Thursday, January 8, 2009

Commodity Trading Advisor

Commodity Trading Advisor, Genuine Trading Solutions, a registered CTA with the CFTC, says the responsibility today of a CTA is a constantly evolving role in today's market place.

Once upon a time a Commodity Trading Advisor was content to be known as a Portfolio Manager trading commodities and futures for a managed futures fund. There is no question today's investor has become more sophisticated. In response, today's selection of investment products has become ever more complex and varied the need for the CTA to understand the uses and management of these products becomes even more acute.

So what exactly is the role of today's Commodity Trading Advisor? Certainly forex trading of derivative products for a managed futures fund continues to be as important as before. A CTA has also become more involved with derivative analytics. This role is essentially focused upon becoming an analyst to structure and analyze the more multi-faceted requirements demanded by hedge funds, pension funds and structured products.

The use of derivative analytics to manage the adverse risk of an equity or bond portfolio brought about by adverse market conditions is critical in preserving asset growth. The uses of hedging to prevent volatility have long been understood by the largest institutions but are now available to the smaller sized company and to the individual investor. No doubt as products continue to evolve so too will the CTA evolve to meet the need of today's professional money manager.
Derivative products are no longer limited to exchange traded commodities futures and options. There continues to be an ever expanding list of over-the-counter derivative products. These are SWAPS. SWAPS and privately transacted products transacted without the use of a recognized exchange. The difficulty is the buyer and seller must find each other to undertake such an arrangement, not always easy. The second problem is no liquidity. There is no one to sell this too should one of the parties wish to terminate the transaction prior to the agreed upon date.

[ForexGen Demo Accounts Contest]

Win Cash Prizes

[ForexGen] has the pleasure to announce the launching of the Demo Account contest on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com including the following information:
- Full name: - Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your [demo account] login information which will be used in the trading contest.

By the end of each contest:

1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit 2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit 3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.


For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

Overcoming Fear in Forex Trading

One of the reasons so many traders fail to make the gains they had in mind when they first started online forex trading is that when they really start to think about the income potential and the risks involved, they become all but paralyzed with fear. Although the feeling between fear and caution is similar, they are too entirely different subject matters. Here in this article, you will get to learn some tips on how to get rid of that unwarranted fear.

1. Tackling fear at its root cause

The first thing to do is to identify the root cause of your fear. Some will say it is because of the fear of losing money, but most cases the reason runs deeper inside us. In fact one of the primary fears a forex trader has is to get laugh at by their peers making them feel foolish. The second reason is a self fulfilling prophecy that if they see "proof" that they are no good in forex trading.

2. Keep learning

One critical thing you can do to build your confidence is to keep learning about the markets and the forex trading strategy you've chosen. It's perfectly natural to be afraid of taking on a risky venture when you feel like you don't know what you're doing. Books and courses are fine for this, but if you have the chance, finding a mentor is even better.

3 .Understanding where you when wrong

As the old saying goes, "They're not mistakes, they're learning experiences." Trite, but true, especially in a skilled trade like this. When you go back and take an honest look at your past mistakes, you'll most likely be able to see where you went wrong and what you should do next time. By doing this, you'll feel armed with new information instead of held back by fear of repeating a mistake.


ForexGen offers three types of business partnerships:

*Introducing Broker *White label *Money Manager

ForexGen Introducing Brokers, White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a huge income sharing plan.

[ForexGen] provide appropriate services satisfying the needs of all business partner's specified situation and requirements.

A Good Forex Broker Essential

A broker serves a few primary functions in the trading cycle.

The brokerage takes orders from sellers and buyers and matches them. The broker also provides the most recent prices and most brokers provide a charting service as well. These services are not provided for free, the broker takes a commission from you each time you trade. This charge is called the pip spread. What that works is that when you enter a trade, you are automatically in the red. This spread varies from broker to broker but on the whole as a market, pip spreads for trading the majors are very low as compared to forex trading exotic currencies.

