Get up! Attention! Fall in! Those who served in the army remember the rules of the charter: getting up at 5 am every single day and hitting the sack at 9 pm. Those who followed the rules became tough men. The most dedicated were awarded and appointed commanders . And those who regularly broke the …
The first Forex trades took place when the Bretton Woods system fell apart in 1971, the countries abandoned the gold standard and began to exchange currencies. Just like that.
In fact, currency and exchange trading have been there long before that. There’s evidence of coinage exchange appearing in Ancient Egypt back in 259 BC. So Forex may not be as new as it seems.
It’s great, when everything in your mind is perfectly organized for maximum productivity, like in the picture above. But when you’re only getting started, trading may seem quite complicated, with lots of factors that you need to consider. In this article, we’ll take a look at the Trader’s kit – what basic tools it contains. We’ll also give you some tips that will help you avoid common beginner mistakes. Now, let’s get started!
Even novice traders know that you should trade following the trend. However, not everyone entirely understands what a trend is and how to identify it correctly. In this article, we will try to shed some light on trend trading and some of its intricacies.
Having read about the unlimited Forex opportunities and huge profits that large investors receive, many people decide to start working in the foreign exchange market and try themselves in the role of a trader. When a novice trader registers a trading account and gets started, he immediately faces a choice between manual or automated trading. In this article, we will talk about these two types of trading and try to find out what are the pros and cons of each of these trading approaches.
If you can’t win the high leverage game of FX trading as a day trader, you may want to learn a few useful practices. They will save your balance from a complete drain. Usually, novices lose their capital in an attempt to make money quickly. Forex demands more effort than just mindless investing. But even the educated traders are not fully protected from occasional losses. The following guide will save you from the most common mistakes and will give a few useful tips to become a successful day trader in the FX market.
AMarkets is international CFD&Forex online broker, which provides its clients opportunity to trade on forex, CFD, commodities, futures, indices, Equities and even crypto. We can guarantee you one of the best trading conditions and improved safety, by being a part of Financial Commission, which protects AMarkets customers from off-market risks.