Roulette Strategy: How To Locate One That Works For You

The most played casino games is roulette considering the fact that it is the most exciting betting games. Gamers does not only wish to enjoy but win bets as well. Because of this, the best roulette strategy that you may find here is wanted by a lot of gamers to assist them win. On the other hand, strategies might not be efficient as roulette is a game that depends on your good fortune. To get the best roulette strategy for you, begin to see the things to consider below.
Think about Using the Method Yourself
There are tons of roulette strategies on the net, for example at http://how.wheretoplayroulette.com site. Trying the method yourself will assist you evaluate if it is effective or otherwise not. Using this, you have to try using the tactic in an actual game. Nobody else can advise you that such strategy is most effective but yourself. You have to understand that the effectiveness of the techniques may vary from one person to another that is why you have to choose what you think is right for you.
Never Think about Too Good To Be True Roulette Strategy On the Web
Different websites over the internet offers numerous roulette strategy, having said that, its not all can offer you an effective one. As a matter of fact, some of these sites attracts gamers with the idea of offering best roulette strategy ever. Truth is, this could never happen as your chances of winning in roulette will depend on your good fortune. Of course it will give you greater chances of winning but it doesn’t mean you’ll never lose.
Select An Actual Roulette As Well As Online
How it could make your hunt for a roulette strategy to win different? You should consider this during your search. Each and every type of strategy could vary its effectiveness, some are perfect for online betting while others are fantastic for a real roulette. Moreover, an actual casino might have rules that don’t apply in online gaming, so you should become aware of these rules in order to find the most effective strategy for you.
Think about What Level you’re in When It Comes to Playing Roulette
As you go search for your roulette strategy, always take into account the level of expertise you have for the game. Numerous roulette strategy can either be utilised by expert or newbies, so better be mindful which fits you best. Always go by the rules to be able to enjoy and win the game.
You’ll certainly have a totally new level of amusement and luxuriate in winning once you acquire the best roulette strategy over the above factors. There are numerous strategies that you could find but ensure you find the right one and benefit from it.
Have the hype of the game as you profit from the roulette strategy you’re employing. You’ll definitely find the game more interesting and entertaining once you are fortunate enough and keep on winning.

Understanding Fundamental and Technical Analysis in Forex Trading

Understanding Fundamental and Technical Analysis in Forex Trading

To become a successful Forex trader you need to understand how to analyze the market. Market analysis in case of Forex Trading is usually done in two different ways. These are Fundamental Analysis and Technical Analysis. So what really is fundamental analysis and what is technical analysis? Let us understand what these terms mean and how can one use these techniques to trade in a better manner.

Fundamental Analysis: Fundamental analysis deals with analyzing the economic, social and political position of a nation as a whole to determine the value of its currency and to determine whether the currency’s value will rise in the near future or whether it will fall down. The main principle behind this is that if the economy of a nation is doing very well then its currency would also do well. Certainly the value of a currency of a nation which is having a growth rate of 10 % per year would be better than the value of a currency of a nation whose progress is very slow. Similarly the currency of a developed nation will have higher stability than that of a developing nation. Fundamental Analysis basically means that a good economy leads to higher currency value and a bad economy leads to a lower currency value.
Technical Analysis: Technical analysis deals with Forex Trading at the root or basic level. Technical analysis is the study of the price movement of a currency pair.By this we mean that in Technical analysis we analyze the price of a currency pair with respect to time and find out the change in the value of a currency pair over a certain interval in order to ascertain which is the best currency pair to invest in and at what time should the investment be made. One of the most important thing that one must learn or try to interpret is trend. A trend is a situation when the value of a pair is either falling or rising constantly. A trend can earn you money in forex trading. If you are able to find a trend and follow then you would surely gain from it. So it is important to find out trends and follow them to earn a profit.

From the above discussion we can conclude that Forex Trading has two aspects that need to be understood in order to gain an advantage over other investors as well as the market. Complete understanding of Fundamental and Technical analysis techniques can help you earn a continuing profit in the Forex Market.

Trading Analysis of Stocks Successful Results Revealed

Trading Analysis of Stocks Successful Results Revealed

Trading Analysis of stocks employs different tools and models to give investors and traders the best edge. The 2 principal tools employed are Technical and Fundamental Analysis.

