A Real Forex Apocalypse Review

By Kathy Alonso

The sales page looked too good to be true. Having little knowledge about Foreign Exchange Trading it piqued my interest and after finding no negative reviews anywhere I decided to try forex Apocalypse. The idea that it was a plug and play EA which could be set up and left to do what it does without being tweaked was very appealing to me. Reviews stated that it made few transactions but was very reliable. It was said to avoid risky short term moves and go for more long term earnings. After I purchased the software I was taken to metatrader.com which as stated on the page was recommended for use with this EA. The sign up process was lengthy and included giving my bank information. The software was only available for windows and so I had to install it on a friend's computer. I funded my account through Paypal and installed the Apocalypse EA. I had trouble getting the EA to start working and contacted MetaTrader support about the issue. Affter telling me to reinstall their software they said that they could not help me because they do not provide technical support for EA's. They suggested I contact the Forex Apocalypse EA support.

I looked through the forex apocalypse website where i had purchased this EA and was unable to find any contact or support information. Luckily I was able to find the email which i was sent when I had first bought it and sent my support questions to this email. Their response came sooner than expected and i heard back from them within 24 hours although by this time i had already figured out what the problem was. The MetaTrader program settings were not set to give the EA permission to do live trading. I just changed the permissions and was on my way.

I left it on the default settings which were the following: magic number : 20202111 eachtickmode : true Lots: .5 stop loss: 250 takeprofit: 500 trailing stop;: 65 slippage: 3

I had it working on 30 minute graphs and all major currencies. It took a few days to make the first purchase and that same day I lost over $250. I was concerned that it may not have been running 24/7 so I subscribed to ForexHoster, which allowed the EA to be running 24/7 without any disruptions or delays. This costs about $60 a month. I also read through the Forex Apocalypse manual again and found that it said that the graphs should be set at 4 hours and 1 hour for best accuracy. I made these changes and left the EA running again. I was hopeful when a few days later the EA made another purchase and it looked like this one would make a profit. Unfortunately within a few hours I ended up losing another (over)$250. Very much dismayed, I wrote to the Forex Apocalypse support, telling them of my problems and asking for any help or suggestions. Once again I received a timely response. They suggested that I use shorter time frames and that "EUR/USD is the recommended currency pair as it produces the most stable signals". Once again the changes were made according to the recommendations given. Unfortunately the continuous losses continued and three weeks from when i first purchased Forex Apocalypse, I had lost over 800 dollars. Needless to say this was a hard learned lesson. I will be attempting to get a refund and I'll also be canceling my ForexHoster account.

And doubtless I will not be dabbling in Forex Trading again or falling for sales pages that seem too good to be true.

But there are great opportunities to be found online. You can stay up to date wit the best opportunities by visiting www.prosperlane.com. - 23162

About the Author:

For great information on how to make money online visit ProsperLane.com and sign up for a free associate membership and watch live daily webcasts on all their products and services.

Using LEAP Options

By Ahmad Hassam

One person who made history with options was George Soros who is famously known as the man who broke the Bank of England. Great Britain was finding it difficult to stay within the tight exchange rate band set by the European Monetary Union (EMU).

George Soros is a famous name in the world of investing. He is famous for his speculative attacks on currencies that he had the intuition of being intrinsically weak. He had always believed in contrarian investing. Contrarian investing means doing exactly opposite of what the crowd is doing. George Soros had this intuition that the Bank of England could be forced to devalue British Pound. So he bought call options on German Marks and put options on British Pound. He made a bet of $10 Billion by leveraging all the assets in his hedge fund.

Bank of England had made a number of public statements regarding its intention of staying within the EMU. However, within a few days of the speculative attack on the British Pound, Bank of England was brought to its knees as it was unable to sustain the immense selling pressure on the British Pound. Bank of England was forced to devalue British Pound in view of the speculative attack on the British Pound.

When you a strong intuition, you should go for the big kill. George Soros made a cool $1 Billion profit on his bet in a matter of a few days. Can you make such a bet? Maybe not but this one example show the immense power options have if used correctly. Options are risky; there should be no doubt about it.

