Posts Tagged ‘Truth’

State of the Economy: The Ministry of Truth

The Blog Entry that Accompanies this Vlog is at: investorandtrader.blogspot.com My Daily Blog is at: investorandtrader.blogspot.com My Podcast is at: airelon.podbean.com and embedded in the daily blog. Where are we at? What’s going on with the economy? Everything seems upside down. This is the first in a series of entries, where I’m going to talk about where I see possibilities for the economy in the next 12 monthsNOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance
Video Rating: 4 / 5

Options Trading Strategy – Discover the Truth In the back of Choices Trading Methods

Make Money Stock Options Trading Strategies System Review

Option trading was as quickly as probably the most least standard forms of investment. Now, an increasing quantity of buyers and buyers are the use of this strategy. Choices buying and selling will additionally be quite rewarding as lengthy as your choices are well-thought of and grounded on sound research. Comparable to all other investments, option trading includes an portion of risk. So, what’s all of it about?

Buying and selling in option contracts may give flexibility in placing bets on explicit marketplace outcomes. It is difficult and downright tough, particularly if you haven’t got any previous wisdom about the market otherwise you should not have a transparent thought when to make that proper sale or purchase. Option trading could be a very hazardous challenge for a new trader. While it is true that it may actually grow your cash in a brief span of time, you’ll give you the option to additionally lose big time for these who when you are not careful. Going into stock options is similar to placing your cash to a very powerful investment. In using this strategy, practice and familiarity of the market is a key determinant of success. Keep in mind of the next issues to do and look out for:

Most suitable at the record is finding out while to correctly negotiate. In case you are on the lookout for prime income, you may opt for long-term securities. But when you wish to have a shorter turnaround to your funding, stock choices is also the most productive alternative.

2nd, is to be to your guard with regards to out of the money transactions (OTM). Out of the cash transactions is generally now not for beginner traders as it relies on stock price movements. Everyone knows how difficult it’s to predict trends.

—–> Learn Options Trading

Third, build up your earning attainable by means of attractive in trade earlier. This happens while an investor decides to sell his choices sooner than its expiration date. For the explanation that liquidity is vita, looking forward to your options agreement to expire isn’t the standard apply in trade.

Fourth, never ever underrate the value of commodity stocks. The inventory market is dominated by means of stable firms but striking your cash in smaller but thriving manufacturers too can guide you to financial success.

Realizing the fundamental ideas in options buying and selling can provide a wealth of investment probabilities for you. Working out these strategies is not going to best help you in buying and selling deals, it could additionally give you investor confidence. You see, there are a variety of things that affect a a hit choice business, therefore, confidence is as a result of the wisdom and revel in within the industry.

Learn Options Trading Download

The Truth About Most Option Trading Seminars

Are you about to pay thousands of US Dollars to attend an option trading seminar this weekend?

Whether or not you have decided to join that weekend seminar, I hope I can help you make a more intelligent decision here.

A Grim Experience At An Option Trading Seminar

I had a friend who joined a weekend, 2 days, option trading seminar (a very well-known one by the way), promising that every participant will walk away with enough knowledge to profit at any market condition and be on their way to their first million just by option trading. He paid USD00 for the 2 days seminar and walked away feeling all hyped up but totally confused as to how exactly to start option trading. He was then told to sign up for an advanced course for another USD00 for 4 days. That 4 days seminar taught him little more than option trading basics and how to open a trading account but still completely no idea whatsoever as to how to read the market and pick stocks on which to trade options in the first place. He was then asked to buy a USD00 laptop containing a magical software that will tell him exactly what to trade daily. That software turned out about a hundred opportunities a day… again, he is totally confused.

After paying a grand total of USD,000, my friend had completely no idea how to start trading options consistently and you guessed it, he ran into another USD,000.00 in credit card debt which he is still paying 24% per annum of interest on. (Not to mention losing another USD00.00 on losing trades produced by that “magical software”)

The Truth About Most Option Trading Seminars

The truth about option trading seminars these days are that they are conducted by people who claimed to have made millions from option trading but are really making millions by conducting seminars like that.

Here’s a math from an internationally acclaimed option trading “guru” who charges USD00.00 for her 4 days seminars:

Cost Per Head : USD00.00
Average Number of Participants : 120
Average Number of Seminars Per Month : 2
Average Gross Takings Per Month : USD0,000.00
Average Gross Takings Per Year : USD.2 MILLION!
See how these option trading “gurus” are really making their millions?

What Option Trading Seminars Really Teach

Sadly, most option trading seminars have nothing magical nor proprietary to teach. Most of these option trading seminars simply teach people what option trading can do and how to do some of the common option trading strategies which anyone can learn completely for FREE on option trading sites like http://www.OptionTradingpedia.com .

