Forex And Daytrading

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dinero2021

dinero2021

Member
Thanks for the invitation and I will also be glad to join you. But I don't know whether the difference in countries time won't be a problem. I am in Nigeria where we don't use the same time as you do, becuase I know you are not a Nigerian. If the time can fall around 19:00, then I will be glad to join you guys but if not anytime you want to do it on weekends, let me know.
Hi, do you know about Helium?
 

Wisdom01

VIP Contributor
Day trading requires so many strategies to make more money daily from the market , because without strategies the person would only earn few or no amount of money and it would be in form of gambling and luck ,so to earn from cryptocurrency a plan and strategy is required too
 

Dita Walczak

Verified member
I also like to do day trading. However, I never close the trade with a loss. When I trade, I follow the money management and trade with the trend, it has an 80% profit potential.
 

Sethbala11

VIP Contributor
Day trading or what a lot of people might include it as scalping is one of the good ways of trading and it is the one in which many people employ. The thing about the trading is that you will have to take up a lot of trades and some of them might even be out of emotion and usually they are not very predictable.
 

Sotherefore

VIP Contributor
I think day trading will be very much possible if you are a cryptocurrency traded because that lot of opportunity in the crypto-currency market than forex market to identify an opportunity to trade and make money, a lot of people are trading everyday and they're making a lot of profit from their trading, I believe it all depends on your trading skill and strategy
 

Robson Dey

Verified member
As we all know forex is a risky market. Traders can lose money in the blink of an eye. It is wise to control risk in forex traders. New traders often fail to do that and lose whole capital overnight. It is common to lose money in trading. Just accepts the fact. Try demo trading first. Learn from your mistake.
Use a trading strategy with proper risk management. I learned about risk management from Forex4you free educational courses. This is the best broker I have ever seen. They always help me to make consistent profit from this market. They are very reliable. They provide 24/5 customer support to their clients.
 

Dita Walczak

Verified member
Forex trading has many strategies but not all strategies are profitable. If I want to trade, I have to follow the strategy carefully. If I don't follow the right strategy, I won't be able to survive in the market for long. Eurotrader brokers help me solve many complex problems in trading.
 

dinero2021

Member
Online trading is great way for serious investors to make money, but inexperienced traders often wind up with big losses. A good set of instructions can minimize the risks and save months of expensive trial-and-error learning.

Day Trading

Day Trading had its heyday during the bull market of the 1990’s. All the amateurs have since dropped out, but day trading is still being practiced by professionals. There are fewer opportunities in the current market, but skilled investors can still find them if they know what to look for.

FOREX Trading

The Foreign Exchange Market (FOREX), the world’s largest financial exchange market, originated in 1973. It has a daily turnover of currency worth more than $1.2 trillion dollars.

Unlike many other securities, FOREX does not trade on a fixed exchange rate; instead, currencies are traded primarily between central banks, commercial banks, various non-banking international corporations, hedge funds, personal investors and not to forget, speculators. Previously, smaller investors were excluded from FOREX due to the huge amount of deposit involved. This was changed in 1995, and now smaller investors can trade alongside the multi-nationals. As a result, the number of traders within the FOREX market has grown rapidly, and many FOREX courses are appearing to help individual traders increase their skills.

As a matter of fact, it’s advisable to take FOREX training even before opening a trading account.

It is vital to know the market mechanics of FOREX, leveraging in FOREX, rollovers and the analysis of the FOREX market. Due to this fact, potential FOREX traders would do well to either enroll in a FOREX training courses or even purchase some books regarding FOREX trading.

There are pros and cons to enrolling into a FOREX course. For beginners a FOREX course is a rapid method of learning the basics of FOREX trading. Not much time is spent on history of the market or arcane economic theories. Often, on-line or phone support from a skilled FOREX trader is available to answer any questions. Also, the information is condensed and practical, often with graphs and charts.

The disadvantage is the price, as courses are more expensive than a paperback from the bookstore. Also,

the course may just teach the approach of the trader who wrote it, and individuals have different trading strategies. The student may grow accustomed to the logic and focus of the teacher without coming to realise that nothing is predictable in the FOREX market, and many different strategies will bring profits in varying market circumstances. Also, knowledge of practical applications may not be enough, as the FOREX is highly unpredictable and there are many external factors, such as political issues, affecting the flow of finances in the market.

The best advice would be to do some background research on the FOREX market first, and then enroll in a course.
 

btaliat

VIP Contributor
Only on Thursdays at 3:00PM Nigerian time
It won't be possible for me today as I will be at work by then. But I won't mind if you can send me the meeting link against next Thursday. Because I will take my leave this week at work which means I should be chanced everything being equal next week Thursday, thanks in advance.
 
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dinero2021

dinero2021

Member
The fact is that I am not good at calculating time difference which mean I won't know the exact time that time you made mentioned will be using Nigerian time. Are you not doing your seminar every weekend. Anyway, I may be having time anyday anytime starting from next week. I really appreciate your kind gesture. We can say the rest thorough personal message. Thanks
Only on Thursdays at 3:00PM Nigerian time
 

btaliat

VIP Contributor
We will be having it at 05:00PM Kenyan time. Is that okay?
The fact is that I am not good at calculating time difference which mean I won't know the exact time that time you made mentioned will be using Nigerian time. Are you not doing your seminar every weekend. Anyway, I may be having time anyday anytime starting from next week. I really appreciate your kind gesture. We can say the rest thorough personal message. Thanks
 
OP
OP
dinero2021

dinero2021

Member
Thanks for the invitation and I will also be glad to join you. But I don't know whether the difference in countries time won't be a problem. I am in Nigeria where we don't use the same time as you do, becuase I know you are not a Nigerian. If the time can fall around 19:00, then I will be glad to join you guys but if not anytime you want to do it on weekends, let me know.
We will be having it at 05:00PM Kenyan time. Is that okay?
 

btaliat

VIP Contributor
We are having a traders zoom meeting today, would you be interested in joining us?
Thanks for the invitation and I will also be glad to join you. But I don't know whether the difference in countries time won't be a problem. I am in Nigeria where we don't use the same time as you do, becuase I know you are not a Nigerian. If the time can fall around 19:00, then I will be glad to join you guys but if not anytime you want to do it on weekends, let me know.
 
OP
OP
dinero2021

dinero2021

Member
Forex is one of the fastest ways of making money online and it is gaining ground these days even more than crypto. The fact that there is no day and time that you cannot trade on forex also make it unique and have an edge over crypto which has lower trading during the weekends.
We are having a traders zoom meeting today, would you be interested in joining us?
 

btaliat

VIP Contributor
Forex is one of the fastest ways of making money online and it is gaining ground these days even more than crypto. The fact that there is no day and time that you cannot trade on forex also make it unique and have an edge over crypto which has lower trading during the weekends.
 
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