Dec 08

Social Trading – Automated Social Forex Platform

forexplatform3Discover the World of Successful Trading by Copying Trader to Become an Example to Follow!

The benfit with Social Trading and the automatied copy-trading system will allow you to dublicate the best traders, trade independently, share information and communicate with your traders.

Take advantage of successful traders’ experience or share your own success with others through the copy-trading system. Dependign on your goals, choose the role that really suits you and achive your objects!

Why should you copy other traders?

  • You will receive a profit from copying successful traders’ trades
  • Become an investor and a follower
  • Copy traders, chat and earn profit!

 

 

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Nov 07

Forex Trading Course – A Must for Forex Beginners

forex17Why You Need to Learn the Market Before You Start Trading

In the world’s largest financial market where exchanges reach up to trillions of dollars each day, many people would really want to participate in this market. Aside from geing the largest financial market in the world, Forex is also the most liquid market in the world where trades are done 24 hourse a day.

A lot of traders have become very rich trading in the Forex market. And, many people who trade in the Forex market everyday have found a great way to replace their day jobs. Some even became millionaires almost overnight by just trading in this finacnial market.

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Aug 25

An Overview of Forex Trading Strategies


Forex Market Sentiment

ForexTrading4

 

Forex Trading Strategies

Forex Trading refers to an international. 24/7, over the counter, exchange market where currencies of different nations are bought and sold. Trading is always done in pairs assuming the price of currency bough to go up and that sold to fall down. It is the largest liquid financial market making it impossible for any single investor to influence the price of currencies.

 

There are two kinds of Forex Trading Strategies:

  1. Technical Analysis
  2. Fundamental Analysis

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Jul 24

Profitable Forex Strategies and Techniques

Forex Strategies and Techniques for Traders

Forex10This article is mostly for people that already know what the Forex market is and at least the basic concepts. If you have no clue ablout what this market is or you have never heard about it, read my article About Forex first.

The Forex market is huge. It is a sea of money full of sharks and dagerous waters, but it is also the only market where you at least hypothetically can make $1,000,000 in two weeks starting with only $1,000.

I say hypothetically because what happens often is that people blindly hamble their money at Forex without knowing anything about it and they lose their shirt. That’s why I say to you: be careful! This market is profitable, but you need to learn the basics well, do your homework and demo trade a lot.

Just remember that 95% of traders lose money, 5% make it and less than 1% become rich at Forex. Thi nice thing about this market is that you can make money without creating any product or service, selling anything, nor advertising. You just trade some cash and get paid depending on your knowledge and expertise.

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Jul 13

Your FOREX Trading Philosophy

Forex11If You Don’t Have a Philosophy, You Will Lose Money

“Easy Money” is the allure that captives many beginning Forex Traders. Forex websites offer “risk free” trading, “high returns”, “low investment” These claims have a grain of truth in them, but the reality of Forex is a bit more complex.

Mistakes of the Beginning Trader

There are 2 common mistakes that many beginner traders make: trading without a strategy and letting emotions rule their decisions. After openeing a forex account it may be tempting to drive right in and start trading. Watching the movements of EUR/USD for example, you may feel that you are letting an opportunity pass by if you don’t enter the market immediately. You buy and watch the market move against you. You panic and sell, only to see the market recover…..

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Jun 02

The Biggest Change to Forex Since the Euro!

ForexTradin2A Forex Strategy that works!

Have you heard of Vladimir Ribakov has released a real geme changer….?? A product so powerful that its being dubbed “the biggest change to Forex since the Euro”. And a product that is going to make lots of people very rich (me included). In a minute I’ll shaare it with you, but first I need to address something.

Old school trading and Bollinger Band –  is a proven, profitabel, and a stabel strategies when you know how to trade  and read Bollinger Bands.

However the biggest issue I have with trading is that in order to do things “old school” I’ve found myself spending 4-6 hours a day analysing charts. If might not sound like much, but trust me, it drains you.

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May 20

Rules of Forex Trading

The 7 Undeniable rules of trading forex

RulesThere are 7 rules of Forex Trading, that have been approved by a number of full time and successful traders, and therefore you should not ignore these rules if you want to become a successful forex trader.

It is easy to be caught up in the heat of the moment and want to make that big clip, get rich at once, but if you fall for the heat of the moment, it is a big risk that you will lose everything…… Besides that, you have to be up to date on what is happening but also what is to come, it is important that you can withstand the heat of the moment and actually stick to the goals you have set, not to give in to them and certainly do not be greedy, if you become greedy it will ending up loosing everything!

 

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Mar 07

The Difference of Trading Mini Lots Vs. Full-sized Lots in Forex

HotForex Currency Wars

Should you trade Mini Lots of Full Size Lots?

ForexTradin2In Forex Trading there is something called a Mini Account and it uses a different leverage calcution than a regular (100k) account. This is, instead of trading full size currency lots (100,000 units), you will trade in lots that are just 1/10 the size (10,000 currency units), which in turn greatly reduces your risk. Pips in a Mini Account are woth, on average, $1 instead of the $8 to $10 value they have in a regular account. The Mini Forex Account offers up to 200:1 leverage, this means that just a $50 margin deposit will allow you to trade lots worth roughly $10,000, but the smaller lot sizes, with correspondingly smaller pip values, means that you will be assuming less total risk. For example, while a 20-pip loss on a 100,000 USD/JPY position would be $200, the same loss on a 10,000 USD/JPY position in a Mini Account would amount to $20.

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Feb 02

Advantage of Having a “Built-in” Forex Strategy Simulator

Why you should test your strategy

FXTS1

Anyone that is committed and serious about trading forex knows that you must test your strategy before you go”live” with it. Of course you could do the “kamikaze approach” and learn as you go….. but we all know how that ends up 99% of the time: depleted accounts and piles and piles of frustration.

So you think you have a winning strategy….. but the question remains: How do you test your strategy?

 

The MT4 is a complete platform which includes a strategy tester – the equivalent to a flight simulator for pilots-, but I think it is somewhat incorrectly labeled as such. Let me explain: It is a fabulous “robot” tester, but when it comes to testing manual trategies, it falls a bit short because not all indicators will work properly and some other important limitations. Or you could try scrolling back in live charts and say “oh… every time this indicator does that… the price drops like a ton of bricks”, with many new traders not realizing that indicators will re-draw multiple times before they settle in one place, giving you very false expectations of a particular strategy using this ineffective method.

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Jan 08

Why News and Signals?

Forex News Trading Alchemy from Forex Signals to Consistent Profit

forex3Forex currency trading has been a hot subject lately. Imagine a business with no employees, no customers, and no inventory; with possiblility of reaping great profits every single month, week or day. It is only you and your computer. Attractive? Sure, but the secret ingredient of success is missing in the formula.

It is estimated that only 5% of tetail forex traders have consistently profitable currency trading system. It is usually besed on deep understanding of economy (fundamental analysis), awareness of the patterns of market reaction on specific economic events (technical analysis), and proprietary set of ‘tools and instruments’. Clearly, you want to jump in to get your feet wet in forex trading, but what if your toolbox is almost empty? One way to start is to follow professional trader guidance. It does not break your wallet to lsubscribe to quality forex trading signals, then test their consistency on your training account and finally apply these alerts for live trades.

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