Press Release Summary = Mitallc.com now offers one of the simplest ways to enter the Forex (Foreign Currency) Market! Their hands off managed master account membership program provides amazing results! http://www.mitallc.com
Press Release Body = Hedging, Correlating, Leveraging and Earning with private trader James Bennett.
At mitallc.com, we always trade a minimum of 2 opposing currency pairs at the same time that have a close correlation. For example, my proprietary trading system will direct me to buy the EUR/USD, and at the same time sell the USD/CHF (SWISS). If you look at these 2 fractions, EUR/USD & USD/SWISS, you will see that in one fraction the dollar is on the bottom, and in the other, the dollar is on top.
Since the Euro and the Swiss Franc move in a very similar manner against the dollar, as one equation goes up, the other will go down by APPROXIMATELY the same amount. This relationship between the Euro and the Swiss Franc is called their correlation. In the case of those two, they are VERY tightly correlated. When the one decreases in value the other increases in value. By purchasing both of these pairs we have hedged our positions in the market against losses.
We Make Money in 2 Ways:
1. Buy Low and Sell High. Let's assume the value of the Euro & the Swiss is going up. My system would automatically trigger to buy or sell a certain number of contracts at a predetermined price for both currency pairs .It would automatically sell a few lots of the Euro/USD when it went up (lock in a profit), and automatically buy a few lots of the USD/SWISS when it dropped down (buy at a discount). This is because the Euro has gone up against the Dollar, and the Dollar has gone down against the Swiss.
The system and my staff do all the calculations, then it's as simple as just buys and sells what and when indicated by the system, the key is to not try and out-guess the market. That\'s how people get burned! It\'s a combination of Fear, Greed, and lack of Patience. By removing these human emotions from the equation, the automated system is a safer way to trade.
2. We make profits on the difference in interest the various countries central banks pay on their currency. For example, the USD currently has an annual yield 5% which was decided by the Federal Reserve. Today, if the Swiss franc yields 3.5%, also decided by their government. So let\'s say the system has determined that you need to buy a certain amount of USD/SWISS. Remember that when you buy a currency, you are also selling the cross currency at the same time, so while you earn 5% annually on the USD, and you are spending 3.5% annually on the Swiss Franc. The difference of 1.5% annually is yours to keep. This calculation is done automatically with no intervention on your part, and this interest is paid daily!
People mistakenly believe 1.5% is nothing special because they can get that at the bank. What they fail to understand is that this interest is paid on the leveraged amount you have in the market! If you choose a leverage of 100:1 (standard), every $1,000 you invest controls $100,000 in the open market.. earning you 1.5% interest on $100,000. At a high leverage of 400:1 you'll earn interest on $400,000 with only $1,000 out-of-pocket! (POWERFUL) Do the calculations on a calculator and see for yourself. The returns people talk about are very attainable, even with the most conservative of positions!
Making money in the currency market with automatic buys and sells and earning daily interest on your leveraged amount means there is no need to be up at 4am watching charts, lines, graphs and flickering arrows on your computer screen trying to do this yourself. RELAX. REMEMBER - There Are Only 3 Ways To Participate In The Forex:
A; Hire a Professional Trader to trade your money for you B; Spend thousands of dollars and hundreds of hours learning to do it yourself (95% failure rate) C; Join mitallc as a Callcom Inc. pro member (www.callcominc.com), set up your own trading account in an hour, sit back and watch it go to work for you. (No classes, No charts, No staring at your computer screen)
2022
