Forex Profit Signals

What is Forex Trading:

Forex Trading is trading currencies from different countries against each other. Forex is an inter-bank market that took shape in 1971 when global trade shifted from fixed exchange rates to floating ones.

This is a set of transactions among Forex market agents involving exchange of specified sums of money in a currency unit of any given nation for currency of another nation at an agreed rate as of any specified date. During exchange, the exchange rate of one currency to another currency is determined simply: by supply and demand - exchange to which both parties agree.

Actually Forex is the financial game between BULLS and BEARS.

The Major currencies pairs are:
EUR/USD
GBP/USD
USD/JPY
USD/CHF
USD/CAD
AUD/USD

And these are the 6 best Forex Markets.
What are Forex Signals?

Forex signals are indicators that let you know when it's a good time to buy or sell a currency pair. They provide you with insight as to what's going on in the Forex market without the necessity to monitor Forex trends throughout the day. If you are self-employed or employed by another company, Forex trading is likely a part-time endeavor for you.

You won't have time to sit at the computer and monitor the Forex market all day. Forex signals can be delivered to you throughout the day by professional Forex traders to give you a heads-up on what's going on in the market. You can receive the signals, and then place the signals for buy or sell.
 
Forex signals are basically "suggested" buy and sell points with price targets and stop-loss levels delivered by fx signal providers to traders. They may be delivered by email, instant messenger, cellphone, live currency trading systems or direct to your Forex signal metatrader on your desktop.

Forex trading is a risky business and it takes some time to master the art of Forex trading signals. There are a number of fx signal providers but before you choose, you need to make sure you have done your homework. Always ask for the Free signals to deliver for 3 to 5 days and test those signals in your Demo Account.
The main characteristics of Forex trading signals to be aware of are as follows;
Cost: monthly subscription

Complexity: Simple "one email a day" OR Full-Service
Control: You keep full control OR the signal provider trades your a/c for you
Most Forex trade signals charge a very modest subscription fee, usually in the region of USD $80 - $400 per month.

If you're new to Forex trading, you probably realize how important it is to make the right trading decisions. One wrong trading move can drastically harm your portfolio while a good move can bring tremendous profits. That's why trading signals are so important. Once you've tried a Forex demo account for practice and created a strategy that works for you, you can add trading signal services as a useful tool in your Forex trading.

With online Forex, finding a trading signal service is easier than ever.
In their simplest form a Forex trading signal will send you a Forex alert email once a day listing trade set ups for the next 24 hours.

Some Forex signal providers offer a free trial service, thus allowing currency traders to sample the signals to assess their worth. This is a helpful step, as it allows the trader to consider the quality and reliability of the signals before paying money. This is a crucial element in the research process, and weeds out the providers who want money upfront as they are not confident in their ability to call profitable trades. This is a good service that you can try for free for 3 to 5 days.

Various fx signal providers offer a few complimentary services along with the featured ones. Look for a fx signal company that provides email support, phone assistance and even mentoring to their clients. This is of great value, especially to new traders.
They assign their time assisting traders in taking buy/sell decisions. Forex traders depend upon and trust the recommendations of these professional signal providers, while making investing decision in the Forex market

Forex signals are not meant to be a magic solution to all your Forex problems. They are designed to inform you about the market.
Forex business timing is extremely crucial; a trader can earn millions or lose even more depending upon the his timely or untimely actions. Besides, being the biggest market on the face of earth - it generates business activity of almost 3 trillion USD, it operates around the clock, all over the globe, making it thus impossible for a trader to stay vigilant all the time about market fluctuation and probable changes therein.

Therefore a trader needs alarms and indicators to get knowledge about the possible opportunities and probable pitch points. Hence the need for Forex signal or alerts. Basically Forex alert or signal is a communication or intimation to the trader indicating the ripe time to buy/sell and the suitable price to pay/ask. Most of the time, such signals and alerts are provided by trained professionals, either individual or companies.

When choosing a Forex signal service, be sure the company offers the type of signal alerts you need. Every person is different. Some require computer or email alerts, while others are not accurate Forex signals are made for both professional traders and although new traders. The best Forex signals trading system is going to cover multiple situations on the Forex market. For instance the best Forex trade signals is going to cover all major currencies like GBP, USD, and EUR at all times the market is open, not only for specific situation. Simply to get the full value of your Forex trade you must know what is happening in regards to all the major currencies. The Forex system should also be able to give you at least 1-3 Forex trading signal alerts a day.

Some Forex trading signals are high volume scalpers, calling many trades in a day aiming to profit a handful of pips on each. Others only call a few trades a day, aiming to profit 20 - 80 pips on each single trade.
Forex trading signal providers help you in minimizing risks or losses in trading.
Forex signals are generally given on a daily updated basis and all are contingent on factual market analysis and behavioral flow and not on mere hearsay and other speculations.

