Trading

Forex trading: Are you aware of the ways to succeed here?

If you are ready to explore the world of Forex trading anytime soon then let us tell you that Forex is not only about acquainting yourself with the basics of trading or constant practice. The way you manage your money will be as crucial to your success as a trader as learning the basics is. Today, we will be offering a few tips with which you can expect to etch out a successful career in account forex trading. Read on to find out more in this regard.

Success in Forex: All you need to know

Learn about the basic of trading and practice it on a regular basis. There is no substitute for diligence. You might as well be blessed with enviable trading acumen in general, but practice makes you perfect. In-born power of analysis will not deliver any result if you are not serious about practicing your trade. The more you practice the more your ability to devise trading strategies is sharpened. The online brokers give you a chance to practice trading for a month or so with the help of a demo account. This demo account is absolutely free and lets you practice trading under real market conditions. You will have the opportunity to study real marketing charts and place your bets in accordance. Only the money involved here is fake – so that even if you end up making losses it doesn’t hurt you. And there is more room for you to experiment with your trading moves and weigh the pros and cons of each move in order to perform better when you are trading with real money later.

forex-analyst

Choose a forex trading professional with due care

It is very important to make sure that you are selecting the online broker very carefully. Account forex trading is one of the riskiest business ventures one can think of. At times, it becomes very difficult for newbies to manage their accounts without the help of professionals. This has led to the rise of major corporates that make trading a lot easier for you by providing you detailed reports of market trends and guiding you as to where exactly you should buy or sell.

Select a single currency pair

Do not commit the mistake of jumping from one currency pair to the other. This does not really allow you the time to focus on one currency pair and analyze it properly. You can choose a maximum of two currency pairs to start off with. Study these pairs properly and try to maximize your profit in accordance. Focus on analyzing these two currencies and see how they work as per evolving market trends. Once you become adept at handling these currency pairs go on to choose other ones.

Learn to manage your finances properly

Proper finance management is key to attaining success in Forex as well. You might as well go on winning move after move. However, a single bad move can wipe out all your profits. Never enter a trade without setting the target profit and stop loss features properly.

 


Exploring a Few facts about Low Spread Forex Brokers

When you start trading in the Foreign Exchange Market online, you will find that the Forex brokers out there won’t charge you. Even the conventional forex brokers will not charge you. However, they are not offering services for free. They actually make money by charging a “spread” from the trader. So, what exactly is this spread?

What is a spread? What should you know about it?

The spread refers to the difference between the bid price and the ask price involved in your trade. The broker adds the spread with the price of trading and keeps it as his trading fee. The broker’s fee, thus, is often considered to be a hidden commission. All the brokers have these hidden commissions. So, if it is very important to find a low spread forex broker before you start trading. How exactly can you zero in on a low spread forex broker? Read on to know more.

Choosing a Trading Platform: What should you know about it?

There are several online trading platforms offering trading opportunities to experienced traders and rookies. You should be able to identify the low spread trading platforms from there and go on to select one among them. Here are a few tips which might help you.

Identify currency pairs which have low spreads

The top currency pairs— GBP/USD and EURO/USD typically have the lowest of spreads around. Now, different brokers will offer different spreads on different types of accounts. If you are trading with a low spread Forex trading platform, it might not exactly offer very good mini trading opportunities and might carry higher spreads than a full contact account does.business

Check out if the trading platform is transparent enough or not

An ideal low spread trading platform should be transparent enough to let you know about the actual prices so that you have a clear idea about the spread. The trading platform should show you live prices instead of indicative quotes.

Do you know how the spread works?

Make sure you have a thorough understanding as to how the spread works. For instance, if you are interested in selling a currency pair (having a 3 pip spread between the Bid Price and the Ask Price) immediately after buying it then you would be down 3 pips. This will happen even if you are selling without making a profit or loss (i.e. when the market price is exactly the same when you are buying and selling).

Does the trading platform help you trade on a fractional basis? Here’s what you would want to know

A low spread trading platform might typically enable forex traders to trade on a fractional basis. If you want you can trade 325911 units instead of full 300,000 units. This turns out to be very helpful for traders who are interested in risking in certain percentage their balance on each of the trades.

Choose a user-friendly platform

No matter which trading platform you end up choosing you should ensure that it is easy to use.


Binary Options and why the Four Asian Tigers have Successful Economies

Singapore, Hong Kong, South Korea, and Taiwan are highly developed free market economies that are known as the Four Asian Tigers. All these nations experienced rapid industrialization from the 1960s until the 1990s and by the Year 2000 had developed into high income economies. Singapore and Hong Kong emerged into leading world financial centers , while Taiwan and South Korea emerged into world leaders in Information Technology. Singapore’s first Prime Minister Lee Kuan Yew is widely credited with being responsible for Singapore’s transition from a third world country into a first world country under his Prime Ministership (1959-1990). With OneTwoTrade BinaryOptionsTrading, you can trade with Stocks, Currencies, Commodities and Indices from Singapore, Hong Kong, South Korea and Taiwan.

Singapore

Singapore is one of the world’s 5 busiest ports and is a major international transport hub for both the sea and air. It possesses the world’s 11th largest foreign reserves. Within Asia it is the only country that holds a AAA credit rating and is ranked 1st with the Ease of Doing Business Index. In addition it has 11 free trade agreements with other countries. Being one of the world’s leading tax havens, tax it attracts a lot of foreign investment across most sectors of the economy where about 10,000 foreign companies from across the globe operate. The main reasons for a high level of foreign investment include the location, advanced infrastructure, low tax rates, skilled workforce and a corruption free environment. Singapore ranks as the 15th largest importer and 14th largest exporter.binary options

Hong Kong

Hong Kong has an economic policy of Positive non-interventionism that makes it an example of laissez-faire capitalism. Despite few natural resources and little land that is suitable for farming, it has the 7th largest stock exchange in the world. It was ranked as the worlds freest economy by the Index of Economic Freedom for 21 consecutive years (1995-2015) and is currently ranked 2nd by the Ease of Doing Business Index. As a place with almost no trade restrictions, Hong Kong has developed into a leading financial center as well as a center for Information Technology and many professional services including management and business consultation.

South Korea

South Korea is the most industrialized OCED (Organization for Economic Co-operation and Development) country, a member of the G20, the world’s 8th largest exporter and 7th largest importer, the 13th largest market economy in the world, has 17 Fortune 500 listed companies including Samsung, Hyundai and LG and successfully avoided a recession during the Global Financial Crisis. Hi Tech and Heavy Industries are strong sectors of the South Korean economy.

Taiwan

Taiwan is a world leader in the manufacturing of Electronic Components and Personal Computers (PCs). Leading Taiwanese Hi Tech manufacturers include HTC in the field of Smartphones and Tablets, Acer and Asus in the field of PCs and Foxconn and Pegatron in the field of electronic contract manufacturing. Foxconn is the world’s largest electronics contractor manufacturer.

Taiwanese investors and businesses are major investors in mainland China and South East Asia. Taiwan’s main trading partners are China, Japan, the United States, the European Union and Hong Kong. Taiwan’s outstanding and well maintained rail and road transport system is cutting edge and gives it an extra advantage.


A History of currency and its trade

Trade has always been part of civilised societies. At first, people used bartering to get what they wanted. It was a very simple system: goods were traded for others goods or services. However, this system showed its limits when civilisations became sedentary. Villages changed into towns and exchanges were more and more common and complex. Because bartering was a limited solution to exchange, people looked for other ways to trade. Some objects were used during the Antiquity for trading such as shells but they were not really convenient for large transactions. In 600BC, the Kingdom of Lydia minted the first coin. It is considered as the first “official currency” ever created.
The first banknote

Paper note was created in China, under the Tang dynasty (618AD-907). At first, it was mainly used by merchants but gained popularity among common folks during the 11th century. Marco Polo introduced this concept to Europeans after his travel to China but paper note only started to be used in Europe several centuries after: the first bank note was produced in Sweden, in 1661.


