Tuesday, September 30, 2008

Currency Exchange Forward Transaction Trick | ForexGen

ForexGen risk management office has the right to estimate the risk scope and calculate the remaining funds to be paid out to the Customer after suspension. ForexGen has the sole right to cover its losses caused by the over mentioned activities prior to the suspension.

Currency Exchange Forward Transaction Trick: A trick with currency exchange, and it is one that the high street banks will not mention unless you represent a big corporate client, is to buy the Euros “forward”.

With a forward transaction you can fix an exchange rate now for settlement in a few months’ time. Better still, the only payment that needs to be made up front is a percentage deposit so you don’t need to raid the piggy bank, yet.


Currency Trading - Making Money | ForexGen

ForexGen at any time, in its sole discretion, may limit the number of positions which Customer may maintain or acquire through ForexGen, and is under no obligation to effect any transaction for Customer’s accounts which would create positions in excess of the limit which ForexGen has set. Customer agrees not to exceed the position limits established for any contract market, whether acting alone or with others, and to promptly advise ForexGen if Customer is required to file any reports on positions.

Currency Trading - Making Money: While on the surface of it currency exchange looks relatively simple, few people master it and make money. The facts are that 95% of traders who try to learn currency exchange and make a profit – fail.

Currency trading is very much an art and not a science. You can’t be right all the time and you cant predict prices in advance but you can trade the odds and if you do this correctly, you can make a lot of money.

Forex Market Exit Point Market Signals | ForexGen

ForexGen Advanced trading tools are at the client's reach, providing modified up to minute news, ForexGen supports reporting each day & each week plus alerts of the real time trade.

Forex Market Exit Point Market Signals: One of the major reasons for failure of many Forex (FX) traders is that they blindly follow the trading strategies of market leaders and attempt to replicate their actions. This is absolutely a wrong approach and should be resurrected as soon as possible. When you ask a novice Forex trader their strategy, they will immediately inform you about an indicators or a moving average they attempt to make trades based on. But to their surprise, it is hardly a strategy, but an entry point or exit point.

The majority of the experienced traders will agree on one fact, which is a sound trading tactic must take into consideration various factors such as risk control, money management, stop losses as well as an entry point and an exit point. They will also advise you that your approach must be built around your individualized trading style, your specific personality, your risk-taking management skills and your risk tolerance levels.

A successful trading policy is able to adjust to multiple situations each trader faces daily. You can’t simply adhere to a particular strategy but adapt compound approaches with are adaptable to the circumstance in that precise market. As the Forex market is highly volatile, you need to have more than one of strategies in your armory to deal with the circumstances productively. Blindly following what other traders did in the past is surely no guarantee that the results will match their past achievements.

The single most effective method presently being employed is a combination of trend analysis, engagement of signals, capital management and risk avoidance. Utilizing this technique the trader has technical data informing them of a direction a particular currency has been moving and receives market signals when the trend line is increasing or decreasing. This approach to trading the foreign currency markets has been particular beneficial to the beginning trader due to the fact their risk level is reduced significantly and the profits they are attempting to accrue are already in an established pattern.

Making Money Online and Forex Currency Trading | ForexGen


At ForexGen filling the orders is instantly and accurate without difference between the quoted price and the execution price. In addition, ForexGen Provide Stops and limits have no slippage. Generally we assure and guarantee that under all situations except the most unexpected volatile condition.
There is a way to make money online for every different type of person under the sun, one of which is a currency trading investment vehicle known as Forex. Learn about Forex. Forex is gaining popularity as a means of generating money

Forex Funnel - Automated Forex Trading System Robot

ForexGen is providing an Executable Quotes which appears directly once the trader click the current bid or offer in the Forex trading platform. The orders aren't checked manually to prevent undesired price quoting. The bid/ask spreads (2 to 3 pips in the major currency pairs) are most of the time stable, and never freeze the prices in any situation in ForexGen.

