Monthly Archives: January 2012

Forex Trading

IC Markets Is The Best For MT4 EA Trading

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Following months of investigation, back-testing and programming I finally decided to take the jump into live trading. I decided that I’d start by using a few forex provider platforms here in Australia so I went with three brokers, these were Axitrader, Go Markets and IC Markets. All these three brokers allow Automated forex trading so I decided to give them all a shot and write this review on how my EA performed across all three forex broker platforms to share with other traders.

Before I get started I should give you all a brief rundown on how I performed my appraisal across my live trading accounts on all 3 forex broker trading platforms. I used these three main criteria to conduct my appraisal:

1. Execution Speed or Order Latency 2. Quantity of Moneymaking Trades Taken 3. General EA Profitability; and

Every one of the three brokers were evaluated according to their performance across all 4 of these criteria.

Execution Speed or Order Latency Execution speed was an interesting part of the test for me because from the outset I knew that the outcomes from each of the 3 brokers would be very different as they’d be very much dependent on the forex brokers server location and model they utilize (market maker, STP, DMA, ECN). To make this test more precise I made a decision to ping each brokers server from VPS’s located in Australia, UK and the USA. My results from the ping experiment were as follows:

Australia Axitrader = 271ms ping Go Markets = 108ms ping IC Markets = 94ms ping

USA Axitrader = 419ms ping Go Markets = 234ms ping IC Markets = 134ms ping

UK Axitrader = 528ms ping Go Markets = 189ms ping IC Markets = 178ms ping

The outcomes of my ping tests were very surprising. It was interesting to see that IC Markets had the lowest latency out of all three forex brokers when tested on 3 separate VPS’s. I also found it very interesting that Aussie established forex broker Go Markets latency was poorer when tested on VPS’s based in the UK and the United states than on an Australian Virtual private server. The winner of my server ping trial was IC Markets.

Quantity of Profitable Deals Executed This was probably the most fascinating tests that I’ve ever carried out. The examination itself was intended to illustrate EA performance across all 3 forex brokers based on the quantity of deals taken, of course the more deals an EA takes doesn’t necessarily mean that the Expert Advisor is better, it simply comes down to the profitability of the trades executed. To make sure that I covered various different market circumstances I tested the EA with all forex brokers over a 3 month time frame. Regrettably as this analysis was executed on real trading accounts to ensure exactness I could only use a VPS in a single location, so I chose an Aussie VPS supplier as all three forex brokers have their headquarters in Australia.

As the Expert advisor took numerous trades over the 3 month time-frame of this test it would be impracticable to provide particulars of all the trades taken in this review so my results for eachforex broker only show the quantity of trades taken and their average profitability on my $1,000 micro account. My findings are below:

Axitrader Quantity of Trades Taken : 187 Average Trade Profitability : $19.72 Total Profitability : $3,687.64

Go Markets Number of Trades Taken : 178 Average Trade Profitability : $23.40 Total Profitability : $4,165.20

IC Markets Number of Trades Taken : 189 Average Trade Profitability : $22.89 Total Profitability : $ 4,326.21

Based on my analysis IC Markets came out trumps, my Expert advisor took two more deals on IC Markets MT4 than on Axitrader’s and 11 more deals than on Go Markets. The average profitability per trade was highest on Go Markets MT4 however as there were fewer trades taken Go Markets in fact showed the smallest total profitability.

Overall EA Profitability This part of my test wasn’t really much of a test but it was instead an evaluation of the overall performance of my Expert Advisor on each of the 3 broker instances of MT4. It’s fairly obvious that after running the exact same Expert advisor across all 3 broker platforms that the most rewarding broker for my Expert advisor was IC Markets. The performance of the EA on IC Markets trading platform was marginally superior to what was achieved on Go Markets platform however it showed substantially greater profits than on Axitrader’s platform which had the worst performance of the group.

In conclusion from my testing the very best forex broker trading platform to run your Expert advisors on is IC Markets, I believe that the improved results achieved with IC Markets was primarily due to reduced latency and better execution on their instance of MT4. Of course it is advisable to check all of the forex brokers out yourself prior to leaping into EA trading, however I’m positive that your results won’t be much dissimilar to mine.

Forex is excellent. You will find more on forex trading here.

Forex Trading

Tips On How To Be A Success on Online Foreign Currency Trading

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Different Experts at Forex trading typically promote three basic Foreign currency trading tactics with currency trader operating from home or with beginner fx traders. All of these Foreign currency trading tactics, when put to use effectively, will allow you to become successful with online Forex.

