Money Management Videos

Have you downloaded the moneyStrands iPhone app yet? It's free and it will help you track and manage your finances on the go. You can view your financial account balances, budget goals and spending analysis in the palm of your hand. Check out this tutorial video to see how it all works!

Author: MichaelYerzy Keywords: Money Management Added: October 23, 2009

The Blog Entry that Accompanies this Vlog is at: http://investorandtrader.blogspot.com... My Daily Blog is at: http://investorandtrader.blogspot.com/ My channel at BlogTV is: http://www.blogtv.com/People/Airelon My Podcast is at: http://airelon.podbean.com/ and embedded in the daily blog. This video is a remake video, where I am improving the video quality, and taking care of a few other issues I think, at times, I try to stress money management principles so strongly to new traders? That I may end up overlooking another vital aspect of becoming a good trader. Psychology. And honestly, I do believe that you can understand money management principles, but if you do not understand the importance of self-discipline and emotional control? Even money management principles and strategies cannot help you as a trader. You will end up blowing up your account. So what aspects need considered when it comes to the 'psychology of trading'? I discuss that in the vlog entry below ... NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc

The Blog Entry that Accompanies this Vlog is at: http://investorandtrader.blogspot.com/2009/04/money-management-commissions-video.html My Daily Blog is at: http://investorandtrader.blogspot.com/ My channel at BlogTV is: http://www.blogtv.com/People/Airelon My Podcast is at: http://airelon.podbean.com/ and embedded in the daily blog. In the previous entry, I discussed how important it is to consider the danger of overtrading, and how it relates to your account size with a given time period. In the following video, I discuss the enemy of the low funded trader and investor. Commissions. NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance

It turns out the best money management tool and personal finance software is completely free. Daily Grommet is fetauring Mint.com, founded by Aaron Patzer, who came up with the idea back in 2005 while using Quicken to do his personal budgeting. After several hours he still couldn't answer two key questions: How much did I spend this month? And on what? (Sound familiar?) He decided he could create something better for managing personal finances. Patzer's award-winning website budget and money management website helps you consolidate all of your accounts into one easily-viewable dashboard (it even offers a handy iPhone app). Get the whole story at http://www.dailygrommet.com

The Blog Entry that accompanies this vlog is at: http://investorandtrader.blogspot.com/2008/05/question-order-types.html My Daily Blog is at: http://investorandtrader.blogspot.com/ I received a question Friday from a viewer I've had for a while now, wawbwc. It reads thus: Dan, Can you explain the various order methods? (Limit, Stop, Stop Limit, and Trail Stop). I have read the explanations and I am not comfortable using them. I usually go with Market or Limit orders. What is the difference between Limit First of all, thanks for the welcome home, and the extremely kind comments. I very much appreciate them. I try to explain the different order types in the following video . . . NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance