Sunday 15 April 2012

Forex Education



Introduction To Forex Trading
Traditionally stock market received huge share in the trading industry, but recent trends show that Forex) trading or currency trading is breaking that tradition. OTC market and Spot market, is world’s biggest market having daily turnover of over 3.2 billion US Dollars more than all other trading markets combined.
Forex or Foreign Exchange, the forex market or Currency market came into existence after the relinquishment of the Bretton Woods accord in 1971 and later abandoned the regime of universal fixed exchange rates. The triennial survey conducted by the Bank of International Settlement (BIS) shows that global forex trading or currency trading turnover amounts to more than $3000bn per day.
Forex or currency trading is not only the domain of governmental (central banks) and institutional (commercial and investment banks), the forex market is also the jurisdiction of non banking international corporations, hedge funds and individual private investors and speculators. Internet has enhanced the currency trading especially for individuals investors.
Forex trading or Currency trading has short term as well as long term benefits and opportunities but without proper training and knowledge forex traders are vulnerable to risks, therefore great care need to be taken before any venture is undertaken
Forex trading for private investors surged after the advent of the internet. Best investment for forex is sound and practical education with experience. ForexTradingEvo help us to make knowledge regarding forex or forex trading.
Forex trading or currency trading has seen rapid growth in trade, as equity and futures traders become aware of the approaches they have been using for years in their respective markets, especially price based techniques based or technical and quantitative analysis are equally applicable to Forex.
From a price action perspective, it’s inclined towards strong tentative trends.
Over 80 percent of forex trading or currency trading is speculative, as a result it mostly over react.
Market Regulation.
Forex or currency Market is most lightly regulated. There is no regulatory authority. However, Federal Reserve Bank of the US do provide some degree of oversight. As compared to stock or bond trading Forex or Currency markets are least regulated.
Medium
Internet is the medium of forex trading or currency trading. First the investors have to open their account through Broker and send their capital through wire transfer, like Western Union or bank cheques to their Brokers to open a live trading account. They can soon start trading once the amount is credited into their accounts.
Forex Broker
For investors to trade inter-bank forex market, a Forex Broker firm provides all the arrangements. Forx broker firms have huge trading turn over by their clients. Their interest is only limited to the spread and they charge no commission. The difference between buying and selling price of a currency pair is spread, If the spread on a currency pair in the inter bank market is 2 pips(a pip is the smallest unit of a lot, if the rate of buying rate of a pair is 18241, the last digit “1” is a pip) regardless of any outcome of a trade such as profit or loss the Broker will charge 3 or 4 pips on each roundabout trade.
Merits of Forex Trading
Forex traders or Currency traders do not have to wait long time to cash
their investment, since they directly trade in real money.
Leverage of up-to 1100 US Dollars. To benefit from a lot of US$ 10,000
you only need to invest US$ 100, remaining amount is leveraged by
Forex Broker.
Currency Market is a 24/5 trade. Markets with highest volume trade occur at London time, New York, Tokyo in descending order.
In Forex Market you can profit from both ways. When the currency pair is going up and also when its going down.
You have total control over market. You decide to how much you target to profit and how much to loose. If the market trend is against you, the only thing you do is to take a day off.
You don’t have to pay any commission to Forex Broker.
Demerits of Forex Trading.
Forex Trading is a highly volatile market, that offers huge profit as well as a great loss. Always your loss will give profit for someone else.
Leverage works both ways. Its like a weapon that’s not in your control. It helps traders to benefit from a lot size much greater than their investment, but it also exposes them to the losses of same proportion.
Traditionally stock market received huge share in the trading industry, but recent trends show that Forex) trading or currency trading is breaking that tradition. OTC market and Spot market, is world’s biggest market having daily turnover of over 3.2 billion US Dollars more than all other trading markets combined.
Forex or Foreign Exchange, the forex market or Currency market came into existence after the relinquishment of the Bretton Woods accord in 1971 and later abandoned the regime of universal fixed exchange rates. The triennial survey conducted by the Bank of International Settlement (BIS) shows that global forex trading or currency trading turnover amounts to more than $3000bn per day.
Forex or currency trading is not only the domain of governmental (central banks) and institutional (commercial and investment banks), the forex market is also the jurisdiction of non banking international corporations, hedge funds and individual private investors and speculators. Internet has enhanced the currency trading especially for individuals investors.
Forex trading or Currency trading has short term as well as long term benefits and opportunities but without proper training and knowledge forex traders are vulnerable to risks, therefore great care need to be taken before any venture is undertaken
Forex trading for private investors surged after the advent of the internet. Best investment for forex is sound and practical education with experience. ForexTradingEvo help us to make knowledge regarding forex or forex trading.
Forex trading or currency trading has seen rapid growth in trade, as equity and futures traders become aware of the approaches they have been using for years in their respective markets, especially price based techniques based or technical and quantitative analysis are equally applicable to Forex.
From a price action perspective, it’s inclined towards strong tentative trends.
Over 80 percent of forex trading or currency trading is speculative, as a result it mostly over react.

