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Forex Trading Articles

Learning The Game Of Forex

What forex trading is, most traders say is aggressive speculation. Forex then is all about the ability of the forex retail trader to trade options on the currency pairs. Using OTC options provides a new level of strategies and tactics.

Here you can see an active trader buying calls or puts on the underlying spot currency pair. When you do this though, you will only get a minimal payment. There is however income in options on spot forex pairs as well. All kinds of trading will have risks but there are ways to lessen them. Here be sure to understand the steps in formulating an income strategy for a forex account using options. Be sure to have some income goals. It will always help that you have an achievable dollar goal. Most people will want to set a $1,000 per month on a $5,000 account which is a different level of risk than setting a goal of $500 per month.

It is best that you always manage your trading and your risks. It is always best to have a process to minimize risk. By using Stop and limit orders you are containing your risk. At the same time you can use the buying and selling of spot cash to offset price moves as a risk control tool. Most people would advice that you take measures to control the downside of this tactic.

It is best that you employ some technical analysis. One thing about the market is that you need to understand how the strike prices relate to overall key indicators, trends, and support and resistance levels. New traders need to keep in mind that the trade should be an outcome of technical analysis. Traders also need to remember these evaluating levels like Fibonacci levels, point and figure breakout zones, as well as the valuations on the delta, theta and other key terms related to options trading.

After it is best to scan option pricing tables for puts and calls that can help you achieve those goals. Use the internet as there a plenty of 24 hour OTC currency option pricing tables. In an example, in looking to generate income using EUR USD options, they chose a February 98.50 put and a February 110.05 call where the spot price at the time of the trade was at 104.69.

The margin ratio is 80% which is high. If you have a $5,000 account you might want to use buy stops.

Your objective is that when the February options expire, the cash price of EURUSD will be between 98.50 and 110.05. A good example is using a 400 pip wide trading range for this income trading.

General Business

Corporate Manipulation – The Game Of The Big

Corporate Manipulation is the game of the big companies striving to control more shares of their relevant market. Big industries like the tobacco, pharmaceutical or the mining industries use different manipulative techniques in order to make more profits than their rivals. The impact of such manipulative strategies has been sometimes so big that they have attracted the attention of law regulators and have provoked the passage of important anti-monopolistic laws.

There could be two types of corporate manipulation – manipulation intended for consumers and manipulation addressed for other rival companies. Big industries usually have little trouble manipulating their clients – oftentimes the companies are large enough to have control over a big share of the market and to have an important impact on people’s lives. Once consumers are dependent on the company, they find themselves following the business rules of this industry and it’s hard for them to break up with the company.

Corporate manipulation directed to other companies seems more difficult, because the companies usually have the same resources and the same access to information. Which makes manipulation less easy, but not impossible. One striking example was the case with Intel. Intel is a company that produces chips for personal computers. In the mid 90s, Intel had monopolistic control over its market but it was starting to get outdone by its main rival – AMD. Both of these companies were fighting for the attention of Dell – the most important computer manufacturer at that time. In order to secure itself deals with Dell, Intel paid $1 billion to Dell and became its main provider of computer chips even though the chips of AMD were better and cheaper. The company manipulated the choice of its partner and this later became a usual tactic for Intel – in the next years the company made such deals with many other manufacturers.

Corporate manipulation is the way of big companies to continue making millions of dollars when they see that their rivals are starting to gain more and more influence. With time, many such strategies for controlling the market have become illegal as legislators perceived the threat of them to the rules of free economy and free market competition. Most of the time, these processes have stayed unnoticed by the general audience as the press didn’t cover them, but the little media attention is a whole another topic about manipulation techniques.

Forex Trading Articles

Forex Trading is a Numbers Game

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Anything can be happen in forex trading markets. Every forex trader have to accept this fact without accepting this fast he will never become constantly profitable. For the beginners the first challenge is to master the rhythms and language of a global market which never stops. There are no fixed exchanges and when – ever trading closes at the time of ending of the working day in one main city, as it is the beginning halfway around the whole world.

If any trader wants to make money in the forex market, then it totally depends upon the management of his money. Nobody in forex market can make huge amount of money without following a proper strategy of money management. The forex trading is a numbers game which will provides the investors with techniques of risk management which are not very easy to apply and understand, but it can direct you to regular and constant profits. By using techniques of management you can make money more and more.

