Wednesday, September 26, 2007

Building Wealth Gann Made $50 Million Here's How

W D Gann was one of the most famous investors of all time and a portrait hangs of him in the New York Stock Exchange in recognition of his achievements.

This article is all about how to build wealth and how to do it quickly.

Lets look at Ganns methods and how you can use his tools to make yourself some big profits to.

Ganns Methods

Ganns methods were all based upon the theory that market action repeats itself.

As humans our psychology is constant and as we are ones who create market prices this psychology repeats itself again and again in price action.

Gann used technical analysis to make his trades and when he traded at the turn of the century he employed a team of draughtsman to construct the charts.

Today, traders can simply use computer programs to do the work and there are many good ones about and plenty of Ganns courses, so you can learn the basics and apply them easily.

There are also money managers who use Ganns methods to trade and many have outstanding track records of success with 30% annualised gains and more. If you dont want to trade yourself then this option is open to you.

Trade to build wealth

In fact, you can do all your trades in under an hour a day, from the comfort of your own home. All you need is a computer and an internet connection and you are all set to build some serious wealth.

To trade Ganns methods you need to confidence in them. As with all trading methods you will have losses and it is essential to have the discipline to stick with the system even during periods of losses.

Trading success is based around the following equation:

Trading method + Applied with discipline = Financial success

This may sound obvious, but 90% of investors cant get the second part of the equation right. They cant trade with discipline. They let their emotions dictate their trading moves and end up losing.

Gann removed this emotional component by only doing what his charts told him.

When the majority thought share prices would go on forever in 1929, Gann got ready for the crash! And you guessed it he made a killing in the markets.

Stand Alone from the crowd

Gann was an individual he didnt care what people thought of his methods and he didnt care what people thought of his trades. He simply concentrated on building wealth $50 million dollars of wealth.

Gann can give you the methods and the tools, but only its up to you to use them to build wealth. Gann traded in isolation and you must to.

If you can apply the methods he created with discipline the path is open to you to.

You Have An Advantage Gann Didnt

You have computers where even computers with low specs contain more power than the computers that put man on the moon! We also have the greatest technological innovation ever: The Internet.

These tools can help you build wealth in under an hour a day. Take a look at Ganns methods and you will see a route that could lead you to financial success to.

FREE Gann information on how to build wealth with Gann's trading methods from a company applying Gann's tehcncial trading tools for over 25 years with outstanding success visit:

What to Sell on the Internet?

The phenomenal growth of ecommerce lures more and more people to dream about starting an online business. The question that bothers many and restrains them from realizing their dream is what to sell on the Internet.

If you have spent sometime on the Internet trying to figure out what product or service you should choose to sell online, you must have noticed that people are selling every conceivable product and service over the Internet. Contrary to popular belief, even big ticket items are also selling on the Internet very well. But, nevertheless, it is not very easy for a newbie to find a product rather quickly and start marketing online.

If you are having difficulty in finding a good tangible product to market on the Internet or afraid to manage all the hassles of shipping and handling you may seriously consider selling information online.

According to data, most people browse through the Internet in search of some sorts of information that they require. Survey conducted by Neilsen Media Research shows that Books and Information Category tops the highest selling product and service on the Internet with a significant margin in comparison to other categories. This makes information a natural product for sale on the Internet. Information sells online in the formats of e-books, articles, reports, data, whitepapers etc. If you have expertise in any specific field, you may consider selling your ideas in one of the mentioned format. Check out Clickbanks marketplace to get a good idea what people are selling. You will be truly amazed by the scope of ideas!

Although, information is the most sought after product on the Internet; that does not mean it is an easy-to-sell product. For one thing there are tons of free information available on the Internet, and the second is people on the Internet are not very willing to pay for information. This is the reason why you have to be very careful in choosing the right product to market online.

People will buy your information product, if it is:

- A particular knowledge that they crave

- It makes their life easier, i.e. saves time

- It teaches them some subject that they would like to learn.

Which are the products that fall in these categories?

Expert advises, tips and ideas in a niche field:

Body building tips, dieting secrets, dating ideas, stock trading secrets, Internet marketing ideas are examples of this category.

