Forex Trading Hours are constant because foreign currency trading also known as Forex trading, or FX has no single physical marketplace like the New York Stock Exchange does on Wall Street in New York or the Tokyo Stock Exchange does in Japan. The New York Stock Exchange and the Tokyo Stock Exchange online traders are limited to making purchases during the actual trading hours governed by New York Stock Exchange hours or the Japanese Stock Exchange s Tokyo hours. In contrast online Forex trading gives traders access to the online Forex trading community through an electronic series of different online trading platforms.
Online Forex trading and online accessibility are nicely compatible because the world s foreign currency exchange market is a 24-hour market, and the internet makes online forex trading a 24 hour possibility open to anyone with a computer, a telephone line/internet connection and money. Anyone, any corporation, or any bank can log onto an online account at any time from anywhere in the world, and trade foreign currency through online forex trading.
Get the Full Story At...Forex Trading Hours
Thursday, September 25, 2008
Monday, September 22, 2008
Can You Really Make Money Trading The Currency Markets?
Can You Really Make Money Trading The Currency Markets?
The answer is "yes" if you know a few insider secrets.
Now, we all know it's easy to make money trading currencies if you have millions to start with, a lot of market experience, and time to watch the markets all day. But what if you don't? What if you'd like to reap the substantial profits available in the currency markets without a million dollar bank account to start with? What if you'd like to take advantage of the megatrends occurring right now but don't have time to sit in front of your computer 24 hours a day? Before I answer let me tell you that as an investment banker, I got to see firsthand how the real money is made trading currencies.
I spent years immersing myself in the world of currency trading. I spoke with the top traders, studied their methods, and travelled the world learning about the international economy. And now, thanks to some recent innovations in the currency markets, I've found the perfect strategy for today's currency markets. A system that doesn’t require a lot of starting capital or time, and can be implemented by just about anyone, regardless of market knowledge.
This explosive strategy, combined with what's going on right now in the currency markets, has already produced these gains in 2008:
A gigantic 412% gain on the Japanese Yen - That'll turn every $2,000 invested into $10,240
A quick 113% return on the British Pound in just 9 days - A $2,000 initial investment would be worth $4,260
An unbelievable 655% profit on the Swiss Franc - An initial $5,000 balloons to $37,750 And keep in mind, all these gains were achieved with strictly limited risk. No margin, complicated spreads, borrowed money or anything like that. Just a straightforward method for producing huge returns in the currency markets, month after month. And the best part is, you no longer need a million dollar bankroll or years of practice to get started.
Before I show you what to buy...when to buy it...and how to grow rich with this system, I want to clear something up.
For more forex information and to begin Trading visit: Forex Trading Platform
The answer is "yes" if you know a few insider secrets.
Now, we all know it's easy to make money trading currencies if you have millions to start with, a lot of market experience, and time to watch the markets all day. But what if you don't? What if you'd like to reap the substantial profits available in the currency markets without a million dollar bank account to start with? What if you'd like to take advantage of the megatrends occurring right now but don't have time to sit in front of your computer 24 hours a day? Before I answer let me tell you that as an investment banker, I got to see firsthand how the real money is made trading currencies.
I spent years immersing myself in the world of currency trading. I spoke with the top traders, studied their methods, and travelled the world learning about the international economy. And now, thanks to some recent innovations in the currency markets, I've found the perfect strategy for today's currency markets. A system that doesn’t require a lot of starting capital or time, and can be implemented by just about anyone, regardless of market knowledge.
This explosive strategy, combined with what's going on right now in the currency markets, has already produced these gains in 2008:
A gigantic 412% gain on the Japanese Yen - That'll turn every $2,000 invested into $10,240
A quick 113% return on the British Pound in just 9 days - A $2,000 initial investment would be worth $4,260
An unbelievable 655% profit on the Swiss Franc - An initial $5,000 balloons to $37,750 And keep in mind, all these gains were achieved with strictly limited risk. No margin, complicated spreads, borrowed money or anything like that. Just a straightforward method for producing huge returns in the currency markets, month after month. And the best part is, you no longer need a million dollar bankroll or years of practice to get started.
Before I show you what to buy...when to buy it...and how to grow rich with this system, I want to clear something up.
For more forex information and to begin Trading visit: Forex Trading Platform
Choosing Your Forex Trading Platform Carefully
Selecting a forex trading system that is easy for any user to use provides more than convenience. In the serious business of trading foreign currency time really is money and not just some empty buzz word.
Let me begin to explore and discover some other compelling benefits of a forex trading platform that contributes in a major way to a traders overall success and profit margin.
#1 Accuracy of the forex trading system:
Foreign currency trading is done in real time while every second exchange rates quickly change. When a trader executes a forex trade and locks in the exchange rate that transaction should be recorded immediately.
Since a quote can only be precise at the moment it's displayed any delays in processing the trade will cost traders in lost profits. Your forex trading platform software should access servers with the most accurate exchange rates available.
A web browser based trading platform makes it easy to trade forex from any location in the world with Internet access since there is no software to download. This ensures that your stop loss and take profit targets are executed exactly as you placed them (the suggested method for forex trading).
