Teach me forex handel

Forexhandel med Alpari: pålitlighet och innovation i handel Varför välja Alpari idag Alpari är en av världens största Forex-mäklare. Tack vare den erfarenhet som företaget har förvärvat med många års arbete, kan Alpari erbjuda sina kunder ett brett sortiment av högkvalitativa tjänster för modern internethandel på valutamarknaden. Över en miljon kunder har valt Alpari som sin betrodda leverantör av Forex-tjänster. Vad är Forex Forex-marknaden (FOREIGN EXchange) dyka upp i slutet av 1970-talet efter att många länder har beslutat att avböja sitt valutavärde från amerikanska dollar eller guld. Detta ledde till bildandet av en internationell marknad där valuta skulle kunna bytas ut och handlas fritt. Idag är Forex den största finansiella marknaden i världen. Det spelar ingen roll om du bor eller ens där du är just nu så länge du har tillgång till internet, en handelsterminal (ett specialprogram för handel med Forex) och ett konto med en Forex-mäklare, alla Forex-instrument och möjligheter är öppen för dig. Vem är handlare Traders är personer som arbetar på Forex marknaden, försöker att fastställa riktningen i vilken priserna på en valuta kommer att gå och göra en handel för köp eller försäljning av den valutan. Som sådan, genom att köpa en valuta billigare och sälja den till mer, tjänar handlare pengar på Forex marknaden. Traders gör sina beslut baserat på analys av alla faktorer som kan påverka priserna, så att de kan träna exakt i vilken riktning priserna rör sig. Vinsten kan göras handel Forex på fallet i priset på en valuta, precis som vinst kan göras på en ökning av priset på en viss valuta. Dessutom kan handlare göra affärer på Forex marknaden från var som helst i världen, oavsett om det är London eller Timbuktu. Var kan du lära dig hur man handlar Forex För nybörjare som just tagit sina första steg på Forex marknaden rekommenderar vi att anmäla sig till en av Investment Academys utbildningskurser. Kurserna lär dig inte bara grunderna på valutamarknaden utan också metoder för att analysera Forex Market och hur man undviker vanliga fallgropar. Med utbildning från Investeringsakademin får du värdefull teoretisk kunskap som du kommer att kunna tillämpa vid handel. Dessutom hittar du information om Money Management, lär dig att ta kontroll över dina känslor, upptäcka hur tradingrobotar kan vara användbara och mycket mer. Du kan delta i kurser från ditt eget hem: online. Veckovisa finansiella analyser och nyheter, färdiga handelsidéer och gratis analytiska tjänster på Alpari39s hemsida hjälper dig att fatta rätt beslut vid handel med Forex. Hur kan du få trading Forex Om du aldrig har arbetat med Forex innan kan du testa alla möjligheter att handla valuta på ett demokonto med virtuella medel. Med ett demokonto kommer du att kunna utforska Forex-marknaden inifrån och utveckla din egen handelsstrategi. Du kan alltid dra nytta av färdiga lösningar genom att bekanta dig med feedback från andra handlare. När du har öppnat ett konto, oavsett om det är ett demo eller ett livekonto, måste du ladda ner ett speciellt program för att arbeta på Forex marknaden en handelsterminal. I terminalen kan du följa marknadsnoteringar, göra affärer genom att öppna och stänga positioner och hålla dig uppdaterad med finansiella nyheter. Du kan välja mellan handelsterminaler för både PC och mobila enheter: allt du behöver för att göra ditt arbete med Forex så bekvämt som möjligt. Du kan börja handla på Forex valutamarknaden med Alpari som har några pengar på ditt konto. Om du vill försöka handla Forex på ett levande konto, men för att hålla riskerna så låga som möjligt, försök handla med ett nano. mt4-konto där valutan handlas i eurocents och US-dollar cent. Forex Advanced Candlestick Reversal Patterns De flesta valutahandlare som använder teknisk analys som grund för sina positioner spenderar mycket tid på att titta på ljusstakediagram. Denna diagramtyp är användbar på ett antal olika fronter, och ett av de bästa exemplen på detta finns på hur ljusstickdiagrammen kan göra det enklare att upptäcka omkastningar. När vi pratar om reverseringar är huvudidén att någon rådande trend har börjat nå sin utmattningspunkt och att priserna är klara att börja röra sig i motsatt riktning. I det ögonblicket kan det tyckas mycket svårt att veta att alla tidigare riktningar har drivit sin kurs. Men när vi använder ljusstakeformationer som ett identifieringsverktyg, finns det vissa specifika signaler som skickas regelbundet. Här kommer vi att titta på olika formationer av Doji, liksom de haussefulla och baisseformiga mönstren. Doji-mönstret Doji ljusstake mönstret är en stark reverseringssignal som visar att marknadsmomentet löper ut. Eftersom majoriteten av köp - eller försäljningsverksamheten redan har ägt rum, kan en indikation på att antalet majoritetsdeltagare minskar, användas som en möjlighet att börja ta utexpositioner i andra riktningen. Doji-mönstret kan vara bullish eller baisse i naturen, allt beroende på riktningen från den tidigare trenden. Diagramkälla: Forexmachines De ljusstakeformationer som visas ovan kan se annorlunda ut i form, men de berättar i huvudsak samma sak. Det vanliga doji-mönstret består av en mycket liten ljuskropp med en övre och nedre wick. Den långbeniga doji har också en mycket liten ljuskropp som ligger ungefär i mitten av formationen. I det här fallet är dock de övre och nedre veckorna längre vilket föreslår att det var mer volatilitet under det tidsintervallet. Gravestonen doji är en av de mest bearish versionerna av mönstret. I det här fallet visar mönstret en mycket liten ljuskropp längst ner, med en lång wick på toppen. Detta mönster visar att marknaderna steg snabbt till nivåer som var ohållbara. Säljare tog över och tidsintervallet slutade. Om denna bildning följs av ett fullstarkt baissejus är bekräftelsen på plats och korta positioner kan tas. Dragonfly doji är en av de mest haussefulla versionerna av mönstret. I det här fallet visar mönstret en mycket liten ljuskropp på toppen med lång längd längst ner. Detta mönster visar att marknaderna föll till nivåer som var ohållbara. Köpare tog sedan över och tidsintervallet slutade. Om denna bildning följs av ett fullstödigt hausseartat ljus är bekräftelsen på plats och långa positioner kan tas. Diagramkälla: Metatrader I diagrammet ovan kan vi se att prisaktiviteten var starkast bullish i AUDUSD. Men ingen trend kan vara för evigt, och marknadsmomentet börjar sakta som processökning över 0,9300-området. Här bildar ett baisse-doji-mönster 8212 som tyder på att den tidigare tjurtrenden är redo att vända. Efter att Doji har sett, bildar ett starkt baisse ljus, vilket bekräftar omkastningsmönstret. Korta positioner kunde ha tagits på detta stadium, och valutahandlare kunde då ha kapitaliserat sig på all den nedåtriktade rörelsen som följde. Bullish och Bearish Engulfing Patterns När det gäller ljusstakeformationer är Doji-mönstret relativt extremt och kräver strikta definitioner för vad som kan ses i kroppen för att vara giltigt. Men det finns en annan mönsterform som är mindre styv men lika kraftfull på det sätt som den kan förutsäga trendövergångar. Därefter tittar vi på det haussefulla och baisseformiga mönstret, vilket är en annan ljusstakeindikator som kan användas för att fastställa forexpositioner. Följande visar strukturen hos det hausseformiga mönstrade mönstret: I det hausseformiga mönstret ses en downtrend som kommer till ett slut. Downtrends domineras av bearish ljus, och ett litet bearish ljus är det som behövs för att starta det haussefulla uppsluckningsmönstret. Detta lilla baisse ljus följs sedan av ett större hausseartat ljus som överväldigar, eller engulfs vad som tidigare sett. I bilden ovan kan vi se att den första ljuskroppen är ungefär hälften av den haussefulla ljuskroppen som följer. Marknaderna trycker inledningsvis priserna lägre, och detta nedåtgående gap ger upphov till en lägre wick som sträcker sig under det initiala baissejuset. Marknadsmomentet vänder sig sedan och sträcker sig till en ny högre hög och ett starkt positivt slut som är högre på dag 2. Nedan visas strukturen hos det baisseformade mönstret: I det baisseformade mönstret ses en uppåtgående slut. Uptrends domineras av hausseartade ljus, och ett litet hausseartat ljus är vad som behövs för att starta det baisseformade mönstret. Detta lilla haussefulla ljus följs sedan av ett större bearish ljus som överväldigar eller engulfar det som tidigare sett. I bilden ovan kan vi se att den första ljuskroppen är ungefär hälften av den stearinljusstarka kroppen som följer. Marknaderna inledningsvis driver priserna högre, och detta uppåtgående gap skapar en högre wick som sträcker sig under det initiala haussefulla ljuset. Marknadsmomentet väntar sedan och sträcker sig till ett nytt lägre lågt och ett starkt negativt slut som är lägre på dag 2. Diagramkälla: Metatrader Vilken typ av uppslukningsmönster finns här Eftersom den inledande trenden är nedåt så ser vi senare en bullish reversering. Typen av struktur här är det haussefulla uppsluckningsmönstret. Här kan vi se att priserna sjunker till ungefär 115 8212 och serien av små röda ljus slutar med ett starkt grönt ljus som föreslår att en omkastning är överhängande. Forexhandlare kunde ha tagit långa positioner här. och kapitaliseras på de vinster som följde. Bärhandel Forexmarknaden är associerad med några få handelsstrategier som inte kan hittas i andra tillgångsklasser. Ett exempel kan ses i bärhandeln, som dra nytta av skillnader i räntor som kan hittas när man kopplar samman valutor. Alla valutapositioner innebär samtidig köp och försäljning av två olika valutor. När näringsidkare köper en valuta med hög ränta i utbyte mot en valuta med lägre ränta ackumuleras räntedifferensen dagligen. Med tiden kan dessa positioner bli ganska lönsamma eftersom bärvärdet för dessa branscher är väsentligen garanterat (så länge som räntedifferensen förblir intakt). Av dessa skäl finns det många handlare som väljer att fokusera exklusivt på dessa typer av strategier. Här kommer vi att titta på några exempel på hypotetiska bärbranschen för att se hur vinster kan fångas över tiden. Valutor och räntesatser Alla valutor är knutna till en specifik ränta. Dessa räntor bestäms av centralbanken i varje nation. Därför betraktas penningpolitiska möten i centralbanker med stor betydelse av valutahandlare. När du köper en valuta får du räntan så länge du håller positionen. Om exempelvis Europeiska centralbanken har satt sin referensränta på 2,5, får du 2,5 på din position för varje år du håller den valutan. Om du skulle sälja valutan (dvs. i en kort position i EURUSD) skulle ditt valutakonto debiteras -2,5 för varje år du håller positionen. I samtliga fall kommer dessa krediter och debiteras att ackumuleras dagligen när positionen hålls genom övergångsperioden klockan 17.00. Handelsexemplar Låt oss överväga några hypotetiska handelsexemplar med hjälp av bärhandeln. Historiskt sett har den australiska dollarn (AUD) varit förknippad med höga räntor medan den japanska yenen (JPY) har förknippats med låga räntor. Av denna anledning är AUDJPY ett av de mest populära alternativen för bärahandel. Hypotetiskt kan vi anta att Australiens Bank har fastställt sin basränta till 5 år. Låt oss också anta att Bank of