What You Should Know About Forex Currency Trading

By Jake Patton

Many people are tempted by the idea of working from home, no longer bound by commuting and 9-5 hours in the office. Learning forex currency trading has given many people such an opportunity to work from home.

It's sure explains why I began trading forex. My career was terrible, going nowhere. I wanted to join the folks I heard about on the Web, the ones who were having such wild successes with forex trading. Who wouldn't?

One of the first things you discover when venturing into the world of online forex trading is that the community is good at talking but very few of them do what they actually say.

If you are in this trade, are you aware that 95% of forex traders are losers in the market? If you know that, you could be wondering whether this trading is manageable to you. It can be learnt though.

The problem begins when people interested in forex trading don't actually learn before they leap, jumping right in head first without first understanding some of the basics. Forex trading is not about gambling and luck; leave that for the casinos in Vegas. Picking the right direction of a currency pair is not about luck.

A lot of people use the term playing of money instead of the word trading because that is how they consider the game. Actually they treat it like a gambling game rather than a trade.

Many traders also want to take the easy road to results. They want to rely on their sophisticated software to tell them what to do. Do I buy now, and when should I sell? They let the software find the answers, rather than figuring out the best course of action on their own.

Indeed, this whole idea of forex trading from home looks lucrative, but most of people are unsuccessful and the losers. - 23159

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To find out more about forex trading education, you can take a look at this website about forex trading tutorials.

Capped Bust Silver Quarter - Scarce Quarter Fetches Premium Price

By Christina Goldman

The Capped Bust Silver Quarter was first minted in 1815 and is one of the rarest coins ever minted in the United States. These gorgeous silver quarter coins were the immediate successors of the equally rare draped bust silver quarters which started minting in 1796. At that time, the fledging U.S. government minted these two particular varieties of silver quarters to replace the Spanish two-reales coin circulating in the Americas.

The Capped Bust Silver Quarter carried the same design as the other coins, like the half dollar, minted during that time. Production of these quarters went on until 1838, and these coins together with the draped bust quarter, have been named by numismatists as the "Early Quarters" commanding premium prices among coin collectors.

Other key years to look out for when scouting for the Early Quarters are 1823, 1804 and 1796. Notably from 1804 onwards, the reverse side of the Early Quarters sported a bigger, "heraldic" eagle, suggestive of strength and power that collectors and numismatists appreciate over coins of earlier vintage which had smaller eagle designs.

It is a sound advice that before buying a Capped Bust Silver Quarter or any of the Early Quarters, the buyer must have an assurance that these items have certification of authenticity from reputable numismatist groups or associations like the ANACS, NGC, PCGS and ICG. Another is to deal only with reputable dealers.

A useful website for reference on the capped bust silver quarter can be found in the net. This site carries a legitimate eBay auction listing of Early Quarters and their key dates. Through this listing, a prospective buyer could check the trend of the pricing, and compare various price levels within years, comparative data that are useful to the serious collector or dedicated numismatist. - 23159

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And here's where you'll find great prices and selection on the Capped Bust Silver Quarter: http://BuySilverCoins.net

A Career in Commodities Training Takes Time to Build

By Bill Johnson

Money is the bloodstream of the world, and commodities trading advisors play an important role in keeping the money flowing. According to the National Futures Association, a CTA is any individual or firm that directly or indirectly advises clients on the trading of futures or options contracts. CTAs must be registered with the Commodities Futures Trading Commission in order to be professional money managers.

To become a CTA, there's no formal education process. Although its advisable to first work at a trading firm prior to starting a CTA career, it doesn't guarantee your success, nor is previous work with a firm required in becoming a CTA. Plenty of CTAs have no formal trading education and still have proven themselves successfully capable in this business However, first trying your hand with a trading firm can help determine whether you have a natural talent for the work.

Although a formal education process isn't required, credentials are. Before applying to the NFA, you must first pass the Series 3 exam that measures your understanding of the makeup and regulations of the futures market.

There are numerous professional study guides available to help you prepare for the test. You can benefit from tips and test-taking suggestions, as well as try practice tests to keep you from being blindsided on test day.

Deciding to become a CTA takes careful consideration. How much success have you had investing in the stock market, and was it continual through a variety of market conditions? Some success may be blind luck. Real talent sustains itself over time through all types of market conditions.

