Tuesday, August 16, 2005

It was in the issue of May 25, 1959, that Time Magazine devoted almost a full page in its Business Sec­tion to the extraordinary stock-market story of a dancer— Nicolas Darvas.
Time told how this complete non-professional, ". . . who ignores tips, financial stories and brokers' letters," was able to make himself a millionaire several times over through the in­vestment methods he developed.

This article raised a lot of eyebrows among Wall Streeters who were shocked by Mr. Darvas’ disregard for many of the long-accepted, ordinary investment practices to which they were accustomed. But it also fired the interest and imagination of thousands of investors across the country. Follow this extrodinary story in serial form at http://www.stocktradingresources.com
As the majority of people do not understand the betting industry, they generally scoff at the idea of sports/horse race betting as a legitimate investment option. That is because they have only been exposed to one side of the business, the entertainment side. Of course gambling is generally painted in an ordinary light in the media where it is linked to family break downs and suicides. The perception among those who haven`t been enlightened is that if you bet often, you must have a gambling problem! This subject is explained more fully at:
http://www.stocktradingresources.com/articles.htm
Candlestick charts show us all the price information of a bar chart but in a far more graphical and clear way.The “story’ of the stock literally jumps out at you.When I was first introduced to trading it was with bar charts. But when I discovered candlesticks a few years back I immediately saw the clarity and detail that they provided.They may seem a little strange to use and understand at first but do persevere. I can assure you that they are a very useful indicator to use. You can read a fuller explanation at http://www.stocktradingresources.com/articles.htm