Lets Make Some Money The Easy Way, Why Work So Hard At It, Try Forex Trading Made E Z
  • March 10, 2021


I learned a long time ago that it is better to work smart than hard. To tell you the truth I am kind of lazy. But, I also like having a lot of money so I can have a lot of fun spending it. That does not make for a good combination, being lazy and wanting to be rich. So, I had to think hard how I was going to pull this off. After all, it is really no fun being broke.

Thank goodness for the internet, it allows you to do a ton of research in a relatively short period of time. Actually, I was really too lazy to drive to the library to tell you the truth. That is so sad, what can I say, I don't like to work hard.

The internet is where I first found out about the Forex markets. I liked what I saw instantly. What I figured out the first time I read anything about it, was that if I was blindfolded and flipped a coin I would be able to pick a winning currency that would make me money fifty percent of the time. Those are my kind of odds; I knew I could make a fortune if I only learned a little bit about it.

I have been doing this for years now and I have made my fortune. I really have learned quite a bit to tell you the truth, much more than I ever started out to learn in the first place. I just want to know how to improve my odds of selecting a money making currency a little bit.

I got really lucky at first. Isn't always that way, the person who cares the least always somehow figures a way to come out on top. Anyway, this is what happened. The first thing I bought to teach me how to make money in Forex was a currency course called Forex Trading Made E Z. I bought it because it was really inexpensive and that was all I could afford at the time.

It was the best move I have ever made and it has made me so much money over the years it is embarrassing to even mention it. The best thing about it is that it is really easy to learn and very simple to trade with. If you really serious about making some good money in the Forex markets, do yourself a favor and pick up a copy of this program. It only takes a few minutes to read about it on its web site and who knows; maybe it will make you as happy as it has made me. Let's hope so anyway.

Tips For Foreign Exchange Traders
  • February 12, 2021


I have some advice to share with you foreign exchange traders. They should be able to help you become a more developed trader and add value to your trading. Take the advice to heart and try to apply it everyday.

The first tip I'm going to give you is a warning. Be in control of your emotions because this isn't a business that favors "gut feelings" and other emotions. These emotions are often the most dangerous because they put you in the position to lose your money. The best piece of advice to follow is to become as calculated as you can. All that means is that you're not going to make your trading decisions based off emotions and feelings, you're going to make them off numbers. Numbers are unbiased, unemotional and never lie. This is why you should be calculated.

The next piece of advice for you foreign exchange traders is to take full advantage of your demo account that comes with your trading platform. All a demo account does is allow you to make real live trades, except you're not using money. It is the best and most affective way to run a real live simulation of a trade without actually using your money. You can test a strategy a hundred times until you're confident enough to use it with real money.

Lastly, you need to be confident, but never over confidence. The need for confidence is to make sure you have a sound mind. If you don't trust yourself, it's going to be a rough ride when you make a trade. You'll be nervous and your stomach will be in knots. Once you trust yourself, you don't have to worry about this. The problem with overconfidence is you assume things will just work out for you. In reality, they never do.

Forex Options Trading – How Different Is The Forex Market?
  • January 23, 2021


The largest market in the world is also the most liquid. The foreign exchange market is such a tempting business to get into that so many people attempt but fail. This market represents the international currency market where people from all over the world can buy and sell currencies for profit.

Several factors affect how a currency's value can rise or dip and that is what makes forex trading a rather risky one to get involved in. One major factor that affects the international currencies is the different demand-and-supply conditions in the different economies.

The bottom line is profit, which can be achieved by buying low and selling high. One can take advantage of the endless fluctuations in prices of the currencies; play their dice well, and profit substantially.

The forex market is different from all other financial markets and the differences include:

  • More factors affect the change in values
  • Individuals, small business, and the large corporations can all play the game and win
  • So many people are trading real-time, everyday and that makes the forex market the most liquid one in the world.
  • Almost nonstop operations - 24 hours a day for 5 days every week
  • Forex Options also in position on sat and sun.

