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Why Trading Systems Are Not Profitable For Everyone

Forex-sm

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Probably, all the things in this world are based on a difference. Two exactly the same cars turn out to be different in further usage – one of them brakes down faster for some reasons. The same ball at hand does not make two basketball players equally skilled. And so is with Forex trading.

From my own experience, I would say that there is no perfectly profitable system, which would suit two traders at once. As a rule, one of them “drowns” (gets losses) and another “stays afloat” (earns profits). And they both were using the same system.

The major reason for this frustrating disparity is that most of the best and profitable trading systems do not have adamantly set rules. When certain market conditions are met, we often clear entry/exit points and get clear instructions to take a trade. However, it’s often left to us, the traders, to only trade the very best set-ups, so we should be capable of reading the markets and using our intuition.

Market News

Will Obamas New Lifeline Catch Any Fish?

Official presidential portrait of Barack Obama...

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President Obama announced changes in the HARP program today, aimed at allowing more homeowners to refinance their homes. But will it work?

We all know that many homeowners have lost their homes to foreclosure in recent years and many more are unable to afford their mortgage payments. Part of the problem is that interest rates on existing mortgages are high. Many homebuyers purchased homes with a loan that started out with a low (teaser) interest rate which increased after a couple of years. Most of these buyers planned to refinance when their interest rates were raised. The problem is that this house of cards came crashing down. Home values plummeted. Although many homeowners can qualify for a home loan, their home is now worth less than the balance of the loan.

Mortgages and Banking

Tracker Bonds

Bank of England

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Every time you walk into a bank these days you are confronted with an advert for tracker bonds. So, what are these bonds, are they better than a savings account, who are they best suited towards and how do they work?

Tracker bonds have become popular as inflation has risen well above the 2 per cent recommended rate for the Bank of England. These bonds offer an alternative to savings accounts which due to very low interest rates pay tiny returns on money invested.

Market News

Ways to Grow Your Wealth

Graph showing the rate of a $1000 initial inve...

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Ways to Grow Your Wealth

Building your wealth and making your money grow is a goal many people strive for and there are a number of approaches you can take to make this happen. Investing is one of best ways of growing your wealth and there are several options available to you to help you get the best return for your money.

Why Invest Your Money?

Investing your money can bring financial security in addition to increasing your wealth and creating an additional income stream. Investing wisely can bring you a better standard of living or the disposable income for the car or house of your dreams, a much needed holiday or can offer you the opportunity to support a cause you are passionate about.

While the benefits of investing are many, it’s important to plan your investments properly in order to grow your money for the right reasons. Growing your wealth simply to gain more money is fine but growing your wealth with a specific purpose in mind is much more satisfying.

Mortgages and Banking

6 Questions to Ask Yourself Prior to Making an Investment

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If you have financial goals in mind and you've already paid off all of your credit cards, then there's still some factors to consider regarding investing for the future.  This could be savings for the purchase of a house, college tuition, or retirement planning.

You still have to know not only how you plan on utilizing the savings in the future, but you also have to ask yourself several other questions. Many of these types of investments are not are not insured or guaranteed by the U.S. Government. Before you make your investments find out the answers to the following 6 questions:

Technology

First Solar To Miss Funding Deadline

President Barack Obama talks at the DeSoto Nex...

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First Solar stated that it will not meet its federal funding program deadline for its big solar power facility in California. As a result, its shares came crashing down to their worst level in the last four years.

In response, the announcement that was made by First Solar has been highlighted by the Obama administration once again in its advocacy of solar energy. It has been the center if Republicans’ rage since the shutdown of Solyndra, a solar company that was situated in Silicon Valley. Solyndra has earned about $500 million worth of funding but still crashed down.

Last June, First Solar has acquired the approval of the U.S. Department of Energy for a loan that sum up to $1.9 billion. It will guarantee the establishment of the 550-megawatt Topaz plant. However, they said that it was not able to process all the needed documents under the loan program of the energy department before its September 30 deadline. Experts stated that the energy department’s effort to process the loan was burdensome and thorough than what banks suggested. It has set-up the Republicans’ claim that the Obama administration tends to hasten the approval of funding.

Media

Is it Time to Invest in Blockbuster?

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A controversial move by CEO Reed Hastings of Netflix has sent the company stock into a free fall. Netflix (NFLX) seemed to be owning the entertainment content world with streaming movies, TV episodes, and shipping disks straight to your house for around 8 dollars a month. It seemed like almost too good to be true. Obviously it was, with recent price hikes.

What Netflix did to gain its immediate success was implement an amazing business model, shipping DVD's through mail. They cut out the cost of retail stores, excessive employees, and gave the benefit of convenience by shipping to folks straight at home.

Technology

Solar Renewable Energy Seeks For Further Funding

GAINESVILLE, FL - APRIL 16:  Dustin Rodgers, w...

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These days, solar renewable energy has been one of the best alternatives in the ongoing energy crisis, and more agencies and services are eyeing to fund it and improve its overall capacity.

Several agencies from all over the world have taken their concerns about solar energy to another level. They have stated that solar energy can be the ultimate alternative for the energy crisis being felt all over the world. It uses sun as the primary source of energy, which in return, can give electricity to different industries and businesses.

Home Business

Do You Really Need a Home Office?

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Working from home has a lot of perks when it comes to tax savings and cost savings in general, but there are also a few disadvantages that need to be considered before you decide to turn that spare bedroom into a cozy office.   Many people want a home office simply so they can save some money and not have to rent some office space, but working from home will not work for everyone, especially if they are not self-motivated and are easily distracted.

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