Wednesday 28 September 2011

Day Trading System – Trade Fx Live

As a fx trader you have got to have a forex day trading system. It has been said that a day trade is won or lost before you even enter the position. Without a doubt I am convinced everyone will concur with that. Considering that point everyone ought to as a result have a good fx trading system to allow yourself the best opportunity to produce profitable forex trade after forex trade. With a concrete forex trading system in place everyone will be able to take trades that meet your specific criteria which does lead to greater consistency and profitability.
To start, when you start out looking for or developing a fx day trading strategy you will want to look for something straightforward. Simplicity is the solution to being successful. Also every forex day trader ought to know how to read price action. Indicators characterize what the price has already done and therefore if you are forex trading with fx indicators you are forex trading off of old information. By learning fx trading based off of price action you are going to be ahead of all traders using indicators. This does produce not only superior entries but also better exits!
You can take two tracks when learning to trade fx. One option is to study all the free information you can and after that trade the market. By doing it this way you are going to end up basically paying the forex market for your fx training. The only draw back to that is that you pay the market for your fx education, but how much will you in reality take away from a losing fx trade. For many the response is not much. The other option when it comes to learning to trade forex is to be trained from traders who came prior to you. By means of doing that everyone will end up paying out a smaller amount in the end, and on top of that you will probably learn a good deal more, and a great deal more quickly.
An additional significant aspect all fx traders have to learn to incorporate in their forex day trading strategy is money management, along with a exit strategy. Any trader can learn to place respectable entries, but exits will be frequently the most difficult side of forex trading for traders new to the fx market. Learning when to hold a forex trade is very hard because of the terror of losing what profits you do have, and all the other emotions that occur from forex trading. By using a tangible exit system you are able to take the emotion from the choice, and thus be competent to make consistent results with your forex trades. Also it is crucial to have a quality appreciation of money management.
Money management can and often is the difference between a successful forex trader and a losing one. If you risk to much of your entire trading account value on forex trades you can not be able to make reasonable trading decisions because of the unease and terror of executing a losing forex trade on such a large trade. As a general rule of thumb you never want to risk more than 2% of your entire account value. By means of doing this you will further separate emotion from your forex trading judgements. When you can learn to detach emotion from your forex trading judgements your profitability will start to increase in the fx market. Overall make sure you gain a good forex system that is price action dependent. That in combination with a great money management system will be everyone’s key to fx trading profits!

Some Facts About Forex Software

Well, as many different individuals actually become more acquainted with foreign currency trading, there is no wonder to see numerous enthusiasts that are flooding the modern market. And since any trading activity certainly involves many various closing and opening orders, it definitely makes good sense to clearly resort to some kind of forex software.
Of course, by taking over some usual tasks, this kind of software surely frees up your time for more advantageous ventures, for example like inhaling all the possible financial news from the websites and publication, and also reading the business section of the important papers. Besides, although some software developers clearly boast that their trading systems are better than any human trader, an individual still excels.
In fact, being a quite volatile environment, the modern forex market certainly never fails to throw some occasional surprises. And thus by actually employing forex software to surely function as some kind of sentry, your own investments are definitely better guarded under this trading program. Moreover, it is advisable to note that the trading system certainly carries out programmed instructions.
However, it is still the main responsibility of any human trader to clearly make sure that all the important sides are covered via these instructions. In addition, any person who is hoping for a secondary stream of income via foreign currency trading may actually do quite well by using a forex robot. And while the trading systems really run in a fully automated mode, you may obviously not experience great gains if to compare with your personal involvement in this process.
And finally, this is exactly where forex indicators clearly come into place, because their main function is to really light up when any specified events are detected. For sure, they commonly come in quite useful for the forex traders who want more control over their trading systems. You should remember that!
Since its appearance Forex has become a very popular way of earning money. The main reason of such popularity is, of course, that big money can be made quickly here. In many cases trading is made with the help of online trading software. If you are going to deal with it, you can try forex software trading and other similar software till you select the best trading software.

How You Can Find The Best Credit Card Deals Today

Many credit card companies try to offer best credit card deals any one can ever think of getting. So clients should find out all the alternatives before making a final decision with a credit card offer. There are factors that make particular credit card deals the finest options and these are also several benefits that one gets from these cards. The reasons range from the offers afforded by the credit card to the security problems related to card theft. To obtain the best credit card offers you need to be properly informed of the types available as well as the kind of offers these cards can provide.
Here is a list of some credit offers: Business rewards credit card deals; Airline miles credit card deals; Gasoline reward credit card deals; Student credit card deals; Hotel credit card deals. Each of these offers comes with advantages which are appropriate for particular people using them. The business credit cards are best used in obtaining special deals for business expenses. The main benefit of these cards is that you earn certain reward points when you spend money using that.
The airline credit card offers involve the gaining of mileage point from each trip that is made and paid for using the card. You’ll find no restrictions for your travels as well as the points earned can be redeemed at any time. The best way to earn these rewards of as much a 25% bonus is by creating your booking on the net. With the gasoline rewards you can easily save money with your purchases.
The offers for students are the student credit cards and with this any student can build their credit score each time they use them. These best credit card deals could be used by students in high school and colleges. They offer introductory interest rates of up to 0%, great rewards as well as money back. The good news about these student credit cards is that they come specifically tailored according to the lifestyle requirements of students.
The offers for frequent business travelers are those that let them earn points that they can redeem for free stays and entertainments by using hotel reward best credit card deals. This is possible every time the traveler makes a purchase or travels using these kinds of credit card deals. These expenses earn them points that they can redeem to use against any hotel expenses which are bound to assail business travelers. These are some of the credit card deals that one can indulge in and you will find still others that provide much more rewards.
When getting the offers it is necessary to read the fine print of the service agreement or monthly bill that the bank sends the card holder. Doing this might reveal some great discounts and promotions that act as added rewards of getting the credit card deals. These rewards are exclusive to best credit card offers only. It is also possible to earn cash using these credit card deals. This is possible if one makes a hefty healthy amount of interest on the account they are holding with the bank while at the same time not paying interest on credit card offers. This translates to cash gained from everyday use of credit card deals. Using the credit card offers one can also be cushioned against fraud or theft since the bulk of the damage does not fall on the individual.
You can get great credit card deals from reputable financial companies. When it comes to picking which deal to take, it is essential that one knows the available kinds of offers and also the rewards each has to provide. Furthermore, the type of credit card rewards provided should be in accordance to how many times the individual looking for the deals can use it. This means that the individuals should make certain that they can use the specific credit card frequently so as to earn points and gain the benefits that they have to provide. There are many offers that one can pick from. It only depends on the individuals circumstances and requirements. For people that are financially stable they can make use of the best credit card deals to save on money and gain some more in return rather using debit cards.

Taking Profits


So much time is spent on entering a trade. Today I want to focus on some exit strategies. This is not a full Fibonacci course, so if you don't understand the basics I suggest that you visit my website for help with those aspects.
Human nature makes trading very challenging. Sometimes you want to exit a trade too quickly when it goes against you, and to cling on to a winner too long. Too often a winning trade will reverse, taking back most of your profits, or even going into a loss. On the other hand if you exit too soon, you risk missing some big profits. You may find that you're sitting on the sidelines while the market continues well beyond your exit.
In this lesson I'll show you how to bank those profits before they turn against you.
First look at this FOREX chart (JPY hourly chart).

