Tuesday, October 23, 2007

Grow your Internet Business with Pay Per Click Search Engine

by: Arthur
By © Arthur, The Online Internet Home Business Opportunity As you probably know, Google is the world largest search engine serving around 200 million requests of information a day at the time of writing this article. With such a large users based, no wonder many internet businesses are currently making use of Google Adwords ( to GROW their internet business. With a small activation fees of US$5.00, you can start getting high quality traffics to your website. Bidding for Adwords start from a range of US$0.05 - US$100 However, it doesn't mean that you should rush into Google Adwords without any proper plans. First determined which MARKETS are you TARGETING and how you want to market your products or services. For e.g. if you are selling an affiliate product, first find out information like: - is it a global products/services that is available and delivered for every country - the Language of the Target market - which countries are internet savvy and more likely to buy your products/services - is there any payment restriction for e.g. clickbank and paypal both have their countries restriction where payment will not be accepted. You will be wasting your money if you include those countries in Google Adwords. Next, with the above information collected, you can start to write out your Adwords bidding strategy. You will burn a hole in your pocket if you just bid for two keywords like [home business]. To lower your cost per click, try bidding for a combination of words. For example: - based business home home make money online work - make money at home easy home business - business earn home make money money online work Bidding for adwords required research, trail and error. Normally, PPC like Google Adwords will have a keywords research tools which allows you to research common search words. Try to think of as many different combination of words that you think you'll used to search for a home business opportunity. Also, you can asked your family members or friends what word will they used if they were searching for a home business opportunity. With the bidding plan in place, you should now think about how you can capture as many email address as you can when the visitors click through to your website. The COST per click is already there and normally, it take a human 7 days to consider before they take any buying actions. Many PPC Marketers will have either a free ezine or short marketing course with an autoresponder to capture their web visitors email address so that they can follow-up with them. Finally, monitor your Sales Conversion result for each PPC promotions and check whether are you targeting the correct markets with those keywords which you have bid. If you plan wisely before embarking your PPC promotion, you can actually maximize your Income against your cost. Wishing you success in using PPC promotion for your Internet Business.
About the author:Copyright @ Arthur a Legitimate Internet Home Businesss Opportunity in a Large and Well-established company with the RIGHT support system is VERY important in building a Profitable Work At Home Business.

You too can make money online

by: Tom Higgins
Have you ever wished that you could make money online from the comfort of your home? Are you confused about all the schemes that are promoted as valid ways to make money? Are you unsure if it is really possible to earn a substantial income online? The truth is that you can certainly make money online. But it is equally true that it is not "easy" and just like with anything else worthwhile, it will require work. And this is so even if you already know what you are doing. If you are new to the internet, or to internet marketing, there will be some things to learn. So where does one start? It is a good idea to become familiar with the various ways to make money online. You see them promoted all the time. Some of the ways that are heavily promoted include working at home with an online based job, selling on eBay, making a website, promoting affiliate programs or writing information products (ebooks). People can and do make money using these strategies. The next step would be to determine what you would like to do. Do you like to sell? Do you like to write? Are you creative? What skills do you have right now that could be applied to an internet based career? One way to begin is to consider becoming familiar with affiliate programs and the world of affiliate marketing. Affiliate programs pay people to sell products and services for a company. You simply promote the affiliate program, getting potential customers to your "link", with the goal that they make a purchase. One way to promote affiliate programs is through creating a website and then promoting the website. If you learn how to do this you will learn many valuable skills that could be applied to many ways of making money. Making a website to promote affiliate programs will require you to learn about affiliate programs, html and website templates, internet marketing and search engine optimization. This may sound daunting, but if taken slowly, you can learn how to do this. The reward can be very great. About the author:For more information about affiliate programs and other ways of making money online, visit

Making Money Online With Affiliate Programs

by: Tom Worsley
If you are like most work from home internet business owners you want your web site to be making you as much money as possible. The choice of affiliate programs that you choose to promote on your web site will determine how much money you actually make, and the options to you are endless. There are so many affiliate programs on the internet promoting almost everything imaginable its mind boggling. Of coarse there is one major key to success. Stay relevant to your main web sites theme or subject matter. If for example you own a sports related web site and you add cosmetic and make up ads to it, chances are you are not going to do well. But if you put ads for health and fitness supplements on your sports oriented web site you may interest a few people into buying those products earning you a commission. So if you have a work from home website were do you find good affiliate programs to join in order to earn commissions? One of my top paying affiliate programs is Strong Future International. (SFI) Some of you no doubt have heard of SFI since thy have been around for quite a few years now And I have been an affiliate since November 1999. SFI products include everything from books magazines and business building tools to multivitamin supplements and all natural household cleaners. All can be promoted on your web site in order to earn commissions and make money online with your web site. My next big commission generator is ClickBank. ClickBank is actually a directory of affiliate programs. People join ClickBank in order to promote their products online. Once they are in the ClickBank data base webmasters like you and me who are looking for good content and commissions from our web sites can join their affiliate programs and start earning money from sales generated. If you own a work from home site take a look at some of the products at the following web page CLICK HERE. OH and did I mention ClickBank sends out commission checks very 2 weeks! Affiliate Fuel pays both for leads and products sold, meaning you can actually earn commissions simply by referring people to a specific site. All the person has to do is click on a link that you place on your website which is directed to a page with a form to fill out. The person fills out the form requesting more info and bingo you are credited with the referral and awarded a commission. Websponsors is another affiliate program much the same as Affiliate Fuel. These cost per action affiliate programs are great for adding revenue to your bottom line through your web site. Last but not least Google ad sense has become so popular among webmasters you can see their ads on every other web site that you visit. With google you put ads on your site and you are actually paid every time someone clicks on those ads. In one month last August I made over $500 from Google ad sense alone. Of coarse none of the above mentioned affiliate programs will make you a single dime unless your site is generating significant targeted traffic. But if you are already generating good quality targeted traffic to your site give them a try. You will be surprised at just how easy it is to make money online with affiliate programs. For more info on all the above affiliate programs and how to join CLICK HERE. About the author:
Tom Worsley is a successful work from home Internet marketer and independent representative for Strong Future International (SFI), Owner and Webmaster for This article may be re-published on your site or in your newsletter as long as this resource box is included.

