Bengaluru, Karnataka, March 31, 2010 /India PRwire/ -- "Proforexroom
Opens Up Trading Opportunities And Education To Traders In India and
Asia" - PFR
Online education provider Proforexroom.com announced today an
expansion of its training and education services targetting India and
Asia. PFR as the company is commonly referred to online and in chat
forums is an online Foreign Exchange trader training organisation
working live during the market session. "We (PFR) trade during the
European trading session (8am CET to 6 pm Central European Time),
"..Generally there is minimal opportunities during the Asian session
and therefore we go where there is appropriate trading volume and
volatility".
"Flexibility to work from home - a home based business that is simple
and can make money" - PFR
PFR said today that its company provided an opportunity for "live"
training in foreign exchange trading as the market unfolded in real
time.
"... Theres no curve fitting of technical charts, the market is
happening as the trainer is speaking... he is making trades live
entering and exiting the market and guiding members along the way who
have the choice to mimic trades on a live or demonstration
account...This is trading in the raw, live trades using real live
situations not paper trading"
"... it must be remembered that Forex is the worlds biggest traded
market with over $3 trillion in currencies transacted per day... along
with this comes risks involved. Clients find it easy to open up a
broker account whether they are in Europe, Malta, Australia, India,
Hong Kong or Indonesia. Anywhere you can trade, but trading is also
risky when it involves leverage with some brokers offering 1:200
leverage. Online web trading platforms can be easily downloaded and
money deposited into a live account through a visa card system
http://www.visa.com or paypal http://www.paypal.com... its this ease
of entry into the market that creates extreme risks to the traders
capital. People often think trading the financial markets is easy but
its not, it takes a lot of trader education, books, etc. Essentially
the room is getting traders up to speed to trade safely, quickly in a
short space of time using disciplined trading techniques and
strategies that were reserved for professional bank traders before"
Before you trade however PFR warned you need to have an evaluation of
your risk profile and see if its money you can afford to lose. That
said, if careful assessment is done and professional advice sought
currency trading is the perfect home based business for startups.
There is no staff to employ and overhead costs are minimal.
"We are excited to be moving into the India and Asian region...
Classes are conducted during the European session and generally the
market is active during this period of time especially in the European
currencies traded such as the Euro, Pound, Pound Swiss, Swiss franc
and Japanese Yen crosses. The time frame works well for Indian
traders, Chinese traders to South East Asian regions around Indonesia,
Hong Kong and Australia. Members can see the traders screen live, hear
the trader talking through trades from trade setup, trade entry,
placement of stops, complete money management of the trades through to
exit of the trade. This is a perfect way to learn and gain the
necessary trader psychology to stay in the market for a longer term
period through complete forex education."
As part of the expansion, PFR annouced a 2 week FREE trial offer. We
are offering new clients in the Asia Pacific region who want to learn
the PFR system a free 2 week trial to the trading room. You can
effectively hear the trader making trade calls in both English and
Italian languages.
"This is a great opportunity to learn and earn... Trialists who go
onto join the room receive other benefits including a minimum pip
guarantee per month, rebates on trades and the like including chat
room support. Anyone who wants a trial simply has to go to our website
http://www.proforexroom.com and record their details ... its that
simple and they will be given a login and password to enter into the
room."
Notes to Editor
PFR is a global online education provider of Forex trader training.
The companies website is http://www.proforexroom.com. Proforexroom.com
offers classes in trading foreign exchange during the European trading
session (approximately 10 hours per day) and currently offers a free
trial to prospective members in India and Asia. Forex is a $3 trillion
dollar a day market. It is recommended that professional advice be
sought from your lawyer or accountant, financial advisor prior to
making any trades in the foreign exchange market and money to trade
should represent "risk capital" only.