Currency Trading: How To Get Rich And Powerful From Currency Trading Program

What is currency trading?

How can you get rich and powerful from currency trading?

Who can do currency trading?

Can you do currency trading from any country of the world?

Until six years ago, when the United States Congress passed a law and made it possible for the small investors and average citizen to participate in this currency day trading, only large banks, financial institutions, millionaires and billionaires were doing currency trading.

Currency day trading is the best kept Secret of the rich and powerful, international bankers, the money elite, who own and control all the banks, companies, corporations and foundations in the world.

Currency online trading is when you buy and sell the foreign currencies of different countries online.

Through currency trading, you can put your money to work for you like millionaires and billionaires do, instead of you working for your money.

There is no large investment, hard work, technical training or big risk.

Currency day trading investment enables you to use $1 to control an investment worth $200, and $500 to control $100,000 and $1000 to control $200,000 and $5000 to control $1,000,000 worth of investment.

Currency trading is the most profitable and attractive internet investing opportunity because you can do it from home or office and from any country in the world.

In currency online trading, you dont need to do any marketing or selling or internet promotion to succeed.

In currency trading, you dont need to spend thousands of dollars to do any internet promotion.

In currency trading, you dont need any stocks or warehousing.

In currency online trading, all that youve to do is open an account with one of the brokers with as little as $300 or $2000.

Then follow simple instructions to buy and sell the currencies.

When the price of the currency is low, you buy.

In a few seconds or minutes, the price may go up, and you may sell it and make a profit.

By doing so, in a day, you can easily make $500-$1000 by just buying, selling and trading these foreign currencies for about 3 or 4 hrs!

And get this:

You dont even have to be stuck sitting behind your computer buying and selling these foreign currencies.

You can enter all your buy trades and specify the sell prices you desire and then log off.

Whenever the values of these foreign currencies rise and your selling prices reach, the currencies will be automatically sold for you and you make money!

You can put it into an auto-pilot and forget it, and it will keep generating fast easy cash for you daily, 365 days in the year like an ATM machine.

You can do currency trading and at the same time keep your day job, because in currency trading, there is no work to do.

In the future when you have made hundreds of thousands of dollars, you may then quit your job and just keep doing currency trading forever and go on permanent vacation!

To understand the beauty of currency trading, picture this:

In the morning, you get up from sleep at 6 am.

You go to your bathroom and have your shower.

At 7am, you hurry and eat your breakfast.

At 7.20 am, you login into your currency trading account on the internet and spend 10 minutes to buy about 3 or 4 different currencies, [for example British Pound, Euro, CHF (Swiss Currency) and Yen (Japanese currency).]

You can specify the price that you wish to sell each currency.

Then you can log off.

By 9 am, youre at work in your office or business place.

You do your job as usual and by 5 pm, youre finished and heading home.

When you get back home around 6.30 pm, you login into your currency trading account to see how much money youve made.

Holy Molly, there in your account it says you have made $750!

Is this for real?, you wonder

Yes, it is. (Your eyes are not deceiving you)

$750 in a day for just clicking your mouse twice and doing no work?

(Whereas at your job, you work 8 hrs, but make only probably $150)

This is how easy it is to make money from currency trading.

But before you use real money to open a live currency trading account, you have to open a free trial (demo) account (currency simulating trading) and practice first, to understand how it works and to acquire the right skills.

This free demo (trial) currency trading account (currency simulation trading) will help you to reduce a lot of risks that can lead to a loss.

In currency trading, you can choose how much money to invest, how much money to make and when to make it.

You may make money daily, 365 days all year from currency trading.

Your computer can be transformed into an ATM machine that cranks out cash for you daily (without large investment or hassles) from currency trading.

In currency day trading, you can choose what type of risk you can manage, when to invest and when not to invest.

In currency trading, youre the boss. You may do as you please.

When currency trading is compared to other investment programs such as stock trading, bond trading, mutual funds, real estate and regular business, it is evident that currency trading is the fastest and greatest way to make money in the world.

Currency trading is a 2.5 trillion dollars daily business and it is larger than all the stock trading in the world combined.

These are some of the reasons why I believe that currency trading is the best online investing opportunity.

Perhaps from reading this article youll now come to know why currency trading is the secret behind the greatest wealth on earth and why it has been kept hidden from the average people of the world and therefore little known to the masses.

No matter who you are, be it a salesmen, doctors, office clerks, accountants, carpenters, actors, stockbrokers, small business owners, policemen, firemen, musicians, soldiers, housewives, technicians, attorneys, nurses, students, traders, cab drivers, engineers, you can get rich from currency trading.

No matter which country that you come from, such as USA, Canada, Belgium, Denmark, Sweden, Finland, Germany, France, United Kingdom, Switzerland, Norway, Italy, Greece, Spain, Mexico, Peru, Venezuela, Ghana, South Africa, Kenya, Egypt, Israel, Turkey, China, India, Japan, Australia, New Zealand... you can create true personal wealth and success from doing currency trading.

Creating personal wealth on the internet from your home or office has never been this sinfully easy. (http://www.mscsrrr.com)

May these currency trading insights open your eyes to the possibility of infinite wealth and success that can be yours from currency trading.

Please feel free to print or publish this article anywhere and read and also send to your friends and well wishers and please preserve the authors resource box below.

Warmly,

Ikey Benney

To discover a little known shortcut to internet riches, a currency trading program created by I-key Benney, CEO, that enables an average person to generate $1,500 weekly for life, please click on the link : currency trading (http://www.mscsrrr.com)

Putting A Little Away For A Rainy Day: Why Saving Your Money Is Essential

There are countless reasons why you might choose to save your money: if you have children, taking an early step by saving for their future is one of the wisest decisions you can make, especially if you plan to send them to university. But it's always a good idea to have some money saved up in case of a sudden emergency. For example, if you or someone in your family were to experience serious illness, injury or unemployment, wouldn't you want to have that piece of extra security standing by? And because saving is generally done over a long period of time, you won't 'miss' your funds from your current income - as long as you start the process early!

If you're thinking about opening a savings account, it's important to do some research first. There are various types of savings accounts available; all of which suit different financial situations, so approaching the process with patience and a bit of knowledge will help you make the right decisions. The internet is a great resource to help you sort through your options - browse through a handful of bank and financial institution sites to obtain a breakdown of various account and savings options, as well as to get an idea of what each one offers; not to mention the time saved!

Instant access accounts, for example, are among the most popular types of savings accounts. While such accounts do not require any notice prior to withdrawing funds, they do offer 'bonus' savings should account owners refrain from making any withdrawals for a given period of time. This type of account allows you to save and accumulate interest while having peace of mind that funds are available in case of emergencies.

You can also choose to place your money into bonds. Bonds keep your money 'locked' away in a savings account for a specified amount of time while they accumulate interest. While this is a sure way of building capital, it does not allow the withdrawal of any savings for the 'locked' term and is therefore more suitable for those who have other means of financial support in case of emergencies.

While it may not seem like it, insurance is another powerful means of investment and saving. Certain policies of life insurance, for example, allow you to cash in on the capital which builds throughout your life before you die. And rest assured that you can gain ample guidance through consumer comparison sites if you're considering insurance as a way to invest or save.

