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	<title>Ronald Talk</title>
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	<description>Just my point of view</description>
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		<title>TOTALIFE FIBER GREEN DEMO</title>
		<link>http://ronaldtalk.wordpress.com/2012/01/20/totalife-fiber-green-demo/</link>
		<comments>http://ronaldtalk.wordpress.com/2012/01/20/totalife-fiber-green-demo/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 05:31:19 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Network Marketing]]></category>
		<category><![CDATA[Wellness]]></category>
		<category><![CDATA[Aloe Vera]]></category>
		<category><![CDATA[Colon Toxin]]></category>
		<category><![CDATA[Dietary fibers]]></category>
		<category><![CDATA[Fiber Green]]></category>
		<category><![CDATA[Fibersol]]></category>
		<category><![CDATA[Fructose]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[Oligosaccharide]]></category>
		<category><![CDATA[Orange Juice Power]]></category>
		<category><![CDATA[Totalife]]></category>
		<category><![CDATA[Weight Control]]></category>
		<category><![CDATA[Wheat Fiber]]></category>

		<guid isPermaLink="false">http://ronaldtalk.wordpress.com/?p=934</guid>
		<description><![CDATA[&#160; TOTALIFE FIBER GREEN Video demonstration on how it can help to block and eliminate excessive oil from our diet. TOTALIFE FIBER GREEN is a mixture of both soluble and insoluble dietary fibers from fruits and plants, blended in a tasty orange flavor. It is mixed with water and can be served in lukewarm or [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=934&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<span style="text-align:center; display: block;"><a href="http://ronaldtalk.wordpress.com/2012/01/20/totalife-fiber-green-demo/"><img src="http://img.youtube.com/vi/4L4_j3hH2pw/2.jpg" alt="" /></a></span>
<p>&nbsp;</p>
<p>TOTALIFE FIBER GREEN Video demonstration on how it can help to block and eliminate excessive oil from our diet.</p>
<p>TOTALIFE FIBER GREEN is a mixture of both soluble and insoluble dietary fibers from fruits and plants, blended in a tasty orange flavor. It is mixed with water and can be served in lukewarm or cold.</p>
<p>Ingredients: Orange Juice Power, Fibersol, Wheat Fiber, Fructose Oligosaccharide and Aloe Vera.</p>
<p>Benefits of FIBER GREEN:<br />
- Promotes good bowel movement and reduce body toxins.<br />
- Promotes good digestion and prevents constipation.<br />
- Helps to lower blood cholesterol and sugar levels.<br />
- Good for weight control, reduce oil absorption.<br />
- Served as nutrient for microflora (good bacteria) in the colon.</p>
<p>TOTALIFE FIBER GREEN (8 gram x 20 sachets)</p>
<p>Malaysia Retail Price: RM88.00<br />
Distributor&#8217;s Price: RM68.00<br />
Autoship Price: RM58.00 (Conditions apply)</p>
<p>Contact for more information:</p>
<p>Email: ronfreelife@gmail.com</p>
<p>+6019 3399338 Ronald Lee<br />
+6019 2372972 Mary Khoo</p>
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		<title>Why Scalping Is Different?</title>
		<link>http://ronaldtalk.wordpress.com/2010/05/20/why-scalping-is-different/</link>
		<comments>http://ronaldtalk.wordpress.com/2010/05/20/why-scalping-is-different/#comments</comments>
		<pubDate>Thu, 20 May 2010 09:31:50 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Business & Finance]]></category>
		<category><![CDATA[Case Study]]></category>
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		<category><![CDATA[Forex]]></category>
		<category><![CDATA[Investing Basics]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[Stratergies]]></category>
		<category><![CDATA[Technical Analysis]]></category>
		<category><![CDATA[Candlestick]]></category>
		<category><![CDATA[Chart Patterns]]></category>
		<category><![CDATA[Fears]]></category>
		<category><![CDATA[Financials]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Scalping]]></category>
		<category><![CDATA[Success]]></category>
		<category><![CDATA[Volatility]]></category>

		<guid isPermaLink="false">http://ronaldtalk.wordpress.com/?p=927</guid>
		<description><![CDATA[Buy and hold method of trading, makes you wait for hours, maybe days or even weeks before you can take your profits. This method leaves you exposed to news and rumours that can turn your months of profits into losses in a single day. You’ll be riding the emotional roller coaster which is going to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=927&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><strong>Buy and hold method of trading, makes you wait for hours, maybe days or even weeks before you can take your profits. </strong>This method leaves you exposed to news and rumours that can turn your months of profits into losses in a single day. You’ll be riding the emotional roller coaster which is going to affect you, your work and your daily life. This is certainly not the only way to trade and definitely not the best way either.</p>
<p><strong>Scalping on the other hand is a favourite trading style of big-money day-traders.</strong> It exploit on short-term explosive moves in the market for large profits – and exits just as quickly. You make money fast but only minimum risk exposure.</p>
