Main Drawbacks of a Forex Trader | ForexGen

Why is it that very few traders succeed in the Forex trading environment while the grand majority of traders fail to achieve success? Although there is no hard answer to this question, there are a few things that will put you one step ahead and will definitely put the odds in your favor.

The main purpose of this article is to guide you through some important aspects of Forex trading. But in a different way, instead of telling you what to do or the best way to do it, it will tell you what to avoid. Sometimes it is better to identify the main drawbacks on a discipline and then isolate them so we have the best results at a certain level of development.

The search for the Holy Grail

Many traders spend years and years trying to find the Holy Grail of trading. That magic indicator or set of indicators, only known by a few traders, that will make them rich in a short period of time.

Fact: Well, there is no magic indicator, nor a set of indicators that will make anyone rich in a short period of time. The main reason of this is because market changes, every single moment is unique. Every Forex trading system will fail from time to time. Our work here is to find a Forex trading system that fits our personality as traders, otherwise the trader will find it hard to follow it.

Looking for Easy Money

Unfortunately most traders are attracted to the Forex market for this reason. Mainly because of the publicity showing or rather trying to show how easy is to trade and make money in the Forex market.

Fact: Yes, it is very easy to trade, anyone can do it. It is as hard as one click. But the second part of it isn’t that easy. Making money or achieving consistent profitable results is hard. It requires lots of education, patience, discipline, commitment, and this list could go to infinite. In a few words, it is possible to have consistent profitable results, but definitely it is not easy.

Looking for Excitement

Some other traders are attracted to the Forex market or any other financial market because they think it is exciting to be a trader.

Fact: Yes, it is very exciting to trade the Forex market. But if this is the main reason you are still trading the Forex market, sooner or later you will discover the most expensive adventure you have ever known. Do some thinking on it.

Not Using Money Management.

Most traders forget about this important aspect of trading. They think they shouldn’t be using money management until they achieve consistent profitable results. They totally forget about the risk side of trading.

Fact: Money management allows your profits to increase geometrically, but also limits your risk on every single trade. Money management tells you how much to risk on each trade. Using money management is a must if you want to achieve your trading goals. By using money management you make sure you are going to be able to trade tomorrow, the next week, month and the following years.

Not Being Psychology Tuned

This is one of the most underestimated subjects when it comes to trading. One of the main principles of financial markets is that the price of each instrument is based on the perception of each individual participant “the crowd.” In other words the price of each instrument is determined by the fear, greed, ego and hope of all traders.

Fact: Being aware of all psychological issues that affect the decisions made by traders will definitely put the odds in your favor.

Opening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just a few minutes. Representatives are available 24 hours a day, 7 days a week.

What Is Forex Trading? | ForexGen

Forex trading is nothing more than direct access trading of different types of foreign currencies. In the past, foreign exchange trading was mostly limited to large banks and institutional traders. However recent technological advancements have made it so that small traders can also take advantage of the many benefits of forex trading just by using the various online trading platforms to trade.

The currencies of the world are on a floating exchange rate, and they are always traded in pairs. About 85 percent of all daily transactions involve trading of the major currencies. Four major currency pairs are usually used for investment purposes. They are: Euro against US dollar (EUR/USD), US dollar against Japanese yen (USD/JPY), British pound against US dollar (GBP/USD) and US dollar against Swiss franc (USD/CHF).

If you think one currency will appreciate against another, you may exchange that second currency for the first one and be able to “stay” in it. If everything goes as you plan it, eventually you may be able to make the opposite deal in that you may exchange this first currency back for that other and then collect profits from it. As a note bear in mind that no dividends are paid on currencies.

Transactions on the FOREX market are performed by dealers at major banks or FOREX brokerage companies. FOREX is a necessary part of the worldwide market, so when you are sleeping in the comfort of your bed, the dealers in Europe are trading currencies with their Japanese counterparts. Therefore, the FOREX market is active 24 hours a day and dealers at major institutions are working 24/7 in three different shifts. Clients may place take-profit and stop-loss orders with brokers for overnight execution. Price movements on the FOREX market are very smooth and without the gaps that you face almost every morning on the stock market. The daily turnover on the FOREX market is somewhere around $1.2 trillion, so a new investor can enter and exit positions without any problems.

