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With advances in medicine and technology, mortality tables have been changed dramatically in recent years. At the bottom line, we live longer. For some of us, this is much longer than they expected. If 20 years ago a 65 years old retiree thought he’ll live till the age of 83 or so, now days he more likely to reach the age of 87.

In some cases these senior citizens need more supplemental cash in order to maintain their standard of living. Since they do not want to liquidate any tangible assets they have.

Today, few financial tools can help these senior by leveraging their insurability.

In this article I’ll spread information about two ways seniors can tap into cash that in most cases they did not know they have.

The first method is Life Settlement or Senior Settlement where an old life insurance policy is being sold on the secondary market and leaves the insured with lump sum of cash. However, no insurance coverage is now protecting the senior. In order to qualify for a life settlement, the insured must posses a policy that is out of contestability and has a death benefit of minimum $250,000. However, some providers will buy a policy that is less than $250,000 , some other criteria has to do with the insured age (65 and above) ,life expectancy (2-12 years) , premium on the policy (less than 5% of death benefit) and cash surrender value not to be more than 30% of the death benefit.

If all parameters fit the buyer’s criteria, an average of 20% of the face value will be paid to the insured as a life settlement less any commission paid to the agent (Broker) who handles the case. Results may vary from case to case.

The second method is Life Insurance Premium Finance. Each and every one of us have hidden asset called insurability. Our insurability allows people to obtain life insurance up to their net worth which all we have minus what we owe. For example a 77 male who’s house worth $1,200,000 and has a vacation home that worth $500,000 plus some stock and pension may have a net worth of $2,000,000 to $2,500,000. What it means is that that person has insurability of $2,500,000 assume no life insurance is in force.

Using the premium program will allow the insured to obtain a loan to finance the premium on the policy. The insured will assign the policy as collateral for the loan plus a personal guarantee equal to 25% of the loan. After the loan is mature (usually 2-5 years)

The insured will have to decide what to do. At that point the insured will have few options:

The first is to pay the loan plus interest and assume full responsibility for future premium. 2nd option will be to renew the loan for another period and to assign more personal guarantee. 3rd option will be to sell the policy on the secondary market as a life settlement.

If choosing the life settlement option, the following numbers should be considered:

$2,500,000 life insurance policy on a 77 years old male will generate an annual premium of around $125,000 plus interest and fees.

After 2 years the total loan can reach the amount of $300,000. With a settlement offer of 20% of the face value the amount will be $500,000.

After paying the loan, the insured will remain with $200,000. Based on the deal structure the insured may have to pay a commission of up to $60,000 to the agent/broker who brokered the deal.

With the Premium Finance Program, if insured passes away during the loan period, the processed will cover the loan and the rest will go to the beneficiaries

In conclusion, senior citizen have some options when it comes to generating cash using their insurability via channels like carrier approved premium finance program and life settlement program, all designed to help them use their life insurance policy and their life insurance insurability.

Boaz Arbel is the General Manager at Arbel Life, LLC, a New York based company that specializes in the high net worth senior market. To obtain further Information about Life insurance Premium Finance, Life Settlement and to read additional articles about these subjects please visit the website: http://arbellife.com

You may also read all publications at http://1800pf.blogspot.com

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A calendar of economic reports is an indispensable Forex trading tool!

Experienced traders begin preparation for each trading session by consulting an economic calendar so they can avoid trading at times when the market is likely to be volatile and unpredictable.

At the same time, if an intra-day trade is in progress with a potentially volatile economic report soon to be announced, a decision can be made as to whether to take the trade out, or at least move the stop to protect profits or minimize losses.

Seeing this is such an important Forex trading tool, it pays to look around and select the best from the free resources available online.

Listed below are three good calendars you may wish to add to your Forex trading tool collection. (For links to each of these calendars go to the resource box at the end of this article and click on the link for free resources.)

FXCM

The FXCM web site has an associated web site called dailyfx.com which provides a comprehensive daily calendar of fundamental announcements which can either be viewed online or downloaded as a PDF file.

