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Friday, September 18, 2009
The Long Haul is all about a Plan
In making trading into a forex trader, the learning process is the most important. If you try and predict you will lose and lose quickly, however if you want to win you can but you must: Treat trading as an odds game. - Why the most important part of... read more... www.forex.com
Understanding Money Market Accounts and Money Market Funds
- In today's financial world, understanding the myriad of ways to protect and grow your wealth is very important. Let's take a look at some instruments which is great for protecting money you already have. Savings is an excellent way to let your current money be reinvested in small businesses that grow the economy. For those who have substantial cash that they would like to protect, Money Market Accounts can be a great type of savings account to put your money to work for the economy. Also, for the more advanced investor who can handle more risk, a Money Market Fund is an excellent way to invest your money short term through a brokerage firm. Both of these instruments will usually generate a much higher yield than a vanilla savings account, however allow you access to your money through a much shorter window than many other investment types. For those wealth protectors who would like to see their money grow without having to face steep penalties for using it down the road, these classes of investment serve as great options to meet your needs of flexibility, great returns, and security.
Chinese Stock Market and Stock Exchange Informational Resource
The Chinese Stock Market is a mystery to many Americans. American's need to really find out how this economic system works since their economic system is closely allied to ours in many ways. The Chinese stock market actually consists of three separate stock exchanges, probably the best known and the largest is the Shanghai exchange, there is also the Shenzen exchange and the Hong Kong Exchange. All of them fill a vital function in the Chinese economy and the economy of the world.
The Shanghai exchange is not entirely open to foreign investors. It is open to all Chinese investors. The Shanghai Stock Exchange is the largest in the world with a combined total exchange rate of 3.7 trillion dollars. There are some foreign investors in this market as well as Chinese. It is a well used market with over 860 separate companies. It is the largest of the three Chinese stock exchanges. It is the sixth largest market in the world.The Shanghai stock exchange began after the treaty of Nanking and the settlement of the Opium war which made the market open to investors. The market was open to investors sometime during the 1860's and had it's first trade in 1866. In 1891 the market got more prominence with mining shares. In 1904 it got it's final name as the Shanghai Stock Exchange. By the 1930's the Shanghai exchange reached it's full prominence. It was the financial capital of the far east.
How to Steer Clear of Forex Trading Scams
Forex trading has increased manifolds over the years. Forex is being considered as the new investment opportunity option by most who are into buying shares and securities. As a result of this, number of investors across the world has gone up and so have Forex traders. And obvious fallout of this is ? beginning of Forex Scams. There are many Forex Trading Systems and Forex Traders who could help you get rich over a period of time by way of making wise investments and taking chances with calculated risks. A good forex trading system will help you build wealth day after day where-as if a forex scamster succeeds in tempting you, you could be duped of thousands overnight. And I am not exaggerating when I say this. There are hundreds of stories doing rounds everyday where one is duped of his/her life-time savings by a Forex Scamster.The information in this article provides you with some practical tips to help you recognize some of the forex scams that are out there today.While we all want to multiply our savings by investing in Forex, we should also be aware about how to steer clear of scams. How to tell if whether what Forex traders advertise is legitimate or not? The CFTC (Commodity Futures Trading Commission) comes into picture to rescue costumers here. CFTC protects market users and the public from manipulation, fraud and criminal practices in the financial market whether it is Forex, equity shares, or futures and options.CFTC urges consumers to be watchful when foreign currency traders or its promoters claim that their team of experts will earn them high profits with minimal risks.Get all your doubts cleared before stepping into Forex Market Exchange at any level. Same goes for purchasing the forex systems. Talk to people who are users of the system and take a genuine feedback from them before placing your order. There are some fraud manufacturers who specifically target unsuspicious individual from a particular area by offering special considerations to them. You should learn to read such people and try and steer clear of them.Also steer clear of any forex trading involving Inter-bank Market because it is not considered very secure as it deals with currency transactions over a relatively loose network. The inter-bank market is the top-level Forex market where banks are exchanging different currencies. Its also time to press the panic button when the concerned persons or companies claiming to be expert forex traders with robust records trying to push or tempt you into transferring funds to them at a short notice in a hush-hush. Also you should try to avoid unsolicited telephone calls in which forex trading companies or forex traders claim they can provide you with best forex trading signals available etc. if you take an extra step and understand more about futures trading it can help you stay alert in the Forex market.
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