Have you ever turned on CNBC or another financial channel? Unless you are a financial professional, if you are just an ordinary person, you probably feel completely lost. All the symbols and number rolling across the screen mean nothing to you and the reporters sound like they are speaking another language. Finance seems so complicated. Investing sounds far from easy. How can anyone besides a professional understand this stuff and be able to invest?

Ordinary people can invest and they don’t have to get a degree in finance to do it. You just have to know what you are doing and do it well. If you want to invest, you first need to learn about investing. Check out the link at the end of this article for specific information how. First decide what kind of investing you want to do. You don’t have to do everything. You can invest in stocks or you can invest in bonds or something else, but I recommend investing in stocks and other riskier assets if you are young and transitioning to bonds as you get closer to retirement.

Once you know what you want to invest in, learn everything you can about it. If you want to invest in stocks, read books, follow blogs, and watch informational finance television. Learn everything can possibly can about investing in stocks. Make sure you understand how they work and read up on several different peoples suggestions of how to pick stocks. Develop your own plan or follow the one you like best. Learn how to research stocks and how to keep up with them.

Next, open up a brokerage account and start investing. I suggest Sharebuilder.com, it is what I use. You can sign up through the link below. Start buying just a few stocks in different industries to start. Most professionals will tell you not to invest in more than 10 stocks, less if you are investing less. It’s really just a matter of how much time you can devote to researching each company and keeping up with the latest news about it. You need to be an expert on every company you invest in.

Keep learning more as you invest by reading and by learning from your own mistakes and successes. You will begin to earn money and understand more and more. Investing is not just for professionals. Even an ordinary non-savvy person can make money in the stock market or with other investments.

If you are a beginner investor, and you want to know more about investing, go to LearnAboutInvesting.info for more information.

This step in the 12-steps to good trading will be the most challenging and will take the longest for most people to overcome. It will require the most maintenance over the life of your trading career and it will also be nearly impossible to learn from a short article like this but hopefully I can get you on the right track and help identify some resources and exercises to help.

Ego is really a tough thing for me to write about. I don’t fully understand it and apart from my Christian viewpoint it wouldn’t make any sense at all to me. Ego is that part of you that you refer to when you say “I.” Its part of your soul as opposed to your spirit. Both reside in your body. Its everything you think you are. Your self-concept. It says “I am hungry…I am a winner…I am a loser…I am a Californian…I am a Republican…I am nice…I am clever…I don’t believe that…I believe that more than anything…blah blah blah..” It’s the inner part of you that is most influenced by the outside world and I believe outside forces as well but I wont get into that unless you ask.

Ego is the part of you that has been shaped over the years or the last five minutes along with your concepts of who you are and how you see yourself in the future. It is the part of you that you display and defend and its also the part of you that keeps you from living in the very now moment.

In step one of this series I emphasized how there are no destructive trading emotions in the very now moment. In the now moment fear cant reside because it is based on images of the future and past. Greed cant reside there either. Well, the thing that blocks easy access to that place is the ego. It always wants center stage. In trading rooms and in sports and everywhere in performance based art, the ego stands out. In trading rooms it presents itself in bottom and top pickers and calling trades from the past and announcing one-sided results. Said plainly, it usually shows up as boasting. The trader who boasts not only doesn’t likely think he or she has an ego issue, but they certainly don’t recognize that they are led by it. The danger to them in these cases is that they are not market focused but are running their trading business from the part of the self that is most subject to the winds of the world and are linked arm and arm with the most destructive trading emotions they can face (fear, greed & denial). It effects everything from their risk tolerance to their confidence which are the other two pieces of this enchilada so I will move on and tie them together and help you develop a plan to make sure your ego is in check.

The number one issue I see people have when working with them on their trading is not accepting risk. Its normal for us to want to avoid risk and that shows up as the normal thing to do when we come to trade. The trouble is that being normal in trading is being a losing trader and washing out.

