Succeed with No Stop Forex Trading
by Mary McArthur
Hedged, No Stop, Forex Grid system trading ("the No Stop system") is one of the most misunderstood techniques in forex trading. I am going to describe the No Stop system as best I can in the limited space available. There is a series of 7 other articles describing the elements below in greater detail.
There are many hedged systems around and the No Stop system below is one that is being traded profitably. The No Stop system is an investment technique which creates favourable dollar cost averaging on all transactions entered into. For this reason the technique is too much of a paradigm shift for most conventional traders who like charts, support and resistance and indicators.
It is strictly speaking, it is not a trading technique. It has however become very popular as a trading technique because of the short term gains that can be made. The No Stop system trades without stops. No stop loss orders are used at all except for when a group of transactions have a positive result and we want to liquidate the entire group of transactions at a net gain. Because the No Stop system cashes in its transactions regularly it becomes a trend following No Stop system too. There is no need for charts when using this No Stop system as we use predetermined price levels to cash in transactions positively (The No Stop system loves price spikes).
Transactions can or should be slow at a rate of about 3 to 4 a week. As price levels are determined well in advance orders can be placed well in advance so the No Stop system takes very little supervision. The technique is highly systematic and can easy be converted into an automatic trading system or expert advisor very easily.
The No Stop system is always in a sell and a buy at the same time and therefore can cash in on any move the market makes. Being in a sell and a buy at the same time also created a hedge. Predetermined cash in levels create a grid of price levels there positive transactions will be cashed in continuously until the group of transactions are profitable.
In simple terms you will enter the market at a particular level with an active bay and a sell. You would have predetermined levels at which you would cash in positive transactions. For instance one could decide to cash in on every 100pip (grid gap) move made in the market. When the price moves 100 pips you would cash in your positive transaction and then enter into another buy and sell transaction at that point. This process will continue until the total for the group of transaction is positive and then you would liquidate. You would then start again - as simple as that. No need for charts. Patience is the biggest virtue required.
Money is made when the price revisits some of the cash in levels over and over and over again (which it does).
In the above example should the price return to the starting level (after moving 100 pips) the group of 4 transactions in total will be positive and you would then cash in the unwanted transactions, bank your profits and start again. The big danger of this No Stop system is strong trends with no or very few retracements. You will lose money in trends. There are however specific techniques to manage and contain these losses.
The biggest one is to start with a big grid gap. What is a trend on a 5 minute chart could be a small spike on a daily or weekly chart. Grid gaps of between 150 pips and 300 pips have been found to work well.
One could also vary the grid sizes relative to the trend to reduce the number of unhedged transaction. For example have grid gaps of 100, 200, 300 etc.
The other way is to vary the number of lots used when entering into the buy and sell transactions at a particular cash in point to ensure balanced hedging. Trends tend to scare people away from this technique but if one views this as an investment technique and not a trading technique the trends could have a reduced impact on the annual return on investment. The market only trends 20% of the time any way. Talking about return on investment some current trading groups are showing returns of between 200% p.a. and 1000% p.a. on current investment levels. There are many trading records are available to back this up. The longer you trade this No Stop system the lower your risk and the better your return. That said, you can lose more than just your boots (your whole trading account) if you treat this No Stop system with disrespect.
Success factors for this No Stop system are: - Selecting appropriate grid sizes, currency pairs, lot sizes, cash in times and an investment mentality. All very easy, if you have done it for a few years.
This No Stop system is not for everybody however, and is not the best Forex system since sliced bread, but is does very nicely for some traders, thank you very much. It is important to know about this system as using its principles could help your conventional trading. For freely available information on this No Stop system search the net for "no stop forex trading"
วันพุธที่ 30 เมษายน พ.ศ. 2551
วันจันทร์ที่ 28 เมษายน พ.ศ. 2551
Forex Technical Analysis - Why it Works and How You Can Make Bigger Profits
Forex Technical Analysis - Why it Works and How You Can Make Bigger Profits
by Monica Hendrix
Many traders don't understand how and why forex technical analysis works and base there trading systems on wrong assumptions and lose. Here we will show the advantages of forex charts and how you can make big profits from them.
1. The Equation for Market Movement
The equation is simple
Market Fundamentals + Human perception of = Price.
Its humans that decide the price of anything and that includes currency prices.
As human nature is constant this is reflected in chart patterns which repeat and repeat again. The fundamental news is not important by itself, its how it is perceived that determines the course of events.
Forex technical analysis simply assumes all the fundamentals will quickly show up in price action and more importantly, the forex charts will tell you how all the traders have perceived them.
You are viewing the truth on a forex chart no guessing or predicting is needed, you are seeing the reality of the market price.
2. Forex Trend Following
Forex prices move in trends up or down and as the currency markets reflect the health of the economy they represent, these trends can last for weeks, months or even years.
A forex chartist doesn't care how or why prices are moving, they simply want to lock into these trends and make money from them.
3. A Game of Odds Not Certainties
Many people think prices move to some mysterious scientific theory - but they don't and there is no way of predicting where prices will go. If of course there were a scientific theory of forex market movement, we would all know the price in advance and there would be no market!
When you trade forex you are simply trading the odds - but don't let that put you off, you can make a lot of money. You're like a good poker player who passes hands by, folds losing ones and hits the big paying high odds hands.
Your trade is your hand and you should be patient, to wait for the right opportunities and not be afraid to fold or pass a trade by, until you get the right opportunity.
4. Best Time Frames
The best time frames are the big trends which last for weeks and months and the overbought / oversold areas within the trend which, last for few days to a week.
Never day trade! This is huge mistake made by many traders. All short term volatility is random and you will never win so don't try it.
You can however swing trade or long term trend follow, it's a matter of choice which method you choose - both work.
5. Choosing Your Indicators
Start by using support and resistance lines and learn a breakout methodology, its timeless and it works and is covered in our other articles. Then, just add a few indicators to help you confirm your trades and your all set.
Forex technical analysis can make you a lot of money if used correctly and this means
- Acting on the reality of price change not predicting
- Using simple robust rule based system
- Being patent and only trading high odds trades
- Controlling losses with rigid money management.
When using forex technical analysis, you have a time efficient way to seek huge profits from the markets and if you can get yourself a simple rule based system which trades the reality of price change and locks into and holds trends, you can make outstanding gains.
by Monica Hendrix
Many traders don't understand how and why forex technical analysis works and base there trading systems on wrong assumptions and lose. Here we will show the advantages of forex charts and how you can make big profits from them.
1. The Equation for Market Movement
The equation is simple
Market Fundamentals + Human perception of = Price.
Its humans that decide the price of anything and that includes currency prices.
As human nature is constant this is reflected in chart patterns which repeat and repeat again. The fundamental news is not important by itself, its how it is perceived that determines the course of events.
Forex technical analysis simply assumes all the fundamentals will quickly show up in price action and more importantly, the forex charts will tell you how all the traders have perceived them.
You are viewing the truth on a forex chart no guessing or predicting is needed, you are seeing the reality of the market price.
2. Forex Trend Following
Forex prices move in trends up or down and as the currency markets reflect the health of the economy they represent, these trends can last for weeks, months or even years.
A forex chartist doesn't care how or why prices are moving, they simply want to lock into these trends and make money from them.
3. A Game of Odds Not Certainties
Many people think prices move to some mysterious scientific theory - but they don't and there is no way of predicting where prices will go. If of course there were a scientific theory of forex market movement, we would all know the price in advance and there would be no market!
When you trade forex you are simply trading the odds - but don't let that put you off, you can make a lot of money. You're like a good poker player who passes hands by, folds losing ones and hits the big paying high odds hands.
Your trade is your hand and you should be patient, to wait for the right opportunities and not be afraid to fold or pass a trade by, until you get the right opportunity.
4. Best Time Frames
The best time frames are the big trends which last for weeks and months and the overbought / oversold areas within the trend which, last for few days to a week.
Never day trade! This is huge mistake made by many traders. All short term volatility is random and you will never win so don't try it.
You can however swing trade or long term trend follow, it's a matter of choice which method you choose - both work.
5. Choosing Your Indicators
Start by using support and resistance lines and learn a breakout methodology, its timeless and it works and is covered in our other articles. Then, just add a few indicators to help you confirm your trades and your all set.
Forex technical analysis can make you a lot of money if used correctly and this means
- Acting on the reality of price change not predicting
- Using simple robust rule based system
- Being patent and only trading high odds trades
- Controlling losses with rigid money management.
When using forex technical analysis, you have a time efficient way to seek huge profits from the markets and if you can get yourself a simple rule based system which trades the reality of price change and locks into and holds trends, you can make outstanding gains.
Make Money with Hedged Forex investments
Make Money with Hedged Forex investments
by Mary McArthur
The No-Stop, hedged, Forex trading Grid system ("the No Stop system") is one of the most misunderstood techniques in forex trading. I am going to describe the No Stop system as best I can in the limited space available. There is a series of 7 other articles describing the elements below in greater detail. There are many hedged systems around and the No Stop system below is one that is being traded profitably.
The No Stop system is an investment technique which creates favourable dollar cost averaging on all transactions entered into. For this reason the technique is too much of a paradigm shift for most conventional traders who like charts, support and resistance and indicators. It is strictly speaking, it is not a trading technique. It has however become very popular as a trading technique because of the short term gains that can be made.
The No Stop system trades without stops. No stop loss orders are used at all except for when a group of transactions have a positive result and we want to liquidate the entire group of transactions at a net gain. Because the No Stop system cashes in its transactions regularly it becomes a trend following No Stop system too. There is no need for charts when using this No Stop system as we use predetermined price levels to cash in transactions positively (The No Stop system loves price spikes).
Transactions can or should be slow at a rate of about 3 to 4 a week. As price levels are determined well in advance orders can be placed well in advance so the No Stop system takes very little supervision. The technique is highly systematic and can easy be converted into an automatic trading system or expert advisor very easily.
The No Stop system is always in a sell and a buy at the same time and therefore can cash in on any move the market makes. Being in a sell and a buy at the same time also created a hedge. Predetermined cash in levels create a grid of price levels there positive transactions will be cashed in continuously until the group of transactions are profitable.
In simple terms you will enter the market at a particular level with an active bay and a sell. You would have predetermined levels at which you would cash in positive transactions. For instance one could decide to cash in on every 100pip (grid gap) move made in the market. When the price moves 100 pips you would cash in your positive transaction and then enter into another buy and sell transaction at that point. This process will continue until the total for the group of transaction is positive and then you would liquidate. You would then start again - as simple as that. Money is made when the price revisits some of the cash in levels over and over and over again (which it does). In the above example should the price return to the starting level (after moving 100 pips) the group of 4 transactions in total will be positive and you would then cash in the unwanted transactions, bank your profits and start again.
The big danger of this No Stop system is strong trends with no or very few retracements. You will lose money in trends. There are however specific techniques to manage and contain these losses. The biggest one is to start with a big grid gap. What is a trend on a 5 minute chart could be a small spike on a daily or weekly chart. Grid gaps of between 150 pips and 300 pips have been found to work well. One could also vary the grid sizes relative to the trend to reduce the number of unhedged transaction. For example have grid gaps of 100, 200, 300 etc. The other way is to vary the number of lots used when entering into the buy and sell transactions at a particular cash in point to ensure balanced hedging.
Trends tend to scare people away from this technique but if one views this as an investment technique and not a trading technique the trends could have a reduced impact on the annual return on investment. The market only trends 20% of the time any way. Talking about return on investment some current trading groups are showing returns of between 200% p.a. and 1000% p.a. on current investment levels. There are many trading records are available to back this up. The longer you trade this No Stop system the lower your risk and the better your return. That said, you can lose more than just your boots (your whole trading account) if you treat this No Stop system with disrespect.