The fact is that the FOREX market never stops; even on September 11, 2001 you could still get your hands on two-side quotes on currencies. The currency market is the largest and oldest financial market in the world. It is also called the foreign exchange market or FX market for short. It is the biggest and most liquid market in the world, and it is traded mostly through the 24 hour-a-day inter-bank currency market.

When you compare them, you will see that the currency futures market is only one per cent as big. Unlike the futures and stock markets, trading currencies is not centered on an exchange. Trading moves from major banking centers of the U.S. to Australia and New Zealand, to the Far East, to Europe and finally back to the U.S. it is truly a full circle trading game. In the past, the forex inter-bank market was not available to small speculators because of the large minimum transaction sizes and strict financial requirements. Banks, major currency dealers and sometimes even very large speculator were the principal dealers. Only they were able to take advantage of the currency market’s fantastic liquidity and strong trending nature of many of the world’s primary currency exchange rates.

Today, foreign exchange market brokers are able to break down the larger sized inter-bank units, and offer small traders like you and me the opportunity to buy or sell any number of these smaller units. These brokers give any size trader, including individual speculators or smaller companies, the option to trade at the same rates and price movements as the big players who once dominated the market.

ForexGen now has a trading new client called MultiTerminal. The MultiTerminal is intended for simultaneous management of multiple accounts, for which is mostly helpful for those whom manage investors' accounts and for traders working with many accounts simultaneously.

The 6 Advantages Forex Trading Has Over Other Investments | ForexGen

If you are an experienced ‘FOREX’ Trader or just a beginner looking for the opportunities offered in the ‘FOREX’ market, Forexgen has created ForexGen Academy to give you the chance to get a ‘FOREX’ education and improve your trading skills.
No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.

There are many different advantages to trading forex instead of futures or stocks, such as:

1. Lower Margin

Just like futures and stock speculation, a forex trader has the ability to control a large amount of the currency basically by putting up a small amount of margin. However, the margin requirements that are needed for trading futures are usually around 5% of the full value of the holding, or 50% of the total value of the stocks, the margin requirements for forex is about 1%. For example, margin required to trade foreign exchange is $1000 for every $100,000. What this means is that trading forex, a currency trader’s money can play with 5-times as much value of product as a futures trader’s, or 50 times more than a stock trader’s. When you are trading on margin, this can be a very profitable way to create an investment strategy, but it’s important that you take the time to understand the risks that are involved as well. You should make sure that you fully understand how your margin account is going to work. You will want to be sure that you read the margin agreement between you and your clearing firm. You will also want to talk to your account representative if you have any questions.

The positions that you have in your account could be partially or completely liquidated on the chance that the available margin in your account falls below a predetermined amount. You may not actually get a margin call before your positions are liquidated. Because of this, you should monitor your margin balance on a regular basis and utilize stop-loss orders on every open position to limit downside risk.

2. No Commission and No Exchange Fees

When you trade in futures, you have to pay exchange and brokerage fees. Trading forex has the advantage of being commission free. This is far better for you. Currency trading is a worldwide inter-bank market that lets buyers to be matched with sellers in an instant.

Even though you do not have to pay a commission charge to a broker to match the buyer up with the seller, the spread is usually larger than it is when you are trading futures. For example, if you were trading a Japanese Yen/US Dollar pair, forex trade would have about a 3 point spread (worth $30). Trading a JY futures trade would most likely have a spread of 1 point (worth $10) but you would also be charged the broker’s commission on top of that. This price could be as low as $10 in-and-out for self-directed online trading, or as high as $50 for full-service trading. It is however, all inclusive pricing though. You are going to have to compare both online forex and your specific futures commission charge to see which commission is the greater one.

3. Limited Risk and Guaranteed Stops

When you are trading futures, your risk can be unlimited. For example, if you thought that the prices for Live Cattle were going to continue their upward trend in December 2003, just before the discovery of Mad Cow Disease found in US cattle. The price for it after that fell dramatically, which moved the limit down several days in a row. You would not have been able to leave your position and this could have wiped out the entire equity in your account as a result. As the price just kept on falling, you would have been obligated to find even more money to make up the deficit in your account.

