GAIN Capital Group Launches 'Learn to Trade Forex;' Online Education Course for Investors New to Currency Trading.WARREN, N.J. -- GAIN Capital Group, a leading non-bank provider of foreign exchange (forex) trading and asset management services, today announced the launch of Learn to Trade Forex (www.learn-to-trade-forex.com), a new online training course designed to educate individual investors on the fundamentals of forex trading. "Increasingly, self-directed self-di·rect·ed adj. Directed or guided by oneself, especially as an independent agent: the self-directed study of a language. self individual investors are looking to the Forex market as an alternative asset class," stated Mark Galant This article is about the musical style. For the Mitsubishi automobile, see Mitsubishi Galant. In music, Galant was a term referring to a style, principally occurring in the third quarter of the 18th century, which featured a return to classical simplicity , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Founder of GAIN Capital. "They are attracted by the Forex market's superior liquidity, lower transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and 24-hour access. Consequently, there is a strong demand for education and tactical ways to trade currencies," continued Galant. "We priced Learn to Trade Forex at $99 to make it accessible to anyone who has an interest in trading currencies," commented Mr. Galant. "The purpose of Learn to Trade Forex is to introduce investors to the Forex market, help them sharpen sharp·en tr. & intr.v. sharp·ened, sharp·en·ing, sharp·ens To make or become sharp or sharper. sharp their trading skills, gain confidence and, ultimately, become better currency traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. ." The self-paced course consists of seven lessons focusing on essential information needed to trade the Forex market. Students are taught how to: --Understand currency quoting and the factors that drive individual currency movements --Read and analyze currency charts using advanced technical tools --Effectively utilize the leverage available in forex trading --Manage risk and protect open positions using stop loss and other order types --Anticipate and react to major economic events impacting global currency prices --Employ sound money management techniques to maximize gains and limit losses. In addition, all students receive a demo demo - /de'moh/ 1. A demonstration of a product, often of an early version or prototype. A demo is a far more effective way of inducing bugs to manifest themselves than any number of test runs, especially when important people are watching. 2. demo version. 3. account funded with $25,000 of virtual money to practice lessons learned on a live trading platform. Several lessons of the course are dedicated to identifying chart patterns and using technical analysis. "In many ways, trading currencies is similar to trading equities and futures, commented Mr. Galant. "Also, forex lends itself particularly well to technical analysis. More than 90% of the $1.9 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. that is traded every day in the Forex markets involves the six major currency pairs. As a result, currencies trend very well and often trade with recognizable patterns," continued Mr. Galant. In the past 12 months, GAIN's retail division, FOREX.com, has experienced a 150% surge in new accounts, indicating a growing interest in forex trading among self-directed individual investors. About GAIN Capital Group GAIN Capital Group is a leading non-bank provider of foreign exchange services, including direct-access trading and asset management. Founded in 1999 by Wall Street veterans, GAIN is one of the largest, most respected firms in the industry, servicing clients from more than 110 countries around the globe. Monthly trade volume currently exceeds $60 billion per month. The company's flagship service, GAIN Capital (www.gaincapital.com) focuses on the needs of professional forex traders, money managers and experienced forex day traders Day Trader A stock trader who holds positions for a very short time (from minutes to hours) and makes numerous trades each day. Most trades are entered and closed out within the same day. Notes: This is a highly speculative practice. . Recently, GAIN Capital was recognized by FX Week as the number one currency forecaster of 2004. GAIN earned the top ranking by consistently providing the most accurate 1-month and 3-month market forecasts. FOREX.com (www.forex.com) services individual investors of all experience levels. The robust product offering includes a full-service full-ser·vice adj. Associated with or offering complete service: full-service gasoline pumps; full-service banks. trading platform, lower account minimums and extensive educational content. For more information about the Learn to Trade Forex training course, please visit http://www.forex.com/training or www.learn-to-trade-forex.com. |
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