What are the components of a strategy?

1.Entry and exit signal
2.Stop loss placement
3.Money management, including position sizing
Remember that these three sections of a strategy have to be as specific as possible and they have to make sense. A day trader cannot be thinking in the middle of a trade, "Where will I place my stops this time?" or "I wonder if I should be buying or selling now?" This has to be clearly defined by the system being used so that the day trader is simply following a set of conditions in any given market situation. When this is accomplished, every new position that the trader enters or exits builds the discipline he needs to succeed.
Mastery of the day trading strategy will come over time, as the trader learns to apply it with precision and consistency. That is why it is also important that the strategy be simple enough to apply without having a Ph.D. from MIT. When the strategy has too many indicators and conditions, the day trader can be easily confused, and a confused trader has almost no chance of executing successful trades.
A successful strategy must boast a postive expectancy.

White Labels With Forexgen :

Forex White Label partnership allows the trader a quick access to the online foreign currency exchange market.
ForexGen provides two types of trading White Label partnerships, a limited and a full solution. ForexGen different types of forex White Label partners are able to access ForexGen's trading platform entirely branded under each partner's unique company image and name. We provide a customizable online trading platform for the different types of the two White Label solutions.
Full White Label
We provide 'full White Label partnership' to match the needs of the regulated companies and organizations that have a legal authorization to hold clients' funds. Our online trading platform is the most qualified online trading software in addition to an experience based infrastructure, but the full White Label partner is responsible for all administrative work and of all contact with their clients, i.e. opening of accounts.
Limited White Label
Limited White Label partners are also offered to access our customized online trading platform but their customers have to open a direct forex trading account with ForexGen Investments. Consequently, limited White Label partners could be not regulated by a financial authority as they will not hold customers' funds. This service permits the customer to manage his trading actions freely without vast administrative paperwork.
WHAT are the advantages of being a WHITE LABEL PARTNER with ForexGen?
A Qualified and familiar online trading platform branded under each company name!
· Streamline dealing with no request for quote for up to 200 lots (20 million).
· Our online trading platform offers trading of 25 currency pairs also Gold and Silver with the 'one clicks trading' mechanism.
· Constantly updated real time prices.
· Real time charts with the most common indicators.
· Daily account statement.
· Recent technical analysis by Capital Management is provided each day to the mailbox in the ForexGen online Trading Platform.
· Streaming news quotes provided by AFX News.
· An attractive income sharing plan
Trading White Label enables our partners to charge their clients' commission for each traded lot.
They also have the ability to raise the spread for all or certain customers.
ForexGen offers a minor predetermined percentage for every closed lot traded by their customer in case that White Label partner does not raise the spread or charge their customers a commission.
Commission is paid out every month.
Learn more through http://www.forexgen.com/

Money Managers With Forexgen

An individual who is responsible for the entire financial portfolio of another individual or another entity. A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.

Benefits of being a Money Manager with ForexGen:
· Providing three different commission sources.
· Weekly commission plan.
· Easy & fast commission withdrawals.
· Fixed percentage of the profits.
· P = k * D “P=Profit, k=Variable Parameter, D=Deposits”
The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.
Individualized services:
ForexGen Money Manager’s services provide an extremely competitive program for managing client’s funds in order to introduce new clients to the Forex Market without having them to trade. The Money Manager will be gaining commissions from two fixed sources and a variable one based on the amount of deposits you are managing in your money manager account. Money Manager's client's account can be activated with the agreement of their clients. Moreover, they will be enjoying the benefits of being a ForexGen family member:
· Up-To-Date RSS news feed.
· Lowest spreads in the Forex Market.
· Tremendous amount of Technical Indicator.
· Fast order execution.
learn more http://www.forexgen.com/

What Is Scalping?

Scalping Strategies:

Some scalpers work around the bid/offer, buying on the bid and selling on the offer to pocket the spread, or perhaps a tick or two more. This is perhaps the "purest" form.
Slightly longer term scalp trades (there's an oxymoron!) are generally taken from three different trading patterns:
Breakouts from consolidation
Bounces off support and resistance
Retracements in a trend. Retracement scalps may be taken with the trend following a pullback, or, if the trader is sharp and brave, countertrend during the pullback.
What sets a scalper apart from other traders is that the profit target is likely to be small. While a longer term breakout trader might wait for the breakout to turn into a trend, the scalper will generally be happy to pocket a few points during the frenetic trading activity as the breakout occurs. (S)he may well trade in large size with an eye on the order flow in order to spot the optimum time to enter and exit.
Some traders will scale out most of their position for a scalp but leave some on, in order to capitalise on further price movement, should it appear. Different market conditions often require different approaches so scalping can be a tool in the trader's box as opposed to the method always used.read more.......

Advantages:

Very effective use of capital with minimal risk per trade.
High percentage win rate.
Suitable for the impatient trader who is prepared to devote a lot of time and continuous focus to the market.
Event risk is small as the scalper will usually be almost certain of a fill at the chosen exit point even if conditions suddenly change.
Knowledge of fundamental analysis not required, although scalpers should be aware of news and/or earnings releases.read more.....

Disadvantages:

Intense, draining and demands a lot of screen time. Accurate timing is vital.
Trading platform, data provision and connection the the exchange often expensive.
Danger of "death by a thousand cuts" to the inexperienced.
Higher cost per unit of profit than longer term strategies.
Requires complex knowledge of market structure and order flow.
Can be stressful
Not suitable for spread betting.for more informations...

Scalping Enabled Account

Trade and scalp the market ForexGen has the pleasure to announce availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, ForexGen offers traders all the advantage of a “no dealing desk” option.read more..............