godaddy
Home Articles Blog Updates Subjects Topics Tips & Guides New Contact Us
adblock creatives to be added later Loose weight without medicines, step by step

Improve your sex life -- overcome your frustration

Survive in Bed Click Here!

Increase your breast size by 2 cups, naturally and without surgery Click Here!
This Single Mother Makes Over $700 per Week Helping Businesses With Their Facebook and Twitter Accounts. You too can earn extra money. Click Here!

Earn money with simple online job works. Click Here!

Discounts at Amazon.com
Eliminate your diabetes, we can help you destroy your diabetes

Self improvement and motivational guru gives simple tips to success - must listen

A foolproof, science based diet that will reduce your weight by 12 to 23 pound Click Here!

Blog

TITLE AND SUBJECT OF ARTICLE

 

How To Spot Forex Fraud

As the popularity of Forex increases so do the number of scam artists attempting to cash in on the Forex gravy train. Since Forex involves trading money internationally, often over the Internet, a whole new breed of scams have come about. Ironically many of these scam artists are finding their marks through newspaper, television or other print media advertisements.

While these scams are generally easily spotted by experienced traders, new speculators may have problems know...

forex, investing

As the popularity of Forex increases so do the number of scam artists attempting to cash in on the Forex gravy train. Since Forex involves trading money internationally, often over the Internet, a whole new breed of scams have come about. Ironically many of these scam artists are finding their marks through newspaper, television or other print media advertisements.

While these scams are generally easily spotted by experienced traders, new speculators may have problems knowing the difference between what is real and what isn’t. It is absolutely essential to thoroughly research Forex trading, and any potential companies you may trade with before making an initial investment. The last thing you need is to find out that the company you have invested with is under investigation by the SEC for fraud. In this type of circumstance it can often be impossible to retrieve your money as the claims from all fraud of participants will be higher than the total payouts the government can guarantee.

One way to spot a scam on Forex is when someone promoting a Forex system guarantees no risk. It is a fact that there is risk with Forx trading, and generally anyone who claims otherwise is a liar, or more likely a criminal. Trading in Forex successfully requires knowledge, discipline, and a trading strategy. But there is no magic software or no risk way to assure that you will make money.

Another red flag indicating a sure sign of a Forex scam is a web site that guarantees profits. Nobody can guarantee profits and Forex trading. It is up to you as an investor to perform. If it were possible to guarantee profits in Forex trading then nobody would need to start a business showing others how to make guaranteed profits. The profit potential for anyone who could guarantee profits would be so enormous in Forex trading, that they would quickly become a billionaire by trades. So why would they waste time teaching others?

Another common tactic of Forex scam artists is to promise employment opportunities for people using their system. This is usually a trick to get you to spend your money with them. They are fishing for people with capital who can fund their enterprise. They typically promise to offer firm money to people using their system. But why would they do this? Instead what happens is they lure people into their training systems and convince people that they have done so well in the training session that they should start using their real money in order to make a fortune.

All reputable Forex trading web sites will be a member of the CFTC or the NFA. Make sure to check the company’s claims out and assure that they are members of one of these organizations before dealing with them.

Keep in mind that Forex is a relatively unregulated system of exchanging money. In many cases Forex scams can become highly technical, involving brokers manipulating prices in ways that cannot be tracked by the average trader. Because of this is essential that you not become a mark for such brokers.

In the United States the CFTC is the federal agency responsible for regulating the trade of Forex currency. If you suspect that you have been a victim of some type of fraud contact the CFTC. They have jurisdiction for investigating and enforcing the laws.

 

How To Trade Successfully In The Forex Market

To trade successfully in the Foreign Currency Exchange (Forex) Market, there are certain principles that must be adhered to at all times. There are a lot of investors who have made some really questionable trades when everything looked so good. The investors and speculators I’m referring to have sunk good money into investments and lost it within days, weeks or months. Some have done their homework and still received the short end of the stick, but the vast majority who turn ...

forex trading, forex brokers, foreign currency trading, fx currency trading

To trade successfully in the Foreign Currency Exchange (Forex) Market, there are certain principles that must be adhered to at all times. There are a lot of investors who have made some really questionable trades when everything looked so good. The investors and speculators I’m referring to have sunk good money into investments and lost it within days, weeks or months. Some have done their homework and still received the short end of the stick, but the vast majority who turn what looks like a good investment into something that a savvy investor can smell a mile away, more times than not haven’t done their homework. This article talks about the Forex (Foreign Currency Exchange) Market and lists key elements needed to make money effectively.

