Miss Insta Asia: the secrets of beauty and success

March 25th, 2010

Dear blog readers,

This time we would like to introduce one of the pretenders to “Miss Insta Asia” title, a participant of InstaForex beauty contest, a real Asian beauty and just a simple young girl – Siti Maryam Idris. She is a student from Kuala Lumpur (Malaysia) and very intelligent person. How is she related to Forex world, and who compelled her to take part in the contest – that’s what she will tell us in her interview to “Miss Insta Asia” Administration.

siti maryam

IFX: Hello dear Siti Maryam.What do you do in your life? What are your hobbies and interests?

SM: Right now I’m working as Administration at private company in Kuala Lumpur, Malaysia. In the same time I’m persuading my degree in Software Engineering at University Technology of Malaysia. I like outdoor activities like camping, jungle tracking, travelling and more. Like most women my interest are mainly in healthcare and music.

IFX: As you have written in your profile, you are taking “Software Engineering” course. But how are you related to Forex? Are you a trader? Share your experience and impression of trading.

SM: Forex and Software are two difference fields, but I don’t see this is a barrier for me to get involved in both worlds. Some of my knowledge in Software engineering could be applies in Forex indirectly- you have to be discipline, critically and analytically in both fields.

I’m not a trader as I’m very fresh in this field, but I’m exposed by the environment of trading as I’m surrounded by family members who are successful traders

IFX: For how long have you learned about Forex?

SM: I’m newbie in Forex, I just learn about Forex since I’m working in Forex Company.

IFX: Is currency trading serious and respectable work? Why?

SM: Yes, because it requires experience, money management, discipline, trading psychology, mental strategies and more, which are not everybody have and the only strong can excel with this job.

IFX: Do you earn enough and stably at Forex? Or is it just a hobby and additional source of revenue?

SM: As I’ve mentioned, I’m not a trader yet, however from my experience with traders around me, I can say that they earn well.

IFX: Do you think trading is just male profession? Or women can also approve themselves in this field? What qualities do help them to trade?

SM: When it comes to money management it should be no boundary between male and female, both genders have the equal opportunity to excel in this field. What important is these qualities: experience, money management, discipline, trading psychology and mental strategies.

IFX: How did you learn about InstaForex Company?

SM: InstaForex Company is my principal employer. I’m glad to work/learn with InstaForex Company.

IFX: What did compel you to register in the contest?

SM: Encouragement from my colleagues and also as a form of support to my company.

IFX: Is it your first experience of participating in the beauty contests?

SM: Yes, this is my first time.

IFX: By the current rating, you are among the first five leaders. How do you appraise your chances to win?

SM: I never put any high hope at all, instead I’m very surprised I could reach this level and thank you in advance to all the voters.

IFX: Which of your personal qualities do your friends appreciate?

SM: Honesty, sincere and trustworthy.

IFX: What are the secrets of your beauty and charm?

SM: For me the beauty comes from inside -behavior, honesty and self belief-

IFX: What helps you to make a decision: good sense or intuition?

SM: Both are relevant depend on situation, sometimes it needs a good sense and sometimes intuition works.

IFX: You wrote you were proud to be Asian. What distinguishes Asian girls from other nations?

SM: A typical Asian upbringing engenders its women with the importance of manners and respect for others. Asian girl are gentle and polite, they are typically very attractive physically and intelligent. Asian girls have many qualities ensuring that they are constantly respectable. I‘m not saying the western girls do not possess these qualities, but in many ways I’m proud to be an Asian young lady.

IFX: What is your the most dearest wish for today?

SM: Don’t wish it was easier, wish you were better. Don’t wish for less problems, wish for more skills. Don’t wish for less challenge, wish for more wisdom.

IFX: Thank you so much for your answers and time. We wish you good luck in the contest and great achievements in your life and study!

The interview was obtained by Ekaterina Abramova ,
InstaForex PR-manager

To learn more about the contest and its participants you can visit the website: miss-instaforex-asia.com.

PAMM-system: it’s time to invest wisely!

March 24th, 2010

InstaForex Company introduces a new instrument for trading on the international currency market Forex.

PAMM-system consists of one or more investors’ accounts which are used by the managing trader.  PAMM-system function is managing the total capital of the investor and distributing profits and losses between all participants proportionally to the investments.

PAMM-account is a special trading account for operating in the financial markets by means of which a trust manager controls both his own capital and the investor’s one. And the funds are not transferred from account to account of the manager.  The managed PAMM-account belongs to the grantor, but all trading operations are carried out by the managing trader without the right of funds withdrawal. Amid this, all market risk is carried by the grantor.

PAMM-system affords an excellent opportunity of collective funds investment for traders.

There are two types of PAMM-accounts:

  1. PAMM-account of the Investor
  2. PAMM-account of the Trader

pamm-pic

Features of these account types lie in that a PAMM-account of the Investor can invest funds only in accounts of PAMM Traders, and PAMM-accounts of the Traders in their turn can accept investments from PAMM Investors accounts.

PAMM-system has a few essential distinctions from the trust management, and one of them is that the manager trades primarily with his own money and even beginning working with investors he is not allowed to withdraw his funds.

An important characteristic of PAMM-system is risk diversification – funds investment by PAMM-investors in PAMM-accounts of different managing traders that decreases the risk of loss bearing.

