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The Corporate Team of IntelaTrader

Our corporate mission statement can be summed up by the following great quotes:

They say the difference between men and boys is the price of their toys. I say the difference between success and mega success is the tools they have acquired to get the job done. IntelaTrader Complete is one of those great tools for Mega Success in The Forex Market...
~Brain Anthony, VP of Operations for IntelaTrader Inc.

"Direct selling provides an unparalleled opportunity for millions of people to take responsibility for their own economic wellness, create long-term financial stability and even realize significant wealth, even while enriching the lives of untold numbers of others."
~Paul Z. Pilzer, The Next Millionaires

"A government makes a country great by providing laws that entrepreneurs can work within. It is the entrepreneurial spirit, that when fully developed, gives a country greatness and prosperity by lifting the living standard of its people. So why don't you become one of this rare breed?"
~Peter J. Daniels

Home based businesses are one of the fastest growing segments in our economy, and that trend will only continue, as the age of the corporation, which began barely a century ago, now gives way to the age of the entrepreneur… the modern direct selling industry is perfectly poised to flourish in this environment and offer unprecedented opportunity to an unprecedented number of people.
~Paul Z. Pilzer, The Next Millionaires

There is not a person, living or dead that has every attribute for success. You are as well-equipped as anyone else. Stop asking why someone else has achieved, and ask yourself the question, "Why not me?" Then be prepared to pay the price. You will be surprised at how you will grow to meet the challenge.
~Peter J. Daniel

Michael Diamond Ltd. , The International Trainer
Michael earned his Business Degree from UNLV. Since 2000, Michael has been aggressively active in Bonds, Stocks, and Options, the S&P 500 and the Forex. He has earned his ******* Degree in Forex Training. He has successfully introduced and trained hundreds of people the nuances of the Market.

Krystal Floyd, Customer Relations
Krystal Floyd has been acquired to head up the Customer Support for INTELATRADER.

Krystal received her teaching degree in Colorado. She and her family relocated to Tennessee, where she began teaching in the Tennessee School System. Most recently, she has been involved with Strategies and Development of Children and Adults with Special Needs.

Before permanently settling in Tennessee, she and her family lived in Florida, where Krystal was Director of Distributor Needs and Customer Service for an International Marketing Company. She has also built healthy sales organizations of her own, making her familiar with both the corporate and affiliate sides of sales and marketing. INTELATRADER is proud to have her as a member of our team.

Michael Diamond Ltd. , Consultant To The President & The Heart of The Company
Like MANY people that I have come to know through my lifetime, I definitely was not born with a silver spoon in my mouth....far from it. I grew up in the suburbs of South Chicago. My neighborhood was a combination Polish, Irish, Italian and German families. We came together in celebrations and in hardships. It wasn't uncommon to see an extension cord ran across the yard to a neighbors house because they had run into hard times, but we all survived together. I watched my parents work hard, only to barely get by. Growing up I thought that if I worked hard and committed long hours to my goals that I would ultimately achieve them.

That dream belongs to a by-gone era.

Today the only way that ANYONE can realize their dreams and goals is to leverage themselves... leverage their finances, leverage their time, leverage their efforts. The standard for the entrepreneur today is to combine efforts of like-minded individuals and to move toward success in masses. Sorry to say, but the Lone Ranger philosophy is dead. The state of the business world is such that it can no longer be conquered alone. However, like my neighborhood from my youth, we can all still make it, if we stick together.

Like millions of others, I wanted to work for myself. I started my own business when I was 18. I was the CEO, the President, the Bookkeeper; unfortunately I was also the Laborer, the Janitor and the Bill Collector.

This company was my introduction to how hard it is to run a business alone.

During this time I also discovered the Sales and Marketing industry. With monthly quotas and attrition, marketing still demands the daily grind. Then I realized I wasn't told the whole truth. We all hear the old saying "If I can do it anyone can do it" That's true but at what level. I found out that in sales and marketing not everyone could do what I could do. My heart told me that there was still a better way. People were not created to work, work and work. In order to have joy in life, there needs to be balance. Working ALL THE TIME is not the way to live. That's when my team discovered the gift of giving and sharing. We have been participating in the FOREX market for the past several years. In the past three years, we have put many thousands of dollars into our own pockets, and better yet.... We have also helped so many put thousands of dollars in their pockets as well. Some in the hundreds of thousands.

I have been given a vision of a Housing Ministry that will put young families into homes that they never believed they could own and be proud of. The traditional ways of purchasing a home obviously doesn't work anymore and efforts need to be given to help those who are looking for a better way of life to reach it. Raising children in a house that the family owns should not be a luxury but a norm. It's up to the older generation into helping them to obtain it.