The signals are calculated and generated by using different indicators such as trends, moving average, Elliott waves, Bollinger bands, Fibonacci series, etc. In spite of that, some uses strategies like:
Pip Maximizer Method 1
Pip Maximizer Method 2
Pip Reversal Method
Pip Divergence Method
Instant Pip Method
Pip Retracement Method
Quantum Pip Strategy

... to give profitable and accurate signals.

The following question I wish to raise, is the abundant selection of Forex signals from which we can choose. Because of the variety of service providers, they offer different services, of which we must be aware. The first type of Forex signal provider will just send out trade alerts by email, often daily, sometimes at several intervals throughout the day. Thus you need to have a laptop of email receiving device ready at all times, to gain the most from trading Forex signals.

The next type to consider are through EA/Expert Advisors. These types of signals are not good at all because those are the computer oriented programs which can ruin your money within a few trades. But fortunately this is not such a big problem today, as more traders have email reading devices. The most crucial aspect concerning the format you receive the signals, is to ensure that you receive them immediately, and have the capability to act on them straight away - so you have to have immediate access to your Forex brokerage account, and place the trade as soon as you humanly can.

A unique benefit of trading Forex signals is that it gives guidance and discipline in a Forex currency trader. Forex profit signals service providers send you alerts when the conditions are right for the trade. They use cutting-edge technology which constantly monitor all major currency pairs for generating technical indicators.

Forex signal generators produce Forex signals which are indicators of ideal trading opportunities. These are certain algorithmic patterns which have been evident in successful Forex trades throughout the years. These Forex signals are then fed onto the program of Forex automated EA or Expert Advisors. This program will then either make Forex trading decisions for the individual while s/he is away from the computer or advice the individual about what to do. Forex EAs act like wizards which monitor currency ratings through online Forex Trading Platforms. One can look at Forex signals as triggers of commands which allow the automated system to function.

Forex signals can immeasurably add to the profits of a Forex trader.

How to Receive Forex Signals:

Forex signal services are available to provide signals to you around the clock. These services usually have professional Forex traders who monitor the market 24/7 and provide you with up-to-date information. These services often charge a monthly or yearly subscription fee for their services. The methods used to deliver the Forex signals to you can vary from one service to the next. Signals can be sent through email alerts, to your phone or cell phone, through your pager, or even through a pop-up software system that will show a screen on your computer each time a signal is sent. The services also vary in how they present information to you. Some will provide live charts to give you more insight as to what as happening in the market.

Time frame for which the Forex trading signals are generated is equally important. Few trading signals can be valid only for a few minutes or an hour; others may have recommendations that are valid for a day or more. If the Forex trading signal providers generate signals for shorter time frame, you need to monitor the market frequently.
Some Forex signal service providers offer add-on services like email or mobile alerts. The service provider should have end-to-end technical support for the customers.

Even with experienced traders calling your trades, it's prudent risk management to never ever risk more than 3% of your initial capital on any one trade, preferably only 1%. So, if for example your initial capital, (or to put it another way, the maximum you can afford to lose) is let's say 5,000, the position size you take on each trade should be such that if the trade hit your stop loss, your maximum loss would be no more than 1% x 5,000 = 50.

Forex signal providers render Forex business quite a bit easy for traders, especially those who are relatively new in the business. Forex signal generation and provision can be either manual or automated and it provides entry/exit points of the trade streak for major or already chosen currency pairs. In manual signal generation system a simple trade signal is provided by the single provider. In automated signal generation system, the Forex system not only intimates and alerts the trade to either enter or exit the trade, but some times makes the deal by operating in synchronization with the trader's bank or broker.

Initially Forex signals and alerts used to come in the form of telephone calls and facsimiles. Now as we have stepped into the era of information revolution which has brought forth amazingly advanced digital technology, Forex signals and alerts generation and provision system has also advanced and become much more sophisticated and quick.

Now these alerts come in the form of e-mails, SMS (Short Message Service, a way of sending text messages to mobile devices), or desktop software. However with trading Forex signals, there is no such chance to over trade your account. It is absolutely possible to learn the mental aspects of trading, by following a set of rules, and not to deviate from those rules.

Many trading Forex signals provide you with a complete set of instructions in order to take the trade. Frequently the signal will have multiple exits, which enable a trader to take money off the table in small steps. So this enables the currency trader to input all of these prices into his trading platform when he gets the signals, and then to switch off the computer.

As for any purchase, it is essential that the Forex trader first does his research into the more effective trading Forex signal service for him or her. This involves a lot of careful research, and reading various reviews and testimonials of the service in question. Before I go, in conclusion, the trader is strongly advised to practice using the trading Forex signals on a demo account first, so that the Forex trader can totally test out the profitability of the signals. This has an supplementary benefit for a complete new, as it will enable the currency trader to become familiar with the trading platform, and reduce the possibility of making any mistakes.

