Best Forex Trading Awards
Widely recognised as a leader in online trading, ACM has on many occasions been awarded for the excellence of its products and services.
Listed below are some of the recognitions granted.
Wednesday, October 21, 2009
WAY OF THE TURTLE: THE SECRET METHODS THAT TURNED ORDINARY PEOPLE INTO LEGENDARY TRADERS
Product Description
“We’re starting to lift traders usually similar to they lift turtles in Singapore.”
So trade guru Richard Dennis reportedly pronounced to his long-time crony William Eckhardt scarcely twenty-five years ago. What proposed as a gamble about either good traders were innate or done became a mythological trade examination that, until now, has never been told in a entirety.
Way of a Turtle reveals, for a initial time, a reasons for a success of a sly trade complement used by a organisation well known as a “Turtles.” Top-earning Turtle Curtis Faith lays unclothed a complete experiment, explaining how it was probable for Dennis as well as Eckhardt to partisan twenty-three typical people from all walks of hold up as well as sight them to be unusual traders in usually dual weeks.
Only nineteen years aged during a time-the youngest Turtle by far-Faith traded a largest account, creation some-more than $30 million in usually over 4 years. He takes we during a back of a scenes of a Turtle preference routine as well as during a back of sealed doors where a Turtles schooled a remunerative trade strategies which enabled them to consequence an normal lapse of over 80 percent per year as well as increase of some-more than $100 million. You’ll discover
- How a Turtles done money-the beliefs which guided their trade as well as a step-by-step methods they followed
- Why, even yet they used a same approach, a little Turtles were some-more successful than others
- How to demeanour over a manners as a Turtles implemented them to find core strategies which work for any tradable marketplace
- How to request a Turtle Way to your own trades-and in your own hold up
- Ways to variegate your trade as well as extent your bearing to risk
Offering his singular viewpoint upon a experience, Faith explains because a Turtle Way functions in complicated markets, as well as shares hard-earned knowledge upon receiving risks, selecting your own path, as well as guidance from your mistakes.
From a Back Cover
After scarcely twenty-five years, a turtles come out of their shells.
Way of a Turtle takes a never-before-seen demeanour during a mythological Turtle Traders as well as a important examination which done them millions. Curtis Faith, a many successful part of of this chosen group, breaks a overpower to exhibit a rules, timing, risks, rewards, as well as secrets to his greatest trades as well as 100 percent annual returns. Sharing behind-the-scenes insights as well as step-by-step techniques, Faith shows how we can make use of a Turtle Way to grasp huge profits-whatever your ability level.
“The many successful turtle was assumingly Curtis Faith. Trading annals uncover which Mr. Faith, who was usually nineteen when he proposed a program, done about $31.5 million in increase for Mr. Dennis.”-Stanley W. Angrist, The Wall Street Journal
TRADING IN THE ZONE: MASTER THE MARKET WITH CONFIDENCE, DISCIPLINE AND A WINNING ATTITUDE
From Publishers Weekly
Douglas, boss of the convention organisation Trading Behavior Dynamics, focuses upon the psychology of successful traders. Instead of charity specific strategies, he advises readers, “The initial step upon the road…is to assimilate as good as utterly accept the mental realities of trading.” It might be as good epitome for some, though given trading’s risks, this book could support gifted investors peaceful to rivet in self-reflection. (Jan.)
Copyright 2000 Reed Business Information, Inc.
Product Description
Maximizing the trader?s state of thoughts is the pass to successful results. Conflicts, contradictions as good as paradoxes in meditative can spell mess for even the rarely motivated, shrewd as good as good grounded trader. Mark Douglas, the trader, personal trade coach, as good as attention expert given 1982, sends the summary which “thinking strategy” will profoundly change the trader?s success rate. Douglas addresses 5 really specific issues to give traders the discernment as good as bargain about themselves which will have them unchanging winners in the market.
Trading In The Zone offers specific solutions to the ?people factor? of commodity cost movement. It uncovers the loyal law-breaker for miss of coherence when it comes to batch picking: miss of concentration as good as self-confidence. Through elementary exercises, traders will sense how to consider in conditions of probabilities, as good as adopt the specific ideology required to building the winner?s mindset. Along the way, they?ll benefit profitable insights in to their own confirmed myths about the market.
Backed by constrained examples, Trading In The Zone adds the brand new dimension to removing an corner upon the market. Through the improved bargain of themselves, as good as of Wall Street?s realities, traders will come to precedence the energy of their essence for rare profitability.
THE SECRETS OF ECONOMIC INDICATORS: HIDDEN CLUES TO FUTURE ECONOMIC TRENDS AND INVESTMENT OPPORTUNITIES, 2ND EDITION
Review
From The Wall Street Journal, Nov 22, 2005:
“Whether you’re tracking cocktail culture, tall conform or illness care, all things have been connected, as good as economics is a tie which binds them all. For those who need to know some-more about mercantile trends as good as for those who haven’t a skills or credentials in a field, Mr. Baumohl’s book is a genuine deal. He miraculously breathes hold up in to mercantile indicators as good as statistics.”
From Library Journal:
“Baumohl, a former economics contributor for Time magazine, has created a tremendously utilitarian source upon mercantile indicators. Baumohl considers a accumulation of factors when describing any indicator, such as what usually it measures, how it is computed, where to find a applicable inform upon a web, a day as good as time this inform is released, a source of a information, as good as how mostly a report is revised. He additionally discusses a marketplace stroke of these indicators upon bonds, stocks, as good as currency. Bottom Line: Although this book is marketed as a apparatus for investors as good as is not orderly similar to a standard anxiety book, it belongs in a anxiety pick up since it explains so obviously what a assorted mercantile indicators have been as good as how to fix up interpretation about them. Recommended for all libraries. ” —Stacey Marien, American Univ. Lib., Washington, DC
–This content refers to a
Hardcover
edition.
