A lot of people want to start trading in FOREX and be a success. If you want to be successful in FOREX, you should follow these simple rules.
Have a System. Every successful trader has his own system. That is basic philosophy in FOREX capital market trading to find unique, profitable system and to repeat it constantly. That is a big secret of many millionaires. Without system you could be impacted by unsettled conditions of ever-changing markets.
Trade Small. When you are not certain that it is a good time to trade, try to play with smaller amounts. This will give you a protection from big losses and an opportunity to test the market and discover trends. Constant successful small can bring nice gains. Risking too much money in single trade can easy jeopardize your brokerage business.
Don't Trade Too Often. Maintaining control over emotions is very important for every trader. After a successful trade you can feel that you have found a winning formula and that every other trade will bring large money. That could make you leave, already discovered winning system and try to make some risky trades. Take some time to analyze every trade.
Friday, October 16, 2009
How To Make Money with Forex
Forex is a new way to make money in the global currency market. Making money in forex is very similar to stocks. You will be provided with a list of currency pairs each is coming along with graphs which you can select and trade. The object of Forex trading is to exchange one currency for another. Currencies are always quoted in pairs, such as GBP/USD or USD/JPY. The reason they are quoted in pairs is because in every foreign exchange transaction you are simultaneously buying one currency and selling another.
Thousands of people trade on the Forex market, not only multinational corporations, governments, banks or other financial institutions but also individuals. You can easily find the basic rules and expert advice on how to make money in Forex on the internet. There are numerous online tutorials which can train you on forex trading. The proper training is the first step towards becoming successful in the forex market. It is important that anyone who is wondering how to make money in Forex seeks a professional Forex training.
The earning potential in forex is limitless, but the entire field can seem confusing to beginners. It is always preferable to start off with demo accounts. Once they gain sufficient knowledge of the field they can then use real account. Patience is the key to making money in the Forex market. With experience and a little bit of help almost anyone can make money in Forex. A lot of help is available through the software technology. There are various software tools helping you read forex charts and helping you make the right decision during Forex trading. There are many online resources that answer the question how to make money in forex.
When you buy a currency in the forex market, you are selling one currency and buying the other. You have known what currency you are betting for/against, as opposed to the stock market where you only need to know one stock. Unlike stock trading, most online forex firms don't charge commission. They make money by giving you a worse spread then they get and by charging you interest on margin. This spread is usually two or three pips.
Margins are huge in currency trading; you can easily be accepted for 200 to margin on-line. Some Forex firms will give you up to 400:1 margin. To be honest, there is very little regulation in this industry. Profits in Forex are measured in "pips" or "points." A pip is 1/1000 of dollar. Buying cheap and selling expensive or selling expensive and buying cheap is the base of making money in Forex. The question is how you can know the best time to buy and how you can know that if you buy, the price will go up and you will make a profit. There are some ways to know the optimum time to buy and sell to make money with Forex. These ways are technical analysis and fundamental analysis.
In technical analysis you analyze the price chart with the help of some special tools that are called Indicators. Forex fundamental analysis is a fundamental strategy of trading widely used by online trader of forex. This strategy contains different basic criteria that are taken into consideration during currency trading. The economic conditions in the currency native country along with a number of other factors are the obligatory elements of the fundamental analyses. There are two schools of thought like in stocks about how to make money in forex trading. On one side you have the technical, which are basically charts and other statistical methods that used to try and guess the market. On the other side you have the fundamentals, which study things like countries domestic product, interest rates, economic output. The best answer is always in the middle, using a combination of graphs and charts along with real world knowledge of political events and economic statistics to make the market more predictable for you.
Many new traders often fail to make money trading Forex because they are confused over the hundreds of indicators and Forex financial terms. With tons of data it can be difficult for new traders to see the trends and that will lead to poor trading decisions. Most new traders often lose sight of the big picture and concentrate on recent trends. They get too caught up with the latest news believing easy money is made by chance. That is not true.
Another mistake some new traders make is believing there are insider secrets or information that can make them rich. In forex market it is almost impossible to have any kind of insider information, there is no chance of even an insider secret. The first thing you need to trade is a broker. Register with any of them and they will provide you a software platform that equip with a list of currency pairs, graph, technical indicators free to use. The broker usually provides you free practices by providing virtual money for you to practice enhance your skills and teach you how ti make money with Forex trading.
