3 Steps to Successful Forex Trading

Quick start at Forex Trading often goes not the way one expected. There could be many causes: a wrong approach to trading, working without a plan, defective equipment or online connection, intense emotions. Many traders lose their first account and only after that do the research, analyze their actions. Do you want to learn how to avoid these mistakes and trade forex in an efficient manner? Read our tips, save time and money for the future winnings.

Choose the Right Goal

The first step is to establish your goals within the time frames. It helps you to maintain motivation, better organize learning process and quickly get the desired results. For beginners, the best choice is the goal that centered on the process, for advanced traders – outcome-oriented goals. Regardless the goal type, the main purpose should be development of the traders skills, strengthen of the motivation, boost of the confidence.

And only after you master all necessary techniques, get enough experience, you will understand what process you should follow to achieve your goal and could select the right forex trading strategies.

Set up VPS Server and Trading Platform

Using virtual private server (VPS) on home PC is an excellent option for traders who wants to have a stable online connection and continuous access to the trading account. VPS ensure a stable working even in a case of some obstacles on their computer. It allows making sure that your settings are still working on the trading platform and your account is safe.

Special solutions of Forex VPS hosting helps to optimize traders work. TradingFXVPS provide ready-to-go systems, so setting takes just a few minutes. After login into VPS you can start setting up your forex trading platform. It can be popular MetaTrader, NinjaTrader, TradeStation, jForex, and others.

Build Your Personal Attitude

Attitude for forex trader implies training personal such qualities as patience, discipline, objectivity. Letting your emotions to get on top means risking to have the disappointing returns. Discipline will help you in that moments when system spur you into active action or when you should throw up the game. A good solution would be to go back and revise your course of the trade. A fresh look helps you realize what is going on and make the right decision.

Forex trading is a huge number of methods and nuanced. And there is no one sure way how to trade. We can only recommend you always stay calm and never lose money.

Reasons to Use Private Server For Forex Trading

If you only found yourself in forex trading or decided work from home PC, you are sure thinking about VPS hosting for Forex and especially their solutions for traders. To make VPS systems easier to understand, we have prepared the short answers on questions: “what is VPS hosting?” and “how does it work?”.

There are two types of hosting service – shared and dedicated servers. Dedicated hosting provides for client’s needs entire server. Shared hosting includes lots of websites on the same server. VPS hosting is a cross between these two types. On the one hand, it allows you to share the cost with other users, on the other hand – it ensure you total control on your application.

A Forex VPS hosting is a virtual private server with own server resources and operating systems, which are physically located in a hosting provider data centers. Setting up a VPS on a personal computer allows you using these resources 24 hours per day. It is not only high-speed internet connection and data storage, it is the highest security level, stable and professional support.

How Does VPS Hosting Work?

In the process involves the powerful hardware, special equipment and a big team of professionals. The physically it consists of several modules, on which installed server software. Each component can function separately, independently from other units. After server software is installed, you will get some place on server’s resources like disk space, RAM, and CPU. The virtual private server works entirely as a dedicated server. You will get a root access to the server, full control over the system. It allows you to configure the VPS solution according to your needs. This way your data are protected against any malicious program and cyber attack. Your application is able to work continuously, without any interruption.

The main trading requirements is a running 24/7 terminal. TradingFXVPS systems simply solve it and provide you access to Remote Desktop Connection from any place at any time. Using a virtual private server offers the benefits of high reliability, high performance, security, and control. Due to the complete solutions for forex traders, it is widely used by traders all over the words for more safe and stable trading.

Forex Trading via Customizable Dedicated Server

Everyone who wants to become a Forex trader has to decide whether to use a home PC or invest to a personal VPS for Forex trading. The purpose of having a Forex dedicated server is to manage a trading strategy 24/7. But setting up, hosting, and maintaining an own server for yourself is expensive and complex as well.

Convenience While Trading Online

Instead of purchasing and hosting your own server, you can use a forex trader dedicated VPS that is sold as a service by a hosting provider. You just rent space with pre-installed software, and there will be no server set-ups or maintenance.

A Virtual Private Server lets you be sure that your trading connectivity stays online for 24 hours. With no downtimes, your trading platform runs non-stop.

VPS has its own operating system with the ability of customization and control. You can change the programs and install any trading software to suit your needs manually.

Accessibility is a Key Feature

If you decide to keep a hand on your trades while having vacations somewhere on islands – it is not a problem anymore. A VPS is hosted online, allowing to access your trading platform from any place of the world, any time of the day.

You do not need to bind yourself to the office or home to trade on Forex anymore. Also, VPS software is mobile friendly so that it can be accessed with tablets or other mobile devices.

Some Words About The Security

A VPS is a secure environment, dedicated among others to  Forex traders, as privacy and security are important things for online traders. A VPS grants there are no critical issues that could lead to a security threat while trading. A VPS reduces chances of crashing or malfunction of your trading software.

Advantages of Expert Advisor trading via VPS

VPS is a Virtual Private Server that is used for Forex Automated Trading Systems. Over 50% of all traders use an expert advisor for trading automation, the kind of software that is also known as Automatic Trading Systems. Approximately 25% of traders use VPS hosting that enhances operation.

The main benefit of using the VPS is that the Forex traders can use the hosting virtual environment 24 hours a day, 7 days a week. You can run your Expert Advisors with no interruptions. No need to worry about keeping your PC permanently on, and you won’t dependent on the power supply.

Provide a quick calculation, to determine if your EA is profitable enough to cover VPS pricing. If this is so, then expert advisors’ profit will compensate VPS expenses.

Therefore, the VPS hosting service is available to any trader. The operation system of a server is specially optimized for trading, and has pre-installed Trader’s software. Now your EA don’t dependent on your Internet provider, and there is  no need to have your PC always on.

