TIME IS MONEY

TIME IS MONEY
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Wednesday, February 6, 2008

u can!!!!!


u can do this ,,,just be with me
deadly_deathsh@hotmail.com

The Benefits of Free Online Stock Trading 3

A number of free online stock trading companies have information on their websites that can give you vital information when taking part in online stock trading; and it is this kind of information that will separate the winners from the losers in the online stock trading world. Any information that you can get your hands on as a beginner in the stock market world will help you to formulate an overall strategy.

Being part of the online stock-trading world can be dangerous and risky. But if you are fully prepared, then you will not have a problem and you will be able to conquer any obstacle that may get in your way.

The Benefits of Free Online Stock Trading 2

Some people see stock trading as a gamble; and this may even be true in certain respects. But this gamble is only used by businessmen and women; they are the best in the business and they know when to buy and when to sell. Of course, you might not be that kind of stock trader; you may not have a vast amount of experience, so how can you make this kind of gamble successful?

The Benefits of Free Online Stock Trading 1

Before you jump into the crazy world of online stock trading, you should be aware of the risks you will be taking, so you can have a plan for every possible outcome. For instance, what if the stock you have invested in plummets or skyrockets? When do you buy more and when do you sell? What if you can't buy more stocks because you don't have the money? All these questions need to be answered, which is why you need to have an overall plan and an overarching strategy to apply to all of your decisions.

The Benefits of Free Online Stock Trading

There are loads of websites that will let you sign up free of charge; and will also allow you to then indulge in free online stock trading. Of course, you have to pay for the shares that you purchase, but the stock trading resources and tools that the website provides you with are free.

Forex Trading Strategies 3

To find support and resistance levels, price charts need to be analyzed for unbroken support and resistance levels. Charts can be analyzed in any time frame; however longer time frames establish more important support/resistance levels. Traders can use support/resistance levels to determine when to enter or exit a transaction.
Moving averages are another common tool in FOREX trading strategies. The simple moving average (SMA) shows the average price in a given period of time over a specified period of time. Moving averages serve to eliminate short term price fluctuations giving a clearer picture of price movements. FOREX traders can plot a SMA to determine when prices have a tendency to rise or fall. If prices cross above the SMA they have a tendency to keep on rising. Conversely, prices below the SMA have a tendency to continue their downward motion.

Forex Trading Strategies 2

There are many analytical tools available to understand market movements. The beginner FOREX trader is well advised to study each one separately for getting a working knowledge of their concepts and application. Once one has been understood, keep on using it while studying others. Each tool tends to reinforce the others.
Support and resistance levels are used in many FOREX trading strategies. 'Support' refers to the price level that is repeatedly seen as the bottom – when the price reaches this level it tends to rise. Resistance levels are upper prices that the currency rarely trades beyond. Support and resistance levels contain price movements for a period of time.
When currency prices break through support or resistance levels, the prices are expected to continue in that direction. For example, if the price rises above the previous resistance level, it is seen as bullish – the price should continue to rise.

Forex Trading Strategies 1

Technical analysis relies on one key concept: Prices move by trends. The common saying in FOREX is 'The trend is your friend.' Market movements have identifiable patterns that have been studied over many years and a thorough understanding of these trends and how they can be read forms the basis of a good trading strategy.

Forex Trading Strategies

To be a successful FOREX trader you need a trading strategy. There is no one set strategy that is good for all traders; rather, each trader needs to develop his or her individual approach to the FOREX. Some traders rely solely on technical analysis while others prefer fundamental analysis, but many successful FOREX traders use a combination of both to get a broad overview of the market and for plotting entry and exit points.

