To Learn Forex

By Bart Icles

As much as you give yourself time to learn the basics of the forex market, as well as some advanced ideas about it, it also helps to learn forex trading myths to keep yourself aware. These myths can as easily trick you to making the biggest mistakes in forex trading that can prove to be damaging, especially to newcomers to the currency market. More often than not, there are many newcomers who fall into the array of forex traders who end up losing their money because they are all too caught up in believing that forex trading is a get-rich-quick scheme. This is just one of the many forex myths that you should learn so you can keep yourself from making the biggest forex trading markets that any trader can commit.

Forex trading is not a simple buy and sell thing and it does not offer any get-rich-quick promises. Currency trading requires a thorough understanding of what the different trading systems are and how you can use trading signals to your advantage. To learn forex trading basics is just the start. This unpredictable market might require you to go through a series of losses first before you can fully understand the different crafts used in the trade. Keep in mind that forex trading is far from child?s play.

With this said, it also helps to take note that forex trading is far from playing online casino games. There are those who equate trading to gambling but this should not be the case. In forex trading, your success does not totally rely on luck. Your success can also be defined by how well you are able to understand and use macroeconomic indicators to your advantage.

If you are thinking that forex trading is just for the rich and famous strategists, you can never be more wrong. The currency market is by far one of the easiest markets that newcomers can join. You simply need a computer, an internet connection, some spare time to spend on trading, and about a couple of dollars in capital. If you were able to spend enough time to learn forex basics and myths, you will be able to distinguish which things to do best in certain situations that will eventually help you rake in profits.

So remember, to learn forex basics is not enough. You should also learn about the different forex myths so you can develop ways son how to avoid them. Awareness can just become your key to success in this rewarding yet unpredictable market. - 23159

About the Author:

Forex Training starts with a desire to learn and a drive to become a great trader. Becoming a Forex Trader takes dedication and a good teacher. But once you learn how to trade and do so successfully your life will change and you have options and financial resources you never had before.

Tips for Trading Rectangles Long with CFDs

By Jeff Cartridge

Rectangles have been very popular with traders over the years trading the chart pattern when it breaks out in either direction. A rectangle is defined by two lines, one on the upper boundary of the price movement and one on the lower boundary, both of which are horizontal. The lines are parallel. These can be referred to as consolidations or channels, or the well known Darvas Box, used by Nicolas Darvas to make $2 million in the markets.

Rectangles, Unpredictable But Profitable

Rectangle breakouts show a slight bias to the upside with patterns breaking up 54% of the time. This upward bias is likely due to the overall bullish bias of the market as the symmetrical nature of the pattern does not clearly indicate a breakout direction. The breakout of rectangles can deliver strong returns with 56% of the patterns being profitable. The average return for the long trades is 1.15% in 12 days.

Improve Your Trades

When you look at the performance of a rectangle the pattern works better when the market is rising. Trading rectangles when the market is in an up trend or consolidating improves your trading results. If the sector and the stock are consolidating or rising this also improves the performance of the pattern.

Rectangles are sensitive to the length of the pattern with breakouts that occur between 10 and 35 days, from the start of the pattern, performing the best. While the pattern breakout works best in the range specified, it is not important if the pattern breakout is early or late in the pattern.

If volume supports a rectangle breakout then the profitability of the trades improves. For volume to support the breakout, volume when the stock is going up should be greater than volume when the stock is going down. Also avoid patterns that are formed by a single large candle and have lower highs before the breakout.

Rectangles Can Be Very Profitable

Following a series of simple rules to determine which rectangle to trade can improve results dramatically. By applying these filters rectangles are profitable on a stunning 71% of the trades and return an average of 1.89% per trade in 13 days. This is a very predictable pattern to trade.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23159

About the Author:

Jeff Cartridge is a private trader and created the website LearnCFDs.com Discover Patterns of Success

Aspects Of Business To Business Property Management

By Layla Vanderbilt

Proper management of business property has a lot of different complications and requirements involved. But the first things you should be concerned with in business property management is screening and analyzing the market properly so you know what's going on with your competition and your potential partners.