A good broker can then be define as a broker who provides the basic services and keep the spreads low and fixed. The issue about floating spreads is that there are times when the spreads can go to atrocious levels and that means if you place your stop loss too low, there is a high possibility that you get kicked out of a trade through no fault of yours or because of any market movements. The good thing about having fixed spreads is that you can work the spreads into your trading plan. That gives you control of how you want to direct the trade.

Reliability and stability are absolutely essential for forex traders to have especially when we are faced with an ever changing market. With market situations as such, the last thing you need is for your broker to pull a fast one on you. For example when you are in the midst of a trade and suddenly the trade window hangs. It might be a technical issue you think, so you log back on immediately. To your surprise you realize that your trade has been canceled and that the money you placed into the trade was lost! This is something that you don’t need, so you try to contact the broker, but you emails never get answered and your calls fall on deaf ears.

[ForexGen Customer & Trading Support]

ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.

[ForexGen online trading services] are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.
ForexGen provides full time assistances to support clients during the usage of [ForexGen platform], whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues.

Dealing Rooms.

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone ONLY in these situations:

* If you are not able to access the internet.
* Failing to receive a confirmation on an online order.

* Failing to connect to ForexGen server.

Candid Advice on Forex Trading

If you believe all those ads and promotions going around the Internet these days, making money in Forex trading is so easy a child could do it. While common sense will tell you that are not true, for anyone looking to earn some decent money trading, it's all too easy to fall for the promises made by those pushing forex course and trading systems. It's tempting to think with the right course or system-the "secrets," basically-that you really will be able to cash in all those promises. After all, some people do get plenty rich trading Forex.

However the reality is very much different. Most of those new to the Forex market in fact lose money. There are some even who lose their money over a long period of time. Even so, on the flip side of the coin, there ways to go about to avoid becoming part of the overall section group of people making loss in forex trading. Here we will point out a few things for you to take note off before you begin trading in Forex.

You will always need to trade base on incomplete information


It doesn't matter what charts you use or how much you study the fundamentals, all you're really getting is second hand information. You'll never have precise information unless you're right in the middle of the market. While it's important to do some analysis, if not having 100% accurate information bothers you, stay away from Forex.

Small window of opportunity for deliberation

The Forex market is always dynamic and fluid. Because of its dynamism, it is almost impossible to predict the way how the market will move. In addition, the time that is available for you to response to market changes in extremely short, maybe just one minute. Within this period of time that is available, you have to decide whether you wish to risk maybe an amount that is one hundred times bigger than what you have. As such accuracy in making the right decision is extremely important. For this you will need to rely on a proven and reliable system to help you speed up yr time in deciding to execute and order or not.

[ForexGen Money Manager]

An individual who is responsible for the entire financial portfolio of another individual or another entity. A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.

Benefits of being a Money Manager with [ForexGen]:

* Providing three different commission sources.
* Weekly commission plan.
* Easy & fast commission withdrawals.
* Fixed percentage of the profits.
* P = k * D “P=Profit, k=Variable Parameter, D=Deposits”

The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.

The most competitive trading conditions:

* 2 pips spread on six currency pairs.
* Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
* Leverages up to 1:200 for accounts up to $1 million US.
* Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.

Forex Trading Fact

Many traders believe the rubbish, they are told by so called Forex experts, that show made up track records which indicate you will never suffer a string of losses - but this is fantasy not reality. You will Lose - but the good news is you can still make big profits here's why... One of the reasons Forex traders lose is they are unprepared to handle a losing period but they need to learn that to win you have to lose and a simple example will illustrate the point:

I know a trader who manages over $100 million and he losses 70% of the time and has losing periods of two months or more yet his annual compound return is 76% over 5 years. He knows (and you need to know to) that losing is part of the game and losing periods can last for weeks or in his case months. What you need to do is stay on course, when these losing periods come and keep your losses small, by online forex trading with discipline and this is NOT easy! We all have egos and it hurts, when you trade and the market makes you look a fool - but you must keep going, until you hit a home run.The fact is if you don't learn to take your losses cheerfully, you will never win.
Today, traders believe all the so called Forex experts, with their junk robots and they can make a fortune for spending 100 bucks and suffer no losses - dream on, this is not reality. Forex trading is a big boy's game and the professional Forex trader takes his losses. He knows if his system is soundly based he will hit a home run and clean up longer term - he has discipline and you must have it too.


