Forex Auto Trading

Online Stock Trading Strategies ? Follow them Properly

2008-10-12T20:25:00.000-07:00

Online Stock Trading Strategies ? Follow them Properly

By: David Jose

Trading in stocks is becoming very popular and more and more people are getting into online stock trading. Stock trading involves buying and selling stocks in the stock market. Here you try to buy stocks at low price and sell them at high prices later on and retain the profits. But to be successful in this market, you need to adopt certain online stock trading strategies.

Stock markets are run and governed by various factors. Religious, political, financial, and social factors immensely influence which way the stock market will go. The mercurial nature of these markets warrants that you exhibit patience and carefulness. Never be in a hurry to get rich in one day. That will be like living in a fool's paradise.

Always buy stocks of reputed blue chip companies who have great standing in the market and have very strong track records. Don't get duped by fly-by-night companies that enter the market on a regular basis to deceive unsuspecting traders and run away with their hard earned money.

The Internet has made online stock trading a lot easier and convenient. A click of a mouse button can help you buy stocks that you are interested in or sell the ones that you think can give you profits. One of the most important online stock trading strategies is to hire a broker that is reputed and trustworthy. Always check his or her background and track record. Check how long he or she has been associated with the stock market and whether he or she has made any defaults in the market.

If online stock trading strategies are followed properly, then you can derive huge benefits from them. Among various online stock trading strategies, one strategy that standouts is to hedge your position when trading online. Hedging is a kind of insurance against negative sentiments of the market. Hedging is used to mitigate stock market risks by strategically dealing in financial instruments to set off the losses that may incur due to any unexpected price movement.

As part of online stock trading strategies, you should show patience and discipline while dealing in stocks online. That is one of the most basic online stock trading strategies.

This article written by David Jose is on online stock trading strategies. David Jose has been a avert writer on various online trading communities. His work has been published in several places across the web. At present David Jose is contributing towards making MTP a well known and popular online trading community.

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Automated Forex Trading System - A Free System For Big Consistent Gains!

2008-10-06T23:49:00.000-07:00

Automated Forex Trading System - A Free System For Big Consistent Gains!

By: Kelly Price

There are a lot of automated forex trading systems to choose from and here we are you going to give you a simple free robot that has made millions over the years for disciplined savvy traders and you can use it too...

Firstly, most of the automated forex trading systems you see heavily promoted on line are junk - they come with paper, back tested simulations and have never even been traded. They rely on hyped clever marketing to get sales but they don't work and the trader loses his equity.

The one we are going to look at here is very simple but that doesn't mean it doesn't make big gains, it does and it will continue to do so.

Before we look at why it works, lets just look at the rule of the system and it only has one - making it one of the simplest automated forex trading systems you can get.

Buy a new 4 week calendar high is price then, look to sell a new 4 calendar low, then do the same in reverse i.e. buy the next 4 week high and maintain a position in the market at all times.

That's it - and while it's simple (you can do the calculation in your head - it works. So why is it so effective?

- It's a breakout system and most major moves start from new highs or lows, so this system will get you in on all the big trends.

- It will get you in on all the major trends and a glance at a forex chart, will show you the big trends last for many weeks, months or years

- The rule is objective and you can simply follow it, you dont need to think its automatic.

Another great advantage of this forex robot is it takes very little time to operate, just 15 minutes a day.

It was actually devised in the late seventies, by well known trader Richard Donchian and has been used by traders all around the world ever since.

Many traders though wont use it despite the fact it's so profitable and here are the main reasons:

- For some reason traders think complex systems work better but they don't, simple systems are more robust and the above is simplicity itself.

- It's not a flavour of the month method, like a system based on Chaos theory or artificial intelligence.

- Its not fussy about picking tops and bottoms - you cant predict these of course but traders like to try and lose.

- Its not mystical, people love ridiculous theories such as Gann, Elliot Wave and Fibonacci despite the fact they have not found the order in the market they claim.

A Quick Way to Seek Big Gains

In forex trading to make money you don't need to be complicated and you don't need to put in lots of time, this is a myth. The effort you put into your forex trading strategy has no influence on the amount of money you will make.

A System Which Works and Will Continue to Work

The aim of trading for the serious trader is based upon the money he puts in his pocket. If you are serious about making money this system is simple, logical, is easy to understand, works and will continue to work, as long as markets trend and I don't think that's ever going to change!

If you want to make money take a look at this free automated forex trading system and you will be surprised at just how much money it can make you in around 15 minutes day.

Simple absolutely - but it makes big long term gains and if that appeals to you, check this forex robot out and you maybe glad you did.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's and more on the best FREE Automated Forex Trading System and an exclusive risk free Currency trading Course visit our website.

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How Does the Stock Market Work ?

2008-10-06T23:47:00.000-07:00

How Does the Stock Market Work ?

By: Leo Cheung

"How does the Stock Market Work?" Back to the basic before you start investing in the stock market you have to understand the stock market "How does the stock market work?" The answer to this question is simple. Companies go public by offering a specific number of shares in their company to the public through the stock exchange. Investors then can use the stock exchange to buy and sell stocks of companies that they are interested in. While this basic description of how the stock market works is adequate enough to understand what the stock market is, to get a better understanding of how it actually works it will be important to learn about some of the terms that are commonly used when discussing the stock exchange including stock prices and market capitalization.

The stock market appears in the news every day. You hear about it any time it reaches a new high or a new low, and you also hear about it daily in statements like "The Dow Jones Industrial Average rose 2 percent today, with advances leading declines by a margin of..."

Obviously, stocks and the stock market are important, but you may find that you know very little about them. What is a stock? What is a stock market? Why do we need a stock market? Where does the stock come from to begin with, and why do people want to buy and sell it? If you have questions like these, then this article will open your eyes to a whole new world!

Determining Value Let's say that you want to start a business, and you decide to open a restaurant. You go out and buy a building, buy all the kitchen equipment, tables and chairs that you need, buy your supplies and hire your cooks, servers, etc. You advertise and open your doors.

Let's say that:

* You spend $1500,000 buying the building and the equipment. * In the first year, spend $300,000 on supplies, food and the payroll for your employees. * At the end of your first year, you add up all of the money you have received from customers and find that your total income is $800,000.

Since you have made $800,000 and paid out the $300,000 for expenses, your net profit is:

$800,000 (income) - $300,000 (expense) = $50,000 (profit)

At the end of the second year, you bring in $325,000 and your expenses remain the same, for a net profit of $75,000. At this point, you decide that you want to sell the business. What is it worth?

One way to look at it is to say that the business is "worth" $500,000. If you close the restaurant, you can sell the building, the equipment and everything else and get $500,000. This is a simplification, of course -- the building probably went up in value, and the equipment went down because it is now used. Let's just say that things balance out to $500,000. This is the asset value, or book value, of the business -- the value of all of the business's assets if you sold them outright today.

But what if you keep it going? Read on to find out. http://www.stockpreacher.com

This information is provide by http://www.stockpreacher.com which teach you about how to make money fast on the stock market and give the free stock tips everyday on which stock you buy. Sign up at www.stockpreacher.com for free stock tips

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Forex Trading, an alternative to shares.

2008-09-05T05:35:00.001-07:00

Forex Trading, an alternative to shares.

By: Jan Nordvall

The market The currency trading FOREX market is the biggest and fastest growing market on earth. Its daily turnover is 3 trillion dollars. The participants in this market are banks, organizations, investors and private individuals, just like you.

Forex, is the foreign exchange market. Online and offline you will find references to the forex market as FX as well. Forex trading takes place through a broker or a financial institution often where you are able to purchase other types of stocks, bonds and investments.

When you are thinking about getting involved in the forex markets you should know you are sending money to be invested with other countries. This is done to prop up the investments of people involved in certain types of hedge funds, and in the markets overseas. The forex market could have your money invested in one market one day, and the next day your money is invested in another country.

The daily changes are determined by your broker or financial institution. When reading your statements and learning more about your account, you will find that every type of currency has three letters that will represent that currency.

For example, the United States dollars is USD, the Japanese yen is JPY, and the British pound sterling will read as GBP. You will also find that for every transaction on your account listing you will see information that looks like this: JPYzzz/GBPzzz.

This means that you took your Japanese yen money and invested it into something in the British pound market. You will find many transactions from one currency to another if you have money that is scattered through out the forex markets.

Forex markets trading by investment management firms are the companies you can trust with your money. You want to find a company that has been dealing with forex trading since the early seventies, and not someone just new on the block so you get the most for your hard earned money. It is important that you beware of companies that are popping up online, and often times from foreign countries that are stating they can get you involved in the forex markets and trading. Read the fine print, and know whom you are dealing with for the best possible protection.

If you are interested in trading on the forex market, you will find limits for investing are different from company to company. Often times you will learn that you need a minimum of $250 or $500 while other companies will need $1000 or $10,000. The company you are dealing with will set limits in how much you need to open an account with their company.

The scams that are online will tell you, that you only need a $1 or $5 to open an account, but you need to learn more about that company and where they are doing business before investing any money, this is for your own protection while dealing in forex trading and markets online.

Leverage.

In Forex leverage trading, a small margin deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum. For example, Forex brokers offer 200 to 1 leverage, which means that a $50 dollar margin deposit would enable a trader to buy or sell $10,000 worth of currencies. Similarly, with $500 dollars, one could trade with $100,000 dollars and so on. But leverage is a double-edged sword. Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

Traders must remember that in forex, leverage is a double-edged sword: while it can multiply your gain potential exponentially, it can equally magnify your loss potential. We therefore recommend that traders new to the forex market start trading with small leverage options. We recommend that all investors first are trying Forex demo account.

Read more if how man registers on Forex, you can register you on a demo account first it is free with no obligation. Take the time to do the demo, download and try it out first. eng http://www.leverage-trading.com sv http://www.forex.leverage-trading.com

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Forex Education = Forex Success

2008-09-05T05:35:00.000-07:00

Forex Education = Forex Success

By: Mk Chin

In the world of Forex, only one rule is unchangeable…

That is, only someone who knows the trend and the going-on of the foreign exchange market can have the benefits of having high return rates and income and have the chance to attain success in the lucrative market of Forex.

It is no surprise to find that a growing number of people these days are keen to participate in the world's largest and most liquid financial market and a market which is essentially open for trading twenty-four hours a day. Many people have become very rich through trading in the forex market and it has allowed a lot of individuals to replace their day jobs and enjoy the comfort of working from home a few hours a week. It has also made quite a few millionaires!

If you enter the world of real time forex trading without the necessary knowledge and skill then you are almost guaranteed to lose money. However, if you take the time to learn what you are doing before you start trading with your own hard earned money then you will go a very long way towards minimizing your risks and maximizing your earnings potential.

Some have carefully studied the foreign exchange market over the years, had their forex tutorial and have planned their investments according to predicted changes. The shrewdest of investors have profited immensely, as they were able to learn the market, see disaster coming and knew exactly what to do in order to minimize their losses. Of course, learning all of these financial aspects would involve a solid Forex education.

Though Forex is a very lucrative market, where everybody can make forex money, all must bear in mind that it is not like a one day millionaire, where money will flow overnight. IF you want all things to be as fast as you can, you must think twice. Stop for a while and have Forex Training first before battling in the real world of forex.

Forex training will be your first step to success. Not only that, it will be your foundation in every trade you made and whenever you are lost, you can always count on your former knowledge about forex. Forex education brings the knowledge of professionals into your personal trading. Forex training helps you know where to enter a currency based on the direction it is taking and how to forecast that direction. Forex Training allows you to learn how to trade currencies with or without a coach. As you trade, your Forex training can truly help you become the master of your money.

Forex training sessions are designed to give new and experienced traders all the necessary tools to start buying and selling currencies in the Forex market. Forex training program would not only be for beginners who want to learn how to start day trading, but also for more experienced traders who already had some stock or futures trading experience. Forex training will help you succeed in your currency trading as you learn to trade the Forex like a pro.

Have you ever desired to learn more about Forex trade and forex finance but weren't sure how to get started? Don’t worry because there is a lot of Forex Training available around. But you must choose carefully, your Forex Training and Education is your primary key to succeed in Forex. If you want to be sure of hat you are learning, take a look at BestForexTraining.com and you will see the how can you have the best forex education.

While Forex may not mean much to the average consumer, in actuality everything we know in commerce is affected by Forex. Only someone who understand the right forex education can benefit with the lucrative market of forex. So, don’t be left out!! MK Chin (MBA), a full time Forex Trader and Investor can give you the most effective forex tutorial on how to trade better with forex and achieve better return rates. Visit http://www.TheBestForexTraining.com and start forex training today.

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Best Trading System - This One is Simple, Free, Works and Makes Consistent Long Term Profits

2008-09-03T01:05:00.000-07:00

Best Trading System - This One is Simple, Free, Works and Makes Consistent Long Term Profits.

By: Monica Hendrix

If you are looking for a trading system to seek long term profits with then consider the one enclosed its simple, it's free and has made millions in the markets for savvy traders for over 25 years. Here we will outline the rules and why it works and will continue to work.

The system was devised in the late seventies by famous trader Richard Donchian and was originally applied to the commodity markets, although it works on any trending market.

Currencies trend well, so it's very popular and effective on these markets.

The system is simplicity itself and the rule is revealed in its name - The 4 Week Rule

The trading system maintains a constant position in the market and works in the following way.

Cover short positions and buy long whenever the price exceeds highs of the four preceding full calendar weeks. Then liquidate long positions and sell short whenever the price falls under the lows of the four preceding full calendar weeks.

Why It Works

While the system is simple, don't think it won't make money, it will and has for years and many of the worlds top traders Incorporate it in there trading.

This system will beat 95% or more of the trading systems sold on the net as it's been traded real time and works, while most robots sold are simply simulations that are back tested.

Here are 4 major advantages of the system.

1. This system is based on sound technical principles with signals that are mechanical and totally objective.

2. It is a long term trend-following system so our trader is virtually guaranteed to be on the right side of every major trend and currencies are one of the best trending markets.

3. It us based on the known fact that most major trends start from new market highs or lows and also follows the well quoted "let profits run, while cutting losses short".

4. This system can be traded with or without the aid of a computer and it will only take 20 minutes a day or less to run so is very time effective.

What are the Weaknesses of the System?

All systems have a weakness and this one does to and that's when markets don't trend it can generate "false" or losing signals and here you can add a filter to smooth the drawdown.

Simply exit on a one or two week high or low and go flat and then wait for the next 4 week signal to trigger a long or short position.

It Will Work and Continue to Work

As a trading system for long term gains though it really is a great robust system which will never go out of date and will continue to catch and hold long term trends. As long as currency markets trend this system will continue to pile up gains long term.

Simple? Yes it is but test it and you will see how much money it makes and while other systems come and go with glossy packages and hyped advertising, this one still remains a favorite of the serious forex trader, who is looking for a simple, robust, trading system which produces results, year after year.

Check out the 4 Week Rule and you will see just how powerful this simple system is.

FREE! 4 Week Rule PDF + More on System Trading

For free infopack and free research and more get your FREE 4 Week Rule PDF visit our website at: http://www.forextrendfollowing.com/.

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Top 4 challenges facing option buyers

2008-08-26T23:13:00.001-07:00

Top 4 challenges facing option buyers

By: Shaun Rosenberg

There are 4 top challenges facing option buyers in the stock market. Anyone looking to gain long term success with options should have these questions answered before they use them.

1. Time decay. When you buy an option there is both time value and intrinsic value in that option price. Intrinsic value moves the option based on the price of the stock. Time value goes down slowly as the option price gets closer to expiration. Because of this an option buyer needs to have the intrinsic value go up faster than the time value to make any money.

If they intrinsic value doesn’t go up fast enough have this the stock could do what they wanted it to do and they still lose money. The best way to combat this problem is to buy more time value. If you have an option 3 months out the time value will decay at a much slower rate than an option that is 1 month away from expiration.

2. The Bid and ask price also pose a problem for option buyers. When buying options there are two prices the bid and ask. The ask price is the price that you can buy it for and the bid price is the price that you can sell it for. The difference between these numbers is called the spread.

The price you can buy an option for is always higher than the price you can sell an option for. You need the option to go up above this gap in order to make money. This problem is lessened by not trading options with stocks that have a high spread. Obviously if you find a stock that has an ask price of $8 and a bid price of $6 that might not be a good buy regardless of the stock.

3. The implied volatility. This is very important to understand. The IV measures how volatile the stock is at a given time. It is also used to measure the volatility of an option. This can affect the price because if you buy a call with high volatility the stock can go up but if volatility drops your option’s price will be affected. Now on the same note if you buy a call when volatility is low and the stock price goes down you might still be able to make money if the volatility goes up.

Generally volatility goes down when stocks goes up and it goes up when stock prices fall. You may also want to check the VIX which shows the volatility of the SPY. In addition if you can go to a website like ivolatility.com which will give you the volatility of individual stocks.

4. Delta. Many option traders believe that if a stock moves $1 the option should also move $1. Nope. This is one of the biggest misconceptions new traders have about options. They will not move up exactly the same amount as the stock. In fact there is an option greek called the Delta that is designed to determine how fast an option should move. If the Delta is $.5 then it will move $.5 for every $1 the stock moves.

The farther in the money you buy a stock option at the higher the delta will be. But it will also result in a higher option price as well.

For more information about the stock market visit http://www.stocks-simplified.com

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ForEx (Foreign Exchange)

2008-08-26T23:13:00.000-07:00

ForEx (Foreign Exchange)

By: Rio Morales

A forex scam is any trading scheme used to defraud individual traders by convincing them that they can expect to profit by trading in the foreign exchange market. One such example of someone who has come under such scrutiny is James Dicks. These scams might include churning of customer accounts for the purpose of generating commissions, selling software that is supposed to guide the customer to large profits,improperly managed "managed accounts", false advertising, ponzi schemes and outright fraud . It also refers to any retail forex broker who indicates that trading foreign exchange is a low risk, high profit investment. The U.S. Commodity Futures Trading Commission (CFTC), which loosely regulates the foreign exchange market in the United States, has noted an increase in the amount of unscrupulous activity in the non-bank foreign exchange industry.[6]

An official of the National Futures Association was quoted as saying, "Retail forex trading has increased dramatically over the past few years. Unfortunately, the amount of forex fraud has also increased dramatically..." Between 2001 and 2006 the U.S. Commodity Futures Trading Commission has prosecuted more than 80 cases involving the defrauding of more than 23,000 customers who lost $300 million, mostly in managed accounts. CNN also quoted Godfried De Vidts, President of the Financial Markets Association, a European body, as saying, "Banks have a duty to protect their customers and they should make sure customers understand what they are doing. Now if people go online, on non-bank portals, how is this control being done?"

The highly technical nature of retail forex industry, the OTC nature of the market, and the loose regulation of the market, leaves retail speculators vulnerable. Defrauded traders and regulatory authorities, can find it very difficult to prove that market manipulation has occurred since there is no central currency market, but rather a number of more or less interconnected marketplaces provided by interbank market makers.

Always remember that there is no such thing as a "free lunch." Be especially cautious if you have acquired a large sum of cash recently and are looking for a safe investment vehicle. In particular, retirees with access to their retirement funds may be attractive targets for fraudulent operators. Getting your money back once it is gone can be difficult or impossible.

The following are examples of statements that either are or most likely are fraudulent:

"Whether the market moves up or down, in the currency market you will make a profit." "We are out-performing 90% of domestic investments." "The main advantage of the forex markets is that there is no bear market." The currency futures and options markets are volatile and contain substantial risks for unsophisticated customers. The currency futures and options markets are not the place to put any funds that you cannot afford to lose. For example, retirement funds should not be used for currency trading. You can lose most or all of those funds very quickly trading foreign currency futures or options contracts. Therefore, beware of companies that make the following types of statements: "With a $10,000 deposit, the maximum you can lose is $200 to $250 per day." "We promise to recover any losses you have." "Your investment is secure." Margin trading can make you responsible for losses that greatly exceed the dollar amount you deposited. Many currency traders ask customers to give them money, which they sometimes refer to as "margin," often sums in the range of $1,000 to $5,000. However, those amounts, which are relatively small in the currency markets, actually control far larger dollar amounts of trading, a fact that often is poorly explained to customers. Don't trade on margin unless you fully understand what you are doing and are prepared to accept losses that exceed the margin amounts you paid.

What is Forex (Foreign Exchange)? Can you trust the majority of claims they make? How are Forex (Foreign Exchange) brokers regulated? What is margin buying? http://bossbiz.netsalaries.com/index.cfm?scn=fx

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Profitable Forex Trading Strategie

2008-08-26T23:12:00.000-07:00

Profitable Forex Trading Strategie

By: Andrew Daigle

As you know, the only way to make money in the forex currency exchange market is to have profitable forex trading strategies and good money management. Without these two skills, you will certainly fail as a trader and if you master these, you will be a very profitable forex trader.

It sounds so easy, doesn't it? Two simple rules to follow and you will be profitable in this business. The problem with this however, is that most people can't follow these rules. They let their emotions get in the way of their trading and make bad decisions. They may not take any trades at all because they're afraid they'll lose money. They may be in a profitable trade and decide to close it early to lock in their small profits. They may decide to let their losers run longer than they should because they "know" the currency is about to reverse and go in their direction. There are many reasons why people fail in this business and these are just a few of the examples.

Before you start trading, you need to learn about this business. You not only need to learn how and when to trade forex, but you also need to know when "not to trade". This is just as important. You also need to know how much "risk" you should take on any given trade. If you over leverage your account, you will lose money very quickly and you could actually blow your entire trading account.

Once you learn how to trade, the next step would be to open a forex demo trading account. This is the trading platform you would use from the forex broker of your choice to make trades in the market. Most forex brokers have all the charts and tools you need and the platform on which to execute your trades. Demo accounts allow new forex traders to trade fake money while trading the live market. You get to trade on a live trading platform but you risk absolutely no money. There aren't any businesses I know of where you can learn everything you need without costing you a dime.

Demo accounts are a great way for new traders to get a feel for trading the forex market without risking any money. But be careful. When you trade a forex demo account, and you know in your mind that you have no money at risk, you can start making stupid trading decisions. You may use poor money management skills and risk far too much money on each trade. You may double up on trades to make up for losing trades. These are bad habits, and the last thing you want to do in this business is treat it like a game. It's not a game. It's a real business and should be treated as such.

Before getting into trades, you should also know exactly what price you're getting in to the market and also know what your stop loss and take profit targets should be. If you don't know these three things, do not trade. Every profitable forex trading strategy you learn will have the rules for determining these entry and exit points. Also know that a profitable forex trading strategy does not have to be complicated. Most of the best forex trading strategies are very simple to learn and use.

If you follow the simple rules we mentioned above, you will see how profitable this business can be. It's no wonder why trading forex is becoming one of the fastest growing home businesses today. You get to work from your home using your personal computer and an internet connection. Pick up a great forex trading strategy and open up a forex trading account with a broker and you have everything you need to start trading.

Andrew Daigle is the creator and author of many successful websites including ForexBoost at http://www.ForexBoost.com and http://www.CashCurve.com for learning profitable online home business opportunities

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The components of trading

2008-08-19T23:05:00.001-07:00

The components of trading

By: Shaun Rosenberg

I would say that there are two different components of trading. These are the trader and the system. Each one has something that they can bring to the table to give you a successful trading system.

The system component is easy to understand. If you follow your own strict rules of what to look for before you invest your money you will come up with some sort of consistency. If you always trade by do the same thing then you will be able to get the same results, over and over again.

This makes having a trading system very important aspect when it comes to making money in the market. Develop a well tested system can be the best way to make good money. However there is one other major component when it comes to trading, and that is the trader themselves.

Some traders believe that a trading strategy should be all system and the trader should try to keep their own thoughts out of it. This can be true to an extent. The major flaw we as humans have when it comes to trading is our emotions.

Our emotions might make us sell too soon or buy too early. That can cause us to lose money. But there is a good reason that traders should not rely 100% on a system and keep some human touch in trading.

This ability that humans can bring is the ability to change and adjust to new markets. You may have a system that is working well buying calls but if you start to see that the market is crashing it can tell you that you might not want to be buying calls right now.

You might adjust that strategy by taking the same rules you learned from buying calls and reversing it to give you good put buying strategies. Or you might try something different. But our ability to adjust is what gives us an edge over a pure systematic way of trading.

For more information about the stock market visit http://www.stocks-simplified.com

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Forex Trading From Home - Become a Successful Trader in 2 Weeks!

2008-08-19T23:05:00.000-07:00

Forex Trading From Home - Become a Successful Trader in 2 Weeks!

By: Kelly Price

Here I am going to give you a checklist on how to get started in forex trading from home in just 14 days and then be on target to make triple digit profits in under 30 minutes a day.

What inspired me to write this article is the "turtle experiment" where Richard Dennis taught a group of traders to trade in just 14 days and they went on to make hundreds of millions of dollars. You probably won't make as much money as this group but it shows anyone can learn and anyone can be successful, if they have the right forex education.

Lets get started and the first area to focus on is learning about forex charts and formations and all this information is available free online. You need to focus on long term trend following and base your strategy on breakouts.

We have written about these frequently simply look up our other articles. Once you have this mastered, check some indicators to time you're trading signals and take your time two great ones to start with are the stochastic and RSI, so look them up.

You will now have a simple robust forex trading strategy you can apply for profit. Don't think simple systems don't make money - they do. Simple systems are robust and easy to understand and will enable you to have confidence and discipline which is essential for currency trading success.

Discipline is what separates winners from losers.

You must be able to apply your trading system through losing periods with discipline until you hit a home run and if you cant do it - you don't have a system.

It's always good to get some lessons from the pros and some books which are from traders who have walked the walk and don't just talk the talk.

Here are a few which I think can help any trader.

The Disciplined Trader - Mark Douglas

This is simply one of the best books on trading discipline you will read and for any newbie trader who thinks discipline is easy, read it and you will see why its not and why most traders cant master it.

Another excellent book is.

The Way of the Turtle - Curtis Faith

The most successful of the turtle group we discussed earlier, its essential reading and very inspiring as well.

Finally I simply love the book - Trader Vic Methods of a Wall Street Master by Victor Sperandeo.

This guy is simply consistent decade after decade of huge returns and you get a bit of everything in this book.

The above 3 books will cost you less than a $100.00 but will give you some great insight on the discipline side and what it takes to be a winner and pay for themselves many times over.

When you come to trade your system, make sure that you have enough cash forget trading with $50 d and get a reasonable amount so you have staying power. $500 - 1,000 is a bare minimum and preferably $5,000.

Do not over leverage, take it gently to start, forget about 200:1 leverage and start at 10.

You are in this for the long run and you need to preserve equity and build your base.

Once your system is set you are ready to roll, don't believe all the people who say you should try and improve their system, or keep journals of your losses its complete waste of time.

You are going to lose, that's trading and the perfect system doesn't exist.

I have used the same system for 25 years and never changed it sure it losses but overall it gives me great annual profits for less than 30 minutes work a day and the system enclosed can do the same for you, allowing you to become a profitable forex trader from home.

Follow the above steps and you could be on the road to currency trading success in just 2 weeks and making profits in around 30 minutes day.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential info on Becoming a Currency Trader From Home visit our website at: http://www.learncurrencytradingonline.com.

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Investing Vs Trading

2008-08-19T23:04:00.000-07:00

Investing Vs Trading

By: Shaun Rosenberg

Everyone always says that the safest way to make money in the stock market is by investing for the long term. I don’t believe it. In fact long term investors might have the disadvantage.

There are a number of reasons why trading can be a safer strategy then investing in the long term.

1. Traders can make money in all markets. Unlike a long term investor who only makes money in bulls market and loses money in a bears market, traders can take advantage of whatever the market does.

2. Strong companies don’t have to go up. People seem to have a false image in their mine that if you own Disney stock and they make a sale your stock goes up. That is not necessarily true. You could buy a stock that makes loads of money with great fundamentals and still lose money. In fact Wal-Mart, Disney, Microsoft, and coke are all stocks that have huge earning but have not done anything except go down a little in the last 10 years.

3. Successful traders base their conclusion off of price, the trends and patterns of it. This is a much better way to grow your money because what you make money off of is ultimately what the stock does not what the company does.

4. The idea of holding onto a stock forever can actually hurt you. I have seen people with a long term prospective ride a $40 stock to a $10 stock because they are in it for the long term. As far as I am considered it not a good idea to hold a stock through a 75% decline in hopes that it might one day go up no matter what your time frame is.

5. Actively trading is a can give you higher returns. Think about it like this, if you are actively trading in the stock market you will be able to learn from your past trades. The more you learn the better a trader you will become. Where as someone who invest in the long term cannot use what they learned from their last trades into their new trades because your last trades lasted 40 years.

For more information about the stock market visit http://www.stocks-simplified.com

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Forex Short Term Trading Strategies - Forex Day Trading Restrict Risk Build Big Profits

2008-08-11T16:52:00.000-07:00

Forex Short Term Trading Strategies - Forex Day Trading Restrict Risk Build Big Profits

By: Samuel Leslie Berkovits

Forex day trading is very popular and is probably the route most new forex traders try and the appeal is obvious - trading with low risk and building steady long term gains but how do you win...

