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  1. O

    The Active Forex Traders Discussion

    INVESTING HOT! 
    I've traded full time for a few years... if you're a discretionary trader (I am/was), you need to spend time understanding 'what' you're learning. This was really hard for me, and I imagine it was hard for everyone, because the people who teach trading dont talk about it. If you spend all day...
  2. O

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Shitty time to be trading off technicals... eyes aren't on the screens, they're on the headlines and the markets are thin. Personally, I've taken the year off to pursue another business. Until europe is worked out, you're going to have a tough time of it because the flow of funds is erratic...
  3. O

    $3,000 to $1,000,000 in 15 months: HOW TO DO IT

    IDEA 
    That's about as realistic as perpetual motion. 20% hit rate with fliers.. lolz. For an app in 2 of the most crowded market places, +2 lolz. I think you need to do some more homework if you're serious about ever making it as an entrepreneur.
  4. O

    Everyone loves a good logo... can you help me choose?

    WEB/DIGITAL 
    Hey guys, Thanks for the feedback. Much appreciated, just a quick update to let you know how it has gone. I'm located in Australia, so I've done my homework as far as domestic trademarks are concerned. These look ok to me legally. The market space here is pretty small, the competitors are...
  5. O

    Everyone loves a good logo... can you help me choose?

    WEB/DIGITAL 
    Hey guys, I've been playing with crowdsourcing logo design... it has been a little more grueling then I expected. Anyway, i'm starting a new mobile phone business targeting (mainly) women. These are the 7 final logos, whittled down from 120+ submissions. Craziness.. Crowdsourcing the volumes...
  6. O

    $3,000 to $1,000,000 in 15 months: HOW TO DO IT

    IDEA 
    This is not advice, this is opinion. Leverage is a part of every successful business, it is neither good nor bad. Too much leverage and you blow up, too little and you will be swallowed by your competitors. It's not how big it is, it's how you use it :P Regarding FX, it is just a market place...
  7. O

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Carriew, I thought I'd chime in given the ridiculous comments by stressfree, whom I assume is either a kid at school, or a comfortably employed nobody who thinks that all it takes to run a business and make the 'big bucks' is a big attitude. Life will sort him out sooner or later. Back testing...
  8. O

    Extreme startup strategy

    ehehe yeah that was a 3 pot screamer.. not getting enough sleep atm and caffiene is a poor substitute. My corporate background is in business management. But I am a 'business addict', and it is rare for me to not have a book, a newspaper, or a laptop in front of me. I love economics, finance...
  9. O

    The Active Forex Traders Discussion

    INVESTING HOT! 
    I'm a bit late to the party on this one, but I thought I could contribute. A book that is essential to anyone getting into the trading game is "trade your Way to Financial Freedom' by van tharpe. A bit of a corny title, but this is a serious book for people who want to invest to make money (not...
  10. O

    Extreme startup strategy

    Ok.. i'll bite. Im in the mood for a caffiene fueled rant. I wouldn't normally bother, but I am procrastinating form work I should be doing... YOU'RE NOT BUYING THE COMPANY- BOND HOLDERS AND CREDITORS ARE You're just getting control. There is a difference. Don't confuse LBOs with flipping...
  11. O

    Extreme startup strategy

    My problem with this model is that it's a great deal of risk, without a lot of value creation. Sure, if I could get involved in stripping down a company like that I would, but as an outsider and market investor, its a nasty business. You're just extracting value, and by doing so weakening the...
  12. O

    How would you make this business a success?

    The second place probably got the location and prior fit-out for a steal.. so they'll have lower level of debt to manage. So they can do exactly what the last business did and survive due to a lower cost base :D
  13. O

    Ok, sorry. Haven't been told it was spammy before (used it on a few sites). I've reposted. Can...

    Ok, sorry. Haven't been told it was spammy before (used it on a few sites). I've reposted. Can you confirm that it's ok now? I've just said what the blog is, and left out the promo bit about tools etc.
  14. O

    How to Save Yourself in this Recession

    HOT! 
    One thing that trading has taught me well, is that it's better to protect what you have, then risk it all on the future. You can't know the future, but it is extremely tempting to avoid taking a small loss now on the unfounded belief that things will be better later. But what if you take...
  15. O

    Today's Message to Young Entrepreneurs

    Still too early to call bottom on this thing.. IMO this year is Asia's turn to bleed. Exporters are collapsing, employment and property values are falling... soon Asian banks will join their US and UK counterparts in the toilet, or on taxpayer life support. We aren't protected... it's just...
  16. O

    Website Development Books

    it really depends on 'where you are' right now.. the web is full of free stuff, you don't need to pay for it. Are you interested in building, operating, or marketing your site? Checkout entrepreneurs-journey.com for a lot of basics on blogging and making money online. (i'm not affiliated with...
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