For those who are contemplating to begin investing in currency trading, it would help to sign up for demo accounts from any of the forex websites that offer the service. These demo accounts can help the beginner try out the market first before he invests real money.

Forex Market – Discover How to Improve Per Month Earnings in The Forex Market
  • December 13, 2020


The phrase Currency market is not a phrase in group, basically because nearly everyone is within the currency dealing market features. One of the nearly everyone intelligent areas of Currency dealing is with the aim of it is to be had to all, if you move your arms on a main managing device. Forex dealing is the alternative of currency dealing. This does not mean with the aim of near is a mart. All this is ready within details. And within the details are the trips of the Forex market price, this function up and down. Within near are many Currencies dealing trading which execute each cash is different and selected are more flexible than others. There are several aspects with the aim of figure out whether a regard currency dealing will function up or down in price. And at this point comes an attention-grabbing query how many individuals generate earnings and how many lose their money? According to a research taken by single of the main providers, says with the aim of individual 15% of the suppliers are generating cash on Forex market regularly, which path with the aim of the relax of the 85% are down cash. These individuals, who generate earnings in the Currency dealing Trading markets, are experts while others who are not generating cash are people who are preliminary or take care of not know exactly how to execute in Currency dealing. Sure, near are besides currency dealing strategies which can help you be element of with the aim of 15% of suppliers who are generating cash in the Forex market. And besides help you save a perfectly formed element of the journey and you can avoid perfectly formed breakdowns, you can avoid problems and problems basically because Currency market is not stress-free basically because you sustain to take many aspects into depend. A computerized company to journey information you in the Forex market is besides a significant comfort, basically because as you discover everything you need to know not far off from Currency market while your primary generate takings which will figure out you more assurance to proceed in this experience.

Scam In Forex Trading & Tips To Avoid It
  • November 13, 2020


Forex Trading is open for everyone with a will and power. Your next door neighbor might be making some cash on the side trading online, your university professor could be using his mathematical strategies to profit, even your mother can enter forex trading world and succeed tremendously. Along with ?good guys? come the scammers ? the cyber criminals. The question is how to avoid scam in forex business?
Whether you are a professor in applied mathematics or a housewife, the formula of success in forex trading is the same for everyone. You have to educate yourself about forex trading. It is a never-ending story, so don?t think that you can grasp it within a month and than leave it at that. Your knowledge is your weapon, so the more you know the bigger changes you have to make money.

Practice as much as you can without giving up. Whether with demo account or with real account you have to put your skills to action. Losing should not be considered as a negative thing. After all, you learn on your mistakes, remember?

Avoid scam at all cost. Today scam is everywhere and the forex scammers use wise physiological maneuvers to attract the newbies. Forex scam can take many forms. My most favorite of all is a promise of wealth with a particular strategy that you, of course, have to buy. Come to think of it, the fancy strategic moves are not that expensive. The price varies, but it is possible to find ?an outstanding forex system that will dramatically boost your profits?? for about $100. That doesn?t sound so bad, especially compared to all the profits you will get? or not! Let?s think for a second. What if this is scam? By the time someone realizes it, thousands of dollars will be made of the lured beginners.

The next scam comes in form of forex brokers. Forex brokers play an extremely important role by creating a bridge between our world and a trading market. When a forex broker engages in fraud and scam, usually forex trader?s money simply never gets to the market at all. Your investment might be stolen without any trace by professional con artists. To avoid this, please follow these simple steps:

Check everything about your forex broker ? from top to bottom: read reviews, ask questions, check out terms and conditions on the site, and find out if your forex broker is regulated by an authority.

