Forex Trading Career - The5%ers Proprietary Trading Fund

All About Forex Price Action Trading

Trading Forex doesn't have to be complicated. In fact, it's best to keep things as simple as possible. That's why price action trading was a great fit for me and is becoming more popular every day. This community exists to discuss Forex price action trading to include, price action strategies, key market levels, trade setups or anything else related to price action trading. Feel free to join the conversation!
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Algorithmic Trading

A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Feel free to submit papers/links of things you find interesting.
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02-23 01:16 - 'I was lucky enough to get to know Mr Benson David in my Forex trading career. Since then my trading has increased a lot. What can i say... Benson provided an Unique trading earnings. It is really one of a kind and has it's...' by /u/kath315828 removed from /r/Bitcoin within 295-305min

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I was lucky enough to get to know Mr Benson David in my Forex trading career. Since then my trading has increased a lot. What can i say... Benson provided an Unique trading earnings. It is really one of a kind and has it's own league. But i can confidently say that, Benson trading is the most useful and has really increase my life and family standard. I Invested $1000 and make $10,500 after just seven days of investing with Mr Benson, the money i spent on the course, is a well spent money and a good investment, i never regret it. Good job Sir' I am Benson God will continue to increase you and your family,, you can also invest with him safely. email is [email protected] gmail. com Or WhatsApp +14377030100
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Author: kath315828
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What it Takes to Have a Forex Trading Career?

Foreign exchange currency market is a very volatile market. For new or beginner Bitcoin Revolution 2 Review currency traders who have not attended any foreign exchange trainings, fx courses or technical analysis classes before, it is very easy to lose a lot of money trading in the online forex market!There are many forex training courses being conducted, but you have to beware of those courses that only teach some forex strategies, or provide some forex signals or indicators to the students, but do not really equip these beginners with the necessary knowledge of the core fundamentals to forex trading. The situation is worse if the forex strategies are provided by unauthorized forex brokers.

A good forex course should cover the following:A scientifically proven and tested forex trading strategy. These fx strategies should have more than 60% to 70% winning chances in all the different market conditions. Also, these trading methods should have been back tested for a long period of time, with at least 5-10 years of scientific testing. Not many self-taught currency traders can afford to test their foreign exchange strategies with this approach due to the lack of facilities, expertise and resources.

An effective money or risk management system. Warren Buffet's number 1 rule on investment is "Do not lose your money!" It is very important to preserve your capital. A good forex strategy consists of good money management. Do not risk more than 5% of your capital on any one trade. If a forex trader has a forex strategy with 60-70% chances of winning out of 100 trades in the online currency market, the fx trader will win more and lose less if the same amount of money is traded all the time.Developing the right trading mindset. For adults, it is very difficult to learn through memorizing strategies, because adults learn by participation. In a good forex course, it would help to develop the right trader's mindset by having plenty of activities during the training course to reinforce the principles of trading.

Do not use the slow track method to learn although it is cheap, like listening to CDs, reading books or participating in foreign exchange forums. It could cost you an arm and a leg, if you try to trade and learn through trial and error. The fast track to success is to learn from a successful currency trader who has the passion to help beginner forex traders to trade for living and never work again.Get a good forex training course for a beginner forex trader. Register for free Forex Course in Malaysia worth USD48, and discover the power of forex.For the small investor there is only one way to trade Forex. Learn this simple trading method that works every time.My assumption for the purposes of this writing is that you the reader have at least a general knowledge of Forex and a bit of Forex trading experience. Also you know that Forex is the largest market on the planet, and although one can quickly make a ton of cash; one can also lose everything in less than a flash.

https://healthreviewfactory.com/bitcoin-revolution-2-review/
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Tips to Kick Start Your Forex Trading Career in 2019

