Forex trading in a nutshell


forex trading in a nutshell

chose a major currency pair like EUR/USD. First of all, you have to know your broker. Every trader needs a trading journal. Forex and risk: You can earn an unlimited profit, but you will never lose more than you had to begin with. Dollars to weaken them. ECN and STP executions are instant. For example, you can buy the.S. How much did you really expect to earn. How to make money on forex trading?

I beleived that showing the way I trade in a video was way better than in screenshots.
On a video it's more difficult to misundertand concepts, price action.
With forex trading you trade in currency pairs.
If you look at the currency pair EUR / USD, this currency pair is about the value of the euro against the.
Currency trading sounds easy, but the forex market is very erratic and can easily change a lot.

That's why you want to scalp pairs where the spread is small. A stop-loss: sets a specific level for your position; and automatically closes it when the exchange rate reaches that level. It is possible to get rich quick. Use this link to get the discount. In fact, the first mistake many beginners make is to consider their demo trading losses as unimportant. This veksles in any currency, such as the euro. To illustrate, let's use the example of going on holiday.

Forex trading in a nutshell
forex trading in a nutshell

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