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Online education provider Proforexroom.com announced an expansion of its training and education services targeting 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".

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 world's 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. 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 announced 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.

Source: IndiaPRWire

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