
Wednesday, June 10, 2009
Forex Trading, Where Do Customers Go...?

Saturday, June 6, 2009
Forex Market Review
What's Forex ?
Forex is the marketplace where people sell or buy different currencies with one aim that is to make Profit.
Do you know ?
Today Forex Market is the largest trading market in the whole world with over 1.8 million amount of currency daily traded.
Lets take a simple example to help you understand how currency trading help you generate profit -
A person buys $100 US Dollars for Indian Rs.4400 @ Rs. 44 per dollar & the second day the rate of Dollar changes to Rs.45 per US dollar & therefore he's able to make Rs.100 or US $2.22 by selling US $100 after the price change.
Fab Forex can help you a lot if you want to understand the secrets of forex trading. The simple articles at Fab Forex can really help you make money from this business.
Everyday there are changes in the rates of currencies in comparison with our native currency. Therefore this market is very delicate or random & anything can happen at any time. As from the above example you saw how even a small change can earn you big.
If you want to go into this business then one most important thing which you have to be aware is the market updates. If you are able to understand & can keep track of the latest fluctuations of the market then you will be able to generate a good amount of income through this business.
Today this trading has totally gone online , one just has to sit in front of computer with Internet connection & should have access to his bank account online. And the person is set to go. You can exchange at low rates, can simply trade the money with a single click & get profits. It has made the trading fast & easy.
In the end I would like to say that a risk factor is always there in this business but if you have knowledge of what's going on in the market then your success is for sure !!
Forex Brers
Choosing the right Forex broker can mean the difference between earning money and losing money. It is that simple. When picking an online Forex broker, there are 5 "must have" qualities to look for -- a quality financial institution, low spreads, tools and research, leverage options, and a variety of account types. There are so many trading Forex brokers, there's no use in picking a broker at random. You must determine what kind of online Forex broker you're looking to do business with, do some research, and match your interests with theirs.
Choosing the Right Forex Broker
Choosing the right Forex broker can be a daunting task which is why we've assembled this list of considerations to assist you.
Quality Institution - Unlike equity brokers, forex brokers are usually tied to large banks or lending institutions because of the large amounts of capital required (leverage they need to provide). Also, forex brokers should be registered with the Futures Commision Merchant (or FCM) and regulated by the Commodity Futures Trading Commission (or CFTC). You can find this and other financial information and statistics about a forex brokerage on its website or on the website of its parent company.
Low Spreads - The spread, calculated in units known as "pips", is the difference between the price at which a currency can be purchased and the price at which it can be sold at any given point in time. Forex brokers don't charge a commission, so this difference is how they make money. In comparing brokers, you will find that the difference in spreads in forex is as great as the difference in commissions in the stock arena. Remember, lower spreads save you money in the long term.
Extensive Tools and Research - Forex brokers offer a wide variety of different trading platforms for their clients - just like stock brokers or brokers in other financial markets. These trading platforms often feature real-time charts, technical analysis tools, real-time news and data, and even support for trading systems****. Before committing to any broker, be sure to request free trials from your online Forex broker to test different trading platforms. Brokers usually also provide technical and financial commentaries, economic calendars, and other research meant to give their customers insight into the world of Forex.
Wide Range of Leverage Options - "Leverage" is kind of like credit between you and your Forex broker. Leverage is the name of the game in Forex because the price deviations (the sources of profit) are merely fractions of a cent. Leverage, expressed as a ratio between total capital available to actual capital, is the amount of money a broker will lend you for trading. For example, a ratio of 100:1 means your broker would lend you $100 for every $1 of actual capital. Many brokerages offer as much as 250:1. Remember, lower leverage means lower risk of a margin call (when your forex broker adds more of your money to an account when it drops to a certain level), but lower leverage can also mean less bang for your buck. The opposite is also true -- working with an online Forex broker willing to give you high leverage increases your chance of a margin call, but also increases your potential profit. If you have a limited supply of cash, make sure your online Forex broker offers high leverage. If capital is not a problem, any broker with a wide variety of leverage options should do. A variety of options lets you vary the amount of risk you are willing to take. For example, less leverage (and therefore less risk) may be preferable for highly volatile or unusual currency pairings.
Account Types - Many trading Forex brokers offer at least two different types of investment accounts. The smallest account is known as a "mini account", and requires you to trade with a minimum of around $250. This account is usually offered with a high amount of leverage, which you will certainly need in order to make money with so small an initial investment. The standard account lets you trade at a variety of different leverages, but it requires a minimum initial capital of $2,000. Finally, there are the so called "premium accounts", which often require significant amounts of capital at your first investment. These premium accounts let you use different amounts of leverage and often offer additional tools and services that smaller accounts don't have access to. Make sure the online Forex broker you choose has the right leverage, tools, and services you need as it relates to your initial investment.
