forex

[Merk Porter]

Forex is the largest over the counter market which is ensuring employment opportunities on a global stage. Many forex traders are now taking trading as a profession. However, Trading is now becoming a complicated occupation since forex market is becoming a dynamic yet uncertain day by day. For this reason, currency exchange traders require to modernize their trading strategies, modify their trading method and familiarize them consistent with the revolution in the forex market.

 

[FXX]

Or you can trade it fundamentally and have a repetitive strategy that will last for the rest of your life

 

[Xevield]

Thanks for sharing great information! Yes, there is no doubt that Forex is the largest online market in terms of traders and money. Trillions of dollars are traded daily on this market. You can be a part of this trillions of trillions dollars market quite easily. Thanks

 

[J_C_Anderson]

For sure, trading gives you extremely broad possibilities, but it also requires a detailed preparatory work.
You need to find out as much as possible about the markets, create your own strategy based on your personal psycological features, back test it (using something like built-in tester in Tradingview or software like Forex Tester), and then execute all the rules.

Another very important point is that traders need to be flexible, to be able to change their strategies when the market changes. You should not try to apply your strategy all the time, but to watch the market situation and make amendments.

 

[JcGilbert]

Thanks for sharing great information! Yes, there is no doubt that Forex is the largest online market in terms of traders and money. Trillions of dollars are traded daily on this market. You can be a part of this trillions of trillions dollars market quite easily. Thanks

It's also because anyone can become part of this trillion dollar market super easily that it makes it very dangerous for anyone not aware of the risks. It's crazy when we think that in just 10 minutes we can literally start trading, however there is no surprise than most of the "traders" lose their money their, insofar as they have 0 education about trading and only hope for a quick way to become rich overnight...

 

[NVP]

It's also because anyone can become part of this trillion dollar market super easily that it makes it very dangerous for anyone not aware of the risks. It's crazy when we think that in just 10 minutes we can literally start trading, however there is no surprise than most of the "traders" lose their money their, insofar as they have 0 education about trading and only hope for a quick way to become rich overnight...

100% agree ....thats why the % failure rate is so so brutal in this business........

if you did a survey asking 100 people :-

how many normal people off the street can perform sucessful brain surgery after just a few months training ?

the expected response would be incredibly low.....and for most probably zero %

so why do the same people think a decent % of new traders can make money ?

because everyone thinks its easy - as sold to them by scammy vendor / trainers and brokers over the last 20-30 years.......................

of course it is possible to make money ...but no shortcuts are available

N

 

[JcGilbert]

100% agree ....thats why the % failure rate is so so brutal in this business........

if you did a survey asking 100 people :-

how many normal people off the street can perform sucessful brain surgery after just a few months training ?

the expected response would be incredibly low.....and for most probably zero %

so why do the same people think a decent % of new traders can make money ?

because everyone thinks its easy - as sold to them by scammy vendor / trainers and brokers over the last 20-30 years.......................

of course it is possible to make money ...but no shortcuts are available

N

Glad to meet someone like you with this type of thinking!!

 

[Jungshin]

I am still a dilemma if someone says trading is illegal because like gambling, what is your response to this? and do you know TTCM brokers with dealing desk systems?

 

[J_C_Anderson]

Trading is absolutely legal, until someone would use unfair methods (like insider dealing or market speculation).
Large players use markets to hedge their risks, so they need more liquidity. That is why they arrange individual traders to participate.
That is how usual traders create value for the society and entire economy.

 

[hatemypips]

I am still a dilemma if someone says trading is illegal because like gambling, what is your response to this? and do you know TTCM brokers with dealing desk systems?

It depends on where you trade. Exchange-traded products and CFD contracts are generally considered as safe and eliminate gambling features from trading. But you should be careful when offered to trade binary options or any other kind of financial bets where you trade against house.

 

[J_C_Anderson]

Actully. in case of trading CFDs you trade against the house also. CFDs are OTC products, as there are no common CFD market. They provide you with the higher leverage, but, to my mind, it is better to use exchange-traded products when it is possible.

 

[NVP]

Glad to meet someone like you with this type of thinking!!

there are a few of us still out there ......

 

[NVP]

I am very interested in forex trading. but I do not know the difference between forex and stock. is there anything that could explain?

perhaps type this in and go research on the Web......spend some time

 

[NVP]

Actully. in case of trading CFDs you trade against the house also. CFDs are OTC products, as there are no common CFD market. They provide you with the higher leverage, but, to my mind, it is better to use exchange-traded products when it is possible.

in Forex all you do is trade against the house (Big Banks and Hedge funds) ...........dont think anything is not controlled by them on the big Dollar pairs

sure - there are ways to escape the Matrix and trade outside their clutches ......but thats another story !

N

 

[James turtle]

Forex is a place where all the world’s currencies are traded. It is the largest and most liquid market in the world. Average daily trading volume exceeds $5 trillion here. In order to conduct foreign trade and business, currencies need to be exchanged and facilitates buying, selling and exchanging currencies at current or determined prices. Foreign exchange market also assist international trade and investments by currency conversion.

 

[fibo_trader]

Forex is the largest over the counter market which is ensuring employment opportunities on a global stage. Many forex traders are now taking trading as a profession. However, Trading is now becoming a complicated occupation since forex market is becoming a dynamic yet uncertain day by day. For this reason, currency exchange traders require to modernize their trading strategies, modify their trading method and familiarize them consistent with the revolution in the forex market.

Nice lecture, thanks. Are you coming back after lunch?

 

[scarlet jones]

Ofcorse, that's a must for forex traders. Forex is a great place to make money. It seems very easy to do so but one has to be on his toes always to keep an eye on factors that may affect currency prices and their trades.

 

[Leveraqe]

Forex is the largest over the counter market which is ensuring employment opportunities on a global stage. Many forex traders are now taking trading as a profession. However, Trading is now becoming a complicated occupation since forex market is becoming a dynamic yet uncertain day by day. For this reason, currency exchange traders require to modernize their trading strategies, modify their trading method and familiarize them consistent with the revolution in the forex market.

Forex - U.S. Dollar Rises as Trump Says He is Undecided on Tariff Rollbacks:
The U.S. dollar was higher on Friday as U.S. President Donald Trump affirmed that he intends to sign an economic alliance with China, yet had not yet chosen on the off chance that he would move back tariffs.
China had expressed Thursday that the two countries had consented to eliminate tariffs as a major aspect of the foreseen stage one exchange understanding.
Trump said on Friday that he would not completely move back tariffs, yet that a deal could be marked with Chinese President Xi Jinping in Iowa before the month's over, adding that China needs to make a deal.

Source: https://leveraqe.com/

 

[Hudson Jack]

Forex exchange is a global market where traders, investors, banks and institution speculate on buy and sell world currencies.