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Nairaland Forum / Nairaland / General / Business / FOREX EDUCATION : Learning From Newbie To Pro (1182 Views)
Veerays Free Forex Education / Learn And Earn. Risk Free Forex Education / Seeking The Best Of Forex Education >>> (2) (3) (4)
FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 12:52am On Nov 11, 2021 |
I will be sharing every tips, rules, tricks, strategy and others you need to become a master in forex trading. Forex is not a get-rich-quick-scheme so you have to make your plans, spend time studying the markets and setting your goals. Come with me and let's grow together....
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Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 12:54am On Nov 11, 2021 |
[/b]DEFINITION OF FOREX TERMS[b] |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 7:04am On Nov 12, 2021 |
Please I would be posting mostly pictures so you understand better. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 7:07am On Nov 12, 2021 |
MEANING OF FOREIGN EXCHANGE.
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Re: FOREX EDUCATION : Learning From Newbie To Pro by Snowflakess: 8:18am On Nov 14, 2021 |
Listening bro |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 9:14am On Nov 28, 2021 |
[/b] The Basics of the Forex Market [b] Everyone knows that the most traded financial market in the world is the foreign exchange market (forex market, sometimes known as FX market). The forex market is the center of world capital, over which lies the interconnection and movement of each country’s capital and investment funds. For instance, an Asian speculative fund investing in Austria’s Treasury bonds, or a Japanese financial company devoting some of its assets to the Argentina stock exchange, each of these international transactions is made possible through the forex market. The forex market is open round the clock, six days a week. It enables forex traders to trade positions at whatever time they please or act on events and news, as they happen. In this market, large funded trades as high as a billion dollars can be transacted in a matter of seconds. According to statistics, average daily currency trading volume is above the $2 trillion mark per day. To illustrate the idea, the average daily forex trading volume is about 15 times the size of the world’s equity markets. Hence, the forex market is basically a trader’s market. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by rainlover(m): 7:43am On Nov 29, 2021 |
If only you know that forex trading is 90% psychology and 10% skill. The earlier you realize this - the quicker you make progress. Learn crypto FUTURES instead |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:29am On Dec 22, 2021 |
rainlover: If you don't have knowledge in it, ask and you'll be taught. I'm a forex trader and also very well into crypto so I know what both entails. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:31am On Dec 22, 2021 |
There are secrets in forex trading to making massive profits which many don't yet know about but I will be revealing them tip by tip so just follow me and stay tuned. I guess I will be putting in some little chunks of crypto as we go. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:35am On Dec 22, 2021 |
I figured the photos will make it more easier for most people to learn so take notes and understand. Ask questions where you don't comprehend....
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Re: FOREX EDUCATION : Learning From Newbie To Pro by rainlover(m): 11:21am On Dec 22, 2021 |
MotivationKG: I guess you misunderstood my comment. I'm a crypto futures trader |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 7:26am On Dec 26, 2021 |
rainlover: Whether Crypto futures trading or spot trading, all are crypto I understood both your comments very well. Psychology is also involved in Crypto as well and you also have to learn the skill. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 7:34am On Dec 26, 2021 |
[/b]Speculating in the Forex Market[b] The large part of currency trading volume is based on speculation, as opposed to commercial and financial transactions. Speculation means that forex traders buy and sell foreign exchange positions for short term profits based on a day to day, hour to hour, or minute to minute fluctuation of prices. The biggest contributor of currency trading volume, as much as 75 %, is the major currencies. The major currencies represent the wealthiest and most developed economies. You might ask, what is the factor that contributes to the efficiency and ease of buying and selling securities, stocks, financial instruments, and assets such as forex? That factor is liquidity. This refers to the overall level of market interest, or the level of buying and selling volume in the market at any point of time for a particular security, stock, financial instrument or asset. Simply put, the higher the level of liquidity, the deeper the market. The deeper the market, the level of efficiency and ease of buying and selling becomes higher. Liquidity is an important factor since it measures how fast prices move between trade transactions over time. A highly liquid market can determine large trading volume transacted with minor changes in the price. Conversely, an illiquid market determines the prices as they move rapidly on lower trading volumes. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 7:35am On Dec 26, 2021 |
MERRY CHRISTMAS TO EVERYONE AND ALL NAIRALANDERS!! 1 Like
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Re: FOREX EDUCATION : Learning From Newbie To Pro by ElectronicMoney(m): 1:44am On Dec 30, 2021 |
MotivationKG: Please also discuss lot sizes and risk-reward management |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:48am On Dec 30, 2021 |
ElectronicMoney: Of course, I will surely do that... Anyways, thanks for the contribution. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:51am On Dec 30, 2021 |
[/b]The Trading Currencies[b] Depending on the time zone, global financial centers such as London, Sydney and Tokyo are open at any given time. Moreover, currency or forex trading doesn’t even halt its operations for holidays. This means that the forex market is open and active 24 hours a day, 7 days a week. With respect to forex trading in the Asia Pacific Region, the financial trading centers are Singapore, Hong Kong, Sydney and Tokyo. It is important to note that most of the transactions in this region are focused on the Japanese Yen currency pairs. With respect to forex trading in the European Region, it is important to note that most of the transactions in this area are focused on the European currencies and the Euro crosscurrency pairs. With respect to forex trading in the North American Region, it is important to note that on most days, market interest rates and market liquidity decrease significantly in New York during afternoons. On relatively less active trading days, the lower market interest results in stagnant prices. But on relatively more active trading days, the lower level of liquidity can trigger price movements. Traders also need to consider that lower levels of liquidity tend to prevail. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 9:58am On Jan 25, 2022 |
HAPPY NEW YEAR EVERYONE!!! and welcome back... I have been away for long but I am back now so we continue. So sorry for the long time off. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 10:04am On Jan 25, 2022 |
I wish I could post videos here cos I have very good strategic videos and educational too that will teach you guys more. Audios included also. I understand that we have different ways in which people learn. Some learn faster through Practicals, some through Theories, some learn through audio process, some through visual. I will try and make it easy for everyone. This thread will be updated daily from now on with signals also. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by ElectronicMoney(m): 2:25pm On Jan 25, 2022 |
MotivationKG: Welcome back |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 5:22am On Jan 26, 2022 |
Learn each Candlestick pattern, it's very important. I will give more detailed explanation on each specific candlestick.
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Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 4:35pm On Jan 26, 2022 |
GOOD EVENING EVERYONE.. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 4:46pm On Jan 26, 2022 |
Quote of the Day :-
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Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:42am On Jan 27, 2022 |
Good morning to all Traders (both intending & current). I believe you all had a great night. Today will be a different day as every others but with more interesting topics. I have a word for the newbies below;
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Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 10:24am On Jan 27, 2022 |
Just started on this account last night.....Still Working.
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Re: FOREX EDUCATION : Learning From Newbie To Pro by eben123(m): 3:20pm On Jan 27, 2022 |
Boss, are you in Lagos ? |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:21am On Jan 28, 2022 |
eben123: Nope, presently in Abuja now but traveling soon. |
Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:22am On Jan 28, 2022 |
Good morning Everyone....Time to make money today.
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Re: FOREX EDUCATION : Learning From Newbie To Pro by MotivationKG(m): 8:24am On Jan 28, 2022 |
MotivationKG: And this was the end result of it, though I only traded for few hours due to busy schedule.
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