30 Oktober 2013

Dispelling Myths of High Frequency Trading


The purpose of this paper is to dispel misconceptions about the effect of high frequency traders (HFTs) on market making. I will clarify how markets are made on non-HFT exchanges and then explore the efficiencies created for the markets by high frequency traders (HFT). I will demonstrate how HFTs can make tighter and more efficient markets that benefit all market participants through the use of high speed computers. The issues of rebate trading and co-location will also be explored.

Understanding High Frequency trading

When thinking about the term “high frequency trading” a helpful image is that of the specialist. The specialist is the member of the exchange who makes a market in stocks and is responsible for maintaining the quote and the book for stocks. The specialist has always been somewhat mysterious and viewed with skepticism over the years. This stems from a misunderstanding of the risks in managing the specialist book and envy of the monopoly that the specialists enjoy. The HFT performs a similar function of making a market and managing risk, but with computers and at high speeds. Not surprisingly, the HFT is also subject to misunderstanding and envy.

How does the specialist earn a living by “making markets”? Stocks trade in a continuous auction market (think Ebay). There is always a bid price, the price the Specialist is willing to pay to buy the stock, and an offer price, the price at which the Specialist is willing to sell the stock. Here’s a simple example for stock XYZ: the market is $10.00 bid and offered at $10.05; or 10.00/10.05. Customer A is bullish and decides to buy 100 shares, so he/she sends their order to the market and the specialist sells 100 at 10.05. The specialist resets the market to 10.01/10.06 (because of the buy interest) and sometime later Customer B decides to sell 100 shares at 10.01. The specialist buys the shares at 10.01 for a profit of 4 cents on a hundred shares, or $4.00. The specialist will most likely reset the market to 10.00/10.05. The point is that the specialist makes a living by buying on the bid and selling on the offer to “capture” the spread between the two prices.

As you may guess, the reality is not as simple and is far more risky than the example. If customer A wants to buy, it is somewhat likely that Customers B, C, and D may also want to buy at the same time and it would be easy to create a case where the specialist would sell a substantial number of shares before someone else showed up as a seller. So the skill of being a specialist is in determining where the balance of supply and demand, the balance of buyers and sellers, are in the stock and then making a market around that level. This level is typically a moving target during the day. Also, the specialist must manage the risk involved in being long or short the stock. Managing the risk entails not letting the position get too big, either long or short, to protect against adverse price movements ( i.e. having a long position with prices going down or short position with prices going up). If the risk is managed well and the specialist is profitable, the money made from capturing the spread between the bid and ask prices will offset the losses from adverse movement of the position. The specialist will typically have an overnight long or short position which entails additional risk. To compensate for the very real risk involved in making a continuous market, the specialist has historically enjoyed a monopoly on the stocks listed at his post. While this enhanced the specialist’s chances of being successful, it hindered the development of faster more efficient markets.

Enter the high frequency trader, and the HFT computers. The computers are programmed to make a market as described above and the software also computes a new market after each trade and manages the risk of the trade. The reason the HFT is successful is that they have extraordinarily good risk management. This is because the software has perfect discipline; it will always do what it is programmed to do. Completely unemotional about taking a profit or loss, it is significantly better at managing a long or short position than a person. Additionally the software can assess many more factors than a human can; it can have multiple inputs well beyond what a human can observe and so can calibrate a better market. At the end of the day the HFT is almost always flat, meaning that they have no net market impact.* This creates a much more efficient market by tightening the spread between the bid and offer and reducing the impact on the market of a single trade. This benefits all participants of the marketplace.

Rebate Trading

Exchanges and ECNs offer a rebate for any market participant who posts their market at the exchange and there is a very good reason for this. While specialists are obligated to make markets, the HFT has no such responsibility. In fact, the HFT is wise to hold back and test the waters before jumping in and being the first market maker on the scene. This is because if the HFT posts first with a market that is too high or too low, the HFT runs the risk of multiple losing trades because of the speed at which other HFTs will respond to take advantage of their “bad” market. The HFT may then acquire a significant long or short position that is on the wrong side of the market. To overcome this disadvantage the exchanges offer a rebate to those that post of typically 25 cents per 100 shares, and charge a fee to those who take liquidity of typically 30 cents per hundred shares. The rebates encourage the HFT to take the risk of posting first and also allow them to make money from making a very narrow market.

So here’s what happens when the HFT makes a tighter more efficient market and the simple example (from above) becomes much more efficient and competitive. Instead of the market being 10.00/10.05 the HFT posts 10.02/10.03. Customer A buys 100 shares at 10.03 from the HFT. The HFT resets the quote to 10.03/10.04 and Customer B comes in to sell 100 shares and gets a price of 10.03 the new price from the HFT. Customer A has saved 2 cents per share (less the take fee) by buying at 10.03 instead of the non HFT price of 10.05, and customer B has also saved 2 cents per share(less the take fee) by selling at 10.03 instead of 10.01. The HFT has “scratched” 100 shares (buying and selling 100 shares at the same price), something that the specialist cannot make money doing. But the HFT has received two rebates, one on the sell to Customer A and one on the buy from Customer B. The rebate to the HFT totals 50 cents, and both customers save $1.70 on this sample trade. The rebate was the incentive for the HFT to make a much more efficient market by making a tighter bid/ask for the customers of 10.027/10.033, which in the days of manual trading would have not been profitable. The HFT makes money by repeating this process thousands and thousands of times in the course of the trading day and effectively managing the risk from such a narrow market.


In addition to the risk of declaring the market first, the HFT also runs the risk of having the posted quote become stale due to rapidly changing market conditions and being traded against with a quote that is not current. The principal reason the HFT’s need to co-locate is to compete with each other, not to compete with the customers. If you are a slow HFT, other HFTs will take advantage of your markets. To keep the quotes as current as possible the HFT will position their computers in the same facility as the exchange to cut down on the travel time it takes to refresh their quotes at the exchange. Co-location is available to anyone who is willing to take on the expense and management of this opportunity. It becomes fairly expensive when you factor in the servers, power, telecommunications and staff that it takes to operate in this fashion. HFTs will occasionally trade with each other, but it is the competition between them for customer orders that keeps the markets narrow and efficient.


High frequency trading is an automated version of the specialist model. The HFTs have brought significant efficiencies to the market place by breaking wide open the specialist monopoly and competing with each other for customer orders. HFTs offer customers tighter and better pricing (less cost to trade) and much faster access to the markets for quicker fill times. The HFTs speed and efficiency coupled with rebates make it possible for HFTs to earn a living by making a market that is effectively one half cent wide and available to all buyers and sellers.

The Next Generation of HFT Trading

In the specialist model a good floor broker would ask the question of the specialist “What is the market?” and get a picture from the specialist of what size might be available up or down a few ticks or where there might be size available to trade. The lack of this information in the HFT model has made it more difficult to execute large orders. Traders have resorted to parsing out their orders into the small lot market. There is a new ATS, called PDQ which restores this functionality in the high speed electronic marketplace, causing the HFTs to compete for orders. A full discussion of PDQ, the next stage in the evolution of electronic markets, exceeds the scope of this paper. To learn more go to

*HFTs should not be confused with other forms of electronic trading. Traders can now use computers to automatically execute trades in a similar fashion to the old manual days, such as rebalance portfolios, trend follow, invest and speculate. Unlike HFTs, these programs are not involved in making markets and providing liquidity and they do have market impact.

Discover Ideas On How To Sell Gold Coins

For whatever reason that you are looking for ways to sell gold coins, just be sure that you are really ready to let go of your collections. You probably spent a lot of time collecting them, so you want to get the best price possible.

Nowadays, both collectors and non collectors are trying to find ways to convert gold coins into acceptable cash. Some says that their collections could help them to temporarily augment their budget, while others just simply want to get rid of them.

On the other hand, there are different reasons and ways why you have gold coins or bullions in your possession. It is possible that you have them as inheritance or you just simply collect them during the times that your budget allowed you. For that, it is only fair to target the best gold coin prices available in your area.

To help you get the most value of your possession, here are some things that you could do:

1. Count your coins. Before anything else, you have to know how many piece of gold you own and how many of them you are willing to sell. The list will also serve to get quotes that you can put into your list so that you know where the best price is.

Remember, collectible coins are usually valuable and dealers would usually do almost anything to get to them. Sometimes, they could you even attract with sweet deals, if you show them everything you have. It is best to sell each coin individually.

2. Appraise the value of your coins. To do this, it is important that you are familiar with what you possess. Without having any clue of what you have, gold coin dealers could just easily fool you.

To avoid being scammed on your collection value, just look at the era, craftsmanship and condition of the items. All of these three play important role in determining the value of gold piece.

Moreover, it is always better to ask expert’s evaluation unless you are an expert yourself. Experienced appraisers have the necessary skills and tools to provide you the most accurate estimate of your gold coins value.