It can be a hassle-free process efficiently producing money and gains by means of currency trading. At first glance, all of the investment activity of the market will look quite complicated ; though, when you have a closer look at it, you will realize that it is relatively simple and easy. This is why different individuals that basically work in their home go into foreign currency trading for investment benefits. Below are the 3 Foreign currency trading techniques which could help you to succeed at currency trading on-line.

*Very Good Financial Management – You will need to learn good investment management. At all costs, you should safeguard or take care of your very own forex investment. As much as you can, you have to try to limit any potential risks to a smaller percentage of what is actually in your personal Foreign currency trading account. In general, increased revenues and also rates are correlated with high-risk forex trades and options. Once you know the correct meaning of excellent investment management, then you certainly will not take on big risks that you simply in all likelihood cannot manage.

Invest Some Time to Master the Different Forex Trading Techniques – Naturally, it does take time to learn to effectively sell or buy Forex on the internet. In case you are inexperienced in the Currency exchange market, then you definitely can’t instantly expect to change into an effective online Trader immediately. Some individuals, who hit a slump, just lack the required conviction and also resolve to learn about all the basic principles and the higher skills of foreign currency trading.

Trading software or perhaps systems will be of great assistance to you. These software applications are quite effective teaching you about things such as technical analysis and fundamental analysis. All work from home traders and newbie traders will highly benefit from using and investing in currency trading software. Having said that, this is definitely no excuse for you to not ever learn skills such as fundamental analysis which is necessary for online Foreign currency trading.

*Foreign Currency Trading is undoubtedly a Business – If you work at your house as a Currency trader, you most probably feel that trading Forex is a part time hobby and not a business endeavor. Per contra, you have to bear in mind that currency trading would not instantly allow you to be successful money-wise. You need to view and also handle forex trading as a kind of business. In case you are not serious about what you are actually doing, then you will likely fail.

Forex trading techniques are a way of leading you on the right path of effective online Forex trading. When you have the needed discipline, willpower and persistence, you can be one of the best online Traders today in the market.

Looking to find Information on Forex Trading, then visit www.ForexTrend.com to find the Best Advice on Currency Trading the 24 Hour a Day Trading Market

Stock Trading

Why You Should Consider Investing In Large Cap Stocks

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Many people who regularly trade shares will not even consider the idea of trading large cap stocks. This is understandable to some extent because they have performed pretty badly in recent years, and it has been tough to make money.

However I think these traders should try and change their way of thinking because I have always found large cap stocks to be very profitable. There are a couple of ways you can make some excellent profits by trading these bigger companies.

The first is to take a long term approach and try and emulate the investing style of Warren Buffett, who is obviously one of the all time greats. He always tends to invest in large cap stocks that are market leaders in their industries, and he has made massive profits doing this over the years.

It is easy to see why he does so well. All of his investments tend to be in companies that have long records of consistent dividend and earnings growth. So as the years go by, the earnings and dividends of his companies go up, and this pushes the share price up as well. When you add in the fact that he reinvests most of the dividends he receives every year, he clearly makes some massive profits.

This sends out the message that you can still make huge returns by concentrating solely on large cap stocks. This is particularly true if you have enough patience to hold on to the stocks for long periods of time. In other words not being tempted to sell every time the market drops off.

One other way you can make money is to look for quick profits instead of long term profits. This means trying to bank a profit in just a few weeks or months, rather than holding on to stocks for many years.

This is surprisingly easy to do when the markets are volatile because you get some big market movements. When the wider stock market falls, it drags the share price of even the best companies lower, and therefore they will often become hugely undervalued as a result of these swings.

So if you can keep an eye on the fundamentals of a company, and use the charts to identify when quality stocks are approaching oversold levels, you can make excellent profits by taking long positions at opportune moments. You could also try buying the shares directly because it is quite possible to make 5 or 10 per cent buying these stocks at low levels and selling them a few months later.

It may also be an idea to open short positions when the markets are trading too high. At such times various large cap stocks will have moved well above their true market value. So it can be very profitable to open a short position and wait for the stock to fall to more realistic levels before you can then bank a profit. This is not always easy to do, but it is an option you have when markets are high.

The message I want to convey to you is that large cap stocks should not be ignored. You can easily make money investing in them for the long term or trading them on a short term basis. A lot of people flock to the small cap stocks, but I have always found that the large cap stocks are much easier to make consistent returns from.

If you are new to investing and want to open an account with a stock broker, I suggest you read this review of Zecco and read this review of TradeKing to find one that’s right for you.

Forex Trading

The Best Way People Today Invest in Forex Trading

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You can uncover several diverse chances to produce bucks these days online some are usually good whilst other folks aren’t. For those who come about to arrive at the one chance that most of the people are referring to today, you will need to investigate factors within this new possibility prior to you get started to participate in other people attempting to produce cash with this specific opportunity.

