Trading Systems

1: forex signal provider? which one?

We have developed absolutely superb Forex Signal system based on detailed research, close market watch and careful technical analysis which has perform fabulously so far  bringing over 800 pips a month with 80-90% accuracy. The biggest advantage of our Forex Signal Trading System is that it works!It has performed numerous of winning trades over the last seven months.Forex Money Signal is the key towards a long-term profitable career in forex trading.

2: The opportunities of trading the Forex hedged grid system

This article shows high lights the dangers and opportunities of using grid trading principles in trading the Forex (currency) markets. It also constructively suggests ways of overcoming the dangers

3: Forex Trading System - A Key To Successful Forex Trading And Trading For A Living

For the trader who employs a forex trading system, he can still face the losing trade with a smile, because he has had followed through the trading signals in a disciplined way, and it is only when a trader follows a system, he can be sure of keeping his losses small and to live to trade again another day. Is there a place for day trading in a forex trading system?

Trading Strategy

1: » Why "Follow-Through" Is Imperative For Your Market Position

Endurance is counted as a high merit in great accomplishments, especially in forex trading. Great men frequently advise to be consistent in big changes of market tendencies and "Follow Through" in breakthroughs.

2: » Knowing the Ins and Outs of Chandelier Exit

Have you ever heard of a stop placement strategy that trails stop based on previous 'high' points? It is called Chandelier exit as it hangs down from the high point or the ceiling of our trade, just as a chandelier hangs from a room ceiling. The distance, which is usually calculated from the high point to the trailing stop; could also be calculated in dollars or in contract based points. However, the value of this trailing stop moves upward very promptly as higher highs is reached.

3: Successful Forex Day Trading Strategies

The majority of Forex Trading Systems that are used by beginner traders are focused towards short term trading strategies, which aim to take small risk and promise to pile up massive profits and regular income. So we will look at how to succeed.

4: Forex Market Education - Simple and Effective Strategies

If you want to catch the serious profit in forex dealing you need to trend watch forex trends which are worse term. here we are going to give you a 3 step simple method which if you use it correctly, will help you catch every superior forex trend and lead you to long-term term currency dealing success.

5: Trend Following Forex - 3 Simple Steps to Catching Big Profits

If you want to catch the big profits in forex trading you need to trend follow forex trends which are longer term. Here we are going to give you a 3 step simple method which if you use it correctly, will help you catch every major forex trend and lead you to long term currency trading success.

6: Making Money by breaking ALL the Forex Trading rules

Make money from Forex trading by breaking all the rules like: never trade without a stop; cut your losses and let your profit run; and always trade in the direction of the trend.

7: Forex Profits by buying and selling at the same time?

This article shows how it is possible to make money buying and selling investments at the same time.

8: Forex News Trading Tip: How To Trade The FOMC

The Federal Open Market Committee (FOMC) decision on interest rates is one of the most powerful market movers in the forex market and when the markets move traders trading the news have the opportunity to make money.

9: Swing Trading Strategy

Swing trading is a popular method of capitalizing on the short-term price variations of the stock market. It has earned a reputation of being a powerful method of maximizing profits at lower risks. The best swing trading strategy involves choosing the right stock and the right market. Swing traders usually choose the stocks that fluctuate at extreme ends. Swing trading strategy is employed in a stable market, because here the prices tend to have minor variations on which the swing trader can capitalize. In a rapidly rising or crashing market, swing trading strategy cannot be employed.

10: Learn Forex Trading - Which Forex Strategy Is Right For Me

Discover how to learn the right strategy to trade he Forex market based on your personality. In the end, success or failure comes down to more than just strategy!

Stock Market

1: CFD Trading 95% Lose - How To Win

Everybody starts out in CFD Trading wanting to make money but a whopping 95% of Traders lose, which leaves 5% winners. So what is it that the 5% of CFD Traders are doing to make them win in CFD Trading. What are the mistakes that the 95% of people are making, and how can you avoid them!

2: Stock Market Trading - Winning Trading Plan

Successful stock market trading begins with a winning trading plan. It's as simple as that. If you develop a well-conceived trading plan to guide your actions in the stock market you will already have the advantage over most of your market competition. Put simply, it gives you the edge you need to win over the long haul when trading the stock market or forex market.

