March 20, 2011

- How to Save $5000 on Forex Trading Training and Get it Free

 

When I first got started in Forex trading I enrolled in a training program that offered a one day beginners class for $1000 and another one day advanced class for an additional $1000. Later I realized that not only did I learn nothing about how to trade successfully in these classes, I also could have learned more thorough and complete information by purchasing a $30 book from Amazon. Many of my colleagues, associates and students have also related to me that they spent as much as $5000 on similar training that did not empower them to become successful in Forex trading.

 

The important point here is that general information on Forex trading is readily available from many sources in some cases for free. But the information on how to actually consistently win in Forex trading is apparently much harder to find. If you are getting started in Forex trading don’t be seduced by the many training programs that are available that only provide general information that you could get elsewhere for cheap or for free. Most of the information that newcomers to the Forex industry most need can be obtained for free from Forex brokers. Topics like, “What is leverage?”, What is a PIP?”, “How do I place a trade?”, “How much money can I make in a trade?” should be learned by opening a demo account, reading the information on the broker’s web site, and talking with broker customer service representatives. Don’t pay $2000 for this information and if possible don’t ask your training mentor to waste time on these topics while they are so readily available.

Here are some web sites where you can get free information on Forex trading and technical analysis:

www.FXCM.com FXCM is one of the largest Forex brokers and has some useful free information on this site.

www.interbankfx.com InterbankFX is another Forex broker that has a lot of free information on their site about trading and technical analysis.

www.babypips.com This site has an entire free course for beginners on Forex trading.

www.forextradingseminar.com This training course includes a free 7 hour video training workshop for beginners.

www.tradingmastermind.com This site has techniques on how to be successful on you trading with the help of EFT, NLP, Law of attraction and Hypnosis.

You will also want to avoid buying expensive training courses if you can get the same information in inexpensive books. The courses that cost hundreds or thousands of dollars often do not contain as much information as an average book on the subject that costs much less. Here are some books you may want to check out.

Getting Started in Currency Trading by Michael Duane Archer and James Lauren Bickford Technical Analysis of the Currency Market by Boris Schlossberg Technical Analysis for Dummies by by Barbara Rockefeller The Candlestick Course by Steve Nison

These books will give you a solid foundation for getting started in the Forex trading business. Together with the homework assignment of opening a demo Forex trading account, placing trades and talking with Forex broker customer service representatives, you will be ready to concentrate on the information that is really needed, how to consistently win in this business. That information is not widely published and apparently is not as readily available on web sites or in books. But by saving so much time and money you will be much better equipped to find the information that is most needed to achieve long term success in the Forex trading business.

December 29, 2010

- How Traders Get Profit That Make Others Think They are Psychic

The word is out about the Trading Mastermind's new Ying Yang Forex Trading Course and already thousands of traders around the world are eyeing the new complete training program hoping to become one of the elite group that will see the astounding trading method demonstrated live every day in real time.

Last week, we had given the world a chance to take a glimpse at Trading Mastermind’s latest breakthrough and now we bring you another sample from The Yin Yang Forex Trading Course.

In this video clip, Scott Shubert talks about the actual process of identifying the beginning and end of the trend. This is a vital part in one's trading because this is what Forex trading is all about. In order to trade successfully, the trader's primary concern is to identify the beginning and the end of a trend, as well as to identify the beginning and the end of a correction.

The Yin Yang Forex Trading Course reveals how to trade on all time frames in any market condition and how to enter at the beginning of a good movement in price and exit close to the end of it on the appropriate time frame.
Now you have the power to create an endless stream of profit that far exceeds your living expenses.

For more information about the Yin Yang Forex Trading Course 2011 Enrollment Kick off click here!

Free Forex Trading Videos

December 21, 2010

- Hidden Cam Exposes Forex Traders Inside Platinum Trading Group

As more and more people are hearing about the results of the members of the Platinum Trading Group many people are very curious to know more about what happens inside the group in the daily live trading sessions. Why do these traders enjoy luxurious lifestyles of freedom and purpose? Why are professional traders around the world so interested in seeing what happens inside the group? Maybe you know someone who already created a solid sustainable business with freedom of lifestyle in Forex trading through their experience in the Platinum Trading Group. Word of mouth seems to spread like wildfire when people find out how quickly real people are able to create the business they are looking for. In this video you will see a small glimpse of what that experience is like.