Money Can Still be Made on the Internet

by: Marsh Uele
Copyright 2005 Marsh UeleEven though the days of an IPO generating millions of dollars are gone, money can still be made on the Internet. How can you make money online?One way to make money online is to become an affiliate on someone else's website. The more traffic a site generates, the more product is sold - and the easier it becomes for everyone to make money online. It's vital then for websites to have as many links to their site as possible, increasing their product's visibility, and you can make money online by simply having a link to their site on your site and receiving sales commissions. Your responsibility is simply to get as much traffic to your site as possible. This is perhaps the easiest way to make money online.Another way to make money online is through e-commerce. If you have a product, make money online by selling it online. In order to make money online by selling a product, you must be able to deliver quickly. In the online world, you must be able to accept credit card payments through a secured site. A third option to make money online is through advertising. You can make money online by selling advertising space on your website. The advertiser gives you a banner ad that you place on your website and then you make money online whenever someone clicks through to the advertiser. If you have a website that generates a lot of traffic, you can also make money online by charging a fee for advertising space.Many websites claim that you can make money online quickly by completing online surveys. Be cautious, though, about anyone claiming that you can make gobs of money online through surveys. Don't pay for survey lists. Do it yourself and make money online instead of spending money online.About the author:Marsh Uele is the editor of http://www.homebizsucces.comEverything you need to make money online from home including opportunities, tips, ideas and resources visit

Make Money Online Using Keyword Articles

by: Paul Jesse
Copyright 2005 Paul JesseRouting traffic to your web page is incredibly important in order to make money online. However, you probably have noticed that getting your web page noticed and returned as a high ranking result from the search engines is difficult. However, to make money online, there are a couple of tips you can use that will help you increase the traffic to your page.First, you will need to do a little research to see where your page ranks in a variety of different search engines. When you know this information, you will be able to take action and become better than your competitors whose pages are being returned as higher relevant results. In order to make money online, no matter where you rank in the results, if it is less than number one you have some work to do. So, take a look at all the web pages that are ranked higher than yours and see what these pages have that yours does not. Evaluating your competition will help your Web page become stronger and more competitive, something that is important to your bottom line.You need to do this kind of research for all the different keywords that pertain most to your Web page and that people search for the most often. You want your web page to rank high in the results for a number of keywords, so be diligent about researching what is other web pages are doing and what you can do to make your page be returned higher in the results.One great way to improve your web page listing for a variety of keywords and phrases is to use keyword articles on your web page. This will allow you to provide useful information for web surfers as well as include keywords that will help your page get noticed.When it comes to keyword articles, it is not difficult to write them or have them written. First, you need to have a list of the most popular keywords and phrases people search for, and then write articles that include useful information that states the exact keyword phrase multiple times. When someone searches for that particular term, your page will be returned as a high result as long as you are outdoingyour competition. However, when it comes to outdoing your competition regarding keywords and search engine results, make sure you are providing relevant, useful and pertinent information. If you are doing that, when people get to your page they will be more likely to stay.Finally, if the keyword articles get your web page ranked higher in search engine results as they should, do not feel as if they will stay that way. There is more competition on the Web every day, which means you will have to be diligent about continuously tracking your competition, what they are doing, and where your web page ranks in the search engine results. You may have to make changes according to your competition, but this is part of business.About the author:Paul Jesse is a retired government employee and author of numerous home business articles. It you are interested in starting a Internet home business visit:.

Make Money Online - Latest Scam Disclosed

by: Bordu Silviu
Before we start, I want to make it clear that this article is about scammers that affect people who make money online by selling digital products, like e-books, software, etc. and have a refund policy, because we have a rather long way until the end and, if you are selling physical product or you money online through affiliate programs that don't involve a refund policy it's probably just a waste of time. In this article, I'll talk about the "refund policy scammers". Lately, more and more people started to talk about them on forums and came out with different solutions, which we will discuss in the second part of the article, "Make Money Online - Defend Against The Latest Scam". "Refund policy" scammers, as I stated in the beginning, affect the people that make money online by selling digital products (software, e-books for eg.). Now, you're probably wondering what's their "modus operandi". Well, it's very simple. They just find websites that sell digital products and have a 100% money back guarantee, buy the product and then they tell you they want a refund because of crappy reasons, sometimes even impossible ones (they ask for a refund only minutes after they bought the product), but in the same time they keep the products. More and more people who make money online with this kind of websites are complaining about these incredibly immoral scammers. You will find posts like: "I received this e-mail just one minute after they bought my e-book: "I am really disappointed about your e-book, I read it and it doesn't say anything new for me. Please give me a refund." And my e-book contains 80+ pages", "I am sorry but your script doesn't show me any results. Please give me a refund." I received this e-mail just one day after he bought and my script usually show results after about 30 days " Now, you're wondering: "Does this affect my make money online business?". You bet it does. Some time ago, it wasn't such a big problem, because only few people did it. But, nowadays, more and more people are complaining about these scammers, indicating that this refund policy "virus" is spreading quite rapidly. Today, we can even talk about professional refund policy scammers, who put up lists of products worth thousands of dollars and do "their thing". And this is nothing. Some of these scammers have an incredible nerve. not only that they scam you, but then, they start selling your products claiming it's heir own (this happened with simple products like e-books and scripts) which is a major problem for your make money online business. Now, you're probably asking yourself: "Can I make money online by selling products and, in the same time, keep this scammers away?". Well, there are several solutions, but not without consequences. The obvious solution is to get rid of the refund policy, but this will probably decrease your conversion rate. We will discuss this and some other solutions in the next part of this article. Stay tuned, we're half way there.
About the author:Online Internet Marketing & Home Business Resource Center http://www.partnersinsuccess.netMake money at home with our unique money making opportunities.

Make Money Online and Live Life to the Fullest

by: Benjamin Scott
Copyright 2005 Benjamin ScottMany people today feel they are trudging to work every day to a dead end job. These people often feel like hamsters in a wheel, running the same paces over and over and never really going anywhere. So many people have hopes and aspirations outside of their cubicles, but they seldom have the chance to explore these avenues because work and family commitments clash to severely leave any extra time for themselves. What is the answer to the monotony and the frustration? Make money online and live your life to the fullest. When you make money online, you do not have to be sitting at your computer every second of every day. You do not need to hold your web page's hand to see it achieve ultimate financial success. You simply need to make a few effective decisions, and your computer could be making money for you.You can make money online in many ways. Do you have a great product? Sell it online. Set up a web page detailing your product, and advertise to as many people as you can by placing it on the Internet, the world's fastest growing market place. Do you have great flair for marketing but lack a good product? That is okay, too. Companies exist that work in reselling rights to property - both product and ideas - that you can buy and then sell. They have the product, and you can do the marketing. Do you want a second income to ensure success even on days when you can't be handling hands-on marketing? Join an affiliate program. These programs provide the means to make money online every minute your web page is online, even while you sleep soundly. When you join an affiliate program, yo will put the affiliate's banner on your web site, and they will pay you every time someone goes to their site from your link. You do nothing and make money!Making money online is not scary. Making money online is not hard. Making money online is smart. The opportunities exist for businesses willing to get out there and try. Take the leap into the technological age and make money online. You will find you are among a growing community of individuals who have chosen to be their own boss and achieve their own goals. Forums and pages designed to support Internet business owners provide insight and continual connections to the fast paced changes always occurring in the industry. You are never alone in the Internet industry business because you are among some of the most motivated and effective business people in the industry. Check out your options today. Why go to an awful job and be frustrated all day when you could make money online?About the author:Benjamin Scott operates a successful internet business working from his home personal computer. Ben will take you by the hand and show you how to duplicate his success using the internet as a roadmap to financial freedom. Subscribe to his free e-business and marketing tips newsletter at

Make Money at Home - Learn the Secrets Before Starting...

