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Submitted by: Wade Stewart

There are literally dozens of Forex trading system programs online that offer various levels of study. As a beginner, you should not try to learn too much, too fast. Instead, you ll be much better off finding a system that is laid out in easy-to-understand language. However, wading through all of the complex explanations and strategies can be a bit daunting.

So, How Do I Trade Forex When I m New to this Whole Thing?

This is an excellent question.

The simple answer is that you need a step-by-step way to trade Forex that doesn t completely leave you confused and intimidated. What you ve probably figured out by now is that Forex trading has a steep learning curve, and not everybody is good at teaching this to beginners. I mean, you can read all kinds of articles about pips, spreads, charts, platforms, analysis and so on, but right now, it may all be kind of a blur.

It s like learning Algebra for the first time, you see a bunch of equations, but until you learn the formula for solving each type of equation, you re pretty much in the dark as to coming up with the right answer. Forex is a lot like this in the beginning. There s so much information being thrown at you, that it s easy to suffer from information overload. That s when you have so much information filling your head, that it causes you to not be able to do much of anything.

Fortunately, there are some very good training programs available that takes the beginning trader by the hand and gently guides them towards making their first trade. Before choosing a program, you should take a moment to think about your particular learning style. Everybody likes to learn things in a particular way.

Some people enjoy reading information and will gravitate towards courses that include books and workbooks with examples. They like to read a little, ponder over the information, then go back and read some passages again to get a clear understanding.

Some people are visual learners and enjoy watching video tutorials and seeing colorful graphs and charts. Also, for those who like listening to lessons, they too will like getting their information in both audio and video formats.

A lot of people can handle lessons in any format, so the above may not apply to you, but it s something to consider when evaluating a Forex home study course.

Another thing to consider when choosing a Forex course is the expertise of the person who s teaching. Sure, it s easy for anybody who has traded for a few months to come along and call themselves an expert. But, the proof is in the pudding, folks. Ideally, your instructor should have several years of currency trading experience. They should also offer students some kind of credible proof that they know what they re teaching.

This is really important, because for you to become a successful Forex trader, who will be using real money, you ve got to be absolutely sure you re learning a credible system. It s too easy for new people to be sucked in by false promises of quick wealth. Okay, I m going to dispel that myth for you right now.

There s no such thing as quick and easy wealth in Forex trading, but smart traders understand how to make steady earnings. So, please stay away from any programs or training material that promises you big earnings for very little work. The best thing that you can do for yourself, right now, is to stay focused on learning Forex the right way.

About the Author: You can make plenty of real money in Forex, but only if you know how to avoid hidden scams. Secrets to Forex wealth exposed. Go here now:

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DON’T BE A VICTIM – Customers’Right to Cancel

by

checkatrade

Since the start of October 2008 new regulations have come into force concerning the rights of a consumer to change his or her mind and back out of a contract.

Turning a blind eye to the new regulations could invoke a fine over 1,000. This penalty can be handed out personally to any directors who ignore their company s inability to apply the new rules.

Spelled out in the Cancellation of Contracts Made in a Consumer s Home or Workplace etc. Regulations 2008, the new rules mean that consumers now have seven days to cancel a contract, providing that:

The contract is worth more than 35

The consumer entered into the contract away from your business premises

As long as a contract is over 35 and made somewhere other than your business premises, customers can back out in the first seven days. They do not have to give any reason at all.

This provision is being called the customer s right to cool off.

Remember, this applies only to contracts made with consumers. They are customers to whom you provide services or sell goods for non-business reasons. These regulations do not apply to any contracts made between one business and another.

What does this mean for my business?

If you make contracts with consumers in this way, then you will need to be aware of their new rights and adjust your paperwork to reflect this. Unlike the Sale of Goods Act, which states that their must be something wrong with goods for them to be returned, these new rules mean that consumers can pull out without having to give a reason. They can cancel the contract without any liability providing they do so within seven days. This applies regardless of whether your visit to the customer is unsolicited or a pre-arranged appointment.

To include the Regulations in your paperwork, give your customers written notice of their right to cancel when the contracts are made. To make it obvious to your customers:

Spell out their right clearly and obviously

Include the date, your company name and contact details

Tell them how to cancel

Include a cancellation form and an address to send it to

Specify that the seven day period begins at the date of this contract

The customer cancellation form need say no more than: To (insert your company name), I/we give notice that I/we wish to cancel my/our contract. Signed

You may want to word the notice in the following way:

Should you wish to cancel this contract, you must do so in writing within seven calendar days from the date of this contract, sending, delivering or emailing your cancellation to the person named below. A cancellation form is included for your convenience or you may write your own cancellation.

The customer s right to cancel prevents them from being unduly pressured into receiving services or goods. Being clear on it as a business is not hard to do, and it prevents you from suffering a large fine for not complying with new regulations.

Checkatrade.com, a free information service that runs on the basis of reputation. All members are recommended, vetted and monitored and meet our standards of trading. Find recommended local tradesman including builder, plumber, electrician, double glazing, drive or roofing contractorsURL: http://www.checkatrade.com

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