The old battlefields of the middle ages are not gone, they have merely changed form. Hundreds of years ago normal men would set out to build their empires by conquering lands through the force of arms. Today, normal men like you and i set out to build our financial empires by conquering markets throught the force of self. The blood soaked battlefields of yesterday have made way for the cash soaked commercial battlefields of today, with the large private armies of Family warlords making way for large pools of family capital. Just as armies were needed to shape empires of the past, so too is capital needed today in order to put modern commercial plans of conquest into action.
In there, lies the reason as to why many forex traders fail. They go into battle risking too many soldiers (capital) and without the knowledge of tactics needed to win the fight.
Lets look at that again. 1. They risk too much capital, 2. They do not understand Forex markets.
Many traders both successful and miserable have made these mistakes, the main reason for me writing this article is so you can learn this lesson here and do not have to make this mistake and lose money, or at the very least be cautious enough to minimise your losses.
No general will risk a majority of his men in a battle that he has no plan for and where he has no idea about his enemy. So my question to you is, why would you risk your capital in market conditions you know nothing about? Luckily two remedies exist for the forex general who finds himself in this situation.
1. Make it a rule to only risk 1% of your capital in any one trade. This is to minimise your losses.
2. Educate yourself so you can recognise your chance to strike but also recognise when it is neccessary to withdraw. Learn to read the conditions of the forex battlefield. Great generals of the past would spend years learning battlefield tactics, luckily we can achieve this in a couple of months.
So in summary only risk 1% of your capital in any trade, and educate yourself about how forex markets work.
Article Source: http://www.articlesbase.com/currency-trading-articles/why-so-many-traders-fail-at-forex-738598.html

So you decided to make full time leaving from foreign exchange market? Or you are going to supplement your income from here? You have set up yourself with proper broker available. I believe you spent hundred of hours in front of PC trying to put together all maths and physics involving currency market. Now you watching business news in the morning paper and following CNBC channel to be on the top with latest information from exchange market. You trading your demo account trying to figure out how to make it all work? So? Does it? No?Face the fact that in currency market all is possible and there is no golden rule to follow. There are so many aspects to consider that you will need at least another head to set this puzzle together.But do not worry there is a hope that can make it work.Signal solutions for forex trading. People who traded forex for a long time and developed their own systems to enter and exit with profit strategies. They will share this knowledge with you for varieties of prices from usd49 to usd499 a month for those precious information. Problem is which one will suit you best. Are they scams? How do I know?For medium advanced forex trader is almost impossible to choose proper forex signal system, which is not a scam, or at least not profitable. There is bulk of forex signals providers out there. They all offer their signal solution to trade currency with success.Advice is that you will have to establish what type of trader are you? Do you want to trade quickly or maybe over the days or weeks? What losses can you manage and how much money you want to invest.As long as you know al that it is a time to pick up signal trade provider.Few things worth researching are: performance, service offered and rewievs of the signal. Search on forum for another users of the product you are interested in and ask for comment. Every profitable system should be up on collective2 with real track performance. Look for service offered. You will quickly find out that only few offer free trail-option to try signals before you pay. Demand performance evidence.But while doing all that hard work choosing your automat forex signal system remember that you will have to totally follow it without exceptions to make most out of it. Any even small innovation may have dramatic results in your own gains.Remember that your future profits will depend on your signal provider so calculate carefully and make smart decisions.
Article Source: http://www.articlesbase.com/business-opportunities-articles/forex-signal-provider-which-one-386262.html

