How to Make Money with Olymp Trade Platform in the Forex ...

Global Financial Markets: Habits of Good Traders and Bad Traders [Part 1]

Global Financial Markets: Habits of Good Traders and Bad Traders [Part 1]
The Internet has created opportunity of easy access to the Global Financial Markets. Everyone who desires to learn and earn can now trade in the Global Financial Markets, irrespective of their location around the world without discrimination. What used to be the secret investment opportunity for the rich and privileged few, has now become an open marketplace through digital platforms made accessible on mobile phones, portable tablets and laptops. Therefore, as Internet connectivity and broadband access continues to penetrate into every remote corners of the globe, the awareness of Global Financial Markets commonly referred to as FOREX TRADING, will continue to soar!
According to Ian H. Giddy, Stern School of Business, New York University “The global financial markets include the market for foreign exchange, such as the Eurocurrency and related money markets, the international capital markets, notably the Eurobond and global equity markets, the commodity market and last but not least, the markets for forward contracts, options, swaps and other derivatives”. Simply put, the Global Financial Markets is a virtual platform for online trading of Currencies of countries at the International Foreign Exchange Rate, as it is done real time between Banks, Large Corporations, Investment Firms, Hedge Funds and Private Equity Portfolio managers. These are the big players, usually called the Market Makers. These Market Makers are high value and high volume traders that account for over 90% of the 5 trillion dollars worth of trading done everyday for 24 hours throughout the 5 working days of the week. The participation of Individual Traders called Retail Traders in the Global Financial Markets is only possible through a registered and verified account on the trading platform of licensed and regulated Brokers like in the Stock Exchange industry.
While the sound of participating in an open market valued at over 5 trillion dollars per day, sounds attractive and inspiring; very few Individual Traders have successfully earned profits from the Global Financial Markets consistently. In many instances, the odds are usually against the Individual Traders due to the numerous cycles of events and uncertainties that influence Global Economy and Trade relationships between countries of the world which directly or indirectly affect the sentiments of buyers and sellers of the currency of countries against others.
While many may assume that making profit in the Global Financial Markets is just as simple as clicking BUY or SELL buttons on the Broker’s trading platform, the few successful traders know that there are a lot more to learn and apply. Like everything in life, learning by doing is the best way to winning the trophy. Fairly enough, all Forex Brokers in the Global Financial Markets provide demo accounts with virtual money to help traders learn and practice before investing their real money. Unfortunately, due to the habit of indiscipline, many traders are usually impatient in learning and often allow greed to push them to rush into live trading without developing the necessary skills and habits that will guarantee consistent profit and successful trading career.

“Discipline is the ultimate secret of Distinction. What makes the difference between Good and Bad Traders is Self-Discipline!”


[Image Source: https://trading-education.com/101-inspirational-trading-quotes-and-what-they-mean]
The only Broker that I have personally observed to be committed to helping Individual Traders develop Self-Discipline and Expertise through continuous Education and Enforcement of Self-Discipline is Olymp Trade [www.olymptrade.com]. The Broker enforces self-discipline through an automated Trade Limit which is triggered when an Individual Trader begins to take reckless risks with their hard-earned money in search for dangerous profits. Many inexperienced traders hate this trade limit control, but the good, expert traders openly appreciate Olymp Trade for helping them to develop the Self-Discipline habit.
With the implementation of the Trade Limit rule, Olymp Trade has helped many of her Individual traders to learn the self-discipline habit. This has given a higher percentage of beginners or novice traders the golden opportunity to become an expert trader and earn profit consistently over time, while they avoid the common pitfalls that destroy many who trade with other brokers without the Trade Limit feature on their platform.

[Image Source: https://trading-education.com/101-inspirational-trading-quotes-and-what-they-mean]
In conclusion, while this article emphasized that Self-Discipline is the main difference between good traders and bad traders, there are other habits of good traders that will be explained in subsequent articles coming soon in this series.
Thanks for reading and adding your own comment to this article.
References
Ian H. Giddy: The Global Financial Markets.
[http://people.stern.nyu.edu/igiddy/gfm.htm#:~:text=The%20global%20financial%20markets%20include,options%2C%20swaps%20and%20other%20derivatives]
submitted by MxLawal to u/MxLawal [link] [comments]

Binary Option 97% Non Repaint Indicator OLYMPTRADE SIGNAL - Trade Solutions Without Trade Expertise Forex Trader: How to Know Exactly Where to Buy and Sell ... Custom Designed Software  100% Accurate Buy Sell Signals For Binary And Forex Trading In Free2019 The Best Candlestick Patterns to Profit in Forex and ... How to Start Trading Forex - YouTube Free VIP Trading signals  Olymptrade Trading Signals  Binany Trading Signals BK Technical Free Buy/Sell Indicator! Download Link - YouTube สอน Forex เบื้องต้น เทรด Forex ให้ได้กำไรด้วยอินดิเคเตอร์ ... The best indicator for trading on the Olymp trade and forex Join with MT4 Download for free ! 2020

