There are two major emotions that rule the market. One is fear. The other is greed. Both of these emotions, if not mastered, can destroy profit. Fear comes into […]
There are two major emotions that rule the market. One is fear. The other is greed. Both of these emotions, if not mastered, can destroy profit. Fear comes into […]
Who can forget Enron? Enron was an energy company who’s stock made many people extremely wealthy, and left others completely broke. Why is that? The ones that made money […]
I’m going to show you how flying a kite will make you a fortune. First, go out and buy yourself a kite and a roll of kite string. You may […]
“According to a 2004 study, the average life expectancy of a non-instrument rated pilot who flies into clouds (or other ‘instrument’ conditions) is 178 seconds.” In other words, the inexperienced […]
Many inexperienced traders hope to get a “hot tip” on a stock so they can get in before a meteoric rise. They were told by their Uncle Joe (who works […]
Anyone who has any experience with the ocean knows that you can’t fight the tide. The rise and fall of the sea moves everything with it. The video […]
It’s an old Beach Boys song called “Surfin’ USA.” Then it hit me… My trading system is like surfing. A surfer learns to use the energy of the ocean by […]
It sounds cliche, but when it comes to trading, I teach my students not to spit into the wind. Well, not literally. It’s just an expression. But, my students […]
I must have had a dozen calls the other day. I could hear the excitement in their voices, too. “Rick, should I buy Facebook?” Facebook was all anyone was […]
A “penny stock” is a very low priced stock, typically trading under $5. The reason they are valued so low is because, well, they aren’t worth that much. People have […]