Economic reports likely to have a major impact on the market are displayed in bold to make them stand out.

This downloadable report is useful if you wish to print out the daily calendar and have it on your desk or displayed beside your computer.

ForexFactory

This web site is very popular with thousands of visitors to the Forums each day. However, in my opinion, the best Forex trading tool it offers is the calendar.

You can customize the time to your own time zone so the calendar displays in local time when the fundamental announcements will be made. This is a great help in avoiding confusion from having to add or subtract from GMT or having to take into account daylight saving time.

The main benefit of this calendar is the color coding feature. Economic reports likely to have a major impact on the market are shown in red, medium impact reports in orange, and minor impact reports in yellow.

At a glance you can identify the times during the day when you need to exercise caution.

Econoday

The paid subscription version of the Econoday calendar is an essential Forex trading tool for many professional Forex traders and fund managers.

For the average day trader the free version available from Barrons will no doubt suffice. One very helpful feature of this web site is the link to why the economic report matters. A detailed explanation is given on all the major economic reports as to why the market cares and the effect it can have.

Economic Reports – Market Movers

Not all economic reports are market movers. However, there are about 15 economic reports that have a medium to high impact on the US Dollar and up to 10 or 11 economic reports that have a medium to high impact on the British Pound, Euro, Swiss Franc, Australian Dollar and Canadian Dollar.

Navigating your way through a trading day without using a calendar would be like attempting to cross a minefield without a mine detector!

Be sure you take advantage of this major Forex trading tool – the economic report calendar. Use the online resources available for free and make them part of your daily Forex trading session preparation routine.

For a free pivot point calculator, Fibonacci calculator and the best free economic calendars click here:

http://www.vitalstop.com/Forex/tools.html

For a free candle & chart pattern recognition reference tool click here:

http://www.vitalstop.com/Forex/Candle-Chart-Patterns

The powerful 200 EMA strategy – easy for newer traders:

http://www.vitalstop.com/Forex/Advisor/200EMA-forex-strategy.htm

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Financing options encourage customers to commit to larger purchases on average, providing equipment vendors an advantage over their competition. To increase your business, you may consider adding leasing as an option for your customers, or modifying your current leasing program to better serve your customers. As you consider your options, keep in mind that not all leasing partners are the same and you need to find a partner which will be best for and your customer. The following pointers will assist you in making the right choice for your business.

Tip #1: Prepare to Compare

When choosing the leasing company, it is important to understand the unique needs of your business. Leasing may not work well for you if your product offerings do not meet the following criteria:

Product Offering Suitability
Equipment value is below $5,000 in value Equipment under $5,000 is not enticing for a company to facilitate because these amounts are typically paid with credit card or net accounts.
Equipment value is below $100,000 If your products are below $100,000, most companies are not going to require financial statements. They will generally use a credit scoring program to render approval.

Above $100,000 in equipment cost:

Typically most leasing companies will want to review financials statements in order to approve a customer when the equipment cost is over a $100,000.. In general they would like to review 2 years financial statements.

Expected contract length based on useful life of equipment A leasing program may not prove viable if it requires a contract length that exceeds the life of the equipment. For example, it would not make sense to finance a laptop computer for 7 years, but it might make sense to finance a large printing press for that long of a term.

As a vendor, it is important to package your offerings to a specific time period, because it creates another opportunity to upgrade the customer at the end of the lease term.

Tip #2: Know the Players

There are 3 main players in the equipment leasing industry: brokers, independent leasing companies, and financial institutions. All three funding source alternatives provide excellent opportunities for financing the lease of equipment.

Broker – Brokers are financial intermediaries that work with multiple funding sources.

The advantage for your customer is a broker will have a large array of financing options for your customers. They will most likely have the ability to finance your customers due to the fact they work with a few funding sources who have contacts. The disadvantage of working with an equipment leasing broker is once the lease is funded with the broker, they are out of the picture in terms of any decisions involving that lease going forward.

Independent Leasing Company – Independent companies get their funds from bank lines and/or investors.

