A forex mini account has a lower minimum capitalization requirement with your forex broker and it has less leverage. What does this mean? It means that you can get started with less money and less risk exposure. Here’s an example of how a mini forex account could launch your forex trading business: Imagine you placed a trade using a standard account and you made a loss of 20 pips (pips are a measure of price movement). Because your standard account is leveraged, your loss would be …

Today’s economy is causing most of us to rethink our security in terms of income. The state of the economy and its wild swings in the market, interest rates, gasoline, and housing prices is scaring us to death! We have to think of our households and play the “what if” game. What if I lose my job?…One or two income streams are no longer thought to be that secure. Those prudent heads of household are exploring many different ideas to build additional income just in case one of the primary …

Well everyone is in a panic mode….my 401K is sinking fast. I’m resisting the temptation to dump everything, however, because I’m looking for opportunities in the currency market. The dollar/yen and the the dollar/mark are showing a lot of volatility. There may be some profitable setups coming.
If you aren’t in the Forex market you are missing a significant opportunity. Trading the Forex is how you will shore up that sinking 401K.
There are tools out there that will allow you to trade on your schedule and make …

Hey there… this is my first post to this blog.  I thought that in the light of the meltdown we are seeing in the markets and the economy that it was time for me start writing my thouhgts out on how to respond.
I make a good living in the defense industry and I’m pretty sure that we will get hit eventually and experience the downturn that we are seeing in other sectors no matter who is in the White House.  Why? Because the downturn will eventually result in lower tax …