Author: Sutikno SlametForex (foreign exchange) refers to the foreign currency exchange market, the world’s largest financial trading market. Pass yourself as a forex expert with these buzz words:•Bid – to buy•Ask – to sell•Liquidity – financial ease of transaction, i.e. cash•Trading volume – the amount traded•Bid/ask spread – the difference between the proposed buying price and the actual selling price•OTC – over the...more
Author: Sutikno SlametThere are many benefits and advantages for trading currencies on the Foreign Exchange, better known as Forex.The Forex Exchange was established in 1971. This market grew at a steady rate throughout the 1970’s, but in the 1980’s Forex grew from trading $70 billion per day to over $1.5 trillion each day. There are many huge players in Forex, but it is accessible to the individual trader. Each lot traded is worth...more
Author: Sutikno SlametYou can develop into a better and more profitable trader by applying some of the more imperative forex currency trading rules consistently with an appropriate amount of discipline. There are few principles that can help to perk up your chances of success if they are understood, practiced, and implemented in your trading on a regular basis and these rules have been learned in the trenches, mostly through testing and scrutinizing the common mistakes nearly every trader makes when starting out in the forex currency trading business. The first step is to set up and apply specific goals and objectives. The majority of forex traders who often find themselves on the losing end of a trade make the same common and recurring mistakes. Most forex traders don't have a clear direction, never take the time to develop a sound business plan and lack a formal written strategy for putting a well thought out plan in place. In forex currency trading, the primary goal is clearly to make money, but it's important to have goals that are not strictly money related as well. Your personal objectives and ambitions should be very specific and measurable to you, but they should include...more
Author: Sutikno SlametWith the many FOREX currency systems available, you can in theory, simply turn your computer on and follow the signals to generate automatic profits.That’s the theory - but the fact is, there are many FOREX currency systems sold that are obvious scams, and the systems will never work.This article aims to give you tips on...more
According to estimates, the foreign exchange market trades currencies that amount up to trillions per day. The nature of the market, its flexibility, high liquidation, and cost-effective practices makes it one of the most popular and preferred trading schemes. It is not surprising that many people would like to test their luck in currency trading....more
In the past, the foreign exchange market or Forex was closed to the average investor hoping to turn a profit. It was purely the domain of the rich and the players were limited to international corporations, central banks, or people with huge amounts of money. However, the Internet has once again proven its use as a champion for the average man. Through the internet, anyone can buy or sell currencies though online brokerage houses, all in the comfort of their own homes. For those who are interested in joining the exciting world of currency trading, getting Forex tutorials online will help them the most. These online tutorials offer information in a concise, easy to understand way that is perfect for people who want to learn all about Forex in as little time as possible. However, the question is, how does one find a good Forex tutorial? How can one tell if a tutorial is bogus or not? Type "online Forex tutorials" on any search engine and one would be flooded with results offering the best online tutorial, seminar, and more. It is important to distinguish the difference between a Forex tutorial and a seminar. Basically, in a tutorial, there is much interaction going on between the...more
Author: Sutikno SlametYou sell your money to the bank (or other) and it allocates some interest payments to your savings account from its profits. Have you seen a Bank's profits?What do Banks do with your money? Well, they accumulate many small...more
Author: Sutikno SlametForegin Exchange is one of the most popular investing markets, and with a proper understanding of the markets and factors influencing it it is possible to enjoy great success in terms of returns. A case study which highlights...more
Author: Forex Robot Arena Finding The Best Forex Robot A forex robot is a computer software program which helps a forex trader by automatically executing trades in the forex market. Even unsupervised, forex robot software scans the market for long...more
Author: Clifford McHanterAre you ready too learning how it is possible to begin in the achieving of financial independence through joining an online network marketing opportunity? This a simple yet very important question to some one that may come...more
As you search for state taxes related information or other information about free online tax filing or federal income taxes, take your time to view the below article. It will provide you with a really refreshing insight into the state taxes...more
Author: Burt MorenoFar too many new traders try to learn forex trading using some of the free and easy tips and hints available on the internet. While this can be a good way to get an understanding of the basics, it's not always the right way to...more