Apr 9, 2017

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Love to travel?



Travel has many points of views. It is probably not as fascinating to those who travel on business for obvious reasons but to those of us who travel on pleasure, we definitely look forward to them. You may be on your way to a nice destination now!


   Where to go? What to take? Who to go with? Yes there are a lot of factors on planning a good trip unless you are really spontaneous and feel like "winging" it.


   Most people, if you are like me, like to plan things ahead of time. For instance: Where to go? Feel like browsing the states? The usual comes to mind: New York City, Miami, Las Vegas, Los Angeles. Whatever your style, go for it.



   However, three are many hidden treasures in our country. If you're a nature buff you might consider the Sequoia National Park in California. Perfect for hiking and just simply staring at these beautiful trees!


   How about camping? Oklahoma offers pretty nice camping sites near their lakes. Try Broken Bow or Beavers Ben sometime. Word to wise, avoid mosquito/tornado season. Eesh!


   If you are an adventurer that needs real challenges and surprises there is always the mid-west. The grand canyon can have the most intense rafting conditions on many rivers. Colorado might surprise you too with numerous activities such as rafting, horse back riding, skiing, snow boarding and for those shopping lovers they offer many shopping centers all over.


   Not an outdoorsy person but still like thrills? Plenty of amusement parks all over the states can accommodate to that. From Cedar point in Sandusky, Ohio down to Busch Gardens in Tampa, Florida these roller coasters will flip you in ways you did not know were possible.



   Last place you might think of for this type of entertainment is in Las Vegas, Nevada. The Stratosphere Hotel has few thrilling rides right on its rooftop. Just a little over a thousand feet high, no biggie.


   Also, if you are like me and would never think of skydiving, there is actually a simulated one you can try out in Las Vegas too. Indoor skydiving is a safer alternative if you will. You lay on the floor, turn on the high fan under you and hope the power doesn't go off mid-air: kidding!


   If you however are considering a real calm vacation and just want to kick back and relax you have plenty of options as well. If you like snow Colorado can help with that. Breckenridge is actually a hidden treasure not many know about and offers quiet cabins in the mountains with all the modern luxuries you can ask for.


   However, if you would favor warmer climates there is always the calming Florida Keys or the virgin islands. Many resorts and beach house rentals await. It does not have to weigh heavily on your wallet at all.



   Whatever your choice from thrilling to peaceful, be sure to take what you need, plan out the basics and just have fun.

Gratitude: The Personal Development Tool



If you are serious about improving yourself, what you need to know is that there are a few different ways you can accomplish that. Of course, what you need to know is that it is imperative that you start somewhere. A lot of the time, people get overwhelmed by all the personal development tools that are out there. That leads to no improvement whatsoever.


A great tool for you, if you're serious about improving your personal development, is to think of the concept of gratitude. Gratitude is something that can be exceedingly helpful to you in your quest to better yourself, and here are some ways you can put gratitude to work for you.


Think about what you are grateful for every morning. For most people, waking up is a chore. They wish they could sleep more often, and they don't cherish the idea of waking up and going to work. That's why you should make a real effort to get up in the morning giving thanks instead of complaining. Then, you start your day on a high note and you start helping good things to happen.


Now, it doesn't matter who you give thanks to. If you are religious, you may wish to thank God, but if you are not, it is as acceptable to just feel the gratitude in your heart.


Another way gratitude can help you is if you keep a journal about things you are thankful for. Keep the journal with you at all times so you can jot down notes if you need to. That way, whenever you are feeling down, or as if you don't have anything, you can open your gratitude journal and see all the things you like about your life. It doesn't have to be huge things you are thankful for, either. Even if you are thankful for jellybeans, that counts!


Express your gratitude for those around you who make your life a better place. We all spend a lot of time complaining about the people who make us miserable, why not take that time and talk about people who make us happy!


Look for ways to show your gratitude to people. You may not have much money, but you can write them a kind note. You can do them a favor, or babysit, or cook them a meal. Showing your gratefulness helps other people do to the same. Everyone has a tough time in life, so it is a good thing when you can alleviate someone else's suffering.


