A Day in the Life of a Forex Trader ?? Welcome to today's video, everyone! Ever wondered how the world of forex trading really looks from the inside? Dive into a day in the life of a professional forex trader and see the hustle, strategy, and precision it takes to navigate the fast-paced world of currencies. ... https://www.youtube.com/watch?v=V-nAfLrXu2c
In this "Trading Myth Busted" YouTube short, we'll be taking a deep dive into some of the most common trading myths that are holding you back from reaching your full potential. From "you need to have a lot of money to start trading" to "trading is a quick way to get rich," we'll be debunking these myths and providing you with the facts you need to succeed in the trading world. So, if you're ready to separate fact from fiction and take your trading game to the next level, join us for this informative and eye-opening short!
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https://www.youtube.com/watch?v=KjrwEKGhFiw
In this video, I will give you a basic introduction about mt4 and mt5 trading platform. If you are looking for the basic meta trader 4 and meta trader 5 for beginners 2021, then you are in the right place. My channel is all about giving information on
Many of you must be new to forex trading and mt4 trading might seem a little complex to you.
So, let's go to the mt4 platform and I will give you a short overview of this platform.
But before that, if you are confused between mt4 and mt5 trading platform and which one to use.
00:00 - MT4 Basic tutorial and MT5 Basic tutorial
00:54 - MT4 and MT5 Market watch list section
01:01 - How to add currency pair in mt4 and mt5
01:11 - How to open chart of currency pair in mt4 and mt5
01:24 - How to change charts in mt4 and mt5
01:33 - How to change line chart , bar chart and candle sticks chart in mt4 and mt5
01:39 - How to zoom in and zoom out in mt4 and mt5
01:44 - How to change Timeframe in mt4 and mt5
01:57 - trade section and history of trades in mt4 and mt5
02:12 - How to open a trade in mt4 and mt5
02:30 - How to Close a Trade in mt4 and mt5
02:50 - Tools in mt4 and mt5
03:21 - how to add tools in mt4 and mt5
03:32 - how to add indicators in mt4 and mt5
04:00 - how to remove indicator in mt4 and mt5
Let's learn to use mt 4 and mt 5 from beginning and if you are still in confusion about that how to use mt 4 and mt 5 from beginning. Then watch this 2021 mt4 and mt5 for beginners who can give you exact information. Now, let's go to the MetaTrader platform.
Okay, so this is the MetaTrader 5 platform.
Metatrader 4 and 5 are almost similar in the interface so, if you are using MetaTrader 4, the things which I will tell you in this video will be the same for the mt4 trading platform too.
This is the market watchlist section where you can view charts of different currency pairs.
You can also add more currency pairs to this section by clicking on this plus sign and searching for the currency pair you want to add.
Now if you wish to bring any of the currency pairs to the window section,
just right-click on the pair which you want to add.
then select the chart window. the chart will be added here.
You can shift between different charts from here, like this.
If you want all the charts together on one screen, just double click here.
Moving forward, you can change the between line charts, bar charts, or candlestick charts from this section.
From here you can zoom in and zoom out of the chart with ease.
Now, as there are different timeframes, you can change the timeframe of the chart too.
Just right click
go to timeframes and select whichever timeframe you want.
This is the trade section where you can see your ongoing trades your balance as well as the history of your previous trades.
Now
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https://www.youtube.com/watch?v=K9oJ6zHlVOs
A hedge fund manager and philanthropist in the United States, an asset management firm, Tudor Investment Corporation, was founded by him in 1980.
It took him another eight years to establish the Robin Hood Foundation, an organization dedicated to alleviating poverty.
Risk enough, but the reward you stand to win should be multiple times your risk, is something Paul, the most successful hedge fund manager, and the legendary trader, teaches all of us traders.
