Resources

How to choose the right objectives in trading (based on Walter T. Downs) 07.06.2015

When things are going well, you feel great. But when your transactions are unsuccessful, your life can turn into a nightmare. You can earn money for weeks and lose everything in a few minutes. This situation is repeated again and again, each generation of traders encounters this. Therefore, everyone should keep in mind this possibility and be ready to break the game. Rational observation and logical reasoning will allow you to find the answers to the right questions. In this article we will see what actually make the successful traders different. The following 10 cases, we will name these observations, will show the distinctions and will be a success measurement. 1st Observation – The largest number of failures is typical for daily or short-term traders. The reason for this is not even in the compressed time frame, but the fact that many of these traders are deprived of good training and a comprehensive plan for the game. This type of trading does not forgive even minute errors...

click for more

Forex Islamic account - explained15.06.2015

As it is well known, the Islamic world lives according to its own laws and principles that every Muslim is obliged to respect and honor the sacred. Not to mention the everyday and religious way of believers, the bans of Sharia, known as "Haram", make adjustments also in the economic sphere of life. The things that in non-Islamic world seem familiar and commonplace, for Muslims these are simply impossible. For example, many banks in Muslim countries operate from Sunday to Thursday, because Friday is considered a free day. All the transactions are also made in these specific days. More than this, the Sharia forbids the credit with interest rate. That is why the bank rates are calculated for Muslim clients more complicated. If you will look closer, you will notice that there are more restrictions than permitted things, so it is not surprising that banks and financial institutions are trying to get out of the situation by introducing its specific standards for Muslim customers. What is t...

click for more

What determines the level of the exchange rate?10.06.2015

The theoretical level Exports and imports Import increases compared with the export depending on how the price and the cost of production in the state exceed the same performance abroad. Thus, the high price of the currency of foreign states is formed from the fact that domestic prices are high, and in the international market, in contrast, is low. This factor, which was of great importance in the 20 years of XX century, is called the "purchasing power parity" of the exchange rates. According to this parity, the ratio of exchange rates between the two states varies proportionally on how changes the relationship between prices in the international market and prices within the country. The price of a foreign currency is growing along with the desire of the population of the state to buy foreign goods and services of foreign companies and firms. At the same time, the demand for import products increases depending on the growth of national income. In such a situation there is a tendency...

click for more

Seven Simple and Proven Secrets for Successful Investing! 01.06.2015

For many US people, the year 1989 meant nothing more than neon lights, big shoulder pads, voluminous hairstyle, and other typical ‘fashions’. But these were not typical for Dennis Stattman. At that period, he started his career in investment. He was a manager and one of the founders of BlackRock Global Allocation Fund. The decision of creating such a fund was an innovative idea. Now, for more than 2 decades after this event, there is nothing new about that, but the business of Dennis is stable and profitable. This particular fund was and still is a big success, and Dennis had a big contribution, maybe a decisional one, in this story. Now he shares some of his secrets that have helped him during the career. If you are a beginner or a professional with a great experience in investing, you should pay attention to these simple, but providential principles that will keep your business going on. It is not a complex theory and some challenging rules. These are some clear principl...

click for more

The Euro Dollar Since 200325.05.2015

The Eurodollar market was and is still a major global money market. It is one of the most mysterious money markets, and most people usually find it a bit confusing. The Eurodollar market is regulation-free. For this reason, it has expanded significantly as it helps investors avoid the regulatory costs involved. It is estimated that Eurodollar deposits amounts to approximately 30 billion dollars. Most of the depositors are from the U.S. The Eurodollar market is dominated by major banks in the United States and Europe. The lack of strict regulations has played a major role in the expansion of the Eurodollar market. Even so, no one can refute the fact that it is still facing some minor challenges. Today, however, Eurodollars have become quite popular amongst international investors who want to benefit from the short-term interest rates. Since the Eurodollar market has no strict legal requirements, it is ideal for small and middle size businesses. The deposits are usually held in non U....

click for more