5 Habits of a Successful Forex Trader

Investment concept. Handsome business man with currency symbols.
Investment concept. Handsome business man with currency symbols.

Forex trading has experienced a resurgence in popularity in recent years due to the increase in volatility in the markets. Increases in volatility create more trading opportunities and when you take into account the significant leverage avaible in foreign exchange trading, its not hard to undestand the appeal. After all, if you could make a month’s salary in a single day wouldn’t you want to? Absolutely, yes you would! However, even though huge monetary returns are indeed possible, so is the risk of significant losses, perhaps even more than your initial deposit.

In reality, only a small percentage of forex traders enjoy long-term success. What is it that they know that most other traders don’t? What is it that they do that most other traders fail to do?

As a successful currency trader myself, allow me to shed some light on the habits of successful forex traders. After all, if you have knowledge you should let others light their candles in it. At least, that’s what I believe.

Here’s what I believe are the top 5 habits of a successful forex traders:

1) They develop a mindset of positive expectation.

In other words they expect to win and be successful. Now this doesn’t mean that they win every single trade. That’s not possible. Rather, they believe that over the long-term they will win and they do.

2) They use no more than 100:1 leverage and keep losses small.

These days there are brokers offering upto 500:1 leverage, which would allow you to control $100,000 worth of currency for just a $1,000 deposit. While this may seem tempting, to the undisciplined trader this is a recipe for blowing up your account. Having a smaller leverage setting applied to your account will help to protect you from yourself by limiting your ability to continually adding to a losing position by opening additional lots.

3) They pay close attention to the forex calendar.

One of the most unnecessary mistakes I see wannabe forex traders make today is they trade without referring to the forex calendar / schedule of economic announcements for the day. Ignoring the continual flow of market-moving international news is trading blind. It is only a matter of time that they will be caught on the wrong side of a trade because they were in the market during a critical news event.

4) They look closely at interest rate trends.

As interest rates of countries rise and fall so do the value of their currencies. As currencies trade in pairs, high probability trading opportunities can emerge when the central bank of one country is currently lowering interest rates, while the other country is currenty raising interest rates. Catching these trends early and going long the currency who’s central bank is raising interest rates (while simultaneously shorting the other) can yield incredible gains over the long-term. This is not just in capital gains, but in the positive carry (i.e. receiving swap payments).

5) They look to fade break outs and violent moves.

This is a big tip. Rookie traders try to catch break outs and big moves but as the forex market moves very fast, they are more often than not too late. The professional trader, however, knows that sudden, violent moves in price almost always reverse and therefore waits patiently for the move to exhaust itself before trading in the opposite direction of the initial move. This price action very often occurs during the monthly Non-Farm Payrolls (NFP) report and is therefore it is tradeable.

So there you have it. My top 5 habits of a successful forex trader. Of course, there is a lot more that profitable currency traders do that most other traders don’t, however that is for another post.

In the meantime, I wish you profitable trading!

Why your business needs tech support



If you have business anywhere in the world, you will probably have faced the need for IT Support for the business at some point in your career. IT support is needed by everyone and business is no exception. In fact, IT support in the business is even more crucial in the era of technology because business, store all its work on IT databases and would be unable to work without them.

In fact, if computers were to crash, business would hardly be able to handle it and of course, they would find it incredibly difficult, if not impossible, to work with pen and paper. So a creation of networks in a business which is handling a lot of projects simultaneously and has a lot of business working under it is a sure form of disaster.

So if you are a senior accountant and have any role to play at all in the business that you are currently working for, ensure that all the computers and all other forms of technology used for professional purposes are regularly checked by IT support staff. This should be done on a regular basis, perhaps every month or two, or whatever the business IT support staff thinks is necessary.

If your company is relatively small and you cannot afford to have your own information technology staff then you should consider finding a company outside of your own business which will be able to help your business with IT support. Make sure that this is a reputed company which specializes in support for problems of information technology and the like.

From among business circles and from companies and people who may have used their IT support services before, find out if their IT support service is reliable, responsible, and prompt. You may have to conduct several searches and ask many people in many circles, exactly how well the IT support of your chosen company is, but make sure that you are patient and ask questions meticulously so that you get the best result. After all, computers and tech play a huge role in a business nowadays, and if something goes wrong on that front, your business might all but stop functioning.

