Forex For Geeks

There are a number of reasons why people who are computer literate are more likely to invest in the forex market than others. Of course, that doesn't mean that fx financial products are not offered to a plethora of clients, and many who do not even have computers will invest in FX. However, the foreign exchange markets provide opportunities not available in other markets. For example:

Investment size is irrelevant - You can invest $500 or $500 million in currency trading. Of course, the size of your account may determine the psychology of your trading strategy, but there is no reason to treat small accounts different than large accounts.

Open Source Community - Forex is more open than other markets, utilizing the fix protocal for example, or the Meta Trader platform, traders can develop their strategy without spending any money, which can be saved for their trading account. There are many open source communities of other traders and systems developers that share code, ideas, tools, and much more, through online portals like Money Tec and Strategy Builder FX.

Automated Trading - Anyone in computers at least appreciates automation. So many tasks in today's world are automated we take them for granted. Your investment accounts should also be automated. Why rely on human traders that can be

Online Business - The entire business process from account opening to trade and withdrawal, is totally online. Of course brokers and businesses have physical offices in major trading areas like New York and Chicago, but that is not a requirement. You have no real advantage being across the street from the CBOT or NYSE because there isn't any FX exchange. Also it would be quite silly to strategically place your offices near your counterparties, which are large banks - because they are spread out all over the world. And even considering that point, those banks probably don't even house their servers in their main offices they are probably remote. As the FX market itself is decentralized from a trading point of view, it is technically as well, allowing participants of any sort to be anywhere, that has a stable internet connection.

Develop your own automated system - You can start from scratch, making your own FX Strategy, and test it before using live money. Or, build on the ideas of others, tweaking settings and rules to suit your needs. It can be fun, too!

Custom tailored trading - There are very few limitations to how you can run your strategy. This makes it possible to create complex money management and trading strategies. Also, fx is traded in pairs, such as EUR/USD and EUR/CHF making calculations more dynamic (whereas most other instruments are traded against local dollars. For example if you purchase shares in Microsoft MSFT, you pay in USD.)

Ultimate software business - Think about this: Most software companies write software and then sell it. They are relying on marketing efforts more than the quality of their software, to bring in results to the bottom line. If you develop a forex trading strategy or standalone software, you are actually writing software that makes money! What better bang-for-the-buck can you have than writing a money making software?

The human element - Many people think that robotics and automation is somehow inhuman, whereas the reality is quite the opposite. Remember also, that it is humans who will be writing the software. Humans will be maintaining the servers, and many other tasks associated with automatic trading. It is not a printing press by any means, and does not absolve human traders from doing their work. More than anything, robotic trading takes out the tedious process of picking perfect entry and exit points, streamlines backtesting and analysis, and simplifies the process of portfolio building. It frees up traders time to work with clients, and don't forget it takes a lot of work to make a strategy that consistently profits.

Room for more - We saw the .com bombs of the late 90's, the day trading fad that fizzled out around 2001, and other tech start up failures. We have seen the success of Amazon and Yahoo, which really are not all that revolutionary. Although it is convenient to shop at Amazon, didn't we have mail order catalogs in the 80's? We have not seen much development in the investment and trading industry, which could be a very profitable business to be in. Of course, it's impossible to convince any industrialist of the potential for profit, but many programmers have taken up forex strategy development as a part time hobby and have made many strategies that are successful. There is room for more participants in the fx market, and they do not compete. If someone makes a strategy that is better than mine, I am a likely investor in that strategy. There isn't the kind of competiiton that exists in traditional I.T. business.

A little background

Foreign Exchange trading is the trading of foreign currency from one to another, for example exchanging Euros into New Zealand Dollars. The exchange rates float, and you can exchange at one rate, wait for a change, sell at another, and have a profit or loss. This is organized by large banks, and a growing number of retail and individual traders. At the center of retail fx business are brokers who offer access to the interbank market through a number of methods and software platforms.

The forex market is decentralized, in that you have each counterparty clearing it's own trade rathar than an exchange who counterparties clear through. Brokerage firms, such as FXCM, Velocity4x, GFT, Gain Capital, and others, offer retail access to the forex markets. You can open an account with CMS Forex for as little as $200 USD! An account is either self-directed, where you do the trading, or managed, where you sign a Limited Power of Attorney to authorize another individual or company to manage your account. In a managed account situation, the trader can charge you a commission of varying structure but the account remains in your name so he cannot withdraw the funds.

To read more about fx or the forex markets, please visit EES website: ees.net.nz

More about the forex market.

Elite E Services is an electronic boutique brokerage offering investment accounts and technology solutions for fx traders. Some of our products:

elitefxsystems.com EliteFXSystems.com offers foreign exchange trading systems. Our systems involve automated signal trading using a variety of signal generation platforms.

currencytradingcharts.com A professional forex charting software with Signal plugins. For fx traders and systems developers, the Elite FX eGraph platform is perfect for those who want to develop their own signal system, for traders who want to plugin their own signal system (EES can code it for you), or for clients who want signals to be executed locally and see signals on the charts instead of the email option most providers offer.

eesfx.com EES FX is an elite fx traders portal, featuring: Trading Strategies, Trading eBooks and Tutorials, Alert files to plugin to your charts, MetaTrader Expert Advisors

Currency Trading Tutorials-How To Choose The Right One For You!

If you are searching for the perfect currency trading tutorial for you, then you are definitely looking to learn how to trade on the foreign exchange market. I know, just the thought of being able to trade on the forex market, might get you money hungry, after all the foreign exchange market is the world's largest financial sector, which on any day may involve transactions of up to $1.8 trillion or even more. Yes, you read right, that is per day, every single day.

What exactly is currency trading? In simple terms, currency trading can be described as the trading that involves the purchase and sale of large quantities of foreign currency to leverage the shifts in relative value between the different currencies into profit. With this in mind, it can be argued that currency trading provides more opportunities and returns, which are almost impossible in all other low leverage markets, like the stock markets.

