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Sunday, July 12, 2009

Frequently Asked Questions..??

How much money do I need to start trading?

Depending on the amount your broker charges you for commission, you can start trading with an amount as low as $1,000. Remember that starting out with low trading capital may put you at disadvantage because you will only be able to trade forex in small share lot sizes.

I live in Europe, will your trading approach work here?

Although our customer base is 65% North American a great number of people from countries such as United Kingdom, Germany, Holland, Spain, Italy, Singapore, Egypt, Australia, New Zealand ... have been able to successfully implement our strategies. Concepts and techniques that are explained in the course work from anywhere in the world. The course has been designed to be useful in every country

What does the "Forex Trading Course™" include?

The "Forex Trading Course™" covers all aspects of currency (forex) trading and it includes a proven strategy that is explained with real life charts and examples.

Will I be required to buy any additional products from your company in order to be able to implement your strategy?

Absolutely not. We are not affiliated in any way with any software provider, brokerage house or any other investment services firm.

Does the strategy cover currency pairs other than EUR/USD or USD/CAD?

The strategy has been designed to be useful for trading any major currency pair such as EUR/USD, GBP/USD, USD/JPY, USD/CHF etc... The examples in the course are mostly EUR/USD and USD/CAD, however our forex strategy can be easily applied to any other currency pair.

Can I use the strategy at trading instruments other than currencies?

The trading approach taught in the strategy can be used at any financial market. However, if you are planning to swing trade, forex market is highly recommended due to high volatility and a great number of trading opportunities.

Do I need any specific academic background in order to be successful?

Not at all. Successful active traders and day traders come from many different professions. Very often, people who are very successful at school or at their businesses wrongly believe that their success will be automatically translated at forex trading. It is usually not the case. Active trading has its own learning pace and our strategy will prepare you to enter this exciting field.

What kind of Internet connection and computer hardware do I need?

The kind of Internet connection that you should use depends greatly upon your trading style. Active day trading requires high bandwidth, high performance and reliable Internet connection. Although it is possible to successfully day trade using regular phone line connection, we would recommend you to use either Cable or DSL Internet service if it is available in your area.

Wednesday, July 8, 2009

simple tips for stock market investors:by stock market guide

1. Investment is very easy if you approach stock markets with an open mind. Don’t clutter your mind with numbers like support, resistance and volumes etc. Those are meant for traders. We are investors then why should we waste time in thinking about them.

2. Invest in good companies with sound business prospects at reasonable valuations and give management sufficient time. Treat every short term fall as an investment opportunity. Sincerely believe in fundamentals.

3. Read every good article on businesses and companies. Listen to every expert. Analyse them in your own way then invest in good stocks. Don’t follow any one blindly. I daily spend 6-8 hours in reading and 1-2 hours in listening about stocks and companies. I am passionate about stocks and companies. So I enjoy every moment of reading.

4. Never follow herds and broker tips. Buy good companies when no one is talking about them and sell the scrip when all are buying it. Quarterly results and balance sheets will help you in picking good companies. I bought metal stocks, Bartronics and Tanla Solutions in the last week in spite of steep fall as I believe in their fundamentals and growth prospects.

5. Allocate 25% of money to buy emerging stocks and contra stocks. Those who bought sugar stocks? (Select companies) in 2007 got more than 100% returns in just 10 months. Emerging stocks will take 3-5 years but sometimes give more than 500% returns.

Thursday, July 2, 2009

Advice to investors :By Stockmarketguide

A. Decide yourself whether you are a trader or investor or both. I am an investor. I will never do trading but invest for short term. See the difference.

Ex. I first bought Gujarat NRE Coke at 82 in small quantities and bought in moderate quantities at 72. I used my money for these investments as I thought that this stock is a good buy for long term at these prices but it is a risky one for short term. At that time, I am sitting on huge cash from investment offers (I received good investments from 1 NRI and 2 north Indian investors just 4 days back). Suddenly, stock fell to 53 which is a steal. Here is a stock with bonus news, rights offer, good promoters and good quarterly results. Stock was trading at unreasonable valuations. Then I deployed my investment offers money. Why? I need to give just 40% returns in 6 months. Stock needs to reach just 75 to get that money in 6 months. As per fundamentals, I thought that it will easily reach that level by the time of bonus date (1 month). I don’t believe in the technical details like moving averages, resistances and supports etc. I believe in fundamentals and psychology of investors only.

If my company has good fundamentals and my entry price is reasonable, I don’t care about its short term movements.

B. Plan your investments for short, medium and long term. Allocate money accordingly.

C. “Derivatives are weapons of financial mass destruction” – Warren Buffett. Never look at them as investment vehicles. Derivatives are responsible for most of the stock market suicides.
Derivatives are invented by the brokers for the benefit of brokers.

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