#Funded Traders Global

[fundedtradersglobal]

Scalping Strategy: A Powerful Tool for Day Traders

Imagine you’re at a market, and you’re trying to make money by buying and selling fruits really quickly. Scalping is kind of like that but with stocks, currencies, or other assets. Instead of waiting for significant price changes, scalpers jump in when there’s a tiny, quick price difference. They make many super-fast trades in just a few minutes or seconds.

Scalping is like a turbocharged version of day trading. Day trading is when you make trades in just one day, and it’s all about making fast decisions. Scalping fits perfectly into this because it’s all about grabbing those small price changes as they happen, like catching quick waves in the ocean.

So, for example, if you’re trading with the help of Funded Traders Global, you can use scalping to take advantage of those speedy price moves and hopefully make some profits. But remember, scalping needs a lot of practice, careful planning, and managing risks because things happen really quickly. It’s like a fast-paced game within the world of trading!

What is Scalping?

Scalping is a trading strategy employed in financial markets, including stocks, forex, commodities, and cryptocurrencies. It involves making rapid trades with the goal of profiting from small price movements over a short period. Scalpers seek to capitalize on the inherent volatility and liquidity of these markets by executing a large number of trades within a single day or even a few hours.

The primary objective of scalping is to make small, incremental gains from the price fluctuations that occur throughout the trading day. Scalpers often operate on lower timeframes, such as one-minute or five-minute charts, to identify fleeting price movements that might not be as apparent on longer timeframes. They leverage technical analysis tools, like moving averages, support and resistance levels, and momentum indicators, to make quick decisions about when to enter and exit trades.

Scalping is characterized by its focus on short holding periods, often lasting just a few seconds to a few minutes. This strategy requires a high level of discipline, precision, and a deep understanding of market dynamics. Scalpers are more concerned with the quantity of trades executed and the cumulative gains over time rather than individual trade profits, which are typically small.

Scalpers who are able to consistently profit from the markets using their short-term trading strategy can benefit from the leverage provided by the firm’s capital. This allows them to potentially amplify their gains, even though the individual profits per trade might be relatively small. However, it’s important to note that trading, including scalping, carries inherent risks due to the fast-paced nature of the strategy and the potential for rapid market reversals. As such, traders, including scalpers, need to have a well-defined risk management strategy in place to protect their capital from significant losses.

Key Principles of Scalping

Liquidity and Volatility:

Liquidity refers to the ease with which an asset can be bought or sold without significantly affecting its price. Volatility, on the other hand, refers to the degree of price fluctuations within a given time period. For scalpers, both liquidity and volatility are paramount.

In scalping, traders aim to profit from small price movements, and these movements are more likely to occur in markets that are both liquid and volatile. High liquidity ensures that there are enough buyers and sellers at any given moment, reducing the risk of slippage (where trades are executed at prices different from the expected ones). Volatility provides the price fluctuations necessary for scalpers to identify quick trading opportunities.

Scalpers need markets that allow them to enter and exit positions swiftly, and they can demonstrate their ability to navigate such conditions on Funded Traders Global’s simulated accounts before potentially trading with the firm’s capital.

Tight Spreads:

A spread is the difference between the buying (ask) and selling (bid) prices of an asset. Scalpers rely on tight spreads because they engage in frequent trades where even a slight spread can impact profitability. Tight spreads ensure that the cost of entering and exiting a trade is minimal, allowing scalpers to capture small price movements without a significant portion of their gains being eroded by transaction costs.

For instance, if a scalper aims to profit from a small price movement of a few pips in the forex market, a tight spread is essential to ensure that the trade starts off in a profitable zone. The ability to execute trades with minimal spread can significantly enhance the scalper’s overall profitability.

In conclusion, scalping is a trading strategy that thrives on liquidity, volatility, and tight spreads. These principles enable scalpers to profit from rapid price movements over short timeframes. The combination of these principles is especially important for traders looking to be part of platforms like Funded Traders Global, as they aim to showcase their scalping skills and potentially gain access to the firm’s capital and trading resources.

Selecting the Right Instruments

Suitable Instruments for Scalping: Scalping can be applied to a variety of financial instruments, including Forex pairs, stocks, commodities, and cryptocurrencies. However, the suitability of each instrument depends on its inherent characteristics:

Forex Pairs: Forex markets are known for their high liquidity and volatility, making them particularly popular among scalpers. Major currency pairs like EUR/USD, USD/JPY, and GBP/USD are often chosen due to their frequent price fluctuations and tight spreads.

Stocks: Scalping stocks can be effective if the chosen stocks are highly liquid and exhibit price movements conducive to short-term trading. Stocks with high trading volumes and strong intraday price dynamics are more likely to provide scalping opportunities.

Cryptocurrencies: Some cryptocurrencies are also suitable for scalping due to their volatility and 24/7 trading availability. However, traders should be cautious of market manipulation and sudden price gaps that can occur in the cryptocurrency market.

High Liquidity and Low Trading Costs: Selecting highly liquid assets is crucial for scalping because it ensures that there are sufficient buyers and sellers in the market, reducing the risk of slippage and enabling traders to enter and exit positions quickly at desired prices.

Additionally, low trading costs are essential for scalping, as frequent trading can accumulate substantial transaction expenses. These costs include spreads, commissions, and other fees associated with trading. Choosing instruments with tight spreads helps minimize the impact of transaction costs on the profitability of each trade.

This principle is especially relevant to traders looking to partner with platforms like Funded Traders Global, where trading the right instruments can contribute to meeting profit objectives and gaining access to funding opportunities.

Technical Analysis for Scalping

Identifying Entry and Exit Points:

Technical analysis involves analyzing historical price data and market statistics to predict future price movements. For scalpers, who rely on quick price fluctuations, technical analysis serves as a valuable tool to make informed decisions about when to enter and exit trades.

Key aspects of technical analysis for scalping include identifying trend directions, support and resistance levels, and potential reversal patterns. These insights help scalpers pinpoint entry points when the market aligns with their anticipated price movement and exit points when the desired profit level is achieved or a predefined stop-loss is hit.

Common Indicators Used by Scalpers:

Scalpers often use a combination of indicators to inform their trading decisions. Here are some commonly used indicators:

Moving Averages: Moving averages smooth out price data over a specified period, helping traders identify trends and potential changes in trend direction. The crossover of short-term (faster) and long-term (slower) moving averages can signal potential entry or exit points.

Relative Strength Index (RSI): RSI is a momentum oscillator that measures the speed and change of price movements. It helps scalpers identify overbought and oversold conditions in the market, indicating potential reversals or corrections.

Bollinger Bands: Bollinger Bands consist of a middle-moving average and upper and lower bands that represent standard deviations from the moving average. When the price moves close to the upper band, it may signal overbought conditions, and when it moves close to the lower band, it may signal oversold conditions.

Stochastic Oscillator: This indicator measures the relationship between a closing price and a price range over a specified period. It helps identify potential turning points by highlighting overbought and oversold conditions.

MACD (Moving Average Convergence Divergence): MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. It helps scalpers identify changes in trend direction.

In conclusion, technical analysis is a fundamental tool for scalpers, helping them identify opportune entry and exit points for their rapid trades. Common indicators like moving averages, RSI, and Bollinger Bands play a crucial role in aiding scalpers’ decision-making processes. For traders seeking opportunities on platforms like Funded Traders Global, showcasing technical analysis skills can be a key factor in securing funding and demonstrating trading expertise.

Risk Management

Importance of Strict Risk Management: Scalping involves executing numerous trades within a short timeframe, which can increase the exposure to market risks. Since each trade aims to capture small price movements, even a single adverse trade can have a significant impact on overall profitability. This is why scalpers must prioritize risk management to protect their capital from substantial losses.

Stop-Loss Orders:

Stop-loss orders are a crucial risk management tool for scalpers. A stop-loss order is a pre-set order that automatically closes a trade when the price reaches a certain level, limiting potential losses. Scalpers often set tight stop-loss levels to minimize risk, given the short duration of their trades. By adhering to stop-loss orders, scalpers ensure that a single trade doesn’t result in a disproportionately large loss.

Position Sizing:

Position sizing refers to determining the amount of capital allocated to each trade. Scalpers must carefully calculate position sizes to ensure that a losing trade doesn’t erode a significant portion of their capital. Since scalpers aim for small gains, a proper position-sizing strategy can help manage losses and preserve capital for future trades.

Risk-Reward Ratio:

The risk-reward ratio compares the potential profit of a trade to its potential loss. Scalpers often look for trades with a favorable risk-reward ratio, where the potential profit outweighs the potential loss. This ratio helps scalpers maintain a consistent approach to risk management and ensures that profitable trades can outweigh any losses over time.

Diversification:

While scalping typically focuses on a specific market or instrument, it’s still important to diversify the trading approach. Overreliance on a single asset or strategy can lead to increased risk. Diversification can involve trading different currency pairs, stocks, or other assets to spread risk across multiple positions.

For traders seeking opportunities with platforms like Funded Traders Global, strict adherence to risk management principles is often a key requirement. These platforms evaluate traders not only based on their profitability but also on their ability to manage risk effectively. Demonstrating a well-thought-out risk management strategy can increase the chances of gaining access to firm capital and resources.

Execution and Timing

Swift and Decisive Action: Scalpers need to make split-second decisions to enter and exit trades as quickly as possible. Given the short holding periods and the goal of profiting from small price movements, delays in execution can result in missed opportunities or reduced profitability. Fast and accurate order execution is essential for scalpers to achieve their trading objectives.

Challenges in Order Execution: 

Slippage: Slippage occurs when the actual execution price of a trade differs from the expected price due to rapid market movements. Slippage can work both in favor and against the trader. While slippage can lead to better prices, it can also result in less favorable prices, impacting profitability.

Latency: Latency refers to the time it takes for an order to travel from the trader’s platform to the market and back. Even minor latency issues can have significant implications for scalpers, as delays can lead to missed opportunities or executions at undesired prices.

Order Types: Scalpers often use market orders for rapid execution. However, market orders might be subject to slippage during periods of high volatility. Limit orders can provide more control over the execution price but might not always guarantee immediate execution.

Market Manipulation and Challenges: 

Market Manipulation: Scalping’s reliance on quick price movements makes traders susceptible to market manipulation, where certain individuals or entities intentionally create artificial price movements to trigger stop-loss orders or to induce scalpers to make unwise trades.