<p>Scalping is a fast-action and entertaining but yet a very profitable method. You’re participating in the greatest action, raking in regular, predictable profits while other traders too scared to pull the trigger. It cashes in on multiple short trades in a day, never leaving you exposed to any long term or even overnight risk.</p>
<p>Scalp-trading is very demanding and requires a lot of concentration, constant monitoring of the price and very quick decision making. Also, short time frames used in scalping strategies, require a good grasp of trading complemented with sound technical analysis skills. It is not a place where beginners feel very comfortable as it demands from traders a good chunk of experience.</p>
<p>To understand the full challenge of scalping as a trading style, you need to put in lots of hard work and practice. Do not let your small gains accumulated over a decent period of time be wiped out with one large loss. Finding a balance between profit levels and size of acceptable losses presents the most difficult challenge to scalper’s strategy.</p>
<p>So instead of using the “Buy-Hold-Wait and Pray” method of trading, you can get in, get out, take on the day and leave no emotional attachment that will affect you. Remember, you have a life!<br />
<a href="http://www.investornetwork.asia/methodology.html"></a></p>
<p><em><strong><a href="http://www.investornetwork.asia/methodology.html">Watch the video &#8211; see how profits can be bagged into your account within minutes.</a></strong></em></p>
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		<title>Investor Network Platform</title>
		<link>http://ronaldtalk.wordpress.com/2010/03/06/investor-network/</link>
		<comments>http://ronaldtalk.wordpress.com/2010/03/06/investor-network/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 04:28:28 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Business & Finance]]></category>
		<category><![CDATA[Financial Tips]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Mindset]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[Stratergies]]></category>
		<category><![CDATA[Trading Tools]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Financials]]></category>
		<category><![CDATA[Network Marketing]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Success]]></category>
		<category><![CDATA[Trading]]></category>
		<category><![CDATA[Trading Psychology]]></category>

		<guid isPermaLink="false">http://ronaldtalk.wordpress.com/?p=912</guid>
		<description><![CDATA[I have been fine tuning my Trading strategy for some time now and have been successfully tripling my demo account many times over. I have shared this trading strategy with some traders and friends and all have shown interest in learning this powerful money making skill. I have even been offered handsome fees and commission [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=912&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><strong>I have been fine tuning my Trading strategy for some time now and have been successfully tripling my demo account many times over.</strong> I have shared this trading strategy with some traders and friends and all have shown interest in learning this powerful money making skill. I have even been offered handsome fees and commission to trade on their behalf.</p>
<p><strong>$225,614.56 profit ($25,000 capital) in 5 Days, 902%.</strong></p>
<p><a href="http://ronaldtalk.files.wordpress.com/2010/03/fxpro-statement.jpg"><img class="aligncenter size-full wp-image-913" title="FxPro Statement" src="http://ronaldtalk.files.wordpress.com/2010/03/fxpro-statement.jpg?w=600&#038;h=298" alt="" width="600" height="298" /></a></p>
<p>I have seriously considered conducting teaching seminars again but the trading seminar market has been tarnished by some foreign trainers in Malaysia who make promises but only to provide very little or no follow through.  They charged exorbitant fees and are only interested to make our money from training seminars. In addition, most of the stuff that they taught don’t really work. Most of us have lost money applying what we have been taught.</p>
<p><strong>The problems that most of us faced concerning the learning of investing skills are:</strong></p>
<p>1.  Can’t afford to attend these expensive investments seminars, usually priced at RM5K to RM15K depending on the popularity of the trainer.</p>
<p>2.  No money to trade after learning.</p>
<p>3.  Got burned and have given up after finding out that what was taught doesn’t work.</p>
<p><strong>I am starting an Investor Network platform and the purpose is:</strong> <strong></strong></p>
<p><strong>1.  To provide free investment education</strong> for all enthusiasts. To start off, I’ll provide free Online Trading Workshop in 3 modules (pay only hotel, food &amp; materials). <strong></strong></p>
<p><strong>2.  To conduct regular gatherings</strong> to discuss investments and trading experiences so as to shorten your learning curve. <strong></strong></p>
<p><strong>3.  To provide investment opportunities</strong> to acquire your start-up trading capital</p>
<p>If you are interested in learning or need more information on Investor Network or my trading strategy, you can leave your contact on the comments section. I&#8217;ll get in touch with you soon.</p>
