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Showing posts from March, 2009

Forex

I have begun my forex trading learning and what I hard lesson I learned the first few days. Emotion, not to lose capital, and cutting your losses has been an experience that had me cursing, screaming, doubting myself and the whole nine. Granted, I only practiced for two days prior to trading with my personal funds. Wow I got slammed, I lost 75% of my initial capital. Trading with no plan, no clear understanding, or even an idea except for timing the market. I digress as my emotions are coming forth and not reason. For all the reasons above, of course, I lost money. Trading a new platform amongst more experienced traders, hedge funds, and money managers. So after losing all my position when the USD/JPY tanked, I remembered my Elliot Wave book, which I began to read as my losses were mounting. Take a deep breath.

Lesson 2 of 25 ways to create and earn $100 in a day.

Lesson 2 providing your philosophy attached to honey Calling this lesson 2 sounded better than second way shown numerically or spelled out. The idea of me teaching you a lesson is worrisome yet adds to the credible author. You heard the adage you can catch more bees with honey. I reread my first entry to my blog by Ayn Rand. A great philosophical entry communicating the service of money. At the time of doing, I was unaware of both the genius and scientific value. Dollar Store purchase 11 candy bars wrapped in a million dollar design, total cost; $12.72. Selling and providing a service are exactly the same idea. Whether its advice - legal, opinion - doctor, product - everything exchanged for money. The idea besides earning $100 in a day, was to sale the 12 million dollar candy bars for $10 each to earn $120. $12.72 to $120, I separated it because I like return on investment makes me smile. I jumped on the train and headed to the city. I decided to provide the pitch of "how would yo