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Monday, 21 August 11:51 (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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Dukascopy Bank on Bitcoin Future after Bitcoin Split

On August 1st, 2017, the entire world of cryptocurrencies changed. The thing is that from now on, there are 2 forks of the world’s first and most popular cryptocurrency, which also enjoys the biggest market capitalization among its peers. We are talking about Bitcoin (BTC) and Bitcoin Cash (BCC). The split was followed by increased market volatility for both currencies, which was mostly of technical nature caused by the circulation of Bitcoin Cash rather than the classic supply and demand, experts say.

Publication date: 15 August 09:11 AM

Masterforex-V VIP Traders’ Performance. July 2017

The unbeatable FX strategies mentioned in a brand new book on the secrets of Forex investing by Masterforex-V keep on making both traders and investors richer. By the way, the yield in this case is way bigger than the one you can get by investing in bank deposits or any related low-income investments. The very essence of this kind of investing makes it possible to avoid poor and hasty decisions, thereby leveraging the entire process. By the way, VIP accounts have been among the top 10 accounts available for auto-copying at pro-rebate.com.

Publication date: 09 August 05:33 AM

UK Ready to Pay 40 Billion Euro for Brexit

The international expert community along with mass media keep on trying to evaluate the cost of the Brexit for the United Kingdom. The most popular version is that quitting the European Union will cost Great Britain around 40 billion euros. In particular, this idea is advocated by Deutsche Welle.

 

 
At the same time, The Sunday Telegraph claims that the specifics of the financial compensation to Brussels will become the catalyst for the Brexit talks. While referring to the high-ranking sources in the British government, The Sunday Telegraph reports that the government is ready to pay the EU up to 36 billion pounds, which is around 40 billion euros. This is the sum is intended to cover the UK’s financial liabilities to Brussels.
Publication date: 08 August 09:29 AM

Masterforex-V Expo Names World’s Best Brokers for Beginners in July 2017

Along with required knowledge and skills, the broker makes up the lion’s share of the trader’s success in the Forex market. That’s why choosing the right broker right off the bat is so important.

 

At the same time, most of the traders joining Forex to start making money often lack the required experience to make the right choice. On top of that, most of them are convinced that all the brokers are the same, which is why they ignore the significance of making the right choice and make this choice randomly.
Publication date: 08 August 03:54 AM

Bitcoin Exceeds $3300 Threshold

Bitcoin, which is the world’s first and most popular crypto-currency, started another strong rally a few days after it was split into 2 versions. According to Coindesk, the classic version of Bitcoin exceeded the $3300 threshold and set another all-time high at $3319. The thing is that the market capitalization of Bitcoin has been growing continuously ever since the mentioned split.

 

 
Publication date: 06 August 11:48 AM

Continuous Rally Shown By Crypto Currencies As Investment Opportunities

The phenomenal growth seen in crypto currency markets has become one of the leading tendencies of the year. Some of the crypto currencies have seen their value grow by 100%, 200% and even more. As for Bitcoin, which is the world’s first and most popular crypto currency, back in January 2017, it cost $1000 while in early July it cost over $2600.

Publication date: 29 July 01:00 AM

Alpari Increases Trading Turnover Up To $600,9 Billion In 6 Months

The international FX industry has recently been involved in a number of scandals. Against this background, we can only name a few companies with positive dynamics, efficient market products, and major license.

Publication date: 27 July 01:18 AM

Another Bitcoin Fraud Is Caught

Crypto currencies are controversial. On the on hand they give investors a decent investment opportunity. On the other hand, the may be way too risky. Often times, those are both market and even non-market risks, including fraud.

 

 
In some of the previous articles, we recommended you to start with a sound financial strategy and risk management before you invest even a penny in crypto currencies. We are not trying to say that those are bad investments. They can make you money if you really know what you are doing. However, you should be really careful about it since the advantages of decentralized and anonymous currencies may turn into disadvantages and loses for your wallet.
Publication date: 23 July 12:25 PM

Will European Parliament Help IronFX Victims?

Europe’s leading financial regulators have recently been founding them involved in various scandals. TheFinancial Conduct Authority (FCA) from the UK and the CySEC from Cyprus are some of them. The truth is, while those companies claim that they defend the customer’ rights, in reality they often take the broker’s side even though the broker may be playing dirty tricks on the customer.
Publication date: 20 July 03:19 AM

In June 2017, Masterforex-V Investors Made Money Again

The unbeatable FX strategies mentioned in a brand new book on the secrets of Forex investing by Masterforex-V keep on making both traders and investors richer. By the way, the yield in this case is way bigger than the one you can get by investing in bank deposits or any related low-income investments. The very essence of this kind of investing makes it possible to avoid poor and hasty decisions, thereby leveraging the entire process. By the way, VIP accounts have been among the top 10 accounts available for auto-copying at pro-rebate.com.

Publication date: 13 July 09:38 AM