Using Bollinger Bands For Penny Stocks

Trading penny stocks can be a very lucrative form of trading if certain guidelines are met. One of those guidelines is having the proper tools to evaluate and chose winning penny stocks. Charting software is an important component of a trading system and within the charting software there are various indicators that a person can use when considering a penny stock investment. This article will cover one of those indicators, Bollinger Bands.

Developed by John Bollinger, Bollinger Bands are an indicator that allows traders and investors to compare volatility and relative price levels over a designated time period, a relative high or low in the instrument being traded. Two important factors are derived from the Bollinger Bands which are bandwidth, a relative measure of the width of the bands from each other, and a measure of where the last price is in relation to the bands. Having evolved from the concept of trading bands, Bollinger Bands can be used to measure the low or high of the price relative to previous trades, indicated on the underlying chart.

Since their introduction, few indicators have helped traders as consistently as Bollinger Bands and the use of Bollinger Bands varies distinctly among traders. The use of Bollinger Bands is not confined strictly to stock traders, options traders often sell options when Bollinger Bands are far apart or buy options when the Bollinger Bands are close together, in both instances, expecting volatility to return back to the average volatility level for the stock or option.

Closing prices are the prices that are most often used to calculate Bollinger Bands. In addition to identifying volatility and relative price levels, Bollinger Bands can be combined with price action and other indicators to generate signals helping identify potential significant moves. By themselves, Bollinger Bands have two main functions which are to identify periods of low and high volatility as well as to identify time periods when prices are at unsustainable and extreme levels. Bollinger Bands do not give absolute buy and sell signals, and most traders agree that the bands indicate if price is at a relative high or low.

Many traders utilize Bollinger bands to determine the volatility of a stock movement and identify the time frame when the current trend of a simple moving average may be coming to an end. If the two Bollinger bands violently move apart and start moving in opposite directions, the stock has made a significant move. Of course this depends on what time frame the chart is being used. A one minute chart, for example, would not be considered an extreme move with Bollinger Bands. However, a 15 minute chart or daily chart with wide bands surrounding the candlestick would be considered a significant move. It should also be noted, when price is trading near the lower or upper Bollinger band line, there is a possibility that the current trend may be reversing. In other words, when price reaches these extremes they should be considered overbought and oversold.

Over the past twenty five years, traders have considered Bollinger Bands to be the most important and reliable tool for determining expected price action, with almost all trading software platforms including Bollinger bands as one of the primary indicators. Used in conjunction with other indicators, Bollinger Bands can be a powerful indicator to implement into a system designed for trading penny stocks.

Doug Fisher is a frequent trader in the penny stock markets. For more information about trading penny stocks, please visit his blog.

Reuters - Wall Street may struggle this week to build on its best weekly performance in almost 30 years as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.

Hedge Fund Trading Assistant
News Americas
Afx Uk Focus 2008 10 02 10 09 Liberty Says July 1 Oct 1 Trading Continues In Line With Expectations Interactive

Essentials of Successful Day Trading

Day trading refers to trading, i.e., buying and selling the stocks within the same trading day in such a way that all trading positions are generally completed before the close of the market on the trading day. Day trading is opposite to after-hours trading which allows the investors to buy and sell shares and keep them for longer periods.

Earlier, the day trading was done exclusively by the large financial companies, banks and professional investors. Of late, it has gained acceptance from the casual investors due to the advancement of trading technologies, changes in legislation and the advent of the computers and the internet.

Day trading is a full time business with possibilities of profits and losses. As a day trader, you need to nurture a right attitude towards profits and losses. An occasional loss should not prove depressive enough to make you lose your heart altogether and deter you from continuing with your trades.

According to Bruce Kovner, if you personalize losses, you cannot trade. As a good trader you should not have any ego. You must learn to swallow your pride and get out of the losses. You must gain the strength to take your losses without wavering in your determination to win. This can be done when you eliminate fear, doubt and hesitation from your mind as these negative thoughts may prevent you from taking a balanced approach. Eliminate the emotions that can vitiate the chances of your success.

On the other hand, a good profit from trading should not cause so much euphoria that you lose sight of your focus and take unnecessary investment risks that defy common sense. At the same time you must always be ready to learn from your mistakes and be open to constructive suggestions.

It is also recommended in this context that you should maintain a journal of your important day trading events detailing reasons about profits and losses. You should try to analyze which strategy won you profits and what mistakes led to losses. Mistakes are more likely to occur while making the technical analysis of the charts and graphs. Your own journal can become a handy reference material to guide you through your future day trading problems. It will also help you to avoid mistakes and develop your winning strategies.

It is very important to learn the art of risk management in day trading. Risk management can make a lot of difference between success and failure. You must control your emotions and urges and ensure that you are around to trade tomorrow.

Great day traders are great profit and risk managers. It is always advisable to take small and affordable risks. It is generally recommended that you should risk % to 1% per position. In any case the risk should not exceed 2% of your investment. The idea is that you should be able to trade the next day as well, which would not be possible, if you blow out most part of your capital today. If you do not have any money to trade the next day, how are you going to earn your living or make profits? So your each position should be so small that you can give a damn to your losses. Suppose you are investing a total of $20,000, a loss of, say, % will not amount to too much.

You should develop a winning mindset based on the mental/emotional rules of a winning trader. Develop a detached attitude towards trading and reduce the stress that is usually associated with gains and losses in stock trading. This will enable you to travel your path with confidence.

Stock trading remains unpredictable despite the advancement in research and analysis techniques. It is somewhat like a game of roulette. Each flip is independent of the other. If you bet on black and win, it does not follow that black would win you again. Your next trade has nothing to do with your previous one. Each stock has its own features and has to be analyzed in its own perspective within its own parameters.

The stock trading market is an ever-changing entity. It presents unique challenges in different scenarios. If you want to succeed in day trading you have to develop an intuition in dealing with the unprecedented financial situations every day. You, therefore, must develop an ability to adjust to the changing market circumstances.

Pricing and Features for Sogotrade Investment Packages: online investment

Sogotrade Interest Rates and Fees: trading stock options

Reuters - Goldman Sachs Group Inc said on Sunday its Chief Executive Lloyd Blankfein and six other top officials will not get bonuses for 2008.

Learn Forex Trading Online
Peter Preston Why Equality Is Not A State But An Everlasting Argument Guardian
Car Lease Swapping

Day Trading - Getting Ahead Early

When you turn on your computer in preparation for the trading day, the one and only thing you should care about is finishing up on the day. I personally do not subscribe to the idea of only trade the charts and everything will take care of themselves. You have to make a conscious decision of whether you want to finish up or down for the day. You are the only person that controls if this becomes a thought or a reality.

10-Run Rule
My mom recently sent me an article from my high school baseball games from my senior year when we won our conference championship. In the clipping it described how we ran through our division dishing out 3 10-run rule spankings. I thought to myself, every day trader needs a 10 run rule. This 10-run rule is the point you set per day that tells you that the game is over. If you do not know your 10-run rule, a ugly day will turn into a debacle and you are not ready to trade on a professional level.

Take the first pitch
My coach Paul Bernstorf would tell me to work my count. Don't just go out there hacking at every pitch. In day trading, one needs to exercise this same sort of patience. Depending on how actively you trade the market, you will be presented with more than enough trading opportunities. So, take the first pitch, wait to see how the market is trading and how well your system is fairing in the current market environment.

Swing for singles
Whenever you start trading, the first thing you want to do is swing for small gains. Depending on your investment style and timeframe, you need to decide what small gains means to you. For me it is anywhere between .5% and 1.5%. My goal is for every $10,000 I use per trade, to get a minimum of $250 dollars in the bank before 2pm. From this point on I will not risk more than .75% per trade, thus allowing me to make three blunders and still walk away a winner for the day.