3: CFD TRADING- Indonesia

Contracts for Difference (are commonly known as a CFD) is a contract between the trader and a CFD provider, who will at the close of the contract, exchange the difference between the opening price and the closing price of the underlying index, share, commodity, per the number of specified CFD contracts.This is why CFDs are the flexible new way to trade.

4: Stock Market Trading- 3 Strategies to Make you a Millionaire

Stock Market Trading- Are you ready to become a millionaire. Here are 3 proven strategies to make you become a more successful trader and increase your wealth. They can be used if you are forex trader, stock market trader.

5: Little Known Ways Regarding FOREX Market Online : Discover Helpful Suggestions Next

FOREX is the Foreign Exchange market also known as FX. All three of these means the same thing, which is the trade of trading between different banks,

6: Stock Market Meltdown - Watching Rome Burn

Both presidential candidates want to crucify SEC Chairman Cox for failing to control our creative financial institutions. But rumor has it that Congress specifically excluded the devilish derivatives from SEC purview. Let's fire the right bunch of "poips" for a change!

7: Preventing Investment Mistakes: Ten Risk Minimizers

Losing money on an investment may not be the result of a mistake, and not all mistakes result in monetary losses. Your own misconceptions about how securities react to varying economic, political, and hysterical circumstances are your most vicious enemy. Step away from calendar year, market value thinking. Avoid these ten common errors to improve your performance:

8: Good News For Income Investors

Admittedly, even if your asset allocation has been fine tuned for years, lower portfolio market values in this area make stock market valuation shrinkage feel even worse. But the value of stable cash flow becomes painfully clear for investors who misguidedly depend on capital gains for their spending money.

9: When All Stocks Are Value Stocks - Think QDI

How do we create a confidence building Stock Selection Universe? Simply operating on blind faith with one of the common definitions may be too simplistic, particularly since many of the numbers originate from the subject companies. Here are five filters you can use to come up with a listing of higher quality companies:

10: Quarterly Window Dressing - A Recurrent Wall Street Scam

Why aren't the wizards of Wall Street assuaging our nerves by explaining the cyclical nature of the markets and pointing out that similar crises have always preceded the attainment of new all time highs? Right, because the unhappy investor is Wall Street's best friend. Why can't politicians address economic problems with capitalist-economic solutions?

Money Management

1: Forex Money Management by FX Master

Money management is a critical point that shows difference between winners and losers. It was proved that if 100 traders start trading using a system with 60% winning odds, only 5 traders will be in profit at the end of the year. In spite of the 60% winning odds 95% of traders will lose because of their poor money management. Money management is the most significant part of any trading system. Most of traders don't understand how important it is.

2: Stock Market Money Management Skills

Essential money management skills for all types of investors.

3: Forex Money Management

Forex money management is one of the most important things you can learn before you actually begin making live trades.

4: Money Management Principles

How to handle money management in forex trading: Trade With Sufficient Captial, Exercise Discipline and Employ Risk-to-Reward Ratios.

Futures and Options

1: Forex Options Market Overview

Forex option trading has emerged as an alternative investment vehicle for many traders and investors. As an investment tool, forex option trading provides both large and small investors with greater flexibility when determining the appropriate forex trading and hedging strategies to implement. With the plethora of real-time financial data and forex option trading software available to most investors through the internet, today's forex option market now includes an increasingly large number of individuals and corporations who are speculating and/or hedging foreign currency exposure via telephone or online forex trading platforms.

2: Successful Options Trading Strategies

When it comes to giving people the hope of becoming a millionaire overnight, the stock market excels. Every day we see evidence of stocks that have flown upwards as if they had wings, providing investors with a windfall of profits. It's inevitable that catching one of those stocks just before it takes off is an exciting possibility, inspiring the beginning trader to take the plunge.

Fundamental Analysis

1: The Euro Bull: New Paradigm of FOREX

The Euro Bull: The New paradigm of FOREX

As the EUR/USD breaks 1.50, investors should take another look at foreign exchange. 100/barrel oil, $1,000 gold, and $10/bushel wheat are not anomalies, nor is there a bull market in commodities. The US dollar is losing its value and its relevance as a world reserve currency.

2: How far can the dollar go down?

An explanation of how far dollar can go down - contrast with other markets and looking from value perspective.

