{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Traders turn to faith to guide investments' data-url='/boclips/videos/5c54c1d0d8eafeecae15502b' data-video-url='/boclips/videos/5c54c1d0d8eafeecae15502b' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nTraders turn to faith to guide investments\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eNew York - January 2008 1. Pedestrians in New York 2. Various stock market ticker board in Times Square3. Various Dan Stratton preaching, people praying4. UPSOUND: (English) Dan Stratton, Preachers \"We thank you for revival right on the...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eNew York - January 2008 \u003cbr/\u003e1. Pedestrians in New York \u003cbr/\u003e2. Various stock market ticker board in Times Square\u003cbr/\u003e3. Various Dan Stratton preaching, people praying\u003cbr/\u003e4. UPSOUND: (English) Dan Stratton, Preachers \u003cbr/\u003e\"We thank you for revival right on the stock exchange. We thank you for the revival on the commodities exchange. We thank you for the revival on the NASDAQ�Money is for something. It's for helping people... for helping people not to be hoarded up for other people's wealth, it's to be helping people..\"\u003cbr/\u003e5. Various people praying, crying, worshipping\u003cbr/\u003e6. SOUNDBITE: (English), Dan Stratton Faith Exchange Preacher/Commodities Trader:\u003cbr/\u003e\"Fear is the number one thief for your money, because fear is generally something that comes on you that causes you to make bad decision after bad decision after bad decision. See once you make a decision that's s a mistake you're afraid. You're afraid to lose money or you're afraid to even initiate a decision to buy a stock, because you're afraid to buy it. So once you've conquered fear you can start objectively, is this of value, or isn't it of value? Instead of thinking about losing or making money, or thinking about eating or not eating, paying your rent or not paying your rent, your wife leaving you or not leaving you, you're thinking about value. Is this valuable or not. That's why fear is your number one enemy. \"\u003cbr/\u003e7. Zoom in Faith Exchange advertisement in Time Square near Big Board \u003cbr/\u003e8. Various set ups Nancy and Ron Cohen \u003cbr/\u003e9. SOUNDBITE: (English) Ron Cohen, Faith Exchange:\u003cbr/\u003e \"The interesting thing about what people call the recession is recession doesn't happen until the word recession comes out. The market could be doing very well at any time then \"quote unquote\" rumours of a recession appear and people begin to hold back, subsequently you have a recession. So there really isn't one until people begin to believe in their minds that there is going to be one for whatever reason, so, a lot of the forces are dictated by how people feel and what the rumours are, but as individual investors we don't have control over the big picture.\"\u003cbr/\u003eAP File \u003cbr/\u003e10. Wide pan New York Stock Exchange\u003cbr/\u003e11. Various people working on Merrill Lynch trading floor\u003cbr/\u003e12. Various Hong Kong stock market\u003cbr/\u003e13. Tom Fyler praying\u003cbr/\u003e14. SOUNDBITE: (English) Tom Fyler, Broker, Faith Exchange:\u003cbr/\u003e\"I think what's maybe a little different is what I call 'Biblical Principles to Investing'. And what that involves is, of course, using all the various methods and knowledge out there in the investment world, but keying on the Bible for certain principles that can be applied to your portfolio.\"\u003cbr/\u003e15. Various Fyler greets client - Dorothy.\u003cbr/\u003e16. UPSOUND: (English) Tom Fyler, Broker, Faith Exchange:\u003cbr/\u003e\"...and basically if you've wanted to get a good turn in the market, the blue chips have done very well.\"\u003cbr/\u003e17. SOUNDBITE: (English) Dorothy, Small Investor:\u003cbr/\u003e\"There are going to be a lot of fluctuations in the market and unless you have a particular faith that you are going by these biblical principle and God's prescription for your future, and my belief is that God is right, so that it gives you the security to withstand any market fluctuations without panicking, without wanting to change things around and, so I think it would make a difference.\"\u003cbr/\u003e18. Various people on the streets of New York\u003cbr/\u003e19. Big ticker board with stock market information in Times Square \u003cbr/\u003eEuropean and Asian stock markets plunged on Monday (January 21, 2008)  following declines on Wall Street last week amid investor pessimism over the United States government's stimulus plan to prevent a recession.\u003cbr/\u003eBut one US trader has put his financial faith in God. \u003cbr/\u003eDan Stratton has established The Faith Exchange Church in the Wall Street financial district in New York. \u003cbr/\u003eA trained preacher and an experienced commodities trader, Stratton uses faith to advise those dealing on the equity securities trading market NASDAQ (National Association of Securities Dealers Automated Quotations).\u003cbr/\u003eIn the current financial climate in the United States, many are worried about an oncoming recession and the future of their investments.\u003cbr/\u003eMillions of small and medium income earners around the world attempt to add to their annual income by investing in the Stock Market. \u003cbr/\u003eDan Stratton a trained preacher and an experienced commodities trader, established The Faith Exchange Church to help traders to make good decisions on the NASDAQ.\u003cbr/\u003eThe prayer groups in his Word-Faith church are moving, emotional, and geared to help the investor choose correctly. \u003cbr/\u003eStratton believes that fear is what makes investors lose and that belief and prayer can combat this fear. \u003cbr/\u003eThe Faith Exchange invests millions of dollars on behalf of its members. There are scores of religion-related, mutual funds with billions of dollars under their control in the US. \u003cbr/\u003eRon and Nancy Cohen are New York professionals and Faith Exchange members. \u003cbr/\u003eLike millions of other middle class income earners, the Cohens are trying to cope with the current roller coaster climate of the international stock markets. \u003cbr/\u003eThey claim the Faith Exchange provides a feeling of much needed optimism. \u003cbr/\u003eIndependent Advisor and member of The Faith Exchange, Tom Fyler uses biblical teachings when counselling investors. \u003cbr/\u003eFyler works by what he calls the 'Biblical Principles to Investing'  which combines the rules of investment with Biblical principals.  \u003cbr/\u003eQuoting from passages in the Bible, Fyler uses  proverbs such as 'He who is hasty, tends towards poverty' when giving financial advice.  \u003cbr/\u003eDorothy is one of the many small investors who finds a sense of security in Fyler's approach. 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