Every Forex traders needs certain motivation and proper guidance to take their career to the next level. Here are the top 4 easiest tips to improve your Forex trading at its best. Read more here - https://forextradingsrilanka.wordpress.com/2019/01/23/4-tips-to-kick-start-your-forex-trading-career-in-sri-lanka-2019/
To talk to the expert Forex brokers, visit:- www.westernfx.com
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Successful Forex Trading Career

Successful Forex Trading Career submitted by angelaraby to u/angelaraby [link] [comments]

Start Your Forex Trading Career With NoDeposit Bonus

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Pros and Cons of Selecting a Forex Trading as Career

Everyone can become a Forex trader by involving in Forex, however, choosing the same as a career option makes eyebrow open! There are certain pros and cons with Forex trading as a career option. If you wish to choose Forex as your career, read this before making any decision! - https://forextradingsrilanka.wordpress.com/2018/11/26/pros-and-cons-of-selecting-a-forex-trading-career-in-sri-lanka/
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1 Week Clean Again

Hey
I’m actually back at 1 week clean ... feeling great again ... appetite is back, motivation through the roof, sleeping good although have been waking mid night piss wet through ... looks like my body is pushing the toxins out ... looks like I’m on my way again .... also day 3 no cigarettes....
I’m drinking copious amounts of water and lemon to help speed things up ...
Before when I was high I would watch tv all the time ... now I can’t even stand the thing ... just go straight to bed instead ... weird!
Next steps are to get back in the gym, focusing more on my forex trading career and get a gf now Mary Jane is nowhere to seen lol.
Life’s looking up ... just got to stick with it and not get sidetracked.
Still early days I know
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Tips That Will Be Helpful In Making Change To Your Trading Strategy

In Forex trading, no matter how good your career is growing, there will be a time when you will have to bring a change in your strategy and trading plans. When you have been using a strategy for some time, you can start to drift away from your plan. It can be because of boredom or because your strategies surely need some change. No matter what is the scenario, in this post we will talk about some tips that will be a great tool to help you bring the change and also be able to sustain it.

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1. Be Sure That You Need To Change Things
When you are feeling that you should be changing your strategies, think twice. Figure if it is just a feeling because things are not working fine, or you surely need to do this. You should know that if you are thinking of making a change, you will have to invest time and energy into it and if you are not sure of having this change, we would suggest you postpone the idea for now.
To be sure if your trading strategies need a change, then the first thing you will need to consider the reasons for opting for the change. Let us consider that you want to scale down your Forex positions. This is the change that you want, and now the reasons for it can be, you were risking quite more than you were supposed to, you are trying a new strategy of tighter stop losses. When you keep analysing the reasons you get more understanding and thus you can be sure if the change you are thinking about is necessary or not.

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2. Work On One Change Before Starting With Another
When you are making a change in your trading plan, it takes a lot of energy and time. Moreover, there can be certain uncertainties when you are making a change. This is why it is recommended that a trader should only think of making one change at a time. When you are focusing on just one thing, you can do it more efficiently.
Though, most traders do not follow this and thus end up with a heap of stress and also losses. When you are handling more than one change at a time you will have stress which is bad for your Forex trading career both in the present scenario and the long run.
3. Always Be On Your Toes
When you are taking just one change at a time, things will become easier for you, but that does not mean you should start taking things casually. This is a mistake most new Forex traders do, and it becomes the major reason for failures in the future. When you have successfully made a change in your Forex trading strategies, then it is time to make the best of this successful change. Since the change is also new to you, if you do not practice it, you might even get out of touch and thus not be able to make the best of this new strategy. Getting too happy or casual after one success is not a sign of successful Forex traders. A successful trader never lets the guard down and maintains the dedication and focus.

Hafizzat Personal Yatch
When you are planning a change, make sure to use these 3 tips for sure. These should be a part of your psychology to make the best of them. If you are new to forex trading or it is for the first time when you are planning a change, do consult your mentor. A mentor can always be like a light in the dark and can take you through the most difficult kind of decisions easily. Yes, for genuine guidance you will have to have a good mentor by your side, who is also a pro at Forex trading. If you do not have the right mentor you have a lot of chances of following the wrong path with a blindfold.
To know about the finest Forex trading course click this link here https://www.hafizzatrusli.com/trading-courses/
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Boyfriend (21M) is lazy, does nothing, doesn't even look for jobs which is sending me (21M) and him over the edge slowly.

