Wednesday, February 24, 2010

Make Money with No Stop Currency Trading

Hedged, No Stop, Forex Grid system trading (“the No Stop system”) is one of the most misunderstood techniques in forex trading. I am going to describe the No Stop system as best I can in the limited space available. There is a series of 7 other articles describing the elements below in greater detail.

There are many hedged systems around and the No Stop system below is one that is being traded profitably.
The No Stop system is an investment technique which creates favourable dollar cost averaging on all transactions entered into. For this reason the technique is too much of a paradigm shift for most conventional traders who like charts, support and resistance and indicators.

It is strictly speaking, it is not a trading technique. It has however become very popular as a trading technique because of the short term gains that can be made.
The No Stop system trades without stops. No stop loss orders are used at all except for when a group of transactions have a positive result and we want to liquidate the entire group of transactions at a net gain. Because the No Stop system cashes in its transactions regularly it becomes a trend following No Stop system too. There is no need for charts when using this No Stop system as we use predetermined price levels to cash in transactions positively (The No Stop system loves price spikes).

Transactions can or should be slow at a rate of about 3 to 4 a week. As price levels are determined well in advance orders can be placed well in advance so the No Stop system takes very little supervision. The technique is highly systematic and can easy be converted into an automatic trading system or expert advisor very easily.

The No Stop system is always in a sell and a buy at the same time and therefore can cash in on any move the market makes. Being in a sell and a buy at the same time also created a hedge. Predetermined cash in levels create a grid of price levels there positive transactions will be cashed in continuously until the group of transactions are profitable.

In simple terms you will enter the market at a particular level with an active bay and a sell. You would have predetermined levels at which you would cash in positive transactions. For instance one could decide to cash in on every 100pip (grid gap) move made in the market. When the price moves 100 pips you would cash in your positive transaction and then enter into another buy and sell transaction at that point. This process will continue until the total for the group of transaction is positive and then you would liquidate. You would then start again – as simple as that. No need for charts. Patience is the biggest virtue required.

Money is made when the price revisits some of the cash in levels over and over and over again (which it does).

In the above example should the price return to the starting level (after moving 100 pips) the group of 4 transactions in total will be positive and you would then cash in the unwanted transactions, bank your profits and start again.

The big danger of this No Stop system is strong trends with no or very few retracements. You will lose money in trends. There are however specific techniques to manage and contain these losses.

The biggest one is to start with a big grid gap. What is a trend on a 5 minute chart could be a small spike on a daily or weekly chart. Grid gaps of between 150 pips and 300 pips have been found to work well.

One could also vary the grid sizes relative to the trend to reduce the number of unhedged transaction. For example have grid gaps of 100, 200, 300 etc.

The other way is to vary the number of lots used when entering into the buy and sell transactions at a particular cash in point to ensure balanced hedging.

Trends tend to scare people away from this technique but if one views this as an investment technique and not a trading technique the trends could have a reduced impact on the annual return on investment. The market only trends 20% of the time any way. Talking about return on investment some current trading groups are showing returns of between 200% p.a. and 1000% p.a. on current investment levels. There are many trading records are available to back this up. The longer you trade this No Stop system the lower your risk and the better your return. That said, you can lose more than just your boots (your whole trading account) if you treat this No Stop system with disrespect.

Success factors for this No Stop system are: - Selecting appropriate grid sizes, currency pairs, lot sizes, cash in times and an investment mentality. All very easy, if you have done it for a few years.

This No Stop system is not for everybody however, and is not the best Forex system since sliced bread, but is does very nicely for some traders, thank you very much. It is important to know about this system as using its principles could help your conventional trading. For freely available information on this No Stop system search the net for “no stop forex trading”


Check out our Stock Trading System

Sunday, February 21, 2010

Hearings aids for home living

There are a number of products which can be purchased to make living at home easier for the hard of hearing. Below are examples of such products.

