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  1. D. Wilson says:

    Ed Downs has found the “Holy Grail” to profitable trading! If you are not using chart patterns to make your trading decisions then you are put at a disadvantage to the traders that are using chart patterns. Chart patterns “show” the psychology of the market!Ed Downs has recently just released a software module that has automated the process of finding the 7 patterns in his book . . . this again has given me an advantage by allowing me to do a quick scan over the world of stocks and future contracts looking for the best opportunities with the least amount of risk. You can see this new 7 pattern software module at Ed’s website at http://www. omnitrader. com/omnitrader/Addons/cprm. htm ****************************************************************Here’s a few lines from Ed’s website-NEW Chart Pattern Recognition Module . . . Finds and Displays the 7 Chart Patterns that Consistently Make Money. After many man-months of development, I am thrilled to release our new Chart Pattern Recognition Module. Powered by this amazing add-on, OmniTrader 2005 quickly identifies the best patterns to trade and ranks their performance on a simple scale from 1 to 5. Now all OmniTrader users can see ALL 7 CHART PATTERNS displayed in their charts and apply the Power of Patterns to their trading!See the 7 Chart Patterns Come Alive in OmniTraderThe significance of this new Chart Pattern Recognition Module is enormous. No other trading software does a robust and complete job of pattern recognition. Not only have our researchers solved the pattern recognition problem, the new module is tremendously affordable when purchased with the upgrade. Supercharge your trading with OmniTrader and the power of Chart Pattern Recognition!New Focus ListPerhaps the most powerful single feature of the Chart Pattern Recognition Module is the enhancement to the Focus List. At a glance, you can tell if a given OmniTrader signal is confirmed with a Chart Pattern-You get the best of both worlds-the ability to confirm signals with patterns AND the ability to find the most powerful patterns on their own. When the ToDo List runs through your list of symbols and finds all chart patterns in the data, it also calculates relative performance of the patterns and converts this information into a strength rating from 1 (low) to 5 (high). The Pattern TutorThe educational benefit offered by the Pattern Tutor is enormous – you will quickly understand why (for example) consolidations and saucers are so powerful and predictive in certain market conditions. This will in turn help you confirm your trades more quickly and lead to higher profitability in your trading. A FABULOUS learning tool. The Pattern Tutor lets you quickly review examples of any pattern in your data. Just click the arrows to see the next example of the pattern that was selected. ****************************************************************Thanks Ed for creating such a great product. Rating: 5 / 5

  2. F. Shanbour says:

    7 Chart Patterns is an advertisement for their black-box trade idea generator. The software they are selling is about $1,500 plus data feed. If you are going to trade based on chart patterns, the software would save you time. I tried to trade from technicals in the charts for about 3 years with no success so I did not think that method was for me. This book did not change my mind on that. However, it does give a good, although brief, overview of the patterns that it does cover, so if you’ve never looked at technical charting before, it is a good intro to it. If you are familiar with support and resistance, cup and handle, and the like, don’t waste your time. Rating: 2 / 5

  3. Anonymous says:

    . . . I wasn’t happy with the software design or signals, but when the data download software stopped working only months after I bought the product making it useless, they told me they didn’t know how to fix it? and I would have to “upgrade” for more money, eventually they kept all the product cost without resolving the problems and ignored all my correspondence. I am a Tradestation Easy Language expert, I have been trading and investing now for over ten years including consulting with online sites, and I know for myself how important it is from the very start to cut losses, but just as importantly to cut costs, because reality check, I never found any “system” in my own exhaustive testing that works consistently well. So if I could do it all over, as Trader Vic Sperandeo points out, capital preservation is bottomline crucial for success, I would buy absolutely nothing except a few good inexpensive books with all of the core technicals and fundamentals thoroughly covered. A somewhat useful free book is Charlie Wright’s “Trading as a Business” from Omega Research, customer support has always been acceptable to me, and my brother likes his Supercharts software, a relatively inexpensive way to test ideas and find out there is no “system. ” This “Seven Chart Patterns. . ” book was mailed to us free of charge by the way and I think it is worth reading for free, probably by contacting Nirvana Systems, but I will personally never do business with them again. “Piranha” Systems demonstrated to me through their business character and my bad experience just how much they support, value, and respect me the customer. Rating: 1 / 5

