The share market is the most profitable trading marketplace in the world. It is more profitable than bonds, banks and property and deserves attention despite the recent scares in the market. You only need movement in the markets to make money as we can apply techniques such as shorting to make money even if the markets go down!
It depends on your targets and your attitude to risk, although we strongly recommend you apply the strict risk measurement strategies you will learn on the course. Ask yourself how quickly you want to reach your goal and whether you want financial independence or simply to provide a second income stream.
We are not selective in any experience. We just require that you can commit to the training and fulfill the expectations of the course by learning the course outcomes. You do not need to hold any qualifications in accounting or studied economics or finance to be on this training course.
If your current job or lifestyle allows you to watch the share markets all day, then brilliant. If not then we will teach you how to place if done orders, stop orders and limit orders with your broker so that you can manage your trades without being in front of your PC all of the time.
This is totally up to you. We recommend that you spend at least an hour a day for swing trading (holding trading positions for relatively short periods). This works well if you have a full-time job and don't have time available during the trading day
Our free seminars are held in various locations around Sylhet. Check out website to find out when our next seminar is.
Yes most definitely, and you will be shown many examples throughout the course covering stocks and indices. As well as focusing on UK stock market, we will show you how to apply this to the US markets and Canadian markets
Our courses will be delivered by our traders who have over 10 years on the share market. They will teach you strategies and will also get you to apply these strategies in the course
Nowadays there is a tonne of knowledge and
information for FREE. And Often VERY CHEAP.
When I started out trading – knowledge was
hard to come buy – I had to buy books and I had to speak to other experienced
traders.
Now you can learn a lot of detailed stuff
on Forex trading for free on youtube and other platforms. So search around man,
it’s all out there for free. BUT REMEMBER ONE THING: nobody is going to give
away their secret and what works really well for them for Free. Would you?
think about it.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
That is because YOU ARE BEING WATCHED.
When you put a stop loss on – your broker
can see that – obviously because it is their system that will trigger the stop
loss for you.
How does your broker make money? One of the ways is by getting you to trade
frequently. The more you trade the more commission they get from you – plus the
spread fee.
So when the market price is getting close
to your stop loss… the broker will just increase their spread to hit your stop
loss. Easy. And then suddenly you see the market reverse. Amazing.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I cant understand retail traders/investors
who say 1%-3% gain per month is enough. Its ridiculous. For a large bank or a
fund its probably enough because they deal with billions!
With sensible leverage of 1:5 or even 1:20
you can easily make 5-10% gain per month. So why settle for 1-3%, and just
killing your time and effort for tiny gains.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Nowadays it’s all about inflation.
Inflation and Interest rate are driving the market.
Keep an eye out for U.S economic data such
as:
Core CPI
Core PPI
Jobless Claims
Non Farm Payroll
Core Retail Sales
Manufacturing Index
There are more, but these are some of the
key ones that seem to have high impact on the markets.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
The forex market is the BIGGEST market. It
is highly liquid and it doesn’t matter what the stock market is doing – there
will always be opportunities to trade on the forex market.
Focus on small daily gains, or weekly
gains. Or follow a credible forex signal provider who will give you the trade
tips to follow and execute.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
It’s quite simple actually, 2 key things:
1.
What commission they take for
each transaction
2.
How big their spreads are
compared to the market
Both of the above will eat into your
profits, especially if you do lots of small trades. Most people don’t factor in
this cost.
Another cost you can look into is OVERNIGHT
FUNDING – because you are margin trading, you need to pay a fee for holding
your positions to the next day, since its borrowed money. That can also eat
into your profits.
I had some positions in OIL and GOLD
(XBRUSD and XAUUSD), and I forgot to close them on Friday. The overnight
funding for the weekend cost me $500!! They just took it from my account. Damn
it!
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in teh market: http://www.financialmarkets.club/trader-blog
You might have a great trading strategy.
Your analysis might be great, but that doesn’t make you a good trader.
Trading involves 2 key functions :
This is where everyone fails, we are human
afterall. Wrong mindset, wrong thinking, irrational thinking, fear, greed etc.
Trust me I fight with myself everyday whilst trading.
Money management is knowing how much
exposure to have, knowing when to cut your losses short, knowing the right
balance / portfolio mix.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
You need to use Stop Loss ALL THE
TIME. Sometimes the market movements can
be very big and dramatic, without stop loss in place you risk losing a lot.
Trust me I’ve been through it many times.
Imagine you buy GBPUSD, and GBPUSD suddenly
dropped 100 pips within 5-15 mins – which is does quite frequently. Your in
trouble. With a stop loss you would cut your losses.
Of course the other issue is getting the
stop loss right/suitable – that’s the hard part – having a futile stop loss
means you keep getting stopped out. Again been through this many times.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
1:200 is FAR TOO RISKY.
You can also get accounts with 1:500
leverage – that is even more risky!
1:100 is sort of the standard but that is
very risky as well.
The lower the leverage the less risk you
have.
Unless you know exactly what you are doing,
and you can TIME your ENTRY into a trade very precisely you shouldn’t be using
such high leverage.
Imagine… you buy into a new trade. It
doesn’t immediately go in your direction, it pushes down a little bit before
heading up. That little bit of a push down could be big enough to cause you a
big loss – BECAUSE you have so much leverage.
Of course you can overcome this issue with
2 things:
1.
Calculating your Lot sizes
sensibly so that your lot sizes are much smaller
2.
Using a reliable forex signal
service to get the best trade ideas with best timing to enter trades.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Equity markets (stocks) have taken a
battering over the past few months. So everyhting is relatively cheap already.
But it doesn’t mean to say they wont get cheaper.
However nothing falls in a straight line…
they fall, they push back up, and then they fall again.
Markets have fallen a lot, enough to justify
buying some stock now. check this
analysis on NASDAQ 100 Market – according to this U.S tech stock should
rally soon:
https://www.youtube.com/watch?v=ebGL0cM99BI
FOCUS on buying the strongest companies out
there – FACEBOOK would be one of them, they are the ones that will rebound
well, thus giving you lower risk.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Equity markets (stocks) have taken a
battering over the past few months. So everyhting is relatively cheap already.
But it doesn’t mean to say they wont get cheaper.
However nothing falls in a straight line…
they fall, they push back up, and then they fall again.
Markets have fallen a lot, enough to
justify buying some stock now. check this
analysis on NASDAQ 100 Market – according to this U.S tech stock should
rally soon:
https://www.youtube.com/watch?v=ebGL0cM99BI
FOCUS on buying the strongest companies out
there, they are the ones that will rebound well, thus giving you lower risk.
