The Magic Of Epoxy Concrete

Epoxy concrete, a class of materials known for its durability and aesthetic versatility, is gaining popularity in both residential and commercial applications. This article dives into the ins and outs of epoxy concrete and its applications, focusing on epoxy flooring installation in Newcastle.

Understanding the Composition

Epoxy concrete is a unique type of flooring that combines epoxy resin and hardeners. When these two components are mixed, they form a rigid plastic material that is resistant to degradation and adheres incredibly well to its substrate. This robust material is resistant to wear, tear, and chemical degradation making it a suitable choice for areas with heavy foot and vehicle traffic.

Benefits of Epoxy Concrete

There are multiple benefits attached to epoxy concrete. For one, it creates a glossy, high-gloss surface that can significantly brighten any interior space. It’s also resilient and tough against impacts, chipping, chemicals, stains, and surface abrasion. Upkeep is minimal, only requiring regular sweeping and occasional mopping.

Further, epoxy is quick to install and does not require significant layout changes. This, coupled with its long service life, makes epoxy a cost-effective flooring solution. In addition, epoxy is environmentally friendly, having low VOC emissions in comparison to other flooring options.

Epoxy Floor Installation Newcastle

In cities like Newcastle, epoxy floor installations are becoming increasingly popular. When done correctly, an epoxy floor provides a polished, clean look that can withstand the demands of high traffic areas. The customization options also add to the lure, with various colours, patterns, and effects available to match any space’s aesthetics.

The process of an epoxy floor installation usually involves a series of preparation steps. Before application, the concrete substrate should be thoroughly cleaned and any cracks or flaws repaired. The surface should also be checked for moisture, as a high level can affect the adherence of the epoxy.

Then, the epoxy mixture is spread across the floor evenly. Depending on the temperature and humidity in Newcastle, curing can require several days to a week. Professionals recommend not using the floor until fully cured to avoid marks or damages.

Challenges with Epoxy Concrete

Despite the host of benefits offered by epoxy concrete, there are a few challenges. For example, the installation process requires precision and expertise, making DIY installation tricky. Also, although resistant to most types of damages, it is susceptible to UV damage and may yellow or fade in sunlight over time.

Conclusion

In conclusion, epoxy concrete is a durable, flexible, and cost-effective option for both residential and commercial applications. With professional help, such as that available in Newcastle, the installation process can be a breeze. Despite a few challenges, its benefits far outweigh the negatives, making it a viable flooring option for many.

The Importance Of Family Lawyers Near Me

For anyone going through legal family disputes or contemplating it, the notion, “Family Lawyers near me,” often proves to be of vital value. A nearby family lawyer provides an array of legal services that cater to family-related issues or domestic relationships. While certain family lawyers specialize more in one area, such as divorce or child custody, many are well-versed in handling a wide range of family law matters.

When “Family Lawyers near me” is at the forefront of your mind, it could be because you’re going through a divorce or it might be down to the need for a prenuptial agreement or in response to domestic violence or child support suit. Regardless of the reason, it is essential to have an experienced and competent family lawyer by your side.

In addition to giving legal advice, family lawyers near you have the emotional intelligence to deal with your sensitive family issues tactfully. They help to mediate disputes and represent you in court for all suits touching on the family unit. Therefore, the benefits of identifying the right family lawyer near you cannot be overstressed.

Where to look for Family Lawyers

Although it may seem daunting, there are various strategies to find a competent and expedient family lawyer near you. Local directories and the internet are obvious places to start. Look for specific attributes and reviews before deciding which of the available family lawyers near you best suits your needs.

Personal Injury Lawyers Search

When initiating your search, broaden your scope to increase the likelihood of finding the perfect match. Personal Injury Lawyers Search, though different from family lawyers, may also yield useful contacts. In fact, these lawyers often work closely with family lawyers, especially in cases of domestic violence or where a family member suffers injuries due to the negligent acts of another member. It’s common for personal injury lawyers to have reputable family lawyers in their network.

