Kishore M ( Forex ) won a TII status(Technopreneur Investment Incentive Status) from EDB Singapore Government for his Entrepreneurial skills. Currently, he is a member of TiE Silicon Valley world’s leading tech entrepreneurs network and a much in demand speaker for derivatives, cryptocurrency, Forex , entrepreneurship, capital markets, and Alternative Investment.
What is the definition of successful forex trader?
It had been long shot watching YouTube videos and other marketing stuff and Forex Gurus out there. It almost feels like as if everyone in forex is making tons of money. The reality is that only 6-8% traders are successful and consistent. What is your definition of a successful FOREX trader?
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Forex: An over-the-counter market where buyers and sellers conduct foreign exchange transactions. The Forex market is useful because it helps enable trade and transactions between countries, and it also allows an investment opportunity for risk seeking investors who don't mind engaging in speculation. Individuals who trade in the Forex market ... Forex Market Makers Determine the Spread . The forex market differs from the New York Stock Exchange, where trading historically took place in a physical space.The forex market has always been virtual and functions more like the over-the-counter market for smaller stocks, where trades are facilitated by specialists called market makers.The buyer may be in London, and the seller may be in Tokyo. In terms of capitalization, the world’s largest market is the forex. With more than $5 trillion in daily traded volumes, the forex market offers participants a high degree of efficiency due to its robust depth and liquidity. For many traders, the forex is a premier avenue for the pursuit of almost any financial goal. Forex is the largest financial marketplace in the world. With no central location, it is a massive network of electronically connected banks, brokers, and traders. Forex Trading Example. Let’s look at a basic forex trading example before we go over forex trading strategies. Let's say you purchase 100,000 (a standard lot) euros at the EUR/USD exchange rate of 1.5000. This means it costs 1.5 U.S. dollars to purchase 1 euro.
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