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About fxfarmerashik

  • Rank
    New Money Maker
  • Birthday 11/20/1988

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  • Skype
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  • Location
    Port Vila

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  • Interests
    Forex Trading, Technical Analysis, Market Observe, Day Trading
  1. If you try to be a successful trader in the Forex, you should get something clues correctly. There are many major things you want to pay attention to. So, today I’ll share with you some important tips that you will need along your way. These tips will guide you to sharpen your trading skills together with an eye on the most frequent weaknesses. Therefore, without any further ado, let’s dive right in. Knowledge is power Maybe it was normal that the starters brought in the early stages when they hit the road but you should always take precautions to educate yourself. If you do not, you may end up losing your investment. Therefore, it means that you must be very attentive to the educational resources that your broker has given you in the video and document formats. Additionally, you can ask your broker to give you a demo account so you can practice trading on it. Reliable Forex Broker A broker that offers clear terms of trade and the various encyclopedic assets is ideal for Forex broker. You should ensure that your broker offers to trade in certain instruments area. He or she must provide a demo account where you can practice some trading skills before you go to market life. Years of experience and a well-establishment in the industry are the things that can help you to determine a reliable broker for you. Evaluate Fundamental When you are done with selecting a Forex broker, you should see if your capital designation for Forex exchange is not above or inadequate and decide your risk resilience. 100% sure about the results you are looking for, and to achieve that you have to have an overall strategy in place. Be Wise While Choosing-Account Type Your broker may offer different types of accounts to ensure that one of them will meet your needs. It may seem like a simple process, however, choose the type of account that synchronizes with the experience and expectations. The lower the risk, the higher the likelihood, therefore, it is wise to choose lower leverage. And if you want to choose Forex robot or software trading platforms then you should research a lot about the platforms. I think the FIX API trading platform will be best for you. Your working day is Similarly Important A few Forex exchange people to improve their standard salary by pointing out a few hours of work weekly. Meanwhile, others win alive by dedicating a lot of time and effort, perhaps at the full-time premise to get "compensation". However, you have to be sensible and acknowledge that it was an example of "you only get what you put in" and given that it is likely to have a favorable opportunity, you can not expect to win on the "go". You can get off to a fast start with Forex trading if you keep insights and tips in your mind. In the event that you are pursuing a master's, you will be able to verify the results were great and anticipate the possibility to withdraw payment from your trading practice. Finally, there are also few facts like study the market, making analysis etc. In order to become a successful trader, you have to work hard. So, GOOD LUCK!
  2. At present automation has changed our lifestyle. Now we are getting more and more depended on technology day by day. It has changed the way of business/investing. Now we got several types of robots or tech to do our work for us even online trading. In 2008, SEBI allowed automated trading in India. Since then, the number of companies that use algorithmic trading has increased, with current estimates put the figure at 50% of the total volume. This figure is still low when compared to developed countries like the US where trading volume more than that in India, 70-80% of trades done through algorithmic trading. This makes a career in algorithmic trading in India all the more interesting, where the concept is still relatively new in comparison with developed countries. Let’s try to understand 5 essential facts about algorithmic trading in India. Prerequisites Before You Start Algorithmic Trading Both stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have different prerequisites before you can get the approval to start algorithmic trading. Technically, a person can become a member of the trade and direct trade through the exchange by meeting certain criteria. The members of the exchange (s) can apply for direct approval by the exchange. On the other hand, non-members can apply for approval through their broker. Approval is a multi-step process the right to participate with the relevant algorithmic trading strategy in a trading environment pretend, get it approved by the auditor to give a demonstration to exchange for the approval of the strategy. One should note that any change in the algorithm must go through an approval process before it can be implemented the exchange. The Role Of Co-Location In The Market It is known that the first to react to the news can use it to their advantage. In the race to be the fastest to respond, most of the high-frequency trading (HFT) firms rent space in a rack server on the same network right on the spot exchange itself. This is referred to as the ‘co-location’. The advantage of co-location of reduced latency, which is the time your system needs to respond to any trigger, as the company can respond quickly when compared with those who house their servers away from the exchange. This idea, your data has to travel less distance, resulting in a faster response. Co-location is generally required only for HFT strategies such as arbitrage, market making, etc. that require a high level of technology and infrastructure spending and therefore used mainly by institutions and proprietary trading houses. Interestingly, India has one of the co-location charges the lowest among peer exchanges worldwide. From the perspective of a retailer or individual, Co-location has led to a more efficient market because of a decrease in bid-ask spreads, as market makers can respond more quickly to new updates and is able to offer much more stringent price. One study by Aite Group a few years ago in the US has pegged the savings to retailers/individuals at nearly $ 250 per year! Type Of Algorithmic Strategies Contrary to popular opinion, not all algorithms designed for high-frequency trading. There are various algorithms other than arbitrage and market-making algorithms designed by institutional investors and retail traders to trade in the market using the algorithm. Some popular algorithms including: Momentum / Trend Following – The algorithm is trying to find the company’s stock price trends by using technical indicators and / or quantitatively different to analyze the available information. Once these are identified, the trader can place a trade depending on the perceived profitability of the strategy. Statistical Arbitrage – One example is a statistical arbitrage trading partner where we see the ratio/spread between a stock price, co-integrated. If the value of spread beyond the expected range, then you buy a stock that has gone down and sell stocks that have outperformed in the hope that the spread will return to normal levels. Statistical arbitrage can work with a hundred or more of the shares in the portfolio are classified according to a number of factors and can be fully automated from the perspective of both analysis and execution. Machine Learning Algorithm Based – In simple terms, the use of historical data and feeding this market for machine learning algorithms that they have been designed. the data is divided into data training data and testing. Machine learning algorithms to learn patterns and features of the training data and trains itself to take a decision as to identify, classify or predict new data or results. algorithms continue to learn from the positive/negative, to improve accuracy and performance. Order-To-Trade Ratios Help Monitor The Market The ratio of order-to-trade is the ratio of the number of orders sent to the exchange, with the number of orders that can be traded. A ratio of 2: 1 would indicate that only half of the total orders received are traded and the rest remain pending or to be canceled/rejected. The significance of this ratio is the fact that the exchange punishes a company with a high frame rate trade as one might weigh on the exchange infrastructure by sending commands that are not expected, or worse, not intended for trading. Indian exchanges enforce penalties on companies that have a ratio of order-to-trade high for orders that prices outside the trading price range mentioned. Development Of Strategies And Research Tools With the advent of online research tools, many traders are increasingly looking out for online resources and backtesting platform in an effort to enhance the trading models and strategies. The latest automated trading platform like SGT Markets been granted access to market data vendors, and also a platform to build and evaluate their algorithmic trading strategies using statistical and computational power. In the end, algo trading has brought a new era to online trading. Though it’s not 100% dependable but if you stay vigilant then you can profit consistently from this technology.