Trend forecasts:

Businesses spend fortunes to have a better understanding of specific trends. If you have enough expertise to predict a trend of a specific field, i.e. high technology, stock market, Internet, etc., you may have a comfortable living by selling newsletter and whitepapers. The hard part is: you have to prove that you are really an expert in this field.


Thanks to Internet, more and more people are willing to learn different subjects from the comfort of their work and home. If you have enough knowledge of a particular subject, create an online course and market it through Internet.

Surveys and data:

Business bases on various marketing, demographic, sales and other data. You may collect those data from various sources and by conducting your own online surveys. This also requires enough knowledge of a specific business field and their requirement.

Research and Analysis:

People are often ready to pay for research and analysis information of their fields because, in general, this saves their own time. That is why subscription based stocks and other research websites are thriving on the Internet.

There are number of other reasons why you should consider selling information on the Internet.

Audience size

Millions of people from all over the world are browsing through the Internet in any given time. Your information product can be exposed to a very large number of prospective buyers in no time.

Easy to develop

Information products like reports and e-books are fairly easy to create. All you need is the knowledge of the field, a little determination and enough time to spend on it.

Low cost and low over head

You can create and market a report for less than US $100. You can take advantage of numbers of free marketing tools available on the Internet. You can even keep your overhead low by doing things all by yourself.

You can start part time

This is one business you can start from shoestring and spending only couple of hours a day. You can keep your job until you feel comfortable with the earning you generate through your online endeavor.

Conduct business from anywhere

The best thing about this business is you can do it from anywhere. You are no longer confined to a specific geographical region. While developing your information product keep in mind the following aspects:

- Does this product satisfy a need or does it solve a problem?

- Is their enough value in it?

- Is it a better product than others available on the Internet?

- Is this product easy to market to your chosen market segment?

The last question is very important as the sheer size of Internet makes it virtually impossible to focus on it as a whole. You must segment your market as clearly and as specifically as possible to become a successful Internet marketer.

Once you finished developing your product, initially, try selling your product through a marketplace similar to Clickbank. This will allow you to setup your online business fairly quick. You will not need a merchant account of your own and you can build your affiliate program with an ease.

Nowshade Kabir is the founder, primary developer and present CEO of a Global B2B Exchange with solutions to create e-catalog, Web store, business process management and other features to run a business online. You can read various articles written by Nowshade Kabir at

Forex Day Trading - The Profit Illusion That Sees Traders Lose

Forex day trading simply doesnt work and you will never find a trader with a track record of real time profits, however more novice traders try this method than any other type of trading. This is desite the fact it will never work, because you can't get the odds in your favor.

If you are considering day trading then you should read this article.

First lets look at why forex day trading doesnt work.

The time period is to short!

Volatility in short time frames is random - PERIOD

This means daily support and resistance levels are meaningless and you can never get the odds on your side longer term.

Now lets look at the illusion of profits.

The Marketing Illusion

You have seen them the headlines promising you 100% annual profits or a regular monthly income - all for just a few hundred dollars.

Of course the reality is they profits do not exist and it's simply clever marketing copy.

Look at the facts and you will see no substantiation whatsoever to back up the claims.

You will of course get a hypothetical track record, done in hindsight but the key word to consider here is hindsight! The person presenting the track record knows the closing prices when they do the track record.

If I knew tomorrows closing price today, I would be a multi millionaire but thats not the reality of forex trading.

The people who create the illusion you can make money forex day trading can never present a long term track record of real profits thats real dollars made in the market by them.

Why Create The Illusion?

These people are mostly failed brokers or marketing organizations that actually have the sense not to trade the system themselves.


Becuase they can make a guaranteed return selling the system to naive forex traders.

Patterns that dont repeat

Many traders look at back data and see patterns.

They think they can trade themselves but this is a bit like roulette wheel paterns - there appears to be an order but the same sequence never repeat again its an illusion, that fools many traders and when they try and trade for real they lose their equity.

Still Not Convinced Day Trading Doesnt Work?

