Wednesday, November 10, 2010

Making Money With Options

The power of hands-on learning is indisputable. But when it comes to investing your money in the stock market, however, making a beginner’s mistake can cost you more than just your self-esteem. Thankfully, the web makes it easy to practice with virtual money.

There are a multitude of online investment games like Investopedia and gnuTrade that play with virtual money, but not all of them are easy for beginners. Here are five of the best free (because you shouldn’t have to spend real money to play with fake money) online games for getting your feet wet.

1. Wall Street Survivor

Invest $100,000 in virtual cash via drop-down menu choices. A friendly cartoon version of stock guru Mark Brookshire helps you make your final decision by providing some rating numbers when you input a stock. These include a rating for survivor sentiment, fundamentals, technical and a Motley Fool Rating.

For additional help choosing stocks, the site has an impressive resource library that spans beginner, intermediate and advanced levels. Start with Investing 101 and consider taking advantage of the community forums if you have specific questions. Those who need a little help getting started can also choose to adapt one of the preset portfolios created by proven traders.

While the $100,000 competition is most popular, anybody on the site can create a contest. Prizes vary, but most often consist of competitive pride.

2. HowTheMarketWorks

Owned by the same company as Wall Street Survivor, this game is great for investors looking to gain experience with a new type of portfolio. In addition to stocks and indexes, there are options to experiment with Forex portfolios, penny stocks, mutual funds and short selling.

Beginners can execute market order-based trades in a “fun mode” without worrying about things like set hours, maximum number of trades per day, per stock and order expiration. A “realistic mode” amps up the complexity after they’ve mastered the beginner level.

Players can manage up to three stock portfolios and three Forex portfolios on the site at once. For each portfolio, they select a starting value between $100 and $500,000 and set how much virtual commission you are charged per trade.

The competition aspect is optional. General monthly contests give each player $25,000 as a virtual starting point. Other public contests include challenging restrictions like “short sells only” or “penny stocks only.” Users can create their own password-protected games as well, which is a feature that teachers find helpful for creating class competitions.

3. Young Money Stock Market Game

Young Money Magazine’s stock exchange game is easy to learn but also fairly realistic, which is a hard balance to strike.

Realistic aspects include a virtual commission that’s taken out of each trade, adhering to market hours and rules about how you can invest. Unlike many investing games, trades are made at a real-time price. Learning aspects include convenient help icons on key terms and an intuitive tabbed interface.

The site runs a monthly contest with a $100 (real) cash prize that goes to whoever gained the highest percentage. Players can also create their own contests or join other user-made contests.

4. MarketWatch Fantasy Earnings Trader Game

MarketWatch will run this mock stock market contest for a total of four weeks, awarding the winner of each week with an iPad. It’s on week three right now, but there’s still time to get in on the competition for week four.

You must have your selections picked before the week starts on Monday. The shares that you select are “purchased” at Monday’s open and will “sell” automatically at Friday’s close.

The catch is that all players can only use the 15 to 20 symbols selected for each week. The companies are selected by the game owner for companies that are projecting their earnings during each week. Lining up picks is easy — players simply drag the company’s logo to their trading card and designate if they want to sell short or go long.

Although there are some pros playing, this game is especially manageable for beginners due to the limited stock options for each week.

5. UpDown

Like Young Money’s game, UpDown has helpful icons that explain key terms for beginners. More comprehensive resources in the education center mercifully cover even the most basic of investing concepts.

Community features, like the opportunity to collaborate with a group and to see the most-bought and most-sold stocks, are also helpful for beginners. The “watch list” tool provides a convenient dashboard for monitoring potential picks.

UpDown sponsors a monthly contest that rewards players who beat the market with real cash.

More Business Resources from Mashable:

- 5 Lessons to Learn from Web Startups/> - 20 of the Best Resources to Get Your Startup Off the Ground/> - 5 Startup Tips From the Father of Gmail and FriendFeed/> - 6 Ways to Recruit Talent for Startups/> - 10 Essential Tips for Building Your Small Biz Team

Image courtesy of iStockphoto, H-Gall

For more Business coverage:

    class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

The Commitment of Traders Report is created by the CFTC – The Commodity Futures Trading Commission and is published weekly every Friday. This body gathers and publishes the open futures positions on all publicly traded US futures contracts as well as the corresponding options. The data consists of 3 main categories.


