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Is Forex Trading Profitable?

Is Forex Trading Profitable?

There are several factors that should be considered before embarking on a forex trading career. These include Leverage, Probability of meaningful losses, and the mental capacity needed. These factors will help you decide if this is a viable option for you. In addition, you should understand how to maximize your earning potential. Leverage Leverage is…

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Tips and Advice
Is Forex Legit?

Is Forex Legit?

When you think about forex, the first thing that comes to mind is that it sounds too good to be true. However, it is a legitimate form of investment that you can use to make money. While not everyone will be successful, it is possible to earn a substantial income from the forex market. Just…

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For new traders
Important Tips to Learn How to Trade Currency

Important Tips to Learn How to Trade Currency

There are several important tips to learn if you want to succeed in trading currencies. Listed below are three essential techniques that you can use to trade currencies. Using a rule of thumb, you can predict the value of currencies. For example, you could buy Danish krone when it is worth less than Russian rubles,…

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Tips and Advice
How to Trade Stocks

How to Trade Stocks

If you’re thinking of learning how to trade stocks, there are a few things you should know. First, don’t chase investment returns. Instead, seek the advice of a financial advisor and create a strategy that works for you. Once you have a plan in place, you’ll be able to make wise decisions about your investments….

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For new traders
How to Trade Commodities

How to Trade Commodities

Trading commodities is a good idea if you want to diversify your portfolio. Contrary to other markets, commodity trading is much less noisy. However, you will need to use a broker to access the market. One of the most popular brokers is PrimeXBT. Once you have a broker, you can start trading in commodities. Trading…

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Tips and Advice
How to Trade Bearish Candlestick Patterns

How to Trade Bearish Candlestick Patterns

When a market starts an uptrend, it is possible to detect a bearish candlestick pattern. However, it is very risky to take a short position during this pattern. To minimize the risk, you should wait for a full day before deciding to short a stock. If you have seen a bearish candlestick pattern, you should…

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Technical Analysis
How to Spot Forex Trading Scams

How to Spot Forex Trading Scams

Forex trading scams are common, but there are ways to avoid them. First, it is important to understand how to spot a scam broker. Here are some signs that a forex trading broker is a scam: The trading style is not appropriate for beginners and it’s unlikely that it will generate long-term profits. Prevalence of…

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For new traders
How Does Forex Work?

How Does Forex Work?

In the forex market, traders make their money by trading currencies. They invest in currencies in the hopes that they will rise in value. Currency prices are based on interest rates, which are set by national banks in different countries. Traders try to predict the next move of the central bank by buying currencies before…

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For new traders
How to Respond to a Margin Call

How to Respond to a Margin Call

If you’re in the market for a stock, you may have heard about a “margin call.” This is when your brokerage firm calls you to deposit additional funds to cover the credit risk of your purchase. While this is common, it’s best to avoid this if possible. In times of market volatility, you may be…

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Forexblogger.com.ng  is a forex-information-based blog that is located in Africa, operated by a Nigeria-based blogger with years of experience in information marketing across the continent of Africa. Forexblogger.com.ng writes and publishes informative and educative guides, and tips about foreign exchange (FX), this includes but are not limited to technical analysis, FX investment, and market trend. Forexblogger.com.ng  also offers FX brokers and brands opportunities for sponsored guest posting, banner advertisements, etc.

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