Investing in Forex
Investing in Forex
Investing in foreign currencies is a relatively new avenue of investing. There are considerably fewer people are aware of this market than there are people aware of several other avenues of investing. Trading foreign currency, also known as forex, is the most lucrative investment market that exists. There are several factors that make this true among which, successful forex traders earn realistic profits of one hundred plus percent each month. Compared to some of the better known investment markets such as corporate stocks, this is an unheard of return on investment. It's very necessary to mention here that a person who invests in forex must, without exception, make it a point to learn the detailed, but simple strategies and information surrounding the market. This very fact is what makes the difference between successful forex traders and other traders.
A few additional points, which create such powerful leverage for investors within the forex market are: The amount of capital required to begin investing in the market is only three hundred dollars. For the most part, any other investment market is going to demand thousands of dollars of the investor in the beginning. Also, the market offers opportunities to profit regardless what the direction of the market may be; In most commonly known markets investors sit and wait for the market to begin an up trend before entering a trade. Even then, investors, as a rule must sit and wait some more to be able to exit the trade with a nice profit. Given that the forex market produces several up, down, and sideways trends in a single day, it can easily be seen that forex stands head and shoulders above other markets. Additionally there are trading strategies, which are taught that provide for compounded profits; these are profits on top of profits. In addition, free demo accounts are available within the industry of forex trading, which facilitate the sharpening of skills without the risk losing any capital. And the advantage regarding the time factor in trading foreign currency is a very attractive point for any investor. Compared to one of the most sought after avenues of investing, which often requires forty or more hours each week, namely in the real-estate market, the forex market requires a much smaller demand on the investor's time. Forex trading requires approximately ten to fifteen hours each week to earn a full time income. It's easy to see that the advantages and great leverage that exist in the forex market, make it among the most lucrative, time liberating, and easy to enter by far.
I hope this information gives you a clear understanding of how you can turn your investing into a true method of making your money work harder for you.
by shrestha santosh
Forex Avenue: The Road to Rich
Forex Avenue: The Road to Rich
In my continuing quest to provide visitors of my site with a large amount of options to chose from when considering working from home I have done some research on Forex trading. I first learned of Forex trading while pursuing my MBA program. For those of you who have never heard of this, Forex trading is the exchange of foreign currency.
I know I would have never even know this was an option for making money had I not found out in class. Most of the really big corporations have departments of people that do this for a living because it can be very lucrative if done correctly. The best news I have learned about this process of exchanging currencies is that many of the websites that you can sign up with to do this offer free trial accounts to help you learn before you invest your money into trying it. You won't make any money in the trial accounts if you do well, it is just pretend money essentially but with the real market conditions. If you do well in the trial account you will know if this is something you want to try on your own.
Benefits to Forex trading are that is can be done 24/7 whereas the stock market is a business hours only exchange. It is 24/7 because it is done with countries around the world so clearly there are countries that are awake and working while we sleep. Another benefit is you are in control of the trading on your account. You do not need to hire a licensed broker to make your trades and charge you fees. Along those same lines, anyone who does any investing most likely knows that some funds require you to own then for a certain period of time or pay early withdrawal fees. You do not need to concern yourself with this either. One last benefit that I would like to point out is the fact that Forex is not really subject to the same kinds of swings in the market that stocks are subject to. Of course if you always buy and sell the same currencies then there will be market swings. But, because there are hundreds of currencies out there, there is always going to be something for you to make money on because while one currency is up in value another one is down and vice versa.
There are many resources available to someone interested in becoming involved in this type of training. The Federal Reserve Bank's website is just one example of the information available — http://www.ny.frb.org/markets/foreignex.html. Here is another article that you will find helpful in starting out in this field. http://www.forex.com/pdf/pro2.pdf . I have also included one of the sites that does offer a free lesson.
While there are many benefits to this type of training, as I mentioned above, there are certainly risks involved as well. There are risks with exchange rates, central banks in foreign countries, and risks involving interest rates and credit. Forex is quickly becoming a popular way to help diversify your investment portfolio. If you are good with understanding investing concepts and enjoy doing it this may be the home business opportunity for you. Just do your research and try to find one of the sites offering the free trial account to practice with and you are well on your way down the Road to Riches.
by Shrestha santosh
YOGA,THE ART OF LIVING
YOGA,THE ART OF LIVING
Among all the various mind that we see in people only mind which has attained (samadhi)meditation ,perfect concertration is the highest. a person who has attained certain powers,through medicines or through words (mantra) or through modifications, still has desires but they who has attained yoga through concertration is alone free from all desires.
PATAN'S JALI'S YOGA SUTRA
yoga is an immensely rich and highly complex spiritual tradition .it comprises of many great approaches,schools,teachers and technical vocabularies. in view of it's sheer versatility and long history of nearly three thousand years.
Yoga must be counted as world's foremost tradition of psychos'ritual transformation .yoga is one of the most remarkable accomplishments of human ingenuity .yoga is awhole way of life lived in the light if that pure being consciousness to manifest itself in and through us .
yoga is ist clearly spoken off in the story(katha,upanished),which was probably composed in the 5th and 6th century b.c .this work propounds what is called meditation yoga the yoga of the innermost self by which the stage may come to know the great god hidden in the care of the heart.the word yoga is derived from the verbal root"yuj" meaning to yoke harness.it has a wide range of applications in the sanskrit language from union to team to sum to equipment to conguaction and so forth.earlier it was also applied to spiritual endeavor,specifically the central of mind.
THE SIXTEEN KINDS OF YOGA:-
*astha-anga-yog*asprsha-yog
*bhakti-yoga*hatha-yoga
*jana-yoga*karma-yoga
*kriyo-yoga*kundelini-yoga
*lumbika-yoga*mantrao-yoga
*nado-yoga*panchdasha-anga-yoga
*raja-yoga*sapla-anga-yoga
*shad-anga-yoga*adhayatma-yoga.
THE FULL FORM OF YOGA
Y-YOUNG
O-OMNISCIENT
G-GARRISON
A-AWAKE
THE PATHS OF YOGA:-
There are four main path of yoga:
*karma yoga*bhakti yoga*jana yoga*raja yoga
Karma yoga:-The yoga of action is the path chosen primarily by those and outgoing nature ,it purifies the heart by teaching you to act selfleasly by detaching yourself.
by mr.santosh pls to care n aware about ur health by yoga its more valuable.
TIPS FOR MOTHER WHO BECOME PRAGNENT
TIPES
IMPORATANT AWARNESS FOR TO PREGNANT MOTHER
Most of the womens,when they pragnent ,at thattime also they do the sme work ,usually what ever they do in their daily life;but they have to aware from that ,if their haven't seen any problems of pshycal, they donot have to do work like usuall work when they are physiclly normall time as usually.in the stage of pragnent womens have to be aware some importent things.
here the down there have some of the important tips which they have to aware about it n fallow to in life .
some of impo.are given bellow which is necessaury to fallow by them when they r in stage of pragnent.
*Traveling or visit:-If the stage of pragnent women or mother we,have to take care about them,n they should also take care of own health in this stage.if the pragnent stage physicall condition is normal .they can do simple light and short distant travelling.but they have to consult ist with doctors for tO TRAVELING ANY WHERE.
they have to avoid of that types of transport,which on safety set etc transport equipmentat this stage is better to avoid to fide motorbyk,also but make sure that if they have toto arrive some where they must to take aware n safety protection ride transportation.
*Smokeing:- As we know that smokeing is injorious to health of every peoples, and in condition of womens pragnent stage,they must to avoid to smoke,and they must to stay far from the smokeing person and area.,cause it's humper directly to upcoming child health condition.so avoid to smoke aware about ur health .
*Alcoholic drinks:-As we know that alcoholic drinks is injorious to health n in specials in the case of womens when they r pragnent they must to avoid to take the alcoholic drinks.it is very harmful to the health of mother if mother health is not in good condition then child also not have in safety n good postion or condition,so pls mother avoid such of the harmfull thing s be far from this area.
*Sleep:-In this women pragnent stage ,they face some physicall trouble ,some like happened seems of toilet many time.so,in this condition they must to care and aware for their health ,and they have to sleep,along with better of mental and physicall proper safety stage of sleep,cause we all know that which happen with us also if one day also we can not sleep properly then it's seems deffect on our health directly in the next day.so, aware and take safetyness in this stage,have sleep properly and safetly.
