Forex Trading Tips - Make a Massive Income With No Prior Experience!

By Raymond Williams

There are many Forex trading methods sold online and they all offer a large regular profits with no earlier dealing skills - so which systems can do this and which can't? Lets search out.

If you look online the amount of Forex robots or Professional counselors, offering large gains for a hundred dollars or so is staggering - if you want to know which will lead you to victory the reply is none of them. We will view at how to win in an instant but here are some tips you should consider when looking at these get rich quick schemes.

1. None of these methods present independent outcome, of gains audited by a third group. You simply get simulation going backwards (not actual money) or facts from the dealer with no independent audit.

2. If it was truly achievable to make the gains these methods claim (always better than the world's top dealers) with so little draw down, these traders on multi-million pound budget, would be sacked but this hasn't occurred.

3. Most methods state to be efficient to forecast prices in advance by using mathematics but markets don't move to mathematics! You are dealing in probabilities, NOT certainties and no one can predict what will occur with arithmetical certainty in a bazaars made by humans.

4. Do you really think you can make yourself wealthy by paying a hundred dollars and making no attempt? Think about and then think it in light of the next fact:

95% of dealers lose money in Forex trading!

If it were as simple as the sellers of these methods assert more people would winbut they don't.

If you want to win you should do some work and learn what your doing, get assurance and then you can trade. Forex is a learned talent and you have to make some effort but for the effort you have to put in, the rewards can be life changing. - 23196

About the Author:

Forget anything you thought you knew about forex. This blog Forex Time Machine removes all the current myths and gives it to you straight.

Money Management Can Make Or Break You

By Maclin Vestor

Many people have been through it all, they've lost money and made money in stocks, they've lost and made money in poker, and they've lost and made money in options, and they've even lost money and made money in gold. Ultimately the one thing that can make or break you is Money Management. It is what separates the winners from the losers and the haves from the have-nots. What do people that go through those experiences ultimately learn from?

The rookies are always looking for the penny stock, the hot tip, the day trading, the options, or something that can make them rich quick. They are essentially looking for that lotto ticket in hopes they can put all their money in and have it pay off. The experts are focusing on protecting what they have, even if they're just starting and it's just a little bit. Although experts often use trading and investment systems, the fact is that it almost doesn't matter at all how good the method is, if you cannot manage your money well. In stocks although people who can read financial statements and charts, and understand if a stock is likely to go up, or do back testing on certain method and estimate a probability that stocks using that method went up in the past, it is difficult to pin point the exact odds. That makes managing your money more difficult. However, just because you can't know the exact probability, doesn't mean you can't use past results to estimate a probability range, and manage your money well. Lets just assume for a while that you could know the exact probabilities. If you know that you will win 3 times as much as you lose when you win, and you know that the win will take place half the time, do you know for sure that you will make money in the long run?

This is a trick question, you can never know with certainty that you will make money, but is it probable? Again, that still depends. How can this be? It's easy to say that if you invest $100, you will turn it into $200 (gaining $100) half the time, and you will lose $33 the other half, that in 100 one hundred dollar investments you can expect to make $5000, lose $1667 and net $3333. However, this fails to take into account how likely you are to be able to afford the $1667 in losses and maintain that $100 investment every time out of 100 times.

In other words, the $3333 net gain is theoretical, and takes absolute no consideration on how likely you are to be able to afford those 100 investments. What if you only had $100 and you bet it all, you have a 50% chance that you lose $33 of that 1000... what then? You can't simply make another $100 investment, So instead you have to make a $66 investment, now your win will be significantly less. If you lose yet again it will become even more difficult to get back to even. Although on paper this is a good investment, it is not a good investment without proper money management. You may have built a very safe car that drives straight, but if you are a bad driver you still could crash.

Unfortunately many people don't learn how to drive their financial investment vehicles, and instead rely on money managers, financial advisors, mutual fund owners, and company CEOs to do everything for them. This isn't a bad thing for those unable or unwilling to learn. However, the risk is not only that these people won't manage your money well, and not only that if they do, you still may pay them so much in fees and expenses that it's not profitable, but also that by handing the keys to your investment vehicle over to someone else, you lose control and you fail to learn anything. Although you may accomplish your goals with the help of these people, you also could do this yourself with a good trading system that uses good money management. - 23196

About the Author:

Maclin Vestor teaches about variousstock trading systems and soon will teach you aboutforex trading systems in addition to stock trading.

Finding Buyers For REO Deals

By Jerome Pennix

The process is a long one after a home is foreclosed by the bank. The banks take weeks if not months after foreclosure to get their paperwork together, do evictions and minor clean up and make the assignments to the real estate brokers who they have hired to handle their properties. But the time of clean up and eviction is not a problem for the savvy investor, it is an opportunity to round up buyers so that these properties sell almost immediately as you get them under contract.

REOGoldMiner.com is the best site to research and valuate these REO deals. In order to turn these deals into money, we recommend an investor begin the process of rounding up buyers as soon as the house is under contract. Videos, photos and massive emails are a few ways to attract your potential buyers.

Whenever you advertise your deals use photos or better yet video. Ill get to more video in a moment. This seems to get the buyer serious before they come to the property. Even for buyers of a 100K property, they like to see pictures and it helps the buyer make an emotional connection. Investors and the individual buyer now search the internet to find properties that they can get excited about buying. It is very important to give them enough information to make a decision.