If you need help with trading feel free to contact
me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I’m not
sure about the best forex signal – because there are many credible forex signal
providers, and they tend to be very experienced and skilled Market Analysts!
I can
give you some tips to help you choose a reliable forex signal provider since
there are so many SCAMMERS out there damaging the market.
Some
forex signals are useful and some are not. Sadly theres a lot of scammers out
there. AND to make it worst people offer to manage your account – DO NOT let
someone else manage your account especially if it is small. Ask yourself – why does someone
want to manage my small $500 account, or $1000 account? Surely if he is good at
trading he has a lot more money than that to trade with. You need to be careful.
Here are
few simple steps to check that a FX signal service is good:
1. Check
the previous FX signals and see if they were profitable or not
2. follow
their current FX signals and see what the end result on - is most of it
profitable?
3. With
the above 2 you can get an idea of how good an FX Signal service is.
4. If the
profitablity is above 50% then you will surely make profits, Go for it.
5. This
one is quite reputable and real check it out www.financialmarkets.club
BUT… do
not send anyone money, do not let anyone manage your account unless you have
followed them for a long time.
If you need help with trading feel free to contact
me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Crypto is volatile and risky – it doesn’t
really have a fundamental basis to it, and nothing tangible either. But for
speculation only it can be a lucrative tool.
At the moment June 2022, the Crypto market
has been battered. I recently put our analysis that we are very close to the
bottom, if not at the bottom already – you can check it here on youtube: https://www.youtube.com/watch?v=FTfv4ysl1cI
So if we are at the bottom, and the crypto
market moves up, you could pretty much buy any crypto and it will all go up!
Bitcoin seems to be the main indicator / leader so keep and eye on that for
direction for the market.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Most people will give you all these thoughts
ideas and processes. I’m to give you the real deal and talk about 2 things you
should do to stay consistent:
1.
If you are trading on your own
decisions / trade ideas– then trade EVERY DECISION / TRADE IDEA
It’s a huge error retail
traders make, they trade with emotions and CHOOSE which opportunity to trade
and which not to. And it just to happens that you the trades you choose with
your emotions were the losing trades, and the trades you decided NOT to trade
were the winning trades.
So to overcome this, trade every opportunity that you analyse. If you accuracy
is at least 50%, with every trade combined you should end up with a profit.
2.
Use a reliable forex signal
service. Forex signals are provided by skilled and experienced people or
companies that have learn the market already over many years, and for a small
fee they will share their trade ideas with you. COPY ALL THE TRADES. Again
don’t pick and choose, you must trade all the signals, most will be correct,
some will be wrong, but you will be in a profit overall.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Nowadays there is a tonne of knowledge and
information for FREE. And Often VERY CHEAP.
When I started out trading – knowledge was
hard to come buy – I had to buy books and I had to speak to other experienced
traders.
Now you can learn a lot of detailed stuff
on Forex trading for free on youtube and other platforms. So search around man,
it’s all out there for free. BUT REMEMBER ONE THING: nobody is going to give
away their secret and what works really well for them for Free. Would you?
think about it.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Some
forex signals are useful and some are not. Sadly theres a lot of scammers out
there. AND to make it worst people offer to manage your account – DO NOT let
someone else manage your account especially if it is small. Ask yourself – why does someone
want to manage my small $500 account, or $1000 account? Surely if he is good at
trading he has a lot more money than that to trade with. You need to be careful.
Here are
few simple steps to check that a FX signal service is good:
1. Check
the previous FX signals and see if they were profitable or not
2. follow
their current FX signals and see what the end result on - is most of it
profitable?
3. With
the above 2 you can get an idea of how good an FX Signal service is.
4. If the
profitablity is above 50% then you will surely make profits, Go for it.
5. This
one is quite reputable and real check it out http://www.financialmarkets.club/?Ref=QR
BUT… do
not send anyone money, do not let anyone manage your account unless you have
followed them for a long time.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Some forex
signals are useful and some are not. Sadly theres a lot of scammers out there.
AND to make it worst people offer to manage your account – DO NOT let someone
else manage your account especially if it
is small. Ask yourself – why does someone want to manage my small $500
account, or $1000 account? Surely if he is good at trading he has a lot more
money than that to trade with. You need
to be careful.
Here are
few simple steps to check that a FX signal service is good:
1. Check
the previous FX signals and see if they were profitable or not
2. follow
their current FX signals and see what the end result on - is most of it
profitable?
3. With
the above 2 you can get an idea of how good an FX Signal service is.
4. If the
profitablity is above 50% then you will surely make profits, Go for it.
5. This
one is quite reputable and real check it out http://www.financialmarkets.club/?Ref=QR
BUT… do
not send anyone money, do not let anyone manage your account unless you have
followed them for a long time.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Question is why do you want a Forex Account
Manager?
If your account is tiny – like $500 or
$1000 you don’t need an account manager you should be trading yourself. It’s
not worth an account managers time and effort to trade on your account for you.
ALTERNATIVELY you should follow some
reliable forex signals such as this to help you get the best trades to execute:
www.financialmarkets.club/forex-signal?Ref=QR
HOWEVER… if your account is say $50,000+
which means you have the funds but not the knowledge then it makes sense to get
a forex account manager.
But be wear of scammers. Lots out there, pretending
to be capable forex traders. My solution is simple – check the account managers
trade history or analysis to see what their accuracy rate is. if they have an
accuracy above 50% over a good time period then you’re going to be fairly good
hands.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Some FX Signal providers are damn good! It
surprises me actually.
I do a lot of forex analysis and trading and I
think im pretty good at it - my accuracy is about 70%.
And i also follow some forex signal services who
also analyse the same stuff - and shockingly we seem to come out with very
similar numbers. Then i follow the signal until its either hit target or stop
loss.
Obviously an FX signal provider has a unique skills
built over many years of experience and your not going to get all that hard
work for free. But many providers charge a tiny fee for helping you out as they
work on large volum. e.g .small fee + lots of customers.
The benefit is simple and clear:
You get to buy someone years of experience and expertise
for a small price.
Imagine you pay $30 a month for someones Forex
Signals. How much profit could you make
from that? Maybe $500? Maybe $1000? Is it worth paying $30 for that
expertise? Hell yes!
Check this one out: www.financialmarkets.club/forex-signal?Ref=QR
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
This has been my classic problem. Regularly
checking medium or long term investments.
Problem is I like seeing progress so I check regularly, it inspires me…
but that inspiration has side effects.
The problem of checking your stocks or any
investment every day or very regularly is:
1.
You’re emotions kick in when
you see the profit and loss
2.
As a result you make impulsive moves and do something you
shouldn’t do
3.
Such as closing too early or
buying more
When you have a medium to long term
investment… set yourself some limits such as Target Price and Stop Loss. And
only touch these investment if they reach either limit.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
CFD trading is basically a DERIVATIVE of
almost any liquid instrument on the stock market – as long as there is a broker
who has created a CFD for it.
For example you can trade CFDs in Stock and
Shares as well as Commodities and Currencies.
The leverage is usually different in the 2
types, CFDs usually have a leverage of around 5x-20x, whereas forex usually has
a leverage of around 100x – 500x.
As a retail trader you can trade both in a
very similar way, I find calculating the profit and loss on CFD trading much
simpler, as opposed to trying to calculated using “lot” sizes. If you want to
trade Stocks and Shares and want to take bigger risks, but don’t have enough
money – then consider using CFDs for this.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Crypto is volatile and risky – it doesn’t
really have a fundamental basis to it, and nothing tangible either. But for
speculation only it can be a lucrative tool.
At the moment June 2022, the Crypto market
has been battered. I recently put our analysis that we are very close to the
bottom, if not at the bottom already – you can check it here on youtube: https://www.youtube.com/watch?v=FTfv4ysl1cI
So if we are at the bottom, and the crypto
market moves up, you could pretty much buy any crypto and it will all go up!
Bitcoin seems to be the main indicator / leader so keep and eye on that for
direction for the market.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Firstly making 15%+ a day is incredibly
high. You only make such a high return if you take an equally high risk.
With high risk can equal high reward, but
also large losses. So you should really think about that for a few minutes
before pursing such high returns.
Yes you can make 15%+ in a day, it is very
doable.
You could make even more with Crypto ! but
that’s hit and miss, more akin to Gambling.
I highly recommend you consider a more
modest approach to trading/investing.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
You can do all sorts if you can programme
the robot to do it.
Forex Trading Robots use 2 main techniques, Grid
Trading, or Martingale Trading.
robot trading does work, but only when the market
is volatile and generally moving sideways.
BUT… when the market starts trending - which
happens most of the time, your dead in losses and most likely will wipe
yourself out.
To make robot trading safe, follow some expert
analysis from an experience trader where you can get some insight into the
medium term outlook - this will give you an idea of how far the movement can be
and possibly save yourself from teh large trends.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Really Easy to get started. Follow these simple
steps:
1.
Open a Forex Trading account
with a broker
2.
Make sure the broker commission
is low and the Spread is small (spread is difference between buy and sell
prices for each currency pair)
3.
Fund your account with some
money – I suggest at least $1000 for a healthy start.
4.
Now you are ready to trade. BUT
you lack knowledge.
5.
Study and learn the basics of
forex trading.
6.
Study and learn some technical
analysis – mainly Support Resistance, Trendline and Chart Patterns
7.
Now use that knowledge to
forecast the price movement for currency pairs and Trade your forecast.
8.
A better way of knowing what to
trade is to use Forex Signals from a credible provider who is experienced and
skilled in analysing forex. Check out my website for more details on this.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I’ll tell you a secret I wish I knew when I
first started out many years ago.
Learning the markets and gaining experience
takes TIME. There is an easier way… which is to FOLLOW credible FOREX SIGNAL
providers. These are experienced and skilled traders / market analysts who do
all the hard work for you.
For a small fee, they give you the trades
that you need to execute with target price and stop loss. If you find the right
forex signal providers you are sure to make good profits quickly.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
You will need to do some research and
digging around. And also follow forex providers for a while to see how they
perform or check their history if they provide it.
Some
forex signals are useful and some are not. Sadly theres a lot of scammers out
there. AND to make it worst people offer to manage your account – DO NOT let
someone else manage your account especially if it is small. Ask yourself – why does someone want
to manage my small $500 account, or $1000 account? Surely if he is good at
trading he has a lot more money than that to trade with. You need to be careful.
Here are
few simple steps to check that a FX signal service is good:
1. Check
the previous FX signals and see if they were profitable or not
2. follow
their current FX signals and see what the end result on - is most of it
profitable?
3. With
the above 2 you can get an idea of how good an FX Signal service is.
4. If the
profitablity is above 50% then you will surely make profits, Go for it.
5. This
one is quite reputable and real check it out www.financialmarkets.club
BUT… do
not send anyone money, do not let anyone manage your account unless you have
followed them for a long time.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
SORT OF… when theres a lot of selling going
on you get the opportunity to buy at lower prices.
BUT…investors/traders might be selling
stocks for the a long time… for weeks or for months. So when you do decide to
start buying? Getting the timing right is important.
If you jump in too early, then you end up
in losses.
If you jump in too late, then you get
caught up on a pull back downward – again which causes you a loss.
The Key is to follow a credible Market Analyst
who gives you some direction on where the markets are going with a good
accuracy level, check out this one on youtube, very useful market analysis to
help you with your stock trading: https://www.youtube.com/channel/UCR9lQihkDNsNheaKltCJGqw
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
One Word: EXPERIENCE.
Forget anything else anyone else says. You
need to practice, practice practice and gain EXPERIENCE in observing and
recognising key levels in the charts.
Alternatively , consider following some
Forex Signal providers who do all the analysis and just tell you what to trade
with target price and stop loss. Its well worth it if you can find a credible
forex signal provider.
If you need help with trading feel free to contact me. Alternatively checkout my blog to keep up to date with the latest opportunities in the market: http://www.financialmarkets.club/?Ref=QR
There will be some similarities if the
Market Analysts behind the forex signal are credible and experienced – but it
wont be the same – mainly because everyone has different techniques in
calculating / forecasting the market direction and how much it will move by.
I provide forex signals to my customers and
help the make profit. But I also follow some other forex signal guys to see
what they come up with. And it’s shocking actually, how some other guys come up
with numbers very similar to me!
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Yes and No. It depends on your preference,
your style and your remit. If you are working for an institution for example
you need to justify your trade with fundamentals.
I know some traders who still work old
school way, and call their brokers for prices and make decisions based on their
awareness of the markets. I personally find it absurd since I am a technical
trader and my technical analysis is pretty damn accurate.
To give you some heads up here are few
strategies I have tried and tested over the years that work well:
1.
Support Resistance trading –
the easiest technique of all.
2.
Trendline Trading – similar to
support resistance trading
3.
Chart pattern trading – learn
to observe and identify chart patterns.
