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When you suffer from anxiety and panic, dealing with anxiety attacks and panic attacks is one of the best things you can do to help yourself. Don’t fight them, accept them, and let them run their course. Panic attacks and anxiety attacks most often affect you in many different ways. Have you ever turned off your alarm in the morning and physically not been able to get out of bed? Have you experienced dread about going to work, and been as if you just couldn’t “go through the motions” time and time again? Have you sensed or had an over overwhelming feeling take you over where it was like you take responsibility for your actions? If so, don’t feel as if you are along. With increased pressure from jobs, work, and society to do more and more in less time, it’s not shocking that an even greater percentage of our fellow man is about to have a breakdown.
If you are experiencing these, you may take more sick days at work than your colleagues, be ridiculed or corrected at work for not working up to standard, or not being able to concentrate and attain your job at all. It is not uncommon at all either to have increased instances of other conditions due to reduced immune systems.
You may be affected by feelings of isolation from your family, friends, and loved ones, decreased interests in hobbies, and loose interest in your dreams.

Depression, panic attacks, and anxiety attacks can be a catalyst to bad consequences in you and your families life and can feel as if your life is not worth living or even that you feel suicidal.

Always consider, you are not the only person, and very many others feel this way, or experience these feelings also. There are ways you can go about to get assistance. Talk to someone. Just getting it off your back can quite often help out a lot. There are quite a number of ways which you can pick up that are self help, like http://www.anxiety-attacks-panic-attacks.com. You also might want to seek medical advice, which can help out along with therapy and self help.

Don’t allow yourself to crawl through life, you are worth much more.
Take control to begin to heal yourself right away.

Learning how to begin investing is one of the wisest choices that you can make for your future. The sooner you begin investing, and make the right investments, the sooner your financial future can be solid, and the sooner you can think about retirement.

Texas personal injury lawyers and Texas employment lawyers James N. Francis and Robert E. Goodman Jr. offer quality representation with high ethical standards. For any employment law or personal injury interests or requirements, contact them today to protect your legal interests.

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One of the major financial troubles which people apt to face is credit repair. With many different agencies and companies offering support on credit repair it is difficult to choose the most best option. With the global economic recession, banks require decent credit score prior to giving out loans. This makes it essential to apply fast credit repair strategies. Luckily, fast credit repair is not as complex as is represented by credit companies. Thorough and intensive knowledge is not mandatory. You can simply trail the below mentioned techniques and save your credit service expenses.

The first and foremost question to ask yourself is What have I done wrong? How did I get into bad credit? Only then can you spot your solution and choose the most appropriate strategy. Once you have deduced the reason of your problem, its time to bring about a transformation in your social and financial lifestyle. You can start going through your credit statements and focus on faulty information and bring it under the observation of your credit companies.

Heedless use of credit cards should be totally avoided. Credit cards should only be used only in serious need. All extra credit accounts should be closed to avoid overspending. Extra accounts also tend to show up in the annual credit accounts and prompt negative scores. Outline and regulate your monthly spending budget. Keep track of your accounts and prevent the accumulation of debts. Start accepting that your victory lies in your own hands.

Never fall in the error of paying late. Timely payments assure that you will not face bad credit profile and that your credit score will stay positive. It will also ensure that a pleasant relationship is maintained with your lenders. Make the attempt of raising your credit score as this will give you a positive image amongst your creditors and will help you in getting loans in the future.

Always ascertain your debt ratio to your credit balance ratio. implement caution and concern when using credit cards. Use only 40% credit on a single credit card. An overused credit card raises an anxiety in the minds of the lenders and creates a unfriendly environment. It also cautions the lenders towards offering loans in the future.

People often tend to overlook the most straightforward and simple strategies of fast credit repair. Credit counseling is utilized instead of evaluating their own situation and reaching at an appropriate result. This same task is achieved by the credit counselors at a very costly fee. The most effortless way to remedy your credit score is to surf the net for limitless tips on fast credit repair. But in the end only your own effort can pull you out from this terrible credit mess.

