BD Profit: The Only Low Risk Forex Robot With Real Results
The Forex Profit Calculator by FinanceBrokerage
18 years old with 10k to trade.
hi guys.. i’m actually 17 about to turn 18 in a few months, for about 6 months now i have been putting in hours and days learning forex trading and everything in between. when i’m 18 i get 10k to play with for forex. now my question is should i spread the 10 all over different brokers or one account with 10k in it. Also since i’m at my step fathers place i don’t have topay anything like expenses, rent, etc etc, i want to be able to move out around 21 years old achieving this thru forex profits is the ideal scenario. I think this is very possible... what do you guys think? what should be realistic expectations?
Hello everybody! I am a 21 year old student from Malaysia. I am planning to do trading and investments full time after I graduate with help from my uncle. There's a company outside of Malaysia that offers me an ROI depending on how much I invest as well as trading options for forex. Profits will be credited into my crypto wallet in the form of USDT and then sold off at my convenience into my savings account. I just wanted to know how should I file my personal income tax, if I even should in the first place. How would I know my annual income if my profit depends on whether or not I sell off the crypto or if it depends on whether or not my trades are successful? PS I'm just a student and I do not know much about taxes as I've never had a proper job before so any help is much appreciated. Thank you everyone! EDIT - All transactions are done with cryptocurrency, so first time deposit for initial investment will be done by buying crypto and depositing it into the investment, then monthly profit will be done by withdrawing crypto from the investment, then sold off to buyers at my convenience. EDIT2 - I already have an account with a small investment generating a small amount of money (below $500) monthly as pocket money for university use. Will be investing more once I graduate. Im curious as to when would I start paying taxes, considering I'm already earning a small amount of money from the investment?
I receive EITC and don’t want forex screwing it up. I can not have more than few K of investment income with this. So, is Forex profit income or investment income? Bonus question: We must pay tax on this. Does the 15.3% SS/Medicare self employment tax apply to Forex income?
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Pro 624 Trading System essentially: Initial we investigate the long haul graphs and hunt down the “financial situation” that is inclined to be supported for the accompanying 4 hours and peradventure for a given day. At Forex Profit Way, we provide a platform for check out all the Forex Profit Way Proficient 624 Forex Exchanges, Forex Profit Way Mt4 & Mt5 indicators, courses, signals, books, Trading Strategies that work, and more. For more information, you can visit our website online.
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Howdy Ladies & Gents, as the title suggest I'm looking to pursue trading as a viable supplementary income (Among other options) to my current wage. A little bit of background: I'm 23, living on my own in a relatively low rent place. I have very few outgoings and my only real hobby is gaming. I'm currently debt free, working full time. I have ~£6000 in "savings", although It was originally cash to buy a new gaming Pc but after a few stern words I was thinking of putting it to better use. There's a few questions I have that I'm hoping you guys can help me out with to help determine if this is something I should/could put time into. (To note my "savings" have been largely built from what was left from inheritance, my job is okay but not to the point I can pull six grand from my ass) Feasibility: The only real time I could dedicate to learning/trading is Mornings, Evenings and Weekends. I'm also guessing that six thousand isn't all that much when talking in trading terms . Do I have enough time to learn/trade? Do I have enough cash to start? As it is currently It's just sat in a debit account generating fuck all, so I'm looking at other options including Forex. Profit: I read a few articles/watched a few videos and people say that a "good" trader averages 10% during a pay period (Weekly/Monthly/Yearly). I'm taking that to mean a full time trader, so being realistic 10% is pretty far from my reach. Regardless, what kind of return could I expect from dedicating Mornings, Evenings and Weekends? Personality: If we're being honest here I'm not a massive fan of taking risks when it comes to my cash. Trading is risk, however I'm sure there's ways to minimize risk (but with corresponding less return I'm sure). I'm wondering if trading would even suit my personality? Thanks for taking the time to read, and even bigger thanks to any replies!
I'm filing my US income tax with income from Forex and was wondering if I can deduct the cost of hosting services and tech service that I needed to trade from the Forex profit, or should be enter as a deduction from the overall income. Forex profit = 3,600 ........what my broker statement reported Cost of tech services =2,600 ........indirect cost but have receipts Do I enter each desperately or just report profit as 1,000
What is the difference between the MT4 and MT5 forex trading platforms?
