FAP Turbo

Make Over 90% Winning Trades Now!

Sunday, May 17, 2009

Practical Forex Made Easy Tips

By Chan Boldene

Contrary to popular belief, Forex Made Easy is often easy. Before I dive into deconstructing this whole Forex business (and it is a business), I'll share some simple but crucial Forex Made Easy tidbits. I will be going back to this periodically. They're important not just because you are learning to trade in the 4x markets, but because they are good principles to live by.

If you've been around any length of time, you've heard or read how the basketfuls of money we can make from Forex Trading (or FX Trading), so what are the tips and rules and strategies we can incorporate to make money from 4X Trading? Below are the seven Forex Made Easy Tips that the staff and management of Forex Made Easy (me) came up with to help make you money in this crazy but rewarding field of 4X Trading.

Forex Made Easy Tip #1: Don't get greedy.

This is embarrassingly simple. When you're on a sizzling hot winning streak, it's easy to think that you can't lose, but it is the kind of thinking that is very dangerous. Trading is relatively easy, but you can lose your shirt, your pants, and your precious bank account in short order too. Greed can consume you and deplete your trading account faster than you can say "but they didn't teach me that in the Forex Made Easy blog!" Greed can devastate.

Tip #2: Get Educated

You don't have to be a market genius to make money in Forex. The Forex Made Easy blog is here to help you with that. Anyone can learn how to trade and anyone can make money. You don't need to spend long getting educated either, but having experience trading will be invaluable to you. Make sure you have a trading rules and a trading plan.

Tidbit #3: Simple is Good.

This tidbit is the most difficult to overcome because we like tools and programs and systems and indicators and gadgets. Use the KISS method: Keep it Simple Stupid. It still works (not only here but in many areas of life). Keep your "system" simple: use few indicators, and support and resistance. Don't get complicated. Simple trading "systems" are far more robust and full proof than complicated ones. If you aren't able to explain in a few sentences to an onlooker what your indicators are doing for you, then there's too much on your screen.

Tidbit #4: Make Sure You Have Risk and Money Management Rules.

This Forex Made Easy piece of advice is incredibly boring. Success in the FX market is built on risk management and money. Ten percent should be the maximum amount you risk on any one trade. Five percent or less is much better.

Forex Made Easy Tip #5: Discipline- Set the Rules and Stick to THEM

No matter how good of a trader you think you are (and you're probably not all that...sorry), you will pile up losses. Even after you search this Forex Made Easy site for nuggets of insight and wisdom, you will still need disciple. So, let me repeat that, you will have losses; you will lose occasionally. But you need to have discipline to ride out the losses and come back. Know YOUR rules. Stick to them. Keep your emotions in check when trading. Leave nothing up to your emotions. Write your instructions down and follow them. I can't emphasize this point enough, because if you don't follow what you created when there was no pressure at all, then you probably will lose money.

Tidbit #6: Have A Blast.

Trading Forex can be challenging and rewarding. It can also be exciting as you "win" more and more. Don't take your gains OR your losses so seriously. Don't spend your entire day in front of the computer screen. Go outside. Relax. Spend some quality time with your family. Watch a sunrise. Go treat your kids to an amusement park. Go on a second or third or eleven honeymoon with your spouse. The markets will always be there tomorrow.

Forex Made Easy Tip #7: Paper Trade Until You "Make Money"

Practice Practice Practice. I can't say that enough. There are software programs on the market (and some that we will recommend) to help you so that you won't lose money quickly. You can test strategies, theories, and win a million dollars - all with no money changing hands! You need to "paper trade." If you can't make money when there's no real money on the line, what makes you think you can make money when you're risking money?

We at Forex Made Easy believe that anyone can make money trading Forex . Anyone. The effort you need to put in (with the help of this Forex Made Easy blog) will be well rewarded. So don't forget the rule that simplicity rules. Simple, steady, and well executed strategies will make you the a lot of money from Trading 4X . That's the Forex Made Easy way. - 23218

About the Author:

Forex Megadroid " The smart and efficient Forex robot

By TheLasTSamuRai

Looking for a forex automated software which actually stands up to its promises? If the answer is yes then fores Megadroid is the robot which can actually help you in maximizing the returns against your investments.

The mighty Megodroid was released on March 31, 2009 and since then it has enjoyed wide popularity amongst forex investors. The internet is flooded with a large number of first hand reviews and majority of them report a positive response. Megadroid is designed by John Grace and Albert Perrie, both of whom have over 30 years of experience in forex investing. Megadroid boasts of an accuracy of 95% and in addition to this provides for an easy installation and user friendly interface.

