The Finance Factor

STOCK MARKETS:- WAR OF EMOTIONS

ing and taking into consideration the psychology of the almost every human nature that very few people know about real investments as well as very few wants to know about them. As I also concluded in my last article ‘STOCK MARKETS:- NOT TO BE BLAMED FOR THE EROSIONS’ That stock markets are only meant to be for investments. But if we people do trading or speculation in market then the risk involved is entirely our responsibility. Stock market has nothing to do with those profits or losses occurs in trading in the market. Believing in it or not is entirely one’s responsibility.

In stock market if you do not have control on your emotions, greed, temptations, decisioning power, acting-reacting power, thinking power etc then there is only few percent chances to get success in trading because trading in a stock market is a mind game. In trading at any point of time if you loose control on any of these above natures then the result will be very devastating. Perhaps then you will not be able to get out of that trade. But as we all know that controlling the emotions are most difficult thing to achieve except only few. We people (most of us) are bound to drain in our emotions.

I have seen that for the fresher in the market, trading in stock market seems to be very easy. They say its only buy and sell nothing else to do. They say you buy low and sell high & vice versa. It is very easy. I want to ask all of you that Is it really so easy? You must be laughing on them and also feel pity on them but they will not listen to your experience unless they fallen once in market. Trading in stock market is the toughest business of all times. It’s a war of emotions. If you loose a little grip on your emotions then the results will never be thought of.

In my point of view it is for sure that stock markets are not meant for trading. Its only meant for investments. But as a normal greedy human beings 95% of us likes only to trade in the market whether we loose or win. They think that investments are only for fool wise businessmen of the world like WARREN EDWARD BUFFET etc. Intelligent greedy people will only wants to trade and make money in tons including me also. The reason for few of the smart traders for not investing in market is not they don’t want to invest in market rather they don’t know the meaning of investments. Those people who lost their capital in stock market are not unlucky people but the reason for loosing is not having any control on emotions. Stock market trading is definitely a war of emotions. If you loose from your emotions then you cannot win in stock market. As we all know that, “ Emotions have no place in business.”

There is also one rule in trading that don’t be get personal with any of the stock. Don’t you ever get attached to the stock. Don’t think that this is the best stock in market because it has given me lot of return in the past. And again I am going to buy this stock leaving aside other good opportunities in market. There has to be no emotional relation between the trade and the trader. On that prospect sharing my own experience I had earned lot of money in single stock i.e. Hotel Leela in Indian stock market & I use to believe that I am absolutely familiar with the movements of hotel leela but proved absolutely wrong and next time in that stock I had lost more than doubled the money I earned earlier. So, don’t you ever dare to think that you can rule the movements of stock markets.

Continue reading ‘Stock Markets:- War of Emotions’ »

In these lean economic times almost everyone is looking to cut a few corners and save money. The Internet can be a great source of help.

For instance, are you floored by the cost of a new console video game? Hot titles for the three big ones – the Nintendo Wii, the Xbox 360 and the Sony Playstation 3 – usually retail new at least $50 a pop. But thanks to internet game rental sites you can play the latest games in the comfort of your own home as soon as they come out, for less than the cost of a cup of coffee a day.

Speaking of coffee, do you wish you could cut that $5 latte out of your daily budget but really do not want to give up your gourmet java habit? Then why not join one the numerous online coffee clubs that offer the best in fresh coffee from around the world, and will ship it all to your door for far less than you would imagine. Most of these services also offer free shipping and great free gifts for new members, so they are well worth taking a look at. Continue reading ‘Let the Power of the Internet Start Saving You Money Today’ »

If we look at the latest stock market activity, with the S&P 500 up more than 40% since the March lows, people looking for ways to repay debt are facing an interesting dilemma. Although interest in debt removal, debt elimination plans, and other debt settlement information has peaked over the last couple years, people with debt trouble should really evaluate positive ways to repay debt. Here is why.

Stock Market Returns Are Leading Indicators

We hear all of the time about leading and lagging indicators. A leading indicator tells us what is expected to happen (higher stock market returns suggest companies are expected to make more money). Lagging indicators tell us what has already happened but is only surfacing now — for instance, the statistic on higher bankruptcy filings tell us that more people were unable to repay debt. It does not mean that they cannot repay debt today, but when they filed they had no other means. Continue reading ‘Stock Markets Gains Tell Us to Repay Debt, Not to Write it Off Through Bankruptcy’ »

If you are at a point where you are considering the possibility of declaring yourself bankrupt as a last resort to deal with debt problems, then it is probably fair to assume that the last thing in the world you want right now is another bill. For this reason, a number of people look to attempting a do it yourself bankruptcy, that is to say, they seek to go it alone without the assistance of a lawyer.

But let’s get straight to the point. A do it yourself bankruptcy is NOT feasible.

You might have heard people talking about how they went through a do it yourself bankruptcy successfully but the chances are that this was before 2005.

In 2005, Congress made some reforms to the bankruptcy code. These changes have made the law notoriously difficult to understand, even for the professionals. And for that reason, it is really not a good idea even to attempt this without an attorney backing you up.

