The document discusses the Forex market and argues that it has transitioned from a spontaneous market to a controlled market. It provides examples of how currency values changed unexpectedly during major events like Hurricane Katrina in 2005. It criticizes the view of some that the Forex market is chaotic, and argues that large financial institutions and governments now control currency rates and the "game" of the Forex market. The document recommends traders develop their own trading systems that work against the general rules promoted to most traders.
This document summarizes the impact of major stock market scams in India, including causes, effects, and regulations made in response. It discusses several major scams such as the Harshad Mehta scam of 1992, the Ketan Parekh scam of 2000-2001, and the Satyam scam of 2009. These scams eroded investor trust and had significant negative effects on stock prices. In response, regulations were implemented to improve disclosure requirements, increase oversight of company boards, and monitor investment patterns to prevent undue market manipulation. Suggestions are provided to strengthen financial institutions, increase transparency, and curb future scams.
Identifying order and disorder in chaotic market with elliott wave trendLeadingTrader21
We have briefly covered four main characteristics of a chaotic system. Stock and
forex market are the live example of a chaotic system. Order and disorder in
chaos theory describe that the financial market can transition from order to
disorder or from disorder to order. Order and disorder are highly related to the
predictability and unpredictability of market. Ordered market is much easier to
predict whereas disordered market is hard to predict. Every trader will agree
that sometimes market is easy to predict with some simple technical analysis.
Sometimes, the market is almost unpredictable no matter what kind of
information or analysis on your hands. If you felt this, then you are probably
right. This is the corresponding behaviour of order and disorder described in
chaos theory.
As a trader, your will be better off to avoid highly disorder market but to trade
on highly ordered market. Unfortunately, order and disorder does not provide
the rigid binary states, where you can pick up one or the other. We can only tell
that degree of order and disorder. For educational purpose, I always like to
present Hurst exponent. Hurst exponent will provide the some indication if the
market is predictable or not predictable.
The document describes a company called Sheridans that provides low-cost, temporary cardboard furniture for experimental retail spaces. The furniture is lightweight, flat-packed for easy assembly and transport, and recyclable. It allows brands to quickly set up temporary retail sites to test merchandising strategies before investing in permanent structures. The furniture comes in a range of options for color, theme, finish, and can incorporate lighting and different display designs like stacked boxes or v-groove shapes. Concept designs are provided showing potential layouts using the furniture pieces.
This document provides an overview of modern market making. It discusses the economics and microstructure of market making, the roles played by market makers in providing liquidity. It describes the process of market making, where market makers set bid and ask prices to facilitate trades between buyers and sellers. Recently, there has been a shift to electronic market making, where algorithms and computer programs set prices instead of humans. The document focuses on pricing models used by electronic market makers and compares different models. It examines alternatives to traditional market making and provides a conclusion on the topic.
This document discusses short selling versus naked short selling. It defines short selling as borrowing shares to sell with the expectation that the price will fall so they can be bought back at a lower price. Naked short selling is defined as illegal because it involves selling shares that are not actually owned. The document also examines the uptick rule versus mark-to-market accounting and which may be more effective during a financial crisis. It provides background on hedge funds and how some engaged in market manipulation through naked short selling, which some argue contributed to the troubles of firms like Bear Stearns and Lehman Brothers.
The Facts and Fictions of the Securities IndustrySam Vaknin
This document contains an introduction to a book on the securities industry. It discusses several concepts related to valuing stocks and companies, including market capitalization, management compensation, cash flows, risk, liquidity, and various valuation models. It notes that the value of stocks is based on expected future cash flows from the company, securities markets, and current market participants. Stock prices reflect risks related to the specific company as well as broader market risks. Valuation requires estimating future dividends, earnings, or free cash flows and discounting them to arrive at a present value. The document also briefly discusses the process of due diligence required when attracting foreign investment.
This document introduces topics that will be covered in a course on financial markets and institutions. It provides an overview of why these topics are important to study, including how financial markets and interest rates impact individuals, businesses, and the economy. The three main financial markets discussed are the bond market, stock market, and foreign exchange market. The roles of the Federal Reserve, central banks, and other financial institutions are also introduced. The document outlines how the course will use analytical frameworks, case studies, problems, and web exercises to explore these concepts.
The document provides an overview of indexes, currencies, and strategies for trading in the forex market. It defines what indexes are and lists examples such as the Dow Jones, S&P 500, FTSE 100. It then explains how currency exchange works, including different types of transactions like spots, forwards, swaps, and futures. Key factors that influence currency rates are also outlined, such as economic performance, interest rates, and political events. The document concludes by listing strategies for analyzing markets, managing risk, and becoming a successful forex trader.
This document summarizes the impact of major stock market scams in India, including causes, effects, and regulations made in response. It discusses several major scams such as the Harshad Mehta scam of 1992, the Ketan Parekh scam of 2000-2001, and the Satyam scam of 2009. These scams eroded investor trust and had significant negative effects on stock prices. In response, regulations were implemented to improve disclosure requirements, increase oversight of company boards, and monitor investment patterns to prevent undue market manipulation. Suggestions are provided to strengthen financial institutions, increase transparency, and curb future scams.
Identifying order and disorder in chaotic market with elliott wave trendLeadingTrader21
We have briefly covered four main characteristics of a chaotic system. Stock and
forex market are the live example of a chaotic system. Order and disorder in
chaos theory describe that the financial market can transition from order to
disorder or from disorder to order. Order and disorder are highly related to the
predictability and unpredictability of market. Ordered market is much easier to
predict whereas disordered market is hard to predict. Every trader will agree
that sometimes market is easy to predict with some simple technical analysis.
Sometimes, the market is almost unpredictable no matter what kind of
information or analysis on your hands. If you felt this, then you are probably
right. This is the corresponding behaviour of order and disorder described in
chaos theory.
As a trader, your will be better off to avoid highly disorder market but to trade
on highly ordered market. Unfortunately, order and disorder does not provide
the rigid binary states, where you can pick up one or the other. We can only tell
that degree of order and disorder. For educational purpose, I always like to
present Hurst exponent. Hurst exponent will provide the some indication if the
market is predictable or not predictable.
The document describes a company called Sheridans that provides low-cost, temporary cardboard furniture for experimental retail spaces. The furniture is lightweight, flat-packed for easy assembly and transport, and recyclable. It allows brands to quickly set up temporary retail sites to test merchandising strategies before investing in permanent structures. The furniture comes in a range of options for color, theme, finish, and can incorporate lighting and different display designs like stacked boxes or v-groove shapes. Concept designs are provided showing potential layouts using the furniture pieces.
