What is Fibonacci retracement

Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century. However, Fibonacci's sequence of numbers is not as important as the mathematical relationships, expressed as ratios, between the numbers in the series. In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peaktrough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%. Once these levels are identified, horizontal lines are drawn and used to identify possible support and resistance levels. Before we can understand why these ratios were chosen, we need to have a better understanding of the Fibonacci number series. (For a more in-depth discussion of this subject, see Fibonacci And The Golden Ratio.)

The Fibonacci sequence of numbers is as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. Each term in this sequence is simply the sum of the two preceding terms and sequence continues infinitely. One of the remarkable characteristics of this numerical sequence is that each number is approximately 1.618 times greater than the preceding number. This common relationship between every number in the series is the foundation of the common ratios used in retracement studies.

For reasons that are unclear, these ratios seem to play an important role in the stock market, just as they do in nature, and can be used to determine critical points that cause an asset's price to reverse

Source:http://www.investopedia.com

Money Management & Trading Habits

Money Management & Trading habits:

Maximum 2% risk per pair -What that means is when you calculate your stop losses your stop loss amount has to be within 2% of your account .If the trade goes against you, the maximum you will loose is 2% of your account. This way it also prevents you from getting panic attacks when the trade retrace against you resulting you close the trade pre maturely.
If your desired stop losses do not come within 2% of your account don’t take that trade. As I always say, you may miss one trade but there are millions more to come.

You always have to calculate your risk every time before you enter your trades.
Your risk to profit ratio has to be minimum 1:1. That means if you are taking a 2% risk on a trade make sure your profit target would be at least 2%.

Always have realistic targets. My aim is 300 % capital growth per year. The lesser your target is lesser the risk of losing your own money. Even if you have 50% capital growth per year you are doing better than 90% of the worlds biggest hedge funds.

More trades you take the more you expose your account for losses. No trader in this world can profit from every single market move.

Patience plays a big part in trading. Take the trades only if you are at least 90% sure of profiting from it. If you are not sure stay away from the trade. Staying on the sideline is as good as winning.

Never trade against the trend. Specially with a high volatile pair like GBP/JPY. It may give you couple of winning trades. But it’s going to get you in the long run.

Always have a trading strategy ... make a habit to stick to it doesn’t matter how desperate you are.

Always trust your strategy but not bloomberg or some statement from citibank. Don’t go with your gut feeling because 95% of the time your gut feeling is wrong.

Your charts are your forex bible. Everything what you need to know about forex is on your charts. You will learn something new everyday from you charts.

Specialize in one or two pairs. Every single pair has it’s own characteristics. No two pairs are the same. Don’t trade all the pairs your broker can offer. If you specialize in one or two pairs very soon you will be able to read the pair like a road map .

Stay away from the ranging markets. There will be enough of trend break outs on this pair than you ever want. Why take any extra risks trying to chase 20 pips on a ranging markets when you can grab 200 pips on a break out.

As Monarc mentioned traders are a greedy bunch. Less greedy once are the most successful once.

Don’t try to chase every single pip or market movement. Have a realistic weekly or monthly target as a percentage of your account . Not the number of pips. If you have already achieved that target stay away from the market. As I mentioned before.. the more you trade there is more risk of losing your money.

The losses are part of the game. Do not try to cover all your previous losses from your next trade. First your trading plan has to include at least 50% of losing trades. Then you can cut down on the number of losing trades while you gain experience and confidence.
When you start you must demo trade at least for the first 3 months to build a trading strategy. Then for the next 3 months trade on a demo account or a micro account and test your strategy coupled with a good money management strategy. When you are fully confident then trade with your real account.

Use minimum account leverage. Don’t abuse it. My recommendation for new traders is maximum one mini lot for every $2500 or one full lot for every $25000.

At last ... remember there is no easy way to become a good consistently profitable trader. No one can become a profitable trader overnight. As everything else in life it takes time, patience lots of sacrifices and learning. Don’t be afraid of mistakes.

It took me 8 months to make my first consistent $100 per week.
Since then making money is like a walk in the park.

(By: Jacko's Forex House of Pleasure and Pain)

Why Do I Trade Forex?

Why do I trade Forex?
Because I am ABSOLUTELY CONVINCED that this is the best "business" in the world.