How To Choose a Forex Trading System That Works and Suits You

This would give you a true understanding of what your system is capable of. This would also allow you to familiarize yourself with your trading platform at the same time. When determining profitability you must look at it in terms of expectancy and opportunity.Expectancy & OpportunityThese two factors together will be able to tell you what you could expect to make over a period of time. Expectancy is calculated with the following formula:(Probability of winning × average win) – (Probability of losing × average loss)This will give you a figure which is the average amount you can expect to make per trade. This shouldn’t be a negative amount, if it is you should look at some other method of trading since you cannot make money on a system that produces a negative expectancy. Obviously the higher this figure is the better. Now to the opportunity factor.The opportunity factor is how often you are able to trade using your system. By multiplying your expectancy figure with your opportunity factor it will tell you how much you could expect to make over a period of time. The more opportunity you have to trade, the more money you should expect to make. This now brings us to the last component of a trading system, money management.Money ManagementWithout proper money management you will end up as a statistic. In other words one of those 90%+ of traders who loose their money. Money management tells you how much of your account balance to risk per trade. The whole point of money management is to ensure your survival over the long term, and to preserve your capital.The most common form of money management is the percent risk model which tells you not to risk more than x percent of your account balance on any one trade. A range between 1-3% is generally an accepted amount which has been a reliable percentage to use in order to make money in the long term.ConclusionBy taking into consideration the above factors you will be able to determine if a trading system best suits you, and with some simple mathematical calculations you will be able to determine its profitability

How To Choose a Forex Trading System That Works

There are so many different trading systems you could use to trade the forex market, some better suited to certain people than others. For example some people may find it easier to comprehend and take into account fundamental factors as opposed to looking at a screen covered in technical indicators, and vice-versa.The first logical step in determining what type of trading system would best suit you is actually being aware and understand the widely known methods of analysis used in trading the currency market. Once you are aware of the tools that are available, you can generally tell what type of analysis suits you. For example some of the main technical analysis methods which are popular include:Pivot pointsChart patternsFibonacci retracementsCandlestick patternsAnd some fundamental factors which are widely used include analyzing:Interest ratesTrade balancesUnemployment ratesGross domestic product (GDP)You may now actually be able to develop your own system by combining certain methods of analysis together, giving you a method which you are comfortable with. On the other hand you may decide that you would like to trade someone else’s system, either way, that brings us to the next step which is determining the profitability of a trading system.Determining ProfitabilityMost people would think that back testing is the best way to determine a systems profitability. However back testing doesn’t always give you a true idea of how profitable a system is. The reason for this is because when you’re back testing your system on historical charts, you are only seeing the obvious setups which have occurred, and not always seeing the ones that are less obvious. These less obvious ones sometimes can produce losses, which is why back testing isn’t always the best method to implement.A better method of determining profitability is by trading your system in real-time with a demo account.

Things You Should Know About Forex Trading 3

Price behavior: They have incorporated price behavior into their trading systems. They know price action has the last word.
Money management: Avoiding the risk of ruin is a primary subject to the best traders. After all, you cannot succeed without funds in your trading account.
Trading psychology: They are aware of every psychological issue that affects the decisions made by traders. They have accepted the fact that every individual trade has two probable outcomes, not just the winning side.
These are, among others, the most important factors that influence the success rate of Forex traders.
We know now that it is not easy to make money trading the Forex market, but it is possible. We also discussed the most important factors that influence the rate of success of Forex traders. But, how much time does it take to have consistent profitable results? It is different from trader to trader. For some, it could take a life time, and still don't get the desired results, for some others, a few years are enough to get consistent profitable results. The answer to this question may vary, but what I want to make clear here is that trading successfully is a process, it's not something you can do in a short period of time.
Trading successfully is no easy task; it is a process and could take years to achieve the desired results. There are a few things though every trader should take in consideration that could accelerate the process: having a trading system, using money management, education, being aware of psychological issues, discipline to follow your trading system and your trading plan, and others.

Things You Should Know About Forex Trading 2

Trading the Forex market has many benefits over other financial markets, among the most important are: superior liquidity, 24hrs market, better execution, and others. Traders and investor see the Forex market as a new speculation or diversifying opportunity because of these benefits. Does this mean that it is easy to make money trading the Forex Market? Not at all.
Forex brokers agree that 90% of traders end up losing money, 5% of traders end up at break even and only 5% of them achieve consistent profitable results. With these statistics shown, I don't consider trading to be an easy task. But, is it harder to master any other endeavor? I don't think so, consider musicians, writers, or even other businesses, the success rates are about the same, there are a whole bunch of them who never got to the top.
Now that we know it is not easy to achieve consistent profitable results, a must question would be, Why is it that some traders succeed while others fail to trade successfully in the Forex market? There is no hard answer to this question, or a recipe to follow to achieve consistent profitable results. What we do know is that traders that reach the top think different. That's right, they don't follow the crowd, they are an independent part of the crowd.
A few things that separate the top traders from the rest are:
Education: They are very well educated in the matter; they have chosen to learn every single and important aspect of trading. The best traders know that every trade is a learning experience. They approach the Forex market with humility, otherwise the market will prove them wrong.
Forex trading system: Top traders have a Forex trading system. They have the discipline to follow it rigorously, because they know that only the trades that are signaled by their system have a greater rate of success.

