Discover and read the best of Twitter Threads about #Forex

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I will show you how you can take advantage of the biggest and most liquid market in the world. The Foreign Exchange Market aka #FOREX.

$SUPER Thread $

1.-Why you should do it?

2.-What to avoid?

3.-How you should do it?



1.-Why you should do it?

Forex is the largest (by far) and most liquid market in the world.

Just to show you the magnitude, The New York Stock Exchange (where most people trade stocks) averages a daily trading volume of 23 billion.

The Forex Market averages 6.6 TRILLION
* High liquidity means easier, INSTANT market execution orders and lower spreads.
Read 24 tweets
@threadreaderapp @HolisticTrader @jack Here are the facts everybody - Michael Watkins theholistictrader is a mentally ill fraudster from North Wales UK.

He has fabricated stories that he was hacked.

Fabricated stories that he is being harassed.

Claimed I am Scott Schink when I am not.
@threadreaderapp @HolisticTrader @jack Michael Watkins holistictrader claims I am a different person each week to suit his harassment narrative.

he has made bogus/vexatious police reports to multiple police forces in 3 countries - they are all used as an intimidation tactic - it hasnt worked.
@threadreaderapp @HolisticTrader @jack I am an investigative blogger based in the UK.

Michael Watkins theholistictrader has subjected me to 9 weeks of sustained harassment, intimidation, abuse, threats, DDOS, doxing.

He has fabricated multiple claims in order to get me shut down.

He is a lunatic.
Read 6 tweets
UK serial Fraudster Michael Watkins pretending he is being harassed to get me taken offline - he is desperate.

He has not been harassed.

Hes done the bogus "tip off" to the @FBI @FBICharlotte

And multiple vexatious reports to UK Police forces.

All in order to intimidate me
Of course it hasn't worked.
In each case I have contacted the relevant Police department and sent them the blog.

I am none of the people he keeps claiming I am - its a new one each week.

Michael Watkins theholistictrader will say im Scott Schink - no idea who he is.
Each Police force needs to do Michael Watkins for perverting the course of justice.

They also need to get a grip and get a case together for the multiple criminal acts he has carried out against me and others over the last 3 years.

They will uncover a trail of fraud.
Read 7 tweets
@George1Trader @HolisticTrader George - ignore him. Everything Michael Watkins theholistictrader says is a lie.

Hes a mentally ill fraudster living in North Wales, UK - This is not some whale/pro.…

Michael Watkins the biggest scammer in #btc #bitcoin #crypto #cryptotwitter
@George1Trader @HolisticTrader he started off shilling affiliate sign ups for @SiamKidd thats how he got the idea - siam is called the realistic trader.

hes setup the same business model and failing to sell it.

Hes also partnered with new kids on the blockchain.

Everything he says is a lie.
@George1Trader @HolisticTrader @SiamKidd Michael Watkins has subjected me to 9 weeks of harassment for calling him out as a fraudster -
hes fabricated stories I hacked him and made vexatious reports to multiple uk police forces.

Now contacted the FBI because hes desperate.

Hes a total lunatic.
Read 6 tweets
Michael Watkins @holistictrader full of shit as usual.

All of this because I wrote correctly that he was fraudulently using the FCA title.

8+ weeks of harassment, intimidation, lies, threats, DDOS etc.
Michael Watkins theholistictrader has carried out multiple criminal acts since correctly writing on my blog that he was fraudulently using the FCA title.

Every single thing he says is a lie.…

#btc #bitcoin #crypto #cryptocurrency #cryptocurrencynews
Read 6 tweets
Michael Watkins theholistictrader is a fraud.

I am a finance blogger and uncovered him back in March - I have been under sustained harassment from him since April.…

Hes been harassing multiple people for years

@Crypto_News24x7 @botsfolio @Phantomkiwi
everything he says is a lie, his latest attempt is to paint me as a scammer.

he has accused me of being other people I have no personal or business relation to - Michael Watkins is not only a fraud but mentally ill.…
Michael Watkins has engaged in harassment, intimidation, DDOS attacks, fraud, impersonation, forgery, threats, cyber bullying - it goes on and on and on.

Everything he says is a lie.…
Read 5 tweets
Open the fucking gyms now.

I'm not going to be nice about it anymore.

The same governors keeping businesses closed are the same governors not denouncing protesting crowds of thousands.

Where is the fucking logic?
Either all of the governors of the protesting cities are illogical asshats, or they are implicitly involved in an agenda to keep businesses closed to cause financial strain on working class people.

Where is the justice in this current system?
Every governor keeping their states closed for business needs to be voted out in the least.

I'd also say they need to be investigated for possible collusion in the destruction of the middle class of The United States of America.


#fitbusinessman #forex #sex #bitcoin
Read 5 tweets
Despite the fact that over 70% of the financial spread betting traders lose money, it is still a popular form of trading for retail traders.
In this thread, there are a few tips to become a bit more successful spread bettor.…
#spreadbetting #trading212 Image
Importance of discipline. Whenever you trade you need to make sure you follow your strategies and stick to your trading plan. Too after short term positions become long term, in the hope the financial market will move in the way you hope it will.
#market #strategy
Keep leverage under control and don't over leverage. Recent ESMA margin requirement changes made it much more difficult to over leverage but it's still possible. Ideally, you shouldn't put more than 1%-2% of capital at risk per trade.
#Leverage #trading #margin
Read 6 tweets
#RBI cut by 40bps each of these👇
#Repo rate to 4%
#ReverseRepo to 3.35%
#BankRate to 4.25%

Decision was reached after 5:1 vote,with #ChetanGhate,lone voice calling for 25 bps cut

#MPC meet was held ahead of schedule from 3rd-5th,June

#EMI #moratoroum extended by 3 more months
Moratorium extension till 31st August 2020,is both timely &reflective of @narendramodi govt's alacrity--Big relief to #MiddleClass

Measure to convert #moratorium interest payment into #TermLoan payable in FY21,is helpful

This will reduce #NPAs &stress on banks' balance sheets
#RBI's cut in #Repo will reduce cost of funds&extension of #moratorium will be supportive of financial stability;#Rates across #YieldCurve will move lower from current levels

Fall in #ReverseRepo rate will disincentivise banks from #hoarding #liquidity&coax them to lend

Read 10 tweets
Forex trading... not again :)
Just saw 3 questions so decided to answer them here.
1. Should I use leverage?
2. Should I have multiple forex accounts with different brokers?
3. What is the best forex strategy?
So let's answer these 3 questions in this thread.
#forex #fx Image
Should I use leverage?
Just because it's there it doesn't mean you have to use it up. Leverage has its benefits and risks but you have to use it wisely. Don't use it to the max just because it's there as it'll end up in bad way.
Should I have multiple forex accounts with different brokers?
It depends on the amount of money you have and your trading style. You might want to trade on a few platforms to check them out. But if you're happy with your FX broker then NO.
Read 5 tweets
"Banking was conceived in iniquity and was born in sin. The bankers
own the earth. Take it away from them, but leave them the power to
create deposits, and with a flick of the pen they will create enough
deposits to buy it back again.
However, take it away from them, and all
the great fortunes like mine will disappear and they ought to disappear,
for this would be a happier and better world to live in.
But, if you wish
to remain the slaves of the bankers and pay the cost of your own slavery,
let them continue to create deposits."
Read 17 tweets
Why most of CFD traders lose money?
When you visit your broker's site, you will see how many accounts lose money, this figure will likely be over 70%; thus over 70% of CFD traders lose money.
Ever wondered why?
Let's see in this thread.…
#forex #cfd #trader Image
Reason 1: Gambling. Gambling is probably the most common reason why so many CFD traders lose money. People get drawn into trading in a hope of making a quick buck and then end up losing money due to gambling and hoping for a lucky break.
#cfdTrading #CFD
Reason 2: Over-leveraging. Leverage is tricky as it is one of the pillars of CFD trading but at the same time most of the risks are associated with it. Try to keep the leverage in check and never put much of your capital at risk.…
#Leverage #tradingrisk
Read 6 tweets
Financial spread betting offers many benefits so it's no wonder it's a very popular form of trading in the UK and Ireland.
Before looking at the benefits, make sure you understand the RISKS -…
#spreadbetting #trading #forex #investor Image
1. Leverage: leverage plays a vital roles in derivative trading and spread betting is no exception. Leverage is like a double edged sword; you can amplify your profits but you can also lose more than you would like. Treat it with caution.
2. Probably the biggest advantage: no tax, no stamp duty, and no Capital Gains Tax. Yes, it's true, you have to pay nothing in tax and all your profits are tax free.
A word of caution you can't offset your CGT liabilities against spread betting losses.
Read 6 tweets
CFD and trading is never easy and requires a lot of discipline and time dedicated to be a successful trader. What is the difference between a gambler and a real and successful CFD and forex trader?
#forex #cfd #trading #success Image
It is vital but equally difficult to keep your emotions in check but emotions can cloud your judgement and you can rush into spontaneous and irrational decision; whether it's a CFD trading entry or closing your positions at the wrong time.
Discipline plays an important role in CFD trading as well. Once you've chosen your strategies and trading signals (if you use any), make sure you stick to the plan and discipline yourself to follow the plan to the end.
#discipline #tradingpsychology…
Read 5 tweets
What makes Contracts For Difference so special? Why are they so popular?
Let's see what makes CFD trading so different.
CFD trading is not for everybody and should be treated with care as it's leveraged product.
#CFD #trading #stocks #forex Image
Leverage: CFDs are a leveraged product and thus should be treated as a risky instrument. Treat leverage with respect and it will respect you. Never over-leverage and keep your trades under control.
Markets: Reputable CFD brokers offer a wide range of markets covering stocks, forex, commodities, indices, bonds and interest rates, crypto, and many more.
Make sure you learn the market you want to trade, just because you can trade, it doesn't mean you have to trade.
Read 5 tweets
Although it is difficult for many people to see the point in trading within a virtual environment where there are no tangible rewards, opening one or more CFD demo accounts is highly advisable for two reasons:
#cfd #cfdbroker #forex Image
1. It gives those that are new to derivative trading the chance to put the intricacies of CFD trading into practise within a risk free environment. If you are a beginner then there is much to learn and it is pointless diving in at the deep end and risking your hard earned cash.
2. There are so many CFD companies on the market that it can be difficult to decide on which one to trade with. Most brokers provide demo accounts and by ‘testing the water’ it is possible to decide which one ticks the boxes that are important to you.
Read 5 tweets
In just 6 TWEETS, I would show you how you have been LEAVING MONEY on the table just because you do not know how to use a DESIGN SOFTWARE.