I actually struggled to understand and to forecast the signals in Forex. I Then identified a software program called Forex Profiter which helped me to determine the signals, so that I received more profit using Fx in a smart way. It's not a self-promotion, I cannot stop myself from detailing it's uses because of the profit I obtained from forex profiter. If you wish to learn more about MT5 indicators. Now I'll explain a better solution for your doubts Metatrader 5 uses a programming language called MQL5 as opposed to the MQL4 used by Metatrader 4. The exciting thing about MQL5 is that it allows “black box” programming which, in a nutshell, means that it is easier to program and so will logically be a better framework for users and developers of trading robots and other expert advisors. However, MetaQuotes expanded this capability into MQL4 in 2014, so it is not a difference between the platforms any more, although there is a likelihood that if the language is upgraded at some time in the future, MetaQuotes will not extend any upgrades into MQL4 as well as MQL5 It should be noted that there is no backwards compatibility. Programs written for Metatrader 4 cannot run on Metatrader 5. This can be a serious drawback for traders who were wishing to “upgrade”, and is a key reason why such a change shouldn’t be seen as an upgrade. It is true that Metatrader 5 retains two key programming-related advantages over Metatrader 4. Firstly, its back testing functions where you can test programmed trading strategies execute at a much faster speed, which is a feature that can save you a lot of time if you are the kind of trader who needs to run a large number of back tests. It also allows simultaneous multi-currency pair back testing. Together this can speed up back testing procedures immeasurably.
The foreign exchange market is where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate. One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney—across almost every time zone. This means that when the trading day in the U.S. ends, the forex market begins anew in Tokyo and Hong Kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly. To trade Forex, try ForexProfitWay
Guys, for those of you in the beginning stages of trading, a tip of advice that will save you. DON'T TAKE ADVICE FROM THE INTERNET. Look I have been trading on and off for four years. I laugh when people call me an expert. I am not. In fact, there is no such thing as a forex expert. You can't predict this shit. There are tools to help you make a prediction, but in the end of the day, forex is entropy. It is chaos and complete randomness. The next time someone tells you they are an expert, walk away. This shit isn't a science or get rich scheme. It is a way to expand disposable wealth, and by disposable I mean 10k minimum trading account. You aren't going to become a multimillion dollar LLC or have shell companies in belize to hold your forex profits over night, with your tiny 1k account. Keep it simple. Don't be stupid. Do your research, read, read, read. If you find yourself trading once or twice a week, because you are waiting for a particular price and your conditions of indicators. Good for you, that's what you should do. If it enters your set up, great, if not, oh well. And thats the hard part, patiece. Take for example a few days ago, i wanted to sell euro at 1.14, but the highest it went was 1.139. Oh well. We will get it next week. You are your own expert. By seeking others predictions and ideas, for example on tradingview, you are going to get overloaded with information. Great ideas, I will give you that, but you will find alot will contradict each other, though each one do have valid points and reasonig. Avoid that shit. The truth is you have to sit yourself for a day and look at the price action yourself, than see if the same pattern happens the second day, recognize that pattern than enter a trade. Don't use all your leverage. Go cheap and achieve small incrimental growth. Don't be a hero. You have to do everything yourself. I love this sub, but take everything "experts" tell you with a grain of salt. Good luck guys. And remember, there is no such thing as a forex "expert". Everyone is just winging it, no one really knows what they are talking about. You can't control entropy.
