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fxfarmerashik

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About fxfarmerashik

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  • Birthday 11/20/1988

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    ashik...93
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    https://www.topasiafx.com/

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    Forex Trading, Technical Analysis, Market Observe, Day Trading
  1. 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
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. When it comes to creating a forecast, you have to take into account the percentage of statements in central bank monetary policy. These statements define the tone of the long-term currencies with the fluctuations of the prices given per day and the adjustments of the volatility according to the main trend creates a new risk. That being said, I’ll now review the monetary policy statement of the largest economy and tell you how it will affect the foreign exchange market. US Dollars The US Federal Reserve has continued to influence the US dollar interest rate since 2018. The interest rate has been raised four times recently. It is helpful to drive the dollars to new highs against a basket of currencies this year. There was some volatility in the dollar. The interest rate has not been as steady as expected. Performance over the last ten years has reached a multi-year high of 3.25%. It contributed to the dollar's rise, but this return was reduced to 2.75%. Last year, the Fed raised rates with a healthy economy. The central bank hinted in the latest monetary policy statement that will pause another rate hike in 2019. It will not do so until economic data confirm it. Current pricing trends do not increase the rates of the Federal Reserve. If this assessment is true, trading will continue at 2.75% benchmark. The US dollar-dominated forex currency pairs. But it is important that you learn the basics of forex before trying your luck. New Zealand Dollar Last November's monetary policy statement, the Reserve Bank of New Zealand maintained its official castrate rate at a constant rate of 1.75%. The RBNZ governor, Orr, said the central bank intended to maintain it throughout this year. OCR will be an expansionary level for a considerable period of time, will help maximize sustainable employment and maintain low and stable inflation. There will be risks associated with growth and protection against inflation. The timing and direction of the movement will depend on the data. Major consumers remain below 2% at mid-term. The need to continue a supportive monetary policy. The political meeting, oil prices plunged US Treasury yields. They fell with the stock prices. The New Zealand GDP was below expectations. Still, it's a wearable market for Forex traders. Several regulated brokers offer excellent packages in New Zealand dollars. Find a good pair and start trading. But you must make sure that you are investing with the right trader. To do your research, visit a Forex Broker review to compare forex brokers. Australian dollar The Reserve Bank of Australia maintained its official rate at 1.5%. It's a historic low. The low level of interest continues to support the Australian economy. The continuation of the process reduces unemployment and the goal of returning inflation is expected. The process is slow, but they take all the available information. The jury that judged this decision did not change position. The meeting aimed for sustainable growth and achieved the corresponding inflation target. Inflation has remained stable and weak. Initiation to the CPI was 1.9, but in fundamental terms, it rose to 1.75%. We do not know how that will change in the future, but it will remain positive in 2019. The RBA is a little optimistic about rising inflation. Consumer spending and the weak housing sector will limit the interest rate. If RBA does not move, it will be a rate cut. Japanese Yen Japanese policymakers disagree on the feasibility of allowing bond yields. It will go to the goal of zero percent. This will reflect division within the board on how to deal with the growing difficulties of prolonged easing. Decision makers have predicted a collapse and we are seeing the results now. Efforts are being made to make the Japanese yen attractive, but USD / JPY is not the right pair it was before. So, this was some information regarding how will the world's largest economies affect the Forex market. Do you find it helpful?