The market activities of the last decade provide a good look at the merits of Technical VS Fundamental Analysis.

The Dow Jones Industrial Average started the decade of year 2000 at 10, 937.74, saw a high of 14,198.10, crashed to a low of 6,469.95 on March 2, 2009, partially recovered from its low and ended the decade at 10,572.02.

Similarly, the S&P 500 Index started the decade at 1,394.46 saw a high of 1,576.09 and ended the decade at 1,136.52.

The NASDAQ Composite Index fared not better. It started the decade at 3,961.07, saw a high of 4,696.69 and ended the decade at 2,308.71.

What a ride! Many people who panicked and got out at the bottom suffered huge losses. They also lost double because inflation did not follow the pattern of the Dow; it increased.

Those whose Trading Analysis of stocks was based on Fundamental Analysis were hurt miserably. Investors who were buying and holding securities over that period saw their portfolios shrink.

Even worse were those who panicked and got out when the market bottomed in early 2009 thereby suffering and turning huge paper losses into actual loses before the market recovered partially from the bottom.

The rebound off the bottom is actually astounding – over 60% in many cases as of this writing.

For younger investors, as painful as this was, they have time on their side to play catch up. However, older investors, especially those nearing retirement saw their 401Ks and other retirement vehicles crash and badly damaged putting their retirement income in jeopardy.

Was there a way to sidestep this market collapse, especially in the final years of the decade? Yes there was! Doing a stock trends analysis or pattern analysis of stock prices and movement would have given a clue.

Proponents of Technical Analysis ride the Trend whether the Trend is going up or down and get in or get out at Support or Resistance.

Technicians following the trend would actually have made money going down and on the way back up.

It will be worthwhile to point out some of the main differences between Fundamental Analysis and Technical Analysis.

1. Fundamental Analysis focuses on:
A. Macro Economic Factors

Supply and Demand
Other Market Data

B. Company Specific data like

Valuations including Ratios of Price/Earnings(P/E), Price/Sales, Price/Book, PEG Ratio
Profitability: Gross Profit Margin, Operating Margin, Net Profit Margin
Growth Rates: EPS and Revenue
Financial Strength: Total Debt/Total Capital, Quick Ratio
Effectiveness: Return on Equity, Return On Assets, Return On Investment

2. Technical Analysis

Price action
Chart patterns
Volume, stochastic analysis and open interest
Human Psychology

Fundamental Analysis is very important and it predicts the long term direction of the stock. However, it has a serious flaw. It usually works with a lag. It is also difficult, even impossible perhaps, to tell when it will be driven by it’s fundamentals. The eminent Economist John Maynard Keynes put it best when he said that markets can remain irrational far longer than people can stay solvent.

Technical Analysis on the other hand offers an immediate clue as to the stock’s direction which is signaled by the behavior of the stock price. Technicians also believe that all the fundamentals of the stock are baked into the price anyway and just studying the price pattern will also justify the fundamentals.

Although there might be some credence to that, what is even more important is the fact that Technical Analysis has so many followers and users all of whom are observing the same Trends, Support and Resistance and they behave the same way based on the same observations.

In Trading Analysis of stocks, technical stock market analysis provides the rationale that makes Trends, Support and Resistance ultra important. They are self fulfilling particularly Support and Resistance Levels especially when they occur at nice round numbers.

This is because many traders do the same things at the same time resulting in a herd mentality thus confirming these Support and Resistance Levels. So if you can identify these points, you can benefit immensely.

Hence the reasons for big bounces off Support and Resistance. To get a step ahead, many professionals try to preempt some of these events.

Trading Analysis provides different but effective trading strategies depending on ones psychological make up.

To learn more about Trading Analysis, GO TO stock-trading-guru.com/technical-analysis.html [http://www.stock-trading-guru.com/technical-analysis.html] for more detailed information.

Winston has extensive knowledge and proficiency in the Financial Markets. He started trading in the Commodities Market since the mid 1990’s and has since become very active in the Stock Market.

