COME LEARN FOREX IN AND OUT IN NIGERIA FROM EXPERT TRADERS

XMAS PROMO!!!

ONLINE TRADING WORKSHOP

· CRUDE OIL TRADING

· GOLD TRADING

· FOREX TRADING

· RISK MANAGEMENT

DATE: FRIDAY 17^TH DECEMBER, 2010

VENUE: MR BIGG’S IKOTUN

TIME: 10:00am PROMPT

GATE PASS:

N3, 000 ONLY

REGISTER BY TEXTING

YOUR NAME AND TEL TO: 08060018682.

FOR ENQUIRIES CALL:

UZO-08029791079

BAYODE-07031033450

JOSEOH-08137823477

Learn how to trade the unusual way!!!

A NEW DAWN FOR FOREX TRADERS IN NIGERIA HAS COME

XMAS PROMO!!!

ONLINE TRADING WORKSHOP

· CRUDE OIL TRADING

· GOLD TRADING

· FOREX TRADING

· RISK MANAGEMENT

DATE: FRIDAY 17^TH DECEMBER, 2010

VENUE: MR BIGG’S IKOTUN

TIME: 10:00am PROMPT

GATE PASS:

N3, 000 ONLY

REGISTER BY TEXTING

YOUR NAME AND TEL TO: 08060018682.

FOR ENQUIRIES CALL:

UZO-08029791079

BAYODE-07031033450

JOSEOH-08137823477

Learn how to trade the unusual way!!!

XMAS PROMO!!! THE UNUSUAL WAY IN NIGERIA

XMAS PROMO!!!

ONLINE TRADING WORKSHOP

· CRUDE OIL TRADING

· GOLD TRADING

· FOREX TRADING

· RISK MANAGEMENT

DATE: FRIDAY 17^TH DECEMBER, 2010

VENUE: MR BIGG’S IKOTUN

TIME: 10:00am PROMPT

GATE PASS:

N3, 000 ONLY

REGISTER BY TEXTING

YOUR NAME AND TEL TO: 08060018682.

FOR ENQUIRIES CALL:

UZO-08029791079

BAYODE-07031033450

JOSEOH-08137823477

Learn how to trade the unusual way!!!

THE BEST PORTFOLIO MANAGEMENT IN NIGERIA

PORTFOLIO MANAGEMENT

(FX MANAGED ACCOUNT)

· Do you want realistic returns on your investment?

· We guarantee you not just realistic returns but steady returns based on the prevailing market condition.

· We manage account for those who don’t have the time or training to trade on their own account. This is a viable option for people or companies who which to diversify into online trading without trading themselves.

Terms and conditions

1. We open an FX account in your name with the Broker.

2. You send in the login detail to trade on your behalf for a 50% to 100% ROI every 5 weeks.

3. You with draw the profit every 5 weeks and send in our share.

4. We share profit 60/40 (account owners 60% and 40% to us) at the end of 5 weeks.

5. You have absolute control of your account giving us only access to trade for you.

6. Minimum deposit is $1000.

7. Due to the volatility of the market, we may demand for back up margin periodically which may be to the tune of half your investment. It is mandatory that you oblige us as it is for the sustainability of your investment.

· Rest and watch professionals make more money for you.

For: Enquiries Call;

08029791079, 07031033450, 08060018682.

Forex Trading Frequently Asked Questions

Q & A is one of the fastest way to learn about Forex. Get quick answers for all your doubts regarding Forex trading here in our Forex FAQ session.
What is Forex trading?
How Forex trading works?
How high are the risk in Forex trading?
Forex vs traditonal stocks/mutual funds trading: How does they match up?
What are the major traded currencies?
Who are the major players in Forex trading?
What tools do i need to start trading Forex?
Who do you recommend to learn Forex from?

Forex Beginner's FAQ Answered

Q: What is Forex trading?

Forex, Foreign Exchange Market, is an international exchange market where currencies from all around the world are traded. It involves buying and selling different currencies of the world.Forex market is the largest trade market in the world, yielding $1.9 trillion daily. It is traded all around the world but United States, Japan, United Kindom, and Europes have the most active Forex traders.

Q: How Forex trading works?

Forex is often traded in pairs, for example USD/Euro, USD/JPY, Euro/JPY, GBP/CHF, and CAD/USD. You get 'short' in one currency and you will get 'long' in the other one. Unlike conventional stocks market, Forex trading does not have a centralized trade market. It is considered as Over-the-Counter or Inter-bank as trades are done between two counterparts via electronic network or telephone connections. Forex works truly as a 24-hour market. Everyday Forex trade begins when the financial centers in Sydney start their day, and moves around the globe to Tokyo, London, and then New York. Traders can always response to the market regardless of the local time.

