are traded to the tune of four million dollars. The major currencies that are traded here include US Dollars, Japanese Yen, Euro, Australian Dollars and the Swiss franc. Currencies are traded in pairs usually through a broker or dealer who acts as the middle man. Forex trading online is a lucrative field and you can make some easy money here if you know all the rules and regulations.
Forex trading online can be done at any time of the day from anywhere in the world for five days a week. Some of the advantages of this market over stocks and bonds are that it requires only low transaction costs, no commissions or agents, high leverage and liquidity, mini and macro trading for both individuals and financial institutions.
There are many tools that can be put to good use in forex trading online. These include charts, newsletters and data analysis graphs, all of which give you an idea of the market trends. There are also software applications called forex robots which are automated programs that can help you immensely especially if you are a beginner to this field. A robot can help you make the right interpretations from all the real time data available and even trade on your behalf if you cannot find time to spend in front of the computer.
It is possible to start forex trading online with just a few hundred bucks and hence you are not at risk even if the trade fails. But it is always better to familiarize yourself with all the rules of the trading before plunging into this market. There is a lot of money to be made here if you know how to read and interpret all the data and make the right trading move.
If you'd like to try an Automated Forex Robot that has been proven on video to double the deposit of my trading account in under 1 week, visit - Forex Robot Settings
Article Source: http://EzineArticles.com/?expert=Dane_Bergen
Safe Online Trading - 6 Steps to Avoid Fraud
A few days ago I wrote an introductory article on the emergence of online B2B trading as one the most effective ways doing business globally. What I did not touch upon though, were the potential risks involved in trading through this medium. However, I intend to do that in this brief piece. Whenever I suggest people to expand their business through an online B2B portal (it has become a habit since i work for one:)) the first question they ask is "Is it Safe? Does it really work?". And then I have to go through the whole "Safe Trading" lecture for them.
So lets analyze B2B Portals from this angle - Credibility and Safety. Like any mode of business there are certain risks involved in doing business through B2B portals as well-Safety of Trade and Credibility of Buyers/Sellers being the most important. However, with certain pre-cautionary measures, these risks could be reduced considerably.
One of the most frequent problems I have seen people face is either no supply or wrong supply against their payments. The ratio gets higher when the Suppliers are based in Asia - China to be more precise. I have seen poor Americans, Brits and buyers from other European countries lose thousands of dollars against fake supplies. When I was new to this mode of business, I myself lost around $5000 to a Chinese Supplier, but i know some very good suppliers in China as well.
So why is it so? is B2B trading so unsafe? the answer is both yes and no. Now you might be wondering what that meant. But I'll list a few factors that should be kept in mind before proceeding with any business deal through a B2B Portal. Following these should eliminate most risks in online Trading.
1) Always Deal With Premium Suppliers
Yes, this is very important. Look everybody wants to make quick money. And in this age of scammers B2B portals provide the ideal hunting ground for people who want to make money without spending any. So Never ever deal with Free Suppliers. Always make sure your Supplier is a Premium Supplier, more preferably a Gold Supplier. This does not guarantee risk free transactions but it reduces the chances of fraud.
2) Study the Supplier's Profile
Make sure the supplier you are dealing with, is an active user of B2B portals and has a complete profile. By that I mean he has a detailed introduction of his company along with contact numbers and addresses. Also make sure he has professionally presented his credentials as a supplier. Serious Suppliers always work hard on the presentation of their Company.
3) Look for References
Ask the Supplier for other Buyers he has worked with. Ask him for at least 3-4 online references that can endorse his credibility as a supplier. Once he gives you some references, make sure you get in touch with them and ask for the details of their deals especially the modes of payment they adopted.
4) Ask the B2B Portal involved
Yes, you can do that as well. Ask the fraud departments of B2B portals to give you their view of the credibility of the supplier. Some B2B portals also charge for this but it is worth spending a little money to avoid any major loss. You may also browse different trading forums and ask the users about the supplier
5) Safety of Payment
LC is the safest mode of payment. Make sure you adopt it. However, for smaller deals, it is not always possible to work that way. So make sure you pay through some third party online services like Escrow. Never send payments directly to new suppliers through Direct Money Transfer Services.
6) Avoid Big Deals Initially
Never go for a huge transaction straight away. Specially with new suppliers. If possible, break your order into smaller segments. This might increase the cost of shipping to some extent but it reduces the risk considerably. However, with familiar suppliers you may go for bigger deals but be careful while doing that as well. These were some steps that I usually recommend people to consider while Trading Online. There are a few more tricks but i would leave that for some other time.
