Life advice for 30+ year olds

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You’ve probably heard traders or economists talk about “the Forex market” dozens of times. Since the late 1990s, it has become somewhat of a financial buzz word. But what does this acronym actually mean? It’s a combination of “foreign” and “exchange” – and it refers to the largest market in the world – which is the market for currencies.

Just as you have investment brokers to manage your portfolio, you may find it advantageous to sign on with a Forex broker. If you have decided to go that route, then there are a few basic considerations that you may want to keep in mind as you search for just the right currency broker to help you do well in the market.

When it comes to Forex currency trading, there are some basic character traits and lifestyle elements that need to be in place in order to make a go of this type of trading. Here are some examples of traits and conditions that should exist in your life before you embark on a round of currency trading.

Should you by FOREX advice from a guru or mentor? Many novice traders think they should do this and it’s easy to make money but you need to be very careful of the FOREX advice you buy as, 99% of advice sold on the net won’t give you profits. Here are some pointers on getting the RIGHT FOREX advice.

If you want to catch the really big trends there is a key tool for FOREX Trend following that you should use. If you use this tool then you will have a much better chance of catching and holding the really big trends that can yield the big profits of $10,000 or more. So here it is-

How will you know when to start trading a market again after it has taken a so-called”‘vacation?” What to look for in deciding to leave a market.

Learn how to create a Forex Trading System and be profitable in your trading month after month.

In this article you will be introduced to the power of Fibonacci Analysis in trading and a secret method of Fibonacci time analysis.

FOREX trading looks easy yet few succeed. If you are thinking of trading FOREX then you need to consider the fact 95% of traders lose their equity quickly. FOREX trading is difficult as it means you have think and act in a totally different way and adopt a different mindset to win.

Look at the current rise in the price of Gold from about $20(~1900) to somewhere around $800 (early 1980’s). Today in 2007 we see Gold returning to about $650 US. So remember when the reference for Gold is given for a creek in California in 1900 US Dollars the typical price back toward 1900 was $20. Gold has been a precious metal for as long as humans can remember. The reason it is precious is that it is universally accepted as a monetary exchange medium, it’s useful, beautiful and hard to find. It is said by some that most of the world’s gold supply has been removed from the ground and melted into bars and coins, but in reality only 1% to 20% has been taken….

Foreign exchange trading can trace its history back to the Middle Ages when international merchant bankers first devised the system of using third-party transferable payments in the shape of bills of exchange. However, the real growth of the Forex market took place as a result of events during the twentieth century.