3. Look for reliable buyers, but to find them you need to do some research. There are buyers all over the world, but you should see if you can sell them with a reasonable distance from where you are or with a few states from you.

Nowadays, there people who buy gold coins online. This makes selling gold coins easier. But then again, always be mindful of the people you deal with because even through the net, fakes do exist.

If you want to sell gold coins online, you could go to auction sites like eBay. They usually implement strict regulations on these sites so the risk is less.

When it comes to store front buy and sell gold or exchanges, just be sure that the shop you dropped into is really reliable. Try to ask other businesses around it, regarding their reputation before you enter their door.

Knowing how to sell gold coins doesn’t make you safe from scammers, so always be careful and be mindful of the feedback coming from other people, who have had previous transactions with gold buyers.

29 Oktober 2013

Free Online Forex Trading Courses

Over recent years online forex trading has now become big business and certainly in the financial sector this is the biggest market of all in the world. The reason why this market has grown compared to the many other financial markets is because of the rise in the number of traders working online rather than using the more traditional method of trading by using the phone. Because of this increase there are a number of sites which are now offering to people the chance of learning about this through taking free online forex trading courses.

However as with a lot of things in life today sometimes the best things in life are not for free and certainly the same could be said for many of these courses. When you are considering taking an online forex trading course, there are a number of things that you will need to take into consideration.

1. Who is offering this course?
2. Just why is it they are offering to provide you with a book to learn about Forex trading for free?
3. Are they actually offering this course because they are promoting a particular trading site and then want you to enroll on it?
4. Once you begin to read the book do you find that they are being extremely pushy when it comes to actually getting you to use a particular website to invest your money in?

The answers that you provide to the above questions will help to show you just how honest the information being provided to you for free is.

One way of discovering if the free online forex trading course that you are looking at is of the highest standard is by looking at how much of the information contained within it is replicated elsewhere. You will soon learn that a lot of the information you find in some of the free online forex trading course books can easily be found when you search the net.

So rather than using these books or courses to teach you how to trade on the Forex market instead use the advice and articles about the subject that are being offered on other sites. Plus why not join one of the many forums that have been set up and discuss your issues with some of the people here. They are people who have been trading on the Forex market for some time and will often offer you the best advice when it comes to finding a suitable course for learning about Forex trading.

Certainly the better free online Forex trading courses are those that do not limit themselves to telling you about how one company trades. Rather it should be providing you with views of all the sites that are available and which are run by established companies. Any such courses should be prepared to provide you with everything that you need to know about the world of Forex trading and not restrict you to using the services of just one or the abilities of one company.

28 Oktober 2013

World of Warcraft Skinning - How to Make Gold From the WoW Profession Skinning

WoW Skinning can provide real WoW gold profits. I consider it one of the best noob Professions if you want to make gold early in the game. Yes, it can be time consuming, but if you play your Wow cards right, you can begin to stock up on gold early on.

Skinning demands you have some serious bag space right off the bat. So the first thing you need to do is invest a small amount of time or gold getting some bags. This is because WoW skinning is definitely a Gathering Profession that will occupy a lot of time on the field. Let's go over that for a second. You skin by hunting, that takes time, especially at the lower levels, once you get a good skin or hide, then you usually have to create leather by using Leatherworking recipes, either by you or someone in your guild, again, more time. So clear those bags, get some food and water, take a few potions because you'll be on the field for a while.

The good thing about the WoW Skinning Profession is that you make gold as you level up. How? Simply be doing what I told you above. Carry enough stuff to be on the field for a while, and empty those bags because you are going to be stocking up on some skins and leather. For instance, if your on a quest, you will find that it's very easy to level up your Skinning Profession along the way simply by finding and killing the skinnable wildlife you find along the way, just make sure you get a list of the wildlife you need to be hunting before you go on a quest. Cool huh!

Now for those pesky scraps! Don't discard those scraps just because you think they might not bring in some gold. Quite the contrary. For instance, just because your getting Knothide leather scraps instead of leather doesn't mean you can't make a tidy profit. How? Find a Leatherworker that has the skill to turn those scraps in full blown Knothide leather pieces. You can trade or buy or give some valuable information for the work. You should also keep your eyes open for those special leather drops, such as Clefthoof Leather.

World of Warcraft Skinning Profession can bring in the gold if used properly. Get creative while leveling up or questing. Also think of what other Profession will compliment Skinning to further expand your WoW gold profits. Good luck.

27 Oktober 2013

Home Business Program That Generates $100,000 Monthly For Life? By

This article is about a "SECRET" foreign currency trading program, forex trading, online forex trading, currency market, online investing, home business income, home business opportunity income program how to trade foreign currencies, forex trading education, foreign currency trading coach, software, how to make easy money online, work from home job, work at home program, learn forex trading, brokers, predictions, money managers, get rich trading forex, ebook, online investment, internet income program that helps anyone of average intelligence to create true wealth, success and happiness.

About 8 years ago, we discovered online foreign currency trading through a friend who was considered a reputable financial genius.

Foreign currency trading is when you BUY the currencies of the countries of the world and when their values go up, you SELL them and make money.

You can also do the opposite.

You can SELL the currencies and when their values go down, you BUY them and make money.

To us, it looked like the easiest, fastest and greatest way to make money on earth without doing any hard work or large investment.

We were very excited and rushed online to get more information about it.

We searched all over the internet to obtained more information on how to invest in foreign currency online and get filthy rich.

However, there were little good and valid information available online.

There were also very few websites selling foreign currency trading programs online.

We checked out a few of them and found out they were all selling the same type of information.

Basically, all wanted you to learn fundamental and technical analysis and spend many hrs daily reading forex graphs, doing forex mathematics and listening to news before you are able to trade the currencies and generate any income.

We were very appalled and discouraged because doing fundamental and technical analysis are not easy.

Moreover, if you open a forex account and hire a money manager to trade it for you, he/she would over trade your account and cause you to lose all your money. (account churning)

Some would make money using your account but generate a false account statement that shows you lost money and send it to you.

And there are some who would make money trading for you but who would not allow you to withdraw your money when you desire!

We read and heard about the stories of many investors who lost hundreds of thousands of their hard-earned money by using money managers to trade the foreign currencies.

That was why we were more interested to firstly, learn how to trade and try to make some money before we may consider using a money manager, if that would help us make more money.

The problem we had was that we could not find any forex-trading program e-book for the novice and beginner investor.

We went to the websites of many foreign currency-trading brokers to see if we could obtain any information that would make it easier to understand how to trade profitably.

We were shocked to find that all of them had the same information and they recommended the same thing: technical and fundamental analysis.

However, they had User Guides that teach how to use their software platforms to trade.

After spending a couple of months studying the User Guides from a couple of brokers and attempting to trade and failed, we were frustrated and sad.

Their User Guides were very difficult and confusing to understand.

It seemed to us that as if they were intentionally made difficult to prevent the average beginner from learning how to trade.

It appeared to us that because foreign currency trading is the easiest and fastest way to create wealth, there is a conspiracy to shut out the general public from learning how to trade and getting rich from it.

If it is made easy and everybody can click their mice and bam, generate $1000 daily, who would be interested in doing any office job or working in the factory for $6, $10, and even $30/hr?

This would explain all the rumors we heard on how dangerous trading foreign currencies are; that you could lose all your money and that you should not trade them.

We were shocked but not surprised or discouraged. It should be expected.

We knew that it is common sense to expect that if one finds a gold mine and desires to keep it all to himself and prevent others from knowing about it and becoming a competitor, he could prevent others by simply spreading false rumors that gold-mining is very dangerous, that you could lose all your money and that down inside the gold mine there are human-eating monsters waiting to swallow anyone alive who ventures down there.

What we decided to do was to embark on a mission to find a way to understand foreign currency trading and then simplify it and make it possible for any average person to get filthy rich from it, without doing any hard work, large investment, reading graphs, doing technical analysis or splitting hairs.

Within a year of practicing daily and learning as we go, we were able to develop a very simple, easy, profitable and POWERFUL system that we named "Mscsrrr Automated Online Secret Wealth System".


We were very excited to achieve this and decided that we were not going to selfishly keep it to be ourselves and that we would share it with a few people because we knew that there were others who also wanted to get rich from foreign currency trading but could not find any easy and simple way to do so.

We created a website and began to market this program in an ebook format.

With Mscsrrr Automated Online Secret Wealth System, any person with average intelligence, could now trade foreign currencies from his/her home or office and generate thousands of dollars weekly, without doing any hard work, large investment, reading graphs, doing technical analysis or banging his/her head on the wall or selling his/her soul to the devil.

Mscsrrr Automated Online Secret Wealth System is foreign currency trading and investing made easy, simple, fun and very profitable.

Nevertheless, how do you know this is true?