  9. Forex Trading has now become a common profession for many peoples all over the world and Forex brokers play an extremely important part in Forex online trading. Many trades don’t know how to choose the best broker for them. So, today I’ll be discussing some awesome ways step by step. So, before choose, any broker, just read the guide. Therefore without wasting any time let’s get straight to the points. Step 1: Consider your trading style Your preferred trading style or strategy can help you determine the best broker for you. What typically distinguishes your different trading styles is the length of time you hold a position, the trading frequency, and the way in which the inputs and outputs are accounted for. This is SIMPLE and it works. Trading styles also tend to fall into two broad categories: intraday trading or position trading. If you are a long-term trader and you trade relatively infrequently, you can select a broker with a wide range of assets and excellent information and educational offers. You may not need to choose one with the tightest trading spreads since you do not trade as often. In addition, traders who are very active in the short term are much more sensitive to the management of spreading widths. In addition, if you plan to use stop-loss orders frequently, skidding orders can make a significant difference to your bottom line as an active trader. Choose a broker with guaranteed orders to avoid this problem. Another factor of trading style might involve choosing a broker with negative balance protection. If you intend to put your account at risk, avoid situations where a negative balance could put you in debt if a trading position takes you far away. So, you should be CAREFUL about it. The most common trading styles are listed below – Scalping This very short-term active trading style involves rapid market entry and exit in order to make small profits. Scalpers need brokers offering the tightest trading spreads possible. Day trading This intraday style involves the closing of all positions at the end of your trading day. While this style can encompass a wide variety of strategies and business plans, you avoid the added risk of holding overnight positions. Most active day traders benefit from a broker with tight trading spreads. Swing Trading The goal of this momentum trading style is to buy low and sell high, whether you need to keep overnight or close overnight. Alternative traders often use technical indicators such as the Relative Strength Index (RSI) to signal when the exchange rates are oversold or overbought and may move in the opposite direction. They can also use the support levels to buy in advance and the resistance levels to sell in advance. Because they tend to trade less often, alternative traders do not need the tightest trading spreads from their broker but must be able to maintain overnight positions. News Trading This set of fundamentally based trading strategies generally involves taking advantage of the volatility that press releases can create in the foreign exchange market. Most trading information positions are taken intraday immediately before and after press release events. Trend Trading You can take advantage of the directional movements extended in the currency markets and generate impressive returns with trend trading. Trend traders use quotation marks to protect their accumulated profits. Trading spreads are rarely a problem for this type of trader because they rarely go outside the market. Carry Trading This long-term trading style involves capturing interest rate differences between two currencies by choosing a high-yield, short-term currency for a lower-yielding currency. They also like to receive foreign exchange gains. This style of trading is not very sensitive to bid/offer spreads but requires an attractive roll out or swap pricing. Step 2: Make a list of the features you need A quick overview of the services provided by any subset of companies offering online brokerage services will convince you that not all Forex brokers are comparable or regulated. Therefore, make sure that all the brokers with whom you decide to create a partnership provide a safe place for your security deposit and offer the specific services you need for your preferred trading style. Broker type, commissions, and spreads Market maker brokers tend to have wider spreads and no commission, while brokers offering access to the electronic communications network (ECN) tend to have very tight spreads and charge a commission. Regulatory oversight To ensure the safety of your deposit and the fact that you are treated fairly by a broker, it should be supervised by a major regulator. US-based exchange dealers should be regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). Website and customer services Make sure the broker’s site is available in the language of your choice and that their customer service offers the kind of support you need. Most brokers provide access to support staff by telephone, live chat, and email. Market Analysis and Learning Materials If you are a new trader, it can be very useful to get good quality teaching material from the broker. Many traders, regardless of their skill level, will also appreciate a high-quality market analysis that will give them new ideas. Online Trading Platform Be sure to look over a broker’s software to see if you can easily use it and that it fulfills all your requirements. You might look for the popular MetaTrader 4 or 5 platforms from SGT markets. Step 3: Think about your budget An important practical aspect of Forex trading and the choice of a broker is to take into account your budget. For example, check if the trading spreads, fees, and commissions (if any) charged by a broker are appropriate for your preferred trading style. More active traders will want to choose brokers with lower transaction costs that can add up over time and have a negative impact on your bottom line. In addition, make sure you have enough funds to meet the minimum margin requirement of the broker you would most like to do business with or plan to choose from. Ask each broker what their minimum deposit is in order to budget this amount or choose another broker. Some brokers will allow you to open startup accounts with a minimum of money originally deposited, sometimes with as little as $ 25. Some brokers may need up to $ 10,000 to deposit so you can use it as a margin to secure the transactions you decide to make. Step 4: Choose your broker Once you have selected the best Forex broker for your particular needs, visit the official website of this broker and complete an online form to get started. All brokers can perform a verification of your identity and location before opening an account and accepting your initial margin deposit. The completion of this step may take a few days before you can start trading live. In the meantime, open a demo account, then download and start practicing using the broker’s trading platform if you do not already know how to exploit it. You will also want the broker’s mobile app to be installed on your smartphone or tablet. Last thoughts The choice of an online Forex broker for currency pair trading is relatively easy nowadays, given the many choices currently available, although US-based traders have a smaller choice because of the protections. local regulations. Once you have chosen a reputable broker, contact him directly to open an account. So was it helpful? And if you have any topics in mind that you want me to cover related Forex or Cryptocurrency then please let me know.