3: FOREX Fundamental Analysis

Information on using fundamental analysis for FOREX trading.

4: What is Fundamental Analysis

Investors using fundamental analysis to make investment decisions are looking at the underlying aspects that determine company and stock valuations.

5: Fundamental Analysis On Forex Trading

Remember, fundamental analysis is a very effective way to forecast economic conditions, but not necessarily exact market prices.

fForex Trading

1: Forex Brokers - Make the Right Choice Not A Mistake

With the modern times of mobile communication, it is not unusual to find hidden in a home a trader or a broker who is doing their Forex Trading from the comfort of their own home. Today to be a forex trader all that you require is a computer setup to multi screen investing servers, the number of the casual or evens serious home based forex traders has grown a great deal of late and this is because of the internet and the popularity of certain commodity trades.

2: How to Start Forex with a Great Training Course

what to look for when choosing a forex training course.

3: Forex Trading - The top 5 Tips

We have all heard and read how much money we can make from Forex Trading, so what are the real rules and tips that will make us money from Forex Trading? Below we will uncover the real tips for Success.

4: Forex Trading Errors- How To Fix

When we are trading we will all from time to time make a mistake when forex trading and it is normal and sometimes can be looked upon as healthy, so as to know that the decisions will either make or break you. However, if this becomes severe to a point wherein you lose more than you can afford to, then you would have to take measures in order to avoid further damage.

5: 8 Traits Of the Great Forex Trader

To be a successful Forex Trader takes time, education and knowledge, but the great news is anyone can do it. You do not have to be a genius to be a Professional Forex Trader. There will be many people that disagree with the above and end up broker, because they people have been successful in other areas and they see Forex Trading simply as a financial game

6: FOREX Trading without Indicators

When it comes to trading most professional traders will be trading with indicators, so when most people hear that someone is trading with out them there is an instant look of bewilderment. To them it sounds like driving in the dark with no lights. But in fact it is the opposite.

7: Forex Trading - The 3 Biggest Lies

Everyone that is involved in Forex Trading for awhile would have all heard these 3 misconceptions about Forex Trading, but beginner traders continue to fall for them. These are also some of the reasons why many Forex Traders end up going broke.

8: Day Trading - How to Be Successful at it

The share market today is as volatile as we have seen it, as stock prices continue to fluctuate the only way to preserve your money is to sit on the sidelines and the chaos goes on in the financials and other sectors. With the wild swings in the market as it continues at times to make no sense. We have seen days of down 500 points, followed by days of up 450 points, actual trading sessions moving as much as 1000 points. How do we make sense of these crazy markets and more importantly how do we make money.

9: How To Be Successful Forex Trading

Today there are many people in the world that are using Forex to make money. Forex trading is buying and selling currencies to make profit from it. It can be a great money making business if you can do it right. It is the type of business that you can make thousands of Dollars each month if it is done correctly

10: Forex Market - Make Money in Choppy Markets

The Forex Markets do not create clear trend lines all the time. Quiet often we will experience very volatile markets and the prices can move dramatically up and down. So How do you make money from this?

Forex Beginner

1: Will I get rich from Forex? Definitely! Are you ready to learn?

The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with over $1.5 trillion changing hands every day.

2: Online Currency Trading requires Patience

When the going gets tough, the tough get going. This adage often brings back the memories of my past days when I was trading initially in the currency exchange market. Indeed, there's nothing more hurtful than losing your invested money in the FX market. But, online currency trading is like life where you're got to learn from your wrong moves and keep moving on.

3: Forex - What is it?

The international currency market Forex is a special kind of the world financial market. Trader’s purpose on the Forex to get profit as the result of foreign currencies purchase and sale. The exchange rates of all currencies being in the market turnover are permanently changing under the action of the demand and supply alteration.

4: Short data about the origin and development of the currency exchange market

Currency trading has a long history and can be traced back to the ancient Middle East and Middle Ages when foreign exchange started to take shape after the international merchant bankers devised bills of exchange, which were transferable third-party payments that allowed flexibility and growth in foreign exchange dealings.

5: Risks by the foreign exchange on Forex

The Forex is essentially risk-bearing. By the evaluation of the grade of a possible risk accounted should be the following kinds of it: exchange rate risk, interest rate risk, and credit risk, country risk.

