Thursday, October 11, 2007

Make Forex Education Your Top Priority

I have been doing a ton of reading this summer. This is not atypical for me. Reading is a way to continue my education and renew my focus on the task at hand. I have recently been exposed to several Forex training evaluation sites, as well attended some of those FREE Forex workshops you see on Papers (some of them are still calling me!). It got me thinking

… “What advice can I provide to all those who are eager to learn the currency market with all that information out there without getting burned?”

I have come up with 3 Golden Rules to follow when evaluating currency training opportunities.


1. Know Thy Self – This is probably the most important advice I can provide. There is good training and bad training. Often the worst training has the best marketing plans. First figure out how you best learn information. Are you the type of person that can read a manual on rocket science and build a spaceship or are you a person that needs to be shown things through personal instruction and repetition? Figure out how you receive and process information and align Forex training source that fits your method of learning.


2. Don’t Believe the Hype – There is no golden system and it will take considerable effort to trade currencies successfully. Accepting these realities before embarking on your Forex Journey can save you tons of money and more importantly time spent climbing up the learning curve! If it sounds too good to be true, then it probably is. This should be no surprise! It is buyers beware market out there. Look for a Forex education company that can provide you with some solid aftercare resources.


3. Be Realistic – It is a journey and all good journeys take time to develop and flourish. This can be a remarkable journey, but one where you are apt to lose your account a few times before you surrender to the market and learn to take what the market is offering for profits that day. Listen to recommendations, but make decisions based on your own criteria, because in the Forex market this skill will serve you well!!

When reading internet-based sales letters or infomercial or forums, just remember that everyone has an opinion, but in the end the only one that matters is your!!

Happy Trading!!

Wednesday, July 04, 2007

Forex Trading Tips | forex signal system trading

Question:

Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it?

This two-part report clearly and simply details essential tips on how to avoid typical pitfalls and start making more money in your forex trading.

Answer:

  1. Trade pairs, not currencies - Like any relationship, you have to know both sides. Success or failure in forex trading depends upon being right about both currencies and how they impact one another, not just one.
  2. Knowledge is Power - When starting out trading forex online, it is essential that you understand the basics of this market if you want to make the most of your investments.
The main forex influencer is global news and events. For example, say an ECB statement is released on European interest rates which typically will cause a flurry of activity. Most newcomers react violently to news like this and close their positions and subsequently miss out on some of the best trading opportunities by waiting until the market calms down. The potential in the forex market is in the volatility, not in its tranquility.

The second and final part of this report clearly and simply details more essential tips on how to avoid the pitfalls and start making more money in your forex trading. Watch out for the concluding part of Forex trading tips soon.

Friday, March 02, 2007

Chelsea striker Drogba named African Footballer of 2006

Drogba took the honour for the first time after captaining his country to the African Nations Cup final where they were beaten on penalties by hosts Egypt. Ivory Coast also reached the finals of the World Cup.

Ivory Coast and Chelsea striker Didier Drogba was named 2006 African Footballer of the Year on Thursday, edging out Samuel Eto'o of Cameroon to deny the Barcelona marksman a record fourth successive award.

Drogba, 28, took the honour for the first time after captaining his country to the African Nations Cup final where they were beaten on penalties by hosts Egypt. Ivory Coast also reached the finals of the World Cup for the first time last year while Drogba won the English Premier League
with his club side.

Chelsea team mate Michael Essien finished third for the second consecutive year in the poll of Africa's 53 national team coaches. Last year, Eto'o pipped Drogba by two votes in the closest race in the award's 36-year history.

Drogba turned the tables on Eto'o this time, securing 79 votes against his rival's 74. Ghana midfielder Essien polled 36 votes as coaches gave three points to their first choice, two to their second pick and one point to their third.

Drogba's success came four days after he scored twice to help Chelsea beat Arsenal 2-1 in the League Cup final, taking his tally for the English season to 28 goals.

Chelsea move

The Abidjan-born striker spent much of his youth growing up in France where he played for Le Mans, Guingamp and Olympique Marseille before moving to Chelsea in 2004. Drogba is only the third English-based footballer to win the award after Nwankwo Kanu, then of Arsenal, in 1999 and Senegal's El Hadji Diouf, who was with Liverpool when he took the title in 2002.

Eto'o helped Barcelona to a Champions League-Spanish Primera Liga double last season and finished top scorer at the African Nations Cup finals. Essien, whose appearance attracted thousands to the city stadium in Accra, had an outstanding campaign as debutants Ghana reached the last 16 of the World Cup in Germany.

In other awards on Thursday, Olympique Marseille defender Taye Taiwo (Nigeria) was named best young African footballer while Ghana were chosen as international team of the year. Egypt's Al Ahli took the club prize and their Portuguese boss Manuel Jose was coach of the year.

Peter Obi Seeks Transfer of Tenure Case to Appeal Court

Anambra State Governor, Mr Peter Obi yesterday requested the Federal High Court, Enugu where his suit on tenure interpretation is being heard, to refer his case to the Court of Appeal for determination.

Obi’s argument in the case against the Independent National Electoral Commission (INEC) is that since he was declared the rightful winner by the Appeal Court over three years after he was wrongly declared the loser of the election, he ought to begin his four year tenure from the date he was sworn in as governor of the state. At the Fedderal High Court yesterday, Obi’s counsel, Dr. Onyechi Ikpeazu (SAN) argued that the question of proper determination of the Anambra Governor’s tenure in the present circumstances was "recondite" as it has not been pronounced upon by any court in Nigeria.

Ikpeazu who cited many cases before the Court presided over by Justice A.O. Faji, said he has fulfilled all necessary conditions in his application for reference to the Appeal Court. He argued that the issue raises a substantial question of law, explaining that its determination was very important to the constitutional development of the country. Referring the case to the Appeal Court, according to him, will assist in speedy determination of the case considering its circumstances.

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