What is the West Bank?

Posted by Deb | Politics | Sunday 6 July 2014 9:22 am

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What is Your Main Drive – Pleasure or Fear?

Posted by Deb | Day Trading Journey | Monday 24 February 2014 10:03 pm

A friend told me this story: He was driving back home very late, or actually very early in morning – around 2AM. In the middle of the way, he saw a deer running up to the side of the highway and just stopping there – staring in his direction. The deer was about 1/2 mile ahead of him, as he was going about 65 mph, so he had only seconds to react. Thinking quickly, my friend flashed his high beams at the deer. Luckily, he turned and ran back into the woods almost immediately.

As my friend was telling me this story, we were wondering what he could have done if that deer had darted out in front of the car instead of turning back. Luckily, we didn’t have to find out.

We tried to figure out: Why did he turn back instead of darting across the highway in front of the car? Did the flashing high beams make him sense danger and move or was it the sound of approaching car that made him turn back? I suppose we don’t have any way to know.

Anyway, this brings me to the point of this rant: In a lot of ways we are like that deer.

Sometimes we run away from things that we fear instead of moving towards things we want and it’s often difficult to figure out what motivates us to do the things we do.

I heard once a lecturer who argued that the successful people are those who are mostly motivated by the pursuit of pleasure rather than pain. In trading, I know that being constantly afraid of losing is the worst thing. You will end up closing all your successful trades to early, and won’t be able to make any profit. You have to be somewhat afraid of pain so that you will be careful, but letting that be your main dirve will lead to failure.

Many people are motivated by pain or fear: Fear of not having any money, fear of losing the money they have, fear of not having enough money to pay their bills or send their kids off to college, fear of losing their place in society.

What’s your motivation?

Many people are driven by some bad memory of failure. This failure takes possession of their thoughts and hopes, and doesn’t let them motivate themselves for success. The fear of failure is so big, that they repeat it again and again.

How much of what we do is being influenced by of some kind event in our lives that sucked or other people?

Someone once told me: “If you don’t take charge of your life there are lots of other people who will be happy to do it for you.”

Don’t be that person. Take charge of your life. Move yourself toward self-directed behavior.

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Do you play the guitar, or any other instrument?

Posted by Deb | Day Trading Journey,Uncategorized | Sunday 5 January 2014 12:37 am

This post here is completely off-topic. I wanted to tell you about my new business: I decided to start selling on Amazon. I have opened a new brand for music accessories, and have just launched my first product: A Metronome Tuner. It is a cute little device, very easy to use, with great capabilities: It has automatic-mode tuning for guitars and bass, and chromatic mode / tone generator for tuning other instruments. When tuning, you can see on its large LCD screen very clearly how far you are from the right tone.

In the metronome mode you can change between 8 rhythm variations, and also select your tempo and beat. The device an adjustable voulume control, so you can choose if you prefer a quiet nudging sound or a loud sound, which can be heard well even when you are playing.

The metronome has a support clip with which you can place comfortably on a chair, table or piano so you can see the screen clearly while playing or tuning.

As you can see, I am excited about this device, and about this new business venture in general. I really recommend it for any musicians out there, or for music students – adults and children alike. (My 11-year-old daughter just started playing the guitar a few months ago, and loves using it for tuning).

As I am celebrating the launch of my Amazon selling career, I would like to give readers of my blog a nice discount. So please follow this link here, and put in the promo code FUTPROMO to get a $15 discount. This code is valid only till next Sat., January 11.

If you use this code, I would like to ask you a favor: please leave me a review on the product’s page. Don’t write only complimitents: Give me you honest thoughts about it. Thanks!

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‘A Bit Match’ Anti-Israel Resolutions ?

Posted by Deb | Politics | Sunday 17 November 2013 1:39 pm

A United Nations interpeter spoke her mind when she thought the microphones were off.

Read also in Hillel Neuer’s article here.

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This Blog is Listed in “The Top 100 Future Trading Blogs”

Posted by Deb | Day Trading Journey | Monday 11 November 2013 5:53 pm

I got a notice that this blog is listed as one of the Top 100 Future Trading Blogs. I am honored!

