Monday, September 21, 2009

Stock trading trick- sell high and buy low to pay off debts

The financial markets have still not stabilized and investor sentiment has been badly hit. Investors are still reluctant as the rate of unemployment has remained high following the recession. Debts have piled up too and many have used the proceeds of their investment for paying off debts. For instance stocks and debt consolidation are difficult to club but there are many investors that have used the profits they earned from their investment for paying off debts.

If you are planning to make use of the investment you have made in the stock market to consolidate your debts, tread carefully as the markets are still volatile. And under such circumstances, you need to watch how the markets are turning out to be. If you are not able to predict the movement of stocks in the market, take help of an experienced stock broker. The mantra of success in the stock market is to buy stocks at a lower cost and sell them at a higher price. However, there may be times when the price of stocks nosedive. And so do the returns. It is a good market for buyers but the sellers are at a loss.

How can the stock market help you in debt consolidation?

When you sign up for a debt consolidation program, you take the help of a debt consolidation firm that can help you to consolidate debts. The debt consolidation firm you hire will either charge fees from you or will charge very nominal fees. Taking help of professional in solving your debt problems can help you to attain financial freedom fast. This is because the debt helps professionals know how creditors operate in the debt help industry and guide you accordingly.

When you enroll for a debt consolidation program, you have to make payments as per a new repayment schedule. So, you need to shell out some cash each month. If you have an additional source of income that you earn from the stocks, it can help you in consolidating your debts and making payments each month. This is how debt consolidation and stocks help you in solving your debt problems.

There are real, live people behind currency trading

The Internet offers an abundance of information about investing, currency trading, forex market, about how, when and what to do to earn more money in the easiest way possible. The “information highway” is practically a gold mine for traders that have a lot of experience and for beginners that need articles, tips and glossaries to get ahead. So much to see and so much to do…One should be worried that all these people (that are looking for information and for knowledge or are offering it) forget that behind the computers there are hearts beating and brains thinking, and blood pulsing through veins.

The useful information that is found on the Internet about foreign exchange, charts, capital risks, currencies, brokerage, and transactions isn’t just a virtual world separated from reality. It is other people’s experience, thoughts and feelings. The articles written about this subject represent their time and effort to supply novelty, to help, to guide their fellow readers. And those to whom they address their knowledge are people too. The Internet is actually people’s humanity, their strive to contribute, even a little to man kind.

Currency trading isn’t impossible to learn as one might imagine when encountering problems. Trading difficulties aren’t a reason not to invest anymore. These procedures and words were invented by people (who have weaknesses, who are sometimes foolish, sometimes too ambitious or who want to take advantage of your own faults), but for the people also. And, because you, the reader, are here to use their information you are proving yourself to be human. You should now endeavor to understand what others have so much worked to teach. Yes, you might stumble upon different terms that place you in a difficult situation: Wash trade, Whipsaw, vostro Accounts and abbreviations like: EDI, ECU, EMS, EFT, G7 or G10. But you will also find the answers to all of your questions from the same people that use these terms.

Currency trading speaks about money and finance and business, so about people and their wishes of great wealth. Trading in general talks about human psychology — something that should be taken into consideration usually. The risk that exists in trading has a direct effect on the trader. Therefore bad transactions are made because of hesitation, fear of making a choice that might lead to loss of money and lack of faith. The advice: “trade only as much as you can afford to lose” was given just because of these reasons. Currency trading has less to do with psychology than other trading systems, but it still reefers to people and the way they think.

So human weaknesses can be taken advantage of (you can profit from someone else or someone else will profit because of you). The good aspect of currency trading is that buying and selling currencies is safer than other risky markets because the psychological factor weights less here. But, if you want to make sure that you are in control of the situation, don’t forget you are human! Read articles and lose the weaknesses!

There are hundreds of interesting titles on the net: “Currency Trading, Advantages and Disadvantages”, “Online Currency Trading is a reality”, “Learn Currency Trading, Forex Strategies, Forex Software, Forex Investment”, “Make your own story of currency trading success”, “Risks in Currency Trading”, “Trading currencies is easy for everyone”…. There is so much free information about any aspect of the investment world that if you ever lose money because of lack of knowledge you won’t have any excuse. Learn from what you read and “knowledge will set you free” (in this case make you rich!) Don’t even think for a minute that you are wasting your time reading because you are actually investing right now.

