10 Forex Trading Tips For Beginners Stop Losing Money ...

Top Forex Trading Tips for 2020:Profitable Trading Strategies!

Top Forex Trading Tips for 2020:Profitable Trading Strategies! submitted by jackcarey123 to u/jackcarey123 [link] [comments]

3 Forex Trading Tips For More Profits

3 Forex Trading Tips For More Profits submitted by Rufflenator to 3bitcoins [link] [comments]

3 Forex Trading Tips For More Profits

3 Forex Trading Tips For More Profits submitted by ososru to Bitcoin4free [link] [comments]

TOP Forex tips: 4 surest ways to keep your trading costs low and your potential for profit high To all beginners and veterans let's go and check this out:

TOP Forex tips: 4 surest ways to keep your trading costs low and your potential for profit high To all beginners and veterans let's go and check this out: submitted by JaceSean to ForexNewsToday [link] [comments]

Tips for Forex Trading Beginners to Make Good Profits in 2019

Here are the top Forex trading tips you can avail in Reddit to make good profits as early in your Forex trading career. Read the complete forex trading beginners tips here.
submitted by wiratyut to forextips [link] [comments]

[Strategies] Here is My Trading Approach, Thought Process and Execution

Hello everyone. I've noticed a lot of us here are quite secretive about how we trade, especially when we comment on a fellow trader's post. We're quick to tell them what they're doing isn't the "right way" and they should go to babypips or YouTube. There's plenty of strategies we say but never really tell them what is working for us. There's a few others that are open to share their experience and thought processes when considering a valid trade. I have been quite open myself. But I'm always met with the same "well I see what you did is quite solid but what lead you to deem this trade valid for you? "
The answer is quite simple, I have a few things that I consider which are easy rules to follow. I realized that the simpler you make it, the easier it is for you to trade and move on with your day.
I highlight a few "valid" zones and go about my day. I've got an app that alerts me when price enters the zone on my watchlist. This is because I don't just rely on forex trading money, I doubt it would be wise to unless you're trading a 80% win rate strategy. Sometimes opportunities are there and we exploit them accordingly but sometimes we are either distracted by life issues and decide to not go into the markets stressed out or opportunities just aren't there or they are but your golden rules aren't quite met.
My rules are pretty simple, one of the prime golden rules is, "the risk is supposed to be very minimal to the reward I want to yield from that specific trade". i.e I can risk -50 pips for a +150 and more pips gain. My usual target starts at 1:2 but my most satisfying trade would be a 1:3 and above. This way I can lose 6/10 trades and still be profitable.
I make sure to keep my charts clean and simple so to understand what price does without the interference of indicators all over my charts. Not to say if you use indicators for confluence is a complete no-no. Each trader has their own style and I would be a narcissistic asshole if I assumed my way is superior than anybody else's.
NB: I'm doing this for anybody who has a vague or no idea of supply and demand. Everything here has made me profitable or at least break even but doesn't guarantee the same for you. This is just a scratch on the surface so do all you can for due diligence when it comes to understanding this topic with more depth and clear comprehension.
Supply and Demand valid zones properties; what to me makes me think "oh this zone has the potential to make me money, let me put it on my watchlist"? Mind when I say watchlist, not trade it. These are different in this sense.
👉With any zone, you're supposed to watch how price enters the zone, if there's a strong push in the opposite direction or whatever price action you're observing...only then does the zone becomes valid. YOU TRADE THE REACTION, NOT THE EXPECTATION Some setups just fail and that's okay because you didn't gamble. ✍
!!!IMPORTANT SUBJECT TO LEARN BEFORE YOU START SUPPLY AND DEMAND!!!
FTR. Failure to Return.(Please read on these if you haven't. They are extremely important in SnD). Mostly occur after an impulse move from a turning point. See attached examples: RBR(rally base rally)/DBD(drop base drop). They comprise of an initial move to a certain direction, a single candle in the opposite direction and followed by 2 or more strong candles in the initial direction. The opposite candle is your FTR(This is your zone) The first time price comes back(FTB) to a zone with an FTR has high possibilities to be a strong zone.
How to identify high quality zones according to my approach:
  1. Engulfing zones; This is a personal favorite. For less errors I identify the best opportunities using the daily and 4H chart.
On the example given, I chose the GBPNZD trade idea I shared here a month ago I believe. A double bottom is easily identified, with the final push well defined Bullish Engulfing candle. To further solidify it are the strong wicks to show strong rejection and failure to close lower than the left shoulder. How we draw our zone is highlight the whole candle just before the Engulfing Candle. That's your zone. After drawing it, you also pay attention to the price that is right where the engulfing starts. You then set a price alert on your preferred app because usually price won't get there immediately. This is the second most important part of trading, PATIENCE. If you can be disciplined enough to not leave a limit order, or place a market order just because you trust your analysis...you've won half the battle because we're not market predictors, we're students. And we trade the reaction.
On the given example, price had already reached the zone of interest. Price action observed was, there was a rejection that drove it out of the zone, this is the reaction we want. Soon as price returns(retests)...this is your time to fill or kill moment, going to a 4H or 1H to make minimum risk trades. (See GBPNZD Example 1&2)
  1. Liquidity Run; This approach looks very similar to the Engulfing zones. The difference is, price makes a few rejections on a higher timeframe level(Resistance or support). This gives the novice trader an idea that we've established a strong support or resistance, leading to them either selling or buying given the opportunity. Price then breaks that level trapping the support and resistance trader. At this point, breakout traders have stop orders below or above these levels to anticipate a breakout at major levels with stops just below the levels. Now that the market has enough traders trapped, it goes for the stop losses above or below support and resistance levels after taking them out, price comes back into the level to take out breakout traders' stop losses. This is where it has gathered enough liquidity to move it's desired direction.
The given example on the NZDJPY shows a strong level established twice. With the Bearish Engulfing movement, price leaves a supply zone...that's where we come in. We go to smaller timeframes for a well defined entry with our stops above the recent High targeting the next demand zone.
The second screenshot illustrates how high the reward of this approach is as well. Due diligence is required for this kind of approach because it's not uncommon but usually easily misinterpreted, which is why it's important it's on higher timeframes.
You can back test and establish your own rules on this but the RSI in this case was used for confluence. It showed a strong divergence which made it an even easier trade to take.
...and last but definitely not least,
  1. Double Bottom/Top. (I've used double bottoms on examples because these are the only trades I shared here so we'll talk about double bottoms. Same but opposite rules apply on double tops).
The first most important rule here is when you look to your left, price should have made a Low, High and a Lower Low. This way, the last leg(shoulder) should be lower than the first. Some call this "Hidden Zones". When drawing the zones, the top border of the zone is supposed to be on the tip of the Low and covering the Lower Low. **The top border is usually the entry point.
On the first given example I shared this week, NZDCAD. After identifying the structure, you start to look for zones that could further verify the structure for confluence. Since this was identified on the 4H, when you zoom out to the daily chart...there's a very well defined demand zone (RBR). By now you should know how strong these kind of zones are especially if found on higher timeframes. That will now be your kill zone. You'll draw another zone within the bigger zone, if price doesn't close below it...you've got a trade. You'll put your stop losses outside the initial zone to avoid wicks(liquidity runs/stop hunts)
On the second image you'll see how price closed within the zone and rallied upwards towards your targets.
The second example is CHFJPY; although looking lower, there isn't a rally base rally that further solidifies our bias...price still respected the zone. Sometimes we just aren't going to get perfect setups but it is up to us to make calculated risks. In this case, risk is very minimal considering the potential profit.
The third example (EURNZD) was featured because sometimes you just can't always get perfect price action within your desired zone. Which is why it's important to wait for price to close before actually taking a trade. Even if you entered prematurely and were taken out of the trade, the rules are still respected hence a re entry would still yield you more than what you would have lost although revenge trading is wrong.
I hope you guys learnt something new and understand the thought process that leads to deciding which setups to trade from prepared supply and demand trade ideas. It's important to do your own research and back testing that matches your own trading style. I'm more of a swing trader hence I find my zones using the Daily and 4H chart. Keeping it simple and trading the reaction to your watched zone is the most important part about trading any strategy.
Important Note: The trade ideas on this post are trades shared on this sub ever since my being active only because I don't want to share ideas that I may have carefully picked to make my trading approach a blind pick from the millions on the internet. All these were shared here.
Here's a link to the trade ideas analyzed for this post specifically
Questions are welcome on the comments section. Thank you for reading till here.
submitted by SupplyAndDemandGuy to Forex [link] [comments]

