Is forex trading worth it? - Business Matters

Is it worth paying for Forex trading courses?

I’ve been trading stocks here and there by using tips that I’ve learned off of countless hours of internet research and YouTube videos. My friend got interested in Forex trading because his friend said he made $1k in a day. I don’t believe in buying courses and I’ve told him that but he’s getting convinced on this because his friend bought a $300 course and uses some Forex program and ended up making that $1k a day. We are all 20 so $1k makes our mouths water, but my friend has absolutely no experience in any sort of trading. I know that most trading gurus make a lot, if not most, of their income from selling information so I don’t buy the idea that paying for a course will somehow have an impact on your trading abilities. I decided to join this Forex subreddit to see what any of your thoughts are. I’m pretty new to Forex as well so I’ll be sticking around just to learn.
tldr; my friend wants to buy a course to learn Forex but I don’t think it’s a good idea because all the info is free on the internet. Thoughts?
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iMarket Live Forex Trading. Is it worth it?

Not sure if this is the appropriate community for this but here goes nothing.
I recently got involved with IML which is a platform that teaches people how to forex. The catch? You have to pay a joining fee followed by a monthly fee. To dodge the monthly fee, you gotta bring in more people. It's a vicious cycle.
So why am I posting?
Is IML worth it. Obviously the people that brought me in will tell me it's not a scam. I find myself being pushed to recruit to bring people in. While there are opportunities to learn forex, the amount I've made so far is paltry.
There are opportunities to learn but the information is so much. And they keep pushing you to buy their products, i.e. gold cup? Which helps track trades better.
Right now, I don't know to trade and just receive signals on when it's a good time to trade. There's a groupchat/ support group but with 500 people, it's hard not to get lost in the sauce.
Condensing everything I've said:
TL;DR- I've recently gotten involved with IML forex trading and I'm wondering if joining up with this company to learn and do forex is actually worth it.
submitted by Alkedi44 to Scams [link] [comments]

Can I do Forex trading with my bank account? How is it taxed? And is it worth it?

I currently have Canadian and US bank accounts that let me convert money back and forth easily. The exchange rate between the two seems to fluctuate a fraction of a percent daily. I'm wondering if it's worth the time to continually flip money back and forth when the exchange rate is favorable on each side. Is this even legal to do without a proper Forex broker? Would my bank block me from doing this? How would this be taxed?
I'm thinking if I just had a 10k emergency fund in cash, I could flip it back and forth occasionally to make some profit, and I might get a higher yield than putting it in a savings account with a 0.5-1% rate.
submitted by ohThisUsername to personalfinance [link] [comments]

IsitBullshit: iMarket Live Academy Forex Trading. Is it worth it?

Not sure if this is the appropriate community for this but here goes nothing.
I recently got involved with IML which is a platform that teaches people how to forex. The catch? You have to pay a joining fee followed by a monthly fee. To dodge the monthly fee, you gotta bring in more people. It's a vicious cycle.
So why am I posting?
Is IML worth it. Obviously the people that brought me in will tell me it's not a scam. I find myself being pushed to recruit to bring people in. While there are opportunities to learn forex, the amount I've made so far is paltry.
There are opportunities to learn but the information is so much. And they keep pushing you to buy their products, i.e. gold cup? Which helps track trades better.
Right now, I don't know to trade and just receive signals on when it's a good time to trade. There's a groupchat/ support group but with 500 people, it's hard not to get lost in the sauce.
Condensing everything I've said:
TL;DR- I've recently gotten involved with IML forex trading and I'm wondering if joining up with this company to learn and do forex is actually worth it.
submitted by Alkedi44 to IsItBullshit [link] [comments]

People who earn money through trading, forex and etcetera what is your opinion is it worth it? Would you recommend it? Does it even work?

submitted by AcidAcesen to AskReddit [link] [comments]

Is it worth to get into Forex trading?

Hi
I recently stumbled across forex trading and have been training, reading books and learning a lot about it.
Is it worth to put 30$ in it and see it grow or am I just wasting my money?
Ps. I’ve trade a fake account and have made a decent amount of money
submitted by Coolguy1699 to personalfinance [link] [comments]

Is Forex Trading Really Worth It? New blog post!

Is Forex Trading Really Worth It? New blog post!
A brand new blog post about if you should really put the time and effort into forex trading.
Welcome to a new blog post. This blog post will be about Is Forex trading really worth it. Is it worth the time to learn? Please remember I am not a professional trader and I am not giving financial advice. These blog posts are here to guide and give my own opinion on trading the markets.
Is Forex trading really worth it?
Depends. What do you want to do in life? If you never had to work again, what would you want to do? For me personally, I want to travel and teach people how to be happy with whatever they want to do. Forex is a tool for me. Forex is not a lifestyle or something to show off for me personally. I see Forex as a system and tool that I can use to enable to me create the life I want. Of course, to get enough money from this tool, you will need to have a good amount of capital.
If you want to read more, here is the blog post.
https://www.jacobrudge.com/post/is-forex-trading-really-worth-it
https://preview.redd.it/ht8n5so0w2h41.png?width=1000&format=png&auto=webp&s=a1be1a97f27908990482305eb1670a51261f6e02
submitted by TradeHappy to u/TradeHappy [link] [comments]

Is Forex Trading Really Worth It? New blog post!

Is Forex Trading Really Worth It? New blog post! submitted by ForexTradingLive to u/ForexTradingLive [link] [comments]

If you like scalping in forex in every level I recommend you to Try it with Alpha scalper • It is worth paying …beacause of 30 day Money Back Guarantee Reasonable profit in 1 to 5 min trading every day Strong order support It is designed by professional scalper karl Dittman

If you like scalping in forex in every level I recommend you to Try it with Alpha scalper • It is worth paying …beacause of 30 day Money Back Guarantee Reasonable profit in 1 to 5 min trading every day Strong order support It is designed by professional scalper karl Dittman submitted by mh41389 to u/mh41389 [link] [comments]

Is trading on FOREX worth it?

