- Top 7 Richest Forex Traders In Nigeria And Their Net Worth
- Why Forex trading is becoming popular in Nigeria
- Top 5 richest forex trading Millionaires in South Africa
- GPS Failed
In conclusion, the important thing to keep in mind when trying to make money by trading Forex is to focus on strategies which are shown to work reliably over time. Rather than searching for a fast solution to make money trading Forex, go with strategies that are low risk and more likely to win big in a long run. Have confident, patient and be profitable! Sign me up for the newsletter! Are you among those searching for Nigerian Forex Millionaires online?
Related Posts. One Response.
Mike March 17, Thanks for tips. U can ask for account history, I ll link u with the Malaysian guy that I bought it from so he will help u as well, i stumble on the guy while searching for forex gurus all over the net and believe me honestly, i thank God. This system makes you loose less than 5 trades out of over over 30 trades, therefore turning u a winner. We use the skype to trade together. He will ask your broker, and the account number u want to use it on and send u a license copy. No cheating,as mig will be the one to share your profit the end of each month.
And I told u, there are months when he makes over pips. How many people can do that? Absolutely few! I will like to get to know you better. The most difficult part in Forex is finding a good, reliable, useful Forex trading software. Can anyone suggest me with a Forex trading platform which is popular and is widely used by Forex traders around the world.
So far have looked at FXCM. I have been using the the demo account with FXCM. Seems pretty good the only bad thing about it is. It always asks you to confirm your order.
Top 7 Richest Forex Traders In Nigeria And Their Net Worth
Forex is like the human body, It functions as one whole, yet every part works day and night to maintain the balance. Imagine trying hard to predict whether you will be sick on not anytime soon. Thats what speculation in forex is about. When you exercise your body, eat well, keep clean, the probability of you falling sick is low.
So in a nutshell, catch the trends, eat the charts, digest the news and economics data and watch your forex health get better. NB It take patience too.
Why Forex trading is becoming popular in Nigeria
Hello, People should understand that forex trade is not an event but a process that take sometime to practice,trade and perfected with time. Forex trade can make you rich but not the way some lose heads are making it to sound. There are more to that than what you see or hear from them. I would say that forex is a wonderful biz you can do part time or full time but you need to be trained first,then practice it before you embark on the real thing and time.
Above all you need to know more about, how the world economy works and what makes them react the way they do and also what make them tick and you need to know how financial markets and exchange works around the world. I appreciate what everyone is saying here. The contribution so far has been gr8. Thanks to all that have been contributing here. Bunmifx, we are already together, expecting more in the future. The forex market had been very challenging for the pass two weeks as a result of uncertainty in the financial sector couple with these bailout plan.
I guess the it will be better to take a break still when the U S government clear the issue on the bailout plan. Grace, Please can you help me with the forex killer as promised, Thanks. I can see tighter policy on financial market activities. We have not seen the details of the bailout and its conditions. As at this moment,Fed were urgently making sure that they wrap up the deal before the end of the month to avoid total failure in financial market,as they are aware of time and consequence.
There are a lot of technicality involved here.
Top 5 richest forex trading Millionaires in South Africa
Just keep cool and see what the conditions of the bailout were before you rush in. Quick information about the situation of things on Forex biz. Gap trading means taking a bold step to trade between the close of friday nite and the opening of sunday nite. Since I knew the economy of the us is crashing and the us govt is not folding hands, they are trying to revive it but before they revive it i need to make from the down side of the economy, in other to make money from the down side of the economy, i must follow the bearish trend.
This is an oppurtunity, you must not miss out. But always make sure you use stop loss of 45 — 50 pips and takeprofit of 30pips. Dont be greed, 30pips is okay for each day, but the gap trade i made between friday and sunday thru monday morning made over pips. Reap just 30pips and be satisfied.
The Bible says godliness with contentment is a great gain. Thanks and God bless everyone Samuel Kena,thanks for your comment. Cool down,you would rebound back soon.
GPS Failed
For now allow them to finish their concert, then we shall know where the profits and loss stands. In trading financial derivatives, KCM provides effective and efficient discretionary and non-discretionary services for clients looking to trade global equities, Indices, commodities and currencies.
Our analyst and traders have vast knowledge and experience in financial markets trading having traded for major UK and US financial institutions and high net worth clients. We also provide our self-directed clients effective training to enable profitable markets trading. From my trading experience in the UK, myslef and fellow traders traded on behalf of high networth institutions and clients. Risk management was the ultimate determinant of our trading decisions regardless of the strategy. If you dont look out for risk, it will look out for you and will eat you raw. Also a trader needs to be aware of the diverse trading psychologies.
Knights Capital provides all these. Contact me at [email protected]. There is absolutely no doubt that the fx market can in the LONG RUN make you rich through the power of compounding if you reall really know what you are getting into which takes months or years of studying and demo trading your strategy before trading a live account. The problem is that the average nigerian is too greedy, and greed beclouds their judgement.
Study, study study, demo trade, demo trade, demo trade for at least 6 months, Iyear is a good enough time to practice. Take it as a new career. If you are going into a totally new career, you might need to go to school or study for professional exams which could take years, why would any smart person think he can build knowledge of fx in such a short time. Dont you know that banks employ full time traders, they just dont take any one from the street, they take professionals or put rookies into rigourous training to become professionals.
Be wise, dont let greed becloud your judgement, if you are not willing to study and practice, and manage your emotions, then FX is not for you. I am sorry to dampen your morale, but I want you to make and not be scammed or cheated, and that is why I am telling you the truth. It is possible to make it in FX, but it take a lot of harwork, rome was not built in a day, a word is enough for the wise.
If you want to make quick money; then Forex is not for you. But if you want to make a living now and become rich in future; then trade Forex.