Category Archives: Forex and Trading

Forex Tips for Beginners

Forex Tips for Beginners

It is said that the starting of any work is the most important steps as it decide the direction of the progress of that work. In the , people generally enter to earn big money in less time and effort. Due to this formula mostly they end in losing the amount which they invested and also they are under a good amount of loan. This situation arises only because they are misguided about the market or because they don’t have enough training to step into the market. These kinds of situations can be easily avoided if they take care of few small things before entering this business and can earn big amount without much effort to make their dreams come true. For one thing, the beginner should be capable of choosing the best information from the large pool of data which is available on internet. The few tips which one should keep in mind before entering this market of big promises are: Use demo accounts: There are many website on the internet which provides free demo account where the user can learn the tips and tricks for free of cost. These accounts allow the user to deal in the real market by using virtual currency. This gives a good practice to the user to know the pros and cons of the market and help them in dealing with the market in real time terms. Don’t believe on market gurus: the market gurus here offer their advices for doing the or claim to crack the codes of forex market and offer them for a small amount of money. These kinds of gurus are mostly fake and this is just another way of earning side cash. They just sell the product which either is made to work only when you are sleeping or when you are away from computer. But mostly there is no outcome of these kinds of systems. Have faith and invest small: There is no shortcut to become rich over night. People should understand this simple fact and always invest small in the business. It is important they don’t lose faith in this and if there is loss then they should be able to bear it instead of running away from it. Article Source:

Once you have , you will learn everything you need to about: the benefits of trading in the Forex market The types of currency pairs used in Forex trading And, the Forex lingo which has been confusing you. u.

Forex Benefits of Trading the Forex Market

Forex Benefits of Trading the Forex Market

Trading the Forex market has become very popular in the last years. Why is it that traders around the world see the Forex market as an investment opportunity? We will try to answer this question in this article. Also we will discuss come differences between the Forex market, the stocks market and the futures market.

Some of the benefits of trading the Forex market are:

Superior liquidity. Liquidity is what really makes the Forex market different from other markets. The Forex market is by far the most liquid financial market in the world with nearly 2 trillion dollars traded everyday. This ensures price stability and better trade execution. Allowing traders to open and close transactions with ease. Also such a tremendous volume makes it hard to manipulate the market in an extended manner.

24hr Market. This one is also one of the greatest advantages of trading Forex. It is an around the click market, the market opens on Sunday at 3:00 pm EST when New Zealand begins operations, and closes on Friday at 5:00 pm EST when San Francisco terminates operations. There are transactions in practically every time zone, allowing active traders to choose at what time to trade.

Leverage trading. Trading the Forex Market offers a greater buying power than many other markets. Some Forex brokers offer leverage up to 400:1, allowing traders to have only 0.25% in margin of the total investment. For instance, a trader using 100:1 means that to have a US$100,000 position, only US$1,000 are needed on margin to be able to open that position.

Low Transaction costs. Almost all brokers offer commission free trading. The only cost traders incur in any transaction is the spread (difference between the buy and sell price of each currency pair). This spread could be as low as 1 pip (the minimum increment in any currency pair) in some pairs.

Low minimum investment. The Forex market requires less capital to start trading than any other markets. The initial investment could go as low as $300 USD, depending on leverage offered by the broker. This is a great advantage since Forex traders are able to keep their risk investment to the lowest level.

Specialized trading. The liquidity of the market allows us to focus on just a few instruments (or currency pairs) as our main investments (85% of all trading transactions are made on the seven major currencies). Allowing us to monitor, and at the end get to know each instrument better.

Trading from anywhere. If you do a lot of traveling, you can trade from anywhere in the world just having an internet connection.

Some of the most important differences between the Forex market and other markets are explained below.

Forex market vs. Equity markets

Liquidity

FX market: Near two trillion dollars of daily volume. Equity market: Around 200 billion on a daily basis.

Trading hours

FX market: 24hr market, 5.5 days a week. Equity market: Monday through Friday from 8:30 EST to 5:00 EST.

An Introduction To Forex Trading, And What You Need To Know

An Introduction To Forex Trading, And What You Need To Know

The word ‘Forex’ is a contraction of ‘Foreign Exchange’, and is interchangeable with ‘Foreign Exchange Market’ and ‘Currency Market’. At the simplest level Forex trading is about buying one form of currency, and selling it in exchange for a different currency, making a profit as you do so.