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The privilege sold by one party to another that will give the buyer the right, but not an obligation to buy or sell a stock at the agreed upon price within a period of time or on a certain date is known as stock option trades. Stock option trades have evolved into one of the busiest markets for the buying and selling of commodities. You can gather more information on how to learn the art of trade options. There are places were you can learn the trade options in the market education and trading systems. Stock and option trades offer expert trade alerts and stock market education for Trading Stock Option. The company is one of the fastest growing in serving individual investors or for corporate people for getting stock alerts from the money managers through ground-breaking trade. Stock and Option Trades company offer original approaches to the stock market trading through its sophisticated trading system. They also offer many other services like Trade Alerts and Trade Updates, Market Educational Newsletter, and an Interactive Blog. These are used to turn out faithful winner as well as being able to learn how to create astonishing trading results. Many universities and individual experienced trade people use many different types of teaching and learning methods. Many marketing research companies provide courses that teach the stock option trading system. Advanced stock option trading courses can be taught through power options. A benefit of stock options is making profits in any market. Making a profit when the prices are going up and even when the prices going down. This involves using the options to your advantage in a volatile market, with an up-and-down roller coaster market. The average person is good at rapidly turning a small amount of money into vast rewards, without the worry about the market trends. The learning of trade options has changed how the average investor gets involved with their own stocks. Company information has become wildly available and easy to get hands on, this makes researching and finding stocks to trade is as easy as turning on your computer. The buying and selling of the same type of option contract creates an option spread trading strategy. A call spread is buying and selling calls and a put strategy is going long and short on two contracts. The market rising on this stock is what is needed for this trading position to be profitable going forward. There are huge number of online option trading companies are giving the information about the current market strategies and we can get all the market information in the format we prefer. By the help of this kind of online option trading companies we can get a single platform for multiple exchange and it available on single screen. They offer studies such as Vertical, Horizontal, trend, and free lines. TheScienceOfTrading.com provides 90 free minutes of videos on option trading systems

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A mortgage is the pledging of a property to a lender as a security for a mortgage loan for 7 percent. Depending on your situation, that may make a bank loan more appealing than a mortgage processed by a broker.

See which lenders are charging fees 9 percent and for how much. Different lenders charge different fees. It is a transfer of an interest in land, from the owner to the mortgage lender, on the condition that this interest will be returned to the owner of the real estate when the terms of the mortgage have been satisfied or performed.

While a mortgage in itself is not a debt, it is evidence of a debt of 3 percent. And of course, each loan and each borrower are different. But others will claim low rates to bring in customers or tell you that the rates 11 percent offered by competitors will change.

Some will quote you precise, competitive rates 9 percent. Brokers work with many mortgage bankers and, as a result, can sometimes find slightly more competitive rates 11 percent perhaps lower but dealing directly with a mortgage banker can move a loan along more quickly. Both banks and brokers have their strengths and weaknesses. So how do you find a lender or broker you can trust? Start with credibility. It’s not easy to know if the prices quoted by lenders are reliable. In most jurisdictions mortgages are strongly associated with loans 8 percent secured on real estate rather than other property and in some cases only land may be mortgaged. See mortgage loan for residential mortgage lending, and commercial mortgage for lending against commercial property. In other words, the mortgage is a security for the loan that the lender makes to the borrower. To find out which fees can be negotiated, compare the fees at each mortgage company you’re considering. Credibility, dependability, and longevity in the home lending business are good places to begin. Although most mortgage experts say that rates 8 percent are pretty much the same wherever you go, give or take this tiny 9 percentage. Arranging a mortgage is seen as the standard method by which individuals and businesses can purchase residential and commercial real estate without the need to pay the full value immediately. Go for a new house with geldlening met bkr notering, 408179 euro in a week.

Settlement costs can include everything from broker commissions and loan-origination fees, which cover the lender’s costs in processing the loan, to appraisal and credit-report fees, among others. Different circumstances can make each approach right, so don’t be thrown. Many of these fees are fixed but some can be negotiated.

