7 step for a forex trading

Did you know that...hundreds and thousands or forex traders trade in the forex market online every day... and make an absolute killing at it. How do they do it?Well I am going to give you 7 easy tips that will help you make more money with forex trading.Tip #1 Knowledge is Power.When starting out trading forex on the net, it is an absolute must that you understand and become good at the basics first. Once you have a good concept on the basics then you can move forward.For example, one of the major forex influencer's are global news events. An ECB statement is released on Euro interest rates and this will cause a flurry of activity. Most newcomers will get scared and wait until everything calms down. If you hesitate you are likely to miss out on some great trades. You must act when the market is in volatility not when it is in a stand still.Tip #2 IndependenceWhen you are new to Forex you will be trading yourself or have someone else do it for you.Obviously you will make more trading yourself, but you must know these things.If you have someone else doing it, don't interfere what he is doing... he has a strategy that may take some time, let it ride. And if you are doing it yourself... don't get too much information... if you try and get too must information from too many sources this will result in only multiple losses. Take a position, ride with it and then look back and analyze what has happened. Be independent and stand strong.Tip #3 Don't Get Over-ConfidentTake tiny margins. It is one of the biggest advantages in trading forex. It allows you to trade amounts far larger than the total of what you have deposited.But don't get over confident with this... some rookies get greedy and this destroys many traders. Only increase depending on your experience and success.Tip #4 Trade When It's News TimeMost really big trade occur around news time. Trading volume is high and the moves are noteworthy.This means there is no better time to trade than when the news is released. This is when the big guns adjust their positions and prices change resulting in a serious currency flow.Tip #5 Exiting TradesIf you place a trade and it's not working out for you, get the hell out of there. Don't multiply your mistake by staying in for hopes sake for a reversal. That is very unlikely to happen. And on the other side if you are winning a trade, don't pull back because of the stress levels. You must learn to tolerate the stress, it is natural to trading, and you must get used to it.Tip #6 Don't be smartThe most successful traders keep their trading basic. They don't analyze all day or research historical trends and track web logs and their results are excellent. They spend their time in the stress zone not in the library.Tip #7 Build Your Confidence With ExperienceIf you lose money early in your trading career it's very difficult to regain it; the trick is not to go off half-loaded; learn the business before you trade. Knowledge is power when coming to trading.Forex is a game of knowledge... you must know about the business. That is why I recommend you check out the soon to be released groundbreaking forex trading system at ForexAim.com and you will flourish in forex trading.

ING Bank

In the international expansion of ING Bank, Romania was considered to be one of the emerging markets with great potential, being the second largest country in Central Europe. Entering on this market was planned and concluded long before other major foreign investors were prepared to step in.The history in Romania began in October 1994, when ING started its banking operations, being the first foreign bank to open a full service branch office after 1989.Since then, the branch in Bucuresti has exceeded all expectations in terms of client acquisition, introduction of services and growth of business. The initial staff of 14 has increased to more than 270 professionals, forex . The client base numbers presently close to 8,000 corporate accounts, including 90% of the multinationals operating on the market as well as important joint ventures and the majority of the large domestic companies with cross-border activities. Operationally, the number of client payments has grown from 190 per month to almost 130,000 in the second part of 1999. ING Bank Romania focuses on providing reliable, efficient and flexible services in an imperfect, often difficult market, to its targeted client base.The first expansion of the headquarters of ING Bank Romania occurred one year after the commencement of operations. Because the number of clients had increased continuously, the bank expanded its investments to support this rapid growth. As a result of further developments, forex , ING Bank Romania moved in 1997 into a totally renovated building, a modern office, built on firm foundations which has withstood the test of time.Success in the Romanian market, achieving the recognition of both friends and competitors, is due to the continuous adjustment to local market needs, to the introduction of new services to meet clients expectations and by never accepting concessions to quality.Always pioneeringING Bank was the first bank to introduce electronic banking services in Romania. One year later, electronic banking was awarded by the specialised magazine 'Piata Financiara' as the Best Banking Product in Romania. Over 700 companies are using these services which provide permanent information access, detailed daily statements, posted transactions, value-dated balance, current balance and down-loading of data to other systems.ING Bank was also the first bank to be licensed as a custodian bank by the National Securities Commission. A survey done by Global Financial Institutions concluded that ING Bank Bucuresti is the largest custodian in Romania. Recently, forex , ING was nominated by the National Company for Clearing, Settlement and Depository for Security as the first custodian bank in Romania with a market share of 40 %.Local involvementING Bank participates with its international experience and expertise in the development of the emerging markets they work in, by setting professional standards and a strong commitment. The commitment to the Romanian market is confirmed by ING 's involvement in: two syndicated loan for National Bank of Romania, Eurobond issues by the NBR and Ministry of Finance, the first syndicated loan for RENEL, bridge loans for SNP Petrom and Romtelecom, a syndicated loan and the largest cross-border private placement in Romania in 1999 for MobilRom, an export finance loan for Romtelecom, several club deals for NBR as biggest leader, merger and privatisation of ALRO/ Alprom, which closed in the 4th quarter of 1999.

New F430 Spider

The latest in Ferrari's long line of V8-engined convertible sports cars, the F430 Spider offers a unique combination of extreme performance and open-air motoring. Equipped with the same competition-inspired 4.3-liter flat crank power unit as the F430 coupé, the Spider provides a true 193 mph top speed along with formidable acceleration, covering the 0-60 mph sprint in just 3.9 seconds.F1-derived aerodynamics pay considerable dividends in achieving these performance figures. The track continues to be Ferrari's favored test bed for research and development. The Spider's sinuous lines have been honed to reduce drag while generating no less than 572lbs of down force at 186 mph.Significant improvements have also been wrought in the chassis department, with a 10 percent increase in torsional rigidity and a five percent improvement in beam strength over the 360 Spider. Handling and road holding are consequently of the highest standard. The innovative electronic differential and F1 transmission are instrumental in transferring the V8's 483bhp (490 bhp DIN) to the road.