Forex Option Trading Get Your Profits

By Mark Green

Forex option trading is growing every day. This style of trading is made for people that have smaller margins to use in the market, but allows them to leverage it for high profit potentials. The only difference is that it has profit and stop loss caps, because of the smaller margins that you use.

Knowing how to use forex option trading to your advantage is critical. Even though you think you may have the knowledge to do these kinds of trades, it never hurts to find out more information. Getting into trading can be beneficial if you are just starting out and don't have a large margin to use like the larger traders. Starting with this style of trading can help build up your trading account and enable you to get into larger trades, which equals larger profit margins.

Forex option trading has become a favored trading environment for many investors. A great thing about forex is that it provides more flexibility for big and small investors. For a quick explanation; option trading is a currency contract allowing the option buyer rights to sell or purchase the forex spot contract on an exact price before or up to the specified date.

If you are looking for a way to make your forex option trading more serious, there may be something in store for you. Are you are looking for a way to step up your trading and to achieve the margins that you want? What if you could trade better than the average trader, right away. If you are a new trader, or a skilled trader, there is something you could add to your tactics to increase your profits.

There is always room to increase your forex option trading profits. Knowing what to improve can be a hard thing for a trader. Wouldn't you value information passed on to you from a long time experienced trader that can save you countless hours of trial and error? It is always key to keep an edge over the average trader, discover a secret to making your trades more profitable. Get the secret to making more money on your trades, get yourself on track with the key to making you money in forex. The sooner you take action, the sooner you will see the profits that you want to make. - 23159

About the Author:

If you want to succeed in Forex Option Trading , you simply cannot miss the untold secrets you will learn about in this guide. Others talk the talk, but the proof is in the guide. Get your guide while they last.

Tips for Trading Ascending Wedges Short with CFDs

By Jeff Cartridge

The ascending wedge can be traded on the short side entering the trade as the stock breaks out of the pattern to the downside. Text books will tell you that this is how they should be traded, but our results do not back this up. The pattern forms when the two boundary lines that contain the price movement converge to a point. The top line slopes up, and the bottom line slopes up even steeper to meet the top line.

Ascending Wedges Best Traded Long

Ascending wedges are one of the least predictable patterns that are available to trade short. With just 32% of the patterns breaking down, ascending wedges struggle to deliver good returns when they do. The average gain is 0.02% in 8 days with less than half of the breakouts (42%) being profitable. These results are marginal and barely profitable, but selecting the right conditions can make trading ascending wedges attractive.

Refine Your Entries

Trading ascending wedges when the stock and the market are in an up trend or consolidating improves your trading results. The sector should be falling or in consolidation to make the best profits.

A breakout from an ascending wedge can occur anywhere on the way to the point of the pattern; it is not important exactly where the breakout occurs. The best trades occur with patterns that are between 5 and 30 days long.

If volume supports an ascending wedge breakout then the profitability of the trades improves. For volume to support the breakout, volume when the stock is going down should be greater than volume when the stock is going up. If the closing price is the same as the previous day prior to the breakout it is best to avoid these patterns as the stock may be illiquid. If the lows are getting lower and the highs are also falling then you will be more profitable.

Trading Ascending Wedges Can Be Profitable

You can improve your trading results by using a series of filters that have been outlined here. These filters are harsh, significantly reducing the number of trades to get good results. (1275 trades are reduced to just 74). This select group of ascending wedges delivers an average profit of 1.46% in 10 days and is profitable on 48% of the trades. Overall this makes ascending wedges possible to trade short.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23159

About the Author:

Jeff Cartridge is a private trader and created the website LearnCFDs.com A Simple Timeless Method for Huge Gains

How Day Traders Make Big Money - Their Secrets Revealed!

By Tim Hunt

There is excellent money to be made in day trading, but, unlike what some may think, it is not a simple job. To be successful, you'll need to put in some work.

Day trading stocks and commodities is a great job and a quite profitable one as well. It requires certain traits for success, and certain habits will need to be internalized.

Time management is the first important habit. You must be able to wake up early and alert first thing in the morning and be ready to evaluate how you'll play the market that day. All of this must happen before the opening bell, which starts at 9:00 a.m. in New York, 6:00 a.m. in California, and 5:00 a.m. in Alaska and Hawaii. Getting out of bed early is only half the story; you'll also need to stay on schedule and have a good internal alarm clock. If you're the type who can't function before 11:00 a.m. or has to guzzle down multiple cups of coffee before facing the day, day trading may not be the job for you.

The second important habit is good quantitative analysis skills and the ability to think on your feet. Though "gut" decisions can help you make (and lose!) money as a day trader, you'll need to be able to make informed choices from reading, perusing, and comprehending numbers very quickly. You'll need to be able to run numbers in your head quickly and accurately enough to figure out if something is a trend, or just an anomaly, and you'll need to judge what to do with that information.

Although you'll need some good quantitative skills, you don't have to be a mathematician to be a successful day trader. You can cultivate your quantitative skills with just a bit of practice.

A third important habit for day traders is observational skills combined with good short-term memory. You'll also need patience. Keep your cool even when you miss catching a stock at its highest point, or when you lose money because an anticipated low never arrived. Likewise, you must stay calm when you make a big winning trade as well.