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I have a good friend who works in an area of the US that has more than its
share of poverty. He called me the other day with a very broken heart. He
was feeling badly for the people around him who simply do not allow
themselves to get set free financially. I could feel the pain he was feeling
because I too, very often wonder why it is that some people experience
financial independence and others do not. It really is a mystery.

But how to get financial independence is not a mystery!

Rather, financial independence is a very simple thing. Truly! It is hard
work and takes time, but the process is very simple! In fact, financial
independence can come from following a very simple plan. All of the books on
financial independence can ultimately be boiled down to this basic equation.
It is an equation that is as simple as it gets. In fact, it isn’t even a
multiplication problem, it is an addition equation! And we all learned
addition in the first grade! Just as 1 + 1 = 2, so does this POWERFUL yet
SIMPLE equation add up to your financial independence!

What is this equation? Get ready, your life is about to change forever if
you will allow yourself to understand and live by the simplicity of this
equation. Here it is:

Smart Decisions + Good Math = Financial Independence

Let’s break it down and take a closer look. First the Smart Decisions, then
the Good Math.

Smart Decisions:

Go to college. Get educated. I know that somebody will say, “Yeah but most
of the people on the Forbes 400 never went past high school.” Well so did
most of the people on the welfare line! Most people aren’t Bill Gates or Sam
Walton. Most people who earn between $100,000-$150,000 a year are college
graduates. “But I’m forty! I can’t go to college.” Yes you can. You will be
44 when you get out and have 21 years of a much better income. The fact is
that most good jobs and careers go to those who have educated themselves. It
is still the surest way to a long-term large income.
Still don’t want to go to college? See the last item under smart decisions.

Get better training. At the very least go get some training in your specific
area of expertise. The promotions will go to those who are the best trained,
so become the best trained! Take a course, even if your employer won’t pay
for it, because eventually they WILL pay you for it!

Work hard. I have found that the many hundreds of high achievers who I know
personally who have become and are becoming financially independent are hard
workers. Every one of them works long hours. They sacrifice for the security
they are shooting for and have attained. I know, we all get emails that say,
“Financial Independence in 10 hours a week.” Let me ask you, do you know
anybody like that? I don’t. No one. Even the success stories you here in the
get rich quick industries show you that they worked HARD!

Develop yourself. Become a better person. Better people get better jobs and
get paid better dollars! Make sure that every day you are becoming a person
who is on the growth track, raising yourself to a higher and higher level
with each and every passing day! Eventually your development will catch up
with you and your income will soar!

Stay out of debt. This is the smartest decision you will ever make. NO Debt!
You know what? I have ONE bill I have to pay every month. That is my
mortgage. But that’s a debt! Well, without getting into an argument, I consi
der it a forced investment with the added benefit of providing me and my
family with shelter! I do not consider a mortgage a debt. I mean car debt,
stereo debt, and consumer debt of all kinds. It is possible. It can be done.
And it will provide you with financial freedom!

Own your own business if you can. So you don’t want to go to college. Okay.
Or maybe you did go to college and you just want to make sure that you make
as much as you can. Well, the smart decision is to own your own business.
Most millionaires in America are the people who own their own businesses. It
will take a lot of risk, a lot of hard work, and many ups and downs, but
owning your business gives you the opportunity to accumulate great wealth,
because the profit is all yours. There are plenty of opportunities to own
your own business and I would encourage you to strongly consider the
alternative for many reasons, of the best of which is the opportunity to
achieve financial independence.

Good Math:

Spend less than you earn. One plus one equals two. We learn that very early
on. Eventually, we learn negatives and we learn that one minus two equals
negative one. Simple right? Yet many people live their lives in such a way
that they spend more than their income and destroy their opportunity for
long-term financial independence.
There are two things you can do to make this “good math” work for you. You
can increase your income so that it outpaces your spending, or you can
decrease your spending. You increase your income by making the smart
decisions listed above. You decrease your spending by making hard choices.
One of these must be done if you are going to achieve the kind of long-term
financial independence you desire.