Forex Funnel - Automated Forex Trading System Robot: Forex Funnel Review Article. I have recently started dabbling in the Forex markets. To begin with I had no idea what Forex was (If you’re thinking “I know how you feel”, then listen up. Forex trading is just like the stock market, but instead of stocks it’s currencies. On a daily basis, currencies either grow stronger or weaker, based on this people then buy and sell them, approximately three trillion dollars worth!), however I quickly immersed myself into the Forex world and dived in with a MetaTrader 4 account in “demo mode”, which turned out to be just the beginning.

I realized very quickly that to be successful in this game, a business degree, a marketing qualification and an excellent grasp of mathematics would be necessary. The combination of these three skills would allow anyone to take substantial shares from this massive pot of cash. To take this one step further, traders who have been in this market for many years, have teamed up with other financial tycoons, computer programmers, and mathematicians to develop automated systems that actually mine the markets and collect data which is processed and produces profitable spreads on what to buy or sell at any given moment in time. Most people will know all this but I want the newbie’s to understand what’s going on.

So I did a quite a bit of research on the various forex trading robots already out there in the market. If you’re familiar with the industry, you may have heard of the forex killer, raptor, forex autopilot, assassin, 10 minute wealth, and many others. These products were all created for one reason, to mine the markets on autopilot and bring home big profits.

The truth is that the Forex markets are crammed with brokers, indicators, personal EA’s, fixers, consultants and specialists (proclaimed). When dealing with these people it opens up a whole can of worms of things that can affect your profits, such as; human error, flaw, corruption, morals, good faith, human intervention, terms of service, risk factors, to name but a few. Now, with these expert advisors that are fully automated, you remove all of the above problems, except of course for the risk factor, which unfortunately can never be shaken off. Still, it wouldn’t be much fun if there were no risk.

I myself didn’t spend enough time with all the EA’s to make my million overnight but I will say that the back tests, forward tests, demo accounts and results definitely put a smile on my face!

So there you have it, most of these EA’s are called Forex Tracer Automated Robot tools for a reason, because they are human made autopilot tools that reel off profitable spreads, and literally funnel money into your forex trading account.

Remember what we first covered in this article, one might want to consider acquiring a business degree, a solid understanding of advanced maths and embark on a marketing course. Of course if you’ve already got these skills in your arsenal then you might just be the next Warren Buffett, just forex style! It certainly beats having to trust some trading ‘firm’ or broker with your money, that I’m sure of. And it beats trying to do it yourself because if you’re new to this game, you’ll soon realize how many more levels you need to look through, to find that pot of gold.

Tuesday, September 23, 2008

Goals Plus Motivation Equals Trading Success | ForexGen


The link between our reality today and our goals for tomorrow is motivation. Motivating ourselves to do what needs to be done and to stick to a realistic timeframe for completion of these goals is the main ingredient in a successful venture. Often we have wants, desires, and dreams but lack the motivation to get down to the nitty gritty in order to turn our desires into tomorrow’’s reality. There are no shortcuts, just determined effort and basic hard work.

Setting goals can increase our level of motivation. Goals can help us create our own personal milestones that help us grab the daily bread, so to speak, and get our hands dirty with effort. When we set a goal, or a series of goals, we should be mindful to make them realistically doable, keep them on task and targeted, and use their completion as a yardstick in which to measure our progress and success.

Setting goals that are unreachable can be highly counter productive. After all, if we can”t enjoy the process of checking something off of our list or closing the page on a chapter we”ve completed, we just run ourselves into the ground with repeated effort and no enjoyment. Eventually, the inability to reach even one milestone creates dissention, and the average individual gives up and moves on.

Perhaps you are on the other side of the tracks and you like to set goals that are so reachable that your day is done in ten minutes. It feels good to check off our daily tasks and wind up with free time. Of course, we can make our goals so attainable that we are no longer moving forward with any real momentum. Often, we know this and are feeling the void of a true accomplishment when we set goals that are too easily reached.

