Posts Tagged ‘
poker ’
by Alan Plastin
Do you love playing poker? Does a great hand of cards, a stack of chips, and a sturdy gaming table signify a great evening for you? If you love to play poker and you are searching for a way to make your personal bank checks more interesting then you might want to consider investing in poker checks. These checks are fun and attractive and are definitely a good way of carrying your favorite pastime around with you-even when you can’t cash in.
There are a number of different kinds of poker checks to pick from so you shouldn’t have any dilemma discovering a series that calls to you and your particular interests.
You can pick between poker checks that have a bit of humor to them, or checks that feature classical depictions of the game itself. Luckily, regardless as to which check series you decide to get, you can discover matching accessories to complement your new checks. Corresponding address labels, contact cards, and checkbook covers can all be bought to finish your new financial style.
The “Dogs Playing Poker” checks definitely contain humorous images of the popular game. These checks contain images that were painted by Cassius Marcellus Coolidge in the 19th century. Since then, the popular images have been used on prints, posters, and calendars. These iconic images are sure to be a hit with everyone that you write out a check to.
If you’d rather have something that’s a little more serious then you might want to take a look at the “Poker Nights” series. These contain some of the most popular hands in the game. If you are a poker buff then you will find these checks irresistible. There are 4 rotating images, each one with the names of popular hands in poker. The backgrounds are solid which makes them less overwhelming than some of the more lively checks.
Of course, you can also find poker checks that simply contain classic images of the game itself. These checks show the intensity of the game with images that include the gaming table, stacks of poker chips, and pocket aces. The close up images on these checks are striking and will remind you of the reasons why you love the game in the first place.
Don’t forget that if you order your checks online you can save as much as 50% off their price. In the past, you might have found that going to your local bank was time consuming and costly. Plus, you probably didn’t have a lot of designs to choose from. However, now when you order from a reputable site you can save money and have a large assortment of designs to choose from.
You can typically expect to receive your checks in the mail in around 5 days. That is probably even sooner than you would have had them delivered from your bank.
Tags: cards, checks, entertainment, Finance, gambling, poker
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Wednesday, May 11th, 2011
by Timothy Belwood
Baseball analysis is not difficult if one knows a little bit about the game itself. Terminology is key, and any evaluation of players and teams begins with an understanding of batting and pitching data.
Batting statistics are important in determining the general ability of players at the plate. Home runs are an indicator of a player’s power, and a team’s scoring ability. Batting average, on the other hand, is used to determine a player’s ability to reach base safely. Home runs and batting average are key statistics in determining how much money a player is worth, and has a huge impact on the financial contracts they sign every so many years.
Pitching statistics are examined closely for indications that a pitcher will produce quality starts for many years. Pitchers are most sought after for wins, a good earned run average (the overall amount of runs given up per game), and strikeouts. As with hitters, pitchers who excel in key categories will demand more money during contract negotiations. They will also be highly pursued as the anchors of a team’s pitching rotation.
Beyond the very basic statistics most known to lovers of the game is another whole level. On this level, every aspect of every pitch is broken down into complex analysis. This is the level of professional baseball statisticians, who crunch numbers for a living in order to prepare for any comparison between players and teams that might be needed or wanted.
Broader professional analysis makes use of sophisticated technology. Statistical charts and graphs can often clarify data, and these visual representations can then be presented during games to more casual baseball fans.
Ultimately, baseball analysis takes place on a number of different levels. All numbers have meaning, and can be used to draw comparisons between players and teams from all eras of baseball history, thus allowing a deeper understanding of the game itself and the men who play it.
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If you’re searching for top notch
baseball analysis then you should visit The Baseball Handicapper. The website provides solid information, help with managing your money and other tips on selecting a winning side. Their prior picks are easily accessible online so you can verify their success. It also has weekly, monthly and season-long subscription plans to fit your specific requirements.
