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Saturday, May 16, 2009

Chinese Silver Dragon Coins - A Historic Chinese Silver Coin

By Christina Goldman

The Chinese Silver Dragon Coins has been known, for centuries, to be one of the oldest coins to have ever been produced, designed, and distributed across the country as official currency. It serves as one of the few coins in which folks identified China and its flourishing economy with, being one of the very first few silver coins to have ever been produced back in 1889.

The first modern coining press was introduced and imported into China during this time. The coins began to circulate at that point and had the value of 7 Mace and 2 Candareens. These two values were what the people began to use as standard units for silver, which were measurable by weight.

If you're going to look for exact authentic Chinese Silver Dragon Coin, it is important that you remember the different characteristics of these silver coins. A real Chinese silver dragon coin would usually have a weight measurement of 27.4 grams with an amount of 0.78 ounce of silver.

The design incorporates a Chinese dragon engraved in the middle with the words 7 Mace and two Candareens at the base of the image. On top of the dragon is the Hu-Peh Province, which most historians believed to be the place where the coins were made. These coins were circulated between 1898 and 1905 and were popularly known as Kiang-Nan bucks and would usually cost many hundred greenbacks when bought from a reputable coin dealer or collector.

Because of their magnificient history, these coins are bound to produce fakes in the numerous markets around China as well as around the planet. The cost of fake coins would usually range between three RMB to US $10-15 when bought through an internet auction site, for instance. If it's the true Chinese Silver Dragon Coin that you are looking for, another way to judge the authenticity is the crude weight, which is usually heavy. - 23217

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Flipping Properties - Easy as 1-2-3

By Volker Tidsch

When you first start out, learning how to flip a house can be hard work. And complicated. Sure, those with real estate experience will have an easier time with it, but anyone can learn how to flip a house and do it profitably. There are some technical issues that may come along the pipe, but the average person can still overcome these issues by doing a little research and learn how to develop properties and unload them for a hefty profit. How can Joe Q. Public accomplish this?

We have done the research for you and can present these steps to you so that not only can you flip a house, but you can do it quickly and make the type of money that has eluded you in the past. Here they are:

1.) Doing your homework is paramount to everything else that will go into this process. Without the right knowledge, you will be at a severe disadvantage when it comes to going up against veteran real estate agents and developers as well as your competition in the house flipping market. However, having the knowledge will definitely give you the leg up where it counts. Reading books related to the history of real estate and where the market is now and it's future is just one way you can better your own expertise on the subject. You can also attend realtors' open houses who will gladly discuss their views on the real estate market. As always, the internet is an amazing resource which will help you research a potential property as well as compare prices in neighborhoods and other locations.

2.) After or even during the first step, you must also learn about the real deal when it comes to the real estate industry. Keep yourself informed of the latest news and issues surrounding this particular business venture you wanted to enter. It's not enough that you know how to buy houses, what's even much better is that you know the current condition of buying houses. This will give you a better idea on how to play the field. You can take some time to read the newspapers or browse magazines about home and living.

3.) Now it's time to find that perfect property that you can get as inexpensively as possible, invest minimal time and effort into restoring and repairing, and then flip the house for a maximum profit. This is the perfect flip, of course. And the only way you're going to accomplish this is by doing the legwork and finding out if you would save costs by doing the jobs yourself or subcontracting them to the lowest bidder. You will also be able to save on your budget by shopping around for materials as well as doing small changes to a property or house which could make the selling of the house much easier. Unique landscaping is definitely one inexpensive way to do this. Also keep in mind who exactly is in the market for a new home or property.

4.) And last on our how to flip a house, is about obtaining a loan if you have to for making repairs. Just avoid repairing the house from your own expenses as much as possible. If your budget won't fit then it's better to take a loan so you can separate business from personal finances. Some experts say that you should even consider getting a loan that costs more than it took for you to buy the property because you can eventually cover this with the selling price you will use upon turnover to your own buyer. - 23217

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How to Chose the Best Forex Trading System

By Bart Icles

There are two types of Forex trading systems available to Forex traders that can be applied individually or in combination. There is the automated or software based Forex trading system, or otherwise known as "robots", and the manual or standard Forex trading system. Both systems have its advantages and disadvantages over the other, but to judge what is the best of the two depends solely on the purpose and the end results it affords to the user.

Automated Forex trading software takes out the human factor in calculating and generating Forex trading signals with no human intervention and emotion involved, and automatically does all the buying and selling to Forex brokers. This type of system saves time, money, and effort for the trader; instead of personally doing the research on technical analysis and relying on any Forex broker for Forex trade signals, the system does it all for you. The operation of this system is not complicated and only requires that you have a stable Internet connection and a reliable computer system. There are many affordable and excellent "automated Forex trading software systems available on the market today which you can chose from, and some are even provided free as part of the trading account's purchased from Forex brokers or traders.