For example, if you purchase a sum of money in one currency, and then a few weeks later the exchange rate fluctuations mean that the value of that currency has grown relative to a different currency, then you might sell that sum in exchange for the other currency, effectively increasing the value of the sum you started out with.

Many people assume that to have any success with Forex trading you need a real understanding of how foreign markets work, of trading in currencies and of carrying out detailed financial research. In fact whilst this is all certainly true, there’s something else which is perhaps more important, and that’s simply an awareness of what is going on in the world.

If you read or watch the news, and have a reasonable idea of what’s happening politically in terms of the relationships between various countries then you have a sound basis for moving into trading in foreign currencies.

For example, if you had purchased a stock of Euros a few weeks ago you may well have watched the news and seen Greece’s financial problems escalating, and you may have guessed that this could have a detrimental effect on the value of the Euro in relation to the US dollar This would in turn have led you to convert your Euros to dollars. In fact Greece’s problems did result in a significant fall in the value of the Euro, and those who moved into a different currency early on made either the most profit, or the lowest losses.

But obviously whilst a sound understanding of how the behaviour of the leaders of various countries may affect the exchange rates, it is also important to have a sound understanding of how the foreign currency trading system works. There’s nothing like practical experience to help you achieve this, but practical experience can be expensive. That’s why it is often recommended that for anyone starting out in Forex Trading it is best to open a demo account and try your hand at virtual foreign currency trading. This allows you to gain practical experience without risking your own cash.

One thing which you will often hear is that Forex Traders have a gut instinct, and work very much on gut feeling. If you believe this then you’re best off forgetting foreign markets and instead take up Blackjack or Roulette.

Forex trading requires careful analysis, sound plans and specific goals, and it requires note taking and a good deal of learning from mistakes and successes. This is why it is particularly important to try virtual Forex trading before ‘spinning the wheel’ and losing large sums of capital you can’t afford to.

How To Make Money By Trading In Tennis Matches

How To Make Money By Trading In Tennis Matches

TENNIS TRADING SYSTEM

This system exploits the fluctuations in price that occur during a tennis match. There are three things which will have a big impact on the price of the two players.

Break points, or even more of an impact from a confirmed break

Winning a set

Any sign of a player being injured and liable to retire

The price fluctuations are to my eyes out of proportion compared to the actual chances of a player eventually winning or losing the game, and this is where the system comes into its own.

The rules of the system are as follows

Only bet in mens games run by the ATP, where there is in-play betting offered by Betfair. These are easy to find just go into the tennis section of the Betfair site, click on the coupons tab, and then click on ‘Today’s in-play tab’).

Only bet in matches where the price of the favourite is between 1.20 and 1.50, if there are many matches in a day that fit the bill then tighten this to 1.30-1.40.You have to be able to put a bet on the underdog when the match goes in-play so make a note of the start time of the match on the ‘Rules’ tab for the match.

CAUTION – Matches quite often do not start at the stated time, they could get delayed by weather or a previous match overrunning, so you have to be flexible enough to be able to check regularly when the match is likely to start. You can get a clue by studying the order of play and live scores via the internet.

Before the start of play you need to check the prices offered by all your active bookmakers by using Betbrain . You select the book offering the best price for the favourite. You then use my trading spreadsheet (free from my website) to calculate your stakes. Enter the odds for the favourite into cell i6, then calculate your required stake for the underdog, by putting odds into cell h6, gradually altering them until the net profit shown in cell k10 is 15% (or just over).

So now you place your bet on the favourite with the chosen book (which could be Betfair, or any other of your active books), this can be done several hours before the match starts. Then when the game goes in-play you place your bet on the underdog at the calculated trading odds.

I am using a progressive staking plan for this systemFurther details can be found on my website Tennis Gambling Systems

Forex Options Trading – How Indicators Can Help You in Currency Trading

Forex Options Trading – How Indicators Can Help You in Currency Trading

Did you know that the Foreign Exchange or Forex market is one of the biggest – and most liquid – financial markets in today’s world? Banks, governments, corporations, and other powerful institutions engage in currency trading every day, allowing yearly turnovers to reach trillions of US dollars. These facts may amaze you but what is even more incredible is that you – yes, you – can rake in significant profits from the industry, too! The Forex market is open to everyone who is ready to take risks and earn big.

Of course, this does not mean that everyone who joins the Forex market can end up wealthy. In order to be successful at currency trading, you have to learn a few proven strategies, one of which is the use of efficient indicators. Indicators work to provide you with suggestions as to how the market may react in the future. Or, as another way of saying it, they give you a glimpse into future market activity, allowing you to make the right moves. There are different indicators that you can turn to, including the Bollinger Bands, the relative strength index, the moving average convergence divergence or MACD, and the parabolic SAR, to name a few.

Indicators are actually products of technical analysis, a method (some regard it as a philosophy) used by Forex traders to understand the Forex market better. Investing real money in currency trading is serious business – you could lose more than you expect to make. With the use of indicators, you can minimize your losses or even avert risks completely so that you can earn the big money you came in for.

Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

How to Play Forex Trading With Ease – 4 Wonderful Suggestions to Understand Fx Trading Fast

How to Play Forex Trading With Ease – 4 Wonderful Suggestions to Understand Fx Trading Fast

Inadequate understanding and incorrect tools can typically land you in a fix when you play forex. Understanding the concepts of forex market. Utilizing the appropriate technique is of utmost significance here. There are a number of on the web tools readily offered at your disposal to make straightforward profits from this market. Nonetheless there are certain technical aspects that you need to comprehend prior to you can trade correctly.

Having stated that , there is no doubt that there are several advantages of playing in forex marketplace. To begin with&nbsp it is a 24 hour marketplace in which you can choose the time to play. The markets are accessible on the internet through global network systems. You can choose the quantity, size of transactions and the time that you will devote to trading all by your self.lf.

Unlike the stock marketplace where you have fees like brokerage and commission , there are no fees in forex marketplace. A trade takes location when you determine to acquire and sell currencies. For much more info about “Trading The Forex”, you need to go to:

As soon as you determine to play forex you will notice that as and when you gain expertise you understand tricks of the trade greater. There are a number of analytical tools offered which can help you in predicting marketplace behavior. In truth there are e books accessible both cost-free and for a price that you can read to comprehend the basics.

To play forex here are some points to be kept in mind at all times:

1. Gain some practical expertise prior to you commence actual trading in the marketplace. Forex transaction ideas, terminologies should be clearly understood prior to you enter the market.

two. The golden rule to play forex is do not under any circumstances invest a lot more than what you can afford to lose. In volatile market situations 1 is susceptible to generating on the spot, purely speculative decisions that you may possibly regret later. The amount you can afford to loose should be your ultimate limit that you can stake in the marketplace.

3. When you play forex you realize that the fluctuations in this market are rapid and sometimes the cost swings are quite quickly and frequent. You may possibly have booked profit in a transaction and when you attempt to repeat the identical transaction, currency positions could have changed to your disadvantage. Hence when you achieve the profits that you have targeted for at the beginning of the play stay put . If you rely on your emotions and get greedy you may well really end up creating losses.

four. And finally to play forex it is vital that you predetermine you exit quit loss.

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How Internet Has Really Helped Trading

How Internet Has Really Helped Trading

Is trading a solitary occupation? Some individuals have that opinion; the members in your trading organization are simply you and the charts in your computer. The day-to-day work is checking your charts finding a trading opportunity.

In the past traders didnt even had computers; they draw trend lines, fibs, support and resistance with a pencil and a ruler on paper charts. At that time it was very difficult to find other active traders you could exchange ideas if you didnt went to seminars which were quite pricy.
If they had trading buddies the only way to exchange views which increased the cost of trading if they were located at the other coast.

Now trading by yourself is a n option, with internet in our worlds trading has become far more social than ever, it is like a completely different job. Nowadays you have forums where individuals publish charts, exchange their thoughts and even teach other individuals, we even have social networks solely for traders were individuals share their real trading positions.

In the past you had to spend money to attend a seminar, now we have webinars which many of them are totally free and you dont even have to move from your residence, just log into an url and you see the event from the comfort and ease of your couch.

If you want to chat with a buddy, we have software where you can talk for free of charge, you can have video chats or even watch his computer screen live.

We have twitter where you simply type the market you are interested in and view what other individuals think without even knowing them.

Internet has improved trading in general, now you are capable to place a trade in a second rather than having to call to your broker, nowadays you have all types of options to make new friends or even improve your trading with the help of other people. Now you can to take advantage of all type of software to help you trading and it has introduced more brokers competition which ends up in much better spreads or commission for the traders.

How Bruce Kovner Started With Only $3,000 And Ended Up Making $11 Billion Trading Forex

How Bruce Kovner Started With Only $3,000 And Ended Up Making $11 Billion Trading Forex

Bruce Kovner was a NYC Taxi Cab Driver who didn’t have money to trade forex. So in 1977, he borrowed $3,000 on his credit card and started his journey trading forex and futures. He eventually made $11 Billion.

Many people don’t know his name. But he is a legend of forex trading who started with no money and ended up making a true fortune. This is a lesson to all those who procastinate and think that trading forex requires a lot of money. What this story shows is that anyone with determination can start trading forex with no money and end up making a fortune. Now, don’t take me wrong! This does not mean that you and me can repeat the success story of Bruce Kovner. What it means is that if we want we can also make a mini fortune something like a few million dollars in the next few years trading forex.

Forex is a huge market. Everyday something like $3 trillion get transacted in the global forex market. You too can take part in this global forex trading game and if you are really good at it claim your share.

How do you play a game? With determination and will power to win the game. This is exactly how you should also play the forex trading game.

Now, as shown by Bruce Kovner, you don’t need a lot of capital to play this game of currency trading. You can start with only a few hundred dollars and over time compound that small amount into a huge fortune.

However, what you need is the right methods and the right forex trading strategies. This requires determination, effort and learning on your part. But one thing is clear money is not important in starting forex trading.

What is more important is your mind, your discipline and your determination in winning the forex trading game. Trading is all about discipline and right strategies.

Let me give you another example of Richard Dennis. Richard Dennis is another trading legend famous for his Turtle Traders. Whatever, once upon a time, he was a small time trader. He started trading commodities with only $300. Guess, how much he made eventually in the next few years? He made $200 million plus. What these stories illustrate that all great traders had started small but they had the determination to succeed big. You too can follow in their footsteps. You don’t need money to trade forex, you only need determination and the right skills! Good Luck!

Risk Free Forex Trading Strategy

Risk Free Forex Trading Strategy

Forex trading has become the recession proof business of 21st century. There is no better way to make money from home than forex trading. You only need a computer and a good internet connection to start. However, many people still afraid and consider forex trading to be risky. Well in this post, I will give you a risk free method.

Anything done without education and training is bound to fail. You cannot become a good tennis player by simply holding a tennis racket. Same with forex, you need education. The good thing is that now days, you can find very good educational resources online. Just Google, forex trading course and you will come across many websites that will tell you almost everything about forex trading in simple and easy terms.

Now once you feel confident that you have learned a few good forex trading strategies, you can open a demo account. Demo account gives you the privilege to trade without losing your actual money. You will get the real data but you will be using virtual money. So you can practice the strategies that you have learned without being afraid of losing your money.

But here, I will tell you that most of the people now use forex robots. Auto forex trading has become popular with the introduction of metatrader platform that gives you the ability to write programs in MQ4 script. A number of good programmers and expert traders have teamed together to develop good robots also known as expert advisors that can trade on your behalf 24/5. Dont forget the forex markets are closed on the weekends.

Visit my blog to read more on different auto forex trading systems. There are two very good auto forex trading systems that you can try. Both the systems come with 60 days money back guarantee. Try anyone of the system for 60 days on your demo account. If you feel that it works for you, start live trading otherwise asks for a refund. How much money you have lost? Not even a single cent. Now this is the risk free forex trading strategy that you should not miss.

Forex trading is a great way to make a fortune working from your kitchen table. Dont miss this opportunity. You only need a little bit of effort and commitment and you will succeed. I have given you a very safe risk free method to trade that you can use. Visit my blog where you fill find lots of material on forex trading strategies. GOOD LUCK!