Tag Archives: Features

Forex Trading Articles

Quintessential Features of Online Currency Trading System

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With forex trading, you are either a trader or an investor, but when you get the hang of trading you can invest some of your own and earn multiplied income out of it just by sitting at home. Forex trading is not a rocket science and those who excel in currency trading scene were just like you some years ago. So keep a positive mind, be prepared to lose some amount of money you can afford because only when you make mistakes you would not repeat them and you only get better. You also need to be alerted with market trends and information that concerns huge forex trading market. Unlike stock trading though, you have a simpler layout of investing and trading with foreign exchange currency trading. All you need is a best currency trading system to keep you independent of mentors and help you grow in your smart trading practices automatically.

If you are looking for an elucidative online currency trading podium there is a lot to look into in terms of user-friendliness of the system, types of information displayed and its significance to your daily trading activity. Your ideal trading system must essentially have detailed currency charts displayed. Your account details must be spelt out in a rather organized manner so that you make no mistakes in understanding every minute figures or statistics shown in them. Trading system must have a trade analysis platform. It must also have order set-up options according to user preferences of order placing. It is clear that you need this trading system to make knowledgeable trading decisions with calculated risks. Hence, the level of information made available in your currency trading system is crucial.

There are many automated systems offered on the market today, and they are designed for different levels of users. For instance, you have mt4 trader, a platform that allows both forex brokers and novice traders to analyze the market and visualize charts. It also allows you to place orders. Although designed for trading gurus this system has an integrated expert advisor that also helps novice users to understand different processes like stopping trading deals, cancelling or replacing them, depending on the data input. If you are a beginner you can utilize the in-built trading strategies and if you are an expert you can personalize your own strategies and feed them into the system.

Just remember one thing – when selecting your best currency trading system you need to take time that you spend on the system into consideration as well. If you are someone who needs updates while on the go, your trading system must have a mobile interface. Some of online currency trading systems out there offer demo for virtual trading which you can optimize on to acquire a decision on the best system that suits you.

Market Analysis

Features of a Good Mailing List Company

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For any direct marketing campaign, a mailing list is very essential. In today’s times, with the advent of the Internet and consequent popularity of the electronic mail, an emailing list becomes even more significant. You must not compromise on your efforts of marketing by cutting down on the price of mailing lists and should go in for the best possible mailing lists available. In this context, you should look for a credible mailing list company. Email list brokers are those who essentially research and recommend mailing lists for you and even manage and take charge of all the paperwork and other necessary details that is involved in these lists.

A reputed and reliable mailing list company should ideally offer hundred percent deliverability in terms of their mailing lists. For each and every name that is returned, there should be a policy of fair replacement in its place. For every serious and successful marketers advertising campaign, there should be the use of postcards, direct mail letters, and emails. Nowadays, getting emails to be read has become very challenging. Thus, you can be assured a handwritten address on a direct mail letter’s envelope or even a postcard having a screaming headline have greater chances of being read. Good Email list brokers should provide you with a mailing list that is highly targeted and exclusive as well.

You must ensure that your selected mailing list company can provide good targeted leads for every offer and matches your distinct target audience with utmost precision. Experienced and successful Email list brokers should make sure that your mailing list reaches your letter shop on time, enable you to locate new mailing lists, manage your invoicing for mailing lists that you hire, negotiate the best prices on your behalf with the owner of the mailing list, assist you in evaluating your response rates, income on gifts and other relevant results, identify profitable segments on lists that are unlikely, and recommend other media such as email and sms for consideration of implementation

You must also make sure that your chosen mailing list company makes efforts to research new mailing lists with the most updated resources, educate and inform veteran as well as new mailing list buyers, and negotiate the best arrangements in order to meet your individual and distinct requirements. Credible Email list brokers are meticulous in terms of the quality of their own database and to those that they send messages to. They also provide a wide range of services such as market and surveys research, cross-selling, generation of new clients, newsletters for keeping contact with potential and existing clients, up-selling, and client-reactivation.

Before you look for a good mailing list company, you must take care to study your offer or product and then accordingly determine you best target audience. You can bear in mind certain factors such as how your product will benefit the consumers, who would need or want to purchase your product, what is the best market geographically, and how you can market your product nationwide. Good Email list brokers should guarantee secrecy and confidentiality with regard to your leads, marketing strategies, and offers.

Market Analysis

Technical Analysis Software – Five Features That Make Trading Easier

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A technical analysis software is a great tool for any trader to predict the future market movement; this can be done by analyzing charts, utilizing backtesting, etc. If you have learnt manual trading, you must realize how confusing it is to analyze many charts, prices, and volume data in order to make a profitable entry decision.

Using a technical analysis software can greatly help you to make the best entry and exit decisions.

The features of this software may vary from the one that only help you in specific area to the one that will automate all the process for you. These are some features of a technical analysis software:

1. Charting
Charting is the bread and butter of technical analysis. Basically, no technical analysis can be done without charting. The chart form is a graphical interface that presents price, volume, and technical analysis indicator such as Elliot Wave, Fibonacci, Gann Fan, etc. There are time frame selection available so you can pick the one that match your strategies.

When selecting a time frame, you can choose from tick (seconds), minutes, daily, weekly, to monthly. Viewing historical data on a specific period of time is also possible; you just input the date range that you want.

2. Back Testing
Back testing is used when you are testing various trading strategies or systems. In order to do this, you convert your strategies into a set of rules and test it against a time frame of the historical data and see the results.

This is a good mehtod, but remember not to depend on it too much; it has proven to make many traders fails if not used carefully. The reason is they tested their strategies with historical data and keep modified it so it can be a profitable strategy during that time period. Most of the time, these tester will forget to test their modified strategy in current market condition. This is not a wise decision; a strategy that works well in 2001 but fail at the current condition is as good as trash.

If you have a strategy that worked with historical data, open a practice account and have it against current market; if it can survive and give you adequate profit for at least two months, then you have a working trading strategy.

3. Alerts
Forex traders using alert software to notify them when the particular conditions are met at the market. For instance: the prices has gone through support or resistance line. This notification will be send to the trader via screen pop up, email, short messages, instant messenger, or any other communication means.

4. Custom Indicators
In a good technical analysis software, you can use, customize, or combine various standard indicators such as MVA (Simple Moving Average), EMA (Exponential Weighted Moving Average), LWMA (Linear Weighted Moving Average), etc. If you have better skills, creating a new indicator to support your strategies is not impossible.

5. Broker Interface
Certain technical analysis software has feature that allows it to integrate itself with a brokerage platform, thus you can trades on a familiar platform. This will makes your trading process easier because you can input orders directly from the chart.

Using technical analysis software can make market analysis, deciding entry and exit prices, and predict future market movement a lot easier. If you enjoy analyzing market and don’t want to depend on somebody else for that, this software is a must have.