Forex Day Trading: Capitalizing on Short-Term Profits

Forex Day Trading: Capitalizing on Short-Term Profits
Many traders are turning to Forex day trading systems to
garner short-term profits, while eliminating certain levels
of volatility risk. Forex day trading strategies entail
entering and exiting the market several times within a
single day, making profits on small fluctuations of the
currency exchange rate. Given the multi-trillion dollar
turnover of the market, its liquidity and efficiency, there
is no better place for Forex than day trading systems.

Unending Market - Perfect for Daytrading

The basis of day trading is closing out all positions
before the close of the day's market. There is no long-term
speculation involved. Since Forex trading occurs globally
at all times during the day, an investor who wants to play
this market can make his or her own timetable. There is no
opening or closing bell as on the New York Stock Exchange.
You can use your Forex day trading strategies, whenever
it's convenient to you and the trade opportunities you see.

Forex Day Trading Uniqueness

Most investors take a long-term perspective. They have the
bigger picture in mind. Forex day trading strategies are
concerned with minute by minute fluctuations. Successful
Forex day trading systems seek out a clear short-term
currency move and try to take the proper position to follow
that momentum before it reverses direction.

Although there are many opportunities that present
themselves throughout the day, this type of Forex trading
is, nonetheless, risky. It can produce substantial losses
in a very short period of time. You should always be well
prepared with your Forex day trading strategies so as to
maximize profits and minimize losses.

Basic Forex Trading Strategy

Before entering any trade, you should have a loss limit
established beforehand. Always ascertain and determine how
much a move against you clearly shows that you were wrong.
Don't hope for the best, and always limit your losses. This
goes for profits, as well as losses. Once you have reached
your goal, you should exit. This being said, one should
always let their profits run and cut their losses short.
Educate Yourself

Forex trading, like in any endeavor, is best accomplished
by those fully prepared. Anyone interested in trading
should fully understand how the market functions. Success
cannot be achieved without proper education. The Internet
offers up plethora of sites giving complimentary tutorials
on all aspects of Forex trading. If you can devise the
proper Forex day trading system, the currency markets
provide great profit potential.

----------------------------------------------------
Andrew Daigle is the creator and author of many successful
websites including ForexBoost at http://www.ForexBoost.com
and http://forex-trading-system.typepad.com , Free Forex
Training Resource for the Novice and Advanced Forex trader.

Purchasing Group Health Insurance from the Chamber of Commerce or Chamber of Horrors

Purchasing Group Health Insurance from the Chamber of Commerce or Chamber of Horrors
If you are self employed, or are with coverage, you face a
big financial decision. Do you gamble right now in good
health, and hope you stay healthy? Do you lose saving money
now wagering on seeing too many family health members whose
health has seriously eroded? The choice is yours,
presenting some scenarios is mine.

Numerous people are thrilled to save $150.00 a year on home
insurance. Others rake in an extra $300 by finding a auto
insurer matching their demographics. But the king of
insurance savings is the $1,200 or more families can save
on buying group health insurance. Millions more people each
year qualify for group benefits on a plan covering 10 or
more members. If you have 1 to 9 members, you have another
great choice.

With few exceptions, you can join the local Chamber of
Commerce, and get on their group plan. Group Insurance
coverage when compared to similar benefit individual health
plans is often at least 10% as less costly. So if you were
quoted $1,000 a month for a family benefit group plan,
saving 10% equals $1,200.00 annually.

Only with an individual plan is your current health a major
issue of cost and insurability. Any major health condition
now or in the past will creep out to haunt you. For
individual health insurance, you may receive a counteroffer
to play 50% to 100% more for the health insurance.
Additionally any claims on your health coverage for
pre-existing and current health issues will usually not be
eligible during the first 180 days. Paying a couple grand
out of your own pocket is certainly neither a uncommon or
pleasant emergency expense.

Enrolling in the Chamber Of Commerce plan is the route to
go if you have current major health problems or
pre-existing health conditions. The Chamber plan MUST
accept you. And your current and past health flaws are
covered in zero to 90 days. All this, and even unhealthy
members pay the exact same cost as every other Chamber
member.

Now look at the negative side of the group coverage. A
Chamber established for a long time can be bad for you. Now
you have numerous members over age 55 with countless health
problems. Claims are constantly paid out, forcing rates to
rise. Each year the insurer looks at the claims paid versus
the benefits paid out. Your rates could zoom upward
suddenly and you may be trapped. Certainly, if now you are
one of the unhealthy.

Good health members, often opt for individual coverage when
rates soar. This causes the insured pool to shrink further
down to mainly medically prone members.. For those whose
health has declined, they have no way out.. After your
health declines, individual health insurance is no longer a
viable option. Trapped into Chamber horror rates are not
uncommon. Whenever the nightmare begins, there is one
positive note, just be thankful that the government is not
managing your important health future.

----------------------------------------------------
Don Yerke is the founder, marketing adviser, and article
writer at Direct Mail List Brokers. Explore the website at
http://www.direct-mail-list-brokers-marketing.com

. Tips,
secrets, advice, and intense research inspire you to read
more information. The site is crammed with beneficial
articles on obtaining quality leads, insurance agents,
marketers, firms, agent recruiters and sales letter
writers.Free information.

Who Should Use The New Self Employment Tax Returns In The UK

Who Should Use The New Self Employment Tax Returns In The UK
Anyone in business in the UK who is not incorporated into a
limited company must complete a tax return of their
financial affairs each year. For a number of years the
specific tax return to be completed by everyone self
employed was the self assessment tax return.

The new self employed tax returns were introduced quite
late in the reporting process being published at around the
end of the financial year, to which they relate, 2006 07.
This should not be a problem to those familiar with the
previous small business tax return as the format is similar
and presented in a simpler way to facilitate better
understanding and accurate completion.

Self employed businesses are not required to keep formal
accounts of the years financial transactions but must keep
sufficient financial records to justify and support the
financial entries made on the tax returns. While formal
financial accounts may not be essential requirements an
organised system of record keeping using bookkeeping or
accounting software is highly desirable to maintain
financial control.

The accounting system employed can be simple lists of
financial records supported by sales invoices, purchase
invoices and where applicable cash or bank records. The
essential support to all bookkeeping procedures are third
party documents received or issued to provide a full and
fair financial account of the business.

There are a number of rules to be taken account of as to
whether the full version of the tax return should be
completed or whether the short version applicable.
Generally most small businesses with an annual turnover
under 64,000 pounds would complete the short tax return
however there are specific exclusions where the full return
must be completed. The self employment (full) tax return
is required to be completed when the following conditions
apply and the self employment (short) tax return is
required where the conditions do not apply.

1. Sales turnover exceeds 64,000 pounds during the
financial year or exceeds an average of 5,333 pounds per
month if trading for less than a full financial year.

2. The accounting date to which accounts are made up has
changed in the last financial year.

3. The financial accounts have been declared in a previous
tax return.

4. The basis on which the accounts have been prepared has
changed from a cash accounts basis an accruals basis.

5. The self employment includes the provision of contracts
that continue into the following financial year.

6. Business is conducted outside the UK.

7. Agricultural or Industrial Buildings capital allowances
are being claimed.

8. The self employed basis period is different to the
accounting period.

9. Overlap tax relief is being claimed.

10. Averaging profit is being claimed by a farmer, market
gardener or creator of literary or art works.

11. Practising barrister or advocate in Scotland.

If none of the above conditions are applicable to the self
employed business then the self employment short tax return
may be completed.

The short tax return is a simplified version of the full
tax return. The main decision point being the 64,000 pounds
limit at which a full return is required which is also the
vat threshold for the financial year 2006 07. While a
future policy announcement has not yet been formally made
it could be the cut off point may be changed each year in
line with movements in the vat threshold.

For the financial year commencing April 2008 the vat
threshold was increased sales turnover of 64,000 to 67,000
pounds.

The short tax return also has an option to declare total
expenses as opposed to listing expenses under expenditure
type categories where the business income is less than
30,000 in the financial year.

Finally if the self employed person has more than one small
business a separate tax return must be completed for each
business. This rule applies even if a single set of
accounting records has been kept for all the businesses. It
is therefore appropriate for separate accounting records to
be maintained for each small business to simplify the
completion of the tax returns each year.

----------------------------------------------------
Terry Cartwright, produces Small Business Accounting
Software at http://www.diyaccounting.co.uk/ and Payroll
Software at http://www.diyasccounting.co.uk/payroll.htm for
self employed business that automatically complete an both
the short and full versions of the Self employment tax
returns.

Learn How You can make Money trading the Forex Market

Learn How You can make Money trading the Forex Market
There are many ways that you can make money in the forex
market. This discussion makes sure that you are considering
all your options when looking at Forex Trading as a money
making opportunity. After all, the main purpose of Forex
Trading is to make money.

There are so many forex traders that follow a particular
way of forex trading and in the end don't succeed in the
main goal of making money. This is because their ego, pride
and determination to succeed at a particular method has the
effect of blinding them to other forex trading money making
opportunities. Let's look at these Forex trading money
making opportunities in more detail.

Option 1:- The self trader is someone who generally
develops a personal money making trading method. This is
done by doing a few forex trading courses, reading a few
trading books, experimenting with a number of trading
techniques, demo trading and live trading until a personal
money making trading style is found. This is a long and
challenging process and it can take years to get there. It
is estimated that only 3 ' 5% of serious traders succeed in
making money. However once you are there you have developed
a money making skill for life. This approach to money
making forex trading takes considerable time and effort.

Option 2:- With the growth of part time traders (who mainly
have day jobs) an alternative to the above forex trading
money making approach has become very popular. Money is
made purchasing a proven packaged forex trading system. The
system is either delivered as a live course, as a book or
Ebook or even purpose built software. The idea is to then
merely follow the rules of the system by the letter.
Although not entirely for novice traders this approach has
the benefit using such a system is that it may have been
thoroughly tested and proven and could cut years off the
option 1 alternative. Some of the programmed money making
forex trading strategies (for example expert advisors) can
even be linked to your dealing station automating the whole
forex trading money making process completely.

Option 3:- Find someone who is already making money trading
the forex market and the copy their deals. These services
will normally have a good and consistent money making track
record. The deals can be obtained by going into an
electronic trading room in a live trading environment, or
alternatively they can be received via SMS, emails or
access to a password protected website. You would then
"blindly" copy all the signals or alerts into your broker
dealing station and hopefully make lots of money from that.

Option 4:- Delegate the forex trading money making process
completely by giving your money to a Forex trading money
manager who will trade it for you.

All the money making options above carry considerable risk
if not performed in a careful and in a thorough way. Most
traders find themselves caught in the Option 1 process and
do not even consider the other forex trading money making
alternatives. If you are one of them, seriously consider
the other options. Besides the fact that they could be less
stressful and more profitable they could be less damaging
to you in many ways.

If you are new to Forex Trading be aware and investigate
all the Forex money making opportunities, because there are
many if you are prepared to do your homework finding them.

There will be follow-on articles going into the above
options in greater detail. These will be featured in this
directory. Make sure you do not miss them.

----------------------------------------------------
Learn how you can make money from Forex Trading by tapping
into David Lloyd's experience by visiting
http://www.forextradersupportservices.com or contacting him
at davidlloyd@forextrading-alerts.com

Finding Affordable Healthcare

Finding Affordable Healthcare
Americans are finding the cost of health insurance
increasing, so that the need for affordable health care is
on the rise. Increasingly, workers are finding themselves
on the receiving end from their employers who are reducing
the services provided or passing on the increases. It's
because I'm one of the many affected by this that I know
because prior to this year my company's health care package
was really good. Suddenly, my employer announced it was
getting too expensive and was switching health care
providers.

The company was seeking a more cost effective plan that
would benefit all of its employees. I suppose some people
are better off and perhaps I shouldn't sound ungrateful. To
some extent I do agree, but their search for another
provider now costs me double the money from my paychecks to
have my husband and daughter on my policy. Taking a good
deal less home in my paycheck to have my family remain on
the healthcare policy seems to be the only option I have
because almost everyone else is happy with the new
arrangement.

To be honest, I got on well with the old provider but can't
see that happening here even if the health care plan is
half decent. Increased out of pocket expenses and higher
co-pays and less money in our paychecks are the result of
my company's change to an affordable health care provider.
You see, four years ago, I gave birth to a little girl and
of course my old insurance paid for the whole of my
hospital stay. Today, if I had a baby, it would cost me
around four thousand dollars for my expenses.

This figure does not take into account additional amounts I
must pay out of my salary. We are now seeing an increasing
number of companies creating affordable health care plans.
Those less fortunate can now get free health care more
readily and workers without health care are able to join
special schemes. Although these programs are a good idea
for those less fortunate there are always people who want
to abuse the system.

Those programs should be for struggling families who are
taking steps to better their futures, not for people who
have no motivation and live off of the state systems and
affordable health care programs. Although I say they can be
a burden to the state, I really mean a burden to its
citizens because it is the tax payer who foots the bill.
The health plan program my employer found definitely had
improved financial benefits for him. Having a reduced
income seems to be the result of these work changes with
only the company truly benefiting. In the long term we
really need to do something in America to help those in
need find affordable health care.

----------------------------------------------------
Dean Calvert is a 13 year veteran of insurance and writes
articles on the subject.
http://www.insurefreequote.com

3 Practical Tips To Home Flipping

3 Practical Tips To Home Flipping
I remember the first time I watched 'Flip That House' on
cable television. It's amazing how somebody can take an
old dilapidated property and turn it to a goldmine, all in
about 30 minutes!

Is it really that easy? Find a beat up shack for a low
price, throw a couple hundred dollars in repairs, and then
sell it to make giant gains?

You might think that flipping a house just as easy as
flipping a pancake, but the truth is that there is a lot of
hard work, sweat, and risk involved with such a venture.

