Hi Traders

We started off the day with one and done trades (one EET and one Pullback take your pick!).

For those that continued afterwards, we had a couple of losers. In fact some were down 3 – 4 points after the one and dones.

Why did they continue, and how did it all end up?

How did it all end up: FANTASTIC. We had so many great trades today that I lost count!

One student was up 9 points today! Several up +3 points. I was up 4 points personally!

Now, truth be told not everyone made a profit today, at least not on SIM.

I am getting a few new people jumping on board as my course is being pulled in a couple weeks. New students are just that: NEW. I don’t expect them to have all this down. So some did not do as well, but they are learning!

Didn’t have time to do a video today – but that’s todays update!



Ladies and gentlemen,

It is no exaggeration to say that today is a historic date for the T2S project. It marks the end of more than two years of negotiations on the T2S Framework Agreement, one of the most critical legal documents underlying the whole project.

The President reminded us in his address of how important it is to cooperate if we want to achieve our Single Market objectives. T2S is a clear example of the very good cooperation amongst stakeholders in the post-trade industry: as of today, the spirit of the project will move on from negotiation to cooperation. We shall work together with the CSDs to implement T2S – for the benefit of the European financial markets.

I would now like to congratulate the CSDs that signed the Framework Agreement today. They have demonstrated their willingness to adapt to change. They will play a central role until T2S goes live by preparing and conducting the testing of the system, and they will help us to ensure that the operations of T2S run smoothly from the beginning. This is especially true for those CSDs that will transfer their operations to T2S as part of the first migration waves. I

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I struggled for a while with what to include in today’s post. There was a wealth of information in I Will Teach You to Be Rich, and it was an enjoyable read (how often can you say that about a personal finance book?), but I didn’t want to appear to be endorsing Ramit’s book since MoneyNing.com is an equal-opportunity promoter of all things related to personal finance. In the end, the section on credit cards won out because essentially, credit card debt is a very serious problem for many Americans, and probably quite a few others living outside the U.S.

According to the Federal Reserve’s Newsletter, the total U.S. consumer debt reached $2.5 trillion, with the total U.S. revolving debt (98% of which is made up of credit card debt) totaling $801 billion, as of December 2011. That’s a lot of people looking for a way to pay off those credit cards. You can win at beating the credit companies at their own games – and save money while improving your credit. Here’s what Ramit suggests:

1. You need credit cards, but only 2-3 (not four like the average American). To help raise your credit score, you should keep two credit cards active. Inactive cred

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The volatility is dropping again – down about 17 %. So as the VIX gears down, we wind down as well and work more on our “trading for income” philosophy and grab 4 – 6 ticks a day. When the VIX jumps up, we go for more!

Today we opened up in No Zone. To us, that is a clear indication to trade Early Entry Trades (EET). We had 2 very nice “One and Done” EET trades for a very quick, and profitable day!!

Today is our first day of our Fall Special – new members receive 15 % off!!

Get in touch with Al Mobus at 904-718-4490 if you have any questions!



Sehr geehrter Herr Schmitz,

vielen Dank für Ihre freundliche Einführung und vielen Dank für Ihre Einladung nach Berlin. Ich freue mich, heute hier zu sein.

Ladies and Gentlemen,

I would like to take this opportunity to provide you with my assessment of the current situation in the euro area and shed light on recent signs of improvements in the overall outlook. I would particularly like to draw your attention to the effectiveness of the policy measures implemented by the Eurosystem, the EU institutions and national authorities. And to remind you of the measures that we all must continue to pursue over the coming months and years with great diligence in order to continue on this path of stabilisation.

As this audience knows very well, in November last year, the prospects for the euro area financial sector were very bleak.

Banks were experiencing a period of heightened stress. The inter-bank market was closed except to the strongest institutions in the safest countries, and funding markets were impaired. Unable to raise funds beyond short maturities, many banks were reducing medium-term lending to the real economy.

At the same time came the requirement to increase capital ratios to 9%. Th

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With so many bad loans and negative records with the Credit Bureau, the banks have circumspections in approving new loans, especially for individuals that can’t bring warranties such as a home or a property. Considering the 2008 financial crash and the bankruptcies of some important financial institutions, obtaining a credit without warranties is really hard those days. If you are one of the lucky persons that obtained such a credit in the past, you might want to think how to save money with a credit. This way, the money will be wisely spent, and you will be able to pay the interest for the credit using the money generated from the respective loan.

Buy a home and rent it

If you are able to set a rent higher than the monthly rate for the credit, you will not only be able to pay the rent, but also to remain with a decent sum afterwards. This is a great method to make sure all the debts are paid in time, and that your credit generates significant incomes. Moreover, the extra sums might result in even some more incomes, if you are able to invest that money correctly. F
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Lots of articles try to convince you that raising money-smart kids is a good idea, but you know better. Who wants kids who limit their immediate gratification by putting money in a savings account? And every parent knows life is a lot better if you shut your screaming kid up by buying her everything she wants at Toys R Us, right?

If you sometimes worry that your kid is too wise and worried about money, just follow these eight tips and nip that fiscal responsibility in the bud:

Hey, lets be honest, isnt life better when you just buy the little duffers whatever they want? It stops the whining immediately and keeps the kids busy for a few minutes so you can enjoy that $5 latte you just bought. So what if they start to believe that theyre entitled to everything? Isnt entitlement the American way? We deserve it all!

Oh, poor little Johnny stepped on his new squirt gun that he tossed on the floor last night. Its busted and hes bawling. Dont put up with that rush over to Walgreens and buy him another one right now! You dont want the kid to learn about consequences, do you? That might spoil his morning.

Your kids dont care how long and hard you work for your paycheck, so dont bother discussing the connection between work and pay.

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Cable companies are a supreme example of a natural monopoly. In Economics classes in college, they were the easiest case for a professor to make, as only a few competitors can exist in any cable market due to structural conditions. Oftentimes there is only one option for consumers to choose from. The consumer is at the mercy of the cable company because they have no leverage. Over the years, the price of cable has gone up significantly. The rise of other forms of competition through technological advances has led to a shift in the consumers favor. Is your cable bill too high? What are your options?

The internet age has opened up a number of avenues for companies to pursue. This has led to companies, such as Netflix streaming and Hulu Plus, to compete with cable companies.

Netflix offers a wide selection of movies and TV shows, while keeping their price low ($7.99). They offer full seasons of TV shows, movies and HD quality video. While Netflix doesn’t offer a lot of newer shows, they make up for it with quality streaming and a huge assortment. One account can have up to six devices and up to four running at once. Split it up with friends and family and drop the price even more. I

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After losing your job, you can depend on personal loans for bad credit to assist you in taking care of your financial needs. These are now readily available and there are some lenders who won’t even care about your credit meaning that your application will still go through even with a low credit score. One thing that you should note about such loans is that their interest rates are usually high and the cost of borrowing them will therefore be high.

The need to pledge collateral on the loans

A simple trick of moving any lender to easily offer you the amount you need on loans for the unemployed with bad credit is to pledge some valuable asset that can be seized in the event that you fail to fully settle the amount offered. Such property should have some value close to the amount of cash you need and the lender won’t hesitate to offer such. Offering security on these loans will also get you lower rates and some more favorable terms.

The fact that you don’t own some property that you can pledge does not mean that you can’t get funding when you are jobless as there are lenders who offer unsecured personal loans for the unemployed with bad credit. However
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