There are so many deceptive people on the internet who peddle invalid information and e-books online these days.

It is difficult to trust anybody.

For this reason, we must ask you not to believe or trust us.

Let our record (foreign currency trading statement below) convince you.

Below is our recent demo foreign currency trading account statement to show you how powerful and profitable it is using our Mscsrrr Automated Online Secret Wealth System.


Please be aware that Mscsrrr Automated Online Secret Wealth System is sold as "information only" and there is no guarantee that you may do as well as we have done or make any money.

You could do as well as we do or even better or you could lose all your money.

Yes, foreign currency trading may be the easiest and fastest way to create true wealth if you do it right, as we recommend or it may become the easiest and fastest way to lose money!

It depends on you.

After you examine our demo foreign currency trading account statement below and you have fire in your belly and desire to stop making excuses for your lousy financial situation and problems in life, you may go to our website and get the ebook and study it and use our powerful SECRET trading information and strategy to start creating true wealth to achieve financial security and your ambitions in life.

If you are already a professional trader who is making more than $100,000 monthly, please ignore this article and ebook. Do not buy our ebook!


We are currently trying to diversify our business and planning to stop marketing Mscsrrr Automated Online Secret Wealth System ebook.

Therefore, it is critically important that if you desire to obtain this powerful financial information that could help you create true wealth and become financially secure and happy at last, that you rush to our site and see if the website is still there.

Any day and at any minute, we shall stop marketing Mscsrrr Automated Online Secret Wealth System and remove this website.

Now, you may go to our website at:

If you visit our website now and get Mscsrrr Automated Online Secret Wealth System ebook, we wish that it would help you to finally start creating abundant wealth, success and happiness that you deserve.

Thank you.


To learn more, please visit Mscsrrr Automated Online Secret Wealth System




(2 DAYS)

9725724 00543701 AUD/USD 1,000 S 0.88692 0.88528 164 $1,640.00

10/3/2007 12:28 10/3/2007 12:48

9725728 00543701 NZD/USD 1,000 S 0.75810 0.75700 110 $1,100.00

10/3/2007 12:28 10/3/2007 12:48

9720344 00543701 AUD/USD 500 S 0.88870 0.88690 90 $900.00

10/3/2007 08:19 10/3/2007 12:26

9721859 00543701 NZD/USD 1,000 S 0.76050 0.75830 220 $2,200.00

10/3/2007 09:36 10/3/2007 12:26

9721952 00543701 GBP/USD 300 S 2.03790 2.03590 60 $600.00

10/3/2007 09:41 10/3/2007 12:08

9703060 00543701 EUR/USD 500 S 1.41431 1.41331 50 $500.00

10/2/2007 10:47 10/3/2007 11:42

9723007 00543701 USD/CHF 1,000 B 1.17620 1.17610 -10 -$85.03

10/3/2007 10:21 10/3/2007 10:23

9722615 00543701 USD/JPY 1,000 B 116.590 116.630 40 $342.96

10/3/2007 10:09 10/3/2007 10:18

9722536 00543701 USD/JPY 1,000 B 116.540 116.615 75 $643.14

10/3/2007 10:07 10/3/2007 10:18

9722037 00543701 GBP/USD 300 S 2.03782 2.03772 3 $30.00

10/3/2007 09:43 10/3/2007 10:15

9721849 00543701 USD/JPY 1,000 B 116.426 116.537 111 $952.49

10/3/2007 09:35 10/3/2007 10:07

9720002 00543701 NZD/USD 500 S 0.76160 0.76075 42.5 $425.00

10/3/2007 08:03 10/3/2007 09:34

9719995 00543701 AUD/USD 500 S 0.88950 0.88920 15 $150.00

10/3/2007 08:03 10/3/2007 08:18

9719897 00543701 USD/JPY 500 B 116.128 116.19734.5 $296.91

10/3/2007 07:59 10/3/2007 08:17

9711476 00543701 USD/CAD 100 S 0.99520 0.99470 5 $50.27

10/2/2007 21:59 10/3/2007 07:58

9676068 00543701 USD/JPY 1,000 B 115.950 116.150 200 $1,721.91

220.00 10/1/2007 08:38 10/3/2007 02:53

9711374 00543701 USD/CAD 300 B 0.99592 0.99682 27 $270.86

10/2/2007 21:54 10/3/2007 01:53

9711402 00543701 NZD/USD 300 B 0.76250 0.76310 18 $180.00

10/2/2007 21:56 10/2/2007 22:02

9711420 00543701 AUD/USD 300 B 0.89020 0.89070 15 $150.00

10/2/2007 21:57 10/2/2007 22:01

9711305 00543701 AUD/USD 200 B 0.89000 0.89020 4 $40.00

10/2/2007 21:51 10/2/2007 21:53

9711303 00543701 NZD/USD 200 B 0.76215 0.76260 9 $90.00

10/2/2007 21:50 10/2/2007 21:53

9711293 00543701 USD/CAD 200 S 0.99613 0.99582 6.2 $62.26

10/2/2007 21:50 10/2/2007 21:52

9711091 00543701 AUD/USD 100 B 0.88890 0.89012 12.2 $122.00

10/2/2007 21:37 10/2/2007 21:49

9711099 00543701 NZD/USD 100 B 0.76080 0.76160 8 $80.00

10/2/2007 21:37 10/2/2007 21:49

9711125 00543701 USD/CAD 100 S 0.99733 0.99646 8.7 $87.31

10/2/2007 21:38 10/2/2007 21:48





beginning="beginning" total="total" gross="gross" p="p"



ENDING BALANCE: $90,997.57

N/N CloseDate/Time TicketN Instrument BS Lot Open Rate

Open Date Close Rate GROSS


(1) 08/12/2007 17:01:50 3502158 EURUSD S 4 1.3694 08/10/2007 18:40:42 1.3687 $280.00

(2) 08/12/2007 20:09:18 3502157 USDCHF S 1 1.1984 08/10/2007 18:35:40 1.198 $33.39

(3) 08/13/2007 11:10:13 3508196 EURUSD B 4 1.3617 08/13/2007 11:06:51 1.3622 $200.00

(4) 08/13/2007 11:11:14 3508200 USDCHF S 4 1.2052 08/13/2007 11:07:22 1.205 $66.39

(5) 08/13/2007 13:11:48 3508653 USDJPY S 1 118.36 08/13/2007 13:11:23 118.39 (-$25.35)

(6) 08/13/2007 13:16:46 3508197 GBPUSD S 4 2.0117 08/13/2007 11:07:12 2.0119 (-$80.00)

(7) 08/13/2007 13:16:46 3508660 USDJPY S 10 118.33 08/13/2007 13:13:36 118.31 $169.03

(8) 08/13/2007 13:20:39 3508669 USDJPY S 10 118.30 08/13/2007 13:15:50 $118.30

(9) 08/13/2007 13:24:53 3508688 USDJPY S 20 118.25 08/13/2007 13:20:58 118.23 $338.32

(10) 08/13/2007 13:37:35 3508689 GBPUSD B 4 2.0121 08/13/2007 13:21:35 2.0125 $160.00

(11) 08/13/2007 18:54:56 3508726 EURUSD S 8 1.3618 08/13/2007 13:23:48 1.3607 $880.00

(12) 08/13/2007 19:03:22 3509561 GBPUSD B 8 2.012 08/13/2007 18:56:30 2.0126 $480.00

(13) 08/13/2007 19:13:35 3508773 USDJPY S 20 118.26 08/13/2007 13:27:01 118.23 $507.49

(14) 08/13/2007 19:17:57 3508246 USDCHF S 1 1.2044 08/13/2007 11:11:32 1.205 (-$49.81)

(15) 08/13/2007 19:18:04 3508246 USDCHF S 1 1.2044 08/13/2007 19:17:57 1.2052 (-$66.41)

(16) 08/13/2007 19:18:12 3508246 USDCHF S 1 1.2044 08/13/2007 19:18:04 1.205 (-$49.81)

(17) 08/13/2007 19:18:50 3509596 EURUSD S 8 1.3608 08/13/2007 19:16:11 1.3607 $80.00

(18) 08/13/2007 19:19:05 3508718 EURUSD B 1 1.3622 08/13/2007 13:23:34 1.3604 (-$180.00)