Things You Should Know About Forex Trading 1

How difficult is it to make money trading the Forex market? How much time does it take to actually be able to make a living trading the Forex market? These and other important aspects of trading are to be discussed in this article

Forenoon Snow (Minnesota's Emerald Snow)(Now In Spanish and English) 2

Note (by the author): This afternoon, I walked out into the soft snow in my driveway; whizzed the snow away from my car with a broom. Then I remembered how beautiful it all is, winter in Minnesota (how it was, used to be, is); I was kind of in a trance looking at it all descend from the sky, onto the green tree in our yard, the car, driveway, me. I had waked up earlier, and looked out the window (prior to this), and it was boundless snow that filled my eyes: I remember thinking, What a blessing to be able to simply absorb this all . Later on that evening my wife said: I love walking in the snow, she s from Peru, and this is her sixth winter in Minnesota. She has learned there is no other place on earth that has such a wonderful and full winter. Long it is, but beautiful. And then she said that evening as we left the bookstore, to get into our car, Look at the snow how it glistens, it was doing just that with the lights of the bookstore, and arch light by the car, and moon, it all set the mood, touched our senses, this was not a perchance thing, it was a God sent thing; she has learned what we Minnesotans take for granted: Minnesota is by far, the wonderland of all lands in the world, in winter, and St. Paul, is surely the city of cites to enjoy a winter in.
I have learned one must grab the novelistic beauty of a thing, and bottle it, before it disappears
In SpanishTranslated by Nancy Penaloza
Nevada matutina(La Nieve De esmeralda de Minnesota)
Encima-, la nieve de esmeralda fluyeAbajo (Sobre Minnesota verde), Mientras miro fuera de mi ventana:Mirando fijamente sobre los cielos nevosos, Capturo la escena de la ma ana-!
Abundante y r pido, sin problemas:Son-, sus matices nevosos que brillan!... Feliz pens : por ver esta suave
Esmeralda, nieve de la ma ana
S game Oh s , por favor h galo":
Llam a la Nieve de la Ma ana:
S game dentro de mis memorias,
Para tiempos cuando este viejo! ...
940 (12/3/05)

Forenoon Snow (Minnesota's Emerald Snow)(Now In Spanish and English) 1

Above , emerald snow, flowsDown (On Minnesota green),As I look out my window:Gaze upon the snowy skies,Capture the morning scene !
Boundless and swift, untroubled:Are , its snowy glistening hues!...Happy I thought: to see this softEmerald, forenoon snow
Follow me, O yes, please do :I called unto the Forenoon Snow: Follow me into my memories,For times when I am old!...
#940 (12/3/05)

Deadly Forex Mistakes That Assure Failure 2

If there is no position to be taken, there is also no money at risk, if there is no money at risk, we do think objectively and are open to every possibility, thus we are able to find low risk trading opportunities. So make sure you don't have a system and trade based on a randomly approach.
If you have already created your system, then don't follow it, be undisciplined. If you follow your system, there is a possibility that you can profit from the Forex market based on the trading opportunities you have found. If you want to fail on your trading, be sure to be undisciplined.
Don't get educated. Most successful traders are very well educated in the market they trade (stocks, Forex, futures, etc.) If you get educated, you might acquire the knowledge and experience you require to master the Forex market. Don't read about the Forex market, don't enroll into Forex training programs and don't even look at historical charts.
Don't use any money management technique. The purpose of money management is to avoid the risk of ruin, but at the same time it helps you boost your profits, allowing them to grow geometrically. For instance, by using no money management techniques, there is a possibility that in loosing 10 trades in a row you could empty your trading account. On the other hand, by applying simple money management techniques you can avoid it. So make sure, if you want to fail, don't even consider money management.