Another effective tool REOGoldMiner.com recommends is videoing the house. Taking video has expanded on the process for purchasers when they are searching the internet. If you can show the buyer the house in detail by exposing the floor plan that photos can not, then the buyer can form a more qualified opinion on what they need to examine when they visit the property to make the decision process of a yes or no quicker. Video on the web is the newest, latest and greatest mode of advertising your houses for sale.

Lastly, getting a list of potential buyers is also another must in the market of bank owned houses. Initiating the action before the house sits on the market for long is monumental for the REO investor. If you think about 10 years ago in the real estate market, buyers came to listing agents to see what they had for sale. Many buyers still do the identical thing even though they have access to the internet and the listings. But, if you have a list already developed of potential buyers it will get your property to sell much faster. - 23196

About the Author:

REOGoldMiner.com not only offers the ability to find the REO deals but we also offer a community of investors that our members can also advertise their deals to. REOGoldMiner.com finds you the REO deals and even gives you an avenue to find buyers right through our site. Helping you get your deals sold as quickly as possible.

Beginners Guide To Forex

By Henri Ritand

Don't let the forex market scare you, it looks complicated but can be done with the right research and tools. With trading forex just like other markets, you make money on the fluctuations. Forex trading allows you to trade currencies from all over the world no matter where you live. Trading the Forex market is unique compared to other financial markets like the stock market. The forex market is very liquid, it operates 24/7 around the globe, and you can trade from anywhere in the world any time of the day.

Several years ago Forex trading was not available to individuals. If you were not a broker for a large financial institution, a bank, or a large corporation you were not allowed in this fast paced, liquid market. The financial requirements were large and very strict to be able to trade currency with the big traders. That has all changed over the last few years and now you can become part of the largest financial market in the world with very little start up capital.

Technology really started to turn around in the late 90's which opened the door for individuals to start trading forex. The internet and cell phone technology available today along with a good automated forex software, allows traders to work from almost anywhere. Making profits right from your own home is a real possibility trading forex.

Trading forex is becoming more popular day by day. It gives you the opportunity to earn large profits by trading currency in the largest most liquid financial market in the world. Because Forex trading is so liquid it also carries risks for losing large amounts of money just as it does for making money. Do your research, invest in some really good automated forex software and start slow. Most brokers have demo accounts for you to try before you actually put in any real money, and there are also accounts that actually allow you to trade pennies instead of dollars. These should help give you an idea of how the forex market works before you dive in to forex trading.

There are some seasoned traders that say you must trade the market before you can truly understand it. With that in mind, know you can learn the lingo, familiarize yourself with the charts and find a good expert adviser to get started in trading forex. But to become really good, you must actually become part of the largest financial market in the world.

There are three things that will get you started in trading forex:

1. A computer with a high speed internet connection

2. Open a forex account and get it funded

3. A good forex trading system

Along with these three basic things you need to trade, you should also remember to get a basic understanding of charts. Charts will help you understand what is going on with currencies around the world and will help you plan your trading strategy. Learning to trade forex can lead to large profits but remember it does not come without risks. Prepare yourself with a good investment plan, a trading system, and begin with one of the free demo accounts offered by most forex brokers. You can be on your way to financial freedom, working from home, trading forex and being part of the largest financial market in the world. - 23196

About the Author:

Henri Ritand has written an easy to understand beginners guide to Forex Trading. Henri included some useful information including the value of having a good Forex Automated Software when starting to trade the forex market.

Ascending Wedges - Long CFD Trading Strategy

By Jeff Cartridge

Ascending wedges have been very popular with traders on the short side, but not so often traded when it breaks in the upward direction. An ascending wedge is defined by two lines, one on the lower boundary of the price movement which slopes up steeply towards the line on the upper side which also slopes up at a less of an angle.

Ascending Wedges, Surprise On The Upside

Ascending wedges are normally patterns that are considered to trade short, but also can perform on the upside. A stunning 68% of the patterns break upwards and can deliver good returns when they do. The average gain is 0.94% in 9 days with half of the breakouts (48%) being profitable. There are better patterns to trade on the long side, but selecting the right conditions can make trading ascending wedges attractive.

Refine Your Entries

A break to the upside works better in strange market conditions. By using filters that require the market to be in a consolidation or an up trend you can improve the results. The stock and the sector should be in a down trend or a consolidation for the best results. Profitable entries tend to occur when there is a pull back in the share and sector in a market up trend.

Avoid trading ascending wedge patterns that breakout late, in the last 20% of the pattern. Likewise avoid very shallow patterns where the height of the pattern is less than 6% of the stock price. Patterns that take longer than 44 days to form also perform poorly.

Illiquid stock can sometimes be identified by two identical closes and if this is the case you are better to avoid these trades. Prior to the breakout a low less than the previous day is beneficial. If volume supports an ascending wedge breakout then the profitability of the trades improves. For volume to support the breakout, volume when the stock is going up should be greater than volume when the stock is going down.

Ascending Wedges Can Be Profitable

You can improve your trading results by using a series of filters that have been outlined here. This select group of ascending wedges delivers an average profit of 1.89% in 8 days and is profitable on 52% of the trades. Overall this makes ascending wedges attractive to trade.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23196

About the Author:

Jeff Cartridge is a private trader and created the website LearnCFDs.com A Simple Timeless Method for Huge Gains