So even though you are outsourcing and using the services of the company which you cannot control, make sure the company will be largely responsible for seeing whether your business is functioning well or not. Therefore, it is a wise idea to invest the amount of time and patience needed to find efficient help, advisors, or staff of IT support for your company.

You can look for a company that offers it support to business either by word of mouth, in a local or national magazine, or on a website. Remember that different companies offer different kinds of services so you might want to go through all of those and choose which works best for you. Perhaps you could check out tec support as your premier choice for IT support.

The Benefits of Hiring Professional Painters


Thinking of changing the décor to suit your business’ ethos? If so and you are thinking of taking care of the job yourself then you may want to reconsider. While do it yourself painting may potentially save you money, there are a whole series of reasons why hiring a professional like Painters Brentwood TN is the smarter option.

This article is designed to give you some insight into the benefits of hiring a professional for your painting job over doing it yourself.

The pros and pros of hiring a professional painter

Whether you’re painting an office or a bedroom, a hallway or a kitchen, professional commercial painters will get the job done to a level that the average punter cannot compare. Here is a list of the five main benefits of hiring professionals for your next painting project.

Skills- The most obvious and important is the range of skills that professional painters bring to every painting job they do. Painting contractors have years of experience painting everything from commercial to industrial sites, they handle one-off jobs and also contract to take care of tenders with strata groups and other like organisations. Whatever kind of painting job you have, you can be sure that a professional will do a much better job than you.

Quality paint and equipment- The next point is that professional painters have the knowledge and access to get the very best supplies for their painting jobs which means that depending on your budget you can get the very best quality of paint for your painting project.

Money- It may seem counter intuitive but hiring professional painters for your painting job could very well end up saving you money. Through the professional painters broad knowledge of paint and supplies, not to mention contacts in the industry, the amount of money you spend on his time could very well be paid back just in the cost of supplies that he can score a discount on.

Time savings- How many times have you started a project only to grow tired of it and turn it into an ongoing saga. When you hire a professional painter for your painting project you can be sure that the job will be finished on schedule to a time frame that you can agree upon with your painter.

You know better that every budget and work has its demand, which is necessary for doing that work right and spending budget in the right way. When a job comes for the protection of home from deterioration, you need painting services. When you choose a professional and experienced person in this field, it would be much more cost effective for you in the end. When a professional will, does paint of your, homes then you have not to spend more money for painting it repeatedly? When a task comes for the choice of contractor for painting services of your home, it looks much difficult because you always want to hire a professional with less price. Therefore, before going to hire a contractor, it is better for you that make an estimate about all your expensive, which you have to pay for the painting of your home. When you will make an estimate, and rough budget will be in front of you according to which you can hire that contractor who is closer to your budget.

The Value of A Good Realtor


The purchase of property is most likely the greatest purchase the majority of people might make throughout their life. It can be a difficult and frightening economic environment for such a purchase, and many have conserved over several years for a residence. Below are 6 reasons why having a great realtor is essential to your financial consideration when moving in this direction.

Locating a great agent is not easy. Many understand only that they desire a residence but, do not consider some of the much more certain information of what precisely they are searching for. This can be harmful to that individual as it allows them to be possibly purposed by an agent. Just before even considering a property it is an excellent strategy to know just what should be consisted of and also exactly what should be excluded. If you’re in Santa Fe, check out my incredible real estate team in Rancho Santa Fe.

The same can be stated as far as rate assumptions. Everyone ought to have a number in mind that they absolutely can not surpass unless money is no object. This is not a number to give to an agent. They might believe that it is merely an assortment, and unfortunately, this can result in paying greater than one is comfortable by having. Take into consideration that the Realtor is making a commission so they may lead the customer to a more pricey property.

A good realtor might have numerous of the same qualities that comprise great people in general. A starting ground for this could be their reputation. There are a couple of track records, bad or excellent, that have no grounds whatsoever. As a result, a reliable agent is most likely known as such because of good work they have accomplished in the past. With such a large acquisition it is necessary that there are no secrets.

A candid realtor can easily commonly be hard to come by. This is a reason that reputation is so important. It is a horrendous feeling to purchase a residence that looked delightful simply to learn the builder skimped on insulation which would lead to outrageous heating bills. If a Realtor has this knowledge, they must reveal it. At the same time, they should honestly represent both the vendor’s and buyer’s wishes.