Deadly Forex Mistakes That Assure Failure 1

Before venturing into your trading journey there are some things you need to be aware of, otherwise you could succeed on your trading adventure, and we don't want that to happen, do we? This Forex training guide will help you track the most costly mistakes Forex traders do.
First of all, make sure you don't have a trading system. Having a trading system might increase the odds of your success. If you have a system, you will have an objective way to get in and out the market. When traders create their trading systems they think objectively since there is no position to be taken at the moment.

Tuesday, January 1, 2008

A Look at Online Forex Brokers


An online forex broker is a firm that facilitates retail trading using Internet technologies. Global Forex Trading (GFT), one of the popular online forex brokers. It provides retail traders with a free demo trading account, allows users to open a live account, gives live help, provides software called DealBook FX 2, and allows viewing of account documents. (DealBook FX 2 can be downloaded for the demo trading account).Gain Capital Group's Online Forex offers 200:1 leverage. In some cases, the total return on investment is higher due to leverage. For example, with $1000 cash in a margin account, the investor can control up to $200,000 in notional value. Of course, trading on leverage magnifies both the investor's profits and losses. GCI Financial Ltd. offers commission-free online trading in forex. GCI offers Internet trading software, fast and efficient execution, and 0.5% margin requirements. This broker offers USD or Euro denominated trading accounts. The spreads are 3 pips in EUR/USD and USD/JPY, and are 4 to 5 pips for other major commissions. Clients can hedge by opening positions in the same currency in opposite directions. Risk to the investor is limited to the deposited funds. Market analysis and research, real-time charts, and forex trading signals are available at no charge.ACM, part of the REFCO group, offers 3 pip spreads on all major currencies, which works out to between 0.02% and 0.03% on the dollar value. They also offer commission-free trading, and forex trading with a 1% margin, which means that a trader can control $1,000,000 with $10,000 in his account.There are many online forex brokers that offer free demo accounts for potential forex traders to practice trading. It is only a matter of registering and starting demo trading to get a feel for forex trading. In addition, at most sites, traders can find free forex news to assist them with their trade strategies.

Great Tips For Profitable Forex Trading


Here are some tips to help you start trading Forex profitably:
There's so much information about Forex trading online that it's understandable for the novice trader to feel overwhelmed. Here are some guidelines on how to get started in the Forex market.
First of all, study. Read everything you can find on the basics of the Forex market, starting with these articles and continuing with whatever else you can find. With all the free information about the Forex market currently available online, you shouldn't have to purchase anything at this stage.
When the data makes sense to you, choose a broker. This decision should be based on your trading needs. If money is going to be tight, find a broker that offers a micro account, so you don't blow your entire trading budget in the first week.
Also, make certain there are no hidden fees. If you're trading on a small account, it would be inconvenient, to say the least, if your entire monthly profit was eaten up by a maintenance charge.
When you've found the perfect brokerage, open a demo account with them. This gives you access to their live feed, with up-to-the-second price quotes and charts and your choice of indicators, and his economic calendar and knowledge base.
Of course, with all this fresh information, you'll want to read it, too. While you're studying, get to know the brokerage's online trading platform. You should be able to open the chart of the currency pair that interests you, add and remove indicators, change the time frame of the chart and the parameters of the indicators, and use the graphic interface to draw trend lines. You should also be able to open market and entry orders, add and change stops and limits, manage a trailing stop, and close a trade quickly should the market be moving against you.
Then paper trade using the technique of your choice. Pick one currency pair for in-depth study; many people choose the EUR/USD or GBP/USD, because their volatility creates a lot of trading opportunities. But be aware that the best trading opportunities will be during the hours that market is open; for the European markets, that's five to seven hours before the United States, depending upon your time zone. Getting up at three in the morning to watch charts can get old fast, especially with a job or family. If that's the case, consider working with the USD/JPY, the Japanese yen, as Tokyo's trading hours begin during our evening.

