Industry

📌 Trading secret formula " Ci+D² "

The secret formula to trading success If there is a secret formula to trading (besides learning and working hard) it's this: SUCCESS = COMPOUND INTEREST + DISCIPLINE. 1% daily earnings might sound small at first, but it adds up over time if you keep compounding the profits and growing your account. For example, let's imagine that you deposit $1,000 in your account. As you can see in the visualization below, 1% daily compound interest from $1,000 would result in total earnings of $12,290.99 in one year. Of course, this is just to illustrate the idea of compound interest. You would have to trade consistently every working day to achieve such a result, which is not very realistic for most people. But you can always increase your account size if you're doing good and also go full-time into trading, so it's not impossible to reach and even beat this hypothetical target. Theoretically, if you'd start with $30k then the 1% daily compound interest could result in total earnings of more than $368k in a year. However, if you are expecting much bigger and faster gains, you will put too much in a single trade and most likely quickly lose all the capital. Even if you traded every day, aiming for 1% daily will never go smooth, of course. You’ll have +3% days and -2% days, etc. But! This approach provides a more structured and sustainable perspective to trading. It also gives you a target to strive for. "Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn't pay it." – Albert Einstein Intermediate traders often make bigger gains at the beginning of a trading session when the markets are more active and then lose a big part or all their profits later in the day, due to lower trading volume or by overtrading. Best traders try to hit their daily goal and then shut down the computer and go outside to clear their minds and reset for the next Day Thank for reading 📌👍 plez like and follow for more post updated

2022-09-20 22:37 United Kingdom

19

14

Industry

How to Become a Successful Trader

Trading is not a get-rich-quick scheme If you are looking for something that will make you rich quickly, then you should NOT even think about trading. To become a consistently successful trader you need to master fundamental analysis, technical analysis, and money management. It usually takes years. Also, you need to learn how to handle the psychological aspects of getting your ass kicked... regularly. Paul Tudor Jones, one of the most successful traders, put it simply: Notice that the potential reward is 2 times bigger than the maximum potential risk. Often, market strategists find the ideal risk/reward ratio for their investments to be 1:3. A risk/reward ratio of 1:3 means that an investor is ready to risk with $1, for the prospect of earning $3 on his investment. example Fig . 1 or 2 Seasoned traders mostly set their targets and emergency stops before they enter a trade. As our old friend Paul Tudor Jones (trader & hedge fund manager worth ~$7 billion) said: "The most important rule in trading is: Play great defense, not great offense." Some traders win on less than half their trades, but because they make much more money on their winners, they end up ahead. “You have to be able to handle getting your butt kicked. No matter how you cut it, there are enormous emotional ups and downs involved." Here's the good news You don't need to be right 100% of the time when trading. Do the best traders win 80% of their trades? Not even close. Even a professional trading strategy may in fact suffer a 5-trade losing streak, or worse, at some point. The difference between successful and unsuccessful traders is that successful ones win at least a little bit more on their winning trades than they lose on their losing trades. Trading success does NOT depend on just being right more than 50% of the time. Success depends on controlling and cutting the losses quickly AND letting the profitable trades run their course. If you follow smart money management rules you can set up your target profits and stop-loss orders on every trade so that your potential profit is higher than the risk. Here's an illustrative example of how experienced traders often set up their trades and risk management

2022-09-16 21:47 India

12

3

Industry

What I Forex ?

