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Friday, November 9, 2012
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Plan For Entertaining At Thanksgiving | Tony and Kris Official Website
10 Easy Thanksgiving Tips for Entertaining
The Thanksgiving holiday is the perfect time to entertain with family and friends. The idea of gathering together at your home is a wonderful way to give thanks and appreciation to your loved ones. Even though the idea of planning, buying, cooking, serving and entertaining may seem a little daunting, there are always easy ways to simplify entertaining. Read on for 10 easy ideas to help you entertain in style and actually enjoy the holiday too!
1.) Accept help from others: While this seems like a simple concept, the misconception that the host/hostess has to do everything is not true. If you are hosting the big meal at your home, ask for help in an area that you feel weak in. If you are good at cooking, but not planning the details of the meal, ask for help from a neighbor or friend.
2.) Search now for deals: To save money and avoid the rush, start looking for holiday sales on holiday foods. Most stores will have displays already up and if you buy a few key ingredients each time you visit the store, you run less risk of the store running out of key ingredients, like cranberries!
3.) Plan your holiday table: The night before Thanksgiving is too late to plan what your table will look like. If you prefer a formal table, assure table linen, napkins, and dinnerware is clean and polished. For a casual table, assure you have the appropriate number of settings for everyone.
4.) Invite guests early: Start making your guest lists now and inviting them. This will help you plan a menu and will give time for your guests to check their calendars. Often time?s people wait until the last minute for Thanksgiving invites, and then are disappointed when guests have made prior plans.
5.) Ask guests to bring a dish: If the thought of preparing the Thanksgiving meal is a little menacing, why not ask your guests to bring a dish? Plan how many people you will have and ask each member to bring a certain item. Keep a running list so you don?t have 20 turkeys and no side dishes!
6.) Ask guests about diet regimens: To ensure everyone can partake in the delicious meal, ask for any diet and/or restrictions they have in advance, so you can plan the menu accordingly. If you aren?t sure what to serve those that have a restriction ask them for suggestions as to what they?d prefer to eat.
7.) Plan for children: Unless your event is restricted to adults, children will need to have activities to do while the parents are socializing. Plan an area with toys, educational items and a television if possible. This will keep everyone happy and help the day be more enjoyable for all those involved.
8.) Plan seating arrangement: If you plan on having a formal meal with assigned place settings, plan this early to avoid a last minute stressful chore. Even if your meal will not have assigned seating, ensure you have enough seats and you consider where children and adults will be seated.
9.) Cook early: Start preparing desserts and side dishes now and freeze the items until a few days before Thanksgiving. This will help you space out the holiday cooking and keep you from getting tired out.
10.) Enjoy yourself amongst your guests: This season is for enjoying your loved ones. If the thought of cooking is too much, consider hiring a caterer or buying food out and heating it up. Grocery stores and restaurants often have Thanksgiving meals you can buy in advance, to make you look like you did all the work!
These 10 tips will help you enjoy the holiday and enjoy the preparation. After all the planning, cooking, and entertaining is what makes the holidays special. Start planning now and reap the benefits from seeing your guests have big smiles on their faces when you offer your hospitality. Holiday entertaining can be better than you imagined.
Freshome reader?s how do you prepare for the holidays? Have any tips for us? We always enjoy hearing your comments.
Source: Freshome
Source: http://www.tonyandkris.com/2012/11/09/planning-for-entertaining-at-thanksgiving/
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Obama: Americans agree with my approach on deficit
WASHINGTON (AP) ? President Barack Obama, laying down his marker for grueling "fiscal cliff" negotiations, said Friday he won't accept any approach to federal deficit reduction that doesn't ask the wealthy to pay more in taxes.
"This was a central question during the election," Obama said in his first postelection comments on the economy. "The majority of Americans agree with my approach."
Following up, Obama's spokesman said later that the president would veto any legislation extending tax cuts for families making $250,000 or more.
