Keeps Spreads Tight With ForexGen

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as
many Demo accounts , and Live accounts as you need. All accounts can be created online and
managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and
No Dealing Desk accounts in one Profile. Instant Approval.

FX trading is one of the few businesses where a trader can realise a large fortune starting with a small initial investment. This is because FX trading is highly leveraged, so a small margin can control a large position.

FX markets can show significant price movements, so there is a potential for large profits and losses.

This leverage and price volatility gives you an opportunity to make a high return on your money, or conversely make significant losses. Other pages on this site help you to develop a strategy to maximise profits and to close out losses quickly while they are still manageable.

Why ForexGen?

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.

Self sabotage With ForexGen

Self sabotage is when an FX trader unconsciously acts against their own best interest, and sabotages their opportunity for success. This is often very deep rooted, and stems from low self esteem.

Since FX trading offers an opportunity for financial success and the associated rewards, the unsuccessful trader feels that they don’t deserve success. Alternatively, when they do experience some success they may find this an uncomfortable change of circumstances - for example they may feel more comfortable relating to people on their own financial plane.

Whilst having an outward desire for change, they have an inward desire to remain the same. This leads to poor trading performance, because the trader unconsciously sabotages their own trading in order to avoid change. The way to eliminate self sabotage is to resolve the conflict.

The human mind works very quickly but logically, similarly to a computer. Like with a computer, garbage in equals garbage out. To resolve internal conflict, it is necessary to uncover the underlying false beliefs and replace them with new correct beliefs. This is something that a winning trader will spend time doing through reading, introspection, and perhaps working with a psychologist. A losing trader won’t do this work.

ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

Self-Profitable Accounts | ForexGen

Successful traders don’t have access to better information, trading models or broking facilities than losing traders. Their edge is mental: decisiveness, ability to be comfortable with uncertainty and responsibility for their own trading outcomes. They transcend the focus on money with attendant emotions of greed and fear, and see trading as a challenge and a game.

Losing traders typically wait for confirmation from others before they act, and want a broker to hold their hand. They do not use a tested model, but instead try to second guess the market and trade by the seat of their pants, or buy someone else’s trading model. They don’t manage risk or use stop losses and have unrealistic profit targets. When they lose, they typically look for someone to blame and avoid responsibility for their own actions.

The FX market is not the place to find out what type of person you are, but will quickly and ruthlessly reveal your true character and expose your limitations. Hopefully you will do the homework of working on your psyche before starting to trade.

Throughout our partnership with the industrial leaders, we are capable of delivering incomparable quality of online currency trading service.
ForexGen services are all controlled by the international banking and financial regulatory standards.
ForexGen is continuously providing the Forex market's safest trading terms & conditions. Providing professional currency trading services that meet our client's expectations is our first priority.

ForexGen Trade Execution

Short term FX market movement is essentially random. A Forex Trend is when average prices increase or decrease in the same direction over time, even though there may still be short term random price movement. Trend following is the basis of successful FX trading.

Changes in seasons illustrate the nature of exchange rates trends. When the season changes from winter to summer, there may be some cold days, but the average temperature increases over time, until it starts to gradually decrease (but with some warm days) as the seasons change from summer to autumn and back to winter.

Trends occur in FX markets for several reasons. Firstly, traders gradually assimilate information on long term economic changes and often change their price expectations in one direction over time. Secondly, price movements tend to be self perpetuating. When a trend is detected, traders follow the trend which reinforces it. This is an internal feedback loop within the market.

Following a trend is different to price forecasting or market prediction. Price forecasting is identification of patterns that generally lead to a future increase or decrease. This is very difficult to do.

In contrast, a forex trend following doesn’t involve prediction but simply recognition of the trend. The continued existence of the trend is a result of the nature of trends rather than any forecasting. This is similar to watching a wave. You don’t need to do any careful forecasting to know that the wave will move ahead and hit the shore - it is in the nature of a wave to continue until something stops it.

Within FX markets, there are short term, medium term and long term foreign currency trends. These are defined by the duration of the trend, as well as the amount of market movement. A long term trend has a duration from six weeks to several years and has market movement of 200 to thousands of pips. Within the long term trend, there are short and medium term trends. These may be in the same direction as the long term currency trend, or against it.

ForexGen provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.

Super-Low Spreads | ForexGen

There are two ways to learn how to trade currencies: The cheap way and the expensive way. If you’re new to forex, let me recommend that you seriously consider the former and let the latter go until you’ve got at least the basics figured out.

Obviously, the expensive way to learn how to trade the forex is to open an account with a broker, deposit several thousand dollars, and then go wading into the market with no idea what you’re doing. If you have more money then sense, then you might enjoy the ride.

The cheap way to learn how to trade forex is by not using real money. You are going to be amazed at how many bad trades you make when you’re first getting your feet wet. Those bad trades will wipe out your cash before you even know what happened.

It’s not just picking the wrong currency pairs that will trip you up in the beginning; it’s also your susceptibility to making the same common trading mistakes that so many new traders make including:

• Going too deep into your margin account
• Not having a trading system that works
• Trading based upon fear and greed
• Reacting to unfounded rumours and scare tactics
• Failing to analyse market-related news and world events
• Buying or selling into trends that have run their course
• Misunderstanding trading basics such as limit and market orders
• Failing to account for commissions when managing money
• Failing to account for slippage when the market is moving quickly
• Not accounting for the possibility of blowing stop-loss settings in a fast market

ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.