Swing for the fences
Once I have my $250 per $10,000 invested safely in the bank, I can now swing for the fences. This does not mean that I let my stops go, but rather when I'm in a winning trade, I look for larger price targets and are willing to give back more of my gains. The power of this is that I'm now allowing my gains from earlier in the day to compound while still ensuring I walk away a winner.

Final Box Score
Day traders make the mistake of always looking to hit the big one, or rather putting on too many trades in one day. Because you are day trading does not mean you can just toss aside common sense rules of how to make money. If you are down $100 dollars and you are in a trade that's up $210, take the money. Get in the black for the day. The worst thing you can do is to not get ahead. What will happen over the course of a month is losing days will make up 20% of the days, winning days 60%, and homerun days another 20%.

Al Hill is the co-founder of mysmp.com (My Stock Market Power) which provides education on all topics finance; including stocks, bonds, options, futures, forex, technical analysis, and more! Please visit http://www.mysmp.com for more free financial educational content.

Reuters - Roche Holding AG is sticking by its $43.7 billion offer to buy out the rest of Genentech Inc it does not already own, its pharmaceuticals chief said in an interview published on Sunday.

Online Forex Trading Business
Rated Stock Trading Software
Forex Traders Signal British Pound Rallies Against Us Dollar Daily Fx Via Yahoo

How to Use Japanese Candlesticks in Forex Trading

In the 1700s a Japanese man named Homma, a trader in the futures market, developed a method of technical analysis to analyze the price of rice contracts known as candlestick charting. Candlestick charts display the high, low, open, and close for a commodity each day over a specified period of time, in a format similar to a bar chart, but in a manner that maximizes the relationship between the opening and closing prices.

A narrow line shows the day's price range. A wider body marks the area between the open and the close, referred to as real body. If the close is above the open, the body is white or green (not filled); if the close is below the open, the body is black or red (filled). Steve Nison is normally credited with popularizing candlestick charting in the west and is recognized as a leading expert on how a trader might interpret the readings.

Candlesticks provide specific visual cues that make understanding price movement easier. Trading with Japanese Candle Charts allow speculators to better comprehend market feelings. Offering a wider range of information than traditional bar charts candlesticks give emphasis to the relationship between close price and open price.

Traders who use candlesticks are likely to more quickly identify different types of price action that tend to predict reversals or continuations in trends. Furthermore, combined with other technical analysis tools, candlestick pattern analysis can be a very useful way to select entry and exit points.

Candlestick charts are much more appealing and understandable than a standard two-dimensional bar chart. There are four elements necessary to construct a candlestick chart, the OPEN, HIGH, LOW and CLOSING price for a given time period.

There are multiple forms of candlestick chart patterns:

White candlestick - signals uptrend movement

Black candlestick - signals downtrend movement

Long lower shadow - bullish signal

Long upper shadow - bearish signal

Hammer - a bullish pattern during a downtrend; Shaven head - a bullish pattern during a downtrend;

Hanging man - bearish pattern during an uptrend

Inverted hammer - signals bottom reversal, however confirmation must be obtained from next trade;

Shaven bottom - signaling bottom reversal, however confirmation must be obtained from next trade;

Shooting star - a bearish pattern during an uptrend

Spinning top white - neutral pattern, meaningful in combination with other candlestick patterns

Spinning top black - neutral pattern, meaningful in combination with other candlestick patterns

Doji - neutral pattern, meaningful in combination with other candlestick patterns

Long legged doji - signals a top reversal

Dragonfly doji - signals trend reversal

Gravestone doji - signals trend reversal

Marubozu white - dominant bullish trades, continued bullish trend

Marubozu black - dominant bearish trades, continued bearish trend

Candlestick charts are a visual aid for decision making in stock, forex, commodity, and options trading.

This is a very simplified primer on Japanese Candlesticks.

If you are not interested in this much detail I suggest that you research automatic Forex Trading systems.

If you would like to read about an amazing automatic Forex Trading System: Go here http://forexprofitswhileyousleep.blogspot.com/

Reuters - Richard Fuld, the chief executive of Lehman Brothers Holdings Inc, will step down by year's end, and not receive any bonus or severance when he leaves, a company spokesman said on Wednesday.

Forex Trading Courses And The Strategies Learned Need To Have
Toronto Stock Market Sharply Lower On Plunging Commodity Stocks Canadian
Risks Of Day Trading

12 - Steps to Good Trading - Step 2 - Using Your Imagination

Not long ago I was reading the book Imagine That by Dewey Friedel. It was a timely read as it coincided with my plan to lay out these 12-steps to good trading and especially the second step, which is Using Your Imagination. In the book he describes an event in the French Revolution where an experiment in a prison showed the power of imagination and suggestion. A prisoner sentenced to death was told that he would not be guillotined as was the custom then Instead he was told that one night the guards would come in and put a sack over his head and he they would slit his wrists and he would just fall asleep and die. I guess they left this thought for him to stew on a while and finally the night came where they came to him and stuck a bag over his head then proceeded to run ice over his wrists. He felt the cold wetness and laid down and went to sleep and within 20-minutes he was dead.

Now I don't know if this is a true story or not. I am guessing if it is true that it was winter or something because I just cant picture how else they come up with ice back then. Regardless of whether the story is true or not it illustrates a truth about the power of our imagination over our lives and also in our trading. A lot of people die a death like this with every trade by focusing on the bad that can happen. It is my belief that we get what we focus on....good and bad. This is a Biblical law written plain as day in the Bible so as a Christian it is easy to believe but even before becoming a Christian this truth was playing out in my life. Modern marketing is catching up with some of those laws in the form of books like The Secret and techniques like NLP and we cant ignore them as a factor in our trading.

I am including this topic early in the 12-steps because it is a foundational one that will be used in every aspect of our learning period. It is vital that we learn to use our active imagination to reflect on the things we want to accomplish and to master our methods and understanding of the market. I say active imagination because this is a step in which you have to redirect your thoughts to those things you need to focus on and meditate and imagine those things playing out. If you don't your own emotions and outside forces will drive your thoughts and that will not end up well for you or your trading. We are always in thought and imagining on some level. Lets choose our own topics.

At this point we don't have a trading method to talk about with examples, nor should we because we are building from the ground up and the entry method is the last part you need to worry about, but I am going to make some suggestions now to start building this mental muscle of imagination and when we do get a method to work with we will just apply that muscle to learning and becoming one with the method.

Lets start with something really easy and useful. Each day during the next two weeks before the next step is released I want you to start each day by doing your breathing exercise as you learned in step number one. Do this on your knees or sitting down so you don't fall right back asleep. After you have reached your calm place your mind should be clear. What you want to do is to actively imagine your day. See it played out the way you want it to go. If you are already actively trading with some method you can include some of that but see the whole day through and don't get bogged down on individual trades or anything too specific. See the outcomes not all the details at this point. When I say "see" I mean see it in your mind and feel those feelings. If it makes you smile while doing it then smile. The whole thing should only take a minute or so. You are not running through the day in detailed real-time speed but just breezing through it like a to-do list almost with pictures and feeling. Feel, see and hear as much as you can without stopping in on any one thing too much. Focus on the results or outcomes.

This may be very difficult for some of you at the start if you have not done it before. So would bench pressing 300-pounds or running a marathon. We are building a muscle. If what I described seems like too much then just imagine your morning or the next hour or two. It's the concept not the specifics. We want to build this muscle so when we get into charts and visual stuff you can have something to work with. We are also building upon the step we already learned, which was to control our breathing. After you do this morning exercises take 2-minutes to write out what you imagined your day would be like in a journal. It doesn't have to be too detailed at this point. You just want to get it down on paper. As the day moves forward and you feel under pressure from outside forces and you catch yourself imagining or focusing on what the world throws at you then return to your journal so you can see what you wanted for your day and get back on track.