The industry in short term trading us huge and there are numerous courses to train you and teach you the basics and they all have tremendous track records with low drawdown and huge long term gains. There is a problem though and it lies in this warning you will see:

"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading.

And

Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".

Of course, there is a huge difference between knowing what happened and not and anyone even a kid can become a millionaire on paper.

In real time it's all a lot harder

Within a day trying to predict, to predict what a vast number of traders will do, in a time period of minutes or hours is impossible as the price can go anywhere.

To make money you need data that is reliable - it's as simple as that.

You need to be able to work out the probability of a price going in a specific direction on your forex chart and its plainly obvious you don't have decent data to work with and you cannot get an edge or the odds in your favor.

The odds are not in your favor and this means you are destined to lose.

Alas forex day trading is a good theory (if it worked) but it doesn't add up in practice and if you are not convinced, try and find an audited track record of a day trader over a few years - you wont find one, you will find day traders with simulations - but that's not hard crisp dollars, you can spend them. Don't trade short term, trade longer term and get yourself the right forex education, get the odds on your side and enjoy currency trading success.

FREE FOREX STARTER PACK 5 X PDFS - DAILY RESEARCH AND MUCH MORE! For free infopack and free research and more get your 5 x FREE PDF Reports visit our website at: http://www.learncurrencytradingonline.com

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Currency Swing Trading - A Simple Profitable Swing Trading System For Novices

2008-07-09T01:57:00.000-07:00

Currency Swing Trading - A Simple Profitable Swing Trading System For Novices

By: Monica Hendrix

Currency swing trading is easy to learn and can be very profitable. Here we will look at how to put together a currency swing trading system which can help you build big consistent gains, even if you have never traded before.

Why is swing trading so good for novice currency traders?

The answer is - it requires less discipline than long term trend following. You get lots of trades and profits and losses are banked quickly; this suits the trader who isn't patient or lacks the discipline to sit on trades for a long time.

What exactly is currency swing trading?

Swing trading takes advantage of over bought and oversold levels within the major trends and you swing trade between these levels of support and resistance. Trades typically last a few days to a week.

Let's now look at this great way of trading and how to incorporate it in your forex trading strategy.

How to swing trade correctly

With swing trading you need to look at price momentum and determine if support or resistance levels will hold. For example, if a price comes to support you wait to see if it will hold and then take a long position and bank it before it hits resistance.

You have to determine if levels will hold and here it is important to determine if price momentum is turning up above support - this is when you want to execute your trading signal. For this you need to use some momentum oscillators.

If you don't know what they are they are leading indicators that simply tell you the velocity and momentum of price.

Great Swing Trading Indicators

Two great ones for swing traders are the Relative Strength Index (RSI) and the stochastic indicator. We use these in our swing trading strategy to execute our trading signals and it works very well. There both visual indicators and you can spot set ups instantly - there explained more fully in our other articles so look them up.

Stop Levels

When you execute a trading signal you simply put the stop behind the level you're bouncing off and then take your profit as you come into resistance for your trade.

Profit Taking

In swing trading your aim is not to hang on to the trade and trail a stop but to have a profit target and bank it - hang on to long in swing trading and your profit will disappear.

Does the above sound simple?

It is - but don't let that deceive you it works. I have been using a simple currency trading system based upon the above for 20 years and made a lot of money with it and you can to.

NEW! 2 X FREE ESSENTIAL TRADER PDFS & MUCH MORE! For free 2 x trading Pdf's with 90 of pages of essential info on Forex Trading Education visit our website at: http://www.learncurrencytradingonline.com.

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Forex Charting For Beginners - 3 Simple Steps to Big Profits

2008-07-01T22:38:00.000-07:00

Forex Charting For Beginners - 3 Simple Steps to Big Profits

By: Monica Hendrix

Here we will give you three simple steps to making money with forex charts. Anyone can learn forex charting and it represents a time efficient and profitable way of trading.

Here we are going to look at charting the longer term trends that yield the big profits and these trends can last for week's months or years and can be very profitable.

Avoid trading low odds trades in short time frames and day trading ( the most popular method for novices) is compete waste of time, as you can never get the odds in your favour.

Be patient and wait for the high odds trades and they can't be forced and don't come around everyday.

Right, let's look at forex charting for beginners and how to pile up some big profits quickly, with a simple robust system.

Step 1

Getting a Robust Forex Trading System

The first think you need to do is construct a simple trading system and it only needs to be a few indicators, combined with support and resistance.

Simple systems work best. There more robust than complicated ones and have fewer elements to break in the brutal, hard world, of real trading.

Start with a breakout system. This is buying new market highs - it's a fact that most major forex moves start from new market highs NOT market lows.

A breakout should be past at least 2 x tests of resistance and the more the better and wider they are apart the better too.

Most traders hate breakout trading that's why its so effective - they want to wait for the pullback - but they wait in vain as the price accelerates away and their not in.

Step 2

Confirming the Trade

Once you have a breakout you need to confirm that price velocity and momentum is going to carry prices forward and here you need to learn about leading momentum indicators.

We have covered these fully in our other articles and they will help you put the odds on your side.

Step 3

Money Management

With breakout trading money management is simple - your stop goes just below the breakout point and as the trend unfolds you need to lock in profit but be careful!

Most traders make the mistake of locking in profit to quickly and your forex trading strategy must give the market room to breathe. Don't aim for perfection or trying to second guess the market; act on the reality of price change and trail your stop way behind normal market volatility.

You must learn to do the above and be disciplined or you will never make any real money.

Putting it all Together

The above sounds simple and it is. In fact, anyone can learn to trade forex the hard part is applying your method with discipline. You need to take losses and calculated profits when your charts tell you and ride the trends with discipline.

The method above works and will continue to work as it's based on sound logic and your challenge to acquire the discipline to apply it to make big forex profits.

NEW! 2 X FREE ESSENTIAL TRADER PDFS

For free 2 x trading Pdf's, with 90 of essential info and more on Forex Charting for Beginners visit our website at: http://www.learncurrencytradingonline.com

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Forex Trends - How to Follow Them for Bigger Profits

2008-06-16T22:05:00.000-07:00

Forex Trends - How to Follow Them for Bigger Profits

By: Monica Hendrix

When you look back at a forex chart forex trends that last for weeks or months are easy to see but there much harder to hold in real time trading. There are huge profits to be made if you can milk the longer term trends but you must be aware of two main problems you will encounter.

Volatility within the Main Trend

When your are forex trend following you get constant pullbacks in price and you have to decide whether they are a trend change or a pullback and this is not so easy when money is on the line.

The dilemma you face is: Where should you put your stop so that you can stay with the trend but get at least a good chunk of profit should the trend turn.

For this you should have an understanding of standard deviation of price - if you don't know what it is - make it an essential part of your forex education.

Our view is to use trend line support and moving averages pullbacks to the 18 - 25 day moving average are normal and pullbacks to the 40 day moving average indicate a trend that might turn.

Once the trend is in motion, use the 40 day and trend line support as your stop.

Of course when the trend turns you give back a bit of profit but that's ok - if you caught 50% of every major trend, you would be very rich.

Don't ever try and predict when a trend might end or impose your view on the market let the market action tell you when you are wrong.

You Have to Accept Short Term Dips to Make Long Term Gains!

Many traders get excited when they get a profit and the bigger it becomes, the more excited they get - Every dip in open equity causes them emotional turmoil and they simply want to get the profit in the bank, before it gets away.

They end up snatching their profit and banking a marginal one - what happens next?

The trend continues and makes $5 10 or 15,000 and their not in yet, that's where they thought the price was going anyway!

They just didn't have the discipline to stay with them.

The fact is you must be disciplined and be prepared to take open equity dips - sometimes of thousands at a time, once a big trend is in motion.

This requires confidence and discipline in your forex trading strategy, an understanding of volatility and a mindset to put up with it, to seek a longer term gain.

Take a look at a forex charts and you won't just see trends at present that yield a few hundred pips in motion, you will see ones that could give you thousands or tens of thousands and you can get these trends with the right attitude.

If you have the discipline and the mindset to succeed you can make a lot of money from long term trends - you don't have to be perfect and you and you don't have to be clever, just have the patience to stay with the trend, until the chart tells you that your wrong.

NEW! 2 X FREE ESSENTIAL TRADER PDFS & MUCH MORE!

For free 2 x trading Pdf's with 90 of pages of essential info on Forex Trend Following Systems visit our website at: http://www.learncurrencytradingonline.com

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Online Stock Broker

2008-06-16T22:03:00.000-07:00

Online Stock Broker

By: Tom Decruz

The fact is, only a registered stock broker can buy and sell shares in the stock market. Such an individual is registered on one or many stock exchanges and is authorized to transact on behalf of others. Apart from that, an online stock broker is very valuable to investors who are not technically inclined and have no or little prior knowledge of stock trading. Such investors can use their own online stock trading accounts to obtain necessary information and place online trades at any time of the day. Others, however, still require a human interface - a real person who will place trades on their behalf.

An online stock broker’s services definitely transcend the traditional format of trading in stocks personally or via the telephone. By using an online stock broker, the investor no longer faces the constraints of location and busy telephone lines. Information technology has made stock market software are reliable means of trading in stock on the Internet, and an online stock broker uses this on his client’s behalf.

An online stock broker requires considerable working knowledge of the stock market to help investors trade in stocks. Though they are independent of established brokerage firms, they are still bound by the same Government regulations that govern offline stock firms. They have in-depth experience in dealing with actively traded commodities and stocks.

By using such a stock broker, one gains greater access and can also save money on stock trades. Because of this, there are now many investors in the stock market than there have ever been previously. There are now any number of investment choices available, and online brokers can leverage these by the power of the Internet coupled with their own expertise and experience. They are the perfect alternative to full-service brokers, who are far more expensive.

There can be occasional hiccups while using the services of one’s online stock broker. For instance, the accelerated growth of online trading can cause busy servers at certain times of the day. This makes it difficult to log on to one’s broker’s website. This is not a serious limitation, and invariably applies only to the first and last thirty minutes of a stock market day. Even this limitation will become history as online trading matures.

Serious and regular investors tend not to limit themselves to a single online broker, since individual brokers often concentrate on specific segments of trading. For such investors, having multiple accounts set up with different online stock brokers makes perfect sense, since it gives them wider exposure. The most successful traders often have as many as four or five brokers, though a single reliable broker suffices for those who only trade occasionally.

For more information on online stock broker and other investment click here.

Business Planner and Stock Market Analyst Employed with Kotak Securities.

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Forex Point and Figure Buy and Sell Signals

2008-06-10T01:09:00.001-07:00

Forex Point and Figure Buy and Sell Signals

By: Eric Stout

Traditional forms of technical analysis leave much room for interpretation and error when determining buy and sell signals. This includes the use of technical indicators, price patterns, and support and resistance lines. Point and figure charts, by contrast, are exact in calculating buy and sell signals.
Not enough traders are utilizing the benefits of point and figure charts in the forex market. I don't why that is. Maybe it's due to the relatively young nature of the forex market. Or perhaps it's due to the global nature of forex trading and the predominance of traders outside of the United States.
Point and figure charts were first applied in the U.S. by Charles Dow, of the Dow Jones Company. Dow applied point and figure charts in the late 1800's to stock price movements. Since then, the method has been used by savvy stock traders throughout the decades, but it's never caught on like other charting methods such as bar charts or candlesticks.
Even fewer in the forex trading world have used the point and figure method to trade currency pairs. There seems to be a willingness to study and adopt more complex and subjective methods such as Fibonacci retracements, Ichimoku clouds, and Gann projections to name a few. But these methods of analysis leave a lot of room for judgment and interpretation. In short, many of the technical methods in the forex market are subjective.
I encourage forex traders to start studying point and figure charts, which are the most objective and precise charts in the world. There's no room for judgment or interpretation when it comes to determining a buy or sell signal on point and figure charts. It's a "black and white" or "yes or no" type of question. Either a currency pair is on a buy signal, or it's not.
With point and figure charts, buy and sell signals are determined by examining a currency pair's movement. That's it. Time does not factor into the equation. Moreover, point and figure charts use a filtering technique to minimize the randomness that is associated with currency pairs. The filtering technique is called a three box reversal. A currency pair's movement is considered meaningful, i.e. worth charting, only if it's of a magnitude greater than three boxes. All other movements are considered too small, or too random, to be worth charting.
A buy signal is generated when the current column of X's exceeds a previous column of X's. But this buy signal can take place over many different intervals, depending on the box size of the point and figure chart that is being used. For instance, a day trader might use a very small box size chart when trading the EUR/USD, a box size on the order of five or ten pips. A long-term trend following trader, by contrast, might use a much larger box size of 100 to 200 pips.
A sell signal is generated when the current column of O's drops below a previous column of O's. But like the buy signal, a sell signal can occur across various intervals, depending on the box size in use.
Trading currency pairs with point and figure charts is an entirely unique and objective approach to profiting in the forex. I encourage you to consider learning how to apply point and figure charts to your trading. You will see how amazingly objective and precise point and figure charts really are and how you can quickly and accurately determine if a currency pair is on a buy or sell signal.

Eric is a former forex industry insider. He's been trading stocks, options, bonds, futures, and forex for over a decade. He first learned about point and figure charts in 2000 and has since become an expert in the method. He now applies point and figure charts to his forex trading. You can learn more about applying point and figure charts to your forex trading at: www.fxpnf.com

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Forex Trading Robots - Seeking Long Term Profits with Them Vital Tips You Need to Know

2008-06-10T01:09:00.000-07:00

Forex Trading Robots - Seeking Long Term Profits with Them Vital Tips You Need to Know

By: Monica Hendrix

Forex trading robots are popular, the theory is you can simply plug and go then sit back make money and let the trading system do the work for you. It's a great idea and you can make money but you need to consider the vital points below to win.

Most forex trading robots have one vital flaw - they have never been tested real time and never actually made any profits! Forget the clever enticing advertising copy these systems will wipe your equity quickly. Look for the disclaimer below (or similar one) and you will see what I mean.

Look for This disclaimer and ignore the System!

"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading....Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".

Of course after reading this you will see why they don't work and the odds are stacked against you. Would you trust a driving instructor who couldn't drive? Well thousands of forex traders trust vendors who have never traded. These forex trading systems have all been tested knowing the past price history and the track record is simply a simulation on paper and I wouldn't trust it and neither should you.

Find one With a Real Time Track Record and ...

Make sure you understand how and why it works and you are confident in its ability to deliver forex trading profits longer term. If you don't, you won't have the discipline to follow it through periods of losses and stick with it through these periods of drawdown to make longer term gains. Keep in mind that if you don't have the discipline to follow your currency trading system - you may as well not have one!

If you want one with a great record of success long term check out Richard Donchians 4 Week Rule, we have written on this frequently and its Keep in mind the above system is free and you can use it as you wish and it has been the basis for many a successful trading system.

A Forex trading system with a real time track record doesn't come cheap and you're looking to pay in the region of at least $1 - 2,000 upwards in price, so the 4 Week Rule which will out perform most sold robots anyway and is a great place to start and of course it's free.

Tip 3 - Robots are programmed by Humans!

There is this image that a robot works on its own but it can only work within the limitations of the programmer.

Humans think robots can think for themselves like some robot from Star Trek (but this is rubbish the markets have to many variables) and a forex trading system can only react not think independently. While they are programmed by humans, this doesn't mean they can't be successful they can - but there not perfect.

ALL Forex trading robots will lose for periods of time that's life but this doesn't mean to say they can't make profits over the long term, they can but you must be patient and disciplined.

The right forex trading robot can and will make you money. Just keep in mind there not perfect and you will need to have confidence in the logic of them, to follow them to long term currency trading success.

Get the right one and follow it with discipline though and you could make a lot of money.

NEW! 2 X FREE ESSENTIAL TRADER PDFS

For free 2 x trading Pdf's with 90 of pages of essential info on Forex Trading Systems visit our website at: http://www.learncurrencytradingonline.com

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Trade Forex on Auto Pilot with This Proven FREE Forex Trading System

2008-06-10T01:08:00.000-07:00

Trade Forex on Auto Pilot with This Proven FREE Forex Trading System

By: Kelly Price

Many forex traders want to trade on auto pilot and simply follow trading signals generated by a system, without having to make subjective judgements. Here we are going to give you one for FREE which is proven in terms of its profit potential.

The system is Richard Donchian's 4 Week rule and has been the basis of many successful trading systems around the world.

Big fans included trading legends such as Richard Dennis, so if its good enough for him its good enough for you!

The system was originally developed in the late 70s to trade commodities but can be used on any trending market and currencies trend well.

Now this system is so simple it consists of just one rule and here it is:

1) Close any short positions and go long whenever the price exceeds the highs of the previous 4 calendar weeks.

2) Close any long positions and go short whenever the price falls below the lows of the previous 4 calendar weeks.

If the system is run with a SAR (stop and reverse), the above system will always maintain a position in the market (either long or short).

Does it work?

Back test and you will see it does.

Of course it works very well in trending markets ensuring you are on the right side of every big move - but like all trading systems there is a downside:

It will get whipped in a choppy sideways market and here you may wish to consider some filters:

A common solution to this problem is to enter on the 4 week rule (the breakout), and to exit on a shorter time frame such as 1 or 2 weeks.

Traders can also use other exit rules i.e. exit when a moving average is broken. For example, applying a 10-day moving average as the exit - A 10-day moving average is one-half of the entry signal (four weeks is of course 20 trading days) is period we like. You can also experiment with ADX RSI and MACD filters if you wish.

Many traders ignore this system; after all it's not trendy or complex like chaos theory or artificial intelligence based systems, or full of mystical nonsense like Gann, Elliot Wave or Fibonacci - but it works.

Simple systems work better than complicated ones as they have fewer elements to break. If you are interested in making money long term and have a disciplined nature you will like this system.

If you believe complexity will beat the markets, they move to a scientific theory or enjoy the buzz of trading frequently - you won't like it - This system is all about making money long term in a disciplined fashion.

The 4 week rule is simple you can customize it to restrict losses, by adding filter and it will have you on the right side of every major move - do that and you have great profit potential.

So if you want to trade forex on autopilot and make big long term gains, consider this free system and you maybe glad you did.

NEW! 2 X FREE ESSENTIAL TRADER PDFS For free 2 x trading Pdf's, with 90 of essential info and more on Breakout Forex Trading Systems visit our website at: http://www.learncurrencytradingonline.com

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Beginner Forex Trading - Starting right

2008-05-31T05:45:00.000-07:00

Beginner Forex Trading - Starting right

By: Harold Hsu

Many beginner Forex traders are lured by promises of overnight wealth and instant riches. They get excited over the prospect of making $300 in an hour, and can’t wait to get started. Unfortunately, this is the type of attitude that gets most people into trouble.

Now don’t get me wrong… Forex trading CAN be a very lucrative activity (or hobby, even), provided that you know what you’re doing. Most people however, start off on the wrong foot and inevitably wipe out their entire trading accounts.

The Secret of profitable Forex trading is not about making money

This is perhaps one of the hardest concepts to grasp. It’s easy to explain, but hard to implement in reality.

You see, the ultimate goal of all retail Forex traders is to make money in the currency market, right? However, the best way to become a profitable trader is NOT to focus on making money.

Confused? Allow me to explain a little more…

The Best Way To Make Money Is To Avoid Losing Money

This is the simplest way to put it: Before you can become a profitable Forex trader, you’ll first need to be proficient at avoiding (or reducing) your losses when trading.

The currency market is so volatile that losses are inevitable. Every trader WILL encounter numerous losses throughout his or her trading career. The question is whether these traders are able to survive from these losses to trade another day.

So many people rush to make the most amount of money in the shortest period of time that they throw all caution into the wind. They don’t pay attention to any money management strategies and dive head-first into the market.

Eventually, these are the traders who wonder what went wrong when their trading accounts show a big, fat ‘Zero’. Don’t be like these traders.

Learning The Right Things

It is my sincere advice for you to take the time to fully understand all the risks you’re taking as a retail trader. Understand how leverage works, and how it affects your ability to take losses. How much can you afford to lose before you’re knocked out of the market?

These are just some of the crucial aspects of Forex trading that you should pay strict attention to.

Visit http://forexsystemprofits.com for more tips and techniques on profitable Forex trading. Get your free 26-page Forex trading guide while you’re at it.

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Best Forex Trading Platform - 2 Features you must have

2008-05-31T05:44:00.000-07:00

Best Forex Trading Platform - 2 Features you must have

By: Harold Hsu

All beginner Forex traders will at some point start looking at the various trading platforms available to them. Which one should you choose? With so many alternatives available on the net, it’s no wonder that so many people are at a loss at which platform to adopt.

Of course, you should know by now that there actually isn’t a "best" trading platform per se, but rather the best one that suits your needs. However, there are a few features that you certainly must have to help you become a profitable trader. In this article, I will briefly discuss two of these features.

Feature #1 - Updated Price Feeds

This is an obvious feature to consider. The trading platform you’re using should have tick-by-tick price feeds. As retail traders, we are constantly in need for the latest, most updated market prices. This is opposed to currency investors, who simply buy or sell currencies over the long term. Retail traders typically scalp, or participate in intra-day trades where even the smallest price movements are required to be shown in the trading platform.

Be careful about the claims of the marketers who sell or rent trading platforms. Many of them usually tell you that they provide tick-by-tick price feeds, but more often than not, they are unfortunately an exaggeration. Do your homework in finding out the best type of trading platform for you. Do a Google search to find independent user reviews of the various platforms you’re thinking of trying out. And of course, always demo trade with the platform first to see how fast the actual price feeds are.

Feature #2 - User Comfort

This is one of the most important trading platform features that is usually overlooked by many traders. You must be comfortable with using the platform of your choice. When I first started trading, I was using a user-unfriendly charting software that gave me a constant headache. The charting controls were not intuitive, and I always had trouble setting up my technical indicators.

Needless to say, my trading performance reflected my discomfort when trading. It was only after I switched trading platforms that I finally realized how important my comfort is to my trading mentality.

Trading is a tough job, so don’t make it even tougher by choosing to trade with an inferior trading platform. Choose one that you’re mentally comfortable with, and you’ll have a much easier time chasing after those pips!

To learn more, Click Here to download my free 26-page guide, "Forex Trading Traps!" Harold Hsu is the owner of ForexSystemProfits.com where he provides premium Forex trading tips and resources.

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Best Forex trading education - Learning the right stuff

2008-05-31T05:43:00.000-07:00

Best Forex trading education - Learning the right stuff

By: Harold Hsu

It is the aim of all retail Forex traders to make money from the market. We read books, take courses and search the web for all kinds of Forex-related information to best educate us on how to trade profitably.

Unfortunately, most of the time retail traders are looking to learn about the wrong kinds of things. We spend our time looking for the "best and latest" techniques and systems with the hope of making money once we adopt them.

The truth, however, is that there are other more important aspects of Forex trading that we should all be paying attention to… and these are the aspects that separate a consistently winning trader from a consistently losing one.

Forex Education Topic #1 - Understanding Leverage

One of the biggest attractions of Forex trading is leverage. We are all aware that in the Forex market, we can trade with a large amount of currency using only a fraction of our own money.

What most retail traders don’t realize, however, is that leverage actually plays a major role in how they should manage their money (and risk).

Simply put: the more leverage one trades with, the smaller the stop-loss allowance would be available to them. If you don’t know why this is so, I highly recommend that you study the impact of trading with leverage more carefully and how it affects your money management system… too many beginner traders have wiped out their accounts because they didn’t truly understand the risks involved here.

Forex Education Topic #2 – Understanding Yourself

Among all the aspects of profitable Forex trading, this is arguably the most difficult to master. You can have the "best" trading system in the world; but if you find it hard to trade according to its rules, then it’s still useless.

Understanding your own risk appetite is a crucial component of deciding which trading system you should adopt. If you’re an aggressive trader, find a trading system that reflects your style. And vice versa if you’re a conservative trader.

An old trader once told me, "The market is the perfect place to discover your true flaws". And now, I finally realize what he meant. My flaws of greed, fear and discipline have all been exposed to the market… and it’s through the conquering of these flaws that you can emerge as a profitable trader.

Don’t trade if you’re not prepared to have your vulnerabilities exposed by the market.

Visit http://forexsystemprofits.com for more tips and techniques on profitable Forex trading. Get your free 26-page Forex trading guide while you’re at it.

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Forex Online Trading: Gain Profits with the Right Forex Trading Systems

2008-05-28T01:40:00.001-07:00

Forex Online Trading: Gain Profits with the Right Forex Trading Systems

By: Vikram Kuamr

Forex trading is all about currencies exchange from one person to another with a certain price. When investing in Forex, the game is about gaining profit through selling of currencies at higher price and buying currency at a lower price thus earning profit. So far, there are many investors involved in Forex trading as Forex has one of the biggest financial markets worldwide. With the availability of the internet, Forex has gained so much popularity as it provides accessibility to many investors in the convenience of time and place. Most investors planning to be involved in Forex trading is more involved in Forex Online trading.

One of the advantages of Forex trading is that you can access to it anytime and anywhere. This is made possible through Forex Online trading. As long as you have a laptop and have internet connection, you can do Forex online trading. This can be very beneficial especially that Forex trading does not have a day’s closure. You can access to the market at 24 hours a day – no pause, no offs.

When doing Forex online trading, you can trade foreign currencies in the convenience of time and place. But what you need most is a system that would help you strategize on prices to maximize profit. This way, you would need a Forex Trading system to guide you on the trade. This will also help you in developing strategies and making steps for you to be profitable in the Forex online trading. Without these strategies you will continue to see yourself fail in Forex online Trading.

There are many sites that offer Forex Trading systems. They usually provide valuable tools to be profitable in Forex trading. Supposed to be, the system will guide you for profitability in Forex trading, but most of the time, it doesn’t guarantee an overtime profit. There is a lot of decision making on your part to get the right results in Forex trading. As the common adage says, "Try and try until you succeed." This is even true in using any Forex Trading Systems.

Forex Trading Systems have entry set-ups and indicators for pricing which you can accept or offer to get profit. There are no limits in the systems that you can use for profitability. As much as possible, you need to have basically as many Forex Trading Systems so that you can take advantage of the tools offered in every Forex Trading Systems available. The strategies and tools are generally available to help you make the right decision or make necessary entries and exits. So all combined strategies may help you make the right decisions. This is even true especially if you are a beginner in Forex trading. However, there is no guarantee of immediate results. Being profitable in Forex online trading takes the right Forex Trading systems, perseverance, mastery of the right strategies, and constant work.

You can start getting the system of Smart Forex Live for your Forex Trading systems. They offer a lot of Forex Trading products. The latest of which is the Forex killer, a Forex Trading system that provides tools for beginners to make it to the world of Forex traders. There are many more Foreign Trading systems but you can try this out first. All you need to do is make the right entries and analysis to get the right price.

Making use of Forex trading systems can greatly enhance your Forex online tradingmethods.

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Excellent Forex Trading Systems - Do They Exist?

2008-05-28T01:40:00.000-07:00

Excellent Forex Trading Systems - Do They Exist?

By: Harold Hsu

No other financial market is as exciting or as fast-paced as the foreign exchange market. The high volatility promises literally instant wealth if you manage to play your cards right. This inevitably draws new traders every day who wish to try their hand at speculative currency trading… The adrenaline rush of watching a wining trade unfold before one’s eyes is simply irresistible.

And in this quest of seeking out maximum profits, many investors often try to find the ‘best trading system’ to trade with. After a while however, these investors start to realize that they have underestimated the speed and complexity of the market price action. Perhaps they were not profitable with their demo trading account, or maybe they lost an embarrassing chunk of money during live trading. Either way, they start wondering whether they’re doing the right thing by always looking out for a ‘better system’ to trade with.

They start to ask, "Should I keep looking for a better trading system, or do I just need a better understanding of the Forex market?"

In truth, they may be surprised to find out that the answer is: "Both."

Allow me to briefly explain…

You see, these two paths are actually interlinked. The more you understand about the Forex market, the better your chances of choosing a trading system that suits you. In other words, the less you understand about currency trading, the higher your chance of choosing the wrong trading system to follow.

There is no single, ‘ultimate’ trading system for everyone. However, don’t despair! There is definitely an excellent trading system that is catered especially for YOU.

It’s not the system that defines how well a trader performs… Rather, it’s the other way around! It’s actually the trader who defines the type of system he/she uses! How well a trader performs is actually a reflection of the appropriateness of his choice of trading system.

Visit http://forexsystemprofits.com for more tips and techniques on profitable Forex trading. Get your free 26-page Forex trading guide while you’re at it.

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Forex Trader Trading - 1 Secret of profitable Forex trading

2008-05-28T01:39:00.000-07:00

Forex Trader Trading - 1 Secret of profitable Forex trading

By: Harold Hsu

It’s no coincidence that more than 90% of retail Forex traders lose money in trading. If you’ve done a little research, you’ll realize why this is the case. As a retail trader, the currency market is heavily geared to make you lose money.

And one of the main reasons why it’s so easy to lose money is because of the proliferation of bad trading advice. There are volumes upon volumes of misleading ‘tips’ and ‘strategies’ splattered all over the internet, none of which are actually useful information at all. They are typically dispensed by people who are not actual traders, or traders who aren’t really profitable in practice. Unfortunately, Many novice traders try to implement the ‘strategies’ given by these people, and ultimately wipe out their trading accounts.