6: Charts for the technical analysis

Kinds of prices and time units. Charts for the technical analysis are being constructed in coordinates price (the vertical axis)  time (the horizontal axis). The following kinds of currency prices represented on charts are being distinguished on Forex:

7: Forex Glossary

Here are some of the most common terms used in FOREX trading. Ask Price ¨C Sometimes called the Offer Price, this is the market price for traders to buy currencies.

8: Forex Trading Education - The London Open Checklist

The start of the London trading session marks a period of increased volatility in the Forex market and a period of more opportunities to trade. As part of your Forex trading education, run through this checklist to see if you can identify good trade setups regularly at this time of day.

Finance

1: Last Bank Standing - The Wall Street Mega-Crash

Today's Congress is ignoring its role as the primary creative force in today's problems. This transfusion is needed because: bad laws have obscured the values on financial institution balance sheets, and have created a clot in the credit arteries that keep the economy alive.

2: Amazon's Best Investment Book Reviews: Have You Been Brainwashed?

Big publishers want to sell already big names; discovering new ones is not in their wheelhouse. Are they responsible for the problems in the financial markets? Of course not, but they do have a perverse, if indirect, impact--- they contribute to the brainwashing.

3: Car Finance Basics

Shop around for a good car finance that is flexible for all situations online before going into a car dealership so that you are prepared with money in hand in order to make sure that the car you are buying is yours and not the dealers.

4: Different Ways of Debt Consolidation

Consulting with EzConsolidation.com could be the best solution that any person in debt can find for them to ensure a bright financial future. One fixed monthly payment on a strict schedule can allow you to budget.

5: Taking Control of Your Credit

You're found the house of your dreams, made an offer and now it's time to head on down to the bank. What goes on in that visit will determine if you're able to make your dream become a reality. If so, at what price will it cost you?

6: Bad Credit Cash Advance Payday Loans in UK

Face your urgent financial needs with Bad Credit Payday Loans without any credit check. People with bad credit history or poor credit score can improve their credit rating by applying bad credit payday loan to meet their cash requirement.

7: Best Way to Consolidate All of Your Debt

ezConsolidation.com is an online debt consolidation service provider that helps you save money by reducing your interest rates, lowering your monthly payments and having only one payment per month.

8: Choosing Advantageous Car Loans

Individuals are customarily left with the feeling that it's a really fabulous idea to choose against a manufacturers rebate in able to receive an auto loan that is offered at 0% interest fees, regardless did you ever truly examined which choice is more astute?

9: Auto Loan Financing - Practical Ideas Especially For First-Time Buyers

Honestly, even the utmost clever individual can sometimes get stranded in the ocean of choices as they are trying to determine what the correct manner of action is in terms of acquiring a wonderful package on their initial auto loan.

10: What is Debt Management

The Debt Management Company you hire will relieve and eventually reduce your debt by managing your assets effectively and negotiating with your creditor regarding interest rates and monthly payments. This is not a loan so you are no obligated by any contract or other binding paperwork associated with a Debt Management Plan.

Forex Information

• The History Of Forex Trading
  Although the history of foreign currency trading dates back to the middle ages, it is the events of the last century that have shaped the Forex market we see today.



• The 4 Elements Of Any Good Trading Market
  In any market there must be four elements present if the market is to favor investors and these four elements are particular strong in the case of the Forex market.



• 5 Reasons For Becoming A World Currency Trader
  If you are contemplating becoming a world currency trader then here are five good reasons for taking the plunge.



• Forex Traders Come In Various Shapes And Sizes
  The Forex market has changed considerably in recent years and now boasts a range of buyers and sellers ranging from the very largest of institutions to the very smallest of private investors.



• The Role Of The Commercial Banks In World Currency Trading
  The commercial and investment banks play a central role in the foreign exchange market but, while they are still the main players in the market, their position has shifted in recent years.



• How A Forex Trade Works
  Learning Forex trading can be a little bit confusing until you have worked your way through a few trades and started to get to grips with trading terminology.



• Calculating Pip Values
  In a Forex trade it is important to be able to quickly and easily calculate pip values as these are the building blocks of any trading profit or loss.



• Forex Trading - Profiting From Rising and Falling Exchange Rates
  One of the beauties of foreign exchange trading lies in the fact that you can profit from bit a rising and a falling market.



