http://twitter.com/forex_in_world/status/1273803510774194176AUD/USD: Upbeat Aussie data accelerates recovery from session lows https://t.co/QwmyV3cSZL— FOREX IN WORLD (@forex_in_world) June 19, 2020
I recently started forex trading i grew my account from £500 to £10,000 in just less than a month i was so happy and i got carried away then i put too high lot size on gold and lost my full balance :( Has this happened to anyone else ?
People with +5 years in the forex industry, what did you learned in that time?
I will start first:
Indicators works
Price action works
Dont trust the social media
You will need more time than you think to master this bussiness
Those who started with you are not trading now
No, sorry for telling you this but Smart Money Concepts are not the holly grail (but if it works with you, congratulations)
The majority of real traders dont post, but they usually reply to your messages if you ask for help
There are things that works better than only price action things like VSA, OrderFlow, Sentiment, Microstructure, Deltas, level II orderbooks, etc... but to find good information about that its harder because all the noise in this industry.
I know that many things remained unspoken and I want to read you guys!
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?
Let me start by saying I’m not asking for your strategies and I understand this takes time. My goal though is to eventually leave my full time job and trade professionally while I travel between countries. I’m armed with a MacBook Pro, Naked Forex, Trading In The Zone and various other trading books. What advice would you give to someone who wants to seriously trade and what is the time frame I should expect? Thank you.
In a strange helicopter crash in France, Russian billionaire crypto businessman died. Russian-born entrepreneur Vyacheslav Taran (Libertex Group, Forex Club) was heading home to Monaco. He allegedly had links to the FSB.
been trading for 3 years, profitable trader. i somehow close my trades early, rob myself of profit that has been worked out in advance. sometimes i get pinned out of trades before it goes my way ( it happens, risk is correct so doesn't bother me too much.) i can flip accounts, but doing that many times i know its not sustainable. i don't understand why i cant just stick to my trading plan i would be much more profitable then i am now. the trades i force myself to leave open or go breakeven come back at me, the ones i close go to target why the F am i failing at the last hurdle and have been for the last 6 months. Forex has been a slow process, learning and making money and now i feel like im getting really good and genuinely getting to the stage i can transition to a full time trader, but i cant justify doing that if i cant stick to my plan. even when you do get really good at price action and intraday trading TA, almost everything still depends on your ability to hold the trades. have no emotion when trading and stick to your plan. maybe im just an emotional person which is making this whole thing alot harder for me to overcome.
Hello, I have been trading since the start of the pandemic, and I'm now at the point where I get payouts ranging from 400k - 950k php. I've always been told that forex trading is not yet taxable here; but now that I'm earning a hefty sum every month, I wanted to be sure. Do note, these profits are not gains from my own money, but rather a prop firm's. Prop firms are trading companies offering equity to traders who have passed their challenges/tests. Once passed they are given an account (usually demo accounts) and whatever profit the trader makes on that account, they are given a percentage. In my case, I have a 100k usd funded account with a prop firm in which I get paid out biweekly. Should I be doing something about taxes, may kailangan ba gawin para maiwasan ang kung ano mang complications in the future? I have no knowledge whatsoever about taxes and whatnot, all I know is how to trade. Thank you. edit: Took out the prop firm’s name as someone got triggered and called this post a scam advert. It’s not, I really am just looking for tax advice.
CeBioLabs ($CBSL) | German LowCap Gem | Long-term Tokenomics with 75% Locked | KYC'ed & Audited Startup | Buybacks & Burns | Backed by 3 German Companies | Blockchain-based Enterprise Solutions for the Cannabis & CBD Industry | Listed on BitForex, P2PB2B, Pancakeswap, Coinmarketcap!
