Understanding Forex Trading Forex Account Managers

Understanding Forex Trading – Forex Account Managers

by

Shawn James

A Forex account manager is a professional trader who trades on behalf of the owner of a Forex account for a salary or a percentage share of the profits. A Forex account manager is usually given authorization by the account owner to place trades in his or her trading account without his or her intervention. It is of essence to note that the permissions of the account manager are restricted to trading only. The account manager is not authorized to deposit any extra capital to the account or make withdrawals from the account.

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Not every trader can qualify to be a Forex account manager. It needs a lot of experience in the operations of the Forex market to qualify for this role. Importantly, an account manager should practice the right money management rules and proper risk level when trading currencies. Therefore, it is essential that you do not entrust your money with anyone that brags of huge profits on a Forex managed account history. This is because most of the so-called Forex account managers are fraudsters who post fake two or three months trading history when they were realizing huge profits because they were trading with high risk and they were not practicing proper money management. In addition, because of the dynamic nature of the Forex market, past results are usually not indicative of future results. This is the hard reality of Forex trading. Thus, you should not throw your hard-earned cash to any Forex account manager you find promoting his or her services with flashy banners. Beware! Most people prefer to entrust their accounts to Forex account managers because they lack the experience and the necessary skills to invest in the Forex market. Other people claim that they are prone to emotional extremes and thus they like to entrust their funds with an account manager in order to overcome this problem. Inadequate time to study and analyze the conditions of the market is another reason why some people opt for account managers. However, the problem with these viewpoints is that they rob someone the priceless knowledge and experience gained by studying how to trade currencies. Most people do not like educating themselves on how the Forex market works and they end up entrusting their hard-earned cash to account managers who blow their accounts in a matter of days. In the end, the only way of succeeding in the business of trading currencies is to be knowledgeable, develop a profitable strategy through adequate practice, and maintain discipline regardless of the market conditions.

Shawn James has 7 years experience in the Financial Markets, for PRO Investment Bank as an Investment Analyst, before becoming a independent

financial blog

writer.

If you have more Forex questions

please feel free to visit ASK-FX.

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Understanding Forex Trading – Forex Account Managers

Apes and birds are able to plan ahead: psychologists

Friday, May 19, 2006

According to psychologists in Leipzig, Germany, apes and some birds are able to plan their actions ahead of time.

Psychologists Nicholas Mulcahy and Josep Call at Max Planck Institute for Evolutionary Anthropology say that apes are able to save tools to use at a later time, that will assist them in retrieving food.

The results of the testing are “groundbreaking” and is “a starting point from which we can begin to reconstruct the evolution of the human mind. Apes and jays can also anticipate future needs by remembering past events, contradicting the notion that such cognitive behavior only emerged in hominids,” said Thomas Suddendorf, a psychologist at the University of Queensland Brisbane, Australia.

One aspect of the study is that “our extraordinary abilities of planning for the future did not evolve entirely de novo. Planning for future needs is not uniquely human,” added Suddendorf.

An experiment was performed using bonobos and orangutans. The psychologists placed the apes alone in a room for five minutes. Each of them had a choice of two tools that would allow them to retrieve food and six that would not. The apes were allowed to look at and observe the tools; however, they were not allowed to handle them.

The apes were then taken to a room next door, allowed to take whatever tools they chose, and left alone in the room for at least one hour, while a researcher removed all other tools from the first room. The apes then returned to the first room (where the food was), but the food was not accessible unless they had the right tool to retrieve it.

After repeating the same test several times with each ape, researchers began to see that most apes would begin to use the right tool for the job. Researchers also received similar results even when the apes were left alone in a room overnight where they would sleep.

To make sure that the apes were not associating the tools with the food, they removed the food from the room, but would still give it to the apes if they used the right tool to retrieve it. After this change, most of them did not bring the proper tools, which researchers say confirm that the retrieval is a way of planning for the job.

In experiments using scrub jays (found mostly in the western United States), at the University of Cambridge in the United Kingdom, psychologists have shown that the birds, who usually hide their food to eat later, will hide it again if an enemy bird saw them do it the first time, unless the bird is dominant. The subordinate jay could however, fight the other for the food.

