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	<title>Comments on: Ah, time to update again.</title>
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	<link>http://www.erica.biz/2005/ah-time-to-update-again/</link>
	<description>Erica Douglass, &#34;temporarily retired&#34; after selling a successful business at age 26, writes thought-provoking blog entries challenging you to change your life and daring you to become more successful.</description>
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		<title>By: kesuki</title>
		<link>http://www.erica.biz/2005/ah-time-to-update-again/#comment-381</link>
		<dc:creator>kesuki</dc:creator>
		<pubDate>Tue, 09 Aug 2005 01:08:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.slashchick.com/?p=109#comment-381</guid>
		<description>you can make money on it, but it&#039;s a lot like gambling, if you go in knowing the risks, with a solid betting strategy you&#039;ll never loose more money than you planned to loose and you&#039;ll gain as much money as is possible to gain from the strategies you&#039;re following.

The stock market is gambling, gambling that your money is going to go where you want it to when you want it to, and that you&#039;ve made the right decision at the right time, to make money off the trades you&#039;re executing.   There is no &#039;zero risk&#039; investment.

People trying to convince you that there is no risk of loosing money are assuming that you&#039;re going to be smart about how you execute the trades, people who are too slow, or execute trades at the wrong times DO loose a lot of money, that is the &#039;risk&#039; that you&#039;re making the right choice, at the right time, and that you can have orders executed fast enough.

Don&#039;t be conned into beleieving it&#039;s a no risk investment, or that it&#039;s &#039;easy.&#039;  the only thing that is &#039;easy&#039; about it is that if you&#039;re confidant in what you&#039;re doing, and you&#039;re pulling it off right, and you&#039;re willing to loose most of the money you&#039;re risking, if you make a mistake.. well, then yeah, it&#039;s &#039;easy.&#039;   Just don&#039;t become emotional about the whole trading thing, or else you&#039;ll be just like a problem gambler, and make the simple mistakes that can cost you everything.

Listen to there advice, and make sure you&#039;re really doing everything right, and once you start doing well, set aside profits, and keep risking the same initial investment while your &#039;profits&#039; accumulate in something safe.</description>
		<content:encoded><![CDATA[<p>you can make money on it, but it&#8217;s a lot like gambling, if you go in knowing the risks, with a solid betting strategy you&#8217;ll never loose more money than you planned to loose and you&#8217;ll gain as much money as is possible to gain from the strategies you&#8217;re following.</p>
<p>The stock market is gambling, gambling that your money is going to go where you want it to when you want it to, and that you&#8217;ve made the right decision at the right time, to make money off the trades you&#8217;re executing.   There is no &#8216;zero risk&#8217; investment.</p>
<p>People trying to convince you that there is no risk of loosing money are assuming that you&#8217;re going to be smart about how you execute the trades, people who are too slow, or execute trades at the wrong times DO loose a lot of money, that is the &#8216;risk&#8217; that you&#8217;re making the right choice, at the right time, and that you can have orders executed fast enough.</p>
<p>Don&#8217;t be conned into beleieving it&#8217;s a no risk investment, or that it&#8217;s &#8216;easy.&#8217;  the only thing that is &#8216;easy&#8217; about it is that if you&#8217;re confidant in what you&#8217;re doing, and you&#8217;re pulling it off right, and you&#8217;re willing to loose most of the money you&#8217;re risking, if you make a mistake.. well, then yeah, it&#8217;s &#8216;easy.&#8217;   Just don&#8217;t become emotional about the whole trading thing, or else you&#8217;ll be just like a problem gambler, and make the simple mistakes that can cost you everything.</p>
<p>Listen to there advice, and make sure you&#8217;re really doing everything right, and once you start doing well, set aside profits, and keep risking the same initial investment while your &#8216;profits&#8217; accumulate in something safe.</p>
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		<title>By: D.J. Capelis</title>
		<link>http://www.erica.biz/2005/ah-time-to-update-again/#comment-382</link>
		<dc:creator>D.J. Capelis</dc:creator>
		<pubDate>Mon, 08 Aug 2005 14:12:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.slashchick.com/?p=109#comment-382</guid>
		<description>Looks like we&#039;ve got a few more months of interesting blog content stocked up. :)

As for the currency trading, I think you&#039;ll do fine, it&#039;s quite different from any other exchange.  You don&#039;t seem that you&#039;ll actually lose much from trying, so I suppose you might as well.  Here&#039;s hoping for big money.

Good luck in Vegas.</description>
		<content:encoded><![CDATA[<p>Looks like we&#8217;ve got a few more months of interesting blog content stocked up. <img src='http://www.erica.biz/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>As for the currency trading, I think you&#8217;ll do fine, it&#8217;s quite different from any other exchange.  You don&#8217;t seem that you&#8217;ll actually lose much from trying, so I suppose you might as well.  Here&#8217;s hoping for big money.</p>
<p>Good luck in Vegas.</p>
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