Forex Trading Philosophy


Many beginning FOREX traders are captivated by the allure of easy money. FOREX websites offer 'risk-free' trading, 'high returns' 'low investment' – these claims have a grain of truth in them, but the reality of FOREX is a bit more complex
This kind of undisciplined approach to FOREX is guaranteed to lose you money. FOREX traders need to have a rational trading strategy and not allow emotions to rule their trading decisions.
To make rational trading decisions the FOREX trader must be well-educated in market movements. He must be able to apply technical studies to charts and plot out entry and exit points. He must take advantage of the various types of orders to minimize his risk and maximize his profit.
The first step in becoming a successful FOREX trader is to understand the market and the forces behind it. Who trades FOREX and why? Who is successful and why are they successful? This knowledge will allow you to identify successful trading strategies and use them as models for your own.
There are 5 major groups of investors who participate in FOREX – Governments, Banks, Corporations, Investment Funds, and traders. Each group has varying objectives, but the one thing that all the groups (except traders) have in common is external control. Every organization has rules and guidelines for trading currencies and can be held accountable for their trading decisions. Individual traders, on the other hand, are accountable only to themselves.
This means that the trader who lacks rules and guidelines is playing a losing game. Large organizations and educated traders approach the FOREX with strategies, and if you hope to succeed as a FOREX trader you must play by the same rules.
Money Management
Money management is part and parcel of any trading strategy. Besides knowing which currencies to trade and recognizing entry and exit signals, the successful trader has to manage his resources and integrate money management into his trading plan. Position size, margin, recent profits and losses, and contingency plans all need to be considered before entering the market.
There are various strategies for approaching money management. Many of them rely on the calculation of core equity. Core equity is your starting balance minus the money used in open positions. If the starting balance is $10,000 and you have $1000 in open positions your core equity is $9000.
When entering a position try to limit risk to 1% to 3% of each trade. This means that if you are trading a standard FOREX lot of $100,000 you should limit your risk to $1000 to $3000 – preferably $1000. You do this by placing a stop loss order 100 pips (when 1 pip = $10) above or below your entry position.

What’s With Forex Margins?


Buying on margin is almost a necessity in the Forex (Foreign Exchange market) because the standard transaction is $100,000 and known as a “lot”. Lots have to be that big on the Forex because of the sheer volume of money changing hands—nearly $1.8 trillion dollars every day (and the market is open 24 hours per day, Sunday through Friday). This huge volume is a large draw for investors along with other advantages, such as:• Large volatility means great opportunity for profit• Large volume means market is liquid and easy to enter/exit a position• Ability to profit whether the market is rising or falling• Stops and other account instruments can limit risk while ensuring maximum profitability• Opportunity for commission free tradesIt’s simple: The greater the risk, or volatility, the greater the potential for profit. In truth, retail or smaller Forex investors could not even play on the Forex market until rather recently. Prior to that, only investment banks, hedge funds, and really big investors could even trade on the Forex. Without leveraging accounts (or trading “on margin”), there is no way that the average investor could afford to trade.Now although the average Forex transaction is called a lot and $100,000, there are brokers that permit investors to trade “mini-lots” for $10,000 and some even offer “micro-lots”. However, the typical transaction is a lot and the typical investor would need to put up $1,000 in order to acquire a position, or 1%. Brokers and trading institutions need to have some kind of collateral in case of loss. For retail Forex traders, that collateral is the 1% margin put up to acquire the position. The broker will credit the trading account with this margin and secure it in the event of any future trading losses. Because of the large minimum trading amounts, leveraged trading is simply a practical necessity for the retail Forex trader. However, because investment banks and other similar institutions must guarantee the loans used to leverage your trade—there is naturally an interest charge to factor into the transaction. While margins do allow smaller investors to realize the huge profits available in the Forex, they tend to enhance the rates of loss while adding a systemic cost to the process.Leveraged financing, however, is the backbone of the new Forex and definitely has helped to fuel its trade volume. It is not common for losses to create a negative account because most brokers will close out an account once the margin has been used. However, losses will mount quickly in such a volatile market which is why all investors are advised to place stops with their orders. If stops are not placed and the account is not set up to zero out when the margin has been used, it is possible to incur losses all the way up to the size of the transaction, or $100,000 in most cases. It definitely scares some investors to think about the potential for loss when leveraging a position. However, by simply setting stops in place, the potential for dramatic loss is contained while still allowing the investor the potential for unlimited profits. Forex margins are a reality for retail traders but there is nothing to worry about so long as you set your account up properly and put stops in place.