Technical Analysis For the Advanced Options Trader

Technical Analysis For the Advanced Options Trader

Technical analysis often plays a large part in the determination to enter or exit stock trades in the short and intermediate term. It can also play a part in determining entry and exit of long option trades (buying calls or puts). What about using technical analysis in determining entries and exits of more complex options strategies such as vertical spreads, calendar spreads, iron condors and diagonal spreads? In this article, I want to specifically address the use of technical analysis in advanced options trading.

The problem with technical analysis

Even the best market technicians can only tell you what is likely to happen. This isn’t the fault of technical analysis (TA for short) or in the practitioners of it. It is simply a fact that must be reckoned with. TA is much more like checking the direction of the wind than a predictor of which way it will blow tomorrow.

While TA may be able to tell you what is likely to occur or what is going on at the moment, it can’t tell you your probability of success in a trade. There has been some work to quantify the accuracy of different technical indicators, particularly in the area of chart patterns, but that still doesn’t help with the analysis of the trade itself.

One other danger of technical analysis is the temptation to pile on a bunch of indicators in the hope that it will somehow give us additional insight or edge in trading. I’m not saying the employment of stochastics, MACD, Bollinger bands and the like aren’t important but their use in the overall trading strategy must be understood.

Technical analysis must also be correlated to a timeframe to be effective. In other words, you must know the timeframe you are working in. Is it short term (days), very short term (intra-day), medium term (weeks) or long term (months). To be effective, you must understand the timeframes involved in the options trade and ensure that technical analysis is done for the same timeframes.

Don’t get me wrong, I’m not against using TA for advanced options trading. In fact I’m a firm believer and practitioner of it. However, it is important to realize the limitations as well the benefits and uses. In fact, let’s take a look at some of the benefits.

The benefits of technical analysis

Technical analysis can be used to time an entry or trigger an exit. I often use basic support and resistance levels to do just that. In fact, I believe the combination of TA to time an entry combined with probability analysis for choosing my position actually improves my overall success. Also, when I have a clear support or resistance level that can be used as an indicator that my initial analysis was wrong, I often exit a trade earlier keeping more of my money for another trade.

One other area of TA I find beneficial is in determining overall market outlook. Remembering that timeframe is important, I often use TA to determine what the medium term trend is. This can help me determine what kinds of trade strategies to best employ over the coming weeks.

I’m sure there are other very successful options traders who have found additional uses for TA. In fact, I’m sure there are as many ways to incorporate technical analysis as there are strategies to use them on. That’s what makes trading so interesting. In fact, networking with other successful traders can be an important factor in determining your own trading style.

Knowing how and when to use technical analysis

Ultimately, the determination of how and when to use technical analysis is up to the trader and the trading plan(s) they are using. Understanding the limitations as well as the benefits of technical analysis is a great start. From there, experiment with different approaches using some form of paper trading until a clear strategy emerges.

It’s best to start with basic support and resistance analysis. Keep it simple. Use only the indicators that you are comfortable with and that help in making basic trading decisions. Ultimately though, you as a trader must make that decision to enter or exit the trade based on your evaluation of all the factors.

Putting it all together

In concluding this article, I wanted to provide 4 key tips in using technical analysis for advanced options trading.

Determine what technical analysis tools will be used. It’s easy to be distracted by all the indicators that exist. Paper trade and experiment but start simple. Support and resistance should be your first and primary indicators. Everything else should simply be confirming indicators. Don’t have so many indicators that they drive you to indecision.
Determine timeframes you will use for your technical analysis. Make sure the TA tools used are consistent with the timeframe you are trading. Most advanced options strategies last weeks to months. Make sure the timeframe analyzed is the same.
Put your strategy for technical analysis in your trading plan. Once you decide how and when to use TA, make sure that it becomes part of your trading plan for each strategy employed by writing it in. Having a written trading plan you can look at frequently is a great help to being consistent with that strategy and consistently using TA according to your plan.
Stay flexible. Remember TA isn’t an exact science but more of an art. As you practice, you’ll get better. Remember also that the outlook at one point in time can change in a matter of days. Be prepared to change your outlook if the technical indicators warrant it. However, don’t let small changes drive you to flip-flop in your trades. Continue to take trades for sound reasons and exit for sound reasons.

