Archives of “January 3, 2019” day

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The Big Lie: Nazi Propaganda

  
Education, Life
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By the time Nazism arose in Germany in the 1930s, anti-Semitism was nothing new — not by a long shot. The J­ewish people had suffered a long history of prejudice and persecution. And although Nazis perpetuated centuries-old lies, this time those lies would have their most devastating effects. Like never before, anti-Semitism was manifested in a sweeping national policy known as “the Final Solution,” which sought to eliminate Jews from the face of the Earth.

To accomplish this, Adolf Hitler and his minister of propaganda, Joseph Goebbels, launched a massive campaign to convince the German people that the Jews were their enemies. Having taken over the press, they spread lies blaming Jews for all of Germany’s problems, including the loss of World War I. One outrageous lie dating back to the Middle Ages claimed that Jews engaged in the ritual killings of Christian children and used their blood in the unleavened bread eaten at Passover [source: Landau]. (more…)

World’s super rich reverse wealth decline

  
Analysis, Education

The world’s super-rich have become wealthier over the past 12 months, reversing a decline in 2016 when billionaires saw their fortunes hit by fluctuating stock markets and global uncertainty.

The numbers of the world’s ultra-high-net-worth – those with wealth of more than $30m – reached 226,450, an increase of 3.5 per cent, according to Wealth-X, the data provider that tracks the world’s richest. The global super-rich have a combined net wealth of $27 trillion – a figure which is expected to rise to $35.7 trillion by 2021.

New York retained its title as the world’s capital for the super-rich, with almost 8,500 individuals living in the metropolitan area – a 9 per cent increase on the previous year. London remains the centre for wealth in Europe, but behind Hong Kong and Tokyo on a global comparison.

Wealth, however, is not rising across the world, as local stock markets and currency fluctuations dent domestic fortunes. The super-rich in Latin America and the Caribbean, for example, saw average net wealth slip by 10.2 per cent to $945bn

10 Unsuccessful Trading Behaviors

  
  Education
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  1. Refusing to define a loss.
  2. Not liquidating a losing trade, even after you have acknowledged the trade’s potential is greatly diminished.
  3. Getting locked into a specific opinion or belief about market direction.  I.E. “I’m right, the market is wrong.”
  4. Focusing on price and the money
  5. Revenge-trading to get back at the market from what it took from you.
  6. Not reversing your position even when you clearly sense a change in market direction
  7. Not following the rules of the trading system.
  8. Planning for a move or feeling one building, then not trading it.
  9. Not acting on your instincts or intuition
  10. Establishing a consistent patter of trading success over a period of time, and then giving your winning back to the market in one or two trades.
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