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Master Lock 175D Resettable Set-Your-Own Combination Lock, Die-Cast, with 1-inch Shackle, 24-Pack

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Master Lock 175D Resettable Set-Your-Own Combination Lock, Die-Cast, with 1-inch Shackle, 24-Pack

The Master Lock no. 175D set your own combination padlock features a 2 inch (51mm) wide solid body for strength and reliability. The 5/16 inch (8mm) diameter shackle is 1 inch (25mm) long and made of hardened steel, offering extra resistance to cutting and sawing. The 4-digit dialing allows for thousands of possible numeric combinations. The limited lifetime warranty provides peace of mind from a brand you can trust.
  • Easy to set and reset - numeric combination
  • 2 inch (51mm) wide solid body
  • Hardened steel shackle for extra cut resistance
  • 4-Digit set your own combination convenience allows for thousands of possible combinations
  • Combination change key included

List Price : $ 349.95

Price : $ 349.94

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You may ask yourself if you should consider a forex managed account while learning to trade. There are benefits even in learning to trade by keeping a close eye on your forex managed account. Ask yourself why did the master trader get into this trade? Where is he expecting to get out with profit? How much is he willing to risk?

Other people either don’t have the time or aptitude to trade for themselves so they would also consider a forex managed account. It is difficult not to keep an eye on your forex managed account at first. In time, however, it should be viewed only on occasion so you don’t get too emotional with every pip made or lost.

Emotion is one thing that can work against us when we learn to trade. So if you can’t learn to control your emotions while trading then consider a forex managed account

Why you might consider looking into Forex Managed Accounts

Trading can be fun and interesting, but it is also time consuming. Also, if you have a tough time controlling your emotions, then you may not make enough good rational trading decisions. Self trading is not for everyone. If you fall into this category then think about forex managed accounts. But choose wisely when deciding who is good at managing your accounts. Past performance is not necessarily indicative of future results, and that makes the process even harder. An experienced Forex trader will also have draw downs trading forex managed accounts on occasion. So for the investor who puts his accounts into a trading program, remember to check your results on a monthly basis. It will drive you crazy if you only intend to be an investor and then watch it like a hawk. Leave that for the one who wants to learn the business.

What should you expect from forex managed accounts? If you are looking to get rich quick with the wild moves of forex then you will be in for a disappointment. Look for somewhat consistent returns like 3 to 5% or even a little more. But again, be aware that loses can and do occur. Another main point when considering forex managed accounts is the size of the initial investment. The larger the starting funds the more flexible a forex managed accounts manager can be. You see, there are short trades when the manager is in and out of the market quick. But there are also some long trades that can last days to months and these can tie up some capital. So a small account would only be involved in one type of trade. As an investment tool it makes sense to have some long term trades going especially trades that rake in positive swap or interest swaps are done everyday at 5pm est and are also called rollovers, depending on the currency pair you are trading if you hold that trade through 5pm est and depending on the interest rate differential between the pairs you may get positive interest which is a credit added to your account or negative interest which is debited to your account. Naturally it is advantageous to get positive interest and those rates vary from broker to broker and can normally be found on the broker platform

Another thing to consider with forex managed accounts is accessibility to your funds. With many forex managed accounts, you have to lock in for 3 to 7 years. In other words you would not be able to withdraw or gain access to your money should you need it until your contract is mature. Other forex managed accounts only ask that you not withdraw until the end of the month or quarter. So be sure to ask the right questions about forex managed accounts if you decide that is the path you would like to take. In the face of stocks these days, it is an option worth exploring.

What is Managed Forex Trading?

Foreign exchange trading is traded in the over the counter interbank market and is not traded on recognized exchanges, therefore it is treated as off-exchange retail trading of currency pairs. Clients trading do not participate directly in the interbank market but deal through registered Forex Dealer Members (FDM) or Forex Commission Merchants (FCM) and not directly in the interbank market, The registered FDM or FCM may or may not be the counterparty to your trades depending if they have STP (Straight Through Processing) with a bank or liquidity provider or not.

Here are some basics on managed forex trading

Forex refers to the Foreign Currency Exchange Market in which more than 7,000 international banks and thousands of small and large speculators participate. Foreign Exchange Trading, Forex, is the off exchange trading of retail foreign currency contracts not necessarily with a bank but most times through a registered Forex Dealer Member. The managed Forex trading market is by far the largest market in the world. This exciting and rapidly growing financial market provides the entrepreneur an opportunity to trade in a short period of time; however you should be aware of the risks associated with managed forex trading.

Prior to the recent international growth of managed forex trading, the industry was limited to master traders who positioned themselves with million dollar accounts and were connected direct to the inter-bank currency exchange. Today, the exchange of currency has expanded from master traders, banks and now includes home computers. The simplest definition of the Foreign Exchange is the exchange of one currency for another and unlike the traditional exchange of the stock market, one may trade whether buying or selling within the Currency Exchange. Banks are offered a buy or sell twenty-four hours a day from the inter-bank currency exchange float. As a result, with proper broker relationships and trader agreements through margin establishment, leveraged accounts are established and individual traders are allowed to enter the market with home-based computers with the same leveraged guarantees that worldwide banks have enjoyed over the years.

This padlock is often difficult and time consuming to open conventionally, by lock picking. Here I show you how to open them in under 1 minute.

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