A Foreign Exchange trade occurs when a party buys a particular currency from someone by exchanging it for another. For example, a trader can buy Japanese Yens (JPY) with his or her US Dollars (USD). The Foreign Exchange market, also known as Forex, is the world’s largest financial market, with a volume of about $2 trillion a day. In comparison, the NYSE only moves about $25 billion per day.

Unlike other financial markets, the foreign exchange market does not have a physical location or a central exchange. We say it is decentralized. It operates 24 hours a day, 5 days a week (3:00 PM PST on Sunday until 1:00 PM on Friday PST) through an electronic network of banks. For that reason is it considered to be an Over The Counter (OTC) market.

Forex prices are essentially influenced by (a) interest-rate differentials between currencies (including expectations of future rates) and (b) the balance of payments between countries. The balance of payments comprises the trade balance (payments for goods and services), the current account (the former + profits, interest and dividend repatriation) and the financial or capital account. In today’s forex market, significant changes in the financial account resulting from financial crises can have a tremendous impact on exchange rates (e.g. unwinding of yen carry trades).

Some FX markets can be influenced by Central Bank action (or inaction) - a sterilisation operation or other open market operation to devalue or revalue a currency or maintain / abandon a peg can have tremendous impact on exchange rates. In developed country economies, Central Bank influence on the FX markets is limited to deciding the official policy rate - this has a significant bearing on the exchange rates of big economy currencies (e.g. USD, GBP, EUR). Hence, any data that has an influence on the policy rate decision must be watched carefully (e.g. data on GDP, inflation, retail sales, housing market etc).

 To Your Success

 Ryan

To be financially free means that you have enough money so that you don’t worry about it continually, as most people do. In my opinion these are the five essential  steps to achieve financial freedom.

1. Desire:This is the most important factor in obtaining anything great in life. Yes financial freedom is a great thing that most people do not have. Most people are really just over broke & settle for that kind of life only because they don’t want to go out of their way to achieve financial freedom.Desire is what will be your guide through the next 4 steps. If your desire is strong enough then you will achieve it. You are going to have to take the road less traveled & desire is the only thing that will guide you along.

How bad do you really want change? Anyone who has achieved anything out of the ordinary had a burning desire. For you to achieve your goal you will need a white flame burning desire burning inside you at all times. It has to be so strong that nothing can put it out.

2. How much you want – your income goal:First of all before you even start looking for financial freedom you should determine exactly what does that mean to you.For some people financial freedom may mean:

• An extra $1,000 per month

• An extra $10,000 per month

• $100,000 per year • $1,000,000 per year

 It doesn’t matter how low or how high your version of financial freedom is. What is important is finding out what that figure means to you & then writing it down.Now you have an income goal. The main reason that many people struggle through life is because they didn’t know what they really wanted.

Many people start businesses with “the sky’s the limit’ approach but never seem to reach it. Have you ever tried to touch the sky? When people say that the sky is the limit they have absolutely no idea how much money they want to make. If you don’t know what you want then how do you suppose that you are going to get it? When someone doesn’t know what they want they tend to live with life just happening to them & settling for what they get.

3. Seek Wisdom:All super achievers seek wisdom. It doesn’t matter how successful they are because they no how important it is to constantly build your mind. Find books to read about building wealth. Find seminars to help build your mind set. They don’t teach this kind of thing in the school & that is why so many people find themselves just over broke.Did you know that only 5 percent of the population makes 97 percent of the money in the world? That is not an accident. They know something that the masses don’t know. They know how powerful the mind truly is & how much constant effort that it takes to maintain it.

Your mind is like a beautiful garden. If you don’t water & nurture it daily, then it will not bloom. Most people do not spend very much time at all on building their minds with books & other ways to find wisdom.When the student is ready the teacher will appear.

4. Belief:This is the main thing many struggle with. They just don’t believe that anything great can truly happen to them so they live their lives accordingly. Many believe in luck & that they don’t have enough of it. They think that only the lucky people achieve anything out of the ordinary.The super achievers don’t belief in luck. They know that the only way to achieve is through belief. If you don’t truly believe that can get what you want then you won’t. The only way that you can get what you want without enough belief is if your desire is strong enough. If your desire is strong enough then it will guide you to believe.

5. Your mind set:When you are seeking something you should keep an open mind. Once a desire has been launched your subconscious mind will start opening doors where only walls existed. You will be given signs of how your desire will come to exist. It may be a something that you receive in the mail, a newspaper, a discarded piece of paper lying on your lawn or even an old friend giving you a call. Most people overlook these signs because they are too preoccupied with so many thoughts that they are constantly bombarded with all day long.

Find time to be still & quiet your mind. Everyday find a quiet place where you can sit & just be quiet. Don’t fix your hair, rearrange furniture or even pictures frames. Just sit or lie in a comfortable position & quiet your mind. It will be hard at first with all the chatter going on in your head. As thoughts come, acknowledge them & say to yourself that you will think about it later then release them. Once your mind is quiet your subconscious mind can go to work by bringing opportunities that match your desire.If you can’t find a quiet place at home then find one outside your home like a local park. It is very important to practice this stillness on a regular basis no matter how busy you feel that your life is right now. If you are serious about true financial freedom then a peaceful mind is what will get you there.Here are some examples of Residual of Passive Income:

 • Real Estate & Property

• Forex & CFD (Investing)

• Stocks & Bonds (Investing)

• Home Based Business & Internet Marketing  (Immediate Cash Flow & Residual Income)

When you decide exactly what you want your financial picture to look like and you have the right vehicle / instrument coupled with right belief and mindset. You can materialize your financial freedom.  