by: Michael A Fowler, M.B.A.
To a lot of people, network Marketing seems an arduous task. But it doesn't have to be that way. Networking can be very rewarding and you can have fun while learning how to make money at home. Advertising can be accomplished in many different ways. Car stickers to sign posts and beer mats have been used consistently. Business cards coveniently placed in Hotels, Taxi Ranks, Airport departure lounges and hundreds of other suitable venues have produced good results. Making money online doesn't have to be pursued online. To make money on the Internet, you just have to communicate through all the known mediums available. Be proud of what you represent and make sure that others know you are proud of your business. If you aren't proud of it, then go find something else that you can be proud of representing. You do not need a highly priced business to make money on the internet. In fact, the lower the price, the more interest your business will receive. Now this is where people go astray ... Network Marketing is about leverage. It is not about signing up thousands of people in your first week. It's about finding just a few people who find a few people ... and so on. Remember, the drop out rate for highly priced businesses are substantially more than for the lower priced options. Affordability is a key factor in retaining your associates and your associates are the key factors that allow you to make money at home. Looking after, supporting and mentoring those associates should be your prime purpose in life. They are the people who will ensure your success. In some businesses, you will not find any support whatsoever. Those are the ones to avoid. Also take a look and see if there is a good marketing system in place. If there isn't, you could run up a sizeable bill in marketing your business with external resources. Remember, the whole point in starting and maintaining your business is to make money, not to spend it on resources that should have come with the business model. While automation plays a part in todays marketing environment, it is the personal touches that make the sale. That follow up phone call to say hello, makes a whole lot of difference between success and failure. To make money online, you have to communicate with those who have taken an interest in your business and you have to assure them that you are the person they need as a sponsor. Are you that dependable person? About the author:Michael A Fowler, M.B.A. is the editor of the Internet's premier work at home resource: Work from Home Journal. An Online Trainer, Mentor and Coach, Michael has been helping people to succeed online since 1998.

“Make Money At Home” - By Michael A Fowler, M.B.A.

by: Michael A Fowler, M.B.A.
All across the Internet can be heard... The tooting of the marketing bird... “Make money at home...” Is his hue and cry... While we hang the others out to dry, “You can succeed; we’ll show you how...” That’s my Guarantee... My solemn vow... “Just get in quick... Forget the rest...” This business is the very best... “Make money on the Inter-net... ” Take care of your family and your pet... “You’ll make millions within a week...” Hear me now... no lies I speak... “Make money online...” No better way... “To make money, night and day...” “Just think about all those vacations...” Visiting strange tribes and nations... “No more working 9 till 5...” Like a Bee stuck in a hive... “The Internet is the easy way...” To earn more money, every day. About the author:Michael A Fowler, M.B.A. is the editor of the Internet's premier work at home resource: Work from Home Journal. An Online Trainer, Mentor and Coach, Michael has been helping people to succeed online since 1998.

3 Crucial Elements For Jumping Sales Numbers

by: Allyn Cutts
Copyright 2005 Cutts Group, llcMarketers from every niche have common ground when it comes to bills. Yeah, every month there’s a new stack of bills demanding to be paid. Will there be enough profit to slide right through bill paying time without a flinch? Or do you find yourself fretting about whether you’ll even break even? You don’t have to be victimized by envelopes and 8x10 sheets of paper. Implement these 3 techniques to boost your sales. 1. Find More CustomersThe first thing that comes to mind when we think of making more money is getting more customers through our doors. In fact, the majority of advertising focuses on doing just that. There are several things you can do to entice more customers to buy from you.Implement Follow-UpsMarketing gurus have discovered that follow ups can increase your customer conversion rates by as much as 50%. Now, that’s a whopping improvement! Don’t let potential customers fade away. Keep the doors for future communication open, and watch the drastic growth in your profits.Encourage ReferralsEvery satisfied customer will tell 3 friends or family members about your business - without encouragement. Imagine what would happen if you start rewarding their efforts.Get Free PublicityNearly everyone keeps a sharp eye on the local news. Hey, it’s funner to know what’s going on when you personally recognize the names and faces in print! Find ways to make your business newsworthy and catch the attention of potential customers without even paying advertising fees.2. Sell More Per CustomerThink about it... how can you get every customer that walks through your doors to spend more money before walking back out the doors? Here are 3 sure-fire, profit increasing tips:Increase your prices.Hey, that might not be as bad as you think. Along with the price increase, focus on increasing the perceived value of your product. Yeah, we all expect to pay a little more for high quality stuff. Not everyone is bent on finding the absolute cheapest price in town... they may be more interested in lasting quality.Add some higher end products or services to your business.It’s never wise to put all of your eggs in one basket. That’s why wise marketers diversify their products and services. Think of it this way... higher priced products may not make as many sales, but each sale will bring in a much greater profit. You don’t need to make as many sales to come out on the best end of the deal.UpsellOffer every customer an additional product that accents his current purchase at the register. Hey, maybe they forgot they’d need batteries to go with the toy they're getting for their niece's birthday gift! You can be a hero... a richer hero.3. Sell More OftenThe fact that it’s easier to sell to the people who know and trust you is obvious. Sometimes we get so focused on new customers that we miss the gold mine in our own back yard. Take advantage of the hard work you’ve invested in winning the loyal customers you already have with these ideas:Create a Special Deal Show your customers you appreciate them and understand their needs with a special offer catered just for them. You’ll be thanking them, and selling more in the process.Add New ProductsIncrease the number of products you already have available - especially products that your customers have asked for. They’ll know that you’re looking out for them, and you’ll take their thanks to the bank.CommunicateResell yourself on a regular basis. Don’t forget to let them know about upcoming specials that they’ll appreciate. Most of all... keep selling them on the benefits of the products or services you offer.About the author:Who is Allyn Cutts, and why should you care? Allyn has spent over 24 years helping businesses like yours find new customers and increase sales to current customers. Allyn is a marketing and sales fanatic, providing measurable marketing solutions that drive huge results for small-to mid-size business clients. Allyn works personally with clients to design and deliver off-line and on-line direct marketing strategies that focus on metrics and measurable results. You can learn more about Allyn Cutts at http://www.AllynCutts.comand you can call 610.437.4106 between 10 AM and 4 PM Eastern Time Tuesdays and Thursdays.