The Gold Standard

The development of currency and economy of European countries during the 17th century led to the creation of the first ForEx market in Amsterdam. Later in 1875, the Gold Standard Monetary System was introduced to regulate currencies. Basically, this system forbade countries to print more money than their actual gold reserve. Moreover, currencies were not suffering from gold price variations anymore as a fixed rate was established to regulate currencies. But this system fell down during the First World War as countries involved in the war were printing more money than their real gold reserve.

Bretton Woods

After the Second World War, in 1946, the Bretton Woods System was introduced to regulate currencies. Currencies were exchangeable either in gold or US dollar. However, as countries preferred to exchange their currency in US dollar rather than in gold, the US dollar became too strong and investors flew away from the United-States to look for other countries with lower currency rates. The Bretton Woods System officially ended in 1973 and European countries launched the European Monetary System (EMS) in order to have a better control over European currency variations. However, EMS did not bring the intended effects which led later to the creation of a unique European currency: the euro.

What’s Next?

Nowadays, ForEx markets attract many people as, thanks to recent technological improvements, trading is much easier than it was a couple of decades ago. People are also starting to get into other kind of currency such as cryptocurrencies – especially BitCoin – as they are free from any governments regulations. Only the future will tell us if these virtual currencies will take more and more place in our lives but one thing is certain: we will always find new ways of trading.

This Article was brought to you by Hantec Markets


Is Forex Trading for Everyone?

With online brokers readily available, and products like spread betting meaning that you can speculate on the markets with pocket change, it’s no surprise that many thousands of people who’d never considered financial speculation before are now getting involved. But is financial trading for everyone? If you’re new to the world of forex, then you’ll want to take a look at what makes a good trader before you jump in.

The first think to think about is that forex is always going to be risky, and it is in some ways similar to gambling in that people can easily get carried away. You need to have a calm and strong mentality to be able to leave the computer when you’re not doing well, and stick to objectivity.Forex Trading System

One of the common issues is that people think that if they keep making a trade they will eventually be successful. This is certainly likely, but the problem is that you’re likely to lose more than you make if you carry on in such a way. You need restraint, and as an example, gamblers do not often make good traders.

Research, research, research

The other big requirement to do well in the world of forex is an analytical mind. Financial trading is not easy, and it most certainly is not gambling either. Every trader looks at price charts and thoroughly studies the markets before opening a position and risking any of their money. If you’re not able to spot patterns and understand the workings of the markets, then it’s highly unlikely that you’ll make any money.

Patience goes hand in hand with this of course. You need both the patience to study in the beginning to become proficient, and you also need to be patient enough to wait until an opportunity presents itself. It can often take a long time to become knowledgeable enough to trade – have a read of this site if you’re new to forex. How much of it doesn’t yet make sense?

Forex trading most certainly isn’t for everyone, but if you’re able to keep calm under pressure, can understand the financial risks involved, and are willing to put in the time and effort, then there’s no reason that you can’t do well. If you’re unwilling to learn, and are just hoping to make a quick buck as an alternative to gambling, then you should avoid forex altogether.


My Favorite Investments: One Year Later

I’ve only been investing seriously for about a year. So why am I qualified to write about this at all? Well, I would never call myself an investment expert, but I do have practical experience that only comes from doing. I’ve managed to make a handful of investments and gain some real money in just a year. So I’d like to share how I did it. I do this because I understand how intimidating it can be to start investing. You’re worried about making the wrong choices, losing money, or watching the stock market collapse right when you put your first money into it. While these concerns are real, they’re also exaggerated in the minds of most non-investors. I think that the best way to learn about investment is to simply start doing it. That’s the strategy I started with a year ago, anyway, and it has gotten me this far. Here’s how I did it.