If you don’t know where to start (you should click here for some tips and articles) think of the keywords that are mostly used for the foreign exchange market: “Currency trading” and “Forex trading” and use these terms together with the word “article” in the Google search engine. Google will display 222,000 and 608,000 links to sites that have categories or articles referring to this topic. You can enjoy your readings thinking they will actually be useful.

Don’t forget you are human and you need discipline, planning, management and information to get rich. You are behind Currency trading and you need to know how things and other people work before making any investment. If risk is not your business than wisdom should let you know that no one can guarantee 100% earnings without any loss. You are the one investing your money so you should first learn to do this and then be prepared for anything. Investment winnings are just as unpredictable as people are.

What's The Fuzz About E-Currency Trading

You keep hearing about this money making system that requires no selling, only an hour a day (max) and no special skill.

Yeah right.

At least that's the first impression for someone who has been in the internet for a while.

Enter E-Currency Trading.

What if you were able to provide the liquid capital for "Internet Money" so that it could be used with as a backup or “real money”?

You can make around 1.5% to 4% in daily interests on your capital for doing that. My eyes almost popped out. You can gain coumpounding interest for a starting investment as little as 50 bucks.

Depending on your background, it may be a little hard to believe that you can take $100 and turn them into $800 in less than 45 days. I'm 21 years old and it was tought for me to believe it. You're actually putting your money to work. Yep, it happens. And it takes no special skill. After all, your money is the one doing all the hard work.

There is a downside, of course. It’s a very complex system to grasp at first. In fact it can be overwhelming if you don’t know what the heck you’re doing. Open an account here, another one there, buy some stuff here buy some stuff there. You could go insane trying to figure it out by yourself.

I was lucky enough to do it the simple way. If someone guides you step by step, with a visual image of how he uses the system Every-Step-Of-the-Way,

“do this, open this account, then open this other account, put your money here, transfer it here, and see how it grows”

When someone takes you by the hand like that and teaches you, it just become too easy. All I did was watch a video, do Exactly like on the video. Watch the next video, do exactly what you see on the video. Watch the next video and... well you get the point.

The great thing about E-currency Trading is that you and I and everyone else does the same thing to make money. We all take the same path. If you’re heading this way, if you’re interested in learning about e-currency trading, I can recommend you take the smart way and learn the system instead of trying to figuring out for yourself.

When you decide to learn currency exchange the smart way, the rewards are higher in a shorter time frame, without really having a learning curve because you are learning it directly from a source that is already generating income for themselves.

Remember the law that says that the shortest path between two distances is a straight line.

Currency Trading: Finding Your Niche

Currency trading is quite similar to trading stocks on the market. While you may or may not have any familiarity with those options, you should know that trading in this form is quite popular and it keeps gaining in popularity. There are many reasons for that, but in most cases it is popular because it works and is quite straightforward which makes it very well worth your time.

Currency trading is a method of trading based on the value of currency. In most cases, the world’s economy is the judge of how much you can and will make. This is different than with stocks which rely heavily on the United State’s economy. In this case, you are dealing with world markets and world currency rates.

The basis is very simple. You simply will purchase currency at a time in which it is worth less. For example, the dollar is worth more. You purchase low and then as the economy strengthens in that country, you can sell to make a profit. Basically you turn in your money for dollars again.

But, that is quite a simplistic look at it. There are many things that influence currency trading. What makes it attractive to anyone, anywhere is that you can invest pennies or quite a bit of money. Obviously you can make more money, the more you invest, but you still make money either way. Currency trading is a market that many are looking to get into for that very reason.

There are many currency trading options available to you to help you as well. You will find that people often have a system in place to help them monitor and make sales. This software is able to be found throughout the web and can be quite beneficial if you want to do the trading yourself. If you do not, you can easily get the help of any of the currency trading advisors out there. It’s a great opportunity!

Currency Trading On A Margin

The overall sucess of the FOREX market is made possible today because of margin. Without this important principle, the average investor would not be able to participate in FOREX at all. So what is margin exactly?

