Finance: Two Timeless Rules in FOREX Investing

Two Timeless Rules in FOREX Investing

Written by Adrian Pablo

One important thing that every new trader must know before entering this highly profitable business is that life is not perfect, even in FOREX land, and you should always know one fact: YOU WILL HAVE LOSING TRADES.

Every FOREX trader does. The key to being a consistent, predictable, reliable trader is to, at repparttar end of repparttar 139374 day, add up more wins than losses. And, when you KNOW(based off your trading rules), without a doubt, that YES, indeed you are, in a losing trade, don't keep losing money (lowering your stop loss) just to *prove you are right* or your rules are wrong (however you want to look at it).

Let's face it - you can't turn a sow's ear into a silk purse. You can't change repparttar 139375 spots of a leopard and you can't turn chicken poop into chicken salad. The best trades are usually "right" immediately (the techniques, rules, methods and strategies you can learn in our resources list will be your best indicator for just what a "right" trade really is).

The best strategy to erase credit card debt

Written by Bill A Smith

The best strategy to erase credit card debt

Credit card debt is a growing sickness in repparttar United States and Europe. It is very important to eliminate debt and take control of your financial health.

In repparttar 139373 below section, I have listed repparttar 139374 best strategy to erase credit card debt. This strategy is tried and true and often recommended by financial planners and debt consolidation firms.

In an Excel spreadsheet list all your credit cards, balance, credit card interest rate and minimum payment from your most recent credit card statement. If you are not computer savvy, you can list them on paper.

Sort

list in ascending order of interest rate so that repparttar 139376

credit card with highest interest rate is at repparttar 139377

top and

credit card with lowest interest rate is at repparttar 139379

bottom.

Make a count of minimum payment of all repparttar 139380

credit cards in repparttar 139381

list you just created.

Now calculate how much money you can save to pay off your credit card debt and become debt free. If you cannot pay off more than repparttar 139382

minimum payment, it is time to do some budgeting to save more and pay towards your credit cards.

Each month pay off minimum on all your credit cards. However, on credit card with highest interest rate, pay minimum plus additional amount you have saved to pay off your credit card debt.

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