To watch the video please visit Scott Shubert's website www.tradingmastermind.com

November 23, 2010

- 10 of the Most Expensive Private Islands You Must See!

The main objective here in owning an entire island is the word "private." It gives one a feeling of seclusion, isolation, away from the prying eyes with a huge body of water serving an effective barrier to the outside world. However, owning a private island is now getting scarce. Most have been turned into resorts and others into government servation areas.

Nonetheless, there are still private islands which one can rent, for a considerable sum of course. So just to give you a fair idea of how much a nigt on these islands could cost, here's a list:

*The Soneva Fushi in the Maldives (about $600-$3,000 a night), each guest has only a small patch of beach, but it is truly private, with dense vegetation between residences.

*The half-mile beach of Little Dix Bay ($300-$3,600 a night), Virgin Gorda, British Virgin Islands, is reserved for the resort's guests. And guests staying in one of the 12 villas at Le Taha'a (about $900-$2,500 a night), Society Islands Archipelago, get a patch of beach entirely concealed by rock walls.

*Then there's Richard Branson's Necker Island, in the British Virgin Islands, is a 74-acre paradise that can be rented for about $46,000 a night. The entire Guana Island can also be rented for around $19,000 to $26,000 a night.

*Las Alamandas, Mexico has only six villas on this 1,500-acre  estate owned by Isabella Goldsmith on Mexico's Pacific Coast. The Las Alamandas landing strip is accessible from either Puerto Vallarta or Manzanillo airport. For total beach privacy, pick up a lunch packed by the staff and hike to one of the secluded surrounding beaches. Too relaxed to hike back? Use the walkie-talkie you're provided and a staff member will give you a ride. About $400 to $2,000 a night.

*Le Taha'a, Society Islands Archipelago
About 380 miles west of Tahiti in the Society Islands Archipelago, Le Taha'a is a privately owned island that is a five-minute boat ride from the main island of Taha'a. The resort offers 48 over-water suites and 12 beach villas where rock walls surround private sections of beach. About $900 to $2,500 a night. 

*Kamalame Cay/ Kamalame Cove, Andros, Bahamas

Only 20 beach villas dot this mile of private beach that makes up Kamalame Cay resort off the coast of Andros Island, protected by the third longest barrier reef in the world. Accessible only by private ferry or seaplane, the beaches of Kamalame Cay are shared only with other guests of the resort. For total solitude, book a week in the villa at Kamalame Cove, a 7,500-square-foot private peninsular on four acres attached to the mainland of Andros Island by a narrow strip of beach. The villa holds up to eight guests. About $800 to $3,500 a night.

*Guana Island, British Virgin Islands- With no more than 30 guests sharing the private 850-acre island of tropical forests, mountains, valleys, and, of course, beaches, you won't have to try very hard to find yourself alone on the sandy shore. Fly into the Virgin Islands Beef airport (which also accommodates chartered planes), where a boatman will be waiting to whisk you off to the iguana-shaped island that gave Guana its name. The entire island rents for between $19,000 and $26,000 for up to 32 people. A guest room or bungalow? About $700 to $3,000 a night.

*The Beach House, Barbuda - With only 20 suites on this virtually private island in the Caribbean, you'll get the attention (when you want it) and privacy, with your own personal butler service. Horseback ride, snorkel or just sit in silence on this practically deserted stretch of Barbuda beach. About $750 to $1,300 a night.

*Evason Hideaway at Ana Mandara, Nha Trang, Vietnam- Extensive, private tropical gardens overlooking the Nha Trang Bay are the highlight of this peaceful resort. Boasting about 250 days of sun a year and soft, white sand, Evason, accessible only by boat, owns a stretch of beach reserved just for guests. About $650 to $2,500 a night.

*Little Dix Bay, Virgin Gorda, British Virgin Islands- Little Dix Bay was established by Laurance Rockefeller in 1964, and the resort stays true to its founder's vision of escape from the ordinary. The half-mile of soft, white-sand beach is reserved for guests. For an even more private experience, take a water taxi to one of the surrounding hidden beaches. About $300 to $3,600 a night.

