Archive for the ‘Trading’ Category

Yoga and Forex

Tuesday, April 19th, 2011

Everyone strives for success. Such notion as success can refer to different things and it depends on people’s characters and cultures, recent events or value system. Often success reckons a symbiosis of financial stability, good health and decent appearance. However, financial component of this formula has been condemned for a long time. Against the background of inwardness being the main value, money has been treated as a negative element in the human aspirations.

Recent investigations proved that financial stability is closely related to other parts of person’s satisfaction – there are some proofs of describing the financial matter in the most respectable doctrines. One of the most popular activities for a person of any age and sex is yoga. Many times yoga has proven that its main goal is comprehensive development of a personality including the financial provision.

Physical improvement is not the only positive effect of yoga exercises. It helps to perfect an appearance which is possible due to internal development and improvement of the emotional climate in a person’s consciousness.

It is curiously enough that the financial element of a man’s life and the world of yoga are closely connected. First of all, yoga exercises give confidence. It follows that self-confidence is a background of the financial success for both businessmen and people who work on the financial markets.

So if you spend an hour a day on yoga, your internal state will come to a balance, you will be self-confident, your emotions will be calm and, consequently, you will reasonably and consciously trade on Forex market. Pay attention to the balance of your mind and positive result on the currency market will not be a long time coming.

Added by Anna Shubina ,
InstaForex Clients’ relationship manager

Forex and Zodiac

Friday, April 8th, 2011

How do different zodiac signs behave when trading on Forex market? What mistakes are typical for each of them? Which symbols can bring them luck? Which numbers can be their lucky charm? Which currency is the most favourable for each sign?

As any activity, Forex trading requires certain skills and qualities, such as ability to analyze current events and predict their development.

Let us have a look at Forex trading from astrological point of view and find out which numbers and symbols can be fortunate or unfortunate for a trader.

Aries

Ruling planets: Mars

Symbols and charms: horn, red-yellow square, hammer, knife, gold.

Favourable colours: scarlet, orange; unfavourable colours: violet.

Favourable numbers: 9, 11, 4, 7.

Favourable days of week: Tuesday.

Unfavourable days of week: Friday, Saturday.

Currency: US dollar

Aries traders are the driving force of the market. Aries are usually characterized by the burst of emotions. They are inclined to financial ventures, have little patience to keep positions and tend to close deals prematurely. Aries are good at high volatility and get bored during stagnation.

Taurus

Ruling planets: Venus

Symbols and charms: winged bull, eagle-owl, golden calf

Favourable colours: yellow, green, rich orange; unfavourable colours: red.

Favourable numbers: 6, 16, 2, 4.

Favourable days of week: Monday, Friday.

Unfavourable days of week: Tuesday.

Currency: Australian dollar, Swiss franc.

Taurus traders have fascinating persistence; they always stick to the proven trading tactics. However, their stubbornness is not always good for them, sometimes it can lead to considerable losses because of their desire to keep an unprofitable position. As a rule, Taureans never panic.

Gemini

Ruling planets: Mercury

Symbols and charms: mask, hand.

Favourable colours: grey, violet, light yellow; unfavourable colours: green.

Favourable numbers:  18, 15, 12, 3, 5.

Favourable days of week: Wednesday.

Unfavourable days of week: Thursday.

Currency: British pound, Canadian dollar, US dollar.

Geminis are under protection of Mercury. Traders born under this sign are in their element being surrounded by this vast flow of information. Geminis are usually excellent traders and brokers.  Quick reaction and their ability of finding a way out of a complicated situation are the secret of their success on Forex market.

Cancer

Ruling planets: Moon

Symbols and charms: heart, cancer, clover, silver.

Favourable colours: blue, white, light blue, light green, silver.

Favourable numbers: multiple of 2.

Favourable days of week: Monday, Thursday.

Unfavourable days of week: Tuesday, Saturday.

Currency: Australian dollar, New Zealand dollar.

Despite the fact that Cancers are immersed into their feelings, they still can be very successful traders. With each unsuccessful deal they accumulate experience that helps them avoid such mistakes in the future. As a rule, Cancers open accounts in the most reliable and the least risky currencies.

Leo

Ruling planets: Sun

Symbols and charms: eagle, lion, swan, amber, gold.

Favourable colours: gold, purple; unfavourable colours: white.

Favourable numbers: 11, 5, 1, 9.

Favourable days of week: Sunday.

Unfavourable days of week: Saturday.

Currency: Japanese yen, euro, US dollar.

As a rule, Leo always gets the biggest prize, both on the market and in real life.

For Leo Forex trading is kind of a theatre performance where he/she plays the main role. However, their disadvantage is that they cannot stay on top because of their greed and constant doubts. Thus, Leo traders are recommended to consider the opinion of Forex analysts.

Virgo

Ruling planets:  Mercury

Symbols and charms: aster, red poppy, cube.

Favourable colours: light blue, violet, white, green.

