Futures :: Forex Trading

Investors Business Daily Newspaper For Trading

I received one of those letters in the mail from Investors Business Daily, the one that says you get 3 free weeks with no obligation.

There are so many advertisements that are not truthful I almost don’t believe anything anymore, but I mailed it in anyway.

I know if I could get more information on some of the futures I trade I could make a lot more money, and I am not against trying something in the stock market if I can figure out an edge that will work for me.

Anyway, I started getting the Investors Business Daily and they sent it for about 6 weeks not just 3, so I have to give them credit, they did more than they advertised.  

I really wished I could have found something that I could have used, but for the trading I am doing now I just didn’t find the newspaper that helpful.

The paper is a good paper and I am sure for a lot of people it provides very valuable information.

But I am mostly looking to figure out how low can futures prices go.  The more accurate I can estimate the bottom on the futures markets the more money I can make.

Even being highly inaccurate it looks like I am going to be able to make around 30% this year.  If I could get some information that would make me a little more accurate I think that a return of 50% would not be out of the question.

The Investors Business Daily while filled with lots of great information just didn’t have anything that I could really use the way I trade futures right now.

If I decide to change my style of trading then I would consider subscribing to their paper again.

Wednesday, November 09, 2005