A lot is a standard unit of measurement used for calculating the position volume in MetaTrader 4. As a rule, 1 lot equals 100,000 units of the base currency in Forex trading. Buying one lot of EUR/USD pair actually means the purchase of 100,000 euros. Different types of assets may have different conditions and lot sizes. You can learn more ... Volume traders will look for instances of increased buying or selling orders. They also pay attention to current price trends and potential price movements. Generally, increased trading volume will lean heavily towards buy orders. These positive volume trends will prompt traders to open a new position. Earning money trading on the forex. As was already said, making a profit is based on selling and buying currency. Your object is to buy at a lower price and sell for a higher price in the future. Or, conversely, to sell for a high price in order to buy it cheaper later on. Let’s say you trade EUR/USD at 1.1000. You can either buy 1 euro for ... First, the system considers the overall volume traded at a certain price. Next, it divides it into two: buy volume and sell volume. As a result, you can assess activity at a particular price level over a particular period. This method can be used in different markets: Forex, cryptocurrencies, stocks, and even futures. Whatever the asset, you ... First of all, this Forex trading solution has no spread. While other companies earn on the bid-ask difference, Olymp Trade clients pay commission just once, and prices for both buy and sell orders are the same. The commission is charged only for opening a position and for taking it over to the next day (does not apply to day traders). Olymptrade. How to start Step 1. Find out how Forex traders make money. Forex is a market where tens of millions of people earn on the price change of different currencies. George Soros is an outstanding trader you have probably heard about. But, most of them are ordinary people with limited capital. First, let's understand trading from a simple example, putting aside currencies and quotes ... Our buy sell signal software has an advanced filtering system. This helps the trader to get more than 95% accurate buy and sell signal with 100% profit. As mentioned our software comes up with four level of filtering system, this is basically combination of trading volume, current trade trend, current candle behavior and stock market analysis. A trader may short sell the currency with a lower interest rate to buy a currency with a higher interest rate. The difference between these rates constitutes their swap or the profit they gain. In carry trading, positions are held for extended periods of time. 2. Trading of Majors. If you follow crosses, you may predict the movements of majors and find the best currency pairs to trade. Crosses ... Volume indeed cannot be calculated based on the number of contracts traded and the size of those contracts since Forex market is decentralized by its nature. Volume is calculated based on price ticks. 1 tick is 1 volume. As price changes back and forth, volume adds up. High volume will have lots of such simple tick shifts, while low volume - very little. Trước khi bắt đầu, tôi có một lưu ý nhỏ: volume không phải là công cụ cung cấp tín hiệu BUY - SELL hay bắt đỉnh đáy gì cả, nó chỉ là công cụ hỗ trợ cho hệ thống của chúng ta để tăng thêm xác suất thành công. Điểm mạnh của Volume là nó cho ta thấy được hành vi của phe mua - phe bán hiện tại đang như thế ...

[index] [10072] [7650] [22044] [17141] [2630] [25562] [5690] [19180] [21339] [16394]

Binary Option 97% Non Repaint Indicator

The Best Candlestick Patterns to Profit in Forex and binary - For Beginners trading forex, forex strategy, forex,Online Trading Strategy #Candlestick_Pattern... สอน Forex เบื้องต้น เทรด Forex ให้ได้กำไรด้วยอินดิเคเตอร์ Trading Volume บอกแรง Buy Sell ... The average Forex Trader doesn't know the proper price levels to buy/sell at any given time. This video gives the Forex Trader exact price levels to watch fo... Join the ForexSignals.com Trading Room: https://bit.ly/2xmRgvk How do you get started in the forex business? In this video, I will list the most important st... great and banking great option to buy sell signal software, nse and bse buy sell signal software, Software buy buy sell signal for free, Olymptrade, Olympus trading, earnings Olympus trading ... Hello Friends ye wali video me mene aapko Olymptrade free trading signals ke bare me bataya he. I hope ki aapko video pasand aayegi. -----... Download Sapphire Indicator Here: https://m.me/169254937179429?ref=sapphire If you enjoy this video, be sure to LIKE And Subscribe! Follow the best facebook ... dsc - based on - Custom Designed Software 100% Accurate Buy Sell Signals For Binary And Forex Trading In Free2019 100% Winning Strategy In Olymp Trade ... GET FREE SIGNAL & ROBOT HERE https://goo.gl/7tRX2n ----- OLYMPTRADE SIGNAL Trade Solutions Without Trade Expertise don't forget to subscribe if you like my videos Track: HYLO - Paradise ft. Akacia ... All about Trading in Forex and Binary Option Marked. BinaryOptions99%#iqoption#olymptrade#pocketoption#forextime Registration link iqoption https://bit.ly/2WdQsUO Link download Indicator lost on ...

#