Options contract give you the right to buy or sell an underlying security like stocks, futures, commodities or currencies at a price before a certain date. This price is known as the Strike Price. This date is known as the Expiry Date. However, in European Style options you can only buy or sell on the expiry date not before that. Most people who trade options lose money, plain and simple.

You need to learn the Options Greeks. Time factor is very important when valuing an option. Further out the options contract is from expiration, you will have to pay a higher premium. As the options contract approaches the expiration date and if it is out of money, it loses its value very fast.

LEAP options are basically long term options. Leap options can help you profit over the long haul. You can use LEAP options in options strategies like the covered calls, straddles, spreads and so on. LEAP stands for long term equity anticipation. It basically means that the option is much like the regular option except that the timeframe to expire is greater than 1 year.

LEAP options can be incredibly profitable if used correctly. However, LEAP options are risky because the option writer usually demands a hefty premium for taking on the long term risk. The buyer of the LEAP options has the right to exercise the option prior to expiration should the price of the underlying stock move in the money. Long timeframe means that the possibility of the LEAP options moving in the money is always high hence a high LEAP options premium.

Far away from expiration, the higher the value of the options contract! Closer the out of money option is to expiration, faster its value drops. What this means is that the buyer of the options loses the premium that was paid for getting the right to buy or sell the underlying security. LEAP options can be a great trading vehicle for swing traders as they mitigate some of the time decay that is inherent in short term options. If you need to learn options trading than you should consider joining the Live Options Mastery Classes online at the Options University. Learn options trading from a former options floor trader for safer and better investing! - 23162

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. Learn Candlestick Charting! Know Fibonacci Retracement!

Why Setting Trading And Investing Goals Can Improve Your Trading/Investing Performance

By Sam McNeill

Goal setting in trading and investing, and indeed in any area of your life, has two vital items involved in goal setting and goal attainment: i) perceived difficulty of the goal; and ii) how specific your goal is.

The more perceived difficulty in the goal and more specific the goal is, the more likely you will raise your level of performance to achieve your goal. This is because with these two elements of challenge and focus, people are more likely to try harder, achieving a higher performance which produces better overall results.

So with a trading/investing goal example to earn $50,000 for the year, a more difficult and specific goal may be $51,600. If your brain perceives $51,600 yearly earning as a more specific goal than $50,000 yearly earning then you are more likely to raise your performance to achieve your goal of $51,600.

Setting easy goals is unlikely to raise your performance as if you set a difficult but specific goal. So if you believed that a trading goal to earn $51,600 is easily attainable for the year, and then maybe set it to a more challenging $72,400.

But your goal has to be realistic to be achievable. You need to believe your goal is attainable through your past experience, knowledge, training and/or skills that you can make it happen. So to perform against your goal make it realistic.

If you believe that achieving your goal is important you will be more committed to making it happen. If you can measure how you are progressing towards your goal, then you can measure how well you are performing. This serve to strengthen your commitment to attaining your goal and progress results.

You can measure your progress against your trading/investing goal simply by keeping a running tally of your earnings year to date. So when you are half way through the year and have an earning tally of $38,100 from your goal of $72,400 you know you are on track as you are over half way there.

Often when starting something new, we don't bother to set goals. When starting in trading and investing, often it is good just to see a result. But imagine how much more meaningful this would be if the result reflected a set goal which was difficult, specific and important. We would be able to measure our progress which would add to our performance in achieving the goal at hand. Very satisfying and very positive.

So, why not think through your trading or investing goals. Set yourself an attainable, but difficult specific challenge and measure your progress. You will be amazed how you feel about your results.

In his excellent text book "The Psychology of Persuasion", Kevin Hogan talks about "the least acceptable result". What is your LEAST ACCEPTABLE RESULT from your trading? Think about this very carefully because this is the true goal that most people WILL achieve from any activity. You must move your Least Acceptable Result up to the level of your goal. - 23162

About the Author:

Learn more about how to trade shares with Just Shares and visit our website where you can find out all about Just Shares' share trading course and how Just Shares can help you be successful in trading shares.