  3. The value of different currencies around the world depend on political events, economic and global social and fluctuates regularly. This allows traders engaged fluctuations in foreign exchange or Forex to earn money by basing the sale or purchase of currency on speculation the future value of a particular currency. Today the Forex market is worth more than $ 6 trillion and the largest financial market in the world. The global Forex market is important for the sustainability of international trade relations, import and export, and the global economic framework and provides a livelihood for thousands of Forex traders around the world. Read on to learn more about - - Forex trading strategy - The benefits of Forex trading - 5 best strategies for 19-20 First of all, what is Forex trading? Forex trading is the basis for all international transactions and exceeded the volume of futures or stock market trading. The purpose of Forex trading is to exchange one currency for another in the faith that the value of the currency received will increase in the future. What are the different Forex trading strategies? Forex traders use many strategies and methods of analysis to determine the best time to buy and sell currencies. Here are the most important strategies involved in Forex trading. Fundamental Analysis: Fundamental analysis looks at the integral indicator of the economy to understand if the currency is likely to be undervalued or overvalued in the future. This method can be a little daunting because it involves a lot of data elements of a country's economy. This method also analyzes currency inflows and outflows in addition to economic news releases in the country. Technical Analysis: Many traders favor this strategy as it gives a decent insight into the predictive value of the currency. It involves reviewing past behavior and recently to predict the value of the currency in the future. Technical analysis involves a long list checklist for detecting small fluctuations in currency trends. It provides merchants with a visual and scientific basis to determine when to buy and sell currencies. Trade Trends: This method involves identifying a trend of increase or decrease in the price movement of the currency. Using these trends to determine the best time to buy and sell currencies based on the strength of a trend. This method involves a variety of factors such as the moving average, the value of the currency now and the relative strength indicator to calculate trends. Swing Trading: This strategy looks to set up shop during the 'swing' trading-day period. This period is when the market registers the maximum activity. This strategy reduces the false price movements observed during the lean period. Breakout Trade: Trade Breakout identifies the entry point of various trades before trading. If the price of the currency broke out of its range, traders can assume that the trend will continue. Similarly, if the price falls below the range, traders will know better than to sell the currency. Why do you have to learn Forex trading? Here are the main reasons that should convince you to invest the time and money to pursue a course in Forex trading. It can serve as an additional income: Trading in foreign exchange can help you supplement your income from a steady job, which can ease your financial situation. However, it is important to note that it takes to build skills and intuition in the subject. It is less dependent on the labor market: It serves as a perfect source of income because they do not get a lot of the work rate or downsizing in the companies affected. You can choose the timing of your work: Unlike the stock market which is open for only six hours a day, the Forex market is open 24 hours for 5 days a week trading. This gives you the flexibility to choose your work schedule. It involves lower transaction costs: Due to less number of intermediaries in the business, Forex trading has significantly less transaction costs unlike other types of trading. This will reduce your expenses and increase your profit margins. You can work anywhere: You can access the Forex market from every part of the world as long as you have a computer and an internet connection to work. These days, it is even possible to trade when you travel with the help of a smartphone. While all of the strategies involved in Forex trading, it takes time and technical expertise to know which one will be used at certain times. Pursuing a short course on Forex trading can help you become an experienced trader.
  4. First of all, what is the auto-trading software? Auto-trading software is traded software automatically: traders set the parameters, but then does not intervene in the operation of the program. These programs are also known, for obvious reasons, like a “robot.” First, the software collects market data from feeds that are as “real-time” as a regulator of the market will allow. Then, analyze this data to create a signal (an indicator of market trends), which triggers the selection and execution of trades. This happens almost instantly and with total accuracy, within pre-set parameters: when the honest intent of this software, the trader wishes to do. Effective Trading Systems If you are familiar with the stock market trading or Forex trading, you will be familiar with the trading systems available in the Option Robot. They are long-established and tested well in the markets, as well as in binary options trading. The challenge lies in applying the system – unless you use the Option Robot. This is because the team at Option Robot gives you the tools to take advantage of three of the most popular trading system that is being used. By using one or some combination of these systems, you can control your exposure to risk, and manage your investments. Classic Trading Systems It is a popular choice among many traders because of its simplicity and because it is a safe way to manage risk. Of course, there are risks involved, as there is with any type of trading or investment activities. Risk mitigation is key, and that’s what the classic trading system. It works by maintaining a constant value of each trade, unlike other systems that differ depending on whether the value of trade between the previous trading wins or loses. When you use the classic trading system, all your trades are stored at a constant value. Martingale system This is a high-risk strategy and high-reward. It is based on the principle that as long as you use a reasonable method to choose which trades to make, one of them will eventually become a winner. Nothing happens with the system when you put a winning trade – you place your next trade is the same value. If you lose a trade, however, the amount invested in the next trade is two-fold. If trade were also lost, the next trade is doubled again. This continues until you hit a winning trade and recover some of the losses that you make. Why is a high risk strategy? Because there is no way to predict how long a losing streak as possible. Each merchant passes the losing streaks, and if you find one that is long, you will need a great balance to not go bankrupt. Fibonacci Trading System Fibonacci trading system based on the Fibonacci sequence of numbers. It’s quite complicated mathematical and trade rules, but they were able to understand the concept and apply it effectively can use it to produce good results. Like the Martingale system, there is a basic value for every trade. If you win the trade, the next trade is placed on the base value. The trading system kicks every time you have a losing trade. Basically, it follows the Fibonacci sequence of numbers: if the next number in the sequence is five, for example, the amount invested in the next trade is five times the value of your basic trading. This ensures recouped losses and help you make a profit but carry risks similar to the Martingale system, that is, if you go on a long losing streak you can easily run out of money. Option Robot Features The demo account One of the best features of an Option Robot for those who are new to the platform is the fact that it offers a demo account. This is a fully functional account that has full access to the trading platform, and all the tools and features available. You can monitor the assets, try trading systems and trading places. The big difference between the full account and a demo account, however, is that you use cash instead of your own money stuffed. Obviously, it means you do not get any benefit if trade win but, equally, you do not lose anything if the trading loss. It allows you to test the platform without risking your own money. For these reasons, the demo account which is popular with traders both new and more experienced who want to try out the features of the new trading platform before making a real investment. There is one thing you should be aware of when creating an account Robot demo of your choice: You must register with Option Robot and open an account with one of their affiliated brokers. You do not need to make a deposit, but some people are cautious even so about signing up with a broker. That said, considering there is no need to deposit money this requirement should not present too many restrictions. Customer service The first place you should look if you have any questions about Option Robot or your account is part of the FAQ. It is detailed and informative and has answers to many frequently asked questions. If you do not find the information you need, you only have one other option – to call the customer service team via email. This email address contact@optionrobot.com. Robot selection is not committed to the query response time, just say that you will get a reply soon. Tutorials and Learning Many of the leading trading binary options platforms offers a variety of tutorials and learning materials to help merchants familiarize themselves with the system, and to teach them about binary options trading types of educational materials including video tutorials, how-to guides, eBooks, and learning modules. Unfortunately, Option Robot has none of these things. Actually, Option Robot does not have to provide them. After all, it is the trading platform, not a broker, and it is the broker who usually provides training materials. In the real world, however, most of the trading platform is better not to invest in these materials to help their users. In Option Robot, you can check out the blog, though not always up-to-date. You can also read our FAQ section; However, you should turn to Google for answers to most of your learning questions. Advantages and Disadvantages of Option Robot Advantages A website built – binary options market trading include everything from cowboy operators to multinational corporations. As a result, you get a complete range of websites, from very good to very bad. Robot selection is very good at the end of the scale. To start, do not use stock images of smiling people who are pretending to be a successful user – dishonest tactics are never a good sign. In addition, the website is intuitive and easy to use, while also being well laid-out with an attractive design. Honesty – in a sense, this follows on from the last point. Honesty is an important element in the binary options trading platform is good, but that is all too rare. Usually, what you find is a platform that promises riches a few hundred (or even thousands) every day. That is, of course, is not true, and anyone who has been involved in binary options trading at any level will know this. Those platforms that use this marketing strategy continues to make promises, however, in an effort to lure new customers. Robot selection of the chorus, which is a welcome departure from the norm. Instead, it makes the focus on how traders can use their platform to successfully implement a trading system. Customization information – this feature is somewhat unusual for a binary options trading industry: not many platforms provide much information about how their systems can be adapted or adjusted. Option Robot, which makes it easier for you to implement strategies that have been developed. Internet and web-based – binary options trading platform that charge money just to access the software they ring alarm bells. They often do this because the software must be downloaded and installed locally on your computer. Most traders do not like any of these things, that is, not the fact they have to pay for the software as well as the fact they have to install anything on their computers. Robot free choice, plus it is web-based, so there is nothing to download and install. You need to use the internet access system and a device – phone or computer. One drawback to this is that you can not access the Option Robot if you’re offline. In that state, competitors such as Binary Option Robots, which can be accessed offline, will have the edge. However, most people always have an internet connection, so this should not be a big problem. High-quality brokerage – trade binary options successfully require a number of different elements. This includes a good trading platform and an effective strategy. Another important element, however, is a good broker. A broker that you can use with Option Robot all of the high quality and is recognized throughout the industry. Disadvantages Including weakness – before you invest time and money in it the best that you know a lot about binary options trading platform it probably is. Robot weakness Options are: It does not have a track record – Option Robot offers a number of innovative features, including an impressive signal that it generates. This has created a lot of interest in the binary options trading industry, and many people pay attention to what Option Robot doing. That said, short track record against its competitors in the market. This is simply because they have not been around for, but it remains a fact that the success of the claim could not be verified to detail and time-tested record together with other trading platforms. This is not always an indicator of poor quality, but it is something that you should consider. Only one asset available – the only asset that you can trade in Option Robot is a currency pair. He has decided to focus on one niche in an effort to become an expert trading platform for certain types of assets. This is a risky strategy, as most traders like having the option to choose the asset type and include a variety of different assets in their trading strategy include indices, stocks, and commodities and currency pairs. Maybe pay for Option Robot but be frustrated if you want to expand the range of assets that you trade. You must open a new brokerage account – as described above, the process of getting set up with Option Robot involves registering an account with the trading platform and one of the brokers they are approved. What if you already have some experience with binary options trading, however, and already have an account with one of the brokers offer? Unfortunately, you will not be able to use it. Instead, you must re-register with a broker and open a new account. This is a method of operation that only affects merchants with accounts (eg, those new to binary options trading will not be affected), but rarely popular. This lack of transparency – most binary options trading platforms provide clear information about who owns the system and develop a platform. None of this information is available in Option Robot. That means we do not know who they were, or where the platform came from. That would be a concern of many people. Conclusion Robot selection is not perfect by any means, and we have outlined a few areas where it could do better. It does not deal-breakers, though, and can be solved with In general, this is not an easy market for traders to operate. These difficulties are amplified if you are a new trader in the industry and try to find your way. The number of scams out there is confusing, even for the big players. Binary options brokers used to be the biggest risk for the trader, as witnessed by the number of complaints that flooded a website like ours, and for regulatory bodies around the world. Trying to navigate through a broker dodgy at times it was almost impossible. However, regulators stepped in and now a better picture. Of course, there are still brokers scams out there, but they are not common because they are in the past. The spotlights are often displayed on the broker by websites like this, so it is becoming increasingly difficult for them to operate. Which lead to other problems, however, as scammers simply shifted their focus from binary options broker for automated trading platform. Regulatory position in this market is far less clear. In fact, no single jurisdiction in the world that can be described as having adequate regulation. That leaves it to sites like us to investigate and analyze the platform has to offer, to explain to the merchant exactly what to expect from a particular provider, and what the potential risks.
  5. Have you ever wondered how you can automate your trading strategies and increase your trading profits? Various types of technical analysis are to look at the indicators for signal and business based on the signals. I believe that “Behavior that puts great traders above the rest,” you should be noting all transactions in your trading journal, and you gain more experience, you should be able to identify configurations that you make the most money. What if you can program a computer to automatically identify these configurations and enter trades automatically? What if you can free yourself from the tyranny of the charts? You got me. Haters will say it can not be done, but they are wrong. It can be done. The amount of available financial data is amazing. You can get the price directly from exchanges via their most cryptocurrency interface application program (API), and, as expected, it’s just a bunch of numbers. Unsurprisingly, computers are much, much, much better than humans do the math. If you can identify configurations that make you the most money, so a computer can. We are talking about technical analysis, fundamental analysis not, which is a whole other kettle of fish. A guy I keep hitting about Ed Seykota, had a pretty good race in the 70 and 80. He pioneered trading systems and accumulated earnings 250 000% over a 16 year period in its model account. And yes, it is the correct number of zeros. This kind of earnings are unknown today. With the advent of computerization of transactions, it has had very little competition. The gains were eroded, but you can always do an excellent performance of automated trading systems. Technical analysis is the study of maps. View AT price search patterns and use indicators to determine market conditions. A flag is just a mathematical function on the price and / or volume of an asset. And a model is just a price arrangement over. This means a technical trading strategy boils down to numerical analysis and mathematical problems. Computers are much faster and more accurate than humans in solving math problems, so why not tell your computer what the rules are and let it trade for you? What is an algorithm? The dictionary definition of “algorithm” is: “A process or set of rules to be followed in calculations or other problem-solving operations, in particular by a computer. “ This sounds very similar to a technical trading strategy. You find a setup that works for you (eg MACD fast line crosses the slow line from bottom to top), and you decide what you will do about it (for example, place an order on the purchasing market, with a stop loss below 1% in the last level of support, and closing the trade when MACD lines intersect again). Here is a simple example, and it is all digital. If you can identify the situations in which you need to open a position, where you have to close a position, you can tell a computer to do the same. It will be faster and more accurate (assuming you are told to do the right thing!). The advantage becomes clearer if we look at a more advanced example. Suppose you want to combine 5 indicators and analyze a basket of 7 different assets for commercial entrance. That’s a lot of information that the human mind to handle. You will be going back and forth between screens to research your indicator to light in green and tell you to enter the market. The possibility of making a mistake is amplified when your attention is divided into several markets. This is when a computer is shining. The ability of a computer to manage the assets and multiple indicators is much higher than that of all of us. Computers still have their limitations, but even a basic laptop PC may exceed any human being when it comes quickly and analysis of accurate data. I hear some of you saying, “Yes, but I can set alarms and signals to tell me when the market conditions are right! “ You can. And how do you think the work of alarms and signals? They are algorithms. It is a step removed from algorithmic trading because the alarms just have to tell you when the market is in a certain state, they do not handle orders or anything like that. This part depends on you. What is really the easiest part of the operation? Why not get an algorithm to do all this? It is cheaper than hiring an assistant. In addition to general trade automatically, there are some specific uses for automated trading, including: High-Frequency Trading (HFT) Arbitrage scalping reducing transaction costs HFT group execute large volume transactions with high speed, hence the name, “high frequency”. In 2008, after the collapse of Lehman Brothers, there is great concern about the liquidity in the stock market. NYSE decided to do something about it in 2016. They introduced a new incentive for the market makers, attract groups to provide liquidity in the market by offering rebates averaging $ 0.0019 to trade at NYSE- and NYSE MKT-listed securities. It does not sound like a huge incentive, but if you make millions of trades every day, rebates start adding. How could the man possibly make millions of transactions a day? And millions of profitable trading it! They can not. Enter, automated trading systems. By introducing rebates, incentives NYSE HFTs use, entities that can make trading decisions in microseconds, and were rewarded for it. Some see it as unethical because HFTs have greater profit non-HFTs. They did, but that just means the rest of the market needs to adapt to the new players. Adapt or die. The market is constantly changing, this is just one of the changes. The world has become computerized, and there will always be people who stand in the way of progress, because what “progress” for others really hurt these people in the short term. So it is understandable that people would be annoyed by HFTs. But advances progress. Work that can be automated will be automated. We need to deal with the fact that. Do not worry, we’re going to dive into a discussion about automation and the future of humanity today. Let us return to automated trading. Another special use of the automated trading system is to arbitrate. Arbitration is the simultaneous buying and selling of the same assets in two different markets, the prices are out of sync. For example, now BTCUSD Kraken trading at 7281.50, and 7294.10 on Bitfinex. The difference is 12.60. If you can buy and sell BTC to the Kraken in Bitfinex, you can create a 12.60 per BTC, no questions asked. This is seen as a “risk-free” as you buy and sell the same assets since this price must be met eventually. I say “should” because this may not always be the case. This price difference may not last long, because there are other vendors out there watching the price, and hope to take advantage of the spread as well. So, you have to be quick. And what better way to trade faster than a computer program to do it! Arbitration bots that seem simple, but is becoming more complex. There are many different problems that you normally would not find in other types of trade, such as the speed of execution. This becomes a problem because of the difference in price will not last long before other arbitration capitalizes on the difference. So the fastest finger first. Some trade groups resort to “co-location”. This is where the trading company trading algorithms are hosted on servers in the same building as the exchange server so that they can be directly connected with fiber optic cables. When many trading companies doing this, data center providing fair conditions for all groups using exactly the same length of fiber optic cable to connect the server each trade group for the exchange server. It will come down to the level of detail, it’s how high competition in this space! Scalping is another application. This involves entering a trade and close them after a short time to make a profit from small price changes. If you watch the graph for any liquid assets, even 10 cryptocurrencies, you’ll see prices move constantly. Touts the advantages of this movement. In the same vein to HFTs, brokers make money on the scale. If you make $ 0.10 per trade, you need a lot of Helluva trade to make significant gains. But with algorithmic brokers, you can do it. scalping demands rapid decision-making, something that computers are better suited to than us humans. Work on the short term and create short-term trading is something that requires speed and precision of computers. Short time frame also helps to limit the risk exposure for brokers, as they are only exposed to market movements for a very short period of time. They do not have to worry about large swings in price because they are only in the market for a few minutes at a time. Smaller profit per trade is also much easier to get. It’s more likely that the market will move in the same direction 0.10 from 1.00 in the given time-frame. This makes it easier for brokers to make a profit on every trade. This move more often, so brokers can make money even when the market is relatively quiet. Some may look down on scalping as a lower form of trade, but at the end of the day, it is a way to make money in the market. Perhaps you are better suited for scalping from the technical or fundamental analysis? If so, that’s good. The aim of the game is to make money, not to be the smartest person in the market, or even the most skilled. The last type of automated trading that we will discuss here is the reduction of transaction costs. The algorithm used to split large orders in to smaller ones, and then insert them into the market from time to time to get the best price. large orders can move the market, so large institutional investors will use an automated system to cut their orders into bite-sized pieces that can be absorbed by the market without affecting the price too much, if at all. It is less exciting use of the algorithm in the trade, but it is necessary, and it’s another example of a much better job is done by a computer rather than a human. In the early days of Ed Seykota, he programmed trading algorithms into a punch card that is read by a computer! Luckily trading technology has come a long way since then. Now anyone with basic programming skills can set up a trading algorithm. If you have a trading system, whether based on the signal indicator, pure price action, or other