There has been a lot of talk about futures trading and how much it can benefit a person. For an unknown quantity in the online financial market, it has made some bold statements that include "helping to eliminate all your financial troubles". This is not the first time that such statements have been claimed by various websites online and I'm sure we all know the amount of truth that lye's in them. For this reason we have taken the time to carefully examine and test futures trading to see whether or not it is the real deal or just another scam waiting to rip you off from your money.
Before we go into the details of what we found in regards to futures trading, it is important to understand what futures are all about. The same principal that one would follow in terms of investing in stocks and shares also applies here. In this form of trading the key to success lye's in predicting the correct direction in which the direction flows. Now you may be asking yourself, if stocks and shares offer the same thing, then what is the major difference that makes it so profitable? The key difference is the markets that are being offered by this form of trading. The commodities offered in terms of markets of investment are very unique and you would not expect to see any person investing money in such categories. Some of these commodities include currency, wheat, beef, oil, gold and steel. Some of these may sound like good options such as oil and gold but you may question the…
There are many elements associated with online trading and whilst it is not for everyone, it's a great deal more simple than many financial advisors would have you think, particularly if you have access to the right, trustworthy information from acknowledged expert sources. The wrong information could cost you a great deal, so it's worth making sure you get it right.
If you are a first time trader just getting into the market place with buying and selling stocks you should be cautious with using online trading. You may first want to begin with person to person contact on the phone and a broker who can teach you the fundamentals of trading until you are comfortable doing trading by yourself. Always 'shop around' until you find a broker that you're comfortable with.
You should try to learn all you can about how the markets work and the language and terminology of trading stocks. You may also wish to talk with a financial planner who can offer you advice about your financial goals and objectives (although first check what gurus like Mark Shipman have to say about this!). The smart investor will have a working knowledge of the markets before you attempt to do any online trading. Get a good book list and read them! You will also need to have an online trading guide to help you through the process of learning the essentials of trading from a computer every day – a decent brokerage company should provide you with this.
As a general rule there are advantages to…
It's simply simple to make money if you are prepared and quite committed enough to go the distance, however you do have loads of individuals that have convinced themselves that they'll never be able to operate a business based at home. Some have had the misfortune of being deceived out of their money by some websites, after being sold the promise to work from home. Part of their policy is that potential employees pay a deposit upfront, after which the information on how to make money on the internet is sent out.
My advice is that you should not hand your money to any of these websites, these individuals are scam artists and are prepared to rob you of your hard earned money. No reputable business that's offering the opportunity to work from home, will ask for money upfront, this is the normal practice in all other areas, and rings true for most businesses on the web. Do your research and quite possibly you will locate loads of sites that offer the possibility to Make Money on Internet. What you get paid is very much dependent on the type of work that you'll be doing, if all you're just doing is completing online surveys, then do not expect to make a lot of money. But even with these, they sometimes pay more than a 9-5 job.
As a matter of fact, many companies have been hit hard by the global financial meltdown and desire to cut their operating costs, this is done by getting rid of some of their permanent employees. This will come as a shock to many but did you…
Source by Mark Hezekiah Bailey
Understanding the market cycles and how to trade them is critical to succeed as a trader.
What are market cycles?
The market is made up of three major market cycles and your ability to recognize and adapt to the current cycle will significantly increase your probability for profits. Regardless of what market you are trading or investing, the market can only move in one of these three cycles.
The Three Market Cycles Are:
The consolidation cycle has several looks with a parallel line of bars on a chart staying within support and resistance being the most common one. A "flag" is also another for short-term consolidation. Moving rates or other indicators will help you determine whether the market is consolidating or trending.
Tip: If you are using a moving average as your indicator, the line will almost be horizontal when the market is consolidating. you can trade the support and resistance line to make profits in a consolidating market.
A breakout of the consolidation happens when you have a few bars either at support or resistance of the price and then the price sharply breaks out to make a new high or low.
After a breakout, usually a trend develops with the market moving in the direction of the breakout, whether it's up or down.
Although most traders like to trade trends, the bad news is that currency prices do not move in one direction consistently making identifying up or down trends a form of an art.
Robot trading programs are a great asset to professional forex traders and the only realistic way that most new traders will ever make a profit but why is that? Forex trading robots are unlike any other trading systems because the markets they operate in are so different from others.
Stock prices can go up and stay up, Interest rates are the same way, ditto for bonds. Most other investments are linear. Their direction of movement usually dictates what the larger trend will be. That's why Martingale strategy – Where you double up after each loss fails miserably with other investments but works almost magically with Forex.
Currency prices as a normal course of business ratchet up and down fairly regularly. So double up, cashout, double up, double up, cashout works fairly regularly in Forex. Professionals do not have to play the Forex markets in this manner because they are often privy to information and data feeds that you will never see. They can make long term bets on the strength or weakness of a currency because they often have a view of the 'Big Picture'. You will not.
A pro trader will easily out trade any robot. They have technology, experience and exclusive inside information on their side but there is an equalizer. It's technology. A robot trader programmed with proper strategy can almost Brute-Force their way to profits because it's constantly in the market 100% of the time lurking and waiting to pounce.
Forex is 5.5 days per week, 24 hours…
Source by Jarvis McCrary
When I was looking for a Forex robot, some suggested looking up the Forex robot world cup. On the Internet, I read that there are many people who are making thousands of dollars with the frwc royal trader's robot. People are making a lot of money using this software. It has proved to be a great hit with people. May be the reason for this is the transparency angle to it.
