Thursday, October 25, 2012

Get the 10 Questions Right Below or You Will Lose At Forex Trading

Below you will find 10 questions if you can answer them all correctly you have had good forex education and could join the elite 5% of traders who make big profits - get any of them wrong and you need to continue your forex education! So let's look at the questions below.
1. Forex day trading is a good way to make money
The answer is no - your 100% guaranteed to lose as all short term volatility is random you can't get the odds in your favour and you will lose.
2. Forex markets move to scientific theory
The answer is no of course they don't. If they did then we would all know the answer in advance and there would be no market. A market price moves by its very nature due to uncertainty.
3. Buying Dips To Moving Averages Is a Great Strategy
Buying dips to a moving average is a great way to lose money - it's a lagging not a leading indicator and should never be used in isolation
4. Everything about trading is learned anyone can do it
The correct answer is yes. Anyone can learn to trade if they get the right Forex education and learn the correct knowledge and skills to succeed. Of course most traders fail to do this and lose.
5 Simple Forex Trading Systems Work Better Than Complicated Ones
As a general rule the correct answer is yes, as they are more robust in the face of brutal ever changing market conditions. If a system is to complicated it collapses, as there are too many elements to break.
Most of the world's top trading systems are simple.
6. I Don't Need To Work Hard To Make a Lot Of Money
The correct answer is yes. You don't need to work hard, as there is no correlation between the effort you put in and the reward you get out of forex trading.
You only get paid for being right, nothing else and the amount of effort you make does NOT make any difference to your currency trading success.
The trick is to work smart not hard.
7. Buy low sell high is the best way to make money
The correct answer is no. The best way to make money is not to try and buy lows but buy new highs. The fact is the biggest market moves tend to start form new market HIGHS Not market lows.
If you want to catch the big trends, then aim for these breaks at new market highs and trade them.
8. The more news sources I consult the better
The correct answer is no. News sources don't help you make money, in fact they normally help you lose - as you run with the pack and let your emotions get involved.
News is stories and the people giving them are not traders follow the news and you will lose.
9. I have a system that works I Don't need any more education
The correct answer is yes. Many traders think they have to keep learning for ever but if you have a system that works you don't need to spend any more time studying you can simply spend your time applying it and making money.
10. My risk per trade is my expected profit divided by my stop
The answer is obviously no as this is simply an opinion you hold and has no relation to what the odds of success are. Many people say its high return low risk based upon their opinion and that's not the way to trade forex.
If you answered the above 10 questions correctly, you are on your way to being a winner - if you got any wrong, then its time to keep studying and improving your forex education.

Thursday, October 18, 2012

Math Education Checklist

You need a math education. You want to enroll in an online school to get that education out of the way. The good news is that, in general, most of the mathematics courses that you will need to take are available to you on the web. The other bit of good news is that you can find a variety of schools providing a variety of educational curriculum for you to study. The bad news is that you still have to do the math work that goes along with learning this type of education. Nevertheless, one of the most important things you need to do before you enroll in this type of program is to know what to look for in a school providing you with your math education.
The following is a checklist of qualifications you want to look for in a school to ensure that you can achieve the goals that you have.
1.    Is the school accredited? It should be state wide or nationally accredited to provide the best level of education for you.
2.    Does the math education taught to you in this program fulfill any type of need that you have in another program? Do you need a specific type of math education and if so, does the school you are considering offer it?
3.    IS online education available from the school? If so, find out the process works as well as who teaches the education.
When it comes down to it, getting a math education on the web makes sense and it is quite possible to do. However, most students will need to ensure that the school they choose is going to provide them with the right level of education for however they plan to use it. There is a different from one school to the next and every student needs to understand what their options really are.