I said not to get bogged down on specific details in this exercise. However, if you have big items in your life that day or in the near future that you need to spend more time on then once you finish your daily outline and journal you can go deeper into those items and see them through the way you want them to go. Just don't do it until you get your broad day down in your journal. Using the power of your imagination to visualize those bigger items through completion will help your prepare and find peace. Just actively take control and not let the dialogue or whatever develops take you out of your controlled breathing and calmness. When it does start to do that just actively clear your head by placing your tongue just below and behind your upper teeth and focus again on your breathing.

If you are really struggling with this idea of using your imagination let me make a suggestion that might help. Imagine something you have already done and will likely do again such as going to the grocery store with a list. See yourself get to the store...walk in...glance at the list...grab the cart...flash to the isles...cart is filling...next item...next item...look at the check out....number 8 looks clear...put items on the sliding thing....swipe the card...smile...say bye...go home...etc.

It may take using your memory muscle to develop your look-ahead muscle. The only difference is the timeline. You need to be looking forward in time so make that shift. Work on this for the next two weeks and email me when you have trouble or need help. Actively combine steps 1 and 2. We will be using our imagination when we get more into the market. When you are in control of your own imagination and not letting it run free under the influence of every suggestion the world throws at us then you have real power and learning is accelerated. And just as important, we get in our lives what we actively focus on or imagine.

I promise you that we will be getting to trading specifics but if you don't have this stuff in your arsenal you will be just like every other person who fails so stay with me and we will build it from the ground up.

To learn more about using your imagination for trading or to learn more about my trading method and trader support system please visit http://www.wattstrading.com

Ryan Watts is a full-time technical trader, money manager, and trading coach with over twelve years experience in short-term trading. For more information on his trading system and live trading room visit http://www.wattstrading.com

Reuters - U.S. auto sales plunged near 25-year lows in October, led by a 45 percent drop at General Motors Corp , with no sign the industry's year-long slump had hit bottom and doubts persisting that all the major automakers can survive.

My Share Trading Asx Sharemarket Trading Stocks Investing
Russian Stocks Slump On Higher Loan Rates For Brokers Oil Drop
Trading Services

Quick and Easy Forex Trading Basics

Forex trading is also known as Forex currency trading. Trading Forex involves the buying and selling of currency pairs such as the EUR/USD, etc.

Trading is different than investing as it is typically much shorter term in nature. A Forex trader may enter and exit a trade in as short as a few seconds or is long as several months.

Trading the Forex market has become extremely popular for a number of reasons. One of the biggest reasons is that they are is tremendous liquidity in the Forex market. Liquidity makes it easy for traders to enter and exit trades.

Another big factor in the popularity of the Forex markets as leverage. Whereas the typical amount of leverage we may have in any stock trading margin account is 2:1, leverage can be as high as 200:1and Forex. We can now take a look at a quick example. Buying 100 shares of a $10 stock without margin would cost $1000. If we wanted to use margin we would actually have to have the $1000 in our account and use a 2:1 margin to buy 200 shares of the $10 stock. In Forex trading that same $1000 easily control a contract valued at $100,000.

Another reason for the growing popularity of Forex trading is the growing number of online Forex brokers. This makes it particularly easy for any of us to trade from the comfort of our own home or even on a lunch break at work.

Low relative transaction cost are yet another reason for this increased popularity. The transaction costs in Forex is relatively low compared to the contract value. When this situation occurs it is possible for traders to still maintain good profit profiles while trading frequently. This is, of course, why day trading Forex is extremely popular amongst traders.

Get your copy of our free Online Forex Trading report at http://www.EffectiveForexTrading.com.

Reuters - Lloyds TSB , the British bank which has agreed to take over HBOS , could face competition from the founder of HBOS's internet banking unit who is working on a rival bid, Britain's Sunday Times newspaper reported.

Fears Over Hedge Fund Takeover Hurt Inmarsat Guardian
How To Swing Trade With Options
Registering Your Trade Mark

Forex Factory - How To Prepare For Your Trading Session

The Forex Factory web site is a very popular site among developing Forex traders as shown by an Alexa rating of around 5,400 most visited sites on the web. Any site within the first 100,000 gets serious traffic!

Forex Factory provides 3 main services listed in my personal order of importance:

• Calendar
• News
• Forum

Calendar

The main attraction of the Forex Factory calendar of upcoming economic reports and fundamental announcements is that it is so visual and easy to read.

A color coding system gives an indication at a glance as to how volatile the announcement is expected to be:

• Yellow - Low Impact
• Orange - Medium Impact
• Red - High Impact

Another good feature of this calendar is the ability to customize the time to your own time zone. So instead of having to add or subtract a certain number of hours from GMT to arrive at the time of the economic report in your country, you can set the calendar according to your time zone and see the time accurately displayed.

This feature saves some confusion and prevents a newer trader from leaving a trade in around a volatile news report because of getting the time mixed up!

News

A number of news reports are featured daily from authorities and advisors in the financial markets.

Within a few minutes the trader can come up to speed on the latest economic factors that might impact the market.

Forums

The Forums at Forex Factory have a huge appeal as indicated by the thousands of users online each day.

The forums are divided into various themes including:

General Discussion

Trading Systems

Broker Discussion

Forex Beginner Questions and Answers

How To Get The Best From Forex Factory

For me, the calendar is by far the most useful feature at Forex Factory. I consult it each day in preparation for the next trading session and make sure I am out of the market around volatile news releases (flagged by the red icon) and also many times the medium impact reports (flagged by the orange icon).
The News feature is also useful to get a broad overview of market sentiment. At the same time caution is needed if you use technical analysis as your main trading tool as the comments and opinions of others can sometimes blur your own analysis and lead to flawed trade entries.

You may have detected a perfectly good trade setup and the trade is going well. Then as it starts to stall the comments of a news analyst come to mind and you exit prematurely from what could have been a very profitable trade.

So it is good to view the News objectively and coordinate it with your own technical analysis.

Forums - Be A Little Cautious

For newer traders the discussion forums can be helpful in bouncing ideas off other newer traders. One of the main benefits is encouragement and motivation from hearing how others are getting on.

However, as to whether you can get good trading tips and strategies from the forums is in my mind a little doubtful.

After I attended a Forex seminar run by a licensed professional who trades the Forex every day and is a fund manager, I noted his comment that the really successful Forex traders rarely have time to visit online forums and participate in discussions. They are too busy making money on the Forex!

So as long as you approach forum discussions with the realization that most participants are also in the learning stage, you can evaluate their comments and suggestions accordingly.

There is no doubt Forex Factory (forexfactory.com) provides an excellent group of services for newer Forex traders. Definitely use the calendar to the full and depending on your level of expertise, use the News and Forums features to gain a better perspective of daily market activity.

For a free pivot point calculator, Fibonacci calculator and the best free economic calendars click here:

http://www.vitalstop.com/Forex/tools.html

For a free candle & chart pattern recognition reference tool click here:

http://www.vitalstop.com/Forex/Candle-Chart-Patterns

How do you trade the non-farm payroll report? Read this:

http://www.vitalstop.com/Forex/Advisor/forex-strategy-non-farm-payroll.htm

Reuters - Stocks climbed on Thursday as investors snapped up shares trading near their lowest levels in five years on optimism that aggressive rate cuts by global central banks, including the Federal Reserve, will help cushion a worldwide economic downturn.

Day Trading Program
Free Stocks Trading
Automated Forex Trading System Online Forex Investing

What Should You Know About Forex Trading Software System!

Most People who make money from the foreign exchange market use a profitable forex trading software system. That's just one of their advantages in front of the people who lose money with their trades.

Why do they use a forex trading software system and what are the advantages of using a software like that?

There are many benefits and the best one is that with a forex software they will take and make money on every opportunity available.Let me give you a short but clear example.As you know the currencies are traded at any hour of the day because of different time zones.

It's 3:00 Am in the morning and you are sleeping,while in your account stands 5000 euros ready to be traded. The euro level raises at 3:10 Am with 10% but you can't trade them because you are sleeping, so you lose that opportunity. That's just one difference when using a software.

