Fx managed accounts

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People who want to invest in the highly liquid and potentially extremely profitable foreign exchange market sometimes resort to FX managed accounts.

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Fx managed accounts

  1. 1. Forex ( FX ) Managed Accounts http://www.FishingForexPips.com By James TaylorCopyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  2. 2. People who want to invest in the highly liquidand potentially extremely profitable foreignexchange market sometimes resort to FXmanaged accounts. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  3. 3. This is to avoid the cumbersome task (at leastto these investors) of learning the seeminglycomplicated basics including such terms asindicators, charts, timeframes, and othertechnical details that one needs to know tohelp achieve investment success. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  4. 4. Managed accounts are simply investoraccounts used in forex trading that aremanaged by a professional trader. Theseaccounts are paid for or financed by individualinvestors. Usually, the results are better thanthose investments directly done by new orinexperienced investors themselves. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  5. 5. Basically, there are two types of forexmanaged accounts – robot or human(employee), with each one having distinctpros and cons. It is up to the investorstherefore, to evaluate which type of FXmanaged account will be best for theirparticular investment needs. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  6. 6. • The Robot- Managed Account Also known as the automated account, this is a computer program that is developed by experienced professionals in the forex markets. This is intended to simplify the investment process for individual clients. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  7. 7. The program takes into consideration allavailable statistics and indicators fed to it inmaking trading moves. In short, the robottrades based on the signals that it receives. Arobot does not have human instinct which cancause emotional trading. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  8. 8. This can be a good thing as most of the tradesit makes are well-calculated and generallysafe. However, the human factor that cansometimes be necessary to take advantage ofobviously highly profitable trades is notpresent because it is not programmable. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  9. 9. This will only be possible if the trader isexperienced enough to listen to his tradinginstincts for some particular situations whensignals may indicate otherwise. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  10. 10. • The Employee (Human)-Managed Account In this type of managed account, an individual investor secures the services of an experienced forex trader, preferably with a track record of success, to make the trades for the investor. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  11. 11. In some respects, the employee can proveequal to the robot simply because theprograms are developed by similarprofessional traders. The robot’s trading styleoftentimes takes the form of the developer’sown style and trading preferences. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  12. 12. Instinctive placements are possible in thistype of account. However, since a humanmanages it, there is always the possibility ofmiscalculations or of making emotionalmoves, Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  13. 13. although the risk for this is relatively low sinceprofessional traders are trained to be lessemotional in making their investmentdecisions. An employee managed FX accountcan also cost more in terms of commissionsand other fees. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  14. 14. • Why Use a Managed Account Forex trading may entail a lot of work and can sometimes be time-consuming. A lot of money is involved in the trading worldwide which means that a lot of money changes hands, lost, and gained every day. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  15. 15. In the hands of an experienced trader, yourmoney has better chances of making a profit.Of course, you can do a better job doing thetrades yourself than through an FX manageaccount if you have the right experience,knowledge and skills – things that a lot ofinvestors do not have. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  16. 16. FREE Forex Strategy To Make Hundreds Of Pips! Free Gift: Fishing Forex Pipss Indicator System [ Worth $197 ]http://www.FishingForexPips.com/Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.

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