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What Are Forex Trading Platforms?
Forex trading refers to buying and selling different currencies in the global financial marketing. Forex trading platform can simply be defined as the computer software offered by banks, brokers and other financial institutions to allow their investors or users to trade currencies in an appropriate way to make money.
How The Mindset Differs When You Trade Forex By YourselfThere are various ways to trade the currency markets. You can try and get a job in the City where you work for a bank and they will pay you to trade the markets (using their money), or you can trade the markets yourself using your own money. It is important to note that working in the City is a lot different to working from home.
Forex Trading Education: Basic Principle of Technical AnalysisOne of the key reasons why technical analysis is critical in the Forex market is due to the fact that a large part of this market is made up of trends. Due to the basic principles involved in the Forex market, it has made it possible for trader to actually trade on either side of the market. Technical analysis is highly operative in this kind of situation as it helps to make it possible for traders to predict how the market trends will be moving.
Forex Investing Vs Stock InvestingA person that has a knack for paying attention to the global economy may want to consider investing in the Forex market. What is the Forex market? Forex is an abbreviation of Foreign Exchange, and is the market in which different countries’ currencies trade against each other. Why would a person want to do this? Well, it can be slightly riskier than investing in nothing but standard stocks, but if things work out there is a huge potential profit to be made.
6 Most Valued Secrets in Forex TradingThere are two types of Forex traders; the gainers and the losers. The losers are losing because they don’t know what the gainers know, and that is the secret of the game. What then are the secrets of the gainers?
Determining the Best Online Forex Trading CompanyThe exchange markets, whether for stocks or commodities, are the centralized places where the people can buy and sell the tradable items. When there was no internet, these exchanges existed in the main cities and the trading was done from these places only.
4 Step Simple Scalping StrategyIn this article, you will discover a simple scalping strategy that enables you to take small profits out of the Forex market. We will discuss the setup, entry, stop loss and exit stadium. This strategy applies to the major currency pairs EUR/USD, GPB/USD, USD/JPY and EUR/JPY. It works with the daily, hourly and 5 minute candle charts.
Forex Emotions – Learn How to Control Your Emotions While TradingMany traders struggle to control their emotions while trading. It’s little wonder why so many novice’s end up contributing to the 95% of losing traders. Learning to control your emotions while in the market is key to moving from the 95% of losers to the 5% of winners.
How to Find a Truly Profitable MetaTrader Expert AdvisorWhen there are hundreds of Expert Advisors that you can get all over the internet, finding one that is worth trading your money is a menacing task. As an experienced Forex trader I can rather easily sort out the good from the bad. In this article I will share some tips on how to go about finding the truly great MetaTrader Expert Advisors out there.
The Basics Of Forex TradingFor a person to truly diversify his or her assets, a person needs to look into investments of all types. Something often overlooked when a person makes an investment is the foreign exchange market. The foreign exchange market, or Forex for short, is built very similar to the stock market, and a lot of the principles that apply to buying and selling on the stock market apply to the foreign exchange market.
The Concept of Forex Arbitrage and Its TypesFind Out How to place low risk trades with Forex Arbitrage. Don’t know what it is or how to execute it, find out here. We reveal two strategies to forex arbitrage trading.
Forex Trading (Right) MindsetMany people all over the world are aspiring to become successful in the field of Forex trading. Lots of these people became successful but there are more people who have found Forex trading as a failure and disappointment. What could probably be the reason why there are many people who have failed in the Forex industry even when they have aimed to come up with the best strategies for their foreign exchange business?
How to Enjoy Forex Trading on Your Mobile PhoneIn times past, forex trading could only be done on a computer, but thanks to innovation, mobiles phones can now be used to trade forex. If you have an iPhone or an Android phone, you are well positioned to take advantage of fluctuating market quotes.