How to Use Your Poker Skills In Trading

By Rick Amorey

All financial investments have risks; this much is true. About ninety percent of people who go into trading will end up losing money. So what is it exactly that you're doing wrong? Simply put, these people do not have a good perspective of the situation. In a way, going into investments is kind of like playing poker.

My theory is thus; the game of poker is a good simulation of the investment world, and the correct strategies in winning, or getting to the endgame, at least, is similar in both cases. I admit that this may sound a bit nontraditional, but do hear me out.

When playing poker, you will not get very far if you just hold back, wait for the right hand, and then invest all of your chips in that one good hand. For one thing, even the best hands have a level of risk attributed to it, so you may still end up losing all your chips in one go. For another, going all in, guns blazing, will only result in a small yield of extra chips.

But betting like mad on every hand that you get is not a good idea, either. In fact, do this and you aren't very bright. Constantly exposing the majority of your chips to high risk will only lead to a sudden burnout; you'll be off the game before anyone else, losing all your chips in a few fell swoops.

What is the right way to play poker, you may ask? Anyone who plays the game will learn quickly that getting ahead in poker takes a lot more than just looking at your own hand and chips. It takes getting a good feel for the hands and chips of the other players around the table. Once you have a good feel of the table, you'll realize that you can't bet all your chips in one single good hand. Put your chips in little by little, spreading out your chips to good, but not necessarily great plays.

In conclusion, these same principles will apply to trading. The game table is the market, and how it affects your investments. You'll also avoid having all of your capital on one investment; if it is spread out in many decent deals, then if one crashes, it wouldn't be as devastating. - 23196

About the Author:

Do not fall for get-rich-quick schemes that are rampant on the Internet! With Emini Trading as your guide, you will learn a disciplined, solid methodology that will get you to consistently earn more and more with trading. Join the Emini Trading System now!

Careful Steps in Investing

By Rick Amorey

Everyone wants to find the best way to make large profits and sums of money. I mean, who doesn't want to be rich? There are various ways to invest for any given individual; as each will have different preferences depending on how much risk they're willing to take as well as the rewards. Stocks and bonds are one such investment, as well as real estate. Having your own business is also an investment.

When one thinks of making an investment, though, the stock market is the first thing that pops into their minds. An investment of this type involves buying stocks and trading mutual funds. You make a profit by buying low and selling high. Obviously, there's a lot of patience involved while you wait for your stocks to rise in value. Make sure you know what you're doing; for if not, you're going to end up losing a lot of money.

It's important to have discipline, thus, when one is going to make an investment. Don't invest willy-nilly; study the markets carefully so you have a good general understanding of the factors that may affect your stocks. It's also a good investment to put aside an amount of money each month. Disregard that little unnecessary something if you can; little expenses add up, and you can always get back to them when the money comes in.

Also, don't forget to look at the fine print whenever you invest. Reduce or avoid investments where you have to pay sales commissions; this will reduce the amount that you are actually investing, which will mean a reduction of actual profit for your part.

Investing can be a fun way to use your savings, and done wisely, you'll get really good yields with it too. And by investing every month, it will just continue to grow and will support you well into your senior years. You just have to make your decisions carefully, and above all, be patient. - 23196

About the Author:

Rick Amorey does not advice you to go for get-rich-quick schemes that are rampant on the Internet! With Emini Trading as your guide, you will learn a sound, well-built plan to slowly but consistently earn more and more with trading. Join the Emini Trading System now!

Seasonality in Forex Markets

By Hass67

Most forex traders analyze and predict the future direction of currencies using fundamental or technical analysis. The craftier among them use the combination of both to predict direction of forex markets.

Fundamental analysis studies the long term effect of economic forces on currency markets whether financial or socio political using various economic indicators. Technical analysis is based on the premise that all available information is already compounded into the prices and the future prices can be predicted based on past prices.

There is something known as, The January Effect. Many stock traders must be familiar with this term. This effect is based on a simple observation that during the last day of December and the fifth trading day in January stock prices tend to rally.

