Friday, October 28, 2016
Casinos most guarded secrets
The secrets of the casinos are not the kind of secrets that you may think. They are not secrets like the third slot machine in every row pays out on the hour, they are more like things they do to distract you from the obvious.
One of the biggest secret the casinos do not want you to know is that if you use your head and not act irrationally you can go home with some money in your pockets, unfortunately most people enter a casino and all logic flies right out of their heads. They start seeing the bells and whistles of the casinos, and people with stacks of chips and all they can think of is what they are going to do with all the money they are going to win from the casino.
Using your head is the key to winning money in the casino. The first think you need to remember is that the odds of you winning the big jackpot are so outrageously against you, that it is not worth losing your hard earned money on. So by being smart and not trying to get rich on one spin of the roulette wheel, one toss of the dice at the Craps table or one go on the slot machine you can consistently win smaller amounts that at the end of the day can a large sum of money.
Next time you are in the casino try going to the 10 dollar Roulette table and only play red or black. Each win you will double your bet, and at 10 dollars a spin you can make 100 dollars in less then 30 minutes. I usually walk up to a table and wait for the wheel to land on the same color 3 times in a row then bet on the other color. Then after I have made some money I will start to play some other bets, but I only stay on the outside of the board. The odds are much better at 3 to 1 or 4 to 1 instead of 40 to 1. Using this method I have managed to turn $20 into $900 in just over 3 hrs. It may not sound like a fortune, but as I said before walking in poor and walking out a millionaire is not realistic.
Next time you are at a casino look for a clock or window. Ok do not waste your time, there are none. Another secret of the casinos is that they want you to have no concept of time. When you are gambling time seems to go faster, and if there were clocks or a window in the casino you would have some idea of how long you have been gambling and would then start to think about leaving the casino instead if losing all track of time and spending all day and night in the casino. They do this because at some point you will start to get tired but be kept awake from the adrenalin from gambling, and at this point you can't think straight, and you will start to spend money faster. Always remember the casinos are not there to make you dreams come true they are there to take you for all your money. Any time you leave the casino with some of the casinos money it was accidental.
Some of the tricks the casinos use to keep you gambling are:
No Windows
No Clocks
Ugly colors in the rugs and walls around the exits, and nice colors around the gamming areas will subliminally make you not want to go to those areas. The worse the odds of you winning the nicer the colors of that area will be.
By keeping this information in mind you will not be going home from the casinos and quitting your job but you will have more money in your pocket and you will have had a good time making that money.
Monday, August 15, 2016
Play nostradamus on forex swings with oil trends
Now why should you worry about the price of oil if you’re not buying and selling oil?
If you’re neck deep into forex, there’s one good reason. Many of the most important currency trading pairs rise and fall on the price of a barrel of oil. The price of oil has been a leading indicator of the world economy for decades, and experts predict that that won’t be changing any time soon. The connection between the price of oil and the economy of many countries is based on a couple of simple facts:
1. Nations with healthy supplies of crude oil benefit economy-wise from higher oil prices.
2. States who depend on imports for their energy needs benefit from lower oil prices and lose when oil prices rise.
3. As the economy of a country is strong, its currency is also strong in the forex market.
4. As the economy in a country takes a downturn, its currency loses value in the currency exchange rate.
The ever shifting oil prices of the past year – 2005 – are a good example of what can happen when factors affect the price and supply of oil. Remember from basic economy courses that higher oil prices act to put the brakes on consumer spending. This follows as long as the major source of oil for industrialized countries is petroleum based. The price of all goods produced hinges on the price of a barrel of oil. As the oil prices rise, so does production and supply prices for most consumer goods. In addition, the expenses of individual consumers rise as they pay more to fuel their automobiles and heat their homes. The net result is a downward swing in the economy of the country until it hits a rallying point that starts it back on an upward trend.
Authorities who survey the oil market are split on which way oil prices are headed, and just how far. A little over a year ago, most pundits agreed that $40 a barrel was the upper limit for a barrel of crude oil. At the year’s beginning, oil had already broken that point, and was selling at $42.50 a barrel. The vagaries of the weather, world politics and actual capacity to meet demands have fueled one of the most volatile pricing years in recent memory. At one point, the price of crude broke $70 a barrel, an increase of 65% over the beginning of the year. And while prices dropped for a short period, at the end of the year, they were still 45% higher than at the beginning of the year. Since the turn of the year, prices have begun their climb again, and the majority of traders believe that we won’t see a reversal of that trend in the near future. The conservative predict a price of $80 per barrel. The more aggressive are calling it at $100.