It is even essential to recognize that the agent is working with the parties involved and not his or her very own individual interests. Some have been recognized to provide phony info such as imaginary interested parties to generate a bidding war. This is not the sort of integrity that a good agent would display.

A great way to discover if the realtor in question has these qualities is by checking references. If a person is uncertain to supply proof that they are sincere and hard working it is undoubted because they are not these things. It might be a great idea to stay away from brokers that do not have a clean past.

The significance of a good realtor is not up for controversy. A person who is working with their client might have the ability to discover them an excellent deal and will certainly have the ability to sleep well at night themselves. Honesty, track record, and integrity, essential attributes in excellent folks are the same in great realtors. Those that make others feel uneasy or that seem to make too, even more, funds off of their clients than is appropriate ought to possibly be avoided.

The Importance of Basketball Jerseys


With the popularity of basketball around the world, there are die-hard fans that are not ashamed to show their support for their favorite basketball teams. One way of showing your unyielding support for your favorite basketball team is by wearing your team’s basketball jersey anywhere and everywhere. You are just dying to wear that 100$ Lakers jersey to a party, but there’s one thing that’s stopping you from wearing it: It looks weird, lame, and you would be stereotyped as “that dude who is too fixated about basketball enough to talk about anything except sports”. Learn more at custom basketball uniforms and jerseys!

Here are some reasons why should you wear your favorite basketball team’s jersey and how to do it without looking lame or weird:

· It makes it easier for people to talk to you.

When you wear your favorite team’s basketball jersey, you instantly tell the whole world that you love your team and basketball in general. This means that people can easily use your love of basketball as a topic to talk to you. You can now avoid the forced and awkward conversations with people and can genuinely talk about the thing that you and the other person like. Who knows, that dude you were talking at the office party can save your ass in meetings just because you like the same team.

· Basketball jerseys are very comfortable.

If there’s one thing that most people consider when buying and choosing what to wear, it is definitely comfort over style. Basketball jerseys are designed to have a good air circulation so that basketball players feel comfortable. Why wear overpriced shirts that make you feel uncomfortable after a while when you can just wear a jersey and not break a sweat for extended periods of time. Just remember that UNDER NO INSTANCES that you should tuck your jersey and always wear long pants unless you’re going to play some hoops with your buddies.

· No need to fuss about what to wear

With relation to the earlier reason, you wouldn’t need to hassle yourself with what to wear when you have a jersey that you can casually wear anytime and anywhere. You don’t need to mix and match shirts with pants and shoes and accessories when you can just put on your favorite team’s jersey, a worn out long pants, and your rugged shoes and you’re all set to go. You’ll look okay with just a jersey on (a t-shirt underneath is optional), just don’t wear the matching shorts or you’ll be snickered by people and you’ll just look really dumb.

With these reasons in mind, you should consider why you should wear your favorite basketball team jersey. All in all, what really makes you look cool or not is the confidence to wear your team’s jersey. No one will laugh at you when you wear your jersey with your head held high with pride and honor, and you might even win the respect of some random strangers that love the team that you hold in high regard. So, go out there and wear your jersey for your favorite team with pride and dignity.

Tips on how to move furniture safely!


Of the considerable number of difficulties you face in moving to another home, maybe none is more exhausting than moving furniture. Tables, beds, closets, and dressers have a tendency to be heavy and bulky. Lifting them can be a difficult task. Even once they’re off the ground they can be difficult to move around tight corners and up the stairs. The easiest way to be to hire removalists, but if you want to do it yourself, read on!

There are various decisions you have to make before you move your furniture. You have to guarantee that every piece is shielded from damage when moving, and that there is space in your new home for everything. This article focus on how to move furniture safely and the best approach to take when moving to your brand new home!

It is critical to get ready for the move extremely well with the goal that you will end up spending less energy moving. By getting ready well enough, you can diminish the amount of time you’ll be spending moving things around and squandering time that could be better spent planning your housewarming!

To save time, it is a smart thought to look at the region that you will be moving into first. Discover how huge it is and if there is any furniture there as of now. Take estimations of each room with the goal that you can discover what you can put in and where you ought to put everything.

Keep in mind to leave enough time for moving furniture in a because if done in a hury issues will result, as dragging or lifting items with minutes to extra will expand the danger of back strain or no less than a pulled muscle.

