Friday, November 2, 2007

E-commerce - Advanced Tips for E-commerce

Internet has made it relatively easy for everybody to do transactions online. No need to leave your house and drive at least an hour to get to the mall to shop just to find out that what you came for is out of stock. With more and more people turning to the Internet to buy their needs, E-commerce becomes the new it business that offers huge profits and convenience. I am sure you are now eager to learn more about E-commerce, read on!

1.To make it to E-commerce, you must have an interesting, attractive web site. You must present all the products and services in a way that will entice online users to click the buy now button. In addition, you must stand out by offering products and services not commonly found in the Internet.

2.Your web site must be equipped to accept several kinds of payment method especially credit cards.

3.Market research also plays an important role in E-commerce. You must study the buying patterns of online users and what exactly they are looking for. Offer products that have high demands but has low supply.

4.Come up with killer product descriptions. Include the benefits of the products and its value. Convince your customers that what you are offering is the best in the business today.

5.Throw in some freebies. This is especially effective for start-up business. Free items will surely attract attention that can lead to business relations in the long run.

Keep in mind, you may need to think outside the box to excel in ecommerce.

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Stock Research - Hedge Funds - If Bear Stearns Doesn't Know - Who Knows?

As the hedge fund world becomes bigger and bigger as more and more hot money seeks the elusive alpha of maximum performance, it is becoming apparent that more and more newspaper space will be devoted to hedge funds, and private equity. Recent news has taken us into the inner sanctum of Bear Stearns, truly a dominant investment firm in the world today. It might be argued that Bear Stearns is the best managed Wall Street firm in existence. Some might say Goldman Sachs. In any event Bear Stearns would have to be on the short list.

Investment firms for almost a decade sat by and watched hedge funds form, and amass vast investment capital pools while successfully charging 2% management fees, and 20% of the profits. Some of these hedge funds in a few years, have grown to possess capital bases equal to that of investment banking firms that have been around for generations. Taking some of the risks that were involved to achieve this performance is now coming home to roost.

Bear Stearns is the latest firm to stub its toe in the hedge fund industry. The firm is FAMOUS for quantifying and judging RISK before making its bets. This time however it seems that Bear Stearns threw its usual caution to the wind in embracing the formation of two hedge funds over the last year or so.

The second hedge fund was considered a more highly-leveraged version of Bears High Grade structured Credit Strategies fund which was formed last year. Both funds were managed by Ralph Cioffi, who up until recent events took hold, had the reputation of being a MASTER at this game, and the game is the subprime mortgage bond business.

Most people are not aware of it but Bear Stearns is the finest fixed income trading firm on the planet bar none, and this has been true for several generations. This makes recent events even more perplexing to understand.

Jimmy Cayne who is Bears CEO is embarrassed at the very least, and certainly upset enough that there will be major changes in the leadership of the units responsible for the pain being inflected on the firms reputation. This should not have happened at Bear Stearns, thats the point.

Actions Taken and Implications

Mr. Cayne has made the decision to inject $3.2 billion of Bear Stearns capital into a bail-out of the older fund. Bear is also negotiating with the banks that put up the credit facility for the other fund, the highly leveraged High-Grade Enhanced Leveraged fund. What Bear is trying to prevent is the forced sale of the debt obligations underlying the funds investments. These issues trade by appointment as they say, which means they rarely trade at all. Bear knows the Street smells blood, and will take advantage of any weakness that Bear shows.

So what are the implications of this latest hedge fund debacle? It clearly shows that the most sophisticated investors on the planet who put their money into hedge funds may in fact have NO IDEA what they are investing in. Instead, they are betting on the institutional reputation of the firms standing in back of the hedge funds. In this case nobody knew more about this market segment than Bear Stearns, yet they caught in a terrible position.

This is not Caynes fault, but as CEO, it is always his responsibility. I believe him to be the finest Wall Street executive of his generation. Nevertheless, his underlings certainly let him down, and they are among the highest paid people in the world today. Some of these industry veterans are drawing $10 million dollar annual incomes. Let the investor beware is the rule of the day, especially when it comes to hedge funds.

Richard Stoyecks background includes being a limited partner at Bear Stearns, Senior VP at Lehman Brothers, Kuhn Loeb, Arthur Andersen, and KPMG. Educated at Pace University, NYU, and Harvard University, today he runs Rockefeller Capital Partners and for a fuller version of this article please visit our website.

Power Lift Your Trading

Successful trading requires having a firm understanding of the risk and reward picture before taking a trade. It requires having a good idea as to the trend direction of the market within a time frame that is higher than the one used to trade from.

For instance, if a trader usually takes trades that do not last more than one day, then it is likely that intraday charts are used in making trading decisions. These may be charts ranging in time-frames of 1 minute up to a few hours. For this type of trader, it is beneficial to know the daily trend, which is the next higher time-frame from intra day charting.

The trader who places trades based on a daily chart would be wise to determine what the weekly trend happens to be, the next time frame above daily. And for those who trade long-term and base trades from weekly charts, knowing the monthly trend would be expected.

As simple as this happens to be, it is quite common for traders to excuse this important step in the analysis. However, for the trader who seeks to have the power of the markets behind the move, the higher time frame should be consulted to determine whether to be a seller or buyer.

Take for example the trader who prefers to place trades based off a daily chart. Such a trader is likely interested in staying in the trade for at least a day or two, even longer. In such a case, the trader should consult the weekly chart, which is the next higher time frame, and note the likely trend.

So with the weekly chart, suppose the pattern is one of higher weekly swing bottoms and higher weekly swing tops. This is a typical pattern for a bull trend.

Acknowledging that the weekly trend is bullish, the daily time frame trader would then only consider taking trades that are designed for bullish markets. This may be long positions in the futures, buying Calls or selling Puts in options, or perhaps a spread strategy that favors the bull move.

Once the direction of the trade has been decided based on the higher time frame trend, it is important to know 'when' such trades are best taken.

For example, just because the weekly trend is bullish does not necessary mean a long position off the daily time frame will meet with favorable results. For even when a trend is bullish, it will have bearish corrections along the way. Therefore, to get the power lift from the higher time frame, it is best to get on board when those trend corrections at the higher time frame had ended.

In the case of our weekly bull trend example, the best time to buy off the daily chart is when the weekly chart is putting in a higher weekly swing bottom. These higher weekly swing bottoms occur usually at the end of a bull trend correction. Just like the best place to enter a daily chart is off a daily trend correction that is ending, the best time to do this is when the higher time frame is also ending a trend correction.

Once the trader becomes wise to this simple but important fact, all that is left is to learn the simple techniques that help determine what the trend happens to be on any given time frame. Simple methods include looking for the obvious higher swing tops/bottoms for a bull or lower swing tops/bottoms for a bear trend, noting correction ratios such as 50% pullbacks or the commonly used Fibonacci and Gann ratios, and whether a correction appears oversold or overbought based on indicators designed for this purpose (Stochastic, MACD, COT, etc.).

As a market cycle analyst, my preference to determining when trend corrections are likely ending is by calculating whether a market turn is highly probable due to dynamic cycles, such as is forecasted using my FDate algorithm Along with this, I will also employ a powerful technique for figuring out trend overbought/oversold parameters to further support my findings.

However you decide to calculate the likely end of a trend correction, remember to use the trend of the higher time frame, and wait for the end of a correction to that trend, to assist your timing and trade direction on the lower time frame. By doing this, you will allow the market to 'power lift' many of your trades.

Learn more on how to increase your profit potential with other free articles found at our Precision Timing of the Futures, Commodity and Forex Markets website.

Thursday, November 1, 2007

Surviving The Commodity Markets, PART 4 - Trading Guidelines For Different Account Sizes

Of all the important skills in trading, survival is number one. For unless we make it through the inevitable bad times, we won't be around to capitalize on the good. I've laid out some trading account guidelines that specify the account size required to conduct various commodity futures and option trading activities. Stick within these guidelines and you will have an edge on most of the commodity trading public.

$10,000 ACCOUNT:

Risk no more than 7.5% maximum a trade ($750)

A $10,000 account is probably the minimum commodity amount to begin trading with. Remember that a bigger account is NOT for buying more futures contracts or commodity options, but being able to easily split it into fifteen to twenty different parts. We want to have enough money to support each new position, for many tries, until we hit the great trades that make up for all the losses, expenses and turn a profit.

Probability allows us to have times when we do everything right and have a good run of winners. But the outcome of INDIVIDUAL trades is impossible to predict. Only by doing things right over the long run will probability favor us over the commodity trader who is reckless and random.

The reckless trader will have times when he does very well. But in the end the odds will take him out and give his money to the ones who maintain control. We dont have to trade perfectly - just better than most.


With a $10,000 account you can now buy a better quality commodity option that has lots of time and is closer to the money. This may not be possible if the cat is out of the bag. This is a market that is already running strong and the option premium is inflated.