Here is a simple test you can do for yourself:

Ask anyone who claims they make money day trading, to produce to you a real time track record of profits, with supporting bank statements and trades.

You wont get one.

Day trading does not make money, apart for the vendors who sell e-books and forex day trading systems and they cheerfully let you take the losses, while they bank a fee for their services thats guaranteed.

Dont fall into the forex day trading can make you money trap! If you do you will lose your equity quickly.


More on becoming a profitable trader some critical FREE Trader PDF's and more FREE Forex Education visit our website at

How To Choose The Correct Forex Trading Software For You

Just like with stock trading, there are a large number of software programs you can use to make your foray into the foreign currency exchange markets. You will find that you have two basic choices, either web based or desktop based programs. Which way you choose to go is entirely up to you. If you travel a lot you may want to opt for the web-based variety instead of having to haul around a laptop and trying to find a good Internet connection for it.

Most of the more reputable Forex brokers offer software programs to their clients at no charge, however the software they provide is usually very rudimentary at best and you may have to pay more to get the features you really need. This is another issue to consider when choosing a broker to handle your exchange business. Many Forex websites have free demo accounts available which will allow you to experiment before you get locked in with one company or spend your money on something you don't like.

Since the Forex market is constantly changing and evolving you will also want a software program that changes with it. Another issue that is absolutely crucial to your success in the Forex markets is a super fast Internet connection. If you do not have DSL, at a minimum you will have a tough time. I recommend broadband. If you have dial up just forget about it. I will tell you again that you need the fastest Internet connection you can afford.

Another really important issue when considering a Forex software program is security. As a rule, web based software programs are much more secure than the ones that you install on your desktop. The problem with desktop software is that it opens you up to a wide range of possible security breaches that could possibly leave your personal financial information vulnerable. Not only do you have the issue of viruses and Trojans, but you are also opening yourself up to loss of data due to hard drive crashes. When you add the possibility of hackers getting into your system, that adds even more skepticism about using desktop based programs.

With web based software programs the majority of the security and maintenance issues will be taken care of by the software provider. Internet based Forex software systems are hosted on secure servers with the most secure encryption technology available. In addition to the security issue is the protection of having all of your information backed up so it won't be lost.

As I mentioned in the beginning of the article, another great benefit of web-based software is that it is available from anywhere in the world that you can get Internet access. This is the way I chose to go since I do a great deal of traveling and I liked the fact that the software is constantly updated so I don't have to always upload a new version to my computer.

Gregg Hall is an author living in Navarre Beach, Florida. Find more about this as well as FX currency trading at

Foreign Exchange, Trade Of Currencies

Foreign exchange is market where exchange of currencies takes place for another currency. Foreign exchange is the exchange activity takes place between currencies and provides liquidity and accessibility to the traders availing the service provided. Foreign exchange is referred as a market or network which provides service to the customers or traders all over the world. Foreign exchange is the market where exchange of currencies takes place for more and different number of foreign county. Foreign exchange is nothing but buying and selling of foreign currencies in exchange of another. In the foreign exchange market, more of number of foreign currencies will be exchanged by the members and other traders with fluctuations of market price.

Foreign exchange is created to provide more useful services to the customer, traders and participants. Some of the participants or traders of foreign exchange market are commercial banks, central banks, investment banks, brokers, registered dealers, global money managers, option traders and speculators. The rate of exchange fixed for the foreign currency varies as per the demand and fluctuation of foreign exchange market. Foreign currencies will be exchanged based on the requirement and demand for other foreign currency. The difference in the rate of foreign currencies will be made on the political, economic factors and with reference to the stability of the market.

Since, the main purpose of foreign exchange market is buying and selling of foreign currencies, more county are coming forward to exchange their currency for another. The entry of any foreign currency is free and any number of counties can enter the foreign exchange market by buying and selling foreign exchange currencies. Nowadays, foreign exchange market becomes the general and common market for more number of buyers and sellers to buy and sell at a profit. Trading in a foreign exchange market helps the buyer and seller to come up with good foreign currencies and profits for the currencies. Sometimes, the foreign exchange market may finds fluctuations for the foreign currencies listed with respect to political and economic condition of the foreign currency in the market.

