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The eToro Blog Consolidates Itself as a Premier Internet Resource For Financial News

Sunday, April 24th, 2011

LONDON and MILAN, 24 April 2011 – Less than a year after its creation, the eToro Forex Blog already boasts thousands of followers thanks to its continuous flow of updates and extra features in a simple user friendly format.

In just a short year, the eToro blog has evolved leaps and bounds to become an important news source both for eToro traders and for the general public of financial traders. In true eToro spirit, the blog took a simple concept, your average everyday forex news blog, and tricked it out with extra features, such as detailed background pieces about the different financial instruments that the blog follows up on, daily and weekly market technical analysis in over 5 different languages, and even an insight look into how economic factors affect forex traders. And most important of all, all this information is delivered in a terrific natural writing style, that skims the financial jargon and leaves readers with simple but very informative pieces.

When asked about the eToro blog’s increasing success, head writer David Becker had the following to say: “I think the key to our popularity is that we don’t try to sound like economic hot shots talking to other economic hot shots. There’s no reason to make things sound more complicated than they are. We know that a lot of our reading public is not extensively trained in finance, so why should we block them from getting the information they need? It’s not like the expert forex trades need their daily portion of jargon either, if you know what I mean.”

Being reader friendly doesn’t stop the eToro blog from being efficient. The blog is updated immediately after every major economic data release, which usually means several times a day, not including daily and weekly forex market reviews. Each data release comes with a detailed explanation of the impact of this data on the financial markets, as well as a particular focus on currency movements and the reaction of eToro traders (as can be seen on eToro’s social trading application, eToro OpenBook ).

As Mr. Becker affirmed, the eToro blog intends on continuing to set the standard for financial information services for years to come.

Article Source: http://www.articlesbase.com/currency-trading-articles/the-etoro-blog-consolidates-itself-as-a-premier-internet-resource-for-financial-news-4662708.html

About the Author

Each data release comes with a detailed explanation of the impact of this data on the financial markets, as well as a particular focus on currency movements and the reaction of eToro traders (as can be seen on eToro’s social trading application, eToro OpenBook ).

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Surviving the Unpredictable World of Forex Markets

Sunday, April 24th, 2011

The forex market is a trillion-dollar business. It is participated by several countries, financial institutions such as banks, companies, and investors.

If you know how to play your cards right in the foreign exchange market, it may just be your ticket to great wealth.

But how do you exactly survive and succeed? Here are some basic tips:

Know the market hours. There are different forex markets all over the world. Their headquarters are located in top cities such as New York, Japan, and London. However, they don’t operate at the same time because of time zone differences. Simply put, at a certain period, different markets are at play.

As a trader, you should be aware of the opening and closing hours of these markets, especially if you’re interested in certain currencies. For instance, if you like to sell your U.S. dollars for yen, you should know the schedule of the Japanese market.

Moreover, it’s not a good idea to trade during the weekends and holidays, as majority of the big-time players like banks and corporations are not around.

Start small. A lot of new forex investors make the mistake of being too aggressive. They invest a huge amount of their money only to lose them so fast. One of the best ways on how to make money in forex is to start small. You can always increase it as soon as you’re more familiar with the ins and outs of the trade.

Be more knowledgeable. The forex market is all about risks. But then again, you’re expected to take calculated ones. The secret to success therefore is to have a more thorough idea of the market. Get to know the different factors that can affect the movement of currencies, discover the major currencies, learn the techniques to reduce your losses and increase profits, and explore other innovative methods of earning.

Practice patience. You don’t earn fast money in forex market. It takes time before you can earn a substantial amount for your account. In fact, it may take months of years. That’s why you need to be very patient.

Patience is also highly needed as allowing your anger and frustration to surface only makes you very irrational. It’s not advisable to trade when you’re in a bad mood, since you tend to be more aggressive, investing a lot in what’s supposed to be a bad market.

If you feel bad emotions coming up, take slow deep breaths and remove yourself from the market for a while. You can also use a subliminal message video download to easily modify your negative thinking.

Practice trading. If you’re using a forex robot, you’ll come across a demo account. It’s highly recommended you create one. A demo account gives you an opportunity to do live trading without incurring real losses. To trade, you’ll be provided with virtual money, which you can replenish as long as the trial period is still running. Using the demo account is the best way to test your techniques.

Article Source: http://www.articlesbase.com/currency-trading-articles/surviving-the-unpredictable-world-of-forex-markets-4657344.html

About the Author

Nelson Berry is the Pioneer of Subliminal Messages Videos and Subliminal MP3s Audio Subliminal Messages online. Valued at $160, click for 4 Free Subliminal Messages Videos!

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Take The Mystery Out of Forex Tutorials

Sunday, April 24th, 2011

Forex tutorials have become very handy, and certainly for a newbie who wishes to start in the currency trading business called Forex. Such tutorials talk about how to start trading and this info enables a beginner trader doesn’t finish up getting really frustrated by a lack of success. Without doubt, an untutored foreign exchange trader may have a much larger chance of failing, than one who has been tutored in the finer points of currency trading.