I’m not including all the other fancy stuff
like 100s of indicators, and fancy named strategies – the fact of the matter is
the above 3 are key techniques you need to learn and get experienced in.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Yes you definitely can make money with forex
robots!
A forex EA is basically automated Trading.
Its a programme you plug into your MT4 or MT5 platform and it will do trading
for you based on the rules defined within the EA.
HOWEVER, what nobody tells you is that Most
EAs do the same thing…. that is, they do Grid Trading or Martingale. Both of
which are very dangerous when teh market is TRENDING in one direction.
EA trading works really well when the
market is volatile and swinging all over the place. When the market is trending
you will probably be dead – so trade with caution.
If you need help with trading feel free to contact me. Alternatively checkout my blog to keep up to date with the latest opportunities in the market: http://www.financialmarkets.club/?Ref=QR
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Also check out this youtube channel to get
insights into forex: https://www.youtube.com/channel/UCR9lQihkDNsNheaKltCJGqw
It’s quite simple actually, 2 key things:
1.
What commission they take for
each transaction
2.
How big their spreads are
compared to the market
Both of the above will eat into your
profits, especially if you do lots of small trades. Most people don’t factor in
this cost.
Another cost you can look into is OVERNIGHT
FUNDING – because you are margin trading, you need to pay a fee for holding
your positions to the next day, since its borrowed money. That can also eat
into your profits.
I had some positions in OIL and GOLD
(XBRUSD and XAUUSD), and I forgot to close them on Friday. The overnight
funding for the weekend cost me $500!! They just took it from my account. Damn
it!
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in teh market: http://www.financialmarkets.club/trader-blog
A forex EA is basically automated Trading.
Its a programme you plug into your MT4 or MT5 platform and it will do trading
for you based on the rules defined within the EA.
HOWEVER, what nobody tells you is that Most
EAs do the same thing…. that is, they do Grid Trading or Martingale. Both of
which are very dangerous when teh market is TRENDING in one direction.
EA trading works really well when the
market is volatile and swinging all over the place. When the market is trending
you will probably be dead – so trade with caution.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Forex Strategies have been pretty much the
same for many decades. Nobody will share their Actual technique – anyone who
claims to have done so is lying im afraid. They will give you pieces of their
technique – not exactly how they make big profits.
There are many strategies out there you
can’t try everything. So here are few strategies I have tried and tested over
the years that work well:
1.
Support Resistance trading –
the easiest technique of all.
2.
Trendline Trading – similar to
support resistance trading
3.
Chart pattern trading – learn
to observe and identify chart patterns.
I’m not including all the other fancy stuff
like 100s of indicators, and fancy named strategies – the fact of the matter is
the above 3 are key techniques you need to learn and get experienced in.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Think of Forex Trading like doing your own
business. And in this business you are the trader, the buyer and seller. Your
doing business with a lot of other traders who you don’t get to meet or see – it’s
all done online.
So if you want to be independent, not have
a boss, want to work when you want to work then forex trading is an excellent
way.
BUT… it requires a lot of learning, making
mistakes, and gaining experience. You wont be successful right away. Your first
few trades you will most likely make profit – its called beginners luck – and
then the misery kicks in and you lose…. But that’s why you need to learn the
trade properly first.
Don’t follow peoples Tips just because your
friend said buy EURUSD or something.
If you want to follow someone – then follow
skilled experienced guys who give Forex Signals for you to copy – its an
excellent way to be a profitable forex trader if you are lacking detailed
knowledge of the trade.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Forex Strategies have been pretty much the
same for many decades. Nobody will share their Actual technique – anyone who
claims to have done so is lying im afraid. They will give you pieces of their
technique – not exactly how they make big profits.
There are many strategies out there you
can’t try everything. So here are few strategies I have tried and tested over
the years that work well:
1.
Support Resistance trading –
the easiest technique of all.
2.
Trendline Trading – similar to
support resistance trading
3.
Chart pattern trading – learn
to observe and identify chart patterns.
I’m not including all the other fancy stuff
like 100s of indicators, and fancy named strategies – the fact of the matter is
the above 3 are key techniques you need to learn and get experienced in.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
The lot size you use depends on your
account size. If your lot size is too big – rather than making lots of profit
you will most likely kill your account.
When deciding your lot size you MUST give
yourself enough room for the price to go against you.
Which means…. KNOW your STOP LOSS.
Decide how much you are willing to lose IF
price reached your stop loss. And now reverse calculate from there – if I am
willing to lose X amount when price goes down to Y – what lot size do I need to
buy?
People will give you lots of different
formulas for this based on their experiences etc, but nobody will actually tell
you how they personally do it – nobody shares their trading secrets right? I prefer to use a magic number that I came up
with over the years, which I’ve learnt the hard way after losing a lot of money
– so that wont be given away for free either. However I am willing to help and
guide you should you ask.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Realistically you can make 20% or more a
month trading forex. That is 20% growth on your account size.
BUT… that may not be consistent every
month. If you want consistency you need to reduce your risk. Reducing your risk
by taking smaller position sizes also means you reduce your profit potential.
To get a good start on forex trading I
suggest new retail traders start out with $1000. Don’t listen to the nonsense
that people say about starting an account with $100 and what not. You will just
lose it quickly and give up.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I’ll keep this short and simple for you as
I don’t think a 1 page explanation is required here.
Technically you can start trading with a
small tiny trading account. Many brokers allow that.
BUT… you will only be able to do a TINY
POSITION SIZE – maybe like 0.01 lot.
Now the problem is:
1.
The brokers spreads might put
you into a negative immediately as soon as you open the position. (spread is
difference between buy and sell price).
2.
The market just needs to move
by a tiny tick in the opposite direction and your dead already.
So basically it’s
pointless. Be reasonable and use a more reasonable account size, like at least
$100, it is possible to get off to a good start with just $100.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I’ll keep this short and simple for you as
I don’t think a 1 page explanation is required here.
Technically you can start trading with only
$5 in the trading account. Many brokers allow that.
BUT… you will only be able to do a TINY
POSITION SIZE – maybe like 0.01 lot.
Now the problem is:
1.
The brokers spreads might put
you into a negative immediately as soon as you open the position. (spread is
difference between buy and sell price).
2.
The market just needs to move
by a tiny tick in the opposite direction and your dead already.
So basically it’s
pointless. Be reasonable and use a more reasonable account size, like at least
$100.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
It sounds like you are looking to learn
some strategies. There are many techniques out there you can’t try everything.
So here are few strategies I have tried and tested over the years that work
well:
1.
Support Resistance trading –
the easiest technique of all.
2.
