Recently, Bill Poulos – one of the Forex trading industry’s most respected trading educators made a discovery about Forex day trading that he’s finally ready to share.

From what I’ve seen, NO ONE I know is trading Forex like this (yet)… not to mention this completely turns traditional "Forex day trading" on its ear…

Bill recorded a new training video this past weekend that "pulls back the covers" on this discovery & reveals how you can shield your portfolio from risk…

-especially if you’re inexperienced & have little time.

Watch Bill’s video here:

Bill Poulos’s Forex Discovery Revealed On Video

THE BIG SURPRISE?

During his research, Bill confirmed what I (and others) suspected for a long time:

* The collapsing & struggling global economies are creating pressures that, in turn, are creating more profit potential than we’ve ever seen before in the Forex markets.

That may come as a big surprise, especially if you’re new to trading… but he explains in his training video why this is happening, and how you can get in on it.

You’ll also discover:

* How you can literally TRIPLE your profit potential when you use a little-known trick that has to do with the predominant rend…

* 2 strange "retracement tricks"  most traders flat-out MISS,which, if you know how to spot them, can turn an otherwise losing trade into a profit powerhouse…

* The huge "edge" you get over other traders when you discover how to, almost automatically, "throw yourself" in front of the highest-potential trend…

* The #1 key to trading Forex you MUST do EVERY SINGLE TIME before you place a trade before even thinking about profit. When you do this, you automatically "up the odds" that a profit will unfold…

* …and a TON more.

If you’re interested in Forex trading, or have even been a little "spooked" by what’s been going on in the Forex markets, then this may be the most important trading video you’ll ever see this year.

Why? Because after you watch it, you’ll be SCRAMBLING to start trading Forex this way…

It finally brings flexibility and customization to Forex day trading so that ANYONE can have an "edge", whether you only have 20 minutes to trade, or if you have all day. Your choice.

It’s awesome (and surprisingly simple)…

Watch it here:

Bill Poulos’s Forex Discovery Revealed On Video

When you day trade forex, you are under a huge amount of stress. You may not realize it, but it is there and it contributes to most of the stupid mistakes and bad trading decisions that are made by traders. Reducing your stress is so important, it can actually have a better effect on your bottom line than improving your system.  Here are a few tips to help you keep your stress down and your profits up.

1. Take breaks

You have heard this before, but do you do it? Just walking away from the screen for 5 minutes every hour can improve your clarity of thought and therefore your trading. It is also good for your circulation and may help prevent thrombosis, a potential killer. Use a kitchen timer or popup on screen reminder software.

If you day trade forex and do not want to leave the screen with an open trade, be sure to take a break after every trade that you close, whether or not it was successful. This will help you come fresh to the next trade.

2. Join a forum

Forex trading can be a lonely business. Family and friends are usually not interested and cannot appreciate the highs and lows of your day. Becoming a regular user of an online forex forum or bulletin board makes you part of a community that can feel a lot like having work colleagues.

You will make useful contacts, have somewhere to boast of your triumphs and probably, from time to time, appreciate the support of other members when things are not going so well. You can also pick up a lot of trading tips and keep up to date on developments in the world of currency trading through membership of a forum. Be careful not to waste too much time there, but check in briefly most days to flick through the latest discussion threads.

3. Check the forex news calendar

At the start of your day, be sure to check a forex calendar or news service for any announcements or reports that are expected during the day. Do not rely on your forum membership for market news. When you know what the day is likely to bring from the moment you sit down, you can plan your trading hours. You will feel more in control of your day and your trades.

4. Get exercise

Exercising the body keeps the mind as well as the body ready for action. Starting your day with a workout or run can give you a great energy boost. Exercise also releases endorphins, making you feel more positive. While you could take exercise later in the day, early or mid morning is the best time if you want your trading as well as your muscles to reap the benefit.

5. Get a life

Do not fall into the trap of letting your computer become your world. If forex trading takes over every aspect of your life, burnout is almost inevitable. Schedule time with your family and friends, vacations and time for sports or hobbies. Take time to eat healthily too. All of these things will make the time that you do spend in front of your screen more productive, so that you can day trade forex with less stress and more profit.

Getting into the lucrative world of currency trading has become very easy since the introduction of automated currency trading systems, also known as forex robots. Instead of having to study for many years how to develop and operate a successful trading system and dealing with all the stress of trading in the fast and high powered forex market, beginners are now able to download ‘set and forget’ software that will do all of the trading for them.

What is more, you can now enter the forex market with very little capital. Since the internet has made its way into most every home in the western world and many beyond, competition among forex brokers for this huge new client base has been fierce. This has led to a massive lowering of the bar on new accounts. Where a few years ago you needed thousands of dollars to even open an account, you can now start with a few hundred or even less. Again, this favors the beginner.