Put money away into investment vehicles on a regular basis. If you are going
to achieve financial independence, you will have to put away money
regularly. This is the math principle of addition. Don’t laugh: most people
don’t get this. Or if they do, they don’t practice it! Whether it is every
paycheck, or the first of the month, or quarterly, or however you can do
it - DO IT! When you hit 65 years of age, you will be glad you did. And if
you put away enough and into the right investments, you may just be thankful
a lot sooner than that!

Let your interest accrue. This is compounding and it is powerful! If you
earn twelve percent on your money every year, do you know how soon it will
be until you have twice as much as you started with? At first thought you
may assume that it is one hundred divided by twelve, or eight and a third
years. Not true. There is an investment rule that is called the rule of 72.
That is, divide 72 by what average interest you make and that is how many
years it takes to double your money. In this case, at twelve percent, your
money doubles every six years! This works because you earn twelve percent on
not only the original amount but the interest you earned as well.
Start with $100 and the next year you have $112. If you take the $12 out
then you will only make twelve percent on $100 again. If you let it accrue,
you will make twelve percent on $112. This will cut almost two years off of
the time it takes to double!
Where the real power comes in is over longer periods of time. Let’s say
grandma dies and leaves you $25,000 when you are eighteen. You can do any
number of things with that money.

1. Buy a snazzy car. Not a good idea, though most eighteen year-olds would do just this.
2. Invest the money and take out the interest every year. This is nice. It throws you $3000 every year and over forty-two years you make $126,000 for doing nothing and you still have $25,000!
3. Here is the real deal! You leave the money alone for forty-two years at twelve percent (about the long-term average for the stock market). At the end of that time you decide to retire and go to the investment summary to see how much you have. What do you find? You find that your money doubled seven times and that leaves you with 3.2 million dollars! Can you retire on that? You bet you can.

You can achieve financial independence. You can live the life you have
always dreamed of. You can have a life where you have enough at all times,
especially in the end. It is possible. You just have to make smart decisions
and use good math!

As a refresher, here they are again:

Smart decisions:

Go to college.
Get better training.
Work hard.
Develop yourself.
Stay out of debt.
Own your own business if you can.

Good math:

Spend less than you earn.
Put money away into investment vehicles on a regular basis.
Let your interest accrue.

About The Author:

Chris Widener is a popular speaker and writer as well as the President of
Made for Success, a company helping individuals and organizations turn
their potential into performance, succeed in every area of their lives and
achieve their dreams.

To see Chris “live” at the upcoming Jim Rohn Weekend Event as he speaks on
the subject of Secrets of Influence go to
http://Chris-Widener.InspiresYOU.com/ or call 800-929-0434.

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You have been lied to in regards to how to make lots of cash. When I say lots of cash I mean up to 100% profits. If this amount of profits seem far fetched keep reading. I will tell you who lied to you, why they lied and what you can do to fix it and make a ton of money. I will even tell you where to earn big money now.

THE LIE

Investment fund managers and so-called analysts and experts have deceived the public into believing that earning 4% - 11% a year is good. They have suckered you into thinking that if they help you earn profits of 15% - 22% a year you should bow down to them and call them king or queen.

These liars want you to think that since they went to leading schools that they know best how to manage your money. I have yet to see a school really teach a person how to grow money. If these schools taught the liars how to grow money they would not have so much student loan debt.

I recently read a full page advertising for a major mutual fund company where they used an example, that if you invested $4,000 at the age of 35, hypothetically if your investment grew at 8% annually you would end up with $59,141 at retirement. In the small print they tell you that the ending value does not include taxes, fees, or inflation. You and I know that if you back out taxes, fees and inflation you would probably be left with your original $4,000.

The advertising goes on to tell the readers that they should not stunt their IRAs growth and should contribute every year. They want you to contribute to their fund of course. Why would you continue to contribute to their fund and at best end up with $59,141 for your retirement in 30 years? By the way, the advertising does not mention what the mutual fund actually made the previous year. This may be because the mutual fund actually made less than the 8% they talk about.

