Five Money Rules Before You Move in Together

As if making the decision weren´t stress enough, you should still need to protect yourself in case it didn´t workout.

Rule # 1: Talk about Money

Communication is rule number 1 if you want a relationship to work. Make a date to talk about money and financial issues. You should share your financial habits, your spending and saving and you attitude towards money.

You need to discuss how much each one can pay in the house, such as rent, groceries, etc. If both of you bring home the same money, you should split 50-50, but this should be discuss every time, a major change occur, like a promotion, been out of work, going back to school etc.

Remember the key is to be honest and discuss everything before moving in together.

Rule # 2 keep your finances separate

You should keep your accounts separate. You should never join your investment account, and never apply for a credit together, one wrong move of your partner and you will be damage for a lifetime. Also if you break up you should only be left with a broken heart not with your account empty.

Rule # 3 Put your arragement in writing

This rule is not for couples who will live together also for roomates. This little piece of paper will help to keep your arragement from becoming a nightmare. Just remember when you write the things down you protect yourself.

Rule # 4 Keep major purchases separate and documented

You should keep track of all major purchases. The best way is to keep this purchases separate.

Rule # 5 Be smart about housing

You should never buy a house together unless you are sure your relationship will last. If you own a house and you will move in with your boyfriend or girlfriend, don´t sell your place is better to rent it, in case your relationship won´t last.

This rules seem cold when you are in love but remember sometimes relationships do not work out and you need to protect yourself, so you will not have any problems. When you finish a relationship you don´t even wnat to talk to your ex, so think before you do any major change in your life.

Robot Trading Systems

If you trade in Forex you should probably know that is difficult to make money in Forex, because is a risky and volatile market. That´s why robot trading systems were created, to help people who have no time to learn all about trading. This success depends on an accurate and timed analysis of the market and that is exactly what Forexmegatrion does.

Forexmegatrion is becoming very popular among traders because of his winning high rate (92%). Forexmegation calculates every single operation, to reduce making any mistake. Forexmegatrion has been created by 2 experience traders and has been tested and develop since 2000. The creators have want to develop a robot that really does not need any human intervention and that will work 24/5, so it will make money even when you are sleeping or making another activity, because they know how tough trading in Forex is.

They are some mistakes people do when they are working in Forex:

• Know nothing about the market.


• Risking too much.


• Not taking risks at all.


• Lack of knowledge and experience.


• Copying strategies.


• Not having a robot trading system or forex signals.

Forexmegatrion avoid making does mistakes because he is a robot, he does not mix feelings when he is trading, he just executed when he analyze the market. Some of the benefits are:

• Easy to use and install.


• No human intervention.


• Minimum risk.


• Works 24/5.


• Created by experience Forex traders.

If you are trading in Forex go to Forexmegatrion web page, and see for yourself the live results, and get your own conclusions. Until next time, bye!

Managing Debt and Credit

Before you Start

• Get your account statements from your credit cards and other debts.



• Review the interest rate you pay for each debt.



• Take a good look to your spending habits.



• Think about the ability to stop using credit on regular basis and what changes are you willing to do.

Managing Debt and Credit

Using credit today is confidence on yourself that you will be able to pay your debt in the future. Today debt and credit are part of our everyday life. Some people use credit card to spend more than they earn, having a big debt.

Installment Debt

Most people need help for buying a house or a new car. The money borrowed to purchase large-ticket items is called installment debt: The debtor pays a portion of the total at regular intervals over a specified period of time. At the end of that time period, the loan with interest is paid off. Installment debt is paid in a predetermined date, and it allow us to buy large items.

Revolving Credit

This credit is available to you at any time. Examples of revolving credit are credit cards like Visa, Mastercard, etc. While revolving credit is easy and is at your hand it could become an endless credit, where you pay only the minimun to cover the interest rate. The problem here is that you can spend more than you earn and you can get caught in a big debt.

Using Credit Wisely

To use credit intelligently, start by examining the terms of the card(s) you are currently using. Keeping track of your cards, their rates, and your current balances will help you to be aware of how you use credit cards. Try not to spend more than you earn, and pay all thay you consume at the end of the month.

Summary

• Remove high-interest-rate credit cards from your wallet or purse to reduce the temptation to use them unnecessarily.



• Read the fine print on all account statements to understand how your fees and payment amounts are calculated.



• Prepare to transfer balances from accounts with temporary low interest rates that are scheduled to rise soon.



• Use the savings from your debt reduction initiatives to set more money aside for important short- and long-term financial goals.

Results from Fx-Megaforex

Everyone knows that Forex signals are a great tool to increase your account, and make you earn a lot of pips. Here are results from a client who suscribe to fx-megaforex and double his account.