Japan har fastställt sin basränta på 0,5. Räntedifferensen för dessa två valutor skulle då vara 4,5, så om du skulle köpa AUDJPY och hålla positionen i ett år skulle du få en garanterad 4,5 på din position. Detta skulle vara oberoende av eventuella förändringar som ses i den underliggande växelkursen mellan dessa två valutor. Negativ bär Som illustration bör det också förstås att bärvärde också kan fungera i motsatt riktning. Vi antar att Federal Reserve har satt upp räntan för amerikanska dollar på 3,5. Samtidigt har Bank of Canada satt räntesatsen för den kanadensiska dollarn vid 2. Vad skulle hända om du valde att ta en kort position i USDCAD En kort position i USDCAD skulle innebära att du säljer USD och köpa CAD. Eftersom du skulle köpa valutan med den lägre räntan kommer din position att exponeras för negativ bär 8212 vilket i det här fallet innebär att ditt handelskonto skulle debiteras ett värde som motsvarar -1,5 av din position för varje år hålls positionen . Detta beror på att räntedifferensen mellan USD och CAD är 1,5 (3,5 och 2). På grund av detta är långsiktiga positioner som är förknippade med negativ bär exponerad för större risk eftersom förlusterna garanteras. Eventuella vinster som kan genereras av potentiella förändringar i den underliggande växelkursen skulle fortfarande behöva redovisa de bärkostnader som uppstått under positionens livslängd. Långsiktig positionering Forex-handlare som anställer bära handelsstrategier tenderar att vara handlare som har långsiktiga utsikter. Detta beror på att det oftast tar mycket tid för att generera tillräcklig vinst för att motivera positionen. Räntevärdena som citeras av din forexmäklare ges årligen. Det betyder inte att du kommer att behöva hålla dina positioner under ett helt år för att fånga fördelarna med bärahandeln. Alla positioner är pro-rated, och dina slutliga vinster och förluster kommer att bestämmas av den exakta tidsperioden du behöll varje position. Korrelerade marknader De flesta valutahandlare i de avancerade stadierna av sin karriär tenderar att placera huvuddelen av sitt fokus på valutamarknaden. Det finns god anledning till detta, eftersom det möjliggör ökad förtrogenhet inom en specifik tillgångsklass. Men ett problem med detta tillvägagångssätt är det faktum att det blir mycket lätt att glömma att alla marknader är sammankopplade och starkt påverkar varandra. Forex är givetvis inte annorlunda, och det är därför meningsfullt att ha en förståelse för hur områden som lager och råvaror arbetar med (och mot) valutamarknader. Här kommer vi att titta på några av de faktorer som driver samband mellan forex och de andra stora tillgångsklasserna. Individuella aktier har liten eller ingen inverkan på valutamarknaden, men det är inte fallet när vi tittar på referensindexen som helhet. Nästan sågade instrument som SampP 500 eller FTSE 100 kan ha ett betydande inflytande på valutorna 8212, särskilt de valutor som är närmast associerade med de geografiska regionerna. Starkt hausse dagar i tyska DAX och French CAC 40 tenderar att stödja valutapar som EURUSD och EURJPY. Positiv aktivitet i Nikkei 225 tenderar att skapa försäljnings tryck i forexparna som är denominerade i den japanska yenen (eftersom JPY är motvalutan i dessa par). Priserna i GBPUSD kommer ofta att påverkas av FTSE 100. och många valutahandlare kommer att vänta på att se de rådande trenderna i var och en av dessa riktmärken innan de etablerar kortsiktiga positioner. När det gäller amerikanska dollar. saker tenderar att fungera i omvänd ordning. Eftersom USD allmänt anses vara en säker fristad. det kommer ofta att handla i motsatt riktning relativt de centrala riktmärkena i USA 8212, SampP 500 och Dow Jones Industrials. Det innebär att näringsidkare på negativa aktiedagar tenderar att ta ut sina pengar ur lager och förvara dem i kontanter. Detta gynnar USD och visar att det finns ett negativt korrelationsförhållande mellan valutan och dess närmaste lagerindex. Så dagar som är starka hausse för SampP 500 och Dow Jones kommer generellt att skapa en mer negativ utsiktering för USD. Commodities Commodities marknader kommer att påverka valutapriserna på olika sätt. Länder som är kända för metallproduktion tenderar att gynnas när priset för dessa tillgångar ökar. Till exempel finns det en stor mängd kopparproduktion i Australien. På dagar där kopparpriserna stiger, tenderar valutapar som AUDUSD att gynna. På samma sätt skapar höga guldproduktioner i Kanada en positiv korrelation mellan priset på guld och CAD. På dagar där guldpriserna stiger, tenderar valutapar som CADJPY att stiga (och vice versa). Samtidigt tenderar USD att arbeta i motsatt riktning. Det beror på att råvaror är prissatta i amerikanska dollar, så handlare behöver generellt sälja dollar för att köpa guld eller olja. Om du ser en handelsdag där oljan rallar kommer det att finnas åtminstone ett nackdelstryck på USD eftersom det bredare orderflödet som ses på marknaden kommer att kräva extra försäljning av dollarn. Slutsats: Håll kännedom om trender i alternativmarknader Av alla dessa skäl är det meningsfullt att vara känt över trenderna i andra tillgångsklasser 8212 även om det verkar som om det inte finns någon direkt koppling mellan din forexhandel och de senaste prisdragningarna i aktier eller handelsvaror. För det mesta, vad du ska leta efter är negativa och positiva korrelationer, och se sedan på vad som händer på alternativa marknader innan du lägger några nya valutapositioner. Dessa korrelationer kan inte räcka för att användas som enbart grund för nya positioner. Men det här är faktorer som bör beaktas, eftersom det finns tydliga influenser som kan mätas. Att ha en fast förståelse för den bredare sammankopplingen mellan dessa marknader kan hjälpa dig att göra dina sannolikheter för framgång tillbaka till din tjänst på lång sikt. Diversifiera en Forex Portfolio De flesta med erfarenhet av handel på finansmarknaden förstår att diversifieringar i allmänhet är en bra sak. När vi tänker på diversifiering är det vanligtvis förknippat med aktieinvesteringar som sprids över ett antal olika industrisektorer. Men det är möjligt att diversifiera din forexportfölj också. Detta kan göras genom att skilja valutor i olika kategorier och se till att du inte fördubblas på någon enda tillgång. Här kommer vi att titta på några av de faktorer som går in i att diversifiera en forexportfölj. Undvik fördubbling Först måste det förstås att ha flera positioner i en gemensam valuta kan vara särskilt problematisk. Till exempel, antar en forex-näringsidkare köper en mycket i EURUSD och en mycket i EURGBP. Det verkar som om näringsidkaren tar två helt olika positioner, men ingenting kan vara längre ifrån sanningen. I ett scenario som detta skulle forexhandlaren i huvudsak ta en dubbel position i 8212 EUR, även om det görs mot två olika valutor. Här skulle handlaren i huvudsak placera alla ägg i en korg och skulle vara särskilt sårbar om någon svaghet ses i euron. I ett sådant fall skulle det vara mycket klokare för en näringsidkare att ta en halvställning i båda dessa valutapar, eftersom detta skulle begränsa den alltför stora exponeringen i euromynten. Att ta överdriven exponering i en enda valuta kan vara mycket farlig och bryta mot många av de grundläggande valutahandelsreglerna som kräver rätt handelshantering. Det finns inget fel med att skilja din inställning över mer än ett valutapar. Men korrekta regler för handelshantering dikterar att ingen valutaposition ska exponera ditt kontobalans till förluster på mer än 2-3. Så om du vill uttrycka dina marknadsvisningar med mer än ett valutapar är det viktigt att undvika att ta fullstora positioner som köper eller säljer en gemensam valuta. Det här är inte mycket annorlunda än att ta två positioner i ett par, eftersom eventuell nackdelaktivitet i den valuta du köper kommer att generera två gånger förlusterna. Watch Valuta Korrelationer En annan faktor att överväga är valutakorrelationen. Många valutor brukar falla i samma kategori, och om du vill uppnå diversifiering i din forexportfölj måste du skapa exponering för mer än en tillgångstyp. Till exempel faller amerikanska dollar (USD) och schweiziska franc (CHF) båda i kategorin förvaringshamn som dra nytta av ekonomisk osäkerhet och fallande aktiemarknader. Den japanska yenen (JPY) är en annan valuta som drar nytta av dessa typer av scenarier, eftersom valutahandlare ofta ser att stänga ut bära handelspositioner. Andra exempel inkluderar traditionellt högavkastande valutor som australiensiska dollar (AUD) och Nya Zeeland dollar (NZD). Samtidigt tenderar euron och brittiska pundet att röra sig i liknande riktningar, med tanke på de båda ekonomins sammankopplade karaktär. Uppnå diversifiering Med allt detta i åtanke bör forexinvesterare med långsiktiga utsikter se till att de sprider sin portfölj över mer än en valutatyp och undviker att fördubbla i en viss position. Forex-investerare kan till exempel se ut att skapa viss exponering mot högavkastande valutor samtidigt som de behåller långa positioner i en valuta i säker valuta för att skydda mot oväntade chocker på marknaden. På detta sätt kan modern portföljteori tillämpas på andra marknader än aktier och det kan användas för att jämföra volatiliteten i dina kollektiva positioner. Forexhandlare bör titta på sina portföljer som en samling positioner, snarare än ett fordon för att köpa en gemensam valuta i flera par. När du spelar till styrkorna i flera forextyper blir det mycket lättare att utnyttja de positiva som ses varje valutaklass. Åtminstone måste man komma ihåg att sann diversifiering inte kan uppnås med mer än en hel position i en gemensam valuta. Det är emellertid möjligt att ta majoritetsposition i en valuta medan man använder reducerade positionsstorlekar. I det första exemplet som presenteras här skulle en näringsidkare vara mycket säkrare och skyddad mot risker om EUR-positionerna minskades. Detta kan innebära minskade positioner över par som EURUSD, EURGBP och EURAUD. Forexalgoritmisk och kvantitativ handel Vi har sett många nya trender i finansiell handel under det senaste decenniet. En av dem är det faktum att Forex trading blev populär som internet blev mer utbredd. Men med detta har det varit en ökad trend inom datorbaserad handel som möjliggör implementering av automatiserade strategier. För det mesta baseras dessa branscher på förutbestämda tekniska analysstrategier som har testats och visat sig framgångsrika över tiden. Med det sagt, automatiserad handel innebär en viss risknivå och det finns många svarta lådpaket som lovar betydande avkastningar under en kort tidsperiod. Eventuella extrema löften som detta borde vara uppfyllda med åtminstone någon grad av skepsis. Men faktum kvarstår att algoritmisk och kvantitativ handel är en giltig del av valutamarknaden 8212 och det kommer inte att förändras någon gång snart. Här tittar vi på några av de faktorer som bör beaktas innan du placerar algoritmiska affärer som bygger på kvantstrategier. Algoritmiska kvantitativa strategier Definierade Först måste handlare förstå vad som menas med algoritmisk och kvantitativ handel. Specifikt hänvisar dessa termer till fall där valutahandlare initierar positioner som definieras av förutbestämda matematiska formler. Till exempel kan handlar utlösas