Fri 28 July 2017

Live Forex Quotes & Currency Rates

Posted by Alisha Polley in blog   

Risk Warning: Trading Forex (FX), Commodities, Options, and CFDs are a high-risk activity and you may lose more than your initial deposit. ThinkMarkets stellt keinerlei Ratschläge, Empfehlungen und Meinungen in Verbindung mit Kauf, Holding und Veräußerung von Finanzprodukten bereit. ThinkMarkets ist kein Finanzberater und alle Dienstleistungen beschränken sich grundsätzlich auf die Durchführung.

The internet is a double-edged sword. It is great because it allows you to get easy access to the information you need to rapidly improve your trading, but it also means there is much more rubbish being published taking away your attention that you don't need to concentrate on.

There are many people however, most often individual traders who just recently entered the market, that picture themselves a particular brokerage firm when they are asked what is Forex and how the system works. But there is much more to it than you thought, and of significant importance. In order to choose a reliable and suitable broker and avoid disadvantages such as latency risk, negative slippage instead of a both-ways one and many others, a trader must first learn how the Forex market actually works and how an order is executed.

An edge (in my book) is everything about the way you trade that can help put the odds in your favor. It's a combination of the time frame you trade, the price action strategies you use, the key levels you've identified, your risk to reward ratio , etc. It even goes as far as your pre and post trade routine. How do you handle losses? What do you do when you win? These are all things that make up your trading edge.

The first deposit placed into a Pepperstone account when trading forex online will lead up to 10,000 Qantas points. To achieve this, link a Qantas frequent flyers membership to the Pepperstone forex trading Australia account and then make the deposit. 10 frequent flyer points are awarded per dollar deposited. This only nappies to the first deposit and further conditions apply.