My name is Anu
I am officially representative of Xtreamforex
XtreamForex is a forex broker, Member of Grandinvesting Group
Incorporated in MIS
Registration number 84516 IBC 2016
Company number: 84516
If you have any question regarding this broker about the services and promotion feel free to ask me here. i will be happy to assist you.
Earn extra money with XtreamForex IB program. Refer clients to XtreamForex and get exciting commission. The commission is every day pay out. Minimum commission is 7$ per lot and highest commission is 25$ per lot. For marketing you get support from our team.
Commission is up to 25$ per lot
Commission Daily Payout
25% on Sub Affiliates
Full Access to Statistics
At XtreamForex payment methods is fast, reliable and easy!
XtreamForex has developed a custom made payment methods interface in member area to make account funding and payments simple and hassle-free using our pioneering sample portal, a single interface for all of your needs.
Payment and funding authorization are fully automatic, XtreamForex portal allows deposits and withdrawals using a simple interface.
XtreamForex offers its clients a wide variety of local and international payment options. Choose the payment option that most suits you in XtreamForex!!!
Mujhe is broker k bare mai itna nahi pata kiu k maine kabhi in k sath kam nahi kara aur mai samajhta hoon k ya boht zada risky ha in k sath kam karna. Is hi lia mai hamesha reliable aur trustworthy broker ka hi suggest karonga kiu k yahan se hum gain kar sakte hain.
As a forex trader to be aware about Forex news, Market movements and current Economic events is most important. Place your Trades with a good market knowledge.
With XtreamForex its very easy to learn forex and take your trades according to the market movements. We are providing daily technical analysis on our website and market news etc.
• Forex News
• Cryptocurrency News
• Market Morning Briefing
• Forex Forecast
• Weekly Forecast
• Economic calendar
• Forex Article
For more details visit to our website:- https://xtreamforex.com/academy/
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Xtreamforex Offer you double your investment with Forex Tradable Bonus. Feel secure with a broker that ensure safety of your fund and provides the best trading environment to make most out of your strategy. XtreamForex welcome all of their clients with a Tradable bonus on every deposit in the live account. Deposit at least 500 USD to get the Tradable Bonus. Joining Link:- https://xtreamforex.com/tradable_bonuses30.html
• Start: Starts from 14th May 2019
• End: Promotion Ends on 31st December 2019
• Minimum Deposit: 500 USD
Offer is Applicable: The clients with live account and Minimum Deposit 500 USD.
How to Apply:
• Register to the Live Account.
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• Get up to 30% Tradable Bonus in your account.
When news releases are put out, traders base their trading on those releases. It can lead to strength or weakness in a currency depending on the news and what it corresponds to. However the expectation of currency changes that a news release gives does not always play out as expected, and for traders who choose to trade on news this can be problematic. There are two main factors that may confuse news traders.
US indicators can produce the opposite result of the dollar, due to the risk on risk off mentality, so a weaker than expected US indicator can lead to a strong US dollar. That is because the US dollar affects the whole world, and it’s better to be safe by using the US dollar. When indicators surpass expectations, the whole world’s currencies are expected to improve so no safety is needed and the dollar is sold.
This behaviour has taken place for long periods of time in the aftermath of the financial crisis. In that case, never ending expectations caused the currency to return to normal behaviour followed by weak data. Creating more dollars to buy bonds weakens the US dollar, and positive figures lower chances of raising the US dollar.
The second expectation that traders have on big events such as rate decisions, where high expectations don’t come true and leads to disappointment. Or high expectations do come true but they were priced in or over priced in that any result leads to sell off. This scenario is called “Buy the rumour, sell the fact” it can even happen when the event is not a rumour but a well know scheduled and debated event.
For example, a future rate cut in Australia may result in a rally for the Australian dollar if this even would be priced in. This can happen despite the usual behaviour of a rate cut hurting the perspective currency and despite reality meeting expectations.
No matter what method of trading, traders use, and what strategies they follow they should constantly be paying close attention to the money they are spending and the risk they have for losing that money. This can happen though one main thing which many traders choose to ignore; Cutting losses.
