Markets collapse worldwide

Investors monitor falling share prices in front of a panel displaying the Hang Seng Index at a brokerage in Hong Kong, on Tuesday, January 22, 2008. Hong Kong shares prices have fallen dramatically, tumbling 8.0 per cent in the morning session as investors dumped stocks amid fears of a US recession. The benchmark Hang Seng Index fell 1,914.73 points to 21,904.13, the government radio said.

* For the first time in many months, value has emerged, at least in pockets. Not just for stocks, even the Sensex at around 17,000 trades only at 16 times 2008-09 earnings, not including the embedded value that lies in many large-caps. Sensex falls off 19th floor, plunges to 17th as US Panic and FII sell-offs trigger biggest-ever crash on Dalal Street.
* Sensex recorded its biggest ever single-day drop of 1,408.35 points, and investors lost notional wealth worth Rs. 6,63,975 crore.
* Philippine shares close 5.5 percent lower
* South Korean shares down 6.23 per cent
* Aussie stocks extend losses to 6 per cent
* Chinese share prices were sharply lower in Tuesday morning trade, losing 4.07 per cent, amid growing fears of a US recession after sharp selloffs overnight in overseas markets.
* Every fall has a lesson though: empty stories can run till a point but finally the market will whip the froth off. It is best to learn from this fall and move on, perhaps even use the next few difficult weeks to construct a high quality portfolio that is based on hard cash and earnings, shorn of hype and dreams. These may be tough days but it may well turn out to be the best buying opportunity of 2008.

Sigma Services

As a professional online trading service Sigma strives to give an eminent beyond comparison of professional and individualized trading services, Sigma also provides several facilities for all kinds of traders.

Sigma helps private and institutional clients achieve their trading goals by offering an inclusive forex trading package, along with the state-of-art trading platform, real-time news and wireless access. We relegate to meeting and exceeding our customers' expectations with the utmost professionalism and integrity.

Sigma provides appropriate services satisfying the needs of all business partners’ specified requirements. A client's profit is our success and a client's loss is a significant call of action for us, we consider every client as a special case and a partner.

Sigma's Customer Support is our business core, as we provide 24/7 customer support. We keep in touch with all our clients to make sure that we are on the right pass.

How Does Forex Trading Work?

Forex trading is typically done through a register broker or market maker. A forex trader can choose several different pairs of currencies, like EUR/USD, GBP/USD, USD/JPY, USD/CHF, and if you feel is going to change in value you could place a trade. The forex market is considered to be one of, the most liquid markets today.

The forex market is the biggest market in the world, trading more than 1.8 trillion every day. So why you should trade forex it has certain advantages over other trading markets. The first is a 24-hour trading, so you choose the hours you want to trade. The second area is low transaction cost in forex trading; the cost for a transaction is worked into the price. The market calls it the spread is the difference between the buying and selling price.

There is leverage you choose a forex broker they allow you to trade the market using leverage be aware it is in your favor at certain times. Leverage lets you trade more money on the market than what is actually in your account. For example let’s say you were planning to trade at 50:1 leverage, you could trade $50 on the market for every $1 dollar. So this means you are dealing in a trade of $50,000 using only $1000 of money. But remember leverage you place very careful, but at the same time it could make you a lot of money.

You could open a demo account with your broker, some brokers will offer a 30 or 60 days trial, with their trading platform. It lets you have a chance to practice with money that you are not using for real. A demo account is a good opportunity to make you feel comfortable, with the broker’s charts and tools you could gain more confidence in your trading style. It also prepares you to trade in the real market.

In forex trading is a day-by-day learning experience, you will learn by your mistakes and learn from them. So by learning from those mistakes and when to avoid them, and keep learning more and more you can become a very successful forex trader

Forecast And Win An Account

Get A Free Real Account

Through Sigma indicators you can forecast the upcoming prices of the pairs & get a chance to win a $ 50 live Sigma account.

For participation please select the pair that you are predicting for it, then fill in the following form & don't foreget to write down your
forecasted price.

Sigma Forex encourage the clients to study and analyze Forex Market by giving them more promotion and more chances to begin trading at
Forex Market.

• First: Choose one pair from the platform.
• Second: Try to use Technical And Fundamental Analysis to predict Friday's closing price for this pair.
• Third: Write down in an email the following data:

1) Your Telephone Number
2) Your First and Last Name
3) The Choosen Pair
4) The Predicted Price
5) Your E-mail Address

• Fourth: Send this emails at If at any time you need assistance please click on the Live Chat button on the right menu and one of our customer support staff will help you through the process.
  

Forex Broker Regulation - Part One

What good is forex broker that you can trade and make money with, but when it comes time to take your money, they don't give it to you, because they don’t have it?

Forex Broker Bust Story. Refco was the biggest forex broker that was worth around $4 billion dollars. In October of 2005, Refco shut down its operations and every trader who had money with them got screwed big time.

Refco was regulated and for some time they were spending not only their profits but also deposits of their clients.
The amounts of money that traders saw on their trading platforms and the amounts of money Refco had in their bank accounts were different by $400 million.

So when the news hit the wire that Refco is running at such deficit, traders panicked and started asking for withdrawals. The only problem was that Refco was $400 million short of what it owed to traders.

There was a trial of course, and whatever assets the company had the court ordered to distribute among traders. I knew some people that had money with Refco. As far as I remember, after all assets were sold they got around 10% of what was owed to them. That means if person had $10,000 in his trading account, he got only $1,000 of it.