nazarenetruth.com

The Blog Entry that Accompanies this Vlog Entry is at: http://investorandtrader.blogspot.com/2008/11/money-management-drawdown_10.html

My Daily Blog is at: http://investorandtrader.blogspot.com/

My channel at BlogTV is: http://www.blogtv.com/People/Airelon

Why keep track of your drawdown? After all, we just want to trade right? You just want to focus in on the reward, whether it be from the Forex, Commodity Futures, or Stock Markets, right?

Drawdown assists you in understanding the worth of a system or method as well. If the person offering the system refuses to talk about the drawdown numbers of that system? That’s a good indication it’s a scam and highly overrated. If the person offers you a system or methodology and talks about drawdown – this lets you know that the system has verifiable merit that you can test.

But what does drawdown tell you about your system, and how you should adjust the rest of your money management strategy?

We discuss that in the following vlog entry …

NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc

Duration : 0:9:34

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Technorati Tags: Airelon, commodityfutures, daytrading, dividend, drawdown, forex, howto, investing, loss, moneymanagement, options, positiontrading, stockmarket, swingtrading, trading, tradingforaliving, unrealizedloss

I am looking for a free class on how to manage money, debt and bills. My spouse and I have trouble making budgets and are feeling over whelmed with the living paycheck to paycheck. Our debt keeps increasing yet on paper, we should be doing well. We are looking for help that is free of charge on advise on how to get better at managing our money.

Vermont Women & Money Conference will focus on money management, retirement planning, and investment strategies, and is free for women of all ages and economic backgrounds and all levels of financial knowledge.
For more information or interview: Jeb Spaulding, State Treasurer, 802-828-2301

Also check out this site:
daveramsy.com

I’m looking to get a money management software program for the 1st time. Which is better Microsoft Money or Quicken Stater 09?

microsoft money is a good one to use

http://www.microsoft.com/MONEY/default.mspx

The Blog Entry that Accompanies this Video is at: http://investorandtrader.blogspot.com/2008/11/money-management-risk-analysis.html

My Daily Blog is at: http://investorandtrader.blogspot.com/

My channel at BlogTV is: http://www.blogtv.com/People/Airelon

Whether you are a forex, stock market, day trader or commodity futures trader, Money management is key. Most know that from my daily blog at http://investorandtrader.blogspot.com/ , I often talk about Money Management. Now on the video blog, I will give a brief introduction to it, and in the next few entries, discuss Money Management principles, and the importance of such strategies . . .

I am re-doing this video, as YouTube has asked that I remove the videos that have copywrited music before and after the video …

This is all about Risk Analysis, and a couple of key, key principles that you need to consider with Risk Analysis.

NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc

Duration : 0:9:42

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Technorati Tags: Airelon, commodity, daytrading, dividends, DRIP, forex, futures, howto, investing, moneymanagement, options, positiontrading, riskanalysis, stockmarket, stoplossorder, swingtrading, trading, tradingforaliving

I will recruit money managers. I expect to have a lot of customers. Thanks.
Do I need to get any license for the company? Does the money manager require any license by law?

Well, good money managers make at least $200-300,000 per year. So you’ll need to have that much money ready to pay them.

Then you’ll need to get licenses, pay exchange fees, hire compliance managers ($80-120,000 year) and pay for Bloomberg machines for your money managers ($10,000 each up front and $2500 per month per machine.) You’ll have to have money ready to pay brokerage fees and set up a back office filled with at least 3 or 4 $40,000 per year clerks.

You’ll have to provide them nice offices and advertise to bring money into your fund.

So, have at least 2 if not 3 million of start up capital in mind, gather that together and go for it.

I will recruit money managers. I expect to have a lot of customers. Thanks.
Do I need to get any license for the company? Does the money manager require any license by law?

Well, good money managers make at least $200-300,000 per year. So you’ll need to have that much money ready to pay them.

Then you’ll need to get licenses, pay exchange fees, hire compliance managers ($80-120,000 year) and pay for Bloomberg machines for your money managers ($10,000 each up front and $2500 per month per machine.) You’ll have to have money ready to pay brokerage fees and set up a back office filled with at least 3 or 4 $40,000 per year clerks.

You’ll have to provide them nice offices and advertise to bring money into your fund.

So, have at least 2 if not 3 million of start up capital in mind, gather that together and go for it.

Risk & Money Management are very important, if not the most important issues that must always be addressed by anyone seriously considering trading the Markets. They cater for the preservation of both your Initial & Accumulated Trading Capital. You may already have a great system or set of rules to determine what to buy but if your method of Money Management is clumsy, you will lose money, unnecessarily! Once buying that share your role is no longer as a Trader or investor but a Risk Manager. At some point in time your trading system will meet a draw down period (losing streak) and if you don’t know what to do, you will lose your feeling of control and try to desperately trade your way out of this crisis. Many people feel despondent and abandon a perfectly good trading system, or give up trading altogether with large profits still to be made. As a Trader or Investor, you’re destined to fail without proven Risk / Money Management rules. Managing the Capital in your trading account, controlling the risk it’s exposed to, the size of each trade, together with exit strategies are all pre-requisites of any Money/Risk Management System and successful trading. All these issues and more are covered with JBL Risk Manager. Short Selling now also included in trial. Now also available: Multiple Portfolios, Stock Split Adjustments, preset Brokerage fees including % and provision to select either short or medium term trading or long term investing. 14 day FREE evaluation now available. Trial the program today at http://www.paconsulting.net.au/Share-Trading-Investing-FX/jbl-risk-manager/

Duration : 0:10:39

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Technorati Tags: Expectancy, investing, loss, management, money, Profit, risk, Sharemarket, Shares, software, stockmarket, Stop, Trade, trading

I am a 17 year old girl and I usually just end up spending all my money. But I don’t want to just put it all away in a savings account. What are your best methods for me to not spend it all?

If you start now and save 10% of your money now and all of the time for the future you will be well equipped for the rest of your life. Just open up a savings account (for now) and always put 10 % of your earnings in there never to be touched.

the second part of this is that make the decision to never spend more money than you make. Do not get into the game of living on credit cards. this is financial suicide

all the best to you

I’m looking for one that will connect to my online financial accounts (banks, credit cards, investments, etc). Microsoft Money? Quicken? Something else?
Ok – I have one vote for MM and one for Quicken. Anyone else want to weigh in? Thanks!

I love Microsoft Money – you can organize all your accounts and run reports on your spending, etc.

http://www.LNCO.org Part 2 of Money Management 101 Series. Learn: Budgeting, Tax Reduction Strategies, Advantages of Business Ownership, Biblical Principles…

Duration : 0:5:24

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Technorati Tags: finance, Lake Norman, Lake Norman Christian Outreach, Lawrence Williams, LNCO, money management, Pastor Lawrence Williams