ForexGen Academy

If you are an experienced ‘FOREX’ Trader or just a beginner

looking for the opportunities offered in the ‘FOREX’ market, Forexgen has created ForexGen Academy to give you the chance to get a ‘FOREX’ education and improve your trading skills. No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.
How to Get Started?
People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.
Step 1: "Practice makes perfect"Demo trade. The demo account was designed to help traders gain familiarity with the speed and movements of the market. When you are demo trading, you should learn how to: 1) place market orders to enter a trade, 2) place stop-loss orders to protect your positions, and limit orders to take profits, 3) place OCO orders and If Done Orders to execute more advanced strategies. for more informations....
Step 2: "Study, Study, Study".Forex 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. learn more....
Step 3: Manage your money wisely.You should always be aware of the amount of money in your account before placing a trade. If you think a long-term trend is developing, then you should consider whether you have enough funds to maintain your margin and withstand any movements against your position(s) that may occur. We encourage everyone who opens an account with us to ask themselves the following questions prior to entering each trade: 1) How much am I willing to risk?2) What is my upside and downside potential?3) What are the market conditions? (Is the market volatile or calm?)4) What is the logic behind entering this trade?5) When can I conclude if the assumptions/logic behind the trade are/is correct or wrong? Before entering an order, you should consider both your entry and exit points. One of the mistakes most commonly made by traders, especially new traders, is letting emotions get in the way of their strategy.join Forexgen academy now....
Step 4: Open a Live Account.If you feel ready to trade this market, fill out our application forms and submit them today. Since the emotional factor may be higher than it was when you were demo-trading (as you are now committing real money), it is essential that you develop an effective strategy while demo-trading and plan to abide by it when trading your live account. Forexgen hope you enjoy trading with us and wish you the best of luck!

Forex Articles With Forexgen

Forexgen include here a growing collection of in-house articles which cover all aspects of the foreign exchange market and Forex trading which we hope will be useful to both the professional trader and to those who are just learning to trade on the Forex market.



The articles which are currently available are listed below:



The History Of Forex Trading:

Although the history of foreign currency trading dates back to the middle ages, it is the events of the last century that have shaped the Forex market we see today.for more informations....





The 4 Elements Of Any Good Trading Market:

In any market there must be four elements present if the market is to favor investors and these four elements are particular strong in the case of the Forex market.





5 Reasons For Becoming A World Currency Trader:

If you are contemplating becoming a world currency trader then here are five good reasons for taking the plunge.





Forex Traders Come In Various Shapes And Sizes:

The Forex market has changed considerably in recent years and now boasts a range of buyers and sellers ranging from the very largest of institutions to the very smallest of private investors.





The Role Of The Commercial Banks In World Currency Trading:

The commercial and investment banks play a central role in the foreign exchange market but, while they are still the main players in the market, their position has shifted in recent years.





How A Forex Trade Works:

Learning Forex trading can be a little bit confusing until you have worked your way through a few trades and started to get to grips with trading terminology.learn more....





Calculating Pip Values:

In a Forex trade it is important to be able to quickly and easily calculate pip values as these are the building blocks of any trading profit or loss.





Forex Trading - Profiting From Rising and Falling Exchange Rates:

One of the beauties of foreign exchange trading lies in the fact that you can profit from bit a rising and a falling market.read more.....





Calculating Interest On Forex Trades:

Since many Forex trades are conducted using borrowed funds it is important to understand the effects of interest payments of a foreign exchange trade.





How To Analyze Movements In The Forex Market:

The secret to profiting from foreign exchange trading lies in the ability of a trader to predict the direction in which the market is moving and this means getting to grips with market analysis.





The 4 Main Types Of Order In The Foreign Exchange Market:
There are various different was in which orders can be placed in the Forex market and here we look at the four main foreign exchange trading orders.for more informations....





The Dangers Of Getting Emotional About A Forex Trade:

Emotion is a powerful driving force for any Forex trader but there are considerably dangers in allowing emotion to dictate your decisions when it comes to foreign exchange trading.read more....





Draw Up A Set Of Forex Trading Rules And Stick To Them:

The Forex market allow very considerable trading freedom but successful traders know only too well the dangers of trading without a set of rules to follow.





The Dangers Of Trading Without Stop Loss Orders:

Stop loss orders are designed to limit trading loses and yet a surprising large number of traders choose to ignore this basic trading tool.read more....





Trading A Market Which Is Always On The Move:

The fact that the Forex market is always on the move provides traders with the opportunity to make money, but it also carries with it a number of dangers which traders need to be aware of.





Forex Traders Need To Be Objective:

The foreign currency market can be unpredictable at times and it is extremely important for Forex traders to maintain a sense of objectivity if they are to succeed.





The Value Of Simulated Forex Trading To Currency Trading Success:

Most Forex traders consider paper trades to be merely a training tool but, as many successful traders are discovering, they can used very profitably even if you have been trading for many years.read more.....





The Most Commonly Seen Forex Trading Mistake:

There are many mistakes made by Forex traders every day but one mistakes stands head and shoulders above the rest when it comes to reversing your fortunes.





The Second Most Commonly Seen Forex Trading Mistake:

Emotion is a powerful force when it comes to Forex trading and is very largely responsible for two of the most commonly seen mistakes in foreign currency trading.





Forex Trading Strategies Are The Key To Successful Trading:

Before rushing headlong into the world of foreign currency trading it is vitally important to sit down and think carefully about different Forex trading strategies to decide just what strategy you intend to adopt.





