Saturday, February 11, 2012

A.C.T.I.O.N. Plan Overview




ACCEPT… all possible losses before the battle begins
CENTER … yourself in Mind, Body & Spirit
TRUST … your System and Warrior-Skills
IMAGINE … winning EVERY trade in Mind’s-Eye
ONLY… exist in the PRESENT to control FEAR
NEVER … second-guess yourself after the battle
ACCEPT


all possible losses BEFORE entering the battle!!
This is the Warrior’s GREATEST secret of Personal Empowerment And YOUR’S too
CENTER
Yourself In Mind, Body & Spirit!!
This is accomplished
by “Way” of regular Meditation
to condition your responses!
TRUST
Your Warrior Skills and your SYSTEM!!
It is instinctive to
THINK FEARFULLY…
imagine the result you WANT,
EVERY time you trade!!
IMAGINE
Winning EVERY trade in your Mind’s-Eye!!
99% of All fear is either
Anticipatory or Reflective…
So stay in control by staying in the
NOW, by breathe focus!!
ONLY
Exist in the PRESENT moment to control FEAR!!
Looking back is only good for
COURSE-CORRECTION ONLY!
Just trust YOURSELF & your SYSTEM
and do your BEST!!
NEVER
Second-Guess yourself After battle is over!!
Looking back is only good for
COURSE-CORRECTION ONLY!
Just trust YOURSELF & your SYSTEM
and do your BEST!!





Monday, February 6, 2012

How can I trade foreign currency exchange rates?



As you can see from the London vacation example,currency exchange rates fluctuate. As the value of one currency rises or falls relative to another, traders decide to buy or sell currencies to make profits. Retail customers also participate in the Forex market, generally as speculators who are hoping to profit from changes in currency rates.
Foreign currency exchange rates may be traded in one of three ways:
 On an exchange that is regulated by the Commodity Futures Trading Commission (CFTC). For example, the Chicago Mercantile Exchange offers currency futures and options on futures products. Exchange-traded currency futures and options provide their users with a liquid, secondary market for contracts with a set unit size, a fixed expiration date and centralized clearing.
[1] On an exchange that is regulated by the Securities and Exchange Commission (SEC). 
For example, the Philadelphia Stock Exchange offers options on currencies (i.e., the right but not the obligation to buy or sell a currency at a specific rate within a specified time).
 Exchange-traded options on currencies have characteristics similar to exchange traded futures and options (e.g.,a liquid, secondary market with a set size, a fixed expiration date and centralized clearing).
In the off-exchange, also called the over-the-counter (OTC) market. 
A retail customer trades directly with counterpart and there is no exchange or central clearinghouse to support the transaction. This brochure focuses on the off-exchange foreign currency market.