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		<title>Why Learn To Trade Online?</title>
		<link>http://ronaldtalk.wordpress.com/2010/02/22/why-learn-to-trade-online/</link>
		<comments>http://ronaldtalk.wordpress.com/2010/02/22/why-learn-to-trade-online/#comments</comments>
		<pubDate>Mon, 22 Feb 2010 04:23:16 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Business & Finance]]></category>
		<category><![CDATA[Financial Tips]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[Mindset]]></category>
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		<category><![CDATA[Options Trading]]></category>
		<category><![CDATA[Trading Psychology]]></category>
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		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[Trading]]></category>

		<guid isPermaLink="false">http://ronaldtalk.wordpress.com/?p=906</guid>
		<description><![CDATA[The process of Online Trading is very developed nowadays. Online trading is very complicated because of its rules and laws. And if a person manages to enter this world and learn its rules well, he or she will have the opportunity to reap significant profit from this activity indefinitely. This is the main attraction why [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=906&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><strong>The process of </strong><strong>Online Trading is very developed nowadays. Online trading is very complicated because of its rules and laws.</strong> <strong>And if a person manages to enter this world and learn its rules well, he or she will have the opportunity to reap significant profit from this activity indefinitely.</strong> <strong>This is the main attraction why so many individual want to learn to trade. </strong></p>
<p>Online Trading truly can offer you the following:</p>
<ol>
<li><strong>Income</strong> – develop the ability to make money consistently in trading.<strong> </strong></li>
<li><strong>Freedom </strong>– break free from the rat race, trade anywhere in the world.</li>
<li><strong>Lifestyle </strong>– gain total control; enjoy the life that you always wanted.</li>
</ol>
<p>Online market of services is becoming more and more interesting and attractive to people, because it has many advantages in comparison with traditional forms. For example, there is certain difference between the traditional stock trading at stock exchange and online stock trading. In second case you are sitting near your computer and all necessary data, statistics and other additional information is in front of you and the only thing you have to do is just observing changes on stock markets and making necessary decisions. In traditional form all these things take more time and forces.</p>
<p>Successful traders are rational people. Winners trade solely for the money, while losers get their kicks out of the excitement of the game. In choosing a market to trade, keep in mind that every trading vehicle, be it a stock, a future, or an option, has to meet two criteria: <strong>Liquidity and Volatility</strong>.</p>
<p><strong>Liquidity </strong>refers to the average daily volume. The higher the volume, the easier it is to get in and out. You can build a profitable position in a thin stock, only to get caught in the door at the exit and suffer slippage trying to take profits.</p>
<p><strong>Volatility</strong> is the extent of movement in your vehicle. The more it moves, the greater the trading opportunities. For example, stocks of many utility companies are very liquid but hard to trade because of low volatility—they tend to stay in narrow price ranges.</p>
<p>Trading in the Financial Markets is a serious business, learn to respect it as you would respect any other business and enjoy the potential rewards it offers. The Financial Markets can become your perfect business, requiring no employees, no inventory, no complicated accounting, no permits, no licenses, no customers, and no advertising. Using your own computer and access to the internet, you can trade in any markets with very low startup capital, regardless of your age or your educational background.</p>
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		<title>Charismatic Leadership</title>
		<link>http://ronaldtalk.wordpress.com/2010/01/23/charismatic-leadership/</link>
		<comments>http://ronaldtalk.wordpress.com/2010/01/23/charismatic-leadership/#comments</comments>
		<pubDate>Sat, 23 Jan 2010 03:58:05 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Attitude]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Inspirational]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Mindset]]></category>
		<category><![CDATA[Network Marketing]]></category>
		<category><![CDATA[integrity]]></category>
		<category><![CDATA[Success]]></category>

		<guid isPermaLink="false">http://ronaldtalk.wordpress.com/?p=902</guid>