What have you put off today? Something important you had to do that you ended up not doing? Well i am sorry to say this but Forex doesn't like you very much, it won't actually come out and say this, but it will definatley show you by eating all your money.
Why do lazy people flounder in the forex market?
1. They put off getting a broker too long and then often make a bad choice.
2. They don't do any research or engage in education and therefore end up gambling.
3. They clutter up informative blogs and forums with their incessant whines about how forex is a scam and can anyone lend them $20 because they are good for it.
4. They are often emotional about trades and will either get too excited after a good trade or try to take revenge on the market after a bad loss.
Does this look like a successful traders mindset to you? Of course it isn't. Are you guilty of any of these things? If you are get it sorted ASAP, not or my sake, but for your own. It isn't my money you are gambling away. "But i thought forex is investing not gambling?" Thank you! I don't gamble in forex, i invest, many other traders i know invest as well. Whats the difference? Education my friend, education. We know what we are doing, and make educated decisions about where we want our money, a forex gambler wakes up in the morning and just decides then and there where he is going to flush away some more money. They don't research, they don't even know what a chart looks like, they just go with uneducated gut feelings.
But let's stop talking about forex gamblers before i have a stroke, what about successful traders?
1. They research brokers and then choose one and stick to it until the broker gives them reason not to.
2. They are always learning. What is a better indicator to use? What have i done wrong in the last week? This is the kind of thing that sharpens their trading sword so sharp it could cut space and time.
3. They don't post often, they might not ever post on a forum or blog. To them forex is about learning and they would rather listen then speak. Humble eh?
4. They keep their cool. They know that a win can turn into a loss and the other way around within the next 5 minutes. They have the experience and they have already set up their trades to accomodate for a turn in fortune. They are in control. Well mostly.
So the main point of all this text is to realize that if you can't even bother having a shower when you wake up in the morning, how are you ever going to be successful in something as demanding, but equally as rewarding as forex? You aren't because forex hates you.
Article Source: http://www.articlesbase.com/currency-trading-articles/successful-forex-trading-forex-hates-procrastinators-739222.html

Course on Forex TradingThe term used to describe the trading of the currencies of the various countries of the world is called foreign exchange, forex or just FX. More than 1.5 trillion USD worth trade activities are conducted in the worlds largest forex market. The forex trade is not conducted by a central exchange unlike stock trading. Telephone or electronic networks are used to connect the two counterparts all over the world to make a trade. Moreover the forex market offers several advantages over equities trading.Moneymaking or wealth creation is the main goal behind any trade. The opportunities in FX are boundless and it far exceeds the slim margins and picks of other markets like equity or share trading. Moreover the risk involved is also much less and to top it all forex trading can be conducted 24 hours a day. There are always buyers and sellers available, who make this trade more liquid and stable among all others. The banks too provide liquidity to investors, companies and institutions. Just like any other financial instrument forex trading also involves a deep analysis about the fundamental and technical truths associated with the trade. Keeping in mind the general interest of traders looking forward to invest in forex, many forex trading courses are available. The main aim of this Forex Trading Course is to impart the necessary knowledge about the fundamental procedures and tips on better and professional trading policies. Forex trading courses offer valuable information related to the impacts on global currencies, market risks, market trends etc. it not only benefits the new trader who wants to set foot on alien grounds, but also the existing investors who wish to brush up their tricks of the trade. All the aspects of the forex trading, using the latest software’s and tools are what the Forex Trading course material is comprised of. Step by step guidance on trade environments, technical analysis, risk management, trading rules, global markets, economic and market indication etc are provided along with the hands on practical guidance from the experienced tutors from all around the globe.Many factors are to be considered before you make a decision to do Forex trading course. ‘Knowledge is power’ for all our daily diplomatic living. Knowledge on what we do and how we do, especially trading will not only enhance our business dealings but will also allow us to differentiate and track down market conditions. Managing our finance wisely will save us the fear and anxiety about our unpredictable and meek future. Forex trading courses often outline these basic business strategies in their course material. Forex trading courses are available as online courses and also through printed books. Free tutorials and financial guidance is also provided by many web sites. Choosing a professional Forex Trading Course will provide you with details on• The best time to trade specific currencies like Euro• How to anticipate movements and trends in the global market• Which pairs of currency to trade• Best time to enter the forex market• Market conditions and tips about efficient trading from experts• Technical indicatorsOverall a forex trading course should be a complete currency trading solution for all the queries regarding forex and its effective trading options.
Article Source: http://www.articlesbase.com/finance-articles/course-on-forex-trading-126662.html