00:00 - Early life and education
01:45 - Tudor Investment Corporation
02:14 - 1987 Black Monday
04:04 - The 200 Day Moving Average Strategy
04:37 - Japanese market crash 1990
05:42 - A contrarian trader
07:02 - Lesson 1
07:26 - Lesson 2
07:52 - Lesson 3
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Cryptos Monopoly - https://cryptosmonopoly.com/
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Our YouTube Channels
Forex Monopoly Shorts - https://www.youtube.com/channel/UCWVE6jNacSeOMJf5_Hak_Wg
Cryptos Monopoly - https://www.youtube.com/channel/UCCo2ofWp-CN5ODpDeMgVrfQ
#paultudorjones #robinhoodfoundation #200 day moving average strategy #forexmonopoly
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https://www.youtube.com/watch?v=-kV92ROxYYY
how much money do you need to start trading forex.
how much do I need to start trading forex.
money required to start forex.
what is the starting investment needs in forex
There is one big and common misconception among individuals that forex trading requires traders to have big capital and only traders with big accounts can make money in forex. money required to start forex is not like you need to spend big amount.
how much money do you need to start forex trading. The answer of this question is you need to select money to invest based on trading style.
0:00 - Intro
0:36 - Myth #1
1:58 - Myth #2
3:30 - How much money do you need to start forex trading
4:17 - Money to Invest Based on Trading Style
If you have still question that How much money does one need to start forex trading then here I am giving you a brief on best amount to start forex trading.
Well, Is this really true or is it just a misconception?
Myth no.1 - you need big money to make money in forex.
Well, I started trading with $100 then lost that account and then invested $10,000, and then lost this account too.
So, I have traded a small 2 figure account and even a 6/7 figure account, and trust me when I say this, you don't require huge capital to earn money in forex.
And I decide the money need to start forex because know one to guide me on how much money need to start forex.
Recently, I converted my $200 account into $5000 and I have done this many times in the past.
So, if you think you need a big trading account to make money in forex, have a look at these screenshots.
Myth no. 2 - Only big players make money in forex?
how much amount we can spend on forex at start, never required the big amount. starting amount spend on forex is very less. You can decide by yourself the starting budget of forex. Depends on your pocket, you can decide best amount to start forex trading. how much money do you need to start forex trading
Big institutional traders do have an advantage in forex but that doesn't mean they will always win.
Both the institutional and small traders have equal opportunities in the forex market.
Yes, big traders may make more money than small traders but then even the losses will be big.
Small capital or big capital, the risk taken is the same. It is a common risk management method of not risking more than 1% of the total capital at any given time on any given trade.
What we want to infer from this is that traders must not get discouraged after they hear that they cannot make it big in forex if they start with less capital.
Traders that look to trading as a get rich quick scheme will never be able to succeed in it, as they will never be able to manage risk properly according to their expectations.
For instance, a trader with a capital of $100 will risk $1 per tr
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https://www.youtube.com/watch?v=yNhITbxFwUU
In this video, you will get to know is it all about win rate and risk to reward ratio. Risk to reward ratio is an amount you earn for the risk you take in the trade.
Win rate is the number of trades you win out of the total number of trades you take. I'm also going to talk about Expectancy rate and how to calculate it.
Visit Our Websites
Forex Monopoly - https://forexmonopoly.com
Cryptos Monopoly - https://cryptosmonopoly.com/
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Facebook - https://www.facebook.com/Forex-Monopoly-324317611694125/?ref=bookmarks
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TradingView - https://in.tradingview.com/u/Drdrey/
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Our YouTube Channels
Forex Monopoly Shorts - https://www.youtube.com/channel/UCWVE6jNacSeOMJf5_Hak_Wg
Cryptos Monopoly - https://www.youtube.com/channel/UCCo2ofWp-CN5ODpDeMgVrfQ
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https://www.youtube.com/watch?v=yy_46f1Hr40
Daksh Trader's 30-Day Trading Challenge | DAY 9 ??
Hey everyone! Welcome back to Day 9 of my 30-Day Trading Challenge. Today's been a roller coaster of emotions and market movements, but that's what makes this challenge so thrilling! Dive in to see the ups, downs, strategies, and insights as I navigate today's trading landscape.
Daily insights into my trading strategies and decision-making processes
Real-time reactions to market changes
Honest reflections on wins, losses, and lessons learned
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https://www.youtube.com/watch?v=-nVLkkEzvCU
Different trading sessions in forex.
By the way, if you are new to this industry of forex trading. then join live forex trading sessions for beginners.
00:00 - What are Forex Trading Sessions?