Hi, I'm not very experienced in stock market but liked the idea of trading USD vs EURO as a part time gig. And Forex platforms seems to me the best option. While I'm not trying to get rich, getting 1% return a day should be more than enough for me, while playing safe.
If you traded on Forex before, what was your experience? is it worth it? is it a waste of time or can give you decent returns as long as you're not greedy and patient?
submitted by AndyTravelGuy314 to Entrepreneur [link] [comments]

is trading on the forex worth it?

i am just wondering ty
submitted by xyzclept to wallstreetbets [link] [comments]

Lessons from gaining 500% in a week & losing about half of it

Hello, just want to share my experience trading forex this week. So I had about $55 in my trading account and started trading GBPJPY on Monday. Won 3 out of 4 trades. But the big wins came from the XAUUSD dump this week in which I took a lot of trades and I got lucky. Felt surreal when my account reached $350 and should’ve probably stopped. But still decided to enter trades and that’s where things got pretty bad. I still have an open trade as of writing and my equity is down. XAUUSD is a beast! Been trading for almost a year now but not regularly and I only trade small amounts. This is the 1st time I made such gain and I’m not sure if I can do this again.
Here’s a screenshot: https://i.postimg.cc/ZY37hRJX/6-F33601-E-C36-A-4702-A31-B-49986022-D6-F6.jpg
Lesson learned:
**UPDATE: Been getting DMs asking about my strategy. I use price action and I don’t use any indicators. I draw 1-2 trend lines based from previous strong support and resistance. I want a clean chart as it’s easier for me. I also did 5 years worth of backtesting. My biggest issue, as I’m sure you’ve noticed, are sticking to my trading plan (stop looking at the chart all the time after entering a trade, and closing too soon due to reversals), and discipline (don’t FOMO and setting my goals).
I still don’t consider myself as a “trader” per se, so please do your own backtesting. I was also looking for the “best strategy” when I was starting out, until I realize that your results would largely depend on your attitude vs your strategy.
submitted by vongutom to Forex [link] [comments]

Former investment bank FX trader: Risk management part 3/3

Former investment bank FX trader: Risk management part 3/3
Welcome to the third and final part of this chapter.
Thank you all for the 100s of comments and upvotes - maybe this post will take us above 1,000 for this topic!
Keep any feedback or questions coming in the replies below.
Before you read this note, please start with Part I and then Part II so it hangs together and makes sense.
Part III
  • Squeezes and other risks
  • Market positioning
  • Bet correlation
  • Crap trades, timeouts and monthly limits

Squeezes and other risks

We are going to cover three common risks that traders face: events; squeezes, asymmetric bets.

Events

Economic releases can cause large short-term volatility. The most famous is Non Farm Payrolls, which is the most widely watched measure of US employment levels and affects the price of many instruments.On an NFP announcement currencies like EURUSD might jump (or drop) 100 pips no problem.
This is fine and there are trading strategies that one may employ around this but the key thing is to be aware of these releases.You can find economic calendars all over the internet - including on this site - and you need only check if there are any major releases each day or week.
For example, if you are trading off some intraday chart and scalping a few pips here and there it would be highly sensible to go into a known data release flat as it is pure coin-toss and not the reason for your trading. It only takes five minutes each day to plan for the day ahead so do not get caught out by this. Many retail traders get stopped out on such events when price volatility is at its peak.

Squeezes

Short squeezes bring a lot of danger and perhaps some opportunity.
The story of VW and Porsche is the best short squeeze ever. Throughout these articles we've used FX examples wherever possible but in this one instance the concept (which is also highly relevant in FX) is best illustrated with an historical lesson from a different asset class.
A short squeeze is when a participant ends up in a short position they are forced to cover. Especially when the rest of the market knows that this participant can be bullied into stopping out at terrible levels, provided the market can briefly drive the price into their pain zone.

There's a reason for the car, don't worry
Hedge funds had been shorting VW stock. However the amount of VW stock available to buy in the open market was actually quite limited. The local government owned a chunk and Porsche itself had bought and locked away around 30%. Neither of these would sell to the hedge-funds so a good amount of the stock was un-buyable at any price.
If you sell or short a stock you must be prepared to buy it back to go flat at some point.
To cut a long story short, Porsche bought a lot of call options on VW stock. These options gave them the right to purchase VW stock from banks at slightly above market price.
Eventually the banks who had sold these options realised there was no VW stock to go out and buy since the German government wouldn’t sell its allocation and Porsche wouldn’t either. If Porsche called in the options the banks were in trouble.
Porsche called in the options which forced the shorts to buy stock - at whatever price they could get it.
The price squeezed higher as those that were short got massively squeezed and stopped out. For one brief moment in 2008, VW was the world’s most valuable company. Shorts were burned hard.

Incredible event
Porsche apparently made $11.5 billion on the trade. The BBC described Porsche as “a hedge fund with a carmaker attached.”
If this all seems exotic then know that the same thing happens in FX all the time. If everyone in the market is talking about a key level in EURUSD being 1.2050 then you can bet the market will try to push through 1.2050 just to take out any short stops at that level. Whether it then rallies higher or fails and trades back lower is a different matter entirely.
This brings us on to the matter of crowded trades. We will look at positioning in more detail in the next section. Crowded trades are dangerous for PNL. If everyone believes EURUSD is going down and has already sold EURUSD then you run the risk of a short squeeze.
For additional selling to take place you need a very good reason for people to add to their position whereas a move in the other direction could force mass buying to cover their shorts.
A trading mentor when I worked at the investment bank once advised me:
Always think about which move would cause the maximum people the maximum pain. That move is precisely what you should be watching out for at all times.

Asymmetric losses

Also known as picking up pennies in front of a steamroller. This risk has caught out many a retail trader. Sometimes it is referred to as a "negative skew" strategy.
Ideally what you are looking for is asymmetric risk trade set-ups: that is where the downside is clearly defined and smaller than the upside. What you want to avoid is the opposite.
A famous example of this going wrong was the Swiss National Bank de-peg in 2012.
The Swiss National Bank had said they would defend the price of EURCHF so that it did not go below 1.2. Many people believed it could never go below 1.2 due to this. Many retail traders therefore opted for a strategy that some describe as ‘picking up pennies in front of a steam-roller’.
They would would buy EURCHF above the peg level and hope for a tiny rally of several pips before selling them back and keep doing this repeatedly. Often they were highly leveraged at 100:1 so that they could amplify the profit of the tiny 5-10 pip rally.
Then this happened.

Something that changed FX markets forever
The SNB suddenly did the unthinkable. They stopped defending the price. CHF jumped and so EURCHF (the number of CHF per 1 EUR) dropped to new lows very fast. Clearly, this trade had horrific risk : reward asymmetry: you risked 30% to make 0.05%.
Other strategies like naively selling options have the same result. You win a small amount of money each day and then spectacularly blow up at some point down the line.