The Personal Injury Lawyers Search can unveil reputable attorneys who can handle complex areas of law that overlap with family law, such as wrongful deaths, injuries, and mental abuse cases within the family realm. Just like family lawyers, personal injury lawyers often provide free initial consultations, which can give you an idea of whether it makes sense to engage them in your family law case.

What to Consider when Hiring a Family Lawyer

When pondering over “Family Lawyers near me,” put into account the lawyer’s experience, reputation, availability, fees, and location. No matter the kind of family law case you’re dealing with, it’s essential to work with a family lawyer who specializes in this area. Such a lawyer understands the laws and procedures of your specific local jurisdiction.

Find out whether the family lawyer provides a free initial consultation so that you can gauge their suitability. During the consultation, be clear about your expectations and understand the fees you are expected to pay. Try to get a general feel for the lawyer – is this someone you feel comfortable with? Can they empathetically and effectively communicate? Roll all these factors together, and you’ll increase your chances of finding the right family lawyer near you.

In conclusion, instead of panicking about finding “Family Lawyers near me,” use our tips as your guide. Check local directories, harness the power of personal injury lawyer searches and most importantly, know what to look for and what to avoid. Regardless of the situation, remember, the right lawyer can quickly provide a lifeline during your stressful times.

United Health Center: Comprehensive Healthcare Services

The United Health Center (UHC) stands as a pillar of support in the healthcare industry. Originating from humble beginnings, it has grown exponentially while maintaining its core audience’s health and wellness. Very notable is their support to international students through the cheap international student health insurance plans introduced in recent years. This innovation particularly addresses the healthcare needs of foreign students, underscoring the center’s commitment to inclusivity and equitable healthcare.

A Glimpse into the United Health Center

Founded on the principle of universal healthcare access, UHC aims to ensure high-quality healthcare coverage is reached by everyone irrespective of their financial standing. Equipped with modern infrastructure and technology, UHC provides an array of services including general medicine, emergency care, surgical procedures, mental health counseling, and wellness programs. The uniqueness of UHC is characterized by its extensive services in primary care, specialty care, and health education.

UHC primarily targets underserved communities, working indefatigably to reduce health disparities in these areas. Their inclusive principle is further demonstrated by their intensive effort in introducing affordable health insurance plans for international students.

Understanding the Cheap International Student Health Insurance Plans

With the rapidly increasing number of international students in the country, their healthcare access and security have been areas calling for attention. In response, UHC introduced the cheap international student health insurance plans, designed to meet international students’ unique needs when studying away from home.

Different from standard domestic policies, these plans take into consideration the high costs of medical treatments international students might encounter in unforeseen circumstances, such as emergency visits and hospitalizations. In addition to covering these potential threats to their health and pocket, these plans also facilitate preventative care and reproductive health services.

The affordability of these plans is a primary attraction. With a variety of options available, international students can choose the plan that best suits their individual health needs and budgeting capabilities, further easing the financial burdens of studying abroad.

The Impact of Cheap International Student Health Insurance Plans

The introduction of affordable health insurance plans for international students has been a game-changer. By providing health coverage at student-friendly prices, UHC has enabled students to concentrate on their primary purpose, education, rather than being overly concerned about potential healthcare costs.

Additionally, these plans have notably increased international students’ access to healthcare, prompting prompt medical attention when necessary. By ensuring that these students aren’t left out in healthcare planning, UHC is aligning with global efforts to promote universal healthcare.

Conclusion

The United Health Center is a benchmark for accessible, high-quality healthcare. With the introduction of cheap international student health insurance plans, UHC has stepped up its commitment to inclusivity and health equity. While competition in the healthcare industry continues to grow, UHC is leading by example, ensuring that students from across the globe can study with the confidence that their health matters are well-cared for. This student-centric approach amplifies the organization’s dedication to delivering healthcare to every corner of society.