Liquidity is Key:

Believe me; I know from personal experience how to lose good money after bad…as do many in my family. I keep telling myself it must be genetic. One way to really get yourself in deep is to play the pink sheets, also known as penny stocks. These are the stocks which typically have very low trading volume each day and if you have enough shares it is nearly impossible to trade them without severely affecting the price of the stock. And the more volume you trade the more you begin to affect your own price whether you are buying or selling. Needless to say, I have crossed those investments off my list as of a few years ago. They just don’t have the liquidity you need to give yourself an advantage. Sure, you can find a needle in the haystack, that one in a million stock, but for every successful penny stock, thousands go under or don’t return much if any on your investment.

This brings us to the Forex Market. What better market to get the best liquidity possible. With my days of trading penny stocks, complete with their thin trading volumes, over, I am naturally attracted to trading which takes place in an arena where the definition is liquidity. When a trading arena is liquid, you can always trade your investment without affecting other positions you want to buy or sell. You don’t have the problem like you would trading penny stocks where a small move here or there dramatically affects the price of the stock you are trading. The Forex Market is too big and too many governments, organizations, funds and individuals participate.

Perfect Your Strategy:

Some of the most successful Forex Trading occurs when a person perfects their strategy and executes it to perfection each and every time based on the core belief that their strategy is the best for them. It takes practice to perfect a strategy, but most successful Forex Traders have one. They don’t simply jump on every new “potential strategy” or “tip” that comes along. From time to time it is good to try new aspects of other strategies to see if you can improve on a good thing, but to know your strategy inside and out and be able to duplicate it makes all the difference. A good rule of thumb to use is when you aren’t sure of a trade, do nothing. Don’t trade if you are not positive it fits your strategy. It also helps if you concentrate on one market at a time. Like the old adage, you literally don’t want to be a “Jack of all trades and a Master of None”

Go Long:

Trading successfully in the Forex is about longevity. The longer you can keep trading the Forex, the longer you have to perfect your strategy and the longer you can stay in the game. It reminds me of craps when I occasionally have time to play. I have friends that can blow through $1,000 in an hour or two and then they have to take the rest of the day off so they can have enough funds left to try it again another day. I take a different approach. I can survive all day long on $500 and most of the time I can double or triple that amount and be able to stay at the table all day if I want. It is both entertainment and profit that I am after. If I stay entertained longer, I have the chance to make more money.

The reason I can last longer is because I have perfected “My” strategy and I don’t try every new one that comes along in the multitudes of craps books that my friends read. The point I am making is this: Staying power is key with any investment. The longer you can “hang in there” to increase your education and perfect your strategy, the more you will enjoy the Forex Market and the more you will profit from it. And speaking of profit, you will want to remember to keep your profitable positions for a longer time than you keep your losing positions. Let your profits ride and you will be more successful. Fight the urge to get out of a position when it makes you a quick profit. Getting out of a losing position takes brute courage, but you will thank yourself for getting out quick if the position is not going the way you would like. You should always check your pride at the door when trading any market. Many of us don’t want to admit defeat, but it is necessary to be successful. It can really get in the way of successful trading.

Foreign Currency Trading (Forex) Trading is exciting. With the tips and thoughts above, hopefully you will feel right at home trading the currencies of the most powerful nations in the world. As long as you stick to your strategy and make sure you let your profits ride and cut your losses, you will become successful in Forex Trading.

 

Online Forex Currency Trading - How To Boost Confidence And Discipline

The Challenge

Consistently profitable online currency trading requires both confidence and discipline to first achieve and then maintain a reasonable level of success. For virtually all traders, these two aspects of trading are responsible for their success or lack of it: having confidence as a trader, plus the discipline to stick to their orrex currency trading system.

Most traders that struggle with their discipline do so for a very simple reason and this is something...

currency online trading,day online trading,online forex currency trading

The Challenge

Consistently profitable online currency trading requires both confidence and discipline to first achieve and then maintain a reasonable level of success. For virtually all traders, these two aspects of trading are responsible for their success or lack of it: having confidence as a trader, plus the discipline to stick to their orrex currency trading system.

Most traders that struggle with their discipline do so for a very simple reason and this is something that can be very easily addressed and rather quickly.

Ask any frustrated or struggling trader what their biggest problem is and it will boil down to a lack of confidence and / or discipline in one form or another. Traders who have both are the ones the that are doing fine and enjoying their trading.

Even the veteran traders will tell you that the primary reason for any rough spells they have occasionally experienced were from when they had a lapse or breakdown in their confidence or their discipline, but once they got it back all was well.

So how do you go about building these two emotional pillars for successful currency online trading? Or regaining them if they've waned?

The 80/20 Solution

One of the fastest and most effective ways to give yourself that boost is to intentionally create a disruption in the UNsuccessful pattern that has been established. Now this applies whether you've known success and temporarily lost it or if you haven't found it yet.

The most powerful way to disrupt the pattern is through stepping back and making an assessment of your current day online trading. Now, this doesn't have to be a lengthy or monumental task. There are two parts to this process and it generally follows the 80/20 rule with which you're already familiar.