[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.


WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.

Wednesday, January 7, 2009

The Scams

FOREX scams were fairly common a few years ago.

The industry has cleaned up considerably since then. Still, you should exercise caution before signing up with a FOREX broker by checking their background.
Reputable FOREX brokers will be associated with large financial institutions like banks or insurance companies, and they will be registered with the proper government agencies. In the United States, brokers should be registered with the Commodities Futures Trading Commission or a member of the National Futures Association. You can also check with your local Consumer Protection Bureau and the Better Business Bureau.


As ForexGen believes that its success depends totally on its client's satisfaction and success, ForexGen is sharing its growth and new site release with wonderful promotion packages.

*[
Claim Your Bonus]
* [
Live Account Contest]
*
[ Demo Account Contest]
*
[Refer A Client]
*
[Scalping enabled Account]

Forex Trading Risky Business

You can see the claims on some FOREX web sites, implying that FOREX is a risk-free pastime. No investment is risk-free.
In FOREX you are trading substantial sums of money, and there is always a possibility that a trade will go against you. There are several trading tools that can minimize your risk, yes, but eliminate it, no. With caution, and above all education, the FOREX trader can learn how to trade profitably and minimize loss.

[Why ForexGen]


1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

DAILY FORECAST WEBSITES


First thing in the morning, I go to http://www.fxstreet.com to check out some forecasts and news release times for the day.


I always check before I start trading and I write down the support/resistance, trend, trading range, target highs & lows, news release times, etc. on my Daily Trading Sheet, which is provided in the Day Trade Forex Advanced course.

This is an interesting forecast site that I also like:
http://www.fxstreet.com/nou/content/107780/content.asp?menu=technical analysis
Another place to find out when the world economic news releases are: http://www.forexnews.com and scroll down to the bottom of the website for the list of the current week news releases that impact the Forex markets.
Most often, the economic news release is scheduled for 8:30 AM EST. If you are in a trade at this time, make sure you have your stop loss at a place you are happy with. The volatility is scary and fast, but if you aren't already in a trade, you can jump in once you see the major trend, usually after the first 5-15 minutes. Look at a 30 min chart to see the major trend.

IMPORTANT NOTE: Most of the forex brokerages have now stopped guaranteeing their stops during fundamental news release times, as the volatility is so extreme, that the price can often move faster than their servers can keep up with. Thus, please be very aware that getting into and out of a trade when you want, can sometimes be next to impossible. You can possibly encounter several things during news release times: whipsaw of the price, slippage, freezing of the platform, disconnects, re-quotes of price, loss of money, etc.
Don't bother calling up any dealing desk to complain, as they are all now distancing themselves from this problem, and they all have a disclaimer on their websites. It is a buyer-beware type of situation. If you choose to play the news, you have to be aware of it's risks. The rewards can be very great in just a few minutes, or it can go against you. Make sure that you immediately put in your stop.

Erol Bortucene and Cynthia Macy are co-authors of 'The Day Trade Forex System: The Ultimate Step-By-Step Guide To Online Currency Trading'.
Visit: http://www.daytrade-forex.com
Sign up for the free 'Trade of the Week' for examples of actual trades using the Day Trade Forex System.
Visit their other websites at:
http://www.successtrading2000.com
http://www.shortterminvestingsite.com

[ForexGen Demo Accounts Contest]

Win Cash Prizes

[ForexGen] has the pleasure to announce the launching of the Demo Account contest on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com including the following information:
- Full name: - Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your [demo account] login information which will be used in the trading contest.

By the end of each contest:

1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit 2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit 3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.