Delivery Near Me – A Comprehensive Guide

In this day and age, convenience and speed are paramount. Whether you’re stuck at home, working late or just don’t feel like cooking, delivery services have become an essential part of modern life. The phrase ‘delivery near me‘ has become a common search term for those seeking quick and hassle-free meals. From fast food to gourmet cuisine, there’s an excellent range of options to choose from, ensuring that your cravings can be satisfied within a click.

The rise of the delivery culture has been facilitated by numerous online food delivery platforms. These platforms empower users with the ability to compare menus, read reviews, and place orders from a staggering number of restaurants that offer delivery services. Whether you’re in search of your favourite local dishes or want to try something new and exotic, there’s likely a ‘delivery near me‘ option that can cater to your needs.

Choosing the Best ‘Delivery Near Me‘ Option

When choosing a delivery service, there are several key factors to consider. These include:

  • Menu selection: Look for a service that offers a wide variety of food options to suit your dietary preferences and mood.
  • Delivery speed: Consider how quickly you can expect your food to arrive. Reputable services should offer an estimated delivery time.
  • Customer reviews: Customer reviews can provide insight into the quality of food and service. They can also alert you to any common issues with a particular restaurant or delivery service.
  • Convenience: Look for a service that is easy to use and allows for effortless ordering and tracking.

restaurant takeaway menu vancouver

For instance, lets take the “restaurant takeaway menu Vancouver”. Vancouver is known for its diversity in cuisines. Here, you can find a myriad of delivery services that cater to a diverse range of food preferences. Whether you’re craving sushi, pizza, Indian curry, gourmet burgers, or health-conscious vegan dishes, Vancouver’s food delivery scene can cater to you. All you have to do is input your preferences into the search bar of your preferred delivery platform, and voila! You have a list of suitable options at your fingertips. To ensure that you’re selecting the best possible option, don’t forget to read through user reviews and ratings.

Benefits of Using a ‘Delivery Near Me’ Service

Using a ‘delivery near me’ service has several key benefits. These include:

  • Convenience: With a delivery service, you can enjoy your favourite meals without leaving the comfort of your home or office.
  • Time Saver: Delivery services save you the time and effort of cooking or going out to pick up food.
  • Variety: Delivery services provide an incredible variety of food options, making it easy to satisfy any craving at any time of day.

In conclusion, as with almost anything in our modern age, eating doesn’t require you to leave your home or office. With a simple search for ‘delivery near me’, you can have delicious meals delivered right to your door. It’s quick, it’s convenient, and it adds a whole new level of diversity to your eating habits.

Discovering The Perfect ‘Hair Salon Near Me’

When you’re searching for a ‘hair salon near me‘, there are countless things to consider. You want a salon that can cater to your personal style, a salon that understands your hair type, and most importantly, a salon that hires professionals who are experts at what they do. But with so many hair salons available, how do you choose the right one? Here is a quick guide.

Researching Potential Salons

Begin by researching the salons near your area. Look at their websites or social media profiles to view their work. Check the reviews from previous customers to gauge whether a salon provides quality service. This step will narrow down your choices and help determine which salons are worth visiting.

Services Offered

Not all hair salons provide the same services. Some specialize in specific hair treatments like keratin, color, hair extensions, and more. While others offer a wide gamut of services. Understanding what a salon offers will help you select one that caters to your specific hair needs.

Experience with Your Hair Type and Desired Style

This is a critical aspect to consider when choosing a hair salon. Your hair texture and type play a significant role in the outcome of any hairstyle or treatment. Hence, selecting a salon that has experience with your hair type or desired style ensures that you get the best results.

Professionalism and Customer Service

The overall experience should not only be about the end result. The staff’s professionalism, the salon’s ambiance and the level of customer service also contributes to your salon experience. A good salon will make you feel welcomed and comfortable while delivering top-notch service.

Sustainability

With the rising awareness about environmental conservation, many salons are switching to eco-friendly practices. If this matters to you, consider checking if the salon uses recyclable materials, offers organic hair products, or utilizes energy-saving equipment.