Another benefit of using a software is that it will also reduce the risk of losing money of your trades, with mathematical calculations.Some of these software programs even have a demo account where you can use the software without risking any real money.

If this isn't enough to make your trading easier,faster and safer then read another benefit of a forex trading software system: usually the software is developed by expert forex traders, which make thousands every day. They know how important it is to get and have buy/sell trading signals so they implement this thing in the software. If you were paying to receive signals, then you should know that you will not pay for signals if you use a software. Some software come with ebooks and other profitable that you can use to improve your trading skills and increase your profit.

If you want to know which is the best forex trading software system and get a free gift Read More Here. Tomorrow it could make the difference between earning 1000$ or losing 1000$.

The Best Forex Trading Software System REVIEWED

Reuters - Wall Street marked its second-best day ever on Tuesday as investors, convinced that central banks worldwide will cut rates even more, scooped up stocks that had been driven down to their lowest prices in more than five years.

Mid Day Forex Technical Report Yen Firm As Investors Remain Cautious
Regulators Seek To Increase Confidence In Fortis Update1
Portable Trade Show Exhibits 10

Start Trading Like the Pros With Forex Trader Software

An increasing number of forex traders are using automated software to do a lot of the gritty work for them. The number of traders who use forex trading software with their campaigns has jumped 7% in the last three years to show that the forex market is going increasingly automated. Why do they do it? In a word, it's more accurate. It's more accurate in a few ways.

The most obvious of these ways is the fact that forex trader software comes with signal generation. This more or less analyzes the market's trends and changes, past and present, to piece together what will happen next in any given set of forex pairs. You can then trade these forex pairs accordingly and ahead of the curve. The best of these programs are incredibly accurate, many of the top traders swear by them. In fact, many of the former and current top traders and experts are typically the co-publishers behind these programs. They are programmed using precise mathematical algorithms to eliminate human error and instead rely strictly on cold, calculated numbers to give you the most precise predictions.

To fully take advantage of "tips" or predictions, you've got to be able to react at a seconds notice. As this is near impossible, another benefit of forex trader software is that it can be completely automated. In other words, you just steer the program in the direction you want it to go, and it's off. You can focus your attention to other things from your day job to spending more time with your family. This is especially handy when you consider the fact that the forex market keeps much longer hours than the traditional stock exchange. It practically never closes, save for a few twilight hours over the weekend. When you approach things this way, there is no substitute from using forex trader software if you truly want to be successful in this market.

All in all, forex trader software makes for a reliable source of income. As there are a number of competing programs in this industry, it helps to be able to separate the leaders from the lemons. Visit http://www.forexautotradingreviewed.com for in depth reviews and comparisons on the leading forex trader software available today.

Reuters - MasterCard Inc and Visa Inc said they agreed to pay credit card issuer and network Discover Financial Services Inc a total of $2.75 billion to settle a lawsuit over anti-competitive practices.

Stock Trading Accounts
Top Online Trading
Now Hiring Jobs For Those With Middle Skills Kane County

Forex Trading Systems

Forex trading systems; where to start? Well let's start with you. If you're like most people you want a lot of money and fast but want to do little work. Don't be ashamed to admit it, I'm the same way. This is where Forex trading comes in. Forex trading in general is a complicated process to understand and master but the fine "elite traders" and "elite advisers" have made life easier on us lazy folks by introducing Forex trading systems. Plus they make an extra buck on the side which is always nice.

The concept of a Forex trading system is simple; it tells you what to do step by step. Forex trading systems come in many mediums, some superior than others. For example there are seminars, books, e-books and autopilot applications. Settle down tiger, I know you're excited about the word autopilot but I'll get to them later I promise.

Seminars while good and filled with information from elite traders, are tricky. I say this because a decent one will usually cost you a pretty penny and depending on the person you may or may not be allowed to take notes/record the session. So there are some things to research before attending/spending a dime on one. If you're not allowed to take notes or record the session how good is your memory? If you're like me you forget what you had for dinner 3 days ago.

Book and e-books are excellent references if you're interested in learning everything about trading. This also opens the option of one day creating your own Forex product and making even more cash which is what we're all about, right? The downside to this is the process is usually trial and error and you may or may not lose large sums of money you've invested. That's not cool... seriously.

And finally we have autopilot applications (I told you we'd get to them). These are taking the Forex trading market by storm right now. Any of the best selling ones (Forex Tracer, for example) are designed by expert advisers and elite traders so you know you're getting quality stuff. A lot of these "elite traders" are angry at those who release such programs and they attempt to bash them. Why? Because we (the lazy folks that just want money) are taking money they could be earning. Boohoo, that's what I say.

Forex autopilot applications are highly effective, besides the fact they've developed insanely complicated algorithms, they've put them through insane amounts of testing before releasing them. You think you've heard the best part? Think again. First they require no previous experience and they're dead easy to use (and come with instructions so it's a total no-brainer) and second most offer a function where you use "fake money" (no, not counterfeit money... it's play money). Essentially you can play the trading game and see how much potential profit there is before even investing a dime. Now that's something we like to hear.

So yeah, that about covers it. If you're interested in listening to what a guru has to say look for a seminar by an elite trader. If you're interested in actually learning the complex market o' Forex trading you should grab a book or e-book and get reading. But if you're lazy and just want money like me grab an autopilot application and go to town my friend!

For reviews of the top three selling Forex trading systems click here

AP - Argentina's surprise move to nationalize $30.1 billion in private pension funds amid the global fiscal crisis has driven the nation's benchmark stock index down 20 percent in two days.

Program Trading Stock Selection
Top Ten Trading Ebooks How To Trade Stocks
Morgan Keegan Downgrades Arkansas Best Arkansas

Rule the Currency Market With the Best Forex Trading Indicator

That's right! You can really make some nice, consistent profits with the best Forex trading indicator. Of course, you are wondering when I am going to tell you what it is. OK .. drum roll please .. it is the most time tested and reliable Forex trading indicator .. known as .. the 200 Day Moving Average. Yep, it's the ole' faithful instrument used by more money managers and large institutions than any other indicator. The truth is that this trading indicator is so effective because it works as a result of those who work it. Let me give and example: A certain currency is trading above its 200 day moving average. Five of the big money managers in some of the largest financial institutions see the currency is above this mark and as a result they move on it .. going long that currency. Guess what happens when the "big boys" make that move? That i right, the currency goes up. Why? Because it is the big money that moves the markets. it has always been that way and always will be.

Now, I am not suggesting that you go and find any currency trading above the 200 day moving average and go long that currency. Nor am I saying that you should short a currency that is trading below the 200 day moving average. Here is what it comes down to: Start with currencies that are above the mark (200 day moving average) then learn to use other indicators to confirm your move. I also suggest using a reliable trading software program that provides timely and effective trading signals (I have included a couple of links for review sites that can give you an objective look at what has a good track record and what does not).

Good trading ahead as there is always opportunity to make money on the Forex market.

Get an Objective Review of the Most Popular Forex Trading Software Programs. Best Forex Trading Indicator is the place to visit.

See What Forex Trading Software REALLY Works! forex-trading-system-review.com is the place to visit.

Reuters - U.S. federal prosecutors probing the collapse of Lehman Brothers Holdings Inc have subpoenaed other securities firms, asking whether their analysts were misled by Lehman about its financial health, the Wall Street Journal said, citing people familiar with the matter.

Learn Online Stock Trading
Online Trading Platform
Factory Sponsored Low Interest Rate Car Financing

Day Trading Rules to Live By

Most people looking to make money in the markets believe that the answer lies in finding some simple technical analysis strategies that will catapult them to profitability.

The truth is that trading is not as simple as beginners believe. It is a profession, and like any profession it requires a learning curve. Reading a book or getting a few simple "tips" is not going to turn you into a professional trader.

