What is Agea Trade?
AGEA offers a wide range of services and products designed to meet the changing needs of both individual and institutional traders worldwide.
Our commitment to providing high quality service and innovative business solutions has enabled us to successfully establish and maintain numerous partnerships worldwide. Through these partnerships we are able to provide our clients with a set of additional services tailored to their specific needs.
AGEA provides services through several trading platforms. You can browse through a list of trading platforms and available market instruments, read about their specifications, and decide what instruments you are interested to trade.
AGEA assistant program provides opportunity for individual members of our affiliate program to work more closely with AGEA and provide assistance in customer support and in other areas. AGEA is pleased to welcome prospective assistants from all countries around the world and strongly supports diversity in the assistant program. All new applicants start with the base Assistant position, while the best of them are promoted to more advanced positions.
By utilizing our trading platforms you are able to use certain services AGEA provides free of charge, while for others you will be charged according to the price list. In order to trade on a live trading desk or to pay for non-free services, you need to deposit funds to your AGEA account.
Resources & Guides
The introductory articles and various other items on these pages are intended to help you understand trading basics. They are not intended to be definitive and they are not necessarily compatible with your trading techniques, methods and goals. You should make an independent judgment as to whether techniques or methods described on these pages are appropriate for you in light of your financial condition, investment experience, risk tolerance, and other relevant factors.
Introduction to Markets
Financial market is a mechanism that allows people to easily buy and sell (trade) market instruments. Electronic computers, communications and the Internet bring continuous improvements to the mechanism of financial markets. Some financial markets operate on a 24-hour basis, spanning from one zone to another in all the major financial centers. Please click on the links below to read more about the exciting world of trading.
» Buying and Selling
Financial market is a mechanism that allows people to easily buy and sell (trade) market instruments at low transaction costs and at prices that reflect efficient markets. Financial markets have evolved significantly over several hundred years and are undergoing constant innovation to improve liquidity.If you believe value of a market instrument is going to increase, then you would buy the instrument and at one point in the future you would sell it for a higher price. This is the basic motivation for trading on financial markets.
» Orders and Positions
When you want to open a position you need to place an "entry" order. If and when the entry order executes, the position becomes "open" and starts its life on the market. At some point in the future, you will place an "exit" order to "close" the position. A position can be "long" (entry order is to buy and exit order is to sell an instrument) or "short" (entry order is to sell and exit order is to buy an instrument).
» Calculating Profit
The objective of trading is to buy a market instrument and later sell the same market instrument for a higher price. In case of margin trading, trader can also sell a market instrument first and later buy the same market instrument for a lower price. Either way, trader has to close position in order to lock in the profit.
Let us assume that you open a long position by buying a market instrument for 129.38 (quantity of 10000) and few hours after that, you close the position by selling it for 129.52 (same quantity of 10000). These two trades would bring you profit of (129.52 - 129.38) * 10000 = 1400.
We can also say that these two trades would bring you 14 "points" profit. A "point" is the smallest increment in an instrument's price. For the instrument in the above example, one point is 0.01 and for an instrument denominated with 4 decimals, one point would be 0.0001. Expressing position profits in points is often very useful for quick calculations and estimates.
One point, from the example position above, would bring you 0.01 * 10000 = 100 profit, denominated in the same currency the market instrument is denominated in.
In case of currency trading, a pair denomination will be in the counter currency (JPY is the counter or quote currency in the USD/JPY pair) and you may need additional currency conversion to get profit calculated in the currency your trading account is denominated in.
Experienced traders will often say "trend is your friend" or "do not overtrade". What does it mean? The links below will lead you to pages where you can read more about basic trading guidelines, general information about the technical and fundamental analysis, and some simple ideas about risk management. These are just basics - you will need to read much more related literature to become a successful trader.
» General Guidelines
Plan your trade and trade your plan: You must have a trading plan to succeed. A trading plan should consist of a position, why you enter, stop loss point, profit taking level, plus a sound money management strategy. A good plan will remove all the emotions from your trades.
The trend is your friend: Do not buck the trend. When the market is bullish, go long. On the reverse, if the market is bearish, you short. Never go against the trend.Focus on capital preservation: This is the most important step that you must take when you deal with your trading capital.