There are:
1. no rent of offices (that is, NO dealing with Realtors, Lawyers, and government departments...man, what a pain in the ass). Also no office fit-out costs

2. no staff, (man, unless you have had large numbers of staff depending on YOU for their paypacket each week, you cannot know what a huge pain in the ass it is. They ALL want you to solve their problems)

3. No inventory or stock to buy. No shrinkage (theft of stock) and no "slow moving" items. No massive amount of funds tied up in inventory

4. You can "borrow" as much as you want (by increasing your leverage), WHENEVER you want. (Try running a big business and going to the bank for a short term loan for $10 mill...it will take a month minimum). I am trading $10-12 mill all the time and I get it instantly through the brokers by the use of leverage.

5. If the business becomes a hassle for whatever reason, you can shut it down (that is, close all positions) instantly...and re-open (initiate new positions) whenever YOU want to re-open your "business."

6. You can "scale" your business to whatever size YOU want simply by increasing/decreasing your positions.

7. Absolutely minimal paperwork. Simply send your 12 month summary Profit and Loss Statement to your Financial Accountant for tax payment purposes.

8. You can trade from anywhere in the world. My wife and I travel most of the year. (take your laptop or PDA or whatever else they will come up with and trade while sipping a nice drink as close by as your local cafe or as far as some open air cafe in some remote little town in beautiful Italy while you watch a bocce match at the park.)

I could keep telling you more of the benefits of this business, but suffice to say...this is the best "business" in the world. I run a multi-multimillion dollar business from my laptop.

And did I mention that it was exciting and fun????

by: Jacko's Forex House of Pleasure and Pain

The World's Richest Men Have Forex As Part Of Their Investment Portfolios

The World's Richest Men Have Forex As Part Of Their Investment Portfolios
Warren Buffett -
In Early 2005, Warren Buffett
Had $20 Billion Of Berkshire
Hathaway's Investment
Portfolio In Forex Markets.

In The 3rd Quarter Of
2004, Buffett Posted
Profits Of $412 Million.
{From Forex}
Bill Gates-
Bill Gates May Have
Been Following His Friend
Warren Buffett's Advice
As He Began
His Forex Investments.

Bill Gates Was 2006's
.World's Richest Man
George Soros-
George Soros Made His Name
By Earning $1 Billion On
1 Day, In 1992 In Forex

It Is Estimated That
Soros Has Made $7
Billion From Forex In
The 3 Decades From
1969 To 1999!


(Source:http://www.forxprofit.com)

A Beginner's Guide To Hedging: How Do Investors Hedge?

How Do Investors Hedge?
For the most part, hedging techniques involve using complicated financial instruments known as derivatives, the two most common of which are options and futures. We're not going to get into the nitty-gritty of describing how these instruments work, but for now just keep in mind that with these instruments you can develop trading strategies where a loss in one investment is offset by a gain in a derivative.

Let's see how this works with an example. Say you own shares of Cory's Tequila Corporation (Ticker: CTC). Although you believe in this company for the long run, you are a little worried about some short-term losses in the Tequila industry. To protect yourself from a fall in CTC you can buy a put option (a derivative) on the company, which gives you the right to sell CTC at a specific price (strike price). This strategy is known as a married put. If your stock price tumbles below the strike price, these losses will be offset by gains in the put option. (For more information, see this article on married puts or this options basics tutorial.)

The other classic hedging example involves a company that depends on a certain commodity. Let's say Cory's Tequila Corporation is worried about the volatility in the price of agave, the plant used to make tequila. The company would be in deep trouble if the price of agave were to skyrocket, which would eat into profit margins severely. To protect (hedge) against the uncertainty of agave prices, CTC can buy a futures contract that allows the company to buy the agave at a certain price. Now CTC can budget without worrying about the fluctuating commodity.

If the agave skyrockets above that price specified by the futures contract, the hedge will have paid off because CTC will save money by paying the lower price. However, if the price goes down, CTC is still obligated to pay the price in the contract and actually would have been better off not hedging.

Keep in mind that because there are so many different types of options and futures contracts an investor can hedge against nearly anything, whether a stock, commodity price, interest rate, or currency.

The Downside
Every hedge has a cost, so before you decide to use hedging, you must ask yourself if the benefits received from it justify the expense. Remember, the goal of hedging isn't to make money but to protect from losses. The cost of the hedge - whether it is the cost of an option or lost profits from being on the wrong side of a futures contract - cannot be avoided. This is the price you have to pay to avoid uncertainty.

We've been comparing hedging versus insurance, but we should emphasize that insurance is far more precise than hedging. With insurance, you are completely compensated for your loss (usually minus a deductible). Hedging a portfolio isn't a perfect science and things can go wrong. Although risk managers are always aiming for the perfect hedge, it is difficult to achieve in practice.