An independent leasing company usually will bill or collect the rental payments and will have control of the decision process for their customers, as well as any subtle changes to the documentation if needed. In addition, will also allow you to create a more customized program for your customers.
Financial Institution Financial Institutions are the big boys in the equipment leasing space such as Wells Fargo, US Bancorp, and GE Capital.

These institutions are going to have specific programs available. However, they will be more rigid in most cases on their lending requirements: If you and your customers fit within their parameters, this is an excellent option. The downside is that big institutions can make quick changes, especially in the current market. You could be out a leasing partner overnight if they decide they no longer want to finance your specific equipment. Most larger banks and institutions are going to have a more rigid policy for credit and documentation.

As you and your company grow, you might find that a broker is the best option forever based on your requirements. Perhaps a financial institution may work best as your company grows. Consider each of these contributors to make sure you’ve maximized the service you can provide your customer and your own business advantage.

Tip #3: Know What Is Required of You and Your Customers

Most leasing companies will allow you to include services outside of the equipment cost such as warranties, installation, and training. A majority of leasing companies will want to keep these costs under 20% of the total cost of the lease of equipment. Some leasing companies will go as high as 50%. It’s a wise business choice to discuss the options with your potential partner upfront so they understand your business.

Pre-funding is the ability for the vendor to advance funds on the contract as soon as the contract is sent back to the leasing company. Some companies will advance 50% and some as high as 100%. Let your leasing company know your specific cash flow needs, along with your desired delivery time. A leasing company might not want to advance funds if it takes 6 months for your product to deliver and install, but if you have a shorter window, like 2 weeks, they should be willing to advance you funds.

Leasing companies can also use a residual to help lower your customers’ payments and give them the ability to return the equipment at the end of the lease, or purchase if they like. The purchase option is an excellent way to create a selling opportunity for you at the end of the lease. Some companies will also allow the vendor to re-purchase the equipment from the leasing company.

Tip #4: Staying Safe & Smart

- Ease of Contract
Ask to see a copy of the contract the leasing company uses for funding. Make sure that you understand the terms and the options for your customers. If you are well informed with the leasing contract, the smoother the process will be to get the equipment you need for your company to excel. It is also important to understand the implications of the contract, such as notification policy for residual payment and purchase options. Most companies have easy to understand lease contracts, but be aware that some have hidden conditions.

- Get References
Ask the leasing company you’re working with for references. Compare other leasing companies to find similar dollar amounts and annual sales amounts so that you can find the leading leasing company that complies with your business.

- Check for Qualifications
Whichever you choose, make sure they are members of at least one of the leasing associates such as NAELB, UAEL, EAUL, or ELFA.

- Don’t Let Your Customers Go it Alone
At a minimum, you should have a leasing company to refer your customers to if you don’t have an established relationship. Any effort you make now to create a relationship will pay off in big dividends. Having financing options shows your customer that you care about their needs.

The world of equipment leasing does not have to be intimidating or a black box process. By taking a few minutes to talk to leasing partners, you will see the process is very easy. Like any relationship, especially in business, it is important to make sure you know what you need and what you want.

By knowing this, you can provide your laundry list and see if the leasing company can accommodate you or at least meet you halfway. It has been demonstrated over the years that companies that offer leasing sell more equipment. Equipment purchasing and leasing go hand-in-hand because it’s all about cash flow, and the relationship between your customer, your company, and the equipment leasing company of your choice.

Tom Williams is President and CEO of eLease.com. eLease provides equipment leasing and equipment financing to a wide variety of businesses and can be found on the web at http://www.elease.com

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Traders are on a constant search for the best Foreign Exchange trading softwares. With too many of them in the market, one may feel a little bit overwhelmed with the choices. However, you need not worry since this article will give a quick summary of the best and tested software there is in the industry.

Forex Tracer surely rings a bell when it comes to the best automated Forex exchange trading software that would laboriously work round the clock in order to rack up profits.

Specially made by people who are making it big in the industry, this system has been created after years of various studies on how Forex trading operates. Working based on the secrets of these trading gurus, Forex Tracer will automatically buys and sells currency so owners can let go of the fear of committing human errors.