när priserna stiger över eller under ett visst glidande medelvärde. Faktorer som prismoment, standardavvikelse, historiska medelvärden och trendstyrka tenderar att användas som underlag för de flesta av dessa strategier. När en specifik uppsättning kriterier är uppfyllda placeras affärer 8212 och det kan till och med inkludera tilläggsdelar som placering av stoppförlustorder och vinstförluster. Expertrådgivare För att utlösa dessa affärer automatiskt använder Forex-handlare i allmänhet en expertrådgivare. eller EA. Detta kan göras med hjälp av en Forex trading plattform som möjliggör automatiserad handel. Några av de vanligaste valen här är TradeStation och Metatrader. vilka båda är mycket anpassningsbara plattformar som möjliggör algoritmisk och kvantitativ handel. Så om du är intresserad av att faktiskt använda denna typ av strategi vill du se till att du använder en Forex-mäklare som erbjuder plattformar som dessa eller något liknande. När man letar efter EAs själva är alternativen mycket bredare. För att få lite perspektiv kan din Forex trading plattform betraktas som din dator enhet och de EA som du använder kan ses som en app. Dessa appar kommer att utlösa handlar automatiskt 8212 så länge som dina förutbestämda marknadskriterier är uppfyllda och din handelsstation är öppen och fungerar. EAs kan hittas genom en enkel webbsökning, men vissa källor till dessa är säkert mer ansedda än andra. Det är ofta bättre att använda EA som kan hittas genom Forex trading communities, eftersom dessa kan objektivt testas och granskas. Utan denna extra säkerhet är det ibland svårt att veta om EA har testats exakt och är verkligen kapabel att producera sina påståenden. Två populära källor till EAs finns i Forex Peace Army och Forex Factory. Många av EA: erna som listas på dessa webbplatser är gratis. Fördelar och nackdelar Som vi sagt tidigare är automatiserad valutahandel förknippad med sin egen uppsättning fördelar och nackdelar. På den positiva sidan tillåter algoritmiska och kvantitativa strategier att valutahandlare effektivt övervakar alla aspekter av valutamarknaden 8212 även när de inte aktivt övervakar sin handelsstation. Tänk på det här sättet, du kanske har en mycket framgångsrik strategi, men det skulle vara omöjligt att titta på alla valutapar för fall där dina förutbestämda kriterier är uppfyllda. Datorbaserade strategier har denna förmåga och det här kan låta dig kapitalisera på valutahandlare som du kanske har missat annars. På den negativa sidan kommer du nästan säkert att se instanser där din EA har öppnat en handel som du kanske hade undvikit själv. Tyvärr är datoralgoritmer digitala modeller som är avsedda att förstå en analog värld 8212 och det kommer att finnas fall där din EA-modell öppnar positioner mer aggressivt än vad du kanske har på egen hand. Av dessa skäl är det generellt en bra idé att hålla dina valutapositioner mindre än vad du kan när du handlar manuellt. På det hela taget är det bäst att titta på dina framgångsatser över tiden och sedan stanna hos en given EA om det ger positiva resultat som är konsekventa. Algoritmisk och kvantitativ handel är inte något som borde göras på ett slumpmässigt sätt, eftersom det kunde öppna ditt handelskonto för potentiella förluster. Men om dessa strategier är korrekt undersökta (och noggrant tillbaka testas) kan automatiserade strategier vara ett kraftfullt verktyg för att lägga till din Forex Trading arsenal. Forex Momentum Oscillatorer För att tjäna pengar på Forex marknaden måste du ha någon form av prognoser där priserna kommer troligen att leda i framtiden. Ett av de bästa sätten att göra detta är att göra en bedömning av var majoriteten är marknadens momentum placeras. Det finns många sätt att göra detta, men tekniska analytiker tenderar att ha en kant i dessa områden med hjälp av några bevisade kartverktyg. Två av de mest populära valen finns i Momentum Oscillator och Relative Strength Index (även känd som RSI). Här kommer vi att titta på några av de sätt som valutahandlare använder dessa verktyg och sedan ge några visuella exempel i aktiva valutakartor. Momentum Oscillator När man letar efter att bedöma den dominerande drivkraften som ses på forexmarknaden, är en bra plats att se Momentum Oscillatorn. Detta kartläggningsverktyg gör det möjligt för valutahandlare att mäta förändringshastigheten som ses i slutkursen för varje tidsintervall. Långsamma moment kan vara en utmärkt indikation på att en marknadsutveckling är redo att vända. När omkastningspunkterna är korrekt fastställda, kan valutahandlare köpa lågt och sälja högt innan resten av marknaden har gjort övergången. Kort sagt bör handlare stå sida med den dominerande trenden när Momentum Oscillator indikerar att stärka. Traders bör satsa på trenden när Momentum Oscillator saktar och föreslår att marknaden når en utmattningspunkt. Låt oss titta på ett realtidskarta exempel med hjälp av GBPJPY: Diagramkälla: Metatrader Här visas Momentum Oscillatorn under prisaktiviteten och visas i blått. En stigande linje tyder på att marknadsmomentet bygger. När momentlinjen faller till botten av mätningen lämnar momentum marknaden. I det här exemplet kan vi se att priserna sjunker till deras nedgångar nära 119,20. Priserna börjar då öka och detta åtföljs av en stark trendsignal som skickas av Momentum Oscillator (visas på första pilen). Detta skulle vara i indikation för valutahandlare till sidan med riktningen för den senaste prisrörelsen 8212, som i detta fall är hausse. GBPJPY upplever sedan en massiv rally över 160-märket. I det här fallet kunde en valutahandlare ha sett de tidiga signalerna som skickades av Momentum Oscillator och initierade en lång position i GBPJPY. Om detta var gjort kunde betydande vinster ha realiserats med liten eller ingen drawdown. Relative Strength Index (RSI) Ett annat alternativ för att mäta moment i forexmarknaderna är att använda Relative Strength Index. eller RSI. Detta diagramverktyg jämför senaste vinster och förluster för att avgöra om tjurar eller björnar verkligen kontrollerar marknaden. Därefter ser vi på ett diagram med RSI-exempel med USDJPY: Diagramkälla: Metatrader RSI varierar från 0 till 100. Indikatoravläsningar över 70 mark anses vara överköpta. medan avläsningar under 30 marken anses vara överlämnade. Köpsignaler genereras när indikatorn faller under 30-märket och sedan flyttas över denna tröskel. Sälj signaler genereras när indikatorn stiger över 70-märket och sedan flyttas tillbaka under denna tröskel. I USDJPY-exemplet ovan kan vi se att kraven för bearish-stance är uppfyllda när indikatorn träffar överköpt territorium innan RSI-läsningen börjar bli lägre. Då detta inträffar handlas USDJPY på 85,80. I slutändan faller paret till 80,90 innan de vändas uppåt, vilket innebär att varje näringsidkare som verkar på den momentumsignal som genereras av RSI-säljsignalen kunde ha tagit nästan 500 pips i vinst med mycket liten drawdown. På detta sätt kan RSI vara ett mycket effektivt verktyg för att bedöma om marknadsmomentet sannolikt kommer att vara hausseffektivt eller baisse under timmar, dagar och veckor framåt. Forexhandlare som vill etablera positioner baserade på den underliggande dynamiken som finns på marknaden kan gynna mycket efter att ha hört RSI, eftersom det är ett snabbt och enkelt sätt att bedöma huruvida marknadspriserna har överköpts eller överlåtits. Forex News Trading Forex-handlare som vill basera sina positioner ur grundanalysperspektivet kommer nästan alltid att använda nya utgåvor för att bilda en marknadsställning. Dessa pressmeddelanden kan ta olika former, men den vanligaste (och relevantaste) för valutahandlare är den ekonomiska pressmeddelandet. Dessa rapporter är planerade i god tid och är generellt förenade med marknadsförväntningar som härrör från analytiska undersökningar. Ekonomiska datakalendar kan hittas enkelt i en webbsökning, ett bra exempel kan hittas här. I vissa fall är dessa förväntningar korrekta. I andra fall är de inte det. Så det är viktigt för valutahandlare att övervaka utvecklingen på dessa områden, eftersom det finns många handelsmöjligheter som kan hittas när viktiga pressmeddelanden publiceras. Ett av de bästa sätten att närma sig denna strategi är att leta efter betydande skillnader mellan de ursprungliga förväntningarna och slutresultatet. När marknaden reagerar på den nya informationen ses volatilitetsspikes och de stora prisförändringarna kan vara ganska lönsamma om de fångas i tidiga skeden. Bedömning av data Viktighet Naturligtvis är inte alla ekonomiska utgåvor förknippade med samma nivå. Rapporter som kvartalsvis BNP, inflation, arbetslöshet och tillverkning tenderar att komma upp mot toppen av listan. Men det kommer att finnas fall där andra, mindre ekonomiska rapporter är mer relevanta för ett visst scenario. Av denna anledning är det viktigt att undvika att falla i en strikt rutin när man bedömer vilka dataregister som är sannolikt viktiga och vilka inte är. Ett av de bästa sätten att bedöma om en viss rapport kommer att väsentligt flytta marknaden är att helt enkelt se vilka kommande rapporter som får mest uppmärksamhet i de finansiella medierna. Dessa rapporter tenderar att generera rubriker när resultaten slutligen offentliggörs, och finansiella nyhetsrubriker kommer ofta att diktera vilken trend som dominerar på vilken handelsdag som helst. Realtidsdiagram Exempel Låt oss titta på ett realtidskartexempel i USDJPY. I detta fall väntade marknaderna ivrigt på kvartalsvisa BNP-siffror från USA. Forexanalytiker väntade en nedgång på -0,5 för perioden. och denna negativa förväntan sände USD lägre över hela linjen. Dessa trender tvingade USDJPY att sänka sig nära 92,70 strax före datafrisättningen. Diagramkälla: Metatrader Men om rapporten faktiskt blev offentliggjort blev det snabbt klart att konsensusberäkningen var inkorrekt 8212 och den amerikanska kvartalsvisa BNP steg med en hastighet av 1. I diagrammet ovan kan vi se att marknadsreaktionen var ganska uttalad och öppet bullish för USD. Priserna gick i slutändan över 99,50, vilket till stor del drivits av de föränderliga förväntningarna på marknaden för den övergripande utsikterna i USD. Varje näringsidkare som aktivt tittat på nyhetsdragen under denna utgåva kunde ha hoppat in på denna rally i de tidiga stadierna och fångade massiva vinster med liten eller ingen drawdown. Scenarier så här händer hela tiden. Verkligheten är att det är ganska svårt för forexanalytiker att exakt förutse resultaten av ekonomidata i alla fall. Makroekonomiska data påverkas av ett otaligt antal faktorer (både nationellt och globalt), så det är i princip inte möjligt för prognosmakare att bygga matematiska modeller som kan göra exakta prognoser varje gång. Men det är viktigt att komma ihåg att dessa skillnader mellan förväntan och verkligheten är de fall som skapar den största möjligheten i valutamarknaden. I stort sett skapar stora överraskningar stora prisdragningar. Och dessa prisdragningar kan översättas till stora vinster om de fångas i tidiga skeden. Minimizing Risk A final point to note is that news driven market events tend to create extreme volatility in forex prices. This increase potential reward also carries with it the increased potential for risk, so it is absolutely essential for forex traders to make sure that