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Thread: Trading in a Forex Market

  1. #1

    Trading in a Forex Market

    In order to trade in a new market, the trader must know and understand the core concepts on which the foundations rest. If he/she lacks the basic knowledge about the respective market, it can result in huge losses. Here are few basic facts and tips on the foreign exchange market or the forex market.

  2. #2
    Trading with Forex is a big opportunity to any trader. Forex is the largest economic business where large banks and companies are the prime traders and indirect controller. Forex market has no central place to control over the market that’s why the market is known as the largest decentralized money market in the world. So we should have a high security through the market is unregulated. This security is provided by several brokers. Through seeing the security level I have selected a bitcoin based broker called Evolve Markets.

  3. #3
    Senior Member
    Join Date
    Oct 2017
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    785
    No business can be done without knowledge. Without knowledge on anything we can not do things properly. And forex market is one of the toughest markets in the world and the best minds and technologies are used here. So without knowledge about the market one is likely to have a bad experience in the market.

  4. #4
    Junior Member
    Join Date
    Nov 2017
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    28
    Trading forex is easy but making reliable profit is the troublesome part. For that you require good learning, skills and experience. You can't plan to profit just by entering into the market. You have to learn the specialty of trading. I am trading with FXPM where I am utilizing their advanced instructive resources to upgrade my insight.

  5. #5
    Senior Member
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    Oct 2017
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    785
    Quote Originally Posted by Luke Write View Post
    Trading forex is easy but making reliable profit is the troublesome part. For that you require good learning, skills and experience. You can't plan to profit just by entering into the market. You have to learn the specialty of trading.
    Well there are many who think that they can enter forex and make huge profit. It is not uncommon thing to see in this business. People try to ignore or get blinded by greed to see the bigger picture and think rationally. And take wrong decision.

  6. #6
    I am one of Alpari clients whose money was stuck in the account and at this moment no body talk to. Although I always put my faith on FCA regulation but this was a total balloon as well. So please guys if you are considering for a UK forex broker just because they're regulated by FCA, think twice. They are cheating with their clients. I heard other client statement also. Those are not positive.

  7. #7
    Banned
    Join Date
    Jan 2018
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    257
    Forex is one of the largest financial markets around the world. And traders need to acquire proper trading skills and expertise in order to successfully handle all the trading activities. And without the basics of fundamental issues it is actually almost very difficult to survive for any foreign currency traders and for this reason; various learning tools are developed to help the traders to get acquaintances with the basics of forex trading.

  8. #8
    Senior Member
    Join Date
    Feb 2020
    Posts
    480
    Mistake is common in trading. If you know the reason, you can deal with it and prevent the same thing from happening again. So, extract trading reports from trading platform like Metatrader. Metatrader is a widely used trade for platforms that most traders in the world use this platform and are familiar with it. Therefore, it is easy to identify your trading activity from MT4 or MT5 trading platform. Forex4you provide me both trading platforms.

  9. #9
    Senior Member
    Join Date
    Apr 2021
    Posts
    130
    Forex trading allows huge earning opportunity for all types of people. To exchange the foreign currencies easily at the best price brokers are here. My broker is Tpglobalfx who helping me in all the ways to make good money and to do Forex business comfortably. They have various trading platforms, good trading leverage, low commission, active customer service, daily trading analysis, promotional offers, wide range of trading bonus etc. for their clients.

  10. #10
    Senior Member
    Join Date
    Jul 2020
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    745
    It’s a relieving matter that you can start trading Forex with only a handful amount of dollars are you may get it as a welcome bonus by opening accounts with few brokers. But, to start nicely, try to select a regulated trading broker. Eurotrader will allow you with a 111% deposit bonus that will expand your trading capital.

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