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วันศุกร์ที่ 25 กันยายน พ.ศ. 2552

Improve Your Forex Trading Profits

Improve Your Forex Trading Profits

If you eliminate your bad trading habits you will boost your trading profits. There is no doubt about that.
Do any of these situations sound familiar?

You fire up your computer and the markets look interesting. You have no specific signal but you want to make a trade. You know you shouldn't but the markets look like they are going to have a good day. You lose.

Markets are shooting higher and you missed your entry point by just a couple of pips. You know you shouldn't chase a trade but you do anyway. The market reverses almost immediately.

You suffer a big loss then another potential set up comes along. It's not a valid trade because some of your rules aren't being matched but you want to make good the losses you just made. You enter and lose. You suffer a big loss then an entirely valid trade comes along soon after. You ignore it because you're not in the mood. The trade is a big winner.

You're in a losing trade and it's heading further towards your stop loss but it's still not there. The trade turns around a little, lessening your loss. You know you should stick to the rules and exit only at your stop loss or if you get another signal, but you're getting nervous and decide to cut your losses there. The trade duly turns around and would have made a small profit.

Maybe you've experienced one of these situations or at least something similar. If so, you're not alone, virtually every trader alive will have a bad habit like one of these. Maybe you've not started trading yet, if so, have a look at this list again in a few months time. My worst habit is hesitating to enter after a big winner because I don't want to give it back. I've done the calculations and it makes no difference to my bottom line, but part of me wants to pat myself on the back and protect what profit I've just made.

The more I trade, the more I realise that the biggest barrier to success is not bad strategies but bad habits.

Don't get me wrong, you need a good system, strategy or expert to follow in the first place. But, you can have the best system in the world and still not make money from it, at least to start with. You might have a strategy with very rigid rules that make money in the long run, but you still have to have the mental discipline to follow the strategy to the letter. We have bad trading habits for one reason. Humans weren't designed to trade, we were designed to hunt and gather in small groups. There are two main parts of our brain. The first part deals with the automatic stuff like breathing and driving. The other part is the more rational section which encompasses our higher intelligence. Bad habits mainly come about through temptation or fear.

It's incredibly easy to be rational about trading and assume that in the moment of a big trade we will make the right decisions. This doesn't happen. It is not as simple as that. You might hold a trade far longer than you should or enter too quickly, but sometimes you'll get away with it. The first thing to do is to recognise your bad habits and not to underestimate them.

Keep a trading diary. Record the date, the trade, the result and your thoughts on the trade. Just the act of writing them down will make you realise that you did something wrong.

The first place to start is a simple checklist when you trade. List your trigger points and the habits to avoid and have this written in bold text next to your computer. Don't assume you'll get it right in the moment, have it there staring you in the face so you can't miss it.

One way to avoid your temptation and be disciplined is to set yourself a challenge. Enter every trade regardless of whether you have had a big win the one before or a big loss earlier in the day. Once you set your challenge, you name the stakes. Have someone to adjudicate on whether you've been successful. Make every challenge as specific as possible and achievable. Here are a few examples to follow:

1) Follow every trade for a system between 10.00 and 10.30. 2) Place every trade in a demo account instead of just writing them down 3) Progress to a small live money account and place your first trade 4) Stick to one system for one month

One last tip. Start small and eliminate bad habits one at a time, or improve a small part of that habit one stage at a time.

Forex Trading Made Easy and Profitable with an Automated Robot

Forex Trading Made Easy and Profitable with an Automated Robot

The Common Problem in Trading Forex...
It's a well known fact that you must be extremely cautious before trading Forex and there are hundreds of software products on the market that claim to increase the probability of a successful trade. However, we soon discovered that most of them were highly unreliable and didn't even update automatically as the market moved.

See, as a retired day trader with over 20 years experience on Wall Street, the one thing I know what all forex signal software designed for home users must do is provide reliability, functionality and simplicity. This way it eliminates all the complex analysis so that even a so-called 'newbie' trader with little or no experience can successfully navigate the market and pull a profit without winding up in a constant state of fear and frustration. Do not be put off though, because the simple fact of the matter is this:

Trading Forex From Home Can Be Immensely Profitable...

Believe me, there is plenty of money to be made in this area; far more than other online 'opportunities' and if you want to grab a piece of the incredible $2 Trillion dollars that is traded on the Forex market every day (and that's not a misprint), it is now easier to get started than it had ever been.

So if you're reading this and are considering starting a new highly lucrative career no matter what your background or education, then it'll be extremely worth your while.

Let's Dispel A myth...