News Events: Economic announcements and news events can cause sudden and unpredictable price spikes. Scalpers need to be cautious around such events, as markets can become highly volatile and execution might be challenging.

Strategies to Mitigate Challenges: 

Technology and Infrastructure: Scalpers need a robust trading platform with low latency to ensure fast order execution. A reliable internet connection and proximity to trading servers can help reduce latency.

Risk Management: Tight stop-loss orders and disciplined position sizing can mitigate the impact of slippage and unexpected market movements.

Avoiding High-Impact Events: Scalpers might choose to avoid trading during major news releases to minimize exposure to extreme volatility.

For traders interested in collaborating with platforms like Funded Traders Global, demonstrating the ability to navigate these challenges is essential. Funded Traders Global evaluates traders not only based on their profitability but also on their ability to execute trades effectively while managing risks. Traders who can showcase their proficiency in executing scalping strategies in fast-paced and unpredictable market conditions stand a better chance of accessing funding opportunities and benefiting from the firm’s resources.

In conclusion, execution and timing are critical in scalping, and traders need to act quickly and decisively to capture small price movements. While challenges like order execution issues, slippage, and market manipulation exist, employing effective strategies and risk management can help scalpers navigate these challenges successfully. This principle is especially pertinent to traders aiming to collaborate with platforms like Funded Traders Global, where the ability to execute scalping strategies skillfully is an essential factor in securing funding and achieving trading goals.

Pros and Cons of Scalping

Advantages of Scalping:

High Potential for Returns: Scalping aims to profit from numerous small price movements, which, when aggregated, can lead to significant cumulative gains over time. This potential for high returns is appealing to traders seeking quick profits.

Reduced Exposure to Overnight Risk: Since scalping involves closing positions within the same trading day, traders are not exposed to overnight market events, such as economic announcements or geopolitical developments. This can help mitigate the risk of price gaps that can occur when markets open after extended periods.

Quick Feedback and Adaptability: Scalping provides rapid feedback on trading decisions, allowing traders to adjust their strategies quickly based on real-time market conditions. This adaptability can lead to improved decision-making skills over time.

For traders looking to partner with platforms like Funded Traders Global, successful scalping strategies can demonstrate consistent profitability and efficient risk management, increasing the chances of gaining access to firm capital and resources.

Drawbacks of Scalping:

Transaction Costs: Scalping involves frequent trades, which can result in substantial cumulative transaction costs, including spreads, commissions, and other fees. These costs can eat into profits, especially when dealing with small price movements.

Time Commitment: Scalping demands continuous attention and quick decision-making throughout the trading day. The fast-paced nature of scalping requires traders to dedicate significant time and focus to monitor the markets and execute trades effectively.

Market Noise: Short-term price fluctuations can be influenced by market noise and random movements, making it challenging to distinguish between genuine price trends and temporary volatility. This can lead to false signals and potentially result in losses.

Stress and Emotional Pressure: The rapid pace and constant decision-making of scalping can be emotionally taxing. Traders may feel heightened stress and pressure due to the need for split-second judgments and the potential for rapid changes in profitability.

Limited Profit per Trade: While scalping can yield high returns over time, the profit per individual trade is often small. This means that to achieve significant profits, scalpers need to consistently execute a large number of successful trades.

In the context of platforms like Funded Traders Global, traders need to carefully consider both the advantages and drawbacks of scalping. Demonstrating an understanding of how to maximize the benefits while mitigating the challenges can enhance their chances of securing funding and trading opportunities with the platform. It’s crucial for traders to align their trading style with their risk tolerance, time availability, and overall trading objectives.

Tips for Successful Scalping

Choose the Right Trading Platform:

Opt for a trading platform that offers low latency, fast execution, and a user-friendly interface. Speed and reliability are crucial for executing quick trades.

Consider platforms that provide access to highly liquid markets with competitive spreads, as this is essential for efficient scalping.

Stay Updated on News and Events:

While scalping focuses on short-term price movements, it’s important to be aware of major economic announcements and news events that could lead to sudden volatility.

Use an economic calendar to stay informed about scheduled news releases and events that might impact the markets you’re trading.

Practice in a Demo Account:

Before trading with real capital, practice your scalping strategy in a demo account. This allows you to refine your approach, test different indicators, and get accustomed to the fast-paced nature of scalping.

Master Technical Analysis:

Develop a deep understanding of technical indicators and chart patterns that align with your scalping strategy. This knowledge will help you identify entry and exit points more accurately.

Effective Risk Management:

Set strict stop-loss orders to protect your capital from significant losses. Implement a risk-reward ratio that ensures potential profits outweigh potential losses.

Ensure that your position sizes are appropriate for your account size and risk tolerance.

Control Emotions and Stay Disciplined:

The fast-paced nature of scalping can lead to emotional decision-making. Practice discipline and maintain a calm mindset to make objective trading decisions.

Record and Analyze Your Trades:

Keep a trading journal to track your trades, decisions, and outcomes. Regularly review your journal to identify patterns, strengths, and areas for improvement.

In conclusion, successful scalping requires a combination of technical expertise, disciplined execution, and effective risk management. Practicing in a demo account, staying informed about market news, and showcasing your skills can enhance your chances of success, including potential opportunities with platforms like Funded Traders Global.

Conclusion 

In summary, scalping is a quick trading strategy that profits from small price movements. Considerations like technical analysis, risk management, and platform choice are vital. If interested in platforms like Funded Traders Global, showcase scalping skills. Pros include high returns and reduced overnight risk, but cons involve transaction costs and time commitment. Scalping demands discipline and adaptability. Carefully decide if scalping aligns with your style and risk tolerance. Remember, success requires skill, rapid decision-making, and effective risk management.

So, no more to struggle along let us help you. Join Us Today!

[stockexperttrading]

Currency Exchange Dealers: Tips for Optimal Selection

Currency exchange is a critical aspect of international travel and trading, where choosing the right dealer can significantly impact your financial transactions. The selection of a currency exchange dealer is vital due to potential risks, such as unfavorable exchange rates, high fees, and security concerns. Funded Traders Global offers valuable guidance in finding the best dealer for your currency exchange needs. They emphasize the importance of research and preparation to save money and avoid hidden surprises, trustworthy reviews, recommendations, and verifying dealer credentials. The article also provides practical tips for comparing exchange rates, understanding fees, considering convenience, and ensuring security. Funded Traders Global empowers you to make informed decisions, equipping you to navigate the world of currency exchange with learn more...

[apricitystudies]

crimes of the elite: a deep dive

voted on here. (other editions) bold = favourite

corporate harms

behind the smiles at amazon

the long, dark shadow of bhopal (bhopal gas disaster)

how lobbying blocked european safety checks for dangerous medical implants

7-eleven revealed

who controls the world's food supply?

the true cost of tuna: marine observers dying at sea

how a big pharma company stalled a potentially lifesaving vaccine in pursuit of bigger profits

24 years after, some victims not compensated and still can't live normal lives (pfizer's nigeria vaccine trials)

the corporate crime of the century

uber broke laws, duped police and secretly lobbied governments, leak reveals (the uber files)

the baby killer (nestle infant formula scandal)

2 paths of bayer drug in 80's: riskier one steered overseas (hiv-risk contaminated blood product scandal)

global banks defy u.s. crackdowns by serving oligarchs, criminals and terrorists (fincen files)

the ultra-rich

eliminalia: a reputation laundromat for criminals

the fall of the god of cars (international fugitive carlos ghosn)

a u.s. billionaire took over a tropical island pension fund. then hundreds of millions of dollars allegedly went missing (cyprus confidential)

how the wealthiest avoid income tax (the irs files)

the haves and the have-yachts

madoff and his models (madoff ponzi scheme)

the imposter (blockchain terminal fraud)

the ultra-rich: (allegedly) stolen antiquities

crime of the centuries

stolen treasure traders

a hunt for cambodia's looted heritage leads to top museums (pandora papers)

an art crime for the ages

[arrozaurus]

One of the primary driving forces of the particular trade system designed in the 1980s and 1990s was always to allow multinationals the freedom to scour the globe in search of the cheapest and most exploitable labor force. It was a journey that passed through Mexico and Central America’s sweatshop maquiladoras and had a long stopover in South Korea. But by the end of the 1990s, virtually all roads led to China, a country where wages were extraordinarily low, trade unions were brutally suppressed, and the state was willing to spend seemingly limitless funds on massive infrastructure projects—modern ports, sprawling highway systems, endless numbers of coal-fired power plants, massive dams—all to ensure that the lights stayed on in the factories and the goods made it from the assembly lines onto the container ships on time. A free trader’s dream, in other words—and a climate nightmare.

A nightmare because there is a close correlation between low wages and high emissions, or as Malm puts it, “a causal link between the quest for cheap and disciplined labor power and rising CO2 emissions.” And why wouldn’t there be? The same logic that is willing to work laborers to the bone for pennies a day will burn mountains of dirty coal while spending next to nothing on pollution controls because it’s the cheapest way to produce. So when the factories moved to China, they also got markedly dirtier. As Malm points out, Chinese coal use was declining slightly between 1995 and 2000, only for the explosion in manufacturing to send it soaring once again. It’s not that the companies moving their production to China wanted to drive up emissions: they were after the cheap labor, but exploited workers and an exploited planet are, it turns out, a package deal.

A destabilized climate is the cost of deregulated, global capitalism, its unintended, yet unavoidable consequence.

This Changes Everything by Naomi Klein

[zvaigzdelasas]

The global market for carbon offsets is worth about $2 billion today and projected to grow to as much as $1 trillion in 15 years even as it faces fundamental questions about credibility and effectiveness. Add government appropriation to the list of risks for this climate solution. A shock announcement this week that Zimbabwe will take half of all revenues generated from offsets projects developed on its territory is a harbinger of an uncertain future in the carbon trade. The African nation is the world’s 12th largest creator of offsets, with 4.2 million credits from 30 registered projects last year, according to BloombergNEF.

Zimbabwe’s move gives the government control of carbon credit production and cancels all past agreements with international organizations. That means more revenue generated from credits tied to protecting forests and other efforts to cut emissions will flow into national coffers rather than going to project developers. There’s now risk that other countries might follow suit, creating new uncertainties for businesses that develop and sell offsets, corporations that purchase offsets as a way to counterbalance their greenhouse gas pollution and the cohort of traders who invest in this emerging asset class. [...]