Good news for you is that the first part is the 20% of your effort that will yield 80% of the results. Even better is the fact that you can do this within the next hour or two and see results that fast. Here's what you do:

Step 1. Effort = 20%, Yield = 80%

Step 1, part 1 is to take your recent trading results and run your metrics on your current trading. So which metrics are going to give you confidence and discipline-building information?

• Your real winning percentage
• Your actual profit-to-loss ratio
• The true size of your average winner
• The true size of your average losing trades
• Your actual number of winning trades
• Your actual number of losing trades
• Your REAL ROI from your trading efforts in both time and $
• Your projected annual income from your trading – based on real numbers from your current trading

So how does this help with your confidence if the numbers don’t look so great? Especially if you haven’t yet experienced a level of success that you desire?

Well, very specifically these numbers give you a very clear reference point to work with regarding the factors in your trading that make the bottom line what it is. Rather than going on hope and wishful thinking, you now know the particular aspects of your trading on which to focus your efforts – a realize results. It brings a great deal of clarity to the exact direction for you to take.

Just this simple step alone with give you a substantial boost, and part 2 will really bring about a transformation.

Step 1 Part 2.

In this part, you simply backtest your system (whatever it is) very specifically according to the rules of the system using recent historical market data for the markets you trade.

You then run the metrics and compare the two. This information is incredibly powerful in two ways for building both your confidence and your discipline to stick with your system. Here’s how this works for you.

By backtesting your system with historical data, this can give you a very clear measure of what your forex currency trading system is capable of delivering for you. If your current trading is not delivering the profits that you want, you need to knowif the problem is with the system or if it in your execution of the system.

If your current trading results are comparable to the backtesting results, then you know immediately that you need to take a closer look at the system you’re using.

If your backtest results are good, but your current results with your system are not, then you know that you need to focus on your execution.

Most importantly, if your system doesn’t backtest well, then you know straightaway that you need to consider changes to the system you’re using, either a new system altogether or changes to the one you’ve got.

Directly for confidence and discipline, if your system tests well, then your confidence in it should go way up, along with your discipline to stick to it – because you are providing PROOF to yourself of its capabilities and limitations and with real numbers.

Plus you can see its limitations and more easily get through short losing streaks and drawdowns while maintaining confidence in your system, thus making the discipline part of sticking with it much easier.

Step 2. The More Intensive Process

If you have gone through the process in Step 1 and find that your system is good but your execution is where you need to focus and you need assistance working through other possible emotional management issues, then you need to seek out resources specifically for finding the core issues to address. Go to Inside Out Trading for resources specifically created to help you with these.

In conclusion, confidence comes from thorough understanding and successful experience. Once you have a system in which you can have confidence, then the discipline to stick to it gets much much easier.

Analyzing your current trading then backtesting your system can provide a great deal of confidence and thus make sticking to your system considerably easier by knowing the particulars of how it makes your bottom line what it is and what your system is capable of delivering.

godaddy

godaddy
fine jewelry clean photography
fishing tackle road reel
fishy salespeople deal with dealers
fitness regime summer fitness challenge
fix buy home equity loan
fix flagging ebay auctions
fix repair bad credit
fix your credit report
flat screen lcd plasma tv
floor mats clean car bodywork
flower vegitables garden
flyers point personal development
fly fishing knots trip
focaccia multi grain bread maker
food allergies manage treat
footyforecast method soccer dribbling skills
forex broker training education
forex currency trading fraud
forex profits currency trading
free advertising methods
free annual credit report
free apply payday loans
free beauty samples cosmetics business
free buy golf lesson
free content articles writing tips
free equity loans line
free football picks soccer game
free government grants
freelance writing career assignments job
free online dating problems website
free price of gasoline
free products seekers internet auctions
free read credit report
free screensavers back up files
free software downloads protect ebooks
free teleseminar shows audio online
free traffic market online
free upgrade laptop
freight broker factoring canada
fruit bouquet dehydrated bananas
fruit vegitables online diet frenzy
frustration foreign word smile
fsbo stage home properly
fuel economy leave global warming
fundraising team how to discipline
fur coat dominant thoughts driver
gain increase link popularity
gain muscle naturally
gain self confidence crisis
gain weight build muscle mass
gambling fun in vegas
game one way backlinks
garage sale advertising plan campaign
garage sale auto repair shop
garbage photo bags
gardening tips landscaping garden tractor
gardening website containers garden statues
garden mini paper bag scrapbook
gas credit card
gazillion dollars adsense account ctr
generate blog traffic benefits
generate cash rich earning power
lasik laser eye surgery
improve poker game skills
how to make claim
how to approach women
hip hop beats gear
get secured loan online
earn with google adsense
discount lodging rome
credit card offers
compare long term care insurance
godaddy
godaddy