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I have just started trading forex using eToro. It is a great platform for beginner and professional.

If you’re new to forex, I think you’ll love eToro because,

• It’s Simple! The eToro forex platform is designed to make the online forex market understandable to traders on their first trade. You only need a $50 deposit to get started.
• It’s Visual! The eToro forex software displays your trades using dynamic visualizations, so you can literally watch your trades go.
• It’s Educational! Hone your forex trading craft by using our eToro’s online forex tutorials, trading guides and unlimited practice mode with live forex rates.

If you’re a forex trading expert, I think you’ll love eToro too because:

• It’s User-Friendly! The eToro platform has a remarkably intuitive interface that enables you to forget about fumbling with bulky forex software and focus exclusively on your trades.
• It’s Professional! The eToro forex software provides you with all the forex trading tools you need: online forex charts, graphs, financial updates, trading orders and leverages ranging from 1:10 to 1:400.
• It’s Reliable! eToro is operated by leading online forex brokers who make sure that your forex trades are executed with precision and offer low spreads – as low as 2 pips.
• eToro is also a Community! We also think that you’ll enjoy our various community features including public and private chats, a lively online forex forum, and our weekly prize bearing forex trading challenges.

Here are some tips for you:

• Go start with virtual trading with $50 stop loss at -12.5% and take profit at 25%. This is rule no 1. Visit my blog often because I will update it with my trading strategy and result.

Here’s my last 8 trading:

Click to enlarge

As you can see from last eight trading, I profit 5 times and loss times. Forex is a game of statistic. You will not always win. You just need to profit more than you loss.

• Download eToro forex software for FREE and begin your trading activity today

• Practive Forex Trading

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Many people around the world is looking for entering the world of Forex trading because of its very high profitability
potential. But many of them also worry that they will lose their money. They want to start small. There is now Mini Account for people who want to start small. Although you start small, you can win big, you just need a few dollars and the right strategy to profit from Forex trading.

Mini Account uses a different leverage calculation than a regular (100k) account. Instead of trading full-size currency lots (100,000 units), you’ll trade in lots that are just 1/10 the size (10,000 currency units), which in turn greatly reduces the amount of money you risk in each trade you enter.

The characteristics of a Forex Mini Account are as follow:

• Minimum required account deposit = $300
• Recommended required account deposit = $2,000
• Traded in 10,000-unit currency lots. There is no maximum trading volume on the Mini trading platform.
• Pips in a Mini Account are worth, on average, $1. Pip is the smallest increment that a currency pair can move. For most currency pairs, a pip is a change in the fourth decimal place of the currency quote. For example, if EUR/USD is quoted at 1.6567 and it moves to 1.6568, it has increased by 1 pip. The value of 1 pip is calculated by the size of the lot that is traded. So, if you buy a standard lot of 100,000 EUR/USD at 1.6567 and it goes to 1.6568, a 1-pip move, then the value of your trade has increased by $10 (or 100,000 x 0.0001). Because Mini Account have smaller contract, the pip value is also smaller that is $1.
• The Mini Forex account offers up to a huge 200:1 leverage, this means that just a $50 margin deposit will allow you to trade lots worth roughly $10,000.
• Default Margin: set at 0.5% ($50 per mini-lot)

There is no downside to trading a Forex mini account, you will be enjoying all the benefits that full-size FX account holders enjoy. This mini accounts are ideal for a beginner forex trader to gain experience.

Beware, trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.

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Deciding whether to rent an apartment or a house can be a very difficult decision for you. There are certain advantages and disadvantages to each option. Choosing between renting an apartment or home is largely depends on  personal preference and current needs in a living situation.

Renting a House

By renting a house can can have the opportunity to live in a house for a much more affordable price. By renting a house you can have many options, like the size, number of bedrooms and number of bathrooms. You can also have a backyard which is desirable if you have children or pets.

But renting a house have a great deal of uncertainty regarding the amount of time the renter will be allowed to rent the house. There are no guarantees the homeowner will extend the contract when it is due to expire.