This document provides an overview of modern market making. It discusses the economics and microstructure of market making, the roles played by market makers in providing liquidity. It describes the process of market making, where market makers set bid and ask prices to facilitate trades between buyers and sellers. Recently, there has been a shift to electronic market making, where algorithms and computer programs set prices instead of humans. The document focuses on pricing models used by electronic market makers and compares different models. It examines alternatives to traditional market making and provides a conclusion on the topic.
This document discusses short selling versus naked short selling. It defines short selling as borrowing shares to sell with the expectation that the price will fall so they can be bought back at a lower price. Naked short selling is defined as illegal because it involves selling shares that are not actually owned. The document also examines the uptick rule versus mark-to-market accounting and which may be more effective during a financial crisis. It provides background on hedge funds and how some engaged in market manipulation through naked short selling, which some argue contributed to the troubles of firms like Bear Stearns and Lehman Brothers.
The Facts and Fictions of the Securities IndustrySam Vaknin
This document contains an introduction to a book on the securities industry. It discusses several concepts related to valuing stocks and companies, including market capitalization, management compensation, cash flows, risk, liquidity, and various valuation models. It notes that the value of stocks is based on expected future cash flows from the company, securities markets, and current market participants. Stock prices reflect risks related to the specific company as well as broader market risks. Valuation requires estimating future dividends, earnings, or free cash flows and discounting them to arrive at a present value. The document also briefly discusses the process of due diligence required when attracting foreign investment.
This document introduces topics that will be covered in a course on financial markets and institutions. It provides an overview of why these topics are important to study, including how financial markets and interest rates impact individuals, businesses, and the economy. The three main financial markets discussed are the bond market, stock market, and foreign exchange market. The roles of the Federal Reserve, central banks, and other financial institutions are also introduced. The document outlines how the course will use analytical frameworks, case studies, problems, and web exercises to explore these concepts.
The document provides an overview of indexes, currencies, and strategies for trading in the forex market. It defines what indexes are and lists examples such as the Dow Jones, S&P 500, FTSE 100. It then explains how currency exchange works, including different types of transactions like spots, forwards, swaps, and futures. Key factors that influence currency rates are also outlined, such as economic performance, interest rates, and political events. The document concludes by listing strategies for analyzing markets, managing risk, and becoming a successful forex trader.
The document provides an overview of online forex trading for new investors. It explains that forex trading involves exchanging currencies from around the world and represents the largest financial market. The guide covers basic forex concepts like currency pairs, bid/ask prices, pips, leverage, and factors influencing currency values. It does not attempt to make the reader an expert or teach advanced technical analysis, but rather aims to give newcomers an understanding of forex fundamentals and help them decide if further education is warranted.
The document discusses the foreign exchange (forex) market. It covers topics like what forex is, common currency pairs traded, the size and liquidity of the forex market, and some of the risks involved in forex trading. The forex market allows for trading of currencies globally with no holidays or breaks. Major currency pairs include EUR-USD, USD-JPY, GBP-USD, and others. The daily trading volume in the forex market reached about $4 trillion last year, demonstrating its massive size and high liquidity. However, forex trading also carries risks since currencies can fluctuate unpredictably.
The carry trade is an investment strategy that involves borrowing in currencies with low interest rates and investing in currencies with high interest rates. The aim is to profit from interest rate differentials. Typically, the Japanese yen is used as the funding currency due to its low yields, while currencies like the US dollar that have higher yields are the target currencies. The main risk of the carry trade is currency risk, as exposure exists to the high-yielding currency depreciating against the funding currency.
The document proposes a new method called Market Behavior Analysis (MBA) for identifying trends and stages of trends in financial markets. The MBA models fuse technical analysis and behavioral analysis by developing a proprietary indicator. The indicator breaks markets into 5 stages: Long, Richly Priced, Correction, Short, and Deeply Sold. Charts are presented showing the MBA indicator can successfully identify trends and stages across different asset classes over various time periods. The indicator aims to help investors identify opportunities for long term appreciation as well as know when to exit positions that may be entering correction or decline stages.
This eBook by Jim Wyckoff provides traders with visual clues to help spot trends and reversals on charts. It discusses 10 chart patterns including:
1. The venerable trend line - Drawing trend lines along price highs and lows to identify trends. Breaking trend lines signals potential trend changes.
2. Support/resistance - Looking at past price history to identify common support and resistance levels, including zones, major tops/bottoms, and gaps. How the market reacts at these levels is important.
3. Retracements - Looking at "retracements" or counter-trend price moves within an existing trend to identify potential support or resistance areas where a correction may end and
This document discusses high frequency trading (HFT) and provides arguments on both sides of the debate around HFT's impact on stock markets. It begins by introducing HFT and explaining that HFT firms use complex algorithms and extremely high speeds, measured in nanoseconds, to execute trades. While HFT provides liquidity and pricing efficiency, critics argue it can disadvantage larger investors and the secrecy around HFT raises concerns. The document ultimately concludes that while HFT is a fragile system, evidence does not clearly support the view that HFT negatively impacts markets.
Trading the stock or commodities markets provides an opportunity for ordinary people to accumulate extraordinary wealth.Trading is not difficult to learn and many consider this to be the ultimate home business. Trading is a business that allows you to take control of your financial well being.
However, if you are going to be a trader of stocks or commodities the following elements are essential to your success.
Profits in the Stock Market By H. M. GartleySacred Traders
Gartley’s Stock Market Experience Tables, a full 123 page addition to the already large-Profits in the Stock Market makes this 474 pages of a book. Written in 1940, Gartley provides us with a complete study of what he calls Relative Velocity, which we now call Relative Strength.
Two full books in one, complete with a full packet of charts.
Profits in the Stock Market is more of a course in chart reading and stock trading, it comes with nearly 40 historical charts to refer to. We believe that Mr. Gartley and Mr. Gann may have known each other and although the chart reading and interpretation techniques within this book are different than what Mr. Gann teaches, there are moments of similarity that may help unlock some of Mr. Gann’s teachings. Still, this book stands on it’s own as one of the greatest chart reading and interpreting masterpieces of all time. Techniques taught can be applied to commodities. Due to the size of this book, including the large package of charts that come with it, this book should really be considered a course on chart reading.
Before being republished in 1981, copies of this 1935 classic were selling for $1800. Now the same text and very large package of accompanying charts are available again. In fact, the chart package alone is worth many times the cost of the book. This is one of the classic books written on the art of chart reading, chart interpretation and stock trading.