Price Range

Different salons have different pricing structures, so it’s crucial to find one that fits your budget. Don’t forget that paying a bit more for a highly experienced stylist can be worth it for the excellent results.

Just like deciding to sell my afl trading cards australia, the decision of choosing a perfect salon requires research and considering various factors. The right salon goes a long way in enhancing your look and boosting your confidence. So, invest your time in finding that perfect ‘hair salon near me‘ and enjoy the transformative experience of a good haircut, color, or style!

The Impact And Role Of Speech Therapists

A Speech Therapist – sometimes referred to as a speech-language pathologist – often plays an underrated yet absolutely critical role in the lives of individuals who need help with communication, swallowing, and cognition. A Speech Therapist provides life-changing treatment, support, and care for individuals who have difficulties with communication, or with eating and drinking, due to physical disorders, hearing loss, or emotional issues.

Often, when people think of speech therapy, they only associate it with children having difficulty producing certain sounds, stuttering issues, or perhaps language problems that can be quite common among children. Despite this perception of speech therapists as solely pediatric professionals, adults also frequently require speech therapy services for a variety of disorders. Contrary to popular belief, the scope of speech therapy extends far beyond simply treating speech and language issues in children.

Adults may require speech therapy services due to conditions that are either congenital, developed as a result of an accident or trauma, or an inevitable part of ageing. Conditions that speech therapists commonly treat in adults include stroke, brain injury, hearing loss, Parkinson’s disease, motor neurone disease, or even cancer in the lungs, throat, or oesophagus.

The Beneficial Reach of Speech Therapy

Speech therapists in Brisbane, Australia, like those in many other regions around the world, have an extensive range of experience in treating a variety of conditions. It isn’t merely about pronunciation – speech therapy can also assist in strengthening the muscles used for speech, help with cognitive language skills, and enhance understanding and expression of language. But communication is not the sole area where speech therapists work their magic; they also play an integral part in helping individuals with swallowing difficulties. This function is vitally important, particularly for individuals who have experienced a stroke or those with neurological conditions.

Voice Therapy Brisbane

Brisbane is home to several reputable speech therapists who provide voice therapy. Voice Therapy Brisbane is particularly essential for individuals experiencing voice problems caused by conditions like vocal cord paralysis, nodules or polyps on the vocal cords, or muscle tension dysphonia. In these situations, speech therapists help individuals learn to use their voice correctly and efficiently, emphasize vocal hygiene, and promote habits and behaviours that will maintain a healthy voice.

Regardless of the condition causing voice issues, Voice Therapy Brisbane can significantly improve the lives of people suffering from these challenges. It helps in restoring one’s natural voice, reducing strain on vocal cords, and eliminating bad vocal habits. Sometimes, it is not just speaking but the ability to express oneself effectively without straining or discomfort that is of utmost importance.

The Demystification of Speech Therapy

Society has a crucial role to play in removing the stigma associated with speech therapy and in understanding that it’s not an intervention exclusively for children. People of all age brackets may require speech therapy services to live fully functional and expressive lives, and it’s high time that these services are recognized and valued as the game changers they truly are.

Cities like Brisbane have excellent speech therapists who work tirelessly to help individuals confront their communication and swallowing difficulties head-on and adopt healthier, more effective habits. These professionals work closely with patients and their families, providing not just therapy, but also support and education. Their role transcends professional boundaries – they become cheerleaders, advocates, and trusted friends who encourage and guide their patients on the journey towards better communication.

The Art Of Public Speaking

“`html

The Art of Public Speaking

Public speaking is one of the most educative, engaging, and significant forms of communication that has been in existence for several millennia. It supports the overarching need for expression and the dissemination of ideas, views, and concepts that engender positive change in society. This article aims to delve into the heart of understanding ‘what is public speaking‘, the importance of honing this skill, and how certain courses such as a call centre training course can help you enhance and perfect your public speaking abilities.

