Beauty With Brain, 7 Selebriti Punya “Otak” Yang Genius

Forex Platforms - Liquid, Large and Nimble What does it take to get started in the arena of foreign currency trading? I first asked that question about 2 years ago. What was distinctive to me about foreign currency trading (or forex ) was that you didn't need thousands of dollars to get started, and equally important, the markets where these instruments traded were open 24 hours a day. Of course there was a downside to the appeal as well. While the leverage offered through forex was 100:1, 200:1 and even 400:1 with some online brokerages, one would need to be skilled to make that leverage work in your favour. Clearly you could possibly lose substantial amounts of money without either: proper training from experts in the field; or alternatively the ability to adopt the "MasterMind" principle - to use vernacular of Napoleon Hill. Clearly, there were successful, well documented examples of authorities one could draw upon to substantially increase the likelihood of success. (The step chosen by the author.) And, equally true, there were services out there which basically would supply a newcomer with buy and sell signals-which all but guarantee that these signals were profitable. Lets start with more on the basics of online brokerages. First, online retail brokerages now exist that provide free software platforms permitting forex trading with less than $1000 startup capital. Second, as I point out further below, there are clear differences in the level of service, the degree of capitalization of, and most importantly, the built in fees charged by each online brokerage offering forex to the public. Each firm gets its profits from charging a fee each time a trade is placed . This special fee is termed the "spread". It is the difference between buy and sell quote prices given to the trader when placing the trade. The larger the spread, the more likely that the brokerage has considerable overhead, associates, introducing brokers and the like, who get paid to bring more business to the firm. Further, these spreads are variable with many firms, and are generally larger across the less highly traded currency pairs. (Each trade is in fact not a simple buy or sell of one currency, but the exchange of one currency for another-termed a "currency pair". Whether you "buy" or "sell" you are engaged in enacting a transaction of the first currency with respect to the second. If you "buy" the EUR/USD, then you are exchanging US dollars for Euros on the transaction. To close the trade so opened, you reverse the transaction. You sell the EUR/USD. ). The more highly capitalized firms are listed on the cftc.gov website. Firms with higher capitalization levels can offer tigher spreads (less fees.) The more highly capitalized firms however may not always offer the highest leverage. Sometimes it's a tradeoff- a firm may be well capitalized with tight spreads, and may offer less leveraged accounts . At other firms, the capitalization may be less than top 10 status, with larger spreads, with high leverage. Leverage is attractive, but it may serve as a indicator of lesser capitalization of the firm. You want to learn as much as you can to get started with actual demo trading accounts. (Most online brokerages will give you a limited demo account to get started.) CENTRAL FACTS ABOUT FOREX I.) Foreign Exchange Markets Trade close to $2 Billion Daily II.) Foreign Exchange Markets are open 24Hours/day and depending on the brokerage up to 7 days /week. III.) Forex Trading accounts come in two sizes -a) standard accounts with $1000 or more in trading capital b) mini accounts: some firms offer startup accounts for less than $100; while other firms can get you started with $300 or more in trading capital; IV.) Some Trade brokerages provide their own trading software platform; All software platforms will permit multiple currency pairs to trade. Some but not all software platforms will allow custom programmed entry by users. Here's a good tidbit to alert you to a one very useful feature. Some platforms give volume of transactions directly as an indicator. This is very helpful because it serves as a confirmatory indication of breakouts. One can trade successfully without volume (using substitutes), but the direct knowledge of it is very helpful. The CMS Forex brokerage platform for example gives over a dozen currency pairs to trade, allows programmed trading, and it will permit you to start with a demo account. If none of this is new news, then you're probably looking for an online broker. I can suggest a few, each with customizable software suites, ability to open standard or mini accounts, and other support. Numerous online brokers are available, and offer demo accounts for new clients. If you prefer to just get Automated Trade Signals : Here's a way to get automated trade signals, up to 4 times a day for intraday trades, or once a day for Daily trades:the founders of this service indicate they use intermarket analysis, with neural programming to input a variety of data leading to signal generation: http://mlyoungfx.tripod.com