By admin | August 30, 2007 - 9:26 am - Posted in Articles

If you have looked for the best interest rate for a savings account, no doubt you know that they can fluctuate greatly. Because they are based upon current federal reserve rates, which in turn are based on the strength of US currency. Since these types of interest yields are unpredictable, you are wise if you keep abreast of the rates of traditional banks as well as the rates of increasingly popular savings accounts online.

Many banks and other financial institutions offer a type of investment called “high yield savings accounts.” These types of banking services offer higher annual percentage rate than regular savings accounts do. This is likely to be attractive to a consumer who is interested in do a comparison before deciding on what type of account to choose for savings and investment. However, you should keep in mind that they usually require a greater minimum balance for the particular bank or institution you’re considering. You may have to commit to a higher starting deposit, a higher average daily balance, or a limited amount of transactions allowed per month. Sometimes, you may be required to have a checking account tied to the savings account.

A popular alternative to store front banks, online banking services offer rates of interest that, in most cases, are significantly higher than traditional brick-and-mortar banks. Some of these banking services include ING Direct, HSBC Bank, Emigrant Direct Bank, GMAC Bank, interest rates for these institutions are higher because there is much less overhead associated with an online-only bank. Therefore, they can pass savings from operational costs on to consumers like you by offering higher interest rates.

If you research online, you’ll find that there are many resources available to you if you want to compare interest rates and services between institutions, whether traditional store front, high yield, or online . You can easily do quick research for various types of saving products from a number of different financial institutions, as well as for versions of a savings account calculator, by going to such popular financial web sites as Financial Times and Motley Fool; you will be required to register, but it’s free. The calculator will help you estimate earnings on a particular investment based upon the initial investment, the length of time interest accrues, and the annual percentage yield received. With a little research you will be able to recognize and secure the best interest rate for a savings account online or at or at your local branch.

Get More information on savings accounts click here … Also go to where you can get more info on your savings account options including high interest savings accounts. Internet savings accounts, child savings accounts and more…

By admin | August 25, 2007 - 9:26 am - Posted in Articles

One very bad experience I had before was with this product called Forex Autopilot System, it is a autopilot pilot trading system that promises to compound $1000 into millions just by leaving it running on your computer, without any kind of effort. This product certainly jokes thousands of traders down the Wall Street. And yet the shocking truth, it is the most popular product under its category, isn’t that insane for many people to believe that ready-made money machine actually exists? Considering the literacy rate of the states is 99%, there is a lot of people think that Santa Claus exists.

Fortunately, we can stop wasting our money on those products that doesn’t help. Heres the physcology and methods I adopt . Lets read on.

1. The world owes you nothing

The world owes you nothing, every success you earned today is the hard work you put in yesterday

Don’t believe there will be some kind of miracles that will happen or come to you and make you rich. Don’t think some kind of autopilot program will generate tons of cash for you automatically. Always remember, the world owes you nothing.

2. Model from the best

Find a master in a particular area, names you can trust and buy the products from them. Do research on internet and find it out. For myself, I model these people in respective fields

Investing -> Warren Buffett, William Oneil, Adam Khoo, Conrad Alvin Lim

Trading -> Alexander Elder

Affiliate Selling -> Ewen Chia

Tip: Most products written about clickbank profiting is under the skills set “Affiliate Selling”

3. Practical tip : Buy clickbank products

This doesn’t fit too well with the previous two I know. As far as I know, clickbank products offer risk-free 56 days money back guarantee if you are dissatisfied with the products in any way. So if you believe that its a scam, do take some initiative to refund your hard-earned money.

Well, different people have different definition of scam and we may be wrong at times! I once guilty of labeling a product as scam because of the sales page promise of easy profits, and when offered on the way to do it in the e-book I find it too cumbersome to do. (Don’t blame the sales page writer, thats a good strategy to drive sales)

So my advice to you, use the 56 days well to apply all things taught in the book as long as it is within legal, ethical and moral rights and if it doesn’t work, try another approach and if it still doesn’t work, maybe its written in a way that its hard for you to understand. Feel free to email the author for a refund!

