₦airaland Forum

anyone or people responsible for killings in the east should please embrace peace and stop the killings.
Anyone or people doing same in the north should stop it now.
Peace is desirable.

https://www.youtube.com/watch?v=TmKWaFSNawQ

That will be nice and great for Nigeria if it's truly so.
May go help us in Nigeria.

https://www.youtube.com/watch?v=TmKWaFSNawQ

The east is turning to something else in terms of security.
Hope the situation gets better.

https://www.youtube.com/watch?v=TmKWaFSNawQ

Very sad development.
A very huge loss.
Is it insured?

https://www.youtube.com/watch?v=TmKWaFSNawQ

Every parent desire a significant child. Make up your mind to be significant today.
Let's go.

https://www.youtube.com/watch?v=TmKWaFSNawQ

Do you agree with this?

Do you agree with this?

Do you agree with this?

Success they say has many fathers while failure is an orphan. In the world today and before now, success is a product of hard work deliberately undertaken.
Success is a choice. it has a price and only those who can pay the price get it.

https://www.youtube.com/watch?v=p6nC0RJ5NSY

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Thanks Yomm. See More will come shortly.

Do you know that It Is Never Too Late To Start And Make A Brand New End?

Though we can not go back and start all over, my friend, anyone can start from now and make a brand new end.

Let's go.


https://www.youtube.com/watch?v=Wm98VTaNF9Y

This 2021 trading season I own you.


https://www.youtube.com/watch?v=kTuvbcD9Qbc

That means abokifx is not the problem
Learn forex on my channel now!

https://www.youtube.com/watch?v=kTuvbcD9Qbc

All information should be posted here please. Learn forex trading... now

https://www.youtube.com/watch?v=kTuvbcD9Qbc

Every Trader Should Be Familiar With These Forex Terms
Familiarize yourself with key terms that every FX trader should be aware of in order to help them build their knowledge.
The Forex industry is so full of unusual terms, acronyms, and words that it can easily send us into a tailspin.

Getting used to new trading platforms, such as MT4, MT5, and others can be difficult enough.
When combined with foreign terminology, not understanding such trading language can be a significant impediment to a trader's journey and profitability.

Pair of currencies
There are 180 recognized currencies in circulation, with 195 countries using them. As traders, we can speculate on the performance of a specific currency by conducting various analyses and research to determine how that currency will perform in the market.

The way we trade these currencies is based on the performance of one currency versus another – Forex Trading.

When choosing a currency to trade, you will notice that it is available in pairs. As an example, consider the EUR/USD pair.

Price Bid/Ask
A trader's bid price is the price at which he or she is willing to sell a currency pair.

The ask price is the price at which a trader will purchase a currency pair.

These prices are displayed in the 'Market Watch' section on the left side of MT4.

The spread is the difference between the bid and ask prices.

Going Long / Going Short
When a trader goes long on a currency pair, the first half of the pair is purchased while the second half is sold. Going long, or purchasing a currency, indicates that you anticipate the price rising.

AUD / USD, for example

Purchasing the Australian Dollar against the US Dollar with the expectation that the price of the AUD will rise.

When a trader goes short, the first currency is sold and the second currency is purchased.

Going short means selling one half of a currency pair in the hopes of seeing the price fall.


https://www.youtube.com/watch?v=kTuvbcD9Qbc

There are still many skeptics out there who do not believe it is possible to make money on the Internet. In reality, there are numerous success stories of individuals who have made a fortune online. YouTube is just one of many ways to become an Internet sensation, and possibly an Internet millionaire if you're lucky.

Google pays out 68 percent of AdSense revenue, so for every $100 paid by an advertiser, Google pays the publisher $68.
The actual rates an advertiser pays vary, typically ranging from $0.10 to $0.30 per view, but average out at $0.18 per view.
The YouTube channel can earn an average of $18 per 1,000 ad views. This works out to $3 to $5 per 1000 video views.
In this video, I explained step y step how people make money on YouTube.


https://www.youtube.com/watch?v=eAa53X20bWk

Help with what?

youngest85:
You still need help after having all these knowledge

Forex is the buying and selling of currencies.

The term "forex trader" can refer to an individual trader on a retail platform, a bank trader using their institutional platform, or hedgers who manage their own risk or outsource that function to a bank or money manager.

