Business 2

Do you have the tolerance for the risk involved with day trading? Day trading is not a get rich quick business. It is not technically even investing. This competitive game of day trading is speculation at its core and the odds are against you in favor of failure. But for those who crave this type of environment it can be a very exciting and profitable venture. A study in 1999 found that 70% of . . .

Exchange Traded Funds: 7 Reasons They Beat Most Mutual Funds

There’s been a lot of recent talk in the financial press about exchange traded funds, or ETFs. Some of you may already be familiar with them, but my guess is for most individual investors, the term “exchange traded fund” is just another bunch of financial gibberish – vaguely familiar but completely meaningless. Well, to artlessly coin a phrase from the movie Braveheart, “we’ll ‘ave to remedy th. . .

How to Terror-Proof Your Finances

"To drift is to be in hell, to be in heaven is to steer."—George Bernard Shaw Former Homeland Security Director, Tom Ridge, has said it's not a matter of "if" we’ll have another terrorist attack, but when. Like the attack of 9/11, the financial effects of another terror attack will be felt by almost everyone who lives in the United States. If you have been lulled into a false sense of complacen. . .

Exchange Traded Funds: 7 Reasons They Beat Most Mutual Funds

How to Analyze the Veracity of Investment Newsletters

When trying to analyze whether a promotional ad for an investment newsletter or a market timing investment trading system is worthy of investigation, the following questions should be asked:Does the strategy have a track record? Without this you are really allowing your emotions to be in play. All of us want to believe that if someone says something it must be true. Yet the sad fact is the trut. . .

Forex Trading Best Practices

FOREX, the term for the FOReign EXchange market, is an international exchange market where currencies from many different countries are bought and sold. Both long-term hedge investors and short-term investors that seek quick profits use FOREX. Trade reaches between 1 and 1.5 trillion US dollars per day. Needless to say, FOREX is a very lucrative market. Many wonder how to gain the most profits . . .

The Seven Most Traded Currencies in FOREX.

Currencies are traded in dollar amounts called “lots”. Onelot is equal to $1,000, which controls $100,000 in currency.This is what is known as the "margin". You can control $100,000worth of currency for only 1,000 dollars. This is what is called “High Leverage”. Currencies are always traded in pairs in the FOREX. Thepairs have a unique notation that expresses what currenciesare being traded. T. . .