Money & Investing - Banks.com

Forex trading is an interesting and exciting mode of investment. It is rather risky, though, and it helps to have a mentor or to use a practice account before you actually start committing your own money. And it also helps to have a reliable forex trading platform that can help you analyze positions and figure out what might be the next thing to do. One trading system that you might consider is Nth Degree, from Forex Strategy Secrets.

Forex trading systems from Forex Strategy Secrets

I have seen the training videos and systems offered by Forex Strategy Secrets for beginners (Jump Start) and intermediate traders (Launch Pad). Nth Degree is for advanced traders who are ready to take on more risk and try to earn more money through currency trading. Using these systems costs money (except the Jump Start training videos), but I got to look at Nth Degree for free — a sneak peek.

Nth Degree looks powerful. There are real time quotes for currency pairs on the side, and there are a number of helpful tools you can use to help you with your analysis. Training videos on using Nth Degree help walk you through the system so that you you learn to use it accurately and learn how to make efficient use of add-on signals. Developing forex trading strategy with Nth Degree offers the potential for you to increase your profits, since more defined points of entry and exit are offered, as well as explanations of the system.

Nth Degree doesn’t actually launch until Thursday, the 26th, but you can get your own sneak peek by signing up at Forex Strategy Secrets.

Disclosure: I do not use Forex Strategy Secrets to make trades. Forex Strategy Secrets did not pay me for this review. All I receive is free access to the videos for review purposes.

Disclaimer: Forex trading is very risky. It is not suited for everyone I am not an investment professional. Nothing in this piece or on this Web site should be construed as investment advice. Before making investment decisions, do your own research and/or consult with an investment professional. All investment comes with the risk of loss. You are responsible for your own investment decisions and any loss that may result from your decisions.

There are a number of investing applications that can help you keep up with what is happening in the financial world while you are on the go. Stock Trading To Go has a helpful list of some of the best iPhone investment applications:

1. Bloomberg. You can get the latest financial news and information from Bloomberg with this free app. If you prefer to focus on a particular market or category, you can customize your homepage. Nice.
2. Yahoo Stocks. Just what it sounds like. Yahoo is offering a free application for iPhone that allows you keep track of your stock investments of choice — anywhere.
3. iStockManager. This application works with a TD Ameritrade account. You can take a look at your account and even make trades. No matter where you are, you can use your iPhone to buy and sell stock.
4. USA Today. Information on various financial sectors and stocks. Very helpful in terms of keeping you up to date.

Additionally, there are other financial applications that allow you to keep up with other aspects of your financial life, including applications from Mint.com and the EZ Loan Calc. If you are using Mint to keep track of your budgeting and other aspects of your finances, this can be handy. Likewise, EZ Loan Calc can help you figure out all the details of a mortgage loan, from total interest paid to payments. Compare loan offers right from your iPhone.

It is true that technology is making a lot of things easier. And now you can invest and keep track of your finances — no matter where you are. As long as you have WiFi access.

Disclaimer: I am not an investment professional. Nothing in this piece or on this Web site should be construed as investment advice. Before making investment decisions, do your own research and/or consult with an investment professional. All investment comes with the risk of loss. You are responsible for your own investment decisions and any loss that may result from your decisions.

image credit: kenleyneufeld on Flikr

Related articles by Zemanta

• Minty iPhone! (photogreg.typepad.com)
• Mint.com Launches Finance App for iPhone (marketingvox.com)
• Review: Mint.com for iPhone (macworld.com)

If you are looking for a way to “learn by doing” with regard to investing in the stock market, you may be in luck with Wall Street Survivor. Wall Street Survivor is a fantasy stock trading game that offers real-world prizes for those that do well. It provides an interesting platform to test the waters and try out investing strategies. Here is what I read in a press release from Wall Street Survivor:

Utilizing the web’s most sophisticated trading simulation engine, Wall Street Survivor enables users to build and track virtual stock portfolios bought with pre-set fictional (play money) trading budgets, all while executing a full range of trading actions.  The Wall Street Survivor features the world’s only simulator where trades and portfolios are executed and updated in real time. 

Wall Street Survivor: Social Networking for Investors

Wall Street Survivor not only offers tools to let you see how your investments would be doing on the real stock market, but it also helps you connect with others. The game includes a fully-integrated social networking community that allows you to make “friends” and exchange messages. You can also learn valuable investing lessons and get tips. Read community stock picks and see how your decisions (and the results) compare with what others are doing.

Wall Street Survivor offers a fun and interesting way to test your knowledge and skill in the stock market. Additionally, it offers some good practice that can be applied to actually trading in the real stock market. It’s a great way to learn the ropes without risking any of your too-scarce-right-now capital. Plus, it’s nice that you can win prizes as well as a warm, happy feeling when you do well.

Disclosure: I learned about Wall Street Survivor through direct email contact. I have not been compensated in any way for writing this overview.

Disclaimer: I am not an investment professional. Nothing in this piece or on this Web site should be construed as investment advice. Before making investment decisions, do your own research and/or consult with an investment professional. All investment comes with the risk of loss. You are responsible for your own investment decisions and any loss that may result from your decisions.

Tags: stock market, stock market news, investing blog, Wall Street,
economy, stock trading, stock trading game