Product Description
“This is a genuine deal. Baumohl miraculously breathes hold up in to mercantile indicators as good as statistics.” –The Wall Street Journal “This is a many present beam to mercantile indicators as good as their significance to monetary markets in print. The coverage of less-reported indicators, generally those from nongovernment sources, is tough to find elsewhere. The inclusion of a tangible published tables helps a newer tyro of a markets find a interpretation in a open release. For any one confusing to follow a mercantile data, this should be subsequent to your mechanism so which we can assimilate as good as find a interpretation upon a Internet.” –David Wyss, Chief Economist, Standard as good as Poor’s “I find Baumohl’s essay fascinating. In further to a critical indicators, he includes many which we hadn’t listened of. we unequivocally conclude which he tells we usually where to find any indicator upon a Web. Just about any one who’s critical about bargain which approach a manage to buy is headed will wish to review this book. It could be a classic.” –Harry Domash, Columnist for MSN Money as good as Publisher, Winning Investing Newsletter “Bernie Baumohl has achieved something of genuine worth in The Secrets of Economic Indicators. He has successfully demystified a universe of monetary as good as mercantile headlines which bombards us in a each day lives. Both veteran investors as good as infrequent observers of a universe of monetary as good as economics will be beholden for what he has done. The consistent tide of once bewildering headlines from a universe of commercial operation as good as monetary can right away be simply understood. Every commercial operation man or financier should keep a duplicate of Baumohl’s book tighten during palm as he or she catches up upon a business, batch market, as good as mercantile events of a day. It is great, during prolonged last, to have someone who has separated what might have been so confusing to so many as good as to have finished so with such conspicuous clarity.” –Hugh Johnson, Chairman as good as Chief Investment Officer of Johnson Illington Advisors “Bernie Baumohl has created a must-read tutorial as good as anxiety book which each particular financier will find necessary for watching, monitoring, as good as interpreting a markets. The each day upsurge of tall magnitude mercantile indicators is a things which creates monetary markets pierce as good as which can vigilance a large trends which have or mangle financier portfolios. Most important, Bernie’s prolonged knowledge in stating economics for Time Magazine helps have a ‘dismal science’ sharp-witted as good as interesting.” –Allen Sinai, President as good as Chief Global Economist, Decision Economics, Inc. “Baumohl has a present for receiving a difficult theme as good as permitting it to review similar to a fast-moving novel. My certainty in celebration of a mass as good as bargain mercantile indicators as portrayed in this book done me comprehend a possibilities this report binds for mending my personal net worth as good as navigating my commercial operation toward aloft profits. we suggest this book if we caring about your destiny finances.” –Morris E. Lasky, CEO, Lodging Unlimited, Inc.; Manager as good as expert for $6 billion in road house assets; Chairman, Lodging Conference; Chairman, International Hotel Conference “I consider this is an glorious book. It’s good written, permitted to a accumulation of readers, deals with an engaging as good as critical subject, as good as covers a subject well. It deserves to get a lot of notice as good as use.” –D. Quinn Mills, Alfred J. Weatherhead, Jr., Professor of Business Administration, Harvard Business School “Economic statistics, practice data, Federal Reserve surveys. Think they have been boring? Think again! They can expostulate markets in to a frenzy, causing billions of dollars to be done or mislaid in an instant. Bernie Baumohl brilliantly, clearly, and, yes, entertainingly describes what each financier as good as commercial operation physical education instructor should know about mercantile indicators: which ones pierce markets, how to appreciate them, as good as how to have have have have have use of of of of of them to mark as good as gain upon destiny mercantile trends. The Secrets of Economic Indicators is an unusual as good as judicious work–an enormously critical grant to a physique of monetary literature. Read it as good as afterwards keep it upon your desk. Consult it a subsequent time we have been deluged with a flurry of mercantile statistics. Your bargain positively will be enhanced, as good as your portfolio will expected be as well.” –Robert Hormats, Vice Chairman, Goldman Sachs (International) “If we wish to have income investing, this is an necessary trend-tracking apparatus which will assistance get we to a bank. This book is a genuine deal. Bernard Baumohl miraculously breathes hold up in to lethal mercantile indicators as good as tedious census interpretation …he knows what he’s articulate about, as good as his imagination proves it.” –Gerald Celente, Director, The Trends Research Institute COMPLETELY UPDATED! THE PLAIN-ENGLISH, UP-TO-THE-MINUTE GUIDE TO ECONOMIC INDICATORS: WHAT THEY MEAN, AND HOW TO USE THEM! Every day, investments rebound extravagantly in reply to brand brand brand brand brand brand brand brand new mercantile indicators: census interpretation which produce consequential clues about a destiny of a manage to buy as good as a markets. Now, we can have have have have have use of of of of of these indicators to have smarter investment decisions, usually similar to a professionals. You do not need an economics degree, or a CPA–just The Secrets of Economic Indicators, Second Edition! Using up-to-the-minute examples as good as real-world stories, former TIME Magazine comparison economics contributor Bernard Baumohl illuminates each U.S. as good as unfamiliar indicator which counts right now. You’ll clarity where to find them, what their lane annals are, how to appreciate them, as good as how to have have have have have use of of of of of which report to have improved decisions. Baumohl has entirely updated this best-seller with brand brand brand brand brand brand brand brand new data, brand brand brand brand brand brand brand brand new examples, brand brand brand brand brand brand brand brand new indicators, as good as revised analyses–including a brand brand brand brand brand brand brand brand new comment of a worth of produce curves in presaging commercial operation cycles. Thousands of investors as good as commercial operation planners swore by a First Edition: these updates have it even some-more valuable. / New! Today’s 10 many consequential heading indicators Better ways to envision mercantile branch points in time to distinction / Get forward of a bend with a ultimate U.S. indicators New insights in to U.S. employment, monetary policy, inflation, collateral flows, as good as some-more / Emerging unfamiliar indicators we need to lane From China to India, Europe to Brazil…and over / Making clarity of indicators in dispute What to do when a numbers remonstrate / Finding a interpretation Free Web resources for a ultimate mercantile interpretation / Which mercantile indicators unequivocally have a difference right now? / What do they meant for stocks, bonds, seductiveness rates, currencies…your portfolio? / How can we have have have have have use of of of of of them to have faster, smarter investment decisions? / Simple, clear, non-technical, friendly, usable…the usually book of a kind! / By Bernard Baumohl, eminent mercantile researcher as good as former award-winning TIME Magazine monetary publisher New edition, with endless brand brand brand brand brand brand brand brand new coverage: / Many brand brand brand brand brand brand brand brand new U.S. as good as tellurian indicators, from brand brand brand brand brand brand brand brand new practice reports to box bureau profits / New examples as good as up-to-the-minute interpretation / Updated analyses of produce curves as good as alternative pass metrics / More general coverage / New rankings of heading mercantile indicators, as good as most some-more About a Author xiii What’s New in a Second Edition? xv Preface xvii Acknowledgments xxiii Chapter 1 The Lock-Up 1 Chapter 2 A Beginner’s Guide: Understanding a Lingo seventeen Chapter 3 The Most Influential U.S. Economic Indicators twenty-five Chapter 4 International Economic Indicators: Why Are They So Important? 325 Chapter 5 Best Web Sites for U.S. Economic Indicators 373 Chapter 6 Best Web Sites for International Economic Indicators 381 Index 387
THE COMPLETE IDIOT’S GUIDE TO FOREIGN CURRENCY TRADING
Product Description
The usually how-to beam to today?s many lucrative, fast-moving investment opportunity. Interactive CD included!