Forex Brokers


Most FOREX traders use a broker to handle their transactions. What exactly is a broker? Strictly speaking, a broker is an individual or a company that buys and sells orders according the investor's decisions. Brokers earn money by charging a commission or a fee for their services.
A FOREX broker needs to be associated with a large financial institution such as a bank in order to provide the funds necessary for margin trading. In the United States a broker should be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) as protection against fraud and abusive trade practices.
Before trading FOREX you need to set up an account with a FOREX broker. You may feel overwhelmed by the number of brokers who offer their services online. Deciding on a broker requires a little bit of research on your part, but the time spent will give you insight into the services that are available and fees charged by various brokers.
The best advertising is word-of-mouth advertising, and this is just as valid in FOREX trading as it is for any other type of business. Talk to friends and associates to see who they are dealing with and find if they have any complaints or difficulties in dealing with a particular broker.
You could try selecting a few online brokers and contact their Internet help desks to see how quickly they respond to enquiries and whether or not they answer questions to your satisfaction. Keep in mind, however, that pre-sales service may be better than after sales service. This can be true for any online business, not just FOREX brokers.
Customer satisfaction and safety are just part of the story. You want to find a broker who executes orders quickly and with minimum slippage. All online brokers should offer automatic execution and have clear policies regarding slippage. They should be able to tell you how much slippage can be expected in both normal and fast-moving markets.

Forex Treminology

Glossary of forex related terms*American-style option An option contract that may be exercised at any time before it expires.Ask The quoted price at which a customer can buy a currency pair. Also referred to as the 'offer,' 'ask price,' or 'ask rate.'Base Currency For foreign exchange trading, currencies are quoted in terms of a currency pair. The first currency in the pair is the base currency. For example, in a USD/JPY currency pair, the US dollar is the base currency. Also may be referred to as the primary currency.Bid The quoted price where a customer can sell a currency pair. Also known as the 'bid price' or 'bid rate.'Bid/Ask Spread The point difference between the bid and ask (offer) price.Call A call option gives the option buyer the right to purchase a particular currency pair at a stated exchange rate.Counterparty The counterparty is the person who is on the other side of an OTC trade. For retail customers, the dealer will always be the counterparty.Cross-rate The exchange rate between two currencies where neither of the currencies are the US dollar.Currency pair The two currencies that make up a foreign exchange rate. For example, USD/YEN is a currency pair.Dealer A firm in the business of acting as a counterparty to foreign currency transactions.Euro The common currency adopted by eleven European nations (i.e., Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain) on January 1, 1999.European-style option An option contract that can be exercised only on or near its expiration date.Expiration This is the last day on which an option may either be exercised or offse

Forex - You Need A Real System!


Although it has been some years since I was actively involved in trading, I have just returned to the markets and have begun to trade a small account on my own behalf. This has perhaps given me a slightly skewed perspective of the markets, almost like a new entrant, but one with a lot of experience.There have been some big changes whilst I have been inactive, not least in the number of online brokerages fighting for every dollar.But many things stay the same, at the heart of which is one, I guess, unbreakable truth. Trading is basically a very simple business, with any trading stocks, options, FOREX, whatever only really involving three steps:1. Find several possible trades evaluate them and decide which to go for,2. Calculate how much to trade, and decide at what points to enter and exit the market3. Keeping an eye on, or monitoring, open market positionsNow, these three steps were basically all there was to it a few years ago, and they still And, guess what, people are still getting totally bogged down right here, at this early stage of the trading process, generally, for one of two reasons.The first possible reason is that they simply are not aware that these are the steps involved in the trading process, or (the second reason) they have no clearly defined rules for actioning these steps. Thus, less experienced, more nervous, traders can often take hours to evaluate a small number of potential trades.Experienced day traders, on the other hand, are fully aware that, with little time available to execute their trading, they must have a process plan and they must stick to it.A day trader will set out his (or her) plan of action something like this:1. Recognize the opportunity, enter the market2. Stay in the trade for as long as possible if it is going for him or3. Get the heck out of there with minimum losses, as soon as it is clear it is going to go the wrong wayThat s it! That s essentially what a day trader in any market was doing years ago, and that is what a day trader is still doing today, with little or no change to their working practices brought about by the vastly more advanced technology of today.Savvy day traders learn very quickly that they must plan ahead of time, so that they are in prime position to take full advantages of the opportunities that occur in real time.Thus, day trading, which on paper at least is a pretty dangerous and risky manner of working markets is, in fact, one of the most disciplined trading schools! By the nature of market movements and the way they operate, day traders simply cannot afford to run their trading business on a wing and a prayer!