Denver Condominiums - Get the Scoop on Condominiums in the Denver Real Estate

By Michael Canon

While homes are popular in Denver, Denver condominiums are often preferred by many residents in the city. Condos have unique benefits if you choose to live in one rather than a house. Many residents prefer to live in houses however residents that live in condos have a unique chance to experience Denver in a way that home owners cannot. The locations of the condos is the main reason that only condo dwellers can experience Denver in this unique way.

Denver condominiums lie everywhere from downtown all the way out to the suburbs. The condos that are near downtown or lower downtown, also known as LoDo, are mainly old factories or other buildings that have been made into condos. Downtown Denver condominiums also house upscale high rise condos on top of the older buildings that have been refurbished. While many of these high rise condos are occupied by wealthy residents, there are many other condos in the area that are just as appeasing.

Another huge advantage of living in a Denver condominium is that most of the time you will not have to worry about the lawn care aspect as you would if you owned your own home. Having the benefits of apartment living and still owning a place is very appealing to many consumers.

As with buying a house, buying a condo is also a large decision. However unlike a home many Denver condominiums will have swimming pools and fitness rooms. Usually a condo in Denver will cost about $170,000 however they can get as high as $1 million in some of the high rise downtown Denver condominiums. Most condos have a monthly payment ranging from $800 to $1,500.

Inside Denver you will find that there are three main types of condos. The most popular type of condo that you will find in the area are the lofts which many students stay in. In most cases the lofts are remodeled buildings that are located near the downtown area. The second type of condo that you will find is a vacation condo. These condos are usually around the edges of the city and have attractive mountain views and are close to outdoor activities. The third and final type of condo in the Denver area are the high rise condos located in downtown. The high rise condos usually have many different features and extras that are included with the condo.

With there being so many Denver condominiums you might be wondering how you will be able to find and choose one that fits your living style. Touring condos is the easiest way to find one that you will like. By doing this you can find a condo that fits your budget and includes features that you are looking for.

You will find that many Denver condominiums sell quickly because they are wanted by many consumers. Finding the right condo in Denver may take longer than you expect however this will also ensure that you are satisfied with your purchase. Vacation condos should be chosen based on what attractions you will be visiting such as if you are planning on going on the Denver Microbrew Tour. - 23162

About the Author:

Rodolfo Canon is a Denver realtor with the Canon Colorado Team who are frequently quoted by the Denver Media as real estate experts. Rodolfo will help you find Denver condominiums or lofts that you're looking for. Get in touch today by visiting them at Denver Condominiums or Denver Real Estate!

Getting the Price Right for Success in Real Estate Sales

By Jason Myers

Real estate investing normally entails selling at some point. This price setting is what will identify how fast the house will sell. But how do you get this cost correctly?

For most home sellers, procurement of the appropriate cost is dependent on how much they believe the house is worth. But as it has been determined with this method, the chances of making it right are slim to none. Of course, the laws of probability asuures you a chance in making it right by sheer approximation but that just about never occurs.

For the best deal, you need to do a single thing, and that is a home inspection. You must get the services of a professional to make the value approximation of the home and provide details to you with it. That will offer you the edge of costing the home. These people are so precise in their transactions and with all considerations being made, as with the recent trends in the real estate market, they will deliver a nearly precise figure of just how much your property is valued inside and out.

There are a number of instances where you might not be joyful with the figure, but you are more than welcome to do improvements that will increase the price to a higher number that you can be comfortable with. You can invest in remodeling the home, redoing the paint jobs and swapping a thing or two, up to the time you think that the overall value has increased.

The second thing you can do is to hold on until the home selling period arrives, but with the irregular financial turns, you would not be assured of that really occurring.

When selling your house, you must not even think about competing with foreclosed homes because their prices are way cheaper and efforts to match them would just bring about loss. - 23162

About the Author:

As the housing crisis bottoms we'll have plenty of one in a lifetime real estate investing opportunities. You may also want to read our articles about home refinancing so you'll have funds to invest!