Currency trading is more commonly referred to as foreign currency trading, in short Forex trading. With the emergence of many internet brokers, it has now become easier for ordinary people to trade in currency. The funny thing is, what seems like a new way of trading for you and me has been around for ages, banks, governments, and large corporations have been exploiting this market for decades and decades.

Although, currency trading is very attractive to many individuals because of the possibilities of high returns in a short period, there tends to be a lot of risk involved with this type of trading, so it is very important that you understand what you are doing before, jumping in head first. Your success therefore solely depends on the quality of your choice of currency trading tutorials. Be very careful and picky when choosing your learning materials.

Whatever you do, make sure you really know what you are doing before you invest any of your hard earned money. If you are not too sure, don't take any chances, get yourself a dummy currency trading account so you can practice, without risking losing your money.

When looking for a good currency trading tutorial, try to select one that exposes you practically to the actual currency trading environment, or at least something close or similar to it. At the same time your course should also teach you and help you develop your own forex trading theories and ideas.

You can get more information on forex trading and currency trading tutorials on my blog. You have quite a number of choices, my blog is updated regularly.

Managed Forex Account Verses Inline Trader Trading Pools

In the information that follows I will introduce you to a unique Managed Forex Trading Account alternative and some of the benefits you may realize by investigating it further. Unless you have been living under a rock over the past few years you have seen countless numbers of programs, seminars, courses, ebooks and television commercials touting the benefits of learning how to trade the Foreign Exchange Currency Market a.k.a "Forex". In the midst of the propaganda there seems to be a realistic ability for those who invest the time to learn sound strategies and techniques to generate consistent profits through this vehicle. Where a problem arises is through the abundance of ads, promotions and marketing messages that attempt to convince consumers that there is some secret Forex Trading Software or little known Forex Trading System that will make profiting rom the Forex Market a simple task.

The reality is that prior to April 26th 2007 the only viable option for "easy Forex Profits" was through a Managed Forex Trading account. This is where a person who has no interest in learning how to become a prolific trader simply deposits funds into a Forex Trading Account and signs a Limited Power Of Attorney giving the rights to make decisions on what trades will be placed on his account to a seasoned Forex Trader. The benefits of this type of arrangement seem very obvious, the investor can simply spend their time as they choose, the trader gets access to more funds to trade with and the trader receives a management fee of somewhere between 20-35% of the profits in most cases. Here are a few of the drawbacks.

A) The trader, although only being compensated when he makes a profit, does not lose anything when he loses the investors money on a trade or series of trades. He can actually "experiment" with new trading strategies etc. if he chose to with no repercussions because he is not using his own money to trade with!

B) Generally the minimum amount it costs to get involved with a Maged Forex Trading Account is $50,000.00. This alone prohibits access to this option from smaller investors.

C) You generally never know what your returns may be, you could make x amount of profit one month, lose money the next month or more and have great months sprinkled in.

Now lets look at what happened on April 26th 2007 that changed the rules and now offers what I feel is a more viable option to a Managed Forex trading Account. On April 26th 2007 an innovative company launched it's brand and consumer awareness campaign worldwide! This pioneer is Inline Trader led by President and co-founder Kenneth Nielsen. The company's vision is, according to Nielsen, to become the largest Forex Education & Training Community in the world! Here is what makes them unique. A member has two options with Inline Trader the first is to learn the proven techniques and strategies as outlined in the Inline Trader Resource Guide to become a seasoned Forex Trader where you keep 100% of the profits you make from your own efforts. The second option is to benefit from the expertise of seasoned Forex Traders by simply depositing funds in one of three company trading pools. These trading pools are a viable alternative to Managed Forex Trading Accounts for the following reasons.

A) You can invest as little as $500 into a pool as opposed to the general minimum of $50k with a Managed Forex Trading Account.

B) There is NO management fee charged to your account by the traders so you keep 100 % of the profits they make you!

C) Unlike Managed Forex where your profits can fluctuate or actually be on existent since your account can be subject to losses with the Inline Trader Pools you get a fixed return on investment even if the traders happen to take a loss for that month! You will always know what to expect from your investments with the Inline Trader program.

D) And this is my favorite. If you choose to share Inline Trader with others you can actually receive a bonus commission a share in the profits made on behalf of those you refer every time they generate a profit from the trading pools forever!

I think the choice is clear. The Inline Trader Trading Pool is most certainly a viable alternative to a Managed Forex Trading Account. To find out more information about Inline Trader please visit

http://www.automaticforextrading.com

Owen Brown All rights reserved. You may freely distribute this article provided that the copyright and this resource box must be included.

Owen Brown is a Residual Income Specialist, leader of the fastest growing team of Inline Trader Members and the Managing Director of Elements To Wealth Dot Com He has trained a number of entrepreneurs on Forex Trading Strategies and is an avid researcher of Passive Residual Income Opportunities. Owen has the rare ability to present complex information at a level that is easy to understand.

Let's Get Started In Forex Trading

Without a doubt, Forex is gaining its popularity fast against other kind of trading. No limited market access, no liquidity issues-after market hours, zero commission fees, low capital requirements with high leverage rates, and no restrictions on short selling -- Forex can be very beneficial to a variety of people.

Before you get started, it is wise to plan well. If you fail to plan, you plan to fail. A trading plan is especially crucial in Forex trading to stay 'in-control' against the emotional stress in speculative situation. Often, your emotions will blind and lead you to the negative sides: greed causes you to over-ride on a win while fear causes you to cut short in your profits. Hence, a well organized operation has to be predetermined and strictly followed.

If you are very new to Forex trading, we suggest steps as below:

1. Learn how to trade Forex.

Like any other trading business, if you are new to it, best advice you can get is to learn and practice more before you test your 'wings'. Seminars, eBooks, Internet, papers, video courses - all these are helpful to raise your confidence level before you trade with your real hard-earn dollars.

To have some feelings on the reality, beginner traders should start with demo account and paper trade Forex. Treat demo account's play money as real money and trade with cautions. Some traders never take their demo account money seriously. In return, they became ignorance in studying the numbers and do not take win/loss seriously. This may turn into a very bad habit which then caused bad effects on one's trading skills.

2. Selecting a Forex broker.

There are many Forex brokers to choose from, just as in any other market. When you are browsing for Forex, ask questions below:

Does the FX broker offer low spread value? Is the FX broker registered with related authorizations such as FCM? What kind of tools does the FX broker provides? What kind of margin options are there? Does the FX broker provides live customer supports? Does the FX broker offers demo account for beginner traders?

If you do not have sufficient capital, check whether the FX broker offers mini account that requires low startup funds.

Getting a good and reliable Forex brokers is very crucial. In fact they may be the one who affect your winning or losing. Besides being honest in every transaction with you, a good dealer should also provide professional advice, appropriate trading system, as well as related education. All these are useful in maintaining your risk which then secures your win in Forex trading.

3. Avoid Forex trader's common mistakes.

Avoid trading with your emotions, avoid over trading your account, avoid over-staying at your positions, avoid bad money management, avoid risking what you cannot afford in Forex trading, avoid a margin call ...Forex trading involved a lot of risks and there are lots of mistakes that small investors like you and me cannot afford to make.

One of the key mistakes among Forex traders is overleveraging.

Leverage is the key for profiting in Forex. Forex dealers often allow their clients to trade with high margin. Margin trading refers to the leverage amount given to the traders to make purchase in the FOREX market. Typical FOREX margins can go up to 100 to 1 or even 200 to 1 where traders are given the power to buy 100 to 200 times more than what they can afford. With high leverage rates in Forex market, traders often find themselves controlling a big sum of money with a little cash put on the table.

Yes, margin trading might sounds attractive as 1,000 cash in a 200 to 1 margin rates account will have the power of purchasing currency worth $200,000. It magnifies the ROI of the trades with less money outlay on the table. But, as most experts say, leverage is a two way street. The brokers want you to use high leverage because that means more spread income because your position size determines the amount of spread income; the bigger the position the more spread income the broker earns. Not to forget the market does not always go in the direction you want, leveraging can magnifies your ROI in your Forex trade but it as well can turn your losses big.

With the explanation given to the general issues of Forex trading, I hope that you get what you want to read about Forex trading. The return of FOREX trading can be very lucrative but the risk lie beneath is equally great. Invest smartly, and I wish you all the best in the trading world.

Teddy, experienced writter and webmaster. Check out his new work and get basic Forex education at http://www.golearnforex.net

Use of Stop and Reverse (SAR) in the Forex Markets

Stops and reverses are important. Think of it like this. Why do you use stops? Because your prediction or analysis of the markets suggest that the stop area is the price in the markets from where the market can turn. If this is not the reason than why does one use stops? With this analysis of the forex markets or any other form of markets rises another question. Should we use reverses. The only question you will ask at this point is what if the second stop is hit and the result is two trades in a loss? I have often been asked this question and my answer is that if you are too scared to take the losses in trading than you should not trade. Taking profits and not the losses is like breathing in and not breathing out. The whole process of respiration has to be completed. Think of the reverse as a new trade.

The important thing I want to emphasis on again is money management. Two trades with low risk will not hurt you as much as one big loss. Keep the losses small and risk only 1-2% of your account in any given trade. The strategies I give my clients are low risk opportunities so that they can keep their losses low. So reverse your direction with the stop only where it is advised and keep the risk to absolute low. There is no such thing as no risk in the markets. We always look at the risk and reward ratio and positive expectancy.

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 providing forex stop and reverse strategies and forecasts in the major currency pairs EURUSD,GBPUSD,USDJPY and USDCHF along with money management techniques. At http://www.forexforecasting.com you will find informative articles, newsletters and other tools which will help transform your Forex Trading.

Trading Small Stocks - Things to Consider

Historically smaller stocks outperform larger stocks. However, at the same time many more smaller stocks have fallen by the wayside than the larger more established stocks. As a reference point, a small stock is considered any stock with a market cap under 1 billion while a larger stock is a stock with a market cap over 5 billion. A company's market cap is (current stock price x current shares outstanding).

Investing in small cap stocks is a way to increase your investment return, but you should keep a few important factors in mind. One of the most important things to consider is liquidity. Many small companies do not trade very many shares each day. The drawback of this is that the stock will likely be very volatile and have a large bid-ask spread (the difference between what you can buy the stock for and what you can sell the stock for). Even if the stock is a great company it may be difficult to buy and sell shares without moving the stock price up or down against you. My rule of thumb is to look for stocks that are averaging at least 100,000 shares being traded each day.

Another factor to consider when buying a small stock is the risk of dilution. Dilution is when a company issues more shares to obtain cash for growth and operations. If done properly, issuing new shares can help a company's growth and profitability. However, if shares are issued unnecessarily or too quickly it can literally cut profits in half. Let me give you an example: A company has 20 million shares outstanding and it is earning 20 million dollars a year. The earnings per share of this company is $1.00 per share ($20,000,000 / 20,000,000 shares). Ok, but the company is planning a big expansion and it now needs to issue 20 million more shares. The earnings per share is now $.50 per share ($20,000,000 / 40,000,000 shares). After issuing the new shares, the company has to double its profits just to get back to $1.00 per share earnings.

The third thing to watch for when trading small stocks is inside ownership. Inside owners are people that work for the company that also own stock in the company. If key people that work at a company do not have a lot of shares in the company, find out why. When a company's key employees have a significant amount of shares in the company they are likely confident in the future growth of the company. In addition, it is in their best interests to help the company succeed. Keep an eye out for any insiders that sell a large portion of their shares. This can often be a very negative sign.

Finally, when investing in small companies make sure they are reporting financial statements in a timely matter, if they are reporting them at all. Don't rely solely on news releases to find out about a company. If financial statements are not available it is easier for people to create news to manipulate a stock's price. This is especially true of very low priced stocks as it is much easier to accumulate a lot of shares. Personally, I will not invest in a company that does not provide access to financial statements. While there may be other factors to consider, following these 4 suggestions when buying small cap stocks will greatly increase your chances of success.

Learn more about investing at http://www.1stock1.com, a free investment website. Alan Reisch has a degree in finance and has spent many years working with investments, both personally and profesionally.

Using a Real Estate Agent in Bangkok

Should you trust Real Estate Agents in Bangkok? Well, as a real estate agent myself of course I will say yes. I have yet to meet a real estate agent in Bangkok who I wouldnt trust if I were a customer. Of course, as a competing agent, the majority I wouldnt trust. Unfortunately, those who I have had bad experience with have all been Thai, who more often than not want to cut the other party out. However, I have co-brokered very successfully with a number of foreign run agencies in Bangkok.

Having good work ethics within the real estate broker group will ultimately be profitable. All brokers in Bangkok deal with the whole of Bangkok, not a specific area, so we are all treading on each others feet. However, with such a broad area to cover, there are of course thousands of properties for sale or rent. Having co-brokered successfully with a small number of my competing estate agents, I can confidently ask for their assistance if I dont have the specific property that my customer is looking for.

Buying a property in Bangkok is, unlike most other things, very easy. The actual transfer of title deed takes just a few hours. The title deed itself will show if there is any mortgage or other loan on the property, as details of these must be written into the deed. Hence, it is not difficult to check the owners right to sell. Most people dont even employ a solicitor, although it doesnt cost much in Thailand and so you might as well for peace of mind. In fact, you could see a condo that you like on Monday morning, and own it by the close of business the same day.

If you have experienced difficultly with an estate agent in Bangkok, please let me know, I would be interested to see where the problems lie.

You can email me on idealhomes@email.com or look on our website, http://www.property-bangkok.com.

Neil Simmons, a co-director for Ideal Homes Real Estate, has been living in Bangkok for nearly 7 years and worked in the real estate market in Bangkok for the past 4 years. The company website, http://www.property-bangkok.com, will give you an idea of what Neil does.

Forex Trading Style- 7 Essential Indicators You Need

When developing your own forex trading style, there is a danger in becoming fascinated with indicators. The newer trader experiments with one, finds it doesn't work so well, then switches to another, then another, etc.

The list below highlights 7 key indicators that can be woven into your forex trading style. You may not need to go any further than this. Stick with the 7, practice them, get to know them inside out, and get the satisfaction of developing your own successful forex trading style.

#1: Candlesticks

Watch for a hammer, doji, head and shoulders pattern, 1-2-3 formation, double top or bottom.

#2: Trendlines

Draw common sense trendlines across the highs in a downtrend or lows in an uptrend. Watch for price to break the trendline and come back and test it.

#3: MACD

Watch for a difference between the highs and lows of MACD and price. When there is divergence watch closely for a good entry point once price has shifted in the direction of the divergence.

#4: 200 EMA

This indicator is an all time favorite for traders across the board. On higher time frames (1 hour, 4 hour, daily) take note whether price is above or below the 200 EMA to give you the sense of price direction.

#5: Pivot points

Take note of previous support and resistance lines as price will come back to retest these levels time and time again.

#6: Fibonacci

Learn how to use this tool well and take particular note of the 50 and 62 retracement levels, especially when they coincide with trendlines or previous support/resistance.

#7 Price Itself

Let price prove to you where it wants to go by setting entry orders rather than market orders when entering a trade. By setting an entry order, price has to reach the target you specify before pulling you into the trade.

Using Technical Indicators

It is important to acknowledge the probability that no indicator on its own is a good enough reason for entering or exiting a trade.

Your individual Forex trading style will evolve in time as you become familiar with the key indicators and probably rely heavily on just 2 or 3 out of the 7. However, it is crucial to get a combination factor when considering a trade. Ask questions such as:

• While one indicator may show a clear signal, how do the other indicators line up?
• Is that one signal running against the general conclusion drawn from the other indicators?

This is where your skill as a trader comes in as you assess the clues the indicators give and make a decision based on your perception and experience in the market.

Only time and practice can give you that. Once you are familiar with the top 7 indicators, spend most of your time and energy on developing the emotional and mental disciplines necessary for successful trading. This will eventually make up the most important part of your Forex trading style.

Click here to see how indicator #3, MACD, can help you avoid much anxiety:

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

Click here to learn how to use indicator #4, the 200 EMA, in a simple yet powerful way:

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

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

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

Forex Trading - Understand Your Principles

Forex trading has been growing rapidly among day traders since the 1990s, as day traders have seen the advantages that trading currencies can have over trading stocks. However, since there are fewer currencies for beginners to purchase over the large number of stocks available, forex trading can be much more difficult for a newcomer to learn and master. Still, there are some basic principles that someone new to forex trading should learn, and these concepts may even be helpful to the experienced trader.

The first principle of forex trading is to understand that trading is an investment, not an income. If you are looking to constantly boom in forex trading, then you may need to do a reassessment. forex trading, like other forms of trading, allows you to make a good return on your initial capital annually. However, during that year you need to expect some ups and downs in your forex trading. You could even have several months where you have consecutive losses. It is probably in your best interest to have another source of income while you do forex trading.

Another area where beginners sometimes find themselves frustrated is that they try to predict the forex trading markets. Thousands of traders have influence over the forex trading markets, along with politics and economic events, so there is no way to predict which way the market will move. There are some types of analysis that may provide an educated guess into market flow when doing forex trading, but they are not always reliable. Do not be discouraged, though, by the fact that you may lose on more trades that you gain on, as using sound money management can help you be successful with forex trading.

Making money from forex trading means that you need to make enough to cover your losses and gain profit to increase capital. When forex trading, you will need to allow your money-making trades ride while knowing when to cut your losses as soon as possible. forex trading means learning some finesse, as there can be a fine line where you will want to wait a little for the market to turn in your favor on your losing trades and also making sure you do not take your profit to soon on your better trades.

One way to handle your forex trading is to use a tested system and a money management strategy. There is no room for emotion when forex trading, so you will need to use a business-like approach that has been tested on market data. Using a tested approach will save you a lot of stress when forex trading. Also, using a sound money management strategy will allow you to use your capital in the best way when forex trading so that you can maximize profit and avoid major losses.