Attempt and move furniture around later in the day and abstain from shifting substantial closets or couch’s around not exactly a hour after you have woken. The basic reason being is the body’s muscles and joints are actually somewhat stiffer in the morning and attempting to move furniture with a body that has not woken up yet is requesting an issue to manifest.

Another regular explanation behind wounds happening whilst moving furniture is not clearing a pathway, ensure the canine bed is put to the other side and there are no youngsters’ toys covering your path to the movers truck. If moving furniture from different levels, attempt and remove any tyke doors excepting the stairs, as additional effort lifting over these man-made deterrents could prompt a strain.

One the principle rules while lifting furniture or whatever other thing that has a decent weight about it, is to have the greater part of your body confronting in one bearing, no turning from the waist or hips and raising from this position. Ensure your feet are shoulder width separated and guarantee your shoulders are confronting the same way. Lift with your knees, keep arms twisted and hold your back straight.

Despite the fact that this is mostly about moving furniture, particularly heavy furniture, for example, closets and couches, bear in mind to remember the lighter items like lights and small side tables. Regardless of the heaviness of the furniture, remember while doing any lifting, dependably check position and lift from the appropriate positions. Combining these tips will give you the best aproach on how to move furniture safely.

Home and Small Office Phone Systems


Whether you are or a small business owner or an entrepreneur with one or more locations, one of your biggest concerns is probably finding the best home and small office phone systems at an affordable price. Everyone is concerned with protecting their bottom line in our tough economy today, but they also know that quality communications services are essential for the success of their business along with the challenge to save money. Learn more at Cordless Phone Reviews!

Another very imperative point that must also be taken into consideration is reliability and ease of use. Ideally, we are searching for a cheap business phone plan that provides exceptional service and quality along with easy to use features and will top it off with expecting superior customer service. This sounds like it would be too good to be true, but it is possible to find a system that provides all this.. Business VoIP phone system providers understand what you need and can combine the advanced technology that is available today with service of this type to provide you with exactly what you are looking for.

No matter the business size you operate it is possible to find cheap business phone plans that offer a variety of solutions to fit best your needs. Even an entrepreneur working out of a home office can project a more professional image to successfully compete in today’s market when using the latest technology and features that are available with the new communications systems. You can select from a range of plans to best serve your needs while also saving you time and money.

Voice Over Internet Protocol service, which is also identified as VoIP service permits all of this to happen at incredibly low costs through this new technology that is now available. There is a very low set-up cost for this technology that works with your high-speed Internet service over your existing phone lines, so there is no initial investment for special equipment. And the monthly fees are incredibly low and fixed amounts, so it is possible and even easy to budget for your monthly phone expense.

The good thing is that you are in complete control of all your communications needs. Your communications set-up, as well as any changes you may desire down the road, are all performed by you, using a unique portal to access the easy to use application that controls your communications system. That means you can maintain all your communications requirements in one convenient place.
In most small businesses, most people have a lot on their plate already, and the task of having to answer incoming phone calls only takes them away from other activities. The auto attendant small office phone system can be used to filter and prioritize calls and even answer fundamental questions caller may have, saving everyone time.

Multi-line phone system. The two line systems and four line systems are included in the multi-line phone systems that are most popular. This setup makes it possible for multiple customers or clients to be speaking with office workers simultaneously. If you run a busy office where time is money, it is not wise to have to waste time in waiting to use the phone. Another crucial point to consider is that your incoming callers could easily be discouraged if they receive a busy signal too frequently. There are many 2 line systems sold by Vtech or Panasonic, for instance that can, be purchased ready to set up in either a small office or a home office.

Affordable Data Recovery: Software Solutions To Professional Advice


Finding affordable file recovery solutions is not just some fantasy. If you are patient and do your homework, you can find them. To start with, the solution may be as easy as downloading and using a recovery software. With services finding an affordable data recovery company can be a little tricky.

Take a minute to do this

Affordable data recovery to me means at least having the chance to recover data for free. To get started, make sure to check the Recycle Bin for your files. Too many people either don’t know about this function or don’t even think of it. Been there and done that? Run a file search to see if your file is hidden away, or to locate an older copy that could be updated to the lost version. Tried that too? It’s time to move on.

