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Emma Smith

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Everything posted by Emma Smith

  1. Hi, I would like to know about NFP in Forex.
  2. Hello, I would like to know about trading indicators.
  3. Hello, thanks for asking! Swing trading comes with a lot of advantages and disadvantages. Advantages are abilities to identify opportunities more easily, and thus use these opportunities in a short period of time, which also enables you to prevent any losses that may incur over a longer period of time, with a clear set of boundaries. Disadvantages of swing trading are that you have to have expertise in technical analysis, and even if you are, markets can prove unreliable and inflict losses on you, therefore a lot of attention and nerves is required.
  4. Hello, thank you for your question! When swing trading, it is important to look for indicators that will specify and point to a good trade. This is done by doing research on markets and keeping a close eye on the market movements. Also, always pay special attention to outside news, especially those of political and economical nature, as they may influence the stock market and this swing trading.
  5. Hello,thanks for asking! In order to swing trade stocks, it is important to understand swing trading. This method of trading means that traders conduct purchase and sale of stocks in a short time period, usually no more than a couple of days. Swing traders try to finesse their skill of capitalizing on the peak value of a certain stock and selling it before that value decreases. This requires constant and meticulous monitoring of stock trends and great skill of prediction. Advantages of swing trading are possibilities to maximize your short term gains. It is also an easier, more versatile, and flexible way of trading than the usual day trading (especially with penny stocks). In order to do it, there is a wide array of analytical tools at your disposal which can help you in achieving maximum profit. On the other hand, it comes with larger risks, takes patience and time, and may lead you to miss out on greater long term opportunities and profits. Another skill that requires time to master is a technical analysis which is a keystone when commencing swing trading. It is helpful to take note and track political and mainstream news that may influence the market indirectly.
  6. Hello, thank you for asking! Tron Crypto is easy to use and cost-effective cryptocurrency. It was founded in 2017 in Singapore by the Tron Foundation. Tron Crypto seeks to eliminate the middleman by creating technology that directly connects the content creators and consumers. The result is that consumers pay a lesser price, and producers can collect their earnings easier, so it is a win-win situation. Tron uses its own cryptocurrency called Tronix (TRX), which is easily exchangeable with other real-world currencies, and other cryptocurrencies such as Bitcoin and Etherum. Its main use is to access and pay for the services offered on the Tron platform. Tron is today one of the largest and fastest-growing cryptocurrencies, with a huge amount of potential.
  7. Hello, I would like to know which Crypto has the biggest potential.
  8. Hello, I would like to know about XRP Crypto.
  9. Hello, thank you for your question! Currencies are the main tool of trade in Forex, and with them being highly susceptible to the outside factors, which may be political or economic. And this can influence their volatility, trade ratio, or liquidity. All of these make Forex trading much more unpredictable and riskier than regular stock trading.
  10. Hi, thanks for your question! Because of the strict and heavy regulations imposed on Forex trading in the U.S., it is a common misconception that Forex trading is in fact, illegal. In other countries, because of the complex Forex structure, it is hard for legal institutions to effectively keep track of trades that take place in Forex, which leads people to think that Forex is some kind of black market or illegal. In some places, it has proven as a nice ground for scammers, which have tricked or scammed several Forex traders, leading people to conclude that Forex is unsupervised, and this leads to the occurrence of scams, but it is not so, in the USA Forex is supervised by Futures Trading Commission (FTC) and, National Futures Association (NFA). These organizations serve as regulators and providers of certification to brokers which wish to operate in Forex, so it is always safer to cooperate with Brokers that have received authorization from these organizations, than with those which haven’t, as they may be scammers. Another thing that may lead people to think that Forex is illegal, is that because of the presence of interest in some segments of Forex, it is restricted and not fully operational in some Islamic countries which adhere to the Sharia Law.
  11. Hi, thanks for asking! This rule refers to the process of trade in the stock market business. It is put in place in order to make sure that all the transactions, whether they are sales or purchases in orderly time, and with this guarantee that both sides remain satisfied, and able to conduct their business in a proper manner.
  12. Hi, thank you for your question! Forex trading is easy. At first, it may seem complicated because of the so many components of it such as charts, numbers, trends, and other parts which at first may seem confusing and unknown, but everybody quickly understands them and gets used to trading in Forex. With over $2 trillion traded daily, it may seem to beginners that Forex is only reserved for filthy rich and big companies, but the truth is that the majority of Forex comprises small and medium traders (the so-called retail traders) which are highly active, conducting multiple trades a day. When starting to trade in Forex, experts advise forgetting all the prejudices and the things you know about trading, currencies, and other things related to Forex. Many young traders have proved more versatile and more open to learning than the “old school” traders, which operate by some older rules. And as such, they are more successful, generate more profit, and respond better to stresses and problems coming from the market.
  13. Hello, thanks for your question! Best currency pairs for trading in Forex are usually combinations between the U.S. dollar and a currency that belongs to another major country (Australia, Great Britain, Canada, or the European Union). They make up most of the currencies traded in Forex, with some other smaller currencies coming up second.
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