In very simple terms you will start trading this technique by entering the market at a particular level with an active bay and a sell. You would have predetermined levels at which you would cash in positive transactions. For instance one could decide to cash in on every 100pip (grid gap) move made in the market. When the price moves 100 pips you would cash in your positive transaction and then enter into another buy and sell transaction at that point. This process will continue until the total for the group of transaction is cashed in positively. You would then start again - as simple as that. No need for charts. Patience is the biggest virtue required.
Success factors for this No Stop system are: - Selecting appropriate grid sizes, currency pairs, lot sizes, cash in times and an investment mentality. All very easy, if you have done it for a few years. This No Stop system is not for everybody however, and is not the best Forex system since sliced bread, but is does very nicely for some traders, thank you very much. It is important to know about this system as using its principles could help your conventional trading.
For freely available information on this No Stop system why not Google "no stop forex trading" or visit authority sites like expert-4x or Forextradersupportservices.
by Mary McArthur
The No-Stop, hedged, Forex trading Grid system ("the No Stop system") is one of the most misunderstood techniques in forex trading. I am going to describe the No Stop system as best I can in the limited space available. There is a series of 7 other articles describing the elements below in greater detail. There are many hedged systems around and the No Stop system below is one that is being traded profitably.
The No Stop system is an investment technique which creates favourable dollar cost averaging on all transactions entered into. For this reason the technique is too much of a paradigm shift for most conventional traders who like charts, support and resistance and indicators. It is strictly speaking, it is not a trading technique. It has however become very popular as a trading technique because of the short term gains that can be made.
The No Stop system trades without stops. No stop loss orders are used at all except for when a group of transactions have a positive result and we want to liquidate the entire group of transactions at a net gain. Because the No Stop system cashes in its transactions regularly it becomes a trend following No Stop system too. There is no need for charts when using this No Stop system as we use predetermined price levels to cash in transactions positively (The No Stop system loves price spikes).
Transactions can or should be slow at a rate of about 3 to 4 a week. As price levels are determined well in advance orders can be placed well in advance so the No Stop system takes very little supervision. The technique is highly systematic and can easy be converted into an automatic trading system or expert advisor very easily.
The No Stop system is always in a sell and a buy at the same time and therefore can cash in on any move the market makes. Being in a sell and a buy at the same time also created a hedge. Predetermined cash in levels create a grid of price levels there positive transactions will be cashed in continuously until the group of transactions are profitable.
In simple terms you will enter the market at a particular level with an active bay and a sell. You would have predetermined levels at which you would cash in positive transactions. For instance one could decide to cash in on every 100pip (grid gap) move made in the market. When the price moves 100 pips you would cash in your positive transaction and then enter into another buy and sell transaction at that point. This process will continue until the total for the group of transaction is positive and then you would liquidate. You would then start again - as simple as that. Money is made when the price revisits some of the cash in levels over and over and over again (which it does). In the above example should the price return to the starting level (after moving 100 pips) the group of 4 transactions in total will be positive and you would then cash in the unwanted transactions, bank your profits and start again.
The big danger of this No Stop system is strong trends with no or very few retracements. You will lose money in trends. There are however specific techniques to manage and contain these losses. The biggest one is to start with a big grid gap. What is a trend on a 5 minute chart could be a small spike on a daily or weekly chart. Grid gaps of between 150 pips and 300 pips have been found to work well. One could also vary the grid sizes relative to the trend to reduce the number of unhedged transaction. For example have grid gaps of 100, 200, 300 etc. The other way is to vary the number of lots used when entering into the buy and sell transactions at a particular cash in point to ensure balanced hedging.
Trends tend to scare people away from this technique but if one views this as an investment technique and not a trading technique the trends could have a reduced impact on the annual return on investment. The market only trends 20% of the time any way. Talking about return on investment some current trading groups are showing returns of between 200% p.a. and 1000% p.a. on current investment levels. There are many trading records are available to back this up. The longer you trade this No Stop system the lower your risk and the better your return. That said, you can lose more than just your boots (your whole trading account) if you treat this No Stop system with disrespect.
In very simple terms you will start trading this technique by entering the market at a particular level with an active bay and a sell. You would have predetermined levels at which you would cash in positive transactions. For instance one could decide to cash in on every 100pip (grid gap) move made in the market. When the price moves 100 pips you would cash in your positive transaction and then enter into another buy and sell transaction at that point. This process will continue until the total for the group of transaction is cashed in positively. You would then start again - as simple as that. No need for charts. Patience is the biggest virtue required.
Success factors for this No Stop system are: - Selecting appropriate grid sizes, currency pairs, lot sizes, cash in times and an investment mentality. All very easy, if you have done it for a few years. This No Stop system is not for everybody however, and is not the best Forex system since sliced bread, but is does very nicely for some traders, thank you very much. It is important to know about this system as using its principles could help your conventional trading.
For freely available information on this No Stop system why not Google "no stop forex trading" or visit authority sites like expert-4x or Forextradersupportservices.
Forex Market Professional Investments
Forex Market Professional Investments
by Mike Sanders
Can Forex Trading be a chance to have big results. Yes of course, But take care of your family in the future is all about financial planning and one of the fastest growing methods to achieve this financial freedom is through investing. Investing money into areas like real estate, online, stocks and shares are just a few of the many places where this is carried out on a daily basis. This is how many people believe the will achieve financial security and a way to provide for their family in the future. In this article we will very briefly look at the concepts with stocks and mutual funds, with real estate and of course online.
Research on how to invest is as important as in the areas you plan to invest in, especially when stocks are concerned as this can be one of the more risky areas to invest in particularly for first timers. The Forex stock market can be a great way to make money, sometimes very quickly but these sorts of gains are generally made by people that know what they are doing and short term risks can be involved. Remodeling a home that you have bought inexpensively can be a great way to build up funds very quickly but be warned this does require work as well but the money gained can be put into another project almost immediately.
Still, you will need to look into this further if this is an idea you are keen on because there are other issues to think about; however, this next area to invest in is not so labor intensive. If you working with the forex Marketing program and you can make a good money. Probably the fastest growing way is through forex trading online and it's amazing how easily you can work your finances online, and make money without even leaving the house. Using your computer you can research the companies that are offering shares and have a good idea of their performance before you make a decision to invest in them. More easy is to go to the Forex Day trading - There you will fund the step by step instructions which give you the safety don't loose your money. This is without doubt the most addictive and it is easy to get into trouble if you are someone with an addictive personality.
If you plan on investing, make sure you educate yourself in the market and means in which you wish to proceed. Whether it is with stocks, mutual funds, real estate or online, do your research and make some money! As usual, there is a huge amount of free information on the internet if you really want to learn more; remember, successful people do not use luck all the time! Enjoy the investing you do but remember it has a serious side that doesn't take prisoners; this is why it is so important to learn the game rules before you play.
by Mike Sanders
Can Forex Trading be a chance to have big results. Yes of course, But take care of your family in the future is all about financial planning and one of the fastest growing methods to achieve this financial freedom is through investing. Investing money into areas like real estate, online, stocks and shares are just a few of the many places where this is carried out on a daily basis. This is how many people believe the will achieve financial security and a way to provide for their family in the future. In this article we will very briefly look at the concepts with stocks and mutual funds, with real estate and of course online.
Research on how to invest is as important as in the areas you plan to invest in, especially when stocks are concerned as this can be one of the more risky areas to invest in particularly for first timers. The Forex stock market can be a great way to make money, sometimes very quickly but these sorts of gains are generally made by people that know what they are doing and short term risks can be involved. Remodeling a home that you have bought inexpensively can be a great way to build up funds very quickly but be warned this does require work as well but the money gained can be put into another project almost immediately.
Still, you will need to look into this further if this is an idea you are keen on because there are other issues to think about; however, this next area to invest in is not so labor intensive. If you working with the forex Marketing program and you can make a good money. Probably the fastest growing way is through forex trading online and it's amazing how easily you can work your finances online, and make money without even leaving the house. Using your computer you can research the companies that are offering shares and have a good idea of their performance before you make a decision to invest in them. More easy is to go to the Forex Day trading - There you will fund the step by step instructions which give you the safety don't loose your money. This is without doubt the most addictive and it is easy to get into trouble if you are someone with an addictive personality.
If you plan on investing, make sure you educate yourself in the market and means in which you wish to proceed. Whether it is with stocks, mutual funds, real estate or online, do your research and make some money! As usual, there is a huge amount of free information on the internet if you really want to learn more; remember, successful people do not use luck all the time! Enjoy the investing you do but remember it has a serious side that doesn't take prisoners; this is why it is so important to learn the game rules before you play.
วันพุธที่ 23 เมษายน พ.ศ. 2551
Forex Trends - How to Follow Them for Bigger Profits
Forex Trends - How to Follow Them for Bigger Profits
by Monica Hendrix
When you look back at a forex chart forex trends that last for weeks or months are easy to see but there much harder to hold in real time trading. There are huge profits to be made if you can milk the longer term trends but you must be aware of two main problems you will encounter.
Volatility within the Main Trend
When your are forex trend following you get constant pullbacks in price and you have to decide whether they are a trend change or a pullback and this is not so easy when money is on the line.
The dilemma you face is: Where should you put your stop so that you can stay with the trend but get at least a good chunk of profit should the trend turn.
For this you should have an understanding of standard deviation of price - if you don't know what it is - make it an essential part of your forex education.
Our view is to use trend line support and moving averages pullbacks to the 18 - 25 day moving average are normal and pullbacks to the 40 day moving average indicate a trend that might turn.
Once the trend is in motion, use the 40 day and trend line support as your stop.
Of course when the trend turns you give back a bit of profit but that's ok - if you caught 50% of every major trend, you would be very rich.
Don't ever try and predict when a trend might end or impose your view on the market let the market action tell you when you are wrong.
You Have to Accept Short Term Dips to Make Long Term Gains!
Many traders get excited when they get a profit and the bigger it becomes, the more excited they get - Every dip in open equity causes them emotional turmoil and they simply want to get the profit in the bank, before it gets away.
They end up snatching their profit and banking a marginal one - what happens next?
The trend continues and makes $5 10 or 15,000 and their not in yet, that's where they thought the price was going anyway!
They just didn't have the discipline to stay with them.
The fact is you must be disciplined and be prepared to take open equity dips - sometimes of thousands at a time, once a big trend is in motion.
This requires confidence and discipline in your forex trading strategy, an understanding of volatility and a mindset to put up with it, to seek a longer term gain.
Take a look at a forex charts and you won't just see trends at present that yield a few hundred pips in motion, you will see ones that could give you thousands or tens of thousands and you can get these trends with the right attitude.
If you have the discipline and the mindset to succeed you can make a lot of money from long term trends - you don't have to be perfect and you and you don't have to be clever, just have the patience to stay with the trend, until the chart tells you that your wrong.
by Monica Hendrix
When you look back at a forex chart forex trends that last for weeks or months are easy to see but there much harder to hold in real time trading. There are huge profits to be made if you can milk the longer term trends but you must be aware of two main problems you will encounter.
Volatility within the Main Trend
When your are forex trend following you get constant pullbacks in price and you have to decide whether they are a trend change or a pullback and this is not so easy when money is on the line.
The dilemma you face is: Where should you put your stop so that you can stay with the trend but get at least a good chunk of profit should the trend turn.
For this you should have an understanding of standard deviation of price - if you don't know what it is - make it an essential part of your forex education.
Our view is to use trend line support and moving averages pullbacks to the 18 - 25 day moving average are normal and pullbacks to the 40 day moving average indicate a trend that might turn.
Once the trend is in motion, use the 40 day and trend line support as your stop.
Of course when the trend turns you give back a bit of profit but that's ok - if you caught 50% of every major trend, you would be very rich.