90+ Free Udemy & Some Best Selling Discounted

Free Udemy & Some Best Selling Discounted. Codes will expire in 1-2 days.
Source: https://freebiesglobal.com/
  1. [Turkish] 29h 30m Java ile Nesne Yönelimli Programlama https://www.udemy.com/course/java-ile-nesne-yonelimli-programlama/?couponCode=OOP_FREE_01 1 Day left at this price!
  2. [English] 4h 56m Facebook Ads MASTERY Blueprint - Beginner to Expert in 2020 https://www.udemy.com/course/facebook-ads-mastery-course-beginner-to-expert/?couponCode=2862E4B94AEF91B3608C 2 Days left at this price!
  3. [English] 6h 36m Adobe Illustrator CC 2020 MasterClass https://freebiesglobal.com/adobe-illustrator-cc-2020-masterclass-8 2 Days left at this price!
  4. [English] 5h 51m Business Development & Sales Mastery For B2B Businesses https://www.udemy.com/course/business-development-sales-mastery-for-b2b-businesses/?couponCode=30FF9B387B2DDF066774 2 Days left at this price!
  5. [English] 1h 33m Football betting for profit: Learn sports betting now! https://www.udemy.com/course/football-betting-for-profit-learn-sports-betting-now/?couponCode=90479E792BBAD9654091 2 Days left at this price!
  6. [English] 2h 41m Introduction to Quantum Computing https://www.udemy.com/course/introduction-to-quantum-computing/?couponCode=079EBA523285AAF5C6F0 2 Days left at this price!
  7. [English] 3h 0m How To Start a Profitable Video Marketing Agency https://www.udemy.com/course/video-marketing-agency-business-blueprint/?couponCode=36491317925CE92EF114 2 Days left at this price!
  8. [English] 2h 37m How To Start A Profitable Web Design Business https://www.udemy.com/course/how-to-start-a-profitable-web-design-agency-business/?couponCode=3D811EAB5017B93E4300 2 Days left at this price!
  9. [English] 7h 24m Microsoft Excel Training: Learn Essential Excel Skills https://www.udemy.com/course/microsoft-excel-training-learn-essential-excel-skills/?couponCode=FREENOV 2 Days left at this price!
  10. [English] 0h 42m Quit your smartphone addiction with(in) 30 days challenges https://www.udemy.com/course/quit-your-smartphone-addiction-within-30-days-challenges/?couponCode=NOMOPHOBIA 2 Days left at this price!
  11. [English] 0h 51m Poster and Banner Design for Beginners https://www.udemy.com/course/design-holiday-posters-and-banners/?couponCode=47D56D5BD2D04A9 2 Days left at this price!
  12. [English] 0h 57m 1-HOUR Bookkeeping & accounting (accounting & bookkeeping) https://www.udemy.com/course/one-hour-bookkeeping-course/?couponCode=57635E0AD89FB7584A06 2 Days left at this price!
  13. [English] 1h 0m Simple and Strong Forex Swing Trading Strategy in the world https://www.udemy.com/course/a-simple-forex-swing-trading-strategies-that-work-vip-only/?couponCode=19D131CB058F882B0BA4 2 Days left at this price!
  14. [Portuguese] 6h 1m Redação: Enem, vestibulares, concursos, artigos para mídia https://www.udemy.com/course/curso-de-redacao-dissertativa/?couponCode=0424405134C0B95660D8 2 Days left at this price!
  15. [English] 0h 33m IRRATIONAL https://www.udemy.com/course/irrational/?couponCode=RATIONALNOVEMBER 2 Days left at this price!
  16. [English] 2h 26m Super way to Learn Arduino | Creative https://www.udemy.com/course/super-way-to-learn-arduino-creative/?couponCode=ROBOT11OMG 2 Days left at this price!
  17. [English] 11h 34m Practical Web Development: 22 Courses in 1 https://www.udemy.com/course/the-complete-web-development-course/?couponCode=WEB22IN1NOV2020 2 Days left at this price!
  18. [English] 10h 39m Lead Generation MASTERY with Facebook Lead & Messenger Ads https://www.udemy.com/course/facebook-lead-ads-course/?couponCode=TOP111 2 Days left at this price!
  19. [English] 1h 8m Four Real Estate Investing Strategies For Financial Success https://www.udemy.com/course/four-real-estate-investing-strategies/?couponCode=FREISFEXPNOV82020 2 Days left at this price!
  20. [English] 0h 50m Introduction to Domain Names and Web Hosting - Quick Guide https://www.udemy.com/course/introduction-to-domain-names-and-web-hosting-quick-guide/?couponCode=YOUACCELNOV05 2 Days left at this price!
  21. [English] 4h 0m Bootstrap & jQuery - Certification Course for Beginners https://www.udemy.com/course/bootstrap-jquery-certification-course-for-beginners/?couponCode=YOUACCELNOV05 2 Days left at this price!
  22. [English] 3h 15m PHP & MySQL - Certification Course for Beginners https://www.udemy.com/course/php-mysql-certification-course-for-beginners/?couponCode=YOUACCELNOV05 2 Days left at this price!
  23. [English] 5h 30m HTML, CSS, & JavaScript - Certification Course for Beginners https://www.udemy.com/course/html-css-javascript-certification-course-for-beginners/?couponCode=YOUACCELNOV05 2 Days left at this price!
  24. [English] 2h 18m Setup a Virtual Web Server using Linode or Digital Ocean https://www.udemy.com/course/setup-a-virtual-web-server-using-linode-or-digital-ocean/?couponCode=YOUACCELNOV05 2 Days left at this price!
  25. [English] 3h 36m NGINX, Apache, SSL Encryption - Certification Course https://www.udemy.com/course/nginx-apache-ssl-encryption-certification-course/?couponCode=YOUACCELNOV05 2 Days left at this price!
  26. [English] 0h 37m How the Internet Works & the Web Development Process https://www.udemy.com/course/how-the-internet-works-the-web-development-process/?couponCode=YOUACCELNOV05 2 Days left at this price!
  27. [English] 5h 57m JavaScript, Bootstrap, & PHP - Certification for Beginners https://www.udemy.com/course/javascript-bootstrap-php-certification-for-beginners/?couponCode=YOUACCELNOV05 2 Days left at this price!
  28. [English] 4h 53m Persuasive Writing Ft. Two Forbes Contributors & Copywriters https://www.udemy.com/course/persuasive-writing-copywriting/?couponCode=YOUACCELNOV05 2 Days left at this price!
  29. [English] 4h 32m Complete Guide to Pinterest & Pinterest Growth 2020 https://www.udemy.com/course/pinheroes/?couponCode=474BC9DFA6B98FFCE909 2 Days left at this price!
  30. [English] 18h 17m Complete web development Bootcamp for Beginners -2020 https://freebiesglobal.com/complete-web-development-bootcamp-for-beginners-2020-6 2 Days left at this price!
  31. [English] 22h 34m Fundamentals of Engineering Thermodynamics https://www.udemy.com/course/fundamentals-of-thermodynamics/?couponCode=FREENOV 2 Days left at this price!
  32. [English] 3h 38m The Complete SAP Analytics Course 2020 https://www.udemy.com/course/sap-bi-bo-analytics/?couponCode=EARLYBIRD 2 Days left at this price!
  33. [English] 0h 32m Memory Hacks: Learn How to Increase Memory and Speed Reading https://www.udemy.com/course/memory-hacks/?couponCode=HASSAN22 2 Days left at this price!
  34. [English] 0h 38m Fast track to ML, Data Science and Steganography https://www.udemy.com/course/fast-track-to-ml-datascience-steganography/?couponCode=BEE6000A4CE76B22D68E 2 Days left at this price!
  35. [English] 1h 19m Adobe Animate cc : The Beginner's Guide to Adobe Animate https://www.udemy.com/course/adobe-animate-cc-the-beginners-guide-to-adobe-animate/?couponCode=NOVPRO 2 Days left at this price!
  36. [English] 6h 57m Content Marketing Strategy & Techniques: Beginner to Expert https://www.udemy.com/course/content-marketing-strategy-u/?couponCode=CONTENT6 2 Days left at this price!
  37. [English] 18h 20m EXCEPTIONAL Creative Writing: 30 Days COMPLETE Course https://www.udemy.com/course/certified-digital-content-writing-course/?couponCode=CREATIVE6 2 Days left at this price!
  38. [English] 3h 26m What are GAN's actually- from underlying math to python code https://www.udemy.com/course/what-are-gans-actually-from-underlying-math-to-python-code/?couponCode=8F09E728F6631739C99D 2 Days left at this price!
  39. [English] 42h 37m The Complete Business & Marketing Course - 23 Courses in 1 https://www.udemy.com/course/the-complete-business-marketing-course/?couponCode=LAUNCHSPECIAL00 2 Days left at this price!
  40. [English] 1h 14m Communicate to Win and Influence https://www.udemy.com/course/communicate-to-win-and-influence/?couponCode=7315D0719623156D24F4 2 Days left at this price!
  41. [English] 2h 10m Problems & Solutions in Accounting Basics https://www.udemy.com/course/problems-solutions-in-accounting-basics/?couponCode=NOVFRC 2 Days left at this price!
  42. [Spanish] 4h 50m ¡Curso COMPLETO de COPYWRITING y STORYTELLING de 0 a 100! https://www.udemy.com/course/curso-completo-de-copywriting-y-storytelling-de-0-a-100/?couponCode=304558F335A8637D620B 2 Days left at this price!
  43. [Spanish] 8h 15m Universidad Excel - Básico, Intermedio y Avanzado +Completo! https://www.udemy.com/course/universidad-excel-microsoft-tablas-dinamicas-dashboard-macros-vba/?couponCode=GRATIS_UE 2 Days left at this price!
  44. [English] 0h 53m Python-3 Boot Camp in GUI automation for absolute beginners https://www.udemy.com/course/python-3-boot-camp-in-gui-automation-for-absolute-beginners/?couponCode=17AC8721C666BB7E6710 2 Days left at this price!
  45. [English] 2h 1m Hands on Python3 Regular Expressions for Absolute Beginners https://www.udemy.com/course/hands-on-python3-regular-expression-2020/?couponCode=0E676A889BA3CAEAE08C 2 Days left at this price!
  46. [English] 1h 25m Fundamentals of Business Accounting: Learn Quick and Easy https://www.udemy.com/course/fundamentals-of-business-accounting-learn-quick-and-easy/?couponCode=F13C82BE709AAC8677A6 2 Days left at this price!
  47. [English] 29h 6m Presentation Skills - Advanced: Speak Without Reading Notes https://www.udemy.com/course/how-to-speak-without-notes/?couponCode=609C5D1CB13FA3B94D61 2 Days left at this price!
  48. [English] 1h 26m Public Speaking: You Can Speak to Large Audiences https://www.udemy.com/course/how-to-speak-to-large-audiences/?couponCode=FCCDF0A85F6980CD60AD 2 Days left at this price!
  49. [English] 0h 51m Journalism: Conduct Great Media Interviews https://www.udemy.com/course/how-to-conduct-interviews/?couponCode=0593C183BAB4293BCB44 2 Days left at this price!
  50. [English] 2h 43m Complete Goal Setting Course - Become Your Own Life Coach https://www.udemy.com/course/complete-goal-setting-course-become-your-own-life-coach/?couponCode=8C6E5B87A90F72976F1A 2 Days left at this price!
  51. [English] 2h 57m Complete Hypnosis Weight Loss Course - Dieting Psychology https://www.udemy.com/course/complete-hypnosis-weight-loss-course-dieting-psychology/?couponCode=2E4D5ED89B5DC3EA068F 2 Days left at this price!
  52. [English] 2h 55m Complete Goal Achievement Course - Personal Success Goals https://www.udemy.com/course/complete-goal-achievement-course-personal-success-goals/?couponCode=1334B54755F75E9F0909 2 Days left at this price!
  53. [English] 30h 57m The Complete Reiki Course: 30+ Hours of Secrets from A to Z https://www.udemy.com/course/reiki-complete-certification-energy-healing-crystal-master-shaman-pet/?couponCode=AFD86555CCACEB00E74D 1 Day left at this price!
  54. [English] 19h 5m Complete Google Certified Educator Level 1 and 2 Masterclass https://www.udemy.com/course/complete-google-certified-educator-level-1-masterclass/?couponCode=ED57A28347C32C8641C6 2 Days left at this price!
  55. [English] 1h 56m Complete Management Coaching Course - Executive Coaching https://www.udemy.com/course/complete-management-coaching-course-executive-coaching/?couponCode=E3F1F43365C7E7DCE469 2 Days left at this price!
  56. [English] 10h 35m Stock Trading Momentum Based Strategies1- Technical Analysis https://www.udemy.com/course/momentum-indicators-rsi-stoch-williamr-tsi-mfi/?couponCode=1NOV20 1 Day left at this price!
  57. [English] 9h 56m Trading Strategies Backtesting With Python https://www.udemy.com/course/trading-strategies-backtesting-with-python/?couponCode=DBAF11B92B43CBBDC98A 19 hrs left at this price!
  58. [English] 3h 25m Machine learning and Lexicon approach to Sentiment analysis https://www.udemy.com/course/machine-learning-and-lexicon-approach-to-sentiment-analysis/?couponCode=DC878893990484137046 19 hrs left at this price!
  59. [English] 37h 39m Agile Project Management 200+ Tools with Kanban Scrum Devops https://www.udemy.com/course/agile-project-management-certification-scrumkanbandevops/?couponCode=AGILE5 1 Day left at this price!
  60. [English] 26h 43m Business Analytics Course 2020 https://www.udemy.com/course/best-data-science-business-analytics-course/?couponCode=BUSINESS5 1 Day left at this price!
  61. [English] 10h 41m React 101 - basics complete & latest. Forms, routing, async https://www.udemy.com/course/gbarkhatov-react-basics-complete-latest/?couponCode=BDA9B1051849F6B2DB47 1 Day left at this price!
  62. [English] 3h 17m The Python Programming For Everyone Immersive Training https://www.udemy.com/course/the-python-programming-for-anyone-immersive-training/?couponCode=BD714282A199F0B461CE 1 Day left at this price!
  63. [English] 2h 23m OBS Studio - Ultimate Livestreaming Guide to OBS Studio https://www.udemy.com/course/ultimate-beginners-guide-to-open-broadcaster-softwareobs/?couponCode=3D18CBF1BA8736611114 1 Day left at this price!
  64. [English] 3h 56m Complete Ansible Bootcamp: Go from zero to hero in Ansible https://www.udemy.com/course/ansible-hero/?couponCode=ANSIBLEHEROTOWERSOON 1 Day left at this price!
  65. [English] 12h 40m Python And Flask Framework Complete Course For Beginners https://freebiesglobal.com/python-and-flask-framework-complete-course-for-beginners-3 1 Day left at this price!
  66. [English] 6h 59m Python for Beginners:Introduction to Python https://www.udemy.com/course/python-crash-course-for-beginners-l/?couponCode=6357A09370F9974153C2 1 Day left at this price!
  67. [German] 1h 1m Antike Astrologie 2 https://www.udemy.com/course/antike-astrologie-2/?couponCode=AE116C0E07E9213321BA 1 Day left at this price!
  68. [German] 0h 39m Astronomie für Einsteiger https://www.udemy.com/course/astronomie-fur-einsteige?couponCode=832D3DC2E1044D249DED 1 Day left at this price!
  69. [English] 0h 36m Learn Basics of Adobe Photoshop CC 2020 for Beginners https://www.udemy.com/course/learn-basics-of-adobe-photoshop-cc-for-beginners/?couponCode=5BA23C69A1BFC38B4CE6 1 Day left at this price!
  70. [English] 1h 13m EFT Your Business for Success https://www.udemy.com/course/eft-tapping-business-entrepreneurs-success/?couponCode=EFTBSEXPNOV72020 1 Day left at this price!
  71. [English] 2h 33m Video Editing With Davinci Resolve 16 for Beginners https://www.udemy.com/course/video-editing-with-davinci-resolve-16-for-beginners/?couponCode=HOLLIDAYS 1 Day left at this price!
  72. [English] 2h 41m MATLAB For People in Hurry https://www.udemy.com/course/matlab-for-people-in-hurry/?couponCode=MATLAB-FREE 1 Day left at this price!
  73. [English] 0h 42m The Role of Psychology in Enhancing Cybersecurity https://www.udemy.com/course/psychology-cybersecurity/?couponCode=BDAE13FBFCA9651584E9 1 Day left at this price!
  74. [Spanish] 3h 0m Lenguaje Musical: Nivel 1 https://www.udemy.com/course/lenguaje-musical-nivel-1/?couponCode=NOVIEMBREMUSICAL 1 Day left at this price!
  75. [Spanish] 2h 55m Aprende Multicointegración en Forex con R studio https://www.udemy.com/course/aprende-a-invertir-en-forex-mediante-multicointegracion/?couponCode=MULTI_SOFIA 1 Day left at this price!
  76. [English] 0h 29m IT Support & Troubleshooting Tips for Clinical Environments https://www.udemy.com/course/it-support-troubleshooting-tips-for-clinical-environments/?couponCode=NOV2020 1 Day left at this price!
  77. [English] 1h 23m English grammar tenses & structures, the ultimate course https://www.udemy.com/course/english-grammar-tenses-structures-the-ultimate-course/?couponCode=NOVEMBERSECOND 1 Day left at this price!
  78. [English] 6h 2m Complete Responsive Web Development: 4 courses in 1 https://www.udemy.com/course/responsive-web-development/?couponCode=WEB4IN1NOV2020 1 Day left at this price!
  79. [English] 2h 17m HTML5 & CSS3 Course | Practical Guide for Building Websites https://www.udemy.com/course/html5-css3-course-practical-guide-for-building-websites/?couponCode=5FA9830B016825AEB626 1 Day left at this price!
  80. [English] 0h 38m Facebook Ads marketing - Page Likes & Engagement For Newbies https://www.udemy.com/course/grow-fan-page-facebook-marketing-page-likes-ad-offers-messages-pixel/?couponCode=5OCT2020 1 Day left at this price!
  81. [English] 1h 47m Run Facebook Event Ad, Youtube Channel & Google Search Ad. https://www.udemy.com/course/start-vlogging-youtube-channel-marketing-videos-editing-phone/?couponCode=5OCT2020 1 Day left at this price!
  82. [English] 1h 2m Sell Products with Facebook Ads Fast On Shopify 2020 https://www.udemy.com/course/shopify-dropshipping-facebook-ads-ecommerce-masterclass-2020-2021-2022/?couponCode=5OCT2020 1 Day left at this price!
  83. [English] 2h 7m Facebook Ads And Marketing - Lead Generation Pro - 2020 https://www.udemy.com/course/facebook-marketing-for-lead-generation-2020/?couponCode=5OCT2020 1 Day left at this price!
  84. [English] 2h 7m Run Search Ad In Google Ads & Easy SEO For Beginners-2020 https://www.udemy.com/course/digital-marketing-google-ads-adwords-search-seo-ppc/?couponCode=5OCT2020 1 Day left at this price!
  85. [English] 2h 10m Facebook Ads Marketing - Start Lead Generation Business 2020 https://www.udemy.com/course/facebook-ads-marketing-lead-generation-business-digital-marketing/?couponCode=5OCT2020 1 Day left at this price!
  86. [English] 1h 3m Facebook Ads Marketing For Events Free & Paid Strategy 2020 https://www.udemy.com/course/facebook-marketing-for-events-advertising-hacks-strategy/?couponCode=5OCT2020 1 Day left at this price!
  87. [English] 1h 16m Digital Marketing Business With Google My Business - 2020 https://www.udemy.com/course/online-marketing-with-google-my-business-digital-marketing/?couponCode=5OCT2020 1 Day left at this price!
  88. [English] 9h 30m Automate the Boring Stuff with Python Programming https://www.udemy.com/course/automate/?couponCode=NOV2020FREE2 1 Day left at this price!
  89. [English] 0h 39m Let's create a ML Classifier, Neural Regressor from Scratch https://www.udemy.com/course/lets-create-a-ml-classifier-neural-regressor-from-scratch/?couponCode=079F778394190BC7B9F3 1 Day left at this price!
  90. [English] 0h 38m Facebook Ads marketing - Page Likes & Engagement For Newbies https://www.udemy.com/course/grow-fan-page-facebook-marketing-page-likes-ad-offers-messages-pixel/?couponCode=5OCT2020 1 Day left at this price!
Popular Udemy Courses from $9.99:
  1. [English] 45h 3m SEO TRAINING 2021: Complete SEO Course + WordPress SEO Yoast $9.99 https://www.udemy.com/course/online-seo-training/?couponCode=1NOV999 3 Days left at this price!
  2. [English] 32h 33m Master JavaScript - The Most Compete JavaScript Course 2020 $11.99 https://www.udemy.com/course/master-javascript-the-most-compete-javascript-course-2020/?couponCode=LEARNNOV 4 Days left at this price!
  3. [English] 27h 55m AWS Certified Solutions Architect Associate - 2020 [SAA-C02] $9.99 https://www.udemy.com/course/aws-certified-solutions-architect-associate-hands-on-labs/?couponCode=AWSNOV 1 Day left at this price!
  4. [English] 390 questions AWS Certified Solutions Architect Associate Practice Exams $12 https://www.udemy.com/course/aws-certified-solutions-architect-associate-practice-tests-k/?couponCode=AWSNOV 1 Day left at this price!
  5. [English] 42h 20m Project Management Professional Certification Program (PMP) $12.99 https://www.udemy.com/course/project-management-professional-certification-program-pmp/?couponCode=NOVOLEARN2020
  6. [English] 37h 7m Risk Management for Business Analysts (PMI-RMP/IIBA-ECBA) $12.99 https://www.udemy.com/course/risk-management-for-business-analysts-pmi-rmpiiba-ecba/?couponCode=NOVOLEARN2020
  7. [English] 21h 6m The Agile Certified Practitioner Training Program (PMI-ACP) $12.99 https://www.udemy.com/course/the-agile-certified-practitioner-training-program-pmi-acp/?couponCode=NOVOLEARN2020
  8. [English] 14h 6m The Complete IT Job Search Course - Land Your Dream IT Job $9.99 https://www.udemy.com/course/the-complete-it-job-search-course-land-your-dream-it-job/?couponCode=THANKS1 4 Days left at this price!
  9. [English] 30h 49m The Complete Communication Skills Master Class for Life https://www.udemy.com/course/the-complete-communication-skills-master-class-for-life/?couponCode=THANKS3 4 Days left at this price!
submitted by ViralMedia007 to FREECoursesEveryday [link] [comments]

