Mrs. C. Jarvie's Page

What is paper trading? I am clueless about stock markets.

"what doom and gloom" - I love it!

I like what you've touched on with art, as I think this is something that we have all cast by the wayside in our quest for ever more possessions. Not that we actually want or need these possessions, but rather we've been coerced into thinking that we do by oh-so-clever marketers. Which is another problem - all the best and brightest are ending up in marketing and finance jobs, whereas they used to pursue the arts and sciences.

Perhaps this "crisis" is a good thing in that people may start rethinking their priorities in life. Is this the depression we had to have ;)

And I agree wholeheartedly that we've lost the ability to do many meaningful things together in groups as the world has careered into a me, me, me individualistic marathon, with each of us pushing one another out the way in the race to have the most.

BTW, where were you living before you came to Australia? And what made you come?

It's hard to believe anyone could NOT be an Obama fan! I suppose the only way was up for the US after the past 8 years of Bush...In retrospect it was a good thing that Bush was there for so long because he paved the way for it to be possible for Obama to get in. Sometimes we need to reach the depths in order to reach new highs!

Wow, things certainly haven't been boring for you! Olympia, USA to study (where is that exactly?), and now you live far from a library? Where are you living (if you don't mind me asking)?

Many thanks Yes I want to make time to have investment club interests as a lot can be achieved by discussions and speakers etc. I will go to CBA seminars when I locate them. Thanks very much for responding. Linda

I wondering how you can help me. I too would love to have agoal like yours above especially at the age I am but am finding all the maze of information difficult to learn about and work out. I am from Perth as well Linda

You too Cake. BTW, where does the name "Cake" originate? If it's a nickname, I suppose a partner probably gave it to you (or your parents?).

JFK

I wish you well

And i know your trading plan will be sound and meet your needs

Hello

I noticed your comment on fiding a Mentor for trading in CFDs.

Some thoughts

CFDs are purely a leverage mechanism and can be an expensive form of leverage. We have developed some modelling systems taht take into account al the profits/losses and tradiing costs. Over time these show that the cost overhead of trading CFDs as opposed to using equity funds is actually quite high. With CFDs as your trading "capital" grows the cost grows, even if the funds are in effect "profit" from trading.

My suggestions is fin a good trading mentor, regardless of the mechanisms they use to trade.

Experience has shown me that the major factors in trading success are money mgmt (position sizing), stop losses and discipline. Once comfortable with these factors then develop a system that you are comfortable with.

I have developed a weekly trading system that if I had followed to the letter of the law would have returned 50% better than the emotional me. So now the emotional me uses the emotions for a better purpose and I follow the system.

I published a couple of posts on trading and they may be worth reading.

Feel free to ask any questions as I have plenty of time to answer them. I trade and invest for a living :-)

BTW the Van K Tharp books are great grounding

Hear from you soon

Bandwidth