`FOREX'
THE EMERGING BUSINESS TREND 2012
Adil
Malik
The Emerging Business Trend 2012
Disclaimer
Trading in the Forex market is a challenging opportunity where above average returns
are available to educate and experienced investors who are wil ing to take above average
risk. However, before deciding to participate in Forex trading, you should carefully consider
your investment objectives, level of experience and risk appetite. Most importantly, do not
invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction
involving currencies involves risks including, but not limited to, the potential for changing
political and/or economic conditions that may substantially affect the price or liquidity of a
currency.
Moreover, the leveraged nature of FX trading means that any market movement wil have
an equally proportional effect on your deposited funds. This may work against you as well as
for you. The possibility exists that you could sustain a total loss of initial margin funds and be
required to deposit additional funds to maintain your position. If you fail to meet any margin
call within the time prescribed, your position wil be liquidated, without prior notice to you,
and you wil be responsible for any resulting losses. Investors may lower their exposure to
risk by employing risk-reducing strategies such as "stop-loss" or "stop-limit" orders.
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FOREX
TABLE OF CONTENTS
Introduction_____________________________________________ 4
CHAPTER 1: `Forex | World's Largest Business'
1.1 What is Forex? ___________________________________________ 07
1.2 Forex in Saudi Arabia _______________________________________ 08
1.3 Benefits of Forex Trading ____________________________________ 09
1.4 FX|A Recession- Proof Business ________________________________ 10
1.5 Who can trade forex? ____________________________________ 11
1.6 Excellent Part-Time Income for Full-time Employees _____________________12
1.7 Can Women be Successful Forex Traders? __________________________13
CHAPTER 2: `A Learning Curve'
2.1 Is Forex Trading Risky? ______________________________________15
2.2 Quit Losing- Manage your Risk _________________________________15
2.3 Trading Discipline _________________________________________16
2.4 Paper Trading VS Real Trading __________________________________17
CHAPTER 3: `Tips for Forex Traders'
3.1 Refuse to be a Victim of Forex Scam_______________________________20
3.2 Four Facts All Beginners should know______________________________21
3.3 Training for your Success! ___________________________________ 23
3.4 Bonus* _______________________________________________24
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The Emerging Business Trend 2012
Adil Malik
Founder ADFX-SA.com
Certified Spot FX Trader (MBS UK)
Ranked among Top30 out of 1000+ Forex Traders Surefire World Forex Chal enge 2011
"Keeping it simple is the best rule for any game".
This Book has been developed to help the Forex beginners, though skil ed and proficient
traders may find it a handy reference.
I have been trading for quite some time now and I must share with you that the
journey has been so interesting. Although when I started, it wasn't easy but due
to the passion, I found my way in.
"In school we learn that mistak es are bad, and we are punished for mak ing them. Yet, if
you look at the way humans are designed to learn, we learn by mak ing mistak es. We
learn to walk by falling down. If we never fell down, we would never walk ."
Robert T. Kiyosaki, Rich Dad, Poor Dad
I know how it is like, most people work hard to make a living, yet it feels like a
never-ending treadmill. After paying the bills or house rents, there doesn't seem
to be enough left over to enjoy what life has to offer.
Like many people, I started out in life by getting an education and finding a job. I
brought up to believe that this was the best way towards a secure future. Despite
the fact that I had qualifications in IT and Mass Communication, I realized that
no job is secure. The Key to financial freedom is that I had to learn how to make
money for myself, without relying just on my qualifications. I did my research and
discovered that world's richest people have made their fortune NOT by working
for others (job) but for themselves (business).
www.adfx-sa.com (c) ADFX-SA Forex Consultancy
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FOREX
Trading Forex can be scary, exciting, profitable and
potentially costly if done Incorrectly.
Yes, Foreign Exchange trading can be extremely lucrative, but it can also be
extremely costly. So Learn before you Trade & Never Trader without a Method!
Forex is a really different business. To make money with Forex, you have to know
the technique and have enough experience otherwise you lose more than what
you make.
"Winners are not afraid of losing. But losers are. Failure is part of the process of success.
People who avoid failure als o avoid success."
Robert T. Kiyosaki, Rich Dad, Poor Dad
The good thing with forex is that you dont have to be worried about competition.
Unlike all other businesses that competition makes tougher conditions for
everybody, the more people work on forex the more money everybody will make
because it will make more volatility and movements in the market and volatility
and price fluctuation is what we make money through it.
How did I manage to be ranked among TOP30 World's Top Forex
Traders; the FIRST Muslim Forex Trader representing KSA & Pakistan
in the World!
Learn what strategies did I use to Enter & Exit the trades?
