Did you know that trading isn’t the only way to make money off Forex? That’s right, there are several channels of benefit from foreign exchange, and many of them are not even in the financial field. Keep reading if you want to find out more, because today we discuss Forex partnership programs and all the ways to benefit from them. What Are Forex Partnership Programs The partnership between a trader and their broker is the foundation of trading. However, what we barely consider is how does the trader find the right service...
Do you think you’ve got what it takes to become a profitable trader? Absolutely! As long as you are certain that currency trading is for you and dedicate enough time to master Forex, anything is possible. Today we will discuss how to start a Forex trading career without any experience, and most importantly, without loads of cash in the bank. Is Forex Trading for Everyone The biggest obstacle of how to start trading on Forex effectively is doubting yourself. Less than thirty years ago currency trading in particular, or any...
Once you have made up your mind to take up trading Forex, you should be having a million questions and doubts not letting you sleep. To assist you with that, today we will try to answer some most frequently asked (and bothering) questions for you to think of before you start trading forex. The first question coming to your mind is how much money do you need to start trading, right? An amount that’s enough to hurt you if you lost it all - because this is a serious business, and not a get rich quick scheme. If you’re not...
The main task of a trader is to buy cheap and sell expensively. It is what actually brings profits and makes us all happy. For example, by buying stocks for $120 and selling them for 180 after some time, the investor earns 50% per annum. But how do you find these incredible bargains? The answer is there - you need undervalued stocks. And there is no better time for that as right now. During the time of global sell-off caused by the pandemic, it will be a mistake to miss such an opportunity. This article will give all the...
The real beauty of Forex trading is in the range of possibilities. Practically anyone can become a profitable trader, after finding the right approach and paying attention to details. Today we discuss one of the trading concepts that help currency traders everywhere enhance their experience and optimize the gain. Simply: what is margin in Forex and how you can benefit from using it in 2020. What is Margin on Forex A margin in Forex is a security tool that brokers need to cover a portion of their risk. When a trader opens a new...