Whenever possible, go for a free demo account and then try your forex signals for a few days before becoming a paid member. Forex trading does involve some planning and strategy building so be prepared for a steep learning curve before trading with real money!
I'm going to start by telling you some cool facts about the FOREX market.
As you may already know, FOREX is the acronym for "The Foreign Exchange Market." This market concerns itself with the buying and selling of the currencies of just about every country on earth. This market is BIG! So big, in fact, it's hard to wrap your mind around the size of it.

Listen. The daily average volume of FOREX is:
Almost 5 TRILLION Dollars Per Day!
I'm going to try to bring that fact home for you: The New York Stock Exchange has a daily volume of approximately 50 billion dollars. That means the FOREX is 100 times larger than the NYSE

Actually, the daily volume of the FOREX is triple the size of all other investment markets combined!
In spite of its size, the FOREX does not have a physical location or a central exchange. It operates through an electronic network of people, banks and companies that specialize in trading one currency for another.
Almost all FOREX trades are executed on the internet by someone sitting at a computer with a high-speed connection. So, if you don't like working with a computer you may as well stop reading... because... you will be left out.

Still with me? Good.

The Only 24 Hour Financial
Market In The Whole World
Because the FOREX does not have a physical location or a central exchange, it is able to operate on a 24 hour basis leapfrogging from one time zone to another across the major financial centers of the world.
The FOREX market actually follows the sun around the globe... because... as one country is closing for the day, another is just opening up. This market is open 24 hours a day, six days a week from 5:00 PM Sunday (East Coast Time) to 4:00 PM Friday (East Coast Time). This 24 hour access combined with its huge trading volume makes this...

The Most Liquid Market On Earth!

Except for Saturdays, you can enter or exit the FOREX market anytime night or day. This market has virtually no gaps whatsoever and your stop-loss orders are almost guaranteed.
Can you imagine that? The multi-trillion dollar liquidity, combined with 24-hour trading access virtually guarantees your stop-loss orders will be executed without slippage.
Just try to get that kind of guarantee from your stockbroker!
The stock, futures and options markets cannot offer you this guarantee because the limited trading hours create frequent gap opens. Nearly all Forex brokers make sure their hours of operation coincide with the hours of operation of the global FOREX market.

Let's see, what else?
Oh, yeah, no one can corner the market. The FOREX market is so huge and has so many global participants that no single individual nor entity... not even a central bank... can control the market for any significant period of time.

Plus,
There Is No Insider Trading!
Because of the vast size of the global FOREX market and its non-centralized nature, there is no chance whatsoever for disruptions caused by insider trading. There is less chance for fraud in the FOREX than in any other investment market. Best of all forex can never become zero but stocks can become zero and majority of the options expire worthless.

There are no commissions. Yep, you read it right. No exchange fees, no closing fees, no government fees, no brokerage fees. This all adds up to a very low retail transaction cost. If you select your broker properly, your round-trip transaction cost could be as low as .07 percent.

And know this, a very desirable by-product of extremely high liquidity is almost instantaneous transactions executed with blinding speed. You can leverage your trades by a factor of 50 to 1, 100 to 1 and even 400 to 1.
Not only that, you can trade with a very low margin with relative safety compared to the disastrous potential of margin trading found in other financial markets. Also it is tax free income if the country you reside has no capital gain tax.

And finally, if you get really great at currency trading, your potential financial reward is so big it can make your head swim!

As an experienced researcher, my idea is to learn and share everything I can with my readers. Stay tuned for more business, travel and career ideas as I love to write about this subjects and more...
I have the Love and Passion for Trading which force me to spend countless hrs for learning, experimenting & perfecting the Art & Science of Trading. My ultimate purpose is to help you live the life that you deserve. I know how it is, most people work hard to make a living, yet it feels like a never-ending treadmill. After paying the bills, there doesn't seem to be enough left over to enjoy what life has to offer. I know EXACTLY how it feels, because I was there once.

I did my research and discovered how many of the world's richest people had made their fortunes. I modeled my efforts on their example, and invested time, money and energy to learn all I could about Trading

Please click on the LIKED BUTTON if you really gained from this article, here is the LINK goes:
http://www.facebook.com/forexprofitsignals
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Are You a winner?

"If you don't see yourself as a winner,
then you cannot perform as a winner."
— Zig Ziglar: Motivational author and speaker
 

Did you download Manifest & Mind yet?

Hi :)

If you have't downloaded Manifest & Mind yet you really should. This completely awesome download will help unlock your mind force and boost your manifestations to a new level.