Read the rest of the article here: Forex Trading.

Download the Home Based Business Manual (Free $97 Value!) and receive valuable tips, strategies and techniques designed to grow a very successful Home Based Business.

Copyright Charles Fuchs is an established online marketer who specializes in helping people start their very own Home Based Business. He specializes in showing people the best way to Make Money at Home.

Stock Trading - Its Pros and Cons

Are you familiar with the buy and sell business?

This is how stock trading works. The issuance of new stock shares of the different companies throughout the world is an important activity for the business oriented people in line with the trading business. The bottom line for this is simple, and that is in order to raise capital and invest in the business.

With the advent of the Internet, trading is even made easier and possible for everyone who wants to engage in the business. You can also have the access to receive everyday update regarding the status of your stock trading venture.

Stock trading is known to all. However, most of the people are not aware of its main advantages that it can offer them. On the other hand, there are also some drawbacks that you have to expect in stock trading. Like any other kinds of businesses, stock trading has its pros and cons. We have to know them one-by-one to take advantage or avoid them.

Advantages:

•    Sure returns
This is particularly true for active stock trading. You can benefit from better returns with stock trading instead of just buying and holding your investment.

•    Variety of Choices
The web world offers wide variety of stocks that you can choose from. As much as possible you have to try finding stocks with moving prices.

•    Familiarity
Most of the stocks that are presented in the net are more or less familiar to you. It takes a little time and effort for you to understand each of them.

Disadvantages:

•    Leverage
It is a manifested flaw of stock trading. The leverage for this trading is much lower as compared to the Forex or future trading.

•    Rule on Short Selling
It makes the trader wait for quite long until a stock price ticks up before they will have a chance to short sell it. This limits profit gaining of a trader. This policy cannot be found in Forex trading.

•    Costs
The price is slightly incomparable to other forms of trading. This makes stock trading virtually impossible for anyone. It will really require you some amount before you can start on investing.

Each of the types of trading system like Stock, Forex and Future also show pros and cons. As a wise trader it is just up to you to think about it. Better if you will assess it properly before you slot in any kind of system.

Khieng 'Ken' Chho - Online Stock Trading Resources. For realted articles and other resources, visit Ken's website: http://stock-trading.onew3b.net/

Mini Forex Trading - Starting The Smart Way

Forex Trading is dominated by big banks and financial institutions to the extent of about 95 percent of FX trading of about $3 trillion. The rest is accounted for by individual traders.

There have been some valid reasons for the absence of individual players in forex market unlike stock market. Lack of education, proper trading facilities, a regulated forex market and lack of security are some of the main factors responsible for this.

An added reason for the absence of small traders in forex exchange market has been the relatively a larger amount of money to start with. The perception has been that one needs a considerable amount of money to start exchange trading.

The international fx trading atmosphere has undergone a tremendous change over some previous years. There is more and more free educational material available online; many websites provide free forex training; there has been some regulation in the US for the protection of small forex traders; more trading platforms and software have become available etc.

One considerable change has been the introduction of mini forex trading. Individual traders have got a big boost with this new tool. Small traders can now open so called mini accounts with as little as $50-$100 and start playing the forex market.

With mini forex trading, forex market is no longer a monopoly of major banks, multinational companies and financial institutions. The number of individual traders has steadily been increasing. It is expected that in future this number will only be going up.

Mini Forex trading offers so many benefits to small traders. Apart from very small amounts of capital, one can start quickly and with expert guidance. There are so many forex trading platforms available. One should always compare and choose the best one.

It should be understood that forex trading like any other form of trading is full of risks. One needs to practice for some time before starting real trading. Most of the trading platforms provide facilities for free demo or practice trading. One should take full advantage of this facility before starting actual trading.

Many people have had success after a lot of practice. Caution is the name of the game in any type of trading. One big advantage of forex trading is that because of the vastness of this market, there are few scams as compared to stock markets. Insider information so rampant in stock trading is negligible.

Given the risks in forex trading, one can start small. This will not only reduce the risks but also enable one to test the waters first before starting big. Starting small does not mean less scope for big profits. The leverage factor is equally available to big as well as small trading.

In order to learn more about mini forex trading, one can follow this link for one of the best sites for online paper trading.

The author has background in business, economics and finance. He is presently researching in finding ways to make money and working on the following website and blogs:

http://www.businesses-jobs-careers.com

http://www.IWant2MakeMoneyOnline.blogspot.com

Successful Options Trading Strategies

When it comes to giving people the hope of becoming a millionaire overnight, the stock market excels. Every day we see evidence of stocks that have flown upwards as if they had wings, providing investors with a windfall of profits. It's inevitable that catching one of those stocks just before it takes off is an exciting possibility, inspiring the beginning trader to take the plunge. When you trade options, the stakes are raised, making those massive profits even more attainable, but the basics that underlie successful trading in the stock market are the same as those for trading options.

Once you start to look at trading stocks, you find yourself plunged into a confusing nightmare where hundreds if not thousands of people are pushing "their" system that is supposedly infallible. For a beginner, it's easy to get drawn into the complex net, believing that there must be a simple solution that will hand you the keys to stock market success. These keys will see you finding winner after winner, and making your fortune.

The reality, however, is that there are no keys that will find a winner every time. After all, if that was possible, how could anyone ever lose any money in the market? And if nobody loses, then how can someone else gain? The whole stock market would collapse.

Having said that, there are a number of very successful trading systems that work well over the long term. It's important to realize that a winning system is one that consistently delivers profit over a longer time frame - and part of the equation is that a percentage of trades will be losers. Once you learn to look at the bigger picture, rather than focusing on the individual trades, you'll be a lot more successful in the market.

There are a couple of approaches to the market that are popular across many systems. One is to take small losses when they happen, and let your winners run. So you might take six little losses, which are more than compensated for by one huge gain. This type of approach takes a lot of confidence and self-discipline, as it's very easy to give up if those six little losses all happen in a row, without a winner in sight.

