Proposed Trading Transaction Tax – Fight It

In case you don’t know, Congress is considering a .25% tax on every trading transaction. Individual traders and institutions alike would be hurt immensely by this tax.

Please take a few minutes to fight this proposed tax, which would change trading as we know it.  Green Trader Tax Company has developed a petition that you can sign, and have it automatically sent to your representatives and to President Obama. Please visit this site and sign the petition.  ”A financial-transaction tax is detrimental to many industries.”

Please forward this message to your friends, or get them to register at http://www.coloradotradersgroup.com/wp-login.php?action=register

Business for Breakfast Podcasts – Bring us with you

If you are enjoying the radioshow weekdays from 7 – 8 a.m. with Karen Trisko and Woody Vincent, you can now download Podcasts and bring the show with you wherever you go.

Go to this webpage:  http://www.radioconetwork.com/#/2

Click on the link under Business for Breakfast, then you can subscribe to receive Podcasts automatically and enjoy.

Update on Globalization 3.0: Credit Purge Era and Transition to the New Normal

Update on Globalization 3.0: Credit Purge Era and Transition to the New Normal

If you didn’t get to see John O’Donnell’s seminar live in December 2009, you can watch this upcoming webinar on Jan. 14, 2010.

Type: Webinar  Register for this Session

Expert: John W. O’Donnell, Chief Knowledge Officer at Online Trading Academy
Start: Thu, Jan 14 2010, 17:00 GMT
End: Thu, Jan 14 2010, 17:45 GMT 

Summary:
John covers a variety of topics including:
- Surviving the globalization 3.0 bear market,
- comparison of the last 12 month global economic metric and first 12 months of 1929-1930 crash,
- protecting your capital in the deflation ahead,
- why deflation is the major risk ahead and not inflation and how gold will perform,
- what is the Baltic Dry Index telling us about global demand destruction and deleveraging,
- adapting your trading/investing plan in this new credit purge era.

Who is John W. O’Donnell?

John O’Donnell is the Chief Knowledge Officer for Online Trading Academy. In this role he delivers a combination of educational and corporate experience that has been instrumental in making Online Trading Academy one of the premier trading schools in the world. His extensive management and consulting experience has been a key ingredient in Online Trading Academy’s fast global growth and industry recognition and awards.

Mr. O’Donnell was a finalist two years in a row for the “Entrepreneur of the Year” award by Inc. magazine in Orange County, California. He has often been featured on financial web portals and television networks such as CNBC, CNN and MarketWatch. Mr. O’Donnell’s focus and thoughts on issues such as historic boom/bust business cycles and the potential coming burst of the credit bubble in the “Globalization 3.0 Era” has also been featured in financial focused newspapers and magazines such as The Wall Street Journal, Investors Business Daily, Traders Journal and EQUITIES magazine, just to name a few. Mr. O’Donnell is frequently a keynote speaker at global finance expos including Trade2Win, Online Traders Expo, London IX Expos, Brazil Active Traders Expos, World’s First Virtual Online Traders Expo, Canadian Financial Forums, and The MoneyShow.

Mr. O’Donnell received a BS in Science from Southwest Baptist University in 1968. He began his career as a public school teacher and then transitioned to public corporations, working as an investment banker. His background in both education and financial services gives him a unique ability to teach complex financial theories and trading skills to beginner investors and seasoned traders alike.

 

Software instructions
HotComm is the multimedia communication tool we will be using to host our New Live Market and Education Sessions. With hotComm you will be able to hear our expert comments dissecting a trade while they show you the graphic resources and the steps they use in their daily trading. This is a fully collaborative tool, so don’t hesitate, interaction will be the key to success, by sending your live questions to the experts.
Donwload hotComm CL |  More information |  Help

Jim Rogers Speaks About the Economy on CNBC Dec. 29, 2009

Here is a new 11-minute video of CNBC’s Maria Bartiroma interviewing Jim Rogers on Dec. 29, 2009 about the world economy and US markets.  http://www.youtube.com/watch?v=4HkbS4aDCU0  Good stuff!  – Karen

Secrets for Profiting in Bull and Bear Markets

While walking in my community recently, I encountered my friend and neighbor, Larry Walters. Larry told me about a book he just finished reading, Secrets for Profiting in Bull and Bear Markets by Stan Weinstein. He said it really helped him get “on the right side of the trade” much more often. So, I picked up a copy myself.

While Secrets for Profiting in Bull an Bear Markets was written in 1988, its approach is still valid. Weinstein offers a simple set of rules to interpret charts, including a 30-week moving average to identify trend, and visual identification of a “basing area” (what OTA graduates know as a demand zone or supply zone). 

Weinstein also goes into timing — when to buy,when to sell, and common mistakes with shorting. The book quizzes you at the end of each chapter – a good way to find out if you really “got it”. I found this book easy to read and a great addition to my trading/investing library.

Who else has read Secrets for Profiting in Bull an Bear Markets? What did you think of it?

Karen Trisko