As more people have started bringing in great cash online trading forex, there's been plenty more people searching for information on trading forex. With that in mind, let's look at how forex trading works.The key idea is the same as the stock market.: Buy low and sell high. For example, the dollar from Canada is worth about seventy-five cents US right now. If you have reasons to believe that Canadian dollars will gain in value, it's wise to acquire CDN currency at 75 cents and sell them when the value jumps.Currency traders will take a lot of time probing pairs of currencies the and Canadian dollar are one example of a currency pair, looking for key indicators or economic indicators in order to see buy and sell transactions and make some money.Currency Traders also use forex computer trading programs that automatically the trader spot trading signals. Every professional will utilize this type of software as it will increase their profits by a huge amount.these programs can make be the difference between a profitable trader and someone who loses money. Obviously it's hard to confess that a piece of software is smarter than them, but many of the traders that are making lots of money owe it to some sort of currency program. https://preview.redd.it/p0gnx13l32n21.png?width=768&format=png&auto=webp&s=87e57a614750dcafc3afc1610017eda474d0e5cb Althought this may seem a bit perplexing or technical - especially for those who are unfamiliar with forex trading. It's nice to know that these programs have been designed - ordinarily by a group of industry professionals and mathematicians - so the programs can analyze the data and recognize money making trades that anyone with the program can make.If you're thinking about getting into forex trading, it's best to purchase some type of forex trading software like this so it can allow you to make money right away. Ordinarily, these programs will return some strong profits for the trader on autopilot. This allows you extra time to do further research on the markets and later on you will use both of the trades the forex program points out and the trading ideas you generate yourself based on you want to learn the best Forex scalping strategy? Scalpers in the currencies market usually find themselves making 6 or more trades per day, depending on the volatility of the markets on that day. It is very different from other methods of trading like swing and day trading. It requires a completely different set of strategies and mindset in order to profit successfully from it. It is very easy to lose money and get frustrated if the trader does not have the right scalping skills. There will also be times when the market is very difficult to scalp due to huge volatility; therefore it is a good idea to use scalping strategies together with breakout strategies and not just relying on scalping alone.The best time to make money is when the price of the currencies are not making significant up or down movements. This usually happens in about 70% to 80% of the time, and also depends on the inherent volatility of the currency pair.This period of time is also known as consolidation, and they usually range for a few hours and can last the entire day. The consolidation pattern ends when the price breaks up or down significantly above the resistance or below the key support levels.Looking for a review of the Forex Invasion online trading system? Many traders who have read about this brand new currency trading system are very curious to find out more about how it works and whether they can really benefit from it.There are many screenshots on its website showing how the owner, Steven Lee Jones, made consistent 5 figure profit trades weekly. It seemed too good to be true to me at first, and eventually I decided to purchase this new trading system to test it out for myself. Basically, you must first learn to understand the logic behind the system when you first read the written guide. The entire logic and analysis methods have been listed in formulas and step by step instructions that anyone can start using on the Forex charts to make money immediately Using the rules of the system, I will need to spend about 15 to 20 minutes per day looking at the conditions of the market. The system's rules tell me whether I have any suitable trades to make. If there is a profitable trading opportunity, I also get clear instructions on the amount I need to invest in the trade which depends on the size of my trading capital as well as how much profit and stop loss I should set for it.While everyone goes into the market hoping for forex profits, inevitably near 90% of everyone who jumps into the ring typically end up losing everything which they had invested. Still, if you take the time to school yourself in the market happenings, maybe demo trade with virtual money for a few months, long enough to get a firm grasp on what you're doing, currency exchanging can be a surprisingly strong way to control your own financial independence. https://genuinehealthreviews.com/cryptocurrency-codex-review/ https://healthreviewfactory.com/the-memory-hack-review/ https://genuinehealthreviews.com/einstein-success-code-review/
04-17 14:34 - 'Bitcoin is totally messed up with this decentralized exchanges. I moved to forex from the past month and doing really good. / PS. FOREX PROFITER made me some nice income. Just google over it, its a good alternative for the...' by /u/jakirabanu5 removed from /r/Bitcoin within 43-53min