#2 Security of the forex trading platform:
Of course it goes without saying that any forex trading platform you decide on should be highly secure to protect your account and private information. It should allow you to fund your trading account securely with a variety of options including credit card, western union and paypal if needed.
#3 Integrity of the forex trading platform:
A forex broker providing transparent services is a worthwhile choice for any forex trader. All costs associated with the trading platform and trading account in general should be disclosed up front.
Integrity means not having to pay any hidden commission charges or fees for making deposits and withdrawals. Bank costs that are part of doing business as a forex dealer are not passed on to you the forex trader.
Beware of any service provider that does not provide sufficient firewall protection and some sort advanced SSL for user authentication and data transfer.
Forex Trading System can seem overwhelming If you're new to forex, and you're going to need forex charts to assist you along they way. while you develop your forex trading system, you will want to use the demo accounts that many trade brokers provide. They'll generally provide free forex charts as part of their demo forex trading system.
You can search the Internet for forex or "forex charts" for more details. The choices will be a bit overwhelming at first but you will be fine once you have done a little homework. You will have to do research to find a good match that fits your needs, both with the forex trading system and forex charts themselves. You may have to compare a few of them and match them up to get your specialized needs met.
As you get beter and better with your new FOREX TRADING skills, you ll find you re more discerning of the tools. And you ll begin to notice more features on the forex charts. The forex trading signals should be quite standard on many sites, but how they integrate the forex trading signals with the forex charts may not function as well with your style.
So the more you search and find forex trading signals you ll find those that are a good fit that closely fit with your requirements. Your forex trading system will become more and more refined with practice. And that s the best way to learn forex by practicing with a demo account before you go live.
Learning the forex charts and the forex trading system of different brokers will be frustrating to start. Stick with it, and it will be worth it in the long run. Don t accept the first one you try, or even the one your friend uses. The Forex trading system and forex charts are very personal so take the time to find out what works best for you. Because you re going to be spending a lot of time together. So get comfortable.
The only way to pick a forex trading system and forex charts is to take recommendations and suggestions from this and other articles, trainers and friends. But then make it your own. Find a perfect fit for your forex trading system needs.
Let me begin to explore and discover some other compelling benefits of a forex trading platform that contributes in a major way to a traders overall success and profit margin.
#1 Accuracy of the forex trading system:
Foreign currency trading is done in real time while every second exchange rates quickly change. When a trader executes a forex trade and locks in the exchange rate that transaction should be recorded immediately.
Since a quote can only be precise at the moment it's displayed any delays in processing the trade will cost traders in lost profits. Your forex trading platform software should access servers with the most accurate exchange rates available.
A web browser based trading platform makes it easy to trade forex from any location in the world with Internet access since there is no software to download. This ensures that your stop loss and take profit targets are executed exactly as you placed them (the suggested method for forex trading).
#2 Security of the forex trading platform:
Of course it goes without saying that any forex trading platform you decide on should be highly secure to protect your account and private information. It should allow you to fund your trading account securely with a variety of options including credit card, western union and paypal if needed.
#3 Integrity of the forex trading platform:
A forex broker providing transparent services is a worthwhile choice for any forex trader. All costs associated with the trading platform and trading account in general should be disclosed up front.
Integrity means not having to pay any hidden commission charges or fees for making deposits and withdrawals. Bank costs that are part of doing business as a forex dealer are not passed on to you the forex trader.
Beware of any service provider that does not provide sufficient firewall protection and some sort advanced SSL for user authentication and data transfer.
Forex Trading System can seem overwhelming If you're new to forex, and you're going to need forex charts to assist you along they way. while you develop your forex trading system, you will want to use the demo accounts that many trade brokers provide. They'll generally provide free forex charts as part of their demo forex trading system.
You can search the Internet for forex or "forex charts" for more details. The choices will be a bit overwhelming at first but you will be fine once you have done a little homework. You will have to do research to find a good match that fits your needs, both with the forex trading system and forex charts themselves. You may have to compare a few of them and match them up to get your specialized needs met.
As you get beter and better with your new FOREX TRADING skills, you ll find you re more discerning of the tools. And you ll begin to notice more features on the forex charts. The forex trading signals should be quite standard on many sites, but how they integrate the forex trading signals with the forex charts may not function as well with your style.
So the more you search and find forex trading signals you ll find those that are a good fit that closely fit with your requirements. Your forex trading system will become more and more refined with practice. And that s the best way to learn forex by practicing with a demo account before you go live.
Learning the forex charts and the forex trading system of different brokers will be frustrating to start. Stick with it, and it will be worth it in the long run. Don t accept the first one you try, or even the one your friend uses. The Forex trading system and forex charts are very personal so take the time to find out what works best for you. Because you re going to be spending a lot of time together. So get comfortable.
The only way to pick a forex trading system and forex charts is to take recommendations and suggestions from this and other articles, trainers and friends. But then make it your own. Find a perfect fit for your forex trading system needs.
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