Tradeonix Russ Horn's Forex Review



By Stanley Romano 05 May, 2016
Nicola Delic's Scientific Trading Machine  consists of a DVD trading set, written material, and comes with a user-friendly interface. The manual contains clear explanations with supporting DVDs and shows a number of trade strategies that can be used with the Scientific Trading Machine system. The trading manual serves as trader’s quick reference guide when trading, DVD set and 24/7 trading service and support.

Tradeonix is a newly launched forex trading tool which claims to help people make a veritable financial gain. This new and advanced options trading formula comes with trading manuals and indicators that provide a trader with educational guidance meant to teach and impart knowledge on forex trading, both for newbies and skilled traders.

Moreover, this trading tool consists of automated trading and contains a user-friendly interface. It provides users with live signals to either put or call a trade. At first, people are required to download the software and register for the trading account. In order to start making trades, users have to fund a borderline of $250 into their account. Once after setting the trading strategy so that they can make the robot work, they can then withdraw the profits from their trading account.

In addition to that, Scientific Trading Machine comes across as one user friendly software and its services can be leverage by traders at different skill levels to quickly learn the trading strategies and start earning profits, the creator claims. Whether users have never traded before or have experience and are trying to put it all together to permanently be successful, Tradeonix claims to give them plenty of information from the basics to all the way through using their custom system for entries and management including trade psychology.

Live Trades and MT4 Training

This trading tool covers all assets traded in the binary options market which include stocks, currencies, indices and commodities. All trades station around the Call/Put binary options contract, where the trader chooses 'Call' if the analysis shows that the asset will end the trade at a price above than when the trade led off and 'Put' if the signal concludes that the asset will end the trade pared down than when the trade begun.

Moreover, Scientific Trading Machine contains comprehensive full color bound training manual for theory. It is a set of 4 DVDs. DVD 1: Tradeonix Indicators, DVD 2: Introduction, DVD 3: Example Trades, DVD 4: Live Trades.

The questions and answers with webinar guests include everyone from beginners to experts. According to the creator, once users are done with this session, they’ll be filled with confidence knowing that all of their queries have been answered and they can now go out and make money in forex.

Additionally, Tradeonix is not only suitable for those who are new to forex trading but it does also suit the group of experienced traders, the creator claims. He also claims that this trading tool is helpful for those who have precise and checked time every day to trade, which is because the signals are delivered to them 24/7.

24/7 Signals For All Currency Pairs

Tradeonix is one trading formula which describes the indicators of demand and supply on the basis of which the traders can take a well thought-out trade decision. It has certain charts and graphical depictions that make it quit lucid and clear to make investment decisions. Furthermore, traders will get 24/7 signals for all currency pairs, stocks and commodities. They'll be able to see the latest signal alerts for the USD/EUR, Coca Cola, Copper and more.

All these signals are accurate, therefore, traders do not need to worry about a long duration between profitable signals, the creator claims. He also claims that it is not necessary that traders have a fortune in the bank to commence their trading. Additionally, the customer support that comes with Tradeonix is highly supportive and helpful.

For those traders who choose to take advantage of the personal trading representative, they can get advice by email or the customer contact form. The system comes with a manual which contains clear explanations with supporting DVDs and shows a number of trade strategies that can be used with Tradeonix. The trading manual serves as trader's quick reference guide when trading, DVD set and 24/7 trading service and support.

Evaluates And Analyzes The Latest Market Trends

Tradeonix helps novices discover exactly what forex trading is all about and why it is different from trading stocks and shares. Here, traders will find out the crux of how to make profits and they will also learn the difference components that make up the way to profitably trade. Also, it works on any time frame and exudes trades to leave users with only those with the highest probability that they will profit from, Russ claims.

Tradeonix provides the services with just one click and figures out everything as per the current market trends which to users would have taken quite a long time. Then, the software will be passing signals in the dashboard for winning trades. All users are required to do is pick out one and invest according to their financial plan.

Mr. Horn claims to be notably good for first timers who want to learn to trade binary options professionally, the creator claims. Furthermore, this trading formula helps and guides traders in making crucial investment decisions. Traders would not have to go evaluating and figuring out the latest market trends to sort out if that is suitable for an investment or not, this trading tool does it all for them.

Click Here To Join Tradeonix
By Stanley Romano 05 May, 2016
The fear of loss is one of the biggest of four primary fears among traders. I am going to write a series of articles to discuss each one of them and how to prevent them from inhibiting your success.

Grab something you can write on and a pen, and find a nice cozy area free of distraction. We are about to deep dive into your past and help you solve one of the fears in trading that can ruin you financially and emotionally. Write down answers to all of the questions that I ask, even if they seem to be rhetorical.

