Which is smart? Working 24x5 or just a few hours a day? Well, you know the answer and this applies to Forex trading too. But which is the best time to trade? Get your answer here. (You don't know the third one for sure) https://wetalktrade.com/best-forex-market-hours-to-trade/
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(JA) I want to help my parents because times are rough and I'm thinking of doing forex trading.
I'm a (20m) living in Jamaica and I'm going to university. I'm unable to go out to work do to COVID because I have some underlying health conditions that could put me at a higher risk so my family is adamant on me staying inside. In the past 2 months, my parents lost half their income and its getting worse. I bought a forex class from Udemy and I really want it to work out. The sad thing is I only have like $120us and if I lose that it would be really hard to come by that money again for a bit. so my question is should I give it a shot or should I try and look into other options. Appreciate all advice. edit: thanks for all the advice guys. I didn't go through with the forex trading. I convinced my parents to make more involved their business and I'm trying to think of new innovative ways to help them make more money. I'm also gonna try to learn more skills so I can try and make somehow. It's not too good now but I believe I'll be alright hopefully.
FOREX Trading - Viable option to speed up FI/RE or just a waste of time?
Hi all, I have been lurking on this subreddit for the better part of a couple of months and I have trying to build up a wealth of information on how to achieve financial independence. I'm 22 years old, have just graduated from a computer science degree, zero debt, but also zero wealth, and I'm starting a 60k job within a month. Getting to the basis of the question, I have been doing a lot of research on Forex or foreign exchange trading and seemed to find a large number of testimonials on its success from a number of different individuals actively trading daily and yes, timing the market. I have also read a lot of material from this subreddit and it's clear that the general consensus is that timing the market is completely impossible and that index funds such as Vanguard are one of the most tried and tested, as well as most likely methods to increase income in the long term. My main question is, are there any people within this subreddit that have experience with FOREX and if there is any advice they can give on this topic? I'm interested in any reading material to better inform myself on this topic or if it is in fact more of a scam that in the end will lose me money and time. I also have friends who have tried to recruit me to groups which cost hundreds of dollars a month where they educate and provide "mentors" which give signals as to which pairs to invest in. To me these groups seem to be pyramid type schemes as through recruiting they pay less on their membership and possibly earn from whoever they recruit so this seems a lot like scam material. Any advice or information is greatly appreciated.
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First time I hear of this MLM called iMarketsLive or IML or IM Academy (their branding seems to be all over the place). They claim to teach people how to trade Forex – a completely legitimate form of investing – but a quick Google search exposes a lot about them real quick.
The most favorable trading time is the 8 a.m. to noon overlap of New York and London exchanges. These two trading centers account for more than 50% of all forex trades. On the flipside, from 5 p.m. to 6 p.m., trading mostly happens in the Singapore and Sydney exchanges, where there is far less volume than during the London/New York window. Forex Market Hours. Forex trading is available 24 hours a day from 9:00pm GMT (10:00pm BST) until 9:00pm GMT (10:00pm BST) on Friday, including most U.S. holidays. Please be advised of the potential for illiquid market conditions particularly at the open of the trading week. These conditions may result in wider spreads for some currency pairs How to use the Forex Market Time Converter. The forex market is available for trading 24 hours a day, five and one-half days per week. The Forex Market Time Converter displays "Open" or "Closed" in the Status column to indicate the current state of each global Market Center. So, brokers doing trading in the UAE have to keep track of the exact timings of the financial centers the world over. This helps them to set the favorable Forex market trading hours in Dubai. The below information gives a better picture of the trading session timings as per Greenwich Mean Time (GMT), during summer / summer season followed by 5 Tips on Getting Your Forex Timings Right! Live Chat; Client's trading cabinet; About Us. Our history LiteForex's history and achievements; Advantages The benefits of trading with the LiteForex broker; News Latest news and important developments; Contacts Client support team' and other departments' contacts; Recruitment Work at LiteForex; Regulatory documents Legal information
Forex strategy is all that you need, our own technical analysis techniques, trading higher time frame with accuracy Forex Trading can be based on Technical Analysis and Fundamental analysis, but ... Streamed live 12 hours ago. ... Forex Trading Unlocked is your source for real online trading resources, market analysis, applicable trade setups, trader interaction, & more. These are the forex trading tips that have most helped me become and stay a profitable trader. Hopefully they can help you too! Of course, none of them will guarantee success or work all the time. SIMPLE FOREX TRADING Part 2 HIGH And LOW TIMINGS And PATTERNS The high and low of the day can be the most important areas to pay attention to. The previous day's high and low are evidence of where ... Forex Trading Signals Dashboard Forex, Indices, Commodities, Gold and Metals, Cryptocurrency, Bitcoin, Ripple, Crude Oil Live Analysis Free Forex Real time Buy Sell Indicators Signals Alert ...