Hi all.
This is the 4th time I've tried to write this, and I $ you not, I've been writing for the last hour.
So I work full time, earning approx. £24k per year which is a bit over minimum wage.
My boyfriend used to have a job in another area around 100 miles away when he lived back at home however when we moved in together 5 months into the relationship he came with me.
3 month after moving in, he got a job at a local supermarket working 16hrs per week and said it's not somewhere he wants to stay forever, and it was okay for the start as he was getting plenty of overtime. Eventually he wanted to be working full time somewhere.
He has dreams and ambitions of having his own business, like a tattoo parlour, or a pub, or something like that. He has plans to travel the world and wants to do this all with me.
He does want to go to Uni, and for this he needs to resit a few of his exams which he keeps mentioning he wants to do.
Issue is, that around Feb/March 2019 he had to leave his job on medical grounds (couldn't lift heavy items anymore and this was his job).
Since then I started helping him apply for new jobs, at first he got a few interviews (video, phone and in person). The video interview he never did saying that the camera inverts the way he looks so he doesn't want to do it, the phone interviews he did all of them however he missed some as he slept through the day to stay up at night watching GoT etc., he had some in person interviews as well of which he went to one, and was unsuccessful, and since then hasn't been to one. He's had invites for a few more since but still hasn't gone to any.
I have even resorted asking my managers to put in a good work to recruitment to get him working where I am.
He really does want a full time sustainable job and is avoiding jobs such as cleaning, takeaways (McDonalds, KFC etc) which is fair enough, I don't have an issue with that.
When I say I helped him apply for jobs, I mean that I was doing all the applying for him, again which did not bother me at all at first.
It's not been 6 months going on 7 since he was unemployed. As mentioned I get around £24k per year which does leave us really short after bills, repayments on a few of my debts, food etc. is paid for. We're living from payday to payday and one month's wage will only last us 4 weeks, so the 5 week months we have to go a few days pretty much without food and rely on leftovers.
We agreed from day one of moving in to split the bills, which we initially did whilst he was working in the supermarket however eventually when things got difficult and he was stuck doing his part time contracted hours I told him I'd cover all the bills - again - didn't bother me. I see it as our money, not my money his money type of thing.
I am fortunate however that recently my parents have been paying for my shopping and also giving me some homemade food, so that's a monthly expense saved however most of that goes to the bills that I fell into arrears with (i.e. I'm in arrears with gas, electric, water, council tax, his phone bill is in arrears which I'm paying off). After all bills go out, we're left with pretty much £50-£80 emergency money (depending if TV license is due etc).
So, I'm fortunate that I'm able to keep the house afloat with the help of my parents for the nutritional aspect. The only thing food-wise I pay for is dog food as I don't want my parents to be feeding my dogs (makes me feel like a bit of a failure lol). As long as my dogs and my boyfriend are eating, I'm happy.
There's been days where we've been short on food with a day to go until the weekly shopping with my parents, I've lied to my boyfriend and said I've already eaten at work as there was a free buffet on (which work never have), just so he has the last bit of food as if I said to him I was hungry he would never agree to eat it.
Going back to the topic, it's been now 7 months since he's been unemployed. Total jobs applied for are around 100 (even though I was trying to aim for 5 jobs per day for me to apply for him, we all know that's hard whilst working full time as well).
He complains that I'm tired and want to sleep all the time, he complains that we never do anything fun, he stays up all night watching TV and playing video games whilst I'm asleep alone in bed (I don't think I've slept with him in the same bed for a few months now) with one of the dogs whilst he tends to the other.
He wants to be successful but I feel like he's honestly not doing anything about it? A few months ago I put my foot down and said that I'm not going to be helping him anymore as all the jobs I apply for there is some type of problem, and it won't feel the same because it's me doing it and not him so he won't even know what job it is if they ring him back! I told him to try and aim for 5 jobs per day. This was around 2-3 months ago I think. Since I told him this, he's probably applied for around 15-20 jobs in total (I'm thinking more around 10). When I ask him how the job hunt is going he gets defensive, saying that I'm putting him under a lot of pressure that he needs to find a job and he doesn't want any pressure.
I'm starting to think he's not the hard-working individual he proclaimed to be at the start of the relationship.
My week generally consists of waking up around 5am daily, studying the financial markets (search on Google for Forex) until around 7am. Then I start work between 8am-12pm and finish between 4pm-8pm depending on the shift I'm on (it's 7 hour shifts). After I get home, I do tend to carry on studying, reading books, researching on the financial markets as this is what I aspire to be in the future (a full time private currency trader).