Business Building Tool in Network Marketing

by: Jerry Olthoff
Ever wonder why one person succeeds and another fails in MLM? Or why someone has massive success in a company, then leaves, goes someplace else, and never, ever again duplicates that success? Or why some people spend 5, 10, even 20 years in network marketing with NO success... Yet they never quit! Or how an industry that does so many things so wrong can still be so popular ... This Tool Can Change Your Life On December 12, 2004, our team released the ebook "Success In 10 Steps", the story of what we have learned from 26 years in MLM. The feedback has been astonishing. People say, "I could have written that book! That was my story. Why did you steal my story? How could you know exactly what I went through?" Back in 1991, my mentor was making full-time income from MLM. He retired from that company and actually joined over 100 network marketing companies in the next few years, to figure out how this industry really works: the good, the bad, the ugly. Here's what he did: 1. Got on dozens of company conference calls 2. Organized & categorized companies, products, compensation plans, distributor kits, & marketing materials to compare each company with all the others 3. Studied their business models, to understand what kind of behavior certain business models drove 4. Studied how different "upline gurus" trained (or did not train) their people This process answered all the mysteries. It also revealed some valuable, valuable secrets about network marketing. Example #1: The hard-driving, closing salesperson is about 8% of the population. And those 8% have convinced the other 92% that the 8% are right and the 92% are wrong. How did they do that? Because that is what THEY do. It works for them, so they have total confidence they are right, and when you feel their confidence, you KNOW they must be right, so you do what they tell you. 92% of the world's population is sales-resistant. They do not like to be sold, and they do not want to become that pushy, aggressive salesperson nobody likes. Yet when they join MLM, some upline leader tells them, "Make a list of your friends and family. Call them up. Get 'em into the business. You need to hear 100 'No's for every 'Yes'. Guess what? It still only works for the 8%. If you let them mesmerize you, you can wander aimlessly in the "failure" desert for years... Maybe forever. The Choice Is Yours You can't become something you hate in order to be successful. This model works for the 8% who are real salespeople. It's a disaster for the rest of us... A very bad business model. Example #2: Every person on the planet has to be educated in the skills of what they're doing. Whether you're a doctor, carpenter, plumber, ditch digger ... whatever you are... You've got to be taught the skills of that business. And what "Success In 10 Steps" does for people is, it gets them to realize, It's not your fault! The people teaching you didn't know any better. They weren't bad people. They weren't lying to you intentionally. They just didn't know any other way to do the business. Do you think you can wake up one morning and say, "I'm going to be a doctor!" And you go down and join a company, get a distributor kit for 50 bucks, and you're a doctor? Of course not. That's ludicrous. How about a carpenter? No way. You have to learn pitches and square and level and plumb. You have to be taught the skills. Yet people get in network marketing, and they're told, "Call your friends & family." It's the biggest fallacy in the industry. Network marketing is not a sales business. It's a teaching & mentoring business. When you build people, people will build your business. Those upline guru leaders will tell you, "Well, you didn't make enough phone calls. You're a loser. If it's to be, it's up to me." Have you heard all that stuff? I bet you believed it, too, haven't you? Why This Ebook Is Such a Hot Tool For Building Your Business So the ebook really opens people's eyes to the fact that they've been lied to. You must do your business with people who WANT to be in business with you. You have to sell product to people who LOVE the product and want to buy it. That only comes through target marketing. We learned early-on about targeted marketing. Only talk to people who have raised their hand and want what you have. Well, guess what? EVERY person who downloads "Success In 10 Steps" is trying to figure out why MLM is not working for them. When you call them up, they could be in a company already. They could be working the business a year or 2 or 5, 7, 10 years. But why would they download that ebook? They're divulging some critical information. The business is not working for them. They want to figure out what the problem is. And they're looking to you for help. THAT is the basis of a long-term relationship, and THAT is the effect you can create with "Success In 10 Steps." See for yourself. Download your copy now. About the author:Jerry Olthoff lives in Apache Junction, AZ, with his wife, Dr. Nancy Olthoff, and their 2 mini-dachshunds. For years he owned an insurance agency. Now he helps people achieve success in network marketing. Get your complimentary copy of "Success in 10 Steps" at by Article Emporium

Monday, August 6, 2007

Saturday, July 28, 2007

Things You Should Know About Forex Trading

Things You Should Know About Forex Trading
How difficult is it to make money trading the Forex market? How much time does it take to actually be able to make a living trading the Forex market? These and other important aspects of trading are to be discussed in this article.
Trading the Forex market has many benefits over other financial markets, among the most important are: superior liquidity, 24hrs market, better execution, and others. Traders and investor see the Forex market as a new speculation or diversifying opportunity because of these benefits. Does this mean that it is easy to make money trading the Forex Market? Not at all.
Forex brokers agree that 90% of traders end up losing money, 5% of traders end up at break even and only 5% of them achieve consistent profitable results. With these statistics shown, I don't consider trading to be an easy task. But, is it harder to master any other endeavor? I don't think so, consider musicians, writers, or even other businesses, the success rates are about the same, there are a whole bunch of them who never got to the top.
Now that we know it is not easy to achieve consistent profitable results, a must question would be, Why is it that some traders succeed while others fail to trade successfully in the Forex market? There is no hard answer to this question, or a recipe to follow to achieve consistent profitable results. What we do know is that traders that reach the top think different. That's right, they don't follow the crowd, they are an independent part of the crowd.
A few things that separate the top traders from the rest are:
Education: They are very well educated in the matter; they have chosen to learn every single and important aspect of trading. The best traders know that every trade is a learning experience. They approach the Forex market with humility, otherwise the market will prove them wrong.

A Quick Forex Guide for Traders

A Quick Forex Guide for Traders
In this Forex course we will review some steps you need to take care before you venture into your trading journey. Most traders venture into the Forex market with little or no experience in the Forex market. This results in painful experiences like loosing most of the risk capital, frustration because it seemed so easy to make money, etc.
The first thing you need to realize is that, it is not easy to make money. As every other endeavor in life, where important rewards are to come after mastering it, you need to work hard. You need to get very well educated and experienced before having the possibility to receive important rewards on it. The key on mastering the Forex market relies on commitment, patience and discipline.
Ok, you have decided you are going to trade the Forex market, you have seen several advertisings featuring how easy is to make money in the Forex market. You might think this is your opportunity to reach your financial freedom, right away, time is money, why waiting any longer if you have the opportunity to make money now. I know, I've been there, but you have a chance now, I didn't, no body told me what I am going to tell you.
We, Forex traders, make transactions based on a set of rules. These sets of rules are what we call a Trading System. Our systems tell us the exact time where we need to get in the market and out the market in order to make a profit (i.e. buy low sell high.)
Creating a system is the first big step you need to take care first. Why is this so important? Because you need to build a system that suits your personality, otherwise you are going to find hard to follow it, thus hard to profit from.

Deadly Forex Mistakes That Assure Failure

Deadly Forex Mistakes That Assure Failure
Before venturing into your trading journey there are some things you need to be aware of, otherwise you could succeed on your trading adventure, and we don't want that to happen, do we? This Forex training guide will help you track the most costly mistakes Forex traders do.
First of all, make sure you don't have a trading system. Having a trading system might increase the odds of your success. If you have a system, you will have an objective way to get in and out the market. When traders create their trading systems they think objectively since there is no position to be taken at the moment. If there is no position to be taken, there is also no money at risk, if there is no money at risk, we do think objectively and are open to every possibility, thus we are able to find low risk trading opportunities. So make sure you don't have a system and trade based on a randomly approach.
If you have already created your system, then don't follow it, be undisciplined. If you follow your system, there is a possibility that you can profit from the Forex market based on the trading opportunities you have found. If you want to fail on your trading, be sure to be undisciplined.
Don't get educated. Most successful traders are very well educated in the market they trade (stocks, Forex, futures, etc.) If you get educated, you might acquire the knowledge and experience you require to master the Forex market. Don't read about the Forex market, don't enroll into Forex training programs and don't even look at historical charts.
Don't use any money management technique. The purpose of money management is to avoid the risk of ruin, but at the same time it helps you boost your profits, allowing them to grow geometrically. For instance, by using no money management techniques, there is a possibility that in loosing 10 trades in a row you could empty your trading account. On the other hand, by applying simple money management techniques you can avoid it. So make sure, if you want to fail, don't even consider money management.
Forget about psychological issues. You need to get every trade to win. Successful traders know that they don't need to win every trade in order to profit from the market. This is one characteristic that is hard to understand and really apply. Why? Because we are taught, since kids, that any number below 70% is a bad number. In the Forex trading environment, this is not true.
Don't even consider using a Risk-reward (RR) ratio greater than 1-1. If you use a RR ratio of 1-2 (willing to make twice the amount risked in one trade) then you only need a system that is right around 50% to make money. If you use a RR ratio of 1-3 (willing to make three times the amount risked in one trade) then you will need a system that is right around 40% of the time to make money. So make sure to use a RR ratio below 1-1.
By applying every point outlined in this Forex training guide, you will almost assure your failure in your Forex trading journey. Do the opposite, and you will have the possibility to achieve what every trader is looking for: consistent profitable results.

