Fri 28 July 2017


Posted by Alisha Polley in finance   

Although forex is the largest financial market in the world, it is relatively unfamiliar terrain for retail traders. Until the popularization of internet trading a few years ago, FX was primarily the domain of large financial institutions , multinational corporations and secretive hedge funds But times have changed, and individual investors are hungry for information on this fascinating market. Whether you are an FX novice or just need a refresher course on the basics of currency trading , read on to find the answers to the most frequently asked questions about the forex market. One of the easiest ways to enforce the type of discipline required for real Forex trading success is through the use of automated Forex system trading or Forex trading robots - often called Forex Bots. These software based Forex trading systems are very sophisticated computer programs that use a variety of Forex trading signals. Many of them can trade in a completely automated mode, where all the trader does is watch and check his account balance. These programs enforce the type of discipline that provides positive expectancy. Automated trading systems can often open a trade, track it, set stop losses, and close the trade completely on their own, based on the rules programmed into the software using a data feed and an internet connection to the trader's brokerage.

You see? Every one that participates in any of the markets mentioned above is a speculator. But you never (or rarely) hear a stock market trader being called a stock market speculator. You would most likely find a stock market trader being called an investor.

The XM Group is licensed by the FCA in the United Kingdom (Trading Point of Financial Instruments UK Limited), the ASIC in Australia (Trading Point of Financial Instruments Pty Limited) and by CySEC in Cyprus (Trading Point of Financial Instruments Ltd), adhering to enhanced regulatory standards.

Love it. With my indicators set properly I can use it on my phone tablet and computer all with the same effectiveness. Only thing I don't like is the small lag when logging on my mobile app and the wrench in the lower right corner spins around when I'm in a scalping trade. Might be my connection speed too. Not complaining though!

On the pullback the price must stall-stop falling-for at least 2 bars+ (2 one-minute bars, or more). Buy a breakout above the high price of the sideways bars. This requires patience. If the price stalls and then breaks out in the opposite direction of our trade (no fill on our order), assess if you still want to trade in that direction, and wait for another slow down/stal.

If your FOREX broker offers you leverage of 1:100, you can trade with 100 times more money than your deposit. This means that if you want to buy 100 000 EUR/USD you only need to have EUR 1 000. With this leverage you can take a position with 100 times larger value, resulting in 100 times bigger profits or losses, therefore great care is required when placing your trade. Equities on the other hand are traded without leverage. Equities on the other hand are traded without leverage.