Is Forex Trading For You?

Forex Trading involve a lot of risk and its not for anyone. Below is some risk discussed to make you ready for Forex Trading should you choose to accept. The first is that you will lose everything you put in.

Money!

If trader are telling you this that you don't need any money to trade Forex then they are not telling the truth! You need money to trade Forex but you can start off with small amount of capital. Some broker allows you to open mini account with as little as $500 or $250 to start with. Remember that you are buying at mini trade or micro trade which will give you $1 or $0.1 per pips. This is a good way to start live trading but will take a longer time for you to gain an adequate amount to sustain your expenses.

For starter, $1k on 0.1 lot trading is a good start where you earn about $1 per pip. Likewise your losses is also -$1 per pip. Trade, learn and increment your trade to 0.2 lots once your hit $2k or $3k and repeat this to grow your trade to 1 lot and more. For advance trader, good to start off with $10k on 1lot trading. If you are into automated Forex trading, you should start off with $10k and set a target of 1000 pips every month trading at 0.1 lot. If you calculated the margin, you may be able to load 3 EA that gives you 300 to 400 pips every month which will work out 1000pips or $1k every month.

Time!

In Forex trading, you need time to look at the chart and check your trading rules before you can execute a trade. There is buy stop and sell limit which lock I your trade and it will execute when the buy or sell price reached. But you still need plenty of time to go thru your chart and your trading rules. In some cases, the rules is forming but not yet ready and you need to wait for another bar or few more bars in order to start your trade. This will take you another hour or so depending on the charting time frame you are using. There time is required for trading if you are technical or fundamental.

There is another way which is automated Forex Trading. You don't spend time executing the trade or looking at chart with indicators. The strategy is all coded and run automatically on your MT4 trading platform. (MT4 is one of the popular forex trading platform). Instead you spend time looking at executed trades, trades summary and close trade profit/loss. The time spend is on analysis these close trades, re-enforcing winning strategy and re-organizing losing strategy. You see the time spend is now on closed trades rather then spending time to look for trades matching your rules. You will have more time to focus on strategy that works and refine these strategy that don't work.

Fear!

There is risk and so there is fear of losing. No Forex trader will win every time. There bound to be wining and losing trades. The point is to overcome the fear of losing that is causing you to make repeated similar trades. Always look at statistic and trend. Forex trading is about repeating trades that make money, re-configure some of the trading rule along the way and consistent with money management. Fear has to be remove from every trade, instead forecast or estimated results should be anticipating in your feelings. Cast fear aside and trade without emotion. Posted by Forex articles and reviews online.

Which is the right forex provider for you?

Which is the right forex provider for you?

As one of the biggest financial markets in the world, forex attracts a lot of attention from both corporate and private investors alike.  This has resulted in a surge of new companies starting up with attractive introductory offers, in order to attract your business.  However, choosing a forex provider requires more consideration than simply opting for the best introductory deal.

This article is designed to help the new trader find the right forex provider for them, as well as providing guidance for experienced traders who are looking to switch from their current broker.

Competitive fees and commissions

The difference between a profit and a loss can sometimes depend on the charges applied by your forex provider.  A broker that offers low currency conversion fees and offers tight spreads on its currency pairs would be a good place to start.

The currency pairs you want

It is important that the forex provider offers the currency pairs that you want to trade on.  Most providers will offer the major pairs, such as EUR/USD and AUD/USD, but a few will also provide currency pairs involving emerging countries that you might be interested in.

In addition to this, you may be able to practice your forex trading before you invest with a free forex demo account.  By trading with the provider’s virtual currency, you can test the forex market, as well as the broker’s platform, before you invest.

Help to improve you as a trader

Something that is often overlooked by traders, when looking for a forex provider, is the educational service they provide.  There are some providers out there who will aim to improve you as a trader.  They provide extensive market analysis and free online seminars in order to teach you more about the underlying markets, which could be important in helping you trade successfully.

IG Markets is a forex and CFD provider that offers over 60 currency pairs to trade on, for both their demo and full accounts.  They also provide a specific forex focus that covers the major currency pair movements, along with twice daily market analysis, in order to help you keep track of what is driving the forex markets.
 

This article is provided for information purposes and should not be regarded as financial product advice. Related Coverage Which is the Right SEO service provider The article gives you the considerable steps to ensure that you are dealing with reliable SEO from Pakistan. Determining Which Satellite Tv Provider Is Right For You When it comes to subscription-based home entertainment solutions, it can be tough choosing the right one for you. The satellite TV landscape in particular is extremely competitive, which is both a good and bad thing for potential customers. It's good because competition will bring out the best in the various providers, but it's bad because you're going to have to do a bit more research in order to make the best decision possible.

Learn Forex with Forex Signal Service Providers A Forex signal is basically forex advice or news which help the trader decide whether or not to make a trade. Is Forex Megadroid the Right Forex Robot For You? Forex automatons applied for trading have forthwith been popular among fussy bargainers. This software program is programmed to do projects related forex trading which can aid in assisting mongers. It is for certain a large supporter to be able to extinguish the long times of day of monitoring over the changes in the forex market place.

The system may be able to do the monitoring the least bit hours without any break.Please refer to the risk disclosure statement from IG Markets.  CFD trading can result in losses that exceed your initial deposit. You should consider the information in light of your specific objectives, financial situation or needs before making any trading or investment decision. source.

Trading Psychology: Master Your Emotions and Anxiety

It often comes as a huge surprise for many people that more than 95 percent of the forex business owners lose money.

There are plenty of trading techniques which perform well but two forex traders using the same systems can get a completely different outcome. There are many workshops, courses; mentorships and more that can assist a lot of traders to make cash again and again. Even with all these, only some people succeed in forex trading. Do you know why? The answer is forex trading psychology. The fact is that no matter which technique you are using in your trading counts unless you control your physical feelings, remove trading anxiety and prevent silly trading mistakes.

Most of the losses are caused through irrational trading judgment made by those who should know better. Forex trading psychology describes why two traders with similar trading programs can get completely different results in forex trading. Controlling your emotions and mind may prove to be the really big challenge you meet as a trader and can make all the difference in your results.

To have good control of your forex trading, you should of course use a stop loss and probably a take profit as well. They let you keep in the trade without having to constantly monitor your screen. The more you stare at the trade the more it keeps playing in your mind.

Certain traders in the forex trading market use stop loss programs and take profit prices but still regularly go back to their trading screen to check how the trade is going, as if this part of the process will magically make the market do what you need.

What is the use of a stop loss when you are planning to view the trade constantly?

At the time you use the best high leverages you do posses the prospective of high profits but big losses also. It can ultimately drive you mad with fatigue and result in wrong trading judgments. Until you acquire a killer trading psychology, keep to small leverages. You should also restrict and limit your losses with a rigid stop loss policy - not shifting the stop loss "just in case".

When you do this you will understand that in bad situations, you will come out of the forex market with little loss. So you need not worry about the losses as with the right strategy and mindset they'll be far outweighed by the profits.

It is also good not to use a method or technique in which you are not totally confident.

Always use a reliable, proven and structured technique: you will become a calmer forex trader.

Do not ignore your forex trading psychology; always work with your mental fitness. It is important for your long term success in the forex market.

The effective way is to get begin in the forex market is to read, watch, learn and try the free demo accounts. The free trial accounts will deliver you all the information, support you, assist and give charts to get guidelines.