The move “blindsided” CO2balance, a company that runs five carbon offset projects in Zimbabwe. “Everyone knew changes were happening but we weren’t expecting this — it wasn’t on the horizon,” said Paul Chiplen, head of sales, in an interview on Thursday. “It does put a question mark in investors’ minds when you’re not quite sure of what level of return you’re getting.” [...]

“I think it is an entirely understandable thing for Zimbabwe to want to take a proportion of the funds from any exports of carbon from its territory,” said Edward Hanrahan, director at carbon project developer Climate Impact Partners. “But the issue is they acted rapidly and without prior notice.”[...]

Each credit represents one ton of carbon dioxide and can be bought and sold many times before being used. The unregulated structure of the market involving companies, traders and governments creates risk of double counting. What if a government seeks to benefit by trading a credit produced in its territory after its been sold to an investor or used in a corporate sustainability plan?[...]

Treating carbon credits as just another export commodity underscores an imbalance at the heart of this global trade: Efforts to develop credits are usually funded by firms from wealthy countries and sold to corporate buyers in Europe and the US, yet most of the projects are located in emerging economies. This setup has been derided as a form of carbon colonialism that strips developing countries of an increasingly valuable resource. “Rushing to frame the decision by Zimbabwe as ‘nationalization risk’ exposes a sense of entitlement to access those resources by the global North,” said Rich Gilmore, chief executive officer at investment manager Carbon Growth Partners in Melbourne. “We need to acknowledge that the past 200 years of resource extraction have miserably failed people and the planet. And if we want the carbon market to scale, we need to respect the right of the nations of the south to determine their own rules.”[...]

Developers and investors might start to prioritize countries where governments have been transparent about their future carbon policies. Plus, if governments follow Zimbabwe in taking half of the project revenues, that will create a barrier to carbon projects that are the most costly to implement.[...]

It’s “entirely appropriate” for countries to seek a larger share from their carbon resources but they must “carefully consider the economics,” said Martijn Wilder, chief executive officer of Pollination, a climate advisory and investment firm. “If what’s left for a project developer is not sufficient to cover an investible rate of return, the project simply won’t happen.”

21 May 23

[usabinances59]

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Why Choose Binance?

Overview Of Binance And Its Feature Highlights

Binance is one of the most popular cryptocurrency exchanges globally, operating in over 100 countries. It was founded in 2017 by changpeng zhao and has grown to be a market leader in the industry. Some of the features that make binance stand out are:

Availability of over 600 cryptocurrencies: Binance offers access to a wide range of digital assets, including the most famous coins like bitcoin, ethereum, and ripple, as well as the trending ones.

User-friendly interface: Binance is designed with a user-friendly interface, making it easy for beginners to navigate the platform and execute trades easily.

High liquidity: Binance’s high trading volumes make it one of the most liquid exchanges in the market, ensuring that traders can always find a match for their orders.

Advanced trading tools: Binance offers a range of advanced trading tools like limit orders, stop-loss orders, and margin trading for advanced traders.

Benefits Of Using Binance

Trading on binance comes with several benefits, including:

High-security measures: Binance employs state-of-the-art security measures, including two-factor authentication, cold storage, and security audits, to ensure the safety of its users’ funds.

Lower trading fees: Binance charges some of the most competitive trading fees in the industry, with a 0.1% fee for trades. Users also get lower fees when they use binance’s native coin, binance coin (bnb).

Fast trade execution: Binance’s trading engine is designed to handle a massive amount of transactions per second, ensuring fast trade execution and quick order fills.

Supports multiple languages: Binance is available in multiple languages, making it accessible to people from different regions and facilitating global adoption.

Provides educational resources: Binance offers educational resources for newcomers to the cryptocurrency space, including articles, videos, and webinars, to help them understand how the market works and how to trade successfully.

If you’re looking for a secure, user-friendly, and feature-rich cryptocurrency exchange, binance is the perfect choice for you. Join the millions of traders who trust binance and start trading today!

How To Create A Binance Account

Buy Verified Binance Account: How To Create A Binance Account

Are you interested in creating your own binance account? Binance is one of the world’s largest cryptocurrency exchanges and a popular platform for buying and selling cryptocurrencies. If you want to create a binance account, follow this step-by-step guide.

Step-By-Step Guide On Creating A Binance Account

Go to binance.com and click on the ‘register’ button located at the top right-hand corner of the screen.

Enter your email address and create a secure password.

Solve the captcha security puzzle, and then click on the ‘register’ button.

Binance will send you a verification email. Go to your email inbox and find the verification email, then click on the link provided.

Once you have followed the link, binance will prompt you to complete a kyc (know your customer) verification process, which will require you to provide personal information such as your name, address, date of birth, and identification documents such as a passport or driver’s license.

After submitting your verification, binance will check your information and approve your application if the information you provided is correct.

After approval, you can start using binance to buy and sell cryptocurrencies.

Required Information And Verification Process

Binance requires every new user to complete a kyc verification process. The verification process involves providing personal information and identification documents. The following information is required:

Full name

Address

Date of birth

Identification documents (passport, driver’s license, national id, or any government-issued id)

Your uploaded documents will typically be processed within 24-48 hours. It’s worth noting that binance may require additional documents or information to approve your account, so be prepared to provide any necessary information promptly.

Tips For Account Safety

Binance takes security seriously, and there are several steps you can take to maximize your account’s safety:

Enable 2-factor authentication (2fa) to add an additional security layer to your account.

Always use a strong, unique password and avoid reusing passwords across multiple platforms.

Avoid sharing your account login details with anyone, and don’t fall for phishing scams that ask you to provide your account information.

Use reputable anti-virus and anti-malware software on your computer and mobile devices.

Creating a binance account is a simple, yet necessary process for anyone interested in trading cryptocurrencies. By following these guidelines, you can set up your account with ease and ensure that it is secure.

How To Verify Your Binance Account

The Importance Of Verifying Your Binance Account

Verifying your binance account is crucial for a variety of reasons, including:

Ensuring the security of your account against potential hacking and fraudulent activities.

Avoiding any service disruptions or deposit/withdrawal interruptions.

Gaining higher withdrawal limits for increased flexibility in trading cryptocurrencies.

Step-By-Step Guide On Verifying Your Binance Account

Follow these easy steps to verify your binance account:

Log in to your binance account and click on the “account” tab.

Click on the “verify” button and select your country of residence.

Choose the type of identification document you possess and input the required information.

Upload a clear and legible photo of your identification document, along with a selfie of yourself holding the same document.

Wait for the verification process to complete (usually within 15 minutes).

Additional Verification Requirements For Higher Withdrawal Limits

If you want to have access to higher withdrawal limits, you will need to complete additional verification requirements. These include:

Providing proof of residential address (i.e. Utility bill, bank statement, etc. Dated within the last three months).

Submitting a video verification (in some countries).

Once you complete these steps, you will be able to enjoy higher withdrawal limits. It is important to monitor your account and continue to comply with all regulations to ensure continued access to binance’s services.

The Pitfalls Of Buying An Unverified Binance Account

Buying verified binance account may seem like an attractive proposition. It can save you time and get you access to trading cryptocurrencies without waiting for a lengthy verification process. However, the risks of purchasing an unverified account far outweigh any potential benefits.

Here are some pitfalls to avoid:

Risks Of Buying An Unverified Binance Account

To better understand what you are getting into, let’s take a closer look at the major risks involved:

Unauthorized access: If you buy an unverified binance account, the initial owner can still have access to it. The owner can use your account for illegal activities or access your sensitive information, causing you both legal and financial problems.

Monetary loss: Because there is no assurance that your unverified account has not been hacked, your funds are not secured. You will run the risk of losing all of your hard-earned crypto money, which can be devastating.

Fraudulent activities: Unverified accounts are not monitored by binance authorities so who knows if your seller has used or continues to use it for fraudulent activities such as money laundering. If this happens, you may get implicated and face legal action.

Avoiding Scam Websites

It’s understandable to feel anxious when it comes to trusting someone else, especially when it comes to trading cryptos. To ensure that you are not being scammed by purchasing an unverified binance account, follow these steps:

Verify the seller’s identity by checking their online reputation and conducting due diligence on their past transactions.

Use only a reputable intermediary or escrow service to complete your transaction.

Ensure that the seller uses a verified binance account, which is safeguarded and validated by the platform.

Keep your purchase as a private affair, and never reveal your account details to anyone else.

Remember, the verification process of opening and using a binance account is in place to protect both the platform and the users. When you sidestep this process, you put yourself at risk. Always exercise caution and purchase a verified binance account.

The Benefits Of Buying A Verified Binance Account

If you’re looking to engage in cryptocurrency trading, you cannot ignore the importance of having a binance account. Binance is one of the world’s largest cryptocurrency exchanges, catering to millions of customers globally. While opening a binance account is a straightforward process, the issue of verification can cause unnecessary headaches.

This is when buying a verified binance account can save you time and effort.

The Advantages Of Buying A Verified Binance Account From A Reputable Seller

Buying a verified binance account from a reputable seller can offer you numerous benefits, such as:

Immediate access to the platform: A verified binance account allows you to sign in and start trading immediately. You don’t have to wait for the verification process to complete, which can take several days.

A higher deposit and withdrawal limit: A verified account comes with a higher deposit and withdrawal limit that enables you to carry out more significant trades.

No limit on cryptocurrency withdrawals: Non-verified accounts have restrictions on cryptocurrency withdrawals. A verified account, on the other hand, comes with no such restrictions.

Enhanced account security: By buying a verified account, you can rest assured that the account is secure, backed by superior security features and software updates.

24/7 account support: Reputable sellers offering verified binance accounts provide round-the-clock account support to cater to your needs at any time of the day.

When buying a verified binance account, it is imperative to analyze and choose the right seller carefully. You should ensure that the seller you choose eliminates the risk of scams and frauds by providing clear verification policies.

The advantages of buying a verified binance account from a reputable seller are plenty. Not only does it offer you immediate access to the platform, but it also provides an enhanced security feature, higher withdrawal and deposit limits, and 24/7 account support.