The identical approach relates to forex currency trading. You have to realize that currency trading is a multi billion-dollar small business which not only attracts huge organizations or really rich individuals, forex also appeal to little capital folks who constantly trying to find better probabilities in your life. Due to its nature, it’s one investment model that offer you a great go back you’ll take pride in consists of excellent danger in the same time. So you need to be extremely cautious in engaging the forex market by arming yourself with understanding and expertise as significantly as you can.

Compare with any other kind of financial investment decision to choose from, forex is consider the most unpredictable as well as rewarding industry to trade with. The foreign currencies value often modifying almost every second with these kinds of variations, you are offered chance to create several good earnings from the market place. Some people are scared to start this business as a result of its high-risk nature, but they also did not understand the fantastic potential is based on this business if they are able to keep it in check properly.

To own this specific company of currency trading investment, you’ll want to have posses the abilities of analyzing the industry. You will discover three sorts of evaluation to generate make money from this market place. You can find technical analysis, fundamental analysis, and market sentiment analysis. Each and every of such studies wants to be function on diligently prior to they are being used straight into trade the marketplace. We are about to talk about about how we are planning to analyze the foreign exchange utilizing these 3 analysis methods.

The first method which I’m about to focus on may be the current market belief approach. This type of investigation is actually carried out by analyzing the market sentiment that’s happening now. As you possibly understand currently which media, occasions, and everything that’s taking place across the country could be the cause that techniques the currency. In brief, exactly what happen in countries around the world could be the indicators of price movement within this business.

The second thing is could be the fundamental evaluation, this type of evaluation depends largely to the upcoming monetary news that occur or that will be release. The impact of this simple evaluation are usually varies rely on the types of information which is going to become release. For instance, on each and every first Friday in each and every month, there is a high-impact report that usually release on the beginning folks marketplace. Can you guess what is it? Yes! It is the NFP (Non Farm Payroll) This is the report of employment within the US which in this instance have quite a large impact to the world economy.

The final kind of analysis is technical analysis. Technical analysis is a simple examination that folks do by viewing the chart for patterns. Technical experts are choosing a number of strategies that suitable with their buying and selling style probably the most. Many are using technical indicators, some of them are investing by considering designs they know just like the cup and handle pattern, butterfly pattern, 1-2-3 reversal formation pattern, and more.

Despite whatever type of investigation individuals are performing, they are designed for the same target, which in cases like this is creating continuing earnings and cash using this market. The one most critical thing that dealers will need to always remember is the place they’re able to do this cautiously so they need not experience a dangerous thing such as shedding all their capital in their dealing accounts.

The best forex broker offering you using everything you ever need to start the forex currency trading venture.

Forex Trading

What Are The Benefits Of Currency Trading

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What is Forex trading ? Forex trading is one of the most lucrative jobs you could participate in. However, it is vital that all of the various components are understood, as it is a financially risky endeavor. Trading currencies on the market is very similar to trading stocks. However, users sign up for broker accounts and spend time trading the currencies of different countries. This is the way in which the exchange rate is determined. online trading can be exciting and profitable if you take the time to fully understand the market.

To understand foreign exchange trading , it’s very important that preparative and aggressive research be done prior to opening a live account. Forex offers a free online account that doesn’t involve live trading. It’s a demo account that is for beginners who wish learn the process and hopefully be financially successful in this market. Forex trading can be extremely beneficial if you know what you are doing and can potentially be devastating if you do not know what you are doing.

The foreign currency trading is the buying and selling currency in the foreign exchange market with the goal of making money. Each currency has an exchange rate which is the current market price for which one currency maybe exchanged for one another. It also refers to the value of the US dollar against the value of other countries’ currencies.It is quoted in pairs like Euro and the US dollar or EUR/USD. Investors here gain profits when the rate of a currency pair goes up or go down.There are certain factors that can affect the exchange rate.

You can try 4xp.com that has $100 minimum deposit, fxcm.com, avafx.com , tradingpoint.com that only has $1 minimum deposit , instaforex.com and many more. All of these brokers offers a demo account in which you can practice Forex trading .

online trading is another way of scheming up the trading market, apart from working with stocks. After the traders invest, they speculate on exchange rates of foreign currencies and if the rates rise, you gain money. The good thing is that these trades are not bind with any contract and they don’t have expiry dates. The forex market is open 24 hours a day. There are many trading strategies and you can even use an automatic forex platform with system running according to your preference.

The Author is a Financial Wizard for an American trading house. His Forex trading background lies in setting limits for Multinationals.