		<description><![CDATA[Charismatic Leadership is based upon a person’s ability to communicate and interact with people on a very down-to-earth way that touches them emotionally and are able to either inspire or motivate them. The Charismatic Leader gathers followers through his very unique form of personality and charm, rather than using any form of external power or [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=902&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><strong>Charismatic Leadership is based upon a person’s ability to communicate and interact with people on a very down-to-earth way that touches them emotionally and are able to either inspire or motivate them.</strong><strong> </strong><strong>The Charismatic Leader gathers followers through his very unique form of personality and charm, rather than using any form of external power or authority.</strong></p>
<p>Charm and grace are all that is needed to create followers while self-belief and confidence are the fundamentals of a leader with charisma. People will often follow others that they personally admire.</p>
<p>It&#8217;s difficult to identify the characteristics of a Charismatic Leader, but all of them are able to communicate on a very powerful emotional level that can touch people emotionally.</p>
<p>Many politicians use their charismatic style to gather a large number of followers with their speeches and their hearts winning methods to interact with others to become their supporters.</p>
<p>Developing the charisma is not easy, but having charisma alone is not enough to become a Charismatic Leader. One has to develop other abilities in order to lead effectively, and there are significant evidences to indicate that it simply is not necessary to have this elusive charisma to lead others well.</p>
<p>Charismatic Leaders, whether it is political or in business, will often focus strongly on making their group very clear and distinct of their goals. They will then build the image of the group, in particular in the minds of their followers, as being far superior to all others.</p>
<p>The Charismatic Leader will typically attach themselves firmly to the identity of their group, and to join their group is to become one with the leader. In doing so, they create an unchallengeable position for themselves.</p>
<p>The values of the Charismatic Leader are very important. If he is well-intentioned towards others, he can elevate and transform an entire group. But if he is selfish and greedy, he can create cults and are able to effectively rape the minds and souls of his followers to perform acts that will only be beneficial to him alone.</p>
<p>Their self-belief can be very high and believed that they are infallible or invincible, and hence leading them into an abyss, even when they have received adequate warning from others.</p>
<p>Charisma is a special quality that people possess that serves as a magnet, of sorts, but it is really made up of many traits. Another important element is self-confidence. People who appear confident instill confidence in those around them.</p>
<p>Charisma compounds a leader&#8217;s influence that is able to deliver inspiring passion and energizing their group. They can draw out their best in their people, give the best of themselves, and find the greatest fulfillment.</p>
<p>Charisma is about substance. It&#8217;s not an energy that can be manipulated or a magical gift endowed upon a selected few. Rather, it&#8217;s an attractive blend of learnable qualities.</p>
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		<title>Another New Year But Same Resolution?</title>
		<link>http://ronaldtalk.wordpress.com/2010/01/18/another-new-year-but-same-resolution/</link>
		<comments>http://ronaldtalk.wordpress.com/2010/01/18/another-new-year-but-same-resolution/#comments</comments>
		<pubDate>Mon, 18 Jan 2010 16:18:36 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Attitude]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Inspirational]]></category>
		<category><![CDATA[Leadership]]></category>
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		<guid isPermaLink="false">http://ronaldtalk.wordpress.com/?p=885</guid>
		<description><![CDATA[Have you ever notice that every beginning of a year, you are making the same resolution that you make every year? The goals that you have set in the beginning of the year seem to be slipping away and you will renew your same goals when a New Year approaches. Many of us thought that [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=885&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><strong>Have you ever notice that every beginning of a year, you are making the same resolution that you make every year? The goals that you have set in the beginning of the year seem to be slipping away and you will renew your same goals when a New Year approaches.</strong></p>
<p>Many of us thought that a goal is the most important ingredient for success, and that your success or failures are solely based on the power of your goal setting. The problem is not in your goals, it is your execution. Your goals will never fail you; you fail to achieve them, mostly due to poor implementations.</p>
<p>You don’t usually feel frustrated because you failed to develop any good idea, but rather feel frustrated by your inability to follow through and execute your plans, even after committing to do so.</p>
<p>Success is only  10 percent vision but requires 90 percent perspiration. You’ll have to plan your goals, execute your plans and stay focus until completion no matter what happens along the way.</p>