any established position is placed using a protective stop loss. In most cases, news data tends to force prices on one direction with very little to be seen in corrective retracements. But this will only work for positions that are taken in the direction of the data (ie. bullish positions for positive data, bearish positions for negative data). It can be difficult to place news positions quickly in some cases, so all orders must be placed to a good deal of care and attention. News trading can be quite profitable when done correctly 8212 but a certain level of caution is warranted, as well. Forex Technical Indicators Technical analysis is a popular method used in the forex markets, as it allows traders to view price activity in objective ways. This is helpful because it allows traders to spot not positioning opportunities before big price moves start to take shape. It can be argued that technical analysis is even more popular in forex than it is in areas like stocks or commodities. So, for those looking to tackle the currency markets and achieve long-term profitability, it makes sense to have a solid understanding of the terms and strategies that are commonly used. Since chart analysis has such an important impact on forex trading, it is not surprising that we see some technical indicators used that are less commonly known in other markets. Indicators like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) have their place in forex trading just as they do in stocks, commodities, and futures. But alternative indicators like Stochastics and Bollinger Bands are two examples of charting tools that might be less commonly known in the other financial markets. Here, we will look at ways trades can be placed when using these technical indicators. Bollinger Bands Bollinger Bands were developed by a famous chart technician named John Bollinger. They are designed to literally envelope price action and give traders an idea of how far valuations might move if market volatility starts to increase. Lets take a look at a real-time example using the AUDUSD: Chart Source: Metatrader In the example above, we can see that Bollinger Bands are composed of three different lines that move in tandem with price activity. The upper band can be thought of as a resistance line . the lower band can be thought of as a support line . These two lines are then plotted along with a 21-period moving average . which is generally near the middle of the underlying price action. The upper and lower bands are placed two standard deviations away from price activity. These bands will tighten as market volatility declines, and then widen as market volatility increases. In terms of buying and selling signals, there are a few different points to note. First is that Bollinger Bands can be great in predicting future volatility. Again, we look at price activity in the AUDUSD : Chart Source: Metatrader In the chart above we can see that the Bollinger Bands constrict. This indicates a period of indecision in the market as fewer traders are activity buying and selling. But conditions like this can only last for so long. It might be that the majority of the market is waiting for an important economic release, and once that data is made public volatility should start to increase in a relatively predictable direction. Essentially, tight Bollinger Band readings suggest that the market is getting ready to make a big move (although the direction of that move is not yet apparent). Wide Bollinger Bands suggest the reverse, as excessive volatility will probably start to settle. Next, we look at ways the Bollinger Band indicator sends buy and sell signals to the market. Again, we look at the AUDUSD: Chart Source: Metatrader In this chart example, we can see the various says that Bollinger Bands send buy and sell signals to the market. Since the upper and lower bands should be thought of as dynamic support and resistance levels . the currency should be bought when prices fall to the lower band and sold when prices rise to the upper band . This is true because any time prices have reached the outer band, it shows that prices have now moved two standard deviations away from their historical average. Prices can only exist in these areas 5 of the time, so when prices are seen in these areas a reversal should be expected. For this reason, the currency pair should be sold when it rises to the upper band, and bought when it falls to the lower band. Stochastics Another technical indicator that is largely unique to common use in the forex market is the Stochastics indicator. This technical tool is useful in determining when prices have become cheap relative to the historical averages (oversold) or too expensive relative to the historical averages (oversold). Where Bollinger BAnds are plotted with price activity, the Stochastics indicator is plotted separate from the price action (below). Lets take a look at a chart example using the GBPUSD: Chart Source: Metatrader As you can see, the Stochastics indicator is plotted on a graph from 0 to 100. Readings above the 80 mark qualify as overbought, while readings below the 20 mark suggest the currency pair is oversold . Overbought readings suggest that traders should consider selling the currency pair, oversold readings indicate traders should consider buying the currency pair. Next, lets look at some sell signals that were sent in this chart: Chart Source: Metatrader In this chart, we can see a clear downtrend. But if we look at the activity in the Stochastics readings, sell signals were sent early on. When we look at the oversold readings that start near the halfway point, we can see slowing momentum in the levels that were hit by the indicator. This weakening momentum (ie. the indicator is no longer able to reach the same highs) should have signals that forex traders could start to sell the currency pair, prior to the massive downtrend that followed. Trade Management and Trailing Stop Losses One of the biggest mistakes made by new traders comes from the belief that once you initiate a trade, the process and your work as a trader is over. Unfortunately, nothing could be further from the truth. And if you fail to actively manage your trades once they are placed, you will almost certainly encounter unnecessary losses. The forex market is always moving and evolving, and in many cases the environment can change significantly after your trade is placed. For these reasons, there will be instances where traders will need to adjust their stop loss levels and profit targets. Here, we look at some methods to manage your trades from a protective standpoint in adjusting your stop losses after the initial trade is executed. Active Stop Management On the positive side, if you are ready to adjust your stop loss it probably means that your position is gaining (in the money). If the market was moving against you, your stop loss likely would have been hit on its own. Many traders will look at trade management from a pip standpoint. For example, a trader might start to adjust the stop once the trade is positive by 50 pips. One strategy in a situation like this is to take profits on half the position . and then moving the stop loss to the break even point (the price level at which the trade was opened). This method effectively allows traders to capture some profits while removing any potential for further risk. If the stop loss is hit later, no losses will be seen. There are other methods that follow the same general logic but do not rely on pip values. For example, a trader might instead look at percentages as a way of determining when a stop loss should be moved. If the trade has made gains of 1-2 it would generally be a good idea to start taking risk off of the table and moving your stop losses to the break even point. In any case, there is nothing wrong with taking profits on at least some portion of your trade. As the old forex markets maxim goes, nobody ever went broke taking trading gains. Parabolic Stop and Reverse (SAR) An alternative approach require more aptitude in technical analysis. Here, we will introduce a less commonly used chart indicator called the Parabolic Stop and Reverse, or Parabolic SAR. The Parabolic SAR indicator is much easier to understand through visuals, so lets take look at the indicator at work using the EURUSD: Chart Source: Metatrader Visually, the Parabolic SAR looks like no other indicator and it might even be a bit difficult to see on the chart. But here we can see purple dots that follow price action and send buying and selling signals in the process. Specifically, buy signals are sent when prices are above the plotted indicator reading. Sell signals are sent when prices are below the indicator reading. But these signals can also be used in positions that have already been established. For example, forex traders that are in active long positions might want to consider exiting those positions when sell signals are sent. Conversely, those in active short positions might want to consider reversing that stance if the indicator issues a buy signal. This is why the indicator is named the stop and reverse. Lets look at this chart again with the buy and sell signals identified: Chart Source: Metatrader Here, we can see how it looks when the Parabolic SAR sends its buy and sell signals. Lets pay special attention to the first two signals. The first downward arrow signals an opportunity to sell the EURUSD currency pair. Assume that this short position was taken and held until a buy signal was sent at the second upward arrow. Here, a forex trader could have capitalized on a price move of roughly 600 pips before there was any indication that the position should be closed. If we look at the differences between the second and third signals (a buy signal and a sell signal, respectively), an even larger move is seen. With this in mind, it should be understood that the Parabolic SAR is a very powerful tool in terms of the ways it can allow traders to actively manage their positions once established. Forex Breakouts A large percentage of forex traders focus on technical analysis and use it as a basis for establishing new positions. To some extent, this makes a good deal of sense because analyzing the currency markets is a much broader task than analyzing the earnings outlook for a single company. Many more factors influence the economic prospects for an entire nation, so one solution for dealing with this is to pay more attention to price charts and using that information to establish forex trades. There are many sub-strategies that forex traders use when attacking these markets, but one of the most common is the breakout strategy . In this case, forex traders look for chart signals which suggest that currency prices are on the verge of a big move (in either the upward or downward direction). Here, we will look at some of the elements that go into spotting breakouts as well as some of the trade management rules that are typically associated with this type of trading. The End of a Sideways Market In order for a breakout to occur, we must first have a sideways, or consolidating, trading environment. Those familiar with some of the basics of technical analysis will understand the trading range 