But of course, there are indeed some useful tips and techniques that can be found online… you’ll just have to be able to figure out which ones they are!

Just kidding… I’m going to share one of them with you today.

Understanding the risks of trading

So many people get obsessed with the idea of making money that they often forget to pay attention to how NOT to lose money in Forex trading. They jump into the market without first figuring out the inherent dangers, or how to avoid them.

The risks you face as a retail trader are 3-fold: market risk (other traders), counter-party risk (your broker), and self-risk (your psychology).

While many retail traders are well-acquainted with market risk and self-risk, they often neglect counter-party risk. While it is beyond the scope of this article to examine this issue in detail, it’s important that you, as a retail trader understand the driving motivations of your broker.

What makes your broker money? Do they make money when you profit? Most of the time, the answer is no. In fact, most brokers make more money when you trade more. It doesn’t matter if you win or lose; the more you trade, they more money they make (since they get their income from spreads).

Can you see how they don’t actually have an incentive to help you make money? Instead, it would serve their purpose better if they could make you place MORE trades!

So don’t fall into their trap. Make fewer trades with higher winning probabilities. It’ll serve you better in the long run.

To learn more, Click Here to download my free 26-page guide, "Forex Trading Traps!"

Harold Hsu is the owner of ForexSystemProfits.com where he provides premium Forex trading tips and resources.

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Getting the Right Forex Trading Broker

2008-05-26T17:58:00.000-07:00

Getting the Right Forex Trading Broker

By: Jane Macrae

For investors in the forex market, to have a forex trading broker is not a must but can be of enormous help if you get the right one. The reality is that there are so many brokers out there that you may feel overwhelmed to make a smart choice. With this article, I am about to give you some tips to help you go about.

* Does The Broker Offers a Free Demo Account?

Many online forex brokers now offer free demo accounts to their new customers. You should not only take advantage of them but also make the most out of them.

Not only are demo accounts a great introduction for those new to forex trading, it will also let you take a look at the trading platform used by that broker. You want an interface that is easy to learn and understand, and that you will be comfortable to use.

* Always Ask For References

A good broker will not mind giving you references. You need to be able to talk to other people who have used his services, and find out whether or not they are happy with their experiences.

If a broker is unwilling to give you references, he probably is not your choice.

* Examine the Minimum Deposit Requirement to Open an Account

Almost all forex brokers ask for a minimum amount deposit when you open an account with them.

If the amount of minimum deposit asked by one broker is higher than what you are comfortable with, simply search for one that requires a lower minimum. There are options out there for every investor, no matter how much or how little they have to invest.

* Check the Broker's Credentials

Despite that there is no centralised, governing body to regulate the whole forex market over the world, the business practices of each forex broker is regulated by institutions in the countries where they are located.

For example, a broker located in the US should be registered as a Futures Commission Merchant (or FCM) with the Commodity Futures Trading Commission (or CFTC). They should also be registered with the National Futures Association (or NFA).

* Check Out the Service Charge

You should be aware that cheaper is not always better.

Compared to their competition, some brokers may charge less for their services. However, they may try to make up for the difference with hidden fees that you may not even be aware you are being charged.

Before you formally establish business with a broker, ask about possible hidden fees, read the fine print, and learn as much about them as you can.

It can be an inevitable (and sometimes painful) experience for most forex players to find a right forex trading broker. With the tips given in this article, you should at least know what to look at. Remember, though, you can still make mistakes but don't get frustrated. Sometimes, we just grow out of try and error.

In case you are searching for a forex trading broker, make sure you visit us to find out more. While you are at our site, you can also take some free online forex course just to warm up. So, take your time!

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Stock Market Investment Strategy

2008-05-12T17:30:00.000-07:00

Stock Market Investment Strategy

By: Linda Stetson

Strategic Moves on Stock Market Investment
Stock market investment is a risky stance, but it should not stop any aspiring investor from taking the first step. The choice to make the stock market endeavor succeed lies upon the investor.
1. Knowledge
A wise investor would only delve into stock market investment upon being apprised with the necessary and crucial information. It is a must to invest on companies only upon learning everything about it, from its past records, current performance and future plans.
Stock market investment advice should be sought considering the difficulty of locating that right stock that will give big returns. The investor must fully know the fundamental value of the stock he or she will buy.
Invest in a company which belongs to a familiar industry. The stock market investor must have a good understanding of the business in order to realize more the value of the stocks. This will also make the investor less dependent to analysts and advisers.

The sources of information to rely upon must be carefully chosen too. Tips offered in the market should be avoided as much as possible. These are usually given by people with vested interests.
2. Long-term goal
An important consideration in stock market investment is setting a long-term goal. The long-term goal would determine the approaches to be taken and influence the decisions to be made.
The adherence to that goal would ensure regularity in instances of indecision when the stock market gyration comes to play. It would avoid whimsical decisions adversely disturbing the finances. A long-term goal could result to a more stable financial future through steady purchases investments. The key word here is consistency.
3. Calculated Risks
There are risks in any business endeavors. However, this must be calculated to minimize the probability of loss and to increase the expectation of profits. Speculating is not an option.

Never gamble and risk losing big money in the stock market. Investments should not rake in huge losses. It is easy to buy stocks, but money lost would be difficult to gain back. One cannot afford costly mistakes.
The established system in realizing the long-term goal must be strictly followed then. This will reduce the probability of putting too much money just to incur big losses.
5. Discipline
To make the most of the stock market investment, the investor himself must possess the proper determination and discipline to continually persevere in realizing the long-term goals set.
Stock market investment today requires passion and courage to come out as a winner. The stock market gives the opportunities; all that is required of the investor is being prudent.

As a financial and investment consultant I have my own website in http://www.comingmarket.com You can find more tips & trick there.

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Forex and its strategies

2008-05-05T19:02:00.001-07:00

Forex and its strategies

By: Marco Nn

Forex or FX, no matter how you may call it, it all refers to foreign exchange. Forex basically deals with buying and selling of currencies, or in other words currency trading that is made available at the ongoing price in market. It involves investing money in the foreign currencies and earning profit by selling them at the higher price. That is to say, that you are extending the one you are holding, only to buy the other one for a lower price.

Forex trading market can also be termed as the largest financial market of the world and thereby also makes available the most lucrative options as well. Also, with technological advancements, forex trading signals can be accessed online. It is the introduction of these forex signals that have increased its popularity considerably, as it is readily accessible at the comfort of the home of various investors. There are various companies that provide forex trading signals over the Internet. For this, a person first has to sign himself up with the website of that company and submit a yearly or monthly fee as these services are made available on paid basis only. Most websites that offer a trading platform makes available the forex signal trading system. This involves sending of newsletters about the daily market trends by a professional broker, trader or a market analyst to its members. These are very helpful as the basic purpose of every trader is to provide profitable deals in forex by utilizing all the information that is made available to him. There are different prices that are charged for these forex signals services and the services are also made available accordingly. While some of them will send the email, others will keep you updated by its forex alerts via cell phones. Live charts are another feature that is made available in some higher subscription services. Generally the minimum amount of subscription is a minimum of $100.

Though forex is a highly lucrative market, still it has equal risk involved, so it is important to have forex strategy system to ensure that you are not losing more than earning. Optimization of risk in accordance to your reward is important to make sure that you into successful trading. Every forex trading strategy must follow a disciplined approach along with taking risks. That is to say, limiting the risk, while making the best and the most constructive market moves possible is essential to become a successful trader.

Another technical analysis or forex trading strategy is the one that involves deriving "resistance" and "support" levels. The base for this is that forex market will generally trade below its level of resistance and also above its levels of support. In case the resistance or support level is wrecked, the market is also anticipated to follow the same direction at that time. These levels can be decided by assessing the resistance in previous years, unbroken support in the market and by analyzing its chart. Hence, to become a successful trader it is better to follow forex strategy system.

http://www.connection2forex.com

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Stock Market Secret

2008-05-05T19:02:00.000-07:00

Stock Market Secret

By: Chris Jones

Want to know a trading secret that can make you rich? This secret has been used for a long time by some of the top traders. You might wonder why these traders would be so secretive, and not share their great knowledge with all of us. Well, to be honest, they have shared it with us. Many times they spoke about, and wrote about this trading rule.

W. D. Gann said "You can make a fortune by following this one rule alone."

Burton Pugh called it "one of the most valuable of market habits and the trader should follow and profit by this most dependable of all market laws."

So, why doesn't everybody listen to these great sages of Wall Street? To tell you the truth I don't know, it could be because this trading rule is so simple that it gets overlooked. I find that people often think that if something is this simple it couldn't possibly work. Well, I have some advice for them. Don't over complicate things, "KISS" (Keep It Simple Silly).

So, do you want to know what this great Stock Market secret is? It's the 50 of the previous price movement. This rule works in both upward trending and downward trending markets.

Let's imagine that ABC stock started its most recent run at $10 and moved up to $20 before it began to pull back. A buy order would be put at $15 (50 retracement. Some of you will recognize these as Fibonacci Retracement Lines, and you would be correct. Traders used the 50 mark. No, sometimes price might not make it all the way to the 50 and 62 rule will not apply.

Most charting services have a Fibonacci Retracement Tool that draws the 38, and 62 rule in mind. Check for it on historical charts. You will be amazed how often it occurs and how well it works.

Chris F Jones is owner of Stocks-n-Option.com. A site dedicated to the education of stock and option traders.

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The Importance of Forex Signals to Traders

2008-05-05T19:00:00.000-07:00

The Importance of Forex Signals to Traders

By: Vikram Kumar

There are a lot of things that you have to know about when you enter the industry of forex trading. One of these is forex signals, which is also called trade signals or forex exchange signals. When you are able to comprehend what these signals are all about, it will be easy for you to comprehend other forex details. Generally, trade signals are feeds of information which come from various trading sources. In the late 19th century towards the 60’s, these signals have been usually communicated by way of ticker gadgets which utilize a telegraph. This method is followed by the radio and telephone. Most of the sent data is comprised of price quotes for currencies or stocks for a given time period. The data is limited because of the limitations of their technology.

As technology keeps on advancing, computer networks have been incorporated with the tickers. With this development, there have been different types of data available for forex traders to study, analyze, and use. However, only the traders with enough capital have been able to gain access to these computer networks. But for the past years, small capital traders have been able to access information on trade signals. This is due to the lessened prices and greater accessibility of computer networks. This is paired with the high level of Internet technology for several years now. If you want to obtain forex signals from the most reputable companies, you can look them up through the directory of forex Listing.

Forex Listing is a one-stop website where you can find links to numerous providers and companies. These providers and companies can supply you with various information regarding matters within the forex market, with the inclusion of forex signals. When you avail of the services of a specific organization, you will be supplied with a trading system or model. Either of these is able to indicate the direction of the market trend. On the other hand, you will be provided with constant updates, live price quotes, and free or charged chart analysis. There are some companies which offer intra-day 24 –hour trend charts to its clients. These charts will be given for four primary currency pairs, such as the pairing of the Euro and the dollar. You can receive forex signals through your mobile phone or your pager. This is very convenient if you have other things to do besides wait for possible buy and sell signals.

Forex Listing has links to companies which offer more than forex signals. When you look up its directory, you will be able to search for central banks. These banks belong to categories like international economic organizations, major central banks, reserve banks within the United States, and world central banks. If you want to look for forex brokers, you can widen your search globally. Or else, you can limit it within your country or your continent. Forexlisting.com also provides analysis forecasts and charts. You can even find currency conversion tables and calculators from different providers. What is more, you will be able to avail of education or training if you want to know more about forex trading.

Forex Listing has links to companies which offer more than forex signals. There are a lot of things that you have to know about when you enter the industry of Forex trading .

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Forex News Trading

2008-05-02T17:14:00.000-07:00

Forex News Trading

By: Daniel Spivey

Forex news trading is a technique of trading by purely depending on the news and figures released daily. It does not involve any technical expertise. There are a plethora of news sources. From TV channels, to internet bulletins, Forex news trading has conquered it all. There are several currencies that are involved in Forex trading. Some major currencies are the USD, GBP, Australian Dollar, New Zealand Dollar, Japanese Yen, Euro and the Swiss Franc. Currency pair trading is possible 24 hrs a day and the typical Forex news trader will watch out for news regarding these currencies. A good trader will immediately jump at the market, if there be any fall in the rates of buying.

There is a very important concept to be understood here. The news that you see, is seen by a million others, around the world. They all see the same news. They all trade in the same arena. They all have their perspectives on what they think will be the market’s behavior, based on the same news that you are seeing. It is important to not blindly believe what is shown in the news. Just because CNN says so, does not mean it is true. That is only for the millions of Will Rogers around the world.

Forex figures and rates keep changing every second and all the trading that is done, based on these momentary stats, cannot be successful. The key to successful news trading is making optimum use of these momentary fluctuations. The golden rule to this kind of trading is to track only a certain currency pair and not all the currency pairs in the market. Overloading yourself with information can be highly detrimental to trading. Keep yourself focused on a particular purchase, and keep yourself abreast with the latest up-to-the-minute facts and figures of the pair. This news can be tracked online at the Reuters website. Restrict yourself from overtrading, especially when you are not so high on capital investment. The market’s stability can be undone in a matter of seconds so it is important to pounce on any possible momentary profits that you come across. If you act properly, you can earn a lot through news trading.

One downside to Forex news trading is that if an influential investor has already had prior access to the news regarding the momentary fluctuations and if he has already capitalized on it, then the market might adjust itself to the news a tad too early and this will leave the other investors no time to act, thus leading to severe loss, often forcing them out of the market. So effectively, the market adjusts itself to the news that you see, in a matter of seconds. This is the reason why the news trading market is a very volatile one. It is very risky and should not be ventured into, unless you are strong on capital. My verdict: If you do not have that extra Dollar to lose, don’t try Forex News Trading. Play safe.

Try using our latest Forex news site to be up to date with the currency market. Consult our interest rate table to find out more about the fundamental value of currencies.

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Mechanical Forex Trading Systems - A FREE One That's Made Massive Profits!

2008-05-02T17:13:00.000-07:00

Mechanical Forex Trading Systems - A FREE One That's Made Massive Profits!

By: Kelly Price

Of course, you can buy one of the numerous mechanical trading systems advertised by vendors (all with simulated track records) or you can use this one - that's FREE and made users millions. How it works is outlined in this article and it's a great way to make forex profits.

This system is simple so simple in fact that you will have no problem understanding how and why it works - don't confuse the fact that it's simple with its profit making ability. Some of the world's top traders have used it and made a killing.

The system was developed back in the seventies, to trade commodity markets by a trading legend - Richard Donchian, who is considered the father of modern trend following.

It was originally devised to take advantage of the four week cycle in commodity markets that also exists in currency markets.

It's called the four week rule and here is the rule:

Liquidate short positions and open long position when a price exceeds the highs of the previous 4 calendar weeks. Liquidate long positions and open short position when a price falls below the lows of the previous 4 calendar weeks.

How simple is that?

VERY - but back test it and you will see it works well on trending markets and currencies trend well. Its problem emerges when markets don't trend, so add this filter:

Eenter positions on the 4 week rule and exit the position on a shorter time frame. Time frames that are frequently used are 1 or 2 weeks. You then simply re enter on the 4 week rule.

That's it!

It works try it - but most forex traders won't use it - Why?

Because it's to Simple

Traders dismiss it straight away - but trading legends such as Richard Dennis have used it so you should consider it - if it's good enough for one of the greatest traders of all time - then its good enough for you.

It's not trendy

Today we have neural networks, Fibonacci systems, artificial intelligence and there more trendy and buzzy than this simple system. Traders like to think they can beat the markets, with trendy systems - but they can't.

It's Not Fussy about Market Timing

True - it doesn't buy market tops or bottoms and most traders are obsessed with prediction and of course prediction doesn't work - it's another word for hoping or guessing. This forex mechanical trading system works on the reality of price change and trades the truth - most traders hate doing this, despite the fact it's the only way to make money.

It's Takes Discipline to Follow

Most traders lack discipline and when a forex trading system is so mechanical and so un fussy about timing they can't do it and throw in the towel.

This mechanical forex trading system works and is based on breakout methodology which is a proven way to make money - if you use it, you will find that you have a free system that will beat 99% of the junk systems sold on the net, with worthless simulated back tested track records.

If you use this forex mechanical trading system you will get a head start on your way to long term profits.

NEW! 2 X FREE ESSENTIAL TRADER PDFS PROFESSIONAL FOREX TRADING COURSE For free 2 x trading Pdf's with 90 of pages of essential info and more on Mechanical Forex Trading Systems visit our website at: http://www.learncurrencytradingonline.com

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Look for a Forex Broker through Forex Listing

2008-04-30T06:42:00.000-07:00

Look for a Forex Broker through Forex Listing

By: Vikram Kumar

When you are thinking of venturing into forex trading, the first thing that you need to do is to begin trading with a forex broker. There are a lot of brokers who can provide you with a demonstration account. These brokers are found over the web, and they will be able to determine whether you are equipped with the proper skills appropriate for a successful currency trading. Since there are hundreds of brokers on the Internet, it would be best if you look for a forex broker through a directory. Forex listing is one website which offers a forex directory to individuals who are interested with this market. The directory of the site is comprised of thousands of links to providers who offer useful information regarding the forex market. Some of the sites are located locally. There are some which are found throughout the nation while others are international providers.

Your forex broker can either be a company or an individual. He or it will carry out your trades for you. Brokers are important pieces of your forex strategies. When you look for a broker, you have to know that they will charge you for the services that they are offering. Forex brokers are different from stockbrokers. The latter charge their clients through a commission. On the other hand, the former earns income through asking price and bid differences. The most ideal forex broker is one who asks for a pip spread of 2 to 3. When they ask for more than 5 pips, you have to avoid them since they are charging too much.

If you search through the directory of forex listing, you will be provided with a forex broker through various categories. Some of these brokers are found globally, some are based in the United States, while there are some who are based in the United Kingdom. You can also locate brokers in Europe, within the Middle East, Asia-Pacific, the Caribbean Islands, Africa, and other places. No matter where you are in the world, you will be able to find a forex broker to help you with your currency trading investment.

When looking for a forex broker, you need to check out the trading platform of different brokers. This platform is a software tool from where you conduct your currency trades. Opt for a broker who offers a platform which is easy to use and friendly. In order to know whether the software is easy to handle, you can try out those which are found in demonstration accounts. There are brokers who allow you to avail of a software application which can be downloaded on your computer. On the other hand, there are some brokers who provide a web-based platform. When you go for the latter, you will be able to use it even if you are using another computer. When it comes to downloadable platforms, these are easier and faster to use. It is up to you which you want to try out before you take a pick from hundreds of forex brokers.

When you are thinking of venturing into Forex trading , the first thing that you need to do is to begin trading with a forex broker .

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Best Forex Training - Forex Training With A Log

2008-04-24T16:43:00.000-07:00

Best Forex Training - Forex Training With A Log

By: Harold Hsu

Amateur traders often look to external sources for the best Forex training opportunities. They try to find the latest ‘systems’ and purchase hundreds of dollars worth of books and videos. But one important (not to mention free) source that they often ignore is their own trading log.

Many traders know that they should keep a log (or record) of their own trading activities. But what kind of information should they keep, and how will that information help them improve on their trading?

Log Entry Detail #1 - Entry and Exit reasons

One of the most important details to keep is the reason(s) for entering or exiting your trades. If you entered a trade (for whatever reason), and you made money, you may then go back to analyze what went right for you. However, if you lost money on that trade, then you can also go back and think about how you could have done things differently.

Without a record of your trade entry or exit reasons, you won’t know what went wrong or what went right. Many retail traders keep making the same mistakes over and over again because they don’t know what they’re doing wrong… there’s no way for them to know because they don’t keep a trading log!

Log Entry Detail #2 - Your Feelings When Trading

Many traders who keep a trading log unfortunately don’t keep a record of this detail. They enter into their logs only objective information: entry/exit criteria, lot size, as well as the time and date. All these are facts that can be verified.

But they leave out the one important subjective piece of information: their feelings before, during and after a trade. As a human being, emotions play a big part in influencing the decisions that we make; and in the world of Forex trading this is no different.

It’s important to be aware of our own feelings when trading, so that when we look back to reflect on what we could have improved, we can better remember how we felt when trading at the time.

Were you confident before entering into the trade? What about just after the trade? Did you have any feelings of regret that influenced you into prematurely exit a trade? Or did you feel that prices were certain to go up again, and thus held onto a worsening short position?

Keeping a record of your feelings will help you become more aware of your psychological state when trading. This can be very useful in identifying your own trading patterns and behaviour, so that you can improve on them.

To learn more, Click Here to download my free 26-page guide, "Forex Trading Traps!"

Harold Hsu is the owner of ForexSystemProfits.com where he provides premium Forex trading tips and resources.

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A Few Ways To Find Out The Mutual Fund Performance

2008-04-19T17:30:00.001-07:00

A Few Ways To Find Out The Mutual Fund Performance

By: Muna Wa Wanjiru

Mutual funds allow people to invest their money in a way that will provide them with future benefits. When you are looking at a mutual fund in which you can invest in you may wish to look at several different ones. The mutual fund performance will help you to see what stocks and bonds work well in the market as compared to others. You can also find more help with this answer in various financial news articles.

One such article or guide that you may find to be useful is that of the Morningstar review. The review will have the latest market news which will indicate how a mutual fund performance has gone. You will also need to look at various other factors before you make any type of commitment about a mutual fund that you have seen.

These factors are the price you need to pay to buy and sell your stocks and bonds. The type of load that you are signing up for and also the other administrative expenses you will be expected to help out with. In looking at the mutual fund performance you should consider how your tax bill will be affected.

The tax bill is likely to be affected by a capital gains distribution. You can use various online mutual funds calculators to find what these tax costs are likely to be. The other item that should be investigated in a mutual fund performance evaluation is that of the volatility. When you are thinking of investing in mutual funds you want the stocks that you have chosen to be relatively stable.

The choice of a volatile mutual fund will only spell higher risks for you. The best way to know if any given mutual funds have a tendency to volatility is by reading the funds annual reports and prospectuses. You should also compare the yearly performance figures. All of this information will inform you if various companies that you are looking into have the ability to weather the stock market with ease or if there are drastic ups and down periods of investment.

Another way to find out the mutual fund performance is to ask about any changes which may have occurred. These changes will include a change of personnel or the investment advisor that you were working with is no longer available. All of these minor changes have the ability of affecting the outlook of your mutual fund.

Therefore before you choose to invest with any mutual funds group it is always best to see what the mutual fund performance of this company is like. This knowledge is vital to getting the best deal on mutual funds that you can.

Muna wa Wanjiru is a Web Administrator and Has Been Researching and Reporting on Mutual Funds for Years. For More Information on Mutual Fund Performance, Visit His Site at Mutual Fund PerformanceI Will Highly Appreciate Your Views About Mutual Fund Performance On My Blog Here Mutual Fund Performance

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The penny stock crystal ball!

2008-04-19T17:30:00.000-07:00

The penny stock crystal ball!

By: Folusho Orokunle

All of us would love to get our hands on a crystal ball that predicts the movements of the stock markets accurately. Well, at least that is what Michael Cohen is claiming to do so with the help of a robot. This may sound to some like right out of a science fiction novel, but it is all real and believe it or not the robot that does this is called Mari. The robot is alleged to have predicted the movements of the day trading of the penny stocks.

Michael, while working for Goldman Sachs, had developed a computer stock trading model and now working along similar lines, Michael has developed this robot that helps to predict the day trading penny stocks accurately. Michael sends out the predictions in the form of a newsletter to all of his clients and most of his forecasts are alleged to be on the dot. The newsletter gives all the details regarding the penny stocks and their movements or trends for the day.

Mari, a software program has been designed to function more on the penny stocks than anything else. As a result, Mari is able to predict which of the penny stocks are going bullish and which are not. Since the stocks are penny stocks the risk factor is minimal and the chances for success are quite high. It takes only a little amount of common sense to realize that one can just cycle the profit back into the stocks to ensure further growth. There are many a program that have been developed to take a reading on the stock markets, but such programs generally tend to concentrate more on the big guys than the little ones, as a result Mari is one of the main predictors where the penny stocks are concerned. One can try out Mari free for 8 weeks and then if one is satisfied, one can make the purchase.

In my personal opinion, stock trading is never without its share of risk. If you have not traded in penny stocks before, then I would advice a slow cautious approach to see if this is for you. Their 8-week trial offer is undoubtedly the best option for such attempts. Play with small money first, see if it works for you, then invest big. Risk and reward are always inversely proportional, however, the smart people at the ones that use good information and experience the risk themselves, which in-turn minimizes it. Since the risk in this program is relatively low, as we get to deal only with the penny stocks, one should give this program a try just to see if we can make a quick penny and then turn it to dollars!

Folusho Orokunle has written over a 1000 articles about Internet Marketing such as Doubling Stocks review and Millionaire League review

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Forex Bargainer Training - You Must Register This If You Occupation Stocks

2008-04-11T16:28:00.000-07:00

Forex Bargainer Training - You Must Register This If You Occupation Stocks

If you've been flourishing trading stocks and now like to try your aggregation in the Forex marketplace, gratify interpret this article before you retrogress the shirt on your confirm. Patch it may be tempting to guess that both markets are connatural, in realness they are worlds apart.

I personally screw a thriving acquire trader who had unregenerated many than $150,000 in the Forex industry before he admitted to himself that he didn't couple what he was doing. Don't be similar this someone. In this article, I leave deal 2 of the primary differences between the Forex and certificate markets so you can change your trading patterns accordingly.

Disagreement 1: Trading hours

This strength seem overt to you, but you'd be stunned at the assort of group who change Forex at the wicked period of the day!

Certain, most people fuck that the Forex industry is country 24 hours... but what they don't undergo is that not every azygous one of those 24 hours is a opportune quantify to swap.

Mostly, the foremost present to interchange in the Forex market are present when liquidity is soaring. These are typically present during the U.S. and Writer market trading hours. All additional trading minute periods someone relatively move liquidity and can be a bad clip to follow into trades.

Conflict 2: Irresolution

In the stockpile industry, full irresolution commonly capital that the damage of a regular is either skyrocketing, or plunging felled apace. Timber prices rarely vacillate up and thrown in big swings.

In the Forex marketplace nevertheless, gear irresoluteness unremarkably substance largish up and trailing price swings. Now, I know how both grouping faculty say "but you can works profit from soprano swings, just?" Piece one can technically patronage toll swings, this involves a squealing destroy of skillfulness to execute. Unless you're an skillful trader or institutional merchandiser, trading soprano swings is a highly venturous Thus, stay in intellectual that irresolution in the lumber and Forex markets oft nasty polar things. Conform your trades accordingly and you'll see forthwith see improvements in your trading results.

Forex Dealer Breeding - Avoiding The Market Sharks

2008-04-11T16:25:00.000-07:00

Forex Dealer Breeding - Avoiding The Market Sharks

I'm certain you undergo by now that author than 90% of retail traders are overall losers in the activity. Why is this so? Is the Forex industry really that tight to realise from?

Unluckily, the fulfil is yes.

Still, it's not honorable the kinetics of the industry that makes it tough for retail traders to kind money. One vista of Forex trading that some inexpert traders don't pay sufficiency tending to is the personation of the institutional traders. These are the 'sharks' of the mart and they predate on trustful (and unlettered) traders.

Who Are These 'Sharks'?

Mostly, these 'sharks' are traders of worldwide phytologist and large business organizations specified as inclose assets. Since most of the regular Forex trading production is transacted between speculators (as anti to hedgers and midway botanist), this allows for plentitude of possibility for the 'sharks' to criticise off unconscious retail traders.

What Advantages Do These 'Sharks' Know?

They possess the most modern profession and old traders that money can buy. These uninteresting traders mortal the brains AND the resources to soak you out of the activity when you smallest look it. With the extensive production of assets at their disposal, these traders hump the capacity to impact market prices in the small constituent, forcing your catch losses to lever.

How Can I Desist These 'Sharks'?

Tho' there are no bad and quick rules, you'd generally essential to abstain placing your place orders at tangible validation or opposition points. Numerous veteran traders also advocate widening your stoppage placements, provided your money management rules are plant intact of instruction.

Other way to refrain ingestion your money to the 'sharks' is to dealings only during periods of tall liquidity much as the Writer trading meeting or New York trading term. The broad liquidity of the mart during these present change it solon expensive (thus harder) for the institutional traders to wangle prices.

Forex Merchandiser Preparation - Feat That Trading Strip

2008-04-03T18:54:00.000-07:00

Forex Merchandiser Preparation - Feat That Trading Strip

If you've through your schoolwork on retail Forex trading, you'll originate to actualise that the marketplace is geared to change you retrograde money.

The big financial institutions around the earth human all the indispensable fallible talent, engineering and resources to 'trail' for your money, and let's not lose the small pip spreads that they relish. Add to this the fact that galore brokers score been acknowledged to class against their clients (i.e. action anti business positions), and you'll score every reasonableness to veneration for the amount your money.

Behave to your strengths

That's why it's alpha that you change an border in the way you business to bear the installation. You'll need to eff benefit of your role as a retail dealer, to avoid falling work to the big institutional traders. Modification to your strengths as a retail dealer!

