Most people lose all their money in forex, at least the first few times they load up their live account and try to profit from platforms trading. They start out with demo accounts with the platform, most probably with Meta-Trader 4 as it is the most widely used and they practice varying strategies and at least master the basics of platforms trading like opening and closing trades.
The first thing that strikes people when they go live is that all their cool handed emotions that were under control with their demo account has flown straight out the window and change into ...
Foreign exchange rate is defined as “the rate at which one country’s currency may be converted into another”. Money exchange rates are determined by several factors including, interest rates, current account on balance of payments, economic growth and inflation.
If you are an expat sending money home; an aspiring Forex trader; a finance enthusiast who is enamoured by world economics, then you must know the reason(s) why foreign exchange rates fluctuate.
In this context, the rate that is charged for using or saving money of a particular country is called an interest rate. Charged when money is borrowed, paid when money ...
As a professional currency trader I know how difficult it can be to make money on the forex market. It is a well known fact that most people who indulge in forex trading online lose – just ask any forex broker how many depleted, dormant, trading accounts they have on their books.
The internet is awash with advertised failure rates of between 80% – 95% concerning those who have tried and subsequently failed at the trading game. Although there is no official figure, one can nevertheless conclude that it is a very high percentage.
So why is this so? I believe it ...
It is reported that the Bitcoin is rolling into forbidden grounds as it creates a spate of controversy among the “high” society and savvy digital investors. These digital marketers try to gain their share of the billion-dollar-a-day digital pie while corporate society seeks to curtail the spiral hike in the value of what seems to be a “monetary menace”. Some who strive on exploiting the poor and vulnerable are not having this as they try to inoculate the masses in an attempt to put down this growing “digital monster.”
These seemingly corporate crooks continue to put a choke-hold on how the ...
A very pleasant surprise; the Forex MegaDroid is an outstanding performer with 97.3% profitable trades (proven below on this page). Much better than the vendor’s claim of 95.8% success. Fully automated. With live testing of 101 profitable trades out of 103 made since January 1. You must forgive its sleazy looking sales page; this product is much loved by its 18,000 users.
This expert advisor robot is a must have. I am very impressed.
The Forex MegaDroid has been developed by John Grace and Albert Perrie. Both are forex traders with 38 years forex trading experience between them. As close friends, over ...
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