Another approach is to take your profits after a certain percentage of gain, and occasionally put up with a medium sized loss. This system is nice if you like to see profits, because you don't run the risk of a stock that's risen suddenly dropping again and wiping out your profit - you took your profit early. However you also run the risk that the stock will continue to fly upwards and you miss out on that profit. This system can be risky, because you need a number of small profitable trades to cover one of the losses.

If you can't make up your mind which approach suits you, why not try more than one? You can always split your capital over a couple of portfolios, and use a different strategy for each portfolio. This can be time consuming, but at least you can then make a logical comparison of the choices and decide which one has worked best for you.

It's also important not to abandon your system the second you see a trade making a loss. Far too many traders think that they're only successful if every trade is a winner, which is ridiculous. Then the trader switches to another system, messes around with that for a while, sees a loss, and switches again. You need to find a system that gives you a good overall return, and stick to it. The more you chop and change, the higher your chances of losing more.

Most of the success that comes with trading comes from one source - and it's not the perfect trading system. It's all about you. Trading is more about psychology than watching the charts. You need to have the right character to be a successful trader. Self discipline, confidence, the ability to see the bigger picture, accepting losses as part of the game, controlling your fear and greed - all of these elements work together to make you a successful trader.

If you can identify a system that delivers a consistent profit, and have the discipline to stick with it even when an individual trade loses, then your chances of success are high. And remember - it's always good to start with pretend trades to get the hang on things, before you commit your life savings to the market.

If you want to read more about trading options, click over to David's site at http://www.tradingoptionsplus.com

The Big Business Of Forex Online Trading

The daily transactions on the Forex, or foreign exchange markets, are so vast that they dwarf the total amount of money invested in stock markets across the globe. With over two trillion dollars in daily volume, the Forex is the most significant of the global monetary marketplaces

Since the introduction of the Euro to the world currency mix, the Forex has seen exponential growth. Add the rise of the Internet, and what had been the exclusive domain of the worlds great banks, financial institutions and super wealthy with at least a million dollars to invest became available to small investors who had PCs, Internet connections, and a few thousands of dollars in risk capital.

There is a very wide mix of entities, from individual brokers to corporations to governments, engaged in currency dealing through Forex online trading. And the currency market, because it does not operate form a single physical exchange like the NYSE, is ideal for Forex online trading. There are, of course, cites around the globe with large numbers of Forex brokers, and the advent of Forex online trading has connected all of them electronically. Forex online trading is now conducted around the clock every day of the year.

Forex Pre-Internet
In pre-Internet days, Forex business was conducted over the telephone and the only way in which individual investors could participate was to go to their bank and have a banker place their currency trade, or phone the bank to request that it be placed. For most of its history, the currency market saw very little individual involvement.

But Forex online trading has changed all that. Hundreds of thousands, if not millions, of individual investors have taken advantage of their around-the-clock online access and, just like larger institutions, are now engaging in Forex online trading twenty-four hours a day. Geography no longer matters, because business hours are always ongoing somewhere in the world.

Forex Trading Today
Forex traders can now have a hands-on role in their investments by continually observing market trends so that they can close their Forex online trading positions when the market turns against them. Forex online trading has also benefited from improvements in encryption technology, making investors feel more secure about having money online.

Forex online trading, in short, has become big business. And every big business will eventually spawn cottage business; Forex online trading is not different. There are now hundreds of websites offering advice and software designed to improve an investors chance of success in the Forex online trading game.

But you should make sure, before you decide to give your money to any Forex online trading site, that its software is compatible with your PCs operating system. And take the time to comparison shop for commission fees. Youd be surprised to know how widely they can vary among brokers. And above all else, find out how the broker intends to let withdraw your Forex online trading earnings.

You can also find more info on Online Forex and Trading Forex. e-forextradingsystem.com is a comprehensive resource to know about e-Forex Trading System.

Tips on Finding the Best Brokers for the Forex Market

Finding the best broker that meets your needs is an essential element to success when trading in the Forex, or foreign exchange currency, market. You will probably have a long-standing relationship with your broker, so you want to invest some time at the beginning and locate a broker that you can effectively work with. When choosing a Forex broker, there are some important guidelines to consider.

Because you will most likely be opening up a practice or a demo account, you want to find a broker that offers or includes one. In addition, you also want to see if there is a variety of training and resources available for you to access. If you are planning to use a broker primarily through the Internet, you should be able to go to their website and see what resources are available. A good broker wants long-term educated clients, and they will provide you with resources to help you succeed.

Because most of your interaction will be done online, this is a good place to start when choosing a broker. You should spend some time reading message forums, joining email groups, and becoming part of online communities about Forex. You should start to see broker referrals, and you can ask people for referrals as well. If several people have had a good experience with a broker, chances are the broker may be a good fit for you. Any type of positive reference from a prior or present client can help put you in touch with a good broker.

Another important consideration is the amount of margin the broker is willing to offer you. Margin refers to the amount of currency you are able to trade in comparison to what you have. For example, if your broker offers a 1% margin, you will be able to trade $100,000 in currency for every $10,000 you have in your account. You should try to find a broker that will offer you the most margin for your money.

The accessibility of your broker is also a key factor when selecting someone to meet Forex trading needs. You should be able to reach your broker by phone, in addition to email. Your broker should be readily available. In addition, you may want to see if there will be other brokers who can fill in if your broker is not available.

Of course, trust is probably the biggest factor when choosing a broker, which is why referrals and references are so important. Do some outside research on your broker and the company they are with before you commit to opening an account. Your broker should also be able to provide references if you ask, which can assist you in building your level of trust.

While you might have to spend some time finding the best broker for you, the time and effort will pay off. A broker who you can work with will be a main component in helping you become successful with Forex trading. If you choose well, your broker will become an advisor you can trust to help you succeed with Forex trading in the years to come.

