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Friday, November 27, 2009

Forex Signal Providers - What To Consider

By Tk Kearns

The popularity and easy accessibility of the ForEx, or foreign exchange market, makes many people choose it as their financial stepping stone. Together with its indisputable popularity come some extras. The extras include computer programs, trading systems, videos, books and most of all, third party signal providers. Now, I will discuss some points when searching for a good third party signal provider.

For you to choose a quality third party signal provider, we should have a good understanding about who they are and what they do. Signal providers are other traders or analysts that are able to place trades in your own account with the hope of turning a profit. Depending on your trading needs, you can have one or many signal providers.

The US Constitution states that all men are created equal. Unfortunately this is not the case with traders or signal providers. Some traders look like a million bucks at first glance but turn out to be bad news upon further inspection. To keep away from these types of traders we have to set some guideline to follow when choosing a third party signal provider.

1. First, I make sure that the trader is a winner. This is a little bit obvious already but I could always see losers with 50 to 100 people trading their signals.

2. After that I always look at the longevity of the account. Anyone can get lucky and ride a trend for a week, but it takes a little more to trade profitably for months or years on end.

3. An important factor is the maximum drawdown that a trader has caused to their account to date. Big draw downs mean a greater chance of a margin call and a much bigger chance that you will never recoup all of the losses that take place in a massive draw down.

4. The first three are easy to look at. They will be displayed right on the main screen of signal providers to choose from. Once you get a few signal providers you are thinking of using, its time to dive a bit deeper into their history.

a. Have a look at some of the trades placed by each trader. Are they all unique trades or are there 20 trades all placed on the same currency pair at the same time? If so its really just one trade placed twenty times.

b. Have a look at how far they let their trades get away from them. Is your signal provider letting trades get 300 pips or more against them at times? Do they close trades the minute they turn into profit? If so this is a trader who does not understand risk and reward and should not be considered to trade real money.

c. Make sure that they do not constantly average down. A trader who is adding to losing positions and trying to buy a better entry point is asking to go broke. This is a trader to avoid.

5. The most important thing is to choose a signal provider that you can live with. If you are risk adverse than an aggressive trader will probably more than your stomach can take. Its OK to let your account grow at a more modest pace if it helps you sleep at night.

This is only a simple guide for you to consider when looking for good third party signal provider. Remember to always trade a demo before a live account and that ultimately the money is yours and no matter what happens to it, you are the one who's responsible for it. - 23200

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Company Going Public? You Need To Get The Right Publicity

By James Scott

As a publicist, I can't help but laugh when I turn on the television to see an author on a talk show telling the audience about their book or flip on the radio in my car and hear the morning DJ interviewing a self proclaimed expert of some new weight loss program where you can lose 500 pounds in 48 hours.

I'm not laughing because of the content but because I know how much they had to pay a publicist to get that interview. I know that all the questions are predetermined and that the publicist who convinced this individual that TV and radio were the only way to get in front of the public is living in the'70's and can't seem to adjust to the new concepts of massive publicity for pennies and the young, hip publicists that have transformed the process of ga

I don't mean to offend any publicists out there but I'm going to tell the public a little secret. If you are seeking massive explosions of publicity for your business, book, musical act or future celebrity, there is a process that will blast your 'brand' to 10,000,000's overnight. There is a process that will put your brand in front of your target market in hours, not weeks. There is no waiting on approval from a television network or radio channel.

That secret process is a cooperative of internet video distribution, press releases, article marketing, social book marketing, blogs and a few other online media distribution combination that will take your brand campaign from 0 mph to 100mph overnight. When you are interviewing publicists or brand recognition marketing specialist keep this in mind, any publicist can get you on TV or the radio with a couple calls since both of these media genres are constantly in need of content and truth be told, the results you'll get are very minimal from these to publicity mediums.

The central questioning of your interview should be quizzing them on their online media campaigns and viral media expertise. Don't spend a dime until they've convinced you that their online strategies are on the cutting edge and cost effective. Online marketing strategies can literally have the internet screaming your name in hours. - 23200

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Stock Trading Secrets

By Michael Swanson

It is very important to educate yourself before attempting to do any type of stock trading. There are a few different markets designed for stock trading such as the NASDAQ and the New York Stock Exchange and you should be familiar with them, even if you have others do the initial investment. Stock trading takes a certain amount of luck and knowledge to do well.