There is a lot of great information on technical analysis out there. I’ve summarized some of the basic techniques on the TA page of my website at http://www.success-with-options.com/technical-analysis.html. In addition covering how I use TA in my trading there, I’ve included references to some great sites. Be sure to check it out.

Remember to investigate, plan, experiment (with paper trading) and implement technical analysis into your options trading strategies. It can seem like a slow process of getting there but the confidence and consistency you achieve in your trading will be well worth it.

Data Mining and Financial Data Analysis

Data Mining and Financial Data Analysis

Introduction:

Most marketers understand the value of collecting financial data, but also realize the challenges of leveraging this knowledge to create intelligent, proactive pathways back to the customer. Data mining – technologies and techniques for recognizing and tracking patterns within data – helps businesses sift through layers of seemingly unrelated data for meaningful relationships, where they can anticipate, rather than simply react to, customer needs as well as financial need. In this accessible introduction, we provides a business and technological overview of data mining and outlines how, along with sound business processes and complementary technologies, data mining can reinforce and redefine for financial analysis.

Objective:

1. The main objective of mining techniques is to discuss how customized data mining tools should be developed for financial data analysis.

2. Usage pattern, in terms of the purpose can be categories as per the need for financial analysis.

3. Develop a tool for financial analysis through data mining techniques.

Data mining:

Data mining is the procedure for extracting or mining knowledge for the large quantity of data or we can say data mining is “knowledge mining for data” or also we can say Knowledge Discovery in Database (KDD). Means data mining is : data collection , database creation, data management, data analysis and understanding.

There are some steps in the process of knowledge discovery in database, such as

1. Data cleaning. (To remove nose and inconsistent data)

2. Data integration. (Where multiple data source may be combined.)

3. Data selection. (Where data relevant to the analysis task are retrieved from the database.)

4. Data transformation. (Where data are transformed or consolidated into forms appropriate for mining by performing summary or aggregation operations, for instance)

5. Data mining. (An essential process where intelligent methods are applied in order to extract data patterns.)

6. Pattern evaluation. (To identify the truly interesting patterns representing knowledge based on some interesting measures.)

7. Knowledge presentation.(Where visualization and knowledge representation techniques are used to present the mined knowledge to the user.)

Data Warehouse:

A data warehouse is a repository of information collected from multiple sources, stored under a unified schema and which usually resides at a single site.

Text:

Most of the banks and financial institutions offer a wide verity of banking services such as checking, savings, business and individual customer transactions, credit and investment services like mutual funds etc. Some also offer insurance services and stock investment services.

There are different types of analysis available, but in this case we want to give one analysis known as “Evolution Analysis”.

Data evolution analysis is used for the object whose behavior changes over time. Although this may include characterization, discrimination, association, classification, or clustering of time related data, means we can say this evolution analysis is done through the time series data analysis, sequence or periodicity pattern matching and similarity based data analysis.

Data collect from banking and financial sectors are often relatively complete, reliable and high quality, which gives the facility for analysis and data mining. Here we discuss few cases such as,

Eg, 1. Suppose we have stock market data of the last few years available. And we would like to invest in shares of best companies. A data mining study of stock exchange data may identify stock evolution regularities for overall stocks and for the stocks of particular companies. Such regularities may help predict future trends in stock market prices, contributing our decision making regarding stock investments.

Eg, 2. One may like to view the debt and revenue change by month, by region and by other factors along with minimum, maximum, total, average, and other statistical information. Data ware houses, give the facility for comparative analysis and outlier analysis all are play important roles in financial data analysis and mining.

Eg, 3. Loan payment prediction and customer credit analysis are critical to the business of the bank. There are many factors can strongly influence loan payment performance and customer credit rating. Data mining may help identify important factors and eliminate irrelevant one.

Factors related to the risk of loan payments like term of the loan, debt ratio, payment to income ratio, credit history and many more. The banks than decide whose profile shows relatively low risks according to the critical factor analysis.

We can perform the task faster and create a more sophisticated presentation with financial analysis software. These products condense complex data analyses into easy-to-understand graphic presentations. And there’s a bonus: Such software can vault our practice to a more advanced business consulting level and help we attract new clients.

