How To Start Trading The Forex Market? ( Part 2)

Why is FOREX trading so popular?

Because you can trade from anywhere. From your kitchen table, bedroom, garage or from the nearest Starbucks coffeehouse ( most of them have wireless Internet connection).

If you have or like to travel, take your laptop with you and you can trade the FOREX anywhere in the world where you have an Internet connection.

When you want to start trading the Forex Market nobody is asking you for a diploma, a formal license or a proof of how many hours you have spent studying the Foreign Exchange Market and/or Banking Industry.

FOREX Trading is Economical and Start-up Costs are Low!
You can open an account to trade Forex with as little as US$ 200 at he most brokerage firms.
I personally do recommend Fenix Capital Management, LLC, which offers a state of art Trading platform, that allows you to place orders directly by clicking on the chart.

The Main Benefits of Trading the FX Spot Market are:

YOU don’t pay commissions or fees!
YOU can trade 24-hours a day !
YOU can trade up to 400:1 Leverage !
YOU can have FREE Streaming executable Price quotes and live charts!

It is important to know the differences between cash FOREX (SPOT FX) and currency futures.

In currency futures, the contract size is predetermined.

With FOREX (SPOT FX), you may trade electronically any desired amount, up to $10 Million USD.

The futures market closes at the end of the business day (similar to the stock market).If important data is released overseas while the U.S. futures markets is closed, the next day’s opening might sustain large gaps with potential for large losses if thedirection of the move is against your position.

The Spot FOREX market runs continuously on a 24-hour basis from 7:00 am New Zealand time Monday morning to 5:00 pm New York Time Friday evening.

Dealers in every major FX trading center (Sydney, Tokyo, Hong Kong/Singapore, London, Geneva and New York/Toronto) ensure a smooth transaction as liquidity migrates from one time zone to the next.

Furthermore, currency futures trade in non-USD denominated currency amounts only, whereas in spot FOREX, an investor can trade in almost any currency denomination, or in the more conventionally quoted USD amounts.

The currency futures pit, even during Regular IMM (International Money Market) hours suffers from sporadic lulls in liquidity and constant price gaps.

The spot FOREX market offers constant liquidity and market depth much more consistently than Futures.

With IMM futures one is limited in the currency pairs he can trade. Most currency futures are traded only versus the USD.

With spot FOREX, you may trade foreign currencies vs. USD or vs. each other on a ‘cross’ basis, for example: EUR/JPY, GBP/JPY, CHF/JPY, EUR/GBP and AUD/NZD

More and more well informed investor and entrepreneurs are diversifying their traditional investments like stocks, bonds & commodities with foreign currency because of the following reasons: (will be continued)

RISK WARNING:

Risks of currency trading: Margined currency trading is an extremely risky form of investment and is only suitable for individuals and institutions capable of handling the potential losses it entails. An account with an broker allows you to trade foreign currencies on a highly leveraged basis (up to about 400 times your account equity). The funds in an account that is trading at maximum leverage may be completely lost if the position(s) held in the account experiences even a one percent swing in value, given the possibility of losing one’s entire investment. Speculation in the foreign exchange market should only be conducted with risk capital funds that, if lost, will not significantly affect the investors financial well-being.

How To Start Trading The Forex Market? ( Part 1)

What Is FOREX or FOREX MARKET? PART I

The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with over $1.5 trillion changing hands every day.

That is larger than all US equity and Treasury markets combined!

Unlike other financial markets that operate at a centralized location (i.e. stock exchange), the worldwide Forex market has no central location. It is a global electronic network of banks, financial institutions and individual traders, all involved in the buying and selling of national currencies. Another major feature of the Forex market is that it operates 24 hours a day, corresponding to the opening and closing of financial centers in countries all across the world, starting each day in Sydney, then Tokyo, London and New York. At any time, in any location, there are buyers and sellers, making the Forex market the most liquid market in the world.

Traditionally, access to the Forex market has been made available only to banks and other large financial institutions. With advances in technology over the years, however, the Forex market is now available to everybody, from banks to money managers to individual traders trading retail accounts. The time to get involved in this exciting, global market has never been better than now. Open an account and become an active player in the largest market on the planet.

The Forex Market is very different than trading currencies on the futures market, and a lot easier, than trading stocks or commodities.

