ForexGen now has a trading new client called MultiTerminal. The MultiTerminal is intended for simultaneous management of multiple accounts, for which is mostly helpful for those whom manage investors' accounts and for traders working with many accounts simultaneously.
The usual contract size for ordinary FX traders is USD $100,000. This is one lot, which is the minimum size normally traded. You put up a margin, usually $1000-$2000 depending on your broker.
Some FX brokers now offer mini-contracts. These are 1/10 the size of regular FX contracts, and represent $10,000. The margin is proportionately smaller. The cost of trading mini-contracts is higher, as there is more work for the broker to do in fitting the mini-contracts into the market. However mini-contracts are a great opportunity to start trading without having to risk a lot of money, and can help new traders become familiar with the market before moving on to the full size contracts.ForexGen traders use fundamental analysis, technical analysis, quantitative analysis and sometimes a combination of all three to make their trading decisions. Fundamental analysis involves the use of economic, financial and political news to determine trading decisions. Technical analysis involves the study of Charts to predict future price movements based on past price patterns and trends. Quantitative analysis consists of the use of preset statistical models and properties in quantifying price formations such as averages, ret cements as well as identifying oversold and undersold situations.
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