4. Rollover of Positions

When futures contracts expire, you have to plan ahead if you are going to rollover your trades. Forex positions expire every two days and you need to rollover each trade just so that you can stay in your position.

5. 24-Hour Marketplace

With futures, you are generally limited to trading only during the few hours that each market is open in any one day. If a major news story breaks out when the markets are closed, you will not have a way of getting out of it until the market reopens, which could be many hours away. Forex, on the other hand, is a 24/5 market. The day begins in New York, and follows the sun around the globe through Europe, Asia, Australia and back to the US again. You can trade any time you like Monday-Friday.

6. Free market place

Foreign exchange is perhaps the largest market in the world with an average daily volume of US$1.4 trillion. That is 46 times as large as all the futures markets put together! With the huge number of people trading forex around the globe, it is very hard for even governments to control the price of their own currency.

Some Definition in Forex | ForexGen

Ask Price ¨C Sometimes called the Offer Price, this is the market price for traders to buy currencies. Ask Prices are shown on the right side of a quote ¨C e.g. EUR/USD 1.1965 / 68 ¨C means that one euro can be bought for 1.1968 UD dollars.Bar Chart ¨C A type of chart used in Technical Analysis. Each time division on the chart is displayed as a vertical bar which show the following information ¨C the top of the bar is the high price, the bottom of the bar is the low price, the horizontal line on the left of the bar shows the opening price and the horizontal line on the right of bar shows the closing price.Base Currency ¨C is the first currency in a currency pair. A quote shows how much the base currency is worth in the quote (second) currency. For example, in the quote - USD/JPY 112.13 ¨C US dollars are the base currency, with 1 US dollar being worth 112.13 Japanese yen.Bid Price ¨C is the price a trader can sell currencies. The Bid Price is shown on the left side of a quote - e.g. EUR/USD 1.1965 / 68 ¨C means that one euro can be sold for 1.1965 UD dollars.Bid/Ask Spread ¨C is the difference between the bid price and the ask price in any currency quotation. The spread represents the broker’s fee, and varies from broker to broker.Broker ¨C the intermediary between buyer and seller. Most FOREX brokers are associated with large financial institutions and earn money by setting a spread between bid and ask prices.Candlestick Chart - A type of chart used in Technical Analysis. Each time division on the chart is displayed as a candlestick ¨C a red or green vertical bar with extensions above and below the candlestick body. The top of the extension shows the highest price for the chart division and the bottom of the extension shows the lowest price. Red candlesticks indicate a lower closing price than opening price, and green candlesticks indicate the price is rising.Cross Currency ¨C A currency pair that does not include US dollars ¨C e.g. EUR/GBP.Currency Pair ¨C Two currencies involved in a FOREX transaction ¨C e.g. EUR/USD.Economic Indicator ¨C A statistical report issued by governments or academic institutions indicating economic conditions within a country.First In First Out (FIFO) ¨C refers to the order open orders are liquidated. The first orders to be liquidated are the first that were opened.Foreign Exchange (FOREX, FX) ¨C Simultaneously buying one currency and selling another.Fundamental Analysis ¨C Analysis of political and economic conditions that can affect currency prices.Leverage or Margin ¨C The ratio of the value of a transaction to the required deposit. A common margin for FOREX trading is 100:1 ¨C you can trade currency worth 100 times the amount of your deposit.Limit Order ¨C An order to buy or sell when the price reaches a specified level.Lot ¨C The size of a FOREX transaction. Standard lots are worth about 100,000 US dollars.Major Currency ¨C The euro, German mark, Swiss franc, British pound, and the Japanese yen are the major currencies.Minor Currency ¨C The Canadian dollar, the Australian dollar, and the New Zealand dollar are the minor currencies.One Cancels the Other (OCO) ¨C Two orders placed simultaneously with instructions to cancel the second order on execution of the first.Open Position ¨C An active trade that has not been closed.Pips or Points ¨C The smallest unit a currency can be traded in.Quote Currency ¨C The second currency in a currency pair. In the currency pair USD/EUR the euro is the quote currency.Rollover ¨C Extending the settlement time of spot deals to the current delivery date. The cost of rollover is calculated using swap points based on interest rate differentials.Technical Analysis ¨C Analysis of historical market data to predict future movements in the market.Tick ¨C The minimum change in price.Transaction Cost ¨C The cost of a FOREX transaction ¨C typically the spread between bid and ask prices.Volatility ¨C A statistical measure indicating the tendency of sharp price movements within a period of time.
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The Advantage of Forex | ForexGen

