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Why Choose Super EZ Forex Trading?
There are many trading systems and Gurus that claim to can make you rich overnight. But aren’t you tired of wasting your money on systems that lack results, Gurus who show off what they supposedly bought with their forex money (although a lot of what they show is just rented items) and signal services that has the results of a fool who knows nothing about trading at all. I have struggled with all of this foolishness and decided to spend over 4 years developing a trading system and style with proven live results as posted on our social media outlets. I originally set out to create a simple system to teach to my wife and children so they could know how to make money at will. However, after sharing my system with a few friends and my pastor, people who knew nothing about trading could know “EXACTLY” how to trade in minutes by matching up a few colors and becoming profitable.
So, after learning our system which should take you less than 20minutes, you will have the tools and skill set to teach to your own children as I did.
This system includes weekly training and conversations from the SuperEZForex Family.... this is the real value of your purchase. The purchase price is $ 299 plus sate tax.... a steal in 2019.
By Musa Rupert
We have developed an automated forex robot that is historically accurate, producing excellent results in back testing. This unique automated forex robot has been very consistent for 8 years of back testing in the MetaTrader 4 strategy tester. It does not use martingale, grids or hedging and runs on the EURUSD currency pair 1 minute chart. For results and more info about this EA check it out on http://bit.ly/2YQih61
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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.
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
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.
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.
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.