The Concept of Public Speaking

Public speaking, also known as oratory, can be defined as the process of communicating information to an audience. This kind of communication is deliberately structured to engage, persuade, or entertain the audience. Public speaking can range from a casual conversation with a few colleagues to a formal speech addressing thousands of people.

Significance of Public Speaking

Public speaking allows people to influence others, develop leadership skills, and overcome fear. It offers a platform for individuals to express their opinions and instill change. It is also vital in a variety of professions, where one needs to express one’s ideas clearly and convince others. This skill is particularly essential in fields like sales, marketing, education, and politics among others.

Ingredients of Effective Public Speaking

What makes public speaking captivating and engaging to the audience? The major elements of effective public speaking include maintaining clear communication, showing passion for the topic, understanding the audience’s needs, using body language appropriately, and applying good timing. Irrespective of the audience size, effective public speaking needs these fundamentals to ensure the audience is kept interested and responsive.

Importantly, the clarity and comprehensibility of the speaker’s language are highlighted as the cornerstone of effective public speaking. This clarity of speech fosters understanding and keeps viewers engaged in the conversation. More so, showing genuine enthusiasm about the topic helps to stimulate a similar reaction from the audience. Understanding and relating to the audience’s needs, interests, and concerns ensures that the speaker’s message resonates with them and is more likely to be well-received.

Learning Public Speaking

Like any other skill, public speaking can be learned and perfected over time. It does not solely depend on an individual’s personality or natural ability. Effective public speaking techniques can be learned through various means like reading books, attending seminars, watching videos, and most importantly, practicing. Also, taking courses related to communication skills can be beneficial, an example being a call centre training course.

Role of a Call Centre Training Course

A call centre training course is a perfect example of a course designed to hone an individual’s communication skills, including public speaking. The course curriculum is designed to provide participants with the skills and confidence necessary to handle a variety of customer situations effectively. Such skills include the ability to understand and meet client needs, exhibiting professionalism at all times, efficient problem-solving, and most importantly, comprehensive communication skills.

Although such a course’s primary function may be to train for call centre roles, the skills learned are highly transferable. These include promoting confidence in speaking to strangers, developing active listening skills, understanding various communication methods, and improving the ability to persuade and infuse empathy in conversations. All these are crucial for public speaking.

Conclusion

In conclusion, public speaking is an essential aspect of our lives that helps express ideas and influence society. An individual’s public speaking skills can be improved via practice and taking related courses such as a call centre training course. This helps not only in personal development but also enhances one’s professional growth.

“`

Do Automatic Forex Trading Systems Really Work?

Do Automatic Forex Trading Systems Really Work?

by

DivisaFX

There\’s a lot of controversy surrounding automatic Forex trading systems at the moment, with many traders dismissing them as a flat out scam, while others have tried them and been badly burnt as a result. The big question that remains in the Forex community is still whether there are any systems out there that actually work?

Logically, you would think that if there are people trading a manual strategy successfully, then there should be successful automatic Forex

trading systems as well. After all, it\’s just a matter of quantifying the rules and decision making processes behind any successful strategy to come up with a winning system, right? Obviously, the reason why so many people are losing money is that either something is lost in translation, or the end user isn\’t using the system as it was intended to be used.

Don\’t get me wrong, I\’m not saying that there aren\’t developers out there who are just in business to scam unsuspecting new traders. There are, which is why you should do your due diligence on credible resources like Forex Peace Army before you make a decision to buy any system. At the same time, you shouldn\’t blame all bad performance on the developer either, because you may not be using it in the right way. So how do you know if your automatic Forex trading systems are truly broken, or if it is actually you who isn\’t using it correctly?Avoiding The Common Mistakes People Make With Automatic Forex Trading Systems

First I want to point out some of the most common mistakes people make with automatic Forex

trading systems that cause them to fail consistently with any and all systems that they use. The biggest mistake of all is definitely believing in the hyped up sales copy that the developer uses to sell more systems. For example, most developers will claim that their system is \”set and forget\”, but I have yet to see one that can truly live up to that promise. At the very least, you need to consider high impact news releases like the monthly NFP and also the various interest rate announcements that affect the major pairs. Personally, I shut down my systems altogether during these event driven trading periods, because it\’s just not worth the risk.