Powerfulness 1 - No Pushing To Fulfil

Unequal institutional traders who are constantly low somaesthesia to accomplish, retail traders (equivalent you and me) hit the luxuriousness of cherry-picking the trades with the maximal successful amount. The intention here is to succeed into few, but author potentially utile trades.

The author traders you succeed, the writer adventure you make the institutional traders to have your money. Don't break them any much opportunities.

Posture 2 - Immature And Nimble

Unequal uninteresting traders who possess to class with hundreds of thousands of dollars (or author), retail traders typically business with often small amounts of money. This enables us to receive from lower slippage and gives us the opportunity to copulate on most damage trends, since our trades mostly won't influence prices.

This agency that retail traders are healthy to quickly succeed and opening the activity for slim (but hurried) profits. This is an extent where few institutional traders can go. Because of the unmingled size of the funds they transaction, uninteresting traders rarely possess the possibility to propose in and out of their positions speedily. Use this to your welfare.

Forex Education - A Lesson from History for Forex Success

2008-03-19T19:55:00.001-07:00

Forex Education - A Lesson from History for Forex Success

By: Kelly Price

Here we are going to look at the story of "the turtles". If you don't know who they were, then you should study this group of traders, as learned to trade in just 14 days and made $100 million, in just 4 years! There is much to learn and it's an inspiring story, so let's look at it.

The story begins in 1983, when trading legend Richard Dennis decided to prove that anyone could be a trader, if they had the right mindset, the right education and the right trading system.

He picked a group of people who had never traded before.

This group consisted of both sexes, various ages and various levels of academic achievement and variety of occupations from a security guard to a boy fresh from school.

He then set about teaching them to trade in 14 days.

He set them up with trading accounts and the results were astounding:

This group of traders went on to make $100 million in four years and many went on to become trading legends.

So what can you learn from the experiment?

The first lesson is, anyone has the potential to be a successful trader and every thing about currency trading can be learned.

Secondly, if you have the right forex education you can do it quickly, 14 days is not a long time to learn any trade!

Hang on! - You maybe saying:

If everyone can learn to trade, why do 95% of forex traders wipe out their accounts?

When Dennis taught the turtles, he used a simple method - but he rammed home two:

1. You need to have mental discipline to follow any system because if you don't, you have no method at all. He made sure that the traders knew exactly how and why the system worked, to give them the confidence and discipline to follow it.

Most traders simply never get confidence in what their doing, as they follow others or simply have no well thought out forex trading strategy and trade with their emotions.

2. Dennis also taught the traders to play great defence first. This meant strict money management to protect their equity above all else.

Just like any great football team you build from the back.

There is no point in having a great offensive line, if your backs can't protect you and it's the same in trading.

The Key Combination

Dennis essentially knew that you can teach anyone a trading system - but that's not enough, you need to combine this with mental discipline.

A lot is written about discipline in trading yet, few new traders really understand how hard it is to maintain it.

To keep executing a trading system when it's losing is tough!

Of course all systems will lose and you have to have the confidence, discipline and money management in place to ride the period out.

Could You Be Successful?

The story of the turtles actually inspired me to trade back in the eighties.

The reason it's so inspiring is because it shows anyone can make money with the right mindset and the right education.

Sure not everyone is going to become as rich as "the turtles" - but the opportunity exists and everyone can earn an income that more than compensates for the effort.

So the moral of the story is work smart, get a simple system, have confidence in it and apply it with discipline - if you can do that your on the road to currency trading success and a life changing income.

NEW! 2 X FREE ESSENTIAL TRADER PDFS For free 2 x trading Pdf's with 90 of pages of essential info and an exclusive currency trading course visit our website at: http://www.learncurrencytradingonline.com

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5 Forex Trading Myths

2008-03-19T19:55:00.000-07:00

5 Forex Trading Myths

By: John Baker

1 – If I trade stocks successfully, I will make money in Forex

Despite the fact you are successful in the stock market, this does not imply that you’ll be successful in the Forex market. There are a lot of differences between the stock market and the Forex market. First of all, the Forex market is open 24 hours a day. This requires a lot more complexity and work. As you know, you cannot be in front of your computer 24 hours a day. You’ll have to figure out the best time periods to trade so that you can be successful. Also, you need volatility. And here’s another problem with the Forex market. There are periods of very high volatility and very low volatility. This difference is much higher in this market than on stocks. You may think that as the Forex market is open 24 hours a day, you can day trade whenever you want. You just need to turn on your computer and there it is… a trade just for you. Well, that’s not even close to the reality. This may happen from time to time but it’s not frequent. You need to develop a good strategy. The last point I need to focus is a real important one. If you want to trade Forex you need to find a good forex broker. Well, this isn’t a simple task as in the stock market because this market is not regulated. This means that there are a lot of brokers that don’t act in the best interest of their clients. Be ready to spend quite some time finding a solid broker that fits your needs.

2 – If the Forex market is open 24 hours a day, I can make a profit whenever I want

Well, not quite… As you know, to make a trade, a trader needs volatility. The volatility can appear anywhere within the 24 hours. As you cannot be in front of your computer all the time, this makes your work harder. First of all, you need to figure out the best time to trade (where volatility usually appears) and you also need to adjust your strategy to this period.

3 – I don’t have to pay commissions in the Forex market

You don’t have to pay commissions but you have to pay the spread. The spread is the difference between the bid and the ask of the currency pair you want to trade. Sometimes, these fees are not so cheap. If you plan to be day trading, you’ll see a major part of your profits to be left for the broker.

4 – In order to be profitable in the Forex market, I need to predict what will happen

As Forex is a complex market, you need to constantly learn and evolve as a trader. This does not mean you have to predict; this means you have to react and react fast. As a trader, you need to access charts but also need to access to all the information you can. The more information you have, the better your response will be when something, good or bad, happens in the market.

5 – I’ll be more successful if I use a more complex strategy

This is clearly a myth. Simple things work better in life as well in Forex. If when you’re defining your strategy you use 3 indicators, I bet most of the times there will be one that goes against the others. Try do define a good but also a simple strategy.

John Baker is the editor at http://www.ForexTopTen.com. By visiting the website http://www.forextopten.com you can read forex traders reviews about forex trading systems, trading courses, ebooks, softwares and brokers.

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Seeking Support As A Stock, Options And Forex Trader

2008-03-19T19:54:00.000-07:00

Seeking Support As A Stock, Options And Forex Trader

By: Dean Whittingham

It's been said many a time, trading is a lonely business. The truth to this statement lies in the support you seek. For many, trading will be a lonely business, but it may also be a frustrating one.

Seeking support from others is actually a natural process, and also a reciprocating affair. You should seek others support with the intention of having a mutual friendship, but also to make yourself accountable.

If you know what you're supposed to be doing with your trading but you aren't because you lack discipline, then you may need to find a few people to make you accountable. In other words, you list 10 things you're supposed to do this week, and tell them. If you break any of your rules, or don't do these 10 things, then you must confess. A forum is a great place to find these sorts of people, but do bear in mind, you must know what you want. Those that float aimlessly in trading can also bring other traders down with them.

Floating aimlessly in trading is the same as floating aimlessly through life. If you don't know what you want, where on earth are you going to go? Nowhere, you just float with no direction. This is a terrible curse to have, especially in the field of business.

Trading is a business and as such must be treated like one. If you decide to go into business for yourself, I would assume that you would put a lot of planning into it. You're probably going to try and seek help from professionals such as accountants and so on, but you also should seek support.

If you have family to support you, all good. If you don't then get out there and find people with similar ambitions. It's not hard, every major city throughout the world has groups of people who get together and discuss trading. Meeting with such people on a regular basis can aid you greatly in your planning and execution.

But most of all, have fun. I meet up with several groups and sometimes we don't even discuss trading. We'll start talking about something else, and before we know it, it's late. It's the bonding between a group of people that can have an uplifting effect on each individual....

Dean Thomas Whittingham created A Traders Universe - Trading System Development in 2005 as a resource site for traders of all levels, with eduction, courses, brokers, tips, free videos, newsletters, trading systems, simulations and a free 7 step process for building a profitable stock, futures or forex trading system.

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Gold is a Timeless Investment

2008-03-18T18:42:00.000-07:00

Gold is a Timeless Investment

By: Gary Giardina

In 1974 President Gerald Ford lifted a forty year ban where it was illegal to own hoards of gold. This ban was put in place by Franklin D. Rossevelt in 1933.People were able to buy gold and trade gold as a commodity.

This all happened after the great depression. Foreign banks, who were afraid of the failing economy, were turning in their paper money in exchange for gold. The gold supply was being depleted in the US.S. Reserve. Up until then the United States had been on the gold standard. Many dollar bills, like the fifty, were printed with a yellow back which indicated it could be turned in for the gold rate.

The Executive Order 6102 made it illegal for anyone to own more than $100 worth of gold. Citizens had to turn in their gold in exchange for paper money. The gold coins were melted down into bars by the U.S. Treasury department. This was done to keep the U.S. Overseas market avoid panic and keep the dollar afloat. The tactic worked.

However, not everyone turned in their gold coins. Private collections still have a few. Sought after by collectors these coins are considered rare. Certain $20 gold coins can range in value from $500 to over $20,000 depending on the marks and condition of the coin.

Gold is a timeless investment. The value has gone up considerably more and more over the years. Supply and demand law is the reason why. The mines are not producing enough gold to satisfy the demand. The prices were stable because the banks were selling their reserves. Now that they are holding on to the gold and the demand has increased, the prices are climbing. It is expected to peak at about $1,000 per troy ounce by mid summer of 2008.

The U.S. Treasury is producing the gold eagle coin. This 1 troy ounce coin has a face value of $50. This is enabling anyone who wants to invest in gold to do so. The coins are also available in the ½ ounce, ¼ ounce, and 1/10 ounce varieties as well. Being able to invest in the gold market has finally become possible for the middle class. Many people are finding it worth the investment.

Investing in gold is a wise choice. Going up is the direction of the price. The demand is also growing. The ability to have it with you and easily transport it is a benefit. The fact that it is a tangible product that never loses value is the best reason to invest in gold. Now that the U.S. Treasury has made the coins available on the open market, anyone who ever thought of investing in gold can do so.

For more information please visit http://goldinvestingsite.com/ Gary Giardina

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How To Pick The Best Stocks To Buy

2008-03-18T18:41:00.000-07:00

How To Pick The Best Stocks To Buy

By: Anna Coulling

Learning how to pick the best stocks to buy can be a daunting process, even for those who have been trading for some time, but this need not be the case, and the first question we need to ask ourselves is 'why we are buying?' For example an investor looking to buy and hold for 5 to 10 years would have a very different selection criteria to a short term day trader, or an equity option writer. So before rushing in to buy our stocks we need to have a very clear idea of our goals and objectives for the stocks we are proposing to buy. For the purposes of this article I am assuming that we are looking for stocks for a medium to longer term buy and hold strategy.

As a full time, mainly technical trader, I have found over the years that the simpler the system for selecting suitable stocks the better, and the good news is that virtually all the information needed to select the best stocks to buy is now freely available on the internet. All that is required is some effort, a bit of hard work and lots of practice. The approach I use to identify good stocks to buy is largely a technical one, but does also include elements of fundamental analysis at the macro level. The process is fully explained on my websites but the principals are as follows:

The first step to consider is the economy of the country where you are investing, as some stocks and sectors perform better in recession, than in expansion, and vice versa. As an example, utility stocks generally perform well in early recession as the professional money is looking for safe stocks with guaranteed income streams. Having done this the next stage is to look at the main indices of the country and to establish a long term view from the charts. In the US this would be the S&P500 or Dow Jones 30, and in the UK the FTSE100, 250 or 350. We then start to drill down into the sectors, looking for stocks that are performing well and in a long term uptrend. The only indicators I use at this stage are volume, and simple moving averages. I am looking for unusual volume patterns, in combination with specific candlestick formations, as well as lines of support and resistance for signs of a breakout.

Having identified some possible prospects I then filter these on a daily basis looking for a 2% increase in price on the day. This 2% movement helps me to identify stocks which are active. The buying process has still not arrived as there are still a number of other factors which need to be investigated. These include earnings and dividend dates, and details of directors' dealings, as these may give clues or warning signals. Once I am satisfied I will then buy the number according to my money management rules (these details too are on my website). The final step is placing a stop loss in case the price trend reverses. In the early days of any stock purchase the number one priority is preseveration of capital.

In essence the whole process can be summed up as starting at the macro level and moving down to the micro in a series of stages, using both technical and fundamental data. It is an uncomplicated system but one which I have found to be extremely successful. For a novice investor or trader an excellent and risk free way to try out this strategy, as well as the quickest way to learn about the stock market, is by using a free online stock market game. These provide an excellent introduction to the world of stock trading, but without risking any real money when you start - it will however teach you how to manage and place trades, both long and short, as well as allowing you to place stop loss orders to manage your trades safely. Signing up is free, and best of all some of the games even offer prizes on a daily or weekly basis for the best performing stock portfolios - so you have nothing to lose (unlike the real markets!!)

Anna Coulling is a full time trader and investor, with a number of websites offering free information on how to trade and invest in a variety of financial markets. http://www.stock-market-games-free.com

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Forex Online Trading Platforms

2008-03-15T22:56:00.000-07:00

Forex Online Trading Platforms

By: Andrew Daigle

Unlike the stock market, the Forex market is generally an unregulated market with no central location for trading. Traders use the services of a Forex broker to participate in the market. In the U.S., legitimate Forex brokers are registered with one of the various regulatory agencies. If you are new to Forex trading systems, you must be careful to seek a registered broker and avoid off-exchange currency dealers and the scams that have evolved around the Forex market. Legitimate brokers may be found online and your chosen Forex broker should provide an online platform for you to trade on. Online platforms provide Forex trading systems with less costly trades and better accuracy in the pricing of currency pairs than conventional trading systems.

Technological advances in computers and the Internet are responsible to create a market of online Forex trading opportunities. The Internet has provided for market knowledge to be disseminated to the global Internet community. This information was traditionally limited to banks and other financial institutions. With the advances in online, real-time and near real-time information flows, you have access to market information in line with the banks and financial institutions. Even during periods of market volatility, online platforms are able to provide a consistent flow of quotes. However, many online platforms are disguised as Forex trading platforms when they are really frauds.

Some of the fraudulent online platforms that you should be careful to avoid, particularly if you are a new or inexperienced trader are fraudulent brokers, bookmakers and bucket shops. Fraudulent broker practices may include offering outrageous bid/ask spreads and requiring unreasonable commissions. They may promise profits and never deliver them or claim to be trading your money when, in reality, they have used the money for personal interests. They may also provide you with phony accounting statements that indicate profits they never made or they may attempt to lure you with phony stories of successful business relationships using fake customer names. The onus is on you to invest time and resources in locating a reputable broker.

Bookmakers are platforms established to bet on currencies. While this type of betting is perfectly legitimate in some states, it is not to be confused with Forex trading systems. In many cases, bucket shops are fraudulent platforms designed to cheat you out of money. Though they will claim to engage Forex trading, they have no connection to Forex. Their fraudulent schemes usually involve convincing you to invest in currency futures and options rather than the spot trading market that is Forex. Since the methods of futures and options trading provide for a broker to contractually engage in transactions over a period time, this scheme allows the frauds to collect more of your investment dollars for a longer period of time. The spot Forex market, on the other hand, is designed to provide simplicity and allow investors to enter and exit the market at will. There is no contractual obligation or lengthy time constraints.

Most online platforms are designed to run with Windows and most web browsers. In general, an online platform provides access to an order entry process and should have a method of displaying currently held positions, charts of monitored currency pairs and some itemized form of account data. You should also seek a platform that offers some method of backup and communication in the case of loss of access to the Internet.

Andrew Daigle is the creator and author of many successful websites including ForexBoost at http://www.ForexBoost.com and http://forex-trading-system.typepad.com , Free Forex Training Resource for the Novice and Advanced Forex trader.

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Forex Online Trading – What NOT To Believe

2008-03-12T21:18:00.001-07:00

Forex Online Trading – What NOT To Believe

By: Harold Hsu

Learning to trade Forex is not difficult at all. In my experience, it takes the average person about 10 days to learn enough to begin trading.

However, it’s a fact that almost 95% of all Forex traders fail to make any money!

One of the reasons, I believe, why so many retail traders lose money is because they buy into all the hype and unrealistic expectations that some unscrupulous Forex marketers want them to believe. This results in many traders not getting the right education and information in order to trade profitably.

The marketers want you to believe that there’s a "hidden secret" to profitable Forex trading. They want you to believe that there are top-level "underground" traders out there that hold the "holy grail" of Forex trading… and that they’re willing to sell it to you at a low price of under two hundred dollars.

Come on, who are they trying to kid? No one would possibly buy into this hogwash, would they?

Unfortunately, as much as common sense tells them this is probably too good to be true, thousands of people every month buy into these scam trading "systems". It’s sad, but it’s the truth.

In all honesty, there are no hidden secrets to successful Forex trading. Good trading involves logical, rational thinking coupled with hard work and discipline. That’s pretty much all you’ll need – not some super "black hat", mysterious "underground" trading system that will make you an instant millionaire.

But many people don’t like to hear about this truth because it just doesn’t sound sexy or exciting. They like to think that trading is like being in a casino – you just have to strike it rich once, and you’ll be set for life! Yeah, right.

So please, don’t fall into this way of thinking. Just put in the hard work, and be persistent. The rewards will pay off handsomely.

To learn more, download my free 26-page guide here: "Forex Trading Traps!" Harold Hsu is the owner of ForexSystemProfits.com where he provides premium Forex trading information and resources.

Article Source: http://www.ArticleBiz.com

Forex Trading Education - Trading The News

2008-03-12T21:18:00.000-07:00

Forex Trading Education - Trading The News

By: Harold Hsu

News trading is a popular tactic that many Forex retail traders will try sometime in their trading careers. However, not many people are aware of what it takes to trade the news successfully. In this short article, I will discuss the implications of news trading for retail traders like you and me.

What is news trading?

News trading (also known as ‘trading the news’) involves the entering into trades just before, or immediately after the release of important economic news announcements. Traders ‘trade the news’ because market prices tend to move up on good news, and move down on bad news. Important economic news announcements typically affect currency prices directly.

Why is news trading so popular?

The biggest reason for the popularity of news trading is the potential for large price movements in a very short period of time. Prices can move up to 100 pips (or more) in under a minute just after certain news is released.

The large profit potential is what lures most traders to take part in news trading. You can make a lot of money in a very short period of time.

But! News trading is dangerous

Indeed, with the large profit potential comes the possibility of a large loss. News trading is dangerous because if you’re caught on the wrong side of a trade, you can lose money so quickly that you won’t even have enough time to manually close your trades. Even stop loss orders are unreliable during news trading because of the high probability of suffering from slippage.

Should you news trade?

Honesty, I wouldn’t recommend anyone to news trade unless they’re absolutely sure about what they’re doing. Successful news trading requires one to first have superior (faster) news feeds and second to have uncanny reaction speeds to quickly enter your trades the moment news is announced.

Any other form of news trading such as placing limit orders on either above or below the market price is simply guessing. And if you’re guessing, you won’t survive very long in the market.

My advice for most retail traders would be to avoid news trading altogether.

To learn more, download my free 26-page guide here: "Forex Trading Traps!" Harold Hsu is the owner of www.ForexSystemProfits.com where he provides premium Forex trading tips and resources.

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Forex Basics - Why Trade Forex?

2008-03-12T21:17:00.000-07:00

Forex Basics - Why Trade Forex?

By: Harold Hsu

Many people wonder if they should be interested in the foreign exchange (currency) market. They ask, "Isn’t Forex something that only the big banks and hedge fund managers pay attention to?"

Well, these large market players are definitely interested in the Forex market, but that doesn’t mean that retail traders like you and I should ignore it! In fact, the Forex market gives retail traders significant advantages that many other financial markets can’t.

Diversification

For people who already trade or invest in other financial instruments, the currency market is an obvious choice for diversification purposes. We live in a risky world, and every day we hear about terrorist attacks or the failures of financial markets (such as the sub-prime mortgage crisis). As such, the Forex market provides an excellent alternative asset class to further hedge your overall investment portfolio risk.

High Liquidity

The Forex market is the largest financial market in the world, with an average of 3.2 trillion dollars transacted every single day. Thus, as opposed to stock trading (for example) where a lack of liquidity may pose a problem, the currency market is mostly able to meet your buy and sell orders, no matter the time you are trading at. The high liquidity also enables tighter bid/ask spreads, allowing you to lower your overall cost of trading.

Leverage

Also unlike most other financial markets, the Forex market provides one of the highest levels of leverage for trading. A trader with limited funds may be able to trade tens of thousands of dollars on the market, by staking only a few hundred dollars of his own money. However, it should be noted that leverage is a double-edged sword. While it can provide large winnings using only a small stake, it has the propensity to cause large losses as well.

To learn more, download my free 26-page guide here: "Forex Trading Traps!"

Harold Hsu is the owner of http://ForexSystemProfits.com where he provides premium Forex trading information and resources.

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Forex Education - Know Your Competition

2008-03-10T20:06:00.000-07:00

Forex Education - Know Your Competition

By: Harold Hsu

Forex trading is a zero-sum game. For every dollar won by a trader, there is a dollar lost by another trader. It’s a sad reality, but it’s still nonetheless a reality.

Taking from others is the only way wealth is created in the Forex market. It’s not like the stock market where almost all investors can benefit from rising stock prices. The Forex market does not provide a win/win situation, but rather a win/lose situation. You can thus imagine the importance of understanding your competitors… you must "know thy enemy".

Who Are Your ‘Enemies’?

Before you can study and understand your competitors’ trading tendencies, you’ll first have to know who they are.

So who are the major players in the Forex market?

Multinational corporations (MNCs), banks and hedge funds are just some of the big players you should be mindful about. These are the ‘sharks’ of the market. They prey on retail traders like you and me all the time.

And don’t forget everyday retail traders. They’re your competitors too! Of course, retail traders will have different tendencies from the big financial institutions.

Understand Your ‘Enemies’

The big financial institutions trade at all times of the day, and are experienced and resourceful enough to ‘eat’ us retail traders alive. Large market movements are usually due to the actions of financial institutions, so it’s a good idea to follow their lead rather than to trade against them.

On the other end of the spectrum you have retail traders as your competitors. Understanding their tendencies can also give you a better chance at making money at their expense. For example, many retail traders will place their stop-loss orders at obvious support or resistance levels such as previous swing lows or previous swing highs. Knowing this, you can then exploit this tendency and make money out of it.

To learn more, download my free 26-page guide here: "Forex Trading Traps!" Harold Hsu is the owner of http://ForexSystemProfits.com where he provides premium Forex trading information and resources.

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Choose Your Forex Broker With Care

2008-03-07T18:27:00.001-08:00

Choose Your Forex Broker With Care

By: Anna Coulling

So you've finally made the decision to trade the forex market and want to open an account with a broker, but where do you start? If you don't already know the forex market is still largely unregulated although new guidelines laid down by the National Futures Association in the US about capitalization, finally came into effect on 21st December 2007. They are an attempt to force out brokers with insufficient funds and to offer traders better protection. However, here is my own personal checklist of questions you need to ask before parting with any money.

The most important questions are: what is the net capital, where is the brokerage based and who are the regulatory authorities. The quickest way to find answers to these questions is to ask the brokers directly! The NFA requirements are that brokers should have a minimum of $5m dollars plus a percentage of their clients' funds as a safety net. To my knowledge there are only 14 companies in the US which currently meet this criteria. It is unclear what is to happen to those brokers who fail to meet these guidelines but already 4 companies have already been closed down.

Knowing the location of the broker is also very important because if they are offshore they may not be regulated. In the US your broker should both NFA and CFTC (Commodity and Future Trading Commission) registered while in the UK they should be with the FSA. Other countries will have different regulatory bodies so please check - it's your hard earned money.

Once you are satisfied with the broker's financial probity the next issue is what trading style does the broker allow. For example what is the broker's attitude to 'scalping'? I recently spoke to a leading broker at an exhibition where I was told that whilst scalping was allowed, sniping was not! When I asked them to explain the difference there was a great deal of foot shuffling and avoidance of eye contact! Other brokers do not permit long term trading or may even on a minimum number of monthly trades so please read the small print. Also check if telephone support is offered - internet connections do break down and trading platforms do fail. If you are stuck in the middle of a trade with no means of communicating you will not be able to cope with your stress levels.

It is also important to establish the broker's policy on spreads and the extent to which they are widened when the market is volatile, especially during major news such as non farm payroll. If you visit any of the many forex forums you will see that this is one of the most hotly discussed topics. Forex forums can also be good places to check a broker's reputation, although do bear in mind that sadly there are many disillusioned traders in this market so opinions can be too subjective. A little research before you start trading and parting with your money will save a lot of disappointment and heartache later on.

Finally, does the broker pay you any interest on your deposit - it is your money in their account, and you can be assured that they will be earning interest on these funds, so why should they keep it for themselves. I know of one broker who pays interest on a second by second basis, so don't be afraid to ask.

Hi my name is Anna Coulling and I am a full time currency trader based in the UK. I have been involved in trading and investing for over 15 years and have now developed a number of free resource sites to help others get started in the exciting, but demanding, world of investing and currency trading. currency brokers

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Forex Charts - Avoid This Common Deadly Mistake or Lose

2008-03-07T18:27:00.000-08:00

Forex Charts - Avoid This Common Deadly Mistake or Lose

By: Monica Hendrix

If there is one basic mistake traders make and continue to make it's the one in this article and if you make it you will simply lose all your money and do it quickly, so here is the forex chart mistake to avoid.

The mistake is the forex prices can be predicted on forex charts.

No they can't...

Of course if you are predicting you are hoping and guessing and that won't get you far in any venture in life, let alone forex trading.

Of course there are many vendors who will tell you prices can be predicted with scientific accuracy and the naïve trader swallows it.

The most popular scientific theories are based around the works of - Gann, Elliot wave and Fibonacci.

These guys never made money with their theories and neither will you - because the fact that markets move at all, proves there is no scientific theory... If there were a scientific theory, we would all know the price in advance and there would be no market - common sense really.

Other forex traders predict but they don't believe in scientific theories - their just trying to buy low and sell high and this doesn't work either.

For example - a trader sees the price dip to just above support, assumes it will hold and executes his trading signal. Of course sometimes it works, most of the time it does not.

Rather than hoping guessing or predicting - you need to get the odds in your favour. Forex trading is a game of odds not certainties but get them on your side and you can make a ton of money.

The Way To Win With Forex Charts

Lets say you see prices dip to support you don't buy you wait for momentum to turn up (you can read about momentum oscillators in our other articles) this gives you advance warning of a shift in price velocity and shows the level is likely to hold.

You can also use momentum to follow a break of support and trading breakouts is very profitable.

It's a fact that most big bullish or bearish moves start from new market lows or new highs and by following the breaks with momentum on your side you can catch the biggest trends.

So remember:

The next time you see someone say they can predict market tops or bottoms with 90% market accuracy - you know their lying and that if you try and predict with your forex charts, you simply lose all your money and do it quickly.

Use your forex charts correctly. Trade the odds, confirm each move with momentum and enjoy long term currency trading success.

NEW! 2 X FREE ESSENTIAL TRADER PDFS For free 2 x trading Pdf's with 90 of pages of essential info and an exclusive forex trading system for beginners visit our website at: http://www.learncurrencytradingonline.com

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Forex Broker Scams

2008-03-07T18:26:00.000-08:00

Forex Broker Scams

By: John Baker

If you already trade the Forex market, this isn’t new to you. Although, if you are a beginner, please be aware that this is a common thing in Forex.

For trading in any financial market you need a broker. As the Forex market isn’t regulated, you have to make a better due diligence to find a good broker than in any other financial market that is regulated like stocks, futures or options.

I have encountered several things that you should avoid in a broker. All the criteria I’m going to refer have to be accomplished in order for you to have safety of funds.

In the first place, you should avoid forex brokers that are based offshore, in third world countries or brokers that don’t even state where they are based. I’m telling you this because of the safety of your funds. As there are many forex broker scams, you need to pay special attention to this factor. If your present broker or the broker you are thinking of opening an account with has this characteristic, my advice is to look somewhere else.

In the second place, the forex broker you choose can’t trade against you. This may seem new to you but there are a lot of forex brokers out there that are doing this. Of course, as they are stronger than you, a simple trader, they will always win and you will always lose. Please be aware of this situation.

In the third place, you should read reviews about your broker or the broker you are thinking of using. It is always important to read what other traders think about them, their executions, their spreads and even their customer support. You should read their webpage but nothing is better that asking or reading about them from someone that is already using their services.

Finally, don’t let the money and greed talk too loud. If a forex broker allows you to trade with just $100, it’s because they allow you to have a big leverage. Using big leverage is not a good idea because, if you have a small account, you can get ripped off with just a loss. Of course, you can use this leverage in your favor if it is a small percentage of your money. But if you’re trading with just $100, there’s no space for leveraging without incurring in a very high risk of losing your entire account in a single trade.

Don’t get discouraged by the fact that there are so many forex broker scams. There are also good and solid forex brokers. You just have to do a deeper search in order to find one that fits your needs and your security.