Watching to the everyday forex trading activities will assist you to set the best patterns and become careful of different situations. Even though all kinds of tools and methods are available, you should be able to control your emotions while trading in the forex market. Posted by Forex articles and reviews online.

Hоw Tо Start Trading Thе Forex Market? (Part 5)

Wh?t ?r? PIPS?

Currencies ?r? traded ?n ? price/ point (pip) system. E??h currency pair h?? ?t? ?wn pip value.

Wh?n ??u ??? ? FOREX price quote, you'll ??? ??m?th?ng listed l?k? this: EUR/USD 1.2210/13.

Explanation:

a) If ??u w?nt t? BUY th? EUR/USD ( meaning ??u BUY EUROS ?nd SELL US$ ) ??u buy 100,000 EUROS ?nd ??u SELL 122,130 US$, ?r ?n ?th?r words ??u receive 122,130 US$ f?r 100,000 EUROS.

B) If ??u w?nt t? SELL th? EUR/USD (meaning ??u SELL EUROS ?nd BUY US$) ??u buy 122,100 US$ ?nd sell 100,000 EUROS, ?r ?n ?th?r words ??u receive 100,000 EUROS f?r 122,100 US$.

Th? difference b?tw??n th? bid ?nd th? ??k price ?? referred t? ?? th? spread. In th? ?x?m?l? above, th? spread ?? 3 ?r 3 pips.

S?n?? th? US dollar ?? th? centerpiece ?f th? FOREX market, ?t ?? n?rm?ll? considered th? 'base' currency f?r quotes. In th? "Majors", th?? includes USD/JPY, USD/CHF ?nd USD/CAD. F?r th??? currencies ?nd m?n? others, quotes ?r? expressed ?? ? unit ?f $1 USD ??r th? ????nd currency quoted ?n th? pair.

F?r ?x?m?l? ? quote ?f USD/CHF 1.3000 means th?t fore ?n? U.S. dollar ??u receive 1.30 Swiss Francs. ?r ?n ?th?r words, ??u receive 1.30 Swiss Franc f?r ???h 1 US$.

Wh?n th? U.S. dollar ?? th? base unit ?nd ? currency quote g??? up, ?t means th? dollar h?? appreciated ?n v?lu? ?nd th? ?th?r currency h?? weakened. If th? USD/CHF quote ?b?v? increases t? 1.3050 th? dollar ?? stronger b???u?? ?t w?ll n?w buy m?r? Swiss Franc th?n before.

Th? thr?? exceptions t? th?? rule ?r? th? British pound (GBP), th? Australian dollar (AUD) ?nd th? Euro (EUR). In th??? cases, ??u m?ght ??? ? quote ?u?h ?? EUR/USD 1.2080, meaning th?t f?r EURO ??u receive 1.2080 U.S. Dollars.

In th??? thr?? currency pairs, wh?r? th? U.S. dollar ?? n?t th? base rate, ? rising quote means ? weakening dollar, ?? ?t n?w takes m?r? U.S. dollars t? equal ?n? Euro, British pound ?r ?n Australian dollar.

In ?th?r words, ?f ? currency quote g??? higher, th?t increases th? v?lu? ?f th? base currency. A l?w?r quote means th? base currency ?? weakening.

Currency pairs th?t d? n?t involve th? U.S. dollar ?r? called cross currencies, but th? calculation ?? th? same. F?r example, ? quote ?f EUR/JPY 134.50 signifies th?t ?n? Euro ?? equal t? 134.50 Japanese yen.

HOW TO BUY (g??ng LONG)and SELL (g??ng SHORT) ?n th? FOREX Market?

K??? ?n mind 2 v?r? important rules:

RULE #1) Cut ??ur LOOSING trades ?nd l?t ??ur WINNING trades RUN

YOU WILL HAVE LOSING TRADES. Ev?r? FOREX trader has. Th? secret is, th?t ? consistent, disciplined trader, ?t th? ?nd ?f th? day, adds u? m?r? winning trades th?n losing trades.

Wh?n ??u ?nd ??? ?n ??ur charts, w?th?ut ?n? doubt, th?t ??u ?r? ?n ? losing trade, don't k??? losing money. M??t ?f th? novice traders ?r? lowering th??r stop loss ?u?t t? prove th?? ?r? r?ght ?r hoping th?t th? market w?ll reverse . 99% ?f th??? trades, ?r? ?nd?ng u? w?th m?r? losses. M??t ?f th? profitable trades ?r? u?u?ll? "right" immediately.

Remember, smart traders kn?w th?r? ?r? m?n? ?th?r opportunities. CUT ??ur losses short ?nd compound th??? winning positions.

RULE 2) NEVER EVER trade FOREX w?th?ut placing ? Stop Loss Order.

PLACE ? STOP order, r?ght ?l?ng w?th ??ur ENTRY order, v?? ??ur online trading station, t? prevent potential losses.

B?f?r? initiating ?n? trade, ??u h?v? t? calculate ?t wh?t point ( price) ??u w?uld b? wrong, b???u?? th? market changed direction, ?nd w?uld w?nt t? cut ??ur losses.

T? m?k? profits, ?n th? FOREX, ? trader ??n enter th? market w?th ? *buy position* (known ?? g??ng "long") ?r ? *sell position* (known ?? g??ng "short").

A? ?n ?x?m?l? let's assume you've b??n studying th? EURO. Th? EURO ?? paired f?r?t w?th th? U.S. dollar ?r USD.

Y?ur trading methods, rules, strategies, etc., t?ll ??u th?t th? EURO w?ll rice ?n th? n?xt 2 weeks, S? ??u buy th? EUR/USD pair meaning ??u w?ll simultaneously buy EUROS, ?nd SELL dollars).

Y?u open u? ??ur excellent trading station software (provided t? ??u f?r free b? Fenix Capital Management, LLC fenixcapitalmanagement.com ) ?nd ??u ??? th?t th? EUR/USD pair ?? trading at: EUR/USD: 1.2010/1.2013.

A? ??u ??u b?l??v? th?t th? market price f?r th? EUR/USD pair w?ll g? higher, ??u w?ll enter ? 'buy position' ?n th? market.

A? ?n example, l?t? ??? ??u bought ?n? lot EUR/USD ?t 1.2013. A? long ?? ??u sell b??k th? pair ?t ? higher price, th?n ??u m?k? money.

T? illustrate ? typical FX SELL trade, ??n??d?r th?? scenario involving th? USD/JPY currency pair:

REMEMBER Selling ("going short") th? currency pair implies selling th? first, base currency, ?nd buying th? second, quote currency. Y?u sell th? currency pair ?f ??u b?l??v? th? base currency (USD) w?ll g? d?wn relative t? th? quote currency (JPY), ?r equivalently, th?t th? quote currency (JPY) w?ll g? u? relative t? th? base currency (USD).

HOW TO CALCULATE PROFIT OR LOSS?

Th? Profit Calculations, ?n th? Short-sell trade scenario below, m?? ???m ??m?wh?t complicated ?f you've n?v?r b??n ?n th? FOREX market before, but th?? process ?? continually calculated thr?ugh ??ur broker trade station (software). I show ??u th?? process b?l?w ?? ??u ??n SEE h?w ? PROFIT m?ght occur.