At the best of times Forex currency trading can be a risky business with a huge potential for profit or loss. As a fulltime trader i have seen the best and the worst that the forex market has to offer, the dizzying highs of large wins, and the gut wrenching lows of people going bust.
You might be a forex trader yourself, or maybe you are just curious about how forex markets work, whomever you are, you need to learn how to seperate the legit forex brokers from the scam merchants. The internet has a great deal of genuine forex dealers offering quality services, it is also unfortunately infected with just as many thieves dressed up as companies who will gladly take your money and then dissapear. This fear of being taken advantage of puts a lot of people off the idea of trading forex, this shouldn't be the case.
Now there are a few key differences between stock markets and forex markets that you are going to have to learn:
1. Forex has no centralised exchange house.
2. Forex trading is 24/7.
3. Forex is a largely unregulated market.
Looking at that list, it kind of seems that the forex market is akin to a wild west town full of outlaws and gunslingers. In this market there is noone to complain to, noone who will hold your hand. So how can you find the genuine dealers amid all the garbage? Do not trust any broker whose reputation cannot be confirmed, and whose company is not tied to the forex market.
The attraction of the forex market can be overwhelming. The scent of huge profits often overpower the common sense of the average person. They enter eagerly, just waiting to invest their life savings.Lying in wait are the scammers with huge promises, they capture the new investors money, and suddenly dissapear.
The good news is, is that many genuine forex brokers do actually exist. Easy-Forex, Oanda, and many more have proven track records that justify their positions in the market. Usually if a company is small, has no affiliation to forex or a financial institution, then stay away. Also a word on looking for reviews about brokers online. You can find honest reviews on forex brokers online, however there seems to be a habit of late of competing forex companies, and/or traders engaging in negative marketing of each other. Dig deeper and you will usually find an honest answer.
So remember:
1. Validate the companies reputation.
2. Make sure they are tied to the forex legitimatly.
3. If the company is small and unheard of, stay away.
4. Finally if the broker has a proven online track record, a legitimate financial institution affiliation, and a few good reviews, give them a try.
My ultimate advice is, if unsure, invest the smallest amount you can, and find out for yourself. This is how i usually used to find brokers, and it worked for me.
Article Source: http://www.articlesbase.com/currency-trading-articles/choosing-a-forex-broker-that-wont-rip-you-off-739129.html

Testing the effectiveness of Performance Appraisals
Performance appraisal is one of the popular concepts among the multinational and local companies. The concept has been defined by DeVries et al., (1981) as the process which allows firms to measure and consequently evaluate an employee’s achievements and behavior over a certain period of time. The basic purpose of using performance appraisal techniques within an organization is to align the employee’s efforts with the overall objective of the firm.
There has been a widespread discussion within the academic circles as to how to define performance (Papers4you.com, 2006). Drawing upon Briscoe & Schuler (2004) performance can be viewed as a combination of several variables, such as motivation, ability, working conditions and expectations. It has been established that there are certain factors that affect employees’ performance more than others. These factors, according to Dowling et al (1999) include the compensation package; the nature of task; support from higher management; the working environment and the overall corporate culture.
There are many advantages mentioned in the literature regarding the use of performance appraisals within an organization (Papers4you.com, 2006). It has been suggested that it improves the communication between the higher to lower level management; identify areas of improvement; show employees training needs; help in promotion, retention and termination decisions; and means of managerial control (Fletcher, 1992). In order to take full advantage of the performance appraisals, the goal in designing such systems should be congruent to the overall aim and vision of the company. For instance, it is evident that there is a direct correlation between the performance of employees and their rewards as businesses do seek creation of wealth as their primary goal. Therefore one of the increasingly adopted uses of performance appraisals is to motivate employees to perform better by linking it with reward packages.
The concept and its uses can be further explained with the help of the example of Nokia. Nokia has incorporated performance appraisals in its compensation plans for its employees. The company has adopted the philosophy of pay-for-performance and therefore measuring and gauging different performance indicators of each employee is essential to the company. Nokia is an innovative firm with a global matrix structure and a typical line management configuration at the country level. Therefore the performance appraisal system called ‘Investing in People’ has been designed as 360 degree feedback and electronic briefing sessions (Pollitt, 2004), which are perfectly aligned with the structure and overall aim of the company.
It can be concluded from the discussion that valuable organizational objectives are served with the help of performance appraisals and organizations should use the technique by aligning the performance parameters with their overall mission and vision.
References:
Briscoe, D. & Schuler, R. (2004), “International Human Resource Management” 2nd Ed., Routledge Dowling et al (1999), “International Human Resource Management – Managing People in a Multinational Context” 3rd Ed., International Thomson Publishing
DeVries, D.L., Morrison, A.M., Shullman, S.L., Gerlach, M.L. (1981), “Performance Appraisal On The Line, Center for Creative Leadership”, Greensboro, NC
Fletcher, C. (1992), “Performance management: its nature and research base”, in Developing a Performance-oriented Culture (Eds), Association for Management Education and Development