Fear of Loss

This is a fear that all traders have dealt with in the past, and the majority will continue to for as long as they live. In society we associate fear with weakness. But, there is no harm in fear - in fact, it is our body's mechanism for avoiding danger. The fear of loss can go very deep, and we are about to follow the rabbit hole and dig up some raw feelings. Reader beware.

Identify

What about a loss do you fear? Is it the loss of purchasing power as a result of losing money, or is it the fear of losing control? In short, is it emotional or monetary? Think about this carefully, because in the end it will be one of the two. Write down which one better explains you.

When you suffer a loss are you freaked out about the fact you did not prevent the outcome? If yes, you are struggling with loss of control. Here is a very simple exercise I use with my trading students. Take your index finger and press down the "Ctrl" key on your keyboard and hold down the key. Now repeat after me - "this is the only thing I can maintain constant control of in my life". Now release the key and keep reading.

Think back to your last monetary loss, was the money you lost money that you could not afford to lose? Was it money that paid for your necessities? If you are trading with capital you rely on for your survival or well-being, you can never eliminate the fear of loss and you are putting yourself at a disadvantage. Under-capitalized tradeonix trading accounts are one of the key contributors to fear of loss. The less you have the more worried you are that you will lose it all quickly. Try to trade with money that you can afford to lose and it would not change your lifestyle dramatically. Save until you are ready and you will have less fear of loss.

Uncover

Now that you know your type of fear of loss, think back to when you taught yourself to be afraid of loss. Was there an experience that stands out that actually makes you cringe at the thought of loss? This could very well have been the passing of a family member or a loved one. This could also have been a time you took a risk with your career or even life, and it did not work out as you had hoped.

This can be losing the championship game in sports, making a gamble on an event or probability which caused you significant loss, or one of limitless other possibilities. Just keep writing, open up your heart and let it pour out on that piece of paper, because these memories are better fresh in our mind than forcefully pushed aside and forgotten. These memories are what will help us get through trading losses as well.

Now that you have a few fresh examples of moments you were flush with fear in times of loss, it is time to look to the solutions. How did you solve your fears of loss previously? The loss of life can be devastating, and will only torment you less once enough time passes to help you cope. Go back to the losses that were not the most severe but have impacted you to this day. What did you do to move overcome them and move forward? Write it all down.

Acceptance

Acceptance is the precise point at which you decide to stop dwelling on the past and start focusing on the future.

This is a critical aspect of trading. Face it, you will lose. In fact, if you do not lose you are lying to yourself or doing something illegal. But there is a difference between a normal loss during the course of regular business and a loss due to an irresponsible decision. As a trader, you should embrace the first type, and avoid the second like the plague.

Learn to Lose

I have personally written out a few phrases you can repeat out loud to teach yourself acceptance of trading losses:

"Losing is a natural part of trading. It is part of business, it is part of life. I will lose, but as long as I do not give up I will win!"

"Losses are tuition payments for the education you are receiving."

"Losing money, but gaining experience."

"Losses do not scare me. Losses keep me focused on managing my risk."

"The success of tomorrow is founded on the failure and loss of today."

Get it? Got it? Good! Print the above phrases and pin them by your trading monitor, read them out loud each morning. This is a good acclimatization tactic I used in the first few years of my trading career.

At this point it is also very important to mention that as humans, we can not entirely eliminate the fear of loss, nor should we try to. What we want to do instead is filter false fears and act on them before they start creeping up into our trades subtly. If you do not know how to overcome losses, you will never know how to trade. If you follow the steps in this article, and answered honestly to all of the questions, you are well on your way to overcoming one of the crippling fears of trading!
By Stanley Romano 05 May, 2016
You stand to make a lot of money in Tradeonix trading when you do it right. While the market has a lot of potential, many people make huge loses and many others are skeptical of getting into it. If you are a beginner here are the mistakes that you should avoid:

Taking A Dive

Experience is often said to be the best teacher, but not in Tradeonix currency trading . There are some over-confident traders who think that they can master how to trade via trial and error. Doing this is not only suicidal, it's also stupid.

Before you start trading using real currencies you should first understand how to trade using a demo account. A demo account is an account that has all the features found in a real account, but makes use of virtual money.

Using a demo account you will be able to understand all the ins and outs of the market without risking your investment capital.

Expecting To Make A Lot Of Money

While it's true that you can make a lot of money with Tradeonix trading, the money doesn't happen overnight-you need to be patient to understand how the market works. During the early months of trading you should learn as much as possible while at the same time taking care that you don't lose your money. With the right information and a lot of capital you will be on your way to making a lot of money.

Copying What Others Are Doing

If you are new in Tradeonix trading you must have heard that you need to study what your mentors or great traders are doing. While you should study their trading patterns, you shouldn't copy them.

Expert traders recommend that you should study their patterns and come up with a trading system that is unique to you. Always remember that while a given pattern will work for your mentor it might not work for you.