The robot world cup was first initiated to the purpose of discovering the best non-commercial FX robot around in the course of a contest based on firm and transparent rules. They want only those used by the developers to compete in the competition. With the prize money of $ 100,000 there were hundreds of independent software developers who took part. Finally in this competition only those
robots provided in real time remained.
In the last phase, only 24 FX robots remained in the competition. It had been seen that although many were touted to be the best, they failed to live up to the expectations. They did not deliver in practice what they promised. Therefore, in the end only a few remained. This way the traders are now waiting for the 156.91% EA that will soon be into the market. It is the best
robot that will help you make consistent profit in the Foreign exchange market. The traders trading in this software will reap bonuses and benefits from the sale. The frcw royal traders are now offered by many affiliates at the same price.
Source by Rocky Wilson
This is a preliminary review of the No Loss Robot.
Ok. So that sounds like a bunch of BS! Everyone knows that there is no such thing as 100% success rate, right? Not even the boldest of
robots has claimed a 100% ROI!
Along comes something called the No Loss
Here's a quote straight from their website:
Our robot is the only one out there that can claim it is a No Loss Robot (TM). It promises no losing trades on your Forex account, period.
Alright, I'll bite. This sounds interesting if not for the fact that it's a REALLY BOLD claim! And one that can be easily proven or disproven. Just one losing trade and you can get a refund!
One of the concepts that this robot uses in determining a winning trade seems to be the technique of using multiple time frames. Have you ever tried to trade with your naked eye on multiple time frames? On multiple currency pairs? IT CAN DRIVE YOU MAD! Let alone the necessity to have multiple monitors and dozens of charts open at the same time!
But if you can successfully trade on multiple time frames WITH GREAT DISCIPLINE as it takes great patience to identify a good trade, then you should know that it is one of the most successful ways to trade. Unfortunately, none of us have the patience of Gandhi to trade this way. Literally, it can take MONTHS just to identify ONE good trade if you follow rules strictly. Which means waiting until ALL time frames from 5 minutes to a month to all agree on the trend…
Source by Markus Gee
When you decide to open a small business loan, sometimes you will not have to pay that much money and you can afford to do it out of your pocket. But, there will be many instances when you need some additional funding to open your business. This is when you will have to apply for a small business loan in order to get your business going.
There are many instances when you would have to try to get a small business loan to start yourself off. There are many businesses that require equipment and even stores to start out. This can be pretty common. For example, if you start a hair salon or a small store, you will have to take out a small business loan to get started.
Usually, if a person is opening a small business, the amount that is initially needed will be affordable enough to come out of pocket or a savings. But, some people need more than that or do not want to cut into their savings to start their business. If this is the case, you can get the money you need in the form of a loan.
Small business loans are a lot more in amount than a regular loan. They can run anywhere from about $ 1,000 of additional funding to about one hundred times that amount. It may be even more if you have the means of obtaining that kind of loan from a bank or a financial establishment.
Applying for a small business loan is a little different than applying for a personal loan or an auto loan. Instead of operating on solely your credit score, you will have to provide collateral…
As a panel member, having sat on a number of oral boards and having worked with hundreds of officers at improving their interview performance, I found there are distinct commonalities that individually or collectively can take points away from their scored performance. Examine the following list and let it serve as the “what not to do” during your oral interview. Your goal is to score as high as possible, but what good is it if you take two steps forward and then make common mistakes that force you two steps back, or even worse… three steps back? Half the battle after gaining points in an interview is to know how not to lose them. Test well!
1. Lacks energy, interest, or personality; is physically robotic.
2. Interest in promotion is for wrong reasons (money only, going to change everything, going to show others how to do it right, etc.)
3. Offers criticism of existing organizational command staff or competition.
4. Maintains unusual or inappropriate facial expressions (rolling the eyes, mouth hanging open, no eye contact, grinding teeth, etc.)
5. Provides a limp, weak, wet-fish handshake; a sweat drenched palm; a bone-crushing vice-grip handshake; or a half-hand handshake.
6. Demonstrates uncertainty; inability to make a decision or commitment; or cannot assume the role being tested for.
7. Gives one sentence or single word answers (topical, cosmetic, no depth).
8. No prepared opening statement or a closing statement that consists only of, “Thank you for your time.”
9. Having an…
Experienced traders are familiar with emini futures or eminis as they call them. Eminis have been in the market for a long time. They are not as large as ‘full-grown’ futures that are traded on at stock exchanges. Eminis, on the other hand are traded on the internet.
This permits retail traders to compete against professional traders at the stock exchange, without having to leave the comfort of their homes. Only forex trading can give a trader more benefits than futures trading. Of course, inexperienced traders are at greater risk of losing heavily when dealing with futures or forex trading. But this has not deterred people from trading in either of these markets.
Though trading eminis is not a simple and easy process, a dedicated trader can acquire the skill with experience. Trading rules which apply to stocks and bonds also apply to eminis. Following these basic rules is extremely important when trading with eminis because of the enormous leverage it offers.
Failure to do this will certainly result in wiping away one’s trading account within a short time. One of these rules is that you should ‘let your profits run’. Another rule insists that you must ‘cut your losses short’. This pair of rules makes a very sensible combination and provides for sensible trading.
The second rule, asking you to cut your losses short is of greater importance than the first which demands that you let your profits run. You may wonder why this should be so. It is so because if you do not cut your…
Source by John L Cruz