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Should You Follow Other Peoples Trading Signals

Everyday people work hard to secure their financial freedom. They are always looking for alternative source of income to make their life better. After doing extensive research most people start to trade the market. If you can truly master the art of trading it will be really easy for you to make a consistent profit. Making money in the online trading industry is an art. You need to consider trading as your business to make a consistent profit. If you try to become rich quick within a very short period …

Forex, Headline »

Six Steps to Success in Forex Trading

What is the right Forex trading strategy to achieve a long-term profit? Is it even possible or is Forex just a scam? There are a few steps to follow to become a successful Forex trader.
1.  Understand the basic terminology
First of all you need to understand what is a bid and an ask price, because these two prices combined create so called forex quotes.
The Bid Price is the price the broker is willing to pay for the base currency (e.g., EUR) in exchange for the quote currency (e.g., USD). In other …

Forex, Headline, Investing »

[20 Jan 2018 | Comments Off on 4 Essential Things That Every Trader Should Learn | ]
4 Essential Things That Every Trader Should Learn

There are thousands of trading parameters which you need to learn as a full-time trader. Trading is not a get rich quick scheme, where you will fund your trading account and change your life within a short period of time. All the successful traders in the United Kingdom consider trading as their business and they are not willing to take a huge risk for bigger profit. As a full-time trader, you have to understand the fact that trading is all about probability. You never know which trade will hit the …

Forex, Headline »

[9 Jun 2017 | Comments Off on Choosing a Global Currency Transfer Provider: What to Look For | ]
Choosing a Global Currency Transfer Provider: What to Look For

Currency transfer providers have gained considerable popularity over the years for the convenience, liquidity, and cost-effectiveness they provide. However, it is not necessary that every currency transfer provider suits your purpose or is right for you – to avoid the chances of being conned, look for the following considerations when picking the right service.
The Laws & the Regulations
First things first, you need to see whether the global currency transfer provider you choose is regulated by and adheres to the local laws that govern it. In Australia for example, the financial …

Forex, Headline »

[19 May 2017 | Comments Off on What is Margin and Leverage in Forex? | ]
What is Margin and Leverage in Forex?

In order to be involved in forex trading it is important to understand some of the terminology that is used. Margin and leverage are two terms that will come up every time you trade and here we will examine the terms and try to understand what they mean for your trading.
Margin
Margin is the amount of money you need to open a position with your broker. It is not a cost or fee, but rather money from your account that acts as a “good faith deposit” that the broker uses to …

Forex, Headline »

How to Become a Forex Trader? Explained in 7 Simple Steps

Do you feel that forex trading is a bit risky? If yes, then don’t worry. You are not the only one who thinks this way. We get to hear a lot about risk factor associated with forex trading. Also, people incurring financial losses because of forex trading makes it difficult to give it a shot.
It is not risky by default. Those who want to get into this trading should have a calm state of mind. They must know what exactly they are getting into before making any investment decision.
All you …

Forex, Headline »

[28 Feb 2017 | Comments Off on Top Rated Forex Brokers of 2017 | ]
Top Rated Forex Brokers of 2017

Finding the Top Forex Brokers 2017 can be a daunting task. There are many sites out there and while they all basically offer similar trading platforms, there are differences that you need to be aware of. You also will want peace of mind and know that you are using a service that many people desire and find attractive. In determining this factor, one should make sure they are also educated in how the industry works and how brokers make their money. The www.TopForexBrokers.com website team do professional review and comparison …

Forex, Headline »

[24 Feb 2017 | Comments Off on How So Many Traders Are Making Money Online with Forex | ]
How So Many Traders Are Making Money Online with Forex

Whenever you hear someone say they have found a great way to make money online, the first emotion that hits you is scepticism. We have been assaulted so many times with ‘get rich quick’ schemes that when something real comes along, we often pass it by without even taking the time to look into why and how it could really be profitable. Such is often the case with online day trading, Forex in particular through platforms like FX Pro, because we have all heard that it’s a volatile market and …