Forex Tips

By Paul Bryan

If you are dealing in Forex you would find many professional services offering paid or free Forex advice. A good Forex advice aims at bringing the best advice and the latest news about the Forex market and ensures that the investors can make the most of the information they provide in living the dreams of a professional Forex trader.

Undoubtedly the Forex market has made tremendous progress in the recent years becoming the biggest trading market in terms of trading volume and transaction value. But the hazards involved cannot be overlooked. Just as it is possible for a trader to make enormous profit in Forex, there is also every chance for the traders to make exorbitant loss by getting duped by some unprofessional websites or services. So it is very essential for the traders not to lose their self control and take every step carefully.

A good Forex advice site however helps the traders with best expert advice in the direction of safe trading in the Forex business. To proceed in Forex trading one must initially open an online Forex account. And at this point selecting the right broker is definitely the most crucial decision for a career in Forex.

Forex broker is the main medium through whom all the trade dealings take place. You will make a sizeable profit if your broker is professional and honest but will encounter heavy losses if that is not the case.

To start with you must have a proper workable strategy at place. A right strategy is vital to lead a trader towards reaping good returns. A good broker service takes pain in carrying out all the hard work on behalf of the client and informs him or her about proper trading opportunity so that you can be in a gaining situation. These services from the broker are vital for making a trader successful in the business avoiding all kinds of financial beating.

Furthermore, one can also enroll in a course about the Forex trading business whereby they can gain proper knowledge about the currency trading market. There are a lot of websites offering such courses and an online course if chosen wisely will be far more economic. There are courses which include video tutorials and have been of great help for novice as well as experienced traders.

You may also install some software for making the technical analyses which will alert the traders about the future trends of the market moves so that they can remain updated and slightly advanced in the race. It is of utmost importance that a new trader understands the basics of the trade and learns to trade confidently and refrain from taking faulty decisions.

Forex market is a highly lucrative one, but one must have the right approach to become successful! - 23200

About the Author:

If you like this article then you will enjoy reading more on currency trading and how to become successful by going to Forex Trading Advice

A Guide to Gold Basics

By Lawrence Reaves

With the soaring prices of gold it is a good time to consider buying or selling your gold jewelry. You need to have some basic knowledge to make smart decisions. Gold jewelry seems like it never goes out of style. This is because it is beautiful and easy for most people to afford and wear.

Pure gold will not tarnish, rust or corrode and is the most malleable of all metals. Pure gold is too soft for jewelry so it is mixed with other metals, including silver, copper, nickel and zinc to give it strength and durability. The color of gold is determined by the type of metal alloys it is mix with and the percentage of each metal alloy.

Most people think all gold is yellow, but the fact is there are many variations of color that gold can be. Colored gold is just as "real" as golden colored gold. The color depends on what the gold is mixed with. Other alloys are mixed with gold to make it strong and to hold up under every day wear and tear that jewelry goes through. Craftsman learned through the ages that mixing gold with copper, silver and platinum would increase its durability. When gold is alloyed with other metals it changes the color of the finished product. An alloy of 75% gold, 16% silver and 9% cooper makes yellow gold. White gold is 75% gold, 4% silver, 4% copper and 17% palladium. Other combinations of alloys can make pink, green, peach and even black gold.

The alloys of gold have a lesser value per unit weight than pure gold. The standard in the gold trade is known as karatage which is commonly called karat. Pure gold is known as 24 karat gold and is usually marked with 24K. An alloy that is 50% gold is 12 karat gold and is marked with a 12K. An alloy that is 75% gold is 18 karat gold and is marked with 18K. High karat gold jewelry is softer and more resistant to tarnish; on the other hand, lower karat jewelry is stronger, but less resistant to tarnish.

Gold is highly valued and there is a limited supply and has been used as a medium of exchange or money for centuries. 6000 years ago is when the first transaction was done using pieces of gold and silver. The reason that gold has been used for this purpose for so long is because it has high value, durable, portable and can be divided easily. At one time the United States used a gold standard and maintained a stockpile of gold to back every dollar in circulation. It became too cumbersome and is no longer used by any nation. Gold coins were commonly used in transactions. Gold coins were issued in two types of units. Some were units of currency and some were issued in standard weights.

Today gold coins are no longer in wide use for financial transactions. Gold coins issued in specific weights are popular for people who want to purchase and invest in a small amount of gold. Gold coins are also collected and issued as commemorative coins. These types are a good investment because gold retains its value overtime. These are just some informative basic facts about gold. As you can see gold is a good investment whether it is in fine jewelry or coins. - 23200

About the Author:

The best online resource to sell gold or sell gold coins can be found at http://www.refinity.com

A Vendor Take Back Mortgage Explained

By Dave Peniuk

A VTB or Vendor Take Back, is simply where the seller (Vendor) of a property is willing to provide some or all of the mortgage financing on that property. As a real estate investor, I ask for a VTB on most deals. Even if it's only a smaller 2nd mortgage, it doesn't hurt to ask if the vendor would be willing to carry the mortgage. There are significant benefits to both parties. And that simple question could provide you with an additional $5,000 - $10,000 in financing just for asking!

Using other people's money is a clever way to use leverage and enable you to buy additional properties (as long as you aren't over-extending yourself). Or, the extra money could be used to renovate, refurbish, or spend on the marketing required to rent out your new property.