(19) 08/13/2007 20:13:36 3509610 USDJPY S 10 118.21 08/13/2007 19:19:53 118.16 $423.16

(20) 08/13/2007 20:14:05 3509598 USDJPY S 5 118.24 08/13/2007 19:17:09 118.14 $423.23

(21) 08/13/2007 20:22:50 3508695 GBPUSD S 6 2.0116 08/13/2007 13:21:52 2.0106 $600.00

(22) 08/13/2007 21:29:24 3508246 USDCHF S 7 1.2044 08/13/2007 19:18:12 1.2042 $116.25

(23) 08/14/2007 01:49:25 3509618 GBPUSD B 7 2.0119 08/13/2007 19:26:42 2.0125 $420.00

(24) 08/14/2007 02:54:23 3510008 GBPUSD S 5 2.0111 08/13/2007 21:31:11 2.01 $550.00

(25) 08/14/2007 03:02:47 3509611 EURUSD S 8 1.3605 08/13/2007 19:20:25 1.3595 $800.00

(26) 08/14/2007 03:43:21 3509617 USDCHF B 7 1.2052 08/13/2007 19:26:25 1.2057 $290.17

(27) 08/14/2007 08:51:04 3508654 USDJPY B 3 118.39 08/13/2007 13:11:48 118.45 $151.92

(28) 08/14/2007 08:52:18 3512965 USDCHF B 5 1.2085 08/14/2007 06:34:58 1.2106 $866.98

(29) 08/14/2007 11:53:07 3515226 USDCHF B 1 1.2083 08/14/2007 11:32:56 1.209 $57.88

(30) 08/14/2007 13:55:36 3515853 EURUSD S 10 1.3567 08/14/2007 13:37:41 1.3547 $2,000.00

(31) 08/14/2007 13:57:09 3515852 GBPUSD S 10 1.999 08/14/2007 13:37:30 1.997 $2,000.00

(32) 08/14/2007 14:04:31 3515223 EURUSD S 2 1.3577 08/14/2007 11:32:09 1.3537 $800.00

(33) 08/14/2007 16:12:56 3510004 USDJPY S 7 117.86 08/13/2007 21:30:26 117.66 $1,189.87

(34) 08/14/2007 18:32:44 3515225 GBPUSD S 2 1.9996 08/14/2007 11:32:24 1.9962 $680.00

(35) 08/14/2007 21:50:41 3517335 EURUSD S 10 1.3527 08/14/2007 20:13:48 1.3522 $500.00

(36) 08/14/2007 21:50:53 3517333 GBPUSD S 10 1.995 08/14/2007 20:13:21 1.9946 $400.00

(37) 08/14/2007 21:51:03 3517059 GBPUSD S 2 1.9957 08/14/2007 18:34:51 1.9947 $200.00

(38) 08/14/2007 21:51:13 3517056 EURUSD S 2 1.3531 08/14/2007 18:34:38 1.3522 $180.00

(39) 08/14/2007 22:45:33 3517639 GBPUSD S 10 1.9943 08/14/2007 21:52:04 1.9933 $1,000.00

(40) 08/15/2007 00:02:32 3517640 EURUSD S 10 1.3519 08/14/2007 21:52:21 1.3516 $300.00

(41) 08/15/2007 00:02:43 3517042 USDCHF B 2 1.2108 08/14/2007 18:33:27 1.2118 $164.98

(42) 08/15/2007 08:27:27 3520782 USDCHF B 3 1.2137 08/15/2007 06:53:08 1.2153 $394.83

(43) 08/15/2007 09:07:43 3521394 USDCHF B 5 1.2157 08/15/2007 08:29:22 1.2168 $451.82

(44) 08/15/2007 11:11:58 3521738 USDCHF B 10 1.2171 08/15/2007 09:07:32 1.2178 $574.57

(45) 08/15/2007 17:23:16 3524788 GBPUSD S 10 1.9911 08/15/2007 16:19:51 1.987 $4,100.00

(46) 08/15/2007 17:23:24 3524786 EURUSD S 10 1.345 08/15/2007 16:19:28 1.3429 $2,100.00

(47) 08/15/2007 21:13:40 3525280 EURUSD S 15 1.3426 08/15/2007 17:24:10 1.34 $3,900.00

(48) 08/15/2007 23:12:27 3526629 EURUSD S 20 1.3407 08/15/2007 22:28:27 1.3393 $2,800.00

(49) 08/15/2007 23:15:45 3525277 GBPUSD S 20 1.9866 08/15/2007 17:23:52 1.9845 $4,200.00

(50) 08/15/2007 23:41:00 3526915 GBPUSD S 20 1.9839 08/15/2007 23:16:08 1.9816 $4,600.00

(51) 08/16/2007 06:36:19 3526919 EURUSD S 5 1.3385 08/15/2007 23:16:25 1.3375 $500.00

(52) 08/17/2007 07:47:54 3510010 USDCHF S 5 1.2037 08/13/2007 21:31:26 1.203 $290.96


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26 Oktober 2013

Bleeding Green and Gold

I started following Major League Baseball at the age of 10, shortly after the A's moved from Kansas City to Oakland in 1968, and it didn’t take me very long at all to figure out that baseball was, at least for me, the greatest sport in the history of the universe (nothing else has ever come close).

I regularly begged my parents to take me to A's games as a youngster, but it never happened often enough for my liking (Oakland was a long, arduous 90 minute drive away from our home in the central valley).

Nonetheless, I always treasured every moment of the games I did attend.

I quickly became attached to the A's in a big way, and followed their every move as if my own life hung in the balance. I remember being absolutely crushed when they were swept by the Baltimore Orioles in the first and (at the time) only round of playoffs in 1971... and then thrilled beyond my wildest imagination only a year later.

In those early years I watched the A's change from a team of mediocrity to one of greatness. Since then, I have seen them morph a number of times from awful to brilliant and back again. Of course I still feel disappointment when they fail to clinch a playoff berth, or lose a series in the post season (as they just finished doing), but tend to get over it much more quickly than I did as a kid.

When I moved abroad in 1981, and in the many years away from home that followed (nearly 25), I discovered that my passion for baseball and the A's did not diminish at all... if anything, it may have grown even stronger.

I still tried to attend games when making trips home to visit friends and family. In fact, I made a point of scheduling several vacations near the end of the season so I'd be able to watch the pennant races wind down, and then catch the first round of playoffs (by the way, after moving back to northern California last year, I find that a 90 minute drive to Oakland takes absolutely no time at all!)

Through the years I have been fortunate enough to attend a few post-season games, though never during a World Series (wasn't persuasive enough to talk my parents into that). And although I have never been there to see them clinch any sort of championship in person (not that they didn’t have the opportunity), I do have a handful of special baseball memories to look back on.

In addition to all the great players and games I've seen at the Coliseum, I was also lucky enough to witness George Hendrick's first career home run (a walkoff with 2 outs in the 10th inning), Sal Bando's grand slam on the 4th of July, watched Bert Campinaris fling his bat over the head of Tigers pitcher Lerrin LaGrow after being hit by a pitch in game two of the '72 Division Series and, on the final day of the regular season in 1975, saw the quartet of Vida Blue, Glenn Abbott, Paul Lindblad and Rollie Fingers combine on a no-hitter to beat the Angels (I was also there to see Jeter's miracle-flip to Posada in game three of the 2001 Division Series, but as an A's fan it’s awfully hard to rate that as a highlight).

My allegiance to the A's has certainly been tested a time or two in my nearly 40 year career as a fan, most notably when former owner Charles O. Finley saw many of my favorite players heading for the exits in the mid-seventies, and courteously stood there holding the door open for them (heck, he even gave a couple of them a nudge). I threatened to start following another club at the time, but could never actually bring myself to do it.

The Oakland A's have always been my one and only team, and the fact that they always will be should come as a surprise to no one.

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25 Oktober 2013

Gold Detector Treasures

Call it a growing hobby, a pastime or an obsession, gold detecting gets into your blood after a while. Using a gold detector can be very relaxing and sometimes mesmerizing, finding gold nuggets might be the goal but fun of prospecting for gold provides so much pleasure as an outdoor activity.

With lots of equipment, tools and books available in the market it can be quite a challenge to get started, there is also and abundance of opinions from experts trying to promote a particular brand or product which can be equally confusing. For the person looking to buy their first metal detector a popular solution is to buy a basic gold metal detector and then learn by using it as you practice gold prospecting, it is also great practice to just go out to the park, beach or wood and look for anything that gives you a signal, even that is a great thrill.

Every gold detector has pros and cons depending on how much you pay for it and what you intend to use it for. With a specialized prospecting detector you get the high efficiency of locating even small nuggets at a shallow depth. The down side is that it may have poor discriminating abilities and you might end up with digging up lots of trash. With all gold detectors patience is the key for finding gold. Do not leave the spot until you have scanned it effectively, then you can move on and mark out another area. Despite your hard work, you might not find anything, start all over again on a new location applying the same degree of concentration. With a little reading of some books on the subject, some effort and the right equipment, you too could be finding hidden treasures.

A metal detector is really not a complicated device but the specifications look quite technical. It has three basic parts, the first one is the coil which can come in different shapes, it has a power supply and a control box. Most of the job involves the control box because it is that one part that is triggered when there is metal around and this signal is what causes the gold detector to do its job.

