Best Pills for Male Enhancement and More Stamina

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Have You Tried Demo Trading? It is Free

What is the idea with opening a demo account? What do I stand to gain with demo trading?

A demo account is a form of virtual account that has the full capabilities of a real account offered to individuals and organizations by most currency brokers. The idea behind opening a demo account in a nut shell is to help you practice or in most cases prepare for the “real deal”, let us not forget to mention that it is also free.

The brokers that offer free demo accounts also want you to learn how to use their trading platform, enjoy yourselves as you maximize your skills trading with them without risks and finally open real trading accounts with them.

The benefits you derive from demo trading are some worth numerous considering the ample opportunity of not risking real money while learning to trade the currency market or choosing from a wide range of trading platforms that meets your taste and developing your trading skills acquired through time and practice.

In general, the need for demo trading can not be over emphasized. Every newbie, young and old, is advised to demo trade for at least 6 months, if not longer, to improve and test their trading skills; In most cases, the instinct to get-rich-quick might urge you to overlook demo trading and put in real money to start making cash. Beware! You do not want to risk losing all your money.

Find a good broker, open a demo account with them and be punctual in developing your trade skills.
Bear in mind that “the road to success is always under construction”, so do not stop learning.

Using Forex Demo Accounts to Learn Forex Trading

Getting started in Forex Trading can be a daunting prospect especially if your only previous financial experience was just balancing your check book.

You could start with reading all there is in the library about money markets and Forex trading and then move on to opening an account with a Forex Broker and start trading in the hope that all that reading up has sunk in and you’ll be trading like the best of them. Or you can dive straight in with using a broker and hope they are going to give you sound advice and explain how it works so you don’t lose all your money. Or you could download a free eBook to find out if you want to go ahead with trading on the Forex markets and then open a Forex demo account to help you get acquainted with how it all works in practice without risking the shirt off your back!

There are a lot of Forex Demo Accounts out there to choose from and you do have to do a little research sometimes to find the right Forex demo account to use as each one varies in complexity and the help that is available. Another variable is how long you can operate the account.

Most accounts last for 30 days but others can be six weeks, six months and just a few offer unlimited time. Also some Forex demo account providers will allow you to extend your account time without making you open a Live account while others will require you to change from a Forex demo account to a Live Forex trading account, which is a daunting prospect indeed if you are still trying to grasp the essentials of Forex trading. There are a just couple of other things to consider when choosing a Forex demo account and these are; size of the account, i.e practice money they give you, and whether they offer real time or close to real time rates.

I guess that all sounds a bit complicated but I can assure you that it really is not.Using a demo account is a GREAT way to dip your toe in the waters of Forex trading without completely taking the plunge or even worse, taking a bath!

How NOT To Do a Forex Demo

I opened up my first Forex demo account with the intention of making a fortune by trading in the Forex market. It is a given that before you attempt to trade, you should open a demo account, and I am grateful that I had the intelligence to at least do that before I started live trading.

I had seen ads for a large Forex broker, and because they seemed to be well-known and popular, I decided to go to that broker’s website and apply for my Forex demo account. The application process took only a very few minutes, and after confirming my e-mail address, I was on my way, or so I thought.

When I finally got the trading platform downloaded and installed, and opened it up for the first time, I was confronted with a dazzling array of numbers, currency symbols and tables that were very unfamiliar. I did see that there were charts available, and since I had some experience with charts in the stock market, I decided to start there. I opened a few charts for what I later learned were some of the major currency pairs, and even found some indicators that I was familiar with. I applied a few indicators, and played around with the charts until I had a very impressive looking screen in front of me.

I returned to the main trading screen, and proceeded to watch the prices change quite rapidly before my eyes. It all got more and more intimidating, and I never got much beyond that point. I think that I bought 1 lot of a currency pair, and watched the prices move for a few minutes, and then sold it again (for a loss). But other than that, I didn’t do anything else with my Forex demo at that time.