Download it here www.lawsofmindsystem.co

In this guide, you'll learn how to use MIND FORCE to manifest the life you want 

You'll also learn: 
 
1. How to unlock your mind force to manifest the life you want 
2. How to modify mental images in your subconscious 
3. How to finally get rid of limiting beliefs to achieve your goals 
4. How to achieve massive manifestation momentum 
5. How to enhance your INTENT which is key to your results 
6. How to overcome fears and dissolve the ego

and much more! 

Click here to learn more

Be sure to also check out their Laws Of Mind system which is an alternative to the law of attraction.
 
Hope you're having a great weekend... I'll email you again later about an AWESOME free competition to win a HUGE prize at a personal development retreat. Look out for the email :)
 
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FAP Turbo Review Facts About the Fapturbo Expert Adviser




After several months of being launched, the FAP Turbo has remained the most popular foreign exchange software in the market, and also the one that has generated the more feedback, actual assessments and positive commentaries online. Trading the forex market is all about a game of odds. 

To some, it is a powerful game, risky as well as dangerous. To them, the higher the risk, the bigger will be the profits. In some cases, the traders who are involved in this game are carried away through the emotions, and move into extremes, taking risky trades, gambling aside their capital and fortune. So how one thing we can make that statement? With so many Forex robots out there all claiming to be the best one and all claiming massive returns, how can we single out 1 and proclaim that it's the MOST popular one?

Right now we didn't say the most successful one. That is still left up to be debated. But we CAN say with confidence that it's definitely successful! We've been using it to make lots of money and somewhat incredible returns. So unbelievable that we hesitate to even publish them with regard to fear of sounding such as we made it upward. What is the current trend about using forex trading robots such as Fap Turbo Foreign exchange in trading the forex market?

Will using Fap Turbo Forex leads to massive profits, or does it leads to an alley of deep losses and even financial wreck? What is the trading strategy adopted in programming its core buying and selling engine and can a person rely on it to trade at all? If you want an automated robot that you could truly depend on, after that check out FAP Turbo. By combining scalping and long term strategies, this system can bring in many profits. You can easily switch the parameters on or off, and fix the settings to match your own buying and selling needs and preferences.

There are tens of thousands of individuals who have worked diligently for their employers for years and are approaching pension with nothing to show for their efforts. If you are, do not despair. There is nevertheless time to do catch-up. Fapturbo will double your hard earned money every month if you are close to retirement and have not saved a penny.

You may be an avid forex trader or you just want to earn money from home, then you'll be glad to understand that there is a new, automatic trading robot available that can be the solution you're searching for. This is the FAP Turbo, that, even just before its beta launch, had been bringing profits set for its testers.

Forex Trendy - The Real Solution FX Traders Want

What's inside the Member Area?
  • No thick ebooks to read or complex software to install
  • Live charts of the best trending currency pairs and time frames
  • Audible alerts, email alerts
  • User friendly interface
  • Optionally, you can select / deselect pairs or time frames from the auto analysis and more options
  • Quick overview of the trends on all time frames
  • Now a special bonus! Automated chart analysis – recognizing "Triangles, Flags, Wedges and Trend Lines" on 34 currency pairs and all time frames!
Watch a video how it works
So, how do you find out which Forex pair and time frame is best to trade?
Knowing the trend is crucial. Sure, you have experienced times when you entered the trade and waited during the choppy zone while some other pair was making a solid move. Trading the market that turns up and down and takes back all the profits during a series of losses feels like a slow torture...
Forex Trendy is a software solution to avoid trading during uncertain market periods. Instead, pick the best trending pair at the current time.
It uses no indicators, but the trend is determined by pure price action.
It quickly scans 34 Forex pairs on all time frames from minute to monthly. That's 34 x 9 = 306 charts. Forex Trendy analyzes all the charts for you every second! This way, you get the best trending pair and time frame at any time you want.
The software runs on our powerful computers so you instantly get the result online. Therefore, you can use your favorite trading platform such as MetaTrader, NinjaTrader, TradeStation... and there is nothing you have to download or install. It is very easy to use.
The truth is that most Forex systems or robots make money with the trend, but loose money in a choppy market. For example, imagine you trade a system that makes 50% winning trades, but another 50% are losing trades. By following the trend you would dramatically increase the odds of winning. If you increase the odds of winning by only 20%, that would make 70% winning trades and 30% losing trades. This can make the difference between losing (or breaking-even) and winning. In other words, by following the best trend it can only be better.
Avoid struggling with the erratic market chaos when the trend direction is unclear. Take only confident trades in the best markets at the current time.
You would be the one knowing which one particular (even exotic) pair is trending while other traders wouldn't notice it without this tool. Knowledge is power!
Now a special bonus: Auto recognizing Triangles, Flags, Wedges and Trend Lines
Forex Trendy is a much more sophisticated application capable of recognizing basic chart patterns. It scans through all the charts, on all time frames and analyzes every potential breakout. After considering the reliability of the pattern it tells you something like this:
Hey, look at USD/NOK on hourly time frame...
the price just broke down from a Triangle!
And you see the chart with the trend lines forming the triangle and the breakout point – all that clearly drawn for you. The trend line looks solid with many touching points, so you are prepared for the massive breakout. Something you would miss unless you have supernatural powers to watch and analyze all the charts! Such events happen very rarely in one single chart.
Not familiar with chart patterns and these fancy names? You will get the 30-page ebook with tons of real examples "Understanding The Myths Of Market Trends And Patterns" right after subscribing!
What�s more inside the Member Area
  • Live charts of emerging patterns and the history of completed patterns
  • Audible alerts and email alerts for the new completed patterns
  • Forex Trendy uses sophisticated algorithm to consider which trend line or pattern looks better – with more touching points, etc. Many traders don't do this correctly!
  • Chart pattern recognition is included in Forex Trendy for no extra fee!