1. Trading On A Margin

In order to trade on a margin, you must set up a margin account. With a relatively small deposit you can start trading large amounts of currency. Establishing a margin account with a FOREX broker enables you to borrow money from the broker to control currency lots that are usually worth $100,000. The amount of borrowing power your margin account gives you is the leverage. 100 - 1 means that with a single dollar you can control $100 worth of currency.

2. Increased Profits Also, Losses

As you might be able to extrapolate, you will be able to control $100,000 with just a $1,000 investment. Of course, you are borrowing money from the broker in order to do this, and any slip ups can end up costing you bigtime. The potential exists for the trader to lose more than his original deposit. Usually brokers will terminate a transaction that extends beyond the margin deposit.

3. The Benefits Of Margin Trading

With exponential buying power, your potential for more profits exists. FOREX currencies are traded in much smaller units than cash. The American dollar, for example, is traded in units down to 4 decimal places. Instead of $1.32 FOREX quotes are seen as $1.3256. The smallest unit in FOREX currencies is called the pip. Even a small change from 1.3256 to 1.3356 represents a difference of $100.

4. Wipeout!

You have to be extremely careful when working on a 1% margin account. A currency change in even a penny can lose your entire $1,000 investment, but if the opposite is true you can stand to make $10,000 dollars from one penny.

5. Limiting Your Losses

To limit your losses, you might want to set up a stop loss order. Stop loss orders automatically close your position if the value of the currency crosses a pre-determined point. One risk that is often overlooked is your broker closing your account on you. This can be potentially disasterous if the currency you invested in suddenly rises in price and you are unable to sell.

What Is Currency Option Trading?

When people think about the currency market, they think of the foreign exchange market but that’s not the only currency trading market. There is also the currency options market.

Currency options market deals with buying and selling the rights to buy and sell a set amount of currency in a specific time frame. That means that a person will have the right to sell a set amount of money in a given time frame at the present currency rate. So there is a great risk involved in making money.

Because the foreign currency market is opened twenty four hours a day, the currency option trading market stays open the same hours as well. That makes it the sole option trading market to do so.

Likewise, since the foreign currency market is unpredictable by nature, the currency option market will be the same to a certain extent. Dealing in the currency option market can be compared to betting. The question on you mind is; if you made this amount for the right to sell how much can you get back?

Unlike foreign current trading where you must make your decisions fairly quickly, the currency option trading is based on a set date so you do have a little more time, which is helpful.

Also, currency option trading is more flexible. You are able to shift your financial situation before the specific date of trading. Therefore, the currency market could be regarded as a safety net when in doubt about the foreign currency exchange market.

Dealing in currency options trading, you must be able to look on a bigger scale and see how events affect the market. You are working with possibilities of the future. The foreign exchange market may change many times before the date you are able to sell. You will be constantly on watch in order to move when the time comes.

Another thing that is necessary to deal in this market is access to the correct information. Contacts are important. One such example is, if a country has a coup, you might think that the currency will go down. However, if you have a contact, you may find out that the new government is progressive and is making changes that would help the currency.

As you can see, the currency option market is a little bit different from the foreign currency market. This kind of trading relies on the foreign exchange currency market but deals with the big picture.

Minimize Your Forex Trading Risk Through Forex Training

There are many ways to fail in trading and investments. Unforeseen market fluctuations, lack of experience, unpredictable political changes (as well as a faulty internet connection) can all reek havoc with a first time trader. But once equipped with proper Forex training you can begin to minimize this risk, and turn potential pitfalls into gains at every turn.

You’ll soon see the benefits, too. Apart from the fact that the Forex market never sleeps, you’ll also be able to cash in on both rising and falling markets. It sounds like a fantasy, but since currencies trade in pairs, a good investor can make as much by selling a particular currency as buying it. When you buy (go ‘long’) you are in fact be able to sell (go ‘short) the other half of the pair. One value increases as the other goes down. It isn’t quite as simple or straightforward as it sounds, but that’s where training in Forex comes in. It will help you to spot the right currency to go long with and the right one to go short, anticipatory of the changes and entry/exit time.

Once fully trained, you’ll also benefit from the famously low transaction cost which Forex boasts for its investors. There is generally no brokerage commission cost with this kind of set-up. There is the added bonus that Forex is not directly correlated to the stock market – it deals purely with individual currencies and how they contrast. The foreign currency market has little to do with the stock market, and as long as the outlook is positive, a currency change can always be converted into successful buying or selling for the trader in question, regardless how the market appears to a casual observer.