Th? current bid/ask price f?r USD/JPY ?? 107.50/107.54, meaning ??u ??n buy $1 US f?r 107.54 YEN, ?r sell $1 US f?r 107.50 YEN.

Suppose ??u th?nk th?t th? US Dollar (USD) ?? overvalued ?g??n?t th? YEN (JPY). T? execute th?? strategy, ??u w?uld sell Dollars (simultaneously buying YEN), ?nd th?n wait f?r th? exchange rate t? rise.

Y?ur trade w?uld b? th? following: ??u sell 1 lot USD (US $100,000) ?nd ??u buy 1 lot JPY (10,754.000 YEN). (Remember, ?t 0.25 % margin, ??ur initial margin deposit f?r th?? trade w?uld b? $250.)

A? ??u expected, USD/JPY falls t? 106.50/106.54, meaning ??u ??n n?w buy $1 US f?r $106.54 Japanese YEN ?r sell $1 US f?r 106.50.

S?n?? you're short dollars (and ?r? long YEN), ??u mu?t n?w buy dollars ?nd sell b??k th? YEN t? realize ?n? profit.

Y?u buy US $100,000 ?t th? current USD/JPY rate ?f 106.54, ?nd receive 10,654,000 YEN. S?n?? ??u originally bought (paid for) 10,754,000 YEN, ??ur profit ?? 100,000 YEN.

T? calculate ??ur P&L ?n terms ?f US dollars, divide 100,000 b? th? current USD/JPY rate ?f 106.54. Total profit = US $938.61. Posted by Forex articles and reviews online.

Forex Trading Introduction Tutorial

The Forex currency market is a non-centralized exchange where banks, businesses, governments, investors and traders can trade currencies with one another. By "non-centralized" I mean there is no actual physical centralized exchange like the New York Stock Exchange or the Chicago Mercantile Exchange. Instead, trading is conducted "over the counter", which basically just means it's done without the aid of a central or physical exchange. The Forex currency market is also referred to as the ‘Fx market', the ‘Currency market', the ‘Foreign exchange currency', or simply as Forex.

What is Forex Trading?

FOREX trading involves trading currencies from different countries against each other. Essentially, you are speculating on the direction of the price of one currency relative to another currency. For example, if you think the British pound is going to rise against the U.S. dollar, you would buy the GBP/USD currency pair. When you buy the GBP/USD, you are selling U.S. dollars and buying British pounds at the same time, if the British pound strengthens relative to the U.S. dollar it will make the GBP/USD pair go up and you would make a profit. If you bought the U.S. dollar against the British pound, and the GBP/USD went up still, you would lose money because the dollars you bought lost value relative to the pound.

As FOREX traders, we can learn to trade the Forex market by learning an effective trading strategy to spot high-probability entries into the market. This gives us an "edge" to trade the market with that we can profit from if we let it play out over a large series of trades. There are other reasons that people would make transactions in the Forex market too, such as to exchange currency to that of a different country while traveling. Banks and businesses also frequently use the Foreign exchange currency market to facilitate international business, and governments use it to regulate the strength of their currency relative to that of another country.

Forex Market Hours

The Forex market is open 24 hours a day, 5.5 days a week. The heaviest trading centers are located in London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney. One of the great things about forex trading is that the market is open from about 5pm local time on Sunday to about 4:30pm local time on Friday; you can trade whenever you want during these hours. This means more opportunities and more flexibility with your daily schedule.

How can YOU participate in the Forex market?

You are probably reading this article because you are interested in retail FOREX trading; this means you are looking to profit by buying and selling currencies in the Forex market. You will need to first learn an effective trading strategy; this will provide you with your edge, which you will then use to spot high-probability entries into the market. You will then need to create a Forextrading plan around your chosen strategy; this will give you a guide to follow so that you don't end up gambling and trading emotionally. There's a lot more to becoming a successful trader than that, but you have a good idea now of how to get started. Also, remember that risk management in forex trading is key; never risk more than you are prepared to lose per trade. Posted by Forex articles and reviews online.

Merchant Cash Advance, Easier than a Loan

A merchant cash advance is a cash payment to a business in exchange for an agreed upon percentage of future credit and/or debit card sales.  This relatively new industry provides business owners quick access to capital coupled with benefits not see with traditional loans.  Many merchant accounts are now providing merchant cash advance options.

It's not a loan

Most merchant cash advance companies point out that advances are not loans.  Basically, this type of cash advance is a purchase of future sales.  Merchant cash advances are not bound by laws that regulate lenders or limit interest rates.  There isn't a required regular fixed payment.  Instead the provider collects a percentage of the merchant's daily credit or debit card sales until the advance and premium are recovered.  Typically, the advance and premium are recovered in fewer than 12 months.  The benefits of this type of cash advance process are that the amount paid back to the provider varies with cash flow.  So a slower month means less money going back to the provider.

This differs from a traditional loan where there is a firm date as to when the loan plus interest has to be paid and there are fixed payments that need to be made on a fixed schedule. A merchant cash advance has no due date or fixed payment.  While this type of cash advance is good for businesses that have strong credit-card sales but might not qualify for traditional loans because of bad credit or little collateral. 

Benefits of a merchant cash advance

1.      Collateral and credit do not matter.  A merchant cash advance is simply a transaction and therefore stays off of the business credit report.  Merchants who get a cash advance avoid the risk of losing collateral, a common situation with a commercial loan if the loan is defaulted.

2.      Application and collection process are easy.  A cash provider only looks at two criteria: monthly credit card returns and how the long the business has been operating.  Minimums for these criteria are typically $5000 in monthly credit card sales and nine months in business. 

3.      Access to cash is quick.  The little paperwork equals a fast turnaround.  In fact, it can happen in as little as a week.  Having instant access is an important asset to a business if immediate funding is needed. 

4.      Approval rating is high.  Because a merchant cash advance is based on actual business performance and not credit it's much easier to qualify for money.  Any stable business will most likely qualify and the amount depends upon average monthly revenue.

5.      Collections are revenue-based.  The advance provider only gets paid when the business gets paid.  In slow months, the provider only gets a little, in bigger months, the provider gets paid more.  Often, this is easier for a business to manage compared to fixed monthly payments with a firm end date. 

Merchant cash advances offer obvious benefits for businesses who cannot afford traditional loans or businesses who need quick access to extra cash. Posted by Forex articles and reviews online.

FX trading for a living?

Heard of someone earning thousand of dollars from stock and share trading? What about Forex? You can also earn thousand of dollars from trading currency. Let me explain it for you in simple English.

For an average person, you may need $10k monthly income every month. This will equal to $500 daily. And for forex trades, one full contract 100k gives you $10 dollar a pip. So you have to target 50 pips win a day to give you five hundred dollars. The foreign exchange have more then 10 currency trading actively with high low range of more then 100 pips. You can easily achieve 50 pips win everyday.

Looking at this situation, to achieve $500 profit daily is not impossible if you have a winning strategy and consistent trading few hours daily. Related Coverage FX Trading Tutorial Program Lots of you wanting into forex trading could get scared away by the concept the market is just for really big traders. You see stories of trillions of dollars sloshing all over the world, zapped on their manner by the big-shot foreign exchange traders from the giants of the investment banking world; and it's simple to assume this isn't the place for small-scale merchants like you. FX Trading PIA firstcapital has strict risk management procedures in place for all of its investment strategies and managed account programmes.