Never makes it in trading. We have to be abnormal and take risks. Calculated risks of course and that is where having a system or method comes into play but it goes beyond that. Lets just assume you will have a method of approaching the market that will put the odds in your favor and that you will work at it and know how to use it. We also have to have very clear and realistic concepts about what trading is and align our expectations with reality. It is not something you can realistically try and squeeze in to your summer vacation and learn in a few weeks so you don’t have to go back to work. Some of you are saying “yeah, of course not. Who would think that.” Well unfortunately, and also understandably so, as the marketing in the trading education space paints a really rosy picture and more people think that way than you could imagine. Plan on a long learning curve and doing a lot of hard work. Plan on training your focus on learning to trade and not on money or exotic calculations of what-ifs as far as how much you could earn in a year or whatever “normally” comes to your mind. Prepare to be abnormal. We don’t think about money much outside the development of our trading plan. If you do think about money then as quick as you earn it in your head you had better give it away in your head or you will be the one giving it away instead of earning it in reality. Again we think abnormally.

Would you want to go to a heart surgeon and have him chopping into you and at the same time thinking about the boat you are buying him on his lake? Or would you rather him keep his now moment eyes on your aorta? For that matter, would you want that same doctor to have had a speedy summer Internet Heart Surgeon degree program or put his time in learning the hard way (at John’s Hopkins no less). I know that’s not realistic, or at least I sure hope not, but it’s the same idea as someone thinking they can speed through the process of learning to trade. After all, the heart is pretty much going to be in the same place give or take a few inches for all of us but the market can and will change daily or even quicker (yes, it at least follows the same structure most of the time).

What does this have to do with risk-tolerance you ask? Well if you choose to trade I just want to make it clear you are taking a big risk. Most wont make it but if you really get these first few steps down and make building a better you a priority along side your chart studies then you have a great chance. Most wont do that though. You are risking the time and chances to do something else more normal and you have to know that.

Now here is the kicker. Most people wont or cant accept risk because they are under capitalized. They can too clearly see the end of the road. You can learn on as little as you want, but it will effect your thinking. Fear and greed will get all over your face or try to anyhow and your ego will get invaded with denial and if you don’t take those early steps I have already covered and stay in the now it will be very, very, normal. If however you do train yourself to stay in the now then the capital wont matter as much. I suggest you have at least ten times your margin amount if you want to help quiet fear and greed and be able to accept the risk. Some people need a lot more than that. Whatever amount it would take where you can look at your per-trade maximum loss and think of it about the same as if you misplaced a dollar or bought a raffle ticket from some kid. This is important to understand so if you don’t please start a dialogue with me via email so we can go over this more.

Moving on to confidence now, and really each of these could be their own series. I just want you to be introduced to them and make it known that you will have to contend with these things. At the end I will give you some practical ideas for dealing with some of them. Confidence in your trading is important. Both in your system and your ability to operate it. You need confidence that the odds are in your favor if you do what you are supposed to do so that you can accept the risk and put a trade on and let it play out without gripping that poor mouse until it has no life in it. You need this confidence because without it your fear will block you from doing your breathing and getting to the now moment. I hope you can see how these three topics tie together here.

How do we get that confidence? Lots and lots of work. It requires many hours of screen time and replays. Technology now makes it really easy to get the operational side of your system down when there is nothing at risk. That is good even though it doesn’t train you much on the more challenging part of trading, which is controlling yourself when it really matters. But replays and simulation are great for just drilling into your head the steps you take when you trade. Its vital that those things are automatic when you do get into live trading. You need the confidence that comes from doing the exact same thing hundreds or thousands of times. This is the same concept that US Marine Corps or other armed forces go through when they drill or train. All of their training is done in conditions that largely not life threatening. I am not sure spy-rigging counts because that just looks downright crazy. But nobody is actually shooting at Marines in training with hostile intent or rather, capability. Those in charge of the training know this and don’t belittle it as being “not-real.” They make it as real as they can and that’s what we need to do in when we simulate trading. When those Marines hit the ground in actual war zones they act automatically. Not because they know the actual beach or woods or desert or towns but because they know how to move together towards an objective as they have done countless times in training.