House flipping is not a 1,2,3 we're all now rich type of
investment and there's no guarantee there you'll make a
profit. Unless you know what you are doing, you stand to
loose your shirt.

Successful home flippers know the industry inside and out.
They know what to do when things are going good and when
things will turn south. They know what deals to take, when
a property is overvalued, and when a property is to run
down to fix.

They have partnerships with contractors to do home repairs
and remodeling. They also don't pay a Realtor to list and
sell the home since they have their own sales team. Most
importantly, successful home flippers don't work with one
house at a time. Instead, they buy many homes at once and
then get them fixed, back on the market, and sold within 2
weeks. If they can't sell the home in that time, they lose
money.

This doesn't mean that there isn't money to be made by
investing in foreclosures. You just have to educate
yourself about real estate investment. Here is some
practical, easy to remember, advice for you to keep in mind:

Educate Yourself - Learn what you can about house flipping
and real estate. Read books, watch videos, and talk to
experts who have done it before. The more you know, the
more you stand to be successful home flipper.

Find a Mentor - Work with somebody that has successfully
done a profitable house flip. This will allow you to get
an in depth insight on the industry that you might not have
known before hand.

Observe and Assist in an Actual Flip - It only makes sense
that you watch a home flip from start to finish. You might
even want to do some work on the flip. This real world
experience will teach you lessons you would never have
learned if you decided to go at it alone. You will get a
greater picture of the house flipping process and increase
your chance of a greater profit.

It is very possible to turn a home flip to a substantial
profit in a relatively short amount of time. But it's not
as easy as they make it out on TV. It's a stressful job.
There's is a lot of long hours and hard work. There's a
lot of money to be made ' and lost.

----------------------------------------------------
Without a doubt, the best properties to flip are
foreclosures read more here:
http://investingforeclosures.com

Credit Card Debtors Warned Of Tough Times Ahead

Credit Card Debtors Warned Of Tough Times Ahead
Consumers who have numerous debts on credit cards may find
that their financial situation takes a turn for the worse
in the coming months as lenders tighten the screws.

So claims MoneyExpert, which believes that the credit
crunch is driving lenders to restrict the borrowing options
of those they believe may not be able to address their
debts. It observes that the cost of maintaining such credit
cards - rather than choosing possible alternatives such as
debt consolidation - has increased over the last six months
and may well continue to do so.

The Retail Bulletin reports that although the Bank of
England's monetary policy committee has effected three
quarter per cent reductions of the base rate in the last
few months - from 5.75 per cent to five per cent - the
credit crunch means that customers with borrowing
accumulated on credit cards are nonetheless suffering.

According to MoneyExpert figures, the standard annual
percentage rate on purchases made with a credit card has
risen by more than half a per cent in the last six months,
from 16.56 per cent to 17.12 per cent. Furthermore, those
shifting debt from one card to another as balanace
transfers have seen interest rates soar by 0.83 per cent
from 15.12 per cent to 15.95 per cent.

Consumers who do find that they are juggling debts on a
number of credit cards and loans may find that a
consolidation loan could help them to address their debts.
By combining debts into one monthly payment, consumers may
be able to regain control of their financial situation and
begin to pay off the money that they owe. Such a move could
also improve the clarity of a debtor's situation, with a
clear debt-free date established as a result.

The news follows a recent debt monitor published by
Chiltern which reveals that the average UK debtor is 44
years old and owes varying sums to eight creditors. It
reports figures described as "encouraging", observing that
the average amount owed is currently 400 pounds lower than
it was at the beginning of the year. Chiltern believes that
the change in the way Britons are approaching their debts
results from a general recognition of tightening financial
circumstances and the need to minimise borrowing. One way
of achieving such an aim is to investigate debt
consolidation loans.

The company advises anyone with a number of debts to draw
up a budget, calculating incoming funds and outgoing
financial responsibilities. Should the sum needing to be
repaid on a monthly basis exceed that coming in, then it is
necessary for the consumer in question to seek financial
assistance, such as financial advice from an independent
source.

Chiltern's assertions reinforce earlier observations from
the Co-Operative Bank, which states that not enough people
are undertaking appropriate financial planning. It stated
in particular that two-thirds of women have not taken the
time to set up a tax-efficient savings account, amounting
to 20.3 million people. The company described the
demographic as the "biggest losers" when it came to
tax-free savings.

Those consumers keen to save but currently struggling under
the burden of multiple debts might consider a debt
consolidation loan as a potential solution, putting them
back on track to be in a position to save.

----------------------------------------------------
Abbi Rouse writes for All About Loans where visitors can
apply online for cheap loans. We also specialise in bad
credit loans, and debt consolidation. Vist Today:
http://www.allaboutloans.co.uk