Market positioning

We have talked about short squeezes. But how do you know what the market position is? And should you care?
Let’s start with the first. You should definitely care.
Let’s imagine the entire market is exceptionally long EURUSD and positioning reaches extreme levels. This makes EURUSD very vulnerable.
To keep the price going higher EURUSD needs to attract fresh buy orders. If everyone is already long and has no room to add, what can incentivise people to keep buying? The news flow might be good. They may believe EURUSD goes higher. But they have already bought and have their maximum position on.
On the flip side, if there’s an unexpected event and EURUSD gaps lower you will have the entire market trying to exit the position at the same time. Like a herd of cows running through a single doorway. Messy.
We are going to look at this in more detail in a later chapter, where we discuss ‘carry’ trades. For now this TRYJPY chart might provide some idea of what a rush to the exits of a crowded position looks like.

A carry trade position clear-out in action
Knowing if the market is currently at extreme levels of long or short can therefore be helpful.
The CFTC makes available a weekly report, which details the overall positions of speculative traders “Non Commercial Traders” in some of the major futures products. This includes futures tied to deliverable FX pairs such as EURUSD as well as products such as gold. The report is called “CFTC Commitments of Traders” ("COT").
This is a great benchmark. It is far more representative of the overall market than the proprietary ones offered by retail brokers as it covers a far larger cross-section of the institutional market.
Generally market participants will not pay a lot of attention to commercial hedgers, which are also detailed in the report. This data is worth tracking but these folks are simply hedging real-world transactions rather than speculating so their activity is far less revealing and far more noisy.
You can find the data online for free and download it directly here.

Raw format is kinda hard to work with

However, many websites will chart this for you free of charge and you may find it more convenient to look at it that way. Just google “CFTC positioning charts”.

But you can easily get visualisations
You can visually spot extreme positioning. It is extremely powerful.
Bear in mind the reports come out Friday afternoon US time and the report is a snapshot up to the prior Tuesday. That means it is a lagged report - by the time it is released it is a few days out of date. For longer term trades where you hold positions for weeks this is of course still pretty helpful information.
As well as the absolute level (is the speculative market net long or short) you can also use this to pick up on changes in positioning.
For example if bad news comes out how much does the net short increase? If good news comes out, the market may remain net short but how much did they buy back?
A lot of traders ask themselves “Does the market have this trade on?” The positioning data is a good method for answering this. It provides a good finger on the pulse of the wider market sentiment and activity.
For example you might say: “There was lots of noise about the good employment numbers in the US. However, there wasn’t actually a lot of position change on the back of it. Maybe everyone who wants to buy already has. What would happen now if bad news came out?”
In general traders will be wary of entering a crowded position because it will be hard to attract additional buyers or sellers and there could be an aggressive exit.
If you want to enter a trade that is showing extreme levels of positioning you must think carefully about this dynamic.

Bet correlation

Retail traders often drastically underestimate how correlated their bets are.
Through bitter experience, I have learned that a mistake in position correlation is the root of some of the most serious problems in trading. If you have eight highly correlated positions, then you are really trading one position that is eight times as large.
Bruce Kovner of hedge fund, Caxton Associates
For example, if you are trading a bunch of pairs against the USD you will end up with a simply huge USD exposure. A single USD-trigger can ruin all your bets. Your ideal scenario — and it isn’t always possible — would be to have a highly diversified portfolio of bets that do not move in tandem.
Look at this chart. Inverted USD index (DXY) is green. AUDUSD is orange. EURUSD is blue.

Chart from TradingView
So the whole thing is just one big USD trade! If you are long AUDUSD, long EURUSD, and short DXY you have three anti USD bets that are all likely to work or fail together.
The more diversified your portfolio of bets are, the more risk you can take on each.
There’s a really good video, explaining the benefits of diversification from Ray Dalio.
A systematic fund with access to an investable universe of 10,000 instruments has more opportunity to make a better risk-adjusted return than a trader who only focuses on three symbols. Diversification really is the closest thing to a free lunch in finance.
But let’s be pragmatic and realistic. Human retail traders don’t have capacity to run even one hundred bets at a time. More realistic would be an average of 2-3 trades on simultaneously. So what can be done?
For example:
  • You might diversify across time horizons by having a mix of short-term and long-term trades.
  • You might diversify across asset classes - trading some FX but also crypto and equities.
  • You might diversify your trade generation approach so you are not relying on the same indicators or drivers on each trade.
  • You might diversify your exposure to the market regime by having some trades that assume a trend will continue (momentum) and some that assume we will be range-bound (carry).
And so on. Basically you want to scan your portfolio of trades and make sure you are not putting all your eggs in one basket. If some trades underperform others will perform - assuming the bets are not correlated - and that way you can ensure your overall portfolio takes less risk per unit of return.
The key thing is to start thinking about a portfolio of bets and what each new trade offers to your existing portfolio of risk. Will it diversify or amplify a current exposure?

Crap trades, timeouts and monthly limits

One common mistake is to get bored and restless and put on crap trades. This just means trades in which you have low conviction.
It is perfectly fine not to trade. If you feel like you do not understand the market at a particular point, simply choose not to trade.
Flat is a position.
Do not waste your bullets on rubbish trades. Only enter a trade when you have carefully considered it from all angles and feel good about the risk. This will make it far easier to hold onto the trade if it moves against you at any point. You actually believe in it.
Equally, you need to set monthly limits. A standard limit might be a 10% account balance stop per month. At that point you close all your positions immediately and stop trading till next month.

Be strict with yourself and walk away
Let’s assume you started the year with $100k and made 5% in January so enter Feb with $105k balance. Your stop is therefore 10% of $105k or $10.5k . If your account balance dips to $94.5k ($105k-$10.5k) then you stop yourself out and don’t resume trading till March the first.
Having monthly calendar breaks is nice for another reason. Say you made a load of money in January. You don’t want to start February feeling you are up 5% or it is too tempting to avoid trading all month and protect the existing win. Each month and each year should feel like a clean slate and an independent period.
Everyone has trading slumps. It is perfectly normal. It will definitely happen to you at some stage. The trick is to take a break and refocus. Conserve your capital by not trading a lot whilst you are on a losing streak. This period will be much harder for you emotionally and you’ll end up making suboptimal decisions. An enforced break will help you see the bigger picture.
Put in place a process before you start trading and then it’ll be easy to follow and will feel much less emotional. Remember: the market doesn’t care if you win or lose, it is nothing personal.
When your head has cooled and you feel calm you return the next month and begin the task of building back your account balance.

