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Found 10 results

  1. I have started trading for the last few months back say 8 months. When I was a beginner, I committed many mistakes and blew my account even once. Then I joined some free signal groups and believe me they are real scammers. Please don't follow them at all. I got some books and learned little fundamentals of the market. I trade for one month but could not book much profit. then I joined a paid signal provider but as they promised they will double my money and blah blah... They were also fake promisers. 2 months back I joined another signal provider named Hot Forex Signal which promised me 1200 pips, though I got 1200 pips bcoz of my work and all I am satisfied with their transparency and services. I had continued this time also. The only thing is they are more active in the London sessions. But they are reliable. Forex is a vast subject to learn and a great roller coaster for fun. I think everyone should try Forex once in life.
  2. One of the hidden truths behind profitable trading is to focus more to avoid losses than making profits. Not only at the beginning but you also have to always focus on avoiding unnecessary risks and losses. And, take my words this should be your main objective in order to build a successful trading career. Question: How the hell do I even do that? Answer: Stop-Loss orders are the smart solution that will be able to diminish your troubles. Besides, Stop-loss is used by numerous traders all across the globe. It prevents you from making haste decisions. And the next BEST thing? Your trades will be stopped on certain points which often saves you from HUGE losses. Because what’s there to say, " The Forex market is quite unpredictable". So, the stop-loss order can be referred to as a vastly essential trading asset for both experienced and new traders. From ForexCopier.com you should get a few advanced benefits: Ignore original order’s SL and TP. Set custom SL and TP for orders which are opened on Receiver account. Move SL and TP of copied order according to the difference between prices of initial and copied orders. Think of a stop-loss as an insurance policy: You hope you never have to use it, but it's good to know you have the protection should you need it.
  3. Forex trading is the act of speculating on financial price movements of currency, with the intention of earning a profit through them. Forex trading can also be done by using various technical indicators, which help in identifying changes in trends. Some of these indicators are referred to as fundamental indicators, while others refer to fundamental or technical analysis – but they all share the same purpose. For beginners, they would usually want to work with an expert broker like FP Markets before they begin trading. How to Analyze Forex Market There are many forex strategies you can use, but it takes a lot of training and experience to be successful in trading. Traders who prefer to rely on their technical skills can then place a sell order on a particular time to profit from the difference between the price at the time of purchase and the price at the time of sale. Here are four ways you can analyze the forex market when making a trade: Looking at Historical Data The most important thing to know about the technical analysis of forex is that it takes into consideration not only the current market trend but also past trends. Analysts use this information to predict what the market will do. These types of strategies involve looking back in time to predict the possible direction the market will take in and, therefore, predicting the exact time to place a particular trade. Looking at Patterns in the Current Market The next type of analysis used is to look at patterns in the currency markets. This type of forex trading involves analyzing and charting trends for specific currency pairs, which have been proven to increase the price of the currency over an extended period of time. If you look at trend patterns in the forex market, you will notice that there are certain cycles that happen throughout the year. For example, a trend is created when the price of the currency rises in the spring, drops in the summer, rebounds in the autumn, and then continues to rise through the winter and summer. Using Psychology of the Buyer The third type of analysis used by a successful forex trader is studying the psychology of the buyer. In the forex market, there are two personalities: bulls and bears. The bulls are the buyers and traders taking long positions when buying currency. Meanwhile, the bears are the sellers and their strategy is to sell the currency to suppress or drop the price. Looking at Technical Indicators The final type of analysis used is to learn about technical indicators. These are essentially numbers that are used in forex trading to help the trader make decisions. These kinds of indicators can show the movement of the market in terms of the price changes and the way in which it is trending. Summary It’s important to know that, like stock markets, forex markets are not risk-free. They involve the movement of one currency against another. The goal is to make a profit on each trade. If you want to profit from forex trading, you must be patient. As in any market, you cannot expect to make huge profits overnight. You need to take your time and do the research to determine which forex strategy will provide you with the best results.