Forex Brotherhood is a highly acclaimed software that gives the trader the chance to continue with the normal affairs of his life without even thinking about his trading activity because someone that is error-free is doing the decision for him.

It comes with a membership to one of the most dedicated organization to trading so you can as well seek real information from real traders.

It is up to you to decide which among the two you will choose. Of course they are available with a price but seeing the benefit that one can reap from it is actually enough to keep you going and trying the service of any foreign exchange trading software as realizable and dependent as these two. A little secret to spill; these two softwares are the fastest Forex profits systems there is!

I personally started out with this remarkable and easy to use automated trading software named Forex-Brotherhood. And amazingly, it made my work so simpler and make my Forex trading so hassle free that now I Literally earn money on auto pilot after 1-2 months of set up. You can Check this and some other great software and it reviews – http://revenueboosterz.com/forexsoftwarereview.html

To know more about Forex trading and automated software click here FOREXROBOTREVIEWS

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Beginning or expanding a business can be an exciting venture. But to do so successfully, a business owner is going to need capital. That comes from either the owner’s personal check book or financing extended through a bank. To secure financing through a bank, a business owner must understand the 5 C’s of Credit. These guidelines are used by financial institutions as a way of analyzing a borrower’s request for a loan. The 5 C’s: Cash Flow, Collateral, Capital, Character and Conditions are the major elements a bank uses to examine a business and its owner during the loan process. Each can have an impact on a funding request.

Cash Flow
A business owner may feel he or she needs additional capital to run a business, but they must also demonstrate the ability to repay the loan being considered. In determining this, a bank will analyze the company’s projected and historical cash flow in comparison to its debt. A commonly used method, the “EBITDA” ratio looks at a business’ Earnings Before Interest, Taxes, Depreciation and Amortization. Broadly speaking, it’s the measure of the cash flow generated by a business. This is the cash flow available to repay the debt once the company has met its other payments required to sustain the business.

A bank may also be interested in how much capital has been invested by the owner, which requires calculated risk. Financial statements and personal credit assist bankers in knowing how much an owner’s personal resources can support the business as it is growing. For companies that have yet to make a profit, elements such as an excellent customer list and payment history also come in to play. Bottom line: the business should be perceived by a bank as solid.

Collateral
Bankers also look at collateral, or the secondary source of repayment. Collateral are assets offered by a company as an alternate repayment source. Typically these assets include real estate, accounts receivable, inventory, and equipment. In a liquidation scenario, accounts receivable can be used to pay down a loan, while equipment and real estate can be sold to generate income to pay down the loan as well. Until a business is established, a business owner will need to pledge collateral that may be linked to personal assets, such as a house. No one wants to be in the position of losing a home because a loan has turned sour. A business owner needs to think carefully about how he or she will handle the collateral element when borrowing money from a financial institution.

Capital
Banks essentially are looking for sufficient equity in the company on the part of an owner. Sufficient equity can aide a business when times are soft. It’s important a company be able to sustain itself during tough times. Additionally, banks want assurance that an owner is truly invested in the company and will do what it takes to turn things around if cash flow becomes a problem. When examining capital, banks typically analyze the company’s total liabilities compared to equity, or the Debt to Equity Ratio. Most banks like to see the Debt to Equity Ratio no higher than 2 to 3 times.

Character
It’s not hard to understand why investors want to invest with those who possess impeccable references and credentials. This is where the character of the loan applicant comes in to play. While the character card can be challenging to assess, a bank will carefully review business and personal credit reports, as well as communicate with vendors regarding a business owner’s dealings with them. Owners need to demonstrate that they are indeed effective leaders and can conduct themselves professionally in challenging times. Securing a business loan from a bank is based on trust, to a large extent. Banks need to know that a business owner will act in good faith at all times to honor any and commitments.

