With New Year 2020 around the corner, this course is an ideal present to anyone who you love. It is a new direction, a new hobby, a new career, who knows.
It is a great gift.
There are many ways of trading the Economic News Release as an online business. Straddle is a popular one but we will use the banks' way instead. It is safer and faster. The banks use 2 ways to trade economic news releases. The first one is HFT, and that stands for High Frequency Trading. It uses high speed computers to trade on millisecond timing.
This requires a good financial backbone for the physical structure. The second technique used by the bankers is trading on realtime release.
This means that if the news are very good, the banks buy the currency, if the news are very bad, they sell, and if the news are so and so, they do nothing and sometimes react later. Our course is teaching you this method.
We use a real-time economic news release application, available from the website.
It has a 14 days free trial and after that, you register for a minimal fee of $10 per month. We have tried to find free ones, but the release is not real-time and lapses into the seconds.
That is too late. The banks have already reacted by then.
Choosing a Trusted Forex Broker in 2020
We will set up together a free robot that closes the trade upon reaching a predefined profit that we calculate beforehand. This course shows you how to do that by using a calculator that is on the website.
You can trade this system with a real account of £200 with a 0.04 lot setup. The best would be to have $1000 capital with 0.2 setup. On $1000, using 0.2 lot, you would be risking around $20 depending on the currency traded.
How to Trade Small Account in 2020 - Forex Trading
If you go to forex factory website, you will see how many news trades you can do per day. The extreme minimum investment is $50 because of the minimum number of lots that brokers allow of 0.01. Trade the forex news like bankers do.
Who this course is for:
- Retail traders looking for a new strategy to add to their portfolio
- People with no trading strategy and willing to use the news as an alternative
- All who want to trade a different way, using the banks' trading system