  4. 10 000 FOREX EXPERS ADVISORS, INDICATORS AND BOOKS The most powerful methods, you ever find! 500 E-Books, 2 000 Expert Advisors, 7 500 Indicators, 125 Extra Stuff http://eaforexindicators.weebly.com
  5. Why is it important to demonstrate patience and discipline in trading Forex? Do you mean that you should be in the market "all the time?" Traders mostly professionals speak of patience in forex trade and think that patience is very necessary for the best Forex market, I want what is the primary reason that patience in foreign exchange trading is much needed and how we show patience in trading? Plz friends share your opinions.
  6. Welcome to the new topic "6 Professional Trading Tips That is Rocking The 2020 FX Market. " Starting a new year with the goal of expanding your portfolio is always a good thing. It doesn't matter whether you are investing in company shares, stocks, CFDs, or Forex. There's always room to learn a few tricks on how you can build a portfolio with a variety of assets. The main reason many people engage in Forex trading is that foreign currencies are always on demand. The foreign exchange market is currently the largest and the most liquid financial market in the world. It's highly lucrative, which is the reason many people are trading with Forex nowadays. Forex trading is also risky; that's why it is essential to know what you are getting into. Here are a few things to remember when trading Forex. 1. Platforms aren't Created Equal The platform you chose for Forex trading greatly determines your chances of succeeding. There are hundreds of platforms and trading software available online. Unfortunately, many people don't vet these platforms before committing to trade with them. Some Forex platforms you see online can't provide accurate Forex quotes, while others may include numerous ads that slow down the software. If you want to succeed in Forex trading, start on the right foot by signing up with a reliable platform such as the Saxo Capital Markets. Saxo markets is an award-winning Forex trading platform that has been in the market for 25 years. It has served over 800,000 customers over the years, and it allows you to trade major Forex pairs from 0.4 pips. 2. Adopt Multiple Strategies Many people fail in Forex trading because of adopting a single trading strategy. If you want to succeed in Forex trading, you have to do things differently. As an investor, you should learn multiple trading techniques such as position trading, scalping, day trading, among others. When you learn various trading techniques, you can easily adjust depending on the market demands. 3. Choose the Best Broker There are thousands of Forex brokers in the market today, and they aren't created equal. Many people choose to work with brokers, especially when they don't have enough time to keep tabs with the movements in the market. Therefore, it's critical to choose an experienced and reputable broker to trade on your behalf. As a rule of thumb, it would be wise to hire a registered broker than to trust your money to a non-regulated broker. Again, it's not wise to enter into contracts with foreign institutions. If possible, stick to Forex brokers from your country and make sure they have the relevant licenses. Licenses from overseas institutions may be worthless, considering they are in a different jurisdiction. Also, a better broker will provide you a lot of extra services such as they will give you strategies, latest news, Forex trading signals, etc. 4. Separate Emotions from Forex Trading Many investors make the mistake of getting carried away by emotions when trading Forex. For instance, an investor who lost money may have problems trusting their judgment while an individual who won a jackpot may become overconfident. When you lose your money, give yourself some time to process the information. Don't make the mistake of reacting in haste to make up for your losses. On the other hand, if you make some profits, don't get carried away by greed and be tempted to trade immediately. 5. Learn, Learn, and Learn Forex trading is constantly evolving. Therefore, you have to continuously educate yourself to keep up with the current trends. The Internet is a valuable source of information on Forex trading. Dig deep into the internet and learn about the existing trading tricks, factors affecting the Forex market, and how to manage risks when trading Forex. Every time you see a new opportunity, practice due diligence before you can embrace it. 6. Learn from Your Past Mistakes Trading Forex can bring numerous opportunities. However, it's also risky, and you may find yourself dealing with a considerable loss. Nearly every trading expert has experienced some loss while trading Forex. However, they quickly learned from their mistakes to become the best in the industry. If you want to have a successful career trading Forex, you must learn from your mistakes and those of other traders.