You want to purchase commodity options before the crowd starts chasing the futures market. We use our Timeline program for timing as well as commercial option analysis software to signal high probability trades that have undervalued options and room for the premiums to expand. The bottom line is you can risk $500 (5%) or perhaps even $750 (7.5%). But for a $10,000 account, a $1,000 option is high risk and done only if the trade looks exceptional and it permits you to purchase a great option value. In this case you would look to salvage some premium if wrong, rather than let it expire worthless.


A $10,000 commodity account gives you more margin money, thus the ability to hold two to three different positions at one time. Remember that we dont know which "high probability" trade will work out, if any, so this is one place where diversification may help.

Ive seen many times in the past where an account was too small to safely take advantage of four good trade opportunities at once. As sometimes happens, the trades that were picked did not work out, while the ones let go were stellar performers. Remember to risk no more than $750 per trade to stay within the risk parameters of 7.5%.


With a $10,000 commodity account, we are just beginning to get a small amount of flexibility. Very often when the TimeLine or Option Writing program signals an option CALL write, it may later signal a PUT write before the initial call is covered. We will then have two positions. This requires two margins instead of one.

We may even get the opportunity to average in a second lot if the options are far out-of-the-money. And we also have the money to do an adjustment. This is taking a small loss and then immediately selling a new option farther away to possibly recoup the loss and make a profit.

As you can see, the advantage of a larger account is survivability - that is, being able to risk a smaller percentage of the total account. In addition, it permits more flexible strategies that involve multiple option writes and more complex positions. A larger account ($10,000) is NOT for taking on larger quantities of the same position. In other words, don't treat it like two $5,000 accounts.

Part Five of Six Parts- Next!

There is substantial risk of loss trading futures and options and may not be suitable for all types of investors. Only risk capital should be used.

Thomas Cathey - 27-year trading veteran heads the managed futures division of Thomas Capital Management, LLC. View his TimeLine Trading market predictions and get his complete, free 44+ lesson, "Thomas Commodity Trading Course".

Main site:

Do You Know the IRA Eligibility Rules?

An additional income tax deduction may be available by contributing to an IRA. However, many people may not realize they qualify to have an IRA. So lets take a look at the contribution rules.

One of the things that makes IRAs so complicated is trying to understand the eligibility, maximum contribution limits, contribution phaseouts, etc. of all the types of IRAs at one time. Technically, there are five types of IRAs: Traditional, Roth, SEPs, SAR-SEPs and SIMPLE. So we are going to limit the discussion here to the traditional IRA.

In this article, all of the rules pertain to 2007. Some of the numbers used in the calculation of how much you can contribute to an IRA are subject to indexing. So you need to obtain the proper figures for any year in question.

The determination of your eligibility for a traditional IRA, and the ability to calculate how much you could contribute, are dependent on several things:

1. Your age

If you are under 50, you can contribute a maximum of $4,000 to a traditional IRA. If you turn 50 during the year or are over 50, you can add another $1,000 which is called a catch-up contribution. If you turn 70 during the year, you can't make any contribution.

2. Were you an active participant in an employer sponsored plan during the year?

If so, you still may be able to contribute to an IRA. The amount depends on how much money you made and your tax filing status (single, joint or separate).

Having modified adjusted gross income (MAGI) of certain levels requires applying a formula which calculates a gradually decreasing permissible deductible contribution. If your MAGI exceeds certain thresholds, you can't contribute anything. These thresholds depend on how you file your taxes. Here they are:

Married filing jointly: Up to $83,000 of MAGI allows for a full contribution. Then a phrase out begins as income increases. For MAGI of $103,000 or above, no deductible contribution is allowed.

Single or Head of Household: If your MAGI is $62,000 or above, no deductible contribution is possible. The phase out starts at $52,000, so anything lower allows for a full contribution.

Married filing separately: For a MAGI of $10,000 or more, no contribution is permitted and the phase out starts at $0.

3. Do you live with your spouse or file a joint return and your spouse is a participant in a qualified plan, but you are not?

In this instance, your ability to make a contribution is reduced to zero if you have a MAGI over $166,000. Up to a MAGI of $156,000, you can take a full deductible contribution.

4. Did you receive compensation during the year?

Contributions must be made from compensation received. Sorry, if you were unemployed all year, sheltering that big day at the track is not permitted.

5. Do you have cash?

Contributions must be made in cash. You can't contribute stock or any other type of asset.

6. Do you file a joint tax return and make less than your spouse?

If so, you may be eligible to make a contribution. This rule was originally intended for a spouse who did not work; however, it may apply to a spouse who works as well.

You will need to apply the rules and work through the math. You may find a spouse has no compensation for the year can make the maximum (i.e. under age 50: $4,000) contribution.

7. Did your employer go bankrupt?

The rules here are pretty narrow, but if you qualify you could be in for a nice surprise. You would have to have been a participant in a 401(k) plan with specific attributes and your employer filed Chapter 11.

If you qualify, you would be eligible for catch-up contributions of $3,000 for years 2007-2009. And these catch-up provisions apply to all ages-you don't have to be 50 or older.

Armed with this information, you should be in a position to determine if an additional deduction is available to you by contributing to an IRA.

Robert D. Cavanaugh, CLU is a 36-year financial and estate planning veteran and author of the free newsletter, The Estate Preservation Advisor. To subscribe and get the free video, How to Sell Your Life Insurance Policy for More Than the Cash Value, go to

Moving Averages - The Forex Trading Power Indicator

Every forex currency trader must know how to accurately interpret technical indicators in order to be a successful trader. Being able to consistently interpret currency trading technical indicators is the difference between forex trading success and failure. Moving averages are one of the technical indicators frequently used by forex trading pros. Let's discover what moving averages are and how they are useful for forex traders.

Moving averages are one of the most popular and easy to use tools available to the forex trader. While technical analysis is largely subjective, moving averages are mathematically precise and objective. One of the reasons moving averages are so popular is that they embody some of the most common stipulations of successful forex trading. Moving averages are extremely important for not only isolating trends, momentum, and support/resistance, but more importantly, for highlighting the underlying bias of the dominant trading cycles. Because the forex market is a spot market, moving averages are used to calculate the current average of prices, and can help traders make investment decisions on the spot.

Moving averages are a useful technical tool in a trending market. The reason for this is simple; they are considered by most analysts the most basic and core trend identifying indicators. It is designed to smooth out temporary price fluctuations and reveal the true path of the underlying trend. Moving averages may also act as support and resistance levels in a trending market. Some investors prefer simple moving averages over long time periods to identify long-term trend changes. When two moving averages are used together, the longer term moving average is used to help identify the trend, and the shorter one for timing purposes. When there is no trend, the moving averages are flat and are not of much use. Fortunately for forex traders the forex market is a trending market - a perfect market for utilizing moving averages.

There are five popular types of moving averages: simple, exponential, triangular, variable, and weighted. The two major types of moving averages are "simple" and "exponential". Simple moving averages are widely used, predominately because of its ease of computation. Simple moving averages apply equal weight to the prices. A simple moving average (SMA) is formed by finding the average price of a currency or commodity over a set number of periods of time.

Exponential moving averages (EMA) are by and large preferred when charting prices on the currency markets. Exponential moving averages reduce the lag by applying more weight to recent prices relative to older prices. The method for calculating the exponential moving average is fairly complicated. The important thing to remember is that the exponential moving average puts more weight on recent prices.

History has shown that when prices begin trading above the moving average line the market is becoming bullish and traders should be looking for buy entry points. When prices begin trading below the moving average line the market is becoming bearish and traders should look for an opportunity to sell. Investors typically buy when the price of currency pair rises above its moving average and sell when the it falls below its moving average.

Before ending this article let's review. Moving Averages are one of the most popular technical indicators used by traders charting the forex market. Moving averages are extremely important for not only isolating trends, support & resistance and momentum but more importantly, for highlighting the underlying bias of the dominant trading cycles. Master interpreting moving averages and other popular forex trading technical indicators and you will become a successful and wealthy forex trader.

Have you ever desired the income and freedom of being a home based forex trader? Visit the author's (Kenneth Aikens) website for more powerful forex trading information: forex training - forex article directory.

Factors Influencing a Currency Pair Exchange Rate


The exchange rate refers to the value of the US dollar against the values of currencies of other countries. Such a rate helps determine how much we pay for imported goods and services and how much we receive for what we export, among other things. When the value of the US dollar drops, imports become more expensive, and we tend to reduce the volume of our imports. Simultaneously, other countries will pay LESS for some of our products and that will tend to boost export sales. If imports and exports are a substantial part of a country's economy, as is the case with Canada, the exchange rate plays a particularly important role in our economy. The exchange rate between two countries' currencies is particularly important if the two countries are heavily involved in trade.

What factors affect an exchange rate?

A country's exchange rate is typically affected by the supply and demand for that country's currency in international exchange markets. This is typically known as a floating exchange rate. If demand, for say dollars, exceeds supply, then the value of the dollar will go up. If however, the supply of dollars exceeds demand, then its value will go down. A huge amount of money is bought and sold on international exchange markets for many different currencies.

