Monday, June 21, 2010

How to make money from money

Top ten tips for trading FX



How to make money from money
By Okwelum Fidelis M


1. Practice before you start trading with real money. Could you imagine an athlete going to the

Olympic Games without preparation and training? Make sure you have practised your trading on a demo

platform and get comfortable with it and your trading style before committing real money.

2. Know what moves currency markets. Like any asset class, there are a number of factors that drive

currency performance. A country’s macroeconomic situation can have a major influence – economic data

releases, policy decisions and political events can change an economist’s outlook on the country, and

therefore the currency. There are also technical factors such as interest rates, equity markets and

international trade which may have an impact. Spend time getting to know these.

3. Understand the strategies. Yes there is a method to the madness. As a trader you need to be aware

of three crucial trading strategies which are often used by currency traders; the carry, momentum, and

value trade. Momentum tracks the direction of currency markets; the carry strategy sees investors

selling currencies with low interest rates and buying those with high rates; and the valuation

strategy takes a position based on the investor’s view of a currency’s value. However, the strategies

that you use are up to you.

4. Manage risk. As with any investment decision, you must decide what risk you’re willing to accept.

Ask yourself, “how much am I prepared to lose on this position?” If you don’t have a convincing or

comfortable answer then you should rethink the trade. Do not risk more than you can afford to lose.

Think about how you can mitigate your downside risk by using of trading strategies such as stop losses

or limit orders.

5. Stick to your knitting. There are literally hundreds of currency pairs that can be traded in the

currency markets, each of which have their own characteristics and considerations to understand and

analyse. If you’re participating in the market on a part time and non professional basis, it is

probably better to concentrate on just a few pairs and commit to thorough and robust research on

those, rather than superficial research on the many. Some key things to consider when analysing a

currency pair are its liquidity, transaction costs (the spread) and its volatility. As a general

rule, major currencies usually have better liquidity, tighter spreads and lower volatility, versus

emerging market currencies which have poor liquidity, wide spreads and volatile movements.

6. Plan your trade, and trade your plan. It’s one thing to have a plan, it’s quite another to execute

it. It is important in currency trading to not get caught up in the moment – the markets are fast

moving and in the short term can be unpredictable. Rather than trying to make a quick profit, stick

to your long term plan based on your research. Good currency traders make money in the long term by

being disciplined, not necessarily by making short term bets.

7. Research, research, research. It’s important to stay up to date. All currencies move quickly and

checking the price once a week is not going to help you make strong long term returns. It is helpful

to use an online provider that gives you up to the minute data and statistics. Traders use this data

to constantly assess their trading positions.

8. Keep your emotions in check. Like many important decisions, it is vital to keep emotion out of any

trading decision you make. If you’re upset about missing out on an opportunity and want to trade

yourself better, or want to go ‘off-piste’ to make up for a loss earlier in the day – reconsider,

because you’ve got the warning signs of someone about to make a rash and irrational decision. If you

do feel yourself getting emotionally involved in a particular trade, take a deep breath, review your

strategy, and establish how such a decision will affect your overall approach before going anywhere

near the ‘execute’ button.

9. Don’t expect to win on every trade. That may not sound like much of a sales pitch, but even the

most successful of traders don’t win on every trade. What they do have is a robust plan and long-term

strategy which carefully considers the risks. So don’t necessarily be disheartened if a trade doesn’t

go your way; review why it went wrong and see if there is anything to learn from the experience. But

don’t think that currency trading is an option for those seeking quick money, because like any

investment, it only should be played by those with a long-term end-game in mind.

10. Don’t put all your (nest) eggs in the currency basket. Foreign exchange is only one of the many

asset classes you should be considering as part of a balanced investment portfolio. FX trading is not

suitable for every investor, so if you are committing all of your financial resources to FX trading be

sure you are fully aware of the risks and rewards of doing so, because it’s not recommended. The same

applies for currency trading itself; spread your risk by not placing all your faith in a single trade

because diversification is key; no matter what asset class you’re investing with.

