Forex trading can bring big profits in a short time, so some people feel that this is an opportunity to get rich quickly. However, in the financial market, the Risk:Reward ratio always goes hand in hand. ✔Forex benefits include: - High profit potential: With flexible leverage and the ability to trade 24/5, Forex offers great profit opportunities. - Large market...
Before entering the Forex market, there are a few things to know and carefully consider to ensure safety and effectiveness in trading. Here are some important points: 1 - Understanding the Forex Market: - Learn about the basic information of the Forex market, including how it operates, currency pairs, and factors that influence prices. 2 - Familiarize Yourself...
Does Forex Relate to News? What Types of News Should Be Considered? One of the popular and interesting strategies in the Forex world is trading based on economic news releases. Alongside economic news, there are also news about political events, but we will focus more on economic news. To ensure that your news-based trades are successful and profitable, it is...
The gold - foreign exchange market is a new market, not only in Vietnam but around the world. However, the simplicity and convenience of participating along with the ability to bring huge profits have made this market grow at breakneck speed. However, this is one of the harshest markets in the world. According to worldwide statistics, in the long run only 5% of...
It can be said that the new trading period is a very special period for a trader. This is the stage that will determine whether you are suitable and capable of continuing this job or not. Besides the challenges, in the first year of trading, new traders will learn extremely valuable lessons. If they apply these lessons well, they will progress faster and further...