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What Is Forex trading?


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The forex market is the "place" wherein currencies are traded. Currencies are critical to most people around the arena, whether or not they recognise it or no longer, because currencies need to be exchanged for you to behavior foreign alternate and business. in case you are dwelling inside the U.S. and need to buy cheese from France, both you or the organisation which you purchase the cheese from has to pay the French for the cheese in euros (EUR). this means that the U.S. importer would should alternate the equal value of U.S. dollars (USD) into euros. The same goes for travelling. A French vacationer in Egypt can't pay in euros to see the pyramids as it's no longer the domestically standard forex. As such, the traveller has to trade the euros for the neighborhood forex, in this situation the Egyptian pound, at the cutting-edge alternate price. If you want to know full about forex then go to http://forextradingbonus.com/ and get the full knowladge about Forex.

 

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  • 3 months later...

Forex trading is an activity, of a trader to make profit from foreign exchange market. This is simple act but may make a trader able to get more money. Forex trading is an activity which quite tense and sharpening our skills to do a more accurate analysis to something in this case is eg: news or candlestick.

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  • 2 months later...

Forex is a business that has a large advantage, the market is open 24 hours so as to enable us to be trading well at any time, and therefore we have to use a demo account so well that we will get profit more maximal

 

The market is open 24 hour on 5 days and we can access it anytime and anywhere. Thanks to MT4 for android devices, we can watch our open position and close it anywhere 

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  • 2 weeks later...

Forex is foreign exchange which this is buying and selling currency using another currency, if any people they want to inmport goods from certain country hence they need currency on country destination, and to purchase currency they must buying currency using their country currency, and price currency always changes, depending with demand and supply which apply on theory economy, if demand arise hence price will expensive, and if supply arise hence price will cheap

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The market is open 24 hour on 5 days and we can access it anytime and anywhere. Thanks to MT4 for android devices, we can watch our open position and close it anywhere 

This is why forex become more accessible rather than other kind of business, and also with MT4 for android people can access the market anywhere as long as there's internet connection(wireless). Forex trading is basically about sell and buy and it doesn't mean to do only for desktop trading. Profit also based on the difference between our opening and closing position.

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This is why forex become more accessible rather than other kind of business, and also with MT4 for android people can access the market anywhere as long as there's internet connection(wireless). Forex trading is basically about sell and buy and it doesn't mean to do only for desktop trading. Profit also based on the difference between our opening and closing position.

Many broker offer android platform already, and some trader might they can use copy trading service which many broker offer this service for their client, some trader that already expert they also can become signal provider which if they get many follower hence also will get additional income from commission, trading with android platform really useful especially for trader that very active and mobile from one place to another place
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Forex trading is an activity, of a trader to make profit from foreign exchange market.  Forex trading is an activity which quite tense and sharpening our skills to do a more accurate analysis to something in this case is eg: news or candlestick.


 

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  • 2 months later...

@coolguy, that may be true but everybody has their own some people go into affiliate program and this is much more profitable for them but me am also at your side am prioritizing forex to be my major source of income for now so that is why am puting my very best to ensure that I learn perfectly

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Forex trading is all about the process of buying and selling of currency this is good but for me I think that in the forex market you must first of all learn more about the business as this could bring you success.

 

So many traders have neglect their learning process and go after the profit there is no way which you can make money in forex if your skills is not up the performing task.

Forex trading need us to try and learn and be patient with our trade if we want to win

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Forex market is most liquid market if compared with another kinds market like as on stocks market, in daily traading huge money circulating in the marlket although no place centralized in forex, market, because transacrtion occured through electronic transaction, and many trader trying to get profit from difference price movement

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Forex can be classify as buying and selling of currency this is done through the process of bid when the market is bearish or bullish this is done through the help of analysis and our analysis is what that give us the elbow to succeed easyly.

Forex trading is never easy but with knowledge we can win more

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Forex is the currency trading market is very large. To start trading forex then we need to be a lot to learn and practice trading. So we will have the skills and knowledge that are good for us to manage capital well. So we will make a profit in forex

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  • 1 year later...

Forex Trading is trading currencies from different countries. This Forex is short for Foreign Exchange. An example of forex trading is buying Euro (European currency), while simultaneously selling USD (American currency), can be abbreviated EUR / USD.

by the way, is there anyone who has ever subscribed with a broker?
if not try to subscribe with FXB Trading
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Forex trading is a business that has a very big risk and also has a great advantage too, for that, traders who want to succeed in forex trading traders always to continue to do in learning with preparation and readiness on the run. And right now I am with instaforex always to keep learning in demo account and also demo contest in stage to prepare everything

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  • 4 months later...

A very basic topic to discuss: forex refers to the foreign currency exchange transaction where traders are exchanging one currency for another. In this world currency market traders get virtual trading opportunities where they all are connected with one common network but can trade from anywhere around the world. But forex trading will require a strong understanding about trading tools and techniques as well as a good deal of knowledge and skills with a lot of patience and perseverance.

 

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For me Forex Trading is the best source of earning some extra bucks. Whenever I got free time, I trade and earn some good money.

 

This sounded odd to me. If someone can make profit then he or she should focus on trading. Because that can bring decent amount of money to a person and won't need to look for another work if true.

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I read almost everything that  advise to begin in this post but I have some questions.

 

How do u analyze charts? Do u use a program or just the trading platform?

What's the best platform for a beginner? I read that I have to chose it but there are so many of that....i would like to do dailt trading.

And...If u have any tips please tell me what helped u in the begin.

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Forex trading is where businesses that have a very big risk role there, so where we always routinely in the learning on the run for where we can be able to trade to get maximum results. And I also continue to learn in the benefits of one demo account and follow the demo contest instaforex with the aim to be successful in the forex business

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  • 4 weeks later...

 

I read almost everything that  advise to begin in this post but I have some questions.
 
1. How do u analyze charts? Do u use a program or just the trading platform?
2. What's the best platform for a beginner? I read that I have to chose it but there are so many of that....i would like to do dailt trading.
3. And...If u have any tips please tell me what helped u in the begin.

 

 

1. I use basic tools of meta trader 4 trading platform. Trendlines, fibonacci. Don't use any software. But I don't discourage anyone to use any. Just don't spend money for it.

2. I would say meta trader 4. It is the most user friendly trading platform.

3. Start with babypips school.

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Where forex is a business that has a role of risk and also a very big advantage, so where traders must be routine for the learning on the run like manfatakan one demo account or also follow the demo contest instaforex for the purpose where we can get maximum results

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