Foreign Exchange Trading

FOREX(Foreign Exchange)

In forex trading, you either earn from buying or selling currency pairs or you lose. When you make a forex trade, you sell one currency and buy another. You profit if the currency you buy moves up against the currency you sold.

For example, let's say the exchange rate between the euro and the U.S. dollar is 1.40 to 1. In forex  trading we have the base currency and the code currency, the base currency controls the market movements. For example USDCAD, USD is the base currency and the market is going to buy or sell depending on the strength of or USD against CAD.

The team teaches you forex trading, guides and expose all mistakes made beginner traders. The team gives it,s 3 best students 2000$ start up capital ones you complete training

 

FOREX MENTORSHIP

Mentors handle forex mentorship. The mentor should be an experienced trader with lots of experience. He/she should be able to predict the market properly and take decisive decisions in case of market drawdown or best take profit points.

To start, a good forex mentor should be trading for themselves, instead of employing other traders to trade for them. A good mentor should also be very successful at what they are teaching, and they should be very motivational and inspiring. Just as well, a good mentor should have a focus on risk management. In trading, there are 4 types of trading; scalpers, swing traders, position traders, day traders.

 

TRADING

Normally trading refers to buying and selling goods or services. But here, we are talking of forex trading, crypto trading or stock trading. In the stock-market , "trading" refers to buying and selling stocks rather than making direct stock-for-stock trades, this goes same for forex and crypto.

Floor traders execute trades on the floor of the exchange by finding buyers or sellers for stocks that you wish to trade through your broker. Trading carries a lot of risk and you might either make or lose money during trading. No matter what kind of trading you are doing you to pay proper attention to risk management strategies and imotional management.

Jane Smith

Forex fundamental and technical analyst

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