What forex website should I learn on with a demo account?
I'm new to forex and trading in general, and I want to try a demo account out on a website that supports USA. Which one would be best for this? I was looking at a website called libertex888, but they don't support USA, and I'm not even sure if they are trustworthy. I like libertex because it allows you to trade in other stuff like precious metals, crypto, too, so if there's another website like that I would be interested. Unless those websites charge too much commission, etc. Hoping for some good advice, thanks. I want to learn and demo a website that I can use when I start using actual money.
Hey Guys, New to Forex. I've been reading up for about a year, watching seminars, but I'm still having some trouble understanding the full basics. For example, if I think the USD is going to appreciate against the EUR am I buying USA/EUR or EUUSD? Also, where is the best way to find how information is impacting the market. For example, if I wanted to make a play in AUS/JPY where would I find the best reports on them and what they mean? Any other tips would help. I'm about to open a demo account to start practicing, I hope to start real money in about a year.
Hello, I am located in the US and have opened a demo account on both Oanda and TD for the past 2 years. I have found both platforms suitable to my needs (fxTrade and ToS), but am confused by all the fine print and am looking for pros and cons of each brokerage? I use TD for my IRA and at one point another investment account, I like the fact they have physical locations in my area, customer service reps, established company, etc. On the other hand I know Forex trading is just one service they offer (not a primary focus I am sure) and dislike the $2,000 minimum requirement. I understand Oanda to be a reputable broker with great service, but my primary concern is getting my money out, associated fees, finance charges, etc. I would ideally like to keep withdraw money as I make it (i.e. I make $100, I would like to be able to easily transfer that $100 to my bank account with NO FEEs at anytime). My plan is to fund an account with $2,000, but I do not want to re-buy in if I lose it all, and in the case with TD if I lose $500, I can no longer trade on margin (I believe). I also do not want to be on the hook for additional money if I lose it all as well. I plan to scalp/swing/day trade (in my demo accounts I think the longest I have held an open position is like 3 hours), and when I trade I do not plan on leaving my computer screen and monitoring my trade in addition to setting limits, so I will hopefully catch myself before I fall too far. I guess I am looking for anyone's experience (located in the USA), positive and negative, with either or both brokerages. Thank you.
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Once you have studied the Forex market, have opened up a demo Forex Millennium Review account to practice with, and feel ready to do so, you are ready to start trading on your own. Automated Forex trading puts you right in the flow of things, so that you can trade in an instant, based on trends you see and, therefore, work with the Forex market instead of against it; this is what is going to help you see greatest profits. And because you do not have to be right there all the time to make trades instantaneously but instead can schedule your trades based on trends you want to work with, automated Forex trading is a great way to participate in the market. Check automated Forex trading out for yourself and decide if it is right for you. To trade forex you need to open an account with a forex broker. The global nature of forex markets means that you have a wide choice of forex brokers to choose from, right across the world.The forex trading business runs differently to equity broking, where trades are made through a clearing house and stock exchange and where money is made from fees for every trade, often referred to as the "brokerage".Forex brokers make their money from the difference between their quotes of the ask price, the price their customer buys at, and the bid price, the price their customer sell at. This is called the spread and is measured in "points" or "PIPs", the smallest measurement for a change in the price of a forex. For example, a one "point" or "PIP" change in the USD is 0.0001X the USD amount. Naturally, a wider spread results in more revenue for the broking firm. To choose the right forex broker, you should start with considering its reputation and what trading services it offers. Doing your research thoroughly will take time, but as with trading itself, will save and make you money in the future. There is a wealth of information on-line and in magazines. It is important to be sure of the credibility of your information sources. Internet forums used by other forex traders can be very helpful in cutting through the claims of each company. By listening to people, forums and magazines that you trust, you can build a list of quality firms to choose form. It is important to be aware of unscrupulous firms as well as those operating in countries where regulations are weak. The USA, UK, Hong Kong & Australia are example of countries with very strong regulatory great it would be to generate a 5 figure income just by trading in the Forex market. As a matter of fact, that would be a dream come true, wouldn't it Well, at forex trading machine, there is a revolutionary system that is helping a lot of people find the financial independence they need through Forex trading. They use a unique strategy called PDFT. This stands for Price Driven Forex Trading. https://jrhonest.org/forex-millennium-review/