Forex is the short form of “Foreign Exchange”. It is also known as currency exchange, or simply “FX”. Forex is the platform where currencies are traded. It is the largest financial market in the world with a daily turnover of $5 trillion! It is huge even when compared to the biggest stock exchange markets. Check the chart below. Of course, the retail forex trading (what you want to do) doesn’t make up the majority of the volume. The daily trade volume of retail traders is around $1.5 trillion. The biggest players in the forex market You must know who the big players are in the FX market because they can change the currency rates in a blink of an eye. Traders who understand the main objectives of these players can make reasonable predictions about future currency moves. Do you know Mario Draghi, Janet Yellen and Angela Merkel? They are a few of the officials who can create chaos in currency rates with just a few words in their speeches. Forex traders indeed plan their trades by analyzing the most recent economic news and geopolitical developments, as well as the latest announcements from G-7 key officials. G-7 (Group of Seven) is a forum of the world’s 7 most developed economies: the U.S., Germany, U.K., France, Japan, Canada and Italy. The main people to follow and listen from these countries are: Head of the central bank Prime minister President of the country The most traded currency pair is EUR/USD so the most influential persons in forex are: Chair of the US Federal Reserve Bank Head of the European Central Bank Chancellor of Germany President of the U.S. 1. Governments and central banks The biggest players of the forex market are governments and central banks that buy and sell currencies to balance the economic growth and price stability of their nations. The amount of money used by central banks is enormous so their actions have a deep impact on the currency markets. That’s why every forex trader wait with bated breath whenever the chairman of U.S. or European central bank is speaking publicly; one sentence in their speech can create big fluctuations in the market. Commercial and investment banks Big banks trade billions of dollars daily. They make transactions with each other, with their customers or they themselves speculate on the forex market. The 5 biggest banks are: Wells Fargo & Co. Industrial & Commercial Bank of China JP Morgan Chase & Co. China Construction Bank Bank of America 2. Large corporations Large corporations control large amounts of money so when they move their assets in bulk, it can influence the currency rates. For example, when the biggest insurance companies in Japan started to move their assets out of the country because of the decreasing value of yen and decreasing interest rates, the yen fell even more. 3. Individual traders The most popular forex trader is George Soros who is famous for breaking the Bank of England and earning $1 billion in a day. He also earned $790 million by speculating on the fall of Thai baht. Traders like George Soros usually operate hedge funds with large resources. They can create strong impact on a nation’s economy and currency rate

2022-09-16 01:30 United Kingdom

13

9

EA

Which Strategies Do You Like in EA?

✅ Which strategy do you like in the EA? 🏆Smart WK2 >>> capital requirement to start at $500. It gives you consistent balance growth, grid system with 3 currency pairs only. It is not paired with USD to avoid high volatility. It has news filter and may not trade sometimes. Generally, there are daily trades but seldom no trade within a day.  Features include breakeven up to certain level to avoid high DD. Actual average DD is below 20%. Profit range is between 5% to 10% per month. Most members use Smart WK2 since 2021. Settings are enhanced from time to time based on new balance. The higher the balance, the higher is the profit. EA will also recalculate the lot size based on the available balance. It is considered a long term EA. 🏆 PKS EA >>> capital requirement is $100. If you really want to join with small capital, you can start at $50 but your vps fee monthly may not be enough to cover the fee depends on the market conditions. Most martingale EA makes a series of orders. With this PKS EA, it is a unique martingale because it will not make a series of orders but instead, makes a timely order based on indicators so that recovery is fast. Average profit is 14% with low DD martingale type below 10%. The new version will have trailing stop, the first open trade will have SL, EA will auto close all open trades if there is profit at a certain %, with additional indicators, it will buy and sell simultaneously and many more added features. It will take time to apply the second version because the demo test needs more time before we apply to our real accounts the updated version, if it works better than the current version which is expectedly much better. 🏆 AFX Scalper >>> capital requirement is $200. Profit rate may reach as high as above 50% with DD only below 10%. This is unique kind of EA because we expect a high return,  with high DD. But this EA, DD is consistently low. However, since the EA is non-martingale, we expect it will not trade every hour. It scans the best entry based on strategies of the indicators. Due to its very tight stoploss, it may hit your SL and reduce balance or profit may sometimes reduce anytime during the trades. BUT the strategies of the EA will make sure that overall in a short term, there will be many WINS than LOSSES. This needs patience. This EA can possibly earn you fast money and if the strategies are consistent over time, this will make you 🤑🤑💰💰. To avoid hitting SL, the second version will have added features to increase high probabilities of winning. Which strategies of the EA are suitable for you? Proof of EA Performance Smart WK2 https://www.myfxbook.com/members/XMforextrader/smart-wk2-ea/9646346 PKS EA (new account) https://www.myfxbook.com/members/XMforextrader/pks-ea-capital-10011/9701226/GCUuf5Rf0OYXye6HAiG4 AFX Scalper https://www.myfxbook.com/members/arisfx/afx-scalper-v2/9681116 Note: We are not selling EAs! Please message Telegram with username @ZeusForexTrader for details on how to avail Free EAs. Disclaimer: Although the EA has never failed to give profits for so many years, but we have to take note that forex trading is a high risk, high reward opportunities. Past good performance does not indicate better future results because we are not Nostradamus 🤑 but the EA is great! We still trade what we can afford to lose. Don't join if you dont have extra funds. 🙂

crypt2jaxx
Trader
2022-09-12 07:17
United States
Industry📌 Trading secret formula " Ci+D² "
Forex_Captain