A number of banks and financial institutions offer excellent terms on saving accounts, bonds and insurance, as well as personal advice to help you make the right decisions. So don't put off saving any longer; after all, you never know when - or why - you might need that little bit of extra cash.

Martin McAllister is a freelance online journalist. He lives in Scotland.

Traits of a Successful Trader

Mastering fundamental and technical skills of trading appears to be quite easy to most people when compared with mastering the mindset of successful trading. Let us examine some of the traits that make a person a successful trader. They are in no particular order.

Have clear trading objectives. Do not just throw money at short-term trades and sit back expecting to make it rich. Map out exactly how much of your total investment capital you will risk in short-term strategies and spread that risk over many different trades instead of putting it all on red.

After setting your objectives, believe you can achieve them. If you dont believe in your plan, how can you possibly expect to have that plan succeed for you?

Prepare plan for each trade before the market is open. Always do you analysis and map out entry and exit points when the market is closed. If you try to jump on hot stocks during the trading day, you are not a short-term trader, you have become a day trader. Day traders must operate under much different rules, so it is best for most of us to stick to well planned short-term trades.

Regularly review your trades. Pick them apart, both good and bad. Look for what could have been done to make the trade better. Honest self- evaluation is the single best way to improve your performance.

Focus on the positive, but deal quickly and correctly with the negative. Do not dwell on your mistakes, but do not gloss them over either. Have a fair and balanced view of how you are performing and keep a positive attitude to keep yourself on track.

Please also visit http://options-diary.blogspot.com

Valuing Stocks Using Valuation Ratios

Valuation means assigning a ''proper'' value, or price, to a stock. The quote marks around ''proper'' remind us that while the word implies that there is a single ''correct'' price, in fact the concept is theoretical. Valuation is nevertheless an important guide to what price at which to buy or sell a stock. If you pay too much for a stockmore than it is ''worth''your returns will suffer forever after.

Many large-scale institutional investorsmutual funds, brokerages, hedge fundshave developed complex mathematical models for determining a stocks ''proper'' price. The individual investor needs to go a different route.

Fortunately, a second method exists which is just as good, easy to understand, and readily available. This second method uses what are called valuation ratios.

Valuation ratios divide the stocks current price (P) by quantifiable aspects of its business: its earnings, its revenue, its book value, and so on. Each ratio is then compared to historical norms to tell whether the stock is fairly priced at its current price P.

Here are some common valuation ratios that the Sensible Stock Investor uses:

--P/E, or price-to-earnings ratio. This compares the stocks price to the companys reported earnings. This is the famous ''multiple'' that one often hears about.

--P/S, or price-to-sales ratio, which compares the stocks price to the companys revenue.

--P/B, or price-to-book ratio, which compares the stocks price to the companys book value (as computed by accepted accounting principles).

--PEG, which is the P/E ratio divided by the earnings growth rate of the company.

--P/CF, or price-to-cashflow, which compares the stocks price to its annual flow of cash.

Happily, all of these valuation ratios, plus others, are available for free on virtually all financial Web sites. They are usually current to the very day. If you know the historical benchmarks, it is easy to interpret each ratio as indicating whether, like Goldilocks porridge, a stocks price is too hot, too cold, or just about right.

If you would like to learn about a comprehensive stock investment approach that that uses the same strategies reflected in this article, please consider purchasing Sensible Stock Investing: How to Pick, Value, and Manage Stocks. To learn more about this investment system designed for the individual investor, visit http://www.SensibleStocks.com for more information, or to purchase the book.

Invest or be Pink Slipped

Firing an employee seems to be easier and easier for corporations. Up until now you allowed them to set your clocks. Now its time to fight back! Beat them at their own game. They had your future pegged. Now your certainty is in your own hands.

Corporations attempt to make the best use of their resources so they claim. You must do the same! And when the corporation is no longer the best use of your resource give them their pink slip. You must begin to look for ways to capitalize on your time and increase your earning potential. Think like a corporation about how you can increase your earnings quarter by quarter.

This is exactly what I did and I am so grateful for it. I had started six years prior diversifying my income. I accomplished this by investing in commodities. I still remember the thrill of my first trade in commodities. I managed to turn $1,500 into $18,000 in about 4 months. That was almost equal to my $20,000/ yr salary at that time. Up to that point nothing I attempted to do to earn a real income, you know the type of income that would allow me to splurge and enjoy life, actually worked.

I immediately stopped buying all the other so-called moneymaking material. I began focusing all my efforts on investing in commodities. A funny thing happened to me. I noticed I actually performed my job better because I was happier knowing I had my investments working for me. I was able to handle stress much better. I started setting goals and taking vacations away from home instead of using my vacation time simply as time off from work.

I even started solving problems that were a challenge for others but the solutions seemed to come to me with ease. I gradually moved up in the company through promotions. I started viewing the company as an investment for me. This view allowed me to start taking full advantage of their tuition reimbursement program and their interest free loans for computer purchases.

My experience of investing in commodities allowed me to change my perspective on life. When I was given the news that I would be out of a job due to reorganization, I felt no pressure. I had planned for this moment six years in advance. Of course, everyone was quite shocked when I kept my composure and said the company was the best company I had ever worked for.

I continued to work diligently and happily right up to the very last day. You see the company had paid for my college education, gave me two interest free loans for my computers and gave me a lifetime of experience. Well, the truth is I knew I had my investments in commodities and the company had allowed me to earn the money to invest.

Diversify your income now!

Copyright David Wells. This Newsletter and all contents are proprietary products. All rights reserved. You are welcome to forward the entire Newsletter to anyone interested.

Often referred to as The Money Motivator, David Wells is passionate about helping people crack the wealth code to become money magnets. Let him teach you the techniques Hillary Clinton used to turn $1,000 into $100,000 in the course of a year.

To put The Money Motivator to work for you, visit his website at http://www.themoneymotivator.com and sign up for his FREE newsletter, Money Moments. In it youll receive creative ways for getting the money you need and how to invest like a millionaire.

Fibonacci Trading, Your Compass To High Probability Trades

When you start trading the currency markets, or any other market, you usually think that every trade is worth the risk and that a good trading system will teach you how to win in every trade you make. But thats far from the truth.

One of the first things you must realize as you enter the world of trading is that not every trade is worth the risk and every professional trader aims only for those high probability trades that will surely make them money. These are always trades that are highly predictable with the particular trading system you are using.

For example, by the combination of trend and Fibonacci techniques you can obtain very powerful signals for high probability trading. By using these indicators, trend-lines and Fibonacci levels in conjunction you will greatly improve your chances to pinpoint a highly profitable trade.

You may be asking by now what Fibonacci is?

Fibonacci trading is directly related to the existence of specific mathematical proportions that appear in many places and structures in nature. Fibonacci was the last name of an Italian mathematician who is remembered by his famous Fibonacci sequence. The definition of this sequence is that its formed by a series of numbers where each number is the sum of the two preceding numbers; 1, 1, 2, 3, 5, 8, 13. In the case of currency trading what is more important for the forex trader is the Fibonacci ratios derived from this sequence of numbers, i.e. .236, .50, .382, .618, etc. These ratios are what determine the famous Fibonacci Levels.

Learning the correct use of these levels can positively impact your trading success. Fibonacci levels can perform as a compass guiding you to high probability trades.