With the right seller, it’s a decision that can streamline your cryptocurrency trading process.

24 Hours Reply/Contact:-

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[usabinances35]

Buy Verified Binance Account

Buy Verified Binance Account Features: 

➤ Support for many of the most traded cryptocurrencies Convert. This is the easiest way to trade. Classic. It’s simple to use ➤ Futures on USES. USDA margined without expiration and leverage up to 125x. Futures on COIN – M ➤ Tokens can be leveraged up to 125 times, with or without expiry dates. ➤ Binance Earn. All-in-one Investment Solution Binance Pool. ➤ Binance is supported in more than 160 countries. ➤ Less time and lower fees ➤ Email and password login ➤ Other login information. ➤ Recovery information. ➤ A new and completely fresh account ➤ 100% verified account ➤ 24/7 customer support. ➤ 7/24 Instant Delivery.

24 Hours Reply/Contact:-

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Why Choose Binance?

Overview Of Binance And Its Feature Highlights

Binance is one of the most popular cryptocurrency exchanges globally, operating in over 100 countries. It was founded in 2017 by changpeng zhao and has grown to be a market leader in the industry. Some of the features that make binance stand out are:

Availability of over 600 cryptocurrencies: Binance offers access to a wide range of digital assets, including the most famous coins like bitcoin, ethereum, and ripple, as well as the trending ones.

User-friendly interface: Binance is designed with a user-friendly interface, making it easy for beginners to navigate the platform and execute trades easily.

High liquidity: Binance’s high trading volumes make it one of the most liquid exchanges in the market, ensuring that traders can always find a match for their orders.

Advanced trading tools: Binance offers a range of advanced trading tools like limit orders, stop-loss orders, and margin trading for advanced traders.

Benefits Of Using Binance

Trading on binance comes with several benefits, including:

High-security measures: Binance employs state-of-the-art security measures, including two-factor authentication, cold storage, and security audits, to ensure the safety of its users’ funds.

Lower trading fees: Binance charges some of the most competitive trading fees in the industry, with a 0.1% fee for trades. Users also get lower fees when they use binance’s native coin, binance coin (bnb).

Fast trade execution: Binance’s trading engine is designed to handle a massive amount of transactions per second, ensuring fast trade execution and quick order fills.

Supports multiple languages: Binance is available in multiple languages, making it accessible to people from different regions and facilitating global adoption.

Provides educational resources: Binance offers educational resources for newcomers to the cryptocurrency space, including articles, videos, and webinars, to help them understand how the market works and how to trade successfully.

If you’re looking for a secure, user-friendly, and feature-rich cryptocurrency exchange, binance is the perfect choice for you. Join the millions of traders who trust binance and start trading today!

How To Create A Binance Account

Buy Verified Binance Account: How To Create A Binance Account

Are you interested in creating your own binance account? Binance is one of the world’s largest cryptocurrency exchanges and a popular platform for buying and selling cryptocurrencies. If you want to create a binance account, follow this step-by-step guide.

Step-By-Step Guide On Creating A Binance Account

Go to binance.com and click on the ‘register’ button located at the top right-hand corner of the screen.

Enter your email address and create a secure password.

Solve the captcha security puzzle, and then click on the ‘register’ button.

Binance will send you a verification email. Go to your email inbox and find the verification email, then click on the link provided.

Once you have followed the link, binance will prompt you to complete a kyc (know your customer) verification process, which will require you to provide personal information such as your name, address, date of birth, and identification documents such as a passport or driver’s license.

After submitting your verification, binance will check your information and approve your application if the information you provided is correct.

After approval, you can start using binance to buy and sell cryptocurrencies.

Required Information And Verification Process

Binance requires every new user to complete a kyc verification process. The verification process involves providing personal information and identification documents. The following information is required:

Full name

Address

Date of birth

Identification documents (passport, driver’s license, national id, or any government-issued id)

Your uploaded documents will typically be processed within 24-48 hours. It’s worth noting that binance may require additional documents or information to approve your account, so be prepared to provide any necessary information promptly.

Tips For Account Safety

Binance takes security seriously, and there are several steps you can take to maximize your account’s safety:

Enable 2-factor authentication (2fa) to add an additional security layer to your account.

Always use a strong, unique password and avoid reusing passwords across multiple platforms.

Avoid sharing your account login details with anyone, and don’t fall for phishing scams that ask you to provide your account information.

Use reputable anti-virus and anti-malware software on your computer and mobile devices.

Creating a binance account is a simple, yet necessary process for anyone interested in trading cryptocurrencies. By following these guidelines, you can set up your account with ease and ensure that it is secure.

How To Verify Your Binance Account

The Importance Of Verifying Your Binance Account

Verifying your binance account is crucial for a variety of reasons, including:

Ensuring the security of your account against potential hacking and fraudulent activities.

Avoiding any service disruptions or deposit/withdrawal interruptions.

Gaining higher withdrawal limits for increased flexibility in trading cryptocurrencies.

Step-By-Step Guide On Verifying Your Binance Account

Follow these easy steps to verify your binance account:

Log in to your binance account and click on the “account” tab.

Click on the “verify” button and select your country of residence.

Choose the type of identification document you possess and input the required information.

Upload a clear and legible photo of your identification document, along with a selfie of yourself holding the same document.

Wait for the verification process to complete (usually within 15 minutes).

Additional Verification Requirements For Higher Withdrawal Limits

If you want to have access to higher withdrawal limits, you will need to complete additional verification requirements. These include:

Providing proof of residential address (i.e. Utility bill, bank statement, etc. Dated within the last three months).

Submitting a video verification (in some countries).

Once you complete these steps, you will be able to enjoy higher withdrawal limits. It is important to monitor your account and continue to comply with all regulations to ensure continued access to binance’s services.

The Benefits Of Buying A Verified Binance Account

If you’re looking to engage in cryptocurrency trading, you cannot ignore the importance of having a binance account. Binance is one of the world’s largest cryptocurrency exchanges, catering to millions of customers globally. While opening a binance account is a straightforward process, the issue of verification can cause unnecessary headaches.

This is when buying a verified binance account can save you time and effort.

The Advantages Of Buying A Verified Binance Account From A Reputable Seller

Buying a verified binance account from a reputable seller can offer you numerous benefits, such as:

Immediate access to the platform: A verified binance account allows you to sign in and start trading immediately. You don’t have to wait for the verification process to complete, which can take several days.

A higher deposit and withdrawal limit: A verified account comes with a higher deposit and withdrawal limit that enables you to carry out more significant trades.

No limit on cryptocurrency withdrawals: Non-verified accounts have restrictions on cryptocurrency withdrawals. A verified account, on the other hand, comes with no such restrictions.

Enhanced account security: By buying a verified account, you can rest assured that the account is secure, backed by superior security features and software updates.

24/7 account support: Reputable sellers offering verified binance accounts provide round-the-clock account support to cater to your needs at any time of the day.

When buying a verified binance account, it is imperative to analyze and choose the right seller carefully. You should ensure that the seller you choose eliminates the risk of scams and frauds by providing clear verification policies.

The advantages of buying a verified binance account from a reputable seller are plenty. Not only does it offer you immediate access to the platform, but it also provides an enhanced security feature, higher withdrawal and deposit limits, and 24/7 account support.

With the right seller, it’s a decision that can streamline your cryptocurrency trading process.

Frequently Asked Questions Of Buy Verified Binance Account

What Is A Verified Binance Account?

A verified binance account is one that has undergone a thorough kyc process, which involves submitting personal identification documents.

Can I Buy A Verified Binance Account?

Yes, you can purchase a verified binance account from verified account sellers, but it’s important to be careful and choose a reputable seller.

Why Should I Buy A Verified Binance Account?

Buying a verified binance account allows you to avoid the lengthy and often complicated kyc process and start trading almost immediately.

Is It Safe To Buy A Verified Binance Account?

Buying a verified binance account is safe as long as you choose a reputable seller with positive reviews and a proven track record.

How Much Does A Verified Binance Account Cost?

The cost of a verified binance account varies depending on the seller and the level of verification, but it typically ranges from $100 to $500.

What Are The Risks Of Using A Purchased Binance Account?

The risks of using a purchased binance account include potential fraud, account suspension, and loss of funds. Only use reputable sellers to minimize these risks.

24 Hours Reply/Contact:-

➤Gmail : usaseobiz@gmail.com ➤Skype: usaseobiz ➤Telegram:@usaseobiz     ➤WhatsApp : +1 (856) 661-7982

[usabinances31]

Buy Verified Binance Account

Buy Verified Binance Account Features: 

➤ Support for many of the most traded cryptocurrencies Convert. This is the easiest way to trade. Classic. It’s simple to use ➤ Futures on USES. USDA margined without expiration and leverage up to 125x. Futures on COIN – M ➤ Tokens can be leveraged up to 125 times, with or without expiry dates. ➤ Binance Earn. All-in-one Investment Solution Binance Pool. ➤ Binance is supported in more than 160 countries. ➤ Less time and lower fees ➤ Email and password login ➤ Other login information. ➤ Recovery information. ➤ A new and completely fresh account ➤ 100% verified account ➤ 24/7 customer support. ➤ 7/24 Instant Delivery.

24 Hours Reply/Contact:-

➤Gmail : usaseobiz@gmail.com ➤Skype: usaseobiz ➤Telegram:@usaseobiz     ➤WhatsApp : +1 (856) 661-7982

Overview Of Binance And Its Feature Highlights

Binance is one of the most popular cryptocurrency exchanges globally, operating in over 100 countries. It was founded in 2017 by changpeng zhao and has grown to be a market leader in the industry. Some of the features that make binance stand out are:

Availability of over 600 cryptocurrencies: Binance offers access to a wide range of digital assets, including the most famous coins like bitcoin, ethereum, and ripple, as well as the trending ones.

User-friendly interface: Binance is designed with a user-friendly interface, making it easy for beginners to navigate the platform and execute trades easily.

High liquidity: Binance’s high trading volumes make it one of the most liquid exchanges in the market, ensuring that traders can always find a match for their orders.

Advanced trading tools: Binance offers a range of advanced trading tools like limit orders, stop-loss orders, and margin trading for advanced traders.