Dedicated research is the fourth important habit for day traders. While you won't need to perform in depth analysis of accounting statements as in long term conventional investing, you will need to analyze the constant inflow and outflow of data to have a good knowledge base for making judgments on the fly. On the other hand, don't get so caught up in research that you lose the ability to think and act quickly.

Bear in mind that you don't have to do all of this research on your own. Top day traders have many tools and services available to assist in the research process.

If you think you are ready for a career change and that day trading may appeal to you, you'll need to start by creating a support team. At a minimum, you'll need a broker, and a few investors willing to help you level the market. Realize ahead of time that it's hard work, and will require savvy, dedication, and focus.

If, after reading the skills listed above, you think you have what it takes to be a successful day trader, day trading may offer you a challenging and fun way to make a great living. It's a job that can be a ton of fun, and can provide tremendous riches ? in more ways than one. - 23159

About the Author:

It's my goal that this day trading advice motivates you to enter into this profitable venture. Click Here to learn about a proven day trading system that is proven to deliver great returns!

Learning Forex Trading Make The Bank

By Mark Green

If you are just starting out and just learning forex trading, it can be hard to get yourself wrapped around everything. There are the terms; bid price, ask price, bid/ask spread, cross currency, margin, leverage and so much more. Sometimes it can be frustrating trying to wrap your-self around this whole concept. When starting, it is important to stay focused, and not wander around trying to figure things without a direction.

By now your most likely well into learning forex trading, and know that it is a great business. It is always a good idea to socialize with a fellow trader, you never know what benefits you may share between each other. If you don't know by now, then you should know that learning with anything in life never ends. The point you stop learning, is when you don't allow yourself to learn. If you want to make a high earning day trader out of yourself, you need to keep yourself taught on a consistent basis.

Like I was saying, learning forex trading is very important in order to do well. Who do you think makes more in the foreign exchange market? A now and then self taught trader or a constantly adapted trader that is up to date? You've got it, the adapted trader that has the most up to date training about the industry. As a trader that is new to the market, the most important thing when starting out it proper training. There is nothing worse then a new trader just cutting their profits from not being taught the right methods.

When starting out learning forex trading I found that it was a great help to learn from fellow traders, and to become more surrounded with successful traders, this gets you into the mind set that you are successful. Doing this will make you want to be as successful, and will give you motivation and drive to achieve more.

Take your skills to the next level with learning forex trading inside out. To become successful in something, complete knowledge is needed. You do not need to know everything when you are starting out, as long as you make a constant effort to learning new things, that can improve your skill-set. Ever wonder what the most successful traders know that you don't? Or ever wonder why they are so good at what they do? If you want to find out about the ins and outs of forex and guru secrets, you should get yourself one of the best guides out there. - 23159

About the Author:

If your looking into Learning Forex Trading, you simply can not miss the opportunities you will learn about in this guide. Others profess to be the best, but the proof is in the pudding. Get your forex guide and take it to the next level.

Futures Trading (Part II)

By Ahmad Hassam

Futures trading is done by most of the people like you and me who are interested in making money in the markets. Trading E-mini futures has become popular with many individual investors apart from professional traders and speculators who also trade other futures contracts. Buy low and sell high, is the basic premise in futures trading as it is in stock trading. You try to go long when the prices are low and go short when the prices are high.

What is different from stock trading is that you can trade futures with leverage on either long or the short positions. This introduces an additional element of risk not present in the stock market.

Another major difference with stock trading is that there is no uptick rule in futures trading. Thus, it is as easy to sell short as it is to buy long. This means that you can easily enter into a position to capture a downward move in prices with no restriction.

Even when you are not particularly good at it, how do you manage to survive at futures trading? The answer is simple. You should have the money first to open a margin account. Then you should have the ability to develop a trading plan that enables you to keep making money in the market long enough to capitalize your next big move. How do you become good at futures trading? By learning technical analysis!

So you wont last long in the market if you dont have a good trading plan. And you wont be able to trade futures if you dont have enough money. The chances are your money will quickly disappear if you start with a small trade size.

You must know this thing that 95% of the people trading futures lose money consistently. In order to start trading futures, you need to have at least $25,000 in your account. Off course, $5,000 is the minimum with which you can start trading futures.

Make sure that you go into trading futures contracts with realistic expectations and you understand the risks involved when you start trading futures. You can take advantage of the managed futures accounts if you are not sure how to handle the risk involved in futures trading.

Trading futures contracts is truly a hybrid that uses both fundamental and technical analysis. You need money, patience, knowledge and technology to be able to trade futures contracts successful. Only proceed ahead if you these skills in abundance.

The fundamental side of futures trading involves getting to know the industry in which you are making trades and the futures contract specifications and seasonal tendencies of the markets. You should also know the important report that you need to keep an eye on.

You should determine your trading style. Are you are scalper? Are you a day trader? Are you a swing trader or are you a position trader? You will need to develop your own trading style whether it is momentum trading, scalping, day trading or swing trading. Your personality will determine your trading style. Now, the technical side of futures trading tells you what the market will do in response to the fundamentals.

Once you know your trading goals, establish a trading plan for getting there. Learn technical analysis. Dont try to conquer every type of analysis at once. Instead, focus on mastering one item at a time"maybe concentrating only on chart patterns such as the candlestick patterns for instance. Candlestick charting can be a good tool in your technical analysis arsenal. - 23159

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading futures and currencies. Trade Dow Futures and S&P Futures!