=>> http://FibonacciNumbersTrading.googlepages.com

How To Buy Stock Online

When it comes to the stock market, anything can happen. An ever-changing and sometimes volatile world of finance, the stock market offers several choices when it comes to investing within its walls - conservative, long term investing in government or financially consistent companies - or aggressive, taking a calculated risk on an investment that if it plays out will yield you great financial reward.

How you invest your money is up to you; especially when you buy stock online. With a traditional brokerage house you pay sometimes high brokerage fees and commissions for the expertise of the brokers; whose job it is to guide you in a decision that makes the most sense for your financial situation. When you buy stock online, you opt out of that traditional relationship and instead take charge of your portfolio from the comfort of your home.

There are reputable companies who offer legitimate opportunities to buy stock online. But as with anything else on the Internet, consumers must enter into relationships of any kind armed with information. A savvy consumer will partner with one of these dependable companies in order to proceed. It is often wise to be with the big guys - there are industry names of which we have all heard.

With the popularity of advertising, we will have most likely seen their commercials on television. The upside, of course, is that you don't have to pay the hefty commissions required to retain a traditional broker. Many online companies offer low or zero commission in order to trade through them.

A reputable company will walk you through the process of how to buy stock and will offer you tools with which to make a decision. Membership to their website will generally afford you constant updates on stock prices through streaming quotes, links to in-depth research on stocks in which you are interested, and the tools with which to buy stock online. You need only create an online account to begin investing; you can then log on to check the status of your particular stock and make desired trades.

The level of independence when you buy stock online is completely up to you; the degree to which you involve your online account specialists should depend on your level of comfort operating independently. Do not for any reason feel that because you are trading online, you will be left to your own devices. Research, tutorials, planning, and step-by-step instruction are all available to you through online brokerage services.

For more active traders, there is software available that can chart your progress, keep tabs on stocks in which you are interested, and help you plan your next move to buy stock online. The software will link up with online resources that will track your trades and give you immediate access to the most up-to-date numbers reflected in your portfolio.

Operating in the world of investments can be tricky no matter how you go about doing it. But if you're someone for who operating independently is a strong desire, then you may consider working within online resources. Buy stock online to build your portfolio in a way that makes sense for you.

For more online stocks information please visit http://www.aboutonlinestocks.com - a popular online stocks website that provides tips and online stock resources. Don't forget to check out our page on buying stocks online.

Currency Trading Strategy - The Doji On The Daily

Even though day traders are more interested in a currency trading strategy that focuses on intra-day movements, consulting the daily time frame chart is still very important.

Why?

Because this is the time frame often consulted by professional traders and fund managers, some representing large institutions. Key levels of support and resistance on the daily chart can be significant and should be taken note of when considering charts on lower time frames.

The Doji On The Daily

The currency trading strategy described here takes advantage of a setup that occurs frequently through the month on a variety of currency pairs.

After each day is complete, preferably using GMT as the guide no matter where you live in the world, examine the previous day's candle on the daily chart and see whether it is the doji formation.

A doji candle typically has a very small body. Look for a doji candle with 50 pips or less between the high and low for the day.

You can now focus in on this day's price action on the lower time frames. Is the doji candle around a strategic support or resistance level? Does it also match up with a Fibonacci retracement level such as the 50 or 62% mark on a 4 hour or 1 hour chart?

Then this could be a reversal point and the current day's action could offer some nice opportunities for trading.

How To Trade The Doji On The Daily

The currency trading strategy you choose to trade this setup will depend on your personal trading style. Here are 3 possibilities

1. The Breakout

If you believe price is going to reverse at this point then set an entry order 5 pips the other side of the high or low of the doji candle and get taken in when price moves.

Of course, there may be a false breakout and your stop could be taken out. That's trading!

2. The Re-Test

If you want a more cautious currency trading strategy then wait for price to break the high or low of the doji candle (you can mark the high and low on the 1 hour chart or 15 minute chart to get a closer view of the action) and see if the candle on the 15 minute chart closes above or below that level.

Price could then continue on for 20 pips or so. However, often, not always, but often, price will come back to retest the previous level of support or resistance before continuing on. Take advantage of this characteristic by putting your entry order in at that level or one or two pips near it just in case price doesn't quite reach the previous day's high or low.

Price will now take you in on the trade when it retraces. This method gives you an optimum entry point and you can take your first profit early when price reaches the new high it recently formed before re-tracing. You might want to leave another one or two lots in the trade to take advantage of a price run if price decides to continue on after that.

3. The Straddle

This currency trading strategy is for those who only want to examine the charts briefly at the start of a new day, set their orders, walk away and let it run.

The straddle technique involves setting an entry order 4 or 5 pips above the previous day's high and setting another entry order 4 or 5 pips below the previous day's low.

No stop needs to be set as one trade will cancel the other in the event price moves in one direction and then reverses and goes in the other.

As the doji candle on the daily is 50 pips or less, that would be the maximum risk in this case. Obviously you would need to have the equity to be able to support a larger risk like this.

Now whichever way price moves, you will get taken in. The risk of being whipsawed out is there but the higher probability is that price will continue on once it has broken the previous day's high or low.

Check Daily

So if you want to develop a variety of methods and techniques in your overall currency trading strategy, look for the "Doji On The Daily". It frequently offers fine trading opportunities no matter which style you use to trade.

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

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

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

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

The powerful 200 EMA strategy - easy for developing traders:

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Investing - Enjoy the Precious Metals Commodities Ride

Our rather pessimistic articles of late on the housing bubble, the ominous warnings from a long list of financial experts and their suggestions on how to best weather the impending financial hurricane have been refuted by none other than the well read author of our "Crazy Man" articles (see "A Crazy Man's Rant or Right On? You be the Judge" and "Crazy Man's Rant - He's Crazy Like a Fox!") who sees things completely differently. Who is right - the eternal optimist with a different take on the economic environment or the big bad bears? Below are his comments.

"I have been beset, of late, by a number of anomalies in what I read and know about the economy and how they translate into an imminent housing collapse and how those linkages to other major segments of the economy would cause general economic bedlam.

Be that as it may, I am convinced that we are in the early stages of a multi-year secular commodities bull market.

I am equally convinced of "peak oil" and the merits of energy investments whether they be for reasons of supply, geopolitical or for environmental reasons.

I am also convinced of the large and continuing incremental demand for base metals and other commodities by the growing economies of Asia centered around China and India.

And, finally, I am totally convinced that this demand for base metals and other commodities will continue to escalate even if recession becomes the order of the day in the United States and other developed western economies because of the explosion of savings and demand by the growing middle class of Asia.

I am puzzled, however, as to why you are so convinced that housing demand and prices are on the brink of tanking.

As I see it the recent increase in short term interest rates are not that unsettling (John Mauldin, in his most recent article entitled 'When Will the Fed Stop?' supports my contention making the point that from an historical basis the Fed funds rate is not that high given the fact that from 1946 through 2000 the median fed fund rate was over 6% and yet the U.S. economy grew rapidly during that period) and the almost permanently static longer term interest rates continue to make housing a tremendously affordable proposition. In addition, institutional lenders continue to bend over backwards to accommodate buyers.