The forex market isn't as complicated as everyone thinks. I know people who have taken $100 and have built it up into a working capital of over $1,000,000 within 1 year... and that's sitting in a home office, not working for a major trading institution.

So as I was saying, a few weeks ago, after hearing numerous horror stories from people who had been mislead into using rogue software and bogus systems to trade from and learn with, we decided to do a detailed study to discover which of the most popular trading tools are the most efficient.

In all, we reviewed 14 of the most popular forex products and interviewed over 100 'work from home' traders who had used them.

To cut a long story short, eventually we did find 2 effective programs that delivered consistent and profitable trading results and we have listed them below.

Now please bare in mind that some professional software cost in excess of $4000...and with recurring fees for data feeds. So what we did to benefit the majority of folk who want to get started with this without spending huge sums of money was to only look at ones that were between $20 and $99 and a one time fee

So read visit the following site to find out what we decided to be the most effective products...

Does Forex MT4 EA (Expert Adviser) Really Work?

Does Forex MT4 EA (Expert Adviser) Really Work?

Does Forex MT4 EA (Expert Adviser) Really Work?
The answer is Yes and No.

It seems that everybody else is making profit using Forex automated robot but you. All Forex robot seems to be very profitable looking at their sales pages, but once you try it, the result is totally different. Sounds familiar? How does this happen?

Each Forex robot, either be Meta Trader Expert Adviser or VT trader robot, has different strategies and logic and act differently. They all show great results on their page, but be aware it may not be a real result.

First thing you need to watch out is, is the result showing on their sales page back test or real account? Most of the time, they show only back test and does not show the real money trading result. Why? Because they never used it for real account. Their purpose of their sales page is to sell the robot, not to profit from Forex with the robot. It does not matter if the robot really generates any profit, what matters to them is to sell the robot to hundreds of people for profit.

This is why there are many robots here today and gone tomorrow. They just keep creating robots, sometimes they just change the name and sell it again online. This explains why their sales pages are so similar. This explains why you never be able make any profit on Forex market.


So are all Forex EA robots junk?

Not quite.

I mentioned that you need to watch out where the results are coming from. If the page shows only back test results, then forget about it. It will not work. But there are just a few, that actually shows their real money trading result. This is what you need to look for.

Here is the rule I use when I look for a Forex EA Robot.



1. Does it show real trade result?
This is most import rule of all. If they cannot show the real live account result, then that means they never tried or it failed when they tried. If it is a real Forex robot, they should be able to show the result without any problems.

2. Does the result show constant profit or aggressive pattern?
If the result shows little by little increase in lot they are trading, it is good to go. But some result shows really crazy trading method. Starting with $10,000, and trade 1 lot per trade, go up rapidly up to 10 lots per trade at the end of the month. This is unreal.

3. Does it trade 100% auto pilot?
This is up to you, but for me, I want the robot to do everything for me. No manual intervention necessary. That's the ideal Forex EA Robot.

4. Does it use Stop Loss?
If you hold the all losing trade until the price moves in your favor, then everybody wins of course. What if you have a open positions losing 1000 pips each? What if you have 2 or 3 of these losing positions? Or more? The robot should come with the logic to use the stop loss to prevent to lose everything!

5. How often does it open a trade?
Does it trade often enough to generate decent profit even if I use mini lot? If the robot has only like 5 trades per month, and have to trade like 10 lots per trade to generate a good profit, it is too risky.



You can closely examine each Forex Robot using these rules. You will start seeing which one is junk robot and which one is good one. I have looked many EA robots until now, but not many has passed this test. Actually there's only one I use and trust today.

This Forex robot works on Meta Trader (MT4) platform and works pretty well. It is best used with EUR/CHF, EUR/GBP and EUR/USD. It does everything for you, even the risk management. If you are thinking to get 1 or 2 robot, this is the must have Forex system.

วันพุธที่ 23 กันยายน พ.ศ. 2552

Benefits Of Forex Trading

Benefits Of Forex Trading

The truth is that there are millions of forex traders all over the world. In fact, even your own government invests in the market through the use of government bonds, which are considered to be one of the most secured forms of securities. You may ask then, "Why are there so many who are going crazy over it?" Here are some of the best possible reasons:
1. It operates 24/7. Unlike other businesses, forex market operates 24 hours a day, 7 days a week, except during the weekends. This means that you can trade your funds as many times as you want at any given day. Moreover, since this can already be accomplished online, you can be anywhere in the world too and still reap profits out of your investments.

2. It is not equal to gambling. Here is the common misconception of forex sceptics. They would like to think that investing your money in forex is actually time-wasting because it is almost equivalent to gambling.