Your main goal is to preserve the capital. Do not trade more than 10% of your deposit in a single trade. For example, if your total deposit is $10,000, every trade should limit to $1000. If you don't do this, you'll be out of the market very soon.Know when to cut loss: If a trade goes against you, sell it and let go. Do not hold on to a bad trade hoping that the price will go up. Most likely, you end up losing more money. Before you enter a trade, decide your stop loss price, a price where you must sell when the trade turns sour. It depends on your risk profile as of how much you should set for the stop loss.
Take profit when the trade is good: Before entering a trade decide how much profit you are willing to take. When a trade turns out to be good, take the profit. You can take profit all at one go, or take profit in stages. When you've recovered your trading cost, you have nothing to lose. Sit tight and watch the profit run.
Be emotionless: Two biggest emotions in trading: greed and fear. Do not let greed and fear influence your trade. Trading is a mechanical process and it's not for the emotional ones. As Dr. Alexander Elder said in his book "Trading For A Living", if you sit next to a successful trader and observe him or her, you might not be able to tell whether he or she is making or losing money. That's how emotionally stable a successful trader is.
Do not trade based on tips from other people: Trade only when you have done your own research. Be an informed trader.Keep a trading journal: When you buy a market instrument, write down the reasons why you buy, and your feelings at that time. You do the same when you sell. Analyze and write down the mistakes you've made, as well as things that you've done right. By referring to your trading journal, you learn from your past mistakes. Improve on your mistakes, keep learning and keep improving.
When in doubt, stay out: When you have doubt and not sure where the market is going, stay on the sideline. Sometimes, doing nothing is the best thing to do. Do not overtrade: Ideally you should have 3-5 positions at a time. No more than that. If you have too many positions, you tend to be out of control and make emotional decisions when there is a change in market. Do not trade for the sake of trading.
» Technical Analysis
Technical analysis differs from fundamental analysis in that technical analysis is applied only to the price action of the market, ignoring fundamental factors. As fundamental data can often provide only a long-term or "delayed" forecast of market price movements, technical analysis has become the primary tool with which to successfully trade shorter-term price movements, and to set stop loss and profit targets.Technical analysis consists primarily of a variety of technical studies, each of which can be interpreted to generate buy and sell decisions or to predict market direction.
Support and Resistance Levels One use of technical analysis, apart from technical studies, is in deriving "support" and "resistance" levels. The concept here is that the market will tend to trade above its support levels and trade below its resistance levels. If a support or resistance level is broken, the market is then expected to follow through in that direction. These levels are determined by analyzing the chart and assessing where the market has encountered unbroken support or resistance in the past.
Popular Technical Analysis Tools
Moving Averages (MA): Indicators used to smooth price fluctuations and identify trends. The most basic type of moving average, the simple moving average, is the average of the past x bars ending with the current bar;
Moving Average Convergence Divergence (MACD): Indicator that utilizes moving averages to identify possible trends and an oscillator to determine when a trend is overbought or oversold;Bollinger Bands: Bands that are placed x moving average standard deviations above and below a simple MA line;
Fibonacci Retracement Levels: Indicator used to identify potential levels of support and resistance;Directional Movement Index (DMI): A positive line (+DI) measuring buying and a negative line (-DI) measuring selling pressure;Relative Strength Index (RSI): Momentum oscillator that is plotted on a vertical scale from 0 to 100;Stochastics: Momentum oscillator that measure momentum by comparing the recent close to the absolute price range (high of the range minus the low of the range) over a period of x bars;
Trendlines: Straight line on a chart that connects consecutive tops or consecutive bottoms of prices and is utilized to identify levels of support and resistance;
» Fundamental Analysis
Fundamental analysis is the evaluation of non-visual information to evaluate trading activity and make trading decisions. Whereas technical analysts utilize charts and mathematical indicators to quantify price activity, fundamental analysts utilize market news and market forecasts to qualify price activity.There are numerous market events that move financial markets every week. Some affect every market instrument while others affect specific instruments.
If the outcome of a market event has been fully discounted by the market, traders will not notice any discernible impact on their charts. If the outcome of a market event has not been fully discounted by the market, the result is either price appreciation or price depreciation and traders will see this activity on their charts.
Every week, there are fundamentally-important market events that are scheduled in every country at specific times. Similarly, there are fundamentally-important market events that may not be scheduled for specific times. Some countries (Germany, for instance) often do not schedule market events for specific times. The outcome of market events is sometimes leaked in advance in certain countries (Germany, for instance) for different reasons.Market events include the release of economic data, speeches and testimony by government officials, interest rate decisions, and others.
