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Thursday, May 28, 2009

A Forex Education is What You Need to Profit in Forex Trading

By Bart Icles

Hearing the success stories of people who got (very) rich in the Foreign exchange market can be a very powerful and exciting catalyst that can make almost anyone want to jump right into Forex trading without even knowing what it is all about. Because majority of people are so much in need of financial resources these days, the temptation to join in in any form of "business" that promises to give immediate and large amounts of profits in a short period of time, can indeed be very hard not to ignore. But do remember, that for every success story that goes around, there will always be its opposite versions that somehow will never see the light of day.

So if you're still undaunted by this terrible yet truthful fact, it would be to the best of your interest, and for the sake of your sanity to get prepared in the best possible way before actually stepping into this highly volatile and risky industry by getting a Forex education. Getting educated on all the basic and vital facts about how the Forex currency trading works is your only hope of surviving it while making a profit in return.

Technology has played a great part in the revolution and transformation of the currency market since its inception, and has made it what it is today. So, it is not only fitting but also a viable option to let that technology work for you and help in transforming you into becoming one of the industries most fittest and capable of warriors to do battle in the vast and danger-filled arena of the currency market.

The online courses are study-at-home courses which you can find on the web and which can be downloaded to your computer. Many legitimate and experienced traders offer free or affordable tutorials, tips and advice - so don't get fooled into buying expensive ebooks or other data from inexperienced individuals who are only out to steal your hard earned money.

If you choose this method of learning, do some research on the Internet, and ask around for some references on where to find good Forex online training programs. Between online and on-location courses, the first is the best option to take into consideration as it offers more flexibility in terms of giving you the freedom to study at the comfort of your home, and at your own time and pace, away from the complications of school classrooms and the many distractions it presents.

So, if you still plan on investing your time and money on Forex trading, get a good Forex education to help protect yourself and your precious resources. - 23208

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Forex Megadroid Review Automated Forex

By Frank Rivera

With the recent success of FAPTurbo, many scalping robots have come along as cheap knockoffs of the original. Most of them are not profitable and they prove to be ripoffs. Forex Megadroid recently came out and many people figured that this was just another one of those. Someone else claiming to be able to scalp money out of the forex market with a robot. However, when the dust finally settled, people found that Forex Megadroid was pretty good as well.

What makes the Forex Megadroid stand out from the rest? Forex Megadroid is an expert advisor that integrates easily with any MetaTrader 4 trading account. This means you're able to choose your options when it comes to brokers.

This robot trades in the pre-Asian trading session and you'll find that it offers one extra currency pair than FAPTurbo can offer. The EUR/USD can display reasonable spreads throughout the pre-Asian session so you'll find that there are frequent opportunities for trades.

This robot is a little more accurate than FAPTurbo or any other robot for that matter. It picks entry points that are a little more accurate than others. It also has a little bit different trading strategy than other EA's out there. It doesn't trade as often as FAPTurbo, but it usually gets bigger profits per trade. For example, you might be getting several $5 and $6 winners out of FAPTurbo, but you can expect some $25 and $30 or more winners out of Megadroid. It just won't trade as often. You will get two trades at the most per day and sometimes one or none.

This means instead of seeing several small profits of $5 or $6 throughout the trading day like you would with FAPTurbo, you should instead see one or two larger winners of $25 or $30 with Forex Megadroid.

One of the minor differences with the Forex Megadroid is that it doesn't offer the same level of customization that the FAPTurbo can offer, however this can make it much easier to use for novice traders. The robot makes your trading strategy very simple. You just input the amount you're willing to risk with each trade and the robot will factor in your risk tolerance levels with each trade placed, including stop-loss trades.

The Forex Megadroid is very simple to install. Once you've downloaded the software, you just drag the robot and drop it onto your MetaTrader 4 charts. This allows you to begin trading within only a few minutes.

In conclusion, the Forex Megadroid is a quite effective trading robot that has a few similarities to the FAPTurbo, but also has the notable difference of having a higher accuracy rate and uses a different currency pair. While the amount of trades might be lower, the win rate is higher for those trades is does place. - 23208

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FAP Turbo Software Review - Is FAP Turbo by Steve Carletti Another Forex Scam?

By Jack Walsh

I was recently asked about FAP Turbo and whether it was worthwhile considering the fairly large investment required. Now more than ever, it seems that Forex is an incredibly good opportunity to make money.

For example, the drop in the Aussie dollar in the last few days from around 77 cents dropping to its low so far of 64.5 cents. To put that in context, their is 100 Pips in every cent so a 13 cent fall is 1,300 Pips. If you were trading at just $1 per Pip, that would have been $1,300 in profit. If you had been trading at $4 per Pip, that would have netted you $5,200. And that's just in the last couple of days and at these small amounts.

trouble is however, that if you don't know what you're burden, you could mislay a lot of money... and that's where FAP Turbo comes in.

What is FAP Turbo?

Forex Fap Turbos main purpose is to automate the entire forex market, allowing you to trade on the foreign exchange market without doing anything. You can even make a profit while you sleep by using FapTurbo.

Fap turbo is a forex robot, a sort of mainframe plan that automates the strange replace trading usage.

My Experience With FAPTurbo

I'll be honest, I don't generally like automatic Forex trading robots. I just feel like the market is too unpredictable and I feel nervous leaving everything in the hands of a machine. However (there's always a however) this one really hit it out of the park, and for me to say that is really a surprise.

I installed it on my own processor (alhowever you can clearly run it on their attendant if you don't like departure your processor on 24/7) and the installation was a breeze. I have been with a tape account and so far the fallout are very hopeful. I'd go so far as to say they are the best fallout I have ever seen from a Forex trading robot.

I also put in a fake client proof objection to analyze their help center and I am satisfied to say they responded very promptly, so two thumbs up there

Downsides of Fap Turbo Robot

Of course, no product is ever completely perfect. will only run when your computer is online. If your internet goes down, you disconnect, or you turn off your computer, Fap turbo will stop running. This means you could potentially miss a great trade. However, there is a solution. you can sign up for their forex hosting service. This will keep your Fap turbo robot online all the time, constantly seeking trades for you.

However, this service will cost you $70 a month. If you can cover that with the profits you make in trades, youre good. If youre just starting out, you might not want to spend the extra money. The price of FapTurbo is also pretty reasonable. You can automate all of your trading for about $100. Since the license for the program never expires, you wont have to pay for anything else ever again.

What Are The Benefits Of Joining The FAP Turbo?

1. FAP Turbo has some high quality video tutorials that show you exactly how to set up all your screens. Very professional well done.

2. FAP Turbo is a robot so you don't have to search all day for your trades it automatically places them for you. The course is reasonable priced at just $149. So it won't break the bank.

3. FAP Turbo offers a 60 day money back guarantee. Which is always nice and the only type of products that I will purchase have a guarantee.

From my early thoughts I think this software could be used by a beginner or an expert. Newbies will like the simplicity while experts will like the ease of use. If you don't like trading the market automatically then this isn't going to change your mind, but if you don't mind taking the easy way then this is probably the best product you can get. - 23208

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How are Stock Prices Decided Upon?

By Robbin Carols

There are basically two main ways to profit from buying stocks. First, many corporations pay dividends to their shareholders. They may pay 50 cents per quarter for each share you own. This is not required of a corporation, so you may or may not be paid dividends.

You can also earn a profit through capital gain. When you buy stock, you will pay a certain price. If in the future the price goes up, and this is what you want it to do, you can sell it and make a profit. Subtract what you paid for what you sold it for and this is your capital gain.

When someone buys shares of stock, they do so in hopes of profiting through capital gains. High dividend paying stocks are often sought after by retirees who are looking for a stable source of income.

You can't make capital gains unless the price goes up. (unless your selling short, but that's an entirely different idea) Stock prices are always changing and can go up or down. What makes them change?

The price of stocks goes up and down the same way that the price of anything else goes up and down. It is an economic principle of supply and demand. Maybe you remember that from your economic class.

It's all based on whether supply and/or demand go up or down and buy how much. An increase in supply will lower the price whereas an increase in demand will increase the price.

With stocks, if a lot of people want to buy a particular stock and not enough people are selling, they will have to raise the price to accommodate for it. If there are more people looking to sell than people willing to buy, they will need to decrease the price to get people to buy.

Understand supply and demand and you can understand what to look for in a stock. You want a higher price after you buy, so you want more people wanting to buy later on. - 23208

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Charles A. Floyd's Fap Winner Review - Taking a Closer Look at Fap Winner

By Tony Fold

Is FAP Winner a scam? Many Forex trading product sold on the internet may show outstanding back test results. But in actual fact, these forex product lose a lot of money when they are trading live. This is because some of them are programmed to fit past results, and this will not make them more successful during live trading.

To be honest, FAP Winner made me really skeptical at first. Its back test equity curve is really smooth and looked too good to be true to me.

What is FAP Winner?

FAPWinner is a membership site for Forex Autopilot (and FAP Turbo) users and includes not only the FAP system itself, but highly profitable settings and strategies you can use to maximise your profits.

Fap-Winner Membership gives you access to discussion forums, personal trading plans, online video conferences, one-on-one coaching, personal mentoring and much more.

My Experience With FAP Winner

I first joined FAP Winner earlier this year when I was considering trading with the Forex Autopilot. I think Charles offers a valuable service. I feel like he has done ALOT with what he was given.

Lets face it, the original Forex Autopilot had some flaws(if it didnt, there would be no FAP Turbo!).

Charles worked with his members to help overcome these flaws and still stay profitable. Youll find his live Forex Autopilot trading results over at FAP Winner. He took $10,000 in January 07 and grew it to over $50,000 in the last 2 years.

I did try the silver level of membership in preparing this review. For the silver level of membership you receive:

* A trading plan which simply shows you how to calculate lot sizes for you account balance and how many successful trades are required for you to make a million dollars (the plan makes a rather poor assumption that 100% of your trades will be successful)

* Access to an online forum

* Access to a support line (a web form which sends an email)

* A PDF document describing how to set up and trade FAPTS

* A 3 page PDF document, by Joe Broadhurst, which talks about trading as a business

* A copy of the FAPTS EA

What Are The Benefits Of Joining The FAPWinner?

1. Fap Winner offers periodical market reviews and recommendations which means that you're kept updated as to what's going on in the world of Forex.

2. FAPWINNER Automatically tells you when to increase or decrease your trade size

3. It has a vast user forum which offers advice, tips, and a place to share your views and see the views of others.

4. FAPWINNER Provides great settings & Strategies for FAPTURBO ( Charles talked about some of these settings in the recent chatroom). The settings will change with market conditions.

5. It offers 2 automatic trading programs which allow you to trade the market in a much easier fashion and increase your chances of making more money.

Remember, It's easy to get excited about making money with forex but be warned, it's easy to lose it all. Therefore, it helps to have the right training, support and resources. - 23208

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