Understanding the Basics of Currency Trading

Investors and traders around the world are looking to the Forex market as a new speculation opportunity. But, how are transactions conducted in the Forex market? Or, what are the basics of Forex Trading? Before adventuring in the Forex market we need to make sure we understand the it, otherwise we will find ourselves lost where we less expected. This is what this article is aimed to, to understand the basics of currency trading.
What is traded in the Forex market?
The instrument traded by Forex traders and investors are currency pairs. A currency pair is the exchange rate of one currency over another. The most traded currency pairs are:
USD/CHF: Swiss franc
GBP/USD: Pound
USD/CAD: Canadian dollar
AUD/USD: Aussie
These six currency pairs generate up to 85% of the overall volume in the Forex market. So, for instance, if a trader goes long on the Euro, she or he is simultaneously buying the EUR and selling the USD. If the same trader goes short or sells the Aussie, she or he is simultaneously selling the AUD and buying the USD.
The first currency of each currency pair is referred as the base currency, while second currency is referred as the counter or quote currency. Each currency pair is expressed in units of the counter currency needed to get one unit of the base currency. If the price or quote of the EUR/USD is 1.2545, it means that 1.2545 US dollars are needed to get one EUR.
Bid/Ask Spread
All currency pairs are commonly quoted with a bid and ask price. The bid (always lower than the ask) is the price your broker is willing to buy at, thus the trader should sell at this price. The ask is the price your broker is willing to sell at, thus the trader should buy at this price.
EUR/USD 1.2645/48 or 1.2645/8
The bid price is 1.2645
The ask price is 1.2648
A Pip
A pip is the minimum incremental move a currency pair can make. A pip stands for price interest point. A move in the EUR/USD from 1.2545 to 1.2560 equals 15 pips. And a move in the USD/JPY from 112.35 to 113.40 equals 105 pips.
Margin Trading (leverage)
In contrast with other financial markets where you require the full deposit of the amount traded, in the Forex market you require only a margin deposit. The rest will be granted by your broker.
The leverage provided by some brokers goes up to 400:1. This means that you require only 1/400 or .25% in balance to open a position (plus the floating gains/losses.) Most brokers offer 100:1, where every trader requires 1% in balance to open a position.
The standard lot size in the Forex market is $100,000 USD.
For instance, a trader wants to get long one lot in EUR/USD and he or she is using 100:1 leverage.
To open such position, he or she requires 1% in balance or $1,000 USD.
Of course it is not advisable to open a position with such limited funds in our trading balance. If the trade goes against our trader, the position is to be closed by the broker. This takes us to our next important term.
Margin Call
A margin call occurs when the balance of the trading account falls below the maintenance margin (capital required to open one position, 1% when the leverage used is 100:1, 2% when leverage used is 50:1, and so on.) At this moment, the broker sells off (or buys back in the case of short positions) all your trades, leaving the trader "theoretically" with the maintenance margin.
Most of the time margin calls occur when money management is not properly applied.
How are the mechanics of a Forex trade?
The trader, after an extensive analysis, decides there is a higher probability of the British pound to go up. He or she decides to go long risking 30 pips and having a target (reward) of 60 pips. If the market goes against our trader he/she will lose 30 pips, on the other hand, if the market goes in the intended way, he or she will gain 60 pips. The actual quote for the pound is 1.8524/27, 4 pips spread. Our trader gets long at 1.8530 (ask). By the time the market gets to either our target (called take profit order) or our risk point (called stop loss level) we will have to sell it at the bid price (the price our broker is willing to buy our position back.) In order to make 40 pips, our take profit level should be placed at 1.8590 (bid price.) If our target gets hit, the market ran 64 pips (60 pips plus the 4 pip spread.) If our stop loss level is hit, the market ran 30 pips against us.
It’s very important to understand every aspect of forex trading. Start first from the very basic concepts, then move on to more complex issues such as Forex trading systems, trading psychology, trade and risk management, and so on. And make sure you master every single aspect before adventuring in a live trading account.

Learn Forex

How do I begin? Please give it to me SIMPLY.
1. The best advice on how to learn to trade profitably is to learn from experts with proven track records. Many learning styles are available to beginners at all levels: books, CDs, online courses, group seminars, even one-on-one mentors who will come right your home for a few days. We outline our Forex-Trader picks in Learning Forex Trading. Learning to trade from experts is worth every penny and has saved us untold thousands in mistakes.We would not recommend starting forex trading without any training. It is not hard to learn, nor difficult to trade successfully, but you must first provide yourself with a basic functioning knowledge of ’the game you’re in’.
2. While you are learning you will need charting software to practice reading the Market. Charting is an indispensable tool that shows you in real-time data what the market is doing moment by moment and also what the market has done in the past. As you learn to analyze these charts you can determine what trades to enter and exit, where to set your stop losses, limits etc. There are several good charting software services that you can subscribe to online monthly. See our Forex-Trader tested Charting Software picks in Tools of The Trade.
3. Then, to perform your actual trades online you need a real-time ’trading platform’ to execute your ’buys’ and ’sells’ directly in the Foreign Currency Market. You obtain a trading platform from a Forex Clearinghouse that is connected real-time to the interbank market. There are many good Clearinghouses (also confusingly called Brokerage Firms, Market Makers, etc.) that provide you with the trading platform to trade the funds in the account you have opened with them. Before you begin trading your ’real’ money, while you are learning, you will practice on your own ’demo account’ with play-money in it, which will be provided to you by the clearinghouse you plan to trade through. The contractual relationship you enter into with your Clearinghouse is a very important one because the Clearinghouse you choose determines many trading features and financial advantages to you both as a trader and as an investor. Forex-Trader tested Clearinghouses are reviewed in Tools of The Trade.
We have outlined a Getting Started path with uncomplicated steps. This is the path that we would take if we were beginning trading over again today with ’what we know now’. The products and services we mention in these steps are all ones that we have personally used for some time with consistent success. As always you are free to forge your own path, and if you do, happy hiking. There is a mountain of products and services try out, and if you find ones you like better we would love to compare notes with you.
Explain More About Charting Services
To trade successfully you also must have good charting software and instantaneous data feeds critical to helping you analysis and interpret the movement of currencies moment to moment so you know when/why to buy or sell — this you subscribe to monthly. You can get a 2 week or more demo to familiarize yourself with one that has the features you like. The costs also vary, and some companies require a year commitment. There are some free charting services offered through the clearinghouses, but they tend to lack the tools to be truly useful. There are also some costly proprietary Specialty Software charting ’hybrids’ which are market forecasters tools that look more like video games than charts.
Explain More About How Clearinghouses Work
A good clearinghouse (i.e.. your computer access/link to the live Forex Exchange Market) is the partner with which you trade the money you have deposited with them in your trading account. After trying and demo-ing many we have found a small handful that are truly excellent for the beginner (and continue to be excellent as you grow) — meaning user friendly, legally accountable to regulatory bodies, and offering fair costs (spreads) for their services/trading software platforms. There still are many worrisome ones practicing in this closing era of unregulated forex trading (new Commodities laws are imminent).
The topic of matching the right clearinghouse for your needs is discussed more in Tools of the Trade, because it depends on a number of factors — how much you can open an account with, how much the clearinghouse profit spread, what your liquidity needs are, your minimum/maximum stop loss and margin requirements, even where you live and how much time you have to give to trading in a 24 hr. day.
How Much Does it Cost to Begin to Trade?
Learning to trade will entail the cost of books and whatever traiining method you choose. It will also include a reliable computer with a minimum 128 Mb of memory to run the charting software and trading platform. Ongoing ’costs of operation’ include the monthly costs of high-speed internet, charting software, the email forecasting subscriptions — plan on spending $150./mo. up for ongoing costs.
What about Pooled Clearinghouse Accounts to Trade with More Leverage?
We strongly do not recommend pooled accounts in any circumstance. Perhaps you are considering self-trading a pooled- together family account because it would give you a perceived advantage of more leveraged funds to trade (50:1 up to 100:1 leverage) — any risks of loss represent a potential risk to family relationships, and for this reason alone we do not recommend aggregating with family or friends.
However much worse are the too-numerous negative experiences of people allowing their investment funds to leave their control to become part of a ’managed’ pooled account. Not only is it a very risky investment idea, it is illegal for anyone to ’pool’ accounts without compliance with SEC (a USA Securities Exchange Commission) or international equivalent license. Never relinquish direct control over your money/trading account to anyone (i.e.. the ability to make withdrawals, deposits etc. directly by your own authority into your own account).
A good fund manager, if you do choose to go the (legitimate) Managed Account route rather than the Self-Trader route, will make certain you have your own ’segregated account’ in your own name in a bank or brokerage firm. These individual segregated accounts can still be traded together as though they were in a single account by a designated trader as long as the clearing house uses a trading platform that allows it. You, as the investor/account holder, have direct access online to your account activity at all times, and direct control over your own account in your own name (just like a bank account). The importance of this, for the safety of your funds, cannot be over emphasized.