It was listed in the category “Personal”, if you look there. I guess that would be the right category.

I know I haven’t been posting much lately; I am so busy lately with other venues. I intend to write soon about my adventures with eToro. I have been very pleased with the results. Of course, as with any trading, there are the bad days, but all-in-all I have already made 30% on my investment there, in about 6 months.

I am also invested in stocks now, still learning how to do it, but enjoying it. It seems this kind of investment is better for me; it leaves me less stressed.

I hope to write about all this some time soon. I’m off to get the kids now.

 

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Online Forex Trading

Posted by Deb | Forex,Guest Post | Tuesday 29 October 2013 1:14 am

Is there anything today that cannot be done via the internet? Aside from smell (which they are working on) and taste, we find ourselves more and more living in a virtual world.

As little as 20 years ago, most investors invested through the services of a broker. Often orders were taken via the telephone, but mostly it took a personal visit to the broker’s office in order to get an order filled. Physical tickets were handled and floor runners ran to the market floor to place a trade.

Practically all trading is done today online. It is faster and more convenient and highly impersonal. Traders need never meet the broker who places the trade and are totally ignorant of whether or not their money is handled properly.

Forex, or foreign exchange, trading began in 1997 and was conducted by big players such as financial institutions, international banks and wealthy investors with substantial portfolios of over $1,000,000. Forex began as an online investment and continues to be the largest financial market in the world despite the fact that there is no physical marketplace.

Over the years, Forex brokers opened their doors to individual traders and with the lackluster performances of the stock and bond markets, many traders have moved their monies over to Forex.

Forex traders bet on the movement of the price of the currency. The U.S dollar is considered the strongest currency and the EUR/USD is the most popular currency pair traded.  A host of commodities such as gold and petroleum products are internationally priced in dollars and require payment in US dollars only.

Many factors determine Forex prices including economic factors such as interest rates and inflation. In addition, political issues and social changes create price fluctuations. Often these reactions are short lived but they are enough to make a Forex trader lose a substantial amount of money.  A surplus or shortage of a currency can cause major fluctuations in the Forex rate of any currency.

Forex markets are open 24/5 on a continuous 24-hour basis and are not governed by the rules of any particular country. However, in order to protect the individual investor, most Forex firms are regulated by a supervisory agency and must comply with the regulator’s stipulations.

Bitcoin trading operates in a similar nature to Forex trading.  This popular virtual currency can be traded online against other currencies and transactions can be completed in mere seconds.  Although there is no reputable regulation yet, there are many movements to have this form of trading regulated in the near future.

Online Forex

Anyone interested in trading Forex can open an account with the myriad of online Forex brokers. The sites are informative and interactive. They can provide the novice trader the information needed to get started. Some sites, however, can be overwhelming and often the beginner gets lost in the maze of data. It is advisable for any new trader to read the online review sites, such as Daily Forex, to compare the features offered by each brokers.

Before placing your first trade, it is essential that you understand the world of Forex. Online tutorials are usually provided on the broker’s site. In addition, free courses, such as FX Academy.com  are offered to those who wish to delve deeper into how Forex works in order to emerge as a successful trader.

The most important feature to look for is the broker’s free demo account. This provides you with the opportunity to trade for several months with virtual money. Practice makes perfect and the more experience you have under your belt before trading in a real account, the more chance you have of coming out ahead. Jump in too soon and you can expect losses.

When you do open a real account, ease into trading by using only the minimum amount required. Often this can be as low as $500. Try to avoid leveraging your account. Trading on margin is a sure way to lose your money and most brokers are only too eager to provide you with up to 200:1 leverage.  Don’t fall for that trap.

A trader must know when to pull out of the trading arena. It takes a lot of time and knowledge to predict the right time to buy or sell but here’s a rule of thumb: If you’ve made some money, don’t be greedy. Pull out while you can. If you have lost money, don’t wait to lose every cent in hopes that things will turn around. Pull out and use whatever funds are left to buy again later. Don’t let your emotions rule.

 

 

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It’s Your Fault! Rape and Victim Blaming

Posted by Deb | Politics,Uncategorized | Friday 27 September 2013 9:33 am



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