New to Trading? Here's some tips

So there seems to be a lot of new people on this sub. And makes sense if you have questions a lot of time you'll turn to reddit for the answers (I know I do). Well here are some tips that I think would benefit new traders.
  1. Don't trade ANY Euro pairs. Look I know it's the most traded pair it goes up and down really fast and there's so much potential for you to make money. Turns out there's even more for you to lose money. It's way too volatile specially if you don't know what you're doing. EUUSD is the worst offender.
  2. Trade the Daily. Might think you're cool looking at charts every x amount of times during the day. You get to tell your friends and family that you trade all day and they might be impressed at what you're doing but unless you have some years under you stick to the daily. There's less noise. You can see clearer trends and when you don't stare at the screen all day you're less emotional therefore a more effective trader. I only look at the chart 15 minutes a day to either enter close or manage my trades. Whatever happens when I'm gone is what happens.
  3. There is no holy grail indicator Look for it all you want. It doesn't exist. There are good indicators. There are bad indicators. There are some indicators that are so broken if you do the opposite of what they're intended for you'll actually make a profit. But the fact remains that there's no perfect one. Stop looking. What you should be looking for is an indicator that fits with your strategy.
  4. What currencies to pick. I actually never see this brought up. The notion in forex is that all pairs can be traded equally. To a certain extent that's not false. But until you get the hang of it stick to a strict trading diet. Look for pairs that trend a lot. Duh look for the trend I can hear you say. When I say trend I don't mean a couple of days or weeks. I mean a couple of months. Half a year. Pairs that do that have a higher tendency to stick with one direction for a while. That's where you make your money. An easy way to identify those pairs as well is putting together a volatile currency (USD) with a less volatile one(JPY).
  5. USE YOUR SL Trust me even if not putting a SL has netted you all kinds of gains eventually the market will turn around and bite you. With no safety net you'll lose most if not all your profit. The best offense is a good defense.
  6. How to pick your TP and SL level. Most new traders care so much about that. I put it near the bottom because in my opinion you should know everything listed first. This is my opinion and I use it for my strategy I use the ATR(average true range) indicator. It's a really helpful tool that helps you identify the range at which the candles will either rise or fall. Obviously you want to set your TP inside of that range and your SL slightly outside of it.
  7. Lot sizes. Everyone has a different story about how they pick their lot size. The general consensus is don't risk over 2% of your account. But I'm a simple man and I can't be bothered to figure out what my risk is every single time. So what I do is I put $0.10 for every $100 I have on the account. I then assign $300(minimum) to each pair. That's $0.30 per pair. It's easy to remember. 10 cent for every $100. If you're able to blow $100 with $0.10 then you probably shouldn't trade.
  8. How to avoid reversals. Tbh you can't. There's no way to predict the future so eventually you'll get hit by one. What you can do however is minimize the blow. How I do it is for every pair I take two trades. If you remember in the previous tip is said I do about$0.30 per pair well I divide it 2:1. I take one trade with a TP(2) and one without (1). If my TP is hit I pocket that amount and if the trend keeps going in my direction I make even more. If the trend decides to end or reverses my losses are minimal because at least I kept half.
  9. There is NO right way to trade. Stop listening to people telling the best way to trade is fundamentals or naked charts of to use some specific indicator. There are no right way to do this. It's as flexible and unlimited as your imagination. I personally use indicators but if that's not your thing do YOU! Just remember to manage your trades properly and be level headed when trading. Hell if your trading strategy is flipping a coin with proper trade management you'd probably make some money (don't quote me on that).
  10. Trade money you're willing to lose Don't trade your rent money.
That's all I have for now. If anyone sees this and wants to add more feel free. Hope this helps someone.
submitted by MannyTrade to Forex [link] [comments]

What you must know about getting gold trading signals

What you must know about getting gold trading signals
Trading gold is considered as a natural part of Forex trading. Gold provides a lot more opportunities in trading profits more frequently than the traditional Forex currency pairs. Traders going for just a few hundred and few thousand dollars may trade in Gold online at the most cost-effective rates. Profitable gold trading is done with the application of the analysis methods. It is also possibly filtered with doing a fundamental analysis of gold trading signals where the details will support the historical data.

