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Showing posts with the label foreign exchange

Discover The Proven System To Profiting From Forex

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By:  Ivan Cavric Forex training is the key to successful Forex trading.  Forex training is one of the most important aspects of the Forex market.  With good Forex training comes good profitability in the Forex market. As such, Forex training is one that is very worth to invest in. The benefits it reaps is high. Forex training courses will be very beneficial for you to obtain the necessary skills to get started in the Forex market.  Forex training more frequently or adding more sets may lead to slightly greater gains, but the small added benefit may not be worth the extra time and effort (not to mention the added risk of injury). Forex training is available via online courses, advanced trading workshops and one on one mentoring. Forex training is always an essential part in every step of daily life. Forex training and practice can mean the difference between success and failure and indeed between modest success and turbocharged success. Forex training for Forex offers...

How Not to Lose Your Shirt Trading Forex

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By:  Ivan Cavric I’m going to be 100% honest with you and tell you the following before you consider trading currencies: All forex traders, and I mean all traders lose money on trades. Ninety percent of traders lose money, largely due to lack of planning and training and having poor money management rules.  Trading forex is not for the unemployed, those on low incomes, who can't afford to pay their electricity bill or afford to eat. You should have at least $5,000 of trading capital (in a mini-account) that you can afford to lose. Don’t expect to start an account with a few hundred dollars and expect to become a kazillionaire.  The foreign exchange market is one of most popular markets for speculation, due to its enormous size, liquidity and tendency for currencies to move in strong trends. You would think traders all over the world would make a killing, but success has been limited to very small percentage of traders.  Many traders come with false hope of making a g...

Is FOREX Trading Right For You?

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By:  Ivan Cavric FOREX is the abbreviated termed used to describe the world's largest foreign currency exchange market where of 1.5 Trillion dollars is traded on a daily basis.   This more than 100 times the trading volume that occurs on the NYSE, and is fast becoming the hot spot for individual investors.  A market that was once only accessible to large corporations and government entities is now available to individual investors with online trading accounts.  Despite the hype and excitement around this market, is it right for you? ACCESSIBILITY.   Unlike most investment markets that open and close with the ring of a bell, the FOREX market is open 24 hours a day, six days a week.  Trades can be made anytime the market is open from your home computer through the major trading centers located Sydney, Tokyo, London, Frankfurt and New York.  Because of this you can act instantly upon news that may affect the market.   LIQUIDITY.  Beca...

Forex Trading System

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By:  Ivan Cavric You can find lots of websites online which offer advice on the newest and the best trading systems that you can use in the Forex market. New traders are often fooled into purchasing these trading systems in the hope of earning more profits. Don’t make the same mistake. You have to check these trading systems before you finally decide to employ them. The internet is full of scammers and some of the trading systems don’t really work or are fraudulent. You have to choose only the best and reliable systems. Reliable trading systems can bring in more profits if you use them consistently and in a disciplined manner.  Most Forex traders are looking for the best trading systems available online and perhaps you’re looking for it too. You have to be realistic when looking for an efficient system and so you will need to consider several factors. Some systems are very hard to understand. You must ensure that you understand the system’s logic before purchasing it. Only by ...