8212 which is where prices bounce back and forth between support and resistance levels with no dominant trend in place. Below is an example of a sideways market with range trading characteristics present: Chart Source: Metatrader The above chart shows sideways trading activity in the EURGBP . which is a currency pair that is often caught in trading ranges. Prices bounce back and forth from the support zone to the resistance zone and no dominant trend is present. Trading ranges cannot last forever, however, and once this trading range breaks down, there are increased for breakouts as the market adjusts to the new directional momentum. Breakouts Signal New Trend Beginning When one of these support or resistance levels is breached, forex traders start to position for the beginning of a new trend. The logic here is that market energy was building as price activity was constricting. Once these consolidative ranges break, the momentum that follows is often very forceful. When forex traders are able to spot these events in the early stages, significant profits can be captured when new positions are established in the direction of the breakout. Lets take a look at a downside breakout in the EURGBP: Chart Source: Metatrader In the chart above, we can see an example of a bearish breakout where prices are trading mostly sideways against a clearly defined level of support. In forex, breakout traders would be looking for an opportunity for new trades as the level of support finally breaks. This event occurs at the downside arrow, which comes in near the 0.9150 mark. Short trades could have been taken here, and roughly 350 pips could have been captured as the GBP strengthened and prices soon fell below 0.8800. Next, lets assess a bullish example using the USDJPY : Chart Source: Metatrader In the chart above, we can see an example of a bullish breakout where prices are trading sideways against a clearly defined level of resistance. Here, breakout traders would be looking for an opportunity for long trades as the level of resistance finally breaks. This event occurs at the upside arrow, which comes in near the 81.80 mark. Long trades could have been taken here, and roughly 200 pips could have been captured as the USD strengthened and prices later rose to the 83.80 region. An added factor that can be seen in this example is the fact that prices pushed through the critical resistance zone, made a small rally 8212 and then dropped back slightly to retest the area of the breakout. Basic technical analysis rules tell us that once a level of resistance is broken, it then becomes a level of strong support. (Just as a broken level of support will then become a level of strong resistance). In this USDJPY example, we can see that after the initial bullish breakout prices dropped to test the 81.80 breakout zone. This is shown at the red candle near the sideways arrow. The long bottom wick on this candle shows that prices bounced forcefully out of this area 8212 strong indication that the breakout is valid and that 81.80 will now be viewed as support for the uptrend that follows. Commodities Intermediate Forex AdvancedForex Trading South Africa by safx Jan 17, 2016 Articles 4 Comments A list of the best forex trading companies in South Africa. Before we list them we have to list the different categories: Best Forex Trading Course in South Africa Best forex trainer in South Africa Best forex trader in South Africa Best forex broker in South Africa Best forex platform in South Africa Best forex Software in South Africa Best forex robot The best forex trading trading course in South Africa As I offer a forex course I would be very biased in this category and therefore I will simply list the forex courses that I am aware of that you can do in South Africa SAFX 8211 This is our course and includes everything you need. Market Trader 8211 Market Trader provides a course in Forex and Shares Global Forex Institute 8211 I have not done this course, you can attend a free seminar to find out more. Learn to Trade 8211 Greg Seckers Courses (formerly Knowledge to Action) Forex Coach 8211 Riaan is a great guy and gives a good course. Forex Training 8211 I have not done this course but they have been around for a while (Midrand) These are the forex courses I can think of off the top of my head. Google to find mor but beware of the posers, ask them for performance history and check reviews on the net before going ahead. The best forex trainer in South Africa You may find this category very close to the previous one but they are in actual fact two very different things. As online trading is very much like a sport where you need training it is very important to do a course with a good trainer. As I am a trainer myself I have not done training from any of the above mentioned companies. Then why did I mention this category It is simple. Ask your trainer to give you a call. You will immediately know whether or not there is synergy between you and your trainer. Ask them some questions regarding the content and trading process. You can do this with all the trainers and pick the one you like best. Best forex trader in South Africa Again I will be biased as I have not seen anyone else with the same consistent results as me. I will admit that there are probably much better traders than me around but I have yet to meet them. If you do get trading history from a trader training company ask if they would mind to have the results verified by an auditor. If they say no, with whatever excuse, you know that their results are fake. Best forex broker in South Africa When it comes to forex brokers it is difficult to say as they all have different offerings. If you want to play it safe when choosing your broker than choose from one of the two biggest brokers in the world which are both present in South Africa. Saxo Markets and IG Markets are both huge international brokerages. Find out more about these to see which suites you best. Best forex trading platform in South Africa This depends on your requirements. My favourite is MetaTrader 4 as I have become very accustomed to it. There are however a host of platforms. Look at different brokers to see what trading platforms they offer. For those who do not know a trading platform is the software you use to execute buy and sell orders from your PC or Mobile device. The best forex trading software in South Africa When I say trading software I mean software that helps you decide what to buy and sell and when to buy and sell. There are many providers that claim to have their own software but often tho is just a feed from somewhere else. At SAFX we provide you with the best proprietary software in SA. Easy-to-use and unbelievably accurate. There you have the information, we hope this helped if you want more information on any of the topics discussed feel free to contact us at any time. Metatrader 4, also known as MT4, is a trading platform mostly used to trade CFDs. CFDs include forex, shares, metals indices and many more trading instruments. A trading platform is an application that you use to execute your trading transactions ie it is where you buy and sell. The Metatrader 4 platform is the most popular trading platform in the world and is found in most countries. It is superior to most other platforms because of usability, scalability and the ability to integrate easily with other software. Here is a list of reasons why Metatrader 4 is the most popular platform. Ease of use Charting Capability Indicators Custom Code Low memory consumption Mobile Friendly Automated Statements investor Access Multiple Instances Ease of use Metatrader 4 The Metatrader 4 does not need a lot of training for you to understand. Although there is a comprehensive set of tools it is very easy to trade by using just a few buttons. The interface seems overwhelming when you start out but it becomes very familiar very quickly. The whole platform is setup in a very logical way and its ease of use becomes apparent when you have practiced for a few days. Charting capability of Metatrader 4 There are not many, if any, platform that exceed the charting capabilities of the Metatrader 4 platform. The platform comes with a host of preloaded tools which forms the basis of the trading experience. The trading tools found on metatrader 4 include chart drawing tools, different fibonacci applications, indicators both traditional and custom. The charts can be personalised by choosing the different colours of every element on the graph. You have 3 types of graphs by default, line graph, and candle stick graph. You can get custom graphs such as renko form 3rd party providers. There are set timeframes from 1 minute to 1 Month but this can also be modified by use of 3rd Party Products. It really is too much to mention in one article. Request a list of brokers from email160protected to open a demo account and see for yourself. An indicator is a visual representation of a mathematical formula. An Indicator is displayed either on the trading chart itself or at the bottom of the chart. You get thousands of different types of indicators, some more effective than others. There are 2 groups of indicators. Traditional indicators and custom indicators. Traditional indicators come preloaded on the MT4 platform. These include indicators such as MACD, Stochastic, RSI, Moving Averages and many more. Custom indicators are indicators that have been created by coders using unique or custom formulae. These indicators come in very handy when you are analysing charts and market cycles. Good indicators are often used independently to make trade decisions and many traders are totally reliant on the indicators for their success. At SAFX we code our own highly effective indicators. The Metatrader 4 comes with a very user friendly coding platform which allows people with coding knowledge to build different kinds of software. This makes the MT4 platform easy to integrate with other software. There are thousands of coders that specialise in coding in the MT4 coding language called MQL (Meta Quotes Language). You can code simple indicators to highly complex trading robots that take decisions for you and trade on your behalf. If you can think it you can code it in MQL and that is one of the main reasons why metatrader4 is so popular. Low PC Memory Usage The Metatrader 4 as with its default settings and state does not take a lot of PC memory. It download and installs quickly and also opens and runs quickly once installed. As mentioned in the previous section there are complex robots that can be built on this platform and if you run these complex codes it does affect the speed of the metatrader 4 platform. Mostly however it runs easily and smoothly. Metatrder 4 is mobile friendly. There are MT4 apps for most mobile devices that allow you to use the core functionalities of the MT4 platform on your mobile device. This makes it easy to trade while travelling and and also to check your trades on the move. You can use standard indicators and other trading tools but unfortunately this does not allow custom indicators for now. The MT4 platform sends you daily statement if there is activity on your account and monthly statements. You can easily view your trade history and