He knows all this and sees me working all the time and he says that I work hard and he's proud of me however it makes me feel selfish, and guilty in fact, that I don't feel the same back to him? I've told him even if he volunteered somewhere that's a start as at least he wouldn't be home all day.
He suffers with some mental health issues and so do I in fact. Mine are financially related, struggling to provide for my own household sends me under. We used to have a car and went for daily adventures when things were good. We both miss this.
I miss him.
Again... I'm going off of topic!!! Let's get back to the job situation. He had one response from a job application around a week ago that gave him an in person interview after a successful telephone interview however they withdrew the a few days before his in person interview. I told him not to worry and that there was going to plenty more, he didn't sound too bothered by it but I do think he was upset as he liked the sound of the job.
I want him to get a job and I sometimes feel like grabbing his head and shaking it to put it right lol! I don't want him to feel under pressure but at the same time I want him to understand that he needs to find one as we're relying on other people for essentials at the minute. He wants a good life and I want to be able to start saving money so I can start my Forex trading career as well eventually.
That's the money side of things.
The other side of things is the emotional side. He's deteriorating emotionally and he won't accept this. He's losing the plot and I've told him this. He'll go angry over the smallest things. For example if I was to accidentally slam the door shut (i.e. put more force onto it when not needed because I'm thinking the window is shut when it's open) he'll comment on it. He never used to do this. Same door, same window. He won't leave the house for weeks at times. I have to force him to sometimes. When he wants something (i.e. a snack or a soft-drink) he'll ask me to go across the road (literally 10 steps away) to get it. Leaving it my choice to decide what he eats and drinks. When I tell him he should go and get some fresh air at the same time, he doesn't want to as he's not confident in his own body (he tans, and I've told him not to put as much on whilst we can't afford to buy new ones whenever he needs it, more-so when we can). He'll get a bit annoyed over small things like the pillow on the sofa not being in the right place after I've sat on it and just got off - or if I was in a rush in the morning and left the ironing board out, or had not done the bed up or accidentally left the foot towel on the floor without moving it onto the radiator after I've had a shower. He'll wake up around 4-5-6pm, and then complain that I don't see him or speak to him when I get home and go back to studying and reading what I am doing, even though I'm sat right next to him. I tend to try and sleep as late as I can so I can at least get some time with him even if it's 30-45 mins. Sometimes this is as late as 1:30am, of which you can understand if I wake up at 5am including weekends I'm getting lack of sleep, but I'm used to it so it doesn't bother me really.
All I want is for him to be happy, and for him not to go insane. Even right now, the last time he left the house was.... I can't remember. Perhaps weekend before last weekend when he walked the dog (which I had to practically force him to do).
Props to him he does do most of the housework. He hoovers the most, does the dishes the most, does the washing up the most, lets the dogs out to the toilet the most. I do the money-making, feeding the dogs, the cooking and the ironing. But these aren't limited, we can swap or one of us can do it all one time at the agreement the other will do it all or whatever surplus there was next time.
He's getting settled for this life, a life that we're both not used to but he's settling for it. And I don't want him to. It's killing him on the inside.
I've even tried to explain that if we ever have an unexpected bill, god forbid, how will we afford it? I've sold everything in the house that I could possibly sell to make some extra money. We've literally got a TV, sofa, Xbox, bed, kitchen appliances and two laptops (one that I do my studies one and the other that used to be my brother's that he [boyfriend] uses to play games and watch Netflix - doesn't use to apply for jobs as doesn't have Word on it for CV which is fair enough). I leave my laptop at home all day and have everything logged on for him overnight so he can apply for jobs either whilst he's awake whilst I'm asleep or whilst I'm at work.
So my question/advice is... how should I motivate him to apply for jobs, how should I go about it whilst keeping into account everything that he doesn't want to feel (under pressure etc.)? How do I explain to him that it will actually give us a better life that we're both used to? How can I explain to him that without him having a job, all of our plans, our ambitions, our goals, our travelling will never happen?
Please, if anything else needs explaining or I've not covered anything do not hesitate to ask. I do not take offence to anything whatsoever.
Thank you guys in advance, I hope some ideas can come to light for myself and anyone else in my situation.
Best regards,
X
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Position Trading Strategy - For Beginners