What does this imply for the currency trading market?
From economics 101, we know that in the currency market, exchange rates are predicated on the health of a country’s economy. If the economy is robust and growing, the exchange rates for their currency reflect that in higher value. If the economy is faltering, the exchange rate for their currency against most other currencies also stumbles. Knowing that, the following makes sense:
1. The currency of nations that produce and export oil will rise in value.
2. The currency of nations that import most of their oil and depend on it for their exports will drop in relative value.
3. The most profitable trades will involve a country that exports oil vs. a country that depends on oil.
Based on those three points, the experts are keeping their eye on the CADJPY pairing for the most profitable trades, and here’s why.
Canada had been leaping the list of the world’s oil producers for years, and is currently the ninth largest exporter of oil worldwide. (gasp here) Since the millenium’s turn, Canada has been the largest supplier of oil to the U. S., and has been getting considerable attention from the Chinese market. It’s predicted that by 2010, China’s import needs for oil will double, and match that of the U. S. by 2030. Currently, Canada is positioned to be the largest exporter of oil to China. This puts Canada’s dollar in an excellent position from a trading perspective.
Japan, on the flip side, imports 99% of its oil. Their dependence on oil imports makes their economy especially sensitive to oil price fluctuations. If oil prices continue to rise, the price of Japanese exports will be forced to rise as well, weakening their position in the world market. Over the past year, there has been a close correlation with rises in oil prices and drops in the value of the yen.
If economy and history are to be regarded, the oil prices can’t continue to rise indefinitely. Eventually, consumers will bite the bullet and start cutting their demand for oil and gas. When that happens, the price of oil will either stabilize, or start heading back down toward the $40 a gallon that experts predicted it would never hit.
Sunday, February 28, 2016
Halloween family fun
Halloween is a great family holiday. There are plenty of activities that the kids of all ages in your family can participate in, so why not get out of the house and join in the fun? Most cities will have plenty of options for Halloween fun in the month of October.
Trick-or-Treat
One of the most popular Halloween activities is trick-or-treating. If you are concerned about your kids heading out on their own on Halloween night, why not tag along? Don a costume yourself, and take the time to enjoy the scenery and everyone else's costumes. You might even get some candy of your own.
Deck the yard
And the halls, and yourself. If you choose to stay at home on Halloween night, why not make it fun for everyone who comes to visit you? Decorate your yard, entranceway, and yourself and get ready to enjoy the trick-or-treaters that come to call.
Costume parties
If you enjoy costumes, why not attend a costume party or host your own? This can be a great way for adults to have a more mature Halloween celebration, or just a fun way to allow the kids to enjoy their costumes for a little longer.
Haunted Houses
If you really want to get creeped out on Halloween, consider taking a tour through your local haunted houses. Most are designed to be gory and scary, so keep that in mind if there are little ones in your group. These attractions are usually quite popular, and are often open the entire month of October, so if you don't want to wait in line consider visiting them earlier in the month.
Boo at the zoo
If there is a zoo in your city, it might be worth checking to see if yours offers any special events in the month of October. Usually taking place on the weekends, Boo at the zoo usually allows your kids to dress up in costumes, receive treats, visit their favorite animals, and participate in fun activities.
Movie night
For movie buffs, some theaters will set up all-night horror film festivals. They often feature select cult classics like the Rocky Horror Picture Show, as well as others. This can be great entertainment for those who plan on staying up all night. Alternatively, if you want to stay home, consider having your own movie night at home with your personal Halloween favorites.
Haunted hayrides
For another traditional Halloween activity, consider taking a haunted hayride. Often hosted by local farms (quite possibly the one you pick your pumpkin from) these after dark activities include a spooky hayride, bonfire, and snacks and are usually appropriate for all age groups.
Research your ghostly neighbors
Nearly every town has an area or building that is “haunted” by some local ghost. Visit your local library or historical center to find out where these places are, and take your own local tour. In some areas, paranormal investigation teams will take tours out on Halloween to do some ghost hunting of your own.
Read a book
If curling up at home alone with the leftover candy is more your speed, consider reading a suspense/horror book. Your local library can surely recommend some good ones depending on your tastes.
Halloween always offers plenty to do if you take time to do it.