Seeking tips on forex trading

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Permalink Reply by Alison Skinner on October 28, 2020 at 11:00am

Nobody?

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Permalink Reply by JOhn on October 28, 2020 at 11:08am

I know a lot of guys that makes money on trading but they said to me that Forex is not the best platform for this. Usually there are many beginners that knows only about this platform and making less money than they can make on other platforms. Personally I like to trade on leverage trading. Despite of the fact that I am a beginner, I have friends that are always glad to help me with this, so my income is pretty good. So, I hope that soon I will start to collect money for a new car by myself, without help.

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Permalink Reply by Virginia Opi on November 20, 2020 at 5:58am

Forex trading is challenging if you are not experienced, you could get lucky and make a nice tidy profit then lose it all in a matter on moments. If you are going into it do your research and set up a practice account first. I suggest that you start with this resource https://bettingdude.com/betting-tips-odds/ . Pretty useful for general understanding of betting/gambling

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Permalink Reply by Jerry Woodson on December 14, 2020 at 8:58am

Be careful, it is a risky domain, and you can easily lose all your money

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Permalink Reply by Liam Thompson on December 14, 2020 at 9:07am

Forex market is a volatile market, not as the crypto market but still, you have to be well prepared if you want to trade on the foreign exchange market, I can recommend you to find some trading courses, where you will get acknowledged with the basics of this field, where you will learn how different fbs trading instruments work, and after that you can open a demo account, to put your knowledge in practice. If everything works well, open a real account, and start trading. Hope everything will be fine.

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Permalink Reply by Kevin Goldman on April 12, 2021 at 5:26am

If a trader is looking to maximize profits, it is very important to find a strong economy / weak economy pair and stick to this good strategy, for more visit https://justforex.com/education/forex-articles/how-to-read-forex-cu.... Decisions about interest rates and other geopolitical events are also very important, but if you choose the pair with the best ratio of strong and weak economy from two equally attractive deals, then the probability of success increases. After the FOMC meeting on March 22, 2005, AUD / JPY and EUR / JPY went down, but AUD / JPY reversed much faster than EUR / JPY. One of the possible reasons for this could well be the strong / weak economy ratio.

The eurozone economy grew very weakly in 2003, 2004 and early 2005. Australia also looked much better during 2004 and the first half of 2005. offered one of the highest interest rates. As a result, this currency pair reversed after the FOMC meeting much faster than EUR / JPY. This is why it is important to keep in mind the balance between strong and weak economies when looking for a deal.

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