Sunday, June 20, 2010

The Law of Clarity By: Okwelum Fidelis Maxwell

Action Exercise
Determine how you will measure progress and success of achieving your goal. Write it down.


The Law of Clarity
By: Okwelum Fidelis Maxwell

Clarity accounts for probably 80% of success and happiness. Lack of clarity is probably more responsible for frustration and underachievement than any other single factor. That's why we say that "Success is goals, and all else is commentary." People with clear, written goals, accomplish far more in a shorter period of time than people without them could ever imagine. This is true everywhere and under all circumstances.

The Three Keys to High Achievement
You could even say that the three keys to high achievement are, "Clarity, Clarity, Clarity," with regard to your goals. Your success in life will be largely determined by how clear you are about what it is you really, really want.

Write and Rewrite Your Goals
The more you write and rewrite your goals and the more you think about them, the clearer you will become about them. The clearer you are about what you want, the more likely you are to do more and more of the things that are consistent with achieving them. Meanwhile, you will do fewer and fewer of the things that don't help to get the things you really want.

"Discover How Working Less Can Catapult You to Untold Business Success"
Why is it some people are wildly successful while you seem to be struggling to make more? For years I've coached top business people and entrepreneurs. I've worked face-to-face with them to improve every area of their life. These same techniques used in my coaching program are now available to you

The Seven Step Process for Achieving Goals
Here, once more, is the simple, seven-step process that you can use to achieve your goals faster and easier than ever before.

First, decide exactly what you want in each area of your life. Be specific!

Second, write it down, clearly and in detail;

Third, set a specific deadline. If it is a large goal, break it down into sub-deadlines and write them down in order;

Fourth, make a list of everything you can think of that you are going to have to do to achieve your goal. As you think of new items, add them to your list;

Fifth, organize the items on your list into a plan by placing them in the proper sequence and priority;

Sixth, take action immediately on the most important thing you can do on your plan. This is very important!

Seventh, do something every day that moves you toward the attainment of one or more of your important goals. Maintain the momentum!

Join the Top 3%
Fewer than three percent of adults have written goals and plans that they work on every single day. When you sit down and write out your goals, you move yourself into the top 3% of people in our society. And you will soon start to get the same results that they do.

Review Your Goals Daily
Study and review your goals every day to be sure they are still your most important goals. You will find yourself adding goals to your list as time passes. You will also find yourself deleting goals that are no longer as important as you once thought. Whatever your goals are, plan them out thoroughly, on paper, and work on them every single day. This is the key to peak performance and maximum achievement.

Action Exercises
Here is how you can apply this law immediately:

First, make a list of ten goals that you would like to achieve in the coming year. Write them down in the present tense, as though a year has passed and you have already accomplished them.

Second, from your list of ten goals, ask yourself, "What one goal, if I were to accomplish it, would have the greatest positive impact on my life?" Whatever it is, put a circle around this goal and move it to a separate sheet of paper.

Third, practice the seven-step method described above on this goal. Set a deadline, make a plan, and put it into action and work on it every day. Make this goal your major definite purpose for the weeks and months ahead.

Get ready for some amazing changes in your life.

"Do Anything You Want Just by
Setting a Goal!"
Do you constantly make resolutions and goals in your mind, but never follow through with them? It's as simple as learning the powerful goal setting and achieving techniques that I will teach you . When you learn my goal-achieving process you will become unstoppable and live the life that YOU want.

15 Secret Abilities of FORM Power and ESP (Extra Sensory Perception)

15 Secret Abilities of FORM Power and ESP (Extra Sensory Perception)

By O. Okwelum Fidelis, Creator of FORM Power Training

When one thinks of FORM Power Training , the concept of developing Extra Sensory Perception or ESP becomes a very real possibility. How does a physical exercise like FORM Power Training relate to the development of Psychic abilities or ESP?