The president, speaking in the White House East Room, said he wasn't wedded to every detail of the plans he outlined during the election, adding, "I'm open to compromise." But he offered no indication that he was willing to back down.
Republicans stood their ground. At the Capitol, Republican House Speaker John Boehner said he remains unwilling to raise tax rates on upper-income earners. But he left open the possibility of balancing spending cuts with new revenue that could be achieved by revising the tax code to lower rates but also eliminate some tax breaks.
Obama said he had invited congressional leaders of both parties to the White House next week for their first postelection negotiations. Their assignment: avert the "fiscal cliff" tax increases and automatic spending cuts due to hit in January. Both parties agree that those changes, the result of failed deficit-cut talks earlier this year, could send the economy back into recession.
He avoided any mention of actual tax rates in his remarks, saying only that the wealthy should pay more. That omission might seem to open a door for negotiating, but spokesman Jay Carney's statement on the likelihood of a veto suggested otherwise.
Both sides agree that failure to address the automatic tax increases and spending cuts could cripple the economy. A Congressional Budget Office report on Thursday projected that the economy would fall back into recession if there is a protracted impasse in Washington.
Obama and Republicans have tangled over the tax cuts first approved by George W. Bush for years. The president gave in to Republican demands to extend the cuts across the board in 2010, but he ran for re-election on a pledge to allow the rates to increase on families making more than $250,000 a year.
Republicans say raising tax rates on the wealthiest Americans is a non-starter. Boehner said it would hurt small businesses while they are still struggling to recover from the recession.
"I'm proposing that we avert the fiscal cliff together in a manner that ensures that 2013 is finally the year that our government comes to grips with the major problems that are facing us," Boehner said Friday. He said cuts to Medicare, Medicaid and food stamps, known as entitlement programs, have to be part of the equation.
Boehner also indicated that raising the debt limit, which the government will reach sometime in the spring, should be part of any negotiations. Pressed for details beyond that framework, he said he didn't want to limit ideas to address the problem. He said the burden is on Obama.
"This is an opportunity for the president to lead," Boehner said. He repeated a version of that phrase four times during the 11 minutes he spoke. "This is his moment to engage the Congress and work toward a solution that can pass both chambers."
Some analysts believe that the "cliff" is more like a fiscal slope, that the economy could weather a short-term expiration of the Bush-era tax cuts and the government could manage a wave of automatic spending cuts for a few weeks. But at a minimum, failure to reach some resolution would mean delays in filing taxes and obtaining refunds and would rattle financial markets as the economy struggles to recover.
The congressional budget analysis said the automatic tax increases and spending cuts would cut the deficit by $503 billion through next September but the fiscal austerity would cause the economy to shrink by 0.5 percent next year and would cost millions of jobs.
The new study estimates that the nation's gross domestic product would grow by 2.2 percent next year if all Bush-era tax rates were extended and would expand by almost 3 percent if Obama's 2 percentage point payroll tax cut and current jobless benefits for the long-term unemployed were extended as well.
All sides say that they want a deal and that now that the election is over everyone can show more flexibility than in the heat of the campaign.
On Thursday, Sen. Chuck Schumer, D-N.Y., hinted Democrats might show some flexibility on demands to increase the top income tax rate from 35 percent to 39.6 percent for upper-income earners ? provided the middle class doesn't bear the burden by curbing tax breaks to pay for it.
"If you kept them at 35 it's still much harder to do, but obviously there is push and pull and there are going to be compromises," Schumer said. "The president's view, my view and the overwhelming view that we ran on, and succeeded on, and the exit polls show that the American people agreed with us on is let the rate go to 39.6 for the highest-end people."
The current assumption is that any agreement would be a multistep process that would begin this year with a down payment on the deficit and on action to stave off more than the tax increases and $109 billion in across-the-board cuts to the Pentagon budget and a variety of domestic programs next year.
