If you are a successful trader that is constantly yielding profits, I would advise you to start your signal service and become a signal provider, in that way you can earn an additional income. Setting up a signal service is easier than you think. To set up the signal providing account you would require a […]
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Virtual Private Server (or VPS) is a virtual machine provided as a service. It has its operating system running and as a customer, you will receive super-user access that will allow you to install a trading software (like MetaTrader) on that virtual machine. It will ensure that your trading software is running without interruptions. From […]
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Forex signal trading is an automated trading style. The trades are executed based on the signal that is provided by an external trader (or by expert advisor). Trading using a signal does not require any trading knowledge. You just need to select the signal that will generate your profits. That is the reason why new […]
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Scalping trading strategy is mostly designed for professional traders. Usually, the experts open the trade in a lower period and quickly book the profit. But becoming a pro scalper is a very tough task and many traders often blow up the trading account. You must have a perfect scalping strategy or else you are going […]
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A trading style when positions are opened and closed by the order that was initiated by the trader is called a manual trading style. A big disadvantage of this trading approach is that it requires lots of time and concentration because you need to constantly watch the market. First, you have to constantly monitor charts […]
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The Fibonacci trading strategy is one of the most effective ways to ride the major trend. You might have heard the famous proverb in the Forex market “Trend is your friend”. To trade with the major trend, you need to find the endpoint of the retracement. And the best way to find the sweet trading […]
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You have probably heard about the constant forex trader’s debate on what style of trading is better, manual trading style or automated one (using forex robots). Well, different traders would give you a different opinion about the topic. Some of them prefer manual, while others would say that automated is better. So, who is right? […]
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Most of the novice Forex traders put their 100% effort into planning their perfect entries. They tend to use multiple tools and strategies to make sure their trades are placed well. But the key element they miss while trading is their exit strategy. As surprising as it sounds, most of the beginners are hardly worried […]
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There’s no denying that the Global Forex or foreign exchange market is one of the most heavily traded markets of the world, with an estimated $5.1 trillion worth of Forex being traded daily. In Layman’s terms, Forex trading refers to the process of exchanging one fiat currency for another, usually for reasons ranging from commerce, […]
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Forex trading business has gained huge popularity over the past years. Most importantly, the number of active traders in the financial industry is rising at an exponential rate. Those who are smart and have precise knowledge of the Forex market is taking advantage of these new traders. They are selling signals and making a decent […]
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