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We are a trade community focused on trader development and education with Stock, Forex, and Option trading. From real-time education, trading analysis, and even regular events for traders and the community, we strive to be a supportive team to help you grow as a trader at every step in the process! Join our Trading Community Here: https://discord.gg/togethearn
Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and runs Volatility.RED as a resource site for traders.
“Unlimited forex returns in less than a week, and it’s free!” These are some of the fake promises scammers will often make to you. To learn more about this, we interviewed someone who has recently got scammed by a trading signal charlatan. Valhalla Europe aims to stop these scams through education.
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In the UAE, where the desert sands shift, There is a need for greater investment in sex education to uplift, Our young people and help them understand, The importance of healthy relationships and the consequences of bad. For too long, we have ignored this crucial need, Leaving our youth to navigate a world that is full of greed, And temptation, without the knowledge and tools to succeed, It's time for our leadership to take the lead. Investing in sex education will not only benefit our youth, But also help to reduce the rates of unwanted pregnancies and STIs in the truth, It will provide them with the information and skills they need, To make informed decisions and avoid potential pitfalls and deeds. By investing in sex education, we are also investing in the future, Ensuring that our young people are equipped with the knowledge to mature, Into healthy, responsible adults who can contribute to society in a positive way, It's time for our leadership to take this crucial step today. author: text-davinci-003 prompt: "Write a poem about the need of UAE leadership to invest more into sex education" https://chat.openai.com/chat
I am a day trader who trades forex been doing it since I was 18 I’m 23 now looking for something more I’m doing well have 6 figure portfolio but I want a steady income. I’ve been looking into this am I wasting my time? I have no college education but I know a lot financially.
First time posting so be gentle. I'm in my late 30s, is it too late to learn trading/forex? Is it a young person's games ie eyeballs glued to monitors 24/7?
Is it necessary to follow a particular strategy(or make one) in forex trading? Cant we just make some good gains with support resistances, Chart patterns, Candlestick patterns and fundamentals?
How To Use Forex Trading Education To Your Advantage At All Times
Opportunely for us all, we now have quite a few techniques to generate back what is lost. Because with the expanding technology, the job choices made available to us are abundant. While these jobs may perhaps seem new at all to some, it can in fact be extremely uncomplicated to recognize their common ideas. One specific job may be discovered within the currency trading business. The currency trading business is certainly one tough nut to compromise, but the possible rewards it provides is far too numerous to ignore. The basic principle of currency trading is very simple: you exchange one currency for an additional in case you have cause to think that a currency’s worth is bound to go up or down. Since with this, you actually will need to obtain foresight to be able to be fruitful. Ought to you're making the right trade at the correct time, you are able to be prepared to earn a lot of dollars in just a couple of hours’ worth of work. For example, when you believe that a currency will change due to a particular reason, it might be astute to sell it for a new 1. Doing this in succession will certainly earn you plenty of funds in no time. In spite of sounding straightforward from that point of view, Forex trading is still an incredibly complex fiend to beat. You'll be endangering capital and when you have zero idea in what you're doing, then it might be the same as betting. Your very best medicine in this case would be to study it by obtaining some Forex training. Acquiring proper Forex trading training is definitely fundamental to your victory. Just like with anything in everyday life, practice does make ideal. And acquiring the best Forex trading training feasible will definitely prove to be useful inside your mission for success. Joining the world of foreign exchange trading with erstwhile encounter could incredibly well be the smartest thing you'll be able to do.
Hi everyone. I've had a few emails from people asking about "forex courses", sold as a form of "academy" training. The source of interest seems to be YouTube ads that show big cars, fine wines, fast boats etc. Anyway, we've put together this guide to warn people of the dangers, as well as shortlist what's available for free and what's generally trustworthy. Background: Many people think they will pay $5,000 for a course, make a few trades, and soon fly around in helicopters. I don't know whether this is the marketing pushed by 'gurus' or general dreaming, or a bit of both, but the reality couldn't be more disappointing and soul-destroying. Sadly I've known smart people from uni get caught up in this, and the results have not been profitable. Fortunately, with closed borders, these "gurus" haven't been able to tout their wares in person (usually in hotel conference rooms), but no doubt this will return. While it's obvious to most it's shady; the minority make it lucrative enough to keep grinding away and luring in people. I've not named any provider for legal reasons (short of it is, they will send legal letters if I do, which is lame at best and at worst a waste of paper). Australia used to have dozens of FX "spruikers", which caused many problems, but ASIC has taken a dim view and got stuck in. This, in some way, has helped limit NZ exposure as the markets are seen as the same by many a 'guru'. If you have any insights or questions, do let me know. Thanks, everyone.
