Thursday, May 26, 2016

Trading Forex has never been easier and better

Hi Forex enthusiasts,

Recently, I came across this website called SG Global FX.
This site offer services both for:
1) The hardcore forex trader
2) The serious investor (as in managed portfolio).

For the trader, SG Global FX offers very competitive price spreads for their currency pair. You are able to trade anywhere and anytime on different platforms, like from your desktops, smart phones and tablets with 99.9% up-time.

For the investor, who has no knowledge of trading forex, you can engage professional traders to trade for you to achieve your targetted returns. SG Global FX manages their client's account with much thought and consideration to achieve their desired returns. They pride themselves with the best customer service, integrity and transparency. Individual trader's performance are tracked and can be viewed by investors to make informed choices.

Best of all, they are licensed!!

After registration and opening your account, you are able to refer your friends to SG Global FX and earn yourself a handsome recurring commission as long they continue to trade.

Why not try their service today by registering HERE.

Saturday, October 10, 2015

Book Review on Getting Started In Technical Analysis By Me

I have been trading stocks for some time and gradually found that
1) I can only make a profit in bull upward markets
2) My timing of buying at the lowest point and selling at the highest point was flawed and depended only on my sixth sense and gut feelings. 

So I went searching if there is something which i could learn and rely on to tell me when is the best time to buy and sell the share. One day I came across a discipline called Technical Analysis and was fascinated by it. This is used by professional traders and remeisiers to understand the sentiment of the market, recognise any charting pattern and manage risks.

There were numerous advertisements in the newspaper showing people wanting to teach others how to profit from the stock market using Technical Analysis. I attended a few of these seminars and found that you be set back by at least five thousand dollars to begin with. Whether you succeed or not, all depended on your own skill and experience. I decided not to sign up for any of them; however I wanted to learn more about Technical Analysis using an alternative way. I went to MPH bookstore and chance upon this book called "Getting Started In Technical Analysis" by Jack D. Schwager. In this book, lies many hidden gems. In this book, you can learn about:
  • Basic fundamentals like charts and patterns, trend lines, trading ranges and breakout, support, resistance, oscillators
  • Trading techniques like entering middle of a trend, stop loss, exit criteria, failed chart patterns
  • Trading system like software, designing a trading system, system testing and fine-tuning
  • Practical trading approach like trading plan and steps, rules for trading, observations from the market, trading mastery

After reading this book, I have learned the many areas making up technical analysis, and it is not only about looking at charts. I like to recommend this book as a must read for beginners who wants to know everything about Technical Analysis and in turn have a better understanding of the markets to make better informed investment decisions. Jack has his own trading company and manages client funds. He is the author of several other books like "The Complete Guide to the Futures Market" and "Fundamental Analysis". The many examples are easy to follow and designed to further illustrate the concept in a practical way. 

Two things I like most is with Jack's extensive trading experience, he is able to provide a complete chapter solely on real-life charting analysis taken from his own trades as well as trading psychology and taking advantages of market behaviours and trends. The best thing is, I have improved my trading approach and have applied many of Jack's teachings. This resulted in better entries and exits which maximize winnings and minimize losses. I would have lost more money had I not gotten this book and relied on hope.