If you are a retail trader, I’m sure you have read articles that basically say you’re in for some pain and suffering. Most will tell you that 80%+ of people who attempt to trade in their own account lose money. However, they usually don’t address the most important question … WHY? In a time where…
There’s a stigma around the financial industry that there’s “big bucks” to be made and a lavish lifestyle to be lived. While this industry certainly offers the opportunity to achieve true wealth, you don’t necessarily have to live like a rockstar. Like any business, trading can grow to be as big or small as YOU…
I’ve worked with traders of all calibers over the past half decade… Some who are green as can be, and others who are wildly successful. In doing that I’ve learned one thing that ALL traders want to know: What’s the secret to being the most successful trader? And that’s a really hard question to answer.…
Let’s break them down: The accelerated rise in Treasury yields must slow down. The benchmark 10-year Treasury yield increased to 3.9% on Tuesday, while the 2-year rate rose to 4.7%. The Fed is battling the inflation they caused by the distribution of unearned money. Anomaly stocks that are trading disproportionately high, many of which are…
After a heck of a year in 2022, the dollar’s course appears to have changed once again. Heading into last September, the DXY was up over 20%. But at the end of that very same month, the dollar started to give back some of those gains. Over the next few months to follow, the DXY…
It’s no surprise that EVERYTHING is costing more today, and that includes your actual cost of homeownership. Shopping for the best rate and lowest fees are well worth your efforts! When preparing to shop for a mortgage, educate yourself on the current rates available. The averages may not apply to your exact situation, but they’ll…
The names of two of FTX co-founder Sam Bankman-Fried’s guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was granted by a Manhattan federal judge. Bankman-Fried was released on $250 million recognizance bond in December after he was indicted on criminal fraud charges. In all, there were four guarantors, including…
I’ve found that most people’s WHY is triggered by a significant event in their lives… something that caused them to change their standards. Today I want to share my WHY with you. I know most publishers don’t get personal, but I’m not most publishers. At a young age I realized life can take you down…
Stuff is EXPENSIVE and people still walk around wondering how we got here… I’ll tell you how, DISTRIBUTION OF UNEARNED MONEY! Yep, I said it. I’m sure it’ll piss a few of you off. But if you’ve accepted money from the government in the past 3 years … Well, there you have it! Money is…
Warehouses and distribution centers are pushing rates higher, with U.S. storage prices up 1.4% month-over-month and nearly 11% year-over-year. An inventory glut will impact consumer prices, with the latest consumer price index data due out today. Charges to use cargo containers as temporary warehouse space are going to “explode” in the coming quarters, according to…