nanamage

This is the trading recommendation for GBPUSD pair on October 24th:

Based on Margin Analysis
Trade signal: sell within 1.21740-1.22580
Target profit: 1.20900 Next target profit: 1.20020

This is the trading recommendation for EURUSD pair on October 24th:
 

Based on Margin Analysis
Trade signal: buy within 1.05911-1.06391
Target profit: 1.06871 and Next target profit: 1.07871

It's true that trading can be quite complex, and keeping track of your performance is crucial. FreshForex hosts webinars every week with experts giving customers insights into the market situation, offering ready-to-use trading strategies, and talking about the risks and effects of important news. During these webinars, customers can get online consultations from expert analysts and learn from their experience and knowledge.

Forex trading, like any form of trading, involves inherent risks that cannot be completely eliminated. However, you can take steps to manage and reduce these risks: 

*Gain a deep understanding of the forex market and trading strategies to make informed decisions.

*Use stop-loss orders and position sizing to limit potential losses.

*Trade multiple currency pairs to spread risk.

*Practice with virtual funds to hone your skills before using real money.

* Choose a reputable broker with good execution and customer support.

*Limit the use of leverage to reduce the potential for significant losses.

*Keep emotions in check and stick to a trading plan.

This is the trading recommendation for USDJPY pair on October 16th:
 

Based on Margin Analysis
Trade signal: buy within 147.309-148.595
Target profit: 149.885 Next target profit: 152.438

This is the trading recommendation for GBPUSD pair on October 16th:

Based on Margin Analysis
Trade signal: sell within 1.22068-1.22908
Target profit: 1.21227 Next target profit: 1.20017

This is the trading recommendation for EURUSD pair on October 16th:
 

Based on Margin Analysis
Trade signal: sell within 1.05436-1.05916
Target profit: 1.04955 and Next target profit: 1.04485

Bot trading or manual trading have their pros and cons. I just want to remind you about the case of Wahyu Kenzo, the 'crazy rich' from Surabaya. He got nabbed by the cops in Malang for alleged fraud and violations of the Electronic Information and Transactions Law (ITE) through his robot trading, Auto Trade Gold (AGT). Turns out, his trading bot didn't have the necessary permits from the authorities. About 141 investors claim to be victims, and the total losses add up to more than Rp15 billion. So, always stay vigilant when choosing the right broker.

Always be careful when choosing a broker and consider getting advice from a financial professional if you feel the need. Just like what happened with Cryptozoption, on July 26, 2023, the Financial Conduct Authority (FCA) issued a warning about Cryptozoption. Basically, this broker isn't regulated by any authority. Trusting this broker with investors' funds is highly risky because there's no legal protection to safeguard that money. It's a total scam. So, stay far away from it.

FreshForex has an extensive education system with online courses, video tutorials featuring comments from specialists, and various special materials about trading. Basic Forex market courses allow us to quickly master the trading skills we need. Thank you FreshForex ☺️

I trade with FreshForex because there's no minimum deposit required for any FreshForex account. FreshForex offers numerous opportunities to ensure transactions and generate additional profits. So far, there have been many conveniences and advantages gained while trading with FreshForex.

The Forex market offers several advantages over other types of investments. Despite the advantages, it's important to note that Forex trading is also associated with significant risks, and many traders experience losses. It requires a thorough understanding of the market, risk management, and a disciplined approach to be successful. Always consider your risk tolerance and financial situation before participating in Forex trading. And be careful in choosing a broker, I trust FreshForex as a reputable broker. They can help us gain profits and trading to the maximum extent

Trading forex on news releases can be profitable but is also risky due to market volatility. I usually do this as a precaution , Practice on FreshForex Demo Accounts: If you're new to news trading, practice on a demo account to hone your skills and strategies without risking real money. Use Proper Leverage in FreshForex : Be cautious with leverage, as high leverage can amplify both gains and losses. Ensure your risk management is in place. Remember, news trading can be highly unpredictable, and even with the best strategies, there are risks involved. It's crucial to approach it with caution and be prepared for potential losses.

Finding a dependable forex broker is crucial for your trading success. I've chosen FreshForex because they offer their services to folks in Russia and Asia, but they've made a big name for themselves in the forex world, even in the European Union and beyond. They've been in the top ten best brokers list in Russia and earned the title of the best broker in Asia, bagging awards for their fantastic trading terms, partner programs, and support services. FreshForex is a great choice for both beginners and experienced traders alike.

FreshForex offers over 130 trading options, like stocks, indexes, and promising metals. FreshForex has 50+ currencies, 5+ cryptocurrencies, including Bitcoin, Litecoin, and Ethereum, and over 80 CFDs for gold, silver, other precious metals, stocks, oil, and other commodities.

This is what I like about FreshForex – they offer customer support for forex trading all the time, and they make it easy for traders to do transactions.

