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Live Forex Trading – Top Trading Strategy That’ll Make You A Pro Trader
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The main thing to understand about the Forex market is that the price of currency is constantly changing.
Right now, for example, the euro is worth $1.2, and in an hour it will be $1.19. The value of one currency, expressed in another, is called a quotation. Each such quotation falls on the chart in the trading platform and puts a point on it. This point is automatically connected with the previous price mark of the asset. In this way, a price chart is plotted in real time on the Forex market, and traders sit in front of their monitors or smartphone screens and watch the chart change in order to understand when to start trading.
We have already mentioned a common modern solution – leverage. Its essence is that the brokerage company adds its own, additional funds to your own funds at the moment you open a transaction. The value of this generosity varies from 1:1 (when you trade with your own money) to 1:500 (when for every dollar you have, the broker adds another 500).
Also, brokers often allow their clients to trade smaller volumes than they trade in the market, that is, fractional lots. The standard minimum deal size is around $100,000. However, many brokers allow trades with a tenth or a hundredth of that amount.
#forex #forextrading
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Binary options is not the real “ trading “
$34,500 returns in just 14days, my financial life is totally changed.
reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? would be appreciated.
< TA is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 11 btc from day tradng with mr Kelly Max , insights and signals in less than 2 weeks, this is one of the best medium to backup your assets incase it goes bearish