Trick or Treat!!! Trading Concepts Offers Some Treats of Wisdom That May Have Helped The Obamacare Team Avoid Disaster

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Not all folks will be able to keep their current health insurance with Obamacare, according to yesterday’s ABC News report “Keep Your Coverage under Obamacare: Fact or Fantasy?” Trading Concepts responds with words of wisdom.

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Honesty is always the best policy, especially when you are leading a large group of people toward a goal.

According to ABC News, White House Spokesperson Jay Carney said yesterday, “If you had a plan on the individual market and you liked it and you like it and you’ve kept it, you can keep it forever as long as your insurer offers it.” However, it is necessary to read between the lines. Trading Concepts notes that the key phrase here is “as long as your insurer offers it.”

Todd Mitchell, Trading Concepts, Inc. CEO stated, “Perhaps it took some time to uncover all the government’s healthcare plan’s requirements and details." Formerly President Obama said “If you like your plan, you can keep your plan.” The problem is, due to Obamacare (also known as The Affordable Care Act), the rules have changed for insurance companies. According to ABC News, some insurance companies can no longer offer some of their basic policies to consumers, as the policies don’t meet the Affordable Care Act requirements for coverage. This is leaving some folks without their previously affordable insurance option. They may have no other choice but to enroll in Obamacare for health insurance.

Trading Concepts CEO Todd Mitchell says that in his business of trading the markets, “honesty is always the best policy, especially when you are leading a large group of people toward a goal, but you first must know exactly what you are working with. However, being able to apologize is refreshing, and we are starting to see this from the government with respect to the rollout of Obamacare.”

“It’s too bad that it’s turning out that some people will not be able to keep their current health insurance plan,” Mitchell sympathizes. He encourages folks with individual health care policies to call their insurance company for clarification on their personal policy.

One of the building blocks to Mitchell’s company, Trading Concepts, Inc. is honesty. Trading Concepts is a trading education company. Trading articles are posted regularly on the company's website. Many articles, although geared toward people who trade the markets, can be helpful to almost anyone.

One article, titled “20 Phrases of Wisdom,” could have helped prevent the disappointment some are experiencing due to the rollout of Obamacare. If only the government had read (and applied) these two nuggets of wisdom from Mitchell’s list:

  • Truth stands the test of time; lies are soon exposed.
  • Steady plodding brings prosperity; hasty speculation brings poverty.

Yes, it’s true, hindsight is 20/20. But it may not be too late for our government to turn things around. They still have time to follow these nuggets of wisdom from Mitchell’s article (and doing so could possibly even prevent another potential shutdown):

  • The intelligent are always open to new ideas; in fact they look for them.
  • Fools think they need no advice, but ‘the wise’ listen to others.

Mitchell does not claim to be a political expert; he’s simply a successful entrepreneur who built his business on solid principles. To view the full article “20 Phrases of Wisdom,” please see

To view the ABC article "Keep Your Coverage under Obamacare: Fact or Fantasy," please see

About Todd Mitchell:

Todd Mitchell has been involved with the markets since 1988. His training success has been tied to consistently developing and improving his trading approach based upon the use of bar charts. Todd Mitchell’s entire approach to trading is to be honest and straightforward. Todd’s love for the markets and his love for teaching echoes throughout all of his work. Todd is founder and CEO of Trading Concepts, Inc.

About Trading Concepts Inc.:

Founded in 1994, Trading Concepts quickly established a reputation as one of the industry’s finest educational companies in the world. As one of the oldest, most respected trading education companies in the industry, they are proud to have mentored over 10,000 traders in Forex, E-mini futures, Options and Stock Trading, bringing them powerful trading strategies and money management techniques that have previously only been available to professional traders.

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Todd Mitchell
Trading Concepts
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