• Calculating Interest On Forex Trades
  Since many Forex trades are conducted using borrowed funds it is important to understand the effects of interest payments of a foreign exchange trade.



• How To Analyze Movements In The Forex Market
  The secret to profiting from foreign exchange trading lies in the ability of a trader to predict the direction in which the market is moving and this means getting to grips with market analysis.



• The 4 Main Types Of Order In The Foreign Exchange Market
  There are various different was in which orders can be placed in the Forex market and here we look at the four main foreign exchange trading orders.



• The Dangers Of Getting Emotional About A Forex Trade
  Emotion is a powerful driving force for any Forex trader but there are considerably dangers in allowing emotion to dictate your decisions when it comes to foreign exchange trading.



• Draw Up A Set Of Forex Trading Rules And Stick To Them
  The Forex market allow very considerable trading freedom but successful traders know only too well the dangers of trading without a set of rules to follow.



• The Dangers Of Trading Without Stop Loss Orders
  Stop loss orders are designed to limit trading loses and yet a surprising large number of traders choose to ignore this basic trading tool.



• Trading A Market Which Is Always On The Move
  The fact that the Forex market is always on the move provides traders with the opportunity to make money, but it also carries with it a number of dangers which traders need to be aware of.



• Forex Traders Need To Be Objective
  The foreign currency market can be unpredictable at times and it is extremely important for Forex traders to maintain a sense of objectivity if they are to succeed.



• The Value Of Simulated Forex Trading To Currency Trading Success
  Most Forex traders consider paper trades to be merely a training tool but, as many successful traders are discovering, they can used very profitably even if you have been trading for many years.



• The Most Commonly Seen Forex Trading Mistake
  There are many mistakes made by Forex traders every day but one mistakes stands head and shoulders above the rest when it comes to reversing your fortunes.



• The Second Most Commonly Seen Forex Trading Mistake
  Emotion is a powerful force when it comes to Forex trading and is very largely responsible for two of the most commonly seen mistakes in foreign currency trading.



• Forex Trading Strategies Are The Key To Successful Trading
  Before rushing headlong into the world of foreign currency trading it is vitally important to sit down and think carefully about different Forex trading strategies to decide just what strategy you intend to adopt.



• Why Most Forex Traders Use Technical Analysis
  Despite the fact that Forex traders have traditionally based their trading decision upon a fundamental analysis of the market, and increasing number of traders are now turning to technical analysis. Here we examine the reason for this.



• Just What Goes Into Making A Successful Forex Trader?
  The many thousands of foreign exchange traders can be split into those who are successful and earn a lot of money and those who merely scrape by. But what sets these two groups apart?



• An Introduction To Fundamental Analysis
  Most Forex traders rely on a combination of technical and fundamental analysis to make their trading decisions and this brief article provides an introduction to fundamental analysis.



• A Forex Trading Mentor Is The True Key To Successful Trading
  There are a number of ways to go about learning Forex trading from merely reading up on the subject to taking an online training course or attending a course in your nearest major city. Whatever method you choose however there is no doubt that real success in foreign currency trading comes from following a master trader or Forex trading mentor.



• Learn Forex Trading Online And Get Ahead Of The Game
  Nowadays the Internet has brought foreign currency trading to a very large audience but it would be unwise to jump into trading without the right level of Forex education.



• The Importance Of Selecting The Best Forex Training
  Forex trading is both fun and lucrative although it is also extremely competitive and volatile and anybody who wants to join in the fun will need to have the best Forex training.



• The Advantages Of Automated Forex Day Trading
  Foreign currency trading is already hugely popular and the advent of automated Forex day trading will only enhance its position as a truly exceptional investment vehicle.



• The Importance Of Real Time Forex Charts
  A good understanding of technical analysis and, in particular, the ability to read real time forex charts is essential for any forex trader. For the novice this means picking up some free chart pattern recognition software for forex and taking time to master the program.



• How To Make Money In Foreign Exchange
  Forex trading is increasing daily in popularity because it is a superb way to make money trading from the comfort of your own home as long as you know how to make money in foreign exchange.



• What Is Day Trading?
  We often hear people talk about day trading and the day trader and this article explains both its traditional meaning and also its more moderen usage.