  10. Hello everyone, many of you may not know the term "no deposit bonus" on the foreign exchange market. So today, I will discuss some important facts of the no deposit Forex bonus. What is a no deposit bonus? No Deposit Forex bonuses are promotional bonuses that are often used by regulated Forex brokers to attract new customers who want to test their services. This type of bonus gives you a great opportunity to try out broker systems and services without spending a dime. The Forex No Deposit Bonus account is the same as a regular account because you can enjoy the same experience with a regular trading account. In addition, the implementation of the no deposit Forex bonus is the same as on a direct Forex account. Thus, no deposit Forex bonus is a safe way to start Forex trading. Forex traders generally offer a Forex deposit bonus of between $ 5 and $ 100. When you visit this online broker website, you can find promotion of a deposit bonus deposited and updated regularly. What you need to know about no deposit bonuses Forex If you are new to the world of Forex trading, then a no deposit bonus on Forex is a great opportunity to use it. As we mentioned earlier, some brokers regularly provide this special bonus. Thanks to the agreement on no-deposit Forex bonuses, a real Forex trading account is assigned to allow you to start trading in the money market without jeopardizing your own money. Of course, no broker will give you free money. There are therefore a number of conditions for all No Deposit Bonus promotions that you must carefully follow in order to withdraw the profit or bonus you make when trading. Unless the minimum trading volume is reached, the trader can not withdraw the Forex deposit without investing. This is one of the most important conditions that most brokers pursue. Traders can not simply withdraw bonuses without fulfilling certain conditions, such as volume and trading times. There can also be a maximum amount of Forex profit that traders can withdraw if they have not funded their own account. Traders need to understand their Forex trading experience at the micro level without the Forex Deposit Bonus. This may actually be different from Forex trading on larger and larger portfolios as the risk involved is greater. Good trading account management without Bonus Bonus The bonus certainly requires several strategies. The Forex market is a globally decentralized market for Forex trading. The main players in the Forex market are probably the main multinational banking institutions. Banking institutions act as anchors to trade regularly with different types of traders. Compare with the stock market where there is a daily turnover and then it's easy to see why the Forex market is the most important financial market in the world. Basically, Forex is considered an act of buying a currency when you sell another currency at the same time, mainly related to speculation or rumors. The value of currencies continues to rise, but it can also depreciate (decline) because of many variables involving the economy and geopolitics. The general objective of trading the deposit bonus is to make a profit while observing these variations. Traders must regularly guess the evolution of Forex exchange rates in the near future. However, in some cases, trading volumes are below standard values, which may help to broaden the market distribution. Unlike most financial markets, the true free market of Forex has no place for business or perhaps the main market, because it is traded throughout the day thanks to the global participation of companies, companies banking institutions and individuals. In addition, there are profitable offers for potential customers to engage traders to benefit their organization. That's why the Forex deposit bonus offer is becoming more and more popular. To get a Forex no deposit bonus, simply create a Forex account and provide personal information. This usually includes downloading your address and some other relevant details. Once approved, they will deposit money into your account, which will serve as an initial bonus for your new trading account. The level of this agreement is for the most part quite interesting. The no deposit Forex bonus is highly recommended because you can start trading once you join your broker team and evaluate the system as you learn everything. Some brokers provide this agreement primarily to promote their business and to get as many customers as possible. A quick Google search can give you a list of no deposit Forex bonuses. The next step is to read the terms and conditions, as not all brokerage companies will allow people from different countries to join their team. So here are some important facts about the no deposit bonus on Forex. And if you agree with my opinions, then please let me know.
