How to take opportunity during recession

With the weakening of USD there is speculations that recession is nearing. It is normal that most of us fear it, but it is possible to take advantage of the situation.
The following video feed “Flirting with Recession” further explains:

Forex Profit Accelerator – Video Review

Salam to All,

I’m experimenting with video content on my blog and installed WP-Youtube wordpress plug in to make my job easier.

As my previous post was about Forex Profit Accelerator, I chose to post a video review of the product by djenyns.

Enjoy the video feed.

Now, have you figure out how to accelerate your forex profits?

Forex Profit Accelerator – Giveaway Contest

Salam to All,

I’m not sure if you guys know about this, but I’m sure it’s already being circulated all over internet and if you being a person like me who never fail to subscribe to any forex newsletter, the news about Forex Profit Accelerator’s 2nd release and the giveaway contest must have been delivered to your mailbox by now. Participants of the contest need to drop comments that answers these two questions from Bill Poulos:

1. WHY do you want to trade the markets (besides the money)?
I’m looking for the ultimate reason you got interested in trading in the first place.
What does all that money get you?

2. HOW will trading with the Forex Profit Accelerator help you?

So to make long story short, I have dropped in a comment in Forex Profit Accelerator’s official website in my attempt to GET one copy. Why the hell that I said GET and not WIN the giveaway prize – Forex Profit Accelerator ?

You have to see my comments for yourself (grin.. grin)

You too can join this contest by visiting the link below:

Forex Profit Accelerator Giveaway

p/s:
How do you find my comments there compared to others? Do you think I will stand a chance to GET my hands on the prize? Please leave a comment.

Forex – Start small or big?

Salam to All,

Start (your account) small or big? Hmmm.. I get this question a lot from my friends who are interested in forex and can’t wait to get it on.

Well, it truly depends on your preference and affordability. But the best of all, nowadays we have plenty of brokers who are willing to accept just a small amount of money to allow you to open a trading account with them. Unlike years ago, where you need to fork up USD100K to open a full size account, online broker nowadays allows traders to open up mini accounts and start trading for as little as USD5.

Personally, I have opened and account with Marketiva , free registration and was given USD5 in the account for me to get started.

I have also opened an account with NorthFinance, a broker that allow the use of Metatrader4 as trading platform with USD300 as a starting account which I think is appropriate for a beginner like myself at that time.

Another broker that I think worth to mention is FXOpen also a Metatrader4 based platform broker that allows you to have initial deposit for as low as USD1 for Micro account and USD25 for Standard account.

Or the best thing yet, if you like to have a feel of what forex is all about, just register for a demo account with any of the broker above (no commitments what so ever) and have your account deposited with as much as USD100K (virtual money only ok, what do you expect?? haha) and you can start doubling (or blowing) your demo forex trading account in no time.

Regardless of that my advice to you all is, what ever or how ever big (or small) your trading account is, never ever risk more than you can lose, set your leverage and margin right and trade sanely with clear and defined strategies.

While small sized account enables you to start trading at no time, larger size accounts say USD1K (with a proper leverage and margin set) enables your trade to have more room to breath, you can have larger (not too tight) stop loss and etc. allowing you to trade with less pressure than trading with smaller account and small margin.

With so much options that you have, just make you choice, and be wise with it.

p/s:
Hmm I was digging around for my old files earlier and found these Marketiva Handbook that I made few months back. I guess I’ll have it for you guys to download and read it just for fun.
You can find the download links below. Happy reading ya!

Marketiva Simple Handbook (English)
Panduan Mudah Marketiva (Bahasa Melayu)