Do let me know if you found the article useful. Keep visiting Techxtramile for more on this topic.
The Author works for a leading B2B Trading Portal and shares his thoughts on his Technology Blog named Techxtramile.com
Article Source: http://EzineArticles.com/?expert=Muhammad_Jawad_Ali_Khana
So lets analyze B2B Portals from this angle - Credibility and Safety. Like any mode of business there are certain risks involved in doing business through B2B portals as well-Safety of Trade and Credibility of Buyers/Sellers being the most important. However, with certain pre-cautionary measures, these risks could be reduced considerably.
One of the most frequent problems I have seen people face is either no supply or wrong supply against their payments. The ratio gets higher when the Suppliers are based in Asia - China to be more precise. I have seen poor Americans, Brits and buyers from other European countries lose thousands of dollars against fake supplies. When I was new to this mode of business, I myself lost around $5000 to a Chinese Supplier, but i know some very good suppliers in China as well.
So why is it so? is B2B trading so unsafe? the answer is both yes and no. Now you might be wondering what that meant. But I'll list a few factors that should be kept in mind before proceeding with any business deal through a B2B Portal. Following these should eliminate most risks in online Trading.
1) Always Deal With Premium Suppliers
Yes, this is very important. Look everybody wants to make quick money. And in this age of scammers B2B portals provide the ideal hunting ground for people who want to make money without spending any. So Never ever deal with Free Suppliers. Always make sure your Supplier is a Premium Supplier, more preferably a Gold Supplier. This does not guarantee risk free transactions but it reduces the chances of fraud.
2) Study the Supplier's Profile
Make sure the supplier you are dealing with, is an active user of B2B portals and has a complete profile. By that I mean he has a detailed introduction of his company along with contact numbers and addresses. Also make sure he has professionally presented his credentials as a supplier. Serious Suppliers always work hard on the presentation of their Company.
3) Look for References
Ask the Supplier for other Buyers he has worked with. Ask him for at least 3-4 online references that can endorse his credibility as a supplier. Once he gives you some references, make sure you get in touch with them and ask for the details of their deals especially the modes of payment they adopted.
4) Ask the B2B Portal involved
Yes, you can do that as well. Ask the fraud departments of B2B portals to give you their view of the credibility of the supplier. Some B2B portals also charge for this but it is worth spending a little money to avoid any major loss. You may also browse different trading forums and ask the users about the supplier
5) Safety of Payment
LC is the safest mode of payment. Make sure you adopt it. However, for smaller deals, it is not always possible to work that way. So make sure you pay through some third party online services like Escrow. Never send payments directly to new suppliers through Direct Money Transfer Services.
6) Avoid Big Deals Initially
Never go for a huge transaction straight away. Specially with new suppliers. If possible, break your order into smaller segments. This might increase the cost of shipping to some extent but it reduces the risk considerably. However, with familiar suppliers you may go for bigger deals but be careful while doing that as well. These were some steps that I usually recommend people to consider while Trading Online. There are a few more tricks but i would leave that for some other time.
Do let me know if you found the article useful. Keep visiting Techxtramile for more on this topic.
The Author works for a leading B2B Trading Portal and shares his thoughts on his Technology Blog named Techxtramile.com
Article Source: http://EzineArticles.com/?expert=Muhammad_Jawad_Ali_Khana
Excellent Ways to Learn Online Forex Trading Business From Home
Forex trading is one of the fastest growing business niches that we can do from home. With in couple of hours you can bag thousands of bucks and that even without leaving your cozy home. You need not to go to door to door to sell or market something and you are free from a hectic, long hours job as you can earn the same or even more profits with forex trading. The latest trend of work from home has widened the scope of this field.
However most of us are naive in this field and need to learn it. One can learn this from the variety of sources which are explained as under:
1. Internet Off course internet is a source of limitless information where you can find almost everything that you need. Internet can give you extensive information pertaining to forex trading from home and you can learn a lot from it. However the information on net is mostly outdated and you find yourself helpless in searching out the most needed points from this ocean of knowledge.
2. Books/ Magazines Going to the book stores and finding the most suitable forex trading book which you can easily comprehend is an easier option. Apart from it you also subscribe the annual or monthly subscription of the financial magazines which will keep you updated to the prevailing market conditions and the best course of action to get over it.
