By Steve Burns - New Trader U

If someone was ready to start trading and had a basic understanding of trading and the markets and asked for some of my best advice on how they could make money as a trader, this is what I would tell them.

1. Understand that trading is like any other professional endeavor, you will be monetarily rewarded based on the effort and work you put into it to learn how to trade. Trading is one of the few places where amateurs can go compete with professionals for a very low price of entry. Your trading tuition will have to be paid through the experience of losses and time doing your homework.

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By Shonn Campbell - Trading Life Own It

Holy Crap have I been writing this blog for a long time? It feels like it! I can’t think of anything I have enjoyed more than creating this body of notes and musings. It has been rewarding, challenging, and fun. But I have noticed something as I look back, and as I look forward. That stuff I wrote about, it has the wrong focus…. I want to jot down some notes here to try and give a feel and idea for where I want the blog to head in the coming months. It may feel different and it may not be what some of you are looking for. That’s ok. As I mention later on, I have another site that will stay very specifically focused on the actual charts and trading. But here, I want to point this ship in a new direction. Let me try and explain…

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WisdomTree Announces Third Quarter 2014 Results

$0.08 diluted net income EPS
Pre-tax income increases 35% and revenues increase 19% from year ago quarter
Declares $0.08 quarterly dividend and $100 million share buyback program
Lowers baseline U.S. tax rate to approximately 38%

NEW YORK, Oct. 31, 2014 -- WisdomTree Investments, Inc. (WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager, today reported net income of $10.6 million or $0.08 per diluted EPS in the third quarter. Pre-tax income was $20.3 million in the third quarter, an increase of 35.4% from the third quarter of 2013 and 0.6% from the second quarter of 2014. Pre-tax income is comparable to previous periods since prior to 2014, the Company did not record tax expense because of its net operating losses.

The Bank of Japan shocked global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April.

BOJ Governor Haruhiko Kuroda portrayed the board's tightly-split decision to buy more assets as a preemptive strike to keep policy on track, rather than an admission that his plan to reflate the long moribund-economy had derailed.

But some economists wondered if pushing even more money into the financial system would be effective as long as consumer confidence continues to worsen and demand remains weak.

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