Of all the different kinds of metal detectors, probably one of the most important is the gold metal detector. It is pretty obvious that gold is an element that is worth a lot in many ways and this makes gold metal detectors a prized possession as well. Metal detectors identify various metals by testing the conductivity of the metal. A target signal is eliminated for unwanted ferrous metals like leftover iron, steel, pull tabs and bottle tops while increasing target signals to high conductive metals as gold along with brass and silver.

22 Oktober 2013

Forex Trading Traps

I wish I was reading this a couple of years ago!!

It would have saved me a lot of money!

Well it might not be a lot of money to the guys who sold me their forex trading systems, but it was to me. I spent thousands of my hard earned and saved dollars on forex systems that promised big results, yet did not deliver for me.

Don’t get me wrong, some of the Forex systems work; I actually talked to people who did get results from the programs.

Unfortunately I was one of them!

Yes you read it correctly I made money in my first week of trading!

In Forex you basically trade long term or short term, I was doing the short term trading (a day or less).

Yes I made good money thousands of dollars, boy was I excited I was wondering how long had this been going on. Forget the 9 to 5 job that just gets you by, that pays the bills but you don’t have anything left over to live on. I was going to make a killing, retire, work a few hours a day and live the good life!

Everything was great for a couple of weeks then I lost on a few trades, no big deal I will get it back on the next one. Because I had made good money for a couple of weeks I "knew I would get it back".

Then I began to learn what really goes on in the Forex world.

Swimming in shark infested water would be safer than playing with these guys.

Sometimes little bites, then big bites that almost break you in two, yes sir these guys know how to get at you.

This is what happened to me.

The market would be heading steadily in one direction then all of a sudden reverse and take my position out; you guessed it I would lose money. The weird thing about it was that when I did not set my stop loss it hardly happened to me. (The problem with putting a trade on without a stop loss is that you have to watch the trade all the time in case the market makes a big move against you, very dangerous.)

What was going on?

Ok there is a lesson here, the Forex broker was playing games with me he would manipulate the price to stop out my position and take my money! I found that one out too late, but you need to take note there are a lot of crooks out there in the Forex World. These guys know every trick in the book and they have been doing this for years. I started a demo account with another broker and compared the price movements and that’s how I found out that my broker was playing games.

Once I knew their tactics I could change brokers and see if the next one did the same or not put a stop loss on and spend all day in front of the computer. Well I still had to work and pay the bills so that was not going to work for me and frankly I did not have a lot of money left in the account to work with.

I learnt something else during this period; you need to take all the emotion out of your trading. I found that difficult as I had made money to start with and as I am not a robot, making money to start with turned out to be part of my downfall, it clouded my judgement.

What I needed and it is what you need!!!

An honest broker that is happy earning their money from the spread they get for each trade, their commission if you like.

A system that get better than 50% winners and takes the emotion out of the trading!

I was determined to get this Forex thing working for me; I could see the potential I just could not get it working for me.

So I tried several auto trading systems, some that only cost a $100 dollars and others that cost me over a thousand.

The real cheap ones could get a 50% or better winning trade result but only in certain market conditions. If the market was not working the way they assumed I would lose (I was only using demo accounts for these, I have learnt a little bit since I started trading Forex) and all the gains made would disappear.

The systems that cost a lot more where complicated you had heaps of setting that you had to adjust depending on things like, time of day, market trends- steady market volatile market, the currency pair that you were trading etc etc.

You getting the picture? You need to be an analytical person or plainly put a rocket scientist to get it right. I not either of them so that did not work.

Frankly it was all too hard and too costly and I needed a break.

I never gave up on the Forex market I just needed to regroup and start a fresh.

A few months later I was looking at a website that promised results in the Forex market. My first reaction was oh yea I have heard that before, yet I had a look.

These days I know what I am looking for:

• An automated system, to take the emotion out of it.

• A money back guarantee, if they don’t have one then they do not believe it works, so why should I.

• An honest broker that works with the system, it not much good having a system only to find out your broker can't or won't support it.

• A broker that has reasonable spreads, the commission the broker gets on each deal. If the spread is to much it is hard for a lot of systems to make money.

When you drop a few thousand on Forex courses and systems and then a few more on Forex trading, it prompts a lot of soul searching.

These days I know what I am looking for:

• An automated system, to take the emotion out of it.

• A money back guarantee, if they don’t have one then they do not believe it works, so why should I.

• An honest broker that works with the system, it not much good having a system only to find out your broker can't or won't support it.

• A broker that has reasonable spreads, the commission the broker gets on each deal. If the spread is to much it is hard for a lot of systems to make money.

A broker that does'nt deal against you, you win he loses- you lose he wins. Guess what happens in these situations.

A broker that does'nt deal against you, you win he loses- you lose he wins. Guess what happens in these situations.

These days I know what I am looking for:

• An automated system, to take the emotion out of it.

• A money back guarantee, if they don’t have one then they do not believe it works, so why should I.

• An honest broker that works with the system, it not much good having a system only to find out your broker can't or won't support it.

• A broker that has reasonable spreads, the commission the broker gets on each deal. If the spread is to much it is hard for a lot of systems to make money.

• A broker that does not deal against you ie you win he loses, you lose he wins. Guess what happens in this situation.

When you drop a few thousand on Forex courses and systems and then a few more on Forex trading, it prompts a lot of soul searching.

19 Oktober 2013

Find Your Futures Trading Blood Type

Perhaps the greatest luxury I have in this business is the ability to observe the experiences of many traders with different personalities, life schedules and risk capital, each trading in a variety of markets। What most astute brokers realize is that, over time, as some individuals prematurely exit winners while others desperately cling to losers, it becomes quite possible to match different "blood types" of those traders with their correct "trading diets." Clearly, we're not talking the medical blood type here, but in the figurative sense it makes the right point. With practice, it's not too hard to determine blood types (type of trading best suited to the individual) based on the personality of the trader, and then prescribe a diet based on that individual trader's capital, experience, risk profile and schedule.

Discovering Your Blood Type and Trading Diet

Just like a diet, where there is no right plan for everyone, in trading there is no single plan for all traders. Before deciding whether to "cut out the carbs," "add more fiber," or simply avoid certain markets, do some self-assessment, starting with personality. For example, are you hesitant or impulsive? Patient or short-tempered? Identify strengths and weaknesses, and then let someone close to you help pinpoint those personality pros and cons. Have a tough skin; it's for your own good.

To further understand your personality, keep a trading journal to help zone in on specific traits and how they affect your trading. Remember, understanding your personality is one thing; understanding it when you're trading is another. While patience with children is good, patience with a losing trade is not. A journal enables traders to review winning and losing trades and identify factors that aided in success or contributed to failure. After reviewing inner traits, don't forget to review the outer ones—your schedule and risk capital. Think long and hard about how much you have available in terms of time and risk capital when it comes to trading, and don't delude yourself. In addition, look at how you are using your time and risk capital. Go over the market(s) you are trading, the style of trading and time frames you are using. Is this market, this style and this time frame suitable to your risk capital and personal schedule? Are they suitable to your personality?

Doing some self-assessment is absolutely essential to determining what type of trading diet you should be on, as the examples later will make clear. But first let's define the trading blood types and their respective diets.

Blood Types and Trading Diets

No A-positive or universal donor types are necessary here. Instead, for our purposes, let's classify types by using NT, PT, DT and ST.

NT. Is trading suitable for you at all? That is the question. Trading require a desire to take risks and, of course, the ability to afford to take them. These simple suitability questions must be firmly answered in the affirmative before anyone can consider taking the plunge. Those who have little desire for risk, have little risk capital to spare (and completely disposable income at that) and little time to devote to this very challenging exploit are classified as blood type NT (No Trading). The right diet is no trading at all. No carbs, no cals, no fiber, no fat. Nada.

PT. Those who are either gun-shy or trigger happy would be classified as blood type PT (Position Trading). With what kind of regime, you ask? Clearly this type requires a rule-based diet. To develop those rules first and foremost means doing some homework after market hours. Once these rules are in place, test any possible trade idea against those guidelines because each trade must pass this test before Mr. or Ms. PT enters the trade. This is the time to plan a trade from start to finish, visualizing a few different scenarios with a possible action plan. It may also be the time to employ the assistance of a full-service broker. His or her job should be to help implement the rules that will keep the trigger-happy trader from going nuts or help the trader with a fear of pulling the trigger to take the right kinds of actions.

DT. Some traders simply cannot take any positions home with them. It hurts the quality of their "after-trading-hours life" and makes them uncomfortable. Most of them also are impatient by nature and tend to over trade. They feel a need to be in the market at all times because they are scared of missing a good trade and scared of losing too much. This blood type is classified as DT (Day Trading).