What Hedging Means to You
The majority of investors will never trade a derivative contract in their life. In fact most buy-and-hold investors ignore short-term fluctuation altogether. For these investors there is little point in engaging in hedging because they let their investments grow with the overall market.

So why learn about hedging?

Even if you never hedge for your own portfolio you should understand how it works because many big companies and investment funds will hedge in some form. Oil companies, for example, might hedge against the price of oil while an international mutual fund might hedge against fluctuations in foreign exchange rates. An understanding of hedging will help you to comprehend and analyze these investments.

Conclusion
Because risk is an essential yet precarious element of investing, you should, regardless of what kind of investor you are, gain a fairly good awareness of how investors and companies work to protect themselves. Whether or not you decide to start practicing these intricate uses of derivatives, learning about how hedging works will help advance your understanding the market, which will always help you be a better investor.

By Investopedia Staff, (www.Investopedia.com)

A Beginner's Guide To Hedging: What Is Hedging?

Although it sounds like it might be the hobby of your neighbor obsessed with his topiary garden full of tall bushes shaped like giraffes and dinosaurs, hedging is a practice every investor should know about - there is no arguing that portfolio protection is often just as important as portfolio appreciation. Like your neighbor's obsession, however, hedging is talked about more than it is explained, making it seem as though it belongs only to the most esoteric financial realms. Well, even if you are a beginner, you can learn what hedging is, how it works and what hedging techniques investors and companies use to protect themselves.

What Is Hedging?
The best way to understand hedging is to think of it as insurance. When people decide to hedge, they are insuring themselves against a negative event. This doesn't prevent a negative event from happening, but if it does happen and you're properly hedged, the impact of the event is reduced. So, hedging occurs almost everywhere, and we see it everyday. For example, if you buy house insurance, you are hedging yourself against fires, break-ins or other unforeseen disasters.

Portfolio managers, individual investors and corporations use hedging techniques to reduce their exposure to various risks. In financial markets, however, hedging becomes more complicated than simply paying an insurance company a fee every year. Hedging against investment risk means strategically using instruments in the market to offset the risk of any adverse price movements. In other words, investors hedge one investment by making another.

Technically, to hedge you would invest in two securities with negative correlations. Of course, nothing in this world is free, so you still have to pay for this type of insurance in one form or another.

Although some of us may fantasize about a world where profit potentials are limitless but also risk free, hedging can't help us escape that hard reality of the risk-return tradeoff. A reduction in risk will always mean a reduction in potential profits. So, hedging, for the most part, is a technique not by which you will make money but by which you can reduce potential loss. If the investment you are hedging against makes money, you will have typically reduced the profit that you could have made, and if the investment loses money, your hedge, if successful, will reduce that loss.

(Source :http://www.investopedia.com)

On My Way to Achieve it

3 months ago, I never thought that, this opportunity can bring me JOY..
I was a dream to learn about FOREX, it was in my mind for the past few years..
There many seminars, workshops, bootcamps, ebook and etc in the market.
Finally, in March. I gave my myself a try with one of these classes, just give a try..
Never thought, this will be my final destination towards achieving financial freedom.

After the seminar, I try to trade using virtual money, then start to trade using real money "live trade" at marketiva. Start with $200 within a month manage to make it $400, then its drop till $100. Its okay.. Its just a learning process..
Then, I went to the same seminars for about 3 times plus an on-line coaching, I feel like there will be a bright future ahead of me.
Last week, my Live Fund is about $600, as at today, its gaining till $927..
I truly believe,that I'm on my way towards achieving Financial Freedom, Its Just like A DREAM COMES TRUE....
Thanks GOD.

HYIP MISTAKES 5

Getting greedy
Making money with HYIPs isn't really the problem. It's keeping the money in our pocket that becomes difficult.

The temptation to reinvest every single cent to keep our profits growing is so great...

I remember a program that was paying 5% a day for 30 days. Every day I would wake up, check my egold account to find a nice little deposit. A couple of weeks pass and things are looking good, so I reinvested all of my profits. This goes on for about 3 months. By this stage I've grown my investment with this program by reinvesting all the profit. Now I can sit back and reap the rewards.

Unfortunately (you guessed it) the program stopped paying.

Obviously I got a bit greedy and wanted to multiply my profit quickly. As mentioned before a better approach might have been to reinvest half of the profit and take the rest to invest elsewhere.