Another critical mistake is not shopping around for a good Forex

broker with a competitive spread and good execution. If you don\’t know this already, the difference of even half a pip in the spread of the pair that you frequently trade can net you a surplus of hundreds of not thousands of dollars per year. Certain ECN brokers can offer you a spread of as little as 0.5 pips on the EUR/USD and 1 pip on the GBP/USD and AUD/USD, so if you\’re not getting that spread from your broker right now you should stop everything you\’re doing and find a Forex broker that does.

Finally, most people tend to jump in with two feet and trade their automatic Forex trading systems without doing any proper testing at the start. You are bound to make mistakes when you first begin trading any system, so why risk all of your valuable capital during this period? The first month of trading a new system should always be considered a trial period, where you observe and determine the benchmark performance of the system before you risk the full amount you planned to. Personally, I like to do my testing on a micro account instead of a demo, because a demo account will never replicate the real conditions of trading, and as such will give erroneous results.Winning With Automatic Forex Trading Systems

As the old saying goes, to succeed where others have failed, you have to do what the others failed to do. So knowing the common mistakes people make is one thing, but you\’ve got to make sure that you take the necessary action to prevent yourself from falling into the same trap of failure that they did as well. The most important thing that you can do to succeed where others have failed is to treat your trading as a business. Don\’t just \”set and forget\” your system, study it and understand how it works. Why does it enter positions? Why does it exit positions? Are you applying the correct money management strategy? All these things are vital!

Finally, don\’t be afraid to think outside the box. Whoever said that you have to buy the same old canned automatic Forex trading systems that everyone else buys? You can design your own from manual Forex strategies, or hire someone to do it for you! Divisa Capital

LP (\”DCFX\”) is an investment house incorporated in New Zealand under the Companies Act 1993 and registered with both the Financial Services Providers Register(FSPR) and Financial Services Complaints LTD (FSCL).

Article Source:

ArticleRich.com

Understanding Wi Fi Networks

WiFi networks have become an integral part of our daily lives, providing us with a convenient way to connect to the internet wirelessly. Whether we are at home, in the office, or at a public space, WiFi networks allow us to access the digital world with ease and flexibility.

Establishing a reliable WiFi network requires careful planning and configuration. It involves the use of routers, access points, and other networking devices to create a wireless network that users can connect to. Each WiFi network has a unique name, commonly referred to as the Rhino Networks Site. This name, known as the Service Set Identifier (SSID), is what users see when they search for available networks to connect to.

The strength and stability of a WiFi network depend on various factors. One crucial aspect is the frequency band on which the network operates. WiFi networks primarily operate on either the 2.4 GHz or 5 GHz frequency bands. The 2.4 GHz band provides greater coverage but can be subject to more interference, while the 5 GHz band offers faster speeds but at a shorter range.

Another important consideration is the wireless standard being used, such as 802.11n, 802.11ac, or the latest 802.11ax (Wi-Fi 6). Each standard offers different speeds and capabilities, with newer standards supporting higher data rates and improved network efficiency.

Security is a critical aspect of WiFi networks. Without proper security measures, unauthorized users may gain access to the network, compromising sensitive data and potentially causing harm. To mitigate these risks, WiFi networks typically employ security protocols such as WPA2 (Wi-Fi Protected Access II) or the more secure WPA3, which encrypt data transmitted over the network and require passwords or other authentication methods for access.

In large environments with numerous WiFi devices and users, network administrators utilize network management systems to monitor, configure, and maintain the WiFi network. These systems provide insights into network performance, allow for seamless roaming between access points, and assist in troubleshooting connectivity issues.

