Forex Trading Beginners

By Kro Swell

Trading the forex market can really change the way you think about your future financial situation. Traders from around the globe invest in forex 24 hours a day. The great thing is even rookies can learn how to trade.

So now we have to figure out why you decided to trade forex. Spending time now on this question will help you in your execution later. There will be many factors that are involved in your trading style.

Most traders should start out as part time long term traders. This will help you learn the ins and outs of the market. Doing this also minimizes your losses until you fully grasp the concept.

Account size is going to determine a lot of what you will be able to accomplish. If you come in with a small acount do not expect to be a millionaire over night. You should always determine what you can afford to trade before getting started.

Everyone's favorite subject is risk management. Not really but it will probably be the number one factor in your success. You need to keep this number reasonable so that you can stay in the game long enough to profit.

When I first started I would jump from system to system not knowing what exactly I was looking for. I soon figured out that I needed something that worked with my schedule. If you pick a system and stick with it you should be just fine.

You should also remember that you never stop learning in any area of life. If something is not working for you scrap it and try something else. Make sure that you are doing this to better your situation.

I hope this has helped you to understand the kind of trader you would like to be. If you keep this stuff in mind you should find your way. Remember that forex trading can be very stressful if you don't have your paln in place. - 23218

About the Author:

Happy trading, make sure to visit Kroswell's forex tradingblog!

Gold Trading For Small Business - Why Is Gold The Best Option?

By James Goldman

Gold has captivated us over centuries now and is known to be a powerhouse of true value. People often perceive gold as the only real form of money. In many cases though we usually get challenged by the fact that gold cannot yield interest at all and thus it is not a wise place for investment. However, it should be noted that gold investments capitulate more interest in the form of real storage of the intrinsic value. But the main question here is why should small companies trade in gold and allocate smaller portions of their wealth in gold always? Youll be answered in the next few paragraphs

With different forms of investments vehicles available today such as properties, equities and bonds, one common class of investment asset often neglected are all the precious metals like gold, silver, platinum etc.

Considering the investment figures of 2006, it can be seen that investors wanted to invest primarily in commodities funds; they have realized that only gold bullion is a unique class of investment that was potentially underweighted in their own portfolios. Consequently it was realized that gold bullion, one of the natural resources, is undoubtedly the best tool for investment, especially for the small companies.

During the year 1999-2000, internet companies came in with negligible earnings, while gold was trading fairly well with USD 200-300/oz. However, people who trade gold have benefited more than the ones who have invested in internet companies.

Gold was not really loved as a class of investments then; it only opened an opportunity for all those small companies who had faith in the value of gold. But companies who had accumulated gold bullion then are richer now. Also, accumulating gold can really do wonders for you and your company " it helps your company get richer fast.

You can try it out. Try investing on a certain amount of gold every month " suppose you buy gold worth $A. Now hold this value of gold as wealth management. Although many people would consider this to be a weird proposition, but its up to you whether you want to accept it or discard it.

If your decision is affirmative, measure the value of gold every month and you would see your net income flow every month " you would be amazed to see that your monthly income flow would track the value of your gold and your net worth would increase steadily.

You can trade gold anytime you want to as the value of gold appreciates always. - 23218

About the Author:

All knowledge to gold bullion and ways to trade gold can be provided by Atlantgold.com for the small enterprise owners

Understanding Forex Accounts

By Ahmad Hassam

Good money management is the essential key that many currency traders miss. Many traders ignore adapting good money management rules at their own peril. As a consequence, they get their account blown in a few weeks of trading. You need to become a disciplined trader. Trading discipline means developing a trading system based on money management rules that limit your risk and avoid making trading decisions based on emotions. In the end, every trader has to develop his/her own insights and systems.

Without sufficient capital in your account, you wont be able to make meaningful capital gains. One of the worst blunders that forex traders can make is to trade without sufficient capital. Low capital increases your chances of getting blown out too soon. This does not mean that you should have a lot of capital before you start trading. You need to have sufficient capital in your account in order to take advantage of the movements in the currency markets. Low capital will never give you that opportunity.

A trader with limited capital is always a worried traders always looking to minimize losses beyond the point of realistic trading. The minimum amount required to open a standard account with most forex brokers is $2000. You can start with $2000 but it is recommended by most of the professional traders that you should start with $5000-$10,000 to get good results.

A standard account or a regular account (often also called 100k account), lets you trade a $100,000 standard lot with a $1000 deposit. This $1000 is kept as the margin by the broker. This is a 1% margin. Your account should have more than $1000 if you want to trade a $100k lot.

When you open an account with a forex broker, you must first determine what the default margin requirement is. You can change the account margin requirement to whatever you feel comfortable with. If you start with a 2% margin, it will cost you $2000 to trade one standard lot of $100,000.

You can get a leverage of up to 200% in most of the standard accounts. Using 200% leverage means trading $200,000 with a $1000 deposit. Too much leverage is dangerous. Dont use more than 4% leverage while trading in the beginning.

Its not that leverage is bad. It is a double edged sword that cuts both ways. It increases your profit but at the same time wipes you out in case of a slight miscalculation on your part. Its just that you need to understand and learn how to use it. You can only do so with practice. With practice and more experience, you can increase the level of leverage in your trading.

Mini accounts are great for newbies. You can open a mini account with a deposit of only $300. The mini account was developed to accommodate investors who were looking for diversification out of their stocks portfolios. This small dollar requirement allows many investors to participate in the forex markets who were previously unable to do so. Recently micro accounts have also been introduced.

On a mini account, you have different lot sizes as compared to the standard account. One lot on a mini account means $10,000. You only need $50 to control a mini lot of $10,000. A pip size on the mini account is equal to $1 instead of $10 as on a standard lot.

If you lose 100 pips on a mini account, it means losing only $100 as compared to losing $1000 on a standard lot. You can say a mini account reduces your risk by 10%. But it also reduces the amount of profit that you can make. Start with at least $500 on a mini account. A mini account is a great way for beginners to practice forex trading. Once you develop the feel of how the currency markets work, you will have to open a standard account. It is on the standard account that you can make good money. - 23218

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading and swing trading stocks and currencies. Discover A Revolutionary New Forex Robot. Develop your own Forex Trading System.

Vital Pieces Of Google Stock Price

By Anne Durrell

Google stock price started out at an initial public offering of just $85 per share in August of 2004. At the time analysts debated whether or not the company was worth it.

That time the market was not ready to the idea that online companies could be very valuable. Google's value was intellectual property instead of real property.

Long story short, there is absolutely no reason to debate about this anymore, since Google stock price is 5 times its initial value and 5 years later the company has the market value of $175 billion dollars.

The initial climb was the most impressive as the google stock price rose to over $100 in the first day, and then doubled within the next three months.

Now that analyst debate on different things on Google company, they debate on a matter of how much more it will grow and how quickly.

Though the early growth of the company was unsustainable and unrealistic, but over the past few years their stocks has settled into a traditional pattern growth, but with the exception of the recession which has been detrimental the entire marketplace and tech sector.

Many investors has a great confident on Google stocks even though no stocks comes with guarantee, but as a reliable company, Google is not likely to lose value significantly, at least not like any other marketplace as a whole.

The up to date Google stock price can be found at any time by searching using the company's exchange symbol "GOOG."

It is also important to note that there are two types of Google stock, Preferred and Common. Preferred stock prices are traditionally higher because these stock holders are paid dividends before dividends are distributed to all the common stock holders. Both types have voting rights. - 23218

About the Author:

Anne Durrell comes from California, USA. She has written several articles on online trading . You may want to check out her other guide on stock market ticker tips, and after hours stock trading guide!

Mutual Funds

By Bob Jones

Mutual funds are one of the ways that people can use to earn some money by saving in a safe way. With mutual funds the company has an investment of stocks and bonds that can increase the client's outlay. While many countries have their own version of mutual funds you will discover that Canadian mutual funds have a parent company that oversees their activities.

Usually, Canadian mutual funds are applicable only to residents of Canada. If you want to invest your money in one of these Canadian mutual funds then you have to investigate the matter very carefully. The various companies that you should investigate should have all of their terms and conditions denoted in a clear and easy to understand way.

You can look through financial pages of the newspapers and the Internet to see how the various Canadian mutual funds are doing. These lists will help you to make a comparison between the mutual funds you are interested in.

To gain a better picture of what kinds of stocks and bonds there are in each of these companies, you should look at the listings that are given. Compare these details with those of other Canadian mutual funds.

For the most part, Canadian mutual funds will have the same kind of funds as the mutual funds in the US have. These funds include index mutual funds, low cost funds, front load funds, no-load funds and others. However, before you decide to invest in a Canadian mutual funds group, you may need to get some legal advice.

This advice will have to deal with the questions of tax that you might have to pay on both sides of the border. This is vital as the taxation authorities in the US require shareholders in investment corporations to pay some type of tax on capital gains distributions. You will need to know how the Canadian government looks at the tax rates for Canadian mutual funds.

There is one point that requires more thorough inspection when you are investigating the various Canadian mutual funds. Canadian mutual funds can hold a number of different brands of stock under the umbrella of one fund. For example, you will find that the 'RBC ('Royal Bank of Canada') Asset Management Inc.', has one kind of stock brand called the RBC Funds. Whereas 'The Mackenzie Financial Corporation', on the other hand, has nine different brands.

All of this makes the option of investing in Canadian mutual funds quite interesting. If you are interested, you will need to find out how you can invest in one of these funds. Your financial advisor should be able to provide you with help in this direction. - 23218

About the Author:

If you are interested in Canadian Mutual Funds or investing at all, please go along to our website called Investing in Mutual Funds