Monday, August 31, 2009

Forex Megadroid Review Automatic Trading

By Frank Rivera

Since the successes of the FAPTurbo, there have been many scalping robots released into the market that are little more than cheap copies. The majority of them don't have the track record of successfully profitable trades and this has led people to avoiding them, believing they were rip-offs. Unfortunately the Forex Megadroid was released at a similar point in time and people instantly assumed it was just another knock-off robot. The truth is there is a lot more substance behind the Forex Megadroid robot than meets the eye.

What does Forex Megadroid do and what can you expect out of it? Forex Megadroid is an expert advisor that can be used with any MetaTrader 4 forex account. This gives you a lot of options for a broker, although you'll want one that has low spreads on the EUR/USD. The robot is a pre-Asian session trader like many other robots.

This software is designed to trade on the pre-Asian trading session and it has the noticeable difference of a different currency pair than the FAPTurbo can offer. The inclusion of the EUR/USD pair allows you more opportunities to trade, especially as the spreads on this pair are very reasonable during the pre-Asian sessions.

The Forex Megadroid can boast having a slightly higher accuracy rate than the FAPTurbo and also many other comparable robots too. It also has the ability to pick entry points that can often be more accurate than its competitors. However, you might notice that the trading strategy used by the Forex Megadroid differs from the majority of other robots.

The robot takes fewer trades, but it has a higher win percentage. In fact, it boasts that it has a 95% win percentage in its trades. This is a good win percentage for anyone, especially a robot.

One of the minor differences with the Forex Megadroid is that it doesn't offer the same level of customization that the FAPTurbo can offer, however this can make it much easier to use for novice traders. The robot makes your trading strategy very simple. You just input the amount you're willing to risk with each trade and the robot will factor in your risk tolerance levels with each trade placed, including stop-loss trades.

If you've never traded on the forex market before, then this robot is ideal. The easy to follow guide can show you how to get your account up and running with your robot so you could be making profits within minutes.

Overall, this is a very effective robot that can get the job done. It's similar to FAPTurbo except it's more accurate and uses a different currency pair. You won't get that many trades, but you can feel more comfortable about the ones that you do get. Check out Forex Megadroid if you've been looking for a consistent way to grow your account. - 23309

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Forex Traders Mindset (Part I)

By Ahmad Hassam

Human beings are emotional creatures. It is often said that we are our own worst enemy. In forex trading, this is the ultimate truth. Most of our trading decisions are guided more by emotional than logical thinking. Our mind is capable of playing emotional tricks on us.

Emotions can work against us. Emotions can work for us. Your battles are won or lost in your mind first. Victories are won and lost in ones mind. We can get seduced into unfavorable situations by our emotions. A traders mindset is the most important ingredient of success. If you have the mental strength to control your emotions, you can become a consistently profitable trader.

Forex trading is not for everyone. Do you have a strong desire to succeed in forex trading? You will end up like the majority who end up losing their money if you just want to try your luck or dabble in trading. Do you have the passion for trading forex?

Forex trading requires a lot of self motivation and a strong desire to succeed. In the beginning you may not be able to make many winning trades. You must be highly self motivated in order to become a successful forex trader. You must have a concrete plan of action and not be afraid of failure. Are you ready to devote a lot of time and effort into picking up trading skills and knowledge?

You need knowledge and skills in trading currencies in order to become a successful forex trader. To attain consistent success in forex trading, a huge amount of time, effort and money is required for a trader.

Losses are the inevitable part of lack of experience and knowledge. But even if you develop the experience and knowledge to successfully trade the currency market, you cannot avoid losses. There is an inherent risk in trading currencies. No one can overcome that risk. Are you willing to accept losses as part of trading? You are going to make mistakes while trading. Do you understand that you can suffer losses in trading? Are you willing to learn from your mistakes? Do you have a traders log that you use to reflect on each lost trade and learn from it?

Every trade needs proper planning. Dont try to rush into a trade. Many traders enter into the trade based on someone elses market analysis. Most depend on market analysis from an analyst. If the trade turns out to be a loser, most of us tend to blame the market analysis and the opinion of the analyst. It is easy to blame others.

When you are confident that you have done your analysis to confirm what others are saying only then pull the trigger. Dont be trigger happy! You must reflect on your decision before pulling the trigger. Is it fair to blame the other person when you could have done further market analysis on your own? When you could have planned your trade in a better way, it is foolish to blame others for your mistakes. So accept your responsibility if the trade goes wrong.

Fear and greed are the two most dominant emotions that affect not only the individual traders but also the currency markets. In fact, these two emotions are the main drivers of the forex markets.

Fear and greed are behind the steering wheel of the currency market. Fear makes many traders like you over pessimistic about a currency pair. They start the selling frenzy. Similarly, greed is going to make many traders like you over optimistic in thinking that a currency is going to appreciate. Greed starts a buying frenzy. It develops a bubble based on the irrational exuberance. It is inevitable that this bubble is going to burst. When greed takes over, the market becomes bullish. When fear takes over, the market turns bearish. - 23309

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Ways To Make Money Online

By Wilhelm von Mayer

As one who has made a living online for several years, I am often asked "What is the best way to make money online?" Friends, family, and business associates often ask this, and the answers are many. I have made money online a number of ways over the years, and I will share them with you now. I would say no certain one is the best, but each has pluses and minuses that will make them more or less attractive to each individual. The list and some information follows, and they are in no particular order. 1. Ebay

Ebay can be a great way to make money online, as I am sure you have heard. Ebay is particularly attractive if you are able to manufacture something of value well, and for a low cost. Whether it is jewelry, furniture, car kits, pet items, just about anything, if you can make it and do so cheaply, you have a great potential business on your hands. The other possibility is to find access to a desirable product that you can acquire cheaper than most people can. (due to insider info, relationships, geographical or tax advantages, etc.)

Once you have figured out your product or products, spend some time researching similar auctions on Ebay's current and past listings. First, decide if you can compete in the market. Do you have a price, quality, brand or other advantage that will allow you to outsell your competition? Is there high demand and low supply? If the answers are yes, proceed to see what listings are selling for the highest prices, and pay very close attention to their wording, pictures, layout, pricing structure, everything. Learn from people who are making it happen already, instead of wasting time and money learning from your own mistakes.

2. Online Services/Freelancing

If you possess training or talents for in-demand services that do not require your physical presence, you can have a profitable online income. People are always looking for web designers, content writers, article writers, editors, blog and forum posters, talents, and more online. This type of work is especially attractive if you live in a part of the world where the cost of living is low. It is essential in virtually all of these to have strong English language skills.

Great places to find this work include craigslist.org's talent and creative sections (under services), ifreelance.com, and for the more web savvy - the Digital Point forums. Identify your talent, search for people who need your services, and start doing business.

3. Forex Trading

This is definitely one that is gaining popularity. Forex trading is much like the stock market, but instead of trading companies, you are trading the currencies of different countries. Forex brokers allow you to trade 24 hours a day online, and give great leverage, allowing you to and sell hundreds of thousands of dollars worth the currencies for just a few hundred dollars. With news, trading systems, or instincts, you make your trades, and can make quite a great deal of money.

To read more on Forex trading, visit www.forex-info.com to read articles, study systems, find a recommended broker, and discuss Forex trading on the forums there. Use the beginner tools there, find a strategy you like, and open an account with a broker. Deposit some funds, start trading, and hopefully become a successful trader as many others have, or possibly even strike it rich!

4. Affiliate Marketing

Affiliate marketing involves developing or buying websites, using social media (twitter, facebook, etc.), and other web marketing tools to promote other people's products and services. Essentially, you want to create compelling or unique content and messages and use them to drive business to your affiliates. They in turn pay you for each customer you send to them.

