Apple Investor

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One of the queries I get frequently from Wilderness members, who are not familiar with Technical Analysis, is about terminology, and about the various disciplines within technical Analysis. I’d like to answer each and every one of those questions, but it would take several podcasts to do it. So, what I’m going to do instead is describe the top ten disciplines that make up Technical Analysis, at least from my perspective, and then in later episodes I’ll cover each one in more detail. Some of the disciplines may take several episodes. So, you can look forward to a new episode on technical analysis every week. [click to continue…]

It’s impossible to conjure up a generic asset allocation strategy for someone without knowing their tolerance and capacity for risk, their short and long term goals, and the time they have to dedicate to managing their money. So I’m not going to try to do that. Instead, I’m going to describe my strategy of asset allocation and you decide if that might work for you.

My strategy is partly based on my fundamental investment philosophy that states, preservation of capital comes first, achieving maximum profits second. It’s also based on a variant of a strategy described in the book “The Black Swan: The Impact of the Highly Improbable.” It’s a New York Times best seller, written by Nassim Nicholas Taleb. [click to continue…]

A while back I produced the podcast called Technical Analysis Top Ten List, and in the prologue I said that I would cover each of the top ten in subsequent podcasts. Well, here I’m going to talk about charting, and cover this important topic from two perspectives:

1. An overview of the components of a candlestick chart
2. How to create and annotate charts using StockCharts.com

This tutorial will assume that you don’t have a paid membership with StockCharts.com, and where appropriate I’ll refer to member-only features. But let me say this before we go further, if you’re serious about investing, you’ll want to either buy a high quality program, or get yourself a subscription to StockCharts.com. [click to continue…]

How many successful business out there do you think made it without a well thought out business plan? That’s right, very, very few. If they did succeed it was probably a fluke or fad. The businesses that are most successful, most certainly had a business plan that was followed, that evolved, that set about principles that ensured its success.

Here’s another poignant question. How many successful traders out there are operating without a business plan? The answer is very few, if any. Virtually all successful traders have a trading plan. So, what makes you think you’re different from all the successful traders? Someone once said, “If you want to be a millionaire, then do what the millionaires do.” And the extension to that saying is, “If you want to do anything well, then do what the successful people do.” The winners have discovered how to be a winner, you can benefit from their experience, their knowledge, their wisdom. [click to continue…]