Forex Education – 4 Tips for Getting the Best Education To Win

Forex trading looks simple yet few succeed – 95% of new traders lose their money and only 5% win. This may seem an odd fact when anyone has the potential to learn forex trading.

The answer is most traders simply learn the wrong forex education and this article will give 4 tips to get the right education and win.

Firstly the growth of the internet has led to a lot more information becoming available to forex traders and some of it is very good – but most of it is junk and will simply ensure you lose and this leads us to our first tip.

1. Be wary of vendors selling education on the net

Most of them make me laugh for $ 100 or so I can get a system to make me regular profits every day, trade with 80% accuracy or even make me a millionaire – all for a few hundred dollars!

Do not buy them – they will not help your forex education.

There simply marketing guys not traders – if they were, they would shut up and trade for themselves, if making money was as easy as they say they would not need me or you.

2. Do not learn the wrong Knowledge!

There are many myths that have beenpetrated on the net mostly by vendors and let's start with the largest one – forex day trading works.

No it does not, day traders do not make money – period

All short term volatility is random, so it can not – that's why you never see a day trader with a real time track record of profits.

Scientific theories are a great way to make money, another stupid myth.

If markets moved to scientific theory, we would all know the price in advance and there would be no market, yet new traders still learn junk theories like Elliot wave and Fibonacci numbers, lose and wonder why.

3. Get Knowledge from the real pro's

You can do this simply by going to Amazon.com and you can get some really good forex education from traders who have walked the walk, rather than simply talk the talk.

For about $ 100 or so you can get some great advice (see our top 10 books for traders) and get them. They will inspire you and give you a good solid grounding in what it takes to be a successful forex trader.

This is an investment in your forex education that is well worth the money.

4. Work Smart Not Hard

Forex education involves working smart not hard and learning the right knowledge.

If you want to learn forex trading ALL that you need to build a successful system is available free on the net.

See our other articles, there is some great information on technical analysis, formations and indicators and it's all free.

You do not get rewarded for the effort you put into forex trading you get your reward from being right with your forex signals – nothing else. All you need to do is get the right info and you can become a successful trader.

CONSIDER THIS FACT

In 1983 Legendary trader Richard Dennis to prove that traders could be taught took 23 traders with no trading experience and taught them to trade in 14 days.

These traders went on to make Dennis $ 100 million dollars! The story is told in "The way of the turtle" and also Market Wizards – Get these books and you will see that Dennis made them focus on the RIGHT education to win with no filler.

Now you may not make as much money as the turtles but anyone can learn to trade and learn to win if they focus on the right education – you just need to find it digest it, apply it and hopefully this article will have pointed you in the right direction – Good luck.

Affordable Auto Insurance – The Professional Advantage

There are professions that are more likely to get affordable auto insurance. Read through this article to see if yours is one of such professions. Where it's not, you can learn what makes those professions attract such discounts and then implement them. Over time you'll also reap the fruits of such adjustments. Lastly, I'll also show you how anyone (in spite of their profession) can lower their auto insurance premium.

Certain professions give attention to details more than others. In fact, it's the very basis for their success. You can, for example, be negligent as a book binder without endangering the lives of many. However, you can not be negligent as a pilot and not cause the death of hundreds or even thousands. Therefore, as part of their training, they're made to develop great attention to details.

Now, the thing about training is that once absorbed, it affects you even outside the very practice of your profession. That's what happens to these folks who've been trained to give attention to minute details. Furthermore, in the case of professionals like pilots, being safety conscious is so much a part of their daily routine that it has become second nature to them.

As if those were not enough, in these kinds of professions, your professional license could be designated if you're convinced of recklessness on the road. Therefore, these are very less likely to be involved in accidents. And, the lower the likelihood of a claim, the more affordable your auto insurance premium would be.

Now, even if you do not belong to such professions where your conduct on the road could impact your rise, you'll do well to have as if it will. Avoid those tickets. Like someone said, they cost you much more than the fines. Take your time to learn all you can to become a better driver (This includes taking courses in defensive driving). More than lowering your premium, you'll save yourself and others the pain of being involved in an accident.

Finally, whether you belong to these favored professions or not, you can get affordable auto insurance by shopping around. With the internet, all it will take is only a few minutes. Take your time to visit at least 3 quotes sites for affordable auto insurance. The very good ones will return about five quotes for you to make your comparison. I recommend that you visit at least three of such sites so you will ensure that you do not miss a quote from an insurance company not covered by any of the other auto insurance quotes sites.

Please (This is very important), make sure you input the same information in all the sites. If you vary the information you supply, you will not be able to get quotes that will lead you to very informed comparisons.

Perfect Europe Vacation Planning

Are you planning to go on a Europe Vacation some day? If so, you have picked an excellent place to venture to, as Europe has great cultural and historical significance, making it a hot locale for travelers. Places like Berlin, London, Venice, Nice, and Paris are very popular for people taking trips abroad. I have some tips for you, expert information, about how you can make your trip to Europe an experience you will never forget.