Let's imagine that you were clever (or lucky) enough to enter long near point "A". You're feeling pretty good when price reaches "B". So good that you don't want to exit, because the up-thrust just before "B" give the impression that this market wants to go further.
Before you know it, the market reverses and heads towards "C". Right at "C" you get scared and bail out with a little profit. Not much profit compared to exiting at point "D" or even at "F".
You exit near "C", and feel relieved until you see the market heading (thrusting) up to point "D". You stop kicking yourself long enough to enter when it breaks above "B", just a little before the high at "D".
Soon after your entry near "D", the market retraces to "E", and on the way breaks below the high of "B". Breaking below the high of "B" feels scary because you're thinking this chart could be back at "A" in a flash. So you exit at "E" licking your wounds with a loss in this trade.
You start to notice more frustration now, when you enter somewhere between "E" and "F". You're feeling good near "F", but then the chart dives to "G" and you're stunned! This is a losing day for your account, and it's beginning to hurt.
By this time you feel like the whole market is watching your trades, and they're doing exactly the opposite of what you are doing. You start thinking that they wait for you to enter before they slam you and empty your account..
You have wasted your emotional capital, you don't want to trade any more. You don't have the stomach to consider shorting the rally after "G" to take profits at "H".
There must be a better way!
Banking those profits.
You should seriously consider using profit targets to improve your trading performance. There are several ways to do this, my preference is to use Fibonacci techniques.
On the following chart, I have added a Fibonacci expansion using points "A, B, C". This provides us with three profit targets. They are at 116.52, 116.93, and 117.59, see the blue arrows.

If I add another Fibonacci expansion using points "C, D, E", then two more profit targets are added, at 116.87 and at 117.22 . I have not added those studies to the chart, in order to keep things simple for now. You will notice the 116.87 target is quite close to the profit target at 116.93 in the above paragraph. And the 117.22 target is remarkably close to the swing high at 117.32 which is between E and F. We'll ignore those for simplicity, just remember that Fibonacci is excellent at predicting probable turning points.
The trick with Fibonacci is that the market sometimes blows right through a profit target. So what do you do then? Simple - you stay in the trade! But sometimes the market reverses shortly after a profit target.
Sometimes the market respects a certain Fibonacci level, sometimes not. Some Fibonacci levels are "stronger" than others. Advanced Fibonacci techniques are able to help determine which have more validity, but that is beyond the scope of this lesson. What mechanism could you use to exit the trade?
One practical method of timing a trade is to use an oscillator. Another is to use a moving average. When an oscillator shows a decline of momentum, or when price crosses a moving average, you could exit the trade. Let's explore the "oscillator" option in the following chart.

In that chart, I have removed the Fibonacci studies (less clutter), leaving the blue arrows for profit targets. At the bottom I have added the default Stochastic per E*Signal charting software. I have added a red vertical line whenever the Stochastic "fast" blue line crosses the "slow" red line just after price rises above the Fibonacci target. If you exited when price reached those vertical red lines, you'd be a happy trader!
Already you can see the potential of using profit targets with an exit trigger.
You may want to research the following:
  • Possibly exiting a partial position at each profit target.
  • Consider entering long again on the dips, when the chart begins to rally again.
  • Consider using multiple time-frames, perhaps Fibonacci studies on the hourly chart, and exit triggers on 5 minute charts.

Common Sense Guidelines for the Average Trader


Common Sense Guidelines for the Average Trader
Look for a reputable broker
  • Ability to trade effectively depends on consistent spreads and ample liquidity
  • Anyone can establish a position
  • Ability to close out a position at a fair market price is more important
Live to trade another day
  • Apply prudent money management skills
  • Avoid using excessive leverage that puts your investment capital at risk
  • Always trade with a stop!
Don’t trade emotionally, stick to your plan and maintain discipline
  • Establish a trading plan before initiating a trade
  • Set reasonable risk/reward parameters
  • Don’t override your stops for emotional reasons
  • Don’t react to price action – means don’t buy just because it looks cheap or sell because it looks too high, Have supporting evidence to back up your trade
Don’t punt
  • Don't punt( Punting is trading for trading sake without a view)
Don’t leave stops at obvious levels such as “big figures” (e.g. eur/usd 1.20, usd/jpy 110)
  • i.e. JUBBS stops = stops at obvious levels and thus are more likely triggered
Don’t add to a losing position in unless it is part of a strategy to scale into a position
  • In other words, don’t double up in the hope of recouping losses unless it is part of a broader trading strategy
Trading with and against the trend
  • When trading with a trend, consider the use of trailing stops.
  • When trading against the trend, be disciplined taking profits and don’t hold out for the last pip
Treat trading as a continuum
  • Don’t base success on one trade
  • Avoid emotional highs or lows on individual trades
  • Consistency should be an objective
Forex trading is multi-currency
  • Watch crosses as they are key influences on spot trading
  • Crosses are one currency vs. another, such as eur/jpy (euro vs. jpy) or eur/gbp (eur vs. gbp)
  • Crosses can be used as clues for direction for spot currencies even if you are not trading them
Be cognizant of what news is coming out each day so you don’t get blindsided
  • Be cognizant of what news is coming out each day so you don’t get blindsided
  • Beware of trading just ahead of an economic number and be wary of volatility following key releases
Beware of illiquid markets
  • Beware of illiquid markets
  • Adjust strategies during holiday or pre-holiday periods to take into account thin liquidity
  • Beware of central bank intervention in illiquid markets
Jay Meisler, a partner in Global-View.com, says one problem of trading with too-high leverage is that one piece of surprise news can wipe out one's capital. "Those who treat forex trading as if they were in a casino will see the same long-term results as when they go to Las Vegas," he says, adding: "If you treat forex trading like a business, including proper money management, you have a better chance of success." …Newsweek International, March 15, 2004
Treat this business as a marathon and not a sprint so you avoid burnout and maintain stamina for the long haul.

Forex Investing Tactics That Bring Money

Are you an investor who is looking for the ways that will bring you regular income? Have you already participated in the stock market and now would like to try foreign exchange? Actually, the stock market does differ from the foreign exchange investing. The point is that the strategies used in both markets are not similar. Therefore, many people are afraid of forex market. The majority of them consider forex to be too difficult and risky.
But what if I said that there is such a powerful method which despite of risk can bring you easy money, forgetting the fact that you know nothing about the foreign exchange and its possibilities? Do you have any desire to get acquainted with this technique?
We would like to introduce you a strategy which can do this for you. The key concept to get to know is that these strategies do not teach you how to trade in foreign exchange market. We suggest you winning software which will teach you how to register your account at any brokerage you choose. Then this account will sell and buy everything for you on the trade market.
In reality, forex is suitable for those investors who are interested both in earning income and preserving forex strategies. The golden rule of success is to reach a perfect balance. The investing strategies teach to find this balance through two various currency pairs that traditionally move in opposite directions. It is really great to observe when one pair is going down and leads to loses, the other increases.
What is more, we provide special data that supports our strategy. For example, if you were to look at the record of the previous years, you would see while comparing two currency pairs that it is almost the same as looking into the mirror. This is how this strategy works. The point is that your risks are minimal when you work with two pairs that more in absolutely opposite directions.
Those who are trading no doubt have to go to this forex managed account site – there one can find lots of related info on Forex investment.
This is important, don’t forget that we are living in the world where information makes life easier. Make use of the Internet and search for managed forex trading if you need this type of info.
If you are properly armed with the info in your topic you can rest assured that you will in any case find the way out from any bad situation. So, please make sure to track this blog on a regular basis or – an ideal solution for you – sign up to its RSS feed. Thus you will have your hand on the pulse of the latest informational updates here. Blogs can be helpful, you just need to know how to use blogging for the currency exchange market.

