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  • Forex Trading Online Service Alpari?

    Posted by admin on March 4th, 2010 and filed under uk forex | 2 Comments »

    http://www.alpari.co.uk/

    I know what the company does on a very brief note, such forex trading online using various software etc. But What I wanted to know is, what the hell is a PIP! also what is there jurisdiction limitations so what services can they offer and cant etc.

    Also what makes a good online forex trading account etc. I was reading the not receiving re-quotes is good etc.

    A pip, depending on the currency is 1cent so when trading Cable (GBP/USD) you place a trade with a profit limit level of x number of pips - 20 pips would be 20 cents and so on.

    I use Alpari for the charts on the Metatrader platform they use - which you can download for free. Their spreads are pretty good, but for tax reasons I mostly use IG Index for trading, which is a spread betting platform.

    Not sure about the jurisdiction limitations you refer to - without knowing which country you are based in. If you are based in the UK there are none I know of.

    What makes a good account is stability of the platform (most FX providers tend to use Metatrader so that isn’t really an issue) and speed of processing orders - you will get some slippage when the market is moving very quickly, the best way to minmise that is by using OTO orders (orders to open) that automatically trigger an order when a price reaches a certain level. Most important of course is the spread - e.g the number of pips the provider charges for entering a trade - which does vary enormously.

    Anyone know a good book for learning Forex Trading?

    Posted by admin on February 25th, 2010 and filed under uk forex | 6 Comments »

    Also a good but affordable Forex training course in the UK

    A great book I know is Bird Watching in Lion Country reviewed below

    What is the best time frame to trade in Forex.?

    Posted by admin on February 18th, 2010 and filed under uk forex | 2 Comments »

    I am staying in UK. I would like to know what will be the preferable time zone for me to trade in forex.

    As you have mentioned in your question that you stay in UK. The London Session will be the most preferable time zone for you to trade in.

    London Session :
    Open up at GMT 8:00
    Closes at GMT 17:00

    Currencies mostly traded in this session are:
    GBP/USD
    EUR/USD
    USD/JPY

    Hope this answer helps you!

    For further info you can also browse through the blogs and sites mentioned below:

    forex or stocks in this kind of economy that we’re having in uk?

    Posted by admin on February 7th, 2010 and filed under uk forex | 2 Comments »

    which would be the more practical thing to get into at this moment in time, considering out economy.

    I’d suggest forex simply because of the stability it offers - it’s a global market so it isn’t just affected by what’s going on in a certain country.

    If you want to see exactly how to get into trading forex, you should take a look at the free beginners guide you can download at http://www.forexfromscratch.com

    This guide is a "step-by-step" report which explains everything you need to know about getting into forex trading.

    Hope this helps?

    Hi, is anyone any out there good at trading forex on margin? especially guys from the uk.?

    Posted by admin on January 29th, 2010 and filed under uk forex | 2 Comments »

    I need an easy to use site with lots of GBP based pairs, that lets you open account for a small amount and trade at a very low margin like 10:1 up to say 100: 1

    id like to chat to some people and learn some tips, like where you draw the line on taking a loss? for example when you hit a loss of 50% of your deposit would you then close the possition etc. as you get a larger deposit I guess you can trade at a lower margin and take a longer view?

    hi chris, may i suggest you visit this site. it will actually lead you to one of the leaders in forex trading today. best feature they have that would interest you is that by opening an account with them they will provide you a personal Account Service Manager to talk to live via phone, email or chat to discuss whatever trading strategy you have. and in case you are not satisfied with your ASMs idea you can always refer your query to thousands of expert forex traders in their chat room. they maintain four types of account- mini($100), gold($500), platinum and vip. of course, opening a higher account would entitle you to better trading feature and benefits. all the best.

    Is Forex income taxable in the UK?

    Posted by admin on January 22nd, 2010 and filed under uk forex | 1 Comment »

    Do I need to be registered as self-employed and fill in a tax return?
    Are profits taxable if they have not been withdrawn from my broker account?

    Please can someone help as I have spoken to HMRC four times and nobody at the inland revenue can give me an answer.

    hi
    its better you will ask straightly from broker ..ask support system..here some good trading platforms which give one on one trading support for each query from trader.

    is it safe to purchase from person who is from UK ( Classified )?

    Posted by admin on December 23rd, 2009 and filed under uk forex | 3 Comments »

    in bangalore.click.in and many other classifieds

    under,

    for sale > Mobile and accessories>

    a person is offering NOKIA, SONY ERICSSON, and many more mobiles for almost 50 % discount price. BUT the person is from UK, The prices are in Dollar Currency ( $ ). he say tat all the mobile are original brand, genuine, new packed and comes with international warranty. and the payment should be done through WESTERN UNION MONEY TRANSFER and he will dispatch the mobile through FOREX.

    so, is it safe to purchase from him ?

    will the receive the product if i purchase from him ?

    it that person any fraud or what ?????

    please help me…..

    you dont have guarantee or surety about this person how come u can send him money without items,and if also ur receiving items what is the guarantee thats its genuine if its not genuine what u will do where u will go,ur doing this because u want to save 50% money what if this 50% is alos gone,dont trust anybody on net,i will tell u i will give u same mobiles nokia samsung any model at 75% discount price will u send me money by western union in dubai.

    help from forex traders?