Some great resources for finding products and services to promote include clickbank, google adsense, amazon.com, commission junction, and several others. Find a product or service that you either know well, are excited about, or know people who need them and start your business.

There are a great number of ways to make money online, but for me, these are by far some of the best and the most profitable. They can be done with little or no investment, you can start making money today, and are all legitimate and legal ways to make great money online. No matter how you decide to make money online, it will take some work or investment, and require you to believe in what you are doing. - 23309

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Forex Buying and Selling and Wall Street - A Brief Version

By Sherman White

Approximately 25 percent of large companies that are exposed to foreign currency fluctuations don't do anything to hedge their risk. Larger companies however do hedge in the currency markets.

For an US based company, when the dollar is strong during their reporting period, accounting for its foreign earned revenue can result in a negative performance. That's because foreign-currency denominated revenue will exchange for fewer dollars when converted and reflect negatively for the accounting period. Having a Wall Street Journal subscription will help find this data.

It has been estimated that 5-10% of the activity on the Forex market is done because of business hedging and government involvement. Governments and businesses need to convert one currency into another to buy and sell goods and services. The other 90-95% is pure speculation.

High profile players love the Forex market since they don't get locked out due to 24 hour trading. The huge liquidity allows for easy inexpensive entry and exit points.

Currencies are traded 24 hours/day. Since every country has different times the hours when the currencies are most liquid coincide with their daylight hours. The heaviest activity occurs in New York from Wall Street.

Make money in Forex is made by having a formula that predicts price movements of a currency pair. Have an exit strategy that is effective can capture a profit often a few times a day.

Professional Wall Street traders usually use a system that allows them to place trades several times a day. Because they trade several times a day, they are called day traders.

There are many financial news services to choose from. The Wall Street Journal's reputation for acute accurate market coverage is legendary. In order to stay abreast of the constantly changing financial landscape, it pays to subscribe to the Wall Street Journal. - 23309

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Symmetrical Triangles - Long Trading Strategy with CFDs

By Jeff Cartridge

The symmetrical triangle is sometimes referred to as a wedge. It is a very well known and easily recognized chart pattern that has been used by many successful traders over the years. A symmetrical triangle is formed when the price action is contained within two lines. The top line slopes down while the bottom line slopes up towards the top line. The angle of the two lines is similar giving rise to the name symmetrical.

Symmetrical Triangles, Breakout Unclear

Symmetrical triangles show no clear breakout direction. Just over half (56%) of the patterns break upwards and this is likely due to the upward bias of the markets. The average gain is 0.85% in 9 days with less than half of the breakouts (44%) being profitable.

Refine Your Entries

Surprisingly a break to the upside works better in a falling or consolidating market. By using filters that require the market to be in a consolidation or a down trend you can improve the results. If the sector is consolidating or rising the results also improve. This is more as you would expect.

Symmetrical triangles are sensitive to the length of the pattern with breakouts that occur in less than 25 days, from the start of the pattern, performing the best. While the pattern breakout works best in the range specified, avoid trading patterns that breakout early, in the first 30% of the pattern length.

If the volume is very strong in support of the breakout the results are better. Supportive volume means the volume on the way up is 40% higher than the volume on the way down.

Symmetrical Triangles Can Be Very Profitable

You can improve your trading results by using a series of simple filters that have been outlined here. This select group of symmetrical triangles delivers an average profit of 1.87% in 11 days and is profitable on 55% of the trades. Overall this makes symmetrical triangles attractive to trade.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23309

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Sunday, August 30, 2009

How To Chose Online Trading Forex Broker?

By Lukas Veselinov

You want to trade online and you are looking for a forex trading brokers? It can be difficult to find one , but it is not impossible. But lets take it step by step. You need to know what a forex trading broker is. A trading broker is a one person or company which will hold onto your money to sell and buy based on your decisions. Step two: How to find reliable broker?

You should also understand how to identify a knowledgeable, honest broker,but before you make a choice of the forex broker you want to work with, perform your due diligence as well as review the following 3 tips.

One: The first thing you need to know is if the forex trading broker is regulated. If the forex broker you are using is based in the U.S., then they need to be registered as a Futures Commission Merchant for the Commodity Futures Trading Commission; plus, the need to be a member of National Futures Association.

2.Do they provide good service at all hours for customer support?

Three: You need to make sure you know what services they offer. Do they offer the currencies that are the most important, (AUD, CAD, CHF, EUR, GBP, JPY AND USD)? Find out what whether their operating hours align with the Global Forex market's hour of operations.

If you follow these three steps you will be able to find a good forex trading broker with less difficulties.To decide which one to use,the important thing is to research each trading broker that you find.

All online trading companies are offering free practice accounts,so probably the smartest thing to do is to join the one you like (for free), and then compare them.

Finally, when you find couple of them which you like you can easily join them all because you have nothing to lose as they offer free accounts and if they are all free then sign up with everyone of them. After that, just start to trade with the broker and online platform you like best. - 23309

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Forex Software Makes Speculation Easy

By Cecil Hopkins

If you're looking for a new way to invest and trade but are tired of how unreliable the NASDAQ and AMEX have become with the recent economic climate, you may want to give the Forex a chance. The Forex is the foreign exchange market. It's unlike any other investment market in the world. On the Forex, currency trades hands rapidly.

The Forex is not a physical market like those in New York, Tokyo or London. You cannot actually go stand on the floor of the Forex like you can the NYSE. This is because the Forex is completely virtual. All trades and transactions with Forex occur over a network of computers that truly never sleep. Unlike other markets, the Forex, in essence, is always open for business.

The exchanging of currency in forex trading is different from stocks or futures as it is not centralized, it happens via phone or electric network! We witness daily turn overs in market due to two reasons

Foreign trade (5%). Companies trade products in foreign countries, and change profits from foreign sales into local currency. Speculation for profit (95%). In forex trading the focus is mostly on the MAJOR currencies like US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.

Analysts have created Forex software that speculates on when a particular currency will rise or fall. These Forex bots as they are referred to, claim to be accurate in dictating the way the market is going to trade. Typically, you can find Forex bots that are 70-90% dead on with their analysis. Because of this, trading the Forex has never been easier or more profitable. If you're a day trader, you know how important it is to stay current with trends and these software packages will take most of the guess work out of your trades.

Forex trading software has now been introduced and have changed the entire game. They are web based platforms that sift through the confusion of the trade. They are so easy to use that it is now possible for anyone to wake up and give it a try. Forex trading for dummies if you please. They find the most trending currencies and markets for you. They will project likely highs and lows for you on a daily basis and they are numerous.

There are several major currency pairings that are most typically traded. These include the Euro and the US Dollar, the US Dollar and the Japanese Yen and the Great Britain Pound and the US Dollar. These trades that occur on the spot are usually settled within two business days of the trade. This helps make the Forex market one of the most liquid markets in the world.

The Forex market trades over three trillion dollars in currency each and every trading day. With this massive amount being traded, it is very easy to win big or lose big in the market. Unlike traditional trading markets, the Forex market uses brokers for every trade. These brokers do not earn commission based on the volume or amount of a trade. Instead, they get a flat rate for each trade or group of trades. This makes Forex brokers very reliable and many traders feel a great more trust in them than they would a standard stock broker.

All you have to do is load the robot on your choice of currency pairs and enjoy yourself with friends and family. This astonishing robot will trade an unlimited number of currencies at a go. The robot runs 100% of all your trading decisions (buys & sells) without your interference. Robots working for you and you earning money.