Don't ever try and predict when a trend might end or impose your view on the market let the market action tell you when you are wrong.
You Have to Accept Short Term Dips to Make Long Term Gains!
Many traders get excited when they get a profit and the bigger it becomes, the more excited they get - Every dip in open equity causes them emotional turmoil and they simply want to get the profit in the bank, before it gets away.
They end up snatching their profit and banking a marginal one - what happens next?
The trend continues and makes $5 10 or 15,000 and their not in yet, that's where they thought the price was going anyway!
They just didn't have the discipline to stay with them.
The fact is you must be disciplined and be prepared to take open equity dips - sometimes of thousands at a time, once a big trend is in motion.
This requires confidence and discipline in your forex trading strategy, an understanding of volatility and a mindset to put up with it, to seek a longer term gain.
Take a look at a forex charts and you won't just see trends at present that yield a few hundred pips in motion, you will see ones that could give you thousands or tens of thousands and you can get these trends with the right attitude.
If you have the discipline and the mindset to succeed you can make a lot of money from long term trends - you don't have to be perfect and you and you don't have to be clever, just have the patience to stay with the trend, until the chart tells you that your wrong.
Forex Assassin - Is it a piece of crap?
Forex Assassin - Is it a piece of crap?
by Jon Stall
So I'm sure your are interested by the title of this article... Does Forex Assassin work? Is it a piece of crap? Well if it is it's a piece of magical crap! This product will rock your world... Here are some features:
- only requires 1 minute per week of your time - Was designed for 9-to-5'ers with little capital and even less time
- Has been proven to generate as much as $800 from a single trade
- Is a 'price driven' system. In other words, uses absolutely NO indicators whatsoever!
- Can be used by even the most inexperienced traders. In fact, the system is so easy to use that even if you have never traded forex before you will be on your way in less that 5 minutes!
So... what makes Forex Assassin so dang idiot-proof and dirt simple? What sets it apart from the systems you have no doubt purchased, and makes this the only true forex trading solution? Here are the steps that will revoltionize your Forex world!
Step 1: Each and every Saturday you sit back in the comfort of your home and extract EXACT prices from the market. This is a BLACK and WHITE process which takes less than 1 minute to do.
Step 2: You take those numbers and plug them to the secret Forex Assassin formula.
Step 3: The formula immediately spits out EXACT entry, take profit and stop loss prices.
Step 4: THAT'S IT! No more work. You set the orders with your broker (based on the prices Forex Assassin provide you with) and simply wait for the pips to roll in!
So there it is... NO fluff or bullcrap. I want to give you information that will help you to become a very successful Forex trader. This is the most important tool in your arsenal... of course the most important tool is YOU.
by Jon Stall
So I'm sure your are interested by the title of this article... Does Forex Assassin work? Is it a piece of crap? Well if it is it's a piece of magical crap! This product will rock your world... Here are some features:
- only requires 1 minute per week of your time - Was designed for 9-to-5'ers with little capital and even less time
- Has been proven to generate as much as $800 from a single trade
- Is a 'price driven' system. In other words, uses absolutely NO indicators whatsoever!
- Can be used by even the most inexperienced traders. In fact, the system is so easy to use that even if you have never traded forex before you will be on your way in less that 5 minutes!
So... what makes Forex Assassin so dang idiot-proof and dirt simple? What sets it apart from the systems you have no doubt purchased, and makes this the only true forex trading solution? Here are the steps that will revoltionize your Forex world!
Step 1: Each and every Saturday you sit back in the comfort of your home and extract EXACT prices from the market. This is a BLACK and WHITE process which takes less than 1 minute to do.
Step 2: You take those numbers and plug them to the secret Forex Assassin formula.
Step 3: The formula immediately spits out EXACT entry, take profit and stop loss prices.
Step 4: THAT'S IT! No more work. You set the orders with your broker (based on the prices Forex Assassin provide you with) and simply wait for the pips to roll in!
So there it is... NO fluff or bullcrap. I want to give you information that will help you to become a very successful Forex trader. This is the most important tool in your arsenal... of course the most important tool is YOU.
วันศุกร์ที่ 18 เมษายน พ.ศ. 2551
Forex Trading Methods - Automated Trading Systems Vs Manual Ones Which Are Best?
Forex Trading Methods - Automated Trading Systems Vs Manual Ones Which Are Best?
by kelly Price
When you are looking at forex trading methods you have choice between following an automated trading system or trading manually to set of rules so which is best lets take a look...
Forex Robots
Have rules build into them and there simply plug and play time efficient and require very little trading knowledge.
There are some good ones about that are sold online but most (about 99%) don't work and the track records are simply made up and simulated in hindsight. Most carry the disclaimer below, look out for it and forget it:
"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
There are some that have been traded and tested and have real time track records but be careful - you still have to follow it with discipline and for this, you need to know how and why it works long term.
You need to be confident enough in its logic, to stick with it through periods of drawdown, if you dont understand how and why it works and have confidence in its ability to win longer term, your discipline will go and you have no system.
There are even some free ones that make money. I have written frequently on Richard Donchian's 4 week rule and this incredibly powerful but simple system, is free! Look it up in our other articles.
Trading an automated trading system ( if you find the right one) is time efficient and easy - but you must have a disciplined and patient personality, to keep executing the signals in line with the rules and this is hard, when you had a losing period!
Manual Trading
There is a right way and a wrong way when trading manually - lets start with the wrong way.
The "shoot from the hip" news and story trader - He simply trades on a whim and of course as news is instantly discounted and his emotions are to the fore he losses.
The other trader is the trader who likes to do every trade manually but is still guided by rigid rules in terms of, executing his trading signal and money management.
I am this sort of trader and it suits me as I am involved and although I use rules I can pick and choose the best trades in terms of risk reward - this trading method is obviously my personal choice and each trader will know which method is right fof them.
You can make money with forex robots, just choose wisely and be prepared to have confidence and discipline in the system you follow. As a manual trader you still need discipline but it probably suits the trader who enjoys a challenge.
Which ever trading method you choose, remember to have a disciplined approach and make sure you employ rigid money management criteria, to lead you to long term currency trading success.
by kelly Price
When you are looking at forex trading methods you have choice between following an automated trading system or trading manually to set of rules so which is best lets take a look...
Forex Robots
Have rules build into them and there simply plug and play time efficient and require very little trading knowledge.
There are some good ones about that are sold online but most (about 99%) don't work and the track records are simply made up and simulated in hindsight. Most carry the disclaimer below, look out for it and forget it:
"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
There are some that have been traded and tested and have real time track records but be careful - you still have to follow it with discipline and for this, you need to know how and why it works long term.
You need to be confident enough in its logic, to stick with it through periods of drawdown, if you dont understand how and why it works and have confidence in its ability to win longer term, your discipline will go and you have no system.
There are even some free ones that make money. I have written frequently on Richard Donchian's 4 week rule and this incredibly powerful but simple system, is free! Look it up in our other articles.
Trading an automated trading system ( if you find the right one) is time efficient and easy - but you must have a disciplined and patient personality, to keep executing the signals in line with the rules and this is hard, when you had a losing period!
Manual Trading
There is a right way and a wrong way when trading manually - lets start with the wrong way.
The "shoot from the hip" news and story trader - He simply trades on a whim and of course as news is instantly discounted and his emotions are to the fore he losses.
The other trader is the trader who likes to do every trade manually but is still guided by rigid rules in terms of, executing his trading signal and money management.
I am this sort of trader and it suits me as I am involved and although I use rules I can pick and choose the best trades in terms of risk reward - this trading method is obviously my personal choice and each trader will know which method is right fof them.
You can make money with forex robots, just choose wisely and be prepared to have confidence and discipline in the system you follow. As a manual trader you still need discipline but it probably suits the trader who enjoys a challenge.
Which ever trading method you choose, remember to have a disciplined approach and make sure you employ rigid money management criteria, to lead you to long term currency trading success.
Currency Trading Basics - To Make Profits You Must Know the Answer to This Question
Currency Trading Basics - To Make Profits You Must Know the Answer to This Question!
by kelly Price
Here we are going to look at currency trading basics and the most basic question you need to answer before you start trading - If you don't know the answer you will get wiped out and join the 95% of losers, answer it correctly and you could win and win big so here is your question...
My Trading Edge is (defined) .... To elaborate
Why is it you will win what's your edge over the 95% of traders that lose. Think about it carefully and while you are, the correct answer is NOT.
- I have bought a forex robot from a vendor with a simulated track record - I trade news stories and expert opinion - I trade the supply and demand fundamentals - I use a day trading system - I Employ forex scalping methods - I use scientific theories to predict market movement - I am clever and have a complicated trading system - I like to buy low and sell high
All the above are statements that will see you lose and do not constitute a trading edge and are all commonly stated by novice or naïve traders.
A trading edge has to be something that is based on correct logic about market movement which, you have confidence in. This then enables you to execute your forex trading strategy with discipline for long term success.
Trading success is something that comes from within and while all traders have different trading edges, they all have certain things in common which are:
- They have avoided all the forex myths (and there are loads of them)
- They have learned forex is an odds game not a game of science
- They know a method is not enough and that confidence leads to
- Discipline the single most important variable of trading to keep emotions at bay
- They know its not the news or fundamentals that are important its how their perceived that determines the course of events
- They have the ability to run profits and cut losses and have a money management strategy
- They know forex systems need to be simple not complicated to succeed
All the above come together and from this comes their "trading edge" the single variable that they have which will lead them to long term success.
The only aim of trading is to make money - its how success is judged.
Forex trading has a lot in common with this poker quote
"See, in my world - the world of high-stakes gin and poker - we play for cold, hard cash. It's all business, pure and simple. Anyone who thinks card playing is a 'game' - I'll show you a loser. Money... M-O-N-E-Y. That's how you measure success. One dollar at a time. One chip at a time. That's how you keep score."
Stu Unger
Know Your Edge and Win Big
Stu knows what the aim of the game is and he also knows his edge over other players and you must as well. It's one of the critical currency trading basics and if you do know it and can use it to your advantage, you could end up in the elite 5% of winners, who make the big consistent profits.
by kelly Price
Here we are going to look at currency trading basics and the most basic question you need to answer before you start trading - If you don't know the answer you will get wiped out and join the 95% of losers, answer it correctly and you could win and win big so here is your question...
My Trading Edge is (defined) .... To elaborate
Why is it you will win what's your edge over the 95% of traders that lose. Think about it carefully and while you are, the correct answer is NOT.
- I have bought a forex robot from a vendor with a simulated track record - I trade news stories and expert opinion - I trade the supply and demand fundamentals - I use a day trading system - I Employ forex scalping methods - I use scientific theories to predict market movement - I am clever and have a complicated trading system - I like to buy low and sell high
All the above are statements that will see you lose and do not constitute a trading edge and are all commonly stated by novice or naïve traders.
A trading edge has to be something that is based on correct logic about market movement which, you have confidence in. This then enables you to execute your forex trading strategy with discipline for long term success.
Trading success is something that comes from within and while all traders have different trading edges, they all have certain things in common which are:
- They have avoided all the forex myths (and there are loads of them)
- They have learned forex is an odds game not a game of science
- They know a method is not enough and that confidence leads to
- Discipline the single most important variable of trading to keep emotions at bay
- They know its not the news or fundamentals that are important its how their perceived that determines the course of events
- They have the ability to run profits and cut losses and have a money management strategy
- They know forex systems need to be simple not complicated to succeed
All the above come together and from this comes their "trading edge" the single variable that they have which will lead them to long term success.
The only aim of trading is to make money - its how success is judged.
Forex trading has a lot in common with this poker quote
"See, in my world - the world of high-stakes gin and poker - we play for cold, hard cash. It's all business, pure and simple. Anyone who thinks card playing is a 'game' - I'll show you a loser. Money... M-O-N-E-Y. That's how you measure success. One dollar at a time. One chip at a time. That's how you keep score."
