Credit Spread - How To Lose Your ENTIRE Trading Account Quickly

By Ted Nino

The credit spread option strategy is one of the most popular option strategies available to traders. Unfortunately, it is also possibly the most dangerous.

See here's the deal: when a new fresh faced option trader first hears of this trading strategy - he or she becomes so enamored with it that they just can't seem to help but jump right into trading them - risking way too much money - and without much thought of what they are going to do if the trade starts to go wrong.

And usually what winds up happening is that the market promptly snaps off their arms and legs, then smacks them across the face with them, then starts to jab them repeatedly in the eyes. In other words - they wind up getting really hurt.

Now stop.

Let me explain something here before you start to get the wrong impression.

I absolutely LOVE credit spreads. ALOT. In fact, the credit spread is right up there as one of my favorite trading strategies.

I think that the credit spread really IS a great trade.

And yes, I absolutely believe all those stories and claims you hear swirling around about credit spreads generating ten percent plus monthly returns and providing trades that have the probability of winning somewhere in the range of eighty to ninety percent. In fact, I KNOW those stories are true because I see it happen all the time in my very own trading account.

Here is the problem: All those fresh, green and excited new option traders have no idea what they don't know. This trading options for income thing is like an alien planet - with a whole new set of rules inside a brand new reality. And when the person who has introduced them to this new way of trading just tells them about the good but forgets to tell them about the bad - they wind up jumping in with way too much confidence, misunderstanding, and expectations that are completely wrong.

Yes it's true that credit spreads and iron condors can be put on with an eighty to ninety percent probability of winning. And yes it's true that they can generate returns of over ten percent a month. BUT - they also come with a dangerous risk to reward ratio that can be in the range of ten to one.

That means that while trading these trades you are putting at risk 10 bucks for the chance to make just 1. Or - in reality, in the instance of say a standard ten lot index iron condor, you are risking ten thousand dollars for the chance to make just one thousand dollars.

And as my mammy used to say - that risk to reward ratio is 'an awful bad egg'. In fact, it's an honest to goodness stinking rotten deal.

Just do the math. With a risk to reward like that, even with the great probabilities and wonderful monthly returns - before long a problem month could come along and completely wipe out your entire account!

Nevertheless...

All isn't lost. There IS hope...

As I mentioned earlier - I really do LOVE trading the credit spread strategy.

Over the last ten years it's been extremely profitable for me.

So apparently, even with that atrocious risk to reward quandary, there must be a method to generate consistent income with this trade.

And there absolutely is.

It's all in how you manage the trade.

As soon as you discover the 'right way' to place these trades initially - and then how to properly go about managing and adjusting them - that risk to reward dilemma instantly vanishes and goes away.

Once you possess the correct credit spread trading knowledge and know how - and understand how to apply a couple super easy to implement adjustment tricks - you'll know exactly how to exterminate any problematic market threat that comes your way, allowing you to experience the http://www.creditspread.org strategy for all that it's 'actually' cracked up to be.

About the Author:

Ted is an option selling lunatic - in particular enthusiastic about trading the option butterfly spread. Visit his vertical spread strategy Website to be taught more about his Trouble-free Paint By The Numbers Plan for trading the weeklys for consistent profits.

Maintaining Your Sensibilities When Searching For A New Home

By Tara Millar

There are various things that could change your mind whenever you are searching for a new house, but try not to get carried away.

It's extremely very easy to enter a house and fall in love with it. It's thoroughly clean, furnished correctly and your dream. Nonetheless so many home owners start tracking down flaws with the residences in just weeks of moving in.

As an example, the stunning two story home with a lovely master suite deck has been wonderful, until you brought soiled clothes down and clean garments up the stairs.

The entire newness of a property may divert your attention. There are certain things you ought to take into consideration.

You want to find out if the household furniture will fit in the home in a practical layout. A lot of residences are created in a way that furnishings will only be positioned in one way. And in most cases, that style leaves the TV in a peculiar location. Or your household furniture might not even squeeze in the door. This is an important element to bear in mind, since you likely do not possess the funds to go out and buy new furniture.

You should also ensure that your growing or shrinking or re-growing family is going to fit in the house. If you are a new couple, having ample rooms at this time can help save a move with young children in the future. Believe me; relocating with young children isn't as easy as it would seem. And babies will not make it any simpler.