Tags: analysis, baseball, basketball, betting, entertainment, Finance, football, handicapping, internet, mathematics, poker, probability, Reference, statistics
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by Brent Beckley
The founders of the 3 biggest Net poker companies have already been indicted for bank fraud and money laundering, federal law enforcement officials said Friday.
The United States Attorney in New York unsealed the indictment against eleven folks, including the founders of PokerStars, Full Tilt Poker, and Absolute Poker. Additionally to charges of bank fraud and income laundering, the organizations are accused of illegal gambling offenses.
The sweeping 52-page indictment alleges that the corporations, based offshore, utilised “fraudulent methods” to get around U.S. anti-gambling laws “and to obtain billions of dollars from U.S. residents who gambled through the Poker Companies.”
The authorities also issued restraining orders against a lot more than 75 bank accounts, and seized 5 Online domain names utilised by the companies to host their illegal poker games.
The businesses allegedly arranged for the dollars from U.S. gamblers to become disguised as payments to hundreds of non-existent on the internet merchants for the acquire of items such as jewelry and golf balls, in accordance with the indictment.
The defendants involve Isai Scheinberg and Paul Tate of Poker Stars; Raymond Bitar and Nelson Burtnick of Full Tilt Poker; and Scott Tom and Brent Beckley of Absolute Poker.
“As charged, these defendants concocted an elaborate criminal fraud scheme, alternately tricking some U.S. banks and effectively bribing other folks to assure the continued flow of billions in illegal gambling earnings,” U.S. Attorney Preet Bharara said in a statement.
Prosecutors also filed civil charges against the poker firms and several individual “payment processors,” looking for at the least $3 billion in penalties.
Prosecutors also alleged that John Campos, a aspect owner of SunFirst Bank in Utah, agreed to procedure Online gambling transactions in exchange for a $10 million investment in his bank by 1 of the other defendants.
Prosecutors said they are working with Interpol and foreign agencies to secure the arrest of the remaining defendants, who’re not presently inside the United States.
“These defendants, realizing full effectively that their company with U.S. consumers and U.S. banks was illegal, tried to stack the deck,” stated Janice Fedarcyk, FBI assistant director-in-charge. “They lied to banks concerning the true nature of their small business. Then, a number of the defendants observed banks prepared to flout the law for a fee.”
Tags: Finance, online gambling, online poker indictment, poker, poker rooms, poker suspended
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Friday, August 21st, 2009
by Ahmad Hassam
Forex demo account is the ideal place to learn forex trading. You should understand from the get go that any action you take on a trading platform is basically your responsibility. You may have meant to click Sell but instead you clicked Buy. No one knows for sure except you.
Instead of jumping into live trading, first practice on your demo account. Double your demo accounts three times in a row only then trade live if you dont want to blow your account repeatedly.
Attempts to trade at the market can sometimes fail in very fast moving markets when the prices are adjusting quickly like after a data release or break of a key technical level or price point. Part of this stems from the latency effect on the internet.
The time lag between the platform reaching your computer and your trade request reaching the platform server can cause your trade to fail in fast moving markets. You can experience these time lags so that you dont learn them during real trading by first practicing on your demo account.
You are in the market by pulling the trigger. You opened your position. The forex market isnt a roulette wheel where you place your bets, watch the wheel spin and simply take the result. Dont think that you have pulled the trigger and now its time to sit back and let the market do its thing. You will have to constantly monitor your trade position on regular basis.
Always trade with a plan! Currency market is a dynamic and fluid environment. New information and price developments are constantly creating new opportunities and changing previous expectations.
Before getting caught up in the emotions and noise of the market, you can improve your chances of trading success by thoroughly planning each trade. You should know in advance where to enter and when to exit a trade. Entry and exit at the proper time is crucial for making a winning trade.
How much managing your open position you need, it depends on your trading style and the overall market conditions. You will generally set wider stop loss and take profit targets and adopt the policy of set and forget if you are following a medium to long term trading strategy based on swing trading the currency markets.
