What Is A Forex Trader? - Answered By An Expert In 2020

PaperTrading

Subreddit under new ownership. Paper Trading Bot in Development. Expect updates soon.
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Two Blokes Trading | Forex Trading Community

What is Two Blokes Trading? Two Blokes Trading is a fun and informative podcast and website for new and experienced home financial traders. It follows us, Tom and Owen, as we learn to trade profitably and consistently. We interview leading traders and trading industry insiders every week on the Podcast to give our listeners the best chance of becoming profitable traders.
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Ethereum Classic

Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.
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Does forex trade like stocks?

I’m thinking about trying out forex but does it more or so form actual trends based off technical analysis or is it just a bunch of choppy randomness?
submitted by Ineedmybag to Forex [link] [comments]

Does forex trading actually make any money or is it just a discreet pyramid scheme?

Seems like every forex trader is trying to sell their knowledge on to everyone they can. Makes me think it’s really just a scam. Any forex traders that can give an insite?
submitted by Clewked to NoStupidQuestions [link] [comments]

Does forex trading make sense for someone with a computer science background as a way to make money on the side?

I'd like to make some money on the side. I have a computer science background. I read the Wiki, but it mostly contained educational resources, whereas I'm wondering "does it make sense to trade forex in my position".
I see three possible benefits of trading forex:
  1. I trade forex and get some money on the side
  2. I trade forex, get good at it, then program a bot that trades forex (not sure how profitable this is)
  3. I trade forex and pick up some skills that are useful if I'm investing later on in my life (in tech companies etc.)
I'm trying to weigh trading forex against doing freelance programming work on the side as a way to earn extra money.
Hence I arrive at my question: Does forex trading make sense for someone with a computer science background as a way to make money on the side? Is it worth it, given that I want to invest in companies later on in my life? Or should I stick to programming freelancing?
submitted by A_Time_Space_Person to Forex [link] [comments]

ECN Brokers - How Does Forex Trading through ECN Work?

ECN Brokers - How Does Forex Trading through ECN Work?

Top ECN Brokers
ECN brokers (Electronic Communication Network brokers) are amongst the fastest emerging brokerages in the Forex world. Also, there's no question that brand-new ECN brokers are opening their doors consistently. In short, ECN Forex brokers offer a market where traders and market makers can position competing quotes versus each other. Minimum deposits for ECN accounts are commonly more excellent than they are with standard Forex accounts. Still, there are some substantial benefits offered by the ideal ECN brokers, such as the capability for scalping as well as reduced spreads.
With many eye-catching options to choose from, choosing between various ECN broker's List can be surprisingly challenging. Intensifying the decision is the truth that several typical brokers offer ECN Forex brokers and their regular trading accounts, which widens your swimming pool of alternatives.
To make your decision simpler, we have compared essential aspects of some of the top ECN brokers to offer you a beginning factor in your look for the best ECN brokers List.
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Does forex trading require skill and knowledge, or is it mainly luck?

View Poll
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ELI5: How does forex trading work, + why is it so "popular" on Instagram?

submitted by GamerGrl90 to explainlikeimfive [link] [comments]

How does forex trading work and how does someone get started?

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How Does Forex Trading Make Money – Scam Retrieval

submitted by scamretrieval to u/scamretrieval [link] [comments]

How does Forex trading work?

By this I mean how do you make money from it. In theory it seems similar to the stock market, buy low sell high. But the point with this type of trading is to do this very quickly to make money off the fluctuating market rather than stable companies?
Like, very basically, a forex trade could be buying 1 pound GDP for $1.25 in the morning, and then sell it for $1.27 at night. One might anticipate these "bigger swings" in the same way stock markets are done, watching the news, etc.
However the other, more complicated thing that I need explained are the smaller trades that seem to go on. From my understanding someone might buy 200 Pounds of GDP(to follow my last example) for 1.252224 and sell it ten minutes later for 1.271(a more realistic fluctuation in the market) giving the trader a very small profit. However, the price will fluctuate down again soon, allowing the trader to repeat this over and over again throughout the day(possibly with multiple currencies) Is this basically how day trading works? What am I missing?
I am wondering with forex, I assume there are no(or very small) transaction fees for individual trades as this would make the second strategy less viable?
I could totally see how someone could, if they understand basic charts and patterns, fairly quickly turn a relatively small amount of money into more. It seems like losing a large amount would be hard barring huge, unexpected changes in political landscape. Like you could just stare at your computer and be like "any time it goes above this number"(for the next thirty minutes) I will buy, any time it goes below another number, I will sell.
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Does Forex Trading Software Really Work?

Does Forex Trading Software Really Work? submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

Does Forex Trading Software Really Work?

Does Forex Trading Software Really Work? submitted by ososru to Bitcoin4free [link] [comments]

Does Forex Trading Software Really Work?

Does Forex Trading Software Really Work? submitted by Rufflenator to 3bitcoins [link] [comments]

How Does Forex Trading Software Work, and Which Product Is the Best?

How Does Forex Trading Software Work, and Which Product Is the Best? submitted by Rufflenator to 3bitcoins [link] [comments]

How Does Forex Trading Software Work, and Which Product Is the Best?

How Does Forex Trading Software Work, and Which Product Is the Best? submitted by ososru to Bitcoin4free [link] [comments]

Is there anyone that does Forex trading fulltime?

Im pretty new to whole forex trading and Im wondering if there is anyone that makes a living out of forex trading?
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Is this something I can learn on my own?