What is Forex ?

The Foreign Exchange market, also referred to as the "Forex" or "FX" market, is the largest financial market in the world, with a daily average turnover of approximately US$1.5 trillion. Foreign Exchange is the simultaneous buying of one currency and selling of another. The world’s currencies are on a floating exchange rate and are always traded in pairs, for example Euro/Dollar or Dollar/Yen.

Forex Software - Choosing the Best

When it comes to forex trading the forex software you choose is essential. There are so many forex trading companies all competing for your business that choosing the right forex software can be quite a difficult task. Most of the forex software products available offers live online forex trading platforms but what other components are vital when it comes to your forex software.
Key Elements For Your Forex Software
Before purchasing any forex software there are a few essential items that should be included. The most important is security and your online forex trading software should include a 128 bit SSL encryption which will prevent hackers from accessing any of your personal details and information such as your account balance, transaction history, etc.
Providing the best security for your forex trading will include a company that provides 24 hour technical server support for your forex software, 24 hour maintenance should anything go wrong, daily backups of all information, and a security system that has been designed to prevent any unauthorized access. Along with these security protocols there are also some forex trading companies that use smart cards and fingerprint scanners to ensure that only their employees can have access to their servers.
Another important factor when it comes to choosing your forex software is to check what the company’s downtime is like. When it comes to trading forex and particularly your online forex trading you need to ensure that the forex software you choose is reliable and available 24 hours a day. The forex software you choose for your forex trading should also have technical support available at all times should your session be cut short.
Ensuring that all the above features are listed in the forex software you choose will help to ensure your forex trading success.

The FOREX Market- Trade with your head not your heart!

Sounds simple…right? In actuality, this is the number one reason why day traders lose their shirts. They let their emotions get the best of them and end up doing something real stupid. Trust me I’ve done it.
When trading currency, you need to take yourself away from the platform and look at your trades in actual bills not numerical values on a computer screen. For example, let’s say you short the USD/JPY for a 50 mini-lot right before a data release and it tanks. The USD/JPY goes down about 50 some odd pips and now you’re up $2500 in about thirty seconds.
Now, if you were smart, you would close the position and take your profit, but you’re not and you decide to let it ride. The market goes down about another 10 pips. So, now you’re up $3000 and you still won’t close it. You think that it’s going to keep tanking and that you could make 5-6k on this one trade…wishful thinking.
All of sudden the market retraces and shoots back up 20 pips, your still up about $2000, but now you tell yourself, I’ll wait until it goes back down a few pips and then close it. Too late, the market ignites and now you’re break-even and then you’re negative. In the end you take a $500 loser, which isn’t too bad, but considering you were up $3000 it’s like you lost $3500.
Now, let’s pretend you did this same trade with actual, physical dollar bills. Now or days most people trade from a three wide spread, so let’s say that you gave a trade booker $150 cash to place a short USD/JPY 50 lot. The data is released and this man keeps giving you $50 bills and before you know it you have $3000 in your hands. In order to keep this money all you have to say is close.
You decide to press your luck and wait and the market continues to trend down and now you have $3500 cash. All of sudden, the market begins to retrace and this nice young man starts taking $50 from you each pip it retraces. How many pips does the market have to retrace before you say close? Maybe, ten pips? Once you saw actual dollar bills being taken away from you, you would throw in the towel. So, how does one improve their money management skills?
First of all, realize that you are trading real money. I’m sure you realize that the money you are trading is real money, but do you conceptualize it? When you make a few hundred or a few thousand dollars trading, do you feel like someone just handed you cash? Of course not! Every time you’re trading, no matter if you are profitable or not profitable visualize and grasp the outcome. Don’t just watch your balance and equity fluctuate; you need to relate your loss and gains to every day life.
For example, let’s say you have a 10k account and in the first week you doubled that to 20k. You need to step back and understand what you just accomplished; you just made 10k in one week by sitting in front of your computer and trading currency. Now, let’s take that money and put it to everyday use. If you were handed a free 10k, what would you do with the money?
Would you pay of some debt, by a car, put money down on a home, go on a vacation, put it towards school, I think you get the gist. All I’m saying is that 10k is yours, you own it and there is no reason you have to keep in the FOREX. You are that 10% that succeeded this week, but the law of averages states that you are most likely to be the 90% next week. If not next week then the week after and if not then, eventually you will.
If you invest 10k and your account doubles to 20k, why would you pull out 15k leave in 5k and go for the gusto? If you lose your remaining 5k who cares you still made 5k in a week at your computer. Tell me another investment where I can make 50% on a 10k investment in one week. Turn around the following week pull my initial investment and my profit and still have 5k to play with. If I hadn’t experienced this first hand then I would have never believed it. DO NOT GIVE YOUR WINNINGS BACK TO THE MARKET! It’s not worth it.