Staying on top of the market is still a good idea even for a longer term trade. A lot can happen between you open a position and the price action hitting your target level. It pays to keep up with the market news and price developments while trade is active, no matter what your trading style. So you may require making changes to your trading plan. Unexpected news may suddenly impact your position.
When we talk of making changes to the trading plan, we are referring only to reducing the overall risk of trading by moving the take profit or stop loss order. Your account will be blown up in a matter of hours or days if you dont know these things. You need to learn and experience these things on your demo account first. Dont try to learn them on your real account.
About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies. First Trade Your
Forex Demo Account. Learn
Forex Trading!
Tags: betting, business, Credit, debt, Finance, forex, gambling, investing, Mutual funds, poker, retirement, stocks, trading, Wealth Building
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Thursday, August 20th, 2009
by Ahmad Hassam
The best way for new traders to get a handle on what currency trading is all about is to open a practice account. Almost every forex broker offers a free practice account to new clients. All you need to do is to sign up with any good forex broker.
Practice accounts are funded with virtual money. So you are able to make trades with no real money at stake and gain experience in how margin trading works. Practice accounts give you the great chance to experience the forex market. You can see how the price changes at different times of the day.
You can trade your practice account with real market conditions without any fear of losing money. How various currency pairs may differ from each other? How the forex market reacts to new information when major news and economic data is released.
You can experiment with different trading strategies and see how they work out in the real market conditions without any fear of losing your money. You will also learn using different market orders. How to manage an open position? Improve your understanding of how margin trading and leverage works and start analyzing charts and following technical indicators.
Practice accounts are a great way to experience real forex markets. You can also test drive all the features and functionality of a brokers platform. However, one thing you will never be able to simulate on your practice account is the emotions involved in trading. Emotions will only come into play once you put your real money on the line.
You can trade the current price of the market using the click and deal feature of your brokers platform. You can also use market orders like the limit orders or the one cancels the other orders. There are many ways to pull the trigger in the forex market. Pulling the trigger means how to enter or exit a position.
Many traders like the idea of opening a position by trading at the market. Most prefer the certainty of knowing that they are in the market. They dont want to leave an order that may or may not get executed.
Just specify the amount that you want to trade. Click on the buy or sell button to execute the trade. The forex trading platform responds back within a second or two with a pop-up message either confirming or not confirming that the position was opened. Most forex brokers provide live streaming prices that you can deal on with a simple click of your computer mouse.
You must know that attempts to trade at the market can sometimes fail in very fast moving markets. Currency markets can suddenly become highly volatile. This happens when prices are adjusting quickly like after a data release or break of a key technical level or price point.
About the Author:
Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading stocks and currencies. First Trade Your
Forex Demo Account. Learn
Forex Trading!
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Wednesday, August 19th, 2009
by Ahmad Hassam
Rollovers are unique to the currency markets. Rollovers are transactions where an open position from one settlement date is rolled over to the next settlement date. Rollovers represent the intersection of interest rate markets and forex markets.
Rollover rates depend on the difference between the interest rates of the two currencies in the pair that you are trading. Only remember that what you are trading is in fact the good old cash. Dont forget currency is money after all.
You should expect an interest gain/expense on holding a currency position over time. It is similar to earning interest on a bank deposit and paying interest on a loan. It is like having a deposit in a bank account when you are long on a currency. Its like take a loan from the bank if you are short.
The difference between the interest rates between the two currencies is called the interest rate differential. Think of the open currency position as one currency with the positive balance (the currency you are long) and one with negative balance (the currency you are short).
The interest rates of two different countries apply because your accounts are in two different currencies. You should look for the base or benchmark lending rates in each country. You can find the interest rates of different countries from Wall Street Journal Online, Financial Times online or that matter any good financial website.
The larger the interest rate differential, the larger the impact from rollovers! The narrower the interest rate differential, the smaller the impact of the rollovers! Rollovers are usually carried out by your forex broker if you hold an open position past the settlement date.