“These results suggest scrub jays remember who observed them make specific caches,” said Joanna Dally who was involved in the study with the scrub jays.

“Together with recent evidence from scrub jays, our results suggest that future planning is not a uniquely human ability, thus contradicting the notion that it emerged in hominids only with the past 2.5 to 1.6 million years,” said Mulcahy and Call in the study.

A Brief Guide To Custom Wood Kitchen Cabinets

byadmin

It is important to choose wisely when selecting cabinets and hardware. The right choice in custom wood kitchen cabinets or even ready-to-assemble packages will not only make your kitchen look amazing, it will also ensure that your investment is protected by choosing a product that is durable and crafted from high quality materials.

Use this handy guide to learn more about the latest features and options in wood cabinets prior to starting your kitchen design. Taking care to choose products that not only suit your needs, but also fit your budget can put you in the kitchen of your dreams in record time.

Depending on how each cabinet is constructed, and what degree of customization is available, cabinets will fall into three basic categories:

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a.) Stock Cabinetsb.) Semi-Custom Cabinetsc.) Custom Wood Kitchen Cabinets

The category the cabinet falls into does not necessarily depict the quality of the product.

Stock Cabinets

These types of cabinets are the most budget friendly. They can be found in a large number of styles, colors, designs and widths. These cabinets are most often purchased online, direct from the manufacturer or in home improvement stores. Stock cabinets range in price from $60 to $200 per linear foot.

Keep in mind – Since stock cabinets come pre-assembled and are built in mass quantities, it is not possible to find them in specialized sizes. Filler strips can be used to fill in gaps between an appliance and a cabinet, however, that is about as much customization as you will find.

Semi-Custom Cabinets

This variety of cabinetry is constructed after the final order has been placed. This means that they are available in a wider variety of styles, materials and colors than basic stock cabinets. They can easily be made with storage units, accessories and hardware like lazy Susans and run in price from $100 to $650 per linear foot.

Custom Wood Kitchen Cabinets

These cabinets are built-to-order and can be made from any material (hardwood, maple, cherry, oak, etc.) in any shape, size, color, finish or configuration that can be thought up. Custom cabinets are not cheap and can range in cost from $500 to $1200+ per linear foot.

Custom cabinets are chosen by designers for their ability to integrate into any unique, high end environment. They are made from the finest materials and often come with lifetime guarantees.

President Bush may veto amendment that bans detainee mistreatment

Saturday, October 8, 2005

The first veto of United States President George W. Bush’s presidency may be used to block an amendment that bans torture and mistreatment of detainees, proposed by two Republican senators. The White House sent a “statement of administration policy” to the Senate declaring strong opposition to the legislation, alleging that it would tie the nation’s hands in the “War on Terrorism”. The statement said that if the bill’s final version contained the anti-torture terms, then “the president’s senior advisers would recommend that he veto the bill.”

The amendment, an addition to the $440 billion dollar military spending bill, proposed by senators John McCain and Lindsey Graham, would establish the Army Field Manual as the uniform standard for the interrogation of Department of Defense detainees and secondly prohibit cruel, inhuman, and degrading treatment of persons detained by the U.S. government.[1]

The legislation comes in the wake of the Abu Ghraib prison abuse scandal and allegations of Human Rights Watch, which, in a recent report, accused soldiers of the U.S. Army’s 82nd Airborne Division of “systematically torturing Iraqi detainees”. The report was critizised by a Department of Defense spokesman as using “distortions and errors in fact.”

The amendment received 90 votes in support, and 9 votes against in the Senate. Former Secretary of State Colin Powell, as well as 28 other retired senior military officers, also endorsed it.

General Powell said in a letter to McCain: “Our troops need to hear from the Congress, which has an obligation to speak to such matters. I also believe the world will note that America is making a clear statement with respect to the expected future behavior of our soldiers.” Powell said the Senate action “will help deal with the terrible public diplomacy crisis created by Abu Ghraib.”

