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12/29/15

Lincoln quote on original thoughts


Books serve to show a man that those original thoughts of his aren't very new at all.     Abraham.Lincoln (The 16th US President)
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12/17/15

Mckinsey.com | Digital America: A tale of the haves and have-mores

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12/8/15

Healthcare The Job of The Future



According to US Department of Labor
"Healthcare occupations and industries are expected to have the fastest employment growth and to add the most jobs between 2014 and 2024, the U.S. Bureau of Labor Statistics reported today. With the increase in the proportion of the population in older age groups, more people in the labor force will be entering prime retirement age. As a result, the labor force participation rate is projected to decrease and labor force growth to
slow. This slowdown of labor force growth is expected, in turn, to lead to Gross Domestic Product (GDP) growth of 2.2 percent annually over the decade. This economic growth is projected to generate 9.8 million new jobs--a 6.5-percent increase between 2014 and 2024. The projections are predicated on assumptions..." continue reading
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12/6/15

The China Factor: China Creates a World Bank of Its Own, and the U.S. Balks

China creates another World Bank and the U.S. doesn't want to be apart of it... I wonder why?
Read it here

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11/19/15

Andrew McAfee: What will future jobs look like?

Interesting Ted Talk about the future of jobs as technology advances.
Do you believe in an abundant future?

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11/13/15

Big Money On The Move

Like every other trader, I like to think I could have been astute enough to get a chunk out of Thursday's market action.



As I go through my routine of manually reviewing my method against the chart, I know that I could have easily have gotten crushed. The market volatility would have punished the greedy. For example, trying to short the YM (Above chart) at 0945 would have immediately faced a 100 point pull back! My goodness that's scary and humbling to even imagine being on the wrong side of that trade.  



Not a market prediction, just an observation. I'm trying to avoid predicting what will happen next, I know as a trader/speculator, that's kinda of what we do. Let me try to explain myself. I want to develop the habit of emotional detachment from what I hope or want to happen in the market for the sake of being able to react appropriately to what is actually happening.

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9/23/15

Trin Café: Trading For A Living

Trin Café, a blog about trading for a living, well more about the preparation to trade for a living. I was once a regular poster of what trades I was taking or just my random thoughts about trading; I admittedly/purposely have not taken the time to maintain the blog. As the count down to trade for a living begins, I am surprised at myself that I am sharing less of what I plan to (attempt) trade for a living.

The truth is, most people think trading is gambling, I find it easier to avoid the judgmental look in their eyes by not bringing it up. Can you blame them? I might as well tell people who ask what my future plans are is that I am going to try out for a NBA team. High risk of failure that only gifted professional athletes have a chance at, most who try to play in the NBA fail, a lot like trading for a living. I can say, I have had more success trading, at 5'9 and a limited vertical and horrible outside shot, I am going to try my luck at trading.

Back to my point of not posting, with over 500 posts I removed from this blog for various reasons such as the above mentioned avoiding awkward conversations; but this is a topic that I will save for another post. In the mean time, I un-archived a few old posts on Technical analysis for your reading pleasure.

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8/26/15

The Challenges of Trading Small Futures Accounts

A old article, but still worth a read, especially in light of current market conditions.

FUTURES ARTICLE 

The Challenges of Trading Small Futures Accounts

dondawson
Don Dawson 
Instructor
One of the reasons many traders gravitate towards trading Futures is the relatively low start-up cost. For example, it usually requires about $30,000 to open a stock day trading account and you must maintain at least $25,000 to keep your day trading status.Continue Reading
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8/20/15

DJIA Selling Off?

DJIA

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8/10/15

Does Technical Trading Really Work? Technical Analysis 101 By Jonas Elmerraji

"Is technical analysis the Holy Grail for investors? Or is it just tea leaf reading?"
It shouldn't come as a surprise that talking about investing strategies brings up strong emotions among their practitioners. After all, people's money is on the line. But few topics draw the same polar degrees of ire and praise that technical analysis does. The thing is, many of the biggest TA critics don't really understand how technicians actually use their toolbox to make money in the markets. Continue to article
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7/23/15

Increasing Account Size

I came across a good read on how and when to increase your trading size, the author Austin Passamonte breaks it down to what it means to trade like a professional.

"Our profession of trading is often referred to as a game. Games include winners and losers. Games include competition, self-improvement and record performances. Games include records set, trophies and prizes awarded for he/she who scores the most points, defends the most plays or otherwise outperforms all else in their field of play." 
 Continue here



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