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Friday, April 17, 2009

CFD Trading- The 3 Biggest Lies

By cfdlies

Everyone that is involved in CFD Trading for awhile would have all heard these 3 misconceptions about CFD Trading, but beginner traders continue to fall for them. These are also some of the reasons why many CFD Traders end up going broke. So how can we avoid these common traps and make money from CFD Trading?

Firstly lets look at the 3 areas to avoid when you are starting out CFD Trading.

Making Regular income and Profit: This is misconception number 1. Think about this for a moment how can you make regular income from something that changes as frequently as the CFD Market. No matter how great the system is the market simple changes all of the time, how often have you been in a well trending trade only to see something strange occur and a nice profit turns to a break even or worse a loss? So the next time you see or hear of someone saying 'make x% profit every month' run!

Ability to Predict CFD Prices in Advance This is the biggest crowd puller, think about it can you see into the future? No. No matter how great the theory, how well it has been back tested you still cannot have a theory that works 100% of the time. Think about it if there was a theory that worked 100% of time we could predict future results. So the theory would need to take into account, all interest rates cuts and rises, speeches from the banks and monetary authorities as you can see highly unlikely. No Impossible.

Make Massive Profits minimal Exposure: Many of us would have seen systems advertising the make 100% gains and have less than 1% drawdown. This is not reality and you can see the real results to support this outrageous growth rate to drawdown that has been audited.

So consider this and Improve your chances!

The common fact to trading is that over 95% of all traders will lose their money and the ones that do believe at least one of the above

So how you can become successful as a CFD trader is understand that you can make profits in the long term, that making money is going to be up and down and that CFD trading is a game of odds not certainties. They also understand that to make money you need to take risks, the old saying of risk versus reward.

If you want to get involved in CFD Trading. and win you can, by getting a good solid CFD education and good CFD mentoring. In some cases you can find a Grea CFD Broker that can assist you. If you are looking for a great CFD Broker, look at the CFD FX Report they have recently researched all the CFD Brokers and have come back with who they believe to be the best.

You can win and enjoy huge rewards for your effort, if you understand the challenge of CFD trading and what the reality really is. If you understand this, you're on your way to long term currency trading success. Also make sure that you have a good trading plan and stick to that trading plan - 23159

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Is Investing In Precious Metals A Safe Investment

By Shannon Doty

Investing in gold may be a bit daunting especially for those who are new to the world of investments. It is good to know that investing in gold is not as complicated as other types of industries or businesses. If you want to make gold as an investment, you can do so even on the comfort of your own home.

Gold is one of the most precious metals in the world. It can stand the test of time, both in its physical makeup as well as its intrinsic value. It is also considered as one of the wisest investments there is.

Gold can be made into many different things, one of which is jewelry. The easiest and simplest way of investing in gold is purchasing and storing pieces of gold jewelry. You do not have to look very far to acquire these pieces because they are for sale almost everywhere.

Even shopping malls have intricate gold pieces that are for sale to whoever can afford them. The best part about buying gold jewelry is that there can be an actual use for your gold investment other than a piece of financial medium.

Storage will also be less of a hassle because you can store jewelry in your own house or just rent a secured storage space in a bank of your choice.

The value of paper money differs according to the dictates of world economy as well as the economy of the country in which the money is being used.

One of the best things about Investing in gold is that it can stand against the worst economic conditions. The value of gold is hardly affected by inflation unlike real money.

Gold is a very solid asset in every sense of the word and if you are thinking of investing in gold, there can only be rewards waiting for you as long as you have what it takes to keep it safe. - 23159

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Time to be A Successful CFD Trader

By cfdreport

Most people starting out in the world of CFD Trading have one question, how long will it take me to become a successful trader, who makes regular profits?

The questions you have to ask yourself are the following: Do I have the discipline to find a system that works and follow it? Can I take a loss? Do I know what I want out of CFD Trading?

If you were lucky enough to be part of the famous trading experiment then it would take two weeks. The students of this course were trained in simply trading strategies that they implemented and since then they have made millions of dollars. Which comes back to the point of having the right education as education is the key to knowledge.

A great place to find additional education lessons is the CFD FX REPORT they offer a host of free education lessons and can help you find the best CFD Broker in the market.

You can easily learn to trade in two weeks and don't believe people who tell you that you have to keep learning - you don't. Once you have your system, you simply need to apply it and that should take you no longer than 30 minutes a day.