So did we whet your appetite yet? Go for it now. 

Learn forex online

By: Natasha Silverman

November 9, 2010

- Learning Forex Currency Trading Online

There has never been a better time to learn Forex currency trading online. Although there are many Forex training materials available online there are very few that will actually produce measurable results for most people. In the Forex trading industry there are many different approaches and strategies being taught and used. A few people are having extraordinary results with consistent profit and today's technology enables any Forex trading entrepreneur to have access to the knowledge that those traders are willing to share.

A good place to start learning for free is in a forum. However, it has been my experience that some of the most popular Forex trading forums are inhabited by some of the more negative minded people in the industry. Newcomers who even make a slightly positive comment about Forex trading will sometimes be attacked by the obviously unhappy people who resent the idea that it is possible for others to easily succeed. Most forums will actually damage your ability to succeed rather than help. That is why our Forex trading forum was formed with the intention of helping and encouraging only. Negative comments are simply deleted and users who consistently display negative attitude are permanently banned.

A Forex video training course is one of the most effective learning tools for enabling students to master the art of trading. As opposed to live seminars which are also more expensive, Forex training videos can be viewed at any convenient time and replayed again and again. There may be sections that warrant repeated viewing while other sections can be viewed briefly or skipped. The video format for learning has proven to be extremely effective for learning trading principles quickly.

Live web conferences are another amazing tool for aiding the process of learning Forex trading. In a live web conference or webinar participants can interact in real time hearing the presenter speak and seeing her screen while explaining or demonstrating Forex trading entry signals. The presenter can also pass the screen sharing feature to any participant so that he can ask questions about what he is seeing on his charts. This medium has accelerated the learning process tremendously for many Forex trading students. It is this kind of technology that makes learning Forex currency trading online a very enjoyable and effective process

October 21, 2010

- Philanthropy:The Secret Key to Lasting Wealth and Achievement

In these desperate and trying times, who do you turn to when things go wrong? A world that sometimes seems so cruel and unkind with no one reaching out to help you through your deepest and darkest black hole. You are alone and hollow. Your tears have run dry.

How horrendous this is when this happens to you and your life becomes a desperate nightmare!

Fortunately for people who have lost hope, there are hands that reach out and make it their advocacy to give back the love for life. These are the philanthropists whose desire is to make this world a better place to live in by supporting charitable causes or creating a charitable foundation themselves.

Philanthropy is an innate desire to improve the social, economic and spiritual wellbeing of humankind.

Philanthropy is not only for the rich and powerful, it’s for everyone to learn and master, this is becoming and truly being a person who is selfless and has known his purpose in life. Everyone has the ability to help someone even in a small way such as letting an old woman go to the front of the line in the bank or giving a coin to a street child who stands hungrily watching people entering a fast food franchise.

Men and women differ in their perspective when it comes to giving or donating. Studies shows that men tend to give to have a building named after them, pressure from office or peers or get a seat on a board of directors and women on the other hand give to make a difference, pass on family tradition and give back to community. Well, it might seem that the women have humanitarian reasons while the men have utilitarian views.

Whatever reason we might have in giving doesn’t really matter as long as we give and try to make a difference to alleviate the plight of the world.

Just put in mind the principles of powerful philanthropy which are: financially educate yourself, put your finances in order (spend less, save more, invest wisely and give generously), right mind set (you are a philanthropist!), think of your legacy you will leave in this world, consult professionals when giving donations and make it a family affair to teach your kids the values of giving and helping make this world a better place to live in.

Being a philanthropist does not necessarily mean you are a big spender, so better be thrifty and be wise in making buying decisions so you could save more. Most importantly is how to invest wisely and create wealth and affluence that offer an ideal lifestyle for yourself as well as enabling you to make contributions to worthy causes. In our Forex trading community many entrepreneurs have expressed the desire to use their knowledge and skill in currency trading to contribute something worthwhile and meaningful to others less fortunate. Having a strong vision and reason “why” behind your business activity gives tangible life and power to your efforts. Many success gurus insist that tithing and giving to charity is the secret key to long term success and wealth.