*Clean of tooth:-
In this pragnent stage ,most impo. to take hyzenic along with proten calcium food and beverage so, in the case of indirect in our mouth and tooth,we should take and make safety and cleaness regularly 2 times per days,as we knopw it's satge were we aware for to safety and clean and personal hyziene. pls to make clean safety ur own health properly.
*Bliding from anus :-It's this time is higher bliding then regular bliding times,form anus ,which is sensitive parts,in the about cause on this satge their have seems many of matters of troubleness physically like ,bad smaleing ,creaching ,irreted on the particular surface area.if we do not take safety and aware for clean then it's make many kinds of non -visible and visiable germs desisase .so, in this stage we donot have to worry about it , and in thhis stage it's neceesaury to consult and fallow the doctors rools and personal we care of our health properly and safetly.
* Uses of madecine:-In the pragnent stage ,we should take care and aware about our around area. in this stage if their have seems some health problems then we shouldn't take any non related madecine with out confirm and consult with our personal doctors.it's most harmfull to take madecine without consult with doctors so pls to consult and fallow the doctors rools ,and take madecine which doctors recomain us.
*Hyzenic food:- It's the most important stage for pragnent womens so we have to take balance diet .in this stage we have to take bette hyzenic and protein and calcium and extra energy tonic food and beverage .this time we take in beverage frit juice more,ew take very fresh and good and properly cooked meat,it's also make harmfull in our health if we not concious about it.in this stage we avoid to take lever meat,cause in lever meat,we get more vitamin 'a',more vitamin'a' make harmfull and injour in our harmons ,it's impo .to take untill 13 weaks ,pholicacid foods,it's found in fresh fruit ,pea , green vegetable,if it's less or lake then it's make spaina biefida diseases in our health which is very harmfull for mother who going to be pragnent.
*by santosh
pls to save mother then it posible to save child ,pls take care of mother.
make happy mother when they pragnent or not pragnent.
forever n ever.pls protect n care of pragnent mother
BANQUET SERVICE PROCEDURE
BANQUET SERVICE PROCEDURE
Banquet service is outlet where special functions are organised for proffessional ,social,state occasion.banquet services is different from usual restaurant services.
normally such functions r organised with the number of people innotived r fifteen or more.
TYPES OF FUNCTIONS:-
-Proffessional functions:-
*formal lunch- composing-clubs.
*conference-national or international semminar,training courses.
*meetingboard meating,press,dealers.
*exhibition-painting,book,fabric,sales.
-Social function:-
*dinner-company annual day,association youth.
*wedding
*cocktail parties.
*fashions stools.
State functions:-
*dinner- inernational goverment and inter goverment parties for head of state.
*national day
TOURISM
TOURISM
*market
*travel
*destination*marketing
*health
*study*other purpose.
so for to enhance by globally market trade it's the main base to trans from each to other,it's the main focus able depart of the country for to make trade high market internationally,so tourism is the one of the best ,sectors to know about the another people or foreigner who tour from here to their ,so we all have to enhance about the tourism sector for development ,it's one tourism sector can build up the our national n international best connectivity,so help to promote the tourism sectors from our site for to our tourism of country.
SAVE THE TOURISM SECTOR.
NEPAL
NEPAL
Nepal is land lock country,here have the various kind of favour by god ,as we all know that in Nepal their have many of hills ,mountain,rivers,forest,n various animals.here in Nepal the greatest mountain is Everest mountain the grater,n proud of Nepal ,etc ordinary hills mountain also have in Nepal,we didn't get any stranger behavior for any other cause here we all r son of our Nepal mother we,have various religion,cast ,n culture,in Nepal we got the chance to see many of advantages n many of the historical palace n Temple's.
In Nepal u can see the grate lord Buddha,u can see in h
ere his historical place ,Lumbene n etc.
as we all know that Nepal is Hindu country ,but let me inform u that in our country we didn't fell n do the optimistic behavior to each other here we got many of cast n religion,n cultural people ,but we all like own family ,so in Nepal we got the relation of the best family relation,so Pl to visit one time in Nepal ,we all most welcome to u all of our foreign family,pl to fell best the family relation in Nepal.
so please to visit our country ,n have to favour for us n give the chance to make Ur enjoyable ,n memorable journey in Nepal,for to helps n fell comfortable by each n every thing here have various sectors for to helps u with the best n advance n diplomatic facilities ,for Ur each n every setup with out any trouble,so be faith n please to favour for to give u enhance services in world at Nepal,it's our pleasure to give to all best services.
In Nepal u can see the grate lord Buddha,u can see in h
ere his historical place ,Lumbene n etc.as we all know that Nepal is Hindu country ,but let me inform u that in our country we didn't fell n do the optimistic behavior to each other here we got many of cast n religion,n cultural people ,but we all like own family ,so in Nepal we got the relation of the best family relation,so Pl to visit one time in Nepal ,we all most welcome to u all of our foreign family,pl to fell best the family relation in Nepal.
so please to visit our country ,n have to favour for us n give the chance to make Ur enjoyable ,n memorable journey in Nepal,for to helps n fell comfortable by each n every thing here have various sectors for to helps u with the best n advance n diplomatic facilities ,for Ur each n every setup with out any trouble,so be faith n please to favour for to give u enhance services in world at Nepal,it's our pleasure to give to all best services.
OUR NEPAL
OUR NEPAL
A TRAVELS TO THE"TOP OF THE WORLD"
Nepal enchants all with it's bustling capital unsurpassed beauty of the Himalayas. Let your senses fun wild in this enchanting land of glorious palaces,historic forts,marvelous country side and magnificent temples. Demonstrating the contrast between old and new Nepal in a blend of east and west. Hit and trio of cities and the wonders they offer along the way take in ancient,exotic site like Rani pokhari in Nepal Kathmandu.venture into the for-reaching mountains ,past isolated temples. Asia most of the one best country,here we feel and joy the journey deep into Asia and explore ancient religious shriens,journey to the wonders of this massive country with it's incredible history ,breathtaking landscape and cultural monuments,u can stroll along the wonder through the stone forest.
GRATE NEPAL
Nepal is one of the grate country were we feel the safe n memorable journey place were we got the fully enjoy,here we found the imaginable romantic place,with along the behavior of the family relationship.
explore the back roads of the mystical capital and it's interesting mix of Buddhist and Hindu temples and shrines.this excellent introductory tour takes u to loads of attraction,Buddhist,Hindu and moslem sites join national treasures the gang as rivers,lake etc.
Adventures an embarle on an expedition to a ridge peak with a priceless view,investigate mystical Hindu shrines and Tibetan temples in the capital.
here we got the journey which is closer to the Himalayan to catches glimpse of Everest while staying in distant village for a cultural experience
so,we all Of call the Nepal is the one of the most grate country were we got the fully benefit of our leisure time.
In Nepal cultural we say to the our foreign friend ,u all r our "AATTI TH II DEVA VHAAWA" convert in English it's mean u all r our same as like god ,as u know that how much we respect our culture and how much we fallow the our religions culture samely we respect hearty with our foreigner.
Here in our country have more and more mystical,memorable place which we never forget after the visiting here so,we all r warmly beg and humble request to u all of the our foreigner please to visit ,n give us the chance to make u happy,n give u to benefit in Ur leisure time.
please to welcome in our country ,here is boundless place facilities were u all fell the joy n happiness with your lovely family.so please to welcome in our grate country ever n ever it's our pleasure to give best service to u all,so please to give complement,your complement inspire us to enhance give more imaginable facilities. we all love u and respect u so,please to love n faith with us.
Welcome to our grate country Nepal.
HISTORICAL PLACE OF NEPAL
HISTORICAL PLACE OF NEPAL
Nepal is one of the most historical country were we got the various places of historical,some as we define for too u only from this free Nepal web.so have to get the more information about Nepal historical places,were u all can joy for to Ur leisure time spend.here is the best station of make your best destination for enjoy your leisure time.some as given below,please to click it your best destination.
Day of leisure.
*In the leisure time tour in Pashupatinath Hindu temple which is located at the heart of the city of ktm.here we found the grate temple were we found the grate stupaa or statue of Shiva n his family ,to whom we all respect form our heart.we all Hindu believe to him ,we all worship to him,cause he is our grate god of Hindu.here we get the information about the Hindu religion n ancient culture,so it's the best place of to make our leisure valuable.
*Head west from Kathmandu to the majestic Annapurna peaks and reflecting lake in the pokhara valley.round out your stay in Nepal at the relaxing mountain retreat.
