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Forex Trading 101

Challenges over forex market desk with CFTC regulation - First reactions
Wed, 01 Sep 2010 16:10:31 GMT

James Bibbings explains his thoughts in an interesting article about the changes the new CFTC regulation released a couple of days ago will introduce in the brokers industry while thousands of tourists walk around financial district in New York, taking photos close to the Wall Street Bull or Tiffany's building. "Are the Final Rules as devastating to the industry as the proposed rules, published by the CFTC in January of this year," Bibbings ask us , "were thought to be?" Life continues

CFTC Forex Rules In Effect October 18, 2010
Tue, 31 Aug 2010 18:02:36 GMT

After much anticipation forex traders and brokerages in the United States can finally breathe a sigh of relief.  On August 30, 2010, the Commodity Futures Trading Commission (“CFTC” or “Commission”) published its final rules (“Final Rules”) on Over-the-counter Retail Foreign Currency transactions (“Forex”).  This is ground breaking news for the industry as brokers and money managers were previously able to operate within these markets with little to no oversight - no longer. 

Fire Your Rep When You are Ready to Trade
Tue, 31 Aug 2010 12:30:20 GMT

Tracy was still angry with her husband even though the argument happened last night. She thought that since she "slept" on it that things would look a little differently today...they didn't. She and Bob had a good relationship, but sometimes "he could be so stubborn," she thought to herself. In fact, her anger had caused her to forgo a very important part of her pre-market preparation. She traded the YM E-mini and her daily routine included identifying yesterday's high, low, open and close

Exploring the 10 Top Metro Areas to Buy Real Estate in the Next Few Years, Part I
Tue, 31 Aug 2010 12:01:14 GMT

Last week, when we looked at the real estate forecast, I listed the markets that experts think will have the most growth between now and 2014. This week, we'll explore the first five of those markets in more detail. Here are the top five metro areas: 1. Washington – Bremerton-Silverdale metro area Prices Forecast to increase: 44.7 percent Population: 240,860 Median Price Home: $245,000 Median Family Income: $69,900 According to Fiserv, their forecast is for prices to increase 44.7 percent. Why

Notes for a Novice Trader
Tue, 31 Aug 2010 11:55:09 GMT

Before I started writing this article today, I decided to take my motorcycle out to Starbucks for a cup of coffee, then a short ride to the mountains. While riding and enjoying the beautiful scenery, I noticed three other motorcycles coming up behind me at a fairly quick clip. Since I was in no hurry, I waved them on past me to allow them to ride as they wished. The road I was on was a typical mountain road with plenty of tight turns. As these bikes went past me, I was watching them as they

Delta Part 2: Delta as an Approximate Measure of Probability
Tue, 31 Aug 2010 11:45:09 GMT

In this article, I will continue discussing the Delta, one of the Greek option components. I also will provide an example of using Delta as an Approximate Measure of Probability. Online Trading Academy offers a two day Option course in which the five Greek options components are discussed in depth. One of the slides in the Introduction Option Curriculum is called Three Views of Delta. Each of the three points is defined in the following way. The first: As a measure of the change in an option's

Welcome to a World Without Absolutes
Tue, 31 Aug 2010 11:23:52 GMT

It has been another week and another batch of new students for me. I have just stepped back into the classroom again after a six week break to host and teach the 6 day Online Trading Academy Professional Forex Class. As you know, I regularly work in the virtual environment of the Extended Learning Track (XLT) - Forex program where the only contact I have with my students is via the text chat box, and as much I love the XLT teaching, seeing 23 students face-to-face in the live classroom is a

Market Moves
Tue, 31 Aug 2010 11:20:38 GMT

Students often ask me how they can find the stocks that are best poised to move for the following trading session, or even over several sessions for a swing trade. The answer does not only lie with the stock itself, but with the price action of the broader market. I have stated before in my classes and in past articles, the largest influence on a stock's movement is the trend strength and direction of the broad market. In fact, on average, 60% of a stock's movement is directly related to the

The Benefits of Futures Trading
Tue, 31 Aug 2010 12:13:50 GMT

When it comes to trading different asset classes, I get more questions about the Futures markets than any other set of markets. This is because many people hear from others how great these markets are for short and long-term trading but know very little about them. In my opinion, these are the greatest trading markets in the world. They have many benefits that other asset classes don't and I will bullet those points for you here. Benefits of the Futures markets: No $25,000 minimum day trading

Even If You Suffered Losses…
Mon, 30 Aug 2010 18:31:52 GMT

There’s one thing that few people will dispute: We’re all imperfect and therefore make mistakes and do things we come to regret. Hello: I was away from the markets recently due to some transient technical problems. I nevertheless received phone calls from those who found the markets difficult. So I decided to write this small essay to encourage those who are facing tough times on the markets. According to Paul Liburd, trading isn’t a win-win situation. Be prepared to lose on some trades as