Some online forex brokers apply the rollover rates by applying the rollover credit or debit directly to your margin balance. Other forex brokers apply the rollover rates by adjusting the average rate of your open position. Rollovers are applied to your open currency position by two offsetting trades that result in the same open position.
Rollovers are applied to open position after 5.00 PM EST change in value date. Rollovers are not applied if you dont carry a position over the change in the value date. For day traders, who usually close their positions at the end of each trading day, rollovers do not apply. Rollovers only apply to your over night open position carried over to the next day.
If you are short the currency with the higher interest rate and long the currency with the low interest rates, rollovers will cost you money. If you are long the currency with the higher interest rate and short the currency with the lower interest rate, rollover can earn you interest income.
About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. He is insterested in day trading stocks and currencies. Develop your own
Forex Trading System. Learn
Forex Trading !
Tags: b, betting, business, business;finance, c, Credit, currency trading, d, debt, e, f, Finance, forex, g, gambling, I, investing, investment, Mutual funds, n, o, p, poker, r, real estate, retirement, stocks, trading, u, w, Wealth Building
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Tuesday, August 18th, 2009
by Ahmad Hassam
Trading is not investing. Trading is speculating. Trading can be challenging. Speculating is defined as taking business risk in the hope of profiting from market fluctuations. Successful speculating requires predicting outcomes and analyzing different market situations. It also requires putting your money on the side of the trade on which you think the market is going to go up or down.
If you are a trader, you should appreciate the fact that if you apply the correct techniques for analyzing trades, manage your money and protect your trading account, you can be wrong 70 percent of the time and still be a successful trader. How is that possible? It is only possible by entering a trade where the risk/reward ratio is les than1/3.
Right now forex and gold markets are really hot while the stock market is down. Stock market was a great investment opportunity a few years back. Over time, opportunity keeps on shifting from one market to another. Gold prices are going up. Those investors who entered this trend in the gold market by investing at the right time if they are going to ride the trend till it lasts in the gold market will make a lot of money. At the moment almost everyone is investing in gold as a hedge against likely USD depreciation. Everyone includes countries like China, Russia, India, hedge funds, institutional investors like big corporation and big banks, and retail investors.
Many hedge funds had made a lot of money by investing in crude oil futures in the year 2008. Right now oil prices are down due to the reduced demand in the global markets, this situation may continue for some months or some years but suddenly you will find that crude oil futures have become a great investment opportunity again.
Timing for entering the market and the timing for exiting the market is very important for a successful trade. In trading it is the timing that is of essence. As the global economy recovers and demand for oil increases, oil prices will again go up in a few years time.
Investors and traders make the mistake of focusing only on one market. Many end up spending time on only one market. In reality all the markets are interlinked. Futures, options, forex, stocks, commodities, all markets are effected and in return effect other markets. If something happens in one market, you will find the repercussions in the other markets. Successful trading requires mastering a strategy that enables you to trade multiple markets and multiple time frames.
Many traders get stuck up with one market. They do testing, development, put on a million indicators, go and trade live. But then what almost happens is that the market starts to go sideways or the opportunity shifts to another market. While they do everything they can while spending all kinds of time trying to figure out one market and one timeframe.
There were so many stocks just a few years ago that were incredible to trade that either dont exist anymore or would not trade successfully today. So you really have to have the ability to be able to adopt the market conditions and not waste your time to really master one market which is critical.
Many gurus will teach you that you really need to learn the ins and outs of one market. They will tell you to focus only on one market and then stick with it. But the problem with that philosophy is that opportunity keeps on shifting from one market to another. Mastering different markets is counterintuitive. Always remember a good trader always follows where the money goes. In other words, follow where the opportunity goes.
About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies. Know The Trend
Forex System. Learn
Forex Trading!