There are many benefits and advantages to trading Forex. Here are just a few reasons why
so many people are choosing this market:
• No commissions.
No clearing fees, no exchange fees, no government fees, no brokerage fees. Brokers are compensated for their services through something called the bid-ask spread.
• No middlemen.
Spot currency trading eliminates the middlemen, and allows you to trade directly with the market responsible for the pricing on a particular currency pair.
• No fixed lot size.
In the futures markets, lot or contract sizes are determined by the exchanges. A standard-size contract for silver futures is 5000 ounces. In spot Forex, you determine your own lot size. This allows traders to participate with accounts as small as $250 (although we explain later why a $250 account is a bad idea).
• Low transaction costs.
The retail transaction cost (the bid/ask spread) is typically less than 0.1 percent under normal market conditions. At larger dealers, the spread could be as low as .07 percent. Of course this depends on your leverage and all will be explained later.
• A 24-hour market.
There is no waiting for the opening bell - from Sunday evening to Friday afternoon EST, the Forex market never sleeps. This is awesome for those who want to trade on a part-time basis, because you can choose when you want to trade–morning, noon or night.
• No one can corner the market.
The foreign exchange market is so huge and has so many participants that no single entity (not even a central bank) can control the market price for an extended period of time.
• Leverage.
In Forex trading, a small margin deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum. For example, Forex brokers offer 200 to 1 leverage, which means that a $50 dollar margin deposit would enable a trader to buy or sell $10,000 worth of currencies. Similarly, with $500 dollars, one could trade with $100,000 dollars and so on. But leverage is a double-edged sword. Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
• High Liquidity.
Because the Forex Market is so enormous, it is also extremely liquid. This means that under normal market conditions, with a click of a mouse you can instantaneously buy and sell at will. You are never “stuck” in a trade. You can even set your online trading platform to automatically close your position at your desired profit level (a limit order), and/or close a trade if a trade is going against you (a stop loss order).
• Free “Demo” Accounts, News, Charts, and Analysis.
Most online Forex brokers offer ‘demo’ accounts to practice trading, along with breaking Forex news and charting services. All free! These are very valuable resources for “poor” and SMART
traders who would like to hone their trading skills with ‘play’ money before opening a live trading account and risking real money.
• “Mini” and “Micro” Trading:
You would think that getting started as a currency trader would cost a ton of money. The fact is, compared to trading stocks, options or futures, it doesn’t. Online Forex brokers offer “mini” and “micro” trading accounts, some with a minimum account deposit of $300 or less. Now we’re not saying you should open an account with the bare minimum but it does makes Forex much more accessible to the average (poorer) individual who doesn’t have a lot of start-up trading capital.

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as
many Demo accounts , and Live accounts as you need. All accounts can be created online and
managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and
No Dealing Desk accounts in one Profile. Instant Approval.

Forex Software | ForexGen

ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

Forex trading software helps investors working in the sometimes complicated area of foreign exchange transactions and should be looked at by all serious investors.

Using the older methods of reading hard copy newsletters, magazines and books worked well during its day and age, but today decisions need to be made quickly, and having access to up to date information and the ability to make a trade quickly is something that forex trading software offers the investor and it greatly increases the ability of an investor trader to work the market resulting in profit.

For the investor who is interested in acquiring forex trading software there are many good options. Checking with a financial advisor you trust to see what forex trading software he or she recommends can be a good place to start. Also going online and doing a web search of forex trading software can show many programs available.

Many people when going online will log onto message forums or join online groups that discuss forex trading and see what other traders like to use. Simply posting a message on the group asking what forex trading software is poplar and what the advantages and disadvantages of each program are can add to a person’s knowledge base and allow him or her to make a good decision when purchasing forex trading software.