If not this, forex has even introduced automated forex software which runs signals and strategies from third party signal providers in the account. Using these traders can monitor, control and configure trades from signal providers. This automated trading software doesn't need you to keep track of the trades. The management of money and execution is automatic, and includes trailing stop losses, stop and limit orders and trade updates. By using this you cannot miss any trade and sleep peacefully. Want to give forex trading a shot because you think you have the nag of handling this trading market then go ahead and test yourself! - 23309

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Tracking Stock Trading Network Delays

By Lance Jepsen

A cheap solution has been discovered by computer programmers for detecting millionth of a second delays in routers in data center networks. Automatic stock trading systems with even a millionth of a second delay can cost over a million dollars.

The work was presented on August 20th, 2009 at SIGCOMM. The computer programming method was created by a joint task collaboration between the University of California and Purdue University computer programmers.

This new programming method enables data centers to diagnose delays as short as millionths of a second in routers. The programming method also will detect packet loss as infrequent as one in a million at every router in a data center's network.

The programming code is called the Lossy Difference Aggregator. It requires no new hardware and has no performance penalty on the router.

Online brokers houses and stock trading platforms will love this new technology. The reason is that if you can get into a trade faster than everyone else, their buy orders will push up your position. A delay of even 100 microseconds over an incoming stock data feed can cause your buy and sell orders to be behind that of competing brokerage houses.

Exchanges such as the London Stock Exchange use specially designed external hardware boxes to track delays at various key points in the data center network. But these external hardware systems are too large and too expensive to be added to every router in a data center network running an automated stock trading system. This makes it difficult for the network managers to identify and locate problematic routers before they cost the company large amounts of money.

This approach will allow router vendors to add fine scale delay and loss tracking at every router for little if any cost. This will obsolete expensive external network monitoring boxes at every router.

The way a router's performance is measured now is that an external hardware device tracks when a packet arrives and when it leaves and then takes the difference of those times.

This new computer programming code works almost the same way but instead of taking the arrival and departure times of every packet, it splits the incoming packets into groups and then calculates the arrival and departure times of each group. As long as the number of groups is greater than the number of losses, at least one group will give a good estimate.

Subtracting these two sums (from the groups that have no loss) and dividing by the number of messages provides an estimate of the average delay with very little overhead. In fact, it really is just a series of lightweight counters.

A data center that has thousands of routers all running this new programming code in each router will be able to detect problem routers very quickly. In tests, a router that is adding a millionth of a second delay was detected instantly. The code even detected a router that was losing one packet in every hundred million. - 23309

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Investing Knowledge Is Like Cash In The Bank

By Jens Jackson

Investing in the stock market is no walk in the park, as anybody will tell you. It is your hard earned money on the line and when you lose a trade it hurts real bad. It is important, then, to take advantage of every advantage you can take in order to not be wasting your money on bad investments. Looking for an online investment blog is one very viable option nowadays, as most people have the luxury of constant access to the World Wide Web. There is usually a lot of free information you can't find elsewhere and if you meet the right people, they'll tell you everything you need to know to make a lot of money investing in the stock market.

Teaming up with other investors over the Internet is awesome power. You can learn a ton of free investing advice by simply networking with other stock traders over a financial blog or message forum. Yes you will meet traders you do not like but more than half of the traders you meet will be eager to show you the ropes and give you a helping hand for just a little bit of praise from you. Using the World Wide Web to connect with other investors is an awesome power. If two heads are better than one, then what are thousands of heads connected over the Internet worth: priceless. I have learned a ton of free methods at becoming a better, more profitable trader over stock investing blogs and websites.

You need to read the rules, regulations, and disclaimers before becoming a regular reader of a message forum or blog. You should also check out a financial websites reputation. If they have a bad reputation, stay away from it. Comments should not be deleted by so called moderators. Moderators are bad in any form as they restrict the free flow of information and speech by nature. Any website that needs moderators is probably a website that has a bad reputation and has made a ton of enemies and so they have to keep deleting comments on a regular basis. Spend time researching a financial blog or message forum before you become a regular reader. It is easier to walk away from a website or blog in the beginning before you get emotionally addicted to the content.

My personal favorite is to join stock trading blogs that require no account whatsoever to read and learn from the materials posted. In the end, what website, message forum, or blog you decide to read is up to you but just make sure you do it because the learning curve to becoming a successful and profitable trader is a lot shorter when you have other stock traders to help you.

A lot can be learned by the type of investments an investment blog, message forum, or club is recommending. Watch out for investment clubs that recommend mostly OTCBB, pink sheet, or small cap stocks. The liquidity on these stocks are very low and so any buying will move the stock higher. You need to make sure you are not the target of a pump and dump scam involving small cap stocks. - 23309

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Forex Tips

By Paul Bryan

If you are gearing up to take a dive into the Forex trading business then it is advisable that you visit some site that offer Forex advice for free or on the basis of subscription. Good sites provide you with the best advice and updated information about the Forex market. They also ensure that the visitors utilize the information in preparing themselves to become a professional Forex trader.

The Forex market may be emerging as a huge money making market, but the pitfalls involved are also too many. So, while a trader may be able to make huge profits, there are others who easily fall prey to fraudulent websites or Forex broker firms having to face various monetary losses. Forex trading is a business where one can either win or lose money and so it is essential that the traders take every decision very carefully.

You will find many good sites where the customers are being appraised with the best forex advice covering risk potentials. At the beginning one needs to open an online account with the broker. The trader will have to locate the best Forex broker as the success largely depends on it.

It is through the Forex broker that all the trades which you indulge in will take place and your return will be reflected in choosing the broker. A good broker can lead to making a substantial profit while a bad one can get you into making terrible losses.

To start with you must have a proper workable strategy at place. A right strategy is vital to lead a trader towards reaping good returns. A good broker service takes pain in carrying out all the hard work on behalf of the client and informs him or her about proper trading opportunity so that you can be in a gaining situation. These services from the broker are vital for making a trader successful in the business avoiding all kinds of financial beating.

Furthermore, one can also enroll in a course about the Forex trading business whereby they can gain proper knowledge about the currency trading market. There are a lot of websites offering such courses and an online course if chosen wisely will be far more economic. There are courses which include video tutorials and have been of great help for novice as well as experienced traders.

Forex brokers are often encouraged to install some kind of analysis software so that the traders are able to read and predict the upcoming market moves and are able to stay a bit ahead in the game. Before taking the plunge in the Forex market one must familiarize themselves well all the aspects of Forex so that they can trade comfortably in the direction of profit.

The profit potential in forex trading is extremely high. However only those who have the right information and strategy will emerge as winner. - 23309

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Saturday, August 29, 2009

A review of the Forex Phantom Software

By Will Jones

The popularity of Forex trading systems have been increasing for the past few years with an increase in the amount of people who start to trade on the exchange market.

Throughout the past two years, the interest in currency trading has meant that there was an increase in the number of people begin to trade in the currency markets, which resulted in more tutorials and strategies have been written about trading systems and have been shown.

What is a Forex Trading System?

A Forex software system otherwise known as a system of exchange of currency is a software tool used by more than 90% of all Forex traders around the world. They are among the most popular software tools used in the financial sector today and become one of the most advanced software in the financial sector.

Since the arrival of these Forex systems they have advanced ten fold to where they are now starting to use more complex algorithms which are able to adapt to several if not all market conditions.

These software tools are able to provide certain conditions for Forex market traders, and thus they are able to provide jobs that will be most profitable businesses and who will be most safe. This ensures trades to win the Forex traders and make their job much easier.

You may be thinking well I have not got the money to purchase one of these systems, well think again they are generally sold at a great price and the one I talk about later is a fine example of this. Forex trading doesn't have to be your job, whether its a hobby or a career using one of these Forex systems will enhance your chances of winning ten fold.