Forex training will introduce you to the foundation of this market - its international conglomerate of traders and dealers. They consist mainly of multination banks in touch directly with their dealers and holders through the internet and telephone. As such, there are no physical environments to act as the market floor, which usually tie any trading post (such as the New York Stock Exchange and its relationship with the equity markets) to the problems faced by non-digital, real-time organisations. Forex succeeds precisely because of its 24/7 status, and has come to be known as an OTC (over-the-counter) market, much like NASDAQ. As an investor, you will soon discover the tactical benefits of this approach.

As a Forex trader, you will also be struck by the fact that no one can corner or alienate certain aspects of the foreign exchange market. Because the business is so large, with so many participating members, there is very little chance of an individual – even a group of companies – holding sway over one portion of the marketplace for any sustained period. This is truly a trader’s market, and once you begin your Forex training, you’ll get used to the countless benefits and wonder why you didn’t take the plunge before!

The Excitement Of Online Foreign Currency Trading

Excitement on a computer, for some, until recently has been regulated to porn or computer games. Now there is a way to find excitement on the internet and generate money as well. That is by becoming an online foreign currency trader.

This is not changing dollars of local currency when you are on vacation. This is a business that trades about 1.3 trillion dollars a day currently and continues to grow. In fact, foreign currency trading is one of the biggest financial markets today.

It’s the internet and the speed which information can be at a trader’s fingertips that causes the currency values to fluctuate and that gives online trader the thrill of relying on instinct to make choices.

Because the market is on the internet, information is disseminated equally at the same speed. No one trader gets information faster than another. This gives you time to make good decisions.

Another bonus of online foreign currency trading is that it operates twenty four hours a day. This allows you to be more flexible. You can get updates no matter where you are. So people who are put off trading because of their jobs can participate online on the foreign currency market.

There are many foreign currency trading sites all over the Web. For the most part all you need to do is to register and you will be able to start immediately after. For those who are worried about the difficulties of understanding how to go about trading on the market, there is training available on these sites. They will help you set up and learn how to start making decisions on when to trade.

To be a successful foreign currency trader you must be confident, have good instincts, understand the risks you take with your money and enjoy the thrill of relying on your guts.

Must Know Forex Trading Strategies

To be a successful FOREX trader you need a trading strategy. There is no one set strategy that is good for all traders; rather, each trader needs to develop his or her individual approach to the FOREX. Some traders rely solely on technical analysis while others prefer fundamental analysis, but many successful FOREX traders use a combination of both to get a broad overview of the market and for plotting entry and exit points.

Technical analysis relies on one key concept: Prices move by trends. The common saying in FOREX is 'The trend is your friend.' Market movements have identifiable patterns that have been studied over many years and a thorough understanding of these trends and how they can be read forms the basis of a good trading strategy.

There are many analytical tools available to understand market movements. The beginner FOREX trader is well advised to study each one separately for getting a working knowledge of their concepts and application. Once one has been understood, keep on using it while studying others. Each tool tends to reinforce the others.

Support and resistance levels are used in many FOREX trading strategies. 'Support' refers to the price level that is repeatedly seen as the bottom – when the price reaches this level it tends to rise. Resistance levels are upper prices that the currency rarely trades beyond. Support and resistance levels contain price movements for a period of time.

When currency prices break through support or resistance levels, the prices are expected to continue in that direction. For example, if the price rises above the previous resistance level, it is seen as bullish – the price should continue to rise.

To find support and resistance levels, price charts need to be analyzed for unbroken support and resistance levels. Charts can be analyzed in any time frame; however longer time frames establish more important support/resistance levels. Traders can use support/resistance levels to determine when to enter or exit a transaction.

Moving averages are another common tool in FOREX trading strategies. The simple moving average (SMA) shows the average price in a given period of time over a specified period of time. Moving averages serve to eliminate short term price fluctuations giving a clearer picture of price movements. FOREX traders can plot a SMA to determine when prices have a tendency to rise or fall. If prices cross above the SMA they have a tendency to keep on rising. Conversely, prices below the SMA have a tendency to continue their downward motion.