Benefits Of Using Binance

Trading on binance comes with several benefits, including:

High-security measures: Binance employs state-of-the-art security measures, including two-factor authentication, cold storage, and security audits, to ensure the safety of its users’ funds.

Lower trading fees: Binance charges some of the most competitive trading fees in the industry, with a 0.1% fee for trades. Users also get lower fees when they use binance’s native coin, binance coin (bnb).

Fast trade execution: Binance’s trading engine is designed to handle a massive amount of transactions per second, ensuring fast trade execution and quick order fills.

Supports multiple languages: Binance is available in multiple languages, making it accessible to people from different regions and facilitating global adoption.

Provides educational resources: Binance offers educational resources for newcomers to the cryptocurrency space, including articles, videos, and webinars, to help them understand how the market works and how to trade successfully.

If you’re looking for a secure, user-friendly, and feature-rich cryptocurrency exchange, binance is the perfect choice for you. Join the millions of traders who trust binance and start trading today!

How To Create A Binance Account

Buy Verified Binance Account: How To Create A Binance Account

Are you interested in creating your own binance account? Binance is one of the world’s largest cryptocurrency exchanges and a popular platform for buying and selling cryptocurrencies. If you want to create a binance account, follow this step-by-step guide.

Step-By-Step Guide On Creating A Binance Account

Go to binance.com and click on the ‘register’ button located at the top right-hand corner of the screen.

Enter your email address and create a secure password.

Solve the captcha security puzzle, and then click on the ‘register’ button.

Binance will send you a verification email. Go to your email inbox and find the verification email, then click on the link provided.

Once you have followed the link, binance will prompt you to complete a kyc (know your customer) verification process, which will require you to provide personal information such as your name, address, date of birth, and identification documents such as a passport or driver’s license.

After submitting your verification, binance will check your information and approve your application if the information you provided is correct.

After approval, you can start using binance to buy and sell cryptocurrencies.

Tips For Account Safety

Binance takes security seriously, and there are several steps you can take to maximize your account’s safety:

Enable 2-factor authentication (2fa) to add an additional security layer to your account.

Always use a strong, unique password and avoid reusing passwords across multiple platforms.

Avoid sharing your account login details with anyone, and don’t fall for phishing scams that ask you to provide your account information.

Use reputable anti-virus and anti-malware software on your computer and mobile devices.

Creating a binance account is a simple, yet necessary process for anyone interested in trading cryptocurrencies. By following these guidelines, you can set up your account with ease and ensure that it is secure.

Step-By-Step Guide On Verifying Your Binance Account

Follow these easy steps to verify your binance account:

Log in to your binance account and click on the “account” tab.

Click on the “verify” button and select your country of residence.

Choose the type of identification document you possess and input the required information.

Upload a clear and legible photo of your identification document, along with a selfie of yourself holding the same document.

Wait for the verification process to complete (usually within 15 minutes).

Additional Verification Requirements For Higher Withdrawal Limits

If you want to have access to higher withdrawal limits, you will need to complete additional verification requirements. These include:

Providing proof of residential address (i.e. Utility bill, bank statement, etc. Dated within the last three months).

Submitting a video verification (in some countries).

Once you complete these steps, you will be able to enjoy higher withdrawal limits. It is important to monitor your account and continue to comply with all regulations to ensure continued access to binance’s services.

Risks Of Buying An Unverified Binance Account

To better understand what you are getting into, let’s take a closer look at the major risks involved:

Unauthorized access: If you buy an unverified binance account, the initial owner can still have access to it. The owner can use your account for illegal activities or access your sensitive information, causing you both legal and financial problems.

Monetary loss: Because there is no assurance that your unverified account has not been hacked, your funds are not secured. You will run the risk of losing all of your hard-earned crypto money, which can be devastating.

Fraudulent activities: Unverified accounts are not monitored by binance authorities so who knows if your seller has used or continues to use it for fraudulent activities such as money laundering. If this happens, you may get implicated and face legal action.

Avoiding Scam Websites

It’s understandable to feel anxious when it comes to trusting someone else, especially when it comes to trading cryptos. To ensure that you are not being scammed by purchasing an unverified binance account, follow these steps:

Verify the seller’s identity by checking their online reputation and conducting due diligence on their past transactions.

Use only a reputable intermediary or escrow service to complete your transaction.

Ensure that the seller uses a verified binance account, which is safeguarded and validated by the platform.

Keep your purchase as a private affair, and never reveal your account details to anyone else.

Remember, the verification process of opening and using a binance account is in place to protect both the platform and the users. When you sidestep this process, you put yourself at risk. Always exercise caution and purchase a verified binance account.

The Benefits Of Buying A Verified Binance Account

If you’re looking to engage in cryptocurrency trading, you cannot ignore the importance of having a binance account. Binance is one of the world’s largest cryptocurrency exchanges, catering to millions of customers globally. While opening a binance account is a straightforward process, the issue of verification can cause unnecessary headaches.

This is when buying a verified binance account can save you time and effort.

The Advantages Of Buying A Verified Binance Account From A Reputable Seller

Buying a verified binance account from a reputable seller can offer you numerous benefits, such as:

Immediate access to the platform: A verified binance account allows you to sign in and start trading immediately. You don’t have to wait for the verification process to complete, which can take several days.

A higher deposit and withdrawal limit: A verified account comes with a higher deposit and withdrawal limit that enables you to carry out more significant trades.

No limit on cryptocurrency withdrawals: Non-verified accounts have restrictions on cryptocurrency withdrawals. A verified account, on the other hand, comes with no such restrictions.

Enhanced account security: By buying a verified account, you can rest assured that the account is secure, backed by superior security features and software updates.

24/7 account support: Reputable sellers offering verified binance accounts provide round-the-clock account support to cater to your needs at any time of the day.

When buying a verified binance account, it is imperative to analyze and choose the right seller carefully. You should ensure that the seller you choose eliminates the risk of scams and frauds by providing clear verification policies.

The advantages of buying a verified binance account from a reputable seller are plenty. Not only does it offer you immediate access to the platform, but it also provides an enhanced security feature, higher withdrawal and deposit limits, and 24/7 account support.

With the right seller, it’s a decision that can streamline your cryptocurrency trading process.

24 Hours Reply/Contact:-

➤Gmail : usaseobiz@gmail.com ➤Skype: usaseobiz ➤Telegram:@usaseobiz     ➤WhatsApp : +1 (856) 661-7982

[kp777]

By Olivia Rosane

Common Dreams

Sept. 4, 2023

ActionAid found that since the Paris agreement, banks have funded the largest Big Ag companies doing business in the Global South to the tune of $370 billion and the fossil fuel sector to the tune of $3.2 trillion.

Since the international community promised to limit global heating to 1.5°C above preindustrial levels, the world's major banks have funneled 20 times more money to climate-polluting industries in the Global South than Global North governments have given those same countries to address the climate emergency.

That's just one of the findings of How the Finance Flows: The Banks Fueling the Climate Crisis, an ActionAid report released Monday.

"This report names the biggest offenders in the banking world and calls on them to see that they are destroying the planet, while harming the present and future for their children," Ugandan climate activist Vanessa Nakate wrote in the foreword. "It's time to hold financial institutions to account, and demand that they end their funding of destructive activity."

The report focuses on the financing of two major climate-heating industries in the 134 nations of the Global South: fossil fuels and industrial agriculture.

"People generally know that fossil fuels are the number one cause of greenhouse gas emissions. But what is less understood is that industrial agriculture is actually the second biggest cause of climate emissions," Teresa Anderson, the global lead on climate justice at ActionAid International, said during a press briefing ahead of the report's release.

This is because of the sector's link to deforestation, as well as the emissions required to produce industrial fertilizers, she added.

In total, since the 2015 Paris agreement, banks have funded the largest Big Ag companies doing business in the Global South to the tune of $370 billion and the oil, gas, and coal sectors to the tune of $3.2 trillion.

"Global banks often make public declarations that they are addressing climate change, but the scale of their continued support of fossil fuels and industrial agriculture is simply staggering."

The top three banks that invested the most in these sectors were the Industrial and Commercial Bank of China at $154.3 billion, China CITIC Bank at $134.7 billion, and the Bank of China at $125.9 billion. Citigroup came in fourth at $104.5 billion, followed by HSBC at $80.8 billion.

While China features prominently in the report as the world's largest economy, Anderson noted that much of what it produces ends up purchased by consumers in the Global North.

The top three banks in the Americas funding big agriculture and fossil fuels were Citigroup, JPMorgan Chase, and Bank of America. While Citigroup was the leading regional funder of fossil fuels, JP Morgan Chase gave the most to industrial agriculture.

In Europe, the top funders after HSBC were BNP Paribas, Société Générale, and Barclays, while Mitsubishi UFJ Financial rounded out the top Asian funders.

Where is all that money going? When it comes to agriculture, the leading recipient was Bayer, which bought out Monsanto in 2018. Banks have given it $20.6 billion to do business in the Global South since 2016.

Much of the fossil fuel money went to China's State Power Investment Corporation and other Chinese companies; commodities trader Trafigura; and the usual fossil fuel suspects like ExxonMobil, BP, Shell, Saudi Aramco, and Petrobras.

"This is absurd," Anderson said of the findings. "Global banks often make public declarations that they are addressing climate change, but the scale of their continued support of fossil fuels and industrial agriculture is simply staggering."

ActionAid called the report the "flagship" document of its Fund Our Future campaign to redirect global money from climate crisis causes to climate solutions. The report calls on banks to make good on their climate promises and stop funding fossil fuels and deforestation, as well as to put additional safeguards in place to protect the rights of local communities, raise the ambition of their goals to reach "real zero" emissions, and improve transparency and other measures to make sure the projects they fund are behaving ethically.

"This can be stopped," Farah Kabir, the country director of ActionAid Bangladesh, said during the press briefing. "The banks cannot continue to fund fossil fuel industries and industrial agriculture."

In addition, the report offers recommendations to Global North governments to ensure a just transition to a sustainable future for everyone. These included setting stricter regulations for the banking, fossil fuel, and agricultural industries as well as ending public subsidies for these sectors and channeling the money to positive solutions like renewable energy and agroecology.

However, the form that funds take when sent to the Global South makes a big difference, said ActionAid USA executive director Niranjali Amerasinghe. Instead of coming in the form of private loans, it needs to be in the form of public money.