Amy Wells is an enthusiast of forex trading and writes and reports on consumer finance issues. You can get more information on choosing a forex broker at =>http://www.forex.yourtechtool.com/Forex-Broker/Forex-Broker.php

How To Choose The Correct Forex Trading Software For You

Just like with stock trading, there are a large number of software programs you can use to make your foray into the foreign currency exchange markets. You will find that you have two basic choices, either web based or desktop based programs. Which way you choose to go is entirely up to you. If you travel a lot you may want to opt for the web-based variety instead of having to haul around a laptop and trying to find a good Internet connection for it.

Most of the more reputable Forex brokers offer software programs to their clients at no charge, however the software they provide is usually very rudimentary at best and you may have to pay more to get the features you really need. This is another issue to consider when choosing a broker to handle your exchange business. Many Forex websites have free demo accounts available which will allow you to experiment before you get locked in with one company or spend your money on something you don't like.

Since the Forex market is constantly changing and evolving you will also want a software program that changes with it. Another issue that is absolutely crucial to your success in the Forex markets is a super fast Internet connection. If you do not have DSL, at a minimum you will have a tough time. I recommend broadband. If you have dial up just forget about it. I will tell you again that you need the fastest Internet connection you can afford.

Another really important issue when considering a Forex software program is security. As a rule, web based software programs are much more secure than the ones that you install on your desktop. The problem with desktop software is that it opens you up to a wide range of possible security breaches that could possibly leave your personal financial information vulnerable. Not only do you have the issue of viruses and Trojans, but you are also opening yourself up to loss of data due to hard drive crashes. When you add the possibility of hackers getting into your system, that adds even more skepticism about using desktop based programs.

With web based software programs the majority of the security and maintenance issues will be taken care of by the software provider. Internet based Forex software systems are hosted on secure servers with the most secure encryption technology available. In addition to the security issue is the protection of having all of your information backed up so it won't be lost.

As I mentioned in the beginning of the article, another great benefit of web-based software is that it is available from anywhere in the world that you can get Internet access. This is the way I chose to go since I do a great deal of traveling and I liked the fact that the software is constantly updated so I don't have to always upload a new version to my computer.

Gregg Hall is an author living in Navarre Beach, Florida. Find more about this as well as FX currency trading at http://www.FXTradingStrategies.com

Forex Trading - 4 Common Myths Guaranteed To Make You Lose

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

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

1. Day Trading Works

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

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

2. Markets move to a scientific law

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

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

3. Buy Low Sell High Will Make You Money

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

4. You can earn a regular income

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

The Good News is:

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

GRAB 3 X FREE TRADER & FREE TRADER PROFITS NEWSLETTER

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

Technical Analysis - Using Support & Resistance Correctly

If you are trading with technical analysis one of the keys to making longer term profits is being able to use support and resistance to make profits.

Most novice traders however fail to trade with support and resistance correctly so here are some tips.

1. Support and resistance does not work in short time periods

Most novice traders try using support and resistance in daily periods Forget it, you will lose.

Why?

Because these levels are totally meaningless.

Trillions of dollars a day are traded by millions of participants and to say that support and resistance is valid in such short time frames as a day or a few hours is laughable.

The only people who take notice of these levels are the small losing minority of day traders.

Dont believe me?

Ask any day trader for a real time track record of profits using support and resistance and you wont get one.

Volatility is random in short time frames and therefore any technical indicator you try to use wont work.

Novices try day trading and lose and wonder why, they need to get educated study volatility and standard deviation.

2. Support and Resistance Test and Time Span

Generally you want several tests (the more the better) and gaps between the tests.

The more tests you have the better, this means that traders will generally pay attention to them and when they hold are or broken.

However, when looking for support on resistance dont just use the daily chart Look at the weekly chart which will give you the bigger picture.

3. A Great Trade set up

Is when you get critical support and resistance on the longer weekly chart lining up with similar levels on the daily chart These levels are very significant and you should look to trade them.

4. The Biggest mistake made by novice traders

The biggest mistake made by novice traders is they simply see support and resistance levels and trade into them and hope the market reacts in the way they want.

You will never make money this way -you must have price momentum in your favor.

Price momentum must support the way you are going to trade and we will look at this in more detail in part 2 of this article.

GRAB 3 X FREE TRADER PDF'S AND MUCH MORE!

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

FOREX Trading - 10 Mistakes Novice Traders Make

Enclosed are 10 mistakes novice traders make and they help over 90% of novice traders lose all their money. Make any of them in forex trading and odds are you will lose to.

Here are 10 mistakes you must avoid to win in online forex trading:

1. Day Trade

Simply the best way to lose in Forex trading.

The logic doesnt work.

This should be obvious to a child, let alone grown adults!

Yet, more novice traders than ever try this dumb way of trading.

We have written numerous articles on this, if you still want to day trade read them.

2. Consult a guru

There are some people who sell advice that is good, but 90% of it is not worth the money.

If you do buy advice make sure you understand the logic and can follow it with discipline.

There are very few gurus that can help you and the best way is to do it on your own.

Success comes from within.

3. Get a broker assisted account

If brokers were good at trading they wouldnt be brokers, they would be making money for themselves.

Sure, they can give you convincing stories, but stories dont make money.

Getting market direction right does and the odds of your broker doing this are slim.

4. I can trade a Demo account so now I can make money

So you can make money paper trading with no money and place orders?

Big deal.

Fact is, paper trading is easy there is no pressure, as there is no money on the line.

Trading is an emotional ride and when money comes into the equation paper traders crumble as easily as traders who have not used a demo account.

5. Trade to frequently

Many traders think if their not in the market they will miss a move.

They trade for the sake of it and dont have the odds on their side.

Only trade high odds trades, they cannot be hurried.

Be patient.

6. Mix fundamentals and technical inputs

A great way to lose.

You are either one or the other you cannot combine the two.

7. Chase your tail

Many traders constantly chop and change systems.

They have a perfectly good system they could have stayed with but get bored and swap and then they do the same with the next system.

Get a system and stick with it.

8. Over leverage

They over leverage on trades and get wiped out.

To win at online forex trading you need to play great defense, as well as great offense.

Protect what you have above all else.

All trades are equal, dont fall in love with a trade.