Factors & Strategy Available For Successful Equity Specialized Niche Trading





Will allow discuss time frame. One, there is the actual long-term time figure which one points to a time frame of time months to lots of. Pick and hold making an investment or trend using typically looks at this time case for their markets.

A part of developing a meaningful profitable Forex currency trading strategy involves turning out to be able to know market volatility. The On the planet market is open 24 hours per day and the individual will find this kind of impossible to put track of each and every market activities, all the time. You will are required to understand often the timing of varied markets, particularly all those people in which you are trading not to mention those that results your trades, that being said that you are hands down in a position to make my best possible procedures during your getting hours.

Almost all people in the ongoing market is attempting to know pertaining to Silicon Forex your initially spot will definitely be that calls for no person's interaction. It truly is truly a pug-and-approach Internationally exchange robot that enters and leave on autopilot. It definitely has a video tutorials clip tutorial of which arrives with your handmade jewelry. when you abide of the video the procedure indicated you will surely have Silicon Forex up and functioning at no time.

Thus right here we have yet any kind of further Kurt Suntay evaluation of Fx Investing products' At hand have been computerized Foreign trade investment techniques on our own market for a huge couple of your long time now, but, the precise same trouble exists for all of them. Sure, they slice down the entire costs of buying indeed, they offer a novice sellers with an fantastically simple way in get a basis in the door certainly, they offer a time generate tool for employees and women who do not gain the time in order to dedicate to day trading BUT they every one of have a eligible specific concern. You are hands down likely placing all of your cash in the particular fingers of the right computer algorithm.

You could also be trainees. Nonetheless, to get able to flower to be expert at a complete lot about Foreign funds being a novice, you need to ensure you've an effective Forex speculator who have chance to reveal several things for you and your family personally worrying specific Currency market.

Found previously mentioned would be just some akin to the psychological devils a prosperous opportunist will have to master in have to grow to be a winner in the some what long expression. automated shelling out software program totally not have as a way to conquer any of all these - It will do specifically you notify the game to do, when and how.

You can even examine your trade various other specifically, if you hold a investing academic journal. You can examine both of those your successful also dropping trades. By the investing journal, you will to pay for chance to convert your weak area into strengths. Every working day sellers will have a getting rid trade. But when have a losing trade, of which results in being very critical to research that trade. You need to have go again and examine particularly why created the decision to take into account the trade. This assists you to refine your practice.

Commodity trading in the Forex market could be a very profitable field. Trading futures would need looking at special aspects compared to regular Forex stock investing. Forex traders look into destinations like history and as a result objective views. Other aspects that set every fields apart are fees, margin necessities, liquidity, practicality, then the technical but informational resources that can be bought for each services.

Imagination Always Wins

There are internal principles we use to create whatever we want to create. You’ve got to be congruent with who you are; an honest statement to yourself and to the world. You can’t get wealthy if you’re not congruent with that.
We have this desire to be financially free, but there’s this other part that says, ‘It’ll make my life more complicated,’ or ‘I don’t deserve to be.’
‘God doesn’t want me to.’
‘Mommy doesn’t want me to.’
‘The government doesn’t want me to.’
That never ends until you change the tune. You need to decide on something you’re going to do. Get congruent about it and go get it done. Take action on it.
There’s a saying I think is one of the most profound sayings I’ve ever heard, by Canadian Amele Coue: “When the will comes into conflict with the imagination, the imagination always wins.”
It means you may want to do something, you may will it, you may write it down as a goal, you may say to yourself ‘That’s what I want to do’, but if your imagination is not congruent with that desire, you will conform to your imagination about it—even if you’re imagining the worst.
The deepest parts of you know what is right for you. That’s what intuition is. The problem is following your intuition can sometimes be a very fearful thing because you’re usually going against everything that everybody else is telling you. They’re usually saying, “Don’t do it.” You have to know and affirm that it’s right for you. It’s your thing. You’ve got to do this.
You would worry a lot less about what people think of you if you realized how little they do. But we have this façade we put up around ourselves, yes or yes? We try to play a role. And this façade takes half of our energy.
Fear is the most expensive habit we have. How much does your fear cost you? Go back five years and change your life, take all the fear away. No more fear of rejection. Live five years forward up to today without that fear. Where would you be today?
If you move and act in a different way, in a more congruent way, in a less fearful way, what happens? If we could take all of that and put it into money and relationships, time and physical health?
The question isn’t meant to draw thoughts of the past into the realm of regret. We learn what we learn when we learn it, and we get it into our bodies when it happens. Sometimes the Universe makes those turning points obvious, sometimes it takes us awhile to get there. Better late than never.
The point is to get it into our systems now; our desires deserve an imagination that will allow intuition, integrity, knowledge, and humility to go after what we want guilt free—free from the echoes of past that are no longer suited for your real ambitions.