Whether you are aware of it or not, you already play a role in the Forex market. The simple fact that you have money in your pocket makes you an investor in currency, particularly in the US Dollar. By holding US Dollars, you have elected not to hold the currencies of other nations. Your purchases of stocks, bonds or other investments, along with money deposited in your bank account, represent investments that rely heavily on the integrity of the value of their denominated currency ®the US Dollar. Due to the changing value of the US Dollar and the resulting fluctuations in exchange rates, your investments may change in value, affecting your overall financial status. With this in mind, it should be no surprise that many investors have taken advantage of the fluctuation in Exchange Rates, using the volatility of the Foreign Exchange market as a way to increase their capital.

Example: suppose you had $1000 and bought Euros when the exchange rate was 1.50 Euros to the dollar. You would then have 1500 Euros. If the value of Euros against the US dollar increased then you would sell (exchange) your Euros for dollars and have more dollars than you started with.

Example:

You might see the following:

EUR/USD last trade 1.5000 means
One Euro is worth $1.50 US dollars.

The first currency (in this example, the EURO) is referred to as the base currency and the second (/USD) as the counter or quote currency.

The FOREX plays a vital role in the world economy and there will always be a tremendous need for the exchange of currencies. International trade increases as technology and communication increases. As long as there is international trade, there will be a FOREX market. The FX market has to exist so a country like Germany can sell products in the United States and be able to receive Euros in exchange for US Dollar.

RISK WARNING:

Risks of currency trading

Margined currency trading is an extremely risky form of investment and is only suitable for individuals and institutions capable of handling the potential losses it entails. An account with an broker allows you to trade foreign currencies on a highly leveraged basis (up to about 400 times your account equity).The funds in an account that is trading at maximum leverage may be completely lost if the position(s) held in the account experiences even a one percent swing in value. Given the possibility of losing one’s entire investment, speculation in the foreign exchange market should only be conducted with risk capital funds that, if lost, will not significantly affect the investors financial well-being.

The Dental Infections, Gum Disease Produces Astonishing Blood Changes

Dr. Prices supposed that dentists would know if any changes took places in a patient’s blood when a dental infection was present, but found no reports in scientific literature on that subject. This led him to do exhaustive blood studies of patients and animals to determine the side effects of root canal infections.
Thousands of blood tests on patients and animals Infected by root filled teeth showed?

  • Lymphocytes(white blood cells) increased in humans and increased 58 percent in rabbits.
  • Polymorphonuclear leukocytes, a form of white blood cells, decreased in humans and in animals to 33 percent less than normal.
  • Hemoglobin changed very little, either up or down.
  • Hemophilia, a tendency to hemorrhage, occured frequently in rabbits.
  • Increased amounts of sugar were found in the blood.
  • In some rabbits, higher amounts of ionic calcium were found; but in most rabbits, calcium was lower.
  • resulting in 15 to 20 different pathologic conditions.
  • There was increased uric acid and nitrogen retention.
  • Alkaline reserves decreased, resulting in acidosis.
  • Some patients and all animals lost weight. Patients suffering rheumatic disease often experienced a withering away of their tissues.
    Patients with pyorrhea pockets loaded with pus suffered severe weight loss, as did animals innoculated with diluted solutions of the crushed pyorrhetic teeth that had all the bacteria filtered out. This demonstrated dramatically that the toxins of the bacteria, rather than bacteria itself, caused the weight loss and death of the animals.
    Should you think this may have been an accidental or occasional occurance, this study involved 667 rabbit inoculations. In a group of 667 successive rabbit inoculations, some with cultures, some with filtrates of cultures, and many with filtered washings from crushed teeth, all were found to be bacteria free. Of these, 33 1/3 percent lost 10 to 30 percent; while 3.6 percent pained from 30 to 50 percent.
    Inasmuch as all of the rabbits were maintained on the same diet throughout these test, these changes in their blood and weight, whether up or down, must be considered diagnostic symptoms of the presence of dental infections, either from action of the bacteria or their toxins.
    All rabbits that had inoculations of infected material involved in dental infection, or had infected teeth implanted under their skin, lost weight. The more severe the infection, the greater the weight loss.
    Dr. Price noted patients suffering from rheumatic disease were prone to the withering away of their tissues. The emaciation could range from 10 to 25 percent in ordinary cases and 35 to 40 percent in extreme ones. He reported that one woman patient who had a normal weight of 130 dropped to 72 pounds. Upon removal of her dental infections, her weight quickly climbed from 72 pounds to 111. A culture taken from one of her infected teeth was inoculated into a rabbit. In four days time this rabbit had a weight loss from 1381 to 1105 grams(20 percent).