The fundamentals Mr. Gartley explains are as valid today as when they were formulated. Plus, the techniques taught can be applied to commodities trading, with some slight modification. Put the tested logic of this highly successful trader and this highly acclaimed book to work for you. A book/course that will compliment Mr. Gann’s teachings.
Some subjects covered are:
The Technical Approach
Charts – The Averages
A Chart Portfolio
Long Term and Major Trends
The Intermediate Trend
The Minor Trend
Tenets of the Dow Theory
Triangles
Trend Lines
Moving Averages
Volume
Oscillators
Caps
and much more. The Chart package includes nearly 40 large charts to follow and study. Truly a remarkable find for the serious trader.
https://sacredtraders.com/product/profits-in-the-stock-market-h-m-gartley/
Introducing Forex Foundry – Master the Forex Secrets of the Top Traders and Create Massive Wealth for Yourself. Inside this eBook, you will discover the topics about what is forex, about the new york stock exchange, what is traded, what are forex pairs, about the market size and liquidity, what is a spot market, what is futures trading, what are options trading, what are exchange-traded funds and the dangers of trading if you don’t know how.
What is forex trading ? Foreign exchange business is the exchange of assets, vehicles, etc. on the international market. If you are a long-time trader, determining what forex trading is is very simple. However, for those who are new to the forex market, this is not the case. Therefore, to help you better understand what forex trading is, I have compiled the most detailed information here.
Forex trading is the buying and selling of instruments, assets as well as payment instruments also known as foreign exchange. Foreign exchange will belong to organisations and individuals in the international market in order to make a profit between their price difference.
Previously, foreign exchange trading only took place between banking institutions, investment funds, etc. These organisations would do business under the direction of the State Bank owner for the purpose of implementing the country's monetary policy. . Besides, this business also meets the foreign currency needs of customers.
However, today with the development of technology, organisations and individuals are also entitled to participate in forex trading . This form is called trading on forex.
So what is forex trading? In essence, forex trading is a form of margin trading through an account and is opened at a broker. The net value of this account will continuously fluctuate according to asset values (gold, stocks, bonds, raw materials, commodities, ...). Traders will trade assets on their own accounts.
Forex trading is the buying and selling of instruments, assets as well as payment instruments also known as foreign exchange. Foreign exchange will belong to organisations and individuals in the international market in order to make a profit between their price difference.
Previously, foreign exchange trading only took place between banking institutions, investment funds, etc. These organisations would do business under the direction of the State Bank owner for the purpose of implementing the country's monetary policy. . Besides, this business also meets the foreign currency needs of customers.
However, today with the development of technology, organisations and individuals are also entitled to participate in forex trading . This form is called trading on forex.
So what is forex trading? In essence, forex trading is a form of margin trading through an account and is opened at a broker. The net value of this account will continuously fluctuate according to asset values (gold, stocks, bonds, raw materials, commodities, ...). Traders will trade assets on their own accounts.
The document discusses a shift from fundamental analysis to technical analysis in finance. It provides three examples to support this shift: 1) Global economics like the housing crisis can be explained by principles of greed, hope and fear in the markets. 2) The mainstream media can act as a contrarian indicator. 3) A brief assessment of financial markets using techniques like candlestick charts and point and figure charts shows the ease and predictability of technical analysis over fundamental measures. Technical analysis is gaining credibility from fields like sociology and psychology in explaining market movements based on factors like sentiment.
This document discusses how quant trading and dark pools have come to dominate the markets in Europe and beyond. It outlines how regulatory changes like MiFID led to growth in multi-lateral trading facilities and off-exchange trading between major banks and institutions. Now, over-the-counter markets with little transparency have much larger trading volumes than public exchanges. Traditional investors and day traders have little chance of success against high-frequency quant strategies that access non-public order flows and data. The landscape has changed dramatically and any trader ignoring these new realities does so at their own peril.
The document discusses the role and importance of stock markets. It notes that stock markets allow companies to raise capital and investors to gain ownership in companies. When economies are growing, stock markets generally rise as company profits increase, making shares more attractive. Conversely, stock markets tend to fall during recessions as profits decline. Over-the-counter markets serve as secondary markets for trading stocks not listed on major exchanges.
Forex Foundry.Master the foreign exchange secrets of top tradingfreedom8899
Manage Your Risk: It's important to have a risk management strategy in place that limits your exposure to potential losses. This can include setting stop-loss orders, using leverage responsibly, and diversifying your portfolio.
- There is no certainty in financial forecasting, especially in large liquid markets like FX. Market authorities often contradict themselves by saying trends will continue when markets are bullish but admitting they have no idea about future movements when markets turn bearish or volatile.
- FX rates are influenced by human sentiment, which is capricious. While some macroeconomic factors may influence rates, commentators' choice of explanatory variables and failure to consider full market context leads to oversimplified understandings that may influence trader behavior.
- Financial markets involve thousands of intelligent agents whose motivations are partly hidden but sometimes manifest in predictable patterns related to herd behavior, risk management, and profit-taking. Markets may have nonlinear patterns that statistical models
Introducing Forex Foundry - Master the Forex Secrets of the Top Traders and Create Massive Wealth for Yourself. Inside this eBook, you will discover the topics about what is forex, about the New York Stock Exchange, what is traded, what are forex pairs, about the market size and liquidity, what is a spot market, what is futures trading, what are options trading, what are exchange-traded funds and the dangers of trading if you don't know how.
Zimmerman an overview of conflicts between neoliberal economics and functiona...Brendan McSweeney
The document discusses conflicts between neoliberal ideology and functional markets. It argues that neoliberalism's premise that markets are perfect and self-correcting is flawed, as markets require framing, monitoring, and regulation to function properly. Markets face problems with uncertainty, and neoliberalism provides no means to address market failures or revise failing markets. The financial crisis demonstrates that neoliberal ideology failed to prevent systemic problems and contradicts how real-world markets operate.
Here Are Some Secret Techniques To Earn Massive Profits From Trading. Trading Can Make You Millionaire. Here Are Some Proven Ways To Earn Explosive Money From Trading.
FREE A4 Cyber Security Awareness Posters-Social Engineering part 3Data Hops
Free A4 downloadable and printable Cyber Security, Social Engineering Safety and security Training Posters . Promote security awareness in the home or workplace. Lock them Out From training providers datahops.com
The document provides an overview of online forex trading for new investors. It explains that forex trading involves exchanging currencies from around the world and represents the largest financial market. The guide covers basic forex concepts like currency pairs, bid/ask prices, pips, leverage, and factors influencing currency values. It does not attempt to make the reader an expert or teach advanced technical analysis, but rather aims to give newcomers an understanding of forex fundamentals and help them decide if further education is warranted.
