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Forex Trading Tip #2

Forex tip for beginners

Forex market might look quite lucrative, but trading in forex needs a lot of precautions. May be even more than Stock market. This is mainly because of the power of leverage. In most forex platforms you can leverage your money upto 200 times. While this means more money for you if your tarde does well, this also means that you are risking more with each trade. Here are few tips for beginners with e-toro.

1)      Do not, DO NOT trade with real money unless you have mastered the forex trading with demo account. I believe that e-toro is the simplest to understand trading platform for fx trading. You can download the free demo account of etoro by clicking the link below.

Click here for a free forex practice account

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Forex Trading Tip #1

I received many mails & queries on my previous article of forex trading. I presume some of you have already downloaded the free demo version of etoro forex trade. If not , you may download it now by clicking this link : free etoro demo forex trading software. I find etoro to be the best forex trading system in the market.

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Earn from Forex Trading

If you are exploring online earning opportunities where one can earn 1000′s  of dollars from your home PC; trading forex online could be the option you are looking for.  The word trading is usually associated with risk, due the ups & downs of the stock market. Here, we are not talking of stock trading but trading in foreign currencies through forex platforms.

Forex markets are a much safer bet than stock due the facts mentioned below:

  • Unlike stock market, up or down forex signals does not affect your earning potential. When a currency pair is going down one can make profit by selling it & vice versa when the currency pair is going up.
  • The forex market stays open throughout the day; this increases the earning potential & decreases the risk.
  • Most online forex accounts come with a stop loss mechanism. This means that you can never loose more money than that you have invested in that particular trade. We can also manually set much lower stop loss levels.
  • One need not pay brokerage or commission charges for forex trade.
  • Personally, I like the leverage in forex trade (also known as FX trade). In stock market one can get a leverage of 2:1 whereas forex brokers give you a leverage of up to 400:1. This means that smaller investments can get higher returns. (Higher leverage also means higher risk)

The challenge that we face is to learn to the new skills like – forex trade, forex signals, forex calendars & decipher forex charts & forex news.

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Travel Tips

Travel Tips

Marketing activities have forced me to travel much more than my liking to various destinations. There is no denying that I usually get an adrenaline rush while traveling to new places, however travel can also be equally frustrating due of unanticipated circumstance. From my experience & valuable contributions from my colleagues of Jindal School of Hotel Management, here is a list of tips for travelers both domestic & international.

Tips for packing

  • Despite being a frequent traveler, I often forget to pack important things. A simple check list will be of great help. Things that I have missed most are : visiting cards, small iron, foldable umbrella, belt & battery charger for camera.
  • Rolling up clothes instead of stacking them , helps me to accommodate more in less space.
  • I make a conscious effort to wear the biggest/ heaviest shoe & coat for travel. This will reduce considerable weight of the luggage & saves space too !

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7 Don’ts for our body

7 don’ts – never late to know

How I wish that I learned these at kindergarten.  I was/am enslaved to many of these habits blissfully unaware that these habits were causing long term damage to my body.  In fact I fall prey to some of these habits even today :-? .  The good news is that now I am aware! & will eventually come out of these self damaging rituals.  May be, “Top to Toe Don’ts” is a more apt title for this article.

Here are 7 Don’ts (Top to Toe)

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Gmail Tips & Tricks

TOP  5 Gmail Tricks

“If you are not using Gmail, you must be living in stone age” – This is what I say to my friends who are still reluctant to switch over to this wonderful web mail service.  Most still believe that this is just another mailing service. It could be just that if one does not use the extensive features of this free Gmail account service.

Let’s looks at some of Gmail tricks today.  By the way, all these tricks are legal.  The post should have been appropriately titled “Getting the most out of your Gmail” But then I decided to go for a catchy phrase to grab your attention.  ;-)   Now that I have your attention, let’s get down to business.

Since this blog is looking for more viewership from youngsters, most of the tips are to entice that age group.

Gmail trick # 1: To impress a new acquaintance, you may give them an altered Gmail id which will still work. Let’s say my Gmail id is sri.jshm@gmail.com & I am giving this id to my new friend “Deepika”.  I can give my id to her as sri.jshm+deepika@gmail.com. This is sure to take her by surprise & acts as a great conversation starter.  What if the acquaintance tries this Gmail address?  Relax, you will still get the mail because Gmail does not recognize any characters after ‘+’.  This new Gmail address will work just fine.  However your trick will be exposed when you reply from your Gmail account. Read More…

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Paypal – Most Useful site

www.paypal.com - The safest online payment processor

Yikes! I almost forgot that I had a “Useful Sites” page in my blog. let me start this page with the most useful site of modern times.
For anyone serious about online transactions, paypal.com is a must have.  Paypal is owned by ebay company since 2002.  This site is your bank, credit card, debit card, payment processor – all rolled into one.  The best feature about this site is that it is available free of cost and takes only a minute to sign up.  Here are some facts about paypal.com

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