Watch out for certain sneaky or even unethical practices that some Forex brokers use. Not everyone in this business is honest. Specifically, be mindful of a broker's margin rules and any rumors of "sniping".
Strict Margin Rules - When you are trading with borrowed money, or leverage, your trading Forex broker has a say in how much risk your account should take. Remember that your broker can buy or sell when it deems it necessary -- this can be a bad thing for you. Let's say you have a margin account, and your investment takes a nose dive before rebounding to a new high. Working with a Forex broker who follows strict margin rules, even if you have enough cash to cover the crash this broker will likely liquidate your investment when it hits that low number. This action on their part can cost you plenty of money. Talk to potential trading Forex brokers in person or visit online discussion forums to find out who the honest brokers are. You have to do the footwork, there's no other way around it.
Sniping -- also known as "hunting", this refers to the practice of prematurely buying or selling near preset value points. This is an underhanded behavior committed by some less than reputable brokers to increase their own profits. As a rule, no broker admits to committing acts of hunting, but rumors about certain brokers who have been "sniping" or hunting is common in online discussions and among Forex traders. The only way you can determine which brokers hunt and which brokers don't is to talk to your fellow traders. Thankfully, the Internet has made communicating with Forex traders around the world as easy as logging onto a Forex discussion board. There is no blacklist or organization that reports sniping activity, so you'll have to talk to other traders in person or visit online discussion forums to find out who the honest brokers are.
World Business Intro
The international aspects in each and every area including the courses, student body, and faculty make this program truly unique. But what further differentiate us from other MBA programs are the special Asian featured courses that we provide under the concentration, Management in Asia. Aside from developing a global view in world business trend, it is just as essential to gain an Asian perspective of business. Our program is the perfect conduit for learning all about this growing region. | ||||||||||||||||||
|
Thursday, June 4, 2009
Forex Mini Trading Profitability
Getting Started with Mini Forex Trading
Mini forex trading was created for new traders entering the forex market. The mini forex account is designed to be one tenth the size of the standard account and the pip value is just $1 per pip. The mini forex account is beneficial for new traders to improve their forex trading skills while being exposed to less financial risk on the market.
Success in the forex market and becoming a profitable trader depends on a lot of practice and experience. It is still essential to practice first with the demo trading software to enable you to get comfortable with the trading platform and to get a feel of the real market. Once you get an idea of what to expect in the forex market, it is wise that you should open a mini forex trading account. Now you are dealing with real money.
Although you might risk losing real money, mini forex trading accounts only requires a small investment of money. It can also give you a small amount of profit. The key to mini forex trading is to enhance your skills until you are ready to trade with the big traders.
To start a mini forex account, there are some characteristics you should know:
• Required minimum account deposit, this is known as margin (eg: $100 - $250)
• Recommended account deposit
• Traded in 10,000-unit currency lots
• A default margin
• Leverage up to 200:1
Mini forex trading has little disadvantages than a regular forex account. Of course it can only make small profits but the risk in regular trading is much larger. Because of only investing small sums of money, mini forex trading reduces the risk of your loss. You can always make another deposit if you lose.
In mini forex trading, you can also use the same software used by regular forex traders, this can work in your advantage. It will be like trading like the big traders only you are just trading in small amounts. Therefore, it eliminates fear of losing. Mini forex trading can also acquire you the proper discipline a forex trader has to have.
Another great feature of starting a mini forex trading account is that there is no maximum trade volume. You are able to trade 10,000 units or even 200,000 units even if the standard size of a mini forex account is 10,000 units. This enables you to develop your skills, trading strategy and technique before slowly increasing the size of your trades
Tuesday, June 2, 2009
Samsung SCH-B550
Samsung SCH-B550 is a some kind of amazing phone because of its look. most of people says this asian phone will challenge nokia ngage mobiles. this phone included thousand of value added services. it has two megapixel camera bluethooth andmuch more.The most special function of this phone is it has DMB Tv receiver.this has some pretty serious gaming capabilities.On the surface you have a key and screen layout that are most conducive to gaming, but beyond that, a 3D graphics processor ensures that you'll feel like you're really committing a crime when playing that Marc Ecko graffiti title.and you can turn its display ,after turning it's looks like some kind of laptop.