nugraha's Blog
Category Forex
Make Money Fast - A Specific Easy Method For Huge Gains If you want to make money quickly and have a few hundred dollars seed capital the method enclosed will work and make you a lot of money and you are going to use a method that anyone can use and learn to leverage your money. So here it is your method to make money fast. It’s trading global currencies and before you say that’s to hard risky or expensive consider this Anyone can learn to trade currencies and we will give two examples that can make triple digit profits in a moment but for now let’s consider these facts: Forex trading is so lucrative because you can start with small stakes (just a few hundred dollars) and you can leverage your money 200 times over. Open an account with $500 and your broker will let you trade $100,000. Of course leverage can work for you and against you but if you can enter at the right time and let your profits run the potential is huge! So what currencies should you trade to make big profits? Let’s look at an example The Canadian Dollar is offering savvy investors huge profits at present and the reasons are common sense. Just using a buy and hold method in this currency could yield triple digit gains per annum and if you look at a Forex chart you will see the big gains that have already been made. This is not a clever strategy, its common sense. Let’s look at why this strategy could be so lucrative. Canada has the second largest known reserves of oil in the world - only Saudi Arabia has more. Furthermore, Canada has been the largest supplier of oil to the USA for the last 7 years, supplying more than Saudi Arabia and the demand for oil and other metals and commodities that Canada produces are in high demand. The US economy is highly sensitive to world commodity price increases and a rise in price puts pressure on the US dollar while the Canadian dollar as a commodity producer strengthens. The outlook If you look at the Canadian dollar in recent years, you will see how much money could have been made and the outlook has not changed - the Canadian dollar is in a bull run that looks set to continue for years to come. Consider this an investment with no leverage would have made impressive gains add leverage in and you have the potential to make triple digit annual gains. Buying the dips in the Canadian dollar is a sound long term way to seek big profit potential and you don’t need much to get started - throw in leverage and you have a simple strategy that can make money fast. Look at a chart of the Canadian Dollar V US Dollar and see the potential for yourself and you may be glad you did. About the Author WHAT CURRENCIES COULD MAKE TRIPLE DIGIT GAINS? FIND OUT! Find out how to he a succesful currency trader from home and The best forex trades for triple digit gains visit our website at: http://www.learncurrencytradingonline/index.html ---oOo---
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How to Minimize Your Losses And Sky-Rocket Your Profits Trading by Okafor Nwabueze When you open your trading station software (provided to you for free by your broker, you will find there are two main ways to enter a market or, said in another way, there are two ways to place an initial order to buy or sell any currency pair. (After we discuss the market and entry order, we'll discuss how to minimize your losses and sky-rocket your profits Market Order - an order to buy or sell a currency pair at the market price the instant that the order is received and processed (within seconds of hitting the "OK" button on your screen). When a market order is placed, you are simply saying "I'll but or sell the currency pair at whatever price it is at when my order gets processed." Example: if you are looking to place an order for JPY (YEN) when the dealing price is 104.00/05, a market order will request to buy JPY at 104.00 or will request to sell JPY at 104.05 (of course, whether you buy or sell it is up to you and is chosen on the software drop down box. And, again, once you've made your selection, this order is placed with a single click and is executed almost instantly). Entry Order - an order to buy or sell a currency pair when it reaches a certain price target. This can be any price in theory. You could set an entry order for the low price of a time period, or the high price of a time period. When you place an entry order to buy, for example, you are simply saying "I want to buy this currency pair at a certain price, if it never reaches that price, I don't want to purchase the pair." Example: the current "real-time" quote for the EUR/USD is 1.3317. your analysis shows that IF the pair hits 1.3329 (a key resistance point) that there's a high-probability the pair will turnaround (retrace down) so you decide to place an entry order to sell the EUR/USD at 1.3327. The entry order above shows you how you are fully-empowered to pick a price and place an order to sell at that price. If the market hits 1.3327...great, you now have an OPEN position and, as long as the EUR/USD pair keeps dropping and you close out (exit) your trade at a price lower than 1.3327, you make money. And, if you don't get in the trade, via your entry order, don't worry. New trades are constantly developing and if your order entry doesn't get filled you can't lose any money. Learn not to be upset when an entry order isn't filled. You are saved most of the time anyway because the currency pair did the opposite of what you though and you would have lost money, most likely, if it did get filled. Remember, when orders are not filled, it means you never risked any money! If you want to minimize your losses and sky-rocket your profits, I will recommend you enter the market via entry orders. It has been proven over and over again that you tend to accumulate more profits than losses when you entry the market via entry orders.
About the Author For Free Forex Trading Systems, Signals, visit www.workathome-ng.com Sorry, but the blog post could not be located.
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Forex Scalping Systems - Why You Will Lose All Your Money Quickly by Kelly Price Wherever you look on the net you will say adverts for forex scalping and day trading systems which promise regular profits that can make you rich but there is a problem, none of them work, because forex scalping is based on logic that simply is not correct... The problem of course is prices are determined by humans and I such short time spans as a day you have no way of knowing which way prices are going to go. Millions of traders all using different methods and governed by the emotions of greed and fear cannot be predicted in such short time spans. This means that daily volatility is random, prices can and do go anywhere in a day and support and resistance is meaningless. You will always see track records that make huge profits presented but they are all done knowing the closing prices! Let's face it if a track record looks to good to be true it normally is and this applies to forex scalping and day trading systems. You can simply look for a disclaimer and you will normally find this one or similar on any track record. "CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN". Of course if we all knew today's prices in advance, we would all be rich but we don't. Forex trading is harder - you have to trade going forward not backwards. Vendors who sell these systems simply use hyped copy and a simulated track record to appeal to naïve or greedy traders - they know the system doesn't work, so they don't bother trading it - they simply make up a track record. Despite the hype, forex scalping doesn't work and you need to trade the odds to win and that simply is not possible in short time frames. There are two ways to make money in forex trading, you can either swing trade which takes advantage of trends that last for a few days to a few weeks, or long term trend follow which takes advantage of moves that last for weeks or months. If you want to enjoy currency trading success, you need to trade the odds - to do this you must have valid data and data within a day or less is not valid. Forex trading is not easy and you wouldn't expect it to be with the rewards on offer but if you learn forex trading the right way and spend some time on your forex education, you can make big profits and for the effort you put in no other business offers you more in terms of rewards. So forget forex scalping systems and look to trade the odds, using valid data and this will lead you to currency trading success.
About the Author NEW! 2 X FREE TRADER PDFS & PROFESSIONAL TRADER COURSE For a wealth of free forex education, currency trading course, free PDF's and more on Currency Trading Basics visit our website at: http://www.learncurrencytradingonline.com  Forex, Scalping, Systems, Why, You, Will, Lose, All, Your, Money, Quickly |
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