Q. Why FOREX Trading?
A. Forex traders have 24-hour access to a market with superior liquidity to all the equity markets in the world combined, providing the flexibility to trade the Asian Pacific, European and/or U.S. trading sessions. Plus you can trade from home, your office or virtually anywhere in the world and receive rapid trade execution (under normal market conditions). FX dealers offer commission free trading (cost of the spread only) and substantially exceed the common 2:1 margin offered by equity brokers or 15:1 margin of the futures market, with most offering up to 100:1 leverage. Leverage is a powerfull tool, and without proper risk management a high degree of leverage can lead to large losses as well as gains. In Forex you can familiarize yourself with a few currencies and trade on the daily market volatility or the longer term trends. Plus trading the major currencies provides more security then any company or commodity can offer. Once you experience the freedom of trading Forex, it is hard to accept the restrictions placed on all the other tradable markets.
Q. When Can I begin trading Orion's Signals?
A. You can begin immediately after your payment is approved for your first month's subscription fee. Upon payment approval, you can access to the members area so you can immediately see our trade alerts.
Q. How much money do I need to start trading?
A. This depends on the Broker you decide to open your account with. Typically, a mini account can be opened with as little as $250. We recommend at least $2,000.
Q. I live in Europe, will your trading approach work here?
A. Our system can be used from anywhere in the world as long as you have an internet connection. Signals are posted once a day at 10:00 pm GMT
Q. What are your signals designed to?
A. Orion's daily signals are designed specifically for day traders seeking relatively small price moves within a few hours (no more than 24 hours). Our signals are tailored to those who don't have time to continually watch the market but would like to take advantage of price moves.
Q. Do I need to have any specific academic background in order to be successful?
A. Not at all. Successful active traders come from many different professions. Very often, people who are very successful at school or at their businesses wrongly believe that their success will be automatically transferred to Forex trading. It is usually not the case.
Q. How is Forex trading different from traditional securities and stock trading?
A. In general, forex trading is usually a short-term investment strategy in relation to other investment vehicles. Trades may last a few minutes to several days with a short-term strategy or several months to several years with our long-term strategies. With a short-term strategy, the goal is to predict relatively small short-term moves in the market, compared to long-term growth investments like stocks, mutual funds, bonds, or long-term notes that may be redeemed at a future date.
Q. How high are the risks in FOREX trading?
A. The risks can be high but so can the rewards. Forex traders around the world are competing against other Forex traders, banks, and institutional traders who are seeking the same potential rewards from their own trading activities. Money management, discipline, talent, and a lack of emotion are traits you will want to develop in FOREX trading.
Q. Can I start part-time from my home or office?
A. Yes. This system is designed for those how have no time to trade.
Q. Is there any special experience needed before becoming a Forex Trader?
A. No, but any experience in the market would be advantageous. Familiarity with any kind of trading is helpful. The better your background, the easier it will be to get started.
Q. What Are My Expected Financial Rewards?
A. Individual results can vary greatly between each trader. There are many factors which may affect a trader's individual performance. Such factors include but are not limited to: the currency pair or pairs traded, the level of aggressiveness and the number of trades taken, the amount of leverage used, the amount of available margin in an account, the style of trading, how you use a trailing stop-loss, the amount a trader risks per trade vs. the amount of attempted profit, etc.
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