Simulated Forex Trading Is Necessary For Success

Forex Simulator Trading, Forex Simulated Trading, Forex Futures Trading, Forex Online Option Trading, Account Forex Online Trading
How do you get good at anything? Let's put it this way, when was the last time you were successful at something the first time you tried it?

Just like learning skydiving, you don't want to get severely hurt trading forex before you learn how to do it correctly. So what is the forex equivalent of tandem skydiving? Simulated forex testing, of course.

By practice trading, you can develop a profitable system that you are comfortable without losing all your money. The first step to doing simulated forex trading is to backtest strategies that appeal to you. Because you are only testing with play money, try anything and everything! Look for systems on the internet, create your own or use no system at all.

When something works, find ways to improve it. If something doesn't work, get rid of it. It's that simple.

Once you have a system that has backtested well, it is now time to do more simulated forex trading. This time, you will still be testing with play money, but now you will be using a demo account to trade in live market conditions. Most forex brokers offer demo accounts for free and are perfect for trying out a broker platform and testing the practical aspects of your new found system.

If your system does not work, go back to your backtesting. Then demo test again and again. When you are comfortable with your new system, put some money in a live account and trade! This is why you need simulated forex trading.

Forex Simulator Trading, Forex Simulated Trading, Forex Futures Trading, Forex Online Option Trading, Account Forex Online Trading

Top 10 Free VPN Services Review

1. OpenVPN – Free VPN client

OpenVPN.net is a SSL/TLS based VPN, it provides high security and privacy. The biggest difference between PPTP VPN and OpenVPN is you need install OpenVPN client software to use OpenVPN service, and OpenVPN DO NOT work on mobile devices such as iPhone, iPad, Windows Mobile and Android. But OpenVPN works on Windows, Mac and Linux.

 

2. PacketiX.NET – Free VPN client

PacketiX.NET is a Japan VPN service. It is actually a premium service, but they have PacketiX.NET online test service as well which is free to use. The service is fast and reliable and it is easy to use as well. Just download the VPN connection manager, install and connect! It works on Windows and Linux only.

 

3. UltraVPN – an OpenVPN client

UltraVPN is a French VPN client that hides your connection from unwanted ears and allows you to use blocked applications. It is also based on OpenVPN service. Traffic is quota is unlimited. Bandwidth is up to 500Kb/s depending on network conditions.

 

4. Hotspot Shield – The most popular free VPN client

Hotspot Shield is possibly the most popular Free VPN client in the world. It made waves when Hulu was launched as it allowed users to watch Hulu even when it was blocked. Now, they have US & UK based VPN services which you can use to protect yourself from WiFi Snoopers, identity thefts and censorships. The best part is, Hotspot Shield provides unlimited bandwidth and works on both PC & Mac.

 

5. CyberGhost – Free VPN service

CyberGhost is a free VPN service from Germany which helps you route you through a German IP. The free service is limited to 10GB traffic every month, which is more than enough for surfing on websites, chatting and email. The paid service is also affordable. 

Update: The free service is limited to just 1GB per month now.

 

6. TorVPN

TorVPN is one of the latest entrants into the VPN market. TorVPN is great for bypassing strict content filters, browsing the web anonymously, securing your VOIP communications or remote access to your home/office workstation. With TorVPN you can get an OpenVPN server, SSH access, PPTP & TOR proxy. Free vpn access is restricted to 1GB per month and works on Windows, Mac, iPhone & iPad.

 

7. SecurityKiss

SecurityKiss is a tunnel service which ensures security and privacy once your data leaves your computer. It redirects all your traffic through an impenetrable tunnel to our security gateway. Everything in the tunnel is encrypted.

 

8. Your-Freedom

Your-Freedom makes accessible what is unaccessible to you, and it hides your network address from those who don’t need to know. The free service lets you use it for 6 hours a day (up to 15 hours a week). You can either download their software or use the OpenVPN mode. Windows, Mac & Linux platforms are supported.

 

9. USA IP

For free user, you don’t need to register, just download the USAIP.pbk file, and then double-click on the file and select one of the USAIP PPTP connections. After that, you can access the USA IP free VPN services with the username demo and the password demo. But you will need to reconnect the USA IP network after every 7 minutes.

 

10. MacroVPN

A new player in the VPN field. MacroVPN does provide a Free VPN service, but it is more like an extended trial. There is a limit of 2GB traffic and 256kbps speed.

Today, it seems somewhat queer to hear from someone’s mouth that he or she is wandering here and there in search of desired job. Despite the fact that hunt for job isn’t really a doodle for anyone; whether skilled or moderately accomplished person nonetheless the internet suggest you direct ways to find jobs online. But most net savvy do not know what is the apt process to find or apply for a job through internet. Sometimes, they have to counter trouble for not knowing the proper ways, which could lead them to ideal destination. The majority of online job seekers assume that there are only three means to apply for jobs online: resumes, advertisements and organization. But you should know about other sources also and these are:

•     Job relocation or sending resume
•     Replying for the ads related to your professional field
•     Responding for news paper ads
•     Seek out private employment organizations and firms
•     Visiting to employers places
•     To ask for an ex-teacher or professor for job-guidance
•     Get on with a civil service examination
•     To go to any company, factory or manufacturing unit of your predilection
•     Use of the phone books yellow pages to show the field of your interest

Would you believe that 10% of US population waste its time in search of jobs online and theirs search come to an end easily when they have to give up for finding no positive results. The main cause of the failure lies in improper course of action, in other words the lack of confirmation of your own criterion, interest domain and expertise. After being sure about these things you will not be banned by any bar to find excellent job. Apart from above cited facilities the web provides you many other ways to find jobs online, these are:

Common Effective Ways

Networking: networking system allows you to get connect with numerous persons simultaneously. It is very effective mean to get a link of the peoples and employers associated with your concerned professional field.

Advertisements: The advertisement of top companies and firms is another supportive option for job hunt but liability of the ads should be judged by the users before applying.

Referrals: referral process has been highly admired by vast amount of internet users. Under this referral one can simply hire another person as his candidate for the company or product and this makes ones automatically an employer of the production. This referral benefits are unlimited; the more referrals one makes the more benefit he or she gets.