Taken From :

http://www.hyipmistakes.com/hyip-mistakes.html

HYIP MISTAKES 4

Mistake 4: Not getting your original spend back quickly
I'm sure you've heard this a number of times before. Always get your seed money back as soon as possible.

Given the fact that most HYIPs tend to fold within 6 months, this does make sense.

Figuring out when to start withdrawing your profit is more of an art than a science.

For example, should I deposit a large amount and start withdrawing straight away? Or deposit a small amount and start withdrawing after one month?

This really depends on how long you think the HYIP is likely to last and how long it takes to get your original spend back.

To date, all HYIPs tend to either slow right down: like one of the original cyclers that has been around for 2 years and now has a 200 day+ cycle time; or they go out of business within 6 months.

Side Note: I believe some HYIPs have good intentions but fail to manage the business side of things correctly so they close shop. I don't believe all HYIPs that disappear are scams.

Given the empirical evidence it's best to plan your strategy based on the worst possible scenario.

A rule of thumb that I've heard thrown about is to withdraw your original investment as soon as possible then from there on keep half the profit and reinvest half.

I believe having a clear monthly plan is key to being successful with HYIPs. At the start of every month I ask myself the following question:

"What If one of my main investments goes under this month... will this be a problem for me?"

Based on the answer I can decide how much I should withdraw, how much I should reinvest and what new HYIPs I should join.
(article taken from www.hyipmistakes.com)

HYIP Mistakes - part 3

Mistake 3: Focusing on individual programs instead of the overall plan

I think everyone (including myself) have their favorite HYIPs. Those HYIPs that pay us regularly and we feel comfortable with.

Maybe their web site color is our favorite color! Or they've worded things in a way that sings for us.

But every time I find myself focusing my spends on one particular HYIP I remember a piece of advice that I once got: "Focus on the overall plan and not on individual HYIPs".

To me this is a fantastic philosophy for managing a HYIP portfolio.

When you think about it, putting our faith in one, two or three individual HYIPs doesn't make any sense given the nature of these businesses.

So taking this philosophy I would much prefer to have 10 programs paying me $100 each to a total of $1000 than having 2 programs paying me $500 each.

It would be even better to have 30 programs paying a little bit each.

Obviously it's a lot harder to find 10-30 solid programs instead of focusing on 2 beloved HYIPs. But to me focusing on the overall picture and building multiple income streams helps me sleep at night.

source:www.hyipmistakes.com

Mistake 2: Not testing the withdraw function

Mistake 2: Not testing the withdraw function

Has this ever happened to you: you've invested in an attractive HYIP, your profit is growing day after day, everything is going nicely ... until you decide to withdraw some of your profit.

Either the withdraw function doesn't work at all, or your withdrawal is forever pending.

After I make my initial test spend with any HYIP I do a test withdrawal. I don't invest any more funds until the withdrawal is successful.

(this article is taken from www.hyipmistakes.com)

HYIP Mistakes -part 1

Mistake 1: Spending too much too soon
This is probably the biggest mistake I've made in HYIP land, and the one that taught me the most.

I'd been in HYIPs for around 9 months. Things were going strong, my confidence was growing and one of the programs had just paid out a very nice profit.

In my excitement I invest all of this profit into a single HYIP that I found in the top of one of the rating sites. It's been rated in the top 3 for the last 6 months. Everyone was writing rave reviews about it. It looks and smells like a sure thing, so why waste time making a small spend?

Not even 7 days later and the warnings started to come. By that stage I could see my investment drifting away.

That investment had taken me over 4 months to earn. Within a few hours of receiving it I was able to give it away. That's a pretty good effort eh.

The experience gave me a real good wakeup call. Up to that point I'd been putting large chunks of my investments into individual HYIPs.

That's when I realized what people meant by "test spends"... ahhh. So you spend a little bit, and if they pay you, THEN you spend the rest. What a novel and practical idea.

After gaining more experience with HYIPs I realized that a single test spend isn't enough. Some HYIPs will pay you for small spends, but when it comes to real (larger) spends you won't see a cent of profit.

And you can't rely on rating sites feedback because sometime they get better treatment from HYIP admins!

So now a days I spend a little at a time gradually building my active balance.
(this article taken from: http://www.hyipmistakes.com/hyip-mistakes.html)

Forex..oo.. forex

I can make money when the market moves up, and you can make money when the market moves down. However, when the market doesn’t move at all, I'll have a very tough time trying to make money and probably will end up losing money.