go through your trade performance trade by trade. The statements can also be used as trade logs to see where you are making mistakes and to assess whether there are pattern that are either beneficial or hinder your trading. Investor accounts on the Meta Trader 4 platform allows an investor to login to the trading platform in a sort of view-only mode. The investor can look at all trades and orders and progress on their account but they cannot open or close trades or orders. It makes it great for transparency without risk. You can have many different instances open on the same device and across different trading devices. This allows you to trade different strategies and accounts from the same device. You can have a currency account, an indices account and shares account and trade them all at the same time. The Metatrader 4 is a great platform. Download a demo version today and go through the functions for yourself. Free courses often dont have the same quality as paid for courses as is the case with most products. In forex trading you will often find that free courses are watered down versions of professional courses. There is one stand out free forex course on a website called Babypips. Babypips has an excellent free forex trading course which you can access through this link. babypipsschool. The content is better and easier to understand than most commercial currency trading courses and covers everything you need to know. The course is well setup in terms of structure where a general education structure is used from kindergarden to university. Complete the modules in order for the best results. The one thing thing that Babypips does not offer is 1-on-1 training which I believe is vital to trading success. What I would suggest you do is complete the free babybips course and see if you think online trading is for you. If you want to go further have a look at the SAFX products and services on safx. co. za. It is really important to get professional 1-on-1 lessons before you start trading live as forex trading is much like playing a sport. You can read up on rules and strategies but need a coach to show you how to execute what you have learned in a practical way. You can have a look at our complete course options. Trading takes a bit of time to learn but the most important part is practice which takes a lot of self-discipline. There are a few steps you need to start with trading forex. Find a good forex broker that is local. Open a demo trading account. Familiarise yourself with the brokers trading platform. Get education to understand the forex trading concept. Get a professional trading coach with professional trading software. Practice until profitable If you follow these steps and combine it with a proper forex trainer you will be trading profitably in no time. The trick as mentioned earlier is to get education with proper 1-on-1 coaching. Without 1-on-1 coaching you will not be successful I can guarantee it. As with all products you get some that are good, some that are bad, some that are average and very few that are great. With forex trading this could have a huge financial bearing. If you want to do a forex trading course in Johannesburg do not settle for mediocre, do the course that will pay for itself over time. Forex trading is not difficult to learn just like soccer is not difficult to learn, the steps and rules are easy but you need a good coach to make you successful. What should you look at when considering a forex trading course Is the person who compiled the course a successful trader Does the company providing the course have a certified track record of performance Do you really get 1-on-1 training or do you just get emailed links to videos Does the company code their own proprietary software Will you get webinars and live trading sessions Does the company offer testimonials to prove the effectiveness of the product Has the company been in business for longer than 5 years If the answer to any of these questions was no then steer clear. Number 2 on the list is probably the most important. You should only take currency trading lessons from a successful professional trader. The only way to really be sure is to request audited trading results for at least 12 months. At SAFX we can very confidently answer yes to all the questions above. Not only are we the best course provider in the market but we also offer our courses at very reasonable rates. If you are looking for the best forex trading course in Johannesburg you have come to the right place. Here is what we cover in our forex trading course. Module 1 8211 An overview of the forex trading market. Module 2 8211 Forex trading in South Africa with emphasis on Johannesburg. Module 3 8211 Selecting the correct forex trading broker. Module 4 8211 Opening and examining live and demo accounts. Module 5 8211 Selecting your instruments. Module 6 8211 Opening your first trade. Module 7 8211 Setting a stoploss and take profit. Module 8 8211 SAFX Trading System Software Module 9 8211 Putting it all together. Module 10 8211 Your first live trade. Once you have completed these training modules you will have access to our live online trading room where you can watch us do trades and see all the trades we have open. We also have weekly webinars to go through our trading strategies and some advanced forex trading course material. Well that is a really difficult question to answer but I will try to give you some idea of what to expect. As more and more make you rich quick schemes hit the market the perception of trading shares becomes warped. Although most people know these products to be scams they still remember the figures they were given and somehow store this information as fact. The difficulty comes in when you try to prove that trading shares is not as profitable as some people think it is because there are many examples of companies that have grown 10,000 and when this happens there is proof that you can become a millionaire overnight when trading. The reality however is that the chance you will correctly pick one of those shares or get the timing right is highly improbable. Does this sound familiar It should. At a casino many people become millionaires, most dont. So you really should not base your belief on a stock exchange on the best possible scenario, neither should you base it on the worst possible scenario although you should be aware of what the worst possible scenario is. So what is an average return from the stock exchange and how can it be determined The best indicator to look at is indices within the stock exchange. In South Africa the best index to look at will be the JSE Top 40 Index. This shows the performance of the top 40 companies listed on the JSE. Many asset managers and fund managers use the JSE top 40 as their main investment instrument. This includes the major banks in South Africa. The growth of the top 40 over the last five years is shown in the table below: As you can see, there is quite a change year on year and although all the results are positive they still fluctuate quite substantially. So if you would like to work out what a compounded investment would have made over the last five years simply do the following: Initial deposit x X x X x X Total Value of the Investment The Profit Total Value of Investment 8211 Initial Deposit. Using an initial deposit of R20,000.00 would have totalled a profit of X over the last five years. It is very important to note that this is what would have happened had you invested 5 years ago. There is no guarantee that this trend will continue as there is no guarantee that the Top 40 will carry on growing. We can look at past performance as an indicator but it is a rough guide to what is possible and by no means an accurate prediction tool. As with all investment there is always risk involved and it is your responsibility to fully understand the risks and also be aware of the worst case scenario should everything go against you. It is wise to start trading shares with money that you can afford to lose, therefore protecting yourself from financial ruin if there is a company crash. In conclusion, if you invested in the top 40 JSE companies over the last 5 years you would have made X on your investment had you not sold any of your shares over the last 5 years. What can you expect going forward I am not brave enough to take a guess but it is always a good idea to look at indices before you look at individual stocks because your risk is spread over a large portfolio. This is a question I get more often than I should and the answer, if you want a yesno answer is no it is not a scam. The reality is however that there are a lot of scams associated with and connected to forex trading. Why is forex trading such a target for scams It is basically because of its accessibility. Anyone with a computer, internet and a trading account can have access to the forex market. A lot of people use impressive looking graphs and figures to lure people into giving away their hard earned cash to get a piece of the market. If for is so synonymous with scams is it a wise idea to trade it Well luckily there are ways to avoid being scammed in forex trading. Never pay your money into an individuals account. If you want to start trading you will open your own account with a forex brokerage. You will pay money into this account ONLY. You are the only person that should be allowed access to this account. Make sure the forex brokerage you use is FSB regulated. 2. Do not purchase software without a certified track record. If trading software truly works you will be able to get a certified track record from the software provider. Make sure the track record is certified by a large auditing company such as KPMG of Price Waterhouse Coopers or something similar. If the software provider cannot provide this stay away. 3. If it seems to good to be true it DEFINITELY is. If someone has found the secret to trading which can meek you a billionaire why would they share it with you Are they a billionaire Trading can be very profitable but if it was that easy to become a millionaire why is anyone still working for a salary Do not believe people when they promises you the stars and the moon. Forex trading should be seen as a business. Yes you can become successful but you will not become a millionaire over night. 4. Make sure your provider has a FSB license. Although this is not a requirement for software or education providers, you can be sure if you do use FSB regulated entities you will be covered up to a certain extent. It is important for the provider to have some affiliation to a regulating or regulated body. If they do not it means they could be anyone from the street. 