Pre-foreclosure Versus Foreclosures - Pros of the 'Pre'

By Clifford Carr

Due to the recent real estate collapse, many people across the United States are losing their homes to foreclosure. The period of time before the official foreclosure is called pre-foreclosure. Depending on the state the pre-foreclosure period lasts from seven days to a 60 days. Real estate experts know that the pre-foreclosure period is a great time to purchase a home.

Many of the 'for sale by owner' signs that you see are from owners that are in pre-foreclosure. The bank usually allows the homeowner time in which to try and sell their home before it is foreclosed. This is common because the bank is not in the real estate business and would prefer the current owner sell the home to cut their losses rather then having to seize the home themselves.

Here are many advantages to buying a pre-foreclosed home from a homeowner rather than bidding on a foreclosed home at an auction:

- Pre-foreclosed homes are often sold for less than foreclosed homes. To avoid credit problems a homeowner is motivated to sell their home before the bank takes possesion.

- Since you won't be at an auction, you will be given more time to talk to the home owner about any questions you may have concerning the house.

- Because the masses are more aware of where and when the government auctions are happening there are not as many investors competing for a pre-foreclosure property.

- More time to evaluate financial scenario then at an auctioned property.

- Many people can become more emotionally driven during bidding and pay more then they had intended to.

- You can bring an inspector along with you to inspect a pre-foreclosed home.

- You will be allowed to make a low down payment on a pre-foreclosed house. This is not the case at a foreclosure auction.

As with any house purchase make sure you check for any judgements, or liens against the estate. Bring along someone how is familiar with buying real estate and if possible have the house professional inspected. The risks are comparable to a traditional type of home purchase but with the advantages of foreclosure discounted pricing. - 23210

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See reviews on the best pre-foreclosure sites to see what they have to offer at government auctions review or go direct to pre-foreclosures

A Managed Forex Account Can Be More Profitable

By Mark Alison

Forex trading is can be fun and profitable; it's nice to be able to watch your money grow as you trade currencies. Managing you Forex accounts can be problematic sometimes if you are holding down a full time job or you have many accounts that you are working with.

Some options that are available to you are putting your money in a managed Forex account. A managed Forex account is something that is available to Forex traders and will help them greatly. The general idea is that the business that his managing your account does the trades for you.

You will have a professional full time trader who is experienced in trading manage your money for you. This is true "Autopilot" The broker will decide what to buy and when to buy it. Alternatively, he will know what to sell and when to sell it.

Some people like the idea of a person making decisions. Understand it's still your money and you can decide for yourself when to buy and sell also, and when to withdraw it. It's a common belief that these are better than "bots" or automated algorithms since they can distinguish more than the present numbers.

If you want to get into a managed Forex account is to just open one up and try it out. Before you decide to do that, be sure to check into fees and trader commissions. If you want to test one out, simply make the minimum deposit and give it a month or so to see how well it works for you.

The minimum deposit can range anywhere but is commonly about $1,000. This is one thing that turns off a lot of people for these accounts is that they require a larger sum of money than most beginner traders want to invest. If you want to be a big mover and shaker in the Forex market, it's best to spread your investments around. Use some to trade yourself, and open up a few managed accounts to let your overall money grow. - 23210

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Click here to learn more about FX Trading and Managed Forex Accounts.

How to Buy Penny Stocks

By Mark Boucher

Are you willing to gamble a little bit of disposable income to possibly earn a big return? If so, penny stocks might be an option for you to consider. While you should always use caution and not invest money you can't afford to lose, penny stocks offer you the opportunity to become involved in the trading world for an affordable amount.

What is a penny stock? It is simply a stock that is selling for less than five dollars for each share. These stocks are not traded on the major exchanges (AMEX, NASDAQ and NYSE), but rather over Pink Sheets (so called because of the original color of the paper used). This is often known as OTCBB, or Over the Counter Bulletin Board. This is simply an electronic system that reports changes. Be aware that it is regulated by the NASD, but is not considered a NASDAQ stock exchange.

Buying penny stocks is considered a high-risk investment, meaning that you may lose big. But this also means that you can earn extremely high returns in a short time. The risk and potential earnings are what keep people trading these stocks. Sometimes the return can be several hundred percent a day. Risks with these stocks are limited liquidity, the lack of financial reports and potential fraud.

When buying penny stocks, the lack of buyers may make it difficult to sell stocks. The lack of reporting and volatility of these stocks make it easy for brokers to manipulate as well. This is why fraud is so rampant for these trades. There is no regulatory listing requirement for these stocks either.

The news is not all dismal, though. Penny stocks are popular because of the huge returns some investors find. In order to get started in penny stocks, first find a brokerage who offers this type of service. Your stock shares will be drawn from your investment account through the brokerage. You set the amount you want to invest, and decide how much of your investment will go into the high risk stocks.

