1. Welcome to the #1 Gambling Community with the best minds across the entire gambling spectrum. REGISTER NOW!
  2. Have a gambling question?

    Post it here and our gambling experts will answer it!
    Dismiss Notice

Forex You do not know how to trade

Discussion in 'Forex Forum' started by mark72, Mar 9, 2015.

  1. mark72

    mark72 Guest

    I was never good at writing and i am not good at writing now but i will give it a shot; i will share little of my experience and knowledge in this thread; there will be no systems or indicators shared in here and i will not discuss any indicators or systems, just knowledge and information for whom it may concern; i am not looking for thank you's and i do not need approvals or denials of the things that will be shared in here. Please excuse my english if i will make grammar or spelling mistakes at times.
    The title will be offensive for some and a wake up call for others; only you decide in which category want to be; title is inspired from the text of another thread and i believe to be the very first step stone for every trader that is looking for profits in forex; this should be the line that a trader must hear and understand before stepping into the "Oz" of forex in the first place.
    I want to simplify the market view from begining of times as much of possible; in my view and how all my trading experience started the market could be comprised in its simplest form as:

    [​IMG]

    Source.
     
  2. Diego San

    Diego San Member

    Joined:
    Dec 10, 2019
    Likes:
    2
    Location:
    US
    A lack of transparency makes it difficult for a fund to monitor execution quality. As a result, and in recent years, institutional investors are focusing much more on the cost analysis of their forex trades. As a forex trader, we always should be looking for the lowest spread broker like [removed] to ensure our profit. Bid and ask spreads on custodial foreign exchange trades average a striking 30-40 basis points more than interbank spreads. They offer MetaTrader 4 - the most popular trading platform for forex trading. Separately, institutional clients who offer broker services should pay attention to the STP-gate integrated into MetaTrader 4 that can connect liquidity through a regular trading account on MetaTrader 4 platform with minimum labor input.
     
  3. Nathan

    Nathan Member

    Joined:
    May 6, 2022
    Likes:
    1
    Location:
    Marseille
    Honestly I wasn't really easy for me at the beginning acquiring knowledge and practicing, it took a whole lot of effort to get the handle on things. What has really helped over the course of time is the library section of my broker Forex Chief, they have many good materials for both beginners and old timers. Something every trader should take advantage.
     

Share This Page