In Pokhara where a tour of the old city and new market and Seti gorge will precede leisurely relaxation in the mountain air.watch the sun rise in the Himalayan peaks,en rising stunning views of the Annapurna,lamjung Himal and Machhapuchara,were u enjoy incomparable views if begnas lake and Rupa lake while u walk some hours along a tall ridge Ur like ends at begnas bazaar,and take a tour through the city's ethnic diversity and visit serene gardens.
*In your leisure time tour in Boudhnath Tibetan Buddhist temple with it's all seeing eyes,and also the Swayambunath hill top.Tibetan temple overlooking the city and visit the city of Vhaktapur, Patan and Tibetan handicraft center .
*NAGARKOT:
Stand at Nagarkot on the valley's rin to seethe Himalayan highest peaks including mt.Everest.It is the best monument place were we found the memorable joy by see the nature view along the their advance facilities,with relation behavior of family in Ur affordable price,so please to choose this best one for to enjoy your memorable leisure time.
DAKSHINKALI TEMPLE:
In dakshinkali their we can know about the another temple of Hindu ,were we get the information about mystical culture ,were for to make happy our goddess we sacrifices animal ,it's one of the most sacrifices place of animal for to make happy our goddess ,their also have the unbelievable place like goo-fa,many of the romantic place in their and near in edge of the temple chovar gorge.were we can spend our leisure time with our beloved one.
like this in Nepal have many of the memorable place were u can spend and get benefit in Ur leisure time ,so we all Nepali say to all of our foreigner friend please to visit in our country.
like this in Nepal have many of the memorable place were u can spend and get benefit in Ur leisure time ,so we all Nepali say to all of our foreigner friend please to visit in our country.
HOTEL
HOTEL
Hotel is the one of the most one sectore of econome transection from were we got the lots' flowing sectore ,it is the one the base sectore of the world for to increases the economeic status of the country personally ,where the every time happens transection of the all service of the sectore .it is the one of the most one sectore of the to enhance econome sectore globally.
Hotel were the all people come for to spend their leasuire n their special time ,in their choice .
In hotel their many of people flowing n have rapid services ,here the all of the people come from the world .In this sector people come for to do their commercial or professional and personal work,were have the various services sector for to those selected person for their choice.
some of the people come in hotel perosnal package ,like they will come along with their family for to spend their leasuire time joy fully n valueabally, some the person come by journey and they spend their some time in the service sectore of like that place where they got the full package for to spend at time few also some comercial n proffessional nationally or internationally for enhance their own sectore globally so they visit all of the world n give their own information to give best impact in the world so all of this kind of proposes the world wide person globally transection from here to their ,for to these of person this is the one of the most wanted n valuable sectore for give excellent result.Hotel is the one of the most preferable sector of the people for to do all proposes work for that their have various sectore of hotel.it is the best a company place,so the people have to need that.
we have a hunger of the mind which aska for knowledge of all aroundus.
the more we gain,the more is our desire;
the more we see,themore we r capable of seeing.by santoshs.
HOTEL
HOTEL
ADVANTAGE OF THE HOTEL
* Hotel were we found the advance facility.
*Hotel we got the security.
*Hotel were we can get the advance n enhance service.*Hotel which give the affordable high fie facilities services.
*Hotel were provide the multi proposes sector .*Hotel who give the various service platform.
*Hotel who give the excellent n unremarkable accommodation facility.*Hotel which giver the joy n multi happiness joint box.
*Hotel who give the indoor n outdoor facilities services proposal. *Hotel who have the extra activities of services sector of joyfulness.
*Hotel who give the best n hygienic n proper n sanitation n purity services facilities.
HOTEL
The term 'hotel's defined by santosh law as'a place where a bonafide travel a can receive food and sheltn,provided he is in a position to pay for it n is in a fit condition to be received.Hotel is a place which provide fooding ,lodging and other extra recreational facilities to the customer given inter-mes of many.
The word hotel stand.
*H- HOSPITALITY
*O- ORGANIZATION
*T- TACKFULNESS/TRUTHFULNESS*E- EAGER TO SERVE
*L- LOYALTYBY SANTOSH.http://www.forex-santoshshre.blogspot.com/
extra info.
DEPARTMENT OF HOTELS
DEPARTMENT OF HOTELS
NON REVENUE N REVENUE DEPARTMENT.HERE IS THE BELOW HAVE BRIEF ABOUT IT'S.
NON REVENUE DEPART:
*security
*sales n marketing*Eng.dept
*purchase depart*store dept.
*finance dept.REVENUE DEPARTMENT
*food production
*food n beverage dept.
*front office.*housekeeping.
hotel
hotel
In another name it refer "home away from home "The word 'hotel is originated from the word 'hostel the word 'host' then the hotel.the hotel was started from England in about 1760 ad.after some days hotel garni was opened in french,then gradually,Switzerland(chalet)
and USA.
In another name it refer "home away from home "The word 'hotel is originated from the word 'hostel the word 'host' then the hotel.the hotel was started from England in about 1760 ad.after some days hotel garni was opened in french,then gradually,Switzerland(chalet)
and USA.
HOTEL DEPT.
HOTEL DEPT.
Revenue dept.:-
*food production dept:-In another name it is called food and beverage production,kitchen,cuisine where different types of food /dish/meal r prepared like ,Chinese ,Japanese,continental,Thai,etc.
The main task of this unit is to produce varieties of food with hygiene.
FRONT OFFICE DEPT:-
This dept.is the main part of hotel ,where located in front of the hotel,mostly giving and taking the merrage,registration,check in,check out billing etc r the basic task of this unit.
Revenue dept.:-
*food production dept:-In another name it is called food and beverage production,kitchen,cuisine where different types of food /dish/meal r prepared like ,Chinese ,Japanese,continental,Thai,etc.
The main task of this unit is to produce varieties of food with hygiene.
FRONT OFFICE DEPT:-
This dept.is the main part of hotel ,where located in front of the hotel,mostly giving and taking the merrage,registration,check in,check out billing etc r the basic task of this unit.
ADVANTAGE OF FOREX MARKET
What are the advantages of the Forex Market over other types of investments? When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amount of capital. Anyone can enter the market with as little as $300 USD to trade a "mini account", which allows you to trade lots of 10,000 units. One lot of 10,000 units of currency is equal to 1 contract. Each "pip" or move up or down in the currency pair is worth a $1 gain or loss, depending on which side of the market you are on. A standard account gives you control over 100,000 units of currency and a pip is worth $10.
The Forex market is also very liquid. When trading Forex you have full control of your capital. Many other types of investments require holding your money up for long periods of time. This is a disadvantage because if you need to use the capital it can be difficult to access to it without taking a huge loss. Also, with a small amount of money, you can control
Forex traders can be profitable in bullish or bearish market conditions. Stock market traders need stock prices to rise in order to take a profit. Forex traders can make a profit during up trends and downtrends. Forex Trading can be risky, but with having the ability to have a good system to follow, good money management skills, and possessing self discipline, Forex trading can be a relatively low risk investment. The Forex market can be traded anytime, anywhere. As long as you have access to a computer, you have the ability to trade the Forex market. An important thing to remember is before jumping into trading currencies, is it wise to practice with "paper money", or "fake money." Most brokers have demo accounts where you can download their trading station and practice real time with fake money. While this is no guarantee of your performance with real money, practicing can give you a huge advantage to become better prepared when you trade with your real, hard earned money. There are also many Forex courses on the internet, just be careful when choosing which ones to purchase.
Why Trade the FOREX?
Why Trade the FOREX?
My purpose for writing this article is to demonstrate to you the advantages of trading on the Forex market. However, there is one myth that I want to dispel before I go further. The myth is that there is a difference between trading and investing. To dispel that myth I quote from Al Thomas, President of Williamsburg Investment Company, who wrote "If It Doesn't Go Up, Don't Buy It". He said "Everyone who invests is a trader, only the time period is different." It is a lesson that I took seriously after taking a beating in the stock market in 2000. So now, let's compare features of currency trading to those of stock and commodity trading. Liquidity — The Forex market is the most liquid financial market in the world around 1.9 trillion dollars traded everyday. The commodities market trades around 440 billion dollars a day, and the US stock market trades around 200 billion dollars a day. This ensures better trade execution and prevents market manipulation. It also ensures easily executable trading. Trading Times — The Forex market is open 24 hours a day (except weekends) which means that in the US it opens at 3:00 pm Sunday (EST) and closes Friday at 5:00 (EST), allowing active traders to choose the times they want to trade. Commodities trading hours are all over the board depending on which commodity you are trading. Including extended trading times US stocks can be traded from 8:30 am to 6:30 pm (ET) on weekdays. Leverage — Depending on your Forex account size, your leverage may be 100:1, although there are Forex brokers that offer leverage of up to 400:1 (not that I would ever recommend that kind of leverage). Leverage in the stock market can be as high as 4:1, and in the commodities market, leverage varies with the commodity traded but it can be quite high. Because the commodity markets are not as liquid as the Forex market, its leverage is inherently riskier. Although I was never shut out of a commodity trade by the day limit, the fear was always in the back of my mind.