It is not. First, you have all the predetermined factors and analyses tools that you can use to come up with your own prediction of the future. If you know how to read trends very well, you can already determine if you are going to earn profits or lose money if you are going to trade today or in the coming days. If you lose, therefore, it is going to be your fault, not on chance.

3. It is liquid. What do we mean by liquid? It means that your money is easily converted to cash without any price discount. If you can just make your decisions properly, it is not impossible for you to obtain thousands of dollars and international currencies into your account within the day.

4. Asking for help is very easy. You do not really have to do trading on your own. It is even recommended that you work with a forex broker if you are totally new into the market. Forex brokers have intermediate to expert knowledge when it comes to currency trading. They can also represent you during the trading, just in case you are planning to do other things on the side. They can analyze reports for you and simply provide you with summaries for easy reading. Most of all, if you need suggestions or confused with what decision to make, you can always rely on their experience and expertise.

5. You can have more control over what you do with your account. Forex does not have any restriction when it comes to directional trading. This means that you can buy certain currencies if you think that they are going to increase in value later. You can also sell what you have if you believe that their exchange rate will drop anytime soon.

6. It aids in international trading. Banks and governments depend on forex trading if they wish to make investments on certain countries. It allows them to decide the best times to make an import or amass funds they need for their export.

Get Ready To Make Money By Forex Money Trading-Some Tips

Get Ready To Make Money By Forex Money Trading-Some Tips

With the help of forex money trading, you can earn good amount money without much troubles. With some tips and important tools, you can really make wonders in this field.

Today, when the whole world is struggling with recession, there is still one ray of hope for people to earn money. That hope is in the form of forex exchange trading that is on its boom. With the help of this option, an endless number of people are able to earn a very good amount of returns on their investment.

If you are also puzzled because of inability to make good money, then you can try for the option of forex money trading. But first you should know what it is? As the name implies, it is a form of forex trading where money or currency is traded. Here, the money is made by selling or buying the currency and to help them, fluctuations play a very important role. Thus the person makes money by buying or selling currencies in this form of trading.

Unlike other trading options where the degree of risk associated is very high, that is not the case here. With luck, what is more required in this trading option is the updated knowledge of the market and eye on conversions taking place in the currency. Thus, with knowledge and updated information, a person can earn a good amount of money by such form of trading.

But now the question emerges. How can the person easily keep an eye on the instant turning events? How to avoid the chance of missing even single crucial information? The answer for all such queries lies with the tools known as forex software system trading. With the help of this tool, a person can easily overcome the above mentioned troubles and can make the best put of every opportunity to earn money.

However one thing is very important to be considered here and that is to choose only the reliable and effective product or else it can result into severe loss. So with wise selection and good knowledge, you can earn good money through forex money trading.

Forex Online System Trading-The Smart Way To Earn

Forex Online System Trading-The Smart Way To Earn

Forex online system trading is the best option to earn money by working at the comforts of home. Get known to this trading to start earning extra today.

For investors, forex trading is one such option that helps them to earn an endless amount of money without taking much pain. For those who are unaware of forex trading, it is noteworthy that in actual sense, it is trading with currencies. In addition, there is one more important fact regarding forex trading. It does not require any office as all the activities are done over internet.

So, if you have an internet connection and a computer, then you can start earning through forex online system trading from the comforts of your home.

Unlike other form of trading where special training or knowledge is required, online forex trading is relatively easy. In the case of online forex trading, the person is just required to keep a close watch over the market to understand the prevailing trends and the market rates. Also to make the things easier for the user, there are various good websites for forex trading available.

However, just like any other business activity, here, thorough research is required before selecting any website for successful online trading. It is also important to continue trading with the predetermined goals or objectives so as to ensure better returns.

For making money online with currency trading, it is important to consider various important aspects. As stated above, under this form of trading, the investor is required to have the most updated knowledge of the market developments.

If you are a learner and are thinking of starting online forex trading, then there is absolutely no reason to worry. To make your things easier, there is even an option of auto forex trading available. You can trade with the help of software that makes your trading much easier. The best part of such software is that you can configure them as per your requirement.

So start earning today only with the help of forex online system trading.

วันพฤหัสบดีที่ 17 กันยายน พ.ศ. 2552

Forex Market Vs Stock Market - The Difference

Forex Market Vs Stock Market - The Difference

The FX market is likewise known as the foreign exchange marketplace. Trading can take place between two countries who have unique kinds of money they lay the groundwork for the FX market as well as the background for the the trading in this market The FX market is over 30 years old, set up in the 1970's and is one that is not based on any one business concern or speculating in any one business, but the trading and selling of monetary systems.
The main difference between the fx market and the stock market that difference is the amount of trading that goes on here an amazing two trillion dollars or more can be traded each day A much higher amount than the money traded on any given country's stock market. The forex market is one that involves one countries financial institutions as well as government institutions and those similar types of institutions from other countries.