Remember also that some specific forex trading software programs are available for short free trial periods. Experimenting with several programs will help an investor make a decision as to which forex trading software will offer the options and ease of use desired. This try it before you buy it approach will help a person avoid decisions that might be regretted later

.If, as an investor, you are using one of the many reliable online trading systems, the company that you are working through may have forex trading software they can furnish you. Often this is available for quick and easy download to your home computer and is already set up for optimum operation with the system with which you are working.

If your company does not provide forex trading software they probably have programs that they can recommend, that they and their members have had good luck with in the past. Always ask what forex trading software they recommend before making a purchase.Since the companies that manufacture and market forex trading software are competing for your business their advertisements and websites will list many of the positive features of their product.

Why ForexGen?

1. Lowest spreads in the market with 0-1 pips 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.

Take The Millionaire Test to See if you Qualify|ForexGen Tips

Take this six question test. Do you have the desire to make a million dollars or more? Yes or No Do you have at least two hours per day to devote to this desire? Yes or No Are you one who can take directions from a book? Yes or No Do you have the minimum risk capital today of $5k to $10k and if not are you willing to save to attain it? Yes or No Do you have enough sense to get the correct trading education before you start trading? Yes or No Do you write your financial goals down for your future? Yes or No

We are done with this test. There are six questions above; if you answered No to any of the above you really do not have enough desire to become a millionaire simply because you have no will power in your life.

Sorry, but it was you who answered the questions and I am giving you my thoughts.

On the other hand, if you answered YES to all the above, keep reading as the good news is there is hope for you as a millionaire! How?

First as an investor, stock trader, commodity trader, million dollar trader you must find the right trading education.

2nd: Once you find it, learn it well and then apply it into real life. Below are some serious hints to get you started on this million dollar wealth journey?

Keep your losses small or low and keep your winnings higher on average with 50% or better profits and on certain rare occasions take in upwards of 1,000% or more with Super Trade profits.

These Super Trades are very rare, but on certain occasions, do exist as you will soon see several times per year.

Then compound your winnings at least on a monthly basis for rapid growth. In case you are wondering what a Super Trade is, it is any trade that has the potential to produce for you a million dollars in profits within a 90 day period.

During my more than 20 years of trading, I have spotted several trades that have that ability. In fact, there are some trades out there right now that can generate that kind of action with adequate risk capital at stake once you learn how.

Did you know that you can actually have ten losing trades with small losses then have one or two big winners and come out smelling like a rose with very serious profits? That is trading sometimes.

You will find that some months it seems you can do no wrong and other months, nothing you will do seems to work into your favor.

It happens! When that nothing you do is right happens, take a two week vacation because you are simply not focused properly with your trading enough to win or your not doing the adequate research that is required to make you win at trading. After a vacation, start back up fresh.

You also need to learn the correct secrets of the trading world to amass millions quickly. Key secrets are needed to explode your profits.

First lesson: Learn to cut your losses early; 10% is a good stop loss, but you will get whip sawed a little bit.

If you have plenty of risk capital it increases to -20% or to a max of -25% for a mental stop loss is even better if you have done your research before you trade.

Remember this, if there is no risk, you can bet there will be no serious gain and please realize that every trade you do decide to trade is not going to win as big as some Super Trades that are rare trades.

You may just get three or four series of super trades a year. Hey, you just need one to become a millionaire trader so if you do not get it right the first time, keep trying.

You must learn to have discipline to become a savvy millionaire trader and also must learn that every now and then you must exit or offset your option trade and take a small loss if you”re going to make money at option trading.

It is simply a part of trading and far too few people who trade options do not realize that fact as a reality.

Prelude To Online Currency Trading| ForexGen Tips

During the prelude to online currency trading, a certain melding of the mind is needed to train the mind to view currency trading through the eyes of a trader and not that of an investor. Some people think that they can invest their monies in foreign currencies and think that they will make money in the long run no matter what mistakes are made in the meantime.

Transferring this perspective is critical to being successful in online currency trading. The values of currency change everyday and people trade them to make money from those changes everyday. Investors are making an investment in a commodity that will provide a profit but the profit will not be realized immediately. It usually takes a long time for investments such as real estate to show a profit. When currencies show a profit, that profit is realized almost instantly.

The prelude to online currency trading should include a reasonable amount of training in how to manage currencies and how to accurately project what the prices will be in the future. People learn to study trends and base their projections by looking at a specific currency on trading charts. If some currencies on the chart look like they are overdue for a rise in value then a day trader might consider them a good prospect to buy in the near future.

