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I’d say that beginners must develop and remember two factors - ‘consistency’ and ‘patience’. As beginners, many traders are initially full of enthusiasm and zeal that they’ll become successful one day and live off their dream. But, after nearly a couple of years, when traders fail to make consistent profits, they eventually start losing interest and give up. What I’d like to advise is that, in order to be profitable in forex trading, being consistent with your strategy and being patient with the market go a long way. It is mentally challenging to develop our strategy and stick to it. Many times the market conditions are not favorable for our strategy, so it is better to refrain from trading in such times. Being patient and waiting for the right time is more profitable than trading in unfavorable market conditions.
Should we trade many pairs or focus on one pair only?
Uzzal Sheikh posted a question in প্রশ্ন ও উত্তরExchange with one set is great and most secure however in the event that the broker has great information and can exchange with multipair, it is better. They can create gain with better as well, so everything is good to go in the event that they can do that, yet one thing we need to note, exchange with multi matches needs additional capacity.
AGEA: Best FX-CFD market maker platform
Uzzal Sheikh posted a topic in পেইমেন্ট মেথডThe world of Forex trade keeps evolving daily, and several platforms claim to be the best in terms of the tools they offer and the charges as well as other benefits that users get. However, one leading Forex platform that one cannot overlook is AGEA, a site that claims to provide a trading platform without requiring deposits from prospective traders to start trading. The company has been in business since 2005 as an experienced FX-CFD market maker. There are several reasons why AGEA stands out from the packs of other Forex trading websites. Some of the essential things you find on the site include: Resources & Guides If you are a newbie trader, you don’t need to worry because AGEA provides all the necessary materials and articles to enable you to have a grasp of the subject. Some of the topics to find here include Introduction to Markets, Trading techniques, and Specifics and Facts. Apart from these, there are also other educational materials available to you, which handle the following: Introduction to Forex, Forex Glossary, Macroeconomics, Central banks and policies, Financial instruments, Types of Technical Indicators, Algorithmic trading, Local Information, and History. Benefits of using AGEA AGEA provides a wide range of services and products which are meant to take care of the needs of individual and financial traders globally. Reasons to make use of the platform include: They are highly experienced They have 24/5 multilingual support, with over 100 languages available globally You do not need to deposit funds before commencing trading AGEA offers $5 for every new account that is verified There is a provision for Islamic trading, with no fees on deposits More than 10 payment methods There are 3 trading platforms to choose from. These include MT4, Streamster, and Webtrader. How to become an AGEA trader It is quite easy to become a trader on the platform. All you need to do is to follow these three simple steps: Register an account Verify your account (in order to get $5 deposit gift) Deposit (via one of those 10 payment methods) Withdrawal fee AGEA has a uniform withdrawal fee of $7 across different platforms such as Bank Wire, Skrill, WebMoney, FasaPay, Perfect Money, Neteller, Qiwi, Credit Card, RBK Money, withdrawal by local banks in Indonesia, Malaysia, Thailand, and Vietnam. Affiliate program AGEA has a mouth watery affiliate program that enables users of the platform to earn extra cash for themselves. You can join their Facebook affiliate page to take advantage of the program. The commission you receive depends on the type of customer you refer to them. Additionally, there is also the Broker program, which allows you to earn more money besides the affiliate program. If you are in a position to offer educational help to newbie traders, this program is for you. AGEA can be the game-changer in the Forex market and help you meet the dream of becoming a big-time income earner. Set up your trading account now. In order to register and giving your career the perfect platform, click here.
News is for Base Currency or Quote Currency?
রায়হান রহমান posted a question in প্রশ্ন ও উত্তরগত কয়েকদিন ধরে USD এর নিউজ এর আগামাথা কিছু বুঝতেেছি না। EUR/USD পেয়ার ট্রেড করি। দেখি যে USD এর নিউজ খারাপ আসছে। কিন্তু EUR/USD আপট্রেন্ড এ। আবার নিউজ ভাল আসলেও পেয়ার আপট্রেন্ড এ। তাই এখন কনফিউশন এ আছি। ধরেন, ডলারের একচুয়াল খারাপ আসল ফোরকাস্ট এর চেয়ে তখন কি ডলার বেস এর পেয়ার ডাউন্ট্রেন্ড এ যাওয়ার কথা নাকি ডলার কৌট এর পেয়ার?