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Messages - IKOFX

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51
* In Forex trading, a small margin deposit can control a much larger total contract value.
* Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum.
* For example:

Forex brokers offer 200 to 1 leverage,
which means that a $50 dollar margin deposit would enable a trader to buy or sell $10,000 worth of currencies.
Similarly, with $500 dollars, one could trade with $100,000 dollars and so on.
But leverage is a double-edged sword.
Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

We just launched a very interesting competition called IKOFX DEMO BLAST; this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .

As of today, here are the TOP 5 TRADERS:

Rank Account Nick Balance Equity Swap Free Date
1 4323351 n0cturn4ll 89,225. 48 89,225. 48 Yes 01-10-2011
2 4319716 Holy Ghost 80,753. 06 9,623. 82 Yes 16-09-2011
3 4319298 myk 80,035. 68 28,135. 68 Yes 15-09-2011
4 4319255 THE ONE 73,612. 93 70,690. 31 Yes 15-09-2011
5 4323928 Mak Ngah 69,651. 68 69,651. 68 Yes 03-10-2011

JOIN US NOW AND HAVE FUN TRADING WHILE WINNING REAL MONEY PRIZES!!! hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

52
STOCK and FOREX EXCHANGE / WHAT IS MARGIN IN FOREX?
« on: October 03, 2011, 09:58:12 PM »
In Forex, margin is the actual physical amount in USD which required for opening a leveraged position of a specific contract size.  There are 2 types of margin found in common trading platform: Used Margin and Free Margin.  Used Margin is the amount of money used to hold open positions whereby Free Margin is the amount of funds available to place additional positions.  The margin indicates both the maximum possible leverage and the minimum amount required to open a position at a certain size.  Additionally, the margin also plays a role as the credit limit to what the trader cannot surpass.

Although IKOfx offers its clients to trade with leverage up to 500:1, but margin and leverage are utilized according to individual risk appetite and preference.  Please be reminded that IKOfx doesn't recommend trading near the full 500:1 of margin capability, which may produce a large amount of risk and exposure.
CONTRACT SIZES AND LEVERAGE

Contract sizes or better known as lots, is a necessary foundation when understanding the need and benefit for high leverage in the Forex market.  Since one standard lot traded in the Forex market is a $100,000 contract, a trader is essentially placing a $100,000 trade in the market without leverage.  As a result, most investors would difficult to afford such a transaction.
Example:

The offer of leverage of 500:1 would allow a trader to place the same one lot ($100,000) trade with only the post of $200 in the Used Margin to control a $100,000 position.
MARGIN CALL

In event of the Equity (the value of your account) falls below the Used Margin due to trading losses, you will have to deposit more fund into your account or otherwise the trading platform will automatically close some or all of your trading position at the market price to prevent your account from falling into a negative balance.  In order to continue trading after margin call, you have to deposit more fund into the account.
Example:

Trader A with a deposit of $5,000 USD for IKOfx standard account, he had open one standard lot of long position on EURUSD.  With the leverage of 500:1, he had used up $200 USD to hold this position with the remaining $4,800 as the Free Margin to open trade with and prevent margin call.

Unfortunately, the EURUSD dropped 500pips after a week due to some government financial crisis in Europe cause his Free Margin to drop beyond zero and triggered the margin level.  In this case, the trading platform will automatically close the position to prevent the account from turning into credit.  This event is known as margin call.

We just launched a very interesting competition called IKOFX DEMO BLAST; this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit: hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

53
STOCK and FOREX EXCHANGE / CURRENT RANKING ( IKOFX DEMO BLAST )
« on: October 03, 2011, 08:34:56 PM »
This is a monthly contest dedicated to all Forex Traders of IKOFX with Demo Accounts.  It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.  This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.

Each trader should designate a demo account for this contest and must register it as participant in a particular given month.  The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.