Why Forex Traders Systems?

Many traders have chosen to use a system while Forex trading on the foreign exchange market. The reasons are obvious once you start using these systems. The benefits these systems bring astronomical are minimal such as commercial risks and the ability to investigate the profitability of operations simply by analyzing the currency market.

Forex traders have been on these systems so that they can quickly and efficiently analyze the market and to certain transactions to invest in order. One of the best points of these systems is that some of them you can auto-pilot, so you do not have to work or on your computer while the system analyzes the market and trading in and out of the foreign exchange - market .

What to look out for?

With the rise in popularity of these forex systems as with everything else, the various systems that are not on the quality and precision, that some of these systems. These systems are usually released without adequate testing in a variety of market conditions and are therefore unreliable and can not guarantee profit.

In the past, these software systems have been released with a lazy eye development, they have only a few algorithms, which means that the software only on the condition of a particular market, according to this market condition, it will be useless until the same condition appears again.

The systems have also used the complex interfaces, which in some cases, have been confusing for Forex traders, this has meant people were not able to take full advantage of the range of features that are sometimes available on the Forex and systems instead they were used.

Choosing a Forex robot?

Many people in the past have purchased the wrong Forex systems, when these systems first arrived there were several developments which were made purely to make money off people with out providing any real benefits to the Forex traders. Now, although things have changed now we are still seeing several Forex systems which limit the amount of which they can benefit their users, the key is to figure out which Forex system makes honest claims.

In the search for a forex system you need to view the sales page no unrealistic demands that are not achievable, even by experienced forex trader.

Forex Phantom passes this test, with its own unique features and simple yet professional design this year has been the most anticipated trading system owned by all the trading on the market.

This system has a newly advanced real life algorithm which allows it to adapt with any forex market conditions. This is the first currency trading system to have these enhanced features and whilst it may sound complex the system has a simple to use interface which even the least tech savvy person can control and make money from.

Forex Phantom is the fastest selling in the forex trading world and it is a matter of weeks. This system is for the economic and profitable for the user of financial experts and experienced software developer has its own expectations. - 23309

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Practicing In The Forex Market

By Jo Nash

So you want to learn about the Forex market, and trading internationally but you are risking your personal wealth if you jump in before knowing all about how trading takes place. Online, you will find many games and simulations while learning the methods involved in forex market trading. The forex markets include countries from around the world, where all countries involved are using different currencies, and when faced against each other are worth more or less than the original valued currencies that are being traded. The forex markets are used to build wealth in, for governments, banks, and brokers, and for many countries.

To get started in learning about forex trading, you will need to locate the forex trading software, education-learning system you want to use. As you find the games, as they are called, you will enter information about yourself, about what you are interested in learning and then you will download software to your computer. In following the 'game', you will learn how to make and lose money in the forex market. This type of game is going to make you more aware of what happens daily, how the markets open and close, and how different the various countries currencies really are.

You will open an online 'account' using the gaming system. You will then be able to read the news, find and compare markets, and you will be able to make 'fake' trades so you can watch your money build or be eaten away in losses. As you learn the system, using it a few times a week, you are going to be more prepared, more educated and you will be ready to use the forex trades to make money. Of course, you may still need the aid of broker or a company to make your transactions happen but you will better understand the process, what will happen, and what calls you may want to make when you read about the news, the markets, and the currencies in other countries.

The forex market is also referred to as the FX market. If you are interested in joining the millions who are making money in the forex markets, you want to ensure you are dealing with a reputable banker or company involved in forex trading. With the spur of interest in the forex markets, there are many types of companies that are popping out on the Internet appearing to be genuine forex trading companies but in reality, they are not. Forex trading can be completed through a broker, a company that deals in the funds, and from within your own country. For example, the US has many regulations and laws regarding forex trading and what companies are permitted to work with the public dealing with international trading and markets. - 23309

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http://ezinearticles.com/?Chinas-Electronics---Why-You-Should-Buy-Them&id=2487008

By Gawel Newell

China has integrated electronics into its economy in a way that few other industrialized nations have. By that we mean that electronic goods are abundant, and they use electronic means to sell everything--including their electronic goods. Let's take a look at this near-flawless integration of wholesale electronics from China.

Product Exportation from China: There was a day when it was not quite so easy to receive electronics products (or any other products) from China's export trade. There were too many barriers in place for the average consumer or even the local small business to receive them. With the growth of the Internet, however, these obstacles are being knocked away. Now, global resources from almost every industrialized country can be ordered online and received through that country's export industry. Electronics are no exception, and China is one of the better nations at capitalizing on this trend.

Finding Exportable Electronics Online: So where does a person go to find these electronics and other goods that might be received via China's export industry? The best option is the Internet. There you can find numerous directories that lists many manufacturers with goods that can be exported from China. In many cases, you won't even be aware that you're dealing with a Chinese export business.

You'll simply search for the product that you're wanting and order as you would from a business located in the next state or a few hundred miles away. If you specifically want to find products from China, then a simple Google or Yahoo search can help you. Simply type the name of the product you want along with the item you're searching for: "China computer manufacturers, " for instance, brings up on Google, a website entitled "Global Sources, " which is laid out as well as any other online retailer that you've probably visited.

And it's not just computers. Within the Chinese export industry, by doing a similar Google or Yahoo search, you should be able to find quality products in the areas of auto parts, household fixtures, computer supplies, building materials, clothing, communications products, telephones, glassware decorative items, and much more. And by shopping globally, you can often find a more competitive market (i. E., lower prices).

And you're not limited to only computers or cell phones. The Chinese export industry is one of the fastest-growing in the world, and through a quick Internet search, you can have delivered to you products such as auto parts, building materials, household fixtures, clothing, computer supplies, telephones, glass decorative items, as well as many more. And when you shop globally, because of the sheer number of products available, you can often find better deals and lower prices.

There are other reasons too, of course. China also is succeeding in exports of electronics and other products because it has a massive labor force--and coming full circle to our original point, it makes superior use of technology to sell technology. In fact, many United States firms have started regularly buying the exceptional and affordable electronics goods from the Chinese markets.

Furthermore, China is a top-ranking exporter on the globe because of a massive labor force and superior technology. Several U. S. Firms have started purchasing cheap and excellent electronic goods and apparel and material goods from China markets. With section searches in online directories, many people can find data on these goods and can execute worldly purchases to build their profession and company. China's product exportation is obviously a money-making trade for lots of global businesses because of their punctual product delivery and their size to ship products in ample supply. - 23309

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The Major Players In The World Of Penny Stock Trading

By Malcolm Torren

There are two reasons why new investors find penny stock trading very appealing. The first reason is because it is affordable. The price range is between one to three dollars and not exceeding five dollars. This is defined by the Securities and Exchange Commission or the SEC. In actual practice, shares can even go lower than a dollar each. The second magnet for new investors is its high potential for fast profit at a short period of time.

How does penny stock trading work? Where does all the money come from and where does it go? In penny stock trading, there are key players that make a dynamic exchange of shares. The common goal is to make money and reinvest. Here are the role players in the business:

- Investor. If you are an investor, you are playing a key role in the stock market trading floor. The investment money comes from you. Of course an investment cannot be an investment if there is no intended profit to make. Some investors would trade on to many shares. This is because if one of your stock investments is losing, you can balance your profitability from another source. You also make decisions of your trading. Why and how?

- The Penny Stock Broker. You as the investor cannot make transactions if there are no stock brokers to help you. They can influence the market stocks. They have a high degree of intelligence in the penny stock trading business. For every profit you make, they earn by commission. They also have other client investors to attend to. In some cases, penny stock brokers charge for investment consultations to their clients. But what exactly are they doing with your money?