I grew up around people just like that and have seen the payoffs and that is why it is so important to me to train thoroughly in my trading and also important that you do the same. Confidence comes from that and from the translation of that training into real live success in the markets. Plan on being abnormal here as well. Most wont do this.

Ok, now to the battle. The best way to keep your ego in check is to keep quiet until you do have it in check. Its not about you. Concentrate on becoming a listener. The next time you are in a conversation with your wife or husband or whoever, try and just listen. If you are jumping out of you skin because you need to talk then this is an area of struggle for you. If you don’t even catch it until later that you went on and on about ” I, I, I, me, me, me” then it is a dominant area in your life that needs to be addressed before successful trading will occur. Part of what the ego does is express emotions in packages. If you focus on the breathing and self-awareness techniques of steps 1 & 2 you will get better at getting in the now moment. The thing that deflates the destructiveness of all emotions and the ego is identifying the emotion from the now moment and calling it by its name. So if you feel fear or you feel the ego rising in your own unique pattern then what you do is say it. Say “fear, I see you and you have no power over me.” If you are Christian, and I pray that you are, then really let the emotions have it in the name of Jesus. When you operate in the now moment and identify your feelings like that it deflates them. In other words it keeps you in self-control and in the moment and not subject to them. This like anything is a learned skill and will require you to be a good listener to not only others but yourself and what is coming up from inside you. The great thing is that while it deflates negative emotions, staying in control and recognizing positive emotions perpetuates the benefits. Understand me clearly here. I am not talking about visualizing the outcomes of fearful things. I don’t want you to mediate on the negative stuff. Just call it by its name and tell it to leave because it has no authority over you. If you make this a habit your life will change like you cant imagine.

Now as far as risk-tolerance goes, you have to raise capital and stay in the now moment along the way. The less money you have the less you can do. Trading something like FOREX at Oanda is probably the best option for you if you are starting with very limited funds because you can trade fractional pips and stay in the game on little for a long time while you learn, but at some point you will have to add capital. Do not set yourself up thinking you will trade your way from $1,000 to millions. If you don’t treat your opponents and your business with the proper respect it just wont likely happen for you. You may have a good hobby and learn a lot and that may be great in itself, but until you treat your trading as a start-up business with real capital needs it wont likely prosper. I pray that some of you prove me wrong, and I have seen it done, but they were really abnormal. If you try and do the same I would be as abnormal as you can in the places you can afford to in order to compensate for the very normal idea of starting with nothing or close to it.

Lastly, for confidence, plan on working and building a life of balanced confidence and keeping confidence in check and based on real training. If you find yourself down the road trading and needing layers and layers of confirmation before you take a trade then you drifted away from confidence to some blend of being unconfident and being overconfident. Being unconfident in your system and over confident in your ability to handle it on your own. Needing excess confirmation is like a farmer who says he will plant corn seed just as soon as he sees some tassels. It just wont work that way. He has to plan his crop (develop a business plan), buy his seed (raise his capital), plant it (release some capital), and then let the earth do its thing in its due course so he can harvest (evaluate the results and learn from them). Try and blend some of your personal traits that are strong outside of trading with your trading. If you are a mother or father and somehow are very patient with our kids then have confidence that you can use those same abilities in the market if you stay in the now. If you think about it, that is exactly what you do with your kids if you are one of those people. They make a big mess or if older kids, wreck the car or whatever, and you take a deep breath and just release in an instant all those destructive emotions so that we don’t kill them. The same thing we do when we prepare to trade.

