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Deciding Where To Invest

Owen Jones — Thu, 14 Jan 2010 07:01:05 +0000

There are quite a few different sorts of investments out there, and there are many factors, which you should use to determine where you should place your funds.

Naturally, deciding where you will invest starts with researching the different kinds of investment on the market, determining your risk tolerance, and determining your investment style and your financial aims.

If you were going to buy a new car, for example, you would do a fair bit of research before making a final decision and a purchase. You would not consider purchasing a car that you had not fully looked over and taken for a test drive. Investing works in much the same way.

You will, of course, learn as much about the investment as possible, and you would want to see how past investors had fared as well. It’s just common sense!

Does learning about the stock market and investments take lots of time? Yes, but it is definitely time well spent. There are numerous books and websites on the subject, and you can even take college level courses on the subject, which is what stock brokers do. With access to the Internet, you can actually play the stock market with fake money in order to get a feel for how it works.

You can make pretend investments in a pretend portfolio, and see how they fare. Do a search with any search engine for ‘Stock Market Games’ or ‘Stock Market Simulations’, although almost every online stock broker provides these services. This is a great way to start learning about investing in the stock market.

Some other sorts of investments external to the stock market do not always have simulators, so you will have to learn about those types of investments by reading about them.

As a potential investor, you must study every you can possibly get your paws on about investing, but start at the very beginning of investment books and websites first, or, you will find that you quickly get confused.

Finally, speak with a financial planner. Tell her your goals and ask them for their suggestions. This is what they do! A good financial planner can easily help you determine where to invest your money, and help you set up a plan to reach all of your financial goals. Many adviser will even teach you about investing along the way, so make sure you pay attention to what they are telling you!

If you need to learn more about where to make your investments, just go along to our site called Online Stock Investment

Create your own trading system

Samuro — Sun, 07 Oct 2007 07:09:24 +0000

Continuing of my previous post “Trading Plan Calculator“, now I’ll give short explanation about setup/create trading system.

As a trader or whos want to be a trader must know and understand about trading system; the step to create trading system and any kind of needed to create trading system.

6 steps to create trading system :

Design System
Test the System
Permanent System
Money Management
Trading Plan
Live Trading

Note: 6 steps above have to be successive.

1. Design System

You collect any forex indicators and setting up parameter for that indicators. No need a lot of indicators, just 1 – 5 indicators. If you use more than 5 indicators, you will got your self confuse; because the indicators contradiction each others.

Setting up the rule. Follow and adhere your own rule. Make it easy, just follow the rule. You can follow and adhere a rule (made by others), so it will be more easy because the rule that you follow is made by your self.

2. Testing the System

After you conscripting all knowledge to design the Trading System, now it’s time to test the trading system.

If there’re a good results, usually comparison profit lose 80:20, you can continue to the next step. But, if there’re a disgruntled results, you need to redesign the system (indicators, parameters and the rules).

3. Permanent System

After the testing, and the results is gratifying and profitable, hence you have the profitable trading system. And be a discipline trader with the profitable trading system. No more dabbl!.

4. Money Management

Money management is really important, sound like simple and easy, but almost of new trader forgot it. It’s about money, and also about emotion and trading psychology. So money management is also about emotion management.

How to be remain to thinking clear and discipline in any type of market situation and condition!?… If you can’t, you will go to bankruptcy.

5. Trading Plan

Use this “Trading Plan Calculator” to setting up or manage you trading plan. There’re two type of trading plan:

Long time trading plan. Oriented on long time results, so usually take safe order and minimizing risk.
Short time trading plan. Usually doing daily order/trading, meaning to increase and maximizing the profit.

6. Live Trading

Are you ready?!. Now it’s time to make a lot of money.

Random Posts

Dolly is Simple and Profitable

Samuro — Wed, 29 Aug 2007 17:12:23 +0000

Two type of Dolly trading system; Dolly pivot and Dolly open. Both have same method, the different is just on where to start drawing price. So we can determine the buy and sell price.

Dolly Open

Start drawing price at open price. The rule is very simple, just enhancing +20 pips and or lessening -20 pips from open price. Then, buy at: open price + 20 pips and sell at: open price – 20 pips. Stop Loss (SL) at open price and Take Profit (TP) at open price “+” or “-” 40 pips.

Dolly Pivot

Start drawing price at pivot point. The rule is very simple, just enhancing +20 pips and or lessening -20 pips from pivot point. Then, buy at: pivot point + 20 pips and sell at: pivot point – 20 pips. Stop loss at pivot point and Take Profit (TP) at pivot point “+” or “-” 40 pips.

Order Example

Dolly Open:
open price = 1.9960
Hence BUY (buy stop) at 1.9980, SL 1.9940, TP 2.0000
Hence SELL (sell stop) at 1.9940, SL 1.9980, TP 1.9920

Dolly Pivot:
pivot point = 1.9960
Hence BUY (buy stop) at 1.9980, SL 1.9940, TP 2.0000
Hence SELL (sell stop) at 1.9940, SL 1.9980, TP 1.9920

Additional Info

Calculate pivot point = ( yesterday high + yesterday low + yesterday close ) / 3
Default for open price is Meta Trader server time.

Dolly MT4 Files

Download dolly open

Download dolly pivot

New Dolly is out now, Dolly version 11

Random Posts

Brain Trading System

Samuro — Sat, 04 Aug 2007 11:04:59 +0000

This system was developed by forex-tsd members; with many option settings

Time Frame : 1H and 15M

Indicators :

BrainTrend1
BrainTrend1_Sig
BrainTrend1_Stop
BrainTrend1_StopLine
BrainTrend2
BrainTrend2_Sig
BrainTrend2_Stop
BrainTrend2_StopLine
iTrend

System Rules :

I. BUY

BrainTrend1 Blue
BrainTrend1_Sig Aqua
BrainTrend1_Stop Aqua
BrainTrend1_StopLine Aqua
BrainTrend1_Sig Blue
BrainTrend1_Stop Blue
BrainTrend1_StopLine Blue

II. SELL

BrainTrend1 Red
BrainTrend2_Sig Magenta
BrainTrend2_Stop Magenta
BrainTrend2_StopLine Magenta
BrainTrend2_Sig Red
BrainTrend2_Stop Red
BrainTrend2_StopLine Red

15 minutes timeframe

1 hour timeframe

The signals should be fully confirmed (iTrend) if the above mentioned ticks (value) is more than:

0.15 for usdjpy M15 and 0.19 for USDJPY H1
0.0017 for gbpusd M15 and 0.0044 for GBPUSD H1
0.0013 for eurusd M15 and 0.002 for EURUSD H1
0.0015 for usdchf M15 and 0.003 for USDCHF H1

The above mentioned coefficients (0.15 for usdjpy M15; 0.19 for usdjpy H1; and so on) is the subject to change. It means those coefficients will be changed every week. And you can sett the value at your own setting.

Please visit forex-tsd forum for more detail:
http://www.forex-tsd.com/brain-systems