October 18, 2010

- Forex Traders Panic As New CFTC Regulation Takes Effect Reducing Leverage Available For U.S. Trading Accounts

The new CFTC/NFA regulation that caused sheer panic to many US Forex traders is taking effect today. By now, all Forex Traders must have heard about this new regulation. But do they really understand how it works? The new regulation reduces the leverage available at US Forex brokerages to 50:1. The question remains, is this going to make or break your business?

In 100:1 leverage ratio, a trader would be required to place $1000 in deposited funds for every $100,000 standard lot traded. In 50:1 leverage $2000 in deposited funds would be required for the same standard lot.

While most Forex traders have reacted negatively to this new regulation, Scott Shubert, CEO of Trading Mastermind sees this as a very minor challenge for Forex traders. He says that being successful in Forex trading with 50:1 leverage will depend on how well you manage your risk. He believes that the only problem with high leverage is if uneducated traders use poor risk management. Scott is a successful Forex trader who has been recognized as one of the few legitimate trainers in the Forex trading industry for more than five years and is the author of Yin Yang Forex Training System which is one of the most well received and comprehensive Forex training systems currently available. This latest video thoroughly demonstrates how to get around the challenge of this new CFTC regulation and how to properly manage the risk involved.

For more information about Scott Shubert: Click here to visit his website to learn how to master the art of Forex Trading.

June 16, 2010

- BP Oil Spill Killed Aquaman

BP killed Aquaman and his kingdom.

I first saw that sketch from Time's tech blog. It made me laugh at first but after seeing more photos of the havoc caused by the disastrous oil spill, it's no longer a laughing matter.

This is how the Air & Waste Management Association describes an oil spill and its effect: Tarred beaches, dead and dying wildlife, damaged fisheries, contaminated water supplies. These are the short-term effects of an oil spill. In the long-term, toxic materials from oil can remain in the water and on the land for many years. They can build up in the food chain to lethal levels, and destroy or disrupt and area's ecosystem.

On April 20, 2010 an explosion occurred aboard BP's Deepwater Horizon drilling platform killing 11 workers. Two days later, a large oil slick began spreading in the Gulf of Mexico. This is said to be the largest oil spill in the history of the U.S. Experts estimate that 12,000 to 25,000 barrels of oil leaks daily and that has been going on since the explosion occurred. Several attempts to plug the leak has failed. Early this month, officials from Louisiana, Mississippi to Alabama reported that their coastline has been "oiled". The beautiful beaches of Florida is also under threat.

The U.S. Coast Guard said that it will take years to deal with the effects of the BP oil spill. Efforts to clean up the Gulf and contain the oil slick have begun. The Coast Guard has had to recruit a flotilla of volunteers, hundreds of boats that will be equipped with booms and skimming devices, to clean up the scattered oil. Sadly, BP admitted that they are unprepared to combat the gigantic oil spill.

Reports indicate that for the past few weeks since the disaster began spreading out, 522 birds have died. Concerns over endangered sea turtles, alligators and dolphins have been raised as well. Louisiana's fishing industry and Florida's tourism business is said to lose over $5 billion in revenue.

You can check out the latest developments on the oil spill from these sources:

New York Times

BP’s Gulf of Mexico Response

Victims of the BP Oil Spill

Trade Forex

June 16, 2010

- Rediscover Portugal's Wine-growing Alto Douro

Everybody loves a good glass of fermented grape juice typically known to man as wine. Whether it's red or white, we all love to drain that glass of wine which is the perfect companion of a delicious meal or a jolly celebration of whatever reason.

When recession struck, the wine business took a dive as the result of consumers tightening their budgets preferring beer over wines priced at over $16 dollars a bottle. Wine sales declined 3.2 percent in 2008 when the recession was at its peak. Most big wine producing countries found themselves with lots of wine yet there was very low demand. But sales growth began to rebound as the economy continues to mend.

Have you ever wondered where these bottles of goodies come from? Archaeologists can trace back to 6000 BC where the earliest known production of wine was made in Iran. Today, France, Italy, Australia and the U.S produce most wine consumed by the world.