Commercial Traders – These are the bigger players in the markets, the smart money and consist of large firms that actually use the commodity being traded, includes companies like…BP in the Oil and Gas Market, Nestle in the Cocoa and Sugar market. The main function of these traders is to hedge the price of the commodity that they trade in.


Large Speculators – These consist primarily of commodity fund traders and are mainly trend following. The position sizes of these traders tends to be in tandem with the movement of price.


Small Speculators – The little guys, individual traders and small firms, these are the traders that tend to be wrong in the market at the tops and bottoms of markets.


How do we use this data? We believe that the COT Index offers a good indication of market sentiment and future direction. The key is to follow the smart money (Commercial) and trade against the other 2 groups when they are at an extreme.

Extremes in the data are figures below 30.00 and above 70.00. The ideal situation for a short position is a low reading in the Commercial COT and high readings in the Large and Small trader numbers. For example the Commercial COT Index reads 5.97, this means that the net commercial position is strongly biased to the short side. The Large and Retail (our main contrarian focus) are reading 97.70 and 100.00 respectively, meaning they are the most long side biased they have been in the last 6 months. For traders this means that their focus should be on short side trades, the goal is to follow the commercial traders when the other 2 groups at opposite extremes.  This is the ideal alignment of the groups for optimum success.


This weeks COT Index Review





e-mini S&P 500: We started last week with a punch through the 6 month highs, although we had a bullish start the week ended relatively neutral. COT positioning however remains strong on the long side. We see no reason for this to change on the basis of the COT report.


Signal:  Bullish





EURUSD: More volatile but ultimately sideways action from the EURUSD, COT positioning has weakened a little from the 6 month high we had in the previous report but the overall position remains to the long side.


Signal: Bullish





GBPUSD: In last weeks report we asked the question, are we seeing an accumulation pull back? The answer from the market was most certainly yes! As the GBPUSD rallied over 350 pips from the lows after a very bullish COT reading. This weeks COT again is bullish although not quite at the level of the previous week.


Signal: Bullish





USDJPY: Our COT analysis has been very bearish on the USDJPY for a long while and last weeks action provided a big confirmation of that view, with the USDJPY making 15 year lows.! Although Cot has softened a little this week, it remains bearish


Signal: Bearish


Retail Trader Position Analysis

Also known as the Long-Short ratio this is a tool primarily offered by Forex firms, we haven’t been able to come across the same data in the futures as yet. The data is based upon the collective trades and trading direction of many thousands of retail traders (the average Joe). This group of traders is notoriously wrong at predicting market direction, market tops and bottoms with some simple analysis we can look at this data and take a contrarian view, for example if over 70% of retail traders are long USDJPY this offers us a short bias. Savvy traders should then be focusing there energies on short side trades.




USDJPY: Retail positioning of the USDJPY has reached the stratospheric levels of 83.68% Long! Amazing! The strength of the Yen remains strong, there are market rumors of further intervention to be announced.





EURUSD: A volatile but ultimately sideways week for the Euro, retail traders remain short but with a slightly weaker position than what we saw last week.





GBPUSD: Retail positioning in the pound shifted dramatically last week, with the percentage of traders short is now 66.56%! This takes them in to our Strong Long zone on the anti-retail trader tool.

Provided by Pivotfarm - The Home of Support and Resistance Trading


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


eric seiger

The power of hands-on learning is indisputable. But when it comes to investing your money in the stock market, however, making a beginner’s mistake can cost you more than just your self-esteem. Thankfully, the web makes it easy to practice with virtual money.

There are a multitude of online investment games like Investopedia and gnuTrade that play with virtual money, but not all of them are easy for beginners. Here are five of the best free (because you shouldn’t have to spend real money to play with fake money) online games for getting your feet wet.

1. Wall Street Survivor

Invest $100,000 in virtual cash via drop-down menu choices. A friendly cartoon version of stock guru Mark Brookshire helps you make your final decision by providing some rating numbers when you input a stock. These include a rating for survivor sentiment, fundamentals, technical and a Motley Fool Rating.

For additional help choosing stocks, the site has an impressive resource library that spans beginner, intermediate and advanced levels. Start with Investing 101 and consider taking advantage of the community forums if you have specific questions. Those who need a little help getting started can also choose to adapt one of the preset portfolios created by proven traders.

While the $100,000 competition is most popular, anybody on the site can create a contest. Prizes vary, but most often consist of competitive pride.