Rollovers in Forex


Surefire Trading
Even though the mighty US dominates many markets, most of Spot Forex is still traded through London in Great Britain. So for our next description we shall use London time. Most deals in Forex are done as Spot deals. Spot deals are nearly always due for settlement two business days later. This is referred to as the value date or delivery date. On that date the counter parties theoretically take delivery of the currency they have sold or bought.
In Spot FX the majority of the time the end of the business day is 21:59 (London time). Any positions still open at this time are automatically rolled over to the next business day, which again finishes at 21:59.
This is necessary to avoid the actual delivery of the currency. As Spot FX is predominantly speculative most of the time the traders never wish to actually take delivery of the currency. They will instruct the brokerage to always rollover their position.
Many of the brokers nowadays do this automatically and it will be in their policies and procedures. The act of rolling the currency pair over is known as tom.next, which stands for tomorrow and the next day.
Just to go over this again, your broker will automatically rollover your position unless you instruct him that you actually want delivery of the currency. Another point noting is that most leveraged accounts are unable to actually deliver the currency as there is insufficient capital there to cover the transaction.
Remember that if you are trading on margin, you have in effect got a loan from your broker for the amount you are trading. If you had a 1 lot position you broker has advanced you the $100,000 even though you did not actually have $100,000. The broker will normally charge you the interest differential between the two currencies if you rollover your position. This normally only happens if you have rolled over the position and not if you open and close the position within the same business day.
To calculate the broker's interest he will normally close your position at the end of the business day and again reopen a new position almost simultaneously. You open a 1 lot ($100,000) EUR/USD position on Monday 15th at 11:00 at an exchange rate of 0.9950.
During the day the rate fluctuates and at 22:00 the rate is 0.9975. The broker closes your position and reopens a new position with a different value date. The new position was opened at 0.9976 - a 1 pip difference. The 1 pip deference reflects the difference in interest rates between the US Dollar and the Euro.
In our example your are long Euro and short US Dollar. As the US Dollar in the example has a higher interest rate than the Euro you pay the premium of 1 pip.
Now the good news. If you had the reverse position and you were short Euros and long US Dollars you would gain the interest differential of 1 pip. If the first named currency has an overnight interest rate lower than the second currency then you will pay that interest differential if you bought that currency. If the first named currency has a higher interest rate than the second currency then you will gain the interest differential.
To simplify the above. If you are long (bought) a particular currency and that currency has a higher overnight interest rate you will gain. If you are short (sold) the currency with a higher overnight interest rate then you will lose the difference.
I would like to emphasise here that although we are going a little in-depth to explain how all this works, your broker will calculate all this for you. The purpose of this article is just to give you an overview of how the forex market works.
Good Trading

Forex Money Management


Put two rookie traders in front of the screen, provide them with your best high-probability set-up, and for good measure, have each one take the opposite side of the trade. More than likely, both will wind up losing money. However, if you take two pros and have them trade in the opposite direction of each other, quite frequently both traders will wind up making money - despite the seeming contradiction of the premise. What's the difference? What is the most important factor separating the seasoned traders from the amateurs? The answer is money management.
Like dieting and working out, money management is something that most traders pay lip service to, but few practice in real life. The reason is simple: just like eating healthy and staying fit, money management can seem like a burdensome, unpleasant activity. It forces traders to constantly monitor their positions and to take necessary losses, and few people like to do that. However, as Figure 1 proves, loss-taking is crucial to long-term trading success.
Amount of Equity Lost Amount of Return Necessary to Restore to Original Equity Value 
       25%       33%
50% 100%
75% 400%
90% 1000%
Figure 1 - This table shows just how difficult it is to recover from a debilitating loss.
Note that a trader would have to earn 100% on his or her capital - a feat accomplished by less than 1% of traders worldwide - just to break even on an account with a 50% loss. At 75% drawdown, the trader must quadruple his or her account just to bring it back to its original equity - truly a Herculean task!

The Big One

Although most traders are familiar with the figures above, they are inevitably ignored. Trading books are littered with stories of traders losing one, two, even five years' worth of profits in a single trade gone terribly wrong. Typically, the runaway loss is a result of sloppy money management, with no hard stops and lots of average downs into the longs and average ups into the shorts. Above all, the runaway loss is due simply to a loss of discipline.
Most traders begin their trading career, whether consciously or subconsciously, visualizing "The Big One" - the one trade that will make them millions and allow them to retire young and live carefree for the rest of their lives. In FX, this fantasy is further reinforced by the folklore of the markets. Who can forget the time that George Soros "broke the Bank of England" by shorting the pound and walked away with a cool $1-billion profit in a single day? But the cold hard truth for most retail traders is that, instead of experiencing the "Big Win", most traders fall victim to just one "Big Loss" that can knock them out of the game forever.

Learning Tough Lessons

Traders can avoid this fate by controlling their risks through stop losses. In Jack Schwager's famous book "Market Wizards" (1989), day trader and trend follower Larry Hite offers this practical advice: "Never risk more than 1% of total equity on any trade. By only risking 1%, I am indifferent to any individual trade." This is a very good approach. A trader can be wrong 20 times in a row and still have 80% of his or her equity left.
The reality is that very few traders have the discipline to practice this method consistently. Not unlike a child who learns not to touch a hot stove only after being burned once or twice, most traders can only absorb the lessons of risk discipline through the harsh experience of monetary loss. This is the most important reason why traders should use only their speculative capital when first entering the forex market. When novices ask how much money they should begin trading with, one seasoned trader says: "Choose a number that will not materially impact your life if you were to lose it completely. Now subdivide that number by five because your first few attempts at trading will most likely end up in blow out." This too is very sage advice, and it is well worth following for anyone considering trading FX.

Money Management Styles

Generally speaking, there are two ways to practice successful money management. A trader can take many frequent small stops and try to harvest profits from the few large winning trades, or a trader can choose to go for many small squirrel-like gains and take infrequent but large stops in the hope the many small profits will outweigh the few large losses. The first method generates many minor instances of psychological pain, but it produces a few major moments of ecstasy. On the other hand, the second strategy offers many minor instances of joy, but at the expense of experiencing a few very nasty psychological hits. With this wide-stop approach, it is not unusual to lose a week or even a month's worth of profits in one or two trades. (For further reading, see Introduction To Types Of Trading: Swing Trades.)
To a large extent, the method you choose depends on your personality; it is part of the process of discovery for each trader. One of the great benefits of the FX market is that it can accommodate both styles equally, without any additional cost to the retail trader. Since FX is a spread-based market, the cost of each transaction is the same, regardless of the size of any given trader's position.
For example, in EUR/USD, most traders would encounter a 3 pip spread equal to the cost of 3/100th of 1% of the underlying position. This cost will be uniform, in percentage terms, whether the trader wants to deal in 100-unit lots or one million-unit lots of the currency. For example, if the trader wanted to use 10,000-unit lots, the spread would amount to $3, but for the same trade using only 100-unit lots, the spread would be a mere $0.03. Contrast that with the stock market where, for example, a commission on 100 shares or 1,000 shares of a $20 stock may be fixed at $40, making the effective cost of transaction 2% in the case of 100 shares, but only 0.2% in the case of 1,000 shares. This type of variability makes it very hard for smaller traders in the equity market to scale into positions, as commissions heavily skew costs against them. However, FX traders have the benefit of uniform pricing and can practice any style of money management they choose without concern about variable transaction costs.

