Monday, February 15, 2010
Forex Managed Accounts for Small Traders
Forex small managed accounts are managed by a trader, paid for by an investor, and result in high return. There are two types of small managed forex accounts--either automated or managed by human traders or brokers.
Automated small forex managed accounts are completely automatic programs which are designed by experienced traders and offer unmatched simplicity to the investors. It takes into consideration all indicators and statistics open to it and once it receives a signal, it trades accordingly. But these systems lack the human intelligence and instinct, which undoubtedly play an important role in decision-making.
The second type of forex small managed accounts employees human traders with market experience of many years. The biggest advantages of such accounts are they can be personalized depending on your need.
The typical investment in a small managed forex account can be from $5,000 to $10,000, which leaves the very small investors out of the loop. A managed account which is either traded by another person or an automated system can earn up to 20% per month or more depending on the performance of the system.
Small managed forex accounts are the best option before you leap into the market if you are receiving professional training and preparing yourself on how to trade in the market. You can fine-tune your own trading system and strategies and learn how the market may respond to specific news and patterns.
Searching for a good managed small forex account is a troublesome task. Some trading systems may take too many trades causing you to margin out too soon and some may generate poor signals. Make sure that the trading system can substantiate its data with proven results and perform back tests on their system in real-time. The broker you chose must be established, registered, and has credibility within the market.
Many brokers offer their services for small managed forex accounts for private or individual investors. They may offer some preferences for high investments for portfolio diversification and effective risk management. The brokerage firms have pool of experienced financial advisors who can provide ready-made, excellent and even personalized solutions in trading and programs for you. Your small investment may be clubbed together with other investments to earn the kind of profit you are looking for with substantial risk management procedures.
Your small managed forex account starts operating the moment you authorize your broker to take investment decisions on your behalf and can start to manage your funds. The advantages of using a small managed forex account to trade are --
1. You need not to trade yourself and can engage in other activities.
2. You no longer deal with trading emotions.
3. Lesser chances of making mistakes, especially so with automated forex.
4. You will have time to develop strategies and can take advantages of trading multiple systems and multiple markets.
5. You invest small amounts but receive high returns with proper risk management facilities.
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The Manila Light Rail Transit System (Filipino: Sistema ng Magaan na Riles Panlulan ng Maynila),[citation needed] popularly known as the LRT, is a metropolitan rail system serving the Metro Manila area in the Philippines. Its twenty-nine stations over 28.8 kilometers (17.9 mi) of mostly elevated track form two lines. LRT Line 1, also called the Yellow Line, opened in 1984 and travels a north–south route. LRT Line 2, the Purple Line, was completed in 2004 and runs east–west.
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