Once deliberate a many epitome of all kinds of investing, unfamiliar banking trade has exploded in to a mainstream. In this concise, easy-to-follow guide, unfamiliar sell consultant Gary Tilkin as well as monetary publisher Lita Epstein strew light upon a finish process, upon condition that tips upon successful trade strategies, explaining a pitfalls, display how to equivocate on-line fraud, as well as most more.
–Interactive enlightening CD facilities Global Foreign Trading?s exclusive program DEALBOOK, that allows readers to record upon to a site as well as sense a routine of banking trading, finish with practical dollars with that to make use of their brand new trade skills
–Also includes live links to up-to-the-minute report upon each unfamiliar banking as well as stream resources veteran traders make use of to get discernment in to this fast-paced market
About a Author
Gary Tilkin is a owner as well as CEO of Global Forex Trading, an on-line trade association unfamiliar exchange, as well as a nationally eminent consultant in banking trade as well as destiny markets with over thirty years of experience.
Lita Epstein is a monetary bard who additionally develops online courses upon investing for early retirement as well as financial as well as investing for women. She is a writer of The Complete Idiots Guide to Social Security as well as Medicare.
FOREX TRADING USING FIBONACCI AND ELLIOTT WAVE
About a Actor
Todd Gordon is a Senior Technical Strategist for FOREX.com, writer of a during large review Strategy of a Day investigate report, as good as Trader for GAIN Capital Asset Management. He is a visit writer to monetary headlines channels such as Bloomberg, BNN, as good as CNBC, as good as has since seminars in regions around a universe together with a Far East, a Middle East, Eastern Europe, as good as a US. He is additionally a visit writer to publications such as Technical Analysis of Stocks as good as Commodities as good as Futures. Todd s recognition stems not usually from his discernment as a trader, though additionally from his straightforward, rarely transparent, as good as vehement proceed to his every day investigate report. In his report, The Strategy of Day, Todd shares with clients of FOREX.com his technical, fundamental, as good as inter-market analysis, as good his full traffic devise together with entry, exit, as good as stop detriment parameters good prior to he initiates a traffic in G.C.A.M’s managed accounts.
Prior to fasten GAIN in 2004, Mr. Gordon was a executive with Connors Capital, LLC, a sidestep account in Los Angeles. He began his veteran career traffic equities with Aspen Trading.
Product Description
Let acclaimed forex merchant Todd Gordon give we his FEWL complement in this brand new course, as good as we will be positioned to brand a strong, trending relations in between currencies to regularly squeeze enlarge traffic after trade.In a single of a many ominous as good as interesting courses since by any trader, we will gain:
-Simple, ready to have have make use of of of explanations of Fibonacci as good as Elliott Wave speculation as good as application,
-Powerful FOREX traffic psychology strategy which capacitate we to exploit fright as good as greed,
-The 6 questions which can exponentially increase your gains,
-Specific patterns as good as strategies which have proven in effect during profiting from FOREX.
On their own, these proven techniques have been powerful. But, a multiple of these in Todd s singular regulation will spin your portfolio in to a appurtenance a single which will spin out winning trades in even a toughest markets.
Fibonacci as good as Elliott Wave have been used by traders for years as good as can right away assistance we enlarge your wins as good as secure your profits. As a writer of a widely-read Strategy of a Day investigate report, Todd is well known for his successful picks of tops as good as bottoms. In this DVD, he goes serve than he ever has prior to to put which sort of energy in to your hands. As a successful Gain Capital Group merchant as good as renouned orator for FOREX.com, many people have already detected because his process is so arguable as good as profitable. Don t skip out! Watch currently to clarity because this complement is so successful!
Looking for a approach to have clarity of your a one elite banking pair?
In this 90-minute seminar, FOREX.com s Todd Gordon will uncover we how to successfully have have make use of of of his a one elite collection to knock out a forex markets. His complement F.E.W.L. stands for Fibonacci Elliott Wave Levels Todd s elite process for receiving distinction from a markets, even during a many flighty of times.
In his entertaining, give as good as take style, Todd will excavate in to a underlying beliefs of his elite traffic methodology. He will cover simple marketplace psychology prior to jumping in to how to have have make use of of of Fibonacci projections as good as extensions, how to have clarity of Elliott Wave counts, as good as how to mix both for a sure-fire corner in a forex markets.
Win at Forex Trading - Can You Be a Winner? Answer the Questions Enclosed and Find Out!
95% of all Forex traders lose and if they asked themselves the questions enclosed, they would be able to see if they can win at Forex trading in advance. So do you have what it takes to be a winner? Find out now, by answering the questions enclosed and find out.
Lets start with an question which most novice traders fail to answer correctly and it's this...
Do You think You can win by Following a Forex Robot and making no effort?
If you answered yes to the above, you are a hundred percent guaranteed to lose. Anyone who thinks they can make an income for life by following a cheap Forex robot and making no effort, is either very naive or a fool.
If Forex trading was as easy as the Forex robot vendors make out 95% of traders wouldn't lose money, these robots are so cheap because they don't work and its the vendor, who makes the regular income from sales, while the person who trades them losses.
Do you think because your clever or you work hard your chances of success are increased?
If you answered yes to this question - you are wrong. Hard work doesn't guarantee success, only being right with your trading signal does, also complex systems tend to lose, because they have to many elements to break whereas, a simple system is more robust. Forex trading success requires you work smart and have a simple system and that should only take a few weeks to learn, don't work harder than you need to!
Do you think you can predict Forex prices in advance?
This is one of the biggest myths of Forex trading - you can't, because humans make prices and their creatures of emotion not of logic. If you try and predict prices in advance, you are going to lose.
The only way to win is to trade the reality of price change as it occurs and wait for confirmation of a low or high being made. Sure you miss the first part of the move but by doing this you have the odds on your side and can make a lot of money. Forex trading is not about buying exact lows, its about making money and if you got just 50% of very major trend you would be very rich.
Do You think you can make a regular monthly income at Forex trading?
If you do your wrong , because even the best traders will lose for long periods at some point and you will to, you need to judge your performance over a year and not over single months. Sure you can make a lot of money long term but you need to ride out periods of losses to enjoy long term Forex trading success.
Can you accept total responsibility for your actions?
If you can't don't trade Forex! The successful trader doesn't listen to anyone else, he knows only he can give himself success and is prepared to take total responsibility for his destiny and you must to, if you want to win at Forex trading
You can Win Here's Why...