That's a wrap on risk management

Thanks for taking time to read this three-part chapter on risk management. I hope you enjoyed it. Do comment in the replies if you have any questions or feedback.
Remember: the most important part of trading is not making money. It is not losing money. Always start with that principle. I hope these three notes have provided some food for thought on how you might approach risk management and are of practical use to you when trading. Avoiding mistakes is not a sexy tagline but it is an effective and reliable way to improve results.
Next up I will be writing about an exciting topic I think many traders should look at rather differently: news trading. Please follow on here to receive notifications and the broad outline is below.
News Trading Part I
  • Introduction
  • Why use the economic calendar
  • Reading the economic calendar
  • Knowing what's priced in
  • Surveys
  • Interest rates
  • First order thinking vs second order thinking
News Trading Part II
  • Preparing for quantitative and qualitative releases
  • Data surprise index
  • Using recent events to predict future reactions
  • Buy the rumour, sell the fact
  • The mysterious 'position trim' effect
  • Reversals
  • Some key FX releases
***

Disclaimer:This content is not investment advice and you should not place any reliance on it. The views expressed are the author's own and should not be attributed to any other person, including their employer.
submitted by getmrmarket to Forex [link] [comments]

Tech only Portfolios are too RISKY

I assume those of you on this sub are investing, not gambling. I also assume that y'all care about risk. If so, please read on.
I feel like several times a day I see a "portfolio" advice post for "portfolios" that is 100% tech. IMO, these portfolios will perform poorly and have extreme amounts of risk. In a loose sense, portfolios seek to balance many different equities to achieve an optimal risk/reward. This is done through diversification. If you're 100% tech (especially if it's only US tech) you have little to no diversification. If you want extreme risk, you're better off trading individual stock, options or even FOREX.
Why: There is a reasonable chance of a tech correction


Import case study (thanks investing)
Will all this actually happen?: Maybe, maybe not. I just wanted to show y'all that it's not unreasonable. Hence you must diversify to minimize downside risk.
What to do :
Even the pros love tech, but they're not 100% tech: https://wallethub.com/edu/hedge-fund-stocks/38113/
I'm long tech, buy it frequently and it makes up ~15-20% of my portfolio.
Edit: Nice example, I looked at what happened right before the last tech crash:
https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2000&firstMonth=8&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&portfolioNames=true&portfolioName1=Tech+Mutual+Fund&portfolioName2=SP+500&portfolioName3=Mix&symbol1=FSPTX&allocation1_1=100&allocation1_3=50&symbol2=SPY&allocation2_2=100&allocation2_3=50

submitted by z109620 to ETFs [link] [comments]

THROW YOUR FD's in FDS

Factset: How You can Invest in Hedge Funds’ Biggest Investment
Tl;dr FactSet is the most undervalued widespread SaaS/IT solution stock that exists
If any of you have relevant experience or are friends with people in Investment Banking/other high finance, you know that Factset is the lifeblood of their financial analysis toolkit if and when it’s not Bloomberg, which isn’t even publicly traded. Factset has been around since 1978 and it’s considered a staple like Bloomberg in many wealth management firms, and it offers some of the easiest to access and understandable financial data so many newer firms focused less on trading are switching to Factset because it has a lot of the same data Bloomberg offers for half the cost. When it comes to modern financial data, Factset outcompetes Reuters and arguably Bloomberg as well due to their API services which makes Factset much more preferable for quantitative divisions of banks/hedge funds as API integration with Python/R is the most important factor for vast data lakes of financial data, this suggests Factset will be much more prepared for programming making its way into traditional finance fields. According to Factset, their mission for data delivery is to: “Integrate the data you need with your applications, web portals, and statistical packages. Whether you need market, company, or alternative data, FactSet flexible data delivery services give you normalized data through APIs and a direct delivery of local copies of standard data feeds. Our unique symbology links and aggregates a variety of content sources to ensure consistency, transparency, and data integrity across your business. Build financial models and power customized applications with FactSet APIs in our developer portal”. Their technical focus for their data delivery system alone should make it stand out compared to Bloomberg, whose UI is far more outdated and complex on top of not being as technically developed as Factset’s. Factset is the key provider of buy-side portfolio analysis for IBs, Hedge funds, and Private Equity firms, and it’s making its way into non-quantitative hedge funds as well because quantitative portfolio management makes automation of risk management and the application of portfolio theory so much easier, and to top it off, Factset’s scenario analysis and simulation is unique in its class. Factset also is able to automate trades based on individual manager risk tolerance and ML optimization for Forex trading as well. Not only does Factset provide solutions for financial companies, they are branching out to all corporations now and providing quantitative analytics for them in the areas of “corporate development, M&A, strategy, treasury, financial planning and analysis, and investor relations workflows”. Factset will eventually in my opinion reach out to Insurance Risk Management a lot more in the future as that’s a huge industry which has yet to see much automation of risk management yet, and with the field wide open, Factset will be the first to take advantage without a shadow of a doubt. So let’s dig into the company’s financials now:
Their latest 8k filing reported the following:
Revenue increased 2.6%, or $9.6 million, to $374.1 million compared with $364.5 million for the same period in fiscal 2019. The increase is primarily due to higher sales of analytics, content and technology solutions (CTS) and wealth management solutions.
Annual Subscription Value (ASV) plus professional services was $1.52 billion at May 31, 2020, compared with $1.45 billion at May 31, 2019. The organic growth rate, which excludes the effects of acquisitions, dispositions, and foreign currency movements, was 5.0%. The primary contributors to this growth rate were higher sales in FactSet's wealth and research workflow solutions and a price increase in the Company's international region
Adjusted operating margin improved to 35.5% compared with 34.0% in the prior year period primarily as a result of reduced employee-related operating expenses due to the coronavirus pandemic.
Diluted earnings per share (EPS) increased 11.0% to $2.63 compared with $2.37 for the same period in fiscal 2019.
Adjusted diluted EPS rose 9.2% to $2.86 compared with $2.62 in the prior year period primarily driven by an improvement in operating results.
The Company’s effective tax rate for the third quarter decreased to 15.0% compared with 18.6% a year ago, primarily due to an income tax expense in the prior year related to finalizing the Company's tax returns with no similar event for the three months ended May 31, 2020.
FactSet increased its quarterly dividend by $0.05 per share or 7% to $0.77 marking the fifteenth consecutive year the Company has increased dividends, highlighting its continued commitment to returning value to shareholders.
As you can see, there’s not much of a negative sign in sight here.
It makes sense considering how FactSet’s FCF has never slowed down:
https://preview.redd.it/frmtdk8e9hk51.png?width=276&format=png&auto=webp&s=1c0ff12539e0b2f9dbfda13d0565c5ce2b6f8f1a