Market Regulation.
Forex or currency Market is most lightly regulated. There is no regulatory authority. However, Federal Reserve Bank of the US do provide some degree of oversight. As compared to stock or bond trading Forex or Currency markets are least regulated.

Medium
Internet is the medium of forex trading or currency trading. First the investors have to open their account through Broker and send their capital through wire transfer, like Western Union or bank cheques to their Brokers to open a live trading account. They can soon start trading once the amount is credited into their accounts.

Forex Broker
For investors to trade inter-bank forex market, a Forex Broker firm provides all the arrangements. Forx broker firms have huge trading turn over by their clients. Their interest is only limited to the spread and they charge no commission. The difference between buying and selling price of a currency pair is spread, If the spread on a currency pair in the inter bank market is 2 pips(a pip is the smallest unit of a lot, if the rate of buying rate of a pair is 18241, the last digit “1” is a pip) regardless of any outcome of a trade such as profit or loss the Broker will charge 3 or 4 pips on each roundabout trade.

Merits of Forex Trading

Forex traders or Currency traders do not have to wait long time to cash their investment, since they directly trade in real money. Leverage of up-to 1100 US Dollars. To benefit from a lot of US$ 10,000 you only need to invest US$ 100, remaining amount is leveraged by Forex Broker.
Currency Market is a 24/5 trade. Markets with highest volume trade occur at London time, New York, Tokyo in descending order.
In Forex Market you can profit from both ways. When the currency pair is going up and also when its going down.
You have total control over market. You decide to how much you target to profit and how much to loose. If the market trend is against you, the only thing you do is to take a day off.
You don’t have to pay any commission to Forex Broker.

Demerits of Forex Trading:
Forex Trading is a highly volatile market, that offers huge profit as well as a great loss. Always your loss will give profit for someone else.
Leverage works both ways. Its like a weapon that’s not in your control. It helps traders to benefit from a lot size much greater than their investment, but it also exposes them to the losses of same proportion.


The Basics of Currency Forex Trading

1.1 Introduction To Forex Trading
1.2 How To Trader Trade Forex
1.3 Forex Trading Vs Equities Vs Future Trading
1.4 Essential Element Of A Successful Currency Trader
1.5 Question New Forex Trader Ask
1.6 Trading Forex Fact And Fiction
1.7 Forex Leverage And Capital At Risk
1.8 Short Term Currency Moments


Forex Education

The Basics of Currency Forex Trading
Technical Analysis
Technical Indicators
Fundamental Analysis
Intraday Trading
Emotional & Behavioral Part
Risk & Money Management

Network Marketing Business School
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                                Network Marketing Business School
Welcome to Network Marketing Business School, a website created by a group of leaders in the field brought together by leading MLM Consultant, R M Tanveer. This website has been designed to help educate people about the industry, including things to consider before joining, as well as provide free training and support for those working in the industry to help them become successful.



                                                         Network Marketing

Network Marketing, also referred to as Multi-Level Marketing (MLM) is one of the fastest growing industries of all time, creating more millionaires today than the 'dot-com' industry did before the bubble burst and is now being endorsed by many business leaders as a proven business system for anyone who wishes to achieve financial success. It is not surprising that an estimated 150 000 people like you are joining the industry every week.


When looking into the MLM Network Marketing business model for the first time it is common for people to have questions and therefore this webpage is designed to provide trusted information, to help people make an educated decision about the industry. Even if you’re not looking to join the industry anytime soon, you can still benefit from this website as we teach some basic wealth creation principles that can help anyone to improve their financial situation.

We strongly encourage everyone to take the time to learn about this proven business model that levels-the-playing-field and allows anyone with the desire to achieve their dreams to become successful.

If you have just recently joined the industry, congratulations on taking the first step to securing your financial future. There’s a lot to learn, but we’re here to support you all the way. This website will provide you with the necessary training and resources to help you build a successful networking business. Please learn as much as you can from this website and encourage others to do the same. Enjoy the journey!