It’s easy to get excited with an open position and keep it open because it is gaining profits or because it could possibly gain profits, so excited that when thing take a turn for the worst you are still convinced you have a chance for profit.
But cutting losing trades before they drain all your position is the biggest struggle traders have, especially at the beginning of entering the world of Forex. Leaving a losing trade is a win on its own because you save more losses, but it’s much easier said than done. And for many actually leaving a trade is emotionally hard as they truly they believe they have a shot at winning.
It is always said that 90 percent of all traders fail at Forex Trading; the number is so high because traders don’t how to keep their losses to a minimum, which is one of the most important things to learn in Forex trading. Developing a Forex strategy should revolve around minimizing losses and keeping losses small usually refers to the overall number of money lost rather than how many trades lost. Because if you lose 100 dollars in 10 positions in a row, it is just the same as loosing 100 dollars on 20 positions. What matters is the money you are losing or making, and you need to learn to utilize your initial funds and trades in a manner that saves you the most money.
Learning how to manage risk and money is something you learn with time and experience, as you make some mistakes and fix them, and realize where your money is being mainly lost. But you should always start off with an initial plan that will help you manage your money right and use it in the right way to save the most possible for yourself.
In Forex trading Margin is one of the biggest elements of trading. The maximum margin is determined by each broker and can but up to 1:500, it is designed to allow traders to increase their investment capital so they can make a larger trade, in Binary Options there is no use of margin at all.
With Forex there can’t be any specified numbers on profits or losses. Traders can apply a Stop Loss order, to makes sure no big losses are made, but depending on how the market moves as the position is open losses and profits can be wide or narrow. A trader could lose all the money in his account in one trade. With Binary options the investment is pre-determined and a trader already knows how much he will make if the trade goes well and how much he will lose if it doesn’t.
Closing a Position
With Forex trading you can choose exactly when to close a position as the markets change. When a position opens there are no limits about when it should close that is entirely up to the trader and the decision can be made during the trade. With Binary Options the time frame is pre-determined, and the trade has to play out till the expiry date. Some brokers offer the option of “early closure” meaning you can exit your position at some point during the trade if you feel you are losing, but at a percentage cost.
In Forex trading there are many order types including buy/sell, limit, stop, One Cancels the Other, Trailing Stop, Hedge Orders, and many others. In Binary Options there are five types of orders, high/low, 60 second options, Touch/No Touch, Boundary Options and Options builder.
Some Forex brokers allow trading micro lots, which are 1,000 units of the base currency, the maximum trading amount is determined by each broker and can be as high as 10,000,000 dollars. In Binary Options, the minimum and maximum is determined by each broker. The trading amount can be as low as 5 dollars per trade, and the maximum can be 1,000 dollars, or 5,000 dollars or more.
For many people trading may be something small they do on the side, and do not take really seriously but for some trading can become their main source of income, or at least a big part of it and that is when Forex trading can become a Forex Business.
Like any other business you need to calculate and manage your costs. In Forex the costs are the losses you are likely to suffer through your trades, the commission you will pay to the broker through the spread – or separately – your basic equipment which is a computer and internet access.
Losing trades may seem like a cost you can avoid but they are not, no matter how good of a trader you are and how much money you are making, you are always going to have some losing trades, and it will be your biggest cost as a trader. So your plan should be to make sure your revenue can offset your cost enough for you to make a profit.
You need to always make sure that over all you have successful trades making enough profits to cover the losing ones, over all costs and leave a profit, otherwise it is completely useless to trade, and you will be spending more than you are making.
You can do that by making goals for your trading journey and always aim at reaching them. You goals should be to reach a very high percentage of winnings opposed to the percentage of losing or the winning trades need to be larger than your losing trades to balance it off. This is what is referred to as the risk reward ration. For example your risk reward ration can be set at 1:2 for every trade, meaning 35 to 40 percent of the times your trade have to right. Most successful traders win between 40-60% of the time however their wins are substantially bigger than their losses and therefore make up for the imbalance.
So in essence you can be wrong more than you are right and still make a big profit.
It takes a lot more skills and tactics to have a Forex business of course, and you cannot find out about all of them through one article but over time you can learn to manage your trading well enough to make a good business out of it.