You can win because as you have seen you only need a simple system to win and you don't even need to work hard to achieve success. All you need to do is combine a simple system, with the discipline to follow it to success and accept responsibility for your actions and success can be yours. So learn Forex trading the right way and for your effort, you could change your financial future forever.
Forex Market is any place where currencies of different countries are bought or sold. The complete term is Foreign Exchange Trading and the term forex is only an abbreviation of the complete term. Unlike the NYSE or any other stock exchange there in not a single centrally cleared marketplace where this exchange is conducted but a set of interconnected market places. The main trading centers for these are located in London, Singapore, New York and Tokyo. In the world of global business many transactions are conducted. To complete these transactions payments need to be made in a certain currency.
This creates demand for a certain currency (using which the said payment has to be made) and this currency has to be purchased, or exchanged, using another currency. This demand and supply equation causes the exchange rate fluctuations. The reasons for change are discussed later in detail. Around ten years ago only large banks and institutions participated in forex trading. This was because only these could muster the requisite tools and systems needed to participate in this complex trading. But this scenario was soon changed by advent of certain technologies which have enabled even retail investors to participate in these markets.
Other details
The forex market is the largest and the least regulated market in the world. It also has the distinction of being open for all times of the day and night, except weekends. This is because when the Asian segment closes, the European segment opens and when the European one closes the American segment opens. The cycle is completed when on the closure of the American segment the Asian one opens. The volume of trade and the liquidity in the market is unparalleled and so is the geographical dispersion of the market.
The FAP Turbo Question - Is the FAP Turbo As Good As the Other Forex Robots?
The fact that no other foreign exchange robot in the market today can yield more profit for its traders other than the FAP Turbo, is really quite undisputable. Every month, there is an automated software being introduced and at this point, you might be wondering if your purchase of this software is still a good decision that you have made. Some questions would be lurking in your mind like, is that new software better? Or is it more profitable? How would it differ with the one I currently have?
Considering the prices of these automated trading systems, they do not match with the FAP turbo in terms of the profit that it is able to deliver with your every trade. Its positive trading results do not match any of its competitors in the market today. This exceptional software continues to bring you higher profits everyday. Investment amounts do vary, so profits are dependent on the amount that others put in. But most of the time, this software doubles your money in just a few days of trading. The website clearly shows the actual trading results in real time. There is a table that shows genuinely high profits in every few minutes or so during an actual live trade.
The FAP Turbo is capable of making money, allowing small but highly successful trades, which gives an average trader a reliable sum of profit over time. Depending on your investment, it can triple the amount you put into it. This Forex robot is very simple to use and is a very wise investment. Upon purchase of this system, you can sign up and register for a free VIP access to their website that contains all the guides and updates of this incredible Forex tool. It is easily downloadable and installs in just a few minutes. Very user-friendly and you are immediately given a license code for the FAP Turbo to give you a full access to this Forex robot which will easily help your investment to grow substantially.
To date, the FAP Turbo is still considered to be a very productive financial tool to a lot of traders whether new or old in the business of foreign exchange. It is a very intelligent program that you can rely on to do Forex trades for you without really having to sit and wait and watch out for the foreign exchange market results round the clock.
Automated Forex Software - Why All the Cheap Forex Robots Destroy Equity Quickly!
You will see numerous automated Forex software packages sold for a couple of hundred bucks and they all claim, they can give you a lifelong income for this small fee - it looks to good to be true and of course it is, as users soon see their accounts turned to dust - lets look at why they lose.
Let's look at a simple statistic - 95% of currency traders lose money and that's a big percentage! If it were as easy to make money as plugging in a cheap piece of software, a lot more traders would win and they don't furthermore, why would anyone bother to work? They could simply get a lifelong income for a couple of hundred of dollars or even less!
So why do ALL these cheap automated Forex trading systems lose money?
Check the track records and you will see claims of huge gains but not ONE of these systems, can produce an audited track record of real money gains! So how do they manage to show such huge gains? Simple they make them up:
The track records are just based on simulations going backwards, knowing all the closing prices; well how easy is that? So easy, my 12 year old niece could do it but I wouldn't trust her to trade my money!
You do get some vendors who put up on their sites account statements and say there true but you have to take their word for it and personally, I don't want to take the word of the person selling the system.
If you are serious about learning to trade forget software packages, with claims of huge profits with no drawdown, its fantasy not reality and if you want to win, get yourself a good Forex education. While you have to put in some effort no other venture will reward you so well for the effort you make.
NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE
Tuesday, October 20, 2009
Fatal Airline Events Associated with New York City
The fatal airliner events occurring in New York City in the latter part of 2001 have caused many to question whether New York City and its airports have had a disproportionate share of fatal events. Below is a list of fatal events involving airliners in New York City or airliners that were either inbound or outbound to one of the three New York City area major airports. The list includes scheduled and non-scheduled jet airline flights that occurred since 1970 and may include passenger fatalities due to hijackings, sabotage, or military action.
- 2 May 1970; ALM DC9-33CF; near St. Croix, U.S. Virgin Islands: The aircraft had departed JFK airport in New York for St. Maarten in the Netherlands Antilles. After three missed approaches, the crew diverted to St. Croix. While en route, the aircraft ran out of fuel and the crew ditched the aircraft. While the flight crew made specific preparations for ditching, the imminent ditching was not communicated to the cabin crew. As a result, several occupants were not belted in at the time of the ditching. The aircraft remained afloat for five to six minutes before sinking in waters about one mile (1600 meters) deep. One of the six crew members and 22 of the 57 passengers were killed. The accident was investigated by the NTSB and the details are available in NTSB report NTSB-AAR-71-8 dated 31 March 1971.
- 24 June 1975; Eastern Airlines 727-200; New York, NY: The aircraft was a scheduled flight from New Orleans to JFK Airport in New York that crashed on approach after encountering wind shear associated with a very strong thunderstorm. Six of the eight crew members and 107 of the 116 passengers were killed.
- 27 April 1976; American Airlines 727; St. Thomas, U.S. Virgin Islands: The aircraft was on a scheduled flight from JFK airport in New York to St. Thomas. The aircraft overran the runway after an unsuccessful attempt at aborting the landing. Two of the seven crew members and 35 of the 81 passengers were killed.
- 27 March 1977;Pan Am 747-100; Tenerife, Canary Islands: The aircraft had been scheduled to arrive at the Las Palmas airport after a non-scheduled flight from New York's JFK airport, but was diverted to Tenerife after a bomb explosion at the Las Palmas airport. Because of limited visibility and communications difficulties between air traffic control and a KLM 747 aircraft, the KLM 747 started its takeoff and collided with the Pan Am 747 that was taxiing on the same runway. Nine of the 16 crew and 321 of the 380 passengers on the Pan Am flight were killed. All 234 passengers and 14 crew on the KLM 747 were killed.