Learn how can you Follow the same rules that Achieved ROI +180%
Learn Step-by Step Rules to make Accurate trade decisions.
Read more for a Gr and Bonus!
Remember What the Rich Teach Their Children About Money
That the Poor and Middle Class Don't??
Poor Dad: "The love of money is the root of all evil."
Rich Dad: "The lack of money is the root of all evil."
Robert T. Kiyosaki, Rich Dad, Poor Dad:
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The Emerging Business Trend 2012
CHAPTER 1:
`Forex | World's
Largest Business'
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FOREX
1.1 What is Forex?
The Foreign Exchange market, commonly referred as FOREX or FX, is where
banks, investors and speculators exchange one currency to another. The
largest foreign exchange activity retains the Spot exchange (i.e.., immediate)
between five major currencies: US Dollar, British Pound, Japanese Yen,
Eurodollar and the Swiss Franc.
It is also the largest financial market in the world.
In comparison, the US stock market may trade $10 billion in one day, whereas
the Forex market will trade up to $4 trillion in One Single Day!
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The Emerging Business Trend 2012
1.2 Forex in Saudi Arabia
Forex is a rapid emerging industry in Saudi Arabia and
the Kingdom itself is richest market in the Middle
East Region and r anked 19 among countries with the
most millionaires in 2010, accor ding to Bloomberg
Business Week.
Over 35% of Middle East FX Retail tr aders are living
in Saudi Arabia and hundreds of Saudi FX investors in
the Kingdom investing an aver age of $ 35,000 USD in
Forex.
H.R.H Prince Dr. Saif Al- Islam
Bin Saud Bin Abdul Aziz
Saudi Arabia, the Gulfs leading economy (47% of GCC
GDP) held a Spectacular Unique Saudi Money Exhibition
fo the first time in the History of KSA (14th-15th Sep 2011),
under the sponsorship of His Royal Highness Prince Dr.
Saif Al- Islam Bin Saud Bin Abdul Azizfor Saudi investors
looking to enhance their understanding of intenational
financial markets.
The countries bourse - Tada wul exchange is limited to equities, etf's, sukuks and
bonds. Saudi investors have long been interested in international markets due to
the intense volatility, market opportunity, liquidity and contract types.
Saudi Arabia home to the worlds leading oil exporting companies doesn't have its
own commodities exchange, traders interested in punting on oil or gold have to
opt for futures or cfd's offshore.
The Forex market is the largest global trading market with a daily volume of over
10 Trillion Saudi Riyals. In addition, trading in this global market has acquired
the interest of investors and experts around the world especially after the
introduction of technology and thereby facilitating the trading via a platform
from a personal computer or a smartphone.
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1.3 Benefits of Forex Trading
Online tr ading has caused a major par adigm shift in investing. At the turn of
the millennium, there are over 6 million online investment accounts, up from
1.5 million in 1997
On-line trading will revolutionize the currency markets by making it accessible
to the small and medium sized investor. For the first time, these investors have
the ability to execute transactions of between $100,000 and $10,000,000 at the
same prices the Interbank market offers for deals well over $10,000 ,000.
This benefits both those who wish to speculate on the direction of the
currency markets for profit, as well as the money manager or corporate
treasurer looking to hedge against unwanted exposure to future price
fluctuations in the currency markets.
Benefits of Trading Forex Online:
* Online
* High Liquidity
* True 24-hour trading
* Lower transaction costs
* Swap-Free Islamic Account
* Real-time profit & loss analysis
* Full access to market information
* Deal directly from live price quotes
* Fast and efficient execution of deals
* Instantaneous trade execution and confirmation
* Profit potential in both rising and falling markets
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The Emerging Business Trend 2012
1.4 FX | A Recession Proof Business
Forex is indeed a recession proof business and t here's no doubt now that we
are in terrible trouble worldwide, but does this apply to forex?
Thankfully it DOES NOT !
Forex is a True Market, it neither can go Bankrupt nor can Fail. It's bigger
than the stock market, the futures market and the options market all rolled
into one. It's responsible for the movement of a huge, almost 4 TRILLION
dollars, every single business day of the week.
Money flows between currencies and countries all the time. If the dollar is
weak this morning, and the Japanese yen is strong, On the other hand if
Great British Pound is getting weaker then the dollar is strong and this
Movement of Money Never Stops. In forex, currencies are traded in a pair,
e.g., USD/JPY. If USD is getting stronger, at the same time JPY is getting
weaker. So, you can buy USD/JPY, vice verse you can sell USD/JPY
The World Depends on it !
Whether we are in recession or not,
forex really is
`a safe and recession proof business'
because forex market has the profit potential
in both rising and falling markets.
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