Archive for December, 2008

Using Correlation in Currency Trading

When you first start in currency trading, you may be unaware that some currency pairs seem to move in opposite directions. Understanding and using the relationship of pairs to one another is crucial to your long term success in the market. Many traders are simply unaware of these relationships, and wonder why their trading positions [...]

Hello, How could I be a stock market broker/ currency exchange broker in Canada or some other countries?

I would like to trade some stocks, some currencies. If as a broker myself, I don't really need to pay for brokage? Even I have to pay some other charges, I can trade without commission or brokage if I am a broker?
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12 Tips for Currency Trading Success

Here are 12 tips for currency trading success if you are new to trading each point is explained more fully in our other material, but these are the basics that can lead you to successful forex trading.
Use them in your trading plan, your chances of currency trading success will be increase dramatically.
1. You are responsible [...]

how does market of currency work?

is the market of currency like NYSE? if people exchange their dollars in their account for other foreign money, will the value of dollars change?
In the United States, there are two layers to the question, the real forex market and the "pretend," FOREX market that little traders play in.
The real forex market does largely work [...]

Making Decisions in the Forex Market

Statistics show that 90 percent of New investors fail, 5% break even, and 5 percent actually make profits in the Forex market. What the statistics do not tell you is about half of these investors jump into the forex market with little or no research or training. Perhaps this is why so many people fail.
Gaining [...]

Forex Currency Market Trading – Which Forex Signal Generator (Software) Gives You The Best Results?

Specially from the viewpoint of forex data mining, analysis and reporting, which currency trading system meets your needs for a "power tool"?
Talking from pure, personal trading experience, nothing comes close to Forex Tracer. It's fast, seamless, sophisticated (works like joy with my broker a/c)… and almost gives you the feeling that for forex currency market [...]

Why Should You Trade Forex Market?

Simply said, there are no other trading instrument comes even closely to forex market when it comes to liquidity, 24hr market environment and last but not the least, profit potential. Forex (currency) market is the largest (most liquid) financial market in the world, with an average daily volume of more than US$ 1.5 trillion, which [...]

Why would anyone buy with higher currency exchange from the black market?

I know there’s the whole hard currency vs. weak currency issue. I can also understand how the sellers of these currencies earn money throught the black market trading.
But what is really confusing me is that why would anyone be willing to exchange up to or even more than double the official exchange rate in [...]

Stock Market Adventures

Trading strategies involved in the Forex exchange market, and the stocks market involve hi/lows and are often available to anyone wanting a share of the markets. Some of the investors make mistakes joining stock markets, since they just plunge into the investing world without taking time to become well versed. forex trading is one of [...]

How does Advanced Currency Market / Online Forex work? I need your help!

There is a so-called ACM, a company in Dubai that works on forex trading and currency trading. Honestly, I almost don’t have any ideas about how this thing works. It’s like I have to open an account and invest money. I don’t know how it works. How will that benefit me? Will it make my [...]