Q: How high are the risk in Forex trading?

The risks of losing money in Forex trading is high, but it is controllable via proper education and trading system. Trading system is a must in Forex trading. Charts, graphs, or pivot points are handful to indicate the right time to enter or exit the market. An 'automated system', such as make your easierAs in any trade market, discipline, control of emotion, and money management are the traits needed to be succeed in Forex trading. Rewards in Forex trading can be very lucrative if traders manage their risk nicely. One benefit to using our recommended brokerage firm is that they guarantee fills at your Limit and Stop-Loss order prices with no slippage. This means you can have total control over the amount you risk on each trade. But remember, FOREX Trading is speculative and any capital used should be risk capital. In fact, we recommend that you trade on a demo account until you have shown profit for at least three consecutive months before trading real money.

Q: Forex vs traditonal stocks/mutual funds trading: How does they match up?

Forex and conventional stocks are different type of trading. When trading Forex, most trader's objectives are to predict short term movement in the currency exchange values. Most Forex tradings are done in day-trading style where traders will buy and sell in the same day. Different from Forex, stocks and mutual funds trading are more to long term style where trades may last for years or even decades!

Q: What are the major traded currencies?

Major traded currencies are United States dollars, Australian Dollars, Japanese Yens, British Pounds, Swiss Francs, Canadian Dollars, and the Euro Dollars.

Q: Who are the major players in Forex trading?

According to Wall Street Journal Europe, 73% of the trade volume is covered by Deutsche Bank, who covered 17% of the total currency trades; followed by UBS, Citi Group, HSBC, Barclays, Merril Lynch, J. P. Morgan Chase, Coldman Sachs, ABN Amro, and Morgan Stanley.

Q: What tools do i need to start trading Forex?

It does not need a lot to start trading Forex: a funded Forex account and a computer with Internet connections are basically sufficient for you to start trading foreign currencies. However, proper Forex education and systematic trading tools are highly recommended to minimize your risks in Forex market. Also, beginner traders are advised to start off their trading in Forex with a demo account first. A demo account is an account set up with 'play' money for the purpose of training and shapen your trading skills. It's free to open a demo account with most of the Forex online brokers and it does not risk your real money in the trades.

Q: Who do you recommend to learn Forex from?

For beginners, our BAYZOOMFOREX is a very good place to learn your forex the unusual way.

Forex Broker: Choosing the right Forex Broker

Sometimes it's hard to make a decision on which Forex broker to open our trading account, there are just too many of them. Most of them have different features, capabilities, weaknesses and advantages, for this reason I have created a checklist that can help you decide the broker to use in your Forex adventure.
1. Is it regulated?
The first question you have to ask yourself is: is the broker I want to use Regulated ? There must be no doubt about this first point. All regulated brokers must submit financial reports to regulatory authorities, and when they fail to do it, authorities have the right to fine them or terminate their membership. This enforces Forex brokers to keep transparent financial reports.
The brokers must be regulated by their local regulatory authorities, for instance, for brokers based in the US , they must be regulated by the NFA (National Futures Association) and CFTC (Commodity Futures Trading Commission), Swiss based brokers must be regulated by the FDF (Swiss Federal Department of Finance) and so on.
Also when a Forex broker is regulated allows investors to dispute any resolution, increasing the investor protection.
2. Trading Conditions
This point refers to the features of the trading platform and the trading conditions with the chosen broker. Amongst the most important factors are:
Spread - Obviously the smaller the spread on currency pairs the better the conditions are for investors and traders.
Platform execution - Trading execution refers to how fast and consistent are the execution of trades. Some brokers guarantee fast and transparent executions during normal market conditions.
Fractional trading - Some brokers allow investors and traders to trade on a fractional basis, instead of trading full lots "100,000 units" or "300,000 units", they allow you to trade "163,345 units" or "325,911 units". This is very helpful for trades risking certain percentage of their balance on each trade.
Safety of funds - We need to make sure our trading funds are kept in a segregated account or at least insured.

Why should I do FOREX business?