Conditions
Bankers must always take a look at current economic conditions surrounding a business as well as issues surrounding its industry to determine key risk factors. It’s important, therefore, for the owner to make evident the ability to manage these risks to ensure the future viability of the business. Banks will examine the competitive landscape of the company, customer and supplier relationships, and other industry factors that may impede the company’s growth. Business owners should be prepared to describe the primary threats to the business and what measures are being taken to protect the company from these risks.

The 5 C’s of Credit form the back bone to a bank’s analysis when considering a request for a loan. A clear understanding of a bank’s requirements should help a loan applicant be prepared to provide appropriate information and successfully position the company in a way that results in the approval of a loan for the future growth of the business.

American Momentum Bank is a progressive, Florida based bank that strives to offer a deep understanding of our commercial, retail and online banking clients’ immediate and long-range goals, unparalleled personal service, and solutions tailored to our Clients’ specific needs. Experienced, professional management and Associates, combined with flexible decision making, is essential to the success of our Clients. Our banks’ success is a result of our Clients’ and Associates’ success. For more information, please visit http://www.americanmomentumbank.com

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There are two camps that most Forex traders tend to belong to: Fundamental analysis and technical analysis. What Forex trading strategy you choose largely depends on where you line up in the two camps. For currency traders that rely on the fundamentals to make their plays, there are a series of good and reliable strategies that can be employed. However, I want to concentrate on the other camp. We will look at a winning Forex strategy that is based in solid technical analysis.

First, start off your day by checking out the Relative Strength Indicator (RSI) on each currency. What you are looking to determine is whether or not a currency is oversold. If it is then we have our ears up and look to possibly confirm this as a potential move in the long direction. However, if it is overbought then we are looking to possibly short the currency but this is just preliminary. Remember, just because a currency is oversold or overbought does not mean very much, it simply tells us there is potential to move in a certain direction.

Second, we look at the 200 day moving average as this is also a helpful indicator as to whether a currency is about to move in a certain direction. This is my favorite technical indicator because it is what the “Big Money” moves on so often.

Lastly, we look to see what our trading signals are telling us. If it all lines up then you have yourself a winning Forex strategy. If you do not currently have a good, reliable Forex software program that provides reliable trading signals then I have provided a review of the three leading software programs at the bottom of the page, I am sure it will help.

Good trading ahead.

Get an Objective Review of the Most Popular Forex Trading Software Programs. Winning Forex Trading Strategy is the place to visit.

See What Forex Trading Software REALLY Works! forex-trading-system-review.com is the place to visit.

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The UK mortgage and home loans industry is currently in the middle of pretty much the worst period the market has ever seen. Finding a cheap home loan is more difficult than it ever has been previously, and now more than ever, if you are looking for a cheap home loan, it is the time to get a top secured loan broker to assist in finding the best deal out there for your circumstances by searching the whole market on your behalf.

Unfortunately many of the most competitive lenders have pulled out from the market due to the worsening credit crisis and the limited availability of funding. However, deals can still be found and luckily there are still a good handful of lenders who are prepared to offer cheap home loans for customers looking to raise cash using the equity in their homes as collateral.

The best place to start searching for a cheap home loan by far is the internet. With so many secured loan brokers now online you will be spoilt for choice, although beware of less reputable companies who do not deal directly with one broker, as more often than not they will just sell your details onto any company and you won’t know who will be calling you to discuss your loan requirements until they finally do.

However it is not all doom and gloom, if you use a broker that has full regulation permissions, ranks well on the top search engines and clearly states what processes they use then you can’t go too far wrong.

With many lenders still offering home loan rates of between 6.9 and 8.9% for clean credit customers and even deals available for people with a poor credit history (if you have sufficient equity in your home) than you should have a selection of loans available to you whatever your circumstances.

This article was written by Gary Taylor, a representative of Rate Hunter Limited, owners and operators of http://www.searchandapply.co.uk a UK Secured Loans Comparison Site.

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For some people, Forex trading might look like a game, some may say they just need to play it as long as they have the basics, but do you think their basics are sufficient?

When you feel that you are the newcomer or amateur in Forex trading, let me tell you, this is not as complicated as you think The only things you got to have is a passion to focus,learn,and do it.

I would like to share 5 must known secrets for amateur in trading forex which I revealed as pro Forex trader :

1. Choose a friendly use system program.
A friendly use system program is the one that easily understandable and make all the things look simple even though in fact it’s difficult to understand by an amateur Forex trader.
Never buy the complicated program, unless you want to make yourself confused which in the end will make you regret buying that system program.

2. Understand the method of your program.
This is the significant thing you have to know, because you are going to trade and get into the Forex trading as soon as possible. Make sure that you had fully understood the method and benefits of your program to make you feel more confident taking a further decision.

3. Make a plan to trade and work smart.
You need to prepare a plan before trading, for example will you do a day trade or not?
In every situation you faced, make a smart plan which adjust to the current situation!

4. Do not depend only on one automated program.
As we know everything has its own weakness, so does the program. We should not only rely on one Forex automated program. You need to cover up the weakness of your program, thus look for another program which can complement the weakness of the current program.
Another good point is, you can examine, compare the analysis and end up with a better result from different sources. It makes you have a better and more accurate decision. You will feel convinced with two or more suggestions rather than one, right?

5. Do not involve too much emotion.
If you want to keep your money safe, better do not involve your emotion. To make yourself controllable, firstly you have to make your own plan and commitment to be followed. For example “do not be too greedy, think clear” that’s why many well known Forex traders create automated softwares for Forex trading. You can set your entry and output level into the software. Remember, don’t be greedy! You have to discipline and stick to your trading plan.

Find out here – the comparison of the best 5 automated Forex system

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I began my first forex trade three years ago, at this time, information sources of trading available were very limited, I could not get the the suitable information on online forex course for free trading to allow me to begin a live forex trading successfully, all my sources of information and trading strategies were obtained from forex forums posts and the trial and errors of former forex traders and their trading strategies, which were evolved to suit their needs and their potential financial capabilities.

I had a long time with a forex demo account for several months, I did not dare to enter into a real live forex trading, because my capital was very limited, and there were no free online forex courses which I can get to help me in my trading. But one day I landed on a website which sell a forex training course package, this website claimed that the its strategy results in a profit rate around 80% in all cases, I read more on this course enough to to be motivated to buy it, especially its price was very suitable to me ($99 total for the 5 ebooks). Once I got the ebooks, I began reading every single word in them with voracity, and – for honesty – it was the first time for me to read in details about forex money management and risk management and their vital rule in forex trading, but this was all I had gotten from this course, nothing otherwise.

I tried to contact the author of the forex course to query him about several points regarding his training program, and guess what? I did not get any response from him, I contacted him up to 10 times, however I did not hear one word.

This was the lesson #1 I learned: It is not about the training program, it’s about the AUTHOR of this program, is he alive man? is he a real forex trader OR: he’s just a teacher of theoretical lectures in forex trading!

The lesson #2 I learnt was: What is degree of the technical support provided after purchasing his forex training program? shall I find him when I need him?

After a whole year, I would have left almost forex trading and preoccupied by other businesses, but one day while surfing on the internet, I found by accident the Forex Mentor website, and once landed on the main page, at the first sight I cynically laughed and said to myself: “Another Scam!!”

However, I started reading all the information on his training program and the main idea behind it: Pivot Points. I began once again thinking seriously to return to forex trading, and decided to purchase this program of Peter Bain, but for the first glance, I was disappointed for its high price ($495 for a hard copy on CDs, or $349 of the digital copy). After a short time of deep thinking and trying to decide whether I’ll buy or not, I said to myself, I lost in the forex trading in the past several thousand of dollars, let them be several thousand PLUS $495!!

I read every word on the Forex Mentor Website, I collected every information available about the Author (Peter Bain) and his history in the forex and stocks market, I read many indpendent reviews about this course. Despite of that, The most important factores encouraged me to buy forex mentor course were as the follows:

The Concept of Forex Mentor Trading System

1- The Program Author: Peter Bain, I read a lot more about him on the internet and on his long experience in the area of trading in stocks, currencies, and the large number of successful traders who trained by him who achieved good trading results with the favor of his forex trading advises.

