Archive for the ‘Finance’ Category
BALLON STRANGLES, A BETTER TRADES STRATEGY
Posted by Sarah Thomson on April 4, 2011
I have often taught that there is a countermove for everything that a market or stock can throw at you. You may not know it but there is one. This is generally a true statement because if you wait too long, there are some situations you can't get out of but for the most part there is a way to respond to and survive just a bout anything. IF YOU KNOW WHAT TO DO AND HOW TO DO IT. The emphasis is to make the distinction that knowing is not enough. You must know how and that takes training. However it Read more [...]
Posted in Finance | Tagged: better trades, bettertrades | Comments Off
Avoiding suspicious activity reports in cash transactions
Posted by Sarah Thomson on April 4, 2011
Many people ask "just what is considered illegal or suspicious activity when moving cash?" Some people have gone to the bank with the cash proceeds of a garage sale or a car sale on the weekend, and recounted horror stories of multiple questions by bank employees and have sometimes been reported to the government as suspected criminals. The reality is that such reporting is very plausible. Most western countries have enacted cash transaction legislation that mandates it. In Australia, anything Read more [...]
Posted in Finance | Tagged: anonymous proxy, privacy, SAR, SARS, scams | Comments Off
AVOIDING DAY TRADER STATUS WITH BETTER TRADES
Posted by Sarah Thomson on April 4, 2011
Due to an overwhelming request of questions about Day Trader Status I have decided to write this newsletter to look at these issues. Whether you know about it or not, you don't want to accidentally learn about Day Trader Status by a notice from your brokerage firm saying that you are now tagged as a Day Trader!WHAT IS A DAY TRADER?A Day Trader is someone who does four intra-day trades in five consecutive trading days. Let me address some terms here to help you understand this better:Intra-day trade: Read more [...]
Posted in Finance | Tagged: better trades, bettertrades | Comments Off