New Traders Forum

The Impact of Dubai Accepting Cryptocurrency as Valid Salary Payment

By QuoMarkets Oct 29, 2024 at 05:15
Dubai, known for its innovation and forward-thinking policies, has once again captured global attention by allowing cryptocurrency as a valid form of salary payment. This groundbreaking move reshapes Dubai’s financial landscape and sets a benchmark for other regions worldwide. In this article, we will explore how this development affects empl...
0 Replies 83 Views
Last post by QuoMarkets Oct 29, 2024 at 05:15

Looking for Advice on Investing a Small Inheritance in Forex

By johnyymalee Oct 22, 2024 at 06:00
Hi Johny I think it is great that you are learning what is your plan to keep your money safe while your learn?(guidance number 1) I can advise you to also focus more on understanding what defines risk when trading in the forex market and how it can work to benefit you in the long run before you think of investing your money. Lastly, I use automated...
1 Replies 90 Views
Last post by FXDecap2519 Oct 22, 2024 at 06:26

I am new to Forex and I am about to start my first trades.

By Oliveira27trader Jun 05, 2024 at 18:18
You're on the right track with MACD and the moving average, but just a heads up—1:1000 leverage with only $1,000 is pretty risky. One bad trade could wipe you out fast, even if your strategy is solid. I’d suggest dialing back the leverage and focusing on risk management first. Day trading is no joke, and it’s better to play it...
33 Replies 928 Views
Last post by JaceMilo Oct 21, 2024 at 10:35

Any opinions or market advice provided in the community sections are not necessarily the opinions of Myfxbook or its affiliates. The comments and opinions posted are of traders who may or may not be experienced. The comments are not reviewed or researched by Myfxbook.com or its affiliates. If you choose to make decisions or place trades based upon the comments, you are doing so at your own risk. Myfxbook and its affiliates are not responsible for any losses incurred due to the use of the content provided.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.