Stu Unger
Know Your Edge and Win Big
Stu knows what the aim of the game is and he also knows his edge over other players and you must as well. It's one of the critical currency trading basics and if you do know it and can use it to your advantage, you could end up in the elite 5% of winners, who make the big consistent profits.
Forex Scalping Systems - A Route To Financial Freedom Scalping Regular Small Profits
Forex Scalping Systems - A Route To Financial Freedom Scalping Regular Small Profits
by kelly Price
Forex scalping is a method of trading price moves within daily periods, with the aim of making small profits with low risk. The ultimate aim is to make big long term profits. It's the most popular form of trading for novice traders - let's look at the basics of success using this method.
Unfortunately forex scalping sounds good in theory - but does not work in practice.
There are however numerous vendors claiming it works all with great track records, so how do they do it?
Well the disclaimer below will answer this question, take a read and you will see why these track records are not all they appear to be:
"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
Find a forex scalping or day trading system online for sale with a track record of gains and your almost certain to see the disclaimer above (Or similar wording) and of course there is then a problem with the track record - in term of you making profits.
The track record has been simulated in hindsight KNOWING the closing prices.
I am sure by 10 year old daughter could beat George Soros, if she could trade knowing the closing prices however, that's not reality - the reality is trading real time not knowing what will happen next is very hard.
So why doesn't forex scalping work?
The answer is easy, the time period is to short to get the odds on your side, all short term volatility is of a random nature and daily ranges cannot be used to get the odds on your side.
The problem is there are traders in every corner of the globe, all with different forex trading systems, strategies, varying levels of expertise, with diverse opinions and you can throw emotions into the mix as well.
So millions upon millions of people trading and you are going to try and calculate what this vast diverse group will do in a few hours or minutes? Good luck to you, if you fancy a try, I have been trading for 25 years and it's a challenge I think is impossible.
Many novice traders simply throw themselves head first into forex scalping without questioning its dumb logic.
They follow systems that have never been traded and then wonder why they lose - don't try it, unless you want to wipe your equity out.
The first thing you need to do is trade longer term, where you can calculate the odds.
You then need to be realistic about what you can make and get the right forex education.
You can make a lot of money in forex trading and in some instances the money made can be life changing; it remains one of the few ventures in life where you can start with small stakes and get rich, just make sure you get the odds on your side first, learn the correct information and you can enjoy forex trading success.
by kelly Price
Forex scalping is a method of trading price moves within daily periods, with the aim of making small profits with low risk. The ultimate aim is to make big long term profits. It's the most popular form of trading for novice traders - let's look at the basics of success using this method.
Unfortunately forex scalping sounds good in theory - but does not work in practice.
There are however numerous vendors claiming it works all with great track records, so how do they do it?
Well the disclaimer below will answer this question, take a read and you will see why these track records are not all they appear to be:
"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
Find a forex scalping or day trading system online for sale with a track record of gains and your almost certain to see the disclaimer above (Or similar wording) and of course there is then a problem with the track record - in term of you making profits.
The track record has been simulated in hindsight KNOWING the closing prices.
I am sure by 10 year old daughter could beat George Soros, if she could trade knowing the closing prices however, that's not reality - the reality is trading real time not knowing what will happen next is very hard.
So why doesn't forex scalping work?
The answer is easy, the time period is to short to get the odds on your side, all short term volatility is of a random nature and daily ranges cannot be used to get the odds on your side.
The problem is there are traders in every corner of the globe, all with different forex trading systems, strategies, varying levels of expertise, with diverse opinions and you can throw emotions into the mix as well.
So millions upon millions of people trading and you are going to try and calculate what this vast diverse group will do in a few hours or minutes? Good luck to you, if you fancy a try, I have been trading for 25 years and it's a challenge I think is impossible.
Many novice traders simply throw themselves head first into forex scalping without questioning its dumb logic.
They follow systems that have never been traded and then wonder why they lose - don't try it, unless you want to wipe your equity out.
The first thing you need to do is trade longer term, where you can calculate the odds.
You then need to be realistic about what you can make and get the right forex education.
You can make a lot of money in forex trading and in some instances the money made can be life changing; it remains one of the few ventures in life where you can start with small stakes and get rich, just make sure you get the odds on your side first, learn the correct information and you can enjoy forex trading success.
วันอังคารที่ 15 เมษายน พ.ศ. 2551
Forex Killer Software Review
Forex Killer Software Review
by Charles Nash
I wanted to do a Forex Killer software review because it is an interesting program to have. No, this will not make you rich, but it can give you a hand starting out because most people will test the waters of forex before quitting their job. In reality, you need to spend a lot of time with forex, going over charts and when you have a job this is next to impossible.
Before you ever get your hands on this software make sure you do research on your own and learn. This software is useless if you don't have a basic understanding of how to trade forex. There are a ton of forums related to this topic out there and I'll leave you to search for them. Spend sometime there and learn.
The next thing you will need is a forex broker. This is a person or a business that will move your money around from currency to currency. This is essential and needed before you'll ever get to use the Forex Killer.
At this point you'd be ready to start trading, but this is where the hard part begins. I call it information overload. There is just too much information out there and new people to this business get overwhelmed. If you got a full time job and come home to hours of sorting through graphs, you'll be left frustrated.
The great thing about Forex Killer is that it goes through all the information out there in real time. It does all the research and information digging. This software is a very good tool for experts and new players to the business.
Let's take an example. For your first trade, you get into the Japanese Yen. You find out very quickly that most of the information is being compiled while you're asleep. While you're in bed, it's all business in Japan. You can either change your sleeping habits to Japanese time or you can get a piece of software to monitor all the activity while you sleep. When you get up in the morning, you can easily deal with it and go to work without a headache.
This is a Forex Killer software review. It will help you get past the information overload that all people face in this business. It is a great tool for both experts and new people.
by Charles Nash
I wanted to do a Forex Killer software review because it is an interesting program to have. No, this will not make you rich, but it can give you a hand starting out because most people will test the waters of forex before quitting their job. In reality, you need to spend a lot of time with forex, going over charts and when you have a job this is next to impossible.
Before you ever get your hands on this software make sure you do research on your own and learn. This software is useless if you don't have a basic understanding of how to trade forex. There are a ton of forums related to this topic out there and I'll leave you to search for them. Spend sometime there and learn.
The next thing you will need is a forex broker. This is a person or a business that will move your money around from currency to currency. This is essential and needed before you'll ever get to use the Forex Killer.
At this point you'd be ready to start trading, but this is where the hard part begins. I call it information overload. There is just too much information out there and new people to this business get overwhelmed. If you got a full time job and come home to hours of sorting through graphs, you'll be left frustrated.
The great thing about Forex Killer is that it goes through all the information out there in real time. It does all the research and information digging. This software is a very good tool for experts and new players to the business.
Let's take an example. For your first trade, you get into the Japanese Yen. You find out very quickly that most of the information is being compiled while you're asleep. While you're in bed, it's all business in Japan. You can either change your sleeping habits to Japanese time or you can get a piece of software to monitor all the activity while you sleep. When you get up in the morning, you can easily deal with it and go to work without a headache.
This is a Forex Killer software review. It will help you get past the information overload that all people face in this business. It is a great tool for both experts and new people.
Forex Online - Become And Expert Trader
Forex Online - Become And Expert Trader
by John Callingham
Forex online is booming, some people are now making over 6 figures a year forex trading online. Forex trading is extremely addicting and challenging, and at the same time exciting and rewarding if you work hard at it. To be a successful forex trader you need to really know the business inside and out. That is one of the forex option to success. You need to go out and buy a great forex ebook and begin learning the forex system. Start out with some forex seminars, forex demos, and forex training courses. Almost all forex online sites offer a chance to create an account for free and begin trading for play money as if it was real money to get a feeling of how the forex global trading market works. You can get a quick idea on how fast you will succeed or see what you need to work on right away to be successful. This definitely is the best forex tool that will lead you to your success.
As with any forex investment, it is risky but the reward is so incredible that you cannot pass up an opportunity not to invest in this market. Unlike the stock market, no one can predict the direction certain forex currencies will go. It is all based on real world events which influence the forex currency market. After you get enough forex training you can begin investing real money into the forex market. I would suggest starting out at something around $25.00. $25.00 can get you a long long way, in a month or two that $25.00 may turn into a few thousand dollars if you play your cards right and learn the forex system inside and out. The great thing about the forex system is that you do not need no fancy broker forex and shed hundreds of dollars on a forex system. All you need is a forex ebook and a understanding and know how of how the forex trading market works.
The basic fundamentals of the forex trade market is that you buy currency for low, and sell it for a much much higher price. You never want to hold forex currency for to long after you buy it. The forex market is constantly changing and you need to stay on your toes. You need to use the basic fundamentals and the forex training you have gained over time to constantly make a stable income in the forex market. Staying on your toes and being aware of whats going on in the forex news will get you a long way in this forex market. The best part of all about the forex market is that you can trade on it 24 hours, 5 days a week. It fits your schedule perfectly so there is no excuse being able not to trade on this market. Watch for forex signals, as they are constantly changing and pay attention to the market as a whole. Trust your instinct and discover all forex secrets to trading as you can. Good luck!
by John Callingham
Forex online is booming, some people are now making over 6 figures a year forex trading online. Forex trading is extremely addicting and challenging, and at the same time exciting and rewarding if you work hard at it. To be a successful forex trader you need to really know the business inside and out. That is one of the forex option to success. You need to go out and buy a great forex ebook and begin learning the forex system. Start out with some forex seminars, forex demos, and forex training courses. Almost all forex online sites offer a chance to create an account for free and begin trading for play money as if it was real money to get a feeling of how the forex global trading market works. You can get a quick idea on how fast you will succeed or see what you need to work on right away to be successful. This definitely is the best forex tool that will lead you to your success.
As with any forex investment, it is risky but the reward is so incredible that you cannot pass up an opportunity not to invest in this market. Unlike the stock market, no one can predict the direction certain forex currencies will go. It is all based on real world events which influence the forex currency market. After you get enough forex training you can begin investing real money into the forex market. I would suggest starting out at something around $25.00. $25.00 can get you a long long way, in a month or two that $25.00 may turn into a few thousand dollars if you play your cards right and learn the forex system inside and out. The great thing about the forex system is that you do not need no fancy broker forex and shed hundreds of dollars on a forex system. All you need is a forex ebook and a understanding and know how of how the forex trading market works.
The basic fundamentals of the forex trade market is that you buy currency for low, and sell it for a much much higher price. You never want to hold forex currency for to long after you buy it. The forex market is constantly changing and you need to stay on your toes. You need to use the basic fundamentals and the forex training you have gained over time to constantly make a stable income in the forex market. Staying on your toes and being aware of whats going on in the forex news will get you a long way in this forex market. The best part of all about the forex market is that you can trade on it 24 hours, 5 days a week. It fits your schedule perfectly so there is no excuse being able not to trade on this market. Watch for forex signals, as they are constantly changing and pay attention to the market as a whole. Trust your instinct and discover all forex secrets to trading as you can. Good luck!
Finance Investing - Invest In Forex Trading Now!