For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

The Best Time to Day Trade The Forex Market

The three major forex trading 'sessions' are as follows (all in Eastern Standard Time):
1. New York open 7:00 AM to 4:00 PM
2. Japanese/Australian open 7:00 PM to 3:00 AM
3. London open 3:00 AM to 11:00 AM
** Often, the best times to trade is at the beginning 3-5 hours of the above mentioned opening times, because the major currency pairs tend to move the most in a particular direction. Especially when there are economic news releases.
THE ABSOLUTE BEST TIME TO TRADE IS FROM 3 AM TO 11 AM EST.
The New York and London trading sessions overlap between 7 and 11 am EST. The volatility is much higher and trading opportunities are much more frequent with bigger moves, especially in these four hours.

The currency pair that moves the most during these hours are the Usd/Chf (#1), then the Gbp/Usd, then the Eur/Usd, then the Usd/Jpy.
This is when you can make 30-100 pips trading in just a few minutes or hours, using any of our strategies in any time frame, especially around news releases.
If you need help in converting EST time zone to your time zone, please use this world time zone converter:
http://www.worldtimezone.com OR
http://timeanddate.com/worldclock


ForexGen offers three types of business partnerships:

*Introducing Broker *White label *Money Manager

ForexGen Introducing Brokers, White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a huge income sharing plan.

[ForexGen] provide appropriate services satisfying the needs of all business partner's specified situation and requirements.

5 Things You Must Do If You Want To Attain Financial Freedom Through Forex Trading

With the amazing growth of the forex market, you are going to see an astounding amount of traders lose all their money. Unfortunately, they haven't followed the simple steps I have laid out for you. Go through these steps and give yourself the greatest opportunity to achieve your goals.

1. Have Faith In Yourself
To reach the level of elite forex trader, you must trust in yourself and your forex trading education. You must be willing to make all your trading decisions, instead of relying on someone else's thoughts or ability (or lack of). Of course, you will prepare yourself fully before every risking any money.

2. Accept Your Learning Curve
Unless you are a veteran trader, you will lose money trading the Forex market. This is a near certainty. I don't say this to talk you out of trading. In fact, quite the opposite. You will be trading against others that fall to this reality day in and day out. You, however, will not risk a dime until you have learned the skills you need to make money trading the forex.

3. Decide What Type of Trader You Are
There are many ways to trade the forex. They range from very active to very patient. You must decide which style suits you best. The best time to learn this about yourself is while you are trading a demo account. There is no need to allow your learning curve to cost you money.

4. Get Educated
Education is the shortest path to elite forex trading. Regardless of your ultimate goals, you will reach them quicker with a great forex trading education. Take some time to review different options before deciding on who to trust with your forex trading education needs. A forex seminar will help shorten your learning curve drastically.

5. Continue to Get Educated
In order to achieve and retain elite forex trading skills, you must constantly be adding to you knowledge base. Your education should never end. In fact, one of the key points to look for in an elite forex trading course is ongoing education. It's nice to have an ongoing relationship with the person/people helping you to achieve your goals.
What separates an elite forex trader from all others is their desire and ability to be independent. Many traders are willing to follow signals, systems, strategies, or anything else you may call them. By taking this approach, however, these traders are only as good as the people they follow.
An elite forex trader will lead. Their decisions will be calculated and analyzed to near perfection. They will make decisions with no hesitation, and handle the growth of their account in a predetermined, intelligent fashion. Take your trading to their level and you will never look back.

[ForexGen Customer & Trading Support]

ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.

[ForexGen online trading services] are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.
ForexGen provides full time assistances to support clients during the usage of [ForexGen platform], whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues.

Dealing Rooms.

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone ONLY in these situations:

* If you are not able to access the internet.
* Failing to receive a confirmation on an online order.

* Failing to connect to ForexGen server.

Tuesday, January 6, 2009

The Best Forex Broker

Once the decision is made to start trading foreign exchange,

the next step is to select a broker. So what does a broker do? Basically, a forex broker buys and sells orders on the traders behalf. Although many tout themselves as offering “commission free trades,” brokers earn money by charging a commission or a fee for their services – it’s just called “the spread,” in foreign exchange trading.