For you, as the purchaser, there are other potential benefits from obtaining a VTB:

- As with bank financing, there is generally no pre-payment penalty if you pay off the mortgage early;

- Since vendors don't often ask for all of the documentation that is required by banks, financing your property is quicker and easier; and

- The mortgage, and it's value, will not show up on your credit score as is now becoming more common with the big banks and credit unions.

For the seller (vendor), the benefits of a VTB include:

- A way to make a difficult deal or a distressed property more attractive to an investor by offering financing on the property;

- The vendor could increase the money they get from the property if they charge a higher than market value interest rate and collect it back over time;

- Monthly cashflow from the property keeps coming in, even after it's been sold;

- Currently, a vendor with a VTB can obtain a 5% or higher interest rate return on their equity in the property (the % will depend on the structure of the deal) rather than putting that money in the bank and getting a 2% or 3% savings interest rate;

- As the mortgage is secured against the property, the worst thing that can happen to the vendor is that they will have to foreclose on the purchaser and will get their property back (if it's a first mortgage, that is).

Your real estate lawyer will create the VTB documentation, in most cases. Always ensure that your lawyer has thoroughly reviewed the Purchase and Sale Agreement and the mortgage documents and all of their associated conditions. You will also want to speak with the vendor to determine if the term can be extended (if required) when it comes due. - 23200

About the Author:

Learn How to Retire with Real Estate with Dave's free Real Estate Investing Starter suggestions Guide. Learn how to build financial freedom, extra monthly income and massive wealth with suggestions like: How to find quality rental properties, finding and keeping great tenants, and easy ways to finance your real estate purchases with Vendor Take Back financing.

Stock Market Guru Reveals Secret Of How To Play Double Bottoms

By Sean Phelps

Stop losing to professional traders in the stock market when double tops and double bottoms form. Keep reading to discover how you can make thousands of dollars when double tops and double bottoms form.

All stock market rallies reach a point where bulls say, ok, I've made enough, I'm going to sell and take profits. When this happens, charts will top out when not enough new bulls are coming in to offset their profit taking.

Traders who just bought the stock are pissed off because they came to late. They are trapped, sometimes even in a Bearish Island Reversal. Should they just stay in the stock and hope it comes back or sell for a loss? Well, the stock will keep dropping until enough bulls decide that the stock has over extended itself on the downside. So as more and more of these bulls step in, the stock begins to rise and the rally continues. Now when the stock finally rises back up to its previous high, you can expect sell orders to hit the market as those who were trapped exit their positions.

There are always those traders who were trapped in the previous reversal and now they have sworn to their gods to jump out if the market would just give them another chance by rising to its old high.

An exact opposite situation happens in the stock market at a bottom. A stock falls to a new low at which enough shorts start taking profits by covering their positions which causes the market to rally. Once that short covering rally stalls and the stock begins falling again, all eyeballs are on that previous low-will it hold? If fear is greater than greed, prices will break below that previous low which will mark a continuation of the downtrend. If greed is stronger than fear, the downtrend will stop near the old low forming a double bottom. Your other technical indicators will help you figure out which of the two possibilities is more likely to occur.

Any time you see a stock rise to its previous peak, the main question in your mind should be will it rise to a new high or form a double top and turn down. Technical indicators like volume, MACD, RSI, and stochastics can be a great help in answering this question.

If the volume, RSI, and stochastics start falling as the stock approaches its previous high, then it is likely that a double top pattern will form.

Whenever a stock falls to its previous low, it is likely a double bottom will form if the volume and MACD start climbing. - 23200

About the Author:

By Sean Phelps. I hope this lesson helps you make a lot of money. For many more cash pulling secrets go to the most popular stock trading blog on the Internet by going to stock market

Why Forex Trading?

By Bart Icles

Without a doubt, the foreign exchange market is one of the most popular trading arenas these days. However unpredictable, forex trading still poses the most attractive rewards to willing investors. And yet, there are still those who ask why engage in currency trading, If you make an online search on the forex market, you will realize that there are tons of reasons why foreign exchange trading is very attractive. But before you get overwhelmed with the plethora of information that you might encounter, it helps to know some of the most basic reasons why you might want to consider getting into this kind of trade.

It is to your advantage that the foreign exchange market is virtually open anytime, anywhere. All that you would need is a desktop or laptop and an internet connection. You do not have to step into some physical trading arena which is only open from 8:00 AM to 5:00 PM. You just need to setup a forex account and then you can start clicking away.

You also do not need to worry about being not able to catch the trading times. The whole world engages in currency trading so as one trading center closes, you can be sure that another one opens. If the currency trading center in New York has closed, you can still exchange currencies with other investors through the trading center in Tokyo.

Lots of people also find it hard to resist the leverage offered by the currency market. With just a thousand dollars' worth of investment, you can already trade with a hundred thousand dollars' worth of currency lots. You can even come across brokers who offer up to 200 times leverage. This means that with an investment of a hundred dollars, you can already control up to two hundred thousand units of currency position.

Another amazing thing about forex trading is that you will be able to predict outcomes - accurately. The forex trading market is known to behave in a historical manner which means things happen in cycles. Foreign exchange rates typically vary in a predictable manner that many forex trading systems have already been developed to deliver forex signals to investors. These forex signals are then used in predicting actions that investors can choose to take. While losses and gains appear to be unpredictable in the forex world, the actions and positions that you can assume can always be foreseen. - 23200

About the Author:

A forex day trading system is powerful when coupled with a desire to learn and a drive to become a great trader. Learning forex systems takes dedication and a good teacher. But once you learn how to trade and do so successfully your life will change and you have options and financial resources you never had before.