But can you actually make money with forex robots? The answer, as with most things, is that it works for some people and not for others. Of course the automated currency trading systems themselves vary and some have a better track record than others. Nevertheless, even the most successful forex robot does not come with any guarantee that you will make money using it. So there are a few things that you should consider in order to decide whether automated currency trading is the way to make your financial dreams come true.

First, it is vital not to expect to make a lot of money immediately. The reason for this is that you will need some time to set up and test the robot on what is called a demo account before you risk any real money on trading. All traders make mistakes when they begin and this is one way to ensure that you do not lose your shirt when that happens. It also means that you can be comfortably convinced that you will actually make money with it. If it does not work for you, the good news is that you can normally get a refund on the cost of the robot, so provided you kept to a demo account you have no risk in getting started.

Once this is done and you are consistently making profits in the demo account, you can switch to live trading. At that point you can leave your robot to work on autopilot any time that your computer is connected up. The currency markets are open 24 hours a day, and while of course there is no way that a human being could trade during all 24 hours, an automated currency trading system sure can, so you have many more opportunities to make money than if you were trading by yourself.

There are many automated currency trading software on the market. The most frequintly used is:

No Loss Robot

This review takes a close look at the Easy-Forex – the brokerage services offered by the popular Europe-based Forex broker.

Can You Trust Them?

Let’s take the small print first because when you are considering signing up with a Forex broker, your first task must be to check how long they have been established and whether they hold membership of any regulatory bodies.

Easy-Forex is an international broker with separate websites for traders in USA, UK, Australia and rest of the world. The company operates as a foreign exchange market maker offering trading services to residents over 150 countries. They have been in business since 2003 and have offices in 9 countries including the USA, UK and Australia.

The company’s registered address is in Cyprus, which is a member of the EU, but as forex brokers they are regulated in several different countries. They are registered with the CCFC and NFA in the USA, the Cyprus Securities & Exchange Commission to cover the EU, and they hold an Australian Financial Services Licence with the Australian Securities & Investments Commission. So this is a well established international broker.

Because of the high level of regulation in countries like the US and EU with strict financial services legislation, they do require proof of identity before you can withdraw. To avoid delays when you want your money, get the paperwork sorted out as soon as you sign up.

Tools And Services

All major currency pairs are offered. In addition Easy Forex allows trading on a small number of commodities such as oil and gold. Currency pairs and commodities can vary depending on your region, so check out the website for what is provided in your area.

Tools include the usual range of charts, a financial calendar showing upcoming economic indicators, Reuters news feed, interest rates and currency rates, plus SMS alerts for certain events. As well as viewing your own account, you can also broadly see what other traders are doing on the platform: which are the popular pairs, whether most traders are taking long or short positions, etc.

In addition they offer training in technical analysis via webinars, videos and live one-on-one training.

There is also a demo trading system, called the Trade Simulator, so that you can familiarize yourself with the platform and test systems. The platform may take some getting used to if you are switching from another broker who uses MT4. This is very different. Be sure to spend some time in the Trade Simulator before going live.

Minimum Account Balance

Easy-Forex offers four types of account:

• Mini: $200 initial deposit, $5,000 minimum position size

• Gold: $500 initial deposit, $50,000 minimum position size   

• Platinum: $5,000 initial deposit, $250,000 minimum position size   

• VIP: $10,000 initial deposit, $500,000 minimum position size

These figures may vary depending on your location.

This is a reasonable minimum account size, catering for beginners who intend to take their trading seriously. Some brokers will let you start with even less but be wary because sometimes a bad broker will try to hook in clients by offering small starting balances. It is better to trade in demo with a good broker until you are ready to open an account of a reasonable size.

Costs

Easy-Forex make their money through the spread, with no maintenance fees and no fees on deposits or withdrawals. Current spreads are displayed on the website. Spreads are fairly high but this indicates that the spread may genuinely be their source of income so they have no need to trade against you as some market makers do.

Rather than charging interest, they charge a fee on day trading deals that are held over to the next day. Avoid this by not opening trades right before midnight in their time zone (GMT ư).

User Feedback

We have checked user feedback across the internet and it is very positive for a broker with a high number of beginners among the customer base. Easy-Forex are praised especially for their helpful and friendly customer service, which sets them above many comparable brokers.

One or two users have been unpleasantly surprised to receive margin calls on their credit cards. Margin calls are less common in forex than in stock trading but they can happen and beginners are often not prepared for this. You can prevent unexpected charges if you deposit your funds by bank wire transfer. This takes longer of course, three to four days is the norm, but you will always be in a position of approving any future payments.

Of course you may still have liability for a margin call and you should be using stop losses anyway to ensure that a losing trade will not even come close to threatening your whole balance, but we can all make mistakes and sometimes with small accounts this is difficult. Using wire transfer will avoid surprises.

Summary

This is a well established and regulated forex market maker with a wide range of services and good feedback from current users. A good choice for day traders, especially for beginners or those looking to move from another mini forex account broker.

Click Here To Visit Easy Forex Website