The problem is, I had gone about the whole thing backwards. There really is no sense in opening up a Forex demo account unless you have a system that you are intending to trade, and that you want to test and practice with before you start live trading. You have to have a plan, which means a system that you intend to follow, to determine four things:

What currency pairs you will trade.
When to buy.
How much to buy.
When to sell.

Unless you know the answer to those 4 questions, a demo account is going to be nothing more than a very intimidating screen full of currency pairs and moving prices.

It wasn’t until about a year later that I found a system that made sense to me, and finally opened a demo account that I would really use. And when I opened up the trading platform this time, I knew exactly what I was going to do, because my system answered those 4 key questions for me.

Now, I am happy to say that Forex trading is a big part of my life. I have since started a newsletter and blog, in which I share the system I use with anyone who is interested in learning this amazing way of making money. I encourage you to learn how to trade the Forex market. But I hope you will start a little more intelligently than I did, and that means, starting with a system!

Open a Forex Demo Account to Get Ready for Challenges Ahead

When it comes to acquiring knowledge of how to trade in the forex market, the majority of beginners find it a highly complicated affair. A forex demo account can eliminate the pressure by creating an environment similar to the market with no spending of real money. This way, a novel trader in this business can achieve valuable insight and assurance, and subsequently make use of the experience earned in demos for live trading with real money.

Similar to any service program, there are both positive and negative aspects of using a demo forex account. First of all, the major positive point is studying how to trade and how to utilize the trading platform itself. A demo gets you acquainted with the fundamentals of trading. For instance, you can be taught how to execute a trade, make the trade, and carry out the trade. In the second place, you can have a specific, even though simulated, feel of the FX market itself and forecast the probabilities of profits against losses.

On the flip side, there are negative aspects of a forex demo account. To begin with, there is little pressure to handle, so you will be less motivated to invest money in the best possible manner. Secondly, the simulated abilities may deliver a fake notion of security in foreign exchange trading, and may not get converted to profits in real trades. In the third place, the quotes you receive in demos may change significantly as soon as the live trading commences. Though there are certain disadvantages, the advantages you gain in a demo forex account outnumber the possible risks.

As far as the features are concerned, demo accounts are very much the same as live accounts. The only exception is the use of virtual money instead of real money. To be able to use a forex demo, a novice has to visit the internet first, open a demo account, and subsequently make use of the suitable software. While using the software program, he/she comes across the value of diverse currencies and afterward attempts to make a forecast concerning a particular one, such as the USD or the United States dollar.

If you think that a different currency will come down compared to the USD, then you can carry on trading for that currency with the USD and sell it when the value gets elevated, thereby making a profit in the end. As a trader, your goal must be to buy low and sell high, which is the bedrock of the trading process.

Having a clear knowledge of the demo forex account will allow you to get the feel of the market and continuous practice will make you ready for the real battle. The subsequent challenge is to possess adequate funds and persistence for trading, so as to gain marginal profits frequently that rise and fall everyday.

The Advantages of Opening a Trial ECN Forex Demo Account

ECN Forex trading has become increasingly popular in recent years, offering the opportunity for smaller market participants to successfully trade currencies. These individuals can buy and sell currencies according to their current price on the market, and with the help of an ECN Forex broker, they have access to major banks who are selling and buying these currencies.

To get started in this kind of trading, it is often recommended by experts to open a free demo account on one of many of the reputable online broker sites. Rather than plunging head first into the world of trading, there are some distinct benefits to practising first of all.

It should be noted that there are now many ECN Forex broker websites available, the vast majority of which will offer a free trial account so that you can practice and enjoy all the benefits of a free ‘fantasy’ trading account before you invest real money. You will, of course, have to first determine the best websites to sign up to, however.

The first benefit of signing up for a demo account is that it will allow you the opportunity to learn about Forex trading, even if you are starting off with no skills or knowledge whatsoever. This is important, as with any type of trading, it is knowledge and strategy that will allow you to succeed or cause you to fail.

