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  • A lot of people are afraid of Forex trading because they heard about people who had lost everything they had speculating on currencies or other assets. Some have been tricked by their brokers and...
    A lot of people are afraid of Forex trading because they heard about people who had lost everything they had speculating on currencies or other assets. Some have been tricked by their brokers and coerced into depositing more and more money into their trading accounts. some agents working on behalf of brokers get extra bonuses for new deposits their clients make.

    As a result some agents can get quite aggressive in their methods. They promise to share a proven strategy that is going to work and you will win it all back. This type of psychological game is something they are not only ready to engage in but they are also praised for doing so in form of additional bonuses from their employer.

    The truth is that succeeding in Forex trading is possible if you know how to read and analyse trading charts. Another important aspect is to trade using daily charts or 4Hour charts. Chasing quick profits is not beginners. It is for more advanced traders who know what they are doing.

    So, focus only on Daily charts and learn technical analysis to be able to recognize trends. When you learn that, proceed to learn how to ride trade and follow trending markets.

    There are many types of technical analysis but probably the most common tools used by traders to recognize trending markets are Moving Averages and Support and Resistance levels.

    If you can master those you should be able to predict future movements and profit from them. To get you started here is a free ebook on Moving Averages and how they are used in trading. https://mt4trendindicator.com/using-moving-averages/

    Keep learning and you will surely succeed!!!
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  • The best strategy, in fact the only way you have a chance with binaries, is to do the OPPOSITE of what they tell you to do, the opposite of what nearly everyone does.

    Makes sense since binary...
    The best strategy, in fact the only way you have a chance with binaries, is to do the OPPOSITE of what they tell you to do, the opposite of what nearly everyone does.

    Makes sense since binary option traders suck worse as a group than any other traders. They could lose money as an olympic sport. The binary options business is so lucrative that brokers will pay you a 35% commission on deposits for introducing a customer, and still make a lot of profit. In other words, its a scam. Unlike other forms of trading where the broker doesn’t make money if you lose, with binaries your broker makes, instead of a nominal commission, in most cases keeps your whole account.

    Now assuming you have a broker that actually pays out if you win (there aren’t many, honestly, > 80% of brokers are just ripping you off and never paying out).

    Here’s how to do it.

    Everyone wants to have the 10 bagger win, buy the out of the money option for $15 and have it close at $100. DO THE OPPOSITE. Buy the option which is IN THE MONEY, about to close true. Experiment with the time to close, for 2 hour binary options about 30 mins is good.
    Do a check of the upcoming announcements at Economic Calendar | FXStreet Don’t trade anything with an announcement before your binary closes.
    Try and buy options you think will close true 90% of the time, for $75-$80. No more than $80 - this is your edge.
    If your option becomes OUT OF THE MONEY, trades below the strike price, it becomes a coin flip and exit immediately. (note that binary options brokers don’t let you use stop losses since they want you to lose a lot not a little)
    Keep accurate records and stop trading and start paper trading if your win rate drops below 80% for 5 consecutive trading days.
    This is a strategy with a very small edge. If you take 10 trades a day you should make money most days, with big drawdowns. It is not suitable for big accounts, and not suitable for compounding into a big account. The only possible use is small and consistent income.

    On the whole I do NOT recommend the binary options business. It is riddled with scammers, and has terrible hurdles to overcome. If you must play, however, this is the way.

    To win at binary options try using professional trading signals. This might give you the necessary edge to win. More info here https://winatbinaryoptions.com/signals/
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  • To answer this let’s consider, leverage and margin requirement for both. Leverage is higher in FX, in the US it is 50–1 in the UK and Europe it as high as 1000–1. These leverage ratios make FX...
    To answer this let’s consider, leverage and margin requirement for both. Leverage is higher in FX, in the US it is 50–1 in the UK and Europe it as high as 1000–1. These leverage ratios make FX appear to be very profitable as you can make money on a large amount of burrowed liquidity. This high leverage and implied volatility means that you will still need a lot of capital to truly take advantage of the leverage. In stocks there is no leverage so you need the cash upfront, this creates a barrier to entry. If you wished to buy Boeing stock you can buy 1 share for a little over $100, if you wanted 1000 shares then you need $100,000. You can however trade stock CFD’s but these are rare with many retail brokers. Stocks are more volatile so the profit potential is higher. As an example I purchased Cosan shares (CZZ) at $2.83, they are now worth over $5 a share and that was under 3 months, so a 100% return in under 3 months. This is not really feasible in FX, volatility is just not the same but none the less this can be done if you trade Option derivatives for example.
    https://livetraders.com/wp-content/uploads/2017/12/graph-300x223.png

    At the LiveTraders.com we talk a lot about PROFITS AND LOSSES. If you are interested in Live Trading and other forex trading methods then take a look at the Livetraders
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  • If you want to learn to trade, you won't be able to do it with free guides or literature you find free on the internet. You can try it but I guarantee you won't be able to do it. You need to get...
    If you want to learn to trade, you won't be able to do it with free guides or literature you find free on the internet. You can try it but I guarantee you won't be able to do it. You need to get taught by people who have been Forex trading for years. I made your mistake first but then went on a Forex trading course at traderider. It's the best Forex course around, they train you no matter where you are in Thailand.

    Forex community of Thailand no.1 forex forum techinical analysis forex,technical analysis gold,forex system,forex news,************

    More on:- https://traderider.com
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  • With Forex trading, the brokers constantly advertise "no commission". And, of course that's true - except for a few brokers, who do charge a commission similar to stocks. But also, of course, the...
    With Forex trading, the brokers constantly advertise "no commission". And, of course that's true - except for a few brokers, who do charge a commission similar to stocks. But also, of course, the brokers aren't performing their trading services for free. They too make money.

    The way they do that is by charging the investor a "spread". Simply put, the spread is the difference between the bid price and the ask price for the currency being traded. The broker will add this spread onto the price of the trade and keep it as their fee for trading. So, while it isn't a commission per se, it behaves in practically the same way. It is just a little more hidden.

    The good news though is that typically this spread is only charged on one side of the transaction. In other words, you don't pay the spread when you buy AND then again when you sell. It is usually only charged on the "buy" side of the trades.

    So the spread really is your primary cost of trading the Forex and you should pay attention to the details of what the different brokers offer.

    The spreads offered can vary pretty dramatically from broker to broker. And while it may not seem like much of a difference to be trading with a 5 pip spread vs. a 4 pip spread, it actually can add up very quickly when you multiply it out by how many trades you make and how much money you're trading. Think about it, 4 pips vs. 5 pips is a difference of 25% on your trading costs.

    The other thing to recognize is that spreads can vary based on what currencies you're trading and what type of account you open.

    Most brokers will give you different spreads for different currencies. The most popular currency pairs like the EURUSD or GBPUSD will typically have the lowest spreads, while currencies that have less demand will likely be traded with higher spreads. Be sure to think about what currencies you are most likely to be trading and find out what your spreads will be for those currencies.

    Also, some brokers will offer different spreads for different types of accounts. A mini account, for example, may be subject to higher spreads than a full contract account.

    I have been using the same broker for over 5 years now and am very happy with their service and returns.

    https://smartfxtrader.com/wp-content/uploads/2018/09/headline331.jpg

    source:- https://smartfxtrader.com/
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© 2009 - 2019 Forex Forum. All Rights Reserved. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.