5. Make sure they have a physical office and visit it if you can. This is one of the best ways to spot a scam. If the company selling you a product does not have an office it means they have not been in the market for long. If you can go to their office do so as it will tell you a lot about the size of the company as well as the value of the product. If you use these 5 simple steps you will be able to separate the scams from the good products. Always do a bit of research before jumping into something. So in conclusion, no forex is not a scam, it is however your responsibility to avoid scams associated with forex trading. Starting in a field you have very knowledge of can be very daunting especially if it means that you could lose considerable amounts of money. Of course you could also make a considerable amount of money but you need to know how. Trading forex in South Africa is unique as there are different laws that we have to abide to than the rest of the world. Forex or currency trading has its benefits as well as a few cons which should be considered before delving in. Lets have a look at this in the form of lists: You can lose your total investment. There is a lot to learn before you can start trading online. You need an internet connection. The forex market is very volatile. There are many scams surrounding the forex market. You have to find a good regulated broker. You can lose your total investment when trading forex. As the most popular way to trade forex is through trading CFDs (Contracts for Difference) it involves using leverage to trade. Leverage allows you to trade considerably more amounts than your initial deposit and although this might sound great and can be used to your advantage it also greatly increases your risk. Using leverage incorrectly could cause you to lose your entire investment in a matter of seconds. There is a lot to learn before you start trading. Although most providers claim that you can learn how to trade currencies within a very short period of time, you can really only start trading properly after learning and acquiring quite a large range of skills. Learning not only includes literature but also, and probably more important, a lot of practice time. Most people are not aware that they have to practice for at the very least 3 months before you start trading live. You need an internet connection for online trading. As the name suggests it is an online activity. You need a good internet connection to be able to trade effectively as this affects your slippage (transaction speed). If you are offline you cannot open or close trades and therefore if you have a bad connection this could really negatively influence your trading. The forex market is volatile. The forex market is not really volatile when trading on 1:1, but as almost everyone trades forex at a leverage of greater than 1:50 it changes the market into the most volatile tradeable market. Currencies fluctuate mostly because of news and economic events that have influence on the country or countries to which the currency is connected. As there is so much news and economic activity the currency market is an every changing animal with ebbs and flows that are as unpredictable as the sea. There are a lot of scams in the forex market. Currency or forex trading is extremely accessible as you only need an internet connection and a small investment to start trading. This has made the forex market a target for scams and scam artists. For a seasoned trader it is very easy to pick up which products are scams and which are not but as in most cases in life if it sounds to good to be true it most probable is. You have to find a good forex broker that is regulated in South Africa Probably the most important first step to trading is finding a good broker that is regulated in South Africa. Again, as in the previous section, it is easy to do if you know what to look for but if you are new to the market it could be difficult to decide which broker to chose. SAFX will help you with a list of the best forex brokers in South Africa. Let us now look at the Pros list for online trading: You can trade a large amount with a small investment. It is very easy to start. There is great software available. It is the biggest market in the World Commissions in forex are very small. You can manage your risk. You can trade from anywhere in the world. The forex market is the most liquid market in the world. How much do you need to trade forex This depends on the broker you use but in most cases it is R5000 or even less. The even bigger advantage is that most brokers give you a demo or dummy account to practice using their platform software without risking your own money. This gives you a great opportunity without you having to risk 1 cent of your money. So in summary you do not need a cent to start practicing and a small amount to start trading. It is very easy to start. As we mentioned earlier there is a higher learning curve than most people think, it is however by no means difficult to get going. What you need is an internet connection, a trading device in the form of either a PC, tablet or smartphone, a trading platform, this is the software that allows you to execute trades, and a strategy or system. There are many strategies and systems, have a look on the safx. co. za website for more information on trading strategies and trading systems. There is great software available. A few years ago you basically had to be a mathematician to take advantage of technical indicators and other trading tools as you had to work out values with complex formulae. Nowadays you are able to take advantage of tools and software that have made the process of decision-making in online trading much easier. At SAFX we have developed a number of trading tools and software that will aid you in your decision making process. It is very important to watch out for scams when it comes to software as there are many products out there that just do not do what they promise. For peace of mind have a look at our products or let us assist you to determine whether or not a product is suitable or not. Forex is the biggest market in the world. There are a huge amount of currencies and currency combinations, or what most people refer to as currency pairs, that you can trade. The forex market has an estimated daily trading volume of roughly 5 Trillion Dollars. Yes that does mean that 5 Trillion is moved in the forex market everyday. How much commission do you pay to trade forex Well to be quite frank this depends on your broker but mostly the commissions payable i forex is in the form of a spread. A spread just means that if a dollar is worth R14 the broker will sell it to you at R14.03 and the R0.03 would be the commission. It depends on the currencies that are traded. Your most traded currencies are the cheapest. In most cases the EURUSD pair would be the cheapest and a good indication whether the broker is competitive or not. You can manage your risk. As we said earlier forex trading can be risky and you can lose your entire investment. It is very important to note however that you can take full control of your risk and how much you are comfortable with. You determine your risk on every trade and you can trade forex very safely if you have a good risk management system in place. You can trade currencies from anywhere in the world. As you only need a trading device with an internet connection and a forex trading account you can trade from anywhere in the world. You do not have to be stuck in an office. You can literally trade forex while travelling the world. You obviously would have to learn to do so properly beforehand but it is a real possibility. Have a look at our trading education packages at safx. co. za What is liquidity in trading The forex market is the most liquid market in the world, this simply means when you are ready to buy you can do so at the click of a button and when you are ready to sell you can also do so at the click of a button. When trading shares you need shares available to buy and when you want to sell there has to be a willing buyer on the other side. In forex this is not the case. You buy when you want and sell when you want. We hope that was helpful information for forex trading South Africa . The simple answer is yes. It is however important not to look at the simple answer but to look at the probabilities and reasons why some people make money from trading forex and others dont. Most studies claim that 95 of people fail when trading forex, this surprises me as I have worked in the industry for a long time and I have found the figure to be closer to 99. This figure is extremely important as it puts an emphasis on the scale of skill required to be a successful trader. Most trading products are sold as easy to use and no experienced required. The harsh reality is that most of these trading tools and software is the reason that the figure above is so high. Lets use a simple example to illustrate. You have never made a fire before and prior to your first time of making fire you seek instructions to do so. You find instructions online by paying 99 and you are sent a how to make a great fire pdf to your email. The PDF instructs you to do the following. Get yourself a box of matches. You have a fire. The flaws in this method are obvious, if you do not see them let me point them out. How do you know that the person that has written the PDF actually knows how to make a fire The instructions are vague. e. g what matches and what type of wood should you use It is a potentially dangerous situation and yet no safety advice or the potential of disaster is mentioned. All this applies to forex trading products. They are usually sold by people who cannot trade. The instructions are vague so that it can be defended when you make a loss. The potential of losing your capital is either understated or not mentioned at all. As with fire, forex trading is a very powerful thing when used correctly. You can make a lot money trading forex when you trade correctly. When it is used incorrectly you will lose all your money. Most people reading this article will fail. The reason is most often greed. Start slowly and take the least amount risk possible and work your way up. If you do not go about it this way then the answer is simple. No you cannot make money from forex trading. So how do you make sure you will not fall victim to poor products and bad trading habits That answer is really simple, use only trading products from SAFX, South Africas ONLY proper forex trading software and tools. At SAFX, Forex Trading South Africa . we have been trading forex for over 10 years now and there is probably no one more experiences in this field in South Africa. We have learned the hard way, through trial and error, and we have come up with some of the best forex trading software and systems available in the world today. We teach traders to trade for themselves and we have been doing so for the last 5 years. We are not your flashy over-the-top forex training company, we teach you what works and let our software speak for itself. Steps to learning forex trading : Open a Demo Account with a FSB Regulated Broker Learn how to use your trading platform properly. Learn how to buy and sell forex. Learn how to use a Stop Loss and Take Profit Learn money management. Get trading software. Trade and withdraw profits regularly. Open a Demo Account with a South African Forex Broker This seems easy enough and it is. There is one catch, make sure the broker is registered with the Financial Services Board of South Africa (FSB). A demo account is 100 free, make sure that you are not charged for opening a demo trading account. A demo account is a dummy account, this allows you to trade with all the same