Thursday, October 11, 2012

6 Resources for Business Intelligence News and Information

Despite Business Intelligence becoming an increasingly widespread practice, there appears to be relatively little to choose from in terms of good quality news and information resources. From monitoring several discussions on LinkedIn, we saw the same names tended to crop up over and over again.
1. Perhaps the most widely recognized for BI content was TDWI.org. The Data Warehousing Institute™ provides education, training, certification, news, and research for executives and IT professionals across the world. Founded 15 years ago, TDWI is the premier educational institute for business intelligence and data warehousing. Home to Wayne's World Blog, written by Wayne W. Eckerson, the director of research and services, it provides readers with anything from online conferences, to whitepaper downloads, to industry reports.
2. Frequently cited by several LinkedIn members, Information Management was another popular resource people turned to for BI news. It claims to be "the educated reader's choice for the latest news, commentary and feature content serving the information technology and business community", and with its relaunch last year, it offers original reporting, online radio programming, informative Web seminar programming, white paper resources and online education to professionals in the field of IT. Providing daily informative newsletters on a variety of content, it is understandable why info-mgmt.com has carved a strong position in the BI domain.
3. The BeyeNETWORK™ provides global coverage of the BI ecosystem. It supplies industry coverage and resources on business intelligence, performance management, data warehousing, data integration and data quality. B-Eye-Network also includes BeyeUNIVERSITY, a comprehensive curriculum covering all areas of the business intelligence ecosystem. These certificate programs are taught by experts who are nationally and internationally recognized as leaders in their respective fields, and best of all, are completely free!
4. The name Ralph Kimball cropped up on more than one occasion, although perhaps not soley in reference to BI. He is known worldwide as an innovator, writer, educator, speaker and consultant in the field of data warehousing. He has maintained his long-term conviction that data warehouses must be designed to be understandable and fast. His books on dimensional design techniques have become best sellers in data warehousing. To date Ralph has written more than 100 articles and columns for Intelligent Enterprise and its predecessors, winning the Readers' Choice Award five years in a row. Some of his books include "The Kimball Group Reader: Relentlessly Practical Tools for Data Warehousing and Business Intelligence" and "The Data Warehouse ETL Toolkit: Practical Techniques for Extracting, Cleaning, Conforming, and Delivering Data".
5. Similarly to Ralph Kimball, Bill Inmon was another name that graced discussions quite regularly. Inmon, a world-renowned expert, speaker and author on data warehousing, is widely recognized as the "Father of Data Warehousing". In addition to authoring more than 50 books and 650 articles, Bill has been a monthly columnist with the Business Intelligence Network, EIM Institute and Data Management Review. In 2007, Bill was named by Computerworld as one of the "Ten IT People Who Mattered in the Last 40 Years" of the computer profession.
6. Howard Dresner is an industry acclaimed expert, noted author, thought leader and lecturer for Business Intelligence, and Enterprise Performance Management. He spent 13 years at Gartner, where he served as lead analyst for Business Intelligence. Today as President and Founder of Dresner Advisory Services, he focuses his energy on creating and sharing thought leadership for Enterprise Performance Management (EPM) and Business Intelligence (BI) and speaks at forums around the globe. He has written two books: "The Performance Management Revolution: Business Results Through Insight and Action" and "Profiles in Performance: Business Intelligence Journeys and The Roadmap for Change".

Thursday, October 4, 2012

Bilingual Education in the Press

In today's society, the distribution of information is controlled largely by the print and electronic media. Directly and indirectly, media affect the way in which people learn about their world and form opinions on the salient topics of the day, heavily influencing the process of social relations and the slant or spin applied to the news. This becomes most apparent when one analyzes the ways in which the media guide people's relationships with social institutions (e.g., educational, religious, governmental).
Lacking the time and ability to interact personally with every social institution, individuals depend on the media for information about a variety of issues. Media may not always be largely responsible for public opinion, but there are many documented cases in which this has occurred.
When the bulk of collective knowledge of a given issue is determined by the news media, the press becomes a major factor in the formation of social attitudes and beliefs. According to David Fan, has it been suggested not only that media shape public views of political issues but that they also mold opinion within specific agenda items. Michael Herzfeld maintains it is no exaggeration to say that in the United States, media are a major force in society: They create as much as they reflect the events taking place in the nation.
While individual, seemingly insignificant messages conveyed in the media might appear to have minimal effect, they may accrue over time and form long-term trends of public opinion that affect the outcome of public debate. This entry examines the portrayal by media of the relationship between bilingual education and immigration and provides a context for it in the broader dynamic of society and the press.
Given that media play an important role in the construction of public opinion and have the potential to directly affect the political process, it is important to understand the impact that individual media forms have and how they are consumed by the public. There are special characteristics of newspapers that help to shape public opinion. While many people elect to watch television and/or listen to the radio for their news and information, the printed format of newspapers offers specific advantages.
Newspapers are not limited by time. Readers can afford to devote more time to read and review print news and editorializing and to choose when and where they will do so. This lack of time constraint also allows newspapers to present many more stories than broadcast news on radio or television. This entry focuses on print media in one state and how it influenced the public's view of a ballot initiative to abolish bilingual education in that state.
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