Forex has been hijacked by shoddy EA software, promises of easy riches and faux gurus that only exist on the internet. Where is the credibility? Where is the accountability?Most importantly, Who is actually out there to help traders build a strategy that creates more informed, knowledgeable and successful traders?Meet Financial Guest Analyst Bob Iaccino (CNBC, Bloomberg, Fox Business Channel) your guide to a disciplined, consistent...more
I received the following question from one of my list members today:"... you referred to the currency exchange cash market and the fact that this is basically a market between banks across countries. Does this mean that, for example, the EURO/USD exchange rate is set between the Federal Reserve and the ECB? Is that how a price is established without the benefit of any trading on any listed exchange anywhere else? Thanks for the...more
It is a very simple and at the same time a very complex question, simple in that you could define it as the exchange of one currency for another during a period of change in which the currency you made an exchange for either increases or decreases in value against the one you used to purchase it. Of course the value of currency doesn't change a whole lot (under 1% in a day typically) when compared to stocks, bonds, etc… So how do you make money by trading in Forex? That is where the complicated elements of defining it begin, and go on for a very long time.It all begins with leverage, if you were to take $1000.00 and invest it for a return of .0025% that would be a profit of $2.50. What this means is that you'd have to invest a whole lot more money to ever see any profit that really makes gluing your eyes to charts worth it. This is where leverage comes in. A recent regulation in the US stipulates leverage can only go as high as 50:1 (before the regulation it was limited only by the prerogative of the broker, but no longer), meaning that if you give your broker $1000.00 they add another $49,000.00 to it and so now if you see that .0025% profit your $2.50...more
Do People Make Money With Forex I'm sure many struggling traders must be really wondering if people are really making money trading forex? I know it must feel like it's impossible to make money trading forex when you are seeing loss after loss. But the truth is that there are people making money, albeit it's a small percentage. As a...more
My-Invest Forex Trading Company Investment in today's money market world is roughly divided into futures and commodities, various funds and stocks. The most classic and long lasting of these are stocks. Despite the old, reliable and trustworthy means of making money in the stock market the new fierce money making machine has emerged...more
Institutional Fx Trading Platforms Ever wonder why institutional traders - forex dealers, hedge funds, money managers, treasuries, and corporations - don't trade the foreign exchange market via the dealer's resident platform? Imagine for a moment that you are the coach of a football team and that the rules require you to signal the opposing coach every time your team is going to throw a forward pass. Is that a rule you could live with?Would it surprise you to discover that a similar rule applies when you trade the forex using a dealer's resident platform? Well, it does. Institutional Fx Trading Platforms As it stands today, when you trade with forex dealers via their resident trading platforms, you have no choice but to provide advanced notice of your intentions and this occurs every time a limit order is created or a submitted market order is accompanied by a standing stop loss or take profit order. The mere presence of these visible follow on orders on your dealer's server makes it easier for the dealer to trade against your position and/or collective/cumulative orders of others. An API (Application Programming Interface) driven trading platform denies the dealer...more
Forex Investment Fund Review Are you an investor looking to make some money in a new way? Have you previously been investing in the stock market and are you now thinking of switching to the foreign exchange? There is a big difference...more
Best Forex Investment Plan Contrary to what you may have read, there is no formula that is going to make you an instant millionaire. You can make things as likely as possible for you to succeed by formulating you own forex investment...more
Is Forex A Good Investment Forex trading or currency trading means purchasing and selling foreign currency on a market and it has caught the attention of many individuals. It is one of the most profitable internet income opportunities...more
Forex trading is one of the most viable options for someone who's looking at bigger possibilities, bigger profit and greater ease in trading and business. Because of it's high liquidity and speedy transactions, forex trading is becoming...more
Registration with a regulatory authorityRegulation of forex brokers is meant to protect the traders and is important for you. Registered brokers will therefore be monitored to verify complicity with set guidelines. As a trader you do...more
There are two factors that really determine whether an investor will risk capital or not: the potential for profit and the ability to liquidate the position should things start to head south. Real estate is a very stable investment...more