Finance Investing - Invest In Forex Trading Now!
by John Callingham
Finance investing through forex trading is one of the largest money making markets in the world. A little known fact is that forex aka forex currency trading accounts for over 2 TRILLION dollars traded a day across the market. This is a huge investment opportunity and a huge amount of money can be earned investing personal money. Before you get into forex investing you may want to check out some investing news and go to a free forex trading website with a forex demo and forex investing mock game. You can invest in currency trading as if you were investing your real money. You can make all the trades you want and in a matter of minutes you could see your money rise or fall depending on the investing choices you make. If you develop a great forex strategy system and buy some great forex ebooks you should have no problem making an absolute killing on this market. The great thing about the forex market is that it is open 24 hours a day, 5 days a week. You can do forex trading on your own time and at your own pace. This is especially crucial if you work a 9-5 day job and do not have a chance to invest during the day. The stock market is only open 9-5 Monday-Friday and the earning potential is no where near the forex trading market. The forex trading market is a huge untapped market in which the key players in the market were huge financial institutions and multi-national corporations. Now it's the single investors turn to earn a killing on this market. Having a little bit of forex knowledge and forex training you could find yourself very easily earning over 6 figures a year in no time at all. So once you master the forex demos and forex training site, how much should you start out with investing when it's for real money? The answer to this may very for some people but if you want to get a feeling for forex trading you can start out with as little as $25.00. $25.00 can turn into a few thousand dollars in a week or two with the right discipline, training, and forex ebooks to follow. Not only do you need these three things, following all the world events and checking out the latest forex news will help you greatly.
When it comes down to forex trading you need to watch the market extremely carefully staying focused at all times. Buy low, sell high, and get out. Do not wait in a price to rise because you feel it will. The forex market is constantly fluctuating and you need to stay on your toes. You need a definitive reason to do trades in the forex market. Do not do it on a gut feeling or because you just want to, you need to do it because the forex market is leaning that way. Pay attention to forex signs. Using these forex trading tips will definitely put you over the top in this market.
by John Callingham
Finance investing through forex trading is one of the largest money making markets in the world. A little known fact is that forex aka forex currency trading accounts for over 2 TRILLION dollars traded a day across the market. This is a huge investment opportunity and a huge amount of money can be earned investing personal money. Before you get into forex investing you may want to check out some investing news and go to a free forex trading website with a forex demo and forex investing mock game. You can invest in currency trading as if you were investing your real money. You can make all the trades you want and in a matter of minutes you could see your money rise or fall depending on the investing choices you make. If you develop a great forex strategy system and buy some great forex ebooks you should have no problem making an absolute killing on this market. The great thing about the forex market is that it is open 24 hours a day, 5 days a week. You can do forex trading on your own time and at your own pace. This is especially crucial if you work a 9-5 day job and do not have a chance to invest during the day. The stock market is only open 9-5 Monday-Friday and the earning potential is no where near the forex trading market. The forex trading market is a huge untapped market in which the key players in the market were huge financial institutions and multi-national corporations. Now it's the single investors turn to earn a killing on this market. Having a little bit of forex knowledge and forex training you could find yourself very easily earning over 6 figures a year in no time at all. So once you master the forex demos and forex training site, how much should you start out with investing when it's for real money? The answer to this may very for some people but if you want to get a feeling for forex trading you can start out with as little as $25.00. $25.00 can turn into a few thousand dollars in a week or two with the right discipline, training, and forex ebooks to follow. Not only do you need these three things, following all the world events and checking out the latest forex news will help you greatly.
When it comes down to forex trading you need to watch the market extremely carefully staying focused at all times. Buy low, sell high, and get out. Do not wait in a price to rise because you feel it will. The forex market is constantly fluctuating and you need to stay on your toes. You need a definitive reason to do trades in the forex market. Do not do it on a gut feeling or because you just want to, you need to do it because the forex market is leaning that way. Pay attention to forex signs. Using these forex trading tips will definitely put you over the top in this market.
วันพฤหัสบดีที่ 10 เมษายน พ.ศ. 2551
Commodity Forex Online Trading
Commodity Forex Online Trading
by John Callingham
Forex trading is a hot commodity today and is on the rise. Commodity forex online trading is probably something that you personally have never heard of but it has been done by banks, large financial institutions, and multi-national corporations of years and years. These companies have gotten filthy rich off this ungoverned and unregulated market and now it is your turn. Forex trading is an absolute gold mind and if done properly can turn your low risk investment into millions and millions of dollars. The exchange rate, both on a global and local level control all the forex trading today. The object of the market in a nutshell is to buy currency for cheap while the exchange rate is low, and wait for your currency to rise as the market fluctuates and sell it. You can make a killing doing this on a daily basis and as this market is unregulated your earning potential can sky through the roof. You can find yourself quitting your day job and focusing on currency trading within a matter of weeks. The foreign exchange market can turn the average Joe into a big name multi-millionaire. It can definitely change your life for the better.
The custom forex indicator is a good way of telling how each different currency is doing at any point in type. Basically the forex trading market is the exchange of currencies between two different countries. Believe it or not, if you have traveled to a different country you participated in forex trading at a much lower level. Being up-to-date on all international issues is a must when forex trading. The slightest sway in global events can change your currency value dramatically for the best or worse.
You don't need to spend thousands and thousands of dollars on broker forex online trading. No need for a fancy broker in forex trading, that may be only needed for stock trading. Forex trading is much more different and a lot more profitable. So when you are thinking forex trading, do not think of the stock market. They are similar, yet so much different. You need to get yourself an easy forex system and stick to it. For a low cost of a system, you can find yourself making a killing day after day. This year alone I have made over $300,000 just by trading currencies. Forex global trading has finally hit its highest point in history. Individual forex traders are finally finding out the benefits to forex trading instead of this business strictly being for financial institutions or multi-national corporations. If they can make millions of dollars doing it, why can't you?
With forex trading you absolutely and positively control your own destiny. This market is 100% liquidated and you are never tied up in a certain currency. You can get out at anytime and trade your currency away at anytime. Unlike the stock exchange, the forex market is open 24hrs a day. There is no other investing market out there with this type of service! I wish you the best of luck!
by John Callingham
Forex trading is a hot commodity today and is on the rise. Commodity forex online trading is probably something that you personally have never heard of but it has been done by banks, large financial institutions, and multi-national corporations of years and years. These companies have gotten filthy rich off this ungoverned and unregulated market and now it is your turn. Forex trading is an absolute gold mind and if done properly can turn your low risk investment into millions and millions of dollars. The exchange rate, both on a global and local level control all the forex trading today. The object of the market in a nutshell is to buy currency for cheap while the exchange rate is low, and wait for your currency to rise as the market fluctuates and sell it. You can make a killing doing this on a daily basis and as this market is unregulated your earning potential can sky through the roof. You can find yourself quitting your day job and focusing on currency trading within a matter of weeks. The foreign exchange market can turn the average Joe into a big name multi-millionaire. It can definitely change your life for the better.
The custom forex indicator is a good way of telling how each different currency is doing at any point in type. Basically the forex trading market is the exchange of currencies between two different countries. Believe it or not, if you have traveled to a different country you participated in forex trading at a much lower level. Being up-to-date on all international issues is a must when forex trading. The slightest sway in global events can change your currency value dramatically for the best or worse.
You don't need to spend thousands and thousands of dollars on broker forex online trading. No need for a fancy broker in forex trading, that may be only needed for stock trading. Forex trading is much more different and a lot more profitable. So when you are thinking forex trading, do not think of the stock market. They are similar, yet so much different. You need to get yourself an easy forex system and stick to it. For a low cost of a system, you can find yourself making a killing day after day. This year alone I have made over $300,000 just by trading currencies. Forex global trading has finally hit its highest point in history. Individual forex traders are finally finding out the benefits to forex trading instead of this business strictly being for financial institutions or multi-national corporations. If they can make millions of dollars doing it, why can't you?
With forex trading you absolutely and positively control your own destiny. This market is 100% liquidated and you are never tied up in a certain currency. You can get out at anytime and trade your currency away at anytime. Unlike the stock exchange, the forex market is open 24hrs a day. There is no other investing market out there with this type of service! I wish you the best of luck!
Forex Trading-Charting Forex
Forex Trading-Charting Forex
by John Callingham
Forex trading has increased in popularity of the years and with that comes charting forex. When you chart forex trading you can see all the trends in both the global and local world. Everything and anything can affect currency trading which is why it is a risky business but an extremely profitable one. Throughout the world, 2 billion dollars a day are traded on the forex market! That is huge and insane and hard to comprehend, but it happens everyday. Forex tutorial is something that everyone should participate in before nose diving into this fast pace and fast growing industry. When you participate in a forex tutorial you are usually given "play money" with real life examples. You can use your "play money" to see how much you would have actually made. When you start doing it for about a week you will switch to real money right away. The profits are so much it will completely blow your mind. I know it blew my mind when I first started.
The forex trading market has many demo forex situations but also you must understand it is the largest investment market in the world which has also one of the fastest turnaround times. Unlike the stock market, the forex trading market is open 24 hours a day! It is truly the market that never sleeps. With forex trading there comes the dangers of forex trading but if you study the global market and use some expert strategy forex ebooks you should have no problem making a killer profit. If you jump right into forex trading without learning the proper procedures and investment avenues you need to be prepared for a rude awakening.
Unlike the stock market also, small factors that effect the global market make a huge impact in the forex market. It is extremely sensitive to change. This market is constantly fluctuating and you should not sit on your currency for to long if it is falling. You need to buy cheap and sell for more. You can find some great deals and cheap prices for currency out there; you just have to know the trading game well.
The forex trading market has been run by large multi-national corporations and financial institutions for years. Now it is finally the single investors opportunity to make a killing in this market. These large corporations and financial institutions have had their opportunity, now it is finally your turn. The best hyip forex out there is through analyzing the different trends and what is happening around the world. I have personally been in this market for over 3 years and I have been banking some serious cash. I have found the perfect, simple to use, strategy ebook for forex trading that I use as if it was my bible. It has taught me the ropes as also did the forex tutorial. I can't express how lucky I am to have this training opportunity. I have been able to quit my job, buy a new house, and new car all because of the high reward forex market.
by John Callingham
Forex trading has increased in popularity of the years and with that comes charting forex. When you chart forex trading you can see all the trends in both the global and local world. Everything and anything can affect currency trading which is why it is a risky business but an extremely profitable one. Throughout the world, 2 billion dollars a day are traded on the forex market! That is huge and insane and hard to comprehend, but it happens everyday. Forex tutorial is something that everyone should participate in before nose diving into this fast pace and fast growing industry. When you participate in a forex tutorial you are usually given "play money" with real life examples. You can use your "play money" to see how much you would have actually made. When you start doing it for about a week you will switch to real money right away. The profits are so much it will completely blow your mind. I know it blew my mind when I first started.
The forex trading market has many demo forex situations but also you must understand it is the largest investment market in the world which has also one of the fastest turnaround times. Unlike the stock market, the forex trading market is open 24 hours a day! It is truly the market that never sleeps. With forex trading there comes the dangers of forex trading but if you study the global market and use some expert strategy forex ebooks you should have no problem making a killer profit. If you jump right into forex trading without learning the proper procedures and investment avenues you need to be prepared for a rude awakening.
Unlike the stock market also, small factors that effect the global market make a huge impact in the forex market. It is extremely sensitive to change. This market is constantly fluctuating and you should not sit on your currency for to long if it is falling. You need to buy cheap and sell for more. You can find some great deals and cheap prices for currency out there; you just have to know the trading game well.
The forex trading market has been run by large multi-national corporations and financial institutions for years. Now it is finally the single investors opportunity to make a killing in this market. These large corporations and financial institutions have had their opportunity, now it is finally your turn. The best hyip forex out there is through analyzing the different trends and what is happening around the world. I have personally been in this market for over 3 years and I have been banking some serious cash. I have found the perfect, simple to use, strategy ebook for forex trading that I use as if it was my bible. It has taught me the ropes as also did the forex tutorial. I can't express how lucky I am to have this training opportunity. I have been able to quit my job, buy a new house, and new car all because of the high reward forex market.
The Best Forex Training Videos I Have Ever Seen
The Best Forex Training Videos I Have Ever Seen
by Donnie Carter
How would you like to win $15,572 within half an hour?
