2012-04-05

IKON Easter Promotion Rules

IKON Easter Promotion Rules are listed as below:
1. Each person can only register for one live account.
2. Only a maximum of 2 entries can be submitted into the promotion per person.
3. By registering for an account, you accept that all information must be true and accurate.
4. IKON Group reserves the right to withdraw any entrants if the participant breaches any of the rules above.

http://mylovelyforex.wordpress.com/2012/04/06/ikon-easter-promotion-rules/

Why Trade Spot Gold and How to Make Money in It

Spot gold is quite popular among investors nowadays. It is traded globally in an over-the-counter (OTC) market. The spot gold market is available 24 hours a day from Sunday at 6:00 p.m. (Eastern Time) to Friday at 5:00 p.m. (Eastern Time).
Why trade spot gold?
Reason No. 1 for trading spot gold: haven against unstable circumstances
Spot gold is a safe-haven for it is not that easily influenced by economic, political, social or currency-based crisis, such as investment market declines, inflation, war and social unrest and gold has been gradually gaining in value for around several decades.
As I have mentioned before, Spot gold market is available 24 hours from Sunday at 6:00 p.m. (Eastern Time) until Friday at 5:00 p.m. (Eastern Time), which provide traders convenience in choosing spot gold trading time.
Reason No. 3 for trading spot gold: wider choices of spot gold platforms
Nowadays, there are a great number of platforms that enable traders to trade spot gold, which provide convenience and wider choices for traders to trade spot gold. Traders are able to choose such reliable platforms as IKON prodigy, IKON MultiBank etc. to trade spot gold.


2012-04-04

How to Face the Loss in Forex Trading?

You must be pretty much clear that on one step into forex business with a guarantee of a successful trade. Imagine that being able to enter the market and have a 100% assurance that you will come out a winner. The concept is called arbitrage trading. An arbitrage opportunity exists when there are discrepancies in the market between brokers. So this is pretty much sure to say that you need to learn how to take a loss in forex trading.

What Forex Beginners Should Know about Forex and Forex Market

What is forex and the Forex Market?
The basics of Forex is exchanging one currency for another one. There is no central marketplace for forex exchange and forex is traded worldwide among the major financial centers such as London, New York, Tokyo, Frankfurt, Hong Kong, Singapore and Sydney etc. Forex market is open for 24 hours a day, five days a week except weekends and holidays. Forex market is the largest financial market all over the world in terms of trading volume, which is billions of dollars on a daily basis.
What are the advantages of trading forex in forex market?
Forex market attracts more and more forex traders to try trading Forex; what is the reason? There are several distinguished advantages of forex market:
1. As I said above, the trading volume in forex market is huge; it definitely indicates that it is more possible for Forex traders to get profits because of the high liquidity; however, it also means that it is rather easy for them to lose due to the liquidity.
2. Traders have flexibility in choosing trading time because forex market is open for 24 hours a day except weekends. Thus, some traders choose to trade forex full-time and some others trade forex as part-time traders.
3. The low commission fee provided by forex market compared with other financial markets enables traders to save a lot of money.
4. Using leverage attracts a large number of forex traders because it provides potential of making more profits with a small amount of investment.





2012-04-02

Steps in forex

Sept2: Consult a trusted broker. You need to trade through a broker who will not deal against your trades with human dealers or electronically. Most retail Forex brokers take the other side of your trade because they are the market makers. The forex market has gotten big enough and regulations have gotten tight enough that most brokers are playing by the rules. You can search the US Government's website to determine if your potential broker is playing by the rules. Visit www.nfa.futures.org/basicnet/ and enter the name of your broker, you can find out all types of details on their business practices.

Best Forex Tips to Learn Forex for Forex Beginners

Forex trading is becoming more and more popular among forex traders; but it is not easy to make money in forex market. Chances of making money are equal to every trader but only traders who know the importance of learning forex have a better chance of making money from forex market. It is always necessary to learn forex no matter you are a novice trader or an experienced trader; the reason why some forex traders are able to succeed in forex trading is that they keep on learning forex. As an old saying goes: it is never too old to learn. Then the question comes: how to learn forex? There are many ways that people are able to learn forex, I will list them below.
1. Learn forex by reading
It is quite easy for forex traders to buy books on forex nowadays because forex trading is becoming popular among common people a Forex traders are able to buy forex books wrote with various languages. By reading forex books, traders are able to have a better understanding of forex market, forex trading platforms, tools, signals, strategies etc.
2. Learn forex from experienced traders
Experienced traders can be good guide to novice forex traders because they have accumulated forex trading knowledge through real trading. They always can tell novice traders when to buy and sell, what the present market state is and how to avoid losses and so on. Forex beginners- are able to learn forex and get experience from them easily.
3. Learn forex by attending training classes
Forex traders nowadays have a wider choice of ways to learn forex. Forex trading classes are one of them. Traders are able to learn forex by taking online forex training classes or attending classes in real classrooms. By attending training classes, traders are able to get a rough idea of what forex trading is and thus, they can get prepared for forex trading.