technical analysis, you can write a short script to monitor the indicators that you choose and act on them. If you do not have programming skills, then contract out the work on platforms like oDesk. There are a few around the trading platform that allows you to write your own trading algorithms, and integrate it with their infrastructure. You do not have to worry about connecting to exchange API, how to calculate profit and loss, or even how to run the command. This system has solved all these problems so that you can work on a high-value aspect of your trading operations, the algorithm itself. Some of the platforms include: The catalyst (my preferred platform) HAASONLINE Gekko Trading View Quantopian (non-crypto) Quantopian does not support cryptocurrencies, but I think I’ll add it in because it was the most advanced of all these systems. Catalysts branched from the underlying technology Quantopian, but different because they focus exclusively on cryptocurrencies. This system I use now. Both are written in Python. I have not tried HAASONLINE, therefore, paid services, but I think I will add it to show what other kinds of solutions are available now. And Gekko is an alternative that is written in Javascript. I do not think it’s as polished as Catalyst, but it does give some good features. One thing Catalyst, Gekko, and Trading View have in common is backtesting. Both systems allow you to download the historical price data from exchanges, and test your algorithms over a period of time in the past. It’s good to develop algorithms and hone it. At Catalyst, depending on the pair you want to test against, you can trade from March 2015 until yesterday and every period between. You can backtest as many times as you like, without the risk of money, until you are satisfied with the results. Trading View has a very simple scripting language called Pine, which you can use even if you have no experience in programming. It’s very easy and can be your gateway into automated trading. Realize, too much can cause your backtesting to over-fit your strategy to historical data. It is the algorithm can work perfectly for the price action from Jun 2017 to December 2017, you get a 3000% (Woah!) But it just might work for a period of time. market conditions are constantly changing, so you can not rely on back-testing to give a perfect algorithm. A strategy I tried out now to hone my algorithm is to use a Monte Carlo simulator to generate a random price for the next year, then the hose in Catalyst, and run my algorithm to the data-set. In this way, I can test my algorithm on an unlimited number of possible future scenarios. So, what is your prespective on getting profitable with automated trading?
  6. Automated trading has now become very common these days. People are getting attracted to it day by day. Though it is only a robot so it has certain risks. So, today I’ll be disclosing 7 certain risks of automated trading. Therefore without any further ado, let’s begin- Mechanical failure The theory behind automated trading makes it seem simple: Set up the software, program rules and watch trade. In reality, however, automated trading is an advanced method of trading, but not perfect. Alpaca originally only going to support algorithms that run on your own computer, so that your trading system will be located on your computer — and not the server. What that means is that if the internet connection is lost, the command may not be shipped to market. There is also the potential loss of power, the computer crashes, or some other system peculiarities of the algorithm can stop you from walking or causes anomalies. Monitoring. Although it would be great to turn on the computer and leave for the day/week, automated trading systems that require monitoring or alerting system. This is due to the potential for mechanical failures, such as connectivity problems, power loss or crash the computer and custom systems as mentioned above. It is also possible for automated trading systems to experience the anomalies that can result in errant orders, lost orders, or duplicate orders. If the system is monitored and / or an alerting system, these events can be identified and resolved quickly. Trading Experience The level of trading experience with the automated trading system is important in deciding how you should choose your overall trading strategy. Very complex strategy with many variables makes it difficult to determine whether the trade will execute designed to benefit. Starting with simple automation strategy will allow you to develop a learning experience and trading method that works best for you. Over-optimization Although not specific to the automated trading system, traders using backtesting techniques can create a system that looks great on paper and do a very in-market life. Over-optimization refers to excessive curve-fitting that produces a reliable trading plan in live trading. It is possible, for example, to tweak the strategy to achieve outstanding results on tested historical data. Traders sometimes wrongly assume that a trading plan should have a nearly 100% profitable trades or do not have to experience withdrawal to be a viable plan. Thus, parameters can be adjusted to create a “near-perfect” plan — which really fails as soon as it is applied to the live market. programming differences Maybe there is a difference between “theoretical trade” generated by the strategy and order platform component that turns them into real trading. Most traders should expect a learning curve when developing automated trading systems, and it is generally a good idea to start with small trade sizes or doing “paper trading” while the process is being refined. No High-Frequency Trading Platform alpaca is NOT a high-frequency trading platform. While automated trading strategies can be sent trading to the market at a high frequency, Alpaca does not support either the necessary speed data stream market or trade execution speeds needed for the high-frequency trading program works as intended. Strategies automated trading that has excessive dependence on the speed of market data and execution speed will not be able to compete effectively with the merchants who have state of the art equipment and very short high-speed connection to the market, especially when the connection you use for the internet is through an internet service provider housing. Dependence on Risk-Reducing Orders or Strategies. With automated trading, replacing the market monitoring by placing a specific order (eg the command ‘stop-loss’ or ‘stop-limit’ orders) which are intended to limit losses to certain amounts may not be effective because market conditions do not allow to execute such orders. At the time, it was also difficult or impossible to liquidate a position without incurring substantial losses and Alpaca platform does not provide manual intervention processes available. To conclude, despite all the risks automated trading is very profitable these days. So, what do you think about automated trading? Let me know.
  7. FOREX trading might sound to you like something unique, but it’s not difficult to explain because most people consider it tough to understand. Though it is true, this is different from what you normally use in other capital markets, but the ideas behind it are the same; to get as much profit as possible in a very short time. The Forex exchange market is the largest market in the world without anyone approaching it. It is traded in trillions of dollars a day all the time, so it is attractive to both; traders who trade in small or larger sizes because Forex trading is relatively easy to complete your trade and the cost of doing business is much lower. So, without any further ado, let’s dive right into Forex trading and how it works. What is Forex trading? Forex is a synonym of foreign exchange, so basically it is trading one currency with another currency. Most of us have probably done this kind of exchange, manually if not electronically. For example, if you go on holiday to Malaysia, you must convert your money to Malaysian ringgit, or if you go to the US for a vacation; You will spend USD in the US. This is a form of Forex trading where you sell your own domestic currency for foreign currencies. How does a Forex broker work? Forex brokers are basically intermediaries who buy and sell on behalf of someone. Every time you work through a broker, he will get some money as a commission called a spread. Now, the great thing about the Forex market today is that the spreads are far lower because Forex brokers are very competitive businesses. When you open an account with a good broker like Exness, they will do what is known as KYC, called Know Your Clients. So, that means you have to show some credentials to ensure that you have good credit, especially if they give you leverage (lend money to trade). Who trades Forex and why? On a much larger scale, trade is carried out by central banks, large banks, companies, governments, and retail traders. Central banks intervene in the foreign exchange market to bring a balance in the currency so that they remain competitive in exports. So, they sell their own domestic currency on a large scale to buy whatever relevant raw materials they need from other countries. Finally, retail traders; like you or me, speculate in the Forex market for profit. The advantage of Forex trading High Liquidity So, every time you place an order on the Forex market, you don’t need to worry about completing your trade because there are many buyers and sellers in the market. According to the latest survey, Forex traders have jumped close to 10 million in the market. Risk management Forex allows you to trade very small lot sizes. Unlike stocks, where there is a large risk involved, in Forex, you don’t need to trade big to get big profits. Open 24/7 Forex gives you the option to trade whenever you want, Monday to Friday. You can wake up early or late at night. You can go home from your daily work, and the Forex market will remain open and in full bloom. So, in the end, Forex trading is now on the edge of online trading. Though many people still don’t know how it works. So, for them, if you have any question in my mind regarding Forex trading then please let me know.
  8. We all are now living in an era of technology. Technology has contributed to almost every sector. Due to technology now online trading has been gaining popularity day by day. And now we have robots instead of a human to participate in online trading. So many traders have a confusion that is automated trading safe or not. Frankly speaking from my perspective there are risks in automated trading. If you want to use trading software then you have to take some risks in order to profit from it. Because everything has pros and con. So first of all what is an automated trading software Automated trading is a sophisticated trading platform that uses computer algorithms to monitor markets under certain conditions. A trader using an automated platform may set some initial rules for equities, such as volatile small-cap equities whose prices have recently exceeded their 50-day moving average. Traders also define the entry and exit points for their potential positions, and then let the computers take over. Automated software can select actions that meet the criteria and execute transactions based on preset parameters. Some of the advantages of automated trading are obvious. Humans are limited in the number of stocks or currencies they can watch at any given time. We only have two eyes, right? On the other hand, computers can navigate different markets and values with incomprehensible speed for real-life retailers. Algorithms can detect a trend reversal and execute a new transaction in a fraction of a second. Automated strategies only work in specific market conditions. They are not universal and you need to know when to deploy them. In addition, many automated strategies become over-optimized and do not take into account actual market conditions. Remember that not all backtests in the world can make a foolproof strategy. Benefits of automated trading Fast Trade Execution Adheres to a predetermined strategy and does not deviate Eliminate stress and emotions Reduced transaction costs Risks of automated trading Lack of control is difficult to accept for some traders Successful strategies in backtests can falter in real life Easy to over-optimize your strategy Many robots or expert advisors have questionable success rates So, as you see there are both benefits and some risks in automated trading. Therefore, if you want to succeed in automated trading then you have to take certain risks.
  9. The cTrader IC Markets platform gives you approach deep liquidity in 64 currency pairs plus 16 major equity indices. Active traders throughout the world value trade in the ECN environment, combined with surpassing cTrader functionality and streaming prices from several global banks, giving you the best trading solutions.Very Low SpreadIC Markets recommends several tight spreads from all Foreign exchange brokers globally. Spreads on EUR / USD can often be seen at 0.0 pips during European and North American trading sessions. The average spread on EUR / USD is 0.1 pip 24/5. This is currently the most stringent EUR / USD average spread from any broker globally.No Restrictions on Trading - Scalping AllowedCTrader IC Markets Platform has no restrictions on trading. We have some of the best trading conditions for scalping and high-frequency trading globally, allowing traders to place an order between spreads because there is no minimum order distance and a freezing level of 0. This means orders including stop-loss orders can be placed as close to the market price you want. Traders can also hedge positions because there is no first exit rule (FIFO) with IC Markets.Price Level II - Market DepthCTrader market depth shows the full range of executable prices that come directly from liquidity providers. Orders are fulfilled for full order books using Volume Weighted Average Price (VWAP). The cTrader platform offers transparent liquidity for each currency pair by showing the available volume for each price level at a certain time. High liquidity, spot prices are out of sync, and low latency guarantees the tightest spread possible.About IC MarketsIC Markets is the only forex True ECN broker in the world that provides trading solutions for active traders and brokers, as well as traders who are new to the forex market. IC Markets offers its clients the leading trading platform, low latency connectivity, and superior liquidity. IC Markets revolutionizes online forex trading online traders can now gain access to prices and liquidity that were previously only available to investment banks and high net worth individuals.For more information: https://www.topasiafx.com/best-forex-broker/ic-marketsSo, my trader fellows, read the process of choosing a trustable, reputable and almost best broker platform to start trading for the modern days: https://www.topasiafx.com/blogs/15-best-choosing-ways-of-a-trusted-forex-brokerMedia Contact:-International Capital Markets Pty Ltd-Level 6 309 Kent Street-Sydney NSW, 2000 AUSTRALIAEmail: info@icmarkets.comGlobal Phone NumbersGeneral: +61 (0)2 8014 4280Fax: +61 (0)2 8072 2120
  10. The advent of international trade has brought many benefits, one of which is to consolidate the foundations of globalization. While other factors such as global peace and stability played a crucial role in the foundation of globalization and the laws that governed it, international trade was essential to accelerate the process. In doing so, countries have been able to export crucial resources to other countries in the world and to import indispensable resources. In addition, the changes during the period have also led these countries to put in place a monetary system. Initially, these currencies were attached to a specific commodity - gold at the time - and then to the US dollar. However, as history will have it, most countries have finally chosen not to join and have finally adopted a floating monetary regime, one in which a country's currency is allowed to fluctuate according to the forces of the country demand and supply on the market and not controlled by a government or indexed to a specific dominant currency (as was the case under the aforementioned regime). As more and more countries have started to participate in international trade, the above-mentioned monetary regime has been widely adopted by these countries. All of this progress was made at a time when the economy and finance were on a growth trajectory as more and more research was conducted on the pricing and hedging mechanisms for different financial products. Research on stochastic methods, bivariate analysis, and other complex financial models has dominated this space, leading to new methods of forecasting the movements and future prices of currencies and other financial products such as currency derivatives. The result of the currency trading instruction meant that currencies were at the top of this new paradigm of finance and that currency trading was resulting. As with any new financial product, developments in the financial markets have led to the rapid adoption of different currency pricing mechanisms. This led to a change in the hedging structures of these financial products, which led to the start of currency transactions. These exchanges were based on movements in the financial markets, in particular, foreign exchange markets, which in turn were driven both by foreign exchange - the import and export of a country's products - as well as by foreign investment. in a country. with stronger policies encouraging investments as well as those with higher mechanization - used to ensure greater value added to their natural resources - had much stronger currencies than their counterparts). Over time, new research has been undertaken in this area, which has resulted in technical and fundamental currency analysis. These methods have revolutionized the way different currency traders perceive trading, as well as the strategies and analyzes associated with them. In this article, we examine some of the currency trading strategies and briefly evaluate some of the tools needed to trade hard currencies. Forex Trading Strategies: An Introduction The way to understanding currency trading developments in the money markets, accurately anticipating anticipated developments and exploiting one's comprehension of future developments, making an arrival/cash all the while. When trading monetary standards (otherwise called Forex trading), there are various elements which figure out which strategy one ought to pursue. Key among this is to comprehend the term of your speculation: short, medium or long. While a few financial specialists hope to transient exchanges, for example, minutes or even hours, a few techniques work better with medium-or longer-term speculators who hold positions for quite a long time, weeks or now and again, months. An examination of economic situations additionally assumes an urgent job in Forex trading. Besides, while it is apparently rewarding to use more or incorporate higher capital in one's exchange in order to help the profits, given the unstable idea of the Forex advertise, unforeseen swings may have critical results on one's portfolio and crash one's speculation. In that capacity, a comprehension of hazard the executives are exhorted for financial specialists in this market. It is additionally imperative to bring up that there are various variables which decide how well your forex exchanges will play out, some of which are explicit to various people. While there are various techniques which have been back tried and explored by particular cash traders, individual inclinations and dispositions additionally influence the trading process. As an outcome, while the strategies checked on in this piece have worked for previous traders, one should test them for their particular exchanges in order to guarantee that they work for them. Sorts of Trading Strategies There are various Forex trading techniques which have been embraced by the monetary markets, some which are explicit to specific exchanges which have been made previously. In any case, in this segment, we audit principally systems which have been embraced, looked into and back tried by forex traders. Day Trading Day exchanges include one holding