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What is Forex Trading in XM? How Does It Work
What is Forex Trading?
Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange. Trading ...
Trading Psychology: Profit Targets in Forex with XM
Closing the trade at the most favourable price level is equally as important as getting into the trade at the right time. In the end, the price level at which you get out of your position and exit the trade determines the overall profit or loss of your trade. In this article, I’ll shed some light on the psychology of profit targets and the probabilities game of every single trade.
How to Become a Profitable Trader with XM
You’re reading this right now because you want to know how long it takes to become a consistently profitable trader.
You’ve heard others say it takes at least 2 years.
Some would tell you it takes 5 years.
And there are a few who still suck at it after 10 years.
So, what’s the answer?
Well, here’s the truth:
All traders go through 4 stages in their trading career. And how fast (or slow) you get to the profitable trading stage depends entirely on you.
Let me explain…
15 Inspirational Reading Quotes EVERY Trader Should Know for Success with XM
Trading quotes like the ones found below can be invaluable!
Without question, one of the best ways to learn any skill is to study those who have already found massive success.
Learning how to trade Forex or any financial market for that matter is no different.
Legendary traders such as Paul Tudor Jones, Ed Seykota, and Marty Schwartz have all left a trail of clues for us to follow.
All we have to do is translate them into a meaningful context and then apply the concepts to our trading.
Luckily, I’ve done the translations for you.
Below you will find seventeen of the most insightful trading quotes from some of the world’s top traders.
And while I can’t guarantee your success as a trader, I can guarantee that if you study and apply the mini-lessons below you will be in a much better position to succeed.
Let’s get started!
How to use Trading Indicators Effectively with XM? Reason Why Most Traders lose Money with that?
Most traders will tell you to stay away from indicators.
They give you reasons like:
- It lags the market
- It gives you late entries
- It can’t predict what the markets will do
Nope, those are excuses.
Want to know the real reason why traders lose money with indicators?
Here’s why…
What Makes a Fibonacci Ratio? How to Draw Fibonacci Retracement Levels with XM
History of Fibonacci
Before we get in too much about what Fibonacci is, let’s first answer the question “who is Fibonacci?” Leonardo Pisano, or Leonardo Fibonacci as he is most w...
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Top Forex Brokers Ranking
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High regulation from CySEC and ASIC.
1,000+ tradable assets across Forex, Stocks, Indices, Commodities, Metals and Energies.
Low CFD
Zero Fees on Deposits and Withdrawals
Great educational and research service with daily interactive live trading rooms.
More than 20 languages supported
Traders from 190 countries
Free VPS Services
Platforms: MetaTrader 4, MetaTrader 5
1,000+ tradable assets across Forex, Stocks, Indices, Commodities, Metals and Energies.
Low CFD
Zero Fees on Deposits and Withdrawals
Great educational and research service with daily interactive live trading rooms.
More than 20 languages supported
Traders from 190 countries
Free VPS Services
Platforms: MetaTrader 4, MetaTrader 5
How to Deposit Money in XM
How to make a Deposit in XM
To XM’s trading accounts, there are various ways to make a deposit.
In this article, we will show you how to make a deposit to XM’s trading accou...
How to Open a Demo Account in XM
This lesson is dedicated to explaining how to create a demo account in the Forex broker XM.
We will explain step by step and in a simple way how to activate an XM demo account
...
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