Embrace Your Inner Warrior

Embrace Your Inner Warrior

iStock_000020479346XSmall

Most people in our culture are pretty far removed from the realities of what we generally think of as “warriors.” In a pop-culture kind of way, the idea evokes images of swords, shields and ancient wars.
I think it’s important to seriously embrace the concepts behind what it means to be a warrior, and not the part about swords and shields. I’m talking about mental preparation—focus and awareness of mind, body and spirit so the warrior can be optimal to do what needs to be done when the moment calls.

We don’t experience quite the same intensity in our daily lives, but on some levels we do. The point isn’t about what the “warrior” is going to do; it’s who the warrior will be that will direct the action.

The definition we use of warrior is “One who conquers oneself.” The path of the spiritual warrior is not about power over others but power over yourself; being your true self. Only then can correct action follow, and the warrior’s way is the way of action.
It’s not just big actions in big moments. It’s about developing a habit; a bias toward action in your everyday life, and being able to reach your dreams because of this. Fear is what holds people back—fear of failing, or some perceived ridicule or pain for failing.
One of the most basic principles of the warrior is to be willing to make mistakes. The most successful people are willing to mess things up every now and then! They don’t take mistakes personally as an affront to their self-worth. They use mistakes as their primary form of learning.

You’ll get feedback based on action, and then you can make corrections. You go back to more action, maybe more mistakes, and make more corrections until you get it right.

But what happens in the feedback loop for a lot of people? We make mistakes and beat ourselves up unmercifully. In our society we have such a stigma on “failure” that we’re not willing to do anything, especially anything big we really want.

Take action! Successful people trust themselves. They’re willing to take the chance.

Break out of the prison of the conditioned mind and come from true choice in the present moment. That’s power. Power is when you don’t have to be who you were yesterday, or two years ago, or whenever.

You have to be present in the moment and come from true choice. If you don’t come from the moment and can’t trust yourself, then you’re coming from your programs of the past.
Be whatever you have to be at the time. Being unattached to thoughts and beliefs means you can be free to be whatever you need to be right now. That’s the way of the spiritual warrior.

Rupee hits new low of 65.56, recovers later

Mumbai/New Delhi, Aug 22, 2013, DHNS:
Rupee is the worst performing currency
The rupee on Thursday breached the 65-level against the dollar hitting new lows for the fifth straight session, after the US Federal Reserve hinted that it would start scaling back its stimulus as early as next month.

However, the domestic currency, after dropping below the 65-mark recovered to close down 44 paise over its previous close at 64.55 to the dollar — a fresh closing level. The latest spurt of depreciation came on the back of persistent dollar selling by exporters and foreign institutional investors (FIIs) despite Finance Minister P Chidambaram and RBI Governor D Subbarao trying to mollify investors, saying there is no need for “unwarranted pessimism”.

The rupee opened weak at 64.75 against the dollar and declined to a lifetime low of 65.56/$ as heavy demand from importers along with weak domestic equities continued to weigh in on market sentiment.

The rupee has now seen new closing lows in the last five straight trading  sessions.  Forex traders felt that despite demand from private and foreign banks, the rupee depreciated more because of the psychological effect of the US Fed's decision. A temporary pullback happened after RBI intervened but the rupee soon shot past the 65/dollar mark. 

The slide continued as government is yet to come up with any concrete measures to encourage inflows. Apart from the high current account deficit, the impact of rupee depreciation is that it fuels inflation and increases the import bill to mention a few.  It also increases the government's spending on fuel subsidies, potentially widening the fiscal deficit. 

Finance Minister P Chidambaram sought to lift investor confidence at a news conference on Thursday in New Delhi saying that while economic growth remained flat in the first quarter of 2013-14, it is likely to pick up in the remaining three quarters.

However, analysts said that the rupee is the worst performing currency in Asia right now.