Gold trading signals
There are so many ways of making a profit from gold. Investing in gold or buying gold means investing a lot of time and effort. Trading in gold means that there is a lot to buy or hold for a long period. Gold trading means buying or selling various times in a small period like a few hours, days or months.
One can invest in gold with just a few US dollars or buy gold in the form of nuggets or coins or by buying a small share in Gold bullion present in secure vaults. Physical gold is also an investment that also involves a lot of problems in storage and proof.
Gold trading allows you to make more frequent and larger profits than one can make with investing and holding gold. This happens even when there are up and down fluctuations in gold prices.
How to trade in gold
When it comes to trading at the gold price, the traders require something quite closely linked with the value of gold. It is worthwhile to note that gold trading signals play a vital role in this.
Options and futures for trading in gold
One of the important ways for trading in gold represents gold through a major and regulated exchange. This needs a deposit of nearly $ 5,000 with future brokerages. This is because the smallest of the Gold futures can expire in just early 33 ounces of Gold. It involves buying or selling just a single contract with a margin to support the trade.
Another alternative solution is to trading shares in ETF which owns Gold and where the price fluctuations mirror close fluctuations in the price of Gold. But, this needs opening an account with brokerage offering direct tradings in stock shares. The stockbrokers generally require a minimum deposit of the few thousand dollars and it also requires charging a sizable or minimum commission spread on every trade. A share of SDPR gold usually costs a person one-tenth of the value of an ounce of gold in US dollars. But this is going to be a truly expensive gold trading method.
Mining shares for trading gold
Buying and selling hare in gold mining companies is another method of gold trading. It involves consideration of various factors like speed, costs, and the minimum deposit required. It also has an added drawback that the value of gold is just one of the important trading factors driving the price for minimum sharing.
Gold trading with forex broker
Gold trading is a fast, easy and practical method of trading in gold. It is cost-effective for everyone who wants to spend a few hundred dollars on Gold trading. Several Forex Brokers offer to trade in spot Gold or the actual price of Gold in an ounce.
Talk to Gold Trading experts to learn more on Gold trading signals and various methods of profitable trading in gold.
submitted by goldtradingsignals to u/goldtradingsignals [link] [comments]

ATO Australian tax treatment for options trades 🇦🇺

I am posting this as I hope it will help other Australian options traders trading in US options with their tax treatment for ATO (Australian Tax Office) purposes. The ATO provides very little guidance on tax treatment for options trading and I had to do a lot of digging to get to this point. I welcome any feedback on this post.

The Deloitte Report from 2011

My initial research led me to this comprehensive Deloitte report from 2011 which is hosted on the ASX website. I've been through this document about 20 times and although it's a great report to understand how different scenarios apply, it's still really hard to find out what's changed since 2011.
I am mainly relating myself to the scenario of being an individual and non-sole trader (no business set up) for my trading. I think this will apply to many others here too. According to that document, there isn't much guidance on what happens when you're an options premium seller and close positions before they expire.
Note that the ATO sometimes uses the term "ETO" (Exchange Traded Option) to discuss what we're talking about here with options trading.
Also note: The ATO discusses the separate Capital Gains Tax ("CGT") events that occur in each scenario in some of their documents. A CGT event will then determine what tax treatment gets applied if you don't know much about capital gains in Australia.

ATO Request for Advice

Since the Deloitte report didn't answer my questions, I eventually ended up contacting the ATO with a request for advice and tried to explain my scenario: I'm an Australian resident for tax purposes, I'm trading with tastyworks in $USD, I'm primarily a premium seller and I don't have it set up with any business/company/trust etc. In effect, I have a rough idea that I'm looking at capital gains tax but I wanted to fully understand how it worked.
Initially the ATO respondent didn't understand what I was talking about when I said that I was selling a position first and buying it to close. According to the laws, there is no example of this given anywhere because it is always assumed in ATO examples that you buy a position and sell it. Why? I have no idea.
I sent a follow up request with even more detail to the ATO. I think (hope) they understood what I meant now after explaining what an options premium seller is!

Currency Gains/Losses

First, I have to consider translating my $USD to Australian dollars. How do we treat that?
FX Translation
If the premium from selling the options contract is received in $USD, do I convert it to $AUD on that day it is received?
ATO response:
Subsection 960-50(6), Item 5 of the Income Tax Assessment Act 1997 (ITAA 1997) states the amount should be translated at the time of the transaction or event for the purposes of the Capital Gains Tax provisions. For the purpose of granting an option to an entity, the time of the event is when you grant the option (subsection 104-20(2) ITAA 1997).
This is a very detailed response which even refers to the level of which section in the law it is coming from. I now know that I need to translate my trades from $USD to $AUD according to the RBA's translation rates for every single trade.
But what about gains or losses on translation?
There is one major rule that overrides FX gains and losses after digging deeper. The ATO has a "$250k balance election". This will probably apply to a lot of people trading in balances below $250k a lot of the FX rules don't apply. It states:
However, the $250,000 balance election broadly enables you to disregard certain foreign currency gains and losses on certain foreign currency denominated bank accounts and credit card accounts (called qualifying forex accounts) with balances below a specified limit.
Therefore, I'm all good disregarding FX gains and losses! I just need to ensure I translate my trades on the day they occurred. It's a bit of extra admin to do unfortunately, but it is what it is.

Credit Trades

This is the scenario where we SELL a position first, collect premium, and close the position by making an opposite BUY order. Selling a naked PUT, for example.
What happens when you open the position? ATO Response:
The option is grantedCGT event D2 happens when a taxpayer grants an option. The time of the event is when the option is granted. The capital gain or loss arising is the difference between the capital proceeds and the expenditure incurred to grant the option.
This seems straight forward. We collect premium and record a capital gain.
What happens when you close the position? ATO Response:
Closing out an optionThe establishment of an ETO contract is referred to as opening a position (ASX Explanatory Booklet 'Understanding Options Trading'). A person who writes (sells) a call or put option may close out their position by taking (buying) an identical call or put option in the same series. This is referred to as the close-out of an option or the closing-out of an opening position.
CGT event C2 happens when a taxpayer's ownership of an intangible CGT asset ends. Paragraph 104-25(1)(a) of the ITAA 1997 provides that ownership of an intangible CGT asset ends by cancellation, surrender, or release or similar means.
CGT event C2 therefore happens to a taxpayer when their position under an ETO is closed out where the close-out results in the cancellation, release or discharge of the ETO.
Under subsection 104-25(3) of the ITAA 1997 you make a capital gain from CGT event C2 if the capital proceeds from the ending are more than the assets cost base. You make a capital loss if those capital proceeds are less than the assets reduced cost base.
Both CGT events (being D2 upon granting the option and C2 upon adopting the close out position) must be accounted for if applicable to a situation.
My take on this is that the BUY position that cancels out your SELL position will most often simply realise a capital loss (the entire portion of your BUY position). In effect, it 'cancels out' your original premium sold, but it's not recorded that way, it's recorded as two separate CGT events - your capital gain from CGT event D2 (SELL position), then, your capital loss from CGT event C2 (BUY position) is also recorded. In effect, they net each other out, but you don't record them as a 'netted out' number - you record them separately.
From what I understand, if you were trading as a sole tradecompany then you would record them as a netted out capital gain or loss, because the trades would be classified as trading stock but not in our case here as an individual person trading options. The example I've written below should hopefully make that clearer.
EXAMPLE:
Trade on 1 July 2020: Open position
Trade on 15 July 2020: Close position
We can see from this simple example that even though you made a gain on those trades, you still have to record the transactions separately, as first a gain, then as a loss. Note that it is not just a matter of netting off the value of the net profit collected and converting the profit to $AUD because the exchange rate will be different on the date of the opening trade and on the date of the closing trade we have to record them separately.

What if you don't close the position and the options are exercised? ATO Response:
The option is granted and then the option is exercisedUnder subsection 104-40(5) of the Income Tax Assessment Act 1997 (ITAA 1997) the capital gain or loss from the CGT event D2 is disregarded if the option is exercised. Subsection 134-1(1), item 1, of the ITAA 1997 refers to the consequences for the grantor of the exercise of the option.
Where the option binds the grantor to dispose of a CGT asset section 116-65 of the ITAA 1997 applies to the transaction.
Subsection 116-65(2) of the ITAA 1997 provides that the capital proceeds from the grant or disposal of the shares (CGT asset) include any payment received for granting the option. The disposal of the shares is a CGT event A1 which occurs under subsection 104-10(3) of the ITAA 1997 when the contract for disposal is entered into.
You would still make a capital gain at the happening of the CGT event D2 in the year the event occurs (the time the option is granted). That capital gain is disregarded when the option is exercised. Where the option is exercised in the subsequent tax year, the CGT event D2 gain is disregarded at that point. An amendment may be necessary to remove the gain previously included in taxable income for the year in which the CGT event D2 occurred.
This scenario is pretty unlikely - for me personally I never hold positions to expiration, but it is nice to know what happens with the tax treatment if it ultimately does come to that.

Debit Trades

What about the scenario when you want to BUY some options first, then SELL that position and close it later? Buying a CALL, for example. This case is what the ATO originally thought my request was about before I clarified with them. They stated:
When you buy an ETO, you acquire an asset (the ETO) for the amount paid for it (that is, the premium) plus any additional costs such as brokerage fees and the Australian Clearing House (ACH) fee. These costs together form the cost base of the ETO (section 109-5 of the ITAA 1997). On the close out of the position, you make a capital gain or loss equal to the difference between the cost base of the ETO and the amount received on its expiry or termination (subsection 104-25(3) of the ITAA 1997). The capital gain or loss is calculated on each parcel of options.
So it seems it is far easier to record debit trades for tax purposes. It is easier for the tax office to see that you open a position by buying it, and close it by selling it. And in that case you net off the total after selling it. This is very similar to a trading shares and the CGT treatment is in effect very similar (the main difference is that it is not coming under CGT event A1 because there is no asset to dispose of, like in a shares or property trade).

Other ATO Info (FYI)

The ATO also referred me to the following documents. They relate to some 'decisions' that they made from super funds but the same principles apply to individuals they said.
The ATO’s Interpretative Decision in relation to the tax treatment of premiums payable and receivable for exchange traded options can be found on the links below. Please note that the interpretative decisions below are in relation to self-managed superannuation funds but the same principles would apply in your situation [as an individual taxpayer, not as a super fund].
Premiums Receivable: ATO ID 2009/110

Some tips

submitted by cheese-mate-chen-c to options [link] [comments]

What do regulators say about BitQT ?

What do regulators say about BitQT ?

