Gee Dee

When we thinking about start trading in any decentralized market like forex; we should remember the fact that here working with any random broker can be dangerous in view of the fact that there is no authoritarian to ensure security via monitoring. Thereby it is essential to work with reliable and regulated broker and I am working ForexChief, a licensed broker that is offering me lowest zero spread, 1:400 high leverage, mini accounts facility, good bonus, dependable MT4 platform with expert assistance and re-quote and slippage free timely trade executions always.

Trading platform is offering the bridge so that a foreign currency trader can get an easy access to the forex market. And yes, without reliable and trusted trading platforms, we can’t think of safe, timely and regulated trade executions always. Therefore it is good to work with a broker that will ensure timely, orderly and fastest, re-quote and slippage free trade executions. Or else, a trader can miss his orders due to anecdotal trading platform services.

Forex is the largest currency exchange market where traders are receiving the opportunities to earn money from the currency exchanges i.e. making investment in currencies. Nevertheless, if a trader wants to earn money without any investment; demo trading contest can be used by him. Since in case of demo trading contest; traders maintaining demo accounts with a broker will participate in a contest for a specified period of time. And the traders having maximum money in his demo trading accounts after that period will win the contest.

Yes, obviously I prefer to see my trading as a fun experience not very serious one. I agree with the fact that in many instances we can face serious losses but if we take trading loss so seriously it can further affect our trading decision. So, I am trading smaller amounts and keep this in the mind that it will be ok if I lose. I will take lessons from my losses and move forward. But if I win, I will be happy.

Here is no flawless man in this world. However we will have limits and flaws. Hence, do not ever stop to find out about news and knowledge that can deliver welfares for the progression of our careers. A forex trader is like a leaking vessel already full with water and the water will never be full even though it is frequently recharged. But we should learn to stop otherwise the leak can be bigger.

Making investment is not always easy since trading has become a tricky profession no matter which market you have selected. And for making investment it is good to select a market that will best fitted to trader’s trading requirements. As I require some flexibility I have selected forex and in forex working with a regulated broker is a must since in this decentralized market we have no monitoring authority to ensure safety. And I have selected a regulated broker ForexChief because this broker is offering me regulations; lowest zero spread; 1:400 high leverage; re-quote and slippage free fastest trade executions through dependable MT4 platform.

For surviving in forex market long time I think the best way is applying high discipline in money management. Money management is the basic of forex trading yet very few maintain it as using money management sometimes binds us to make big profit. But actually it helps us for not getting huge lose if you make any bad decision in trading. In my opinion the best way of trading is taking not more than 2% of your capital in our every trade.

Gold is one of the most expensive commodities around the world. In the field of real asset market; gold is being traded over years. Even there was a time; when gold was used as monetary standard in many nations. Thereby gold trading is highly profitable since there is a ready acceptability of gold among the traders. Even in the forex market there are chances to trade gold via commodity trading and traders can make investment in gold and exchange gold for other commodities.

Live trading is not that easy always. Traders here need to handle their emotions, anxieties and even expectation to ensure secured trading life. However, demo trading accounts are considered as the best learning tools where traders are getting the opportunities to practice trading with the use of virtual cash. But how much time a trader should depend on the abilities of a new baby. Such as a person with strong intellect and good analytical abilities who is also a good learner can need less time than any average human being.

Order flow trading is a trading method where traders get the opportunities to take trade decisions as per the pending orders of other traders in the market. by doing this traders basically give focus on prevailing market behavior to forecast future price movements and thereby try to go with market trends. But following others can help to some extent, not fully. So, traders first should craft his own trading plan and then he should decide his mode is best suitable to him.

Forex is a leading financial market which is offering currency exchange opportunities on a virtual trading platform. Traders will require better trading styles to ensure comfortable trading life with certainty. My broker ForexChief is providing me expert assistance; professional guidance and customer care support so that it can assist me in crafting better trading strategies and it is also providing me all the trading facilities like lowest zero spread; a good leverage of 1:400; re-quote and slippage free timely and fastest trade executions always.

Thanks for sharing a nice thread. I wish it will definitely help the traders available in this forum. However; I believe each trader is unique and so as their trading requirements and way of engaging in forex trading. As a forex trader; I personally think that forex copy trading is not always profitable. Yes; we can follow successful pro traders' trading strategies but not at full basis- we can trade accordingly our requirements.

Every financial market is affected by the changes in world economy and the relationship of various countries. Forex is not exceptional. Such as whenever a new Government of any economically influential country has changed the currency value of this nation has also moved towards either positive or negative direction. So we should concentrate on fundamentals like inflation, interest rate, monetary policies, etc. as well as various technical aspects of trading such as pivot points, candlestick charting of various currency pairs, etc.