Article Source: http://www.ArticleBiz.com

Learn Currency Exchange the Right Way and Win

2008-03-06T19:39:00.000-08:00

Learn Currency Exchange the Right Way and Win

By: Monica Hendrix

Anyone can learn currency exchange - but it's a fact that 95% of traders lose and this is simply down to the fact that traders believe currency trading myths or, simply get the wrong forex education. Let's look at learning currency exchange the right way.

1. Risk Goes With Reward

Risk goes with reward we all know that and the rewards in forex trading are potentially life changing, so don't believe its easy, its not - but currency trading success is achievable and anyone can be a successful trader.

Just keep in mind you must approach currency trading with a desire to succeed and a willingness to work smart and take responsibility.

2. Your on Your Own

If you want to learn from someone else and use their knowledge as a basis for your forex trading strategy that's fine - but do not follow someone blindly, or you will not have confidence in what you are doing.

Understanding what you are doing and having confidence in it, is the key to applying your forex trading strategy with discipline and this is the key to success.

If you do not apply your forex method with discipline, you don't have a system at all.

So learn from others but understand what you're doing.

3. Do not Fall for these currency trading myths

The rise of online forex trading has seen the rise of vendors who are out to make a quick buck, most of them are not traders and they are responsible for spreading several myths of which some of the most popular are outlined below:

- Day trading and scalping is a great way to win at forex - You can predict forex prices in advance - Buy low sell high is a way to make money - A forex trading system sold with simulated track record will work - Forex markets move to a scientific formula

The above are all myths and if you believe any of them you will lose

4. Work Smart Not Hard

You don't need to work hard; you need to work smart when learning currency exchange. You should only learn the information you need to succeed.

One of the best ways to start is to teach yourself forex technical analysis and how to use forex charts. This should only take you a week or so, you can then build your own robust trading system about 2 weeks - that's it.

Once you have your system, its 30 minutes or less a day to execute your trading signals.

Forget all the people who tell you to constantly study and learn - that may help you get a university degree but won't help you in the forex markets. You don't get paid for effort - you get paid for being right and that's it.

5. You Must Acquire This!

All successful forex traders have it and it's a trading edge.

A trading edge is the edge you have over other forex trader's i.e the 95% who lose at forex trading. It doesn't matter what it is - but you must understand it and have confidence in it to give you long term success.

If you don't know what your trading edge is - you need to get back to learning currency trading basics until you do.

6. Mindset

The real key when learning currency exchange is not so much getting a method but learning to apply it with discipline. Learning a currency trading system is easy; applying it with discipline is the hard part.

When you are in the middle of a series of losses, it takes great mental discipline to stay disciplined and not throw in the towel or vary your trading system.

You will understand this feeling better when you come to trade!

To be a successful currency trader you have a combination of learning the right knowledge, which gives you the confidence to apply it with discipline. If you want to learn currency exchange the right way, the above essay will point you in the right direction for long term FX trading success.

PROFESSIONAL FOREX TRADING COURSE and FREE ESSENTIAL TRADER PDFS

For free 2 x trading Pdf's with 90 of pages of essential info and more on how to learn currency exchange visit our website at: http://www.learncurrencytradingonline.com

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Currency Swing Trading For Success

2008-03-04T08:09:00.001-08:00

Currency Swing Trading For Success

By: Kelly Price

If you are new to forex trading the best way to get started is swing trading - its simple to learn requires very little discipline and can soon be making you huge profits. Let's look at currency swing trading in more detail.

The Objective

Is to capture moves which will typically last between a couple of days and around a week and will trade short term moves within support and resistance levels - normally from overbought or oversold levels.

Why It Does Not Require Much Discipline

Most traders fail because of lack of discipline. They can't run big profits and trend follow because it takes tremendous patience to wait for the right opportunities and great willpower to hold long term trends if open equity dips.

In forex swing trading, you get a lot of trades and you know if you are right or wrong quickly, it therefore is ideal for novice traders.

Building a Swing Trading System in 2 Simple Steps

If you are learning currency trading and a trading system regardless of time period you need to incorporate two facets into it

1. Support and resistance

You need to look and find areas of support and resistance where prices are likely to hold or break and then move to market timing to confirm the move on your forex chart.

2. Confirmation

If you simply try and swing trade into a level of support and resistance without some indication it will hold you are effectively hoping or guessing and you will lose.

Traders who predict on forex charts lose - it's as simple as that.

You need to act on confirmation and here you need to incorporate momentum oscillators into your forex technical analysis - if you don't know what they are, its time to learn. Good ones to start with are the stochastic, RSI, ADX and MACD. These are plotted on most good forex chart services and are visual ( you don't need to know the calculation) and you will soon be spotting the correct set ups.

They will allow you to check changes in price momentum and indicate whether support or resistance will hold or break. We have discussed these fully in our other articles so look them up.

Once you have confirmation you can execute your trading signal

A few other points you need to keep in mind when currency swing trading are:

Always take your profit early - before the next support or resistance level is hit as prices can soon turn around and wipe out your open profit.

Also you can trade breakouts - this is where levels of support or resistance break and prices go to new lows or highs. It's a fact that breakout trades offer some of the best risk to reward trades you are going to get and if you catch them you can enjoy currency trading success.

With stops place it straightaway as you enter the market and don't exit on a stop exit on a profit taking signal.

You can learn to swing trade and put together a robust simple swing trading system in a few weeks and soon be making some great FX profits.

Currency swing trading as we have said is - simple and easy to learn and can be very profitable, so try it and you will soon be getting some great trades and great profits.

PROFESSIONAL FOREX TRADING COURSE and FREE ESSENTIAL TRADER PDFS

visit our website at: For free 2 x trading Pdf's with 90 of pages of essential info and more on Currency Swing Tradinghttp://www.learncurrencytradingonline.com

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History of the Forex Market

2008-03-04T08:09:00.000-08:00

History of the Forex Market

By: Andrew Daigle

Money, in one form or another, has been used by man for centuries. At first it was mainly gold or silver coins. Goods were traded versus other goods or against gold. So, the price of gold got a reference point. But as the trading of goods grew among nations, moving quantities of gold around places to settle payments of trade became cumbersome, risky and time consuming. Therefore, a system was sought by which the payment of trades could be resolved in the seller's local currency. But how much of buyer's local currency should be equal to the seller's local currency?

The answer was simple. The strength of a country's currency depended on the amount of gold reserves the country preserved. So, if country A's gold reserves are double the gold reserves of country B, country A's currency will be twice in value when exchanged with the currency of country B. During the first World War, in order to meet the tremendous financing needs, paper money was created in quantities that far exceeded the gold reserves.

After the cease of World War II the western allied powers tried to resolve the problem at the Bretton Woods Conference in New Hampshire in 1944. In the first three weeks of July 1944, delegates from 45 nations gathered at the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire. The delegates gathered to discuss the postwar recovery of Europe as well as a number of monetary issues, such as unstable exchange rates and protectionist trade policies. In the early 1940s, the United States and Great Britain developed proposals for the creation of new international financial institutions that would stabilize exchange rates and promote international trade.

The delegates at Bretton Woods arrived at an agreement known as the Bretton Woods Agreement to establish a postwar international monetary system of convertible currencies, fixed exchange rates and free trade. To help these objectives, the agreement created two international institutions: the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (the World Bank). The aim was to render economic aid for reconstruction of postwar Europe. An initial loan of $250 million to France in 1947 was the World Bank's first act.

Under the Bretton Woods Exchange System, the currencies of active nations could be changed into the US dollar at a fixed rate, and foreign central banks could change the US dollar into gold at a fixed rate. It was similar to forex trading.

The United States, under President Nixon, retaliated in 1971 by devaluing the dollar and pushing realignment of currencies with the dollar. The heading European economies tried to counter the US move by adjusting their currencies in narrow band and then float jointly against the US dollar.

Fortunately, this currency war did not last long and by the first half of the 1970's heading world economies gave up the fixed exchange rate system for good and floated their currencies in the exposed market. The idea was to let the market determine the value of a given currency based on the demand and supply of the currency and the economic wellness of the currency's nation, it sown the forex trading. This market is popularly known as the International Monetary Market or IMM. This IMM is not a single entity. It is the collection of all financial institutions that have any concern in foreign currencies, all over the world. Banks, Brokerages, Fund Managers, Government Central Banks and sometimes individuals, are just a few examples.

Although the currency's value is dependent on the market forces, the central banks still try to keep their currency in a predefined (and highly confidential) fluctuation band as a part of their forex trading strategies. They achieve this by taking several steps.

Andrew Daigle is the owner and author of many successful websites including a free forex training website called ForexBoost at http://www.ForexBoost.com and a forex blog http://forex-trading-system.typepad.com to learn forex trading systems and strategies.

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Using Intermarket Analysis in Your Currency Trading

2008-02-29T16:42:00.000-08:00

Using Intermarket Analysis in Your Currency Trading

Author: Andrew Shiveley

I am going to assume that if you are reading this article then you already have a foundational knowledge of the foreign exchange (forex) market, so I am going to breeze through the basics and go right to the main topic of intermarket analysis.

If you are a financial market junkie like me, the topic of intermarket analysis is a fascinating one because it can applied to making money with forex trading (the main topic of this article) as easily as it can be applied to commodities. As you can probably guess, the term "intermarket" in this context simply means looking beyond normal economic data in order to come to a conclusion about where the price of a certain currency pair is headed. The opposite of intermarket analysis is plain fundamental analysis, usually focusing on major economic data such as employment, labor, and interest rates.

A few of the most significant intermarket relationships have to do with gold, oil, and the 10-year bond yield in the United States. The reason that the 10-year yield is important is because this value can be correlated to the value of a dollar index, or a basket of goods that can reveal the overall strength of the US dollar.

When it comes to gold and oil (which are arguably two of the most important commodities in the world today), the prices of those commodities will most affect the currencies of the countries that produce these commodities. There are two main relationships when it comes to gold and oil: Canada is a large producer of oil, an so the Canadian dollar (CAD) will be affected by changes in oil prices; and Australia produces alot of gold, and there are many companies in Australia that manufacture gold products such as rare coins, so the Australian dollar (AUD) will be affected by changes in gold prices.

These are some of the most profound instances of intermarket relationships in the global economy, but keep in mind that these relationships are *not* exclusive to the currencies I just mentioned. That is to say, changes in gold prices are not going to only affect the price of the Australian dollar and leave the value of every other currency unchanged; changes in the value of these important commodities like gold and oil will affect every currency, it just so happens that a larger part of the Australian economy has business interests in gold, so if gold gets more expensive then it becomes harder to do business.

Though oil and gold each have a "flagship" currency which they affect the most, fluctuations in the price of each of these commodities will also affect every currency in a somewhat predictable manner. When it comes to gold, a basic rule of thumb is that the currency value of all nations will decrease when gold gets more expensive, since this can indicate that more people are buying precious metals because they may not have as much faith in the main governing bodies in the world.

The way that oil affects currency prices is very interesting, since at this point in history (but hopefully not for much longer) nearly every major economy is dependent on oil for transportation and heating. The way that changes in oil prices affect a country's currency depend on whether or not that country is an importer or an exporter of oil. As an example, Canada has traditionally been an exporter of oil, whereas the United States has been an importer. So when oil becomes more expensive, this can be damaging to the United States economy and beneficial to an oil-exporter like Canada.

As a forex or currency trader, it is important to understand these relationships so that you do not derive your trading signals from only one source. It is also good to know how major commodities affect currency prices because you can also use this knowledge to make money in the global stock market, by investing in companies such as a Canadian oil producer or an Australian company the specializes in gold coins.

Article Tags: Currency Trading, FOREX, Currency Market, Forex Intermarket Analysis, Forex And Oil

About the Author:

Trading the foreign exchange market can be a great way to make a living from literally any computer in the world, or as a home business. Learn more about profitable forex trading at http://TheCurrencyMarkets.com/currency-trading-strategy-reports.htm.

5 Important Things To Consider When Choosing A Forex Broker

2008-02-29T16:41:00.000-08:00

5 Important Things To Consider When Choosing A Forex Broker

Author: James Woolley

If you go to your favourite search engine and do a search for 'forex brokers', you will be bombarded with endless results of companies all vying for your business, so how do you decide which one to go with? Well here's five important points to consider:

- Location

Always look at where a company is registered. After all if you're going to be sending money to a company in order to start trading, do you really want to be sending it to an offshore company based in some remote part of the world, and can you be sure that you'll be able to successfully withdraw money when the time comes?

- Regulation

Following on from the last point, if they're based in the US or UK, for example, check that they're fully registered with the relevant regulators, such as the NFA and CFTC in the US and the FSA in the UK.

- Reputation

Reputation is another point to consider and again requires a little bit of research. Do a search at your favourite search engine for the company you are researching and see what other people have to say about them. What better way to find out about a company than seeing what other traders have to say about them?

- Trading Platform

If you're going to be using a company's trading platform on a regular basis, then you need it to be easy to use and user-friendly in general so test drive the demo platform if they offer one. Also look to see what extras are included such as charting facilities and news updates.

- Spreads

If you're a short-term trader this is a very important factor. If you're a long-term trader looking for moves of several hundred points each time, then a few extra points spread won't make much difference, but if you're a scalper or short-term trader then it can be the difference between making money and losing money. After all it's obviously so much easier to make money trading the GBP/USD intraday with a 2-3 point spread than a 5-10 point spread.

So there you have five important points to consider when choosing a forex broker. You'll notice I didn't mention margin as a factor. This is because it's far too easy to be attracted to brokers that offer up to say 1:400 leverage, and therefore allow you to take out very large positions with a small margin, but this is a very dangerous game and it's all too easy to over-leverage yourself and wipe out your account completely.

Article Tags: Forex Trading, FOREX, Forex Broker, Forex Advice, Trade Forex, Choose Forex Broker, Choosing Forex Broker

Article Source: http://www.articlesbase.com/currency-trading-articles/5-important-things-to-consider-when-choosing-a-forex-broker-344086.html

James Woolley runs a blog where you can learn forex trading and read his Forex Trading Machine review which talks about Avi Frister's profitable forex trading strategies.

Forex Trading System - a Simple, Free Profitable One for Big Fx Profits

2008-02-29T16:39:00.000-08:00

Forex Trading System - a Simple, Free Profitable One for Big Fx Profits

Author: Kelly Price

If you want to buy a mechanical forex trading system there are plenty on the net that you can buy but 99% of them don't work as they have never been traded and come with simulated track records. On the other hand, you can use this free one which is simple and profitable.

The trading system we are going to look at is incredibly simple but don't assume that just because it's simple it doesn't work - it does. You can make big profits with it by incorporating it in to your forex trading strategy.

This system was developed by trading legend Richard Donchian in the late seventies for trading commodities and many traders have used over the years. While it was developed to trade commodities it works well in currency markets because they trend.

The system is called "The four week rule" and it does exactly what its name implies.

Here are the rules:

1) Close short positions and reverse to a long position when a price exceeds the highs of the previous 4 weeks.

2) Close long positions and reverse to a short position when a price falls below the lows of the previous 4 weeks.

That is the system and you couldn't get simpler than that.

The above will work very well in trending markets but in sideways and consolidating markets it will get chopped, so you can consider using a filter. Enter trades on the 4 week rule - but exit the position on a shorter time period and go flat.

1 or 2 week cycles are ones to consider. You would then simply re enter on the next 4 week signal.

I have used this currency trading system as part of my strategy for years and it works -most traders won't use it though, despite the fact its proven and it works - Why?

1. It's too simple.

Most people discount it purely on this, although simple systems always tend to beat complicated ones as they are more robust.

2. It takes discipline to follow, as it is not fussy about exact market timing.

Most traders are obsessed with buying low and selling high (even though it doesn't work!) so can't follow it and most traders lack discipline anyway.

3. Its not trendy.

Most forex traders like trendy or mystical systems Fibonacci, Elliot Wave, Neural networks, artificial intelligence etc which are all a bit more glamorous than a system from the seventies, with one parameter.

Make no mistake though, this system beats most on the net that are sold and it's free!

While it may be simple, keep in mind many famous traders have used it such as, Richard Dennis, the turtles and many more - if it's good enough for them, it's good enough for you.

You can of course just use the general principle in your forex trading strategy as a currency trading system it is based on the 4 week cycle of price and you will be surprised at how important it is.

To get diversification you can trade currencies with other markets as well and diversify. For example -the energies and interest rate markets are good trending markets to combine with currencies.

The 4 week rule is free and if you are serious about your forex education, take a look at it and it will help you enjoy forex trading success.

Article Tags: Forex Trading, FOREX, Forex Trading System, Currency Trading System, Trend Following System

Article Source: http://www.articlesbase.com/currency-trading-articles/forex-trading-system-a-simple-free-profitable-one-for-big-fx-profits-343954.html

Get free essential trading Pdf's on catching the big profits from the big moves and more on Profitable Forex Trading Systems visit our website at: http://www.forextrendfollowing.com

Day Trading - Will Wipe Your Trading Account Out Quickly!

2008-02-29T16:36:00.000-08:00

Day Trading - Will Wipe Your Trading Account Out Quickly!

Author: Kelly Price

One of the biggest puzzles of currency trading for me is that anyone takes day trading seriously as a way to enjoy success. You can't win at it and will lose all your money, the reason is obvious and is the subject of this article.

You may be thinking that if no one wins, why are there so many profitable day trading systems for sale?

The answer is:

There all made up in hindsight and simply simulated on paper but have never been traded for real. If you ever see a track record for a forex day trading or scalping system which claims extra ordinary profits, then check for the disclaimer:

"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".

Keep in mind "if it looks to good to be true it probably is" in forex trading if it looks to good simply look for the disclaimer! Your sure to find it!

Of course we can all make money when we know the prices and can trade backwards but you don't have that luxury in forex trading, you have to trade not knowing the closing prices and trade forwards.

The people selling these systems know they wont make money in real time forex trading (otherwise they would trade them themselves) but they know that their buyers will not read the disclaimer to closely, as its hidden away at the bottom of the copy and difficult to see and find!

They then make up some exciting copy to sell it and promise the buyer unlimited riches a regular income etc etc. The novice trader buys and the reality of course doesn't live up to the hype

They get a guaranteed profit selling a useless trading system and the trader takes the loss.

Now why doesn't it work - well it's obvious really:

All short term volatility is random in a day or less support and resistance is meaningless and you have no chance of winning because you cant get the odds on your side.

It always makes me laugh, when I see systems that claim you can make a living and scalp 100 ticks a week etc - its lies you can't.

You have countless millions or tens of millions of traders, all over the world that make the price, all have different aims, objectives, skills and there all governed by emotions. You simply cannot measure what this vast diverse, volatile, group will do in just a few hours.

Its amazing how sensible people in other walks of life, think they can make money day trading, the logic it is based upon doesn't add up and it is clear to anyone it doesn't work and the facts prove it.

Want the proof? Well here it is:

Ask any forex trader or forex system vendor who claims that forex day trading works, to show you their track record over the long term of gains, audited with account statements.

A word of warning here - if you do decide to try and find one, get ready for a long a fruitless search.

Forex day trading is a loser's game avoid it and trade longer term, where you can get the odds on your side and pile up some forex profits longer term.

Article Tags: FOREX, Day Trading, Forex Day Trading, Trading System, Currency Day Trading, Forex Scalping System

Article Source: http://www.articlesbase.com/currency-trading-articles/day-trading-will-wipe-your-trading-account-out-quickly-343950.html

Get free essential trading Pdf's on catching the big profits from the big moves and more on forex trading success visit our website at: http://www.forextrendfollowing.com

Forex Trading System - Beware of This When Choosing One!

2008-02-26T00:01:00.000-08:00

Forex Trading System - Beware of This When Choosing One!

By: Kelly Price

There are a lot of forex trading systems for sale and most are junk. You can find out if a system is likely to make you money by looking at one key factor which is the subject of this article.

Let me ask a question first:

Would you take driving lessons from someone who hadn't past their test?

Of course you wouldn't!

With forex trading systems however traders buy systems that have never been traded and then wonder why they lose. If you are looking for a forex trading system online they will all give you a track record that's profitable. However the way to discard 95% or more of them is - to look for the disclaimer below or similar one - read it carefully:

"cftc rule 4.41 - hypothetical or simulated performance results have certain limitations. unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".

What this means is that a vendor can publish or make up any track record he likes knowing the closing prices and simply put this disclaimer on it. Most traders never question it - buy the system lose and then wonder why they didn't experience the same gains as the track record.

If you are looking for a forex trading system then always be cautious when you see the above disclaimer - you have to ask yourself the question:

If the vendor has not had the confidence to trade it why should you?

This is a very valid point and you need to use common sense.

In forex trading to many people are blinded by greed and see forex as an easy way to riches but of course with the rewards on offer its not that simple. You can make a lot of money but you need to get the right forex education.

The Route to Currency Trading Success

Forex trading requires you to do your homework - no one is going to make you rich only you can do that, so seek out sensible down to earth advice and learn it yourself and you can build your own forex trading system - which we will cover in our next article.

New! FREE ESSENTIAL TRADER PDF's + A Unique Forex Course For a wealth of free Forex education, a currency trading course and 2 x essential FREE currency trading basics PDFs visit our website at: http://www.learncurrencytradingonline.com

Article Source: http://www.ArticleBiz.com

Why Invest in Stock

2008-02-26T00:00:00.000-08:00

Why Invest in Stock

By: Frank Vanderlugt

Many people today are watching the stock market go up and down on a regular basis. They hear the terms about the ‘bull’ and ‘bear’ on the evening news and most people know that this means that the market is very good or very bad. With all of the speculation within the stock market why would anyone want to invest in stocks?Today the stock market in the US is trading at over 13,000 and it is at an incredibility high rate and it seems to be staying fairly steady. Many people wonder why they should invest in the stock market when it is so high and the chances are that the numbers will go down. Overall the stock market has been fairly consistent by providing fairly good returns for most investors. There are, of course, people who lose money when they take risky chances with their stock portfolio.So, why invest in the stock market? If you work with a reputable stock broker, he can provide you with an overview of the market. He will work with you to determine how comfortable you are with the risks that are involved when buying stocks. The two of you will come up with a plan that involves the purchase of certain stocks that have been consistent throughout the years. Your purchase price for some basic stocks might seem high, especially when you see what these particular stocks were worth a few years ago. But, if you are serious about investing, you have to start somewhere and it is with some of these basic stocks that you can begin a sound foundation on which to build.Some of your friends and relatives might just ask you the question ‘why did you invest in the stock market’? Yes, it is up right now, but it will go down again. This is definitely a true statement because the stock market does fluctuate—sometimes very dramatically.Remember that it takes time to make money in the stock market—there are very few overnight successes. You might hear about someone who made a million dollars, but chances are this did not happen overnight. There are some very lucky people out there who for some reason seem to have the Midas touch, but that is not the norm.If you are unsure about why you should invest in the stock market, make an appointment with a reputable stock broker and talk to them about your interest and concerns. They will take the time to help you understand what is involved and what the risks are. Knowing all of this information up-front will help you make an informed decision when it comes to investing your hard earned money in the stock market.

Frank j Vanderlugt owns and operates http://www.lazytrader.com Day Trading

Article Source: http://www.ArticleBiz.com

Forex Indicator Software Training

2008-02-24T08:56:00.000-08:00

Forex Indicator Software Training

By: Paul Bryan

Forex indicator software training programs are designed to facilitate individual traders and investors in learning the indicator software for using them effectively.

The training software ideally should be available in different levels, for beginners, intermediate, and advanced learners. An experienced conventional forex trader may not have strong computer skill as well. The software, therefore, should have the ease of operation and user friendly instructions.

If you subscribe to some technical indicator software, the vendor may offer you the training material for free. One particular software may have several indicators with detailed instruction on how to use them.

The training material should have step by step installation guide, basic operations, Frequently asked questions (FAQ), back-up support, and many such interactive features, through which you can develop a fair idea of the operations.

The software as well as the training program for forex indicator should work effectively in almost all platforms like Windows 2000/XP/2003/Media Center/Vista etc.

A professional forex indicator training software may also have trading simulator, which allows to make trades using history data, develop and test trading strategies, and check the performance of each and every trading indicators individually.

Through a forex indicator trading software you can acquire and improve necessary professional trading skills based on the technical indicator of your choice.

A good forex technical indicator training software combines traditional technical indicators with state-of-the-art neural network and genetic algorithm technologies to create a full-proof, effective trading models. It should be dynamic, interactive, and innovative method of providing traders with the most comprehensive training in forex technical indicators.

The visual representation of the data derived by the technical indicator is extremely important. The forex indicator training software should clearly explain the parameters with 2-dimensional or 3-dimension charts and graphs, so that you can relate the results to the indicators while making actual trading.

Most of the economic indicators have a marked effect on the forex trading market. Some of them are released weekly, while others are released monthly or quarterly. In advanced forex technical indicator software, common indicators are improvised with new technology.

As all the trading indicators are based on mathematics and computation, one may think learning them is pretty difficult. But this is quite wrong. All you need to learn is to understand the logic on basis of which these technical indicators are developed. Then you can interpret the indicator in your own way to apply it in your trading.

One must remember, buying a forex indicator software and the training material can never ensure your success in trading.

You should have the patience and zeal to learn the software with the help of the training material offered and apply them judiciously and not by following them blindly. Sound knowledge proves to be the key for a successful forex trading with technical indicators.

To start becoming a better trader visit Forex Indicator Software Training

Article Source: http://www.ArticleBiz.com

Golden chances for green investors

2008-02-24T08:55:00.001-08:00

Golden chances for green investors

By: Jim Barnaby

In an increasingly eco-friendly marketplace, everything, it seems, has to be environmentally friendly. Organic food is in, irradiated and GM is out. Recycling is good while waste is unforgivable. Everything from using more public transport to fitting insulation and using energy-saving light bulbs has been caught under the green umbrella.
Many still resist the temptation to give up flying, but those who are conscious of their carbon footprint yet don't want to ditch the foreign holiday are taking advantage of the new Eurostar service to head for the continent, according to French property website VEF.
Founder and managing director of the firm Trisha Mason said the Channel Tunnel link, plus the 186mph TGV train service inside France helped attract precisely this market, making parts of France ideal for investors interested in capturing the green market.
She said: "Eighty-four per cent of our clients who visited our partner office in Burgundy in 2007 said that this was a prime factor in them choosing this area."
Green travel possibilities are not the only ways in which the eco-friendly tourist may be served by investors. The properties themselves are becoming greener in many instances.
One such case is that of Spain. The government recently announced moves to provide €1 billion (£719 million) in grants to homeowners to make their older properties more eco-friendly, with €2 billion in credit every year to make homes more energy-efficient.
Signalling his intention, prime minister Jose Zapatero said: "All the lights are flashing red. We are at the point of no return. I ask all citizens to act with urgency and to put this country at the forefront of the challenge to fight climate change."
Mr Zapatero pledged to do more if his government stays in power after the next Spanish general election. In the meantime, developers of new properties in Spain are obliged to ensure between 30 and 70 per cent of their hot water using solar thermal power.
With environmental issues being a worldwide concern, governments everywhere are seeking to ensure developers create greener properties. In India, often seen as a growing source of pollution as its economy grows rapidly while enjoying Kyoto exemption, Pune Municipal Corporation has announced that builders in the city will get between five and ten per cent off the rateable values for property built using eco-build techniques, such as fitting rainwater collection facilities and solar panels, reports the Times of India.
For investors, these trends mean the market is falling into line with other areas of economic activity, with the high levels of government support given to eco-building and home improvements reflecting the reality that buildings produce a much higher proportion of emissions than aircraft. All this promises that those looking to invest in such properties overseas will be able to serve an eco-conscious market, not to mention ensuring they themselves are keeping it green.
In today's world Property investment is an excellent investment option especially investment in UK

Jim Barnaby is a real estate investment broker and successful property investment adviser delivering research and selected UK and overseas property investment solutions with experience in spanish properties, french property investment, German property, Cyprus holiday homes, Property in Cape Verde, German property investment, cape verde property buy to let property

Article Source: http://www.ArticleBiz.com

Forex Foreign Exchange Spreads

2008-02-24T08:55:00.000-08:00

Forex Foreign Exchange Spreads

By: Paul Bryan

Forex trading is one of the most popular and fastest growing financial trading opportunities. Exchange rates for currencies in the forex market are quoted as 'bid/ask' rates. The difference between the purchase (ask) and the sale (bid) rates is called the 'spread'. Forex spread is one of the most important single parameter to make the difference between a successful and losing trading.

Forex spread is expressed in percentage in point (pip) which is the smallest measure of price move. For example, if the currency pair EUR/USD is trading at 1.3000 and then changes to 1.3020, the pair is said to move by 20 pips. A pip in most currencies is 1/10,000 of an exchange rate, but in USD/JPY, it is 1/100.

The bid/offer spread is the difference between the buying (bid) and selling (offer) price. The ask price is the immediate execution prices for quick buyers or traders and bid price is for quick sellers.

In forex market brokers generally do not charge any commission from you. But they get their money by charging you a spread. As the spread is the difference between the bid price and the ask price for any currency being traded, the broker adds this spread onto the price of the trade and keep it as their fee for service.