Anyhow, I covered a lot. Probably too much for one article but a couple of you probably made it this far. If we end up working together or if we already are then chances are we are already deeper into some of these areas and techniques. We will get to some chart stuff in the next article. Spend the majority of your time in these first three steps though and pick my brain or do whatever it is you need to do to get yourself in a position where you can operate from self-control rather then being dragged through life. There is so much more to say on these mental topics and more so I will write more later. Thanks for listening.

God Bless ~

Ryan

Ryan Watts is a full-time technical trader, money manager, and trading coach with over twelve years experience in short-term trading. For more information on his trading system and live trading room visit http://www.wattstrading.com

Having taught many, many public speaking trainings over the years I’ve observed that at the core, fear of public speaking boils down to three common fears:

1. Fear of your mind going blank during your presentation.

2. Fear of making a mistake or not knowing the answer to a question.

3. Fear of appearing foolish.

In a way, all fear of public speaking really comes down to a single root fear: fear of rejection. Fear of public speaking wouldn’t exist if we didn’t actually care what other people think about us.

Worrying that the audience will reject you and make negative comments or have negative reactions or criticism is what creates the fear of public speaking.

In most cases it’s normal to have fear of rejection from early childhood experiences of rejection in school and these are not deep psychological problems requiring counseling. Most of the time getting some public speaking training can give you the confidence in your abilities to overcome that fear of public speaking rooted in childhood experiences.

Some people experience significant relief simply by discovering the root cause of their fear. When they confront the original experience or experiences that started the “chain of pain”, they can see it as being part of growing up and being an immature child who’s afraid of being judged by their peers.

Confronting the root cause of fear of public speaking can create a change on a “gut level”. You could think of this as “reprogramming the software” or as “deleting it from the hard drive”.

Dealing with the root cause can literally cause a neurological shift in how your brain represents public speaking, but it’s important to reprogram and reframe that early experience and not merely relive it.

Don’t dwell on the root cause experience; instead, transform the meaning of that root cause experience into something empowering.

Summary:
Try uncovering the root cause of your fear of public speaking - see those early childhood rejections for the simple growing pains that are natural and even necessary in life. If that causes a significant change in your fear of public speaking, that’s terrific. But if not, just move on to other techniques.

Don’t give up!-it’s 100% possible for you to conquer fear of public speaking and reap the many rewards that are waiting for you. And any public speaking training worth its salt will address fear of public speaking and support you in overcoming that fear once and for all.

For more public speaking training articles visit http://www.bestpublicspeakingtraining.com

David Portney
Academy of Public Speaking
http://www.bestpublicspeakingtraining.com

All you need is a broker who understands how they work. I am giving away the secret here: they are as easy as any other loan. They just require a little more paperwork than a regular purchase loan.

What can a rehab loan be used for?

• To Purchase and fix up an existing property in need
• To Fix up a property you already own
• To Purchase a lot and build your dream home (more construction loan than rehab)
• To add an addition to your home

• To remodel your current kitchen, bath, or any other room
• Even to purchase someone else’s unfinished rehab and finish it.

How does it work?

The loan amount you can borrow for the project is based on the after repaired value (ARV) of the property you are planning to fix up. The ARV is what an appraiser feels the home will be worth once you or your contractor have done the work you plan to do. For example, if an appraiser determines that your rehabbed or remodeled property would likely be worth $250,000 once completed you will be able to borrow anywhere from 60% to 90% of that amount to use for both the purchase of the property and the repairs/addition. The percentage you can borrow is based on what you personally can qualify for.

How do I get qualified?

That is a complex question. But it will eventually come down to how much money do you have and what is your credit score. Ideally you would have a credit score in the high 600’s, have about 6 months worth of principal and interest payments for the loan you are requesting in reserve cash, and have your contribution to the loan…ie the amount of the loan not financed by the bank, in an account. If you qualify for 90% of the ARV you will need your 10% down payment to make the full 100% of the money needed to complete the project. Your borrower contribution can come from seasoned cash, (cash that you have had in the bank for 2 months or more) a gift from a direct relative or a secured line of credit such as a home equity line of credit. That is the ideal situation, which would allow for the smoothest process and get you the best rates, however for those who cannot meet this criteria there are other alternatives that your broker can help you with.