Your "Our Worst Nightmare" articles on the housing market (see "Our Worst Nightmare - The Puncture of the Current US Housing Bubble" and "Our Worst Nightmare - The Bubble Has Burst") are sensationalist and misleading. Housing is a hard commodity. It is real, concrete, can be seen and used. Compared to paper representing bonds and equity shares, it is tangible just as all other commodities are. So if we are really in a commodity secular bull cycle, why should we despair over the suggested imminent collapse of the housing market? Where is the nightmare? Moreover, if the FED continues to be accommodative in terms of money supply, interest rates and credit generally, why should the buoyant housing market fall apart prompting all the other elements of the economy dependent upon it to do the same? Again I ask: where is the nightmare?

As I see it, official employment figures indicate a strong economy and the CPI index is not in the least inflationary. Also, surveys of consumer and producer confidence stand almost at multi-year highs. Knowing that Robert Prechter preaches that public attitudes and social mood lead to behavior and activity - not the other way around as we almost all believe - this public optimism bodes well for a continuation of the current economic reality. With an always accommodating FED policy of M3 annual growth in the money supply of almost ten percent, all should be sweetness and light for continuing consumer led demand and economic growth. As I see it, all your 'ominous warnings and dire predictions' are also way off base and are alarmist at best.

You go on and on in your "Ominous Warnings and Dire Predictions" articles (see "Ominous Warnings and Dire Predictions of the World's Financial Experts Part 1 and 2 of a 6 part series) about all kinds of things but:

a) fail to address why so many people are so optimistic given the obvious inflationary consequences of growth in the money supply, bubble-like housing prices and a loss of affordability because of rising house prices.

b) fail to express concern that official numbers relating to the Consumer Price Index, unemployment, GDP and other measures of economic reality are largely bogus and

c) fail, most importantly, to mention the unfunded liabilities of Social Security IOU's, Medicaid, Medicare and its new drug plan, Freddie and Fannie Mae and the Pension Guaranty Corporation which purportedly backstops underfunded private and public sector defined benefit pension plans.

Now I may be talking out of both sides of my mouth here but I also feel strongly that this lengthening list of economic fundamentals are, indeed, alarming and can not continue indefinitely without a blow up. Politicians and central bankers along with their cheerleaders in the brokerage, banking and mutual fund industries, assisted by a largely ignorant and culpable popular news media, will, however, do their best to leave the toiling masses largely ignorant of economic realities for as long as possible.

Inevitably though, when the 'dam breaks' or the 'deck of cards' collapses, it will be quick and calamitous in its magnitude and impact. That is why I am well positioned in precious metals (gold and silver bullion, mining company shares and some well placed long term precious metals warrants to reap the major benefits of leverage these assets continue to give my portfolio) but somewhat less so in base metals and energy. That is my comfort zone which allows me to sleep soundly because it is the best way to protect my hard earned equity and prosper from the fallout of the coming financial collapse. The only thing I do not know is the extent of this future financial dislocation or its timing. What the heck, life wouldn't be very interesting if we could predict the future with absolute certainty, now would it?

For what it is worth, and I have been laughing all the way to the bank of late, I believe we are in a genuine commodities bull market and, as such, see no need to spend much time paying attention to the daily ebbs and flows of the market for these investments. I have done my research and analysis and taken a position. I periodically review the performance of my investments, fine tune them on occasion and then get on with my life confident that the markets will develop as we know they are destined to with our assets safe and growing. If there is a fiscal hurricane approaching as you suggest I am confident my portfolio is secure. (See "Warning! Fiscal Hurricane Approaching! Is Your Portfolio Secure?").

Call this the standard 'buy and hold' approach if you will, but it isn't. Traditional buy and hold investing makes a fetish out of percentage asset allocation between market sectors, stocks and bonds, picking individual stock winners and pruning losers all in the name of 'balance and diversification.' Lighten up and enjoy the commodities ride."

The bottom line conclusion appears to be for investors to strategically position themselves in a wide variety of assets including precious metals, mining shares and long-term warrants.

Dudley Baker is the owner/editor of Precious Metals Warrants http://www.preciousmetalswarrants.com a market data service which provides you with the details on all mining & energy companies with warrants trading on the U. S. and Canadian Exchanges. As new warrants are listed for trading we alert you via an e-mail blast. You are provided with links to the companies' websites, links to quotes and charts, tips for placing orders.

Forex - Widening The Broker's Spread

Brokers in the foreign exchange (FOREX) market are paid with the "spread". The spread is the difference between the ask and the bid price of the currency pair. Sometimes this spread widens, causing the brokers to receive more as compensation and the trader to receive less from their trading profits. Why does this happen and, furthermore, is it legal?

Can The Broker Increase The Spread At Will?
Instead of getting commissions such as stock brokers receive, retail brokers in the FOREX market receive the spread. Obviously, the wider the spread between the price at which the traders buy (ask) and the price at which they sell (bid), the more money the broker gets paid. Can a broker open the spread at will? The answer is simply yes. However, competition in the market places an important constraint on the brokers willingness to do so. A knowledgeable trader is naturally drawn to brokers with the lowest spreads, all other things being equal. After all, who wants to give up profits unnecessarily? Why pay one broker more then necessary when you can get the same services from a different broker with lower spreads?

Why Does The Spread Increase?
Certain periods more than others experience wider spreads in the FOREX. Wider spreads are especially prevalent when there is a release of a major economic news report. Some of these reports are released on a regular basis, such as the Non-farm Payroll Report (NFP). The NFP is typically released on the first Friday of every month. On occasion, it may be released on the second Friday instead. Followed by traders worldwide, this report is quite significant as it deals with the employment figures for the United States in various industrial sectors. The demand for trading certain currencies during this time is huge.

The currencies impacted most by the NFP are the three major currencies of the worldEuro, Dollar and Pound. As a general rule of economics, when the demand increases, the price also increases for the commodity being traded. Currencies are no exception. In addition to reasons of increased demand, the brokers also may be motivated to increase the spread to take advantage of a great opportunity to gain additional revenue on a regularly recurring basis. Then too, the brokers have a vested interest in minimizing their own exposure to loss in the marketplace based on positions they take from time to time.

Is It Legal To Widen Spreads?
Generally speaking, it is legal for a broker to widen its spreads at will. However, it also depends on what the broker has advertised to the trading public. In other words, if the broker has advertised that its spreads are always the same, even during major news releases, then the broker may be committing a deceptive trade practice by doing something other than what was advertised. If this is the case, then the trader may have recourse if he or she detrimentally relied on the misleading advertisement and suffered damages therefrom.

Before one jumps through this seemingly open door of justice, however, it is quite advisable to read the fine print. Pertinent provisions are usually contained in the user agreement accompanying the application for a trading account. If the broker states in its user agreement that spreads can be changed without notice in the sole discretion of the broker, then your path to the courthouse may have been short-circuited. Since the FOREX market is still generally unregulated, so much of what may seem otherwise illegal has not been fully addressed by legislation or the courts, and may not be for some time to come. Trader beware!

If you are ready to change your future by stepping into the exciting world of trading FOREX, go to http://www.winningtradersassociation.com for more information. Author Sandy Robinson, J.D. is part of the Winning Traders Association, an educational organization founded by John Beiler, President. The organization consists of a network of committed trainers and motivated traders willing to provide support to those interested in trading foreign exchange. Many of the members work from home.