Four Types of Stops

Once you are ready to trade with a serious approach to money management and the proper amount of capital is allocated to your account, there are four types of stops you may consider.

1. Equity Stop

This is the simplest of all stops. The trader risks only a predetermined amount of his or her account on a single trade. A common metric is to risk 2% of the account on any given trade. On a hypothetical $10,000 trading account, a trader could risk $200, or about 200 points, on one mini lot (10,000 units) of EUR/USD, or only 20 points on a standard 100,000-unit lot. Aggressive traders may consider using 5% equity stops, but note that this amount is generally considered to be the upper limit of prudent money management because 10 consecutive wrong trades would draw down the account by 50%. One strong criticism of the equity stop is that it places an arbitrary exit point on a trader's position. The trade is liquidated not as a result of a logical response to the price action of the marketplace, but rather to satisfy the trader's internal risk controls.

2. Chart Stop

Technical analysis can generate thousands of possible stops, driven by the price action of the charts or by various technical indicator signals. Technically oriented traders like to combine these exit points with standard equity stop rules to formulate charts stops. A classic example of a chart stop is the swing high/low point. In Figure 2 a trader with our hypothetical $10,000 account using the chart stop could sell one mini lot risking 150 points, or about 1.5% of the account.
Figure 2

3. Volatility Stop

A more sophisticated version of the chart stop uses volatility instead of price action to set risk parameters. The idea is that in a high volatility environment, when prices traverse wide ranges, the trader needs to adapt to the present conditions and allow the position more room for risk to avoid being stopped out by intra-market noise. The opposite holds true for a low volatility environment, in which risk parameters would need to be compressed. One easy way to measure volatility is through the use of Bollinger bands, which employ standard deviation to measure variance in price. Figures 3 and 4 show a high volatility and a low volatility stop with Bollinger bands. In Figure 3 the volatility stop also allows the trader to use a scale-in approach to achieve a better "blended" price and a faster breakeven point. Note that the total risk exposure of the position should not exceed 2% of the account; therefore, it is critical that the trader use smaller lots to properly size his or her cumulative risk in the trade.

Figure 3

Figure 4

4. Margin Stop

This is perhaps the most unorthodox of all money management strategies, but it can be an effective method in FX, if used judiciously. Unlike exchange-based markets, FX markets operate 24 hours a day. Therefore, FX dealers can liquidate their customer positions almost as soon as they trigger a margin call. For this reason, FX customers are rarely in danger of generating a negative balance in their account, since computers automatically close out all positions. This money management strategy requires the trader to subdivide his or her capital into 10 equal parts. In our original $10,000 example, the trader would open the account with an FX dealer but only wire $1,000 instead of $10,000, leaving the other $9,000 in his or her bank account. Most FX dealers offer 100:1 leverage, so a $1,000 deposit would allow the trader to control one standard 100,000-unit lot. However, even a 1 point move against the trader would trigger a margin call (since $1,000 is the minimum that the dealer requires). So, depending on the trader's risk tolerance, he or she may choose to trade a 50,000-unit lot position, which allows him or her room for almost 100 points (on a 50,000 lot the dealer requires $500 margin, so $1,000 – 100-point loss* 50,000 lot = $500). Regardless of how much leverage the trader assumed, this controlled parsing of his or her speculative capital would prevent the trader from blowing up his or her account in just one trade and would allow him or her to take many swings at a potentially profitable set-up without the worry or care of setting manual stops. For those traders who like to practice the "have a bunch, bet a bunch" style, this approach may be quite interesting.

Conclusion

As you can see, money management in FX is as flexible and as varied as the market itself. The only universal rule is that all traders in this market must practice some form of it in order to succeed.

Auto insurance, get the best quotes and why you need insurance this century

AUTO INSURANCE
I will be talking auto insurance today and why you need it most in this century. Few months ago, I traveled for vacation to Moscow to be with my friend, and the whole of my stay was spent with him going to the court on the issue that he damaged another car while driving. He lost to the other car owner after a whole 2 months of court hearings, his insurance company refused to stand for him and this is because he was faulted in his policy payment, he had paid only 6 months and hadn’t paid 3 months before he had this accident.
Auto insurance is a means of protecting ourselves against all forms of unforeseen calamities. There are so many kinds of insurance policies including available today: The following are types of Insurance policies available: life insurance, health insurance, home insurance, appliance protection insurance, and disaster insurance.
Insurance is therefore coverage offered by insurance company to an individual or organization in return for premiums paid. In the case of Auto Insurance, insurance companies cover your vehicle or group of vehicles against breakdowns and accidents. The policy offered to insure a vehicle depends on:
o Type of vehicle, make, cost, and age.
o Individual history and habits.
o Viable statistics.
In general a young driver driving a spiffy sports car will have to pay higher premiums than a senior citizen driving a family sedan. Premiums are thus based on risk factors.
Different insurance companies offer different plans and coverage for auto insurance and, each scheme has its own pros and cons. To get the best auto insurance you need to:
o Know how auto insurance works and which ones are the leading auto insurance companies. Auto insurance policies are generally of four main kinds: Collision insurance; Comprehensive coverage; Uninsured or under insured motorist coverage; and No Fault Automobile Insurance Policy. In addition there policies offered by auto insurance companies that cover: auto loans, vehicle towing expenses, car rental during car repairs and so on.
o Do an online survey and compare quotes from different auto insurance providers.
o Compile accurately all the essential information so that the auto insurance provider can give you a competitive quote. They will need: personal details, how many will drive the vehicle, age and make of vehicle, where you stay, how often the vehicle will be driven, whether you have any other insurance policies from the same insurance company, if you are a member of bodies like the AAA and so on.
o Study the policy document in detail and ask for clarifications if you do not understand any terms and conditions.
o Use online insurance computation and quote comparison tools to determine which auto insurance coverage is the ideal one for you.
o Read articles and tips that will help you lower insurance costs and select the ideal auto insurance. The World Wide Web has innumerable articles on insurance that help lay persons comprehend the world of auto insurance.
If you are uncertain of what is best consult an auto insurance broker. An insurance broker is an expert professional who will know the pros and cons of different auto insurance policies and will be qualified to determine what kind of auto insurance coverage will be best for you and your family.
Often the easiest method is to approach the same company that has you covered for life, health and home. Since you are their client the insurance company will offer you great rates and perhaps offer you discounts too. You will be assured of quick service too.
While one can buy insurance from a broker or insurance company office there are certain advantages to buying auto insurance online. You need to fill just one form to get quotes from different auto insurance providers. The quotes are free and you can browse, compare, and weigh the pros and cons of different policies without traveling far or contact innumerable people. There is no commitment or expenses and you can take you time in selecting a suitable auto insurance provider, get a low and affordable quote, and complete the procedures online. When you buy auto insurance online you get a discount as the company does not spend on data compilation and on meeting you to discuss possibilities. The world of auto insurance has changed with the advent of the internet and now customers can purchase auto insurance online as informed buyers.
Purchasing car insurance for the first time can be stressful. Thus, most people just accept what the dealership or car loan lender offers and don’t bother to shop around for the best car insurance offer available.
What these people fail to understand is that a small difference on the monthly payments of an insurance premium can result on huge savings. Furthermore, if the payment of the premium is not done in installments savings can be even higher.
Why Car Insurance?
Some wonder why they need car insurance and even consider the possibility of not buying it.
Auto insurance helps to protect both you and to protect others too.
In case you cause damage of property or injuries to third parties, you will be held responsible but the insurance will pay for it.