Therefore, for you, lower the pips and spreads, higher the forex profits. If the spread is big, you have to pay more when you buy and get less when you sell. Forex spread is charged only on one side of the transaction, usually on the "buy" side of the trades. So, as a forex trader your aim should be to buy low and sale high.

If the quote between EUR/USD is said to be 1.2222/5, the spread equals 3 pips (5-2). Although it seems to be small, forex spread difference of one pip can make significant difference in your profit. You may find the difference to be as high as 25% on your trading costs.

Therefore, we advise you to choose a low spread forex broker. Most brokers offer different spreads for different currencies. For the most popular currency pairs like the EUR/USD or GBP/USD, you get the lowest spreads, while less popular currencies are traded with higher spreads.

The forex trade can also vary with the type of your account and volume of trades. But there are brokers who offer same spread to all accounts and any trade volume. You can even opt for fixed foreign exchange spread, but they are generally higher than floating spreads.

It should always be remembered that spread is the difference between bid prices and ask prices as determined by the free market and therefore can never be guaranteed. Spreads are generally tighter when there is good market liquidity but it widens as liquidity goes down. Find a forex broker, who is honest and transparent with the operations. Make sure there is no hidden spread and the execution is fast and accurate.

To find out more about trading with currencies online visit Forex Foreign Exchange Spreads

Article Source: http://www.ArticleBiz.com

Forex Trading - 6 Character Traits That Cause 95% Of Traders To Lose

2008-02-24T08:54:00.000-08:00

Forex Trading - 6 Character Traits That Cause 95% Of Traders To Lose

By: Kelly Price

Forex trading is all about having the right method but also the right attitude. Here we will look at 10 character traits that the losing 95% of traders have and if you want to enjoy currency trading success you need to avoid them.

Here they are in no particular order of importance.

1. I am not responsible

A symbol of losers - they think success will come with no effort on their behalf and blame everyone else for their failure from the tip they got from friend, newswire or broker, to the market being against them.

These people make up a surprising amount of the losing majority and they fail to see that no one can give them success but themselves. Instead of seeing this they do the following.

2. I Like to take expert advice

If you do be very careful as most of the people who put themselves out as experts on the net are anything but - their marketing companies and have never traded in their lives.

Again a vast amount of traders buy systems with unbelievable track records and then are surprised when they fail in real time (they never look at the disclaimer that says the track record is a simulation and not real). If something looks to good to be true it probably is and this is very true in forex trading.

If you follow an expert and have not done your homework on the logic they base their views on, then you are unlikely to have the confidence to follow their method with discipline when it hits a losing period.

If you don't follow a method with discipline then you have no method at all.

3. I don't like being wrong

Well in forex trading your going to be wrong a lot of the time, as only you can be wrong and the market price is always right - no matter what you or I think. Most traders hate taking a loss and looking stupid but the markets do that to everyone and even the best traders lose at times.

If you try and argue with the price and justify your position, you will run up losses and lose and your emotions will take over.

4. I deserve to win I am smart

I have met some very clever people in forex trading and the majority of them lose - if you think that being smart helps you then it won't.

In forex trading you get paid for being right with your trading signal that's it and it's a fact that the best forex trading systems are simple.

They work far better than complicated ones as they have fewer elements to break.

Clever people tend to over elaborate their trading and think the more they put in the more they get out but this does not apply in forex trading.

If you want to make money keep it simple and remember forex trading is probably 20% method and 80% mindset.

5. I am not a patient person

If you are an anxious or nervous person then you are unlikely to win at forex trading. You need patience to wait for the right opportunities and you need patience to hold positions through short term volatility to bigger profits.

If you are an anxious trader you will probably let your emotions get the better of you trade too much, engage in revenge trading etc and lose.

There of course other losing traits but the above are very common ones and hold anyone of them and you will lose.

Forex trading is not hard to learn anyone can do it but most fail because they don't realize that correct mindset is the key to success. To be successful at forex trading you need to rely on yourself, have a deep understanding of why your method works, so you can have the confidence to apply it with discipline.

If you understand the above you can avoid these common losing traits and get a mindset for forex trading success.

New! 2 X FREE FOREX Trader Pdfs For a wealth of free forex education, currency trading course and some FREE Currency Trading PDF's visit our website at: http://www.learncurrencytradingonline.com

Article Source: http://www.ArticleBiz.com

Forex Online System Trading

2008-02-23T04:48:00.000-08:00

Forex Online System Trading

By: Paul Bryan

Forex online system trading is an automated trading method that applies preprogrammed strategies for automatic trade execution. You can operate forex online system trading from your home computer or can opt for a managed account. In case of managed account, experienced and professional traders or brokers will take care of your trading while you engage yourself in some other occupation.

Till few years back, forex trading was limited to banks and other big financial institutions. With the progress of information technology and networking, the trading has opened to medium and small investors and traders.

Forex online system trading has played a key role in making the trading popular and within everyone’s reach. Now, you need a computer and internet connection to operate forex trading from your workplace or home.

The first step to start forex online system trading will be to open an online account. You can either buy some proprietary software or can download from sites offering trading platforms.

Before choosing a trading platform you may visit sites that offer comparative analysis of different leading trading platforms with describing their pros and cons in detail. Once you have downloaded the forex online trading system, open a specific type of account depending on your level of expertise, budget, and trading strategies.

If you are a new investor, you may open a demo account with your broker. Through this demo account you learn the functioning of the forex online trading system, the basic principals of trading, and things you must know about the trading practices. As no real money is involved while trading with a demo account, you can apply different trading strategies and learn the risk management features to find out the most effective one.

The next step for forex online system trading will be to open a mini account with a small sum, for example, $100 or $50. As a small amount is involved in the trading, you can experiment with new trading strategies and method before you gain confidence and graduate to a standard account.

A good online broker helps its customers to invest their funds appropriately and securely and may return 30 annual compound growth on their investment.

The first and primary advantage of forex online system trading is it takes away the emotions from the trading. The major reason a trader looses money is they trade without a specific strategy and let their emotions dictate their trading.

This lack of discipline results in losses. As the forex online system trading is purely mechanical and follows past trends for future trade, technical and fundamental analysis of the market helps in identifying winning trades.

Forex online system trading is exceptionally rewarding for them who do not have the expertise or time to trade in this ever-operating market. You need to follow the signals and set the limits in your trading terminal automatically. Make sure that you understand the logic on which the system works. This will help you in exploiting the full potential of your online forex trading system.

Start trading currencies online today by visiting Forex Online System Trading

Article Source: http://www.ArticleBiz.com

2008 will be a year where food inflation makes us profits

2008-02-23T04:47:00.000-08:00

2008 will be a year where food inflation makes us profits

By: Monty Guild

PLEASE ACCEPT OUR WARMEST WISHES FOR A HEALTHY, HAPPY AND FULFILLING 2008

2008 WILL BE A YEAR WHERE FOOD INFLATION MAKES US PROFITS

It is not yet widely in the news in the developed world, but in the developing world and in the energy producing countries of the Mid East, Asia, and Latin America; inflation is beginning to share the headlines with news about rapid economic growth.

Most of the western economic pundits dismiss inflation as a non-problem because it is their view that inflation has been caused by higher food prices, and food prices will move lower once good weather allows more crop production, or once high prices dilute demand as has been the case in the past.

MAY WE RESPECTFULLY SUBMIT THAT THIS IS NOT THE PAST

Presently, as well as in the future, the consumers of food are and will be much richer and more interested in upgrading their diets than they have been in the past. There are also other reasons to suggest that grain prices will rise, like the focus on ethanol production. However, let us just keep it simple and look at how much richer the food consumers of Asia, Russia, Eastern Europe, and Latin America are now than they were just a few short years ago. As they become richer, these consumers demand more food and more animal products, which consume a lot more grain to produce. Grain prices are certainly going to move higher over the long-term. Meat and dairy prices will rise as well.

We strongly believe that demand for food and the products used to grow food including fertilizers, machinery, transportation and processing will be profitable industries in 2008.

This is a theme that we will be participating in more in 2008. Over the past few years, we have owned these types of stocks, and done well in them but they have not been a major theme of ours. We are now initiating them as a major theme.

Some will say that the fertilizer stocks have already risen, food prices have already risen, and grain prices have risen. This is of course true, but may I ask you a question? After Gold had already risen from $250 and ounce, was it a bad buy at $400/ounce? No, because it is currently at $831. Was oil a bad purchase at $50/barrel because it had risen from $20? No, it is currently at about $96.

Corn and soybeans have not risen as much as oil and gold in the last 10-11 years, but they will.

Food has always been a bigger part of the total expenditures for people in poorer countries. If they keep their food expenditures flat as a percentage of their total expenditures, their food consumption grows a lot as their incomes rise.

OUR THEMES FOR 2008

We are sticking with several of our old themes and adding two new ones.

We have reviewed all of our themes in the context of a more inflationary environment expected in 2008. 1. Precious metals and foreign currencies remain a theme, and we continue to believe that both inflation and a weak U.S. dollar will lead to higher gold prices in the coming year.

2. Energy remains a good theme. Energy, along with precious metals, India and China has been a theme of ours for 5 years. In our opinion, the price of oil will rise more slowly in 2008 and may only get to $115. However, if one buys the companies with the good oil discoveries and low valuations, the energy theme can still provide good returns.

3. Brazil, India and China remain good themes. We believe some stocks in these countries are currently overpriced and we will be waiting for dips to add to current positions and initiate new positions. These countries are not monolithic. They have broadly diversified economies made up of many industries. Some industries will do better than others. We generally prefer infrastructure in India, and the consumers in China and Brazil. Once these markets turn up again we could see a big rally and higher prices for many sectors of their economies.

4. Base metals may be under pressure for a few more months due to fears of demand decline as a result of the recession in the developed world. We think that demand from the developing world will create big long term demand, so we will buy them on price weakness.

5. Russia is a new theme introduced in our last memo. We are primarily interested in consumer stocks, and we will buy if a correction develops before the March 2008 election.

6. Food and farm related industries mentioned above are a new theme.

IN 2008 WE SEE GROWTH FOR SOME COUNTRIES STAGFLATION FOR OTHERS

Countries which grow slowly in inflationary times suffer from stagflation. Those that grow fast attract capital as their returns exceed the rate of inflation. India, China, Russia, and Brazil will grow faster than inflation in the long term, so we will buy them when they decline in price.

SUMMARY

Our themes for 2008 are about the same with 2 new additions; Food and Farm, and Russia. But the emphasis is different; everything is being viewed in terms of oncoming inflation.

Every theme stands up well in an inflationary environment. They are either beneficiaries of inflation such as food, energy and metals, or they may be countries which produce these products mainly Brazil and Russia, or lastly they are countries which are growing very fast and can easily adapt to higher inflation because their economic growth rate is strong [China and India].

We wish all of you a wonderful New Year, and we look forward to the opportunities we will find in 2008. Please contact us with your questions and suggestions.

Guild Investment Management, Inc., a registered investment advisor. All material presented herein is believed to be reliable. Investment recommendations and opinions expressed in these reports may change without prior notice.

You can also read our past periodic market and economic commentary articles by going to the Commentary Archive on our web site www.guildinvestment.com.

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A little hope for the festive season after a turbulent storm

2008-02-23T04:46:00.001-08:00

A little hope for the festive season after a turbulent storm

By: Mike Wright

Tricky would be a choice world to describe global equity throughout the second half of this year. Stock markets and economies appear to be balancing on a knife edge with the chances of a global recession as high as 50/50 according to some analysts.

The credit crisis, interest rates, inflation, government debt and consumer spending are all interconnected and will form the focus for 2008. Last week, global stock markets closed a jittery week strongly with sentiment swinging around the news flow of these five factors. On Thursday, the Nasdaq 100 closed up over 2% on better than expected consumer spending numbers and earnings reports from Research In Motion (Blackberry) and Oracle Corp.

The FTSE was one of the strongest markets last week on news that the last interest rate cut was voted for unanimously. This may increase the chances of a series of further rate cuts, with the next cut expected to come as soon as January 10th.The MPC said that a "substantial loosening of policy"might be needed to head off the risks to economic growth from the credit squeeze.

Sterling plummeted to its lowest levels for three months against the dollar and to near its all time low against the Euro. UK shoppers hopping over to New York for Christmas shopping will have had much less of a bargain than hoped as the USD/ GBP exchange rate dropped below $2 to the pound on Thursday.

A dramatic surge in Government Borrowing also affected sentiment as data from the Office of National Statistics showed that the UK's current account deficit had doubled in the third quarter to Â£20bn. This is now the biggest deficit in cash terms, at 5.7% of GDP and is now bigger than the US deficit comparatively.

However a rate cut in January isn't a done deal with inflation fears persisting. A 'no change' verdict is most likely at the next meeting, according to many senior economists and interest rate futures. Libor (London Inter Bank Lending Rate) fell last week on the back of the global central bank 'rescue' plan. It is hoped that the easing of this rate means that credit markets will begin to flow again in the New Year without the need for another rate cut.

There is much talk of the Santa Clause rally coming into effect between the close on Christmas Eve and New Years Eve. Since 1940 the S&P 500 has been up during this period 76% of the time with an average gain of 0.8%. The effect has diminished in recent years according to Bespoke Investments with the S&P 500 actually posting a decline on average during the festive period since the start of the current bull market in 2003.

According to the Stock Trader's Almanac when the rally doesn't appear, it can be bad news for the stock market. "If Santa Clause should fail to call; bears may come to Broad Wall" as they put it. This was certainly on the mark back in 2000.

Next week there is a reduced Christmas trading calendar. Most notable are US core durable goods orders & consumer confidence on Thursday. On Friday, house price sentiment will again dominate with the UK's Nationwide house price data and US new home sales released at the end of the week.

Thursday and Friday's strength was impressive, but it could be argued that the rally from Tuesday was too far too fast. We are entering a seasonably positive period, but the speed of Friday's rally may have exhausted the bulls' enthusiasm earlier than expected.

Therefore a no touch higher may be the better option for the Christmas week and beyond. This allows for some minor further upside while providing exposure to churning market over the next month. A 'No Touch'higher on the S&P 500 with the trigger set to 1590 over 35 days returns a yield of 10%. This level is 14 points higher than the all time high posted in October.

- THE END -

Contact Details:

Name: Mike Wright Tel: 448003762737 Email: editor@my.regentmarkets.com Url: Betonmarkets.com & Betonmarkets.co.uk

Address: Regent Markets (IOM) Limited 3rd Floor, 1-5 Church Street Douglas, Isle of Man IM1 2AG

Regent Markets is the world's leading fixed odds financial trading group. Through its main multi-award winning websites, BetOnMarkets.com and BetOnMarkets.co.uk, it has established itself as the leading global provider of a unique, powerful way to trade the world's major financial markets. The number, length and variety of trades available to our clients exists nowhere else in the world.

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Become a Professional Currency Trader from Home Live the Dream!

2008-02-23T04:46:00.000-08:00

Become a Professional Currency Trader from Home Live the Dream!

By: Monica Hendrix

Many people want to become professional currency traders and work from home and pile up big profits but very few people achieve it for one simple reason - They do not understand two key points that all professional traders understand.

Before we go through these key points lets start with a rather inspiring story.

Back in 1983 legendary trader Richard Dennis decided to teach a group of people to trade who had never traded before. They were of all ages, both sexes and of varying levels of intelligence.

He then spent 14 days teaching them to trade and then gave them accounts.

The result?

They made over $100 million dollars and went on to become trading legends.

So Dennis proved the point - anyone can be taught to be a trader.

If anyone can learn why do 95% of traders lose?

There are two main reasons for this

1. Taking Responsibility

If you think that you can take advice from someone else and be successful your wrong. Only you can make yourself successful.

Today, to many people want to buck responsibility not do their homework and pass the buck when they lose - well that wont wash in forex trading your on your own.

If you understand this and have a desire to learn and want success, you will then be able to learn the correct way. Forex trading is not hard to learn - but you of course need to know the basics of what you are doing and have confidence in your forex trading strategy.

This is the real key to success - Understanding.

This leads to confidence which allows you to trade your method through inevitable periods of losses to eventual currency trading success - with discipline.

2. Discipline

When Dennis taught his students, he didn't just cover a method he spent considerable time on showing them the importance of executing it with discipline.

He knew what all successful traders know:

If you can't execute a method with discipline you really have no method at all.

Learning a method is not hard, becoming disciplined is - because you have to deal with your emotions and confront an all powerful being the market - where only you can be wrong and it's always right.

If you think discipline is easy, try trading and find out its not!

You have to have rock solid confidence in what you are doing and keep your emotions in check.

Understanding = Confidence = Discipline

Many traders look at forex trading and think it's easy but it requires unique skills such as the ability to construct and operate your rule system, ignore news stores, ignore the majority opinion and deal with the emotions of greed and fear.

The good news is:

If you take the time to understand and get confidence in your trading system the chances are you will be a disciplined trader and enjoy currency trading success.

They Did So Could You?

Dennis's group of students did it - and they should act as an inspiration to you as they showed it is possible and the rewards of trading can be life changing. Sure you might not become as rich as them, but there is NOTHING to stop you become a successful trader apart from yourself.

NEW! 2 X FREE TRADER PDFS & PRFESSIONAL FOREX COURSE For a wealth of free forex education, currency trading course, free PDF's and more on Currency Trading Basics visit our website at: http://www.learncurrencytradingonline.com

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Currency Trading Books 3 You Must Read

2008-02-23T04:45:00.000-08:00

Currency Trading Books 3 You Must Read

By: Kelly Price

There are many currency books but here I have selected three that every trader should have in their library of books - if you are seasoned pro or novice trader these books are great forex education.

1. Market Wizards (Jack Schwager)

Schwager interviews 17 trading legends including Richard Dennis, Paul Tudor Jones, Ed Seykota, Marty Schwartz, Tom Baldwin and others. The traders interviewed are not just traders their super traders. There methods may all be different but there is something to learn from all of them,

One of the top-selling trading books of all-time and with good reason - if you can't learn from these guys then there really is no hope

2. What I Learned Losing a Million Dollars - (Jim Paul Brendan Moynihan)

This books focus is on losing and may seem an odd choice as essential reading but it is for this reason as it correctly states

There are many different ways to make money but only a few ways to lose it.

Part biography and part a lesson in money management - if you only thought money management was placing a stop you need this book.

One of the most unique trading books you will ever read.

It focuses on the fact that trading and investing are personal journeys; about finding out who you are, and then how to manage what you find and use this understanding to trade successfully.

The reason why most traders never make money is they don't understand that success comes from within and that trading is all about self knowledge not the method they are using.

3. The Way of the Turtle - (Curtis Faith)

While visiting a turtle farm, legendary trader Richard Dennis had a bet with his big pal and trading partner - Bill Eckhardt that traders were not born - they could be taught.

To settle the bet, they recruited a group of individuals from all walks of life, gave them accounts to trade, and trained them for 14 days and nicknamed them the Turtles.

The Turtles proved Dennis right and earned more than $100 million in less than four years. Here the most successful turtle Curtis Faith goes through the experiment in great depth offering his unique perspective on the experiment.

He explains why the Turtle Way works in today's markets and how to apply it. He also shares his wisdom on taking risks, choosing your own path, and learning from your trading mistakes.

So there you have 3 currency trading books that are essential forex education.

Keep in mind:

Currency trading is relatively easy to learn in terms of method the real problem is getting the right mindset and all the above books will give you a unique insight into getting the right mindset to succeed in currency trading.

Treat yourself and get these 3 currency trading books and learn from true market pro's.

New! 2 X Essential Free Trader Pdfs Professional Forex Course For a wealth of free forex education, currency trading course, free PDF's and more on Best Currency Trading Books visit our website at: http://www.learncurrencytradingonline.com

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Forex Trading - Make Money Fast With These Simple Tips

2008-02-23T04:44:00.000-08:00

Forex Trading - Make Money Fast With These Simple Tips

By: Kelly Price

If you are trading Forex and making mediocre gains or simply want to improve your overall profitability then this article is for you. The tips we are going to list here are not conventional - but most traders don't make money fast in forex trading so don't let that worry you!

These are simple yet powerful tips any Forex trader should consider to improve their profitability. A good place to start is with classic investment book - the Zurich Axioms by Max Gunther. The wisdom is simple, profitable timeless, unconventional, funny and its one of the most inspiring and essential investment books ever written.

Several of the Axioms are not accepted wisdom - however the Swiss investors who wrote them became rich, while most investors are not.

Let's look at some of them.

"Resist the allure of diversification"

Diversify your investments is accepted as a way to make money longer term and reduce risk - but all it does is dilute profits. You will read about risking 2% per trade and spreading your trades around - but if you are like most Forex traders and trading a small account of around $2,000 you won't make much money risking $40.00!

The Zurich Axioms encourage you NOT to diversify.

Look for the big potential winners and risk more. This does not mean you are being rash, you are simply risking more on the high odds trades and ignoring marginal trades - many traders simply trade too much.

In currency trading you don't get paid for how much effort you put in or the amount of trades you make - you get your reward for being RIGHT with your trading signal.

The Pareto Principle - 80 / 20 Rule

The above philosophy of trading less is related to famous the 80 / 20 rule or Pareto principle. The rule states that 80% of your results come from 20% of your activities.

This is true in many areas of life in sales, business and trading.

The rule postulates that by concentrating on the best investments, and ignoring the others, you can improve your profitability.

By only focusing on a smaller number of good trades.

This is really a common sense rule, yet very few Forex traders think about or practice this rule. Most Forex traders are obsessed with trading - they think if their not in the market they will miss a move. Other traders try trading in ways that simply offer them no chance of success like Forex day trading or scalping. I know traders that make triple digit annual gains and only trade once every few months and I know other traders who trade every day and lose.

Keep in mind - the aim of Forex trading is to make money - nothing more.

Love Risk!

The major reason traders don't win is they are frightened of risk.

Does this mean you should act in a rashly or in cavalier manner?

No it doesn't:

However - to make big gains you have to take calculated risks when the time is right and a good trade presents itself and load it up with a meaningful amount of money.

In the Zurich Axioms Gunther states:

"Worry is not a sickness but a sign of health...If you are not worried, you are not risking enough" and "Always play for meaningful stakes. If an amount is so small that its loss won't make any significant difference, then it isn't likely to bring any significant gains either".

If you want to make money fast in forex trading then you need to risk meaningful amounts on the right trades at the right time.

So if you want to make money fast seek out the high odds trades and load them up with as much as you can afford and aim for and achieve higher returns.

New! FREE ESSENTIAL TRADER PDF's + A Unique Forex Course For a wealth of free forex education, a currency trading course and 2 x essential FREE currency trading PDFs visit our website at: http://www.learncurrencytradingonline.com

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Simple Stock Investment Plan for Long-Term Gains

2008-02-21T23:32:00.000-08:00

Simple Stock Investment Plan for Long-Term Gains

By: Vince Shorb

Dollar cost averaging is a dead-simple investment technique that may help young investors achieve long-term gains with less risk. Within an hour you can have this stock market investment strategy set up and working for you.

Long-term gains using a dollar cost averaging plan.

Dollar cost averaging allows young investors to purchase stock investments consistently over a longer period of time. This stock market strategy works especially well with broad-based market index investments like the mutual funds and ETF's that mirror the return of the S&P 500. This powerful and simple investment plan will help lower risk and you have the potential for higher returns.

For young investors looking for consistent gains over time, establishing a dollar cost averaging plan could be a perfect solution. Young investors are able to purchase more shares when the stock market experiences short-term corrections. That way when the index turns around and starts heading up in value young investors are able to profit more because they own more shares.

When the market is rising young investors are able to capitalize on the market trend because they are following a consistent investment plan. As they purchase more and more shares in a bull market that money is going to work for them right away.

Dollar cost averaging spreads the prices that you purchase stock market investments (cost basis) over a longer period. Investors are protected from stock market corrections and benefit from long-term gains in the market.

Steps to creating an effective dollar cost averaging plan.

For young investors creating a successful dollar cost averaging plan is simple. There are two basic steps that will get your money working for you:

1. Decide on the exact amount of money you will invest each and every month. The key to a successful dollar cost averaging plan is consistency. You can increase your investment over time but avoid investing different amounts each month.

2. Set up the exact times you invest. If you decide to invest once per month do so on the same day. For instance, the fifth of every month invest $150. It gets even easier when you put your dollar cost averaging plan on auto pilot. Set this up one time and your investments are made automatically for you each and every month. All you have to do is check your statements to see how your investments are doing.

Improve your dollar cost averaging plan through diversification.

Diversification is a simple spreading out the risk of owning a stock investment by owning many different stocks in a variety of sectors. Instead of owning one individual stock, which is very risky for the inexperienced, you may choose to own a group of stocks. This will reduce the risk of owning any single investment. The investment of choice for many young and beginning investors is broad based indexes.

An example of a broad based market index is the S&P 500. By investing in the S&P 500 index you own a piece of every stock that makes up the S&P 500. Stocks like American Express, Google, Ford, Nordstrom, Home Depot, Staples and Yahoo are a few of the stocks that make up that index. That way you're protected in case one of the stocks in the S&P 500 drops 70% of its value, you're only invested 1/500th, and you won't experience too much loss from that. In comparison, if you just owned that stock by itself you would have lost 70% immediately.

For young investors, keeping your investments diversified and using a dollar cost averaging investing technique - you have effectively reduced risk and are in an excellent position to achieve long-term profits.

Vince Shorb provides Free video investment education for young investors at http://www.FreeBy30.com . His course 'Financially Free by 30' guides young investors, with the use of audio, video and interactive tools, to gain the practical financial education that young investors need to succeed in the real world.

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Far From Being Over, Further Economic Uncertainty?

2008-02-21T06:01:00.000-08:00

Far From Being Over, Further Economic Uncertainty?

By: Mike Wright

To say that Wall Street has been paying close attention to the actions of the US Federal Reserve recently is an understatement to say the least. Last week was no different as the Dow Jones & Co reacted frantically to Fed attempts to stoke greater movement in moribund credit markets.

Last week's mixed economic readings came in a week already made busy by the Fed's decision on Tuesday to lower interest rates for the third time this year, and its part a day later in the coordinated global liquidity 'rescue' plan. Investors have since been debating the effectiveness of such measures.

In one unwelcome development, prices of gasoline at wholesale level jumped 3.2 percent in November, the biggest increase in 34 years. But the news was not all bad last week. The Commerce Department said retail sales rose in November by the largest amount in six months, and a Labor Department report showed a drop in new claims filed by those seeking jobless benefits.

The modest movement came as investors further examined the Fed's agreement with the European Central Bank and the central banks of England, Canada and Switzerland, to combat what it described as elevated pressures in the credit markets.

The market's back and forth trading of the last couple of weeks, is likely to have kept some uneasy investors out of action, not likely to return until after the New Year.

Next week we have yet another look into the US housing market, which hasn't shown any hints of improving anytime soon. Maybe the new bailout plan, which will be freezing the mortgage rates for some of those exotic mortgages for the next 5 years, will help out some people, but its unlikely to be shown in next week's readings.

Also next week is the final reading of the GDP and inflation. Both are potential market movers, as in the last few months rate cuts could have pushed up inflation, therefore hurting consumers and their take home pay.

For a trade this week it may be advantageous to look at a potential increase in volatility in the markets, due to the fact that most traders are going away for vacation, thus creating an overreaction for any major move.

An up or down bet on the S&P 500 with an 18 days to maturity, and 45 points away from the spot on either side, pays a potential 9% ROI. This means that the market has to move 45 points in either direction from Monday's open for you to win.

-THE END-

Name: Mike Wright Address: Regent Markets (IOM) Limited 3rd Floor, 1-5 Church Street, Douglas, Isle of Man IM1 2AG, British Isles. Phone: 448003762737 Email: editor@my.regentmarkets.com URL: http://www.betonmarkets.com & http://www.betonmarkets.co.uk

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Beginners guide to forex trading

2008-02-21T06:00:00.001-08:00

Beginners guide to forex trading

By: Karen Fairham

HOW TO PLAN YOUR FOREX JOURNEY
The forex market is the largest market in the world and growing. But just as the Forex market holds great promises it also holds even greater heart breaks for the inexperienced trader who jumps in headlong.
Most people hear about forex trading and go for a 3 day forex trading course and afterwards believe they are ready to trade forex, but they only learn how unprepared the are the hard way. I am talking from my own personal experience here and I can assure you the pain of seeing your hard earned money fast disappears are indeed a great pain.
But that said is the forex market really a big scam or is it for real? Yes it is for real and indeed you can make a living from it but there are a few things you need to know first.
" Educate yourself first and do it properly (there are books and a lot free materials on the net which will teach you)
" Identify the kind of trader you want to be (either a day trader or a swing trader) this will help you with the next stage which is building your trading plan.
" Have a trading plan (this is very important), reason been that if you do not have a trading plan I can assure you that you have planned to fail even before you began.
" Paper trade your plan to help you strategise properly and fine tune your trading plan.
" Then take your time to find a broker (when looking for a broker check to make sure the broker is registered)
Since Forex trading became popular there has been a huge influx of online forex brokers and trading platforms to the web. Finding your way through them all is a daunting task for most newcomers to forex trading. It is always best to open an account with an established broker with a good online trading platform.
As you go through your forex journey you will also encounter a lot of software peddlers, who will promise you pips upon pips every month. I am not here to dispute any vendor but rather to encourage you not to start of your trading journey with those bad habits that will lead to your failure. There might be some signal developers out there who are for real but it will do you no good to be dependent on these softwares when it comes to calling your trades.