Sandy Robinson, J.D., Copyright 2007

Make Money Fast In FOREX Trading

Here we are going to look at making money fast in currency trading and some tips to do it.

Much of this advice is not conventional but most currency traders dont make money fast!

Here are your tips

We are going to assume you trade already, and you have a method you are confident in, and can apply with discipline.

With simple changes in trades taken and money management we will show you how to increase your capital gains.

The trading tips below will work well for traders who want to catch the big profits from the big currency trends that last months or years and will help you make money fast in forex trading.

1. Accept Volatility and Risk

All good FOREX traders understand that volatility and risk mean big money making potential.

You can't have a profitable FOREX trading method without taking risk, you need to risk more to gain more. .

Risk though is misunderstood by most currency traders and they try and limit risk so much that they actually have no chance of making any profits.

They always get stopped out.

The perfect example is the day, or intra day trader, trading in one session with a tight stop.

If you are after a big gain give the trade room to breathe and place a stop that takes into account market volatility.

Also dont trail your stop to quickly leave it far enough behind not to get stopped out by volatile reactions within the long term trend.

You cant predict volatility in the day so dont try.

Look longer term take bigger calculated risks and go for bigger profits and trade less.

2. Trade Infrequently

Many traders trade frequently and always like to be in the market, they fear they will miss a move, or that by trading more frequently, they will make money.

There is no correlation between how often you trade and how much money you make, so learn to be patient.

The big moves in FOREX trading, with the best risk to reward, come a few times a year, and you should trade infrequently.

Focus on the trades that make the really big gains and be patient while you wait for them.

3. Dont Diversify

Diversification is a great way to make money slowly not fast you simply are diluting your gains, if you are trading a small forex account.

Focus only on trades that you are confident can make big money in and dont hedge or take other trades. If you think the trade is going to be big back your judgment.

4. Money Management

We are looking at the BIG opportunities that allow us to make big gains, and this is actually, where money management becomes important.

Where taking calculated risks here not just taking risk for the sake of it.

The tips below are a great way of controlling risk

1. Buying options at in or close to the money, they will give you staying power and stop you getting taken out by volatility.

Be careful not to buy out the money options and make sure that you get plenty of time on your side if using this method.

Many traders lose, not because they were wrong about the trend, they simply got stopped out.

Options overcome this problem and will give you staying power.

2. Many traders start trailing their stops to close as we said earlier to lock in a profit, more often than not they get stopped out.

The trade runs on to make thousands more in profit and there not in it!.

Keep your stop in its original position and let the move develop without the temptation to move your stop up.

Youre looking to make money fast, and youre trading selectively so have the courage of your conviction .

Consider this

The fact is in currency trading or any other venture in life that involves making big gains you have to take a calculated risk at the right time and have the courage to go for it.

I read all the time about risk management in trading and some traders become so obsessed with not losing they will actually never win and lose their equity over time.

Dont make the same mistake.

MORE FREE BETTER TRADING INFO

On all aspects of becoming a profitable trader including info free articles, systems and PDF downloads as well as an exclusive Gann Trading Course visit our website at http://www.net-planet.org/index.html

Timing is Everything With Forex Trading

The most challenging part of getting started with Forex trading is to learn this innovative way of trading. Many potential investors that try to navigate the Forex system unaided end up being frustrated and financially intimidated. There are very simple strategies to becoming successful using the foreign exchange trading system but the first step is gathering all of the necessary information surrounding this type of trading specialty. Securing a reliable Forex trading broker is likely the first and most pivotal step after learning the initial principles.

Unlike many types of trading and futures, foreign exchange trading is not designed to make the client rich quickly. Many people are frightened off by the word that Forex trading is a get rich quick scheme that in large part, doesn't work. This is a financial myth despite all the hype surrounding the foreign exchange trading system. There are steps and gains to be taken in order to secure a future in successful trading. Expect to dedicate a large portion of time to researching and understanding the market in general before setting out with your pocket book ready to invest. Learn all you can about the Forex market in the beginning in order to make the Forex trading path a smooth and triumphant one.

There is no doubt that there are numerous types of orders that can be utilized in order to open and close trades and becoming familiar with them is a must. In the foreign exchange trading business there are charts, graphs and other visuals to help you effectively analyze trends in currency trading. These charts and graphs will assist in making well-informed decisions on what currency to sell. Timing is everything and it goes without saying that when experiencing with the Forex trading system, knowing when to trade can be the pivotal difference between success and failure. Understanding the analysis tools and how to use them efficiently will put any investor on the right track.

As well as proficient trading tools, it is an absolute necessity when using the foreign exchange trading system to understand how to use the software to perform actual trades. The only way to become comfortable with using Forex trading software is to use it and learn how to plot a course through the process. Selecting a good trader is the most imperative tip at this stage because an established trader can help you with the services required as well as giving you in depth tutorials using the foreign exchange trading system.

The most critical tool that will be utilized in the Forex trading system is patience and discipline. As mentioned earlier, foreign exchange trading is not a get rich quick proposal so learning patience and discipline can help you to become profitable in a timely fashion without losing money. Most brokers offer a demo account that can be used to practice and learn the foreign exchange trading system that mimics the real account with the exception of real money being traded. This gives a client insight into the market and its behaviors before actual money is invested. Learn how to make a profit using paper trading on a regular basis before risking your capital with Forex trading.

Troy Degarnham is the author and webmaster of http://www.forex-trading-brokers.info an informative website about Forex Trading Brokers.

Extensive help and tips on systems, software, signals, forex trading, forex brokers, courses, and other secrets to help you gain financial freedom.

Forex Scalping- A Key Market Factor You Must Know

Forex scalping requires a completely different mindset to other forms of day trading. Those who engage in Forex scalping normally make a number of trades a day taking somewhere between 5 to 10 pips from the market each time in many cases. Of course, the more trades that are made, the higher probability the scalper will have losses.

Hence the need to exercise discipline and not shoot at everything that moves. Look for only high probability trades. This however is easier said than done. That is why the following piece of information is critical in understanding market behavior from a Forex scalping point of view.

A Crucial Piece Of Information

The crucial piece of information we are referring to is this:

Somewhere between 60 - 80% of the time, the market is in consolidation.

This means that most of the time, the market is not making significant moves. It tends to range in a consolidation channel for hours at times before another significant move takes price to another level.

This market behavior pattern is ideal for Forex scalping once the trader fully understands it.

Develop Recognition Skills

Whenever the trader opens a chart, key support and resistance levels need to be identified. Previous highs and lows should jump out at the trader and be quickly recognized and identified.

To this end it helps to draw horizontal lines on the charting software to mark the top of a channel and the bottom of a channel on whichever time frame the trader is using.

The Key Forex Scalping Principle

The main principle that governs Forex scalping is the same principle that applies to all forms of day trading:

Sell The Rallies - Buy The Dips

Hence, when Forex scalping, the trader will look for ranges or consolidation channels where price is obviously moving (often within a 20, 30 or 40 pip range) and set an entry order to go long when price hits the bottom of the range, or an entry order to go short when price hits the top of the range.