"Providing more loans to countries that are already in significant debt distress is not going to support their transition to a climate-compatible future," she said.

One reason that loans are counterproductive is that nations that accept them are forced to provide a return on investment, and currently the main industries that offer this are in fact fossil fuels and industrial agriculture.

In addition to public funds, debt forgiveness or restructuring and new taxes could also help these countries with their green transition. If companies like Exxon or Bayer doing business in the Global South "were taxed in an equitable way, that would allow those governments to raise public revenue that can then be used to support climate action," Amerasinghe said.

In particular, the report emphasizes agroecology as a climate solution that should be funded in Global South countries.

"Climate change is real in Zambia."

Mary Sakala, a frontline smallholder farmer from Zambia, spoke at the press briefing about how the climate crisis and current agricultural policy put a strain on her community.

"Climate change is real in Zambia," she said, adding that it had brought flooding, droughts, pests, and diseases that meant that "families currently, as I'm speaking right now, sleep on an empty stomach."

Sakala saw hope in agroecology, which would help with food security and resilience, and make farmers less dependent on the government and large companies.

"We need policies to allow [us] to conserve our environment in a cultural way, to help us eat our food," Sakala said. "We want… every seed to be utilized and saved and shared in solidarity."

And she said that the companies and governments of the Global North have a duty to help them get there.

"Those people who are continuing to pollute and let the climate change increase, those people need to pay us, because we are suffering from the things that others are doing," she said.

Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

[fundedtradersglobal]

Maximize Your Profits with a Margin Calculator for Forex Trading

Are you ready to take your forex trading to the next level and maximize your profits with Margin Calculator? If you’re part of the growing community of Funded Traders Global, you’re in the right place. Margin calculations are the lifeblood of successful forex trading, and in this article, we’ll explore why they are essential for traders associated with Funded Traders Global.

According to industry data, a vast majority of new traders fail within their first year, primarily due to inadequate risk management and poor margin utilization. However, with the right understanding of margin calculations, you can significantly improve your trading outcomes and enhance your chances of success.

In this article, we will delve into the world of margin calculations, shedding light on their pivotal role in the forex market. We’ll also explore how Funded Traders Global traders can harness the power of margin calculations to optimize their trading strategies and achieve their financial goals.

Understanding Margin in Forex Trading

Definition of Margin

In the world of forex trading, “margin” refers to the collateral or security that traders must deposit with their broker to open and maintain trading positions. It’s essentially a portion of your trading account set aside as a security against potential losses. Funded Traders Global traders are no strangers to this concept, as they are aware that margin is a fundamental aspect of their trading activities.

How Margin Works and Its Significance

Margin plays a pivotal role in leveraged trading, which is common in forex markets. Leveraged trading allows traders to control a more substantial position size than their actual account balance. This leverage can amplify both profits and losses. For Funded Traders Global members, this leverage is a double-edged sword that must be wielded with care.

Here’s how the margin works:

When you open a trade, your broker may require you to deposit a margin amount, usually a percentage of the total position size. This margin serves as collateral to cover potential losses. The significance of margin lies in its ability to magnify your trading potential. With a relatively small capital, traders can control larger positions, potentially increasing their profits. However, this also means that losses can accumulate rapidly, exceeding the initially deposited margin.

Risks Associated with Margin Trading

While margin trading offers the opportunity for substantial gains, it also exposes traders, including those associated with Funded Traders Global, to increased risks. These risks include:

Margin Calls: If your losses approach or exceed the margin you’ve deposited, brokers may issue a margin call, requiring you to deposit additional funds to cover the shortfall. Failure to do so could lead to the automatic closure of your trades.

Leverage-Induced Losses: The amplified leverage in forex trading can lead to swift and significant losses. Traders must be mindful of position sizing and risk management to avoid catastrophic outcomes.

Market Volatility: The forex market can be highly volatile, and leveraged positions are susceptible to quick price fluctuations. Traders must be prepared for rapid market movements that can result in margin-related issues.

Understanding these risks is paramount for Funded Traders Global members and all forex traders. It underscores the importance of accurate margin calculations to manage risk effectively and enhance trading strategies. In the following sections, we will delve into the role of margin calculators in mitigating these risks and maximizing trading profits.

The Role of a Margin Calculator

In the dynamic and often fast-paced world of forex trading, precision and accuracy are paramount. This is where the concept of a margin calculator comes into play. Funded Traders Global members, like all traders, understand the value of having a reliable tool at their disposal.

A margin calculator is a financial tool designed to assist traders in precisely determining the margin requirements for their trading positions. It’s a vital instrument in the arsenal of any trader, whether they’re just starting or are seasoned professionals.

Why Using a Margin Calculator is Essential for Traders

Using a margin calculator is not merely a convenience; it’s an absolute necessity for traders. Here’s why:

Precision in Risk Management: Funded Traders Global emphasizes the importance of risk management. A margin calculator allows traders to calculate the exact margin required for each position, ensuring that they don’t overleverage or risk more than they can afford to lose.

Avoiding Margin Calls: One of the key benefits for Funded Traders Global members is avoiding margin calls. A margin calculator helps traders stay within their allocated risk limits, reducing the likelihood of margin calls that could lead to the termination of their trading accounts.

Optimizing Position Sizes: For traders looking to maximize profits while managing risk, a margin calculator is indispensable. It helps traders determine the ideal position size for a given trade, aligning with their risk tolerance and account size.

Simplifying the Margin Calculation Process

Calculating margin requirements manually can be complex and time-consuming, especially when trading multiple currency pairs with varying leverage. This is where the margin calculator shines. It streamlines the margin calculation process by:

Automating Calculations: A margin calculator automates complex mathematical calculations, ensuring accuracy and saving traders valuable time.

Providing Real-Time Information: It provides real-time data, taking into account current market conditions and broker-specific margin requirements, which can change.

User-Friendly Interface: Most margin calculators have user-friendly interfaces, making it easy for traders of all levels, including Funded Traders Global members, to input trade parameters and obtain instant margin requirement results.

In the competitive and high-stakes world of forex trading, having an edge is crucial. A margin calculator is that edge, offering traders the confidence to make informed decisions, manage risk effectively, and ultimately enhance their profitability. In the following sections, we will walk through how Funded Traders Global traders can use a margin calculator effectively to achieve their trading objectives.

Types of Margin Calculators

Forex traders have access to various types of margin calculators, each offering unique features and advantages. Here’s an overview of the three primary categories:

Online Margin Calculators: These are web-based tools accessible from any device with an internet connection. They are often provided by financial websites and trading platforms and are user-friendly, making them suitable for traders on the go, including Funded Traders Global members.

Broker-Provided Calculators: Many forex brokers offer their own margin calculators as part of their trading platforms. These calculators are tailored to the specific trading conditions and margin requirements of the broker, providing traders with accurate data for their accounts.

Software-Based Margin Calculators: These are standalone software applications that traders can install on their computers. They are often highly customizable and can be a valuable tool for traders who prefer a personalized experience.

Comparing and Contrasting Margin Calculator Types

Let’s examine the strengths and weaknesses of each type:

Online Margin Calculators:

Pros: Accessibility from anywhere with the internet, user-friendly interface, often free.

Cons: Limited customization, may not account for broker-specific requirements.

Broker-Provided Calculators:

Pros: Tailored to the broker’s conditions, real-time data, seamless integration with trading platforms.

Cons: Limited to the specific broker’s offerings, and may not be available for all account types.

Software-Based Margin Calculators:

Pros: High customization, offline availability, and potential for advanced features.

Cons: Requires installation, and may have a learning curve.

Recommendations Based on Trader Needs and Preferences

The choice of margin calculator type depends on individual trader needs and preferences, including those of Funded Traders Global members:

New Traders: Online margin calculators are an excellent choice for beginners due to their simplicity and accessibility. They provide a quick way to get started with margin calculations.

Experienced Traders: Broker-provided calculators are beneficial for traders with specific broker preferences. They ensure accuracy in margin requirements based on the chosen broker’s conditions.

Advanced Traders: Software-based margin calculators offer the highest level of customization and control. They are suitable for traders who want to fine-tune their risk management strategies.

Ultimately, the ideal margin calculator is the one that aligns with a trader’s trading style, experience level, and broker choice. Regardless of the type, the key is to use a margin calculator consistently to make informed trading decisions and manage risk effectively. In the next sections, we will explore how to use these calculators effectively, regardless of the type chosen.

Using a Margin Calculator Step-by-Step

Using a margin calculator is a straightforward process that can significantly enhance your forex trading. Here’s a step-by-step guide on how to use one effectively, whether you’re a Funded Traders Global member or any other forex trader:

Accessing a Margin Calculator

Start by accessing a margin calculator. You can use an online calculator, your broker’s provided tool, or a software-based calculator, depending on your preference and availability.

Inputting Relevant Data

Trade Size: Begin by entering the size of your trade. This is the number of lots or units you plan to buy or sell. For example, if you want to trade 1 standard lot of EUR/USD, the trade size would be 100,000 units.

Leverage: Specify the leverage level you intend to use. Leverage can vary, so ensure that you enter the correct value. For example, if your broker offers 50:1 leverage, input “50” as the leverage ratio.

Currency Pair: Choose the currency pair you’re trading. This is important as different pairs can have varying margin requirements.

Account Currency: Indicate the currency in which your trading account is denominated. This helps the calculator determine the correct margin requirement based on your account’s currency.

Margin Percentage: Some margin calculators allow you to set a margin percentage, which can be useful for risk management. If available, input your desired margin percentage.

Receiving Calculation Results

Once you’ve input all the necessary data, click the “Calculate” or “Calculate Margin” button. The margin calculator will process the information and provide you with the margin requirement for your trade.

Analyzing the Results

Review the calculation results, which typically include the required margin amount in your account currency and the margin as a percentage of your trade size.

Ensure that the margin requirement aligns with your risk management strategy and your broker’s conditions.

Making Informed Decisions

Armed with this margin requirement information, you can now make informed trading decisions. Ensure that your account has enough margin to cover your trades without risking excessive losses or margin calls.

By following these steps and consistently using a margin calculator, Funded Traders Global members and all forex traders can optimize their risk management strategies and maximize the potential for profitable trading.