Preparing to find the most affordable data recovery options

If your files are still present in the system, there is still a good chance that an affordable data recovery tool can repair or recreate all lost files to their original state. Some data recovery scenarios are much more difficult such as situations involving RAID recovery and email data recovery. But, as long as there are no mechanical challenges the odds of a good recovery are in your favor.

If you contact a local computer company to discuss affordable data recovery, they may try to warn you against using a utility to recover data yourself. Rest assured, they can’t make and deliver recovery software. Otherwise, they would, like the rest of the professional data recovery centers. The reason that they do this is because they want you to pay them to retrieve your data. And there is no money to be made if they advise on affordable data recovery software options.

Physical problems with your hard drive require the immediate attention of a data recovery professional. The more affordable data recovery software are no longer a solution. You need an experienced data recovery professional to make repairs or replace a certain part to your drive. A few data recovery services are equipped with a disk reader to extract data or have other data retrieval methods to get the raw data off the failing hard drive safely.

Another important piece of advice

Should you use a Professional Data Recovery Service, that knows how to handle the more complex data recovery issues will challenge your patience. You can conduct your own online search and see how many results crowd the Internet with affordable data recovery.

There is one important question you should ask when calling to find affordable data recovery services. The answer will separate computer technicians from professional data recovery professionals, giving you the best chance to recover your data. Just ask: Can you setup a backup server for my office? An affordable data recovery service only specializes in computer forensics and data recovery. To protect your data, when the person on the other end of the phone begins probing with questions about the details, this affordable data recovery company is not the one to rely on when you really need data recovered.

It’s ultimately still your choice

Do it yourself. You can also use a local technician to help you restore file using one of the affordable data recovery tools out there. Before you hand over your hard disk, make sure to get a bit by bit copy of the media. Finally, contacting an affordable data recovery specialist to recover data may be more than the affordable data recovery solution you were expecting. Going forward at this point will depend on how much you value your data.

How you can cut cost with a great contractor

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Why should you renovate your office? It is to improve the interior look and feel of the workspaces that lie within. In many cases, companies refurbish their offices when they grow and need a bigger office to accommodate more employees. The office renovation phase is a good opportunity to create a new workplace environment that reflects and fits your company’s culture.

In many cases, industries also need office renovations to keep up with new trends and make a good impression on their clients. The company’s client can be choosy, and a shabby-looking office may not get a lot of clients. This becomes more crucial when you are targeting young professionals or if it is the fashion industry, for instance. Learn more at Office Renovation Singapore or read on for some awesome content!

While preparing to renovate your office, the following tips can help lower your expenditure:
Before choosing an Industrial office furniture and renovation service provider, it is important to make your budget. After deciding your budget, look for a reliable firm offering Industrial office furniture and renovation services. You can also get a rough estimate of the total expense from the service provider.

Always keep in mind that the final bill includes fees, the cost of design and cost associated with moving.
Fees- how much will you need to spend on fees includes the fee for fire risk assessments, transaction fees for lawyers, planning permission; insurance costs and environmental assets.

The cost for design – the cost for design can be reduced, depending on what you choose. For example, you can go for affordable brands if you need a new system for telecoms. It is also advised to look at a couple of brands before you decide the final product.
The cost associated with moving – this factor depends on the size of your office. If moving to another place, you have to take into consideration the cost of having to move everything. However, if you only need to move temporarily and place new furniture, the cost can be much lower.

Choose a one stop shop- if deciding to renovate your entire office and get some new furniture to the premise, this is better to choose a service provider having all services under one roof. An Industrial office furniture and renovation service provider not only offers renovation at lower cost but also provides an expert team for the makeover.

The firms indulged in Industrial office furniture and renovation services help you cut lots of expenses. Also, they provide furniture in a large number.
Bulk order cuts cost- when buying furniture, try to choose a seller having a wide variety of furniture in the catalog. If you order in bulk, most companies would be happy to give you a discount on the total budget.

If the flooring of your office is being changed you will have to remove everything from the office, and you might not be allowed in for several days. Sealing or staining a hard floor can be very smelly and requires a minimum of several hours to dry. Laying carpeting or tile can be quicker, but carpet glue can stink for some time. Laying your new flooring on a weekend will reduce the disruption of work if your office is functional during the renovation. Most flooring companies work on the weekends, though they might charge a slightly higher rate.