For a start, although most people who were eligible before 2005 still are, some are now not. You really need to seek unbiased and honest advice of a legal professional to work out whether or not bankruptcy is even the route you should be considering. And then, once you establish that it is, the hoops you have to jump through are so excessive and complicated that you simply cannot do it alone. Continue reading ‘If You Are Considering a Do It Yourself Bankruptcy, Read This First!’ »

A recent study shows that 62.1% of personal bankruptcy cases in 2007 were linked to medical expenses. Given our countries financial crisis it’s safe to say that this is an even bigger problem today in 2009. In this study released by Harvard professor Elizabeth Warren it showed that most medical debtors were middle class families that owned homes, were employed, and 75% had health insurance.

So what does this study reveal about our current health care situation? One serious illness can cause unaffordable medical expenses or a decrease in or lack of income which results in bankruptcy. Most families have nothing to fall back on if they become ill and lose their job, which consequently causes the loss of health insurance.

Most all bankruptcy debtors had some medical debt, but about half of the debtors, according to the study had mostly medical debt. While this study only encompasses a handful of bankruptcies, 2,314 to be exact, it does make sense. In 2005 laws were passed to make bankruptcy a bit harder to obtain, yet the numbers increased after a few years.
So what are bankruptcy lawyers saying about this study, a few are totally disagreeing with the study saying it is propaganda to back up a government run national health care plan, but most agree that almost all bankruptcies have some medical debt attached. Continue reading ‘Tough Times and Health Problems a Recipe For Bankruptcy’ »

FapTurbo has become an overnight sensation in the Forex trading community and it is still going strong with thousands upon thousands of traders who wish to increase their profits without having to put in too much extra work. And this is what FapTurbo promises: the ability to automate all or a large part of your trading activity so that you make more money automatically, without too much work.

But is this promise true or is FapTurbo a scam?

The promise of FapTurbo has 2 parts:

1. To automate trading

2. To provide a high profit

Let’s examine both of these parts one by one.

Automated Trading

This part is pretty easy. FapTurbo is an automatic Forex trading software. It covers the entire trading cycle from going over the markets, seeking a trading opportunity, through placing the trade itself, to closing the trade at the appropriate time. This, in effect, takes nearly all of the work you need to do and allows you to trade hands free.

Can FapTurbo Provide a High Profit

There are 3 things which help to give the answer to this question:

1. Testimonials – There are many testimonials of traders who use FapTurbo and have gotten excellent results with it. This is an excellent indicator of the profit potential this software has.

Continue reading ‘FapTurbo Reviews – Is FapTurbo a Scam?’ »

It seems the word “Budget” is as blasphemous to an adult as “Clean Your Room” is to a child. However, the process of completing a budget can be extremely beneficial, particularly for those who are looking for ways to repay debt and improve their financial well-being.

Building a Budget
Putting a budget together involves investigating existing income and expense streams. This not only allows you to see where your funds are going on a monthly basis, but how well you are able to repay debt before taking your budgeting process to the next level.

Since most budgets are doomed to fail before they even begin, it is wise to sample several “typical” months instead of just the most recent month. The reason for a broader sampling is to ensure non-monthly expenses that show up in month but not another are taken into account. Continue reading ‘Smart Budgeting is the Foundation of a Good Plan to Repay Debt’ »

Debt is becoming a serious problem for many people as the economy remains in recession, but is bankruptcy a good way of escaping your debt problems?

This article discusses the impact of bankruptcy to help you decide if this is a good way of freeing yourself from your debts.

Bankruptcy is one of the forms of insolvency available for people who are unable to settle their debts. It is a legally binding agreement between you and your creditors that protects them from pursuing you for the money that you owe.

As debt problems mount, you can actually voluntarily declare yourself bankrupt if you owe more than £750. Your creditors also have the power to force you into bankruptcy should they feel that there is no other alternative. Continue reading ‘Is Bankruptcy a Good Way of Escaping Worsening Debt?’ »

The declaration of bankruptcy under Chapter 7 discharges the bankrupt person from honouring all debts. But under Chapter 13 it is not so. The debts are required to be paid within a fixed time frame and it is done under court supervision.

A bankrupt person under Chapter 13 bankruptcy can obtain a bankruptcy equity home loan even though he may not be an ideal client for a lender. A sub-prime lender will refinance your home with a substantial amount where it would normally be difficult to have access to a mortgage in a conventional manner. Those who have bad credit ratings benefit from large amounts of money in the form of loans from these sub-prime lenders who are mostly interested in the property rather than the bad credit, although they may require to know your capacity to repay. The lender charges a high rate of interest on these loans as his service is also charged for. Continue reading ‘How to Get a Bankruptcy Equity Home Loan’ »

When folks ponder bankruptcy, they as a rule imagine cars, houses, or credit cards. They more often than not will not consider medical bills. But the reality is that a big part of the bankruptcies filed in the United States are thanks to overwhelming medical expenses that people cannot pay.

If you are somebody who is considering medical bankruptcy, here are a few things that will give details to you the two kinds of bankruptcy and the ways they surely will affect your costs and the different ways they are going to affect you in the the near future.

Chapter 7

This sort of bankruptcy will wholly exonerate most of the debts that somebody has, which will likely include all of the person’s medical costs. The unpleasant thing about this type of bankruptcy is that it will remain on a person’s credit report for a decade, which is a exceptionally long time. This will also really affect their credit, even if that person filed it only because of their medical costs. Continue reading ‘Consider These Medical Debt Bankruptcy Facts’ »