Are,You,Trading,Stocks,Futures finance, share, loan Are You Trading Stocks, Futures or Forex in 3D or 2D?
Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track
An example of this was when I received an email from someone stating that one of his students was consistently making 1000 pips a month trading forex (for stock, options and futures traders, in forex country this is a lot of pips!). What I thought immediately after reading this was so what! Now dont get me wrong, I have a lot of respect for this guy sending me the email, but it reinforces a belief I have that too many traders see trading as 2 dimensional. Let me explain If I was guaranteed to make 20 pips a month, this is guaranteed, without fail; then what is that worth to me? If there was no limit to the number of lots I can trade, whats stopping me from trading 20 lots or even 50 lots? Well its the amount of capital and leverage I have available to me of course, but thats not my point. If I am able to trade 50 lots on this guaranteed 20 pips a month then that is worth $10,000 a month to me, just on a gain of 20 pips. Which do you think will be harder to achieve and more time consuming, making 20 pips a month or making 1000 pips a month? The same goes for ROI per month and this may relate more to stock, futures and options traders. I get calls all the time from traders wanting to learn how to make 20-30% ROI per month consistently. When I ask them why such a high return a common answer is I only have a small amount of capital, such as $10000, and I want to make $2000-3000 per month. If you think in 3D, then which do you think would be easier to achieve by way of time, effort and learning, making 20-30% per month consistently or starting out with say $20000 and making 10-15% consistently per month? Either way the desired result of $2000-3000 a month is achieved. If your reply was, well, I only have what I have (say $10,000), then my response to you is; in the time it will take you to learn how to make 20-30% consistently every month, you would have been able to save well more than your original capital. When I was a student of Peter Bain, one of Peters shining examples of a success was a student from South Africa who had taken his trading to the point where he was consistently making $50-55K a month! I can tell you now, he didnt have to make a 1000 pips month to achieve this, in fact it was less than half this. This student learnt how to think in 3D.
Are,You,Trading,Stocks,Futures