The profit and loss rates when you leverage your trade

Posted by admin on February 18, 2012 under Forex Books | Be the First to Comment

As mentioned, your margin is your investment. Accordingly, you invest a margin of $1,000 for a contract of $100,000. This is a 1:100 rate. If the currency exchange rate moved, for example, 0.5% that would be a 50% change on your margin! Since the contract is 100 times the margin, then the change of 0.5% becomes 100 times bigger, to 50%.

What is a “margin”?

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A ‘margin” is the amount you put into the Forex contract you open (the investment which you risk). Online trading brokers must make sure that traders can pay if they lose money when they trade. Traders put money into an account that can be used to cover any losses they make. This amount is also called ‘minimum security”.

With a margin, traders are able to invest in markets where the smallest trade you can make is already high. Margin trading can increase profit, but it can also increase loss.

Foreign Exchange – Forex Books

Posted by admin on May 23, 2011 under Forex Books | Be the First to Comment

This books has very good information. it‘s professionally books of Forex.

0470442298 How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life (Wiley Trading)
Courtney Smith
$44.10 #30328
in Books
0470722088 Beat the Forex Dealer: An insider’s look into trading today’s foreign exchange market (Wiley Trading)
Agustin Silvani
$35.19 #25893
in Books
B003U6ZC5Y How to Get Started in Forex Trading for SmartAsses! – Learn Everything You Need to Know to Get Started in Forex Trading…
M. Smith
$4.99
1453718214 Forex Trading Made Simple: A Basic Guide On How To Profit From Foreign Exchange
K M S Publishing.com
$15.95 #573193
in Books
0470097299 Forex Patterns and Probabilities: Trading Strategies for Trending and Range-Bound Markets (Wiley Trading)
Ed Ponsi
$51.94 #249350
in Books
047077035X The Little Book of Currency Trading: How to Make Big Profits in the World of Forex (Little Books. Big Profits)
Kathy Lien
$13.57 #8180
in Books
0470187700 The FX Bootcamp Guide to Strategic and Tactical Forex Trading (Wiley Trading)
Wayne McDonell
$44.10 #299695
in Books
0470509988 The Ed Ponsi Forex Playbook: Strategies and Trade Set-Ups (Wiley Trading)
Ed Ponsi
$46.66 #419099
in Books
0470181664 High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets (Wiley Trading)
Robert C. Miner
$44.10 #27600
in Books
0470127635 Currency Trading For Dummies
Mark Galant
$16.49 #3667
in Books

How to Make a Living Trading Foreign Exchange

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A Guaranteed Income for Life – How to Trading Foreign Exchange

How to Make a Living Trading Foreign Exchange puts the world of Forex at your fingertips. Author Courtney Smith begins with an introduction to the Forex market-what it is and how it works. He then delves into six moneymaking techniques for trading Forex, including his unique Rejection Rule that doubles the profit of basic channel breakout systems. In addition to two specific methods for exiting positions at critical levels, Smith also discusses powerful risk management techniques and successful trading psychology strategies that will keep you one step ahead of the game.

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This book contains some solid forex systems that do make money in the long run, no doubt about that. Even though the author only reveals the backtest of the powerful Conquistador system, most of the other winning trading setups (like the new Donchian system) have been fully backtested elsewhere.

This book is also full of extremely clever trading ideas that did make a huge difference in my daily trading.

So buy it, use it, profit from it, this “just meat and potatoes” forex book definitively belongs to your trading library.