We discovered that it is so convenient to create a deposit. There are different on-line payment platforms to settle on from, for our initial live trading session, we have a tendency to created a deposit by doing an instantaneous bank transfer from our account into the BitQT account. The transaction was completed in seconds.
Live trading with BitQT

https://preview.redd.it/zrxveikvhim51.png?width=975&format=png&auto=webp&s=524850e4ff5890df2a7c25e4213090444bf46255
This is often the best part; we have a tendency to started our live trading session early within the morning and ended it when six hours. During the live trading session, we have a tendency to hardly required to try to to something except activating the live trading robot with a click. After the live trading session started, we had nothing else to try and do, the trading robot took complete control, and it automatically selected and completed the best deals out there.BitQT success
What we have a tendency to suppose concerning BitQ
Here are the most points we noted while testing the essential options of BitQT
We tend to attributed the high win rate for the majority of the finished transactions to the quick trading system. It's straightforward to see why thus many investors have continued using their BitQT
We tested the online customer service, and it is glorious. The customer service is on-line twenty fouseven, and there are not any lapses in the trading system. We tend to were impressed with the courtesy and high-level priority given to our case after we sought facilitate from the customer care team
The possibilities of experiencing hacking or information breach on BitQT are terribly low. There is a secure online antivirus and malware network that keeps the user data and information regarding funding secret

We tested BitQT on smartphones and laptops to grasp if the system is responsive. We have a tendency to can confirm that each user will trade with their smartphones or laptops. This is often terribly convenient for people who would really like to monitor their trading sessions while outdoors.BitQT benefits

Here are some tips that will facilitate new investors to urge the maximum edges from trading with BitQT;

It is better to start with a little deposit;BitQTallows users to begin trading with as low as $250, that is excellent for brand new users.
Always withdraw your profit after earning. This can be a great plan for everyone.
Reinvest the capital; to continue the earning cycle, it's best to reinvest the capital.
Realize a mentor online; you'll be able to get helpful data about the crypto market by following a mentor and crypto trading skilled on social media
BitQT has been created for everybody; it's user-friendly and profitable. We encourage our audience to join us, begin making money from the crypto market each day.
© 20twenty Straightforward To Browse • Powered by GeneratePress

BitQT BQ could be a laptop program that trades bitcoin CFDs automatically. The program claims to rely on advanced AI technologies to conduct trading research execution with a supposed win rate of up to 99p.c. BitQT BQ appears widespread with passive on-line investors, providing it is easy to use for all and doesn’t require a lot of your time to operate
It's conjointly said to require solely a tiny minimum capital deposit ($250) and reportedly generates up to $1k in daily profits from such a little account. However is BitQT BQ legit and if so, does it earn its users the said profits
As usual, we tend to have conducted a thorough investigation to determine if this bot is legit. We have a tendency to will gift our findings in this review and offer tips to assist you get started with it
https://preview.redd.it/4my2soawhim51.png?width=1046&format=png&auto=webp&s=515978aeca1497910fb83c4168326888697ef07a
BitQT BQ App reviewWhat is BitQT App?How will BitQT App work?Getting started with BitQT BQ
STEP ONE: Register a free accountSTEP 2: Verify ID with the underlying brokerSTEP 3: Deposit at least 250 USD as trading capitalSTEP FOUR: Trade with a demo accountSTEP FIVE: Live tradingIs BitQT BQ legit? The verdict!FAQsWhat is BitQT BQ App?Is BitQT App a Ponzi scheme?How much ought to I invest with BitQT BQ?How do I withdraw the supposed profits from BitQT BQ app?

Our criteria for determining the legitimacy of BitQT BQ took under consideration multiple factors, together with transparency, reputation, safety, simple use, and client service. The findings are summarized below.

BitQT BQ creates a transparent trading ecosystem through the coveted blockchain technology. This technology makes it possible for users to watch their accounts in real-time and raises disputes through smart contracts.
The robot has an glorious reputation with a rating of on ForexPeaceArmy when nearly 6k reviews.
We can make sure that a minimum of 95% of BitQTBQ reviewers report a positive experience with this robot.
BitQT BQ additionally scores exceptionally well in customer service. Users are pleased with how fast customer care responds and the way knowledgeable they are.
We tend to have additionally conducted background checks on Bitcoin BitQT partner brokers, and they seem well regulated and reputable.
BitQT BQ ensures users data privacy by applying 128-bit key encryption on all its platforms. It additionally appears to go with information privacy measures among them the EU General Knowledge Protection Regulation (GDPR)
As mentioned above, BitQT BQ may be a robot for all. Scan our Bitcoin Robot review for the fundamentals of auto trading.
What is BitQT App?
cribes itself as a highly specialised and powerful pc algorithm that automatically conducts the trading functions of an skilled BTC CFDs trader.
https://www.cryptoerapro.com/bitqt/

http://www.cryptoerapro.com/

https://twitter.com/cryptoerapro

https://www.instagram.com/cryptoerapro/

https://www.pinterest.co.uk/cryptoerapro/

https://www.facebook.com/cryptoerapro
submitted by Anteater_Same to u/Anteater_Same [link] [comments]

Trader Experience Showcase

So, Im aplying for a professional forex trading position in a financial services company. I passed on the first round of interviews and tests and the next one is what they call a "trader experience showcase" in which I use 200€ of my own money in an account during 20 workdays and i have to do at least 2 trades per day. It was also given to me a trading journal in wich I have to record the trades and in the last day I will send that to them. The account apparently is also an evaluation tool since they say it can measure my psychological aptitude for the role of a trader.
I have delved into forex for at least 4 years, intermitently trading because I was also at university. I have a plan but in the periods that I traded I usually ended up breaking even. From what i have read the companies dont look for an extraordinarily profitable trader but rather the consistency and the strictness usage of a trading plan.
So any of you have gone through this process? Can you give me any tips? If i end up with a negative balance will that be bad or what really matters is the following of a plan?
submitted by uberprimata to Forex [link] [comments]

Surge of New Forex Traders? Read this!

I've noticed that about 2,000 people have joined the Forex community in the recent weeks. Has anyone else noticed this? I suspect this is because of the lay offs due to the corona virus, and people are frantically looking for ways to supplement their incomes. While I'm glad that people are trying to better themselves and take control of their financial situations, I have to admit that the daily "newbie" questions are getting quite annoying. And it's not because there are new, inexperienced traders asking for help, but it's because the questions are more-less the same questions. I know there is a pinned "New Traders" section at the top of the thread, but it seems it isn't catching much traction.
But first, to the new traders I'd first like to say:

Welcome! This will be a tough journey, but it will pay in dividends (not literally).
A couple tips before we start:
FIRST, see the pinned New Traders section of Forex
SECOND, go to babypips and take their FREE courses where you will learn the basics. I never did because I'm an idiot, and it took me many years of trial and error to succeed in this game. Don't be a lemon like me, go to babypips.
Now my basics;
Always have at least a 1:2 Risk:Reward. Simply put, risk at least $1 for $2.
Always set a stop loss and take profit.
In the beginning, I find it best to give new traders a black or white, go-or-no-go trading strategy. Trade mechanically. While discretionary trading is profitable, you need years of experience and time in the charts to be good at it. It could be something like, "I only trade low volatility break outs on the 4hr. Any candle below x ATR and I will enter via stop order at the high/low of that candle. My sl will be at the high/low of the entry candle, and I will look to make at least 2 reward on that trade. I will risk 1% per trade, even on demo, and I will trade in the direction of a 10 period moving average" This is a VERY crude strategy, one I just pulled out of my ass, so don't go using it and blowing your accounts!
I recommend starting with 1 pair in the beginning, at MOST 3. And I recommend not swapping into different pairs. Keep those 1-3 pairs.
Once babypips is completed, demo trade. Put time in the charts and develop a strategy (mechanically, preferably). Your strategy could be as complex or as simple as you like. Simplicity is genius in my opinion, but you do you. I'm not trying to sound like an ass, but everything you really needed to learn you learned from babypips.
With that said, DO NOT pay for courses from ANYONE. They will often know the same as you, if not less. In my opinion to be really great in this game you don't need a lot of information., and capitalize on every opportunity. You just need to be really good at one style and max that the hell out. For instance, being really good at low volatility breakouts, and having a system based off that. No amount of schooling (high school, college, or courses via Forex gurus) will make you successful. It's one thing to know a strategy, but to implement it in real time with real consequences is daunting. The only way to conquer this is to simply do it. Trade.
Trade with an amount of money you can emotionally and financially afford to lose! I would even recommend starting a live account with $50 and only trading micro lots (0.01) until you become comfortable and your strategy proves successful. This is AFTER demo trading your strategy.
Master yourself before you master the markets. Work out. Feed your brain. Get enough sleep. The money you make or lose isn't worth your health.
Psychology. In my opinion the best psychology you can have while trading is a form of stoicism. You've placed your trade based off your strategy, you managed your trade based off your strategy, and you risked an amount you've told yourself you were comfortable losing with an account you told yourself you were comfortable blowing, so what's the worry? Why the second guessing? Everyone's heard that story, right? Where a man goes to a successful "guru" and says he wants to be successful. The guru says, "Ok. Show up at the beach this time tomorrow." The man shows up at the beach in a suit and tie, ready for success! The guru tells him to get in the water. Once in, the guru holds the mans head under the water, drowning him. At the last second the guru lets him up and says, "once you want success as much you wanted to breathe, you'll be successful. That's what you need to be like. You need to be willing to do what is necessary and put in the work. It's not easy. You're going to lose money, maybe even blow accounts. You may struggle for years without a return, or even lose money over that time. How bad do you want it success, though? And are you willing to drown to attain it?
Best of luck new traders!
Experienced traders, please feel free to add things or tell me I'm a goof in the comments.
submitted by SandfordKing to Forex [link] [comments]

Everything You Always Wanted To Know About Swaps* (*But Were Afraid To Ask)