So that it is easy for you to find us again, please bookmark this website in your favourites and consider signing up to our free newsletter, weekly motivational email and our blog so that you can be kept up-to-date with our free training chapters and giveaways.

What is Network Marketing?

Network Marketing, also known as Multi-Level Marketing (MLM) is a legitimate business model that uses direct selling and relationship referrals as a method of selling a company’s products or services. In a typical networking model, individual associates (often referred to as distributors) essentially contract or act like a franchisee to the parent company and are paid a commission based on the volume of product or services that are sold as a result of their own organisation’s efforts.

To fully appreciate this home-based business opportunity, we encourage you to look at it from the perspective of both the company as well as that of the business operator.

               Why Would Companies Choose to use the Network Marketing Distribution Model?


Just like any other company that sells goods or services the ultimate goal of a network marketing company is to make sales and increase its customer base. In a traditional manufacturing company who sell their products to the general public there is normally a large amount of costs associated with advertising and distributing their product (ie the middleman is responsible for a lot of the cost), before it is then sold at a retail outlet who again add a profit margin.
Instead of using the traditional method of manufacturing and delivering their products, MLM companies choose to bypass the middleman, selling direct to the customer. They use referrals and a word-of-mouth approach to develop their customer base as opposed to a large advertising budget and as such the money that would normally go to the middleman and advertising can now be used to reward business operators (distributors) a commission for helping the company to make a sale.

There are a number of reasons why many companies are now choosing to use this increasingly popular business model. Firstly, it allows start up companies to build a customer base through referrals without having to try to outspend their competitors advertising budget. Essentially network marketing levels the playing field and allows small businesses the same opportunity as their competing international heavy weights. It also allows the manufacturing company to build a relationship direct with their customers creating better customer satisfaction and loyalty. Selling direct to the customer and bypassing the middleman also helps the customer to save money (without compromising quality), which additionally makes their products more appealing.

What Makes MLM Attractive to a Home-based Business Operator?
There are a number of benefits to operating a networking business, many in which are discussed in detail throughout this webpage. Arguably the biggest attraction to joining the industry is that in return for a low risk investment you have the potential to earn a very rewarding residual stream of income whilst enjoying the time freedom to significantly improve your quality of life.
To fully appreciate how this home-based business opportunity can lead to a lifetime of financial freedom please refer to the chapter on creating wealth.


                                                         History of Network Marketing                                                                             

The history of network marketing originates back to the 1940’s where a company trading under the name of “California Vitamins” discovered they could make more sales when they had a lot of sales representatives selling a small amount of product each, compared to the traditional business model, of trying to have a few sales representatives selling a lot. California Vitamins also discovered that most of their growing customer base was made up of the friends and family of their existing sales representatives who had essentially referred them to the company as they were impressed with their product line.

New sales representatives were then created from existing satisfied customers and a commission based system was developed. Both teams and individuals were rewarded according to their sales efforts and as a result network marketing was born. The same company later changed their trading name to Nutrilite Food Supplement Corporation.

In 1959 Richard DeVos and Jay Van Andel founded the company Amway which was an abbreviation for the term “the American way”. Amway from day one was based on the same network marketing concept. Almost 50 years later Amway is a well established network marketing company operating in more than 80 countries around the world and with more than 3 million business operators.

                             Founders of Amway - Jay Van Andel and Richard DeVos
                                               Jay Van Andel and Richard DeVos

Currently it is estimated that there are more than 50 million people worldwide involved in network marketing with almost 100 billion in annual wholesale revenue. Given the history of network marketing and it’s rapidly growing popularity, the network marketing industry is recognised as one of the fastest growing industries in the world today and is predicted to have significant growth well into the future as more and more companies are choosing to capitalise on this networking trend and choose to sell their products direct to the consumer. This emerging trend is also being driven by a wave of entrepreneurs who continue to drive the concept of improving quality of life and working from home.

Although the history of network marketing dates back to the 1940’s it is only now that the industry has come of age. Network marketing has now grown to the point where it is creating more millionaires today than the dot com boom industry did before the bubble burst.

The history of network marketing has stood the test of time and over the past 50 years has proven itself to be a successful distribution model and home-based business opportunity. The industry itself is now currently being endorsed by many business leaders as a proven system for anyone who wishes to achieve financial success. It is not surprising that network marketing is now one of the fastest growing industries of all time with an estimated 150 000 people just like you, joining the industry every single week.

Given the proven history of the network marketing business model and the emerging business trends the timing could not be better to capitalise on this trend and we encourage all entrepreneurs looking for a home-based business opportunity to seriously consider a network marketing business.


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