Learning How to Trade in Foreign Exchange (Forex)
FOREX Trading
The word FOREX is derived from the words Foreign Exchange and is the largest financial market in the world. FOREX is the the simultaneous buying of one currency and selling of another. Unlike many markets, the FX market is open 24 hours per day and has an estimated $1.2 trillion in turnover every day. This tremendous turnover is more than the combined turnover of the main worlds' stock markets on any given day. This tends to lead to a very liquid market and thus a desirable market to trade.
Unlike many other securities (any financial instrument that can be traded) the FX market does not have a fixed exchange. It is primarily traded through banks, brokers, dealers, financial institutions and private individuals.
Trades are executed through phone and increasingly through the Internet. It is only in the last few years that the smaller investor has been able to gain access to this market. Previously the large amounts of deposits required precluded the smaller investors. With the advent of the Internet and growing competition it is now easily within the reach of most investors.
Online Forex Trading
Offers forex signal system with specific entry and exit strategies teaching and assists self-traders.
Trade 24 hours a day with tight 3-5 pip spread on all major currencies. Normal trading hours is at 7 p.m. Sunday evening through 3 p.m. Friday EST.
Instant execution of your orders with access to real-time quotes and without slippage. The price you see on screen is the price you get.
Live charts, account information, quotes, open positions, profit/loss tracking and summary all in real-time on one single window.
Easy accessibility to news reports, market commentary and trade analysis.
Multi-lingual trade platform with over 13 languages available.
Professional and standard contracts can be traded simultaneously on the same trade platform and trading screen.
Full hedging capabilities - you can open positions on the same currency pair in opposite directions without margin increase.
System alarms allow you to setup your account to any melody and record your own messages to notify you about changing prices.
Automatic trading programs that will execute orders based on your specifications. Traders can tailor their systems to exact specifications depending on market objectives (long and short term gains, aggressive or conservative approach).
Extensive client support staff on duty for your convenience
Advantages of trading online
Multiple ways of carrying out orders: by phone or over the Internet. Both services are available 24-hours a day during normal market hours (Sunday 7 p.m. through Friday 3 p.m. EST).
Market information is readily available upon demand. The trading system allows one to trade currencies, view account information, pull up charts, read real-time news and participate in research and analysis.
Implementation or execution of trade orders are simple and basic. One does not have to speak with a broker to make trades over the Internet, eliminating any confusion or misplaced orders.
Confirmations of trades are immediate and are also available upon request.
Safest form of investing, offering elevated standards in computer system firewalls to protect all information and eliminate any risks associated with transacting business via the internet.
24-hour trading
No commission or transaction fees (except usual broker spreads) Excellent liquidity
Low minimum investment
Forex markets can provide opportunities in times of rising or falling markets
Greater buying power than day trading stocks.
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Why Financing?
10 questions you must ask yourself when seeking financing Answer these questions yourself first. Then you'll be prepared for fast answers when talking to potential funders.
1. Why do you want the money? (Launch your business, grow your business, etc.)
2. What are you planning on using the money for? (Capital improvements, marketing, hiring, inventory, etc.)
3. How much of your own investment are you putting into the business?
4. How much money do you need?
5. Do you need short-term or long-term funding?6. How and when do you plan to repay it?
7. Do you have any security?
8. How much of your security are you willing to bet on your venture?
9. Why should a funder invest in you?
10. Have you considered other potential sources, and why do you think this one is your best move?A checklist of potential funding sourcesSelf financeFriends and familyGovernment grantsGovernment loans or loan guaranteesBank loansInvesting angelsCash flow hiding in your business
Would you like to get money tofund your business, too?There's money available now for qualified existing and start-up small businesses.
Phone toll-free 1-800-591-1266. Or visit
www.Tips.Grants-Loans.org
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