Renting an Apartment

One of the most significant advantages of renting an apartment is the amenities, such as pools, exercise rooms, and saunas. Renting an apartment is usually significantly lower than rent for a house.

A lack of privacy may be one of the most significant disadvantages to renting an apartment. You can also deal with noisy neighbors who listen to loud music or have friends visiting late at night.

When choosing an apartment, list the items that you really needs. Some people are simply looking for a place to eat, bathe and sleep other renters may be looking for a living space which will serve a number of purposes including working, entertaining and participating in leisure activities. This will help which apartment you can rent. Apartment which better facilities usually have higher rent price.

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A cup and handle is a bullish continuation pattern in which the upward trend has paused but will continue in an upward direction once the pattern is confirmed. The cup should be “U” shaped and resemble rounding bottom. The pause happened when there are people who take profit making demand is higher than supply. The smaller the retracement the more bullish it will be. Sometimes it is prudent to wait for a break above the resistance line with high volume.

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You can earn money by entering contest. Prizes can be in dollars, or advertising space. Lots of blogger start a contest as a strategy to bring traffic to their blog. Here is a contest that I am in.

Marketing-business-review.com has just started a contest. The Contest will Last from Today until January 17, 2009.

What Will Be Your Prizes

1.- 100 dlls in Cash via Paypal plus another 25 dlls in Cash By Marketing Business Review

The 100 dlls you will get them by doing the most credits and being in the first 10 commentators, you could be in the last spot of the Top Commentator and still win the 100 dlls due to the actions performed, there is actually the possibility that anyone not winning the first place could opt to just comment a lot and get the first place at the Top Commentator and get those 25 dlls in Cash via Paypal.

We can actually have 2 winners, one for the credits alone and other for being the first place in the Top Commentator widget.

2.- Adverts 125×125 for 30 Days.

Marketing Business Review worth 20 dlls

Every Day Living worth 30 dlls

Free Money Maker worth 10 dlls

Amor Francis worth 20 dlls

3.- Featured Links for 30 Days

Marketing Business Review worth 5 dlls

Shanker Bakshi dot Com worth 10 dlls

Free Money Maker worth worth 5 dlls

4.- 1000 EC

Free Money Maker worth 6 dlls

5.- Ebooks

Pei Profits dot Com Make Money Online “Instant Blog Traffic“ worth 47 dlls

What Did You Get If You Win.

First Place:

100 dlls plus the 25 dlls if you get in the first place in the Top Commentator widget.

Advert 125×125 You choose the site where you prefer to display your ad.

Featured Link for 1 Month You choose the site where you prefer to display your ad.

1000 EC If you dont have Entrecard, you can sign up for FREE.

Ebook “Instant Blog Traffic” by Ben Pei

When the first place get all his prizes, it would leave 5 more prizes, 3 Adverts 125 and 2 Text Link Ads that will be awarded to 2,3,4,5,6 places.

You can also win the 25 dlls just for being in the contest and commenting to be Number one in the Top Commentator.

How To Enter

You just have to do the following actions that are mandatory to be eligible to enter and win:

• Post about this contest in your blog, you have to include a link to this post as well as links to my Sponsors including the banner above. They are helping you and me so please lets give them something back, do not forget those links please. You will need to comment in this post including a link to the post in your site. Credits: 100
• Also you need to subscribe by Email to the feed or to the Newsletter. You need to use the same email for both commenting in here and for the subscription. Credits: 100 (If you want to subscribe to both Feed and Newsletter it is after you, but it is not mandatory, only one it is need it to enter, but if you do, add yourself another extra 100 credits)

That´s it, you just have entered the contest with 200 credits or 300 if you had done the above mentioned.

