Thursday, April 23, 2009

A couple months ago I signed up for one of those free stock type games (WeSeed) you can try out with fake money to see how you would do in the real stock market. I haven't done so bad considering the intense fluctuations stocks have been experiencing.
My interest in stocks is mostly due to the fact that I have a 403B with my employer and I'm losing money as I'm sure most people are right now. So I've been wanting to learn more about what it's all about.
One of the places I've come across for information and advice is tradeMonster. The site was co-founded by Jon Najarian, Pete Najarian, and Dirk Mueller which means they collectively have an average of 20 years experience dealing with financial information.
When it comes to finding an
online options broker you definitely want someone with experience and I'd say especially those with young, fresh and innovative minds because they too are dealing with the craziness of today's economy. And yes, I admit, going to
their website and being greeted with a wave of music which totally pumped me up also helped.

But when you look beyond the fresh site and energizing music you see all the tools and assets they have to offer as a trading facility online. Their production tools are completely browser based so you can access information from anywhere. Once you pull up your account you have the tools to actively watch the market and pick up strategies tuned in to your personalized needs. It is a bit overwhelming at first, but at the same time it is an invigorating experience (coming from a 28-year-old novice).
I should also let you know they have different options for different type people. Someone like myself would be better off dealing with paperTrade which is the area you sign up to test different trading strategies and learn risk management. It's free to open the account and it brings you all the necessary proprietary stock reports right to your browser window.
WeSeed is free, too but the advice and analysis you receive is from other people like yourself. Being able to work with tradeMonster and knowing people who actually do this for a living are the ones giving me advice definitely puts me at ease.
So as our markets stabilize and eventually improve if you want to hop on ship while investments have the potential to start low then you should definitely sign up with
tradeMonster.
Labels: stocks, strategy
Friday, February 6, 2009

I know we're in an age where we'll be seeing more and more lifelike robots and dolls and such, but I still think it's all incredibly creepy.
And this particular tidbit has me even more freaked out.
Meet the Little Island Custom Robot Dolls.
The idea is that this plush looking bot can replace your beloved, as they can be designed to freakishly mimic their features. The doll-bot has a 500MHz processor include, so it's not just a pretty face, and you can use it for Skype conversations.
A Japanese company called Little Island will sell you a $2,215 robot based on a picture you send. So it's expensive AND you'll have to wait over six weeks after sending in your picture to receive it.
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Google has adapted its Book Search for the iPhone and its own Android platform, it announced on Thursday. It joins a growing group of network operators and content providers that are putting books on mobile phones.
The new service opens up mobile access to 1.5 million public domain books in the U.S., and half a million outside the U.S., Google said.
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New York-based Loudwater Labs has sold the assets of its online personal finance management application Thrive to Tree.com; the company behind services such as the formerly IAC-owned LendingTree and RealEstate.com. This means that the publicly listed Tree.com now has a very good resource in its hands as well as sufficient reach to give Mint and other personal finance management tools like Wesabe, Geezeo and Buxfer a good run for their money.
Labels: google, iPhone, robots, stocks, thrive
Wednesday, June 27, 2007
It makes me happy when people allow you to try something for free for a couple weeks. That makes me more comfortable with what they are offering; if they have the confidence to let you try it out first.
When I started putting money into a 401K and then a 403B, I realized I know little to nothing about money markets and stocks. I mean what is
index stock options trading?
There is a company named
OEX Options and they use a variety of technical indicators, such as ADX, DMI, Chaikins Money Flow, Wyckoff, candlestick charts, to teach traders method, rules, and approach.
So what is OEX? OEX is the ticker symbol for the S&P 100 Index. It is a subset of the S&P 500 index.
One of the tips
OEX Options stands by is knowing the "pivot point" of a market. A defined "pivot point". If the market trends above this number within the first hour of trading it's likely the trend will continue UP for the day; conversely, if the market trends below this pivot point it's likely it will have a downward trend.
When you find a place that wants to give you pointers on something you are unfamiliar with you should always look around and find a company that makes you feel comfortable.
OEX Options strives to do just that.
Disclosure:This post brought to you by OEX Options.
Labels: finances, review, stocks