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Forex Education – 4 Tips for Getting the Best Education To Win

Forex trading looks simple yet few succeed – 95% of new traders lose their money and only 5% win. This may seem an odd fact when anyone has the potential to learn forex trading.

The answer is most traders simply learn the wrong forex education and this article will give 4 tips to get the right education and win.

Firstly the growth of the internet has led to a lot more information becoming available to forex traders and some of it is very good – but most of it is junk and will simply ensure you lose and this leads us to our first tip.

1. Be wary of vendors selling education on the net

Most of them make me laugh for $ 100 or so I can get a system to make me regular profits every day, trade with 80% accuracy or even make me a millionaire – all for a few hundred dollars!

Do not buy them – they will not help your forex education.

There simply marketing guys not traders – if they were, they would shut up and trade for themselves, if making money was as easy as they say they would not need me or you.

2. Do not learn the wrong Knowledge!

There are many myths that have beenpetrated on the net mostly by vendors and let's start with the largest one – forex day trading works.

No it does not, day traders do not make money – period

All short term volatility is random, so it can not – that's why you never see a day trader with a real time track record of profits.

Scientific theories are a great way to make money, another stupid myth.

If markets moved to scientific theory, we would all know the price in advance and there would be no market, yet new traders still learn junk theories like Elliot wave and Fibonacci numbers, lose and wonder why.

3. Get Knowledge from the real pro's

You can do this simply by going to Amazon.com and you can get some really good forex education from traders who have walked the walk, rather than simply talk the talk.

For about $ 100 or so you can get some great advice (see our top 10 books for traders) and get them. They will inspire you and give you a good solid grounding in what it takes to be a successful forex trader.

This is an investment in your forex education that is well worth the money.

4. Work Smart Not Hard

Forex education involves working smart not hard and learning the right knowledge.

If you want to learn forex trading ALL that you need to build a successful system is available free on the net.

See our other articles, there is some great information on technical analysis, formations and indicators and it's all free.

You do not get rewarded for the effort you put into forex trading you get your reward from being right with your forex signals – nothing else. All you need to do is get the right info and you can become a successful trader.

CONSIDER THIS FACT

In 1983 Legendary trader Richard Dennis to prove that traders could be taught took 23 traders with no trading experience and taught them to trade in 14 days.

These traders went on to make Dennis $ 100 million dollars! The story is told in "The way of the turtle" and also Market Wizards – Get these books and you will see that Dennis made them focus on the RIGHT education to win with no filler.

Now you may not make as much money as the turtles but anyone can learn to trade and learn to win if they focus on the right education – you just need to find it digest it, apply it and hopefully this article will have pointed you in the right direction – Good luck.

Hotels in Puri With Swimming Pool

Located on the eastern shores of India is the holy city of Puri – one of the sacred Char Dhams. Puri also has a beautiful beach and many good hotels that offer all the necessary amenities such as swimming pools. Read on to know more about this beach city and also check out some good Puri hotels with nice pools.

The town of Puri is located on the shores of Odisha overlooking the Bay of Bengal. It is located around 60kms south of the capital city Bhubaneswar and is well connected by roads and railways. The nearest airport is the Biju Pattnaik Airport that is in Bhubaneswar around 65kms away. Puri is a bustling pilgrimage town and is famous for its 11th century shrine dedicated to Lord Jagannath- a form of Lord Vishnu. The temple complex covers an area 10 acres and houses three main temple structures associated with the Lord and his siblings. The complex also houses numerous other small temples dedicated to various deities and each temple is said to have a myth behind it. The temple visit should take a day and you should also try out the delicious Prasad that is a full blown meal by itself. After visiting the temple, head straight towards the sea beach. One of the most beautiful beaches on the eastern coasts, the Puri beach is an ideal place to relax or frolic in the waters. The waves are not very high and the beach is considered to be safest for swimming. The beaches are also ideal for taking a long relaxing walk among the soft sands in peace. It is advisable to take a bath with fresh water after a dip in the sea as the salty water could play havoc with your skin and hair. There is a paid bathing service near the beach but if your hotel has its own swimming pool then it could prove to be a blessing. Many luxury hotels in Puri with swimming pool also have their own private beach and you can take a dip in the sea and relax in the swimming pool afterwards. These hotels also offer pool facilities such as bar / eateries, Jacuzzi, steam baths, etc. making the pool side an absolutely relaxing experience. Check out below some of the good hotels in Puri with swimming pool and other added features.

Hotels in Puri with swimming pool

Hotel Holiday Resort is one of the finest 4 star Puri hotels that is located close to the sea beach on the Chakratirtha Road. It enjoys a customer recommendation of approximately 86% which means 9 out of 10 people would select this particular hotel. Previous guests have praised its location, facilities and its standard of services. The hotel offers a nice swimming pool along with sauna, Jacuzzi and steam bath. The rooms cost Rs.2000.

The Chariot Hotel is a 3 star hotel in Puri that is located near the sea beach. It enjoys wide recommendation among travelers and is known for its numerous facilities and its tranquil surroundings. The hotel has its own private beach and offers a swimming pool and an aqua park along with spa, Children Park, a multi-cuisine restaurant and an open air cafe. The room rates start from Rs.4000.

Education Funding More Options

As the cost of higher education continues to rise, many parents and young people struggle with how to cover the cost of college education. Costs of in state and private schools. What are your options when planning for education funding?

529 Plan- These types of plans allow you to contribute after tax dollars that grow tax free. Qualified withdrawals from the plan are not taxed when used for qualified education expenses. You can choose a savings plan that works similar to an IRA, which allows the student to attend a school of his/her choice. Or, you can choose a pre-paid plan that allows you to pre-pay part or all of the costs of an instate public college education.

More option please visit :

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Life Insurance – Some types of life insurance build cash value and also provide a death benefit. If funded properly, you can access the cash value at the time the child attends college. Keep in mind that accessing the cash value, could also affect the death benefit provided under the policy.

Student Loans- Student loans can be helpful but it is important to remember that students may have to divert funds in the future to repay loans. These are funds that could be used to be used to accomplish other financial goals. If borrowing becomes a necessity, parents could also take a home equity loan and deduct the loan interest at tax time.

Transferring Funds to Children- As of the 2017 tax year, parents and grandparents can gift up to $14,000 to each child without gift tax consequences.

Tax Credits- The American Opportunity Tax Credit and Lifetime Learning Credit are tax credits available to full time students. Household income guidelines do apply, so be sure to check the IRS website to see which option might work better for your family.