The document discusses the foreign exchange (forex) market. It covers topics like what forex is, common currency pairs traded, the size and liquidity of the forex market, and some of the risks involved in forex trading. The forex market allows for trading of currencies globally with no holidays or breaks. Major currency pairs include EUR-USD, USD-JPY, GBP-USD, and others. The daily trading volume in the forex market reached about $4 trillion last year, demonstrating its massive size and high liquidity. However, forex trading also carries risks since currencies can fluctuate unpredictably.
The carry trade is an investment strategy that involves borrowing in currencies with low interest rates and investing in currencies with high interest rates. The aim is to profit from interest rate differentials. Typically, the Japanese yen is used as the funding currency due to its low yields, while currencies like the US dollar that have higher yields are the target currencies. The main risk of the carry trade is currency risk, as exposure exists to the high-yielding currency depreciating against the funding currency.
The document proposes a new method called Market Behavior Analysis (MBA) for identifying trends and stages of trends in financial markets. The MBA models fuse technical analysis and behavioral analysis by developing a proprietary indicator. The indicator breaks markets into 5 stages: Long, Richly Priced, Correction, Short, and Deeply Sold. Charts are presented showing the MBA indicator can successfully identify trends and stages across different asset classes over various time periods. The indicator aims to help investors identify opportunities for long term appreciation as well as know when to exit positions that may be entering correction or decline stages.
This eBook by Jim Wyckoff provides traders with visual clues to help spot trends and reversals on charts. It discusses 10 chart patterns including:
1. The venerable trend line - Drawing trend lines along price highs and lows to identify trends. Breaking trend lines signals potential trend changes.
2. Support/resistance - Looking at past price history to identify common support and resistance levels, including zones, major tops/bottoms, and gaps. How the market reacts at these levels is important.
3. Retracements - Looking at "retracements" or counter-trend price moves within an existing trend to identify potential support or resistance areas where a correction may end and
This document discusses high frequency trading (HFT) and provides arguments on both sides of the debate around HFT's impact on stock markets. It begins by introducing HFT and explaining that HFT firms use complex algorithms and extremely high speeds, measured in nanoseconds, to execute trades. While HFT provides liquidity and pricing efficiency, critics argue it can disadvantage larger investors and the secrecy around HFT raises concerns. The document ultimately concludes that while HFT is a fragile system, evidence does not clearly support the view that HFT negatively impacts markets.
Trading the stock or commodities markets provides an opportunity for ordinary people to accumulate extraordinary wealth.Trading is not difficult to learn and many consider this to be the ultimate home business. Trading is a business that allows you to take control of your financial well being.
However, if you are going to be a trader of stocks or commodities the following elements are essential to your success.
Profits in the Stock Market By H. M. GartleySacred Traders
Gartley’s Stock Market Experience Tables, a full 123 page addition to the already large-Profits in the Stock Market makes this 474 pages of a book. Written in 1940, Gartley provides us with a complete study of what he calls Relative Velocity, which we now call Relative Strength.
Two full books in one, complete with a full packet of charts.
Profits in the Stock Market is more of a course in chart reading and stock trading, it comes with nearly 40 historical charts to refer to. We believe that Mr. Gartley and Mr. Gann may have known each other and although the chart reading and interpretation techniques within this book are different than what Mr. Gann teaches, there are moments of similarity that may help unlock some of Mr. Gann’s teachings. Still, this book stands on it’s own as one of the greatest chart reading and interpreting masterpieces of all time. Techniques taught can be applied to commodities. Due to the size of this book, including the large package of charts that come with it, this book should really be considered a course on chart reading.
Before being republished in 1981, copies of this 1935 classic were selling for $1800. Now the same text and very large package of accompanying charts are available again. In fact, the chart package alone is worth many times the cost of the book. This is one of the classic books written on the art of chart reading, chart interpretation and stock trading.
The fundamentals Mr. Gartley explains are as valid today as when they were formulated. Plus, the techniques taught can be applied to commodities trading, with some slight modification. Put the tested logic of this highly successful trader and this highly acclaimed book to work for you. A book/course that will compliment Mr. Gann’s teachings.
Some subjects covered are:
The Technical Approach
Charts – The Averages
A Chart Portfolio
Long Term and Major Trends
The Intermediate Trend
The Minor Trend
Tenets of the Dow Theory
Triangles
Trend Lines
Moving Averages
Volume
Oscillators
Caps
and much more. The Chart package includes nearly 40 large charts to follow and study. Truly a remarkable find for the serious trader.
https://sacredtraders.com/product/profits-in-the-stock-market-h-m-gartley/
Introducing Forex Foundry – Master the Forex Secrets of the Top Traders and Create Massive Wealth for Yourself. Inside this eBook, you will discover the topics about what is forex, about the new york stock exchange, what is traded, what are forex pairs, about the market size and liquidity, what is a spot market, what is futures trading, what are options trading, what are exchange-traded funds and the dangers of trading if you don’t know how.
What is forex trading ? Foreign exchange business is the exchange of assets, vehicles, etc. on the international market. If you are a long-time trader, determining what forex trading is is very simple. However, for those who are new to the forex market, this is not the case. Therefore, to help you better understand what forex trading is, I have compiled the most detailed information here.
Forex trading is the buying and selling of instruments, assets as well as payment instruments also known as foreign exchange. Foreign exchange will belong to organisations and individuals in the international market in order to make a profit between their price difference.
Previously, foreign exchange trading only took place between banking institutions, investment funds, etc. These organisations would do business under the direction of the State Bank owner for the purpose of implementing the country's monetary policy. . Besides, this business also meets the foreign currency needs of customers.
However, today with the development of technology, organisations and individuals are also entitled to participate in forex trading . This form is called trading on forex.
So what is forex trading? In essence, forex trading is a form of margin trading through an account and is opened at a broker. The net value of this account will continuously fluctuate according to asset values (gold, stocks, bonds, raw materials, commodities, ...). Traders will trade assets on their own accounts.
Forex trading is the buying and selling of instruments, assets as well as payment instruments also known as foreign exchange. Foreign exchange will belong to organisations and individuals in the international market in order to make a profit between their price difference.
Previously, foreign exchange trading only took place between banking institutions, investment funds, etc. These organisations would do business under the direction of the State Bank owner for the purpose of implementing the country's monetary policy. . Besides, this business also meets the foreign currency needs of customers.