Trading costs — Transaction costs in the Forex market is the difference between the buy and sell price of each currency pair. There are no brokerage fees. For both the stock and the commodity markets, there are transaction costs and brokerage fees. Even when you use discount brokers, those fees add up. Minimum investment — You can open a Forex trading account for as little as $300.00. It took $5,000 for me to open my futures trading account. Focus — 85% of all trading transactions are made on 7 major currencies. In the US stock market alone there are 40,000 stocks. There are just over 200 commodity markets, although quite a few are so illiquid that they are not traded except by hedgers. As you can see, the fewer number of instruments allows us to study each one more closely.
Trade execution — In the Forex market, trade execution is almost instantaneous. In both the equity and commodity markets, you count on a broker to execute your trades and their results are sometimes inconsistent. While all of these features make trading the Forex market very attractive, it still requires a lot of education, discipline, commitment and patience. All trading can be risky.
Introduction To Forex Trading
Introduction To Forex Trading
There are many markets: markets for stocks, futures, options and currencies. These are probably the most accessible markets for everyday traders like you and I. People easily understand the basics of trading shares, so I will occasionally use examples from that market. I began trading shares first and then I moved on to trading currencies; therefore, most of the examples I will be using in this book are derived from trading currencies. If you do not know a lot about currency trading, allow me to introduce it to you. It is what I trade and I believe that it is one of the best markets to trade because of its efficiency. The transaction costs to execute a trade are minimal and most brokers provide you with the tools and data you need to make your trading decisions, they usually provide them for free. The market is open 24 hours a day which allows you to design your trading hours around your daily commitments. It is very volatile, which is great for those people who are looking for day-trading opportunities. The foreign exchange market is the market in which currencies are bought and sold against one another. People may loosely refer to this market under different labels, including foreign exchange market, forex market, fx market or the currency market. The foreign exchange market is the largest market in the world, with daily trading volumes in excess of $1.5 trillion US dollars. All transactions involving international trade and investment must go through this market because these transactions involve the exchange of currencies. It is the most perfect market that exists because it has a large number of buyers and sellers all selling the same products. There is a free flow of information and there are little barriers to participate. The currency exchange market is an over-the-counter (OTC) market which means that there is not one specific location where buyers and sellers can actually meet to exchange currencies. Instead, transactions are conducted by phone, fax, e-mail or through the websites of brokers who specialize in currency trading. The major dealing centres at the time of writing are: London , with about 30% of the market, New York , with 20%, Tokyo , with 12%, Zurich , Frankfurt, Hong Kong and Singapore , with about 7% each, followed by Paris and Sydney with 3% each. Because of the fact that these centres are all over the world, foreign exchange traders can execute transactions 24 hours a day. The market only closes on the weekends. THE MAIN 'PLAYERS' IN THE FOREX MARKET The five broad categories of participants are: consumers, businesses, investors, speculators, commercial banks, investment banks and central banks. Consumers, including visitors of countries, tourists and immigrants, do need to exchange currencies when they travel so that they can buy local goods and services. These participants do not have the power to set prices. They just buy and sell according to the prevailing exchange rate. They make up a significant proportion of the volume being traded in the market. Businesses that import and export goods and services need to exchange currencies to receive or make payments for goods they may have bought or services they may have rendered. Investors and speculators require currencies to buy and sell investment instruments such as shares, bonds, bank deposits or real estate. Large commercial and investment banks are the 'price makers'. They are the ones who buy and sell currencies at the bid-and-offer exchange rates that they declare through their foreign exchange dealers. Commercial banks deal with customers on one hand, and with the Interbank or other banks, on the other hand. They profit by utilizing the bid-and-offer spread. The bid price is the exchange rate that the buyer is willing to buy and the offer price is the exchange rate at which the seller is willing to sell. The difference is called the bid-offer spread. They also make profits from speculating about whether the exchange rate will rise or fall. Central banks participate in the foreign exchange market in their effective duty as banks for their particular government. They trade currencies not for the intention of making profits but rather to facilitate government monetary policies and to help smoothen out the fluctuation of the value of their economy's currency.
by santosh
"Have accurency balance cradebility."
EXPLOSIVE PROFITS
Explosive Profits: 7 Reasons to Trade Forex
There are many money-making opportunities out there and we've been involved with quite a few, namely property marketing, web development, residential construction security, multi-level marketing businesses etc.
We've come to a few conclusions with the help of some well-known propriety coaches.
Often people with the income they desire don't have the time to enjoy it. Those that have time don't often have money. You don't have to sacrifice your life-style to earn an above-average income. If you focus on the for a few months you can make that dream a reality and create time and money to do what you REALLY want.
To earn a living money is given in exchange for a product or service rendered. It needs to be sold continuously otherwise your income stops abruptly unless it's a repeat type of product or service.
Money is a medium of exchange. There's no magical formula to possess it, you need to exchange something of value for it.
What if, you could have access to thousands of customers who are ready, willing and able to buy from you whenever you wanted? Wouldn't it be great to avoid any hassles like money collection problems (just had a delayed payment from my web business), keeping difficult customers happy (we all know what that's like), competition stealing your business without providing the same value etc.
All that is possible with . You can also trade from anywhere. Take your laptop with you, find an internet connection and away you go.
Another advantage is that you don't need experience to get started. Get a traditionally job involves accumulating specialized experience, having a well-polished resume and having the right contacts. With the right training course, you can get started straight away.
Here's 7 more reasons to trade :
1. It never closes. It's open around the clock, worldwide. Trading positions open at Monday 7am, New Zea land time and close 5pm New York time on Friday. During this time, you can enter or exit the market whenever you like. It's a continuous electronic currency exchange. This is great because you can trade whenever you have spare time.
2. Leverage. Standard $100 000 currency lots can be traded with as little as $1000. This is mainly because of the ease with which you can buy and sell, some brokers will leverage up to 200 times, so with $100 you can control a 200 000 unit currency position. It's the best use of trading capital around, even banks lending on property investments don't come close.
3. Accurately predict the outcomes. Currency prices generally repeat themselves in predictable cycles so you can see what the trends are. 'Technical Analysis' helps to see these trends and profit from them.
4. Low Transaction Cost. In other words, you mistakes won't cost you a fortune. Good brokers won' charge commissions to trade or maintain an account even if you have a mini account and trade small volumes.
5. Unlimited Earning Potential. has a daily trading volume of over 1.5 trillion, the largest financial market in the world. It dwarfs the equities market (50 billion daily) and the futures market (30 billion).
6. You can make money in any market conditions. Each market is one currency against another, so when you buy in one, you're selling in another so there's no biases towards either currency moving up or down. This means it's up to you to choose which currency to buy or sell with.u can make money going up or down.
7. Market transparency. This is an advantage in any business or trading environment. It means you can manage risk and execute orders within seconds. It's highly efficient and allows you to avoid unexpected 'surprises'.
I hope you're now convinced that is the best investment and income opportunity around the world.It's good plan platform for to invest for Ur future trade enhance.
by santosh
"ACCURACY BALANCE CREDIBILITY"
The Benefits of Trading The Forex Market.
The Benefits of Trading The Forex Market.
Historically, the FX market was available most to major banks, multinational corporations and other participants who traded in large transaction sizes and volumes. Small-scale traders including individuals like you and I, had little access to this market for such a long time. Now with the advent of the Internet and technology, FX trading is becoming an increasingly popular investment alternative for the general public.
The benefits of trading the currency market:
It is open 24-hours and it closes only on the weekends;
It is very liquid and efficient;
It is very volatile;
It has very low transaction costs;
You can use a high level of leverage (borrowed money) with ease; and
You can profit from a bull or a bear market.
Continuous, 24-Hour Trading
The currency exchange is a 24-hour market. You may decide to trade after you come home from work. Regardless of what time-frame you want to trade at whatever time of the day, there would be enough buyers and sellers to take the other side of your trade. This feature of the market gives you enough flexibility to manage your trading around your daily routine.
Liquidity And Efficiency
When there are a lot of buyers and a lot of sellers, you can expect to buy or sell at a price that is very close to the last market price. The currency market is the most liquid market in the world. Trading volume in the currency markets can be between 50 and 100 times larger than the New York Stock Exchange (Source: Oanda.)
When you are trading stocks, you may have experienced events where one piece of news accelerates or decelerates the price of the underlying stock you may have bought into. Perhaps a director has been kicked out by the shareholders of a company or the company has just released a new product and big investors are buying the shares of a particular company. Share prices can be drastically affected by the actions or inaction of one or a few individuals. So if you are relying on television reports and newspapers to get your news, most of the opportunities or warnings will have come too late for you to take advantage by the time you get them.
The value of currencies on the other hand is affected by so many factors and so many participants that the likelihood of any one individual or group of individuals drastically affecting the value of a currency is minute. Because of its sheer size, the currency market is hard to manipulate. The ability for people to engage in 'insider trading' is virtually eliminated. As an average trader, you are less disadvantaged. You are likely to be playing on relatively equal ground along with all the other traders and investors whom you are competing against.
Note about price gaps:
For those people who have already traded other markets, you probably know about price 'gaps'. 'Gaps' occur when prices 'jump' from one price level to another without having taken any incremental steps to get there. For example, you may be trading a share that closes at $10 at the end of today but due to some event that happens overnight; it opens tomorrow at $5 and continues to go downwards for the rest of the day.
Gaps bring about another degree of uncertainty that may meddle with a trader's strategy. Probably one of the most worrying aspects of this is when a trader uses stop-losses. In this case, if a trader puts a stop-loss at $7 because he no longer wants to be in a trade if the share price hits $7, his trade will remain open overnight and the trader wakes up tomorrow with a loss bigger than he may have been prepared for.
After looking at a couple of forex charts, you will realize that there are little price 'gaps' or none at all, especially on the longer-term charts like the 3-hour, 4-hour or the daily charts.
Volatility
Trading opportunities exist when prices fluctuate. If you buy a share for $2 and it stays there, there is no opportunity to make a profit. The magnitude of level of this fluctuation and its frequency is referred to as volatility. As a trader, it is volatility that you profit from. Large volume transactions and high liquidity combined with fewer trading instruments generate greater intra-day volatility in the currency market that can be exploited by day-traders. The high volatility of the currency market indicates that a trader can potentially earn 5 times more money from currency trading than trading the most liquid shares.
Volatility is a measure of maximum return that a trader can generate with perfect foresight. Volatility for the most liquid stocks are between 60 to 100. Volatility for currency trading is 500. (Source: Oanda.)
In this respect, currencies make a better trading vehicle for day-traders than the equity markets.
Low Transaction Costs
A currency transaction typically incurs no commission or transaction fees. For a forex trader, the spread is the only cost he or she needs to cover in taking on a position. In addition, because of the currency market's efficiency, there is little or no 'slippage' costs.
'Slippage' is the cost involved when traders enter the market at a price worse than the level they wanted to get into. For example, a trader wants to buy a share at $2.00 but by the time, the order gets executed, his gets to buy the shares at $2.50. That fifty cents difference is his slippage cost. Slippage cost affects large-volume traders a lot. When they buy large quantities of a commodity, it oversupplies the market with buy orders. This applies a pressure for the price to go up. By the time they get to buy all the quantities they wanted, the average price they got their commodities would be higher than the price they intended to get them for. Conversely, when they sell large quantities of a commodity, they oversupply the market with sell orders. This applies a pressure for the price to go down. By the time they finish selling all their commodities, their average selling price is less than what they initially intended to sell them for.
Due to lower transaction costs, minimum slippage and strong intra-day volatility, individuals can trade frequently at small costs. As an approximate, you may only expect to have a spread of 0.03% of your position size. To give you an example, you can buy and sell 10,000 US Dollars and this will only incur a 3-point spread, equivalent to $3.
Leverage
There are not a lot of banks or people who would lend you money so that you can use it to trade shares. And if there are, it would be very hard for you to convince them to invest in you and in your idea that a certain share is going to go up or down. Therefore, most of the time, if you have a $10,000 account, you can only really afford to buy $10,000 worth of stocks.
In currency trading however, because you use 'borrowed money', you can trade $10,000 of a currency and you only need anywhere between fifty (For a margin lending ratio of 200:1) to two hundred dollars ( For a margin lending ratio of 50:1) in your trading account. This makes it possible for an average trader with a small trading account, under $10,000 to be able to profit sufficiently from the movements of the currency exchange rates. This concept is explained further in The Part-Time Currency Trader.
Profit From A Bull And Bear Market
When you are trading shares, you can only profit when the price of a stock goes up. When you suspect that it is about to go down or that it is just going to be moving sideways, then the only thing you can do is sell your shares and stand aside. One of the frustrations of trading shares is that an individual cannot profit when prices are going down. In the currency market, it is easy for you to trade a currency downward so that you can profit when you think it is going to lose value. This is easy to do because currency trading simply involves buying one currency and selling another, there is no structural bias that makes it difficult to trade 'downwards'. This is why the currency market has been occasionally referred to as the eternal bull market. This is an excerpt, modified from the book: The Part-Time Currency Trader. by santosh "REGULARITY IN TRADE CONCERN IS TRADEMARK"
Historically, the FX market was available most to major banks, multinational corporations and other participants who traded in large transaction sizes and volumes. Small-scale traders including individuals like you and I, had little access to this market for such a long time. Now with the advent of the Internet and technology, FX trading is becoming an increasingly popular investment alternative for the general public.
The benefits of trading the currency market:
It is open 24-hours and it closes only on the weekends;
It is very liquid and efficient;
It is very volatile;
It has very low transaction costs;
You can use a high level of leverage (borrowed money) with ease; and
You can profit from a bull or a bear market.
Continuous, 24-Hour Trading
The currency exchange is a 24-hour market. You may decide to trade after you come home from work. Regardless of what time-frame you want to trade at whatever time of the day, there would be enough buyers and sellers to take the other side of your trade. This feature of the market gives you enough flexibility to manage your trading around your daily routine.
Liquidity And Efficiency
When there are a lot of buyers and a lot of sellers, you can expect to buy or sell at a price that is very close to the last market price. The currency market is the most liquid market in the world. Trading volume in the currency markets can be between 50 and 100 times larger than the New York Stock Exchange (Source: Oanda.)
When you are trading stocks, you may have experienced events where one piece of news accelerates or decelerates the price of the underlying stock you may have bought into. Perhaps a director has been kicked out by the shareholders of a company or the company has just released a new product and big investors are buying the shares of a particular company. Share prices can be drastically affected by the actions or inaction of one or a few individuals. So if you are relying on television reports and newspapers to get your news, most of the opportunities or warnings will have come too late for you to take advantage by the time you get them.
The value of currencies on the other hand is affected by so many factors and so many participants that the likelihood of any one individual or group of individuals drastically affecting the value of a currency is minute. Because of its sheer size, the currency market is hard to manipulate. The ability for people to engage in 'insider trading' is virtually eliminated. As an average trader, you are less disadvantaged. You are likely to be playing on relatively equal ground along with all the other traders and investors whom you are competing against.
Note about price gaps:
For those people who have already traded other markets, you probably know about price 'gaps'. 'Gaps' occur when prices 'jump' from one price level to another without having taken any incremental steps to get there. For example, you may be trading a share that closes at $10 at the end of today but due to some event that happens overnight; it opens tomorrow at $5 and continues to go downwards for the rest of the day.
Gaps bring about another degree of uncertainty that may meddle with a trader's strategy. Probably one of the most worrying aspects of this is when a trader uses stop-losses. In this case, if a trader puts a stop-loss at $7 because he no longer wants to be in a trade if the share price hits $7, his trade will remain open overnight and the trader wakes up tomorrow with a loss bigger than he may have been prepared for.
After looking at a couple of forex charts, you will realize that there are little price 'gaps' or none at all, especially on the longer-term charts like the 3-hour, 4-hour or the daily charts.
Volatility
Trading opportunities exist when prices fluctuate. If you buy a share for $2 and it stays there, there is no opportunity to make a profit. The magnitude of level of this fluctuation and its frequency is referred to as volatility. As a trader, it is volatility that you profit from. Large volume transactions and high liquidity combined with fewer trading instruments generate greater intra-day volatility in the currency market that can be exploited by day-traders. The high volatility of the currency market indicates that a trader can potentially earn 5 times more money from currency trading than trading the most liquid shares.
Volatility is a measure of maximum return that a trader can generate with perfect foresight. Volatility for the most liquid stocks are between 60 to 100. Volatility for currency trading is 500. (Source: Oanda.)
In this respect, currencies make a better trading vehicle for day-traders than the equity markets.
Low Transaction Costs
A currency transaction typically incurs no commission or transaction fees. For a forex trader, the spread is the only cost he or she needs to cover in taking on a position. In addition, because of the currency market's efficiency, there is little or no 'slippage' costs.
'Slippage' is the cost involved when traders enter the market at a price worse than the level they wanted to get into. For example, a trader wants to buy a share at $2.00 but by the time, the order gets executed, his gets to buy the shares at $2.50. That fifty cents difference is his slippage cost. Slippage cost affects large-volume traders a lot. When they buy large quantities of a commodity, it oversupplies the market with buy orders. This applies a pressure for the price to go up. By the time they get to buy all the quantities they wanted, the average price they got their commodities would be higher than the price they intended to get them for. Conversely, when they sell large quantities of a commodity, they oversupply the market with sell orders. This applies a pressure for the price to go down. By the time they finish selling all their commodities, their average selling price is less than what they initially intended to sell them for.
Due to lower transaction costs, minimum slippage and strong intra-day volatility, individuals can trade frequently at small costs. As an approximate, you may only expect to have a spread of 0.03% of your position size. To give you an example, you can buy and sell 10,000 US Dollars and this will only incur a 3-point spread, equivalent to $3.
Leverage
There are not a lot of banks or people who would lend you money so that you can use it to trade shares. And if there are, it would be very hard for you to convince them to invest in you and in your idea that a certain share is going to go up or down. Therefore, most of the time, if you have a $10,000 account, you can only really afford to buy $10,000 worth of stocks.
In currency trading however, because you use 'borrowed money', you can trade $10,000 of a currency and you only need anywhere between fifty (For a margin lending ratio of 200:1) to two hundred dollars ( For a margin lending ratio of 50:1) in your trading account. This makes it possible for an average trader with a small trading account, under $10,000 to be able to profit sufficiently from the movements of the currency exchange rates. This concept is explained further in The Part-Time Currency Trader.
Profit From A Bull And Bear Market
When you are trading shares, you can only profit when the price of a stock goes up. When you suspect that it is about to go down or that it is just going to be moving sideways, then the only thing you can do is sell your shares and stand aside. One of the frustrations of trading shares is that an individual cannot profit when prices are going down. In the currency market, it is easy for you to trade a currency downward so that you can profit when you think it is going to lose value. This is easy to do because currency trading simply involves buying one currency and selling another, there is no structural bias that makes it difficult to trade 'downwards'. This is why the currency market has been occasionally referred to as the eternal bull market. This is an excerpt, modified from the book: The Part-Time Currency Trader. by santosh "REGULARITY IN TRADE CONCERN IS TRADEMARK"
Beneficial Financial bowing out of insurance business
Beneficial Financial bowing out of insurance business
For more than a century, Beneficial Financial Group has been selling insurance to members of the LDS Church, heeding the call of prophet Heber J. Grant, who encouraged Beneficial's founding to protect living souls from the suffering he and his widowed mother endured. On Tuesday, the church-owned company announced it will discontinue issuing life insurance policies and annuities in October, setting Beneficial on a path that will put it out of business, possibly in 50 years, while putting 150 people out of work almost immediately. Beneficial will halt sales in late August and issue the last new policies Oct. 31. It is taking the actions because the company is too small to compete against bigger, newer rivals that can offer more financial products, said Mark Willes, CEO of Deseret Management Corp., Beneficial's parent company. Willes said the meltdown of global financial markets also played a part. Because of its exposure to mortgage-backed securities, Beneficial was forced to write down the value of its investment portfolio by $600 million over the past two years. To offset the losses, Deseret Management has had to provide Beneficial with $594 million in additional capital, Willes said. "So the fundamental rationale for the decision is you end up with a business that because of its size has limited economic potential, [and] is not high enough to make up for the attendant risks involved in the business," Willes said. The measures announced Tuesday represent the second major decision Willes has made since the former publisher of The Los Angeles Times was asked by the church's First Presidency early this year to take over the reins of Deseret Management. In March, Willes announced a sweeping change of the organization. Church leaders wanted Willes to run Deseret Management as an operating company instead of a holding company. Tuesday's actions will not affect owners of Beneficial's life insurance policies and annuities, who number 150,000 to 160,000. Willes said the compan is well capitalized and "fully able" to meet its obligations until Beneficial is out of business, sometime around the middle of the century. Instead, the impact will fall on about 70 percent of Beneficial's work force of 214 home office and field representatives who will lose their jobs in the coming four months. Beneficial CEO Kent Cannon "met with all the employees and broke the news to us," said Brent Burgon, a 34-year employee and managing director of technical services. "Of course we knew something was in the wind, but this was kind of a surprise. It's hard to realize the company will not be transacting business as it has in the past," Burgon said. The first employees were laid off Tuesday. Furloughs will continue until Oct. 31. Willes said anyone who loses a job will receive severance packages that grow increasingly generous as the company works from top executives down to workers with fewest job responsibilities and lowest salaries. A long-term employee can receive up to a year in salary. "We just want to make sure, particularly in this market, that people feel that they have been dealt with in a fair, even generous way," Willes said. Beneficial was the only company in Utah selling life insurance products when the company was established in 1905, shortly after statehood. "In that case it was an exceptionally valuable part of the community and part of people's lives, and that continued for decades," Willes said. "But in the meantime other companies have grown up and are now much larger. So anybody who wants to buy insurance has a number of alternatives, and really there's no need for a church-owned business to sell those products," he said.
by shresthasantosh99@.com
Personal Finance Education
Personal Finance Education
Resources for personal finance education that can benefit both families and individuals are widely available. Whether a consumer needs help in creating a sound budget, keeping careful records, setting realistic monetary goals, or coming up with a plan for regular savings, there are many organizations, publications, and websites that can be of help. No matter what degree of help a family might need, seeking advice in this area is always a wise move. Adults who are just starting out in life may need help juggling student loans as well as everyday expenses. Learning the early warning signs of financial trouble can be very helpful. Individuals who are well established may simply need help setting up savings accounts for retirement or find ways to fund a child's education. Of course, there are families with serious debt and credit issues who are in need of counseling. Whatever levels of help each situation demands; there are personal finance education opportunities that will fill the need. Issues such as insurance and credit history can also be addressed. Professional financial planners can provide counseling and help to consumers in need. A variety of websites may also offer instruction and advice. Local learning institutions may also offer classes and workshops that can provide teaching in this area. Taking advantage of these educational resources can mean the difference between economic success and financial disaster.One very important area of personal finance education is the area of budgeting. A budget can serve as a foundation for maintaining control of a family's assets and expenditures. Getting expenses under control is very important. Trained counselors can explain the budgeting process to consumers as well as recommend the type of budget that will best fit a particular client's needs. This budget could be a comprehensive one, a problem solving system, a planning budget, a yearly overall budget, or a cost savings plan. Comprehensive budgeting involves detailed tracking of every bit of money that is spent each month. If a client is having problems in a particular area, budgeting that zeros in on that area can be very helpful. An example of this approach could apply to the family that tends to overspend on eating out, but keeps other areas of spending under control. By setting a specific allotment for dining away from home each month, this expense can be brought under control. A planning budget can be a temporary plan that will set aside funds for a specific goal. At times, a family may wish to cut back in all areas of spending. A professional who is trained in personal finance education may be able to help these families develop a system that will decrease overall spending, perhaps allowing for savings or helping a family live within their means.When pursuing personal finance education, a consumer will generally be instructed to take certain key steps. A trained counselor may ask the client to think about any financial goals that they may have. Both long term and short term goals will need to be considered. Following this, an evaluation of current debt is important. Only by realistically looking at debt can a consumer develop a plan for paying that liability off. Debt management plans can be tricky, but solid advice and guidance can help bring indebtedness under control. Whether pursuing this information through a counselor, through self directed research or by enrolling in a formal class, a consumer can begin to get themselves on a sound track financially. In some cases, debt consolidation or negotiation may be necessary. A financial advisor may suggest that a client should put some bills on an automatic payment plan. Such plans can put a budget on track while keeping accounts current. Of course, any personal finance education endeavor would be incomplete without an understanding of the importance of saving money. Issues such as retirement, college expenses, and just plain old saving
Personal Finance Education
Google_protect And Run("render_ads.js::Google_render_ad", Google_handle Error, Google_render_ad); Resources for personal finance education that can benefit both families and individuals are widely available. Whether a consumer needs help in creating a sound budget, keeping careful records, setting realistic monetary goals, or coming up with a plan for regular savings, there are many organizations, publications, and websites that can be of help. No matter what degree of help a family might need, seeking advice in this area is always a wise move. Adults who are just starting out in life may need help juggling student loans as well as everyday expenses. Learning the early warning signs of financial trouble can be very helpful. Individuals who are well established may simply need help setting up savings accounts for retirement or find ways to fund a child's education. Of course, there are families with serious debt and credit issues who are in need of counseling. Whatever levels of help each situation demands; there are personal finance education opportunities that will fill the need. Issues such as insurance and credit history can also be addressed. Professional financial planners can provide counseling and help to consumers in need. A variety of websites may also offer instruction and advice. Local learning institutions may also offer classes and workshops that can provide teaching in this area. Taking advantage of these educational resources can mean the difference between economic success and financial disaster.One very important area of personal finance education is the area of budgeting. A budget can serve as a foundation for maintaining control of a family's assets and expenditures. Getting expenses under control is very important. Trained counselors can explain the budgeting process to consumers as well as recommend the type of budget that will best fit a particular client's needs. This budget could be a comprehensive one, a problem solving system, a planning budget, a yearly overall budget, or a cost savings plan. Comprehensive budgeting involves detailed tracking of every bit of money that is spent each month. If a client is having problems in a particular area, budgeting that zeros in on that area can be very helpful. An example of this approach could apply to the family that tends to overspend on eating out, but keeps other areas of spending under control. By setting a specific allotment for dining away from home each month, this expense can be brought under control. A planning budget can be a temporary plan that will set aside funds for a specific goal. At times, a family may wish to cut back in all areas of spending. A professional who is trained in personal finance education may be able to help these families develop a system that will decrease overall spending, perhaps allowing for savings or helping a family live within their means.When pursuing personal finance education, a consumer will generally be instructed to take certain key steps. A trained counselor may ask the client to think about any financial goals that they may have. Both long term and short term goals will need to be considered. Following this, an evaluation of current debt is important. Only by realistically looking at debt can a consumer develop a plan for paying that liability off. Debt management plans can be tricky, but solid advice and guidance can help bring indebtedness under control. Whether pursuing this information through a counselor, through self directed research or by enrolling in a formal class, a consumer can begin to get themselves on a sound track financially. In some cases, debt consolidation or negotiation may be necessary. A financial adviser may suggest that a client should put some bills on an automatic payment plan. Such plans can put a budget on track while keeping accounts current. Of course, any personal finance education endeavor would be incomplete without an understanding of the importance of saving money. Issues such as retirement, college expenses, and just plain old saving for a rainy day come under this category. Learning to live in a way that sets aside a certain percentage of a family's income into a savings account can be a challenge. But succeeding in this important area can yield very real benefits in the future.In addition to handling basic economic issues wisely, personal finance education can be extended to the children in a family. Helping children understand the concepts of financial responsibility is very important. There are many resources and teaching aides that can help parents provide positive instruction in this area. Additionally, by getting family finances on track, parents can not only improve home life, but they can also know that they are setting a good example for their offspring. Handling issues of personal finance in an ethical way can have a positive effect on families. The Bible talks about the importance of honesty. "Behold, thou desirest truth in the inward parts: and in the hidden part thou shalt make me to know wisdom." (Psalm 51:6)Many families find that the greatest benefit of personal finance education can be found in learning to deal with credit card debt. There are a number of examples of dangerous behavior that come under the credit card umbrella. Using a charge account to handle ordinary expenses of living is a recipe for disaster. When making payments on charge accounts, paying only the monthly minimum is a huge mistake as well. Late penalties and missed payments can be very damaging to credit scores. However these concerns are handled, reaching out for help when dealing with financial issues can make a huge and positive difference for many families.
for a rainy day come under this category. Learning to live in a way that sets aside a certain percentage of a family's income into a savings account can be a challenge. But succeeding in this important area can yield very real benefits in the future.In addition to handling basic economic issues wisely, personal finance education can be extended to the children in a family. Helping children understand the concepts of financial responsibility is very important. There are many resources and teaching aides that can help parents provide positive instruction in this area. Additionally, by getting family finances on track, parents can not only improve home life, but they can also know that they are setting a good example for their offspring. Handling issues of personal finance in an ethical way can have a positive effect on families. The Bible talks about the importance of honesty. "Behold, thou desirest truth in the inward parts: and in the hidden part thou shalt make me to know wisdom." (Psalm 51:6)Many families find that the greatest benefit of personal finance education can be found in learning to deal with credit card debt. There are a number of examples of dangerous behavior that come under the credit card umbrella. Using a charge account to handle ordinary expenses of living is a recipe for disaster. When making payments on charge accounts, paying only the monthly minimum is a huge mistake as well. Late penalties and missed payments can be very damaging to credit scores. However these concerns are handled, reaching out for help when dealing with financial issues can make a huge and positive difference for many families.
source belongs to the santosh.
Resources for personal finance education that can benefit both families and individuals are widely available. Whether a consumer needs help in creating a sound budget, keeping careful records, setting realistic monetary goals, or coming up with a plan for regular savings, there are many organizations, publications, and websites that can be of help. No matter what degree of help a family might need, seeking advice in this area is always a wise move. Adults who are just starting out in life may need help juggling student loans as well as everyday expenses. Learning the early warning signs of financial trouble can be very helpful. Individuals who are well established may simply need help setting up savings accounts for retirement or find ways to fund a child's education. Of course, there are families with serious debt and credit issues who are in need of counseling. Whatever levels of help each situation demands; there are personal finance education opportunities that will fill the need. Issues such as insurance and credit history can also be addressed. Professional financial planners can provide counseling and help to consumers in need. A variety of websites may also offer instruction and advice. Local learning institutions may also offer classes and workshops that can provide teaching in this area. Taking advantage of these educational resources can mean the difference between economic success and financial disaster.One very important area of personal finance education is the area of budgeting. A budget can serve as a foundation for maintaining control of a family's assets and expenditures. Getting expenses under control is very important. Trained counselors can explain the budgeting process to consumers as well as recommend the type of budget that will best fit a particular client's needs. This budget could be a comprehensive one, a problem solving system, a planning budget, a yearly overall budget, or a cost savings plan. Comprehensive budgeting involves detailed tracking of every bit of money that is spent each month. If a client is having problems in a particular area, budgeting that zeros in on that area can be very helpful. An example of this approach could apply to the family that tends to overspend on eating out, but keeps other areas of spending under control. By setting a specific allotment for dining away from home each month, this expense can be brought under control. A planning budget can be a temporary plan that will set aside funds for a specific goal. At times, a family may wish to cut back in all areas of spending. A professional who is trained in personal finance education may be able to help these families develop a system that will decrease overall spending, perhaps allowing for savings or helping a family live within their means.When pursuing personal finance education, a consumer will generally be instructed to take certain key steps. A trained counselor may ask the client to think about any financial goals that they may have. Both long term and short term goals will need to be considered. Following this, an evaluation of current debt is important. Only by realistically looking at debt can a consumer develop a plan for paying that liability off. Debt management plans can be tricky, but solid advice and guidance can help bring indebtedness under control. Whether pursuing this information through a counselor, through self directed research or by enrolling in a formal class, a consumer can begin to get themselves on a sound track financially. In some cases, debt consolidation or negotiation may be necessary. A financial advisor may suggest that a client should put some bills on an automatic payment plan. Such plans can put a budget on track while keeping accounts current. Of course, any personal finance education endeavor would be incomplete without an understanding of the importance of saving money. Issues such as retirement, college expenses, and just plain old saving
Personal Finance Education
