Friday, June 27, 2008

regulated forex brokers Facts

Learn Forex Currency Trading Online-Start To Profit Today


FOREX ? The Foreign Currency Market - is the hottest trading market in the world today. When you learn FOREX currency trading online, you open the door to incredible investment results as well as diversification for your portfolio.

You can easily see when you learn FOREX currency trading online that the FOREX has benefits that the stock market does not have. You can trade 24 hours a day, since the world currency market is always open somewhere. You can profit in up or down markets, since you do not have to wait for a downtick to trade short (or ?sell?). There are FOREX futures and options available as well, similar to options and future in the stock market.

One of the biggest advantages of FOREX is that you have leverage not available to you in the stock markets. Your trades take place at leverage of 1:100 to as high as 1:200. This means that with $100 you control 10,000 worth of currency ? with the resulting profits and losses. By taking steps to learn forex currency trading online, will see that you can make significant returns eve using day trading, since the leverage available lets you get in and out of the market on even small moves. Of course, this level of leverage also opens you up to losses equally fast, but if you learn forex currency trading online from a reputable course, such as Trading Universe, you will have all of the tools to trade this market with confidence.

FOREX being a worldwide market, the trading takes place online and your brokerage account, charting packages, tools and resources are all available at your fingertips. There are also FOREX trading courses online as well. By taking an online course that you can follow at your own pace, you will be able to go through the course at the same time you trade your free practice account to see the results as you learn. A course should offer a free practice account, along with complete lessons on how the market operates, trading signals you need to know, technical and fundamental analysis of the currency market, entry and pivot points, and money management techniques. You also want a course that has brokers available to answer questions and demonstrate the lessons. Not all courses are the same ? be sure to choose one to learn FOREX currency trading online that is complete, thorough, and gives you all the tools you need to make a profit in this exciting new market.

MF Calhoun trades FOREX and writes on FOREX market topics. Learn FOREX trading online with one of the most detailed courses available, at http://forextradingprograms.com/forex-trading-online-course.html



Why I Like forex trading price action support and resistance

Forex Trading - No-Touch Options


There is a saying that the person who makes the rules wins the game. Usually that's true. It's also true when it comes to exotic options in forex.

You have to remember that the forex brokers aren't stupid. The way they price the options and all that. They are setting you up to fail if you trade them. There are very complicated algorithms that compute how likely the price is to get to (or not to get to a certain level) by a certain time.

You are playing their game when trading options like that.

For example, if you're sure the price wouldn't touch 1.3212 and you get pricing on that option, you'll notices that if the broker agrees with you, your risk-to-reward ratio is terrible. If the risk-to-reward ratio is good, then definitely don't trade it. The broker thinks you're going to get slaughtered and is trying to bait you into trading it.

The people who make the rules win the game. Remember that.

It's much better to just take an outright position if you really have that strong of an opinion. Remember that no broker can manipulate the price of the currencies (at least not for very long).

Options are a trap. The broker thinks of you as a mouse. The option is really tasty cheese. It promises low cost, and a big pay-out. But it won't deliver. It's very similar to playing the lottery, but you're a trader, not a gambler.

Only take a trade if you have a edge.

Do you want to learn more about how I trade? I have just completed my brand new guide, "Forex Trading - What Finally Worked For Me".

Download it free here: Forex Trading

Nathan Pennington is a forex trader and the author of Winning Forex Trading -THE Definitive Guide