Pollitt, D. (2004), “Nokia Connects HR Policy with Company Success”, Human Resource Management International Digest, Vol. 12 No. 6, p30-32
SOURCE: http://u.article99.com/papers4you_com/

If you need to file bankruptcy, there are certain items that are exempt and are not included in the list of your assets that must be sold to satisfy your creditors. But there are stipulations on some things, so be sure you know how to protect things before you start bankruptcy proceedings.
You need to be very careful when you are listening to "common wisdom", since much of that is rooted in fact that has long since ceased to be accurate, or is "fact" that started as an assumption but is not based in reality. This is particularly true when you are considering a step as drastic as bankruptcy, which also carries some long term negative aspects, not the least of which is a huge blemish on your credit history report for the next seven to ten years.One of the popular myths about bankruptcy is that when one files for bankruptcy, they will lose everything they own; i.e., their house, their car, their furniture, right down to that box of unopened dog biscuits. The bottom line is that this is simply not true. While bankruptcy is not something that you want to enter into without having carefully considered each and every one of your possible alternatives and options, the goal of the bankruptcy court is not to kick you when you are down, and turn you into one of the millions of homeless people.The reality of the situation is that most items that are necessary for to live are exempt from being seized and sold in the event of you filing for bankruptcy. Even with the recent changes in the bankruptcy laws, consumers who file bankruptcy are allowed to keep personal items that are exempt from being sold to satisfy creditors, with of course certain stipulations and conditions.Any consumer who is filing bankruptcy must complete detailed paperwork which includes disclosure documents that must indicate the nature and total amount of all of the consumer's assets. This form will also require detailed information about how income, all of your financial obligations including any mortgage or car payments, as well as any other assets such as pensions, stocks, savings accounts, CDs, etc. Be very aware that this is no time to kid around or forget anything, since providing inaccurate or downright false information on this form is a federal offense and could land you in prison for bankruptcy fraud. Do not be tempted to take the chance of making your bad situation much worse.If the outstanding balance on your mortgage is more than 80% of its value, you may keep your home. If you car is worth less than $2000 in fair retail price, you can also keep your car. If you have some money tucked away somewhere in a checking or savings account, you need to report it but you are allowed to keep $2000 in cash when filing bankruptcy. Your pension and IRA accounts are typically exempt, especially since there is usually a huge early withdrawal penalty if the funds are removed early to pay off creditors. If you have a children's college fund setup and as long as it is labeled as a college fund account, it is also exempt.Again, the reason for these exemptions is that filing for bankruptcy was designed to protect you from your creditors, where all of them are calling you at all hours of the day and night, sending threatening letters and sending collection agencies after you. Bankruptcy protects you from that stress. But at the same time, the purpose of bankruptcy is NOT to turn you into a homeless person who now lives on welfare. It is well understood that you need a place to live, clothes to wear, and transportation to get to work.Bankruptcy is not easy, and the recent drastic changes in the bankruptcy law make it something that is really no longer a do-it-yourself project. The money you save with a bankruptcy attorney to guide you through the process is a drop in the bucket compared to how much more you may have to give up if you don't know the letter of the law.
SOURCE: http://u.article99.com/jon-arnold/

