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Showing posts from July, 2010

BUSINESS STRATEGIES OF FOREX TRADING

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--> Does anyone really know when and how Forex trends determine its direction? My response is "YES". How about you? Even most of Forex experts give analysis of the proposed direction of the market using Mechanical Strategy (TOP FOREX TRADING STRATEGIES). In the past, lots of strategies has been tested and created in form of Robot (Robot is a programmed software for trading instruments automatically) but later discovered that most of the programmed Robot still need mechanical skill to complete or compliments it efforts. Mechanical, in the sense of having manual intervention in other to perform well. Easy Money is the attraction that attracts many traders from foreign exchange. FOREX websites offer ‘risk-free’ trading, ‘high performance’, ‘low investment’. These claims have a grain of truth in them, but the reality of FOREX is a bit more complex. The errors start Trader : There are 2 common mistakes that many beginner traders make: trading without a strategy an

What is Finance, Personal Finance, and Corporate Finance?

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Finance Finance is the science of funds management. The general areas of finance are business finance, personal finance, and public finance. Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money, and risk and how they are interrelated. It also deals with how money is spent and budgeted. In short, An transaction that provides funds for a business

Sample Memo to Cheif Executive

To: Chief Executive of the Company From: Afnan Adil, Deputy General Manager, AA Garments Date: Jun 16, 2010 Subject: Acceptance Purchase Proposal of Elastic Tape I received a proposal from Rustam Gondal a manager production for the purchase of Elastic Tape at low cost. Reason for low cost the company has manufactured elastic tape made of some new material. His company at present rate of production for local and international markets has saved Rs. 15 millions a year. If we accept this proposal, we could also reduced the cost of our undergarments but this elastic loses its strength when washed by warm water at above 80 degree centigrade, it is given good result as compared with made of standard material elastic tape, so it may be little danger for our product quality compare with our competitors, in this case we can use this elastic tape in that undergarments which are supplied in cold area where normally temperature is between 40—50 degree centigrade. On the othe