Many of the websites offering these kinds of brokerage services for individuals will provide free and paid trading options allowing you to learn all that you need to succeed. Many of these will be available if you sign up for a free account, meaning that you have a wealth of exclusive and expert knowledge at your fingertips to help you.

The second major benefit signing up for a demo account is that it will allow you to practice what you have learnt, meaning that you can put into practice skills, strategies and knowledge without taking any risks. This is a great thing in many ways, specifically in the fact that you do not have to risk any of your own money.

Trading is, of course, a financial risk, and a demo account in a ‘fantasy’ Forex market allows you to play for free, seeing if your choices result in success or failure. This will give you plenty of experience in which to start trading in real money when you feel that you are confident and ready to embark on your journey in real life trading.

The downside is that if you are experiencing major success in your demo account, you will not actually be reaping the rewards in real life. It is important to be patient during this learning curve, however, as you will be gaining important knowledge and experience that will help you succeed more often when you start investing real money.

Another significant advantage to using a demo account is that the ECN Forex broker website will actually provide these for free or for a very low fee. This means that you can dabble in Forex trading with no or very little financial investment of your own to see if it is right for you.

Indeed, many people are keen to get started in trading or investing but do not know which method is best for them. If trading on the currency market appeals, it is often well worth registering for a trial account to see if it is indeed a good fit. Although some people will find that it is not for them, others will find it enjoyable and discover that they are successful at it.

These are just a few of the advantages of signing up for a free demo account on any of the many reputable ECN Forex broker websites. From accessing expert knowledge to getting plenty of useful practice, there are many reasons why such an account might be for you.

Binary Options Demo Account

Opening a demo account dealing with binary options and with a trusted broker is an excellent method to learn the binary options market. If you are considering risking money to get into the binary options trading, first open a money-free trading account. Demos will teach you how to master your binary options and provides the option to broaden or expand the functionality of your account, start a broader account and use delayed starter options account.

To become successful and profitable, gain a mastery of online trading. If you are happy with the progress you make and find that you are confident in trading, partner with the companies you worked with using their free binary option demo accounts.

Play it Safe before You Invest

Demo accounts provide real life experiences in trading. You actively engage in trading in the current market. Learning about binary options includes experiencing the stock market, reading tables, and following trends. Develop your trading strategy without risking real money. These accounts offer resources for both the novice and the expert trader. Training gives accessibility to broker platforms where you can conduct no-risk trades. Learn how to use analysis tools, plus using platform features.

There are two types of these accounts. The most typical account is the standard free account that permits you access different trading platforms, educational materials and broker features. However, standard accounts do not enable simulated trading. You may want to invest in a demo account that offers the same educational materials of a standard account, but gives you the choice to take part in simulated binary options trading.

There are several brokers that offer demo accounts complete with the opportunity to participate in simulated trading. These brokers are also considered to be highly reputable and perhaps investment houses that you may want to partner with when you open a real trading account.

Broker Investment Houses

OptionFair provides a demo account that offers trading simulators used to experience real trading. This simulator provides trade types to be tested and instruction tools and resources. You have access to trading webinars and tutorials to enhance your learning curve.

Try out OptionBit a broker providing demo accounts with simulated trading inside an actual platform. There are e-Courses and training to those who have never traded. After learning on the demo account, OptionBit offers trading tutorials and a platform identical to the demo account.

A third option is Banc De Binary. Their account comprises of $50,000 in trading funds to be used in the simulated trade tutorial. You will need to establish a conventional account with a deposit of $250 before you have access to the account. This is a bit different than free binary options ones, but if you are serious about entering into binary options trading you will have a huge advantage over those who just use non-funded simulators.

Trading Forex – Using Your Demo Account

Virtually all Forex brokers provide you with a fantastic training tool, a demo account. It is an account funded with simulated funds, but behaving like a real one. Both prices and transactions are meant to simulate actual trading on given platform. In theory, trades executed in the practice account should have the feel and behavior of factual sell/buy orders.

