Topic: forex market

What method of analyzing the forex market is better? Indicator or immune trading system? What to choose?

Re: forex market

When you have five years of work on Forex, then the indicators are not needed to determine the trend or entry point. And the beginning I would advise not to look for too smart indicators. Sufficiently moving averages. For you will make a profit even easier if you start trading with stocks. I advise you to try with DGE stock Make sure it is easy.

3 (edited by fixed 2021-12-07 02:36:03)

Re: forex market

Before starting with forex market you need to find a forex brokerage. Here's some help.

One of the easiest and quickest ways to find a Forex broker is by contacting your local licensing authority. They are responsible for issuing brokers their licenses so that they can be in business. If a prospective broker does not have a license, avoid dealing with them. Avoid the scam artists who pose as brokers and offer fantastic deals that sound too good to be true. Start out cautiously so that you don't get taken advantage of before you get some experience.

Brokers Build Reputations

Good or bad, Forex brokers build reputations that can be uncovered either by doing research online, by word of mouth and by contacting governing authorities to see if any complaints have been lodged. You can also consult other traders to see if they have any recommendations that you can research to find a good broker

Protect Yourself

The Forex broker you decide to deal with should have safeguards in place to protect their clients. You will want to check and see if they are regulated and by whom. In addition, see what kinds of financial protections are in place against fraud and bankruptcy.