Striking a balance between the two, finding which time frames motivate you the best might take a little trial and error. If you need ten little goals in order to reach the first big goal just so you can check them off your list, so be it. Just be aware that the first ten are micro goals and that your day is not complete until you reach the end game.

Using goals to motivate your successful trading days is done in the same manner that you reach other goals in life. First and foremost, write them down. If you have to, write them down every morning and check things off as you accomplish the tasks that reach the goals. Creating realistic and reachable daily goals is the ladder you build toward your monthly goal. When trading, you want to make sure you aren”t trying to live out a fantasy, such as turning chump change into the “big win.”

It is a proven fact that adults, teens, and children alike learn new skills better when the pressure applied to the task is moderated. For you, learning to trade and learning skills that will turn you into the top notch day trader you are looking to become, moderate pressure doesn”t mean trying to live up to the expectations of big wins and dream trades. Small trades learned over time will allow you to evaluate your progress without the threat of financial ruin. No one can perform well all the time under that sort of pressure.

Keep a realistic view of day trading, and don”t expect to be rolling in big trades with huge profits in just a few months, no matter what any introductory course may try to sell you on. Long term seasoned and well planned trades lead to financial success. Short term boost trades lead to a little extra spending cash on occasion, but not an overall freedom of financial wealth. By maintaining your education goals, your trading goals, and your ability to trade in moderation while you learn the ropes, you can eventually succeed into the land of financial freedom. Of course, this takes time, practice, and an honest assessment of your trading skill set.

ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.

Day Trading Forex Currency - How to Eliminate Your Fears | ForexGen


More money is lost because of emotions in day trading Forex currency than because of the unpredictable nature of the markets. You see it all the time. It costs you every time you hesitate to pull the trigger. Each time you stay in a trade too long and miss taking the profits off the table, you simply hand your capital to the markets. In each instance that you exit a winner early and miss the run is another indicator of the high cost of emotions.

“Once bitten, twice shy.” is experienced often in day trading Forex currency. The source of many emotional problems in day trading Forex currency is fear. There’’s the fear that you”ll get bitten again, because it’’s happened before. Exiting your trade too early, hesitating, staying in a trade too long all come from that fear.

Many feelings can influence your decision-making also, like hope, guilt, confusion, pride, anger, greed, despair, shame, anxiety, and a many other emotions. One of the biggies is revenge. Often when you take a regrettable loss that has you licking your financial wounds, there is a part of you that wants revenge. You want to get back at the markets and take back your money. It’’s only human to experience this.

One of the problems is that day trading Forex currency is an activity that in many respects runs counter to our nature and everything that we”ve learned growing up. In trading, emotions tend to work against you, in their function as part of your survival mechanism. It is un-natural for humans to step into a potentially high-risk circumstance, get hurt (lose money) a significant portion of the time, just accept it, and then ask for more. Self-preservation is our natural response. In day trading Forex currency, you”re trying to deal with the unknown nature of the markets, in addition to trying to assimilate a huge body of knowledge along the way..

Now, getting your emotions under control, or at least to the point that they don”t interfere with your decision-making and to act promptly at the right time can”t just be willed into being. Trying to ”force” things only works temporarily if it works at all.

The discipline to act decively will become easy as confidence replaces your fears. But again, you can”t force it. You have to develop a specific skill set, including a critical one called Emotional Intelligence - as a trader.

Because most have never participated in anything like trading, it is completely new and subsequently very challenging. In any occupation, to be good at it and have the confidence you need, and like all new experiences, you have to develop the skills for day trading Forex currency. Usually when you start a new job, your employer will train you. The company wants you to do well, so they make sure that you have the skills you”ll need. For most traders though, they never get that chance. The toughest way to learn any occupation is to be self-trained and by simply being thrown to the wolves, and this is particularly true in day trading Forex currency.