why technical analysis is superior to fundamental analysis.
In this article I compare these two methods of forecasting in the stock market. I'll give the reasoning that why technical analysis is superior to fundamental analysis.
As you know, technical analysis concentrates on the study of market action, and fundamental analysis concentrates on the economic forces of supply and demand that cause price movements.
Fundamentalists try to determine the intrinsic value of the stocks. They examine all factors that affect on price. If the intrinsic value is under the current price, fundamentalist sells the stock because stock is over priced. If price is below the intrinsic value then market is undervalued and should be bought.
Fundamentalists study the cause of market movements, but reasons of movements aren't important for technicians. Technicians believe that the price reflects the effect of all events that make change in price. Therefore study of price action is all that they require.
Most people use both technical and fundamental analysis to trade. Many technicians have basic knowledge on fundamental approach and many fundamentalists have basic knowledge on technical analysis. But, most people have more interest on one method.
Why Technical Analysis
Fundamentalists must find the reasons of price movement. Sometimes this act is very complicated; there are so many factors that make change on price such as political, psychotically events and so on. To trade the fundamentalist must study and research tremendous amount of data that takes so much time and effort.
Technical analysis is Flexible and Adaptable
You can apply technical rules to every market either stocks or futures or any other market. The technician easily can follow many markets in the same time. This is a great strength because you can catch big movements in each market.
Trading in different Time Dimensions
You can use technical rules for daytrading, swingtrading, long term trading and etc. rules are the same you only change time of charts. Some people say technical analysis is only suitable for short term trading, but it is not true. Using weekly and monthly charts that refer to several years has proven the strength of technical analysis for long term trading.
SOURCE: http://u.article99.com/net-marketing-way/

During the worst volatility, sitting out is probably the wisest choice because you can get so whipsawed it makes your head spin, but there are a few ways to still come out a winner.
A lot of people wonder how in the world to make a trade in a market where choppy mood swings are an every day event. When this happens, instead of blindly throwing money at a stock you think should run, you have to take into account what "could" happen if you are on the wrong side of a huge drop. What is the average trader to do? Well, during the worst volatility, sitting out is probably the wisest choice because you can get so whipsawed it makes your head spin. But if you are one of the personality traits that says "I'll conquer this volatility and anything else that gets in my way," here are some suggestions to help you do just that. First realize that every average and every stock has a "trading range" that it goes through every day. For some issues it's only a 1/2 point, but on some issues it can be much more. It becomes very necessary for you to look at some charts and get a feel for how much your stock ranges in the course of normal trading before you can identify a move that is "outside" its "normal" course. So what do you do about that "abnormal" move? Do you sell in fear, or hold and hope? Here is a tip for you that may help. Unless a stock has some fundamental reason to move higher such as a news release, a stock split, an upgrade, etc. it will pretty much behave in step with the overall market. A "good stock" in the tech sector may be up nicely and moving well with the NASDAQ up 20 points, but if the NASDAQ tanks, you can bet your stock will too. So, your tech stock that is now down outside the "normal range" could certainly be there because the NASDAQ as a whole is now down 40 points. Now the question really isn't "what's wrong with my stock" because the answer is nothing, the question is "what's wrong with the NASDAQ?" This is where technical analysis actually becomes important and learning to spot support levels comes in. Let's say that your tech stock that just took a beating has good support at a certain level. If the move down hasn't violated that support level, keeping the trade in play probably isn't a bad idea since chances are the NASDAQ will have a move to the upside and bring your stock back up with it. But, if the loss violates that support level, bailing out may be the best choice since so many buy/sell programs are based on resistance and support that it could cause even more damage to the issue. On the other hand, if the stock you were in was a pure momentum play and support is several points below, it is often wisest to cut your loss quickly and get out while you can. When a momentum stock gets pulled back outside it "normal" range, it is often a bad sign, no matter what the averages are doing. So, in times of big volatility, knowing where technical support levels are in your particular stock, will often help you decide if you are still "okay" or about to get creamed. Learn the basics of reading a chart and study them so you can recognize support and resistance in a heartbeat, they will ultimately help you a lot!
SOURCE: http://u.article99.com/kim-lar-inc/