Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Managed Forex Account - What is a Managed Forex Trading Account
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A managed forex trading account can give an investor who cannot watch the market 24 hours a
day an opportunity to participate in the colossal world of forex trading. A managed forex account
may also be appropriate for the investor who prefers to have his capital managed by
professionals. Studies of professionally managed forex trading accounts have shown returns that
are not related to the performance of the stock market. Consequently, allocating a portion of an
investment portfolio to a forex managed account may be an appropriate way to increase the
portfolio's total diversification.
"People often ask me 'How should I start trading with my managed forex trading account?' or
'What should I do to start making money trading?' The answer is simple - you need to know what
you are doing. The Pip Scooper program will definitely show you how to make money. I have seen
it work personally. I have seen it do wonders for other traders. I know it can make you a lot of
money too. If you buy the Pip Scooper and you trade the system according to the rules, you will
make money. Simple as that."
-Ashkan Bolour, Fund Manager, Bolour Capital Management
Managed Forex Trading is the name given to the "direct access" trading of foreign currencies.
With an average daily volume of $1.5 trillion, the Forex far exceeds the $30 billion daily turnover
by the New York Stock Exchange and is 46 times larger than all the futures markets combined.
For these reasons, the Forex is one of the world's largest and most liquid markets, making a
Managed Forex Trading Account a savvy investment choice.
A Managed Forex Trading Account offers investors the benefit of Foreign Currency Trading along
with the accessibility of funds 24 hours a day. This unique approach to managed forex trading
bypasses the broker and empowers the client with complete control over their funds.
When opening a Managed Forex Account, a reasonable amount of money is needed, typically
starting from $25,000 and $50,000 is idea.
The risks can be high but also controllable. Forex traders around the world are competing against
other Forex traders, banks, and institutional traders who are seeking the same potential rewards
from their own trading activities. One benefit to using FXCM is that it can provide rapid execution
at the Limit and Stop-Loss order prices and can make the best effort to fill their trade at the price
requested. But remember, FOREX trading is speculative and any capital used should be risk
capital.
So who do you deposit your money with? This is the most frequently asked question and the one
that has to give us peace for the answer. Some investment brokers need a check written directly
2. to them or their investment firms, while investing other Forex Managed Accounts can be
completely different. You should open your own account with a broker which gives you complete
control over your own funds. The goal is so you can deposit or withdraw any amount at anytime
day or night from your Managed Forex Account. It's your money so you should have control over
it, and not some other company. When you open an account with a broker, its best that they will
link your account to a Managed Forex Trading account so you can have the benefits of a system
and have complete access to your money at the same time. This is a very unique approach but
one that has proven to be greatly desired by investors throughout the FOREX market.
The returns are always unknown as all ways in a trading market like this. Just because a market
was doing good in the past, does not mean it will do better in the future. Your investment will
greatly depend on the present market conditions in relationship to the specific trading models used
for execution of trades.
With any good reputable company, they will have you sign a LPOA, Limited Power Of Attorney.
This allows your personal account with the company to be funded by the LPOA to link your
account with the Managed Forex Trading account and trade funds for you.
Dallas Sumahit is an online researcher on the current news and resources about managed forex
accounts [http://emzine-articles.com/forex/managed-forex-trading].
If you find these tips on forex accounts useful, then you can learn a lot more by visiting my website
at [http://managed-forex-account-review.com]
Article Source:
http://EzineArticles.com/?expert=Dallas_Sumahit
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