<p>Any goal for that matter; be it in business or in sports. Look at Bill Gates and Tiger Woods, there are both champions in their field. Was it their vision of becoming somebody that made them great or their willingness to execute their plans made them great? Many others too had great visions, but did not succeed simply because either they did not have a plan or failed to execute their plan.</p>
<p>If you want to achieve your goals, you’ll have to master the art of execution, because the execution of your plan is what transforms your dream into reality.</p>
<ol>
<li>Focus on doing the      things necessary for achieving your goals. Prioritize those activities with      high payoff.</li>
<li>Give yourself deadlines.      No deadlines are  symptoms of poor execution and lack of discipline.</li>
<li>Associates yourself      with people who have expertise, well-trained, experienced people who knows      how to get a job done effectively.</li>
<li>Be conscious of      everything you do, and take note of which are the tasks that takes you      closer to achieving your goal.</li>
</ol>
<p>Your success will depend on your willingness to plan and execute your plan until your goals are achieved. Start improving on your execution now and you&#8217;ll be sure to be on your way to success.</p>
<p><strong>Happy New Year and all your dreams will come true if you keep on doing what you are doing, just stay focus. Do not listen to what others may have to say but listen to your heart instead and follow your intuition. May you have a fruitful year and be well and happy.</strong></p>
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		<title>Trading Forex Using Price Action Behaviour</title>
		<link>http://ronaldtalk.wordpress.com/2009/08/30/trading-forex-using-price-action-behaviour/</link>
		<comments>http://ronaldtalk.wordpress.com/2009/08/30/trading-forex-using-price-action-behaviour/#comments</comments>
		<pubDate>Sun, 30 Aug 2009 03:29:54 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Forex]]></category>
		<category><![CDATA[Investing Basics]]></category>
		<category><![CDATA[Stratergies]]></category>
		<category><![CDATA[Technical Analysis]]></category>
		<category><![CDATA[Trading Tools]]></category>
		<category><![CDATA[Indicators]]></category>
		<category><![CDATA[Price Action]]></category>
		<category><![CDATA[Techincal]]></category>
		<category><![CDATA[Trading]]></category>

		<guid isPermaLink="false">http://streetsmartoptions.com/?p=849</guid>
		<description><![CDATA[Forex trading has become very popular in the last few years with so many so-called Forex gurus that have come out from nowhere capitalizing on the popularity of Forex trading. They are promoting get-rich-quick money making Forex seminars. Does what they teach really work? If so what is the success rate? Many of them only [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=849&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><b>Forex trading has become very popular in the last few years with so many so-called Forex gurus that have come out from nowhere capitalizing on the popularity of Forex trading. They are promoting get-rich-quick money making Forex seminars. Does what they teach really work? If so what is the success rate? Many of them only teach, they don’t even trade themselves. This is the reason why so many find it difficult is it to achieve success in the Forex trading. Many Forex traders wannabes have learn the wrong applications for Forex trading.</b></p>
<p>Most stock turn Forex traders simply drop the idea of making money from the Forex market after burning a few holes in their pocket. So how many traders can really achieve consistent profitable results trading the Forex market? Unfortunately only a few of these traders can achieve this goal.</p>
<p>Trading Forex is very different from trading stocks. After six months of Forex research, I have discovered that most of the technical stuff that I have learn in stock trading when applied into Forex doesn’t really work. This is the main reason most Forex traders lose money. They focus in the wrong information to make their trading decisions and totally forget about the most important factor: Price action behaviour.</p>
<p>Most trading systems are made off some combination of technical indicators.&nbsp; Usually it is a moving average crossover or bands combine with one or two overbought/oversold oscillators. But these technical indicators are made up of a series of data points plotted in a chart that are derived from past prices applied to a mathematical formula of any given currency pair.&nbsp; In other words, it is a chart of data plotted in a different way that helps us see the future direction of the price.</p>
<p>There is an important implication on this definition of technical indicators. The fact that the readings obtained from them are based on price action. Take for instance a long MA crossover signal, the price has gone up enough to make the short period MA crossover the long period MA generating a long signal. Most traders see it as “the MA crossover made the price go up,” but it happened the other way around, the MA crossover signal occurred because the price went up.</p>
