Wednesday, July 14, 2010

NDS Manepa 1000-Bannin no FX Training - Import Preorder

NCS Preorder Synopsis
«©NCSX» How do you end up with a million dollars trading currencies? Answer: Start with two million and work your way down.

A few years ago, an article in the Wall Street Journal examined the phenomenon of average Japanese citizens who were supplementing their incomes by trading currencies. It was an amusing piece which exposed the naiveté of the average JOE and the unbridled gambling instinct inherent in each and every one of them. Trading currencies isn't meant for amateurs but there they were, trading on margin and exposing their households to outsized risk. When the turmoil of 2008 and 2009 hit world markets, it is a likely conclusion that every single "trader" mentioned in the WSJ article got blown out when margin calls crushed their trading accounts.

With markets stabilizing to some degree in the past year, risk appetite appears to be back in Japan. To help new suckers punters traders learn the ways of foreign currency exchange, Money Partners teams up with Genki to release another forex simulator with a beginner's training aspect. Players who are into virtual trading coupled with a bit of background drama may choose the "Story Mode" where the protagonist is a 25-year old trader who learns the rudiments and ropes of currency trading before becoming a lone wolf who trades for his own account. All manner of currency pairs may be traded including Dollar/Yen, Euro/Pound, AUD/JPY, and more. Up to four currency pairs with their respective bid/ask quotations may be thrown up on the top NDS screen during a trading session while the NDS touchscreen serves as the control console.

In addition to the Story Mode, players may also hone their gambling skills by playing the "Trial Mode" which allows gamers to to set parameters such as leverage ratio and session trade time. The "Trace Mode" allows traders to view traumatic trading scenarios where markets are jolted and jerked up and down to see how to handle trend changes and witness forex carnage of epic proportions. That's when amateur accounts are wiped out by the thousands. Trading primers, a glossary, information on using leverage, and even "secrets" are included in the software. Preorders are welcome to ship on September 16, 2010 at JPY3800 or US$45.90.

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