https://preview.redd.it/6axdb6lh9hk51.png?width=593&format=png&auto=webp&s=9af1673272a5a2d8df28f60f4707e948a00e5ff1
FactSet’s annual subscriptions and professional services have made its way to foreign and developing markets, and many of them are opting for FactSet’s cheaper services to reduce costs and still get copious amounts of data and models to work with.
Here’s what FactSet had to say regarding its competitive position within the market of providing financial data in its last 10k: “Despite competing products and services, we enjoy high barriers to entry and believe it would be difficult for another vendor to quickly replicate the extensive databases we currently offer. Through our in-depth analytics and client service, we believe we can offer clients a more comprehensive solution with one of the broadest sets of functionalities, through a desktop or mobile user interface or through a standardized or bespoke data feed.” And FactSet is confident that their ML services cannot be replaced by anybody else in the industry either: “In addition, our applications, including our client support and service offerings, are entrenched in the workflow of many financial professionals given the downloading functions and portfolio analysis/screening capabilities offered. We are entrusted with significant amounts of our clients' own proprietary data, including portfolio holdings. As a result, our products have become central to our clients’ investment analysis and decision-making.” (https://last10k.com/sec-filings/fds#link_fullReport), if you read the full report and compare it to the most recent 8K, you’ll find that the real expenses this quarter were far lower than expected by the last 10k as there was a lower than expected tax rate and a 3% increase in expected operating margin from the expected figure as well. The company also reports a 90% customer retention rate over 15 years, so you know that they’re not lying when they say the clients need them for all sorts of financial data whether it’s for M&A or wealth management and Equity analysis:
https://www.investopedia.com/terms/f/factset.asp
https://preview.redd.it/yo71y6qj9hk51.png?width=355&format=png&auto=webp&s=a9414bdaa03c06114ca052304a26fae2773c3e45

FactSet also has remarkably good cash conversion considering it’s a subscription based company, a company structure which usually takes on too much leverage. Speaking of leverage, FDS had taken on a lot of leverage in 2015:

https://preview.redd.it/oxaa1wel9hk51.png?width=443&format=png&auto=webp&s=13d60d2518980360c403364f7150392ab83d07d7
So what’s that about? Why were FactSet’s long term debts at 0 and all of a sudden why’d the spike up? Well usually for a company that’s non-cyclical and has a well-established product (like FactSet) leverage can actually be good at amplifying returns, so FDS used this to their advantage and this was able to help the share’s price during 2015. Also, as you can see debt/ebitda is beginning a rapid decline anyway. This only adds to my theory that FactSet is trying to expand into new playing fields. FactSet obviously didn’t need the leverage to cover their normal costs, because they have always had consistently growing margins and revenue so the debt financing was only for the sake of financing growth. And this debt can be considered covered and paid off, considering the net income growth of 32% between 2018 and 2019 alone and the EPS growth of 33%
https://preview.redd.it/e4trju3p9hk51.png?width=387&format=png&auto=webp&s=6f6bee15f836c47e73121054ec60459f147d353e

EBITDA has virtually been exponential for FactSet for a while because of the bang-for-buck for their well-known product, but now as FactSet ventures into algorithmic trading and corporate development the scope for growth is broadly expanded.
https://preview.redd.it/yl7f58tr9hk51.png?width=489&format=png&auto=webp&s=68906b9ecbcf6d886393c4ff40f81bdecab9e9fd

P/E has declined in the past 2 years, making it a great time to buy.

https://preview.redd.it/4mqw3t4t9hk51.png?width=445&format=png&auto=webp&s=e8d719f4913883b044c4150f11b8732e14797b6d
Increasing ROE despite lowering of leverage post 2016
https://preview.redd.it/lt34avzu9hk51.png?width=441&format=png&auto=webp&s=f3742ed87cd1c2ccb7a3d3ee71ae8c7007313b2b

Mountains of cash have been piling up in the coffers increasing chances of increased dividends for shareholders (imo dividend is too low right now, but increasing it will tempt more investors into it), and on top of that in the last 10k a large buyback expansion program was implemented for $210m worth of shares, which shows how confident they are in the company itself.
https://preview.redd.it/fliirmpx9hk51.png?width=370&format=png&auto=webp&s=1216eddeadb4f84c8f4f48692a2f962ba2f1e848

SGA expense/Gross profit has been declining despite expansion of offices
I’m a bit concerned about the skin in the game leadership has in this company, since very few executives/board members have significant holdings in the company, but the CEO himself is a FactSet veteran, and knows his way around the company. On top of that, Bloomberg remains king for trading and the fixed income security market, and Reuters beats out FactSet here as well. If FactSet really wants to increase cash flow sources, the expansion into insurance and corp dev has to be successful.
Summary: FactSet has a lot of growth still left in its industry which is already fast-growing in and of itself, and it only has more potential at its current valuation. Earnings September 24th should be a massive beat due to investment banking demand and growth plus Hedge fund requirements for data and portfolio management hasn’t gone anywhere and has likely increased due to more market opportunities to buy-in.
Calls have shitty greeks, but if you're ballsy October 450s LOL, I'm holding shares
I’d say it’s a great long term investment, and it should at least be on your watchlist.
submitted by WannabeStonks69 to wallstreetbets [link] [comments]

Price Action Trading- The Greatest System.