<p>Now you can understand that price behaviour dictates how an indicator will act, and this should be taken into consideration on any trading decision made in trading Forex because it is a very dynamic market and the price changes and react much quicker that any other financial instruments as all Forex traders trade from the screen. Don’t you think that you should trade following the price action movements?</p>
<p>Trading decisions based on technical indicators alone without taking price action into consideration will give you less accuracy. A long signal generated by a MA crossover as the market approaches an important resistance level but if the price suddenly starts to bounce back off that important level there is no point on taking this signal because price action is telling you the market doesn’t want to go up.&nbsp; Most of the time, under this circumstances, the market will continue to fall down, disregarding the MA crossover.</p>
<p>Technical indicators can help you see certain conditions that are difficult to see by watching pure price action but when it comes to pulling the trigger, price action incorporation into your Forex trading system will definitely put the odds in your favour as it will generate higher probability trades.</p>
<p>Incorporate price action into your Forex trading system and only take long signals if the price behaviour tells you the market wants to go up, and short signals if the market gives you an indication that it is going down. Most importantly, you need to have the discipline to follow your Forex trading system rigorously. Try it and you will see a total change in your Forex trading results.</p>
<p><b>“I&#8217;ve arrived at this outermost edge of my life by my own actions. Where I am is thoroughly unacceptable. Therefore, I must stop doing what I&#8217;ve been doing.” &#8211; Alice Koller</b></p>
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		<title>Switching Over To Trading Forex</title>
		<link>http://ronaldtalk.wordpress.com/2009/08/03/switching-over-to-trading-forex/</link>
		<comments>http://ronaldtalk.wordpress.com/2009/08/03/switching-over-to-trading-forex/#comments</comments>
		<pubDate>Mon, 03 Aug 2009 11:30:47 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Business & Finance]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[Investing Basics]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[Technical Analysis]]></category>
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		<category><![CDATA[Trading Traps]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Risks]]></category>
		<category><![CDATA[Trading]]></category>

		<guid isPermaLink="false">http://streetsmartoptions.com/?p=846</guid>
		<description><![CDATA[There are many former stock, options and futures trader crossing over to trade in the forex markets. Majority including myself have discovered that technical analysis works exceptionally well in the forex markets and wanted to put all the technical know-how to reap the benefits of trading in the forex market. Why does technical analysis work [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=846&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><strong>There are many former stock, options and futures trader crossing over to trade in the forex markets. Majority including myself have discovered that technical analysis works exceptionally well in the forex markets and wanted to put all the technical know-how to reap the benefits of trading in the forex market. Why does technical analysis work so well in the forex market?</strong></p>
<p>When we trade currencies, we are trading the economies of the country and the fundamentals of an individual country’s economy change much more slowly than the fundamentals of an individual company. If the stock of a company is weak, there are many options that can be taken to make the company turn around quickly but not in the case of the economy of a country which is much more complicated and takes a much longer time.</p>
<p>Because of this, the repetition of the technical patterns is more likely to occur on the chart of a currency pair than on a company’s stock chart. It’s also the reason why trends can be seen for months maybe even years in the currency charts. Another reason is that the forex market doesn’t have exchanges and everyone trade from a computer screen and when everyone sees a trend and act on it, it pushes the price further and thus becomes a self-fulfilling prophecy.</p>
<p>Becoming a forex trader is not an instant process, what you have learn before in trading stocks, might work or might not work when you try using it to trade forex. I too, like many other experience stock traders started out thinking that it is the same but to my surprise I have found that it is a total new experience when trading forex. This has come about after months of trial-and-error experimentations of forex trades.</p>
<p>Beginners who started out trading forex as their first trading endeavour don’t know what they are dealing with. They do not even know what they need to know. Trades are put on without a plan, and even if they win, the winning trades occurs at random and don’t seem repeatable.</p>