The initial round is likely to set binding targets on revenue levels and spending cuts, but the details would probably be enacted next year.
While some of that heavy work would be left for next year, a raft of tough decisions would have to be made in the next six weeks. They could include the overall amount of deficit savings and achieving agreement on how much would come from revenue increases and how much would be cut from costly health care programs, the Pentagon and the day-to-day operating budgets of domestic Cabinet agencies.
Source: http://news.yahoo.com/obama-americans-agree-approach-deficit-183016532.html
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Given 2nd term, Obama now facing new urgent task
WASHINGTON (AP) ? President Barack Obama faces a new urgent task now that he has a second term, working with a status-quo Congress to address an impending financial crisis that economists say could send the country back into recession.
"You made your voice heard," Obama said in his acceptance speech, signaling that he believes the bulk of the country is behind his policies. It's a sticking point for House Republicans, sure to balk at that.
The same voters who gave Obama four more years in office also elected a divided Congress, sticking with the dynamic that has made it so hard for the president to advance his agenda. Democrats retained control of the Senate; Republicans kept their House majority.
House Speaker John Boehner, R-Ohio, spoke of a dual mandate. "If there is a mandate, it is a mandate for both parties to find common ground and take steps together to help our economy grow and create jobs," he said.
Senate Republican Leader Mitch McConnell of Kentucky had a more harsh assessment.
"The voters have not endorsed the failures or excesses of the president's first term," McConnell said. "They have simply given him more time to finish the job they asked him to do together" with a balanced Congress.
Obama's more narrow victory was nothing like the jubilant celebration in 2008, when his hope-and-change election as the nation's first black president captivated the world. This time, Obama ground it out with a stay-the-course pitch that essentially boiled down to a plea for more time to make things right and a hope that Congress will be more accommodating than in the past.
Even his victory party was more subdued. His campaign said Wednesday that 20,000 people came to hear his speech in downtown Chicago, compared with 200,000 four years ago.
The most pressing challenges immediately ahead for the 44th president are all too familiar: an economy still baby-stepping its way toward full health; 23 million people out of work or in search of better jobs; civil war in Syria; a menacing standoff over Iran's nuclear program.
Sharp differences with Republicans in Congress on taxes, spending, deficit reduction, immigration and more await. While Republicans control the House, Democrats have at least 53 votes in the Senate and Republicans 45. One newly elected independent isn't saying which party he'll side with, and North Dakota's race was not yet called.
Obama's list of promises to keep includes many holdovers he was unable to deliver on in his first term, such as rolling back tax cuts for upper-income people, overhauling immigration policy and reducing federal deficits. Six in 10 voters said in exit polls that taxes should be increased, and nearly half of voters said taxes should be increased on incomes over $250,000, as Obama has called for.
"It's very clear from the exit polling that a majority of Americans recognize that we need to share responsibility for reducing the deficit," Maryland Rep. Chris Van Hollen, the top Democrat on the House Budget Committee, told CNN. "That means asking higher-income earners to contribute more to reducing the deficit."
But Sara Taylor Fagen, who served as political director in President George W. Bush's second term, warned the current White House to pay heed to the closely divided electorate, a lesson her party learned after 2004. With 98 percent of precincts reporting, Obama had 50 percent to 48 percent for Romney.
"It'll be interesting if the Obama team misinterprets the size of their victory," Fagen said. "I think if you look back at history, we pushed Social Security and the Congress wasn't ready for that and wasn't going to do it. And had President Bush gone after immigration, we may be sitting in a very different position as a party."
Obama predicted in the waning days of the campaign that his victory would motivate Republicans to make a deal on immigration policy next year to make up for having "so alienated the fastest-growing demographic group in the country, the Latino community."
Former Mississippi Gov. Haley Barbour agreed that a lesson of 2012 is for his Republican Party to change the party's approach on immigration.
