Elite Smart Forex Traders

10.03 € is the average daily loss of a Forex and CFD trader.

Let’s take a point of comparison with a pack of ci******es is € 7.30, or € 219 in costs per month if you smoke a pack per day.

Trading is therefore as expensive as smoking a packet per day (20 working days on average per month, i.e. 10.03 * 20 = 200.60 €

This is the equivalent of the average net salary in the EU, which is around € 2,000.

Each year, a Forex and CFD trader loses on average the equivalent of a month’s salary!

The market is open for 24 hours every day, but there is pick time and off pick time.

You have to know which time which currency is best bought or sold.

Forex market is the biggest financial market in the world, with its worth at $1.93 quadrillion, this 2.5 times bigger than the global GDP.

A whole lot of people make money with forex on a daily basis. It is possible to profit and be financially free.

It may take a whole lot of training before you can fully understand how the market works and we are here to hold your hand through the learning journey.

Forex has an unlimited numbers of indicators, some of which are

Average True Range
Bollinger Band indicator
Commodity Channel Index
DeMarker Indicator
Envelope Indicator
And lots more... Stay with this page and you can learn about them all in due time.

The market is open for 24 hours every day, but there is pick time and off pick time.

You have to know which time which currency is best bought or sold.

Bearish and Bear Market is determined by the decline in prices

A forex market is said to be bearish when prices of currency are dropping, smart people buy the Bear and sell Bull.

Are you still interested in trading forex!

Bullish and Bull Market is determined by the increase in prices

The difference between the ASK Price and the Bid Price is known as the spread. “Brokages Typically increase the spread they receive from their market provider as compensation for their service to the end customer, rather than charge a transaction fee.

Many people get this mixed up and we would love to clarify it for you.

Forex - As the name implies it is just, For(eign) ex (change) this is just the currency market, where you trade currencies

Binary Options: This is a type of option which has a fixed payout in which you predict the outcome from two possible results, either up or down.

Bitcoin: Created in 2009, used to purchase items from companies supporting coins. Basically Bitcoin is a digital currency.