Special for PAMM-traders InstaForex Company has devised a unique innovation in the system: investments intake from different Investors on one PAMM-account that is not offered by any of brokerage companies in the world. One-of-a-kind technique of funds calculation is the creation of the company’s management and the offspring of the programmers’ annual work.

As of today, PAMM-account system by InstaForex Company comes as the best one due to its opportunities both for managing traders and investors.

Added by Anna Shubina,
InstaForex Clients’ relationship manager

Forex candles – an aid for beginner!

March 17th, 2010

Nowadays everybody faces the concept of Forex currency market. Recently, such concepts as currency pair, analytics, Forex candles, day and tick charts were known and understood to the close circle of people, working at Forex currency market. Today, the advertisement about Forex can be met everywhere: on the radio, TV, the Internet, huge outside banners. They all propose opening trading accounts with one Forex company or another.

In addition, opening account, starting with $1, is offered. We can meet brokers and dealing centers, analytical reviews, and the profitable strategy is only for $5.

Due to active advertising and promotion, now most everybody knows about Forex, and everyone, wishing to get easy money, enters the market, thinking that he is ready for trading on Forex. Learning basics of technical and fundamental analysis, knowing about the Elliott waves and trying to estimate a trend reversal on the moving average, few of the currency trading beginners pay attention to one of the methods of graphic analytics – Forex candles.

It is absolutely natural that every trader uses not only Forex candles in trading. There are three graphic indicators of price and its forecast:

- bars

- lines

- Japanese candles

Often, “Japanese candles” are called Forex candles and they are considered the most indicative and efficient in trading among experienced Forex traders. And, the beginner should give special priority to Forex candles.

The graphic analysis was found about 300 years ago in Japan, and it got this name as for more demonstrative example of price movements and the difference between opening and closing figures,ordinary candles were simply laid on a table in the Middle Ages.

The core meaning of using Forex candles is in the following: if the close price is higher then the open price, a Forex candle is white; and if the close price is lower than the open price, then correspondingly, the candle is black. Thus, having analyzed the positions of black and white Forex candles and the derivated from them groups, it is possible to forecast the direction of the trend in the nearest future with a large percentage of certainty.

Added by Denis Minenkov,
InstaForex Clients’ relationship manager

InstaForex seminar in Kota Bharu

March 16th, 2010

Recently, one of the educational seminars was held in the representative office of InstaForex Company in Kota Bharu (Malaysia). The main theme of the seminar was “Fundamental News Trading – using the macroeconomic news releases as a basis in making a trading decision”. The master lecturer duties of the educational seminars were taken by the best academic in Asia and at the same time one of the leading analysts of InstaForex Company – Asri Mahmood.

Kota-Baru1

Due to the fact that the seminar was held in one of the InstaForex representative offices all clients taking part in the seminar have become a participants of the campaign “bonuses for education”. The essence of this campaign is as follows: a client, taking courses in one of the InstaForex offices and paying for them, has an opportunity to open a trading account with InstaForex after he finishes the education. Having opened the trading account trader should deposit amount which is equal or less than the cost of educational courses, and this amount will be doubled. Bonuses credited to trading accounts are not withdrawable, but trader may use them for gaining profit in trade on Forex. So clients, who take courses in the representative offices of InstaForex Company, refund the full cost of education.

Kota-Baru2

Training seminars are also held in other InstaForex regional offices where the system of bonus credit is similar. So educational courses have been more than successfully held in Kuala-Lumpur, Johor, Shah Alam.

Kota-Baru3

Added by Kirill Kuznetsov,
InstaForex PR-manager

Trader’s allies: stop-loss and take-profit

March 10th, 2010

Stop-loss is an order to stop, used for loss control. During the movement of the position towards losses, stop-loss goes off for its close. A broker closes the position, when the value of the ‘buy’ or ‘sell’ currency order reaches the setup level. If the chart’s curve has not moved in your direction, the loss is fixed, if the curve went to the profit direction and then reversed, the profit is fixed.  Thus, having setup the stop-loss in the loss point will help you not to lose a large sum of money. In case your forecast has appeared correct and the price is moving in the positive for the setup order direction, but you consider, that it is early to close the position, it is necessary to setup the stop-loss order in the passed through level, where it is still possible to save the profit. And further on irrespective of the future events you only have to wait for profit.

Take-profit is a pending order for the position close at the setup price, used for fixing the profit. Take-profit and stop-loss function on the analogy, though, take-profit is fixing only profit.

So, setting a take-profit order in a forecasted point in advance, you suppose that after a certain period of time the order will reach the profitable level, and you think that in this point exactly it is needed to close the position and fix the profit.

Stop-loss and take-profit are often setup together, in case the forecast has appeared true- you gain the profit, if no, you will lose only the sum you are prepared to lose.

The most part of trading terminals offer such service as a trailing stop. On setting up a trailing stop, the following occurs: the terminal does not operate until the position has not started its movement in the profit-bringing direction. At that moment, the terminal sets up a stop-loss at a certain distance from the current price. On receiving the quoting, at which the distance between the current price and the stop-loss will exceed the certain quantity of points, the terminal sends the command for the stop-order change by a few points distance from the current price. In accordance, a trailing-stop is a certain algorithm of stop-loss managing. But it is necessary to remember that this option is functioning only when the terminal is started up and exchanges the up-to-date information.

Added by Alexandr Petryanin,
InstaForex Clients’ relationship manager