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Foreign exchange market

Masterforex-V Academy: Open Day For Potential Students


To become a professional in any field, whether it is trading or any other activity, knowledge and skills are almost everything. These days education is not reduced to conventional  schools, universities and academies. The Internet opens vast opportunities for those who want to study. Masterforex-V Academy, Europe’s best online Forex training project, is glad to announce that October 6th 2012 will be an open day. The academy’s instructors will conduct multiple master classes for potential students in order to show them the real potential of capital markets, including Forex.

 
What is trading? Why do some traders win while others lose? What is needed to become a successful trader? These and many other questions will serve as the basis of those master classes and seminars.

 

 

 

 
Knowledge is power and a key to success!
 
We can definitely say that 1/3rd  of the success in trading depends on the trader’s ability to choose the right trading instruments, tools and techniques (trading skills), another 1/3rd depends on his/her ability to stick to the trading system and the remaining 1/3rd is determined by money management skills. Even  brief analysis  shows that the lack of any of the 3 components leads to inevitable losses, Masterforex-V Academy experts say.
 
Most beginning traders are mostly focused on studying technical and fundamental analysis, simultaneously ignoring other aspects of trading, which are no less important.  They are constantly looking for the “Holy Grail” of trading, some magic indicators or trading robots that will make a fortune for them.  But in reality, they only keep losing money.  Most importantly, beginners forget about such key aspects of successful trading as discipline and money management. Alas, there is no perfect indicator. So, losing is a part of the game. Another thing is whether winning trades dominate over losers. Following fundamental rules may increase the efficiency of your trading.  Moreover, there are many money management techniques, from the simplest to the most complicated ones. 
 
And one more thing: Masterforex-V Academy experts always recommend starting from a demo account.  Never trade for real money until you have a solid base and decent trading skills.
 
Training Approaches
 
Forex trading is for mentally tough guys!  The job is risky and needs mastering.
These days there are many training options. You can study Forex trading on your own or you can visit courses and seminars. Unfortunately, most training courses on Forex (both paid and free) are not enough to become a professional trader. These courses are the ABC of trading.
 
Studying on one’s own is time-consuming and requires effort and diligence. This is a hard way to the top. Obviously, it is much easier to become a student of a skilled instructor, who is a successful Forex trader at the same time. He/ she can teach you the craft of trading much faster and more efficiently.  
 
Masterforex-V Academy is just the right place to study and master Forex trading. The school for beginners under Masterforex-V Academy is FREE!!! Yet it will teach you the same stuff (the ABC of trading) for free (unlike multiple courses that are rather costly (hundreds or even thousands of dollars).  Then you can go on with the training process in the academy itself.
 
Moreover, the open day will give everyone an opportunity to have a closer look at Forex and other markets and to decide whether they want to become traders.
 
Obviously, you cannot become a successful trader in a week or month.  It requires time, effort, money, diligence, enthusiasm… and a good teacher. You cannot teach anyone how to do something if you cannot do it yourself. Therefore, only traders should teach how to trade. Luckily, Masterforex-V Academy was created by real traders. They know how to trade Forex successfully and they can teach you to do the same!

 

You are free to discuss this article here:   forum for traders and investors

 

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EURUSD: Intraday Outlook

 

 

Today, on May 20th, Forex started a new trading week. There have been no radical changes in the market of EURUSD so far. The previous bearish move was elongated by some 200 points. The price keeps developing the ABC pattern of wave level Daily. The move hasn’t reached any of the given targets so far.
Publication date: 20 May 06:15 AM

Experts: EURUSD Will Drop Down To 1,15

 

 

It seems like more and more experts feel bearish on the near-term prospects of the common European currency. Some of them say that EURUSD may even drop down to 1,15 in late 2013. If this is the case, this will be the lowest level in 10 years.
 
Publication date: 17 May 10:35 AM

Japanese Yen: Market Outlook

 

 

The current weakening of the Japanese Yen was fairly predictable for investors. However, after USDJPY exceeded the 100 limit, experts got divided over the prospects of the currency pair.
 
Publication date: 17 May 06:27 AM

Trichet: Situation In Eurozone Gets Worse

 

 

Yesterday, on May 15th 2013, Eurostat published a eurozone GDP report, which reflects the economic dynamics in al the 17 countries. The figures turned out to be much worse than expected. In Q1 2013, the aggregate GDP dropped by 0,2% as compared to the previous quarter. At the same time, tere was a 1% decline year-over-year.
Publication date: 16 May 05:06 AM

Larson and Holtz: How to Trade with Zero Spreads?

 

Stability is a cornerstone of success. While standards can change, such things as quality, reliability and safety will always be of great value.  
 
There are hundreds of broking companies. However, few of them can actually boast premium-quality services and competitive trading conditions. Larson&Holz is one of such broking companies.
 
The company keeps evolving and improving the existing products and services while staying client-oriented and focused on innovation.
 
Not so long, the broking company offered even better trading conditions on NDD-based trading accounts. Let’s have closer look at the offer.
 
Publication date: 15 May 08:51 AM

Masterforex-V: Documentary on Forex – What Don’t We Know?

 

These days, few people do not know about Forex. Most people know that this is a currency market that gives everyone an opportunity to make money by trading currency pairs. Unfortunately, there are many people that treat Forex as some kind of a scam or bingo play… or they are sure that it is impossible to trade Forex profitably. Indeed, most traders do lose in the long run, but this is how it works. This holds true for any market.
 
This is a rather controversial issue that needs comprehensive analysis.
 
Publication date: 14 May 12:08 PM

FIBO Group: High Leverage – Good or Evil?



What is the key factor of successful trading? There is no universal answer to this question. Everyone can give his own reasoning. However, the most typical answers include:

Publication date: 14 May 09:49 AM

British Pound Keeps Weakening Without New Easing Steps

 

 

The Bank of England has left its policies unchanged. The MPC is probably not going to make any major changes until the new BOE Governor takes office.
 
Publication date: 13 May 07:11 PM

External Account Surplus Reverses USDJPY

 

 

Japan’s external account showed bigger surplus in March. The actual figures reached ¥1251bn. This was a major increase against ¥637bn in February.
Publication date: 13 May 06:57 PM

Aussie Declines On Unemployment Stats

 

 

As the Australian rate of unemployment kept growing steadily in April, this may indicate an investment decline in the mining sector. Multiple mining companies curtailed some projects and got focused on exports to Asian countries. This might well result in further interest rate cuts.
 
Publication date: 13 May 06:45 PM