So what exactly is forex Trading ?
Forex is short word for foreign exchange and it’s the largest financial market in the world, a 6.6 trillion a day industry. It’s a place where you can buy and sell currencies from all around the world. And it’s open 24 hours a day, five days a week. When you actually travel to a foreign country and exchange your currency for theirs, when you participate in it manually. You buy their currency and you sell yours. And we see these exchange office offices everywhere, and our money actually already circulates in that market, because what the banks do is they take our money and invest it into the forex market, making huge profits but we don’t actually benefit from those profits. And ask yourself in the past five to ten years how much money have you made on the money in your account? Probably very little to nothing, because nobody teaches us how to actually capitalize on it. And we’re going to tell you how it works and how you can make it work for you.
Is Forex Difficult to do ?
Forex trading is actually not as complicated as you think it is. There’s three major movements in the market: the market goes up, down and sideways, and you buy the currency when it’s low and you sell when the price goes up, and that’s how you make your profit. And you’re gonna learn when to buy, when to sell and what influences the market. And the crazy part is you learn how to make money from your smartphone, so no matter where you are in the world you can learn how to make money! And a joke we have in our community is “if your smartphone (Android or iPhone) is not making you any money you have a dumb phone”, because there’s so much technology available that you should learn how to use. And I think that today more than ever it’s important to learn a skillset and not only depend on one source of income.
The forex market is open to everyone. You don’t need experience, you don’t need a certain degree or a lot of money. And actually when I got started I never heard about forex. I heard forex and I thought for who, for your ex? And I was broke and unexperienced when I started. I was never a good student, I struggled my way through school, that’s probably as well because I was spending more time at the bar than in school, but I love this academy because they explain everything so simple and anyone can learn this but it requires coachability, it requires a hunger for more and commitment. And the biggest difference actually between people that are doing it and people that don’t do it is education. Because before before I got started I thought it was only accessible to people that had certain degrees, people that came from certain backgrounds, but this academy is actually accessible to anyone who is willing to learn. Me personally I never thought it was possible for me I thought I was too dumb, I thought I didn’t have the right resources. But if I can do it you can do it too, and you’re not by yourself. We’ll guide you through the process, so join the webinar to discover how you can learn the skill that pays your bills. See you there! The Forex market is the biggest in the world. It has advantages when compared to the stock market, commodities, options, and bonds.
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What is the best time to trade forex ?
First of all, the Forex market is open 24 hours a day from Monday to Friday. There is a little bit of trading on Sunday evening, but you can only access it via a few brokers and some paid platforms. And it isn’t worth trading on Sunday. In addition, the Forex market gives us vast possibilities. We can access it from our computer at home using online trading platforms, we can participate with small amounts of capital, and we can even practice for free using virtual accounts. Moreover, we can trade many different currency pairs and achieve significant risk diversification. In other words, we can choose between many assets or we can trade a few at the same time. So we don’t put all of the risk on just a single one.
The other method to diversify our risk is by trading one asset but using different strategies. This is what we will show you in this course. And since it is very difficult to trade many strategies manually, we use Robots. And trading with Robots has more advantages. We don’t need to be in front of the computer to follow the market and execute the trades manually. Once the Robots have been placed on our platform, they do all the trading for us. In addition, when trading with Robots, we can trade not only many strategies, but we can also trade 24 hours a day. This is not possible when trading manually. And last but not least, when using Robots, we have a backtest for the strategies so that we can see many statistics and we can analyze the past performance of the strategies. This is why algorithmic trading is the preferred trading method of most professional traders. And the truth is that we live in the 21st century when global trading happens with algorithms. So if you want to be profitable, you need to stay up to date with the latest technology and to learn more and more about it. The good news is that in this basic algorithmic trading course, we have made it easy for you. We will provide you with ready-to-use Robots for algo trading and we will teach you how to use them.