eToro Discloses Interesting Trade Alert Application

E Toro Unveils Trade Alerts App

eToro, the world’s largest investment network, announced the launch
of its mobile Trade Alerts app.Trade Alerts is an Android Application
which takes technical analysis and simplifies it into actionable trade
notifications.

In addition, every technical alert received can be socially shared and
ranked by eToro’s communitymembers. By layering social elements
on top of technical analysis, Trade Alters harnesses the wisdom of
the crowds to gives users the ability to make smarter trading decisions
while on the go.

By providing the only mobile trading alerts application to date that
includes social features, eToro’s Open Book enables users to quickly
react to market conditions anytime, anywhere. Users can share and
rate the trade signal, as well as execute trades based on the predefined
information of the trade signals. eToro users benefit from the combination
of the two hottest trends in the financial industry: social investments
and mobile trading, which have been packaged into an exciting and
engaging trading experience.

Johnathan Assia, eToro’s CEO said: We believe that in order to be a
profitable trader and investor, you need information at your fingertips
that lets you stay one step ahead of the markets – and this is what
eToro’s mobile Trading App provides. Users receive market analysis
along with social trading insights, making our app a true innovation in
mobile marketing.”

For more info about trading commodities, forex, gold and stock indices
with eToro please choose one of the following links:

Traders in the United States
please click here here.

Traders outside the United States
please click
here.

 

Some Trading Tips

Good Trading!
Ideas On How To Become A Disciplined Forex Trader

Supplemental income can help make ends meet in tough economic times. There are many people out there looking for some sort of financial relief. If you need to supplement your income and have been entertaining investing in the forex platform, here is some information you should read.

To limit your trading losses, focus on stop loss orders. Too many traders hold onto a losing positions, hoping that the market trend will reverse.

Practicing your skills will prepare you for a successful trading career. By practicing live trading under real market conditions, you can get a feel for the forex market without using actual currency. You can also get some excellent trading advice through online tutorials. Knowledge is power, so learn as much as you can before your first trade.

Make sure that you establish your goals and follow through on them. Set trading goals and then set a date by which you will achieve that goal. Keep in mind that you’ll be making some mistakes along the way, especially if you’re new to Forex. It is also important to know the amount of time you can give yourself for this project.

Don’t let your emotions carry you away when you trade. Emotions, such as panic, fear, anger, revenge, greed, euphoria, apathy and desperation, can have detrimental effects on your Forex trading. There will always be some aspect of emotion in your decisions, but letting them play a role in the decisions you make regarding your trading will only be risky in the long run.

Create a plan. If you do not have a plan you will not win. Having a solid trading strategy will help you to avoid trading solely based on your instinct. Making decisions based on your feelings can be dangerous.

When you first delve into the Forex markets, the large number of currency pairs available could tempt you into investing in several of them. Begin with a single currency pair and gradually progress from there. Learn more about the markets first, and invest in more currencies after you have done more research and have more experience.

A key piece of trading advice for any forex trader is to never, ever give up. All traders will experience a run of bad luck at times. Maintaining a level of persistence is often what distinguishes success from failure in trading. No matter how bad things start to look, you need to keep going and eventually things will work out.

Give yourself some time to really learn the ropes so you don't need to depend on luck. Don’t overdo it. Otherwise, you’ll lose everything you invested pretty quickly.

Read market signals so that you can make informed trading decisions. Most good software can track signals and give you an automatic warning when they detect the rate you’re looking for. In order to increase your quickness and efficiency, know what your entry and exit points will be before you get started.

Even if you have a tracking program, you should manually check the charts at least once a day. Don’t let unreliable software do the job for you. Forex trading decisions are complex, and still require human ingenuity and dedication to make the smart choices that result in success.

As the beginning of this article states, participating in Forex gives you the opportunity to purchase, trade, and exchange currencies globally. With patience and self-discipline, you can use these tips to generate higher profits from your forex trades.

Traders in the United States
please click here here.

Traders outside the United States
please click
here.

 

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