Every thing to Know About Auto Insurance policy

To defend ourselves against unseen calamities and challenges we need insurance plan. Now days several sorts of insurance coverage policies are available inside the marketplace including: life insurance plan, health insurance policies, house insurance policy, appliance protection insurance, and disaster insurance plan. So insurance coverage is the coverage that’s supplied to you by the insurance firm or organization in return for premiums paid. For auto insurance coverage, automotive insurance companies cover your motor vehicle or group of vehicles against breakdowns and accidents. The insurance policy coverage supplied to you depends on quite a few elements namely:
* The type of automobile, its make, price, and age.* The habits and individual history.* Viable statistics.The general principal is that a young driver driving an attractive sports car will have to pay a higher premium as compared to a senior citizen driving a family car or truck. Premiums are therefore based on risk components.All insurance firms need to provide diverse packages for auto insurance policies and, each scheme has its own advantages and disadvantages. In order to obtain the finest automobile insurance policies you should:
* Truly know as to how car insurance policies works and what all leading insurance companies are present in the market. You can find basically four main varieties of automotive insurance policies policies: Collision insurance coverage; Comprehensive protection; Uninsured or underinsured motorist protection; and No Fault Automobile Insurance Policy. You will find also policies supplied by an auto insurance firms that cover: automotive loans, vehicle towing expenses, vehicle rental during vehicle repairs and so on.
* You really should do an on-line survey and evaluate the quotes from distinct automotive insurance policies providers.
* Clearly specify the crucial data so that the automobile insurance coverage provider is able to give you a competitive quote. Insurance brokers will will need: your personal details, number of people who will drive the motor vehicle, age and make of motor vehicle, where you reside, how a lot of times the car will be driven, whether you hold any other insurance coverage policies with the same insurance policies business , and also if you are a member of bodies like the AAA and so on.
* You need to at all times read the coverage document in detail and ask for clarifications if you will discover any terms and conditions that you simply might have not understood.
* Usually keep your self updated with suggestions and also by reading articles so which you can assist yourself lower insurance policy costs and select the ideal vehicle insurance plan. The internet has an endless number of articles on insurance plan that may totally assist you out with your queries.The world of car insurance coverage has changed remarkably with the coming of net and now buyers can acquire car insurance policy on-line as literate shoppers.

Sunday 25 September 2011

Saving and Having a Car Insurance

The importance of having your car insured is countless. But, getting insurance could leave someone flat broke. Contrary to popular beliefs, you can have good quality insurance and still have savings.
Start driving defensively.
There are many insurance companies that give discounts to drivers who are under defense driving courses. No insurance company would want to insure someone who is always at fault in car crashes he or she gets involved in. In fact, because all states put value to the importance of car insurances, you can check on your state insurance commissioner where to get such courses.
Stick to one insurance company
If you already have house insurance or renter’s insurance in one company, inquire about the other insurances they offer. Chances are, they too have car insurance policies. If you stick with them they can absolutely give you discounts which could be as high as 5% to 20%. That’s what loyal customers get.
Keep your records clean.
And by records we also mean credit records. Your credit record says a lot about how well you can pay your insurance company. What most insurance companies do is to cross check your credit records and decide on a policy based on what they find out. So, if you plan to get your car insured for what it’s worth, you should definitely straighten out your credits rating first. Let’s say you are running out of time and need to have your car insured as soon as possible, then try looking for insurance companies that don’t do the checking and referencing.
Do a good deed.
Car insurance companies are looking for more responsible drivers. And they definitely have rewards for those who make the world car-crash-free. You can get discounts on your insurance if you teach teenagers how to drive. That doesn’t necessarily mean establishing a driving school. Some insurance companies can give you a discount as soon as you report your achievements.
Be safe.
This doesn’t just apply on your driving skills but also on your car’s safety gadgets. If you install devices that can counter theft, you can have also have discounts. True, if you own an old model, this means that you have to shell out some cash. But this benefits you twice because you do get discounts and these devices are definitely for your own safety.
Pay attention and be wise.
Don’t overlook the fact that some insurance companies have special discounts to people who have affiliations to different groups. Do a little research and find out if your insurance company gives discounts based on your affiliation with credit unions or even college sororities. Also, before you get car insurance, check your mileage. Most often than not, your agent will ask you about the distance you cover on a daily basis. Your answer to this question will put you into a class where your policy could be based on. Other than that, you can also get discounts by insuring both your cars or all your other cars at the same time. Sometimes, you can get the price of one for all of them. Or if not, the other car gets a lower price. Finally, if you have a choice, take the one year policy over the six month policy. This means that you won’t get affected by rate increases in a span of one year.

Currency Exchange Rate

Introduction:
There is a strong relationship between a currency exchange rate and the prevailing interest rate in that country, according to economic models a rise in the interest rate will lead to increased value of the currency over all the other currencies in the international market, on the other hand a decline in the interest rate will lead to a decline in value of the currency over all the other currencies. This paper focuses on this model and how it could cost a country billions of money.
We focus on the loss incurred by British government in September 1992. During this day the model mislead the decision of the UK government at the time and led to huge loses. The government raised interest rates to increase the demand for pound in the international market, this increase in demand was anticipated to make the pound stronger against other major currencies, however a speculative attack by investors led to the loss of funds, the government lost and some investors gained huge profits on that day.
Overview of the exchange rate interest rate model:
This model depict that there is a relationship between the prevailing interest rates and the exchange rate, using historical data a country can use the data to estimate an appropriate model that will help in forecasting future values. The model depicts that a rise in interest rate will lead to a rise in the value of the currency, when interest rates fall then the value of the currency declines, the following diagram shows the relationship between the two variables:
From the above diagram it is evident that an increase in the interest rates will lead to an increase in the value of the currency, however a decline in interest rates will lead to a decline in the value of the currency. However the assumption of this model is that there are no speculative attacks and that the exchange rate depends on the demand and supply of the currency.
Interest rates an exchange rate mechanism:
The relationship between the exchange rate and the interest rates can be demonstrated using two currencies from countries with different interest rates, we take hypothetical values and countries to demonstrate this and we choose country A and country B, for country a the interest rate is 4% and for country B the interest rate is 6%, those who have their funds deposited in country A will earn 4% for their investment, however it is more profitable to invest the funds or deposit the amount in country B due to high interest rates and therefore higher earning.
For this reason therefore investors will move their fund from country A to country B, investors from country A will exchange their money to get country B currencies, as a result of this the demand for country B currency will rise and therefore will the value of the currency. Therefore higher interest rates will encourage investors to invest in country B, if country B was to increase the interest rates from 5% to 10% then the higher will be the demand for their currency.
British forecast:
The exchange of the pound in 1992 was determined by the market demand and supply, in September the British government experienced a decline in the demand for their currency, many investors started selling the pound to acquire other currencies, as a result of this demand declined and therefore the pound lost value against other currencies.
The government had a role to play to resolve the crisis and this was done by increasing interests rates as described by the above model, the prevailing interest rates at the time was 10% and the government increased the interest rates to 12%, however despite this effort the investors still sold the pound to hold other currencies.
Realizing this problem the government on the same day announced an increase in interest rates to 15%, this was the second attempt to resolve the problem, however it was unfortunate that investors kept on selling the pound and purchasing other currencies, as a result of this the value of the pound declined and this resulted into a decline in the value of the pound against other major currencies, the diagram below shows historical exchange rate of the pound against the dollar:
The above chart shows the value of us dollar divided by pounds, when the pound appreciates in value then the value of our ratio declines, a decline in the value of pounds leads to an increase in the value of the ratio. Therefore from the chart it is evident that in the month of septembvet the british pound value aginist the dollar was low but after black Wednesday which is september 16 the pond started to appreciate and for this reason the us dollar / pound ratiodecline. This is to show that there was a declien in the value of the british pound and the attempytt to icnrease interest rates did not help the country to increase the demand for its currency in the market.
From our earlier discussion the increase in interest rate was to act as an incentive to encourage investors to move their funds into UK banks, the investors were expected to exchange other currencies into pounds and therefore increase the demand for the pounds, as a result of this the pound would gain value due to high demand, however this did not happen as anticipated, the governetmn however announced its withdrawal from the European exchange rate regime that evening after losing billions of pounds, it was estimated that the government lost over 3 billion pounds, however investors gained in the process and George Soros an investor is said to have made over 1 billion pounds profit that day.
From the above discussion it is evident that there is a strong relationship that exist between interest rates and exchange rates, however this model should not contain interest rate as the only independent variable but should also contain a variable that represent speculation from investors, the loss was due to speculative attack by investors where investors were well aware of the aims and objectives of the government to increase interest rates, the investors declined to purchase more pounds and they continued to sell the pound in the market.
For this reason therefore any estimated model requires that we take into consideration all the factors that may affect the dependent variable, the government assumed that by raising interest rates the pound would appreciate but unfortunately the investors were well aware of what the government was trying to achieve and instead of the pound appreciating the reverse occurred and the pound value declined and there was a major loss recorded.
Therefore there is need to take into consideration that models can be misleading and may lead to inappropriate decision, it is recommended that models estimated must include all the independent variables that have an impact on the independent variable, for example the interest rate exchange model should have taken into consideration the speculative independent variable that may have a positive or negative impact on the exchange rate.
Another solution is the use of the Mundel Fleming model that shows the relationship between the exchange rate and the output of the country, this model could be an alternative to estimate future exchange rates as a result of changes in the output of an economy. Therefore instead of using the interest rate exchange rate model a government may choose the Mundel Fleming model that may be more accurate and efficient in estimation.

