Monday, August 10, 2009
Thursday, August 6, 2009
Managed Online Trading Accounts - How Good Are They
The byword here is control and how much of you want to have over your account. There are generally two sorts of investors in the market, and this is stretching the terms over a wide demographic of buyers and sellers over a range of commodities and markets all over the world. Now on one side of the fence is the active investor, who wants to have as much control as they can over their portfolio, dictating the trends of their investment psychology and choosing which commodities and markets to attack and just what type of strategy to use to make the most money from them all.
There is another breed of investors, and these are the people that prefer to earn a little less, but have their accounts managed as a passive solution to beef up their primary income. Now within this range is the investor who likes to take the long view, still very much in control of their trading account, buying mostly long term commodities or futures, and making the money off the difference much later on. Then there are those who much prefer to just open up a managed account in a bank or an established brokerage, where they can then just allow the financial operators to manage their account and take a percentage of any profits that are made.
This is a low risk option because it is in the best interests of the financial company to ensure that the money in the account grows. The more that grows, the more they earn, so both sides of investors are happy. The investor gets money from basically not doing anything at all, but earning a percentage of what they could if they were to do it on their own. Now there are certain benefits to a managed account, and this is called the rolling effect. It takes a little time, but within a few years, you would have a substantial passive income from these managed accounts of yours. This is for those who have only a modest start up margin to put in.
Normal managed accounts would return you about half or 50% of what you would normally earn, and you need to be smart and use the profits to open up as many managed accounts as you can. Choose your markets and your commodities wisely and make sure that the portfolio is low risk and there is a guaranteed rate of return. So when you can build up this momentum and have a few managed accounts running and overlapping each other, you will soon be in a position to have generated a large passive income over time.
Of course, the option to invest yourself will make you more money faster, but there is a higher risk there. Just with any other investment option out there, risks and rewards go hand in hand; no risk, no reward, as the old saying goes. So there are benefits to a managed account, just as there are downsides. Look at them both and decide for yourself.
Click Here to claim your Free Forex "Basic Momentum Analysis" report today! Christopher Lee helps thousands of traders learn the proper way to trade currency.
Article Source: http://EzineArticles.com/?expert=Christopher_M_Lee
There is another breed of investors, and these are the people that prefer to earn a little less, but have their accounts managed as a passive solution to beef up their primary income. Now within this range is the investor who likes to take the long view, still very much in control of their trading account, buying mostly long term commodities or futures, and making the money off the difference much later on. Then there are those who much prefer to just open up a managed account in a bank or an established brokerage, where they can then just allow the financial operators to manage their account and take a percentage of any profits that are made.
This is a low risk option because it is in the best interests of the financial company to ensure that the money in the account grows. The more that grows, the more they earn, so both sides of investors are happy. The investor gets money from basically not doing anything at all, but earning a percentage of what they could if they were to do it on their own. Now there are certain benefits to a managed account, and this is called the rolling effect. It takes a little time, but within a few years, you would have a substantial passive income from these managed accounts of yours. This is for those who have only a modest start up margin to put in.
Normal managed accounts would return you about half or 50% of what you would normally earn, and you need to be smart and use the profits to open up as many managed accounts as you can. Choose your markets and your commodities wisely and make sure that the portfolio is low risk and there is a guaranteed rate of return. So when you can build up this momentum and have a few managed accounts running and overlapping each other, you will soon be in a position to have generated a large passive income over time.
Of course, the option to invest yourself will make you more money faster, but there is a higher risk there. Just with any other investment option out there, risks and rewards go hand in hand; no risk, no reward, as the old saying goes. So there are benefits to a managed account, just as there are downsides. Look at them both and decide for yourself.
Click Here to claim your Free Forex "Basic Momentum Analysis" report today! Christopher Lee helps thousands of traders learn the proper way to trade currency.
Article Source: http://EzineArticles.com/?expert=Christopher_M_Lee
Forex Trading Strategy - What You Need to Know First
oney management. There is nothing more that you need to have as a base to your money making experience than a way to track the money you are putting in, losing and winning on the Forex market. You need to have the fundamentals of money management to assess and support the strategies that you are employing on the Forex market. There is no point just investing and not being able to track your performance.
Your money diary is one of the key ways you are going to be able to track your progress and see where the mistakes are being made. Having a holistic time table and juxtaposing your money matters right next to it is one key ways that you are going to see if you are taking the right steps and the right direction towards the Forex market. If you are losing money, especially within a certain week, then you know that the current strategies that you are employing are not working for that time frame. The other thing is, it will alert you the different conditions that had been going on for that week alone.
This means that you can then investigate exactly what happened during that time that has actually made your tactics irrelevant and from there you can tweak or even overhaul the tactics on your own. With these little micro management abilities, you can have a holistic attack on the market and get the different perspectives and different conditions added into the market analysis.
The next thing you need to do is to choose the right brokerage and the right broker to work this and this is sometimes the most overlooked fact that most retail investors will not consider., Your broker should not only be based on how good he or she is or what their track record is like, you need to be able to communicate with the broker and form a good relationship with them and once you can do this, you will be able to gain a leverage on the market.
Also, you should check against the company that they are working with and you can do this quite easily actually. Never go in blind and this is the mistake that so many people are making. You cannot trust a company with your money just on the basis on how well they have done in the past. You need be able to trust them and know all there is to know about them.
Transparency in the market is one of the most important things to know. The last thing you need to have to formulate a good Forex strategy is as much information as you can on the market, the trends, the technical analysis and the fundamental analysis you need to be able to form a strategy. Making money on the commodities market is not hard, but staying there and making your presence felt is something different completely. Before you can formulate a proper Forex strategy you need all of these elements.
Click Here to claim your Free Forex "Basic Momentum Analysis" report today! Christopher Lee helps thousands of traders learn the proper way to trade currency.
Article Source: http://EzineArticles.com/?expert=Christopher_M_Lee
Your money diary is one of the key ways you are going to be able to track your progress and see where the mistakes are being made. Having a holistic time table and juxtaposing your money matters right next to it is one key ways that you are going to see if you are taking the right steps and the right direction towards the Forex market. If you are losing money, especially within a certain week, then you know that the current strategies that you are employing are not working for that time frame. The other thing is, it will alert you the different conditions that had been going on for that week alone.
This means that you can then investigate exactly what happened during that time that has actually made your tactics irrelevant and from there you can tweak or even overhaul the tactics on your own. With these little micro management abilities, you can have a holistic attack on the market and get the different perspectives and different conditions added into the market analysis.
The next thing you need to do is to choose the right brokerage and the right broker to work this and this is sometimes the most overlooked fact that most retail investors will not consider., Your broker should not only be based on how good he or she is or what their track record is like, you need to be able to communicate with the broker and form a good relationship with them and once you can do this, you will be able to gain a leverage on the market.
Also, you should check against the company that they are working with and you can do this quite easily actually. Never go in blind and this is the mistake that so many people are making. You cannot trust a company with your money just on the basis on how well they have done in the past. You need be able to trust them and know all there is to know about them.
Transparency in the market is one of the most important things to know. The last thing you need to have to formulate a good Forex strategy is as much information as you can on the market, the trends, the technical analysis and the fundamental analysis you need to be able to form a strategy. Making money on the commodities market is not hard, but staying there and making your presence felt is something different completely. Before you can formulate a proper Forex strategy you need all of these elements.
Click Here to claim your Free Forex "Basic Momentum Analysis" report today! Christopher Lee helps thousands of traders learn the proper way to trade currency.
Article Source: http://EzineArticles.com/?expert=Christopher_M_Lee
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