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Using "Insane" Leverage to Outrun BTC Volatlity When Trading Stocks/Bonds/Forex/Commodities
TL;DR ![1BTC levered 1100x thin forex profit chart with 40 drop in BTC prices](http://ultra-coin.com/images/1BTC_levered_1100x_thin_forex_profit_chart_with_40_drop_in_BTC_prices.png) Even with the price of the underlying BTC dropping almost in half... Net of all transaction, transmission and leverage fees... Even with not the fattest in profits (well, maybe fat for a forex trader)... This trader was able to eek out a 8.1% profit exiting the trade. The ability to leverage "insane" can insulate the winning trade from normally deadly levels of BTC volatility and price fluctuation. An employee at Veritaseum asked me a very simple, but initially perplexing question last night. He said, "_All other parameters being equal, what's the difference between an order with 10 BTC principal at 1x leverage and 0% collateral, and an order with 1 BTC principal at 10x leverage at 900% collateral? Well, to answer that question, I want to direct everyone to our trade modeling spreadsheet (which definitely comes in handy when designing more complex trade setups and fleshing out less than obvious ideas). What I did to answer his question was to create the two trades independently using a forex setup. The first trade setup looked like this: ![1BTC levered 9x thin forex profit](http://ultra-coin.com/images/1BTC_levered_9x_thin_forex_profit.png) The trade looked like this at expiration (remember these are illustrative results, not necessarily or accurately indicative of actual trade results for a whole lot of mumbo jumbo legal reasons): ![10BTC thin forex profit](http://ultra-coin.com/images/10BTC_thin_forex_profit.png) This what the trade would have resulted in if we used 1BTC as the principal, 9 BTC as collateral and 10x leverage, which would have effectively given you the same amount of purchasing power with the same amount of capital committed. ![1BTC levered 9x thin forex profit chart](http://ultra-coin.com/images/1BTC_levered_9x_thin_forex_profit_chart.png) This is what would have happened to both trades above if BTC prices were to drop by a whopping 40% before the trade ended, but after the trade began... ![1BTC levered 9x thin forex profit chart with 40 drop in BTC prices](http://ultra-coin.com/images/1BTC_levered_9x_thin_forex_profit_chart_with_40_drop_in_BTC_prices.png) Yes, that would hurt, and it would hurt a lot! That chart was one of the biggest objections given to me about the new UltraCoin trading system, the need to be exposed to bitcoin volatility in order to trade. But, there's gold at the end of this rainbow. Check out what happens when we drastically ratchet up the leverage to levels insane! At 1,100x leverage, look at what happens to that same 1BTC trade with 9BTC collateral when winning a thin forex profit... ![1BTC levered 1100x thin forex profit chart with 40 drop in BTC prices](http://ultra-coin.com/images/1BTC_levered_1100x_thin_forex_profit_chart_with_40_drop_in_BTC_prices.png) That's correct! Even with the price of the underlying BTC dropping almost in half... Net of all transaction, transmission and leverage fees... Even with not the fattest in profits (well, maybe fat for a forex trader)... This trader was able to eek out a 8.1% profit exiting the trade. The ability to leverage "insane" can insulate the winning trade from normally deadly levels of BTC volatility and price fluctuation. If you don't believe me, look at the same trade setup, except in all cash with 1,100BTC and no leverage or collateral... ![1100BTC levered 1x thin forex profit chart with 40 drop in BTC prices](http://ultra-coin.com/images/1100BTC_levered_1x_thin_forex_profit_chart_with_40_drop_in_BTC_prices.png) I don't want anyone to think that insane leverage is a panacea, or even safe, for novice traders - but as you can see it does have its uses. I want to remind everybody that the leverage used is bounded (both on the profit and the loss side) by the principal+collateral posted. These next 4 charts tell the story. Look at the trade setup up wtih a 20% gross gain - levered 1,100% and unlevered (this is explicitly unlevered to illustrate a point, not the same purchasing power being put upfront in cash as modeled in the other examples above). ![1100BTC levered 1x with 20 forex profit chart with no drop in BTC prices](http://ultra-coin.com/images/1100BTC_levered_1x_with_20_forex_profit_chart_with_no_drop_in_BTC_prices.png) As you can see, we profits are bounded by the capital sent to the blochchain as escrow (you get a maximum of what you and your counterparty have agreed to commit to the transaction - and not necessarily 20% of the face price of the profit x 1,100%). Similarly, your losses are capped in the same fashion. Just for education's sake, this is the same trade with the entire amount put up as principal and no leverage or collateral. ![1100BTC levered 1x with 20 forex profit chart with no drop in BTC prices real](http://ultra-coin.com/images/1100BTC_levered_1x_with_20_forex_profit_chart_with_no_drop_in_BTC_prices_real.png) Basically, after fees, you get a little less than 1/4th the return, while having to commit a lot more capital. These trading concepts should come in handy this year when we tackle things such asthe Danish National Bank (their central bank) telling us things that Reggie just doesn't believe are sustainable. Feel free to reach to me personally if you have any questions.