Although you might be tempted to go it alone, there's some real benefits to taking on a specialist who focuses on this kind of thing, so keep that in mind before deciding what to do. A professional in business property management serves as a general administrative overseer, tends to the creation of practical fiscal plans and getting to them, and tries to plan things out to the best for the customer or customers.

Business to business and property management and five main functions: leadership, planning, coordination, regulation and control. Being because all these jobs require different tasks, competencies and capabilities, and business aspects of the ownership and management of the work did by various professionals and training for these roles. They all have skills and special abilities, and respect for the code of ethical conduct in business ownership and business management, and provide excellent services. Lead a major project for businesses in property and business management is a matter of great responsibility, as the leader must know the direction, and the main tasks of the property management process.

There are some people responsible for the planning of the activities that have to be done. They have to know to deal with the process. There are many important activities of this management. They are coordination between people, research of market and so on. The person must be in full command of the situation and this requires special skills and knowledge of the particular field.

Performance of the business of real estate companies, business management, should meet the high standards of economic and technological development. Professionals working in various business functions of the real estate and business display their abilities and to ensure performance, and a wealth of customer properties. Highly trained personnel involved in business ownership and business management to meet customer needs and requirements, and provide extensive reports, and inspections in the market and studies on effective and successful property management.

Much like insects, who are each given a task they are perfectly suited for, the professionals of business property management are assigned to very particular areas with the intent of them getting down to extremely narrow tasks with an incredible level of speed and general quality work.

Business to business and property management is supposed to involve details that were not pleasant, such as the effective management of revenue and other activities related with the construction and repair and maintenance. To meet the requirements and needs of each one must be a lot of skills, knowledge and patience. This is why the business of property management companies very successful, and provide assistance and advice to those who cannot deal with a lot of roles and responsibilities. Rewards for professional services offered to companies of commercial real estate and business management is deserving of time and hard work spent in an attempt to achieve something a professional can be solved almost immediately. - 23159

About the Author:

Layla Vanderbilt is the webmaster for a leading property management solution review website which connects people with the leading property management tools.

Understanding Forex Pips (Part II)

By Ahmad Hassam

It is always good to be familiar how to calculate the pips in US Dollar. If the quote currency is anything other than US Dollar, the results must be converted to dollars using the current exchange rate between the quote currency and the US Dollar in order to obtain the dollar value of the pip. Lets take a few examples:

First Example: USD is the base currency and JPY is the quote currency here in the currency pair USD/JPY. Using our standard formula: Pip value for 1 standard lot of USD/JPY= 100,000 (Lot Size)*1(No of Lots)*0.01(Pip Size) = 1000.

If your account is in US Dollar, you need to convert this pip value into US Dollar. The quote currency is in Yen, so the value of 1 pip on a standard lot is also in Yen. The broker will calculate the pip value in US Dollar for you automatically if you instruct the broker to do so.

You should understand that until you instruct the broker to exchange currencies into your own currency, your profit and loss will stay in that currency you made a profit or loss in. So instruct your forex broker that you need your profit and loss statements in US Dollar. However, lets try to learn to do these calculations ourselves as well.

In order to make the conversion to USD, you need the USD/JPY exchange rate. Suppose the USD/JPY rate is 101.02. The Dollar pip value will be 1000/101.02= $ 9.89. Therefore, 1 pip is equal to $ 9.89 in the case of USD/JPY for a standard lot at the exchange rate of 101.02.

Example#2: Now consider the currency pair EUR/GBP. It is a cross currency pair. Meaning it does not involve USD on any side. The base currency in this case is Euro and the quote currency is British Pound.

Pip value for a standard lot of EUR/GBP= 100,000 (Lot Size)*1 (Number of Lots)*0.0001(Pip Size) = 10. Here, the quote currency is in British Pounds, hence the value of pip is also in Pounds.

You need the GBP/USD exchange rate in order to convert into USD. Suppose the GBP/USD exchange rate is 1.8465. Dollar pip value will be 10*1.8465=$18.46. This means that the pip value will keep on changing depending on the currency pair exchange rate.