Finally, before you go to bed at night, think of times during the day where you were not grateful, but could have been. This teaches you how to act in the future.



As you can see now, gratitude can be a really important part of your life. Even if you start with just a little gratitude, it can grow into something that is beautiful in your life. If you want to see your life blossom, become someone who is more grateful.

From “I Can’t” To “I Have”



How often do you hear people say “I can’t do this”? All too often, isn’t it? Now, time to be honest with yourself, how often have you said it. “I can’t” can be two of the most dangerous words in the English language. Those two words are a big factor in people being unable to accomplish anything.


If you find yourself constantly saying, “I can’t” you need to change your thinking. In many cases, “I can’t” really means “I won’t”. Think about how often you say that you can’t do something. How many times is it just a minor obstacle standing in your way, something small that you will not try to overcome? Often, with just a little bit of effort, you can get around these small obstacles, and accomplish something. Take a look at what is standing in your way, think of ways around it, and “I can’t” can become “I can”.


Now that you are starting to think “I can”, you need to move on from there. Certainly, it is better to think that you can do something than thinking that you can’t. However, “I can” can also be dangerous. Now that you think you can do something, that’s a good thing. So, now you can, the question becomes, why aren’t you? I can is a good step, but at this point there is just the belief that you can accomplish something. But belief without action is nothing. At this point, you need to stop saying that you can do something, and do it.


The next step is to think “I will”. This is where you take a hard look at what you want to accomplish, and start thinking about how to do it. Write out your goals, and the steps needed to achieve the goals. Spend an adequate amount of time planning what you need to do to accomplish your goals. Do not spend too much time planning, though. It is easy to get caught up in the trap of over planning, and over thinking. At some point you need to simply start doing. You need to start taking action on your plans.


Now, you have reached the “I am” stage. You have overcome the fear and inaction of “I can’t”. You have moved beyond simply believing of “I can”. You have made your plans in the “I will” stage. Now you have to look at the list of steps to reach your goals, and start taking action. Just take it one step at a time and move closer and closer to your goals. Other obstacles may crop up on the way. If this happens, don’t let it stop you. Step back for a moment, and figure out a way around them. Keep moving forward and soon you’ll find yourself at “I have”.


“I have” is accomplishment. You’ve overcome your fear, believed that you can do it, planned it out, and taken action. Now you are seeing the results of your efforts. You’ve reached your goals. Think of some areas of your life where you can apply this. Apply these principles to your life, and keep moving from “I can’t” to “I have”.

Feb 25, 2017

Forex Trading 101 - The Pros And Cons

Forex Trading 101 - The Pros And Cons

Are you new to forex investing? Well, there are some things you need to know about this type of investing so you will understand better why a lot of people do it – from the big companies to individual investors.


There are three major reasons why people trade in forex: for money, enjoyment and a sense of achievement. It's obvious that people can earn a lot of money through forex, but some people do it simply because it is fun and they feel a sense of satisfaction from making a trading system work for them.


All three reasons aside, people do forex because, unlike the stock market, the currency trading market never closes. Thus, no matter what time of the day and wherever they maybe in the world, anyone can benefit from trading currencies. You can even earn money in your sleep if you set up your trading system to work automatically.


It also does not cost much to get started. Some trading companies only require as low as $25 as an initial investment. The good thing about it is that you can trade up to 200 your initial capital. For example, you can trade $5,000 with only $25. You can't say the same thing for stock trading.



Despite being profitable, forex transaction costs have remained low. This is very important. It wouldn't make sense to have all your profit taken away from you with large trading costs.



How much can you potentially earn? In one word: unlimited. In case you didn't know it yet, forex trading as a whole churns out $3 trillion EVERYDAY in trading volume. That means you can earn that much, if you know how to do it right.



There are many forex trading plaforms out there. Some are web-based while others require you to download their trading platform. There is nor right or wrong way to trade, however, whatever you do, make sure that trading currencies won't tie you to a chair.



There are people who buy trading robots that automatically buys and sells currencies for them. You can set it up right away, however, if you really want to learn how to trade, you should first learn how the market works. There are many free ebooks out there being handed out by forex trading companies. Grab your own copy and start from there.