There is always the possibility price will breakout at that point in which case it will be a losing trade. That's why it is important to maintain tight stops, perhaps no more than around 15 pips to keep the profit/loss ratio within reason.

Be Selective

To make Forex scalping trades higher probability it is important to select trades that have a number of elements going for them.

It is often not enough to just jump in on any range you see and enter an order to go long or short at the top or bottom of the range.

You want to look for ranges where the top or bottom coincides with other indicators. For example, the 200 EMA (Exponential Moving Average) is a very powerful indicator on the 4 hour, 1 hour, and 15 minute time frames. Seeing it is one of the most popular indicators of all time used by traders in the global market place, it pays to take notice of where price is in relation to the 200 EMA.

So if you see a trading range where the top or bottom also coincides with the 200 EMA on one of the higher time frames, zero in using the 5 minute chart, draw your horizontal lines to mark the range or consolidation channel, and choose a suitable order entry point. The 200 EMA provides a strong level of support or resistance, depending on which direction you are trading.

Likewise, if the top or bottom of the range is also lining up with a pivot level, or a Fibonacci retracement or extension level, you have added reasons to believe price is going to respect that level, at least for a while. You can then enter an order at the price point with reasonable certainty that you can grab 5 to 10 pips from the market, depending on the height or depth of the trading range.

Why Forex Scalping Methods Should Be Part Of Your Overall Strategy

This characteristic of market behavior, the fact price spends most of its time in trading ranges, makes Forex scalping a very profitable method once the trader has acquired experience and developed understanding and recognition skills.

Rather than waiting for the occasional significant price move, the trader who also has a Forex scalping strategy in his toolkit can utilize those long periods in the trading day when price doesn't go anywhere.

The powerful 200 EMA strategy - easy for newer traders:

http://www.vitalstop.com/Forex/Advisor/200EMA-forex-strategy.htm

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

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

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

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

Forex Trading - 4 Common Myths Guaranteed To Make You Lose

I read a lot of good information online to do with forex trading but most of the information I read is rubbish, yet many forex traders believe it. The myths I am going to cover here are mostly spread by so called market gurus and system sellers, so lets look at them.

First of all before we look at the myths, lets answer a question: Why do vendors and gurus spread them, if they know they wont make money? The answer is they make money out of them - by selling systems and courses that dont work for the user, but earn the vendor lots of money. These people simply appeal to the greed and naivety of novice forex traders. Lets look at a few forex trading myths that are guaranteed to lose you money.

1. Day Trading Works

If it does, why do you never see a day trading track record that has made money? Because of course it doesnt work, yet vendors continually sell them backed by a hypothetical track record - thats a track record based upon KNOWING the market prices! Well we can all make money doing that.

They sell their systems and dont trade them because they havent got the confidence to trade their system because they know it wont make money, but they know some mug will believe it and buy the system. For the record - all short term volatility is random and prices can and do go anywhere in a day, so trading daily ranges is doomed to failure.

2. Markets move to a scientific law

Well if they did, there would be no market, as we would all know the price in advance! Duh? This is obvious to anyone, yet people still fall for the myth of scientific theories such as Elliot wave, or the Fibonacci number sequence. Elliot wave says markets move scientifically, yet gives no objective theory to make money! Well that gets rid of that theory, lets look at another favourite: The Fibonacci number sequence. This was actually based on the copulation of rabbits and had nothing to do with finance, but was hijacked by the investment community and the myth was born.

It actually predicts nothing in financial markets and the levels break, as often as they hold - If you dont believe this, try and see how quickly you lose your money. Apart from the fact these scientific theories cant work, you have to wonder if it was that easy to make money with them, why the vendor will sell it to you, for a few hundred dollars, when he could keep quite and earn millions.

3. Buy Low Sell High Will Make You Money

Try it and you will lose. No one can predict where a low point will bottom and when a high point will be reached. If you try and predict you are hoping that levels break or hold and the market will kill you. If you want to win dont try and predict, act on the confirmation of a level holding and that means looking at price momentum.

4. You can earn a regular income

No you cant. You have seen the ads earn $3,000 a month, 20 pips a day etc this myth doesnt need any explaining its obvious its not true and anyone who falls for it, deserves what they get an empty account. If you want to win at forex trading make sure you dont fall for any of the above myths everyone of them will ensure you lose your money.

The Good News is:

When you trade you take money off losing traders so if they believe the above forex myths it increases your chances of currency trading success!

GRAB 3 X FREE TRADER & FREE TRADER PROFITS NEWSLETTER

On all aspects of becoming a profitable trader including features, downloads and some critical FREE Trader PDF's and more FREE Forex Education visit our website at http://www.net-planet.org/index.html

Forex Trading - Why Trading Off News Stories Will Guarantee You Will Lose

Many novice traders like to pay attention to the huge amount of online news stories and try and trade off the information contained, however, this is a huge mistake and one that is guaranteed to make you lose.

If you dont believe the above consider this fact:

The ratio of winners and losers today, is the same as it was 50 years ago.

This is despite the advances in news and distribution and all the other tools that traders have available to them the ratio has remained the same.

Why?

Because they dont help you win!

Think about it if traders made money listening and acting on news stories, then they would all be rich and this is not the case.

Sure, the stories and arguments sound convincing, but thats all they are opinions and stories and the people giving these stories and opinions are NOT traders.

The market is a discounting mechanism and quickly reflects all news instantly its discounted and the market is looking to the future.

Trade the news and Your Trading The Past.

Also, if you listen to the news you will let your emotions get involved and trade with the herd and this is a bad place to be most lose!

Keep in mind that the market news is most bullish at market tops, remember 1987 and the tech stock bubble? Well, when they crashed the news was out and out bullish.

The best way to trade is to ignore the news and use a technical approach to trading. By doing this, you will see the reality of price as it is and act on it - this will keep your emotions out of your forex trading.

Will Rogers once said:

I only believe what I read in the papers

He was joking of course, but most traders base their forex trading signals on what they have seen in the news and then wonder why they lose.

There is a huge amount of news online, on TV and in the papers, telling you what has happened and for this its very good, however for telling you what is going to happen, it is of no use at all.

So if you want to win in online forex - trading dont pay attention to the news!

GRAB 3 X FREE TRADER & FREE TRADER PROFITS NEWSLETTER

On all aspects of becoming a profitable trader including features, downloads and some critical FREE Trader PDF's and more FREE Forex Education visit our website at http://www.net-planet.org/index.html

All About Forex Trading in Spot Market

Forex spot market is a security or commodities market where goods, both perishable and non-perishable as well, are been sold for cash and transported at once or within a little period of time. Contracts sold on a spot market are as well successful immediately. The spot market is other known as the cash market or also physical market. Purchases are settled in cash at the existing prices set by the spot market, as contrasting to the price at the time of delivery. An example of a spot market commodity, which is frequently sold, is crude oil; it is sold at the existing prices, and actually delivered later.

Goods are essential products which is identical with other like type commodities. Some good examples of commodities are grains, beef, oil, gold, silver, and other natural gas. Technology has pierced the industry with commodities like cell phone minutes and as well the bandwidth. Commodities are actually consistent, and should meet exact standards to be sold on the spot market.