According to India Forex Advisors' Founder & CEO Abhishek Goenka, “With a fall of 19 per cent this year so far, the rupee is the worst performing Asian currency. A set of RBI and government measures have not helped rupee to witness a recovery.”

5-Step Plan To Be Wealthy By Design


design

It is true that there are many random events in the financial marketplace.
But your approach to building your wealth cannot be random. It must be carefully considered, meticulously planned, backed by solid commitments and regularly assessed.

When these steps are followed – and when you and your advisor can maintain flexibility in challenging times – you will have put in place the strategy that will empower you to meet your goals and live your dreams. You will achieve wealth, but not as the result of random events, lucky breaks, or ‘timing the market.’ Instead, you will become wealthy by design.
I outline the following five-step plan to strategically achieve financial independence in my new book, Wealthy By Design.

Step 1: Discovering And Setting Your Goals

Identify your needs – family obligations, debt, and lifestyle requirements. Connect with your desires – know the difference between a need and a desire. Know where you want to go – relate your life goals to short-, mid-, and long-term financial goals. Evaluate when it is time to review or revise your investment goals.

Step 2: Planning Your Investments

Learn the fundamentals of investing. Examine your current asset allocation. Explore how to diversify your portfolio. Do not try to time the markets. Come to grips with the level of risk that you can tolerate.

Step 3: Committing To Your Plan

Enact a plan. Commit to it. Identify the challenges to your commitment.

Step 4: Assessing How Well Your Plan Is Working

Identify which indicators to look at to determine how well your plan is working. Reassess if your asset allocation is properly balanced.

Step 5: Keeping Your Plan Flexible

Keep up with a changing market. Know when to take action. Know when to expand on your investment.

I cannot stress enough the benefits of a well-conceived and disciplined strategy. Some people have the idea that such a focused design is restricting or that it causes you to miss opportunities that less-structured investors might capture.

But it really works in the opposite way when you are following a plan; you aren’t being distracted by the ‘noise’ that so easily sidetracks other investors. That means you can actually pay closer attention to the real opportunities – the ones supported by careful research and sound investment principles.

Disciplined investors stay invested, stay the course, and reap the benefits; undisciplined investors jump in and out of investments in a vain attempt to capture the latest hot stock or value play, and they invariably achieve inferior returns. The research backs this up, time and time again. That’s why I tell my clients: ‘Stay diversified, and stay the course.’

The Power of Gratitude

grandfather and grandson with cloud
Be grateful!
We hear it all the time, at least in a community of fellow seekers who want to grow their financial success building as much as their spiritual peace.

Life has its highs and lows, but the one thing that’s the same no matter where we are on the wheel is that there are always many things to be grateful for.
It’s easy to be grateful when it doesn’t really require a ton of effort, like saying “please” or “thank you.” It’s easy to be grateful when things are going great. But what about when things aren’t going quite as planned?

Everyone’s been there. The mind starts going into “what’s wrong,” or what’s not enough, what’s too much to deal with, too much to do in order to overcome an obstacle and reach a goal. In some ways it’s natural, but when it becomes a habit then the pity party is simply a safer choice.

The truth is it takes much more courage to appreciate what we’ve got—no matter how little it may seem—than it is to surrender to the scarcity model and let ourselves off the hook for taking action because something isn’t enough.

Our egos will tell us that if we spend too much time being grateful for what we have, we won’t try to get more, and we’ll become stuck with being “content” instead of happy.
Wanting what we currently have has nothing to do with somehow tricking ourselves into “settling.”

Just because you’re buying an economy car now that’s practical but not so hot-looking doesn’t mean you won’t want a Ferrari three years from now when you’re rich. It’s not hard to be grateful for that fact that you have four wheels to drive that gets you where you need to go. There are plenty of people in this world that don’t have that, with consequences we couldn’t imagine.

It’s the lack-based protective mind that continuously hungers for more, like a squirrel hoarding nuts for winter. The scarcity model, constantly looking around, overlooks and discounts what’s right in front of us. We have to consistently remind ourselves to look for “what’s right” in our lives instead of “what’s wrong.”

Then we’ll be less likely not to forget to show our appreciation to the people who are closest to us; our family, friends, loved ones, co-workers, employees. Then there are teachers, postal workers—all the people that make our daily lives more convenient and enrich our larger communities. And let’s not forget to say “thank you” to the Universe for our many blessings.

Gratitude particularly holds true when it comes to finances. To have abundance, be grateful for and properly manage whatever wealth you have now, even if you don’t think it’s much. Why? If you’re not appreciating what you already have, that means you’re not maximizing what’s available right now. If you can’t do that, why should the Universe believe you can handle more?

The Science Of Getting Rich


wealth-and-abundance


As a child I was never a very strong reader – though my parents did buy me new books just about every year, and they did read to me before I went to bed when I was younger. I loved the funny voices that my dad would put on for different characters. I would do the same for my children – and now for my first grandchild.