Consider making a small deposit first. Do not rush for a bonus or for major profit. First of all, you will not make profit over night. Forex trading requires a lot of patience and I wouldn?t even dare saying that you will make money after 1 month of trading, although according to a monthly poll more than 63% of forex traders think it is possible, but that is another topic and I will not go into details. By depositing a smaller amount you will be able to check whether your funding goes through without any complications. You will also be able to test the quality of support and other services forex broker claims to provide.

Withdraw your profits whenever you can as much as you can. Do not leave your money sitting there forever. Some forex brokers offer interests for leaving your money in the account (like in a bank), but it is better to take out your money and check that the withdrawal process doesn?t have any flaws! It sound easy ? take out your money, when in fact it is much more complicated than you expect. Documents must be filled, phone calls must be made, and your identity must be proven. To make story short, making funds is always easier than claiming your win!

Forex trading is profitable but risky business. The risk is coming not only from forex trading itself, but also from your choices. The fact that you trade online doesn?t make it any more secure. Internet can be trap for inexperienced forex traders, so the best you can do is to check everything more than twice before you invest your money. Be responsible for your trading experience. You don?t want to end up hating it just because you fell into the hands of bad guys. It is your responsibility not to invest in unknown, unchecked, not reviewed and not authorized broker. It is also your responsibility not to buy crappy ?wonder world forex strategies? that promise to turn you into the richest man alive.

Do not try to catch a fast ride in forex trading ? it never works. Patience is the key to your success.

Learn To Make Money Trading The Forex Grid System
  • October 15, 2020
  1. Learn To Make Money Trading The Forex Grid System
    You can make money trading without stops. We are now coming to the heart of how to make money using the no stop, hedged, forex trading strategy. In the previous articles in this series we discussed trading without stops, not being concerned about which way the price goes and places to cash in on profitable trades. We are now going to explain how it is possible to make money buying and selling at the same time using the grid structure.

One should always be able to cash in at a gain no matter which way the market moves when trading the no stop, hedged grid trading system. The only way this is logically possible is that one would have a buy and a sell transaction active at the same time. This sounds like trading suicide to most traders but let's take a closer look.

Let's assume that a forex trader starts trading with a sell (sell 1) and a buy (buy 1) when the price is at a level of say 1.0100. The currency price then goes to level 1.0200. The buy transaction will then show a gain of 100 pips. The sell transaction has now become negative by 100 pips. At this stage we would close our positive transacion and add 100 pips to our account. The sell transaction now has a loss of 100 pips. The grid system requires one to make sure that the trader can cash in on any movement in the market. To do this one would again enter into a sell (sell 2) and a buy (buy 2) deal at this level (level 1.0200).

Now for convenience let's assume that the price moves back to level 1.0100 (the starting point).

The second sell (sell 2) has now gone positive by 100 pips and the second buy (buy 2) is carrying a loss of -100 pips. According to the rule of cashing in positive deals at grid levels you would close the sell (sell 2) at a gain of 100 pips which you can now add to your account. This makes the total cashed in at this point 200 pips (sell 2 and buy 1). The first sell in now on level 1 and still active.0200 where it was -100 to level 1.0100 where it is now breaking even.

The four forex trading deals now magically show a gain when added together:- 1st buy (buy 1) cashed in +100, 2nd sell (sell 2) cashed in +100, 1st sell (sell 1) now breaking even and the 2nd buy (buy 2) is -100. The gives a total profit of 100 pips. We can own cash in all our deals and celebrate as we have made a profit of 100 pips.

Please make sure that you are comfortable with the above calculations. Make sure you understand the concepts by rereading this article.

This formation is the 100% retracement formation where the price moves up to a grid level and then returns back to the starting grid level and results in a nice gain for the forex trader. There are many other market movements that turn this strange "buy and sell at the same time" activity into gains. The next article will cover the 50% retracement formation which produces the same amount of profit.

There will be much more on the no stop, hedged grid trading system in future articles in this directory. Don't miss them.