However, today with the development of technology, organisations and individuals are also entitled to participate in forex trading . This form is called trading on forex.
So what is forex trading? In essence, forex trading is a form of margin trading through an account and is opened at a broker. The net value of this account will continuously fluctuate according to asset values (gold, stocks, bonds, raw materials, commodities, ...). Traders will trade assets on their own accounts.
The document discusses a shift from fundamental analysis to technical analysis in finance. It provides three examples to support this shift: 1) Global economics like the housing crisis can be explained by principles of greed, hope and fear in the markets. 2) The mainstream media can act as a contrarian indicator. 3) A brief assessment of financial markets using techniques like candlestick charts and point and figure charts shows the ease and predictability of technical analysis over fundamental measures. Technical analysis is gaining credibility from fields like sociology and psychology in explaining market movements based on factors like sentiment.
This document discusses how quant trading and dark pools have come to dominate the markets in Europe and beyond. It outlines how regulatory changes like MiFID led to growth in multi-lateral trading facilities and off-exchange trading between major banks and institutions. Now, over-the-counter markets with little transparency have much larger trading volumes than public exchanges. Traditional investors and day traders have little chance of success against high-frequency quant strategies that access non-public order flows and data. The landscape has changed dramatically and any trader ignoring these new realities does so at their own peril.
The document discusses the role and importance of stock markets. It notes that stock markets allow companies to raise capital and investors to gain ownership in companies. When economies are growing, stock markets generally rise as company profits increase, making shares more attractive. Conversely, stock markets tend to fall during recessions as profits decline. Over-the-counter markets serve as secondary markets for trading stocks not listed on major exchanges.
Forex Foundry.Master the foreign exchange secrets of top tradingfreedom8899
Manage Your Risk: It's important to have a risk management strategy in place that limits your exposure to potential losses. This can include setting stop-loss orders, using leverage responsibly, and diversifying your portfolio.
- There is no certainty in financial forecasting, especially in large liquid markets like FX. Market authorities often contradict themselves by saying trends will continue when markets are bullish but admitting they have no idea about future movements when markets turn bearish or volatile.
- FX rates are influenced by human sentiment, which is capricious. While some macroeconomic factors may influence rates, commentators' choice of explanatory variables and failure to consider full market context leads to oversimplified understandings that may influence trader behavior.
- Financial markets involve thousands of intelligent agents whose motivations are partly hidden but sometimes manifest in predictable patterns related to herd behavior, risk management, and profit-taking. Markets may have nonlinear patterns that statistical models
Introducing Forex Foundry - Master the Forex Secrets of the Top Traders and Create Massive Wealth for Yourself. Inside this eBook, you will discover the topics about what is forex, about the New York Stock Exchange, what is traded, what are forex pairs, about the market size and liquidity, what is a spot market, what is futures trading, what are options trading, what are exchange-traded funds and the dangers of trading if you don't know how.
Zimmerman an overview of conflicts between neoliberal economics and functiona...Brendan McSweeney
The document discusses conflicts between neoliberal ideology and functional markets. It argues that neoliberalism's premise that markets are perfect and self-correcting is flawed, as markets require framing, monitoring, and regulation to function properly. Markets face problems with uncertainty, and neoliberalism provides no means to address market failures or revise failing markets. The financial crisis demonstrates that neoliberal ideology failed to prevent systemic problems and contradicts how real-world markets operate.
Here Are Some Secret Techniques To Earn Massive Profits From Trading. Trading Can Make You Millionaire. Here Are Some Proven Ways To Earn Explosive Money From Trading.
FREE A4 Cyber Security Awareness Posters-Social Engineering part 3Data Hops
Free A4 downloadable and printable Cyber Security, Social Engineering Safety and security Training Posters . Promote security awareness in the home or workplace. Lock them Out From training providers datahops.com
A Comprehensive Guide to DeFi Development Services in 2024Intelisync
DeFi represents a paradigm shift in the financial industry. Instead of relying on traditional, centralized institutions like banks, DeFi leverages blockchain technology to create a decentralized network of financial services. This means that financial transactions can occur directly between parties, without intermediaries, using smart contracts on platforms like Ethereum.
In 2024, we are witnessing an explosion of new DeFi projects and protocols, each pushing the boundaries of what’s possible in finance.
In summary, DeFi in 2024 is not just a trend; it’s a revolution that democratizes finance, enhances security and transparency, and fosters continuous innovation. As we proceed through this presentation, we'll explore the various components and services of DeFi in detail, shedding light on how they are transforming the financial landscape.
At Intelisync, we specialize in providing comprehensive DeFi development services tailored to meet the unique needs of our clients. From smart contract development to dApp creation and security audits, we ensure that your DeFi project is built with innovation, security, and scalability in mind. Trust Intelisync to guide you through the intricate landscape of decentralized finance and unlock the full potential of blockchain technology.
Ready to take your DeFi project to the next level? Partner with Intelisync for expert DeFi development services today!
HCL Notes and Domino License Cost Reduction in the World of DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-and-domino-license-cost-reduction-in-the-world-of-dlau/
The introduction of DLAU and the CCB & CCX licensing model caused quite a stir in the HCL community. As a Notes and Domino customer, you may have faced challenges with unexpected user counts and license costs. You probably have questions on how this new licensing approach works and how to benefit from it. Most importantly, you likely have budget constraints and want to save money where possible. Don’t worry, we can help with all of this!
We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model.
Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward.
These topics will be covered
- Reducing license cost by finding and fixing misconfigurations and superfluous accounts
- How do CCB and CCX licenses really work?
- Understanding the DLAU tool and how to best utilize it
- Tips for common problem areas, like team mailboxes, functional/test users, etc
- Practical examples and best practices to implement right away
Best 20 SEO Techniques To Improve Website Visibility In SERPPixlogix Infotech
Boost your website's visibility with proven SEO techniques! Our latest blog dives into essential strategies to enhance your online presence, increase traffic, and rank higher on search engines. From keyword optimization to quality content creation, learn how to make your site stand out in the crowded digital landscape. Discover actionable tips and expert insights to elevate your SEO game.
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-EfficiencyScyllaDB
Freshworks creates AI-boosted business software that helps employees work more efficiently and effectively. Managing data across multiple RDBMS and NoSQL databases was already a challenge at their current scale. To prepare for 10X growth, they knew it was time to rethink their database strategy. Learn how they architected a solution that would simplify scaling while keeping costs under control.
