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How to transfer and withdraw funds from forex trading to india bank account?
Interested in forex trading but india RBI regulations doesnt allow to trade in forex, $200 is sufficient to trade in forex if yes then how to deposit n withdraw profits, many traders in India are profiting say me the way or ideas thanks in advance
Could anybody advise me about forex trading?
Good day. some of my colleagues have started forex trading & insist me to start forex trading? They push me to buy a laptop & invest only $100. They assure me that if I carefully do this business, it will be easy for me to earn around $30 40 every day on regular basis. But I am very confused about it. I am Bangladeshi. I am absolutely ignorant about forex trading. Could you please inform me that my colleagues information is true? If their info is true, how will I get educated & get proper strategy & knowledge about this business? Please advise.
Is forex trading in India legal?
Some people say it is and some people say it's not. Does anyone have a clear answer? Also can anyone tell me where I can learn more about forex? thank you.
In Forex trading, what level of leverage do the winners/pros use that makes them consistent winners?
I understand now that novice traders come into forex trading thinking they will make millions because they were being enticed by clever marketing schemes from their chosen broker that allows them to use 100 1 leverage, or even 200 or 500 1 leverage, and what often happens is they go in and lose big time.I now know that winning Forex traders use risk management, and choose a level of leverage that's nothing near as high as even 100 1 or even 50 1 like the brokers offer.What level of leverage would a winning forex trader use to win consistently, without risking losing their shirts and being wiped out I ask? What level of leverage would they use as a winner pro in a leverage ratio, I mean?I have been reading, studying and learning about foreign exchange trading and it's successful techniques, and have even done it live with CMC Markets which have a maximum leverage level of up to 400 1.For me, I've found that using a leverage level of no more than 5 1 margin, or 10 1 margin maximum has worked well for me. Is this the same level of leverage the retail trading winners pros would use I ask?
Forex trading approach?
Hi there, I've been practicing trading stocks with virtual money from some time and I would like to get into forex trading as well but I'm not sure how should I approach it when I dealt with stocks I used to read all recent news about a given company and thus decide whether to buy its shares with the forex I don't know what to read. Probably financial reports covering the whole economy of a given country or ... ? I know there are some strategies that reduce the risk but I don't believe its all maths. Thanks
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