What you should do is to formulate a set-up, exit strategy and a money management system and you will be on your way to making a lot of money.

Lacking A Stop-Loss Order

It's common for new traders to place a market order and leave it open. This puts you at great risk of losing your entire amount. To protect yourself you should add stop-loss instructions to all of the open positions. Here you need to identify the rate at which to take profits and the trading system will intervene on your part.

Letting Your Emotions Rule

Every person has emotions, but you shouldn't allow your emotions to determine how you trade. It's common to continue making large risks when you see as if you are in a profit making trend. When you trade emotionally you will continue making huge risks which is fatal as you can find yourself making a very huge loss which you might not be able to come out from.

Conclusion

Mistakes are fatal in Tradeonix trading. By avoiding the above mistakes you will definitely be on your way to financial freedom.
By Stanley Romano 05 May, 2016
You're ready to take your day trading efforts to the next level, and you're following the markets like a hawk. But what's the next step? How can you truly elevate your returns and start making a real profit? You might consider a Tradeonix trading trading seminar.

Trading seminars are like short courses that include lectures, live trading sessions, and Q&As with experienced Tradeonix trading traders and teachers. For you, a trading seminar might be the perfect fit. For starters, there are online and in-person options; you can have the flexibility of attending from your own home. And seminars aren't as time-intense as day-trading courses, which although great, might require a commitment of week or more of your time. Finally, seminars are perfect for connecting beginners with experts.

Still on the fence? These four benefits of attending a Tradeonix trading seminar might change your mind:

Network with Fellow Day Traders

Day traders at all levels - from beginners to experts - attend Tradeonix trading training seminars. Why? They want to learn and expand their knowledge. For you, that means you have an opportunity to connect with Tradeonix trading traders who are more experienced than you. That's extremely valuable in and of itself. Having someone you can connect with for advice or meet for coffee to discuss strategy can help you improve faster.

Yet, you'll also have the opportunity to meet traders with differing strategies and ideologies. Sometimes, hearing another perspective or a different take on trading can make all the difference, helping you to expand and enhance your Tradeonix trading returns.

Accelerate Your Tradeonix trading Learning

Tradeonix trading trading is not a get-rich-quick investment opportunity; there's real risk involved when you invest in currency trading. That's why it's critical for beginners and intermediate traders to continually expand their knowledge. A Tradeonix trading training seminar can be a fast way to jump start your learning, and in the process, help you minimize your risk.

Plus, some Tradeonix trading seminars focus on hands-on learning. They may provide attendees an opportunity to live trade in a safe environment. If you're a person who learns by doing, live trading seminars can be eye-opening experiences, providing you valuable real-world experience with an expert close-by.

Ask Questions and Get Advice from Experts

As a beginner, chances are you have questions about Tradeonix trading trading. Yet, it's not always easy to find those answers on blogs or in books. The ability to ask experts and fellow traders questions is one of the greatest benefits of attending a Tradeonix trading seminar. You get answers faster, but also have the ability to ask follow-up questions to further your understanding.

Additionally, many Tradeonix trading seminars provide in-depth knowledge of the latest Tradeonix trading strategy, trends, tips and advice. So for you, not only can you learn from experts about the most useful strategies; you can stop and ask questions about something a presenter says.

A Low-Cost, No-Risk Learning Opportunity

Typically, seminars are more cost-effective compared to Tradeonix trading courses. In fact, many Tradeonix trading seminars, especially those hosted online, are free. And free is always great! But even Tradeonix trading seminars that cost money to attend are typically a better value compared to courses. So if don't have the time or funds to take part in a course, a Tradeonix trading seminar might be a better alternative.

Have you changed your mind? Do you want to attend a Tradeonix trading training seminar? Learn to Trade hosts a variety of seminars and Tradeonix trading courses. Attend our Learn Tradeonix trading Seminar to connect with experts and day traders, ask questions and accelerate your learning.
By Stanley Romano 05 May, 2016
In Tradeonix trading, the two currencies being traded make up a currency pair, and there are many different pairs that Tradeonix trading day traders can trade. Traders can choose "major pairs," "crosses," and "exotics," and there are pairs that are common like EUR/USD (euros and U.S. dollars) and much less common like USD/MXN (U.S. dollars and Mexican pesos).

For starters, though, let's take a look at what a currency pair consists of. Currency pairs are made up of a base currency (the first) and a counter currency (the second). In the EUR/USD currency pair, EUR is the base currency and USD is the counter currency. If the exchange rate of a pair is rising, the base currency is rising in value relative to the counter currency. When the exchange rate falls, the opposite is happening.

Additionally, when we look at exchange rates, the rate is the amount of the counter currency needed to buy 1 of the base currency. For example, if GBP/USD is priced at 1.5000, it would take 1.5 U.S. dollars to buy 1 British pound.