What would you think if I told you that Forex Power Strategy is simply the best forex training resource out there? See here and get the info you need, today.
To begin with, Forex Power Strategy caters for all levels of forex education Whether you don't know your HKD from your GBP, or you already know a lot about forex signals and technical analysis but losses are your middle name, this trader program is for you.
Nothing Can Beat The Moving Image
Forex Power Strategy is a complete course of video tutorials. Throw out all your lousy books, each video tutorial will show you the secret to trading to win.
You get 21 easy to follow instructor videos and it is as if you are seeing the instructor show you what you need to know so you can trade to win.
Step By Step How To Trade
Jason Steele demonstrates to you exactly how he made over 17000 bucks by doing just one simple trade Then after he quickly shows you the basics of forex, Jason reveals to you his special tactics that give him the power to win consistently on each of his trades.
Just Some Of The Fantastic Benefits
We know the features, what kind of benefits do you get? With Forex Power Strategy, you can begin with just a mere $1 and make a killing - you do not need a load of clients any goods to send and yet all you need is a connection to the internet and a computer. The video tutorials even show you how easily you can trade with a demonstration account until you quickly reach the point where you can go ahead and start winning real money!
A Better Life Could Be Yours From Today
Picture yourself being able to trade each and every day from the comfort of your home, place a few simple trades and see how your asset value appreciates each time you care to look. No doubt, you will no longer fear the unavoidable bills, the rent or your mortgage. Don’t you feel that you owe it to your family, as well as yourself to at least find out more about the potential of forex trading?
Does Not Cost Thousands!
One great thing about Forex Power Strategy is that, different to the other forex educational material out there, anyone with any budget can access it. So many of the other forex training programs will need you to pay thousands of dollars but there are no warranties that you will definitely make some money.
This program is not like that. Forex Power Strategy is a minor investment but yet will allow you to become a successful trader on the forex market. If it doesn't then you are entitled to a no questions asked, 100% money back guarantee.
by Donnie Carter
How would you like to win $15,572 within half an hour?
What would you think if I told you that Forex Power Strategy is simply the best forex training resource out there? See here and get the info you need, today.
To begin with, Forex Power Strategy caters for all levels of forex education Whether you don't know your HKD from your GBP, or you already know a lot about forex signals and technical analysis but losses are your middle name, this trader program is for you.
Nothing Can Beat The Moving Image
Forex Power Strategy is a complete course of video tutorials. Throw out all your lousy books, each video tutorial will show you the secret to trading to win.
You get 21 easy to follow instructor videos and it is as if you are seeing the instructor show you what you need to know so you can trade to win.
Step By Step How To Trade
Jason Steele demonstrates to you exactly how he made over 17000 bucks by doing just one simple trade Then after he quickly shows you the basics of forex, Jason reveals to you his special tactics that give him the power to win consistently on each of his trades.
Just Some Of The Fantastic Benefits
We know the features, what kind of benefits do you get? With Forex Power Strategy, you can begin with just a mere $1 and make a killing - you do not need a load of clients any goods to send and yet all you need is a connection to the internet and a computer. The video tutorials even show you how easily you can trade with a demonstration account until you quickly reach the point where you can go ahead and start winning real money!
A Better Life Could Be Yours From Today
Picture yourself being able to trade each and every day from the comfort of your home, place a few simple trades and see how your asset value appreciates each time you care to look. No doubt, you will no longer fear the unavoidable bills, the rent or your mortgage. Don’t you feel that you owe it to your family, as well as yourself to at least find out more about the potential of forex trading?
Does Not Cost Thousands!
One great thing about Forex Power Strategy is that, different to the other forex educational material out there, anyone with any budget can access it. So many of the other forex training programs will need you to pay thousands of dollars but there are no warranties that you will definitely make some money.
This program is not like that. Forex Power Strategy is a minor investment but yet will allow you to become a successful trader on the forex market. If it doesn't then you are entitled to a no questions asked, 100% money back guarantee.
วันอาทิตย์ที่ 6 เมษายน พ.ศ. 2551
Derivatives of Currency Trading and the Forex
Derivatives of Currency Trading and the Forex
by Andrew Daigle
Derivatives of the Forex trading system are spot trading, futures trading, forwards trading, options trading and swap trades. Many inexperienced Forex traders tend to focus on spot trading. Spot transactions are over-the-counter transactions, handled outside of an organized exchange.
Spot Trading - Spot trading in the Forex trading system is what is termed Forex. A Forex currency trade is a simple simultaneous transaction that involves the exchange of one currency for another. Forex currency trades may be settled within 2 days, except in Canada where exchanges may be settled within one-day.
There are two parties and two positions with any trade. The party who delivers a commodity holds a short position. The party who receives the delivered commodity holds a long position. In other words, the seller holds the short position and the buyer holds the long position. There are no restrictions and limitations in Forex spot trading as long as there are parties willing to a trade and liquidity in the currencies being traded. Spot trades incur a transaction charge per trade called a margin or spread. A margin is calculated as the difference between the current bid price and the asking price.
Forwards Trading - A forwards trade is a trade in which the traded commodity has a date of delivery some time in the future. Typically, a forward contract may have a date of delivery one, two, three, six or twelve months into the future. Traders use forwards to take advantage of interest rate differences between countries and this difference is usually factored into the cost of a forwards trade. The value of a forward is determined by the difference in interest rates offered by the countries whose currency is involved in the trade. The cost of a forward may be higher or lower than the current spot price of a currency. When a higher price is charged for a forward, it is called a premium while a lower price is a discount.
Futures Trading - A futures trade is similar to a forward trade where a buyer and seller trade currencies for a predetermined price, at some time in the future. The difference between a futures and forward trade is that futures are traded on a regulated exchange and forwards are not. Futures trades incur round-turn commissions that are generally higher than the margins required for spot trading. You must make a deposit on futures to serve as a margin or bond for the trade. If market events indicate that a currency will increase in value over the term of a future, a lower price will have more worth when it is traded. The difference between the price for a future and the market price of currency is added or subtracted from the margin value. You must replenish any loss in margin in order to continue to hold a position in the trade.
Options Trading - Options are a form of currency trading where you are given the option to buy a specific amount of currency before a specified date. Options differ form forwards and futures because options give you the right to buy or not buy. Generally, traders will seek options when there is an indication of stability in currency exchange rates while speculators may assume the risk in hopes of making a profit. As a buyer, you are required to pay a premium for options and that premium is forfeited if you fail to exercise the option. Premium prices are established based upon how likely the market perceives that the option will be exercised. Premiums may be calculated as the difference between the current spot price and a future strike price or they may be involve more complex calculations, based on market conditions and the timeframe before the expiry date.
Options include both a call and a put. The right to buy currency is a call option while the right to sell currency is put option. The option to buy US dollars and sell Japanese yen, for example, is a yen call and dollar put. The price that the buyer agrees to pay is called the strike price or exercise price and the amount of currency that may be bought or sold is called the principal. Options may be purchased on an exchange or over-the-counter and then bought and resold. US style options are purchased on an exchange and have a strike price, expiry date and contract size. Options bought over-the-counter are bought in interbank. Options offered in the interbank market are usually European style options where the terms of the contract are negotiated between the seller and buyer.
Swaps - A swap is a combination of a spot and forwards trade. A swap involves the trade of currency on a specified date and an agreement to trade it back at a later date. A swap provides you with an alternative to borrowing foreign currency. If you need liquidity in a currency, you may swap for the needed currency. This involves a spot transaction to initiate a trade and a forward transaction to buy back the currency in the future. Large banks and corporations tend to favor swaps. Individual investors rarely engage in swaps.
by Andrew Daigle
Derivatives of the Forex trading system are spot trading, futures trading, forwards trading, options trading and swap trades. Many inexperienced Forex traders tend to focus on spot trading. Spot transactions are over-the-counter transactions, handled outside of an organized exchange.
Spot Trading - Spot trading in the Forex trading system is what is termed Forex. A Forex currency trade is a simple simultaneous transaction that involves the exchange of one currency for another. Forex currency trades may be settled within 2 days, except in Canada where exchanges may be settled within one-day.
There are two parties and two positions with any trade. The party who delivers a commodity holds a short position. The party who receives the delivered commodity holds a long position. In other words, the seller holds the short position and the buyer holds the long position. There are no restrictions and limitations in Forex spot trading as long as there are parties willing to a trade and liquidity in the currencies being traded. Spot trades incur a transaction charge per trade called a margin or spread. A margin is calculated as the difference between the current bid price and the asking price.
Forwards Trading - A forwards trade is a trade in which the traded commodity has a date of delivery some time in the future. Typically, a forward contract may have a date of delivery one, two, three, six or twelve months into the future. Traders use forwards to take advantage of interest rate differences between countries and this difference is usually factored into the cost of a forwards trade. The value of a forward is determined by the difference in interest rates offered by the countries whose currency is involved in the trade. The cost of a forward may be higher or lower than the current spot price of a currency. When a higher price is charged for a forward, it is called a premium while a lower price is a discount.
Futures Trading - A futures trade is similar to a forward trade where a buyer and seller trade currencies for a predetermined price, at some time in the future. The difference between a futures and forward trade is that futures are traded on a regulated exchange and forwards are not. Futures trades incur round-turn commissions that are generally higher than the margins required for spot trading. You must make a deposit on futures to serve as a margin or bond for the trade. If market events indicate that a currency will increase in value over the term of a future, a lower price will have more worth when it is traded. The difference between the price for a future and the market price of currency is added or subtracted from the margin value. You must replenish any loss in margin in order to continue to hold a position in the trade.
Options Trading - Options are a form of currency trading where you are given the option to buy a specific amount of currency before a specified date. Options differ form forwards and futures because options give you the right to buy or not buy. Generally, traders will seek options when there is an indication of stability in currency exchange rates while speculators may assume the risk in hopes of making a profit. As a buyer, you are required to pay a premium for options and that premium is forfeited if you fail to exercise the option. Premium prices are established based upon how likely the market perceives that the option will be exercised. Premiums may be calculated as the difference between the current spot price and a future strike price or they may be involve more complex calculations, based on market conditions and the timeframe before the expiry date.
Options include both a call and a put. The right to buy currency is a call option while the right to sell currency is put option. The option to buy US dollars and sell Japanese yen, for example, is a yen call and dollar put. The price that the buyer agrees to pay is called the strike price or exercise price and the amount of currency that may be bought or sold is called the principal. Options may be purchased on an exchange or over-the-counter and then bought and resold. US style options are purchased on an exchange and have a strike price, expiry date and contract size. Options bought over-the-counter are bought in interbank. Options offered in the interbank market are usually European style options where the terms of the contract are negotiated between the seller and buyer.
Swaps - A swap is a combination of a spot and forwards trade. A swap involves the trade of currency on a specified date and an agreement to trade it back at a later date. A swap provides you with an alternative to borrowing foreign currency. If you need liquidity in a currency, you may swap for the needed currency. This involves a spot transaction to initiate a trade and a forward transaction to buy back the currency in the future. Large banks and corporations tend to favor swaps. Individual investors rarely engage in swaps.
Beginner Forex Trading - What Every Beginner Should Know About Currency Trading
Beginner Forex Trading - What Every Beginner Should Know About Currency Trading
by Harold Hsu
Forex trading is a very appealing way to make money online. Trillions of dollars exchange hands every day, and entire fortunes are made and lost literally overnight.
Part of the attractiveness of the Forex market is the ability for retail traders to trade on margin. Margin trading essentially involves the ability to trade a large sum of currency using only a fraction of your own money.
For example, when trading on a margin of 1:100, you can control $10,000 worth of currency using only $100 of your own money. This is what lures many amateur traders to take part in this multi-trillion dollar market - the potential to make a lot of money, by risking only a little of your own.