These fake option trading “gurus” then use a lot of hype and motivational techniques to make all participants think that they have indeed stumbled upon a gold mine.

What Option Trading Seminars Are Not Teaching You

Option Trading, like all kinds of trading activities requires foremost for the trader to be able to pick the right stocks that behave within the predetermined limits of the strategy in the first place. You will lose money if you do a bullish option strategy on a stock that stumbles eventually and you will lose money if you do a neutral strategy on a stock that suddenly surges. The ability to pick the right stocks is the real key to any kind of trading, including option trading and that is exactly what you will not learn in most of these option trading seminars. This means that most of these option trading seminars really have nothing proprietary to teach anyone at all!

To make up for the gap, these fake option trading “gurus” make participants sign up for stock picking programs or buy expensive software which eventually still led to nowhere. Being able to pick the right stock for option trading is an extremely tricky task which the best in the industry are still trying hard to do consistently!

Everyone who learnt option trading must then begin the long and arduous journey of looking for a reliable way of picking stocks for option trading consistently. That is a long and wide journey which includes learning about fundamental and technical analysis, different scopes and methods of trading options and things like that… things that really do have proprietary knowledge and which is ok to pay a fair price for.

I am sad to see so many people who loves to learn about option trading fall prey to these option trading seminars and to pay thousands to learn things that can be learnt for free. That is why I started the http://www.OptionTradingpedia.com where I provide all the information and knowledge all beginners need to know what option trading is and how to trade options and I sincerely hope that the public can help me to help yourselves by spreading the good news around.

what is the truth about forex?

Question by amb: what is the truth about forex?
I traded succesfuly in a demo account for 3 months, now if i can make a 10 % monthly accumulated, then it seems like i can score a million in 4 or 5 years. now what’s the catch ??
i use scalping and also trade in 15 min frame trading, use several indicators, now there are several miths (or thuths i dont know) out there about forex: it’s a zero sum game !!! ecn dont manipulate your prices like market makers do!!! forex is a scam they hunt your stops and or manipulate prices, they delay your orders !! when you start making a lot of money they close your account !! they dont let you withdraw your money!!
It takes a little comon sense to realize that it is not a zero sum game since a currency pair that moves 100 pips in one direction from 1.2810 to 1.2910 ten guys can make ten pips each buying and selling each other. and even the last guy could probably buy for a longer position and hold for days or weeks with larger stops.
I also heard that things changes when you move from a demo to a real live account: with slippage and other problems.
Now with so many scams it is hard to make a desicion about what broker to choose.
FXCM, CITI, SAXO, CMC, CMS, OANDA, ETORO, FOREX.COM, GFT. Seems to be the best rated, but then again is so easy to fake a review, plus i found all of them to have negative reviews in some websites.
My question is what is the technical difference between a real and demo account, not the emotional of course when you trade a real one you risking hard earned money. i also found this link in wikipedia: http://en.wikipedia.org/wiki/Forex_scams
CFTC investigated more than 80 cases involving the defrauding of more than 23,000 customers who lost $ 350 million.
So im looking for somebody out there that has been trading succesfuly for more than a year, and tell me his/her experience regarding all this matters. What is the best broker, ecn and so on and on.
I appreciate any help and comments, best of luck.

Best answer:

Answer by mntndo
I too traded in a practice account before going live and never lost money. As soon as I went live with big margin I got wiped out, literally. I came back in and used very very little margin and was making over 1000% gains a day, yes literally. Amazing the second one uses big margin the action moves heavily the opposite direction. The big guys are trading Billions of dollars, you’re no match. If you must, use as little margin as possible and stay off the radar.

What do you think? Answer below!

E Currency Trading is a Scam-Learn the Truth

Ok so you are looking to make money on the Internet. Well first let me tell you about E-currency and why not to use e-currency. E-currency trading was a good stream of income and you will see a ton of people on the Internet offering books and guides on how to start up in e-currency exchange. I myself bought a book and joined the e-currency program. You will see that they never tell you what the program is because they want you to buy there book or whatever they are selling, with a little research you can learn the system very easily yourself with out there stupid book that cost $300. The second reason why you will never see them use the name is because the system is crashing and is falling apart fast. How do I know this? Because I am in the system right now! I have been waiting and waiting just to make one small stupid outxchange.

