Posted by admin on February 18, 2012 under Forex Books |
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%.
Posted by admin on under Forex Books |
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.
Posted by admin on May 23, 2011 under Forex Books |
This books has very good information. it‘s professionally books of Forex.
Posted by admin on under Forex Books |
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.