Latest Forex Market Trend
During the period 1991 to 1995, India moved from a fixed exchange rate system to partial float exchange rate system to a free float or floating rate market determined exchange rate system. An important thing to remember is before jumping into trading currencies, is it wise to practice with “paper money”, or “fake money.” Most brokers have demo accounts where you can download their trading station and practice real time with fake money.
Once you have familiarized yourself with fundamentals of the financial markets, you are welcome to proceed with opening a Forex trading Demo account to practice your knowledge, test existing and develop new trading strategies absolutely risk free since a demo account does not require investment of real money and allows you to adjust the size of initial deposit.
The outlook for the euro remains unattractive and is likely to continue a losing streak specially versus the U.S. dollar and emerging market currencies, as not only Greece, but several other countries using the regional single currency are in a financial situation far from an acceptable level to attract investors.
Unfortunately not every trader is good at it hence Forex news trading experts like – Quantina Intelligence Forex Research Lab designed high-winning intelligent news trading logic into Expert Advisers, with about 82% – 90% consistency to achieve success in Forex trading.
Increasing convertibility does carry the risk of removing the insularity of the Indian markets to external shocks like the South East Asian crisis, but a proper management of the transition should speed up the growth of the financial markets and the economy.
For serious traders who nevertheless have other interests, obligations or occupations, automated trading software saves the time that they otherwise may have devoted to studying markets, analyzing charts or watching for events that affect currency prices.
These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA).
I worked for seven years as a proprietary trader for a trading firm(s), doing one of the toughest jobs on the planet (also the most fun)-extracting profit every single month; if I didn’t make a profit, I didn’t get paid (no salary, everything was dependent on performance).
In addition to the daily courses that we offer for people who work full time (that you can see on the left of this page), we are now also offering students looking for a career in Forex a six months course which includes 2 months of practical trading under the guidance of a profesional trader as well as assstance to build their own Forex Business based on other income streams in the Forex industry.