Discussions among the group Forex Trading FAQ Circle

Why do investors choose to do foreign exchange?

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Many people are speculating in stocks, buying securities and so on. Foreign exchange investment, as a new investment variety that has recently entered thousands of households, has been accepted and recognized by the general public in Shanghai, Shenzhen, Beijing and other central and frontier cities, and has gradually entered large and medium-sized cities in the inland, and is well known by residents. and favored. It has become another hot investment topic after stocks and real estate. Why foreig

How do novice foreign exchange traders pass the initial stage calmly?

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Most novice traders start out hoping to make a lot of money in the markets, and while this can be very motivating, it's best to learn how not to lose money rather than trying to make a quick buck. It is a fact in the industry that a large number of novice traders fail and quit trading within two years. However, there are also those who start their trading careers on the right footing after going through a long learning process. In this issue, we mainly talk about why most novice traders fail, a

How to become a successful part-time foreign exchange trader?

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Part-time forex trading can be a great way to increase your income. Even if you have a full-time or part-time job, you have plenty of time to trade in this lucrative potential market. In this article, we outline some techniques to help you get there. The key to success in forex trading The key to success in the forex market is to focus on trading the currency pairs that apply to you and use strategies that don't require 24/7 monitoring. An automated trading platform may be the best way to achiev

Foreign Exchange Arbitrage Trading (Part 1)

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picture There is a trading strategy that makes money if the price stays the same for a long time. do you know? This is one of the most popular ways to make money and is employed by many of the biggest and baddest money managers in finance! It is the "arbitrage trade". What is arbitrage trading? Carry trading refers to borrowing or selling financial instruments with lower interest rates and using them to buy financial instruments with higher interest rates. Earn higher interest on bought financia

Create your own forex trading system

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After learning how to create your own forex trading plan and identifying what kind of forex trader you are, it's time to create your own trading system. How to Create a Mechanical Trading System So far we've covered how to develop your trading plan, and we've discussed the importance of discovering what kind of trader you are. Now, it's time to teach you how to enrich your simple trading plan by creating a foreign exchange trading system. More specifically, we will teach you to create a Forex m

Do you want to simulate trading?

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Almost all forex brokers offer you the opportunity to practice trading, but many experienced traders will tell you not to. Even if you have a small amount of capital at the beginning, but you have real money when trading, and you lose all your money one day, in the long run, it will be beneficial to develop your trading habits. why? Because paper trading builds bad trading habits. Maybe only 1 in 100 people can effectively use paper trading to build good trading habits, but unfortunately that is

Origin and Development: How Forex Trading Developed from Ancient to Modern Times?

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The foreign exchange market (Forex, FX or currency market for short) is a financial market scattered around the world for trading currencies. Except for Saturdays, Sundays and major holidays in the country where the trading center is located, financial centers around the world operate in turn according to their location, enabling the foreign exchange market to trade various currencies 24 hours a day. The foreign exchange industry has a very "heavy" history, and it is still an unparalleled financ

Signs that trading is taking over your life

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Whether you like it or not, spending a lot of time in the markets is bound to take over certain areas of your life, and that's not necessarily a bad thing. How many times have you had this experience? will automatically consider the worst case As traders, we are used to anticipating potential factors that could invalidate a trading idea. Before entering a position, we usually look to see if there are events that may cause the price to move against our expectations, so that we can adopt an approp

The Domino Effect in Forex Trading

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The author of this article is a forex trading company serving retail forex traders. what is domino effect The basic description of the domino effect is that one or two currency pairs in a currency group first move in either of two trading sessions, and then the remaining currency pairs in the same currency group follow in the same direction. In the same currency group, the remaining currency pairs will follow in the next trading session or trading day. When the first currency pair moves, it is l

In-depth understanding of foreign exchange trading liquidity, why is it important for traders?

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One of the first advantages that a trader may encounter when starting out in forex trading is that the forex market offers more liquidity than other markets. The liquidity of foreign exchange can facilitate transactions, making the foreign exchange market popular with traders. After all, in order to ensure liquidity, investors need to consider certain variables in the foreign exchange market. We will explain the concept and characteristics of foreign exchange liquidity and liquidity risk, and fi

Should you add to your profit and loss trades?

