Brother Mike
Member
- Joined
- Sep 16, 2008
- Messages
- 1,335
There is a saying in the financial world. Past performance, is not indicative of Future Results.
I guess this is why I am not so quick to over analyze a Markets past performance, to make future decisions in trading. That however does not stop the thousands following the heard mentality and jumping in together, only to find they all just lost a bunch of money.
Blackberry, Best Buy looked real strong in the past. One the outside it would look like a good time to invest. Blackberry was opening itself to compete with Android and I-Pad, Best buy brought in new inventory items and changed their stores around. That was the start of a couple years ago. Today Blackberry is scaling down having failed to compete with the flashy Android or I-pad, and Best buy lost more in their new inventory, and renovation efforts than what Wall Street predicted and will be closing 50 stores to just stay profitable.
I purchased a system to automatically trade the Forex markets. It's called a EA, or bot trading. It makes it so you don't have to watch Charts all day. I think I spent in total about 3K for all this great software.
The Bot trading compiles all past data from the markets, and sets itself to trade most effectively today's streaming prices, based on past data. I will say I am up most days 50-300 dollars, but it's not consistent, It also looses money. Waste of Money? No, It's fun to play with, and test strategies, with different indicators.
Past performance mean future results? We will see.
The World may believe this, and looking at stocks, Futures, Forex markets on Wall Street seem to indicate this to be a true statement.
The past couple months.
Not sure how this happened, but our power Bill did not get paid. Seems there was no money to pay it, and at 950.00 with a disconnect notice to be served yesterday.
My wife and I tithe faithfully. God is always first thought. However we also sowed (In thousands) to someone, then spent a lot of money to fix someone's car so they could work. Then all the food sown into family.
That emptied our account, but God must be first.
Now I want to be in a place where I can sow and bless others, and have more than enough to pay all the bills. I am not there yet, but we sure are more enabled than we were in the past.
My wife and I looked at that disconnect notice, held hands and called it paid in full. God has never failed in the past, not one time.
I am not even sure how God pulled it off, but on the morning of the disconnect money came in to put enough on the power bill to keep our lights on. Not only that, a few other cool things happened. Glory To God!!! The day before we certainly did not know how it was even going to Work.
Encourage yourself in the Lord today. What he has done to pull you through in the past, he will not fail to do again. He never sleeps, you are always the apple of his eye. Things may seem impossible, but it's because we are leaning with our own understanding. Look to him, the victory is right around the corner.
It may seem like things pile up, but affliction comes for the Words sake, the devil can't defeat you if you won't faint. Stay encouraged in the Lord,
because with God...............
Past performance is your stead fast insurance that He will see you through again and again. Even if you did dumb things, like not pay attention to a power bill.
Jesus Is Lord.
I guess this is why I am not so quick to over analyze a Markets past performance, to make future decisions in trading. That however does not stop the thousands following the heard mentality and jumping in together, only to find they all just lost a bunch of money.
Blackberry, Best Buy looked real strong in the past. One the outside it would look like a good time to invest. Blackberry was opening itself to compete with Android and I-Pad, Best buy brought in new inventory items and changed their stores around. That was the start of a couple years ago. Today Blackberry is scaling down having failed to compete with the flashy Android or I-pad, and Best buy lost more in their new inventory, and renovation efforts than what Wall Street predicted and will be closing 50 stores to just stay profitable.
I purchased a system to automatically trade the Forex markets. It's called a EA, or bot trading. It makes it so you don't have to watch Charts all day. I think I spent in total about 3K for all this great software.
The Bot trading compiles all past data from the markets, and sets itself to trade most effectively today's streaming prices, based on past data. I will say I am up most days 50-300 dollars, but it's not consistent, It also looses money. Waste of Money? No, It's fun to play with, and test strategies, with different indicators.
Past performance mean future results? We will see.
The World may believe this, and looking at stocks, Futures, Forex markets on Wall Street seem to indicate this to be a true statement.
The past couple months.
Not sure how this happened, but our power Bill did not get paid. Seems there was no money to pay it, and at 950.00 with a disconnect notice to be served yesterday.
My wife and I tithe faithfully. God is always first thought. However we also sowed (In thousands) to someone, then spent a lot of money to fix someone's car so they could work. Then all the food sown into family.
That emptied our account, but God must be first.
Now I want to be in a place where I can sow and bless others, and have more than enough to pay all the bills. I am not there yet, but we sure are more enabled than we were in the past.
My wife and I looked at that disconnect notice, held hands and called it paid in full. God has never failed in the past, not one time.
I am not even sure how God pulled it off, but on the morning of the disconnect money came in to put enough on the power bill to keep our lights on. Not only that, a few other cool things happened. Glory To God!!! The day before we certainly did not know how it was even going to Work.
Encourage yourself in the Lord today. What he has done to pull you through in the past, he will not fail to do again. He never sleeps, you are always the apple of his eye. Things may seem impossible, but it's because we are leaning with our own understanding. Look to him, the victory is right around the corner.
It may seem like things pile up, but affliction comes for the Words sake, the devil can't defeat you if you won't faint. Stay encouraged in the Lord,
because with God...............
Past performance is your stead fast insurance that He will see you through again and again. Even if you did dumb things, like not pay attention to a power bill.
Jesus Is Lord.