WHY THEY LIED

The liars lied to protect their own interests. The liars can comfortably invest your money without too much thought and earn single digit and sometimes low double digit profits for you. They can put your money in an index fund such as the S&P 500 or the Dow, which are a group of stocks that are supposed to mimic what the overall stock market is doing.

In taking this approach if they lose your money they can say, well everyone lost money because the overall market was down. In other words, you don’t really expect them to make you money even when others are losing money do you? Come on this would require too much work on their part.

It is easier for the liars to collect their fees from you regardless if you make money or not by simply investing in the same manner as their counterparts. This way they do not have to worry too much if you decide to take your money out and move it to another mutual fund, because for the most part there is little difference in the way they are all performing.

THE TRUTH

Wealthy people grow their money elsewhere and use the stock market to help preserve their wealth. You see wealthy people know that it takes far too long to get rich on small profits so they go where the big profits are. Where is this? It is in commodities. Crude oil, soybeans, corn, gold and cattle are just some examples of commodities.

How would you like to turn the tables on the liars and make big money? Okay, remember the lairs use the S&P 500 and the Dow to make money. You can beat both the S&P 500 and the Dow with one investment. I recommend purchasing contracts or call options in the gold market on the commodities exchange.

For example, on the day of this writing if you had invested $2,000 you would now have $3,400. This is a 70% profit. The best part of all is that this was done in one day. You could take your profits and you would have beaten the liars because they could not give you this amount of profits even if they had a year or two to do it.

Another piece of advice I’ll share with you is that most people buy when the investment is rising. This can be the worse time to buy. Wait until the price drops a bit, believe me it will, and then buy. You may be asking yourself two questions. The first is why wait and the second is how do I know the price will drop a bit?

The reason you buy on down days is because you get in at a better price. I realize this is contradictory to how most people invest. They usually buy on up days because amateur investors say that is the time to buy. However, it is best to buy when more people are selling and sell when more people are buying.

For example, today in gold more people are buying and that is why the price is up. I would tell you to take your profits and get out. You would be out with a nice profit. Tomorrow if the price goes down I would tell you to get back in. You would be able to get in cheap because more people would be selling and that would be why the price would be down.

The reason the price will surely drop sometime in the next few days is because eventually there would be massive profit taking. People would get out of the investment and take their profits. As more and more people began to see others take their profits they will do the same and it will drive down the price.

You and I would have already taken our profits earlier and now we would be looking to get back in as these other people are unloading their investment. You and I would get back in at a bargain.

Buy on down days and sell on up days. This is how real fortunes are made!

For more information visit www.themoneymotivator.com and order Wealthy Investing Secrets today.

Much More Success,

© Copyright David D. Wells. This Article and all contents are proprietary products. All rights reserved. You are welcome to forward the entire Article to anyone interested as long as it is not edited in anyway and includes the Resource Box.

Often referred to as The Money Motivator, David D. Wells is passionate about helping people Crack the Wealth Code to become Money Magnets. Let him teach you the techniques used to help Hillary Clinton turn $1,000 into $100,000 in the course of a year.

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Our Investment Banking firm is receiving an unusually high number of inquiries from minority interest shareholders looking for help. Often times they have just been terminated and concurrently receive a Letter of Intent to purchase their minority shareholder stock.

When they look at these offers, they are hit with their second punch in the gut. The offers are often woefully short of what the terminated shareholder expected. However, when they start to investigate, the harsh reality of the situation sets in. IRS Revenue Ruling 59-60 allows steep discounts when valuing minority interests in privately held companies. The lack of marketability discount can be as high as 40%. A second discount for lack of control for up to 40% can be applied on top of that.

Theoretically, if you owned 49.9999% of a company with a $10 million value and these maximum discounts were applied, your $5 million value evaporates into $800,000.