We all know that broker acts as a bridge between trader and forex market that gives trader the trading platform to reach to market for earning money. However; millions of electronic brokerage houses are available today. Among this bulk number of brokers; one or several reliable broker/brokers selection can be a real difficulty for a trader. For me; the broker who will ensure me regulations; security of capital plus provides me customized trading facilities to achieve my goals will be best broker.

I personally consider that traders will vary in their strategic moves in this world market since traders are not similar in their expectation and objectives. So, a trader needs to craft trading strategies according to his trading requirements. Obviously a trader who requires smallest risk won’t find any long term trading strategy very suitable and easy due to high risk of liquidity. It is essential to understand the difference between requirements of traders before trying any new thing or copy others.

For becoming successful in the foreign currency exchange market; traders will require a proper trading style with a greater command over emotions and decision making. Again; rational decision making comes with experience and experience comes with better expertise and education since if a trader can continue journey for a long time only then he will be able to gain experience. I am feeling fortunate that my broker ForexCheif is trying to help all its prospective customers by providing expert assistance in the light of its long experience and 24 hour customers support so that they can survive for a long period of time.

In today’s digitization era, the number of both traders and brokers are increasing in the forex market. With the development of technologies, many retail brokerage houses are offering the intermediary services to millions of traders around the world which is a good sign. But unfortunately due to lack of specific monitoring authority or regulatory authority, today number of scam brokers is increasing. So, above all the trading facilities, traders firstly put their priorities on a major issue of security of their funds through regulations.

Forex being a virtual; global trading platform attracts the attention of people today since this global market is providing many infrastructural benefits to them. Such as micro trading investment; freedom to make investment as desired; a greater flexibility in terms of several market sessions and centers; independence of trading; no standard criteria; leverage facility; etc. all are making forex as a reliable earning source for me. However, I am here because as a businessman I get the desired flexibility of trading schedule and freedom to make investment as I desire to make.

The answer to this specific question is somehow relative to answer. Each trader is distinctive and so as his trading skills, approach, perspective and trading strategies. So, if a trader is skilled, proficient and active and take decision according to the changes in the market then it won’t be that difficult for him, to earn god money from forex. Again, if a trader is not proficient enough to handle any situation, can’t take decisions according to the changes in forex market, it will be slightly difficult for him to survive.

Various online earning sources are taking the attraction of people for many reasons: such as flexibility of work; no strict educational background; virtual earning place; etc. Numerous online earning sources are: affiliate marketing; You Tube video reviewing; e-marketing; etc. However; if anyone asks me about my preferred online earning source; I will say forex trading is best. This decentralized market has a floor to become a pro trader where I can take trading as profession. And as a pro trader I am earning sufficient money even without stepping out of home.

Forex is a 24 hour market and it has numerous market sessions and centers. Traders have versatile opportunities to trade according to their trading style and approach. However, I am a naïve trader and working as a part time trader. For this reason, I follow trends of other pro traders and sometimes I use forex copy trading system so that I can better be able to take wise decision in this initial period. However if anyone ask about my preferred time horizon I will say short term trading horizon is best for me.

Broker acts as an intermediary between the traders of a currency pair so that both the parties can engage in mutually benefitted trade executions all the time. And broker selection is now becoming a tough task now. For this reason, while selecting my broker ForexChief I have analyzed all important aspects and I am happy with its service. It is providing me regulations, lowest zero spread, 1:400 leverage and a reliable MT4 platform which can be operated from any device.

Today various online platforms are becoming extremely reliable for the people around the world since today people are now looking for flexibility in their working schedule. Among different dependable online earning sources, forex is one. And forex is the largest currency market that offers foreign currency exchange trades on a global platform and traders now are taking forex as a profession due to many infrastructural benefits. Such as: freedom of work, micro trading lots, decentralization, nonappearance of standard criteria, virtual trading arrangement, etc.

Forex is one of the highly volatile financial markets around the world today. But at the same time; it is one of the highly potential investment fields to earn good money from currency exchanges on a global platform. I started my trading journey at the age of 19 when I started my journey as a part time trader. And obviously I started with mini accounts. and as a micro trader I always prefer scalping and short term investment horizon.

No matter how much money you re trying to invest in the forex market, without proper money management it is very difficult for the foreign currency exchange traders to survive for a long period of time. And traders can earn good money in this decentralized, world market only after he has ensured proper fund and risk management. Since forex is a highly competitive and risky marketplace it is essential to use various risk management tools so that a trader can minimize risks to hedge his wealth position.