As of today here are our TOP 5 TRADERS:

Rank Account Nick Balance Equity Swap Free Date
1 4323351 n0cturn4ll 89,225. 48 89,225. 48 Yes 01-10-2011
2 4319716 Holy Ghost 80,753. 06 9,623. 82 Yes 16-09-2011
3 4319298 myk 80,035. 68 28,135. 68 Yes 15-09-2011
4 4319255 THE ONE 73,612. 93 70,690. 31 Yes 15-09-2011
5 4323928 Mak Ngah 69,651. 68 69,651. 68 Yes 03-10-2011

JOIN US NOW AND START WINNING REAL MONEY PRIZES!!! CHECK US HERE: hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

54
In response to the fast growing number of traders that uses IKOFX Trading Platform and request for more convenience and comfort from our valued traders, IKOFX will soon launches its very own IKOFX Debit MasterCard.  It?s a pre-paid bank card that is associated directly with a foreign bank and has a variety of uses and benefits.  A part from our existing low-cost and short lead time fund deposit and withdrawal method, the existence IKOFX Debit MasterCard will let our valued traders deposit and withdraw funds to their trading accounts in just a couple of hours.  This new deposit and withdrawal method, via our IKOFX Debit MasterCard, is faster, less costly and more easy and convenient to use.  Our valued traders can also use this card as a universal method of funds withdrawal from their trading account with IKOFX anywhere in the world.  By using the IKOFX Debit MasterCard, traders will get a straight connection of their trading accounts in IKOFX and cash funds directly, or apply the card?s funds for some other uses.  Thus, having such a card would be a great advantage considering its multiple usages.

We just launched a very interesting competition called IKOFX DEMO BLAST; this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:

hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

55
The said monthly contest dedicated to all Forex Traders of IKOFX with Demo Accounts.  It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.  This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.

Each trader should designate a demo account for this contest and must register it as participant in a particular given month.  The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.

Here is the CURRENT RANKING of the contest, you can view the participants on this link: hxxp: ikofx. com/en/IKO_demo_blast. php

The top 5 traders are:

Rank Account Nick Balance Equity Swap Free Date
1 4314527 kimo 1,003,713. 38 1,003,713. 38 Yes 09-09-2011
2 4314931 Nicol An David 315,008. 00 285,008. 00 Yes 09-09-2011
3 4317262 cipakuk 230,400. 00 230,400. 00 Yes 09-09-2011
4 4316015 slendangmaut 94,972. 73 49,037. 73 Yes 09-09-2011
5 4315115 NARAWI 89,585. 00 7,385. 00 Yes 09-09-2011

Its not too late for you to start joining and experience being on top as you enjoy trading! Goodluck participants and have fun trading with us while winning REAL MONEY PRIZES!!!

IKO Forex Limited - The Ideal Place for Forex Trading

56
STOCK and FOREX EXCHANGE / INTRODUCTION TO FOREX
« on: September 22, 2011, 06:48:32 PM »
In Forex, currencies are traded in pair; for example the US dollar and the Japanese Yen (USD/JPY).  When you buy US dollar, means you are buying share in United States economy and you are thinking of potential rising of the current and future health of US economy.  Overall, the exchange rate of Forex market is the ratio of one currency's value against another currency and it is alike the comparison between condition of two country's economy.  The entire Forex market operates 24 hours a day, 5 days a week, in a network of banks.  The cash markets are fully decentralized, so there are no official opening and closing hours for Forex trading.

The Forex operations do not refer to currencies by their full names because it is long and tiresome.  Relatively, they use standardized codes, developed by International Standardization Organization (ISO) and known as ISO codes.  As shown in table 1, ISO codes always contain three letters, which the first two letters identify the name of country while the last letter identify the name of that country's currency.

CURRENCY    ISO CODE
United States dollar    USD
European Members Euro    EUR
Great Britain Pound    GBP
Japanese Yen    JPY
Canadian Dollar    CAD
Swiss Franc    CHF
Australian Dollar    AUD
New Zealand Dollar    NZD
Singapore Dollar    SGD
Table 1 : The ISO codes for the most commonly traded currencies

Among all the currencies, the US dollar is the most popular traded currency as shown in figure 1.  The Euro is the second while the Japanese yen and the British pound are almost similar and are the third.

57
STOCK and FOREX EXCHANGE / IKOFX DEMO BLAST (Demo Trader Gain Contest)
« on: September 20, 2011, 11:19:51 PM »
This is a monthly contest dedicated to all Forex Traders of IKOFX with Demo Accounts.  It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.  This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.

Each trader should designate a demo account for this contest and must register it as participant in a particular given month.  The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account. 