When I first started trading, I used to add all indicators on my chart. MACD, RSI, super trend, ATR, ichimoku cloud, Bollinger Bands, everything!
My chart was pretty messy. I understood nothing and my analysis was pretty much just a gamble.
Nothing worked.
DISCLOSURE- I've written this article on another sub reddit, if you've already read it, you make skip this one and come back tomorrow.
Then I learned price action trading. And things started to change. It seemed difficult and unreliable at first.
There's a saying in my country. "Bhav Bhagwan Che" it means "Price Is GOD".
That holds true in the market.
Amos Every indicator you see is based on price. RSI uses open/close price and so does moving average. MACD uses price.
Price is what matters the most.
Everything depends on the price, and then the indicators send a signal.
Price Action trading is trading based on Candlestick patterns and support and resistance. You don't use any indicators (SMA sometimes), use plot trend lines and support and resistance zones, maybe Fibs or Pivot points.
It is not 100% successful, but the win rate is quite high if you know how to analyse it correctly.
How To Learn Price Action Trading?
YouTube channels- 1. Trading with Rayner Teo. 2. Adam Khoo. 3. The Chart Guys. 4. The Trading Channel (and some other channels including regional ones).
Books- 1. Technical Analysis Explained. 2. The trader's book of volume. 3. Trading price action trends. 4. Trading price action reversals. 5. Trading price actions ranges. 6. Naked forex. 7. Technical analysis of the financial markets.
I think this is enough information to help you get started.
Price Action trading includes a few parts.
  1. Candlestick patterns You'll have to be able to spot a bullish engulfing or a bearish engulfing pattern. Or a doji or a morning star.
  2. Chart Patterns. The flag, wedge, channels or triangles. These are often quite helpful in chart analysis without using indicators.
  3. Support or Resistance. I've seen people draw 15 lines of support and resistance, this just makes your chart messy and you don't know where the price will take a support.
You can also you the demand and supply zone concept if you're more comfortable with that.
  1. Volume. There's a quote "Boule precedes price". Volume analysis is a bit hard, but it's totally worth learning. Divergence is also a great concept.
  2. Multiple time frames. To confirm a trend or find the long term support or resistance, you can use a higher time frame. Plus, it is more reliable and divergence is way stronger on it.
You can conclude everything to make a powerful system. Like if there's a divergence (price up volume down) and there's a major resistance on some upper level and a double top is formed,
That's a very reliable strategy to go short. Combinations of various systems work very good imo.
Does this mean that indicators are useless?
No, I use moving averages and RSI quite frequently. Using price action and confirming it through indicators gives me a higher win rate.
"Bhav Bhagwan Che".
-Vikrant C.
submitted by Vikrantc2003 to Daytrading [link] [comments]

How many of you are actually making a profit?

And more importantly how much of a profit?
I think the question above is the most important. It would basically show if you could make a living out of day trading or do it as a side job/money making hobby or stop since the time spent isn't worth the profits.
A few questions from me, someone who spent a while doing several courses and learnt a few things about trading through forex. I make a profit on Forex and have a relatively green account history with a diversified portfolio, but since I am dealing with tiny lots the profit is negligible.
The market is mostly driven my emotion not by math or science. Past prices, trend, support and resistant lines do matter for sure and I say this from experience. But is the probability of them failing low enough for me to go in with bigger lots? Nope.
Throw in a few indicators and some fundamental analysis which makes things very confusing but doable after some practise and you only push that probability slightly lower.
Probability and statistics wins this game and no one can deny it. You may argue a 60/40 win rate is you essentially making money at the end of the day but those odds mean small lots and a hobby more than a job to me.
Charts look cool, the indicators cool, trading on a world stage very cool.
But will my daily profits get me more than a cup of coffee at Starbucks. Nah.
Thoughts from a newbie so hope you can prove me wrong.
submitted by themjcg7 to Daytrading [link] [comments]

I've seen mentions of Nick Shawn & Momo Forex here; Here's why i don't like them...

I want everyone who searches these people to see this on forex cuz this is the truth they need to see! Hopefully it will save alot of traders throwing money at these fools!
Look listen i got both of their courses for free from a website i found a download.
Nick & Momo charge 1k per course for terrible content & i lost a little respect for nick & momo as momo convinced nick to make a signals group which nick pledged never to do!
That Group makes 70k a month from it; it's called LevelsFX also these guys both have full courses 1 each that sell for over 1k and nick and momo's excuse for doing LevelsFX was ppl were re-selling their courses and they had to get a legal team and pay 4-5 figures a month to take down few small time course re-sellers on Instagram Look listen i got both of their courses for free from a website i found a download they charge 1k per course for terrible content & i lost a little respect for nick & momo as momo convinced nick to make a signals group which nick pledged never to do!
That Group makes 70k a month from it; it's called LevelsFX also these guys both have full courses 1 each that sell for over 1k and nick and momo's excuse for doing LevelsFX was ppl were re-selling their courses and they had to get a legal team and pay 4-5 figures a month to take down few small time course re-sellers on Instagram which is obvious BS + Nick would keep on changing the number he said he needed to pay every month etc obvious liar and taking. Advantage of his audience like any Guru.
The real reason they started this service is because the courses weren't paying and that's how they make their money and live trading profits etc. Can easily be faked look here:which is obvious BS + Nick would keep on changing the number he said he needed to pay every month etc obvious liar and taking. Advantage of his audience like any Guru.
Search: Gurus MT4 Exposed on Google or Youtube for more info
Don't buy a Guru's course if you can download it for free not seen one yet that's worth it! ~ Never have bought a course!
Site i used was Coursed co and searched LucidFX (Still available for download) & MissionFX
I don't like Gurus i hate them & I have to say Nickshawnfx has let me down in the past and I'm seeing many mentions of them on forex .
As you know no-one without a third party verified track record (real server data from a well regulated broker) can be trusted. So pretty much no-one in the FX industry can be trusted.
Edit: Mistakes fixed etc
submitted by HelpfulTear to Forex [link] [comments]

My girlfriend of 8 years admitted she cheated on me with a close friend (messy)