  7. Welcome to the new BLAST. Forex often referred to as FX or foreign exchange, is a global decentralized market for the trading of various currencies. The Forex market is the largest in the world, with trillions of dollars are traded every day. Once you choose a broker, whether it be on such an FP Markets broker or brokerage different choice, the next step is to create and fund a trading account. The following information will provide you with a clear expectation of what to expect (and what to do) in the minutes following the completion of these steps. Currencies are always traded in pairs, and it will be up to you to predict whether a currency will rise or fall at odds with each other. The GBP / USD, for example, measures the value of the pound against the US dollar. Currency pairs, as well as other assets, can trade as a CFD. Contracts for Difference contracts represent the price movements of various financial assets, such as currency pairs, commodities, cryptocurrencies, and more. Another important thing is don’t rely on random traders for trading strategies or signals. Always rely on the pros because they will provide you with the best Forex signals and strategies like pipswin. Will Go long or short? One of the advantages of contracts for the difference is that you can choose to either go long or short. Where the standard, traditional investment centers on buying and holding assets (you buy an investment, continue to the investment until the value goes up, and then sell it off at a later time for a price exceeding the price paid), different CFD trading. When trading CFDs with FP Markets, you can enter into trade ‘Buy’ or go long. This means that you have open positions with the expectation that the underlying asset value will climb and that you will be able to get out of position or sell at a higher price. There is also the potential for trade with the expectation that the value of certain underlying assets will decline in value. In this scenario, you will go to ‘Sell’ or go short. Here, you will close the position, buying back the contract at a reduced price. In doing this you will make a profit on the price difference. Regardless of whether you are trading with a long or short position, if your trade goes as planned and asset prices move in predictable directions, you will get the money. If the opposite happens and the market moves against you, you will take a loss. The benefit of this type of trading is that you can earn money from price movements in both directions and will not be limited only to get if the price increases. What About the leverage? Another benefit to Forex or CFD trading are leveraged. In conventional investments, your income is limited by the amount of money you have to invest. It’s quite simple, actually. If you have $ 1,000 to invest, you can buy up to $ 1,000 in assets. Nothing is free and no broker will give you more than you can afford. CFD or FX trading is leveraged trading, which means that you can trade using the amount of money that exceeds the total amount that you actually invested. For example, when trading with FP Markets, clients can access leverage up to 1: 500. This means that it is possible to stretch a deposit of up to 500 times the baseline value when trading. Sounds wonderful, doesn’t it? Well, it can. However, it is important to remember that both profits and losses can be magnified when leverage is being used. The level of the potential reward increases when leverage is used, but so does the level of potential losses. Avoid brokers who do not tell you that it is possible to lose more money when leverage is used. A reputable broker like FP Markets clear and upfront with clients when it comes to making the risks associated with trade is very clear. Last but not least, do not become aware of the costs associated with the trade. Forex brokers to profit from the spread so looks for a broker that offers low spreads. FP Markets is one example because they offer spreads starting from 0.1 pips and an average of 0.3 pips. Swap and commission fees are also relatively standard in the industry, so keep this in mind as well. Best traders are the traders prepared well, so make sure that you are really ready for them to draw the first five minutes! Good luck and Trade Safe.