What are the Major Currency Pairs?

It's widely assumed that there are four major currency pairs , although some say there are 6 or 7 "majors." These four pairs drive the most action in the Tradeonix trading market, and they are the most heavily traded. That means there is tons of trade volume and liquidity in each of these pairs, and therefore, the behavior of these pairs is more predictable.

The four major pairs include:

- "Euro" - EUR/USD (euros and U.S. dollars)
- "Cable" - GBP/USD (British pounds and U.S. dollars)
- "Gopher" - USD/JPY (U.S. dollars and Japanese yen)
- "Swissie" - USD/CHF (U.S. dollars and Swish francs)

Of these four, the "Euro" tends to be the most popular trading pair. The reason: The U.S. and European Union are the two largest economies in the world, they are the most widely held currencies, and this pair is the most widely traded. Yet, all four feature massive volume and they are all heavily traded.

In general, many of the major currencies make similar movements in the markets. For example, EUR/USD and GBP/USD tend to move in a similar direction; if one is falling, the other will likely be falling. That's not always true, but it happens quite frequently. Thusly, a trader would likely not hold similar position in these currency pairs, as it would double up their risk. USD/CHF, though, has a negative correlation with GBP/USD and EUR/USD; that means as EUR/USD rises, USD/CHF falls and vice versa. These are not rules, but generalities. So they may not apply in all circumstances.

Additionally, several commodity currencies including the Australian, New Zealand and Canadian dollar may also be considered major currency pairs. These pairs are AUD/USD, NZD/USD, and USD/CAD. Gold and silver are also commodities and are paired with the U.S. dollar: XAG/USD and XAU/USD.

Crosses and Exotics: Other Types of Currency Pairs

Traders may want to diversify their trades and move away from the major currency pairs. Crosses and exotics offer that opportunity. Crosses are currency pairs in which neither currency is the U.S. dollar, and there are several benefits to trading crosses.

First, traders can avoid speculating on the movement of the USD. This strategy might be useful if major U.S. economic news is expected like a jobs report or interest rate changes, both of which can create volatility in the market. Additionally, the crosses tend to have stronger trends due to diverging interest rate expectations and other economic factors. This enables more accurate trend trading. Common cross pairs include:

- EUR/AUD
- AUD/CAD
- GBP/CAD
- AUD/JPY
- EUR/JPY

Finally, there are also "exotic" pairs to choose. These are the currency of a developed country paired with that of an emerging country. It's much less common for traders to speculate in the exotic pairs for several reasons. First, these pairs are much volatile making it more difficult to predict price movement. Additionally, the spread tends to be much larger. With major pairs, the spread may be as little as 2-5 pips; the spread for exotic pairs, though, may be as large as 50 pips or more. This makes it much more difficult for a day trader to profit. A few example exotic pairs include USD/BRL (U.S. dollars and Brazilian reals) and USD/MXN (U.S. dollars and Mexican pesos).
By Stanley Romano 05 May, 2016
Actually, Forex trading is like whether prediction. Currency doesn't change in random fashion. Instead it changes in predefined fashion that is defined by the market demand. Therefore trading is not impossible provided study and experience is performed correctly.

Currency prediction for Forex trading is performed in two major ways. First the technical indicators, second, the market analysis based on economical and news trends. Both must be done in concurrent fashion.

Beginners could predict only based on technical analysis but advanced traders must predict based on news heard related to economy trends.

Technical analysis is a smart way to predict currency change based on mathematical formulas. Users may not need to know mathematical details concerned with this type of analysis. They need to know only how those indicators used in correct way.

For instance, for stochastic indicators, this way to predict currency change implies that to see if the indicator number goes very low or very high for relatively long period. In this case a trading event appears and the trader may buy or sell the currency being traded.

On the other hand, economical analysis is used to predict for currency change based on the financial state of the country owning the currency being traded. This depends on the industrial level of the country and also the political state of the country. For instance, if the country is in war, it will affect the currency value of that country.

As mentioned above, this type of analysis needs advanced traders to be able to use it. The simpler is the technical indicators and even not all of them as some indicators may be difficult to use.

A Forex trading strategy is a way to predict currency change based on combination of technical indicators and news analysis. For instance a Forex strategy may have two technical indicators like stochastic and MACD and no news analysis included in the strategy.

For more successful strategy, the trader must use less amount of indicator for simplicity, as a general rule, more simple equal more success. This applies to many fields in our life and not only in Forex trading.

Predicting Currency change in more simple fashion, will give you rough idea to help make decision to buy now or sell now. The ability to well predict for currency change is the key to success in trading. In other words, failing to predict how the currency is going lead to failure in trading at all and lead to losses.
Share by: