This video shows you the main forex trading styles you can choose from and outlines the personal qualities you’ll need to be successful in each style.
There are 4 main categories when it comes to forex trading styles – each is based on how long you hold your trades for:
– Scalpers
– Day Traders
– Swing Traders
– Position Traders
We discuss each of these ‘types of forex traders’, showing you the attributes you need to be successful in each.
It’s important to think about your own personal qualities and the amount of time you can dedicate to trading forex, when choosing your own trading style.
Qualities such as patience, risk tolerance and confidence will determine which trading style you’re best suited to – but remember, you can always test out different trading styles and mix and match to find your own unique style.
This is the second video in a series which teaches you the fundamentals of forex and gives you a solid knowledge foundation about the world of foreign exchange trading.
If you’re interested in trading forex you can head over to the Blueberry Markets website to open you own demo account or live account today: http://bit.ly/TradeTheBlueberryWay Video Rating: / 5
Forex Trading | Making 100K + trading the forex market
ツ HOPE YOU GUYS ENJOY THIS VIDEO!
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⌨ Tell us your opinion in the comments below and what video you want next.
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Note: Always remember to move your stop loss to the entry price and trail your stop loss
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⚠️ DISCLAIMER:
Trading the foreign exchange market carries high risk and may not be suitable for all
investors. Trading on margin and utilizing leverage can carry an even higher level of risk that
can lead to a complete loss of investment funds. Before deciding to trade the foreign
exchange market, you should carefully and diligently consider your personal investment
objectives, level of experience, and risk appetite. Because a possibility exists that you could
potentially sustain significant loss, you should NOT invest or trade any capital that you
cannot afford to lose. It is your responsibility to be aware of and understand all risks
associated with foreign exchange trading, and to seek professional advice from an
independent certified financial advisor if you have any doubts.
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How to Start Forex Trading for Beginners in 2023 | Full Course
Hey y’all…
This is nearly 3 years overdue!
In my time on YouTube, I’ve been asked if I have any organized step by step information for folks who are just beginning their forex trading journey. Now I do.
In this detailed video, you will learn the basics about the forex market, who the players are, how we make money, technical and fundamental analysis.
I’ve sectioned off each chapter so you can focus on where you need help the most.
I hope this info is helpful to you!
Kaci J.
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00:00 Introduction
04:32 Who Trades In the Forex Market
05:41 When Is the Market Open?
06:28 Why Trade Forex?
09:04 How Do We Make Money In the Forex Market?
09:54 What Is a Pip + How Do We Calculate Them?
10:51 What Are Lot Sizes
13:52 Understanding Leverage + Margin
17:00 How Do We Catch Pips In the Forex Market
17:38 Analysis Types
19:18 Understanding How a Currency’s Value Impacts a Pair
21:59 Forex Charting Platforms
23:19 Best Sites for Forex News
24:24 The Anatomy of an Exchange Rate
26:19 Traded Currencies: Major, Minor and Exotic Pairs and Commodities
30:48 Best Times to Trade
32:16 Trading Sessions
33:33 Forex Broker Types
38:09 Order Types
40:40 Outro
Join me as a I take a look at this forex pair and complete a multiple time frame analysis.
I analyze 28 pairs on a pretty consistent basis and choose the pairs that make the most sense for me and my trading style. I mostly look at price action and market structure.
I cover both major and minor pairs. I rarely cover XAUUSD and XAGUSD.
Disclaimer
Legal Notice: The views and opinions expressed on this channel are provided for information purposes only and should not be taken as (a) a solicitation of an offer to buy or sell a currency, (b) an endorsement or recommendation of any particular trading strategy or (c) investment advice.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Video Rating: / 5
In today’s episode we take a look at a commonly asked question.. how much money can you make in forex?
Is it really about how much money can you make, or is focusing on becoming the asset more important when it comes to making money in trading?
We cannot emphasise enough the importance of mindset and processes, and how this ties in to being a profitable trader (see: https://youtu.be/qNZF9KqHUHw).
Join us in this episode as we dive deep into some chart work and key examples. We hope you enjoy!
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FalconFX is a global forex trading community founded by Mark Hutchinson. We focus on providing the most simplistic trading education (a.k.a Falcon FX Strategies)
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? (Free) Training Breaking Down the Falcon FX strategy: https://falconfx.com/freetraining1
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? (Free) Goal Setting Blueprint: http://bit.ly/Goal-Setting-Training
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? Books Recommended by Mark Hutchinson: http://bit.ly/38PzaCU
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?Our Top Recommended Playlists:
⚡Trading Psychology: http://bit.ly/333z9tc
⚡Trading Tips: http://bit.ly/331OiLf
⚡Trading Techniques: http://bit.ly/3cCe3Gt
⚡Student Sit Downs: http://bit.ly/32YG4DP
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“Patience is one of the hardest things for a trader to adopt. The truth is knowing when to stay out the market is just as important. Protect your capital rather than forcing yourself to constantly be in the markets and take trades that don’t fit your plan.”
– Mark Hutchinson
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DISCLAIMER: Any information presented on this channel should not considered professional financial investment advice. The idea and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. #FalconFX #forextrading #fxtrading