Wake up alarms
Door lights
Smoke Alarms
Phone signallers

Alarms to wake up the user

It is common practice to remove hearing aids at night prior to sleeping. It may therefore be necessary to have an alarm clock which caters for the heard of hearing. Such alarms use different systems to wake the user including flashing lights, vibration and loud sounds. Depending on the users level of hearing one of the systems may be more suitable than the other. The vibrating system can be placed under the pillow or mattress.

Door Alarms to signal a visitor.

If the user hearing aids are of or turned down then a door alarm will be required. The most common system uses lights to make the user aware of a visitor. Other systems are wireless and use a pager to inform the user that they have a visitor.

Smoke Alarms

Smoke alarms are a very important safety feature that will emit a very loud sound or flashing lights to inform the user of the danger. A single alarm can be connected to several receivers, which can be placed in all the rooms of the house to inform the user wherever they are. Such systems can be installed professionally or purchased in a plug in form.

Telephone Phone Signallers

To inform the user that the telephone is ringing a phone signallers can be installed which operates by a flashing light or very loud ringing. The system is connected to the telephone line and then connecting a light to the signaller, which then flashes when a call is received. Remote systems are also available to transmit the phone signal to other rooms.


Hearing Aid Styles

How To Clean Hearing Aids

Thursday, February 18, 2010

Alcoholics Who Quit Drinking!

There's quite a difference between an active alcoholic and a heavy drinker. Although a heavy drinker may have a problem stopping or moderating, they can still manage it if there is sufficient reason to do so. An alcoholic, on the other hand, rarely takes advice from anyone! Many active alcoholics will continue drinking until they either die of a premature alcohol related illness, or they hit a rock bottom which serves as a wakeup call. The latter are the fortunate ones and these are the alcoholics who quit drinking.

A 'real' alcoholic is the master of justifiable excuses. These rationalizations fool nobody but the one in denial. Self denial is a common trait of many an alcoholic, and is the biggest obstacle in their chance of recovery. Knowledge on the dangers of continued alcohol abuse does little or nothing to influence the behaviour of someone obsessed with and addicted to this mind altering beverage. Just as a nicotine addict continues to smoke despite knowing all the health risks, so an alcoholic continues to drink regardless of the consequences.

Who are the Alcoholics who Quit Drinking?

For the alcoholic, there can be no success without failure, and no recovery without a deterioration in their quality of life. Such a lifestyle has to get the drinker to a point where they become sick and tired of being sick and tired. For the alcoholic, this can mean many things depending on their physical and mental pain threshold. Some will drink themselves onto the streets after burning bridges with friends and family members. They may have no real place to call home, no money, no job, and no prospects of getting gainful employment. In other words, they're living a life of total misery and isolation from society. Sometimes, but not always, these are the alcoholics who manage to reach out for help and eventually quit Drinking.

There are many others who have not lost all those things as in the example above. They still somehow manage to hold onto their partner, their family, their home, their job etc, even though these 'holds' are usually pretty fragile. But despite it all, they simply cannot stop drinking no matter how hard they try.

Their problem may or may not affect their job. It may or may not affect their ability to function during daylight hours. Yet every evening when they return home from work, they hit the bottle so hard that they are nothing short of useless to themselves and those around them. They might want to stop, and they have probably tried on numerous attempts to quit, but find they cannot. These types might appear to function ok on the surface, but they are usually broken individuals on the inside. Sadly, the majority of alcoholics never recover from their malady, and neither do they seek help. They often die a lonely and premature death as a direct result of abusing alcohol over many years.

The fortunate ones are those who suddenly wake up to the severity of their problem and reach out for help before it's too late. There is a lot of support at hand for recovering alcoholics, and addicts of other substances, and so no one needs to go through the pains of healing alone.

Alcoholics who Quit Drinking become better people!

It's a fact that alcoholics who quit drinking and go on to pursue a life of continued sobriety, do become better people as a result of their efforts. Recovery doesn't simply mean putting a plug in the jug and carrying on as normal. There are many underlying issues which need addressing as to why the sufferer became so addicted to the drug alcohol. Active alcoholics are obsessed with drinking to such an extent that their minds become warped to reasoning and logic. Over time, this has them living a life of imbalance and self destruction.