Benefits of Using a Margin Calculator

Using a margin calculator can be a game-changer for traders, including those associated with Funded Traders Global. Here are the key advantages of incorporating a margin calculator into your trading routine:

Effective Risk Management

Preserves Capital: A margin calculator helps you determine the exact amount of margin required for each trade. This precision prevents overcommitting your capital, safeguarding your trading account from excessive losses.

Risk Control: By knowing the required margin upfront, you can control your risk effectively. This is essential for Funded Traders Global members, as it helps them stay within the risk limits imposed by their funding provider.

Accurate Position Sizing

Optimized Position Sizes: With a margin calculator, you can fine-tune your position sizes to align with your risk tolerance and account size. This optimization allows you to maximize profit potential while keeping risk in check.

Consistency: Using a margin calculator consistently ensures that you maintain a uniform approach to position sizing, reducing the chances of emotional, impulsive trading decisions.

Avoiding Margin Calls

Prevent Margin Calls: A margin calculator helps you avoid margin calls by ensuring that you have sufficient margin to cover your positions. Funded Traders Global traders, in particular, benefit from this by maintaining compliance with their funding provider’s rules.

Peace of Mind: Traders who use margin calculators can trade with greater peace of mind, knowing that they are less likely to encounter margin-related issues that can disrupt their trading activities.

Enhanced Decision-Making

Informed Trading: Armed with accurate margin requirement information, you can make informed trading decisions. This includes choosing appropriate leverage levels, setting stop-loss orders, and selecting position sizes that align with your trading strategy.

Improved Profitability

Maximized Profits: By effectively managing risk with a margin calculator, you can stay in the game longer and potentially capitalize on profitable opportunities.

Incorporating a margin calculator into your trading routine, whether you’re a Funded Traders Global member or an independent trader, is a wise move. It empowers you to trade with confidence, control risk, and work toward achieving consistent profitability in the dynamic world of forex trading. In the subsequent sections, we will explore practical examples of how traders can benefit from accurate margin calculations and provide guidance on choosing the right margin calculator for your needs.

Common Mistakes to Avoid

Utilizing a margin calculator can significantly enhance your forex trading, but it’s essential to be aware of common pitfalls. Here are some mistakes traders, including Funded Traders Global members, should avoid when using margin calculators:

Neglecting to Update Data

Mistake: Failing to update essential data such as leverage, trade size, or currency pair can lead to inaccurate margin calculations.

Tip: Always double-check and ensure that the information you input into the margin calculator is current and aligned with your intended trade.

Ignoring Broker-Specific Requirements

Mistake: Disregarding the specific margin requirements of your broker can result in underestimating the required margin and potential margin calls.

Tip: Be aware of your broker’s margin policies and use a margin calculator that factors in these specifics. This is crucial for Funded Traders Global members, as compliance with their funding provider’s rules is paramount.

Misinterpreting Results

Mistake: Misunderstanding the results provided by the margin calculator can lead to incorrect position sizing and risk management decisions.

Tip: Take the time to comprehend the calculated margin requirement, including the margin as a percentage of your trade size. Seek clarification or guidance if needed.

Overleveraging

Mistake: Using excessive leverage can magnify both gains and losses, potentially wiping out your account.

Tip: Use leverage judiciously and in line with your risk tolerance. A margin calculator can help you determine appropriate leverage levels for your trades.

Relying Solely on Calculators

Mistake: Overreliance on margin calculators without understanding the underlying concepts can be risky.

Tip: While margin calculators are valuable tools, it’s essential to also grasp the fundamentals of margin and risk management. This knowledge complements the calculator’s use.

Inadequate Testing

Mistake: Failing to test the margin calculator with hypothetical trades can lead to errors when it comes to live trading.

Tip: Practice using the calculator with demo trades to gain confidence and ensure accurate calculations before executing real trades.

Avoiding these common mistakes is crucial for traders, including Funded Traders Global members, who rely on precise risk management to meet their trading goals. By using margin calculators responsibly and in conjunction with a solid understanding of margin principles, traders can reduce errors, protect their capital, and enhance their trading success. In the following sections, we will provide real-world examples of how traders can benefit from accurate margin calculations.

Conclusion 

In the world of forex trading, where fortunes can be won or lost in the blink of an eye, knowledge is power, and precision is the key to success. Margin calculators, as we’ve explored throughout this article, represent a critical tool in your trading arsenal, one that can make the crucial difference between financial prosperity and unnecessary risk.

For Funded Traders Global members and traders across the globe, margin calculators are not just handy gadgets; they are indispensable allies for several reasons

Join Funded Traders Global today, and empower your forex trading with precision using margin calculators. Elevate your strategy, protect your capital, and seize financial success now!!!

Even you can learn more scalping in our last blog!!!

[stockexperttrading]

This comprehensive blog from Funded Traders Global covers the Price Action Strategy and mastering market trends for successful trading. It begins by defining the Price Action Strategy, emphasizing its importance in predicting future price movements. The blog explores the components of Price Action, including candlestick patterns, support and resistance levels, and chart patterns. It highlights the benefits of this strategy, such as simplicity, enhanced decision-making, and its applicability to various markets.

The blog outlines key principles of Price Action, including candlestick patterns, support and resistance levels, and trendlines and channels. It then focuses on reading market trends, with an emphasis on identifying trends, assessing their strength, and recognizing trend reversals. The importance of setting clear trading goals and effective risk management is stressed, along with crafting precise entry and exit strategies.

Common mistakes to avoid in trading are discussed, including overtrading, ignoring fundamental analysis, and emotional trading. The blog also provides information on essential tools and resources, including recommended charting software, books, courses, and online trading communities to support traders in their journey.

In conclusion, the blog encourages traders to apply the knowledge gained, practice consistently, and continue their education to become proficient and successful traders. Trading is described as both an art and a science, emphasizing the importance of discipline and adaptability in the ever-evolving world of finance.

[tradingmarketsblog]

Comparing the Top Online Trading Apps: Which One Is Right for You?

The online stock trading app industry has experienced a tremendous surge since the onset of the pandemic in 2020. Thanks to improved internet speeds and the growing interest in financial literacy, mobile-based stock trading has undergone a significant transformation. Each day, more Indians are experiencing the seamless shift towards incredibly smooth and flexible trading options, all available at the touch of a button.

As these apps continue to gain widespread adoption, even beginners can enter the world of trading with ease. These applications not only enable the buying and selling of financial assets but also offer a range of other valuable services. The only requirement is a reliable internet connection to ensure these trading apps operate smoothly.

This article has listed some of the best online trading apps so that you can choose any one of them.

Top Three Online Trading Apps

The list of the best online trading app is as follows.

1. Zerodha Kite

Zerodha boasts over 100 million active clients, contributing significantly to India's retail trading volumes, making up about 15% of the total. This app is highly recommended for both beginners and experienced traders and investors, thanks to its robust technological platform.

Zerodha's flagship mobile trading software, Kite, is developed in-house. The current Kite 3.0 web platform offers a wide array of features, including market watch, advanced charting with over 100 indicators, and advanced order types such as cover orders and good till triggered (GTT) orders, ensuring swift order placements.

Furthermore, users can also utilise Zerodha Kite as a Chrome extension, enabling features like order placement and stock tracking for added convenience.

2. Kotak Securities 

Opening a trading account at Kotak Securities comes with the advantage of zero account opening fees. Additionally, there are discounted rates for investors below 30 years of age, making it a cost-effective option. The account setup process is streamlined, with minimal steps involved.

Kotak Securities enables users to engage in a wide range of financial activities, including trading in stocks, IPOs, derivatives, mutual funds, currency, and commodities. Furthermore, it offers opportunities for global investments through its trading app. This app is thoughtfully designed, featuring a user-friendly interface accessible on iOS, Android, and Windows platforms. It also provides valuable extras like margin funding, real-time portfolio tracking, and live stock quotes with charting options.

3. Upstox

Upstox PRO, supported by Tiger Global and endorsed by prominent investors like Indian tycoon Ratan Tata and Tiger Global Management, is a well-known discount broker app. It offers a range of trading and investment opportunities, encompassing stocks, currencies, commodities, and mutual funds. For experienced and seasoned investors, it is an ideal choice, featuring advanced tools such as TradingView and ChartsIQ libraries.

Online trading apps offer a diverse array of financial products and services, consolidating your investment and financial management in one convenient platform. You can engage in activities such as trading equities, participating in IPOs, trading derivatives, investing in mutual funds, placing fixed deposits, dealing in commodities, and trading currency.

[zvaigzdelasas]

[SPGlobal is US-Based Finance Industry Media]

Five months after seizing power in a coup, Gabon's new government is tapping up trading houses to help it finance a $1.3 billion deal for Carlyle's oil company Assala, thwarting a bid accepted last year from France's Maurel & Prom (M&P).

While some investors say the first oil sector intervention since August's coup is doomed financially, politically driven and injurious to the OPEC member's investment climate, others say it reflects a restructuring of the industry amid an exodus of IOCs, with African governments demanding more control over their resources.

"You are looking around and saying, who do I trust? Who will really unlock that value? And if I don't have that trust, I'm going to try to do it myself," a Western oil executive familiar with the industry in Gabon told S&P Global Commodity Insights, summing up a mindset increasingly taking hold on the continent.[...]

At the end of November, however, state-owned Gabon Oil Company (GOC) announced it would use its pre-emption rights to acquire Assala itself, giving it 80 days to come up with the funds. In a New Year address, President Brice Oligui Nguema said the action would "demonstrate [Gabon's] sovereignty in the oil sector, which is at the heart of the economy."[...]

Oil provides most of the Gabonese government's revenue, but output has slipped from 365,000 b/d in 1996 to 210,000 b/d last year, according to the Platts OPEC Survey from S&P Global, due largely to underinvestment. Gabon's medium-sweet Rabi Light and Rabi Blend crude grades are popular in Europe, Israel and Asia.

Analysts say Nguema -- who ousted Ali Bongo to end the Bongo family's six-decade rule -- is hoping to boost his popularity ahead of elections in 2025 or 2026. And energy sovereignty is a potential vote-winner.[...]

[S]ome West Africa oil players said the episode reflected new realities of operating in the region's petrostates, amid growing demands for energy security. Chad last year nationalized ExxonMobil's oil assets, while Equatorial Guinea is preparing to operate the US supermajor's Zafiro field from 2025.