These are two examples of trading strategies that can be used individually or in combination. In practice, the FOREX trader should have a repertoire of trading tools to examine market conditions and to support the findings of one study or another. If several indicators show that the market is moving in a particular direction the trader can act with more assurance than when relying on a single indicator.

Similarly, fundamental analysis can be used to reinforce technical findings, or vice versa. Ideally, the FOREX trader will take several indicators into account when plotting a trading strategy.

Every trading strategy should provide clear guidelines about when to enter a trade, what to expect in terms of market movement, when to exit a trade, and how much loss can be accepted in case the deal moves against the trader. Following these simple guidelines and learning about technical analysis can help you become a successful FOREX trader.

Trading Foreign Exchange the Black Box Way

There’s an ongoing debate among financial experts about the determinants of portfolio returns. Some maintain that asset allocation accounts for up to 90 percent of long-term gains. Others are convinced that low costs are the magic bullet. Probably the best course of action is to keep your eye on both.

What this means is that investors with a high, or even moderate, tolerance for risk might consider allocating a tiny portion of their portfolio to commodities, including foreign exchange, commonly called forex.

Indeed, lackluster returns in the fixed income and equity markets over the past few years have sent investors in search of alternative investments like real estate and commodities. So not surprisingly, experts in foreign exchange trading have stepped up the marketing of their wares to savvy and neophyte investors alike.

Among these experts are forex black box traders. These professionals have a proven track record of success in trading foreign exchange. Their services are especially attractive to people with little knowledge of the vast and idiosyncratic foreign exchange market – those who are comfortable relying on forex trading experts to lead the way.

The black box approach refers to a computerized system that automatically executes trades based on an algorithm or strategy. A forex black box trader develops a proprietary model through historical analysis of trading patterns. The trader then applies the model in real time to a computer program that generates buys and sells 24/7 in the global foreign exchange markets – hopefully at a profit but, of course, there’s no guarantee.

There are three types of black box trading models: fully disclosed, gray and undisclosed. A fully-disclosed model reveals all about the technical indicators that trigger trades and the relationships among various indicators – so investors know exactly what prompted a trade.

The gray box approach discloses only some of the indicators that spark trades. And with undisclosed black box trading, nothing about the model’s logic is known – so either the investor has a lot of confidence in it or so little money at risk that this leap of faith won’t keep him or her awake at night.

It may seem counterintuitive, but there are good reasons for forex black box traders to operate on an undisclosed basis. To do otherwise could invite other traders to replicate the strategy. So for the average investor, the most relevant consideration is the profitability of a particular black box model.

Proponents of black box trading think that this quantitative approach is the only way to make money over the long term – and that taking emotion out of the equation in this way is key. In a volatile market, even seasoned forex traders react emotionally and sometimes change course. Black box trading is probably a good solution for investors who can let go and let the model’s discipline prevail.

Besides removing the human emotional component, there are other practical reasons for developing computer models to capture profits in foreign exchange trading. For one, it’s a 24/7 market – and the computer never sleeps. So whenever the optimal conditions specified in the model present themselves, you’re virtually guaranteed an execution.

And, unlike the equities markets, the forex market is very fragmented. There are scores of banks that make markets in currencies. Combine this with the explosion in available trading data (quotes, bids and offers) and the need to make split-second decisions – and it becomes clear why working with a forex black box expert is a practical way to participate in this market.

If you’re considering forex black box trading, be sure to use a trading system that features a demo account you can easily download and use without providing a lot of personal information. This will give you a chance to trade on a trial basis before you allocate a larger sum to the foreign exchange portion of your portfolio. Also, make sure the system has a track record of profitability.

Be wary of systems that require significant up-front fees to get started. This could be a red flag that the system is locking in its returns right away – but you may end up struggling to turn a profit. Most reputable systems offer a money-back guarantee if you’re dissatisfied.

The bottom line: If you’re an investor with a medium to high tolerance for risk, foreign exchange black box trading could add a new dimension to your diversified portfolio.

Monday, January 19, 2009

Coins and Coin Collecting

Your guide to getting the very best from your coin collection.


Coin collecting can be started as simply as getting a special state quarter for your birthday. Or you may use a coin collection to help you visualize the history of your state or country.

Use this site to discover tips and tricks to help grow your coin collection, present your coins to their best advantage. Find help on grading your coins, including when to use an expert coin grading service. Discover how to use a computer program to make cataloging your collection quicker and easier.