» Margin Requirements
Margin requirement is only applicable to margin trading. It allows you to hold a position much larger than your actual account value. Margin requirement or deposit is not a down payment on a purchase. Rather, the margin is a performance bond, or good faith deposit, to ensure against trading losses.
Trading platforms often perform automatic pre-trade checks for margin availability and will execute the trade only if you have sufficient margin funds in your account.In the event that funds in your account fall below margin requirement, most trading systems will automatically close one or more open positions.
This prevents your account from ever falling below the available equity even in a highly volatile, fast moving market.For example, you may be required to have only $1,000 in your account in order to trade position that would normally require $20,000. The $1,000 (5%) is referred to as "margin". This amount is essentially collateral to cover any losses that you might incur. Margin should reflect some rational assessment of potential risk in a position. For example, if a market instrument is very volatile, a higher margin requirement would normally be justified.
Overnight interest is only applicable to margin trading. Trading on margin means that a trader borrows money to buy or sell a market instrument using actual account value as collateral. Traders generally use margin to increase their purchasing power so that they can own more market instruments without fully paying for it.Considering that trading on margin involves borrowing money, trader has to pay interest on the loan. That interest is referred to as Overnight Interest and is generally charged based on number of days a position on margin was held. Most trading systems will charge daily interest portion at the end of each trading session and charge three times more on Monday or on other preset weekday (if market is closed on weekends).In case of currency trading, Overnight Interest is calculated as interest rate differential between interest rates for particular currencies that make the currency pair that is being traded. For example, if a trader wants to sell USD/JPY on margin, he or she will have to pay 4.0% (e.g. U.S. interest rate at 5.0% subtracted by Japanese interest rate at 1.0% makes the interest rate differential) of the amount borrowed per year to hold the position.Before trading on margin it is highly recommended to get information on exact interest rates charged for borrowing money and how that will affect the total return on investments.
To download a trading platform, please click on one of the download links below, then choose the "Save" option in your browser and save the software to your local computer. If you prefer to start the installation process right away, please click on a link below and choose the "Open" option in your browser. For any inquiries you might have during the software download, installation or later use, please do not hesitate to contact our support team:
» Get help with the trading platform software Streamster Platform Streamster is a powerful yet compact and easy to use trading platform, and it is a recommended choice for all traders. Apart from its ease of use, Streamster is also a powerful platform that has its own API for algorithmic trading. Its unique features include international multi-channel chat where traders can freely talk about market or any other topic and where customer support is provided to our clients in real-time. Streamster is also unique by having both live and virtual trading desks exist within one trading account, unlike other providers who may present a different set of rules once trading transitions from demo to live version. In addition, there is an integrated Account Center that allows traders to perform most of their account administrative tasks, like funds transfer, deposit and withdrawal, which makes Streamster the standard trading platform at our company. File Version:2.1585 File Size:540 KB Download File:» Streamster Platform Software • Windows 98 / Me / 2000 / XP / Vista / 7+ • No Spyware, No Adware, No Malware • Uninstaller Included • Option to Minimize to System Tray » Uninstall Instructions » End-User License Agreement Current Status: OK Services Provided: Currency, Index and Commodity CFDs Trading Servers: nss.agea.com
MetaTrader 4 Platform MetaTrader 4 is a programmable trading platform intended for use by traders who understand how to code. It provides the necessary tools and resources to analyze price dynamics of financial instruments, perform trade transactions and create and use automated trading programs (Expert Advisors). There are several chart time-frames and numerous built-in indicators that help simplify analysis, determine trends, define various shapes and identify entry and exit points. It is a platform with its own programming language MQL4, specifically designed for trading, built-in editor and compiler with access to a user contributed free library of Expert Advisors, custom indicators and scripts, making it a good choice for algorithmic trading. File Version:4.00.1220 File Size:1.15 MB Download File:» MetaTrader 4 Platform Software • Windows 7+ • No Spyware, No Adware, No Malware • Uninstaller Included » Uninstall Instructions » End-User License Agreement Current Status: OK Services Provided: Currency, Index and Commodity CFDs Live Trading Servers: mt4.agea.com Demo Trading Servers: mt4-demo.agea.com
Specifics and Facts
If you want to trade you simply have to know what volatility is, how interest rate changes occur and what do they influence. While you chat with traders they will often use slang to express their thoughts in a shorter form: "market is really thin today...".
Thanks for reading and keep it profitable,