RisK

Nothing is ACHIEVEd without Taking a Risk

To keep LIVING, One has to RISK Death.
To keep Laughing, One has to RISK GrIeF,
To LOVE someone, One has to RiSK Rejection
To get MORE MONEY, One has To RISK the CAPITAL INVESTMENT
To get Success, One has to Risk FAILURE

Make money??.. HYIP

Didn't updates my blog for ages...
I'm really busy calculating Money..hahaha.. just kidding..
I did invest in a few High Yield Investment Programmes (HYIP).. The result is some wins and lost..hehe.. I have to pretend to be normal when I lost.
In actual Fact.. I feel like SUCKS, damn it its scam..
I lost my money in amroinvest, Nippon Hyip and WS-invest or something..I can't remember the actual name.
But..
I make 92% daily, from these HYIPs.. ParadeHYIP and Notafund.com.

Actually its normal when you invest, some win & lose..... its a fact. High Yield and High Risk..

HYIP : aspects to take into consideration

Before investing in High Yield Investment Programs (HYIP) there are several aspects to take into consideration. Here’s a list of the most important ones:

1› Always get some knowledge about the High Yield Investment industry before making a decision to invest your money in High Yield Investment Programs. A good advice is to read every page of this website before doing anything else. As mentioned before, when done right, High Yield Investments are extremely profitable, but without knowing the industry and which programs to invest in you’ll most likely lose your money. Knowledge is one of the major keys to success in the HYIP arena.

2› Think about what your reasons for investing are. Are you looking at it as a solution to your financial problems you shouldn’t even think about it. As mentioned several times on this website, High Yield Investments are risky, and if you’re unlucky enough you could eventually end up without any money at all.

3› Always think over your financial situation before taking the step to invest in HYIPs. Never invest more than you could afford to lose.· Are you a gambler or more careful? Even if High Yield Investing is much like gambling there are options that seem to be safer than other. Decide how big risks you are willing to take.

4› If you’ve made the decision to start investing, find a few programs that you believe in, and invest in all of them. Diversifying your investment on several programs will reduce the risks and you won’t lose everything if one program goes out of business.

5› Before investing in a specific program, do some research on it.

1. Does the website look professional?
   
2. Do they provide any contact information?
3. Where are they based?
   

Check this out before making a final decision.

6› Always check what the rules are regarding withdrawals before investing in program. Some programs let you withdraw your money whenever you want. Others keep your money locked for months.

7› Do some calculation using our high yield investment calculator to find out how long it will take before you’ll get your investment back.

Sometimes High Yield Investment can tend to be very much like gambling. And yes, it is very much about luck and about finding the right programs. However, if you follow the advice given above you’ll dramatically increase the chances of winning the game.

This article is taken from (http://www.hyipinvestment.com/general/geninvestmentadvice)

Investor: Knowing Ourselves and Limits

First and fermost, New investor should never invest money that they cannot afford to lose.
We cannot blame an investment for loosing money becuase all investments have its own risk.

Bear in mind, there many type of products/investment available. Investments do not always make quick bucks. Its by nature will grow and drop in value.

Buying and selling investments by emotions is not a good strategy in addition it's a financial SUICIDE.
Smart investors know that investing is not about timing the market but It's about time in the Market.

Then, as a new investor. Whatshould we do?..

First, you should know how much money that you afford to lose (Dare to fail's money) and what is your specific goals and objective.

2nd, Do your own study and research, research, research. There are more than 10,000 , 15,000 mutual funds and stock issues specifically available worldwide.

3rd, Then from the 1st and 2nd steps, you will know what kind of investments are most suitable for you to invest in. do not put all your eggs in one basket, Diversify it.

Malaysians Showing a lot of Interest In Foriegn Investment..

I thought, most of Malaysian are very negative about foriegn investment. Based on my experience, when talking about foriegn investment, thier first impression is Scam!!.. Some of them is very narrow minded, they even don't want to accept any fact about foriegn investment or event the words of FORIEGN INVESTMENT its self. hahahaha.. I'm not saying about average people, but I have this experience when dealing with an educated people(with an attitude of I know everything, even better than you). I just want to tell them that, its a fact and now it has been a significant wave that swept all over the globe.

However recently, Malaysian shows a significant interest in Foriegn Investment.
I'm pleased with a statement made by Piyush Gupta, Citi Group Country Officer and CEO Citibank Berhad. (taken from starbiz,pg B4, 4 july 06)

Here are The answer by Piyush Gupta, When he was ask by reporter(The CEO Survey, H1 2006) on How is Citibank coping with the TRENDS in the World and Local Economy?