To Your financial success Ryan Yan

The way to financial freedom is not a easy route, an effective, well-oiled financial success system is something most people would dream of in their entire life. Like a cash cow, it would keep them rich for many years to come. Yet, how many of us can truly understand that the source of developing such a system lies within ourselves?

Financial Freedom has many meanings to it, its all about how you look at it, because financial freedom isn’t just about the cars, houses , bank accounts its also being free within yourself and having choices in life.The fact is that the key to developing a financial success system lies within our mind, or more specifically, the subconscious mind. If you ever wanted to strike it rich, using the power of your mind to develop a financial success system would be something that would come useful to you in the long run.

For starters, it is important to develop a positive attitude towards the concepts of money and wealth. Many people tend to view money and material wealth on negative terms. After all, how many times have you heard parents preaching the aged old saying “money is the root of all evil” to their young ones? However, to have such an attitude would imbue your subconscious with negative affirmations that money is indeed evil.

Granted that the subconscious mind can influence the conscious mind, which in turn determines our actions, holding such an unfavorable view of money would result in it never coming to us. We die poor. As such, we should adopt a more positive approach towards money, recognizing that it is only with money that we are able to fund various creations that are ultimately beneficial to us. Doing so would allow our subconscious to act in the reverse manner of what we mentioned earlier. Our subconscious mind would condition our conscious mind, and thus, our actions to attract money. We enjoy abundance in this result through the use of our mind’s power.

In addition, it is also important to have clear targets on your financial goals. Such goals should be clear, precise and down to the very detail. Precise goals provide your subconscious with greater focus, preventing you from being distracted by any obstacles that may happen to come between you and your financial goals. This is important as your subconscious mind needs the necessary positive affirmations and undivided attention from you in order for it to work its magic on your conscious mind and the actions you take.Finally, it would be a good idea to be surrounded by positive-minded people who have the same goals in you. Without the ability to discern, the subconscious mind is very vulnerable to negative affirmations which might be spread to you by people who are constantly living with negative affirmations in their minds.  

The key to an effective financial success system lies within the power of your mind. Ability to influence your subconscious mind in positive ways through positive attitudes, goals and people will ultimately allow you to realize your all financial goals in life.

To Your Success

Ryan Yan  

Mike Litmam has made a career out of encouraging people to “Just Get Going”. He says too many people are waiting until everything is just perfect before launching their dream project. Announce your new product, knowing that you will have to work through the night if someone orders it. Risky strategy, well you’d be surprised how many millionaires started this way with a bluff (eg Bill Gates).

Today is my birthday; I make a few wishes to myself. One of my wish is wishing all my friends are healthy, wealthy and success in life. I would like to dedicate this song “That’s what friends are for” to all of you. Thank you for your support and I love you.

And I, never thought I’d feel this way
And as far as I’m concerned
I’m glad I got the chance to say
That I do believe I love you

And if, I should ever go away
Well then close your eyes and try
To feel the way we do today
And then if you can remember

Keep smiling, keep shining
Knowing you can always count on me, for sure
That’s what friends are for
For/In good times and/in bad times
I’ll be on your side forever more
That’s what friends are for

Well you came and opened me
And now there’s so much more I see
And so by the way I thank you

And then, for the times when we’re apart
Well then close your eyes and know
These words are coming from my hearts
And then if you can remember

Keep smiling, keep shining
Knowing you can always count on me, for sure
That’s what friends are for
For/In good times and/in bad times
I’ll be on your side forever more
That’s what friends are for

To Your Success

Ryan

Tip 1 : You have to take 100 percent responsibility for your life, no blaming anyone else.

Tip 2: You have to transform yourself so that you make every second count, and become highly efficient at everything you undetake.

Tip 3: You need to find a bunisness about which you are passionate.

Tip 4: Gap analysis, find out which area you need to improve and work on it.

Tip 5: Don’t quit, you have to get going.

 To your success

 Ryan

I seem to lost count on how many times I’ve read and heard of celebrity marriages failing almost left and right. Not that I care (and personally I don’t), it seems strange that we often see movie and TV stars as flawless people, living the fairytale life of riches and glamour. I suppose we all have to stop sticking our heads in the clouds and face reality.

There are many ways to lose your sense of self-esteem despite of how trivial it could get. But whatever happens, we should all try not to lose our own sense of self. So what does it take to be a cut above the rest? Here are 7 tips you can think and improve on that should be enough for a week. This is important, as this will also impact on your year 2008.

1. Know your purpose

Are you wandering through life with little direction - hoping that you’ll find happiness, health and prosperity? Identify your life purpose or mission statement and you will have your own unique compass that will lead you to your truth north every time.
This may seem tricky at first when you see yourself to be in a tight or even dead end. But there’s always that little loophole to turn things around and you can make a big difference to yourself.