After studying for a length of time, it's not uncommon for students to begin their search for the "holy grail."

They search for more indicators, chart patterns, gurus, alert services or the latest secret day trading strategies and other things that will provide their answer to becoming successful.

But here's the fact. Success lies within you .. and it won't come easy.

In fact, one of my favorite success principles is this:

"Successful people do what unsuccessful people are unwilling to do."

Let's apply this to trading in the form of my list of "Day Trading Rules to Live By" ... all of which have to do more with you than with the market.

1. The consistency you need is in your mind, not in the market. Many in the market get frustrated because the market often behaves differently than they expect. You can't rely on the market to be consistent. It is largely a random walk. But there are times when the market does setup with a probability scenario that gives you an edge. Your job is be consistent in trading those probability setups and trade them every time they occur.
2. Trade like a cat. Most beginners over trade. It's one of the most common trading sins. Your job is to be better than other day traders in having the discipline to wait like a cat in the brush until just the right moment (your high probability setup) and then jump on the trade without hesitation.
3. Successful trading is simply a game of not making mistakes. Keep a list of your day trading rules posted on the wall or on your monitor and then follow those rules perfectly. You must be more disciplined than the average trader. Never depart from your rules no matter how good a trade "looks" or "feels" to you if it violates your objective and back-tested rules.
4. Only trade when you are in an optimal emotional state. Never trade when you are tired or are in an emotionally unstable situation (after a fight with a spouse or friend for example). Day trading is more like athletics than academics. Trading on such a short time frame requires you to be able to make split second decisions, and you're risking a lot of money when you do. Make sure your mind is sharp and your emotions are centered.
5. Keep a detailed trading log. Every day trading course I've seen has a trading log. Yet my experience in dealing with trading students demonstrates that less than 10% of them actually use it. This is a huge mistake. Not only should you log every trade, but you should also record how you felt and what you were thinking as you took the trade. In this way your logs will become a type of "biofeedback" mechanism for you. Personally, this was the difference that made all the difference for me.

These 5 day trading rules are not the type of rules that you were probably looking for. The masses want rules about indicators, price bars, where you get in and where you get out.

Granted, you definitely need clear objective rules about those things as well. Yet thousands of traders have those types of rules, and yet continue to fail because those rules are about market action.

They fail because they don't have, or don't follow, the more important rules the rules about their own action.

If you find yourself resisting the importance of these rules about your own behavior, realize that you are one of the masses who feels the same way. But since the masses fail at day trading, you must set yourself apart and do something different than them.

Following these 5 day trading rules are what the retail traders fail to do. Not because they can't do them, but because they are unwilling to do them. And remember, "Successful people do what unsuccessful people are unwilling to do."

Dr. Barry Burns is the owner of Top Dog Trading which teaches people how to avoid the long learning curve in day trading

He started his study of the markets under the direction of his father, Patrick F. Burns, who became independently wealthy through trading and had over 70 years of trading experience before passing away in 2005.

He has been the featured speaker at DayTradersUSA, and developed a 5 Day Course for WorldWideTrders.

Dr. Burns has been a headlining guest speaker for the Market Analysts of Southern California, given seminars around the country at many Wealth Expos as well as many Traders Expos, been interviewed on the Robin Dayne "Elite Masters of Trading" Radio Show, and is the former moderator of the FuturesTalk chat room.

He has a doctorate in Hypnotherapy and is a certified NLP practitioner, and therefore able to help people with the psychology of trading.

Reuters - Exelon Corp said on Sunday it made an unsolicited offer to acquire NRG Energy Inc for $6.2 billion in stock, in a move to expand geographically and boost earnings and cash flow.

Introduction Online Currency Trading
Online Trading Community
Excite Search Japanese Trading Companies

Pay Taxes For Forex Trading - US Traders

You finally start to profit and you are all excited about your just withdrawn cash when it suddenly hits you - what about taxes? How are my profits taxed and where should you report your income? What kind of documents should you fill in and how to keep IRC away from knocking on your door in the middle of a happy sunny day?!

I don't know about other countries (I promise to investigate though!), but US traders are definitely required to pay taxes for foreign exchange profits. It sucks, but that's the law, so unless you are planning to move to Europe or Middle East, you should continue reading!

US forex traders can choose to be taxed under the tax rules of regular commodities (IRC Section 1256 contracts). Another options is to be taxed under the special rules (IRC Section 988 - Treatment of Certain Foreign Currency Transactions)
Good thing about Section 1256 for forex traders is that when you report your capital gains on IRS Form 6781 (Gains and Losses from Section 1256 Contracts and Straddles) you have the right to split your capital gains on Schedule D using a 60% / 40% split. What the hell is this split??

• 60% of the capital gains are taxed at the lower capital gains rate (currently 15%)
• the remaining 40% at the ordinary capital gains rate (as high as 35%).

What about Section 988? What is it and how to deal with it?
With Section 988 the gains and losses from forex are treated as interest income or expense and get taxed accordingly. There is no 60/40 split and, to make things even more complicated, since forex traders deal with daily exchange rate changes, the trading activity also falls under the provisions of Section 988. However, IRS isn't THAT evil - daily exchange rate changes can be considered part of a forex trader's assets, a normal part of your business. So IRS gives you an option of rejecting (OPTING OUT) of Section 988 and tax your gains under lovely 60/40 split of Section 1256.

How to get rid of (or OPT OUT) Section 988?
There is no need to file anything with IRS to opt out Section 988. However, you are required to do file "internally" before you even start trading for real. What do I mean by internally? You have to keep records about the fact that you are opting out of Section 988.
Majority of forex traders wait a year or so to see what kind of profit they get from forex trading and only then claim that they opt out of IRS 988. The last time I checked IRS can't really check whether a forex trader opt out Section 988 at the beginning of his trading activities or later on, and therefore IRS still let this trick pass.

How to pay your forex taxes?
US forex trader will get 1099 forms from his US-based forex broker at the end of the year. If your forex broker is based in another country you still have to get the reports and forms from your accounts and get some professional tax advice.

Forex trading is becoming more and more popular and eventually IRS will catch up with some new regulations. Meanwhile, try to enjoy the advantages of the current tax requirements on forex trading. And here is my advice - don't try to skip taxes!

Check out more forex articles, tutorials and forex brokers reviews at http://www.forexexplore.com

Read and leave your comments at ForexExplore Blog - http://www.forexexplore.com/blog.html

Find top forex brokers here - forexexplore.com/top-forex-brokers.html

Compare all forex brokers on one page - forexexplore.com/forex-brokers-reviews.html

Latest forex bonus and promotions - forexexplore.com/all-latest-bonuses.html

Free forex tutorials - forexexplore.com/sections.html

Reuters - Consumer confidence suffered its steepest monthly drop on record in October and construction starts on new homes fell to a 17-1/2 year low the previous month, as the financial crisis sent shock waves through the economy.

Learn Forex Trading
Custom Built Crates Skids Vapor Barriers Trade Show Crates
Emini Day Trading Advanced Trading Workshop

Forex Trading Education - Learn Automated Forex Trading

Do you want to learn how to trade forex or learn automated forex trading? Well many people tell you you need to be an expert to trade in the forex market. But honestly, you do not need to be an expert. Do you know why? Well thanks to advances in technology, forex trading robots have been developed. These robots can literally make you thousands of dollars every single day. All you need to do is buy a trading robot and activate it (Put money/a capital) and your set to make money. Even better is that they run on complete auto-pilot which means you never how to actually trade forex yourself because the robot software will do it for you.

Some people just let these software's run on auto-pilot and then make some serious profit. This is not the smart thing to do because you are not actually learning how to trade forex. So what should you do to become better at forex trading with auto-pilot software? Well you should study when it makes the trades, how much it trades, and its techniques. You could consider this software your Forex Trading Education. You will be amazed by how much the software's teach you and how much money they make.