What is Forex? Think the stock market is huge? Think again. Learn about the LARGEST financial market in the world and how to trade in it.
What Is Forex?Learn about this massively huge financial market where fiat currencies are traded.
What Is Traded In Forex?Currencies are the name of the game. Yes, you can buy and sell currencies against each other as a short-term trade, long-term investment, or something in-between.
Buying And Selling Currency PairsThe first thing that you need to know about forex trading is that currencies are traded in pairs; you can’t buy or sell a currency without another.
Forex Market Size And LiquidityThe Forex market is yuuuuuuuggggeeee! And that comes with a lot of benefits for currency traders!
The Different Ways To Trade ForexSome of the more popular ways that traders participate in the forex market is through the spot market, futures, options, and exchange-traded funds.
Why Trade Forex? Want to know some reasons why traders love the forex market? Read on to find out what makes it so attractive!
Why Trade Forex: Forex vs. StocksNobody likes bullies! Good thing for us, unlike the stock market, there is no one financial institute large enough to corner the forex market!
Why Trade Forex: Forex vs. FuturesThe futures market trades a puny $30 billion per day. Thirty billion? Peanuts compared to the FIVE TRILLION that is traded daily in the forex market!
Who Trades Forex? From money exchangers, to banks, to hedge fund managers, to local Joes like your Uncle Pete – everybody participates in the forex market!
Forex Market StructureBecause there is no centralized market, tight competition between banks normally leads to having the best prices! Boo yeah!
Forex Market PlayersThe forex market is basically comprised of four different groups.
Know Your Forex History!If it wasn’t for the Bretton Woods System (and the great Al Gore), there would be no retail forex trading! Time to brush up on your history!
When Can You Trade Forex? Now that you know who participates in the forex market, it’s time to learn when you can trade!
Forex Trading SessionsJust because the forex market is open 24 hours a day doesn’t mean it’s always active! See how the forex market is broken up into four major trading sessions and which ones provides the most opportunities.
When Can You Trade Forex: Tokyo SessionGodzilla, Nintendo, and sushi! What’s not to like about Tokyo?!? The Tokyo session is sometimes referred to as the Asian session, which is also the session where we start fresh every day!
When Can You Trade Forex: London SessionNot only is London the home of Big Ben, David Beckham, and the Queen, but it’s also considered the forex capital of the world–raking in about 30% of all forex transactions every day!
When Can You Trade Forex: New York SessionNew York baby! The concrete jungle where forex dreams are made of! Just like Asia and Europe, the U.S. is considered one of the top financial centers in the world, so it definitely sees its fair share of action–and then some!
Best Times of Day to Trade ForexTrading is all about volatility and liquidity. Which times of day provide the most dynamic market action and volumes?
Best Days of the Week to Trade ForexEach trader should know when to trade and when NOT to trade. Read on to find out the best and worst times to trade.
How Do You Trade Forex? Now, it’s time to learn HOW to rake in the moolah!
What is a Pip in Forex?You’ve probably heard of the terms “pips,” “pipettes,” and “lots” thrown around, and here we’re going to explain what they are and show you how their values are calculated.
What is a Lot in Forex?How many units of currency can we trade? What size positions can we trade and what are they called?
Types of Forex Orders“Would you like pips with that?” Okay, not that type of order, but buying and selling currencies can be just as simple with a little practice.
Demo Trade Your Way to SuccessCurrency market behavior is constantly evolving. Trade on demo first to get a lot of the rookie mistakes out of the way before risking live capital. There are no take-backs in the real market.
Forex Trading is NOT a Get-Rich-Quick SchemeWhile possible if you’re a trading genius with ice in your veins and you’re luckier than a lottery winner, building wealth through trading takes time and practice to build the skills and experience needed to be successful.
Hi, i am relatively new to forex trading (was trading crypto only before) and i wonder what currency account i should open with my broker. I will be trading USD pairs like USDCAD, USDJPY, but i live in a EUR country... So what should i go for, a USD or EUR account? P.S.: I will be mainly algo trading and i heard some EA's (MT5) have troubles with EUR accounts trading USD pairs, the money management would have problems... Is that true? Any ideas highly appreciated! BR Dan
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