Saturday, January 27, 2007

Profit about

Free Elliott Wave Course
Low Risk/High Reward tradeswith our unique isolation approach
Unlike trading on the stock market, the forex market is not conducted by a central exchange, but on the “interbank” market, which is thought of as an OTC (over the counter) market. Trading takes place directly between the two counterparts necessary to make a trade, whether over the telephone or on electronic networks all over the world. The main centres for trading are Sydney, Tokyo, London, Frankfurt and New York. This worldwide distribution of trading centres means that the forex market is a 24-hour market.Automated Trading SystemAutomated Forex Buy/Sell Signals, 700 pips per month, Average ProfitHow To Trade The Forex Market With A Secret Trading Formula Only a Handful Of Traders Know. ... You learn everything you need to know about trading forex.Be part of the fast growing online Forex community - we offer Forex trading, Forex and Currency Training, Forex Forum and Forex Support, trailing stops ...Trading on MarginTrading on margin means that you can buy and sell assets that represent more value than the capital in your account.

Forex Trading Made Easy
A Simple Strategy to Make The ForexMarkets Your Personal Cash Machine!
Forex trading is usually conducted with relatively small margin deposits. This is useful since it permits investors to exploit currency exchange rate fluctuations which tend to be very small. A margin of 1.0% means you can trade up to USD 1,000,000 even though you only have $10,000 in your account. A margin of 1% corresponds to a 100:1 leverage (or 'gearing'). (Because USD 10,000 is 1% of USD 1,000,000.) Using this much leverage enables you to make profits very quickly, but there is also a greater risk of incurring large losses and even being completely wiped out. Therefore, it is inadvisable to maximise your leveraging as the risks can be very high. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.Trading ForexA currency trade is the simultaneous buying of one currency and selling of another one. The currency combination used in the trade is called a cross (for example, the Euro/US Dollar, or the GB Pound/Japanese Yen.). The most commonly traded currencies are the so-called “majors” – EURUSD , USDJPY , USDCHF and GBPUSD .The most important forex market is the spot market as it has the largest volume. The market is called the spot market because trades are settled immediately, or “on the spot”. In practice this means two banking days.Why trade Forex?24 hour trading One of the major advantages of trading forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.Superior liquidityThe forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market, especially that of the major currencies, helps ensure price stability and narrow spreads. The liquidity comes mainly from banks that provide liquidity to investors, companies, institutions and other currency market players.No commissionsThe fact that forex is often traded without commissions makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis. Trading the “majors” is also cheaper than trading other cross because of the high level of liquidity. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.100:1 LeverageLeverage (gearing) enables you to hold a position worth up to 100 times more than your margin deposit. For example, a USD 10,000 deposit can command positions of up to USD 1,000,000 through leverage. You can leverage the first USD 25,000 of your investment up to 100 times and additional collateral up to 50 times.Profit potential in falling marketsSince the market is constantly moving, there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency. When you trade currencies, they literally work against each other. If the EURUSD declines, for example, it is because the U.S. dollar gets stronger against the Euro and vice versa. So, if you think the EURUSD will decline (that is, that the Euro will weaken versus the dollar), you would sell EUR now and then later you buy Euro back at a lower price and take your profits. The opposite trading scenario would occur if the EURUSD appreciates. Our Referring Party Program is an easy way for you to offer forex trading to your customer base. Comparable to the introducing brokers in the futures trading business, you and your organization receive significant referral payouts for introducing business to Global Forex Trading.When compared to other trading products you can offer your customers, forex trading allows for a greater probability for your organization to meet and exceed its overall sales goals. We support a referring party network of large and small introducing organizations throughout the world, managing billions of dollars in forex trading volume.“We welcome you and look forward to assisting you every step of the way. By leveraging our experience, processes and technology, you can stay focused on what you do best to meet your business needs and sales goals.”As the first step, please complete the form below so we can connect you to the appropriate GFT professional who can assist you with our Referring Parties Program.

Saturday, December 30, 2006

Forex Trading Tips

Take responsibility for your capital.
Cut your losses and let your Profits Run.
Have a Disciplined Plan.
Keep your trading simple.
Do not stay with a losing trade.
Do not overtrade.
Take responsibility for your capital.

Fact: It is always easier for people to place their savings and funds in other peoples hands, accept the losses as its easier to blame someone else than to take responsibility of those funds themselves. The first step as a trader is believing in yourself and your own capabilities. One of the most startling discoveries when you start trading is how many “experts” get it so wrong so often – just listen to them after funds are lost! Self confidence comes by itself when you begin to understand that with a solid background and good knowledge, discipline and a well defined trading plan that you will often outperform many expert traders.