Day Trading Stock Picks



Day trading stock picks are the best stock deals that are available for day trading. Awareness regarding day trading stock picks allows a day trader to gain maximum returns from the market. The day trader has to capitalize on intra-day price volatility in the most active stocks to reap a regular profit from the stock market.
The main advantage of day trading is that one s stock positions are not held beyond the current trading day. Hence, the chances of potential losses that may arise due to holding a stock overnight are minimized. Increased leverage and profit in any market condition are the other key advantages of day trading. Since trading period is limited, day trading stock picks become a crucial helping factor.
However, day trading may sometimes lead to immediate financial losses. Lower liquidity, higher volatility, changing prices, and unlinked markets are some of the drawbacks of day trading. It is, therefore, necessary for a day trader to have adequate experience and thorough knowledge regarding the securities market and trading techniques. This also necessitates a detailed analysis of the stock picks list and applying one s discretion when selecting the stock.
Day trading stock picks are chosen based on a set of strategies or methodologies, of which the most important are technical analysis, trend analysis, relative strength ranking, fractals and volumes, chart formations, and algorithms. One can look out for reliable newsletters which provide expert advice related to the most active stocks and indices. Further, there are myriad Web sites that provide tips and day trading picks. Interactive chat rooms provide first-hand information on the day trading stock picks. Many good books are available which can educate the day trader on day trading stock picks, as well, though this information is not as up-to-date as Web sites and newsletters, in general.

A Mini-Guide To The Managed Forex Account

A managed forex account is forex made easy. It is especially tailored for those investors who do not have the time or desire to monitor their own forex account. Many different companies offer these accounts to their clients. A managed forex account is often chosen by individuals who wish to take advantage of the high liquidity and high profitability of the forex market without taking the time to learn forex trading.
The world of forex trading is highly complicated and success requires education and familiarity with terms, charts, signals and indicators. With a managed forex account, the investor can rely on someone who is already familiar with and successful in the forex world.
One type of managed forex account utilizes robots to trade the investors account. To the investor, no human hand means that there will be no emotional trades. These automated systems are designed by experienced traders and take into account all the indicators and statistics of any good forex trading system to signal the robot to trade. This is really forex made easy.

A Guide For The Forex Currency Trading Beginner

For the Forex currency trading beginner a trade can be a little confusing until you break it down and come to grips with some of the trading terminology.
The purpose of any Forex trade is to swap one currency for another in the belief that the market will move and prices change such that the currency that you buy rises in value in relation to the currency which you sell.
The first important point is that each trade involves two currencies - the currency which you buy and the currency you sell. This gives us our first two important trading terms - the long position and the short position.
You take a long position when you buy a currency in the belief that it will rise in value and that you will able to sell at a profit.
If you sell a currency in the belief that it will fall in value you take a short position and hope to make a profit by buying it back again once the price has fallen.
The next important concept is that of the open and closed position. When you take a long position and buy a currency in the expectation that it will rise in value you open a position. When you later sell that currency to take you profit you close the position. The same is true when you take a short position and open that position by selling a currency in the expectation that it will fall in price and later close the position when you buy the currency back at the lower price.
In Forex trading currencies are referred to by codes (developed by the International Organization for Standardization and known as ISO codes) such as USD for the US Dollar and GBP for the UK Pound. Prices for these currencies are quoted as either USD/GBP or GBP/USD with the first currency appearing in the quote being the base currency and the second currency being the counter or quote currency