This presentation provides valuable insights into effective cost-saving techniques on AWS. Learn how to optimize your AWS resources by rightsizing, increasing elasticity, picking the right storage class, and choosing the best pricing model. Additionally, discover essential governance mechanisms to ensure continuous cost efficiency. Whether you are new to AWS or an experienced user, this presentation provides clear and practical tips to help you reduce your cloud costs and get the most out of your budget.
In the realm of cybersecurity, offensive security practices act as a critical shield. By simulating real-world attacks in a controlled environment, these techniques expose vulnerabilities before malicious actors can exploit them. This proactive approach allows manufacturers to identify and fix weaknesses, significantly enhancing system security.
This presentation delves into the development of a system designed to mimic Galileo's Open Service signal using software-defined radio (SDR) technology. We'll begin with a foundational overview of both Global Navigation Satellite Systems (GNSS) and the intricacies of digital signal processing.
The presentation culminates in a live demonstration. We'll showcase the manipulation of Galileo's Open Service pilot signal, simulating an attack on various software and hardware systems. This practical demonstration serves to highlight the potential consequences of unaddressed vulnerabilities, emphasizing the importance of offensive security practices in safeguarding critical infrastructure.
Building Production Ready Search Pipelines with Spark and MilvusZilliz
Spark is the widely used ETL tool for processing, indexing and ingesting data to serving stack for search. Milvus is the production-ready open-source vector database. In this talk we will show how to use Spark to process unstructured data to extract vector representations, and push the vectors to Milvus vector database for search serving.
Ivanti’s Patch Tuesday breakdown goes beyond patching your applications and brings you the intelligence and guidance needed to prioritize where to focus your attention first. Catch early analysis on our Ivanti blog, then join industry expert Chris Goettl for the Patch Tuesday Webinar Event. There we’ll do a deep dive into each of the bulletins and give guidance on the risks associated with the newly-identified vulnerabilities.
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...Alex Pruden
Folding is a recent technique for building efficient recursive SNARKs. Several elegant folding protocols have been proposed, such as Nova, Supernova, Hypernova, Protostar, and others. However, all of them rely on an additively homomorphic commitment scheme based on discrete log, and are therefore not post-quantum secure. In this work we present LatticeFold, the first lattice-based folding protocol based on the Module SIS problem. This folding protocol naturally leads to an efficient recursive lattice-based SNARK and an efficient PCD scheme. LatticeFold supports folding low-degree relations, such as R1CS, as well as high-degree relations, such as CCS. The key challenge is to construct a secure folding protocol that works with the Ajtai commitment scheme. The difficulty, is ensuring that extracted witnesses are low norm through many rounds of folding. We present a novel technique using the sumcheck protocol to ensure that extracted witnesses are always low norm no matter how many rounds of folding are used. Our evaluation of the final proof system suggests that it is as performant as Hypernova, while providing post-quantum security.
Paper Link: https://eprint.iacr.org/2024/257
Skybuffer SAM4U tool for SAP license adoptionTatiana Kojar
Manage and optimize your license adoption and consumption with SAM4U, an SAP free customer software asset management tool.
SAM4U, an SAP complimentary software asset management tool for customers, delivers a detailed and well-structured overview of license inventory and usage with a user-friendly interface. We offer a hosted, cost-effective, and performance-optimized SAM4U setup in the Skybuffer Cloud environment. You retain ownership of the system and data, while we manage the ABAP 7.58 infrastructure, ensuring fixed Total Cost of Ownership (TCO) and exceptional services through the SAP Fiori interface.
1. It is horrible to imagine what could happen to USD rate at the spontaneous market in this case. At
the controllable market of Forex USD rate would fall down just by 1-2%.
I hope that my opponents, who deny the existence of a system controlling Forex market, do
remember the elementary economical laws. The spontaneous market is a barometer that
establishes the real price of goods on the basis of the demand and supply (in the given case, it is
the real rate of exchange of any national currency).
The Episode #2 . The hurricane "Katrina" and the flood in USA on September 7, 2005. USD rate
stably increases. Chronicle of events.
As the result of the dam (dike) debacle, several states in USA become submerged. The industry,
agriculture and transport network were destroyed. There started panic not only among common
inhabitants but among officials of various ranks as well. Hundreds and thousands of people
perished. There were cases of looting. Many looters (and, maybe, just desperately hungry and
thirsty people) were shot by soldiers of USA army. The government of USA declared this
hurricane to be a disaster on a national scale. For the first time a new plan of civic defense was
introduced (see "BBC. The total chronicle of events").
"Katrina" was bringing USA to ruin. Senators from Louisiana asked $250 milliards from the federal
budget for getting over "Katrina" after-effects.
Thus, it is an illustrative example of the greatest natural cataclysms in USA in the last decades.
Even the poorest country in the world - Haiti - provided the financial help for USA ($ 36
thousands). The help of Ukraine made 1 million of hrivnias , etc.
What did happen to USD rate at the controllable Forex market? Notwithstanding all economical
laws and even against the common sense, USD rate increased!
Chart 8.7. EURO/USD pair movement (For view picture see notes in end of article)
Chart 8.8. GBP/USD pair movement (For view picture see notes in end of article)
Brief conclusions for traders .
As I think, the thesis that Forex has turned from the spontaneous market to the controllable one
does not need further proofs. Hence, traders must introduce amendments into strategy and tactic
of their work at Forex.
What are the conclusions, significant for traders, logically follow from these facts?
Under the new conditions of the controllable market, a trader must not follow the "crowd" (flock).
As B. Williams, A. Elder and many other authors have fairly emphasized, the "crowd" pushes the
price at any spontaneous market. On the contrary, at the organized Forex market orders must be
2. opened in advance of Consortium's interests!
I try to find the core of a good sense in each technique of the successful work at Forex . Is it
necessary to rediscover the well-known principles? There are many prosperous traders who
openly and honestly present their methods of gaining profits at Forex . If their techniques are
successful, it means that these authors have a thorough grasp of the problem in its essence.
However, in practice, each of the techniques sometimes brings profits, whereas in other cases it is
disadvantageous. And it does not matter, whether this technique is developed by B. Williams or by
a not celebrated but a successful trader.
Conclusion #1. It is necessary to clearly delineate the domains where a given technique does work
and where it fails (as well as the corresponding reasons). In such a way we can clearly understand
what of the method by a given trader is worthwhile to be used - as well as how and when to make
advantage of it for our work at Forex .
Conclusion #2 . Your trading system must not be just a mixture (farrago) of various techniques.