Day trading is one form of trading stocks. People from all walks of life can use the internet to buy and sell the 50 hottest stocks. At the end of the day the goal is to make a profit and then start all over again the next day.

Although day trading used to be done mostly by banks and other financial institutions, it is now open to almost any body that has an interest in the stock market and an internet connection. Some people make a fairly good living at day trading, while others consider it an extra investment and just enjoy the thrill of it.

When buying and selling stocks, learning about commission prices is a very important aspect. Commissions are paid to the brokerage houses that actually carry out certain orders from their customers. Sometimes there are set commissions for a certain amount of trades, other times you are charged per trade.

All brokerages are different in regards to how much commissions they charge. There are often other fees involved as well. Before you sign any agreements with a brokerage house, be sure to read the fine print of the contract so you get a clear idea of fee schedules and pricing.

Building capital is the main reason that people invest in stocks. The money can be used for long term investments such as saving for retirement. Day traders often prefer the more immediate consequences of their actions. Possessing a certain amount of knowledge, luck and skill can be very important during the stock trading process and keeping your gains bigger than your losses is obviously the main objective. - 23200

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Business Grants For Minority Women

By John Holden

In order to start a business, women will usually go get a loan from the bank or perhaps ask friends and family for a loan. Not many realize that they can get free money in the form of grants.

As a minority woman, you can claim benefit to many grants for minority women business owners. You can use these grants to help start your business and pay expenses that come with running a business.For you to apply for minority business grants for women, you must be an African American, Asian, or Hispanic female.

Many organizations give out minority business grants for women including the federal government. The organizations may include Non-profits and businesses.

Go to the government website to find grants. The website lists many grants so you will need to sift through them and find the ones that pertain to your cause.

Visit the federal government website for a list of all the federal grants available. Look for the grants specific to your cause, which would be the minority business grants for women.

Next, do some networking and make contact with the non-profits and local businesses and find out if they give minority business grants for women. You can at least get some good business advice from the established businesses.

When applying for minority business grants for women, you should apply to as many as you can find. The reason for this is that you may not get all the grants that you apply to, but the more you apply to the better your chances are of getting at least one grant. - 23200

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Take Your Business Public: How To Find a Consultant That Can Make The Process Fast and Easy

By James Scott

So many companies dream of going public to raise massive amounts of capital, as set up for an exit strategy, to make acquisitions with stock and for many other reasons. While your intentions may be pure and with genuine motives, you're entering shark infested waters of boiler rooms, crooked attorneys and underbelly consultants who have made careers off of taking well intentioned executives just like you for a 24 month rollercoaster ride while they take every penny you have as your company shrivels up like week old road kill.

Just and honest consultants in the 'public offering' industry are as rare as the illusive white elephant. This industry exists in a cesspool surrounded by rose gardens; from afar it looks amazing and an image of a dreamland but get up and close and the sludge and odor are enough to make you run and hide. So what do you look for in a consultant? The best consulting firms are the 'boutique firms' with minimal overhead that keep a low profile and are made up of 3 or 4 'partner' consultants.

These firms typically have the experience of working with the large consulting groups but for one reason or another have decided to leave and go out on their own. The great thing is, these small groups typically have massive contacts and process your entire public offering in-house. Offering a complete turn-key solution that is managed in-house offers a huge advantage because there is accountability and you can actually build a relationship with the people that are making your dream of a public offering come true.

These 'boutique' consultants will usually stay onboard as growth consultants for the life of the company in exchange for modest fees and a pre-IPO or pre-OTCBB equity position. The large firms will hack you out at the knees and gouge you with fees while they take massive amounts of equity in your company which takes away your bartering chip when you need to offer more stock to the public to raise capital.

The small firms will also work one on one with you to show you how to use your stock to grow through acquisition and other nifty ways to use stock to grow. Seek out the boutique consulting firm and save the attorney for spot audits. Hold on to your cash. Why pay outrageous fees to lawyers when you can pay 60% less with a small consulting firm that will add all the bells and whistles for free and actually get your stock trading, usually in half the time? - 23200

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