To help us find a program that best fits our needs-and our budget-we examined some of the leading packages that represent, by vendors’ estimates, more than 90% of the market. Although all the packages are marketed as financial analysis software, they don’t all perform every function needed for full-spectrum analyses. It should allow us to provide a unique service to clients.

The Products:

ACCPAC CFO (Comprehensive Financial Optimizer) is designed for small and medium-size enterprises and can help make business-planning decisions by modeling the impact of various options. This is accomplished by demonstrating the what-if outcomes of small changes. A roll forward feature prepares budgets or forecast reports in minutes. The program also generates a financial scorecard of key financial information and indicators.

Customized Financial Analysis by BizBench provides financial benchmarking to determine how a company compares to others in its industry by using the Risk Management Association (RMA) database. It also highlights key ratios that need improvement and year-to-year trend analysis. A unique function, Back Calculation, calculates the profit targets or the appropriate asset base to support existing sales and profitability. Its DuPont Model Analysis demonstrates how each ratio affects return on equity.

Financial Analysis CS reviews and compares a client’s financial position with business peers or industry standards. It also can compare multiple locations of a single business to determine which are most profitable. Users who subscribe to the RMA option can integrate with Financial Analysis CS, which then lets them provide aggregated financial indicators of peers or industry standards, showing clients how their businesses compare.

iLumen regularly collects a client’s financial information to provide ongoing analysis. It also provides benchmarking information, comparing the client’s financial performance with industry peers. The system is Web-based and can monitor a client’s performance on a monthly, quarterly and annual basis. The network can upload a trial balance file directly from any accounting software program and provide charts, graphs and ratios that demonstrate a company’s performance for the period. Analysis tools are viewed through customized dashboards.

PlanGuru by New Horizon Technologies can generate client-ready integrated balance sheets, income statements and cash-flow statements. The program includes tools for analyzing data, making projections, forecasting and budgeting. It also supports multiple resulting scenarios. The system can calculate up to 21 financial ratios as well as the breakeven point. PlanGuru uses a spreadsheet-style interface and wizards that guide users through data entry. It can import from Excel, QuickBooks, Peachtree and plain text files. It comes in professional and consultant editions. An add-on, called the Business Analyzer, calculates benchmarks.

ProfitCents by Sageworks is Web-based, so it requires no software or updates. It integrates with QuickBooks, CCH, Caseware, Creative Solutions and Best Software applications. It also provides a wide variety of businesses analyses for nonprofits and sole proprietorships. The company offers free consulting, training and customer support. It’s also available in Spanish.

ProfitSystem fx Profit Driver by CCH Tax and Accounting provides a wide range of financial diagnostics and analytics. It provides data in spreadsheet form and can calculate benchmarking against industry standards. The program can track up to 40 periods.

Finding an Accounting App to Suit Your Business

Finding an Accounting App to Suit Your Business

Cloud computing is the product of innovation in technology that has changed the working environment altogether. Gone are the days when one has to be physically present in the workplace. The application should have adapted to times and be providing this feature – otherwise, the advantages associated with it like collaboration with other co-workers, security and disaster recovery, among others cannot be reaped. This makes online accounting possible.

The app should be mobile friendly as well as operable in multiple operating systems. A business cannot be expected to be run in a single platform. Rather, with cloud computing, various devices can be used for administration purposes as well as for other purposes. Therefore, cross-platform compatibility is a must. The interface should be conducive for the operation of the application. This includes easy to use home page, a search bar and tabbed interface. In addition, customizable feature should be present so that the business can include its own theme in invoices.

Security of data generated on the course of business should be guaranteed by the application. Business should not be worried about the vulnerability of data – from natural calamities or cyber-crimes. Integration especially with banking system is a desirable feature because this way the transactions of business to the vendors and from the customers becomes quicker. Also, payment of the amount that has been calculated from the transaction can be made with a few clicks and the accuracy can be ascertained.

Acceptance of checks, credit cards, debit cards and PayPal as well as direct deposits from the customers will result in them being happy – the ultimate target of any business. This is another feature which is a must because every mode of payment feasible should be incorporated. Reports that are generated should be exportable in PDF format so that printing is made easy. The reports should also be able to be generated on demand of the business.help menu and manual should be provided to the businesses so that normal problems can be solved by going through those menu and manual.