A good trading robot will only make trades if there is a huge chance of profit. I make over half of my income with forex trading bots. I currently use 2 trading robots. I reveal both of the robots I use in the link below. Everything is done on auto-pilot and 95% of the time I come out with a decent profit. My best day was 3,000 dollars profit and my best week with Automated Forex Trading was 16,000 dollars profit.

Do you want the very best forex trading robot? Well I have some good news for you, I bought and tested the top 7 forex software's and put a review of the top 2 on my website: ForexTradingReview.Info. I made over 900 dollars a day with one of the softwares listed on that site. Just Imagine if you purchase a couple of profitable softwares!

You have to be very careful when purchasing a software though. Some of the software's just sit around and never make you any money. If you want to make thousands every week with forex I suggest you take a look at the website: Forex Trading Review

Business

Daytrading Tax
Florida Trade Show Booth Orlando Fl Trade Show Displays Trade
Finnish Gunman Kills 10 At Trade School

The Hidden Secret of Technical Analysis

Did you know that there is a whole 'other world' of technical analysis that most novice traders are either totally ignorant of, or fear to go due to the fact that it might actually require some work?

Well, there is! And I'd suggest that if most novices fear to go there, then perhaps it might be worth some investigation.

What is technical analysis? For most novice traders it seems to be one of, or a combination of, the two following approaches:

a. The art of defining recent price action through classical charting techniques such as the Dow Theory definitions of an uptrend and downtrend, and recognition of patterns such as channels, triangles, head and shoulders, cup and handles, and on and on, or

b. The art of representing price action through the numerous indicators available on your charting platform, such as moving averages, stochastics, MACD, and on and on.

This is great. It's a good start. But the fact is that no matter how we define the structure of the market, whether based on Dow Theory, or Elliot Wave Theory, or through an indicator based approach, it is important to remember that this structure defines PAST market movement. It's a simplification that allows us to quickly identify what happened in the past.

Profits come from future price action though, not past price action. So having defined past price movement, these traders then use general rules associated with that past price action to justify an entry into the market.

For example:

* "The break below the neckline in a head and shoulders pattern is a great entry short, with a target equal to the distance from the neckline to the peak of the head." - so having identified a breakout down, they enter short.

* "A moving average crossover is an indication of a change of trend" - so identifying the EMA 10 crossing above the EMA 20, the novice trader enters long.

Once again, this is great - hopefully at least better than random entry. These general rules for entry are fine if you're satisfied they provide a slight edge, and you have a complete understanding of the probabilistic nature of price movement, and an appreciation for the necessity of position sizing and risk management. You may well make some profits.

However I'd suggest that there's a whole other world of technical analysis that you're not seeing. That still won't guarantee success (the elusive Holy Grail doesn't exist, so stop looking), but it will provide further opportunity to increase your edge. Use of this hidden world of technical analysis will allow you opportunities to enter lower risk and higher probability trades. Lower risk trades through getting earlier entries closer to support and resistance areas, so you can safely place tighter stops. Higher probability entries, through analysis based more closely on the truth behind price movement rather than a general rule for pattern or indicator based entry.

So where do we find this 'other world' of technical analysis?

Look behind your indicators, or behind the classic charting patterns, and what do you find?

Price action!

It doesn't matter how we define past price action - an uptrend, a downtrend, a range-bound sideways trend, a head and shoulders pattern, an ascending triangle, wave 4 of a five wave pattern. It's just a label that describes an approximation of past market movement.

The label is not important. What is important is the nature of price movement behind the pattern or indicator overlay.

Too many people will say that, because the price is above the 50 period moving average, or because the 10 EMA is above the 20 EMA, or because they have identified a structure of higher highs and higher lows, the market is in an uptrend. They apply a label - uptrend. And that's it, end of story. No correspondence will be entered into. The market is in an uptrend, and they're looking for trades in the long direction.

Looking beyond the "uptrend" to see how price is really moving can allow us to see the internal strength or weakness of the trend. It can provide you with an insight into the fear, doubt or greed of the market participants that create the price action, which then creates the price trend or pattern, or moves the indicators.

I'm not saying you necessarily have to get rid of your indicators - just recognize them for what they are - a useful approximation of the market.

And recognize that if you want to improve your edge, you may need to look behind the pattern, look behind the indicators, look beyond the label, and see what price is really doing.

* Is the volatility of price movement changing, and what does that mean?

* Is the momentum increasing or decreasing? What does that mean?

* Is the momentum of this price move greater or less than the preceding swing, and what does that mean?

* Is the momentum of this price move greater or less than the previous swing in the same direction, and what does that mean?

* Let's go even deeper, and consider the thought processes and psychology of the people who are long (or short) in this trade, and currently sitting on a profit. Where are they looking to exit? Where are they going to take profits? Where are they going to place their stops? What does this mean for future price action?

8 Let's consider the psychology of the traders who are currently fighting this move, sitting in drawdown, sweating on every tick and praying to the market Gods - "If you can just this once turn price around so I can get out at breakeven, I promise I'll never again take such a stupid trade". Where are these people trying to get out? At what point will the fear become so great that they'll just have to get out?

* Let's consider the psychology of the people sitting on the sidelines, having missed the start of the move. Some of these will be professional traders - where will they be identifying a low risk and/or high probability entry into this trend? Some of these will be novices - where is the absolute worst place to enter, having chased the market and entered simply out of fear of missing out on the move? Yes, some people do enter right at the very worst tick possible. Where potentially is that, and what does that mean for future market movement?

The answer to all these questions will make a great subject for future articles. For now I'd just like you to start looking beyond the indicators and patterns, and discover a whole other world of technical analysis - price action.

Examine the current internal nature of price movement - the speed, the momentum and the volatility. And consider how this is likely to influence the decision making of the novice traders who will be entering and exiting the market based on their own fear or greed.

And try to discover how you can use this information within your current strategy to lower the risk of entry, improve the probability of your entry being in the right place, and improve the management and exit of your position.

If you are interested in improving your current edge in the market, analysis of price action may be just what you're missing. Check it out now.

Happy trading

Lance Beggs

(c) Copyright 2008, Lance Beggs

http://www.YourTradingCoach.com All Rights Reserved Would you like to learn more about how I trade the forex and equity index markets? Check out the articles, videos and trading resources on my website right now at http://www.YourTradingCoach.com

AP - With October auto sales expected to fall short of September's 15-year low, General Motors Corp. is launching a campaign this week to reach people who have stopped looking for cars out of fear that they can't get a loan.

Online Trading Website
Oil Price On Downward Path Ert
How Does A Newbie Invest In The Stock

Finding The Best Broker For Currency Trading

If you are trying to find the best broker for currency trading you will want to find the following:

• Personal account management
• Live training, one-on-one help
• Rates, Limits and Stop-Loss
• No software download
• Instant Deposit with Credit Card
• Margin trading with small start up (US$50 - US$200)
• Freeze the Rate you see and trade Forex online
• No hidden costs
• Security and Safety
• Competitive Spreads
• Live Real-Time streaming quotes

This is just an abbreviated list of the things that I look for in a trading platform with a good broker for currency trading. Let me briefly touch on each component.

Personal account management - Ask these questions: Do you have your own account service manager working closely with you? Are the dealing room services are offered to you by expert Forex dealers? Can you speak with them over the phone, over e-mail, or over a chat line.

Live training, one-on-one help - Your broker for currency trading should offer background information for the Forex market, a guided-tour, seminars, one-on-one training, chat, telephone support, forex assistance tools, etc ... If you are using their services then they should provide you with.

Rates, Limits and Stop-Loss - Your broker for currency trading should execute your set rates, including Stop-Loss and Take-Profit rates, by using the latest technologies. Remember, you should not lose more than your Stop-Loss amount at risk, as defined by you.

No software download - I don't know about you but I prefer not to have to use a program that I have to download. I want to start trading immediately. Without a software download required you may login to your account and trade anytime, from anywhere. I like that.