Why Most Forex Traders Use Technical Analysis:

Despite the fact that Forex traders have traditionally based their trading decision upon a fundamental analysis of the market, and increasing number of traders are now turning to technical analysis. Here we examine the reason for this.read more.....





Just What Goes Into Making A Successful Forex Trader?:

The many thousands of foreign exchange traders can be split into those who are successful and earn a lot of money and those who merely scrape by. But what sets these two groups apart?





An Introduction To Fundamental Analysis:

Most Forex traders rely on a combination of technical and fundamental analysis to make their trading decisions and this brief article provides an introduction to fundamental analysis.for more informations...





A Forex Trading Mentor Is The True Key To Successful Trading:

There are a number of ways to go about learning Forex trading from merely reading up on the subject to taking an online training course or attending a course in your nearest major city. Whatever method you choose however there is no doubt that real success in foreign currency trading comes from following a master trader or Forex trading mentor.





Learn Forex Trading Online And Get Ahead Of The Game:

Nowadays the Internet has brought foreign currency trading to a very large audience but it would be unwise to jump into trading without the right level of Forex education.learn more...





The Importance Of Selecting The Best Forex Training:

Forex trading is both fun and lucrative although it is also extremely competitive and volatile and anybody who wants to join in the fun will need to have the best Forex training.to learn more about trading....





The Advantages Of Automated Forex Day Trading:

Foreign currency trading is already hugely popular and the advent of automated Forex day trading will only enhance its position as a truly exceptional investment vehicle.





The Importance Of Real Time Forex Charts:

A good understanding of technical analysis and, in particular, the ability to read real time forex charts is essential for any forex trader. For the novice this means picking up some free chart pattern recognition software for forex and taking time to master the program.for more informations....





How To Make Money In Foreign Exchange:

Forex trading is increasing daily in popularity because it is a superb way to make money trading from the comfort of your own home as long as you know how to make money in foreign exchange.

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Mini Forex Trading With Forexgen

If you are just starting out in foreign currency trading then you will almost certainly want to start by trying your hand with a mini Forex trading account.

Although it varies from one broker to the next, a Forex trading account can usually be opened with $2,500 or more. However, for those who are new to the world of currency trading then a Forex mini trading account can be opened for as little as just $250 with forexgen.

A standard account will usually be operated in trading lots of 100,000 (meaning that you have to purchase 100,000 dollars, euros, yen etc.) whereas a mini Forex account you will normally allow you to trade in lots of just 10,000.for more informations....

With Forexgen's standard accounts you can trade with mini and micro lots that means that you have to purchase(10,000 or 100,000 dollars,euros,yen,etc) whereas a mini account with Forexgen allows you to trade micro and mini accounts, that means that you have to purchase 1000 or 10000 dollars,euros,yen...etc.

A mini Forex trading account operates by allowing you to use leverage in trading so that you are effectively trading with more money than you actually have in your account. The leverage available with Forexgen is from 1:200 up to 1:500 for a mini account,that means for example if you opened a mini account with forexgen with a deposite of $250 and leverage 1:500 you will get $500 for each 1 dollar of your $250 deposite indorder to enlarge you investment size.read more....

This is of course a very simple introduction to online mini account Forex trading and there is a little bit more to it than portrayed here.for more informations...
Nevertheless, the principle behind Forex mini trading is simply to allow those who are just starting out in the world of foreign exchange trading to learn the ropes without investing too much money or taking too high a risk.read more....

Learn Forex Trading Online With Forexgen

Where do you start if you want to learn currency trading?

Well a good starting point is to look at just what Forex trading is and who the players in this market are. We should also think about just why you should be learning online Forex trading and thinking about starting you own online Forex trading business.

The Forex market (which is sometimes referred to as the FX market and for which the full title is The Foreign Exchange Market) was established as we know it today in 1971 following the demise of fixed currency exchanges. Forex currency trading is conducted around the clock, 5 days a week, and daily currency trades are worth in the region of $1.9 trillion US dollars. This means that the Forex the largest market in the world and puts the major stock markets very firmly into second place.read more....

A world-wide market established to facilitate the buying and selling of currency, the Forex market involves large organizations, such as central governments, commercial companies and international commercial banks as well as smaller players such as brokerage houses and individual brokers.

There is no set location for the market (although there are major trading centers around the world in a number of cities such as London, Frankfurt, New York and Tokyo) but it is essentially an 'over-the-counter' market with the vast majority of trading being conducted by telephone and on the internet.for more inforamtions...

The exchange of currencies is a central element in supporting global trade and, as the major currencies such as the US dollar (USD), the British pound (GBP), the Euro (EUR), the Japanes yen (JPY) and others move against each other and the foreign currency exchange rate for any given pair of currencies changes, there is the opportunity to make money from currency exchanges.
The major players in the market take advantage of this by buying and selling in deals which often run into many millions of dollars, but the smaller players are also extremely active and often trade in deals of as low as one hundred thousand dollars. And, by trading on the back on the smaller players, individuals can get into the market with a lot less than that!

The fact that even small players can join this market means that, as long as you are prepared to take the time to understand the currency markets and to learn the skills of Forex trading, then, with a little bit of capital to invest, it is possible to enjoy an excellent income from online currency trading.to lear more please join forexgen academy

Despite the fact that you cannot trade on your own and will have to use the services of a Forex broker, you certainly don't need a fortune and many Forex brokers will now allow you to open an online Forex mini account with as little as $250 but now with forexgen you can open a mini account starting with $250.

Forexgen's Both existing and new clients will get the following bonus on new deposit credited to live accounts after 15 July 2008
Earn 10 cents on each mini lot you open on your live account and $ 1 on each standard lot you open on your standard account
This offer will expire by end of August.