    Posted by admin on December 6th, 2009 and filed under uk forex | 9 Comments »

    hello everyone i need some help with starting forex trading firstly i would like to know which is the best site to learn all the symbols and so on, secondly i would liek to know as a day trader is it true you have to sit in front of the screen all day to trade, thirdly i have heared about this system called ivybot i want to know if its true about how it can help make you money i am from the uk and everytime i search for information i get sites that look like there going to scam you for information asking me to pay all the time. thank you for and advice and help given much apreciated

    Start with investopeadia, then read some books BEFORE you start trading - The Online Trading Expert is a good one.

    Stay away from bots, you won’t make any money that way unless you really know what you are doing.

    Then when you are ready open up a dummy account with IG Index or someone similar to test trading with. Any Metatrader platform is the best for reading charts on.

    No you don’t need to sit in front of the screen all day to trade, I trade FX every day and most of the market moves take place between 6 and 9am and from about 12-4pm.

    Useful resources include:

    forexfactory.com
    dailyfx.com
    bloomberg.com
    reuters.com

    Isn’t arbitrage slightly underrated by EMH?

    Posted by admin on November 19th, 2009 and filed under uk forex | 1 Comment »

    OK, personally I think there is some truth in EMH and that you can’t predict the big financial markets. But, arbitrage seems a little bit underrated by EMH. I am not sure if Prof. Fama has stated this in his original thesis back in the 70s, but you will find many "official studies" online(and in your university) that in the EMH world arbitrage doesn’t exist or when it occurs - it lasts for just a few seconds. OK….but just a "minor detail" that we have something called "high frequency trading" - Yes, you are right - "a few seconds are NOT problem for a high frequency computer". Actually, below I give you a few examples(without formulas and sophisticated code - just easy to understand arguments), as to why APT, MPT, EMH and all these abbreviations fail when it comes to arbitrage:

    1. Arbitrage exists for just 2-3 seconds?:
    See above ^…high frequency trading. Also, see this very interesting study from Oxford which not only disproves EMH but even its "refined version" - the Adaptive Market Hypothesis: AMH (too many abbrevations already…funny). So:

    http://www.nuffield.ox.ac.uk/users/murphya/Arbitrage%20Opportunities%20in%20Nasdaq%20Stocks.pdf

    2. You cannot profit from a carry trade, due to large market risk?
    Fail. You can very easily: a) Go long on XAU/USD or vice versa, short it. b) Hedge the market risk with a comex gold futures gold contract. c) Receive the tom rollover on the XAU/USD.
    At the end - you end up with no market risk and 3%(or more) leveraged inter market rate. How much is that since both your futures and xauusd forex are margined? You are right: over 50% interest yearly without any market and default risk, the % obviously depends on your broker and how much your forex position is leveraged. The comex gold is an exchange defined initial/maintenance variance margin.
    You can make a similar trade with cfd/stocks.

    3. Options/betting markets are very efficient:
    Fail. With some persistence you can easily find a broker with call/put option sell premium higher than other broker with option buy premium lower, on OTC option markets. You are obviously hedged when buying at the lower price and receiving higher premium at the other broker. Problem here is that there is market risk - but only "virtually", since you cannot lose even if one of the positions is closed. Of course you can do the same in betting markets when the odds summed on -1th power are below 1.

    There some other examples.

    Point is that when you read about arbitrage you read only about "buy microsoft stock in london and sell it in new york when prices differ" - which is complete ballooney. Not only this type of "Arbitrage" doesn’t happen - but it’s practically nearly impossible to make money from this even when it happens. The other type that you will read about online is the "triangular arbitrage" with 3 currencies - which occurs once in a millenium.

    The first examples however are much more practical, if not shocking since some of them exist for quite some time and not even 2-3 seconds. Which means that most "arbitrageurs" are actually stupid not to exploit them, despite being a public knowledge.

    I thought to go on details with formulas, links, references, computer code, etc. in this topic…but I am lazy and busy now .

    Thanks!
    https://riselux.com

    I like your question. I trade in the financial markets and it would appear under the strong version of the EMH arbitrage isn’t possible. However, I don’t believe economists look to EMH as a perfect model but merely an approximation. Much like the rational expectations hypothesis only partially explains the slope of the yield curve; one needs to factor in risk premium to derive the complete explanation. Similarly EMH partially explains the price action we observe in markets. Arbitrage assists in the efficiency of markets by facilitating the flow of capital into its most resourceful uses.

    Can anyone guide me as which university offers courses in forex & treasury management in India through?

    Posted by admin on November 17th, 2009 and filed under uk forex | 2 Comments »

    distance mode. Also which course is better amont these two certifications, both interms of accredition and recognition 1.) FIMMDA’s Diploma in Treasury, Investment & Risk Management. and (2.) ICFAI’s PG Diploma Program in Treasury and Forex Management. . ICFAI has also got membership with International Group of Treasury Association,(IGTA-UK). So, which of the certifications is better. Kindly guide me. Thanks everyone in anticipation. - Kishore.

    You can leave a response, or trackback from your own site. … 7100, New Delhi - 110 002 Noida,India Courses Certificate Course on Corporate … Standards Certificate Course on Forex and Treasury Management Certificate Course on …. Comment on Madurai-Kamaraj University by viji. hai, pls send me the last 3 years