Main Question raised in your mind might be: Why should you trade FOREX? There are lots of reasons why you should involve in FOREX trading. FOREX market is truly a global market where it opens 24 hours a day through out the whole week (weekends excluded). With the ease of Internet access, transaction in FOREX can be done in anytime regardless on your location. This gives you the convenience to work on any time, anywhere – which in turns gives you the freedom you cannot have in investing other kind of trading.
More over, trading in FOREX gives you an equal prospective in rising and falling market. As trades are always done in pair of currency pairs, FOREX traders can always find chance to make money in anytime, regardless on the fall or rise period of one single country currency. Also, FOREX trading offers incredibly high leverage rates to the traders. By trading currency in margin up to 200 to 1, you can start off your FOREX trade with minimum capital and huge ROI.

HEY Guys look here,

With the flexibility you can get in foreign currency exchange market, FOREX trading suits perfectly into most people investment plans. Like with any new form of trading you need to know what you are doing, especially as there is margin involved. If you are new to FOREX, take all the time you need to learn this new trading skill well -- practice everything you learn with a demo account before you consider going 'live' with your own money.
Investors should read books, attend seminars and paper trade with free trading account; until they are comfortable with there strategy

Major players in FOREX market

Although FOREX trading involves such a big volume of trades nowadays, it is not made available for the publics until year 1998. In the past, the FOREX market was not offered to small speculators or individual traders due to the large minimum business sizes and extremely strict financial requirements. At that time, only banks, big multi-national cooperation and major currency dealers were able to take advantage of the currency exchange market's extraordinary liquidity and strong trending nature of world's main currency exchange rates.
In late 90s, FOREX brokers are allowed to break huge sized inter-bank units into smaller units and offer these units to individual traders like you and me. As a fact in FOREX trading, FOREX is mainly traded in large international bank. According to Wall Street Journal Europe, 73% of the trade volume is covered by the major ten. Deutsche Bank, topping the table, had covered 17% of the total currency trades; followed by UBS in the second and Citi Group in third; taking 12.5% and 7.5% of the market. Other large financial cooperation in the list is HSBC, Barclays, Merril Lynch, J. P. Morgan Chase, Coldman Sachs, ABN Amro, and Morgan Stanley.

Major currency traded in FOREX market

There are seven major currencies, the US dollar (USD), Euro (EUR), Japanese yen (JPY) British pound (GBP), Swiss Franc (CHF) Canadian dollar (CAD) and Australian dollar (AUD). The US dollar is the most traded currency followed by the Euro and the Yen. The Euro is the relatively new currency of the European Union although some member states, including the UK, have not changed their currency. Also, if you live in a country using one of the major currencies, when you first start trading it makes sense to begin with that currency. Not only are you familiar and comfortable with the currency, but you are in a better position to judge its strength. The internet has a wealth of information on the financial climate of a country, but if you live there you have access to all newspaper content, as well being in the unique position of experiencing first hand changes at the consumer level.

Starting in FOREX trading

To start trading on FOREX, one must first learn how to read FOREX quotes. Foreign exchange quotes are always listed in pairs (e.g. USD/JPY 109.2): the first listed currency is known as the base currency with a constant value of 1 unit; while the currency listed in the second is known as counter. In our given example, USD/JPY 109.2 means a dollar of United States Dollar is equal to 109.2 Japanese Yen. In other words, the quote shows the relative value of one currency compare to the other. It means the value USD had been increased when USD/JPY quote goes up
However, a two-sided quote (e.g. EUR/USD 1.2435/1.2440) consisting of a 'bid' and ‘ask’ is often seen. The ‘bid’ price is the price at which you can sell the base currency; while the ‘ask’ price is where you can buy the base currency. The different of ‘bid & ask’ price is commonly known as ‘spread’. In the example of EUR/USD 1.2435/1.2440, this means you can buy 1 Euro Dollar with 1.2440 USD or sell 1 Euro 1.2435. Currency brokers make their profit through these differences of ‘bid & ask’ price and this is how they manage to provide their services to individual investors without charging them commission fees.
If you are new to trading it makes sense to deal in the more popular currencies. There are two main reasons for this. Firstly you do not want to be left with a currency where there is little interest and you may have difficulty selling. Secondly the spread between the bid/ask prices is likely to be narrower, making it easier to make a profit.

What beginners need to know about Forex trading?

Being new to FOREX trading? Don’t worry, getting started in FOREX trading is easy and you can always test your skills first in a demo account before you go ‘live’ with real money.
To get started in FOREX trading, we have to get to know what FOREX is. FOREX trading involves buying and selling the different currencies of the world. Buying one currency and selling another at the same time make a FOREX deal.
FOREX market is the largest trading market in the world. It yields an average turnover of $4.9 trillion daily and the figure is nearly 30 times larger than the total volume of equity trades in United States.