Rational Momentum Traders .... Identify Explosive Stocks to Trade ... Day Trader Tips & Tactics

Written by ChatHotStocks.com

Inrepparttar stock market it's not unsual to see a stock go up more than 15% in less than 5 minutes on a good momentum day. It could seem that making money inrepparttar 150664 market is just a matter of buying one of those fast moving stocks and riding them for profits. In a way it is.

The problem is, that if you don't know what stocks to look for and how to properly approach them and simply leave everyting to luck, you could end up wasting money instead of making your profits grow.

That's whyrepparttar 150665 most important aspect of momentum trading isrepparttar 150666 knowledge FILTER you employ to make your buy and sell decisions.

There are many "fantastic" stock systems and trading strategies outhere, but you need to test them in order to discover which ones help yourepparttar 150667 most. That's part of your homework as a stocktrader. Test, test and test again.

Complicated stock trading strategies that rely on a "boat load" of technical analysis indicators can make you slow, and being slow when trading hot momentum stocks can be as dangerous as not knowing what to do inrepparttar 150668 first place.

Credit Card Debt: How to Get Rid of it.

Written by Greg Mee

This method is simple, but requires some discipline.

First, you have to stop any new spending on your cards.

Second - you'll need to examine all of your spending. You'll need to know how much extra money you'll be able to put towards paying off your cards.

Credit card companies generally determinerepparttar minimum payment to be 2 - 2.5% ofrepparttar 150634 outstanding balance. So if you owe $1,000, for example, your minimum payment will be 20 - $25 per month.

Some part of that $25 goes torepparttar 150635 interest onrepparttar 150636 balance, some to pay offrepparttar 150637 actual balance. How much goes where depends onrepparttar 150638 interest rate. Your credit card statement will give yourepparttar 150639 exact numbers.

Let's say that $20 ofrepparttar 150640 $25 goes torepparttar 150641 actual balance. To pay off $1,000 at $20 per month will take 50 months. Just over four years. You'll also have paid $250 in interest alone.

Here's how you pay them off:

Look atrepparttar 150642 interest rates on all your credit cards. Takerepparttar 150643 one withrepparttar 150644 highest rate. That'srepparttar 150645 one you're going to work on first and we'll call it card #1.

After examining your spending you may have found some money to put towards your payments. All of this extra money to pay off your card debt goes to this one card. The idea is to pay as much extra to card #1 as you can. Until it's paid off.

Payrepparttar 150646 minimum balances on allrepparttar 150647 other cards until card #1 is done.

Then takerepparttar 150648 card withrepparttar 150649 next highest interest rate and add to its paymentrepparttar 150650 total ofrepparttar 150651 payment you were making to card #1. In other words, sendrepparttar 150652 regular monthly payment you used to send for card #1, plus any additional amounts that you used to pay on card #1, plusrepparttar 150653 monthly minimum for card #2- all to card #2. Do this until card #2 is done.

Then takerepparttar 150654 total you were paying to cards #1 and #2 and add that torepparttar 150655 payment on card #3, and so on.

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