Learn the Secret to Becoming a Successful Covered Call Option Writer

By Marc Abrams

Wow! I can't believe how interesting the stock market is these days. Many people, including me, have given up trying to predict the direction of the market. Happily, I'm now in the position to say "Who cares!"

My new attitude is not because I have surrendered to the stock market and accepted the uncertain fate of my future. I have made a monumental change in my investment strategy.

The world is full of people that fail to see the advantages to covered call writing. Here is my favorite piece of advice I often get from these so called stock market experts "covered call writing fails because the market takes away your winners and leaves you with the losers". I find this hilarious. If my stock gets called away and I am left with an 8% return on my money for the month I am thrilled that I locked in that gain. Who cares if the stock continues to rise in value, I just made 8% for the month!

In order to be successful using covered calls the average investor needs to remain focused on their goal. Forget about what could have been. It is easy to lose sight of why you entered into a trade to begin with and instead focus on the unforeseen benefits that you never received. Consistent monthly returns of 2% to 10% gains will definitely more than make up for any appreciation at you lost when the stock was called away. Keep focused on your goal which is to make money!

Now that we've addressed the fallacy about the market taking the winners, let's focus in on the losers. Please be aware that stocks decline at a faster rate than they go up. Fear and panic sometimes force people to act on emotion and not on logic. It is critical that the covered call option writer protect himself in this situation. How is this done? It can be done rather easily, but the answer is beyond the scope of this article.

What if you can lock in those same gains while using a strategy to protect yourself if the market declines? Think about it, knowing exactly what your gain will be even before you place your trade. That, my friend, is taking control of your investments. The exciting fact is that you can do that reliably because I do that very thing month after month.

The key to being a successful covered call option seller is to remain focused on your goal and protect the downside. You must find a proven strategy that will allow you to stick to a plan regardless of which direction the stock market is moving in. Now you need to make a decision. Do you want to be the kind of investor that gambles on hopes of finding the next super stock? Or do you want to be the investor the builds wealth and becomes rich by using systematic, low risk strategies to beat the market month after month?

I've made my decision. - 23221

About the Author:

Visit Marc's website for more information on how to successfully write Covered Calls in a declining stock market

Forex Robot Reviews

By Pepa Wood

It's extremely challenging to establish a livelihood from forex trading and advancing to the level where you'll be able to build an invariable income takes an impressive sum of time and effort. As a matter of fact not a lot of people are able to become prospering dealers, so forex robots are an ideal component for people unaccustomed to forex trading.

It took me a numerous amount of years of turning a loss and experimenting with loads of various systems before I began to consistently bring in money from forex trading, and it is the same for several others also. Very few people begin making an income immediately.

In addition, several people have to go through a major learning curve and often waste a hell of a lot of money and still can not accurately develop a profitable technique of dealing. As a matter of fact surveys have shown that roughly 95 percent of forex traders are actually turning a loss, therefore is it really worthy of your time and efforts ascertaining how to carry on towards becoming a high achiever, when you have no assurance that you will be any better off than before you started.

Well as luck would have it, there is no point wasting time worrying because forex trading robots are instantly obtainable to everyone. In the beginning the programe was made for a superior trading professional that was working for a large banking company, but that doesn't have to be you anymore . Presently you can purchase the entire trading robots programe for an average cost that will place deals for you automatically. The best part of the programe is that it only selects the most profitable deals by implementing a complex algorithmic rule and scientific data.

Luckily for you don't need to know a thing about forex trading. After buying the trading robot all you've got to do is arrange for the programme to process data Metatrader4, which is a charting platform utilized by several honorable agents, and then place your bet. The robot will then put in barters automatically every time it's unique selling criteria is matched.

If you bought the right system, then it should start making you money. You should be aware about which robots you buy because they're not all as productive as they may initially appear. All robots are susceptible to losing money occasionally, but if you select one that has a upstanding track record across the past few years then they'll often fulfill their charge.

The best forex trading robots are the ones that stick to sound money management rules which means that they keep losses small and set their targets further away than the stop loss. These are the ones that have the capability of accumulating wealth over the long run, and are generally much more profitable than some of the more hyped up trading robots that are currently on the market. - 23221

About the Author:

If you are looking for great reviews of Forex Robot Systems click this link. The Forex Robot Reviews here are extremely beneifical and easy to understand, whether you are a learner or a professional.

An Introduction to Forex Trading

By Bart Icles

Before we engage into any new venture, it is important that we give ourselves enough time to have a proper introduction to the new kind of business we are considering. The same is true if we are locking our eyes on to foreign exchange trading or forex trading. The forex or FX market is a very attractive kind of market, and is reputed to be the largest known financial or trading market in the world. Everyday, trillions of US dollars are being traded in this lucrative market. This average value is even greater than what US equity or stock markets can make in combined volume.

The foreign exchange market works through a spontaneous purchasing or buying of a certain currency in exchange for another type of currency. Although spontaneous, forex traders often make decisions based on market signals. This only emphasizes the different forms of irony that take place in this unpredictable kind of market. In trading currencies, you will notice they are typically bought and sold in groups of two or what the forex market knows as currency pairs. The most common currency pairs include EUR/USD and USD/JPY.