”Trading Psychology” books have been just about the only help for traders, but most of these were written by Psychologists and not traders. Emotional Intelligence is not a concept though, it is an ability and a skill. Reading only gives you knowledge. Skills come through actions. Your paradigms shift and your skills grow not through acquiring new knowledge, but through experience.

Until now, there has been little in the way of specific training on how to become a successful trader. The trading system gets at least 90% of the focus with most training that is currently available, not how to develop your Emotional Intelligence as a trader. Real trader training is now available through the Trading P.I.T. Club by Inside Out Trading. The training consists of 26 weekly lessons specifically designed to eliminate your fears and give you the confidence you need to trade well, without the emotional influences that can be so costly in day trading Forex currency.

Why ForexGen?

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.

Forex Robot Showdown - Doubling Stocks vs Forex AutoPilot System vs Forex Easy Cash | ForexGen


It seems the flood of forex robots being released currently is never ending. Specifically if you are new to currency trading, it can be very difficult to decide which forex robot is going to deliver results. For this article we are going to look into Doubling Stocks, Forex AutoPilot System and Forex Easy Cash which have proven to be 3 of the more popular products.

A forex robot is basically software or a web based platform which allows users to automate their currency trading. Essentially the technology bases trades on statistical information an real time algorithms to decide when is the most profitable time to enter and exit a trade.

The first thing to look at with any currency trading product is trust. There are a high amount of scams out there, and you need to be sure that you are purchasing a quality product. Doubling Stocks has been seen and reviewed on ”interactive investor”, ”Business Week Online” and ”Entrepreneur.com”. Forex AutoPilot System has received a little more exposure and has been seen on ”NBC”, ”CBS News”, ”Business Week”, ”Entrepreneur Startups” and ”Entrepreneur Young Millionaires”. Forex Easy Cash has received minimal exposure in comparison. I guess the creator did not have the marketing budget. Research is key and you want to make sure the proof and reputation is there before you purchase- although both products come with an unconditional 8 week money back guarantee.

In terms of functionality I have been testing all products out in tandem, and the results have been varied. The main distinction is that Doubling Stocks is essentially a subscription to a forex robot service. You basically receive predictions via email, which you then can trade manually. FAPS on the other hand is software which allows you to automate your trading in real time. Forex AutoPilot System hinges on the Fibonacci Formula which is the most efficient way to predict when to enter and exit a trade for maximum profit and minimum risk. Forex Easy Cash is also a client based piece of software which automatically creates its on signals in order to enter and exit trades for you. I personally found Forex Easy Cash to be less user friendly, and the results have left a little to be desired.

The bottom line is either Doubling Stocks or Forex AutoPilot System will provide an automated method of currency trading. Forex Easy cash on the other hand leaves a little to be desired. Personally I feel Doubling Stocks is better suited to users with some level of experience in currency trading, whereas Forex AutoPilot System is ideal for users of all experience.

Conclusion

If you are looking for a forex robot, you need to be wary of scam products. Always seek testimonials and some form of money back guarantee. Whether you choose Doubling Stocks, Forex AutoPilot System or Forex Easy Cash it is important to realise that you need some capital to achieve leverage, and get the most out of these programs. Ideally $500-$1000US is a good starting point. Finally it is important to understand that a forex robot is not foolproof, and it is always advisable to have some basic understanding of currency trading before you begin.

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as
many Demo accounts , and Live accounts as you need. All accounts can be created online and
managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and
No Dealing Desk accounts in one Profile. Instant Approval.

An Introduction to the Forex Markets | ForexGen


The Forex market is known to be a very lucrative market, with trillions of dollars exchanged daily. The forex market is known as an international exchange currency market, where currencies are exchanged on a daily basis. Or are you a trader who is looking for other markets to play around with? Well hopefully, we will give you an introduction to the Forex markets that will accommodate both your needs and inform you of the basic concepts and issues that intertwine with the world’’s currency exchange market.