The one key factor that one must realize is that physical "Internal" training can have a direct result on mental capabilities as it relates to ESP.

The reason is that when you combine certain physical exercises with mental exercises, you create a way to tap into the inner resources of the Mind, Body connection.

Many have searched far and wide to learn these supposed secret abilities. These "secrets" are really returning the body back to the way it was when we were younger and had perception. As we get older, we come to dismiss the abilities we had as children.

The key to doing this is learning how to sensitize the body after it has been desensitized after all the years of growing older and allowing your mind and body to conform to what is "normal" and or "abnormal".

The only "normal" you have is whatever your concept of normal is. It may take a while for you to begin to realize and understand the true capabilities that you truly have and how you can use them, but that doesn't change the fact that it is what it is.

The simple way to get this to work is to allow yourself to get into a meditative state and get your body to relax, while you instruct the mind and condition the body to "re-sensitize" itself to all available stimuli available. Sounds easy and simple, but is it really?

Well, it is if you know how to do it. When you have a blueprint that enables you to guide yourself step by step into a new reality, it gives you a power to become more than you could ever have imagined.

The nice thing about this training is that you can go at any pace you want to. Some train hours every day, while others have a less aggressive routine, one that will assist them to get the results they want in the time frame they want, need and desire.

The question is, will you take the next step to allow yourself the chance to get the most out of your mind, body & spirit, and the full potential that is inside of you?

15 Powers You Can Easily Develop

Here is a short list of some of the abilities you can experience:

Crossing of the senses ("seeing" sounds), in which a numinous beauty is revealed or an extrasensory perception is dramatized.
Feeling" people in a house though you cannot see or hear them.
Feeling that someone is watching you, after which you turn to meet his or her gaze.
Feeling a basic compatibility (or incompatibility) with people before you meet them.
Correctly guessing the location of water or other materials by extrasensory processes.
Spontaneous, unexpected perceptions of distant events.
Hearing music or other sounds, for which there is no discoverable physical source, which enlivens particular thoughts or emotions.
Correctly sensing the location of lost objects without the help of sensory cues.
Opening books to the exact passage you are searching for.
Watching someone's face reveal-as if in slow motion-unsuspected feeling, traits, or possibilities for development.
Sensing a numinous presence during meditation, intimate conversation, or other circumstances.
Seeing lights around people or inanimate objects for which there are no apparent sources.
Looking at something familiar and seeing it as if for the first time.
Spontaneously apprehending the presence of someone physically distant or dead, by direct and vivid contact.
These are skills or abilities one can achieve through the right discipline of meditation and advanced FORM training (building up the nerve fibers).

The question is not whether you can achieve these results, but rather, do you have the courage and instinct to continue expanding your mind and body?

Saturday, June 19, 2010

A Millionaire’s Secret

A Millionaire’s Secret
by Okwelum S ay s
Sapele was nasty as could be. As I sat on the bench waiting for my bus to
arrive I couldn’t wait to get back to the backwoods of Umutu. I had almost sat in a
pool of blood that was on the far end of the bench and I was ready to go. I truly hope
people coming to visit our country don’t make Sapele one of their stops.
Anyway, before my bus arrived I was approached by a nicely dressed elderly gentlewoman
in need of directions. I told har I had no idea what she was looking for as I too was
just passing through. To this day I’m not sure why, but we started talking as if we had
known each other for years.
We talked about life, people and eventually the conversation turned to business. It was
here that the gentlewoman saw something in me, I suppose, that made him feel like sharing
what she said was the greatest secret ever told. She said everyone had heard it but
almost no one paid any attention to it, even though it was the one thing that could
bestow a fortune upon any man or woman who used it.
My ears where definitely starting to perk up. Something about his tone told me this
woman knew from whereof she spoke. And I wanted to know what the secret was with a
passion. She must have sensed my anxiousness because at that very moment she gave
me a warning that was almost a scolding.
I’ll try to recount here as best I can the rest of our conversation...
Woman: “Do not make the mistake of shrugging off what I am about to tell you because
you have heard it before. No doubt you have heard it already from at least one person
in your life. You may have even heard it many times. Do you have any aversion to religion
Mr. Says?”
Me: “No I don’t. I don’t believe many preachers know what they are talking about or
even what they are trying to teach, but I do know the Bible has a lot of great knowledge
in it.”
MONEY MAKING SECRETS
Woman: “Good. I would not want you to discount what I am about to tell you because it
does come directly from the Bible. But its applications reach far beyond what most
people can conceive of. It will take thought, intense pondering on your part, to begin to
get some inkling of its power.”
“This simple secret, when applied to business, will draw money to you as easily as
water runs down a mountain. Even a fool can apply it and prosper. When applied to
relationships, it will create more friends than you can handle” (laughing heartily)
Me: “What is it, I’m dying to know now?”
Woman: “Patience Mr. Says, Patience. I will not give it to you as it has always been
repeated by fools who have no respect or knowledge of what it even means. No. I will
give it to you another way. What type of business are you interested in?”
Me: “Well, I’m dabbling in Mail Order right now. I would like to place ads and sell books.”
Man: “Fine. Fine. Mail Order it is. Let me tell you how to create a fortune in this Mail
Order. All you have to do is create the product you want to buy”
Me: “I don’t understand”
Woman: “You will”
“You see, you are your market. Whatever you want, there are millions of other people
wanting the same thing. That elusive product you are looking for is the product millions
of others are also looking for right now.”
“All you have to do is create the product you want to buy, the product you yourself
have been looking for. Once you have this product, what would you want the sales
message to say so that you know this is the product you have been looking for?”
“If someone else where selling this product, what would you want the ad to say, what
would get you to buy this product? When you have that answer, that is the ad you want
to create.”
Me: “I see.” (hesitantly)
Waman: “See the business across the street here? Pizza. I could triple the business that
place does inside of 10 minutes. That’s what I do by the way.” (smiling)
“All I would do is walk into the business as a customer. I would sit there and imagine
all the things that could be done to me that would make me a loyal customer to that
business for life. What could they do for me that would make me feel this way?”
“Once I had the answers to that question, I would implement them across the board.
Every customer would be treated the way I had imagined. And without any doubt what
so ever that business would triple the profits it now makes.”
Me: “I think I know...”
Woman: “Wait, you don’t really know anything yet. That’s the problem with people. They
brush something off because of where it came from or because they heard it many
times. Leave that for fools. You won’t ”know it“ until you have deeply pondered it and
put it to use.”
Me: “Ok”
Woman: “What I am telling you has power undreamed of. The simple words used to
describe it cannot contain it. Does not do justice to it, and has been prostituted by
blabber mouths who let wisdom fall off their lips with not even a single brain cell grasping
what they are rambling about.”
“What I am telling you is Law, not man’s Law, but the very Law’s of nature herself. It’s
the way things work and those who truly understand it rise to the top in every field
known to man.”
“What people don’t understand is that it applies to everything. This secret can be
applied with virtually every step you take, everything you do, every word you speak
and everyone concerned profits by it.”
“If you are a writer, write like you would like to be written to”
“If you are a salesman, sell like you would like to be sold to”
“If you are a speaker, speak like you would like to be spoken to”
“If you want more love, then love like you would like to be loved”
“If you want more friends, be the friend you would like to see”
“When you infuse everything you do with this secret it takes on a magical power.
Businesses dominate the market, books become best sellers, leaders attract huge and
loyal followings.”
“How would you like it?”
“How would you respond to it?”
“How would it make you feel?”
“Those are great questions to think about every time you do or create something. You
will get into the hearts and minds of everyone who comes under your influence if you
will first think how you would have it done to you.”
“I’m certain you already know the quote from the Bible I’m referring to. But don’t repeat
it, just ponder it and practice it.”
Me: “I do. But I’ve never thought of how it could actually apply to everything in life. I
too was one of those who passed it over without so much as a second thought. I
really want to thank you for sharing this with me.”
Woman: “It’s been a real pleasure talking with you Mrs. Says, have a safe journey home.”
And with that, she was gone. The funny thing was, as I was riding home on the bus I
realized I never got his name, nor do I remember ever giving him mine. Maybe she saw
my luggage tag. I’m not sure. It really doesn’t matter. What does matter is that I’ve
profited from that advice for the last 15 years.
MONEY MAKING SECRETS OF MIND POWER MASTERS
I’m not even really any good at it either and I’ve still pulled in huge amounts of money.
Especially from the Internet. This is one place this knowledge can really shine. People
have always asked me my secret. How come the Warriors is still here, with the same
products, with all this competition, after all these years?
This one simple secret is the answer. I always ask myself how would I like to be treated
by this company? What would I like to see? What would I like to get? How would I
like to be dealt with?
Those simple questions are all you have to answer. When you do get the answers, put
them into action and watch what happens.
Create The Site You’ve Been Looking For
Write Like You Would Like To Be Written To
Sell Like You Would Like To Be Sold To
Talk Like You Would Like To Be Talked To
Deal Like You Would Like To Be Dealt With
Create For Others What You Would Like Created For You
Excite Others The Way You Would Like To Be Excited