Favourable numbers: multiple to 5 and 12

Favourable days of week: Wednesday.

Unfavourable days of week: Thursday, Friday.

Currency: Swiss franc, Japanese yen, US dollar.

Traders born under the sign of Virgo are more successful in their job than any other sign. There are many successful people among Virgos, who earned a fortune with the help of their intellect.

Their mental structure allows them to detect the slightest fluctuations on the market. Besides, Virgo traders are very patient. With the help of technical analysis Virgos make their most grandiose plans come true.

Libra

Ruling planets: Venus.

Symbols and charms: rose, violet.

Favourable colours: dark blue, pastel colours.

Favourable numbers: 7, 15, 8, 9.

Favourable days of week: Friday, Saturday.

Unfavourable days of week: Tuesday.

Currency: British pound, Chinese yuan.

Weak psychic setup and special character of Librans is quite incompatible with trading. However, if they decide to get a trading account, this is a big step. Since Forex trading requires quick decisions, Librans might stumble and hesitate to make choice. In order to become a successful trader Librans should overcome their lack of self-confidence and work out their own strategy.

Scorpio

Ruling planets: Mars, Pluto.

Symbols and charms: pyramid, pink, peony, Ophiucus.

Favourable colours: dark red, raspberry pink, yellow.

Favourable numbers: 4, 8, 10, 11, 100, 666.

Favourable days of week: Tuesday.

Unfavourable days of week: Monday, Friday.

Currency: euro, US dollar.

On the market Scorpios are inclined to be suspicious and explosive. Scorpios are really attracting money. There are many rich people among Scorpios. No matter the situation, Scorpios always look calm and confident, though they might be burning inside.

Even when everything is lost, Scorpio can quickly restore his/her funds. After years of trading Scorpio becomes a typical trading tycoon capable of conquering the market.

Sagittarius

Ruling planets: Jupiter

Symbols and charms: centaur, horseshoe, narcissus.

Favourable numbers: 4

Favourable days of week: Thursday.

Unfavourable days of week: Wednesday.

Currency: Canadian dollar, US dollar

Optimism, inclination for risk and excitement, the ability to invest properly are invariable qualities of Sagittarius. However, traders of this sign are not that good at analysis and forecasting. In order to avoid skipping relevant information Sagittarius should pay attention to the opinion of Forex analysts.

Capricorn

Ruling planets: Saturn.

Symbols and charms: clock, stairs, zigzag.

Favourable colours: black, ashy-grey, blue, brown.

Favourable days of week: Tuesday, Saturday.

Unfavourable days of week: Monday.

Numbers: 7, 8, 3, 5, 14.

Currency: Swiss franc, British pound.

Thanks to the inherent sense of proportion, obstinacy and insistence, Capricorns have all chances for success on Forex. In order to make impressive accomplishments on Forex, Capricorns should dedicate much time to gaining practical experience through attending seminars and master classes, and also reading specialized literature.

Pisces

Ruling planets: Neptune.

Symbols and charms: pearl, fish, wave.

Favourable colours: violet, steel-blue, sea-green.

Favourable numbers: 6, 7, multiple to 7.

Favourable days of week: Monday, Thursday.

Unfavourable days of week: Wednesday.

Currency: Australian dollar, New Zealand dollar, currencies of Eastern countries.

Innate intuition of Pisceans ensures their success on Forex. They hardly would examine charts, news and indices; they are more likely to estimate trading forecasts, appraise opinions of other market participants to make their conclusions. Pisceans have a great potential to become high-class analysts.

Aquarius

Ruling planets: Uranus

Symbols and charms: key, wings, hand.

Favourable colours: lilac, emerald-green, violet; unfavourable colours: black.

Favourable numbers: 9, 13, 2, 4, multiple to 4.

Favourable days of week: Wednesday, Saturday.

Currency: euro, Japanese yen.

Constant changes of market indicators, continuous information flow and market dynamics totally fit the temperament of Aquarius. They are good at dealing with information; however, their disadvantage is being careless, inconsistent and short-sighted. Collaboration of Aquarius and Virgo or Capricorn might bring remarkable results on Forex.

Added by Alexandr Petryanin,
InstaForex Clients’ relationship manager

Successful Female Traders

Friday, March 4th, 2011

The last story we are going to tell you concerns an 83-year-old retired lady called Ingeborg Mootz.  She comes from Giessen, the tiny town in Germany. This woman managed to gain as much as half a million euros and she is not going to stop trading.

Ingeborg Mootz

Ingeborg Mootz aged 83 has the most exciting story of success on the financial markets.  She made 500 000 euros on the stock exchange for 8 years. Yet, she is not going to abandon trading. Moreover, Mrs. Mootz means to boost her profit up to 1 000 000 euros  in future.

It is worth emphasizing that Mrs. Mootz does not have any diploma in finance and never has come to deal with stock trading for the whole life.