Foreign exchange is a great money making opportunity for those who know their way around, for a beginner it can be quite hard. There are a lot of companies and individuals over the internet and offline willing to help you earn money from the Forex trading system but only a few of them can actually help. You will need help initially, and may take some time for you to get to know the forex trading system. To make good profits from foreign currency trading, you need to keep an eye on the foreign currency markets. You need to do your own analysis of foreign currency trading and you need to know what other people are thinking about the emerging trends in foreign currency markets. You also need to keep track of the news items that could move the foreign currency markets.
Now that you have the basics on how to make money with Forex trading you are ready to take the next step. If you still are not comfortable enough to invest there are plenty of online courses to help improve your skills. Now is the time to start making your wealth!
Thousands of people trade on the Forex market, not only multinational corporations, governments, banks or other financial institutions but also individuals. You can easily find the basic rules and expert advice on how to make money in Forex on the internet. There are numerous online tutorials which can train you on forex trading. The proper training is the first step towards becoming successful in the forex market. It is important that anyone who is wondering how to make money in Forex seeks a professional Forex training.
The earning potential in forex is limitless, but the entire field can seem confusing to beginners. It is always preferable to start off with demo accounts. Once they gain sufficient knowledge of the field they can then use real account. Patience is the key to making money in the Forex market. With experience and a little bit of help almost anyone can make money in Forex. A lot of help is available through the software technology. There are various software tools helping you read forex charts and helping you make the right decision during Forex trading. There are many online resources that answer the question how to make money in forex.
When you buy a currency in the forex market, you are selling one currency and buying the other. You have known what currency you are betting for/against, as opposed to the stock market where you only need to know one stock. Unlike stock trading, most online forex firms don't charge commission. They make money by giving you a worse spread then they get and by charging you interest on margin. This spread is usually two or three pips.
Margins are huge in currency trading; you can easily be accepted for 200 to margin on-line. Some Forex firms will give you up to 400:1 margin. To be honest, there is very little regulation in this industry. Profits in Forex are measured in "pips" or "points." A pip is 1/1000 of dollar. Buying cheap and selling expensive or selling expensive and buying cheap is the base of making money in Forex. The question is how you can know the best time to buy and how you can know that if you buy, the price will go up and you will make a profit. There are some ways to know the optimum time to buy and sell to make money with Forex. These ways are technical analysis and fundamental analysis.
In technical analysis you analyze the price chart with the help of some special tools that are called Indicators. Forex fundamental analysis is a fundamental strategy of trading widely used by online trader of forex. This strategy contains different basic criteria that are taken into consideration during currency trading. The economic conditions in the currency native country along with a number of other factors are the obligatory elements of the fundamental analyses. There are two schools of thought like in stocks about how to make money in forex trading. On one side you have the technical, which are basically charts and other statistical methods that used to try and guess the market. On the other side you have the fundamentals, which study things like countries domestic product, interest rates, economic output. The best answer is always in the middle, using a combination of graphs and charts along with real world knowledge of political events and economic statistics to make the market more predictable for you.
Many new traders often fail to make money trading Forex because they are confused over the hundreds of indicators and Forex financial terms. With tons of data it can be difficult for new traders to see the trends and that will lead to poor trading decisions. Most new traders often lose sight of the big picture and concentrate on recent trends. They get too caught up with the latest news believing easy money is made by chance. That is not true.
Another mistake some new traders make is believing there are insider secrets or information that can make them rich. In forex market it is almost impossible to have any kind of insider information, there is no chance of even an insider secret. The first thing you need to trade is a broker. Register with any of them and they will provide you a software platform that equip with a list of currency pairs, graph, technical indicators free to use. The broker usually provides you free practices by providing virtual money for you to practice enhance your skills and teach you how ti make money with Forex trading.