Having a broker is important for sound advice, just do your research to find the one best for you. Make sure you have someone reputable that wants to see you earn good returns. The best advice when investing money after making sure you can afford the investment is to spread your money over different types of stocks. If you like the gamble and want a high return, absolutely put some money in penny stocks. You are able to see the highest returns on these stocks, but risk higher losses. Make sure you keep some money in a safer market while you play the penny stock game. - 23210

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Buying Penny Stocks, 1000 Penny Stocks, Best Charts for Penny Stocks, Best Free Penny Stocks, Bot Software For Penny Stocks, Chinese Penny Stocks, Finding Penny Stocks, 1000 Penny Stocks, Free Daily Stock Picks information at pennystocks.theinfostop.info

Making The Automated Forex Trading System Work For You

By Brian Bodine

Everybody dreams of making a lot of money with minimal effort. Foreign exchange traders are drawn to this dream, thinking an automated Forex trading system will help them realize it. But is it really possible to just turn the system on and wait for the money to come in? The manufacturers might make you believe so. Yes, it can help you make money. But, the sad truth is, many traders still end up losing rather than earning.

Let us try to see why the promised autopilot fails to make the said dream a reality.

A lot of Forex robots in the market today boast of track records claiming huge profits. What some traders fail to notice is that these claims are based on paper simulation. What it comes down to is that the program simply knows all the market prices. This is not proof that it will bring in profits. To know how much the closing prices are is not all there is to it in trading. So, in choosing a good system, do not go for simulated ones. Choose those that have proven records over a long period of time.

Do you wonder why some traders still do not succeed even if they are using good programs? While the simulated programs do not have real losses in real time, in the existing trading world, you will suffer losses. You do not need to fear these losses, as they do happen to everyone. This does not mean though that your losses are permanent. You can still make profits. For the moment, you will just need to ride out this short-term drawdown.

Some systems put you in a period of drawdown. During these times, avoid making emotional trading mistakes. Keep in mind that markets fluctuate and losses are normal so do not stop adhering to your trading signals. It is imperative that you maintain your mindset and discipline until you gain profits again. You can psych yourself up for this by identifying your worst drawdown and assuming at all times that it is just ahead. To add to that, always understand and believe in your strategy as well as your system so you will not hesitate to act accordingly.

Despite what is said in the previous arguments, an automated Forex trading system can work. It is a useful tool and it does work. However, contrary to what manufacturers might say, do not expect consistent profits and zero losses. No matter how intelligent the tool is, you would still need to rely on your own strategy rather than depend on an automated system. Unlike simulated programs, you would need to look beyond short-term and start seeing long-term. - 23210

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Forex Software that will make trades on Forex Signals without your involvement.

Make Pips With Forex News

By Hass67

Forex markets are unlike stock markets. Currency markets are open 24/5 except on the weekends. Continuous price action takes place all day in the currency markets. Do you know this that more than 90% of people trading forex are speculators?

Forex markets have the tendency to react violently to the release of economic and socio political news. You cant predict when important sociopolitical event will be breaking news.

But economic news release like NFP figures every month, the housing sales number, FOMC meeting etc all are known before time. Just Google Fundamental News and you will see lots of websites that provide this service.

You can get the day and time when a major economic announcement is going to be made. Non Form Payroll (NFP) figures have become very significant for USD pairs especially after the start of the recession recently.

Non Farm Payroll (NFP) figures are released regularly at 8:30 AM EST on the first Friday of every month. EUR/USD and other USD pairs become very jittery just before the release of these figures. EUR/USD can sometimes shoot up by 50-150 pips in 5-10 minutes just after the release of these figures.

Markets mostly stabilize within a few hours after the release of these figures unless these figures are of such a fundamental nature to form a new trend in the market.

Forex news trading is ideal for those traders who like a lot of action within few minutes. Here is one strategy that you can use.

Enter both buy and sell orders on for example EUR/USD at 10 pips above and below the price of EUR/USD just five minutes before the announcement of NFP figures.

Put stop loss of 10 pips and take profit of 40 pips on both orders. Immediately on the announcement of NFP figures, EUR/USD will react violently and either shoot up or down.

If it goes up by 10 pips, buy order will be triggered. Lets say, EUR/USD jumps by 60 pips. Your position will be automatically closed at 50 pips. You made 40 pips. Isnt it enough for a few minutes of work?

Suppose EUR/USD goes down by 10 pips, the sell order will be triggered and you will still make 40 pips. Be careful, sometimes the markets have a tendency to whipsaw. Practice this on your demo account first and make ten successful trades before going live. - 23210

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading; stocks and forex. Download Forex Scalping Cheat Sheets. Discover The Best Forex Signal Service! Read about Trend Forex System.