Depending on the lender, your contractor or construction “supervisor” will need to prepare a budget to show the scope of work to be accomplished and the timeline in which it will be done. This estimate is also used to determine your “draw” schedule. This means…the funds for the rehab are dispersed in “draws” according to the schedule your contractor submits to the lender. Here’s how the process goes. Your contractor completes a certain series of work such as the demolition of the property or putting in a new soil line. He then submits a draw request to be reimbursed for the costs of the work completed. The lender sends out an inspector to verify the work has been completed and will then cut a check either to the contractor directly or to you the borrower, depending on what you initially specified. This process continues on for each phase of the work to be completed, until the entire project is finished.

What happens when the work is completed?

With most rehab loans the lender will give you the option to roll your rehab loan over to a permanent loan with them. Obviously they want to keep your business and will offer to make you a permanent loan on the property such as a fixed or adjustable mortgage. But you have the choice to find your own “end loan” as it’s called. You don’t necessarily have to use the permanent financing being offered by the lender who you have your rehab loan with. Your Broker can help you determine who is offering the best financing.

That’s great but how much does it cost?

This is one of the most important questions you should ask. There are many different types of lenders out there. The typical scenario is that the lender will charge a few percentage points of the loan amount in up front fees. This amount varies between lenders and the borrowers situation, and can be anywhere from 3% to as much as 12% of the loan amount. During the rehab process you may or may not be required to make payments on the money that you have borrowed for the rehab, at an interest rate of anywhere from 8% to 15%. There will also be inspection charges, between $250 and $500 for each inspection that takes place before the lender releases a draw. Some lenders will allow you to roll all of these associated costs into the amount you borrow, but the total amount can not exceed the amount you originally qualified for.

The costs, rates, and fees discussed above are only examples of the range of products that are out there. What you qualify for and what it costs you is based on your personal finances and your credit. If you have a credit score in the high 600’s as mentioned in the start of this article, it is likely that you would qualify for the lower range of interest rates as described above. With such a wide range of rates and fees and many different lenders with varying requirements, a knowledgeable mortgage broker is the best person to find the right program to fit your needs.

That’s it in a nutshell….easy right?

A rehab loan is a very convenient way to fund your next project. Whether you are an investor looking to buy and rehab a property to flip, or a savvy home shopper seeking a deal on a fixer upper.

Dale Archdekin is a mortgage broker in Philadelphia PA. He and his wife Carmel, who is a full-time Philadelphia Realtor, specialize in working with real estate investors and bargain hunting homebuyers looking for a good deal. Dale and Carmel are themselves active real estate investors in the Philadelphia real estate market. They can be found at http://www.liveinphilly.net

Of course you can buy a currency trading robot from a vendor but the one enclosed wont cost you a cent and will beat 95% of those sold - lets take a look at it.

Before we take a look at our free one, it lets see why most paid for ones fail to deliver and why you’re better off not paying for one.

Generally, they have never been traded and come with a simulated track record, using past data. This is the disclaimer you will normally see:

“CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

What generally happens is a system doesn’t make money on first attempt, so the vendor adds more rules in and bends the system to fit the data. No two pieces of data replicate themselves exactly again and the system ends up wiping out the user.

This is known as curve fitting and most sold systems do it.

Now let’s look at our free one.

Its one rule that’s it so you can’t bend one rule by its very nature!

A Simple System for Profits

Now let’s look at the system. It’s called the 4 Week Rule and was devised in the late seventies by trading legend Richard Donchian.

Originally it was devised to work on commodities but works on any trending market and currencies trend well.

Here is the rule:

Cover short positions and enter longs when a price exceeds the highs of the previous 4 calendar weeks. Close long positions and go short when a price falls below the lows of the previous 4 calendar weeks.

