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Tuesday, 27 June 16:13 (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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Euro: Greece is Saved Again…

 

All of those endless talks between the representatives of the Greek government and the international lenders now seem to have finally yielded fruit. To be more specific, the Eurogroup, which is the council including the Eurozone finance ministers, approved another tranche of financial aid to Greece during the recent meeting in Brussels on Thursday. This time, they decided to give Athens 8,5 billion euros.

 

Publication date: 26 June 06:50 AM

AUD/USD Swap: New Opportunities for FX Traders

AUD/USD is a highly popular currency pair among Forex traders since the currency pair presents excellent trading opportunities, especially if the trader takes advantage of the leverage offered by the Forex broker. In this case, profit may be even bigger than those stock traders and investors make.

 

 

In case you don’t know, the difference between the 10-year AUD/USD high and low is over 7000 points! This means that at some point over the mentioned period, the Aussie was both twice as cheap as the U.S. Dollar and even 12% more expensive than its American peer.
 
Publication date: 22 June 12:40 PM

World Blitz Chess Champion Becomes Alpari Forex’s First Client

For those of you who don’t know, Russia has finally started regulating financial markets, including over-the-counter markets, and Forex in particular. This means that the legislation regulating Forex brokers in Russia has now taken effect. The Russian central bank acts as the watchdog regulating those companies that offer FX trading services to retail and corporate clients in Russia.

Publication date: 12 June 08:29 AM

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

There is no denying the fact that any beginning trader should choose the right broker in the first place. The thing is, many traders who are still getting their feet wet in trading are convinced that all brokers are the same in essence. At first sight, it my really seem so but if you dive deeper into the matter you will find out that this is not really the case and brokers do differ from each other in a number of aspects. Sometimes, the difference is crucial for the trader’s success.

Publication date: 10 June 11:51 PM

Bitcoin Skyrocket to $3000

Yesterday, on June 6, the average weighted exchange rate of Bitcoin came close to another major threshold, which is $3000 per 1BTC. By the way, this is a new all-time high for the crypto currency.
 
Publication date: 07 June 01:16 AM

Forex Trust Management the Right Way – Balance Between Moderate Risk and High Profit

Trust management has been one of the most efficient ways to benefit from investing in Forex. According to the result of comprehensive research conducted by Alpari, potential profitability of investing in PAMM portfolios is way higher than the profitability offered by the most profitable market products. Actually it’s 2,3 times as high on average.  As for isolated PAMM accounts, sometimes they bring 18-19 times as much profit!
 
Publication date: 31 May 09:37 AM

Masterforex-V Academy Experts on Finding Forex Entry Points

Any professional Forex trader out there can tell you that finding the right entry point is only 50% of success. Apparently, nobody likes a drawdown after opening another trade. Today we are going to take a closer look at how professional traders from Masterforex-V Academy seek and find the right
 
Publication date: 31 May 08:31 AM

Swap Slavery: Which brokers rob those who trade GBP/USD?

It’s not a secret that GDP/USD is one of the most popular currency pairs today However, there is one but. While some traders do really succeed in making money while trading the British Pound against the U.S. Dollar, others have to put up with losses over time while trading the same currency pair. Yet, we are talking about the same trades made with different brokers.
 
Publication date: 31 May 02:44 AM

MT4-Based Binary Options Brokers

Today we are going to take a closer look at the most reliable and trusted brokers allowing you to trader binary options using the good old MetaTrader 4 or MT4 for short. Let’s first recap what is MT4 and why you should consider trading binary options this way.

Publication date: 29 May 10:47 AM

Russian Ruble May See Devaluation

According to Russia’s central bank, the real effective exchange rate of the Russian Ruble increased by 2,5% in April 2017 against March 2017. What is the long-term forecast and what are the chances of a weaker ruble in the near future? Market Leader will try to figure this out together with several experts.
 
Publication date: 25 May 09:04 AM