Summary:

Deposit/withdrawal: 50.00

Closed Trade P/L: 1040.15

Balance: 2110.15

Credit Facility: 0.00

Floating P/L: 0.00

Equity: 2110.15

Margin: 0.00

Free Margin: 2110.15

Gross Profit: 1292.09

Profit Factor: 5.13

Absolute Drawdown: 35.50

Total Trades: 44

Gross Loss: 251.94

Expected Payoff: 23.64

Maximal Drawdown: 65.87 (5.75%)

Short Positions (won%): 24 (62.50%)

Profit Trades (% of total): 28 (63.64%)

Largest profit trade: 413.37

Average profit trade: 46.15

Maximum consecutive wins ($): 5(105.83)

Maximal consecutive profit (count): 551.60 (3)

Average consecutive wins: 3

Total Net Profit: 1040.15

Relative Drawdown: 5.75% (65.87)

Long Position (won%): 20 (65.00%)

Loss trades (% of total): 16 (36.36%)

loss trade: -30.52

loss trade: -15.75

consecutive losses ($): 4(-65.87)

consecutive loss (count): -65.87(4)

consecutive losses: 2

Account: 102372xxx
Name: José
Date: June 23, 2009
Time: 22:46

You can see that he had lost sometimes, must of time he had win so his balance is positive. In Forex you will always lost but the important thing is that you always protect your positions and keep open new positions so at the end your balance will reflect big profits, no matter that you had lost sometimes.

If you need more information go to: http://www.fx-megaforex.com.

Opening a Forex Trading Account

Opening a forex trading account can be made in 3 easy steps:

1. Selecting an account type.


2. Registration.


3. Activating your account.

Before you open a real account you may start using a demo account. This will give you the feel of it, before you invest any money. Open 2 or 3 demo accounts so yo may try different brokers, and see for yourself which one is good for you.

Account Types

You have the option to open an account for yourself or for a company. Also, yo have the choice to open an standard account or a mini or micro account. If you have no experience you should open a mini account. Only people with lots of experience should open an standard account.

Always read the fine print

Some brokers have a “managed account” option in their applications. If you want the broker to trade your account for you, pick this, but obviously you’re here to learn how to trade the Forex for yourself. Besides, opening a managed account typically requires a pretty big minimum deposit - $25,000 or higher - and the broker also takes a portion of the profits.
Also, make sure you open a Forex spot account and not a “forwards” or “futures” account.

Registration

You will have to submit paper work to registrate an account, this vary from broker to broker. They are usually in PDF formats and you can print, sign and return.

Account Activation

Once you had send all the paperwork the broker will send you an email with the instructions on how to start operating your account. But stop before you start risking real money, I reccomend you to do your work and know what you are doing, so you will not freak out if you loose any money. Remember that you need always a helping hand when operating a Forex account, you may use Forex signals or a Robot trading system.

Take your time, study and start making money online.

Fx-Megaforex

Market Hours

I had tell you that the Forex market is a 24 hr. market. And now I will tell how this works and the best day to trade.

Market Hours

Tokyo Open 7:00 pm

Tokyo Close 4:00 am

London Open 3:00 am

London Close 12:00 pm

U.S. Open 8:00 am

U.S. Close 5:00 pm

You can see that in between each session there is a period of time where two sessions are open at the same time. From 3-4 a.m. EST, both the Tokyo and London markets are open, and from 8-12 p.m. EST, both the London and U.S. markets are open. Naturally, these are the busiest times during the market because there is more volume when two markets are open at the same time.

Usually the London session is where is more movement.

Which Days To Trade

Ok, so now we know that the London session is the busiest out of all the other sessions, but there are also certain days in the week where all the markets tend to show more movement. The best days to trade are: Tuesday and Wednesday. Sunday is the lowest day to trade, and that´s because not all the major markets are open yet.

When to trade if you want to loose money

If you are feeling like loosing money here are the best days to do it:

Fridays: This is a good day to trade if you want to loose all the money you did during the week, and that´s because Fridays are very unpredictable.

Sundays: This day is very slow, so you may start trading with negative pips.

Holidays: Banks are close so there is very little volume.

News Reports: No one knows how the market will be affect with the news, so if you don´t know what you are doing is better not to follow the news report.

Can´t trade during the busy market hours

If you can´t trade during the busy market hours, you can change to a different time zone, like London (kidding). That´s when you need a little help, you can invest in a robot trading system that will work for you when you are sleeping or working, go to http://www.forexmegatrion.com. Other way is to use forex signals that will help you trade just when the signals tell you to, go to: http://www.fx-megaforex.com.

Remember is up to you when and how you trade but be sure you get all the facts straight before you beging trading.