The system I am talking about is Dxinone. Yes this is the system that millions of people have fallen prey to and got scammed into buying a guide to help them out. Only to find out that the system is going under faster then I can type this article. They won’t tell you that on there website though because people are stilling buying into it, and they are still making money off of it. Well don’t waste your time let alone your money! If you don’t trust me fine join Dxinone and see for your self just how bad the system is. They said that I would make like .35 – .5% a day in the e-currency system. Well it’s hard to make any money when it takes 5 months to get your money out of the system.

I wasted my money away on e-currency and I do not want to see you do that. Instead I want to help you understand something that is better then the e-currency exchange system. Arbitrage Trading is something millions of people around the world are using to make money each day. How is arbitrage trading different from e-currency? Well for one with arbitrage trading you make more money. You make 1 – 10% on EACH trade you place. You can trade as much as you want each day there is not limit. With e-currency you’re only going to make .35 – .5% gains that is a small amount. With Arbitrage trading you get your money fast. I get mine in a few hours after the trade has been placed. You will NEVER have to wait days or weeks or even months to get your money like you would in e-currency. Arbitrage trading comes with all the same things e-currency does. You can do arbitrage trading from anywhere in the world. It requires little to know start up money, and you do not have to sell anything.

Unlike e-currency Arbitrage Trading is reliable, and is going to be around forever. Arbitrage trading will never crash and burn like Dxinone is. Arbitrage trading has been around forever. Here is another fact that I didn’t know about till it was to late. The e-currency course I bought was $300. You can sing up for arbitrage trading to use the software for only $139 so that’s less money coming out of your pocket, and more money your going to put in it.

If you want to waste your money and invest into e-currency fine go ahead but does e-currency let you try out the system then give you your money back if you hate it? No they don’t its stuck in their forever. Arbitrage trading allows you to try out there software for 7 days, and if you are unhappy in anyway they will refund your money back to you.

I was stupid and invested into e-currency. I put $400 into the system, and I have yet to get a penny out of it. I spent $139 for the arbitrage trading software, and I put $600 and now I am getting $200 a month out of the
Now Pay Close Attention –

On the next page you will find an automated Forex trading system system that has factual proof of taking an account from $5,100 to around $42,500. ==> How Everyone’s Making $300 Daily Letting Their Computer Do The Trading

So If you want to make over six figures while watching TV and letting your computer do the work then I strongly recommend that you to read everything on the next page before it’s sold out!

Visit this page ==> How Automated Software Turns $500 Into $9,742 Every 30 Days

Making Money In Forex Trading – Learn The Truth

The very word trading involves making money. Otherwise it would have been written as Barter Trade!

Forex trading certainly involves making money. Otherwise, who would want to enter into it? For charity? Forget it. Leave the charity part of forex trading to the World Bank or the IMF, which helps countries. And they too charge a fee, plus a whole host of conditions. So they are also trading!

Forex trading is putting the surplus currencies available with banks, financial institutions, and other authorised brokers, in the forex market, which functions throught the day and night through the year without any break. The surplus currency is marked up for say an x per cent which another bank, or institution in a different country needs to meet its foreign currency needs, and if the offer made suits that country’s institution, it would buy that currency for a negotiated price. That way money, which is what foreign exchange is all about, is made to work, and earn, and earn. The opposite is also true. Let’s assume that your bank is short of Japanese Yen which it needs to make up for a commitment tomorrow. It tries to buy at as low a price as possible, and offers dollars or Euros in exchange. The diference in the mark up of the currencies would help your bank reduce the cost of buying the Japanese Yen. This is known as arbitrage.

The difference in the buying and selling price is the profit earned. And it can be substantial. You are not dealing with millions here. You are dealing with trillions and trillions of currencies, of which nearly two trillion is the US Dollar.

Currencies are denoted by short names, as for stocks on the NYSE or the NASDAQ. It makes it easier for trades. USD stands for US Dollar CAD stands for the Canadian, AUS stands for the australian Dollar, JPY for Japanese Yen, EUR for the Euro, FF for French Francs, GBP for British Sterling Pounds, etc.

You can get into this market in three ways. The best choice of course is to use your bank to help you trade. They may have some minimum amounts involved. The second is to choose an investment institution or banker, which offer a investment plan which trades in currencies and stocks in a particular proportion. The third is yourself. In the last one, you need to check whether you are authorised or not under the law of your country.

Even if you are authorised by the laws of your country, it is advisable to use the first two options, while you should go on a spree of reading up about what makes currencies fluctuate from day to day. For example, you might find that today the Euro is traded against the Dollar for 1.25, and the next day it has moved to 1.26. What difference does that change from the second deciman digit 5 to 6 mean? What drives these changes, on what principles does currencies take short or long term positions, much as you take positions in the stock market? In stocks, you read the balance sheets, the quarterly reports, and the analyst reports on the industry, the country, and make your decision.