<p>The beginner forex trader experiences the excitement of the forex markets but doesn’t leverage his knowledge and it is dangerous to win in the very beginning. At this early stage, the exposure to quick and large winnings can usually lead to a wipe out of the trader’s account within the first month of trading.</p>
<p>If the beginner doesn’t give up, it will usually lead him to the discovery of indicators and technical analysis. At this stage, the trader will tends to use too many indicators which will result in confusion in his trading. Another habit will surface is that the trader overtrades due to the desire to put on trades as often as possible as he sees opportunities frequently using too many indicators.</p>
<p>A competent forex trader usually has develop the ability to let the market come to him and not chasing after it. This is achieved when knowledge and experience combine when the trader has sharpened his weapon and has acquired wisdom in the forex markets.</p>
<p>Competence is the ability to apply trading knowledge with consistent profitable trades. Therefore, the purpose of technical analysis is to help the trader to take on a trade that offers a high probable profit within acceptable levels of risk. The process of becoming competent in forex trading started with understanding what move the currencies prices. These are common concerns of traders who want to experience the advantages of forex trading but are reluctant to unlearn and learn what is necessary to succeed in trading currencies.</p>
<p><strong>“Learning without thought is labor lost; thought without learning is perilous.” &#8211; </strong><strong>Confucius</strong></p>
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		<title>Currency Trading – The FOREX Market</title>
		<link>http://ronaldtalk.wordpress.com/2009/07/15/currency-trading-%e2%80%93-the-forex-market/</link>
		<comments>http://ronaldtalk.wordpress.com/2009/07/15/currency-trading-%e2%80%93-the-forex-market/#comments</comments>
		<pubDate>Wed, 15 Jul 2009 05:20:59 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Business & Finance]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[Investing Basics]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Leverage]]></category>
		<category><![CDATA[Trading]]></category>

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		<description><![CDATA[Lately over the past few years, the has been an increasing popularity in currency trading, commonly known as Forex which offers a completely different investment asset class that offers leverage and virtually unrestricted access 24 hours a day. Forex trades virtually around the clock from the Asian market open on 7 am Morning until the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=844&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><strong>Lately over the past few years, the has been an increasing popularity in currency trading, commonly known as Forex which offers a completely different investment asset class that offers leverage and virtually unrestricted access 24 hours a day.</strong></p>
<p>Forex trades virtually around the clock from the Asian market open on 7 am Morning until the U.S. market close on Saturday 5 am, Malaysian time, making it the attraction for there is this constant access to make a trade.</p>
<p>In every transaction, a forex trader trades the currencies in pairs for example, if you have purchased euro and sold U.S. dollars, it would be stated as a euro/dollar pair. Long one currency and short the other. A position is expressed in terms of the first currency in the pair.</p>
<p>With a volume of over $2.5 trillion daily, the Foreign Exchange market is the largest and most liquid financial market in the world—more than three times the aggregate amount of the U.S. equity and Treasury markets combined. This means that a trader can enter or exit the market at will in almost any market condition with minimal execution risk. Due to the sheer size of liquidity, a continuous supply-and-demand driven product, and the accessibility of trading make many professional traders consider the forex market like a bank’s ATM.</p>
<p>The forex market is so vast and has so many participants that no single entity, not even a central bank, can control the market price for an extended period of time. Unlike other financial markets, the forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations, and individuals, trading one currency for another. The lack of a physical exchange enables the forex market to operate on a 24-hour basis, spanning from one zone to another across the major financial centers.</p>
<p>When you buy a stock, an option, a bond or a mutual fund, you are charged a commission. In the Forex market, you do not have to pay a commission. You pay what you see. The broker earns the difference between the buy-ask spread.</p>
<p><strong> </strong></p>
<p>The Forex market allows you to trade in very high leverage up to 1:400 which allows you can to control $100,000 with as little as $250. This means that you can make your money work harder for you in the Forex market than it can anywhere else. Imagine the money you can make, however this high leverage, you can lose even more if the trade goes against you.</p>