Instant deposit with credit card - It is always nice to have a broker with currency trading that which allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or
hours.

Margin trading with small start up (US$50 - US$200) - A lot of platforms advertise that they have "DEMO accounts" available. That may be helpful to a new trader but far more beneficial is a system that enables you to trade with small amounts as well as large. I would look for a platform that you can start using even with an amount as little as $50! No bank would ever offer you such an opportunity! When trading, you may deposit the sum that suits you, or fits the amount that you are willing to risk. Starting to trade with such small amounts is the best way to get acquainted with the Forex marketplace. Much better than operating "DEMO" accounts, where you are not really risking your own money. After getting familiar with such a system, you may increase your level and scope of activity, as you find fit.

Freeze the Rate you see and trade Forex online - Try to find broker for currency trading that gives you the possibility to Freeze the Buy or the Sell rate that you see for a few seconds, regardless of rate movements. That means that the rate you see and freeze is the rate you get (if you decide to make the deal). During those "FREEZE" seconds, the Forex market could change, however - you are guaranteed to use the rate you have frozen, in case you wish to materialize it into a deal. It will b hard to find this component but seek and you will find it out there.

No hidden costs - This is a big one for me. I do not like being duped. Just be straight forward with me, that is all I ask. Yet, this is very hard to find. I want transparency when it comes to spreads and commissions. A really good broker in currency trading will be transparent.

Security and Safety - Make sure that whatever happens: failure, disaster, etc. your transactions are intact, secure, and backed up.

Competitive Spreads - This speaks for itself, "How many "pips" do they offer as their spread?"

Live Real-Time streaming quotes This is another big one for me. I do not know why a broker/platform would not have this benefit but many do not.

I hope this information helps, I have tried to be as thorough as possible. When it comes to finding the best broker/platform, I have included a link below. it is the best that I have come across. Good luck.

Make a Killing Trading Forex! Forex Killer is the place to visit.

See what a Forex Trading Robot can do for you! Forex Robot is a must.

Reuters - A pair of top Federal Reserve officials on Tuesday highlighted risks to the U.S. economy from the global credit crisis and liquidity squeeze, but did not hint at more interest rate cuts as a solution.

Stockmomentum Com Stock Momentum Trading System Signals
Online Stock Trading Sites
Portable Trade Show Displays

5 Guidelines For Evaluating Your Trading As A Business

Trading is just as much of a business as any other industry. Treating what you do as a business will help you improve your trading, allowing you to trade with less emotion. Constantly set trading goals to work towards, just as you would create goals for any business. Here are a few tips to improve your trading as a business, helping you reach your trading goals.

1. Your Trading Plan is Your Business Plan - Your complete trading plan is much like a business plan. Included in your trading plan planner should be a concrete statement on how to generate profits and your specific strategies. Much like your own business, you should have a plan in place to reach your trading goals. Setting swing or day trading goals is critical to producing consistent profits and staying "in business."

2. Profit Loss Sheets - Bookkeeping may come second to technical analysis and e-mini futures, but it is just as important as day and swing trading itself. You should prepare a profit or loss statement every month and track where you've made money and lost money. If you're finding yourself losing money in the 10 am - 2 pm period of the trading day, you might consider closing up shop during that time.

3. Have a Routine - If you were going to the office every day, you wouldn't go in sweatpants and a t-shirt. You should be dressing the way you want to perform. Getting up early and getting ready just like you would for any other occupation will keep your mind in the game and bring in consistent earnings. You need to treat yourself the same as you would with a business. Set a trading goal for each day and strive to reach it with profitable trading strategies.

4. Use Profits to Grow - Businesses need more capital to expand and make more money and so does your portfolio. Spending a few extra dollars on advanced trading techniques, tools, and strategies will help you be a better trader. Mark each expenditure against the value of your trading portfolio as you would against the bank account of your business. Each investment is an investment in yourself, and it is also tax-deductible, just like any other business expense.

5. You're Buying and Selling a Product - Shares of stocks are products just like an article of clothing or a pound of carrots. Trading is buying and selling a stock for a profit, much like owning a business is buying and selling a product for a profit. Think of each stock like a product; you might have to have "sales" to get rid of extra holdings or to cut losses, but it is all a part of running a business.

Organizing your trading life like your business increases your probability of market success. When you take time to manage your business, invest in your business, and treat yourself professionally, these are the tools to make consistent profits.

About the Author:

Leroy Rushing is an active, professional day trader; trading coach; and author. He is the Founder and CEO of Trading EveryDay, a distinguished provider of educational trading products and services that are available worldwide. Trading EveryDay also has many articles with unique perspectives on day trading.

Reuters - U.S. automakers could turn to Congress after the November election to try to expedite $25 billion in government-backed loans, which Detroit manufacturers consider crucial to reversing their steep downward spiral.

Stock Trading Videos
Trade Foreign Currencies
Autotrader Com Buy Used Cars New Cars Sell A Car Find Car Dealers

FX Official Review - Do The FX Official Forex Trading Techniques Work?

Do the FX Official Forex trading techniques really work? It is a course that claims to teach any beginner how to make a consistent profit from the Foreign exchange market. According to research, only about 10% or less traders are able to generate profit in the long term, and these are the people who have real skills in analyzing the Forex markets. They do not rely on some "a + b then do c" formula. You should only join FX Official if you are prepared to become an expert Forex trader yourself.

Before you start trading the Forex, you should try to have your capital in US dollars. This is because the dollar is easier to convert for transactions since it has a direct conversation rate with almost every other currency.

What Does The FX Official Course Teach?

Every day, the creator of course, Jason, will send his members his systematic analysis of the Forex markets. He highlights the currency pairs that deserve more attention, and explains to you why in terms of potential profitability and risk. By reading his analysis and trading techniques, I have been able to slowly develop my own trading skills and systems as my analytical skills of the Forex market improves.

What Are Some of the Proven Forex Trading Techniques?

1. Never Risk More Than 2% of your Capital per Trade

Although this is not really a trading technique, I feel that this discipline is one of the most important reasons why I make money on Forex now. If you are beginner, it is advisable that you start with smaller trades, because it is at the start where most of your losing trades will come. You don't want to lose too much money while you are still learning from your mistakes.

2. Take Note of both Technical and Fundamental Analysis

You will learn how to master these 2 types of analysis with FX Official, and they are both equally important as they both have a significant impact on how the prices of currency pairs move.

Is the FX Official site a scam? Visit http://www.top-review.org/fx-official.htm to read a FREE report about this Forex training site, or Click Here to Join FX Official!

AP - Global stock markets rebounded strongly on Monday after last week's historic sell-off as governments from Europe to Australia and the U.S. intensified efforts to ease a financial crisis that threatened to the throw the world into recession.

Online Trading Rankings
Non Directional Trading Non Directional Options Trading
Explosive Profits 7 Reasons To Trade Forex

Learn Swing Trading If You Do Not Want to Fail in Forex

I believe some trading styles and systems are more suitable for a beginner trader than others. Swing trading I think one of them. Learning swing trading requires much less effort than say scalping or any day trading technique. Usually a swing trade can take a few days to mature. That's why it is easier to control your emotions when you set up a trade and monitor it on a daily basis looking at it only a few minutes a day. The major benefits of swing trading technique for a beginner trader are as follows.

1. Fewer trades - less spreads.

If you compare swing trading with scalping then the advantage of swing trading is obvious. In scalping there is a lot of emotional pressure when trade needs to be executed in a few minutes. Other than that there is a spread between buy and sell prices. Thus it is better if a trader has fewer trades and a large profit target. Fore example if a spread is 3 pips then by entering 10 trades a trader loses 30 pips already. Small profit targets in scalping make it difficult to succeed for a beginner. On the other hand swing trading techniques usually target much larger profit, usually more than 100 pips per trade. You see the difference.