Position Trading Strategy - For Beginners
https://preview.redd.it/pfb21ljo2ec31.jpg?width=5000&format=pjpg&auto=webp&s=152ca0d1be72a8de489611cf630cc94cb55b1b13
Traders often bloat with misconceptions as of which strategy would be the ideal one to trade with. The answer is, there is no ideal strategy. Strategies are what we traders build by ourselves to trade. Position trading is one such strategy like day trading which is being widely used by people all over the world. For those who are unfamiliar about position trading, let’s buckle up and get committed to learning some important position trading strategies.

THE BASICS - WHAT IS POSITION TRADING?

Position Trading is usually where a trader enters into a position, holds his instrument until he figures out the right time to sell it. The trade duration may last from several weeks to months, and sometimes, even years. A position trader’s greatest attribute is his patience which helps him stand against the market odds and gain profits.

CHOOSE THE RIGHT INSTRUMENT:-

Since you are about to enter into a position, choose the right instrument to stay on track. Before investing, get to know about the history of the instrument with the help of long-term charts, economic factors and predict where the price would reach after a certain period of time. If you think it might work, you can go ahead with the chosen instrument. It is important that you are strong in your position trading techniques and understand how to position trading works.

KNOW WHEN TO BUY OR SELL SHORT:-

Before entering into a position, make sure you do a thorough groundwork, a repeated number of times. Your chances of becoming a successful position trader will likely be higher if you have a good sense of foresight which can be acquired by updating yourself with the market news. Predicting the markets and trading with knowledgeable guesses will help you gain profits.

SET A STOP LOSS - THE LIFELINE TO YOUR TRADING CAREER:-

Certain economic, political factors and events could create a peak difference in the price of the instrument and the aftermath would be either pleasant or unpleasant. But, to be on the safer side, it is always better to set a stop loss to your deal. Stop-loss is a feature beyond which your deal doesn’t progress. When the specified target price is reached, the order gets executed minimizing your losses and acts a shield to your career.

GOOD ‘TIL CANCELLED (GTC):-

Position trading requires less effort when compared to other trading strategies. Once you enter into a position, you wait till the instrument reaches the expected price and execute the trade. But monitoring the price fluctuations continuously could be a tiring process. GTC helps you fix the desired price and automatically executes the trade once the target has been reached thus making the overall trading process more comfortable. Manual execution can also be done if you are satisfied with the current price of the instrument.

RISKS INVOLVED IN POSITION TRADING:-

Minor fluctuations that occur in the price of the instrument does not create sensations among position traders. But what if a trend reversal occurs and the market goes against you? Though stop loss if implemented would minimize the losses, it could be a disheartening event for a position trader. Good knowledge and a well-predicted trade deal would avoid all mishaps and losses.
Position trading strategy, one of the best trading strategy can help you earn profits amidst the wild volatile market. Using proper risk management factors and going with the market trends can help you survive in the market.
Forex trading has been in existence for a long period of time and there are a lot of myths and facts doing the rounds in the market. It is up to you to suit yourself, take what is needed and build yourself a successful forex trading career!. Try our forex demo account for free.
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Deciding if I should pursue a career in forex trading (as a 15 year old)

Hey everyone, I’m a teenager living in the uk and in the past 9 months or so I’ve been trying to decide what I want to do once I leave school. Long story short I have lots of interests but my ultimate goal in life is to travel the world and gain ‘financial freedom’. I know this sounds very typical of a teenager which has been exposed to gurus or whatever but I want some opinions off some professional or experienced traders not these gurus trying to sell me something. I would just like to know if forex trading is a career where you can be very successful and I will start learning as soon as I can, I’ve learnt all the basics but I want to keep learning more about it so I’m ready to trade real money when I’m 18. I really hope I don’t come across as just some idiot who thinks it’s a get rich quick scheme because I certainly know it’s not. I would really appreciate any advice and comments if anyone sees this, Thank you
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Forex Trading Platform - Online Trading Strategy

Forex Trading Platform - Online Trading Strategy
Forex Trading Platform - Online Trading Strategy
Check Out The Infographic Version Of This Article: learn the forex trading platform that can bring success to your online trading strategyOnline Forex trading has now become the most lucrative way to earn money around the world for both the traders and the brokers. Finance brokerages are trying every possible way to pull in customers and convert them as their loyal clients. While it is crystal clear that an online trading platform is a must to aloft your forex trading career, it is more important to choose the best trading platform among the thousands that are available online. Get to know how a trading platform performs and learn about forex trading that can bring success to your online trading strategy.
  • REAL-TIME DATA:-If your trading platform is not able to relay you the live market prices, it would be like a graph and chart displaying screen leading you to the darkest edges of trading losses. Real-time data becomes the key factor in trading and plays a crucial role in influencing your trading decisions.
  • USER-FRIENDLY INTERFACE:-You should feel comfortable enough to execute trades, understand what the platform is all about and be familiar with all the functions and features in the platform. It should deliver you a smooth experience and allow you to trade with less hassle and perplexity.
  • CHARTS AND TECHNICAL INDICATORS - THE MORE IN NUMBER, HIGHER THE COMPLEXITY:-You might have observed that some trading platforms have an endless number of charts and technical indicators. Being a trader, the more you get exposed to a wide number of charts and indicators, higher are the chances you tend to forget what you have already learned. A trading platform which has minimal but the most important charts and indicators are more reliable.
  • THE ABILITY TO TRADE ANYWHERE AND EVERYWHERE:-You cannot afford to miss opportunities when the market conditions are favourable. You must have access to your trading account irrespective of the place you are in i.e. your trading platform should be compatible with different devices either it is Android, iOS or desktop.
  • A BRIEF HISTORY OF YOUR TRADING:-Looking back always helps you to learn more and be the better version of you. The feature of analyzing your trading history can give you tons of added advantage and enlightenment when you want to improve your online trading strategy.