2. HowTheMarketWorks

Owned by the same company as Wall Street Survivor, this game is great for investors looking to gain experience with a new type of portfolio. In addition to stocks and indexes, there are options to experiment with Forex portfolios, penny stocks, mutual funds and short selling.

Beginners can execute market order-based trades in a “fun mode” without worrying about things like set hours, maximum number of trades per day, per stock and order expiration. A “realistic mode” amps up the complexity after they’ve mastered the beginner level.

Players can manage up to three stock portfolios and three Forex portfolios on the site at once. For each portfolio, they select a starting value between $100 and $500,000 and set how much virtual commission you are charged per trade.

The competition aspect is optional. General monthly contests give each player $25,000 as a virtual starting point. Other public contests include challenging restrictions like “short sells only” or “penny stocks only.” Users can create their own password-protected games as well, which is a feature that teachers find helpful for creating class competitions.

3. Young Money Stock Market Game

Young Money Magazine’s stock exchange game is easy to learn but also fairly realistic, which is a hard balance to strike.

Realistic aspects include a virtual commission that’s taken out of each trade, adhering to market hours and rules about how you can invest. Unlike many investing games, trades are made at a real-time price. Learning aspects include convenient help icons on key terms and an intuitive tabbed interface.

The site runs a monthly contest with a $100 (real) cash prize that goes to whoever gained the highest percentage. Players can also create their own contests or join other user-made contests.

4. MarketWatch Fantasy Earnings Trader Game

MarketWatch will run this mock stock market contest for a total of four weeks, awarding the winner of each week with an iPad. It’s on week three right now, but there’s still time to get in on the competition for week four.

You must have your selections picked before the week starts on Monday. The shares that you select are “purchased” at Monday’s open and will “sell” automatically at Friday’s close.

The catch is that all players can only use the 15 to 20 symbols selected for each week. The companies are selected by the game owner for companies that are projecting their earnings during each week. Lining up picks is easy — players simply drag the company’s logo to their trading card and designate if they want to sell short or go long.

Although there are some pros playing, this game is especially manageable for beginners due to the limited stock options for each week.

5. UpDown

Like Young Money’s game, UpDown has helpful icons that explain key terms for beginners. More comprehensive resources in the education center mercifully cover even the most basic of investing concepts.

Community features, like the opportunity to collaborate with a group and to see the most-bought and most-sold stocks, are also helpful for beginners. The “watch list” tool provides a convenient dashboard for monitoring potential picks.

UpDown sponsors a monthly contest that rewards players who beat the market with real cash.

More Business Resources from Mashable:

- 5 Lessons to Learn from Web Startups/> - 20 of the Best Resources to Get Your Startup Off the Ground/> - 5 Startup Tips From the Father of Gmail and FriendFeed/> - 6 Ways to Recruit Talent for Startups/> - 10 Essential Tips for Building Your Small Biz Team

Image courtesy of iStockphoto, H-Gall

For more Business coverage:

    class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

The Commitment of Traders Report is created by the CFTC – The Commodity Futures Trading Commission and is published weekly every Friday. This body gathers and publishes the open futures positions on all publicly traded US futures contracts as well as the corresponding options. The data consists of 3 main categories.


Commercial Traders – These are the bigger players in the markets, the smart money and consist of large firms that actually use the commodity being traded, includes companies like…BP in the Oil and Gas Market, Nestle in the Cocoa and Sugar market. The main function of these traders is to hedge the price of the commodity that they trade in.


Large Speculators – These consist primarily of commodity fund traders and are mainly trend following. The position sizes of these traders tends to be in tandem with the movement of price.


Small Speculators – The little guys, individual traders and small firms, these are the traders that tend to be wrong in the market at the tops and bottoms of markets.


How do we use this data? We believe that the COT Index offers a good indication of market sentiment and future direction. The key is to follow the smart money (Commercial) and trade against the other 2 groups when they are at an extreme.

Extremes in the data are figures below 30.00 and above 70.00. The ideal situation for a short position is a low reading in the Commercial COT and high readings in the Large and Small trader numbers. For example the Commercial COT Index reads 5.97, this means that the net commercial position is strongly biased to the short side. The Large and Retail (our main contrarian focus) are reading 97.70 and 100.00 respectively, meaning they are the most long side biased they have been in the last 6 months. For traders this means that their focus should be on short side trades, the goal is to follow the commercial traders when the other 2 groups at opposite extremes.  This is the ideal alignment of the groups for optimum success.