Choosing the best foreign exchange broker for your needs will mean some research on your part, but its is worth taking a little time choosing - you really need to decide a, whether the broker you choose is honest, b, the fees you will be charged and c, which broker is likely to suit your trading style and philosophy. Are you a smash and grab merchant or in for the long haul?
The Forex market is an “unregulated” market, which is unlikely to change in the near future.

But there are agencies where brokers can register themselves and certain government bodies in the USA are making an effort to educate the public about foreign exchange trading. In the United States a broker can register as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and join the NFA. The CFTC and NFA were created in order to protect the public against fraud, scams and abusive trade practices.

[ForexGen Money Manager]

An individual who is responsible for the entire financial portfolio of another individual or another entity. A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.

Benefits of being a Money Manager with [ForexGen]:

* Providing three different commission sources.
* Weekly commission plan.
* Easy & fast commission withdrawals.
* Fixed percentage of the profits.
* P = k * D “P=Profit, k=Variable Parameter, D=Deposits”

The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.

The most competitive trading conditions:

* 2 pips spread on six currency pairs.
* Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
* Leverages up to 1:200 for accounts up to $1 million US.
* Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.

More about Margin

Trading in the currency markets requires a trader to think in a slightly different way also about margin. Margin on the forex is not a down payment on a future purchase of equity but a deposit to the trader's account that will cover against any currency-trading losses in the future. A typical currency trading system will allow for a very high degree of leverage in its margin requirements, up to ……... The system will automatically calculate the funds necessary for current positions and will check for margin availability before executing any trade.

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.


WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.

Base and Counter Currencies and Quotes

Currency traders must become familiar also with the way currencies are quoted.

The first currency in the pair is considered the base currency; and the second is the counter or quote currency. Most of the time, U.S. dollar is considered the base currency, and quotes are expressed in units of US$1 per counter currency (for example, USD/JPY or USD/CAD). The only exceptions to this convention are quotes in relation to the euro, the pound sterling and the Australian dollar - these three are quoted as dollars per foreign currency.

Forex quotes always include a bid and an ask price. The bid is the price at which the market maker is willing to buy the base currency in exchange for the counter currency. The ask price is the price at which the market maker is willing to sell the base currency in exchange for the counter currency. The difference between the bid and the ask prices is referred to as the spread.

The cost of establishing a position is determined by the spread, and prices are always quoted using five numbers (for example, 134.85), the final digit of which is referred to as a point or a pip. For example, if USD/JPY was quoted with a bid of 134.85 and an ask of 134.90, the five-pip spread is the cost of trading this position. From the very start, therefore, the trader must recover the five-pip cost from his or her profits, necessitating a favorable move in the position in order simply to break even.


As ForexGen believes that its success depends totally on its client's satisfaction and success, ForexGen is sharing its growth and new site release with wonderful promotion packages.

*[
Claim Your Bonus]
* [
Live Account Contest]
*
[ Demo Account Contest]
*
[Refer A Client]
*
[Scalping enabled Account]

Buying and Selling Currencies


Regarding the specifics of buying and selling on forex,

it is important to note that currencies are always priced in pairs. All trades result in the simultaneous purchase of one currency and the sale of another. This necessitates a slightly different mode of thinking than what you might be used to. While trading on the forex, you would execute a trade only at a time when you expect the currency you are buying to increase in value relative to the one you are selling. If the currency you are buying does increase in value, you must sell the other currency back in order to lock in a profit. An open trade (or open position), therefore, is a trade in which a trader has bought or sold a particular currency pair and has not yet sold or bought back the equivalent amount to close the position.

[Why ForexGen]


1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

Trading Opportunities


The sheer number of currencies traded serves to ensure a rather extreme level of volatility on a day-to-day basis. There will always be currencies that are moving rapidly up or down, offering opportunities for profit (and commensurate risk) to astute traders. Yet, like the equity markets, forex offers plenty of instruments to mitigate risk and allows the individual to profit in both rising and falling markets. Forex also allows highly leveraged trading with low margin requirements relative to its equity counterparts. Perhaps best of all, forex charges zero dealing commissions!