Most alcoholics are unable to quit by their own willpower and so seek the support of a fellowship, or self help group of some description. It's a proven fact that the most successful recovering drunks are those who stay in touch and interact regularly with other recuperating alcoholics. Most come to recognise that the next bender is just a drink away, and the best defence they have against this is to bond with those who are also serious about their long term sobriety.

Alas, only those drunks who want to get sober will ever get well. There are tens of thousands of active alcoholics who need to get dried up, but this 'need' is not reason enough for many. They have to really want it for there to be any chance of an actual recovery, yet wanting sobriety is not on the list of priorities for those fixated with the bottle.

Do you have a Problem with Drinking? Can't stop, won't stop, or don't know how to quit? You're not alone! More folks addicted to the drug alcohol today than ever before. There are solutions. Many including AA or Alternatives to Alcoholics Anonymous Suffering is a choice, not a sentence! Find out more on recovering from addiction at the information site that Guides Folks towards Recovery


Living with an alcoholic is very taxing on the non-drinker because it is so all-consuming and stressful, and wears tremendously on your self esteem. Visit http://www.livingwithanalcoholic.org for some dos and don'ts

Friday, February 12, 2010

How To Accept Credit Cards Without A Merchant Account

To increase sales on your website, you must accept credit cards. To process credit cards, you could apply for a merchant account through your bank or other financial institution.

Sometimes, though, you would be further ahead to use the services of a credit card processor. This is especially true when you are first starting out and have more limited resources. In this way, you may process credit card transactions without the high front-end costs and requirements of a merchant account.

Here, then, are just a few ways of accepting credit cards without a merchant account. I personally use all of these vendors and can recommend them wholeheartedly.

1. Clickbank

If your product is downloadable (such as electronic books or software), you might consider ClickBank.com . For a $49.95 initial fee, you can process credit cards and on-line cheques for $1.00 per transaction plus 7.5% of sales.

You receive additional exposure through free listing on their website and through the search facilities of other websites, such as CBMall.com.

As an added bonus, you have your own built-in affiliate program. You decide what commission (from 1% to 75%) you would like to pay your affiliates.

2. PayPal

PayPal.com has no initial fees. For just 2.9% of sales and $ .30 per transaction (and sometimes less), you can receive money from anyone.

Also, you can pay others by credit card or chequing account without supplying your personal credit information to the payee. PayPal can be used to collect money from your auctions, website sales, or even from friends or clients.

3. PaySystems

In the original edition of this article, I recommended PaySystems.com (also known as MyPaySystems.com). This is what I wrote about them:

"PaySystems.com can handle either intangible (downloadable) or tangible (shippable) products. For an initial fee of $49.00, you can accept all major credit cards as well as online checks. Fees are just 3.95% of sales and $1.00 per transaction. Alternatively, you may pay 5.5% of sales and $ .35 per transaction."

"For this, you receive shopping cart, integration with third-party affiliate programs (such as ClixGalore.com), fraud screening, multi-currency transactions, toll-free support, marketing tools, and more."

Unfortunately, PaySystems.com has discontinued their "Internet Billing Account" for those outside the United States.

4. 2CheckOut

2CheckOut.com can handle both intangible and tangible products. For an initial fee of $49.00, you can accept all major credit cards as well as online checks. Fees are just 5.5% of sales and $0.45 per transaction.

For this, you receive shopping cart, fraud detection, integration with third-party affiliate programs, multi-currency transactions, free on-line support, and more.

Incidentally, 2CheckOut.com has the same policy as ClickBank.com does with regard to sales taxes. Both companies take the position that you are selling your product to them and that they resell it to the final consumer. Thus, they claim that you are not subject to sales taxes on those sales.


credit card virtual terminal and merchant credit card machines