Tags: b, betting, business, business;finance, c, Credit, currency trading, d, debt, e, f, Finance, forex, g, gambling, I, investing, investment, Mutual funds, n, o, p, poker, r, real estate, retirement, stocks, trading, u, w, Wealth Building
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Monday, August 17th, 2009
by Ahmad Hassam
In forex trading, stop loss execution policy is somewhat different than in equity trading. If the broker bid price reaches your stop loss order rate, stop loss orders to sell are triggered. Suppose, your stop loss order to sell is 1.2540! The brokers lowest price quote is 1.2540/1.2543. Your stop loss order will be executed. Almost the same goes for buy orders.
Most of the forex brokers will never guarantee stop losses around the release of economic reports. The benefit of this practice is that some brokers will guarantee against slippage on your stop loss order under normal trading conditions. The downside of this is that your stop loss order will be executed earlier. So you will have to add in extra cushion when placing them on your forex trading platform.
One-Cancels-the-Other Orders: A one cancels the other order is usually abbreviated as OCO order. A one cancels the other order is a stop loss order paired with a take profit order. Until one of the order levels is reached by the market and closes your position, your position stays open. An OCO order is the ultimate insurance policy for any open position! When one order level is reached and triggered, the other order is automatically cancelled.
OCO orders are highly recommended for every open position. Lets make it clear with an example. Suppose you are short USD/JPY at 120.00. You think that if it goes up beyond 120.00, its going to keep going higher. Thats where you decide to put your stop loss buying order.
You place your take profit buying order at 118.50 as you believe that USD/JPY has downside potential to 118.50. As long as the market trades between 120.00 and 118.50, your position remains open. Your risk is clearly defined. You now have two orders bracketing the market. Suppose USD/JPY 118.50 price level is reached first, your take profit order is triggered and you buy back at a profit. However, suppose USD/JPY 120.00 price level is hit first, your position is stopped out at a loss.
Contingent Orders: A contingent order is an order where you combine several types of orders to create a complete currency trading strategy. Contingent orders are also referred to as if/then orders. If/then orders require the If order to be done first. Only then the second part of the order becomes active. So they are sometimes also called If done/then orders.
The key feature of most forex broker order policies is that your order is only filled based on the price spread of the trading platform. That means that your limit order is only executed if the trading platform offer rate reaches your buy rate. Similarly, a limit order is only executed if the trading platform bid price reaches your sell rate.
Suppose you have a buy order to sell GBP/USD at 1.2655. Your brokers spread on GBP/USD pair is 4 pips. If the trading platform price is 1.2655/1.2659, your buy order will be filled. If the lowest price is 1.2652/1.2656, the limit order will not be filled as the brokers lowest rate of 1.2655 does not match your buy rate of 1.2656. Almost the same thing happens with limit orders to sell.
About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies. Try Netpicks
Forex Signal Service. Learn
Forex Trading!
Tags: b, betting, business, business;finance, c, Credit, currency trading, d, debt, e, f, Finance, forex, g, gambling, I, investing, investment, Mutual funds, n, o, p, poker, r, real estate, retirement, stocks, trading, u, w, Wealth Building
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Sunday, August 16th, 2009
by Ahmad Hassam
Stop Loss Orders: If you dont use stop loss orders, you are leaving yourself at the mercy of the markets. A dangerous proposition with unlimited downside risk! Stop loss orders are critical to your trading survival. If the market moves against your position, stop loss orders are used to limit losses. The traditional stop loss order does just that. It stops losses by closing out an open position that is losing money.
If you are short, your stop loss order would be to buy but at a higher price than the current market price. Stop loss orders are on the other side of the take profit orders but in the same direction. If you are long, your stop loss order would be to sell but at a lower price than the current market price.
Trailing Stop Loss Orders: The trailing stop order adjusts the order rate as the market price moves but only in the direction of your trade. A trailing stop loss order is a stop loss order that you set at a fixed number of pips from your entry rate.
Suppose you are long on EUR/GBP at 1.2654. You set the trailing stop loss at 30 pips. The stop order will become active at (1.2654-30=) 1.2624 initially. As the market moves higher, the trailing stop loss order continues to adjust itself higher. Suppose the EUR/USD rate goes up to 1.2674, the stop adjusts itself. Now the stop order will become active at 1.244.