But if you happen to be a wine connoisseur or just a simple person trading forex who enjoys drinking wine and traveling, you might want to go on an adventure to a land that boasts both natural beauty and excellent wine:Alto Douro in Portugal.

Douro is an old, architecturally distinguished region with mesmerizing countryside. You can easily take notice of the history that abounds every two to three blocks. You can tour the Amarante, Lamego, Regua, Pinhao, Vila Real center and the Mateus Palace. It is in the Douro area where you can find the Oporto, the second largest city in Portugal, and the less popular Douro River (if you compare it to Danube).

Going to Douro means flying to Lisbon and taking a three hour drive to Porto. You will enjoy this if you love seeing slopes of greens, reds and browns in the foreground. The view of the Douro River is a mesmerizing sight and a popular cruise destination for tourists. If you go cruising, you can feast your eyes on breathtaking gorges, quiet fishing villages, many vineyards, and peaceful countryside.

However for wine lovers, what draw them into upper region of Douro is its wine and its winemakers. Portugal offers affordably  priced wines. Winemakers grow and use many varieties of grape not well known elsewhere which makes drinking fun and exciting. New York Times' Frank Bruni describes his drinking experience: “While Portugal’s reds have won more international regard, the crisp, easy drinking, medium-bodied whites remain underrated. I especially liked and recommend two or three grape blends which viosinho, a distinctive Portuguese varietal is used. These tended to have a crucial edge of acidity, a pleasant heft and when aged in oak, a glimmer of the opulence of a white Burgundy.”

Douro is said to be the heaven of wine connoisseurs. Douro’s soil is perfect for growing high quality wine grapes and its climate is a combination of hot and desert-dry in the summer; cold and wet in the winter.  Winemakers are passionate about making the best wines and they taste each others wines which lead to progress. Most notably, Alto Douro was named as aWorld Heritage Site by UNESCO for its long tradition of wine production which is the life blood of Douro.

May 13, 2010

- Decipher the Code of Forex Trading by Adjusting the Frequency of Your Charts

Many of those who embark on the road to trade Forex often think of trading Forex as a way to make a fortune overnight. They look for the latest “trick” or “holy grail” of trading. For successful traders, Forex trading is a business like any other that needs investment, work, patience and skill to survive and make money consistently. However, many traders keep struggling to break through the barriers that prevent them from getting consistent profit.

Boulder, CO (PRWEB) May 13, 2010 — In keeping with its vision of helping people succeed with their Forex trading business, Trading Mastermind reveals one of the group’s secret methods in trading profitably and that is “adjusting the frequency” of Forex charts.

“There is a road map that tells you what time frame to focus on exactly at what time,” said Scott Shubert, CEO and founder of Trading Mastermind. “If you aren’t adjusting the frequency of your charts and you are not aware of how to do this, you will simply be looking at constant hit and miss in trading,” he added.

Shubert explained further that frequency is something that traders need to control. “You need to control what time frame you are looking at instead of just looking at one or two time frames. The market is always shifting and it is always forming trading opportunities on different time frames at different times. You want to go to where the current trading opportunity is happening at that time. “

“Once we reach the end of the trend in one time frame, we know that we should stop trading right exactly at that point in that time frame then we will be trading on a different time frame,” he said in his latest podcast. “From there we will see the signals that we are looking for forming just the way they should form except that they are forming in a different time frame.”

Mr. Shubert also stressed the importance of frequency adjustment in Trading Mastermind’s latest breakthrough, the Yin Yang Forex Trading Course.

Since Shubert began trading, he continues to have a series of insights that eludes the entire forex trading industry. He is able to help fellow traders develop trading strategies that work in any market condition on all time frames.

For years, Shubert through his Platinum Trading Group has been sharing his trading method that works very well for many traders around the world. Said one of Shubert’s students, "it was after I joined Trading Mastermind’s Platinum Trading Group when I realized that I was actually learning and understanding what is truly going on in the market and I find that much more important than just getting good trades."

Trading Mastermind is a premier source of trading knowledge and interaction amongst its worldwide trading community. All Forex traders regardless of trading experience are invited to participate in the Platinum Trading Group and improve their trading skills through close interaction with other traders many of whom earn their sole income from trading the Forex market.

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