Philippine Peso Dollar Exchange Rate

Forecasting what the Philippine Peso Dollar Exchange Rate would be is not as simple it may look. There are a lot of variables to look out for, the economy, government, news and environmental factors contribute to what the Philippine Peso Dollar Exchange Rate would be for the day. It is govern by supply and demand. When one is in this field of buying or selling dollars, be an importer, exporter, traveller or a currency changer, they will do have a hunch on what the Philippine Peso Dollar Exchange Rate be.

The trend most of the time for the Philippine Peso Dollar Exchange Rate to go down is during June and December. Most Oversea Workers send a lot of remittances to the Philippines during June for enrollment and specially on December, Christmas holidays. A slight increase in the Philippine Peso Dollar Exchange Rate on the months of January and September where importers pays out goods purchased.

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Decades ago, the Banko Central ng Pilipinas controlled the Philippine Peso Dollar Exchange Rate to a fix twenty six pesos P26 to a dollar. Today, the Philippine Peso Dollar Exchange Rate is governed by the supply and Demand of it. Since 2004, Peso has been gaining and appreciating from the dollar. From a high of Fifty six pesos P56 on the year 2004, it has come around to Forty four P44 now, October 2007. The Philippine Peso Dollar Exchange Rate has not really been going down each day, there are also times when bad government news affected a slight increase on the Philippine Peso. But because of good economic performance Peso has been gaining stronger.

Philippine Peso Dollar Exchange Rate

The Philippine Peso Dollar Exchange Rate has also been strengthening because of the poor economic update on the United States. United States has been in economic crisis which has also have a strong effect on the Philippine Peso Dollar Exchange Rate.

Economist has predicted for Peso to strengthen up to Forty Pesos P40 this coming Christmas holiday where Remittances would be fast coming in the Philippines. Oversea Workers mostly send remittance during this season. But the Oversea Workers and Exporters has been complaining of the sudden downfall of the Philippine Peso Dollar Exchange Rate. Oversea workers should be remitting more to cope up with the exchange rate, thus working more hours or having lesser savings. Exporters have also been complaining on the low exchange rate, their dollar earned when converted is much lesser now a days. There are a lot of exporters who have closed down due to their crisis right now. On the contrary, there are a lot of happy importers, and dollar spenders. They can buy goods much cheaper with the Philippine Peso Exchange Rate going down.

It may not be easy on how to predict what Philippine Peso Exchange Rate would be, but hope it has given you a few insights and tips on it.

Philippine Peso Dollar Exchange Rate

http://www.remittance-philippines.blogspot.com

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Is Day Trading Stock Options A Bad Strategy

Most people will tell you that day trading stock options is extremely risky and shouldn't be attempted by new traders. And they are right, to an extent. Trading options can be risky even for professional traders with 20 years experience.

However, trading stock options can be a great way to leverage your investment. For a small fee, with a defined risk, you can control a large amount of stock. The primary thing to remember, options are a wasting asset. When expiration Friday arrives, the option expires. If the option is in the money, you can either use it purchase the stock or redeem the option for the premium value. If the option expires out of the money, you have lost your investment.

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Most people try to guess which direction the market is going to move, will it go up or will it go down. If they guess wrong, they lose money. More people trade with call options instead of put options, because they understand going long on the market but do not understand going short.

Is Day Trading Stock Options A Bad Strategy

The vast majority of traders do not utilize trading strategies such as straddles or strangles, much less condors or butterflies. As a result, they are taking on a lot more risk, with less chance of making a profit.

If the beginning trader would take the time to learn some of the various trading strategies, they would greatly decrease their risk and improve the odds of having winning trades tremendously.

Learning the complex option trading strategies is not that hard. First you learn about the simple puts and calls options. When you understand the basic building blocks, you move on to combining the various strike prices and expiration dates. Even the most complex stock option trading strategy is made up of simple puts and calls.

These strategies will reduce the risk to a much lower level. The down side to these trades is you lower the return on the trade. But if the trade goes bad, the strategy will minimize your loss. If you still have money, you can still keep trading. If you lose all of your capital, you are out of the game.

So the people that say day trading stock options is risky are correct. But if you take these simple steps, then you can lower the risk, and still maintain the leverage that trading options will provide.

Is Day Trading Stock Options A Bad Strategy

John Marston is a self taught trader who has traded online for over 15 years from his home in California. You can also go to his website at http://www.Trade-The-Stockmarket.com which has a wealth of information about various trading strategies.

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