Megadroid is touted to be the first forex robot which deploys RCTPA (Reverse Correlated Time and Price Analysis) technology to maximize efficiency and accuracy. Since its introduction the forex Megadroid has done wonders for forex investors and going in accordance with the statistics, it has earned profit of 400% in the month of April alone.

Talking about the features of this robot: 1) Low cost " The Megadroid can be bought against a slashed rate of 97$ as per this writing and with each purchase you are also entitled get a 60 day guarantee. 2) High download speed " Once you have made the payments, you would be directed to the link from where you can download the software. The Megadroid can be downloaded in three packages and in addition to the software the standard package also includes a program guide in pdf format which features proper description and graphical explanations to help the user in installation and operation of the robot. The entire package can be downloaded in less than five minutes. 3) Plug and play software " The Megadroid features one of the most user friendly interfaces supported by a technically advanced algorithm at the backend which ensures maximum profits with minimal user interference. The Megadroid robot works on MetaTrader 4 platform which makes the crucial calls of buy and sell. A potential user can follow the step by step instructions furnished in the installation guide and get the robot working with ease. 4) Virtual money account " Megadroid provides for practice accounts. Practice accounts enable the user to get a firsthand experience of trading without risking their precious money. The site provides for virtual cash up to $100 thus availing the user with the opportunity to check if the software is really productive. 5) Works for amateurs " Megadroid is very easy to configure and can help beginners/amateurs to earn hefty fortunes just by leaving the robot operation for couple of hours or overnight.

Surely with so many advantages and benefits to its credit, forex Megadroid is no scam and can avail beginners as well as professional forex traders to maximize their returns with the help of artificial intelligence. Thus if you are also aiming to earn a good fortune, go for forex Megadroid and at the slashed rates of $97 the software is worth of its promises. - 23218

About the Author:

Getting Your House Ready to Sell

By Dr Adel Kitch

How can a buyer get interest for purchasing your house? Impression is the keyword. You just need to get your house ready to sell by doing some preparation. Get inspected by a professional if you want to pay a little effort for maximum results, or if you don't want to spend much money by paying professional you can do by yourself for getting your house ready to sell.

Now that become a question, how to get your house impressed a buyer? Those are the steps for getting your house ready to sell to a buyer.

Beautify your exterior What you do is just beautifying. The goal is to make your exterior look pretty and fresh to impress your buyer. Just to inform you that the exterior becomes the first impression to overlook a house. There are two sensory organs of a buyer you must impress. Those are eyes and nose. By bringing the garden homelike condition to your house exterior, making it looked pretty and freshening it up. The steps you can do are: - Get the grass, trees, flowers, and plants tidy and fresh by mowing and watering it - Clean up the curb and entering path and put the potted flower in the sides. - Freshen up the smells by put scented potpourri. - Clean up all of windows and entering doors. - Get rid of equipments out of sights. - Paint the walls if necessary.

Make the Cosy Interior After buyer got impression from your house exterior, do some simple works to get the cosiness of your house interior. It aims to make a buyer feel homelike buy entering your house. These are the steps: - Clean up the tile floors; scrub it if there are some bad spots. - Get rid of spider net from your ceilings. - Wash the carpets with a fragrant soap. - Get your furniture placed tidily and gets rid of unnecessary one. - Brush the closets - Clean the garage, basement, and attic - Get the windows opened and clean, it will bring freshness to your house inside - If you have pets, bath them. - Put some fresh fragrance in air conditioner.

Repairing and Replacing Some Repairing and replacement is necessary to do, if there are some broken furniture, equipment, or appliances. Just check out: - broken or missing door - cabinet handles - ceilings - ventilation filters - broken tiles in bathroom and kitchen - faucet - wallpaper - some furniture

Get your friends' opinion Assume some friends like a buyer, and get some advice and suggestion to make your house get more ready to sell. And the most important thing is your friends feel your home like their own home. - 23218

About the Author:

The Five Flavors of Mutual Funds

By Sara Ferguson

Mutual funds come in five flavors; within these five categories are many different types of funds, so you can find a mutual fund that is tailored to your individual needs. Below is a brief description of the different funds:

Municipal bond funds: Mutual funds that invest in local and state governments. The dividends of municipal bond funds are usually free from federal taxes.

Municipal bond funds: Mutual funds that invest in local and state governments. The dividends of municipal bond funds are usually free from federal taxes.

Hybrid funds: Mutual funds that invest in both stocks and bonds. Hybrid funds are structured to achieve predetermined objectives such as rapid growth, matching a market benchmark, or investing in one industry. To sum up, hybrid funds use combinations of securities to meet their investment objectives.