their portfolio for no longer than one day. Such exchanges exploit intraday unpredictability hence speculators investigate transient exchanges as a method for boosting their portfolio development. Similarly, as with the name, such exchanges are not intended to be held for longer than a multi-day and this empowers the speculator to maintain a strategic distance from the hazard related with enormous Forex developments which may happen medium-term. Such financial specialists will in this way almost certainly be engaged with five-moment to hourly exchanges dependent on their investigation of specialized devices instead of on macroeconomic and principal examination. The outcome, nonetheless, is that such exchanges are inclined to noteworthy changes, some which can crash one's whole position. They in this way expect one to have a reasonable comprehension of specialized investigation, particularly on the planning of passage and exit of an exchange. Scalping Likewise, with any cash, there are both offered and offer costs. The distinction between these two costs is known as the offer/offer spread. Scalping is a transient trading strategy which includes a trader attempting to beat the offer/offer spread and make some benefit out of skimming a couple of focuses before shutting the exchanges. By and large, hawkers have an enthusiasm for downturns in the market and how they can exploit them and this is for the most part surveyed through the request stream device. While this is the situation, the combination of automation with cash trading has come to reform this fragment because of the lot quicker adjustment to changes like (FIX API). As calculations audit this spread and make brisk exchanges, they incapacitate people from making 'exchange openings' or skim away focuses as with scalping. Scalping, in this manner, expects one to be reliably evaluating their exchanges (for a considerable length of time here and there) and making quick exchanges the procedure. At last, it likewise necessitates that people contribute high measures of capital as the exchange expenses related to these exchanges may crash any benefit which might be produced using little size exchanges. Position Trading In contrast to the past two, this is an all the more long haul trading strategy (hold one's situation for a considerable length of time or even months) which involves a trader attempting to make a benefit from huge changes in the market. Given the idea of such huge cash developments, the majority of these developments are driven by basics and changes in macroeconomic factors. For such exchanges, one initially has a perspective on the macroeconomic conditions influencing a particular exchange, for example, understanding the explanations behind the GBP being relied upon to pick up against the USD over a particular period, state financing cost climbs in Britain. One that is clear, the trader will at that point examine specialized apparatuses in order to comprehend when is the best time to get into an exchange just as leave the exchange. This procedure is known as shaping a position, subsequently its name. This sort of trading has much lower hazard when contrasted with different types of trading given that the trader isn't influenced by intraday instability. In any case, while it will, in general, be more beneficial than other trading techniques, this strategy likewise expects one to infuse a great deal of capital and have a reasonable comprehension of central investigation. Swing Trading Now and then the Forex market encounters noteworthy single developments. In fact, some of them are known as moving normal ricochets or exchange pullbacks and breakouts, all which see the market move one way or radically influence from a leaning back position to a benefit position. Every one of this is incorporated into a class known as a swing. Swing trading enables a trader to exchange on such enormous single developments. This strategy is a short-to the medium-term strategy which sees the financial specialist clutch exchanges for a considerable length of time or weeks and which sees them evaluating value examples and attempting to benefit from them. Dissimilar to position exchanges, there are more open doors for one to benefit from swing exchanges consequently financial specialists who have a reasonable comprehension of specialized investigation instruments can profit significantly from this. Moving Average Trading Moving midpoints structure a huge part of specialized examination instruments. The moving normal is a measurable investigation toolbox which examinations the normal incentive over a progression of information: for a pool of week by week information of around one year, the moving normal will be utilized to break down the proceeded with a normal incentive in the course of the last say a month. This technique at that point keeps on finding the normal over a four-week time frame recursively over the whole year. The moving normal is a slacked normal and is helpful in clarifying the distinction in execution between the short and long haul. On account of a rising moving normal, the present moment generally will, in general, be beating the long haul and the other way around remains constant for the declining moving normally. Associated with candlesticks, the above is an important bargaining toolbox. In this case, one can configure their technical tool to buy when the candlestick is above the moving average and sell when the candlestick is below the moving average. The rationale is supported by the fact that, for the average of the former, there is an upward dynamic that should push the currency higher than its average value in the short run and a buy recommendation is therefore given. On the contrary, for the latter, there is a downward pressure which should lead to an underperformance of the security relative to the moving average in the short term, thus requiring a sale of securities. 50 pips Trading Pullback The above is a bargaining option for scalpers that take advantage of morning movements. It works best with the most liquid currency pairs such as EUR / USD or GBP / USD. The trader fixes a 50-pips perspective on the currency's position, both in recovery and in retreat. The trader opens two opposing positions, which means he is looking to take advantage of a reversal of the aforementioned positions. At the opening of one of the above positions, the other transaction is immediately closed. As with other short-term strategies, the above is a risky strategy and requires the inclusion of stop loss so that the trader does not incur significant losses. However, these movements tend to make traders realize minimal profits early in the morning before other moves during the day. Conclusion Although there are many methods of trading; However, the six strategies above have been tested in the past and have been found to be effective for traders. These, however, do not include all strategies as more and more investors develop their own strategies that worked for them. In addition, technical analysis tools such as Bollinger Bands, Candlesticks, Mobile Mean Convergence divergence (MACD), Alligator and Fibonacci tools also play a vital role in ensuring that investors are actually analyzing their transactions. In conclusion, even if there are different strategies, they should be evaluated and the most appropriate for each individual. Each of the above strategies is categorized based on the capital investment required to complete a transaction, in the short or long term, and thereafter. While some investors prefer risky investments, others will need certainty to invest, making them less likely to take risks. Thus, different options will work better for different people depending on these different factors. Overall, Forex trading is an important financial product that offers investors a great way to create wealth in both short- and long-term trading options. Investors will benefit greatly from considering this wealth creation option.
  11. Foreign exchange (Forex) is the process of converting one currency into another. Currency is important for everyone in the world, and treading foreign currencies has become an efficient way to increase bank balances. Foreign exchange trading is very popular, so overall, around 5.3 billion USD is traded every day as Forex by governments, banks and companies from various countries. In the past few years, the popularity of Forex has increased because climbing Forex is really profitable in the short and long term. Here are some tips that will help you as a beginner to become proficient in Forex Trading. Know everything As a newbie when you know about the benefits of Forex trading, you want to invest it without knowing everything about it. That's one of the most common mistakes and suicide. As a trader, you must know all about Forex trading. Before you start your journey on Forex, find out about each different trading style and risk profile. Determine Goals and Styles Setting goals always help you plan your trip, and the same rules apply to Forex trading. As a beginner, first, decide that Forex trading is really difficult because of unrealistic expectations. It is recommended that you start your Forex trading journey with the best trading brokers and software. Broker and Trade Platforms The broker and trading platform that you choose determines many things about your success. It is wise to invest more time in finding famous brokers and to find out about their policies. As a trader, you also need to know about trading on the free market and trading on an exchange-driven market. A good combination of brokers with good platforms is not easy to find but is the only way to get success in Forex trading. For that, you will have to choose the best broker that meets your needs. Here is 15 Best Ways To Choosing A Trusted Forex Broker - TopAsiaFX Calculate Expectations Hope is a formula used to calculate the reliability of your system. It is always recommended to calculate expectations to find out whether you and your trading on Forex are going in the right direction or not. Take your trade with profit and more with losses and make calculations to find out whether you profit and loss.