What is traded, bought and sold on the forex market are easily liquidated which means they can be turned into cash fast often times it is cash already From one countries currency to another the cash that is available in the fx market is something that can be arranged for any investor regardless of what country they are in.

The most prevalent difference between the fx market and the stock market the fx market is global. Where as the stock market only happens in one country due to dealing with the businesses and products in that country the foreign exchange market goes beyond that and involves any and all countries.

The business day for the stock market typically this is going to follow the business day, so the stock market is closed on bank holidays and weekends. Whereas the FX market is open 24 hours a day because countries from all over the world are involved in trading buying and selling across different time zones. When one market opens other countries are closing their markets which makes this an ongoing process of how the foreign market training happens

The stock market in any country is going to be based on only that countries currency, so the French francs, and the French stock market, so the Pakistani rupee and that Pakistan stock market or the United States stock market and the dollar. However, in the forex market, because you are involved with different countries and multiple currencies. You will find references to a variety of currencies, making this the biggest difference between the stock market and the forex market.

Stock Trader Trading Tips & Unexpected Predictions

Stock Trader Trading Tips & Unexpected Predictions

Are you looking for stock trader trading tips online? then I can help you. I think alot of people think stock trading is too risky or complex but if you do your best to keep things simple it actually is not that hard at all to manage and up keep for huge profits.
I think the biggest challenge, especially on the internet is not getting distracted with to much information. Just a few minutes ago I was online and I found myself checking my email being sent on a wild goose chase to checkout a new product or promotion and 30 minutes went buy in which I could have gotten something done.It almost seems as if there is a new product out to review and look at every time you look up. That is why it is so difficult to get things done when you are talking about the internet and time. I managed to dig up these 3 tips today: 1. If you are somewhat new to trading stocks you should start with low lots of shares like 100. 2. Avoid jumping in orders of 1000+. A share with 100 orders is easier then 1000 order. 3.Know where your exit points in the trade will be including your stock loss value which is important.


So why should you listen to me and who am I. Well, if your into stock trader trading or forex then I want you realize I am no expert, sorry but I'm just a regular guy who does research on topics and then I just take notes and tell people about my findings by blogging,articles, and comments.

I've made a blog on stock trader trading that has a free download that you can check out by clicking on the banner or just reading some of the information that I have on stock trader trading and stocks.

Forex Trading Terminology

Forex Trading Terminology

Account : Record of all transactions. Account Balance : Same as balance. Accumulation Line : See Distribution Line. Aggressor : A trader dealing on an existing price in the market. All or None : A limit price order that instructs the broker to fill the w... AMD : ISO 4217 currency code, Currency used in Armenia, called Drams. Apics Survey : Economical indicator, A composite diffusion index of natio... At the price stop-loss order : A stop-loss order that must be executed at... At-the-Money : An option whose strike-exercise price is equal to or near ... Attorney in Fact : Person who is allowed to transact business and execute...

See all the definitions of the terms starting with the letter A.

B

Bearish Harami : A two day pattern that has a small body day completely c... Bearish Harami doji : A two day pattern similar to the Harami. The differ... Bid Price : The price at which an investor can place an order to buy a cu... Big Figure : Refers normally to the first three digits of an exchange rat... Bilateral grid : An exchange rate system that links all the central rates... Bollinger bands : A quantitative method that combines a moving average wi... Broker : An agent, who executes orders to buy and sell currencies and rel... Bullish Harami cross : A two day pattern similar to the Harami. The diffe... Business firms establishment survey : See Business firms survey. Buying Rate : Rate at which the market and a market maker in particular i...

See all the definitions of the terms starting with the letter B.

C

CBOT : Chicago Board of Trade. CDF : ISO 4217 currency code, Currency used in Congo/Kinshasa, called Con... Classes of options : The types of options: calls and puts. Cleared Funds : Funds that are freely available, sent in to settle a trad... Collateral : Something given to secure a loan or as a guarantee of perfor... Combination spread : Synthetic future. A compound option strategy that co... Condor spread : A compound option strategy that consists of either four s... Counter Currency : The second listed Currency in a Currency Pair. Currency Risk : The possibility of an unfavorable change in exchange rate... CVE : ISO 4217 currency code, Currency used in Cape Verde, called Escudos...

See all the definitions of the terms starting with the letter C.

D

Day Trade : A trade opened and closed on the same trading day. Day Trader : Speculators who take positions which are then liquidated pri... Deal Date : The date on which a transaction is agreed upon. Delta : The change in the value of the option premium made fully paid by ... Devaluation : Deliberate downward adjustment of a currency against its fi... Diamond : A minor reversal pattern that resembles a diamond shape. Discount forward spread : A forward price that is deducted from a spot pr... Distribution Line : A technical indicator that attempts to quantify the f... Durable Goods Orders : Economical indicator, Durable goods orders reflect... DZD : ISO 4217 currency code, Currency used in Algeria, called Algeria Di...

See all the definitions of the terms starting with the letter D.

E

EOD : See End Of Day Order Eurocurrency : A currency domiciled outside its country of origin normall... European Commission : The executive body of the European Economic Communi... European Joint Float Agreement : European monetary system established in ... European Monetary Cooperation Fund : EMS fund established to manage the E... European Monetary Union : Abbreviated EMU. The principal goal of the EMU ... European Option : An option that can be exercised only on its expiration ... Exercise Price : See Strike price. Exercise strike price : The price at which the underlying currency will b... Exotic : A less broadly traded currency.

See all the definitions of the terms starting with the letter E.

F

Factory Orders : Economical indicator, The dollar level of new orders for... Fed Funds : Cash balances held by banks with their local Federal Reserve ... Federal Reserve Board : The board of the Federal Reserve System, appointe... Fill Price : The price at which a buy or sell order was executed. Financial Accounting Standards Board s Statement Number 52 : Abbreviated ... Financial Risk : The risk that a firm will be unable to meet its financia... Floor traders locals : Exchange members who execute their own trades by b... FOMC : See Federal Open Market Committee. Forward Deal : A deal with a value date greater than the spot value date. Forward Operations : Foreign exchange transactions, on which the fulfillm...

See all the definitions of the terms starting with the letter F.

G

G5 : The Group of Five. The five leading industrial countries, being US, ... Gap : A mismatch between maturities and cash flows in a bank or individua... GDP : See GROSS DOMESTIC PRODUCT. Genetic algorithms : Method used to optimize a neural network. Trial and ... GGP : ISO 4217 currency code, Currency used in Guernsey, called Pounds. GNP : See Gross National Product. Golden cross : An intersection of two consecutive moving averages that mo... Good Until Canceled : (GTC) An instruction to a broker that unlike normal... Gross National Product Deflator : See Gross National Product Implicit Def... GYD : ISO 4217 currency code, Currency used in Guyana, called Dollars.

See all the definitions of the terms starting with the letter G.

H

Hammer : A candlestick with a long lower shadow and small real body. The ... Harami : A candlestick that forms within the real body of the previous ca... Harmonised Index of Consumer Prices : Economical indicator, The harmonise... Head and Shoulders : Pattern in price trends which chartists consider ind... HICP : See Harmonised Index of Consumer Prices. Historical Volatility : The annualized standard deviation of percentage c... HKD : ISO 4217 currency code, Currency used in Hong Kong, called Dollars. HNL : ISO 4217 currency code, Currency used in Honduras, called Lempiras. HTG : ISO 4217 currency code, Currency used in Haiti, called Gourdes. HUF : ISO 4217 currency code, Currency used in Hungary, called Forint.

See all the definitions of the terms starting with the letter H.

I

IFO Business Climate in industry and trade : Economical indicator, The If... IMF : See International Monetary Fund. Implied Volatility Skews : The implied volatility varies for different st... Inflation : Continued rise in the general price level in conjunction with... Initiation margin : A margin paid by the trading party in order to trade ... Interest rate risk : Amount of mismatches and maturity gaps among transac... Interest-Rate Carry : The income or cost associated with keeping a foreig... Introducing Broker : A person or corporate entity which introduces accoun... Inverted hammer : See Shooting star. Irikubi : A bearish two-day candlestick combination. It consists of a mod...

See all the definitions of the terms starting with the letter I.

J

J-Curve theory : Devaluation of a currency will trigger export gains in t... JEP : ISO 4217 currency code, Currency used in Jersey, called Pounds. Jittai Body of the candlestick : (See Candlestick chart.) JMD : ISO 4217 currency code, Currency used in Jamaica, called Dollars. Jobber : A trader who trades for small, short-term profits during the cou... Jobless Claims : Economical indicator, A weekly compilation of the number... JOD : ISO 4217 currency code, Currency used in Jordan, called Dinars. Journal of Commerce Index : Index that consists of the prices of 18 indus... JPY : ISO 4217 currency code, Currency used in Japan, called Yen.

See all the definitions of the terms starting with the letter J.

K

Kabuse : See Kabuse (dark cloud cover). Karakasa (hangman at the top, hammer at the bottom) : A bearish candlestick... Kirikomi : A bullish two-day candlestick combination. It consists of a bl... Kiwi : Slang for the New Zealand dollar. Knock In : A process where a barrier option (European) becomes active as ... Knock Out : Has a corresponding meaning although the option may permanent... Knockin : A plain vanilla option that does not exist until the trigger is... Koma : See Koma (spinning tops). KWD : ISO 4217 currency code, Currency used in Kuwait, called Dinars. KYD : ISO 4217 currency code, Currency used in Cayman Islands, called Dol...

See all the definitions of the terms starting with the letter K.

L

Last Trading Day : The day on which trading ceases for an expiring contra... LIBID : See London Interbank Bid Rate. Limit : (1)The maximum price fluctuation permitted by an exchange from th... Limit Order : An order to buy or sell a specified amount of a security at... Liquid Markets : The ability of a market to buy and sell at ease with no ... London Interbank Offered Rate : Abbreviated LIBOR. The rate charged by on... London International Financial Futures Exchange and Options Exchange : Ab... Long Position : In foreign exchange, when a currency pair is bought, it i... Long white line : This is a bullish line. It occurs when prices open near... LSL : ISO 4217 currency code, Currency used in Lesotho, called Maloti.

See all the definitions of the terms starting with the letter L.

M

MAD : ISO 4217 currency code, Currency used in Morocco, called Dirhams. Margin Account : An account that allows leverage buying on credit and bor... Market Maker : A market maker is a person or firm authorized to create an... MFI : See Money Flow Index. MGA : ISO 4217 currency code, Currency used in Madagascar, called Ariary. Ml : Money supply measure that is composed of currency in circulation (ou... MM : Money Markets. Momentum : An oscillator designed to measure the rate of price change, no... Money Markets : Refers to investments that are short-term (i.e. under one... Morning Doji star : This a doji star in a downtrend followed by a long, w...

See all the definitions of the terms starting with the letter M.

N

Naked intervention (unsterilized intervention) : A central bank interventio... NAPM : See National Association of Purchasing Managers Index. National Association of Purchasing Managers Index : Abbreviated NAPM. A s... Nearby Month : The nearest actively traded delivery month, a.k.a. current... Net Position : The number of futures contracts bought or sold which have ... Netting : A process that enables institutions to settle only their net po... Neural networks : Computer systems that recognize patterns. They may be u... Neutral spread : See Neutral spread (delta-neutral spread). Neutral spread (delta-neutral spread) : A compound option strategy that con... NPR : ISO 4217 currency code, Currency used in Nepal, called Nepal Rupees...

See all the definitions of the terms starting with the letter N.

O

OCO : See One Cancels the Other. OECD : See Organization for Economic Cooperation and Development. OMIC : See Open Market Investment Committee. Open Market Operations : Central Bank operations in the markets to influe... Open Order : Buy or sell order that remains in force until executed or ca... Optimal options : Options that refer to the most favorable rate of the un... Option writers : Option sellers. Options : An agreement that allows the holder to have the option to buy/s... Over Bought or Over Sold : See long and short. Overnight Position : Trader´s long or short position in a currency ...

See all the definitions of the terms starting with the letter O.

P

Parabolic SAR : A technical chart overlay that attempts to show where pri... Percentage Volume Oscillator : Abbreviated PVO. The PPO indicator applied... Philadephia Fed Survey : Economical indicator, A composite diffusion inde... PIBOR : See Paris Inter-bank Offered Rate. Points : See Pips. Price : The price at which the underlying currency can be bought or sold. Price Channels : Technical overlays that form boundaries above and below ... Producer Price Index (PPI) : PPI is a measure of the average level of price... Purchasing power parity : Abbreviated PPP. Model of exchange rate determi... Put-call-forward exchange parity theory : Abbreviated PCFP theory. A rela...

See all the definitions of the terms starting with the letter P.

Q

QAR : ISO 4217 currency code, Currency used in Qatar, called Rials. Quota : (1) A limit on imports or exports. (2) A country´s subscrip... Quote : An indicative price. The price quoted for information purposes bu...

See all the definitions of the terms starting with the letter Q.

R

Rate of change : Abbreviated ROC. A momentum oscillator in which the olde... Reaction : A decline in prices following an advance. Reserve Tranche : The 25% of its quota to which a member of the IMF has u... Reserves : Funds held against future contingencies, normally a combinatio... Resistance level : The peaks representing the price level at which supply... Revaluation Rates : The revaluation rates are the market rates used when ... Risk Position : An asset or liability, which is exposed to fluctuations i... Rounded top (saucer) : A bearish reversal pattern that consists of a very s... RSI : See Relative Strength Index. RUB : ISO 4217 currency code, Currency used in Russia, called Rubles.

See all the definitions of the terms starting with the letter R.

S

SDG : ISO 4217 currency code, Currency used in Sudan, called Pounds. Settlement Price : The official closing price for a future set by the cle... Shooting star : The inverted hammer and shooting star look exactly alike,... Snake : The nickname of the European Joint Float Agreement´s 2.25 p... Speedlines : Support or resistance lines that divide the range of the tre... Spot Next : The overnight swap from the spot date to the next business da... Stochastic Oscillator Full : See Stochastic Oscillator (Fast, Slow, and F... StochRSI : A technical indicator that helps traders see what the RSI indi... Stocky : Market slang for Swedish Krona. SZL : ISO 4217 currency code, Currency used in Swaziland, called Emalange...

วันอาทิตย์ที่ 13 กันยายน พ.ศ. 2552

Forex Trading System Venture

Forex Trading System Venture
One of the biggest trading markets in the world is the foreign currency exchange market. It is also one of the most attractive trading markets as it is open to online trading or trading through the internet. Forex trading can be very profitable and it is important that you do substantial research to have a better understanding of the forex market before you decide to participate in trading.
In choosing a forex trading system to use, try to review testimonials posted by people who have actually used the system. Take note of those who do not like a certain system and list down their reasons for not being satisfied with that forex trading system. However, most testimonials and reviews that you will come across online will often speak of good points and satisfaction with the forex trading system being marketed. Take extra caution in totally believing reviews and testimonials. Always do proper research so you can better understand a system that is new to you.

As a good trader, you need to be emotionally detached in making trading decisions. One of the attributes of good traders is that they accept losing. Your trading decisions must not depend on fear and greed. Make decisions based on an intellectual level. Traders who get emotionally involved in trading make hasty decisions resulting in substantial errors. They try to whimsically change their strategies after a few losses. In case of a few winning trades they become carefree.

Make no mistake about it, no matter how much you study, practice and trade; there will be stretches of losing trades. The key is to make losing trades small enough in order to live to trade another day. By using good money management rules, you can overcome a lot of bad luck in your trading.

In order to master trading, you need to control your emotions. Many new methods have been introduced to traders but the one constant is the human emotional behavior. After all, markets are just the reflection of these emotions.

In order for you to make the best choice to make a good profit, then you might find that you have to sift through the hundreds of online trading systems that are on offer. But what should you look out for when it comes to finding the best choice in Forex trading systems?

If you would like to learn more about how to make profit with a Forex trading system and which systems are available to you, then run a quick search on the internet for lots of helpful links and advice that can help make you money almost instantly. Many are available with free trials before spending money on it. Various programs are available with several valuable options and functions.

There are many forex trading courses and educational material that a person can find online. However how does someone go about finding the best Forex trading education information? Certainly there are huge amounts of information that will educate you about Forex trading, but not all of it will help you to achieve your goals of making a profit rather than losing.

Covering the basics of the forex market

Covering the basics of the forex market

Covering the basics of the forex market
The foreign exchange, or forex, market is relatively young, having begun in the early 1970s after the United States dropped the gold standard and national currencies started to fluctuate widely. For about 30 years prior to that, most nations had agreed to keep their currency values stable in relation to the U.S. dollar, making a forex market unnecessary. With that no longer the case, banks quickly realized that a profit could be made in "buying" currency when it was devalued and "selling" it after it strengthened, just like any other commodity.

Today, the forex market handles about $1.9 trillion in transactions every day, and it runs 24 hours a day, five days a week. (With nations around the world involved, it's always daytime somewhere.) The most traded currencies are the U.S. dollar, the euro, Japanese yen, British pound, Swiss franc and Australian dollar.

The forex market is overwhelmingly dominated by international banks, government banks, investment banks, corporations, and hedge funds. In fact, individual traders account for only about 2 percent of the market. Nonetheless, a lot of people do try their hand at it, with varying degrees of success.

In the forex market, transactions are always handled in pairs: You buy one currency and sell another one. The idea is to make a trade when you believe the currency you're buying is going to go up in value compared to the one you're selling. Then, if it turns out your prediction was correct, you do another trade in the reverse direction -- selling the currency you originally bought and buying the one you sold -- in order to reap the profits.