"Republicans say, 'We don't want to reward people for breaking the law,'" Barbour told CBS. "The way we need to look at it is, how are we going to grow the American economy and where does our immigration policy fit into that?"
Even before Obama gets to his second inaugural on Jan. 20, he must deal with the threatened "fiscal cliff." A combination of automatic tax increases and steep across-the-board spending cuts are set to take effect in January if Washington doesn't quickly reach a budget deal. Experts have warned that the economy could tip back into recession without an agreement.
Newly elected Democrats signaled they want compromise to avoid the fiscal cliff.
Sen.-elect Tim Kaine, a former Virginia governor who defeated Republican George Allen, said on NBC's "Today" show that voters sent a message they want "cooperative government." But he also says the election results show that the public doesn't want "all the levers in one party's hands" on Capitol Hill.
From Massachusetts, Elizabeth Warren said on "CBS This Morning" that those who voted for her opponent, Republican Sen. Scott Brown, expressed a desire for lawmakers to work together. She says: "I heard that loud and clear."
Obama repeated his campaign slogan of moving "forward" repeatedly in a victory speech early Wednesday in his hometown of Chicago.
"We will disagree, sometimes fiercely, about how to get there," he said. "As it has for more than two centuries, progress will come in fits and starts. It's not always a straight line. It's not always a smooth path. By itself, the recognition that we have common hopes and dreams won't end all the gridlock, or solve all our problems, or substitute for the painstaking work of building consensus, and making the difficult compromises needed to move this country forward. But that common bond is where we must begin."
Former Obama adviser Anita Dunn told "CBS This Morning" that the president made it clear in his acceptance speech that he will be reaching out, and she warned GOP House leaders, representing Ohio, Virginia and Wisconsin, to keep in mind that their voters also wanted to keep Obama.
"Clearly there's a lot of momentum and a lot of incentive for people to work together to really find answers to the challenges," she said.
One of those lawmakers Dunn was referring to was GOP vice presidential nominee Paul Ryan, the Wisconsin congressman who said Wednesday that he plans to return as House Budget Committee chairman. He'll be involved in negotiations with the White House over fiscal policy, while keeping an eye on a possible presidential run in 2016.
Even though the tea party lost some ground with defeat of some of the movement-backed incumbents, Obama still will have to deal with a large faction of those lawmakers in the House and Senate. Republican Ted Cruz, who handily won his race for a Senate seat in Texas with tea party support, said he plans on compromising only if Obama does the same.
"But let me be clear, if he doesn't, if he intends to continue down the path of the last four years, more and more spending and debt and taxes and regulations that kill jobs, then I will do everything I can to help lead the effort to stop that, because I think continuing down that path is damaging this country and would hurt an awful lot of Americans," Cruz said on CBS.
Obama's re-election means his signature health care overhaul will endure, as will the Wall Street overhaul enacted after the economic meltdown. The drawdown of troops in Afghanistan will continue apace. With an aging roster of justices, the president probably will have at least one more nomination to the Supreme Court.
A second term is sure to produce turnover in his Cabinet. Treasury Secretary Timothy Geithner has made it clear he wants to leave at the end of Obama's first term but is expected to remain in the post until a successor is confirmed. Secretary of State Hillary Rodham Clinton, Obama's rival for the presidency four years ago, is ready to leave. Defense Secretary Leon Panetta isn't expected to stay on.
Some Americans were hopeful for progress in Obama's second term.
"He may not have done a great job in my mind but I kinda trust him," Jerry Shul said Wednesday morning in New York's Times Square. "And I feel like he's gonna keep trying and I feel like when people keep trying in you favor things work out. I have faith in him, I have faith he will get with the Republicans and get something done."
Overall, Obama won 25 states and the District of Columbia. Romney won 24 states. Florida was too close to call Wednesday morning. The unofficial count had Obama with a 46,000-vote lead, but Florida historically has left as many as 5 percent of its votes uncounted until after Election Day.
