Added: 2 years ago
From: AirelonTrading
Views: 3,854
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  • Thanks Dan the MAN :)

  • This is very interesting. Thanks for your help. I will be checking some of your videos. I believe I can have more good videos from you.

  • the recording quality is not very good, but in this case, and everything is clear

  • Thank you for your words of wisdom, Dan.

  • Glad I ran into your page=)

  • Hey Dan - just found you :)

    Were you giving props to the book called "Trading for a Living" by Alexander Elder? Just curious... looking for a good first book on trading. Thanks!

  • Very likely, as that's about one of the best books out there on trading. It combines trading, psychology and money management.

    I think there is a link to it on my daily blog.

    Regards,

    Dan

  • Thanks Dan! I will definitely pick up a copy.

    By the way, I watched your 'How to Begin' playlist last night... I hope to watch your 'Money Management' playlist this weekend. Thank you so much for all you are giving :)

  • You're more than welcome.

    :)

  • May I ask you a unrelated question ? about countries like Zimbabwe , Argentina devalued their currency denominated in dollars in order to pay off debt ?

    strengthening currency makes more sense because they can buy more dollars .Isn't it so ?

    devaluing currency means they will buy less and less dollar .where is the logic there ?

  • They chose for the money they printed to go to many of the workers, and the macroeconomic flow, which led to a wage price spiral, to try to appeal to the mass public for political reasons.

    The problem there, is just that. What's termed a wage, price spiral, that gets quickly, quickly out of hand. They thought they could control it, and wage price spirals are EXCEEDINGLY difficult, if not impossible, to stop.

  • very interesting

  • Thanks Dan. You put it all in perspective!

  • heyya mate

    u r correct in reffering to those 'GURUS'

    some students did a research in out university and found out that ppl who follow the advices of these gurus usually end up making losses

  • man!! This guy is GREAT!!!

    I started the virtual market on feb with $2000 and I now have $5500!

    Thanks to Chase, Bank of America and most of all..FreeportMcmorick!(FCX)

    My question is..i am 18 and have top portfolio in the game,ranking #1, out of 65 others (Yep,March was Bulled!)..should i use my own money (2000-2500) to invest this time? I have limited knowledge, all through the internet. Also..what is MOney management?

    Thanks sooo much Dan!

  • Aww shucks. Blush.

    Seriously thanks.

    If you go to my channel page, or to my daily blog? There are links to two playlists, that cover both of those topics.

    I hope that helps!

    Dan

  • so how have you been doing on investing and trading so far for the year?

  • Let me do a quick calculation ...

    Investing, I've been receiving straight cash instead of DRIP's since January 1st on half of my shares, and the cost basis, I'm at 0%, just flat.

    Trading, I've been doing well, up until April. For the year to date, I'm up about 35% thus far. March was really nice, and had a $4500 month, and April has been sort of flat.

  • yay Dan Airelon Novus

  • :)  Heck, I think back in the old T.A.G. and Telegard BBS days in 1988, I went by the handle "Kahless"

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