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@  Shahram : (22 September 2019 - 10:20 AM) Does anyone has experience with dukastcopy?
@  Shahram : (22 September 2019 - 10:18 AM) dukascopy
@  gabrielscama... : (21 September 2019 - 12:25 PM) mt5
@  Tripack : (21 September 2019 - 12:12 PM) Heh
@  Cookiebrawler : (17 September 2019 - 04:27 PM) MegaMoney 90%
@  aasir : (16 September 2019 - 10:25 PM) Binary Triumph
@  traderpusa : (10 September 2019 - 01:35 AM) that was my bmw lol. E60.
@  Monoaldo : (10 September 2019 - 01:34 AM) E60
@  manfloy : (09 September 2019 - 11:12 AM) well said.
@  traderpusa : (09 September 2019 - 11:07 AM) at least for the moment, china will hold back because of economic conditions. My guess is they want to involve PLA but simply are not in a position to do so for the moment.
@  traderpusa : (09 September 2019 - 11:05 AM) well, regardless of any agreement between uk and europe, there is still nato is trump doesn't blow it up lol
@  manfloy : (09 September 2019 - 11:04 AM) I am really worried about HK if the PLA phase in this can interrupt the entire chain between FX liquidity and current import / export countries. I understand that we have a bunch of corporations exposed to China, now believe that 99 percent of them are stable in HK because they have a high law. If the PLA gets in, they'll substitute this economic centre with a singapore.
@  manfloy : (09 September 2019 - 11:04 AM) Yeah, they're really a very significant player. I am informed that there is also a lot more than economic, for instance there are a number of military agreements agreed between the GB and the EU, which is serious.
@  traderpusa : (09 September 2019 - 11:02 AM) the UK being part of the EU GDP figures, but not part of the Euro only makes things a bit complicated on how to interpret numbers for trading purposes.
@  traderpusa : (09 September 2019 - 11:00 AM) of course one needs to focus on US being the biggest economy but UK is still up there. https://gyazo.com/42...39df1c7c58d9221
@  manfloy : (09 September 2019 - 10:56 AM) I'm focused on the US, so I don't spend so much on the GB, I'm supposed to study it well since 2015, but something has altered worldwide, literally, it's an enormous step in the world's liquidity and global system, modifications are nice, but they're really colorful.
@  manfloy : (09 September 2019 - 10:56 AM) thanks good reading
@  traderpusa : (09 September 2019 - 10:53 AM) As to China, read this over the weekend : https://apnews.com/6...f75f013bf54e6a9
@  manfloy : (09 September 2019 - 10:51 AM) Spectacular indeed lol, this is huge to be honest
@  traderpusa : (09 September 2019 - 10:47 AM) it's gonna be interesting. MP's are leaving the sinking ship and now also Bercow has resigned. Gonna miss this guy lol

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Trading Forex for a Living - What You Must Practice

Forex

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#1 bintadam007

bintadam007

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Posted 29 March 2016 - 12:01 PM

Currency (foreign exchange) trading is one of the most lucrative ways of making money online. It involves buying and selling of commodities/currencies based on tiny variations (or gaining and losing) of the same to make profits. The commodities or currencies are traded in pairs from which he/she relies on economic data forecasts, and trends to make trades.

Trading Forex for a Living - What You Must Practice

While currency trading is a straightforward investment, a proper understanding of the market and how to carry trades is needed to make profits. This is the reason currency trading brokers encourage newbies and anyone willing to start trading to open demo accounts and learn currency trading through practice before engaging in a live account.  Discussed below are a few methods and ways in which you can use while learning to trade online.

 

3 Important Steps to Learn Currency Trading

 1.           Use Hiwayfx practice accounts: Almost every currency broker allows both new and existing traders to open and use practice accounts also known as demo accounts. The demo account helps traders learn currency trading, new tricks and familiarize themselves with the actual trading platform. The best thing about using practice accounts is that you can run trades, make orders, or even learn how to stop loss without risking your money.

 

You can use the Hiwayfx practice account to learn new tricks on how to make more money trading online, and determine what currencies to major on while trading.  Most people do not go past using practice accounts when training to become professional traders online.

 

2.            Signup with hiwayfx : This is considerably the best way to learn how to learn currency trading online.  These colleges employ trading experts to help mentor and train newbies into becoming qualified traders. Through these tutors, you get to learn most of the principles you would not be able to learn on your own such as leveraging returns, stop loss, interpreting financial graphs, and how to carry trades successfully. These academies also use live data and trading accounts to demonstrate how to make trades and many other principles related to the same.

 

Many of the successful trading experts have been through the hands of online trading academies. Although signing up with a training academy involves digging deeper into your pockets, this may be the only way to prevent massive losses as a trader.

 3.           Look for a mentor: This is especially recommended for traders who taught themselves how to trade. It is through a mentor that you can learn currency trading fundamentals and tricks on how to make good money online. It would however be advisable to look for a trustworthy mentor and someone with experience in the same. You can find a mentor online on currency trading forums and blogs. Forums also pose a great avenue for anyone to learn new tricks on how to execute trades to increase profits and reduce risks. Signing up with these forums is recommended as well. The first step to becoming a successful currency trader is by identifying platforms you are comfortable with while trading. It would however be advisable to try every available trading platform/software before choosing the best one is recommended. Some of the available trading platforms include meta traders, browser based trading platforms, and mobile platforms. It would also be advisable to choose the best currency trading broker to be successful as a trader .







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