Wait, it gets worse. The oppressive shareholder understands that through either the shareholder agreement or the Corporate By Laws, they have every right to buy your minority stock at an even bigger discount from fair value. I cannot tell you how many times I have seen almost exactly the identical language as below in either By Laws or Shareholder Agreements:

Right of First Refusal: “The Corporation Shall have the power, at its option to purchase any and all of its shares owned and held by any shareholder who should desire to sell……the shareholders shall not assign, transfer, encumber, or in any manner dispose of any of all of the shares of the corporation that may now or hereafter be held or owned by them, and no such shares shall be transferable unless and until such shares have first been offered to the corporation.”

Wait, the pain is just beginning……. “In the event the Corporation exercises its right of first refusal under the above clauses, the purchase price shall be payable in cash or bank check, and shall be the book value of the shares, exclusive of goodwill, as of the first notice, as determined according to generally accepted accounting principles and shall be binding upon the parties.”

In most cases the “book value” of a company net of good will is a small fraction of the true value of the company. I looked at a company recently that had a market value of approximately $10 million. Its book value using this definition was approximately $800,000. A 40% shareholder wanted to sell his shares. According to the shareholder agreement, if, after he was terminated and given his bid from the oppressive shareholder of $500,000, he sought to sell his shares to an outside party, he would have triggered the Right of First Refusal clause. The result would have been a mandatory sale to the Corporation at a value of 40% of $800,000 or $320,000. This is not even close to the fair value of the company multiplied by his shareholder percentage.

Unfortunately, traditional legal remedies are inadequate to help these minority shareholders. Their attorneys are left with going after a wrongful termination lawsuit. Those end up being a frustrating and ineffective attempt to extract some measure of relief from this pain they are experiencing. The poor client will find it hard to win, he will spend the entire amount of a potential settlement on legal fees and most importantly, he is focusing on the lowest potential reward. His prize is in his stock. MidMarket Capital has worked with several clients in this area and has identified a number of successful strategies that are designed to achieve meaningful exits without legal conflict.

Dave Kauppi is a business broker and President of MidMarket Capital. We help business owners with all aspects of Mergers and Acquisitions. Contact (630) 325-0123

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In today’s markets, everyone from amateurs to professionals
alike experience losses sometimes. Since the bubble burst,
investors have come to understand that managing losses is just
as important as attaining profits.

We have all found ourselves in situations where we have
purchased stock that proceeded to trade down leaving us with a
loss or a losing position that we had to fix.

During the recent bull market, a common solution was to buy more
of the stock at its lower price and wait for it to go up. This
strategy of buying more is called “doubling down.” This is a
risky strategy and not what we recommend, but let’s review it
anyway.

Doubling down allows investors to lower their dollar cost per
share so that the stock only has to gain back a portion of the
loss to reach break even.

For example, let’s say you purchased 500 shares of XYZ stock
(XYZ) for $40.00 per share. Your capital layout would be
$20,000. (Commission costs, which vary greatly, are not included
in our calculations of stock transactions but should be included
when you figure your bottom line.)

Now let’s suppose that the stock immediately dropped down to
$30.00 per share. You would have a $5,000 loss on your
investment. In order for you to recoup your $5,000 loss, the
stock would have to trade back to $40.00.

The doubling down strategy would have you buy another 500 shares
at $30.00 which would give you a total of 1000 shares. (500
shares purchased at $40.00 and another 500 shares at $30.00).
This would produce an average purchase price of $35.00 per share
on 1000 shares, and is known as “dollar cost averaging.”

With the stock at $30.00, you are now only $5.00 away from being
even instead of $10.00 away. This is because you now own 1000
shares at an average price of $35.00. With this position, the
stock would only have to trade back up to $35.00 for you to
break even instead of the stock having to trade all the way back
to $40.00.

However, if the stock did trade back up to $40.00, you would see
a profit of $5.00 per share on 1000 shares, for a $5,000 profit.

This strategy worked very well during the bull market and for
years, many investors made large sums of money buying the dips
and doubling down.

In the table below, let’s assume that we purchased the stock at
$40, as in our example above, and then purchased additional
shares at the new stock price.