• "Malaysian have taken a lot of interest in foriegn investment opportunities with the liberlisation of foriegn administration last year. Evidance includes over RM6bil assets invested in Mutual Funds with mandates to invest fully in foriegn equities/assets (since July 05)"Piyush Gupta, CEO Citibank Berhad.
• "We also ride the wave of liberlisation that sweeping the Globe. In Malaysia Itself, the move by Bank Negara to allow residents to invest abroad has been positive to Citibank as investors continue to seek to diversify their portfolio and obtain better return."Piyush Gupta, CEO Citibank Berhad.
• "Foriegn currency deposits also picked up and there is an increasing demand for STRUCTURED PRODUCTS (either as a hedging tool or for investment purposes)"Piyush Gupta, CEO Citibank Berhad.
• "At Citibank, we continue to leverage on advancements in technology to improve product and service offerings, accordingly. We anticipate on going focus on cutting edge products that allow us to everage technologies in coming day."Piyush Gupta, CEO Citibank Berhad.

Then, what should I say... you can choose whether to follow the trends or you'll be left behind. There are financial products currently offered on-line such as HSBC - OFFSHORE(Product:UK On-line Growth Fund) and SWISS MUTUAL FUND (1948) S.A (Product: Swisscash)...

Mutual Fund: RISK FREE???

Life is all about taking risk.. someone thought mutual fund is Risk Free....

"First of all, mutual fund investments are not insured by the FDIC or any other federal insurance program or government agency. Even in cases where mutual funds are purchased through a bank (some may even bear the name of the bank), it is possible to lose money when mutual fund investing. Also mutual fund investments come with costs and fees that can affect the amount of return you receive on a mutual fund investment. It is important to know the costs of mutual fund investing before buying the funds. The Securities and Exchange Commission offers an online mutual fund investment cost calculator at its website which allows potential mutual fund investors to investigate the costs associated with the mutual fund they are interested in.

What is a Mutual Fund Anyway?

A mutual fund is actually a company that operates by taking money from a group of investors (all those that buy the fund) and then invests it in stocks or bonds, short term money market instruments, securities, options, or some combination of these investments. If the investments pay off, the investors make money. Because most mutual funds are run by people with a certain amount of financial savvy and stock market experience, mutual fund investing is often considered rather safe, but the potential for loss is real and must be considered.

Mutual fund investing can be advantageous because there are a number of federal regulations in place that are designed to protect investors. The actual investments that the fund makes are watched closely by market analysts and financial managers whose job it is to make appropriate decisions regarding the mutual fund’s investments. The downsides include costs, taxes, and fees which must be paid regardless of how the fund performs." (taken from global-investment-institute)

OFFSHORE - High RISK ???

When talk about OFFSHORE INVESTMENT, normally people will excited about the Returns of Investment 'WoW... what a great return'.. but then, most of them will compare it with their local banks offered, then they will say 'Oo..this is new to me, I already invest at my local bank for ages and its realy safe'.. or..'I don't want to RISK my money in the Offshore Bank, cause this things is new to me, its not located in my country, it is scam, its not safe enough and etc'...

So..its about RISK.. some might heard about calculated risk, then how should we calculated them?.. In finacial management theory.. we can calculate RISK.. the risk telorance and etc.. BUT In REALITY.. that doesn't really count.. when It fails..its fail.. whether the probability to fail is 50% or 1o%.. its also same in the other hand.

"Risk must be evaluated not by the fear it generates in you or the probability of your success, but by the VALUE of the Goal" (John C. Maxwell)


For me.. Its(offshore investment) worth to take risk, since its exploring a new financial opportunity and its Discover the SECRECT OF RICHEST. (Why rich people become richer)


(The reality is thet everything in life is risky. If you want to avoid all risk, then don't do any of followings:

• Don't ride in an automobile - they cause 20% of all fatal accidents.
• Don't travel by air, rail or water - 16% of all accidents result from these activities.
• Don't walk in the street- 15% of all accidents occur there
• Don't stay at home - 17 % of all accidends happen there

Everything in life brings RISK. Its true that failure if you try something bold because you might miss it. But you also risk failure if you stand still and don't try anything ) Taken fromFailing Forward - turning Mistakes into stepping stones for sucess, by John C. Maxwell.

"Decide whether or not the goal is worth the risk involved. If it is, stop worrying" (Amelia Earhart,First female pilot to fly solo over the Atlantic Ocean 1932)

SO.. ??? YOU HAVE NO CHOICE.. LIFE IS ABOUT TAKING RISK '-)