That’s it!

Very simple - but it makes money and many of the world top traders have used this system and still use it today. Simple systems work best as they are more robust in the face of ever changing brutal market conditions.

The system works great in any trending market and will put you on the side of every major trend of course when the market is not trending it can suffer drawdown and here you may wish to alter the exit rule.

Rather than exiting on 4 weeks you can try 1 or 2 weeks then go long or short on the next 4 week trading signal.

This system is a long term trend following breakout based system and unless markets were to stop trending long term it will continue to work.

Its free so don’t discount it, trading legends such as Richard Dennis were fans of it and if its good enough for him then it really is good enough for you - it works.

It’s a simple highly effective logically based system that anyone can understand and use and you should consider it. Try this currency trading system in a demo account and follow it rigidly to prove the profitability to yourself and make it part of your forex trading strategy for success.

NEW! FREE FOREX BREAKOUT TRADING SYSTEM PDF

For free 2 x trading Pdf’s, with 50 of essential info and more on the 4 Week Rule and Currency Trading Robots visit our website at: http://www.learncurrencytradingonline.com

Modern baby names are usually referred to as “new” names, or names that didn’t have a very large following in years past. Sometimes these names are created - simply made up! - by parents who are looking to put two names together in unusual ways, or hoping to find something that no one else will be able to duplicate.

Modern baby names are quick to catch on, however, as parents see them and realize how interesting they sound. They are especially prone to being paired with a traditional name for a simple yet sophisticated flair. A baby name that is considered modern today, therefore, might be considered an old name by the time the next year rolls around.

An interesting aspect of modern baby names is that they are so new, and often so unique, that they don’t have set meanings behind them. This might appeal to you if you have an objection to the constant labeling society tries to push on adults and children alike. You might also like the fact that your child has a name so unique that even the most modern dictionaries and baby name books haven’t heard of it yet. Then again, it might be a very personal issue, and a combination of names that mean a great deal to you. That is a beautiful gift to pass on to your little one.

What are some of the modern baby names chosen over the last few years? Some of them might surprise you. Names like Azaia and Aven are unique names to bestow on a child. What about Fame, Flavor, or Farmer? There’s also Niessa, Grey, and Freedom. Some names have to do with places or things, like Mirage, Waterfall or Harlem - or Height, if you’re looking for something really interesting. Perhaps one of the most modern baby names of the last few years is Abcde (pronounced AB-see-dee).

Some have named their children after literary figures. That might be where Flannery, Hemingway, or Steinbeck got their start. How about naming a child after a mogul of sorts? Geffen, Trump and Branson have become more and more common in the last few years.

There are even babies named after horsepower. Have you ever heard of Hemi, Ford, Mustang, Chevy, or Dodge? Before you think that’s a little odd, remember that it’s simply a new twist on an old trend. Remember the name Mercedes? What about Porsche? The new modern names simply take this style of naming a step further.

Going back to names that were more than likely plucked out of thin air, what do you think of Isia? How about Pagelyn? A few of the stranger names of recent years include Iazhayla, Adlyn, and Rudney.

If you have a few modern baby names in mind for your child, why not go for it? Making up names has become a trend that just might be here to stay. One day, your modern baby name might be so popular that it winds up on the top lists, and then your child has bragging rights about being the very first!

To learn more about modern baby names, visit http://MyPreciousBabyNames.com

There was a time when online forex trading was limited mostly to banks and big financial institutions and they were the ones benefiting from it. But times changed and the availability of internet and online forex trading made it accessible to thousands of individuals, brokers, brokerage firms, banks and governments. Now, the benefit is for anyone to reap who deals in it.

This mind boggling increase in online forex trading was brought by a lot of factors. One can trade round the clock irrespective of geographical location and that has been the single most important factor contributing to its exponential growth. Estimates claim that the daily transactions have scaled almost two-trillion dollars! In addition to this, there are a number of other factors.