___
Follow Nancy Benac on Twitter: http://www.twitter.com/nbenac
Source: http://news.yahoo.com/given-2nd-term-obama-now-facing-urgent-task-145056975--election.html
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The Beatles' Surprising Contribution To Brain Science
The Beatles rehearse for that night's Royal Variety Performance at the Prince of Wales Theatre in 1963.
Central/Hulton Achive/Getty Images iThe Beatles rehearse for that night's Royal Variety Performance at the Prince of Wales Theatre in 1963.
Central/Hulton Achive/Getty ImagesThe same brain system that controls our muscles also helps us remember music, scientists say.
When we listen to a new musical phrase, it is the brain's motor system ? not areas involved in hearing ? that helps us remember what we've heard, researchers reported at the Society for Neuroscience meeting in New Orleans last month.
The finding suggests that the brain has a highly specialized system for storing sequences of information, whether those sequences contain musical notes, words or even events.
But the discovery might never have happened without The Beatles, says Josef Rauschecker of Georgetown University. As a teenager in Europe, Rauschecker says, he was obsessed with the group.
"They were kind of the hot band at the time and I would listen to music while I was studying," he says. "My mother would say, 'Don't do that, you can't concentrate.' "
But Rauschecker ignored her. He says The White Album, Revolver and Rubber Soul seemed to become a part of his teenage brain, and the memory of which songs came in which order never faded.
"Years later I would put on one of these old LPs and then you know at the end of one track you immediately start singing the next one," he says, "as if it was all stored in your brain as a continuous sort of story."
That intrigued Rauschecker, who by this time was a brain scientist at Georgetown. He kept wondering which part of his brain knew the order of all those sequences of Beatles songs.
"The funny thing is that if you ask me now what comes after 'Michelle' or whatever I wouldn't know," he says. "It's not explicit knowledge. But if you hear it, then you can immediately continue singing it."
So a couple of years ago Rauschecker's lab did an experiment. It had volunteers bring in a favorite CD and lie in a brain scanner. Then the scientists watched what happened as the volunteers listened.
Sure enough, there was distinctive brain activity after each track ended. But Rauschecker says the brain activity wasn't where he thought it would be.
"You would think the brain part that is relevant for hearing would be the one that is mostly activated," he says. "But no, it was the motor areas. So that was quite surprising and puzzling."
So why had the part of the brain that works muscles been hijacked to remember music?
To find out, Rauschecker and a graduate student named Brannon Green did another experiment to see precisely what was happening as the brain learned a new musical sequence. This time, they put volunteers in a scanner and had them listen to atonal music generated by a computer.
At first the volunteers heard a single musical phrase made up of several notes, Green says. Then they heard that phrase again, followed by a new phrase.
"So what happens is by the time the entire sequence is played, the parts at the beginning have been repeated something like 30 times whereas the parts at the end have repeated once or twice," he says.
Brain scans showed that motor areas became active when people were hearing something new. But these motor areas were relatively quiet when people heard familiar notes.
"As you progressed to a familiar sequence, those areas became less and less important," Green says.
During familiar sequences, meanwhile, activity increased in areas involved in hearing.
All this suggests that areas involved in hearing can remember small chunks of notes, but it takes the motor system to put these chunks in the right order, Rauschecker says. And he says it makes sense that the motor system would be responsible for this sequencing function.
"Because that's what the motor system has to do when you do a dance sequence or you ski down the slope," he says. "You have to program your muscles to work in particular sequence, especially when you learn something."
Rauschecker has also found evidence that the motor system can step in to help retrieve a chunk of forgotten musical notes.
"When as a musician you get stuck in playing a piece on the piano you don't just continue," he says. "Usually you go back to a certain point and start over again because the sequence has to be somehow played out."
And that's possible with a little help from the brain system that moves our muscles.