3. Training Modules Taking admission in to a practical training class and attending their special modules related to forex trading can give you better insight of it. You can learn the easy and instant ways of earning huge profits through training modules. These training modules are comprehensive and specially designed to cover all the relevant aspects of forex trading.
4. Social Networking Experience is the best teacher and the experienced people who are indulged in forex trading at home can turn out to be an asset for you. Through your social networking skills you can connect to the people currently in this field and can learn the required tactics of the business. They can guide you about the process, ins and outs and ways to excel in forex-trading.
5. Live or Interactive Tutorials Another way to learn about the forex trading is the interactive tutorials which have live videos directing you the ways of trading online. They have a voice based program recorded with live video that guides you about the different aspects of doing online trading from home.
Above are some of the sources using which you can get ample information about online forex trading from home. They will instruct you're the scratch level basics to excel in this field.
If you're tired of banging your head against the wall looking for a way to make money then look no further. Followers of my simple yet powerful technique. for more information please visit us at: Make Money Online
Article Source: http://EzineArticles.com/?expert=Lillian_Jones
However most of us are naive in this field and need to learn it. One can learn this from the variety of sources which are explained as under:
1. Internet Off course internet is a source of limitless information where you can find almost everything that you need. Internet can give you extensive information pertaining to forex trading from home and you can learn a lot from it. However the information on net is mostly outdated and you find yourself helpless in searching out the most needed points from this ocean of knowledge.
2. Books/ Magazines Going to the book stores and finding the most suitable forex trading book which you can easily comprehend is an easier option. Apart from it you also subscribe the annual or monthly subscription of the financial magazines which will keep you updated to the prevailing market conditions and the best course of action to get over it.
3. Training Modules Taking admission in to a practical training class and attending their special modules related to forex trading can give you better insight of it. You can learn the easy and instant ways of earning huge profits through training modules. These training modules are comprehensive and specially designed to cover all the relevant aspects of forex trading.
4. Social Networking Experience is the best teacher and the experienced people who are indulged in forex trading at home can turn out to be an asset for you. Through your social networking skills you can connect to the people currently in this field and can learn the required tactics of the business. They can guide you about the process, ins and outs and ways to excel in forex-trading.
5. Live or Interactive Tutorials Another way to learn about the forex trading is the interactive tutorials which have live videos directing you the ways of trading online. They have a voice based program recorded with live video that guides you about the different aspects of doing online trading from home.
Above are some of the sources using which you can get ample information about online forex trading from home. They will instruct you're the scratch level basics to excel in this field.
If you're tired of banging your head against the wall looking for a way to make money then look no further. Followers of my simple yet powerful technique. for more information please visit us at: Make Money Online
Article Source: http://EzineArticles.com/?expert=Lillian_Jones
Is it Viable to Do Stock Trading Online?
To do stock trading online, the internet has become very common. There are many websites that make you do trading through the internet. You can see all the stocks and do whatever you want to do. Online stock market trading is very interesting, but it needs to be done very carefully. One wrong click of the mouse can make you lose money. The actual process is very easy and you have to just follow it carefully. You can start with dummy accounts where you don't have to actually invest money. When you do this way, you will learn the basic of the stock trading systems and also won't lose any money.
There are a few stock trading tips that you have to look into while trading online. The first is that the prices change in a second and the dealings are not in actual time. If the internet is slow, then it will affect your trading as your trading will reach late in the stock exchange. It is always advisable to stick to your decision and not to change it at the last moment. The decision should be made well in time and sent so that it reaches the stock exchange well in time.
The unstable nature of the stock market makes it very vulnerable. It is best to study the moves of the stocks carefully. It has to be read carefully so that you don't end up losing money. When you are doing stock trading online,you have to trust your broker. However, you can't act purely on trust; you need proper statements and e-mails through which you will come to know the actual facts of your trading. If there are no factual statements of your trading accounts, then be careful and ask for them as they will be proof of your trading.
With the help of online trading you can place limit orders. It is very convenient when you don't have time to keep track of the prices of the stock. You can place limited order on stocks for buying or selling as it is based on your judgment. This way you can reap the benefits of the unpredictable session during trading time.
If you are going in for online trading you should do your research properly. There are many charges for every transaction or any other activity. Find about all of them and see what suits you best. The brokerage fee charged by the broker is one aspect of this. In addition to it there are many additional charges like commissions and fees charged for buy sell alerts, chart and other tools facility, mobile services, e-mail alerts and so on.