Learn more about the contest here: hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

58
STOCK and FOREX EXCHANGE / SWAP RATES
« on: September 20, 2011, 11:09:23 PM »
'Swap' is also commonly known as a 'rollover rate'.  Swap is an amount paid or earned as a result of the differential interest rates applicable to currency pairs when a trader holds a position over night.  Swap rates are calculated on daily basic at 4:59 PM/ET.  To be subjected to swap, trade position must have been opened before 4:59 PM/ET and held open past this time.  Swap rates are tripled on Wednesday at 4:59 PM/ET.  Swap rate is differing for each currency pairs and depend on either long or short.  Please refer to the summary table for swap rate traded with IKOfx.

Swap rate formula:
Swap debit/credit = Current swap rate in USD per unit * lot size

Example of Swap Rate Calculation

Current swap rate for long of AUD/USD at IKOFX = 4. 50 per 100,000 units
AUD/USD at 4:59 PM/ET = 0. 9035
Trade volume = 1 standard lot ($100,000USD)
Swap debit/credit = 4. 50/100,000 x 100,000
= $4. 50 USD per day

You had earned $4. 50 USD for holding 1 lot long AUD/USD through 4:59 PM/ET daily and for Wednesday it is tripled the value ($13. 50 USD)

Note:

1.  Mini Account Swap Rates are 1/10 the size of the Standard Account Swap Rates.
2.  You can utilize the Swap Calculator from our webpage for easy swap calculation.

You can VIEW SWAP RATES LIST HERE: hxxp: ikofx. com/en/swaprates. php

IKO Forex Limited - The Ideal Place for Forex Trading

59
STOCK and FOREX EXCHANGE / Margin
« on: September 19, 2011, 07:24:49 AM »
In Forex, margin is the actual physical amount in USD which required for opening a leveraged position of a specific contract size.  There are 2 types of margin found in common trading platform: Used Margin and Free Margin.  Used Margin is the amount of money used to hold open positions whereby Free Margin is the amount of funds available to place additional positions.  The margin indicates both the maximum possible leverage and the minimum amount required to open a position at a certain size.  Additionally, the margin also plays a role as the credit limit to what the trader cannot surpass.

Although IKOfx offers its clients to trade with leverage up to 500:1, but margin and leverage are utilized according to individual risk appetite and preference.  Please be reminded that IKOfx doesn't recommend trading near the full 500:1 of margin capability, which may produce a large amount of risk and exposure.
CONTRACT SIZES AND LEVERAGE

Contract sizes or better known as lots, is a necessary foundation when understanding the need and benefit for high leverage in the Forex market.  Since one standard lot traded in the Forex market is a $100,000 contract, a trader is essentially placing a $100,000 trade in the market without leverage.  As a result, most investors would difficult to afford such a transaction.
Example:

The offer of leverage of 500:1 would allow a trader to place the same one lot ($100,000) trade with only the post of $200 in the Used Margin to control a $100,000 position.
MARGIN CALL

In event of the Equity (the value of your account) falls below the Used Margin due to trading losses, you will have to deposit more fund into your account or otherwise the trading platform will automatically close some or all of your trading position at the market price to prevent your account from falling into a negative balance.  In order to continue trading after margin call, you have to deposit more fund into the account.
Example:

Trader A with a deposit of $5,000 USD for IKOfx standard account, he had open one standard lot of long position on EURUSD.  With the leverage of 500:1, he had used up $200 USD to hold this position with the remaining $4,800 as the Free Margin to open trade with and prevent margin call.

Unfortunately, the EURUSD dropped 500pips after a week due to some government financial crisis in Europe cause his Free Margin to drop beyond zero and triggered the margin level.  In this case, the trading platform will automatically close the position to prevent the account from turning into credit.  This event is known as margin call.


Please feel free to come and visit our FB page for more latest news and updates that will help you guys to improve your decision making.  www. facebook. com/pages/Ikofx/213186568697555

60
STOCK and FOREX EXCHANGE / Spread
« on: September 19, 2011, 07:09:41 AM »
All the currency pair quotes in a two-way price, the 'Bid' and the 'Ask'.  The 'Bid' is always lower than the 'Ask' price.  The 'Bid' is the price in which the dealer is willing to buy the base currency in exchange for the quote currency means the 'Bid' is the price at which you will sell.  The 'Ask' is the price at which the dealer will sell the base currency in exchange for the quote currency means the 'Ask' is the price at which you will buy.  The difference between the 'Bid' and the 'Ask' price is popularly known as the Spread.