McCain, a one-time P.O.W. during his military service in the Vietnam War, said after the vote that the White House should not be working against him on this issue: “We think it would be very helpful because it would send a message to the world that the United States of America does not engage in torture. We will not treat people inhumanely. We will adhere to treaties that we are signatories to, and the men and women who do the interrogating will have clear instructions as to how to conduct interrogations.”

Senate Majority Leader Bill Frist, who later voted for the bill, and White House lobbyists led the unsuccessful opposition to the amendment and senator Ted Stevens had argued that the amendment would prevent “our people from taking the leadership. (sic)”

Social Security Trust Fund Crisis Is A Myth

byadmin

Recently, the Social Security and Medicare Trustees presented their annual report at the Treasury Department in Washington which offered forecasts for the health of the government’s two largest benefits programs, including Social Security and Medicare. In that conference, it was noted that Social Security is laboring under the weight of retiring baby boomers and revenue shortfalls.

Social Security is split into two funds — one for retirement and survivor benefits, and one for disability. Some analysts suggest that the retirement fund is projected to run out of money in 2035 while the disability fund is projected to run dry in 2016. Combined, the two funds will last until 2033.

It should be noted that the rise in Social Security claims has been anticipated for years, would meet the current and future demands of the Disability Trust Fund.

In addition, the Trustees project that Social Security benefits will increase next year, though the increase could be small. They project a cost-of-living-adjustment, or COLA, of 1.8 percent for 2013; the actual amount won’t be known until percent increase this year, the first after two years without one.

The reality is that Social Security’s retirement and disability programs currently have funds sufficient to cover benefits for the next 20 years and our government is quite functional in the operation of these programs. Millions of people regularly receive the benefits they’ve been promised through systems and processes that have very modest administrative costs.

The Trustees of the Social Security and Medicare Trust Funds’ annual report on the financial status of these entitlement programs noted that Social Security is 100% solvent until 2033, and until that point, Congress has an opportunity to take action to supplement the reserves. These annual reports have been published for decades, and are generally recognized as the most credible, unbiased, and objective assessment of the financial health of these programs.

Pundants and observers have offered many likely remedies, should there be any sort of anticipated shortfall including the possibility of simply abolishing the current trust fund model, and paying for promised benefits by allocating appropriate government budgetary funds . Just as the government finances other promised benefits, like pensions and healthcare for retired government workers and military retirees, the government could also budget for social security disability benefits.

Canada’s Scarborough East (Ward 43) city council candidates speak

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Saturday, November 4, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Scarborough East (Ward 43). One candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Paul Ainslie, Amarjeet Chhabra, Mujeeb Khan, Glenn Kitchen, John Laforet, Abdul Patel, Jim Robb, and Kumar Sethi.

For more information on the election, read Toronto municipal election, 2006.

NYSE to merge with Archipelago; NASDAQ to buy Instinet

Sunday, April 24, 2005

New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive agreement to purchase Instinet Group.

Archipelago and Instinet are innovative e-trading (electronic trading) companies, and formerly were the two largest American rivals to NYSE and NASDAQ, in recent years taking increasingly large portions of their market share. The Securities and Exchange Commission (SEC) and other regulatory agencies still have to review and approve the transactions, particularly with respect to US securities law and antitrust law, in order to ensure that the marketplace remains lawful and competitive.

Other pending issues for NASDAQ include obtaining the approval of Instinet shareholders, as well as customary closing conditions. NYSE must obtain the approval of its members and Archipelago shareholders.

These changes, a reaction to increased e-trading competition and a changed regulatory environment, will result in NASDAQ and NYSE trading each other’s shares and attempting to grab market share, which many hope will drive down transaction costs and ultimately benefit consumers. However, at least one commentator, Dan Ackman writing in Forbes, has noted that the trading commission at the NYSE currently averages less than a nickel (US$0.05) per share, and was less enthusiastic about potential efficiency gains from electronic trading at the exchange.

The transactions are also intended to make the two leading American stock exchanges more globally competitive with such exchanges as the London Stock Exchange, the Frankfurt Stock Exchange, the Toronto Stock Exchange, and the Australian Stock Exchange located in Sydney.