Bond funds: Mutual funds that usually invest in the debt instruments of corporations and governments. Investors in bond funds are primarily seeking income with some protection of principal. Frequently, the only way an average investor has access to an expensive bond is through a bond mutual fund. Usually, bond funds are conservative and target the payment of dividends. Investors can choose among several types of bond funds. Investment grade bond funds usually have less risk than funds with stocks, but they arent risk-free. These types of bond funds are usually good investment choices for short-, medium-, and long-term investors who desire low risk. Investment-grade bond funds focus on current income.

Money market funds: Mutual funds that invest in the short-term debts of corporations and the federal government. Money market funds often invest in Treasury bills, commercial paper, bankers acceptances, negotiable certificates of deposit (CDs), and short-term debts of U.S. government agencies such as Ginnie Mae (www.ginniemae.gov). Money market funds provide less return and less risk than other types of mutual funds and are good investments for short-term investors. The principal advantage of these funds is their safety. Also, if you ever need to get to your money fast, money market funds may be the type of fund for you.

As always, read the details of an investment before making a commitment. Each investment is different and the risks will be different as well. Beginning investors often make the mistake of not finding out all the details before proceeding; do not just look at the profit you could make from the investment. - 23218

About the Author:

Penny Stocks, Pink Sheets, Or Micro Caps What's the Difference?

By James Brumley

The terms penny stock and pink sheet are like night and day as are bulletin board and micro cap. Unknowing investors often lump them all into one category and get into trouble or miss out on opportunities.

One way to educate yourself about the true definition of these terms is to use word association. Think of an aspect of the term and come up with a commonality with the actual name.

Whether you consider a penny stock as one that trades under $1 or one that trades under $5 really doesnt matter. Although the universe of stocks to choose from will definitely expand as the stock price rises.

The reason a $5 price level is often considered the standard is because many brokerages wont allow a stock under that price to be shorted or bought on margin. Then there are brokerages without any price limit for shorting stocks.

Often a stocks price sinks because a temporary situation has developed. It may even have met the same requirements as higher priced stocks at some point. A stock with this type of price movement could be a great investment opportunity when it trades as a penny stock"which can be a pink sheet or bulletin board stock (see below).

You may have been told to steer clear of pink sheet stocks because they often hold the most risk. Maintained by Pink OTC Markets Inc., some of them dont deserve their bad reputation.

Some foreign stocks choose to list their equities in the U.S. market, but for technical or logistic reasons cant list their stock with one of the exchanges or the bulletin board system. That doesnt make the investment any less credible though. The size of the company (or market cap) is irrelevant.

On that note, however, the potential downside of pink sheet stocks appears there are essentially no reporting/disclosure requirements for companies with stocks listed as pink sheet equities. In other words, you may not be able to view any audited accounting statements for these stocks. Many pink sheet companies can and do disclose every single financial statement they produce, however. For that reason, these stocks should be considered on a case-by-case basis.

Bulletin Board " Though commonly (and somewhat errantly) referred to as trading on the OTC market, or as an OTCBB stock, a bulletin board equity isnt exchange-listed like an NYSE or AMEX stock is. Yet, these companies have met the quarterly reporting/disclosure requirements of the Securities Exchange Commission. These companies are said to be of a fully reporting status.

This may come as a surprise, but the bulletin board system is not the only over-the-counter game in town. Both pink sheet and NASDAQ markets are OTC markets.

When it comes to determining if an equity should be listed as a bulletin board stock or an exchange-listed stock, share price doesnt come into play. Specific market caps may be required, however.

Some bulletin board stock can be stronger and more productive than many exchange-listed stocks, so dont inherently steer clear of bulletin board names, or necessarily have blind faith in the stability of any exchange-listed stock.

Micro Cap " The standard definition of a micro cap company is any company with a market cap (issued shares multiplied by share price) of $250 million or less, though the number isnt set in stone. Note that share price has nothing to do with the determination; there are plenty of micro cap stocks with share prices well over $5.00.

A micro cap status also has nothing to do with where or how a stock trades. The New York Stock Exchanges minimum market cap requirement is only $25 million, so qualifying for an NYSE listing isnt necessarily a sign of great size or strength.

A Quadruple Summary

Penny stock, pink sheet, bulletin board, and micro cap four terms that are tossed around quite a bit as if they all meant the same thing. Theyre all quite unique though. If an investor chooses to overlook a particular stock because its not an attractive investment, thats fine. However, overlooking a stock simply because of a semantic misunderstanding could be a regrettable decision. Knowledge is power.

Theres only one website you need to bookmark for all your trading needs: www.smallcapnetwork.com. We find the information thats key to uncovering the best of the best stocks. Sign up for the free e-newsletter today. - 23218

About the Author: