The Secret Golden Fish of FX: Eight Ways to Achieve Success and Growth in the Retail FX Market

Moscow (ots/PRNewswire) -

- FOREX CLUB presents a roadmap for growth and success in the retail FX
industry
- Insights and recommendations apply to all key players, including Introducing
Brokers, traders, money managers, and the brokers themselves

At the 2012 10th International Finance & Money Fair in Shanghai [
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=
en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fshow.amoney.com.cn%2F&act=
url ] , China's leading annual financial services conference,
Demetrious (Dema) Zamboglou, Head of Hedge & Quant at FOREX CLUB,
spoke on how to achieve successful consumer FX business and trading
by understanding and adhering to the principles of the 'Eight Golden
Fish of FX'. These are eight essential steps that brokers, IBs, money
managers and traders themselves should apply to find wealth and
success in the world of retail FX.

(Logo: http://photos.prnewswire.com/prnh/20120517/533090 )

To view the accompanying presentation, please click http://www.mul
tivu.prnewswire.com/mnr/prne/prnewswire/forex/To-Know-the-Eight-Secre
t-Golden-Fish-of-FX-English.pdf

The eight golden fish of FX are:

1) Education - FX rates are driven by multiple factors and the key to
success lies in making informed decisions. Education is essential to gain a predictive
edge by understanding technical/fundamental analysis tools and mastering high
performance solutions and making the most out of being part of a trading community
2) Execution - This is a make or break-it prerequisite for successful trading
and it's essential for brokers to provide to all their clients. Traders and investors
must pick the best platforms for execution to achieve razor-sharp entries and exits,
mitigating slippage and ensuring greater returns
3) Pricing - Traders and investors must look for transparency when selecting a
broker/trading platform to maximise profitability. Costs such as commissions can be
obscured by less scrupulous brokers
4) Reputation - Listen to the endorsements of other traders and participants in
the industry when selecting a broker and pay attention to the conversation taking
place in reputable independent social media online trading communities. Reputation is
key to mutual success
5) Transparency - Be certain that your funds are safe, whether you are an IB,
money manager or trader yourself. Ensure all costs, terms and conditions are clear and
that there is a dedicated and trusted range of client support services available 24/7
6) Analytics - Being informed means being ahead of the crowd. Access to the best
information, in real-time and having the right tools to process this drives success in
FX trading and the FX industry as a whole
7) Regulation - Reputable brokers promote transparency, trust and regulated
client-broker relations. Choose the broker that can offer organised exchange with the
highest standards of regulation and transparency
8) Discipline - Don't let emotions hurt your profits. Poor execution, lack of
experience, hidden costs and insufficient information can all lead to failure - but it
finally comes down to emotions and discipline. Traders of all levels should develop
their own system for trading, set profit targets (with stop-losses and know when to
take profits), and choose the right partner based on reputation, transparency, price,
execution, information and - especially for traders who comprise the biggest
demographic of the market: education for inexperienced (first-time, novice) and
intermediate traders.

Commenting on the eight golden fish of FX, Dema Zamboglou, Head of
Hedge & Quant, FOREX CLUB, said: "We wanted to share with our
important Chinese audience of financial experts our insights on
retail FX best industry practice, standards and principles to ensure
and on show them that FX trading can be done successfully if you
follow some clear guidelines and principles.

"FX is one of the fastest-growing asset classes globally and is
attractive to clients of all backgrounds and levels of experience.
And the most important part of successfully navigating the FX market
when you are an inexperienced or intermediate trader is education. By
appreciating the value of these eight golden fish of FX, traders,
investors, IBs, money managers, and consumers, have the potential to
realise success and growth for long-term prosperity."

Notes for Editors

About the speaker

Demetrious Zamboglou, Head of Hedge & Quant, FOREX CLUB

Demetrious (Dema) Zamboglou joined FOREX CLUB as Head of Hedge &
Quant in February 2012. He is also a Board member of the FOREX CLUB
Group of Companies.

Dema is responsible for managing market risk, product pricing
framework and enhancing and managing profitability under regulatory
constraints. He has a strong track record of leadership in
derivatives trading, mathematical modelling, evaluation and promotion
and proven quantitative and technical capabilities, with an
innovative and lateral approach to computer programming, algorithmic
projects management, trading systems and global automated exposure.

Prior to joining FOREX CLUB, Dema was Risk Analyst and Project
Coordinator at Alpari (UK) Ltd. While in this role, he oversaw
improved profit margins and overall business performance through
devising innovative turnaround strategies and stress models, as well
as assisting with trading policy development. He also headed up the
UK and US global automated exposure project, driving risk management
policies and strategies following the FSA and CFTC regulatory
changes.

He was a Square Mile Magazine (UK) '30 under 30' finalist in both
2010 and 2011. Dema is currently studying for a PhD in 'Risk
Signalling in Financial Trading Operations' at Kings College London.

About FOREX CLUB Group of Companies

Please click on this link for more information FOREX CLUB.
[http://www.forexclub.biz/content/forex-club ]

Photo:
http://photos.prnewswire.com/prnh/20120517/533090

ots Originaltext: FOREX CLUB
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Contact person for more information: Robert White, Global Head of
PR, FOREX CLUB, +382 679 113 204, white-r@fxclub.org