Dean T Whittingham
Total live articles: 21
Questions: 0
Answers: 1
Dean Whittingham created A Traders Universe - Stock, Futures & Forex Trading System Development in 2005 as a resource site for traders of all levels, with education, courses, brokers, tips, free videos, newsletters, trading systems, simulations and a free 7 step process for building your own profitable stock, futures or forex trading system.
Recent Activity
In this short series of articles I will look to explain what you need to do before you buy any trading system and avoid the black hole of trading. This series will cover a step by step approach to using the markets to achieve your goals by highlighting 13 key areas that traders must address.
In this short series of articles I will look to explain what you need to do before you buy any trading system and avoid the black hole of trading. This series will cover a step by step approach to using the markets to achieve your goals by highlighting 13 key areas that traders must address.
In this short series of articles I will look to explain what you need to do before you buy any trading system and avoid the black hole of trading. This series will cover a step by step approach to using the markets to achieve your goals by highlighting 13 key areas that traders must address.
Why the people always fall to the trap of Free Stock Tips given by their stock brokers and finish mostly with an loss in their investment?
The simple answer is because it is your stock brokers job to get you to invest and trade and 'not' their job to predict the stock market. Their information on stock picks is always second, third, fourth hand, and never their own analysis. The more you trade, the more money they make. Do your own analysis, but if you do not know how, one of the best ways to start is to look to go the 'other way' to the stock picks given. It makes sense if you are always losing from free stock picks that if you
In this short series of articles I will look to explain what you need to do before you buy any trading system and avoid the black hole of trading. This series will cover a step by step approach to using the markets to achieve your goals by highlighting 13 key areas that traders must address.
Picture this: you live outside the US, let's say Australia, you think the price of Oil is going to appreciate over the next month or two. Your options are to buy the commodity through the futures markets, buy a CFD, or buy an ‘oil' based ETF. Either way, you will be buying an oil based asset and in which currency? The US dollar. What happens? Well the price of Oil appreciates, and low and behold, so too does your purchase (whichever that may be), in fact it appreciates 20% over two months.
You may not be aware of this but every thought we have and every action we take has a chemical reaction attached to it. A thought for example, when initiated sets off a reaction in the brain which in turn creates a chemical that is then sent into the bloodstream where it is received by all our body’s cells.
If you’ve ever watched documentaries on the African Lion, you may have learned that you must never run if chased by a lion. The reason, apart from the fact that you’ll never out run a lion, is because chasing is part of their genetic make-up; they know no other way.
A few years ago my parents won the state lottery, to the tune of over $500,000. After 4 short years they were bankrupt, separated and forced to live in government housing. This came after being home owners, full time employees and money to spare.
All professions whether it be sport, business, or trading have what are called the basics and if you’re starting out in a new profession, the basics form the foundation or the core. However if you’ve been practicing your profession for quite some time and feel you’ve gone off track or are not hitting your goals, usually the best thing to do is just get back to the basics: and trading is no different.
