Golden Rules

  Never borrow and invest/trade in Share Market

  Do not over trade

  Before entering trade always calculate risk involved

  Maximize Your Profits, Not the Number of Trades.

  Make good decisions and winning will take care of itself.

  Be Patient Enough to Wait for Good Trades.

  Consider your account size for appropriate trading.

  Cut Losses Early, Protect Profits with Trailing Stops.

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Forex 4 Beginners


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What is Forex ?

The Foreign exchange market (FOREX) is the biggest market in the world. Daily turnover exceeds 2.7 Trillion USD, that makes it three times larger than the stocks and bonds markets put together.

Forex is an Over The Counter (OTC) market which does not have a specified place of residence - i.e. "Floor" of any stock exchange. The market consists of banks, brokerage houses and other enterprises systems interconnected by computer and communication networks, including the Internet. The lack of a specified physical location for the FOREX market allows it to work 24 hours a day, 5 days a week. All the developed countries in the world contribute to its existence. The main centers of FOREX transactions are London, New York and Tokyo.

The great number of participants makes FOREX the most liquid financial market in the world and practically impossible to manipulate even for central banks of the most developed countries. For this reason, traders who are able to properly predict future price movements can achieve significant profits on the market.

To date this currency market was accessible only to major players like banks, investment funds, large companies or wealthy private investors. Nowadays, thanks to licensed electronic trading, even individual investors can take a part in trading FOREX worldwide.

THE MAJORS:

Seven currencies are the most actively traded of the world’s monies, and they are called

€ Euro (EUR)
$ U.S. dollar (USD)
£ British pound (GBP)
¥ Japanese yen (JPY)
F Swiss franc (CHF)
C$ Canadian dollar (CAD)
A$ Australian dollar (AUD)

There are hundreds more which can also be traded, of course, including the Indian Rupee or “RS.”, the Mexican peso, and so on......


About forex managed accounts

Forex managed accounts are opened only under the clients name and a limited power of attorney form gives us the permission to trade the account for the client. Thus leaving the client with full rights to his accounts, and without worries as we take full care of the account. The explained above gives the client the unique advantage of funds safety (as only the clients has access to his funds), and professional trading on his account (our auto traders take care of everything).

Leaving you free to concentrate on what has earned you your wealth in the first place.