Here are some of the articles I’ve been reading throughout the blogosphere. Have a great last day of September!
- Taking a loss can be devastating to some traders. LuckyForex has a nice article on the psychology of finally accepting a trade that puts you in the red.
- Everyone knows the housing market is bad and credit markets aren’t doing much better. Then why would the National Association of Realtors tell everyone everything is fine and getting better? The Big Picture has a nice rant on the NAR’s assessment of the housing market.
- Speaking of the housing market and the NAR, Jim Cramer went up against the 2008 President-elect for the NAR on the Today show. The NAR, among other realty groups, were upset at Cramer’s comments regarding the housing market possibly recovering next year and that no one right now should buy a home, less they care to lose money. The videos can be found on MSNBC under their video tag.
- Stock Trading to Go has a great interview with Timothy Sykes, the author of American Hedge Fund. From STG’s site: “Timothy turned $12,000 of Bar Mitzvah gift money into $2 million trading thousands of stocks from 1999-2002, managed the #1 Short Bias Hedge Fund from 2003-2006, starred in the television documentary Wall Street Warriors, and appeared regularly on
CNBC all before the age of 26.” - The Carnival of Twenty Something Finances was hosted by How I Save Money. Great list of informational articles to read up on from your fellow bloggers.
- Some money quotes posted by My Saving Place.