Sunday, July 30, 2006

Bulls and Bears

I attended a seminar session of the Bulls and Bears Traders at the Harbord Diggers Club today with my trading mate Joe. I'd given them my email address at the last Investors and Traders show and received an email inviting me to attend their seminars. We went along to see whether it was worthwhile and got a pleasant surpise. Two good speakers, and found an interesting group of people who are developing a Traders/Investors group that can provide training at much lower costs than the entrepreneurs charge for Education and Training. We both decided that the fee was well worth it for the opportunities available. This included the lowest cost platform for CFD trading we've come across and it can be free for an extended period (more than twenty days) while you are learning how to work it with paper money.

The second speaker gave a very good presentation on the current stockmarket position looking at the major drivers, Gold, Oil and Interest Rates. He covered this from both the Fundamental and Technical Analysis viewpoints.

We also listened to one of the Jeff Paul CD's on "accurate thinking", which is another perspective on the ideas of Norman Vincent Peale, Napoleon Hill, Bob Proctor, and Maxwell Maltz. In the last few years since I became interested in Share Trading these ideas keep coming up and the "message" is I need to do something about it. So I'm now writing out my goals in the form suggested and will be reviewing them and improving on them continuously as part of the process of changing my self image and achieving goals. Changing the mindset is the key to success!!

On the Website development I now have a much clearer idea of what I'm trying to do and it is coming together. Got to finish it off this week.