A trader is gets to trade in different currencies in different markets all at once. It is all because of web based Forex trading. What has this done is that it has allowed the infusion of a lot of liquidity and flexibility in online forex trading. What is more, a trader can easily access quotes and make trades in real time with online Forex transactions.

The biggest benefit of online forex trading is that it has done away with bulls and bears. So, this is the only market without any bulls and bears. Value or ratio of value of the currency or the direction of its movement has relatively no overall impact on the world of online Forex trading. To make it more simple; any trader can buy and sell at the same time in different currencies without any problems.

Another defining feature of online forex trading is its transparency. Nothing is hidden. It is comparatively easier to spot trends and decide the best time to sell or purchase. This is possible because all the information is there in real time from all over the globe.

Everything is out there for anyone and everyone to look at. Online forex trading involves no hidden costs, no exchange fees, no commission and nothing like that. All of this has made online forex trading very easy.

Another remarkable feature of online forex trading is the speed with which everything happens. There is nothing like delays here. You need virtually seconds to execute any trade and to fill and confirm it. All the information is provided by brokers and trading companies in real time and that is really crucial for making important decisions.

I would like to end this discussion by giving a look at the flip side of online forex trading. It might seem the best way to put your money but not everyone who invested money in online forex trading made money. There are reasons behind it.

Online forex trading is in reality risky where split second decisions are needed which could make or mar your investment. It is therefore essential for anyone who is interested in this field to understand it well before making any decision.

Paul Bryant is a successful and experienced Forex trader and also the webmaster for http://www.investawise.com, bringing you all the latest Forex news, reviews and advice.

These days, day traders opt for online trading because of its trending nature. There a number of benefits of trading Forex online. The term Forex refers to foreign currency exchange, which involves simultaneous buying of one currency and selling of another currency. In other words, Forex is traded as “cross pairs” for example EUR/USD or GBP/USD.

There are lot of differences between traditional brokers and online brokers. A traditional broker is a human who can give accurate guidance for selecting right market and asset to trade. These brokers study lot of resources available in the Forex market and make use of those documents for the advantage of their clients. They can help customers making a trading plan based on their emotions, and financial backgrounds. But they charge very high consultant fees and have slow trading process. Recognized investing firms and long-term investors get more benefits from their services.

Similar to traditional brokers, online brokers perform dealings in exchange for commissions. The basic difference is that the online broker provides internet-based (electronic) access to client accounts. They make use of different computer programs and communication networks. They can provide timely financial news, information, real-time quotes, charts etc.

Coupled with the elimination of direct human involvement, online brokers charge very low trading commissions compared to traditional brokers. They can provide access to electronic quotation services, which bypass the costs of dealing with the major stock exchanges. With the online trading, the trader is capable of getting more control over his money and purchased assets.

This article is written for Orient Financial Brokers (OFB), licensed and regulated by Central Bank of the UAE since 1997, to conduct brokerage in Foreign Exchange, Commodities, etc.

1. Chocolate is made from cocoa beans. But where do cocoa beans grow?

A. On trees

B. On bushes

C. On vines

D. On roots

A. On trees

TOPICS: Cocoa beans come from cacao trees that grow in tropical regions of the world

2. During World War II, production of Hershey’s Kisses was halted. Do you know why?

A. Chocolate shortage

B. Sugar shortage

C. Aluminum foil shortage

D. Hershey’s produced rations instead of candy during the war

C. Aluminum foil shortage

TOPICS: During World War II, production of Hershey’s Kisses was halted. Not because of a shortage of chocolate, but because the signature aluminum foil packaging was rationed.

3. Where could the babe that the Baby Ruth candy bar was named for be found at the time?

A. Yankee Stadium

B. Hollywood

C. Broadway

D. Washington, D.C.

D. Washington, D.C.

TOPICS: The Baby Ruth was named after the first child born in the White House - Ruth - who was born to President Grover Cleveland in 1891 and later died in 1904. The candy manufacturer strongly denies any association with the famous Yankee.

