Furu to Guru

If you've ever spent time reading professional development books or blogs or watching videos about the topic, you may notice a consistent trend when it comes to how authors/mentors frame the things that supposedly hold you back from your goals. For example, if the goal is to improve your performance at playing piano, the mentor (and research to be honest) suggest you embrace failure and the fear of sucking. Just give a big hug to that fear monster and truck on through. You should approach playing the piano without a fear of sucking, looking bad in front of others, and just get the hours of practice in. Suck it up, man. Over time, you'll build your piano skills to a level where you feel much less fear about playing piano and you'll be able to approach practicing with enjoyment and opportunity versus fearful and a desire to avoid being sucky. While I support the notion and evidence that suggest practicing is essential to improving any performance skill, I think it overlo...

Everyone seems to be shitting on the US Dollar $UUP lately. Looking at the chart it makes sense, it's been steadily losing value since Jan 2017. Here's the problem, it's approaching massive support. So the question is, do you short here or go long?

Disclaimer It's been far too long since I made a post, I apologize to the 3 people that usually read them. Anyway, it's back to business putting my thoughts on digital paper about the market and certain equities that peak my interest. A couple quick important points that I think need to be discussed: Timing the market/day trading is not for everyone. Actually, 99% of people should avoid trying to time the market. Why? Consider some facts: Almost 60% of stocks decrease in value during a given year. So you have less than a 50/50 chance of even picking a stock that makes you money. In addition, several studies that analyzed over 100,000+ brokerage accounts showed even more bad news: 90% of the accounts either lost money or made just a little bit of money.

Disclaimer   In these stock alert and chart analysis posts, I want to point out a security that has a very interesting chart and/or serious buzz in the social media sphere or mainstream media.   To help understand these alerts and chart analyses, consider checking out how I perform technical analysis  here   and how I trade breakouts   here .   Okay, back to the good stuff! Stock:  CMG, Chipotle Mexican Grill, Inc.

Disclaimer   In these stock alert and chart analysis posts, I want to point out a security that has a very interesting chart and/or serious buzz in the social media sphere or mainstream media.   To help understand these alerts and chart analyses, consider checking out how I perform technical analysis  here   and how I trade breakouts   here .   Okay, back to the good stuff! Stock:  TSLA, Tesla Motors, Inc.

Disclaimer   TL;DR : Enrolling in DRIPs could dramatically increase the amount of $$ you have when you retire. Contact your broker to discuss DRIPs and the process to enroll in one. Some brokerages even allow you to enroll in DRIPs on their website.   Investing is hard enough due to the countless options available and the even more plentiful factors that influence the direction of those securities. In fact, most traders and investors will fail to beat the market .   So you have an important choice to make that has serious consequences to your retirement funds. Either bet on the market, dollar cost average, and re-evaluate when you near retirement, or try to time the market like you are more skilled than Wall Street fund managers and billionaires.   Taking your competitors into account if you do try to time the market, chances are you'll join the majority of people who lose disgusting amounts of money and vastly underperform those who simply dollar...

Disclaimer   In these stock alert and chart analysis posts, I want to point out a security that has a very interesting chart and/or serious buzz in the social media sphere or mainstream media.   To help understand these alerts and chart analyses, consider checking out how I perform technical analysis  here   and how I trade breakouts   here .   Okay, back to the good stuff!   First off, why is the US dollar important? Why should I care about the US dollar? Excellent questions and there are a number of reasons for both. Here are the most important reasons to keep an eye on the US dollar in my humble opinion: 1. The US dollar is by far the most used international reserve currency , more than double the Euro. 2. A gigantic portion of foreign debt is denominated in US dollars. 3. A strong dollar typically indicates a strong US economy and increased foreign capital investment in the United States. 4. A strong dollar typically provides d...