The main reason for the establishment of foreign exchange market is to have a uniform rate for the currency listed in the market. Foreign exchange is very similar to stock market, but the difference is that, here in the foreign exchange the exchange takes place with respect to the currencies. Though foreign exchange fetches the good demand in the market, the currency prices also finds fluctuation in the market. With more number of customers and traders, foreign exchange serves the purpose for which it is established and offer better opportunity to come up with different and more number of foreign currencies as per their requirement.

Chris David is a SEO Copywriter of Forex Trading.He written many articles in various topics. For more information visit: Online Forex Trading contact him at

EIA Summer Outlook - Good for Natural Gas Stocks?

The surprise Northeaster blowing across the eastern United States may have confirmed the final bottom for hibernating natural gas and coalbed methane (CBM) company shares. The winter storm followed this past Tuesdays Energy Information Administration (EIA) Short-Term Energy & Summer Fuels Outlook.

The EIA forecast higher natural gas prices, this summer, while spot WTI crude oil prices are expected to decline. On an annual basis, the Henry Hub spot price is expected to average about $7.83 per mcf in 2007, an 89-cent increase from the 2006 average, and $8.11 per mcf in 2008. The EIA expects summer 2007 natural gas prices to rise by 17.7 percent over the past summer. For this year, natural gas prices would increase by 12.8 percent over 2006.

The statistical arm of the U.S. Department of Energy cited, Concerns about extreme weather conditions and rising prices in the oil market will keep upward pressure on the Henry Hub spot price during much of the forecast period. The report pointed out that electric power demand for natural gas increases during the summer cooling season.

By the third quarter the EIA expects, The trend will accelerate during the height of the cooling season. The rest of 2007 bodes well for CBM and natural gas investors because spot prices are again forecast to begin a climb toward a winter peak.

The National Oceanic and Atmospheric Administration projection for heating and cooling degree days indicates an increase of 8.4 percent more residential consumption of natural gas during summer 2007. According to the EIA, there will be 11 percent more gas weighted heating degree days this summer.

On March 30th, natural gas storage levels stood at 127 Bcf below the comparable level a year ago. Last years storage surplus clobbered many of the CBM hopefuls in late spring and through the summer. This year, the storage story has begun to reverse. This weekends bad weather could result in another drawdown, and CBM company shares could jump a bit higher as was seen in mid winter.

Coalbed Methane Stocks in Play Again?

In late January, BP set the pace for renewed interest in coalbed methane (CBM) by announcing it planned to invest $2.4 billion over the next 13 years to increase its share of ultimate recovery of coalbed methane gas from the San Juan Basin by an estimated 1.9 trillion cubic feet. BP spokesman Tony Hayward said, This investment will allow us to continue the responsible development of one of the largest gas fields in the US.

It is quite possible the unconventional gas companies could turn around during the EIA-predicted strengthening in natural gas pricing. Therefore, we are revisiting and more closely monitoring developments in previously featured companies with non-conventional gas assets. The more speculative coalbed methane (CBM) exploration and development companies appear to offer more leverage under this pricing climate.

Calgary-based EnCana (ECA) is the industry leader in unconventional natural gas and integrated oil sands development. As of December 31, 2006, the company had net proved reserves of approximately 12.4 trillion cubic feet of natural gas.

Denver-based Delta Petroleum Corporation (DPTR) engages in exploration for, and the acquisition, development, and production of natural gas and crude oil. Core areas of operation include the Gulf Coast and Rocky Mountain regions. What some believe could become a company-maker is the Columbia River Basin in eastern Washington. Delta has recently divested non-core properties to narrow the company focus. Gulf Coast is about conventional oil and gas, while the Rocky Mountain focus is on non-conventional tight gas sands.

The smaller, more speculative Alberta-focused coalbed methane companies include Ember Resources, Mahalo Energy and Rockyview Energy. These have been among the hardest hit since a gas storage surplus was announced in June 2006. The collapse of the Amaranth hedge fund, a few months later in September, washed out much of the intense speculative interest in the sector. The loss of about $6 billion natural gas futures in a single week deflated bullish investors. Also, the absence of a hurricane season in 2006 eliminated any urgency to rush into the nat gas sector.