Like the stock market, you only trade with money you can afford to lose. Too many wide-eyed newbie investors have made and lost money in forex not know why it ever happened. To avoid any expensive mistakes, start with practice accounts or trade only the minimum capital then move on from there.


In all, forex trading can be compared to a double-edged swords where on one hand you can get maximum profits while on the other hand you can lose a lot of money. However, the good thing about it is that actual money doesn't change hands until you make a withdrawal. In that sense, if you lost from buying high and selling low, you can always buy low and sell high.

Forex Tips For Beginners

Forex Tips For Beginners

Are you thinking about getting started with Forex trading? There are a few things you should know before investing on the Forex market. Take a few minutes to review the following article for some useful information on Forex.

Do not spend anything on Forex until you have spent at least a few months educating yourself about trading. Becoming a successful trader takes many years of practice and you will eventually get there if you start by learning as much as possible about Forex. You could for instance read some books, watch some tutorials or talk to other traders.

Choose a broker you can count on. Some brokers have a bad reputation for a reason. You should also avoid brokers that were created very recently. It is best to choose a broker with several years of experience and an excellent reputation, even if they charge more. Do not hesitate to call different brokers so you can ask a few questions about the services offered or find out how much opening an account will cost you.

Choose a currency pair in function of the kind of trading schedule you want. Expect to make most of your transactions when both financial markets are open at the same time. For instance, traders who use the American Dollar and the British Pound can trade from 8 am to 11 am. Once you choose your currency pair, you will have to learn as much as possible about the two countries and their economy.

You should be comfortable with the technical and the fundamental analysis. Professional traders usually have a method they prefer but you should not specialize in one method or the other until you gain more experience. As a beginner, you can really benefit from mastering both approaches. Besides, there are situations where using both methods is the only way to make an accurate forecast. Read analysis written by professional traders instead of following your own forecasts. You can write down what you think will happen and compare your predictions to what happened at the end of your trading session.

The key to becoming a successful trader is to always assess your risks and minimize them. There are different methods you can use to minimize your risks, including going with the trend, never investing more than half of your available capital and using stop loss orders. Following the trend is your best option until you gain more experience with trading. Never investing more than half of your capital means you will be able to recover most of your losses in case one of your investments turns out to be a bad decision. Using stop loss orders means your investment will be sold once it reaches a certain value. This is a good way to stop your losses or to secure the profits you were expecting.

These Forex tips will help you become a successful trader but keep in mind that you will have to work hard. Start by learning as much as possible about Forex.

Forex Short Term Trading

Forex Short Term Trading

I love forex short term trading. I know and often preach about not trading short term for beginners but I do know that you will trade short term anyway. Short term trading is fun, it's high energy, and it's exciting. I love to do it and I love the game of trying to outsmart the market. The problem with trading is that boring trading is good trading. Yes, if you've read my posts before you know that I always say that. What we gain the excitement of short term trading, we lose in profitability and stability. My goal with this article is to give you a short term trading method  that will be more profitable that anything that you are currently doing.

The technique that I will show you is very simple and easy. Because it is so simple, we will first focus on the extra things that will make you profitable. The extra thing that will help you is having the right mindset. The thing about day trading and intrday trading is that it should be done infrequently. The setups that give you daytrading plays do not occur that often. Guys who are always in a trade are making low probability gambles. We want high probability trades to maximize our forex profits.

So realize that you will not have many trades with this system. You have to mentally accept this fact to understand this form of trading. You will need to find peace in trading less often to be happy using most profitable trading methods in forex. For me it was a hard transition to make because I was a forex scalper. I was making around 100 trades a day. I was in and out of trades at such a high frequency. I was a speed trader.

Follow The Leader

Follow the leader is a technique that I learned when I worked at a prop trading house. We only traded short term. One of our methods consisted of the following things:


(1) Add the 20 SMA to your chart

(2) Add the 08 SMA to your chart

(3) Open the 5 minute chart


We will only make trades along the 08/20 SMA. We are using the 5 minute chart so that we will have more trades. We call this method follow the leader because past data has shown that price tends to follow a direct process. When you see 3 bars going all in the same direction, you can guess that price will continue to go in that same direction. We are look for 3 bar all going in the same direction and we will make a trade in that direction.

