Making Smart Moves With Your Managed Forex Account

By Roger K. Moxie

The Forex market may be a bit difficult to understand at first, but once you get it, you're set. Forex stands for Foreign Exchange. You may also see it listed as FX. If you've researched and still don't fully understand what Forex is, you may want to consider a managed Forex account. If you take a look at the Forex market, there are many terms that you may not understand. With the Forex being the largest market in the world, it would be good to get a better idea of what to expect from the Forex market.

The Forex market has no physical location, like the NYSE does. It is a virtual world that is run by large lending institutions and corporations. Because there is no physical location, the Forex market is open 24 hours a day. This allows investors to capture trends as they happen instead of having to wait until the next open trading day. The Forex market involves the trading of one country's currency for another.

The US dollar is considered the base for the exchange and is used as the basis for quotes. The value of the US dollar and all other countries currency depends on social and political factors. Values fluctuate sharply during political elections. If you are buying currencies from countries with solid political structure, Forex trading can be very profitable. Unfortunately, if you are buying currencies from countries that are amidst a coup or political unrest, you may be left holding something of no value.

With any investment trading, you are going to be putting yourself on the line. You may have steep gains, you may have drastic falls. Realizing that it's risky no matter what you exchange, you may want to employ someone to assist you. Forex brokers are expensive and unless you have money to throw away, they really don't provide any more benefit than an account manager does. Forex account management companies fill in the spaces between your answers and brokers huge fees.

A managed Forex account will be looked after constantly by your account manager. The manager will research current trends in the market and advise accordingly. Your account manager will seek out the best and most profitable currencies, telling you when to buy and when to sell. In the hands of an account manager, you can feel safe from the misunderstandings of trying to play the market on your own. Account managers are paid a flat fee, so there's no worry about the information that you're given being commission driven.

When you begin your search for a manager, use all possible tools to investigate the track record of the individual or firm. We can't win all the time, but seeing a trend of constant negative business should send you running the other way. Verify their qualifications online and get the fee schedule in writing before completing your first transaction.

The only thing you need to do with your managed Forex account is give the final say in trade moves. An account manager will advise you on all of the research they've done and any factors currently moving the market. Risk is risk, if you're going to trade in the Forex or any other market, you're going to have to take a leap of faith and accept the wisdom of your manager. Trends play a huge part in the Forex market, follow them. Not following them usually has some pretty unwanted results.

When you're not familiar or comfortable with the Forex market, it's best to get help before jumping in with both feet. A managed Forex account will provide you with the investment opportunities that you're looking for. It will also ensure the best possible trades advised by a professional. When in doubt, trust your account manager! - 23208

About the Author:

Roger helps you learn more about how to make a forex investment with a managed forex account.

Saving Hours and Dollars Via the Video Business Production

By Chuck R Stewart

The IPO presentation is necessary for a thriving business. Companies need it to raise capital when private placement capital may not be enough. It can be either live, in person or live, via the Internet. While there are many good reasons for giving a live demo, there are also many disadvantages. These disadvantages can be overcome through the business video production.

Lets discuss the varieties of presentations given today, starting with the live demo. Its obvious advantage is personal interaction and goodwill. This is a big advantage, but the drawbacks are just as strong. The most obvious is the cost and bother of travel. And the price of airline tickets, hotels, and rental cars is only increasing. In addition, the modern parent is less willing to be away from the family for days at a time. For these reasons, not traveling is growing in popularity.

Which leads us to the webinar. A webinar is a meeting via the Internet. In a webinar, the viewer can see the computer of the presenter, and they can speak to each other over the phone or VOIP (voice over Internet protocol). A web cam improves the process by making the presenter visible to the audience and, with a second camera, can even make the audience visible to the presenter. Under this optimal setup, the presenter has all of the advantages of the personal visit (the interpersonal interaction) without the pain (cost and time away from home).

Which brings up the webinar. A webinar is a presentation over the Internet. In a webinar, the viewer can see the computer of the presenter, and they can carry on a discussion over the phone or VOIP (voice over Internet protocol). A web cam improves the process by making the presenter visible to the audience and, with a second camera, can even make the viewer visible to the presenter. With this optimal setup, the presenter has all of the advantages of an in-person visit (the interpersonal interaction) without the disadvantages (cost and time away from home).

The second disadvantage of the live presentation is the foibles and imperfections of all humans that emerge as stumbles and fumbles. No matter how much we practice, we are doomed to imperfection, and the level of our professional mien is determined by the number of our "ers" and "ums" and slips of the tongue.

Once again, its developing technology to the rescue in the form of the high-definition video presentation. While this type of presentation has the disadvantage of the absence of direct human interaction, it overcomes the disadvantages of the live presentation and the webinar. Most obviously, it eliminates the need for the presenter to travel to the viewers site. Second, it saves the precious time of the presenter. Once the kinks are worked out of the video presentation, it can be viewed an uncountable number of times by an uncountable number of people. Third, the step of coordinating two or more schedules is eliminated. The video presentation can be viewed by each individual as it fits into his or her schedules, and the viewing can even be split into shorter segments that fit into the busy schedule. Finally, the perfected video has none of the slips of the tongue seen in any live presentation. - 23208

About the Author:

Chuck R Stewart recently reviewed the most effective methods to deliver an raise capital for a company looking to obtain financing. Chuck found that using a private placement company was one of the most proficient ways to develop the presentation.

Understanding Kelly Ratio

By Ahmad Hassam

In my last article we talked about the criteria for developing a good mechanical trading system. The important question is how to develop a trading system, evaluate it and then apply it with real money. There are many factors to consider while testing and evaluating a mechanical trading system.

For each trading system that we test, we need to not only know that the trading system is profitable but also whether it is profitable with limited equity swings. We should know does the trading system have excessive drawdown periods?

Three of the most important elements of mechanical trading systems are: 1) Clear cut rules for entry and exit for each trade. 2) Rules for exiting at profit targets and 3) Rules for exiting at loss targets or how much loss is permissible.

Do losses exceed gains more than what is tolerable in the long run? Does the trading system experience periods of time that result in significant losses that give back those gains when a string of multiple winners and substantial profits accrue?

John Kelly while working at AT&T Bell Labs had developed the formula in 1956 now known by his name. A money management tool used by system traders is the Kelly Formula or Ratio. Most traders do not know when to correctly add on a trading position.

It soon became popular with the gamblers. Gamblers realized its potential as an optimal betting system in horse racing. This formula enabled gamblers to maximize the size of their bets on consecutive races.

Gamblers would use the Kelly Formula to determine how much to parlay winnings into the next bet. Kelly Formula used by many traders to determine how much money to place on the next trade.

Kelly Formula is K=W-[(1-W)/R]. K is the Kelly Ratio percent value. W is the winning probability. It is the probability that any given trade that you make will return a positive amount. R is the Win/Loss Ratio. It is the total positive trade amounts divided by the total negative trade amount.

Kelly Ratio tells you the percent of your total account you should ideally be willing to risk on each trade to maximize your total returns. Suppose K is 25% then you can risk 25% of your account on each trade.

To be on the safe side you should half the ratio. Many traders argue that the Kelly Formula gives too high a figure. Suppose K is 25%. You should half it to 12.5%. It means you should not risk more than 12.5% of your account on a single trade.

You can use it in deciding which trading system is better in the long run. Kelly Formula can help you in comparing two trading systems. You should look for a trading system that has the highest Kelly Ratio.

Back testing is used to evaluate a trading system and show the strength and weaknesses of each trading system. You can use the back testing results in the Kelly Formula.

So back testing combined with the Kelly Formula can help you achieve in most market conditions, the highest trading profits with the lowest risks by choosing a trading system that is the best. - 23208

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and forex. Know The Candlestick Patterns. Learn Forex Trading.

Becoming a Millionaire in a Virtuous Way

By Mitchell Derosa

They say patience is a virtue, and there's no time this is more true than when you are setting out to increase your personal wealth. More money for the sake of having more money is monotonous; instead, honest work and new pursuits lead to the best kind of wealth.

Life cannot be exciting every minute of every day; in fact, if there's no period of downtime to compare to, nothing can be exciting at all. If the entire focus of your life is on becoming wealthy, you can sap all the other pleasures out of life. While everyone may want to be wealthier, we want to be wealthier for the items and experiences that wealth symbolizes -- not just to see an extra digit on our bank statement. The continual pursuit of wealth leads to destructive and risky behaviors, like gambling and black market dealings. Or you might find yourself so discouraged by your relentless pursuit of wealth that you squander money on meaningless entertainment to try to make yourself feel better. Wealth should be the earned reward of hard work; and the harder you worked for wealth, the more rewarding the experience will be for you.

While it's possible to get lots of cash quickly, the safer and more reliable route is to be patient and intelligent about it. By working hard and making smart choices, the odds of earning your first million are on your side, and you'll be more likely to continue making money for a lifetime.

The case is often times that the world's hardest workers are often the poorest. Working hard is only one part of the millionaire's formula; to make a good deal of money, you have to work smart. Let us put it in this kind of perspective: To be a millionaire, you need to take on a job that puts you in a office at the top floor, rather than of sweeping the front lobby on the bottom floor.

As what I said earlier that winning a gamble in a Casino, a million-dollar game show or a very rich relative leaves you a great inheritance, you can never have a complete satisfaction. Making millions needs a lot of careful financial planning and foresight. It takes years and years or even decades for people to reach the high figure they always desire. Plan your millions in long-term; this also means that you must find ways to keep yourself wealthy. Hit the books, research, listen to right financial advice, and apply your financial knowledge to investments and savings you make.

While there's always the chance you won't see your first million, your best bet is to set out on a course of dedicated work and diverse income streams that are likely to continue on in the future. Even before you see a penny of your first million, though, you can begin to develop the kind of attitude and lifestyle that you expect being a millionaire to provide you. You can work hard, develop a strong savings habit, and concentrate intently on your life goals. The road to wealth is a bumpy one, and the stronger your skillset and attitude are, the better prepared you will be for any eventuality. - 23208

About the Author:

To learn more info on financial news, just go to the website that has it all to become rich.

Project Pips - An Honest Review Of The Automated Forex Software

By Dr. Ocan Petter

Project Pips is a new automated forex software, a trading system that is not shy of any uniqueness, easiness and effectiveness. You don't need to know anything about trade - this automated forex software and system proves that trading doesn't need to be a hard-core science or some complicated tricky calculation process. Its creator, a professional forex professional himself, knew that well and created this system that gives users the most complete and consistent trading opportunities than any other of the kind. What can the people who buy it expect from this automated forex software, though?

There is no guessing or calculation work, rather very professional and comprehensive trading signal service which offers the best possible trade to the user. What you need is internet connection and login information. This platform equally works on PCs and Mac.

The Project Pips doesn't need any particular requirements in terms of your initial investment: you can start with one dollar or more than one thousand; it's up to your budget and your trading instincts. The simple truth is that more invested money could bring you more profits, but the rule of multiplication comes on its own.

The Project Pips allows you to trade as much as you want and as often as you want. It does all work for you - your participation is minimal. Forex asks you only to place the trades once it finishes all technical tasks and finds the best deals for you. This software, as accurate as trading process needs to be, uses a very complex algorithm based on mathematical calculations. This automated forex software does research and compares available deals.

What come in front of you are simple signals - "sell now" or "buy now". Your job is to generate the messages and to choose what you want to buy or sell, and to place as many orders as you want. Process is quite simple and time saving. You even don't need to know much, or anything at all about trading, it is that well automated. But benefits from this program can help you learn something about a general trading situation in the world.

It is an automated forex software that requires you to spend just a few minutes when logging in and out. It requires minimum intervention and participation and it is a very dependable and decent solution.

Some of its advantages are that it is simple to use and easy to understand and comes with a step by step guide. It is a honed to perfection automated forex software, designed in such a way to save your money even if the market goes down. It is money making machine that makes money for you, even if you don't participate at all;it comes with three strategies that will help you generate great revenues as it has clear entry and exit rules. Therefore, you can pinpoint the exact market points, knowing what the trends are, when you should stall or reverse.

Project Pips is an automated tool, a helpful tool for the average or expert user and everyone who wants to suceed in Forex Market. - 23208

About the Author:

With low investments and higher returns, learn all about automated forex software on: http://bit.ly/19uqto Give yourself the freedom you always wanted with forex trading.