Several factors influence the supply of, and demand for, a given country's currency.

If INTEREST rates are HIGHER in, say, the US than in other countries, then investors WILL choose to invest in the US, increasing demand for the dollar, provided that the expected rate of inflation is not higher in the US than among our trading partners. If INTEREST rates are LOWER in the US than in other countries, investors will choose NOT to invest in the US, decreasing demand for the dollar.

If the US INFLATION rate is HIGHER, investors are LESS likely to prefer the US -even with higher interest rates- because of the expectation that the value of the dollar will be ERODED by inflation. If our INFLATION rate is LOWER, investors are MORE likely to prefer the US, because there will be NO expectation that the value of the dollar will erode.

Trade balance also has an effect on a country's currency. If world prices for what a country exports rise in comparison with the cost of that country's imports, that country will be earning more for its exports than it pays for its imports. The more demand there will be for that country's currency, the better the deal becomes. If investors are confident that the US economy will be strong, they will be MORE likely to buy American assets, pushing UP the dollar's value. If investors are not so confident that the economy will be strong, they will be LESS likely to buy the country's assets, pushing the dollar's value DOWN.

Joshua Kunken is Chief Currency Analyst for

Friday, October 12, 2007

Unlocking the Riddle of Kilgore Minerals: Gold Exploration Inside a Uranium Company?

Unless you are a subscriber to Robert Bishops Gold Mining Stock Report, you may not have heard about this budding uranium development company. The companys share price had a healthy rally after the San Francisco Gold Show, last November, when Kilgore Minerals (TSX: KAU) was discussed as a potential takeover candidate. Shares in this little-known minerals company catapulted from the C$0.50 0.60 range to as high as C$1.13/share by February 6th. Pinetree Capital (TSE: PNP), itself a red-hot stock whose shares have quadrupled since early November, announced it had purchased approximately 10.5 percent of Kilgore Minerals (and if the convertible securities were exercised, its ownership could reach 12.9 percent).

What is the excitement over Kilgore Minerals? Norman Burmeister is hardly the promotional type. Even his good friend, letter writer Robert Bishop, describes the company as non-promotional. During our interview, it occurred one might think of Kilgore Minerals as a uranium company inside a gold exploration company. That should become apparent as you continue reading this. And the question was posed to Mr. Burmeister, At the end of this year, will Kilgore be better known as a gold or uranium company. After a long pause, he responded, The objective here is to build a mining company.

Far from the very promotional Howe Street area, where the majority of the TSX Venture exchange companies have offices, Burmeister is nearly reclusive in a small town in Wyoming. Its about ten miles to the nearest stop light, he told StockInterview. Actually, Dubois, Wyoming where youll find Mr. Burmeister is less than 80 miles away from Yellowstone National Park. (Keep driving west on US 287, and youll be in Montana.) When we hear a company CEO talking up that hes going to build a mining company, the phrase grain of salt comes to mind. But a careful review of Mr. Burmeisters resume will snap even the most cynical out of that frame of mind, starting with his graduation from the Colorado School of Mines as a geological engineer. (See bio snapshot at the end of the article.) Hes found and developed a gold mine, found deposits, sold them to a major company. Been there, done it, and now hes ready for something even bigger.

Kilgore Minerals Uranium Projects

Now, Burmeister has got three gold and 12 uranium properties. The uranium properties are convincing, and the company plans a drill program on one, in Nevada. We are in the process of permitting one property for a summer drill program. Its a Nevada property that was drilled out by Utah Mining and Construction, which became a division of General Electric. It subsequently became Pathfinder Mines, when GE was ordered to divest their uranium mining and producing facilities. Hes referring to the companys 46-claim Mountain West property in Elko, Nevada. One might suspect the hand of Dr. Dieter Krewedl in this property selection. Dr. Krewedl was vice president of exploration for Pathfinder in 1990 1995 (and also serves on the board of directors of Strathmore Minerals).

Its not the largest property in our portfolio, but its handy, Burmeister said humbly. Its in a good jurisdiction in ELKO County, Nevada. Its something that we can get permitted and move forward. Its a relatively low cost type of operation. Its something we think our company with our resources can advance significantly within a budget that isnt going to commit the companys entire resources. Burmeister believes the Nevada uranium asset may have a good grade. Its near surface with essentially a low stripping ratio, so it could be mined with a slot type of mining operation, he explained. When a deposit is relatively shallow, the slot type mining method can be used, similar to how a quarry is mined.

His two Wyoming properties in Crook County, comprising 122 claims, were previously drilled by different major companies in each of the three claim blocks. Homestake Mining drilled over 3,000 holes as late as the mid 1980s on the 48-claim New Group block. In one area alone, within a 40-acre tract, over 250 holes were drilled (about six holes per acre). Bethlehem Steels 2 claims in the Oshoto Group consist of an admittedly a small property. But it is right in the center of what was developed in the late 1970s, Burmeister insisted. The joint venture, between Bethlehem Steel and a California-based oil company, did a successful test ISL operation on the property in 1979. As they were winding down the test, and evaluating the results, they had to contend, as did many other uranium exploration companies, with the public outcry after Three Mile Island.

Another uranium property block, the 72-claim Wood Group, was also extensively drilled, by Homestake and Pioneer Nuclear. It is estimated several hundred holes explored the property, and 115 holes were drilled on one 160-acre tract. Burmeister hinted his uranium package was still being assembled. The companys website notes, The Company will continue its efforts on the location and acquisition of historic data associated with its portfolio of uranium properties.

What tickles Norman Burmeisters fancy about this area? It is the Inyan Kara group, he said. His leases are part of a much larger package. There is roll front Cretaceous sediment that surrounds the Black Hills. We have properties on northern part of the system in Montana, we have properties on the western flank, and this is in addition to lands on the roll front on the eastern flank of the Black Hills. And what makes this important? Its the equivalent to the stratigraphic unit that has been highly productive in the Powder River Basin, explained Burmeister. Its also been productive at its southern extremity in South Dakota in the Edgemont District.

Others have been announcing uranium leases in Wyoming, and the state has become a hotbed of claims announcements in recent months. How did Kilgore Minerals come across these? We came by some information in a package of data we purchased that included the definitive location of the roll front, explained Burmeister. I dont think that information was widely known. Thats why these leases were not picked up in the past. I think folks didnt know where that roll front was. That roll front was defined by a major uranium company with over 15 years of exploration in the area, having drilled I dont know how many thousands of reconnaissance drill holes of these things, like one per square mile, over several counties: northeastern Wyoming, southeast Montana, and western South Dakota. That information led to the definition of the roll front where these uranium deposits occur. With that said, Mr. Burmeister is quietly confident.

The Kilgore Gold Project

But which project gets Norman Burmeister talking breathlessly? Ask him about the companys Kilgore gold property in southeastern Idaho. Im very excited about this project, said Burmeister. It was a property that was very high on Echo Bays list. At the time they were active, Echo Bay was one of the major gold explorers of the world. They had a very large budget. This was one of their top projects, possibly even their top project. Indeed, Echo Bay had drilled 122 holes (82,987 feet of drilling) in 1994-96, and bought out Placer Dome for 100 percent ownership of the property. The collapse of junior gold exploration in 1997 led to the project (and all Echo Bay projects) being shelved. Kennecott, Placer and Pegasus each drilled the gold property between 1983 and 1994. Kilgore Gold (wholly owned subsidiary of Kilgore Minerals) acquired 100-percent ownership of the property, after the exploration industry had contracted. The smart buy at the bottom of the cycle, which is what Norman Burmeister did.

During 2006, the main show for Kilgore Minerals will likely be the summer drilling program on the Kilgore gold property, comprising 150 unpatented claims over an area of approximately 4.7 square miles. The technical report (National Instrument 43-101) was filed on the property by G.H. Rayner and Associates, which estimated 218,000 ounces of gold indicated and 269,000 ounces of gold inferred. To ascertain that estimate, nearly 200 diamond and reverse circulation drill holes for more than 126, 000 feet were completed. Major gold companies spent more than $8 million to bring this property to this level of understanding.

As a resource, less than 500,000 ounces is a small deposit. However, a drill intersection, during the summer 2004 drill program, struck a 10-foot section averaging 0.465 ounces/tonne or 14.5 grams per tonne gold. Designated the Elsa Zone discovery hole, the intersection found that gold sample more than 4,600 feet from the 487,000-ounce gold resource.

A preliminary structural investigation by Stanton W. Caddey, a highly respected geological consultant, concluded in an October (2003) report:

The Kilgore prospect area represents a high quality gold project, much of which remains to be drill tested. Most the previous drilling was focused along a peripheral or satellite segment of the main hydrothermal system. The primary exploration potential is for a bonanza, epithermal, gold-rich vein system localized along the major N60W-trending McGarry Canyon NW fault zone and subordinate faults in the area referred to as Dog Bone Ridge Exploration potential at the Kilgore property for more than doubling the present gold resource with further exploration drilling is regarded as excellent.