4. What candy bar was included in U.S. solders’ rations during World War II?

A. PayDay

B. Heath Bar

C. Snickers

D. Twix

B. Heath Bar

TOPICS: Heath bars were included in U.S. soldiers’ rations during World War II because they had been found to have a very long shelf life. Originally marketed as a health food, the Heath bar was advertising as using only the finest ingredients. One early ad read: “Heath for better health!”

5. Where was milk chocolate invented?

A. England

B. America

C. Switzerland

D. France

C. Switzerland

TOPICS: A Swiss chocolate maker, Daniel Peter, mixes Henri Nestle’s condensed milk with chocolate and the two men found a company to manufacture the first milk chocolate.

6. What candy bar was originally packaged to include three separate pieces of candy flavored vanilla, chocolate, and strawberry?

A. Twix

B. Mounds

C. Mars

D. 3 Musketeers

D. 3 Musketeers

TOPICS: When it was first introduced in 1932, the 3 Musketeers bar was packaged to include three separate pieces of candy flavored vanilla, chocolate and strawberry — thus the name THREE Musketeers. Causing some confusion to tourists worldwide, the 3 Musketeers bar is called a Milky Way in European countries, and the U.S. version of the Milky Way is called a Mars Bar.

7. Aztec emperor Montezuma drank 50 golden goblets of hot chocolate every day. What special flavoring did he add?

A. Vanilla

B. Coffee

C. Chili pepper

D. Blood

C. Chili pepper

TOPICS: It was thick, dyed red and flavored with chili peppers.

8. Where do Hershey’s Kisses get their name?

A. Their inventor

B. Their flavor

C. Their shape

D. Their sound

D. Their sound

TOPICS: Hershey’s Kisses get their name from the sound and motion of the machines that produce them. It looks and sounds as if the machine is kissing the conveyor belt as it moves along.

9. What flavor is the oldest gum still available today?

A. Licorice

B. Cherry

C. Spearmint

D. Clove

A. Licorice

TOPICS: The oldest gum still available is licorice-flavored Blackjack Chewing Gum. It was first introduced in 1872 and was the first flavored gum in the United States.

10. What candy bar was named after its inventor’s family horse?

A. Twix

B. Pay Day

C. Snickers

D. Almond Joy

C. Snickers

TOPICS: Originally introduced in 1929 by Frank and Ethel Mars, the Snickers bar was named after their family horse. The original Snickers bars were sold for a nickel and consisted primarily of chocolate, peanuts and caramel.

Find more free trivia question and answer and interesting facts at http://triviatidbitonline.com/

I’m here to share with you some of my tips to help you be a terrific forex trader. There has never been an opportunity before for the ordinary Joe to get involved and trade forex. Thirty years ago, only the biggest banks and firms could do this, now people from their home can trade and profit from it.

How do I find the right broker?

Well, the first thing you need to do is assess the characteristics and qualities that YOU need as a trader. We all have different needs that ease our mind. We’re talking about a business that holds onto our money, so the integrity of it must be up to your standards. A lot of people require 24hr customer service on the phone. When it comes to their money, they need to know they can talk to a person if there is ever a problem. Other people are fine with email support. You have to know what you want.

The second thing you should do is register at a forex forum. These are easy to find through a search engine. Basically these are communities of forex traders that discuss various things. Brokers happen to be very hot topics, so you will hear everything good or bad. You should pick up that, a lot of brokers are pretty poor, while a few are pretty great.

How important is the news?

The news is free information that will give you a good idea where the market will go. The news never talks about the currency market, but economics are the foundation that hold up a currency and economic news is constantly talked about on the news.

Anything related to the performance of the economy will have an affect on the price of currency. If the news is good for the economy, it is good for the price of currency. If the news is bad for the economy, it is bad for the price of currency.

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