Seecrets On Investment: Tired Of Making Huge Losses In The Stock Market – Part 2

Written by Stan Seecrets

Continued from page 1

One last point - no single method in technical analysis is sufficient for real-world investing. For example, even if you master Elliott Wave Theory or Gann techniques, by itself it would bring more heartache and disappointment. Often, you will need knowledge from other disciplines and sources to improve your overall investing skills.

Some tips for successful investing in stock markets.

1. Investing is a business. The rules of running a profitable business arerepparttar same as investing in stock markets.

2. Learn to spot your own mistakes fast. When a mistake is made, exit your position and live to fight any day. The faster you realize your own mistake andrepparttar 139970 faster you react will reduce your losses, hence increasing your chances of winning inrepparttar 139971 long run. A useful method is using a 10% stop loss exit strategy. If you are long, and your stock price goes down by 10%, exit. If this same stock reverses and starts to surge, take this as your mistake of not identifying a more accurate (lower) entry point.

3. Understand yourself inside out. What makes you happy, sad, excited, depressed, ecstatic -repparttar 139972 whole spectrum of human emotions are merely states ofrepparttar 139973 mind. This is easier said than done but you have to keep improving your own control mechanisms.

4. Learnrepparttar 139974 methods of successful fund managers – diversification, emotional detachment and having realistic expectations. Investing is a marathon not a sprint.

5. Money management skills. Whetherrepparttar 139975 amount is $10,000 or $10 billion,repparttar 139976 same rules apply. There are plenty of sources of information on this subject fromrepparttar 139977 internet.

6. Learn technical analysis.

The main thrust of this article is to avoid making mistakes that will cost you dearly. How you prepare yourself for bear markets, sideways markets and market crashes are vital to your success.

There are no secrets in investing – no magic formula, no discovery of some useful ancient secrets. Just knowledge, hard work, common sense and discipline will serve you well inrepparttar 139978 years ahead. This verse from a 2500-years-old text is a useful reminder:

“Those who know do not speak, Those who speak do not know.” - Tao Te Ching, 56th verse

Stan Seecrets’ Postulate: “There are two types of people inrepparttar 139979 world – those who know what they don’t know and those who don’t know what they don’t know.”

The author, Stan Seecrets, is a veteran software developer with 25 years experience at ( which specializes in protecting digital assets. He has developed real-time prices delivery systems and has witnessed stock markets collapse of 1987 and 2000/2001 in real-time. © Copyright 2005, All rights reserved.

How Healthy Is Your Credit ?

Written by James Dimmitt

Continued from page 1

A sample letter is included here to help you in correcting your credit profile. Make sure that you clearly identifyrepparttar information that you dispute, include copies of receipts or documents that support your position. Then request thatrepparttar 139923 information be corrected or deleted from your file.

Send your letter by certified mail and request a return receipt fromrepparttar 139924 recipient. Keep all correspondence that you mail out. Giverepparttar 139925 agencies involved 30 days to begin their investigation. You can call them but be aware that phoning them does not protect your consumer rights! You must notify them in writing to protect your rights.

They must notify you ofrepparttar 139926 results of their investigation. Althoughrepparttar 139927 process will take time, it’s important to do it. This is your credit profile, your “consumer identity” that is at stake. Don’t expect an error to correct itself.

At your request,repparttar 139928 credit bureaus must send notices of corrections to your credit profile to anyone who has requested your report inrepparttar 139929 last six months. If you applied for a job and were turned down because of inaccurate information in your credit report, you can haverepparttar 139930 corrected report mailed to anyone who received a copy inrepparttar 139931 past two years.

Sample Dispute Letter Date

Your Name Your Address Your City, State, Zip Code

Complaint Department Name of Credit Reporting Agency Address City, State, Zip Code

Dear Sir or Madam:

I am writing to disputerepparttar 139932 following information in my file. The items I dispute are also encircled onrepparttar 139933 attached copy ofrepparttar 139934 report I received. (Identify item(s) disputed by name of source, such as creditors or tax court, and identify type of item, such as credit account, judgment, etc.)

This item is (inaccurate or incomplete) because (describe what is inaccurate or incomplete and why). I am requesting thatrepparttar 139935 item be deleted (or request another specific change) to correctrepparttar 139936 information.

Enclosed are copies of (use this sentence if applicable and describe any enclosed documentation, such as payment records, court documents) supporting my position. Please reinvestigate this (these) matter(s) and (delete or correct)repparttar 139937 disputed item(s) as soon as possible.

Sincerely, Your name

Enclosures: (List what you are enclosing)

Originally Posted at

© 2005, Author: James H. Dimmitt James is editor of “To Your Credit” a FREE weekly newsletter focusing on managing your personal finances and credit. Subscribe and get a FREE copy of your credit report when you visit:

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