Is there a future in futures trading? It depends on how you look at it, the answer can be either yes or no. So what is the relevance in attending a LIVE futures trading seminar and other forums? There are several mistakes a broker usually commits. The first of that you could say is mistaking a commodity into a profit gain that is actually nothing but a loss in the end. No. The most familiar misjudgment to do away with for any broker is by turning the profit into a loss. You had your $ 1000 profit already. You have doubled your savings. The most practical thing to do is either to dissolve it so you will have your hard cash or you can triple it by investing once more.
In this dilemma that numerous of traders lose all their investments since just about 30% of the market trend tends to fluctuate. For those who did not have any exit plan the broker is left with either a price down or a zero profit. So, for a second time-what is the relevance of attending a LIVE futures trading seminar? Seminars and forums give information to traders with not just the efficient stratagem of gaining money but the possible alternative also in case the market turns out bad. No other book could teach you that since at the end of the day, books are only plain theories and no hands-on relevance.
Another popular mistake is thinking that everything looks so easy and uncomplicated. Guidebooks are printed to convince every person to trade. There is nothing wrong with that, for you can really make money from investing. However, what texts and manuals tend to forget is to warn everybody that in every profit gain, there is also the high chance of profit loss. Many traders lose money not even finding out why. This is practically seen in a newbie in the trade. Why?
Futures trading involves a lot of money, hence the return is also high. Almost every expert advises any trader especially in futures to follow a money management plan. Any trader who began even with paper trading knows how useful a management plan is. It involves predicting when to buy a commodity, knowing how much capital to risk and assessing when to cut losses. Especially with futures, one of the disadvantages here is the leverage (or risk, in simple terms). Big commodity is equal to high risk. In order to cover the losses most traders decide to overtrade. Overtrading means purchasing too many commodities or buying a commodity with high leverage.
Many traders indeed profit from overtrading, but they can quickly lose money as well. Again, it is because purchasing in excess could never turn out good. And also, a useful marketing strategy is the answer. Next is the strict self-control to follow it. In each LIVE futures trading seminar you may go to, you might encounter many long-time traders who want to make it profitable next time. Learn from their errors and learn how to discipline yourself.
The BLACK Man in the WHITE House: Racism Is Alive and Well in America
The Civil Rights Act of 1964 ended segregation in public places and banned employment discrimination on the basis of race, color, religion, sex or national origin. While this law was created to protect voter's rights and eliminate segregation in schools, restaurants and workplaces, the reality is that 50 years later Americans are still battling with these issues.
While many say racism is over and point to the fact that America has its first black president, Barack Obama's election actually ignited racial tension in the country, rather than ending it. As a result white supremacists, hate crimes and internet sites like Stormfront have grown exponentially.
These extremist organizations are fueled by an increased fear of nonwhites' power in government and the rising number of immigrants that are taking over "their" America. Racists choose to disregard the laws of this country in favor of their own warped ideology.
In the last couple of weeks, Cliven Bundy, Donald Sterling and Paul Ryan made racial comments that went viral, and dominated numerous hours of media coverage. Many Republicans stood up for Bundy prior to his racial comments, even though he was convicted of owing the federal government $1 million and refused to pay it. The NBA took unprecedented action against Sterling. And Paul Ryan defended his statements by saying, "I'm not a racist. I was inarticulate."
Sport franchises, corporation executives and politicians are riddled with racists of varying degrees. Most just have the common sense to avoid public pronouncements of their views, but that doesn't mean racism doesn't exist.
Playing into the racial frenzy that is sweeping our country are Republican governors like Scott Walker, Rick Perry and Rick Scott. All are hoping to suppress minorities' voting rights in their states in order to pass legislation that most Americans, especially minorities, don't support. After all, if only whites could vote, things would be very different.
With this mindset, many Republican Congressional representatives want to roll back the clock to the good ol' days of the fifties and sixties. The Supreme Court is aiding in this mounting discrimination with their recent decision to gut portions of the Voting Rights Act of 1965. This action to quash the Act, which was passed in response to Jim Crow laws is offensive to anyone's sense of fairness and justice for all.
Like the poll taxes and literacy tests of a bygone era, state issued IDs and voter-roll purges, coupled with reduced voting hours are all intended to keep minorities from exercising their constitutional right to vote.
In addition to voting rights, our courts and penal system discriminate against minorities. Young African American men are arrested four times as often as white men for carrying the same amount of marijuana, which is still illegal in most states. These arrests for minor crimes lead many black teenagers to follow unlawful pursuits rather than paths they may have taken without the scar of the arrest on their record. Also in question is the fairness of our judicial process. Two recent judgments handed down by predominantly white juries emphasize this unfairness.
These Florida verdicts vindicated white men who killed African American teenagers. George Zimmerman's "not guilty" verdict for the murder of Trayvon Martin was considered by many to have a racially influenced outcome. In another case that had racial overtones, a jury was deadlocked on whether Michael Dunn, a white man, was guilty of murder for shooting to death a black teenager over loud music. I wonder if the races of the victim and accused had been switched, if the judgments would have been different. Actually, I really don't wonder; unfortunately I know the answer.
Education is seen as one way to lower the number of incarcerated black men and help minorities become productive, tax-paying members of society. Yet, the Supreme Court stepped in and put up a road block making it harder to accomplish this goal.
In an April 2014 decision, the Supreme Court upheld a Michigan constitutional amendment that bans affirmative action as part of the admission process in the state's public universities. Seven other states currently have the same sanctions. States that forbid affirmative action in higher education, like Florida and California, have seen a significant drop in the enrollment of black and Hispanic students in many of their top colleges and universities.
Americans need to take notice of what is happening and not support the rebels that include many Republican elected officials. The diversity, which made our country great, needs to be seen in the leadership of America, as well as its average citizen. Racism is a communal problem and needs everyone working together to make life better, not for just a few, but for all.
The question of how to achieve less racism and more acceptances is complex and has no clear black and white answer.
By Gerry Myers
Article Source: http://EzineArticles.com/expert/Gerry_Myers/1799878 Article Source: http://EzineArticles.com/8492898