While these Forex traders know their market, it’’s simply not possible to understand and stay in touch with everything that occurs in all the types of investment vehicles and markets across the world. Did you know that the forex (foreign exchange) market is 30 times larger then all other US markets combined. As you start analyzing forex charts you will realize that the market often displays some very familiar patterns of price movement, that are known as trends; and you will notice that once a pattern is established, it becomes the most probable course of future price action until the market changes.

As always in Forex, your main trading objective is to get into profitable trades most of the time and a trending market is the perfect situation to find this profitable trades by riding the trends until you make your target profit objective of the day. As you fill find mentioned in any article about forex, the key difference between technical analysis in the equities market, and technical analysis in the Forex currency trading market, is the fact that it is possible to participate in Forex trading 24 hours a day, seven days a week. However it should be accepted that forex currency trading could also be a very risky investment as the market can swing both in an upward and downward movement in a split second depending on the market conditions.

All that can be said is that it does offer an alternative method of currency trading but should still be ventured into with predetermined loss limits and careful study of the currency market. You”re probably thinking that demo accounts are worthless since they don”t mimic live trading very accurately, but in the case of currency trading the forex, you would be wrong. There are a number of workshops available that are ideal if you”re new to the Forex market and have some experience trading stocks or other products.

There are a bunch of benefits that make the Forex market a far superior investing and/or trading vehicle than any other financial instrument in the world. For the Forex trader it is simply a question of deciding in which direction the market is likely to move and then deciding upon a payoff should the market move as he expects within a given time frame. There is another situation in which stop hunters try to move the market toward a group of stops in the hope that triggering the stops will push the market further in the same direction, thus triggering even more stops and so forth in a snowball effect.

ForexGen is complying with all applicable international laws and all financial regulations and procedures governing its industry in order to sustain the security standards in the financial services world.

Thursday, September 11, 2008

ForexGen | Forex Indicators




ForexGen Customer Indicators Exxon Mobil its competitor Chevron - on 3,52 % became cheaper on 2,41 %. Hypothec agencies have finished again day in a minus. Download ForexGen Platform Fannie Mae has lost 12,3 % of the cost, Freddie Mac -Forex Gen Broker 7,99 %. The greatest falling among 10 branches entering into index S&P 500, was observed among commercial finance companies which have in aggregate given on 4,7 %.


Forex Gen Broker Significant losses were suffered by company Legg Mason attending to assets management, ForexGen Services and also consultation.


Partnerships With Forex Gen Its shares have lost 10,07 % of cost. Lehman Brothers has lowered the forecast of profit of the largest operator of credit cards in the USA - companies American Express - for 2009 because of growth of number of defaults. In result, ForexGen Institutional Tools shares American Express have fallen 5,28 %. Itself Lehman Brothers has lost 10,50 % of the capitalization.


Open Demo Account JPMorgan Chase became cheaper on 4,53 %, Bank of America - on 7,16 %, Merrill Lynch - on 7,48 %

Tuesday, September 2, 2008

No Maintenance Margin Policy With ForxGen


ForexGen "no maintenance margin policy" means that our clients' positions can reach and go below the margin requirements without ForexGen close their opening positions. Throughout the week your positions may fluctuate and ForexGen will take no action. We only require you to respect the margin requirements by Friday 23:00 GMT and before holidays.

"No maintenance margin policy" means if your positions go below the margin requirements, we don't close your account or even give you margin calls. However, if you approach the level where the loss of your open positions approaches the balance of your account, you will be stopped out and your positions will be closed. Stop positions will be executed when there is only around 5% equity of the required margin left in your account. Offering "no maintenance margin policy" to our clients gives more flexibility and confidence to our clients, as they can decide for themselves when they want a position to be closed. Sometimes if the price is going against you, many of our competitors would close the position if it goes below the required margin - even if the price bounces back the next moment. We give the client complete control over his positions.


for more informations: www.ForexGen.com