PS: If you want to start looking for a master to model on Affiliate Selling, do check out this person Ewen Chia. He is the one of the first internet millionaire in Singapore, once featured the main stream newspaper. He got a useful product, , which I believe will benefit beginners.

Kevin Tian is an self-confessed addict towards success till he’s only free to meet his friends for dinner once a month because he is busy studying materials on personal development, business, long-term investing and stocks trading. Read whats his takes on all these topics at his site

By admin | August 20, 2007 - 8:20 am - Posted in Articles

What I’d like to do in this very short article is give you an overview, looking at the strategic level, of how I trade my favorite setup, which will be the one referred to in most of the analysis on my website. We’re talking, ‘the big picture’.

Too many people make a critical error in focusing exclusively on their entry triggers, and trying to enter on every occurrence of that signal, without ANY consideration for where that trigger is occurring within the bigger picture market structure.

Too many novice traders spend far too long trapped in this stage of learning. They discover a new trigger and a part of their mind then becomes excited that maybe they’ve found the holy grail of trading. It doesn’t matter if it’s an EMA 10/20 crossover, or perhaps a MACD crossing above zero, with stochastic rising, and RSI above 50. It is NOT the holy grail. It is just an entry trigger.

The fact is:

* Market Structure tells you where to trade.

* Entry triggers tell you when to get in and out of your trades.

Focus on defining the structure of the market first, and then look for a trigger.

Let’s say for example that our entry trigger is a candlestick reversal pattern… in this case a Bullish Engulfing Candle. Where would you find the higher probability trade?

Would it be at the top of an extended rally, where the Bullish Engulfing pattern is pushing straight up into the overhead resistance?

Or is the higher probability trade where the Bullish Engulfing pattern shows that a major support level has held and there is significant profit potential still available from the entry point to a projected target at the overhead resistance level.

It’s exactly the same entry trigger, but obviously the market structure tells us that the second entry is the higher probability trade.

REMEMBER: The market structure (in this case Support & Resistance) tells you where you should trade. The trigger tells you when to get in or out.

Now, market structure doesn’t need to be just support and resistance. YOU need to consider, ‘what is the reality of price action as you see it? What do you believe causes price to move?’

Have a look at a number of charts… What do you see?

Is it perhaps a framework of support and resistance levels defining areas of price stall or reversal in the market?

Do you see a “rubber band” type concept, with the market reaching extremes and then reverting to the mean, or centerline moving average? Moving back and forward between the upper channel line, the centerline, and the lower channel line.

Do you see swings? Higher highs & higher lows, lower highs and lower lows, with impulses of momentum in between?

Define how you see the bigger picture of market movement. What is it that you see when you look at charts? What is the market structure? And only then should you look for an entry trigger that gives you a low risk and/or high probability trade within the context of your bigger picture.

So, what do I see as the reality of price movement? How do I trade? What is my strategy?

Well, in this short article I can’t go into the tactical level – I can’t talk about my entry and exit triggers, and trade management strategies. It would take a whole book because it’s not just a simple indicator based entry or exit. It’s based on price action – on an understanding of the nature of movement of price. That takes a long time to develop, and it’s something I’ll cover in my website in a lot more detail.

However, for now I can share a very broad overview of my strategic level trading concept. At least my favorite one anyway.

The reality of price movement for me is supply and demand. And that supply and demand leaves footprints that can be read in a price chart.

All price movement, all turn points, and all areas of support and resistance are a function of the balance or imbalance of supply and demand.

In particular, the key areas which allow for low risk or high probability entries, are areas of support and resistance.

I trade within a framework of support and resistance.

I define all major support and resistance based on a higher timeframe, and then look to profit from movement between these areas on a smaller timeframe.

For me, my markets of choice are forex & equity indices. The longer timeframe for defining major support and resistance, is an hourly chart, and the trading timeframe is anywhere from a 1 to 5 minute chart.

