Markets & After hours

[DSM]

Scammers targeting your retirement funds - Self-directed IRAs are becoming a risky business

http://www.marketwatch.com/story/scammers-targeting-your-retirement-funds-2013-10-23

(To what level will people stoop to make money? - From what is happening, there is no level which is too low. Can an investor trust an 'investment advisor' when the advisor has a vested interest in earning a commission as a part of your investment proceeds, while you take the risk.? While this article is about the US market - it is just a cautionary advise to be absolutely certain and verify from independent sources when 'investment advise' is offered (at all times) and especially when it pertains to retirement funds)

Excerpt
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The North American Securities Administrators Association (NASAA) reports that scam artists pitching self-directed IRAs is now among the top 10 threats facing investors today. To be sure, self-directed IRAs can be a safe way to invest retirement funds, NASAA said in release. But investors should be mindful of potential fraudulent schemes when considering a self-directed IRA.

NASAA is warning investors “fraud promoters pushing a Ponzi scheme or other investment fraud can misrepresent the responsibilities of self-directed IRA custodians in order to deceive investors into believing that their investments are legitimate or protected against losses.”

 

[toocool]

:::::::::::::: अपील :::::::::::::

आप सभी से आग्रह करता हूँ कि दीपावली का समय है, सभी लोग खरीदारियों में जुटे हैं,

ऐसे समय सड़क किनारे धंधा करने वाले इन छोटे- छोटे लोगों से मोलभाव न करें…।

मिट्टी के दीपक, लक्ष्मी जी के पाने,खील- बताशे, झाड़ू, रंगोली (सफ़ेद या रंगीन), रंगीन पन्नियाँ इत्यादि बेचने वालों से क्या मोलभाव करना??

जब हम टाटा-बिरला-अंबानी-भारती के किसी भी उत्पाद में मोलभाव नहीं करते
(कर ही नहीं सकते), तो दीपावली के समय चार पैसे कमाने की उम्मीद में बैठे इन रेहड़ी- खोमचे-ठेले वालों से "कठोर मोलभाव" करना एक प्रकार का अन्याय ही है..उसे यह बेचकर कोई शापिंग माल नही बनाना है सिरफ अपने परिवार के लिए कुछ पेसे इकट्ठे करने है ताकि वो लोग भी दीपावली मना सकें

सहमत है तो सभी को जागरुक करें,...

 

[DSM]

TC, Wonderful post. Just reminded me of yesterday's incident when I went to purchase some veggies at the market from a street vendor. This is what happened.

A lady came and asked the price for qtr. kgs. of beans, and haggled for the price. After the beans were weighed, she took a few additional beans from the vendor and put it in her bag. Then she paid the money for the beans. When the vendor was busy with another customer, she took 2-3 beetroots and slipped it in her bag and went away without paying. The thought that came to my mind is that this lady is a thief (even if it was a small amount - maybe about 6-8 bucks) as she put the extra beetroot when the street vendor was not looking....

:::::::::::::: अपील :::::::::::::

आप सभी से आग्रह करता हूँ कि दीपावली का समय है, सभी लोग खरीदारियों में जुटे हैं,

ऐसे समय सड़क किनारे धंधा करने वाले इन छोटे- छोटे लोगों से मोलभाव न करें…।

मिट्टी के दीपक, लक्ष्मी जी के पाने,खील- बताशे, झाड़ू, रंगोली (सफ़ेद या रंगीन), रंगीन पन्नियाँ इत्यादि बेचने वालों से क्या मोलभाव करना??

जब हम टाटा-बिरला-अंबानी-भारती के किसी भी उत्पाद में मोलभाव नहीं करते
(कर ही नहीं सकते), तो दीपावली के समय चार पैसे कमाने की उम्मीद में बैठे इन रेहड़ी- खोमचे-ठेले वालों से "कठोर मोलभाव" करना एक प्रकार का अन्याय ही है..उसे यह बेचकर कोई शापिंग माल नही बनाना है सिरफ अपने परिवार के लिए कुछ पेसे इकट्ठे करने है ताकि वो लोग भी दीपावली मना सकें

सहमत है तो सभी को जागरुक करें,...

 

[narayan78]

 

[DSM]

Acceptance......

 

[DSM]

The world is full of obvious things which nobody by any chance ever observes - Sherlock Holmes, in "The Hound of the Baskervilles"

 

[avny]

Just a few observations regards to the posted chart :

1. Things become clear AFTER as to what should have been done.
2. Trading in different timeframes can muddle the mind - Today there were two trends in smaller TF. However in the larger TF - the market was within a range.
3. Trading understanding the 'why' of the trade along with signal can help avoid whipsaws and frustration.
4. It's preferable to analyse the range to buy/sell after a big move, as the market cannot trend continuously.
5. An additional filter from a range break is required to get a good swing trade.
6. Better to get down a set of written rules to define range and breakout....

DSM,
kindly read "ytc priceaction trader" by Lance beggs,if u have not already read
all above doubts and many more will be cleared

thanks

 

[DSM]

Thanks Avny, Have not read the mentioned book. Will check it out.... Much appreciated and Thanks again.

DSM,
kindly read "ytc priceaction trader" by Lance beggs,if u have not already read
all above doubts and many more will be cleared

thanks

 

[avny]

Thanks Avny, Have not read the mentioned book. Will check it out.... Much appreciated and Thanks again.

here is the link

** remove spaces

http://www. 4shared .com/account/home.jsp#dir=dO5gbnCo

 

[DSM]

Thank you so much Avny.... God bless you.

here is the link

** remove spaces

http://www. 4shared .com/account/home.jsp#dir=dO5gbnCo