Altcoins I’m Buying! $1k to $10k Trading Series Ep 3






Introduction to the Currency Market

In this article I show some of the essential aspects of the foreign exchange: the reason and need of this market, its participants, what is spot FX, and its main characteristics. The forex market is a fundamental tool for allowing business transactions between different currencies.

Characteristics of a Good Trading Platform

Online trading has opened up new possibilities in investing that are accessible to the masses. The desire of initiating a venture is shared by many people, but there’s an immense challenge in starting a profitable enterprise. For those who have a little to invest, but lack any scalable ideas, online trading offers an alternative that can lead to a sustainable income.

Is Wall Street’s Consensus Wrong on Gold Again?

Nobody on Wall Street would have suggested you to invest in Gold ten years ago. Yet even after the most recent price weakness. In the last decade the prices of Gold are up 500 percent and stocks would have hardly made you a dime except for some dividends!

Are There Risks in Forex Trading?

Just like any other investment vehicle, forex trading has its own risks and benefits. Mostly, you will read about the advantages of currency trading but you will rarely see its risks being mentioned. But the truth of matter is that approximately 90 percent of the foreign currency traders lose. One of the reasons why most people lose in the forex market is because they do not understand market trends and leverage well. Most of them see these as quite easy to deal with, but in real sense they are not.

How to Find the Peak Point in Forex

The forex trading market works around the clock unlike the stock market. But this does not mean that you will make huge profits all through the 24 hours. There are certain times when bigger profits could be made while there are other times when there will be a lull in the market and therefore chances of making huge profits will be minimal. It is vital that you know the key entry as well as exit points in a trade if you want to get maximum profit from forex.

How to Trade Binary Options Profitably

The Binary Options market can be difficult to perfect. Although it’s technically simple, maintaining profitable trades is challenging. Binary Options are based on the Forex market, using the currency pairs and charts, but with a twist. Making a profitable trade is as simple as deciding whether the market will go up or down in a defined time period.

Forex Strategy – Hedge and Hold

Most Forex traders have a strategy or two that helps them win trades. Many traders use Expert Advisors, software or robots to assist them in making trading decisions. Others watch the markets regularly and make trades based on a fundamental knowledge of candlesticks, line graphs, and other indicators. One extremely simple strategy that any trader can use is the Hedge and Hold Strategy.

What You Should Know About Forex Trading and Trading Platforms

The foreign exchange market provides one of the most potent investment outlets available. Ever since the market came alive in the 1970’s, many traders have found financial independence by simply playing a part. Currency trading, or simply forex, is an easy way to make a living once you get an idea of how everything works. It is a science of sorts that you can easily learn if you commit yourself to the process.

Four Habits of Successful Currency Traders

Forex trading is one of the most exciting ventures you can undertake in today’s financial markets. There’s an allure of uniqueness to this business, owed to the lack of any supervisory entities, geographical dispersion and the fair competition that it offers. But there is more to forex than simply trading one currency for another. Though that is the foundation of it all, the specifics of how everything works are more complicated.

5 Compelling Reasons You Should Start Forex Trading

The currency trading market is always a hive of activity and being a $4 trillion a day market, it’s understandable why. If you haven’t yet started trading in currency, now is the time to start. With the availability of many online trading services, there isn’t any reason why you shouldn’t get involved. But in case you are not convinced yet, here are five compelling reasons why you should reconsider your stand.

Currency Trading for Beginners: Top Forex Statistics

There are many economic reports released in the United States that can have a significant impact on forex markets and other financial markets as well. The following is a compilation of most of the market moving reports that track the stability, health and growth of the U.S. economy and therefore value of the U.S. dollar.

You May Also Like