Economics Finance

I have seen tons of robots that perform very well when tested in yesterdays market, but most of them fail when it comes to being tested in unknown market conditions.

When using Ivybot you can trade EUR/USD, USD/CHF, EUR/JPY and USD/JPY. The Ivybot developers have spent a lot of time planning their support team, as they understand how daunting Forex trading can be for the newbie. From experience I know that bad support really can let a product down, so it’s good to see that they decided to employ 5 full time people who will focus all of their time on supporting clients. We are still waiting for the live proof that this software can live up to the hype. There are actually four Ivybots – one for each currency pair.

The backtest results look good, but the real proof is when it is tested in live conditions. Instead Ivybot uses two algorithms that measure the varying strength of trends at preset time frames, and takes a position in the trend when price fluctuations take place. The decision to run Ivybot on four currency pairs was based on two reason; firstly, you can encounter margin requirement issues if you run the robot on more than four. Ivybot is unlike most automated trading systems, because unlike others it is not considered to be a scalping robot.

Continue reading ‘Ivybot – The New Forex Trading Robot’ »

You tallied up the credit card totals and it frightened you to death. Now you’re looking for another option. If you’re considering a debt consolidation loan, you can quite likely find one easily enough.

Debt-consolidation loans seem to be a staple offering in your snail mail, your email and on nearly every web site that you visit for credit management. You can view hundreds of them a day if you’re looking for them, but are they the right solution for you.

One of the biggest appeals of getting a debt consolidation loan is that it’s far more convenient. Rather than having to pay fifteen different credit card companies who will each charge a varying rate of interest, you can pay one company, have the same interest rate and pay off every account that you have, making just the one payment each month.

Continue reading ‘Finding the Right Debt Consolidation Loan’ »

A few months ago, my husband (Tim) and I heard a sermon that really got us thinking. The message was about your financial life and how to get from where you are to where you want to be. I am a note taker and so I carefully recorded everything that was said so I wouldn’t miss anything. We have been married for 7 years and have 3 little girls. I am a stay at home mom and my husband works from home. We are very blessed and are always looking for insight on managing our finances. This summarized where we want to be to a “T” and we thought the idea was worth sharing.

When you stop and think about it, there are really 5 things you can do with your money. You can:

1. Spend it
2. Pay off Debts
3. Pay Government/Taxes
4. Save it
5. Give it away

Most people do it in that order too. I know for us, we have certainly been there. Spending all you have, or worse, spending more than what you have and finding yourself in debt is a bad place to be. Debt becomes a vicious cycle and the stress it creates can be paralyzing. There is hope. You really can begin to do the 5 things in REVERSE order and that is certainly our goal and we hope it will be yours as well.

Continue reading ‘Money: 5 Things People Do With It’ »