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New Zealand won't sign 'Kyoto 2' climate treaty
WELLINGTON, New Zealand (AP) ? New Zealand's government said Friday that it would not sign on for a second stage of the Kyoto Protocol climate treaty, a stance that angered environmentalists and political opponents.
The announcement came the same day that Australia said it would stay the course and commit to "Kyoto 2."
The treaty aims to curb international greenhouse gas emissions through binding national reductions. But some question its effectiveness after many of the world's biggest polluters, including the United States and China, did not sign on.
New Zealand's climate change minister, Tim Groser, said he remained committed to emission reductions agreed to under the first Kyoto Protocol.
But Groser said the country would be better served in the future by joining the U.S., China and others in a nonbinding climate pledge under the United Nations Framework Convention. Those countries are working toward a new agreement that would take effect in 2020.
However, opponents said New Zealand's government was shirking its responsibilities and risking its international standing. Labour Party lawmaker Moana Mackey called it a "day of shame."
In announcing that his country would sign on for Kyoto 2, Australian climate change minister Greg Combet said in a statement that "Australia joins as countries around the world are taking action to combat climate change."
The Kyoto 2 treaty will run from 2013 to 2020.
Combet said it is vital that all countries make serious progress toward reaching the 2020 agreement, which would have legally binding reductions for all major polluting nations.
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Thursday, November 8, 2012
Loughner to be sentenced for Arizona mass shooting
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Source: http://news.yahoo.com/man-sentenced-mass-shooting-arizona-092120842.html
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Linda McMahon gives master class in false flag GOTV
Reports out of Connecticut on Election Day tell a tale of Republican Senate candidate Linda McMahon sure to go down in the annals of GOTV false flag operations.
McMahon's campaign is closing out the cycle with an appeal to urban and minority voters that looks and feels much like a Democratic campaign effort. Doorhangers call on voters to cast their ballots for President Obama as well as McMahon, promising the pair "will fight for us." T-shirts mimicking the election gear worn by members of the Service Employees International Union are being donned by pro-McMahon forces at polling places, again tying McMahon to Obama. They read "I Support Obama & McMahon November 6th." And "sample ballots" bearing McMahon's campaign bug are being handed out at some urban polling places with just two names on them: McMahon and Obama.
Nowhere does any of this material say McMahon is a Republican or is herself voting for Mitt Romney.
Voter confusion efforts are commonplace on Election Day, and both sides of the political spectrum have been caught playing fast and loose with ethics in the closing hours of a campaign. But McMahon's effort in stands out for sophistication and sheer chutzpah.
It's certainly raising eyebrows in Connecticut.
"Folks will talk about this for years to come if this deception works," Hartford Courant political reporter Rick Green wrote Tuesday.
McMahon's campaign tactic hangs on an eccentricity of election law in the Nutmeg State. She's listed as the Independent Party candidate for Senate as well as the Republican candidate. (Her Democratic opponent, Chris Murphy, is also listed more than once, appearing on the Working Families Party ballot line.) Her campaign is using her Independent Party status as the fig leaf to obscure her Republican roots and her support for Mitt Romney, which in addition to an endorsement includes $150,000 in donations to Romney's PAC from her and her husband, pro wrestling impresario Vince McMahon.
"Vote Barack Obama For President And Vote For Linda McMahon For U.S. Senate On The Independent Party Line," read her campaign's GOTV doorhangers distributed this weekend.
Her campaign took that a step further on Election Day. Staff in T-shirts closely resembling SEIU gear were spotted around urban polling places by local reporters. The McMahon campaign says that's no big deal.
"There are thousands of Democrats across the state of Connecticut who are supporting President Obama that are also supporting Linda McMahon today," McMahon campaign manger Corry Bliss told The CT Mirror. "We want to make sure their voices are heard," said Corry Bliss, her campaign manager."
The campaign did not respond to a request for comment on the sample ballots, which were noted by several reporters on the ground today as well as TPM sources in Connecticut.