Monday, July 9, 2007

The World Wide Forex Market

Forex is a trading 'method' also known as FX or and foreign market exchange. Those involved in the foreign exchange markets are some of the largest companies and banks from around the world, trading in currencies from various countries to create a balance as some are going to gain money and others are going to lose money. The basics of forex are similar to that of the stock market found in any country, but on a much larger, grand scale, that involves people, currencies and trades from around the world, in just about any country. Different currency rates happen and change every day. What the value of the dollar may be one day could be higher or lower the next. The trading on the forex market is one that you have to watch closely or if you are investing huge amounts of money, you could lose large amounts of money. The main trading areas for forex, happens in Tokyo, in London and in New York, but there are also many other locations around the world where forex trading does take place. The most heavily traded currencies are those that include (in no particular order) the Australian dollar, the Swiss franc, the British pound sterling, the Japanese yen, the Eurozone eruo, and the United States dollar. You can trade any one currency against another and you can trade from that currency to another currency to build up additional money and interest daily. The areas where forex trading is taking place will open and close, and the next will open and close. This is seen also in the stock exchanges from around the world, as different time zones are processing order and trading during different time frames. The results of any forex trading in one country could have results and differences in what happens in additional forex markets as the countries take turns opening and closing with the time zones. Exchange rates are going to vary from forex trade to forex trade, and if you are a broker, or if you are learning about the forex markets you want to know what the rates are on a given day before making any trades. The stock market Is generally based on products, prices, and other factors within businesses that will change the price of stocks. If someone knows what is going to happened before the general public, it is often known as inside trading, using business secrets to buy stocks and make money - which by the way is illegal. There is very little, if any at all inside information in the forex trading markets. The monetary trades, buys and sells are all a part of the forex market but very little is based on business secrets, but more on the value of the economy, the currency and such of a country at that time. Every currency that is traded on the forex market does have a three letter code associated with that currency so there is no misunderstanding about which currency or which country one is investing with at the time. The eruo is the EUR and the US dollar is known as the USD. The British pound is the GBP and the Japanese yen is known as the JPY. If you are interested in contacting a broker and becoming involved in the forex markets you can find many online where you can review the company information and transactions before processing and becoming involved in the forex markets.

Investing for Retirement

Retirement may be a long way off for you – or it might be right around the corner. No matter how near or far it is, you’ve absolutely got to start saving for it now. However, saving for retirement isn’t what it used to be with the increase in cost of living and the instability of social security. You have to invest for your retirement, as opposed to saving for it!Let’s start by taking a look at the retirement plan offered by your company. Once upon a time, these plans were quite sound. However, after the Enron upset and all that followed, people aren’t as secure in their company retirement plans anymore. If you choose not to invest in your company’s retirement plan, you do have other options.First, you can invest in stocks, bonds, mutual funds, certificates of deposit, and money market accounts. You do not have to state to anybody that the returns on these investments are to be used for retirement. Just simply let your money grow overtime, and when certain investments reach their maturity, reinvest them and continue to let your money grow. You can also open an Individual Retirement Account (IRA). IRA’s are quite popular because the money is not taxed until you withdraw the funds. You may also be able to deduct your IRA contributions from the taxes that you owe. An IRA can be opened at most banks. A ROTH IRA is a newer type of retirement account. With a Roth, you pay taxes on the money that you are investing in your account, but when you cash out, no federal taxes are owed. Roth IRA’s can also be opened at a financial institution.Another popular type of retirement account is the 401(k). 401(k’s) are typically offered through employers, but you may be able to open a 401(k) on your own. You should speak with a financial planner or accountant to help you with this. The Keogh plan is another type of IRA that is suitable for self employed people. Self-employed small business owners may also be interested in Simplified Employee Pension Plans (SEP). This is another type of Keogh plan that people typically find easier to administer than a regular Keogh plan.Whichever retirement investment you choose, just make sure you choose one! Again, do not depend on social security, company retirement plans, or even an inheritance that may or may not come through! Take care of your financial future by investing in it today.

Practicing in the Forex Market

So you want to learn about the Forex market, and trading internationally but you are risking your personal wealth if you jump in before knowing all about how trading takes place. Online, you will find many games and simulations while learning the methods involved in forex market trading. The forex markets include countries from around the world, where all countries involved are using different currencies, and when faced against each other are worth more or less than the original valued currencies that are being traded. The forex markets are used to build wealth in, for governments, banks, and brokers, and for many countries. To get started in learning about forex trading, you will need to locate the forex trading software, education-learning system you want to use. As you find the games, as they are called, you will enter information about yourself, about what you are interested in learning and then you will download software to your computer. In following the 'game', you will learn how to make and lose money in the forex market. This type of game is going to make you more aware of what happens daily, how the markets open and close, and how different the various countries currencies really are. You will open an online 'account' using the gaming system. You will then be able to read the news, find and compare markets, and you will be able to make 'fake' trades so you can watch your money build or be eaten away in losses. As you learn the system, using it a few times a week, you are going to be more prepared, more educated and you will be ready to use the forex trades to make money. Of course, you may still need the aid of broker or a company to make your transactions happen but you will better understand the process, what will happen, and what calls you may want to make when you read about the news, the markets, and the currencies in other countries. The forex market is also referred to as the FX market. If you are interested in joining the millions who are making money in the forex markets, you want to ensure you are dealing with a reputable banker or company involved in forex trading. With the spur of interest in the forex markets, there are many types of companies that are popping out on the Internet appearing to be genuine forex trading companies but in reality, they are not. Forex trading can be completed through a broker, a company that deals in the funds, and from within your own country. For example, the US has many regulations and laws regarding forex trading and what companies are permitted to work with the public dealing with international trading and markets

Day Trading Strategies

While day trading is neither illegal nor is it unethical, it can be highly risky. As a trader you will probably fall into two main categories, traders who like to trade the breakout and traders who like to join the trend once established. Most day traders have their favorite markets.You don’t need to know everything about day trading to succeed as a day trader. More important for the day-trader than others is to have the proper 'team' in place. Keep in mind a day-trader with a computer and access to the Internet already has access to a world of information.Some day traders might buy and sell stocks in minutes, but might also hold some overnight or longer. During the day trading, a day trader will quickly buy a large number of stocks at a time and sell it once they see the stock gain within the day. Some of the more commonly day-traded financial instruments are stocks, stock options, currencies, and a host of futures contracts such as equity index futures, interest-rate futures, and commodity futures.An investor needs to have a system that helps him to be prepared for all scenarios of a trade. Is Day Trading Right For You? Can day-trading be learned?With the unlimited potential to earn of daytrading, comes the possibility of great financial loss. The Forex market is the largest financial market in the world with average daily trading of the currencies going over US$1.6 trillion. Day trading doesn't mean trading every day. Day trading simply means not holding any position beyond the current trading day.Many day traders make dozens of trades every market day hoping to capture profits that arise from small intraday price fluctuations. Before starting out in the Forex daytrading market we need to make sure we understand the basics of daytrading. Even if you`re starting out with a small day trading float, you should practice good money management.By simply changing the amount of capital you risk in your day trading, you can turn a system from returning 10% to returning a 100% per annum. As the prices go up and down, the day trader must be alert as to when to sell his stock or wait for the moment to hold on it. Your best chance to make money trading is by following the path of the best traders.Access to timely information and fast execution of trades is essential to day trade successfully. You must know how to daytrade if you want to be a sucessful daytrader. Some websites have sought to profit from day traders by offering them hot tips and stock picks for a fee.The application of Fibonacci to trading can be very complex, and take much time and experience to perfect. Day traders go bankrupt because they lose money, not because they don't make enough money. You’ll need to ascertain for yourself whether you are comfortable with the levels of risk inherent in daytrading..Do you have the tolerance for the risk involved with day trading? Day traders typically hold stocks anywhere from only a few seconds to several hours but they never keep stocks overnight. Can day-trading be learned? Be aware that day trading does not offer the protection of an advisor who can tell you whether a particular investment is suitable to your financial goals.

