If you’re on youtube, i’m sure you’ve seen financial guru ads or money making ads. As a trading guru myself, i want to share with you from an insider’s perspective about trading ads and money earning ads. Same applies to forex trading ads, don’t buy into everything that financial gurus promote because there’s lots of conflict of interest behind the scenes.
In any industry, there are fake gurus and real gurus. Just take some time to research which mentor or guru to learn from. Don’t just jump the gun and buy a course out of pure greed.
The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.
Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.
Singapore youtuber profile:
Karen Foo is Singapore trader, investor, financial trainer, author, motivational speaker and international speaker. Her content on Youtube and Tiktok has helped tons of traders around the world to master trading.
Karen is actively involved in speaking at various financial conferences, seminars, expos, workshops and publicly-held events in Singapore, Malaysia, Thailand & Vietnam. She has shared the stage with top investment gurus and CEOs at the various conferences she has spoken at. She is also a TEDx speaker.
Having overcome numerous setbacks in her life, she has gone on to inspire hundreds and thousands of youths, working executives and leaders of various companies with her stories.
Being labelled as the “quietest student and underachiever” throughout her life, she went on to win numerous awards in public speaking contests, traders awards, academic awards & scholarships.
She graduated with a business degree specializing in banking and finance from Nanyang Technological University where she was listed as a featured alumnus. She was also nominated for NTU’s social responsibility gold medal award for her various contributions to charity. While in university, she was already interviewed by Singapore’s national TV, Channel News Asia as a young investor.
She is also the contest judge for numerous public speaking contests held around Singapore, ranging from club level to National level contests. She also represented her university 2 times at a national public speaking competition.
She was also featured in TV, radio, magazines and documentaries for her academic & career achievements. She has also written financial articles for her university newspaper and Singapore’s popular news platform, The Strait Times.
She was voted as the “Best Trading Guru in Singapore” by Traders Awards 2019. She was also given the “Top Popular Analyst in Asia” award by Wikiexpo.
Karen represented her university in a trading competition and managed to rank #1 in a Singapore nationwide Forex trading competition, competing with over 200 traders from NUS, NTU, SIM, SMU & the 5 polytechnics based in Singapore. She was also ranked 10th in a contest organized by FX Street, competing with over 3000 traders from over 20 countries. She was also ranked top 3 in other Asian trading contests.
She is the author of “Fundamentals of Currency Trading”.
Her wide range of experience has also led her to co-author a book, “Turning Ideas into Profit” with 10 other experts and professional speakers. Karen is also a contributing author of an investment book titled “Your Cash Moves”, where all the proceeds are donated to the Singapore Children’s Cancer Foundation.
Karen Foo’s email: firstname.lastname@example.org
Manager’s email: email@example.com
Mitsubachi by Smith The Mister https://smiththemister.bandcamp.com
Smith The Mister https://bit.ly/Smith-The-Mister-YT
Free Download / Stream: http://bit.ly/mitsubachi
Music promoted by Audio Library https://youtu.be/0IgndUb1YQI
Beginner’s Guide to Boom and Crash Strategy
Beginner’s Guide to Boom and Crash Strategy
If you are a beginner to forex trading, you should know what currencies you can trade. There are two main types of currency trading: spot market and derivatives. The spot market is a financial market that allows you to trade commodities and securities instantly. Forex pairs are listed with the base currency first and the quote currency second. Major, minor, exotic, and regional pairs are available. When you trade currencies, you can take advantage of the difference in interest rates between the two currencies.
There are several ways to trade the forex market, but all involve buying and selling currencies simultaneously. For example, an American company with European operations might want to buy U.S. dollars to hedge their income in the event that the euro falls. Likewise, a British company selling blenders in Europe could buy U.S. dollars and sell them in Europe at parity with the euro to make a profit. Traders often call these purchases’strategic positions’ and use them as a way to protect themselves from unexpected changes in exchange rates.
Some strategies work better in volatile markets, such as the weekend, while others perform better during high-volume weeks. Moreover, certain traders focus on specific currency pairs and have strategies that are more suitable for those markets. The higher the volume of trading, the greater your profits. However, you must also understand that there are risks associated with forex trading. This means that you need to carefully evaluate the risks associated with your trades before making any final decisions. For example, you should not trade more than one pip if you do not fully understand all the factors that could impact the price.
Currency valuation is determined by macroeconomic factors and country-specific factors. You can use an economic calendar to keep up with important economic releases and trends. Interest rates are a major driver of Forex prices, and they can affect whether you should hold a currency long or short. The higher interest rates in a country affect the currency’s value. For this reason, currency values are highly volatile. This volatility is why currency traders must know as much as they can about the currency they are trading.
There are several types of risks associated with forex trading. Retail investors should be aware of these risks before committing their funds. Traders should seek advice and guidance from experienced forex brokers before they engage in currency trading. In addition, you should research the regulatory status of your broker to ensure that you can trade forex in a safe and secure manner. A regulated broker may offer you more protection in the event of a market crisis or bankruptcy. You should also look for account protections in case of a forex dealer’s bankruptcy.
Gaps are sharp breaks in price. These can occur in both directions. Weekend traders are less likely to create gaps than other traders. The opening and closing of gaps may be due to a few traders investing in the same direction. A few traders may spot this opportunity and trade in the opposite direction. Then you have a profit in your hands! So what can you expect from forex trading? There are many ways to earn money in this market!
Leverage is the ability to increase your exposure to the financial markets without using a lot of money. However, you can still lose a substantial amount of money if the trade does not work out. Traders who are not familiar with leverage should be cautious when investing with forex because it can be risky. A hefty margin can discourage some traders from forex trading. In addition to this risk, there are other advantages to Forex trading.
A position trade lasts months or years. A position trade requires knowledge of fundamental analysis and market trends. A line chart displays a currency’s closing price for a specified amount of time. Trend lines help develop trading strategies. They also identify breakouts and changes in trend. By understanding how these patterns of movement work, you can become a successful forex trader. It’s a lucrative profession and a great way to make a profit.
A newbie should understand how currency markets work before investing. Forex trading involves purchasing and selling one currency for another. Forex is a global market that is open round the clock. It is the most liquid and largest asset market in the world. Forex is the perfect place for those looking for a career that offers deep liquidity and 24 hour trading. It’s also a great place for those who want to learn more about currency markets. The only way to start trading successfully is to sign up!