Started my journey in June when I turned 18, the legal age required to trade in Canada. Ever since I dedicated myself to the craft of trading I can say it has made me more disciplined in many aspects in my life. I had to come up with strategies to remove overtrading and that 9-5 mentality of trading everyday. It took me some time to realize that trading everyday exposes your equity to a high amount of risk no matter how good the setup looks. Fast forward to November life is great I am making 15,000 per month and I am a funded FTMO trader. This is a manifestation of my efforts and energy going into the trading career that I have birthed. I love my life soo much I am financially free and I can consistently generate profits from the forex market. I started trading live in September, September and October were net negative months but the month of October was the month when I made over 1000 dollars in a day, This post is mainly to inspire others to never give up. My future is going to be amazing by the time. Always stay focused and never quit on something that you cant go 3 hours without thinking about it.
The best 3 ways to profit on Forex include the following: 1. Using a broker's leverage Several brokers provide some degree of leverage for their traders. The level of leverage offered is based on ... BD Profit Forex Robot is works with as little as $100. It's works on all brokers 4 and 5 digits - all leverage - all spreads. It's works on standard - mini - ecn - micro - cent account types accounts. BD Profit Forex Robot is works on all economic strong news also. You can use BD Profit Forex Robot with unlimited accounts (with any broker).. You will pay only 1 time payment for lifetime use. Since Forex Profit Strategy is based on day trading, the indicator and the. settings used in this strategy are based on the theory that the trades. should be placed as soon as possible to ensure maximum profit, but at. the same time such speed should not reduce the accuracy of trades. This System is setting for 60min chart. The indicators used are – 1. The 3 Moving Average smoothed and 6 ... Forex Profit Calculator by FinanceBrokerage is a simple tool that will help you determine a trade’s outcome. But it is also useful to know how this calculation is made to understand your profit or loss potential on each trade. To use the Forex Profit Calculator: Select the Currency Pair for the transaction; Select the Base Currency (the one that you purchase); Enter Selling or Opening Price ... Calculating Forex Profit and Loss. Online forex trading offers number of distinct advantages. Besides real time rates, your profit and loss is calculated on real time basis by the forex trading software and is displayed live online. Even though this is an important advantage in forex trading account but I strongly recommend that you must be aware about the methodology to calculate your profit ... Web Profit. Close. Print this page WebPROfit is an easy to use online trading platform allowing you to trade anytime from anywhere. This platform is based on cutting-edge trading technology which was designed with the user in mind. WebPROfit provides a real time customizable graphical representation of the market movements and of your trades. WebPROfit offers you various trading tools, news ... لأول مرة مدينة ووهان الصينية لا تسجل أي إصابة جديدة بفيروس كورونا. مارس 19, 2020 0 لم تسجل مدينة ووهان الصينية، بؤرة تفشي فيروس كورونا في البلاد، أي إصابة جديدة وذلك للمرة الأولى فيما ارتفع عدد الإصابات الواردة إ... Forex Profit HeaperForex Profit Heaper is a trend following forex trading system. The Forex Profit Heaper is a fantastic forex trading strategy for the hardcore trend followers. Being able to make large profits by risking very less capital is one of the major advantages of this trading system and this is also the another reason why forex traders love this forex trading system. In a rigorous ... Forex Profit System, this is a forex strategy baased on SEFC Indicators. i use fxcm and found the profit rate varies. for example. for trade with 1k eur/jpy 7 pips gain=.65 $ usd/jpy 13 pips=1.57$ gbp/usd 8 pips = .90$ how can i position size them so they are of same value. ie Post # 2; Quote; Jun 15, 2020 5:29am Jun 15, 2020 5:29am Shabs19. Joined Aug 2006 Status: Member 2,320 Posts. Quoting junkone. Disliked. i use fxcm and found the profit rate varies. for ...
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