Foreign exchange is a great money making opportunity for those who know their way around, for a beginner it can be quite hard. There are a lot of companies and individuals over the internet and offline willing to help you earn money from the Forex trading system but only a few of them can actually help. You will need help initially, and may take some time for you to get to know the forex trading system. To make good profits from foreign currency trading, you need to keep an eye on the foreign currency markets. You need to do your own analysis of foreign currency trading and you need to know what other people are thinking about the emerging trends in foreign currency markets. You also need to keep track of the news items that could move the foreign currency markets.
Now that you have the basics on how to make money with Forex trading you are ready to take the next step. If you still are not comfortable enough to invest there are plenty of online courses to help improve your skills. Now is the time to start making your wealth!
Wednesday, October 14, 2009
Starting Out: Begin Funding for Your Financial Security
Congratulations! You've graduated from school and landed a job. Your salary, however, is limited, and you don't have much money (if any) left at the end of the month. So where can you find money to save? And, once you find it, where should this cash go?
Here are some ways to help free up the money you need for current expenses, financial protection, and future investments -- all without pushing the panic button.
For most young adults, paying down debt is the first step toward freeing up cash for the financial protection they need. If you're spending more than you make, think about areas where you can cut back. Don't rule out getting a less expensive apartment, roommates, or trading in a more expensive car for a secondhand model. Other expenses that could be trimmed include dining out, entertainment, and vacations.
If you owe balances on high-rate credit cards, look into obtaining a low-interest credit card or bank loan and transferring your existing balances. Then plan to pay as much as you can each month to reduce the total balance, and try to avoid adding new charges.
If you have student loans, there's also help to make paying them back easier. You may be eligible to reduce these payments if you qualify for the Federal Direct Consolidation Loan program. Though the program would lengthen the payment time somewhat, it could also free up extra cash each month to apply to your higher-interest consumer debt. The program can be reached at 07060910268
How would you pay the bills if your paychecks suddenly stopped? That's when you turn to insurance and personal savings -- two items you should "buy" before considering future big-ticket purchases.
Health insurance is your first priority, as hospital stays can be extremely costly. If you're not covered under a group plan, see if you can join any trade associations, which often offer group-rate policies. Otherwise, start obtaining quotes on individual policies by calling the major insurers in your state.
Life insurance is the next logical step, but may only be a concern if you have dependents. In fact, at the age of 25 you're statistically more likely to become disabled than to die prematurely, according to a 2004 report funded by the nonprofit Actuarial Foundation. Disability insurance will replace a portion of your income if you can't work for an extended period due to illness or injury. If you can't get this through your employer, call individual insurance companies to compare rates.
If you should ever become disabled or lose your job, you'll also need savings to fall back on until paychecks start up again. Try to save at least three months' worth of living expenses in an easy-to-access "liquid" account, which includes a checking or savings account. Saving up emergency cash is easier if your financial institution has an automatic payroll savings plan. These plans automatically transfer a designated amount of your salary each pay period -- before you see your paycheck -- directly into your account.
To get the best rate on your liquid savings, look into putting part of this nest egg into money-market funds. Money-market funds invest in Treasury bills, short-term corporate loans, and other low-risk instruments that typically pay higher returns than savings accounts. These funds strive to maintain a stable $1 per share value, but unlike FDIC-insured bank accounts, can't guarantee they won't lose money.
Some money-market funds may require a minimum initial investment of $1,000 or more. If so, you'll need to build some savings first. Once you do, you can get an idea of what the top-earning money market funds are paying by referring to imoneynet.com, which publishes current yields. Many newspapers also publish yields on a regular basis.
So what are you waiting for.
Here are some ways to help free up the money you need for current expenses, financial protection, and future investments -- all without pushing the panic button.
For most young adults, paying down debt is the first step toward freeing up cash for the financial protection they need. If you're spending more than you make, think about areas where you can cut back. Don't rule out getting a less expensive apartment, roommates, or trading in a more expensive car for a secondhand model. Other expenses that could be trimmed include dining out, entertainment, and vacations.
If you owe balances on high-rate credit cards, look into obtaining a low-interest credit card or bank loan and transferring your existing balances. Then plan to pay as much as you can each month to reduce the total balance, and try to avoid adding new charges.
