Probably many people in search of Internet work often stumbled upon the Forex market. But only a few managed to grasp the essence of Forex. Each trader has his own fate on Forex, for example, some leave him with empty pockets, while others, on the contrary, earn good money on ot. To become a successful trader you need to try to catch the rhythm of Forex. Very often, failures in Forex occur due to self-doubt. Only through an internal struggle with your own fears can you succeed. Self-reliance is the key to success. So how does a trader who is...
Forex traders invest significant time to develop and deploy strategies that will hopefully generate profit. A forex broker is expected to execute client trades in the best interest of their clients, which includes not trading against their clients. Not only is this professional behavior, but it is also a legal requirement of MiFID 1/2 and equivalent laws that outline how brokers should handle their fiduciary responsibility to their clients. With regard to futures contracts as well as other financial instruments, slippage is the difference...
A quintet of hackers took over the official Twitter handle of Sweden’s ruling Social Democrats on April 15th 2019 and tweeted about Bitcoin. The group convinced Twitter that they are the Swedish government which involved changing phone numbers, e-mails as well as submitting ID’s. Twitter was fooled and the hackers tweeted that the Swedish government is abandoning the Swedish Krona in favor of Bitcoin. One of the deleted tweets stated “We have abolished the Swedish krona and replaced it with Bitcoin. Time to buy.” While Twitter restored the...
The global economy has cooled in the first-quarter of 2019 and there are plenty of factors which keep downside pressure on growth. Some analysts are now seeing economic green shoots as spring is blossoming. The biggest focus has been progress in trade talks between the US and China in order to end their trade war. The Eurozone economy has suffered significantly so far in 2019 which kept the Euro in refined to tightening trading ranges. Will the economic green shoots materialize or falter as summer approaches? Brexit remains in limbo and the...
Forex trading or investing At Forex, professional activities aimed at obtaining speculative income are performed in much the same way as in any other financial asset markets. The principles of investing financial resources in projects aimed at making a profit are similar for any business area. As it is known, absolutely anyone who wants to earn through Forex online trading can become a currency trader, having access to the Internet and an agreement with a broker. To do this, you need to perform the following actions: • conclude a standard...