Forex Trading

What is Learning?

According to wikipedia learning is "the process of acquiring knowledge, skills, attitudes, values through study, experience, or teaching, that causes a change of behavior that is persistent, measurable, and specified or allows an individual to formulate a new mental construct or revise a prior mental construct (conceptual knowledge such as attitudes or values). It is a process that depends on experience and leads to long-term changes in behavior potential. Behavior potential describes the possible behavior of an individual (not actual behavior) in a given situation in order to achieve a goal. But potential is not enough; if individual learning is not periodically reinforced, it becomes shallower and shallower, and eventually is lost in that individual. Learning is sense making that enables manifestation of purpose."
In short we learn to achieve goal, to be able to behave properly in given situation. This means that we are learning constantly to adjust to changing environment. Sentence that we lean whole our lifes in light of whats above and praticulary in trading is a profound truth. Markets are changing constantly pushing traders into continous process of adjusting themselves to new situations. Traders who stops progressing with market changes, who at some point stops learning are quickly eradicated from the market as their methods cease to adjust and become obsolete.

What is Implicit learning?

It is new approach to answering question how trader gain expertise. Simplest way to describe it is to do it through example.
People learning languages not always can verbalize grammar rules but they know which sentence is correct and which isn't. For example I know nothing about grammar rules in english as it's not my first language. I've learned it from computer games mostly so although I'm pretty proficient in this language, during university times all english grammar tests weren't returning any good results.
Same with trading. Traders are not always able to say why they entered long or short position but it shows to be a good decision. This is because most of time trader is making decisions basing on current price behavior and they almost always make it with very limited information.

How to learn to trade the market

Through practice. Keep in mind that many succesful traders become successful after long period of trading practice . It take years to be a good carpenter, more than decade to be an excellent carpenter, how long it will take to be an excellent trader then? Of course it all depends on individual abilities, talents and motivation but even highly talented traders didn't achieve full success right away after sitting before screen and start trading . If you want to be a trader prepare for years of practice and tons of readed materials - it is the only way.

Forex trading

The investor's goal in Forex trading is to profit from foreign currency movements. Forex trading or currency trading is always done in currency pairs. For example, the exchange rate of EUR/USD on Aug 26th, 2003 was 1.0857. This number is also referred to as a "Forex rate" or just "rate" for short. If the investor had bought 1000 euros on that date, he would have paid 1085.70 U.S. dollars. One year later, the Forex rate was 1.2083, which means that the value of the euro (the numerator of the EUR/USD ratio) increased in relation to the U.S. dollar. The investor could now sell the 1000 euros in order to receive 1208.30 dollars. Therefore, the investor would have USD 122.60 more than what he had started one year earlier. However, to know if the investor made a good investment, one needs to compare this investment option to alternative investments. At the very minimum, the return on investment (ROI) should be compared to the return on a "risk-free" investment. One example of a risk-free investment is long-term U.S. government bonds since there is practically no chance for a default, i.e. the U.S. government going bankrupt or being unable or unwilling to pay its debt obligation.

When trading currencies, trade only when you expect the currency you are buying to increase in value relative to the currency you are selling. If the currency you are buying does increase in value, you must sell back the other currency in order to lock in a profit. An open trade (also called an open position) is a trade in which a trader has bought or sold a particular currency pair and has not yet sold or bought back the equivalent amount to close the position.

However, it is estimated that anywhere from 70%-90% of the FX market is speculative. In other words, the person or institution that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that particular currency.

Global Demo Trading Contest - Get Closer to Trading Live

Why trade in the MG Demo Contest?

The MG Demo Trading Contest is an on-going competition open to global contestants which allows participants to operate a virtual currency trading account with the following benefits:

• Further prepare traders for live trading.

• Chance to win $1500 or $3000 contest credit to begin live trading ($3000 contest credit applies to the Ultimate Demo Contest participants)

• Receive free access to the Charts & News Software for the length of the contest, a $44.95 per month value.

• Low cost to enter: $44.95 per month for the Monthly Contest or $500 per year for the Ultimate Demo Contest

• Ease of funding by wire transfer, check or credit card from anywhere in the world.

• Trade from anywhere through Internet, your web-enabled PDA or Mobile Phone.

