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Breakinger replied to the topic 'Hacked' in the forum. 3 hours 6 minutes ago

I had this happen when I tried to purchase a new stove one time. I hadn't used my one credit card in so long that they thought it was a fraudulent charge and denied it right away. It's good to see these companies on top of things like this. It makes you feel a little bit more secure about things. I will definitely have to check my credit report just to be sure that there isn't anything on there that shouldn't be. How often do you think something like this should be done?

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Tishbel replied to the topic 'When you take the frugalness too far?' in the forum. 4 hours 2 minutes ago

Glad to hear you made it out of that. Things must have been very tight for a while.

Sacrificing hygiene for the sake of a few bucks on toilet paper seems like taking it too far. Substituting cheaper products is one thing, but things like toilet paper can't really be done without. Being frugal goes too far when it starts costing you money, like when I bought myself cheap shoes for half the price but went through three pairs in the time good shoes would last. Sometimes value for money is as important as saving it.

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adamsmiths created a new topic ' How to Start Your Trading Career with A Small Trading Account -Forex Trading' in the forum. 4 hours 29 minutes ago

There are many traders in the forex market who often balms their small trading account when they fail to achieve success in the financial industry. But in reality, the small trading account has nothing to do with your trading performance. Most of the retail traders in the financial industry fail to make money in online trading because they start their trading career without knowing the basics of the forex market. But in order to make a profit by trading the different financial instrument in the world, you need to have a very strong foundation in all the major three types of analysis in the market. If you have lickings in any one of the major three types of analysis then you will never be able to make a profit in this industry. Those who are trading the forex market for a long period of time and making a consistent profit have developed a strong foundation in the financial industry and thus they are able to make the best trading decision in the forex market. But if your small trading account then you might be thinking that due to your small trading account you are not able to make a decent profit in trading. But you should be grateful to your small trading account since it is saving a huge amount of your money in the forex market. In this article, we will discuss some of the key methods which will help us to trade the small trading account.

Don’t focus on your trading deposit: Most of the novice traders in today’s world focus too much on their potential profit in the market. They simply don’t realize the fact that trading the financial instrument involves huge risk. Since you trading the high leverage market you always have the potentiality to income huge amount of money and side by side you have the expose to lose money in forex trading. So when you start your trading career make sure that you focus on your technical and fundamental analysis section. Try to avoid indicators in your trading chart since they will make you confuse by giving to much false signal in the market. Since you are trading with a small account you should consider all your trade output as a percentage and never look at your trading balance. If you trade the market profitable for three consecutive months then you will see that your small trading account has grown big enough for you.

Use price action confirmation signal: Trading the financial instrument can be extremely difficult if you relatively new in this industry. Most of the retail traders fail to make money since they don’t have any proper trading strategy in forex trading. Even if you get millions of dollar then there is high chance that you will lose all of your trading capital within a very short period time since you don’t know how to trade market properly. As a full-time trader, you should learn the art of price action trading strategy. In the eyes of trained professional price action trading strategy is considered to be one of the best trading strategies in the world since it provides the traders pin perfect trading spot to execute their trades in the market. It’s true that at the very beginning you will have some difficulty with price action trading strategy and you won’t find any trading signals in the market. But since there are a wide variety of trading assets in the forex market you can explore many different trading assets for potential trading setups in the market. If you follow price action confirmation signal in the market then you will be able to take high volume trade in the market with risking very little amount of trading capital.

Use the right trading tools: Most of the professional brokers in today’s world are offering excellent trading service in forex trading and all the experts are very happy with the end technology.AS professional trader you will need a high end trading platform to do your technical analysis. So when you do your technical analysis make sure that you the right tools in the market to execute your orders in the market. Since your trading account is relatively small you don’t have the luxury to afford too many losses in the market. So when you take any trade in the market always make sure that the trade is offering excellent risk reward ratio in the market. Trading the financial instrument involves huge risk and as a trader, you will always have some losing trades in the market. So if you don’t know how to manage your losing orders in the market then no matter how much money you deposit in your trading account, you will never be able to make money by trading the financial instrument in the world. And never take any trade beyond your risk tolerance level. Because if you do so a single loss will give you extreme mental pressure and ten you will start trading with your emotions in order to recover your loss.

In summary, Trading with forex market with a low deposit has nothing to do with your trading performance. As a professional trader, your prime concentration should be on high-quality trade execution. If you focus on potential profit in the market then you will start overtrading in the market. Most of the novice trader fails to make money since they over trade in order to make a huge profit. If you truly follow the price action trading strategy in the market then you will see that within a single year your small trading account will grow big enough to support your lifestyle.

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Breakinger replied to the topic 'Home Party Business Advice' in the forum. yesterday

I've never been invited to an online party before. I think it sounds like a great idea and it most likely gets you more people that way. Since some of you have attended parties like this, what do you have to do? Is it interactive through Skype or do you just get to look at the catalog and pick out what you want?

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Lexie replied to the topic 'Home Party Business Advice' in the forum. yesterday

I have been to one of these parties and bought 2 handbags that were just a cute as they could be. Face book would be a good place to advertise your wares for local people. When you deal with ebay and itsy, you also have to deal with shipping. What about putting them in some local boutiques in your area and offer a small commission to the owner?