Opening demo is a very straightforward process. One fills out a form, in electronic form, with a broker of his/her choice, follows simple steps and within few minutes new account is set up and ready to use. That is all there is to it. Depending on broker, there is 50,000 or 100,000 dollars of virtual funds available for trading.

First thing one should to do is to change to amount of money in demo to a level in line with personal means. If you have 5000 or 10,000 dollars available for trading, you should reset the balance in the account to that amount. The purpose of having demo account is to simulate realistic market conditions, not playing fantasy games.

Next thing one should do is to learn the mechanics of the trading platform. There are subtle variations, from broker to broker, in the way trading is conducted. They offer different types of orders. Learn how to properly place market orders, how to set up targets, stop loss and any other variation platform offers. Are contingent orders available? One cancels other(OCO)? How far from market price can you place limit buy/sell order? And so on. These things are a little different from platform to platform and must be learned before trading can start. A lot of money has been lost because of improperly placed orders. You want to practice it in your demo account.

Now the fun part. Find out what analytical capabilities trading software provides. Do you do a lot of technical analysis? Does the platform provide system integration, automated trading, news feed?Are there back testing capabilities? Software packages offered by brokers are getting increasingly more complex. Vast majority of traders will never use all the features offered, so chose what you need and keep your screen organized.

Most traders forget about demo accounts once they start real trading. A mistake. One should keep it for as long as possible. Some of them never expire, so they are always available. Some expire after 30 days. However, as long as you have a live account, you should always be offered demo. Now, sometimes you might have to re-register every 30 days. Check your brokers policy and make sure your demo is always up and running.

Why? Well, trading is not a static endeavor. One should always do research, work on new trading approaches, in other words practice. Created new system? Try it out in demo first. Like somebody else trading signals? Try them out first and give it some time. Has your broker just introduced new tools to the trading platform? Give them a shot in your demo.

Don’t forget your practice account. Even if you trade live, there is still plenty you can do in your demo. Great tool, so use it. One more thing- it is free.

Mike P. Kulej is a Chief Forex Strategist for Spectrum Forex LLC. He specializes in mechanical trading systems as explained on [http://www.spectrumforex.com] . Spectrum Forex LLC offers numerous services to individual traders. With questions and comments e-mail him at [email protected]

Article Source: http://EzineArticles.com/expert/Mike_Kulej/110320

Opening a Forex Account Part II – Your Personal Requirements

Your Own Requirements

Just as important as the external regulations, when opening forex account, is what are YOUR requirements for your brokerage company? Unfortunately for novice traders this is very much a “Catch-22” situation, because being a novice trader you don’t yet know what your trading habits and preferences are. So the best you can do is open demo accounts with 2-3 brokers, preferably using different platforms and see what suits you best. After a month of practicing you will know how often you like to trade, how much risk you are willing to take, for how long you leave your trades open and then the task of choosing a broker will be much easier for you based on these requirements. Now let’s take a look at some of the requirements which a trader may have towards their broker when opening Forex account.

There are some universal requirements that apply to all traders and some which depend on your trading style/habits. The more important universal characteristics of the broker that you need to consider when opening forex account are:

