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From Mickey Mouse to the Federal Reserve

Posted on October 16, 2008 at 17:57 in Fundamental Analysis, News: Scheduled and Breaking by Jerry Furst

I’m Back - On the Road Again…. An Evening with the Fed

Well folks, I just returned from Orlando Florida – home of Mickey Mouse, and I am now off to a cocktail reception and dinner at the Miami branch of the Federal Reserve tonight. That’s right, your humble narrator on the markets has been invited to: “An Evening with the Fed: Financial Crisis - What Happened - The Fed’s Response” - When I talked with the coordinator and joked about whether Bernanke would be there I was met with silence….                         

Multi-Tasking

I will tell you all about my adventure to the Fed over the next day or two - Be sure to tune in to my webinar on Monday at 12 noon eastern time as I am sure to have some observations for you. Click on the link below to register for the webinar.  I am busy trading all markets and maintaining other issues personal and otherwise - So I’m having fun learning how to live on a few hours of sleep and multi-task even more than usual…

 

Orlando: Psychology and Mind Management Conference

 

In Orlando, I did not dance with Mini-Mouse or take in the rides, I was at an amazing conference conducted by one of my Mentors, Mr. T. Harv Eker, The conference had nothing to do with trading or investing – it was all about Psychology and Mind Management – any professional trader will likely tell you that mastering your mind is the most critical factor to success - after you learn the mechanics of trading. Being a mentor, presenter and an educator - I love continuing education, networking,  and learning from others - I then pass my learned experiences on to those I teach.

Hot Topic - The Economy - No Surprises

While officially the conference had nothing to do with trading – but the economy, investing, and trading was a common topic in between speakers and sessions. For the people who knew me and my background it was really interesting to interact with non-traders discussing things like the Vix and why Richard Nixon took the US Dollar off the gold standard, etc…

 

My Economy is Fine

It was interesting as the primary speaker and celebrity – The host is quite well known – T. Harv Eker – He is successful and he came out stating that we need to be thankful for all the good things we have. He stated that “His Economy is Fine”.

 

The Need for Financial Education

Mr. Eker (and many of us) see this time as a great opportunity (remember everything is perception and perspective) He stated that he is buying. Someone in the crowd asked,  “What are you buying?”  Mr. Eker paused, squinted and quietly stated that he was buying indexes. It bothered me that some people I talked to did not know what an index was – the need for education is enormous.

 

Register for Weekly and Special Webinars hosted on FX StreetYou can register for my webinars by visiting the www.Investors-Education-Network.com web site
Jerry Furst  is an active trader, educator, and Founder of Investors Education Network (IEN), He is a Mentor and Trading Coach to Select Clients  Click Here for a Free Self Evaluation Survey.

 

 

Tags: Bernanke, economy, federal reserve, FX, gold, Harv Eker, investing, master your mind, multi-tasking, Nixon, psychology, trading

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