TRADE FOREX ONLINE AND MAKE FURTUNES(COMPLETE GUIDE)
Forex trading used to be business for banks where they
exchange foreign currencies and make millions of dollars daily. But the
introduction of internet has changed everything ,you can now trade currencies
in the comfort of your bedroom with just 100$.
WHATS FOREX TRADING ?
Forex trading is simply foreign exchange trading or trading
on foreign currencies by its exchange rate. Forex trading can be defined as the online internet currency
exchange trade or the act of simultaneously buying and selling currencies of
different countries online with the aid
of online trading platform.
Since forex trading involves the disparities in foreign
exchange rates ,making profit or loss in forex trade is usually determined by
the economic state of the different countries at a time.
GETTING STARTED WITH
FOREX TRADING
NOTE Before you
rush into opening any forex broker, please understand that not all brokers are
geniue , proper research is advised on your choice of broker but I advice you
use only big established brokers to
avoid getting scammed or losing your investment(money).
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REQUIREMENTS
Open forex brokers account : open the site of your
desired broker site and open up an account with them ,the broker is the
platform which currencies are traded.
Fund your account : ofcourse before you can begin a live trade online your account
must be funded ,funded your account can be done various ways like direct
deposit or through credit /debit cards ;sorely depends on your broker.
READ ALSO - How To Make Money Online Complete Guide
Fast reliable internet connection: you will need a fast and
reliable internet connection to be able to trade effectively online , it must
be said you fast and reliable connection to able to take quick actions to make
you profit .
High processor laptop: you also need a high performing laptop to make profits from
forex trading ,it is very necessary for effectiveness and accuracy in
performance of the live market, some of the time the losses people make is
solely caused by low performing computer; I advice you a laptop or computer the
has atleast a dual processor (dualcore)processors up.
And yes ofcourse people are still making a furtune from
forex trading , your profit depends solely on your trading skills and your
capital most people start up with just 100$ not really the best idea but
probably the safest idea but if you want to make substantial profit then you
have to trade with something substantial as well, you can make fortunes from
forex trading.
Good luck trading
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