My Three Forex Trading Opportunities In 2019 For Nigerians
I launched this blog to simplify the process of making money in the forex market as easy as possible for as many
Nigerians that are longing to partake of the prodigious financial
opportunities entrenched in the forex market. The entire journey begins with owning a forex account.You must have a forex trading account before you can participate in the forex market.You need a forex broker to open a forex account. It is very important that you carefully select the broker that gives you the platform to trade. I have been using the LiteForex since 2006. I recommend them to you. They are the best broker for Nigerians.You may click here to create an account with them. I have also created a youtube video on step by step guide on how to create forex account, how to pay money into forex account and how to withdraw money from forex account.You may click here and watch the video now.
The three forex trading opportunities for Nigerians in 2019 are as follows:
1. Become a trader yourself
2. Use quality trading signal
3. Use social trading
The three forex trading opportunities for Nigerians in 2019 are as follows:
1. Become a trader yourself
2. Use quality trading signal
3. Use social trading
1.
Become A Trader Yourself
It is a wonderful thing to be a forex trader. And it is fulfilling to be a successful one at that.My earnest and helpful suggestion for whosoever wishes to embark on forex trading career is to diligently learn and understand what forex is and forex terms, fundamental analysis, technical analysis, trading psychology, money management and forex brokerage. It may take you 6-months or more to get there.You will learn a lot from babypips, earn forex, fx street, forex factory,and my youtube channel.
Many big traders as well as institutions rely on
forex trading signals or calls from well seasoned sources.These sources carry out market analysis based on both fundamental and technical methods and publish their trade ideas to their paid members or subscribers. This is an excellent
way of trading if one can have access to winning and sensible trading signals. We have many free and paid signal service providers on the internet.I
have respect for free signals from Fxstreet because they
are provided freely by reputable companies. A good example of good paid signal provider is DuxForex which
is based in the UK and provides good forex signals for seven of the major
currency pairs for as low as $5/month.Click here for more info.
This is a form of
investing that allows investors to observe the trading performance of other expert
traders and to follow their investment strategies using copy trading or mirror
trading method. I use a broker which publishes the list of the top
performing expert traders on their website. You can choose any trader/traders
of your choice and link their accounts to your own account.Then the same trade
they place on their accounts will be placed on your account too at the same
time. All you need do is to watch your account grow with time. The good thing
is that you can enable and disable any trader at any time.Social trading
requires little knowledge about financial markets, and has been described
as a low-cost, sophisticated alternative to traditional wealth managers. Social
or copy trading is perfect for inexperienced traders. It saves you lots of
time. You’re likely to earn a lot more money. Even experienced traders can
benefit from Forex copy trading. You can save time and earn more. There are no
(or few) limits to who you can follow. Forex copy trading is for
everyone.Novice and experienced traders alike are likely to benefit from
putting the knowledge and skills of others to work for them.Click here to learn more.
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