  11. Hello guys, trading on Forex has become a great job for many people. Every day, many new traders join. Many traders want to know more about the types of Forex deposit bonuses. So, today, I will discuss it. Therefore, let's start. The first question to ask each new trader is: what the heck is the Forex deposit bonus, how does it work, how can I get it, and so on? Here are the deets. What is a Forex deposit bonus? After opening an account directly on the Forex broker's website, you will try to take a risk lower than your capital: there is a Forex deposit bonus. It means increasing the trading capital to exchange more easily. Usually, your first deposit takes between 10% and 100%, although some brokers allow no time limit for deposits. They will give you a balance on your account. Not instantly, they will ask you to verify your current identity and location by providing documents. This campaign is often triggered by novice traders and those who decide to invest and try their luck on Forex. At their request, brokerages offer attractive deposit bonus campaigns to attract new customers. There are thousands of brokers in the world today, so you must carefully choose one of them. TopAsiaFX - Provides you with accurate comparisons and in-depth analysis of leading Forex brokers You will wonder after seeing the 500% bonus deposit offer. In general, this will interest you. The bad thing is that many traders do not know how to choose bonuses. The larger volume of bonuses makes them more interested than the final calculation. In fact, big numbers are not important in Forex trading promotions. Forex intelligent and attentive traders want to read the terms and conditions before opening their account. Because sometimes you succeed in trading but the broker will not let you make a withdrawal. So how does it work? The problem is not so simple, you make a deposit by any means of payment accepted and they add it to the balance of the account. They could ask for an audit. Before submitting a bonus - you have to prepare several things You have a valid photo or passport identity Bank statement or water bill or any type of electricity bill proving the place of residence Secure your personal email address Exchange and secure phone numbers Find out which type of account qualifies for the deposit bonus offer You must read the terms and conditions of the campaign, not be diverted because of the excitement If you are ready to answer all these requirements, send an email to a contact or chat with him via live chat support, if available. After opening an account, the broker may assign a third party to manage your account. If you already have an e-mail or phone call from an account manager, you can limit the problem. After a few hours, a deposit bonus will be added to your account. For any problem, you are free to talk to them. Type of deposit bonus In a general concept, you will download funds on them, they will increase the percentage of the amount of equity that you invest. But, there are also truths. Let's go check - Only the first time This promotion is available once after opening an account with a broker. Often, this type of promo limits the time and location. Before bidding for the first time, you must check the requirements if it suits you. High bonus margin Not for beginners or new traders, only available for high margin traders. Brokers generally offer it only to their loyal and VIP customers. After days of successful business relations, it is the brokers' assistance, who both benefit from this campaign. % Of normal bonus for each deposit Some brokers still offer a Forex deposit bonus to their clients on their investment. Traders who have found their favorite broker - a regular Forex deposit bonus is good for them. So, it was certain types of deposit bonuses. And please tell me if you want me to cover any topic for you.
  12. Hi guys, algorithmic trading or automated trading has changed the trading systems. Now, with automated trading, a trader can earn more profits in less time. Today, I will discuss some benefits of algorithmic trading. Therefore, without wasting time, let's start. Algorithmic trading (also called automated trading, trading in a black box or algo trading) uses a computer program that follows a set of instructions (algorithms) to exchange. Trade, in theory, can generate profits at a speed and frequency impossible for human traders. The instruction set is defined according to any time, price, quantity or mathematical model. In addition to profit opportunities for traders, automated trading makes the market more liquid and trading more systematic, despite the impact of human emotions on trading activities. Benefits of trading algorithms Automated trading offers the following advantages: The trade is executed at the best price. The placement of trading orders is instant and precise (there is a possibility of high execution at the desired level). The trade is timed correctly and directly to avoid significant price changes. Reduce transaction costs Automatic controls simultaneously on various market conditions. Reduce the risk of manual errors when placing trades. Algo-trading can be retested using historical and real-time data available to see if it is a viable trading strategy. Reduce the possibility of mistakes made by human traders on the basis of emotional and psychological factors. Algo-trading is used in various forms of trading and investing activities, including: Investors or medium and long-term buying companies - pension funds, mutual funds, insurance companies - use Algo to buy large quantities of stocks when they do not want to influence the price of the shares by investing separately. Short-term traders and sellers - market makers (such as brokerages), speculators and arbitrage - benefit from the automatic execution of trades; In addition, algo trading helps to create sufficient liquidity for sellers in the market. Systematic traders - trend followers, hedge funds or two-way traders (neutral trading strategies that combine long positions with short positions in pairs of highly correlated instruments, such as two stocks, traded funds exchange (ETF) or currencies) effective to schedule their trading rules and let the trading program automatically. Algorithmic trading provides a more systematic approach to active trading than intuition-based or trader-based instincts.