7 Steps to Opening the Third Eye

7 Steps to Opening the Third Eye

By M. Okwelum Fidelis, Creator of FORM Power Training

The third eye, also called the inner eye or the mind's eye, allows you to observe the world in a manner similar to as you do in your dreams, even with closed eyes. The opening of the third eye heightens your sensitivity, and the working of the mind attains a great balance.

There is a certain procedure that needs to be followed step-by-step in order to open this third eye of yours. And in order to unlock the door of intuitive powers, you are required to master your mind.

Anything in this world is possible if you have a strong belief. You can open the third eye if only you have a strong belief that it exists. The eye can easily be opened even while being conscious.

Once you become aware of its presence, the next plan of action should be to know the details of purusa (attentional principle). This principle helps you to understand the importance of separating your dreams with your logic and assumptions. This is important for the sole functioning of the third eye.

Once this level is reached, you are ready to meditate and focus all your energies towards the opening of the third eye. At this stage, the temperament of your concentration transforms into self-understanding. Now, the attentional principle plays an important role in raising your vibrations.

Once you understand the concept of the opening of the third eye, just sit upright on the floor, or a chair or a sofa in a cross-legged position. Then try to relax your body starting from the shoulders.

You can practice half-head circles to release any kind of stiffness you may be experiencing. Close both your physical eyes slowly and try to focus your entire attention towards a point present in the middle of the eyebrows. This attention can be shifted to the lower areas after an interval of 3 to 6 min.

While following this simple procedure, there are a few things you must keep in mind:

1. Sensing is an important feature of this procedure. It is indeed necessary for you to be aware of the commotion that arises from the environment.

2. Your body has to be perfect enough to detect all the sensations arising in it.

3. Now is the time to feel, and experience the immense flow of sensations through your body.

4. Feeling helps you to recognize and separate each sensation individually.

5. Now is the time to reflect on memories, feelings, and sensations.

6. You have to notice every feeling that keeps coming up now and then from the store of the subconscious. You have to identify the present co-relation of these memories in order to understand their significance.

7. Then, ultimately is the act of refocusing concentration to stir each chakra related to your subconscious mind.

After completing the above mentioned steps, you are geared up to focus your entire power of concentration at the rear of the point in the middle of your eyebrows. If you are successful, you will come upon a presence that will allow you to observe. You will then see light spawning from this presence, and the opening of the third eye will take place.

A. Thomas Perhacs has created many
unique and esoteric courses on meditation, chi power, qigong, healing methods,
and other topics. Learn more at
Advanced Chi Power Training



Also by M. Okwelum Fidelis:
15 Secret Abilities of FORM Power and ESP