Hello, dummies
It's your old pal, Fuzzy.
As I'm sure you've all noticed, a lot of the stuff that gets posted here is - to put it delicately - fucking ridiculous. More backwards-ass shit gets posted to wallstreetbets than you'd see on a Westboro Baptist community message board. I mean, I had a look at the daily thread yesterday and..... yeesh. I know, I know. We all make like the divine Laura Dern circa 1992 on the daily and stick our hands deep into this steaming heap of shit to find the nuggets of valuable and/or hilarious information within (thanks for reading, BTW). I agree. I love it just the way it is too. That's what makes WSB great.
What I'm getting at is that a lot of the stuff that gets posted here - notwithstanding it being funny or interesting - is just... wrong. Like, fucking your cousin wrong. And to be clear, I mean the fucking your *first* cousin kinda wrong, before my Southerners in the back get all het up (simmer down, Billy Ray - I know Mabel's twice removed on your grand-sister's side). Truly, I try to let it slide. I do my bit to try and put you on the right path. Most of the time, I sleep easy no matter how badly I've seen someone explain what a bank liquidity crisis is. But out of all of those tens of thousands of misguided, autistic attempts at understanding the world of high finance, one thing gets so consistently - so *emphatically* - fucked up and misunderstood by you retards that last night I felt obligated at the end of a long work day to pull together this edition of Finance with Fuzzy just for you. It's so serious I'm not even going to make a u/pokimane gag. Have you guessed what it is yet? Here's a clue. It's in the title of the post.
That's right, friends. Today in the neighborhood we're going to talk all about hedging in financial markets - spots, swaps, collars, forwards, CDS, synthetic CDOs, all that fun shit. Don't worry; I'm going to explain what all the scary words mean and how they impact your OTM RH positions along the way.
We're going to break it down like this. (1) "What's a hedge, Fuzzy?" (2) Common Hedging Strategies and (3) All About ISDAs and Credit Default Swaps.
Before we begin. For the nerds and JV traders in the back (and anyone else who needs to hear this up front) - I am simplifying these descriptions for the purposes of this post. I am also obviously not going to try and cover every exotic form of hedge under the sun or give a detailed summation of what caused the financial crisis. If you are interested in something specific ask a question, but don't try and impress me with your Investopedia skills or technical points I didn't cover; I will just be forced to flex my years of IRL experience on you in the comments and you'll look like a big dummy.
TL;DR? Fuck you. There is no TL;DR. You've come this far already. What's a few more paragraphs? Put down the Cheetos and try to concentrate for the next 5-7 minutes. You'll learn something, and I promise I'll be gentle.
Ready? Let's get started.
1. The Tao of Risk: Hedging as a Way of Life
The simplest way to characterize what a hedge 'is' is to imagine every action having a binary outcome. One is bad, one is good. Red lines, green lines; uppie, downie. With me so far? Good. A 'hedge' is simply the employment of a strategy to mitigate the effect of your action having the wrong binary outcome. You wanted X, but you got Z! Frowny face. A hedge strategy introduces a third outcome. If you hedged against the possibility of Z happening, then you can wind up with Y instead. Not as good as X, but not as bad as Z. The technical definition I like to give my idiot juniors is as follows:
Utilization of a defensive strategy to mitigate risk, at a fraction of the cost to capital of the risk itself.
Congratulations. You just finished Hedging 101. "But Fuzzy, that's easy! I just sold a naked call against my 95% OTM put! I'm adequately hedged!". Spoiler alert: you're not (although good work on executing a collar, which I describe below). What I'm talking about here is what would be referred to as a 'perfect hedge'; a binary outcome where downside is totally mitigated by a risk management strategy. That's not how it works IRL. Pay attention; this is the tricky part.
You can't take a single position and conclude that you're adequately hedged because risks are fluid, not static. So you need to constantly adjust your position in order to maximize the value of the hedge and insure your position. You also need to consider exposure to more than one category of risk. There are micro (specific exposure) risks, and macro (trend exposure) risks, and both need to factor into the hedge calculus.
That's why, in the real world, the value of hedging depends entirely on the design of the hedging strategy itself. Here, when we say "value" of the hedge, we're not talking about cash money - we're talking about the intrinsic value of the hedge relative to the the risk profile of your underlying exposure. To achieve this, people hedge dynamically. In wallstreetbets terms, this means that as the value of your position changes, you need to change your hedges too. The idea is to efficiently and continuously distribute and rebalance risk across different states and periods, taking value from states in which the marginal cost of the hedge is low and putting it back into states where marginal cost of the hedge is high, until the shadow value of your underlying exposure is equalized across your positions. The punchline, I guess, is that one static position is a hedge in the same way that the finger paintings you make for your wife's boyfriend are art - it's technically correct, but you're only playing yourself by believing it.
Anyway. Obviously doing this as a small potatoes trader is hard but it's worth taking into account. Enough basic shit. So how does this work in markets?
2. A Hedging Taxonomy
The best place to start here is a practical question. What does a business need to hedge against? Think about the specific risk that an individual business faces. These are legion, so I'm just going to list a few of the key ones that apply to most corporates. (1) You have commodity risk for the shit you buy or the shit you use. (2) You have currency risk for the money you borrow. (3) You have rate risk on the debt you carry. (4) You have offtake risk for the shit you sell. Complicated, right? To help address the many and varied ways that shit can go wrong in a sophisticated market, smart operators like yours truly have devised a whole bundle of different instruments which can help you manage the risk. I might write about some of the more complicated ones in a later post if people are interested (CDO/CLOs, strip/stack hedges and bond swaps with option toggles come to mind) but let's stick to the basics for now.
(i) Swaps
A swap is one of the most common forms of hedge instrument, and they're used by pretty much everyone that can afford them. The language is complicated but the concept isn't, so pay attention and you'll be fine. This is the most important part of this section so it'll be the longest one.
Swaps are derivative contracts with two counterparties (before you ask, you can't trade 'em on an exchange - they're OTC instruments only). They're used to exchange one cash flow for another cash flow of equal expected value; doing this allows you to take speculative positions on certain financial prices or to alter the cash flows of existing assets or liabilities within a business. "Wait, Fuzz; slow down! What do you mean sets of cash flows?". Fear not, little autist. Ol' Fuzz has you covered.
The cash flows I'm talking about are referred to in swap-land as 'legs'. One leg is fixed - a set payment that's the same every time it gets paid - and the other is variable - it fluctuates (typically indexed off the price of the underlying risk that you are speculating on / protecting against). You set it up at the start so that they're notionally equal and the two legs net off; so at open, the swap is a zero NPV instrument. Here's where the fun starts. If the price that you based the variable leg of the swap on changes, the value of the swap will shift; the party on the wrong side of the move ponies up via the variable payment. It's a zero sum game.
I'll give you an example using the most vanilla swap around; an interest rate trade. Here's how it works. You borrow money from a bank, and they charge you a rate of interest. You lock the rate up front, because you're smart like that. But then - quelle surprise! - the rate gets better after you borrow. Now you're bagholding to the tune of, I don't know, 5 bps. Doesn't sound like much but on a billion dollar loan that's a lot of money (a classic example of the kind of 'small, deep hole' that's terrible for profits). Now, if you had a swap contract on the rate before you entered the trade, you're set; if the rate goes down, you get a payment under the swap. If it goes up, whatever payment you're making to the bank is netted off by the fact that you're borrowing at a sub-market rate. Win-win! Or, at least, Lose Less / Lose Less. That's the name of the game in hedging.
There are many different kinds of swaps, some of which are pretty exotic; but they're all different variations on the same theme. If your business has exposure to something which fluctuates in price, you trade swaps to hedge against the fluctuation. The valuation of swaps is also super interesting but I guarantee you that 99% of you won't understand it so I'm not going to try and explain it here although I encourage you to google it if you're interested.
Because they're OTC, none of them are filed publicly. Someeeeeetimes you see an ISDA (dsicussed below) but the confirms themselves (the individual swaps) are not filed. You can usually read about the hedging strategy in a 10-K, though. For what it's worth, most modern credit agreements ban speculative hedging. Top tip: This is occasionally something worth checking in credit agreements when you invest in businesses that are debt issuers - being able to do this increases the risk profile significantly and is particularly important in times of economic volatility (ctrl+f "non-speculative" in the credit agreement to be sure).
(ii) Forwards
A forward is a contract made today for the future delivery of an asset at a pre-agreed price. That's it. "But Fuzzy! That sounds just like a futures contract!". I know. Confusing, right? Just like a futures trade, forwards are generally used in commodity or forex land to protect against price fluctuations. The differences between forwards and futures are small but significant. I'm not going to go into super boring detail because I don't think many of you are commodities traders but it is still an important thing to understand even if you're just an RH jockey, so stick with me.
Just like swaps, forwards are OTC contracts - they're not publicly traded. This is distinct from futures, which are traded on exchanges (see The Ballad Of Big Dick Vick for some more color on this). In a forward, no money changes hands until the maturity date of the contract when delivery and receipt are carried out; price and quantity are locked in from day 1. As you now know having read about BDV, futures are marked to market daily, and normally people close them out with synthetic settlement using an inverse position. They're also liquid, and that makes them easier to unwind or close out in case shit goes sideways.
People use forwards when they absolutely have to get rid of the thing they made (or take delivery of the thing they need). If you're a miner, or a farmer, you use this shit to make sure that at the end of the production cycle, you can get rid of the shit you made (and you won't get fucked by someone taking cash settlement over delivery). If you're a buyer, you use them to guarantee that you'll get whatever the shit is that you'll need at a price agreed in advance. Because they're OTC, you can also exactly tailor them to the requirements of your particular circumstances.
These contracts are incredibly byzantine (and there are even crazier synthetic forwards you can see in money markets for the true degenerate fund managers). In my experience, only Texan oilfield magnates, commodities traders, and the weirdo forex crowd fuck with them. I (i) do not own a 10 gallon hat or a novelty size belt buckle (ii) do not wake up in the middle of the night freaking out about the price of pork fat and (iii) love greenbacks too much to care about other countries' monopoly money, so I don't fuck with them.
(iii) Collars
No, not the kind your wife is encouraging you to wear try out to 'spice things up' in the bedroom during quarantine. Collars are actually the hedging strategy most applicable to WSB. Collars deal with options! Hooray!
To execute a basic collar (also called a wrapper by tea-drinking Brits and people from the Antipodes), you buy an out of the money put while simultaneously writing a covered call on the same equity. The put protects your position against price drops and writing the call produces income that offsets the put premium. Doing this limits your tendies (you can only profit up to the strike price of the call) but also writes down your risk. If you screen large volume trades with a VOL/OI of more than 3 or 4x (and they're not bullshit biotech stocks), you can sometimes see these being constructed in real time as hedge funds protect themselves on their shorts.
(3) All About ISDAs, CDS and Synthetic CDOs
You may have heard about the mythical ISDA. Much like an indenture (discussed in my post on $F), it's a magic legal machine that lets you build swaps via trade confirms with a willing counterparty. They are very complicated legal documents and you need to be a true expert to fuck with them. Fortunately, I am, so I do. They're made of two parts; a Master (which is a form agreement that's always the same) and a Schedule (which amends the Master to include your specific terms). They are also the engine behind just about every major credit crunch of the last 10+ years.
First - a brief explainer. An ISDA is a not in and of itself a hedge - it's an umbrella contract that governs the terms of your swaps, which you use to construct your hedge position. You can trade commodities, forex, rates, whatever, all under the same ISDA.
Let me explain. Remember when we talked about swaps? Right. So. You can trade swaps on just about anything. In the late 90s and early 2000s, people had the smart idea of using other people's debt and or credit ratings as the variable leg of swap documentation. These are called credit default swaps. I was actually starting out at a bank during this time and, I gotta tell you, the only thing I can compare people's enthusiasm for this shit to was that moment in your early teens when you discover jerking off. Except, unlike your bathroom bound shame sessions to Mom's Sears catalogue, every single person you know felt that way too; and they're all doing it at once. It was a fiscal circlejerk of epic proportions, and the financial crisis was the inevitable bukkake finish. WSB autism is absolutely no comparison for the enthusiasm people had during this time for lighting each other's money on fire.
Here's how it works. You pick a company. Any company. Maybe even your own! And then you write a swap. In the swap, you define "Credit Event" with respect to that company's debt as the variable leg . And you write in... whatever you want. A ratings downgrade, default under the docs, failure to meet a leverage ratio or FCCR for a certain testing period... whatever. Now, this started out as a hedge position, just like we discussed above. The purest of intentions, of course. But then people realized - if bad shit happens, you make money. And banks... don't like calling in loans or forcing bankruptcies. Can you smell what the moral hazard is cooking?
Enter synthetic CDOs. CDOs are basically pools of asset backed securities that invest in debt (loans or bonds). They've been around for a minute but they got famous in the 2000s because a shitload of them containing subprime mortgage debt went belly up in 2008. This got a lot of publicity because a lot of sad looking rednecks got foreclosed on and were interviewed on CNBC. "OH!", the people cried. "Look at those big bad bankers buying up subprime loans! They caused this!". Wrong answer, America. The debt wasn't the problem. What a lot of people don't realize is that the real meat of the problem was not in regular way CDOs investing in bundles of shit mortgage debts in synthetic CDOs investing in CDS predicated on that debt. They're synthetic because they don't have a stake in the actual underlying debt; just the instruments riding on the coattails. The reason these are so popular (and remain so) is that smart structured attorneys and bankers like your faithful correspondent realized that an even more profitable and efficient way of building high yield products with limited downside was investing in instruments that profit from failure of debt and in instruments that rely on that debt and then hedging that exposure with other CDS instruments in paired trades, and on and on up the chain. The problem with doing this was that everyone wound up exposed to everybody else's books as a result, and when one went tits up, everybody did. Hence, recession, Basel III, etc. Thanks, Obama.
Heavy investment in CDS can also have a warping effect on the price of debt (something else that happened during the pre-financial crisis years and is starting to happen again now). This happens in three different ways. (1) Investors who previously were long on the debt hedge their position by selling CDS protection on the underlying, putting downward pressure on the debt price. (2) Investors who previously shorted the debt switch to buying CDS protection because the relatively illiquid debt (partic. when its a bond) trades at a discount below par compared to the CDS. The resulting reduction in short selling puts upward pressure on the bond price. (3) The delta in price and actual value of the debt tempts some investors to become NBTs (neg basis traders) who long the debt and purchase CDS protection. If traders can't take leverage, nothing happens to the price of the debt. If basis traders can take leverage (which is nearly always the case because they're holding a hedged position), they can push up or depress the debt price, goosing swap premiums etc. Anyway. Enough technical details.
I could keep going. This is a fascinating topic that is very poorly understood and explained, mainly because the people that caused it all still work on the street and use the same tactics today (it's also terribly taught at business schools because none of the teachers were actually around to see how this played out live). But it relates to the topic of today's lesson, so I thought I'd include it here.
Work depending, I'll be back next week with a covenant breakdown. Most upvoted ticker gets the post.
*EDIT 1\* In a total blowout, $PLAY won. So it's D&B time next week. Post will drop Monday at market open.
submitted by fuzzyblankeet to wallstreetbets [link] [comments]

How Successful Is Day Trading?