Patience, discipline and strategy are the main diet ingredients for this group, but certainly not exclusive to it. Setting daily loss limits is a must, and a daily trading journal will help them quite a bit. The correct training cycle for successful day trading involves education, planning, routine, survival and getting to the point where a trader finds the set ups with which he is both most comfortable and can produce high success rates. A note here: More often than not, the biggest obstacle DTs face is the patience for such a set up; they feel they are not working if they are not trading, because they are day traders. This is one mentally crippling thought they must get over to survive. Being a day trader does not mean that the individual must be in the market with frequency — only that he must be flat at the end of the session so as not to take his position(s) home with him.

ST. Then there are traders who try to go with the flow of the market and take small to medium bites out of market ranges or, perhaps, trade ranging markets between different support and resistance levels. Many will do it well for a period of time until they are almost married to it and get stuck with a loser. Let's classify this group as blood type ST (Swing Trading).

The biggest problem most swing traders have is the ability to take losses. Too many traders — even those who generally are good, consistent traders — fail by carrying one big loser one too many times. Is this stubbornness, the inability to admit making a wrong move(s), simply a case of hoping instead of trading? Those who have walked in these shoes know who they are and should be ready for the ST diet — placing stops and understanding that even the best of traders have more losers than winners. The math is very simple. Because many markets will trade sideways, there are times when both longs and shorts will come out losers. Some trades simply don't work. The bottom line is that the total of a person's winning trades should outnumber losing trades.

How Two Traders Changed Their Diets

The following two examples, which combine traits of various clients with whom I've worked over the years, point out some of the considerations of which traders must be mindful as they try to figure out what trading diet is most appropriate. The names have been changed to protect both the "innocent" and the "guilty."

Example #1. Karen was one of my first clients. A smart and outgoing woman, she worked in the human resources department for a large company. During her first two years, she had some winning trades but, overall, her account was down.

Karen juggled a busy schedule everyday. She had numerous meetings and often traveled, yet she insisted on day trading stock index futures. I tried to direct her into a different approach, but she resisted.

My advice did not sink in until she hit a period during which all of her trades were going against her, and she was facing a margin call. When I spoke with Karen, her normally self-assured demeanor had changed. She was scared. She was no longer looking forward to the next trading day. After losing most of her money, Karen struggled to make a trading decision. The once confident, outgoing and independent trader was now grasping for outside advice from a variety of newsletters and other resources. She was desperate.

On the morning after a long holiday weekend, Karen called me and with a steady, confident voice, placed orders to get herself out of all of her positions. Over the weekend, she had read a book or two and had some conversations with her husband. It's hard to determine which of these produced the "epiphany," but she now wanted to try a different approach — one of a longer-term nature (PT). After careful reflection, Karen recognized that she was at times impulsive, stubborn and simply not realistic (not good for a DT).

Even though she clearly could not devote the time necessary to be a day trader with her current work schedule and mentality, she realized that her routine and dedication must change completely no matter what the trading time frame. She was now dedicating 30 minutes during the day and/or evening to go over the markets. She adjusted her trading size to fit a longer-term approach but, most importantly, she had a plan, and that plan fit her schedule. She no longer had to make decisions in the heat of the moment. She started looking for longer-term trends that did not require hour-to-hour decision making.

Doing some self-assessment is absolutely essential to determining what type of trading diet you should be on, as the examples later will make clear. But first let's define the trading blood types and their respective diets.

Karen finally understood how to successfully incorporate trading into her life while having another demanding career. Her account has grown over the last two years through the changes she implemented in her routine, behavior and trading style.

Example #2. John started trading about four years ago. He seemed an agreeable enough person, but very business-like with no time for chit-chat. He wanted to trade online from the start because he had plenty of stock trading experience. John lived on the West Coast and was a real estate agent who did pretty well in the dot com bull market trading stocks until the market met its maker. Confident, willing to learn and fairly disciplined, he was trading with $25,000 of pure risk capital, adequate for a first-time futures trader.

Days went by and every morning as I was going over my clients' daily statements, I noticed that John was trading coffee. Not only was he trading coffee, but he was sometimes day trading coffee. I let him know that I would be pleased to talk with him about various markets if he wanted. He would call once in a while checking on fills and asking about different reports.

A few weeks down the road, John called and mentioned he would be in the L.A. area and would like to meet for lunch. During lunch, he mentioned his frustration over recent losses when trading futures. At this point, his account was down to about $14,000 over a six-month period. I asked him why he was attempting to day trade coffee, and he said his brother-in-law was a coffee importer/exporter, and he thought that it would help him. The coffee market was open from 6:15 a.m. to 9:30 a.m. PST, which perfectly suited his work schedule, but as I found out later, not his personality.

I asked him to start writing a trading journal, which allowed him to look back objectively and find patterns in behavior that both helped him and hindered him. John's journal revealed that he was frustrated with the slow fills of the open-outcry coffee market, and so he was quick to get out of winning trades and too slow getting out of his losers. He was trigger happy and at times traded larger positions than he should have.

I suggested that we change his "trading diet" around a bit and introduced him to the U.S. Treasury bond and the E-Mini stock index futures; both trade electronically and provide instant fills. These markets were perfect both for his schedule and personality.

I felt that these were good markets for both day trading and swing trading and recommended a few concepts in money management and trade management. The first was the maximum daily loss that he should set and place in a visible way as a reminder. The second was the setting of a daily profit target. Though it was somewhat hard to implement, if he could walk away when he was down to his maximum daily loss or when he reached his daily profit target, he would last much longer as a trader. It also would give him a better chance of succeeding down the road — in other words, smaller steps down that longer road.

John is still down in his account, but he is making progress. Here are a few tips that have helped him: Instead of buying and selling five contracts at a time and "starting and finishing" the trade this way, he now gets into his trades in multiples of three. In the past, John simply would buy five contracts when he thought he needed to go long and sell five when he felt he needed to take profits or cut his losses.

When John gets into a trade these days (let's say in a long position), he will buy six contracts and place a stop loss on all six. Initially, he looks for a small profit on the first two contracts. (It helps him mentally to know "I took a profit on this trade.") He then raises his stop loss and changes it to a four lot. He looks for a second profit target for two more contracts based on his support and resistance levels. If that profit level is reached, he can get "greedy" with the last two contracts. In essence, he now knows how to manage his trades in a way that increases his profitability. And, further, and perhaps as importantly (based on his personality), he does not feel like he is missing out on big moves if they happen, and he still locks in small profits when they present themselves by using the first and second targets.

Be Realistic

Succeeding in futures trading takes hard work and time, and new traders need to be realistic and introspective right from the start. This is no time to devote anything but risk capital. Beginners should start small, allowing periodic checks to learn from mistakes, and from successes.

Just like anything else in life, from diet and exercise to business and career choice, one size does not fit all. Before anyone can succeed in trading, he or she must spend time doing homework, as well as ascertain personal strengths and weaknesses, schedule, risk capital and trading experience/ knowledge. Only with those in place, can traders choose the trading diet that will work for their blood type.

18 Oktober 2013

What To Look For When Picking Gold Charm Bracelets?

The practice of wearing charmed bracelets was started a long time ago. Before, people used sea shells, woods, bones and stones to create a special bracelet. Ancient people used strings to make them.

Historically, adorned bracelets were used for different purposes. Some people believed that by wearing them, they will be able to attract better fortune or scared or discourage evil from approaching them. In some cases, they functioned as identification and reminder.

Less than a decade ago, adorned bracelets changed its form into something more fashionable and modern. It started in Europe when gold, silver and glass were used to create them.

gold charm bracelets are the most popular choice for most. The reason for this is attributed to the properties of gold. Some say that a gold charm bracelet has better value than silver and glass and there are also those who prefer gold because it doesn’t change its color as fast silver does.

As of now, people who wear charm bracelets do not wear them for the same reasons as people in the past have. Perhaps, being “in with the trend” is the main reason why we see a lot of them hanging on the wrist of mothers, students and employees.

Now, if you are one of those who want to be called trendy, then might as well go for the trendiest style. By wearing some popular gold charm bracelets, you could easily catch people’s attention and be recognized in the name of fashion.

If you are about to attend a special occasion like wedding, then a white gold charm bracelet would be suitable. This style is considered one of the best because it can create the impression of elegance.

Now, let’s talk about color. If you want something with more color to contrast with your tone, then yellow gold charm would be a perfect choice. A yellow gold style is a great competitor of white gold because it can also make someone look classy and elegant.

Themed charm bracelets are another popular selection. These kinds fit best with those who love to collect accessories. Some of the themes that you could find include sports, foods, celebrities and music.

Gold heart charm bracelet work well with every age. For this reason, we can see numbers of women that wear them to work, parties, school and even on their casual days. Moreover, this style will surely be in the trend as long as the charm bracelet is popular.