On 11/23/2019 at 10:40 AM, Gee Dee said:

You should attempt different brokers and locate the one which suits you. When you begin trading real you should adhere to the facilitate whose demo you were happy with. So, for the most part it is imperative to have honest broker, with great notoriety and great trading conditions be it spreads, execution or use that suits your necessities. Your win-rate is what number of exchanges you win, communicated as a rate. For instance, in the event that you win 60 trades out of 100, your win-rate is 60%. As an informal investor, you will ordinarily need to keep your win rate over half.

But you must remain cautious of scam brokers. Don't make a wrong choice, as there are many scam brokers ready to deceive traders and lead them into traps. "Crazy Rich Surabaya Wahyu Kenzo" was arrested by the Malang City Police for an alleged scam involving an expert advisor or trading robot called Auto Trade Gold (ATG). The case of fraud related to the ATG trading robot, which was managed by PT Pansaky Berdikari Bersama, resulted in losses of over Rp 15 billion. This case serves as a reminder of the importance of being cautious when choosing trading robot or expert advisor services. Scams in this industry can lead to significant financial losses for investors. Always do thorough research and check the reputation and licensing of service providers before using their services.

On 11/11/2012 at 11:36 PM, alam3636 said:

Every one say forex trading is risky, i am keen to hear if there is a way to eliminate the risk completely?

Forex trading is indeed considered risky because it involves the fluctuation of currency values. However, it's important to understand that there's no way to completely eliminate risk in trading. Risk is inherent to financial markets. You can manage and reduce risk through strategies like risk management, diversification, and proper analysis, but there's always some level of risk involved. It's essential to be aware of the risks and trade responsibly. And, more importantly, don't just pick any broker and fall into a scam broker. Always check lists of problematic or potentially scam brokers before making your choice. It's an important step to protect yourself in the trading forex. Here are examples of Unregulated Brokers or Brokerage firms that should be avoided. They are not recommended for trading due to their unlicensed operations : Kingston Trading , CryptoAllDay, TegasFx and there are many more of them.

On 4/21/2011 at 10:58 AM, boniez said:

Not all brokers only get profit from the spread alone. there is brokers who benefit through our spread and there are also brokers who make a profit fromm the trader loss, low incidence of broker who benefit from the loss of traders are those who have a bad reputation and have probability of scam

That's why it's important to choose a trustworthy and credible broker, one that can help its traders progress and succeed. At FreshForex, traders are guided to maximize their benefits.

At FreshForex, there's a free demo account with various promotions and bonuses, including a 300% deposit bonus and a 101% drawdown bonus. FreshForex offers its customers the chance to secure their transactions and earn additional profits!

There are many stock trading strategies like swing, day trading, and scalping. A scalper is a trader who uses a strategy to buy and sell stocks in a very short timeframe, sometimes just seconds, minutes, or hours, typically all within the same day.The process can be nerve-wracking because it happens so quickly. Therefore, this technique is better suited for experienced traders who have a good amount of experience in stock trading.Compared to day trading, scalpers tend to use a larger amount of capital. However, for newcomers who want to try this technique, it's a good idea to start with a small amount of capital. A small capital will reduce the risk if trader make a wrong prediction in the market. So, even if the result is negative, the amount won't be too substantial. The online education from FreshForex can be a valuable source of knowledge about scalping and various trading strategies. Keep on learning and growing in the world of Forex trading. 

Robot trading, also known as Expert Advisors (EAs) in the world of forex trading, is a computer program designed to automatically execute trades based on pre-programmed rules. These trading robots use algorithms and scripts to analyze market data, identify trading opportunities, and place buy or sell orders without the need for human intervention. However, it's important to remember that even though trading robots have the potential to assist in trade execution and eliminate emotions from the process, they are not entirely risk-free. Trading robots need to be carefully programmed and managed wisely to avoid over-optimization and unexpected market situations. It's perfectly fine to feel comfortable with manual trading on FreshForex. Many traders prefer the hands-on approach of making trading decisions themselves. Whether you choose manual trading or consider automated options, what matters most is using a strategy that suits your trading style and risk tolerance. Happy trading!

Some of the brokers are able to provide the leverage from 1: 500. But the experienced and professional traders say that there is no such need for these risks, and for the normal trading process the leverage of 1: 100 is quite enough. Many traders, especially the beginners who just start their Forex career, apply the leverage and do not take into account all the risks that are formed by using it in trading. If the trader ignores such risk of the leverage using, the applying of leverage capital may provoke the complete deposit loss. FYI FreshForex increase the highest leverahe to 1:2000 for Classic MetaTrader 5 accounts.

This is the trading recommendation for USDJPY pair on October 11th:
 

Based on Margin Analysis
Trade signal: buy within 147.401-148.687
Target profit: 149.997 Next target profit: 152.550

This is the trading recommendation for GBPUSD pair on October 11th:

Based on Margin Analysis
Trade signal: buy within 1.21358-1.22198
Target profit: 1.23038 Next target profit: 1.23737