4 Aces Lounge

Online Casino, Poker, Sports Betting, Binary Options and Forex Trading

Here at 4 Aces Lounge we provide information to our visitors that focuses on various online gambling activities that take place online. This includes online casino, poker, sports betting, binary options and forex trading. Our site has been designed as a blog where we plan on adding new content to the site on a regular basis. There's a lot of information about these industries to digest, we simply plan on providing various opinions, advice and direction to our visitors.

Recent Blog Posts

Forex Day Trading Mistakes

Added On: January 30, 2015 | Category: Forex Trading

Experienced trades who have an understanding of the forex market may engage in day trading so they can increase profits and conduct more trades in a shorter amount of time. With day trading some different techniques and strategies must be used for the trades to be successful. Unfortunately, many traders, regardless of their level of experience, will make the same common mistakes. These mistakes are often the result of the trader trying to increase returns but they end up resulting in low returns.

One mistake that is made is averaging down. Averaging down may work with long term trades and may even be successful with some day trades, but inevitably, it will lead to a very large loss. This is because a trend will often sustain just long enough so that a trader can stay liquid. With day trading, there is a short time frame, so traders must be able to capitalise on opportunities as they occur.

Trading right after a news release is another mistake that is commonly made by day traders. They see that a new headline is released and the market begins to move. This makes day trades think that they can easily make money with the movement of the market, but without a solid trading plan in place, the losses can be devastating. News will often cause a unique action because there is a lack of liquidity and many turns in the market. Even a trade that is currently in the money can quickly turn and result in huge losses. The best thing to do is wait for the volatility to subside a bit before conducting a day trade following any news headline.

Unfortunately, day traders thing that an excessive risk will result in excessive returns, but this is seldom the case. New traders should follow a common rule. They should never risk any more than 1% of capital on single trades. In fact, those that are very successful will often risk less than this amount. With day trading, it is important to use money management strategies properly. Traders need to make sure that a single trade or a single day will not hurt their account. They need to avoid excessive risk and make moderate investments to be successful with day trading.


Info on Spread Betting

Added On: January 16, 2015 | Category: Sports Betting

With so many people betting on sports online, it is important to understand that there are different types of bets that can be placed. One form of sports betting that has become very popular is spread betting. With this type of bet, bettors will try to predict the outcome of a match and the bet will involve a payout that is based on how accurate bettors were with their predictions of a final score. Spread betting can appear difficult and complex at first, but it is pretty simple and can offer amazing profits.

The great thing about spread betting is that there are no fixed odds. Spread bets never limit the gains or losses that can be incurred. While there are endless possibilities with spread betting, it has been stated that only one in five spread bets will end in a profit. To ensure bettors are one of these five, they should understand the market they have chosen to bet in. Spread betting is not just limited to sports. Should a bettor get bored with baseball and football bets, they can actually bet on the current and future gas prices, election margins and results and much more.

Most sportsbooks will offer a prediction for each and every market that is covered. It is up to the bettor to determine if the final outcome of the event will be lower, more, faster or slower. Spread betting is very similar to trading binary options online and it has become one of the best ways for any sports bettor to have a chance to make huge profits since there are no limits on the amount that can be won or lost.

While spread betting can be very lucrative, it can also result in huge losses and there are many risks involved. It is important to think before betting and gather as much information as possible that could help with the correct bet. As bettors become more experienced, they will have more success with spread betting and there are a number of betting strategies that can be employed. Spread betting adds a great level of excitement to online sports betting and with no fixed odds, the profits can be limitless. However, always consider risks and losses and never bet more than can be lost.


Using the Martingale System

Added On: January 2, 2015 | Category: Online Casino

Many gamblers who play online are always looking for proven systems that can help them win more on the games they are enjoying. One popular betting system that is used by many is the Martingale System. This is an easy to use system and involved doubling the amount of a bet until a win is enjoyed. For example, if players are playing blackjack and start with a $5 bet and lose the hand, their next bet will be for $10. If this is also lost, the following bet will be for $20 and so on until they win a hand. With this system, it is essential to have a large enough bankroll to support the doubling of bets. When a win is enjoyed, the amount won will cover the lost previous bets while offering small profit.