First, I want to thank all the individuals that help me on this sub-reddit. I've come across many other trading groups but this has been the most memorable. I've been trading for about 2-3 months now but, it was strictly penny-stocks the USA Market. I learned a lot there but I seemed to fail every time. I didn't know anything about Forex until a mechanic introduced me to babypips. From there I began to learn the trade. For about 2-3 weeks straight I studied what the website could give me. But, I knew i couldn't learn everything from there. My father still tells me "Birds of common feather, flock together." so i went out to find a group of forex traders. About half way in I thought to myself, all the forex traders probably live in super foreign countries on high level platforms that i would never gain access to unless I was born in the "Circle". But then one day while i was looking at $SNAP memes and /wallstreetbets I thought to myself, "Why not look in Reddit?". And sure enough I found this group. I read though a bunch of the hot post and knew that this was the place. So I asked questions, learned things and tried to fit in. So in comes the trading. I've been using TD Ameritrade since I started so that's the platform I've been using. Since I graduated high-school last year and only had one job, I knew that I would have to start with the minimum amount. So I opened up a Demo account and put $2,000 in. I have to say the first few days were more of luck than skill. I went in with a penny-stock mind set. My first few trades were max 1,000 units. So when I did good I got pennies but when I did bad vice-versa(Not Vice-Versa but you know what I mean). Then I learned about margins and, ooh boy let me tell you. All my trades increased to standard lots(100,000u). And i was losing left and right. And then one would be super good. The good one was, a little bit of my knowledge and lot of a fundamental event happening and me not knowing about it. So I road it and got to about $200 Dollars of it. I forgot how much I put into it but, I was hooked. I was running around my room wondering why didn't i try this before! Then the next day came and I lost $500 dollars. I was about to call it quits when, I went thought the subreddit again and saw that the real thing that makes a trader the will power and stubbornness not to give up and to recover from failures. So I buckled up and said lets do this. Everyday I drove to work I'd listen to a Forex podcast. When I got home instead of playing World of Warcraft or spending money on steam for games, I'd sit and look at the charts and learn how to use indicators and how they work. Then I jumped back into the market and began trading. I was still using crazy units but every now and then I'd make a breakthrough. One day I'd make $200-$300 dollars and in the same day lose 90-100% of it. It wasn't until SanDiegoMAGApede (Prob tired of me linking them) commented on one of my post that I began to learn risk management. Then the game was on. My trades were becoming more efficient and my days became more green. I was scalping for the majority of it until I started to see trends in the market. It was about two days ago, I was trading for ten hours straight 7-4pm(Currently getting ready for college so the weekdays are all free to me for a little bit) that i made my first real break though. I saw a trend coming and acted on it. And to my surprise it worked! I got a nice 30-40 pips. Then I longed and got a 10-20 pip gain. Then shorted for a another 30-40 pip gain. (USD/CAD). I was shocked! The next day I tried to do it again and... well lets say I wasn't a happy trader.. Then today came. I've asked questions about Fundamentals here because, one time an event caught me off guard and I lost a lot. So today came and I said to myself "lets trade on this news." I jumped on Forex Factory, set about a dollars worth of Yen on notifications to my phone and waited. It was the longest 5 minutes in my life my heart was racing super fast and then it came.. and I was right!. I road the EUUSD train all the way to the top and sold. Then I shorted and rode about half way before I went to work and closed. I was almost at $2,900 in my account I was trading on my phone on the way to work (as a passenger) which wasn't a good idea because I lost about $100+. I'm a server in a sports bar so work looked like a weekend in the markets. I then decided to go into a party room and start to trade again. I was so close to reaching my goal ($3,000 BP). So for a few hours I traded EUUSD and I then a table came and I left for about 4-5 hours. Got my $17 from work bought a salad and jumped on EUUSD. I was at $2,958 I was eyes on the market. I saw a fighting box(IDK what to call it) and started scalping the living hell out of it. Eventually I made it to $3,001.15. I started to run around the restaurant and jump around. My manger was worried and told me I was scaring him so I calmed down, jump on the phone with my father and was we were both stoked. Here's the link to day one to today: http://imgur.com/j06ycgB . But that's all I want to say. Thanks again guys and thanks for reading! Edit: Added some much needed commas and fixed a few words. I'm still at work.