In order to become constantly profitable, the trader have to take part in the benefit over a chain of result. But the best thing to make constant profits is to make effective risk and money management strategies. A valuable guide for each and every forex trader and complicated investor, the trading game provides a very powerful range of solutions to one of the most confusing problems in forex trading that how to keep the losses small so that the profits can increase.

Before playing forex trading as a numbers game, the trader should be sure that the data or information is very important to be valuable for their effort as well as time. After this the traders must surely understand what money management is about and how it is different from what most of the traders believe money management is about.

Forex Trading Articles

Forex Trading Tips – Find Success In The Forex Trading Game

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Forex trading is gaining popularity in leaps and bounds and everybody wants to get in on the game. Forex trading can be very profitable, if you start out the right way and not just blindly jump in with both feet. The experts will tell you the first thing a person needs to do is develop the right personality for forex trading. When giving forex trading tips, experts say that your attitude will either make or break you.

Honesty is the first key in becoming a successful forex trader. Many people feel that in order to make their stories more interesting than they actually are, they need to embellish and exaggerate them. Most people don’t come right out and lie, but when they start talking they tend to add a more exciting details and twist to their stories. Also, many people tend to leave the bad stuff out or shy away from the downside of things, especially when she or he is trying to make a sale. Honesty is absolutely essential when you’re forex trading. You want the people your dealing with to trust you and you will need that trust in order to build good working relationships with the people you come in contact with. Either good news or bad, being honest will get you where you want to go.

If you don’t have good listening skills then you’re going to need to work on them and become a better listener. When someone is giving you essential information about what’s going on in the forex trading market, listen to their whole story. Many people start off listening pretty well but after a few minuets, many tend to drift off or zone out and start thinking of other things. Make sure you listen to the whole story, when you feel yourself drifting off, come back and stay in the NOW, not what happened yesterday. Many people have made some very bad financial choices because they didn’t hear everything that was being said to them.

Think things through before making a decision. After listening to some good forex trading tips, think them through and analyze the situation first. Don’t react to everything you hear right away. Many traders find that when they wait a couple hours or so after they’ve learned some information about the market, their outlook has changed and they understand what they heard even better than they did after first hearing about it, allowing them to make better decisions with their money. Thinking things through and analyzing what may and may not happen, is the key to successful trading.

Lose the ego, or the “I’m smarter than you attitude. There is no room for big egos within forex trading. Making your decisions based on pride could be disastrous to your financial situation. Decisions based of facts and figures are needed here.

Set your goals and stick with them. Decide what it is you want from forex trading and then be prepared to wait for it. Smart traders know they are not going to get rich quick. Success happens over time. When you set goals, you have something to work towards and this keeps you focused. If you’re an impatient person, then set smaller goals and build up to bigger one’s. Most important of all is to stick with your goals and try not to venture too far off the beaten path. Many people set goals but don’t follow them and then wonder why they’re not successful traders.

These are just a few forex trading tips that you may find helpful to you. As you set out to learn all you can about forex trading, you will find all kinds of good information. The best thing to do is to take the information that you need and leave the rest for someone else. As big as the forex trading market is today, there’s enough for everybody to gain a successful financial future.

Forex Trading Articles

Forex Trading Game Download – Learning to Trade Currencies Online With a Forex Trading Course

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Forex Trading Game Download

I began my spread betting journey with a Forex course which showed the fundamentals of Forex spread betting starting with a forex course by “Andy X” called ‘insider signal’. The course showed the use of ‘Metatrader’ – a trading platform which you can download to follow the markets, and trading fundamentals and signals. I signed up with a spread betting company called capitalspreads.com which allows you to trade from your laptop at home.

The good thing about most of these spread betting companies is that they allow you to demo trade – you get a ‘play’ account with £100 000 ‘play’ money to learn the process of trading without having to risk real money. The bad thing about this is that it can give you a false sense of security. Trading with real money is very different and the added pressure can easily distract you into making bad decisions and breaking from your initial trading plan. Forex Trading Game Download

After I had been trading for several months with small amounts I slowly started increasing my steaks. An initial winning streak made me over confident and I took some heavy losses when I upped the steak. I continued to learn and signed up to a new course which took a slightly different approach.

I liked this course as it focused on choosing only the very best trades and ignoring the others. Most of my time was spent on making sure the trades I was looking at were technically perfect and ‘Hector’ taught only to enter those trades and always to leave the others. Since losses are part of the trading game it is as much about limiting losses as making winning trades. Forex Trading Game Download