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/r/Forex Trading Community
Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
Brett Ingram & Mo Latif's Animaytor Reloaded Business animation studio launch JVZoo affiliate program JV invite, Tradeology's 3-Day Forex Challenge launch, Jeff Walker's Product Launch Formula Fall 2020 pre-launch, and More
Brett Ingram & Mo Latif's Animaytor Reloaded Business animation studio launch JVZoo affiliate program JV invite, Tradeology's 3-Day Forex Challenge launch, Jeff Walker's Product Launch Formula Fall 2020 pre-launch, and More @JVNotifyPro
Forex trading is a huge market that started in the 1970s. Trillions are traded in foreign exchange on a daily basis. Whether you are an experienced trader or an absolute beginner to online forex trading, finding the best forex broker and a profitable forex day trading strategy or system is complex. So learn the fundamentals before choosing the best path for you. Forex is the foreign exchange market, traded 24 hours a day, 5 days a week by banks, institutions, and individual traders. Learn more about the world’s most traded market with a turnover of $5.1* trillion per day. In the U.S., forex brokers provide leverage up to 50:1 on major currency pairs. For this example, assume the trader is using 30:1 leverage, as usually that is more than enough leverage for forex day traders. Since the trader has $5,000, and leverage is 30:1, the trader is able to take positions worth up to $150,000. Founded in 2000 in NY, Day Forex has helped thousands of people move millions of dollars in foreign currency around the globe and established itself as a major participant in the foreign exchange market, serving both private individuals and businesses trading internationally. The 50 pips a day forex strategy isn't a strategy for everyone, but it's worth a try if you want to start with money markets and make a profit of 5 to 10 pips per trade. Try doing a small calculation, with 1 standard lot, the average value of a pip is about $10. Thus, for every 5 pips of profit, the scalper can make $50 at a time.
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