This weeks COT Index Review





e-mini S&P 500: We started last week with a punch through the 6 month highs, although we had a bullish start the week ended relatively neutral. COT positioning however remains strong on the long side. We see no reason for this to change on the basis of the COT report.


Signal:  Bullish





EURUSD: More volatile but ultimately sideways action from the EURUSD, COT positioning has weakened a little from the 6 month high we had in the previous report but the overall position remains to the long side.


Signal: Bullish





GBPUSD: In last weeks report we asked the question, are we seeing an accumulation pull back? The answer from the market was most certainly yes! As the GBPUSD rallied over 350 pips from the lows after a very bullish COT reading. This weeks COT again is bullish although not quite at the level of the previous week.


Signal: Bullish





USDJPY: Our COT analysis has been very bearish on the USDJPY for a long while and last weeks action provided a big confirmation of that view, with the USDJPY making 15 year lows.! Although Cot has softened a little this week, it remains bearish


Signal: Bearish


Retail Trader Position Analysis

Also known as the Long-Short ratio this is a tool primarily offered by Forex firms, we haven’t been able to come across the same data in the futures as yet. The data is based upon the collective trades and trading direction of many thousands of retail traders (the average Joe). This group of traders is notoriously wrong at predicting market direction, market tops and bottoms with some simple analysis we can look at this data and take a contrarian view, for example if over 70% of retail traders are long USDJPY this offers us a short bias. Savvy traders should then be focusing there energies on short side trades.




USDJPY: Retail positioning of the USDJPY has reached the stratospheric levels of 83.68% Long! Amazing! The strength of the Yen remains strong, there are market rumors of further intervention to be announced.





EURUSD: A volatile but ultimately sideways week for the Euro, retail traders remain short but with a slightly weaker position than what we saw last week.





GBPUSD: Retail positioning in the pound shifted dramatically last week, with the percentage of traders short is now 66.56%! This takes them in to our Strong Long zone on the anti-retail trader tool.

Provided by Pivotfarm - The Home of Support and Resistance Trading


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


eric seiger

eric seiger

Circus of Horrors X by Mark Berry - Photographer &amp; Graphic Designer


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


eric seiger

The power of hands-on learning is indisputable. But when it comes to investing your money in the stock market, however, making a beginner’s mistake can cost you more than just your self-esteem. Thankfully, the web makes it easy to practice with virtual money.

There are a multitude of online investment games like Investopedia and gnuTrade that play with virtual money, but not all of them are easy for beginners. Here are five of the best free (because you shouldn’t have to spend real money to play with fake money) online games for getting your feet wet.

1. Wall Street Survivor

Invest $100,000 in virtual cash via drop-down menu choices. A friendly cartoon version of stock guru Mark Brookshire helps you make your final decision by providing some rating numbers when you input a stock. These include a rating for survivor sentiment, fundamentals, technical and a Motley Fool Rating.

For additional help choosing stocks, the site has an impressive resource library that spans beginner, intermediate and advanced levels. Start with Investing 101 and consider taking advantage of the community forums if you have specific questions. Those who need a little help getting started can also choose to adapt one of the preset portfolios created by proven traders.

While the $100,000 competition is most popular, anybody on the site can create a contest. Prizes vary, but most often consist of competitive pride.

2. HowTheMarketWorks

Owned by the same company as Wall Street Survivor, this game is great for investors looking to gain experience with a new type of portfolio. In addition to stocks and indexes, there are options to experiment with Forex portfolios, penny stocks, mutual funds and short selling.

Beginners can execute market order-based trades in a “fun mode” without worrying about things like set hours, maximum number of trades per day, per stock and order expiration. A “realistic mode” amps up the complexity after they’ve mastered the beginner level.

Players can manage up to three stock portfolios and three Forex portfolios on the site at once. For each portfolio, they select a starting value between $100 and $500,000 and set how much virtual commission you are charged per trade.

The competition aspect is optional. General monthly contests give each player $25,000 as a virtual starting point. Other public contests include challenging restrictions like “short sells only” or “penny stocks only.” Users can create their own password-protected games as well, which is a feature that teachers find helpful for creating class competitions.

3. Young Money Stock Market Game

Young Money Magazine’s stock exchange game is easy to learn but also fairly realistic, which is a hard balance to strike.

