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FOREX TRADING
And how to do it
By: HailHydra (Mussolini)
TLDR:PDF for easier viewing
WHAT IS FOREX TRADING
Every day, foreign currencies go up and down in value relative to one another. As with anything that changes value, traders can profit from these movements. The forex market runs 24 hours a day, making it a very liquid market. What surprises many investors is the size of the forex market, which is actually the largest financial market on Earth.
HOW FOREX TRADING WORKS
Forex trading is similar to buying and selling other types of securities, like stocks. The main difference is that forex trading is done in pairs, such as EUR/USD (euro/U.S. dollar) or JPY/GBP (Japanese yen/British pound). When you make a forex trade, you sell one currency and buy another. You profit if the currency you buy moves up against the currency you sold.
For example, lets say the exchange rate between the euro and the U.S. dollar is 1.40 to 1. If you buy 1,000 euros, you would pay $1,400 U.S. dollars. If the currency rate later moves to 1.50 to 1, you can sell those euros for $1,500, generating a profit of $100.
STANDARD TRADING VS AUTOMATED TRADING
If you are manually trading forex , it is common for emotions to affect forex trading decisions. The failure of many strategies is often due to traders emotions rather than the strategy itself. Emotion can cause traders to enter trades late, exit trades early or take trades when they should not. People often confront greed, anger and fear during trading. They may even attempt to cover their losses by violating money management principles and end up with even more losses.
Automated forex trading is extremely mechanical and follows strict parameters. This approach can help eradicate the emotional pitfalls that some traders encounter. An obvious disadvantage of manual forex trading is that you cannot watch the trading screen for 24 hours a day, nor watch every Forex pair. This means that you will miss many good opportunities to trade. A robot has the advantage that it can run all day every day and analyze many FX pairs at the same time
Now for some requirements
1: Minimum deposit recommended $100 (BTC)
2: Auto trader License $80 1 month subscription $160 3 months $500 1 year $750 lifetime
3: Basic Computer With internet
How to create forex account
1. Go to https://kot4x.com/
2. Click signup
3. Fill out all the information required
4. Go to settings and enable 2FA (required for deposit)
5. Click on deposit and input how much BTC you want to transfer
6. Once funds are transferred they will show up on your dashboard
7. Click my accounts
8. Create an account (KOT 4X MT4 ECN)
9. Type should be USD
10. Leverage 500
11. Go back to dashboard and do internal transfer
12. Transfer type: wallet to metatrader, transfer from btc
13. Transfer to the account you just made.
14. Congratulations you just made and funded your forex account!
Now all thats left is to automate it!
Its quite simple. What we do is provide licenses to the trading software and you can choose what you want the bot to analyze.
The system will be fully automated running 24/7. Weve been trading etherium for the past few days on this and the results speak for themselves. It can work on 100$ accounts up to 100k or more depending on max orders set. This Ea will also work on US shares (stocks) in the forex broker pairs section. If youd like to subscribe to the auto trader, we will need only your account number which will be at the top of your account once your logged in to mt4 for a monthly license! Welcome aboard to the forex world and automated trading.
Dont believe me? Well I wouldnt either but a picture is worth a thousand words.
So if youre still interested add creativ3mindz#3640 on discord and tell him Mussolini sent you. As always this comes with support whenever were online and always willing to help out.
FOREX TRADING
And how to do it
By: HailHydra (Mussolini)
TLDR:PDF for easier viewing
WHAT IS FOREX TRADING
Every day, foreign currencies go up and down in value relative to one another. As with anything that changes value, traders can profit from these movements. The forex market runs 24 hours a day, making it a very liquid market. What surprises many investors is the size of the forex market, which is actually the largest financial market on Earth.
HOW FOREX TRADING WORKS
Forex trading is similar to buying and selling other types of securities, like stocks. The main difference is that forex trading is done in pairs, such as EUR/USD (euro/U.S. dollar) or JPY/GBP (Japanese yen/British pound). When you make a forex trade, you sell one currency and buy another. You profit if the currency you buy moves up against the currency you sold.
For example, lets say the exchange rate between the euro and the U.S. dollar is 1.40 to 1. If you buy 1,000 euros, you would pay $1,400 U.S. dollars. If the currency rate later moves to 1.50 to 1, you can sell those euros for $1,500, generating a profit of $100.
STANDARD TRADING VS AUTOMATED TRADING
If you are manually trading forex , it is common for emotions to affect forex trading decisions. The failure of many strategies is often due to traders emotions rather than the strategy itself. Emotion can cause traders to enter trades late, exit trades early or take trades when they should not. People often confront greed, anger and fear during trading. They may even attempt to cover their losses by violating money management principles and end up with even more losses.
Automated forex trading is extremely mechanical and follows strict parameters. This approach can help eradicate the emotional pitfalls that some traders encounter. An obvious disadvantage of manual forex trading is that you cannot watch the trading screen for 24 hours a day, nor watch every Forex pair. This means that you will miss many good opportunities to trade. A robot has the advantage that it can run all day every day and analyze many FX pairs at the same time
Now for some requirements
1: Minimum deposit recommended $100 (BTC)
2: Auto trader License $80 1 month subscription $160 3 months $500 1 year $750 lifetime
3: Basic Computer With internet
How to create forex account
1. Go to https://kot4x.com/
2. Click signup
3. Fill out all the information required
4. Go to settings and enable 2FA (required for deposit)
5. Click on deposit and input how much BTC you want to transfer
6. Once funds are transferred they will show up on your dashboard
7. Click my accounts
8. Create an account (KOT 4X MT4 ECN)
9. Type should be USD
10. Leverage 500
11. Go back to dashboard and do internal transfer
12. Transfer type: wallet to metatrader, transfer from btc
13. Transfer to the account you just made.
14. Congratulations you just made and funded your forex account!
Now all thats left is to automate it!
Its quite simple. What we do is provide licenses to the trading software and you can choose what you want the bot to analyze.
The system will be fully automated running 24/7. Weve been trading etherium for the past few days on this and the results speak for themselves. It can work on 100$ accounts up to 100k or more depending on max orders set. This Ea will also work on US shares (stocks) in the forex broker pairs section. If youd like to subscribe to the auto trader, we will need only your account number which will be at the top of your account once your logged in to mt4 for a monthly license! Welcome aboard to the forex world and automated trading.
Dont believe me? Well I wouldnt either but a picture is worth a thousand words.
So if youre still interested add creativ3mindz#3640 on discord and tell him Mussolini sent you. As always this comes with support whenever were online and always willing to help out.