Keep an Open Mind

You should never settle on a rigid itinerary for your vacation. By traveling to a foreign location, you are giving yourself the opportunity to immerse yourself in a different culture and lifestyle than what you are accredited to. For that reason, you should try looking into short-term rentals on homes and apartments. It is actually a very common practice in that part of the world, and you will find that renting is much cheaper than hotels or resorts. This will give you the opportunity to go into the streets and meet people, allowing you to learn more about the people and lifestyle of that country. That is the best way to have an unforgettable experience.

Stability

If you are looking for a more stable vacation, sometimes you should contact a travel agent and purchase a vacation package. Packages range in price, but you may be able to find a sale if you look hard enough. A discount package price will allow you to save more money for spending while you're in Europe. The benefit of vacation packages is that they will make sure you are on tours that explore all of the major attractions of a location, allowing for a worry- free vacation.

Bargain Vacations

The true key to getting a discount on a vacation, no matter where you go, is flexibility. You can save a great deal by taking advantage of bargains that only come up at certain times of the year and at certain places. These vacations are great if you can be flexible with:

* Which of the airlines you choose

* Which cruises you want to go on

* What you want to eat

* Where you want to stay

* When you want you leave

For example, if you have no particular goal in mind, but you just want to see Europe, then you will be able to find cheaper rates for traveling and staying in certain nations. Do not wait until the last-minute to start planning your vacation!

Stretching Every Dollar (or Euro)

Keep in mind that in other countries, prices are often times negotiable. Depending on where you go, especially in countries with weaker economies, you can often times haggle on the prices of your purchases, which will help you save a lot. This usually does not work with large-scale franchise businesses, but will almost always work with small local businesses.

Also, if you choose to eat at restaurants, a local restaurant is good in this respect because they will generally offer you lower prices then places that you are accredited to seeing in America. Remember, if you really want to make the most of your European vacation, then save money every chance you get, it will allow you to spend more on the things you like!

Privacy Issues Surrounding Biometric Technology

The terrorist attacks on the World Trade Center have provoked in-depth discussion and study of existing security measures, their deficiencies, and how to enhance security to prevent similar terrorist attacks from occurring in the future. Biometric technology has risen to the top of the list as a possible solution. The government is not the only entity exploring biometric security systems. The financial services industry see biometrics as a way to curb identity theft. Biometrics are intrinsic physical characteristics used to identify individuals. The most commonly used biometric is fingerprints but others include, handprints, facial features, iris & retinal scans, and voice recognition.

Soon after 9/11 there were calls for the issuance of national ID cards containing biometric information on an RFID chip implanted on the card. The argument is that national ID cards will increase security by identifying individuals with their unique fingerprints which are much more difficult to counterfeit than standard photo ID cards. There is also a movement toward biometric passports. It looks like biometric passports are coming soon. National ID cards may follow.

Biometric identification is nothing new. Humans have been identifying other humans biometrically since the beginning of time. You recognize people you know by their facial features, their voice, and other biometric features. What’s new is introducing technology into the mix that compares a given biometric with a stored database of biometrics to verify the identity of an individual. An individual place their finger on a fingerprint scanner and the image is compared with the database to verify the person’s identity. Promising as it is, biometric technology has not been without hiccups but biometrics are advancing quickly and becoming more and more prevalent in security systems.

Fingerprints are the most commonly used biometric identifiers. The National Institute of Standards and Technology (NIST) conducted a study that showed single fingerprint biometric systems had a 98.6 percent accuracy rate. The accuracy rate rose to 99.6 percent when 2 fingerprints were used and an almost perfect 99.9 percent when 4 or more fingerprints were used. The study results show that biometric identification is nearly perfect which is not surprising given the uniqueness of human fingerprints.

The US-VISIT program, which is an acronym for United States Visitor & Immigrant Status Indicator Technology, currently requires foreign visitors to the US to present a biometric passport containing 2 fingerprints and a digital photo for identification purposes before being granted admission to the U.S. Of course the biometrics are compared against a vast network of government databases full of known and suspected terrorists and other criminals.

On the surface biometric technology may sound like a panacea but it’s use has raised significant privacy concerns that need to be addressed. Here are six major privacy concerns: storage, vulnerability, confidence, authenticity, linking, and ubiquity.

Critics wonder how the data will be stored and how vulnerable it will be to theft or abuse. Confidence issues center around the implications of false positives and false negatives. Can the biometric data be used to link to other information about the individual such as marital status, religion, employment status, etc.? And finally ubiquity. What are the implications of leaving electronic “bread crumbs” to mark a trail detailing every movement an individual makes?

Until these issues are addressed, privacy advocates will lead a charge to resist biometric technology claiming it as a way for the government to assume a “Big Brother” type of rule as described in George Orwell’s novel 1984. But protest as they may, it’s likely national security concerns and the ability of biometric systems to enhance the security of US border and possibly prevent another major terrorist attack will win out over privacy concerns.