  • I Bought My House. This one was huge for me. I had to buy a very, run down house. I could have afforded a mortgage more than double the one I took out, but I wasn’t comfortable taking on that much debt, even though my mortgage lender would have let me. I was thrilled to find out that my monthly mortgage payment was less than I was paying in rforex-broker-feeent for the same-sized space. With appreciation on my property (increased by a nearby development) as well as improvements I’ve made inside, my house appreciated more than 20% in a single year! I don’t know if I’ll ever have another investment quite this good (your second home is not nearly as well subsidized as your first) but I’ll take it for now!
  • I Got an IRA. I didn’t get my first IRA till I was 28, which is inadvisably old for starting to invest in mutual funds. That’s not exactly true. Any time is a good time to start, but you’ll see more benefit if you give your money a long, long time to grow. I wish I had started when I was 18. But I didn’t. So today I’m making monthly contributions to get to my yearly contribution limit of $5,500. I think I picked the right mutual funds and ETFs because I’ve already seen some real growth in the little time I’ve had my money in this account.
  • I Started using Forex. Forex Trading is really cool. It’s almost like a game, letting you make investments on how you think currencies are going to change in value over time. If you’re right, and the currency gains or loses a lot of value in your chosen direction, you’ll gain a lot of money. This ones tricky, because it’s risky and it’s easy for beginners to lose a lot of money quickly. But if you do your homework and practice, Forex can be one of the best investments you ever do, just like it has been for me.

These have been my main investments. I chose them carefully and I’m using what I learned to make more good investments in the future.

Image Source: http://www.gettingmoneywise.com/2014/08/the-complete-guide-to-forex-brokers-fees.html


Junomarkets – Asia’s Global Broker Has All That You Need to Trade the World

Trading is following a certain concept or idea. A trader needs to acquire knowledge on a number of things like technical indicators, market demand, political leaders, global economy and market conditions. A trader needs to avail various services, technologies and financial instruments during the course of trading; the ideal online trading environment that he needs is offered by the Junomarkets.

Junomarket is trading platform that believes in the following –

– Partnerships: Personal attention and latest technology are two important factors that are offered to clients through a powerful network of Asian clients.

– Technology: Besides working upon improving the trading environment for clients, they are really passionate about providing them with intuitive and simple tools based on the latest technology.

– Focus: Quick execution and minimum latency are offered to clients through Asian pricing engines and trading servers. Clients have the advantage to get served by regional branch offices.

– Integrity: The value of long-term relationships is not understood by many. Only the long-term veterans in the trading market are able to understand such relationships. Industry veterans that are capable of analyzing trends and managing markets are employed under Junomarkets. These professionals are inclined towards ensuring long-term profitability for their clients.

What do you get in return?

Products

Junomarkets provide traders with a wide variety of trading instruments from across the world. With open markets, traders are allowed to pick powerful platforms like commodities, stock indices and forex for trading.

FOREX

Amongst a number of trading markets, forex seems to be the fastest expanding one. The MT4 platform offered by Junomarkets allows you to utilize spot metals FX crosses out of a lot of 30. For the introductory Juno accounts, the leverage offered is up to 400:1 and for the generous accounts it’s up to 200:1.

Stock Indices

The equity market of a country shows the largest stocks under the stock indices. The whole forex-analystindex can actually be trades under the Junomarkets. It allows you to earn profit by exploring opportunity of short selling. You won’t even need to consider the individual stocks or seek an opinion from outside. Your market moves can yield great results only when you capitalize while trading the index.

Commodities

With the volatility of trade being increased, the world is observing a number of popular trades involving natural gas, oil and other popular commodities. A lot of flexibility and lower sizes make the commodity lots worth quality trading. Junomarkets don’t charge any trading fees or commissions for commodity trading. The price that is quoted is the actual price that you ought to pay for trading.

Platforms

A majority of traders can get their needs satisfied out of one single platform that yield considerable variety. For all clients the broker needs to be versatile. Much of the desired versatility and stability is offered by the Metatrader 4 platform. Junomarkets – Asia’s global broker is capable of providing you with an online access to Metatrader 4 so that you’re able to explore markets via Macs and public PCs. In the recent times, trading has gone mobile. While using your android and iOS based devices, it becomes easier for you to access the mobile MT4 app with the help of your Juno account. When it comes to mobile trading, this app is known to be one of its kind and truly powerful. You can’t really miss out on any trading opportunity now-a-days.