The Science Of Getting Rich…

THERE is a thinking stuff from which all things are made, and which, in its original state, permeates, penetrates, and fills the interspaces of the universe.
A thought in this substance produces the thing that is imaged by the thought.
Man can form things in his thought, and by impressing his thought upon formless substance can cause the thing he thinks about to be created.

In order to do this, man must pass from the competitive to the creative mind; otherwise he cannot be in harmony with the Formless Intelligence, which is always creative and never competitive in spirit.

Man may come into full harmony with the Formless Substance by entertaining a lively and sincere gratitude for the blessings it bestows upon him. Gratitude unifies the mind of man with the intelligence of Substance, so that man’s thoughts are received by the Formless. Man can remain upon the creative plane only by uniting himself with the Formless Intelligence through a deep and continuous feeling of gratitude.

Man must form a clear and definite mental image of the things he wishes to have, to do, or to become; and he must hold this mental image in his thoughts, while being deeply grateful to the Supreme that all his desires are granted to him.

The man who wishes to get rich must spend his leisure hours in contemplating his Vi- sion, and in earnest thanksgiving that the reality is being given to him. Too much stress cannot be laid on the importance of frequent contemplation of the mental image, coupled with unwavering faith and devout gratitude.

This is the process by which the impression is given to the Formless, and the creative forces set in motion.
The creative energy works through the established channels of natural growth, and of the industrial and social order. All that is included in his mental image will surely be brought to the man who follows the instructions given above, and whose faith does not waver. What he wants will come to him through the ways of established trade and commerce.

In order to receive his own when it shall come to him, man must be active; and this activity can only consist in more than filling his present place. He must keep in mind the Purpose to get rich through the realization of his mental image. And he must do, every day, all that can be done that day, taking care to do each act in a successful manner.

He must give to every man a use value in excess of the cash value he receives, so that each transaction makes for more life; and he must so hold the Advancing Thought that the impression of increase will be communicated to all with whom he comes in contact.

The men and women who practice the foregoing instructions will certainly get rich; and the riches they receive will be in exact proportion to the definiteness of their vision, the fixity of their purpose, the steadiness of their faith, and the depth of their gratitude.



When “Staying Inside the Lines” Starts to Hold You Back (And How to Break Free)

Crayons

There’s a spirit in our culture that prides itself on individuality and “being you.” That sense of satisfaction that comes with doing something your way and finding success.

Yet, as much as we say we value individuality, how much do we really live by that? How often are our decisions influenced by other people: family, friends, a mate, colleagues, neighbors? How often have you wanted to do something but thought twice about it because you were afraid of what so and so might think?


When you go against the grain, you stand out, and standing out can be nerve-wracking. Why is that?
It starts, like many behaviors, with early conditioning—like staying “inside the lines” in art class. Structure can be good, but if we dared draw outside the lines, watch out! We’d be “corrected” until we developed the habit of staying within artificial boundaries given to us.

That’s just one of many examples of conditioning that ends up placing limits on our creative potential. Those pressures could be cultural (Stay with your group!), economic (Rich people are why we’re poor!) … the list goes on and on. And most people end up living their lives “inside the lines” until it becomes comfortable, familiar and what others have taught as “appropriate”—even though it may not be appropriate for you!

In everyday life, anything or anyone that doesn’t fit the “norm” often pays the price of disapproval or scorn. It’s a strange paradox; it pays to be different—think of somebody like Madonna, who clearly marches to her own beat—but don’t be too different or else you’re weird, or something’s wrong with you.

Most people will do their best to fit into a recognizable and comfortable mold because security is addictive to the ego. As a matter of fact, it’s part of our evolution as people. Being accepted in a group meant survival and safety for our ancestors. And in some ways it still does.

However, at some point we’ve got to tell the ego that it’s okay to step into the unknown and dare to be different. Think of all the people throughout history that, if they hadn’t stepped “outside the lines,” we’d have never evolved as quickly as we did. We’d still think the world was flat, or that the universe revolves around us, or that “normal” people couldn’t do amazing things.

When you stop playing it safe, your spirit is free to grow, expand and create.  Individual, family and social “rules” don’t apply.

It takes guts to be different; to stand out from the crowd; to break free from the “clone drone” society and be a true individual.
When others criticize you for doing something “different” it’s usually because they’re scared. Inside, they’re secretly stoked that you’re breaking free. They’re just frustrated with themselves for lacking the courage to do the same. Be their inspiration!

Your focus for the next 30 days: This month, let go of worrying about what other people think of you. Do something unusual (just remember society does have laws!). Whatever business you are in, figure out a way to do it, package it, or market it differently than everyone else. “Zig” when the masses “zag.” You will not only feel a renewed sense of spirit and energy but will also dramatically increase your income and wealth.