- Small Capital Companies - There won't be any investment made if there are no entities needing it. In the penny stock trading market, they are call small cap companies. These are companies that can either be newly established, wanting to expand their business resources for business growth, or going bankrupt and hoping to revitalize their financial resources. Whatever the reasons may be, these entities are responsible for the dynamics of your money.

- Stock Exchange - This is the venue where the buying and selling of shares take place. The trading is done every business day. All of the penny stock brokers meet at a huge spacious room they call the trading floor. This is even shown in movies that involve stock exchange scenarios.

- The SEC - Of course, to keep the entire procedure in penny stock trading orderly and discipline, the SEC holds authority. They set the regulations and guidelines, the requirements needed for companies to bid their shares, and sometimes initiate the jailing of fraudsters who conduct anomalous business here. - 23309

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Concepts Behind A Day Trading Penny Stock Technique

By Malcolm Torren

Day trading is a new trading technique done by some active penny stock investors these days. The basic idea is to gain profit on the very same day the investment is made. This should be done fast and with conscious accuracy. Some small cap investors do this day trading penny stock method in as little time possible. If there is such a policy on this method, one hour is a wait too long.

The day trading technique started when there was a recent lowdown on the stock market. Brokerage firms started giving discounts to the stocks. As an effect, this new strategy was developed. It's scheming but it is acceptable since the procedure does not violate any rule. The day trading penny stock method is made in three stages:

1. The Point of entry. Penny shares are pegged in at a cheap price. That's the usual start up for small cap investments. A company sells in their shares to a broker and investments are expected to come in. When they do, the shares start selling back at higher rates.

2. Stock Breaks - This is the point when your stocks start breaking down. If you are not vigilant and don't act fast you will lose more from your investment money. Technical softwares are being used to do the day trading penny stock monitoring of these stocks. It includes features that prompt you when your stocks start to plunge.

3. Point Of Exit - When your stocks reach a break point, day traders position for an exit. This will effectively close the stock price. Normally, day traders safely chose a position point to close the trade when the stocks are at the closest exit price. If this is not done immediately, there will be more loss that will happen.

These steps belong to one method. There can be other specially developed ideas that haven't been readily accepted yet. The point of the entire day trading penny stock goal is to close the stock price the moment you hit your margin. By that it means that when you start selling the shares, set a personal profit margin on your own. Then observe your investment. Close your position when you get your mark.

In some cases, some day traders would somewhat make a compromise on his or her potential earnings by percentage. To further explain, supposing the day trading penny stock starting price is fifty cents per share with a minimum share stock of 1,000. The total buying price for that would be $500. When your share's price goes up to say $1.50 that means you're already in good hands. Then suddenly it starts to go down and at that moment, your share is at 90 cents per share. To stop your potential loss, you set an exit position closing the sale. - 23309

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Friday, August 28, 2009

Trading Strategy - Descending Triangles Downside Breakout

By Jeff Cartridge

Descending triangles are not so popular with traders on the long side and are best traded when it breaks in the downward direction. A descending triangle is defined by two lines, one on the lower boundary of the price movement which is horizontal and one on the upper side which slopes down.

Descending Triangles, One Of The Best

Descending triangles are one of the most predictable patterns that are available to trade short. With 57% of the patterns breaking down descending triangles can deliver good returns when they do. The average gain is 0.92% in 9 days with about half of the breakouts (45%) being profitable. These results are good but selecting the right conditions can make trading descending triangles very attractive.

Specific Setups to Improve Profitability

A break to the downside works better in a falling market or sector environment. By using filters that require the market to be in a consolidation or a down trend you can improve the results. The sector should also be in a down trend for the best results. Strangely a sector that is in a down trend at the beginning of the pattern produces better results than a sector in a down trend when the breakout occurs.

Descending triangles that breakout early in the pattern, produce similar results to those that breakout later, so this is not an important filter to use. The best results are achieved when the stock climbs up from the lower boundary and collapses back before reaching the upper boundary of the pattern.

Ensure that the volume is supportive of the breakout, i.e. volume as the stock falls is greater than volume as the stock rises.

Trading Descending Triangles Can Be Profitable

You can improve your trading results by using a series of simple filters that have been outlined here. This select group of descending triangles delivers an average profit of 2.55% in 10 days and is profitable on 48% of the trades. Overall this makes descending triangles extremely attractive to trade.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23309

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Help Yourself Buy The Right Home Owners Insurance

By John Fagan

Remember that just as purchasing a home, insuring it for the right amount and getting more than average coverage is important for securing a good home insurance scheme. The best home insurance combination is a policy that offers good coverage at a low cost, but you cannot obtain this without doing your homework regarding the area you live in, your house and its safety and risk features, the state's insurance companies and other vital aspects that determine benefits of a good home insurance plan.

So, stay with the times, use the convenient online resources, e.g. search engines and state websites that are a wealth of advanced information on a variety of home insurance policies and help yourself buy the right plan today. Remember, it is imperative that as a smart home insurance shopper you conduct adequate research about providers, policies available with them, price lines and features of each and other important factors, like your budget before you decide to sign a home insurance policy!

Among the things that influence home coverage plan's premium rate and the maximum coverage the insurance company is willing to risk include the type of property, location, and material of construction and age of the property. The level of the crime in the area, house's size, and any particular services/safety factors if any installed in the building to decrease the probability of vandalism and robbery.

With these details at hand, you can make informed decisions; negotiate low rates with your insurance company if one or none of these factors that typically result in more expensive home insurance premiums exist in your situation.

Apart from securing your home you will help yourself get the perfect home coverage policy by taking into account things adversely affecting the insurance policy. You could consider the distance from the nearest fire station for instance or the nearest fire hydrant. If you keep these points in mind you could be in a better position to better negotiate an insurance coverage plan for yourself.

Moreover, think about other issues that effect plan coverage and rate of the home coverage plan e.g. details like your home's distance from the nearest fire station and fire hydrant and your home's physical condition. By regular home repairing and renovating you can prove that your home is disaster-resistant and you can bargain and shop for the right home insurance plan for yourself. For example, just by investing in toughened glass windows and providing adequate outdoor lighting you can reduce chances for damage caused by storms, vandalism and burglary to your home. Thus, you stand a better chance of being offered a lower home insurance policy with wide coverage.

Consulting with finance specialist will further enable you for shopping the right home insurance policy as the expert can guide you regarding budgeting and sticking to a comprehensive insurance plan, influencing factors like stock market decline and how this and other aspects affect your home coverage and personal budget. Lastly, try to maintain a good credit history to avail of the best home insurance plans, which offer you low premiums and wide coverage and if possible, buy your home and car insurance from the same provider to benefit from tie-up, discounted premiums usually offered on these. - 23309

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Fascinating Silver Gemstone Rings

By Patrick villa

Gemstones are used for healing and spiritual guidance since time immortal. These unique properties make them special and coveted. Gemstone rings have been used by men and women alike to wear the gem of their choice.

When thinking of choosing silver gemstone rings you may wonder what options you may have. The list is exhaustive as each stone has different properties and are selected based on what the wearers requirement is.

Diamond Rings

Diamonds are perhaps the most coveted and desired gemstones the world over. With a silver setting, the stone and base both gleam and sparkle with grace and really are an awe inspiring combination.

A diamond is said to remove negative energy and any blockages in the spiritual life path. The gemstone is also utilized as a constant reminder for awakening and igniting the wearers spiritual obligations. It is commonly used in wedding bands as it promotes strong relationships and harmony.

