Friday, 22 April 2011

Forex Tips – 3 Simple Ones To Increase Your Gains Dramatically!

These useful forex tips can be implemented in any trading method and they will decrease risk and increase your incomes. They will not take long, so look at these 3 simple forex tips more detailed.
Tip 1 Cut Your Trading Frequency
Many traders simply trade too often. They think that the more they trade the more possibilities they will have to make money. Other people think if they do not trade they will miss a move.
In forex trading you are not rewarded for how often you trade. You make money for being right. This is the only feature to judge your trading performance on and most traders forget this.
Take this into consideration
Trading is a game of chance and good reward/risk traders simply do not come around often and in forex trading you should only stay focused on them.
For example, I know a few traders who trade only a few times per year and get 100% winning. If you lower your trading frequency, then you can add in the next tip to earn large sums of money.
Tip 2 Risk More
You may know a lot about forex traders telling you that you should risk no more than 2% per trade. This is not true.
If you are trading a small account you will never earn money doing this.
For instance you trade $10,000 – 2% is just $200!
So, if you assume risk goes with reward, you will not make much subjecting this at risk. Remember that you risk 2% when trading, give you less possibilities to achieve success than if you risk 20% on a high odds trade.
Most people think that they take low risk, but in reality they set themselves up to lose longer term.
Risk relates to the odds.
Bear in mind you take a calculated risk at the right time and risking more is the only way for you to win big. So, how much should you risk of your account size?
Tip 3 One At a Time
Diversity is the next hum word that lowers risk, but if you spread your trades around, you just weaken you profit potential. Do not fall into this trap.
Choose the best trade you have and load it up with as much as you can afford and hit it.
But
You probably think that it is not universally accepted principle and that is right, but bear in mind that most people do not make real money. So, there are some benefits to be in the minority.
These days there are many people who will tell you that you can trade forex with low risk. If you decrease risk to much, you will not win. It is an investment fact:
The bigger the risk the bigger reward.
Because of troubles in the economies of many countries Foreign Exchange market has become a very popular way of earning money. Those who are searching for productive strategy, might be interested in managed forex account. But please it’s important that you read about forex trading scams before dealing with forex trading.
It is a must to read reviews and perform forex scam check before you invest money into trading activity. This is important, don’t forget that we live in the world where information makes life easier.
Due to this if you are properly armed with the knowledge in your topic you can be sure that you will in any case find the way out from any bad situation. So, please make sure to track this blog on a regular basis or – an ideal solution for you – sign up to its RSS feed. Thus you will have a direct shortcut to the freshest info updates here. Blogging can be helpful, you just need to know how to use blogging for the currency exchange market.

How A Beginner Can Succeed In Forex?

The Currency markets can be quite intricate if a person does not understand how to begin buying and selling. Understanding how to industry involves a superb comprehension of the elementary along with specialized research into the foreign currency trade.
If you’re to succeed in the Foreign exchange, you need to trouble understanding a minimum of the basics, even though achievement will come most likely to those that have each the basic and specialized capability to analyze the marketplace.
You need to discover the mastery of the fundamentals. The Currency markets offers numerous opportunities that it’s really worth taking the time to understand as well as master the essentials. It could be profitable as long as you combine your basic principles as well as your technical know how into make use of. You can generate thousands of money even while in your own home.
Though the Currency markets can be very deceitful. This is how knowing about it of the fundamentals as well as specialized aspects of the Forex foreign currency trade may come in convenient. Buying and selling can involve several high risks.
Once you participate in buying and selling in the buying and selling marketplace, it helps to become led through the following:
• Hone your trading knowledge and find equally as much understanding and knowledge as possible before you toss yourself in the marketplace. Being prepared is crucial to achieve success in the trade. The starting point to being prepared is actually to discover the basics of the trade. There are several assets that you can find in the internet that will allow you to acquire the necessary understanding and skills in buying and selling in the Currency markets.
• In spite of your own measure of knowledge, it is important that you have a good plan or even strategy to put into action. You just will need to have a roadmap to have the ability to achieve your destination which can be profitability and monetary independence.
• Exercise discipline once you trade in the market. That is one component that is actually most often ignored through investors. Reasoning as well as reasoning is far more important than emotions whenever trading in the Foreign exchange. You have to be logical and turn into away from being carried by your feelings. Don’t be greedy that you just are not able to take profits at a reasonable degree, such as the end up being as well afraid that you cease opting for the good wipe out out there.
It’s relatively easy to start to industry in the Forex market. All you have to apart from understanding the fundamentals of the industry and several technical know-how is actually to have a financed Foreign exchange account, as well as an net connection.
To generate profitably in the business has a various tale. You need to find a way to merge your own basic and specialized knowledge in addition apply a common sense of logic and thinking along with self-discipline. You also demand a confirmed program that will show you the way to stay consistent in generating your profits once you trade in the Forex market.
You must be aware of the fact that managed forex accounts is a risky investment, because forex trading can result both in profits and losses.
Due to this we highly recommend to learn more about the topic of forex investment, before you start investing any money on it.

Forex Trading – Nine Myths About Trading

Learn forex trading to become successful. In this article you will get to know about common myths and you can always get profits no matter which way the market moves.
1. You should always be involved in trading
Do not trade just for trading. It is a common mistake and it often leads to more losses. Do not search for a trade that does not exist. Trade only when you have checked all variables and the trade makes sense. Do not get caught up in the market movements. Apply your knowledge, carry out research and think before trading. Try to be selective in your trades. You should always aim to develop and protect your capital. Sometimes it is better to get back the next week than to get a wiped out account.
2. You can make money on every trade.
You will experience some losses. It is actually not bad, because it proves that you learn from your experience, no matter how damaging it can be. You should aim to decrease your losses and increase your wins. A small loss can be regarded as a victory against a big loss, it is the way of thinking that you need to acquire if you want to become a successful trader.
3. You can follow some trader’s system blindly.
It is a big myth. There are many different courses, books and seminars concerning forex trading. You should learn from them. But which is more important is that you should establish your own relations with this market. You should try to gain as much experience as it is possible and learn from it. Get the right system and implement profitable ideas.
4. You do not need a plan.
Set a goal of making money. Create a plan to do this. The statistics states that most forex traders fail because they do not have a good plan. Spend some time to compose a plan. Decide how much money you would like to make every month. Your plan will help you to stick to your goal and stay concentrated on small goals before you attain the main one.
5. The more currencies you trade, the more money you will make.
It is not true. Choose one currency pair and become an expert in it. I recommend specialising in one currency pair, researching it dynamics, relations to other pairs and recognising its patterns. Therefore you should have enough confidence.
6. Find the pattern
It is not all about patterns and charts. The vital thing to be considered is that the calculations do not always work in the forex market. Outer factors can affect the market at any time and sometimes the market can behave in the most unexpected way. Science it just theory and you should make your own analysis if you want to achieve success.
Due to hard times in the economies of many countries Forex is a very popular way of earning money. Those who are searching for effective strategy, might be interested in managed forex account. But please it’s important that you read about forex trading scam before going into forex trading.
It is a must to read unbiased reviews to make a decision “is forex trading a scam?” before you invest money into trading activity. This is important, don’t forget that we are living in the world where info makes life easier.
Due to this if you are properly armed with the info in your topic you can rest assured that you will always find the solution to any bad situation. So, please make sure to get back to this web site on a regular basis or – the least time consuming way of doing it – sign up to its RSS feed. Thus you will have a direct shortcut to the latest info updates here. Blogs can be helpful, you just need to understand how to use blogging for the currency exchange market.

Some Ideas To Be Fortunate Forex Trader

Forex trading market involves currency exchange that can be implemented by financial organizations as well as private currency traders. This market is very comprehensive and intricate but it surely gives significant profits to the professional traders. Currency trading market is even more popular that futures or stock markets.
There are a lot of reasons why this financial market attracts more and more professionals as well as beginners every day. Forex trading market has a lot of advantages in comparison with other financial markets. Forex trading market is fast, dynamic and liquid. It offers free commission trades and significant daily profits.
Stock trading involves brokers’ charges for the prospective trades. In the field of Forex brokers earn their money according to the spreads between the currency pairs. The risks are high as well as the probabilities of your profits. You can lessen the risks using a firm trading system.
You can trade intraday or use long-term trading tactics. It all depends on your preferences, style of trading and finances. Forex trading movements change very fast and it is difficult for inexperienced people to trade Forex intraday. You need to have sufficient knowledge and skills to trade Forex successfully.
In reality Forex market is opened for everyone. You can start your trading almost instantly. Information about Forex can be easily found on the Internet. Beginners should learn a lot of information about this kind of trading to understand its basics. Then it is strongly recommended to practice using demo account. If you are successful with your trading on the demo account you can create a real account and start making money.
You should take psychological problems into your consideration. The risks of losing money will never disappear. So you need to be prepared for this kind of pressure. If you want to trade successfully you should find a good mentor or positive trading courses. This practice is really useful to improve your trading knowledge and skills.
Those who are going to trade for sure have to go to this Forex site – there one can learn much related info on Online Trading.
This is important, don’t forget that we are living in the world where info quickly enhances the quality of our life. Take advantage of the Internet and search for Forex trading if you need this type of info.
If you are properly armed with the info in your sphere of interest you can rest assured that you will in any case find the solution to any bad situation. So, please make sure to track this site on a regular basis or – an ideal solution for you – sign up for its RSS. Thus you will have your hand on the pulse of the latest info updates here. Blogging can be helpful, you just need to understand how to use blogging for the currency exchange market.

Make Money In Forex

In recent years more and more people decide to make money through forex trading. It is due to the fact that there are many different forex platforms available that can help to understand the market better. Nonetheless, there are many benefits that you can reap from these techniques. There is some risk involved and you will experience some losses, not only gains.
Nonetheless, there are some things that you can do which can assist you to make more money via forex trading. Below will discuss some of these.
1. Before you start trading, you should open a forex trading account. This will allow you to do trades online and perform trades with anyone in the world at any time convenient for you. This will give you an access to more trading opportunities and will give you a chance to enhance contacts with other traders.
2. Another thing you need to choose is whether to do it alone or use the services of a forex market broker. Using a broker, you will get assistance to go through the process of performing trades and ensure that the ones you perform will not be too risky to you. By using these services of a broker, you can get any opportunities that you can use without undergoing any training or education. It is obvious that this will cost you some money to use these services.
If you chose to do it alone when making profits in forex trading, you should try to collect as many resources as possible. There are many training resources available that will suit your learning mode and will include everything essential to ensure that you learn how to perform effective trades.
A good course is that one that can teach you basic things about forex trading, such as fundamental analysis because this will help you to understand better how the forex market operates. Via fundamental analysis you can see how, economical and political events can influence this market. So, you will be in a stronger position when it is better to start a trade and when to exit it.
Here is a word of caution. Many scams show up where companies offer to do trading for you. You should run away from this. Create your own forex strategies with a professional and your own trading via the licensed broker. Make sure that you do trading yourself, do not trust anybody.
Of course, you can earn money quickly through forex. The market operates 24/7 and it is liquid. But be careful to not lose everything you have. Forex offers splendid opportunities. Take the cautious measures mentioned above. Search for accumulated knowledge base in much greater depth using internet broker services, free tutorials and demo accounts which will offer you the basis you need to earn quick money trading with Forex.
Because of hard times in the world economy Forex has become a very popular way of making money. Those who are searching for productive strategy, might be interested in managed forex account. But please it’s important that you read about forex trading scams before dealing with forex trading.
It is a must to read unbiased reviews to make a decision “is forex trading a scam?” before you invest money into trading activity. This is important, don’t forget that we are living in the world where information quickly enhances the quality of our life.
Due to this if you are properly armed with the information in your topic you can be sure that you will always find the way out from any bad situation. So, please make sure to get back to this web site on a regular basis or – the least time consuming way of doing it – sign up to its RSS feed. In such an easy way you will have a direct shortcut to the freshest informational updates here. Blogs can be helpful, you just need to understand how to use blogging for the currency exchange market.

Sunday, 17 April 2011

Top Forex Trading Platform

If you performed some trades in the past, you know that one of the most vital things is to define the most appropriate trading platform. The platform is a place where you can trade currencies. There are many of these online and currency trading. It is a billion dollar industry which most people try to apply and make money from. So, the question is which forex platform is the most suitable. In this article I will describe 3 favourite ones and why I think them to be the most appropriate platforms.
Etoro – If you have ever deliberated on trading in forex market in the past, you must have already heard this word. It is due to the fact that this website is user friendly and is excellent for newbies who want to start trading but are still uncertain how to apply their accounts. It is because Etoro recommends guided tutorials, personal trading couches and a user friendly interface which is simple to steer and comprehend. Another great bonus if you choose Etoro is that they provide up to $10,000 in bonuses for registration, which would attract anyone. But this relies on your deposit.
Forexyard is great forex trading platform similar to Etoro but is not for novice. If you traded forex in the past, then I suggest this platform because there are more savvy interfaces that will help anyone who has traded before and know a little bit more about the numbers behind the trading. Everything is identical between the forex platforms so most try to offer the best benefits to attract people to trade with them. Forexyard provide “Deposit funds worth $1,000 or more into your FOREXYARD account and obtain a 10% moneyback for free, which is up to $1,000.”
Finexo is my 3d favourite trading platform, though most people think this to be the best trading platform. I consider it to be difficult to choose between each and since this website has the worst bonus package out of these, with 10% bonus but only up to $500. I think that you should select one of these platforms.
To make a conclusion about popular forex trading platforms, you should see what you will obtain. Consider all the benefits offered in each. The first thing that I suggest is that you follow an expert advice if you have a definite amount of money to invest which is the most profitable forex platform to invest in, this will give you the understanding into which direction your money flows. But the main thing you should consider is that the best forex platform in the world will not assist in trading if you do not make smart investments. So, make certain that you select the right trading platform that will bring profits to you.
Since its appearance Forex has become a very popular way of making money. The main reason of such popularity is, of course, that big money can be made quickly here. Very often success in trade depends on a platform. Try different platforms, track what platforms successful forex platform traders use. Also it would be smart to find out something about trading forex platform if you are going to deal with it. Today the Internet provides you with a nice opportunity to look for anything you need. So just search for forex platforms trading and go ahead to your wealth.

Thursday, 14 April 2011

Tips On How to Start Forex Trading

1. You can make money with Forex Trading if you are fully equipped with the knowledge and skills required in Forex trading.

2. You can make money with Forex Trading if you are committed to online currency trading since online currency trading is considered the future of Forex trading

3. Before you start in Forex trading, it is necessary for you to set up your account with a Forex broker. Choose from the best of the available Forex brokers online. Research on those who require fees which fit your budget and most especially those who are very experienced and skillful in Forex trading.

The Easiest Way To a Forex Fortune - And How To Avoid a Huge Loss

Everyone seems to be jumping on the forex bandwagon because there is serious money to be made. However, here's a dirty little secret: the majority of people of people who start trading on the forex (foreign exchange) end up with a loss. Furthermore, a significant portion of these people end up with a HUGE loss.The problem is that most people are using a technique(s) that is at least a step or two behind. The technique they are using may have worked really well in the past but the forex changes so rapidly it is difficult to keep up.
If you use forex software, it is usually designed after a successful forex strategy that USED TO work well but doesn't work as well at the time you use it. This problem can be reduced by using forex software that has a really real live human being behind it and is working with a really fast programmer who is updating the software at exceptionally fast and furious speed. However, it's almost never fast enough. In fact, I know of no software that updates fast enough to work all that well. I do know a few people who use top-rated software and they about break even.
If you've studied the forex strategies written by experts, there's a good chance that the information was out-dated the moment you received it. Then, by the time you read it and digest it and figure out how to implement it, it's REALLY outdated!
So what do you do?
How do you make money with forex?
How can you get around the problem of out-dated information in the fast paced every changing world of forex?
How can you receive real-time information that is based on techniques that are working right then and there?
The most honest answers to these questions is to find a way to copy an experienced and highly successful forex trader in real time. You want them to send you forex signals in real time (NO DELAYS!) and then you want to copy what they do in real time.
Now, I need to tell you that a quality service like this is as rare as a precious diamond. In fact, I only know of two services that send forex signals fast enough and from an expert who is fast enough on his feet to constantly adapt the ever-changing foreign exchange - to make it so you can copy what they do and make a lot of money.
If and when you do find a service like this, you need to understand how valuable and rare it really is and hop on that opportunity as quickly as you can because I predict this type of service won't be around forever.
I also highly recommend that you don't use real money to test the service but rather sign up for the service and then trade in a demo account for at least a month before you use real money. This will show you how good the signals are and it will help you drastically reduce risk.
I've really dug into this and here's the very best forex signal service I have found. The signals are sent in real time (no delays) and the person sending them is one of the best known forex trading experts out there.
You also get the added benefit of webinars that disclose WHY he's making the trading decisions he's making as you go along. So, you end up learning how to think like he does. Here's the link.

Article Source: http://EzineArticles.com/?expert=Joe_Wolfe
http://EzineArticles.com/?The-Easiest-Way-To-a-Forex-Fortune---And-How-To-Avoid-a-Huge-Loss&id=6157866

Wednesday, 13 April 2011

How to Make Money Trading Forex from Home

How to Make Money Trading Forex from Homethumbnail Make Money and Profit from Home with FOREX!

How to Make Money Trading Forex from Homethumbnail
This article will show you how to make money trading Forex, what the Forex market is, how it works and how to start making money from home trading Forex!
(1) Read about Forex! The Forex market is the worlds largest market with over a trillion dollars exchanging hands daily. This provides an excellent opportunity for you no matter how much money you are willing to invest. The sheer volume of the market creates opportunities to make money in both directions no matter how the stock or bond markets are doing, and so it is an excellent way to diversify your portfolio!

(2) Find a reputable broker. Some good brokers include Alpari, InterbankFX and ForexPro. Make sure whichever broker you choose offers a free demo.

(3) Create a Demo account. A demo account allows you to play with fake money while gaining valuable skills. Be aware though, in the real market there are more factors at play and demo account results to not necessarily translate into real world profits.

(4) Download the software. I like brokers who carry the MT4 platform because it is simple and effective. You will first download and install the software and login to your demo account. Once the account is open select a "currency pair" from the side of the screen and open a new chart.

(5) Place a Trade. Watch the trends, when you make a "new order" you choose either to "buy" or "sell". The currency is divided into pairs so you first choose a pair. I like the EUR/GBP pair because of its stability. When the charts show lines going UP you want to BUY because it shows the EUR is rising as the GBP is falling. Suppose the chart shows lines heading down. Then you want to SELL because EUR is falling compared to GBP. This is how profits are made in the FOREX market.

(6) Develop a trading style. While practicing with your demo account you will notice certain factors that effect the markets. Breaking News for example. If you know the Federal Reserve is going to release a statement that will be bad for America's financial strength, don't buy dollars! Every investor develops his or her own style for maximum profitability, keep up the hard work!

(7) Create a Real Live account. So you are ready to hang with the big boys eh? Be very careful when you enter the real Forex market and make sure to keep your lot sizes small until you are SURE you know what you are doing. Many investors get cocky and blow their whole accounts, the smart investor stays regimented and does not make huge gambles.

(8) Continue your financial education. You can never know TOO MUCH about Forex. Keep reading and searching for strategies and techniques to apply to your own style, there is limitless potential!

(9) Consider getting an automatic trading robot! I use fapturbo which pulls in some pretty good profits you won't get rich over night but over time it all adds up! I have provided a link below.

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Money and Risk Management

Theoretical knowledge and experience are needed in order to earn money on any financial market. This work experience includes:
  • Fundamental analysis
  • Technical analysis
  • Money and risk management
    Fundamental analysis allows to determine the dependence of exchange rates of different currencies on the economic situation of countries; explains the purposes and instruments of central bank's financial policy; and reveals the proportion of different financial markets, reasons for their development and stagnation. Fundamental analysis is used for middle and long-term prognosis; it evaluates the perspectives of a market situation. It is built on fundamental mutually intertwined economic factors. The biggest difficulty lies in the fact that changes in one of those factors can influence all the rest, the number of which varies from 20 to 50 depending on the country. That's why fundamental analysis is not used by everyone. Only 10-20 % of traders apply it in their practice.
    Technical analysis includes examination of price diagrams, price history, and the number of changes in quotation within a certain period of time. It's very convenient to use because data on prices is available online. Technical analysis mainly gives information about market activity and only conditionally about market volume considering only short periods of time called time-frames.
    Money and risk management is the third and also very important aspect of the trading system. Financial operations on Forex are very risky, and often the higher the supposed profit the higher the risk. Following all rules of money and risk management helps reduce losses and increase profits.
    Money and risk management appeared in 18th century, when it was applied in gambling to raise the chances for winning. Mature players followed their own strategies, incurred losses to enjoy profits later. Working on financial markets is similar to gambling because both profits and losses are not predictable. That's why principles of money and risk managements started to be used in the financial sphere.
    It often happens that beginner traders do not take aspects of money and risk management seriously; but this mistake can lead to failure even with a good trade strategy. Not just sums of earned money are important in trading; amounts of losses during work add to success as well. That's why it's recommended to calculate the portion of risk-subjected capital for successful trading.

How to earn money with Forex

Since it might be a bit complicated for a beginner to figure out how to make money in Forex, we offer you this example:
    You believe that the Euro to US Dollar (EURUSD) rate will increase, and on your balance you got 2000 USD (fx4u-classic account). At the price of 1.2750 you buy 150,000 Euro for 150,000 * 1.2750 = 191,250 USD.
    This is possible because of the credit, which allows you to make transactions worth 100 times more than funds available on your balance (in this specific case, the maximum sum available for transactions is 2000 * 100 = 200,000 USD).
    After a period of time, the exchange rate increases. You sell 150,000 Euro at the rate of 1.2850 and get 150,000 * 1.2850 = 192,750 USD back!
    Thus, after buying at a low rate and selling at a high rate, the difference 192,750 - 191,250 = 1500$ is your profit! You have earned 75% of initial funds in your account, while the rate increased just by 0.8%.
    Another way of making a profit on Forex is based on the decrease of the quotation rate of the EURUSD currency pair:
    Having created a real account with 200 USD in it (same type of account - fx4u-classic), you determine the upper and lower limits on the Euro to Dollar chart and sell 15,000 Euro (0.15 lot) at the upper limit for a price of 1.2850 (bid price) USD for 1 Euro, which equals 19,275 USD (15,000 Euro multiplied by the rate of 1.2850).
    You have funds in USD in your account, but you can sell Euro using the automatic borrowing system. Hence, the company lends you 15,000 Euro free of charge, which you can sell by sending a selling request. Due to the leverage, the actual deposit is 100 times less than the sum sold: 15,000/100 = 150 euro. At a rate of 1.2850 this equals 192,75 USD. This very sum is going to be a deposit for a credit (marginal) transaction for your account. The maximum possible deposit in this case equals 200 USD.
    Then during the day the price drops to the lower limit and you decide to buy 15,000 Euro at a price of 1.2750 (ask price) USD for 1 Euro, which equals 19,125 USD. The 15,000 Euro that you have bought are written off your account towards the repayment of the company loan, while the difference is left in your account.
    Thus, due to the fall in the exchange rate you earn the difference between sold and bought, which is 19,275 - 19,125 = 150 USD. You managed to earn 75% (150 dollars) of your initial sum of 200 USD due to a rate decrease by 0.8% (from 1.2850 to 1.2750) in only one day.
    The company takes a commission in the form of the difference between the ask and bid prices or spread, which in this example is 3 USD (spread of EuroDollar pair equals 0.0002 or 2 pips). More detailed information on terminology is in the Glossary.
    In these examples, the spread is not taken into consideration while calculating percentages of rate changes because of its non-essential influence on the results. In the case of fx4u-cent account the calculations are similar with a difference only in account currency  - US or Euro cents instead of USD or Euro.  The consecutive use of the transactions shown gives the income of 75%+75% = 150%. In actual practice a much greater return may be achieved by using corresponding money management methods. Risk management methods also play an important role in trading

How do I trade on the forex?

For starters, you simply choose which two currencies you want to make a deal with on the forex. You choose the amount of the deal you'd like to make (called the "volume"). You make a deposit to provide the collateral needed for the deal, called the "margin." In most cases, this is just a fraction of the overall amount of the deal, for example, 1%, or 1:100.

    You still have the power to "freeze" the deal for several seconds before you finalize it. Freezing allows you to adjust the terms or to accept them as they are. Or, you can call the whole thing off, and cancel the deal. Freezing is a feature offered exclusively by Forex4you. While your deal is still running, you have a so-called "open position." This means that you're able to follow your deal's status and scenarios online at any time. You can make changes to the deal's terms, or you can simply cancel it and either pocket any profits, or minimize any losses. What's more, Forex4you allows you to set a "take-profit" rate. When and if the market reaches this rate, your deal will close automatically, allowing you to be away from your computer while you have an "open position."

   Ready to learn more, or find additional training online. Just register with us, with no obligation, and we will lead you through the process step-by-step.
    Click here to read success stories of real people.

Happy trading with Forex4you!

How do I make a profit using the forex?

The answer is obvious: just as with any market, you make money by buying low and selling high! Buy for less, sell for more! All you do is take advantages of fluctuations in the relative values of world currencies. Each currency's value changes every day in the currency exchange market. All you have to do is use these fluctuations to your advantage.

    One thing we'd like to mention about currency exchange on the forex.  These daily fluctuations are actually 100 times greater than the actual fluctuation (for example, around 1%). Generally speaking, Forex4you can offer trading ratios of between 1:10, 1:100, 1:200 and 1:500. So let's do the math: if the exchange rate of your given pair of currencies increased by just 0.6% over the last few hours, then you'll bag a profit of 60% on your original investment! All of this can happen over the course of a single business day, or as quickly as a matter of minutes.

    And best of all, you don't risk losing anything more than your margin! There's absolutely no limit to your possible profits, but you never risk losing anything beyond what you originally invested.

    And another thing: you have the power to choose your pair of currencies, and their amount, based on which way the market's headed, and still turn a profit. It makes no difference which way the exchange rate is headed, down or up, because you always have the choice of buying US dollars and selling Yen, or the other way around - buy Yen and sell US dollars. And no, you don't need to actually own any particular currencies, or "have" them in hand, in order to make transactions with them on the forex (to buy them or sell them).

Forex history

In 1967, a Chicago bank refused a college professor by the name of Milton Friedman a loan in pound sterling because he had intended to use the funds to short the British currency. Friedman, ho had perceived sterling to be priced too high against the dollar, wanted to sell the currency, then later buy it back to repay the bank after the currency declined, thus pocketing a quick profit. The bank's refusal to grant the loan was due to the Bretton Woods Agreement, established twenty years earlier, which fixed national currencies against the dollar, and set the dollar at a rate of per ounce of gold.
    The Bretton Woods Agreement, set up in 1944, aimed at installing international monetary stability by preventing money from fleeing across nations, and restricting speculation in the world currencies Prior to the Agreement, the gold exchange standard--prevailing between 1876 and World War I--dominated the international economic system. Under the gold. exchange, currencies gained a new phase of stability as they were backed by the price of gold. It abolished the age-old practice used by kings and rulers of arbitrarily debasing money and triggering inflation. But the gold exchange standard didn't lack faults. As an economy strengthened, it would import heavily from abroad until it ran down its gold reserves required to back its money. As a result, money supply would shrink, interest rates rose and economic activity slowed to the extent of recession. Ultimately, prices of goods had hit bottom, appearing attractive to other nations, which would rush into buying sprees that injected the economy with gold until it increased its money supply, and drive down interest rates and recreate wealth into the economy. Such boom-bust patterns prevailed throughout the gold standard until the outbreak of World War I interrupted trade flows and the free movement of gold.
    After the Wars, the Bretton Woods Agreement was founded, where participating countries agreed to try and maintain the value of their currency with a narrow margin against the dollar and a corresponding rate of gold as needed. Countries were prohibited from devaluing their currencies to their trade advantage and were only allowed to do so for devaluations of less than 10%. Into the 1950s, the ever-expanding volume of international trade led to massive movements of capital generated by post-war construction. That destabilized foreign exchange rates as set up in Bretton Woods.
    The Agreement was finally abandoned in 1971, and the US dollar would no longer be convertible into gold. By 1973, currencies of major industrialized nations became more freely floating, controlled mainly by the forces of supply and demand which acted in the foreign exchange market. Prices were floated daily, with volumes, speed and price volatility all increasing throughout the 1970s, giving rise to new financial instruments, market deregulation and trade liberalization.
    In the 1980s, cross-border capital movements accelerated with the advent of computers and technology, extending market continuum through Asian, European and American time zones. Transactions in foreign exchange rocketed from about billion a day in the 1980s, to more than .5 trillion a day two decades later.

Forex volumes

 Forex is the world biggest financial market. In April 2004, average daily volume used to be 1.9 trillion US dollars, which is higher than:
  • eleven average volumes of all world stock exchanges together (167 billion US dollars);
  • forty average volumes of NYSE - biggest stock exchange in the world (46 billion US dollars);
  • 300 US dollars every day for every world citizen.
    By April 2007, average daily volume increased to 3.2 trillion US dollars (~70% higher than in April 2004).
    Most important markets: USA, United Kingdom and Japan. More than half of Forex volume is done in the UK and USA. Highest activity is detected in period of different markets' working hours interference.

Friday, 8 April 2011

How Does Forex Trading Work?

Forex trading is typically done through a broker or market maker. As a forex trader you can choose a currency pair that you expect to change in value and place a trade accordingly. For example, if you had purchased 1,000 Euros in January of 2005, it would have cost you around $1,200 USD. Throughout 2005 the Euro’s value vs. the U.S. Dollar’s value increased. At the end of the year 1,000 Euros was worth $1,300 U.S. Dollars. If you had chosen to end your trade at that point, you would have a $100 gain.


Forex trades can be placed through a broker or market maker. Orders can be placed with just a few clicks and the broker then passes the order along to a partner in the Interbank Market to fill your position. When you close your trade, the broker closes the position on the Interbank Market and credits your account with the loss or gain. This can all happen literally within a few seconds.

Learn to Trade Currency with FXCM: Watch Beginner Forex Trading Tips

How to Join the Forex Market with Minimum Investments

When it comes about profitable business and investment opportunity, Forex currency trading is one of the most viable choices. However, for investors, who participate in this complicated and at the same time lucrative investing activity, the whole thing may seem to be very expensive. When it comes to trading under real market conditions, there are two burning questions commonly asked by potential investors: "What is the minimum capital needed to start trading?" and "How to join the Forex market with minimum investments?"

Actually, one of the main advantages associated with Forex currency trading is a small amount of money required to start. The Forex market is considered to be free and easily accessible for everybody: while in the past foreign exchange trading was limited to large banks, corporations and other financial institutions, today individual investors can participate in online currency trading without investing a fortune by opening mini Forex trading accounts.

Mini Forex trading is an ideal option if you are looking to join the Forex market with minimum investments. As a rule, mini Forex accounts are designed for those investors, who are brand new to Forex and looking to gain necessary experience with minimal capital risks involved. While allowing to trade in smaller lot sizes, these accounts are commonly used by traders, who want to test various trading systems and develop their own strategy without being too stressed in case of a loss.
Mini Forex account

You should know that mini Forex accounts work exactly the same way as a standard account using the exact same resources and tools. The only difference is that you have to place a relatively small amount of money on your deposit to start trading. Another point of mini Forex trading is that the amount of risks as well as the amount of return is directly related to your investment amount. But don't think you can't generate a substantial profit trading with minimum investments. Any reliable broker offers a so called leverage option that provides mini Forex trading account holders with the flexibility to make trades, which are much bigger in value than their initial deposit.

It should be mentioned that minimum investment requirements to join the Forex market vary from broker to broker. While some brokerage firms require several hundreds of dollars to join, there are some Forex brokers that have a minimum trade requirement of just $10.

How To Earn Money From Forex Trading

So how do you become successful in this business? The answer is very simple. Like any business, this is also a trading activity and you need three things to succeed. You need tools, you need knowledge and you need experience. I can give you the first two. If you use them wisely and diligently, over time you will gain experience and become a successful forex trader. No need to add that this business is really lucrative with minimum investment.
One of these tools is right here. Have a look at this money making tool if you want to change your life forever. Your destiny is in your hands and opportunity is knocking at the door. You have to take the first step.This is very handy for you if you are starting out. Forex trading for beginners is made easy if have this tool in your hand as it gives all the basic information you need to start your career in forex business.

How Forex Trading Is Done

Since forex trading is trading of one currency for another, it is always done in pairs. And all the major and commonly traded currencies are paired against US dollars. There are four main currency pairs: British Pound and USD (GBP/USD), Euro and USD (EUR/USD), USD and Japanese Yen (USD/JPY), USD and Swiss Frank (USD/CHF). In each currency pair, the first currency considered as commodity and the second one as money. So if you choose GBP/USD to trade, and if you buy, you buy British Pound against USD and if you sell, you sell British Pound against USD. It doesn’t matter what currency you have in your account. The trading software takes care of the exchanges and transactions automatically.This software is usually provided by the broker. The important point to remember is that there is no comrevensive or full proof guide for forex trading for beginners. Have some basic knowledge and play around with a demo account for a couple of months and then with a mini account. This is the best learning process.No amount of theory can prepare you for forex trading. But yes, you need to be familiar withe terminology and the concept of forex trading if you want to be successful in this venture.
How Long Forex Trading Has Been Around
Currency trading has been going on for a long time to facilitate normal business of different countries with different currencies. But now with the advent of ecommerce, online trading of currency has started. And so a new type of business has evolved. This is what is commonly known as forex trading.

What Is Forex Trading

Forex trading is considered as liquid business as you are not dealing with any kind of physical goods. What you are actually doing is trading in two currencies in which while you buy one currency, you are selling another. And the spread is your profit. Even though it sounds very simple you need to try your hand at this for sometimes before you are really successful. Forex trading is being done by bankers who are known as market makers. There are also brokerage firms who deal with forex. In fact this market is open 24 hours for 5 days a week. The business starts 20:15 GMT on Sunday until 22:00 GMT Friday.
But what exactly is forex trading? There are many guides for forex trading for beginners. In this article I will give you some simple information by way of introduction to this type of trading business. In simple words in forex transaction one currency is exchanged for another. So how do you make money out of these simple transactions? There are certified brokers who help you buy and sell different currencies through internet for a small commission. You need to register with one. Be careful while opening the account. The Commodity Futures Trading Commission (CFTC) in US regulates the forex activities. So if you are from US, be sure to check that the broker is a registered member of CFTC. If you are located outside US, you need to be certain that the broker is registered with the appropriate authority of your country of residence as per requirement. You can open a simple forex account with the minimum amount of $300, but usually the standard amount is $2000. After you register, there is mock trading to help you learn the tricks of the trade. Then of course you go for actual trading.The most useful tip for forex trading for beginners would be to start with a mini account before you graduate to the high volume trading in forex.

Forex Trading Tips


How would you like some effective forex trading tips for beginners to embark upon forex trading in your free time? In fact forex trading is a successful and easy way to earn substantial amount sitting at home.Here are a few tips to get you started.This article will be peek into the world of forex trading.So here are a few tips about forex trading for beginners The only implements you need for this lucrative business is a PC and a fast internet connection. You do not need any high qualifications or degrees to successful in this business. But yes, you need some basic knowledge about how this system works and some software to help you. In fact forex trading is the best home business you can start with least investment and with only some little skill like basic understanding of the game. So let me introduce you to the world of forex trading.If you are a beginner looking for forex trading tips, this article is just right for you.