Career Websites: The careers websites are specifically are those build with the purpose of career making in a particular sphere of interest or profession. With the launching of many jobs searching websites for job hunters, it has turned out to be hyperbolically easy. But the pathetic economic heartbreak seems claiming for more career sites.

Job Fairs: A job fair organized by specific companies and industries is another appealing way among other ways to find job online. You just search out the name of the attracted industry from the list, send impressive resume and be prepared to work with distinguished organization.

Essential Elements of a Successful Trader

Courage Under Stressful Conditions When the Outcome is Uncertain

All the foreign exchange trading knowledge in the world is not going to help, unless you have the nerve to buy and sell currencies and put your money at risk. As with the lottery “You gotta be in it to win it”. Trust me when I say that the simple task of hitting the buy or sell key is extremely difficult to do when your own real money is put at risk.

You will feel anxiety, even fear. Here lies the moment of truth. Do you have the courage to be afraid and act anyway? When a fireman runs into a burning building I assume he is afraid but he does it anyway and achieves the desired result. Unless you can overcome or accept your fear and do it anyway, you will not be a successful trader.

However, once you learn to control your fear, it gets easier and easier and in time there is no fear. The opposite reaction can become an issue – you’re overconfident and not focused enough on the risk you're taking.

Both the inability to initiate a trade, or close a losing trade can create serious psychological issues for a trader going forward. By calling attention to these potential stumbling blocks beforehand, you can properly prepare prior to your first real trade and develop good trading habits from day one.

Start by analyzing yourself. Are you the type of person that can control their emotions and flawlessly execute trades, oftentimes under extremely stressful conditions? Are you the type of person who’s overconfident and prone to take more risk than they should? Before your first real trade you need to look inside yourself and get the answers. We can correct any deficiencies before they result in paralysis (not pulling the trigger) or a huge loss (overconfidence). A huge loss can prematurely end your trading career, or prolong your success until you can raise additional capital.

The difficulty doesn’t end with “pulling the trigger”. In fact what comes next is equally or perhaps more difficult. Once you are in the trade the next hurdle is staying in the trade. When trading foreign exchange you exit the trade as soon as possible after entry when it is not working. Most people who have been successful in non-trading ventures find this concept difficult to implement.

For example, real estate tycoons make their fortune riding out the bad times and selling during the boom periods. The problem with trying to adapt a 'hold on until it comes back' strategy in foreign exchange is that most of the time the currencies are in long-term persistent, directional trends and your equity will be wiped out before the currency comes back.

The other side of the coin is staying in a trade that is working. The most common pitfall is closing out a winning position without a valid reason. Once again, fear is the culprit. Your subconscious demons will be scaring you non-stop with questions like “what if news comes out and you wind up with a loss”. The reality is if news comes out in a currency that is going up, the news has a higher probability of being positive than negative (more on why that is so in a later article).

So your fear is just a baseless annoyance. Don’t try and fight the fear. Accept it. Have a laugh about it and then move on to the task at hand, which is determining an exit strategy based on actual price movement. As Garth says in Waynesworld “Live in the now man”. Worrying about what could be is irrational. Studying your chart and determining an objective exit point is reality based and rational.

Another common pitfall is closing a winning position because you are bored with it; its not moving. In Football, after a star running back breaks free for a 50-yard gain, he comes out of the game temporarily for a breather. When he reenters the game he is a serious threat to gain more yards – this is indisputable. So when your position takes a breather after a winning move, the next likely event is further gains – so why close it?

If you can be courageous under fire and strategically patient, foreign exchange trading may be for you. If you’re a natural gunslinger and reckless you will need to tone your act down a notch or two and we can help you make the necessary adjustments. If putting your money at risk makes you a nervous wreck its because you lack the knowledge base to be confident in your decision making.

Patience to Gain Knowledge through Study and Focus

Many new traders believe all you need to profitably trade foreign currencies are charts, technical indicators and a small bankroll. Most of them blow up (lose all their money) within a few weeks or months; some are initially successful and it takes as long as a year before they blow up. A tiny minority with good money management skills, patience, and a market niche go on to be successful traders. Armed with charts, technical indicators, and a small bankroll, the chance of succeeding is probably 500 to 1.

To increase your chances of success to near certainty requires knowledge; acquiring knowledge takes hard work, study, dedication and focus. Compile your knowledge base without taking any shortcuts, thereby assuring a solid foundation to build upon.

Accept Losses in Forex Trading

Accept Losses in Forex Trading

The lack of a proper trading plan which includes precise rules for entering and

exiting a trade will most certainly guarantee failure over the long term. Beginners

usually suffer from the same common ailments. They abandon trading plans purely on

impulse because things are not going exactly as how they had envisioned. Repeatedly

they use unreliable methods that fail to produce a profit. Many traders hold on to

losing positions telling themselves “it is going to turn” when every indicator says

otherwise because they cannot bear the thought of a loss.

Why do they torture

themselves? Why don’t they just identify what’s going wrong and make a change? For

some people recognizing that a trade or even a trading method is not working and

making a change is easy, but for others it’s very difficult. They have to look at

their limitations admit that they have made a mistake and that’s hard because it

hurts our ego. Psychologically it’s risky, it’s often easier to fool ourselves.

Just keep going, living in a state of denial until your account is depleted. If you

recognize any of these traits in yourself you must stop trading immediately.

Take

a good look at what has been happening, try and identify the problem. If you look

close enough you may see a pattern. This is why it is vital to record every trade

and as much information about it as possible. You have to break out of old patterns

and see things in a new light.

You will never be a successful trader if you

continue to live in a state of denial. What can be done to return to reality? There

is a lot you can do. First of all make sure you are not trading under stress. When

stressed out you can’t see clearly, you become rigid and unable to see alternative

views. One of the easiest solutions is to trade smaller. The smaller the trade the

less the stress, especially for the beginner. If you are experienced and in a

loosing streak reduce your contracts until you get your confidence returns. Some

people need to take a break altogether. Get away from it all. Take your mind off

the trading.

The second thing you can do is to make sure you have a life. Trading

can be addictive especially when you are winning. Do not put all your emotional

eggs in the trading basket. You need to have other roles that give your life

meaning and purpose. By defining your identity in a variety of ways, you will not

place un-natural importance on trading events. Therefore, you will be able to take

losses in stride and look at your trading more objectively.

Finally, radical

acceptance is a key mental strategy for coping with market uncertainty. Many

traders make the mistake of thinking they can control the markets. Nobody can

control the markets. We must learn to accept anything that comes our way and to

trade accordingly. Adopt the attitude that trading is a journey and that all we can

do is go where the markets take us.

To succeed on this journey you cannot afford

to lose too much. Manage risk and just accept what you get and enjoy the ride. This

way you will trade more freely and creatively. Don’t live your life in denial.

Accept your limitations, work around them, and become a winning trader. Write out

your trading plan with precise entry and exit points. Most important set your stops

and mentally decide you will not break them. Test your system on paper and when

confident test in real time with the minimum contract size. You will have losing

trades, accept them with grace and go on to the next trade.

Benefits of Using a Forex Signals Provider

Benefits of Using a Forex Signals Provider

The Forex market can be intimidating and confusing if you are a beginner. Experts and gurus have spent years acquiring experience and knowledge by making expensive mistakes. If you are venturing into forex for the first time, it's almost a guarantee that you will lose money. You may lack the knowledge and skills to make profitable trades.

To overcome the challenges ahead, have two options. The first option is to learn everything on your own. However, as mentioned earlier, be prepared to lose money to pick up the lessons. Also, the learning curve is rather steep. The complex and sophisticated analysis methods can put the most intelligent people off. Not everyone wants to get involved in research and analysis. For sure, it's more fun to be trading and making money in real time.

The second option, is to use a forex signals provider. A forex signals provider is a service provider. To use the service, you will have to join as a member and pay subscription fees. But many service providers claim that the fees are very affordable. That may be true, assuming that you make lots of profits based on the signals that are provided by the service provider.

There are a few special benefits that deserve special mention.

1) Ability to move around while waiting for signal instructions.

You don't have to be hooked to your computer when using a signal service provider. Signal instructions can now be emailed or SMS to you. That means you can be receiving instructions even when you are on the move. You may then execute the trade based on the instructions you receive.

2) Shorten the learning curve.

This is a huge benefit. Instead of spending all your time learning how the forex market works, you can start trading immediately. You can skip right past the complex analysis stage and get involved in the action.

3) Minimize trading risk.

For all new traders, all trades are considered risky due to lack of knowledge and skills. If you don't wish to lose money upfront, then you have to depend on a forex signal provider for reliable instructions. All the decisions are made for you by the service provider - when to buy, when to sell, and what is the stop and loss entry.

4) No need to monitor trades manually.

Sometimes, forex traders get up in the middle of the night just to trade an order. With the instructions given, you don't have to do that anymore. Simply execute the order based on the instructions.

To start trading in the forex market, all you need is an Internet connection, a little money (to start trading), and a forex signals membership. The membership will provide you with signal instructions. You wait for the instructions to arrive, and you execute the order. Once you have done that, all you need to do is to wait for the trade to become profitable.

Before you start investing with real money, you can trade based on the instructions you receive on a hypothetical basis. Once you acquire enough confidence, you may then start trading with real money.

Forex Simulated Trading

Forex simulated trading helps investors practice their forex trading before risking any money. For that reason, taking part in an online forex trading simulation is essential for the long-term success of any trader. The lower the experience level of a trader, the longer that trader should be actively involved in online simulated forex trading.

Before using a simulated forex trading system, it is important that the system is a live simulation program that provides lifelike results. The forex trading simulation system should allow the trader to execute practice trades at prevailing market prices using real time, streaming data.

Our simulated forex trading program meets all these requirements and more. Before putting real money to day trade currencies, a trader can sign up for a 30-day demo that provides lifelike executions, streaming charts, technical analysis, news, market commentaries and other features. The program could also be used to simulate day trading. A snap shot of the forex trading system running in simulation mode is provided below.
The example above of the forex trading simulator shows three currency pairs that consist of four of the major foreign currencies: the US Dollar (USD), the Swiss Franc (CHF), the Euro (EUR), and the Japanese Yen (JPY). The real-time, streaming graph shown is a candlestick graph of the Dollar / Yen (USD/JPY) exchange rate in 10-minute periods. The graph is enhanced with a technical analysis study consisting of 10-period and 20-period Simple Moving Averages and a horizontal channel between 120.2906 Yen and 119.9100 Yen.

Whether you are an experienced stock day trader or a novice to the trading world, you could benefit from taking our online forex simulated trading program for a test drive. See how good you are at forex trading by using our online currency trading simulation. If you have any questions about simulated forex trading or any other of our services, don't hesitate to contact us about forex simulated trading.

Learn Forex Trading

Gone are the days, when people with small bundles of notes surely would draw your attention at the airports/ international bus terminus/ important office areas, who are ready to exchange your currency to your desired foreign exchange at a commission. The literacy, the spread, the entrants of various professionals, automated software, revolutionary online forex trading companies have been able to put a control over the entire unorganized sector to pave the way for complete professionalism and to offer a much more convenient and systematic way of Forex trading. At the inception phase, people, mainly the large corporations used to perform their Forex trading through various banks or major financial institutes, who used to operate at the international level. The overwhelming popularity of Forex of today's modern world due to the liberalization and global economic polices is empowered by the telecom boom, the immense reach of Internet and the unimaginable advantage of advanced technology. The instantaneous effect and up-to-date news provided by the Online Forex Software exchange trading platform in the regime of online Forex, have given you the classical opportunity of taking decisions and immediate implementation. Online Forex trading has been standardized over the years after the initial teething problems, and today's Forex participants get an almost secured access through various online Forex trading companies, which is free from all encumbrances. The technology, its application in case of online Forex has been drastically improved with the increasing awareness of people at large. The success lies in bringing a wider gamut of people into Forex trading platform and in turn the entire Forex Software exchange trading platform has become commercially viable. If we want to look into the current Foreign Exchange market, we can find a reasonable number of stakeholders beyond the predominated traditional Multi National Companies or MNCs, banks, brokers and the final impetus has given by the wide acceptance of a large number of commoners, who get engaged in Forex trading due to various reasons including even as a mere hobby. The latest encryption methodologies and plenty of guide and trend analysis will make you secured and comfortable even if you are a first timer dabbling into online Forex trading. The concept of margin trading, implying the traded on margin, saves you for a huge amount of deposit in the Forex. The margin deposit varies between banks and it is always in percentile terms of the original amount, which the bank allows you to play. A simple example will show you the actual potential. Suppose a bank has kept the margin deposit as 2%, which implies that you need to deposit only $20000 USD to trade two million dollars and also you may gear up your profit by 200%. As the coin has got two sides, the 2% margin deposit in Forex may also take you to the road of losses by 200%. The rule remains same, when the offline Forex trading changes it face to online Forex trading. As every investment carries the potential risk of both profit and loss, the luck of an aggressive online Forex trader may sway anywhere between 2 to 25% on a daily basis on an average. Just for the knowledge base, the beginner in Forex trading must be aware of that the interest rates on your deposit varies greatly depending upon the currencies and the prevailing practice is to play in multiple currencies, popularly known as Base currency and variable currency in the world of Forex both in traditional platform and in online Forex platform. Your awareness level, your analytic power, your intuition are the key driven forces to transform you to an informed Forex trader and to optimize your Return on Investment (ROI) in the most prospective financial market of today's economic world

How To Be Successful Forex Trader ?

Today there are many people in the world that are using Forex to make money. Forex trading is buying and selling currencies to make profit from it. It can be a great money making business if you can do it right. It is the type of business that you can make thousands of Dollars each month if it is done correctly.There are some major advantages to Forex Trading.
* The long hours that the forex market is open, it trades 24 hours a day for 6 days per week and is the most liquid market in the world. So even if you have a full time job you can still come home and trade. It is a great way to start out, paper trade build up confidence start achieving financial success then you can leave your current job.
* It doesn't matter what the market is doing as you can just as easy go long (buy currency) or go short (sell currency) so there is never a bad time unlike buying stocks. The liquidity means that you have no problem selling.
* You don't need thousands to start. The reason that you don't need massive bank balance is because you can use leverage, in some cases you can get 400:1 so if you have $1000 you can leverage that into $400,000, which can make for great profits. Also you don't pay brokerage or commissions. If you are looking for a great Forex Broker feel free to visit us and we can show you the best forex brokers in the markets.
* The market will never go broke. Unlike share trading where companies can collapse it is very unlikely to happen in Forex. Imagine if the USD was worth $0, so you can see very unlikely.
* If you are new to the foreign exchange market, you do not have to worry about spending thousands of dollars to learn or buy a course. There is online forex trading course that will explain how the forex market works and a forex tutorial will also explain about fundamental and technical strategies that are available to you as a forex trader.
* Work your own hours if you don't feel like trading then you don't have to, it will always be open tomorrow.
* To learn Forex Trading is very simple today all you need is a computer and forex broker
* To ensure that you can become successful in Forex Trading make sure that you get some education, as knowledge is power. You can start out learning online or through books it doesn't have to be through expensive course.
* Have Fun and enjoy it.

Forex Trading - The 3 Biggest Lies

Everyone that is involved in Forex Trading for awhile would have all heard these 3 misconceptions about Forex Trading, but beginner traders continue to fall for them. These are also some of the reasons why many Forex Traders end up going broke.

So how can we avoid these common traps and make money from Forex Trading?

Firstly lets look at the 3 areas to avoid when you are starting out Forex Trading.

Making Regular income and Profit:

This is misconception number 1.

Think about this for a moment how can you make regular income from something that changes as frequently as the Forex Market. No matter how great the system is the market simple changes all of the time, how often have you been in a well trending trade only to see something strange occur and a nice profit turns to a break even or worse a loss? So the next time you see or hear of someone saying make x% profit every month's run!

Ability to Predict Forex Prices in Advance

This is misconception number 2.

This is the biggest crowd puller, think about it can you see into the future? No. No matter how great the theory, how well it has been back tested you still cannot have a theory that works 100% of the time. Think about it if there was a theory that worked 100% of time we could predict future results. So the theory would need to take into account, all interest rates cuts and rises, speeches from the banks and monetary authorities as you can see highly unlikely. No Impossible.


Make Massive Profits minimal Exposure:

This is misconception number 3.

Many of us would have seen systems advertising the make 100% gains and have less than 1% drawdown. This is not reality and you can see the real results to support this outrageous growth rate to drawdown that has been audited.

So consider this and Improve your chances!

The common fact to trading is that over 95% of all traders will lose their money and the ones that do believe at least one of the above

So how you can become successful as a forex trader is understand that you can make profits in the long term, that making money is going to be up and down and that Forex trading is a game of odds not certainties. They also understand that to make money you need to take risks, the old saying of risk versus reward.



If you want to get involved in Forex trading and win you can, by getting a good solid Forex education and good Forex mentoring. In some cases you can find a Best Forex Brokerthat can assist you. If you are looking for a great Forex Broker, look at the CFD FX Report they have recently researched all the Forex Brokers and have come back with who they believe to be the best.

You can win and enjoy huge rewards for your effort, if you understand the challenge of Forex trading and what the reality really is. If you understand this, you're on your way to long term currency trading success.
Also make sure that you have a good trading plan and stick to that trading plan.

Forex Trading Systems Scam

Have you ever encountered an online promotion for a forex system, strategy or software? If so, I bet that the promoter promises great wealth in no time, something like " this incredible system makes $3, 000 a day " or " I am making money in my sleep using this automated trading software " and so on. Very tempting for some of us. And as this " Forex Systems " hype is relatively new, even veteran traders ask themselves whether these systems are for real.
The exactness is that some of these forex merchandise are indeed total scams. But absolute is again not logical to foresee that ALL of them worth nobody. Luckily, we live in the hot poop ticks, locality a scam cannot hold office close for spun out. So if you encounter a forex system, strategy or software for sale, conclude not carry lazy and search the net for relevant blogs, forex forums and reviews. If the product is a scam, you will familiar conceive physical quite delicate. However, lease ' s spiel that you treasure a decent, reliable Forex System - what rap you assume from sound? Will positive well deliver? Fine, flying start by commercial the following questions:
Am I disciplined?
Most traders purchase a first-rate trading system or software but operate not have the discipline to trade according to the system ' s rules. Some traders achieve not credence the system they have tried bought and endeavor to chicken feed the rules from day one. Others certainty the system prime, but next a few bad trades source losing confidence and contract apprehensiveness and attraction genie their decisions. I itch admit - substantial was very insolvable for me to faith a system that was created by someone too many. Solitary when I tacit the logic late the system I began to fashion confidence, traded stow away discipline and somewhere made profits.
Are my expectations fitting my ration?
The size of your trading invoice will halt your lifelike profit expectations. If you have a mini account ( a keep of between 500 to 10, 000 US dollars ), irrefutable means that for trading the EUR / USD, a 1 pip movement in your favor equals 1 US dollar in profit. So if you are a very rad trader stifle a very superb trading system, a stupendous trading point veil a total of 500 pips hike, equals US$ 500 in profit. I guess you cannot quit your job yet. But if you have a one million dollar account, you can definitely earn US$ 1, 000 per pip. So it takes only 3 pips to make US$3, 000 a day. I hope you get the point.
Do I have enough knowledge?
Even the best system is operated by a real person. And each trader is a unique individual. Consequently, if you ask a group of traders to trade the same system, under the same conditions, you will probably get totally different results. Yes, some traders do make money in their sleep using profitable forex systems, but the human factor will always be there. So get yourself a good trading system, but do not stop there. Be ready to acquire a sound knowledge in forex trading and keep expending your knowledge over time.

Baron and Budd Mesothelioma Lawyers Sponsor Distribution of Mesothelioma E-book

Thanks to Generous Support of Baron and Budd Mesothelioma Attorneys, CURE Media Group’s Understanding Mesothelioma Now Available on Amazon.com, Proceeds to Benefit the Asbestos Disease Awareness Organization.

Dallas, TX (PRWEB) November 07, 2012

To help bring information mesothelioma patients and their families about mesothelioma in a more convenient way, the mesothelioma law firm of Baron and Budd is sponsoring the e-book release and distribution of CURE media group’s book Understanding Mesothelioma. Previously available as a physical copy, Understanding Mesothelioma is now available for the Amazon Kindle, Barnes & Noble Nook and Sony e-reader for $9.99. Proceeds from sales of the book will go to the Asbestos Disease Awareness Organization (ADAO), an independent non-profit organization dedicated to preventing mesothelioma and other asbestos diseases through advocacy, education and community and, ultimately, to banning the global use of asbestos.

Understanding Mesothelioma, the first in a series of cancer-specific books from CURE media group, offers mesothelioma patients and their families a comprehensive and in-depth look into the causes and treatments of this deadly but rare cancer caused by asbestos, in-depth treatment information, legal options, caregiving assistance, survivorship and other valuable information for those dealing with mesothelioma. Most importantly, Understanding Mesothelioma continues CURE’s mission to translate complicated medical information into patient and caregiver-friendly materials to help patients and caregivers make effective treatment decisions.

Baron and Budd mesothelioma lawyers have an established history of giving back to the mesothelioma patient community. The law firm was an executive advisory board member and cornerstone of the International Mesothelioma Program (IMP) at Brigham and Women’s Hospital and has generously donated to the Asbestos Disease Awareness Organization (ADAO) and others. The firm’s President and Managing Shareholder, Russell Budd, is the only attorney with a seat on on the Foundation Board of the National Comprehensive Cancer Network (NCCN).

The e-book Understanding Mesothelioma is now available for sale on Amazon.com for the Kindle, BarnesandNoble.com for the Nook, for the Sony e-reader and through the I-Tunes store. Hard copies of the book are available at CURE’s website and the Baron and Budd website. http://baronandbudd.com http://www.mesotheliomanews.com

About Baron & Budd, P.C.

The national mesothelioma law firm of Baron & Budd, P.C. has been “Protecting What’s Right” for asbestos sufferers and their families for nearly 40 years. As one of the first law firms to successfully litigate an asbestos lawsuit, Baron & Budd continues to actively represent veterans, industry workers and others who are suffering as a result of exposure to asbestos. Contact Baron and Budd at 1.866.855.1229 for additional information on mesothelioma treatments, mesothelioma cancer doctors and treatment centers and mesothelioma attorneys.

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Selecting a Good Mesothelioma Lawyer

Although going into trial is not what you want to worry about during the battle of mesothelioma lung cancer, it is crucial not to cut corners in this department. The first step of appointing a mesothelioma lawyer will put things in order in your quest of filing for compensation.

Most lawyers will undertake your case on a contingency basis, which mean that you do not have to worry about legal fees unless you win. Once a compensation has been awarded, your lawyer will get a cut after deducting all other expenses, usually in the range of 30 to 40%. Make sure you work out this arrangement with your lawyer so you don't have to pay upfront. This arrangement will also motivate your lawyer to work harder to help you.

Because this sector is very lucrative, with compensation claims ranging in the millions, there are an influx of lawyer that may not have what it takes to win. Establishing your eligibility for compensation is often tedious and time-consuming, so you need a lawyer with experience and the expertise to help you claim your money as soon as possible. Bear in mind that compensation often pay for the medical fees incurred in mesothelioma treatment, and getting them in time is fundamental in assuring you get the best medical attention possible.

Often time people get influenced by big offices and marketing ploy of lawyer firms. They tend to take the easy way out and leave everything to their lawyer without first surveying what they got themselves into. It is important to know that due to hectic schedule, lawyer firms sometimes channel your case to another smaller firm for commission, or they may even hire an outside helper to manage your case. Also, big firms will sometimes pass cases to their junior staff, while their best attorneys attend to bigger, more profitable cases.

In all of these scenarios above, the law firm credibility no longer apply to your case, since they are not the one that actually handle your file. Be sure to ask who is the person handling your case and whether it will be pass to another firm or outsider to manage.

What is this person's background?

Is he or she a specialist in mesothelioma only or not?

Since when has this person been involve in mesothelioma lawsuits?

How many cases were handles each year?

What are the winning rate for previous cases?

Are the any precedent cases similar to yours and what are the outcome?

Have this person undertake a case such as yours and what was the verdict?

What are his or her current cases?

How long on average did it take to settle those cases?

What are the average compensation won by this person?

Article Source: http://EzineArticles.com/1371730

Forex Trading Should you Be Trading in Forex Now?

Forex dealing or Forex Trading as it is better known is all about investing your money into other currencies, so you can gain the interest for the right time period of time or the difference in dealing currency all around. Forex trading does involve other assets along with money, but because you are placing in other countries and in other businesses that are dealing in other currencies the cornerstone for the money you make or lose will be dependent on the trading of money.
Constant Tradin is done in the Forex Market as time zones will vary and the markets will open in one country while another is near closing. What occurs in one market will have an effect on the other countries forex markets, but it is not always bad or good, sometimes the margins of dealing are near each other.
A forex market will be present when two countries are involved in dealing, and when money is traded for goods, services or a combination of these things. Currency is the money that trades hands, from one to another. Often times, a bank is going to be the source of forex trading in, as millions of dollars are traded daily. There is nearly two trillion dollars traded daily on the forex market. Should you get involved in forex dealing? If you are already involved in the stock market, you have some idea of what forex trading really is all about.
The stock market takes buying shares of a company, and you watch how that company does, waiting for a bigger return. In the forex markets, you are purchasing items or products, or goods, and you are paying money for them. As you do this, you are gaining or losing as the currency exchange differs daily from country to country.
To better condition you for the forex markets you can learn nearly trading and purchasing online using free 'game' like software. You will log on and create an account. Entering data about what you are interested in and what you want to do. The 'game' will allow you to make purchases and trades, involving different currencies, so you can then see first hand what a make or loss will be like. As you continue on with this fake account you will see first hand how to make decisions dependent on what you know, which means you will have to read about the market changes or you will have to take a brokers data at value and play from there.
If you, as an individual want to be involved in forex dealing, you must get involved through broker, or a financial institution. Individuals are also known as spectators, even if you are investing money because the amount of money you are placing is minimal compared to the millions of dollars that are invested by governments and by banks at any given time. This does not mean you can't get involved.

Forex Trading - An Introduction

Forex trading isn’t strange words for those who looking forward to make quick profit in the financial market. Most investors will have at least hear or read about Forex trading. If Forex is a new term to you, please do read the Introduction to the Forex market before proceed reading this Forex trading article.

Forex trading is said to be the highest risk with highest return investment (or speculation game to be more accurate) in the financial market. The amount traded in the Forex market is much larger than any stock market or even combining few stock markets. Forex trading is simply a world wide trading market running 24 hours from Monday to Friday.

Everyday, there are new Forex traders entering into trading Forex. Some of them don’t even fully understand how Forex is traded but have already trading Forex. They are not idiot who want to burn their hard earned money, it’s just because Forex market is simply too lucrative market to enter with extreme high return. Any Forex traders can easily make a double return just in few minutes time trading Forex.

Forex trading is the trading of buying or selling certain currency. For example, buying US Dollar, then selling it later at a higher price to gain profit. Forex traders may also first sell US Dollar and later on buy it back at a lower price with the same gaining profit. It’s simple strategy of selling price minus buying price to make profit. In Forex trading, we just treat currency as a good, buy it and sell it.

You might now think how can Forex trading make huge profit just by selling and buying currency? Forex is traded using margin, Forex traders don’t need to full amount to buy any currency. For example, Forex traders just need 1000 Dollar to buy up 100,000 Dollar. This allows any Forex traders to make huge profit with little money.

Another important factor that any Forex traders can make huge profit is the high fluctuation for currency. Every day every seconds, the currency exchange rate is moving up and down, the Forex exchange rate fluctuate more heavily whenever there is any important economic data being released.

Forex trading is simply sounds too easy for anyone to make profit in very short time. But before you committed into Forex trading, it is strongly advised to have full understanding in Forex trading. Do read up other Forex trading articles in this website and share Forex trading knowledge in the Forex forums.

How Much Does an Asbestos Attorney Cost?

Asbestos is a naturally occurring fibrous mineral, which is mined just like lead or copper. It's used for insulation or as a fire retardant, but not as extensively as it was in the past. Mesothelioma is a rare but deadly type of cancer caused by inhaling asbestos. People with mesothelioma or other asbestos-related illness can sue for payment of their medical bills, lost wages and other costs, including -- in some cases -- punitive damages.

About 70 to 80 percent of mesothelioma cases are people who worked in manufacturing plants, according to the National Cancer Institute; other cases are family members of factory workers or residents living near the manufacturing plants, and a few individuals have had mesothelioma without any known exposure to asbestos. Mesothelioma is rare; about 2,000 new cases are reported each year in the US.

Typical costs:

    Asbestos and mesothelioma attorneys usually work on a contingency basis, not charging any advance fees and paying all upfront expenses; once you get paid they take anywhere from 33-40 percent plus reimbursement for all expenses. Typically if you don't get any money in a settlement or court judgment, you don't owe any legal fees or expenses. The exact percentage varies by geographic location and whether the case goes to trial or is appealed. According to media reports, a typical mesothelioma settlement is $1million ; the attorney would earn $330,000 -$400,000. For cases that go to trial, the media reports that the average mesothelioma award was $6 million in 2001; legal fees would be $1.99 million-$2.4 million.
    Expert medical and technical testimony is required in most asbestos and mesothelioma cases; costs start around $10,000 -$25,000 and quickly go up. Typically these expenses will be paid by the attorney and reimbursed from the settlement/judgment.

What should be included:

    The mesothelium is a membrane covering most of the body's internal organs; in mesothelioma, the cells of this membrane divide without control or order, invading and damaging nearby tissues and organs. The American Cancer Society provides a detailed discussion of malignant mesothelioma.
    Because the average survival time for mesothelium is about 1-2 years after diagnosis, many courts will put these cases on an accelerated track, scheduling court dates as soon as possible. The process can include discovery, depositions, investigations, expert testing and reports, and negotiating. Many mesothelium and asbestos cases are settled out of court or during the trial; it's unusual for these cases to go all the way to a verdict. For those that do go to court, a California attorney estimates the average trial lasts about a month. However, the losing side can appeal the verdict, which may delay the final outcome for months or even years. If the patient dies before a final agreement is reached, it may be necessary to file a wrongful death suit.
    An asbestos attorney specializes in litigation about all aspects of asbestos-related diseases, including mesothelioma. Mesothelioma attorneys are highly specialized asbestos lawyers who only handle cases involve this specific form of cancer.

Shopping for an asbestos attorney:

    Ask detailed questions about the attorney's experience with asbestos and mesothelioma cases. LegalCatch.WordPress.com explains how to interview and choose an asbestos/mesothelioma lawyer.
    Search for asbestos or mesothelioma attorneys at FindLaw.com.
    Your attorney should provide you with a written fee agreement. Be sure you understand the contingency fee structure, when and how the fees will be deducted from any settlement/judgment your receive, and what other costs might be paid out of your settlement/judgment.

What Are Mesothelioma facts ?

•     Mesothelioma is a cancer that arises from the cells lining the chest or abdominal cavities.

•     Mesothelioma typically results from exposure to asbestos.

•     When mesothelioma affects the chest, the doctor may look inside the chest cavity with a special instrument called a thoracoscope.

•     When mesothelioma affects the abdomen, the doctor may look inside the abdomen with a special tool called a peritoneoscope.

•     Mesothelioma is diagnosed by a biopsy.

•     The outlook for patients with mesothelioma depends on how early the disease is detected and how aggressively it is treated.

Things That Cut Your Auto Insurance

You may already know the importance of shopping around to score the best rate on your auto insurance premiums, but did you know that certain factors (or the absence of them) could cause your insurance premiums to rise?

To understand what makes your insurance premiums spike, it helps to understand the basic nature of auto insurance: Insurers make money when they insure drivers who don't have accidents, and don't make claims. They lose money when the opposite happens. As such, it is in the insurer's best interest to predict driver risk factors as accurately as possible. When any of the following factors are present in your life, they indicate an increased likelihood that you, as a potential auto insurance policyholder, may have an insurance claim that will cost the insurer money. To compensate for the increased likelihood of a payout, insurers charge you more money in the form of a raised premium. Here are six things that spike your auto insurance.

Buying a New Car
Because a new car as an asset is worth more money than an older model, it will cost more to replace. Additionally, if you finance or lease your new car purchase, most lenders require you to carry full coverage at a stated level, which makes it impossible to skimp or strategize only on the coverage you need. You can be wise about how your new ride will impact insurance premiums before you buy. According to a recent study by Insure.com, the cheapest new cars to insure tend to be larger, sturdy models such as minivans, SUVs and trucks. Don't assume that premium boosts come only with a flashy sports car or other high-priced model. The study indicated that the Honda Civic, for example, commands higher insurance rates simply because it tends to be driven by younger, childless owners who are inherently deemed riskier than parents. Further, it's one of the most stolen vehicle models in the United States.

Increasing Your Commute
Long commutes to work don't just cost you in time and fuel; they'll also boost your auto insurance premiums. Again, the risk is much greater that you'll get into an accident when you're driving during rush hour. Further, if you are in a profession that involves frequent driving, like a pizza delivery person or salesperson, you'll pay for the increased time that you spend in the car because more time spent driving increases the risk of an accident.

Moving
Though actual risk is determined by the zip code you live in, city residents statistically have more accidents, which drives their premiums higher than those who live in rural areas. Additionally, more people living in an area means more claims, which is reflected in the higher premium prices in such places. If you've recently taken up residence in New Mexico, Alabama, Oklahoma or Florida, expect to pay higher premiums. According to the Insurance Research Council, these states have the greatest concentrations of uninsured motorists, which ultimately seeps into insured drivers' premiums.

Marital Status and Age
If you're unmarried and without children, you're considered part of a higher-risk category than married couples with kids. If you're 26 or younger, and male, you'll pay even more.

Dumping Your Auto Insurance
If you ditched your auto insurance in an effort to save some money, you've committed a classic case of being "penny smart and pound-foolish." Not having any auto insurance, even for just over 30 days, will cause your premiums to jump.

Having a Brush with the Law
Having no accidents or tickets will lower your auto insurance premiums and, as you might imagine, having either or both could raise them. When and if you'll see the spike is largely determined by your locale and your insurance provider. Insurance companies use a "merit plan" system. Most insurance companies periodically scan for recent traffic violations, whether you are a new or existing customer. After you commit a traffic violation and your insurer learns of it, your auto insurance rates could be higher for the next few years.

The Bottom Line
Auto insurance rates are often based on factors out of your immediate control, including age, occupation and accidents. Understanding what factors cause your auto insurance rates to spike can help you to shop around for a more competitive provider before you receive a surprise rate increase. It may also cause you to rethink some of your current driving habits.

How The Insurers Decide Your Auto Insurance Rate ?

When shopping for the best auto insurance rates, you'll find a recurring theme in the information that prospective insurers collect in order to quote the cost of a premium. Common questions such as your name, social security number, zip code, car make and model, and estimated miles driven each week, are probably expected. However, other inquiries around your lifestyle, education level, occupation and number of children may surprise you, given that they have seemingly little to do with auto insurance. Here's the inside scoop on how insurers decide your auto insurance rate.

Categorizing to Predict Risk
Accurately predicting risk is the foundation of the auto insurance industry. When insurers take on clients who make claims because of an accident, vehicular theft, damage or similar events covered under the policy, it costs the insurer money. The fewer claims an insurer has to pay, the better the company's bottom line is. However, the auto insurance rests on the unknown. To eliminate the uncertainty, insurance companies rely on predicting the risk that you as a potential customer present, to arrive at the premium you'll pay.

Barring a longstanding relationship you may have with your insurance agent, however, most auto insurers only spend about 15 minutes with you before providing a quote for coverage. While that isn't enough time to understand how responsible or risky you truly are, it is enough for an auto insurer to gather the answers needed to run a statistical analysis that determines risk, and calculates a premium appropriate to cover the potential cost of offering you auto insurance coverage.

Insurers use different predictive modeling techniques to separate customers into categories, based on the questions noted above, to arrive at an expected average loss per group. In its simplest form, where you stand in various groupings determines your "ballpark" pricing. Beyond the broad "buckets," there are personal factors that can either lower or boost the auto insurance rates you'll pay.

Your Finances
While all insurance companies, and the states they operate in, vary in their regulations and policies around how your credit information is used, and to what degree it impacts your premium price, your financial health does play a role. Auto insurers arrive at a credit-based insurance score (CBIS) based on various pieces of financial data, which might include bankruptcy, foreclosures, liens, payment history, credit accounts in use, outstanding debt, length of credit history and homeownership.

