Although I dabbled with a high school stock picking project, my first memorable experience of the stock market was the Dot.Com crash. My Grandmother gave me some Lucent stock to help pay for college. I vividly remember reading that Lucent was the most widely held stock in America. "If everyone already owns it, how can it go up any more?" I thought. So I looked it up. $72/share. But college life is busy, and I forgot to sell. The next time I checked it, the price was $2. You could say that the foundation of my investment experience was the brutal power of a market crash. The next thing that made me open my eyes about the market was reading "The Alchemy of Finance" by George Soros. At the time, I was a Financial Advisor for Merrill Lynch. I soon tired of the sell side of the business, but I learned one thing: the most important investment decision you can make is which asset classes you pick. This reinforced my belief that the big picture is of the utmost importance. George Soros' book inspired me to start a practice account, which I ran for a whole year in 2006. In 2007, I took my savings and put it into the market. Since then, I've had good and bad years. In 2008, convinced a credit collapse was imminent, I shorted banks and homebuilders, and returned 50%. In 2009, I foolishly ignored the "green shoots" and lost 36%. Still, my three year return (Jan 1, 2007 to Jan 1, 2010) was a positive 7%. In 2010, I graduated from the Drucker School of Management at Claremont Graduate University with an M.A. in Politics, Economics, and Business. My coursework included classes in global finance, strategic modeling, economic development theory, the neuroscience of economic decision making, as well as the basics of corporate finance and financial markets.
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.
Sir Winston Churchill 1899
This is amazing. And even more amazing is that this hasn't been published long before now.
CHURCHILL ON ISLAM
Unbelievable, but the speech below was written in 1899! (check Wikipedia - The River War)
I am sending the attached short speech from Winston Churchill, delivered by him in 1899 when he was a young soldier and journalist. It probably sets out the current views of many but expressed in the wonderful Churchillian turn of phrase and use of the English language, of which he was a past master. Sir Winston Churchill was, without doubt, one of the greatest men of the late 19th and 20th centuries.
He was a brave young soldier, a brilliant journalist, an extraordinary politician and statesman, a great war-leader and Prime Minister, to whom the Western world must be forever in his debt. He was a prophet in his own time. He died on 24 January 1965, at the grand old age of 90 and, after a lifetime of service to his country, and was accorded a State funeral.
HERE IS THE SPEECH:
"How dreadful are the curses which Mohammedanism lays on its votaries! Besides the fanatical frenzy, which is as dangerous in a man as hydrophobia in a dog, there is this fearful fatalistic apathy. The effects are apparent in many countries, improvident habits, slovenly systems of agriculture, sluggish methods of commerce, and insecurity of property exist wherever the followers of the Prophet rule or live.
A degraded sensualism deprives this life of its grace and refinement, the next of its dignity and sanctity. The fact that in Mohammedan law every woman must belong to some man as his absolute property, either as a child, a wife, or a concubine, must delay the final extinction of slavery until the faith of Islam has ceased to be a great power among men.
Individual Muslims may show splendid qualities, but the influence of the religion paralyses the social development of those who follow it.
No stronger retrograde force exists in the world. Far from being moribund, Mohammedanism is a militant and proselytizing faith. It has already spread throughout Central Africa, raising fearless warriors at every step, and were it not that Christianity is sheltered in the strong arms of science, the science against which it had vainly struggled, the civilization of modern Europe might fall, as fell the civilization of ancient Rome."
Sir Winston Churchill; (Source: The River War, first edition, Vol. II, pages 248-50 London )
Churchill saw it coming................
And the currant leasee' of the white house , had the audacity , to take The Bust of WINSTON' , OUT OF THE OVAL OFFICE , AND SEND IT BACK TO ENGLAND '' !!
WHAT A L-O-S-E-R''''