Toothpaste fills cavities without drilling

Thursday, February 24, 2005

A paste containing synthetic tooth enamel can seal small cavities without drilling. Kazue Yamagishi and colleagues at the FAP Dental Institute in Tokyo say that the paste can repair small cavities in 15 minutes.

Currently, fillers don’t stick to such small cavities so dentists must drill bigger holes. Hydroxyapatite crystals, of which natural enamel is made, bond with teeth to repair tiny areas of damage.

Yamagishi and colleagues have tested their paste on a lower premolar tooth that showed early signs of decay. They found that the synthetic enamel merged with the natural enamel. The synthetic enamel also appears to make teeth stronger which will improve resistance to future decay. As with drilling, however, there is still the potential for pain: The paste is strongly acidic to encourage crystal growth and causes inflammation if it touches the gums.

The paste is reported in the journal Nature.

Breast Augmentation Latest Techniques}

Submitted by: Anne C. Smith

Based on the American Society of Plastic Surgeons (ASPS) statistics, breast surgery remains to be among the top procedures being requested. They had a total of 290,274 cases in 2013. This reflects a 37% increase since 2000. However, despite the continuously increasing demand, women are still looking for better ways on how to achieve breast enhancement. Experts are also looking into how this can be delivered, resulting in some new techniques made available at present. Let’s take a look if there is something here that would interest you.

In 2013, it is the Allergan’s Natrelle 410 and Mentor’s Contour Profile Gel. These are form-stable shaped breast implants, more popularly known as the gummy bear implant, that have been making news. A lot of surgeons consider it to be a superior form of implant because of its firm composition. Instead of the more viscous silicone, this type takes on a more solid form, just like a gummy bear.

For 2014, another breed of implant is expected to take the reigns with the anticipated FDA approval of the IDEAL IMPLANT. It is said that this implant will bring patients a new hybrid design as it combines the natural outcome that is provided by silicone gel, while at the same time, giving you the safety of a saline implant.

Ideal Implant

This type of implant is designed to have internal chambers that allow the saline solution inside to flow more evenly even as you move. This type of structure lessens the wrinkling and rippling, which is one of the major concerns that women have with their saline implants. It is actually the first improvement that is done on the basic saline implant according to its inventor, plastic surgeon Dr. Robert S. Hamas. According to experts, the Ideal Implant looks and feels like a silicone implant even if its actually filled with saline.

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The FDA clinical trial is being conducted in select areas in the US. This gives a limited number of women an opportunity to take part in the study and also to experience this new type of implant. The researchers devised a payment plan which serves as a financial incentive (a lump sum payment fro an independent trust fund) for all the women who will take part in it. It is expected that these study participants complete all their follow-up visits over 10 years time. This gives the FDA enough data to establish its safety and effectiveness.

Vectra 3D Imaging Device

If you are curious how a Kate Upton cup size would look on your figure, you can now visualize it through Vectra 3-D Imaging Device. It allows clients to see their chests inflated photographically. There is also another device that calculates chest dimensions and nipple spacing in order to come up with the perfect cup size and the most flattering silhouette.

Fat Transfer

Today, a lot of women are realizing that they really don’t need to go bigger to achieve dramatic results, but rather all they need are few adjustments for subtle outcomes. This is where fat transfer or fat injections become better options. Fat grafting for breast enhancement has been considered to be an efficient way to make use of extra fats, granted that you have some problem areas such as saddle bags or love handles.

However, the procedure can be invasive because you have to undergo liposuction first to remove these fat grafts. It is either injected directly into your chest, or it could be processed to concentrate the number of stem cells so that it will thrive better with existing adipose tissues. This is a very attractive option because you don’t have to worry about incisions and scars on your breast and it will also create more natural-looking results. It is a hundred percent natural, which means that the materials used is indeed much safe. Aside from being scarless, it also feels very natural and it is even hard to tell that you’ve had something done.

