FX trading is purchase and sales of major currency like EURO. There is no assurance of profit since trading currency is heavily relying on prediction. Results mainly depend on individual and market environment.

Case profit:
Example one may buy Eur1,000,000 @$1.37 ; if ever market is trading @$1.38, he may sell the million for profit at formula (Sell:Eur1,000,000 x $1.3 – (Buy:Eur1,000,000 x $1.37)= profit $10,000.00

Case loss:
Example one may buy Eur1,000,000 @$1.37 ; if ever market is against him and trading @$1.36, he may sell the million into loss at formula (Sell:Eur1,000,000 x $1.36) – (Buy:Eur1,000,000 x $1.37)= loss $10,000.00

Next move for profiting trade:
One has to simply and prudently keep on monitoring market environment for another chance and transaction.

Next move for losing trade (Example, market trend is unfavorable for Euro buyer)
(a) Cut loss and reverse position or,
(b) Cut loss. Buy again when time Euro rate getting much and much cheaper. Or,
(c) Just to top up additional capital and maintain the position until the rate becomes favorable again.

Trading tools:
Real time market rate and charts
Worldwide real time news agency
Technical analysis reports

Capital and risk:
Client is the one who control the risk depending on his capital ratio against his trading volume.
(a) Client may trade at 100% capital; he may keep this sum of currency with his bank account until profit.
(b) Client may trade at credit terms, example using 1% booking deposit against his trading volume. If ever the market value ran unfavorable to him, he may top up additional capital or cut immediate loss.

Trading Overhead:
When one is trading with a FX firm, however there is service consultant or service center involvement, in the usual practice, there is commission charges to trading on client’s account. This is standard commission and service charges made known to the client beforehand.

Commission return:
Example a client agreed 3 pips as commission on each purchase & sale for his service consultant, the computation as follows:
Purchase (1,000,000 x $0.0003=$300) + Sale (1,000,000 x $0.0003 = $300) = $600.
With the same capital, you may go into another transaction on the following trading day.

Trading client concerns:
There is common error with some FX business promoters. They introduce to the public that trading in FX would be the same as investment with this FX Company. Trading and investment are two different things. When you deposit some booking money for certain sum of currency, such money will never be considered as subscribing the share of this company or investment plan. Your money is paying for the sum of currency you bought and later on get back the liquidated balance upon selling. Any maintaining balance with this company is the liability of company.

On the other hand, being a trading client like me, I care very much if my currency position is favorable to me and this FX Company will pay me the profit later? Will DTI or SEC drive the currency value much favorable to me and also guarantee me the payment? The answer is “absolutely NOT”! Therefore registration with SEC or DTI means nothing to me as a trading client. I have to prudently monitor the market environment and make decision myself.

To know if a company is stable and capable enough, the very basic consideration is looking into company’s history, when FX firm had been in the industry like ten to thirty years, to me, they are mature enough. I do not find FX firm with this background especially in Philippine except the company in here that this site is maliciously attacking as to its reputation destroying.

Let us respect each other’s rights. I have the right to do my thing in FX trading as I believe being a client in that FX firm has done nothing wrong to me and if one did not profit in his actions with said FX firm, it is his own decision based on the risk he had taken. But let us be respectful and not say nasty thing in the web and forum without any factual, legal basis and not understanding the business well.