Whether you are just starting out with coin collecting or are an expert numismatist, you'll find tips and tricks for making the most of your coin collection. Everything from slabbing coins to protect them from the elements through to valuing your coin collection.


About Coin Collecting


The study and collection of coins is called numismatics. Coin collectors are amateur numismatists. It has been a popular hobby for hundreds of years. Coins have always possessed a unique mystique. They are valuable, decorated with artwork and part of history. Every coin collector gathers coins in a different way. Some collect every variety of a single type of coin. Others collect the finest example they can find of each type. Still others just gather whatever catches the eye. There are as many philosophies of coin collecting as there are collectors.

History of

The first coins date back to the 7th century BC. Coinage developed in China, India and Asia Minor, then spread around the world. Coins have been made of wood, shells and other materials, but they are most commonly made out of precious metals. The value of these precious metals are what first made coins collectible. They were hoarded as a way to save money when coins were scarce. Later coins grew to be appreciated for their artistic and historical value. Kings commonly put their faces and names on coins to validate their rule. Coins also feature artwork that represent themes important to the culture. As the hobby evolved, coin collectors also prized coins for their value and rarity.

Type

There are many different types of coin collectors. Some collect coins from a specific country, while others collect from nations around the world. Some collectors specialize in ancient coins or discontinued coins. There is a group of collectors who seek error coin, those that have mistakes on them. Still others collect one coin of each type. These are called type sets. Coins can also be collected by theme: for example, coins with animals or trains on them. A vast majority of coin collectors accumulate a little bit of everything.

Identification

Every coin can be identified by the categories it falls into. These categories include the country of origin, denomination, series, year, variety and the mint where it was made. Slight differences in a single category can result in a drastic difference in the rarity and value of a coin.

Benefits

Coin collecting is a long appreciated hobby. Families collect coins and hand them down to subsequent generations. Coins change very little from year to year and century to century. There is something thrilling about holding a coin that was circulating during the lifetime of Lincoln or Napoleon or Julius Caesar. Coins can also appreciate in value. As precious metals get more expensive, coins made out of them are worth more. As coins get older and rarer, they also increase in value. Old coin collections are often sold for staggering profits.

Risk Factors

The more valuable coins become, the more criminals try to take advantage of unwary collectors. There are many convincing counterfeit coins floating around the marketplace. Many of these coins can only be spotted by professional coin graders. Collectors must be careful to only buy authentic coins. Sometimes coins are damaged or cleaned. This reduces their value. Coin values are in large part determined by their grade. This is a designation of the quality of the coin. Many coins are overgraded and therefore overpriced. Grading is subjective, but there are some guidelines. Be sure to have a coin graded objectively before buying it.

Coin Supplies

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It does not take a wizard to see that our expansive inventory and ability to track down more esoteric coin supplies for our customers translates into the widest selection of coin collecting accessories on the Web. As you browse our growing array of coin collecting supplies for both experienced and novice collectors, you will quickly realize that our “secret potion” is to have a little fun while delivering our customers the very best in discount coin supplies and accessories with an unmatched level of service. Our goal is to make your coin supply buying experience with WizardCoinSupply.com fun as well as efficient!

From Intercept shield boxes to Dansco albums to Capital Plastics coin holders, the latest coin books, professional coin collecting software, digital coin scales, and everything in between, we have the coin accessories you need at the best prices. In fact, our price matching plan guarantees that you will never pay more for your supplies when you do business with us.

Coin Collecting Supplies for Every Collection... From Coin Albums to Tubes

We have all of the popular brands and sizes of coin storage supplies, including coin holders, coin flips, and coin tubes in stock and ready to ship to you today. If for some reason you cannot find your preferred coin collecting supplies and accessories among our inventory, please let Razi know. We are always happy to make quick-turnaround special orders for our customers with the same great service and discounts seen on our popular in-stock items. Whenever necessary, we are quick to expand our inventory of discount coin accessories to include the products you need.

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If you need help determining which coin supply item is best for your situation, just ask Razi (our resident coin collecting Wizard). Razi will help you find the correct and most cost effective coin accessories for your needs. He works very hard to ensure that your buying experience with WizardCoinSupply.com is always pleasant and rewarding.