When it comes to kids, the 14k gold charm bracelet is the popular choice of parents. This kind does not cost as much the 18k gold charm bracelet. Parents find 14k a more practical and a wise choice for kids, since some of them do not know how to take care of their things yet.

Of course, vintage charms will always be around, since, antique gold charm bracelets are also popular. With antiques, you can have unique and timeless accessory hanging on your wrist.

Gold charm bracelets are some of those accessories that we can wear on different occasions and in different times. So, whether you want one for the sake of fashion or belief, just remember to go for something that would suit you the most.

15 Oktober 2013

The Advantages and Disadvantages of Forex Automated Trading Software

Nowadays people are getting into forex. When they do, then they would like a system that can help them make life easier. You have probably joined forex to earn fast money. But how would you like if there is an automated system for Forex that doesn't just earn you huge profits, but it also help you save time and make your life easier by doing Forex trading automatically without needing your all-time supervision? It's double the benefit! In addition to that, a Forex automated trading software comes in a very easy way to understand and steps to follow; even a beginner in Forex can now make trading and earn fast income. Now that makes it triple the benefit! With the assistance of the Forex Automated Trading Software, you can choose a currency, its selling price prior to any buying. You will also need seed money and your trading orders will be executed.

The best thing about the system is that it earns money for you without requiring you to watch over them as they run. As the name implies, an Automated Trading Software of Forex simply means a software system that does foreign currency trading automatically without having the trader to supervise his trading all the time. The software is already programmed in a format of automated trading bots. Everything that is required by a trader is just an internet connection and a computer to get the system run! And an account to start trading of course.

The Forex Automatic Trading Software allows the traders to setup the strategy of their trading systems and the software will automatically generate trades according to the setup. The Forex trading system is able to run on a number of factors at once such as the multiple technical indicators and the market conditions. You can generate signals according to the custom trading systems that you set up. You can also set the system to create orders automatically and later perform trades when a signal of buy or sell is generated. The automated Forex trading software is also programmed to allow you to visually back test your trading systems. You can see them on a historical chart data where you can verify if your trading strategies are running effectively.

Although you may use the automated Forex trading software, there are no guaranteed successes by just depending on the software itself to make you earn high profits of money. Since the trading market depends and directed by some factors such as the economy, the political state of a country or the future strategies of big companies, a trader is still required to have some knowledge and an amount of study before setting up their trading commands. As stated earlier, the system can be programmed by you to follow your individual needs. It means that the automated Forex trading system is not exactly mechanical that you don't need to know anything at all.

When you have already programmed your settings prior to trading, you need to be confident with them. Altering the settings that you made usually can cause disaster. Thus although the Forex automated trading software does every trading for you, a trader usually gets stuck with their pre-programmed pairs they want to trade on. Alterations on settings are not recommended.

If you like the use of an automated trading software system, the thing is you will miss all the knowledge other non-automated traders know when they don't use an automated system in Forex trading. The automated Forex trading system also does not tell you how it is running. But you can still understand it if you go look up the results.

Make more Gold in Word of Warcraft with Add-ons

WoW or World of Warcraft is the best known MMORPG (Massively Multiplayer Online Role Playing Game) in the world which is played by hundreds and thousands of users around the world on a daily basis. As a role playing game this game requires you to collect as many gold as you can so that you can effectively compete against all your competitors while playing it online. There are various tricks and tips through which gold can be collected more effectively in the game. By default you can earn Gold either by farming, crafting, and offering services to other people in the game. Another way of collecting more Gold in WoW is by using some add-ons which can easily integrate with the game.

Now, let's look at some of the best Add-on you can use while playing WoW:

Gatherer - This add-on tracks gathering based notes and puts icons on the world and mini map which helps in finding Gold easily. Through this add-on you can find suitable farming paths and the best part is that you can also share your notes with guild mates and will get notified whenever they discovers a new node.

Auctioneer - This add-on allows you to scan auction houses in WoW, which gives you an idea for how much you should sell a particular item for. This will help you to maximize your returns in the auction house sales.

NPC Scan - This add-on shows you the location of mobs with valuable loots which includes a lot of Gold. It is very difficult to find these mobs without the aid of a specialized tool. NPC Scan detects the mobs location and sounds an alarm and displays to you pictures of the mob which makes the whole process easier for you.

Apart from these there are also other add-ons which can help you make more gold and also makes it easier to play the game. If you do not want to look for Add-ons by your own, you can automate the process of searching and installing a new add-on with specialized software like WoWus ( World of Warcraft Updating System ).

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14 Oktober 2013

Forex Day Trading Systems and Strategies

You've already made the decision to begin your career in forex day trading, but how do you go about choosing which forex day trading system to use? The good news is that choosing a strategy is the most difficult decision you have to make; the bad news is that only you can make this decision. Because you will always open and close your trades within the same 24-hour period, you must choose a forex day trading system that relies on short-term indicators. As a day trader, you should only look for forex day trading systems that accommodate your needs.

You're probably wondering why it's so important to choose a strategy for forex trading. It's very important because the temptation to chase price is so great with enormous leverage and unlimited profit potential. Without a proper forex day trading strategy, all you have to rely on is how you feel, which isn't a reliable indicator. Without one or two forex day trading systems, you won't have the resources you need to succeed. When you're just waiting and speculating on when to enter and exit the market, you're just guessing and you would be better off trying your luck at the Roulette table.

Rule #1: Keep it Simple. When you choose a forex day trading strategy, make sure you understand every aspect of the strategy. Many currency trading systems rely on reading and interpreting data before making a decision to enter or exit the forex market. If you can't read these charts or decipher them, choose a simpler strategy. Forex day trading can be profitable even at small amounts, if you have a clear understanding of your forex day trading system and you implement it correctly.

Rule #2: If You Need Help, Get it! Don't think for one second that because you need help, you won't be successful at forex day trading. Even the largest financial institutions get a help making their money, and there's no reason you can't. Unless you plan to watch the market 24 hours a day, consider using automated trading software. In addition to watching the forex market when you can't, automated software allows you to see the information the software uses to make market decisions. It's almost like having a forex mentor of your very own. Automated software will allow you to see if you've chosen an effective forex day trading strategy.

Rule #3: Stick With It. This rule seems like a no-brainer, but you'd be surprised how many day traders experience a bit of success and cast their forex day trading systems aside. The whole point of choosing an effective day trading system is to make money, and ignoring your trading strategy is guaranteeing loss. A bad day forex trading doesn't mean you've chosen a losing forex day trading strategy; it just means that you had a bad trading day. Give your strategy time to work, and understand you will have winning days and losing days. By sticking with a forex day trading system, you can make sure you have more good days than bad.

13 Oktober 2013

Gold Coast Accommodation and Information for Families

What does the gold Coast have to offer?

The gold Coast has absolutely everything a family could need for the perfect holiday.

Great stretches of golden sands and rolling waves as the Pacific Ocean greets Queenslands playground – the Gold Coast. World famous beaches such as Surfers Paradise, Palm Beach, Burleigh Heads, Broadbeach, Mermaid Waters, Nobby Beach and not to forget the beautiful South Stradbroke Island.

How to get to the Gold Coast

The Gold coast is easily accessible by air, with major airports at Coolangatta (at the southern end of the Gold Coast strip) and Brisbane. Brisbane is only 1 hours drive north of the Gold Coast. There is plenty of parking and things to do, hire a car at the Gold Coast and be free to see the sights.


Shop til you drop! Enjoy the leafy walkways and lakeside restaurants at Pacific Fair – one of Australia’s largest shopping centres. At Marina Mirage, overlooking the magnificent Broadwater, you’ll find local designer and imported fashions and accessories and enjoy casual dining, cafes and art galleries. If you are in Broadbeach, you can’t miss the Oasis Shopping Centre right in the heart of the fabulous dining precinct. Surfers Paradise and its famous Cavill Avenue is just as much Shoppers Paradise with a wide range of shopping centres, boutique lined boulevards and duty free stores. Cavill Mall is a must-see when you’re in Surfers. Dozens of cafes, eateries and bars to cater to all tastes and budgets.

There are also a wide and varied selection of markets to choose from including the Carrara Markets – the biggest markets in the southern hemisphere, offering great crafts, food, leather goods, novelties, books and rides. There are beachfront markets at Surfers Paradise every Friday night between 5:30 and 10pm. There are also markets at Broadbeach, Burleigh Heads, Coolangatta, Jimboomba and Tambourine Mountain.

Theme Parks

The Gold Coast is undoubtedly the theme park capital of Queensland. Dreamworld, the largest theme park in the southern hemisphere boasts 11 themed worlds of fun. Don’t miss Warner Brothers Movie World where the magic of screen comes alive. Sea World is a favourite with the delightful friendly marine life. For more hands on, take the plunge on Wet’n’Wild’s speed slide. Less famous but just as much fun are the smaller theme parks such as Ripley’s Believe it or not Cable Ski World, Frozen World, and numerous family amusement arcades.