Trendline Trading – similar to
support resistance trading
3.
Chart pattern trading – learn
to observe and identify chart patterns.
I’m not including all the other fancy stuff
like 100s of indicators, and fancy named strategies – the fact of the matter is
the above 3 are key techniques you need to learn and get experienced in.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
The more you trade the more money your
broker makes. They want you to keep going in and out of a trade. Rather than
hold onto a successful trade for a long time.
Stop Losses are great to help you cut your
losses. But brokers also have theyre eyes on this! don’t be surprised if you often
see that your trade reaches stop loss and at that perfect moment the price
reverses. And you think to yourself “how the hell can my stop loss be so
perfect that the price reverses there”. So perfect yet so imperfect!
Your broker plays around with the spreadsheet
to put the price close to your stop loss when the market price is coming near
it.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Nowadays there is a tonne of knowledge and
information for FREE. And Often VERY CHEAP.
When I started out trading – knowledge was
hard to come buy – I had to buy books and I had to speak to other experienced
traders.
Now you can learn a lot of detailed stuff
on Forex trading for free on youtube and other platforms. So search around man,
it’s all out there for free. BUT REMEMBER ONE THING: nobody is going to give
away their secret and what works really well for them for Free. Would you?
think about it.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
You might not like my answer to this. But
FOREX trading is definitely better than Cryptocurrency trading.
Cryptocurrency trading is PURE GAMBLING
man. It’s a young market, not enough institutional interest, irrational and
highly driven by irrational retail investors. When the market is mature with big
players it will become less volatile and more “analysable” – I made up this
word because I didn’t want to write “predictable”.
FOREX trading on the hand you can do a lot
of analysis to come up with highly probable outcomes – I called it taking an
educated guess as opposed to gambling like it’s a lottery where you don’t even
know what your doing.
It is a controversial topic after all, I
know people will have various opinions on this.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
It sounds like you are looking to learn
some strategies. There are many techniques out there you can’t try everything.
So here are few strategies I have tried and tested over the years that work
well:
1.
Support Resistance trading –
the easiest technique of all.
2.
Trendline Trading – similar to
support resistance trading
3.
Chart pattern trading – learn
to observe and identify chart patterns.
I’m not including all the other fancy stuff
like 100s of indicators, and fancy named strategies – the fact of the matter is
the above 3 are key techniques you need to learn and get experienced in.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
$1000 is a good number to start with. $500
is also fine. You could make good profits every month with a small account like
this – I’d say easily 20% a month to begin with.
There are 2 key things to get right:
1.
Get the trades right – you want
to be correct at least 50% of the time. If you are not good at analysis the
follow a credible forex signal provider – these are experienced and skilled
market analysts who give you the trade to do.
2.
Get the money management right
– if you’re trade size is too big you wont be able to last long. If it is too
small then you have just lost out on an opportunity. You need to work out what
trade size works for you.
It took me years of mistakes to realise something that nobody tells you – a lot
of it is down to your MIND and managing your MIND.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Everyone will have their own preference to
be honest so you will get a lot of different answers to this question.
It all boils down to what you start using
in your early days of trading and get comfortable with.
I started my early days of trading using
RSI and MACD – I back tested the combination and it worked quite well. But then
when I traded for real it didn’t work. It took
me a long time to realise the problems – a very expensive lesson.
There is no such thing as a perfect
indicator but yes if oyu can use it skilfully an indicator will HELP. The most
valuable thing is EXPERIENCE and OBSERVATION – being able to identify patterns
and changes in market behaviour looking at a chart.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I’m not
sure about the best forex signal – because there are many credible forex signal
providers, and they tend to be very experienced and skilled Market Analysts!
I can
give you some tips to help you choose a reliable forex signal provider since
there are so many SCAMMERS out there damaging the market.
Some
forex signals are useful and some are not. Sadly theres a lot of scammers out
there. AND to make it worst people offer to manage your account – DO NOT let
someone else manage your account especially if it is small. Ask yourself – why does someone
want to manage my small $500 account, or $1000 account? Surely if he is good at
trading he has a lot more money than that to trade with. You need to be careful.
Here are
few simple steps to check that a FX signal service is good:
1. Check
the previous FX signals and see if they were profitable or not
2. follow
their current FX signals and see what the end result on - is most of it
profitable?
3. With
the above 2 you can get an idea of how good an FX Signal service is.
4. If the
profitablity is above 50% then you will surely make profits, Go for it.
5. This
one is quite reputable and real check it out www.financialmarkets.club
BUT… do
not send anyone money, do not let anyone manage your account unless you have
followed them for a long time.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Personally I think back testing strategies
is a waste of time. I know a lot of people will get angry hearing this. let me
quickly explain.
If someone has created a strategy and they
have back tested it already and giving oyu the results – just follow that.
don’t waste your time and back test it for yourself – the results will be awesome
and oyu will be super motivated to trade (im trading from experience in my
early days).
But then when you do the real trading with
the strategy – it DOESN’T BLIMMIN WORK!
The market dynamics changes, or your timing
is really bad, and all sorts of other things go wrong.
There is a lot more to trading than the
strategy – its called the MIND and MONEY MANAGEMENT, which is where most people
fail. Trading isnt suitabel for everyone – its boils down to our MIND.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Everyone will have their own preference to
be honest so you will get a lot of different answers to this question.
It all boils down to what you start using
in your early days of trading and get comfortable with.
I started my early days of trading using
RSI and MACD – I back tested the combination and it worked quite well. But then
when I traded for real it didn’t work. It took
me a long time to realise the problems – a very expensive lesson.
There is no such thing as a perfect
indicator but yes if oyu can use it skilfully an indicator will HELP. The most
valuable thing is EXPERIENCE and OBSERVATION – being able to identify patterns
and changes in market behaviour looking at a chart.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Firstly there are a lot of pessimistic
people in this world and they will say “forex signals don’t work” – but yet
they trade the forex market by themselves and make lots of losses. So don’t
listen to all this nonsense.
Some
forex signals are useful and some are not. Sadly theres a lot of scammers out there.
AND to make it worst people offer to manage your account – DO NOT let someone
else manage your account especially if it
is small. Ask yourself – why does someone want to manage my small $500
account, or $1000 account? Surely if he is good at trading he has a lot more
money than that to trade with. You need
to be careful.
Here are
few simple steps to check that a FX signal service is good:
1. Check
the previous FX signals and see if they were profitable or not
2. follow
their current FX signals and see what the end result on - is most of it
profitable?
3. With
the above 2 you can get an idea of how good an FX Signal service is.