Choosing a Forex Broker That Wont Rip You Off

At the best of times Forex currency trading can be a risky business with a huge potential for profit or loss. As a fulltime trader i have seen the best and the worst that the forex market has to offer, the dizzying highs of large wins, and the gut wrenching lows of people going bust.

You might be a forex trader yourself, or maybe you are just curious about how forex markets work, whomever you are, you need to learn how to seperate the legit forex brokers from the scam merchants. The internet has a great deal of genuine forex dealers offering quality services, it is also unfortunately infected with just as many thieves dressed up as companies who will gladly take your money and then dissapear. This fear of being taken advantage of puts a lot of people off the idea of trading forex, this shouldn’t be the case.

Now there are a few key differences between stock markets and forex markets that you are going to have to learn:

1. Forex has no centralised exchange house.

2. Forex trading is 24/7.

3. Forex is a largely unregulated market.

Looking at that list, it kind of seems that the forex market is akin to a wild west town full of outlaws and gunslingers. In this market there is noone to complain to, noone who will hold your hand. So how can you find the genuine dealers amid all the garbage? Do not trust any broker whose reputation cannot be confirmed, and whose company is not tied to the forex market.

The attraction of the forex market can be overwhelming. The scent of huge profits often overpower the common sense of the average person. They enter eagerly, just waiting to invest their life savings.Lying in wait are the scammers with huge promises, they capture the new investors money, and suddenly dissapear.

The good news is, is that many genuine forex brokers do actually exist. Easy-Forex, Oanda, and many more have proven track records that justify their positions in the market. Usually if a company is small, has no affiliation to forex or a financial institution, then stay away. Also a word on looking for reviews about brokers online. You can find honest reviews on forex brokers online, however there seems to be a habit of late of competing forex companies, and/or traders engaging in negative marketing of each other. Dig deeper and you will usually find an honest answer.

So remember:

1. Validate the companies reputation.

2. Make sure they are tied to the forex legitimatly.

3. If the company is small and unheard of, stay away.

4. Finally if the broker has a proven online track record, a legitimate financial institution affiliation, and a few good reviews, give them a try.

My ultimate advice is, if unsure, invest the smallest amount you can, and find out for yourself. This is how i usually used to find brokers, and it worked for me.

Accurate Forex Signals ? Avoid These 3 Novices Mistakes When Selecting Trading Signals

Everyone that want to use trading signals always looking for accurate forex signals, but most of them don’t know what an accurate signal really is.  There are several good signal providers out there, but most of them get bad reviews everywhere because some novices are still living in the dreamland when they use the signals.
What I imply by “live in the dreamland”? Below are a few blunders that they made:
1. They believe that the signals are 100% accurate
When these novices receive their very first notification, they will immediately execute the trade, then expect profits to come out. If the trade ends up as a losing trade, they get upset and stop the services right away.
You can pretty much guess the next thing they do: login into various forums, acting like a victim, and post negative reviews all over the place. That is why you will discover some extremely inaccurate reviews in the forums.
Here is the truth that I really think that everyone in currency trading world must have knew already: no one can forecast where the market will move next. We can merely predict to a certain degree of precision based on analysis, experience, and (perhaps) hunch. Nonetheless, it will NEVER 100% correct.
Think it over; if a signal service can provide you with 15 profitable trades from 20 trades, would you consider it as a good signal service? Of course you would! Nonetheless, is it possible that the exact same signal gives you three consecutive loss trades at the start? Sure, it is possible too; especially if you begin trading at a bad time.
When you have three or four loss trades right after you started using the signals, don’t panic and start acting like you’ve been scammed. Keep a cool head and watch if the next signal can make up for the loss. This is possible if the signal uses good risk reward ratio. But how to check this out without lose your money? Look at next factor.
2. They will not even take the time to evaluate the signal effectiveness
Okay, so you got recommendation and suggestion. You read the entire article in the provider’s website. You ask around in forums and read 30 different reviews of the product. Still, it is not good enough reason to put your own money in the line immediately.
Getting yourself a practice account is not a difficult thing to do and you virtually can get as tens or hundreds of them. Help yourself a little. Start a practice account and test the accuracy of the signals by utilizing their guarantee period. You need to invest some time and effort into this, but it could save you from bigger troubles later on.
3. They have no basic principles in trading forex
The signals are merely tools. Using the existing technology, you can easily make them auto-execute. Nonetheless, you choose to use a signal service given that it allows you to decide what to do with the notification right?
If you have a little understanding in trading forex, at the very least you’re able to do the following:
– Pinpointing bad market condition and decide not to enter any trade for that period
– When the market is trending, there is bigger profit potential that you can get. If you can recognize it, you’ll be able to modify the take profit order for more profits.
Naturally, your decision will not always correct, but if you possess solid basics in trading forex, at least you are able to:
– Save yourself from several loss trades.
– Have got more reasonable expectation from the signals, hence you can act and evaluate the situation calmly whenever things don’t work out as you planned.
Look into learn to trade the forex to pinpoint the most important thing to learn first.
Looking and recognizing accurate forex signals shouldn’t be a really hard thing to do. Just make sure to spare some time to open a demo account and learn the basics of forex trading. It might take several weeks to see the real result of the test and let the lesson sink in, but they will save you from greater troubles in the future.