Some people dabble in the stock market but get very serious when they place their money on the line for a particular currency value to rise. Of course, they are only speculating that it will rise and know full well that there are no guarantees in online currency trading. People who invest their monies in real estate know that the value for it will rise, but when that rise will occur may take years to be realized.

Some people trade foreign currencies using an old age concept of practice makes perfect. There are training software packages that will allow day traders to get a feel for how managing currencies trades is done before any amount of money is put into play. The prelude to actual currency trading should always include a break-in period that gives anyone the opportunity to fully understand how to make a successful trade which is one that renders a profit.

Preparations to trade in foreign currencies are paramount to becoming successful in those trading activities. Learning about the people who are active participants in trading currencies will give you a clear view of the competition. Learning the culture of the country who owns the currency that will be traded might give some insight as to whether the value of that currency is liable to go up or down in value.

Are You a Nervous Trader | ForexGen Tips

Do not trade with money you cannot afford to lose.What do you need to know in order to become an intelligent trader who can beat the other trader you are trading against?

You do need a realistic knowledge of the marketplace to evaluate the current market information on hand and that is only part of what is needed to win at trading.

Afterwards, you will be able to place numerous time tested and proven different educated trading theories and option strategies as to what the outcome should be in the future for your own profits.

Trading is not an exact science and you will have some losses.Please understand, that is part of trading and you better believe it 100%.

My past trading knowledge comes from personal experience of trading actually hundreds of thousands of US dollars plus of my own money personally within the US financial marketplace.

So you know, a super trade to me is any trade that offers six figures or more profit within a 60-90 day period from a series of short term aggressive trades within the same sector.

If you are seriously conservative and scared to risk your money within different options markets, you really should not consider even trading options as it can be a fast pace market at times that needs a certain amount of attention and risk on your end for success.
I am not saying you need to be chained to your computer as most of your trades should take a time period of three days to 45 days or longer to complete.

The trick is to compound your profits weekly and monthly via my low risk option strategies. The only way around this not paying real close attention part is to buy longer term leap options that you can check on occasionally about twice a week at a minimum.

If you can not do at least that much, stay out of this option trading game or you will most likely lose.
For my conservative friends, very safe place to place excess money is in any MM (Money Market) fund backed by 100% US treasury bills.

These obligations use to be considered to be one of the most secure forms of investment in terms of safety in all kinds of wild markets and are liquid which means you can liquidate them as needed.

However, with the US Dollar dropping like a rock in water, they are still safe, just not a solid as before 2007 hit.

The US Financial Crisis of 2007 is an e-book you can find at the end of this article that can make you a better trader and can educate you on how to find new trend after new trend to profit seriously big.

Some of the Roles the Official Bank Interest Rates Play | ForexGen Tips

The average person regards bank interest rates as a vehicle for making money cheaper when they go down, and making money more expensive when they go up.

People are mostly concerned about how much more or how much less they will have to find to for their mortgage and automobile payments, etc.

However, there are other roles the official bank
interest rates play.

When a country increases its official bank rate, those with money on deposit earn more cash for it. It does not mean only the locals, but overseas investors start placing their money into that country as well. For that to happen, they are obliged to purchase the currency in question, which requires selling a currency they hold. It also means that those who were thinking about selling their domestic currency before the rate increase, may well change their mind since they would now hope to be able to earn more money by staying put.

Thus, a scenario might develop creating more buyers than sellers, prompting the currency to appreciate.

However, there are two sides to that, because the speculators might figure it may not be prudent to invest money into the country just because its interest rate was raised. They may interpret that situation in a different way, and have their own ideas about the position of that particular currency. Therefore, the currency which anyway might not have been the flavour of the month, can become the recipient of a rather negative sentiment, and consequently even start depreciating.

Every country needs to trade, and goods have to be manufactured and exported to earn foreign money. Of course to make things, you have to buy raw materials to make them. If your currency is weak, the raw material will become expensive since the foreign currency has to be bought to get that material. However, if your currency is too strong, the goods will be expensive to export.