A low spread forex broker is meant to help all traders – Know more

The forex trading market defines the spread as the price gap depicted by various buying and selling propositions that involve all currency pairs. The forex traders need to develop the spread prior to checking their trading profit. The lower spreads play a key role when the trades are drawn by the positive column. Low fixed spreads of forex trading are considered to be beneficial for forex traders by all forex traders that are dominating the market. That’s one reason why these fixtures are more proudly advertised by these market leaders.

Low spreads are likely to bring down much of the financial losses. The basic principles that any trader follows sees a contrast here. Earning profits and securing personal funds are the primary aims of all his moves. The internet will help you find a low spread forex broker that shows specific values for floating as well as fixed spreads. You may choose either the minimum level or the medium level for setting the values. There’s always this possibility of making big deposits, but you’ll find brokers that indulge in bits-n-pieces trading by allowing you to use mini as well as micro accounts. The fixed spreads don’t yield any real advantage; these spreads are bound to undergo tactics like widening, which are followed by a number of forex brokers.

A low spread forex broker usually seems more attractive to the scalping supporters

They would mostly find this strategy to be more attractive as it opens a variety of deals as a matter of fact. It’s under these conditions that commissions are given; commissions wear a cap of 100 pips. Cost of Forex operations are lowered by the low spread desks; dealing with these desks is also much simpler for traders. A few good traders will consider this to be a key selection component.

The ECN trading model doesn’t show traders with any fixed spread. When it comes to buying and selling, a specific rate is shown by each currency pair. The spread thus offered will show an accurate reflection of this rate. All of the trading investors will be able to explore the actual trading conditions within the forex market.Forex Trading System

Some traders choose a fixed spread when they consider a heavier supply and demand. This doesn’t let you defy the fact that all fixed spreads are only usable when the market doesn’t show any favorable trading conditions. The actual buying and selling rates for a specific currency pair don’t have anything to do with it. Clients availing the ECN are able to access the retail as well institutional forex trading participants directly. A quality forex trading platform neither indulges in any form of competition against clients nor does it trade against them.

Tight or low spreads are yielded by certain brokers while dealing with small accounts. Initial deposits are paid to these brokers by small traders who find them very attractive. For every trader, it’s good to opt for lower spreads and trading commissions. You may enjoy such an environment under a suitable broker.

Clients may avail competitive rates and effective spreads via any quality trading platform. They would usually pick a reputable and loyal liquidity provider to establish a powerful bond by making quality investment. Like the majors who explore these platforms, the forex zone is also experienced by the participating clients.


Successful Binary Options Trading With Currencies

It is fair to say that currencies are by far the most traded asset, being traded around the clock whenever the markets are open. Traders looking into the possibility of getting involvedin binary options trading will find trading currencies not only exciting, but potentially highly profitable. Those new to trading should be aware that currencies are always traded in pairs, so for example, EUR/USD refers to the strength of the euro against the strength of the U.S. dollar. Trades may be placed on virtually any combination of currencies with some of the leading binary options brokers offering traders a huge range of currency pairs.

The basic premise behind currency trading is that a trader predicts whether the value of a country’s currency will rise or fall in value in relation to another country’s currency. For example, assuming the United States receives a piece of positive economic data while the European Union publishes negative economic data, the U.S. dollar will likely rise against the Euro. When trading currency pairs, in the same way as with all binary options, the trader is taking a view on the currency pair through placing a ‘CALL’ (the value will rise) or a ‘PUT’ (the value will fall) option.

When trading currency pairs it is important for traders to keepa close eye on market movements in order to be aware of the economic situation and stability of a number of countries. This knowledge will assist them in understanding how currencies compare with each other and help to increase their chances of experiencing significant returns on their trades.

binary-options-2Traders opting to trade currencies will find many trading platforms providing a broad range of currency pair options such as USD/CAD,EUR/USD, USD/JPY and GBP/USD, which reflect a selection of the most popular currencies traded across the world.Identifying currency pairs that deliver good returns can take time and practice but as soon as a trader grasps an understanding of the relationship between the different currencies, they will quickly be able to reap the rewards.