2. Low level of noise on the charts.

If you look at the higher time frame charts like 4 hour or daily charts you will see that a lot of price patterns are easily identifiable. When you switch to the shorter time frames like 15 minutes and 5 minutes charts there is a lot of noise that can prevent you form seeing the right pattern. Random fluctuations are more prominent in shorter time frames. That's why it is easier to trade using the higher time frames and have a trade last for a few days.

3. Emotional control is easier to master.

I noticed from my experience it is easier to control your emotions once you set a trade with stop-loss and take-profit orders and come back to look how it unfolds only for a few minutes a day. As for any day trading technique you monitor a trade continuously. I think you are familiar with an emotional roller coaster when price goes against your position and goes in favor of it. This kind of emotional pressure quickly wears out your energy and you are more susceptible for making trading errors.

4. Part-time trading

Many people start trading Forex part-time. They are testing this opportunity to see if Forex trading is for them. As I mentioned before swing trading requires only small amount of time to monitor a trade. I personally started with day trading techniques that's why I was amazed by ease when I switched to swing trading systems. Don't get me wrong it does requires time to analyze the market but the time required to monitor the trade itself is minimal.

I even know some traders who started with swing trading techniques. When they decided to become full time traders and switched to day trading techniques they started failing because they were not used to emotional pressure of the day trading. That's why I believe that if you want to become a successful trader you should learn a swing trading strategy first.

Albert Schmidt is a part-time currency trader. After quite a few months of struggle he learned to make consistent profit trading in Forex. Review a swing trading strategy he successfully uses in his trades.

AP - Nearly all the $3.4 trillion in money-market mutual funds is expected to be federally guaranteed for at least the next three months, now that all the major fund providers signed up to participate by a deadline that passed Wednesday.

Cts Currencytradingsystem Com
Google Shares Fall Along With Wall Street Boston
Daytrading Stockpicks

Forex Trading Basics - 10 Commonly Held Wisdoms That Will Destroy Your Account

There is a lot of good forex trading education on the web and a lot which will ruin you. The 10 so called common wisdoms on how to make money don't. This might be why 95% of traders lose, so avoid them and get the right forex education and win.

1. You can Follow a Forex Robot and Win

You can but there are very few robots that do win.

It's an industry designed to appeal to greed and the fact is most of the robots have never even been traded - they are all simulated in hindsight ( check the disclaimer) and never likely to win going forward, as there simply made up knowing the past - How hard is that? Not very. Pay $100 and make $100,000 a year, is not real life!

2. You need to predict prices to win

Prediction is another word for hoping and guessing and wont get you far and you will find your market timing and you're trading signals are as accurate as your horoscope!

Act on the reality of price change on your forex charts and forget prediction - know one knows the future, so trade the reality and the truth and you will have the odds on your side.

3. Buy low and sell high is a Great Way to Make Money

It would be if you could do it but you can't and you will get involved in prediction and also keep in mind this simple fact - most big trends start from breaks of new market highs, so you need to buy and sell higher, to catch the really big forex trends.

If you are not familiar with breakout trading make it part of your forex education if you do, you will catch all the best moves and be in on the high odds trades

4. You Should see if You Can Win With a Demo Account

You might win with a demo account but what does that prove? Nothing, as real hard cold dollars are not on the line.

There is no pressure and forex trading is a pressure industry. To win you have to trade with the pressure on you and demo accounts don't do this.

5. Learn From Your Losses

Learn what - you lost! Big deal losing is part of the game. If you executed your trading signals in line with your system you learn absolutely nothing, don't bother it's a waste of time

6. Continually Learn

If you have a forex trading strategy that's logical you have confidence in and works - why change it?

We all want perfection but it's not possible. I have used the same system for 22 years and never changed it.

Sure, my forex trading system is not perfect but no ones is; it works and makes money and that's good enough for me.

7. Day trading and Scalping Works

Really? Ever seen a day trader with a track record of real profits?

Exactly, there all simulated profits not real ones, just like the forex robots we referred to earlier.

Forget this form of trading, the data is too short to try and work out what millions of traders will do in a few hours is futile.

8. Only Risk 2% Per Trade

Maybe if you have 100k or more but for small potato investors you can't take such small risks as your account will be destroyed by volatility - look to risk 10 - 20% and trade only high odds sets ups...

Better to risk more on these great trades, than low odds trades with 2%.

Most traders try to avoid risk so much they create it - don't make the same mistake.

9. Diversification Reduces Risk

It also dilutes profit potential. If you have a good high odds trade, don't dilute its potential for profit with low odds trades.

Diversification, if you have 100k plus can work but really it's not a way to make a small accounts equity grow quickly.

10. You Need Information Quickly

Why? It doesn't help you win and never will. Everyone has the information quickly, so you can't respond to it or gain an edge, so don't bother trying.

This is one of the biggest myths of forex trading and will make you lose. Stand back and watch the big picture, not the impact of every short term event.

So there you have some currency trading basics, in terms of wisdoms, that are commonly accepted and you should avoid. keep in mind the majority doesn't win so, what most think is true ...well - You know the answer!

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential info and more on Currency Trading Education visit our website at: http://www.learncurrencytradingonline.com.

Business

Portable Trade Show Pop Up Display San Diego Sign Company
After Hours Trading
Advantages Of Online Stock Trading Systems

Why Forex Trading is Different From the Stock Market

The foreign trade marketplace is also acknowledged as the FX market or the forex market. Buying and selling that takes place connecting two counties with diverse money is the foundation for the FX market and the environment of the operations in this marketplace. The forex market has more than thirty years of existence. It is launched in the early years of the 1970's. The forex marketplace is a place, not founded on any industry or spending money in any commerce, but on the buying and selling of money.

The dissimilarity between the stock marketplace and the forex market is the huge trading that happens on the forex. People trade millions and millions each day. The total sum amounts approximately two trillion dollars per day. The quantity is to a large extent upper than the funds dealt on the everyday store market of whichever nation. The forex marketplace is one that engages administrations and governments, money depositories, monetary establishments and those comparable varieties of organizations from different nations.

What is dealt, bought or put up for sale on the forex market is something that can straightforwardly be shut down, meaning it can be turned quickly back into currency, or frequently is in reality going to be money. From one currency to another, the ease of use for the money in the forex marketplace is a thing that can occur rapidly for any depositor nationwide.

The dissimilarity between the store bazaar and the forex marketplace is that the forex is international, wide-reaching. The store trade is something that happens only within the range of a country. It is founded on different industries and merchandises that are within a nation; while the forex trade commerce takes that in an advanced step to incorporate any country.

The store marketplace has set business hours. Normally, this is going to ensue the commerce day, and will be closed on Bank Holidays and the weekends. The forex marketplace is one that is usable commonly twenty four hours a day because of the vast enumerate of countries concerned in forex trading. Buying and selling are situated in so numerous different times districts. At the time one market is opening, another national market is concluding. This is the unceasing method of how the forex market traffic happens...

The store marketplace in any nation is going to be founded on exclusively that country's money. Let's say for instance the Japanese yen, and their store marketplace, or the United States store bazaar and the buck. On the other hand, in the forex marketplace, you are occupied with many types of nationalities and different kinds of money. You will find orientations on an assortment of currencies, and this is a huge dissimilarity between the store marketplace and the forex market.

Justin Boyce is a widely known online marketer one of his passions is Forex trading. Financial investments is an easy way to make money grow and the returns are quick if you use a proven forex trading system. Visit Justin Boyce's site to learn more and start growing your money now.

AFP - A brutal week on Wall Street ended with the approval of a massive US government lifeline for the troubled financial sector, but investors are still searching for a reason to cheer.

Online Global Trading
Free Trading Education Education For Trading Stocks Futures
Roller Coaster Ride In A Manic Depressive Stock
N22 Day Trade Stock Coach
Best Online Stock Trading Companies