Connecticut Republican Party chair Jerry Labriola said Monday that some in his party are upset by McMahon's operation. But he stood with his Senate nominee, saying her GOTV strategy was all part of appealing to an urban and minority electorate often overlooked by Republicans in the state.
"The McMahon camp is pulling out all the stops to win an election and it is one of the first efforts by a statewide Republican candidate to target voters in an urban area," he told the New Haven Register. "Some Republicans may not favor this tactic, but I'm confident that we will close ranks by Tuesday because there is so much at stake."
The Murphy campaign is unimpressed.
"Voters have been seeing President Obama on their televisions endorsing Chris Murphy for days," Eli Zupnick, a Murphy spokesperson, told TPM. "They are not going to be fooled by McMahon's desperate lies and last-minute tricks."
Here's a look at McMahon's GOTV efforts aimed at urban and minority voters sent TPM's way from folks on the ground in Connecticut.
Source: http://news.yahoo.com/linda-mcmahon-gives-master-class-false-flag-gotv-193938753--politics.html
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Forex Trading: What Every Trader Needs To Know - Search Forex
A second, or even third, income stream equates into more money for your wallet and less worry for bills or expenses. With the current state of the economy, millions are seeking financial relief. If you are looking for a second income and are thinking about forex trading, look no further than this article.
Open up a mini account when you start trading. This is the next step after practicing and uses real money in moderation. This simply allows you to test drive the market to see which trading techniques work best for you, so that you can see what will provide you with the best profits.
Try to avoid working in too many markets at the same time. Test your skills with major currency pairs before you jump to the uncommon ones. Trying to keep track of positions across many pairs will only confuse you and slow down the rate at which you learn about the markets. This may effect your decision making capabilities, resulting in costly investment maneuvers.
Be sure to steer clear from dealing with rare currency pairs. Popular currency pairs with high liquidity allow you to buy and sell almost instantly due to the number of people trading at any given time. By contrast, it is more difficult to find a trader who wants your rare pairs when you want to sell them.
TIP! Be sure to keep a notebook on you. You can scribble tidbits about the markets any time you find them, no matter where you are.
Analysis has its place, but a prudent overall trading strategy has much more of an effect on your success. If you take the time to understand the market fundamentals, you?ll be able to create a better trading plan and analyze the market more effectively.
Talking to other traders about the Foreign Exchange market can be valuable, but in the end you need to trust your own judgment. While you should listen to outside opinions and give them due emphasis, ultimately it is you that is responsible for making your investment decisions.
You need to be able to customize your automated trading system. You should be able to make changes to both your software and your system, in order for them to fit with your strategy. Make sure that your trading software has everything you will need, not only as a beginner, but as you get more involved down the road.
Always try a demo forex account before you invest real money. It generally takes a full two months to truly get a grasp on the principles that you are practicing with the demo account. Not very many people actually come out ahead at the beginning. The remaining 9 out of 10 are disappointed simply because they have not acquired sufficient know-how.
TIP! Learn about your chosen currency pair. Focusing on one currency pair will help you to become more skilled in trading, whereas trying to become knowledgeable about a bunch all at once will cause you to waste more time gaining info than actually trading shares.
You must protect your forex account by using stop loss orders. Stop losses are like an insurance for your foreign exchange trading account. Without a stop loss order, any unexpected big move in the foreign exchange market can cost you a lot of money. A stop loss order will protect your capital.
Some traders do so well, that forex trading completely replaces their day job. It depends on how good of a trader you wish to be. The first thing you should work on is researching and applying successful trading techniques.
Research your broker when using a managed account. You want a broker that has been performing at least on par with the market. You also want to choose a firm that has been open for more than five years.
TIP! Avoid following the advice you hear regarding the Forex market without thinking it through first. Some of the advice may work for certain traders during specific time periods, but there is no guarantee that it will work with your trading strategy.
Source: http://search-forex.com/forex-trading-what-every-trader-needs-to-know/
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