Realistic aspects include a virtual commission that’s taken out of each trade, adhering to market hours and rules about how you can invest. Unlike many investing games, trades are made at a real-time price. Learning aspects include convenient help icons on key terms and an intuitive tabbed interface.

The site runs a monthly contest with a $100 (real) cash prize that goes to whoever gained the highest percentage. Players can also create their own contests or join other user-made contests.

4. MarketWatch Fantasy Earnings Trader Game

MarketWatch will run this mock stock market contest for a total of four weeks, awarding the winner of each week with an iPad. It’s on week three right now, but there’s still time to get in on the competition for week four.

You must have your selections picked before the week starts on Monday. The shares that you select are “purchased” at Monday’s open and will “sell” automatically at Friday’s close.

The catch is that all players can only use the 15 to 20 symbols selected for each week. The companies are selected by the game owner for companies that are projecting their earnings during each week. Lining up picks is easy — players simply drag the company’s logo to their trading card and designate if they want to sell short or go long.

Although there are some pros playing, this game is especially manageable for beginners due to the limited stock options for each week.

5. UpDown

Like Young Money’s game, UpDown has helpful icons that explain key terms for beginners. More comprehensive resources in the education center mercifully cover even the most basic of investing concepts.

Community features, like the opportunity to collaborate with a group and to see the most-bought and most-sold stocks, are also helpful for beginners. The “watch list” tool provides a convenient dashboard for monitoring potential picks.

UpDown sponsors a monthly contest that rewards players who beat the market with real cash.

More Business Resources from Mashable:

- 5 Lessons to Learn from Web Startups/> - 20 of the Best Resources to Get Your Startup Off the Ground/> - 5 Startup Tips From the Father of Gmail and FriendFeed/> - 6 Ways to Recruit Talent for Startups/> - 10 Essential Tips for Building Your Small Biz Team

Image courtesy of iStockphoto, H-Gall

For more Business coverage:

    class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

The Commitment of Traders Report is created by the CFTC – The Commodity Futures Trading Commission and is published weekly every Friday. This body gathers and publishes the open futures positions on all publicly traded US futures contracts as well as the corresponding options. The data consists of 3 main categories.


Commercial Traders – These are the bigger players in the markets, the smart money and consist of large firms that actually use the commodity being traded, includes companies like…BP in the Oil and Gas Market, Nestle in the Cocoa and Sugar market. The main function of these traders is to hedge the price of the commodity that they trade in.


Large Speculators – These consist primarily of commodity fund traders and are mainly trend following. The position sizes of these traders tends to be in tandem with the movement of price.


Small Speculators – The little guys, individual traders and small firms, these are the traders that tend to be wrong in the market at the tops and bottoms of markets.


How do we use this data? We believe that the COT Index offers a good indication of market sentiment and future direction. The key is to follow the smart money (Commercial) and trade against the other 2 groups when they are at an extreme.

Extremes in the data are figures below 30.00 and above 70.00. The ideal situation for a short position is a low reading in the Commercial COT and high readings in the Large and Small trader numbers. For example the Commercial COT Index reads 5.97, this means that the net commercial position is strongly biased to the short side. The Large and Retail (our main contrarian focus) are reading 97.70 and 100.00 respectively, meaning they are the most long side biased they have been in the last 6 months. For traders this means that their focus should be on short side trades, the goal is to follow the commercial traders when the other 2 groups at opposite extremes.  This is the ideal alignment of the groups for optimum success.


This weeks COT Index Review





e-mini S&P 500: We started last week with a punch through the 6 month highs, although we had a bullish start the week ended relatively neutral. COT positioning however remains strong on the long side. We see no reason for this to change on the basis of the COT report.


Signal:  Bullish





EURUSD: More volatile but ultimately sideways action from the EURUSD, COT positioning has weakened a little from the 6 month high we had in the previous report but the overall position remains to the long side.


Signal: Bullish





GBPUSD: In last weeks report we asked the question, are we seeing an accumulation pull back? The answer from the market was most certainly yes! As the GBPUSD rallied over 350 pips from the lows after a very bullish COT reading. This weeks COT again is bullish although not quite at the level of the previous week.