The strategy works with other markets as well, because it’s based on the truth of price movement. And because markets are largely fractal in nature, you can adjust the timeframe to suit. Say you wanted to trade the daily charts – then you just get your major support and resistance off the higher timeframes – being weekly or monthly charts.

So, the major support and resistance areas are placed on the chart, and I’m looking for any low risk or high probability trades (based on my entry triggers as defined in my trading plan), going long off major support or going short off major resistance.

And for the price movement in-between major support and resistance?

If it’s an uptrend I look for low risk or higher probability entries at areas of minor support.

If it’s a downtrend I look to go short at low risk or high probability entries off minor resistance.

And if it’s a sideways trend, then I aim to identify low risk or high probability entries off both minor support and resistance.

Key point though for all entries – It must be a low risk or high probability entry, based on the clearly defined criteria in my trading plan

So there you are… It sounds simple when looked at from this high level overview. The reality is though, that it’s really hard. The statistics of failed traders clearly show that. Success takes a long period of time. Whether you relate to my view of the markets, or prefer some other method of defining market structure, spend a lot of time just watching price movement. Learn to ‘read the tape’ as it used to be called, internalizing the patterns and flow of movement of price. It takes time. Be patient, and embrace the challenge.

Stop just blindly entering at every occurrence of your entry trigger. Remember:

* Market Structure tells you where to trade.

* Entry triggers tell you when to get in and out of your trades.

Happy trading

Lance Beggs

(c) Copyright Lance Beggs

All Rights Reserved Would you like to learn more about how I trade the forex and equity index markets? Check out the articles, videos and trading resources on my website right now at

By admin | August 14, 2007 - 8:20 am - Posted in Articles

Not so long ago, almost the only way the individual investor could trade in the stock market was by employing a stock broker to place trades for you.

With the advent of the Internet, and online stock market brokerage services this has changed. For the investor who is willing to learn how the stock market works, learn to manage stock market risk, learn stock market terminology and make good timely decisions trading stocks without the help of a broker is a good way to make a profit.

Because you are choosing and analyzing your own investments and not depending on a broker to help you, the costs or commissions are much lower. Of course when you eliminate the broker the services they used to perform are not available either, however most of the online brokers do provide a vast array of basic services.

All of them have links to quotes data bases and stock market listings, some may be delayed a few minutes and some may be live. Most have charts of the individual stocks available; some have stock market tutorials built into their sites. Most will maintain portfolios and watch lists for you; they will of course provide a method of placing orders and selling. Some will provide stock market analyst reports sector reports, earning estimates, and many other historical and technical analysis tools.

If your chosen online broker does not supply everything you need, there are a wide variety of free services available on the Internet. Most of the major portals (MSN, Yahoo, etc) have a Money or Investing section where you can obtain all of the information you are likely to need.

If you are diligent in learning how to read the stock market how to analyze a stock, how to set entry and exit rules, and follow them, playing the stock market can be a profitable replacement for a part time job.

The importance of learning to ignore the “noise” cannot be over stated. Television, print and Internet ads will bombard you with information on trading tips, and trading systems, all professing to be the “holy grail” for making a fortune. You need to learn to filter all of this information and focus on the basics of trading stocks.

There are many types of trades available, including stocks, bonds, mutual funds, options, futures, commodities, penny stocks, etc. There are also different markets to trade in, such as Forex for trading currencies, commodities markets for such things as food and crop products, gold oil and so forth. All of these trades and markets offer different levels of risk, you need to be sure that you understand the risks and rewards of whatever trades or markets you decide to focus on.

Start with learning how to trade stocks, once you are making consistent profits, explore something else. Get good information, study things like The Wall Street Journal, Investors Business Daily, The Financial Times, check the financial offering on television, and study books on investing.

And most importantly enjoy the trip, and spend your profits wisely.

Jim Newell is a writer and Internet publisher for a variety of websites, newsletters and publications. For more information on Stock Market Investing please visit