How Successful Is Day Trading?
Is day trading profitable?
No one can deny that day trading is one of the most incredible methods to earn money. With no doubt, Day trading is profitable if you correctly trade the financial market. If you are looking for a short move, then this trading term is the best suit for you.
So what are the hacks do I need to follow?
Hacks? Huh! No hacks will work if you have zero tolerance on your trading psychology. I don't know whether or not you heard any successful day trader's name before. I have found a man as a successful day trader who made $222,244.91 repeatedly in 2016.
According to his findings, day trading is nothing but a battlefield. Know who is the enemy and need to draw simple strategies to beat them.
How Successful Is Day Trading?
Most of the cases, people choose day trading for a living. However, the master of the trading world mostly chooses this way to earn more in a short time. Move each step with full concentration as you have to buy and sell financial instruments within the same trading day.

How Successful Is Day Trading?
Do I need to have a professional window to start day trading?
Not at all. You need not buy a fancy laptop or desktop to trade for the financial market. You just need a fast internet connection and a reliable trading broker.
However, deciding what instrument to trade and the capital amount is not only the term that you need to follow but also having a proper trading software, risk management tricks including the best trading time is necessary.
According to our research, we found that——a pattern day trader executes four or more "day trades" within five business days.
TIPS: For forex and options traders, one of the best ways to practice day trading by using the BinBot Pro software that let you trade the most volatile market. If you are looking for a broker, then I will definitely recommend the Derive platform.
The important part is that, as a day trader, you need not stick with your system all day long. Just make a perfect plan before entering the market and spend only three to four hours a day to enjoy the creamy bun from the market.
submitted by Ashton_Bran to u/Ashton_Bran [link] [comments]

Day #2 of my Forex Journey

Real quick before I get into my next steps of my FX Journey, id like to say thank you to all the people who commented on my last post! All of the tips I got were really eye-opening and introduced me to different parts of FX trading that I didn't even know existed. So thank you so much, and I hope to get more interesting feedback from you guys in the future! Also Im going to probably change my writing frequency from daily to biweekly. I think writing about every little trade is not going to be as beneficial to me as writing about my overall progress at certain points throughout the week.
I started this trading day out by learning up on order flow. A whole bunch of you guys suggested really interesting youtubers to watch, and I started with Mr. pip's series on order flow. After I finished up watching a few of his videos, I started to tweak my trading plan so that I could get in some chart time. I changed currency pair from EUUSD to the AUD/USD, the time frame from the 4 hour to the 1 hour, and my indicators from RSI, Stochastic, 2 SMAs and ADX to ATR, RSI, and Ichimoku Kinko Hyo. I also added a little fundamental analysis in my trading plan because I think that I am being far too reliant on my indicators. I planned to check the economic calendar and determine the general trend of the currency pairs that are strongly correlated to the AUD/USD before I began my chart analysis. In addition to all of my analysis, I tried to practice using the techniques I learned in Mr. Pip's videos and analyze the order flow of the chart. Even if my analysis of order flow is wrong, as long as I am getting practice I am learning.
Eventhough I planned to use today to back-test indicators and find a solid new plan, I did not have enough time. I ended up getting on my demo account really late in the day, and started to force myself to enter a trade. Destructive habits like this could lead into some massive issues when I eventually get into live trading. To combat this harmful attitude specifically, I will restrict myself to trading on certain parts of the day (for example session overlaps, news releases, and earlier in the day). Despite this mistake I still continued with my trading strategy. I calculated all the currency correlations for AUS/USD using the past weeks economic data, and set my indicators in place. After checking the overall trend of the most strongly correlated pairs (Positive: EUUSD, GPB/USD, Negative: USD/CAD, USD/JPY) I started to analyze the order flow. All the correlated currencies, except for EUUSD, indicated that the AUD/USD would fall, while my order flow analysis indicated the opposite. Seeing as though I am extremely new to order flow, I dismissed this analysis, and ended up forcing a trade on the AUD/USD going short when my indicators seemed to line up correctly. I learned from last time that I should not alter or close my trade purely based on emotion, and to just wait till the market hits my stop loss or take profit. I included a trailing stop loss of 60 pips this time, but I have no evidence to base that number range on. The trade is currently open and I am down about 30 pips.
Although I am not labeling this trade as a loser yet, I can definitely see a lot of holes in my trading strategy. The most obvious mistake in my eyes right now is my use of indicators. Currently all my trades are purely based on what my indicators say, and since I do not have any back-tested data to support the credibility of my indicators, it feels a lot like strategic gambling. Another issue is that I feel far too reliant on indicators alone. I think that if I can find ways to include various types of analysis efficiently and evenly in my trading plan I will become a much more skillful and well-rounded trader. In order to combat these two issues I will begin forming various types of trading strategies this weekend and back-test them all extensively. I also plan on researching more on price action, order flow, and Naked Forex.
Once again any and all feedback is welcome. I am just beginning Forex, but it had been a huge passion of mine and I don't plan on stopping anytime soon.
submitted by Aman-1127 to Forex [link] [comments]

Forex Trading in Kenya.

Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while.
FIRST OF ALL, who am I..?
I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since.
I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass.
What the fuck is forex and forex trading.
In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend.
These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell)
Is forex trading illegal in Kenya? Is it a scam?
Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019)
Have there been scams involving forex in Kenya?
Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable.
However, by the end of this post, I hope you won’t fall for such silliness.
What next how do I make it work..?
Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that.
The second route is more practical, structured and smarter.
First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car.
Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored.
The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc
Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you.
Here are some nice YouTube channels to watch. These guys are legit..
  1. Sam sieden
  2. Cuebanks
  3. TheCoinFx
  4. The trading channel
  5. Astro
  6. Forex family
  7. Wicksdontlie
Advanced stuff
  1. ICT
After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off.
How long will it take until things start making sense
Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee.
Social media, Mentality, Psychology and Books
Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed.
Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you.
Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch.
Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn.
This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts.
Brokers
You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it.
Money transfer.
All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.)
How much money can I make..?
I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make.
How much money do I need to start with..?
Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds.
Taxes..?
Talk to a lawyer or an accountant. I am neither.
Family? Friends?
Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it.
The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together.
Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job.
And now it is 5am, fuck.
This is oversimplified and leaves out many many aspects.
Happy to answer any questions.
submitted by ChaliFlaniwaNairobi to Kenya [link] [comments]

Free TRX

If you're looking for a way to earn free trx, there are many ways that you can go about doing so. These ways, in order from easy to hard, are: Sign up for a reliable trx webste. Setup an online private wallet. Earn free trx via an iPhone application. In this article, I'm going to describe each of these methods and how they can help you make free trx!
If you don't already have a reliable coin trading community, it's important to take the time to do so before you start looking for a place to get involved in this exciting industry. You'll quickly realize that the more people you know in this field, the more likely it is that you'll be able to trade freely. This is one of the most important reasons to become part of a community.
My first tip is to join a great place to learn about trading. There are literally dozens of great sites out there that cover every aspect of this industry. If you want to earn free trx, you should definitely do your research and find a great place to learn about it.
My second tip is to set up your very own online private wallets to earn free trx. You can do this in two ways. Either get a software program that allows you to trade for free with no risk or create your own wallet with your personal details and generate income with it. Both methods work well and can produce some good income.
My third tip is to buy some free trx from people that you know. This can be a very lucrative way of making some extra money on the side. If you don't want to spend too much money initially, buying a few coins and selling them off again can work really well.
Hopefully, after reading through this article you'll have a much better idea of how to get started earning free trx. If you follow my advice, you should soon be seeing some nice profits!
Online trading is a very fun way to earn money online and it's a great way to learn the ins and outs of how to become an expert in this field. Once you're used to it, you can also set up your own website to help you sell other people's cryptos and profit as well.
When you're trading with other currencies, your margins tend to be lower compared to the ones you would get in Forex trading, but you'll make a lot more money in this industry. The reason for this is because you trade multiple currencies on a daily basis.
The great thing about this is that you can get started trading Forex on autopilot with just a few mouse clicks. It's very convenient and very fast. Plus, there are literally hundreds of Forex traders out there willing to help you.
submitted by Tawdry_Bath_ to FreeTRX [link] [comments]

Do Not Trade What You Think,Trade What You See,

Do Not Trade What You Think,Trade What You See,

Do Not Trade What You Think,Trade What You See,

-Daniel, who was probably inspired by the motto of our FTMO T-shirt, shares some helpful tips on how to target the discipline of a trader and have the right attitude when it comes to trade. Experience! -

Trade what you see Not What You Think

Until understanding that FOREX is a random market, I have to admit that I've blown multiple accounts and only a consistent approach can give me some advantage.

I began to trad about 3 years ago. My friend Gary had been interested in the trade and asked me to look into it. I was doubtful at first, but when I spent some time delving into the opportunity, I paid heed that FOREX is the tool that would give me the financial independence I want.

There are around $5.3 Trillion traded on the markets per day, I don't need that many.

My aim is to slowly secure a small portion which will then motivate me to make more contributions to my church, community and homeland.
I do believe that once he recognizes the value of blessing others, one is not really successful.

I am most thankful that FTMO can provide me with access to certain money.
I think it's going to be a marathon, and not a sprint.
I'm not just trying to get rich in one day, but the FOREX market is very unpredictable. My target is a regular average of at least 1 per cent.

Any experienced trader will unambiguously accept that trade is more a matter of science than an art. In other words, this is knowledge of 10 per cent and personality of 90 per cent.

In addition, it has been shown that if the right behavior is not in place a trader may have a winning strategy, but transform into a losing strategy.
As a dealer, I'll build patience and a sixth sense in the FOREX to win.

I'm going to trade from zone to country, because the market appears to withdraw before the bearish or bullish movement persists.

Below is a comprehensive list of all the required steps I will be taking:

  • I'm not going to be revenging on investment and not on investment. I will stop the trading once I meet my goal for the day.
  • I won't get too emotional, cut short on losses. I would eliminate any fallacy, because there is no certainty in the market.
  • I should wake up early to pray and evaluate the market first before trading. Failure to schedule, plans to fail.
  • I will remain disciplined, concentrated and patient as Rome wasn't established in a single day.
  • I'll remain out of the market if I'm uncertain where to go or wait for some impulsive movement.
  • I can swap 4H and 1H from zone to region. I'll skip a 1-minute diagram because it's really skewed and deceptive.
  • I would unswervingly try to understand why if or when I lose a deal, and hopefully stop any repeats.
  • I'm going to follow the trading plan as it will bring financial freedom.
  • I will be researching and testing for any unusual market volatility variables such as news or other external factors.
In conclusion, trading is not as complicated as most believe, but traders prefer not to be impatient as humans, motivated by greed and irrationality.
With the right attitude and the right knowledge, I can see that trading is a success and an instrument for generating income and making a difference.
This is for our long-term relationship.

comprehensive list of all the required steps I will be taking.

Eva " Forex " Canares .
Cheers and Profitable Trading to All.

