Tag Archives: Should

General Business

Brokers Should Make Trading Experiences Pleasant

Dealing with brokers is believed to be a pleasing experience. These individuals are there to help traders with their finances and be helpful. FXPRIMUS is made up of institutional and retail traders that have decided to find solutions to the various problems traders face in the market world. There are thirteen major issues that arise constantly. Every one of these issues is eliminated by the FXPRIMUS team, permitting clients to trade with simplicity.

Not only does this on-line trading associate assist traders to have a much easier time with their funds, however they even permit them to earn commission for referring new individuals. Clients are able to get commission from trades made by the individuals they refer to FXPRIMUS. This is a win-win situation. The client earns a bit of profit from the trade, the new referral gets the advantages offered by FXPRIMUS, and the company gains new clients.

The top problems traders deal with consist of needing several accounts for trading Micro, Mini, and Standard lots, only receiving a 4 decimal point price feed, having flexible and set spreads which are too wide, and not being allowed hedging or scalping. Every one of these problems has marvelous solutions set in place by FXPRIMUS. There’s also no need for opening an account to take a long period of time. This is another 1 of the 13 major problems.

Some traders feel that their broker is actually a market maker. They have the feeling that the broker is trading against them. This problem is remedied through FXPRIMUS since they’re a Straight-Through Process broker, or an STP broker. There is no stop-hunting, manual manipulation, or shading which takes place.

Getting slipped and paying a higher price is very frustrating to traders, which is where the zero-tolerance rule on slippage comes in to play. FXPRIMUS enforces this policy to the fullest and never slip their clients.

Accounts aren’t difficult to finance and there’s no need to be anxious about how secure funds are either. The Client Support offered is exceptional and available all through the business week on a 24 hour basis.

Two final issues that are included in the main thirteen list are that only low leverage is available and only essential commodities and Forex can be traded. FXPRIMUS offers leverage up to a 1 to 500 ratio. As for the trading ability, other goods available on the platform of FXPRIMUS consist of; Global Equities, gold and silver, and even gas or oil. These brokers genuinely know what trading should be like and are able to create an thrilling experience for their clients.

General Business

3 Day Trading Rules You Should Never Break

Day trading is an addiction. It works like a drug. Both the success (profit) and failure (loss) in it results in more and more trading until it reaches to investor’s bankruptcy or to investor’s psychological imbalance. This could be saved if an investor follows 3 day trading rules given below. By following these trading rules you can make much money from day trading than you previously made following a hit-or-miss path.

3 unbreakable day trading rules

Trading rule 1: Stick to your plan, no matter what

Earning a lot of money every day before the closing bell rings could be the central idea, but it cannot be a plan, from any stretch of imagination. It can never pass for a plan. If this is all one got, the situation is not very bright. The sun will soon set in the horizon leaving a bitch-black darkeness behind.

It is, therefore, advised to have a proper plan for your day trading activities. And once a plan and the strategy to meet the goal set in the plan is created and tested, stick to it. Follow it to the dressing room, for even the best of the strategies, if not backed, will not succeed.

The worst thing a day trader could do to himself and his plan is to switch strategy at the drop of a hat.

Trading rule 2: Shun greed and be a nobleman

If you scan through the history of people losing money in day trading then you will see pages and pages of history littered with the stories of excessive greed. Greed, if controlled, could be a proponent of growth, but when left untamed, it brings disaster for its master.

Do not wait till the last minute for the bell to toll before you can surrender the winning hand. Sell it much earlier and remain satisfied with the profit you make, or even the loss you incurred.

Trading rule 3: Never be afraid of loss, it doesn’t matter

If day trading is a gamble, letting go of the bad cards dealt to you is the key to the pot. Many day traders are afraid of loss because of which they do not keep their minds and eyes open to see the bad trade they have done. At the end, they stick to a bad trade for long, which results in more loss.

The winner in the game of day trading is the one who knows when to hold it and when to fold it (surrender), so that the gain could be maximized and loss could be minimized. Keeping the losses small, in a sense, is saving money which didn’t flow through like sand from the clenched fist.

If you want to make real money in day trading then you should follow the day trading rules laid above. Breaking any of the day trading rules may push you away from your goal. Keep your goal in mind and follow the trading rules set above.

Market Analysis

China Should Offer More Open And Fair Market Environment

According to China Euro Chamber of commerce’s report in 8th Septemper, chinese market barrier protection is more and more serious, the members of chamber of commerce are facing a more and more closed market, China government need to provide every market participant a fair market environment, and offer a chance for the enterprise to achieve sustainable development.

” China government have confirmed that it needs more new grow motive prower for Chinese enonomy development, and the economy frame also need to be adjusted, the twelfth 5 year development plan also mention the industry upgrade and the development of service and green economy model. ” Chamber of commerce said.

the chamber of commerce also claim that these plan is correnpond to the sustainable development target, it is also the challenge to Europe companies’ Service and green economy development, Europe companies are now facing more opportunity in chinese market.

Chairman of chamber of Euro Commerce Davide said that china show her aggressive side in the twelfth 5 years development, it also raise Euro Chamber of commerce’s expection toward chinese market, cause Europe enterprise development need the power from china’s growth.