Example

On this GBP/USD quote, the 'Bid' price is 1. 7445 and the 'Ask' price is 1. 7449.  Thus, the spread for trading this quote will be 4 pips meaning that it will cause you 4 pips to open either long or short position for this currency quote.

IKOfx always offer its clients with low spreads and an accurate pricing system to provide the traders a fair and competitive trading ground.  Besides, our spreads are fixed under all market conditions.


Please feel free to come and visit our FB page for more latest news and updates that will help you guys to improve your decision making.  www. facebook. com/pages/Ikofx/213186568697555

61
STOCK and FOREX EXCHANGE / Swap Rates
« on: September 19, 2011, 07:00:22 AM »
'Swap' is also commonly known as a 'rollover rate'.  Swap is an amount paid or earned as a result of the differential interest rates applicable to currency pairs when a trader holds a position over night.  Swap rates are calculated on daily basic at 4:59 PM/ET.  To be subjected to swap, trade position must have been opened before 4:59 PM/ET and held open past this time.  Swap rates are tripled on Wednesday at 4:59 PM/ET.  Swap rate is differing for each currency pairs and depend on either long or short.  Please refer to the summary table for swap rate traded with IKOfx.

Swap rate formula:
Swap debit/credit = Current swap rate in USD per unit * lot size

Example of Swap Rate Calculation

Current swap rate for long of AUD/USD at IKOFX    = 4. 50 per 100,000 units
AUD/USD at 4:59 PM/ET    = 0. 9035
Trade volume    = 1 standard lot ($100,000USD)
Swap debit/credit    = 4. 50/100,000 x 100,000
     = $4. 50 USD per day

You had earned $4. 50 USD for holding 1 lot long AUD/USD through 4:59 PM/ET daily and for Wednesday it is tripled the value ($13. 50 USD)

Note:

   1.  Mini Account Swap Rates are 1/10 the size of the Standard Account Swap Rates.
   2.  You can utilize the Swap Calculator from our webpage for easy swap calculation.

Please feel free to come and visit our FB page for more latest news and updates that will help you guys to improve your decision making.  www. facebook. com/pages/Ikofx/213186568697555


62
STOCK and FOREX EXCHANGE / IKOFX DEMO BLAST (Demo Trader Gain Contest)
« on: September 19, 2011, 06:45:16 AM »
This is a monthly contest dedicated to all Forex Traders of IKOFX with Demo Accounts.    It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.    This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.   

Each trader should designate a demo account for this contest and must register it as participant in a particular given month.    The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.   

This continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?.   .   .    Please feel free to come and visit:
 http: ikofx.   com/en/IKO_demo_blast.   php

63
STOCK and FOREX EXCHANGE / Why Trade Forex
« on: September 19, 2011, 06:28:35 AM »
There are many benefits and advantages to trading Forex with IKOfx.   Here are just a few reasons why so many traders are choosing this market and partnership with IKOFX:

    * Commissions free. 
      No clearing fees, no exchange fees, no government fees, and no brokerage fees. 

    * No middlemen
      Spot currency trading eliminates the middlemen, and allows you to trade directly with the market responsible for the pricing on a particular currency pair. 

    * No fixed lot size. 
      In the futures markets, lot or contract sizes are determined by the exchanges.   A standard-size contract for silver futures is 5000 ounces.   In Forex, you determine your own lot size.   This allows traders to participate with accounts as small as $1 USD

    * Low transaction costs. 
      The retail transaction cost (the bid/ask spread) is typically less than 0.  1 percent under normal market conditions.   At IKOfx, the spread could be as low as 2 pips. 

    * A 24-hour market. 
      From Sunday 2200 EST to Friday 2100 EST, the Forex market never sleeps.   This is good for those who want to trade on a part-time basis, because you can choose when you want to trade--morning, noon or night. 

    * No market manipulation
      The foreign exchange market is so huge and has so many participants that no single entity (not even a central bank) can control the market price for an extended period of time. 

    * Leverage. 
      In Forex trading, a small margin deposit can control a much larger total contract value.   Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum. 

