salam guys
we gonna talk about Wednesday review we having a great day guys..
so much pips to collect and store to our money account
Band technique +0.5%
Dow technique +0.5%
RANER +0.5% + 0.5%
overall 2% ROI per day... such a good number wasn't it...
salam guys
reviewed back on 2/2/09
band 0.5%
DJI 0.5%
days end with +1%
reviewed back on 3/2/o9
band -0.5%
Dow +0.5%
Raner No trade!
end with Break Even!
Being rich and being wealthy can be very different things. Interestingly, the literal definitions of “rich” and “wealthy” are almost identical. Being rich is, “possessing material wealth,” or “having an abundant supply of desirable substances.” Being wealthy, on the other hand, is “having an abundant supply of money or possessions of value.” Both have to do with having a lot of something, but there is a major difference. That something is the possession of something of value. In other words, wealthy people own and acquire appreciable assets that make money. Rich people focus on acquiring things that cost money and lose value.
Rich people, generally speaking, are the people that you can tell just by looking at them. They own many expensive cars, have enormous houses, dine at the finest restaurants and spend lavishly. They may have a high income job or acquired a lump sum of money, but either way they spend foolishly and enjoy displaying their high income status rather then accumulating wealth.
Ironically, rich people’s expenses most likely exceed their income, and a quick glance at their financial statement would indicate that they are actually broke. They probably own very few or no assets at all, are heavily in debt and can be characterized as hyper-consumers. Think about the high-class, rich celebrities you hear about that later in life end up auctioning off everything they own and file for bankruptcy. One day they woke up to face reality and find that all of their money is actually gone.
Wealthy people can have the expensive cars and live a lavish lifestyle, but they are less likely to behave like rich people because they are better at managing their money. This group has spent their lives being in the business of acquiring appreciable assets that create passive income streams. They own businesses (which can include stocks), real estate, art and other investments that bring money. The things wealthy people spend their time purchasing are items that are worth more tomorrow, rather than depreciate in value. This allows them to have complete financial freedom and the ability to decide, “I’m don’t have to do any work today because my possessions make more money then I will spend.”
So at what point are you wealthy? Wealth is sort of a subjective thing. You are officially wealthy when your passive income and cash flow exceeds your expenses. It is when you have $3,000 a month in rental income from your real estate properties, but your cost of living is only $2,000 a month. Or the million dollars that you acquired through years of smart investing is now generating $100,000 a year from a 10% return-on-investment asset, but your cost of living is only $60,000 a year. That is when you are wealthy and financially free.
Define for yourself what it means to be wealthy. Maybe you only need $30,000 to live, and once you reach that level of passive income you are happy and consider yourself wealthy. Or maybe you want multiple expensive cars, the big house and a yacht. You can have all of these things and be wealthy when you acquire assets that bring in enough cash flow to pay for the depreciable expenses.
Think about what it means to you to be wealthy and analyze your current situation. Are you acting more like a rich person, with expenses that exceed your income, or are you more like a wealthy person who reserves part of their income to acquire assets before spending any money? Once you’ve decided where you want to be, it’s time to plan how to adjust your behaviors to get you there.
Think about it..
Salam guys happy new year.. for all of you.. happy trading and i will start again trading after rest on disember 2008 due to last year x mas celebration...
stay tune for more
salam guys
its being a long time of period i didn't updated here... currently so busy due to my work place shift reconstruction same goes with my new working style... im sorry
last mont end up still with profit.. just at the end the month we fine up the market is very volatile... pips have being run in kinda big scale of action. SL comes bigger and there was no trade for the hold day... i closing my report earlier to clear up mind and restart today as November is coming again..
thanks to ALLAH i still healthy and will try all my best to keepon updated in my daily trading report..
ok this month i manage to change a few trading technics i will only trade GJ and EJ... the killer pairs as the carry trade still put price in relevant situation... follow by DOW JONES Ins Technics
i will place the pips in this monthly report
ok. for those who endup big time winner congratulation for those who endup losses.. no worried stick with ur money management and u should be fine.
for those who still looking foward to learn more about FOREX trading, strategies and technics u guys can logon to www.kursusforex.net
wish u happy day
untill we meet again till then happy trading and good luck
from trader to traders
wasalam
salam guys
its been a days without any news from me... actually i been a bit busy due working and matter in my personal life story...wahhh so tied
ok short info about trading on friday 24th oct 2008
markert move kinda history situation pips moving a big scale oh movement
so its been a history day and i see it with no TRADE as the stoploss is to big and againts my rules
if you enjoy ur pips last friday... congratulation!!!
ok happy trading and good luck
wasalam
trader to traders
salam guys
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