In May 2004, Mine Development Associates of Reno, Nevada completed a scoping level update of Echo Bays 1996 initial engineering assessment of the Kilgore project. Neil B Prenn, P.E., agreed this is a large epithermal gold deposit, hosted in volcanic and sedimentary rocks, and the resource is hosted within quartz stockwork and in silicified sedimentary rocks. In reviewing Echo Bays work, he observed that instead of calculating a reserve for the property, they described an estimate with high confidence, the potential mineable part of the resources, at 10.087 million tonnes, averaging 1.28 grams/tonne, containing 417,000 ounces of gold. The engineer concluded, The project appears to have reasonably attractive economics if the potentially mineable material can be doubled at $375/ounce gold price.

Burmeister believes the best is yet to come. His summary of Echo Bays previous drilling was simple and to the point, They were focused on a low-grade open pit occurrence, which is very nice. It has a significant resource. In their enthusiasm to move that particular aspect of the project forward, I think they did not have the chance to step back and look at the overall hydrothermal system, which we have done. Burmeister added, We think the best may be yet to come by exploring for a high grade underground type of operation which is very much in favor these days.

The successful drill hole was a blind discovery at 410 feet of depth. Burmeister clarified, saying The first hole that we drilled, we were successful in discovering a blind high grade occurrence of gold beneath the barren sinter. He realized the mistake made during the 2004 drill program, In our enthusiasm to get our arms around this target area, which we call the Dog Bone Ridge area, we took enormous step-outs, and never offset that high grade hole. Subsequent holes were all interesting, museum quality realgar mineralization and stibnite mineralization, which are diagnostic of the epithermal model were testing. We got anomalous gold, but we didnt get any ore grade material.

The Dog Bone Ridge area, as determined by geochemistry, geophysics, geology and structure, is at least 6,000 feet long and 1,800 feet wide. Burmeister explained his better understanding of the target area, We think this is a very recent geological occurrence, and has not been eroded. Typically, there is no gold on the surface on these systems. It comes as the result of boiling. The gold is precipitated out at that level and does not reach the surface. Were actually dealing with a paleo-surface. Our discovery hole was deeper in the system, below the zone of boiling. So I dont think the other drilling we did, the other core holes, they did nothing but reinforce our interpretation of the system.

In July, Kilgore Minerals will proceed where drilling left off in 2004. A recent news release announced, The summer 2006 drill program is expected to commence in July with the first holes designed to offset the Elsa Zone discovery. There are a number of Elsa look-alike definitive targets within the overall Dog Bone Ridge target area that will also be tested. How does Norman Burmeister explain this in laymans terms? Were going to offset that discovery hole and find out what thats all about, he told StockInterview. Well go about the business of evaluating that project because its all prospective. We were targeting a projected structural intersection of which there are many. The success we had with that first hole, its not unique in terms of what we know in the geophysics, the geology, the structure and the geochemistry. Thats not to say that all of those targets are going to be successful, but the size of this system indicates it can host a very significant resource.

It was an exciting discovery hole, and the summer 2006 drilling program could spell success if drilling results match Burmeisters enthusiasm. In closing, he said, That hole could well be right smack in the middle of an ore body. We dont know what the orientation of the zone is, because with one hole, it is impossible to know what the dip and the strike is. We dont know if its close to true width or we hit it at the high angle. But, its very exciting.

Stay Tuned.

COPYRIGHT 2007 by StockInterview, Inc. ALL RIGHTS RESERVED.

James Finch contributes to and other publications. StockInterviews Investing in the Great Uranium Bull Market has become the most popular book ever published for uranium mining stock investors. Visit

12 Basic Stock Investing Rules Every Successful Investor Should Follow

There are many important things you need to know to trade and invest successfully in the stock market or any other market. 12 of the most important things that I can share with you based on many years of trading experience are enumerated below.

1. Buy low-sell high. As simple as this concept appears to be, the vast majority of investors do the exact opposite. Your ability to consistently buy low and sell high, will determine the success, or failure, of your investments. Your rate of return is determined 100% by when you enter the stock market.

2. The stock market is always right and price is the only reality in trading. If you want to make money in any market, you need to mirror what the market is doing. If the market is going down and you are long, the market is right and you are wrong. If the stock market is going up and you are short, the market is right and you are wrong.

Other things being equal, the longer you stay right with the stock market, the more money you will make. The longer you stay wrong with the stock market, the more money you will lose.

3. Every market or stock that goes up will go down and most markets or stocks that have gone down, will go up. The more extreme the move up or down, the more extreme the movement in the opposite direction once the trend changes. This is also known as "the trend always changes rule."

4. If you are looking for "reasons" that stocks or markets make large directional moves, you will probably never know for certain. Since we are dealing with perception of markets-not necessarily reality, you are wasting your time looking for the many reasons markets move.

A huge mistake most investors make is assuming that stock markets are rational or that they are capable of ascertaining why markets do anything. To make a profit trading, it is only necessary to know that markets are moving - not why they are moving. Stock market winners only care about direction and duration, while market losers are obsessed with the whys.

5. Stock markets generally move in advance of news or supportive fundamentals - sometimes months in advance. If you wait to invest until it is totally clear to you why a stock or a market is moving, you have to assume that others have done the same thing and you may be too late.

You need to get positioned before the largest directional trend move takes place. The market reaction to good or bad news in a bull market will be positive more often than not. The market reaction to good or bad news in a bear market will be negative more often than not.

6. The trend is your friend. Since the trend is the basis of all profit, we need long term trends to make sizeable money. The key is to know when to get aboard a trend and stick with it for a long period of time to maximize profits. Contrary to the short term perspective of most investors today, all the big money is made by catching large market moves - not by day trading or short term stock investing.

7. You must let your profits run and cut your losses quickly if you are to have any chance of being successful. Trading discipline is not a sufficient condition to make money in the markets, but it is a necessary condition. If you do not practice highly disciplined trading, you will not make money over the long term. This is a stock trading system in itself.

8. The Efficient Market Hypothesis is fallacious and is actually a derivative of the perfect competition model of capitalism. The Efficient Market Hypothesis at root shares many of the same false premises as the perfect competition paradigm as described by a well known economist.

The perfect competition model is not based on anything that exists on this earth. Consistently profitable professional traders simply have better information - and they act on it. Most non-professionals trade strictly on emotion, and lose much more money than they earn.

The combination of superior information for some investors and the usual panic as losses mount caused by buying high and selling low for others, creates inefficient markets.

9. Traditional technical and fundamental analysis alone may not enable you to consistently make money in the markets. Successful market timing is possible but not with the tools of analysis that most people employ.

If you eliminate optimization, data mining, subjectivism, and other such statistical tricks and data manipulation, most trading ideas are losers.

10. Never trust the advice and/or ideas of trading software vendors, stock trading system sellers, market commentators, financial analysts, brokers, newsletter publishers, trading authors, etc., unless they trade their own money and have traded successfully for years.

Note those that have traded successfully over very long periods of time are very few in number. Keep in mind that Wall Street and other financial firms make money by selling you something - not instilling wisdom in you. You should make your own trading decisions based on a rational analysis of all the facts.

11. The worst thing an investor can do is take a large loss on their position or portfolio. Market timing can help avert this much too common experience.

You can avoid making that huge mistake by avoiding buying things when they are high. It should be obvious that you should only buy when stocks are low and only sell when stocks are high.

Since your starting point is critical in determining your total return, if you buy low, your long term investment results are irrefutably better than someone that bought high.

12. The most successful investing methods should take most individuals no more than four or five hours per week and, for the majority of us, only one or two hours per week with little to no stress involved.

C.C. Collins is a Financial Planning Advisor and Author of Scientific Wealth Strategies at Find more information at

Forex Signals 2

In the previous article we discussed the importance of choosing the time frame to trade and touched some basic ways to generate the indicators for Forex signals. In this article we will discuss the value in assessing the markets with market generated information itself. This will require you to analyze what is going on in the market in the current time.

Ask a simple question- where is the market going right now and how well is it succeeding in its course. If it is succeeding then the current move is intact and there is initiative buying or selling in the current direction. It there is a change in the acceleration of the market, this will tell you that 'something has changed'. Now the next question is if something is changed how are the current market speculators going to respond to this change.

Is there going to be more initiative by the speculators to continue the current direction of is there going to be a responsive buying or selling in the opposite direction. This whole concept comes from the Market Profile studies done by some of the pioneers in the market theories earlier and are very powerful when analyzing the markets. At this point I am not going in the details of studying the markets using these theories rather I am discussing the basic concepts of market technical analysis. So there are two parts of the story that when joined together will make sense.

One is initiative buying or selling and continuation of that with more initiative buying or selling and the other is initiative buying or selling with responsive buying or selling in the opposite direction. This is how the financial markets work and it is similar to any other markets also. It is a two way auction process of bidding and asking, supply and demand. The whole idea of the market speculation is to maximize trade and to form an agreement on price between buyers and sellers. The market is a two way auction searching for buyers and sellers as it goes up and down and when it finds them, it reverses and again starts finding buyers and sellers. Please re read the article again to grasp this important concept. This will be the basis of our future articles on Forex signals.

Adnan Kaleemi is a Registered Commodity Trading Advisor and has been advising Forex traders all over the world in more than 60 countries for the last five years. He is currently registered with the commodity and futures trading commission in the US. He reaches global Forex traders where he provides daily forex signals and forecasts in the major currency pairs EURUSD, GBPUSD, USDJPY and USDCHF along with money management strategies At you will find informative articles, newsletters and other tools which will help transform your Forex Trading.

Business Investing Retirement Planning-Achieve Your Retirement Goals With The Right Investing Plan

So you want some business investing for retirement planning tips? Unfortunately, in todays day and age, many get to the end of their working years completely broke, and are forced to continue working long into what was supposed to be retirement.

You dont want this to happen to you. Retirement should be a time to experience the things you never had a chance to while you were working; dont let a lack of finances rob you of these experiences, especially when they are so easy to obtain.

First of all, in order to achieve your retirement objectives (and therefore know which business investing avenues are best) you need to know what you want to do after you retire. Do you want to own a beach house in California? Travel 10-15 times per year? Just stay around the home and relax?

Knowing this info is critical. Without this, how will you ever know if you are closing in on achieving your goals?

Once you have your goals planned out, now its time to figure out how much they will cost. This is where a retirement planning calculator comes in. often times, you can find a free one online.

Many companies give these tools out hoping that you will decide to go with them to receive retirement planning advice. Whether you do or not, at least use the tools to figure out the money you will need to retire on.

Now that you know this, figure out how much money you make now, and how much you will need to earn between now and retirement to accomplish your objectives. Only now should you begin looking for an investment vehicle that will get this for you.

For instance, if you have loftier ambitions, and want to travel 15 times a year, then you will obviously need more money than if you were just planning to relax around the home. If this is the case, and depending on when you are beginning investing for retirement, you will want to invest in a more aggressive investment vehicle (of course, this varies depending on whether you are starting at a young or older age).

Once youve found one that provides a sufficient rate of return and will continue to do so until retirement, stick your money in there, and then keep close tabs on it. Remember, nobody else is responsible for your financial state; its only you.

If you dont know enough about business investing for retirement planning to spot a good opportunity, then either learn yourself or hire a financial planner to figure this part out for you. The most important thing is that you have a plan, and stick to it. This way, you will achieve your retirement goals faster and more easily than you ever imagined possible.

For more great retirement planning investment advice, check out, and get some great retirement planning help

My Forex Discovery

My day-trading journey began after I purchased a stock trading course. I followed the course outline and traded stocks in hopes of cashing in on the roaring 90s. When the stock market corrected in 2000, I couldn't pay the continuous marginals and consequently lost all my money, approx $200K!

About 5 years later, I was ready to jump back in the game. This time trading Foreign currencies, the biggest trading market in the world. I purchased the 4XMade Easy software (with the green and red arrows) for a heft three grand. In addition I paid a monthly live feed and demo traded for over 2 years but could never predict with any degree of accuracy the direction of the market. As a result, I ended up on the wrong side of the trade at a loss.

However, I did learn that if I could only stay in a trade long enough by going with the long-term trends, I would make money. But the big problem with following the long-term trend is: you have to have a lot of money in your account to stay in the market during the often occurring reversals.

When I found out about The Freedomrocks system I finally found what I was looking for. During my 15-day free trial period I was really surprised at the simple elegance of the system. I found that it did for me everything that I could never do before. Amazingly, the system allows me to trade without a lot of money to invest, no expensive software to buy, no live-feeds, no charts to predict, no staying up all night when the foreign markets are volatile.

Hans Savitch is an Entreprenuer who teaches investors how to trade the Forex.
You can visit his website at

Gambia Property the Next Big Thing

The Gambia Africa is set to be a great place to invest in real estate and has been staring investors in the face for some years.The Gambian government is totally committed to business development and free enterprise. It has a reputation as a tranquil, secure destination with property conveyanceing and laws based on the British system., low inflation, fiscal stability and one of the lowest crime rates in the world. It seems that Gambia is ripe for investors he Gambia

The Gambia was for many years a British colony and is one of the smallest and safest countries in Africa. Gambia has been a holiday hotspot for Europeans one of the reasons for this is the fact that Gambia is on average only 6 hours away and has the addded benfit of no jet lag.

Tourism is now one of the dynamic sectors of the economy, contributing 16% of the country's GDP with a 19.2% jump in visitor figures from the previous year.

Construction is already underway and TAF Holdings one of the best known develoers in Gambia are buiding along the coast and in villages nearby. Investors searching for overseas property investments should consider off plan devbelopments in Gambia . This form of investment combined with emerging market prices could make Gambian property very profitabale. There are also a number of inhabitable existing properties that can be had for a very small investment. Construction on a few developments along the coast are almost finished with international investors snapping them up. If you are looking for a good international investment, it's hard to go wrong in Gambia.

Real estate investors know that good communications are te key to success for any region. After all those who may want to rent or buy your property need to ba able to get there easily. UK overseas property buyers are only a six-hour flight from the UK with no jet-lag,

The Gambia coast offers miles of superb golden beaches and the vibrancy of Bakau, Serrekunda and the capital, Banjul, is as colourfully African as you might imagine.

Language barriers have nver been a problem in Gambia its a fact that the average Gambian can speak up 3 languages some see this as as sign of ethinic harmony.

Construction aimed at investors is underway at the ocean-side village of Brufut in Gambia this investment real estate comes in the form of a modern housing development.

So the secrets out about Gambia an investment property market with huge potential. Investors know where their is demand their is price rises so the time to get in on the action is now .

Nicholas Marr is an observer of the overseas property markets and is also the CEO of http://www.Homesgofast.Com a leading overseas property portal. His views are based upon his experiences in international real estate and the fact that he is in regular contcat with hudreds of real estate agents from locations worldwide

Getting Started with Options Trading

If you are just getting started with options trading, you may feel a bit overwhelmed, since there is a wealth of available options and a multitude of ways to trade these same options. However, if you are determined, you can implement options trading as a successful investment strategy. You only need to realize what your ultimate goal is and what you hope to accomplish.

Since options trading can take on multiple roles in an investment portfolio, it is imperative that you have clear aim and focus before employing this particular method of investing. For example, your goal may be to protect your investment portfolio if the market takes a turn for the worst, or perhaps you have decided that you would like more income from your stocks. Whatever your goal or strategy is, it is essential to have one.

The next step, after deciding what you hope to achieve with options trading, is to begin learning about different options trading strategies so that you can implement a strategy or combination of strategies that will prove effective for your investment goals. There are a many strategies available for trading options, but the ones you implement will depend on what you hope to achieve.

After you have done your research, you are almost ready to begin trading options. Now you will need to choose a brokerage firm. The brokerage firm you choose will depend on the level of personalized service that you will require. If you are not yet quite comfortable with investing, you will do best to choose a firm that will guide you along as you master options trading. If you are pretty comfortable with your knowledge level, then you may choose to go with a discounted firm that does not offer the same level of personalization as the more expensive firms.

Before you begin trading options, you will be required by your brokerage firm to fill out and submit an options trading agreement. This form is used by the firm to ascertain your knowledge of options trading as well as your overall investment knowledge.

Your firm will approve you for a certain level of options trading based on the information you provide on the options trading agreement form. So if you are just getting started, it is probably safe to say that you will not be approved for certain strategies at first. This is because some of the strategies associated with options trading are pretty risky for an unknowledgeable person, and the firm uses this as sort of a built in protection feature, for both the client and itself.

Trading stock options can be a rewarding experience, both mentally and financially. However, in order to gain the most from your options trading experience, you must be diligent about your research and willing to continually expand your trading knowledge.

Daniel Beatty, DVM is an option trader that specializes in trading conservative strategies. He runs an informational website and blog providing details on how to trade these strategies along with reviews of the best option courses and books. To take advantage of this great information and more make sure you check out Dr. Dan's site at

Thursday, October 11, 2007

Don't Catch a Falling Knife

One of the most common mistakes made by inexperienced investors is trying to catch a falling knife. This is the phrase used to describe the habit of buying stocks that are in freefall, and is a poor strategy, albeit common among new investors. Sadly, it is a common practice even among old and experienced investors. Ive even fallen prey to it myself.

Remember, there are two primary approaches to investing: fundamental analysis and technical analysis. We generally fall into the fundamental camp, since we evaluate stocks based upon their valuations, rather than looking primarily at their short-term price movements. We take this direction because we believe this provides the greatest potential for long-term success.

A single-minded view of only the fundamentals of an investment, however, can limit an investors profits and lead to some unpleasant positions. This is because there are real limitations to buying a stock as it falls. One may purchase a stock that appears to be a great value at $10, only to see it fall to $5. Surely, if the stock rises again to $20, you may have been right to buy at $10, but one might argue that you werent right enough. Buying at 5 would have yielded a 300% return, while you settled for only 100%. Furthermore, if you were convinced that $10 is a reasonable price, you might have saved time by buying it on the way back up instead of on the way down.