Bottom fishers have been quietly accumulating waiting for the underlying commodity to regain momentum. We observed companies issuing positive news releases in late March, after initial cold weather had provided them with some share price support.

On March 30th, Ember Resources (TSX: EBR) announced an estimated of 257.4 Bcf of confirmed CBM gas resource. Also in late March, Mahalo Energy (TSX: CBM) sold off its non-core oil and gas assets to focus on its CBM properties. Again, in late March, Rockyview Energy (TSX: RVE) announced it had drilled 28 wells in Albertas Horseshoe Canyon, and is in the process of drilling another well in the Manville Formation. We found these Alberta, Canada CBM plays were one method of gauging the direction of this sector.

Others which follow the direction of the Alberta CBM plays are three companies, focused on CBM development in China. Weve featured these in the past because China is transitioning its energy mix. The country is calling for a doubling of its natural gas consumption to 6 percent, while reducing its dependency upon coal for electricity production. The International Energy Agency indicates that Chinas gas demand by 2010 could reach 100 billion cubic meters per year.

Earlier this year, Far East Energy (FEEC) reported high gas content and permeability from its initial wells in the companys Shouyang Block in Chinas coal-rich Shanxi province. Cautious comparisons have been made to the potential of prolific wells found in Australias Fairview Field and the San Juan Basin in Colorado-New Mexico. One of the keys to CBM development is permeability, which allows the gas to move with greater ease through the coal formation and across longer distances to the well.

Pacific Asia China Energy (PCEEF) has encountered similar results at shallow depths high gas content with permeability. It is expected to commence a three-well pilot-testing program on the companys Baotian-Qingshan CBM concession, known as the Guizhou project. What separates this company from so many of the other speculative CBM plays is the cash cow presently being developed with its joint venture drilling subsidiary. In mid February, the company announced it was awarded a contract with a unit of the worlds third largest coal producer in excess of $7 million. In essence, Pacific Asia China Energy is also heading down the road of also becoming a drilling company. The subsidiary has an exclusive in China for the Mitchell Drilling Dymaxion technology.

Hong Kong-based Green Dragon Gas (AIM: GDG) reported success drilling efforts in late January in each of the companys five CBM blocks in China. Forty-seven wells were drilled in record time through the target coal seams with 26 drill rigs working concurrently at the peak of the drilling. Green Dragon announced it would submit its most advanced CBM block to the pertinent authorities by the end of the recent quarter to become its first ODP (Overall Development Program). Success in this effort would likely boost the others in this space.


Coalbed methane and other unconventional energy ideas play an integral role for the peak oil adherents. Abrupt climate change and global warming episodes are becoming more common. It is no surprise the pass we got in 2006 with the absence of severe hurricane activity was anomalous and unlikely to repeat this summer. The number of force majeures in mining metals has crept higher in 2007 and not just the cyclone-induced mine flooding at Australias ERA uranium mine.

Weve following unusual developments in the Arctic (and elsewhere) which are suggestive of more climate change to come. For example, Inuit elders are now complaining of the increased exposure to sunburn. ( ) The largest increases in UV radiation occur in the spring, and this generation of Arctic dwellers may be exposed to 30 percent more UV radiation than their elders. Heat-trapping greenhouse gases may be warming up the North Pole at an accelerated rate.

With this in mind, the battle is on to reduce the amount of coal-burning in power plants. The immediate logical solution is an increased reliance on natural and unconventional gas. The faster the political momentum swings to reducing coal-fired plant expansion, the sooner this could impact natural gas pricing. Under these circumstances, the unconventional gas companies, CBM and otherwise, should benefit.

COPYRIGHT 2007 by StockInterview, Inc. ALL RIGHTS RESERVED.

James Finch contributes to and other publications. His focus on the uranium mining and nuclear fuel sector resulted in the widely popular Investing in the Great Uranium Bull Market, which is now available on and on