We will set our stop loss below the bar that got us in the trade and we will seek a take profit equal to the previous bar. This is a method that is very successful but you have to follow the system. It can also be used on higher time frames for more accurate forex trades.

Forex Scalping Success

Forex Scalping Success

I am not bragging or boasting when I claim that I am one of the few successful Forex scalpers. It's a fat that most people never earn any money trading Forex, they can spend thousands of dollars on trading courses, they can ready every book on the subject but they will always fail.

These people fail because they don't understand the pure basics that you have to discover on your own. They come to Forex lacking discipline and their lack of discipline is often the source of their failure.

Successful Forex scalpers have self-discipline a lot of other qualities that Forex losers do not possess.

How did I come to possess these qualities. Let me tell you something, I was an undisciplined person my entire life. I always made average grades, I was fat and I never finished what I started. All of that had to go out the window for me to succeed in Forex or anything else in life.

Why is discipline so important when you scalp Forex? It's important because you can blow your entire account on one trade. It takes discipline to stick to your trading plan.

One of the most discipline related strategies in trading is money management. There are traders who always try to trade too big or who try to make up loses on one trade, they aren't following a money management strategy and they will soon go broke.

No matter what happens during a trade, you should stick it out and go with your plan. Your plan should consist of an entry and exit strategy. You should know why you are in a trade, you show know when to exit it. These aren't the decisions you want to be making while a trade is going on. This is when those two devils peer in to destroy you, fear and greed.


I promise that 100% of the bad trades you make are because of fear and greed. Fear that a trade is going to turn around on you, fear that you made the wrong trade, and your greed kills you when you try to trade too often, too much, and when you try to force more money from a trade.


Stick to your pre-trade game plan.

You do have a pre-trade game plan, right? Wrong! Most of you are just playing it by ear. Forex is your adult arcade game, it's only entertainment.

All I have to say is, thank you for playing! Your deposit will soon sit in my bank account where I will use it to earn more money. Never forget that trading is a zero-sum game, someone has to lose for someone to win.

As you can see, most traders have no idea what they are doing, yet they still call themselves traders. They treat Forex like a video game and everything they learn is just entertainment. Most will continue to fail because they do not take themselves are the business of trading seriously.

They are fish in shark infested waters.

Feb 11, 2017

Learn A Language


Would you like to learn the Chinese language? Many people find that learning another language is very hard. Sometimes they put off learning another language because they just do not think that they are able to do it. And some languages are a lot harder to learn than others. Take Mandarin Chinese for example. Do you think that learning Mandarin Chinese would be an easy language to learn?


The answer may surprise you. To learn Chinese language such as Mandarin Chinese can be done quickly and easily. But where would you go to learn Mandarin Chinese? To learn any language, the method that is probably the best is to have someone qualified to teach you. There you would gain fluency in everyday speech and proper grammar. It may seem hard to believe, but if you spend just 10 minutes per day that should be enough for you to learn to speak Chinese and to gain a large vocabulary.


To learn Chinese isn't as hard as you might imagine. At most internet sites that teach Chinese you'll see that the lessons are given in a logical order you have a step by step guides for proper pronunciation and grammar. There are plenty of exercises to test your knowledge. When learning a language, it is also beneficial to learn a little bit about the culture. So if you study Chinese, study a little bit about China and all of the wonderful beautiful cultural aspects of the country.


Another advantage is that you can learn the language in the comfort of your own home. Even if you're going to school or taking courses at another institute, a course in Chinese will enrich your learning ability and you will be able to understand Chinese a lot faster.


There are many tools that person needs to use when learning a language. You need to have a dictionary. Also flashcards are a wonderful way to memorize what you're learning. Interestingly, a little known trick in regards to flashcards, is that it's been proven that if you actually do something while you're memorizing these flashcards you will learn to memorize better. For example, if you are doing some aerobic exercises while you're doing the flashcards, it will help you learn language faster.


So why don't you visit an Internet sites that offer Chinese lessons? All of the basic tools that you will need are there. Not only that, but you will have a lot of fun. If you're learning a new language so that you can speak with some new friends that you have made, or maybe even if you're learning a language to conduct business abroad. Learning on line may be the method best for you.