Please always remember this you don't get paid for the effort you make in CFD, like you do in a 9 - 5 job, you get paid on results from your trading signals and that's it. With CFD Trading there are no A's and F's anyone can do it, you have to want it and have the discipline to the follow your strategy.

The biggest trouble that most traders will face is applying a trading system through periods of losses. A good way to look at losing is that you can't pick the market 100% of time so you will have losses you are also then one trade closer to a winning trade. This is the hard part and takes tremendous mental discipline to be able to get over this hurdle. .

Some of the most successful traders believe that you need to keep your emotions in check and follow rules to survive by. Any trader can win - but most lose and it's their mindset which is wrong, keep in mind the market doesn't beat the trader, the trader beats himself.

If you want to learn to be successful at CFD Tradingyou need to learn the basics, and keep in mind that hard work doesn't equate to higher profits, simple strategies, discipline and desire to win will equate to higher profits.

Also remember that it can take only 2 Weeks study and 30 minutes of your time each day, could get you a great second or even life changing income, which could replace your full time job - so are you ready for the challenge? - 23159

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The Trouble with Insurance in This Economy

By Rick Amorey

The concept of insurance is getting a lot of mishaps in recent news. Something that is normally considered as a way to lessen financial risk is now ending up a factor that actually increases it. Nowadays, with the downhill trend of economy that we are currently facing, insurance companies that declare bankruptcy is a frightening prospect for a lot of people who have done business with them.

So, what are the reasons for the distrust laid upon insurance companies? There are those who speculate that it is because of a company's direct refusal to hand over the insurance to someone who has a high likelihood of loss. Persons who do extreme contact sports, for example, may have trouble finding life insurance. If you are someone with a high-risk profile, then chances are good you won't get legally insured. To a lot of people, this seems to be contradictory to what insurance should be.

Which leads us to the question: What is insurance supposed to be? Many of us invest in insurance without completely understanding how this affects our finances. In anything concerning money, a blind investment puts it in serious risk.

At it's core, buying insurance is a confirmation of a definite loss of assets (in which case, the payment of a periodical premium) so that the risk of a larger, and more devastating loss is lessened. It must be accident; an insured person must not purposely cause anything that will harm him or herself. It's quite understandable that there are a number of scheming people out there who want to make a quick buck by deliberately hurting themselves for insurance money.

Now, this is where potential problems enter. The idea of compensating a loss becomes a problem if the insurance company suddenly goes bankrupt. If that happens, you would just feel like you accepted a loss without gaining anything whatsoever. This, it seems, is what puts off a lot of people. - 23159

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India CFD Brokers- See why they are the Best

By cfdreport

If you are CFD trading, you must have an online or over the phone broker to help you execute your trade. With modern technology we have seen a massive amount of new CFD brokers emerge, so it can be a difficult process to find the best CFD Broker in the market. As today all the CFD brokers are looking for your business, so they all have special offers and promotions and sometimes it is to attract you. However a great offer doesn't make them a great broker.

So how can you find the best broker amongst all the choices?

As choosing the right online broker is an important as selecting a winning trade.

Finding a referral is normally the best way to find the best CFD Broker.

How often do you hear, I didn't get filled at the right levels, lots of slippage, and the list goes on. We hear all the time, and having listening and giving information to more than 50,000 clients in past 5 years, this is certainly a critical aspect of trading.

So here are some rules that you need to use when looking for a Best CFD Broker.

Due Dilligence:

Here is little bit of a due diligence guide, what are the things you have to check? What are you supposed to consider before settling for an online stock broker?

1) Check what their brokerage rate is. Note that for every transaction you make you are charged a fee, which is deducted from your account.

2) Beside the brokerage rates, another thing you must check is the account fees. Make sure that you carefully study the contract agreement before signing so that you don't sign your own obituary. Make sure that there are no hidden charges. All fees that you will pay must be clearly written on the contract note.

3) The third thing you need to check is whether the online broker can be contacted directly through phone. What are the fees are there any extra fees? This is crucical what about if your not in front of the computer and you want to sell.

4) Finally, what are the account fees can I use credit cards, deposit immediately, bpay etc. These are all things that make your trading life so much simpler.

Recently the CFD FX REPORT has researched all of these brokers and has come up with who they believe to be the best CFD broker in the market so feel free to visit them. They also offer a host of free education lessons to help you become a more successful trader. - 23159

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