Want To Trade A Market That’s Open 24/7, Has High Leverage And Low Transaction Costs?

The forex offers all this and more but you must approach it with caution.

Dear Trader,

It never used to be possible… Historically, small time speculators and investors weren't able to trade the Forex market.

The minimum transaction sizes and strict financial requirements were so steep, that Forex trading was left to banks and major currency dealers. As such, they were the only ones who took advantage of the incredible liquidity and strong trending nature of this market.

Fortunately, new technology has allowed foreign exchange market brokers to break down the barriers and let smaller traders have a piece of the action.

This is good news when you consider that Forex market (by its very nature) is always in a ‘bull market’

You see, currencies always trade against one another. If one currency isn't doing as well, that means the opposite currency is doing that much better. For the smart trader, this means there is always a ‘bull market’ opportunity.

While it's not the same as trading in stocks or futures, with some guidance, you too can jump into this never-ending bull market.

So, if you're ready to take on currency exchange trading, you're going to need a crash course in how things work in this neck of the woods. And that’s where this website will help…

I’ve managed to secure the rights to republish a guide called “Successful Forex Trading”. It’s by no means a definitive guide - instead it covers all the basics to ensure you start off in the right direction.

So, if you’d like to know more about this phenomenal market... please click here

Tips to Make Money Fast in Forex

This is all about making a fortune with Forex. Most traders just go with the flow and make average gains, with this article you will learn what makes some traders stand out and a lot richer than others!

We are going to assume that you know how to trade, and has quite an experience in trading.

With simple changes in your trade selection, money and risk management, and mindset, you can change that average gains into larger ones!

Fast money is in Forex, it is a lifestyle. here is it how its done.

Tip 1 . Embrace Changeability and Risk With a Smile

Forex systems have instability.

If you cannot manage and calculate your risk, then don't ever think about trading in Forex. Many traders back away from forex because of this ( why do you even traded in the first place?). But taking manageable risks has its rewards.

It's just simple, you know what your losing if ever it doesn't work out, yet what you gain is unpredictable but sure is high! That is what I call excitement, my friend.

To a well-educated Forex trader, this is something you shouldn't be afraid of, might as well embrace it.

Tip 2. Trade Less, gain more

Most traders think that if they don't trade, another door has closed, or miss some move. The tendency, they trade frequently. Most of the trades that come big come a few times in a year. Focus on the trades that make the really big gains. Be alert, and informed.

Tip 3. Diversify is a no-no

Most Investors accept the fact that diversification can make money fast - in reality it does exactly the opposite.

Tip 4. Money and Risk Management

This article has been concentrating on the Big gains, because this is your money, so every penny should be controlled, this is where money management kicks in.

Control your risks, but increase your chances of success:

- Give yourself staying power by buying options at or in the money, this prevents you from getting stopped out. Many traders lose not by the market direction, but because they were stopped out by a instable move, and options will give you staying power.

- Keep your stop in its original position - until the move is well in profit, before moving it up.

- Trading fast and selectively - have the courage to trade when you feel it is good. and enjoy the cash.

Tip 5. Compound growth has its benefits

The way to make money fast in forex, is to understand the power of compound growth. For example, if you target 50% a year in your trading, you can grow an initial $20,000 account, to over a million dollars, in under 10 years.

Break the norm, and gain more. Follow some of these tips and make your way into the big gains!

by Ryan Joseph Ferrer

#1 Forex Study Course

Forex trading requires special skills

The forex market is by far the world's most volatile market. It is also the most unpredictable market where all trading happens in real time. Forex trading, therefore, becomes a major challenge for even the most experienced forex bankers and traders. They have to study and analyse scores of factors before going ahead with a trade.

Earlier, only large banks were allowed to trade in currencies. Today anyone can become a forex trader. This has added to the liquidity in the market, and added to the number of individuals, speculators, traders and brokers active in the market.

A trader must remember that foreign trade is all about timing. Those who understand the market better do well; the others end up making losses.

Interestingly, there are no time zones or boundaries in the forex market. The trading starts early in Sydney every morning and travels through Asia and Europe to the US. This is why it is said that the forex market never sleeps. There is someone or some organisation always trading in foreign currency in some market or the other.

All these markets work seamlessly. There is no central location from where trading in currency is conducted. The major centers are London, New York and Tokyo. In fact, during one part of the day – that is from 1 p.m. GMT to 4 p.m. GMT – the traders go in a frenzy because this is the time when the working of the US and European markets overlap. The volumes of currency that get traded during this period jumps; so does the number of trades.

Forex traders rely on several parameters to conduct their trade. The more successful or experienced traders follow their instincts based on years of experience of trading in the forex market. The less experienced or the more technology-inclined ones use software that can chart market movements. Based on these charts, the traders arrive at entry and exit points. The traders who are not technology-savvy buy trading signals from online brokerages or forex research firms. They also use brokers to guide them in their day-to-day trades.

To succeed in forex trading a trader needs a smart forex trading strategy. Individuals who enter the market in the hope of making quick money invariably end up getting their fingers burnt. The same is true of forex traders who trade without a clear strategy. They either exist on the margins or make frequent losses. The trading strategy varies from trader to trader. A day trader is more concerned about the day-to-day market fluctuations than a long term or a swing trader. Therefore, the first thing that a trader needs to decide is what kind of trader he is, or wants to be, and then plan the trading strategy.

An important goal should be to limit the losses. This is an important part of any trading strategy, and must be followed religiously. A day trader may place smaller stops while swing traders may adopt less restrictive stops. Such a strategy helps traders cut their losses significantly.

It also makes sense to plan the transaction sizes so that multiple trades can be transacted on any given trading day instead of placing all the bets on one transaction. Such a strategy reduces the chances of making losses, and brings in more discipline in trading.

Since the market does not always provide good trading opportunities, a trader should follow his trading strategy in a disciplined way. After all it is no use losing money by transacting wrong trades.

Finally, the successful traders are those who treat forex trading as a business. They spend time and effort acquiring knowledge about the way the forex markets work, factors that affect forex trade and the software and services they need to chart market movements.

They also keep track of what other forex traders are doing. Such a strategy provides them useful insights, and enables them to plan their trade better.

Trade on spreads as low as 1-2 pips, commission-free

Trade currencies and spot gold at FOREX.com. Dealing spreads are as low as 1-2 pips on the most widely traded currency pairs. As always, you pay no commissions at FOREX.com, only the bid/offer spread. And with our fractional pips, you gain an extra digit of precision so that you can take advantage of smaller price movements.

Plus, you can enter orders at any price - even inside the spread - and trade around news events, major economic announcements and other times of high market volatility.

Learn more about pricing and spreads.