CTrader Trading Platform
Forex trading hours can be said to be a time period that is made up of a day of business in the financial market, which covers periods from the opening bell to the closing bell. In reality, there are many factors that influence trading and being a successful trader is a result of a clear understanding of how markets function, what makes them move, market psychology, technical and fundamental analysis, plus many other things.
These trading platforms are the form that have survived today due to specialization which has consequently lead to many institutions to either adopt third party trading software or either merge with software providers to share knowledge and develop forex trading platforms further.
In part one of this two-part series Mario takes his students through the ABC’s of how the foreign exchange market operates, simple strategies for how to make money trading forex and most importantly how to develop the mindset of a winning trader based on his hard-won knowledge gained from real life experiences.
It will take 6 months to a year of practicing two hours a day (including a few hours on weekends going through charts, reviewing, self-assessing and working on problem areas) before you will likely be able to trade like this consistently (see 5 Step Plan for Forex Trading Success ). What you are basically doing is planning your trades before the market even moves to your entry location.
While this is not an especially easy task, and typically requires developing some knowledge about fundamental and technical analysis, going through this process will take the guesswork out of forex trading since you simply need to follow your system when making trade decisions.
Aimed at those who are completely new to Forex, this book will take you by the hand and walk you step by step through the core fundamentals of Forex, and trading in general – enabling you to lay a solid foundation of learning from which you can build upon.