Example No 3: Lets take the currency pair EUR/USD. Here the base currency is in USD so you wont have to make any conversions. Pip value on a standard lot=100,000(Lot Size)*1(Number of Lots)*0.0001(Pip Size) = $10 per pip.

Leverage does not affect the pip value. It should be kept in mind that while the lot size, amount of lots traded and the specific currency pair traded will certainly affect the pip value, the leverage chosen by the trader whether it is 50:1, 400:1 or somewhere in between, has absolutely no bearing whatsoever on the pip value.

The exchange rate for any currency pair is expressed in the form of bid/ask. For example the EUR/USD exchange rate might be 0.9955/0.9959. The first number is the bid price that you will get if you sell Euros against US Dollar. The second number is the ask price, the price at which the broker will sell you Euros against US Dollar.

Spread is also an important concept that you need to know. The difference between the bid and ask price is known as the spread. Spread is always expressed in pips. It may vary from broker to broker. Spread is the brokers profit and youre trading cost. Sometimes there can be slippage also. Slippage is also expressed in pips. New traders often think that the difference between the price they see on their charts and the price the broker quotes them is slippage. This is wrong. Your charting software and broker prices are two different things. - 23159

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading stocks and currencies. Try These 1500 Pips A Day Forex Signals From Heaven. Know Forex Rebellion!

Should I Be Buying Stocks On Margin ?

By Richard Moran

You can use someone else's money to leverage your capital for stock purchases. That is buying on margin and is the same as buying other things on credit. The difference comes to the control you have over your investment - with the stock market you are at the whims of the day-to-day market fluctuations. Many of the recent financial problems drove the market down and therefore lost money for those who held their stock on margin. These circumstances left many stocks at all time slows.

Just Pay For the Stock You Buy

When you initially open a brokerage account most stock firms will make you pay for your initial purchase. Most require a minimum equity of $2000 before they will even discuss any margin purchases. Remember unless you are paying cash there will be interest charges due on any stock you buy on margin. Therefore, in order to make a profit not only does the stock have to go up in value enough to cover your investment and the firms charges, but you will also have to cover the interest you have paid over the time you have owned the shares. Most times unless you are a market maven you will come out way ahead using cash to purchase your stock.

Using A Brokers' Margin System

When you borrow money to buy a car you pay back what you borrowed, plus an interest charge. This is the same with marginal stock. You are borrowing part (usually around 80%) of the stock price from the broker. For this service the broker will charge you interest. If you buy a $100 stock you give the broker $20 and borrow $80. You then pay interest on that $80 until you sell. So theoretically, If the stock goes up to $150 you must give the broker back their $80 plus the interest for the time you held the stock. The great part in using margin (if the stock goes up) is making a $20 investment you have gotten your $20 back plus a $50 profit minus whatever interest is due. Many day traders use this method to make a lot of money by buying and selling stocks quickly - sometimes buying in the morning and selling in the afternoon - hence day trading.

The Real Magic Is Knowing What Stock To Buy

If your interested in margins the best advice is to know your stocks. One bad bet can cost a lost of money. Conversely, it can make you a bundle. History can help with a stocks' rises and falls but circumstances of a particular day can affect a solid stock to a great extent. Think what would happen to the health insurance provider's stock if the government announced universal health care for the citizens of the United States. Everything affects the stock prices - politics, weather, the moods of the people. When a few of the banks borrowed from the government most bank stock whet down, even if they were not borrowers from the fed.

Margin/Cash - so which is the best way?

It comes down to your mindset when it comes to risk. If you will get ulcers worrying about the money you owe on margin it might be a good idea to stay out of the market all together, or buy mutual funds and let someone else worry about the return. Paying cash leaves you in a more flexible position while the margin gives you greater potential. The most important thing is to do your research and invest with your head not your heart. - 23159

About the Author:

Richard Moran is a Financial Consultant and writer for Money Helpers. The site contains hundreds of articles, charts, and calculators to assist you in your financial health. All the aspects of the site are free and it is updated on an almost daily basis. If you are looking for any financial information or products they can be found on Money Helpers.