So, since I'm here I suppose I should give some backstory. This will probably get lengthy so ill put a tl;dr at the bottom.
I (M/23) started dating my (ex)girlfriend (We'll call her C; F/23) since sophomore year in high school. We were the textbook "high school sweethearts". Fast forward thru 6 years of good, bad and everything in between; having 2 two kids and dealing with a miscarriage, etc... we essentially were a married couple without the title, and we pretty much operated as such. (ironically enough i was planning on proposing to her the week after d-day..)
Now the last year or so me and C had been hanging out with one of my close friends (we'll call him J) and his girlfriend (S); who also have two kids together. Me and J had known each other for years, but hadn't talked much recently so it was cool to catch up; and S and my girlfriend C became friends quickly, as well as our children. At this point we are like family to each other, we went on vacations together, playdates, babysat for each other etc.
Now, the past few months before d-day, C started to show telltale signs of cheating (now that I look back).. but due to the fact that she has severe bipolar disorder which she is prescribed medication for (but she did not take it regularly), it was hard for me to fully gauge what was going on; because manic depressive episodes can exhibit wild symptoms that eerily align with cheating behavior (i know, i pick em great right). So I was concerned; but moreso for her mental well being, than for what I was about to discover in the near future.
Here's where things get hairy.
(D-Day) So I get ready leave the house to do uber eats. I do this part time to pay the bills, I've been learning to trade forex for the last few months so I needed something that could free up time. Anyway, before I leave C asks me for a kiss, I kiss her and the kids and then I head out... No less than 20 minutes after I left, I check my phone and see a string of messages from C, and then I get a call from her. When I answer the phone she's already crying. She tells me that about two months ago her and J fucked. She tells me that J told her I would run off and fuck other girls and meet up with them on some dating app on my phone. None of which is true, for the record. He essentially fed her a bunch of bullshit, and she blindly accepted it as truth. She claims she fucked him to get "revenge" at me for everything I ever "did" (even though as far as infidelity goes, I did nothing). C destroyed our relationship, family, and her friendship with S, all off of hearsay. J helped mastermind it all, and also destroyed our friendship, along with his relationship with S. Worst part is, I was hitting J up the 2 weeks before D-Day to chill, and he wouldn't even respond. Making me look like an even bigger clown. I reacted in pure rage, said some things I probably shouldn't have in the heat of the moment, and then told her to get her shit out of my house.
She of course at this point is hysterical and is screaming through tears for me to not leave her, that she wants to save our family, that it only happened once and there was no feelings involved beyond her trying to get back at me. At this point though I just don't know if I can believe it. both C and J disrespected me to the ABSOLUTE highest level, not only me but also S. They orchestrated a whole plan to make it happen and then hid it for 2 months. She did also come to me and admit it on her own. Not that that excuses it AT ALL, but my thinking is, in reality I could've found out in worse ways than her direct admission.
I'm so torn here reddit. I love this girl to death, and want nothing more than to save our family. I grew up in a split home and i saw and heard things I shouldn't have, and i remember the depression i went through during that time.. i dont want that for my kids..
BUT I also know that I've NEVER been betrayed like this before in my life, not only by an SO but a friend as well. I'm completely heartbroken, and I've had hurt in the past but I've never felt true heartbreak like I do right now. Im doing my best to avoid contacting her, but we have two kids so it makes it really hard at times.. ive been learning to focus on me, but I have to literally keep my mind preoccupied 110% of the time, or I start to go into the same thought loops about this whole situation :(.
Do I give the love of my life a second chance after something like this? For the sake of my family? I know I have zero trust for her, and i understand that if we EVER were to rekindle something in the future, it will be a long time, if ever before the pain goes away. it will not be the same as before, we will be starting from scratch. I just would like advice on if there's anything worth saving or not.
If so, what signs should I be looking for thats shes actually invested in making things right?
If not, how do i start this healing process and begin to move on from an 8 year investment and a now dysfunctional family? Because I'm so fucking lost right now guys.
Thanks for reading all the way to the end, I dropped tears writing this and any advice is appreciated.
**UPDATE 9/20
C is out out the house now. Ironically she's already moved into a new apartment. I'm not dumb and I know 9 times out of 10 you don't just find an new apartment in a single day.. maybe my paranoia but probably not honestly. Ive been avoiding contact with her beyond child related things.
I tried to contact S, but Ironically her phone was broken in the fight her and J had... she tried to message me on Facebook the night I found out to help her move her daughter dressed into a storage unit, but I was physically weak and couldn't even think of what to say in response at that time. Not that she did anything wrong at all. At this point S has removed herself from Facebook so I'm trying to figure out another way to get ahold of her to try to get extra insight. Will post another update if/when I get more details.
C tried to "shit test" me today, and since we're now apart i could see it blind as day. She FaceTimed me, I normally would've ignored but i can see my daughter on the preview so i answer. C claims the kids wanted to talk to me, but they seemed relatively uninterested when I tried. Which no big deal, but its what came next that was so weird. What im talking about is her making a comment on a new vape i just got. How it was "so cool" and she wanted to see me take a drag off it again. This is significant only because I KNOW from being with her for 8 years that it turns her on to see me do smoke tricks. That's just always been her. On top of that, she kept taking the camera off the kids, and trying to talk to me about things that happened in her day indirectly. I kept it brief and told her i was busy before she could drag it on.. WHY IS SHE DOING THIS? This is fucking with my head even more now..
ALSO today I was working on music and I went into my downloads folder and noticed something called "J's App". Its date modified is 8/11. This lines up with the timeline C gave me which made me sick to my stomach. I open it, fully prepared to find some type of cynical cheating app they were using to sneak around on me with...
Turns out its an application for some ged boot camp for high-school drop outs. This girl had the NERVE to let this fucking bum use my laptop to apply for this shit?! I now certainly question the length of their relationship and the details behind it. For now, im going to continue with space and avoiding contact but I will be sitting down with C next week to lay everything on the table. Full truths, full openness, adult discussion no kid games. At that point ill either have closure to know the truth (or as much as I can get of it), or know if there's any chance of redemption, which at this point has went from 25% to 5%.
Thank you all sooo much for your advice and support during this; Alot of hard pills to swallow right now but its what I need. You guys are foreal a family to me and I will be here to support anyone here, new or old thats ever had to feel the way i feel right now.
Tl;dr my girlfriend of 8 years and mother of my 2 kids had an ONS with my friend, who is(was) dating her best friend. Now she wants to work things out
submitted by iknowalotaboutdrugs to survivinginfidelity [link] [comments]

2 years of PTI with the economy

As PTI comes onto two years, I felt like making this post on account of seeing multiple people supporting PML-N for having an allegedly better economy for Pakistan, particularly with allegations present that PTI has done nothing for the economy. So here's a short list of some major achievements done by PTI in contrast to PML-N.
This is by no means a highly comprehensive list, just my opinion on some of the bigger achievements; saving the economy from defaulting, adopting tax reforms, tourism reforms, export reforms among them whilst managing covid and economic stability with relative success.
There are of course a multitude of other factors, successfully avoiding a blacklist from the FATF, macroeconomic reforms, attempts to strengthen the working class; ehsaas programs, Naya Pakistan housing schemes alongside other relief efforts. These are measures in accordance with curtailing the effect of increasing taxation and attempts to abate the economic slowdown that came as a result of forcing an increase in government revenue. Alongside the focus on multiple new hydroelectric dams, industrial cities, reduction of the PM office staff from 552 to 298, 10 billion tree project and an overall renewed interest in renewable energy and green Pakistan. The list is comprehensive.
Pakistan remains on a rocky path, it is not out of the woods yet. Covid-19 has seriously hampered the overall projections, and caused a worldwide economic contraction. Not only that, but there are criticisms that can be attributed to the government as well, as they are not without fault. However, the overall achievements of the government with regards to the economy do present hope for the long-term fiscal policy and development of Pakistan.
submitted by moron1ctendenc1es to pakistan [link] [comments]

Need advice/direction/understanding please!