Copyright (c) 2008 forex Trading Alerts

Forex Charts – A 3 Step Simple Method To Forex Charting Success
  • September 4, 2020


forex charts and technical analysis can make you money - its simple to learn time efficient and can deliver huge profits. Here we are going to look at a simple way to incorporate forex charts in your trading system and win big.

First things First

Forget the myths and there numerous ones but here 2 of the worst:

  • You predict forex prices
  • forex markets move to a scientific theory

There related to each other of course so lets be clear:

Prediction is another word for hoping or guessing and that wont get you far in life and certainly not forex trading - you need to simply trade the reality of price change and that's it. Human nature is constant - but were not logical beings and we don't conform to scientific theories. There are many people who will tell you there is a scientific theory of market movement but if there were, we would all know the price in advance and there would be no market!

A Game of Odds

When you trade forex you are involved in a game of odds not certainties. Sure you are going to lose some trades but like the good poker player if you trade the odds you can win big.

The theory of market movement

Is very simple, here it is:

All fundamentals + Human perception of them = Price

All you do when using forex technical analysis and charts is to assume that all fundamentals will show up instantly in price action, so you are taking into account the supply and demand situation. forex charts though give you a huge advantage:

They show you how humans view price and it is humans who decide the price of anything. You can then follow your charts and look out for high odds repetitive chart patterns to trade for profit.

You can do this in many ways but let's make an important point - your forex trading system needs to be simple!

Simple systems work best and always have. Clutter your analysis with to many indicators or make it to complex and it will have too many elements to break.

When trying to make profits with forex charts this is all you need:

  • An understanding of support and resistance
  • A few indicators to indicate if a level will hold or break which are momentum based

You can put together a forex trading strategy based upon the above in less than a week and we will discuss these strategies in greater depth, in part 2 of this article theory.

Here we have given you a basic understanding of what to expect from your forex charting and how to get the basics sorted.

In the next article, we will look at building your own trading system based upon forex charting. We are going to look at putting together a system which will take you less than a week to master, 30 minutes a day to execute and could make a lot of money.

Why Is A Mentor Necessary To Succeed At Forex (fx) Currency Trading?
  • August 17, 2020


Forex (foreign exchange) trading, which is buying one currency while concurrently selling another, is getting a considerable amount of press as an attractive alternative to trading on the stock exchange. Among the reasons of Forex trading becoming a popular alternative is that Forex provides a 24-hour market, lower transaction fees, and no one entity can corner the market because of its sheer vastness. The drawback is that it is not easy to learn Forex trading on your own. While it can be done, the lessons can be relatively expensive.

A Forex mentor will help you learn the ropes of Forex currency trading. With so many people out there offering the same service with different methods of delivery, how do you determine which method of learning is best for you?

With all the e-courses, videos, books, and seminars that are easily available online and offline for a price, it is difficult for you as the consumer to guess which one will be the one that clicks for you. You have to examine several options before purchasing one that works and some people go through several methods and never find one that actually helps them learn Forex trading. While this is not rocket science, it can be quite confusing and a little knowledge can be more dangerous and expensive than a true education.

I?m not saying that a four-year degree is necessary, nor are college courses in Forex trading, but a proper education is never a bad idea, especially when you?re putting your money on the line. Investing in books, videos and seminars is a great plan if those things work for you and you feel that you are prepared properly and adequately for Forex trading once you?ve completed the material. If this is the case, then it is money well spent. Most people, however, end up with more questions from these sources than answers.

This is why I suggest a mentor to assist you in the process of learning Forex. A mentor is a teacher, guide and companion on your journey. A Forex mentor is someone who will use his experiences in Forex trading to teach you the necessary skills to be successful. He will use his past successes and failures as examples to help you get started. He will help you identify your best method of learning and choose materials that will assist you according to what you need. A mentor will save you countless hours of research that will not help you as well as thousands of dollars purchasing ineffective material. You are also likely to find that you are making profitable currency trades much sooner than you would have been without utilizing the services of a mentor. ( Part II )

Learning Forex – Find The Right Training Course
  • July 15, 2020


Once you've got a basic understanding of Forex currency trading, it's vital to expand your knowledge even further. After all, Forex is an extremely complex and wide ranging subject.

