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fxb trading  
#41 Posted : Monday, January 08, 2018 9:40:57 PM(UTC)
fxb trading


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Learn to read between the lines to make better trades

So, you’ve got the trading bug. You’ve made your first profits – albeit modest – by making safe trades.

There are riskier trading strategies that can earn bigger profits. You know about them, you’ve been warned about them, and you’re not interested because the downside is too great.

So how do top traders end up making so much more money?

It’s not by taking bigger risks.

Profitable traders earn more because they’re better at predicting and understanding how markets react to news and economic data. They read between the lines of the constant stream of information that is available on trading platforms to make more profitable judgements.

The best traders use information to make a trade before the trend becomes visible to others.

For profitable traders, breaking news stories and economic data is information to be deciphered into factors that can affect the market.

It’s not easy. If it was everyone would do it. But it’s far from impossible, and can be learned.

Understanding economic performance and what affects it is an area that profitable traders excel.

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fxb trading  
#42 Posted : Wednesday, January 10, 2018 9:26:20 PM(UTC)
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Cryptocurrencies and gold: You need to take a position

Any trader looking to make money on the markets needs to invest time researching before taking a position.

If you do a search on cryptocurrencies it won’t be long before you’ll see an article that compares their merits against gold.

Should you invest your hard-earned money in gold or cryptocurrencies? They ask, and variations on that theme.

The number of these articles implies that they are somehow in competition with each other.

But it’s a phoney war, as they both have a different role to play in the world of finance and in your portfolio.

One of the reasons gold has stood the test of time is the stability it offers against the unpredictability of currencies and the sudden collapses that have taken place throughout history that can wipe out fortunes in an instant.

Gold is the perfect way to hedge against risk, impervious to natural, financial or political disasters.

Cryptocurrencies also offer a viable alternative to traditional currencies because they are decentralised, meaning no central authority can take it away from you.

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fxb trading  
#43 Posted : Monday, January 15, 2018 9:43:35 PM(UTC)
fxb trading


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Posts: 92


Wise Trading Words from Pro Traders

Ever wonder how professional traders deal with the ups and downs of forex trading? Here’s a glimpse …
The most successful traders view forex trading as a game of possibilities. Sometimes you win, sometimes you lose. In fact, there are occasions in every trader’s career when a losing streak can seem to go on forever. Losses happen, but what sets successful traders apart is the way they deal with the ups and downs of the markets!

If you are at the point in your trading career where you just feel like quitting, take heart … All successful traders went through what you are feeling, but overcame their doubts to become seasoned traders. They still lose some trades, but they understand that losses go with the territory and all that matters at the end of the day is that your profits far outweigh any losses you make.
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