Peater Bain has developed a very successful trading strategy based on Pivot Points, which depends primarily on the concept of support and resistance: When you see price violate a pivot point convincingly, there are automated trading systems out there that automatically kick in and buy or sell, depending upon where price is going. So, in essence, these two factors alone account for why other indicators are left breathing dust. Bar patterns, MACD divergence, different time frame readings, and trendlines are definite precursors to price changing direction but, in the final analysis, where price is in relation to its nearest pivot point, is the big clue. Tie all these indications together, and you are sure to out-fox price’s next move.

2- This coach always exists whenever you need him, he provides One-on-one feedback, he believes that every forex trader trainee has different needs and requires special attention, this feature adds high value to his forex training program.

3- Members only forum, where members can talk just about everything related to the Forex market and the Forex training program. This is the most important characteristic of this program, getting in touch with other forex traders add to your learning experiences.

4- Free membership for 6 months ($ 199 value) membership alone equal times the value of this course, after the period of six months, you will be deducting $100 for renewal, through this membership you will receive on a daily basis the following material:

• Daily Video Questions and Answers – That’s right! I will personally answer your email trading questions via live streaming video. You probably think we’ve gone off the deep end! But again, we are fully committed to your success!

• Daily Trading Examples and Reviews – Success by repetition! Everyday, I will illustrate successful forex trading techniques using the most recent trading markets. These videos streamed to your PC put you right in front of the action! No more reading static charts and text. You can watch these videos any time for as many times as you like.

• Daily Pivot Data for the 6 Major Pairs – We calculate the daily pivots for all the major currency pairs & make them available to you. So you don’t have to do the work!

• Forex Online Pivot Calculator – Fine-tune your forex trading by calculating your own pivot points. Trade other markets using these same pivot point principles.

• Meet Local forex traders in your area through one of our dozens of local user groups all over the world.

• Member Discussion Forum – Discuss forex trading strategies and tips with thousands of other like-minded traders from around the world in our member discussion forex forum.

Fore more Details on the Forex Mentor Course Components: http://www.4x-course.com

Author: Hatem Serag – For more Tips and Ideas about the Best methods to start trading Forex Successfully please visit my websites: http://www.eforexcourse.com – for more details on the top rated forex training courses please visit: http://www.eforexcourse.com/forexmentorcourse.php

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These days the rising costs for everything from housing, fuel, and food have become a fact of life and many of us are considering taking a second job in order to make ends meet. The costs for gasoline and diesel have reached new highs lately and this has driven up the price for just about everything else. Higher fuel costs mean higher transportation costs and these costs are passed on to you each time you make a purchase.

Many families today are feeling this pinch and are looking for ways to effectively deal with rising prices. Rising unemployment is an added concern. This can be a particularly devastating to those workers laid off especially if you are the primary bread winner in your family. With over 463,000 layoffs in the US alone so far this year, an ever increasing number of us would be glad to have any job at all.

The double whammy of rising costs and a sluggish economy has put many of us in a financial bind.

Getting a second job may be an option for some to get out of their personal financial tight spot but not everyone is in a position to take on a second job. Single parents are especially hard hit because the cost of providing care for their children while they are at work many times cuts too deeply into their paycheck to make taking a second job worthwhile.

Some would say that you could always start your own business. This may be true but starting a business takes a great deal of time and usually a considerable amount of money and there is still no guarantee that the business will survive let alone become profitable. Besides, you need money right now, not three of four years from now or whenever your new business happens to become profitable.

Several options are commonly considered. One such option is to seek a pay raise at your existing job. This option can work if you have positioned yourself at your current workplace as having earned a raise and your company is in a financial position to grant your request. Not all companies have the financial resources to offer pay raises due to the tightening economy in general. As a matter of fact, an increasing number of companies are actually reducing their workforces and laying off workers.

