No One and Done Emini Trade On Mondays!
Wow this is the 4th or 5th Monday that I did NOT get a One and Done. Maybe I should just stop trading on Monday’s, right? WRONG! Remember gang, trading is not about one and dones! Sure we LOVE THEM. How do you complain about one emini trade a day that brings in daily profit? You can’t. However, as much as we love them, we know that is totally unrealistic to win every trade. If we can’t win every trade – we can’t have a one and done everyday.
It’s pure coincidence that we’ve started out with losers on all these Mondays! It makes NO difference as we are trained recovery experts! That’s what trading IS all about: Knowing you will take losers (and I am not being negative, just keeping it real) but knowing how to recover from the losers and still make a profit!
I had 2 losing trades today and still finished the day within 30 minutes of the opening bell! That’s how we day trade for daily income! Enjoy the video a
Bankruptcy and a Time to be Thankful
Thanksgiving is the season to be thankful, but when you are experiencing bankruptcy, it can be very hard to find the things in which to be thankful.
Let me begin by wishing all of you who read my blogs a Happy Thanksgiving and a reason you too might be thankful.
For those of you who are currently facing financial difficulties there is always hope the economy will turn around and things will get better. After all, this is America we live in, the land of opportunity. If you are unemployed, that job you have been looking for just might be right around the corner. If you already have a job, with unemployment figures hovering around 9.0 to 9.2 percent, then you already have something to be thankful.
If you one of those who are facing financial bankruptcy, the good news is that America has always been about starting over. Filing for bankruptcy protection is a legal proceeding that will provide you with the opportunity for a fresh financial start regardless of your status in life.
Con Artists Offer Phony Medical Debt Relief Scams
Medical debt has increasingly become a major burden for American families, particularly those who are forced to care for chronic conditions or who suffer major medical emergencies.
As medical debt rises, many consumers have turned to safer methods of debt reduction by contacting credit relief agencies or researching how to begin filing Chapter 7 bankruptcy.
Other people, though, have fallen prey to scam artists who offer illegal methods of medical debt relief. By learning more about the common traits of these scam artists, you may better equip yourself to avoid falling into their grasp.
According to a recent report in the Washington Post, the Federal Trade Commission has ramped up its efforts to track scam artists that offer “last-dollar frauds,” or scams that prey on people who are in deep financial distress.
Recent economic events have only emboldened these criminals, as they find more and more potential victims who are financially desperate.
As reported by the Washington Post, here are several scams to look out for:
- Credit card interest rate reductions. Som
More Credit Cards for Consumers even as Delinquency Rates Rise
Although delinquency rates remain near historic lows, the latest data shows, they are slowly starting to rise. At the same time banks are starting to untie the purse strings and have been issuing more credit cards in the last three months.
TransUnion, the third largest credit bureau in the U.S., recently reported that of the people who were issued credit cards in the last three months, 25.2% of the new customers had credit scores of less than 700. This is a strong increase from the same period last year when 23.0% of new customers, who had less than perfect credit scores, were given a credit card.
Because of the increase customers, the credit bureau is not reading too much into the bump in delinquency rates. The rise could be more just a shift in numbers than a rising trend. Ezra Becker, vice president of research and consulting in TransUnion’s financial services business unit explained that banks are taking on more risk by giving cards to people who don’t perfect credit, so it is not surprising to see the increase.
“We are still well below historical norms. In
How debt solutions help you repay debts and lead a stress-free life
When you are over-burdened with multiple debts and you cannot manage them by yourself, you search for options as to how you can pay off your debts. In this situation, you look for suitable debt solutions that will help you repay your debts on time. Paying off your outstanding debts on time is very important on your part so that you can reduce yourself from the burden of debts. So, you need to choose the right debt solutions that will help you solve your debt problems with ease.
3 Types of debt solutions
This article will help you know about 3 types of debt solutions by which you can pay off your outstanding debts.
- Debt snowball – Debt snowball helps you pay off your debts.
- You make a list of all your debts in ascending order from smallest to the largest debt.
- You need to pay a minimum amount on every debt.
- You need to check how much extra you’ve to pay on your smallest debt. The
How to Fix Your Credit after Identity Theft
For the most part, technology is a universally beneficial entity. Advances have changed the faces of communication, science, and information. On the opposite end of the spectrum, confidentiality has become more difficult to safeguard. In a world where information is a click away, identity theft has plagued the lives of thousands. If you are a victim, learning how to fix your credit is the first step in overcoming this trial. Follow the steps below to fight for your financial privacy.
- File a police report. Identity theft is a criminal act that should be taken seriously. Contact your local sheriff’s department and file a police report as soon as possible. The police may be able to catch and prosecute whoever stole your information. An official record will also reinforce your claims of fraudulent charges if creditors or credit bureaus ask for further information.
- Call your lenders. Advancements in technology have led to advancements in identity protection. C