THE KEY TO YOUR TRADING SUCCESS WITH AX1 PLATFORM…

AX1 Trading Platforms is one of the most successful trading platform used worldwide by financial brokerages and traders. Being unique in its class, find out how AX1 trading platform could help you become a successful trader:
  • Real-time data is the most important factor in online forex trading, AX1 trading platform gets you accurate forex quotes at every instance without fail thus helping you maximize your gains.
  • A customer-centric and user-friendly design makes it stand above in its class. The elegant design makes you feel comfortable every time you use it. Experience a smooth and flawless trading platform.
  • AX1 platform offers you the charts and indicators which are easy to understand and trade with. Looking into and referring too many charts will not only confuse you but will also disrupt your trading career.
  • AX1 platforms are available in Android, iOS, Windows and MacOS allowing you to trade 24/7 without any interruptions.
  • It is important to stay on track by analyzing your previous wins and losses. With AX1 platforms you get detailed information of how your previous trades have ended up providing you with enough information and support for your futures trading.
To be a long-term successful trader, you must have the grit and perseverance along with the ability to make smart trading decisions. One such decision is choosing the platform you are going to trade with. To be successful, you have to go for the best.
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Tips that Will Help You to Learn Forex Trading Better in 2019

Foreign exchange, known as Forex trading to the masses, is one of the most profitable trading domains today. Being an extremely liquid market, traders flock to it driven by the want to make big profits. This incredibly profitable nature comes paired with risks of its own. Currency exchange markets can be overwhelming even to experienced traders that are the nature it has! Despite of this, several thousands of traders enter Forex markets, but not all make good money. Some see profits, some see losses.
Know the complete details here - https://forextradingsrilanka.wordpress.com/2019/04/17/how-to-enjoy-a-profitable-and-consistent-forex-trading-caree
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5 Forex Trading Tips That Help You Trade Better

5 Forex Trading Tips That Help You Trade Better
5 Forex Trading Tips That Help You Trade Better
As a beginner, it is quite easy that you get baffled or confused with the deluge of information the Internet has to offer you regarding trading. You need to have a solid understanding of the basics of trading so that you are wise enough to differentiate between what would work and what would not. Once when you are able to execute a few successful trades in foreign exchange trading, try to step up your game. Here are 5 out of the box tips that could help you trade better.

1. LOOK OUT FOR NEWS & EVENTS:

Big market moves revolve around the news and events that happen across the world. You can expect some significant changes and price fluctuations in the market. It is definitely the best time to trade. All you have to do is trade the news and open a position.

2. DO NOT BE TOO SMART:

Do not waste your resources and energy by indulging in too much of research that dates back to years and years. So, try not to go behind the market and act too smart. Try to go with the flow of the market and rely on recent statistics and data.

3. DO NOT BE OVER-CAUTIOUS:

Placing tight stop losses is a sign of bad trading practice. You should know that price fluctuations are constant in the market and every time the price goes down a little, it would trigger the stop loss and you lose a small amount of your deposit every single time. You have to give your position a fair chance and wait for the results. So, fix a reasonable stop loss and analyze well before entering a position.

4. DO NOT TRADE FOR THE WRONG REASONS:

Forex Trading is a serious business and not a child’s play. You could end up losing all your investment if you consider trading like a walk in the park. Trade only if you are determined to become a successful trader and you are strong enough to face the losses in the transition process.

5. NEVER BACK OFF:

It is well understood that as a trader, you will enter a position only after doing a considerable amount of background work. So what if the market works against you and goes to the point where your stop loss is almost triggered? If you have managed to do quality research work, chances are high that it would end up as a successful trade. So just wait for it to happen and never back down.Forex trading has been in existence for a long period of time and there are a lot of myths and facts doing the rounds in the market. It is up to you to suit yourself, take what is needed and build yourself a successful forex trading career!
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Would you take up forex trading as a career?

Would you take up forex trading as a career? submitted by Wakenya254 to OnlyKenyan [link] [comments]

PSA: Scam Alert! Gi2c aka Laowai Career Center is huge scam operation that cheated me and others and they delete all the complaints from the internet and Facebook!

