data quality is very important in technical analysis

ALTERNATIVE CHANNEL INDICATOR

this indicator shows percent distance of close price from the moving averages.

Mass Psychology

English :

• Le Bon, Gustave. The Crowd: A Study of the Popular Mind
  http://etext.virginia.edu/toc/modeng/public/BonCrow.html
• In Propaganda (1928), his most important book, Bernays argued that the manipulation of public opinion was a necessary part of democracy. http://www.historyisaweapon.org/defcon1/bernprop.html

German

• Psychologie der Massen, http://www.textlog.de/le-bon-psychologie.html
• http://www.mehr-freiheit.de/idee/lebon.html

on risk management

"only when the tide goes out, do you realise who has been swinmming naked." warren buffet

What can you earn with trading? starting capital for trading

I prepared two tables to show what can be earned from trading. First table below shows a trading return with %30 (2.5% monthly return of total equity) annul return which is very very good and reasonable. Second table below shows monthly constant net income (after expenses) such as your salary. when you compare starting capital with equal starting income rows you will see that trading will not generate much income.

 

 

for more information about this research please contact me from korayguclu [at] gmail [.] com

GETTING RICH

Human nature always wants more. How do you know when you are rich? How do you determine wealth. Robert K. has a simple answer to this question.

“if you stopped working today, how many days forward could you survive at your current standard of living?”

If you stop working today and can survice 30 years you have 30 years wealth.

DAILY MENTAL REHEARSAL

1. In the morning ask yourself some questions like "What could go wrong today that I’m not prepared for?" If you come up with some potential problems, then you need to come up with some solutions and rehearse them in your mind.

2. At the end of the day you need to ask yourself, "Did I make any mistakes today?" Where a mistake has to do with not following your rules.) And if you have no rules, then everything you do is a mistake. If no mistakes were made, pat yourself on the back. However, if you did make a mistake, then plan and rehearse how you will avoid that mistake in the future.

Ref: http://www.iitm.com/Weekly_update/Weekly%2052%20Feb%2013%202002.htm