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An Alternative to Having a Managed Forex Account, Forex Signals 

Earn up to thousands of dollars per month.
At prelaunchX, we help companies launch new products and services. Our current launch partner is code-named Forex Firm X. Before the official launch of Forex Firm X, you can begin growing your potential earnings in three ways...

1. A free, managed forex account.
2. Sign-up bonuses (up to $100 per person).
3. Monthly commissions ($10/month per person)

Sign up today and invite a few friends to watch your launch group and potential earnings start growing. To learn more about launch groups, see how it works.
It's quick, free and easy to join. Plus, it's fun to watch your launch group grow! http://tinyurl.com/75va9ox

 

 
 
Tags:  What is Forex  Choosing a Forex Broker  Forex System  Forex Signals 
Views:  32
Published:  May 25, 2012
 
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Slide 1: ==== ==== Earn up to thousands of dollars per month. At prelaunchX, we help companies launch new products and services. Our current launch partner is code-named Forex Firm X. Before the official launch of Forex Firm X, you can begin growing your potential earnings in three ways... 1. A free, managed forex account. 2. Sign-up bonuses (up to $100 per person). 3. Monthly commissions ($10/month per person) Sign up today and invite a few friends to watch your launch group and potential earnings start growing. To learn more about launch groups, see how it works. http://tinyurl.com/75va9ox ==== ==== A managed forex account is a portfolio of currencies you directly own but are chosen and traded by a professional money manager in the account in which you have with that firm. Trades are selected based on the risk tolerance and any objectives you have conveyed to the company. Â Many investors around the world are looking into this new approach to becoming involved in forex trading. These investors are allowing forex professionals to trade their accounts for them by depositing their money with the firm and letting the firm do the rest. Like stock trading hedge funds, managed forex accounts have become very popular and if you do a search for them, you will see an extensive list of firms to choose from. There are benefits to having a managed forex account as compared to forex trading your own account. For example, when you have your account in the firm managed by professional forex traders that are experts in their field, that allows you to sidestep the potential trading mistakes that most new, inexperienced or unprofitable traders make. These forex experts have the ability and experience to better anticipate market fluctuations and adapt to extreme trading situations by adhering to their rules. They are also better trained psychologically to handle the pressures of forex trading. In addition, the methods and strategies they employ have been tried and tested amongst their network of other customers so they are trading more efficiency and with what should be a proven track record. However, currency investors should always be cautious when looking for a firm that offers managed forex accounts. If you are willing to allow a firm the ability to forex trade with your money, you should perform extensive due diligence in the company that you are considering making sure they are financially sound and reliable before sending any money to them. This can be done by searching the internet and digging up as much information as you can about the company. Â If the company has had problems in the past, chances are you will be able to find discussions and ratings about them. Â Stay away from any company where you see an unusual amount of negative discussions. Aside from poor performance results, a major downside to using a managed forex firm is the possibility that they never return any of your money. They may act as if they traded away your funds using fake trade reports when in fact the trades never went to the market and the money stayed with them. The forex brokerage industry is not as regulated as stock industry is and because of that many unfortunate people have to their surprise waken up to find their accounts completely empty because the funds were stolen by the firm.
Slide 2: A valid alternative to having a managed forex account is to use a forex signals service. Â But not any signals service will do. Â You need to find a service that is both profitable and has the ability to send their alerts direct to your account. Â There are many services that send their alerts via email or SMS but that requires you do be available 24/5 to place those trades. Â What good is that if you are looking for the next best thing to having someone trade your account? Â When you find a forex signals service that sends the alerts direct to your account, you now will have the best of both worlds. Â Your money will be safe with you, in your account, with nobody having access to it and you will have that account traded indirectly by a professional trader. Â It's like having your own money manager without ever needing to hand your money to them. Nancy is a forex trader with Easy Pips Forex Signals. Their service sends Forex Signals to your Metatrader account where they are automatically traded for you. See why using their service is better than Managed Forex Accounts. Article Source: http://EzineArticles.com/?expert=Nancy_Margolis ==== ==== Earn up to thousands of dollars per month. At prelaunchX, we help companies launch new products and services. Our current launch partner is code-named Forex Firm X. Before the official launch of Forex Firm X, you can begin growing your potential earnings in three ways... 1. A free, managed forex account. 2. Sign-up bonuses (up to $100 per person). 3. Monthly commissions ($10/month per person) Sign up today and invite a few friends to watch your launch group and potential earnings start growing. To learn more about launch groups, see how it works. http://tinyurl.com/75va9ox ==== ====

   
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