I found this and the Abroad review links 2 years too late! Maybe this is worth a read; https://eslwatch.info/en/eslwatch-forum/china/756-old-russian-gi2c-scam-artist-is-back-laowai-career-center-new-china-job-scam.html. If you sent them a "refundable" deposit, just try to get it back NOW before they shut down or change their name again.
They screwed me under the Gi2c flag 2 years ago. They conned me into quitting my $48K job in Fresno to come make "real money" in China with a public Forex trading company where after I completed an internship, I would earn six figures. They sent me a photo from Global Times newspaper of their 2 dozen interns already earning 6 figures with that company. But after I spent a small fortune moving and settling in Beijing where apartments are $1,500 a month and foreigners have to pay 3 months in advance, I arrived with a positive attitude to begin my new Forex trading career and am slammed on my second day in China with the news that "cooperation with that employer ended two days before your arrival". Instead of calling me to tell me that news they deliberately waited for me to come to China because they knew I would have demanded a refund!
The GF of the Russian owner then told me she would get me in with another "big finance company but it would take a week or so". Two weeks later I am told I should teach English, until they can find me a more suitable job. I guess I believed them because I wanted to. Just like I believed all the reviews and testimonials they showed me. So I agreed to teach English for "no more than 90 days" for $800 a month which did not even cover my living expenses. I then found a better job on my own that paid six times the money, but the Russian owner Yuri told me "I'll pull your visa if you don't finish your teaching contract". I sent him to hell and three days later the China PSB security police came to my apartment and asked to see my passport. Thinking I did nothing wrong I showed it to them and they asked me where I worked. I gave them the name of my new employer and they arrested me saying I was working illegally on an F visa, the one Gi2c arranged for me. I tried to call Yuri while I was being booked at the cop shop but he answered and told me "Sorry smart ass but you have the wrong number!" I then tried to call him back but he had blocked my number.
I spent 32 days in a Chinese jail eating cold rice and noodles every day along with "cha" (tea) before I was allowed to pay my fine and go home to Fresno.
For almost two years I was too embarrassed to tell this story because I was so fucking dumb to fall into the Gi2C well. Now I see they changed their name to Laowai Career Center. When I got scammed a black guy named Chris D.was the Customer Service rep who was the only one who had any empathy for my situation but he said Yuri instructed him not to give any refund to me "unless he shows up with CCTV news crew".
They operate via Skype, We Chat, Facebook, Just Landed and use a shit load of Google Adwords. They got me from an ad at TheBeijinger.com. Don't be fooled people. They are very good at what they do - scamming foreigners who have never been to China before. There is a bunch of stuff about them at scam.com, abroad reviews.com, here http://www.scamorg.com/laowai-career-center-beijing-amp-hangzhou-china-job-scam-a8, here http://www.scamorg.com/getin2china-group-81 and this latest one http://www.opnlttr.com/letteif-laowai-career-center-not-china-job-scam-they-should-answer-these-15-simple-questions. Just aske them those questions and see for yourself. And if you look at the dates on everything you will see they have been doing this fraud a loooooong time and get away with it bu changing their names every year or two.
submitted by Passenger29 to internships [link] [comments]

Tips for Forex Trading Beginners to Make Good Profits in 2019

Here are the top Forex trading tips you can avail in Reddit to make good profits as early in your Forex trading career. Read the complete forex trading beginners tips here.
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XtreamForex 100% Credit Bonus

XtreamForex 100% Credit Bonus
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Would you take up forex trading as a career?

Would you take up forex trading as a career? submitted by Wakenya254 to KenyaNews [link] [comments]

Tips to Start Forex Trading from Home

If you are interested in starting your Forex trading career from home, then make the most of the following post to learn how to do it at its best. Experts opinion on how to start a Forex trading career from home. Here it is - https://forextradingsrilanka.wordpress.com/2018/12/26/10-effective-tips-for-forex-trading-from-home-in-sri-lanka/
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How To Get Started In Forex Trading

The following blog has an complete overview of how you can start your forex trading career in Sri Lanka with the help of WesternFx. Read it completely and start making profits. http://tradinginsrilanka.blogspot.com/2018/09/3-tips-to-start-your-forex-trading.html
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Build A Career In Forex Trading- Learn Fundamental Analysis Udemy

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