In fact, the ones that look best and are the most comfortable to trade, often turn out to be losers.

9. Avoiding risk and creating it

Traders are so obsessed with avoiding risk they create it, by having stops to close and trailing them to quickly.

By trying to restrict risk they create it, by guaranteeing they will be stopped out and never riding a big profitable trade.

Forex trading is all about taking risk calculated risks, when the odds are in your favor and making sure you dont get stopped out by normal market volatility.

Learn about volatility and standard deviation, if you want to know why this is so important.

10. Try and have to many inputs

Many traders look for the perfect system and the more complicated it is the more likely it is to succeed.

After all 10 indicators are better than 2.

Not so, in fact the more inputs you have the less likely the system is to succeed.

There are more elements of the system to break it.

In forex trading simple systems beat more complicated ones and most of the worlds top traders only use very few inputs.

Dont try and be clever and complicated, or you will lose.

Final words

Above you have 10 common errors forex traders make.

If you make any of them your chances of losing will be increased dramatically.

FREE ESSENTIAL TRADER PDF'S AND MUCH MORE

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

Forex Day Trading - An Overview

Day trading is defined as the buying and selling of a commodity within one day. The forex market is where people trade foreign currencies for profit.

Forex day traders are the elite of forex trading. They are usually the most educated in market movements and they are usually trading in significant amounts of money. They work at forex trading everyday, all day. Their benefit to the market is enormous, as they add that essential liquidity value. In other words, without day traders, it might be hard for the more casual, longer term holder, to find buyers at the moment they are needed.

But forex trading is not for the faint of heart anyway. First of all, you must have a thorough knowledge of the forex market and all its complexities. Remember, youre competing with professionals who spend nearly all their waking hours analyzing and executing trades. Your knowledge level must be equal to theirs. Dont be fooled by systems being sold that promise you enormous returns for a small investment in the book du jour. There is no get rich quick scheme hiding in those pages! You need to understand it all perfectly in order to succeed.

Secondly, you need a large amount of capital. Forex day traders are often institutional buyers. They can command large sums of money on a daily basis. With a small investment, you just dont stand that much of a chance of big returns. The old saying, it takes money to make money, is very true when it comes to any forex trading. Large market swings in any 24-hour period are highly unusual, so large profits only come from large investments. If you go into the forex day trading market with your sights set on a fortune, you need to know that youre much more likely to lose your shirt. As with all investments, you need to make sure that the amount you invest is what you can afford to lose. Money can accrue on a small-balance account, but the process is a slow one. You still need the knowledge and safety measures that a good forex broker can provide.

Thirdly, you need a plan. As you read the books and study the process, you will undoubtedly run into some systems that can be used successfully. In addition, youll come up with your own guidelines as you gain experience with trades, either real or in demo accounts. Some of the popular systems being used successfully and have proven histories are called swing trading, trading news and arbitrage.

The popularity of forex trading and especially day trading, has been rapid. This has raised some controversy. There are some who will steer you away from forex day trading at all costs. Others say that day trading is the only way to make a substantial income in the forex trading markets. Two things are certain: 1) Beginners/amateurs would be best off leaving the forex day trading market to the professionals and 2) Day traders provide the liquidity the forex needs to exist.

Be careful, become educated, or get professional advice before embarking on a forex day trading strategy.

Michael Russell
Your Independent guide to Forex Trading

The Greatest Lie Ever Told is Keeping You from Wealth

The greatest lie ever told from investment professionals could be keeping you from getting wealthy. This lie has been passed on from mediocre advisors as a way to justify their measly returns on your money. You most likely have accepted this advice without much thought.

Even worse you have probably given this same advice yourself to friends and family. This lie has destroyed so many futures that it should be outlawed immediately. This outdated advice is robbing you and many others of thousands if not millions of dollars.

What lie am I talking about? The lie I am talking about is when investment advisors tell you that you should buy and hold a particular investment for five years or more. This is crazy! Yet so many people take this advice as the gospel.

The average stock market return is 10% to11% per year. Why not sell your investment when it reaches say, 15% or 20% in year one, assuming it does? There is no need of holding your investment for the sake of holding it.

In fact this will reduce your returns because you could have sold your investment in year one and realized a 15% to 20% return and moved on to another investment. Holding on to winning investments until they become losers is what so many people do. This is a shame when you realize most advisors do not follow the same advice that they give to you.

These advisors know how fickle the markets can be therefore they exit their winners and do not hold them for five years or so. This further proves what I have been teaching for years, no one is going to look after your money like you would. Advisors who sell their investments much earlier than their clients are just doing what is natural, looking after their own interest.

To be fair there is one instance when buy and hold is the right advice to be given. There has to be a circumstance when this is true or Warren Buffet and the other great investors would not give this advice as well. The exception when buy and hold is the right advice as Buffet and others readily agree is when you will not take an active role in your own wealth building.

Sadly, this is the case for most investors. They would rather give their money to others and let them invest the money. This would not be too bad if you would actively monitor your wealth and learn investment strategies yourself so you can better determine what an acceptable financial return is.

A 10% return a year is no longer acceptable. Today you have to worry about how bills are going to be paid now and in the future. You need to earn returns that you can live off of as income while at the same time saving for retirement.

Earning profits of 10% a month have become a necessity. Average people are enjoying monthly returns of 10% or more each month. They have figured out the greatest lie ever told and are taking wealth building into their own hands.

At the time of this writing I used $3,376 to earn profits of $725 in a single day. This is over a 20%. While I was in the investment for less than a day it was not my intention to only be in the trade for a day. However, if the market is going to give me a profit of over 20% in one day, I will surly take it.

For information on strategies and techniques I use in my personal account to generate monthly profits of 10% or more click here: Wealth Code

Copyright David D. Wells. All rights reserved. You are welcome to forward the entire Article to anyone interested as long as it is not edited in anyway and includes the Resource Box.

David D. Wells is a superstar trader and bestselling author. Let him show you how fortunes are made in the 21st century. Subscribe to his free newsletter at http://www.themoneymotivator.com