If you have student loans, there's also help to make paying them back easier. You may be eligible to reduce these payments if you qualify for the Federal Direct Consolidation Loan program. Though the program would lengthen the payment time somewhat, it could also free up extra cash each month to apply to your higher-interest consumer debt. The program can be reached at 07060910268
How would you pay the bills if your paychecks suddenly stopped? That's when you turn to insurance and personal savings -- two items you should "buy" before considering future big-ticket purchases.
Health insurance is your first priority, as hospital stays can be extremely costly. If you're not covered under a group plan, see if you can join any trade associations, which often offer group-rate policies. Otherwise, start obtaining quotes on individual policies by calling the major insurers in your state.
Life insurance is the next logical step, but may only be a concern if you have dependents. In fact, at the age of 25 you're statistically more likely to become disabled than to die prematurely, according to a 2004 report funded by the nonprofit Actuarial Foundation. Disability insurance will replace a portion of your income if you can't work for an extended period due to illness or injury. If you can't get this through your employer, call individual insurance companies to compare rates.
If you should ever become disabled or lose your job, you'll also need savings to fall back on until paychecks start up again. Try to save at least three months' worth of living expenses in an easy-to-access "liquid" account, which includes a checking or savings account. Saving up emergency cash is easier if your financial institution has an automatic payroll savings plan. These plans automatically transfer a designated amount of your salary each pay period -- before you see your paycheck -- directly into your account.
To get the best rate on your liquid savings, look into putting part of this nest egg into money-market funds. Money-market funds invest in Treasury bills, short-term corporate loans, and other low-risk instruments that typically pay higher returns than savings accounts. These funds strive to maintain a stable $1 per share value, but unlike FDIC-insured bank accounts, can't guarantee they won't lose money.
Some money-market funds may require a minimum initial investment of $1,000 or more. If so, you'll need to build some savings first. Once you do, you can get an idea of what the top-earning money market funds are paying by referring to imoneynet.com, which publishes current yields. Many newspapers also publish yields on a regular basis.
So what are you waiting for.
Sunday, September 27, 2009
THE SUCCESSFUL RELATIONSHIP SECRETS
The rate of delays in marriages in the world today is very high. Very many singles experience delayed in marriage. Many don’t have would-be spouses. Some call off their relationships before marriage. And some people break up their relationships after official marriage engagement. Amongst the married, we also have a very rate of separation and divorce in the world today. Some countries have a divorce rate of over sixty percent divorce rate. Nigeria has a divorce rate of over fifty-three percent. It bothers me that the divorce rate in Nigeria is high. But what bothers me most is that majority of the forty-three percent that are not yet divorced are suffering in their marriage. Since there is no perfect relationship because there is no perfect people. Many are frustrated and unhappy in their marriages. And the divorce rate increases with each new day.
The questions now are:
Why is it that some experience delay in marriages and disappointment? while some get married without stress?
Why is it that some brothers & sisters have several suitors while some don’t have any at all?
Why is it that some relationships end up before marriage while some relationships end up in marriage?
Why is it that some married people suffer unhappiness, frustrations, disappointments, separations, and divorce in their marriage while some enjoy their marriages?
Observations
Attitude – your attitude before marriage we tell of how you will be after marriage.
Physical appearance – is very important too, because first impression last long.
Social status – your relation with people, how you talk, eat and handle matters around you will tells on who you will be.
Good senses of human- express how caring you are & your concerns for others.
Without any iota of doubt, I want you to know that there are secrets to success in relationship. Success in relationships doesn’t come by accident. The knowledge that is required to have success in marriage relationships is hidden. It is a secret. And the bible calls it mystery. Eph 5:31-32 ...... 31 "For this reason a man will leave his father and mother and be united to his wife and the two will become one flesh." 32 This is a profound mystery — but I am talking about Christ and the church.
The bible passage above did not only say that marriage is mystery, it says that marriage is a great mystery. That means that the required knowledge that will solve the marital problems in the world is a deep secret. To succeed in your relationship, you need to discover relationship secrets. When a single discovers relationship secrets, not only will the person be empowered to encounter his or her right spouse, his or her relationship will blossom and end up in marriage. When a married person learns relationship secrets, his or her marriage will become blissful. Knowledge of the relationship secrets also has the capacity to reconcile a broken marriage.
