Basics of online forex trading

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BASICS OF ONLINE FOREX TRADING


Online forex trading  Online forex trading - buying and selling of currencies of different countries. 

Market order – Buying or selling done at the current market price

 Limit order – Buying or selling done at the particular determined price.  Limit entry order – Buying should be when the market price drop to a particular

determined level or selling should be done when market prices go up.  Stop-loss order – To close a position at a particular determined losing position. 

Stop-entry order – Buying should be done when market price go above a certain level or selling should be done when the market price drop below a particular level.


Take a glance over benefits of online forex trading 24*7 availability

No central Exchange

Leveraging Facility

No office setup or infrastructure required

Trading knowledge by demo accounts


Get ready for online forex trading? A computer with an internet connection

A contact with registered and reliable forex broker company

A strong trading plan to trade forex


For Online Forex Trading start with:  Trading Education  Understand market strategies  Risk management  Reliable broker  Avoid too many trades  Fix start-stop points  Advice from forex experts


Choose reliable broker-Trade with trust Leverage from 1:1 up to 200:1

True institutional FX environment

Fidelis Capital Markets

Min. USD 200 for ECN accounts

Tier-1 Bank Liquidity


Why 95% traders fails online forex trading! Forex trading is a business where only % traders are successful Let us know the reasons of failures!

Lack of market knowledge & price – re quotes by brokers

Absence of trading plan and money management plan

Reasons of failures Unbalanced emotions and trading mindset

Over-leveraging, over-risk and over confidence


Tips for online forex trading  Don’t involve emotions while taking trading decisions  Avoid over-leveraging and over confidence  Focus on quality trading setups  Manage risk-reward ratio  Observe market behaviour and trading strategies  Try demo accounts before live trading  Maintain money management plan  Employ trading habits like discipline, patience, confidence

and perseverance.


Thank You! Online Forex Trading- Sky is the limit for your profits!


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