Many of the instruments utilized in forex - such as forwards and futures, options, spread betting, contracts for difference and the spot market - will appear similar to those used in the equity markets. Since the instruments on the forex often maintain minimum trade sizes in terms of the base currencies (the spot market, for example, requires a minimum trade size of 100,000 units of the base currency), the use of margin is absolutely essential for the person trading these instruments.

[ForexGen Demo Accounts Contest]

Win Cash Prizes

[ForexGen] has the pleasure to announce the launching of the Demo Account contest on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com including the following information:
- Full name: - Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your [demo account] login information which will be used in the trading contest.

By the end of each contest:

1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit 2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit 3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.


For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

Monday, January 5, 2009

3 Ways to Make Money With FOREX Trading

There are many ways to make money FOREX trading, but not matter which one you choose it will always be about having the best tools and resources on your side.

That is what the pros do so you should not do any different.
In my experience, in order to realistically make money FOREX trading you should have at least one of these tools and resources:

1) A first class FOREX trading course with a set of precise and effective strategies to enter and exit the market safely and profitably.

2) A FOREX trading signal software or service to pinpoint the right time to enter and exit the market for a profitable trade.

3) An automated FOREX trading system with the ability to place and close trade orders for a profit all by itself.
The first option is always a desirable one, because it will give you the edge of awareness and you will understand why and how you are trading in a profitable way. The downside here is that FOREX trading safely armed only with your own analysis of the market will take you some time. Also, once you have mastered a few strategies, you will have to dedicate some time during the day in order to analyze the market and place trade orders.
The second option will not require you to study or learn the ropes of FOREX trading, because all you will have to do is follow the signals in order to place the trading orders at the precise moment signaled by the software or service. This option however, will demand some time during the day, because if you are not in front of your computer when the software or service spots a profitable entry point, you could lose many good trades.

The third option to make money FOREX trading -and the most popular these days- is the fully automated one, because it works an a similar way as the second alternative, only here you will not have to place trades manually. In fact, you will not have to place any trades whatsoever, as all the trading activity will be carried out by the software, meaning that you can be at work, sleeping or out dinning and still you will be making money FOREX trading.
Since the FOREX market runs 24 hours per day, it really pays to have the ability to analyze it and place trades at any hour of the day or night, something no human could do


ForexGen offers three types of business partnerships:

*Introducing Broker *White label *Money Manager

ForexGen Introducing Brokers, White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a huge income sharing plan.

[ForexGen] provide appropriate services satisfying the needs of all business partner's specified situation and requirements.

There Are Many Reasons You Require a Forex Trading System, Buy Only One Really Matters


Prior to 1997, the Foreign Exchange Markets (Forex or FX) were the private domain of the large international financial institutions.


That was the year they were deregulated, which allowed private investors entry into the markets. Since that period, each year, more and more people have been flocking to the currency markets to the point it is now a stampede with people from every country in the world entering daily. This gets us to the Forex trading systems and why most if not all profitable financiers that participate in the market utilize at minimum one currency trading software.

When you enter a trade in the FX markets, unlike the stock markets, there is always one winner and one loser. One person or financial institution will make money and the other unfortunately, will lose money. In the stock markets there could be numerous sellers of a stock in a row that will accumulate losses if a stock is dropping in value or price. This is one of the enormous benefits of investing in the Forex markets verse the stock markets.
If you are investing in the markets, one could only assume you are doing it for one purpose, which is to make money. If your competition has access to the most advanced trading tools, don't you think you should too? Of course you should, that is a simple answer that is beyond debate. Today and in the foreseeable future Forex software trading systems will be and are the most sophisticated tools a trader can employ.

The vast majority of the top rated Forex trading platforms that are on the market have gone through multiple refinements, enhancements and upgrades over the years to the point they are now extremely reliable and dependable pieces of software. These systems are now at the point they can assist investors make wiser trading decisions and improve there profits.