Karen is a full time individual Forex & Futures trader. www.forexvillagers.blogspot.com

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Forex Scalping Systems - Why You Will Lose All Your Money Quickly

2008-02-21T06:00:00.000-08:00

Forex Scalping Systems - Why You Will Lose All Your Money Quickly

By: Kelly Price

Wherever you look on the net you will say adverts for forex scalping and day trading systems which promise regular profits that can make you rich but there is a problem, none of them work, because forex scalping is based on logic that simply is not correct...

The problem of course is prices are determined by humans and I such short time spans as a day you have no way of knowing which way prices are going to go.

Millions of traders all using different methods and governed by the emotions of greed and fear cannot be predicted in such short time spans. This means that daily volatility is random, prices can and do go anywhere in a day and support and resistance is meaningless.

You will always see track records that make huge profits presented but they are all done knowing the closing prices! Let's face it if a track record looks to good to be true it normally is and this applies to forex scalping and day trading systems.

You can simply look for a disclaimer and you will normally find this one or similar on any track record.

"CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN".

Of course if we all knew today's prices in advance, we would all be rich but we don't.

Forex trading is harder - you have to trade going forward not backwards.

Vendors who sell these systems simply use hyped copy and a simulated track record to appeal to naïve or greedy traders - they know the system doesn't work, so they don't bother trading it - they simply make up a track record.

Despite the hype, forex scalping doesn't work and you need to trade the odds to win and that simply is not possible in short time frames.

There are two ways to make money in forex trading, you can either swing trade which takes advantage of trends that last for a few days to a few weeks, or long term trend follow which takes advantage of moves that last for weeks or months.

If you want to enjoy currency trading success, you need to trade the odds - to do this you must have valid data and data within a day or less is not valid.

Forex trading is not easy and you wouldn't expect it to be with the rewards on offer but if you learn forex trading the right way and spend some time on your forex education, you can make big profits and for the effort you put in no other business offers you more in terms of rewards.

So forget forex scalping systems and look to trade the odds, using valid data and this will lead you to currency trading success.

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Researching Stocks: Quicker, Objective, Better

2008-02-21T05:59:00.000-08:00

Researching Stocks: Quicker, Objective, Better

By: Roy Macnaughton

Ian Campbell was sick of wasting his valuable time grappling with all the websites, blogs, newsletters, reports and various information found online that related to how to research stocks online.

It just wasn't working. This bothered Campbell, who for three decades has been viewed as a preeminent expert in the rendering of Canadian independent business valuation opinions in large and medium Canadian public and private company shareholder disputes and company valuations. He literally wrote the books on this subject. They are used by professionals all over Canada.

For several years, with the assistance of three investment advisors, each of whom specialize in different industry groups, Ian has researched macro-economic concepts and investment ideas online. He consistently spent more time doing this than he believed should be necessary. At the same time he had to develop financial and market comparators that he could not readily find in one organized place.

Campbell then considered what he had learned in his years of helping clients determine the value of their companies and investments. He concluded that if the most pertinent data was consistently summarized across a focused group of companies, and focused due diligence techniques were applied to those companies in much the way a company acquirer might do, this should lead to considerable time efficiencies and importantly, to a more in-depth knowledge of the companies.

The result, after nearly one year of research and site-building, is a unique site, recently launched in December.

He was especially interested in the 'due diligence' aspect. This was used to get to the heart of the financial matters of these publicly-traded Canadian Junior Mining and Oil & Gas Industries. Campbell and his team developed a patent-pending 'due diligence' questionnaire that includes more than 200 questions organized by three dozen topical headings.

The questionnaire searches company documents by keywords. The responses of each search are linked to company documents. This allows members to directly link to each specific response as it appears in the company's documents. Later, a special search-report is available for the member's review and follow-up.

Members have an opportunity to quickly and systematically learn a great deal about an individual company without having first to read voluminous corporate documents

Now here is where I think it really gets interesting. Members quickly learn what the company has not disclosed that may be important to their own work. All questions that do not yield a response to the special key words and phrases search are reproduced in an abbreviated 'follow-up questionnaire'. Often the questions that weren't answered are as ' if not more ' important as those that were.

It has taken nearly one year of hard work to find out what the individual investor and the Investment Advisers wanted; then to organize it in one place so they could find what they need and make their own investment decisions. So far, it looks like Campbell has hit the nail right...on the head.

©Copyright, R.W. MacNaughton, 2007

You can learn more about this transparent, time-saving site at: http://www.stockresearchdd.com Roy MacNaughton is a niche marketing coach and business writer. He's a seasoned marketer, with more than 30 years of international marketing and financial experience, including 10 years online. His blog is: http://www.UmarketingU.com

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Forex Education - 6 Vital Tips for Novice Traders

2008-02-20T08:42:00.000-08:00

Forex Education - 6 Vital Tips for Novice Traders

By: Kelly Price

If you want to make money in currencies you need the right forex education and it's a fact any trader can learn forex trading and be successful but most fail to make money - this article will give you 6 tips so you can enjoy currency trading success.

Here are your forex tips in no order of importance but there all essential to your trading success.

1. Success Rests On Your Shoulders

No one else can make you rich you have to understand what you are doing to get the confidence to follow your path with discipline. If you don't understand what you are doing then your discipline will go as soon as you have some losses.

If you cannot follow a forex trading strategy with discipline you have no system.

2. Forex trading is NOT easy

Anyone can learn to trade but the really hard part is the mindset to succeed.

Do not believe anyone who tells you that it is and sells systems saying that you will make money every month or they can predict prices they can't.

There is a huge market for these systems and there mostly junk and come with a worthless simulated track record. As we said success comes from understanding what you are doing and self education is the key that will make you successful.

Forex trading is not easy and wouldn't expect it to be with the rewards to be had but the good news is - it's not that hard either.

3. Work Smart Not Hard

Most traders think the harder they work the more money they will make.

In many areas of life this is true but not in forex markets! You get paid for being right with your trading signal and that's it.

Work smart and learn the right knowledge and avoid all the common myths that most traders fall for which include:

- Day trading systems make money.

- You need to predict forex prices to win.

- The more complicated your trading strategy the more likely you are to win.

- Trading news stories is a great way to make money.

None of the above are true - there all myths we have covered even more in our other articles so look them up.

4. Use Forex Technical Analysis

It's simply the most time efficient and best way to trade.

You can learn it in around two weeks and then spend just 30 minutes a day executing your trading signals - and that's it. All you need to do is learn to act on the reality of price change and not predict.

5. Keep it Simple!

Simple currency trading systems work better than complicated ones, as they tend to be more robust.

Complicated systems fail in real time trading as they have too many elements to break.

6. Know Your Trading Edge

Your trading edge is something that will give you an advantage that will allow you to make profits when 95% of traders lose.

You must understand it and be confident that it will lead you to forex trading success.

If you don't know what it is you don't have one and its time to continue with your forex education until you do.

As you can see form the above your forex education is all about working smart not hard and getting the right knowledge and mindset to succeed. If you can learn currency trading the right way, a life changing income could be yours.

NEW! 2 X FREE TRADER PDFS & PROFESSIONAL TRADER COURSE For a wealth of free forex education, currency trading course, free PDF's and more on Currency Trading Basics visit our website at: http://www.learncurrencytradingonline.com

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Forex Trading MACD

2008-02-20T08:41:00.001-08:00

Forex Trading MACD

By: Paul Bryan

To be a successful forex trader, you must learn how to use the technical indicators, at least few most important ones. These technical indicators are very useful parameters that forecast, with a high probability, the future trend of the market. Moving Average Convergence Divergence or MACD is one such detailed method of using moving averages to find trading signals from price charts.

MACD was developed by Gerald Appel in 1979. It plots the difference between a 26-day exponential moving average (EMA) and a 12-day exponential moving average. A 12-day EMA is obviously faster than the 26-day EMA. A 9-day moving average is generally used as a trigger line, to indicate a bearish signal (time to sell) or a bullish signal (time to buy).

Moving Averages is your "trendy friend". It tells you the average price in a given point of time over a defined period of time. They are called moving as they reflect the latest average, while adhering to the same time measure. The MACD histograms are remarkable visual representation of the difference between MACD and its 9-day EMA. If prices are rising, the histograms grow larger as the speed of the price movement accelerates and contracts as price movement decelerates.

There are three kind of moving averages: Simple MA, Linearly Weighted MA, and Exponentially Smoothed. The latter is preferred as it assigns greater weight for the most recent data. It also considers data in the entire life of the instrument making it a more accurate indicator.

Forex traders study MACD to look for early signals or divergences between market prices. If the MACD turns positive and makes higher lows while the prices are still tanking, this relates to a strong buy signal.

On the other hand, if the MACD makes lower highs while prices are making new highs, this indicates a strong bearish divergence and a sell signal. Although trading divergence is a popular way to use MACD histogram, it is not very accurate. So it is better to use the histograms for trade-entry and trade-exit.

MACD in forex trading responds to the speed of price movement. Most of the forex traders use this to measure momentum and to gauge the strength of the price move than to determine the direction of a trend.

We must remember, MACD is just a technical indicator. A serous weakness of MACD is they lag the market. To overcome this problem, it may be used in combination with two averages of distinct time frames.

However, a logical and methodical approach in managing the rules will result in higher gains. The concept of MACD histogram offers a new way to trade an old idea in forex. It ensures huge scaling up of positions and applies equally for day trading and position trading.

To learn how to trade Forex profitably visit Forex Trading MACD

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Leverage and Fundamental Forex Trading

2008-02-20T08:41:00.000-08:00

Leverage and Fundamental Forex Trading

By: Paul Bryan

Leverage is the ratio of total capital available to actual capital, which is the amount a broker will lend you for trading. For example, if the ratio of 10:1, your broker will lend you $10 for every $1 of actual trading capital you invest.

Most of the forex brokers offer leverage at least 100:1. Forex market offers higher leverage as compared to any other financial trading markets. Leverage also facilitates the forex traders to maximize their trading profits. With the help of leverage, a trader can make use of as high as 200 times the actual sum against the investment. It is a tool for using various economic parameters, such as margins.

Although leverage is a very powerful tool, it should be handled carefully, making sure that you have thought and formulated a risk management plan. You should always apply leverage on a small position or deal size. If it works successfully, it should be applied further on a bigger sum. Here leverage and fundamental forex trading plays an important role.

You can apply leverage frequently but wisely on your daily trading if it is backed by systematic fundamental analysis of the market. As leverage facilitates traders to make full use of the short-term instability or variations experienced in the forex market, it is closely linked with the trend and movement of the market. Market trends, in turn, are always influenced by the global political and economical situation, which can be rightly judged by fundamental analysis.

Fundamental analysis is a method of study that attempts to predict price action and market trends by analyzing economic indicators, government policy, and societal factors. Fundamental analysis alone is difficult to use when dealing with forex, and other margined products.

Because, it does not provide the specific entry and exit points, and therefore makes it difficult to control risk when using leverage. However, fundamental analysis can be used as a guide to judge overall direction or trends in a market.

Forex traders using fundamental analysis rely on news reports to gather information about economic, political, and social parameters. When applying leverage for the trading you must consider this wide perspective where a tiny element can swing the trend against your investment.

Two of the most important fundamental indicators are interest rates and international trade. Others are consumer price index, durable goods orders, producer price index, purchasing manager's index, and retail sales.

You, as an investor in forex must be aware of these indicators before investing large sum on leverage. You therefore must remember that leverage and fundamental forex trading goes hand in hand for a successful trading.

Learn more about Forex trading for free by visiting Leverage and Fundamental Forex Trading

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Stock trading and stock broker as a career to look forward

2008-02-17T20:11:00.000-08:00

Stock trading and stock broker as a career to look forward

By: Peter Frank

A stock broker is a qualified person who deals in various kinds of stocks and securities on behalf on a particular investor. In this case stocks mean shares, which gets traded in the stock market. With the boom in the market people have started to shift their attention and now even a small salaried person who works in a small organization as a clerk wants to trade in the market as the profits that he would earn risking are very high. But he will not be allowed to trade in the market individually. He needs to contact a stock broker or stock broking house. Now who qualifies to become a stock broker? As per SEBI (Securities and Exchange Board of India) in order to qualify for the position of the Stock broker or Stock trader you need to have the below mentioned qualifications

The minimum qualification required to become a stock broker is a graduation with at least 2 years of experience in a stock broking firm. A sub-broker, the previous stage of being a broker needs to have passed the XIIth standard to be eligible for his job. In India there are institutes offering courses in stock broking. Some of the renowned ones providing certified courses in Mumbai are listed below

1. Bombay Stock Exchange's BSE Training Institute, Mumbai 2. Institute of Financial and Investment Planning, B/303,Ventex Vikas, M.V.Road, Andheri(E) Mumbai 69 3. The UTI Institute of capital Market, Plot 82, Sector - 17, Vashi, Navi Mumbai - 400 705

After completing the course one has to register with the Securities and Exchange Board of India (SEBI) to become a broker.

In the earlier times when the markets moved up by 200 and 300 points and when our economies were not so strong students and youngsters were not so keen in taking up this career as it did not provide them with ample opportunities. But now with the markets riding on a wild bull these courses and careers in this field have gained tremendous impetus. The new courses offered make the new entrant equipped with enough knowledge to enter these competent markets without fear.

The professionals have got career opportunities Iunder various fields. He may work in · Business Houses · Stock Broking Firms · Investment Banks · One can work as a dealer or an analyst (to be an analyst one needs to be be a M.B.A or a C.A)

Apart from that if the person gets an opportunity to work in NASDAQ as a stock broker or if you could join any stock trading company who does trading in stocks then the monetary benefits are quite high.

Liberalization and globalization of economy have made the stock broking and stock trading a hot pancake for most investors who have some experience and interest in Stock trading

Visit www.kotaksecurities.com to know more about Stock Broking, Stock Trading, Online Stock Trading services.

Matthew Green Intenational Marketing Manager – Online Kotak Securities

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Charles Dow: His Last Name Says it All

2008-02-17T20:10:00.000-08:00

Charles Dow: His Last Name Says it All

By: Ken Fisher

Charles Dow is one of Wall Street's most significant legends for two very significant reasons -- he created our financial bible, the Wall Street Journal (WSJ), as well as our first market barometer, the Dow Jones Averages. He is also the father of technical analysis. Ironically, Dow went relatively unnoticed for his achievements and died quietly at age 51 in his modest Brooklyn apartment in 1902 -- years before he was credited with revolutionizing the way we now talk about the stock market.

You could explain "his" theory and its technical applications, but during his lifetime, he never laid out a "Dow Theory," per se. When he first began compiling stock market averages in 1884 -- before the WSJ even existed -- he hadn't established much besides an index with an all-inclusive "index number" by which to measure the stock market. Later he added his intuitive opinions. In fact, the Dow Theory as we know it today was only named and extracted from his WSJ editorials twenty years after his death by other market technicians, like William P. Hamilton.

Standing over six feet tall, yet slightly stooped and weighing over 200 with dark eyes and brows, a jet-black beard, and walrus mustache, ultra-conservative Dow had a grave air about him, spoke with measured speech and was reminiscent of an overly serious college professor. He never raised his voice and often said it took him a full 24 hours to get angry, and once angry, he stayed angry. The professorial analogy is strengthened by the fact that, working during the end of the robber baron era, he never chose to play that game, never tried to make a market fortune for himself; he instead chose, to be a sidelines observer and commentator.

He was born on a Connecticut farm in 1851 and worked odd jobs as a kid. His father died when he was six. When he was old enough to choose his career, he chose to abandon farm life for the pen. Following a scant education, he apprenticed for six years with the influential Massachusetts newspaper, the Springfield Republican. Then he moved to a Providence, Rhode Island paper, where he found his niche in financial writing while covering the mining industry beat.

Having made a modest name for himself, Dow, at 31, next ventured to New York and in 1882, founded Dow, Jones & Company with fellow reporter Eddie Jones. They used second-hand office equipment and worked out of a tiny, one-room office in a ramshackle building at 15 Wall Street, building a profitable news agency. They provided daily financial news updates to subscribers, who were mostly typical Wall Street wags. Printed news was scarce on the Street, and there was a value to being plugged into news sources even if they were little more reliable than the gossip proliferating through the crowd. So, their service was cherished, and the firm grew rapidly within the year. Soon, they started publishing a two-page newspaper called the Customer's Afternoon Letter -- the WSJ's predecessor.

It was in the Letter that Dow first published his average, which he left unnamed. For example, on February 20, 1885, his average was compiled from 14 companies -- 12 railroads and two industrials -- whose closing prices totaled 892.92. Dividing this figure by 14, he came up with 63.78. Since the previous day's close was 64.73, the market was said to be down nearly a point for the day. A more precise observer might have been able to note that it was down 1.47 percent. The index was the first enduring attempt at precise market measurement. The index also gave birth to what would later evolve into the entire realm of "technical" analysis, wherein people forecast future price activity based on pricing history.

The Letter grew into the WSJ, in 1889. Costing $5 for a yearly subscription, 2 cents per copy and 20 cents per line for ads, the WSJ contained four pages of financial news and statistics, including bond and commodity quotes, active stocks, railroad earnings and bank and U.S. Treasury reports. At a time when there were about 35 major stocks and several hundred less widely followed names, an authoritative news source began to create, in effect, a standard by which reality was to be measured. We use the same standard today, published by the same firm. That function alone insures Dow a seat in the financial hall of fame.

Dow was a perfectionist. He worked quietly and intently, using his market averages to pursue his theory of market behavior in a series of editorials between 1899 and his death in 1902. Although he predicted the bull markets of the early I900s, Dow disciples believe the furthest thing from his mind was creating a system of buy and sell recommendations; they say he used his own theory to review market history, not predict future activity. Regardless, his efforts linking past and future pricing activity were the seeds of technical analysis, a field which today involves thousands of investment professionals and a major investment of time and money.

The theories Dow put forth in his succinct editorials are technically described in this book's biographies of William P. Hamilton, Dow's successor at the WSJ and major contributor to the Dow Theory; and Robert Rhea, who transformed Dow's and Hamilton's principles into a system.

It is impossible to think of how the Wall Street landscape would look today without Dow's influence. Whether because of his newspaper or technical analysis via his indexes, the name Dow cannot be separated from the market. Dow lived before the beginnings of "the information age." While no one would create an index today that operates in such a bizarre and inferior manner (coupling just a few stocks and price-weighting), nonetheless, it was a breakthrough for its time.

In a world of computers the Dow seems to be our worst major index, poorly conceived and non-reflective of the typical stock in America. But that is looking at it from our perspective today, on the back-end of an information and electronics explosion. Back then it was an easy-to-calculate index, and price-weighting made more sense because the data required to build market cap and unweighted indexes was not readily available and updatable. And the Dow Series was more complete then, because the few stocks they covered were a higher percentage of the relatively few big stocks traded.

Dow was an innovator, foreseeing what wasn't yet there. Several lessons can be extrapolated from Dow's life. First, is the importance of news and information. Second, the importance of perspective -- something this author feels is increasingly lost in a world that now sometimes seems too bombarded with news, opinions, and media. And finally -- the importance of foresight and the ability to see what wasn't yet in the market, and would be important to the future. If instead of being 100 Minds That Made The Market, this book were focus on only a dozen names, Dow would still be one of them.

Copyright © 2007 Ken Fisher

The above is an excerpt from the book 100 Minds That Made the Market by Ken Fisher Published by Wiley & Sons, Inc.; August 2007;$19.95US/$23.99CAN; 978-0-470-13951-6 Copyright © 2007 Ken Fisher

Author Ken Fisher is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his twenty-three-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes' ninety-year history. Ken is the founder, Chairman, and CEO of Fisher Investments, a multi-product money management firm with over $40 billion under management. His success has ranked #297 on the 2006 Forbes 400 list of richest Americans. He is a regular in the media and has appeared in most major American finance or business periodicals. Fisher also recently authored the New York Times bestseller The Only Three Questions That Count, also published by Wiley.

Ken Fisher is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his twenty-three-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes' ninety-year history.

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Weathering the Storm of the Slipping Dollar

2008-02-16T22:24:00.000-08:00

Weathering the Storm of the Slipping Dollar

By: Dane Smith

The greenback has been slipping against the euro, the Chinese yuan, and the pound for the past nine months or so, reaching record lows amidst a global credit crunch and plummeting real estate prices. What does this mean for US growth? According to the Federal Reserve, projected economic growth will slow from more than 2.5, and inflation remains a concern. But one figure does not an explanation give.

The dollar is an indicator of how strong and robust the US economy is, relative to other countries and currencies. As news of record mortgage defaults, volatile markets, and skyrocketing oil prices continue to trickle in from throughout the US, consumer confidence has tumbled and with it their spending has tightened. This signals an impending shift that Americans will have to weather, but which actually provides a useful impetus for making some fundamental changes in the economy.

If Americans are forced to actually save, (rather than going into negative savings, as the average American has within the past two years) a falling currency can actually be absorbed without causing economic devastation. Simply put, most Americans don't plan for their economic future very well, and are in fact in debt more often than not. No matter how much growth the US economy may generally experience, it is unsustainable for our present levels of spending to result in a beneficial outcome indefinitely. Therefore, a falling currency forces a necessary economic reality to be faced, which may have a much better end result, even if the transition is somewhat unpleasant.

A depressing currency also makes US exports cheaper for other countries, hence ensuring that demand for American labor will be attractive to foreign interests. While this may guarantee some growth, if US manufacturers aren't hiring Americans, (because we aren't willing to do the work and illegal immigrants are) the US cannot reap these benefits. Hence another attitude shift is in order: That there are no jobs in America that Americans should be unwilling to perform. This has been a huge strength in US history, as American manufacturing and industrialization fueled its development into an economic powerhouse throughout the twentieth century.

The falling dollar is also beneficial in that OPEC prices oil in dollars. This means that even though oil almost reached 100$ a barrel within recent weeks, it was still less expensive than it could be if they decided to price oil in euros. Therefore OPEC absorbs the weakness of the dollar in tandem with consumers, thus placing no special burden on Americans. If they were to price oil in another currency, Americans would be hard-hit, but perhaps the US would be able to cut back its dependence on foreign oil. It's possible that rising oil prices, coupled with the other factors mentioned, could trigger the growth of alternative energy production on a wider scale.

Above all, the US benefits from a less powerful currency because the current model for economic growth is unsustainable, if not downright foolhardy. In order for America to remain a world leader, it must be able to lead more than amount of products consumed. The US also has to be able to produce more sophisticated solutions for its weaknesses at a lower cost, which it now has the opportunity and incentive to do.

Ki Gray is an Austin real estate broker helping sellers and buyers through the transaction process. His site provides access to the Austin MLS, market analysis on his Austin real estate blog, and Austin real estate information in general

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Currency Trading System - Tips On Getting One for Profit

2008-02-16T22:23:00.001-08:00

Currency Trading System - Tips On Getting One for Profit

By: Kelly Price

There are numerous currency trading systems for sale online but 95% of them are junk. There are some good ones out there and they can make you great profits, so follow the tips below and find the best currency systems.

1. Real Track Records

The first point to make is that you should if possible get a system that has a real track record that means real dollars, real trading and audited.

This may not ensure future profitability but shows the logic is probably soundly based and that the vendor has had the confidence to trade it.

2. Simulated Hypothetical Track Records

Most currency trading systems don't come with a real track record but with a simulated or hypothetical one and you need to take these for what they are:

Designed in hindsight knowing the closing prices - there is nothing wrong with back testing but you must ensure the testing was done correctly.

This is the subject of the next point:

3. Beware OF Curve Fitting

Of course it's easy to make profits if you know the forex price data already and many vendors simply make track records up and bend the system to fit the data.

When you see a track record with huge gains and low drawdown the likelihood is the vendor has bent the system rules

It is therefore a good idea to see the system rules - do not try and trade any system you do not know the logic of.

A good currency trading will have simple rules and simple logic.

If they do and the test is realistic then they can work in real time - if their curve fitted they won't work.

Clues to curve fitted systems are:

Lots of rules, unique rules for various trading conditions and different rules, for different currencies.

Curve fitting is the major reason most forex trading systems lose.

Many traders bend the system to fit the data - without realizing but many vendors do it on purpose. This is done to show track records which are simply too good to be true to appeal to the greed of buyers - these people are not traders their normally marketing organizations.

Keep in mind if you see a track record which looks to good to be true it probably is.

THE KEY TO FOREX SUCCESS...

They key to making money with a trading system is to follow it with discipline.

This means you MUST understand the logic it is based on to have confidence to trade it through inevitable losing periods, so you need to understand and agree with the logic.

If you don't have the discipline to follow your currency trading system, you don't have a system.

You will never follow a mechanical trading system unless you have confidence so make learning it part of your forex education.

If you follow the above tips and have realistic expectations from your currency trading system, you check the logic and you're happy with the performance and draw down then you can trade it for real and enjoy currency trading success for very little effort.

NEW! 2 X FREE ESSENTIAL TRADER PDFS AND - PROFESSIONAL TRADING COURSE For 2 free trading Pdf's with essential trading info and more on currency trading systems visit our website at: http://www.learncurrencytradingonline.com/index.html

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Major Forex Indicators

2008-02-16T22:23:00.000-08:00

Major Forex Indicators

By: Andrew Daigle

Certain financial indicators have a history of moving the financial markets when the actual numbers don't match consensus. This article explain what some of the better financial indicators are and the ones traders should pay close attention to when trading the forex market.

APICS Survey - The APICS survey provides detailed information of the manufacturing sector. This survey is less well known than the ISM, but can also suggest trends in production. The diffusion index does not move in tandem with the ISM index each month, but sometimes the two do move in the same direction. Since manufacturing is a major sector of economy, investors can get a feel for the general economic backdrop for several investments. These surveys also play an important role in learning forex trading.

Business Inventories - The degree of inventories in relation to sales is an important signal of the near-term direction of production activity. Investors need to monitor the economy closely because it usually dictates how various types of investments will perform. Growing inventories can be an indication of business optimism that sales will be growing in the coming months. By looking at the proportion of inventories to sales, investors can see whether production demands will expand or contract in the near future. The business inventory data provide a valuable forward-looking tool for traversing the economy and it is greatly used while making forex trading strategies.

Chain Stores Sales - It is monthly sales volumes from department, chain, discount and apparel stores. Sales are reported by the individual retailers. Chain store sales are an indicator of retail sales and consumer spending results. Consumer spending accounts for two-thirds of the economy, so if you know what consumers are up to, you will have a pretty good grip on where the economy is headed. Sales are reported as a change from the same month a year ago. It is significant to know how strong sales actually were a year ago to make sense of this year's sales. In addition, sales are normally reported for "comparable stores" in case of company mergers.

Construction Spending - Data are available in nominal and real (inflation-adjusted) dollars. Because of their forex trading strategies, businesses only put money into construction of new factories or offices when they are sure that demand is strong enough to justify the expansion. The same goes for individuals making the investment in a home. That's why construction spending is a good indicator of the economy's momentum.

Consumer Confidence - It is study of consumer attitudes concerning both the present position as well as expectations regarding economic conditions conducted by The Conference Board. The level of consumer confidence is directly related to the intensity of consumer spending. Consumer spending accounts for two-thirds of the economy, so the markets are always dying to know what consumers are up to and how they might act in the near future. The more confident consumers are about the economy and their own personal finances, the more likely they are to spend. With this in mind, it's easy to see how this index of consumer attitudes gives insight to the way of the economy. Changes in consumer confidence and retail sales don't move in tandem month by month.

Consumer Price Index (CPI) - It is measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly changes in the CPI represent the inflation rate. The CPI is the most followed indicator of inflation in the United States, some forex training institutes also keeps record of it for training purpose. Inflation is a general increase in the cost of goods and services. The relationship between inflation and interest rates is the key to understanding how data like the CPI influence the markets. By tracking the trends in inflation, whether high or low, ascending or descending, investors can anticipate how different types of investments will perform.

Current account - It is a measure of the country's international trade balance in goods, services and unilateral transfers. The level of the current account, as well as the trends in exports and imports, are followed as indicators of trends in foreign trade. U.S. trade with foreign countries hold significant clues to economic trends here and abroad. According to forex training experts this data can directly affect all the financial markets, and particularly the foreign exchange value of the dollar.

Andrew Daigle is the owner, creator and author of many successful websites including ForexBoost at http://www.ForexBoost.com and http://www.squidoo.com/forexboost , Free Forex Training Resource for the Novice and Advanced Forex trader.

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Currency Trading Signals - How To Make Huge Profits With Them

2008-02-15T23:13:00.000-08:00

Currency Trading Signals - How To Make Huge Profits With Them

By: Monica Hendrix

You currency trading signal is your way of timing the market and determines whether you win or lose and most people lose as they don't understand one key fact behind their currency trading signal so here it is...

The key factor that will determine whether you win or lose long term with your forex trading strategy is - understanding the logic your signal is based upon and most new forex traders in particular, forget this and never make it part of their forex education.

There is a huge industry today in currency trading, where companies and vendors that will sell you currency trading signals and send them to your mobile, or your email box. Most traders simply take the vendors word for it or simulated track record, that these signals will make money.