Understanding The Risks Of Margin Trading
Although margin trading is indeed a great way to make big bucks, beginner traders would do well do remember that it's actually a double-edged sword - it's just as easy to lose money as it is to win. So even though one can make potentially $300 in an hour, it's also equally likely for that person to lose the same amount within an hour (or even in a shorter time period!).
There Is No Central Governing Authority
The next thing beginner traders should know is that there is no official governing authority in the Forex trading industry. What this means is that unlike other financial trading exchanges where there is centralized control (such as the SEC for the stock market), the currency exchange market is not regulated by any organization at all.
This poses an extra risk for retail traders as it leaves the potential for scam 'brokers' to set up shop, take your money and basically run away with it.
That's why retail traders will have to be extra careful when choosing a broker to work with. Where possible, do try to find reputable brokers such as big banks or other well-established trading houses.
You definitely wouldn't want to risk having your money cheated by scammers who are looking to make a quick buck at your expense.
by Harold Hsu
Forex trading is a very appealing way to make money online. Trillions of dollars exchange hands every day, and entire fortunes are made and lost literally overnight.
Part of the attractiveness of the Forex market is the ability for retail traders to trade on margin. Margin trading essentially involves the ability to trade a large sum of currency using only a fraction of your own money.
For example, when trading on a margin of 1:100, you can control $10,000 worth of currency using only $100 of your own money. This is what lures many amateur traders to take part in this multi-trillion dollar market - the potential to make a lot of money, by risking only a little of your own.
Understanding The Risks Of Margin Trading
Although margin trading is indeed a great way to make big bucks, beginner traders would do well do remember that it's actually a double-edged sword - it's just as easy to lose money as it is to win. So even though one can make potentially $300 in an hour, it's also equally likely for that person to lose the same amount within an hour (or even in a shorter time period!).
There Is No Central Governing Authority
The next thing beginner traders should know is that there is no official governing authority in the Forex trading industry. What this means is that unlike other financial trading exchanges where there is centralized control (such as the SEC for the stock market), the currency exchange market is not regulated by any organization at all.
This poses an extra risk for retail traders as it leaves the potential for scam 'brokers' to set up shop, take your money and basically run away with it.
That's why retail traders will have to be extra careful when choosing a broker to work with. Where possible, do try to find reputable brokers such as big banks or other well-established trading houses.
You definitely wouldn't want to risk having your money cheated by scammers who are looking to make a quick buck at your expense.
วันเสาร์ที่ 5 เมษายน พ.ศ. 2551
Automatic Forex Day Trading Systems - Choosing the Right One for Profit
Automatic Forex Day Trading Systems - Choosing the Right One for Profit
by Monica Hendrix
There are many automatic forex day trading systems on the net and they appeal to traders as they require little effort - all you do is follow the trading signals and while profits are small, they build up to a large regular income - Let's look at how to choose a good one...
While automatic forex day trading systems sound great in theory, there of little use in day trading because the logic day trading is based on simply doesn't work.
Sure you see track records of extraordinary gains - but you also see this disclaimer take a read of it and you will see the track record is worthless:
"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
If you see an automatic day trading system on the net, you will see the above warning or similar, in simple terms it means the track record is made up.
You can essentially simulate anything you like in hindsight, knowing the closing prices and that's not difficult to do. If we had the luxury of that in real time trading, we would all be millionaires in no time - sadly, forex trading is not so simple.
These systems are normally sold by marketing companies or failed brokers, who see the chance to make a quick buck at the client's expense and they are very successful at it.
So why doesn't day trading work?
1. All volatility in short time frames random and cannot be predicted.
2. In light of the above all support and resistance levels and technical indicators cannot be used.
3. By its very nature day trading breaks the fundamental rule of trading - run your profits and cut your losses. Sure you cut your losses and you have a lot of them but when it comes to profits do day trading systems run them?
Of course not - they snatch whatever they can get so, you have load of small losses and profits that don't cover them; this with the random nature of short term moves, means a wipe-out of equity.
So if you are thinking about using an automatic forex day trading system don't, it will end in tears!
by Monica Hendrix
There are many automatic forex day trading systems on the net and they appeal to traders as they require little effort - all you do is follow the trading signals and while profits are small, they build up to a large regular income - Let's look at how to choose a good one...
While automatic forex day trading systems sound great in theory, there of little use in day trading because the logic day trading is based on simply doesn't work.
Sure you see track records of extraordinary gains - but you also see this disclaimer take a read of it and you will see the track record is worthless:
"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
If you see an automatic day trading system on the net, you will see the above warning or similar, in simple terms it means the track record is made up.
You can essentially simulate anything you like in hindsight, knowing the closing prices and that's not difficult to do. If we had the luxury of that in real time trading, we would all be millionaires in no time - sadly, forex trading is not so simple.
These systems are normally sold by marketing companies or failed brokers, who see the chance to make a quick buck at the client's expense and they are very successful at it.
So why doesn't day trading work?
1. All volatility in short time frames random and cannot be predicted.
2. In light of the above all support and resistance levels and technical indicators cannot be used.
3. By its very nature day trading breaks the fundamental rule of trading - run your profits and cut your losses. Sure you cut your losses and you have a lot of them but when it comes to profits do day trading systems run them?
Of course not - they snatch whatever they can get so, you have load of small losses and profits that don't cover them; this with the random nature of short term moves, means a wipe-out of equity.
So if you are thinking about using an automatic forex day trading system don't, it will end in tears!
วันศุกร์ที่ 4 เมษายน พ.ศ. 2551
Automatic Income Generation Through Forex Trading
Automatic Income Generation Through Forex Trading
by CLIFFORD LINDSAY
Automatic income generation through forex trading is not as difficult as people usually consider it to be. Anybody who is "educated enough" can participate in this type of investing and generate profits. The key here is to be educated enough. Like any professional trader, you can also make handsome income through such investments, but you must have the correct knowledge to do that. You must be aware of the tools and strategies that can make the big difference for yourself. Let me share some of the important factors that might play an important role in documenting your success story as a forex trader.
The Right Form Of Education
Always remember that forex trading is an automatic income generation method but only for the educated traders. Therefore, it is very important for you to attain the right form of education. However, you must keep yourself away from the infomercial Forex riches classes. They may not be very helpful for the beginners. You will only end up spending lots of money with little or no return at all. Word of mouth recommendations are perhaps the best way to find the right training program regarding automatic income generation through currency trading. You should also note that there are hundreds of such training courses and materials available in the market. Therefore, it definitely pays to shop around.
Understanding The Use Of Forex Tools
Different Forex tools also play a very important role in determining the amount of profit in your venture. Some of these tools can even send you important trading signals through the email or SMS. Likewise, some tools are capable of sending you various buy and sell alerts. Most of these tools are software programs. You can get these tools from your favorite Forex trading sites on the Internet. However, make sure that your decision should not be based only on the information that is provided by these tools. In order to make the best use of the automatic income generation method, you must also do a technical and fundamental analysis thoroughly in order to decide whether you should buy or sell or simply stand aside.
Your Customized Trading Strategy
It is good that you are careful and are using tried and tested strategies, but at the same time, it is also important for you to develop your own personal trading strategy. It is, in fact, not very prudent to always rely on the suggestions of your broker. If you are capable enough, you must include your own personal game plan to ensure better automatic income generation. Always remember that a Forex trading strategy cannot be something generic. Last, but not the least, you also need to be very careful while you are setting up an account with a FOREX broker.
If you enjoyed this article and want more information on how to automate you income through Forex Trading. And Discover a proven step by step system, never revealed before to generate income automatically. Why not visit and get yourfree$67 course.
by CLIFFORD LINDSAY
Automatic income generation through forex trading is not as difficult as people usually consider it to be. Anybody who is "educated enough" can participate in this type of investing and generate profits. The key here is to be educated enough. Like any professional trader, you can also make handsome income through such investments, but you must have the correct knowledge to do that. You must be aware of the tools and strategies that can make the big difference for yourself. Let me share some of the important factors that might play an important role in documenting your success story as a forex trader.
The Right Form Of Education
Always remember that forex trading is an automatic income generation method but only for the educated traders. Therefore, it is very important for you to attain the right form of education. However, you must keep yourself away from the infomercial Forex riches classes. They may not be very helpful for the beginners. You will only end up spending lots of money with little or no return at all. Word of mouth recommendations are perhaps the best way to find the right training program regarding automatic income generation through currency trading. You should also note that there are hundreds of such training courses and materials available in the market. Therefore, it definitely pays to shop around.
Understanding The Use Of Forex Tools
Different Forex tools also play a very important role in determining the amount of profit in your venture. Some of these tools can even send you important trading signals through the email or SMS. Likewise, some tools are capable of sending you various buy and sell alerts. Most of these tools are software programs. You can get these tools from your favorite Forex trading sites on the Internet. However, make sure that your decision should not be based only on the information that is provided by these tools. In order to make the best use of the automatic income generation method, you must also do a technical and fundamental analysis thoroughly in order to decide whether you should buy or sell or simply stand aside.
Your Customized Trading Strategy
It is good that you are careful and are using tried and tested strategies, but at the same time, it is also important for you to develop your own personal trading strategy. It is, in fact, not very prudent to always rely on the suggestions of your broker. If you are capable enough, you must include your own personal game plan to ensure better automatic income generation. Always remember that a Forex trading strategy cannot be something generic. Last, but not the least, you also need to be very careful while you are setting up an account with a FOREX broker.
If you enjoyed this article and want more information on how to automate you income through Forex Trading. And Discover a proven step by step system, never revealed before to generate income automatically. Why not visit and get yourfree$67 course.
Forex Robot - Forex Easy Cash vs Doubling Stocks
Forex Robot - Forex Easy Cash vs Doubling Stocks
by Peter C Johnson
Forex Easy Cash is the latest release in terms of a forex robot which can assist in making accurate fx trades. I have approximately 5 years currency trading experience, and am always sceptical when a new product is released. For the purposes of this article I am going to draw a comparison with Doubling Stocks- one of the more successful forex robots available.
Forex Easy Cash is a client based forex robot- meaning that you have to download it and operate from one pc only. The disadvantage is that the software is not as portable however it is far more secure. Having said that forex easy cash allows anyone to completely automate their forex trading.
Like many forex robot's the sales page of Forex Easy Cash promotes a simple system which will allow you to generate consistent passive income via the generation of signals which tell you when to enter and exit a forex trade for maximum profit. I found the software itself to be simple enough, and ideal for trader's of all level's of experience.
Doubling Stocks on the other hand is not actually a physical piece of software. Rather it is essentially a subscription to an advanced forex robot which automatically emails you reasonably accurate predictions, which you then trade on manually. Doubling Stocks was developed by leading forex traders in conjunction with software analysts from Goldman & Sachs.
Conclusion
In a sense Doubling Stocks requires less input and time on your behalf- you simply do what the information tells you. Forex Easy Cash on the other hand allows you to create your own forex signals and trade automatically and independently. Overall they are both reasonable currency trading systems catered more toward novice to intermediate forex traders.
by Peter C Johnson
Forex Easy Cash is the latest release in terms of a forex robot which can assist in making accurate fx trades. I have approximately 5 years currency trading experience, and am always sceptical when a new product is released. For the purposes of this article I am going to draw a comparison with Doubling Stocks- one of the more successful forex robots available.
Forex Easy Cash is a client based forex robot- meaning that you have to download it and operate from one pc only. The disadvantage is that the software is not as portable however it is far more secure. Having said that forex easy cash allows anyone to completely automate their forex trading.
Like many forex robot's the sales page of Forex Easy Cash promotes a simple system which will allow you to generate consistent passive income via the generation of signals which tell you when to enter and exit a forex trade for maximum profit. I found the software itself to be simple enough, and ideal for trader's of all level's of experience.