4. If the
profitablity is above 50% then you will surely make profits, Go for it.
5. This
one is quite reputable and real check it out www.financialmarkets.club
BUT… do
not send anyone money, do not let anyone manage your account unless you have
followed them for a long time.
If you need help with trading feel free to contact
me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Very simple actually to read forex signals.
Some people over complicate it which I dislike. They give lots of TP and stuff
which I personally think is nonsense.
A typical forex signal should look like
this:
1.
A chart of the currency pair
2.
Open price
3.
Target Price (only 1 target
price)
4.
Stop Loss
A good forex signal provider will give you
realistic numbers for 2,3,4 and you simple implement this on your trading app.
Simple.
The best signal provider will inform you if
a trade needs to be closed early because the target price might not be reached.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
As an Enterpreneur, and Trader for many
years I can give you a realistic answer to this.
Everything requires an investment of some
kind. There is no such thing as free money – unless is the government giving it
out for free as they have in recent years! But that has a cost that our
children will pay for in a generation time!
To earn.. you need to invest “something”.
Whether it is your TIME or your INITIAL MONEY.
So if you want to make money online without
investing any money… then MARKETING is the best way to go about it. You just
need to dedicate your time and effort doing marketing and get interested
customers to buy something.
Now buy what? Choose any product that you think
is great, and offers a good commission to you (affiliate marketing). Then get
people to come and buy this product and you will get your commission.
This website has some good commission for
affiliate marketing with a HIGH DEMAND product: http://www.financialmarkets.club/?Ref=QR
Seriously why do you want only 10 pips a day?
Either you want to do very large trades to make lots of money with 10 pips. Or
you have a lot of patience earning tiny profits.
Catching 10 pips a day is really easy… but
don’t expect it in 1 trade. You should expect to make a NET GAIN of 10 pips
with 2-3 trades. Your first trade of the day might result in stop loss being
hit.
Alternatively follow skilled guys who give
forex signals – they usually catch like 100-200 pips a day!
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Automated trading is RISKY. It works mainly
using 2 techniques, GRID TRADING or MARTINGAL TECHNIQUE.
These techniques work well when the market
is volatile and swinging. BUT when the market starts trending in one direction
you’re in trouble and will most likely blow your account.
BUT you can make good profits with
automated trading. I did once… I turned $100k into $300,000 within 6 weeks.
And then suddenly the market started
trending… and BANG…. The entire $300k wiped out within few days.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I’m not going to give you 100 ways to earn
online. You will never get round to exploring these. Ill give you some ways
that I have personally tried:
1.
Start some kind of online
business that you can do from your computer.
2.
Teach online
3.
Start an online store
4.
Do freelancing jobs online
5.
Do affiliate marketing online
6.
Trade shares or forex online
Currently I have gone back to Trading Forex
online as my skill has become extraordinarily good in this. But I spent many
years doing an online business.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
You probably need a correction there.
An EXCHANGE is where all the trading
happens and goes through.
A BROKER is what you need to be able to
trade on the exchanges (as a retail trader).
So you’re probably thinking about “trusted
brokers”.
Finding trusted brokers is simple:
1.
Search on the internet for
forex trading brokers
2.
Check their site
3.
Check their reviews to make
sure their genuine
Avoiding scammers is simple:
1.
Don’t believe it when they say
“double your account”
2.
Don’t accept people offering to
manage your tiny account of $500.
3.
Don’t follow people who are
constantly advertising their greatness.
4.
Don’t even deal with so called
forex guys who keep marketing themselves – if theyre so great at forex they
should be focusing on their trading not marketing all the time.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
For beginners I recommend using a trading
app PROVIDED by the broker. You can choose any broker you like – just make sure
theyre Spreads are small, and their commissions for each trade isnt too high.
Using your brokers app (phone or computer)
will be simple for you as a beginner as they design these apps for newbies.
If you are skilled and experienced, then I
recommend using third part applications like Meta Trader. This is literally
badass. You can do a tonne of things INCLUDING doing automatic robotic trading.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I’ll keep this short and simple for you as
I don’t think a 1 page explanation is required here.
Technically you can start trading with only
$5 in the trading account. Many brokers allow that.
BUT… you will only be able to do a TINY
POSITION SIZE – maybe like 0.01 lot.
Now the problem is:
1.
The brokers spreads might put you
into a negative immediately as soon as you open the position. (spread is
difference between buy and sell price).
2.
The market just needs to move
by a tiny tick in the opposite direction and your dead already.
So basically it’s
pointless. Be reasonable and use a more reasonable account size, like at least
$100.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I disagree with anyone that says Technical
Analysis works very well for Crypto. Whilst technical analysis works very well
for FOREX market, Crypto is not a very liquid market – this is the key I think.
Liquid crypto assets like bitcoin, etherum
can be analysed using technical analysis – but less liquid crpto especially
newer ones – your just gambling whilst you think you think you are calculating
a highly probabilistic price movement.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
You absolutely can! But it will take time,
and in the mean time you should have a job or some other source of stable
income.
However you should not do forex trading
with money that you cannot afford to lose – if the money you are using means a
lot to you, then your emotions are tied with this and you will make lots of
mistakes.
Here are few simple steps to get you
started. I am giving you advice that I wish I had when I started forex trading
to make my journey easier and more profitable:
1.
Learn the basics of the market
and how it works
2.
Learn the basics of using a broker
and how trading LOTS works
3.
Find a credible and real forex
signal provider – these are companies who have the skill and knowledge already
and share their trade ideas with you for a small fee like $1 a day.
4.
Check their past trades to see
their overall performance.
5.
If their performance is good –
copy them and trade. Easy money.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Ill keep this answer simple in layman
terms. Everyone will most likely give a lot of jargon on monetary fiscal policy
and what not.
Let’s face it, a core reason for this
inflation is all the money printing central banks have done – eroding eroding
the value of money – which comes in the form of inflation. They KNEW it would
happen they just thought it wouldn’t be much.
So now central banks need to keep raising
interest rates and few other things to bring inflation under control. But will
that save you and me the general public? No that will create a new problem for
us which is high interest rates! – eventually leading to a recession – now
that’s worse for you and me,.
Or I suppose we could just wait until
everything else catches up – e.g. wages are increased so that we get that same
purchasing power back and it “looks like” inflation has come down.
Either way, you and I the general public
are in trouble and we will suffer.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Here are few simple steps to get you
started. I am giving you advice that I wish I had when I started forex trading
to make my journey easier and more profitable:
1.
Learn the basics of the market
and how it works
2.