The world spot market, or Forex trading (Foreign Currency Exchange), is a giant spot market. It is the instantaneous exchange of one countrys currency for anothers. The way it works is through a trader choosing a currency pair. Great Britain (GBP) and the United States (USD) currency is an ordinary pair, which is bought and sold on the globe spot market. If the GBP is ahead strength against the USD, the trader buys. If it is puny, he sells. The advantage of Forex trading is that it is very runny; a trader could enter and egress the market as he chooses.

Another factor, which affects Forex spot market prices, is whether the commodity or goods are perishable or non-perishable. Non-perishable goods like gold or silver would sell at a price that appears in near future price movements. A perishable commodity like grain or fruit would be affected by supply and demand. For instance, oranges bought in April would reveal the existing extra of the commodity and would be less luxurious than in January, when demand for a lesser crop drives costs up. An investor cannot buy oranges for a January delivery at Aprils prices, making oranges an ideal example of a spot market commodity.

Chris David is a SEO Copywriter of Online Forex Broker. He written many articles in various topics.For more information visit: Online Forex Trading. contact him at chrisdavidseo@gmail.com.

Online Trading Strategy: Collecting Cash when Stocks Go UP - It PAYS to Know More than Others

When it comes to stock market trading it PAYS to have more knowledge than the rest of the pack. Pure gold can be harvested in each profitable trade that you accomplish.

But when you don't know what you are doing stock trading can become a very difficult and life consuming business. You can lose a lot of money and time. Valuable time of your life. Stock trading can resemble the closest thing to a get-poor-fast system when you don't implement a proven stock trade strategy.

Even when there are traders that can make more than $5000 on a single trade, it's not unusual for a novice stock trader to lose $1000 in less than 3 minutes from the comfort of his own home, or waste a lot of family time thinking about the stock he should trade for tomorrow "according to the charts and the stars" and other confusing technical analysis trading indicators.

As an online stock trader your homework is all about learning and testing different online trading strategies that can help you take advantage of stocks and at the same time protect your profits. Just always keep in mind that a good stock trading strategy is simple and practical. Complicated stock systems will always make you slow in your decision making process or confuse you right from the start.

There are some very good sites on the web where you can access practical stock trading strategies that are easy to implement. One of those sites is Smart Day Trading http://www.smartdaytrading.com

They focus on momentum stock trading strategies that can help you identify and handle hot stocks while reducing your trading risk.

All in all, online stock trading is all about picking the best stock opportunities and following your buy and sell signals with ease and simplicity. Once you learn to master your trading decisions, you can aspire to produce consistent profitable results.

Learn how to stock trade in a practical way every day at Smart Day Trading http://www.smartdaytrading.com

SmartDayTrading.com helps day traders worldwide pick and trade momentum stocks every day in practical way.

Dedicated Support - Superior Products - Software Company Still In Business After 20 Years

Twenty years is a long time in the investment software industry. What is the key to AIQs success?

Much of the success of AIQ is due to the dedication and experience of our staff; they are key to providing outstanding support to our clients and to building better products. The average tenure of AIQ staff members of over 10 years is a reflection of the commitment of the AIQ staff to the company. AIQ has always been more than just a software vendor. We strive to provide the best service possible to our clients by listening to their needs and acting on those needs as quickly and efficiently as possible.

We dont bake cakes or build cars; we provide powerful trading tools and trading systems and support these tools with educational newsletters, seminars, tutorials and webinars (online seminars). Our goal is to help our clients become better traders and investors.

How have AIQ products evolved over the years and was this crucial to the company's success?

AIQs first product, StockExpert, was introduced in 1987 and provided basic charts, Expert Ratings, and some technical indicators. MarketExpert, a market timing system, quickly followed. Each of these packages included one of AIQs signature features, the Barometer Control Panel that gives a quick visual assessment of each of the technical indicators. Demand for derivative software les to the creation of OptionExpert and IndexExpert being added to the product line solely for options analysis. All of these products were very successful and provided the impetus for the development of TradingExpert.

Critical to AIQ's success was the decision to combine many of our packages into one suite, similar to the approach Microft does with Office. With the advent of TradingExpert, AIQ combined the strengths of MarketExpert and StockExpert into one powerful package and added group and sector analysis, a revolutionary concept at the time. Finally, a Portfolio Tracker was included and AIQ had one of the first really comprehensive trading packages on the market. Over the years, more and more powerful features were added to TradingExpert, including the Expert Design Studio, AIQs trading system writing and testing tool. This tool allowed our users to create their own trading systems and their own custom indicators.

In the late 1990s, AIQ merged all the add-on products into the TradingExpert software to create a power package that became known as TradingExpert Pro. While TradingExpert continued as a basic analysis tool, most of AIQs clients moved to the new combined systemTradingExpert Pro. Today, some 10 years since TradingExpert Pro was first introduced, it remains our premier package.

How has your industry changed over the years?

Times change, and few investment software companies have succeeded as long as we have. Product is shipped on CDs now rather than 5 inch floppies. Data is delivered over the internet rather than using computer modems. Todays computers are lightning fast, allowing retail investors to employ tools that were only available to elite institutional investors.

There is no doubt that charting is now a de facto commodity provided by almost every investing or trading software service. Many of the free charting tools available on the internet provide basic price bars, including even Candlesticks and moving averages. However, while these tools provide good looking charts, they lack the power tools that the informed investor and trader needs.

Most brokerage companies also provide some technical analysis tools for their clients. However, very few offer high-end analysis tools like those incorporated in AIQ TradingExpert Pro.

The industry has also experienced big changes in software and data prices. AIQs four stand-alone DOS products originally sold at about $1500 each. And to use the software you had to subscribe to a data vendor. In the early 1990s, data cost anywhere from $60 to $100 a month but fell in price steadily over time. The biggest change in pricing for AIQ came about in the late 1990s when AIQ first offered TradingExpert Pro bundled with myTrack as a monthly subscription service. The software no longer had to be purchased with data paid for separately. Instead, you paid one monthly fee for the data and software combined. And the other bonus was never having to pay for an upgrade again.

What do you consider are the strengths of AIQ and what have they contributed to the success?

The depth of knowledge and experience of the AIQ staff is our most invaluable strength. Our experience and knowledge has led to the development of many of the unique and powerful features in TradingExpert Pro.

Our industry group and sector rotation features were revolutionary when TradingExpert was released, and they remain unmatched today. We have powerful breadth management tools that are useful in identifying market tops and bottoms. Market Breath Builder and Breadth Analyzer allow users to create breadth and volume statistics on any set of stocks or any set of indicators. Other software packages now have back testing capabilities but none are as easy as AIQs. We realized most people dont like to program code, even if the language is supposedly easy. To that extent weve created over 250 pre-built rules that users can cut and paste as they create and test trading systems. Portfolio Simulation was another pioneering breakthrough that has given AIQ an edge. As many traders and investors have discovered, back testing only goes part of the way when youre developing a trading strategy. Something more realistic was needed, so our programmers developed a new tool called Portfolio Simulator. Portfolio Simulation does real life walk forward testing under real trading conditions. Only through this kind of testing can you prove that a strategy works for your trading style. What sets us apart is our desire for our users to become successful traders. We dont just give you the tools, we provide educational support and most of the support is free of charge.

