I saw Robert Kiyosaki on PBS today. He's the author of the best-selling book Rich Dad, Poor Dad. By the way, if you don't have the book, get it now.
You Can’t Handle The Truth!
In the movie "A Few Good Men" written by Aaron Sorkin the following dialog takes place in a courtroom as Tom Cruise questions Jack Nicholson on the
OUCH!
Today was the worst sell-off in the stock market in many years. At one point the DOW was down over 500 points! Is this a disaster? I don't think
The Middle Way
One of the keys to life is BALANCE. St. Paul admonished people to practice "moderation in all things." Buddha's teachings are summarized in the
The Best of the Best
Here's a question I get all the time: "Yo, Barry, what trading books do you recommend?" I get this question so often that I decided to address it in
Any Given Sunday
The Super Bowl is over now (my condolences to all the Chicago traders), so this is my last chance to provide a football analogy for awhile. There's
Can You Outperform the S&P 500?
The benchmark that most money managers are measured against is the S&P 500. It's common knowledge that most do not outperform it. Amazing that
Fibonacci Extensions
Everyone and his parakeet uses Fibonacci retracements in their trading. But there's another Fibonacci tool that is equally valuable, if not more so.
Why Traders Should Play Video Games
Last week for my birthday I received a PS3 (Playstation 3 Video Game console for those who live on a planet other than Earth). It's very cool. Of
Fed Holds the Course
The markets moved up this afternoon after the Fed announced it would not raise interest rates. This continues the "Mega-Trend" in the S&P 500