Keries Wealth Gadgets Blog

Sunday, July 1st, 2007

Why Wealth Gadgets?

Most stockmarket products marketed to the trader as a way of making lots of money on the stockmarket are derivatives of stock or shares listed on the various markets around the world. Most of them in my opinion are merely gadgets which make the provider of these products even more money than the trader. Otherwise why would they provide them? In fact in most cases it is a case where the gadget provider is paid no matter if the trader wins or loses.

Therefore as a trader the odds are against you from the start so therefore you need to compensate for this and try to stack the odds in your favour with the use of both technical and fundamental analysis. My rule is “If in Doubt- Stay Out!”

So Wealth Gadgets is basically about exposing the truth behind these products from my trading experience.

 Keries

This entry was posted on Sunday, July 1st, 2007 at 10:29 am and is filed under Jamie Mcintyre, contracts for difference, stockmarket, stockmarket genie, stockmarket options, stockmarket trader, trade profitably. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Why Wealth Gadgets?”

Bill Nixon Says:
September 17th, 2007 at 11:33 am

Interesting. I had never heard about a wealth gadget before. I ran upon your blog through the BlogRush widget that is on my blog.

blog Says:
September 17th, 2007 at 12:13 pm

Hi Bill

Wealth Gadgets is a term I came up with a few months ago after seeing lots of clever ways for people to make money in the financial markets. Most unfortunately either make money for the promoter up front without any follow up support or use the “investor” to take the majority of the risks. The idea behind this site is to get people to think about what they are really getting themselves into and look beyond the sales pitch before they get involved. Even though some of these products actually work in themselves they may not be suited to the experience of the trader, that is , the more advanced strategies. I have started writing articles and have published 3 at http://www.wealthgadgets.com/articles I aim to replace the rest on this site when time permits and subsequently submit them to article sites as well.

Those Blogrush widgets are a great idea too.

Keries

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