So, we have been exploring Malaysia’s economy and the subsequent interest in forex market trading that soon followed it. Even though it is not in the first world, it is an emerging economy with plenty of potentials. How forex trading functions in Malaysia Malaysia’s quick, almost meteoric, rise in importance as an economic center is …
Occasionally, it can be quite refreshing to look outside of the usual forex bubble. Why shouldn’t you? The forex market includes all the world’s fiat currencies, after all. The usual spaces can be all the major first world currencies, like the US dollar, the pound, the yen, etc. But emerging markets are also a vital …
We have spent a little time describing how day trading works in the forex market, and how to start with it. We have also explored a little on how day traders help prop up many financial markets. From here, we shall continue by looking at how you should trade in the market. Thus, we will …
Unfortunately for most people, they tend to be rather short-sighted with their day trading. That would not really be surprising. After all, all the most immediate indicators only predict the very newer future. In fact, many traders simply just go with their gut. This is especially true of beginners. Unsurprisingly, we do not recommend this …
We have described what swing trading is and how one participates in it. However, swing trading needs a far deeper understanding of fundamentals. This means understanding the basics underlying assets or companies, how valuable they are to people. So, here, we will look at the how to work with swing trading. Understanding swings The first …
So, you may have a basic idea of what swing trades are, but how do they work? To continue our look into swing trading, we shall examine how you can participate in it. Starting to swing So, when it comes to swing trading, the key concept should be the trend. In short, you want to …
Swing trading is usually a bit of a jump up from day trading. Usually, there are a few things you require. A greater amount of liquidity will save you from the risk such trading puts you in. You also need a different type of trading knowledge, diving further into the fundamentals. So, it is not …
Now that we understand a lot more about the world of forex scams, it’s time to show some real-life examples. Specifically, ones that many forex traders may have heard of. The Dukascopy scam Dukascopy itself is a perfectly legitimate business, that many people interact with. It is an exclusively online Swiss bank, with wide functionality. …
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