Unlike traditional stock trading you don't just need knowledge and experience of one company or one industry, you need to develop a global knowledge of various currencies and how different international factors will shift the price of one currency in relation to another.

And one of the best ways to do this is to take a course on Forex currency trading. There are many experienced Forex traders all over the globe who provide training courses for people who are new to currency trading.

A quality Forex investment course will teach you the basic skills that are required to become a successful Forex trader, including how to;

a) Understand the basic principles behind Forex currency trading

b) Identify market trends and learn how to take advantage of them

c) Decide when to open and close various trading positions

d) Manage risk and safeguard open positions

e) Interpret economic and political events that influence global currency prices

f) Make consistent profits that will allow you to construct a valuable and balanced portfolio of investments

g) Think for yourself and develop your own trading system

The right course it will help you to develop trading skills that will last a lifetime. It might also help you to avoid losing money initially when you lack experience. Ultimately, it's best to view it as an investment in yourself rather than an expense.

Now it's just a question of finding the right training course for your needs.

Broadly speaking, Forex courses are available in one of two forms; face to face teaching and online interactive training.

Face to face teaching is a more in-depth way of learning how to trade Forex. These courses generally take place in small groups and focus more on the theory of currency trading. But if you can find the right teacher and pay them enough money, it is possible to receive one to one Forex training. Just make sure that you choose someone with a successful track record as a Forex investor.

Alternatively, there are numerous online courses available which provide you with both teaching materials and interactive training websites that will allow you to gain valuable trading experience without risking your capital. These online courses also tend to be cheaper than courses that you attend in person and place more emphasis on the practical aspects of currency trading.

But whatever option you choose, there are certain factors that all good Forex training courses should provide.

1) General Principles And How To Use Them

Good Forex training will teach you all the important principles. But more than that, the best Forex courses will teach you to think for yourself. Now although you might be looking for a course that will pour all the right answers in your ear, in the long run, this will not be in your best interests.

The best courses will give you the general framework and teach you how to think for yourself so that you can apply these principles to any situation that you face.

And it has to be that way. Just think about it. If it was possible to become a successful Forex trader by following a simple set of instructions, the whole world would be doing the same thing.

2) A Balance Between Theory And Practice

There should be a good balance between the theoretical side of currency trading and the practical side of buying and selling currency. Too many Forex courses fail on this point because they devote most of their time to the theory of currency trading.

The best courses will help to expand your knowledge of the practical workings of the Forex market. They will teach you to understand the practical aspects of identifying trading opportunities, placing orders and closing positions. This will provide you with invaluable practical experience and allow you to begin developing your own trading strategy.

3) Real Time Trading Experience

Personal experience of making real time trading decisions is a vital part of any Forex training. Courses that provide an online trading system and a high level of personal support are good signs of a worthwhile training investment. These features will help to prepare you for your first venture into the real world of international Forex trading.

The best training courses will provide you with a bridge between learning the theory of Forex and making real trading decisions backed by your own money.

Most courses tend to focus on how to trade the US Dollar relative to other global currencies, as this is the most popular part of the Forex market. However, as your experience grows you should be able to expand your scope of knowledge to trade confidently in a broader range of international currencies.

4) Confidence Building

A Forex trading course should also provide you with both the ability to make your own decisions and the confidence to put them into action. Let's face it, Forex trading is all about taking and managing risk. So it's impossible to become a successful Forex trader unless you have confidence in your decision making abilities.

However, a Forex course is only part of your overall currency trading education. And as such is should be seen as a useful way to gain additional knowledge and some valuable trading experience that will make you a more confident trader. A Forex trading course should not be seen as a magic key to making vast amounts of money without any work.