equity and hedge funds are not the vehicle of choice for many high net worth investors. For details, read Fortune reporter Katie Benner’s article, “How the very rich invest their wealth.”

Jackie

Posted 08:30 AM | Permalink | Comments (0)

If you have an e-mail account, you get them.

Unsolicited e-mails touting the next red-hot stock, always couched in language that might make the unwary believe that this tip is just for them.

Laura Frieder of Purdue University's Krannert School of Management, has one word of advice: Delete.

Continue reading "Beware of spammed stock-touting schemes, warns Purdue University professor" »

Posted 03:03 PM | Permalink | Comments (0)

This blog focuses more on real estate than other types of investing, but Wealth Intelligence Academy also teaches stock trading and other financial and asset protection strategies.

One of our students has set up a blog detailing his experience with our training and coaching. In his post, “Discipline, Patience, and Timing,” he offers a candid assessment on what happens when an investor doesn’t follow his own rules. It’s interesting reading. Enjoy.

Jackie
Chief Blogger
Wealth Intelligence Academy

Posted 10:55 AM | Permalink | Comments (1)