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  1. The currency or forex market is a decentralized worldwide market. Today, it is the world’s largest financial market and has an average daily volume of about $5 trillion. A large currency trades involve the US dollar as one of the currencies in the currency pair. In Indian exchanges, currency derivatives segment provides trading in derivative instruments like currency futures on 4 currency pairs, cross-currency futures & options on 3 currency pairs (EUR-USD, GBP-USD, and USD-JPY). Demand and supply make the currency market work.
  2. It doesn't need to give you a 60% profit, but yet you can try it out by combining two strategies if it works well. Being a beginner to take chance is definitely risky.
  3. You can’t make good decisions without knowing the mechanics of a specific technique. In fact, the best traders are those who are acutely aware of the shortcomings of their particular approach. If the strategy isn’t appropriate for your financial situation, it should be avoided, regardless of how attractive it appears. Obviously every strategy has risk. The key is to develop an arsenal of profitable methods. Use only those that fit the market outlook, and manage each trade for maximum potential.
  4. If you chose paid service for your course it will definitely give you more advantages. They will offer you valid material and good trading technics. Also you get suport 24/7 from experts.
  5. Leverage has slightly different meanings in personal finance, investing and business. But in each case, leverage is the use of debt to help achieve a financial or business goal. Leverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses.
  6. Most of the time, futures open at a much different price than where they closed the previous day. Price volatility means that the chances of unexpected losses or profits rise when positions remain on the books at the end of a trading session.
  7. If not trader then don't know what would happen. I love to trade because my broker have taught me lots of thing. I was just a beginner started with demo account with LMFX and then slowly and steadily started making some profit.
  8. One of the most highly rated Forex signal services is 1000pip Builder. They are a very popular provider and are operated by a professional Forex trader. Now is a good time to join because they are currently offering a free 7 day trial. One of the key benefits of 1000pip Builder is that they are one of the few signal services that have independently verified results. It is easy to follow the signals and all the information is immediately sent to you by email and SMS. The usual monthly price is only $97 and they are so confident in their signals that they are currently offering a free 7 day trial. 1000pip Builder really is one of the best services out there and with a free 7 day trial they are definitely worth a visit.
  9. You cannot act like a beginner if your lose and as an expert when you win. Both experience are important to become a successful forex trader.
  10. There are several reasons forex can be an attractive market, even for beginners who have little experience. The forex market is accessible, requiring only a small deposit of funds for traders to get involved. Also, the market is open for 24 hours per day/5 days a week (it's closed for a short period on weekends). This means that traders can get into the market at any time of day, even when other more centralised markets are closed. Forex traders also pay only a simple trading fee determined by the spread between currency bid and ask prices, and trading is often governed by simplified tax rules. Finally, traders can pre-determine their stop-loss and trade exit prices prior to entering each trade, meaning they have full control over how much risk they want to take on.
  11. Swing trading is the buying and selling of futures or commodities on a multisession basis. The unique characteristic of swing trading methodologies is that open positions are held through at least one session or close. Swing traders are more reliant on fundamental analysis than intraday or day traders.
  12. Top 10 Rules for Successful Trading Always follow a trading plan. Keep on learning. Don't let your losses compound. Master one strategy at a time. Be emotionless. Do not overtrade. Prepare an exit strategy. Never chase the market. Be an informed trader Do more, analyze less
  13. Every investment choice should be made based on the risk involved for the individual, their investment goals and strategies. What is right for one investor may not be for another. Keep these basic differences and similarities in mind as you research your investments.
  14. Here’s a list of The Best No Deposit Bonus Forex Brokers Tickmill, GO Market, RoboForex, Axiory.
  15. Half knowledge is dangerous especially when your into trading. You keep you capital at risk so before that as a trader you should analysis everything and step into it. If you are struggling in Demo account then do not jump into live account. Don't be in a hurry to earn money.
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