The same principle applies to travel as well. It looks like you are using an older version of Internet Explorer. For the best experience on the web, please update your browser or install Google Chrome Frame.
Jump Start Your Trading Performance with the Forex4U Strategy Guide
It is also of utmost importance that the forex trader choose a reputable broker, which means that they must take the time needed to research different brokers. The trader must know the policies of their broker and what type of financial instruments and tools they offer.
For example, a broker who offers exchange-driven market prices is different than one involved in the spot market or over-the-counter trading. To successfully trade forex, like any other financial investment, it is important for the trader to avoid being overzealous or overly cautious. Instead, take calculated risks. Whenever the market does not move as the trader expects, they should be patient.
However, when a potentially profitable trade presents itself, decisive action should be taken. By following these steps and continuously practicing, the trader can become more refined as well as more confident in their financial decisions. Home Forex Akademie Forex Trading.
Forex Trading This article introduces the basic concepts of forex trading, how it works and how you can get started. Trade within your budget only. The forex market offers many profitable trading opportunities 24 hours-a-day.
Learn more about the different currency pairs before trading. Be sure to partner with a reputable and reliable broker. Take the time to practice your trading strategies on a demo trading account. After getting a clear picture of how the forex market works, you will be ready to begin trading.
Introduction to Forex Trading Simply put, the foreign exchange market involves one currency being traded for another. Define your Forex Trading Goals and Style When venturing into the world of forex trading, it is essential to be aware of what it is that you would like to achieve. Getting Started To successfully trade forex, like any other financial investment, it is important for the trader to avoid being overzealous or overly cautious.
If the market falls to your trailing stop level, the trailing stop will be triggered and trade closed. Please contact your Trading Representative or our Customer Service if you require any assistance. It looks like you are using an older version of Internet Explorer. Using an outdated browser makes your computer unsafe. For the best experience on the web, please update your browser or install Google Chrome Frame.
Maybank Kim Eng Singapore. Enjoy a superior trading experience with seamless connectivity to the global marketplace. What are the Trading Tools Available? What are the System Requirements to Get Started? What are the Risk Management Tools Available? In this example, profit on this trade would be 20 pips 1.
In this example, loss on this trade would be 40 pips 1. What are the electronic trading risks that I need to take note of? Live Prices The speed and quality of your internet connection will affect the performance and accuracy of live prices on our online trading platforms and mobile trading applications. Broadband internet connection is recommended for online trading.
Password Always keep your internet trading password confidential and change it regularly. Virus, Spywares and Adwares Always install the latest anti-virus software and spyware programs on your computer or mobile. Regularly scan your computer or mobile to quarantine and delete any Virus, Spyware or Adware that may be present. Avoid downloading programs and email attachments from suspicious unknown sources. Phishing Phishing is an act of acquiring sensitive information such as usernames, passwords and credit card details, by masquerading as a trustworthy entity in an electronic communication.
It is typically carried out by email or instant messaging, and often directs users to enter details at a website.