2. Know your needs

Unmet needs can keep you from living authentically. Take care of yourself. Do you have a need to be acknowledged, to be right, to be in control, to be loved? There are so many people who lived their lives without realizing their dreams and most of them end up being stressed or even depressed for that matter. List your top four needs and get them met before it’s too late!

3. Know your passions

You know who you are and what you truly enjoy in life. Obstacles like doubt and lack of enthusiasm will only hinder you, but will not derail your chance to become the person you ought to be. Express yourself and honor the people who has inspired you to become the very person you wanted to be.

4. Know your values

What do you value most? Make a list of your top 5 values. Some examples are security, freedom, family, spiritual development, learning. As you set your goals for 2009 - check your goals against your values. If the goal doesn’t align with any of your top five values - you may want to reconsider it or revise it.
The number shouldn’t discourage you, instead it should motivate you to do more than you can ever dreamed of.

5. Honor your strengths

What are your positive traits? What special talents do you have? List three - if you get stuck, ask those closest to you to help identify these. Are you imaginative, witty, good with your hands? Find ways to express your authentic self through your strengths. You can increase your self-confidence when you can share what you know to others.

6. Live from the inside out

Increase your awareness of your inner wisdom by regularly reflecting in silence. Commune with nature. Breathe deeply to quiet your distracted mind. For most of us city slickers it’s hard to even find the peace and quiet we want even in our own home. In my case I often just sit in a dimly lit room and play some classical music. There’s sound, yes, but music does soothe the savage beast.

7. Serve others

When you live authentically, you may find that you develop an interconnected sense of being. When you are true to who you are, living your purpose and giving of your talents to the world around you, you give back in service what you came to share with others -your spirit - your essence. The rewards for sharing your gift with those close to you is indeed rewarding, much more if it were to be the eyes of a stranger who can appreciate what you have done to them.

Self-improvement is indeed one type of work that is worth it. It shouldn’t always be within the confines of an office building, or maybe in the four corners of your own room. The difference lies within ourselves and how much we want to change for the better.

To your success…
Ryan Yan

Everyone knows that setting goals will help you achieve more and adds excitement and meaning to life. But setting goal is only the beginning. We often fail to following through, and our goals turn into unfulfilled daydreams. To eliminate that pitfall, here is a step by step, seven steps approach that will help you turn your goals into realities.

1. Decide what you want to achieve. Determine exactly what you want. Be specific. Be sure your goal is measurable, so you can tell when you are making progress. Pick a target date for achieving it. Be sure it is realistically achievable.

2. Ask yourself why it is important for you to achieve this goal. How you will benefit from reaching these goals? Knowing why you want something raises your level of motivation. The higher your motivation level, the more likely you are to act on your own goal. In addition, highly motivated people are more likely to make any sacrifice necessary to reach their goal.

3. Consider what obstacles, problems, or personal shortcomings might block your progress. List every one you can think of. Some obstacles will be real, others may be only imaginary. You must conquer both.

4. Examine the obstacle one at a time, and think about how you might solve each problem. Ask others to help you brainstorm for solutions.

5. List the people who could help you achieve your goal. Decide specifically what you will ask them to do.

6. Consider what information you need that you don’t have now. Where will you get it? What could you read? Who would you talk to? What seminar could you attend?

7. Write out a detailed action plan for achieving your goal. What are the priorities involved? Which tasks must be done first? When will different actions take place?

Setting goal is a good step, but it is only the beginning. It takes all seven steps to make sure you actually following through, and by so doing achieve your goal.

To Your Success.

Ryan Yan

Goal is very important if we want to be successful in life. If you want were planning to drive somewhere you would never been before, wouldn’t you consult a road map?

Life is also the same way. You can wander along never knowing for sure where you are going, or you can set goals and develop plans. Goals and plans are like road maps. They guarantee you a smooth trip, but they will tell you the right direction in which to travel. Without them, life is like getting lost in a freeway interchange. You can go around in circle for a long time with out getting anywhere.

Some people hesitate to get goals. One rationale I have heard lately is that that it’s better to have no goals and be pleasantly surprised when good things happen, than to set goals and be discouraged when you fail to reach them. That’s an interesting, but dangerous approach.

It’s idealistic to assume that good things will automatically happen. It’s fatalistic to assume that one will; fail to reach a goal. Those who set goals achieve them far more often than they fail. They also have more good things happening in their lives.

When you’re out for a Sunday drive with no destination in mind, you may not need a road map – unless, of course, you become lost and can’t find your way home. While Sunday driving may be a relaxing way to spend the afternoon, it’s a poor way to spend your life.

Remember, a road map to Miami I no guarantee of a vacation in the sun, but it will tell you which way to drive

 To you Success Ryan Yan

I found a great video on you tube and would like to share with you.

On this video, Tony Robbins talks about how to unlock your true potential — and high-fives Al Gore in the front row! A fast-paced, mind-expanding, motivating TEDTalk for high achievers and those who wish to be.

 Enjoy and give me your comment

To Your Success

Ryan