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Monday, 24 October 14:14 (GMT -05:00)

Foreign exchange market

Tips for Forex Rookies: Trading Forex Profitably


They say only professionals can make money in financial markets. It is true to some extent. The thing is that only 3-5%.  Still, there are shortcuts to becoming a professional FX trader.  In this article we are going to share with you some success stories of plain guys who managed to get from rookies to pros over a relatively short period of time.




Profitable FX trading is an art. Few people actually make money in the long run. However, they weren’t born professionals, which means you can also become an FX pro if you are ready to study and overcome challenges.
According to Eugene Olkhovsky, who is the leading expert in financial markets for Masterforex-V Academy, says that most traders habitually repeat the same mistakes.  One of the biggest mistakes a trader can make is the lack of a solid foundation – knowledge and skills – which is the result of decent education.
Most traders spend years to learn how to at least avoid major losses, not to mention profitable trading. However, provided that you have found a good mentor to teach you how to become a winning FX trader, you can truly become one within a relatively short period of time.
Multiple success stories confirm this fact. At first sight, the stories look unreal but the truth is that they are true and numerous among Masterforex-V Academy students. They prove that FX trading is not some kind of gambling. It may well be a major source of income from anyone who wants to succeed and is ready to act no matter what.

Forex Success Stories

A student named Alex was interviewed by Market Leader and shared his success story. When asked about how he came to Forex, he answered that it was accidental. He clicked a Forex banner on a website to find out more about Forex. There was a period of bad luck, which is typical of most rookie traders out there. Then he discovered Masterforex-V Academy and started his journey from rookies to FX pros. At this point, Alex is working on his own trading strategy based on what he learned from his mentors.
As for his trading day, Alex starts it from analyzing the market and making a strategic trading plan. Then he analyzes the tactic plans shared by senior Masterforex-V Academy members.
Another student of Masterforex-V Academy named Dmitry shocked the trading community with his amazing results in 2014. Over the period of September 24th through November 8th, he conducted 178 trades with only 12 losers!  This is amazing!

The initial equity was $7772+$5764. The trader managed to expand it all the way up to $57 541 and withdraw $36 749. There will always be losing trades. You need to focus on the ration between losers and winners and do your best to shift the balance towards the winners to succeed in FX trading. Even though the risk was pretty high, the trader still succeeded since it was confident. Now, he is planning to go deeper into learning study another trading strategy by Masterforex-V Academy with low risk and decent profitability 10%-30% per month.






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Masterforex-V Club’s «PrivateFX №1» Portfolio Overcomes Challenges Again

History repeats. Alas, some of the events are not that pleasant at times. After a prolonged period of steady growth, the investment portfolio saw another challenge in the form of a drawdown even though the overall profitability stays in the green zone. For those of you who don’t know, it’s been 15 weeks since Masterforex-V Club investors started the «PrivateFX №1» investment portfolio. All in all, the investors have already withdrawn $1500 of profit to date.
Publication date: 19 October 10:10 AM

Masterforex-V Club Chooses 5 More Traders To Manage Their Money

According to the results of the recent trading contest conducted by pro-rebare.com during the period of September 1st through 30th, Masterforex-V Club investors chosen 5 new managing traders and decided trust them with newly-opened investment accounts in order to manage those funds. Let’s take a closer look at those guys.

Publication date: 16 October 02:12 PM

Active Investor by PrivateFX – Still Best Investment Solution in October 2016

Today's mature and savvy investors say that they used to be rookies once. Back then, they also had a hard time choosing a decent investment product or strategy. Indeed, everyone who is just getting their feet wet in trading or investing should be aware of the fact that they are multiple challenges awaiting them down the road to success. It is important to learn not to repeat the same mistakes over and over again, experts say. How to do that? How to find those decent strategies and investment solutions and simultaneously save some time and money?


Publication date: 12 October 05:11 AM

Masterforex-V Club Sees «PrivateFX №1» Portfolio Increase Profit by 50%

It’s been 14 weeks since Masterforex-V Club investors started the «PrivateFX №1» investment portfolio. All in all, the investors have already withdrawn $1500 of profit to date. Yet, the managing traders keep on generating new profits for the mutual benefits of themselves and their investors.


Publication date: 11 October 11:36 AM

NordFX Names TOP 10 FX Signal Providers in September 2016

These days, FX trading has become more affordable and intuitive. Even beginning traders who are getting their feet wet can actually kickstart their careers thanks to the continuous introduction of innovative products and services leading to stunning and consistent profits at reduced risk.
Publication date: 10 October 12:49 PM

Eurozone: Defending Metallurgists and Questioning Zero Rates

The Eurozone is reported to have imposed 6-month duties on the import of steel products from China. This way the local authorities are trying to defend the Eurozone’s steel industry, which is currently suffering from overproduction.

Publication date: 10 October 08:06 AM

British Pound Sees Biggest Drop Since Brexit

During yesterday’s morning trading session, the British Pound virtually crashed by 6,1% at a time versus the U.S. Dollar, Masterforex-V Academy experts say. On top of that, the experts say that this is the biggest daily crash shown by the British Pound ever since the U.K. decided to quit the European Union for good after the nationwide referendum conducted on June 23rd, 2016. Now, this decision is widely known as the Brexit.
Publication date: 07 October 01:16 PM

Russian Ruble May Weaken By Late 2016, Consensus Forecast Says

More and more experts expect the Russian Ruble to show more weakness by late 2016. This is what the recent consensus forecast says. Some of them expect USDRUB to go up from 64,8 to 66 RUB per 1 USD. Others are even more skeptical about the Russian currency and expect it to drop even more. In particular, the expect USDRUB to rally all the way up to 75. Only 2 of the 10 respondents are bullish on the Russian Ruble and expect it to get stronger, which means that USDRUB is expected to go down.
Publication date: 05 October 05:27 PM

Masterforex-V Club Sees «PrivateFX №1» Portfolio Make 14%

It’s been 13 weeks since Masterforex-V Club investors started the «PrivateFX №1» investment portfolio. All in all, the investors have already withdrawn $1500 of profit to date. Yet, the managing traders keep on generating new profits for the mutual benefits of themselves and their investors.
Publication date: 05 October 01:35 PM

Chinese Yuan Finally Enters IMF Currency Basket

On October 1st, the Chinese Yuan was officially added to the IMF’s currency basket. Before yesterday, there used to be 4 reserve currencies over the last 15 years. Yesterday, the basket increased up to 5 reserve currencies – the U.S. Dollar, the British Pound, the common European currency, the Japanese Yen, and the Chinese Yuan (Renminbi).


Publication date: 03 October 04:43 AM