FOREX (Foreign Exchange Market)

The foreign exchange market is also known as FX or it is also found to be referred to as the FOREX. All three of these have the same meaning, which is the trade of trading between different companies, banks, businesses, and governments that are located in different countries. The financial market is one that is always changing leaving transactions required to be completed through brokers, and banks. Many scams have been emerging in the FOREX business, as foreign companies and people are setting up online to take advantage of people who don't realize that foreign trade must take place through a broker or a company with direct participation involved in foreign exchanges. Cash, stocks, and currency is traded through the foreign exchange markets. The FOREX market will be present and exist when one currency is traded for another. Think about a trip you may take to a foreign country. Where are you going to be able to 'trade your money' for the value of the money that is in that other country? This is FOREX trading basis, and it is not available in all banks, and it is not available in all financial centers. FOREX is a specialized trading circumstance. Small business and individuals often times looking to make big money, are the victims of scams when it comes to learning about FOREX and the foreign trade markets. As FOREX is seen as how to make a quick buck or two, people don't question their participation in such an event, but if you are not investing money through a broker in the FOREX market, you could easily end up losing everything that you have invested in the transaction. Scams to be wary of A FOREX scam is one that involves trading but will turn out to be a fraud; you have no chance of getting your money back once you have invested it. If you were to invest money with a company stating they are involved in FOREX trading you want read closely to learn if they are permitted to do business in your country. Many companies are not permitted in the FOREX market, as they have defrauded investors before. In the last five years, with the help of the Internet, FOREX trading and the awareness of FOREX trading has become all the rage. Banks are the number one source for FOREX trading to take place, where a trained and licensed broker is going to complete transactions and requirements you set forth. Commissions are paid on the transaction and this is the usual. Another type of scam that is prevalent in the FOREX markets is software that will aid you in making trades, in learning about the foreign markets and in practicing so you can prepare yourself for following and making trades. You want to be able to rely on a program or software that is really going to make a difference. Consult with your financial broker or your bank to learn more about FOREX trading, the FX markets and how you can avoid being the victim while investing in these markets.

Why Trade the Forex Market?

If you are interested in trading currencies online, you will find the Forex market offers several advantages over stock and futures trading.
24-hour trading
Forex is a true 24-hour market. Whether it's 6pm or 6am, somewhere in the world there are buyers and sellers actively trading foreign currencies. Traders can always respond to breaking news immediately, and P&L is not affected by after hours earning reports or analyst conference calls.
After hours trading for U.S. stocks and futures brings with it several limitations. ECN's (Electronic Communication Networks), also called matching systems, exist to bring together buyers and sellers - when possible. However, there is no guarantee that every trade will be executed, nor at a fair market price. Quite frequently, traders must wait until the market opens the following day in order to receive a tighter spread.
Superior liquidity
With a daily trading volume that is 50x larger than the New York Stock Exchange, there are always broker/dealers willing to buy or sell currencies in the Forex markets. The liquidity of this market, especially that of the major currencies, helps ensure price stability. Traders can almost always open or close a position at a fair market price.
Because of the lower trade volume, investors in the stock market and other exchange-traded markets are more vulnerable to liquidity risk, which results in a wider dealing spread or larger price movements in response to any relatively large transaction.
100:1 Leverage
100:1 leverage is commonly available from online Forex dealers, which substantially exceeds the common 2:1 margin offered by equity brokers, and 15:1 in the futures market. At 100:1, traders post $1000 margin for a $100,000 position, or 1%.
While certainly not for everyone, the substantial leverage available from online currency trading firms is a powerful, moneymaking tool. Rather than merely loading up on risk as many people incorrectly assume, leverage is essential in the Forex market. This is because the average daily percentage move of a major currency is less than 1%, whereas a stock can easily have a 10% price move on any given day. The most effective way to manage the risk associated with margined trading is to diligently follow a disciplined trading style that consistently utilizes stop and limit orders. Devise and adhere to a system where your controls kick in when emotion might otherwise take over. Leverage is a double-edged sword and necessitates the use of proper money management. Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
Trading potential in both rising and falling markets
In every open Forex position, an investor is long in one currency and short the other. A short position is one in which the trader sells the base currency in anticipation that it will depreciate. This means that trading potential exists in a rising as well as a falling market.
The ability to sell currencies without any limitations is another distinct advantage over equity trading. In the US equity markets, it is much more difficult to establish a short position due to the Zero Uptick rule, which prevents investors from shorting a stock unless the immediately preceding trade was equal to or lower than the price of the short sale.
Risk Statement: "Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts."


1. The market of the exchequer obligations (fixed incomes). The exchequer obligations act
as the goods in this market let out by corresponding state institutes of the countries, the
state exchequers and the Ministries of Finance. As a rule, the profitability depends on a
term of repayment and a discount rate valid in the country.
2. The precious metals market (commodities). The goods in this market are precious and
rare metals (silver, gold, platinum, a palladium, etc.). As it is known from the past,
practically all currencies have passed a stage of maintenance with that or another
precious metal, from silver (silver dollar) and up to gold maintenance. Investment of
funds of precious metals in the market allows to get profit, concerned to quotations of the
prices on precious metals, because precious metals always can "be exchanged" for money.
Investor always can place available precious metals in the banks and receive credit using
"metal" deposits for realization of the other purposes. At a rise in prices of precious
metals placed on deposit. The investor’s property grows and the incomes received from
the credit only increase his capital.
3. The share markets (Stocks). Stocks of the companies are the goods in this market. The
formation of the share markets has started in the beginning of the last century – the
market of stocks of the companies. The investment of funds in this segment of the
financial market is attractive to the investor for two reasons. Firstly, investing funds in
the stocks of this or another company, the investor acquires the right for reception of
share of the company profit – dividends, so to speak that usually make up to 10 % of the
invested funds sum. Secondly, the cost of the gained stocks can increase (at successful
development of the company). Thus, profitability from investments into stocks has two
components - the dividend and a difference between price of the stock and current price
of the stock. Trade in stocks is carried out at regional stock exchanges, such as, the New
York stock exchange, the Tokyo stock exchange, the Frankfurt stock exchange, the
London stock exchange, etc.
4. The international currency market FOREX (currency). The goods in this market are
currencies of various countries. It is the youngest and most roughly developing of all
segments of the financial markets. Profitableness of investment in this market depends on
change of currencies quotations. Attractiveness of investment in this market is concerned
to quickness of transaction fulfillment and additional bank service (crediting of
transactions with a credit leverage 1:100) also can make tens or even hundreds annual
interest rates.

the best hours for forex trading

What Are The Best Hours For Forex Trading?

Forex is 24 hour market – it's traded from Sunday 5pm EST through Friday 4pm EST. Rollover is at 5pm EST.

Forex Major markets are: London, New York and Tokyo.

Forex Trading activity is heaviest when major markets overlap - between 2am and 4am EST (Asian/European) and between 8am to 12pm EST(European/N. American).

Nearly two-thirds of New York activity occurs in the morning hours while European markets are open