As far as the physical benefit of diamond is concerned, it helps drain out the toxins from the body, recharge the metabolism and help improve the eyesight. With the use of a diamond the owner can enhance harmony with others and create self love thereby improving interpersonal relationships.

Jade Stone

This beautiful gemstone is known to produce divine unconditional love in the wearer. It is known to be a source of motivation as well. It is believed that jade raises awareness of the body's need to rest.

While this green stone aligns your spirit with the universe and nature it also instills self-confidence and self-sufficiency, and cleans the body and blood by eliminating toxins from the blood stream.

Pearls

If you are an individual who suffers from emotional imbalances, the classic pearl will help balance out your emotions and allow you control of the mood swings. A silver setting for the pearl will further strengthen this quality and help you gain personal integrity.

Emotionally hyper individuals can balance with the regulating effects that pearls have on behavior thereby opening the way to spiritual and emotional well being and enlightenment.

On an emotional level pearls are believed to discourage non conducive behavior thereby paving the way to spiritual and emotional enlightenment.

Garnets

The garnet promotes ones commitments to others and helps you remain true to yourself while helping those in need and fulfilling your personal obligations.

Garnet has the physical powers to activate the second chakra while increasing creative energy in the body. It also equalizes sexual power and repairs DNA damage as well. The gemstone also enhances the assimilation of iodine, magnesium, calcium and vitamin A and E in the body. - 23309

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Forex News Straddling Strategy (Part V)

By Ahmad Hassam

You should know the problem of slippage and how to avoid it if you want to successfully trade the news. Slippage occurs when the price you intend to enter or exit the market is different from your actual transacted price. Currency prices tend to move very fast during highly volatile market conditions. The risk of slippage is usually very high when trading the news.

Placing stop loss or market entry orders under fast moving market conditions do not guarantee anything. These orders do get filled but mostly at different prices than you had intended. Slippage is the biggest problem when the market moves fast. There is no way you can avoid it. Some of it is genuine. During times when too many orders are placed by the traders, most forex brokers cannot offset these orders in the interbank market due to the small amounts involved. They have to take the opposite positions themselves. This gives them the chance to take the excuse of slippage.

Many market makers will wait till after the big move is over. Then they will fill your entry order. Sometimes, these entry orders may even get filled past your stop loss or profit target. This means that you would be left with immediate net loss.

Before filling your entry order with wide slippage, many brokers will fill your stop loss or take profit order. It is a trick that many forex brokers use in order to make profit by filling your position with a negative spread.

Lets make it clear with an example. Imagine your profit limit for the EUR/USD is 1.2594. Your long entry stop for EUR/USD at 1.2564! The forex broker may first fill your take profit at 1.2594 and then fill your long entry stop at 1.2604 with a 40 pips slippage.

You were confident that you would make a winning trade. If the orders had been filled at the prices you wanted, your trade would have resulted in a profit. But now you have a net realized loss. If the trade goes against you, the forex broker may fill your stop loss order first and then fill your entry order with slippage after that so as to widen their profits. With slippage you cannot predict anything what the broker will do with you.

Now imagine you had placed your stop loss at 1.2544 and your long entry stop at 1.2564. Your forex broker could first fill your stop loss at 1.2544 and then fill your long entry stop at 1.2594 with a slippage of 30 pips. You now have a net loss of 50 pips due to slippage instead of planned 20 pips loss. You could never imagine that you would end up with a loss of 50 pips.

The more you stand to lose and the more the forex broker stands to make a profit, the larger the slippage you experience. You should know as an individual trader that during news when the market moves fast, your orders will be kept pending till you get stopped out or your profit limit is reached. Some forex brokers add slippage to any of your orders to increase their profits.

Many traders readily accept the risk of slippage. They consider slippage as one of the realities of trading the news. However, they should know that slippage can eat up a huge chunk of profits. In the end slippage can affect their overall profit/loss. You can overcome the problem of slippage through the use of stop-limit entry order. You can read more on it in the next article! - 23309

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Forex Investment - The Best Investment Opportunity Today

By Bart Icles

Using the Internet as a means to make money is fast making headway with many individuals who are hard pressed to earn additional income. Most investments offer very little in terms of money making potential, while others offer better opportunities but come with unrealistic requirements such as large capitalization. Online business ventures will continue to see a steady rise in the years to come, and one among them is Forex Investment. Investing in Forex today is now open to anyone to engage in, unlike in the past where it was only open to large business entities. This changed quickly with the computer and the Internet.

Forex trading is the only viable investment market today that allows investors from all walks of life, even with small investment funds, to participate in its trading. Turning a substantial profit will not happen as quickly as falsely claimed by many, but may take some time to achieve with some patience and practice, so it's prudent not to make this venture as your main and only source of income for the meantime. But you should rather look for a Forex trading system that will help you gain more knowledge about the market, as well as train you how to trade Forex.

Forex investment is relatively easy once you have gained ample experience, practice, and knowledge on how it works. Therefore, understanding some of its basic principles and strategies is essential, so you should look at these elements before you jump into actual trading. One should look into leverage trading, as this type of trading allows you to buy currencies up to 200 times the actual amount in your account.

In the event of unfavorable scenarios happening when a trader starts to lose a substantial amount of money and ends up having a negative account balance, the Forex Broker may make a margin call and close the account and require immediate payment. The losing trader must abide by the agreed contracts and make use of leverage wherein properties used as collateral should be turned over to the broker as payment. However, in order not to get into this kind of a situation, there is a stop-loss option which will enable you to cease from making further loses if your projected margin is reached.

Investing in Forex or any other investment market will have share of gains and losses, in small or big amounts. The important thing to remember is to learn everything there is to learn and use it for future trading. That way you'll be able to make more profitable transactions and go on to become another successful investor in Forex. - 23309

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Thursday, August 27, 2009

BlackHorse Fund: Striving For Home Runs

By Robert Miller

July 27, 2009, Los Angeles California " A successful investor is often one who has been through it all before and knows what they are doing; they bring a practiced eye to the complexities of the market. One Forex fund is delivering exactly that to its investors.

BlackHorse Fund, a California-based private Forex fund has a strategy of winning profitable trade after profitable trade based on a number of factors, including an experienced team and a proprietary system for trading. And the real winners? The fund's investors.

Forex is the largest market in the world and it involves the trading of currency by buying one currency and selling the other. As currencies increase or decrease in value, the purchased currency may be worth more than it once was so the position is closed and a profit is realized. This market is highly liquid and necessary for world economies to function effectively.

For investors who are used to stocks and bonds, the currency market might seem less like foreign exchange and more like a foreign language! But to the practiced eye, it is a vast opportunity for wealth building. The reason that Forex investors tend to do well in this market is not because of their own experience but rather because they pooled their money with other investors and rely on an experienced trading team to do the trades on their behalf.

The team of traders and analysts who perform the research and make the trades each bring years of experience to the table. They include seasoned Forex investors a well as those who have experience in the field but bring an outsider's outside-the-box perspective. The team's skills are a balanced mix between fundamental analysis and technical analysis and the team works together, within specific parameters, to strive for successful wins.

Experience is only half of the story at BlackHorse Fund. The other half of the story is their technique: The team combines their experience with specific best practices and a proprietary algorithm that has proven to be extremely market-intuitive.

And how have BlackHorse Fund investors fared? By combining the experience of their team and the proprietary algorithm, BlackHorse Fund has delivered a substantial double-digit percentage return to investors.