  8. There is no doubt that the Forex forums are the best way to interact with other experienced and well-minded traders if you are struggling to achieve success. If you’ve visited a Forex forum, you would have noticed that you can interact with a wide range of traders and know the techniques they use to generate more profits. The reason why the Forex forums are useful is that they give you the opportunity to connect with fellow traders who are experiencing difficulties and concerns that you’re going through. Some of the main benefits of a Forex trading forum: You can learn from some experienced traders and become successful Hanging out in a Forex trading forum would give you an opportunity to learn from experienced traders and the strategies and the accurate Forex signals they use to get better results from trading. It will also help you identify problems without the need to experience it actually. In fact, there is no substitute for experience. In fact, it helps you to fast forward your learning and avoid costly mistakes. You will be able to get a clear understanding of Forex trading systems You will always find someone on the forum who openly speaks of a Forex trading software that introduces the newly created person or they ran into another place. Either way, you get to know new ways of trading and how these systems. You can then put them to use and benefit. The biggest advantage of learning from experienced traders is that you should never try and lose your hard-earned money. You can also use the forum to get feedback on your trading system/strategy expert If you have developed a new trading system or designed a new strategy, the Forex-forum is the best place to get feedback on the system or strategy. Expert and experienced traders share their experience with the system or usefulness of the strategy designed by you. This will help you to incorporate changes or improvements to your system or strategy. You stay up to date on what others are doing in the Forex world Being a member of a Forex forum could help you get an idea of what others in the field are, or at least to think in terms of doing. The idea is not to do whatever you take to learn but see for yourself if you agree with other Forex traders. You can catch up on the rumors that go around. Rumors making the rounds have an impact on market performance, even if they prove to be false. In general, the rumors are not from the forums but often end up there. If you visit a forum frequently, you’ll be able to catch up on the rumors that you happen to miss. Forex offers an opportunity for social interaction Forum In reality, the primary advantage of a Forex forum will connect and socialize with other traders. Forex trading could prove to be an isolated activity. Every trader is looking forward to a kind of social interaction once in a while. A Forex forum presents traders with a great place for social interaction. Here are some of the top Forex forums: Forex Factory Forum >> Forex Factory website was launched in the year 2004 and is designed to provide information to help traders succeed in the Forex market. According to Alexa, it is currently the related website Forex-most viewed. Forex factory forum also launched its website with the same year. Traders countries around the world interact on their forum, share ideas, teach, learn, debate, and exchange war stories. Insightful members provide support to the forum and follow a moderate philosophy that puts trade above all else. Other features and products offered by Forex Factory include the economic calendar (launched in September 2005) with an impact rating; News Section (launched in July 2007); Market Section (launched in September 2009) consisting of scanner, sessions, and graphics; Trade Explorer (launched in February 2011) an interface that allows traders to analyze their performance; And Trades (launched in December 2011) that includes the trading activity in real-time members who use trade explorer; and brokers (launched in May 2012) an Advanced Guide in search of regulated Forex brokers. DailyFX Forum >> DailyFX is the new free site and searches for FXCM. It provides news from around the world in favor of the currency trading community. Analysts report daily on the latest changes, provide technical analysis and careful consideration of promising training table with live Forex quotes. DailyFX also provides an analysis of market drivers and explanations regarding the economic, technical, and political factors that drive the market. DailyFX Forum is available in English, French, German, Italian, Japanese, Swedish, and Spanish, among others. It is certainly one of the most active forums. There are about 24 sub-forums in categories such as education and research analyst, Traders Lounge, trade the markets with our analysts, Forex education, FXCM Support Account, and the platforms of negotiation and trading automated. MT5 Forum >> This forum is for users of the most popular Metatrader forex trading platform. It offers users a chance to benefit from the expertise of the members of the community, centered around this platform. Despite the fact that it is a forum for users of the MT5 platform, the discussions on the most popular MT4 or MetaTrader 4 and in general on Forex trading are also encouraged. Forex TSD Forum >> Instead of displaying the categories on their home page, the forum brings all the latest and the most active discussions with links to sub-forums. This is very useful because it lowers the risk of traders displaying the question in the wrong sections and missed the comments of those concerned. The main strength of the Forex TSD forum is that it covers a number of niche areas, with trading MT4 sections and harmonic being the largest. Finally, Forex-forum plays a vital role in one’s trading career. With the help of a Forex forum, we can get many solutions for our problems and thanks to the experienced traders. So, which Forex forum you are using now? Please let me know.
  9. Has anybody traded the Forex Double in a Day technique where you double your account in a Day by adding lots to a winning position in a risk free basis? Here’s the link – http://expert4x.com/the-double-in-a-day-ea-and-technique/ There are over 60 examples submitted by over 40 independent traders of this happening in November on their free forum – looks very impressive. I would love to hear if anybody has any actual independent experience trading this risk management technique – it is really worth looking at. There is one trader on their forum that made 198% risking only 3% of his account on one trade. Most traders have made a 90% return on 1 trade – not bad for a free system. Your feedback will be appreciated :biggrin:

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