So I get that you have been looking for a business you can do this lockdown that would bring in some cash...

#AThread #lockdownhustle Image
#1 There is this simple principle I followed when I was looking for a side business to quickly start. I call it the SHELF test.

SKILL: So I have it forever
HIGH DEMAND: so I can never go broke with it.
EASY: So I can start as soon as possible.

#lockdownhustle #NCDC Nigeria
LOW RISK: I didn't have money to lose
FLEXIBLE: So it doesn’t disturb my day job and can be done anywhere.

I ran several popular skills through this test including PROGRAMMING and #FOREX, but they fell short and I would tell you why shortly

#lockdownhustle #maskuplagos #NCDC
Read 7 tweets
The more you understand the value of analysis, the sooner you will become a better trader. It’s a common mistake for beginners not to pay attention to these. Though, some of them stick to them, realizing that the best choice is to be fluent.
#forex #trade
Technical Analysis: The main action of technical forex analysis in trading is to look for patterns’ actions, especially past patterns. They consider the past history mostly likely to happen in the future.
Fundamental Analysis: The idea of fundamental analyst is to review different countries and financial states, which include social, economic and political factors. You can see the importance of fundamental analysis, and find the reason why some traders prefer using only this type.
Read 5 tweets
In this thread we will quickly revisit how CFDs are different from other trading instruments and see why and how Contracts For Difference became so popular amongst retail traders and investors.
#cfd #investing #forex Image
1. CFDs vs Financial Spread Betting: the main difference between these two is that spread betting is CGT-free; thus you don't need to pay tax on any profit you make, at the same time your losses can't be offset against future gains.
CFDs vs Futures: in this case both look similar and you can actually trade both futures and CFDs with your broker.
An important difference is that futures have an expiry date while CFDs don't, on the other hand futures don't carry overnight financing cost.…
Read 5 tweets
In this this CFD trading guide for beginners, we will have a look at the main characteristics of the Contracts For Difference.
Here we will show what makes CFDs the perfect instrument for traders all around the world.
#forex #CFD #cfdtrading #forextrader Image
1. Leverage offers a great advantage for retail trader but it comes with its own benefits and risks. Leverage "technically" allows you to borrow money from your broker and thus you don't need to pay 100% value of the underlying instrument.…
2. Range of market. With CFDs, you can "virtually" trade anything, you name it, but the most common products are: stocks (shares), forex, commodities, indices, and cryptocurrencies.…
Read 7 tweets
>>> viruses can also transmit through the eyes and tiny viral particles, known as aerosols, can still penetrate masks.
!!! it is possible to be infected with shorter interactions or even by picking the virus up from contaminated surfaces,,,
Read 15 tweets

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