Searching For The Best FX System

By Tim Barnby

If you spend any time at all in forex (FX) trading forums you'll see constant questions like: "What's the best FX trading system?, what's the best free forex trading system, or where do I find good forex trading signals?" There are so many expert advisors (EAs), indicators, and systems available that it's nearly impossible for a novice trader to find a decent FX trading system, or one that produced consistent results. Still, given a little information, traders should be able to identify a system that will work for them. Any FX trading system worth following will have four traits:

The FX trading system will trade with the long term trend. The system will provide inflexible rules. The FX trading system will use a very limited set of indicators and will rely on an easily identified setup. Finally, the ideal FX trading system will provide a positive financial edge.

Whether you are trading stock, commodities, or a Forex market, following the overall trend should be your first priority. Trading against the trend might get you a few winning trades, but a prudent trader sticks with the overall trend. Chasing retracements is okay if you want a rush. If you want to make money, you need to manage your trading like a business. That means that we make purchases at a lower price than the projected sale price. Counter trend trading goes against that rule. There are several methods for determining a trend. I recommend the Blue Zone, or a similar method for determining the health of a trend.

The ideal FX trading system will provide you with an iron clad set of rules for trading. Your trading results will be tightly correlated to your adherence to rules. When selecting a trading system, make sure you can live with the rules. If you cannot, find another system. If you find that your emotions will not allow you to follow these rules, find another way to make money. A system will only work if you use it correctly and consistently.

When reviewing messages in the Forex trading forums, you'll often see charts. Some of these charts are so covered with indicators that you can hardly see the price action! The best FX trading system will only use a couple of indicators. The Blue Zone system, as an example, only uses three simple moving averages (SMAs). It uses these to determine the health of the trend. The best FX trading systems will couple these few indicators with setups that are incredibly simple and easy to identify. There are systems that use ascending triangles, multi-candle setups, and complicated crossovers. Those are just too complicated to be of much value, and in my opinion, lack consistency. The Blue Zone system uses a single candle setup. This single candle is highly predictive of reversals and will provide consistent results. Of course you have to know which times to trade it.

Finally, any FX trading system can be judged on one metric alone, the Financial Edge. Financial edge is a simple formula. It states: E= (AW*PW) - (AL*PL) Or, in English it states Edge equals the difference between the average winner times the probability of winning and the average loser times the probability of a loss.

Example System: Average Winner: 200 pips Probability of win: 15% Average Loser: 25 pips Probability of loss: 85% Edge = 8.75 pips.

The above example illustrates how important edge is and how unimportant percentage of winning is. We only won 15% of the time in the above example. Using the system consistently, however, would give us nearly 9 pips per trade! Our goal in forex trading is not to win more often. Our goal is not to win at all. Our goal is to make money. The sooner this is learned, the better.

When reviewing the numerous systems available for forex trading, if you remember the preceding facts, you'll be well on your way to finding or developing the perfect FX trading system. - 23218

About the Author:

No matter which FX trading system you choose, to be profitable in Forex you must gather three elements: Money Management, Proper (Instructor Led) Training and the Mental Game (comes from the first two). We provide everything you need from live trading rooms to intense individualized mentoring programs at The Market Mover Edge

Silver Spinner Ring Collection

By George Petronis

Silver spinner rings have become the latest trend in the world of fashion jewelry. Although these rings have been around in some way or the other in previous generations they have only recently become popular on a global level.

These rings feature a unique design wherein which the ring has an outer band that can be manually spun freely around the inner ring. The kind of silver spinner rings you will be able to find in the market are a marvel of superior craftsmanship and quality.

The silver spinner ring is not simply a fashion item; in fact it is utilized as an item to calm down anxious or nervous people who can simply spin the outer band with their finger and enjoy the relaxing feeling of this motion.

This motion is believed to relieve anxiety and worry from the wearer much in the same way as other tension relieving gadgets. This is why silver spinner rings are also referred to as anxiety spinner rings and worry rings.

If you suffer from anxiety and worries then investing in a silver spinner ring can prove to be a worth while investment. Not only will you benefit by the rotating action that the spinner ring has rather you will even feel rejuvenation with a brand new stylish ring that will make you look good.

The various kinds of rings available in the market today are trendy and stylish enough to be worn discreetly and not give away the real purpose. They look as normal and stylish as the accessory rings so you can wear them with comfort.

The silver spinner rings offer simple creativity and design options which are very cost effective. If you are looking for a trendy design expression that is cost effective then there are more exclusive designer versions also available in the market.

Jewelry made in silver has a charm of its own, as it is a very sharp, sparkling and reflective metal that allows designers to create a variety of designs with classic finish. And because it is not as expensive as other precious metals, it can be utilized and worn by a variety of people.

With the silver spinner ring you can mix fashion with spiritual and emotional enlistment, thereby benefiting on a physical and emotional level.

Furthermore the use of silver makes these rings extremely long lasting. Silver, when mixed with another precious becomes extremely durable.

Jewelry aficionados are well aware that 100% silver cannot be used for jewelry making as it is very malleable to mould on its own. However sterling silver is a good option to create great designs and add strength to these precious metal rings without compromising on the look. - 23218

About the Author:

There are a great many different silver ring designs. For more detailed information on sterling silver spinner ring click on the links.

The Nuances of Forex Trading

By Deanna F. Morgan

Forex trading is a wonderful way to make money, and is the most highly traded, liquid financial market in the world. If you are planning to delve into the world of Forex trading, however, it is important to learn how and what to trade, and most importantly, when to trade and when not to. There are many people who experience fast success in foreign currency trading, and build their accounts very quickly.

The Forex market is different from the stock market, in that it operates non-stop on a global level. Usually, Forex trading is done electronically, which produces the ideal conditions for traders to begin their careers, whether on a full-time or part-time basis.

Several years ago, Forex trading was generally limited to large corporations and other financial institutions such as banks, due to the high level of financial requirements. But with the advent of the internet and other new technologies, Forex trading is accessible to anyone who wishes to delve into the world of the currency trader.

In a nutshell, Forex trading can be explained as buying and selling foreign currencies. This may be a very simple concept, but don't be fooled, as even traders with a lot of experience have suffered substantial losses from time to time.

Always remember that along with the possibility of large profits, also comes the equal risk of large losses. When you are ready to enter the Forex market, be aware of a few key points in order to ensure your success as a trader.

The first thing to be aware of is that certain equipment is required, primarily a computer with an active internet connection. A funded account with a Forex broker is also necessary to make actual profit (as opposed to a demo account), and you will also need a valid trading system.

Your internet connection should be high-speed, because it is very important to be able to monitor the price movements as they happen, and to be able to place your orders at exactly the right time. It is also recommended to begin with a free demo account, so that your real money is not at risk while you are practicing and perfecting your trading skills.

Another thing to know about Forex currency trading, is that the currencies are traded in pairs. The Euro/US Dollar pair (EUR/USD) is the most heavily traded, but there are many others to choose from, with different spreads and margin requirements.

Since the Forex market operates on a continual basis (aside from weekends), it is simple to trade whenever it is convenient for you. As your trading skills continue to improve, you will begin to know when the market conditions are good to trade, and when the risk factors indicate staying out of the market.

You should keep demo trading for at least a few months, or longer if necessary. Your demo trades should be profitable on a consistent basis before you use real money.

It is also very important to learn good money management, as most traders will have losses periodically. Build your account carefully, and you will be on the right path to a rewarding career as a Forex trader. - 23218

About the Author:

For more Forex tips, visit The Forex Fix, a complete Forex resource filled with answers to typical Forex questions, informative trading videos, current Forex news and Market Commentaries, book and product reviews, trading strategies and more.

Financing Your Real Estate with Vendor Take Back Mortgages

By Dave Peniuk

A Vendor Take Back (VTB) is simply where the seller (Vendor) of a property is willing to provide some (or all) of the mortgage financing on that property. As a real estate investor, I ask for a VTB on the majority of the deals that I am involved with. It doesn't hurt to ask if the vendor would be willing to carry the mortgage - even if it's only a smaller 2nd mortgage. There are significant benefits to both parties involved in the deal. And asking that one small question could provide you with an additional $5,000 - $10,000 in financing!

Using other people's money is a clever way to use leverage and enable you to buy additional properties (as long as you aren't over-extending yourself). Or, the extra money could be used to renovate, refurbish, or spend on the marketing required to rent out your new property.

As the purchaser, there are other potential benefits for you as a result of obtaining a VTB:

- As with bank financing, there is generally no pre-payment penalty if you pay off the mortgage early;

- Vendors rarely ask for all of the documentation that banks require so it makes it quicker and easier to finance your property; and

- Your credit score will not include the mortgage and it's value (as is now becoming more common with the big banks and credit unions).

The potential benefits for the seller (vendor) from obtaining a VTB are:

- A way to make a distressed property or a difficult deal more attractive to a buyer (investor) by offering property financing;

- The vendor may make considerably more money on the property by charging a higher than market value interest rate and collecting it back over time;

- The property will continue to provide monthly cashflow, even after they've sold it;

- Currently, a vendor with a VTB can obtain a 5% interest rate or higher (depending on the structure of the deal) return on their equity in the property versus putting that money in the bank and getting maybe a 2% or 3% savings interest rate;

- The mortgage is secured against the property so the absolute worst thing that can happen to the vendor is that they will have to foreclose on the purchaser and they will get their property back (if it's a first mortgage).

In most cases, your real estate lawyer will be responsible for creating the VTB documentation. Be sure that your lawyer has also thoroughly reviewed the Purchase and Sale Agreement and the mortgage documents (and all associated conditions). It is also a good idea to discuss with the vendor whether the term can be extended when it comes due. - 23218

About the Author:

Know How to Retire with Real Estate with Dave's free Real Estate Investing Starter information Guide. Know how to build financial freedom, extra monthly income and massive wealth with information like: How to find quality rental properties, finding and keeping great tenants, and easy ways to finance your real estate purchases with Vendor Take Back financing.

What Are Stock Indexes? (Part II)

By Ahmad Hassam

The Nasdaq-100 is a modified capitalization weighted index. Modified cap weighting involves adjustments to the capitalizations of the various components of the Nasdaq-100 index. The NDX contract at the CBOE is based on Nasdaq-100 as is the MNX.

Russell 2000 is the well known benchmark for small capitalization sector. Several Russell Indexes have become benchmarks for specific areas of investment management. Frank Russell Company is one of the leading global investment consultants. It is also involved in performance measurement, analysis and investment management.

Russell 3000 Index as the name implies includes 3000 issues. These 3000 companies represent 98% of the investable US equities. The index is adjusted for certain factors such as cross holdings and the number of pairs in hands.

Russell 3000 is further split into subsets like Russell 1000 Index. It covers the top 1000 about 92% of the value of the entire 3,000 stock index. The Russell 2000 Index is the smallest 2000 companies in the Russell 3000 Index.

The Wall Street Journal is probably one of the most perfect business franchises from the business point of view. Dow Jones is the publisher of this journal. The net worth of most of its readers is in seven figures. A franchise that is very hard to duplicate.

DJIA became an important business barometer over the years. Dow Jones Industrial Average (DJIA) comprising 12 smokestack companies made its debut in the year 1896 and it grew to encompass 30 large industrial companies.

The DJIA is still one of the worlds best known stock measures and consists of 30 largest and most liquid blue chip stocks in the US. The average is maintained by the editors of the Wall Street Journal.

Recently Microsoft and Intel were added to the DJIA. The DJIA unlike the S&P 500, Nasdaq-100 or Russell 3000 Indexes is a price weighted average. The highest price issues hold the most influence over the average.

A 1 percent move in a $90 Microsoft stock would have a greater impact than a 1 percent move in a $30 Intel stock. ETFs exit on many Dow Indexes like the DJIA, the Dow Jones Total Market Index, the Dow Jones Global Titan Index and various sector indexes.

Wilshire serves over 400 organizations in over 20 countries representing over $2 trillion in assets. Wilshire flagship index is the Wilshire 5000 Total Market Index.

Over the years, it has increased to 6500 issues representing the increase in the number of companies in the US. It represents the broadest index for the US equity markets.

The Morgan Stanley Capital International (MSCI) database contains nearly 25,000 securities covering 50 countries. It calculates nearly 3,000 indexes daily and services a client base of over 1,200 worldwide. One of the advantages of MCSI and its foreign indexes is consistency. - 23218

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading stocks and forex. Do Penny Stock Trading. Learn Forex Trading!