Tag: fx


In this 2-part series, we have taken an overview of the options within the Forex trading world. May this be a platform to launch into further studies for yourself. ____________________________________________________________________________________ The first article included a discussion of the following options: live account, managed accounts, PAMM account, and friendly betting. ____________________________________________________________________________________ In this second article the following options are discussed: auto account, Copy trading, Social Trading Networks, acquisition or auxiliary partner, and broker affiliate; as well as a final recommendation given. ____________________________________________________________________________________ ____________________________________________________________________________________ In the first article we explored these 4 options: Open a live account and become a trader Open a Forex managed account Open a PAMM account Place a bet with a friend related to gains in a demo account ____________________________________________________________________________________ In this second article we will explore: A further set of options are to partner with the robots: Open an Auto Account Copy other traders Other ways to get involved without bringing in capital: Partner with a PAMM account manager; rather than investing Become an affiliate of a broker; rather than becoming a client ____________________________________________________________________________________ 5) Open an Auto Account ____________________________________________________________________________________ There are a few types of ‘Auto Accounts’, some of which use computer algorithms for the trading decisions, Read more…


So far I’ve built up some experiences based on ‘fake’ money and following the emotional drive, which has led to significant losses and increasing losses. Since it is only a game, I recognize that I’m playing it rather than taking it seriously. From this perspective I’m unable to convince myself that it’s worth only practicing in a demo world. I see the need within myself to put real money on the line and see how I respond. In this 2-part series, we have taken an overview of the options within the Forex trading world. May this be a platform to launch into further studies for yourself. In this first article, the following options are discussed: live account, managed accounts, PAMM account, and friendly betting. The second article includes a discuwession of the following options: auto account, Copy trading, Social Trading Networks, acquisition or auxiliary partner, and broker affiliate;  as well as a final recommendation. ____________________________________________________________________________________ ____________________________________________________________________________________ Article Intention ____________________________________________________________________________________ Let’s look at our options of how to move forward. ____________________________________________________________________________________ Let’s say that you, like I, have spent some time trading in a demo account and are considering opening a live account, perhaps with a small amount of initial investment. Read more…