The trader has no idea of the logic and as soon as they hit a few losses, they throw in the towel.

The same goes for forex traders who buy forex trading system software that generates trading signals. They again accept a simulated track record of profits and have no idea why the system should work (and in most cases it doesn't) and again they throw in the towel when they hit a few losses.

If you want to follow trading signals you MUST understand the logic they are based upon and be convinced it is soundly based, so you can follow the trading systems signals through the bad periods to hopefully, enjoy long term currency trading success.

The equation that is vital to succeed in forex trading (if you follow a vendor) or generate the trading signals yourself is:

Logical methodology = Understanding = Confidence = Discipline = Forex trading success.

Today, too many traders follow vendors who produce enticing marketing copy and make up a simulated track record in hindsight and the trader is blinded by greed and fails to check the logic is sound and that they understand it.

Where and when you enter your trading signal is vital to you winning longer term at FX trading and you need to know the logic, to have confidence in it and the discipline to follow the signals through periods of drawdown.

Trading is only partially method, the overriding reason traders lose is lack of discipline.

The best way to succeed in forex is to do your homework and understand exactly how and why your currency trading signal is generated, by learning your vendors system and testing it or even better building your own system.

If you want to learn forex trading the right way you need to understand the logic that your currency trading signal is based upon - PERIOD.

NEW! 2 X FREE ESSENTIAL TRADER PDFS + PROFESSIONAL FOREX TRADING COURSE

For 2 free essential trading Pdf's with 90 of pages of essential info and more on Currency Trading Signals for profit visit our website at: http://www.learncurrencytradingonline.com/index.html

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Online Forex Trading: What Kind of Forex Broker Should You Look For?

2008-02-15T23:12:00.000-08:00

Online Forex Trading: What Kind of Forex Broker Should You Look For?

By: Peter Halpin

Foreign currency trading, or forex trading, has become a very popular market worldwide, mainly because of its liquidity and 24 hour trading cycle. This tends to eliminate those nasty overnight "price gaps" which traders of the stock market fear. This is one of forex trading's most attractive features. Being able to trade outside of normal working hours is another.

To make a living from forex trading, you need a reliable trading platform that is easy and convenient to use and offers the same tight spreads to large and small players alike. You also want a system that offers the ability to test your trading approach before committing real money.

Your preference should be a system that you can use to place or close a trade pretty much anywhere there is an internet connection. The factor that allows you to do this, is that your broker's interface allows you the option of trading using a Java based system. This is another way of saying you don't have to download any special software which could only be used on your PC or laptop.

This is a big plus, because it means you're not tied to your own computer in order to trade. You can do it at the library, internet cafes, even at your work PC because your trading interface with your broker is "web based" not software based.

But for all those extra little features, your broker should also provide downloadable free trading station software, which gives you full featured charts and other decision making tools.

An example of a trading platform which does all this, is Forexyard. This company has brought together some very talented and well educated professionals, to produce a system that offers excellence in online FX Trading with a worldwide client base.

Another important feature you want, is ease of establishing an account. You'd like to be able to sign up online and start trading within minutes using your credit card to fund your account, especially if you've just become aware of a great trading opportunity and don't want to miss it. Credit card security and your personal privacy is important as well. Some brokers like Forexyard offer a "SuperMini" account, where you can start trading with as little as $100.

You also want a broker that makes withdrawing funds an easy process, particularly if you're only a small trader.

It is common among many forex market makers to freeze their spread prices when price spikes occur. A trader's worst nightmare is getting frozen out and unable to exit when a sudden price move, either in your favour or otherwise, takes place.

Another big item is a forex trading platform which has a uniform commission or spread policy for all. Clients with small accounts should have the same advantage as the professionals, so you want a broker who gives the same tight spreads across the board. Many brokers only offer these to more experienced account holders, while less experienced clients are given spreads 1-3 pips higher. A "universal pip rate" is a big plus.

You want to be able to practice trading with live charts and real-time prices without using real money? You should look for a forex trading platform that offers a "virtual trading" demo-account facility. This is a great way of testing out trading systems, particularly if you use technical analysis as your decision making tool.

Finally, you want a broker whose package includes well informed forex training and education, as well as current market trends and analysis. You would want to include in this, information on charts and proven technical analysis techniques.

Good brokers or market makers like Forexyard and others, offer all the above features and benefits. Investing your hard earned money with them can make all the difference to your forex trading experience.

For an interesting review about the Forexyard foreign currency trading platform at http://forexyardreview.com

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Bet on further Dollar weakness

2008-02-13T22:38:00.000-08:00

Bet on further Dollar weakness

By: Mike Wright

The economic roller coaster continues, but unfortunately sick bags will not be provided says BetOnMarkets.com's Michael Wright.

Wall Street resumed its slide last week, as the uneasiness about the wilting mortgage market and concerns about the broader economy, triggered selling ahead of the unofficial start to the holiday shopping season. The Standard & Poor's 500 index and the Dow Jones industrial average were both hurt by traders unwinding positions going into the Thanksgiving holiday weekend.

The decline in the markets has put the S&P 500, FTSE 100 and French CAC indices in negative territory for the year. Many investments such as such as ISAs or tracker funds simply track the benchmark markets, which means that at the time of writing, a lot of passive investors are looking at negative returns for 2007.

The stock market has been thrashing about recently as investors attempt to gauge how companies will fare amid a further slowdown in the U.S. housing market, a deterioration of credit, and record oil prices. Up to last Wednesday's slide, stocks had fallen in eight of the 11 last sessions.

In economic news, the US Conference Board suggested an economic slowdown could accelerate in the coming months, amid rising costs and further weakness in the housing market. Also, the Reuters/University of Michigan Consumer Sentiment Survey showed its lowest reading in two years - an unwelcome development for retailers entering what is for many, the most important period of the year.

Investors turned to government bonds amid the uncertainty. The yield on the 10-year US Treasury note, which moves inversely to its price, fell to 4.01 % from 4.09 % late Tuesday. This flight to quality is occurring as LIBOR rates tick up again, and many debt auctions are pulled.

All of this didn't do much to help the US dollar, which over the last few weeks has been weaker and weaker against the major currencies. At the time of writing the EURO was worth 1.4860 USD and the GBP was trading at 2.0655 per US dollar. Since 2003 central banks have gone on record to announce that they are diversifying away from US denominated holdings, and buying euros and gold. There has also been anecdotal evidence of the Dollars' decline, with supermodel Giselle Bundchen demanding payment in Euros, and recent rap videos displaying wads of Euros instead of Dollars.

The decline has accelerated in recent months as traders price in a weaker US economy and further currency eroding rate cuts. With signs that the US economy is no longer creaking, but cracking, a weak dollar may be here to stay for the foreseeable future. In short, this may not be a temporary weakness.

The average trader can profit from the decline of the US dollar, by buying a Betonmarkets.com 'no touch' option. This compensates the trader if the underlying market doesn't touch the predetermined level.

A No touch option on the Euro/USD exchange rate with a 20-day duration, and 550 points (5.5 cents) away from spot, pays 8%. This mean that the Dollar could weaken further, strengthen slightly, or stay where it is and the trader would still win.

- THE END -

Contact Details:

Name: Mike Wright Tel: 448003762737 Email: editor@my.regentmarkets.com Url: Betonmarkets.com & Betonmarkets.co.uk

Address: Regent Markets (IOM) Limited 3rd Floor, 1-5 Church Street Douglas, Isle of Man IM1 2AG

Regent Markets is the world's leading fixed odds financial trading group. Through its main multi-awarding winning websites, BetOnMarkets.com and BetOnMarkets.co.uk, it has established itself as the leading global provider of a unique, powerful way to trade the world's major financial markets. The number, length and variety of trades available to our clients exists nowhere else in the world.

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Why Interest Rates Matter

2008-02-13T22:37:00.000-08:00

Why Interest Rates Matter

By: Jon Beddell

Markets can be volatile, or to put it another way, fickle! One of the main drivers behind currency movements are interest rates. Each economic area has its own central bank which sets interest rates according to its outlook for growth and inflation.

The aim of monetary policy is to walk a tight rope between stimulating growth, and staving off inflation. All other things being equal, demand for each currency is largely dependent on these relative interest rates, as investors from around the world move money around in search of the best return.

For example, the central bank rate in New Zealand is 8.25%, which means there is plenty of demand for the currency. By contrast, the yen offers just 0.5%, and until recently has been very weak against other major currencies as investors attempt to exploit this difference by making so called carry trades (borrowing in one currency with low interest rates and investing the money in another currency with a higher interest rate).

More relevant to anyone buying a property abroad over the next year is how interest rates are having a negative effect on the pound. When the credit crunch became big news in the summer, the US Federal Reserve acted quickly to cut interest rates. As it did so, investors naturally dumped the dollar in favour of other major currencies whose interest rates were not falling, namely the euro, and to a lesser extent the pound. The euro/dollar and sterling/dollar exchange rates rose sharply as a result.

Since then it has become increasingly apparent that the Bank of England will also cut interest rates in the next couple of months. Investors now have good reason to add sterling to their list of currencies to be avoided, especially while uncertainty remains over the timing of any cut.

Meanwhile, the European Central Bank are keeping rates on hold, with no clear indication of any rate cuts in the pipeline, making the euro a relatively safe bet in the short term. So in summary, the relative allure of the Euro has grown as the interest rate advantage of holding sterling or dollars has diminished.

Of course, for anyone buying dollars, the extreme weakness in that currency means you can still get a great exchange rate!

This article is brought to your by http://www.TorFX.com, Specialists in foreign currency exchange. For the latest foreign currency exchange rates visit http://www.TorFX.com

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How we got here and where we are headed

2008-02-13T22:26:00.000-08:00

How we got here and where we are headed

By: Monty Guild

This is a season of reflection with the harvests in the northern hemisphere and the planting season in the southern hemisphere. We are thus reflecting and wanted to take this opportunity to thank you for your confidence, friendship, and readership.

HOW WE GOT HERE AND WHERE WE ARE HEADED

Every so often it is our policy to review the history of what brought us here to this place in world economic history and thus to see what the economic and stock market future holds.

1. In 1989, The Berlin wall fell and the Soviet Union collapsed. It turned out that the Soviet Union was a much bigger economic failure than western economists had realized and all of the left wing discussion of instituting Soviet-style planned economies stopped in the Western universities, and stopped being practiced by many third world countries.

2. Instead, third world countries took their cue from the newly developed Asian Tigers which grew so nicely in the 1980 and 1990's. At the time, the Asian Tigers were: Hong Kong, Korea, Singapore, and Taiwan. Countries that wanted to develop and to grow began to emulate these countries economic policies which were based upon market capitalism.

3. When China created property rights for foreigners, China received a wave of outside capital investment which continues to this day. Due to this wave of investment, China has developed into the most successful economic story of the new century. India has been more reticent to accept foreign capital and clings to some of the old socialist policies but they too have grown stunningly fast. Simultaneously, the developed countries' economic growth is slowing.

4. Because the social safety net is limited, residents of these developing and newly-developed countries tend to save more than people in developed countries. So a huge wave of savings has accumulated in the developing world. This is a key thing to remember.

5. At the end of 2006 the world found itself with a group of debtor nations with free spending populations...the developed world, and another group of creditor nations with saving populations...the developing world.

6. In 2007 a world financial crisis has developed around sub-prime debt and many of the world's banking institutions and investment banks are shaky. We believe that this crisis will be solved by a four pronged attack.

New capital investments in the shaky banks by developing country companies (in other words; Chinese, Russian, United Arab Emirates and Saudi Arabian companies among others) may redeploy their savings to invest in western financial institutions to strengthen them. The World's central banks will unleash a wave of liquidity to create confidence in the global banking system. An organization will be funded to purchase illiquid debt and make a market in it so that transactions can be carried out. This may be funded by private or government sources in the U.S., and maybe in Europe. The U.S. Treasury and other governments will buy up low quality debt to guarantee financial institutions against excessive losses. Taxpayers will bear the brunt of the folly of banks. THIS BRINGS US TO TODAY

Two major trends dominate:

Trend 1 Some countries are growing much faster (and will be for the next few years) than others.

Clearly, the fast growing parts of the world: China, India, developing Asia, Latin America, and Eastern Europe will have the majority of the corporate profits and growth in coming years . As a result, most wise investors will focus on these regions. We have been investing in these regions for decades and will continue to focus our investments where the growth is to be found.

Trend 2 We have predicted it for a few months, and it has arrived. The U.S. is in a recession. Europe may also end up in a recession. This will cause a slow down in growth in the emerging world, but their growth will remain positive and will re-accelerate as the U.S. recession winds down.

The banking crisis and recession have left the U.S. dollar in shambles. The U.S. dollar is still sick. Gold and some foreign currencies have been a good alternative to a depreciating dollar.

BEN BERNANKE MAKES HIS MARK

You would not expect the Fed to be so direct, but the Federal Reserve of Ben Bernanke is proving to be a far cry from the Federal Reserve of Alan Greenspan in terms of transparency and candor. This is especially noticeable in the minutes of the last Fed meeting. Let me explain.

A disturbing note, The Federal Reserve governors in the minutes stated that the Fed did not believe that the U.S. economy could grow more that 2.5% per year without engendering inflation. Even while they held that the high food and fuel prices that had been plaguing the economy would end after 2008 causing inflation to decline. This is not good news.

IF I MAY TRANSLATE 1. After the current recession ends, if the U.S. economy grows at about 2.5% a year this compares very unfavorably to China growing 11% and India 9%per year. May I pose a question? Why would anybody own U.S. stocks with a declining currency and a 2.5% GDP growth when they can get stocks abroad at comparable PE ratios and with GDP growth of 3 or 4 times as much?

Let me further elaborate, GDP growth of 2.5% long term probably means corporate profit growth of about 8%. While GDP growth of 9% or 11% probably means corporate profit growth of 30% plus. We believe that stock prices are a function of corporate profits. There is in our opinion ample historical proof of this and it also makes excellent logical sense. Thus, faster growth in profits means a faster rise in stock market valuations. In other words you make more money in stocks when profits are growing faster...and profits grow faster when economic growth is faster.

All of the above is very bullish for the long-term growth of the stock markets of China, India, and other fast growing countries. We discuss the short term outlook below.

2. If the U.S. economy gets up a head of steam and grows faster than 2.5% the Federal Reserve believes that inflation will rise. Another word for rising inflation and slowing or flat growth is Stagflation.

Clearly stagflation is to be avoided...no growth combined with rising inflation means a lower standard of living for all who experience it...This is a very unattractive outlook and although we don't see that right away we do not rule it out in the long term, especially if the U.S. government keeps making such unwise economic decisions as they have over the last few years.

SUMMARY-WE STILL LIKE THE SAME LONG-TERM THEMES

India and China are getting a correction and we plan to buy them after a decline. Currently, we are very light in these two countries.

Gold and precious metals also getting a small correction and we will continue our commitment here. They benefit from a lower dollar, and the fact that inflation is rising in the emerging world.

Due to a recession in the U.S. which we believe has already begun, and a possible recession in Western Europe, base metals will be under pressure for a few months as some of the developed world goes through a recession. The developing world will slow down but continue to grow. We will avoid base metals while much of the world is in recession.

Foreign currencies continue to outperform the U.S. dollar, and we believe that this trend will continue long term.

Energy continues to hit new highs. After oil peaks and pulls back we will add to our commitments here.

Altogether for the long term; India, China, non Japan Asia, precious metals, energy, non U.S. currencies, and base metals will continue to outperform, although a correction is currently under way in many of these areas.

We plan to hold much of our cash in foreign currencies or short term foreign government bonds, as has been part of our strategy for several years.

These articles are for informational purposes only and are not intended to be a solicitation, offering or recommendation of any security. Guild Investment Management does not represent that the securities, products, or services discussed in this web site are suitable or appropriate for all investors. Any market analysis constitutes an opinion that may not be correct. Readers must make their own independent investment decisions.

The information in this article is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject Guild Investment Management to any registration requirement within such jurisdiction or country.

Any opinions expressed herein, are subject to change without notice. In addition, there are many market, currency, economic, political, business, technological and other risks that are beyond our control. We make reasonable efforts to provide accurate content in these articles; however, some content and some of the assumptions, formulas, algorithms and other data that impact the content may be inaccurate, outdated, or otherwise inappropriate. In addition, we may have conflicts of interest with respect to any investments mentioned. Our principals and our clients may hold positions in investments mentioned on the site or we may take positions contrary to investments mentioned.

Guild’s current and past market commentaries are protected by copyright. Apart from any use permitted under the Copyright Act, you must not copy, frame, modify, transmit or distribute the market commentaries, without seeking the prior consent of Guild.

Monty Guild founded Guild Investment Management in 1971. Mr. Guild is a recognized expert in the areas of international investing and economics. He has been a writer and speaker on economic issues for 30 plus years and has been widely quoted in the world media. Mr. Guild supervises the investment and research functions at Guild Investment Management. He holds a BA in economics and an MBA with highest honors.

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Forex Myths - Believe These 10 Common Myths and You Will Lose

2008-02-13T22:25:00.001-08:00

Forex Myths - Believe These 10 Common Myths and You Will Lose

By: Kelly Price

The forex myths below are believed by 95% of forex traders and that's why they lose - if you want to win then avoid these forex myths.

1. You need to predict to win

No you don't. If you try to predict forex movements you're really hoping and guessing and you don't get rewarded for that in forex trading. You need to act on confirmation and trade the reality of a turn not just hope.

2. Markets move to a scientific theory

No they don't. This myth is perpetrated by vendors selling systems based upon Gann Fibonacci and Elliot. Of course if markets did move to a scientific law, we would all know the price in advance and there would be no market! Common sense really.

3. The More Knowledge I have the better

Not true. You need the right knowledge and even that is not going to help unless you can apply your forex trading system with discipline.

In forex trading you don't get rewarded for effort, you get rewarded for being right - in the execution of your trading signal. That can take 10 minutes or 10 hours but effort does not equate to success.

4. Discipline is easy

If you think following a currency trading system is easy you have never traded forex - it's hard, even for experienced pros. In fact, the only way you will ever do it is - if you understand your system how and why it works and have confidence.

This means not just following a system blindly - but understanding why it will lead you to currency trading success, when you hit a string of losses.

5. The more complicated my strategy the better

After all 10 indicators are better than 3 - Not true. It's a proven fact that simple systems work best, as there are fewer elements to break.

6. Buy low sell high is a great way to make money

If you believe that then you will miss the best trends that offer the best odds.

Why?

Because most major trends start and accelerate from new market lows or highs and you need to trade these breakouts.

7. Money management is easy all I do is place a stop

Placing a stop is not money management! You need to see money management in terms of risk to the overall account. Money management is critical to success yet most forex traders do it as an after thought.

8. I need to earn from losses

Well if you have a forex trading system, you are going to lose at some point. If the logic is soundly based you learn nothing - just take it on the chin.

Once you have a trading system you're happy with you, don't need any more education you simply trade it.

9. Experts know best I will follow them

Not in forex trading. We have great newswires but there just stories reflecting the greed and fear of the majority. Will Rogers once said:

"I only believe what I read in the papers"

He was joking of course - but many traders read a story and think its gospel and forget markets always rally when the news is most bearish and fall when it's most bullish.

If the news helped traders a lot more would win and 95% don't they lose.

10. Day trading is a great way to make money

Really? Then why do you never see a forex day trading system with real time track record?

Because it doesn't work.

All short term volatility is random and forex traders get wiped out.

Again it's a good story and so is Harry Potter - but I don't believe I can fly!

Avoid day trading which is perpetrated by vendors appealing to greed and naivety.

ONE FINAL POINT!

If you want to win you need to avoid the above forex myths and get a trading edge. A trading edge is something that helps you win and enter the elite 5% who make big gains and enjoy currency trading success.

If you don't know what yours is don't trade and all the above myths will NOT Give you an edge - PERIOD.

PROFESSIONAL FOREX TRADING COURSE and FREE ESSENTIAL TRADER PDFS For free 2 x trading Pdf's with 90 of pages of essential info and an exclusive Forex Trading Course visit our website at: http://www.learncurrencytradingonline.com/i

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The uranium price is regaining momentum

2008-02-13T22:25:00.000-08:00

The uranium price is regaining momentum

By: Fat Prophets

Uranium prices rose 7% this week after Cameco Corp delayed a project and both Uranium One and Paladin Resources cut their production forecasts.

Uranium oxide concentrate for immediate delivery, which is used to manufacture fuel for nuclear power plants, rose to US$90 a pound, from US$84 at the end of last week, according to the Denver-based pricing service, TradeTech LLC. Uranium has jumped 20% over the past month.

The advance "gained momentum as news of production shortfalls made its way into the market," TradeTech said in its report. That "prompted sellers to withdraw from the market."

Production delays will worsen a uranium shortage that in June helped propel the price to a record US$138 a pound. The shortfall in supply has already forced producers including Cameco and AngloGold Ashanti to buy material on the spot market this year to meet contracts.

Bloomberg reports that uranium miners last year produced 103 million pounds of the metal, equal to about 65% of world demand. The rest came from government stockpiles and material extracted from decommissioned nuclear weapons.

Cameco has announced that it will delay the start of its Cigar Lake mine to 2011. The mine was originally expected to account for about a 10th of world output from this year. It is the largest untapped source of uranium in the worlds, but was flooded during October 2006.

Paladin, the Australia-based company producing uranium in Namibia, said in late October that it will produce 650,000 pounds at the Langer Heinrich mine in the second half of this year, a third less than expected.

Uranium One, owner of South Africa's biggest uranium deposit, has cut its 2008 production target by 38% because of a shortage of sulfuric acid, an essential component necessary in recovering uranium from the ore.

The company's shares fell by 18% to C$10.49, representing the company's biggest share price fall since Nov 1 2004, and its market value was cut to US$5.17 billion.

The company now expects to produce 4.6 million pounds of uranium oxide next year, down from an earlier forecast of 7.4 million pounds, citing a shortage of sulfuric acid needed to process ore in Kazakhstan.

Uranium One also reduced its forecast for production of uranium oxide this year by 16% to 2.1 million pounds because of delays in commissioning a South African plant.

Uranium rose for the third straight week to US$84 a pound on Oct 26, according to Metal Bulletin. The metal had fallen as low as US$75 a pound during October from the June peak after some nuclear-power operators temporarily withdrew from the market.

IMPORTANT: This message, together with the Fat Prophets website (www.fatprophets.com.au) and all its contents have been prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore talk with their financial planner or advisor before acting on any information present on this message or the Fat Prophets website. Performance is hypothetical and based on recommendations made in the Fat Prophets report. The table is updated monthly. Transaction costs have not been taken into account. Past performance is not a reliable guide to future performance, and investors should be aware that returns can be negative. For a full explanation of the performance calculation methodology, please contact Fat Prophets.

Fat Prophets are leading independent stock market advisors whose independence in financial markets is derived from the fact that we do not execute share transactions or provide investment banking services. fatprophets.com.au

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The 5 Year Bull Market Myth!

2008-02-13T22:24:00.000-08:00

The 5 Year Bull Market Myth!

By: Antonio Filippone

Every time you read the financial section of the paper these days it seems that someone is calling attention to the recent 5 year run the market has experience. But you have to ask yourself can you really tell anything at all from such a short term gain. After all how does this really effect the average investor?

I liken it to the horse wearing blinders effect. Not that I get out to the horse races much but if you have ever been to one you will notice that they put these things called blinders on the horse's eyes so they will not get distracted during the race. Sometime our gut reactions as humans make us act just like those horses wearing blinders and we tend to see only what has happened lately. This is exactly the case of the mythical 5 year bull market and this phenomenon can be very dangerous to the novice as well as the experienced investor. Let me explain.

First let's look at this so called bull market and why it has been deemed as such. Going back about 5 years ago to September 30, 2002 the S&P 500 closed at 827.37. Flashing forward just a little over 5 years to October 8, 2007 the S&P closed at 1,554.41. If you do the math that equals an attractive annual growth rate of 14.19% per year. Wow you might say, what's wrong with 14%, sign me up! The problem is this is not the whole story. In fact this is a dangerous story if market makers and mutual fund promoters use this information to influence countless investors to invest in the market without considering the true risks and the effects these risks will most likely have on their returns. Let's take our blinders off for a moment and consider the long term implications of this mythical market.

What if we were to go back just 24 months to the year 2000. In fact let's go back to January 3, 2000 when the S&P 500 index closed at 1,441.47. Let's assume that this just so happened to be the date that you decided to invest your hard earned money into the market. Would you still be up 14.19% per year on average? Hardly. In fact you would have spent two years with a stomach ache watching your money decline as the market dropped to the bottom on September 30, 2002. In fact you would have lost 42.6% of your investment. Could you afford to lose that much money in so short a time?

But some may argue that this was only a paper loss and if they would just hang in there until the market rebounded they would be fine. The truth is the market did rebound but with what effect?

If you would have invested your money directly in the S&P 500 on January 3, 2000 to October 8, 2007 for a little over 7 years your compounded annual growth rate would have been .96% during the entire period. Not even one percentage point.

Now that is a market that suddenly does not look so bullish does it? And all we did was look back an additional two years. What if we looked ahead?

What would the S&P 500 Index have to do over the next two to three years so that by 2010 this investor would actually be able to justify all of the risk that he/she just took over this 10 year period?

If by the year 2010 the market increases by 50% this lucky investor will have an effective 10-year rate of return of a whopping 4.20%!

The truth of the matter is that the next 3 years have to be incredible just to provide long term investors with somewhat competitive results. Returns that they could have otherwise achieved with much less risk and much more certainty.

So while the 5 year bull market did happen for a lucky few, chances are if you have been a long term investor over the last seven years you have barely broke even. How much better off could you have been if you had invested in safer, less volatile, or even risk free alternatives. Before you get ready to listen to the market makers or mutual fund marketers make sure you know the facts. Don't get sucked into the hype of the mythical 5 year bull market. If you are not sure exactly how well your investments are doing you may want to seek out the assistance of a qualified advisor who can tell you not just what your fund has averaged over the last 5 or 10 years but who can help you analyze what your true return has been and if you are as far ahead as you think or if it may be time to reevaluate your holdings. While blinders may work well for horses they can be devastating to investors.

Antonio Filippone specializes in helping middle income families avoid the stress of living paycheck to paycheck. Readers interested in learning how they can save for their future without having to change their current lifestyle can request a free copy of Mr. Filippone's booklet by visiting his website at http://www.tonyfilippone.com

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Make Money Fast - With a Proven Method Anyone Can Follow

2008-02-12T00:28:00.001-08:00

Make Money Fast - With a Proven Method Anyone Can Follow

By: Kelly Price

Here we are going to look at a proven way to make money fast which anyone can master and only needs a few hundred dollars to get you started. Don't be deceived by the small amount you start with, you can make money fast on this small amount.

This method of making money fast uses leverage to increase your profit potential dramatically.

Leverage is one of the best ways to build wealth quickly and here is the example we are going to look at.

Say you have $500.00, you can trade $100,000 at 200:1 leverage (200 x 500) and a broker will give you this no questions asked, no credit checks - its yours, as soon as you open an account.

So what are we trading?

Currencies - Before you say hang on - I couldn't do that on my own it's to complicated or risky read on ...

The fact is everything about currency trading can be learned by those wishing to do so - it's a learned skill. Let me give you an example to make you think.

In 1983 legendary trader Richard Dennis set out to prove that in just 2 weeks he could teach a group of traders to make money - who had never traded before.

They were of all ages, both sexes and had varying levels of education.

The result?

After 14 days they started to trade, made Dennis over $100 million and many of them still trade today.

So how did they do it?

Dennis taught them a simple method they could have confidence in and trade with discipline.

The key to success was, a robust method combined with strict money management.

If you are dealing with leverage it's a double edged sword - while you can make big profits (if you run them), you can also take big losses (if they get out of control), so you need to play great defence first and let your offence hit trending moves hard.

Is it really that simple?

The answer is yes and no.

If you think forex trading is a walk in the park and requires no real effort then - no

On the other hand, if you understand it's a learned skill and anyone can learn to trade and you have a desire to learn then yes.

Forex trading is a way to make life changing amounts of money and you will be well rewarded for your efforts.

Forex trading requires knowledge and that's easy to acquire and you can get it free on the net but you also need the mindset for success.

Your mindset starts from a desire to make money and a realization that no one is going to give you success.

You have to do it all on your own.

You do this by learning the right knowledge and by doing so, take charge of your financial destiny.

If you are prepared to do the above and have the right attitude, then you can make money fast and enjoy currency trading success.

As we have seen the opportunity to trade forex is open to all.

You don't need much money to get started there are plenty of brokers who will give you 200:1 leverage and let you open an account with $500.00 - but its up to you to make the tools work for you.

Sure it's a challenge - the question is:

Are you up for a challenge that could change your financial future for ever?

If you are - welcome the world of forex trading and the opportunity to make money fast and the potential to realize your financial goals and dreams.

LIVE THE DREAM BECOME A PROFESSIONAL FOREX TRADER FROM HOME! Even if you have never traded before you can trade like a pro so get 2 x free trading guides and an exclusive Forex Trading Course visit our website at: http://www.learncurrencytradingonline.com/index.html

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