If your kids are setting out to leave the home, you could contemplate buying a smaller residence. Or you may not. Does your entire family continually meet for holiday seasons? Are you going to not just have to have your children and their partners in, but also your grandchildren? How frequent do they visit? When contemplating the dimension of a property, start thinking about each of the future needs of your family members.

Look into the expenditure of the additional items. For instance, a swimming pool or perhaps a spa tub is a fantastic addition to a property, then again have you considered the hundreds (or thousands) it may run you to preserve the equipment.

At all times check out the spot of a home. Certainly, you might enjoy the country appeal of the property; nonetheless think about when you demand abdominal comfort at three at dawn? Is a store within reach or 30 minutes away?

Our brand new home is our true vision, featuring a stunning historical grain silo that is used as a landmark for the Air Force, commercial airlines and flight schools in this particular section of the state. Not a tremendous problem all the time, nonetheless a little distinct. Consider that there's a chance you're near a medical facility, flight terminal, traffic area or railway when thinking about the address of a house.

The more little things you think of, the more likely you are going to be happy with the new house. All of us have several weeks of discovery; nevertheless before you realize it, that new home will quickly seem like your dream home again.

Create a listing of your requisites along when you shop around and check out all the scenarios. Good Luck.

About the Author:

Another great article by Winnipeg Homes. This article, Maintaining Your Sensibilities When Searching For A New Home has free reprint rights.

Basic Guide in Acquiring a Domestic Helper Visa

By Alice Sy

Getting a domestic helper visa should be a relatively hassle-free process just as long as you are dealing with the right manpower agency or office. It is important for every applicant to know the entire process as well as the basic requirements in getting a visa to work as a domestic helper abroad. The applicant must be willing to submit to the screening process required by the agency. In most cases, the applicants have to undergo a rigorous screening to determine if they are suitable for the job.

In order to get a visa to work abroad, the agency or recruiter will normally interview all applicants and see if they are able to meet all the requirements and to determine if their qualifications pass their standards. A medical examination is also necessary to ensure that the applicants are physically fit to handle the demands of the job of a domestic helper.

All applicants are also required to submit police clearances or other documents to prove that they do not have any pending criminal records. Sometimes, recommendation or clearance from the previous employer may be required or checked by the agency.

Aside from a domestic helper visa, other legal documents that are needed to be able to work in another country as a housemaid or domestic helper are valid passport and a work contract with your employer. The visa is issued by the country where you intend to work and the contract is prepared by your employer in accordance with the manpower agency and duly notified in the country where you will be working.

The manpower agency or recruiter handling your application is responsible in guiding you throughout the entire application process until such time that your domestic helper visa is issued. Make sure to clarify all your concerns prior to signing documents such as an employment contract.

About the Author:

Visit the top domestic helper agency Hong Kong and see the free profiles and photos of applicants and contact us for the fastest way to hire your live-in maid, nanny, domestic helper, housekeeper, caregiver, driver, gardener and much more.. This article, Basic Guide in Acquiring a Domestic Helper Visa is available for free reprint.

Lessons Gained From The Turnaround King

By Denise Gosnell

I hardly ever watch television, but I recently watched a show called "The Turnaround King" and it grabbed my attention. The show focuses on providing help to businesses to come out of a slump and thrive.

In a specific segment of the broadcast, there was a fitness center that was losing revenue, and was almost to the point where it was going to close its doors unless something changed, and fast! So the expert consultant came up with a plan for the fitness center to put into practice immediately.

Here's what they developed. To get as many individuals as they could to come into the facility for a tour, they developed a direct mail campaign using post cards that were sent to every individual residing within a 20-mile radius of the fitness center.

They included a 7-day free trial membership for those individuals who could make a basket in their gym within 2 shots. They also increased their prices on memberships and required a longer-term commitment. They basically made all of their staff into sales people. And finally, they began selling t-shirts and other items to all the new members as part of the sign-up process.

And what was the outcome? The fitness center increased its sales by over thirty percent within 2 months! That's amazing.

Let's breakdown the lessons that can be learned from that example.

Lesson #1 - The Secret To Increasing Sales (Traffic + Conversion)

For any business, the secret formula to increasing sales is:

Traffic + Conversion = Sales

Meaning, you have to get traffic, i.e., people, coming to your store or visiting your web site. In the Turnaround King example, they accomplished this by mailing out the post cards to everyone living within a 20-mile radius of the fitness center.

Some other ways you can increase traffic for your business is by running pay per click advertisements, networking in your community, participating in forums and blogs, taking advantage of the giant marketplaces like Amazon and eBay, etc.