This means it is easier for investors to determine how this fits in with their overall investment objective and determine the suitability of the products we provided given their risk tolerance. FX Trading Guidance Have you ever been lured to the forex markets by the guarantees of massive cash? Do you see yourself residing the lifestyle of the foreign exchange dealer, with the flash cars, the sumptuous homes and the luxurious yachts? Can you imagine your self at the hub of the thrilling foreign exchange world, putting on trades that will dazzle and being the envy of fellow merchants?

Deal Fx Many small-time investors and even more trader 'wannabes', have perked their ears up at the newest developments within the foreign currency markets. With all of the speak of currency wars, and competitive devaluation, now can seem a really attention-grabbing time to be in the foreign exchange markets.Once you hit your profit target you may stop for that day. So in real life you may only spend 10 minutes or half and hour to look at the market charting and execute your trade.

Sound wonderful? This is achievable if you have a good winning strategy and able to access the market from anywhere. With internet access getting popular, trading platform now able to access from mobile phone, tablet and laptop, forex trading can be perform anywhere as long as you can log into your forex trading account.

Trade anywhere, trade anytime and win 50 pips a day! On an average trading day, hundred of pips and dozen of currency moves and market is volatile enough even on average trading days for you to pick up a trade, setup and execute the buy or sell. But in life, you wont win all the time. You may loss 50 pips today but gain 100 pips tomorrow. You may loss 250 pips this month but win 800 pips next month. But overall with consistency, if you manage to have an overall win of 50x 20 = 1000 pips every month, getting a $10k income from forex is possible.

How to be consistent and make 1000 pips every month? You can choose to trade many small profits daily or large profit over weeks. In over a month, you may just have to achieve 1000 pips profit. In my case, I uses automated trading which help me gain 1000 pips by computer running program which automated the strategy to execute buy and sell trades for you in your trading account.

Using MT4 expert advisor, running these programs will automated and gives you 1000 pips in order to achieve your monthly income of $10k. If you found an average expert advisor which gives you 100 pips win every month, you can multiply the trading lot by 10 to give you 1000 pips or setup 10 trading account to total give you 1000 pips (assume 100pips from every trading account). You may even choose many different expert advisor to run and collective give you a total average of 1000 pips. (EA abc give 500 pips + EA def give 200 pips + EA xyz give 300 pips = total 1000 pips monthly).

On top of using automation of MT4 expert advisor, the good things is that you can keep adding good profitable program as you found them on the internet or blogs or forum. You can also create your own strategy into programming codes and run your own expert advisor. You can increase this leverage by creating more trading accounts from different brokers. To further increase your 1000 pips win every month, you can trade manually on top of automated trading, especially fundamental trading using market news.

News that affected country GDP, sale index, consumer purchase, export and import can move the currency in a very fast trend direction. Many traders uses such news to gain hundred and thousand of pips within days. As you can see, there are many news release every month and in dozen of countries with dozen of economic calendar release dates.

To sum up all, earning $10k a month from forex trading is possible and if you trade will money management, you may be able to double your profit to $20k a month within  months and months of earning (monthly using accumulated profit). To find out more, visit my website for more information. source.

Which is the Best Automated Forex Trading EA

Forex Trading is getting more popular with especially a group of automated trading which is made possible by MT4 trading platform Expert Advisor. Expert Advisor are program written by MQL4 languages that comes with MT4 trading platform. These Expert Advisors are coded from winning forex trading strategy and can be run 24 hours continuously to trade for you. Such trading system have created thousand dollars of profit daily and helped many to achieve passive income in Forex Trading.

FAP Turbo is one of the best Forex Trading Expert Advisor. If you go to my website you can read the whole review about this expert advisor with outstanding results. I will briefly talk about this below.

Profit Factor

Why is Profit Factor so important for simulated automated Forex trading system? Profit factor is simply using the profit earned divide by the losses incurred. Related Coverage Forex Hedge Fund Ea - Do Forex Automated Trading Systems Work? Forex automated trading is without a doubt one of the shadiest and most dangerous markets I have come across during my life. When you begin your journey in automated trading you will find a lot of promises and a lot of potential which ultimately leads you to purchase products believing that you will achieve financial freedom within a few years or even months.

Best Forex EA Expert Review To trade in currencies, one needs access to a trading account. You get the access via foreign exchange (forex) software for trading. The number of standard types of softwares for trading currencies is four. Each and every type of this software has its own advantages coupled with its own flexibility for the trader. Forex Morning Trade Ea-Forex Morning Trade Ea Review Do you want to create dollars? Not surprisingly, we all want, however it is not effortless to generate dollars. Forex EA (Software Program) Reviews A fair and balanced review of the most popular FOREX trading programs on the market.

These are not going to net you the millions per year they may promise, but they do work as an affordable educational tool for any new/intermediate trader who really wants to grow his knowledge and extend himself in the way of automated trading platforms.To put this in an illustration mode for easy understanding, for every dollar you invest, you take the profit divide by your losses. For example Profit Factor of 3 meaning you earn $3 for every $1 you losses. For FAP Turbo, from the simulation data presented in the website, it comes with a high Profit Factor figure of 31.77 This equal to earning $37 dollars against losing only $1 dollars. This is one of the best rating a Expert Advisor can achieve.

Maximum Draw Down

Draw down is the lowest point in your trading account with all unrealized profit/loss trades. When I mention unrealized trades are trades that you executed but not yet closed. As the trading account will increase or decrease due to profit or losses made from trade closed. But with Draw Down, this will take into account closed trades which is already reflected in the trading account plus the unrealized profit/loss trades. With the maximum value on Draw Down, this indicator the lowest point in terms of pips or percentage of the trading account. For FAP Turbo, it only registered a very small 0.32% maximum show that you only loss 32 cents for a trading account of $100.

Winning Percentage

This is the percentage of winning trades over total trades. With this figure alone, we will know what the success rate of winning over any total trades. With a 50% trade, means 50 trades win over 100 trades executed. This alone is not enough but with stop loss and profit take, this is very significant if comparing between Expert Advisor. If all trades are stop loss at 200 pips, with 50 pips profit take, at 80% winning rate, you will have zero gains. For FAP Turbo, it has a 150 pips stop loss and a 99% winning rate with average 15 pips win. To calculate, it will need to have a 90% winning rate or more to stay profitable.

By looking at Profit Factor, Maximal Draw Down and Winning Percentage (With Stop Loss and Profit Take), you can easily determine if the Expert Advisor is working profitable for you or losses money on your trading account. Another factor I would like you to bring it with you before I end my discussion here, is the time factor. How long is this Expert Advisor running and what time duration is the strategy tester simulated results base on. I would highly recommended duration of more then 1 year in order to achieve effect trading results. source.

Profitable Business Being Done Through Forex Programs

As more and more people are eyeing the trading done in the forex market, some of them are aiming to be part of the forex programs that are going on these days. This concept has come up quite hugely in recent times, when the websites are aiming to be part of the forex platforms by promoting them in full or partially.

A forex trading includes a number of things such as the real time data display of the trading, the indicators and tools and such other signals that help in the process of investments. These are required to be reached near the public who is interested for the forex and its components. As a platform, it is not always possible for a brokering agency to cover a wide range of customers. For this, they need the help of more than one website to propagate about the forex market and the different tools that can be possibly used in it.

Only when people are aware about the existence of such tools, then they will give attention to the different values and indicators. By means of taking part in the forex program, websites are directly benefiting themselves and at the same time are increasing the possibility of increased membership registration in the platforms. This kind of propagation or the evaluation is possible if more and more portals participate in the affiliate programs.

By becoming a part of the forex programs, there are many advantages that the website owners have. They earn a good amount of money by advertising about the forex platforms. The commission is quite good and can be earned just by sitting at home. One can work from the home or from the office and carry out the promotional activities in the internet at their own will. The knowledge of internet promotional activities is sufficient to bring people into the range of profits because a well promoted portal will be liked by people and the traffic will be high.

So, it is important to choose the forex program prudently so that the best platforms are chosen to be marketed. The promotional activities are not tough, if people know what to do in the promotion and how to do it. The rest falls into place as the customers visiting the affiliate sites are directed to the home platform through various links where they can buy the products.

Being a part of the forex programs does not mean that the affiliate sites will be selling the products. They are required to just promote the products by different means through the internet portals and the rest is done by the platforms. Due to the low investment and high amount of returns in the form of hefty commissions, people are showing their interest in this type of forex business. It is becoming profitable as well as is possible to be done from home, thereby increasing their importance in the forex market. Posted by Forex articles and reviews online.

History Of The Stock Market Tips

Stock market is very difficult to understand but better analysis can reduce this problem then stock tips providers can make good relation with clients in terms of performance. Competition is the part of business but survival makes you stay alive.

Description:

I searched on Google but I didn't find the proper archives about the financial advisories that provide stock tips. When they come in this business. But people said they have started this new idea like giving calls and tips for traders from 4-5 years.

Ways to make Clients:

They usually purchased the database for getting contact numbers of traders. E-marketing is also another way to get clients. Some time reference works i.e. they take contact details from their client also. Social networking media play a vital role to get contacts. Facebook, ibibo, linkedin, shtyle.fm and many more things are available to get contacts.

Working Style:

There is process to accomplish the task. Firstly, they make a contact with clients. When clients get convinced they provide stock tips as per their accuracy and segment in which client's trade. Pricing is differing to every segment like cash, future and option, MCX, NCDEX, and Currency. They provide follow ups to their clients on each stock tips so that trader can get profit and mitigate the losses. There are some points which describe the functional way.

Positive approach- Some companies always give proper follow ups for stock tips and when trader should enter in the giving calls they inform them. They always try to maintain their accuracy on monthly or daily basis. It depends upon their strategy. Some offer like above 90% accuracy and more.Negative approach- After giving stock tips and receive payment from the clients they avoid them even clients are getting losses.Crossbreed approach- its combination of both discussed approach. It depends upon the clients and what is relation between company and clients. If clients paid on time that doesn't irritate them, it makes perfect relation and profit for the clients.

Present circumstances:

Now a day's stock tips providers are facing tuff competitions in the market for their survival. Every 10th company is advisory in stock market. If you know analysis and how to play with market then you can even become stock tips provider. The worse thing about the market is every trader wants minimal service charges and 100% accuracy.

Advisories that firstly entered in the market and have a strong monopoly in this area, they are not concentrating on accuracy and proper client services, new traders firstly prefer the renowned tips provider. Presently every day, a new provider is taking birth and giving competition to others. This market is not like big fish swallows small fish.

Expectations and Fear about the future:

Strategy makes you winner in every field. Strategy is about planning and implementation.

Strategy is applying by the companies is not fruitful in near future. If they want to make presence in stock market, they have to plan new thing with proper implementation.

We are expecting new ideas from stock tips provider so trader cannot be moved from this way to services to another's. There are more market players but new ideas will make them competitive. Traders are also expecting that there will be more accurate stock tips so that they can make profit. There will be more ways to deliver stock tips based on different analysis. Posted by Forex articles and reviews online.

Characteristic Features of finest options trading software

The main features looked into the options trading software which makes it possible to get the best results from the first day of investment; you should buy software that is popular and making investor's path easier. Options trading are good platform for investors as they can earn money through the best strategy plans looked into while putting the money on stocks. It has been a famous plan to go with, most of the time we feel down as nothing special happening in terms of investment and we are not getting the returns.

Options trading software is quite a handful application to keep your trading scenario successful, it is good for those investors looking for some support online, you don't have to put the money on brokerage as options trading software easily solve your issues. It has been good resource for all the people wising to learn from the winning strategy. Most amazing feature that has to be incorporated in options trading software will be the complete analysis of the stocks, there should be an option to look into the details about the name we are going to invest money on.

If we are using options trading software then it may prove good if the calculated risks are mentioned while developing auto generated strategy by application, you should look for complete analysis of the stocks which are regarded as the best source of income and investors are gaining huge profits by means of those brands. For better assessment of the plans you should verify the details with online support sites where from data can be restored to our computer.

While looking for exciting features in an options trading software, look mainly for the convenient methods to perform your investment and there should be simple language to understand each term effortlessly. If your software application is designed for beginners then it is really good tutorial for all new comers in the market, for experts some advance versions of the applications are launched which are typical and cant be understood by learners.

Most of the times we fail to select good software for options trading and that is the main reason behind our frequent losses. It is the good time to gather a well designed software application that will easily manage your online trading account and make it possible to develop new strategy each day.

In case you are using options trading software, there is no need of binary options brokers, as the decision on stocks can be made without assistance. Binary options brokers are helpful while you are making good amount of money and can easily pay for the service, in the beginning you should invest more and start learning with the strategy developed by options trading software. Posted by Forex articles and reviews online.

Knowing More About Forex Affiliate Forums for Creating a Better Business

The potential to have a partnership and business deal with the forex market is possible through the participation in the forex affiliate forums where people can create better business avenues. The forex market is a huge arena, where people come to put their money and earn huge amounts of profits. This is one of the established ways to be a part of the forex market.

Another possibility that is being seen nowadays is about becoming an affiliate with the forex platforms. And to make the most of this opportunity, the forex affiliate program reviews should be understood because they tell a lot about the requirements of being a successful affiliate. Forex business is extending beyond the realms of being an investor only.

There are various indicators and tools that are required for making the investments. People can work through this system to help in the buying of these tools and indicators by companies or by individuals. These are considered necessary nowadays because they help people in making a decision regarding the points at which the investments are to be made. They help in understanding the trends of the forex market, which is essential if people are to put their money at the right place.
The need to have the right indicators is being seen as the driving force for the upcoming affiliates. Therefore the websites which are interested in becoming affiliate partners need to pick up the best platforms, whose services and products are liked by people and are productive. For this, they will have to go through various forex affiliate program reviews so that there is sufficient amount of data regarding their efficiency and their effectiveness.

The reviews are provided by people who have experience in dealing with the platforms and from many other sources which tell about the facilities that one can get in the platforms. These also tell about the types of indicators and tools that are effective so that people can choose those platforms for promotion in their portals, which have a high selling potential. The forex affiliate forums talk about the different ways in which one can go about this particular kind of business. The forums are a means to know about the best selling indicators and tools and the best platforms which provide services that would be liked by people.

Being a part of the forex affiliate forums is something that will benefit the affiliates hugely because the forums give a lot of indications about their effectiveness. People who are interested to earn good commission by becoming affiliates need to go through the forex affiliate program reviews and then decide to take up the programs. There are plenty of forums and review sites which provide such information and going through them will only help in establishing a better business venture. Posted by Forex articles and reviews online.

Forex Strategies: Don't Make It Easy to Lose

If you want to enter the arena of Forex, you need to have Forex strategies to go by. Without any kind of strategy, you're setting yourself up to lose a lot of money. As soon as you start out, you have to be on the lookout for great strategies that will ensure you success. Do not be tempted with the appealing characteristics that leverage, short trade, long trade and even 24 hours have. You have to be prepared when you go into the fray and it's with the best strategies that you can do that.

If you're in the process of creating Forex strategies for yourself, there are few simple questions that you need to ask yourself. First off, you must have a good reason for trading. Ask yourself why you want to buy or to sell and ask yourself which of the pairs would be the best ones for you to trade in. On the timing of the trade, the question would mostly be about why will you start trading now? Would it be better for you to go in during the daytime or would it be best by night? What about economic news releases, would it be better before or after?

You also should ask yourself about your objectives in trading. Related Coverage Forex Strategies Video tutorial Forex trading -A disciplined approach to trading is the best strategy for the long term. Forex Robot Trading Myth - They Make Huge Gains - They Don't They All Lose Here's Why Finance & Investment There are many myths surrounding Forex robots but the biggest of all is - they make huge gains with low draw down. Sure, they present track records that look great but the user never sees these gains, they lose money - Why? reason is simple and enclosed in this article.

If you look at the track records presented, by the cheap Forex robots sold online, you will see huge growth rates and little or no draw down in fact, the track records are actually better than the world's top FX traders, like George Soros and Jimmy Rogers could achieve yet, you can do better for paying under $200.00! D... Forex Strategys and Techniques There are many Forex trading techniques and strategies. If you go to the bookstore you will find shelves of books on how to trade in the Forex market. If you Google ‘Forex techniques and/or strategies' you will get millions of hits. And if you visit places like the Forex Factory Forums site, you will find hundreds of strategies with just as many viewers taking part almost every day of the week. Which of these systems work and which don't?

Forex Trading Strategies – Making A Choice! There are many Forex Trading strategies, and choosing the right one is not so easy. To make a lot of profit in the Forex market, you have to learn about these strategies. Then, you can come up with your own system. That will make your approach unique among traders, and that would get you huge profits quickly.This would relate to the take profit target as well as to the stop loss. Money management is also a big issue when you're going into Forex. You also have to think about how you will document and analyze the results that you get. From getting the answers to these things and putting these things into together, you can come up with strategies that will help you succeed. Basically, you need to bear in mind that if you don't have Forex strategies, it's easy to lose - and that's not an overstatement! source.

3 easy ways to better your currency trading results

#1 Discipline: Stick to your trading rules

You must never get emotion while trading as it will cause you to loss money in trading. For example if you execute a trade with is trending but just minutes after the trades, the currency price went against you and you went into losses. You may have losses that goes as low as -100pips (assume your stop loss is 150pips), do not panic and close your trade early to cut losses. Always stick to your trading rules. Hold onto the trade and let the trend ride out.

Like wise, if you execute a trade and the trend just go crazy and hit 100 pips profit. Do not be temped to close the trade and get the profit (assume your profit take is 200 pips). For fear of losing before the trade hit the profit target, you may just close the trade. Related Coverage An easy way to implement multi-currencies Have you ever imagine supporting multi-currencies for your online business? Well, it will depends on the nature of your business and how you would like to server your customer.

There is no definite answer that the multi-currencies feature can make your online business a big success or an organic growth. However, at least this feature will make your online business more presented because they may s The Way To Trade Currency There are a nice deal of sources on the Internet that teach you how one can trade Forex. When you use one of many Web search engines to locate some free Foreign exchange assets you could be amazed on the variety of search results that you will notice throughout the fraction of a second.

Automated Currency Trading Currency Trading Training Course Most people are just starting to wonder just what exactly is the thing called about professional expert advisor trading forex automatically? With all the talks on forums pertaining to the software the... Forex Currency Trading Open a Live Forex Currency Trading Account at Tradeviewforex.com risk free and without hassle. Our easy to use Foreign Currency Trading application will have you trading with Forex within minutes... More information by clicking in the linkDo not be over joy and close the trade. Stick to the trading rules and let the trade hit the profit level by itself. You may end up missing the profit that you should if you let emotion affect you. Be discipline always.

#2 Money management

This is the most important factor to every forex trader that is actively trading the currency market. Due to the leverage of forex trading as compare to conventional stock and shares, the leverage of currency in forex is 100:1. By saying this, using 100K contract or equivalent of buying 1 lot of normal trade, which is 100 x $1k of equivalent of currency value. In relative calculation, 1 pip which is 4 decimal for United State Dollar give you $10 per pip. (Assuming flat exchange rate for simplicity). With a trading account of 100:1 leverage, You need to spend $1k to buy and hold onto 1 lot at 100k contract.

The above is simple to calculate by just taking the leverage of your trading account setting. The tricky part is the margin calculation. Taking the same example, if the currency goes up by 100 pips, you will gain $1k unrealized profit. But if the currency does down -100 pips, you will loss $1k unrealized loss. So if you only have 2k capital in your trading account, your account would hit margin call (1k+1k=2k). The trade would be faced to close by your forex broker and you will hit losses. So it very risky to trade with zero stoploss.

For me, by rule of thumb, I will use 10% of capital to trade, by calculation, you would have 900 pips to play with. (this applied to leverage 100 or 200 or 500:1 because leverage only reduce your initial 1k holding to $200. Since your contract is still 100k contract, the pips loss and profit remain the same. So stick to using 10% or less of your capital to trade). Instead of increase your capital, you can use mini lot or 0.1 lot for 100k contract. This will reduce your holding to $100 (using the above example).

#3 Review all trade: Keep a trading journal.

Good consistent trader always keeps a trading journal. Winning trades and losing trades are review consistently for flaws and good trigger setup. As all trades are executed using setup triggers, always have a habit of trying out different variation of the setup trigger. Example could be Simple moving average, you may find at period of 20 SMA cross over 50 SMA at 1 hour trading chart, always give you an accurate signal to execute a buy trade for EURUSD during early morning hours, and over 10 trades, you hit 7 winning trades. You can apply this together with another set of trigger rules to make your winning rates higher and consistent.

There are many indicatora which can assist in getting better trading results. Please visit my website for more information. source.

The Best Customers Choice In Marketplace Strategy

Forex dealing communicating interacting communicating forex dealing communicating interacting communicating is all about developing big cash. Some traders have discovered it quite easy to make a large sum of cash as forex dealing communicating interacting changes daily. Forex dealing communicating interacting communicating, is industry. Off-line and on the internet you will discover resources to forex dealing communicating interacting as FX as well. Forex dealing communicating interacting communicating forex dealing communicating interacting communicating happens through a agent or a loan company often where you are able to buy other types of stocks, relationships and cost-effective affordable economical investment techniques.

When you are considering getting engaged in the forex dealing communicating interacting communicating interacting communicating dealing marketplaces you should know you are publishing cash to be spent with other nations. Related Coverage Best Online Marketplace An assortment of e-commerce sites are available online and act as the best platform where B2B business takes place effectively around the globe.