WiFi networks also face challenges such as signal interference, which can occur due to physical obstacles, crowded frequency bands, or neighboring networks operating on the same channel. Network administrators often perform site surveys to analyze signal strength and identify potential sources of interference, ensuring optimal performance and coverage throughout the Rhino Networks Site.

WiFi networks have evolved significantly over time, with advancements in technology enabling faster speeds, improved security, and enhanced network management capabilities. The continual development of WiFi standards and the introduction of new features cater to the growing demands of users for seamless connectivity and higher bandwidth.

In conclusion, WiFi networks have revolutionized how we connect to the internet, providing the flexibility and convenience of wireless access. Understanding the various aspects of WiFi networks, such as frequency bands, security protocols, and network management, is crucial for successful deployment and maintenance. As technology continues to advance, we can expect WiFi networks to play an even more prominent role in our interconnected world.

Understanding The Drawdown In Automated Forex Trading Systems

Submitted by: Winsor AGA Hoang

Michael Jordan was one of the best basketball players in the world. So what do Michael Jordan and automated Forex trading have in common? It is known in sports terminology as a cold streak or slump. Michael Jordan has missed more than 9000 shots in his career. He and his team have lost almost 300 games, and he failed to make the final game winning shot more than 25 times in his career. Does this make him a poor basketball player because he has failed over and over again during his career?

An athlete will go through a losing streak, and every trader will go through a similar losing streak, a period of consecutive losses with no profitable trades. In trading, this term is defined as drawdown, and it can be defined as a percentage or a number. Regardless of whether you are trading manually or using any automated Forex trading systems, you will experience a period of consecutive losses. It does not matter if you are Michael Jordan of the basketball world or the Warren Buffett of the investment world, everyone will face losses during their career or investment period. Losses are inevitable, and as investors/traders, we cannot avoid them. Trading involves both risk and reward; hence, it is impossible to obtain any type of reward without involving some risk.

An automated Forex trading system cannot avoid a losing streak; however, it is with proper money management that it can minimize the losses during the cold streak. For example, if an automated Forex trading system has a maximum drawdown of $3,000 using a 0.1 standard trading lot, it is not advisable to start trading with this system using $5,000 as starting capital. If you are unlucky and a drawdown immediately starts right after you have turned on your automated Forex trading system, you will see your trading account going from $5,000, to $4,000, to $3,000, to $2,500 and then to $2,000. In this example, you just experienced a losing streak of $3,000, or a 60% drawdown.

Before using any particular trading systems, you want to know what is the largest loss you can face when an automated Forex trading system starts incurring losses due to changes in the volatile Forex market. You must understand that this is a temporary worsening condition of a trading system. This period is the trading risk, and it will pass. With this risky period, a good trading system will recover and provide you with ample rewards (a.k.a. profits). Depending on your level of risk tolerance, a 60% drawdown is quite extreme in one s trading account. If you know that the drawdown is $3,000, you may want to start trading with $10,000 instead of $5,000. During a losing streak of $3,000, you will only experience a drawdown of 30%, which is a lot more tolerable.

Be a good investor scout and always prepare for the largest losing streak during your investment period. A drawdown period can be as long as three months; hence, don t jump from one system to another system looking for the Holy Grail. If you have found a profitable trading system, stick with it during its three months drawdown period and you will be handsomely rewarded for your patience. Alternatively, follow a profitable automated Forex trading system and wait until it starts losing and then jump in. Just like Michael Jordan of basketball, after missing three baskets, he will likely score on the fourth basket, so don t give up on him too early.

About the Author: Winsor A.G.A. Hoang is a registered Professional Engineer and the founder of

ctsforex.com

. He has developed five

automated Forex trading robots

for managed forex trading. His automated software is internationally ranked with live trading results published every 30 minutes. Visitors can use the published trading results as free Forex trading signals

Source:

isnare.com

Permanent Link:

isnare.com/?aid=489246&ca=Finances