Hi everyone! I’m Ines from Linz, Austria. I could tell you my story about how I got started in forex trading and how long it took me to build up a portfolio which is big enough to actually generate enough annual income so that I can call myself a professional forex trader. We all have a different approach, but most us do aspire to become a pro at trading. What does this mean? In my opinion it doesn’t mean that you trade forex portfolios for others. It sure is one definition, but to me I am a professional trader. The reason being is that this...
Work on Forex attracts a huge number of people. For some, this is the main type of income, others see it as a way of self-realization. For the third it is the real way to get quick and easy money. However, not everything is so simple and not everyone will be able to make money in this area. It is necessary to understand that to obtain a stable income on Forex, you need to have a solid approach to this type of earnings. You'll have to learn a lot. Perhaps it will take a lot of time and effort, but it is worth it. Almost every Forex broker...
Emotions will always accompany traders from all over the world simply because this is human nature and emotions are built into it, whether you like it or not. And no matter how advanced technological innovation has been, for as long as we remember, emotions always get in a way of human rationale. Even most experienced traders have a hard time ignoring the emotions when trading. No matter how simple forex trading may be as to the basic mechanics most forex traders make frequent mistakes that cost them money. The reason is that human emotions...
Three people familiar with the latest rounds of Brexit negotiations on Tuesday stated that the EU is very pessimistic that a deal can be reached. The biggest fear on the EU side is that no matter what concessions they decide to give May, who brought in Attorney General Geoffrey Cox to find a solution to the Irish border backstop issue, will not be enough to win a majority for the deal in Parliament. The EU doesn’t want to give in to their entrenched position unless they are sure it will result in a deal. The fact that, for now, the UK took the...
Social media has become a larger part of our lives, affecting not only the social but also the economic spheres. The impact on the currency market has particularly been huge. In order to make better investment decisions, investors often strive to keep abreast of the latest forex trading news. And social media platforms provide instant access to forex news as and when they happen. Social medias are disrupting conventional ways of trading and managing finance and investment activities. Whatever the industry sector trading recurs to social media...