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2012/01/29

3 Should-Know Facts on Trading the Forex

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What is the Forex? What is the Forex?
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The Director of Continued Education, Shawn Beecher, has over six years of experience in the Forex industry. Shawn's enthusiastic approach to the Forex is focused on technical and fundamental analysis. He believes having a trading plan and following the rules of the plan are imperative to success in the Forex.

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3 Should-Know Facts On Trading the Forex
1. Manage your emotions. Don't allow your emotions to trade for you. Trade with the rules and techniques you acquire through Forex education.

2. Play on your strengths. Focus on your needs and personality to establish a trading style. This will allow you to more easily create your trading strategy.

3. Have a trading plan and stick to it. Developing a rhyme to your reason could make the difference in future trading opportunities.

Learn more >

Forex Analyst Profile - FX Chief™
Jared Martinez
Known as: The FX Chief™
Forex Years: 20+


Jared F. Martinez is an author, Forex mentor, educator, market analyst and entrepreneur, as well as the founder and CEO of Market Traders Institute, Inc. (MTI). He's been involved with the Forex industry for over 20 years. Now, he dedicates his time to showing the world the opportunities in the Forex.

Learn more about Jared in an upcoming webinar >
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Next Step Financial Holdings, Inc. (“NSFH”) does not hold itself out to be a Commodity Trading Advisor (“CTA”) and as such this information is not intended to provide investment advice. You are solely responsible for determining whether any investment, investment strategy, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult a legal or tax professional regarding your specific situation.

Any opinions, news, research, analysis, prices, or other information contained within or on the accompanying promotional material is provided as general market commentary, and does not constitute investment advice or a solicitation to buy or sell any Forex contract or securities of any type. NSFH does not take into account the investment objectives, financial situation or particular needs of any individual investor. NSFH will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All information and material provided by NSFH is for educational purposes only and should not be considered specific investment advice. This content is subject to change at any time without notice, and is provided for the sole purpose of education and assistance for you to make independent investment decisions.

The information as presented is based on simulated trading using systems and education developed exclusively by MTI. Simulated results do not represent actual trading. No representation is being made that any student will or is likely to achieve profits or losses similar to those shown. Past performance is not indicative of future results. Individual results vary and no representation is made that students will or are likely to achieve profits or incur losses comparable to those shown. MTI will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Please note that simulated trading results may or may not have been back-tested for accuracy.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

***Please be advised that spreads/commissions are not taken into account when preparing hypothetical results and/or alerts.

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