search engine

Thursday, October 1, 2009

On-Location Forex Trading Courses (Currency Trading)


Foreign Exchange trading (also called Forex, FX, or currency trading) describes trading in the many currencies of the world. It is the largest and least regulated market providing the greatest liquidity to investors. Daily volume in the currency markets is around $1.5 trillion. By comparison, the NYSE daily volume averages $25 billion a day.

We provide the very best in Forex Training. We will teach you all aspects of the Forex trading world using the latest tools and software. You will learn to control your own order flow by using “state-of-the-art” Forex Trading Platforms with some of the best of breed Forex Dealers. You will learn how the Pros make money and learn the differences between Forex and equities trading. Decide for yourself which is the best instrument for you. Don’t be surprised to find that you can use BOTH in harmony. Forex offers 50 to 1 leverage and 24/6 trading hours – trade in the evenings, trade in the early morning before work. Learn to trade with discipline, a plan and the technical tools that the World Currency Traders use. Whether you are a novice or an advanced trader, now you can have the most comprehensive and professional learning experience available today.

On-Location Courses

Although the Internet has brought about the advent of the "virtual classroom," sometimes there is nothing better than saying "Been there, done that!" For many of you, the best way to learn something new is to remove yourself from life's daily distractions and go to a real classroom. The advantages of taking our courses in our physical locations are many:

1. Hands-On Training

Practice with real data and quotes on state-of-the-art trading software. During our courses, there is an atmosphere you can concentrate in, which is important now that we offer live trading in the classroom! You will participate in live trading with your instructor and call the trades. You will be able to practice the techniques and tactics on your own computer trading station, using the same Platform as your Instructor.

2. Education for Free

Our education programs are recognized, accepted and encouraged by leading FCM's. . You may be eligible for additional tickets discounts through our affiliated FCM's, such as $5 per ticket for 60 days after you take a course - an additional savings over and above the cost of the course.

3. Emphasis on Risk-Management

We help you develop your Risk Management skill through discipline and capital preservation. You will be taught and required to develop a Trade Business Plan that the Instructor will review and comment on to ensure that you develop a winning program.

4. Multiple Locations

Online Trading Academy offers its classes in multiple location throughout the world.

5. Trading Pros in Your Classroom and at Home

Obviously, you will have the "best of the best" in the Classroom. Online Trading Academy’s cadre of Instructors are all screened for their knowledge, past experience and their ability to communicate. Online Trading Academy also offers you a continued education for "after class" – when you need further instruction or have questions about learned techniques.

Always keep your trading systems simple. Too much information at one time on your trading screen could confuse and delay your decision to trade.
Broker - A lot of Forex brokers are in business only to make money from yours. Read forums, blogs and chats around the net to get an unbiased opinion before you choose your broker.
Sample the Environment - It is important to remember that many registered and online trading agents have fictitious platforms which mirror the real-time, live platform clients register and trade on. It is not only advisable, but it is also actively encouraged to initially open a 'dummy' account where fictitious Forex trades can be undertaken that closely reflect what real trades may be like when they are eventually undertaken. Such platforms are designed to give those that are new to Forex a feel and an idea what real trades on live markets will be like when the decision is made to begin trading.
Buy low, Sell high - Forex trading does not involve the physical purchase of the currencies, but rather involves contracts for amount and exchange rate of currency pairs. The potential for profit comes from the fluctuations in the currency exchange market. Regular daily fluctuations in the value of one currency against another give a clear advantage over conventional stock market equities and instruments. See Trading Illustration Only
Manage Losing Positions - Trades will sometimes inevitably on occasion go against you. It is important to accept them as an inherent part of trading. Cut your losses and move on having learned from any mistakes made. Always remember however that you will not be able to trade without losing some positions. It is important to manage these well.
Patience - Do not over-trade your account. Good money management practice is important and will help with profitability. This will go a long way in helping you develop a strategy which fits with your personal trading capital. Operate a trailing stop loss policy say 15 to 20 pips behind the trade. Minimize your good trades as long as you are confident.
Flexible Mindset - Don't set yourself false targets and expectations. Experts will tell you trading is not an exact science and setting oneself unattainable targets will only lead to frustration and feeling of failure when these targets are not met. Always maintain an open mind. The market is a constantly changing environment tunes your mindset to understand this.
And lastly but definitely not least, it is most important for all market participants to remember that unique experiences and past performances do not guarantee future results. Trading results can vary in any combination of circumstances. If you do not have extra capital that you can afford to lose, you should not trade in the foreign exchange market.
Invest wisely and take advantage of the resources and technology available to you in the market.

WHY SHOULD I INVEST IN SHARES


Almost everyone worldwide has an interest in shares, whether they realize it or not. Millions of people around the world own shares directly. However, many millions more have an indirect stake in the stock market through pension schemes, life insurance policies, NIT units, and other mutual funds. All of these, invest in shares traded on the stock market.Today, increasing number of people own shares around the world, while many more invest in pension schemes, have an insurance policy, National Saving Schemes (NSS) or another form of collective savings invested in shares traded in stock markets.However, investing in shares is different from saving in a bank or National Saving Scheme. There is more risk - but there is the opportunity for better reward over the longer term. With deposit accounts, you earn interest on your capital. When you take your cash back, you get back exactly the same amount that you first deposited (plus the interest it has earned). With shares, you may receive dividends but when you sell those shares, you might get back more than you bought them for, which is your reward for taking a risk.Nevertheless, because shares can go up as well as down in value, it is important to understand that taking a risk means you might get back lesser than you had invested initially. You can minimize your risk by investing in different shares or a collective fund. There is, however, the possibility of greater rewards. Funds invested in equities in the long term (five or more years) have outperformed regular saving accounts.You should remember that saving through the stock market should be seen as a long-term investment. Historically, money invested in shares over the long term (ten or more years) has almost always outperformed regular saving accounts.Before investing in stocks and shares, you should understand your own financial position and what you hope to achieve with your investments. Your regular financial obligations should be protected and preparation should be made for unexpected expenses

alertpay internet bank