Continuous improvements and updates should be another feature so that latest threats are addressed as well as ensuring its compatibility matched with the latest available hardware. Pricing of the application should be charged on the basis of the features that have been used – the number of transactions, depending on the turnover of inventory, or the number of employees, payroll calculation purposes, as the maximum limit for example. This will make it affordable to small businesses.

Free trial assists in deciding whether the app meets the demand of the business. While some may need it for lotto inventory, other may need fuel inventory to be tracked. The user should be allowed to familiarize oneself before making sure whether or not to stick with it in the long-run.

Cash for Your Annuity Payments

Cash for Your Annuity Payments

Getting the cash to pay for your son’s college, or to pay for your new house is something you can’t simply ignore. While you can apply for a loan, often times the interest may not be very favorable for you and you end up paying more than the amount you borrowed. However, if you are a recipient of an annuity payment, selling a part or the whole of the payments may be enough to answer for your immediate financial needs. In fact, most annuity recipients sell annuity for this reason.

While it is true that you can find several annuity buyers that are interested in buying your annuity payments for lump sum of cash, not all will be willing to pay most cash for your annuities. So it is best that you carefully choose to whom you’ll sell your annuity. There a few steps you need to follow to sell annuity for most cash.

Do Research

The first step you need to do is to make at least a short research about your annuity payments. Does the agreement you signed allows you to sell annuity payments or transfer your rights to a third party? Does it require court order so you can sell your annuity? How much does your annuity cost? It is best that you also consult your lawyer, or your financial adviser when deciding whether it is favorable for you to sell your annuity or not.

Ask for Quotes

To help you find the best annuity payments buyer (the one who is willing to pay most cash for your payments) you need to have an idea how much will they pay for your annuity by asking for their quotes. You can either personally visit them at their office, or call their business line, or you can visit their online website. Either ways, you can secure the quotes you need to better decide on the matter.

Analyze

Choosing the highest bid does not end the process. You also need to verify if they will be charging you with other fees in connection with the sale of your annuity. Some annuity buyers would usually offer huge amount of cash for it only to find out that they have to deduct from that amount the fees needed for the processing of the sale of your annuity. Compare the fees and the amount these annuity buyers offer you. Consulting your lawyer or financial adviser will be very helpful in this stage. Once you have cleared and compared everything only then you’ll finally sell annuity payments.

How Do Annuities Work

How Do Annuities Work

The term “annuity” basically refers to an arrangement that is made between two parties. One of these parties is generally an individual, who gives a sum of money, called the premium, in periodic payments or a lump sum, to the second party, which is often an insurance company. In return, the second party gives a steady stream of payment to the first party over a specified period of time that is stated in the arrangement.

Annuities consist of long term products and are a very straight forward approach to funding your future. However, before purchasing, it’s important for you to have a good understanding of what you’re buying.

There are two major kinds of annuity agreements. The first, called annuity certain, specifies the certain period for payment. For example, suppose you pay a certain amount of money to an insurance company for a twenty year annuity. You make an agreement whereby monthly payments are sent out along with a percentage growth, over the period of annuity. You will be a paid a specified amount of money, every month, till the arrangement comes to end.

The second type, called the life annuity, is most commonly employed by people who have retirement savings in mind. In this agreement, you pay a lump sum to the insurance company and they pay the money back to you at a specified amount every year for the rest of your life. Life annuities, when done in conjunction with a charity or a nonprofit organization, can offer extra tax benefits.

Among the many things you need to know about investing in an annuity is that it has mainly two types of balances that are running simultaneously. The first balance is your account value, also known as the contract value. This refers to the amount of money available to you at any given instance of time. It depends largely on the performance of the investments within the annuity that are also known as sub accounts.

The second one is the benefit base or the income base which is considered more as a hypothetical account. It is used to represent the amount of money that determines the annual guaranteed income one can draw from the annuity.

It is important to be aware of the differences between these two as sometimes you will come across variable annuities surrounding a guaranteed return that apply only to the income base and not to the actual account value. Income value is not the amount you can cash out. The only balance that you can withdraw when needed is your account value which may or may not be higher than your income base.