Tips to Lower Your Car Insurance Premiums

It is indeed an overwhelming task to choose from auto insurance quotes available in the market. However, it can be even more difficult to pay a large amount of auto insurance premiums.

Thus, it is good to choose your car insurance policy only after verifying each detail. You can even save a considerable amount of money by being more careful and informed.

Tips: 

Keep Looking For Better Options:

You may consider opting for six-month insurance policy. This will enable you to switch and buy car insurance from other insurers in the least possible time. For this, you need to keep a tab on the insurance market to look for the cheapest car insurance. Consider your lifestyle and monthly budget before making the final decision and avoid buying insurance cover with large premium amounts.

Opt For The Policies With Higher Deductibles:


This is another way of reducing your car insurance premiums. Higher deductibles are inversely proportional to insurance premiums. Many car owners are very apprehensive about this idea due to the misconception that they may have to shell out more money in case of a major accident. However, you need to know that minor accidents occur relatively more often than the major accidents.

Look For Companies Furnishing Multi-line Insurance:

It will be beneficial for you to buy all your insurance from the same company. For this, many insurance companies may offer you a big discount. Therefore, consider purchasing different types of loans such as home insurance and car insurance from the same insurance provider. This way, you can save up to 15% more money.

Reap The Benefits Of Having A Good Driving Record:

If you have a clean driving record, you may get a discount auto insurance. Auto insurance companies may reward you for your driving skills. You need to look for such insurance companies to strike a feasible deal.

More Safety Features Mean Less Premiums:

If you equip your car with safety features such as anti-lock braking systems, seatbelts, and airbags, then you are highly eligible for big discount. Auto insurance firms value such features and so you have to pay less premiums.  

Look For Auto Insurance Companies Offering Discount To Students And Senior Citizens:


Certain auto insurance companies offer discounts to drivers, who are above 50 and students with excellent academic records. If you have such a member in your family, you can search for different auto insurers offering such discounts. It will surely help you save a considerable amount of money.

Minimize Your Car Usage:

Some car insurance companies give discounts if the annual mileage of the vehicle is low.  So, avoid using your car while traveling short distances.

Get Car Insurance Online:

Some people find it cheaper to get a car insurance online. However, you need to be very careful while going through all the terms and conditions of the insurer before buying the car insurance.   By following these simple tips, you will not only choose the best among different auto insurance quotes, but also reduce your insurance premiums.

Thursday 22 September 2011

60 Best Credit Cards Review In America

I review the best credit cards in America here at DailyMarkets.com daily, together with the DailyMarkets.com staff. We have given these cards each a rating from 1 to 5 stars and ranked them in order of their rating. How do we rank these cards? We read through the fine print, review and compare the best and the most popular credit card offers, and tell you our rating. If there’s a card offer that seems too good to be true, we dig deeper to see if there’s more than meets the eye! Plus, we have many special card offers from many banks with exclusive deals only for DailyMarkets.com readers!
All the rates below are current and directly pulled from banks’ database. When you click “Apply Now”, we direct you to the official card issuer’s website. Start your card search now!