Signal: Bullish





USDJPY: Our COT analysis has been very bearish on the USDJPY for a long while and last weeks action provided a big confirmation of that view, with the USDJPY making 15 year lows.! Although Cot has softened a little this week, it remains bearish


Signal: Bearish


Retail Trader Position Analysis

Also known as the Long-Short ratio this is a tool primarily offered by Forex firms, we haven’t been able to come across the same data in the futures as yet. The data is based upon the collective trades and trading direction of many thousands of retail traders (the average Joe). This group of traders is notoriously wrong at predicting market direction, market tops and bottoms with some simple analysis we can look at this data and take a contrarian view, for example if over 70% of retail traders are long USDJPY this offers us a short bias. Savvy traders should then be focusing there energies on short side trades.




USDJPY: Retail positioning of the USDJPY has reached the stratospheric levels of 83.68% Long! Amazing! The strength of the Yen remains strong, there are market rumors of further intervention to be announced.





EURUSD: A volatile but ultimately sideways week for the Euro, retail traders remain short but with a slightly weaker position than what we saw last week.





GBPUSD: Retail positioning in the pound shifted dramatically last week, with the percentage of traders short is now 66.56%! This takes them in to our Strong Long zone on the anti-retail trader tool.

Provided by Pivotfarm - The Home of Support and Resistance Trading


eric seiger

Circus of Horrors X by Mark Berry - Photographer &amp; Graphic Designer


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


eric seiger

Circus of Horrors X by Mark Berry - Photographer &amp; Graphic Designer


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


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Circus of Horrors X by Mark Berry - Photographer &amp; Graphic Designer


eric seiger
eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...



I was speaking with a young man recently about starting a new business making money online and he told me about all the different programs he had purchased online but were getting him nowhere. He discussed his frustrations with incomplete information, unfamiliar terms, and just the overwhelming amount of fluff with no real substance he had maxed out his credit cards to buy.

After he vented for a while, he asked a very simple question: "So where do I begin?"

I think my answer surprised him. "You need to start with yourself."

Starting a small business, especially a home-based business making money online, should never be about the business itself - it should be about YOU. You need to know yourself and what you really want out of this type of business. Not everyone should work for themselves and certainly not everyone can succeed online. There are certain characteristics, traits, and skills that are vital to success as a work-at-home entrepreneur. Running a small business from home will be one of the most difficult tasks you can ever attempt if it's not a good fit with your personality and traits.

So is running a business making money online right for you? Ask yourself these questions to gauge your talents, skills, and chances for success.

1. Do you really want to work for yourself? Without true desire, you will not be successful. There needs to be a reason why you want to pursue this business. Making the decision to create a business making money online can be life-changing. You need to make sure it is truly what you want. There are so many other options and opportunities in the world to make money. Running an online business is just one possible choice. If you pursue an online business for the wrong reason (you think it's an easy way to make money, for instance), you may well fail.

2. Are you willing to keep learning and growing? Look at any super-successful athlete, like Michael Jordan, Tiger Woods, or more recently Michael Phelps. Even at the height of their success, they never stopped practicing, never stopped trying to improve. If the best in the world surround themselves with coaches and are never satisfied with their skill level, what does that tell you? You must be willing to invest the time and effort in learning and improving.

3. Can you take responsibility for your own success or failure and prioritize activities for yourself? In other words, are you self-motivated? Self-motivation means you can act because the outcome has personal meaning to you.

4. Can you stick to your plan even when things go wrong? This is perseverance, or the refusal to accept "No" as a final answer. Starting a small business making money online is hard. There are obstacles and challenges, many of which you will not know about until you are up against them. The entrepreneur who refuses to admit defeat and keeps getting up and plugging away, over and over again, is the entrepreneur who will succeed online.

5. Do you know your limitations? Truly successful people know their own weaknesses and figure out ways to compensate. They hire help or outsource what they don't know how to do. Working for yourself does not mean always working by yourself.

Success comes from identifying your talents and desires and then working to use your talents to make your desires come true. After all, someone once said "work is only work when you'd rather be doing something else." So do a thorough inventory of your own traits, likes and desires before committing to running a business making money online from home.


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

Cee-Lo Sings &#39;Fox <b>News</b>&#39; Version of &#39;F--- You&#39; on &#39;Colbert&#39; (VIDEO)

Cee-Lo Green was forced to revise his popular 'F**k You' single when he appeared on 'The Colbert Report' (weeknights, 11:30PM ET on COM). 'As this.

<b>News</b> Corp Names EVP Office Of Chairman – Deadline.com

NEW YORK, NY, November 9, 2010 – News Corporation today announced that Former New York City Department of Education Chancellor Joel Klein will join the Company as Executive Vice President, Office of the Chairman. ...


eric seiger

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