Sitting in cash. Waiting patiently for MY opportunities to trade the FOREX market. Here's what I'm looking at for tomorrow.
Tomorrow, July 8th, 2020 I'm looking at trading: USD @ 10:30am - Crude Oil Inventories NZD @ 9:00pm - ANZ Business Confidence IF* the proper opportunities present themselves then I'll take a position. Otherwise, I will continue to sit in cash until the conditions I'm looking for arise. Patience is a BIG part of my strategy.
Although Forex trading is not as popular as stock, futures and commodities market, it is far more powerful than any other kind of trading or investments, since it is now open to the public. It is not a closed market anymore. More and more savvy investor and entrepreneurs are shunning traditional financial markets, like stocks, bonds and commodities and building their fortunes in the foreign exchange (forex) marketplace. The reason why they are turning to the all electronic world of Forex trading is its numerous advantages over any type of investments. Even if you are an experienced Stocks or Commodities trader you will discover how powerful the Forex is. You can make $200 to $3000 in less than 30 minutes of work everyday. Forex Trading is much less risky than trading currencies on the futures market, much more profitable, and a lot easier, than trading stocks. Why should you trade the forex market? Here are the reason why... 1) The forex market is open 24 hours, it never sleeps. You can enter a position, or exit whenever you want, whenever you are six days a week. You do not need to wait for the opening bell like if you was trading stocks. it is excellent for you as you choose the best time for you to trade. 2) The daily trading volume of the Forex is around $1.5 trillion dollars It is 30 times larger than the combined volume of all U.S. equity markets. This means that 1,498,574 skilled traders could each take 1 million dollars out of the FOREX market every day and the FOREX would still have more money left than the New York Stock would have daily! 3) You profit in both raising market or falling market. You have equal potential to profit in both a rising or falling market, because it' s up to you to buy a currency, or to sell it, after you determined the market trend tendency. 4) You can trade from anywhere. If you like to travel, this is a dream business, you just take your lap top with you and that' s it, you can make money from anywhere in the world, all that you need is to be sure that you can access an Internet Connection. 5) The leverage is considerable. In fact, you don' t need a lot of money to trade forex, it is recommended to start with $2000, but you can start with $300, then if you have a proved strategy, your investment will grow consequently, as you can trade up to 200 times your investment. You can trade 100,000- unit currency lots with as little as 1% margin, or $1,000. there is no comparison with the stock market where you need a big amount of money to start, if you want to see real profits. And beside that, you need to post 50% margin. 6) Price Movements Are Highly Predictable. Price movement or highly volatile in the forex, however, the foreign currencies market is moving in trends, and you can identify these trends - as they repeat in cycle- with the technical analysis. 7) No commission fees. Unlike the stock market, brokers don' t take commission on transaction. To trade forex, you don' t need to have a lot of money to start; you can trade at any time, from anywhere, with a Internet connection, you will not have an order pending because of lack of liquidity, you will not have to work all during the day. The forex market has many advantages over the other traditional investments, and for sure, it will give you more freedom, and more money.
The world’s first True ECN forex broker. IC Markets True ECN trading environment allows you to trade online on institutional grade liquidity from the worlds leading investment banks and dark pool liquidity execution venues, allowing you to trade on spreads from 0.0 pips.You can now trade along side the worlds biggest banks and institutions with your order flowing straight into our true ECN FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. A market maker on the other hand, actively creates liquidity in the market. It always buys and it always sells, acting as a counterparty to traders. Should your forex broker act as a market maker, it will in effect trade against you. The conflict of interest in this setup is obvious. The Bottom Line Forex market analyst Rahul Sharma of Forex Brokers SA says the forex market is one of the most liquid markets in the world. “Retail forex trading accounts for 5.5% of the global forex market Tradezmarket is a Forex trading platform where you can trade on different kinds of digital currencies and generate as much profit as you can with the help of our experience and services. Join us in our journey and be part of our prosperous team. Our company was founded at the early stage of Forex industry, and has grown together with it.
How To Trade The Forex Market Learn From Our Professional Day Traders Trade Forex Secrets
Forex is a marketplace where currencies are exchanged. It is similar to the stock market but really various somehow. There are a couple of helpful bits of info that can assist you in bargaining ... If you plan on participating in Forex trading, a wonderful thing to bear in mind is to always double-check on your own prior to making a profession. Most of us make reckless errors every so often. The Trade Forex Secrets Demo VIP Platform I Use To Build My $300+ Daily - Day Trading Home Business! +Start Your Free Video Training EXACTLY Where I Did & You Will Duplicate Consistent Results ... If you intend on joining Forex trading, a fantastic thing to keep in mind is to constantly double-check on your own before making a trade. We all make careless blunders from time to time. This is because that type of trade will certainly require even more attention, skills, etc., since it is not a " provided" condition like that of a fad. forex trading app