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Wednesday, 30 May 2012


Forex Trading Signals: What Are They?


By Casey Stubbs

Expert Author Casey Stubbs

Many people offer Forex Trading Signals. These are people look for certain"set ups" or "patterns" that they see in the market and they are signaling to you that these certain set ups have occurred.
In most cases, a signal service is based on longer term set ups because there has to be some time for traders receiving the signal to get into the trade before it is over.

These signals can come about in different ways. First, there is the old fashioned way of doing Forex Trading Signals. With these type of signals, a real trader is sitting at his trading station and watching the charts. When the trader sees the signal set up he then sends all of his followers a message letting them know that a signal has occurred. Many times, a trader doing it the old fashioned way will have a database of subscribers that he will send an email to, or tweet on Twitter or even just make a post on his website for people to check into to get the signals regularly.

Another way that signals can come is through a dashboard or an interface. With these type of signals, you download a piece of software which as independent dashboard that has some kind of data feed. With this type of signal service, a trader simply watches the dashboard and waits for it to give him or her a signal as to when to enter a trade. Normally, the dashboard will give you a price to enter, a stop loss and a target.

Another type of signal is one that is automatically generated from a program that is not on your computer. In this type of signal, a subscriber to the signals would give their email address and the owner of the service would plug that into their database. The creator of the signals would then have an automated program or an expert adviser or a trading robot run on his computer. When the robot or program takes a trade, it automatically sends an email or a text message to all of the users in the data base stating what trade it took and what the stop losses and target profits are. The issue with this type of signal is that it will only be profitable if the trading robot is profitable.

Another type of signal is one that is automatically copied into your account. This is a type of Forex Trading Signal that allows you to not only get the signals sent to you with the information needed to take the trade, but actually takes the trade for you automatically. With these types of services, there is normally a trader who is trading his account as normal, and he is just giving you access to his personal trades so that you can get his trades automatically copied into your account if you wish to take advantage of that service.

These are some of the different types of Forex Trading Signals out there. They can certainly help you be a profitable trader, but you must be sure you are getting them from a good source.

Winner's Edge Trading has many articles about Forex Trading. This article gives an explanation of what Forex Trading Signals are lacking: http://www.winnersedgetrading.com/forex-trading-signals/

Article Source: http://EzineArticles.com/?expert=Casey_Stubbs


Monday, 28 May 2012


Stock Tips

By Aaron Livingston



Learn these Few Stock Tips to Get You Started

Investing in the stock market can be very profitable when choosing stock tips correctly. Many people invest in the stock market today for different reasons. Some do it as a hobby and others do it as a way to earn extra cash for the future. Professional investors and traders invest in order to earn their living. Before you decide to jump in to the markets, you should be aware that there is no one correct method that will guarantee you returns. If you are investing, you should be aware that there are risks involved, and you could lose money if you have no knowledge on investing. If you are a first time investor, you should consider using a full service broker who can give you stock tips and help you get started.

Working with a broker allows you to learn the basics of investing; they will provide you with updates and develop strategies tailored to your financial needs. They will perform technical analysis and give you reports on how your portfolio is performing. As you learn to stock pick and read stock charts, you will find investing gets easier for you. Once you feel you can invest alone and no longer need stock tips from your full service broker, you can start using a discount broker. They will only execute your orders. The stock picking, chart analysis and all research will be up to you at this point.

When you are looking at companies to invest in, you want to make sure that they are well known companies that have a large market cap. Companies with large market caps are less risky than small unknown companies. Once you have identified companies that you want to invest in, make sure you choose a good time to enter the stock and the market. Since prices in the market move in trends, you want to aim to get in after a downward trend has bottomed out and is showing signs of reversing direction. This will allow you to get in early and maximize your profits when you sell out.

Find reliable stock market news sources to give you stock tips and keep you informed of what is going on in the market. As you become proficient in trading stocks, your portfolio will start to hold many stocks. It is important that you learn to diversify your portfolio in order to spread the risk. Holding too many companies in the same industry is unwise, because if the sector suffers, all your portfolio will suffer too. There are many stock tips that you can learn about from books or through a stock market video.

If you're interested in learning more about Stock Tips or you looking for Stock Picks ready to breakout, go to Stock Market Video the best source on the Internet that is recognized as the leading provider. Visit http://stockmarketvideo.com and get your FREE Daily Video!

Article Source: http://EzineArticles.com/?expert=Aaron_Livingston

Sunday, 27 May 2012


Forex Tips - How to Double Your Profits When Making Money Online

Do you know that a good forex trading system can turn into a losing system if you do not have good money management? On the contrary, a good money management rule can turn an average trading strategy into a winning one. Let's look at some forex tips on how to double or even triple your gains when making money online.


1. Reduce trading frequency and don't overtrade

Many novice traders just got too impatient to wait for quality trades. Therefore, they trade too much and the worst is they take any kind of low probability trades. I have mentioned that forex trading is all about probabilities no matter what kind of forex strategy you use.

Though I also said that good trading opportunities will come easily, you must still observe the rule of taking only quality rather than quantity forex trades. There are traders who only trade 3 or 4 times a month and it is already enough for them to make a living in the forex market.

2. Diversify your forex trades

Diversification does not only have to apply to stocks, you can use it in forex trading too. If you have a small account and you think that you will only need to concentrate on one currency pair e.g. EUR/USD to make a living as a forex trader, then you are missing out something.


To become successful in trading and become a full time trader, you will need to trade more than one currency pair because while one pair does not gives you forex signals, the other pairs may have trading opportunities.

3. Forex money management is about calculated risk and probability.

The fact that many traders try to avoid risk in forex trading is totally wrong! How can there be no risk in the forex market? The solution should be how you are going to handle risk and not how to avoid it. Some forex trading tips here is that you should have a good risk to reward ratio as a money management rule.

Imagine that you risk 200 pips just to get the 20 pips profits, then you will have to get 10 trades right to breakeven if you have lost one! This is not the correct way of trading. Instead, if you risk 30 pips, then target 60 pips or more as profits, so that one winning trade is already enough to cover if you have 2 lost trades. And good risk to reward can lead you to achieve triple times your forex profits!


About the Author

Daniel S.

Daniel S.

To learn how to double for forex profits using a simple, proven forex trading system, download my FREE 56-page ebook at http://www.forextradingpower.com now. The author, Daniel Su, is the founder of http://www.ForexTradingPower.com where you can get free premium forex trading tips and resources. Daniel Su specializes in teaching real people how to trade the Forex market for long term financial success.

Monday, 21 May 2012


Build Wealth Quickly - 3 Simple Asset Allocation, Wealth-Building Strategies


Who doesn't dream of marching into their boss' office one day and resigning without caring about the financial repercussions? Well, you can only do so if you have acquired sufficient assets (wealth) through which you can generate a future income to replace your current earned income. By the way, as a rule of thumb I don’t recommend you hand in your resignation unless you have at least 1 and ideally 2 years living expenses put away in liquid assets.

Simply put, to become wealthy over time you basically need to make, save and invest money wisely. The smarter you are at doing this the faster you become wealthy. Assuming you’ve read my other articles on How to Get Rich (the making of and management of money) then you are ready to look at the 3 most common wealth building strategies of the super wealthy.

1. Investing in Paper Assets (Stocks, Bonds, Funds, Currency)

Investing in “paper assets” is a great way to start building wealth. It teaches you the principals of money management, capital, rates of returns, risk etc. You can invest in stocks, bonds, mutual funds, commodities, and foreign exchange ("forex"). Each of these options presents various levels of risk and reward and requires thorough research before you start. You don’t necessarily have to read the Wall Street Journal daily or subscribe to Fortune magazine in order to be a good stock investor. But you should at least get trained by an expert or have access to wholly independent financial advice from an experienced investor.

To help you get started, a basic overview of the paper assets investment landscape goes like this: There are 2 types of investments; ownership investments in which you own part of the asset (a stock is a good example) and loan investments in which you lend money to someone and they pay you interest (a bond is a good example). In many cases, you are looking for growth investments and those are ownership-type investments. (Bonds rarely provide a way to make you wealthy. Rather, they are a way to protect your wealth once you have it). Warren Buffett is a great example of someone who created massive wealth through investing in paper assets.

2. Investing in Real Estate

Real estate is another great way to build wealth. With real estate, you typically buy a property and then make money through selling it eventually for a much higher value than its purchase price and/or becoming a landlord and letting the property. One of the advantages of real estate investing is using the principle of leverage (i.e. a mortgage) to buy an asset that you otherwise couldn’t’t afford. Leverage isn’t commonly available in paper assets investing (although you can buy on margin but this can be risky if you don’t know what you’re doing!).

Real estate investing can be focused on either residential, commercial or land. Wealth building through real estate involves buying and selling a property – sometimes referred to as "flipping" or “trading” and often involves "rehabbing" a property (i.e. fixing it up)– to give the fastest and best rate of return.. However, landlording is a more standard approach that requires more time to build wealth, generating a small income in the meantime from the rental income after subtracting all expenses. Want to know how to build wealth quickly with real estate? Consider buying a distressed property using leverage, fixing it up, and selling it again quickly. However, watch for market fluctuations in supply and demand and availability of capital in order to use this strategy effectively. Donald Trump is a great example of someone who created massive wealth through real estate investing.

3. Starting, or Owning a Business

Starting, or owning a business is another common wealth-building strategy. Starting a business doesn't always make you really wealthy right away. It takes time and energy to build the income of a business and its capital value, but it can make you wealthy over time if managed effectively. Therefore, if you have previous experience of running a business it can sometime makes more sense to buy an existing business and simply run it better. Want to know how to build wealth starting or owning a business? Find something that you love to do and that solves the needs of a target market. Then sell that product or service through relentless marketing and sales. Create efficient systems to sell more, more often. And work towards growing the value of your business by making it less dependent on you so that you can eventually sell it to a new owner. Bill Gates is a great example of someone who created serious wealth by starting a business.

Whatever way you chose to start building wealth, always remember those words from the mouth of antihero Gordon Gecko in the movie Wall Street…“Money never sleeps pal”. Different asset class values will shift in time (daily/monthly/annually) and according to market cycles. It’s also a good idea to scrutinize your assets and then take steps to rebalance your portfolio periodically. You also need to match risk to what stage you are in life. So, want to know how to build wealth quickly? It's simple: Take your hard-earned money, save as much as you can as you go and then choose a strategy (from above) and consistently, month by month, year by year, apply yourself to these wealth building strategies.




Keelan Cunningham - About the Author:

Remember, building wealth doesn’t happen overnight. But with education, time, diligence, research and hard work, you can go from wondering how to build wealth to actually becoming wealthy and enjoying your millions! Mastering wealth building will ensure that money you earn isn’t flitted away carelessly and that you get to secure your financial independence! Discover how to build wealth using simple, effective wealth building strategies in real estate, the stock market, business, the Internet etc. Sign up now for Millionaire Mindset Secrets for FREE, you'll get instant access to insider secrets on How to Build Wealth! - http://www.millionairemindsetsecrets.com/build-wealth.php

Sunday, 20 May 2012


Revolutionized Trading With Eminis Course

Gone are the days when you have to wake up early in the morning and leave for your 9 to 5 job. Today, with the help of the internet and a lot of numerous applications that have surfaced, you can now seek a lucrative and legitimate job from the luxury of your home. One of the most favored work-at-home professions today is called Emini trading. In contrast to a conventional day trader, Emini trading is more relaxed and is considered to be a training ground for experts and beginners alike. Don't be fooled by Emini trading; just because it has a lower cost of entry and lower maintenance than traditional day trading doesn't mean that you shouldn't take it seriously. In fact, trading Eminis entails just as much education and perseverance as traditional investments. Having said that, whether you are a beginner or an expert, you should equip yourself with ample information and practice to make good returns. Bottom line is, to be great in trading Eminis, you must invest in yourself first because it will educate you with all the tactics that you'll need to thrive in this business.

For starters, it may be a little overwhelming to immediately jump in trading Eminis. This is due to the fact that this business is filled with a lot of investing jargon that you may not have even heard of. Additionally, you would also have to evaluate market data and assess economic events and how they relate with market behavior. There are a lot of books and software that can assist you, but it would first be wise to understand what you're doing before you immerse yourself with real-time investing. Furthermore, you would also need to meticulously make predictions and take notes because your success directly associates with how well you're able to foretell economic trends.

As for versed traders, it could be a little easier for them to start Emini trading, but what's going to be a struggle is the transition from being an emotional trader to a systematic investor. You have to bear in mind that when trading, you have to put your emotions aside and leave your decisions to tangible facts. Among the biggest mistakes that new Emini traders encounter is how some contracts easily lure them in just by looking at the aesthetic value of the company and not its comprehensive condition. When going to an Emini trading course, make sure that you've got everything covered so that your triumph is pretty much just a step away.


Dave Wilson - About the Author:

Want to know how smart investors are making huge money by trading emini, starting with a little amount? Log on to http://www.21stcenturyeminis.com.au and know more about it

Wednesday, 16 May 2012


Invest Tips - Top 3 Secrets of the Rich Forex Traders


By Luis Garcia De Alba Diaz

Expert Author Luis Garcia De Alba Diaz


Are you considering forex trading as an investment alternative? Would you like to be one of the few who profit? In my experience successful traders have no special talents or skills; but they think and do things differently. Here are some ideas I want you to analyze.

1. Do nothing.

The forex market is open 24 hours a day; but that does not mean you should have open positions all the time. Successful traders trade only when there is profit to be made. You should take into consideration that there are periods when the market is active and periods when it's not. This may sound strange but some times doing nothing can be very profitable.

2. Pull the trigger even if it hurts.

You should always trade when your system tells you, even if it hurts. Sometimes, after a series of consecutive losses, taking the next trade can be very difficult. But this next trade is the one that will help you recover from your losses and make some profit. Consistency is the difference between rich forex traders and everyone else. I know it's hard, but the rewards can be enormous.

3. Be loyal to your money management rules.
You should always adhere to sound money management rules, never deviate. Most professional forex market traders agree that you should risk between 1%-2% max on every trade. This will allow you to avoid wiping out your account and at the same time help you make some dollars out of the market.

Some traders try to recover their losses increasing, recklessly, their positions and end up wiping out their accounts.

Sometimes traders think they know where the market is headed and make bigger bets on their assumptions. If you go into a roulette table and bet all your money on the black, just because the ball landed on the red on 10 consecutive spins, you are going to lose all your money. This is called gamblers fallacy. You should always follow your money management rules, no matter how sure you think you are of the outcome.

I know trading the forex market can be a rewarding occupation; you need no special skills or natural talents to become a successful trader. Anyone with the determination and the right information can learn how to trade. The only thing you need is good mechanical system with a positive expectancy, sound money management rules, and above all self-discipline.

Would you like to learn how to automatically reap a golden harvest of wealth and prosperity almost beyond belief? Go to http://www.howtoinvestforprofit.com and http://www.shortcutforexsystem.com where we explain step-by-step, in crystal clear language, what to do and how to do it.


Article Source: http://EzineArticles.com/?expert=Luis_Garcia_De_Alba_Diaz


Tuesday, 15 May 2012


Forex Trading Tips - 4 X Trading Tips to Supercharge Your Profit Potential


The forex trading tips enclosed can turn a mediocre forex trading strategy in to a winner and anyone thinking of trading should consider incorporating them because they work - here they are...

1. Leverage Stops and Risk

Most traders get 200:1 leverage from their broker and want to use it but this is a huge mistake - a trader should use leverage wisely and 10 20: 1, is enough. This allows you to risk more to your stop and this is vital to success.

Most traders put stops so close they are guaranteed to get stopped out by normal volatility. They get the direction right, see their stop hit and then see prices reverse back the other way and make thousands and their not in!

If you want to win, your stop must be far enough back so you don't get hit by random price moves in the trend. This isn't being rash this is sensible investment strategy.

2. Risk More Per Trade

In line with the above forget all the rubbish you read about risking 2% per trade.

On a small account its so little risk it guarantees you will get stopped out.

Sure if you have 100k you can do this - but not on a small account.

Many traders try to restrict and control risk so much they create it and lose. To make meaningful gains, you need to risk 10 - 20% on a small account.

3. Learn Patience

Most traders think the more they trade the more profits they are going to pile up - dead wrong.

You don't get rewarded for your trading frequency; you get rewarded for being right!

The high odds trades only come around a few times a month in each currency - hit these and hit them hard.

Hitting the high odds trades and hitting them hard can make you a lot of money. I know lots of forex traders, who only trade a few times a month and still pile up big triple digit annual gains, because they are hitting good risk to reward trades and hitting them hard.

4. Forget Diversification

OK on a 100k account there is an argument for doing it but not on a small account.

If you have a great trade, why potentially dilute its profit potential by taking trades for the sake of trading? It doesn't make sense and will dilute your potential profits.

Hit the high odds trade you like and focus on it.

Keep in mind:

You Don't Get Rewarded for Effort in forex trading.

Many traders make this mistake.

They want to trade and force profits but this is not possible. They spend a lot of effort looking for trades that it blinds them to the fact most are dogs and should be passed by.

In forex trading your success is determined by the accuracy of your trading signals and your market timing and the money you put in your pocket - that's it.

So the forex trading tips here mean you need to be patient, hit high odds trades, hit them hard and take meaningful, calculated risks so, you can make a triple digit annual income.

The above is really common sense and these forex trading tips, should be the cornerstone of your forex trading strategy and if you use them wisely and have a good forex trading system then you can enjoy the currency trading success you desire.  



About the Author

Kelly Price

NEW! 2 X FREE ESSENTIAL TRADER PDFS

ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with essential info and an exclusive Currency Trading Course visit our website at: http://www.learncurrencytradingonline.com

Monday, 14 May 2012

Basics of Currency Trading Made Easy - How Forex Trading Can Earn You Big Returns

 
The basics of currency trading isn't hard to learn. This information will be helpful for you learn the forex market as you begin your career in trading. Forex or foreign exchange means the buying and selling of currency. The individual who buys and sells currencies is called a forex trader.

Another item that you should know in basics currency trading is the foreign exchange market. It is the largest market in the world. Trading happens here day in and day out. It functions 24 hours a day 5 days a week, except on holidays and weekends. The week starts at five in the afternoon Sunday Eastern Standard time until four in the afternoon Eastern Standard Time Friday.

Basics currency trading is really simple. The aim of the trader is to purchase something that is about to increase in value, then sells it at a higher price later to earn profit. Another way is to sell at a high price or rate now and buy it lower at later day. The two currencies that make up an exchange rate are referred to as currency pair. Here is a list of the currency codes used in the foreign exchange market:
USD = US Dollar
EUR = Euro
JPY = Japanese Yen
GBP = British Pound
CHF = Swiss Franc
CAD = Canadian Dollar
AUD = Australian Dollar
NZD = New Zealand Dollar
Most traded currency pair
EUR/USD = "Euro"
USD/JPY = "Dollar Yen"
GBP/USD = "Cable" or "Sterling"
USD/CHF = "Swiss"
USD/CAD = "Dollar Canada"
AUD/USD = "Aussie Dollar"
NZD/USD = "Kiwi"

The base currency is the one in the left while the one on the right side is call the counter currency. The exchange rate tells you how much you need to pay based on the counter currency to purchase one unit of the base currency.

There are terms in basics currency trading that you will see as you engage in forex trading. Here are some of the common terms and acronyms to keep in mind on basics currency trading.
Pip is the slow movement of a currency pair can make. It means price interest point.
Leverage is a margin deposit and the rest will be coming from your broker.

FCM means Future Commission Merchant or someone who is licensed by the U.S. Commodities Futures Trading Commission or CFTC to deal in future products and accepts monies from clients to trade them.

A dealing desk provides pricing, liquidity and execution of trades.
NDD or No Dealing Desk uses external liquidity providers to provide pricing and liquidity for its clients.

Spread is the difference between the sell and the buy quote.
There is much to learn and you must invest time in studying the forex trading market. You will need the knowledge as you engage yourself in transactions. It is always best to start with basics currency trading.

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Article Source: http://EzineArticles.com/?expert=Denise_E_Martin