  13. Hi guys, automated trading or algorithmic trading is a gift of modern science. Algorithmic or automated trading using Artificial Intelligence (AI) technology can undoubtedly be very useful for detecting market signals. Because of this, traders become more profitable in less time. But the question is: can automated trading or algorithmic trading beat a human trader? So today, I am going to write about this topic. Therefore, without wasting time, let's start. First, it is worth mentioning that Wall Street relies heavily on algorithmic trading, especially in the stock market. However, do not forget the important aspects - the entire AI (artificial intelligence) -based negotiation process - involving large sums of money - is ultimately traced by humans, who act as supervisors at different stages and in different periods. While it is true that human factors control all markets, many institutional investors prefer to implement several automated trading tools to reduce the risks associated with emotions. Automated trading conquers the stock market in real terms, but this is the problem: this concept can be applied to institutional investors with long-term goals. Daily traders and even swing traders have to be somewhat skeptical about the idea that it's possible to organize multiple apps and sleep, because the money will flow. The concept of passive income seems interesting, but active trading requires a lot of involvement and even pressure, especially for beginners. Let's compare the daily negotiation process with problem solving - no systematic approach has been determined for a given problem. If it is a calculation problem with many limitations, the AI will solve it according to a predetermined set. However, the weakness of AI is that it will not be able to build the whole context of the problem - it will not understand that restrictions are restrictions. Artificial intelligence may be ideal for automating multiple processes, but it can not realize the context in the same way that it can not realize itself - we are far from singularity, are we? Humans are very good at understanding the context of different scenarios and how they can affect certain markets or assets. Context is not an intellectual problem but an emotional problem and, as we all know, all markets are ultimately motivated by emotions. If you take the time and look around, you will easily notice that we are constantly dealing with people in the world who are by definition spontaneous and unpredictable. So the context of different things always changes. Machine learning and artificial intelligence usually apply to large data sets, which involve an extraordinary amount of information. Although this may help traders to identify market signals based on programmed sets and those established among a large number of financial instruments. It is important to understand that the relationship between these instruments is changing and that IA is not always precise, even to find good entry points. , not to mention the active trade. In addition, some AI-based models may work well during certain market cycles, but they will eventually fail at the end of the cycle. The stock market is known for its volatility, internal variety and spontaneity. This is why it is quite difficult to configure the AI to apply a set of features to two or more different titles. Nobody denies the fact that there are strong correlations, but the situation becomes tricky when the context is not understood. The AI-based model could perhaps explain and analyze perfectly the behavior of a stock while avoiding to do the same thing with the other stock. This is actually what happened to the Black - Scholes model. The formula was implemented in the late 1960s by Fischer Black and Myron Scholes, who created an investment company on the model they had developed. This has worked well until market conditions change and they lose a considerable share of investor funds. Note that this example is about the investment world, but with regard to day trading, things are even more difficult because of the short-term volatility. So, do you agree with my opinions on this topic? And let me know if you want me to cover everything for you.
  14. fxfarmerashik

    thanks all for your frank opinions
  15. fxfarmerashik

    Today I will be talking about that exactly how Bitcoin works. So, without any further discussion, Let's start, Now it's time to enlighten how this system works. Bitcoin is owned by people who are completely unidentified. So you won't find a name, number, or National Insurance number to identify the owner of each bitcoin. The main attraction for cryptocurrency investors is its anonymity. Bitcoin is considered the best cryptocurrency in modern times because it uses blockchain and cryptographic technology to forge relationships between bitcoin buyers and sellers. Every transaction demands a transfer of value between the electronic wallet and the transaction is recorded on the blockchain. The electronic wallet is equipped with a private key that is used to digitally sign each transaction so there is unmistakable evidence available to the owner of the electronic wallet. This process is very dependent on high-power computers created to solve difficult mathematical problems that become more difficult to solve as they develop. Every time a problem is resolved, one bitcoin block is processed and as a result, the miner who successfully receives the new bitcoin. I would really love to hear what do you think about my opinions and let me know if you have any topics that you want me to cover.
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