Google_protect And Run("render_ads.js::Google_render_ad", Google_handle Error, Google_render_ad); Resources for personal finance education that can benefit both families and individuals are widely available. Whether a consumer needs help in creating a sound budget, keeping careful records, setting realistic monetary goals, or coming up with a plan for regular savings, there are many organizations, publications, and websites that can be of help. No matter what degree of help a family might need, seeking advice in this area is always a wise move. Adults who are just starting out in life may need help juggling student loans as well as everyday expenses. Learning the early warning signs of financial trouble can be very helpful. Individuals who are well established may simply need help setting up savings accounts for retirement or find ways to fund a child's education. Of course, there are families with serious debt and credit issues who are in need of counseling. Whatever levels of help each situation demands; there are personal finance education opportunities that will fill the need. Issues such as insurance and credit history can also be addressed. Professional financial planners can provide counseling and help to consumers in need. A variety of websites may also offer instruction and advice. Local learning institutions may also offer classes and workshops that can provide teaching in this area. Taking advantage of these educational resources can mean the difference between economic success and financial disaster.One very important area of personal finance education is the area of budgeting. A budget can serve as a foundation for maintaining control of a family's assets and expenditures. Getting expenses under control is very important. Trained counselors can explain the budgeting process to consumers as well as recommend the type of budget that will best fit a particular client's needs. This budget could be a comprehensive one, a problem solving system, a planning budget, a yearly overall budget, or a cost savings plan. Comprehensive budgeting involves detailed tracking of every bit of money that is spent each month. If a client is having problems in a particular area, budgeting that zeros in on that area can be very helpful. An example of this approach could apply to the family that tends to overspend on eating out, but keeps other areas of spending under control. By setting a specific allotment for dining away from home each month, this expense can be brought under control. A planning budget can be a temporary plan that will set aside funds for a specific goal. At times, a family may wish to cut back in all areas of spending. A professional who is trained in personal finance education may be able to help these families develop a system that will decrease overall spending, perhaps allowing for savings or helping a family live within their means.When pursuing personal finance education, a consumer will generally be instructed to take certain key steps. A trained counselor may ask the client to think about any financial goals that they may have. Both long term and short term goals will need to be considered. Following this, an evaluation of current debt is important. Only by realistically looking at debt can a consumer develop a plan for paying that liability off. Debt management plans can be tricky, but solid advice and guidance can help bring indebtedness under control. Whether pursuing this information through a counselor, through self directed research or by enrolling in a formal class, a consumer can begin to get themselves on a sound track financially. In some cases, debt consolidation or negotiation may be necessary. A financial adviser may suggest that a client should put some bills on an automatic payment plan. Such plans can put a budget on track while keeping accounts current. Of course, any personal finance education endeavor would be incomplete without an understanding of the importance of saving money. Issues such as retirement, college expenses, and just plain old saving for a rainy day come under this category. Learning to live in a way that sets aside a certain percentage of a family's income into a savings account can be a challenge. But succeeding in this important area can yield very real benefits in the future.In addition to handling basic economic issues wisely, personal finance education can be extended to the children in a family. Helping children understand the concepts of financial responsibility is very important. There are many resources and teaching aides that can help parents provide positive instruction in this area. Additionally, by getting family finances on track, parents can not only improve home life, but they can also know that they are setting a good example for their offspring. Handling issues of personal finance in an ethical way can have a positive effect on families. The Bible talks about the importance of honesty. "Behold, thou desirest truth in the inward parts: and in the hidden part thou shalt make me to know wisdom." (Psalm 51:6)Many families find that the greatest benefit of personal finance education can be found in learning to deal with credit card debt. There are a number of examples of dangerous behavior that come under the credit card umbrella. Using a charge account to handle ordinary expenses of living is a recipe for disaster. When making payments on charge accounts, paying only the monthly minimum is a huge mistake as well. Late penalties and missed payments can be very damaging to credit scores. However these concerns are handled, reaching out for help when dealing with financial issues can make a huge and positive difference for many families.
for a rainy day come under this category. Learning to live in a way that sets aside a certain percentage of a family's income into a savings account can be a challenge. But succeeding in this important area can yield very real benefits in the future.In addition to handling basic economic issues wisely, personal finance education can be extended to the children in a family. Helping children understand the concepts of financial responsibility is very important. There are many resources and teaching aides that can help parents provide positive instruction in this area. Additionally, by getting family finances on track, parents can not only improve home life, but they can also know that they are setting a good example for their offspring. Handling issues of personal finance in an ethical way can have a positive effect on families. The Bible talks about the importance of honesty. "Behold, thou desirest truth in the inward parts: and in the hidden part thou shalt make me to know wisdom." (Psalm 51:6)Many families find that the greatest benefit of personal finance education can be found in learning to deal with credit card debt. There are a number of examples of dangerous behavior that come under the credit card umbrella. Using a charge account to handle ordinary expenses of living is a recipe for disaster. When making payments on charge accounts, paying only the monthly minimum is a huge mistake as well. Late penalties and missed payments can be very damaging to credit scores. However these concerns are handled, reaching out for help when dealing with financial issues can make a huge and positive difference for many families.
source belongs to the santosh.
Essential Elements of a Successful Trader
Essential Elements of a Successful Trader
Courage Under Stressful Conditions When the Outcome is Uncertain.
All the foreign exchange trading knowledge in the world is not going to help, unless you have the nerve to buy and sell currencies and put your money at risk. As with the lottery “You gotta be in it to win it”. Trust me when I say that the simple task of hitting the buy or sell key is extremely difficult to do when your own real money is put at risk.You will feel anxiety, even fear. Here lies the moment of truth. Do you have the courage to be afraid and act anyway? When a fireman runs into a burning building I assume he is afraid but he does it anyway and achieves the desired result. Unless you can overcome or accept your fear and do it anyway, you will not be a successful trader.However, once you learn to control your fear, it gets easier and easier and in time there is no fear. The opposite reaction can become an issue – you’re overconfident and not focused enough on the risk you're taking.Both the inability to initiate a trade, or close a losing trade can create serious psychological issues for a trader going forward. By calling attention to these potential stumbling blocks beforehand, you can properly prepare prior to your first real trade and develop good trading habits from day one.
Start by analyzing yourself. Are you the type of person that can control their emotions and flawlessly execute trades, oftentimes under extremely stressful conditions? Are you the type of person who’s overconfident and prone to take more risk than they should? Before your first real trade you need to look inside yourself and get the answers. We can correct any deficiencies before they result in paralysis (not pulling the trigger) or a huge loss (overconfidence). A huge loss can prematurely end your trading career, or prolong your success until you can raise additional capital.The difficulty doesn’t end with “pulling the trigger”. In fact what comes next is equally or perhaps more difficult. Once you are in the trade the next hurdle is staying in the trade. When trading foreign exchange you exit the trade as soon as possible after entry when it is not working. Most people who have been successful in non-trading ventures find this concept difficult to implement.For example, real estate tycoons make their fortune riding out the bad times and selling during the boom periods. The problem with trying to adapt a 'hold on until it comes back' strategy in foreign exchange is that most of the time the currencies are in long-term persistent, directional trends and your equity will be wiped out before the currency comes back.The other side of the coin is staying in a trade that is working. The most common pitfall is closing out a winning position without a valid reason. Once again, fear is the culprit. Your subconscious demons will be scaring you non-stop with questions like “what if news comes out and you wind up with a loss”. The reality is if news comes out in a currency that is going up, the news has a higher probability of being positive than negative (more on why that is so in a later article).So your fear is just a baseless annoyance. Don’t try and fight the fear. Accept it. Have a laugh about it and then move on to the task at hand, which is determining an exit strategy based on actual price movement. As Garth says in Wayne world “Live in the now man”. Worrying about what could be is irrational. Studying your chart and determining an objective exit point is reality based and rational.Another common pitfall is closing a winning position because you are bored with it; its not moving. In Football, after a star running back breaks free for a 50-yard gain, he comes out of the game temporarily for a breather. When he reenters the game he is a serious threat to gain more yards – this is indisputable. So when your position takes a breather after a winning move, the next likely event is further gains – so why close it?If you can be courageous under fire and strategically patient, foreign exchange trading may be for you. If you’re a natural gunslinger and reckless you will need to tone your act down a notch or two and we can help you make the necessary adjustments. If putting your money at risk makes you a nervous wreck its because you lack the knowledge base to be confident in your decision making.Patience to Gain Knowledge through Study and FocusMany new traders believe all you need to profitably trade foreign currencies are charts, technical indicators and a small bankroll. Most of them blow up (lose all their money) within a few weeks or months; some are initially successful and it takes as long as a year before they blow up. A tiny minority with good money management skills, patience, and a market niche go on to be successful traders. Armed with charts, technical indicators, and a small bankroll, the chance of succeeding is probably 500 to 1.To increase your chances of success to near certainty requires knowledge; acquiring knowledge takes hard work, study, dedication and focus. Compile your knowledge base without taking any shortcuts, thereby assuring a solid foundation to build upon.
by mr.santoshshresta17@gmail.com
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