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Lexie replied to the topic 'Hacked' in the forum. yesterday

So glad everything turned out well for you Nuovocapitolo. I really should keep a check on my score as well. I did try to use my debit card online once to purchase something. My bank saw that it was not normal for me to do so. They immediately registered it as fraud, cancelled my card and issued me a new one. Needless to say, I didn't get the item but was pleased to see the bank was monitoring so closely.

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Wanderer replied to the topic 'Odd' in the forum. yesterday

Appreciate the heads up and the "how to handle" ...

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Goldbug replied to the topic 'Financial crisis' in the forum. yesterday

Sorry to hear you are going through this. It will take family to pull together to deal with it. One thing that helps is being organised, so make a schedule. Set aside a few hours a day for job hunting, a few for seeking assistance and funding, some time for selling off whatever goods you can (eBay and Amazon can help you make a few quick dollars), and make sure nothing gets forgotten. If you can get a job, any job, it will do a lot to lift you out of trouble. Good luck!

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Goldbug replied to the topic 'Odd' in the forum. yesterday

I've never heard of having two files, but I have actually had my account combined with someone else's. There was a blip on my experian score, and when I pulled my full report it came back loads of pages longer than it should have been. The guy lived at an address I'd left two years before, so I sent experian a formal letter stating there was no association between us, and they got the files split. It took about three months. All you can do to stop this is check regularly.

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Goldbug replied to the topic 'website' in the forum. yesterday

I got my last role by looking through company sites and applying directly. Indeed.com is good, but I found LinkedIn wasn't great for jobhunting unless I already know the people who were looking. Contacts tend to ignore friends-of-friends-of-friends.

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Moneyes replied to the topic 'website' in the forum. yesterday

I was prompted to start a LinkedIn account a few months back and I haven't had any luck with it so far. A friend told me that she was able to find a ton of jobs this way, but I don't see how that's possible.

By networking. Linkedin is an electronic version of the old word-of-mouth method of finding work. Typically, people who have a LinkedIn account only associate with people in their line of work.

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Moneyes replied to the topic 'Business bankruptcy' in the forum. yesterday

Personal finances have nothing to do with a business bankruptcy. The bankruptcy court appoints a trustee to, among other things, liquidate the assets of the company in order to pay off the debts of the business.

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I never understood lines of credit or credit period until I was 27 years old. Sad.... I know but hopefully I can get on track and feel good about... Show more

FrugalFran created a new topic ' Business bankruptcy' in the forum. 2 days ago

I was wondering if someone here could elaborate on what is involved with and what happens when a business bankruptcy is filed. If the business is a corporation, does that help to keep the bankruptcy separate from personal finances?

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FrugalFran replied to the topic 'Credit Karma' in the forum. 2 days ago

Goldbug wrote:

I keep hearing people talk about this but it looks too good to be true, I mean free credit and it does your tax for free? I'm tempted because it looks so helpful but I guess I'm worried about spam, since they say they get paid for suggesting loans & products to users. Do they send a lot of these suggestions?

I haven't noticed an increase in emails, but now that you mention it, my husband and I have been getting a lot more automated phone calls and mail offers since we signed up for Credit Karma. I didn't realize the source of it, but now it makes perfect sense.

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Breakinger replied to the topic 'Financial Screensaver' in the forum. 2 days ago

Excel is definitely the way to go. That is what I use when I'm budgeting my finances or other things. As for creating a screensaver out of it, I never thought of doing that. That's the perfect idea for someone who wants to be reminded of how they are doing with their budget. How often do you plan on updating your screensaver information?

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Breakinger replied to the topic 'Credit Karma' in the forum. 2 days ago

I keep seeing commercials for their free tax return service too. I'm sure that it's only for people who file the 1040-EZ form and don't have a ton of deductions. I've noticed a lot of places are doing this now. As for loan suggestions, there are a few, but I've never had a problem with any of them being spam related.

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Goldbug replied to the topic 'Credit Karma' in the forum. 2 days ago

I keep hearing people talk about this but it looks too good to be true, I mean free credit and it does your tax for free? I'm tempted because it looks so helpful but I guess I'm worried about spam, since they say they get paid for suggesting loans & products to users. Do they send a lot of these suggestions?

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Lexie replied to the topic 'Bankruptcy or proposal?' in the forum. 3 days ago

I'm not familiar with consumer proposal. How does it differ from bankruptcy? I am also a victim of BK13. It does follow you for 7 years and you have to be very careful on all fronts. My credit rating has finally regained momentum and all is well. Do consult a lawyer and do thorough research before you decide. Seeing this is an older post, what did you do? Please share.

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Lexie replied to the topic '529 College savings plan' in the forum. 3 days ago

That is a good question Breakinger. A 529 is much like a 401K except there are no taxes upon withdrawal if used for higher education. Straight from the horses mouth I found this quote: " Withdrawals not made for qualified higher education expenses carry a 10% federal penalty on earnings unless the child receives a full scholarship, becomes disabled, or passes away." You could also roll it over into another state plan without penalty.

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