This rule is especially important for the beginners. After reading heaps of books on Forex , all of
them make complaints about "such a mess in their heads instead of enlightenment".
Conclusion #3. A trader must develop his own trading system. In order to gain profit, the following
steps must be taken:
a. you choose just any technique developed by any author-trader (e.g., mine or B. Williams's, or
somebody's else);
b. you must get used to work with the demo account according to this technique to such extent of
automatism that you "sense' it as your own initial (original) trading system of the work at Forex
c. Only after this you should start to study additional literature. You must clearly see what pointes,
"borrowed" from other authors, can help you personally to work at Forex , to improve your trading
system for getting extra profits.
Objectiveness of Forex turning from the spontaneous market into the controllable one. The pattern
of this process
Any profitable business transits from the spontaneous to the controllable one. It is an objective
stage in the evolution of business undertakings.
In each branch of a big and super profitable business the initial stage of the chaotic competitive
straggle is already has been passed through (petroleum, gas, ferrous and non-ferrous metallurgy,
precious metals, arms traffic, etc.). At present all these areas are definitely divided between the
principal participants. That is, there exist certain financially-industrial groupings, well-controllable
and protected from intrusion of a concurrent.
The same concerns the biggest and most conservative area of business - i.e., its financial branch,
the world market of currency exchange included. Can it be otherwise? Can "Chaos" rule the
market where the turnover exceeds $1 trillion per day? Can the biggest banks and governments
3. depend on "Chaos" - i.e., be dependable of the "off-floor" traders - such as me and you? Can
these organizations be worried about the direction in which we (traders) could turn the trend of all
national currencies at this or that second? It is ridiculous to imagine!
To realize the power of the grouping that has organized the "game" of Forex all over the world, we
should refer to the thesis from the journal "Speculator". In June, 2001 the three biggest dealers at
Forex market - Citibank, J.P. Morgan Chase и Deutsche Bank - together with Reuters
Group PLC had started up the system Atriax . However, the latter did not meet competition and
stopped operations in spring, 2002. The author of the paper just hinted that even the alliance of
the 3 biggest world banks could not make any serious competition to Organizer of the "game" at
Forex (to Consortium or somebody else).
In this connection, how one can take on trust the principal thesis by B. Williams concerning
"Trading chaos" that rules Forex? What's important, all methods of this author issue from this
postulate. The following conclusion by B. Williams's also raises doubts. He states that trends are
created by traders, whereas brokers just realize these trends and place traders' orders. According
to B. Williams, the fact that now trends are made rather "off-floor" than "on floor" (as it was earlier)
permits detecting what next will happen at the market (see "Trading Chaos", Chapter 6).
So, to what extent can B. Williams's techniques be correct if their basis is principally erroneous?
Let us enumerate the fundamental mistakes made in "Trading Chaos". It is necessary to facilitate
understanding of the techniques and practical recommendations given by B. Williams concerning
the work at Forex .
1. B. Williams sees Forex as a spontaneous market, uncontrollable by anybody. According to this
author, it is chaos but not an organized system that would have its own strategy, tactic,
techniques, goals, methods of fraud, etc.
2. B. Williams mentions the pair "trader + broker". However, unconsciously or deliberately, he
has omitted the third participant of this very process. This is banks and the world financial system
in general. Surely, this organization will not just take a detached view of the traders' arbitrary
"game" with the basic world currencies (USD, EURO, GBP, CHF, etc.).
Let us now evolve B. Williams's idea by ourselves. Our aim is to demonstrate absurdity of his
"chaos theory" applied to the up-to-date market of Forex.
· How brokers and banks market-makers can pay off profits from traders' deposits if the
traders' total earnings would be bigger than the market-maker's profit in this period?
· Being in shoes of market-makers, National Banks, governments of leading countries of
the world, etc., how will you conduct yourself on the eve of the news issue? For instance, after the
publication of Michigan University Index, USD can "go up" by 150-200 points with respect to all
national currencies. That is, in several hours dozens of milliards of USD will be redistributed.
Somebody will earn the money, whereas somebody will lose it because of the difference in rates
of exchange (quotations).
What will you do in the place of the biggest financial groupings? Would you just be sitting and
taking sedative pills? Would you just be trying to guess what steps will be taken by professors of a
4. Michigan University? Will 0.3% be added to the index previous value (91.4) or subtracted from it?
What's important, this "difference" makes milliards of USD - for somebody! Possessing such
capitals, would you just be sitting idly and waiting for God knows what? More probably, you will try
to make this process controllable and predictable. Rather you will do your best to gain profit with
the help of such indices and news. I think you will try to let the others lose their money.
· What does the theory of "chaos" at Forex represent by itself if Organizer of the "game"
has trained all traders to act according to the stereotype?
a). To place stop-losses and postponed orders at the same places.
b). If the issued news are better than the prognostication, one must stake on "buy". Otherwise (if
the news are worse than the prognostication), it is necessary to stake on "sell".
c). If a quicker moving average crosses the slower one upwards, the order must be opened on
"buy". In the case of the downward crossover, the order must be opened on "sell".
d). In the case of divergence, one must try to work against the trend. B. Williams and other
"classics" at least had to mention that it was basically absurd to work like this at the beginning of
the trend and in the middle of it.
This is why the given chapter is named "Anti-trading chaos" - to be more precise, it is the anti-
trading system.
Further I'll not dwell on absurdity of the chaos theory by B. Williams when applied to Forex . I hope
it is quite clear. Any trader can find a lot of evidences of the fact that Forex is a controllable
market. There are also many examples that prove fallacy of B. Williams's conclusion that traders
form a trend and "push" it.
As I get it, the "game" of Forex and its rules in their essence are the following.
1. There is Organizer of the financial game (the Alligator) and participants (victims).
2. Organizer always tries to demonstrate: a). objectivity and honesty of the rules established by
himself; b). simplicity of the analysis, predictability of the situations and the possibility of earning
money easily and regularly by one of the numerous methods of the analysis (FA, TA, etc.).
3. All participants of the "game" are subjected to the same psychological treatment by Brokers,
authors of numerical "classical" works on Forex and analysts via their sites and prognoses. That
is, such specialists teach every trader to work as all others in the world do.
As the result, Organizer beforehand knows the traders' line of conduct in these or those situations.
The percentage of "players"-losers is stable - about 90%.
4. A rapid growth in the number of fraudulent machinations developed by Brokers has become a
logical continuation of the above-enumerated rules of the given game. Economists from Brokers
have quickly grasped that the number 90% of traders-loses is very close to the figure 100%. What
for will they send clients' transactions to the foreign market (the market-maker bank)? In fact,
5. traders will lose all the same! Besides, it is possible to slightly "help" traders in their losing by
"knocking down" stop-losses - all traders keep their stop-losses approximately at the same place.