My education is still going on. If life teaches us anything, it teaches us that nothing remains the same. It is constantly in a state of change and influx. My goal is that it is always on the increase, but more importantly, that I am increasing with MANY at my side. My goals are not the same as they were in 1972. I no longer am the CEO, the President or all those other positions. I have a greater understanding of wealth and achievement. One of my favorite principles is "if you help enough people reach and obtain their goals, your goals will be reached as well.

I am sold out to the philosophy that prosperity is for EVERYONE . That is what people are designed to do. We love to give; not only to others but to ourselves as well. Give and it will be given to you; not only in the measure that you give, but compressed and multiplied to overflowing. I continue to surround myself with team players, in my life. I am always on the lookout for goal-oriented individuals to assist in achieving their prosperity and success, using the tools of integrity and generosity. When I say "God Bless you", I REALLY, REALLY mean it!

Frequently Asked Questions
Click on a question to open the answers below.

What is FOREX?
The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $4 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!

What is traded on the Foreign Exchange?
The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the Euro dollar and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY). Because you're not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country. When you buy, say, Japanese Yen, you are in effect buying a share in the Japanese economy, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy.

What is an EA?
EA is short for "Expert Advisor". It is the "plug in" you use to input your trading parameters. IntelaTrader, WaveTrader and RangeTrader are EA's.

When was IntelaTrader created?
This innovative program was written in Jan of 2007.

Can I add or withdraw funds from my account while I have open orders?
You can, but if you are running CashGuardian you will affect the amount shown in the "snap profit". This will cause a serious problem if it closes a bunch of negative orders or prevents you from getting a cash grab when you should have. It may be best to wait until you have no open orders to make changes to your account balance.

How does the software manage the money in my account?
It doesn't. Money management is a function of the strategy you use. You must adopt your own rules of money management in case of run away profit or draw down on your account. Some of our members remove the profit from their accounts at fixed intervals in order to protect it from abnormal market conditions.

How do I use the software to make a consistent profit in my account?
That's up to you. We are here to help you use the tool as you see fit. Please don't ask us for trading advice.

When I find a strategy that seems to be working, is it okay to increase the amount of lots I am trading in order to make more money?
If a little is good, more is probably not better. If it's not broke don't fix it. Please learn to be happy with your current success. If you add profit to your account, then you are also creating a larger zone of safety in the event of an unexpected market movement that may not be in your favor.

If I trade on a demo account for a few months can I assume it's now safe to trade the same strategy in a live account?
There is no way to experience everything the market can throw at you no matter how long you demo trade. You should only be trading with funds you can afford to lose and not have it affect you in any way. This includes your mental and emotional state not being adversely affected.

How does the software know when to place a trade and when to close it at a profit?
You will set these parameters up yourself, based on the strategy you are using.

What do I need to know to get started?
At a minimum you should have very good computer skills and have a stable computer and internet connection. You should have more than a basic knowledge of the currency or forex market and how it works. You will also need to know all of the policies and procedures of your broker.

What's the best way to learn how to trade with the software?
Its a little like surfing, you can't read a manual and know everything. You have to get wet at some point and you need to be patient because it won't happen on the first day in the water.

Why Trade Foreign Currencies?
There are many benefits and advantages to trading Forex. Here are just a few reasons why so many people are choosing this market:

* No commissions. No clearing fees, no exchange fees, no government fees, no brokerage fees. Brokers are compensated for their services through something called the bid-ask spread.
* No middlemen. Spot currency trading eliminates the middlemen, and allows you to trade directly with the market responsible for the pricing on a particular currency pair.
* No fixed lot size. In the futures markets, lot or contract sizes are determined by the exchanges. A standard-size contract for silver futures is 5000 ounces. In spot Forex, you determine your own lot size. This allows traders to participate with accounts as small as $250 (although we explain later why a $250 account is a bad idea).
* Low transaction costs. The retail transaction cost (the bid/ask spread) is typically less than 0.1 percent under normal market conditions. At larger dealers, the spread could be as low as .07 percent. Of course this depends on your leverage and all will be explained later.
* A 24-hour market. There is no waiting for the opening bell - from Sunday evening to Friday afternoon EST, the Forex market never sleeps. This is awesome for those who want to trade on a part-time basis, because you can choose when you want to trade--morning, noon or night.
* No one can corner the market. The foreign exchange market is so huge and has so many participants that no single entity (not even a central bank) can control the market price for an extended period of time.
* Leverage. In Forex trading, a small margin deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum. For example, Forex brokers offer 200 to 1 leverage, which means that a $50 dollar margin deposit would enable a trader to buy or sell $10,000 worth of currencies. Similarly, with $500 dollars, one could trade with $100,000 dollars and so on. But leverage is a double-edged sword. Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
* High Liquidity. Because the Forex Market is so enormous, it is also extremely liquid. This means that under normal market conditions, with a click of a mouse you can instantaneously buy and sell at will. You are never "stuck" in a trade. You can even set your online trading platform to automatically close your position at your desired profit level (a limit order), and/or close a trade if a trade is going against you (a stop loss order).
* Free "Demo" Accounts, News, Charts, and Analysis. Most online Forex brokers offer 'demo' accounts to practice trading, along with breaking Forex news and charting services. All free! These are very valuable resources for "poor" and SMART traders who would like to hone their trading skills with 'play' money before opening a live trading account and risking real money.
* "Mini" and "Micro" Trading: You would think that getting started as a currency trader would cost a ton of money. The fact is, compared to trading stocks, options or futures, it doesn't. Online Forex brokers offer "mini" and "micro" trading accounts, some with a minimum account deposit of $300 or less. Now we're not saying you should open an account with the bare minimum but it does makes Forex much more accessible to the average (poorer) individual who doesn't have a lot of start-up trading capital.

What Does It Cost to Trade Forex?
An online currency trading (a "micro account") may be opened with a couple hundred bucks. Do not laugh - micro accounts and its bigger cousin, the mini account, are both good ways to get your feet wet without drowning. For a micro account, we'd recommend at least $1,000 to start. For a mini account, we'd recommend at least $10,000 to start.

What is a Spot Market?
A spot market is any market that deals in the current price of a financial instrument.

In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to the other countries' economies.

Unlike other financial markets like the New York Stock Exchange, the Forex spot market has neither a physical location nor a central exchange. The Forex market is considered an Over-the-Counter (OTC) or 'Interbank' market, due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.

Until the late 1990's, only the "big guys" could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutions - and not by us "little guys". However, because of the rise of the Internet, online Forex trading firms are now able to offer trading accounts to 'retail' traders like us.

All you need to get started is a computer, a high-speed Internet connection, and the information contained within this site.

IntelaTrader.com was created to introduce novice or beginner traders to all the essential aspects of foreign exchange, in a fun and easy-to-understand manner.

What is Demo Trading?
You can open a demo account for free with most Forex brokers. This account has the full capabilities of a "real" account. Why is it free? It's because the broker wants you to learn the ins and outs of their trading platform, and have a good time trading without risk, so you'll fall in love with them and deposit real money. The demo account allows you to learn about the Forex markets and test your trading skills with ZERO risk. Any software from IntelaTrader.com may be used on a practice account for as long as you wish. Some practice trading accounts are limited in duration by the broker.

Rollover
For positions open at your broker's "cut-off time" usually 5pm EST, there is a daily rollover interest rate that a trader either pays or earns, depending on your established margin and position in the market. If you do not want to earn or pay interest on your positions, simply make sure they are all closed before 5pm EST, the established end of the market day. Since every currency trade involves borrowing one currency to buy another, interest rollover charges are part of forex trading. Interest is paid on the currency that is borrowed, and earned on the one that is bought. If a client is buying a currency with a higher interest rate than the one he/she is borrowing, the net differential will be positive (i.e. USD/JPY) - and the client will earn funds as a result. Ask your broker or dealer about specific details regarding rollover.

What is a Pip?
The most common increment of currencies is the Pip. If the EUR/USD moves from 1.2250 to 1.2251, that is ONE PIP. A pip is the last decimal place of a quotation. The Pip is how you measure your profit or loss.

What is a Lot?
Spot Forex is traded in lots. The standard size for a lot is $100,000. There is also a mini lot size and that is $10,000. As you already know, currencies are measured in pips, which is the smallest increment of that currency. To take advantage of these tiny increments, you need to trade large amounts of a particular currency in order to see any significant profit or loss.

What is Leverage?
You are probably wondering how a small investor like yourself can trade such large amounts of money. Think of your broker as a bank who basically fronts you $100,000 to buy currencies and all he asks from you is that you give him $1,000 as a good faith deposit, which he will hold you for but not necessarily keep. Sounds too good to be true? Well this is how forex trading using leverage works. The amount of leverage you use will depend on your broker and what you feel comfortable with. Typically the broker will require a minimum account size, also known as account margin or initial margin. Once you have deposited your money you will then be able to trade. The broker will also specify how much they require per position (lot) traded.

For more information, visit
http://intelatrader.com

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