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Answered on 31/12/2023 Learn International Banking & Forex Management +1 Stock Market Trading

What's the best way to learn about Forex Trading?

Sana Begum

My teaching experience 12 years

To learn about Forex trading, start with educational resources like online courses, books, and reputable websites. Practice with demo accounts, stay updated on market news, and consider joining trading communities to gain insights from experienced traders. Developing a solid understanding of fundamental... read more
To learn about Forex trading, start with educational resources like online courses, books, and reputable websites. Practice with demo accounts, stay updated on market news, and consider joining trading communities to gain insights from experienced traders. Developing a solid understanding of fundamental and technical analysis is crucial for success in Forex trading. read less
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Answered on 31/12/2023 Learn International Banking & Forex Management +1 Stock Market Trading

Is forex trading profitable?

Sana Begum

My teaching experience 12 years

To learn about Forex trading, start with educational resources like online courses, books, and reputable websites. Practice with demo accounts, stay updated on market news, and consider joining trading communities to gain insights from experienced traders. Developing a solid understanding of fundamental... read more
To learn about Forex trading, start with educational resources like online courses, books, and reputable websites. Practice with demo accounts, stay updated on market news, and consider joining trading communities to gain insights from experienced traders. Developing a solid understanding of fundamental and technical analysis is crucial for success in Forex trading. read less
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Answered on 31/12/2023 Learn International Banking & Forex Management +1 Stock Market Trading

Is trading Forex really worth it?

Sana Begum

My teaching experience 12 years

Trading Forex can be profitable for some, but it involves risks. Success requires knowledge, discipline, and careful analysis. Many traders experience losses, so it's crucial to approach it with caution and only invest what you can afford to lose.
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Answered on 31/12/2023 Learn International Banking & Forex Management +1 Stock Market Trading

Is forex trading real or a scam?

Sana Begum

My teaching experience 12 years

Forex trading is a real and legitimate financial activity. However, like any investment, it carries risks, and individuals should be cautious and well-informed before participating. Unfortunately, scams can exist in the forex market, so it's crucial to choose reputable brokers and approach trading with... read more
Forex trading is a real and legitimate financial activity. However, like any investment, it carries risks, and individuals should be cautious and well-informed before participating. Unfortunately, scams can exist in the forex market, so it's crucial to choose reputable brokers and approach trading with caution and knowledge. read less
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Answered on 05 Jan Learn International Banking & Forex Management +1 Stock Market Trading

How do I become a successful forex trader?

Sunny Singhal

Discover the hidden treasures of the stock market through expert guidance of real-time trader.

Its a professional journey so it will take lot of time, patience and dedication like other common profession like doctors,lawyers and many more like that. first you have to educate yourself about forex market , trading strategy and risk reward managment and develop a common technical understanding about... read more

Its a professional journey so it will take lot of time, patience and dedication like other common profession like doctors,lawyers and many more like that. first you have to educate yourself about forex market , trading strategy and risk reward managment and develop a common technical understanding about the market and you have to understand the chart behaviour and market expectation under guidance of experienced trader. after creating a well define trading plan you have to practice to test your strategy with demo account . you have to learn from your minor mistakes and keep improving.

 

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Answered on 08 Feb Learn International Banking & Forex Management +1 Stock Market Trading

Is it beneficial to become a forex trader?

Win Pro Trading

100 % Beneficial. Forex Trading Available 27/5 days you can do trading early morning & night also Forex Trading have good leverage concept. Forex brokers are offering leverage 50 - 2000 times
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Answered on 31/12/2023 Learn International Banking & Forex Management +1 Stock Market Trading

Will Forex trading last forever?

Sana Begum

My teaching experience 12 years

Forex trading has been a fundamental part of the global financial system for many years and is likely to continue for the foreseeable future.
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Answered on 06 Feb Learn International Banking & Forex Management +1 Stock Market Trading

What are the best strategies you follow to avoid loss in Forex trading?

Nitish Gupta

Navigating the Bulls and Bears: A Comprehensive Stock Analysis Course

There is not best strategies for trading in any markets, let alone forex markets. The best way is to understand the market structure and plan your trades accordingly. All the strategies are worthless if you dont understand the market structure. If you want to learn more, you can contact me
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Answered on 29/12/2023 Learn International Banking & Forex Management +1 Stock Market Trading

Is internet forex trading legal?

Balaji T S

Professional with 26 years experience in Well Known Corporates and Top Education Institutes.

Forex trading is not illegal, but SEBI and RBI highly regulate it. You can only trade in four currency pairs with the INR as the base or the quote currency. You need a sebi registered broker or dealer to trade.
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Answered on 31/12/2023 Learn International Banking & Forex Management +1 Stock Market Trading

How does forex trading work?

Sana Begum

My teaching experience 12 years

Forex Traders essentially attempt to buy low and sell high for a profit, but the asset they are trading is currency like Rupee, Dollar, Yuan, Yen, Pounds etc.
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