In addition, the following tricks can be done as well: the "slippage" (opening of transactions at a
price much worse than the price at which the trader wanted to open the deal); computer "pending"
at the beginning of the heavy movement in currency pairs. One can give many analogous
examples - up to the undisguised fraudulent nonpayment of earned profits to traders.
These centers are also protected from the viewpoint of finances. If in flats the sums of orders of
the traders who open transactions on "buy" and "sell" are approximately equal, Brokers can
always hedge the difference between "buy" and "sell" with a market-maker under the condition of
a heavy trend.
The only thing that cheats from Brokers are afraid of is the unmasking of methods of their work.
Really, this will put an end to the afflux of new "victims"!
There are several sure signs of a fraudulent Brokers. In my educational course I enumerate some
of such indications. However, here I give only one characteristic (traders should think about it
well). If Brokers has one point of spread, you should calculate expenses on the marginal trade, in
detail described in all "classical" manuals of Forex . For instance, let it be thought that you open
the order for one lot. Forex Brokers supposedly buys EURO to the sum of $ 100 thousands for
you. When you close the order, Forex Brokers supposedly transfer EURO to USD again. Thus, if
you open 10 deals with EURO/USD pair during a day, your Forex Brokers is supposed to send
money abroad and get it back 10 times, buying EURO for USD and v.v. All these transactions
must be made exceptionally for you! Is it realistic?
In a next-door bank you should ask the conditions for the transfer of $100 thousands abroad and
back. You will learn the cost of the commission for such services and the time required for this
transaction (in half a day, the next day, etc.). Here I do not mention the papers that must be
prepared for each transfer. I also say nothing about the time required for collecting all signatures.
I wonder, during this period of time what changes will occur in EURO/USD rate as the latter is
altering every second?
5. To earn regularly at Forex, you have to master yourself. That is, a trading scheme must be
developed. According to this scheme you will work against "generally accepted" rules. As it is
already mentioned, these rules are popularized by Organizer of the game at Forex . Sticking to
these rules, more than 90% of traders all over the world lose their money.
6. Developing my trading system, I have made use of numerous generally-recognized techniques
of the work at Forex (by B. Williams, etc.). Surely, there is a kernel of good sense in any technique
that enables earning money - even if in 50% of cases. Therefore, the trader's task is to
differentiate the conditions, under which a given technique can provide profit. It is also necessary
to understand where, when and why this technique yields a loss to the trader. Naturally, a trader
must use only this first part of the system, where one can gain profit.
7. For the development of your own trading system, you must do your best to organically
integrate different techniques, profitable at Forex. Various methods of giving analysis to Forex
from different viewpoints do help us to more thoroughly and profoundly understand this market
6. and, consequently, to gain profit regularly.
8. The game of Forex is widely spread all over the world. In addition to speculators, there are
other participants in Forex - e.g., individuals who need to exchange currency for their business. All
these factors provide an objective opportunity to gain profits bigger (and more regularly) than in
any other financial game of the world.
9. Therefore, Forex gives a real opportunity to get into the principally new financial market and to
become a really independent. Anybody can be engaged in trading at any point in the world. For
sure, a State, much as it would want it, cannot deprive a trader of his production facilities because
in this area gaining of profit depends just on one's techniques and skill.
10. Forex gives you just a chance to earn money. However, not everybody can learn how to gain
real profit. Even after having mastered the fundamentals of making money at Forex , a trader
needs to learn a lot of additional factors in order to transform his potential abilities into real money.
In this connection the following aspects are very important.
a). the psychological stability (the absence of fear and hazard, the ability to work automatically at
the subconscious level, etc);
b). a reliable broker (the trader's profits, being virtual, materialize only if you can convert it into real
money at any second);
c). self-perfection via mastering new techniques of gaining profit, learning from an experienced
instructor and due to exchanging opinions with other traders;
d). the possibility of obtaining money from the investor for the asset management. This gives the
opportunity to proceed from the level of one's own deposit of several hundreds or thousands of
USD to the principally new level of the work at Forex. In this way one can simultaneously reinvest
a part of one's profits into the deposit and to spend money on heightening of one's own well-being.
There is a simple example. At mini- Forex , many traders do not earn a lot of money: even if a
trader has doubled his deposit in a month, his profit is small (e. g., by making $100 out of $50).
Besides, a part of it he must take off from the deposit for the daily needs. I'll not give examples of
large deposits because the tactics of work with them are principally different - as well as the
percentage of profit.
11. Not everybody can cover a distance from the chance (the dream) to its realization - i.e., to
making real money at Forex . As a trader, here you work against Organizer of this game, who is
the professional. That is, to earn money regularly by taking it away from Organizer, one must
become the professional himself. Do not hurry to open a real account at least till the time when
you will learn to do the following:
a). As B. Williams himself, in several minutes to clearly see two possible alternatives of currency
pair movement at the beginning of each session. Correspondingly, you must develop two business
plans, where points of input into the market and output from it must be clearly designated.
b). To work out one's own tactic of the work with the demo account at Forex to perfection. The aim
is to augment the demo account at least 2.5-3 times in a month.
7. c). To develop the long-term and intermediate strategies (not less than a month and a week,
respectively) - as well as the short-term tactic (the intra-day trading session). Acquisition of this
knowledge will help you to gain profit.
d). After opening of the real account, at the beginning you must work only with trends (under the
conditions of flats you must deal with demo accounts). It is necessary to clearly distinguish one
from another at the beginning of trading.
e). You must choose two ally currency pairs and work with them continuously, accumulating
experience.
12. There can be reasons why your demo account does not augment regularly (in particular,
maybe you are too busy at your main job). In this case, you better forget about Forex ! You must
not open a real account there. It means that Forex is not intended for you.
By the way, there is completely nothing humiliating in the inability to make money at Forex . Some
people do not understand technology, or literature. Others do not come to know fine arts, politics
or sports, etc. Does anybody consider oneself inferior because of this reason? Surely, not at all!
Analogously, I perfectly well realize that the reaction to the last two items of my vision of the game
at Forex can be inadequate. It will stimulate an immediate tide of slander and lies concerning me
and my book. The reason is that I'm not an employee of BROKER but a trader. I try to understand
recent rules of the game at Forex, its mechanisms and to explain them to others.
==== ====
Get More Info .....
www.forextradinghelp.org
==== ====