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Beginner FX

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  1. BNB is a digital asset created by Binance. The BNB stands on the Etherchain blockchain using the ERC20 standard token. Every four months, Binance will use its 20% profit to buy back the BNB and destroy it until it buys 50% of the total BNB so that there will only be 100,000,000 million BNB in circulation. BNB is ranked * 10 out of a total of 2059 digital assets at Coinmarketcap.com. BNB's total supply is 189,175,490 BNB.

  2. This is more than just money

     

    Of course, you might start trading because the prospect of earning income or building wealth over time, but forex trading is more than that. This may sound like nonsense and too philosophical, but trade also teaches us lessons that can be applied to our daily lives.

     

    For the first, it teaches us how to look for opportunities and ways to pursue them.

     

    A number of decent experiences in trading make you understand situations where you have to be more aggressive, like playing a retracement, while a contrarian arrangement seems better if you trade more carefully.

     

    You also begin to realize the fact that with each situation and decision, there is a level of risk and appreciation, and you begin to learn how to weigh one against another.

     

    The most important value of trading is that if you do the work needed to master it, you can get better not only as a trader, but also as a better person.

     

    Among a number of other self-improvements, this teaches you to develop in the midst of uncertainty, to not be afraid to pursue opportunities, and to be disciplined, all of which can be directly applied to other goals and aspirations in life.

     

    So, do what you should do. Research before entering a trade, plan for it, manage your risk, make a journal, and see the small setback.

     

    This is not just about money. Even though you might not see it in your account, if you do work, you get better.

  3. Active since 2004, Forex Factory was originally known as a forum of traders who actively discussed various topics regarding trading, ranging from sharing experiences, strategy ideas, to forex broker reviews from various traders around the world. Until now, the Forex Factory forum is still known as the main discussion place for traders, and many of them are looking for inspiration in the trading system from the traders' thread there.

    Forex Factory's superior features to help you as a tool that can give more consideration to your trading activities.

    1. Forum Trading: Forex Factory forum is a place for discussion of traders who can display a variety of useful information and is inhabited by hundreds of thousands of members. That said, the forum on this site is one of the first for forex traders. When you open the forum menu at Forex Factory, the amount of info and thread contained in this section will not confuse you. That's because this site has grouped it into 8 broad categories to make it easier for visitors to get the discussion thread they need.

    2. Forex Calendar: Forex calendar facilities on this site have been widely known as one of the best. Like most forex calendars, you can find important components in the form of data release time, currency affected, level of influence, name of data released or event that takes place, also do not forget the Actual, Forecast, and Previous numbers.

    3. News Feed: In addition to the calendar feature, Forex Factory also supports the need for forex news updates by providing a News menu. This rubric is a news feed that contains a collection of titles of various high-impact news, expert analysis, and market reviews that are updated in real-time. In addition to up to date, this Forex Factory section also constantly gathers news and editorials collected from trusted sites, such as Bloomberg, Reuters, CNBC, Telegraph, Wall Street Journal, etc.

    4. Broker Review: Although it does not provide broker info as a whole, Forex Factory can provide broker recommendations through a comparison table, which displays various broker criteria from basic trading specifications. Thus, you can more easily get the best broker comparison based on your own trading criteria.

    5. Trader Journal: Another interesting use of Forex Factory is the availability of an account profiling platform for its users. Here, you can register and login to create a trader's profile. You can connect this profile with a trading account at a forex broker, so you can display the progress of your trading with charts and parameters that provide functions as a trading journal. More than just evaluating your trading performance, you can also publish this rubric to attract potential investors, if you already have a lot of experience, can collect consistent profits, and are interested in becoming an Account Manager.

  4. 1. It takes money to make money
    You certainly CAN start trading with just a little money. And bad traders can create large accounts that can easily become small accounts.

    But trade is not a hobby. This is business. And like most businesses, capital is needed to obtain a large amount of profit. Don't expect to make hundreds of dollars per week with an account of only $ 50.

    2. You must be at the right time
    If you are serious about developing your skills and confidence in trading, you must trade when the market gives you the greatest opportunity. For most traders, this usually means trading London and New York sessions.

    3. You will often make many mistakes
    Because there is not a single system that can remain profitable through ALL trading conditions, even a mechanized system that has been tested must have made a mistake. Instead of focusing on winning, focus on learning the art of "feeling" the market.

    4. There is no holy grail in trading
    There is no "holy grail," or an indicator, method, strategy, or system that will generate forex trading profits of 100%. The key is controlling your risk. Because you can't eliminate it, all you can do is control it with the right risk management.

    5. Trade is NOT for everyone.
    There are many reasons why at least 95% of new traders fail.

    For one thing, TIME, EFFORTS, and much PATIENCE is needed to continue to be consistently profitable. Those who can't or don't want to give all three are likely to find themselves between 95% before this year ends.

  5. AmegaFX is a good broker in trading, a fast process of making withdrawals, and many payment methods that can be used. I have tried it and I recommend it. and there is no problem with it all

  6. Direct access to the bank's liquidity!

    AMEGA Forex broker automatically takes customers' trades to liquidity suppliers. This ensures complete financial security.

    This business model eliminates the financial conflict of interest between the company and the client.

    Moreover, the client's funds are located on separate bank accounts which completely eliminates all risk associated with the broker's operational activities.

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