Learn the basics of using a
broker and how trading LOTS works
3.
Find a credible and real forex
signal provider – these are companies who have the skill and knowledge already
and share their trade ideas with you for a small fee like $1 a day.
4.
Check their past trades to see
their overall performance.
5.
If their performance is good –
copy them and trade. Easy money.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
EASILY.
If you have $10,000 account balance, you
just need one small trade to be right and you’ve made $100.
I personally suggest you think about “how
do I improve my accuracy in forex trading”. If you are accuracy is high and you
are trading all the opportunities then without a doubt you will make $100 a day
at least.
Even if 50% of your trades are correct – you
will be in a good profit. Don’t believe me? Check this weekly summary I sent to
my followers last week – you will see we made some losses, and we had 54% accuracy
for that week, but we made a hell lot more in profit:
Last Weeky Summary :: 30-May to 3-June 2022
----------------------------------------------------
**Total Trades : 13
Total Trades Reach Target :
7
Total Pips on Target :
1370
🔥🔥🔥🔥🔥🔥🔥🔥
Total Trades Hit Stop Loss :
6
Total Pips at Stop Loss :
-292
Profit Rate vs losses =
4.7x
Meaning we make 4.7x MORE Profit
✅✅✅✅✅✅✅✅✅✅
Success Rate for Last Week:
54%
Success Rate All Time :
68%
🙏Thank you all
for your Trust and Confidence. 🙏
💵💵💵Enjoy your Profits. 💵💵💵
🥇Looking forward
to next week Trading!
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
YES you can make 20-50 pips quite easily
per day, and it is realistic. But don’t expect to just do one trade and get it
right. You need to do a few trades and work on getting a net profit with your
pips.
Check this weekly summary I sent to my
followers last week – you will see we made some losses, and we had 54% accuracy
for that week, but we made a hell lot more in profit.
1370
pips / 5 days = 274 pips in a day!
Last Weeky Summary :: 30-May to 3-June 2022
----------------------------------------------------
**Total Trades : 13
Total Trades Reach Target :
7
Total Pips on Target :
1370
🔥🔥🔥🔥🔥🔥🔥🔥
Total Trades Hit Stop Loss :
6
Total Pips at Stop Loss :
-292
Profit Rate vs losses =
4.7x
Meaning we make 4.7x MORE Profit
✅✅✅✅✅✅✅✅✅✅
Success Rate for Last Week:
54%
Success Rate All Time :
68%
🙏Thank you all
for your Trust and Confidence. 🙏
💵💵💵Enjoy your Profits. 💵💵💵
🥇Looking forward
to next week Trading!
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
I don’t think anyone can give you an answer
for that to be honest. And if anyone
does its totally hypothetical. Potentially he can double, triple or even 10x
your account in a year, but doing it is not easy, your strategy has to be good
and your attitude has to be right.
If you are thinking about how much you can
make a day in Forex Trading I think you have the wrong mentality already.
What most people do is focus on the profits
they can make – rather you should be focusing on “getting your analysis right
and your strategy perfected” AND “focusing on protecting your equity” so that
you can keep trading even if a trade goes wrong.
I personally suggest you think about “how
do I increase my accuracy in forex trading”. If you are accuracy is high and
you are trading all the opportunities then without a doubt you will make
profit.
Even if 50% of your trades are correct –
you will be in a good profit. Don’t believe me? Check this weekly summary I
sent to my followers last week – you will see we made some losses, and we had
54% accuracy for that week, but we made a hell lot more in profit:
Last Weeky Summary :: 30-May to 3-June 2022
----------------------------------------------------
**Total Trades : 13
Total Trades Reach Target :
7
Total Pips on Target :
1370
🔥🔥🔥🔥🔥🔥🔥🔥
Total Trades Hit Stop Loss :
6
Total Pips at Stop Loss :
-292
Profit Rate vs losses = 4.7x
Meaning we make 4.7x MORE Profit
✅✅✅✅✅✅✅✅✅✅
Success Rate for Last Week:
54%
Success Rate All Time :
68%
🙏Thank you all
for your Trust and Confidence. 🙏
💵💵💵Enjoy your Profits. 💵💵💵
🥇Looking forward
to next week Trading!
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
If you are thinking about how much you can
make a day in Forex Trading I think you have the wrong mentality already.
What most people do is focus on the profits
they can make – rather you should be focusing on “getting your analysis right
and your strategy perfected” AND “focusing on protecting your equity” so that
you can keep trading even if a trade goes wrong.
I personally suggest you think about “how
do I increase my accuracy in forex trading”. If you are accuracy is high and
you are trading all the opportunities then without a doubt you will make
profit.
Even if 50% of your trades are correct –
you will be in a good profit. Don’t believe me? Check this weekly summary I
sent to my followers last week – you will see we made some losses, and we had 54%
accuracy for that week, but we made a hell lot more in profit:
Last Weeky Summary :: 30-May to 3-June 2022
----------------------------------------------------
**Total Trades : 13
Total Trades Reach Target :
7
Total Pips on Target :
1370
🔥🔥🔥🔥🔥🔥🔥🔥
Total Trades Hit Stop Loss :
6
Total Pips at Stop Loss :
-292
Profit Rate vs losses =
4.7x
Meaning we make 4.7x MORE Profit
✅✅✅✅✅✅✅✅✅✅
Success Rate for Last Week:
54%
Success Rate All Time :
68%
🙏Thank you all
for your Trust and Confidence. 🙏
💵💵💵Enjoy your Profits. 💵💵💵
🥇Looking forward
to next week Trading!
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Here are few simple steps to get you started. I am giving you advice that I wish I
had when I started forex trading to make my journey easier and more profitable:
1.
Learn the basics of the market
and how it works
2.
Learn the basics of using a
broker and how trading LOTS works
3.
Find a credible and real forex
signal provider – these are companies who have the skill and knowledge already
and share their trade ideas with you for a small fee like $1 a day.
4.
Check their past trades to see
their overall performance.
5.
If their performance is good –
copy them and trade. Easy money.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
As an FX and Gold Trader I can give you a realistic
answer to this.
Forex Trading Robots use 2 main techniques, Grid
Trading, or Martingale Trading.
robot trading does work, but only when the market
is volatile and generally moving sideways.
BUT… when the market starts trending - which happens
most of the time, your dead in losses and most likely will wipe yourself out.
To make robot trading safe, follow some expert
analysis from an experience trader where you can get some insight into the
medium term outlook - this will give you an idea of how far the movement can be
and possibly save yourself from teh large trends.
if you need help
with forex trading feel free to reach out to me.