For example, let's say the market reports this: GBP/EUR 1.2200. That means the cost of buying one British pound is 1.22 euros. If you believed that course was going to change, and the euro was going to become more valuable than the pound, you might sell 100,000 pounds, buy 100,000 euros, and wait. Then let's say a few weeks later, the exchange rate fluctuates to this: EUR/GBP 1.3100. Sure enough, the euro is now worth 1.31 pounds, a profit of 0.11 per unit.

The forex market is vast and daunting and mostly inhabited by giant organizations. But it can be navigated by individuals who have studied the finer points and who want to take a risk on something potential profitable. And since the whole world uses money, the trading of that money is always going to be a major force in the financial world.

Learning To Practice In The International Forex MarketLearning To Practice In The International Forex Market

Learning To Practice In The International Forex Market

You will discover many games and simulations online while learning the methods involved in forex market trading. The forex markets include countries from around the planet, where all countries involved are using assorted currencies, and when faced next to each other are worth more or less than the first valued currencies that are being traded. The forex markets are used to build wealth in, for governments, banks, and brokers, and for many countries.
To get on track in learning on the subject of forex trading, you will need to locate the forex trading software education-learning method you would like to utilize. As you discover the games, such as they are called, you will enter information with reference to yourself, in relation to what you are interested in studying and subsequently you will download software to your PC. In following the 'game', you will find out how to generate and lose money in the forex trading market. This type of game is available to make you extra aware of what happens day after day, how the markets open and shut, and how diverse the various countries currencies really are.

You will start an online 'account' using the gaming method. You will then be able to read the news, discover and compare markets, and you will be able to create false trades so you can watch your money build before it is eaten away in losses. As you gain knowledge of the method, using it a small amount of times a week, you are going to be extra prepared, more educated and you will be equipped to make use of the forex trades to generate money. Of course, you could still want the help of a broker or else a an organisation to make your transactions come about, but you will better understand the process, what will occur, and what calls you could need to make when you read regarding the forex news, the markets, and the currencies in other countries.

The forex market is also recognized as the FX market. If you are interested in joining the millions who are earning excellent money in the forex markets, you need to make sure you are dealing with a banker of first-rate reputation or an organisation involved in forex trading. With the spur of interest in the forex markets, there are many types of companies that are popping out on the Internet appearing to be legitimate forex trading companies but in actuality, they are not. Forex trading can be fulfilled through a stockbroker, an organisation that deals in the funds, and from inside your own nation. IE, the United States has many rules, regulations and laws about forex trading and what organisations are allowed to operate with the community dealing with International Forex trading and markets.

วันศุกร์ที่ 4 กันยายน พ.ศ. 2552

Why Trading Forex Now Beats The Stock Market

Why Trading Forex Now Beats The Stock Market

You've likely heard the term currency exchange lately - it is becoming one of the hottest trading trends in the markets today. That's a trend we suspect will continue but today, I would have liked to take some moments to identify why as well as why you should exploit trading foreign currencies.

Just a couple of years back, the foreign-exchange markets were dominated by the giant brokers and major banks around the world. Today, the 'little guys' have gotten in on the action - and the growth in currency trading has increased from $1.9 trillion to nearly $3 trillion in that short space of time ( that's the median daily turnover in the markets - a 50% expansion in turnover ).

But why should you trade Forex?

First, the currency exchange markets are highly liquid ( in the major pairs ) and have a powerful disposition to 'trend' regardless of what has happened in other markets ( stocks, commodities, bonds ).

That liquidity also creates incessant volatility - and the volatility is where the ability to profit from those trends occurs. The larger the volatility, the bigger the profit potential.

second, the stock markets have been beaten down, rallied, fallen, rallied - and there are robust suggestions that another 'fall' is coming. The doubt in these markets is keeping them from a specific direction, or trend. In the forex markets , however , traders do not need to fret about'bull' or'bear' markets - the currencies are always in a trend ( whether up, down or sideways ).

similarly, the financial upheaval driven by the credit crisis and the large executive responses means investing or trading in the stock markets will never be the same - but these same events helped to create even bigger opportunities in the foreign exchange markets.

currency trading isn't without any risk - and frankly, the general public approach the forex markets absolutely inaccurate. The present commercial and financial conditions make this one of the finest times to take on foreign exchange trading, but only if done right.

35+ year trading veteran and currency exchange teacher, Bill Poulos, has lately released a new video on the RIGHT way to approach trading currency exchange.

See, most traders go into forex trading with the idea of getting rich quick. And they come out pretty poor.

What Bill shows you is how to get into trading forex by handling risk FIRST and taking profits SECOND. It's completely turning the currency exchange community the wrong way up.

Free Online Forex Trading Information