🟩 Audited German Company
🟩 Only 2M+ Marketcap
🟩 75% of all Tokens Locked
🟩 Buybacks & Partnerships
Verified Contract:
0xbfb8f92e8f3a9034019ac97fd9f85c6dfb513834
BscSCan: https://bscscan.com/token/0xbfb8f92e8f3a9034019ac97fd9f85c6dfb513834 CBSL briefly explained: CeBioLabs will develop enterprise solutions for the CBD and cannabis industry. The user fees for these systems and solutions can only be paid with CBSL! Our project is supported by 3 German companies that have a lot of experience in the field. We have a global expansion strategy and will serve the needs of this emerging market worldwide. We achieved this in a very short time:
Should i learn the whole babypips school of Forex?
I am an absolute noob and have completed some of the classes already but rest of it like brokers info and margins and etc. Is so boring! Did you complete the whole school at once and do you think it's worth to learn EVERYTHING from it? How did you focus for so long time? I am so lost in all this info.. Which classes is it OK to skip for now ?Any advice will be appreciated
So I mostly trade Forex rather than crypto but i do like crypto a lot, but the disadvantages for small traders in Forex like me are hilarious in comparison to almost any other market on earth. The banks are basically playing a different game - the brokers get screwed. (https://financetrain.com/how-is-blockchain-disrupting-the-forex-trading-market). There seems to be some adoption, but it’s all very nebulous (https://fixedincomeapac.wbresearch.com/blog/block-chain-basics - total beginner article for most people here but all i could find) I’m wondering if using stablecoins for Forex would actually be a great way to get an edge and start to break up the shadow FX market? Crypto already is talked about for international remittance (i use it for that all the time), but why not for more efficient, fair currency exchange? I think adoption maybe just isn’t wide enough yet for something like that to be worth it. I found one protocol that talks about Forex a lot in its marketing (https://coinmarketcap.com/alexandria/article/what-is-onomy-protocol) but that’s about it. Any others trying to do the same thing?
CeBioLabs ($CBSL) | 2M LowCap Gem + 75% Locked | KYC'ed & Audited | Real Revenues, Buybacks & Burns | Backed by 3 German Companies | Blockchain-based Enterprise Solutions for the Cannabis & CBD Industry | Listed on BitForex, P2PB2B, Pancakeswap, Coinmarketcap!
🟩 Audited German Company
🟩 Only 2M+ Marketcap
🟩 75% of all Tokens Locked
🟩 Listings & Partnerships
Verified Contract:
0xbfb8f92e8f3a9034019ac97fd9f85c6dfb513834
BscSCan: https://bscscan.com/token/0xbfb8f92e8f3a9034019ac97fd9f85c6dfb513834 CBSL briefly explained: CeBioLabs will develop enterprise solutions for the CBD and cannabis industry. The user fees for these systems and solutions can only be paid with CBSL! Our project is supported by 3 German companies that have a lot of experience in the field. We have a global expansion strategy and will serve the needs of this emerging market worldwide. We achieved this in a very short time:
CeBioLabs ($CBSL) | German LowCap Gem | Long-term Tokenomics with 75% Locked | KYC'ed & Audited Startup | Buybacks & Burns | Backed by 3 German Companies | Blockchain-based Enterprise Solutions for the Cannabis & CBD Industry | Listed on BitForex, P2PB2B, Pancakeswap, Coinmarketcap!
🟩 Audited German Company
🟩 Only 2M+ Marketcap
🟩 75% of all Tokens Locked
🟩 Listings & Partnerships
Verified Contract:
0xbfb8f92e8f3a9034019ac97fd9f85c6dfb513834
BscSCan: https://bscscan.com/token/0xbfb8f92e8f3a9034019ac97fd9f85c6dfb513834 CBSL briefly explained: CeBioLabs will develop enterprise solutions for the CBD and cannabis industry. The user fees for these systems and solutions can only be paid with CBSL! Our project is supported by 3 German companies that have a lot of experience in the field. We have a global expansion strategy and will serve the needs of this emerging market worldwide. We achieved this in a very short time:
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