Binary options tradingis an ideal way to trade currencies. All a trader needs to do is choose a pair, analyze the data, and decide whether it will go up or down over a specified period of time. For example, if the current price of EUR/USD is 1.30954 and he expects the price to go up in the next hour, he would place a CALL option on EUR/USD and wait for the outcome in 60 minutes time. If his prediction is correct he stands to make a profit from the investment.

This can be illustrated with a real-life, current example relating to the value of the USD in March 2015. The U.S dollar at this time, is close to hitting a 12 year peak versus the Euro and its highest level versus the Japanese yen in nearly eight years amid expectations of a mid-2015 Federal Reserve interest rate hike and the European Central Bank’s bond-buying program.

The dollar index, which measures the dollar against a basket of major currencies, hit its highest since September 2003, whereas the euro has fallen to its lowest level since April 2003. The launch of European Central Bank quantitative easing sent European yields lower and weakened the Euro, as did renewed concerns about Greece’s financial situation.

With the surging dollar a headwind for U.S. growth, a trader can take advantage of this favorable situation by trading the EUR/USD currency pair. In this case, he may take the decision to place a ‘PUT’ option on this currency pair if he believes the USD is likely to go up in relation to the Euro. In addition, a trader could trade the USD/JPY, placing a ‘Call’ option in response to the dollar’s strength against the yen. Both positions in this scenario could result in being potentially profitable.

Traders can proceed to trade currencies by opening an account with a reputable binary options broker where they will be able to choose from a wide range of currency pairs on the broker’s trading platform. Binary options trading has grown in popularity as it presents traders with lucrative trading opportunities. It is also particularly suited to currency trading and since current affairs and events have such a profound effect on currencies, this explains why so many traders choose to trade in this way and go on to become successful currency traders.

Image Credit: http://www.findunifi.com/how-to-trade-binary-options-and-not-go-broke


Trading 101: The Many Benefits of Browser Based Platforms

For the traders who pile their money into the investment markets, there are numerous ways to place trades, from online platforms to downloadable software and mobile apps. Each of these options has its own, very specific, set of features and benefits that influence the decisions of those who use them to ply the markets.

Which of these platforms you choose may prove to have a significant impact on your level of success. Plenty of traders spend a very long time on selecting a broker, an area to specialise in, a particular methodology, and so on that they forget how important this is. In fact, the type of platform you choose will influence everything from how you can trade, to when and where, the ease and convenience of using your account, and the potential profitability of your decisions.

On the basis of each of these, we feel that browser based platforms have the edge. Read on to discover why…

The Two Types of TraForex-Trading-101ding Platform

There are two main types of trading platform: browser based and software based. The former can be accessed directly via a website browser, which means that they can be used wherever a trader has a connection to the internet. The latter can only be accessed via technology that has a specific software programme pre-downloaded. This creates some major differences between them in terms of when, where and how they can be used.

The Benefits of Browser Based Platforms

Traders who choose to use a browser-based platform will find that there are many advantages. Here are just a few of them:

They Provide Direct Access to the Market

Online browsers offer a major advantage in that they can offer direct access to the markets. This includes being able to see bid and offer prices in real time.

They Provide Real Time Analysis

When using a browser-based platform, it is not only the basics that are available in real time, but also any analysis provided by the platform, such as charts and graphs. This means that there is never a risk that traders will be disadvantaged by out-dated data.

They Provide Easy Access to Your Account

Browser-based platforms are also much easier to access on the go. Rather than only being able to trade when you’re carrying technology that has the platform pre-downloaded, you can log in anywhere with just your username and password.

There is No Software to Download

One of the major benefits of this option is that there is no need to embark on the time-consuming process of downloading software, which always runs the risk of being incompatible with your systems. Web-based options also have the advantage of never requiring updates, thus avoiding lost time and lost trades.

What type of platform will you choose?

Image Credit: http://www.tradeviewforex.com/rhino-report/forex-trading-101


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