Finding the right balance and not overshooting one way or the other takes time and particularly if a series of other factors keep coming into the equation, thus causing all sorts of volatility. As can be imagined, not many businesses are keen to se going on for too long.

The central banks purchase and sell currencies in order to keep things in some sort of shape they would like to see. These kind of treatments and interventions can push the value of the currency up or down for a certain limited time.

Being able to understand the full role of the official bank interest rates and the reasons for their introduction, can be of value for both the foreign currency and property investors.

If playing these markets, remember that to make a profit it is important to use the best tools for the job. In the case of foreign currency needs, the various companies that provide really excellent service offering cheaper rates than the high street banks do, can be found with ease on the internet. By phoning around, one can soon discover the best currency rates going.

ForexGen Academy | Best Specialist

ForexGen Academy is the most popular specialties have grown to 60 % in comparison with last year.

Growth of the academy has on the average made 15 % in comparison with 2003. Thus ForexGen Academy have raised training cost in separate popular directions of preparation and specialties.

Experts of ForexGen have conducted an estimation of sites of ForexGen Academy participating in research "Complex public estimation of ForexGen Academy. On the basis of it the rating of ForexGen Academy of availability of the information for entrants in entrance examinations of 2003 has been constructed.
Also you can open a live account and you Download our platform from our website ForexGen.

ForexGen Institutional Trading Floor

ForexGen is the first centrally-cleared to serve the evolving needs of the High End FX market, including speed, efficiency, centralized clearing and complete anonymity.
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ForexGen offers bank participants unprecedented access to its platform through a variety of means including:
Powerful API
Corporate version of our Trading Stations
Corporate version of our MultiAccount Client
Automated Trading Systems
Access to our High End Analysis Tools
Providing Access to All Major Currencies
ForexGen will initially support spot FX transactions in all major currencies against the U.S. dollar: the euro, Japanese yen, British pound, Australian dollar, Swiss franc and Canadian dollar. all cross currency pairs are also be supported. CFDs and wide range of quality instruments are supported.
For banks, contact us today to setup a meeting with one of our Executive Account Managers
For more information visit http://institution.forexgen.com/

Exchanges Around the World with ForexGen

Technology has fueled the growth of global trading over the past decade, fostering dreams of a single universal marketplace. Yet, investors who have diversified their portfolios across borders and product lines might not always know how their orders are handled on a multiplicity of exchanges and market centers around the globe.
Rules and trading technologies differ significantly not only from one country to the other, but often from one exchange to the other. Rules change frequently too, as exchanges continue to evolve from members-owned monopoly utilities into competitive execution businesses.
ForexGen LLC , which provides direct access to over 50 exchanges and market centers around the world, has incorporated these various exchange rules in its SMART-routing technology to ensure that customers obtain true best execution, no matter what product they trade or where they trade it.
The business of the exchanges is in flux, due to heightened competition and the consolidation trend inherent to a utility-type sector. A number of exchanges have already demutualized and turned themselves into for-profit corporations, some of which are publicly traded. Other markets are merging to better compete in a low-margin business where innovations require substantial investments.
U.S. exchanges face important regulatory challenges as well, with the Securities and Exchange Commission mulling crucial reforms to modernize U.S. capital markets in the 21st century. for more informations....
The proposed Regulation NMS would acknowledge the advance of electronic trading and likely force the remaining floor-based securities exchanges to alter their model in order to remain competitive. In anticipation of the changes, the New York Stock Exchange has already submitted a proposal for a new hybrid model.
An even bigger challenge may come from the SEC concept release on self-regulatory organizations. It questions the أ¢â‚¬إ“advisability of implementing enhancements to the current SRO system or pursuing an alternative regulatory model,أ¢â‚¬? which could lead to a single independent regulator with no business ties to the exchanges. Without a regulatory franchise, exchanges would be businesses fighting for customers.ForexGen has followed how trading began and is still evolving on the major venues that its Universal platform accesses via broadband to trade equities, exchange-traded funds (ETFs), options, futures, foreign exchange and bonds. With Universal, ForexGen provides a gateway to global markets and multiple products from a single account in a single currency.read more....

