Forex Trading has been around for many years, dominating the markets and growing each year, with more traders joining in on the action capitalizing on growing their wealth. Everyone is searching for more ways to make money online, giving them financial freedom with current world problems. There is a misperception that only experienced traders can trade forex yet the majority are missing out on the action. Forex Brokers have grown exponentially catering for all traders. Beginners to experts are provided with all the tools and educational material for you to start your trading journey. So why should you enjoy Forex Trading? Hard Work is Rewarding After putting in all the hours, reading how-to guides, watching videos, and gaining knowledge onread more
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When it comes to Forex Trading, beginner traders have quite a few topics to research before they can start. This is a handful for most Traders and many topics get overlooked. One of the most overlooked topics when it comes to Forex Trading is Risk Management. The reason most Forex Traders lose their money is not due to the lack of knowledge or experience, but rather the lack of proper Risk Management. Poor Risk management is one of the most causes of traders losing money. Risk to Reward When it comes to Risk to Reward, there is no golden ratio. This comes down to personal preference. Mostly a Risk to Reward of 1:2 is implemented. This is a metric used byread more
The honest truth. Can You Make a Living Trading Forex full time? A daunting question on every new trader’s mind. This topic gets most of us extremely excited just thinking or reading about it, a dream of financial freedom and no 9 to 5. Technically it means more than that. It means more time with family and friends, the people you care about most! How badly you want this and how much this dream or goal means to you, is what will be the difference between reality and fantasy. It is always good to dream big but you need to put in the “blood, sweat and tears.” In essence, this phrase refers to hard work and dedication. Is this evenread more
How to learn Forex Trading, a question that has surely crossed your mind at some point. Does it sound more complex than it actually is? Do some people make it out to be that way? The list goes on. We believe in education, education is King in any industry you are thinking of going into. Going into the unknown can be scary, no doubt about that! Does it have to be as bad as some people make it out to be? Absolutely not. Preparation is key and will take a lot of the stress off of you. It would be a lie if we said there won’t still be some form of nervousness. Guess what, that is 100% normal. Let’sread more