2022-09-20 22:37

IndustryHow to Become a Successful Trader
Forex_Captain

2022-09-16 21:47

IndustryWhat I Forex ?
Forex_Captain

2022-09-16 01:30

EAWhich Strategies Do You Like in EA?

✅ Which strategy do you like in the EA? 🏆Smart WK2 >>> capital requirement to start at $500. It gives you consistent balance growth, grid system with 3 currency pairs only. It is not paired with USD to avoid high volatility. It has news filter and may not trade sometimes. Generally, there are daily trades but seldom no trade within a day.  Features include breakeven up to certain level to avoid high DD. Actual average DD is below 20%. Profit range is between 5% to 10% per month. Most members use Smart WK2 since 2021. Settings are enhanced from time to time based on new balance. The higher the balance, the higher is the profit. EA will also recalculate the lot size based on the available balance. It is considered a long term EA. 🏆 PKS EA >>> capital requirement is $100. If you really want to join with small capital, you can start at $50 but your vps fee monthly may not be enough to cover the fee depends on the market conditions. Most martingale EA makes a series of orders. With this PKS EA, it is a unique martingale because it will not make a series of orders but instead, makes a timely order based on indicators so that recovery is fast. Average profit is 14% with low DD martingale type below 10%. The new version will have trailing stop, the first open trade will have SL, EA will auto close all open trades if there is profit at a certain %, with additional indicators, it will buy and sell simultaneously and many more added features. It will take time to apply the second version because the demo test needs more time before we apply to our real accounts the updated version, if it works better than the current version which is expectedly much better. 🏆 AFX Scalper >>> capital requirement is $200. Profit rate may reach as high as above 50% with DD only below 10%. This is unique kind of EA because we expect a high return,  with high DD. But this EA, DD is consistently low. However, since the EA is non-martingale, we expect it will not trade every hour. It scans the best entry based on strategies of the indicators. Due to its very tight stoploss, it may hit your SL and reduce balance or profit may sometimes reduce anytime during the trades. BUT the strategies of the EA will make sure that overall in a short term, there will be many WINS than LOSSES. This needs patience. This EA can possibly earn you fast money and if the strategies are consistent over time, this will make you 🤑🤑💰💰. To avoid hitting SL, the second version will have added features to increase high probabilities of winning. Which strategies of the EA are suitable for you? Proof of EA Performance Smart WK2 https://www.myfxbook.com/members/XMforextrader/smart-wk2-ea/9646346 PKS EA (new account) https://www.myfxbook.com/members/XMforextrader/pks-ea-capital-10011/9701226/GCUuf5Rf0OYXye6HAiG4 AFX Scalper https://www.myfxbook.com/members/arisfx/afx-scalper-v2/9681116 Note: We are not selling EAs! Please message Telegram with username @ZeusForexTrader for details on how to avail Free EAs. Disclaimer: Although the EA has never failed to give profits for so many years, but we have to take note that forex trading is a high risk, high reward opportunities. Past good performance does not indicate better future results because we are not Nostradamus 🤑 but the EA is great! We still trade what we can afford to lose. Don't join if you dont have extra funds. 🙂

crypt2jaxx

2022-09-12 07:17

Release
Forum category

Platform

Exhibition

Agent

Recruitment

EA

Industry

Market

Index

Hot content

Industry

Event-A comment a day,Keep rewards worthy up to$27

Industry

Nigeria Event Giveaway-Win₦5000 Mobilephone Credit

Industry

Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit

Industry

South Africa Event-Come&Win 240ZAR Phone Credit

Industry

Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit

Industry

[Nigeria Event]Discuss&win 2500 Naira Phone Credit

Release
Select Country/District
  • Hong Kong

    hk.wikifx.com

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

Hong Kong
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:3313198376@qq.com