In fact, there are dozens, if not hundreds of different ways to increase the traffic that comes to your site and/or store. We cover them in more detail in our BizMarketing product (and more comprehensive BizFast Product).

In addition to traffic, you also need to get more of those visitors to buy from you. The Turnaround King did this by adding the trial membership, raising the membership prices, and adding more sales people.

There are several other ways you can increase your conversions too. You can improve your sales pitch so that it resonates better with your ideal customer and makes them want to buy from you. You can add bonuses or incentives to make your offer irresistible. You can also add a stronger money back guarantee.

But here is the critical point: If you improve both your traffic and conversion numbers, then you WILL have an increase in sales. It is a mathematical fact.

In fact, many businesses can do just one or the other and see a significant increase in sales. For example, if you already have a high closing/conversion ratio, then simply getting more visitors to your site and/or store will increase your sales dramatically.

Or, if you already have tons of visitors, but aren't making a lot of sales, you can simply increase the amount of closes/conversions that you get so that you make more money from the visitors you already have.

But if you really want to super-charge your sales, increase both the traffic and conversion numbers. And you WILL see an increase in sales - guaranteed. Again, it's a mathematical certainty.

Lesson #2 - Increase the Value of Each Customer

The other key ingredient to increasing your overall company revenue is to increase the lifetime value of each customer. In other words, you want to generate as much revenue as possible from each and every customer.

In the Turnaround King example, they did this by adding long-term contracts, so that they would keep each customer longer. They also offered t-shirts and other items that were sold to new members when they joined the club, and that existing members could also purchase.

Whether you have a physical store or an online business, there are numerous ways that you can increase the lifetime value of each customer.

Here are just a few examples:

- Offer related items to customers when they are making their initial purchase (upsells and downsells)

- Put a related offer at the bottom of each customer receipt

- Send promotions to your existing customers, such as discount coupons or other offers for related or additional products that you offer

You can also increase the value of each customer by either increasing your prices, or reducing your costs for selling the item to that customer.

We cover dozens of ways that you can increase the value of each customer and grow your sales in our Business Profit Explosion Report that comes as a bonus to our BizMarketing and BizFast programs.

Lesson #3 - Always Look For Opportunities To Improve Your Processes

You should always be looking for ways to improve your company processes to make it easier for customers to buy from you, and to help increase your sales.

In the Turnaround King example, they trained each staff member on how to handle at least certain parts of the new memberships. Before, there were only a few people who could handle memberships, and prospective members were forced to wait a long time for a membership advisor, and many left because they didn't want to wait.

There is always something you can do to make each employee capable of moving the sale along, even if it isn't his or her job.

Lesson #4 - Combine These Strategies Together For Maximum Results

Take a moment to analyze your business and brainstorm on several ways that you can increase the amount of traffic that you receive. What advertising channels can you add to get more exposure?

Then, analyze your current sales process and identify several ways that you can make your closes/conversions higher so that you get more sales from those people who consider your offerings. Can you add some bonuses to make your offer more compelling? What about a better guarantee?

Next, analyze some ways that you can increase the value of each customer that you have. What related items can you offer them? How can you increase the amount of profit that you generate from each encounter?

If you take the time to go through this process and actually implement those changes, you will be amazed at the improvements you will see in your business. And any time you feel unhappy with your sales, re-visit this process and start all over again.

About the Author:

To learn more about business growth and marketing, download my free "Business Thrival Blueprint". BusinessThrival.com is a site dedicated to helping business owners achieve a thriving business and life.

Real Estate Fundamentals

By Tara Millar

Real estate is irrefutably one of the best businesses that one could enter if you need to shape your wealth. Other than the information that real estate rarely depreciates in value, it also doesn't want too much maintenance on your side. Conversely, you still ought to confirm that you're going to be hiring a professional every time you will be paying for a property so as to be certain that you will discover the perfect deals possible. Even though not nearly all properties depreciate, some people are selling them for a far higher price, resulting to your loss.

The profitability of a home can be evaluated in diverse methods, and if you want to do well in real estate business, it's essential to be certain that you have someone in your team who has the capability to evaluate these cost-effective properties. You also need to determine if you are likely to sell the property at a lot higher price, get it rented or leased by other people, or have it repaired for superior profit production. These items ought to be taken into account each time if you need to warrant your triumph in this business.

