Tuesday, December 16th, 2008
Getting started with Forex trading means that you will have to choose either the fundamental method of the technical method. Many people use one method or the other and are able to get the profit they want for either system. This means both methods will work, it may just depend on what kind of person [...]
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Sunday, December 14th, 2008
Taxation Concepts: Buying and Selling Stocks
Understanding the tax implications of stock buying and selling is crucial. A working knowledge of basic key concepts will enable the individual investor to make smart decisions with the goal of:
1. Maximizing profits
2. Minimizing Tax liability
In this article we will discuss capital gains and ordinary income as it pertains to [...]
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Saturday, December 13th, 2008
What is a realistic gain per annum for a new trader in forex trading? Most new traders either give you an blank expression, or quote a wild figure. Here I will give my views based upon the experience of having taught and been a broker to over 5,000 traders…
The best traders I have seen have [...]
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Thursday, December 11th, 2008
It is not that long ago, since getting updated information from the stock market and updated stock quotes was a difficult task. Only traders on the trading floor had the current quotes, everyone else had to work with more or less outdated information. Those days are gone now, and with the real time desktop stock [...]
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Thursday, December 11th, 2008
The tough but exhilarating thing about Forex trading is that you always have to be on your toes as a trader. This is because the market can fluctuate in whatever position it chooses to take. Wouldn’t things be better if there were Forex prediction software applications available, so that you can trade knowing what particular [...]
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Tuesday, December 9th, 2008
Forex trading is the process of buying and selling foreign currencies with the sole aim of making a profit. Foreign exchange rates are simply the price of one currency in terms of another one. If the exchange rate between the US$ and the £ is $2=£1, this means that one pound of sterling will cost [...]
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Monday, December 8th, 2008
Enclosed you will find a simple point to check which will help you avoid the vast majority of automated Forex trading systems which lose money. Most traders don’t look at this key point and end up losing their money, let’s take a look at it…
The key point to look for with automated Forex trading systems [...]
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Saturday, December 6th, 2008
Forex AutoMoney and Forex AutoPilot are two programs which serve Forex traders of all levels (especially the beginner and intermediate ones). Yet the 2 are very different from each other. In fact, apart from the fact that both can help you to make your Forex endeavor vastly more profitable, there isn’t much similarity to be [...]
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Friday, December 5th, 2008
When does a stock stop going down?
a) when there are no more sellers left;
b) when it has reached reasonable valuation;
c) when the economic/business conditions causing the decline have reversed.
If you answered b) or c) - you need a primer in trading psychology. Any trader worth his salt will tell you that the correct answer is [...]
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Tuesday, December 2nd, 2008
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 [...]
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