Do they charge you for withdrawals. Ideally you would not want to associate with a broker who charges you for withdrawals. If you are happy with any other aspect of how they are running their business then perhaps you could suck it up and accept some reasonable (in the range of $20) fees for bank wire withdrawal transfers. But the mere fact that they are charging their clients for withdrawals is an indication that they are trying to prevent (artificially!) the clients from taking their earnings which is definitely not a good sign.
Do they have a dealing desk or are they a Market Maker (MM) broker?. This is very important if you intend to do short-term trading (a.k.a. “scalping” or “pip sniping”). If you leave your trades open for a day or longer then this should not matter that much. You see, when you scalp your Dealing-Desk or MM broker you, are essentially trading against them as you have not given them a chance to consolidate their trades at the end of the day and to pass them on to their interbank liquidity providers. This is a lose-lose situation for you because you if you constantly lose you are… well… losing; and if you constantly win you are irritating your MM broker as this costs them money and they will eventually start to take action against you and may even decide to terminate your account as they would rather lose a client then have a client which is costing them money. So if you intend to do intraday trading and especially scalping – ask your broker what is their policy on it. Some brokers will openly tell you that they don’t mind it (e.g. FXCM or MB Trading) as they don’t have a dealing desk and so they don’t care – they pass your orders straight through to the banks. Others, e.g. FXOpen or ODL Securities don’t like this and will tell you just as openly that scalping is not welcome on their servers. Yet others like IBFX (who say that they don’t have a Dealing desk but in reality – they do!) will give you the run-around and a ton of canned answers and if you sniff this – you can be sure that scalping is not welcome on this broker’s servers! To be fare to IBFX – they are actually a very good broker in most other aspects as long as you don’t intend to scalp. Oh and don’t expect any good interest rates with IBFX either.
What are this broker’s spreads. Again, spreads are mostly important if you intend to scalp. On a trade which stays open 2 days and gains 150 pips it does not really matter whether you opened it with a 2-pip spread or a 3-pip spread.

If you rely on carry trading, correlation hedging and making profit on swaps then you will need to look for a broker which offers high swap rates, such as for example FXDD or Alpari. In this case IBFX or FXOpen will not be a good broker choice for you, as their swap rates are awful. To tell the truth, at present, due to the global economic crisis very few central banks offer any good interest rates (with the exception of Australia and New Zealand) so carry trading and swap rates are not a significant factor these days like they used to be a few years or even a year ago.

Last but definitely not least – before before opening forex account ask yourself this: do you plan to use AUTOMATED TRADING tools such as Expert Advisers (EAs)? If you want to use automatic Expert Advisers (i.e. Forex robots) then you need a broker with a Meta Trader platform, such as IBFX or FXDD. There are many brokers out there offering the MetaTrader platform to their clients. By the way – FXCM also support MT4 but not for the micro account clients.

Intelligent and adapting, the Forex robots are quickly becoming an industry standard and a must for both institutional and individual traders. While they may lack the ability to see the big picture or interpret the news — the so called “market hunch” of experienced Forex traders — they can teach a beginner trader a thing or two, the most important ones being trading discipline, eliminating emotional decisions and strictly following a trading plan.

Did you know that in 2006, over 25% of all Forex orders and over 40% of all orders at the London Stock Exchange, were entered by automated software trading robots? These numbers are expected to double by 2010. Still think that trading robots are a fad, a scam or simply don’t work?

If you want to read more about a proven, affordable and profitable system that can make you money take a look at this review of FAP-Turbo. During a NINE year testing period this software turned over 95% winners and had an extremely low drawdown (0.35%)!

Alan Bentler is a veteran trader and an editor at http://www.fxsoftwaresolutions.com

Article Source: http://EzineArticles.com/expert/Alan_Bentler/83388

Top Ten Biggest Actor Demo Reel Mistakes

A great demo reel alone can get an actor cast for a role, and a poor demo reel can do the exact opposite. With the increasing availability to consumers of editing technology, many novices have taken it upon themselves to edit demo reels, including actors attempting to create their own marketing materials. These actors leave themselves vulnerable to making many “rookie” mistakes based on personal biases or a lack of strategic knowledge. This may result in getting left out of an audition based solely on their reel’s editing, and not because of his or her acting.

1. Montages – Opening montages at the head of a demo reel are a nuisance and a waste of time for casting directors. Most montages do not highlight acting skills, which is what the casting director needs to see. Montages are nothing more than a fast-paced video scrapbook, showing off a variety of brief moments from various projects. Actors feel that this shows that they have worked a great deal, a detail that the paper resume should highlight. Montages also give the editor a chance to bring his creativity to the forefront of your reel, showing off his skills, not yours – not to mention the fees accrued for editing the montage. If you still want a montage, put it at the end of the demo reel. Start your reel off with a powerful performance clip. That is what the casting director wants to see.

