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		<title>What’s YOUR Sticking Point?</title>
		<link>http://onlineforextradingsystems.wordpress.com/2008/02/02/what%e2%80%99s-your-sticking-point/</link>
		<comments>http://onlineforextradingsystems.wordpress.com/2008/02/02/what%e2%80%99s-your-sticking-point/#comments</comments>
		<pubDate>Sat, 02 Feb 2008 03:10:32 +0000</pubDate>
		<dc:creator>onlineforextradingsystems</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[When we start something new, we often have a huge burst of enthusiasm and energy that carries us through the early stages. But eventually the newness wears off, and the project settles down into a daily grind. We reach a sticking point of one kind or another and get hung up. read more &#124; digg [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=onlineforextradingsystems.wordpress.com&amp;blog=2477981&amp;post=13&amp;subd=onlineforextradingsystems&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>When we start something new, we often have a huge burst of enthusiasm and energy that carries us through the early stages. But eventually the newness wears off, and the project settles down into a daily grind. We reach a sticking point of one kind or another and get hung up.</p>
<p><a href="http://www.lifehack.org/articles/productivity/whats-your-sticking-point.html">read more</a> | <a href="http://digg.com/educational/What_s_YOUR_Sticking_Point">digg story</a></p>
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			<media:title type="html">Online Forex Trading Systems</media:title>
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		<title>Is Forex Hedging For You?</title>
		<link>http://onlineforextradingsystems.wordpress.com/2008/01/09/is-forex-hedging-for-you/</link>
		<comments>http://onlineforextradingsystems.wordpress.com/2008/01/09/is-forex-hedging-for-you/#comments</comments>
		<pubDate>Wed, 09 Jan 2008 18:41:09 +0000</pubDate>
		<dc:creator>onlineforextradingsystems</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Forex Hedging Can do One Of Two Things: 1) Create Substantial Amounts Of Income 2) Protect An Investment Is This For You? You can make substantial profits Currency Trading due to the leverage available against your initial investment. This is also a fast paced market which offers constant oppurtunity. I recommend you take a look [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=onlineforextradingsystems.wordpress.com&amp;blog=2477981&amp;post=12&amp;subd=onlineforextradingsystems&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Forex Hedging Can do One Of Two Things:</p>
<p>1)  Create Substantial Amounts Of Income<br />
2)  Protect An Investment</p>
<p>Is This For You?<br />
You can make substantial profits Currency Trading due to the leverage available against your initial investment. This is also a fast paced market which offers constant oppurtunity.<br />
I recommend you take a look at this.</p>
<p><a href="http://www.squidoo.com/forex-hedging">read more</a> | <a href="http://digg.com/business_finance/Is_Forex_Hedging_For_You">digg story</a></p>
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			<media:title type="html">Online Forex Trading Systems</media:title>
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		<item>
		<title>Online Forex Trading Systems Beginner’s Guide « Onlineforextradingsystems’s Weblog</title>
		<link>http://onlineforextradingsystems.wordpress.com/2008/01/09/online-forex-trading-systems-beginner%e2%80%99s-guide-%c2%ab-onlineforextradingsystems%e2%80%99s-weblog/</link>
		<comments>http://onlineforextradingsystems.wordpress.com/2008/01/09/online-forex-trading-systems-beginner%e2%80%99s-guide-%c2%ab-onlineforextradingsystems%e2%80%99s-weblog/#comments</comments>
		<pubDate>Wed, 09 Jan 2008 02:34:41 +0000</pubDate>
		<dc:creator>onlineforextradingsystems</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Online Forex Trading Systems Beginner’s Guide « Onlineforextradingsystems’s Weblog<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=onlineforextradingsystems.wordpress.com&amp;blog=2477981&amp;post=11&amp;subd=onlineforextradingsystems&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://onlineforextradingsystems.wordpress.com/2008/01/09/hello-world/">Online Forex Trading Systems Beginner’s Guide « Onlineforextradingsystems’s Weblog</a></p>
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			<media:title type="html">Online Forex Trading Systems</media:title>
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		<title>Online Forex Trading Systems Beginner&#8217;s Guide</title>
		<link>http://onlineforextradingsystems.wordpress.com/2008/01/09/hello-world/</link>
		<comments>http://onlineforextradingsystems.wordpress.com/2008/01/09/hello-world/#comments</comments>
		<pubDate>Wed, 09 Jan 2008 01:49:36 +0000</pubDate>
		<dc:creator>onlineforextradingsystems</dc:creator>
				<category><![CDATA[forex trading guide]]></category>
		<category><![CDATA[online forex trading Systems]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[forex specialist]]></category>
		<category><![CDATA[Forex trading beginner's guide]]></category>
		<category><![CDATA[forexindicators]]></category>
		<category><![CDATA[forexstrategies]]></category>

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		<description><![CDATA[ Ah, the foreign exchange market! So exciting and fast-paced. So much risk, yet so much potential. Every new prospector is drawn to the adrenaline rush of speculative currency trading. It is that element of risk that makes success that much sweeter. It also that same element of risk that drives so many new investors to seek [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=onlineforextradingsystems.wordpress.com&amp;blog=2477981&amp;post=1&amp;subd=onlineforextradingsystems&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><b><span style="font-family:Arial;"> </span></b><span style="font-family:Arial;">Ah, the foreign exchange market! So exciting and fast-paced. So much risk, yet so much potential. Every new prospector is drawn to the adrenaline rush of speculative currency trading. It is that element of risk that makes success that much sweeter.</span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">It also that same element of risk that drives so many new investors to seek out the &#8216;ultimate trading system&#8217;. You get into Forex and you realize it is not as simple as it looked from the outside. The speed and complexity of market movements is mind-boggling. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">Perhaps you&#8217;ve already opened a demo account, and practiced making trades. Maybe you went ahead and opened a live account, lost an embarrassing chunk of money, and are back at square one &#8212; looking for that &#8216;magic bullet&#8217;. </span><span style="font-family:Arial;"> </span><br />