Knowledge is power! When you acquire the right knowledge, you will be empowered to achieve what you cannot ordinarily achieve.
The questions now are:
Why is it that some experience delay in marriages and disappointment? while some get married without stress?
Why is it that some brothers & sisters have several suitors while some don’t have any at all?
Why is it that some relationships end up before marriage while some relationships end up in marriage?
Why is it that some married people suffer unhappiness, frustrations, disappointments, separations, and divorce in their marriage while some enjoy their marriages?
Observations
Attitude – your attitude before marriage we tell of how you will be after marriage.
Physical appearance – is very important too, because first impression last long.
Social status – your relation with people, how you talk, eat and handle matters around you will tells on who you will be.
Good senses of human- express how caring you are & your concerns for others.
Without any iota of doubt, I want you to know that there are secrets to success in relationship. Success in relationships doesn’t come by accident. The knowledge that is required to have success in marriage relationships is hidden. It is a secret. And the bible calls it mystery. Eph 5:31-32 ...... 31 "For this reason a man will leave his father and mother and be united to his wife and the two will become one flesh." 32 This is a profound mystery — but I am talking about Christ and the church.
The bible passage above did not only say that marriage is mystery, it says that marriage is a great mystery. That means that the required knowledge that will solve the marital problems in the world is a deep secret. To succeed in your relationship, you need to discover relationship secrets. When a single discovers relationship secrets, not only will the person be empowered to encounter his or her right spouse, his or her relationship will blossom and end up in marriage. When a married person learns relationship secrets, his or her marriage will become blissful. Knowledge of the relationship secrets also has the capacity to reconcile a broken marriage.
Knowledge is power! When you acquire the right knowledge, you will be empowered to achieve what you cannot ordinarily achieve.
Thursday, September 17, 2009
On a wedding day.
PASTOR: "If there is anybody here that does not want this couple to be joined together in holy matrimony, he or she should speak out now." A man from the extreme of the church stood up and walked towards the altar. As the bride saw the man coming closer, she fainted. The bridegroom and the whole congregation were in confusion. When the man got to the front, the pastor asked, "Why don't you want these people to be joined together?"
Man: "I could not hear your voice clearly from the back sir, so I decided to come and tell you that the loudspeaker at the back is faulty!!!!
Man: "I could not hear your voice clearly from the back sir, so I decided to come and tell you that the loudspeaker at the back is faulty!!!!
Wednesday, September 16, 2009
Who am i
. Who are you?
2. Are we friends?
3. When and how did we meet?
4. Give me a nickname and explain why you picked it.
5. Describe me in one word.
6. What was your first impression?
7. Do you still think that way about me now?
8. Do you enjoy your time with me?
9. What reminds you of me?
10. If you could give me anything what would it be?
11. How well do you know me?
12. When's the last time you saw me?
13.How much you will pay to see me again?
14. Ever wanted to tell me something but couldn't?
15. Did feel anytime that I'm scary or nerdy?
16. Do you know my favourite color, actor , actress and hobby??
17 What do you like of me and my personality?
18. What is the VERY moment you want to share again?
19. What is my favourite type of movies, action , romance ......
20 How much you love me?
21. Would you have sex with me!?
22. Am i a good kisser!?
23. If you havent kissed me, Would you!?
2. Are we friends?
3. When and how did we meet?
4. Give me a nickname and explain why you picked it.
5. Describe me in one word.
6. What was your first impression?
7. Do you still think that way about me now?
8. Do you enjoy your time with me?
9. What reminds you of me?
10. If you could give me anything what would it be?
11. How well do you know me?
12. When's the last time you saw me?
13.How much you will pay to see me again?
14. Ever wanted to tell me something but couldn't?
15. Did feel anytime that I'm scary or nerdy?
16. Do you know my favourite color, actor , actress and hobby??
17 What do you like of me and my personality?
18. What is the VERY moment you want to share again?
19. What is my favourite type of movies, action , romance ......
20 How much you love me?
21. Would you have sex with me!?
22. Am i a good kisser!?
23. If you havent kissed me, Would you!?
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