Dear reddit peepz, I have a question. I am doing forex for +- 5 years. A lot of practicing etc... You know the drill. Forex really interests me and I wonder if there is a way to do this as a profession. Do some people have experience with it? The thing is, we all know if you want to live from Forex by yourself you have to have a decent capital to sustain yourself and this is what I lack, I am a rather 'poor' guy. To give an example I started with 400 euro. At this moment I am at 1830 euro. I took 1100 trades in 1 year and two months. I know my trading and I am pretty sure this money will keep growing but it's not that I will ever be able to do this in a way I can live from the profit. It will take too long. Is there any way to deliver portfolio's, trading summary's to certain people to increase your gain and start living from it. Working for a bank for example. Do some people have done it in this way? Maybe another important input is that I live in Belgium, if you speak about Forex here people think you speak chinese. Also taxes are very heavy here in this country. Maybe even moving to another country would be an option. It doesn't really need to be like staking here you go but even working around the theme of trading/Forex could be an option. Tutoring or smt. Greetzzzz
Hey so I am being offered a job as a forex trader. I already have a bit of knowledge and have been following the markets for years. I was going to get a job and spend my spare time doing forex anyway. This will just speed up the process. But Im a bit sus on the structure. So I have to pay 2500 and they give me another 2500. They will train me in the first couple of months and recon I should make a 10% profit in the second month. In the third I trade and we share commission 50:50. They will cover my losses as well. Just a few questions. Does this sound normal? I suppose Ill trade with them until I become good enough to do it on my own. (If I can make consistent profits I can get capital). Whats stopping me from doing that? Do you think the time frame to get consistent profits is enough assuming the mentor is good enough? Thanks for any help.
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Were much larger, participants in the interdealer market Retail forex is forex That's traded through traders Market, but they have been discovered to narrow as trading volume rises.  By individual or smaller investors. These firms are also known by the term"retail aggregators." Forex trading started to become popularised in the late 1990s with the development of trading. Into business, traders and retail forex brokers went at that time to allow traders to get into markets that were previously limited to companies and financial institutions. The role of the agent has commonly been found in equities, Account with a limited amount of resources and let them trade online through internet-based trading platforms. Most trading is done through the spot foreign exchange market, although some agents deal in products such as futures and options. Forex trading has been popularised among different traders since brokers have given them the opportunity to trade with margin accounts forex bonus. These allow traders to borrow capital to make a transaction, and multiply the main that they use to trade by large amountsup to 50 times their initial capital. Are higher for retail clients than they are at the interdealer The interdealer market, that will be dominated by banks. Since the transaction volumes Traditionally, bigger clients such as importers, exporters, banks and corporations who must exchange currencies for commercial purposes and hedging against currency risks have traded on the interbank market foreign exchange. Most retail forex brokerages act in the role of traders, Commodities, even insurance and derivatives and property markets since the beginning of the modern age. And until the dawn of the era , most brokers run by phone. Clients could phone in their orders of trades, and agents would purchase and sell resources on behalf of their customer's accounts for a commission. Brokers And Dealers Around the year 2000, retail brokers began offering online Provide liquidity for your agents' prices. Bid-ask spreads Taking another side of a commerce so as to provide liquidity for dealers. Brokers make money with this activity by charging a small fee through a bid-ask spread. Before the emergence of forex brokerages, individual trading figures less than US$1 million have been discouraged from entering the market by large bid-ask spreads forex trading tips. A forex broker, also known as a forex broker, or Their clients to access trade through digital platforms and computer applications and accounts. A broker previously was considered an individual member of a profession and frequently worked in a unique agency called a brokerage house (or merely a broker ). These days, the term"broker" is frequently used as shorthand for a brokerage. Accounts to personal investors, streaming prices from the and leading banks A key concept for contemporary individual traders is retail forex. Retail Forex Service by bundling many smallish trades together and strengthening them in In modern commercial and financial trading, currency trading broker signifies that an forex expert advisor intermediary who buys and sells assets for a commission or a particular asset. Therefore, a broker could be thought of as a salesman of assets. The origin of the term is unclear, even though it is considered to stem from French. Retail forex brokers normally allow traders to Prepare an Electronic Broking Services (EBS) system. The brokerages Could provide
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