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15 Jun, 8 tweets, 3 min read
Forex stands for FX market. It is also commonly known as the currency market. One can join to just exchange their currency for another. This kind of market is mostly made of traders who make assumptions on the rates just like speculating on how the stock market will move.
#forex Image
1. You must be updated and learn about the markets local and abroad. Studying this could be done by reading resources that focus on currencies and financial topics.
2. Look for help from a trading professional. The professional will be able to guide you in the best steps or strategies to take. They will also be able to answer any concerns you may have regarding trading.
3. Observe how other companies are using their strategies. You will want to be keen on how they make decisions and how they move their money. Therefore, observing them will let you know the best winning strategies.
independentinvestor.com/forex/strategi…
4. Look into the kind of software that will help you calculate when trading. There are some that are free over the internet while others need to be purchased. The program will be able to show you a demo. You should try the demo before making a real one.
5. Buy a foreign currency that does not have much value and convert it once it equals the amount of your own money or currency. You will earn profit in this way.
Advantages of Trading in Forex
independentinvestor.com/forex/advantag…
1. You can directly trade with your targeted market.
2. This means that you can decide for yourself how big you want your account to be.
3. It operates every day, the whole day, 24/5.
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More from @ininvestor

Independent Investor Profile picture
30 May
Would you like to understand the way the FX trading works and employ it to your advantage to generate monetary assets? Here, we are going to discuss the basics of forex trading. This thread aims to supply useful info on learning the basics.
#forex #fx
independentinvestor.com/forex/forex-fo… Image
Forex trading is the largest markets on the planet that handles trading with foreign currencies. This sort of market accounts for enabling currency conversion for trade and investment internationally.
How To Earn Money By Using Forex:
Nowadays more and more people engage into FOREX trading in the hope of getting additional income. How can you really make money in this sort of trading industry? In order to start earning today, here are some ideas you have to consider:
Read 8 tweets
Independent Investor Profile picture
16 Apr
Many of the reasons some people use to avoid giving the forex market a try may have some merit, but most of them are excuses. I know the forex market is a good alternative. Lets take a look to some of the main excuses.
#forex #forextrader #forextrading
independentinvestor.com/forex/advantag… Image
1. I don't have money to save and invest.
You don't need to be rich to trade the Forex Market. One of the main advantages of currency trading is the minimal capital needed to open and fund your account. You might be able to start trading with only $10 dollars.
2. Trading is too risky.
There is the same amount of risk involved in trading the forex market as there is on anything else in life. As long as you are prepared you can keep your risks under control.
independentinvestor.com/forex/disadvan…
Read 6 tweets
Independent Investor Profile picture
1 Apr
Why More Than 90% Of Forex Traders Lose Money?
There are lots of Forex traders out there. However, over 90% of them never become profitable with foreign exchange. Here are 3 ways to make it happen.
independentinvestor.com/forex/ Image
1. Robot Forex trading programs get a lot of hype. While they can make you money, none of them will make you rich-even the best ones. Many investors think they will see returns of 20-30% a year with these robot programs, but these claims are greatly exaggerated.
This is a form of investing where you focus on buying currency pairs for the long term. Most Forex traders use technical analysis, simply because fundamental analysis is rather difficult when dealing with foreign exchange. However, technical analysis can be very time consuming.
Read 7 tweets
Independent Investor Profile picture
31 Mar
Whether you are looking to switch away from a current career or planning to pursue Forex currency trading after graduation, proper preparation is essential. You need to know how to make money with it, but you also need to understand what it means to go into business in investing. Image
Regardless of whether you're in college or currently in another career, take a currency trading course and start pursuing your new goals on the side. One of the best ways to get started is with simulated exchanges.
#forex
independentinvestor.com/forex/
Working alongside others who are focused on Forex can greatly improve your own chances of eventual success. This is especially true if you can find someone who is both a good teacher and a skilled trader.
Read 8 tweets
Independent Investor Profile picture
14 Jan
When it comes to investing or trading stocks, it's no surprise novice traders might get overwhelmed with all the technicalities and how to make the most of your stock investment. So in this thread we'll skip the basics.
#investing #stocks Image
First stop. Trend is your friend, I bet you've heard it before but this time you really should pay attention to the trend. Analyse it and don't go against the tide. You stand a better chance following the trend.
#trend #stocks
independentinvestor.com/share-dealing/…
What is one of the most important aspect of success? PLAN. Yes, you've got to have a plan and it doesn't only apply to investing.
You need to devise your own plan and do your utmost to stick to it. Develop your investment plan.
independentinvestor.com/share-dealing/…
Read 6 tweets
Independent Investor Profile picture
31 Dec 20
Times are tough at present, so your approach to fields like Forex trading should be a reflection of the times. To be more specific, you should realize that trading in the foreign exchange market requires you to be well informed of the current state of the market at all times. Image
You need to understand the market and gather as many tips about it as you can. It is best for you to use insider tips because the public knowledge that you gain will not be of much assistance to you.
#forex #forextips
independentinvestor.com/forex/tips/
Indeed, you need to master the most important aspects of the Forex market because even the competition and trends can influence how much you will make in this industry on top of its volatile, luck-based nature.
independentinvestor.com/forex/volatili…
Read 7 tweets

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