Can the BlackBerry be the CrackBerry again?
Jun12

Can the BlackBerry be the CrackBerry again?

    The BlackBerry became known as the Crackberry, because of its owners’ inability to put it down. It was launched in 1999. With this product, RIM (Research In Motion) started the trend of having a phone permanently attached to your hand, with your neck and back arched over an enchanted screen. Enter, the smartphone age! I graduated the year after the launch. My good friend would lock into the screen and be lost to the...

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China’s luxury product demand rising
Jun11

China’s luxury product demand rising

Tired of hearing about the rising economic power of the Chinese? Well I’ll tell you who isn’t, Chinese people. And who wouldn’t. Who doen’t want to hear that their team is rising and getting more powerful? Well here’s some more. A recent Paris, AFP post reports that Chinese consumers will be the leading buyers of luxury brands by the year 2015. Sound a bit vague? Maybe just to me. To be a bit. More...

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The Dreaded Ponzi
Apr04

The Dreaded Ponzi

A few years back, Bernie Madoff brought fame to a scheme known to many as a Ponzi scheme. What is Ponzi scheme? Well if I were to guess, based on the word Ponzi, I’d say that is sounds like a delicious Italian dish. It sounds like a flaky dessert, or something with pasta and cheese in my mind. Unfortunately, Ponzi schemes aren’t delicious at all. Ponzi schemes or Ponzi scams are named after Charles Ponzi. In the 1920’s Ponzi attracted...

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Pyramid Schemes
Mar18

Pyramid Schemes

Have you or your friends ever entered a pyramid scheme? I set off explain Ponzi chemes, but felt compelled to write a bit about pyramid schemes as well, since they are both similar in their promise of great returns, and their inevitable collapses. First of all a pyramid scheme is never usually called a pyramid scheme when the idea is being sold to people. A pyramid scheme is a fraudulent investment plan based on a hierarchy. A pyramid...

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Paper Trading – Not for everyone, but it’s for you!
Jan13

Paper Trading – Not for everyone, but it’s for you!

  Paper trading is the practice of choosing and tracking stocks without actually using real money. Some people literally paper trade by writing their trades on paper, while others use paper trading services offered by trading websites. A while back I was going through a few blogs and articles on the subject of paper trading. Some of the writers were for the practice, while others didn’t seem convinced of its practicality. Those...

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擺脫債務吧!

好的,既然你已經決定好要做交易並且投資。有一點請你銘記在心,做交易是沒有致富計劃的。當然,除非你和【藥命效應】這部電影中的那男孩一樣,擁有無止盡的神奇交易藥,能讓你變成一個交易天才。不然,你可能要花上好幾個月才能達成你的目標。在這段時間裡,你也暫時無法挪用你投入的資金。這意味著,你應該把你拿來做交易的資金和買日常雜貨的錢劃分開來。 如果日常生活所需要用到的錢是你手邊僅有的金額,那麼,你籌備資金的障礙就會是你每個月必要要負擔的債務了。《資產生財,富足有道!》這本書概述了處理債務問題的最佳策略。 這是一段此書作者所建議的釋義。請你們記住,由於我已經把書歸還給圖書館,這代表這本書的內容也已有一部分烙在我的腦海裡了!一點也沒錯,我還在使用我的圖書卡,你也快去辦一張吧!...

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Trading in The Zone, by Mark Douglas
Oct29

Trading in The Zone, by Mark Douglas

Trading in the Zone[i] in an excellent book on the topic of discipline in trading. It introduces the importance of setting goals and exit strategies before entering a trade so that you’ll have a plan in place for when things start to “get real.” Mark Douglas addresses psychological impulses and issues that must be acknowledged before entering a field where you have to be your own boss and are responsible for all outcomes. You have to...

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Boomerang, by Michael Lewis
Oct28

Boomerang, by Michael Lewis

What you do comes back to you. That’s what I took as the underlying theme of Boomerang[i]. I’ve tried to throw one a few times myself, but could never get the thing to work. Boomerang highlights the circumstances leading up to and following the financial turmoil of 2008. Michael Lewis interviews people in Greece, Ireland, Germany, and the United States. I found the sections on Greece and California particularly interesting. The...

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Trend Following, by Michael Covel
Oct28

Trend Following, by Michael Covel

Trend Following, By Michael Covel   Trend Following[i] Explains the concept of trend following as a trading method. The book clarifies the idea, for those who don’t understand what trend following is. It goes the extra step of providing a compelling argument for the benefit of using trend following in bull and bear markets.   The book profiles various traders and hedge fund managers who follow this methodology. We can see...

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What Is Trend Following? | Trading the Trend
Oct27

What Is Trend Following? | Trading the Trend

What Is Trend Following? | Trading the Trend What is trend following? Many of us follow fashion trends. In some places, coloring your dog’s fur may be trendy. In other places and times, we follow popular hairstyles. How does one follow a trend? To do this, you see a guy say, wearing a mullet haircut. You take notice, saying to yourself, I like how he combines the short front with the long back. You like it, but not enough to grow one...

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