    * High Liquidity. 
      Because the Forex market is so enormous, it is also extremely liquid.   Under normal market conditions, just a click you able to instantaneously buy and sell at will.   You can even command the trading platform to automatically close your position at your desired profit level (a limit order), and/or close a trade if a trade is going against you (a stop loss order). 

    * Free "Demo" Accounts, News, Charts, and Analysis. 
      IKOfx offer free 'demo' accounts to practice trading, along with breaking Forex news and charting services on the website for beginner traders who would like to hone their trading skills with virtue money before opening a live trading account and risking real money. 

    * "Mini Account" Trading:
      You would think that getting started as a currency trader would cost a ton of money.   The fact is, compared to trading stocks, options or futures, it doesn't.   IKOfx offer "mini" trading accounts with a minimum account deposit of $1 USD.   It makes Forex much more accessible to the average individual who doesn't have a lot of start-up trading capital. 

To know more about us please feel free to visit our site:
www.  facebook.  com/pages/Ikofx/213186568697555

IKO Forex Limited - The Ideal Place for Forex Trading

64
STOCK and FOREX EXCHANGE / Re: FOREX SOLUTION
« on: September 06, 2011, 10:16:23 AM »
One should know every single bits of Forex before they get involved in the field of Forex.  There are lot of useful resources and guidelines that can help newbies gain knowledge. Free demo accounts are a great help where they can have experience in trading and can develop their trading skills.  It is also important to have a reputable and Forex broker that can help you succeed in the market.

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:
hxxp: ikofx. com/en/IKO_demo_blast. php

forex broker

65
Quote from: johnadey link=topic=31708. msg160380#msg160380 date=1243588541
   
The goal of any trader is to have profits on regular basis, yet few people ever really make consistent money as traders.    What
accounts for the small percentage of traders who are consistently successful?
Find out the key ways successful traders differ from losing traders in this article. 

1.  Knowledge is Power in Forex Trading

 If you are serious about investing in Forex market, building up your trading skills and knowledge is the very first step that you must take.   Seminars, workshops, video tutorials, online learning, or even books are handful to help us learn from the experts. 
An education in forex trading is the best way to begin in forex, as forex is a market with unexpected fluctuations, sudden announcements and lots of risk. 
Learn to implement technical charting into your trades; learn using chart formation to determine the right time to enter/exit the market; brush up your experience by trading with a demo account? all these are effective to ensure your smooth starts and it will definitely reduce your chances of losing money.   Recommended Resources  on my blog will also help in increasing your trading knowledge. 

2.   Getting the right trading system

Losing traders use complex systems or rely on outside recommendations.    Winning traders tend to use simple techniques; techniques that they have developed on their own, from experience, that fit their own style and personality.    Successful traders understand that the only important outcome is to make money ? the complexity of the system used is irrelevant.    What matters is what works. 
Be consistent with a simple system that works for you and you will be able to avoid losing money. 

3.   Have a trading plan

Failure to plan is planning to fail.   Trading is like sailing a boat in the sea; you will  be going nowhere without compass and navigator. 
What is the detail objective of the trades? How much profit to expect from the trade? When to get into the market? How much to invest? What price to exit the market? If things do not work out, when do I execute the stop loss order? How high is the affordable risk?
 A good trading plan should at least answers the above questions.   Further more, if your trading plan fails, review and modify your trading plan.   Find out your mistakes and learn from them. 

Keep track of your gains and losses.   Keeping accurate and detailed records of your account activity will allow you to see whether or not the strategy is working, or if it needs to be re-built. 
Never go blindly into trading without a way to keep track of results.   You will lose all of your funds and will never understand why it happened. 

4.   Money management

Money management is a critical point that shows a difference between winners and losers.   It was proved that if 100 traders start trading using a system with 60% winning odds, only 5 traders will be in profit at the end of the year.   In spite of the 60% winning odds 95% of traders will lose because of their poor money management.   Money management is the most significant part of any trading system.   Most of traders don't understand how important it is. 

Money management is controlling your risk through the use of protective stops, while balancing your potential for profit against your potential for loss.   For example, good money management means you know your profit objective and the odds of being right or wrong, and controlling your risk with protective stops.   

