AssetInflation.com is organized to protect the principles that everyone grew up with. A penny saved is a penny earned, early to bed and early to rise, etc are the foundations with which our opinions are derived from. Because we and our subscribers believe that the powers that dictate our government/monetary policies have abandoned these time-tested principle, we feel it is our duty to share information in multiple ways. Editor-Nick Elsworth
My name is Payman Winborn. Upon graduation from college in 1999 I founded a company that distributed computer hardware. Although this was a profitable business, I did not want to focus all my resources on one avenue of success, so I looked to diversify my interests. I explored real estate and finance as possible alternative businesses and discovered an interest and passion in futures trading. This is what I ultimately choose as a second source of income.
Initially, I imagined that day trading would be the ideal profession: no customers or staff, no inventory or rent and the possibility of unlimited income. And, more importantly, it presented me with the opportunity to work anywhere....from the privacy of my home or from the balcony of a hotel room overlooking the Pacific Ocean.
Unfortunately, I knew little about the pitfalls of day trading for a living. To begin with, I spent countless hours reading books, studying charts and conducting research in an effort to become a profitable trader. Six years later, and after the loss of several hundred thousand dollars, my efforts finally resulted in the development of a highly profitable strategy.
This strategy is primarily based on technical analysis and was developed for ES E-Mini S&P 500 Futures contracts from CME Group but it also works in many other financial instruments such as Stocks (NYSE), Bonds, Currencies(Forex Spot), Commodities (Gold and Crude Oil From CME GROUP,Globex,NYMEX, CBOT,Brent Crud Oil From ICE Global Markets), Options, Global Indices and CFD’s with similar high accuracy.
In retrospect, I understand that the biggest barrier to my success was the fact that I tried to learn everything by myself. An experienced mentor could have helped me avoid that painful learning experience....and saved me a significant amount of money as well as many years of frustration.
Today I am an active, and profitable, trader. As a token of appreciation for my success, I now share my tools and experience with other day traders. I believe that my knowledge and skill can help others become successful traders and, in the summer of 2010, I began to publish my realtime market signals and daily results online in order to demonstrate the accuracy of my trading strategy.
I am a Financial Analyst and maintain my own Site http://www.everythingaboutinvestment.com where i put the articles regarding investment so that it can help each and everyone around the globe to get an detail insight into Investing and Investment.
Yes, I ski uphill. I don't often take the easiest way in any endeavor. Skiing uphill (as opposed to downhill skiing) is a lot of work, but you actually get yourself from point A to point B (and back again) without extraneous non-skiing interventions.
I'm NOT degreed in finance, business or economics, although I hold 5 advanced degrees (BA's in Philosophy, German Lang and Lit, BS in Chemistry, MS in Agricultural Science, Ph.D in Plant Physiology). Following a career in Research Plant Physiology (with heavy use of Analytic Chemistry), I've been working half-time in Health Policy non-Profit organizations and half-time in investing (related research). These latter studies have been mostly in natural resources -mining in particular. I would not call myself an expert in mining, or in precious metals. I would only claim to be an investor who is well-informed.
I think a lot of the top financial pundits and bloggers have completely lost sight of what the fundamental concepts mean, despite the fact they use them all the time. The key concepts are used so loosely that they mean nothing at all in the general financial blogging arena, unless you know that particular writer very well. (For example, "high-risk investment".) Facts and careful use of language matter (of course not at all to a pudint's and their TV ratings).
Management Professional expat working in Asia watching the markets in the wee hours of the morning and trying to manage a self-directed IRA in hopes that I can generate some positive alpha (as opposed to the negative alpha I seem to sometimes be good at finding) and be able to afford retirement some day.