Forex options are calculated with ‘Greeks’. A basic explanation of these ‘Greeks’ will help you understand how and why the forex options move and behave in a certain way. An option is a derivative and how it’s value is derived is from a formula that combines these Greeks together. The Greeks are how these options [...]
Companies, exporters and importers are also very much involved in the forex market as buying and selling of products takes place all over the world thus buying and selling of currencies to facilitate and complete all these transactions are needed. An exporter in the USA might have sold his products to a company in Europe [...]
In the last article, you have learn about “delta” . Let us continue…
Gamma: Gamma is derived from Delta is the odds of a change in Delta. It also informs in advance if the Delta could be changing. Gammas are positive for both the call and put. When options are deep in the money of [...]
It was sad to see a lot of people lost their money in forex market, as it is a daily routine to see that. It is true that there are still 97% of trader loses money everyday. That is the fact! But with this useful tips that I going to show you, will helps you [...]
Wizefest 2007 – Wizetrade Recap
As always, our attendees made WizeFEST 2007 another event to remember!
Informative training classes, exciting guest speakers, entertaining social events, and YOU! It would be near impossible for us to select our favorite moments of WizeFEST out of the many noteworthy memories we shared. Thatâs why we counted on your comments to [...]
For anyone who is a beginner in currency trading, the most difficult part will be to master this cutting-edge of trading in the market. Those who jumped into this market and try their luck without seeking any help have mostly lost a lot of money and left hopelessly. Thus, it is crucial to collect and [...]
George H.W. Bush, the 41st President of the United States, will address thousands of traders from around the world at WizeFEST® 2007, a traders convention scheduled September 5-8 at the Hilton Anatole Hotel in Dallas.
WizeFEST is an annual trading convention hosted by Dallas-based GlobalTec, an industry leader in providing trend recognition software and training for [...]
Expert Lindsay Hall has taught thousands of clients to trade more effectively and with confidence using GlobalTec software. A classically trained stock broker and adviser for prominent firms such as Morgan Stanley and Raymond James Financial, she relinquished her Series 7, 66, 31 (Managed Futures) and Group 1 licenses when she joined the GlobalTec team [...]
Kipp is co-host of Opening Bell and FAST Forward. He is a Training Specialist for GlobalTec who has been with the company for more than six years. He is a contributing writer for the GlobalTec Talk™ newsletter and is recognized by many from the Wizetrade Trade Simulation and WizeFinder® 6.0 training video. Kipp is an [...]
When you start trading in the Foreign Exchange market, you will notice that the prices for either buying or selling a currency pair always come in a pair of price quotes. One is called the ‘Bid’ (or Sell) and the other is called the ‘Ask’ (or Buy). You will notice the same in any other [...]