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Forex Trading

Automated Forex Trading: Clever Yet Effective Technology

Automated Forex Trading: Clever Yet Effective Technology

February 2, 2022 |

Why Forex trading? This is probably one of the questions that you need a reasonable answer. There are hundreds of investments out there that you can prefer, but why go trading foreign currencies instead? Forex investment is unique in various aspects. Its trading volume is relatively huge compared to other market. It has extreme liquidity or the capability of either buying or selling the currency without causing significant movement in the market price. It has the largest number and variety of traders. It is one of the markets that have long trading hours (24 hours each day, except during weekends. Trading locations are almost everywhere, not just in the United States or major cities of Europe. There are different factors that affect foreign exchange rate. Another whooping fact that will make you excited to go on Forex trading: it has an average turnover in traditional foreign exchange market of around…    read more 

How To Make Forex Trading More Profitable

October 17, 2021 |

Investors in today’s world typically assume huge risks. Sometimes this pays off by way of big rewards and sometimes, things explode and people lose every penny. In the Forex market, in particular, over 85% of all investors end up losing their money. If you want to invest in the market, make sure you read these tips before you put your money into it. It is recommended that you keep at least $500 in your forex trading account, even if your broker requires a lower minimum amount. Most forex trading is heavily leveraged, meaning that you are investing more money that you actually have. If you use leverage to make a trade and it does not pan out, you will be responsible for the full value of the trade, including the leveraged amount. To decrease the risk you run, start with a lower leverage account. This will allow you to get…    read more 

Forex Trading

Tips To Give You The Edge In Forex Trading

October 17, 2021 |

If you’re thinking about getting into forex but are feeling intimidated by what you need to do then look no further. When it comes to forex you have to learn as much as you can and apply that knowledge to the best of your ability, knowledge like that here in this article. Take note of interesting market information. Make sure you put these in a reference notebook to look back on for ideas. This can help you organize your strategy by keeping track of when markets open, the pricing ranges, the fills, the stop orders and anything else that you notice that may aid you in your trading endeavors. To start learning about the forex market and how it operates, it can be a good idea to start out with a demo account. Many brokers offer these to novice traders. You can get an overview of the market and learn…    read more 

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