7 Things To Read Before Trading Today From the Desk of Lou Brien:Stocks in Asia were generally higher, the Nikkei and Australia both gained more than one percent and the Hang Seng rose a small fraction, but Shanghai was down 0.8%. European indexes are also generally higher on the day, both the Footsie and Dax currently have a gain of about 0.5%. US stock futures are trading higher by about one percent as I write. The May reading of...more
If you have time or money but do not like to rely on working for others as sole means of earning income, you might want to consider Forex trading. Here are 7 main reasons why you should start doing so.1. Monetary LeverageForex trading offers monetary leverage. This means that you can begin trading with a low capital outlay to dominate a large currency position. You can trade for a standard $100,000 currency lot by with just $1000. However, some...more
7 Habits of Highly Effective Trading Voluminous amounts of money can be made in the Forex markets. While profits are definitely there for the taking, I wrote this article to help you learn how to manage the highly effective habits of forex trading. Maturing these habits will lead you to overall success quicker then any winning trading system.1. Patience...Trading for the excitement, not the profit.The regular life in a Forex trading is between 5 minutes and 9 months. Not all traders in Forex Trading trade because they want to make money. Many trade because they want the action. Think about it - you must trade everyday, or can you patiently wait for higher probability trades, even if it staying Flat for 2 to 3 days or even a week?For those of you who wish to learn how to make money in the Forex markets, rest assured you can. However do not expect to make money in each and every trade. If you choose on not breaking the 7 Habits of Highly Effective Forex Trading, you have a greater opportunity of making money over a period of time.Certainly you will have losing trades. Unquestionably the markets will do the unexpected and at times you will lose more than you expected; but if...more
Author: James parkerBidding is part fun and part pain. You win an item, all seems well and good and thrilling. You lose the item, everything around seems blue. In order to win online bid auctions, you have to adopt and follow some basic online bidding strategies. Once you’ve done this, there’s no way stopping you from winning the next auction!...more
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6 Things To Read Before Trading Today Asian trade was mixed but most of the key indexes showed a gain. The Nikkei and Shanghai both rose a fraction, the Hang Seng gained a half percent and Australia added about 1.3%. But European...more