The explanation of the January Effect is simple. During the last few days of the year, many investors are concerned about their tax returns. They try to realize capital gains or losses to file their tax returns. Many corporations also use the end of the year to face lift their balance sheets favorably at the end of the year.

Now the interesting fact is that seasonality is not common to the stock markets. Forex markets also show seasonal effects. Seasonality is defined as a trend or pattern that occurs at some particular part of the year.

The January Effect also takes place in forex markets because most of the investors who are liquidating their stock positions try to convert their local currencies into dollars at that time.

However, the January Effect is more pronounced in certain currency pairs as compared to others. For example, dollar shows pronounced January Effect against some currencies but not other. The Summer Effect also takes place when dollar shows a summer seasonality when it tends to rise in USD/JPY and USD/CAD in the beginning of July and give back its gains by August.

There are many other seasonal patterns in currency pairs. However, it does not mean that you should believe in these effects blindly. Just keep them in your mind when trading.

Seasonality in currency pairs only means that there is a strong probability that during a particular time of the year, the chances of a particular currency pair going up or down are high.

In certain years, the effect may be pronounced. Just remember that many economic forces play a role in effecting the currencies so in other years, the seasonal effects may not be so pronounced. As a forex trader, you only need to understand these seasonal effects while trading during that time of the year. - 23196

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading; stocks and forex. Read about Trend Forex System. Best Forex Signal Service. Learn Forex Trading.

Reviews of Forex Products

By Vencapllc

Forecasttrader is a phenominal product that stood out while reviewing forex trading sites. We have reviwed other forex products that will complement your forex market information. Pairing these different products will optimize your ability to trade, and be extremely successfull at it. The Forecasttrader is a site where you can trade online and have the best information available. This will reduce your risk by putting yourself in the best position possible, to beat the Martket. We at theforexreviewsite.com feel like if you want to trade this is the product that will bring you success and take you to a place of financial independence. Come to theforexreviewsite.com to find the information you need to get the right forex products.

Forecasttrader outpaces the competition by boasting live trading results not the backtestings you see in most sites. The site also covers the market well " offering 10 major currency pairs with 7 majors and 3 crosses. Transactions are guaranteed safe with the site boasting of encryption features to secure payments. One of the surefire ways we rely on to determine if a site is legit is to look at the payment processer that a vendor uses. This site uses Clickbank " and that gives us a vote of confidence.

All we ever wanted to know about the site, its features and services were well-covered in the FAQs section. We noted, thru the FAQs, that forecasts are posted on Fridays and or Saturdays. An experienced trader knows this is ample time to prepare for the succeeding weeks trading activities. We unanimously agree that the $4.95 price for a 7-day trial is a bargain.

We find Forecasttrader meeting all our expectations for an online forex trading site. An excellent five out of five experience for us. - 23196

About the Author:

When you purchase any Forex Trading software online, make sure you check out Theforexreviewsite.com

FX Reports

By Carlo S

Based in Canada and newly established, FxReports is one of the new forex trading sites we included in this review. FxReports was established in July 2007.

For a trial period of 15 days at a cost of a $4.95 subscription, a subscriber gets to open a demo account. Almost similar to a real account except that it is at no cost to the subscriber. The user gets firsthand experience on how trades are done with no real money involved. A demo gives the subscriber a feel of forex transactions in the market.

A paying user is also granted access to the sites training resources and video vault.

FxReports main product is its forex trading software - Excalibur V 2.25. Touted by the site as The Automated Managed Account Trading System, Excalibur claims a constant profit factor of100 plus pips in a month.

Excalibur trades on all currencies and on the American and European markets. The program can run on accounts with $1,000. What the software does is that it trades on its own automatically relying on 40,000 hours of testing and a regularly updated database. The program has the ability to modify trades to maximize profits. Excalibur is also claimed to have consistency and the ability to manage trade lots sizes according to the current balance. - 23196

About the Author:

Read detailed reviews & find new Forex products! Prior to purchaseing visit Theforexreviewsite.com