  12. fxfarmerashik

    Forex trading has now become a principal profession in many corners of the world. People are getting into it day by day. Today I’ll be talking about the beginners of Forex trading. So, if you are a beginner don’t go anywhere because I’m about to begin. Therefore, without any further ado, let’s dive right in. Forex trading for beginners Forex trading can be an energizing and worthwhile movement, yet it can likewise be intense, particularly for tenderfoots. Newcomers think little of the significance of money related training, will, in general, have ridiculous desires, and battle to control their feelings, pushing them to act unreasonably and impede their general execution. What is the Forex advertise? The Foreign Exchange advertise, likewise called the Forex or the FX showcase, is an over-the-counter market where the world's cash is traded. Numerous players exchange the Forex advertise, for example, institutional financial specialists, national banks, multinationals, and business banks, among others. As a retail trader, you can get to this market with a Forex and CFD broker and make cash by purchasing or selling money sets. Monetary standards are constantly cited two by two – for example, in the EUR/USD cash pair, the EUR is the "base" money, while the USD is the "cited" cash. The cited cash is consistently what might be compared to one base money. In the event that the EUR/USD conversion standard is worth 1.1222, at that point you will get $1.1222 for €1. In our model, we can see that the EUR/USD has 4 decimals. This is run of the mill of most cash sets, aside from those that include the JPY, which just showcase 2 decimals. At the point when a money pair goes up or down, the change is estimated in "Pips", which is a one-digit development in the last decimal of a cash pair. At the point when the EUR/USD moves from $1.1222 to $1.1223, the EUR/USD has expanded by one "Pip". When you take a gander at a money pair citation on your broker's stage, you will see two costs: a selling cost on the left (offer cost), and a purchasing cost on the right (ask cost). The distinction between the two costs is known as the "spread". This "spread" is taken by the broker and is one of the fundamental manners by which they profit. The Bank for International Settlements proclaimed in its last triennial study that the day by day normal trading volume of the Forex market achieved in excess of 5 trillion US Dollars. It additionally demonstrates that, because of this tremendous volume, the Forex market is the most fluid market on the planet. Liquidity alludes to how simple it is for traders to open and close their trading positions without influencing the cost of the hidden resource. Liquidity is a decent sign of how dynamic a market is. The idea of liquidity likewise works inseparably with instability, which estimates the manner by which market costs change. Unpredictability is something to be invited, as it is instability that offers traders the chance to make benefits, particularly for momentary traders like hawkers and informal investors. What are the distinctive trading styles? As a Forex trader, there are diverse trading techniques you can use, with the fundamental styles being: Day trading Scalping Swing trading Day trading and scalping are two of the most forceful and dynamic trading styles. In the two cases, all trading positions will be shut before the finish of the trading session. Where these 2 styles vary is in exchange recurrence – scalping is tied in with exploiting extremely little value changes, frequently purchasing and selling inside a couple of moments or minutes, while informal investors may hold a situation for as long as a few hours. While day trading and scalping are extremely momentary trading strategies, swing trading is longer-term, with positions held as long as half a month. Contingent upon the trading style you pick, you will utilize various kinds of requests. For example, "advertise" requests will be utilized by hawkers more so than by swing traders, as these requests offer the best accessible cost for you to enter or leave the market in a split second. For day trading or swing trading, "limit section" requests will be progressively valuable, are they enable traders to enter the market at a pre-decided value ("purchase limit" orders are for when you need to open a "long" position, and "sell limit" on the off chance that you need to open a "short" position). As Forex trading is frequently offered with influence, potential benefits are amplified, alongside potential misfortunes. Now, You can also use automated trading . This is one of the best option for a Forex newbie. Thus, it's essential to utilize stop-misfortune requests to restrict your misfortunes if the market conflicts with you. Probably the most ideal approaches to relieve your hazard is to exchange with the pattern. So, was it helpful? Now I would like to hear it from you.
  13. Foreign exchange (Forex) is the process of converting one currency into another. Currency is important for everyone in the world, and treading foreign currencies has become an efficient way to increase bank balances. Foreign exchange trading is very popular, so overall, around 5.3 billion USD is traded every day as Forex by governments, banks and companies from various countries. In the past few years, the popularity of Forex has increased because climbing Forex is really profitable in the short and long term. Here are some tips that will help you as a beginner to become proficient in Forex Trading. Know everything As a newbie when you know about the benefits of Forex trading, you want to invest it without knowing everything about it. That's one of the most common mistakes and suicide. As a trader, you must know all about Forex trading. Before you start your journey on Forex, find out about each different trading style and risk profile. Determine Goals and Styles Setting goals always help you plan your trip, and the same rules apply to Forex trading. As a beginner, first, decide that Forex trading is really difficult because of unrealistic expectations. It is recommended that you start your Forex trading journey with the best trading brokers and software. Broker and Trade Platforms The broker and trading platform that you choose determines many things about your success. It is wise to invest more time in finding famous brokers and to find out about their policies. As a trader, you also need to know about trading on the free market and trading on an exchange-driven market. A good combination of brokers with good platforms is not easy to find but is the only way to get success in Forex trading. For that, you will have to choose the best broker that meets your needs. Here is 15 Best Ways To Choosing A Trusted Forex Broker - TopAsiaFX Calculate Expectations Hope is a formula used to calculate the reliability of your system. It is always recommended to calculate expectations to find out whether you and your trading on Forex are going in the right direction or not. Take your trade with profit and more with losses and make calculations to find out whether you profit and loss.
  14. Most Forex trading brokers usually go out of their way to lend funds to traders, allowing them to grow their investments. Traders have the freedom to determine how far they can go with minimal capital. Sometimes leverage in Forex trading works very well; at other times it can make your business breathless. All we can say is that it can be a double-edged sword. However, if you apply certain money management rules correctly, you can quickly avoid any risk, get large amounts of money, and increase your return on investment. What is leverage and how does it work? This involves traders borrowing money from their respective brokers to increase their profit margins. The fact that traders have this advantage is what makes the whole concept of Forex trading popular. In order for brokers to use leverage, there needs to be a minimum deposit on a trader's account, usually called a margin. Using the initial margin requirements, suave trade can build their investment to a higher scale. There is a simple formula that is used to calculate the initial margin. You only divide the total transaction value by the amount you want. This is a perfect example; You are asked to deposit 1% of the total transaction value as a margin. Your intention is to trade using a standard lot that is usually equivalent to $ 1000 000. In this case, the lot margin required is $ 1,000. You simply divide (100,000 / 1,000) which represents a ratio of 100: 1. This formula can be applied to other margin requirements to allow you to generate margin-based leverage. How Leverage Affects Forex Trading Basically, every margin-based leverage is only proportional to the maximum amount of leverage that traders can use. But what you also have to pay attention to is that real leverage can sometimes be different especially if a trader does not use their entire account as a margin for each of their transactions. The most experienced traders know how important it is not to use all of their margins available at that time. You can only do it when you know that the risk is almost down to zero. For example, a trader can easily determine the potential loss of funds by linking the number of risks that come with the number of pips available. The general rule is that every loss cannot exceed 3% of trading capital. In addition, leverage needs to be significantly reduced if the potential loss is predicted to be much higher based on a trading account. A trader who is just starting to be in the dark doesn't know the abundant risk of proper leverage. An example is if you decide to use all available leverage without considering the amount of money in your account. Simply put, non-anchored leverage can delete your trading account in an instant. You also need to consider the fact that the higher the leverage you take, the higher the transaction costs. So when you choose a broker, one of the most important things you need to pay attention to is what is the transaction cost for your trading capital. Can You Limit Risk? The answer is yes. You can implement various risk management rules and techniques to eliminate risk. As an example; You must be fully aware and ready to face all the risks that come with influence. You then need to consider how much you can take risks without having to burn your finger. Also check the amount charged as a transaction fee. This allows only for what you can afford when it comes to using it. Apply stop order rules that allow you to move stops so you can break even. Conclusion It is always important to calculate the risk based on what is available in your merchant account. Unused loans can easily eat your trading account to be negative. Basically, the only funds you can speculate on are the types of money that represent the type of risk you are prepared for. These are funds that you can lose without sacrificing your business, and overall finance.