Your risk per a trade should never exceed 3% per trade.   It's better to adjust your risk to 1% or 2%
We prefer a risk of 1% but if you are confident in your trading system then you can lever your risk up to 3%
One of the worst blunders that forex traders can make is attempting to trade without sufficient capital. 
The trader with limited capital not only will be a worried trader, always looking to minimize losses beyond the point of realistic trading, but he will also frequently be taken out of the trading game before he can realize any sense of success trading the method(s) or patterns. 

5.   Discipline trading

Discipline is probably one of the most overused words in forex trading education.   However, despite the clich, discipline continues to be the most important behaviour one can master to become a profitable trader.   Discipline is the ability to plan your work and work your plan. 

Trading Forex with discipline is important.   Success in Forex trading could not be achieved by plotting out the best trading plan.   It is also depends on implementing the trading plan.   Be discipline, trade according to your plan and never trade with your emotion no matter whether you are losing money or winning.   Greed will stop you from taking profit at predetermined level; while fear will stop you from making the nice kill in the market. 
I hope you have learnt something. 

For Free Forex Trading Strategies, Techniques, Tips, Articles, Tutorials and much more! Visit: hxxp: www.  fxwealthlibrary.  net

Such information like this are surely a big help in avoiding our hard earned money to loose.  Learn and understand Forex before entering a trade.  Knowledge and experience are important in this field of business.  Always set a clear goal before you enter a trade which means you know when to close the trade and exit.  Always have discipline and patience in trading in order to be successful.

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:
hxxp: ikofx. com/en/IKO_demo_blast. php

forex broker

66
STOCK and FOREX EXCHANGE / Re: Do you Use Forex Robots to Trade?
« on: September 06, 2011, 09:55:53 AM »
Forex Robots really do tough job effectively.  Forex robots are effective system of monitoring all the figure in the market.  It is important to have and set up a reliable robot that will take care of  the statistical charts and real time trading then you will be able to keep track of changes beat in the market. 

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:
hxxp: ikofx. com/en/IKO_demo_blast. php

forex broker

67
In choosing a Forex Broker, it is best if it is a licensed and a registered broker.  Review its reputation, its client's feedbacks and achievement before doing business with them.  A good Forex Broker believes that clients should be given utmost priority.  It structured its company to certainly attend all of its clients? needs and concerns in the most effective and expeditious manner in order to afford them the best ever trading experience that they could have.  It also ensures its high-quality level of customer support and several partners world-wide, that all of its existing clients will fully be served and accommodated. 

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:
hxxp: ikofx. com/en/IKO_demo_blast. php

forex broker

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The best forex strategy will depend upon your currency trading system.  A forex strategy might work extremely well if you are trading with the aim of long term profits while the same strategy might not do good if you are more into day trading or looking for short term profits.  A successful trader knows how to master and control their emotions while trading.  They are well disciplined in terms of trading.

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:
hxxp: ikofx. com/en/IKO_demo_blast. php

forex broker

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STOCK and FOREX EXCHANGE / Re: THE 8 MOST DANGEROUS MISTAKES OF FOREX
« on: September 06, 2011, 09:00:27 AM »
Thanks for sharing.  Yes, I believe that in Forex trading, we must be equipped with the right knowledge, tools and discipline in order to survive the market and earn better profits.  It is an advantage for a trader to have a forex broker that gives them an accurate analysis in the market.  Make sure that before entrusting your investments with them, do some researching about their reputation and their trader's feedbacks.  Discipline and patience are important in trading and always have a clear goal before you enter the trade.

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:
hxxp: ikofx. com/en/IKO_demo_blast. php

forex broker

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Thank you for sharing such information like this.  It is true that having a wealthy mindset, you can be successful.  You can set a clear profiting goal when have a positive mindset.  You can also have the right attitude of discipline and patience which are really important in achieving your goal towards your success.

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:
hxxp: ikofx. com/en/IKO_demo_blast. php

forex broker

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STOCK and FOREX EXCHANGE / Re: forex trading as an income earner
« on: September 06, 2011, 08:33:42 AM »
It is possible to earn and make money in Forex by trading on his own.  But make sure you have the knowledge about Forex and you understand how it works.  Build a strong trading foundation before you enter a trade.  Understand the factors that can affect the market so you'll have a wiser decision towards trading.  Always trade with discipline and patience.