It is quite simple buying a stock that is in mid-fall is not a pleasant experience, and it isnt difficult to come up with a variety of other strategies that would bring happier outcomes.

Still, we mustnt avoid all stocks which have dropped. In fact, studies have shown that investors who buy stocks which have fallen hard tend to outperform the market on a regular basis. In fact, such a bottom-fishing strategy can provide one of the best performance levels of all strategy sets. Missing out on these opportunities can be costly.

The decision then is not whether to buy fallen angels, but WHEN. This is where a tad of technical analysis skill comes in handy. While technical tools cant really tell you which stocks to buy (unless youre willing to buy any piece of junk that happens to have good price momentum), it can lead us to a better understanding of timing. Once we have selected a good investment based on fundamentals, it is time to decide when to put the money down.

A good first step is to watch for a positive movement on good volume before committing. As long as the stock is dropping, there is a good chance you may get it at a better price. Better to wait a few days (or weeks) to assure your purchase is timed appropriately. Theres no advantage to buying before the time is right, even if the choice of stock is ideal. It is here that patience is a virtue. Dont try to catch falling knives, but be sure to pick them up after they hit the floor.

By: Scott Pearson

For more information, quesitons or comments please visit our website at You can also email us at or Scott directly at

President Scott Pearson is the Chief Investment Advisor for Value View Financial as well as a writer, editor, instructor, and business leader. As editor and publisher of Investor's Value View, a nationally distributed investment newsletter, he provides general money tips and investment advice to readers, and demonstrates a special knack for locating and providing analysis for undervalued stocks. To reach Scott for questions or comments please send an email to You can also visit his website at

Trend Trading or Counter Trend Trading - Which is Best?

When I first starting designing and testing trading systems, back in the early days of personal computers and trading software, I immediately gravitated toward counter trend trading. I would put up a stochastic, before I even knew what it was measuring, and my eye went right to all the divergences. A divergence is a basic counter trend pattern, where the price makes a new high, for example, and the indicator makes a corresponding lower high, thus forming a divergence with the price. The idea is that the new price high was not confirmed by momentum, which in this case was losing strength. When this pattern is seen, it is thought the market might have put in a high for the move, and it might turn around and go in the other direction.

I liked the idea of picking tops and bottoms. I was getting really good at it, at least on paper. I thought I had found the Holy Grail of trading. It all looked so easy. Almost every new high or new low on the chart was accompanied by a very clear divergence pattern. These patterns just jumped off the charts, screaming at me. I thought I had found the key to my trading plan, and it was going to be to be able to pick the point of a trend change. In other words, I was going to become an expert at picking tops and bottoms.

Then I started trying to trade all these easy patterns with real money. For some reason, whenever I would take a trade on one of these patterns the market didn't know it was supposed to reverse. It would just keep going in the direction it had been going. I would get several divergences and the results would be the same. That is, of course, until I got so burned out trying to catch the reversal and I would give up. Then, like magic, the perfect divergence pattern would appear, but I would not be in the trade.

I would caution anyone who thinks that they can pick the spot, with any accuracy, of a top or bottom in the market. I know many gurus and market timers claim to be able to do it. It can be quite gratifying to pick the top of a market, especially when all the media and analyst are on one side of the market, and you go the other direction and win. It gives you a very brief sense of superiority. You could see something that nobody else could, and you made a profit with this knowledge. However, after engaging in this activity for any length of time, one should review the account statements to really see if this has been a profitable way to trade.

It is remarkable how the eye can pick out major highs and lows on a chart, and to see many reasons why the top or bottom was so obvious. Maybe there was a classic three drives to a high pattern, or a head and shoulders pattern, along with diverging momentum or volume. It makes picking tops and bottoms look so easy. But if you analyze the chart more carefully, youll probably find two or three times as many set-ups that fail. The mind somehow glosses over the failed set-ups and goes right to the successful patterns.

After many frustrating attempts unsuccessfully using the stochastic indicator, I decided to study with the person who developed the indicator. I flew to Chicago to study with George Lane. Here was the guy who developed the indicator that almost everyone at that time was using to spot divergence patterns, and he talked me out of trading divergences, except in rare case. He only used the stochastic as a confirmation if many other conditions of trend change were present. I still like that indicator, but I use it in an entirely different way now. The time spent studying with him probably saved me years of frustration and a lot of money avoiding losses.

When thinking about trend change there are some things to keep in mind. First, trends tend to persist; often longer than you think is logical. When trends are up they often climb that wall of worry. Worry that the market will collapse without warning and take away your profit. Worry that the fundamentals don't justify the prices being traded. Logic might dictate taking profits, but there is worry of leaving money on the table. Uptrends tend to end more leisurely, at least in the stock market. For the public, it is easier to decide to enter a market or take profits in the calm of rising prices, where only greed is the factor. In down markets, traders often panic, and margin calls with fears of losing your home are often a motivator that results in more urgency. Therefore, bottoms can form quickly and sharply. Futures markets seem to be a bit more even regarding uptrends and downtrends, due to the nature of the mix of traders involved. A sideways trending market, or a market with a perceived lack of trend, will often lull traders into complacency, and with attention elsewhere, breakouts into a trend can be missed.

To summarize, I find the best strategy is to find the main, confirmed trend, whatever indicator or method used to determine that trend. Then trade only in the direction of that confirmed trend. Trading pullbacks, such as flag patterns, will usually offer the safest entry points. Trends have smaller cycles within the larger cycle. There are usually pullbacks within the longer term trend. One can still trade turning points of these smaller cycles, as long as they are in the direction of the longer-term trend. I will accept kicking myself for the few times I see major tops or bottoms that I will most certainly miss. This is a small price to pay for missing many losing trades resulting from trying to buck the trend. There are always trends somewhere, and in some timeframe. Going against the trend is like jumping into a river flowing rapidly in one direction, and trying to swim in the opposite direction. It is difficult and exhausting to do. It's much easier to float down the river in the direction that the current wants to go. The ego is more gratified in going the opposite way. The ego is also one of the most difficult aspects of trading to overcome.

Doug Tucker has a blog with daily commentary on stock indexes, precious metals, and other markets. There are many articles on technical analysis and indicator design and interpretation. To visit go to:

Forex Trading - Mindset of The Millionaire Forex Pro's

Forex trading can be learned by anyone yet few succeed so what separates winners from losers? While a method is important, so to is the right mindset and here we will look at 3 character traits all the top traders have.

1. Success Comes From Within

Top traders do their homework and devise a trading logic and forex trading strategy they know backwards in terms of how and why it works and why it will be successful.

Contrast this with the amount of losing traders who buy an e-book from a vendor and then blame them, when the few hundred bucks they spent, didnt make them rich! what did they expect?

Other traders blame anyone they can - from the market, to their broker and squeal like babies when they lose They are forgetting that they are responsible for their destiny, no one else.

Winners accept this and rely on themselves and so must you.

2. Confidence

If you have done your homework you will have confidence in your forex trading strategy and confidence is essential, as you have to follow your method through losing periods and know in your own mind, that you can emerge from periods of losses and emerge a winner longer term.

All successful forex pros have this trait and you need it to, as it leads onto a trait that is absolutely vital to forex trading success:

3. Discipline

This trait is needed to execute a method rigidly and not deviate from it.

Keep in mind if you cant follow your method with discipline, you dont have one in the first place.

If you think it is easy, think again its tough even for seasoned pros.

Many traders have great methods but fail due to lack of discipline.

Confronting the Beast

Trading forex is hard as only you can be wrong (its always right) it will make you look stupid (it does this to all traders) and it moves where and when it wants and there is nothing you can do about it!

However you can win you just need to obey its rules.

You are like a ships captain on the ocean. You need to obey its law and understand everything about it to travel on it safely.

For this you need to have knowledge, confidence in your ability and the discipline, to plot the right course If you can do this - just like the ocean has unlimited riches so does the forex market.

If you respect it and confront it with the right mindset you can win if you dont you will drown its as simple as that.


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

Shock Secrets of Successful HYIP Investment - Do You Use It?

What is your goal? To earn money quickly, get additional income without work. HYIP market can realizes your dreams or makes you bankrupt. Where is limit? Listen to me and you will know how to be rich.

As successful HYIP investor you should know golden rules of sure investing. These rules are very significant and I want you to know them at your finger tips before you actually start your investing way.

Think Long-Term: Never ever think or plan to get rich within a short period of time. It is not reality. Usually good HYIP will never pay quite your principal and interest in less than 6 months.

Do not Quit: Winners do not quit and quitters do not win. It is a law of our life. The next step you take could be the winning step but if you quit, you'll never know how much you are loosing. Just keep investing and learning better ways to better your situation in life.

