You should be aware that I haven't any formal training in forex trading, nor have I ever had a job trading forex, but I can assure you I've read a lot of books and attended several seminars about it, which has given me trading pretty good insights. And don't worry, this is something anyone can do by following some simple rules which I can show you. So while the pros pore over their fibonacci graphs and their interest rates announcements, you can relax and simply read my text messages which will advise you how to trade. Well, not advise, because I'm not a financial adviser. It's really just a suggestion which you can choose to follow, or not. It's the ultimate freedom. Have I sold you on it yet? Probably not, but one man who does a much better sales job on this type of thing is Steven Robertson, director of a company called Harrington Group. The words on Harrington's website suggest it has something very special to offer. You might believe this form of investment is beyond you Highly sophisticated, computerised programming was used to glean and assess the most minute pieces of information over many years. At this very moment you could be using the Currency Trader programme to achieve what you always wanted in life. Another bit of blurb says "Start the road to financial freedom with our unique stock market programme Currency Trader. I first encountered Robertson four years ago. The company he was associated with back then was called Morrison Ross, since liquidated and struck off. Since then I've had periodic emails indicating Robertson entities were offering other schemes such as horse betting software called Excel and a share trading product called Precision Trader. Robertson was reluctant to meet back inso when I learned his new operation was based in Kumeu, near Auckland, I thought I'd pay a visit. The premises are at Main Rd, Kumeu, in a small unmarked unit between a cafe and a National Hearing Centre. Robertson turned out to be aged about 40, of medium height, with thinning hair and the build of a rugby player. Smartly dressed in jeans and a striped business shirt, with his black Audi Q7 parked outside, he had the appearance of someone in good financial shape. The forex trading product, he said, was a change of tack for his business because "the share markets are shot, so we thought how can we look at something that would potentially be in the same line and would benefit the client. Forex was the world's biggest market and could be traded profitably whether markets were going up or down, he said. Although the Harrington website implies its software is proprietary, Robertson said the service used a trading platform from CMC Marketsa global player in contracts for difference, or CFDs. But "they're nothing to do with the recommendations, they're not a recommendation broker. The recommendations come from Robertson himself and his expertise was "self taught," he said. Robertson said he uses technical analysis - the study of graphs and currency trading patterns rather than economic fundamentals - and his recommendations aim to trade in and out of small fluctuations in exchange rates. A more important forex is that they do actually take the stop loss. A one to one stop loss. If you're looking to take 50 pips, you need to take a 50 pip stop loss. Leaving aside, for now, the question of whether Robsertson's scheme is a good way to make money, it's worth noting how it fits into the new financial adviser laws, which is not at all. Forex isn't classified as a category one or two financial product under the legislation, which means recommending forex trades isn't financial advice - even if advising clients how to make money trading forex would appear to be financial advice. Regardless of the merits or otherwise of Robertson's offer, I find it odd that forex is excluded from the legislation. The Financial Markets Authority wasn't able to explain the reasons for it when I asked. Anyway, returning to the merits of Robertson's offer, there are ways to access forex trading advice without laying out so much up front, which trading having more available to trade with. For example, forex trading advice is available from regulated firms such as OM Financial. OMF director of derivatives and commodities Kevin O'Sullivan says the firm will proactively telephone clients with advice on what trades to do, or will offer advice on the spot if clients ring in. You can also get free tutorials on forex trading from the likes of CMC and IG Markets. But I have to wonder whether people getting a cold call from Harrington will be given much background on the alternatives, or on whether forex trading is a suitable financial scheme for their circumstances, which, come to think of it, is a form of financial advice. The way I see it, Harrington's offer is akin to someone standing outside a casino offering, for an upfront fee, tips on how to play your cards at the blackjack table. If you'll buy that, you will probably think the deal is fine. The sooner the FMA shuts him down, the better. If he had the key to riches, why is he still working? Forex he be living in his luxurious palace counting his money? I help em track it down to get them a refund. I wish the guy would use a different name. Maximum of characters about words. More questions than answers in Strategic saga. A dubious deal at NZF. Will Hotchin lose long-time legal eagle? Up to their old tricks. Sky 1, Competition 0. Some tips on forex trading. 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Viewed Shared Commented Simon Barnett won't be having that wine with Tom Cruise any time soon London fire: June 16 'This can never happen again': Delicious lemon slice from The Boatshed Cafe Liz Koh: Excessive frugality can be as bad as over-spending Kiwi babies being weaned on to high-sugar diets from 4 months old, health group says Wrecking ball comes for former Molly Malones building, site to remain empty for 18 months Mum with Guillain-Barre syndrome vows to walk again 'This can never happen again': About Us Contact Us Terms and conditions Privacy Policy View Smartphone Site. Dominion Post The Press Waikato Times Auckland Now Taranaki Daily News Manawatu Trading Marlborough Express Nelson Mail Timaru Herald Southland Times. Send us your photos, videos and tip-offs: Registration is not required to post a comment but if you sign inyou will not have to enter your details each time you comment. Registered members also have access to extra features. Create an account now.
Yezek, Lee Peter (1999) Surface characterization of colloidal particles by electrophoretic and hydrodynamic fingerprinting.
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Due to interest in investment banking I want to direct my career in that direction and I am working on that as well.
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