- 21 December 1988; Pan Am 747-100; near Lockerbie, Scotland: The aircraft was about a half hour into a scheduled flight from London's Heathrow airport to JFK airport in New York when a bomb detonated in the forward cargo compartment. The explosion led to an in flight breakup of the aircraft. All 16 crew and 243 passengers perished. Eleven people on the ground were also killed.
- 20 September 1989; USAir 737-400; La Guardia Airport, New York: The crew incorrectly trimmed the rudder for takeoff and were forced to abort the takeoff. The aircraft overran the runway and was partially submerged in water. Two of the 55 passengers were killed.
- 25 January 1990; Avianca 707-300; Cove Neck, NY: The aircraft crashed about 20 miles (32 km) from the airport due to fuel exhaustion during its second approach to JFK airport after a scheduled flight from Medellin, Colombia. The NTSB determined that the accident happened in part due to the crew's inadequate fuel management and their failure to communicate their fuel status to ATC. Eight of the nine crew members and 65 of the 149 passengers were killed. There were 11 infants among the passengers, and one of the infants was killed.
- 22 March 1992; USAir F28-4000; New York, NY: The aircraft crashed just after takeoff due to icing on the aircraft's wings. The aircraft was departing from La Guardia airport under in snowy conditions. Three of the four crew members and 24 of the 47 passengers were killed.
- 17 July 1996; TWA 747-100; Atlantic Ocean near Long Island, NY: The aircraft was on a flight from JFK airport in New York to Paris and had a catastrophic in flight breakup shortly after departure. All 18 crew and 212 passengers perished.
- 2 September 1998; Swissair MD11; near Halifax, Canada: The aircraft was on a nonstop flight from New York's JFK airport to Geneva, Switzerland. The aircraft crashed at night in the Atlantic Ocean close to shore about 50 miles (80 km) southwest of Halifax, Nova Scotia. All 15 crew members and 214 passengers were killed.
- 31 October 1999; EgyptAir 767-300ER; Atlantic Ocean near Nantucket Is., MA: Radar and radio contact with the aircraft was lost shortly after the aircraft departed JFK Airport in New York on a flight to Cairo. The aircraft was last sighted about 60 miles (96 km) SSE of Nantucket Is. The flight was carrying 15 crew members and 202 passengers.
- 25 July 2000; Air France Concorde near Paris, France: The aircraft was on a charter flight from Charles de Gaulle airport near Paris to JFK airport in New York. Shortly before rotation, the front right tire of the left landing gear ran over a strip of metal which had fallen off of another aircraft. Pieces of the damaged tire were thrown against the aircraft structure. There was a subsequent fuel leak and major fire under the left wing. Power was lost on engine number two and for a brief period on engine number one. Shortly after engine number one lost power for the second time, the crew lost control of the aircraft and crashed into a hotel in the town of Gonesse. All 100 passengers and nine crew members were killed. Four people on the ground were also killed.
- 11 September 2001; American Airlines 767 (Flight 11); World Trade Center, New York: The aircraft was on a flight from Boston to Los Angeles when it was hijacked and flown into one of the World Trade Center Towers. Another jet, a United Airlines 767, was hijacked and crashed into the other tower. Both towers later collapsed. All 11 crew members, 76 passengers, and five hijackers were killed, as were untold numbers of people on the ground.
- 11 September 2001; United Airlines 767 (Flight 175); World Trade Center, New York: The aircraft was on a flight from Boston to Los Angeles when it was hijacked and flown into one of the World Trade Center Towers. Another jet, an American Airlines 767, was hijacked and crashed into the other tower. Both towers later collapsed. All nine crew members, 51 passengers, and five hijackers were killed, as were untold numbers of people on the ground.
- 11 September 2001; United Airlines 757 (Flight 93); near Pittsburgh, PA: The aircraft was on a flight from Newark to San Francisco when it was hijacked. However, the aircraft crashed outside Pittsburgh. All seven crewmembers, 34 passengers, and four hijackers were killed.
- 12 November 2001; American Airlines A300; Queens, New York: The aircraft was on a flight from New York to Santo Domingo, Dominican Republic when it crashed into a residential neighborhood just outside JFK airport. The aircraft experienced an in-flight breakup, with the vertical fin and one engine landing away from the main impact site. There were a number of homes damaged or destroyed by the crash, and five people on the ground were killed. All nine crew members and 251 passengers on the aircraft were killed, including five infants.
Judge challenges Silverstein's $2.8B WTC airlines suit
Developer Larry Silverstein may not be able to collect $2.8 billion in damages he was seeking from airlines and security companies he claims are partially responsible for the Sept. 11, 2001, terrorist destruction of the World Trade Center, according to the most recent ruling in the eight-year saga.
A judge for the U.S. Southern District ruled last week that $4.1 billion in insurance claims Mr. Silverstein's firm, World Trade Center Properties, has collected from various insurers may offset any damages he was seeking from the airlines.
The court earlier this year limited Mr. Silverstein's claim against the airlines and security companies to a maximum of $2.8 billion—a much smaller amount than the $12.8 billion he sought in the original suit, filed in 2004.
Mr. Silverstein sued the airlines and security companies for failing to prevent the attacks and was seeking damages for his losses after the Twin Towers fell.
The aviation defendants argued that the insurance recovery World Trade Center Properties had already received—the $4.1 billion—should be used to offset Mr. Silverstein’s claims against the airlines and security firms.
Mr. Silverstein argued that the two claims are not related and should go to a jury trial. A WTCP spokesman noted this week that the firm is still allowed to sue for further “consequential” damages.
Each side declared victory in the latest ruling.
WTCP can pursue its quest for damages. Indeed, a representative for Mr. Silverstein said this week WTPC plans to continue with the lawsuit.
As for the airlines, the judge noted in his ruling that he considered the $4.1 billion that WTCP collected covered both the costs of replacing the buildings and the business lost in the interim, “unless WTCP pleads and proves specific facts” that the money applied to other things. The court also ruled that Mr. Silverstein was not entitled to recover the costs of replacing tenants, nor could he recover lawyers' fees from the airlines.
The airlines have spent years fighting to lower the potential monetary damages from Mr. Silverstein’s suit. Last year, their legal team even suggested the suit was seeking more money than the total amount of insurance the airlines and security firms had available.
Correction: Larry Silverstein’s World Trade Center Properties may still proceed with its lawsuit seeking $2.8 billion in damages against the airlines and security firms involved in 9/11 attacks. That fact was misstated in an earlier version of this article published Oct. 7, 2009.
Airline trade group predicts 2009 loss of $11B for carriers
Global airline losses are headed for a worse-than-expected $11 billion this year and it's not clear when lucrative business travel will rebound to pre-recession levels, a trade group said today.
As recently as June, the International Air Transport Association had expected airlines to lose $9 billion this year. But airlines lost $6 billion in the first half alone. They're still suffering from persistently high fuel prices, weak demand, and falling fares.
Planes at Newark Liberty Airport in this 2008 file photo. Airlines are expecting more than $11 billion in losses this year, a trade group said today.Airlines have struggled to fill seats -- especially the profitable ones at the front of the plane, and last-minute business travelers who pay more. Demand for business and first-class seats has dropped 20 percent, compared with a 5 percent drop in coach.
The amount passengers will pay to travel is expected to fall 12 percent this year.
"When yields fall, they almost never recover," said Giovanni Bisignani, IATA's director general and CEO, speaking at a news conference in Washington.
Because of the recession, airlines are losing more money in 2008-2009 than they lost in 2001-2002 after the Sept. 11 attacks, Bisignani said. After Sept. 11, it took more than three years for airline revenues to recover -- and that was in a much smaller recession, he said.
"This could be a long-lasting structural change," he said. "Even with better volumes we don't see industry revenues returning to 2008 levels until 2012, 2013 at the earliest."
IATA predicted a 2010 loss of $3.8 billion, and said it doesn't expect the industry to turn a profit until 2011 at the earliest.
Bisignani said they are starting to see the beginnings of an economic recovery, especially in Asia. That's helping to stem the declines in travelers and freight. But passengers are paying less to travel than they used to, and oil prices have risen. The air transport group said those factors are more than offsetting economic growth.
"Unfortunately the prices of fuel are increasing, anticipating a recovery that we do not see in our business," Bisignani said.
Cargo is no better. Freight haulers have taken 227 cargo freighters out of the fleet. But remaining freighters are flying only half full, IATA said. Delta Air Lines Inc. has said it will ground its fleet of 14 747 freighters by the end of this year, although Delta and other carriers also haul cargo in the bellies of their passenger jets.
The amount of cargo shipped in July fell 11.3 percent compared to the year before. Still, that was better than the 23.2 percent dropoff in June.
"This is a sign that the global economy is starting to work, but it's weak, and it's fragile," Bisignani said.
Bisignani said airlines aren't looking for government bailouts, but they do need action to make it possible to turn a profit, he said. He called on airports to cut fees, and praised a 25 percent reduction in charges to operate at Singapore, and 50 percent in Malaysia. He said he's concerned that John F. Kennedy and Newark Liberty airports, meanwhile, "could soon become the most expensive airports in the world."
The Port Authority of New York and New Jersey, which runs both airports, responded with a statement saying, "Airlines regularly seek to enter this market and those who already serve the region often look for ways to expand."
Losses Swell for the World’s Airlines, Trade Group Says
PARIS — Despite early signs of global recovery, rising fuel costs and weak travel demand are keeping the world’s airlines in “survival mode,” with predicted losses now expected to swell to $11 billion by the end of the year, a leading industry trade group said Tuesday.
The International Air Transport Association revised a June forecast of a $9 billion industry-wide loss in 2009 and said the pain would continue into next year, with an expected loss of $3.8 billion in 2010.
“The global economic storm may be abating, but airlines have not yet found a safe harbor,” said Giovanni Bisignani, chief executive of the association, which includes 230 of the world’s largest carriers. “The crisis continues.”
The news came as Japan Airlines announced plans to cut 6,800 jobs, trim routes and quickly secure emergency funds from an overseas carrier, stepping up restructuring efforts amid mounting losses that threaten to pull the flag carrier under.
Global revenue is set to drop by 15 percent to $455 billion, though it is expected to stabilize by next year as airlines continue to park aircraft and reduce flight frequencies in order to keep seats filled.
Still, the association warned that it could take at least three years before revenue returns to the peak of $535 billion seen in 2008.
Global airline revenues are set to drop by 15 percent to $455 billion, the I.A.T.A. said, though they are expected to stabilize by next year as airlines continue to park aircraft and reduce flight frequencies to keep seats filled. Still, the group warned that it could take at least three years before revenues return to the peak of $535 billion seen in 2008.
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The air association more than doubled its predicted losses for North American and European airlines, saying that high levels of unemployment and consumer debt in those regions would continue to restrain spending on air travel.
North American carriers are now expected to lose $2.6 billion this year, up from an earlier forecast of $1 billion, while European airlines will probably lose $3.8 billion, compared with the $1.8 billion predicted previously.
Airlines in the Asia-Pacific region, where consumers are less burdened by debt, will probably see a faster and stronger improvement in traffic, the air association said. The region is expected to post a loss of $3.6 billion this year, but should return to modest profitability by the end of 2010.
Middle East and Gulf carriers, meanwhile, are bouncing back rapidly. The trade group slashed its forecast losses for the region to just $500 million this year from $1.5 billion previously, as carriers like Emirates, Etihad and Qatar Airways continue to capture market share on long-haul routes to Europe and the Far East.
Average fares per mile, known as yields, are expected to fall 12 percent this year as a 20 percent drop in demand for business- and first-class travel has forced airlines to slash premium ticket prices — traditionally the industry’s biggest moneymakers. Coupled with a 15 percent drop in cargo revenue, the air association warned that the current crisis would “leave a lasting mark” on the industry’s structure.
Many airlines are already charging extra for checked luggage and meals, while cutting back on the number of first- and business-class seats in their cabins. In Europe, a growing number of main line carriers have done away with premium seats altogether on flights of less than three hours.
The association said it had also revised its estimate for world airline losses in 2008 to $16.8 billion from $10.4 billion, to reflect accounting changes and restatements by some of its 230 member airlines.
“The bottom line of this crisis — with combined 2008-9 losses at $27.8 billion — is larger than the impact of 9/11,” Mr. Bisignani said. The terrorist attacks on the United States in September 2001 resulted in total industry losses of $24.3 billion through the end of 2002.
Airlines and the European Trading System
The European Union is expected to release a complete list of airlines that will be required to participate in the European cap and trade system later this month, but a preliminary list includes over 700 airlines registered in the U.S. including Delta, United and American Airlines.
Many governments, airlines, and industry groups see the move as a violation of national sovereignty and a bad move for business, imposing additional cost burdens at a time when airlines are facing difficult economic conditions.
However, a report released recently by the German air marchal - Climate Policy and Industrial Competitiveness - reveals that Europe’s cap and trade has Emissions trading does not inevitably impose net costs on industry. Indeed, notes the report, despite initially opposing the EU ETS, all participating industrial sectors in Europe have in aggregate profited from its operation to date-perhaps excessively.
While the airline industry has been left out of many national carbon reduction goals in the past (as a direct result of the industry’s omission from the Kyoto protocol) many regions are now looking to the sector for carbon reduction savings.
One major fear for U.S. carriers is that a regional approach will result in double carbon taxation, as the current climate bill that passed in the House already includes taxation on jet fuel. The EU has vowed to honor other regional pacts and to eliminate double taxation in a timely manner.
Unlike Utilities, who can invest in renewable energies and technologies to immediately offset their carbon liability, airlines face fewer options. The most feasible are to improve fuel efficiency or purchase additional carbon permits from the E.U. The European model does not have a hard cap, meaning that airlines can purchase as many permits as they like, if they can afford it.
Friday, October 16, 2009
Automatic Forex Trading Software
Awareness with regards to software had surprisingly increased from the time when automated systems was established and became usual as well as made available. What was once the sole domain of banking companies and other such large investors, financial and otherwise, is now luring tiny and mid level investors. This is the market where one trades currency of one country with that of another. Trillions of dollars change hands here every day, on a straight basis, which makes it the largest financial market in the world.
Now that there is the internet and sophisticated computer technology in place, any one with an net link, forex dealing computer software, account and good brokering knowledge can deal in forex. This broad marketplace is open round the clock so if you want to keep updated with the events going on inside you should be able to keep an eye for it. These automated systems can actually help you with choosing not only the currency ahead of any purchase but also the asking and selling price involved. What are required are a tiny investment sum and a broking agent for immediate transactions.
Making money in this deal or market needs no proper proficiency since all the work will be done by the automated forex trading software systems for you. In the case of managed accounts utilizing the automated trading systems, the program automatically manages all the details for you. Since you do not get involved in trading yourself, you save a lot of time using this process. Unlike manual dealing the automatic dealing platforms can assistance you control more than one account at the simultaneously. When you want to trade in multiple markets with multiple systems, these programs allow you to do this.
There is this added benefit with forex dealing software programs where you can trade anytime you wish, without having to be there in person. You will never miss a good chance of making profits, even when you are away from the computer. Not only does this make working with multiple systems a piece of cake, it also gives you the chance of marshalling many of your forex strategies instantly. You can broaden your investment and get the utmost profits that you desire with the nominal risk involved since the activation of each system is intended to be carried out by various specific deal elements.
To avoid making illogical dealing decisions, this forex trading software doesn’t actually consider any human ingredients to interfere and this is just the best thing in having this computer software. This enables you to manipulate as well as deal in multiple currencies concurrently.
If you want to enjoy those maximum returns that you can get from this forex trading software then you might as well be taught of the basics of trading, the analysis concerned to it, the study of market trends and indicators, etc. Even when one used a highly advanced automated system, it still does not ensure profits, since the forex market is changeable and unpredictable. It is possible to set the program of the forex trading computer software with ease and you can even tailor-make the settings to suit your own tastes.
FOREX Trading - An Assets Breeding Business In The Internet
You may understand that the is a apparatus acclimated by some humans in authoritative banknote by accepting online businesses. It is a actuality that the internet could bear banknote at your aperture if you accept ability on how. Absolutely you would like to try and acquire through the internet .
One way is traveling into FOREX trading. Although this online business has already existed for a amount of years, you accept to yield it into application and this is one of those newer assets breeding businesses through the internet .
The FOREX bazaar has alone been opened to banks and bunch corporations. They are alone the ones that accept been accustomed to barter in the all-inclusive and actual aqueous market. The bill is traded adjoin anniversary other. To accomplish here, one haveto understand if to barter specific kinds of currencies and which of this bill they should barter it adjoin with.
Because of the internet the FOREX bazaar has now opened to anybody who can admission the internet . This agency that you too can become a bill banker even if you accept no actor dollars to spare. With just a hundred dollars, you can now alpha trading bill in this actual ample market.
The abundant affair about this FOREX bazaar is that it is about consistently accessible everyday. This would beggarly that you are able to barter anytime of the day. The trading actuality can aswell be actual ample in agreement of the bulk of money that is getting circulated. In fact, individual trading day, there are hundreds of billions of dollars are exchanged.
In this affectionate of market, you are absolutely able to create some cash, if you understand how to barter in FOREX. So, just how will you get started in trading in this bazaar bold that you understand how to trade? All you charge is a computer or laptop with an internet connection. You will charge to assurance up an annual with a FOREX broker.
Then, you are provided with a trading software area you are traveling to abject all your trades from.
There are FOREX brokers that will be able to admonish you on what trades you should create and if to trade. This is why you haveto bethink to go with a agent that has a lot of acquaintance in the market. By accomplishing this you will be able to create abiding that you can create some money and aspersing the risks of accident your money.
Top Internet Companies: Top 10 Web Hosting, Top Thailand Hotels, Top 8 Forex Software platforms, Top best weight loss products
What is EUAIC Ltd ? The EUAIC is a organisation whose main aim is the stimulation and facilitation of the internationalisation of reviewing best web companies and products in Europe and around the world, and to meet the professional needs of individual companies online.
The EUAIC is a member-led organisation made up of individual members. It has a committed membership of more than 8 international professionals - international exchange coordinators. The EUAIC is dedicated to serving and representing best web companies and products online.
Directorate
The EUAIC has a permanent address in British Virgin Islands, headed by an Executive Director, and have permanent office in Slovenia (Europe). Governance of the Association is truly international, with the Presidency and Board drawn from a wide variety of countries.
Independent review of top 10 web hosting companies. Cheap professional web hosting services under $10 a month; all hosting providers listed include at least one free domain name registration and money back guarantee. Rate and review your hosting provider! EUAIC Ltd presents detailed reviews of the best web hosting companies on the Internet. In our hosting reviews, you will find our own detailed reviews about each web host, as well as user reviews and rankings. In addition to hosting company reviews, you will also find detailed information on features, performance, uptime, price and quality of each web hosting company.Forex, otherwise known as the Foreign Exchange currency market, is the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions.
The average daily trade in the global forex and related markets currently is over US$ 3 trillion. The interest thing is that while there are over 10,000 US-based stocks you can trade, there are only 10 currencies in the forex market that you can trade in "currency pairs".
So while this makes Forex a very lucrative opportunity, it is still relatively new to most investors. In fact, it's so new, that all of the Forex Program VULTURES have flooded the marketplace with their JUNK forex systems, forex programs and forex software.
It is very unfortunate that most of the forex programs, methods and systems out in the marketplace today are absolute garbage.
Beginners’ Guide to Web Hosting – 8 Tips to Find the Right Web Host For Your Web Site
When I created my first web site I had no idea what to look for when it came to web hosting and so I spent literally weeks browsing through hundreds of web pages in order to find the right web host. Not knowing what to look for in the first place also didn’t help. I decided there and then to publish a web site for all the people who are in the very same position as I once was. My intention with this site is to help you speed up the process of deciding on a web host by gathering all the relevant information on just one place and making it as easy to follow as possible.
Web Hosting is a big business, with literally thousands of web hosting companies out there that want to have their share in this business. It is pretty challenging to find the right web hosting company, especially if you are new to the business of web hosting. So the question is: How do you find the one company that is offering the hosting plan for your personal needs?
First of all, you need to decide what kind of web site you want to have because this will determine the web hosting package you need. If you are going to have a web site with only 10 pages and just a few pictures on it you don’t need unlimited bandwidth or disk space. However, if you want to have a more elaborate site, such as your own online business for example, you will need a web host that offers all relevant e-Commerce features so that you can handle your products, your customers’ data and the payments.
At the time that I started looking for a hosting company I didn’t have a clue of what I needed and on what criteria to base my decision on. So here are a few common criteria that you should check and some tips to follow before signing up for a hosting package.
- One of the main criteria for a good web host is their reliability, also known as uptime. Don’t even consider a web host that does not guarantee 99.9% uptime.
- Make sure that your web host offers a package that covers your needs, such as blog hosting features, e-Commerce, Linux or Windows hosting, etc.
- Make yourself familiar with the terminology of web hosting, that is all the features that web hosting companies might offer in their packages. How can you decide if you need MySQL, Apache, or PHP if you don’t know what they are?
- Check the company’s web site. If you have difficulties navigating through their site or if their texts are full of spelling and grammar mistakes, you can be sure that they don’t have their customers at the top of their pyramid.
- Read their Terms of Service before signing up.
- Do your own research on customer satisfaction. Read some reviews to find out what other customers have to say. It is a very good sign if most customers are happy as you will most likely have a similar experience then. However, also be aware that no web host has 100% customer satisfaction, as you are dealing with people and technical issues.
- However, avoid review sites with a ‘Top Ten List’ or ‘Best Hosting Reviews’, etc., as they are often just affiliate links and the companies are ranked according to how much they pay for someone signing up through that link.
- Contact the potential web hosting company by either phone or email. Ask one or two relevant questions and check their timeliness, friendliness and how knowledgeable the staff is as these are very important factors when dealing with the customer support in case problems arise with your web site.
Forex Trading Courses Online
Regi Ross asked:
Many years ago, Forex trading was possible when you’re in the actual trading platform. If you’re not present there, you can’t make a trade. Thanks to the introduction of the internet, it is now possible to conduct the Forex transactions from the comfort of your own home or even in the office. There are now Forex trading courses offered online which can help you with your trading concerns.
The communication industry has definitely contributed a lot to the growth of the Forex market. Trades can be done by way of phone or through online resources. Because of this, the Forex market is far larger than other major financial markets. By taking up trading courses on the internet, you can learn a lot about Forex trading. Newbies in the industry will definitely learn a great deal about this market and how to conduct their trades. A lot of things are free online but the trading courses require a minimal fee. The knowledge that you can gain from these courses are nothing compared to the fee that you’re going to pay. Besides, if you can become a good trader, you can earn more profits.
Before signing up for a trading course, you need to consider things like:
1.Who offered the trading course? Was offered by a reputable company or firm?
2.What is the reason behind the course offer?
3.Is the company or firm trying to promote a trading site where you can join in the future?
4.Is the course trying to push you in using a certain trading website? Are you being pushed to invest money?
Answer the questions and from your answers, you can already determine if the trading course is worthy or not.
You have to find a trading course which provides high standard learning. All the information contained in the website should not be replicated elsewhere. There are traders who don’t enroll in any trading course at all because they were able to find the information in free online resources. So why pay for information that you can get for free online, right? Conduct your research and check the background of the company or firm offering the trading courses.
Before choosing a trading course online, try to check Forex articles and expert advice posted on the internet for free. You can even join Forex forums and discuss Forex issues there. You can meet fellow traders who can provide you with useful info on how to trade effectively and wisely.
A good trading course should be able to provide you with different kinds of views from different established companies. It should not concentrate mainly on how a certain company conducts its trade. Look for reputable companies and firms that offer excellent trading courses. With a bit of research online, you will surely find the course that you’re looking for. Since you’re going to pay for the trading course, it should teach you everything you need to know about Forex trading which includes developing a trading system, using trend indicators, signal generators, flow charts, and many other things. The course should also teach you about the best trading software programs available in the market today.
Start looking for the best trading course online. With a very minimal fee, you can already gain priceless knowledge that you can use when you finally decide to enter the Forex market. Now, Forex trading will not be very difficult for you.
Switching From Stock Trading To Forex Trading
Trading the forex market is something that many stock traders have been switching to do. This is because it is much easier to trade the forex market and much easier to follow. Instead of following hundreds of different companies, you follow only a few major currency pairs. Also when trading the stock market you must keep up with both the economic situation of the countries and the companies, but in forex you must only worry about keeping up with the countries.
When trading the stock market, you also have to worry about paying $6-$10 just to enter into a trade. These costs can add up quick, especially if you are trading the market daily. In the forex market you only have to pay what’s called a spread, which is relatively cheap, much cheaper than the stock markets prices. This allows day traders to make many trades in the forex market on a daily basis and still not to pay much of a commission.
Another great thing about the forex market is that it’s open 24 hours a day. This means that you could be up at 3 A.M. trading the markets and making money. This is something that the stock market cannot boast of. The stock markets limited hours causes it to fluctuate every morning at its open. You do not have this problem when trading forex. The only time the markets are closed in forex are on Saturday and part of Sunday.
In the stock market you can only trade manually. In the forex market you can buy a forex robot and allow it to trade the market for you. A forex robot is a software program that automatically enters and exits trades in the forex market with the intention of turning a profit. Many traders cannot trade the stock market due to the fact that they work while it is open. In the forex market they are given two options, they can either trade manually when they get home from work, or they can have a forex robot trade the market for them 24 hours a day. Many traders used to be rejected to this idea but it has become extremelly popular recently.
If you still trade the stock market, then I bet by now you are considering trading the forex. With so many benefits it is easy to see why the forex market is attracting so many new traders every single day. Oh, I also forgot to tell you that the leverage in forex is very high, you can either trade with no leverage, or up to 1:400. So your profit making potential is extremely high this way, but so is your losing potential.
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