You have to do likewise for the currencies market. It’s fairly easy. Get a Grad book on Finances and you are sure to get one that explains it to you. Start with the basics. Learn the language, the mechanism, the system, the gaps, and then move to the higher level of education. Since it is a new area for you, you have to EDUCATE yourself.

Forget the scamsters offering you trades for $1. it does not even cover the cost of a sending out an email, so how come you are getting ‘thousands’? Stay away, and be safe.

The Delphi Scalper Truth – Is Forex Scalping Dead?

As a full time-trader and educator, I get a LOT of feedback from my students and customers.

What seems to be a very common theme is the issue of scalping, Yes, scalping (the act of entering and exiting the market VERY quickly and grabbing 15-40 pips on average).

And if you’re wondering why, the answer is simple. It’s because scalping, if done right, can be the fastest way to earn your entire day’s pay, before most people have even had breakfast…

So rightfully so, there is a LOT of interest in this kind of trading. (Not to mention scalping is a LOT of fun, VERY exciting, and can be a highly accurate way to trade the markets IF you  know what you’re doing)

The problem is…Most traders really don’t know what they are doing, get caught up in the excitement of it (anyone who’s day traded or scalped knows EXACTLY what I’m talking about) and will often suffer severe losses.

Well if you have ever tried to scalp, or ever been a little curious about how the pro’s do it, I have some very good news…

My friend and mentor Jason Fielder just released a training video entitled “The Anatomy of a High Probability Scalping System”…where Jason answers most (if not all) of the questions I’ve received on scalping over the last few years.

You can Delphi Scalper reviews here.

In this complimentary multi-media training you will learn:

Jason’s 4 Rules for Developing a High Probability Scalping System
How I Determine the Best Time-Frames for Scalping (including FREE ACCESS to his proprietary “HotTime” indicator)
Why Technical Filters Alone Are Not Enough (and which Fundamental Indicators really matter), PLUS…
Jason’s Programming Rolodex for Getting Systems Coded And Tested

In short, you’ll learn how to spot a good scalping strategy from a bad one by seeing exactly how I go about developing the systems I trade in my own account.

Again, you can access this complimentary training right now by going to Delphi Scalper.

I hope you enjoy it, and above all else I hope it makes you a more confident, accurate trader. As always… Oh by the way, they barely talk about it, but included with this training is a proprietary indicator that Jason Fielder uses to find the highest probability trading time-frames.

It’s a really slick tool that they use every day when developing systems, and I think you’ll enjoy using it as well. Again, no additional downloads are needed…you’ll get it when you access “The Anatomy of a High Probability Scalping System” over at The Delphi Scalper System.

The Truth about Learning Forex

International Forex Educators www.intfxed.com

Forex Scalping Systems – the Truth About Profit Potential From Day Trading

Forex scalping systems are promoted as a way to make a regular income and build huge profits but none of them deliver profits – why? One simple reason and its enclosed in this article.

Forex scalping – “earn 300 per day”, “predict tops and bottoms with pinpoint accuracy”, “earn 5,000 a month” etc

Those headlines always make me laugh and you always see a graph that goes up and up but of course when you invest your Investment goes down and you get wiped out. Lets look at first at these track records and why forex scalping systems can never work due to the logic their based on.

Any forex day trading or scalping track record will carry a disclaimer which will be or similar to the following one:

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

What use is a track record with this written next to it?

It simply means the track record can be made up and they are don’t fall for the hype of the advertising copy, there is no proof of real profits, its all simulated in hindsight and that’s not hard.

So why Doesn’t Forex scalping work?

Its common sense to anyone really, countless millions of traders all with different aims and motivations and all different make up the market price. It is ridiculous to try and figure out where this group of traders will push prices in just a few hours and this is easy to prove.

Any volatility in short time frames is random by its nature and prices can and do go anywhere. You have no way of getting the odds in your favor and if you can’t get the odds in your favor, you will lose – it’s as simple as that.

The theory of forex scalping and day trading is fundamentally flawed.

So why do people buy the theory despite the fact the evidence is there for all to see – it makes no money?

Greed and naivety.

Vendors put about a good story, supported by meaningless simulated track records. Its all in the advertising.

The novice forex trader swallows the story, trades and takes a loss and the vendor walks away with a guaranteed profit.

Nice and simple.

Why risk trading your own system ( you will notice no vendor has a real one to support his claims) and why would anyone trust a forex trading system a vendor sells, if they don’t trade it themselves?

Leave forex scalping and day trading to the dreamers and the losers and concentrate on trading the odds and looking at longer time frames.