Benefits for Global Trading and Amazon Seller Sourcing Service
Benefits for Global Trading and Amazon Seller Sourcing Service On the initial level of trading, currency should be the focus on preserving the capital instead of not to trying to enhance it is simultaneously reducing the risk which is also a fundamental aspect. Nevertheless, the best possible way to outpace is to engage in a long-term trading seal, also you must not forget that long-term trading demands endurance and modesty with trading volume. This is a great option if you aren’t able to make a product service yourself, or when you’re ready to scale your Amazon product by hiring someone else to make it for you, or to supplement for higher than planned sales. Amazon product service. Agent China is an based in United States (USA) , Europe, United Kingdom(UK) Shanghai China, where he teaches Amazon sellers how to save time and money when sourcing from suppliers agent in China. Agent China managed multi-million dollar sourcing andreliable campaigns and worked with hundreds of Chinese suppliers, and his expertise shines through in his webinar. He is giving away a sourcing bonus pack for readers who are interested. To make huge money as a seller, the one thing expert’s stress most about before starting to sell is evaluating the market. Now, talking about the big e-commerce giant, there are key reasons to do a proper Amazon Product Research before diving into the marketplace. Individuals who are there in the e-commerce business for a while now will understand that the importance of doing an astounding job with product research – even before imagining to make serious cash.
Here are a few points that you should never skip as a beginner trader
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[REQ] ($1000 ) - (#Chicago, IL, USA), (9/20), (PayPal/BTC)
I've been a Redditor for a long time, and have posted about a wide variety of topics over the years. This is the first time I'm bringing up a side job of mine - trading the markets. I'm calling it a side job now because I'm planning on making it a full time career. At the same time, it's more than a hobby. I trade the Euro, mainly, on the Forex market. The other currencies I watch are the Australian and Canadian dollars, and the British Pound. All against the US dollar. My system can be called semi-automated. It's basically a combination of a number of mathematically sound trading concepts programmed into an app that runs on the MT4 platform. I adjust the settings based on what the market is doing. By using this app, I can have it watch the market for me when I don't have a chance to. That alone made all the difference in my profits. A 47% profit was made during June and July of this year trading EURUSD. I keep losses small, and the gains larger. That was with a demo account. To start trading a live account the right way, I want to have a minimum of $1000. Starting with anything less is doable, but not optimal. It's probable that I'll be dealing with a number of you, each one lending less than$1000. It doesn't matter, the expected % for returns will be the same. I'll make a deal with those who want to lend at least $100. I'll pay the amount loaned plus 20% to each lender 30 days from the time I receive the money. Or sooner. As far as my information goes, I'll provide: name, email, phone number if you want it, and trade records. That's about it. There's also a good chance, with the markets moving the way they are now, that you'll get the principle and the additional 20% earlier than 30 days. I'm also open to other deals. PM if you want to discuss.
[REQ] ($100 ) - (#Chicago, IL, USA), (9/20), (PayPal/BTC amount + 20% in 30 days)
I trade the Euro, mainly, on the Forex market. The other currencies I watch are the Australian and Canadian dollars, and the British Pound. All against the US dollar. My system can be called semi-automated. It's basically a combination of a number of mathematically sound trading concepts programmed into an app that runs on the MT4 platform. I adjust the settings based on what the market is doing. By using this app, I can have it watch the market for me when I don't have a chance to. That alone made all the difference in my profits. A 47% profit was made during June and July of this year trading EURUSD. I keep losses small, and the gains larger. That was with a demo account. I want to trade with at least $100. I'll pay the amount loaned plus 20% to each lender 30 days from the time I receive the money. Or sooner. There's also a good chance, with the markets moving the way they are now, that you'll get the amount loaned and the additional 20% earlier than 30 days. I'm also open to other deals. PM if you want to discuss.
One Touch Trader Scam? - NO. This is not a scam...
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Occupy Wall St Review 2015 - Is Occupy Wall Street SCAM Or LEGIT? Occupy Wall St Social Trading Method. The Truth About The Occupy Wall St Software
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