This betting system does have drawbacks. For example, the table players have chosen may have a low betting limit that can easily be exceeded when doubling multiple bets. The system will also quickly deplete a bankroll if a win is not achieved in a short period of time. With this in mind, players should start at the lowest table minimum possible to allow room to double the bets and still maintain a casino budget.

This system of betting is most effective when playing games that have a low house edge. The best games to play include blackjack, baccarat and Pai Gow Poker. Even bets on the roulette table can also be placed using this system without much risk. The reason players should choose low house edge games is because this betting system takes advantage of short variance. Players may lose a few hands in a row and follow that with multiple wins in a row.


How Much Can I make with Forex?

Added On: December 26, 2014 | Category: Forex Trading

One of the main questions investors will ask when they are considering trading forex is how much money they can make with trades online. Becoming a successful and profitable trader will depend on many different factors and only time and experience will provide an answer to this question. It is possible to make a ton of money and enjoy great wealth by trading forex, but this will never happen overnight. While forex trading may appear simple and easy, it does take skills and lots of knowledge to be successful. Some may believe that they can make a boatload of money in a short amount of time, which is possible, but it is best to have realistic expectations going in. There are great risks associated with forex and many new trades will suffer more losses than gains.

Those that are just starting will often believe that traders are always enjoy returns of between 80% and 100%. The truth is that not even the best traders in the world are enjoying these returns on a constant basis. In fact, most only have a profit of about 50% per year.

By developing and using a trading plan, one can manage their money and become profitable while trading. It is best to set low goals that are actually attainable when starting, such as a 5% return each month. This will result in a 50% return annually, which is what the successful traders are enjoying.

The real money in the forex market is made by making at least 10 pips each and every week. By doing this and scaling positions, it is possible to be quite successful and actually make a living trading forex online. However, not every trader will get off to a good start and it is essential to learn the tools of the trade and gather as much knowledge as possible. It also starts with choosing the best possible broker.

The goal is to grab a decent amount of pips each week when trading so that the monthly return is around 5% or better. Forex trading can result in some massive gains, but there are also losses to consider. Anyone that thinks they can walk right in and be instantly successful will soon see that major loss can occur and will have to reassess their goals in a realistic manner.


Choosing Casino Software

Added On: December 5, 2014 | Category: Online Casino

One of the main things that all players need to consider when they are selecting an online casino is the software that is being used to power the site. This one thing can affect an entire gambling experience, so new players should definitely take the time to review different providers to see where they differ and excel. Each online casino will be powered by a software provider or will offer proprietary games, which are developed by the casino itself. No matter which is chosen, players need to be sure they will have simple and safe access to the games they enjoy and will have a trusted way to conducting transactions.

Casino software is available in two formats. There is a complete software download, where the software is installed to the computer, allowing a massive number of games to be played. There is also the flash, or instant play version. With this, no download is required and all games are accessed through the web browser. No download casinos often offer fewer games, but this is the only option for Mac players since there are issues with software compatibility. Most online casino software providers will have both versions available, but some specialise in one or the other. For example, NetEnt, a top rated company known for amazing slot games, only offers flash based games.

The software will also play a role in the smoothness of game play and the variety of games offered. Not every provider will have the same games available, but they will all have the casino classics. This means that no matter which provider is selected, players should have a great array of slots, video poker, table ad card games and specialty games available. Some providers will focus on certain games more than others. The majority of games that will be found will be slot machines, but certain providers will have focus on table games and variations, such as Microgaming, which offers numerous forms of blackjack, poker and video poker games.

When selecting an online casino, ensure that the software is trusted and reliable. There are some major names in the industry and new players will benefit from starting at sites that use these. They include Microgaming, RTG, IGT, Playtech, Betsoft and NetEnt. While there are many others, these providers have the best selections and the best reputations in the industry.


More Blog Posts