Yes you definitely can make money with
forex robots!
A forex EA is basically automated Trading.
Its a programme you plug into your MT4 or MT5 platform and it will do trading
for you based on the rules defined within the EA.
HOWEVER, what nobody tells you is that Most
EAs do the same thing…. that is, they do Grid Trading or Martingale. Both of
which are very dangerous when teh market is TRENDING in one direction.
EA trading works really well when the
market is volatile and swinging all over the place. When the market is trending
you will probably be dead – so trade with caution.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
Firstly there is no such thing as easy
money and earning lots of money fast. Everything requires effort.
However one thing that could make you money
fast is GAMBLING. Gambling with lottery or gambling on the stock market or
gambling with crypto. If you are just pure lucky you might make lots of money,
or you might just get destroyed. Gambling is a no no from me.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in the market: http://www.financialmarkets.club/?Ref=QR
The answer to this is simple and quick.
There is no such thing. Nobody knows what will happen next in the stock market.
Experienced, skilled, analytical people are able to calculate with high
accuracy what is most probable to happen next, but that doesn’t make any trade
easy.
If there was an easy trade the entire
financial market would know about it and everyone would become millionaires.
Not possible.
If
you need help with trading feel free to contact me. Alternatively checkout my
blog to keep up to date with the latest opportunities in the market: http://www.financialmarkets.club/?Ref=QR
This is a good question, and both is
important.
A Trading Strategy is important to know how
you will be executing your trades, you entry, exit points and signals.
Equally important is your attitude towards
trading – most people get this wrong – that is they don’t focus on preserving
the account capital. If you have no capital
and blow your account, how will you continue to trade and recover your
losses or go into profit eventually?
Most people focus on profits, and fast
profits. This is the wrong attitude – focus on preserving your capital and
making smaller profits to build the account gently.
If
you need help with trading feel free to contact me. Alternatively checkout my
blog to keep up to date with the latest opportunities in the market: www.financialmarkets.club/trader-blog/?Ref=QR
As an FX and Gold Trader I can give you a realistic
answer to this.
Let's put it this way.... Central banks
printed money for almost 2 years, gave away free money, paid people free
salaries in the name of furlough and they expected no or little side effects?
Today we are suffering from high inflation
as a result of this (including some other factors).
Furthermore, central banks thought they
could control Inflation using their monetary policies, in particular interest
rates, it may work eventually, but not until we get hurt by inflation.
Already there's word on the street that
inflation may have peaked - utter nonesense and false belief. The recent
commodity price increases we have seen in the last 2 months are still yet to
have a knock on effect on inflation globally.
To summarise, get ready for a hard time
ahead, and a very likely global recession with stock markets crashing
everywhere.
This all may sound like doomsday... But at
teh end of it, if you can survive.. Will be some great opportunities... Start
buying strong stocks etc.
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in teh market: http://www.financialmarkets.club/trader-blog
As an FX and Gold Trader I can give you a
realistic answer to this.
Some
forex signals are useful and some are not. Sadly theres a lot of scammers out
there. AND to make it worst people offer to manage your account – DO NOT let
someone else manage your account especially if it is small. Ask yourself – why does someone
want to manage my small $500 account, or $1000 account? Surely if he is good at
trading he has a lot more money than that to trade with. You need to be careful.
Here are
few simple steps to check that a FX signal service is good:
1. Check
the previous FX signals and see if they were profitable or not
2. follow
their current FX signals and see what the end result on - is most of it
profitable?
3. With
the above 2 you can get an idea of how good an FX Signal service is.
4. If the
profitablity is above 50% then you will surely make profits, Go for it.
5. This
one is quite reputable and real check it out www.financialmarkets.club
BUT… do
not send anyone money, do not let anyone manage your account unless you have
followed them for a long time.
if you
need FX and Gold Trading advice please feel free to ping me.
It’s quite simple actually, 2 key things:
1.
What commission they take for
each transaction
2.
How big their spreads are
compared to the market
Both of the above will eat into your
profits, especially if you do lots of small trades. Most people don’t factor in
this cost.
Another cost you can look into is OVERNIGHT
FUNDING – because you are margin trading, you need to pay a fee for holding
your positions to the next day, since its borrowed money. That can also eat
into your profits.
I had some positions in OIL and GOLD
(XBRUSD and XAUUSD), and I forgot to close them on Friday. The overnight
funding for the weekend cost me $500!! They just took it from my account. Damn
it!
If you need help with trading feel free to contact me. Alternatively checkout my blog to keep up to date with the latest opportunities in teh market: http://www.financialmarkets.club/trader-blog
Some FX Signal providers are damn good! It
surprises me actually.
I do a lot of forex analysis and trading and I
think im pretty good at it - my accuracy is about 70%.
And i also follow some forex signal services who
also analyse the same stuff - and shockingly we seem to come out with very
similar numbers. Then i follow the signal until its either hit target or stop
loss.
Obviously an FX signal provider has a unique skills
built over many years of experience and your not going to get all that hard
work for free. But many providers charge a tiny fee for helping you out as they
work on large volum. e.g .small fee + lots of customers.
The benefit is simple and clear:
You get to buy someone years of experience and
expertise for a small price.
Imagine you pay $30 a month for someones Forex
Signals. How much profit could you make
from that? Maybe $500? Maybe $1000? Is it worth paying $30 for that
expertise? Hell yes!
If you need help
with your forex trading feel free to reach out to me. This forex signal is quite
reputable and real check it out www.financialmarkets.club
Few points you should cover for an
effective forex strategy:
If you need help with trading feel free to
contact me. Alternatively checkout my blog to keep up to date with the latest
opportunities in teh market: http://www.financialmarkets.club/trader-blog
What I am going to tell you might be controversial because
everyone has different opinions. I wish I knew this before in my early days, I
would surely be far richer than I am now. I learnt it the hard way.
There are forex traders out there who are
damn good at what they do. And some are willing to share their knowledge and
trade ideas also known as forex signals for a small fee. These people have
built their skill through years of experience, knowledge and studying the
markets. They learnt the hard way just like me.
Ask yourself, do you want to re-invent the wheel and go through that
journey, or would you rather find
someone who has invented the wheel and jump on his ride?
I’d choose to jump on his ride. Of course
it wont be free, ill have ot pay him something otherwise hee/she wouldn’t share
their knowledge with me – I mean why should they if there is nothing in it for them?
So go ahead find someone skilled,
check their success rate, and copy them!
If you need help
with your forex trading feel free to reach out to me. This forex signal is quite
reputable and real check it out www.financialmarkets.club