Conrad Jupiters Casino

For entertainment without the kids, you can’t go past Conrad Jupiters Casino. A trip to the Gold Coast would not be complete without the excitement of a visit to this world famous casino. Open 24 hours with two floors of gaming tables, a high rollers room, fabulous live shows and a host of bars and themed restaurants, it is definitely worth a visit.

Nature’s Wonderland

For peace and nature lovers, don’t miss the Gold Coast. Follow the roads inland just a few kilometers from the beaches and a magical world unfolds. Don’t miss Lamington National Park, Mount Tamborine or the green mountains of O’Reilly’sEnjoy the tropical rainforests, mountain villages and other hidden treasures of the Gold Coast’s hinterland. Experience the natural beauty on one of the national park’s many walking tracks. These include Witches Falls, Border Rangers, Lamington, Mt Warning, Nightcap and Springbrook National Parks. All National Parks in the hinterland area offer maps to guide you on their walking tracks, which are designed for all levels of fitness. In addition, many day tour companies have guided walks through the rainforest with visits to natural swimming holes.

Don’t miss the largest collection of native animals in the world at Currumbin Sanctuary. Have your photo taken with a koala, feed the colourful lorikeets, walk among the kangaroos, see the fresh water crocodiles or come face to face with the Tasmanian devil – all in their natural environment.

Gold Coast Accommodation

Gold Coast apartments, Gold Coast hotels, Gold Coast resortsÂ…whatever type of accommodation you are looking for you will find it. From the excitement and buzz of Surfers Paradise, to the peace and beauty of Palm Beach, you will find accommodation at the Gold Coast to suit your lifestyle and budget.

For help or bookings for all types of Gold Coast accommodation visit

Remember to take out travel insurance if you think that you may, for health or other reasons, be unable to travel to your holiday of a lifetime.

12 Oktober 2013

Enjoy the True Spirit of Gold Coast with Car Rentals

If you are planning to visit the beautiful land of gold Coast shortly, then you need to know that there are a number of places worth visiting in and around this city and a number of things to do during your holiday. Therefore, you need to well plan your holiday and also arrange for gold Coast car rentals so that you can enjoy the true spirit of the city even during your short visit.

Gold Coast is one of those very few holiday destinations of the world which has to offer something or the other to visitors of all ages and with different interests. Therefore, no matter whether you are looking forward to enjoy a relaxing holiday or an action packed and adventurous one, you will be more than happy to visit this awesome destination.

Gold Coast is one such holiday destinations of the world which allows visitors to get away from the busy and noisy city life and get close to nature and wildlife. There are a number of national parks at short distances from the city, which you can easily visit by arranging for cars rental from Gold Coast. Going for a sunset safari will also prove to be a great experience.

If you are an adventure lover, then you can also arrange for a half day dolphin and stradbroke tour on the Broadwater. Right from turtles and dolphins to even humpback whales, Broadwater is home to abundant marine life.

If you want to experience marine wildlife existing on the secluded beaches and beautiful islands of the region, then you can go for the Australian kayaking adventures. If you want to have a pleasant and unique experience, then you can go for snorkeling off Wave break Island, which is definitely one of the best dive and snorkeling points of the region. You can feed the fish in knee-deep water and can always wear a safety floatation jacket. Therefore, there is no need for you to worry even if you are not a very good swimmer. The memories and experience of snorkeling and feeding numerous species of marine life and sub-tropical fishes, will last you for a lifetime.

No matter which places you opt to visit and which sports and adventures you plan to enjoy during your holiday, it is essential that you arrange for cars hire in Gold Coast from a reputed company, so that you can make the most of your holiday, even if it is a short one.

10 Oktober 2013

Forex Broker Involvement Optional

To trade on the forex market, the largest financial market on the planet, one must use a forex broker. Not unlike a stock broker, a forex broker can also makes suggestions about which moves to make when exchanging foreign currency. Some forex brokers even supply technical analysis to some of their clients and offer tips on research to improve their success as forex traders.

Typically in the forex market a forex broker is a banking institution who may buy up large amounts of a certain currency. For years, banks were the only ones who had access to the forex markets. But today with the Internet, any forex trader, who subscribes with a forex broker, can access the market 24 hours a day.

Today, as with stock brokers, the brick and mortar institutions, such as banks, are less of an option for the individual forex trader who works from home, monitoring the news and gaining insight into certain technical information to help with his or her trading decisions.

Choosing a forex broker may depend on your needs. If you are new to the field, there are houses, or online forex brokers who may cater to your needs, providing in-depth research, ample time to demo their product and so on. Other forex brokers are geared toward the experienced online forex trader. They too offer advice, but may be less likely to offer instructional help with the information, assuming that you may already know how it may or may not benefit you when you read it. It is advisable to read about and even run a demo on several different online forex brokers before going with one.

09 Oktober 2013

Starting A Jewelry Business

Starting a jewelry business is both simple and complex, testing your creativity along with your selling, marketing, networking and customer service skills. Jewelry is one of humanity’s oldest and most enduring passions. People have always been fascinated by precious metals and the jewelry made out of them. Even jewelry made from semi-precious metals and stones have found their own loyal clientele due to their unique characteristics. Diamonds and platinum jewelry, made popular by famous fashion houses, are the rage among consumers.

The Basics

To start a jewelry business, one has to be passionate about jewelry and have a knack for design. In order to be a successful jewelry seller, though, one does not necessarily need to be involved in the creative process, but it helps if the seller is knowledgeable and understands the intricacies involved in each design. The second most important trait is to be able to read the market and understand consumer trends. Nowadays, the tastes of consumers change virtually every month, which increases the challenge of catering to the right market with the right product and avoiding unnecessary and obsolete inventory. Nowadays, it is imperative that every business is tech-savvy and Internet savvy. Selling jewelry on the Internet is every bit as viable as brick and mortar outlets as the Internet allows the seller to connect with customers across the globe. With the increase in e-commerce and a rise in secure payment methods, the Internet has evolved into a lucrative sales channel. The Internet jewelry business is a relatively new phenomenon owing to the high risks involved. The Investments associated with selling jewelry on the Internet vary depending on the level of clientele the seller wants to attract and the merchandise needed to maintain that segment of the market.

Other Important Points

• One must decide whether he or she wishes to be a manufacturer, retailer, wholesaler or a franchisee.

• One must focus energy and effort towards building a brand and becoming the preferred choice of customers.

• One must make or sell designs that the customer wants and not necessarily try to sell the ones that appeal to his/her personal sense of style.

• Wearing Jewelry is a personal choice, and you must be able to personalise an item to suit each customer.

• Custom-made jewelry has its own charm and every one wishes to wear exclusive items, which can bring another range of merchandising options to the seller’s table.

• A Jewelry seller must have an eye for photography since he or she has to use the right pictures of jewels that appeal to the customer in advertisements.

• Packaging and presentation of jewelry is very important since customers would like their prized possessions to be well packaged. For some customers, packaging is as important as the product itself.

• It definitely helps if the seller is a qualified gemmologist or a person with ideas on fashion and design.

• One must have a very good idea about ensemble jewelry and mix and match items since customers often wear different combinations of styles.

• It is very important for jewelry manufacturers or jewelry wholesalers to be aware of the rules governing the sale of the products including the laws for export or import of articles

Off-Line and On-Line Business Models

Offline: Jewelry wholesalers and retailers often start up on a low scale. Both usually begin by opening a shop in a preferred location. It is a good idea to invest in good equipment, a proper location and gradually scale up. One may also choose to become franchisees of reputable labels to cash in on the brand value of the products. It definitely helps if one has a proper understanding of the commodities market since the prices of gold, silver and other precious metals are influenced by various factors that are reflected in the commodity market.

Online: The model is catching on these days, in which manufacturers, designers, retailers and wholesalers have either developed an e-commerce portal or linked up with major online shopping networks to showcase their products. The benefit of the online model is that it is not constrained by geographical boundaries and is the easiest way to go international. The Internet jewelry business is growing exponentially thanks to technology, superior supply chain models and rapid penetration of the web.

The Hybrid Model: The hybrid model involves manufacturers and wholesalers using a combination of both the offline and the online models. In today’s commercial environment it is foolish to ignore the power of the Internet, and established manufacturers and wholesalers often choose to sell through conventional trading channels as well as the Internet. This way they are able to maximize their reach and capture as much market as possible.

It is important to note that since the consumer is extremely fickle, one must be prepared to face the possibility of a design becoming outdated in a very short time. One must therefore be innovative and offer diverse designs that can be mixed and matched with other styles. It is crucial to continue learning about the cultures of other countries and try to incorporate as much as one can to create patterns that are unique and appealing to a variety of customers.