Unapologetically conservative (from a contemporary perspective), liberal (from a historical perspective), an-cap libertarian (from a political pespecive), complementary (from a gender perspective) and Austrian (from an economic perspective). After years of trading and reading on the economy and finances, I decided to start sharing my perspective on certain issues at hand, hoping to stir thought. The goal isn't to indoctrinate, but educate in an effort to help people think about things they may never have before; or at least provide fresh perspective if they have. I’m just Another Joe. But I suppose I’m Not Your Average Joe. You might see me pop up on forums here and there, where I share a piece of my mind, whether I can afford to or not. I want to help people think through the implications of the times. And, due to my own ignorance, known or unknown, I’ll get some things wrong. There will be plenty of opportunity to correct me in this regard as well. In an effort to live a freer life, I'm building a business in Chile. For those interested, we offer immigration services, including permanent residency, consulting, Spanish lessons, real estate services and more. Check out AllAboutChile.com.
Novice investor just getting started like the idea of owning gold but find silver more affordable and a better use for bartering. Looking to move 457 contributions to a investment vehicle that will keep up with hyper-inflation. Not sure of timetables but feel the sooner the better. Looking for ways to keep uncle sugar from taxing our hard earned cash that has taken over 30 years to accumulate. Need some help in determining which way is best? thanks
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.
Old Geezer that listened to parents that lived through the Great Depression. Am a USAF veteran and proud grandpa of 13 grandkids. I am trying to learn enough to be a good investor and have met many great and tolerant (I ask a lot of questions) people here on SA.
Interested in technology and financial markets. Undergrad in engineering, MS in Comp Sci and an MBA in finance. Building tools for individual investors to make more informed decisions about the stocks and mutual funds they choose.
Identify businesses that have long-term sustainable growth opportunities and are trading at a good value.
Larry White is a featured analyst at ElliottWaveTrader focusing on mining stocks. Larry joined as a member of EWT in October 2012 and quickly shifted his focus to mining stocks as well as the GDX and GDXJ mining ETFs. Prior to trading, held management and executive roles for organizations such as Toshiba, ISOETEC, and Panasonic.
Anyone who is persuaded in one evening is not really persuaded. He can be converted by the next person of opposite views with whom he spends an evening. The only person who can truly persuade you is yourself. You must turn the issues over in your mind at leisure, consider the many arguments, let them simmer, and after a long time turn your preferences into convictions. - Milton Friedman