You should also take finances and personal circumstances into consideration. Beginning any business can be tricky, especially commodities trading. Unless your firm has a substantial amount of work already under management, you should count on never seeing a paycheck for the first year or two. Consider that a $1,000,000 account with a 2 percent management fee only earns $20,000 a year, just barely $1,600 a month.

Not only that, but you'll have to pay trading costs, technology costs as well as fees for traditional support and rent. Building a successful career as a CTA takes not only time, but also a substantial savings in the bank to sustain you those first years starting the business.

However, if you have the natural talent to invest, a successful career may await you. Even in rocky times such as these, CTAs play a valuable role in the marketplace. Learning to spot market trends early can lead to a sustainable career in the exchange of managed futures. - 23159

About the Author:

If you're interested in learning more about the profession and want to become a CTA the author recommends going here to learn more.

What You Need To Know About FDIC Insurance

By May Eastwood Elenore Lewis Brenda Warden Pamela Stewart

What's the FDIC?

The world financial crisis has dried up the credit market, caused money giants like Lehman Brothers to crash, and forced gigantic banks to combine, making many folks wonder where their money will be safe. Through the FDIC or the Federal Deposit Insurance Corporation the bank is still the best place to keep your money regardless of what occurs to your bank. In October 2008 the deposit insurance was briefly raised to $250,000 per depositor thru December 31, 2009, so if your area bank falls down you can still be guaranteed your deposit up to $250,000.

Understanding FDIC

Established in 1933, the FDIC was made to increase public confidence in the U.S. bank system. This worked by providing all depositors in FDIC-insured banks coverage up to $5,000 (in the 30's), and 2nd by taking over for a failed bank to assemble and sell the bank's assets to settle the bank's debt including claims for deposits above the insured amount. The FDIC receives its funding from premiums paid by insured banks as well as money from its investments in US Treasury securities ; no government money is used.

When are you safe?

To use the full protection the FDIC offers, there are two things to keep in mind. First FDIC coverage does not extend to all financial firms so ask your bank if they are covered or check the FDIC site to see if you bank is listed. Second coverage is for individual deposit accounts only up to $250,000 so no stocks, bonds, safety deposit boxes, hedge funds, and so on.

How About $250,000+

For coverage beyond the $250,000 there are a few specific instances such as establishing deposits under different ownership categories where excess coverage is allowed. Revocable Trust Accounts, or a deposit account opened by people with the stated intention of the account being turned over to one or more beneficiaries upon the death of the original account holder, can get over $250,000. For example if Mr. Smith has an deposit account worth $500,000, both his son and daughter would get $250,000 each if they were the beneficiaries named on the account. - 23159

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Learn more about FDIC insurance at MindOnYourMoney.com - click to the money site and read the complete story about FDIC insurance.

Currency Trading Made Easy - Easy Strategies For Making Money From Forex

By Donald Saunders

The principle players in the Forex market are the financial institutions, banks and governments who use their massive reserves of currency to move the market. The remainder of the market is individual and frequently part time investors who number in their hundreds of thousands all around the globe.

In effect what we have is a mass market psychology which reacts to fixed strategies drawn up in the boardroom and mere human psychology. Some people might actually consider the Forex market predictable and to a certain extent this is true. You have to be able to visualize how the market reacts to political and economic events and where you can find the safe zones in the market. You must identify a currency pair that you are comfortable with and know which external and market factors are going to affect the behavior of this pair of currencies. Being able to predict movements in the currency market means that you are also able to develop Forex strategies that fit your needs.

Furthermore, you must have some form of a risk assessment system in place when you do go into live trading so that you know just what you are getting yourself into, have all of the angles covered and are prepared to get your money out when the clouds start to turn dark. Being able to take advantage of the market's liquidity is important as is the ability to change your investment decisions within your total trading strategy.

When you understand the how dynamic the Forex market is you will be able to appreciate how decisions are made and what has the greatest influence on the market. When all is said and done it is a matter of being prepared. As with any of the commodities markets, reading through the literature, studying and taking advice from existing investors are excellent ways to prepare you for success in the Forex market.

The currency trading market may not be the answer to your prayers and is certainly not a dream market for these difficult times, but you will be able to make a great deal of money in this market as long as you are ready to do some homework and take intelligent trading decisions. Ensure that you are equipped with the knowledge you need, start out slowly while you are learning the ropes, find and listen to the successful traders and you will discover that it is possible to make a great deal of money very quickly in this extremely lucrative market. - 23159

About the Author:

Visit http://LearningForexTradingOnline.com to find the key to currency trading made easy and learn more about Forex trading strategies