One of the most common questions that newcomers to the forex market have is why people need to engage in forex trading. Currencies are often traded because businesses and governments that sell and purchase products and services to international markets need to convert the profits that they make into currencies that can be accepted in their home countries. However, this only counts as a small part of the forex market.

The large bulk of earnings made through forex trading can be attributed to traders who venture into the market to make profits and at other times, speculations. Presently, currency trading is often done through the use of majors or the most liquid currencies. The most liquid currencies in the forex market as of date are the Euro, US dollar, Japanese Yen, Australian dollar, Canadian dollar, Swiss franc, and British pound.

One main advantage of the forex market is its availability to traders virtually 24 hours a day. Typically, the forex market opens each day a Sydney then makes its way to other forex trading centers in the world, including Tokyo, London, and New York. In this manner, forex traders or investors can quickly respond to currency fluctuations. These currency fluctuations are results of economic, social, and political events that take place and change everyday. - 23221

About the Author:

Forex trading systems are powerful when coupled with a desire to learn and a drive to become a great trader. Learning a forex system takes dedication and a good teacher. But once you learn how to trade and do so successfully your life will change and you have options and financial resources you never had before.

Do You Want To Know How To Deal With Life After Bankruptcy And School Shopping?

By Emma Elvie

Anyone who is trying to deal with life after bankruptcy should know that it can be extremely difficult trying to get on with life after bankruptcy and avoid getting into financial trouble again. School shopping is right around the corner and most of our kids are going to want us to take them shopping at the malls for the best back to school sales so that they can feel great in their new clothes when the school year starts.

It is not difficult to know that it can be extremely difficult to overspend on items such as this. Especially since stores do such a great job in advertising all their back to school deals it can make it extremely easy to overspend on their products. If you fail to set up a budget before you visit the mall then you will find yourself getting back into debt and not being able to avoid bankruptcy again.

When you are dealing with life after bankruptcy one of the things that you have to be aware of is learning how to stay out of debt again. In fact this is one of the reasons that you decided to file so you can get a fresh start and not have to constantly worry about all the debt in your life. We understand that you want to purchase all the necessary items that your children want; however it is also important to know what you can afford to spend before you even leave home.

You will want to avoid taking your credit card with you when you leave home. Try to hit all the sales and only spend cash to purchase all the items that you need. People who tend to try to get on with life after bankruptcy tend to find themselves getting back into the same financial situation that they were in before.

Be sure to visit the site below for more tips and information that you can use when getting on with life after bankruptcy. You will be amazed at all the information that you will find when you take the time to browse our site that will get you out of financial trouble. - 23221

About the Author:

How To Raise Your Credit Score After Bankruptcy How To Do It! Getting Over Filing Bankruptcy

First Time Homebuyer's Guide To Self Inspections

By Alexandria P. Anderson

Contracting a professional home inspector before buying a home is a good way to ensure that you will not encounter any major problems after you've signed a contract and bought a house.

Then again, official home inspections are only required after an initial contract is signed. It would be better for you to gather your own information about the house you are eyeing. You can go straight to the seller and ask him or her everything about the house. You can also ask for permission to conduct your own mini-inspection.

Most sellers will be open to having you inspect the home well before signing any type of contract, and this gives you some leverage when you are negotiating the final price. Barron's 'Smart Consumer's Guide to Home Buying' encourages all prospective homebuyers to prepare a checklist and note any problems and areas of concern as early as possible. The authors of the book explain that, "If you are thinking about buying a house that will need renovation or upgrading, the more value will be derived from your mini-inspection."

You need a checklist in inspecting the house to ensure that you cover all important aspects that you need to look at. The information you gather from this checklist can then be used to create a written report to help you in assessing the overall condition of the house. Here are some important matters to include in your checklist:

Know the age of the house - Know the exact date when the house was built. You must also check if there are any renovations or upgrades done on the home, when they took place and if the house's blueprints are still available.

Examine the foundation of the house - Look for huge cracks or signs of water problems around the house and in the basement. Ask the seller about any flooding issues or other problems related to weather that the house experienced (or experiences) in different seasons.

Examine the interior of the house - Keep an eye for any defects and other potential sources of problems in the interior of the house. Specifically, you need to check if all walls are even with no cracks and if all doors are easily opened and closed. Take a picture of any visible crack, if possible. Check if there are any molds, foul odors and if all water drainages and faucets are working properly.

Inspect the exterior of the house - Check if all windows and doors move smoothly and if these are properly insulated. Inspect the sidings of the house. Look for signs of deterioration.

Examine the heating and air conditioning system - Query the seller about the average cost of operating these systems in a month. You may need to have a new system in place if the old air conditioning system is already inefficient.

Look at all your notes and create a written report about the condition of the house you just inspected. You may also consider using a digital camera or camcorder to take pictures and videos for a more detailed review in the future. This additional effort may give you an advantage over the seller come negotiation time. - 23221

About the Author:

Alexandria P. Anderson is a licensed Minnesota Realtor that uses the Maple Grove MLS listings to help her clients to find and purchase Maple Grove realty and other Twin Cities properties.