When the market puts in the top, your trailing stop will be 30 pips below the top. If the market ever goes down by 30 pips, the trailing stop loss order will be triggered and your open position closed. So in our example, you are long at 1.2654. You set the trailing stop loss at 30 pips and it became active at 1.2624.
Suppose the market never ticks up and instead the market goes straight down. You will be stopped out at 1.2624. Instead suppose the market first rises to 1.2664. Then the market declines 40 pips. Your trailing stop loss order will first rise to (1.2664-30=) 1.2634. It is at 1.2634 that you would be stopped out now.
You must have heard the saying: Cut your losses and let your winners run. A trailing stop loss order allows you to do just that. The idea is that when you have a winning trade on, you wait for the market to stage for a reversal and take you out of your trade by using the trailing stop loss order instead of picking the right level to exit on your own.
Using stop loss orders is critical in trading as it helps you in money and risk management. Trading without the stop loss orders is foolish! Never ever do that! So the key to successful trading is to cut losing positions quickly and let winning positions run. This is what a trailing stop loss order does. It helps your winners run and cuts your losses.
About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading and currencies. Discover a revolutionary new
Forex Robot. Learn
Forex Trading!
Tags: a, b, betting, business, business;finance, c, Credit, currency trading, d, debt, e, f, Finance, forex, g, gambling, I, investing, investment, Mutual funds, n, o, p, poker, r, real estate, retirement, stocks, w, Wealth Building
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Saturday, August 15th, 2009
by Ahmad Hassam
Just to remind you that forex markets are open 24 hours a day, five days a week. A market move is just likely to happen while you are asleep or in the shower as while you are sitting in front of your computer screen. Currency traders use market orders to catch market movements when they are not in front of their screens.
There are many types of market orders. Proper use of market orders is very critical to your trading success. You should think of the different types of market orders as trades waiting to happen. You are in the market so be as careful as possible while playing with the market orders if you enter an order and the subsequent price action triggers its execution. Trading can be very difficult without these market orders.
Experienced currency traders routinely use orders to implement a trade strategy from entry to exit, capture sharp short term price fluctuations, limit risk in volatile or uncertain markets and preserve trading capital from unwanted loss. Market orders are essential for maintaining trading discipline.
Currency markets can be notoriously volatile and difficult to predict. There can be sudden price swings. Using market orders can help you capitalize on short term price movements while limiting the impact of any adverse price movements.
If you dont use market orders, you probably dont have a well thought out trading plan. While there is no guarantee that the use of market orders will limit your losses and protect your profits in all market conditions, a disciplined use of market orders will help you quantify the risk that you are taking. It will also give you the peace of mind in trading.
Different types of market orders are available in currency markets to forex traders. When you open an account with a forex broker, you should add the market orders to the list of questions you need to ask the broker because you should know that not all market orders are available at all online forex brokers.
Take Profit Orders: Use the take profit order to lock in profits when you have an open position in the market. An old market saying, You cant go broke taking profits. If you are long EUR/USD at 1.2845, your take profit order will be to sell the position somewhere higher close to 1.2875. Suppose you are short GBP/USD at 1.2354. Your take profit order will be to buy back the position and be place somewhere below 1.2334. Making you a profit of 20 pips!
Limit Orders: Dont forget the saying, Buy low and sell high. A limit order is any market order that triggers a trade at more favorable levels than the current market price. The limit order must be placed somewhere above the current market price if the limit order is to sell. The limit order must be entered somewhere below the current market price if the order is to sell.
About the Author:
Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading stocks and currencies. Know
Forex Scalping. Learn
Forex Trading!
Tags: b, betting, business, business;finance, c, Credit, currency trading, d, debt, e, f, Finance, forex, g, gambling, I, investing, investment, Mutual funds, n, o, p, poker, r, real estate, retirement, stocks, trading, u, w, Wealth Building
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