There is a deep-seated misconception among newbie forex traders that when a market is moving in a certain direction it will move so in a perpendicular angle, I know this cos that’s how I thought so too initially but in reality the market moves in zig zags whether going long or short. As a trader you need to learn and identify these changes as they are very crucial in making you a successful trader. These zig zag patterns are identified as support, resistance levels, higher highs, higher lows (uptrend), lower highs and lower lows (downtrend).Read More
InstaForex is offering a $1000 no deposit. That is a huge amount for any forex trader. This offer is only for new clients. I love the feature where you are able to subscribe and copy successful traders. Once you gain 10% of your deposit, trading is suspended until you replenish your account with an amount equal to your 10% profit.
In my early days trading Forex I came across a Facebook advert from Learn to Trade. They had an opt in form to book depending on where you were in Gauteng.
I enthusiastically booked for me and my son on a session that was in Sandton. On the said day I booked an afternoon off from work and drove to Sandton with Linge.
Got there in time with other enthusiastic would be Forex traders. Don’t remember which floor their offices were but it was a very plush office space. Tea and biscuits were served before the start of the session and we had to sign in confirming our presence.
The session started where we were shown the philanthropic work done by the founder of Learn to Trade all over the world and then we were sold the sales pitch...Read More
We offer an extensive course for those Forex enthusiasts who would like to take a dab in and learn forex. This comes at a minimal costs where you are only charge for our time to teach.
We are not promising miracles or instant riches but enlightenment to help you make decisive analysis and confident future trades.
- What is Forex?
- Why Trade Forex?
- Who Trades Forex?
- When Can You Trade Forex?
- How Do You Trade Forex?
- Types of Charts
- How to use MetaTrader 4 (MT4) / MetaTrader 5 (MT5)
- Keeping a Trading Journal
- Stop Losses and Take Profit
- Trailing Stop
- Developing your own Trading Plan
- Which type of Trader are you?
- Create your own Trading Style
Forex is a global currency trading market where foreign currencies of the world are traded. Simply put it is the buying and selling of currencies. Its also called the Foreign Exchange or FX.
$4 trillion is estimated to be traded daily. Forex is the largest and most liquid market on the earth.
In terms of ranking XM is my number 1 FX Broker for a number of reasons but here is just a few which are of significant importance.
XM offers a $30 no obligation Trading Bonus to new clients. This means you can start trading without depositing money. This amount is automatically credited into your account once its verified The bonus cannot be withdrawn but you can withdraw your profitsRead More