  15. Forex trading now has become a common profession across the world. When it comes to Forex trading then you have to choose a Forex broker that meets your expectation. The regulations, commissions, platforms, minimums, and account fees are just some of the factors to consider when choosing a Forex and CFD broker online which you have to watch when choosing a broker. The foreign exchange market is the largest financial market in the world, with a turnover of over $ 4 trillion a day. Despite its enormous size, this market does not have a central exchange allowing traders to carry out their transactions. Instead, Forex traders must conduct their trading activities through an intermediary, the Forex broker. This shows the importance of the broker's role in the negotiation process. When it comes to choosing a regulated broker, traders literally have thousands of Forex brokers from which to choose on the internet. But the real question is how you can be sure the broker you have chosen is right for your business needs. To assist you in your broker selection process, we have prepared a guide with a list of key factors that you should consider when choosing a broker. Regulations The first thing to consider when selecting a broker is whether it is regulated by a competent regulator (to learn more about the regulation of Forex and CFD brokers). By doing business with a regulated dealer, you can be assured that they have met the operating standards set by the regulator. Some of these standard regulatory requirements include adequate capitalization and separate accounts to protect client funds. In addition, the regulation provides protection for the fund in the event of the company's insolvency and ensures that the broker meets rigorous standards as a financial service provider. Countries with financial regulatory agencies backed by strict enforcement include: Australia (ASIC) Eurozone (Mifid and local regulators) India (SEBI) Japan (FSA and JSDA) Switzerland (FINMA) UK (FCA) USA (CFTC and SEC) Trading platform and software Because the trading platform is your gateway to the marketplace, you want to make sure that the trading platform you use is reliable. Most brokers will offer traders a selection of trading platforms to choose from. Most of the time, trading platforms are provided by third-party trading solution providers such as MetaQuotes Software. Some brokers have also begun to develop their own trading platforms to try to differentiate themselves from other brokers in the industry. Often, these proprietary platforms are the best trading platforms because they are specifically designed by the broker's clientele. Nevertheless, a good broker should be able to provide a good selection of platforms. Indeed, some traders prefer to trade from the desktop and some traders prefer to trade from their smartphone. Additional features Examine the features offered by trading platforms. Do they come with: The complete package of cartography Wide range of technical indicators One-click trading on the trading platform Risk management tools such as stop loss order and leak stop. Although all these elements may seem innocuous at first, they will later play a crucial role in enabling you to experience a transparent and productive trading experience. But when it comes to choosing a platform, it's really a matter of personal choice. Most of these platforms will have the same basic functionality. The best way for you to find the platform that suits you is to try them with the demo account provided by the broker. For brokers who do not provide a demo account, they may not be newsworthy. Commissions and spreads This market, unlike other traditional financial markets, operates primarily on spreads rather than commissions. This is the reason why most brokers advertise that their services are without commission. So, how do brokers earn money? Simply, they earn by charging the traders. The spread is the difference between the purchase price and the selling price. For example, if the Bid & Ask price of the EUR / USD currency pair is 1.0875 / 1.0878, it means the spread is 3 pips. As a Forex trader, you will encounter 3 types of trading cost structures charged by a broker: Spread fixed - when the spread does not change and you know the amount of the spread before trading. Floating spread - This spread is variable and constantly varies according to the volatility of the market. Commission Fees - These are calculated as a percentage of the Broker Margin. You must be aware of the amount to pay before negotiating. As a general rule, for traders looking for transaction costs with certainty, fixed spreads will be favored. Traders looking to pay a smaller spread would prefer floating spreads. In the end, the best choice will depend on your specific business needs. The type of spread you will receive will depend to a large extent on the type of business model on which the broker operates. The business model of the broker During your search for a broker, you will encounter terms such as "STP", "ECN", "NDD" and "Market Maker". All of these terms are actually used to describe the business model used by the broker. So what do they all want to say? There are two main types of brokers: the trading desk and the non-trading office. Dealing Desk Forex or Market Maker traders process their clients' trading instructions through a trading desk within their company. A transaction broker takes the other side of the transaction, which means that when you open a position such as EUR / USD, the transaction will be executed by the broker and they will then be exposed to this transaction. Non-Dealing Desk A non-trading dealer (NDD) transfers the transaction directly to a third party. There are two types of NDD broker (ECN and STP). They are both essentially the link between you the trader and the market maker or the reseller. ECN With the first type (ECN) when you press "Buy" on your trading platform, your trading orders will be processed on the broker's computerized trading system and transmitted via the Electronic Communications Network (ECN) without a trading desk. the trading term "non-trading office" (NDD) comes from). STP With the second type of NDD broker, upon receiving your transaction orders, he will forward them directly to another party for execution by the market maker's trading desk. In this case, the broker is called Straight Through Processing (STP) broker. Forex brokers ECN and STP are both intermediaries to several trading desks or market managers in the global Forex market. Market makers or traders will transmit their prices to the ECN or a third-party liquidity provider with the volume for which the quotation is valid. Why is it important? The broker's business model is important because it will affect the type of spread you will receive and whether the spread will be fixed or variable. Forex Broker for Beginners For beginner traders, look for brokers with the following qualities: Comprehensive Educational Resources on Trading - Many brokers provide a variety of educational materials to help traders master their skills. These usually include webinars, videos, courses, guides, and articles. Unlimited access to the demo account for professional traders - most Forex brokers, if not all, provide demo-trading accounts to their clients. This is especially useful if you are new to the world of Forex trading or if you want to test a broker's platform before trading for real. User-friendly trading platform - there are a variety of trading platforms on the market, some more complex than others. As a novice trader, you do not need a complex platform with features like EA and complex trading strategies. This comes later, but you should now look for a quick and easy platform to grab. Forex Broker for Professionals For professional traders, their trading needs differ considerably from those of a novice trader. Generally, professional traders prefer brokers who can provide them with: Comprehensive Trading Tools - As a professional trader, you will now need several tools, including a commission calculator, an economic calendar and, of course, complex real-time charts to implement trading strategies. Strong leverage - not for sensitive souls, professionals will seek to use this leverage to multiply their capital. Leverage increases the risk and also increases the reward. Low spreads - if you trade a lot, you want to make sure your spreads do not eat away at your capital. It is important to check the spreads to pay before choosing a broker. In general, the higher the type of account you use, the lower your spreads. Forex broker for day trading Generally, for a day trader, most brokers will be able to meet their trading needs. However, given the shorter period with day traders, it is preferable that the broker be able to provide a range of different instruments for the day trader to look for trading opportunities. These may include a signal service, tools such as an economic calendar, updating market news and results reports. As you will probably place more trades in the short term, make sure you know the spreads before trading. Forex broker for Scalping Scalpers are traders who occupy their positions in the market for an extremely short period of time. Although they only hold a position in the market for a short period of time, the frequency of their transactions is higher than that of the average trader. Their goal is only to make a small profit on all the trades they do, spread over a large number of trades. Note that not all brokers allow scalping. As such, if you intend to trade as a scalper, you should always check with the broker that you intend to register if it allows scalping. Types of account The majority of the sector's foreign exchange brokers offer traders a selection of trading accounts to suit different traders' categories. Micro Account - The smallest trading account type is the Micro trading account where a transaction lot equals 1,000 units of the traded instrument. Mini Account - The following trading account type in the hierarchy is the Mini account where a lot represents 10,000 units. Standard Account - The standard account is a lot equal to 100,000 units. With Micro and Mini accounts, only a low minimum initial investment is required for you to start trading. With the standard account, although the minimum investment may vary from one broker to another, you will generally need more trading capital. Given the different minimum investments for each type of trading account, you must select the trading account corresponding to your investment capital. Customer service Most novice traders tend to forget to consider customer service when choosing the broker with which they will sign up. They may not realize the importance of customer service in their overall business experience. With customer service, it's not about whether you'll ever need their help, but about when you'll need their help. Because no matter the experience or the knowledge of a merchant, it will always be necessary to appeal to the customer service. At this point, you want to be able to contact the support team without any difficulty. It is therefore important to check whether the broker you intend to register with is able to provide you with reliable customer support. Check if there are multiple ways to contact customer support. Most brokers will provide their customers in several ways, such as email, live chat and phone, so their customers can contact customer support. Value-added services In a sector as competitive as online trading, some brokers will try to differentiate themselves from other brokers by offering additional value-added services such as free market analysis, news feeds and trading signals. Most of these value-added services are provided free of charge, but some brokers may require you to deposit a minimum amount before you can access these services. Questions to Ask the Broker How can I choose a broker? We are here to help with that! Check out our list above and choose the most appropriate broker for you. Should I choose a regulated broker? Yes, you should try to choose a regulated broker with whom to work. This guarantees recourse in the event of litigation or insolvency of your broker. Remember that by using a regulated broker, you will also have access to an investor compensation fund, which ensures your deposit up to a certain amount. What should I look for when selecting a broker? You should consider the range of platforms offered and even ideally test the platform you want to use. Take a look at the additional resources offered by this broker, for example. Signal service, educational tools, copy business. Finally, do not forget to inquire about spreads and types of accounts before depositing a deposit. Conclusion As noted above, many factors must be taken into account when choosing your broker. Nevertheless, with the help of this guide that we have provided, you should be able to see which broker is best suited to your needs. To further facilitate your search, we also conducted extensive reviews and verified each broker on our list of recommendations to ensure it met the required standards. Once you have found the right broker to work with, you can focus more on your trading activities and trade more confidently, increasing your chances of succeeding in the market.
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