There are two kinds of "automated Forex trading software systems": the desktop-based system and the web-based system.

The desktop-based system stores all Forex related information on your desktop computer's hard drive. Using this system is somewhat inadvisable and unpopular among majority of Forex traders as it allows susceptibility and corruption of valuable data related to Forex trading from viruses and other security issues. In a worst case scenario, should you chose to use this system, is that once your computer breaks down or crashes, all stored important data might be lost and be irretrievable. Also, this type of system is more costly compared to the other types of automated trading system.

The web-based system is more secure, and all your Forex data and accounts are provided for by your web-based provider on secured servers. Its much more convenient as no software is required on your part, and all you have to do is to log on to their website.

Using the standard Forex trading system requires traders to rely on fundamental and technical analysis of the trading market, knowledge of Forex strategies, and some adequate trading experience while doing real time (online) trading. All information is then taken into account by the trader before deciding what actions to take in his trade transactions. This type of Forex trading system is suitable for Forex traders who are fully committed to the trade without typical time constraints and other restrictions. - 23217

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Three Stock Trading Myths

By W. Alan Gay

As a Stock Trader for over 15 years, I have learned a lot about the ins and outs of the business. I started out on my own, rather than with a big brokerage firm with fancy employee training courses. I took seminars and self study classes and learned as I went, many times through sheer trial and error.

While I may have taken longer to succeed using this self taught method, it has given me a lot more real world knowledge of stock trading than I would have gotten following the one process taught by my employer. For one, I have found a number of myths that crop up again and again when talking to people about stock trading. Here are three of them:

The first misconception I'd like to dispel is that only certain types of people make successful stock traders. True, stock pickers (those guys who pick the big winners by consistently analyzing the market) are more often than not left brained thinkers , which is probably how this myth originated.

But I have found that trading stock has something in it for every type of thinker, and the trick is to find the process that works best for you. Frankly, I would hate to sit around and analyze stocks all day, but I have made a great living trading stocks anyway. Anyone else can too.

Second, is the belief that stock trading is speculative, and carries as much or more risk as owning your own business. Yes, people have lost everything in the stock market, and those are the stories the media loves to report on that intimidate a lot of people.

But I have learned that it is a matter of setting up the right process to place your stops and limiting your risks to a level that you are comfortable with. If you can do that, stock trading is really a very low risk profession. For example, I have worked out a process that results in a 75% or more success rate with my trades. That is hard to beat, and you would be hard pressed to find another business that can give you that kind of low risk situation.

And finally, how often do you hear that its a full time job to really make money at stock trading? I believe that is true for some kinds of trading and if you are forced to do the leg work analyzing and picking stocks in a fast paced environment it really does take a lot of time.

But, I am living proof that it is absolutely possible to make a great living trading stock for 2-4 hours a day, which will leave you the rest of your day for whatever you wish. The way to achieve this is to have a process in place that is efficient with your time, and low risk enough that you can be profitable on a consistent basis. There are a lot of different courses available and it can be difficult to find the one that will work for you. I suggest you investigate several different choices and, ask lots of questions Use your questions as an additional screening " if you can't find anyone to take them all seriously, move on quick! Life is too short. If you start your research knowing the right system is there for you, you will be on your way to becoming a successful stock trader in no time. - 23217

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For Currency Trading Online To Thrive, Education Is Required

By John Eather

It takes a certain amount of understanding for anyone to be successful when currency trading online. Not to say that only specialized forex traders can undertake this kind of business; that is not true. However anyone who wants to get involved in this industry has to look at it from the point of view of being a "new career", not as just "anyone can do it, no skill required".

Many people who have taken a leap of faith and jumped in at the deep end. Taking their hard earned money and opening a margin account may have has some success and made a profit. This is pure luck, they more than likely made losses in the long term.There is a psychology to foreign currency trading and most success stories indicate that certain steps were taken in order to ensure their success.

These successful people have recognized the fact that trading in forex is a specialized field. It is because of this the specialized knowledge is required. Any previous skills learned in a completely different profession might, or then again, might not have any bearing on their skills as a forex trader.

Another very important factor in becoming successful, is they have realized that they can and will make losses. These come just as easily as the wins in this industry. It is therefore vitally important to learn a logical and systematic method of trading. No one who is successful in forex trading just plunges headlong into it without a care in the world. They commit themselves to educating themselves on how to open trading accounts, learning about the trading platform and knowing when to trade and when not to.

One of the most popular was it seems of starting in this business, is to start small. Put a specific amount of money which you can afford aside. Use these funds while in your learning curve, and don't give up your job to do trade currency online for a living. Unless you really know what you are doing! - 23217

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