Fact: The Forex market moves several times faster than any other market and with leverage, the rewards and losses compound many times. The best way to overcome the thought of using your own money and the volumes (Lots) you will be trading is to forget about “money” and talk in terms of points. Important: Rather than calculate your profit and losses in terms of “dollars” think in terms of gains and losses in “points”. Adopt this view very early in your trading!
When starting out trading a demo account most start-up traders normally do quits well. They trade without fear because there is no “real” money to lose. As soon as its “real” money, they suddenly find themselves trading in a manner where they miss many opportunities and accumulate many losses. Simply put they loose their nerve and give into fear or greed. Try to trade without the thought of how much money you may gain or loose. Important: Trade thinking of points, even if you are trading a demo account.

Cut your losses and let your Profits Run.
This concept is one of the most difficult to implement and is the cause of most traders going into losing trades. Stay with your original trading plan, most traders do not keep to their predetermined plan and take their profits before reaching their profit target because they feel uncomfortable sitting on a profitable position.
These same traders will easily sit on losing positions, allowing the Forex market to move against them in the hope that the market will come back. In addition, traders who have had their stops hit a few times only to see the market go back in their favour once they are out, are quick to remove stops from their trading on the belief that this will always be the case. Stops are there to be hit, and to stop you from losing more money then your predetermined plan!
If you can get 3 out of 6 trades to be profitable then you are doing well. How then do you make money with only half of your trades being winners you ask yourself? - You simply allow your profitable trades to run and make sure that you cut your losses very, very early.
Note: A good strategy is to move your stop losses (the point the trade will be sold if it goes the wrong way) behind the trade to a level where a pull back can be accommodated but a reversal will lock in at least some profit.

Have a Disciplined Plan
Trade with a disciplined Plan. The problem with many traders is that they take shopping more seriously then trading. The average shopper would not spend $1000.00 without serious research and examination of the product he is about to purchase, yet the average trader would make a trade that could easily cost him $1000.00 based on little more than “gut” feeling. Ensure that you have a plan in place before you start trading. The plan must include stop and limit levels for the trade, as your analysis should include the expected downside as well as the expected upside.

Keep your Trading simple.
It is important to keep your trading simple. Many traders start out with a simple strategy that is successful but find themselves chopping and changing trying to find a better system. They allow themselves to be influenced by others opinions and too much fundamentals. Many traders who have done this have been surprised that their kids can actually trade well, consistently and often with spectacular results.
The lesson is that they don’t stray from the rules and are not influenced by other sources like the media or fundamentals. Many Forex traders pay no attention to fundamentals at all and trade quite successfully. The rule here is to keep it simple…don’t allow yourself to become confused with too much information and if you’re not sure or not in the right emotional frame of mind, don’t trade!

Do not stay with a losing trade.
The reason trading with a plan is so important is because most objective analysis is done before the trade is executed. Once a trader is in a position they tend to analyze the market differently in the “hope” that the market will move in a profitable direction rather than objectively looking at the changing factors that may have turned against your original analysis. This is especially true of losses. Traders with a losing position tend to marry their position, which causes them to disregard the fact that all signs point towards continued losses. Don’t take more trades in the hope that the market will turn in your favour; it will only accelerate your losses.

Do not over trade.
Do not over trade. One of the most common mistakes that traders make is leveraging their account too high by trading much larger sizes than their account should prudently trade. Leverage is a double-edged sword. Just because one lot (100,000 units) of currency only requires $1000 as a minimum margin deposit, it does not mean that a trader with $5000 in his account should be able to trade 5 lots. One lot is $100,000 and should be treated as a $100,000 investment and not the $1000 put up as margin.

Tuesday, November 21, 2006

FOREX TRADING - Online Stock Market - FX

Forex Trading Online
Introduction to trading Forex

· History
· Forex trading basics
· Forex trading examples
· Working with statistics
· How to trade forex?
Education center

Introduction to Trading Forex Foreign Exchange
This short introduction explains the basics of trading Forex online, a brief explanation of the markets and the major benefits of trading Forex online. There are also two scenarios describing the implications of trading in a bear as well as bull market to better acquaint you with some of the risks and opportunities of the largest and most liquid market in the world.

Overview Foreign exchange, forex or just FX are all terms used to describe the trading of the world's many currencies. The forex market is the largest market in the world, with trades amounting to more than USD 1.5 trillion every day. This is more than one hundred times the daily trading on the NYSE (New York Stock Exchange). Most forex trading is speculative, with only a few percent of market activity representing governments' and companies' fundamental currency conversion needs.
Unlike trading on the stock market, the forex market is not conducted by a central exchange, but on the “interbank” market, which is thought of as an OTC (over the counter) market. Trading takes place directly between the two counterparts necessary to make a trade, whether over the telephone or on electronic networks all over the world. The main centres for trading are Sydney, Tokyo, London, Frankfurt and New York. This worldwide distribution of trading centres means that the forex market is a 24-hour market.

Automated Trading System
Automated Forex Buy/Sell Signals, 700 pips per month, Average Profit

How To Trade The Forex Market With A Secret Trading Formula Only a Handful Of Traders Know. ...
You learn everything you need to know about trading forex.

Be part of the fast growing online Forex community - we offer Forex trading, Forex and Currency Training, Forex Forum and Forex Support, trailing stops ...

Trading on Margin
Trading on margin means that you can buy and sell assets that represent more value than the capital in your account. Forex trading is usually conducted with relatively small margin deposits. This is useful since it permits investors to exploit currency exchange rate fluctuations which tend to be very small. A margin of 1.0% means you can trade up to USD 1,000,000 even though you only have $10,000 in your account. A margin of 1% corresponds to a 100:1 leverage (or 'gearing'). (Because USD 10,000 is 1% of USD 1,000,000.) Using this much leverage enables you to make profits very quickly, but there is also a greater risk of incurring large losses and even being completely wiped out. Therefore, it is inadvisable to maximise your leveraging as the risks can be very high. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.

Trading Forex
A currency trade is the simultaneous buying of one currency and selling of another one. The currency combination used in the trade is called a cross (for example, the Euro/US Dollar, or the GB Pound/Japanese Yen.). The most commonly traded currencies are the so-called “majors” – EURUSD , USDJPY , USDCHF and GBPUSD .
The most important forex market is the spot market as it has the largest volume. The market is called the spot market because trades are settled immediately, or “on the spot”. In practice this means two banking days.



Why trade Forex?
24 hour trading One of the major advantages of trading forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.
Superior liquidityThe forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market, especially that of the major currencies, helps ensure price stability and narrow spreads. The liquidity comes mainly from banks that provide liquidity to investors, companies, institutions and other currency market players.
No commissionsThe fact that forex is often traded without commissions makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis. Trading the “majors” is also cheaper than trading other cross because of the high level of liquidity. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.
100:1 LeverageLeverage (gearing) enables you to hold a position worth up to 100 times more than your margin deposit. For example, a USD 10,000 deposit can command positions of up to USD 1,000,000 through leverage. You can leverage the first USD 25,000 of your investment up to 100 times and additional collateral up to 50 times.
Profit potential in falling marketsSince the market is constantly moving, there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency. When you trade currencies, they literally work against each other. If the EURUSD declines, for example, it is because the U.S. dollar gets stronger against the Euro and vice versa. So, if you think the EURUSD will decline (that is, that the Euro will weaken versus the dollar), you would sell EUR now and then later you buy Euro back at a lower price and take your profits. The opposite trading scenario would occur if the EURUSD appreciates.

Our Referring Party Program is an easy way for you to offer forex trading to your customer base. Comparable to the introducing brokers in the futures trading business, you and your organization receive significant referral payouts for introducing business to Global Forex Trading.
When compared to other trading products you can offer your customers, forex trading allows for a greater probability for your organization to meet and exceed its overall sales goals. We support a referring party network of large and small introducing organizations throughout the world, managing billions of dollars in forex trading volume.
“We welcome you and look forward to assisting you every step of the way. By leveraging our experience, processes and technology, you can stay focused on what you do best to meet your business needs and sales goals.”
As the first step, please complete the form below so we can connect you to the appropriate GFT professional who can assist you with our Referring Parties Program.

As one of the first companies in the United States to offer online currency trading, we have cultivated solid relationships with liquidity providers, while building a forex dealing desk that is devoted to offering the finest forex trading configuration in the industry. With GFT, you and your customers can take advantage of our foreign exchange proficiency and our relationships with the world’s largest banks.
There has never been a better time than now to offer forex trading to your trading clients. With GFT’s Referring Party Program, we offer a wide range of services, from basic referral programs to completely customized, turnkey solutions. A list of prospective GFT Referring Parties may include: Broker/Dealers, Money Managers, Hedge Fund Managers, Futures Brokers (FCMs), Entrepreneurs, Introducing Brokers, Commodity Trading Advisors (CTAs) or Commodity Pool Operators (CPAs).

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