Credit CardRatingIntro APR For PurchasesIntro APR For Balance TransfersOngoing APRReward TypeAnnual Fee
Blue Cash Everyday(SM) Card from American ExpressBlue Cash Everyday(SM) Card from American Express
4.90/5
0% For
12 Mths
N/A17.24% - 22.24% VariableCashBack$0
Chase Freedom® Visa - $100 Bonus Cash Back + 0% Intro APRChase Freedom® Visa - $100 Bonus Cash Back + 0% Intro APR
4.80/5
0% For
6 Mths
0% For
12 Mths
As low as 11.99% VariableCashBack$0
The Platinum Card(R) from American ExpressThe Platinum Card(R) from American Express
4.80/5
N/AN/AN/ARewards$450
Continental Airlines OnePass® Plus CardContinental Airlines OnePass® Plus Card
4.80/5
N/AN/A14.24%Miles$95
ALL-NEW UnitedPlus® Explorer CardALL-NEW UnitedPlus® Explorer Card
4.80/5
N/AN/A14.24%Miles$95
Southwest Airlines Rapid Rewards® Plus Credit Card from ChaseSouthwest Airlines Rapid Rewards® Plus Credit Card from Chase
4.80/5
N/AN/A14.24% VariablePoints$69
Gold Delta SkyMiles(R) Credit Card from American ExpressGold Delta SkyMiles(R) Credit Card from American Express
4.80/5
N/A9.99% For
12 Mths
14.5% variableRewards$95
Chase Sapphire℠ Preferred CardChase Sapphire℠ Preferred Card
4.80/5
N/AN/A15.24% VariablePoints$95
Discover® More CardDiscover® More Card
4.70/5
0% For
15 Mths
0% For
15 Mths
11.99% - 20.99% variable*CashBack$0
Citi® Platinum Select® MasterCard®Citi® Platinum Select® MasterCard®
4.70/5
0% For
21 Mths
0% For
21 Mths
11.99% - 20.99%* (Variable)Perks$0
Chase Sapphire℠Chase Sapphire℠
4.70/5
N/AN/A15.24% VariablePoints$0
New Ink Cash℠ Business - Earn up to $250 Bonus Cash BackNew Ink Cash℠ Business - Earn up to $250 Bonus Cash Back
4.70/5
0% For
6 Mths
0% For
6 Mths
13.24% - 19.24% Variable*CashBack$0
Ink℠ Classic Business - Up to 25,000 Bonus PointsInk℠ Classic Business - Up to 25,000 Bonus Points
4.70/5
0% For
6 Mths
0% For
6 Mths
13.24% - 19.24% Variable*Points$0
Discover® More Card - 18 Month Promotional Balance TransferDiscover® More Card - 18 Month Promotional Balance Transfer
4.70/5
0% For
6 Mths
0% For
18 Mths
11.99% - 20.99% variable*CashBack$0
Capital One® Venture(SM) Rewards Credit Card - $250 Travel RewardsCapital One® Venture(SM) Rewards Credit Card - $250 Travel Rewards
4.70/5
N/AN/A11.9% - 19.9% (V)Miles$59
Citi® Dividend World MasterCard® - $300 Cash BackCiti® Dividend World MasterCard® - $300 Cash Back
4.70/5
N/AN/A15.99% - 22.99%CashBack$0
Ritz-Carlton® Rewards Credit CardRitz-Carlton® Rewards Credit Card
4.70/5
N/AN/A15.24%Points$395
TrueEarnings(R) Card from Costco and American ExpressTrueEarnings(R) Card from Costco and American Express
4.60/5
0% For
6 Mths
N/A15.24% variableCashBack$0
Citi Forward® CardCiti Forward® Card
4.60/5
0% For
7 Mths
0% For
12 Mths
12.99% - 21.99%* (Variable)Points$0
Miles by Discover® CardMiles by Discover® Card
4.60/5
0% For
6 Mths
0% For
6 Mths
10.99% - 16.99% variable*Miles$0
Citi® Diamond Preferred® CardCiti® Diamond Preferred® Card
4.60/5
0% For
21 Mths
0% For
21 Mths
11.99% - 20.99%* (Variable)Perks$0
Blue Sky from American Express(R)Blue Sky from American Express(R)
4.60/5
0% For
12 Mths
N/A17.24% - 22.24% VariableTravel$0
American Express(R) Premier Rewards Gold CardAmerican Express(R) Premier Rewards Gold Card
4.60/5
N/AN/AN/ARewards$175
SimplyCash® Business Card from American Express OPENSimplyCash® Business Card from American Express OPEN
4.60/5
0% For
12 Mths
N/A13.24%CashBack$0
Capital One® Cash Rewards for NewcomersCapital One® Cash Rewards for Newcomers
4.60/5
N/AN/A24.9% (V)CashBack$0
Escape by Discover® CardEscape by Discover® Card
4.50/5
0% For
6 Mths
0% For
6 Mths
10.99% - 16.99% variable*Miles$60
Starwood Preferred Guest(R) Credit Card from American ExpressStarwood Preferred Guest(R) Credit Card from American Express
4.50/5
2.9% For
6 Mths
2.9% For
6 Mths
15.24% variableTravel$65
American Express(R) Gold CardAmerican Express(R) Gold Card
4.50/5
N/AN/AN/ARewards$125
Citi® mtvU™ Platinum Select® Visa® Card for College StudentsCiti® mtvU™ Platinum Select® Visa® Card for College Students
4.50/5
0% For
7 Mths
N/A13.99% - 21.99%* (Variable)Points$0
Ink Bold℠ with Ultimate Rewards - 25,000 Bonus PointsInk Bold℠ with Ultimate Rewards - 25,000 Bonus Points
4.50/5
N/AN/AN/APoints$95
The NEW Business Gold Rewards Card(R) from American Express OPENThe NEW Business Gold Rewards Card(R) from American Express OPEN
4.50/5
N/AN/AN/ARewards$175
Capital One® Venture for Business(SM)Capital One® Venture for Business(SM)
4.50/5
N/AN/A13.9% (V)Miles$59
Gold Delta SkyMiles® Business Credit Card from American Express OPENGold Delta SkyMiles® Business Credit Card from American Express OPEN
4.50/5
N/AN/A14.5%Miles$95
Starwood Preferred Guest® Business Credit Card from American Express OPENStarwood Preferred Guest® Business Credit Card from American Express OPEN
4.50/5
2.9% For
6 Mths
2.9% For
6 Mths
15.24% variablePerks$65
Citi ThankYou℠ Premier Card - enough for $300 in Gift CardsCiti ThankYou℠ Premier Card - enough for $300 in Gift Cards
4.50/5
N/AN/A13.99% - 21.99% (Variable)Points$125
Citi Simplicity® CardCiti Simplicity® Card
4.50/5
0% For
21 Mths
0% For
21 Mths
12.99% - 21.99% (Variable)Perks$0
Citi Forward® Card for College StudentsCiti Forward® Card for College Students
4.40/5
0% For
7 Mths
N/A13.99% - 22.99%* (Variable)Points$0
Discover® Student CardDiscover® Student Card
4.40/5
0% For
9 Mths
N/Aas low as 13.99%Cashback$0
Marriott Rewards Visa Signature Card - Earn up to 4 Free NightsMarriott Rewards Visa Signature Card - Earn up to 4 Free Nights
4.40/5
N/AN/A14.24% (Variable)*Points$30
Marriott Rewards Premier Visa Signature CardMarriott Rewards Premier Visa Signature Card
4.40/5
N/AN/A14.24% (Variable)*Perks$65
Capital One® Business Platinum with Preferred No Hassle Miles(SM)Capital One® Business Platinum with Preferred No Hassle Miles(SM)
4.40/5
0% For
6 Mths
N/A14.99% - 22.99% (V)Miles$0
The Plum Card® from American Express OPENThe Plum Card® from American Express OPEN
4.40/5
N/AN/AN/ARewards$185
Citi ThankYou℠ Preferred CardCiti ThankYou℠ Preferred Card
4.40/5
0% For
15 Mths
0% For
15 Mths
12.99% - 20.99%* (Variable)Points$0
Capital One® Secured MasterCard®Capital One® Secured MasterCard®
4.40/5
N/AN/A22.9% (V)Perks$29
Capital One® VentureOne(SM) Rewards Credit CardCapital One® VentureOne(SM) Rewards Credit Card
4.40/5
0% For
12 Mths
N/A11.9% - 19.9% (V)Miles$0
Citi® Hilton HHonors™ Visa Signature® CardCiti® Hilton HHonors™ Visa Signature® Card
4.40/5
N/AN/A14.24% variable or 16.24% variable*Points$0
Discover® Open Road Card - $150 Restaurant.com Gift CertificateDiscover® Open Road Card - $150 Restaurant.com Gift Certificate
4.30/5
0% For
12 Mths
0% For
12 Mths
11.99% - 20.99% variable*CashBack$0
Slate℠ from ChaseSlate℠ from Chase
4.30/5
0% For
15 Mths
0% For
15 Mths
As low as 11.99% VariablePerks$0
Capital One® No Hassle Cash(SM) Rewards Credit Card - AverageCapital One® No Hassle Cash(SM) Rewards Credit Card - Average
4.30/5
0% For
9 Mths
N/A17.9% - 22.9% (V)CashBack$39
Citi® Dividend Platinum Select® Card for College StudentsCiti® Dividend Platinum Select® Card for College Students
4.20/5
0% For
7 Mths
N/A13.99% - 21.99%* (Variable)CashBack$0
Orchard Bank® Visa® CardsOrchard Bank® Visa® Cards
4.20/5
N/AN/AStandard APR: 7.90% - 28.90%Perks$0
Capital One® Platinum Credit CardCapital One® Platinum Credit Card
4.20/5
N/AN/A24.9% (V)Perks$19
Capital One® Orbitz® Visa® PlatinumCapital One® Orbitz® Visa® Platinum
4.20/5
0% For
12 Mths
N/A13.9% - 19.9% (V)Points$0
Capital One® Platinum Prestige Credit CardCapital One® Platinum Prestige Credit Card
4.20/5
0% For
15 Mths
0% For
15 Mths
10.9% - 18.9% (V)Perks$0
Visa® Black Card™Visa® Black Card™
4.20/5
N/A0% For
6 Mths
14.99%CashBack$495
Discover® Open Road Card for StudentsDiscover® Open Road Card for Students
4.10/5
0% For
9 Mths
N/Aas low as 13.99%CashBack$0
Capital One® Business PlatinumCapital One® Business Platinum
4.10/5
0% For
9 Mths
N/A19.99% (V)Perks$39
Discover® Motiva CardDiscover® Motiva Card
4.00/5
3.99% For
15 Mths
3.99% For
15 Mths
11.99% - 20.99% variable*CashBack$0
Capital One® Classic Platinum Credit Card - AverageCapital One® Classic Platinum Credit Card - Average
4.00/5
0% For
9 Mths
N/A17.9% - 22.9% (V)Perks$39
Journey℠ Student Rewards from Capital One®Journey℠ Student Rewards from Capital One®
4.00/5
N/AN/A19.8% (V)CashBack$0
Mango™ Prepaid Debit CardMango™ Prepaid Debit Card
3.70/5
N/AN/AN/APerks$0
YAP™ MasterCard Prepaid CardYAP™ MasterCard Prepaid Card
3.70/5
N/AN/AN/APerks$0
Platinum Zero® Secured Visa® Credit Card from Applied Bank®Platinum Zero® Secured Visa® Credit Card from Applied Bank®
3.60/5
N/AN/A0%Perks$0
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