If you are a beginner, then you should always setup a stop loss. You should set a level of stop losses so that you don't face much risk. It is paramount to have a constant verification of the money debited/credited from your account for each trade executed because technical reasons might lead to discrepancy which cannot be avoided. If you are careful in the beginning there won't be any loss.
Discover the footsteps of the best stock trading system and how to use some insider secrets to trade stocks successfully: http://www.stocktradingfutures.org/blog. Article Provided by Soobash Badal
Article Source: http://EzineArticles.com/?expert=Soobash_Badal
There are a few stock trading tips that you have to look into while trading online. The first is that the prices change in a second and the dealings are not in actual time. If the internet is slow, then it will affect your trading as your trading will reach late in the stock exchange. It is always advisable to stick to your decision and not to change it at the last moment. The decision should be made well in time and sent so that it reaches the stock exchange well in time.
The unstable nature of the stock market makes it very vulnerable. It is best to study the moves of the stocks carefully. It has to be read carefully so that you don't end up losing money. When you are doing stock trading online,you have to trust your broker. However, you can't act purely on trust; you need proper statements and e-mails through which you will come to know the actual facts of your trading. If there are no factual statements of your trading accounts, then be careful and ask for them as they will be proof of your trading.
With the help of online trading you can place limit orders. It is very convenient when you don't have time to keep track of the prices of the stock. You can place limited order on stocks for buying or selling as it is based on your judgment. This way you can reap the benefits of the unpredictable session during trading time.
If you are going in for online trading you should do your research properly. There are many charges for every transaction or any other activity. Find about all of them and see what suits you best. The brokerage fee charged by the broker is one aspect of this. In addition to it there are many additional charges like commissions and fees charged for buy sell alerts, chart and other tools facility, mobile services, e-mail alerts and so on.
If you are a beginner, then you should always setup a stop loss. You should set a level of stop losses so that you don't face much risk. It is paramount to have a constant verification of the money debited/credited from your account for each trade executed because technical reasons might lead to discrepancy which cannot be avoided. If you are careful in the beginning there won't be any loss.
Discover the footsteps of the best stock trading system and how to use some insider secrets to trade stocks successfully: http://www.stocktradingfutures.org/blog. Article Provided by Soobash Badal
Article Source: http://EzineArticles.com/?expert=Soobash_Badal
Safe Online Trading - 6 Steps to Avoid Fraud
A few days ago I wrote an introductory article on the emergence of online B2B trading as one the most effective ways doing business globally. What I did not touch upon though, were the potential risks involved in trading through this medium. However, I intend to do that in this brief piece. Whenever I suggest people to expand their business through an online B2B portal (it has become a habit since i work for one:)) the first question they ask is "Is it Safe? Does it really work?". And then I have to go through the whole "Safe Trading" lecture for them.
So lets analyze B2B Portals from this angle - Credibility and Safety. Like any mode of business there are certain risks involved in doing business through B2B portals as well-Safety of Trade and Credibility of Buyers/Sellers being the most important. However, with certain pre-cautionary measures, these risks could be reduced considerably.
One of the most frequent problems I have seen people face is either no supply or wrong supply against their payments. The ratio gets higher when the Suppliers are based in Asia - China to be more precise. I have seen poor Americans, Brits and buyers from other European countries lose thousands of dollars against fake supplies. When I was new to this mode of business, I myself lost around $5000 to a Chinese Supplier, but i know some very good suppliers in China as well.
So why is it so? is B2B trading so unsafe? the answer is both yes and no. Now you might be wondering what that meant. But I'll list a few factors that should be kept in mind before proceeding with any business deal through a B2B Portal. Following these should eliminate most risks in online Trading.
1) Always Deal With Premium Suppliers
Yes, this is very important. Look everybody wants to make quick money. And in this age of scammers B2B portals provide the ideal hunting ground for people who want to make money without spending any. So Never ever deal with Free Suppliers. Always make sure your Supplier is a Premium Supplier, more preferably a Gold Supplier. This does not guarantee risk free transactions but it reduces the chances of fraud.
2) Study the Supplier's Profile
Make sure the supplier you are dealing with, is an active user of B2B portals and has a complete profile. By that I mean he has a detailed introduction of his company along with contact numbers and addresses. Also make sure he has professionally presented his credentials as a supplier. Serious Suppliers always work hard on the presentation of their Company.