00:46 - Forex trading sessions Explained
02:34 - Different Forex trading sessions
03:00 - Major Forex Trading Sessions
03:15 - Forex Asian Trading Session
03:49 - Forex London Trading Session
04:31 - Forex New York Trading Session
05:12 - Best Forex Trading Session
06:02 - Most Active Forex Trading Session
Forex Beginners Playlist - https://www.youtube.com/watch?v=0J1eQwCrF1k&list=PLyZpSboqR67qoy6gjHGZfS1z75w_xU61z
Now,
There are 4 different markets and these form 4 different forex trading sessions. And this Different forex trading session is given below.
The Sydney session, the Tokyo session, the London session and the
New York session.
The forex trading beings with the Sydney session and ends
with the New York session.
The Forex Trading Session explained stepwise.
Even though the forex market trading hours are divided into 4 sessions,
each of these sessions does not experience the same amount of activity
taking place during these hours.
The Forex Trading Session explained very easily on my YouTube channel.
Major forex trading sessions experience peak activity or high liquidity.
The Asian session, London session, and New York session.
Another Major forex trading session is
Asian forex session (Tokyo)
In this session markets of countries like Australia, China, New Zealand
and Russia begins their trading sessions.
At the start of each week's market, participants begin their activities from this session. This session is considered to be in action from 11 p.m. to 8 a.m. GMT.
The Asian session is the third most active session contributing to around 16% of total forex volumes.
European forex session (London)
In this time period markets of major countries like the UK, Germany and
France begins its trading session. Trading hours of the European
session begin at 7 a.m. and end at 4 p.m GMT. There is an overlap in
timings of the Asian and European sessions. This overlap leads to a
spurt in the volume of trading orders.
This session is considered to be the most active forex trading session as
a lot of volatility is seen in this time period. This session contributes to
roughly 43% of the total daily volume.
North American forex session i.e. New York trading sessions (New York)
The New York trading session forex is dominated by the US as
New York is considered to be an important financial hub. This session
begins at 12 noon and ends at 8 p.m. GMT. This session is the second
most active forex trading session as it contributes to 17% of the daily
volumes.
The European and American sessions make up for 60% of the total daily
forex volume.
And hence th
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https://www.youtube.com/watch?v=vKysyrtVAqs
In This Video I'm going tell the Secrets of Turtle Trading System and about the life story of a Trader Richard Dennis who turned $400 to $400Million using Turtle Trading Strategy.
Richard Dennis is also Known as The Man Behind Turtle Trading.
Lots of people teach others to trade, but you know what? There’s a
man who not only taught a bunch of people how to trade, but he
taught them so well that they profited around $175 million within 5
years.
Make sure to watch this video till the very end because I'm going to share 3 key lessons from Legendary Trader Richard Dennis life.
Visit Our Websites
Forex Monopoly - https://forexmonopoly.com
Cryptos Monopoly - https://cryptosmonopoly.com/
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Facebook - https://www.facebook.com/Forex-Monopoly-324317611694125/?ref=bookmarks
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Our YouTube Channels
Forex Monopoly Shorts - https://www.youtube.com/channel/UCWVE6jNacSeOMJf5_Hak_Wg
Cryptos Monopoly - https://www.youtube.com/channel/UCCo2ofWp-CN5ODpDeMgVrfQ
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https://www.youtube.com/watch?v=O34rRTnq0Mk
Hi, I am Daksh from ForexMonopoly and in this video, I am going to
tell you some misconceptions around minor currency pairs,
3 reasons why you should trade minor currency pairs and at the end, I will tell you if the minor currency pairs are better than major currency pairs.
So, make sure you watch this video till the end.
00:00 - Fact about Minor Currency Pair
00:45 - What are Minor Currency Pairs
01:07 - Myths about Minor Currency Pairs
01:26 - Myths about Minor Currency Pairs #1
03:38 - Myths about Minor Currency Pairs #2
04:28 - Myths about Minor Currency Pairs #3
06:10 Why you Should Trade Minor Currency Pairs ?
06:20 - Reason #1 Why you Should Trade Minor Currency Pairs
07:18 - Reason #2 Why you Should Trade Minor Currency Pairs
08:05 - Reason #3 Why you Should Trade Minor Currency Pairs
09:31 - Minor Currency Pairs advantage over Major Currency Pairs
10:02 - Are Minor Currency Pairs Better than Major Currency pairs
Forex Monopoly - https://forexmonopoly.com
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Instagram - https://www.instagram.com/forexmonopoly/
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https://www.youtube.com/watch?v=oBZZUZOFi5w