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Guy Ritchie and Madonna have settled their divorce on October 2008. Madonna then paid her ex-husband, film producer Guy Ritchie, between $72 and $92 million U.S. dollars to be done with their eight year marriage. Wow, what a terrible way to spend money. Madonna and Ritchie had a combined net worth of over $525 million, but most of that was accounted for by Madonna. Ritchie has an estimated $35 million fortune. They own homes in London, Los Angeles and New York, and the retreat in Wiltshire.

Madonna and Ritchie, director of “Snatch” and “Lock, Stock and Two Smoking Barrels,” married in December 2000 at Skibo Castle, in the Scottish Highlands. The couple have two children: Rocco, 8, and David Banda, 3, who was adopted from Malawi in 2006. Madonna also has a 12-year-old daughter, Lourdes, from her relationship with personal trainer Carlos Leon.

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Rich Dad, Poor Dad is written by Robert Kiyosaki and Sharon Lechter. It advocates financial independence through investing, real estate, owning businesses, and the use of finance protection tactics. According to Kiyosaki and Lechter, wealth is measured as the number of days the income from your assets will sustain you. Financial independence is achieved when your monthly income from assets exceeds your monthly expenses.

The book is the story of a person who has two fathers: the first was his biological father (the poor dad) and the other was the father of his childhood best friend, Mike (the rich dad). Both fathers taught the author how to achieve success but with very different approaches.

The educated poor dad but lacks financial literacy, because he does not acquire any valuable lessons about money, simply because it is never taught in school. Poor dad encourage their sons to do well in school so they could get a good job with a good company. Poor dad believed in working hard, and saving money. His poor dad worked hard but somehow never made it ahead financially.

While his little educated rich dad, deliberately takes advantage of the power of corporations and their personal knowledge of tax and accounting. Rich dad give him great lesson by paying him very low wages deliberately so that would stir anger and a sense of injustice and eventually for him to realize that in order to get ahead, one must work for himself and not for others.

Here are the major lessons from the book:

• The important thing to get rich is by having a strong purpose for living, a determination to be a successful person. You need to have the rich mentality. Instead of dwelling with the fact that you are not rich, ask your self “how can I make more money” because this will stimulates the brain to take action.
• In order to get rich, one must work for himself and not for others.
• Understands what assets and liabilities are. The rich build up the asset column and the poor build up the liability column (expenses). Make sure you have assets that gives you income, like real assets, stocks, bonds, mutual funds, income-producing real estate, notes, royalties from intellectual property, etc.
• Opportunities in life come and go; the rich recognize them instantly and turn them into gold bullions. Others do not see these opportunities.
• Corporations spend first, then pay taxes on anything that’s left, while individuals must pay taxes first. Individuals may not be aware that they work from January to mid-May to enrich the government by paying taxes on their income. In the meantime, the rich are hardly taxed.
• People should hire other people who are more intelligent than they because by capitalizing on the knowledge of others, an intelligent individual builds his own knowledge base and therefore has more power over those who don’t know.
• Direct marketing, and management skills (manage cash flow, systems) are important.
• Make friends with successful people and people who enjoy talking about money because they may have valuable lessons to share.Learn more from this amazing book:

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Double Top and Double Bottom is used to predict a shift from a previous trend to a new trend. In Double Top, it is used to predict a shift from a previous uptrend to a downtrend. And in Double Bottom, it is used to predict a shift from a previous downtrend to a uptrend. These patterns is considered one of the most popular reversal patterns in technical analysis.

A Double Bottom is formed by two relatively equal lows with a small peak in the middle. And a Double Top is formed by two relatively equal ups with a small bottom in the middle. Double Top have two peak, which is the resistance level. Because the price tested the resistance level and failed, it then reverse. The same thing happen with Double Bottom which have two lows, the support level. The price tested the support level and failed, it then reverse, bringing the prive higher.

Triple Top and Triple Bottom

The Triple Top and Triple Bottom is similar to the Double Top and Double Bottom. From it’s name you can know that it have three instead of two Top or Bottom. Triple Top and Triple Bottom shows a shift from LONGER trend to a new trend.

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