It seems like it’s got a learning curve to it. I have a friend that does forex trading and I told him I found baby pips. He basically told me I’m better off buying a program and have him and his group teach me. I’m just wondering what underlying intentions he may have, if he makes money or something for me signing up for the program. How many of you are self taught?
submitted by HorseDonkey17 to Forex [link] [comments]

OT - Anyone tried Fap Turbo?

Is it effective?
A friend of mine says it is a tool he uses when he does Forex trading
https://forexpops.com/fap-turbo-v5-2-expert-advisor-free-download/
I have never met anyone who made money by trading stocks in my life. Most people lost several hundreds of thousands of dollars
Even guys who proudly insist they are the best in the world, see all their money disappearing in a matter of five months
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What Is Forex Trading and How Does It Work for Making Money?

What Is Forex Trading and How Does It Work for Making Money? submitted by BullishBearsTrading to u/BullishBearsTrading [link] [comments]

I read that Forex does not make me trade with the money that I deposited there; rather that is only an insurance against loss.

Forex does not make me trade with the money that I deposited there; rather that is only an insurance against loss.
Is the above statement correct?
submitted by Belal99 to Forex [link] [comments]

Time to get out of your lean phase Get the reliable forex tool which is backtested successfully for the unique strategy with which it does accurate predictions. Try it and move ahead in your forex trading. https://traderpulse.com/most-powerful-indicator-for-metatrader-range-band/#pricing

Time to get out of your lean phase Get the reliable forex tool which is backtested successfully for the unique strategy with which it does accurate predictions. Try it and move ahead in your forex trading. https://traderpulse.com/most-powerful-indicator-for-metatrader-range-band/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

ELI5: What is Forex trading? What do you do? How does it work?

submitted by SmellsALilFishy to explainlikeimfive [link] [comments]

MR.FOREX HAS THE GOAL TO DESTROY ALL THE SCAM GROUPS THAT ARE IN CIRCULATION IN THE TRADING WORLD. IT WILL BE A GROUP WHERE MONEY IS JUST A TOOL, BECAUSE MR. FOREX'S OBJECTIVE IS LEARN.TRAIN AND CONTINUOUS GROWTH. TRADING DOES NOT MAKE YOU RICH OVERNIGHT.IG: mr.forex.official YOUTUBE: Mr Forex

MR.FOREX HAS THE GOAL TO DESTROY ALL THE SCAM GROUPS THAT ARE IN CIRCULATION IN THE TRADING WORLD. IT WILL BE A GROUP WHERE MONEY IS JUST A TOOL, BECAUSE MR. FOREX'S OBJECTIVE IS LEARN.TRAIN AND CONTINUOUS GROWTH. TRADING DOES NOT MAKE YOU RICH OVERNIGHT.IG: mr.forex.official YOUTUBE: Mr Forex submitted by Mrforexofficial to u/Mrforexofficial [link] [comments]

The ONLY Forex Trading Video You Will EVER Need - YouTube How to Trade Forex like the Banks: Secrets Revealed ... What Does What is Forex Trading? How to Trade Online ... How Long Does It Take To Master Forex Trading / ( Watch ... DOES WEED HELP YOU TRADE FOREX?  THE REAL EFFECTS OF ... CLASSIC FOREX TRADER - YouTube Lesson 1 - What is Forex and how does It work? - YouTube Lesson 6.1: What is swap in forex trading? - YouTube

The Forex market has an average daily trade volume of over 5.3 trillion USD. In less than 20 years the market has evolved to the biggest financial market in the world and the favoured option for both beginning- and experienced traders. Easy access. You can access the Forex market with a relatively low deposit, unlike other investment options where a substantial starting capital is required ... Because there is no central location, you can trade forex 24 hours a day. There are three different types of forex market: Spot forex market: the physical exchange of a currency pair, which takes place at the exact point the trade is settled – ie ‘on the spot’ – or within a short period of time ; Forward forex market: a contract is agreed to buy or sell a set amount of a currency at a ... How Does Forex Work? The MYTS Forex Trading Guide. Chapter 4. How Forex Works. WHY FOREX IS OR ISN'T FOR YOU. POPULAR CURRENCIES. Don’t have time to read the Guide now? Request a PDF version. The Forex markets are some of the most exciting to trade. They’re the largest and most liquid, open 24 hours a day from 10 p.m. GMT on Sunday until 10 p.m. GMT on Friday, and you can take advantage of ... As a Forex trader, you trade a pair on the basis of speculation to generate some profit from its movement in the market. In the next topic, we will explain more about currency pairs in details. Previous. NEXT. WHAT IS FOREX? WHAT DOES "FOREX TRADING" MEAN? HOW CURRENCY PAIRS WORK? MAJOR, MINOR, AND EXOTIC CURRENCIES . BUYING AND SELLING IN FOREX MARKET. WHAT MAKES THE FOREX MARKET MOVE? FOREX ... The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another. Because of the worldwide reach of trade, commerce, and ... Take a closer look at this trade market. In the forex market, every day, trillions of dollars are traded in the whole world. There is no specific location of the forex market as it an electronic network of brokers and bankers. What is Forex Trading? It is an electronic network of buyers and sellers that exchange currencies. Buyers and sellers exchange money at an agreed price. The banks and ... Lower barrier of entry – you can get leverage to trade forex, which allows you to control an asset for a smaller deposit. Think about putting a deposit down on a house, you get to own the house in your own right, but you borrowed from the bank to pay for the house in full. Quicker trading opportunities – forex is one of the most liquid assets a retail trader can take part in. As there is ...

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The ONLY Forex Trading Video You Will EVER Need - YouTube

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