COMMUNITY MARKETPLACE: Etsy Etsy is an online marketplace for buying and selling all things handmade: clothing, music, furniture, software, jewelry, robots. Futures Trading: Investment Strategy in Marketplace Offshore This forex trading helps you to start your right choose of forex brokers that may lead you to sucessful decision that you can make. The Importance of SEO in the Marketplace What is SEO? Let's say you are looking to buy a golf club online. You go to Google and type in "golf club", hit the search button, and millions of websites show up almost instantly. But what makes one website show up at the very top position of the first page in Google and another similar website show up on page 56, or 57, etc.? This is determined by how relevant Google thinks your website is to what you were searching.

This is done to get prepared up the cost-effective affordable economical investment techniques of people engaged in certain types of secured resources, and in the communicating interacting dealing marketplaces offshore. The fx industry could have your cash spent in one industry one day, and the next day your cash is spent in another country. The daily changes are established by your agent or loan company. When evaluating your statements and studying more about your issue, you will discover that every way of forex broker communicating interacting has three outcomes that will indicate that forex dealing communicating interacting.

For example, the U. s. States cash is USD, the Japoneses people individuals people yen is JPY, and the English lb sterling will research as GBP. You will also discover out out out that for every deal on your issue record you will see details that looks like this: JPYzzz/GBPzzz. What what this means is is that you took your Japoneses people individuals people yen cash and spent it into something in the English lb industry. You will see many dealings from one forex trading communicating interacting to another if you have cash that is spread through out the forex dealing communicating interacting forex dealing communicating interacting communicating dealing marketplaces.

Forex communicating interacting dealing marketplaces communicating by cost-effective affordable economical investment management organizations are the organizations you can believe in with your cash. You want to the that has been getting forex dealing communicating interacting communicating since the starting 1970s, and not someone just new on the prevent so you get the most for cash. It is important that you be careful of organizations that are getting up on the internet, and often times from globally nations that are disclosing they can get you engaged in the forex dealing communicating interacting forex dealing communicating interacting communicating dealing marketplaces and communicating. Look at the circumstances, and know whom you are getting for the best possible protection.

If you want communicating on the fx agent industry, you will discover concerns for investing are different from company to company. Often times you will understand that you need at least $250 or $500 while other organizations will need $1000 or $10,000. The company you are getting will set concerns in how much you need to begin a issue with their company. The fraudsters that are on the internet will tell you, that you only need a $1 or $5 to begin a issue, but you need to discover that company and where they are doing company before investing any cash, this is for your own protection while communicating in forex dealing communicating interacting communicating and communicating interacting dealing marketplaces on the internet. source.

Top Forex Trading System

Simple

Let's talk about each portion to understand further. First is Forex Trading. Forex is the foreign exchange market where people come to buy and sell currency. Trading is an action that results in profit and losses. MT4 is MetaTrader 4 which is a Forex Trading Platform which enables traders to login into their Forex Trading Account and use charting to trade Forex. MT4 also has a built in programming language to translate trading strategies into programs software that can run automatically on MT4 tradind platform. The results of such program are called Expert Advisors and they can run 24/7 automatically. With profitable trading strategy, giving high profit factor, low dawn down and high return of investment, you can gain passive income with this setup. Simply follow below 5 steps.

Step 1: Sign up for a Forex Trading account with a Forex Trading broker

Step 2: Fund money into your trading account

Step 3: Install MT4 software

Step 4: Load profitable Expert Advisor

Step 5: Gain passive income!

Difficult

The difficult portion is selection of Forex Broker, selection of Expert Advisor and setting up your trading lots size. Sound simple, well look again.

There are many Forex Broker, namely FXCM, Forex.com, Alpari, MIGFX, etc are well known and established Forex Broker. You can choose any other broker but please select broker that is established and easy to fund/withdraw money. The broker should also allow you to check and trade your trading account using MT4 platform. Allow a leverage of at least 100:1 and able to deposit fund in default United State Dollar. (This is the most widely traded currency and many currency pairs uses this currency rate exchange).

There are many Expert Advisors and only few are profitable consistently. Always look at Expert Advisors that run on MT4 platform and have a high profit factor of more then 2. Through out all the trades, it should have low dawn down at less then 20% and a high return rate of return of 50% annually. This is necessary to avoid margin call and allow you better returns then putting your money in banks, unit trust or stocks. (Warran Buffet shares return are at about 25% annually.)

Setting of trading lot size are using money management effectively during Forex Trading. Due to the high risk of Forex Trading, always calculate your maximum drawn down with margin required to hold for your open trades. This can be easily calculated by using your trading account leverage and 100k contract and your available capital for trading.

Both Simple and Difficult

The good news is that there are already software that have built in money management that will adjust and grow your trading lots size as your capital grow. The tough portion is to select those software Expert Advisor that profit and grow your trading account without wiping out by margin call or maximum losses.

Although passive income seems possible by follow the above 5 steps, but due to the change currency market demand and world wide crises emerging, you still need to monitor and fine-tune the Expert Advisor periodically to ensure losing software are removed and new profitable Advisor are added.

Visit my website for more information on selection of Expert Advisor and creating your own Expert Advisor. Posted by Forex articles and reviews online.

Become an Affiliate Forex and Earn the Benefits

As a form of forex business, the affiliate forex program is proving to be quite enticing for people. For carrying out the business in different territories, people need a few infrastructure and investment so that the initial set up can be used to do the business. In case of affiliate forex, the infrastructure is a website and the knowledge of marketing and the investment is about creating a website. These are very small in terms of the investment required because someone with a website can start the affiliate forex program quite easily. The only thing required is knowledge of the forex market and the methods of online promotion.

With such a small amount of input, the output can be substantial as the affiliates can get large amounts of commission by simply marketing the products and gaining the commissions. For every sale of a product or service by the platform, it pays the affiliate for bringing on a customer. When the potential customers visit the affiliate sites, they are directed to the parent portal where they can buy the different types of tools and indicators and also become members. There are different types of reviews and analysis that can also be subscribed to.

Any kind of sale, be it the products or services, is paid for by the parent site to the affiliate site. Affiliate forex is therefore lucrative because people need only an internet connection and computer to start the thing. This enables people to reap the benefits without having to work full hour. Once the site is created and the products are promoted in the sites, one can sit down and relax and the rest of the things will automatically fall into place in the internet. Through links, the customers will be directed to the platforms where the rest depends on them.

If the promotion has been done properly, then the customers will be eager to know about the facilities and will buy them, where the role of affiliates is no more required. When the platforms finish their transactions, they transfer the said commission into the accounts of the affiliate forex portals as agreed. This means that one can operate their portals from anywhere because ultimately the customer will be directed to the home site. No transactions, no kind of further convincing and any other requirement is now necessary.

It is quite simple to be a part of the affiliate forex program, and for this, many websites are showing their interest to be part of such programs. The money is a big deciding factor in the growth of such programs. The interest shown by websites is because of the high rate of return on a small investment and this can be carried out at one's comfort. As an extra source of money, becoming an affiliate forex is being seen as a great opportunity, thereby attracting many web portals. Posted by Forex articles and reviews online.

3 tips to better your forex trading results

#1 Discipline: Stick to your trading rules

You must never get emotion while trading as it will cause you to loss money in trading. For example if you execute a trade with is trending but just minutes after the trades, the currency price went against you and you went into losses. You may have losses that goes as low as -100pips (assume your stop loss is 150pips), do not panic and close your trade early to cut losses. Always stick to your trading rules. Hold onto the trade and let the trend ride out.

Like wise, if you execute a trade and the trend just go crazy and hit 100 pips profit. Do not be temped to close the trade and get the profit (assume your profit take is 200 pips). For fear of losing before the trade hit the profit target, you may just close the trade. Do not be over joy and close the trade. Stick to the trading rules and let the trade hit the profit level by itself. You may end up missing the profit that you should if you let emotion affect you. Be discipline always.

#2 Money management

This is the most important factor to every forex trader that is actively trading the currency market. Due to the leverage of forex trading as compare to conventional stock and shares, the leverage of currency in forex is 100:1. By saying this, using 100K contract or equivalent of buying 1 lot of normal trade, which is 100 x $1k of equivalent of currency value. In relative calculation, 1 pip which is 4 decimal for United State Dollar give you $10 per pip. (Assuming flat exchange rate for simplicity). With a trading account of 100:1 leverage, You need to spend $1k to buy and hold onto 1 lot at 100k contract.

The above is simple to calculate by just taking the leverage of your trading account setting. The tricky part is the margin calculation. Taking the same example, if the currency goes up by 100 pips, you will gain $1k unrealized profit. But if the currency does down -100 pips, you will loss $1k unrealized loss. So if you only have 2k capital in your trading account, your account would hit margin call (1k+1k=2k). The trade would be faced to close by your forex broker and you will hit losses. So it very risky to trade with zero stoploss. For me, by rule of thumb, I will use 10% of capital to trade, by calculation, you would have 900 pips to play with. (this applied to leverage 100 or 200 or 500:1 because leverage only reduce your initial 1k holding to $200. Since your contract is still 100k contract, the pips loss and profit remain the same. So stick to using 10% or less of your capital to trade). Instead of increase your capital, you can use mini lot or 0.1 lot for 100k contract. This will reduce your holding to $100 (using the above example).

#3 Review all trade: Keep a trading journal.

Good consistent trader always keeps a trading journal. Winning trades and losing trades are review consistently for flaws and good trigger setup. As all trades are executed using setup triggers, always have a habit of trying out different variation of the setup trigger. Example could be Simple moving average, you may find at period of 20 SMA cross over 50 SMA at 1 hour trading chart, always give you an accurate signal to execute a buy trade for EURUSD during early morning hours, and over 10 trades, you hit 7 winning trades. You can apply this together with another set of trigger rules to make your winning rates higher and consistent.

There are many indicatora which can assist in getting better trading results. Please visit my website for more information. Posted by Forex articles and reviews online.

Discussions in the Forex Affiliate Forums Can Be Helpful

For those people who are trying to become a part of the current trend of forex business, the forex affiliate forum can be a big boost. It helps them in selecting the platforms for which the business partnership is fruitful. There are plenty of platforms nowadays which allow people to become members and carry out their trading in the forex market.

These platforms are necessary as they allow their members to access their forex accounts and carry out their transactions by themselves and at the same time allow for the direct access to the real time data about the forex market. By doing so, people have a direct control of their transactions which they are seeking these days. With such a high demand for the platforms, it is necessary that the information about the merits of a platform reach the customers. To widen the reach of the platforms among a wider audience, they are seeking partner websites who can do the promotion on their behalf.

Hence, people who are having the websites need to find the better platforms so that they can take up the partnership programs and thereby attract more number of customers. To this end, the forex affiliate forum helps a lot by discussing the virtues of a particular program. Here people who are involved in the affiliate programs come and join as members and guests and talk about the forex business in this manner. They tell about the issues that people generally face in the partnership programs as well as discuss the virtues that can be found in such programs.

People interested to become affiliates should turn towards the forex affiliate forums to know more about the programs that they are intending to take. It might so happen that their search for the best programs can be solved in these forums. To help all those who are interested for such forex business, the forex affiliate forum is quite helpful.

Those who are already in business and such portals who are seeking out the platforms will have to understand how the partnership programs work. The different types of payments and the platforms which provide good commissions can be known here. A lot of information is possible to be received from such forex affiliate forums and therefore being a part of such forums is advantageous.

To get the best business, people need to have in hand the resources of the best platforms. This will only help them in having a good return on their investment. Therefore, people who are seeking good forex business opportunity will have to get into the forex affiliate forum and then find out the best prospects. Becoming an affiliate is easy but a little effort would be required for those people who want to have the best programs to be promoted in their sites so that the traffic is good and so is their income. Posted by Forex articles and reviews online.

Interest Rate and Forex

Let's start by talking about borrowing money from the bank. You went to a local bank A and borrow $100 in your country currency as say its United State Dollars. This bank A charge you 5% interest yearly. Your friend goes to another bank B and borrows $100 United State Dollar at 2% interest yearly. So if you want to borrow another $100 and your friend lend it to you at 5% interest (he took loan $100 from another bank). By simple calculation, your friend is effectively earning 3% interest. (5%-2%=3%). If you hold on to this for 1 year, you are carrying over your trades over a year and yield you 3% interest rate on the principle amount.

Sound similar to carry trade?

Imagine your friend is the broker. You put money into your trading account instead of borrowing from banks, your broker account will reflect $100 (assume the earlier example, you put in $100.) and this is in United State Dollars. Since you are holding currency in your trading account, it is incurring interest from the government that issue that currency. Eg United state is giving 2% interest. On the other hand Japan Yen is giving 0.5% interest. So if you borrow Japan Yen to buy equivalent United State Dollar, you will gain 1.5% interest yield every year. (Or use United State Dollar to Sell Japan Yen.)

So total how much you will earn?

Assume you use $100,000 and use it on the carry trade between United State Dollar and Japan Yen, giving you 1.5% yearly, which work out to be $1,500. If your trading account is using 100:1 leverage, you are effectively using your original $100,000 to buy and hold $10 million, which give you $150k a year. This work out to be 150% Return On Investment.

Can this work in real life?

Of course there are few factors to consider before your 150% Return On Investment can be realized. Avoid margin call, the currency fluctuation and the exchange rate between United State Dollar and Japan Yen. Let's start by taking the positive direction, the exchange rate is rising for (assuming you get 5% more Japan Yen if you sell), the currency fluctuation is at minimum of near 0% drawdown and no margin call. You can earn $150k + $500k = $650k about 650% Return On Investment.

But this is always not the case

The currency rate went down (assuming you get 1% less Japan Yen if you sell). The currency fluctuated 1% drawdown. You earn $150k - $100k  = $50k. but before you can realized your profit of 50K, you are hit will margin call of 1% ($100k) and your trade are call out within a week, which leaves you almost zero. And I mean zero dollars. Now you see the risk of forex trading using leverage. Of course I simplified a lot of the calculation and conversion. But it is enough to make you understand the basic of carry trade and interest rate.

My recommendation

Always take charge by calculating money management into every trade you execute. Keep it to 10% of your capital. For the earlier example, you should only use $20K to buy $1 million forex currency which potentially could yield profit of $65k or loss $35k (assume drop of 5% with 1.5% interest difference on the carry trade).

Which currency then?

There no recommended currencies to buy, but you have to look out for currency with the highest interest rate, currency with the lowest interest rate and a trending up exchange rate when you sell back. (buy low, sell high). Always remember to use money management calculation (assume 10% of your capital with 100:1 leverage). Posted by Forex articles and reviews online.

In Trading Markets You Should Know You're Posting Money

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