Managed Portfolios

With Managed Portfolios, you can leverage an experienced team to increase the effectiveness of your investment strategy and custom portfolios. You provide investment guidelines and cash-flow requirements. Focus is on investments with duration up to three yearsFlexible ExecutionInvestment alternatives are tailored to your investment goals:
Cash أ¢â‚¬â€‌ Limit principal fluctuation while enhancing yields relative to money market instruments. Investment instruments include commercial paper and government instruments.
Extended Cash أ¢â‚¬â€‌ Maximize yields and reduce the risk of rolling over instruments at lower rates. The aim is to increase flexibility on the maximum duration of securities.
Enhanced Cash أ¢â‚¬â€‌ Earn higher returns for longer duration. There is higher risk for potentially higher returns.
Why use Managed Portfolios?
Enhance yield by leveraging ForexGen's expertise and market position
Increase efficiency and cost effectiveness by outsourcing investment management
Maintain control through a strategy tailored to your investment guidelines and goals
Learn more through http://institution.forexgen.com/institutional/managed-portfolios-2.html

ForexGen Pooling Services

ForexGen Pooling Services aggregates trading accounts without commingling of balances for the purpose of overnight investment and earnings calculation. Long balances are first used to self-fund accounts in overdraft, and domestically, the net excess is automatically invested in one of many overnight investment options. Pooling provides account-level autonomy combined with centralized liquidity management. The service is supported by flexible account-level earnings calculation, earnings distribution and automated reporting.Throughout our global network, ForexGen offers a full range of pooling options where local regulations permits. These options consist of fully notional single and multi-entity pooling, cross-border pooling and hybrid structures that combine physical sweeps and notional pooling. Multi-currency pooling is also available. read more.....
Why use ForexGen Pooling Services?
Utilize internal cash for self-funding opportunities
Enhance earnings on credit balances and reduce overdraft charges
Decrease administrative costs associated with sub-accounting and posting of inter-company interest.

ForexGen Trading Station:

ForexGen Trading Station is the client's part of the online ForexGen Trading Platform. We provide all the needed trading tools for a successful trading. We attempt to supply the sufficient information and tools in order to make the Forex traders' decisions more appropriate and easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing technical analysis and develop Forex trading strategies of their own. ForexGen provides continuous real-time information and sophisticated technical analysis tools. ForexGen Trading platforms are stable, secure and characterized by its unique performance. It is the best solution for trading on Forex, CFD and Futures markets.

The ForexGen Trading Station is our clients' gateway to the world's Foreign Exchange and Bullion markets. We have chosen the ForexGen Trading Station as our solution for the professional trader because in our opinion, it is the most reliable, professional and secure online trading software on the market at the current time.
ForexGen platform features:
• Streamline dealing with no request for quote for up to 200 lots (20 million).
• ForexGen trading platforms have a friendly user interface that is both easy to use and to grasp.
• One click orders execution.
• Providing real-time charts with the most common indicators.
• Advanced charting tools with many technical analysis features.
• Daily account statement.
• Provides many order types to employ the desired trading strategies and mange the risk.
• Summary of client's orders, floating profit& loss, account equity, etc within real-time.
• Follow P&L and open positions within real-time.
• Providing a multi-lingual platform that supports 14 different languages.
• Exclusive technical analysis daily to your mailbox in the Trading Platform.
• Providing news headlines directly in the system.
• Provides research reports for every day and every week.
• Showing real-time prices in the major currency pairs that are constantly updated.
• Providing tools enabling the ForexGen's clients who have real accounts to program their own trading strategies with the Expert Advisor.
• Clients with real accounts can discover the ForexGen's trailing Stop feature.
• Providing a high level of security found in the client's unique username and password. We strongly recommend you to open a demo account to try the many features of our system. For further information or assistance, please do not hesitate to contact us at any time or simply request a call back. for more informations.....
• Working with securities of Forex, Futures and CFD markets.
• Various execution technologies: Instant Execution, Request Execution, Market Execution.
• Confidentiality of all trading operations.
• Unlimited charts quantity.
• Support of various timeframes (from minutes up to months).
• Large number of technical indicators and line studies.
• Experts, Custom Indicators and Scripts.
• Multilanguage program interface.
• Signals of system and trading actions.
• Getting on-line news from financial markets.
• Internal e-mail system.
• printing charts and completed trading transactions statements

http://www.forexgen.com/