The fund is a private fund, managed by BlackHorse Management LLC and its limited partners are a select group of anonymous investors who prefer bottom line results over the notoriety of being linked with a hot fund like BlackHorse. New investors are occasionally added through a rigorous application process to ensure that all investors match the risk/reward profile necessary to be an ideal participant in the fund. - 23309

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Personal Budgeting Can Help You Avoid Financial Ruin!

By Emma Elvie

We wrote this article in hopes of being able to provide you some tips on personal budgeting and saving money so you can avoid some financial issues such as bankruptcy. Below you will find some tips that you can begin using right away.

Money Saving Coupons: This should be one of the most important rules when it comes to personal budgeting. Why you ask? If you take the time to get your hands on some money saving coupons you will be amazed at how much money you can save each time you do your shopping when you reach the checkout line.

Bulk shopping: If you notice that your favorite foods that you eat a lot of the time are on sale, then you may want to consider picking up more than one item. You will realize that as long as they do not have an expiration on them such as, soap, shampoo, toothpaste and other household items that you use can last you a long time. You will discover that doing this can save you a lot of money in the long run.

Saving your change can be a great help in your quest for personal budgeting. You would be surprised how quickly change can add up and, even if its $50 or $100 per month, your coins can add up to some serious cash.

When it comes to personal budgeting most people do not give any thought to their coins; they usually just get rid of it because it is not a dollar bill. However when it comes to personal budgeting it is vital that you start focusing on everything.

Start paying yourself by putting a small portion of your check into a savings account. If you can begin by putting at least 10-20% of each check into a savings account, if you can not do that then just start by putting something aside.

Stop impulse shopping: We have all done it before we bought something and then regretted it later on. If you are an impulse shopper it is time to stop and think before you make that purchase. Take a day or two to decide if you really need it or not.

Shop when there are sales: There is nothing wrong with going shopping and sprucing up your wardrobe when the season chances; however make sure that you keep your eyes peeled on shopping at the sales racks. You will be amazed that when you are not paying full price for your items it will help you keep extra money in your pocket each and every month. After a while all that extra money that you saved can be used for all of life's essentials that we seem to need.

We have provided you with just a few of the personal budgeting tips that have seemed to help people avoid bankruptcy. Be sure to stop by and visit the site below for more great tips and resources that you can use to get your finances back under control. - 23309

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Choosing the Right Forex Software

By Bart Icles

FOREX traders who avail an account with of a Forex Broker are usually provided with Forex trading software to help them in their daily trade transactions in terms of automated functions and regular market updates. Many people are enticed into online trading as this has now become one of the more promising investments today that offers substantial returns. With this trend seeing no decline, there is a great demand for the able services of many veteran traders and brokerage companies to provide the necessary help, especially when it comes to using Forex software programs. There are two common types of Forex software systems available - the web based and the client or desktop based software programs. What you choose is eventually up to you.

Since the FOREX market is so intense, fast paced and volatile, FOREX software's, in essence, should be able to provide fast, real time market updates that is accurate in a few seconds time in order to keep traders abreast of all pertinent Forex data, to help them in all decision making matters. With so many various trading businesses available today, choosing one to suit your needs may be hard to do.

Before committing to any Forex software program, you should consider a few factors to avoid delays and problems in your trading. Security should be the at the forefront of your concerns, so you should look for a software that has an 126 bit SSL encryption to prevent uninvited guest accessing your personal data, including your financial history. The ideal software program should offer the most basic yet most security options, a non-stop or 24/7 service for technical concerns and trouble shooting and maintenance support for any hitches, regular backups for data storage and recovery.

To avoid losses, you should only get a Forex software program that is using the most current and up to date systems to help reduce or lessen the risks involved with online currency trading. If you know the right questions to ask about the nature of Forex software systems, finding the right software program may become easier than anticipated.

Finally, ask the Forex broker if the software system provides some additional future updates that are free, and some other important Forex programs that give extra information that may help you navigate your way through the market as easily as possible.

Forex currency will remain complicated and baffling to anyone without the help of Forex software programs. If you want to become a profitable trader, you should consider highly getting one before stepping out into active currency trading. - 23309

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Stock Market Help: Playing Double Bottoms and Double Tops

By Sean Phelps

Professional traders kill amateur traders in the stock market with double top and bottom patterns. Do not be another victim. In fact, after reading this article you will be able to get the revenge you deserve.

Every rally in the stock market reaches a point where enough bulls look at it and say"I've made a lot of money, and I might make even more money, but Id rather take my profits off the table. Charts top out when enough bulls take their profits, while the money from new bulls is not enough to replace what was taken out.

Bulls who just bought in are mad as they came in too late. They are trapped. Their position continues to pile on losses. Should they hold on or sell for a loss? Only when enough bulls decide the stock has overreacted on the downside will they come in and buy. The rally will resume to the upside as more bulls rush in to buy on weakness. As prices approach the level of their old top, you can expect sell orders to hit the market.

There are always bruised and beaten warriors who got trapped in the previous sell off and take a blood oath to get out if the market ever gives them another chance.

At a market bottom, bears start covering their short positions when a new low is formed. Once the rally from short covering ends and the stock continues to fall, the question becomes will the previous low hold. If bears (fear) are stronger than bulls (greed), prices will fall below the previous low and the downward move will keep on going. If bears are weaker than bulls, the downward move will stop near the previous low and create a double bottom bounce. Use your other favorite indicators to decide which of these events is more likely to happen.

When a stock climbs to old high, you need to ask yourself will the stock breakout above that high or turn down and form a bearish double top pattern. Your favorite technical indicators like the MACD, RSI, and volume will help you answer this question.

If the volume, RSI, and stochastics start falling as the stock approaches its previous high, then it is likely that a double top pattern will form.

Whenever a stock falls to its previous low, it is likely a double bottom will form if the volume and MACD start climbing. - 23309

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Online Life Insurance

By John Fagan

Life insurance is intended to help people get a cover for their family so that in case of sudden death of the policy holder, his family members or loved ones, also known as beneficiaries are helped financially to be safe and secure and live a good standard of life. This is done by providing them with pre-determined amount of money which is decided by the policy holder and knows as death benefits. The death benefits are given to the beneficiaries to complete the financial responsibilities of the deceased.

It is good idea to collect data from online resources and analyze if buying a standard policy or comprehensive plan best suits your monetary needs. You can help yourself to points of benefits that experts profess and to the use of web based tools in calculating the exact amount of coverage that you will require. Then, you can make an appropriate choice of the ideal policy.

Most of the time, the insurance providing companies make the entire process of getting a life insurance easier by providing their sales agents to help the buyers get the right life insurance policy for them. These sales agents help by making phone calls, go on home calls, if need be, to provide the right knowledge of the various policies available and to help you choose the best for yourself.

Just by clicking a button you are able to arrive at the ideal policy. You can use these online tools to analyze your financial needs in the present style of living and in the future. Then make a provision for debts on mortgages, estate maintenance as well as higher education for children. Your task to calculate the appropriate coverage to fund these requirements is simplified. Only the correct policy plan can enable maintenance of current style of living along with providing room for enhancements. Thus, essentially you need to calculate your total commitments for funds before you buy a plan.

These tools that are available on the internet can also calculate the coverage that is required as per your individual needs. First, you need to enter some of your information like your name, address, number, date of birth, etc and then by evaluating your details, you are categorized accordingly and then the result is shown as per the data entered by you. The data you enter help the companies to determine what will be the best deal for you and also give you a clear picture of the coverage and the premium that you will have to pay.

You need to be able to assess correctly the finances you will need to provide your beneficiaries essential coverage in case of your untimely demise. This can be done with the assistance of expert advice. You need to make an apt choice of cheap prices on a standard life policy and reap optimum benefits too. - 23309

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Wednesday, August 26, 2009

How To Use Stock Charts

By Michael Swanson

Day traders everywhere have begun to watch the stock charts very closely as a hint to what investments to make. You can do this as well. It is fairly easy if you keep a close eye on the stock charts.