Be Prepared to Loose: In everything you do in life there are always times when losses occur. Life is all about ups and downs. Use losses or failures as a stepping stone towards greater success and also as an experience to make better investment plans, ameliorate on your strategies.

Diversify: Never put all your eggs into one basket. This is very important rule in HYIP investing. Invest in more than 5-7 programs to create multiple streams of investment income for yourself.

Research and research again: Always conduct your own research too. Always keep your ears on the ground, join HYIP forums, read the FAQs and Terms, read emails sent by the programs you join, check monitoring sites as and write their support if there are issues you are not clear on in their terms or FAQs. Ping their domain to define their IP addresses and use an IP search tool or software to determine their location. Do not forget to do a whois search to define if what the programs say in their About Us is the same as it is in the search. When you get this information, compare it with what they say about themselves. Also, NEVER sign up a program that is hosted on a free hosting service or sites that use the same scripts. Never reply to any email asking for a confirmation of your username and password.

Protect yourself, your e-currency account(s) and your investments: This is another very important point to note. Avoid using your real names when dealing with programs you are not sure of except when it has to do with receiving your money via wire-transfer where you have to give your full details to the program to enable transfer of funds to your account. Also use different passwords for your e-currency accounts, your email address(es) and your investment programs. This will prevent fraudulent programs from trying to use the same password you used to join them to open your e-currency account(s). NOTE: If you are using e-gold, make sure you apply the security features as explained by e-gold to protect your account.

Avoid Greed: Do not let the human factor of greed take over your investment decisions. The scammers use the human factor of greed to lure you into investing your money with them. From my personal experience, I lost a lot of money due to the fact that I allowed the emotion of greed to do my investing for me. Scammers offer very high and unrealistic interest rates within a very short time. When this happens, you will know immediately that this will not last but the emotion of greed will always tell you to give it a try and this is where your downfall and failures will begin. These scammers might pay you the first time just to encourage you to invest more and when you do, they disappear.

Please take note of these important rules above and you will enjoy investing in HYIP investment programs.

David Vagner knows shocking secrets how to make money with HYIPs. He will show you magnificent strategies which increase your profit. To know them read his FREE HYIP report here HYIP lessons or visit

Knowing When to Sell Your Stock

Knowing when to sell your stock is not as easy as deciding when to buy stock. One of the first questions that you should ask yourself when considering selling your stock is, can the money that I have invested in the stock be more valuable somewhere else? To evaluate whether the answer to this question is yes or no you will need to decide where else the money may be used. For example, you may have credit card debt that is draining your monthly budget. To evaluate if your invested money would serve you better by paying off your credit card debt you will first need to determine how likely it is that your stock will increase in value. If your stock is projected to increase dramatically in the next year then you may want to keep your money in the stock market. However, if the stock is not moving, or if it has been slowly losing ground, then selling the stock to pay off your high interest credit cards is probably a good option.

While most investors will base their decisions to sell their stocks on its performance or on a need to liquefy their assets, others base their decisions to sell on factors that are unique to the type of investors that they are. Day traders, for example, are more willing to sell their stock with small moves in the value of the stock then short term or long term investors are. If you dont know when you should sell your stock you should consult with your investment professional.

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The Top Currency Trading (Forex) Tips and Advice

Currency trading as a simple definition is the buying and selling of foreign currencies, exchanging one for another at a profit (or loss). The purpose of the sale and purchase is to make profits. But to benefit from profits you need to be informed and fully aware of when, where, and how a market movement will occur. The most successful traders are aware of all things that may effect one currencies price against another.

If you are serious about making money from Forex trading then you need to take on board many of the currency trading tips the experts can offer. You can learn to understand about market trends and its movement. You can learn about the meaning of trends moving up or down or sideways.

Furthermore, you can, and in fact should, learn what the trends within trends are, such as short term or long term or intermediate term trends. If you take on board the many hints and tips of Forex trading then you will be on the path to be a profitable foreign exchange trader.

Currency trading never sleeps and expects you to be on your toes all the time. The market is open for trading 24 hours a day, 7 days a week thanks to overlapping world timezones. Most brokers offer trading without taking any commission since they earn money from the spread they offer, however, you must ensure that there are no delays in execution of your orders.

Perhaps the biggest currency trading tip for the new trader is to start off small. Big money can both be won and lost in Forex so if you are a newbie then start with one of the free demo accounts that most brokers now offer. A Forex demo account allows you to practice in a real market scenario without the fear of losing any money. This helps you to get an idea about charts and quotes and streaming news. It is a good learning ground.

A free demo account is also a great way to learn how to use a brokers software and to get an idea of whether that broker is right for you. If you are not comfortable with it, tell the company, perhaps they can do something about it, perhaps they cant but if you dont ask you dont get! Afterall, if it doesn't suit you, find another broker.

Another tip for you to consider when choosing a Forex broker is whether to go for one that offers a client based or a web based software. Web based software is installed on the computer of the broker and you recieve a unique id and password with which you can operate your account from any computer with an internet connection. The advantage lies in the fact you can use any PC to access the software but the downside is that you are relying on a good connection to the brokers software.

On the other hand, client based software has to be downloaded and then installed on your own system and as such couldnt be used from any other system. The advantage here is that providing your own PC works you have everything set up ready to go at the click of a button, the disadvantage is that you cannot trade from any PCs that do not have the software installed.

There is one more currency trading tip about brokers. Check out their customer service, sometimes you might need a quick reply to a problem or question and the speed of their response could make or break a trade. If you find that the broker is not very prompt in replying to your queries then you should think very carefully before starting to trade with their software.

Another currency trading tip would be to have a fast internet connection. A slow dial-up modem could make trading almost impossible, in this day and age broadband is available pretty cheap so if possible ensure you have broadband installed before starting your trading career.

Give time to research online brokers. Taking advice from friends, acquaintances, and respectable websites that are in the same field would also be a good idea. After all it is your money and you should be careful about it.

For independent advice on choosing the right Forex broker please visit Forex Broker Reviews. If you are still undecided about trading Forex online then you can visit Forex Trading Resources for more information and advice.

The Psychology Of Market Timing

The biggest enemy, when market timing the stock market via mutual funds, ETF's, even individual stocks (or in any trading for that matter), is within ourselves. Success is possible only when we learn to control our emotions.

Edwin Lefevre's "Reminiscences of a Stock Operator" (1923) offers advice that still applies today:

Caution Excitement (and fear of missing an opportunity) often persuades us to enter the market before it is safe to do so. After a down trend a number of rallies may fail before one eventually carries through. Likewise, the emotional high of a profitable trade may blind us to signs that the trend is reversing.

It is important to follow a tried and true timing strategy that puts you in the right position for established trends, and also gets you out of failed trends quickly to protect capital. Excitement results in losses more often than not.

Patience Wait for the right market conditions. There are times when it is wise to stay out of the market and observe from the sidelines.

Depending on your emotional ability to handle extreme volatility, that patience may result in a cash position or in bearish positions, which will trade that volatility. Do not underestimate the value of being in cash!

Conviction Have the courage of your convictions: Take steps to protect your profits when you see that a trend is weakening, but sit tight and don't let fear of losing part of your profit cloud your judgment.

When trading a timing strategy, do NOT abandon the strategy. Emotions are the most common reason for abandoning a strategy and when emotions rule your decisions, they WILL result in losses.

Detachment Concentrate on the (trading plan) rather than on the money. If your trades are technically correct, the profits will follow.

Many traders have had the experience of being profitable on paper, but losing money when they execute the trades real time. If the trading strategy is not followed absolutely, it will fail. Again, emotions dictate losses.

Stay emotionally detached from the market. Avoid getting caught up in the short-term excitement. Screen watching is a tell-tale sign: if you continually check prices or stare at charts for hours it is a sign that you are unsure of your strategy and are likely to suffer losses.

Focus on the longer time frames and do not try to catch every short-term fluctuation. The most profitable trades are in catching the large trends.

Subscribers to Fibtimer know our position on this. We are trend traders pure and simple and our strategies identify and trade trends. If a trend fails our strategies quickly exit.

Expect the unexpected Investing involves dealing with probabilities not certainties. No one can predict the market correctly every time. Avoid gamblers logic.

Many consider market timing as a fool's attempt to forecast the market. We agree with the their logic when the word "forecast" is used. NO ONE can accurately forecast (predict) the future direction of the stock market over and over. At Fibtimer we are trend traders. We do NOT forecast. We identify trends and when they are confirmed we trade them. Trend trading is ALWAYS a winner over time.

Limit your losses Use stop losses to protect your funds. When the stop loss is triggered, act immediately - don't hesitate.

The use of strict money management is the key to limiting losses. Fibtimer's strategies never allow losses to accumulate. When the strategy says sell, we do so without emotion.

The biggest mistake you can make is to hold on to losing positions, hoping for a recovery. Falling stocks have a habit of declining way below what you expected them to. Eventually you are forced to sell, decimating your capital. Human nature being what it is, most traders and investors ignore these rules when they first start out.

It can be an expensive lesson.