3) Look for References
Ask the Supplier for other Buyers he has worked with. Ask him for at least 3-4 online references that can endorse his credibility as a supplier. Once he gives you some references, make sure you get in touch with them and ask for the details of their deals especially the modes of payment they adopted.
4) Ask the B2B Portal involved
Yes, you can do that as well. Ask the fraud departments of B2B portals to give you their view of the credibility of the supplier. Some B2B portals also charge for this but it is worth spending a little money to avoid any major loss. You may also browse different trading forums and ask the users about the supplier
5) Safety of Payment
LC is the safest mode of payment. Make sure you adopt it. However, for smaller deals, it is not always possible to work that way. So make sure you pay through some third party online services like Escrow. Never send payments directly to new suppliers through Direct Money Transfer Services.
6) Avoid Big Deals Initially
Never go for a huge transaction straight away. Specially with new suppliers. If possible, break your order into smaller segments. This might increase the cost of shipping to some extent but it reduces the risk considerably. However, with familiar suppliers you may go for bigger deals but be careful while doing that as well. These were some steps that I usually recommend people to consider while Trading Online. There are a few more tricks but i would leave that for some other time.
Do let me know if you found the article useful. Keep visiting Techxtramile for more on this topic.
The Author works for a leading B2B Trading Portal and shares his thoughts on his Technology Blog named Techxtramile.com
Article Source: http://EzineArticles.com/?expert=Muhammad_Jawad_Ali_Khana
So lets analyze B2B Portals from this angle - Credibility and Safety. Like any mode of business there are certain risks involved in doing business through B2B portals as well-Safety of Trade and Credibility of Buyers/Sellers being the most important. However, with certain pre-cautionary measures, these risks could be reduced considerably.
One of the most frequent problems I have seen people face is either no supply or wrong supply against their payments. The ratio gets higher when the Suppliers are based in Asia - China to be more precise. I have seen poor Americans, Brits and buyers from other European countries lose thousands of dollars against fake supplies. When I was new to this mode of business, I myself lost around $5000 to a Chinese Supplier, but i know some very good suppliers in China as well.
So why is it so? is B2B trading so unsafe? the answer is both yes and no. Now you might be wondering what that meant. But I'll list a few factors that should be kept in mind before proceeding with any business deal through a B2B Portal. Following these should eliminate most risks in online Trading.
1) Always Deal With Premium Suppliers
Yes, this is very important. Look everybody wants to make quick money. And in this age of scammers B2B portals provide the ideal hunting ground for people who want to make money without spending any. So Never ever deal with Free Suppliers. Always make sure your Supplier is a Premium Supplier, more preferably a Gold Supplier. This does not guarantee risk free transactions but it reduces the chances of fraud.
2) Study the Supplier's Profile
Make sure the supplier you are dealing with, is an active user of B2B portals and has a complete profile. By that I mean he has a detailed introduction of his company along with contact numbers and addresses. Also make sure he has professionally presented his credentials as a supplier. Serious Suppliers always work hard on the presentation of their Company.
3) Look for References
Ask the Supplier for other Buyers he has worked with. Ask him for at least 3-4 online references that can endorse his credibility as a supplier. Once he gives you some references, make sure you get in touch with them and ask for the details of their deals especially the modes of payment they adopted.
4) Ask the B2B Portal involved
Yes, you can do that as well. Ask the fraud departments of B2B portals to give you their view of the credibility of the supplier. Some B2B portals also charge for this but it is worth spending a little money to avoid any major loss. You may also browse different trading forums and ask the users about the supplier
5) Safety of Payment
LC is the safest mode of payment. Make sure you adopt it. However, for smaller deals, it is not always possible to work that way. So make sure you pay through some third party online services like Escrow. Never send payments directly to new suppliers through Direct Money Transfer Services.
6) Avoid Big Deals Initially
Never go for a huge transaction straight away. Specially with new suppliers. If possible, break your order into smaller segments. This might increase the cost of shipping to some extent but it reduces the risk considerably. However, with familiar suppliers you may go for bigger deals but be careful while doing that as well. These were some steps that I usually recommend people to consider while Trading Online. There are a few more tricks but i would leave that for some other time.
Do let me know if you found the article useful. Keep visiting Techxtramile for more on this topic.
The Author works for a leading B2B Trading Portal and shares his thoughts on his Technology Blog named Techxtramile.com
Article Source: http://EzineArticles.com/?expert=Muhammad_Jawad_Ali_Khana
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