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what is forex trading

what is forex trading

"Limiting arms trading, I'm a civilian product, okay?"

"Limiting arms trading, I'm a civilian product, okay?"

Wang Ye was reborn back to 1982. As a graduate of Huqing University, he voluntarily took on the role of director at the Red Star Military Factory to carry out military-to-civilian reform. "We agreed on military-to-civilian conversion, so what's with this gas cylinder?" When Wang Ye's superiors saw the first product he developed for the Red Star Military Factory, they were stunned! And all of this was because Wang Ye was very clear. In that year, China's reform and opening up progressed in an orderly manner, making way for economic construction. Countless military projects were shelved, and it was said that selling tea eggs was more profitable than making rockets. In that year, Eagle Sauce and Bear Fur were engaged in fierce competition internationally with their lackeys, little did they know that a few years later, Bear Fur would collapse, China's pressure would reach its peak, and the need for weapons would be sorely felt! "Economic development is crucial, but military industry cannot be neglected! Since the country has no money, then we in the military industry will earn it ourselves!" From that day on, the Red Star Machinery Factory, undergoing military-to-civilian transformation, embarked on an unprecedented path of development. It merged military and civilian aspects, treating customers as gods in military matters, while maintaining military quality in civilian use. Finally, when more and more Red Star Machinery Factory products appeared internationally, Eagle Sauce and Bear Fur were utterly dumbfounded! "Internal threaded steel pipe? Flammable and explosive gas cylinder? Gyroscopic tricycle? Multi-tube fire-fighting rocket launcher? Pickup truck with rainmaking artillery? Tracked tractor? Cruise self-destructing drone?" "And you call these civilian products? Rabbit, you have no sense of honor!"
History
84 Chs
Forex Trading Beginner Books
The recommended introductory books on foreign exchange speculation are as follows: 1. Introduction to Foreign Exchange Speculation ( ·Bogel) This was a very classic introductory book on foreign exchange speculation. It introduced the basic knowledge of foreign exchange investment, trading strategies, and risk control methods. The book also included some practical cases and experiences that were very suitable for beginners to learn and refer to. 2. The Foreign Exchange Market (by Stanham) Forex Market is a book on the forex market that covers all aspects of the forex market, including market history, trading strategies, technical indicators, and risk management. This book is very practical and can help readers better understand the foreign exchange market and develop a trading strategy that suits them. 3."The Real Fight of Foreign Exchange Speculation"( ·Schule) "The Real Fight of Foreign Exchange Speculation" was a book that introduced foreign exchange speculation strategies. It showed how to use different trading strategies to speculate in foreign exchange through practical cases. The book also includes some risk management and mentality adjustment methods to help readers better master the techniques and strategies of foreign exchange speculation. The above are some of the recommended books on foreign exchange speculation. You can choose the books that suit your interests and needs to learn.
1 answer
2024-09-21 06:45
What are some forex day trading success stories?
There's a trader named Sarah. She was initially attracted to forex day trading because of its potential for high returns. Sarah attended many trading webinars and read numerous books on forex trading. She used a combination of technical and fundamental analysis. Her big break came when she accurately predicted the movement of the EUR/USD pair during a major economic event. This led to a significant profit in a single day, and she has been successful ever since, growing her trading account steadily.
2 answers
2024-11-26 13:42
What are the key elements in successful forex trading stories?
One key element is knowledge. Traders need to understand market trends, economic factors, etc. Another is discipline. For example, not over - trading or not following emotions blindly. Risk management is also crucial, like setting stop - losses.
3 answers
2024-11-17 20:29
What are the key elements in trading forex success stories?
Well, in trading forex success stories, patience plays a big role. Traders often have to wait for the right market conditions. Good money management is essential too. They should not risk too much of their capital on a single trade. And having a well - defined trading strategy, whether it's based on trend following or range trading, is important. Also, the ability to adapt to market changes quickly can be a deciding factor in success.
1 answer
2024-12-11 02:07
What are the common elements in forex trading horror stories?
Often, overconfidence plays a role. Traders think they can predict the market accurately and take big risks without considering the consequences. Also, some traders don't fully understand the forex market. They jump in without proper education and end up making costly mistakes. For instance, not being aware of how economic events can impact currency values. It's like going into a battle without knowing your enemy. This lack of knowledge can lead to horror - story - like losses in forex trading.
2 answers
2024-12-05 21:07
Are there common characteristics in a forex trading success story?
Definitely. A common trait is having a well - defined trading plan. In a forex trading success story, the trader would have set clear goals, entry and exit points. They also have strong self - control. They can resist the urge to overtrade, which is a common pitfall for many. Additionally, they often have good market knowledge. They understand how different factors influence currency values.
1 answer
2024-12-08 11:27
What are the common elements in online forex trading success stories?
In online forex trading success stories, a common thread is the ability to manage emotions. Fear and greed can be the downfall of traders. Successful ones keep their emotions in check. They also start small and gradually build up their trading capital. They test different trading strategies on demo accounts first. This way, they can find what works best for them without risking too much real money. They also diversify their trades across different currency pairs to spread the risk.
1 answer
2024-11-29 17:41
What are the key elements in online forex trading success stories?
In online forex trading success stories, a strong trading strategy is often present. This could be based on trends, like following the direction of long - term moving averages. Also, continuous learning is important. Successful traders keep up with the latest news and trading techniques. They adapt to changing market conditions. For instance, if there's a shift in central bank policies, they adjust their trading strategies accordingly. Moreover, having the right mindset, being patient and not being influenced by emotions like fear and greed, is essential.
2 answers
2024-11-27 23:05
What are some common elements in forex day trading success stories?
One common element is knowledge. Traders who are successful usually have a good understanding of market analysis, like technical and fundamental analysis. Another is discipline. They follow their trading plans strictly and don't let emotions like greed or fear control their actions.
1 answer
2024-11-22 10:30
What can we learn from forex trading success stories?
From forex trading success stories, we can learn the importance of risk management. Successful traders always have a plan to limit their losses. For example, they set stop - loss orders. Also, discipline is key. They stick to their trading strategies and don't let emotions like greed or fear overtake them. Another aspect is continuous learning. They keep up with market trends and economic news to make informed decisions.
2 answers
2024-11-10 03:47
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