My three favorites Forex trading systems that I personally employ everyday are Fap Turbo, Supra Forex and Forex Trend Systems. As a professional Forex trader, I am always looking for that extra edge in helping me improve my profits. I have researched, purchased and tested every currency trading software system that I have ever been able to find. When I first started trading, shortly after the deregulation I could of only dreamed of having access to what new traders have available to them today. Please take your time and thoroughly research the market before making your final purchasing decision and be sure to invest in a top rated product and I am positive you will receive good value for your money and hopefully, something that will make you money in the future.

[ForexGen Customer & Trading Support]

ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.

[ForexGen online trading services] are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.
ForexGen provides full time assistances to support clients during the usage of [ForexGen platform], whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues.

Dealing Rooms.

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone ONLY in these situations:

* If you are not able to access the internet.
* Failing to receive a confirmation on an online order.

* Failing to connect to ForexGen server.

Forex Scalping Secrets For Success


Forex scalping is one of the most popular ways for traders to make money online - so what are the Forex scalping secrets for success you need to know and how do you win big? Let's find out...
The challenge of Forex scalping is to in just a matter of minutes or hours work out what a huge diverse mass of traders are going to do.

These traders all have different aims objectives motivations and skills so how do you know countless millions of traders are going to do and how can you profit from them?
The answer is Forex scalping secrets for success don't exist because, Forex scalping doesn't work. It's simply one of the dumbest ways to trade and here are some facts you need to know.
Forex Scalping System Track Records

They all have great gains but look closer and you will see it's a paper back test knowing the closing prices and that's easy. When the system trades for real dollars it gets smoked, as you don't get the closing price in advance in the real world.
All short term volatility is random
Support and resistance cannot be used to trade off when volatility is random and if you can't do that, you cannot get the odds on your side and you will lose.
The Myth of Scientific Movement
Many scalpers think the market moves to mathematics and science and don't believe price movement is random but it's obvious that mathematics is no help at all in trading. All the predictive theories get turned to dust. If of course there were a mathematical theory that worked, there would be no market as we would all know the price in advance.
A Better Way to Trade
If you like short term trading, then try Forex Swing trading, you can get the odds on your side and can win.

Forex scalping secrets is a catchy headline but day trading is really gambling and if you like gambling, that's fine but I would rather go to the casino, at least you have some fun losing!

[ForexGen Money Manager]

An individual who is responsible for the entire financial portfolio of another individual or another entity. A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.

Benefits of being a Money Manager with [ForexGen]:

* Providing three different commission sources.
* Weekly commission plan.
* Easy & fast commission withdrawals.
* Fixed percentage of the profits.
* P = k * D “P=Profit, k=Variable Parameter, D=Deposits”

The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.

The most competitive trading conditions:

* 2 pips spread on six currency pairs.
* Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
* Leverages up to 1:200 for accounts up to $1 million US.
* Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.

Forex Appreciation & Depreciation

As currencies from different countries interact in the Forex market they will face periods of appreciation or depreciation in their value respect to other currencies being traded in the global currency markets.
In other words this means that the appreciation or depreciation of a currency is a direct consequence of the market forces and not of some kind of government mandate.

For example a great depreciation can happen when driven by the panic of bad economic news in a country, most holders of the currency start trading it for more secure assets causing the currency of that country to depreciate; as for the ruble against the U.S dollar in the 1998 crisis in Russia.
Also it can happen that suddenly everyone wants to buy a particular currency so this will cause its value to increase or appreciate, given that country's currency more buying power but maybe starting an inflationary process at the same time and making the exports of this given country more expensive in the international market.

As you can see from what we have discussed in the paragraphs above. Appreciation and depreciation of a given currency has their good and bad consequences for the countries holding them . In the same manner, this two poles of the market value of the currencies must be treated with different approaches by the forex trader.
This takes us directly to the concepts of having long and short position in our forex trades. In short when you have concluded or have signals that the currency you are selling will appreciate you go "long", this is you want to have the currency as long as necessary for it to increase its value so you can make a profit. On the contrary if you think that particular currency will depreciate you then go "short", you want to get rid of it fast, at the price you bought it, before it loses more value.

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.


WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.