From time to time the insurance company will compare your account value with the income base. This, in most cases, is done on the anniversary date of the contract. If your account value turns out to be greater than your income base, then the insurance company will increase the benefit base such that it will be equal to the account value.

What Is A Secondary Market Annuity

What Is A Secondary Market Annuity

The term secondary market annuity or SMA in short refers to an in force, period certain payment stream. The term secondary market is used to differentiate these existing payment streams from primary market period certain annuities.

While there are payments in the marketplace that originate in lottery prizes and individually owned annuities. It’s important to clarify that most secondary market annuity transactions stem from structured settlement compensation. In example legal claims for personal injury or medical malpractice. It’s also important to note that these transactions have nothing to do with life settlements. Life settlements make bets on actuarial tables, but the secondary market annuities discussed here are period certain guaranteed receivables.

So, what are structured settlement annuities?

The majority of SMA’s in short are guaranteed payment streams backed by period certain annuities. These SMA’s are from major carriers that currently pay compensation for damages, injuries, or legal claims.

When an injured party elects to take their award as a structured settlement over time, U.S. tax code IRC 130 allows the plaintiff to receive their compensation free from income tax. By opting for a structured settlement over time rather than a lump sum, the plaintiff can receive both the award and the earnings of that award without tax liability.

Defendants typically use a qualified settlement fund or other vehicle to shift compensation for the injured party to a major carrier in a tax qualified manner. Defendants then generally purchase a life policy with period certain annuity to fund the specific payments due under the settlement. The qualified fund or an affiliated entity of the defendant is the annuity owner, and the plaintiff is the payee.

Structured settlements are a useful tool in the legal system that help provide for minors, help injured people support themselves if they are not able to work, and help reduce reliance on public support systems.

However, times change and often, payee’s under a settlement have a need for cash. As the payee’s are not the owners of the annuity, their payments are not convertible directly with the carriers into cash. Sellers of payments turn to factoring companies to purchase some or all of their future payments for cash today, and must accept a discount rate for those future payments.

Why the high yield?

When sellers sell at a discount, a secondary market annuity is created that offers the new recipient a higher-than-market rate of return. Buyers of secondary market annuities can receive yields 1 percent to 4 percent higher than comparable primary market, period certain annuities of similar credit quality.

Technical Analysis Futures Trading

Technical Analysis Futures Trading

Some people may wonder if technical analysis futures trading is the same regardless of the market that you are trading. Well, at first, the answer may seem like it is. After all, most technical analysis is predicated on data derived from a contract. However, there are at least a couple of differences between doing technical analysis on the futures market and any other market that may be considered.

Futures are traded in contracts which relate to a specific grade and amount of the item the futures contract represents. And, this is deliverable at some time in the future as determined by the month of the contract.

This is very different from trading a stock. We know that the stock of a company represents the equity of the company. But, we have no idea what it really represents other than the dollar value of the share.

Technical Analysis for Futures

That being said, does this mean that we can’t use the same type of technical analysis on futures as any other market? After all, so many technical analysis futures trading platforms deliver the same indicators as could be used for stocks or Forex. But, that would imply that there is something similar among the markets, right?

Well, fortunately there is one basic underlying premise to all of these markets (futures, stocks and Forex) that is similar. People come together for the sole reason of buying or selling something. And, the value of what is traded can be determined with absolute certainty at any time.

Since this is the case (and as a basis for our technical analysis futures trading decision), we can create a price chart based on the actions of the people participating in these markets at any point in time. So, the question may become, why would the actions of these traders be important enough for us to chart?

Well, if the underlying catalysts that causes these markets to move can be found in the actions of the people who participate in them, then we can begin to rationalize that is what these people do that will either cause the value of the item being traded to rise or fall. And, while we can’t really tell what these people are thinking, we can definitely tell what they are doing.

This is the cornerstone of technical analysis for me. One of the best ways to connect the psychology of the market to the fluctuations of the price chart, in my opinion, is a method called the Elliott Wave. I have studied this for years and would never trade without it.

While there isn’t any magic bullet in trading, implementing the Elliott Wave in my trading has allowed me to trade with the market trend rather than fight it. And, as result of this, I find that I am more able to manage my emotions in my trading.