But Davide also mention in the same time that China need to reform and open their market more deeper, and remove the market barrier. the competition can only be cultivated in this way, it can also stimulate the private company, small company and china economy’s development power.

as we know, compared with a few decades ago, Chinese market is more open. China goveronment welcome and encourage foreign company to develop their company and business in China. the friendly attitude toward foreign company provide them a lot of advantage, and as we know, China domestic company, not the small company and private company, but the Public official enterprise, they have more advantages, the resource, technology, Fund they have is far more than other private company. this is what we call the unfair market. just as the Euro Chamber of commerce say, small and private company also need more resource to develop their business.

offering an open and fair company is good for both China and Europe countries. China is the developing country which mean China need a lot of foreign companies which is have more advanced technology and mangement system to invest in China. For Europe foreign companies, China’s cheap larbor force and other kind of resource will keep their products more competitive in the market, at least it will be competitive in price.

Market Analysis

Pay Per Click Account Management Basics – What You Should Expect

Pay per click account management is an important part of managing the online end of your business. While most businesses understand the value of a pay per click advertising campaign, few understand the particulars of running a PPC campaign well enough to manage their various pay per click accounts effectively. That’s given rise to marketing and management companies that offer pay per click account management services to companies that don’t have their own advertising departments to handle the task. Understanding what you can expect from a pay per click account management company can help you choose the best PPC company for your needs.

A comprehensive PPC account management company offers all of the following services in various combinations.

Analysis of Your Competition and Current PPC Marketing Strategy

The first step in creating an effective pay per click campaign is analyzing your current marketing strategy and evaluating your competition to see what’s working. PPC campaigns rely on choosing the right keywords and phrases to target with your ads. Understanding how people are finding your competitors – as well as what’s not working for you – will help a pay per click account management company design a PPC marketing campaign that works for your business.

Target Market Analysis

As with any advertising campaign, a PPC campaign relies on targeting the right audience. Many of the best pay per click account management companies will analyze your market to help you identify the best target market for your services. This may involve analyzing where your competitors are placing ads and why, as well as identifying specific websites and demographics to target with your PPC ads.

Pay Per Click Advertising Development

The target market analysis will help the pay per click management agency develop ads designed to attract your most likely, and most profitable, audience. Some cheap pay per click management companies outsource this part of your account management or use ad templates to create ads for your company, but the best PPC companies develop multiple custom ads for each client company to guarantee you the best conversion rates and results.

PPC Ad Testing

One of the most important parts of creating a successful PPC campaign is testing multiple versions of ads to find those that deliver the highest click through rate and the highest conversion rate. Most PPC management companies include testing new ads as part of the PPC services.

Integration with SEO

A high-end pay per click account management company will work with you to integrate their marketing efforts with your on page SEO for landing pages and other site pages to increase the conversion rate of your ads. The PPC ad campaigns that provide the best ROI are those that treat the entire selling process as a coordinated whole rather than separate parts that have to be forced to work together.

Setting Up Conversion Counters and Tracking

It’s not enough to just create ads and set them loose in the wild. You need to be able to track visitors once they reach your website. Google, Yahoo!, MSN and other search engines provide conversion counters to help you analyze what site visitors do after they land on your site so you can tweak and adjust your PPC campaign and marketing strategy.

Monitoring, Optimization and Reporting

The final service provided by a pay per click account management company is follow-up, which includes monitoring ad performance and click through rates, optimizing your site for the best performing ads and tweaking your keyword list so that you’re not paying for keywords and ads that don’t convert to business for you.

Contact a pay per click account management company to reduce your work load and increase your profits by applying their knowledge of SEO techniques and PPC marketing to your website.

Forex Trading Articles

Forex Strategy Trading Tips The Forex Trading Every Trader Should Use

As I was preparing to trade the currency markets today I used my regular pre-trading routine. I follow exactly the same routine day after day and it makes it possible for me to become more organized and proficient as a trader and as a businessman.

As part of my Forex strategy trading helpful hints I would like to share with you a checklist that every currency trader should use in order to be more effective, more organized, and elevate your return on investment.

Check your open trades and track their performance: This should be the first step you take once you get to your computer. Check all of your open positions and
track their performance.

In many occasions stop losses need to be moved to break even or you want to take profit early because of an incoming event (such as non- farm payroll). One of my mentors once told me that “everything that matters should be assessed”, this clearly applies to spot trading.

Analyze the market before you place any brand new trades: I cannot stress enough that you must to analyze the market before you open any trades. When you are in a trade you are not the same. You are thinking about the trade all the time and you are more likely to make non-sense decisions.

At the same time, you will be hitting your head if you see anything in the market that creates a conflict with a trade you already took.

Read the news or read a news calendar: I am most of a technical currency trader than a fundamental Fx trader; nevertheless, I still try to stay up to date in what is going on globally.

One of the resources that I utilize to analyze the fundamentals of the foreign currency exchange market is the news calendar. A news calendar provides you with a list of all the important events that are happening in the global economy. A lot of them also tell you the expected influence that each specific news event will have on the Forex market.

Check your risk, stop loss, and tale profit values: small things can make a big difference in Forex trading and tiny mistakes can cause large losses. This is the reason why I always check my risk, take profit levels, and stop loss levels. That’s the only way for me to guarantee that that everything is working fine and that I am going to meet my trading goals.

Never let a small mistake become a large loss: I chose to include this one as part of the Forex trading checklist because I have seen many traders lose money this way. We are all human and we will commit mistakes from time to time.

One of the most common errors traders make is taking a trade on accident. I have done it and all pro Forex traders have. This is not that big of a mistake unless you let run and become a larger loss. My advice to you is that if you ever take a trade mistakenly close it immediately, never let a small mistake turn into a big and unnecessary loss!

I Hope you enjoyed my Forex strategy trading recommendations please check back regularly as we post numerous times each week.

Sincerely,
Jay Molina
Professional Forex Trader & adviser