According to an FTC report gathered in 2007, most insurance companies use some form of a CBIS in assessing risk, especially for prospective customers with whom they have no past history. Despite the influence that your CBIS plays in what you pay for auto insurance, most insurers use a proprietary formula that is kept closely guarded within the company. In short, you'll never know exactly how much your credit score helped, or hindered, your auto insurance rates. While having "bad credit" probably won't lead an insurer to a flat-out denial of your application, maintaining good credit and paying bills can also cost, or save, you money on auto insurance.

Your Lifestyle
Married people are perceived as less risky than single people, as are couples with children versus those with none. If you're under the age of 26 and male, you'll pay more for auto insurance. Your occupation and education play a role, too. Some occupations, such as engineers, teachers and scientists are statistically less risky. People in these careers may pay a lower auto insurance premium.

If you're currently enrolled in high school, college or higher education, and are receiving good grades, then your hard work can lower your auto insurance rates, too. If you belong to an alumni association or certain professional organizations, you may also qualify for a "group" relationship that can actually lower your premiums. If you carry other types of insurance, like a homeowners' insurance policy, and you're willing to switch the coverage to your auto insurance provider, it can lower your rates, too.

Where, When and What You Drive
New cars will almost always cost more to cover than older cars because they cost more to replace if damaged. Individuals who drive long commutes to and from work pay higher premiums, simply because more drive time means greater odds of vehicular damage or collision. The duration of time you've held a license, and your driving record dictates premiums positively if you've got a history of very few traffic tickets or accidents, and negatively, if you've had legal issues as a driver. Lapses in auto insurance coverage of more than 30 days will drive your premiums upwards, too.

The Bottom Line
Shopping around for auto insurance rates is the first step to finding competitive auto insurance rates, but greatest control over rates starts with you: Be a responsible driver and avoid costly accidents and tickets. The fewer claims you make and tickets you receive, the lower your auto insurance rates will skew.

Via:Investopedia

The High Price Of Speeding

Speed limits may be inconvenient, especially on those days when you sleep through your alarm or you really, really need that designer cup of Joe to get your day off on the right foot, but these posted limits aren't arbitrary numbers designed to restrict your autonomy. Speed limits are heavily researched controls meant to reduce road fatalities and accommodate for road conditions. Ignoring them not only negatively affects your ability to operate a vehicle safely, but can cost you money in other areas as well.

Determining Speed Limits
Every state has a Department of Transportation (DOT) with a State Traffic Commission (STC) that is responsible for setting speed limits on certain state-maintained roads. Individual towns and cities have their own Legal Traffic Authority (LTA) that sets their own speed limits, and sometimes even have to obtain approval from the state DOT before implementing them. States and cities consider several factors before setting speed limits and these factors can vary.

Generally, the first factor taken under consideration is the 85th percentile speed. According to the state of Washington, this is the speed that 85 out of 100 drivers choose on their own, as measured by special traffic counters. Additional considerations must be made for traffic volume, accident history in the particular location, number of lanes and other road conditions, such as the presence of hills and curves.

Price Tag One: The Speeding Ticket
The first thing many people think of when they decide to drive faster than the posted limit is the possibility that they may be caught and receive a ticket. It's understandable that this harbinger of financial doom is what looms largest in most speeders' minds, because tickets are expensive. According to CNN.com, the average cost of a ticket, including court fees, is about $150. The faster you're driving and the lower the speed limit of the area you're speeding in, the more your ticket can be.

Price Tag Two: Insurance Premiums
Speeding is a moving violation, and moving violations are not looked upon kindly by insurers. After receiving a speeding ticket, even if it's just one, insurance companies can raise your rates for as long as three years. Depending on the severity of your violation, you could be looking at a 10% to 25% increase.

Price Tag Three: Paid at the Pump
While it may be a pleasure on the autobahn, speeding in the U.S. doesn't generally mean setting your foot down hard on the gas and keeping it there without interruption until you reach your destination. Instead, speeding generally means rapidly accelerating, breaking in order to avoid hitting other vehicles or running red lights and then re-accelerating once the opportunity presents itself again.

According to the Department of Energy, this kind of driving can lower your vehicle's gas mileage by as much as 33% on the highway and 5% in town, which means more trips to the gas station. The actual compromise in gasoline that you experience will depend on your vehicle, but Department of Energy studies show that most drivers can expect to pay an extra 19 cents to $1.26 per gallon when speeding.

Price Tag Four: Pollution
Studies in Germany have shown that driving at slower speed limits lowers emissions. If you're concerned about the environment, however, then there's even more you need to do to change your car's footprint. In 2009, Virginia Tech researchers found that there were some traffic calming measures that actually increase fuel consumption and emissions. These included stop signs and speed bumps. The reason these were environmentally worse than enforcing a static low speed limit or introducing traffic circles was that bumps and stop signs increase the likelihood that a driver will accelerate aggressively.

Price Tag Five: Health, Life and Property
If there's one thing that trumps every other cost of speeding it's the impact that speeding can have on an innocent person's life, health and property. It's one thing for a driver to disobey posted driving regulations and harm him or herself; it's another thing when that decision to speed hurts another driver or passenger.

According to the National Highway Traffic Safety Administration, speeding has been found to be one of the highest contributing factors in traffic crashes. The NHTSA's 2008 Traffic Safety Facts report estimates the cost of speeding-related crashes to be $40.4 billion per year. It also states that 31% of all fatal crashes in 2008 were caused in part by speeding.

In addition to the potential fatalities that result from speeding, one should also consider that an accident related injury becomes a pre-existing condition in the eyes of a health insurance company and can mean that an individual faces much higher health insurance premiums. In addition, property damage and bodily injury liability claims to the speeder's insurance company will result in higher premiums, the payment of a deductible and could impact future insurability.

The Bottom Line
Considering the toll that speeding can take on both society and your wallet, it's easy to see why speeding is a bad idea. The next time you drive and are tempted to top the posted limit, ask yourself if the risk of tickets, increased insurance premiums, property damage, or injuring or killing another person is worth arriving at your destination just a few minutes sooner.
Via: Investopedia