She spent 17 years of her life in poverty.  Ingeborg was brought up in a large poor family then she got married and became a housewife for the whole life. Her husband had some savings, but she had to literally beg him for each mark. All her attempts to find a job were suppressed by her husband.  A year before her husband’ decease Ingeborg had a sudden idea to try trading on the stock exchange, but she did not have any initial funds to start with.  However, after her husband deceased she came to know that he had acquired a thousand of securities of some companies’ group. This is what happened to be Ingeborg’s start-up capital.

Since then Ingeborg was destined to success. For the first year of working on the stock market her capital had a 100% gain and it increased further by 130% for the following year.  She managed to earn a million euros for 8 years. Ingeborg does not spend her savings: she prefers to invest them into trading. What she lives on is stock dividends.

At presents, Ingeborg Mootz is one of the most well-known people in Germany. She wrote a book, containing the detailed description of her trading technique, interviews with her and other useful material. She provides instructions to everyone, particularly to retired people, on how to easily make money on the stock market.

Operating on the stock market, Ingeborg always observes several well-pronounced rules. First, she does not invest her money but in bank securities. Second, Mrs. Mootz never joins investment funds or capital accumulation programmes offered by banks. As Ingeborg says, banks are the last to be dependent on fluctuations of supply and demand; they are not troubled with insufficient or unstable cash flows, so they are always capable of paying considerable stock dividends.

Ingeborg is happy to share her knowledge with all those concerned and interested and she also calls for all retirees in Germany to dare and to put an end to tastless life, resting on the state support only. What she offers to them is beginning to master their fate themselves by making profit on the stock exchange.

Added by Anna Shubina ,
InstaForex Clients’ relationship manager

Cynthia Kase

Wednesday, February 23rd, 2011

Further to our topic dedicated to successful women traders we would like to present the story of Cynthia Kase.

Cynthia Kase got acquainted with trading in August 1983 when she had to undergo a training program in the trading department of the company she was working in. It happened the same year when a contract for crude oil became available. Cynthia persuaded the company to install a compute in the trading room. Cynthia was experienced in computer technologies due to her technical education.

The first and the most important thing about trading realized by Cynthia was that in order to succeed on the market on should act separately from the crowd. Cynthia said several times: “You cannot listen to everybody. I think it is important to be focused, have enough sleep, stay calm and everything will fall into place. It is wrong to always be worried.”

At the moment Kase considers herself an absolutely technical trader, despite the fact that she has been a technical trader since 1985. Further Cynthia Kase starts to develop her own technical indicators that she offers to her clients. At present she is trading for herself and consulting about thirty corporate clients. Kase has developed and indicator – PeakOscilltor – that can use cross-comparison of markets and Dev-Stop – a technology of setting stop orders in accordance with market volatility. Kase has published three articles in Futures Magazine, where she described the technical indicators in details.

Since the first day on the market Kase has not employed intraday trading. Her average deal lasts for 3-10 days. Cynthia Kase prefers energy markets, at the same time she highlights that her technical indicators are suitable for all markets. She also favours physical futures over financial ones, since futures depend on unconditioned and political factors.

Besides, Cynthia Kase says that “There are three most important things. First, you should not listen to someone else’s advice. Second, there is no easy way. You cannot find the Holy Grail. Diligent work and persistence make a successful trader. And third, this should bring pleasure.”

Added by Alexandr Petryanin,
InstaForex Clients’ relationship manager

Stories of Successful Female Traders

Thursday, February 17th, 2011

Prior to the International Women’s Day we will tell you about successful female traders who reached success on the financial markets and earned fame.

The first one in our list of successful women – Lora Pederson.

Laura Pedersen – trading genius

Laura came to Wall Street at the age of 17. Her age did not allow to take part in “adult” games. However, she made an agreement with her employer that she would be a non-staff worker. But she started playing. At 24 years old she managed to earn 1,5 million dollars.

Being young Lora was selling tomatoes at her mother’s farm, in that period a remarkable business talent was disclosed. Later she started playing poker quite well, put money on a horse and never made a mistake. At 10 she asked to present her the shares of Coca-Cola Company. At the age of 14 Laura went to New York on excursion to the American Stock Exchange. She left study at the Michigan University in the first year, as she did not see any practical benefit in getting the higher education.

Since 1984 Laura started working as a clerk earning just a small amount of money. The point of her job was in replacing the traders who were going on vacation. She learned fast to participate in virtual wrangles. Her parents were violent opponents of their daughter’s activity, but for 4 years work at the company she made her employers richer by 5 billion dollars. Even in the period of a total downturn she managed to gain 100 million dollars.

However, her career finished as precipitately as it started. The doctors found a serious disease recommending her to leave the job.

Later she wrote a book “Play Money”. Her book has become a triumphal epitaph of live trading craft left in order to please the omnivorous technological monster of electronic commerce.

Added by Anna Shubina ,
InstaForex Clients’ relationship manager