Another option commonly pursued is to take a second job in hopes of gaining ground in the face of rising prices. This option can work if you have the time and energy to follow through with this plan. Naturally, you would need to locate an employer able to offer you gainful employment. In our presently tight economy the pool of such employers looking to hire part time workers is rapidly shrinking.

Taking a second job for a great many workers simply is not possible due to the limitations of time, personal energy, or family obligations. Caring for younger children or older family members takes time and paying for these services many times costs as much or more than what can be earned through a second job.

What is an honest person to do?

Answer: Shift your thinking.

Consider this: Right now, if you have a job chances are you are trading your time and energy for your paycheck. In other words you are trading time for money. In most cases the more hours you work – the more money you have coming in.

But there is a rub.

You only have a fixed number of hours per day to work. You are limited as to the maximum number of hours you have available to trade for money. Especially if you currently working full time.

What I suggest is a shift in the concept of trading time for money.

In other words, what you need is a method to increase your income that does not require you to punch a clock and trade your time for money.

Sound impossible?…

No not at all…

Introducing the world of Automated Forex Trading. Automated what?…

Forex… Forex is short for Foreign Exchange. The buying and selling of international currencies. Forex is no longer just for wealthy capitalists and institutional traders. The days of treating Forex as the exclusive domain of the super rich investor are long gone. Nowadays, anyone with a few hundred dollars and access to a computer can trade Forex.

The real beauty of Forex is that it is the ideal recession proof opportunity.

Let me explain…

Your ability to make money with Forex is independent of the condition of your native country’s economy. The reason for this is simple. In Forex, currencies are paired together. If one of the paired currencies goes up in value then naturally the value of opposing pair must go down.

Picture a child’s see saw for a moment. When one end of the see saw goes up – the other end of the see saw goes down right? Basically this is what happens in the Forex market.

There is a natural volatility to the Forex market. This volatility coupled with the see saw effect gives rise to the situation where there is always a Bull Market in Forex. What this means to you is that potentially profitable trading opportunities are plentiful. In other words, you can do quite well in Forex trading in spite of the fact that the economy of your native country may be sluggish or in a down turn.

This is great news for thousands of people who would not otherwise have a method for improving their financial lives.

Forex Traders participate in literally the world’s largest market. Current estimates are that between 1.5 and 3 Trillion Dollars a day are traded on the Forex. Let me repeat, that’s a daily trading volume in the Trillion’s. That’s Trillions with a “T”.

Isn’t Trading Forex complicated and difficult?…

If you are trading Forex manually then you will likely need very good technical analysis ability as well as a sound understanding of the economic forces that drive world currency markets. This takes skill and time to develop.

On the other hand, what we’re talking about here is using a software program known as an “Expert Advisor” to evaluate trading opportunities and place your trades automatically.

Here’s what I’m talking about…

Thanks to recent advancements in computer and trading technology, we now have available what are known as “expert advisors” (EA’s for short). In Forex, an expert advisor is a software program that runs inside your trading platform. A well designed EA looks for a predetermined set of market conditions. When those market conditions are met, the EA places trades Automatically. Once the trade is placed, the software then waits for a selected profit point to be reached then closes the trade. This process is repeated over and over endlessly unless, of course, you tell the software to stop.

What this means to you is that you can basically set up the software on your computer and let the software trade Forex for you while you do other things. Go off to work, spend time with the family, or just plain goof off.

This is how you can break out of the confines of trading time for money – Trade Forex for Money!

A note of caution: Not all EA’s are the same. The ease of use and effectiveness of EA’s varies widely and you need to demo trade and/or back test each EA you are considering using before you go live with your own money.

Disclaimer – This article is for educational purposes only. It is not offered as investment advice. The reader assumes all responsibility for any and all profits or losses incurred by his or her trading activities.

David R. Jaymes is a Writer and Forex Trader. He graduated from the University of Maryland, USA with a degree in Agricultural and International Economics. He has prepared a Special Free Report that shows you how easy it is for you to use the exact techniques used by today’s most successful traders. To get your Free Report, head on over to: http://www.4x-rox.com

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