Even when you are not going to obtain a real estate property to cause more money, you still require to ensure that you will be consulting a professional if you want to find the perfect property for you. The vast majority of us see that we need a home with a view to live; nevertheless, a lot of us have no idea the kind of house that we want. Using the support of an expert, you will manage to locate something that is ideal for your wishes plus your budget. You will also manage to find the best offers in line with your criteria's, which will assist you to keep more money.

If you are going to appoint a specialist, you will be ready to save yourself from all the troubles, since the agent has solutions to unearth the real market value of the property. With their support, you will be capable of acquire properties at their actual value, as well as below the market value. Several will even look for the property that you require. All you are required to complete is to provide them the qualifications that you need for a property, and they're going to set up trying to find the one that agrees your requirements and the budget that you have allocated.

Subsequently before you launch seeking a real estate property that you should buy, whether you do it for business or for yourself, you might want to be sure that you will be appointing someone who can point you through the process. Apart from saying to you the items, which are required to be made aware about it, he may even work on the documents, which are required to ensure that you'll possess the complete ownership of the property without having troubles. The best part about it is that you will be saved from all the troubles that you may run into each time you are searching for a property that you can acquire.

About the Author:

Another great article by Winnipeg Realtors. This article, Real Estate Fundamentals is released under a creative commons attribution license.

Single Mother Financial Aid

By Bill Johnson

Quite a few have discovered it is extremely troublesome for single moms to support their loved ones and cover the cost of college and that's why making use of these grants for single moms undeniably a very important consideration. While there isn't a unique Pell Grant simply for single moms, many single mothers are eligible thanks to the fact they fulfill the low-income measures of the grant.

The grant is a federally financed grant that is provided through the department of education and does not be repaid. For 2011 the highest level could be paid out per student is $5,550. The amount of money presented is distributed contingent on economical need criteria determined by congress and submitted by way of the candidate when submitting the Free Application for Federal Student Aid (FAFSA) form. Subsequently after filing out the FAFSA form, a student will receive a Student Aid Report (SAR) which both tells the individual if they are eligible for a Federal Pell Grant, and provides the student's (EFC) Expected Family Contribution.

Federal Pell Grants are grants provided straight via schools to students with economical need. They're either paid to the student's account at the school or given to each student straight. These methods might be combined together. A student must acquire payment at minimum, once per term (semester, trimester, or quarter).

The Pell Grant for single mothers also requires recipients to be signed up no less than full or part-time for undergraduate study, and really should do so by way of one of the 5,400 participating schools.

It is quite obvious The requirement for single mother grants and scholarships to pursue higher education is great, and single moms should be encouraged to seek this level of achievement. It will help their loved ones to be better off financially in the long run and offer a more well-rounded home situation for the kids.

About the Author:

Want to find out more about scholarships for single mothers, then visit Christine Lauren's site on how to choose the best grants for single mothers for your needs.

Rising debt, shrinking economy and the threat of a recession

By Ian Spence

With the state of the economy currently as it is, a recession is more than just a likely threat, it is a very real, looming eventuality. And most businesses face the dreaded slump during a recession. At a time of severe budget cuts, it is the government that faces the need to reclaim unpaid debts. Yet, debt recovery is perhaps the most notoriously difficult occupation during times of recession. There are many more challenges as the people crippled by the recession cannot repay debts due to various commitments: student loans, mortgages, rent and so on. There are, however, ways to cope with the additional challenges and hurdles.

The numbers are looking good. The Office for National Statistics reported that since December, public spending excluding the bailout fell to 13.708bn well below the forecast of 14.9bn making the total fiscal year's borrowing 103.289bn, which is 11bn than the previous year.

The government should be on track to meet its goal cut in borrowings at 127bn down from 137.6bn the previous year. The Office for Budget Responsibility, an independent body that provides fiscal forecasts for the government has also indicated that it expects the targets to be achieved.

So far, so good. Unfortunately, while these results are encouraging on paper, but there are a lot of issues that might only show up as problems a few months later or might threaten the progress the Chancellor has been making in balancing the books.

Private Sector Involvement There needs to be a streamlining of data gathering , to improve identification and prevention of identity fraud and to ensure a higher rate of debt recovery. There is some consideration towards involvement of the private sector before choosing a direction to take. There is also a need to discuss the possible benefits of joint public and private sector endeavours.

Debt recovery is a strategic business. It involves coming up with a suitable payment plans for debtors while keeping in mind the conditions imposed on them by the recession. An ideal policy would streamline the recovery process and keep the costs low.

About the Author:

Ian Spence writes articles on behalf of Ferratum who provide payday loans.