Stock charts were created to help any investor and the stock market beginners in deciding which decisions to make in their investing. They will show you easily if a stock has risen or dropped and how well the company is doing.

Investing your money is extremely important. If you do a good job with your investments, you could make a large amount of money and not have to fear for your future. Once you retire from working, you may rely on your stock decisions to live a comfortable life.

If you make poor decisions in regards to your stock purchases, you could find yourself with the need to work well past your scheduled retirement age. If you do not have the funds available to retire, you are left with no choice.

When deciding where to invest your money, take a look at the stock charts for different companies or regions. Do not limit yourself, spend some time researching all of your options before spending your hard earned money.

If a stock has shown steady increases it is a good chance that the increase will continue. This may be a good stock for you to invest in. On the other hand, if the stock has shown steady decreases, you may want to stay away from investing in that stock.

The expert day traders that spend their lives studying the stock market and making important investment decisions will be the first ones to tell you that the market is unpredictable completely. You can study the stock charts and identify a good option but you cannot be positively guaranteed that this stock will do well the next day or the next month. - 23309

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Trading Strategy - Descending Triangles Downside Breakout

By Jeff Cartridge

Descending triangles have been very popular with traders on the short side and are not so often traded when it breaks in the upward direction. A descending triangle is defined by two lines, one on the lower boundary of the price movement which is horizontal and one on the upper side which slopes down.

Descending Triangles, One Of The Best

Descending triangles are one of the most predictable patterns that are available to trade short. With 57% of the patterns breaking down descending triangles can deliver good returns when they do. The average gain is 0.92% in 9 days with about half of the breakouts (45%) being profitable. These results are good but selecting the right conditions can make trading descending triangles very attractive.

Specific Setups to Improve Profitability

When you look at the performance of a descending triangle in bearish market conditions you will see the results were stronger than they were in more bullish years. Trading descending triangles when the market is in a down trend or consolidating improves your trading results. The sector should be falling to make the most profits. Unusually the trend of the sector at the end of the pattern, prior to the breakout is less important than the sector trend at the start of the pattern.

Breakouts can occur anywhere along the length of the descending triangle pattern. Another key to picking successful short breakouts from descending triangles is to look for a turning point up from the lower boundary that fails to reach the upper boundary and then falls away.

If the volume supports the breakout the results are better. Supportive volume means the volume on the way down is higher than the volume on the way up.

Trading Descending Triangles Can Be Profitable

Incorporating these simple changes when selecting descending triangles to trade short, dramatically improves the results. With an average return per trade of 2.55% in 10 days and a hit rate of 48% descending triangles are one of the most profitable patterns to trade on the short side.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23309

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Automated Forex Trading System - The Benefits

By Jane MacRae

Automated forex trading is something anyone interested in forex trading should know about.

Forex trading is another name for foreign currency trading. Investors simply buy one of the world's currency when it is low and sell it when it is high, and make a profit with the balance.

Do not be fooled by its simple concept, the actual forex trading process is filled with complexities. The forex market moves at a fast pace, and changes occur from time to time. An automated forex trading system can be just what you need to keep up.

As said by its name, an automated forex system automates the process of currency trading. Probably to some people, a more hands-on, manual approach might seem like the best way to go. However, the benefits of using an automated system are something most players will not pass by.

1. It works restlessly

The forex market is a restless market. It is live 24 hours a day and 7 days a week.

You are not a machine. You need to sleep, to eat, to entertain, to shop, to pick up your kids from school. There is no way you can monitor everything that happens on the forex market, all hours of the day and night, manually.

Now, with automated forex system, you can become more efficient. The system does not require breaks, and It can monitor the market changes restlessly. Even while you are sleeping, brushing your teeth, or running errands, your automated system can be making money for you.

2. It Does A Number of Jobs

The forex market moves fast and, sometimes, a lot of different things can happen at once. Even if you are sitting in front of your computer, diligently monitoring the market, you can still end up missing amazing opportunities.

This is not a problem for an automated forex system. No matter how fast something happens, no matter how many different things happen at the same time, your automated trading system will still keep track.

3. It Does Not Give Ways to Emotions

Sometimes, emotions can get in the way of making sound business decisions. On the forex market, where making the right split second decisions can mean the difference between making and losing money, being impulsive, indecisive, unsure, or rash can do you financial harm.

An automated forex system will never have problem with emotions. Once you tell the system what to do and when to do it (based on your knowledge of the market) those things will get done, and in a timely manner.

Undoubtedly, automated forex trading can bring currency trading to the next level. Because of such, the number of automation software is on the rise in the market. You should do yourself a favour by checking out some really good ones, as the benefits an automated system will bring about are just an asset you can not afford to live without. - 23309

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Trading Systems: Money Management

By Maclin Vestor

How to manage money when buying stocks, futures, or options -- what you must know before you buy.

Many people have a very crucial problem, they take on more risk than they can. It really doesn't matter if you're very young, if you take risk to the extreme and continue down that path, you will by mathematical law in all probability lose money.

Lets say you had an almost sure investment that was 85% likely to succeed. When it succeeded you double your money. You put all your money on it. The problem is, when the investment fails, you lose everything. Now it is just a fact that you will eventually lose everything if you continue to invest everything. You only need one trade and you are wiped out completely. Now, even if you invested 90% of your money on an investment that would win 80% of the time, you still are taking on too much risk to win in the long run. If you lose once, you will need a 1000% return just to get back to even. That simply will not happen forever, and even if it did, the large loss would limit your potential for gain so much, that you'd be better off not taking on the maximum risk.

Now, your risk of losing everything can never be completely 100% eliminated, even with conservative strategies. If you flip enough coins, eventually you'll get a very rare event such as 100 heads in a row. However, you'll also get 100 tails in a row. The idea is that you have a strategy that yields you more when you win, and/or wins more than it loses. in this case there will be several losses in a row, but there will also be several wins in a row. If you manage your money properly, you will still have enough money if you get several losses in a row, to be able to more than make up for it when you get several wins in a row. If you are forced to limit the amount of capital after so many losses, that you cannot invest with the same amount after the losses, you may be unable to win enough to make up for those losses. The idea is to keep your investments small enough to limit the chances of that happening. Although almost nothing is a sure thing, by using proper money management, you tip the odds in your favor.

Even if you have a profitable method, if you do not manage your risk, your profitable method becomes unprofitable. It's not usually the investment vehicle, it's the investor that ultimately determines how quickly you fail, and ultimately whether you are able to succeed. Under the same context, it's not usually the type of car, but the driver that determines whether you cause an accident. In order to protect yourself, you must keep your positions at a manageable level, and make sure to keep yourself limited by these rules that will limit your risk of ruin and keep the odds in your favor so you can stay in the game.

So how exactly does one manage money in a trading system? You need to determine probability of a move taking place. If you buy OTM option, the stock will have to move larger for success to occur. Of course if it does, the reward will be greater. There are probability curves based on a random walk theory that will assist you in determining the probability of a move taking place, until you know any better, use these. However, you also should use your own records of your system Determine both your risk/reward (your average % win divided by your average percentage losses, and in addition figure out your likelihood of success. When you do this, you can use what's known as the Kelly Criterion By using the formula as follows Kelly % = W - [(1 - W) / R] Kelly % = The maximum percentage of your capital you should invest per position. W = Winning probability R = Win/loss ratio

A trading system that contains good money management rules will not only outperform one without, but it will also help protect your capital, and keep you in the game. - 23309

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