The main reason why it pays to use foreign exchange tutorials is that the material given by the tutorial will go a long way in aiding a trader gain success in this market. To make full use of these materials, it’s vital to learn the info that is provided in the course work, which includes learning how Forex works & what it takes to succeed. It is also quite necessary to comprehend the strong points of foreign exchange trading as an investment opportunity, as well as what its drawbacks are.

The more you can learn about the system & by also learning how to follow the rules; you can become a better trader in a short span of time. The aspiring trader has to use the course materials provided to understand this market & know its rules. The way to success lies in the understanding the market & following regulations established over many years. Anyone that does not do this is bound to fail.

But, not all Forex Foreign Exchange courses are similar & so it’s important to learn which one suits your business personality type and which may be easier to learn about. Free courses are an excellent place to start, as you may use them to form a concept about what this kind of market is all about, and how you should get into it. However, these courses should not be used to become a real-time trader because their main use is to help you learn the basics. To find more suitable or advanced Forex tutorials, it makes a lot more sense to go online to research what’s available.

It also pays to choose 1 that comes with video info & which also gives the user hard copies, as well. By using the videos & hard copies, it becomes simpler to master the material. There are several good Forex Foreign Exchange learning guides available. Before choosing one, be sure to look for certain features that include things like an introduction to currency trading, a definition of Forex Foreign Exchange, learning how to read quotes & understanding the currency market lingo. As well, search for information regrading foreign exchange risk & benefits, history of the FX market and market participants.

Being able to do a dummy run through, will save you from losing a lot of cash. It will also pay off to look for info on economic theories, models, feeds, data & how to make fundamental analyses as well as apply basic trading strategies. As well, find out whether there’s any data on technical analyses, as well as technical indicators, & how you can open a trade, in addition to open your FX account. There will be two basic types of analyses which a trader must learn about. So, when you’re choosing the best FX tutorials, look for those that will provide useful material on basic & technical analyses.

Article Source: http://www.articlesbase.com/investing-articles/take-the-mystery-out-of-forex-tutorials-4659241.html

About the Author

Forex is a known way of increasing your wealth but for the beginner who doesn’t learn through courses like Forex trading classroom will see their nest egg disappear in front of their eyes.  Forex tutorial can be found online at http://www.forextradingclassroom.com

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Forex Trading Software Review – How Do Forex Robots Work?

Sunday, April 24th, 2011

The buying and selling of foreign exchange through online brokers is also known as forex. This is a very profitable business, albeit a risky one, and is normally carried out manually by the traders sitting before their terminals for hours in a hope of identifying an opportunity to make profit. However, many traders like to take it the easy way and use automated systems to do the exact same thing they would do manually.

They use forex robots also known as Expert Advisors, or EAs. There are many EAs available on the net, some free and some for sale. However it is important to go through the forex trading software review sites carefully before deciding on which EA your would like to buy. I will also be discussing about a high quality Forex software that is making me consistent returns every month.

The buying and selling of foreign exchange is done online through programs the broker makes available for download to the traders terminal or PC. This platform is called the MT4 and is available free of cost and is what enables the use of foreign exchange robots to place orders online and make profit even in the absence of the trader.

The MT4 is a unique platform that allows the trader to carry out a lot of research and download the entire history of the currency pair they wish to trade. This history is the pip for pip history of the currency over decades. Then the Forex Trading Software Robot is run using the data of this history and the efficiency of the system is determined and the trader will know how much profit to expect from the strategy.

When the strategy is set up on the platform the EA will go to work as soon as the system is connected to the currency server. It will automatically look for trading opportunities to present themselves and will then place orders as the case may be and close them to take profit.The EA carries this out multiple times each trading day and in many cases the trader actually comes out with a huge profit. But this depends on the foreign exchange trading software being used.

This robot is capable of functioning independently day and night as long as the markets are open and the system is connected to the Internet. However, choosing from among the thousands of robots for sale out there is a difficult task and the only way one can make an educated choice is to do diligent research through the forex trading software review sites.

Never go in for a forex trading software without reading as many reviews about it. Since the software is going to be placing trades and closing them against hard earned money deposited as margin with the broker one would not like to take unnecessary risks and lose the money with a weak or fraudulent robot.

It is prudent to not rely on what other people have to say about a product. What a group of unrelated people, who are complete strangers to each other say is another thing and they can be believed. So if the reviews are good go for the product. I personally made more than 8 times on my money using a Forex automated trading robot and would highly recommend it.

Article Source: http://www.articlesbase.com/currency-trading-articles/forex-trading-software-review-how-do-forex-robots-work-4657378.html

About the Author

Are you looking to make money with Forex Trading Software? William Barnes is a successfully Forex trader who has discovered a powerful automated trading tool! You can see the Top 5 Forex Trading Systems at his website http://www.forexrobot-truthreview.com!

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