Forex Software - Choosing the Best

When it comes to forex trading the forex software you choose is essential. There are so many forex trading companies all competing for your business that choosing the right forex software can be quite a difficult task. Most of the forex software products available offers live online forex trading platforms but what other components are vital when it comes to your forex software.
Key Elements For Your Forex Software
Before purchasing any forex software there are a few essential items that should be included. The most important is security and your online forex trading software should include a 128 bit SSL encryption which will prevent hackers from accessing any of your personal details and information such as your account balance, transaction history, etc.
Providing the best security for your forex trading will include a company that provides 24 hour technical server support for your forex software, 24 hour maintenance should anything go wrong, daily backups of all information, and a security system that has been designed to prevent any unauthorized access. Along with these security protocols there are also some forex trading companies that use smart cards and fingerprint scanners to ensure that only their employees can have access to their servers.

Forex Day Trading A 100% Way To Lose All Your Money Quickly

Having been a forex trader for 25 years it amuses me when I see writers defend day trading. They say it really can make money! - Of course they have no track record to back it up just empty words. Fact is you are guaranteed to lose in day trading for one simple reason: All Movements in Short Time Frames Are Random
Trillions of dollars trade hands each day and million of trader s trade, all with different objectives and opinions and to say that you can predict what they do in a few hours or a day, is ridiculous. You can t. Volatility takes prices anywhere in a day and support and resistance levels are meaningless, so you would have the same success rate flipping a coin. It s absolutely impossible to get the odds on your side PERIOD This is of course why you NEVER see any of the vendors selling these systems give you a real time track record Why?Because they don t dare trade it! They would rather write some enticing copy and appeal to the greed and naivety of traders and make their money selling you the system they win you lose period. But I have seen a track record you may say and yes will have, but it s NOT real. If you check the disclaimer on it you will see there all hypothetical!What does that mean? It means done in hindsight knowing the closing prices! Now who can t do that it s not exactly hard. If we all knew tomorrows price today we would all be millionaires but we don t and neither do we know what will happen tomorrow, so there not worth the paper their written on. Day trading is a good story but the logic doesn t add up and the biggest lie about day trading is you can make money at it longer term. If you could you would see a track record or the vendor would shut up and trade it himself and not need your few hundred dollars. If you want to win Appreciate that trading is an odds game and to trade the odds you need to trade over longer periods ,where the data is valid and you can have a chance of getting the odds on your side.
Finally Don t day trade, get real and trade with the odds on your side.

Trading Forex With The Right Software

The trading software is one of the more overlooked aspects of trading Forex online. For those who are not familiar with the Forex market, it is extremely fast-paced and volatile. That is why all brokers claim that their software offers the minimum latency in providing real-market updates. Unfortunately, this is a very generous statement and it does not take into account the client's internet connection or his geographic location.
The client's connection to the web is obviously the most important factor regarding receiving real-market updates from the broker. It really should be the best connection that one can afford, whether it is cable, satellite or ISDN. Cable is the preferred connection, as it is more secure and offers greater bandwidth.
And then there is geography. It is common sense that Broker X who is located in Toronto can establish contact with Client A located in Montreal much faster than Client B, who is located all the way down in Mexico City. The fact is that all internet connections are affected by distance. The farther a client is away from his broker, the more delay he will receive as a result because of the physical limitations imposed on wiring. Thus, always research your broker's geographic location before selecting it as the right one for you. For best results, always choose a broker who is closer to you.

Real Estate Online Courses - What Should You Study?

You juggle many daily duties as a working professional and it may seem almost impossible to fit in education to pursue a fulfilling, lucrative career in real estate. With online distance learning, you can take real estate classes at your own time and pace rather than having to attend scheduled classes. Because distance learning is so flexible and convenient, the Washington Post reports that by 2008, one in ten students pursuing higher education will be enrolled in an online learning program.Imagine moving mountains to make money in real estate! Selling land, selling houses, listing houses for sale and determining the value of homes are a sampling of the exciting professions available in real estate. Distance learning courses are offered online in several areas of the real estate profession, such as:
Real Estate salesperson or brokers license. To sell houses, land or other real property, you need a real estate license.