I’m a testimony of a successful trading with the help of Mrs Elisabetha. It took me months to discover a system that
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I am a newbie but now am confident and with little experience but making amazing profits.
The market which is highly volatile and large is the most popular market in the world and i.e. the Forex market. The market carries out trillions dollars’ worth transaction every day the whole world plays the part in the market. There are global networks including brokers, dealers, banks and financial market participants around the world. The proud nation of United Kingdom has the proven history in Forex market and there are many successful Forex traders too so the naïve traders you do have to learn the ways of forex trading so then you could become successful too. Also, the currencies which are being traded are subjected to many factors so that influence in currency value change and the factors are such as interest rate, government policy, inflation, import/exports, and employment rate and more. Although, there are many currencies to be traded the volatility is incredibly high. Let us see more about the world’s largest market of forex.
Characteristics of the professional trader
When you see the forex market you understand that it is not simple to come to a good position by trading, but when we say good position it’s the professional traders who have been working hard to be there. The professional traders have many ways to trade currencies such as by using strategies, techniques, and methods. Most of the professional traders in foreign exchange currency market have the habit of creating their own way. Whatsoever, any professional trader’s aim is to win as many trades as they can and obviously they do because of their skill and experience (Not always but mostly). They have the ability to trade the market edge and them highly skilled in analyzing and interpreting the charts by putting the odds in a positive manner. The professional trader’s forex trading is unique because it’s not automated so as the new traders you should follow them.
Trading the market technically
When a trader is involved in technical trading he or she needs to be involved in analyzing the market changes and price charts too. The technical forex traders are experts in deciding the good trades and bad trades by using the technical signals. They assume that the economic variables are the reasons for the changes in the price movements. As traders, you should understand that the market analyzing skill is the essential out of anything. So becoming a successful trader is easy if you are capable of analyzing the market.
Trading the market fundamentally
The market predictions are made on the market news when the traders trade the market fundamentally. The market news is the tool to drive the price changes but the traders should keep in mind that certain market news release will not be as predicted. There are two ways for forex trading but most of the traders combine both in order to trade forex.
Price action trading strategy
Price action trading strategy is considered to be one of the most profitable trading systems in the word. If you truly want to become a profitable trader in the forex market then make sure that you learn the basic candlestick pattern and use them to trade the key support and resistance level with proper risk management factors.
Does anyone else used Traderscolo? I haven’t been able to access the VPS since yesterday. I can’t get a reply from them. And now I’ve seen that the website shows blank. Doesn’t look very encouraging. The strange thing is that everything is working fine – the trades from simpletrader are going through. It’s a bit like the Mary Celeste! Are there any suggestions of a good, reliable VPS to replace it with (although it will be a problem to pull the plug on the EAs working on Traderscolo before replacing them on the new VPS)?
Successful traders are able to adapt any type of situation. Short term trading is very easy. Because you have to work in only one style. But in a long term trading and for long run success trader need to apply different strategy depend on the current situation. For that reason long term traders are needed free style broker who is able to do scalping, news trading, hedging etc. ECNCAPITAL.COM is the best broker for free style trading.
This is a thread I have been thinking about for years, but never got around to starting it. It is just focused on helping new traders to find something simple amongst IMO all the excessive bullpoo that exists out there, to try and battle thru when you are learning this rocket science. I will be posting with hopefully the help of some distinguished traders.
What this is not; This is not a get quick rich technique, go away if you are not prepared to put hard work in : )
Some Holy Grail technique, from Paul Tudor Jones level trader.
What this will be; A place to share some sensible ideas, hopefully I can learn from some of the other traders who will be posting, with an aim to focusing on one of the main intentions of this website, to get people profitable and give them a skill, teachin men and womans to fish!
Basically trader to trader varies how long they need to spend in forex market to do forex trading. Scalper need to spend more time than other traders. Scalper have to attach with the market all the time to know which moment is perfect to move. And also have to know which the best trading pair is. As I am a scalper I also need to update with the market. ECNCAPITAL.COM give me support with their mobile trading system.
Which is the best trading strategy, by your opinion? With which strategy you have had the most success? I know that there are a lot of
them, but I don`t know how to choose one.
A professional trader should trade with different trading pair. Because by trading with different trading pair they will understand the forex market clearly. To understand the move of trading pairs in the market trader must analyze the market with the help of best broker in the market. ECNCAPITAL.COM helps me to understand the market trends and patterns to select my trading pair. They also suggest me the major trading pair for my trading.
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this forum is educating. Nice one guys
Understanding with broker is very important for a successful forex trading. I am glad that I understand my broker clearly. Broker is not only important for forex trading but also one required a broker for binary trading. But binary trading broker and forex trading broker are not same. My forex trading broker is ECNCAPITAL.COM. For me it is the most secure trading platform. It also helps their new trader by giving time to time training support.
Traders always need to keep in mind that which business has less barrier and very profitable is also full of risk. Because huge people are interested to do this kind of business. But a big numbers of scammers are also involved in this type business. Because in this type market huge traffic are involved. So the traders have to choose their broker very wisely. Mu trading partner is ECNCAPITAL.COM. They always ensure a comfortable trading environment for me.
A broker plays very important role in forex trading. Trader cannot start their trading without a broker. Because broker work as trading platform to their trader. If trader select a good broker their trading life will be profitable and easy to go ahead. And if a trader select a wrong broker trader can lose everything only because of his broker. I have selected my broker ECNCAPITAL.COM considering their security and regulated trading platform.
Calculation can get out the result of whether a trader is gaining or getting loss in their business. Calculation is one on the base of how much is adding in a traders account or how much it deducted from a traders account. The more it added the more trader get profit. On the other hand the more it deducted the more trader is getting loss. Trading with ECNCAPITAL.COM is always profitable for me.