any individuals decide at some point that
they would like to direct their own investments. Their own
portfolio. But they do not know how to begin. So they begin
to try to educate themselves. It is unfortunate that many
times, such investigations result
in 'get rich quick' schemes', guaranteeing high accuracy rates and
millions of dollars in a matter of months. All you have to do is purchase a
particular 'system'. The wary are usually put off by such over-hyped promises.
Upon further investigation, perhaps they find
someone who seems to know market terminology and speaks of reliable chart
patterns. They begin to compare these chart patterns to past time periods
in the capital markets, and indeed ... they seem to 'predict' the
future. However over time, they find that chart patterns only tell you
what happened on the left side of the chart; they
do not 'predict' the right side of the chart. Perhaps others begin to
listen to someone who has been trading for a few years, but has an extreme
economic bias. Or worse yet, an extreme political bias. These biases
color their investment decisions to the extent that the 'guru' cannot adapt to
market conditions in a flexible manner. To adjust their stance would
not fit in with their one stance political view.
And again,
unfortunately, this means that such ones are left to muddle through on their
own. Many give up. Many continue to trade and invest, only to 'blow up'
their account, meaning they lose their entire account balance to the markets.
They save, and then fund their account again, only to lose it over and over in a
vicious cycle.
No nonsense trading
is dedicated to providing information regarding investing and trading; sans
the hype. Without bias or promises of absolute prediction.
Instead, "No Nonsense Trading" is written by an actual
trader in the capital markets with 16 years of experience, Daniel A. Shy.
The author of "Airelon's
Investing and Trading Blog" for nearly 5 years, Daniel
"Aileron" Shy established a proven, profitable record. In addition
"Aileron" provided much of this market education for free. Without cost,
and without charge. Sharing freely what he had learned over the past 17
years. The eventual goal is to transfer much of the free information that
was found on "Aileron's Investing and Trading Blog" to this website, in an easy
to navigate (and still free) format.
The goal of "No
Nonsense Trading" is to provide information on the reality of trading the
capital markets. It's premium newsletter "Aileron Market
Balance" will approach the markets with reason and rationality.
And as the "aileron" of an airplane provides stability and
balance, this newsletter too aims to reflect a balanced approach to the capital
markets. At the same time, the newsletter provides an 'over the shoulder'
look as to Dan "Aileron" Shy's thoughts regarding the economy, as well as
specific dividend investing and trading ideas for the upcoming week
Without the nonsense
....
Note: I, the author do not grant
this work for wide distribution beyond any single individual subscriber as this
publication is protected by U.S. And International Copyright laws. All rights
reserved. No license is granted to the user except for the user's personal use.
No part of this publication or its contents may be copied, downloaded, stored in
a retrieval system, further transmitted or otherwise reproduced, stored,
disseminated, transferred, or used, in any form or by any means except as
permitted under the original subscription agreement or with prior written
permission. The above statements should not be construed as an investment or
trading recommendation. Aileron Market Balance is a newsletter that allows
subscribers to look 'over my shoulder' as it were, for my own personal specific trading and investing ideas
and thoughts for the next week. But they are only thoughts as of the moment of publication, and are subject to
change. There is no guarantee that I will enter, or have entered any of the
trading or investing ideas that I discuss in this newsletter; as larger accounts
may require a different strategy as the ones presented here. Any trades or
investments that I discuss within this newsletter are simply my own thoughts
regarding my own investing and trading outlook. I discuss which trades I take
and do not take on the No Nonsense Trading Forums, as well as the Ventrilo Voice
Server. Remember that entering any market is an individual decision. This
newsletter simply contains my trading and investing thoughts for the next week.
I personally only enter any market after watching and reading the tape and I
trade using money
management
principles1. The losses in trading can be very real,
and depending on the investment vehicle and market, can exceed your initial investment. I am not a licensed
trading or investment adviser, or financial planner. But I do have 16 years of
experience in trading and investing in these markets. The Model Portfolio
accounts are hypothetical accounts,with all of the inherent problems therein,
which are used within this newsletter in an attempt to track the results of this
newsletter, and is run for the education of other traders who should make their
own decisions based off their own research, due diligence, and tolerance for
risk. Any pictures used within this newsletter are believed to be public domain.
Any charts that are displayed using the ThinkorSwim platform, and other pictures
were obtained through Wikipedia's public domain
policy.