Brokerage firms don’t like scalpers!

Most Brokerage firms don’t like scalpers, What they want is a trader who trades long term or is a position trader so that they are able to clear the transactions in the interbank market without risk. Look for ECN Forex Trading

A Rescue Plan for the U.S. Economy

Money Morning Executive Editor William Patalon III, Fitz-Gerald took the time to outline that eight-point rescue plan for the U.S. economy. In that plan, the changes Fitz-Gerald calls for include:
• Cuts in federal spending.
• Pension reforms at all levels.
• A halt to weak-dollar policies.
• And a realization by Washington that it’s time to take China much more seriously.
In Part I of this interview, which appeared yesterday (Thursday), Fitz-Gerald assessed the health of the U.S. and global economies, provided his outlook for the U.S. stock market and for commodity prices, and even offered an investment strategy for 2011.

National Futures Association (NFA)

The NFA (National Futures Association) is an organization within the U.S futures market that was created in 1982. It is industry-wide and is self regulated. The NFA fills many roles and purposes within the commodities and futures market, but its main role is the protection of investors. This is accomplished by the many programs, services, and rules that have been developed over the years by the organization.

Forex Scalping

Forex scalping is a popular method in making fast cash! Scalping is opening and closing a position in seconds the shorter the period the less exposure to risk.

No double dip (probably)

The economics research team at Goldman Sachs has done excellent work over the past few years; they were among the most prescient forecasters in seeing the economic damage that the housing bust and credit crisis would wreak. So their analysis is worth a particularly close read.