It’s easy to win in Forex … really? This question has two answers.
One: when operating in a demo account is very easy to win.
Two: when operating in a real account is more difficult.
In principle, operate with real money is a most difficult task to operate in a test platform.
And why the difference? (more…)
Currency trading can be found in many different ways: from friends, read in the press and hear on television, etc. For newcomers to the Forex, we suggest some basic rules of trading. Follow all the recommendations below will help you understand more about how this market works.
First advice: practice. Our free demo account is designed to provide interest in the possibility to get acquainted with the dynamics of this market. In the process of demo trading, you should learn at least as a place (1) market orders to enter the market, (2) stop and limit orders to lock the profit, or protect your position, 3) CCA and “If Done” order to perform more advanced trading strategies. (more…)
There are more people involved in trading foreign currencies that fail and lose their money because of wrong assessment. Consistency is the trick so that a trader can take a long time in the world of forex trading.
There is no secret that trade is difficult and mistakes are very common. Experts say that the best way to avoid this is to take the first forex education and learn the basic principles and methods. After this, we must exercise the reports provide some demonstration of a simulation of itself in the market seeking trader would be able to catch a flash of how the market actually works.
Sometimes all the education and training is not enough to make each a successful trader because not require the inherent skills to work or do not have the time. (more…)
Low Spread – The difference between “bid” (the value received when you sell), and “ask” (the amount you pay when you purchase) is called the “spread or spread” and is represented by PIPs. The PIPs represent the minimum unit of change in the value of a currency. In other words, the PIP represents the minimum value in changing a currency pair. Spread a drop or spread means a higher benefit for you, given that the cost to acquire or sell foreign currency would be lower. In other words, there is a low spread, you would pay a lower commission.
If your broker can not find it, find out who regulates the activity. Have adequate rules and capital requirements are high. If your company is in a developing country, the current rules might not be appropriate. (more…)
There are three main reasons why is the foreign exchange market, namely all countries in the world manage their foreign exchange reserves and intervene in the market, several organizations also buy and sell goods and services so that they use foreign currency to compromise and finally large number of investors speculate with them for a profit.
It is known that all operators analyze the currency market in different ways. Some operators prefer to assess what is called “fundamental analysis or macroeconomic, this implies considering and evaluating various economic issues like interest rates of the various central banks, trade balances of the various States and the economic situation of each country in particular that is reflected by economic indicators like the unemployment rate, with gross domestic product, with consumer confidence, etc. (more…)
FAP Turbo is Forex Robots that can analyze the market and make decisions about when to buy or sell a couple. This can be achieved only 24 / 7, but only when you have your computer, but do not stir the developers of this amazing product has created a Virtual Private Server (VPS), where you can get your robot to work 24 / 7 for a small amount.
Continuing with the program, you can only configure it and check every day to see how much profit you earn. FAP Turbo robot works really well, you can choose how much money you want to use the trade and will do the rest. From my own statistics, the average FAP Turbo is about 15 routes, 14 gains, 1 loss. (more…)
I agree that per definition all retail brokers are scammers. But that’s per definition only.
We, people who have less than $10,000,000 (ten million dollars) are considered as retail traders. And we are only allowed to trade using retail brokers. We are not allowed to trade in institutional broker. If all retail brokers are scammers, then we are all doomed.
In fact, there are people who have been living comfortable by trading full time, and their account size is nowhere near 10 millions.
I also don’t think that ECN brokers are also doing this. ECN gains no profit / loss by playing with our account. (more…)
In simple words, the difference between NDD, Market Maker and ECN are:
Market Maker = Not real market. Broker is against you !
NDD maybe NO dealing desk = Market Maker ! Don’t be fool !
NDD = NON dealing desk = No boker involved
ECN = Real trades, but price fast
Guarentee price but can cheat you is Market Maker
Guarentee price if hit like market maker, but NON dealing desk is NDD
Not guarentee price but real market trade is ECN
Let me give you the difference’s sample:
Market Maker: Online Retail Broker who will take the other side of your trade (aka: they trade against you (more…)
In this article we discover another way of working from home on the Internet may not know that anything goes, but who want to have to learn to do it first.
Perhaps you heard about the term Rollover in Forex trading, also may not be familiar with its meaning. Frankly it is a very simple concept.
The terms indicate a rollover situation that occurs when an operation is extended beyond the closing hour of trading on any particular day.
This action can occur in different circumstances and will depend on which broker you are using for Forex trading. (more…)