Archive for July, 2009

What tools are you using to get money?

By TheMoneyMaven ⋅ July 13, 2009 ⋅ 3 comments

Everyday we hear of different people making money in different areas. We then try to jump from field to field thinking we can mimic those same things without the properly tools. You can’t expect to play professional basketball without having a great jump shot, nor can you flip real estate without knowing how [...]

No Edge

By TheMoneyMaven ⋅ July 11, 2009 ⋅ 2 comments

Right now I’m staring at the charts trying to see if I can find any type of edge going into next week. There isn’t one. The S&P closed at one of the two necklines for this head and shoulders pattern. Last week I said 888 was the neckline but others respectable technicians [...]

Head, Shoulders, Knees, and Toes

By TheMoneyMaven ⋅ July 8, 2009 ⋅ Post a comment

Everybody betting on the Head and Shoulders pattern developing in the market and at the same time it is working. I think this is one of the few times that a pattern so widely known is actually carrying out. But like they say, knowing is only half the battle. The key is [...]

Maven Rule: Work for Profit not Wages

By TheMoneyMaven ⋅ July 8, 2009 ⋅ 3 comments

Most people make money by trading hours for dollars. There are many ways to trade hours for dollar. The most common is call a job. You go to work for a set amount of time in exchange for money. Or you’re a professional, like a doctor, lawyer or social media consultant and bill your clients [...]

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