We also offer a variety of webbased seminars every month covering a wide range of technical topics. Most of these webinars are free and are archived for viewing at your convenience. They are found at www.aiqsystems.com. Finally, this year we will hold our 18th annual Lake Tahoe Seminar October 1-3 at Harveys Resort and Casino at Lake Tahoe.

Where do you see AIQ going in the future?

Regarding analysis tools, AIQ is currently focused on two directions. First, we are in the final stages of rolling out an automatic Chart Pattern Recognition system. For each pattern found, the system generates supporting information such as strength of confirming volume, direction, and trend. Patterns are also stored historically for back testing as part of a trading strategy. Chart Pattern Recognition will be an add-on service for TradingExpert Pro users.

Second, we are incorporating many of our primary analysis tools into a browser environment so that it will be possible to access your AIQ analysis tools wherever a browser is available.

As our technical analysis tools have matured and advanced over the years, so have the features requested by AIQ clients. Every request is recorded and analyzed for suitability and desirability as a feature in a future release. We value all feedback. It is this feedback from our clients in conjunction with our own ideas that leads to the development of new power features.

Steve Hill is President of AIQ Systems. http://www.aiq.com For the past 14 years he has been involved in all aspects of AIQ Systems, from support and sales to programming and education. Steve is a frequent speaker at events in the U.S. and Europe, talking on subjects as diverse as Portfolio Simulation Techniques, Advanced Chart Pattern Analysis and Trading System Design. Steve is an avid martial artist and cross-country skier. currently holding the rank of Shodan (first degree black belt) in Shito-Ryu Okinawan Karate. He also serves on the board of the Ralph Parks Portfolio Trust.

AIQ Systems is a world leader in intelligent trading software. Their web site can be found at http://www.aiq.com

Bollinger Bands - An Essential Tool For Bigger Profits

If you have read our article on standard deviation of price you will understand why this concept is essential for all traders and a great way of applying the theory is the Bollinger band.

Bollinger bands are simple to use and are available free on many chart services on the web and will give you a greater insight into market movement and trading for profit.

Lets look at them.

Bollinger bands will help you how to do the following.

1. Predict big trends

2. Spot trend changes

3. Time market entry with greater accuracy.

What are Bollinger Bands?

Bollinger bands are volatility bands drawn around a simple moving average in the center giving you three lines in total.

Bollinger bands are calculated using the standard deviation of a price over the exact same period as moving averages and plotted as lines above and below the moving average.

Moving averages are used to identify the underlying trend and are the middle band.

Bollinger bands then combine this moving average with the volatility of the individual market to create a trading envelope the standard deviation.

The distance between upper and lower Bollinger bands simply give you the volatility of the market traded. The greater the distance the upper and lower bands are the more volatile price of the market traded is.

Bollinger Bands Work

In any market, traded the price rises slowly over the longer term. Prices may become volatile in short periods of time, but will normally come back to the longer term moving average which is defined by the centre band.

The center band thenormal value of the market traded that people are used to paying over time i.e it reflects the supply and demand fundamentals.

The volatility of the outer bands shows how volatile prices are and how far away price is from normal value. Short term price spikes tend to be short term and are normally caused as much by trader psychology Bollinger bands can therefore help with the following.

1. Spotting New Trends

When a market makes trades in a narrow range, the Bollinger bands are also narrow and close to the central band this shows a market with low volatility.

This can be a warning that a trending move is about to start.

When prices break above or below the upper or lower band, a signal is given that a trend is about to develop and a trader will go with the break.

2. Timing Entry Levels

The Bollinger bands can when a trend has started help you get into the trend with good risk to reward on a price retracement.

Look for pullbacks to the center band and enter in the direction of the trend.

3. Market Turning points

When the price touches the top of the Bollinger band and pauses a return to the middle band is on the cards (especially in the short term) as prices have moved to far to quickly.

If the price touches the bottom of the Bollinger band and momentum does not follow through the opposite scenario is in place i.e. a buy signal.

Bollinger bands are a great tool not only for warning of a trending move but they will also help you time trades within the existing trend and even help you generate short term sells and buys within the prevailing trends (very useful for swing traders).

Standard deviation of price as a concept of price works and the Bollinger band helps you put the theory into practice.

As with all indicators it does not work all the time and needs to be combined with other tools.

We favor simple trend lines and the best momentum indicator of all - the stochastic indicator which will help you filter out false signals.

Check out Bollinger bands and get a deeper insight into market movement and you will find once you use them you wont trade without them.

MORE FREE BETTER TRADING INFO

On all aspects of becoming a profitable trader including info articles, free systems and PDF downloads and an exclusive Gann Trading Course visit our website at http://www.net-planet.org/index.html

5 Steps To Becoming A Stock Market Guru

It has occurred to me that many of the readers of this article may be interested in a career change. If so, I suggest that becoming a stock market guru may be worthy of your consideration. It's a job that -- if you follow my advice -- pays extremely well, doesn't take much your time, requires almost no experience, and can potentially bring you fame and fortune.

I have been observing market gurus for many years and have noticed that there are certain traits that the successful ones have in common. So to get your new venture off to a roaring start, I'm going to tell you exactly how to be successful as a stock market guru.

1. First of all, you must do something to get the attention of the financial media. The way to do that is to make extreme predictions. No "the market is going up 10%" or "down 5%" kind of forecasts. You have to say things like "the Dow is going to 36,000" or "button down the hatches, the market is going to crash any day now."

   The best way to decide whether to be bullish or bearish is to measure the mood of the public. You will be much more popular if you're wildly bullish at market tops or wildly bearish at market bottoms. You want to tell people what they're already predisposed to believe.

   Also, you can never change your mind. The media doesn't like that. So be a perma-bull or a perma-bear. But whatever you do, never, ever waver from your original stance.

2. After you have decided whether you want to make a living being extremely bullish or extremely bearish it is very important that no one remembers when you first made your original prediction. This one is going to be tricky and requires some skill. Don't ever let anyone pin you down on timing issues. The way to do that is to just keep repeating your prediction over and over again until everyone forgets how long you've been making the forecast.

   For role models, watch the politicians. They are experts at not allowing anyone to pin them down on anything that they prefer you not to remember.

3. You must repeat your market prediction loudly, often, and with extreme confidence. When the market goes against you, simply keep repeating that you're very confident of your stance and you have no doubt that the market will go your way very soon. Again, you must make people forget about timing issues and the best way to do that is through repetition.
4. The market will eventually go your way. It may take years, but it will happen. Now listen closely -- whenever the market finally goes your direction, no matter how small a move it is, proudly declare victory. I mean shout it from the roof tops. You were right all along and it's all because of your astute analysis.

   Do not make any mention of when you first made your original market call. If you are cornered and you must make a comment about your entry point, just say that you have been averaging into your position for quite some time. That way no one will know that you actually lost a lot of money.

5. Speaking of losing money, never follow your own predictions by investing your own funds. Otherwise, the income that you make as a famous guru will be taken away from you by the market.

Good luck in your new career. And when I see you on CNBC promoting your new book -- Boom Times Ahead: Dow 38,437 or How to Get Rich During the Coming Depression -- I'll know that you took my advice to heart.

Copyright 2005

Larry Holmes invites you to visit http://www.smart-money-report.com/ Your common sense guide for financial and investment success.