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If you plan to add "addition" to your foreign exchange trading skills, you should at least be aware that adding positions for profit and loss transactions may have an impact on your trading psychology. Adding positions to open foreign exchange transactions is an advanced trading technique that, while potentially risky if done incorrectly, can also multiply profits. But like other aspects of trading, this technique can have strong psychological effects that can hinder your trading performance. A

Foreign exchange terminology that investors must learn (basic articles)

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What does spread mean? What do open positions and positions mean? When your friends ask you for foreign exchange related knowledge, if you can’t answer the above questions, it will be very embarrassing. As a foreign exchange investor, you must learn some specific technical terms before entering the foreign exchange market. This is like when we study classical Chinese, we must understand the most basic concepts of the text before we can understand the text. There are many professional terms invol

Trading Strategies for Freelance Forex Traders

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picture Very few people are able to trade forex full-time. Traders who must trade at work, over lunch, or in the evening find that trading sporadically for a small part of the day in such a liquid market can miss out on buying and selling opportunities. These missed opportunities can spell disaster for the freelance trader. Despite the risk of missing out, there are still some strategies that freelance traders can employ. For example, traders who trade overnight may be limited in the types of cu

Trading Education - Hidden Conflicts of Interest That Need Regulation?

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picture Shouldn't someone who addresses a retail customer audience and encourages them to pay? next jordan belfort I think we all know this scenario: There are people on stage, trying to convince the audience that they are just a few steps away from making a lifestyle change, either a second income or giving up their full-time job. They might say, "Look at the Ferrari on my right, you can have it too. Look at the Rolex I'm wearing, or the Montblanc pen I'm holding, you can have it too, just go

Key Questions to Consider Before Starting a Forex Business Globally

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Cross-border foreign exchange business is easier said than done Is your foreign exchange business thriving in the destination country? It will be successful in other countries too, right? In most cases, yes. But there's a good chance it won't be an international success. Cross-border foreign exchange business is easier said than done. New markets bring new challenges, so it's important for CEOs and top company executives to carefully consider their options before entering new geographies. Have

How to judge whether a foreign exchange platform is safe! ? (Investors must see)

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It’s another commonplace topic. Since everyone wants to make money in foreign exchange, the safety of funds means the formality of the platform is the day before yesterday. It's all floating clouds, there will always be a day when you can't eat enough to go around, and when that day comes, you will ask the prophecy again, how to recover your funds, I really can't do anything, after so many years of foreign exchange, the prophecy dare to say confidently, when you encounter I have experienced loss

What exactly is a carry trade?

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Carry trading is considered an advanced level of technology in foreign exchange trading, and cannot be regarded as a preliminary category of basic foreign exchange knowledge. We also mentioned the carry trade before, which is defined as borrowing or selling a financial instrument at a low interest rate, and then using the financial instrument to buy a financial instrument with a higher interest rate. While the financial instrument is paying a low interest rate, you are earning a higher interest

How do investors choose a suitable brokerage model, and what are the essential differences between MM, STP, and ECN?

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There are many foreign exchange brokers in any active foreign exchange market), known as (Exchange Dealer) in the United States, just like the role of brokers in the stock market, foreign exchange brokers (Brokers) only act as intermediaries (Intermediaries) in the foreign exchange market The role of the company is to earn commissions, and its main task is to provide accurate and rapid transaction information to facilitate the smooth progress of foreign exchange transactions, and to negotiate ex

Stay away from the trap of foreign exchange funds! This article takes you into a financial scam

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In the past two days, the news about "foreign exchange funds" has blown up the foreign exchange circle. Among the participants, there are veteran fund managers who have joined with the system and team for many years, and there are also fresh blood who have just been brought into the industry and have not met late. However, the final outcome is nothing more than a game of beating drums and passing flowers, losing everything. As the financial industry becomes more and more developed, the forms of

How to Make a Forex Trading Schedule

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Many first-time forex traders hit the market. They watch the various economic calendars, greedily trade every data release, and view the forex market, which operates 24 hours a day, 5 days a week, as a convenient way to trade around the clock. Not only can this strategy drain a trader's bankroll quickly, but it can break even the hardiest of traders. Unlike Wall Street, which operates during normal office hours, the forex market operates during normal office hours in 4 different regions of the w