Demo trading terms and conditions.
Demo trading and the Demo contest serve a demonstrative purpose only. Trading a live account may be significantly more difficult and risky for many reasons including but no limited to the inability or unwillingness of counterparties to honor indicative pricing, illiquidity of a particular currency pair(s), extreme volatility of the currency market(s), as well and the added physical and psychological stress of a real money trade(s). Although customers are encouraged to use the demo trading account and the demo contest for the purpose of learning and familiarizing themselves with the DealStation platform, trading a demo account may not prepare a customer or potential customer for all the risks associated with live forex trading. Please read the full risk disclaimer to find out about some of the many risk factors involved in forex trading.

How to Get Started

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

Step 1: "Practice makes perfect"

Demo trade. The demo account was designed to help traders gain familiarity with the speed and movements of the market. When you are demo trading, you should learn how to: 1) place market orders to enter a trade, 2) place stop-loss orders to protect your positions, and limit orders to take profits, 3) place OCO orders and If Done Orders to execute more advanced strategies.
Step 2: "Study, Study, Study".

Forex traders use fundamental analysis, technical analysis, quantitative analysis and sometimes a combination of all three to make their trading decisions. Fundamental analysis involves the use of economic, financial and political news to determine trading decisions. Technical analysis involves the study of Charts to predict future price movements based on past price patterns and trends. Quantitative analysis consists of the use of preset statistical models and properties in quantifying price formations such as averages, retracements as well as identifying oversold and undersold situations.

In order to help novice and experienced traders alike, MG has developed www.forexnews.com, a leading site on foreign exchange analysis, news and education. Comprehensive previews and summaries updated 4 times per day, insightful editorials covering the latest market developments and an open forum for discussing trading tips and ideas, are just some of the many features of Forexnews.com and MG's commitment to educating and informing Forex participants.

Step 3: Manage your money wisely.

You should always be aware of the amount of money in your account before placing a trade. If you think a long-term trend is developing, then you should consider whether you have enough funds to maintain your margin and withstand any movements against your position(s) that may occur. We encourage everyone who opens an account with us to ask themselves the following questions prior to entering each trade:

1) How much am I willing to risk?
2) What is my upside and downside potential?
3) What are the market conditions? (Is the market volatile or calm?)
4) What is the logic behind entering this trade?
5) When can I conclude if the assumptions/logic behind the trade are/is correct or wrong?

Before entering an order, you should consider both your entry and exit points. One of the mistakes most commonly made by traders, especially new traders, is letting emotions get in the way of their strategy.

Step 4: Stay Connected:

It is impossible to follow the forex market 24 hours day, 7 days a week. For better management of your account, we encourage you to use our Wireless Service and alert!FX™.

Step 5: Open a Live Account.

If you feel ready to trade this market, fill out our application forms and submit them today. Since the emotional factor may be higher than it was when you were demo-trading (as you are now committing real money), it is essential that you develop an effective strategy while demo-trading and plan to abide by it when trading your live account.

We hope you enjoy trading with us and wish you the best of luck!

What is Forex (Foreign Exchange)?

Foreign Exchange (FOREX) is the arena where a nation's currency is exchanged for that of another. The foreign exchange market is the largest financial market in the world, with the equivalent of over $1.9 trillion changing hands daily; more than three times the aggregate amount of the US Equity and Treasury markets combined. Unlike other financial markets, the Forex market has no physical location and no central exchange (off-exchange). It operates through a global network of banks, corporations and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one zone to another in all the major financial centers.

Traditionally, retail investors' only means of gaining access to the foreign exchange market was through banks that transacted large amounts of currencies for commercial and investment purposes. Trading volume has increased rapidly over time, especially after exchange rates were allowed to float freely in 1971. Today, importers and exporters, international portfolio managers, multinational corporations, speculators, day traders, long-term holders and hedge funds all use the FOREX market to pay for goods and services, transact in financial assets or to reduce the risk of currency movements by hedging their exposure in other markets.

MG Financial, now operating in over 100 countries, serves all manner of clients, comprising speculators and strategic traders. Whether it’s day-traders looking for short-term gains, or fund managers wanting to hedge their non-US assets, MG's DealStation™ allows them to participate in FOREX trading by providing a combination of live quotes, Real-Time charts, and news and analysis that attracts traders with an orientation towards fundamental and/or technical analysis.