Microsoft’s online business(OLB) reported a $1.2bn annual loss thanks to substantial spending on R&D and increased marketing activities to promote Windows Live and Live Search among consumers to whom the internet means Google.Ballmer talked tough, telling analysts to brace for more losses from OLB as it “antes up” in R&D and marketing …
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Wachovia posted an $8.86 billion second-quarter loss, slashed its dividend and announced 6,350 job cuts after losses tied to mortgages soared. Wachovia has been among the major lenders hardest hit by the nation’s housing crisis, following a disastrous $24.2 billion purchase in October 2006 of Golden West Financial, a California mortgage specialist.
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What are the differences between trading and gambling?
Many people think that trading is similar to gambling. Is this really the case?
For example, let’s take a look at Black Jack. If you start with $10,000 gambling capital, placing bets of $100 per hand and play 100 hands per day, how long will you last? In the [...]

This article is one of a series which looks at the advantages and weaknesses of trading using the hedged, grid trading system to trade volatile markets.
We will look at how money can be made by breaking a number of trading truths or principles; * cut your losses and let your profit run and * there [...]

When I started my trading career I attended a 3 day forex trading course which gave me a mere introduction to this great and fascinating money making activity. I was given some good advice during this course but I have since found that there are more many more ways to skin a cat than sticking [...]