For MoreOn Technical Indicators For more about successfully using Technical indicators (RSI, MACD , etc.) plus a copious supply of references to successful Forex traders: you can contact the author for additional reference information. Though the above "cross-based trade entry" method is simplistic, you get the idea. You test, in this case the moving average of closing prices; "cross" is a specific method available in some software platforms, which evaluates two parameters or "inputs"; parameter 1 is "mov(CLOSE,10,EXPONENTIAL)"-and refers to the moving average of a Close price, with 10 sample data points, and with exponential weighting of the signal; parameter2 is similar, except the sample data point length is extended to 25 data points; When moving average1 crosses above moving average 2 from below, then the "BUY" order is executed; We can add other qualifying tests, or filters, to more specifically define when, how, at what price, and under what conditional stop settings such an order might be placed. You'll always wanted to test your trading program within a demo account, and you'll want to look at performance over several years of previous data. Most platforms will allow you to do that. Really good platforms will have integrated account management tools (as does the cmsfx.com platform), which will indicate your trading performance. However some management tools are of greater value, because they will show performance, yearly tabular performance, profitability, return on investment, and will in some instances show standard deviation in profit, on a yearly basis. A broadband connection is helpful, though not essential to place trades. Some platforms are suited for Dial-up connections. Given the choice, broadband is better. Broadband will clearly handle data throughput faster, and give faster data interpretation. You'll get better performance with at least 2MB of RAM on your system, and at least a PIV system. For Programmed Trading Optimization a) One well known expert suggests optimize your programmed trading for profit taking even when 3 std.dev. from mean profits. (That is, even when the parameters you've chosen produce poor results---i.e. are > 95% worse than your mean profit taking performance) then you still make money. b) Optimize over several years prior to current data--meaning 3 or 4 year periods, several times removed from current data, and then walk up to current data, one month at a time, continuing to optimize c) Optimize for trading exits-consider using some multiple of several std.dev. from the mean, for criteria setting on exit of of a trade---this will improve performance; or, some suggest the use of Fibonacci measurements to project retracements, and further price movement . d) Test whatever signal generation method you develop versus a basic moving average crossover variety, to gauge the performance premium gained. Foreign Currency ETFs ,Options And Futures:Clearly Definable, Limited Risk Another avenue some choose to gain exposure to Currency Markets occurs through ETFs (Exchange Traded Funds ), as well as Futures markets and Options on Futures. As of this editing (10/2008) over 1000 ETFs have come into existence, with a remarkable breadth of exposure possible. In fact, since the total number is increasing, it becomes necessary to use assistance programs (such as QEtfList) to more easily identify ETF trade symbol and sector. QEtfList may be had via: ETFs are instruments that combine the exposure of multiple securities into one tradable, sector-singular instrument. ETFs are much like mutual funds, except you get exposure to specific sectors without mutual fund-like commissions. Currency ETFs are now available, whereby one may be exposed to currency markets, although with the drawback of less leverage . Options on ETFs give the trader a clear, well defined risk, based entirely on the premium paid to enact the option. Thus, the trader knows entirely on execution of the option trade what the downside risk will be. Futures market have begun as well to trade in currencies. The International Securities Exchange for one (ise.com) lists Futures on the Euro (EUI), the British Pound (BPX), the Japanese Yen (YUK) and the Canadian Dollar (CDD). Other exchanges offer full fledged Futures contracts on the major currency pairs, with means to convert futures values in real time into equivalent spot market rates. I will be uploading some downloadable reports, by which those who would like more information can be better informed. Please check back from time to time, as this is an ongoing work. The wealth of resources out there is too numerous to list in one page. What I will do is attempt to summarize some of what is available for your continued growth and success. Disclaimer: This article is not an endorsement to trade any specific currency pair, or option or futures. Nor is this article an endorsement of a specific retail brokerage. The information contained herein, at the time of writing is believed to be correct and accurate. Future performance however is dependent upon factors including, but not limited to past performance.