Many times people have tried other types of courses to learn Chinese language. Usually they either fail and or quit. However, by going to a site the offers Chinese lessons, you will find a huge variety of learning tools to keep your interest. In that way, you will succeed to master the Chinese language.

How To Deal With Toxic People



We all know them. Everyone has at least one toxic person in their lives. They may be close relatives or friends, which is why it may be impossible to get away from them. They can be draining, upsetting and make you feel bad about yourself. However, there are some things you can do to deal with these toxic people. Keep reading for more information.

The first thing you can do, if at all possible, is to cut down time that you spend with these people. They usually are the ones calling you all the time and trying to be in your company a lot of the time. You need to be able to tell them no. If they call more than once a day, let their calls go to voicemail. If they want to see you multiple times a week, cut that down to one. If you can't avoid them altogether, do your best to restrict interactions with them.


The next thing you might want to do is to examine why they are so toxic to you. This is something you can do on your own. You need to ask yourself why they trigger your bad feelings. Are you afraid you will end up like them? Are you said that they are that way? Getting to the root of why you feel the way you do toward them, you can better find ways to cope. For instance, if you are afraid that you will turn out like them, before you see them outline all the ways you are different.


You can also talk to the toxic person. There is a big chance that they will not even realize that you find them to be toxic. That is why you owe them a chance to sit down and talk. Do not call them toxic, because they will likely become upset. Instead, choose a few specific actions that they take, which you don't like. If they are willing to change, that is a good sign. If they become belligerent and start attacking you, back off.


Do your best not to get into an argument with a toxic person. Toxic people like to argue. This is generally because they want to be in control of something, and when they can't control you, they don't like it. However, you don't need to get into every argument they want to have with you. Simply take a few deep breaths and think about peaceful things. When they see you are not going to argue with them, they will stop.


Find new friends to spend time with. In order to make sure that you can move on, start finding supportive people to talk to and do things with. This can be a great way for you to forget about the toxic people in your life. If you are spending time with good friends, you won't have that much time to deal with any toxicity.


Toxic people are everywhere, and we all have to deal with them. Use the tips above to help you cope. Soon you'll feel much better.

Family And Personal Development


Your family and friends can either be a great resource to your own personal development or they can be detrimental to your growth.

When I speak about family, I generally consider these to be people who are related to you and with whom you have close contact. They can include your mother, father, siblings, grandparents, uncles, aunts, cousins, etc. Your own children as well as your spouse or life partner are also considered family.

It is so important for you to have the support of these familial relationships on your journey of growth. You will however find that people have very different views to self development. While some just may not seem to see the need for growth others may consider it a waste of time.


On the other hand you may find a family member who seems to want to hijack your journey. There is a very fine line between being supportive and becoming over involved. The key word here is SELF development and as important as support is, you must not include people at your own detriment.


Sabotage is another problem that you must be aware of in your family members. This comes in the form of someone who sees your growth and no longer feels their own worth in the relationship. These people may begin criticizing you unnecessarily damaging your self confidence.


As you begin on the path to self development it is important to gauge where each of your family members stand. For those family members who are untrustworthy of the process, share on a limited basis how your growth is affecting you. Rely on those who are supportive but be selective in choosing the advice they may offer.


Be careful not to alienate those nearest and dearest to you. Don't over stress your achievements and make your journey about humility as well as growth. Remember that self development includes all areas of life and that a negative element to your growth will put everything else out of balance.


Make sure that the time you spend on your self development does not take away from your family. This is especially true when you have children who rely on you for so much. They can consider your personal development to be selfish and begin to resent you as well as the process.


A great rule of thumb is to always be considerate of those around you and address any issues that may arise. For example, your mother or father may feel that your need for self development means that they were somehow inadequate as parents.


Although your parents may not be able to word these feelings or objections, be sensitive. Keep reassuring them that you just want to be a better person than they already made you and that without them, you would never have been in a position to consider improving yourself.


Make one of your self development goals to be more supportive of your family. You will be surprised how the support will be returned to you in bucket loads.