  4. Mark Johnson says:

    This book doesn’t ramble, and instead cuts right to the chase. It features basic, straightforward rules for watching chart patterns. No frills, no bs, just the basics. I gave it 5 stars because this is what investment books should be like. I’ve seen other financial books with tens times the number of pages, but only one-tenth the info. If you track charts, this book is a must. Rating: 5 / 5

  5. This 88 pages brochure, that includes 18 pages of advertises, does not worth anything. The author is definitely out of touch with the reality of trading. All the information in this book (and much more) one can find on internet free and in much detail from real traders. Do not waste your money on it! The book has a very impressive Contents sheet but that is all. If you want to return it, it will cost you more than the book it self. Rating: 1 / 5

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  8. Joe D says:

    If you search Amazon and eBay, there are a lot of quality books on that very subject. http://search. ebay. com/search/search. dll?from=R40&amp;amp;satitle=0789730588http://search. ebay. com/search/search. dll?from=R40&amp;amp;satitle=006076287Xhttp://search. ebay. com/search/search. dll?from=R40&amp;amp;satitle=0764569244

  9. Dr. Deth says:

    a B. S. in Bus Admin is a useless degreeFinance is more banking/credit/loans/mortgages relatedaccounting is number crunching, financial statement prep, auditingaccounting is generally boring repetitive, often stressfulhaven’t worked in Finance fieldFP/FA – mostly commission or salary with sales quotas – cold calling

  10. Bobby D says:

    Go to the eBay discussion boards. There you’ll find categories to find every single answer you could possibly need to start your business. They provide sound examples – tried and true. Good luck!

  11. iswd1 says:

    I started one myself, sorry I can’t specify the wholesale company I used, because I still use them for other things, but I can tell you this:It sucks. Ebay stores are not the way to go, especially in wholesale markets. Reasons are:1) Your items do not appear in normal searches2) The “wholesale” dealers you are using are also selling their items on ebay, at the same cost they offer them to you at, which means no one would buy from you because you’d have to charge more than what you pay to make any profit. 3) Your items do not appear in normal searches. Yes, I said that already, and it bears repeating. If no one knows you’re there, how are they going to buy from you?I have not seen any returns on my investment off of ebay, but I use other means to make money online.

  12. rvd says:

    Accounting is more specific and an accountant will process journals, create accruals, balance sheets and profit and loss accounts. I did this for two years and found it very boring. It is very repititive and I felt like I had the same day every day for two years. Finance is more general and will cover accounting as well as auditing, financial planning and financial advisor etc. There are many difference jobs under Finance.

  13. Theresa M says:

    I work as a bookeeper at a finance company. I love my job! many different things to do all day that makes the day go by real fast. I do accounts receivable and accounts payable I work with investors who invest money into our company, I do the employee’s payroll. These are just a few things I do. If you like to work with numbers accounting is a great job and pays well too.

  14. Trigol says:

    The easiest way to distinguish the difference between finance and accounting is to think of accounting as backward looking (recording individual and company actual transactions) and finance as forward looking (pro forma planning debt and investment strategies). A career in financial planning for individuals and small business is a very tough way to make a living. It is commission sales and more of a hustle than intellectual pursuit. A few really good hustlers make decent money, but most fail and go back to salary within one year. I spent 17 years in Corporate Finance with a Fortune 100 tech firm. It was a very rewarding career that encompassed a wide range of activities from treasury investment strategies and corporate capital structure to mergers and acquisitions. A career in Corporate Finance usually requires an MBA, usually from a top 20 school. However, the rewards and opportunities clearly justify the effort.

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