There are some drawbacks to this procedure. It still requires pretty much the same downtime as the typical breast augmentation surgery because you also have to recover from the liposuction process. Another is that only 50-60% of the fat remains after 6 months because the rest is metabolized by the body. That would mean half to a full cup size.

There is indeed a lot of innovations available for implants today. In fact, in a Marie Claire article, a certain Dr. Grant Stevens plastic surgeon in Marina del Ray, California, said that, Outside the US, implants with more shape options are already in use. He shares that he even saw implants made specifically for the left or right side of the chest.

While some are in its trial stages, or awaiting approval, some remain to be a futuristic goal like stem cell injections for example. With all these improvements, one can be hopeful that the overall aesthetic results of breast implants will be further improved.

About the Author: Anne Smith writes for

esteemstudio.com.au

– a cosmetic clinic specializing on various aesthetics and cosmetic procedures including breast implants in Brisbane, Canberra and Sydney.

Source:

isnare.com

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Wikinews interviews a Restore the Fourth organizer

Wednesday, July 3, 2013

A grassroots movement known as Restore the Fourth, dedicated to the protection of the 4th Amendment to the US Constitution, are to hold protests countrywide on July 4. The planned protests come in the wake of information about NSA surveillance leaked last month, notably the PRISM surveillance program and the collection of Verizon phone records. Wikinews interviewed Jett, a national organizer from this recently created movement.

((Wikinews)) First of all, could you explain what Restore the Fourth is all about?

Jett: At its core, RestoreTheFourth is about protecting citizens’ constitutional rights. Specifically, we’re dedicated to bringing awareness and action to the expanding overreach and elimination of the 4th Amendment to the US Constitution.

((WN)) What is your role at Restore the Fourth?

Jett: My job at RestoreTheFourth could be summarized as ‘project coordinator’. Every person who wants to help can help in a tremendous way. I simply make sure that their skills get used in a way that would be most beneficial to the movement: web development, public relations, etc. I also field questions from the press and promote knowledge of our cause.

((WN)) What are your plans for direct action, outreach, etc.?

Jett: Our press release includes a list of ‘demands’ for what we want to see in order to restore our privacy rights, including reform of the PATRIOT Act and increased accountability for public officials. In the very short term, these protests and demonstrations bring awareness to the issue, something that’s really important in enacting reform. In the long term, however, we expect to create a legal organization dedicated to restoring these rights inherent to every American. By partnering with various other organizations that share our moral values, we can further these goals.
On July 4, we will have over 100 protests in all 50 states, showing that the citizens of America are truly serious about protecting their rights.

((WN)) By what means do you hope to achieve such change?

Jett: This movement started only a few weeks ago, and since then we’ve experienced exponential growth and progress. Since the movement is still very young, plans diverge in the long term on what we hope to achieve. Personally, I’d like to see a combination of legislative and litigative action (something like what the ACLU does), and others want to see further plans of action. With organizations such as the BORDC, stopwatching.us and the EFF behind us, I feel that we can achieve all of this and much more.
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What do you think is the right balance between surveillance and privacy?
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((WN)) Is the movement US-only or will it extend to other jurisdictions as well? Do you think it would be fair for the US to spy on non-citizens?

Jett: I believe that rights are inherent to all humans, not only United States citizens. In the long term I’d certainly like to see people of all nations protected from the slow elimination of privacy that we’re all experiencing.
He’s [Edward Snowden] being treated as a ‘martyr’ of sorts. It seems to distract from what he truly believed in.

((WN)) What do you think about Edward Snowden’s whistleblowing?

Jett: I think that too much attention is being given to his personality instead of what he fought for. He’s being treated as a ‘martyr’ of sorts. It seems to distract from what he truly believed in — transparency for the government and inherent privacy for all Americans.

((WN)) What do you think about his future, given the legal grey zone in which he currently is?

Jett: Hard to say. He may be captured by any number of agencies, or he may live a free man. Whatever happens, he has the eyes of millions of people on him, all of whom will yell very loudly if anything occurs.

((WN)) Thank you very much for your time.

Jett: Thanks for the opportunity.
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