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .  Please feel free to come and visit:
hxxp: ikofx. com/en/IKO_demo_blast. php

forex broker

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STOCK and FOREX EXCHANGE / Re: Is the experience, important in Forex Trade.
« on: September 06, 2011, 08:03:36 AM »
Knowledge and experience are important especially for newbies before entering Forex Trading in order to survive and be successful in this business.   There are lot of good articles and resources about Forex that can help in acquiring knowledge especially for newbies.   BY opening a demo account, you can have proper training and experience in trading which can be a good foundation when we do the live account. 


We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?.  .  .   Please feel free to come and visit:
hxxp: ikofx.  com/en/IKO_demo_blast.  php

forex broker

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STOCK and FOREX EXCHANGE / Re: beware of fraudstars in forex business
« on: September 06, 2011, 07:55:07 AM »
Quote from: Sporchi link=topic=57167.  msg399164#msg399164 date=1312529119
I have been in this business and trading constantly since 2006 when forex was just becoming popular in Nigeria.     I have read so many of the posts in this thread since it started and i just decided to keep quiet.     There are so many experiences i m seeing from people who post in this thread, So many people have been hurt trading forex because they lost money.    some due to their greed, ignorance, fear or sheer laziness.     from whatever angle you are viewing this, you are doing this business in order to make money, period! So act in your own best interest, So many people condemn things which is meant to help your trading like indicators, EAs, trading styles e.    t.    c.     from others because they suffered a tragic loss of their money which is their own fault and they are looking for someone or something to blame for their misfortune so they turn a blind eye to the whole package they were using.     Please,  if you still blame someone or something for your trading results, It is either you change or you have no business doing this business cos you will never make it, (it is not a curse).     The market is multifaceted and several factors contribute to change in prices  so don't expect something palatable all the time.     It is you who have to look into yourself and make necessary adjustments.    
RESULT IS ALL THAT MATTERS, DO IT THE WAY IT IS SUPPOSED TO BE DONE ;)

Post Merge: August 05, 2011, 03:30:20 AM
My company DAYLIS CONSULTING is giving out our own personally encoded trading EA MoneySpinnerV2 on this thread.    We ran this software for 2 good years with a few modifications in the programming and the results have simply shown this software is definitely as intelligent as the coders, Below is the EA's latest trading results, You can try it on your DEMO account first and lets see who is right
Feel free to contact Daylis consulting on 017418223 or mail daylisgroup@live.   com for more information ;)

Yes, I believe that the one that are responsible for their actions and decisions are themselves.   We are here in this business to gain profits so it is better to be equipped with the right knowledge, tools and attitudes as this can help in your progress towards trading.   Don't get greedy for this can lead you to failure and loose money.   Always have discipline and patience in trading and always be alert. 

We just launched a very interesting competition called IKOFX DEMO BLAST;  this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?.  .  .   Please feel free to come and visit:
hxxp: ikofx.  com/en/IKO_demo_blast.  php

forex broker

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INTERNET / Re: BOOSTING INTERNET EXCHANGE FACILITIES
« on: August 15, 2011, 09:02:57 AM »
Boosting the technology of a country like the Internet can contribute to the economic growth of the country.   It is one way of improving the communication services of it.  




Please feel free to come and visit our FB page for more latest news and updates that will help you guys to improve your decision making. 

http.   www.   facebook.   com/pages/Ikofx/213186568697555



FOREX

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JOB and CAREERS Discussion / Re: JOB SEEKERS PLEASE BEWARE!!!
« on: August 15, 2011, 08:52:46 AM »
Quote from: furtune link=topic=88728.  msg328471#msg328471 date=1284633534
Guys! we have been trying our best to delete as many as we can in the forum.   But I have to inform you guys that you need to be extremely careful about scammers posing to be agent or employer.   They want to rip you off your money. 

NBF is doing their best by making it easy to find jobs, friends and business contacts.   Is a great place to be.  

Please be wise in your action. 

Long live Nigeria, Long live NBF.  

Thank You. 
Furtune. 


Thank you for this information.   Investors should be more extra careful and do a thorough research about the agents or employers they want to do business and entrusted their hard-earned money.   we are here to profit and not to be fooled. 

Please feel free to come and visit our FB page for more latest news and updates that will help you guys to improve your decision making. 

http.   www.   facebook.   com/pages/Ikofx/213186568697555



forex broker

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