Control your emotions and avoid being swept along with the crowd. Make consistent decisions based on sound timing strategy and you will be profitable. Do not expect overnight profits. The stock market is where the profits are, but it is not a grocery store. You do not pick the profits off the shelves.

Profits will come if you follow the plan without deviation and do not make emotional decisions to jump ship based on news events, short term losing trades, or especially because the market is rallying today and you are in cash or bearish.

The strategy will win out over time. It will get you out of losing trades and keep you in the long-term profitable trends. Stay the course and win.

How Psychology Can Influence Your Investment Judgment

Studies have shown that human have shown patterns of irrationality, inconsistency and incompetence when arriving at decisions and choices when they are faced with uncertainty.

This field is better known as behavioral finance. This field explains how emotions influence investors and the markets. This explains why prices can go much lower or higher than the actual value when the companies faced with temporary setbacks or business opportunities. This also explains why there are market bubbles and crashes.

This is when value investing comes into picture. Warren Buffett believes in finding out the intrinsic value of a stock and buys large amount of it when the price falls below the actual value of the stock.

When a stock falls, most investors would not cut loses and withdraw his/her stocks. Instead, to avoid the pain and regret of making a bad investment, they might hold on to the stock until the stocks fall even lower until it worths nothing. An investor tends to follow the market crowd. When he sees that a lot of investors are dumping their stock in the market, they will start to fear and ignore their own judgment and start following the crowd. This could cause the stock to fall rock bottom. However, it is the value investors who profit from this who knows whether this is a permanent or temporary setback to the company stocks and whether prices will increase again.

Warren Buffett once said this Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQOnce you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.

Some common mental mistakes made by others 1.Believing in the majority's judgment than their own 2.Tendency to follow the crowd, believing that majority of the people cant be wrong

Some killer tips on how you can use behavioral finance to your advantage
1.Prepare a checklist and set up a system on the criteria that a company should meet before you decide to buy or sell.(e.g. How is the management? Any changes in the management? Is it a good business ?
2.Do not buy a company stock which you do not know about
3.Seek out your opinion with someone (not too many). Make sure that you are able to support your judgement on why you should buy or sell a particular stock. If you are not able to answer, then maybe this is not a good stock to invest in.
4.Keep an open mind about stock prices
5.Learn from your mistakes and do not be obsess. Always have an entry and exit strategy. When your stock shows signs that you should exit, exit immediately and cut your losses. Learn from your mistakes and move on.

Stock Market Trader

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Wednesday, October 10, 2007

Financing A Must For Growth

Financing means getting financial support from financial institutions. A start up company or a company, which has been in existence, requires on going finance. Some companies to run the day-to-day operations require financial support. Some companies also require financing to expand their services and create more branches and develop.

The rate of interest for financing is pretty high and financing institutions like banks provide loans to the business owners. The borrowed money and interest amount are repaid in installments. While financing you should be very careful as the amount borrowed and the amount you will repay will not be the same, as you need to pay along with the interest rate, which could be 15% 20%. Suppose, you go for a loan for 100,000 dollars, then the amount repayable would be 125,000, but the best part is you can repay in installments over a period of time.

While financing you need to check the interest rates, monthly repayable amount, finance terms and the repayment term. You should first evaluate the amount of money required for financing and also look at returns that would be generated from the investment. You should also calculate and find in how many years the investment would generate profits for the company. The loan amount should be adequate and it should help in growth.

The banks or financial institutions, which provide financing facilities, get the financed amount back in installments including the interest rates. The banks or financial institutions make profits and they normally finance with some fixed assets as collateral. A collateral is a guarantee that the person would repay the borrowed amount and in case if the person does not repay the borrowed amount on time, then the lenders have the right to sell the collateral.

For small business owners, the government provides financing schemes, which helps in promoting, small and medium sized businesses. The small and medium sized businesses also get loans from U.S. Small Business Administration (SBA) and the financing schemes are easy and flexible. In fact it is easier to get a loan from U.S. Small Business Administration schemes than getting a loan from banks and other financial institutions. If you apply for Small Business Loan program then the SBA would stand as security for the borrower.

One other financing option is equity financing from family, employees etc who will be provided with shares of the company in exchange for money. A company can also consider financing in the form of venture capital. The venture capitalist invests in the company and takes a risk if they feel the company would grow and provide adequate returns. Financing through venture capitalists is a difficult task and there are many strict guidelines to be followed by the management and proper accounting procedures have to be followed. Venture capitalists would also be part of the management and while taking decisions their role has to be kept in mind.

Getting a venture capitalist for financing your projects would be a very difficult task as they only finance where they can see tremendous growth opportunities and returns. There are many financing options through which you can develop your company. It is left up to the businessperson to choose the right finance option.

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Shop for a Living! Earn Your Degree in Fashion and Retail Management Online

The American fashion trades represent an industry with more than $200 billion in annual sales, and the trend is expected to continue as men's and women's apparel and accessories continue to sell as fast as new innovations are promoted. The NPD Group, a market research firm, reports that jeans sales for both men and women are off the hook. If you want to join the ranks of fashion and retail management professionals who keep the trends moving, this is a great time to advance your career.

From Researching Trends to Organizing Fashion Campaigns

Fashion and retail management pros work all along the chain of apparel sales, from measuring sales and documenting trends, to assisting in fashion line development, creating fashion campaigns, and organizing sales teams in large department store chains as well as small but profitable boutiques.

Merchandising and Marketing

Promotions managers typically have studied merchandising or marketing at accredited colleges and universities, or have taken online courses to learn the latest digital and print promotion retail avenues. A fashion retail management degree program can teach you how to create internet sales campaigns, direct mail, print promotions, television or radio ads, and how to negotiate retailing strategies with manufacturers, dealers, and distributors.

Team Management

You can learn how to manage a team of fashion sales reps, assigning quotas, territories, and customer relationships. No matter where you currently are in your fashion career, online certificate, associate, bachelor and master's degree programs can enhance your education and help advance your career. You'll learn how to forecast trends, take stock of your inventory, and create business plans that turn fabrics into profits.

Online Degree Opportunities

If youre ready to pursue an opportunity in the field of fashion and retail management, you can begin today with a convenient online program from an accredited college or university to help you get on your way.

Whether youre ready to earn your first degree or advance your education, accredited online colleges and universities offer programs online to help you reach your design career goals. Intended for those ready to improve their opportunities or change careers completely, the convenience of online learning can help you succeed.

Nancy Lambert is an executive for From online certificates to Associates, Bachelors, Masters and PhD degrees, provides information on hundreds of degrees offered online through accredited colleges and universities and helps students and adults discover the advantages of earning their degree online. Earn or advance your Fashion and Retail Management degree online today!

Tuesday, October 9, 2007

Building Wealth Gann Made $50 Million Here's How

W D Gann was one of the most famous investors of all time and a portrait hangs of him in the New York Stock Exchange in recognition of his achievements.

This article is all about how to build wealth and how to do it quickly.

Lets look at Ganns methods and how you can use his tools to make yourself some big profits to.

Ganns Methods

Ganns methods were all based upon the theory that market action repeats itself.

As humans our psychology is constant and as we are ones who create market prices this psychology repeats itself again and again in price action.

Gann used technical analysis to make his trades and when he traded at the turn of the century he employed a team of draughtsman to construct the charts.

Today, traders can simply use computer programs to do the work and there are many good ones about and plenty of Ganns courses, so you can learn the basics and apply them easily.

There are also money managers who use Ganns methods to trade and many have outstanding track records of success with 30% annualised gains and more. If you dont want to trade yourself then this option is open to you.

Trade to build wealth

In fact, you can do all your trades in under an hour a day, from the comfort of your own home. All you need is a computer and an internet connection and you are all set to build some serious wealth.

To trade Ganns methods you need to confidence in them. As with all trading methods you will have losses and it is essential to have the discipline to stick with the system even during periods of losses.

Trading success is based around the following equation:

Trading method + Applied with discipline = Financial success

This may sound obvious, but 90% of investors cant get the second part of the equation right. They cant trade with discipline. They let their emotions dictate their trading moves and end up losing.

Gann removed this emotional component by only doing what his charts told him.

When the majority thought share prices would go on forever in 1929, Gann got ready for the crash! And you guessed it he made a killing in the markets.

Stand Alone from the crowd

Gann was an individual he didnt care what people thought of his methods and he didnt care what people thought of his trades. He simply concentrated on building wealth $50 million dollars of wealth.

Gann can give you the methods and the tools, but only its up to you to use them to build wealth. Gann traded in isolation and you must to.

If you can apply the methods he created with discipline the path is open to you to.

You Have An Advantage Gann Didnt

You have computers where even computers with low specs contain more power than the computers that put man on the moon! We also have the greatest technological innovation ever: The Internet.

These tools can help you build wealth in under an hour a day. Take a look at Ganns methods and you will see a route that could lead you to financial success to.

FREE Gann information on how to build wealth with Gann's trading methods from a company applying Gann's tehcncial trading tools for over 25 years with outstanding success visit: