Saturday, May 23, 2015
There are three main ways to make money through Forex Trading. Firstly, you can use the services of a Forex Trader -- and pay him or her bucket loads for the privilege (oh and don't bother calling them unless you have significant money to invest). Your second option is to do it yourself with downloadable Forex Trading software -- but risk losing money on those days when you could've done with some market guidance. Or thirdly, you can sign up to a Forex Trading system that combines the expert knowledge of a 20 year trading veteran with Forex trading software -- allowing you to exploit market conditions to the maximum but at an affordable price. For most people interested in Forex currency online trading the third option presents the best value for money. Although it may cost a tiny amount more in the beginning, the fact that you are have the guidance of a market expert ensures that you maximize your profits each and every day. In other words, you receive payback for the extra investment very quickly. Up until now there hasn't been a product that did this for an affordable price. This has now all changed with the release of the Forex Brotherhood. The Forex Brotherhood combines expert advisor trading software with the knowledge and guidance of a 20 year Forex currency trading veteran. This is someone that still watches the markets himself everyday as he is still an active trader. He provides the guidance by three main methods: * twice daily live web broadcasts that update you on the market conditions * twice daily written reports as well as a huge back catalogue of market guidance * a direct software connection that ensures he can alert you to sudden unexpected changes in the market (giving you the chance to seize on opportunity or avoid rough waters). There is also a live trading forum where members of the brotherhood can support and guide each other -- or even just have a nice chat because sometimes it's nice to know that you're not the only one working hard in the market.
If like many people you've dived quickly into Forex Trading after seeing software that promised 'profits on autopilot' then chances are you've lost some money at some point. If you're lucky you've managed to turn things around though and are now ahead of the game. Or, if you've been unlucky you're now behind in your profits and wondering just where you went wrong. And more than likely, you're wondering who can help you. The problem with many autopilot Forex Trading systems is that customers are given great technical support but aren't given much or any trading support. This leaves you to flounder your way through and at times it comes down to a matter of good or bad luck. The good news is, if you're still determined to make your money in the Forex markets there is now a solution at hand. It's called the Forex Brotherhood and its taking home based foreign currency trading up to the next level. Included in The Forex Brotherhood are: * newly developed Expert Advisor software * live online trading forum * twice daily live web broadcasts The ultimate difference though is that the Brotherhood is led by a 20 year veteran of foreign currency trading -- someone who has made a lot of money in the markets himself, and who still trades actively in the markets. This means he is very aware of the opportunities and risks as the market moves through the day. Indeed it is this expert trader who will present the live web broadcasts, and will also be available to provide further trading support to ensure that you are ultimately successful.
Money management is a necessary part of forex trading. There are a lot of mistakes that forex traders make, and not following their own money management system is one of them. Listening to other opinions can lead to some costly mistakes, and unless the opinion is an online business opinion from a company or government that you trust, then do not factor it into your currency trading. Set your own guidelines for forex trading, and stick with them. Trading on opinions, whether they are your own or another person’s can be a very costly mistake. Make your own assessment based on all the facts that you know, and then do not let opinion sway your forex trading tactics. Overtrading is another ordinary money management mistake in the forex market. This trading does not have clearly defined trading objectives; the sole reason is to make more money. To avoid this mistake, make sure that every trade is broken into ultimate goals, and that these goals are achieved before other positions are added. Very few traders can successfully manage multiple positions in a variety of currency trading markets. Overconfidence is a big mistake when it comes to money management and the forex market. This is caused when a trader has or thinks they have particular or inside information. These hot tips are sometimes wrong, and when this happens large amounts of money may be lost because of this. The way to avoid this is to avoid being confident in any rumors or special information you may have. Managing your money means taking measures to preserve it as well. Preferential bias can exist among forex market traders. This happens when they only see or hear what they want in relative to the favored trade. This can cause a trader to ignore the real activity of the forex market in favorite of what they want to happen. It is important to look at each trade impartially and do not become set in cement with your opinion. Do not ask friends or family for their opinions; just go with what you know. Money management and forex trading can be multifaceted and complex. Once you set your money management guidelines, make sure that you follow them. Avoid listening to rumors and opinions once you start trading. Avoid overtrading, and make sure each trade has clearly defined trading objectives. Make sure that you are not arrogant. The most important thing in money management with forex trading is to try and avoid special bias.
Yes I am talking to you; Yes you because I know you are reading this. I have spent a great deal of time and money in Forex market and I have 7 years of experience in SPOT Forex. I designed and developed my own "Smart Trader" Forex video learning course and I teach people how to trade the SPOT Forex market successfully. I have students in USA, Europe, Middle East and Russia. I know exactly how people lose money and what are the weaknesses that lead a new trader towards failure. I am going to offer every student of mine a US$ 1000/- trading account. This is of course my money and my students will trade on my behalf at my trading account under a limited power of attorney contract. Now just stay with me and I will tell you more about this. What ever I teach are the same methods, same setup, same rules and same time frame that I provide to my all students but still out of 10 only 7 students are successful and rest are losers. Well this is saddening but fact! Because it was a hard training by heart. I keep on inventing & adding new methods & update my students @ no cost. Instead of providing one month support I give 6 months to my students. I realize 3 main things, if done properly, will make YOU a successful trader. From now on I will teach traders with a different way and I do not want lazy, hasty, running out of time and sleepy traders. I think a trader that turn into a loser lacks 3 things which are as follows with their solutions. 1: Lack of Proper Education and Guideline A person can not fly a plane without proper guidance and education and I do not know why people start doing trading without proper education and guidance. Forex trading is the world’s biggest business and it is like a two edge sword. The ironic thing is that 90% of traders do not have any single method that really makes money for them. Most of the trader just pickup a system from different free forums, which were actually built by non professional and immature traders like them. Next they only see some 4 to 6 winning trades and they say wow! We found the HOLY GRAIL so let’s start with a 10K account and due to this attitude and way of thinking we have 90% losers in the market. Most the above blunders happen due to over confidence and lack of proper education which simply leads to failure. Solution: So, I am here to provide you the proper education and correct guidelines. If someone really has a desire to learn and become a successful Forex trader then I am here to teach him. If someone wants to read then I have a 270 pages printable PDF E-book. If some one wants to learn with video tutorials then he can watch the video tutorials. Video tutorials are really time saver in the eyes of some people because you can rewind them again and again to quickly grasp the concept. I have custom indicators for the latest version of Meta Trader 4. I also provide support via Yahoo! Messenger and telephone to my students. Suppose if you are a student of mine and you do not want to talk on Yahoo! Messenger then just provide me your telephone number and I will call you at my own expense whether you want to talk for 1 hour or 2 hours. I try to make myself available whenever my students need me and I try not to leave them alone in trading. 2: Lack of LIVE Trading Experience. No education and coaching are complete without practical. Now I personally know that new traders usually lose at first and they usually goes down. A trader has to learn from losing trades. You have to learn how to handle your emotions and yourself when the lights go out. When you drop and come back this is how you do struggle and learned things. And after going though the fire that’s when the gold becomes purified from all of impurities the same with the trader. If you did not face struggle to survive, then you can not become a successful and seasoned trader. The main problem is the fear of losing money and due to this fear traders always hesitate and they do not properly test the learned methods and strategies with real money. What happened is that after losing 2 to 3 trades a trader not only lose money but I lost confidence and faith in trading method. I personally know that even I lose 1 to 2 trades in a row and it is the part of the trading business. I know traders wants to make profit but due to fear of losing money at their LIVE trading account after a proper education they never dare to pull the trigger correctly. Solution: So, I am going to provide you my 1000/- US$ LIVE trading account after a successful completion of 30 days course. This 1000/- US$ LIVE trading account offer is for my every new student. Now you have no fear of losing trade. You are not responsible for any loss that may incur at my trading account but yes I will watch you and this is where the 3rd part comes in. 3: Lack Of Discipline, Patience and Guidance. I have observed this thing many times that after getting proper education traders still lose due to lack of discipline, patience and guidance. Whenever they see a 50 pips quick move they jumps into the market and try to catch that move. They simply kick out their rule based trading method out of their minds and start doing trading with emotions. This is where GREED plays a very devastating role and they do not wait with patience for the right time to enter into the market. Solution: A trader needs a partner, a friend, mentor who’ll guide him at the time of live trading. Now when I provide you my money then we are going to trade together like partners. You will not share any loss at my account but yes you will share 50% profit at my account if you made profit. We are going to grow together this US$ 1,000- LIVE trading account atleast for next 30 days. You will open trades with your own hands. I will watch & guide you. What trading method you are using? How are you managing the capital? How are you opening the trades? The reason behind opening trades? How are you managing the opened trades? How are you closing the trades? Where is your patience and discipline during trading time? I want to see the results at this point from you. To me leaving false signals and not doing trading with emotions is actually ‘doing trading’. Now about my trading course package. My course has Basic, Advance, Price pattern and Elliott wave sections. I will only provide one section to my students at a time. I will not provide entire of the course package to my students like I did in past. So, first I will only provide YOU Basic level section only. Next I will give YOU an assignment and they have to complete and submit that assignment. Next I will provide YOU Advance level section and at the end of that section again new assignment. Next I will provide YOU Price patterns section and at the end of that section again new assignment. Next I will provide YOU Elliott Wave section and at the end of that section again new assignment. I will provide YOU enough education and training to easily complete the assignments but I want to see your efforts and work now. However if someone failed to complete and submit any assignment then I will not provide him next section material until he first complete his assignment. I will try my best to train and educate YOU and at the end of successful completion of course (30 days period) I will provide you my own 1000/- US$ LIVE trading account to do trading on behalf me. Why I am going to provide you a LIVE trading account? I think no trading is complete without doing live trading. There is a lot of difference between demo trading and live trading. What I found is that some traders simply hesitate in opening trades and they do not exactly follow me. They think they may lose and due to this fear, most of traders always trade with GREED and FEAR. However I teach YOU not to trade with emotions. Follow a rule based and time tested trading approach and do not care about any news and what other people are saying about market. I strongly recommend you to only do what my trading method tells YOU to do. I know that profit and loss is part of the business and this time I am going to bear your losses in trading. We will sit together online and we will trade like partners. We will together identify and open trades but at my trading account and you will open the trade with your own hands. We will try to make profit while I will be watching YOU. And why you are doing? Incase of loss I will bear 100% loss. As we become partners in trading so, incase of profit I will share 50% profit and I will give you the 50% profit as well. Any student of mine will not bear any loss that may going to happen at my own LIVE trading account but in case of profit then at the end of every 30 days if account is present in profit that student will automatically get his 50% share of profit. I guarantee YOU that I am not going to leave you alone in trading because that’s my money guys and I want to see profit. In other words I want you to make profit by doing trading at my LIVE trading account by strictly following methods and my advice because I really want to you to become a successful trader. I understand that some times you lose and some times you win but that’s the way it works. Now I know that if a student of mine start making profit at my LIVE trading account then one day he is going to say to me that okay Mr. Azeem I made profit at your LIVE trading account but now I want to open my own trading account. Well that is okay with me and he can quit any time and there are no strings attached. At this point I know that there are 90% so called Gurus, Forex Mentors and Scammers out there. They only want to sell you their non working stuff. Those are actually big losers and they only present monkey show. Let me do a search at Google. Wow it seems to me that the whole world is offering Forex coaching. Almost everyone is selling a killer trading system or money making system to make you millionaire. WOW!!! I have a question for you at this point if these 9995 so called Gurus are really right then why still 90% traders still losing money in Forex trading? Do any of these so called Forex Mentors are going to provide you a TRY at their LIVE trading account after purchasing and learning their methods from them? Moreover do you think that you are really going to become a successful trader after purchasing a 100 US$ book or 395 US$ trading course? So, I would suggest you that if you are really serious about learning Forex trading then do not waste your time and money. For those who are interested in my Forex video course program, please note that I pay individual attention to my all students and I want to deliver quality due to this from now on I will only accept 2 students per month. The advance booking is open on a first come first serve basis and as soon as I got the course fee from you I will confirm your seat and then we will start. All those who came late will automatically transfer to next month. You can send me an email and ask me about the availability of seat prior to sending any course fee.
Like many people in many different locations the world over you may spend a good deal of time dealing with your investment portfolio. The fact is that as you go about working to protect and build your investment portfolio you will want to make sure that you understand the benefits that are associated with a stock investment guide. Through this informational article you are provided with a discussion of the actual benefits that you can derive and obtain through the use of a stock investment guide. The first and most fundamental step that you must take when it comes to determining whether a particular stock investment guide is the right choice for you is to do some background investigating. In the end, and as is the case with so many “guides” that are being marketed in the financial realm today, there are some very good stock investment guide and other types of investment guide options – and there are some completely shams that are being promoted as being authoritative stock market investment guide materials. Obviously, it really does go without saying that when it comes to an investment guide generally and a stock investment guide specifically, you must have a product that is worth its weight and that really does contain usable and accurate information and solid advice. The next step to take, the next factor to consider when looking for an investment guide, including a stock investment guide, is to make sure that a particular investment guide or stock investment guide is directed towards a person with your level of experience. If you are new to the world of stock investing, you definitely will want to obtain a stock investment guide that is geared towards a person who is a novice in that arena. On the other hand, if you do have more experience in investing in the stock market, you will want to obtain a stock investment guide that is more suitable to your own experience level. In this day and age you also have a variety of resources through which you can access an investment guide including a stock investment guide. Of course, you can visit your local bookseller in the brick and mortar world and access a wide range of investment guide options, including a number of different stock investment guide options in print today. As is the case with so many things in this day and age the Internet and World Wide Web is a solid resource for you when it comes to your search for reliable and effective investment guide options, including stock investment guide options. Therefore, you definitely will want to check out what is available to you online when you are in need of an investment guide, including a stock investment guide, to assist you in developing and enhancing your own portfolio. You are very likely to be able to find precisely what you need on the net when it comes to a stock investment guide or any other type of financial investment guide that you might require or desire.
Market profile can be used to really improve trading success stories. Many investors may wonder what a market profile is, and how it is used. These answers are actually simple, and are much less complex than they sound. Market profile can go by other names, such as time price opportunities, or TPO, and volume profile, as well as others. A market profile is a chart which has time increments of one half an hour, as well as prices and currencies. This will allow you to determine which times see the most market movement, as well as the general direction the movement takes. A market profile chart will show which times and which prices see the most activity by traders, and which time periods are slow when it comes to trading. When you use a market profile you will notice trades which are more profitable, because you can pinpoint market movements usually. This is not foolproof, and no investment ever is, because the markets are not always predictable. Using a market profile chart can help you minimize the risks involved though, while maximizing your potential gains. You do not have to have level 2 access to get the data needed to create a market profile chart, so you can do it regardless of your access level. Simply list the prices vertically on the left of the chart, and the volume of trading horizontally on the bottom of the chart. You have two options when it comes to the time frame in thirty minute increments. You can use colors or letters, and determine the exact time that each block represents on your market profile chart. Market profile charts can help you easily determine many factors. One of these is which prices have been traded in the last few minutes, and another is which time of day is the most active on the market for a specific price value. How you use the market profile will depend on which type of trader that you are, but these charts can be invaluable in determining the levels of support and resistance, and the placement of pivot points if you use them. Market profile charts can be used by all traders, whether you are a short term or day trader or you are in it for the long haul. Once you have designed your market profile charts, examine them closely. Look at all the factors involved that affect your trades. Your market profile can be used alone, or it can be combined with other tools and types of analysis. No matter how you use the results of the market profile analysis, it can be a very useful tool in your investing toolbox. Whether you are a day trader or a swing trader, or another type, you can use market profile charts to help you evaluate possible trades, and to set your levels of support and resistance to minimize possible losses and raise the odds of a profitable trade. The whole point of trading is to increase your capital, not lose it, and market profile charts can help you do this.
If you are like an ever growing number of men and women the world over, you may have made the decision to become involved in Forex investing. Towards achieving this goal, you may now be looking for Forex trading software that will best meet your needs, goals and objectives. Through this informational article you are presented with an overview of what you need to look for when it comes to Forex trading software. When it comes to selecting Forex trading software the most important feature that you need to keep in mind is whether or not particular Forex trading software really will keep you connected to the international monetary market. The reality is that the international monetary market, the foreign exchange market, is one of the fastest paced of all of the commercial markets in operation today. The fact is that the value of a nation's currency can change in what amounts to nearly a heartbeat. Therefore, one of the primary functions of any Forex trading software that is worth its salt is being able to keep you posted to changes on the market around the clock. In regard to communications and connections to the market that are offered through certain types of Forex trading software you will want to look for Forex trading software that offers an array of means of keeping you in touch. For example, prime Forex trading software will allow you to run RSS feeds on your desktop which will keep you posted on changes on the international monetary market. In addition, the most advanced and useful Forex trading software will also you the ability to keep connected with the Forex market via emails, instant messages and event through text messages to your mobile phone. In other words, you can receive market alerts via your selected Forex trading software through all of these mediums. In your search for Forex trading software you will also want to play close attention to what is available to you in the way of customer service and technical support. The bottom line is that if you find yourself having a problem or difficulty with Forex trading software you want to make sure that you have access to professional assistance around the clock to get your Forex trading software back up and running. You simply cannot afford to have your Forex trading software out of commission for any time at all. Finally, when it comes to Forex trading software, you will find that you will be able to purchase Forex trading software in a variety of price ranges. In short, you will be able to find a Forex trading software program or application that fits your budget. Of course, when it comes to cost issues and Forex trading software you will want to make sure that you thoroughly examine what you will be getting for your money when you do make the purchase of one type of Forex trading software or another. You will want to make sure you get the most for your money when you purchase a Forex trading software program.