Tuesday, October 11, 2011

Open Yours Eyes And Mind

Posted by Zeeshan Rana Labels:

People say trading is hard and I agree. Its hard because we dont have the answer. There is no spoon. There is no answer. What we have is our mind and our eyes. I havent heard of any blind traders yet.


In order to be profitable in forex you must train your mind. It seems the more indicators you use the harder it is to trade. Keep it simple and remember the principal of trading. BUY WHEN THE PRICE IS GOING UP AND SELL WHEN THE PRICE IS GOING DOWN.

Can anyone tell me when the price is going up or down in this chart???


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Friday, December 10, 2010

Receive Paypal Payments in Pakistan

Posted by Deep Hope Labels:

Paypal is the widely used payment system on the Internet. Unfortunately Paypal does not support Pakistan but now it is possible to accept paypal payments via third party payment solutions. This means that talented Pakistani freelancers are no longer restricted in working online because of the unavailability of Paypal. I have previously posted Alternatives of Paypal in Pakistan, Anyways, There are two payment solutions that allow you to accept paypal in exchange for goods and services:
2checkout: 2checkout (2co) is a long standing and respectable payment solution. Lots of websites on the Internet use it including some Pakistani sites.
 Recently 2co introduced a new feature whereby vendors could allow their customers to pay via paypal. 2co in turn pays merchants periodically by check or wire transfer.
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The downside to using 2co is that there is a sign up fee of $50. 2co requires that you have a website detailing your products and services and that it passes a review by their risk assessment department. This makes it difficult for new freelancers to get started with this payment solution.
The other problem is that 2co is limited to just one website. If you want to use it on multiple sites you have to pay an additional fee.


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Thursday, November 18, 2010

Forex Trading in Pakistan – The Big Business

Posted by Deep Hope Labels:

What is Forex: Forex stands for Foreign Exchange. The Forex market is also referred to as FX market in short. Forex currency trading is conducted round the clock, 5 days a week and it is the largest market in the world. Prior to 1998, the Forex market was only for large financial firms, trading companies and banks. Since 1998, the Forex market is open to everyone. The purpose of establishing a world-wide Forex market is to facilitate the trading that is the buying and selling of currency by the central government commercial banks and small investors around the globe. There are major trading centers worldwide in many cities such as London, Frankfurt, New York, Tokyo there is no set location for this trading. It can be conducted by telephone and through the internet from every part of world.


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Wednesday, November 10, 2010

Alternatives of Paypal in Pakistan

Posted by Deep Hope Labels:

Unfortunately Paypal is not available yet in Pakistan due to poor banking system or no-intention of Pakistan’s Government. Many Pakistanis have sent several requests to paypal and have started several campaigns on social networks for Paypal to come in Pakistan as there is a need of a trusted online payment processor. As Paypal is not yet available for Pakistanis that’s why every Pakistani Businessman who do business on Internet is looking for Alternatives of Paypal in Pakistan for Online monetary transactions.
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If you are one of those users who are looking for a trusted alternative of Paypal then i must tell you


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Tuesday, October 26, 2010

Forex Trading for Beginners

Posted by Deep Hope Labels:

The foreign exchange market (FOREX) is the largest financial market in the world. Earlier, the only way for individuals to gain access to the foreign exchange market was through banks that transacted large amounts of currencies for commercial and investment uses. Nowadays, because of federal rule changes, Forex trading is no longer a monopoly of the banks and investment houses. Foreign exchange market brokers are able to offer small traders the opportunity to buy or sell any number of smaller money lots with the option to trade them at the same rates as the big players who once dominated the market.


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History of Forex Trading

Posted by Deep Hope Labels:

The origin of Forex trading traces its history to centuries ago. The need for different currencies and their exchange had existed since the Babylonians. Speculation did not happen in those days. The value of goods was expressed in terms of other goods also called as Barter System. The main disadvantage of such a system was that it was not an accepted mediums of exchange. It was important that a common base of value could be established. Soon various metals particularly gold and silver, established themselves as an accepted means of payment and a store of value.


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Get a Quick Start on the Forex market

Posted by Deep Hope Labels:

The Foreign Exchange market or the Forex as it is shortly called is the largest financial trading platforms in the world. It is a non-stop market where currencies of nations are traded. Foreign currencies are simultaneously bought and sold across the world, thus determining the value of currencies as they appreciate or depreciate in value. Forex Trading is not centralized or restricted to a trading floor. It is an Over-the-Counter (OTC) or ‘Interbank’ market, since the entire market is run electronically through a network of banks.


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