In forex trading you can make big gains – but you need to avoid the myths and profits via forex scalping is one of them.

Concentrate on getting the right forex education.

If you do this you can enjoy currency trading success.

The Real Truth About Pips vs Equity and Why Your Forex Signal Provider?s Pip-Count Means Jack Squat

Yes, I am a Forex Signal Provider.  Yes, I report my results in pips.  Yes, I do this because it’s what you want to see.  However, I’d like to propose something—something many of you might find a bit preposterous at first glance.  I propose you, as a potential client searching for an honest, profitable Forex signal provider, should start demanding these services report performance in equity.  Why, you ask?  Because a signal provider’s pip-count means jack squat to the equity growth of your own Forex account.

A pip is a pip is a pip.  Sorry, but this is just flat-out untrue.  Many of you use a standard rate of $1 per pip or $10 per pip.  It’s what we’ve all been taught to do by our brokerages.  This is utter BS and I’m going to show you why it is such a detriment to the growth of your Forex account—and to your mental state when it comes to trading.

When you vary the dollar amount of each trade’s pips based on the base equity in your account and the size of the trade’s stop loss, you will find that unbelievably, positive pip-counts can actually mean an equity loss in your account while other times, a negative pip-count can mean a growth in your account!

Now, I know you’re sitting there thinking, “This chic’s off her rocker.  She’s insane.  There’s no way I’d ever sign with her.”  I’m not.  I’m actually quite sane.  And, you will.  So let’s delve into it.

Let’s say, for ease of understanding, you’ve got a $2000 Forex account.  We’re going to look at three completely different signals here that you could easily receive from the same Forex signal provider.  The first alert has a 300-pip stop loss.  The second has a 100-pip stop and the third, a 15-pip stop loss.  Now it’s math time.

We’ve all been taught to risk 2% of our base equity per trade.  This is a fine start but I’m going to show you why this is just the beginning when it comes to money management in Forex trading.  I learned from the Forex money management Master and I’m going to share that with you.

Anyway, we’re risking 2% of our equity on this 300-pip stop loss trade.  2% of $2000 is $40.  Can we all agree on that?  That means you are willing to risk $40.  The stop loss is 300 pips, so $40 divided by 300 pips is $0.13.  Since we always, always, always round down, that means each pip is a dime or $0.10.  And, yes, you’ll need a broker that allows micro lots for proper and profitable money management.

The first trade stops out.  You’re now down 300 pips or $30.

The next trade carries a 100-pip stop loss and you once again risk 2% of your base equity.  Since you lost $30 on that last trade, your new equity is $1970.  That means you’re willing to risk $39.40 on this trade.  Figuring the dollar amount per pip, we find that $39.40 divided by 100 pips is $0.394 or $0.30 since we once again, always, always, always round down.

This trade also stops out.  You’re now down 400 whopping pips or $30 plus another $30 for both of your trades.  You’re down 60 bucks.

This last trade has a stop loss of 15 pips.  Whew, it’s nice to not have to worry about such a huge stop loss—or is it?  We’ll talk more about this later.  Ah, but I digress.  This trade has a 15-pip stop loss with a small 48-pip target.  Seemingly minor.  Seemingly almost not even worth it to take.  Luckily, you do.

It’s a good thing because this trade reaches the target and you gain 48 pips.  Now let’s do some calculations.

Your base equity after those two losses above is $1940.  But, since you lost two trades in a row, it seems the system you’re using, or the system your Forex signal provider is using, might not be cooperating properly with the current market so you want to lower your risk by 0.5%.  This trade is now worth only 1.5% of your base equity or $1940.  That’s $29.10.  $29.10 divided by the 15-pip stop loss is $1.94.  Rounding down always, each pip is now worth $1.90.  Remember, you won this one.

So now, at only 1.5% risk, you just won a measly, tiny, seemingly worthless 48-pip trade.  You made $91.20 on this dopey trade.  Let’s take a gander at your account now!

You’re down an outrageous 352 pips.  Oh my god, do you want to scream or what?  352 pips is a lot, no?  But wait, your Forex account equity is now $2031.20!  You started with $2000.  How can that possibly be?

It’s the power of the pip, my friend, and just the beginning of proper money management.  This works the same with huge pip gains.  You can be up in pips and down a truckload in equity.  So you see, pip is just a word.  It should mean something unique to each trader for every single trade taken instead of this outrageous show of might by some signal services who never share equity.  Think about it.  Look into it.  And always do the math.  Forex signal providers who only report performance in pips are not doing you justice and you should demand more from them before you even think about signing.  Pips without corresponding equity means jack squat to your account.