About FTMO -
They fund forex traders. Just Pass their risk management rules and begin trading for their company. They'll provide you capital up to $300k USD for trading the financial markets. 70% of profits you keep and losses are covered by them. How does it work?
How to Become a Funded Forex ,Stocks or CryptoCurrency Trader?
0
submitted by Eva_Canares to FTMO_Forex_Trading [link] [comments]

5-Step Guide to Winning Forex Trading

Simple trading strategy that consists of simply a few trading rules and requires consideration of a minimum of indicators that could work more effectively, thereby producing successful and profitable trades. Simple market analysis requires nothing more than a candlestick chart, and the ultimate strategy is to trade high-probability candlestick patterns.
Like any other investment avenue, the Forex market has its own characteristics. For a profitable trade, a trader must learn these characteristics through practice, time, and study.
One should keep in mind these tips for a winning Forex trading:
One should keep these basic principles in their mind in order to perfectly enjoy an assured trading advantage!
#forexsignals #stockmarket #profits #forexprofit #tradersmoney #forexmentorship
#investing #forexmoney #forextrade #swingtrading #tradingplan #moneymaking
submitted by Awkward_Divide6466 to u/Awkward_Divide6466 [link] [comments]

Part II - 10 Minute/Day Trading Strategy

Part II - 10 Minute/Day Trading Strategy
Access Part I here: https://www.reddit.com/Forex/comments/h0iwbu/part_i_my_10_minuteday_trading_strategy/
Welcome to Part II of this ongoing series. How many parts will there be? No idea. At least 4-5, I guess. I'd rather have this broken down into digestible chunks than just fire hose you with information.
Part I was really just a primer. If I'm using the whole baking a cake analogy, then in Part I we covered what kind of cake we're baking. I will not cover in this post where we look for entries and exits, that's coming next. Part II is going to cover what ingredients we need and why we need those ingredients in greater detail.
What Kind Of Strategy Is This Again?It's my 10 minutes per day, trading strategy. I think the beauty of this strategy is that it allows you to take a good number of trader per week without having to commit an inordinate amount of time to the screens. This is both a mean reversion and trend-continuation based strategy. It is dead simple to learn and apply. I'd expect a 10 year old to be able to make money with this.
The List Of Ingredients & Why We Use These Particular Ingredients
*I will have an image at the end of the post showing a textbook long and short setup*
Bollinger Bands: Bollinger Bands (BB) have a base line (standard is the 20SMA, which is also what we will use for this strategy) and two other trend lines (known as the upper Bollinger band [UBB] and lower Bollinger band [LBB]) plotted 2 standard deviations away from the 20SMA. The idea behind BB is deviously simple - the vast majority of price action, approx. 90%, takes place in between the two bands. In other words, when price trades off the UBB or LBB, you could consider prices to be overbought/oversold. However, just because something is OVERbought does NOT mean its run is OVER. Therefore we need additional tools to make sure we are using the BB as effectively as possible. TLDR: BB help contextualize where to look for our technical setups using this strategy. Finding the candle/bar pattern is not enough. We need to make sure the setup is in the 'right' part of the chart. We accomplish that using the BB.
Stochastic Oscillator: The Stochastic Oscillator (Stochs) is a secondary momentum indicator. Because it is an oscillator that means the signals it generates are range-bound between 0 and 100. There are tons of momentum indicators out there. Theoretically you could swap out the Stochs for RSI or MACD. My hunch is that you won't see a measurable statistical difference in performance if you do. So why Stochs? Because I like the fact you have the %K and %D lines (you can think of them as moving averages) and the fact that the %K and %D lines crossover is a helpful visual aid. Like any other momentum indicator, the Stochs will generate overbought and oversold signals. We use the Stochs to help back up what the BB are telling us. If price is trading at, or even broken out of, the UBB and Stochs are also veeeery overbought that can be potentially useful information. It doesn't mean we have a trade necessarily, but it is a helpful piece of data.
Fibonacci Retracement & Extension Tool: This tool is OPTIONAL. The only reason I use this tool for this strategy is to integrate a mechanistic means of entry and exit. In other words, we can use fibonacci levels to place limit orders for entry and profit taking, and a stop order to get us out for our pre-defined risk allocation to each particular trade. If you DON'T want to use the fibs, that is perfectly okay. It just means you will add a more discretionary layer to this strategy
Candlestick/Bar Patterns: There isn't a whole lot to say here. We look for ONE formation over, and over, and over again. An indecision bar (small body, doesn't close on its highs or lows) followed by the setup bar which is an outside bar or an engulfing bar. It doesn't particularly matter if the setup bar is an engulfing bar or outside bar. What matters is that for a long trade the setup bar makes a HIGHER HIGH and has a HIGHER CLOSE relative to the indecision bar. The opposite for a short trade setup. The bar formation is what ultimately serves as the trigger for placing orders to take a trade.
*MOVING ON* Now We Get Into The Setup Itself:There are 3 places where we look for trades using this strategy:
  1. Short off the UBB (Here we want to see Stochastics overbought and crossing down. Bearish divergence is even better)
  2. Long off the LBB (Here we want to see Stochastics oversold and crossing up. Bullish divergence is even better)
  3. Long/Short off the Middle Bollinger Band (Here if you are looking for a short trade off the MBB you ideally want Stochs overbought. Vice versa for a long trade. NOTE: Often when taking trades off the MBB, Stochs WON'T go overbought/oversold. Because this doesn't happen often, I don't let it stop me from taking trades off the MBB.)
The actual setup is very simple and straightforward. We look for our candle/bar formation in conjunction with points 1 through 3 from the above.
There will be other nuances I will cover in terms of how to make the strategy more effective in Part 3. For example, I will go into much more detail about how the shape of the BB can tell us a lot about whether a currency pair is likely to reverse or not. I will also cover how to gauge the strength of the setup candle and a few other tips and tricks.
Technical Nuances: You can overlay a lot of other traditional technical analysis on top of the above. For example you can look for short trades off the UBB in conjunction with a prior broken support level that you now expect to be working overhead resistance. If you want to go further and deeper, of course you can. Note: the above is about as far as I went when overlaying other kinds of analysis onto this strategy. I like to keep it simple, stupid.
TEXTBOOK LONG TRADE OFF LBB:

https://preview.redd.it/e06otysgsh451.png?width=2820&format=png&auto=webp&s=101b3eed1b42512d639644bcc096d1026e558f17

TEXTBOOK SHORT TRADE OFF UBB:
https://preview.redd.it/yfg02yjhsh451.png?width=2820&format=png&auto=webp&s=18b427995f3dcecb22e1ae7f15cd5b3cd53c18e4
TRADE OFF MBB:
https://preview.redd.it/8kvzknaish451.png?width=2820&format=png&auto=webp&s=2f1e6113475193e8b812bface880a77e82ad7eeb

And that's a wrap for Part II.
submitted by ParallaxFX to Forex [link] [comments]

OmegaPro became a pioneer in online trading

OmegaPro became a pioneer in online trading
Omega Pro
Founded in early 2019 OmegaPro became a pioneer in online trading. OmegaPro initially specialized in Forex trading. OmegaPro has recently expanded the range of products to indices, shares, commodities, ETFs, and options.
OmegaPro Ecosystem comprises of OMP Banking, Trading, Referrals and Charity.
Managing money is a very big task these days, Omega helps you to do all this with just a click. Mastercards and Visa by Omega makes shopping and using your money easier than ever before.
The OmegaPro ecosystem allows you to manage your online finances with OMP Money, send or receive payouts, use your prepaid card, deposit and withdraw money using a various options.

Omega Pro
OmegaPro also offers a variety of great account options for all our clients. Whatever your trading experience, beginner or expert, our next-generation trading platform can easily be tailored to suit your needs and financial goals. Customized options for spending funds as organized as possible.
With our customer’s trust and our expertise in delivering a first-class trading environment, we continue to expand our reach in the financial sector
We are globally renowned with thousandths of customer bases and clientele spread all over the country. It is an easy and convenient method to spend and manage your funds. We believe in integrity and satisfying our customers is a very big detail we pay attention to. We thrive on changing the trends, increasing business and audience in order to do better than anyone else in the same sector.
A very attractive UI/UX interface makes using the services of Omega fun and even better to use.
OmegaPro partnering with OMP Money gives unique opportunities and services for our clients and makes it easier than ever to use your earnings from your trading and improve your life, wherever you are.
Our flexible partnership program comes with a host of competitive benefits and enables you to introduce your clients to our exceptional trading experience while increasing your revenue at the same time.
Our clients can now create their own bank accounts with OMP Money and gain direct access to their funds at OmegaPro and also connect it to a Mastercard provided by the bank.
Through its referral system. OmegaPro gives you the ability to earn by referring clients to the OmegaPro trading platform. OmegaPro team has developed a partner portal for transparency of your referred clients. “Giving back part of our profits as a company to the communities that have believed in us as a company has been an important keystone for our business since the beginning. Our charity foundations are widely spread throughout Latin America to South East Asia.” says Dilawar Singh, CNO of Omegapro.
“We are excited to see the impressive positive response from the market for OmegaPro Ecosystem“, says Andreas Szakacs CEO of Omegapro. “We plan to take this initiative ahead and provide the best service and value to our customers.” says Andrea Szakacs.
Our OmegaPro family stretches from Latin America in the West to Asia in the East, from Northern Europe to the Southernmost Tip of Africa.
submitted by NewsPressInida to u/NewsPressInida [link] [comments]

5 Best Forex Trading Tips That Will Make You Profitable 5 Tips for Profitable Trend Following Trading in Forex Forex Trading Strategy - Best 12 Tips for More Profitable Trading Signals 5 Profitable Trading Tips For Forex Traders - YouTube Tips For Becoming A Profitable Forex Trader (Beginner Friendly) How to be Consistently Profitable in Forex Trading - YouTube 15 Profitable Forex Trading Tips in 5 Minutes - YouTube

Almost similar to position trading in a sense, swing trading refers to a strategy that is categorized as a medium-term trading strategy. In this profitable forex strategy, the trader aims to capture a singular move in the market such as selling resistance, buying support, trading pullbacks or breakouts as well as the bounce of the moving average. Profitable Tips for Forex Trading. Trading on the Forex can be more complex than it appears to be, and it may take novice traders some time before they have the ability to earn a decent profit from their investments. However, you can avoid most of the mistakes made by beginners simply by educating yourself on how the Forex market works and how to choose currency pairs wisely. Following are ... Learn How to Read a Price Chart. When most people start trading Forex, they will jump into a search for a profitable forex trading strategy. They may have picked some strategy up from YouTube, forums, a Forex academy, books or wherever.However, strangely enough, after applying the strategy in live Forex markets with real money, it does not somehow make them profit, but ends in a loss. Trading Time - Around The Clock; Don't trade on Medium Impact and High Impact News Release Time *About Indicator:-This indicator developed using the most advanced, adaptive, and profitable trading (turning-point detection) algorithms on the market, powering ATR, RSX, MACD, Bollinger Bands, and Moving Average strategies. Everything Trading offers loads of different tools and lessons that have allowed me to properly learn how to trade in the Forex market!Since then, I've been able to properly educate myself about Forex trading helping me to become a much better trader.I have since made back the £1000 that I had previously lost and I'm excited for what the future holds in my trading career.I'd like to thank the ... There is no forex trading trick or secret that will ensure constant success. It is important that you accept there is a risk of failure involved with every trade you make. Losses are an inevitable part of forex trading and you cannot improve your trades or become a consistently profitable trader if you can’t accept that. #07: Control your ... There are four different trading styles: scalping, day trading, swing trading and position trading.Scalping is for those who don’t have a lot of patience. They want to get in, get out, and get on with it. Scalpers seek to make small profits, perhaps as small as a pip in Forex currency trading per trade, but on a lot of trades.

[index] [1682] [811] [24071] [13759] [15631] [22828] [23748] [4077] [24240] [14301]

5 Best Forex Trading Tips That Will Make You Profitable

Tips For Becoming A Profitable Forex Trader (Beginner Friendly) ~ Like, comment, subscribe and turn on post notifications 🔔 for a chance to win lifetime training and VIP access for FREE! Last ... 5 Tips for Profitable Trend Following Trading in Forex ... Trend following in forex trading would require traders to understand fundamentals and sentiment really well because the forex markets ... Forex trading tips and tricks to make you a profitable forex trader. These are the tips for forex trading success that you need to get started with your forex trading career. If you want a trading strategy which will make money or improve overall profits, the tips and advice in this tutorial will help you get more profitable, more accurate trading signals which also ... Profitable trading tips which will help you to become a consistently profitable trader in the long term. How to be Consistently Profitable in Forex Trading. Please like the video and comment if you enjoyed - it helps a lot! Trade forex on Ayondo http://www.fina... Forex trading tips for beginners who are just starting out in forex trading. These forex tips are given to you only after i've learned it the hard way. A lot...

http://binaryoptiontrade.matchcast.cf