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Thursday, August 27, 2009

Some Reasons Why a Person Want To Become a World Currency Trader.

At this time I want to talk about the possibilities available to yourself about why you want to be a world currency traders.

1. A market that will never close
There is a market in the world in general has the operational time limit, but this does not apply to the market value of world currencies. Because the forex market open 24 hours a day, or in other words can be said to open all the time.

2. Low Cost
Unlike the general market, currency market does not require relatively expensive cost, because the foreign currency exchange market is a wholly electronic market many of the traditional trading costs are eliminated and you are in affect paying reduced to nothing more than the spread .

3. The Ability To Trade On High Leverage
In the currency markets as a trader can quickly and easily to expand its business at a higher level because the forex market a trader can benefit greatly.

4. Similarity Price
This rarely happens in other public markets, but the currency markets this is often happening, so many traders who want to participate in this trade. This is due to the price you see and the price you pay are the same.

5. The Chance To Profit In Both Rising And Falling Markets
In the Forex market always involves two currencies so that if you are down on one currency then you are up on the other. There is therefore always the potential for making a profit whether the market is rising or falling.

The Meaning Of Forex

Welcome to newbie-learningforex.blogspot.com
At this time I want to share knowledge on what the meaning of forex.
Forex is a market that enables the buying and selling currency. So if you want to follow forex trading is a good idea once you understand about how to start forex trading, this is done so that you do not have the bad luck is not very fun for yourself.

For not a few people who experienced frustration after following this trade, but not the least are those who experience the joy of the job is very tempting.

So the forex can be said as a very unique market, in an instant because the forex market can alter a person's life, whether to change into something pleasant and not very pleasant.

Ehm..... You should know that forex is unlike any other financial market, because investors can respond to money-value fluctuations caused by economic, social and political events at any time and any where.

Finally I say thanks so much for your visit.

Tuesday, August 25, 2009

Trading The Same With Golf??

If we look carefully the actual investment by the game of golf has some similarities. Really? If you do not believe it please read the article below.

1. Emotion.
Emotion is something that is inherent of a broker or trader. In trading you should be able to control yourself so that you avoid the danger of loss of profit

2. Learn from the Masters
A beginner golfer can learn from the master golfers like Tiger Woods. This is done to find out how to hold the golf club right. Similarly with beginner investors. But of course you can not learn with a Tiger Woods but you can learn by famous investors like Warren Buffett, Peter Lynch and George Soros.

3. Be Wary of Friendly Advice
Perform an examination of the validity of the claim. This is done to guard against your own friends. Because in this case can become a friend of the opposite.

4. Find a Good Caddy
If the word is often known golf caddy, the people who can serve us. So did the caddy found on trading. But the caddy found on trading it should have extra capacity, ie it must be able to give suggestions that are good for our business continuity

5. Watch for Red Flags
Like golf, the trades are also red flags. However, there is a red flag on the trading is not a sign to show where the holes are, but the red flag that meant in trading is a sign of danger.

6. Play the Percentages
Do trade is always a calculated, so that later on you do not feel some remorse for what you do.

7. There Are No Mulligans
As in the game of golf there are no second chances. Therefore you are required to formulate a good strategy. However, if you do not plan your strategy, a good idea to ask advice from an expert in the field.

8. Always practice
Tiger Woods can become a master golf because he often practiced. Therefore, it is strongly recommended for those traders who are beginners like me to practice more often, in order to become a master trader, or to simply become an expert in this field. hehehehehehe

9. Learn from Experience
Often times we hear that the failure is the best teacher that ever lived. This was also true in the game of golf as well as trading. If we take the point of view in the game of golf, the first improvement we do is how to hold the right stick, but the trading improvements we first do is how do we can formulate an appropriate strategy patterns in situations and conditions that we face .

10. Sophisticated Equipment Can't Guarantee Success
Any sophisticated golf equipment that we have will never guarantee our success in the golf game. Similarly, trading, any sophisticated equipment we use can not guarantee our success. So how can a little so that we guarantee to get a success? Once again I want to say to you to make the best possible strategy, because we'll never know what will happen later. And, this is a function of the strategy we have made earlier, namely to make a buffer to maintain our position.

This information can I give to you, and apologize if any mistakes the word, because I was a newbie

Monday, August 24, 2009

How To Forex Investing

At this time I want to share information with you about things you should look when you are trade by forex:
1. Baby Pips:
A pip is the smallest unit of price for any foreign currency,

2. Forex Glossary:
There is nothing wrong you must first know and understand the terms commonly used in the forex. This is done so that you are not wrong in interpreting the term in forex trading.

3. Investopedia:
This online financial encyclopedia contains an extensive 10-part article on forex investing. Therefore, you must have enough information from Investopedia.

4. National Futures Association(NFA):
NFA is an organization that manages all markets depends on future cash flow. NFA can assist you in developing an appropriate strategy with you.

5. Commodities Futures Trading Commission(CFTC):
CFTC has similar duties with the SEC (Securities and Exchange Commission). Through the CFTC you can learn quickly what to avoid in your learning curve through a detailed forex advisory that offers information about other resources as well.

6. Martket Traders Insitute (MTI):
Martket Traders Institute (MTI) is a place where you can learn to understand the forex trading for free

Saturday, August 22, 2009

Peter Bain


Peter Bain. Maybe some people will wonder who that Peter Bain? Whether he is a scientist? The answer, of course not. hehehehe...

Peter Bain is the number one in the Internet's Forex coach and mentor. He is famous for his unique ability to uncover new and innovative ways to harness the power of the Forex. He is very smart in Online Trading.

He has long been known for his passion for commodity and currency trading. He is learned trading in the early days of his career from some of the top traders in trading houses. Over the years, he has developed his instincts for a simple yet powerful and smart in trading system based on his Pivot Program, which has been continuously refined over the years. His system is the same system used by many trading houses today.

Futures Trading Platform


After a whole day playing in the youtube accidentally I saw a video about futures trading platform. My attention after this software is very easy to be used by a newbie like me. For all views can be displayed properly, do not jostle software such as trading in the current

Sharing Info About Forex

I think the most important for trading in forex is to choose the good product or in the other words is the right product. Choosing the right product is very important as it determines whether the person will be successful in future. Because, if you wrong to choose the product you will be stress in the future.

There is a review of studies on matters of what must be done before you start trading. The different kinds of reviews like forex strategy service review, forex broker review, forex training software review and forex training review are very helpful in securing a better future.

The combination of all the above will we assist to get best results. A good broker for making profitable deals, a strategic service through the auto trading function will enable hassle free trading, a good trading will be very good for the starters and brilliant analysis software can compare the various opportunities and will tune up the profits.

Ehmm.. I my opinion for currently the best broker in the forex market is Forex Yard, and even received the best broker award <<< WOW... it's very fantastic... As one of the top forex brokers they provide mini-accounts, top class accounts and free practice accounts. They are provide
24 hours 7 days service and the online based software provided can be used anywhere in the world anytime. So , the person can easily to check his account anytime and anywhere. And, the most important facility provided by them is that if the person unfortunately goes down to the minimum balance required in the account than his entire trading are stopped. This action is done to protects him from loosing anything.

Just Only My Review About FOREX

I think this is very important for all trader to get in-depth knowledge of actually what is FOREX, before indulging in any trade. The people is just known as FOREX, and in the current scenario it is the worlds fastest and the largest trading market. But in the fact i feel the FOREX is very different with the stock market, because FOREX providing everyone with equal opportunities even people with very little knowledge can make money through FOREX. Unlike stock trading where the people trade in the shares of the different companies, here they trade in the currencies of the different countries.

Introduction to Term Trading

This time I want to inform some of the terms commonly used in trading. Hopefully this article can be useful.

1.Foreign exchange rates
The foreign exchange rate is the between two currencies i.e. the amount of one currency needed to sell (or buy) in order to buy (or sell) the unit of the other currency. There are two ways to express such a rate. The most common in international is the amount of any currency that corresponds to one U.S.Dollar. So when we see the USD/DEM at 1.2000 so, the one dollar can be exchanged for 1.2 Dmarks. The American way or American techniques the rates uses the opposite direction, that is it expresses the dollar amount that can be exchanged for one unit of foreign currency. So when we see for example the Dmark at 0.6625 so the one mark can be exchanged for 0.6625 dollars (or the same at 66 1/4 cents). The term "cross rate" is usually used to express the balanced between two nondollar currencies like DEM/SFR.

2. Bid and offer
The exchange rates in the practice are quoted as two-way rates. So dollar/mark quotation will read something like 1.2000/10. The bank or company which quotes this rate will understands that it buys marks (selling dollars) at 1.2010 and sells marks (buying dollars at 1.2000). In other words it buys cheaper. Of course, the opposite is true for the person that asks for a quotation. The difference between the purchase (buyers) and the sale (seller) rates is called "spread".

3. Rate direction and currency direction
One needs to keep very clear in mind the idea of market direction. The First from the other is, in the foreign extern market it is a mistake to say that the market is going up or down. In the stock market one can use this expression as stocks either go up or go down. But, in the FX market a rate as we said defines the parity of two currencies, hence at any time one goes up , so the other will going down. And, the other issue that often confuses people (even traders and bankers) is the difference between a currency moving up and its rate going up. We have to explain this in more detail as any misunderstanding can lead to painful surprises when trading in the real market. For simplicity reasons let us forget for the time being the bid/offer spread. So let us suppose that dollar/mark moves from 1.2000 to 1.2010. In this case the rate goes up whereas the value of the mark goes down (simply because the value of the dollar goes up). In other words one needs more marks at 1.2010 to exchange for one dollar.

4. Basis points or pips
The foreign exchange rate usually consists of an integer in the part and 4 decimal points (or 2 decimal points when expressed per 100 units like e.g. dollar/yen). So, that the decimals are expressed either at 10th thousands or hundreds. For the example 0.0001 or 0.01 is called basis point or pip. E.g. a 50 pips change of 1.5000 is either 1.5050 or 1.4950.

5. Spot and forward rates
Some people this concepts very easy for using and understood as cash rates and futures. As a matter of fact we would not like to use the term "futures" in here, because that will be make confusing with the typical futures contracts. Instead, let us use a more descriptive approach. A spot rate is the exchange rate which is valid for a transaction (example: purchase of currency A and sale of currency B) that must be concluded within the next two working days. Thus the value date (i.e. the day of actual delivery of currencies) of a transaction performed on a Monday is Wednesday. For Thursday it is Monday (weekend days are not counted). Besides that, a forward transaction regards a deal which is concluded today and actual effect will take place on a fixed future date In the next paragraph we describe the relationship between a spot and a forward rate.

ACM ( Advanced Currency Markets )


ACM is an expert and specialize in analysis in carrying out the task of Forex currency exchange over the internet. It provides quick and skillful services to its the customers. Its success lies in its focused approach. With ACM you can get numerous advantages from forex trading. With a single account, you can get a plethora of benefits.

In my opinion the best concepts at Advanced Currency Markets are:
1) Competitive price
2) Transparency in everything
3) Keeping profit margin small per customer.
4) And the most important is customer privacy guaranteed

CMS Forex


CMS forex is one of many online forex trading software that you can find on Internet when you are surfing about chart-based platform of online forex trading. Some features that you don’t meet with the other software such as forex capsule, video recap and expert commentaries.


Forex capsule assist a trader to access dynamic global calender such as data, analysis and key market highlight explanation and with video recap you will see news about forex. Beside that you can get the expert commentaries.

So this software have many awesome features when compared with other similar software. Because when you are using this forex trading software you won’t get forex charts only like the other software. But as what you can see on description above you can see economic commentary, to accessing data that easier to be done.