2. A Poor Opening Scene – The opening scene in a demo reel, your “establishing shot,” needs to illustrate strong acting skills, a compelling character, and perhaps a condensed emotional arc. A powerful opening performance can cast a light of brilliance across the rest of the demo reel, keeping the casting director engaged and eager to see the next clip.

3. Not updating – It is both vital and very advantageous that actors keep their demo reel up to date with their most current and compelling projects. Just like a paper resume, actors want to highlight their most recent accomplishments. Like the headshot, an actor’s reel should reflect one’s current on-camera appearance. There is nothing more annoying to a casting director than outdated and inaccurate headshots, and the same applies to reels.

Einstein once said, “Insanity is doing the same thing over and over and expecting different results.” If your reel is not working for you, try rearranging the clip order; adding, and even removing scenes you currently have represented.

4. No Head Shots! – It is against industry standards to put a headshot in an acting reel. The inserted headshot takes precious seconds away from the casting director’s attention span. By the time a casting director watches a reel, they have already seen the actors headshot(s) and likely reviewed the resume. Casting directors start with headshots then move to demo reels as they narrow their search.

5. Stars by Association – Casting directors are looking to hire an individual based on their talent, not who they have shared screen time with. An actor’s demo reel moments should be his or her own, and not highlight a famous co-star’s performance. A star’s presence can help to elevate you. However, the right scene for utilizing star power must have a matching performance that showcases the actor whose demo reel it is. If during a scene with a star an actor does not have any lines, or their face is not visible, or they are off-screen most of the time, then it is not the right scene for a demo reel. A skilled editor can usually recut a scene to bring focus off a co-star and onto the actor, who’s reel is ideally showcasing.

6. Multiple clips of the Same Character – Returning to a character previously seen in the same demo is not ideal, but can be effective in some circumstances such as when a character has two distinct emotions in the film, but perhaps does not arc within a single clip. Time is of the utmost importance in a demo reel and demonstrating versatility as an actor is key. It must be considered that a given character may not be what the casting director is looking for; therefore repeating more of the character portrayal would only reinforce a negative image.

7. Staying in a scene for too long – Most scenes should definitely be edited for performance to under 30 seconds, however there are scenes that can warrant more than the allotted time. The ideal scene will show versatility, range, and the ability to show an emotional arc of a character in less than 30 seconds. The moment a scene feels repetitive it is time to edit the scene down or move on to the next clip in a demo reel.

8. Bad Acting – Too often people try to put as many scenes as possible in their reel in an attempt to show experience. Putting a piece of bad acting in a reel, no matter how pretty or handsome you look, can truly hurt your ability to get an audition. It is far better to have one strong and compelling scene than three mediocre ones. When it comes to demo reels, less is more.

9. Too Long or too Short – The industry standard on length has shortened along with attention span, and is presently three minutes or less, with some exceptions ranging up to four minutes. A reel’s length will vary based on the number and quality of scenes an actor has at their disposal. If it’s longer than that, it is typically for a higher profile actor, whose demo reel goes straight to the producer/director often bypassing the casting director all together.

10. Poor Editing – Every actor must have a demo reel, just as they must have a headshot. Yes, some actors can shoot their own headshots, but most know they cannot. However, actors do often choose to attempt to edit their own demo reels on consumer software. Make the investment in your career by having it cut professionally. A professional demo reel editor can take a scene that is focused on another character and transform it into a scene highlighting YOUR character and performance, to help emphasize the actor whose demo it is and underplaying or minimizing the other actors present in a scene. A skilled editor can do this seamlessly, so that it looks and sounds like the original cut of the film. With so many actors doing the editing themselves, it has become an opportunity for those who do use a professional demo reel editor to outshine those who do not.

Demo Reel Specialist/Editor: Shaun Wood
ContrarianMind.com
Los Angeles, CA

Article Source: http://EzineArticles.com/expert/Shaun_M_Wood/1431936