Forex Education For Beginners – Best Practices Explained

Forex has a bad reputation among some traders as a kind of online gambling scheme where the house (the brokers) makes money, while you lose just about everything that you risk. No doubt, this has been the case for many traders, but forex itself isn’t the cause of this low success rate – it is a lack of understanding and knowledge that has doomed so many traders to failure. As with any business, trading currencies requires knowledge and patience to deliver its returns. To acquire the knowledge, and gain experience, you must study hard, but given how much useless information there is online on forex trading, the question of who to ask and where to seek acquires a critical nature.

Ultimately, the best forex education for beginners is practicing in the heat of the action without risking much. Since forex is about probabilities, no textbook on golden rules can provide us the foolproof blueprint for a constantly successful trading strategy. Most successful and experienced traders admit that knowing what not to do is just as important, if not more important than knowing what to do in the world of forex. And on the list of lessons on forbidden practices, emotional trading is the first item.

To avoid the dangers of trading too much, and to prevent your feelings from making your trading choices, you must get the best forex education. You can’t open a door without a key, and the key to riches in forex is study. There have been traders who failed in spite of a good education, but there will never be anyone who succeeds without learning and studies. So make sure that you arm yourself with the best knowledge available on currency trading.

Mahjong Learing Basics – The Game Objectives Explained

It doesn’t matter which game you are planning to learn, the first step in mastering a game is to learn the objectives of the game and Mahjong is no exception. In mahjong, your primary objective is to collect combination of tiles. There are many tile combinations in Mahjong and most of the combinations have a name too! Some examples include chow, pung and kong.

Chow is the combination of three constituted sequences of tiles in the same suit. Pung is the combination of three identical tiles from the same suit, and a kong is the combination of four identical tiles. Throughout the game, you will be trying to get these combinations done as early as possible! This may sound like an easy task but mahjong is designed to give tough challenges to players.

Mahjong is played in hands. Four hands make up a round and four rounds form a game. Basically a minimum of 16 hands make up the game. The hand can be more than this, if the east wind player wins. Each player gets 13 tiles and in each hand, they will deal a fourteenth one. There are two options for the player: the player can either keep the tile with him or leave it if the tile is useless to form a good combination.

Forming the combination does require a 14th tile and when a player forms the completed hand, it’s known as Going Mahjong. The hand should include four combinations of pung or chow or four kong tiles with identical tiles to form the hand. The player who forms the hand loudly calls out ‘Mahjong’ to inform his fellow players that he won. Now, it’s the turn of other players to calculate and settle the score from their hands.

This is the objective of mahjong and there are multiple techniques to accede their hands really fast. It’s a good idea to learn the basic fundamentals of playing Mah Jong. Since a lot of gaming techniques can be found, it’s a good idea to choose a technique that sounds easy-to-use. Once you learn a learning technique, it’s easy to adapt other techniques very easily. In the past, mahjong was considered illegal in some jurisdictions because the game was widely used for gambling. However, Matt John can’t be considered as a gambling game as a lot of skill is required to play the game professionally and win each round!

Betfair Espionage Review – Is it Really a Horse Racing Winning System?

Is Betfair Espionage really a horse racing winning system? This punting strategy is based on taking advantage of odds movement on betting exchanges to make money from. The odds are only a reflection of gamblers’ perception about the chances of each horse winning the race at that particular point in time. However, this perception is not always right and could be very far from the actual chances of the horses winning the race. This situation is great for traders since they can make profits scalping or trading long term on the race odds.

1. What Can You Find in the Betfair Espionage Guide?

This system is broken up and explained in 3 separate modules. Kris talks about the ideas behind betting exchange trading in the first module and explains how it functions in general. After which, Kris will explain the ideas behind how his betting strategy works to make money, demonstrates how he executes his trades and the results he has managed to achieve using his strategy over the past years. In the last module, you will be introduced to a whole range of tools and software that can help you with your trading to automate and make most of your job easier.

2. Do You Need to Have any Prior Experience When Trying to Use Betfair Espionage?

Those who have a good amount of experience already may be able to skip the chapters where Kris introduces the concepts of Betfair trading. However, I would still recommend all users to read through everything at least once to see the truth about horse betting trading markets today. It has provided me with a lot of new and insightful knowledge to the betting exchange markets.

The idea behind Betfair Espionage is that it will teach you how to take up trading positions just before huge sums of money come into the markets to sweep the odds.

The Truth About ‘How To Place Bet on Favorites’ Horse Racing System

Mr. Mohammed Ali (not the boxer) is the creator of ‘how to place bets on favorites’ horse race betting system. I first heard about him at a bookstore a Barnes & Noble in Hartford Connecticut. I was sitting at a table sipping a coffee when a gentleman seated at the table next to me noticed I was reading a book on horse racing and started a conversation with me.

As the conversation progressed I soon realized he made his living as a professional punter. He revealed to me the system he used was the ‘how to place bet on favorites’ by Mr. Ali. At the time I knew absolutely nothing about horse racing and the book I was reading at the bookstore was the first one I ever picked up about it. I learned the basic terms; win, place, show, trifecta, the whole lingo associated with punting.

James Landau, the gentleman seated next to me, proceeded to tell me that Mohamed Ali’s horse racing system is wonderful because it’s simple and very much common sense racing system. He explained that the system was all about following eight strict rules. If you can discipline yourself to only bet on a horse race that follows these eight specific rules then you can make a living at horse betting.

Mr. Landou explained to me that he downloaded the [how to place bet on favorites] system from the internet and that it was an instantly downloadable PDF file. He also explained that the $50 horse racing system comes with a 60 day money back guarantee. At that time I was making a fairly decent living cleaning carpets. However I hated what I did for a living.

Obviously given the position that I was in (that I hated what I did for a living) and was just starting to entertain the idea of doing punting to make some extra money plus the conversation I had with Mr. James Landau my curiosity was piqued enough to where I put the betting web address for the [how the place bet on favorites] system in my pocket and when I got home that day took a look at the website.

The website itself is quite thorough in that each page of the website is devoted to telling a bit about what each chapter of the ‘how to place bet system’ is about. I proceeded to download the racing system. One thing that got my attention right away was the horse racing system was designed with a total novice horse punter in mind. It starts out by defining the different terms related to horse racing and the basics of horse racing. The book proceeded to reveal why most people fail to produce consistent profits with horse racing. The main reason for that is a lack of a system and a lack of discipline.

As Mr. James Landau had explained to me there are eight specific rules that a horse race must adhere strictly to otherwise you don’t place a bet. I guess the main problem is that most people who get involved with horse racing have a gambling problem or a gambling addiction and they have a problem disciplining themselves. These people seem to be wired for action of any sort even if it’s bad action.

Another feature or characteristic of the ‘how to place bet on favorites’ horse racing system that I really liked was the entire system was very conservative in its approach. It is designed so you can go to the racetrack with only $15 so the overall risk is very minimal.

The bottom line is the strategy that is in this punting e-book is very much common sense. You only bet on a super favorite that passes all eight tests. Simple but effective. I can attest to the effectiveness as I now have been using this system for quite some time and it is a system that I can and will continue to rely on for a substantial extra income for many years to come.

Also remember this can be used on races were you actually go to the track but you can also use it to bet online as well and there are several well-known online gambling sites that allow you to place thoroughbred race bets like Betfair website.

All in all the “how to place bets on favorites” gets a solid two thumbs up from me.