Forex Trading is a good chance to earn good income for students,house wifes, any one.by following simple methods. If any one learn "FOREX TRADING" I will help you by live chat/ offline chating.
by learning you will get $100-$200 per month. First let me explain what is forx trading?
INTERNATIONAL FOREX,COMMODITIES TRADING
1.WHAT IS FOREX, COMMODITIES TRADING?
FOREIGN CURRENCY EXCHANGE IS CALLED AS "FOREX" IN SHORT FORM.
Foreign currency's like U.S.D, G.B.P buying and selling through the computer is called as "FOREX TRADING".as well as gold, silver, cotton, termeric and agriproduct's buying and selling through the computer is called as "COMMODITIES TRADING".anybody wants to do trading,they must take account at broker (broker means here not a man, regulated trading organisations)after completing this process,install the brokers trading platform,transfer funds in to your account.this is the process of trading primery setup in system and when you complete this process you can take orders either buy/sell according to market.remember forex rates will be update every minute to minute.
2.FOREX & COMMODITIES MARKET TRADING TIMINGS.
INDIAN FOREX-CURRENCY MARKET TIMINGS
Indian currency market will be start at morning 9AM to evening till 5PM. (Moday to till friday)
INDIAN COMMODITIES MARKET
Indian commodities market will be start morning at 10 AM to till night 12PM
(monday to friday) and also saturday morning at 10AM to afternoon 2 PM.
INTERNATIONAL FOREX, COMMODITIES MARKET TIMINGS.
International forex, commodities market runs monday to friday 24 hourse.
USES OF FOREX TRADING
Forex trading is a risky game,aswell as profitable.if you have enough money in your trading account thats it.you dont need any thing.you can take orders either buy/sell. by just sitting infront of your computer.for example if you buy10gr Gold at 28000 rupees price!if the gold price hike28200rupees,then you can sell your order immediately.you will be credit 200 rupees in your account.at any movement you can close your order.another example,if you buy 1000 dollars at 60rupees price,if the market price hike at 61 rupees then you can close your order with 1000 rupees profit in your account.you can sell at any price with limited profits (or)if you want sell at some more high profits, you have to wait till it reaches your desired price.some time if we wait for desired price it will be revers.means market will goes decrease. it leads to los of our money.but there is some differences in indian and international market platforms.
In indian market platform,if we take a buy position we must take sell position simultaniously to close buy positions.aswell as if we take sell positions we have to take buy positions to close sell positions.
In international market we can take our desired orders and close without any ristrictions.without knowing this fact somany traders are getting confusion between indian and international market platform.
SOMANY PEOPLE HAVING DOUBT HOW PROFITS WILL COME IF MARKET PRICES UPDATE EVERY MINUTE TO MINUTE?
We can take profits with sell positions when market prices goes down position.and if the market goes high we can take profits with buy position. infact trading is also called as a "FUTURE TRADING".
RISK AND REWARDS ARE ALWAYS PROPORTIONATE
2.REASONS FOR LOSING MONEY IN TRADING
The main reasons for losing money in trading is ,
i) Emotions ii)Fear iii) Greediness
if you overcome above things definitely you will be become a successfull trader.
ALL THE BEST
REGULATED AGENCIES TO CONTROL FOREX BROKERS
When you open account at forex broker, please check below regulations for your ammount security.if you took account at unauthorised broker you will not get your money. so dont open account at unauthorised broker.please check your broker have a license or not at below organisation,have a look
1) USA--------------NFA, CFTC
2)ENGLAND------------ (FSA) FINANCIAL SERVICES AUTHORITY,U.K.
3) GERMANY--------------(BAFIN) THE FEDERAL FINANCIAL SUPERVISORY AUTHORITY
4) SWITZERLAND----------------(FDF) THE FEDERAL DEPARTMENT OF FINANCE
5) IN INDIA (SEBI)----------------SECURITIES AND EXCHANGE BOARD OF INDIA
AND SO MANY COUNTRY'S ARE HAVE SEVERAL REGULATING AUTHORITY'S
SO PLEASE CHECK BEFORE GOING TO OPEN FOREX ACCOUNT AT FOREX BROKER.
SECRETS TO BE A SUCCESSFULL FOREX TRADER
You have to must follow this rules in trading to be a successfull trader
- while your using technical indicators in trading, maximum follow them.dont usemore than two indicators in your chart.you have to blindly follow the indicators once you choose.if you think our trading strategies is ourself,indicators way is indicators you dont need to set indicators.
- Dont take unnecessery blind buy and sell positions. in trading we dont expect 100%winnings in trading. if you done 100% trade transaction in that cases 60% transactions areprofitable and 40% are close with los. profits and losess are most common thing in trading. 100 average transactions in one month some are profitable and some are close with los. trading is a buying and selling positions at a time with lacs of people.
- When buyers ratio is greater than selling ratio, those scripts price will hike.you have to be a buyer.in that cases if you be a seller you will be los your money. if you kept stop loss you will be los less amount.
- If you think i will manage sell positions after hiked prices will come back, but in that cases,if you have a higher margin in your account your account balance will be zero.so you have to find stop loss. or add some more money to your account.
- Hiked pricess will come back may after week or month, year.but your account must have a balance to trade
- If you want to close positions with profit? there are two importent things,first one is use less margin,and check your balance,if need add sufficient balance to continue trading.
- Just ask people how you los your money? all the people says uniquely we didn't keep stop loss point in trading. and iam saying you dont do same mistakes again and again.be a success full trader.
- Who learns from other people mistakes, they are most intelligence traders, this is true.
INTERNATIONAL FOREX TRADING,METATRADER4 PLATFORM
- If you want learn forex trading, demo account is a best option to practice,there is no another best oppertunity
- Just go to best forex brokers site and create demo account ,practice then you will ger an idea about forex trading.there is no profit & no losess because there is a virtual currency.most of the brokers are offering trading with demo virtual currency to practice.
- There is no difference between real account and virtual account.all the things are same but in virtual currency there is no profit and loss.in real account you get real time profits and losess.
- Demo account is just for learning perpouse.
- Some forex brokers have there own trading platforms but Meta trader4 is most popular.and it is compartable with hundreds of technical indicators, EA's (Expert Adviser),this things are leads to get meta trader platform famous .
- RISK AND REWARD ARE ALWAYS PROPORTIONATE.
- In international trading platform we have a chance to trade from1:1 to till 1:100 also 1:500,1:1000 leverage
If you want learn "Forex Trading"
You can contact directly with live chat also.