How to choose the best strategy for trading in the Forex market?
Every day, a huge number of financial market participants make good profits, but among them there are those who fail. Of course, you will not be able to make a profit out of the blue. For this you need to have a strategy. Today, there are a large variety of trading strategies on Forex. Each of them promises trader profit. They differ in the level of risk (maximum, minimum), the type of analysis used, the tools used, and so on. Each author claims that it is his strategy that is the best. For a beginner in this situation, it is difficult to figure out what to choose. Continue reading
How to choose a platform for forex trading?
Choosing a platform for Forex trading is very important. And this issue must be approached seriously. Of course, you can read reviews about them, ask other players, but the choice is still yours. Before you start using the best platform, you need to make a list where you specify all the characteristics and capabilities of those platforms offered by those who developed them. After analyzing them, you can choose the one that suits you best. On our website Elgreloo.com you can find out which platforms are the most popular among traders and how to choose the right platform. Continue reading
Forex fraud: what to fear
Unfortunately, fraudsters are everywhere. The Forex market in this case is no exception. What is to be feared on the stock exchange? First of all, brokers can deceive you because they have direct access to the market by offering to start trading using their own account. They have several ways to mislead the trader.
Known methods of fraud in the forex market
The first is the so-called. “Tightening quotes.” When opening a quotation in a calm market, different brokers can make up 2-3 points, but in a sharp market the difference may be several dozen points. The most interesting thing is that the broker can freely see what your margin call level is and where you have stop loss. Continue reading
Where is it profitable to invest money? – Forex Investments
Everyone knows that we have capitalism. And the most visible sign of capitalism is the desire of citizens to invest their money and make a profit. A legitimate and understandable desire, only one important question arises: “Where to invest money?”. Some prefer to invest on the Internet, others buy bonds and stocks, and still others make bank deposits. What are the opportunities for profitable investments today?
Investment and investment options. Continue reading
Forex Recommendations: How to choose Forex advisors?
A novice trader always has a question about how to choose a Forex advisor. Today, there are a huge number of Forex trading advisors, but some of them are not worthwhile, as they have many flaws in trading strategies for which they trade or errors in the code. But how can you really find that Forex advisor, with the help of which you can earn good money? Elgreloo.com in this article will tell you about how to choose a Forex advisor, as well as the best Forex trading advisors to date.
What are forex advisors? Continue reading