When the bubble burst, the greatest weakness of this strategy
was exposed. When you double down, you are doubling your
position to average down your dollar cost per share. However,
along with the doubling of your position comes the doubling of
your risk. The strategy works well when your stock rebounds, but
not so well if the stock price continues going lower.

Once the bubble burst, many investors not only felt the sting of
not being able to recoup their initial loss, but got hit with
additional losses after they “doubled down” and their stock
continued to trade down.

Let’s look back at our example. Above, we purchased 500 shares
of XYZ for $40.00 and the stock traded down to $30.00 leaving us
with a $5,000 loss. We then purchased 500 more shares in a
double down strategy to lower our average cost. We now own 1000
shares at an average cost of $35.00.

Now let’s say that instead of the stock rebounding, the stock
continues to fall to $25.00. The original purchase of XYZ at
$40.00 has netted us a $15.00 per share loss for a total dollar
loss of $7,500. But we also have to account for the additional
500 shares we bought at $30.00. This amounts to a $5.00 per
share loss on 500 shares for an additional loss of $2,500. This
brings our total loss to $10,000!

As you can see, “doubling down” doubles your position both on
the way up and on the way down. It can help eradicate losses but
can just as quickly multiply them.

So what can an investor do?

Introducing the Amazing Stock Repair Strategy. This strategy
involves buying one at-the-money call option while
simultaneously selling two out-of-the-money call options on the
same stock, in the same month.

Amazing Options Trading Strategies For Safer Investing
and Explosive Profits. Discover how to protect your
investments with the leveraged power of options. Step
by step video tutorials show you how. Click here now:
http://www.options-university.com

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Being wrong is OK, but let’s not carry it to extremes. That applies to everything, but let’s limit our discussion here to the stock market.

I have been trading for several decades and was an exchange memebr and floor trader for 17 years. You learn fast there or you go broke in a hurry. As you can see I managed to hold my own for a few years until I found the secret and started to become a successful trader. Every professional trader I know knows the one great secret and that is to keep your losses small.

We all learned that when we took a position - either long or short - that we better be able to jump out if the trade was not going our way. Many of my friends were scalpers. That means they were trading for just a few ticks and every night went home flat. Flat is no positions at all.

Others, myself included, took a longer look and planned to hold a position for a period of time. That could be several days or weeks. If you were right the longer you held on the more money you would make.

The general public seems think that exchange members know everything and always made money. Tain’t so. Many traders were wrong more than 50% of the time. Huh? Yes, fifty percent. My account had losses 40% of the time and 20% were scratch trades (neither winners nor losers).

You ask, “If you are out of the money 60% of your trades how can you make money?” This is what every professional knows: Keep your losses small and let your profits run. How many times have you heard that one? BUT how many times have you ignored that rule?

At the end of the year when you analyze your trades you find that you made $3.00 for each $1.00 you lost you will show a nice big profit.

I don’t care what business you are in you don’t put your whole wad on a single outcome and stick with it until it either works or go broke. That is what brokers and mutual fund managers want you to do. They want you to buy, but never sell.

It is a tragedy for the small investor today that mutual fund families are putting in selling restrictions to discourage investors from dumping funds that are headed down. Many require long holding periods and if you sell prior to that time they charge an extra fee of 2%. They give lame excuses that I know are not true for doing this. Never buy any fund or trade with any brokerage company that has that kind of rule.

It is cheaper to pay the 2% or whatever fee there is and get out than hang around and lose 20% to 40% of your equity. Look back at 2000 to 2003. This can happen again despite what your broker tells you.

Be wrong and run home with most of your money. You still have enough to invest in a better opportunity. If you are disciplined to get out of any bad situation early you will end up a rich person.

Al Thomas’ book, “If It Doesn’t Go Up, Don’t Buy
It!” has helped thousands of people make money
and keep their profits with his simple 2-step
method. Read the first chapter at
http://www.mutualfundmagic.com
and discover why he’s the man that Wall Street
does not want you to know.

Copyright 2005

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