The foreign exchange market, abbreviated as forex (FX), is a decentralized market that facilitates the buying and selling of various currencies.

Forex traders may be drawn to it for a variety of reasons, including:
The size of the foreign exchange market
A wide range of currencies is available for trading.
Varying degrees of volatility
Transaction costs are low.
During the week, trading is available 24 hours a day.

FOREX TRADING TERMS
Base currency: When quoting a currency pair, this is the first currency that appears. When it comes to EUR/USD, the Euro is the base currency.
Variable/quote currency: This is the second currency in the quoted currency pair, and in the EUR/USD example, it is the US Dollar.
Bid: The bid price is the most a buyer (the bidder) is willing to pay. When looking to sell a forex pair, this is the price you'll see, which is usually to the left of the quote and is frequently in red.
Ask: This is the inverse of a bid and represents the lowest price a seller will accept. This is the price you will see when looking to buy a currency pair, and it is usually to the right and in blue.
Spread: This is the difference between the bid and asks prices, which represents the actual spread in the underlying forex market plus the broker's additional spread.
Pips/points: A pip, also known as a point, is a one-digit move in the fourth decimal place. This is how traders frequently refer to currency pair movements, such as the GBP/USD rallying 100 points today.
Leverage: Leverage enables traders to trade positions while only putting up a fraction of the total trade value. This enables traders to control larger positions with less capital. Leverage magnifies both gains and losses.
Margin: The difference between the full value of your position and the funds lent to you by the broker is the amount of money required to open a leveraged position.
Margin call: When the total amount deposited, plus or minus any profits or losses, falls below a certain threshold (margin requirement).
Liquidity: Because many participants are trading the currency pair, a currency pair is considered liquid if it can be easily bought and sold.

TWO SIDES TO EVERY MARKET IN FOREX TRADINGThe way prices are quoted in the Forex market is one of its distinguishing features.
Because currencies are the foundation of the financial system, the only way to quote one is with other currencies.
This results in a relative valuation metric that, while initially perplexing, can become more normalized the longer one works with this two-sided convention.
Forex trading in pairs does provide the trader with some extra flexibility by allowing the trader or investor to voice their trade against the currency that they believe is most appropriate.

Consider the Euro.
Assume a trader has optimistic projections for the European economy and wishes to go long on the currency.
But suppose this investor is bullish on the US economy but bearish on the UK economy.
In this case, the investor is not required to buy the Euro against the US Dollar (a long EUR/USD trade); instead, they can buy the Euro against the British Pound (a long EUR/GBP trade).
This gives the investor or trader more flexibility, allowing them to avoid 'going short' the US Dollar to buy the Euro and instead buy the Euro while going short the British Pound.

BASE CURRENCY VERSUS COUNTER CURRENCY
The convention of a Forex quote is an important distinction: the first currency listed in the quote is known as the 'base currency of the pair, and this is the asset being quoted.
The second currency in the pair is known as the 'counter' currency, and this is the quote's convention, or the currency used to define the value of the first currency in the pair.

WHAT EXACTLY IS A 'PIP'?
The base unit of measurement in a currency pair is the pip, which stands for 'percentage in point.
The value of a pip varies depending on the pairing's counter-currency. For currency pairs where USD is the counter currency or is listed second in the quote, the pip value or cost is frequently $1 for a 10,000 lot of currency, which also means a pip value or cost of 10 cents for a 1,000 lot and $10.00 for a 100,000 lot.
So, if an investor purchases a 1,000 lot of EUR/USD, each pip gained or lost is worth ten cents.
If the same investor purchases a 10,000 lot of EUR/USD, each pip gained or lost is worth $1.
And if the investor purchases a 100k lot, the pip value is $10/per.


https://www.youtube.com/watch?v=28N9-1MGyrI

Do you know that just about 5% of forex traders make money in forex?
Do you know that more than 90% of forex traders lose money in forex?
Do you know that you can be part of about 5% of forex traders who make money in forex?

The formula to make money in forex and break-even is money management.
I do not want to overemphasize it. If you learn and perfect money management as taught in this video you are in for a lifetime of forex trading profits.

Please subscribe to my YouTube channel, like my videos, and share them.
That is all you can do immediately to help me.


https://www.youtube.com/watch?v=EBYGUpRd7g4