Let’s sum up the advantages of VPS for EA trading:

  • Access to Live account from any computer;
  • Independence from power supply and Internet provider;
  • Stable EA functioning.

If you can’t decide whether to use VPS or not, set up and test expert advisor on demo, before you start using it for the real trade.

Why do you need a VPS trading server from us?

We offer dedicated servers for traders who need a fast and reliable platform. After setup, you can connect to the remote desktop and monitor trades from any device and location. The common issues like reloading charts, filling in missing tick data, and even power outages will become minimal.

Some bonus advantages of VPS trading not listed above:

  • Technical support 24/7;
  • High-speed bandwidth internet connection;
  • Ability to store files on your own online hard disk;
  • Direct IP address of VPS.

KVM vs VMware vs OpenVZ vs XEN

Introduction

Whenever you think about establishing an online business the first thing that comes to your mind is the shared website hosting plan, afterwards you soon or after a while outgrows resources.. With this upgrade you need to make an important decision, whether you want a Forex Free VPS server or a dedicated server. When it comes to VPS servers a good VPS server is bound to provide you with the top of the line services without any supplementary cost. For the past one decade virtualization technology has gained a lot of popularity. Moving further there is another very important question, what is the virtualization technology your server is providing? Is it the best? If you don’t know which one is the best than we will help you choose with the help of this article. Let’s see which one stands out between KVM, XEN, VMware and OpenVZ, this is a very big debate almost as big as the Apple versus Android debate.

Virtualization

The virtualization software technology is a technology that allows multiple applications and operating systems on one server simultaneously. This allows the server to multi task. It is the technology that has revolutionized the IT industry and changed the industry by transforming its landscape and given the people a new way to utilize the technology. This virtualization technology has many benefits as it increases IT agility, scalability and flexibility thereby increases cost effectiveness. This makes work distribution and work load easier and faster. This makes the system run very efficiently and increases performance and availability as well as ease and automation of operations. In short this software technology has simplified and made IT life cost effective and easy to operate. In this article we will be talking about different virtualizations like OpenVZ, KVM, Xen and VMWare. Here we will explain to you which one is the best amongst these and which one our company uses.

KVM

KVM is the one virtualization that offers hardware virtualization in its best and truest form. KVM hardware virtualization allows equal distribution of available resources. It offers a cost effective, flexible and future proof alternative for dedicated and steadfast servers. KVM offers the kernel modification feature through which you can modify your own kernel instead of being stuck with the company’s allocated one. It uses SeaBIOS, as an implantation of 16-bit x86 BIOS. KVM provides the best service option for the resource hungry websites. These are the websites that require VPS that is the Virtual Private Server. To explain this further we will quote an example of a server that operates with 8 CPU Cores and 16 GB RAM can only offer 8 KVM based VPN accounts with just 1 CPU and 2 GB RAM. This shows how efficient KVM hardware virtualization is.

KVM is the lowest costing virtualization technology, almost 60-90% lower in cost than others. The performance and scalability is on mark and very consistent. KVM offers a very high level of security and has been awarded for meeting the common security standards of government. As mentioned earlier you can customize KVM according to your own needs. When you use KVM you can completely trust the VPS Company to provide you a concrete hardware with no provision for overselling a server’s resources. The loyalty and services of KVM are better and different than its competitors therefore few web hosts offer KVM. With so much security, efficiency and flexibility KVM is undoubtedly the best choice for anyone looking for a virtualization technology. This is the main reason why most VPS servers are providing OpenVZ and XEN whereas our company provides KVM to its clients.

XEN

XEN is the leading open source hypervisor. It provides virtualization that is compatible with many systems fully. Just like KVM, XEN has a benefit that it cannot be oversold and supports a large range of operating systems. It works on machines not offering virtualization extensions. There is a big problem with XEN is that the system overhead to cater and run XEN is high and it results in decreased resources for the VPS account by default. The only benefit it has over KVM is the open source software running. Due to these inherent disadvantages XEN is placed among the three least efficient main technologies.

OpenVZ

OpenVZ comes under the low cost VPS server segment; it is not a complete virtualization. Talking about its positive aspects first, the OpenVZ offers low overhead, efficient resource utilization and memory savings but the negative aspect is that it allows overselling. This is considered as OpenVZ’s biggest disadvantage. This is because due to the overselling feature when you are in dire need of a service and resources it may or may not be present for you. There are no Kernel Modifications on OpenVZ like in KVM therefore you’ll have to compromise and deal with the kernel it offers. According to a client’s point to view OpenVZ may not offer benefits over a shared web hosting account therefore it is of no importance to the client.

VMware

The VMware claims to be the first commercially successful virtualization software to virtualize x86 architecture. The VMware is known for its hypervisors. The VMware’s technology is very good but there is a downside to them, they are overpriced. Another problem with VMware is that they have an issue regarding hardware compatibility. They have a Hardware compatibility list and you have to first check if your hardware is compatible with your device.

Conclusion

Keeping in view all of the pros and cons of the virtualization technologies for example, OpenVZ has no value over a web hosting service, XEN has low efficiency and VMware has compatibility and cost issues. So we come to the conclusion that KVM is the most reliable and the best and most efficient service provider that cater your hardware, it is not over priced and is highly compatible. Your VPS server will therefore be using the KVM to provide you value for your money. When you trust us with our service we are adamant on providing you something that is the best on the shelf.

Sincerely,

logo

Research Team – We do intensive and regular monitoring of any updates and information relevant and beneficial to our Virtual Private Server. Our team is highly devoted in offering tips and education article to all VPS users. Our goal is to ensure that we are always offering the best customized trading VPS for our clients.