Forex Trading Fundamentals

Discussion in 'General Trading Discussion' started by admin, May 16, 2016.

  1. Phillip Mark

    Phillip Mark Senior Investor

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    I feel keeping tracks of our trades is where many of us fail, this can be very important in evaluating or progress in the market. We should definitely buy the time always, to go back to our trades and see what we did good or what went wrong.
     
  2. Duong

    Duong Senior Investor

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    Is this really necessarily, why not just go to the broker direct with your complaints than going through a third party?
     
  3. Phillip Mark

    Phillip Mark Senior Investor

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    They are scammers looking for the next prey. They usually ask for a fee to do that and than with your money. So the broker scams you and the person you turn to for help also scams you. Stay away from scams. Be wise
     
  4. Phillip Mark

    Phillip Mark Senior Investor

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    Binary option broker it is
     
  5. tradersmark2017

    tradersmark2017 Member

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    You can invest in a broker with binary and forex and stock trading and be successful I can help you on that thanks.




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  6. tradersmark2017

    tradersmark2017 Member

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    They are a lot of traders and investors who are till making good profits pay out weekly on binary options trading,but the point is when investing think wise by investing on a broker who trade in both binary,forex, stock market, crypto and real estate management
    Incase any above trading is going down they can easily switch you to another platform to avoid lost,note that not because you have lost in past trading binary options or scam means that all in binary options is scam.Binary options is a big wide trading that you needs to put your efforts and not for lazy traders and investors thanks




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  7. Abelson Mark

    Abelson Mark New Member

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    A quite informative blog. I just loved your way of writing blogs. It is very explanatory. I gained enough information about trading.
     
  8. changelife

    changelife New Member

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    Thanks so much for this post a being direct where other most of the brokers in Forex don't want to tell the truth while the industry might be good. What I learned in every investment, business, you have to educate your client to understand, know their interest, need and desire.
    Only invest in what you can afford to lose. This a golden rule to trading.
    Have you discovered the secret why you don't need to save your money but the exchange with Gold?
     
  9. J_C_Anderson

    J_C_Anderson Senior Investor

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    Gold is commonly used as protective asset to allocate funds in case of any uncertainty or market turbulence. Thus, institutional investors quite often use it to place there their funds insted of keep it simply in cash. It often happens that gold price has a reversal corellation with the main indexes (but the also could move in one direction in some cases).
    There are several ways to invest in gold for retail traders. First one is buying it as a commodity using futures (like GC futures traded at CME, for example), but in this case one would need to roll over the contract each three month, and margin necessary to maintain such position would be substantial. Another possible way is to invest in gold-based ETFs traded at us markets (such as GLD, for example) but it will be necessary to have a US account to be able to do this. The simpliest way to invest in gold is to use CFDs provided by Forex brokers - XAUUSD. It reflects all changes in the actual gold prices.
    Another advantage of such approach is that it allows trader to download historical data provided by brokers and chech the performance of the strategy using special tools like Forex Tester. As the result of backtesting, trader would get a detailed report on the performance of his strategy in long term perspective. This would be useful if trader would like not only to invest in gold long term, but also to benefit from short term price fluctuations appearing due to the volatility.
     
  10. Dark Night

    Dark Night Member

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    To be honest, I have improved my live trading performance by using trading journal with a note book! Yes, having profitable trading strategy is important but trading discipline is more important here! No one can success here without discipline and plan! I usually use off days of market to study on my live trading mistakes and errors, and of course I am hopeful about my success!
     

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