Hello! I am new to the general spectrum of e-commerce and passive income. This will be a relatively long post, so you can understand my situation. I am 18 years old and live in a dorm at Georgia State University in downtown Atlanta. I'm interested in passive income, because a life goal of mine is to be financially sustainable without that dreadful and desperate struggle to stay afloat. I've worked in a restaurant/bar and Chick-Fil-A. I like to take opportunities to grow and I'm an extremely hard worker who's tackled many personal challenges, but these experiences always ended up d r e a d f u l for my mental health. I wish I could adapt to the physical job norm, but my personality strengths don't align with that particular field. I am currently studying business at Georgia State and have a good head start. I also have a good amount of savings in my bank account, setting me up for my journey. I am hoping to have some form of reliable income by the end of the school year in May. I have a passion to devoting myself to this work ONLY if it pays. This situation could be even more perfect for me considering my girlfriends dad owns his own small marketing company and has some decently large clients. My girlfriend's parents are also great friends with a man who literally went from dirt poor to being able to support a large family and more through marketing and he owns his own company and offers marketing internships from his company to GSU students.
To reiterate, I have nothing but time, savings, and extreme hard work to make passive income pay off and there is nothing I want more than that financial freedom from terrible jobs for people my age. I will devote my time, but only if it is worth it.
Here is where I need help. I don't want to end up spending all my money instead of using it for larger gain. I'm all for using money to grow, but I don't know where to go from there. Where should my research and time be allocated in this case? I've researched hours and hours of different sources such as Forex day trading (even my friend is making decent profits with Forex from some like $200 dollar course?!?!), and drop shipping, but seem to hit a brick wall with how much I know on the subject. Do I sacrifice more hours learning youtube and various different forms or income, or do I sacrifice more hours in one particular course or subject? I am VERY on the fence when it comes to these kinds of decisions, only because I want to make the right one. I'm fine with slowly losing a little money to gain experience, but a payment like that sure seems like a leap of faith(right?). I don't necessarily understand how to explain this business model either. I feel scared to talk about it because I understand how the profits occur, but it is the difficult talents you must possess that I do not have. I want to be able to talk about my business pursuit with my parents and have full knowledge and confidence in that what I'm doing is right. The businesses you can start through passive income are possible to be profitable, but how often does that happen and is it REALISTIC that my time I invest into this is worth it? I would hate to throw away a fantastic economic opportunity. I just need to know what direction I should be going towards considering my connections and situation. I lack the confidence to jump in, as I understand I must gain more knowledge. Another issue I face is I need to know where my knowledge and studying should be allocated. I need to know what works and how I can get there. I believe I am capable of anything as I am an extremely high achiever and have always worked hard on the things I'm passionate about. Thinking about my loved ones I'm doing this for only motivates me more and I want to prove to others that I can persevere.

If you read this entire thread.. thank you so much for your time. I promise you you've found the correct and capable person, but where do I go from here? I don't mean to sound cocky in any way shape or form, as I am just very ready to take initiative of my extra time so I don't wait around until I get a potentially crap job with low pay. I appreciate this community and I'm looking forward to hopefully getting to build connections and grow.

Lastly- I would love links, video advice, emails, and anything else to help out my education on this!
Again, thank you so much and have a wonderful day.
submitted by Environmental_Spot63 to passive_income [link] [comments]

Imacademy recruitment

I’m actually really sick of this MlM and the people in this
I find it disgusting that there are people in this forex trading mlm who know it’s a mlm and still continue to do it
Don’t these people feel remorseful ? I know one person who I tried to kind of convince it was a scam when they tried recruiting me but after them being in this for over 1 year I am starting to think she clearly knows it’s a scam and it makes me sick along with her friends who post on their Instagram making it seem they live the ludicrous life style
Why are these people such narcissists? And how can honestly live there life this way without being remorseful knowing they are scamming people ? I don’t even think the scamming is even worth the money since she still works in a Walmart store
submitted by throwawayaccoutn2010 to antiMLM [link] [comments]

Is Forex Trading Profitable? Myths and Reality! 😶😎 - YouTube Here's why you'll NEVER make money in Forex. The Forex ... Are Forex Signals Worth It? (Forex Trading) - YouTube Lesson 7: What is a pip worth in forex? Trade sizes and ... How To Turn $5 into $1000 in LESS THAN 30 DAYS TRADING ...

It is worth to spend time and money to generate a great source of income that makes a lot of money and then use a portion of the money you make to make more money through Forex trading and the other investment opportunities like stock, real estate and… . If a trader with $1,000 in their account is trading with 50:1, this means they would be trading $50,000 on the market, with each pip being worth around $5. If the average daily move of a currency pair's price is 70 to 100 pips, in a day your average loss could be around $350. Forex trading is really worth is when you have the discipline to follow trading rules and risk management as well as and the emotional maturity and mindset because it can be really tough. Believe me….I never knew how greedy I was until I started trading forex. I would make $1,000-$5,000 profits and sometime even more in a week or sometimes in ... Trading Leverage . In the U.S., forex brokers provide leverage up to 50:1 on major currency pairs.   For this example, assume the trader is using 30:1 leverage, as usually that is more than enough leverage for forex day traders. Since the trader has $5,000, and leverage is 30:1, the trader is able to take positions worth up to $150,000. This Trading Education article will help you decide is forex worth it and what day trading strategies you should use. For a profession to be considered profitable and worthy of the potential risks and effort it should: • Offer a higher than average earning potential

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Is Forex Trading Profitable? Myths and Reality! 😶😎 - YouTube

Is Forex Trading profitable? Myths and Reality! http://www.financial-spread-betting.com/forex/forex-trading.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN D... https://www.robothousetrading.com/welcome I understand that people get excited about trading Forex, making money, living their dreams, etc... But the reality... Learn more here: https://bit.ly/2O5HwLI Do Forex Robots make more money than manual traders? That's exactly what I discuss in this video! We Compare Automate... Learn more here: https://bit.ly/2ShPRPx Here' why you'll never make money in Forex. It's all because of the Forex cycle of doom. Many aspiring traders who ar... A lot of people have been WAITING for this video to drop. I've previewed a few pieces of it during the creation on Facebook and Instagram. I should've record...

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