Archive for June, 2010
Casino Wall Street: A Trader’s Seven-Year Education in Delusion and Deception
Product Description Casino Wall Street: A Trader’s Seven-Year Education in Delusion and Deception recounts the author’s experience of trading the markets for seven years, and of losing a small fortune in the process before finally giving up. Aside from the dismal odds of success for the average “outsider” trader/investor, the author explains the reasons why the financial markets in general, and Wall Street in particular, are nothing more than giant slot machines, and like any casino are the very worst places in which to trust your money. The reader will learn that the word “trust” has no meaning and doesn’t exist in the vocabulary within the Wall Street culture and it’s practices. This book ends with a discussion of alternative investments that are very profitable and far better and safer than anything one could hope for struggling to extract and keep profit from the Wall Street insiders. An overview is presented of what the financial markets are, how they work, and it covers some important reasons why it is so difficult for the vast majority of participants to extract net profit when actively trading them. The enticement, and the dangers of trading the so-called “derivatives” – options and futures contracts – are also discussed. Factors that influence how and why the markets behave the way they do are discussed in some detail, and nefarious, ethically-questionable methods that the well-capitalized “insider” individuals and brokerage firms employ to impose unfair advantage over the “trading masses” are exposed in ways not seen in other books on this subject. Brokers are discussed, and their questionable methods of making money regardless of whether the customer makes or loses money are covered. The reader is taught to detect the scammers in the industry, and covers the methods they use to lure people to their worthless “amazing systems” for making stock market riches overnight. The author makes a compelling case, and explains in frank and brutal detail the many reasons why it is practically impossible for well over 90% of aspiring traders to succeed in the brutal business of day and swing trading, and even long term investing in the financial markets. He relates his own experience to illustrate and drive home the toxic psychology and mental torment that is routinely evoked by the exercise in futility associated with the work of trying to make and keep profits trading stocks and their derivatives. In the latter chapters the author lays out alternatives to the financial markets that are moderately to very profitable and light years safer, acknowledges the worst kind of loss that is a consequence of feeding the Wall Street monster (it is not financial), and ends with a plan for an American future without Wall Street that all of us can and should carry out to successfully rid ourselves of the monster. Read this book first, before you are lured into the trap of trying to extract income from Casino Wall Street!
Casino Wall Street: A Trader’s Seven-Year Education in Delusion and Deception
Latest Cross Currency Trading Auctions
MAKE THE BEST OF THE MARKETS FOR YOURSELF:
* Learn to profit from financial markets quickly
* Get up to 75% return on every trade you make
* Trade currencies, the NASDAQ, gold, oil and more
* Enjoy secure, simple and enriching trading every time
E-mini Trading Course.
Learn How To Trade S&p 500 And Nasdaq-100 E-mini Contracts. Joint Venture Offers Welcome.
E-mini Trading Course.
Cross Currency: Technical Outlook 6,30
Currency Crosses: Technical Outlook 06-30
The Yen crosses may see corrective rallies begin near current levels.
Read more on Daily FX via Yahoo! Finance
Forex Euro Dollar Chart – How to Do It
Forex Euro Dollar Chart
Scheme of steam flow Forex is a very important tool in the arsenal of forex trader. Graphics card just a story about what specifically makes the currency pair over a certain period of time. You can over the past 10 years and last 10 minutes. He is able to read and understand the plot really is a skill all players must develop forex, if you expect success.
Every forex chart will have the forex pair it depicts on it, whether it’s EUR/USD, USD/CHF, etc. For example, a CHF/USD chart will give you an idea of how the Swiss Franc and the US dollar are doing relative to each other.
Along the bottom of the chart (the X-axis) will be the timeline. The period may be 15 mins, a day, a week, or even a month. The time period can be chosen by the trader. There are incremental amounts on the left-hand side (Y-axis) which depict the value increments of the pair. For example, a EUR/USD chart may show 1. 2541 at the bottom and 1. 2571 at the top. The middle of the chart is where all the action is! It tells you what is happening right now. A forex OHLC chart will be a series of “ticks” and each “tick” will represent a certain time period (ie 15 mins, an hour, a day, etc) Generally, each tick will show four important pieces of information. Forex Euro Dollar Chart
Integrating Your Forex Robot Into The MetaTrader Platform
Alright, so you’ve graduated from demo trading and cursory market research and you’re ready to trade live. You’ve opted to go a with a forex broker that works on the MetaTrader platform, which most forex brokers currently do, and you’d like to find a forex robot to help you in your quest to make a lot of pips. Fortunately, this will be one of the easier things you do early in your trading career because most forex robots are compatible with the MetaTrader platform. If the developers behind a forex robot were foolish enough to create a product that wasn’t compatible with MetaTrader they would be eliminating a vast portion of their potential customer base because MetaTrader is so widely used by forex traders all over the world.
So popular and highly regarded is the MetaTrader platform that it makes it harder to find a forex robot that is NOT compatible with this platform than it is to find a robot that can be fully integrated into MetaTrader.
MetaTrader
Principles of Economics
Product DescriptionWith its clear and engaging writing style, PRINCIPLES OF ECONOMICS, 5E, continues to be one of the most popular books on economics available today. Mankiw emphasizes material that you’re likely to find interesting about the economy (particularly if you’re studying economics for the first time), including real-life scenarios, useful facts, and the many ways economic concepts play a role in the decisions you make every day.
Share this Post[?] FOREX-Euro rises broadly on easing fears of bank funding
FOREX-Euro rises broadly on easing fears of bank funding
* Banks borrow 131.9 bln euros from ECB, less than expected
Read more on Reuters via Yahoo! Singapore News
Latest Day Trading Training Auctions
MAKE THE BEST OF THE MARKETS FOR YOURSELF:
* Learn to profit from financial markets quickly
* Get up to 75% return on every trade you make
* Trade currencies, the NASDAQ, gold, oil and more
* Enjoy secure, simple and enriching trading every time
Any idea of transaction fees on interbank forex broker?
Any idea of transaction fees on interbank forex broker, or any other broker . i want to have an idea before I start trading. . . . . . .