Forex Trading 101 - The Pros And Cons


Are you new to forex investing? Well, there are some things you need to know about this type of investing so you will understand better why a lot of people do it – from the big companies to individual investors.


There are three major reasons why people trade in forex: for money, enjoyment and a sense of achievement. It's obvious that people can earn a lot of money through forex, but some people do it simply because it is fun and they feel a sense of satisfaction from making a trading system work for them.

All three reasons aside, people do forex because, unlike the stock market, the currency trading market never closes. Thus, no matter what time of the day and wherever they maybe in the world, anyone can benefit from trading currencies. You can even earn money in your sleep if you set up your trading system to work automatically.


It also does not cost much to get started. Some trading companies only require as low as $25 as an initial investment. The good thing about it is that you can trade up to 200 your initial capital. For example, you can trade $5,000 with only $25. You can't say the same thing for stock trading.


Despite being profitable, forex transaction costs have remained low. This is very important. It wouldn't make sense to have all your profit taken away from you with large trading costs.

How much can you potentially earn? In one word: unlimited. In case you didn't know it yet, forex trading as a whole churns out $3 trillion EVERYDAY in trading volume. That means you can earn that much, if you know how to do it right.


There are many forex trading plaforms out there. Some are web-based while others require you to download their trading platform. There is nor right or wrong way to trade, however, whatever you do, make sure that trading currencies won't tie you to a chair.

There are people who buy trading robots that automatically buys and sells currencies for them. You can set it up right away, however, if you really want to learn how to trade, you should first learn how the market works. There are many free ebooks out there being handed out by forex trading companies. Grab your own copy and start from there.

Like the stock market, you only trade with money you can afford to lose. Too many wide-eyed newbie investors have made and lost money in forex not know why it ever happened. To avoid any expensive mistakes, start with practice accounts or trade only the minimum capital then move on from there.

In all, forex trading can be compared to a double-edged swords where on one hand you can get maximum profits while on the other hand you can lose a lot of money. However, the good thing about it is that actual money doesn't change hands until you make a withdrawal. In that sense, if you lost from buying high and selling low, you can always buy low and sell high.

Forex Momentum Scalping

I am going to teach you a very risky strategy that is either going to make you a lot of money or lose you a lot of money. I am the type of person who likes to takes risks. As semi-professional poker players, I was always a super aggressive player who would bully all of the other players. I was what they call loose aggressive. My approach to trading Forex isn't much different. I take a lot of chances, I gamble, but I never lose my shirt. Yes, I lose money sometimes, but I never lose my shirt.


Never Lose Your Shirt

Before I go into the details of momentum scalping, lets first discuss the meaning of, never lose your shirt. In any game of risk, you must use proper money management. As a scalper, we are making tons of trades a day. We are basically making 100's of gambles a day, so if we use too much leverage or two much of our account on each trade, we will go broke. Money management allows you to live to play another day or live to trade another day. Without money management, I would be in the poor house.

The Nuts & Bolts of Momentum Trading

First, lets talk about scalping. What is scalping? It really depends on who you are talking to. An old school pit trader might have a classic definition of scalping, while a modern computer based trader will tell you that scalping is getting in and out of a trade within minutes of executing it. There are even scalpers who are only in a trade for seconds. For this article we are talking about the modern type of scalping.


I call my technique momentum scalping because I only trade when the Forex market is super liquid.  I mostly trade when the New York open starts to around 11 AM. I am finished with trading by 12 PM every day. There are times when I trade the London open. To use momentum scalping only trade when the big banks are battling it our and moving currency around the different opens.


Momentum scalping is all about riding the big price moves and jumping in and out of them. From a chart point of view, I always trade the 5 minute chart. I find that this chart gives enough opportunities to make moves without the noise of say a 2 min chart.


We are looking for individual bars to immediately jump in price. This happens when a SINGLE bar goes from a small size to a really large size. We enter a trade right when it's growing in size and we use our discretion as to when to exit a trade. I sometimes make 4 pips and jump out of a trade.


I also use some safe guard such as having a 8 pip stop loss and a 4 pip take profit. We only trade 1% of our account because this is a risky form of trading but it is fun.