What Is This Secret Weapon For Winning In The Markets

The answer is a simple one.... The professional traders secret weapon
is "Money Management". I hope that answer doesn't disappoint you
because it is so straight forward, and yet very few people use money
management to it's full potential. In fact most people don't use any
money management at all.
Before I explain what exactly is money management and how it is the
one thing that professionals use without fail. Let me first say it's
not your fault!
Millions of traders and investors have no idea how to approach the
stock market from a professional point of view. Average Joe's like you
and I, that had to learn the hard way that the stock market was not a
place for the inexperienced trader.
What are you to do? Well you can either continue losing money in the
markets and spend hundreds even thousands of dollars on trading Guru's
and ridiculous software that still won't solve the problem or you can
learn the simple, powerful secrets that the pros use to trade and make
incredible returns!
Here's the truth...
Magic software and stock tip advisory services do little to educate
you on how to actually trade. The fact is if you want to be successful
in the stock market you need to learn how to trade!.... sounds easy
right!
But trading is a huge complex topic and you are bombarded with tons of
information on how to read fundamentals, learn technical patterns,
Fibonacci, Elliot Wave Theory, super software, buy green sell red
indicators, business news, Gurus screaming at you through the TV.
ENOUGH ALREADY!!
No wonder people are CONFUSED when it comes to trading in the stock
market. You get blasted by information everyday, but no one takes the
time to explain any of it and how you can use it to benefit you! Until
now!
In my journey as a trader and a brokerage representative I have come
across hundreds if not thousands of people who simply have no idea how
to manage their stock portfolios.
Many people have financial planners or advisors who blissfully put
their clients in Mutual funds and tell them to hang on for the ride.
These poor souls continue to struggle and lose their hard earned money
in the markets without any plan or roadmap to guide them!

Credit Card Fraud

Must read it.

 

Always keep your CREDIT CARD in sight, when you give it for swiping......





The accused (left) used a card-reader (right) to transfer the data
On to a PC for making a duplicate credit card

They Would Make Duplicates Of Credit Cards Used By Customers At A Juhu Hotel
TIMES NEWS NETWORK

Mumbai: The next time you decide to use your credit card on a shopping trip, think again. The Mumbai police have busted a hitech credit card fraud which they believe is the crime of the future.

Four gadget-savvy youngsters from Andheri, two of them software engineers, got together to earn a quick buck and ended up ripping off over Rs 3 lakh of citizens' money. The foursome were arrested by the Juhu police on Tuesday. Interestingly, one of the boys was all set to leave for the United State s for a job in a wellplaced computer firm ..
According to the police, the mastermind of the gang is 19-year-old Leo Paul . A second-year engineering student at a Bandra college, Paul had read about a magnetic card-reading device which could store data once you swipe a card through it. Data from at least 12 such cards could be stored at a time. Paul realised that if credit cards were swiped though the machine, the personal data of a customer stored on it could be accessed. He then teamed with Akash Kamble , a 19-year-old Lokhandwala resident, and ordered the card-reader from USA , using the Internet, since it's not available in India ..

'The boys befriended a waiter at Kings International hotel at Juhu to take their plan ahead. Every time someone ate a meal in the hotel and paid by credit card, the waiter would discreetly swipe it through the magnetic card-reader, which is no more than 6-inches long and can be stored in the pocket,'' said investigating officer
Ramesh Nangare.

Once the waiter was done, he would hand over the device to Paul who would download the data from the cards on to Kamble's personal computer. The duo would then feed the data into blank cards, available in the grey market. The cards were now ready to be used in
Shopping malls and theatres, or to withdraw money from an ATM.

Senior inspector Pradeep S hinde said that the boys forged information from more than 22 cards in this manner. The fraud came to light after officials from HSBC bank complained to the police. The cops quizzed customers whose cards had been duplicated and discovered they had all visited Hotel Kings International and paid by credit card. Investigators then caught the waiter who led them to the four youngsters. Paul , Kamble and the two other collegians identified as Manoj Chauhan (24) and Mahesh Valani (20), have been remanded to police custody.

NEW-AGE CRIME

A portable magnetic cardreader can store data from around a dozen cards tha t have been swiped through it; made in China, the device was bought on the net for Rs 18,000.

The card-reader is connected to a computer and the entire data is transferred there.

The data is then stored in blank cards available in the grey market..

These duplicate cards can now be used to buy a fortune and also withdraw money from ATMs.