tools and pricing but with dummy money. It is very important to start making profit on a demo account before you attempt to trade on a real account with real money. Learn how to use your trading platform properly. At SAFX we stick to the MT4 platform as we know it inside-out. A trading platform is the application that you use to buy and sell forex over the internet. It is extremely important that you understand the functions of your platform prior to trading live. At SAFX we provide 1-on-1 training on the MT4 platform and our proprietary software. If you do not have the money to purchase our product or if you do not qualify for our financing there are tons of resources online. These are sometimes scattered and confusing but you should be able to get the basics by looking around. Learn how to buy and sell forex. This is simply a function of the trading platform. It is very important that you can do this quickly and correctly and it needs you to practice a lot. It might seem very simple but remember that at some point you will be faced with a high pressure situation that would require speed and accuracy. The only way to make sure you are ready for this is to buy and sell as many times as possible till you can almost do it in your sleep. Learn how to set a Stop Loss and Take Profit A stop loss or SL allows you to limit the loss you are willing to take on a single trade. A take profit or TP is the profit target. Both these levels can be and should be set for every trade. When a trade reaches either of these levels it closes automatically in either a profit or loss. As in the previous section, it is very important to set these levels quickly and accurately and therefore takes a lot of practice before you get them absolutely perfect. Learn Money Management Money management is probably THE most important aspect of trading. Money management is where you determine the amount that is risked on every trade. If you use proper money management you will be successful, if you do not use proper money management you will fail, it is as simple as that. Money management is the combination of Stoploss, Take Profit and Lot Size. This is a very in-depth topic which we cover fully in our training programme. You are welcome to google more on money management to see its importance in trading forex. Get Trading Software There is a lot of trading software out there. They all promise riches and they all promise success. 99.9 of the trading software out there is useless and will lose you all your money. If you do not believe us you are welcome to try them but I guarantee you will lose all your money within 2 weeks. SAFX is the ONLY South African provider of tested and proven forex trading software, it is as simple as that. buy software elsewhere and lose all your money. Enough said. Once you have learned how to properly use your trading software on your demo account it is time to step up and open and fund a live account. Always start with a small amount that you are prepared to lose. Trade for one month and withdraw the entire amount. This sounds like a strange thing to do but it works. Now redeposit the original amount into your account and do the same process over and over and over. So you want to learn how to trade shares but you are not sure where to start First of all you need to decide which share you want to trade. You get such a large number of stock exchanges that you will need to narrow down what exactly it is you want to trade. If you want to trade local south african shares you would be looking at the JSE. Johannesburg Stock Exchange. If however you feel that the rand will carry on weakening then it would be wiser to trade another stock exchange such as the New York Stock Exchange or the Australian Stock Exchange. Let us say that you would like to trade the New York Stock Exchange, where would you begin If you take into account that you probably do not know too many of the companies listed on the NYSE it would be wise to trade the whole stock exchange as an index. Trading an index allows you to take part in a stock exchange without having to do research on each company that you trade. Two well known indices (indexes) are the SampP 500 which is the top 500 companies by Standard and Poors and the JSE Top 40 which is the Top 40 companies on the Johannesburg stock exchange. You can buy these as a unit where they are already combined spreading all the risk out over these companies as a whole. How effective is it to trade indices Well it is very simple to trade indices, you just buy and wait. As to how effective, well the answer is simple, most large Fund Managers and Asset Management Companies only trades indices and ETFs (Exchange Traded Funds) for their clients and very rarely buy or sell shares in single companies. So the answer is that it is probably the safest and most effective way to start trading the market. Find a FSB Regulated Broker Make sure they offer indices. Deposit a Small Amount to Start Buy an Index and Sell when you have Made a Profit Request a withdrawal from your broker. In South Africa there are various ways to get involved with the stock stock exchange. The fist thing you will require is to get a broker which allows you to buy and sell shares online. The whole stock exchange system has been made electronic. This allows buyers and sellers to transact from the comfort of their own homes by means of a trading device which could be a phone, tablet or PC. The only catch is that you will require an internet connection. Types of Stock Exchange Brokers Direct Share Brokers 8211 You get brokers which allow you to buy and sell physical shares. This allows you to hold onto a share which makes you a shareholder of the company which you purchased. You can sell the shares when you like but there has to be a willing buyer. This type of trading is the traditional way of trading shares and the advantage is that you actually own a part of the company in which you invested. CFD (Contract for Difference) Brokers 8211 These type of brokers focus on the price of a share rather than the physical share itself. You buy or sell the price not the share equity. This is also called spread-betting and as you are speculating on the price it could be seen as closer to gambling than trading. The advantages of trading CFDs vs Physical Shares are great though. You do not require a willing buyer to sell a CFD. If the price is right you sell the CFD back to the broker and take your profit. The commissions on CFDs are far less than that of buying physical shares. You can use leverage on CFDs. this allows you to trade a lot more than the initial invested amount by a sort of lending structure called leverage. Lastly and very importantly you can go short with CFDs. This means if you predict the fall of a share company correctly you can make a profit although the stock falls. In South Africa we have many stock exchange brokers and stock exchange platforms. You really need to do your research before choosing a broker. These steps may help. Always select a FSB regulated brokerage. Start with a small amount. Do 5 trades and request a withdrawal. If you were able to follow these steps chances are you will be ok. If you have any issues with a broker it is very important to report them to the FSB so that other people do not go through the same problems as you. Once you have an account open with a Stock Exchange Broker you will require training. Some training is free with the broker, this often just covers the basics. Use google to find stock exchange courses that are of value, make sure to do proper research before jumping into a course and lastly remember that trading shares will not make you a millionaire over night no matter what anyone says. So you want to start trading forex and you reside in South Africa Here are the steps you need to follow. This is your choice of course but there are a few minimum requirements to look at when choosing a broker, you will start by searching for FSPs or Financial Services Providers that are registered and in good standing with the FSB. Once you have found a list you need to look at the platforms trading software each broker provides. If you are purchasing a product from a developer make sure to ask which platform their software is compatible with. Lastly, give the broker a call and ask a few questions. The questions need not be technical, the way in which the questions are answered will give you a good idea of the company you are dealing with. Do a course amp get trading tools. With all the crap out there it is difficult to decide which education software providers are legit and which are not. To get around this ask for a track record in the form of a statement or even better investor login details. If the firm does not want to give you a track record it means they either don8217t have one or don8217t have a good one. Why would you hide something that proves you are good at what you do. This will very quickly narrow down your options. Open a demo Trading Account Open an account with the broker you chose in step 1. Make sure to start with a demo account for you to practice on while learning your trade. Do not get pushed into trading on a live account before you are ready. Remember that the broker does not make any money on a demo account so they will push you to open a live account as soon as possible. Make sure you are profitable for at least 3 months running before trading live. Yes this sounds like a long time but remember your hard-earned money is at risk. Stick to the 3 month rule, it will do wonders for you. If you are unable to make profit for 3 months running it means you are not using the correct system, do ore research and use another tool until you pass the 3 months rule. Open a Live Account Here it gets interesting. So you have prepared yourself and have become confident in your system. The first thing that happens on a live account is you get a brain shutdown. Why does this happen Well its simple, you can for the very first time see YOUR money move up and down with the markets. It is very important to stick with the system you used on demo, including relative lot sizing and risk protection. These are the steps 8230 in a nutshell. This process took me well over 5 years before I really understood what I was doing. There are also much better courses and software tools then when I started out. It is very important not to confuse trading and gambling. Make good decisions and stick to your plan and risk management and you will be just fine. Trading Forex South Africa has NEVER been Easier We were one of the first online websites for forex. We started with safx and are now at safx. co. za. The SAFX team have just completed the Magic Code Trading System. Our currency trading system shows you where to get in and where to get out. It also shows how many lots to trade and your TP amp SL levels. It has never been easier to start trading forex. As our trading product is digital it is available for instant download immediately once payment has been made. Get yours now. MetaTrader 4 Overview How to Open A Chart How to Open and Close a Trade Stop Loss and Take Profit How to Load the SAFX Magic Code System Rules of the Magic Code System Putting It all Together Do your first trade.