Doubling Stocks on the other hand is not actually a physical piece of software. Rather it is essentially a subscription to an advanced forex robot which automatically emails you reasonably accurate predictions, which you then trade on manually. Doubling Stocks was developed by leading forex traders in conjunction with software analysts from Goldman & Sachs.
Conclusion
In a sense Doubling Stocks requires less input and time on your behalf- you simply do what the information tells you. Forex Easy Cash on the other hand allows you to create your own forex signals and trade automatically and independently. Overall they are both reasonable currency trading systems catered more toward novice to intermediate forex traders.
วันพฤหัสบดีที่ 3 เมษายน พ.ศ. 2551
What Is The Best Time Of The Day To Trade Forex?
What Is The Best Time Of The Day To Trade Forex?
by James Woolley
The forex markets are open 24 hours a day between Monday and Friday which means that anyone in the world can conveniently trade at some point during the day. However, some times are more volatile and profitable than others.
The most volatile period of the day is between 1.30 and 4.30pm UK time which is around the time that US traders start trading the markets. More significant is the fact that a lot of economic data releases are announced during this period, which can cause dramatic swings and increased volatility in the currency markets, particularly the dollar-related pairs.
However although volatility is good to an extent, it's not necessarily the best time to trade because these announcements can cause wild and unpredictable swings which generally does not equate to profits. The resulting move in the more significant of the data releases will often counteract conventional technical analysis as well making it extremely difficult to make any profits.
The only people to benefit from trading during this period are the tiny minority of news traders who are capable of benefiting from such swings.
For most of us the ideal time to trade is when you get large market moves and trends that are more predictable, conform well to technical analysis, and is during a time when there are no major economic news announcements scheduled.
Luckily such a period does exist and it is basically the start of the European trading session between 8.00 and 12.00 (or you could even say 6.00-12.00 because you often get strong moves from 6.00 onwards).
This is an excellent time to trade because it's the most heavily traded session, so you get decent sized moves, and it's generally free of any market-moving announcements so you can concentrate fully on technical analysis.
Unfortunately not everyone around the world can trade during this time due to time differences and the inconvenience of trading at an awkward time of the day, so for those people the next best time to trade is during the Asian session. The Yen related pairs in particular are the best pairs to trade during the Asian session, as you would imagine, as the other major pairs are extremely quiet during this time of the day.
So in conclusion, the best time of the day to trade the forex markets in my experience is the start of the European trading session where you get large swings and few market-moving announcements to contend with. If you're trading the major currency pairs, you will find that the other times of the day are either too quiet or too volatile, unless you're trading Yen pairs which move strongly during the Asian trading session.
by James Woolley
The forex markets are open 24 hours a day between Monday and Friday which means that anyone in the world can conveniently trade at some point during the day. However, some times are more volatile and profitable than others.
The most volatile period of the day is between 1.30 and 4.30pm UK time which is around the time that US traders start trading the markets. More significant is the fact that a lot of economic data releases are announced during this period, which can cause dramatic swings and increased volatility in the currency markets, particularly the dollar-related pairs.
However although volatility is good to an extent, it's not necessarily the best time to trade because these announcements can cause wild and unpredictable swings which generally does not equate to profits. The resulting move in the more significant of the data releases will often counteract conventional technical analysis as well making it extremely difficult to make any profits.
The only people to benefit from trading during this period are the tiny minority of news traders who are capable of benefiting from such swings.
For most of us the ideal time to trade is when you get large market moves and trends that are more predictable, conform well to technical analysis, and is during a time when there are no major economic news announcements scheduled.
Luckily such a period does exist and it is basically the start of the European trading session between 8.00 and 12.00 (or you could even say 6.00-12.00 because you often get strong moves from 6.00 onwards).
This is an excellent time to trade because it's the most heavily traded session, so you get decent sized moves, and it's generally free of any market-moving announcements so you can concentrate fully on technical analysis.
Unfortunately not everyone around the world can trade during this time due to time differences and the inconvenience of trading at an awkward time of the day, so for those people the next best time to trade is during the Asian session. The Yen related pairs in particular are the best pairs to trade during the Asian session, as you would imagine, as the other major pairs are extremely quiet during this time of the day.
So in conclusion, the best time of the day to trade the forex markets in my experience is the start of the European trading session where you get large swings and few market-moving announcements to contend with. If you're trading the major currency pairs, you will find that the other times of the day are either too quiet or too volatile, unless you're trading Yen pairs which move strongly during the Asian trading session.
Forex Affiliate
Forex Affiliate
by Shawn
Loans are normally, but not always, a financial arrangement where a sum of money is lent to another person; before the money is made available to the borrower, they will need to sign an agreement which stipulates the repayment terms. Whilst just about anything, product or service can be lent out; the information below focuses on financial arrangements only. Unlike most other types of loan, those involving cash will gradually be paid back over a period of time previously arranged; the usual repayment method is based around monthly installments but this period can be longer.
The debt is repaid but an interest charge is added for the service being provided and the method by which the lender is compensated. Although not seen as much these days one type of financial agreement ensures that the first payments made to clear the debt are in fact just the charges on the sum owed. More frequently the amount is repaid in equal installments, a portion of which is the interest.
Acting as the provider is one of the principal tasks for financial institutions. A loan is a simple way for many people and businesses to have a sum of disposable money in the bank (it's just the amounts that differ); many other cash raising methods exist but this is the simplest.
Arranging a mortgage, whilst a little more complicated, is in essence the same but the use for which it is required is not flexible and the money can never be used for anything other than buying a house or land. The financial institution is given security however; in this case the title to the house, until the mortgage is paid off in full. This security means that defaulting on the loan may leave the lender with no alternative but to repossess the property; whilst they can reclaim money owed immediately this way, they may also decide to retain the property until a later date.
Even small loans can be secured but this generally only happens when a person has a poor credit history which could be the case of a person buying a car; in much the same way as a mortgage is secured by the house itself. Car loans are generally much shorter as the useful life of a car is correspondingly reduced; for cars, this very rarely extends beyond five years.
The marketing companies are clever at disguising unsecured loans and the vast majority of people do not even realize they probably have them; credit cards, bank overdrafts and other forms of finance all fall into this category. Every bank and other financial institution has different methods to calculate the interest they charge on unsecured credit but a good rule of thumb is that store cards will be the highest followed by credit cards.
Financial companies can be caught out too when they provide cash to a person so they can gain advantage over his or her situation; also known as predatory lending. This is an area where credit card companies in some countries are also criticized as they supply cards at very high rates of interest and add on other spurious charges to the holder. Try to remember what has been written here and you might not have too many problems.
by Shawn
Loans are normally, but not always, a financial arrangement where a sum of money is lent to another person; before the money is made available to the borrower, they will need to sign an agreement which stipulates the repayment terms. Whilst just about anything, product or service can be lent out; the information below focuses on financial arrangements only. Unlike most other types of loan, those involving cash will gradually be paid back over a period of time previously arranged; the usual repayment method is based around monthly installments but this period can be longer.
The debt is repaid but an interest charge is added for the service being provided and the method by which the lender is compensated. Although not seen as much these days one type of financial agreement ensures that the first payments made to clear the debt are in fact just the charges on the sum owed. More frequently the amount is repaid in equal installments, a portion of which is the interest.
Acting as the provider is one of the principal tasks for financial institutions. A loan is a simple way for many people and businesses to have a sum of disposable money in the bank (it's just the amounts that differ); many other cash raising methods exist but this is the simplest.
Arranging a mortgage, whilst a little more complicated, is in essence the same but the use for which it is required is not flexible and the money can never be used for anything other than buying a house or land. The financial institution is given security however; in this case the title to the house, until the mortgage is paid off in full. This security means that defaulting on the loan may leave the lender with no alternative but to repossess the property; whilst they can reclaim money owed immediately this way, they may also decide to retain the property until a later date.
Even small loans can be secured but this generally only happens when a person has a poor credit history which could be the case of a person buying a car; in much the same way as a mortgage is secured by the house itself. Car loans are generally much shorter as the useful life of a car is correspondingly reduced; for cars, this very rarely extends beyond five years.
The marketing companies are clever at disguising unsecured loans and the vast majority of people do not even realize they probably have them; credit cards, bank overdrafts and other forms of finance all fall into this category. Every bank and other financial institution has different methods to calculate the interest they charge on unsecured credit but a good rule of thumb is that store cards will be the highest followed by credit cards.
Financial companies can be caught out too when they provide cash to a person so they can gain advantage over his or her situation; also known as predatory lending. This is an area where credit card companies in some countries are also criticized as they supply cards at very high rates of interest and add on other spurious charges to the holder. Try to remember what has been written here and you might not have too many problems.
วันพุธที่ 2 เมษายน พ.ศ. 2551
Forex Trading Machine, Is It For Real?
Forex Trading Machine, Is It For Real?
by Alex Gold
Trading the Forex markets has become one of the most popular activities among people from all walks in life but with the solid interest of gaining financial freedom away from the traditional environments of the office work.
But Forex trading is not always easy. You will need a good amount of knowledge related to how the currency markets behave in order to become a profitable forex trader. It is the dream of every trader to have a forex trading machine that would help them once the time to make a transcendental decision in the markets comes.
Now a days a veteran trader has been spreading the word about an original and quite revolutionary way to trade the forex markets. It is a system based on what is called Price Driven Forex Trading (PDFT).
He claims that this is at last that elusive Forex Trading Machine that has been dreamed by many traders for many years. PDFT is a system based in three trading strategies that are able to produce consistent and systematic profits for the trader that follows PDFT to the letter.
Many veteran traders agree that in order to be successful in the world of forex trading you must be original, innovative and different in your trading systems. And this is the basis of the Forex Trading Machine based on a different approach to currency trading, this is by the use of PDFT which is a method of trading the forex market without using any type of indicators, support or resistance levels, moving averages, pivots, oscillators, fibonacci, trend lines or any other trading tool you can think of. Price Driven Forex Trading only uses the price of the currency pair and a time element. Quite innovative I would say.
In short, the Forex Trading Machine is what every machine should be; this original trading system is 100% mechanical, this means it requires no discretion or interpretation. You will simply have to follow strict rules: if A = B then do C. That's it.
Is the Forex Trading Machine for real this time?, I would say yes
by Alex Gold
Trading the Forex markets has become one of the most popular activities among people from all walks in life but with the solid interest of gaining financial freedom away from the traditional environments of the office work.
But Forex trading is not always easy. You will need a good amount of knowledge related to how the currency markets behave in order to become a profitable forex trader. It is the dream of every trader to have a forex trading machine that would help them once the time to make a transcendental decision in the markets comes.
Now a days a veteran trader has been spreading the word about an original and quite revolutionary way to trade the forex markets. It is a system based on what is called Price Driven Forex Trading (PDFT).
He claims that this is at last that elusive Forex Trading Machine that has been dreamed by many traders for many years. PDFT is a system based in three trading strategies that are able to produce consistent and systematic profits for the trader that follows PDFT to the letter.
Many veteran traders agree that in order to be successful in the world of forex trading you must be original, innovative and different in your trading systems. And this is the basis of the Forex Trading Machine based on a different approach to currency trading, this is by the use of PDFT which is a method of trading the forex market without using any type of indicators, support or resistance levels, moving averages, pivots, oscillators, fibonacci, trend lines or any other trading tool you can think of. Price Driven Forex Trading only uses the price of the currency pair and a time element. Quite innovative I would say.
In short, the Forex Trading Machine is what every machine should be; this original trading system is 100% mechanical, this means it requires no discretion or interpretation. You will simply have to follow strict rules: if A = B then do C. That's it.
Is the Forex Trading Machine for real this time?, I would say yes
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