<p>Increased leverage is also the point that many people say that investing in the Forex market is risky. Granted, this amount of leverage may seem aggressive, but the Forex market gives you the perfect antidote for the risks associated with increased leverage, that is guaranteed stops.</p>
<p>In the Forex market, you have the ability to determine at exactly what price you would like to enter a trade and at exactly which price you would like to exit and these prices are guaranteed.</p>
<p>Guaranteed stops allow you to specify exactly how much you are willing to risk which you can’t have in the stock or options market. Sure, you can enter a stop order to take you out of a trade if the stock starts to move against you, but there is no guarantee that you will be out at the specified price. In the Forex market, you have guaranteed stops under normal market conditions.</p>
<p><strong>“If all the rich people in the world divided up their money among themselves there wouldn&#8217;t be enough to go around.” </strong>- <strong>Christina Stead</strong>, <em>House of All Nations (1938)</em></p>
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		<title>The Importance Of A Money Management System In Trading</title>
		<link>http://ronaldtalk.wordpress.com/2009/06/02/the-importance-of-a-money-management-system-in-trading/</link>
		<comments>http://ronaldtalk.wordpress.com/2009/06/02/the-importance-of-a-money-management-system-in-trading/#comments</comments>
		<pubDate>Tue, 02 Jun 2009 07:08:20 +0000</pubDate>
		<dc:creator>Ronald Lee</dc:creator>
				<category><![CDATA[Business & Finance]]></category>
		<category><![CDATA[Investing Basics]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[Trading Psychology]]></category>
		<category><![CDATA[Trading Traps]]></category>
		<category><![CDATA[Ego]]></category>
		<category><![CDATA[Emotions]]></category>
		<category><![CDATA[money management]]></category>
		<category><![CDATA[Risk]]></category>
		<category><![CDATA[Success]]></category>
		<category><![CDATA[Trading]]></category>

		<guid isPermaLink="false">http://streetsmartoptions.com/?p=842</guid>
		<description><![CDATA[After trading for quite awhile, any trader would agree that the greatest challenge is to finally come to the point where he sincerely agrees to that it is vital to have a sound money management system to achieve success in their trading. However, it is a stumbling block for a great number of traders, since [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ronaldtalk.wordpress.com&amp;blog=11464847&amp;post=842&amp;subd=ronaldtalk&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>After trading for quite awhile, any trader would agree that the greatest challenge is to finally come to the point where he sincerely agrees to that it is vital to have a sound money management system to achieve success in their trading.</p>
<p>However, it is a stumbling block for a great number of traders, since most individuals trading in the markets today just don&#8217;t believe that money management is of utmost importance.</p>
<p>A trader may be analyzing the crucial and latest fundamentals or using the most advance technical software; most traders believe that these are the most important and should take top priority over everything else.</p>
<p>They just think that money management isn&#8217;t just as important, thinking that the worst will never happen to them and they are smarter than most of the other traders and would never lose that much money.</p>
<p>They obviously think that they are not that stupid and their analysis are flawless. Truthfully, to satisfy one ego&#8217;s need for feeling brilliant, it&#8217;s all a matter of probabilities and has nothing to do with being smart.</p>
<p>Bad things can happen to anyone especially in the markets, it is volatile and unpredictable simply because it is driven purely by emotions. The forces of the markets can overcome even the most experienced traders. Just like the Tsunami, you may see it coming but you can&#8217;t get out of the way in time.</p>
<p>The 1929 and 1987 market crashes, the many housing bubbles, September 11, the dot com bubble of 2000, the recent financial crisis and the list will go on for there will be more to come.</p>
<p>Some situations are worst than others, and it is that unpredictable nature of the markets, that sound risk management can help you to stay in the markets for a longer period of time. Try to omit this and you&#8217;ll blow up your account before you can even complete your learning curve.</p>
<p>It is all about probabilities and making sure the edge is on your side and it is working for you and not against you. A simple stop-loss can save you from an emotional shock and devastation, which works just like a safety net preventing you from losing it all and you can always reposition yourself and be in control again.</p>
<p>Basically, a money management system is a part of running a business, and you must understand the need for it. You will definitely take on a greater meaning and value in achieving success in your trading.</p>
<p><strong>&#8220;The safest way to double your money is to fold it over and put it in your pocket.&#8221; &#8211; Kin Hubbard </strong><em>(1868 &#8211; 1930)</em><strong></strong></p>
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