<span style="font-family:Arial;">The question to ask yourself is: “Do I really need a better trading system, or do I just need a better grip on Forex?”</span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">It may surprise you to know that the answer is: </span><span style="font-family:Arial;">“Both.”</span></p>
<p><span style="font-family:Arial;"></span><span style="font-family:Arial;"> </span><a href="http://en.support.wordpress.com/affiliate-links/"><img border="0" src="http://www.shareasale.com/image/ad22.jpg" /></a></p>
<p align="center">&nbsp;</p>
<p><span style="font-family:Arial;">Why?</span><span style="font-family:Arial;"> </span></p>
<p style="margin:0 4.3pt;" class="MsoNormal"><span style="font-family:Arial;">Quite simply, the better you understand Forex, the more likely you are to choose a trading system that fits your needs. Put another way:<span>  </span>the <i>less</i> you understand Forex, the more likely you are to choose the wrong trading system! </span></p>
<p style="margin:0 4.3pt;" class="MsoNormal"><span style="font-family:Arial;"></span></p>
<p><span style="font-family:Arial;"> </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">In order to see why, let&#8217;s discuss the nature of Forex trading systems and what they&#8217;re really intended to do for you.</span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">First, there are roughly two kinds of trading systems:<span>  </span>&#8216;signal service&#8217; systems and &#8216;complete&#8217;, strategic systems &#8212; and I almost hesitate to refer to &#8216;signal services&#8217; as &#8216;trading systems&#8217; at all. Keep reading, and you&#8217;ll see why. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">Signal services are convenient tools for experienced spot traders. The primary role of a signal service is to send you &#8216;signals&#8217; or &#8216;alerts&#8217; about market movements as they arise, according to popular Forex indicators like the Relative Strength Index and MACD lines. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">Typically, these services send &#8216;buy/sell&#8217; alerts (and/or general &#8216;movement&#8217; alerts) to their subscribers via the subscriber&#8217;s preferred method of communication: e-mail SMS or text-message alert, etc. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">What many of these services <i>do not</i> do, however, is provide with you with a trading strategy or &#8216;auto-trading&#8217; option.<span>  </span>In order to get that kind of service, you must go with a broker who provides a &#8216;complete&#8217; trading system, and not merely a glorified signal service. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">How can you tell which brokers offer truly complete trading platforms?<span>  </span></span><span style="font-family:Arial;"> </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">There are a couple of things to look for when evaluating potential brokers. The first thing to look for is full disclosure of trading strategies.</span><span style="font-family:Arial;"> </span><span style="font-family:Arial;"><span> </span>If a given brokerage company really is in business to help you succeed, then you should easily be able to find some wording on their web site about proprietary trading strategies. Many brokers offer &#8216;auto trading&#8217; services, where trades are made on your behalf, based on these strategies. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">This type of service can be invaluable. However, it may also hinder you if the broker is unwilling to disclose the nature of the strategies involved.<span>  </span>Your best bet is to find a brokerage that lets you choose when and whether to use the auto-trade feature. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">If the broker provides new clients with in-depth training on their strategies, that&#8217;s</span><span style="font-family:Arial;"><span> </span>even better. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">The other thing to look for is &#8216;specialization&#8217;, but this can be tricky. Some brokerages will claim to be Forex specialists, when they are really just &#8216;fly-by-night&#8217; scams based on risky trading strategies. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">It is often far better to go with a &#8216;name brand&#8217; brokerage that treats Forex as a specialized component within a broader package. What your account may lack in &#8216;cutting-edge&#8217; options will be more than made up for by common sense policies and safety measures. A really good broker will be as risk-averse with your money as you are. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">Finally, it is important that you take the time to develop your <i>own</i> trading strategies. Take the time to sit down and flesh out your entry and exit tactics. </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">How much do you want to risk per trade? How much margin are you comfortable with trading on?<span>  </span>Do you have recovery strategy in the event your trades take you below margin?</span><span style="font-family:Arial;">How do you intend to manage the overall growth of your portfolio? Will you take profits out or reinvest them to a target goal? </span><span style="font-family:Arial;"> </span><span style="font-family:Arial;">Answering these questions ahead of time will help you choose the right trading system for your needs. </span><span style="font-family:Arial;"> </span></p>
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