29 Jan 24

[willcodehtmlforfood]

Holders of $17bn of Credit Suisse bonds wiped out under UBS takeover

Holders of $17bn of Credit Suisse bonds will have their investment wiped out following the bank’s takeover by UBS, in a surprise move that is expected to cause ructions in European debt markets when they open on Monday.

As part of the historic deal between the banks, Swiss financial regulator Finma ordered that SFr16bn of Credit Suisse’s additional tier one (AT1) bonds, a relatively risky class of bank debt, will be written down to zero.

Credit Suisse said it was informed of the decision by the regulator as it thrashed out the final details of its SFr3bn takeover by UBS, which was announced on Sunday evening after several days of intense negotiations.

“The extraordinary government support will trigger a complete writedown of the nominal value of all AT1 shares of Credit Suisse in the amount of around SFr16bn, and thus an increase in core capital,” Finma said.

But several people involved in negotiating the deal said wiping out AT1 holders — a move that appeared to surprise markets — would have wider repercussions and was likely to lead to a sell-off of other bank debt.

Traders quoting prices on Credit Suisse’s AT1 bonds on Sunday afternoon had marked them up significantly after the Financial Times reported that UBS’s takeover was confirmed, in expectation that the deal would not result in losses for bondholders.

“What Finma has done breaking capital structure will have a long-term consequence for any Swiss financial debt,” said one Credit Suisse AT1 holder.

One banker said the decision could lead to a “nightmare” in European debt markets, particularly given bondholders were having heavier losses forced on them than shareholders in Credit Suisse.

While AT1s are typically owned by professional bond investors and hedge funds, they are also popular among retail and wealth management investors in Asia.

“The market is likely to be shocked by such a blatant inversion of the hierarchy of creditors and by the decision to sweeten an equity deal at the expense of bondholders,” said Jérôme Legras, head of research at Axiom Alternative Investments.

AT1s were introduced as part of the post-global financial crisis regulatory reforms that pushed banks to increase their capital levels. AT1s are a form of contingent convertible security, or coco, which can be converted into equity if the bank runs into trouble.

If a bank’s capital ratio falls below a predefined threshold, AT1 investors can lose their principal or have their investment converted to equity.

As the riskiest form of bank debt in Europe, AT1s typically offer higher yields than safer bonds.

The Credit Suisse deal echoes the takeover of stricken Spanish lender Banco Popular in 2017, where the bank’s AT1 bonds were wiped out in the first example of the value of the hybrid asset class collapsing in the rescue of a European bank.

The takeover by Santander had been orchestrated by the European Central Bank’s oversight unit, the Single Resolution Body, after the ECB deemed the bank was “failing or likely to fail”.

[captainwealthy]

Day Trading Forex: Everything You NEED To Know!

Are you interested in exploring the world of forex trading and want to take advantage of short-term price movements? Day trading forex might be the perfect strategy for you.

In this article, we will delve into the ins and outs of day trading forex, from understanding the forex market to developing effective strategies and managing risks. So let’s get started!

Introduction to Day Trading Forex

Benefits of Day Trading Forex

Day trading forex offers several advantages compared to other trading styles. Some of the benefits include:

Potential for quick profits: Day traders seek to profit from intraday price movements, aiming to close positions before the market closes.

High liquidity: The forex market is the largest and most liquid financial market globally, providing ample trading opportunities.

Flexibility: Traders can choose from a wide range of currency pairs and trade during different market sessions.

Lower capital requirements: Compared to other markets, forex trading allows for smaller initial investments, enabling traders to start with less capital.

Understanding Forex Market

To become a successful day trader in forex, it’s essential to have a solid understanding of the market dynamics.

Major Currency Pairs

The forex market consists of various currency pairs, but some major pairs dominate the trading volume. These include EUR/USD, GBP/USD, USD/JPY, and USD/CHF, among others. Familiarize yourself with these major currency pairs and their characteristics.

Market Hours

The forex market operates 24 hours a day, five days a week. However, certain trading sessions offer higher volatility and trading opportunities. The major sessions include the London, New York, Tokyo, and Sydney sessions. Knowing the active market hours can help you optimize your trading strategy.

Getting Started with Day Trading Forex

Before diving into day trading forex, you need to set up your trading infrastructure.

Setting Up a Trading Account

Choose a reputable forex broker that provides a user-friendly trading platform, competitive spreads, reliable execution, and comprehensive customer support. Ensure the broker is regulated by a recognized authority.

Selecting a Reliable Forex Broker

Research different forex brokers and compare their offerings, including trading costs, available currency pairs, leverage options, and deposit/withdrawal methods. Read reviews from other traders to gauge the broker’s reputation and reliability.

Funding Your Trading Account

Technical and Fundamental Analysis

Successful day trading forex relies on a combination of technical and fundamental analysis techniques.

Candlestick Patterns

Candlestick patterns provide valuable insights into price dynamics. Learn to identify patterns such as doji, engulfing, and hammer, which can signal potential reversals or continuations in the market.

Moving Averages

Moving averages help smooth out price fluctuations and identify trends. Experiment with different moving average periods, such as the 50-day and 200-day moving averages, to identify potential entry and exit points.

Support and Resistance Levels

Support and resistance levels are price levels at which the market tends to bounce or reverse. Identify key support and resistance levels using horizontal lines on your charts and incorporate them into your trading decisions.

Economic Indicators

Economic indicators, such as GDP growth, inflation rates, and employment data, can significantly impact currency prices. Stay informed about major economic releases and their potential effects on the forex market.

News Events

Popular Day Trading Strategies

To succeed in day trading forex, you need to implement effective trading strategies that suit your trading style and risk appetite.

Scalping

Scalping involves making multiple trades within a short time frame, aiming to capture small profits from quick price movements. Scalpers often rely on tight spreads and fast execution to capitalize on these rapid price changes.

Breakout Trading

Breakout traders look for significant price breakouts above resistance or below support levels. They aim to enter trades early in a new trend to maximize profit potential. Breakout strategies often utilize technical indicators to confirm breakouts.

Momentum Trading

Risk Management in Day Trading Forex

Managing risk is crucial in day trading forex to protect your capital and preserve long-term profitability. Here are a few ways to help manage your risk:

Setting Stop-Loss Orders

Always use stop-loss orders to limit potential losses on each trade. Determine an appropriate level for your stop-loss order based on your risk tolerance and the characteristics of the currency pair you are trading.

Implementing Proper Position Sizing

Calculate your position size based on the size of your trading account and the percentage of capital you are willing to risk per trade. Avoid overexposing your account by trading positions that are too large relative to your account size.

Managing Leverage

Emotions and Psychology in Day Trading

Controlling emotions and maintaining a disciplined mindset are crucial in day trading forex.

Controlling Greed and Fear

Greed and fear are common emotions that can cloud judgment and lead to irrational trading decisions. Develop self-awareness and discipline to overcome these emotions and make objective trading choices.

Maintaining Discipline

Stick to your trading plan and avoid impulsive trades driven by emotions. Follow your strategy and trading rules consistently, even when faced with market fluctuations.

Developing a Trading Plan

Building a Trading Routine

Establishing a structured trading routine can help you stay organized and make better trading decisions.

Pre-market Analysis

Before the market opens, conduct a thorough analysis of the currency pairs you are interested in trading. Review economic calendars, technical indicators, and news events that may impact the market.

Executing Trades

Once the trading day begins, execute your trades based on your predefined strategies and analysis. Stick to your risk management rules and avoid impulsive trades based on emotions.

Reviewing and Analyzing Trades

Resources and Tools for Day Traders

Several resources and tools can assist day traders in their trading activities.

Educate Yourself

It is important to stay up to date and learn constantly when you are day trading. It’s always a good idea to begin your journey with a day trading forex course such as the Cash on Demand Trades Education or The Ultimate Forex Strategy

Trading Platforms

Choose a user-friendly trading platform that provides real-time charts, technical indicators, order execution capabilities, and access to relevant news and analysis.

Charting Software

Utilize charting software to analyze price patterns, apply technical indicators, and identify potential trade setups. Popular charting platforms include MetaTrader, TradingView, and NinjaTrader.

Economic Calendars

Stay informed about upcoming economic events and news releases using economic calendars. These calendars provide information on scheduled economic indicators, central bank meetings, and other market-moving events.

Online Communities and Forums

Engage with other day traders through online communities and forums. Participate in discussions, share ideas, and learn from experienced traders. Collaborating with like-minded individuals can enhance your trading knowledge and skills.

Tips for Successful Day Trading

Consider the following tips to improve your day trading performance:

Stay Informed and Educated: Continuously update your knowledge about the forex market, trading strategies, and risk management techniques. Follow reputable sources of market analysis and stay informed about economic developments.

Practice Risk Management: Always prioritize risk management to protect your capital. Implement appropriate stop-loss orders, manage your position sizes, and avoid overtrading.

Start with Small Positions: When starting out, focus on small position sizes to minimize risk. Gradually increase your position sizes as you gain experience and confidence in your trading abilities.

Keep Emotions in Check: Emotions can cloud judgment and lead to poor trading decisions. Maintain emotional discipline, stick to your trading plan, and avoid impulsive actions driven by fear or greed.

Review and Learn from Your Trades: Regularly review your trading performance, analyze your trades, and identify areas for improvement. Learn from both successful and unsuccessful trades to refine your strategy.

Final Thoughts

Day trading forex offers exciting opportunities for traders to profit from short-term price movements in the forex market.

By understanding the market dynamics, implementing effective strategies, managing risks, and maintaining emotional discipline, you can increase your chances of success in day trading forex.

[ericahuo]

Navigating the Forex Market: A Beginner's Guide to Currency Trading

https://www.brokersview.com

In today's interconnected world, the foreign exchange (forex) market stands as the largest and most liquid financial market globally, with a daily trading volume exceeding $6 trillion. As a newcomer to the world of finance, understanding the basics of forex trading can be the first step toward harnessing its potential. In this post, we'll provide an introductory guide to help you navigate the forex market.

What is Forex Trading?

Forex, short for foreign exchange, involves the buying and selling of currencies from different countries. The forex market operates 24 hours a day, five days a week, due to the global nature of currency trading. It serves various purposes, from facilitating international trade to allowing investors to speculate on currency price movements.

Key Players in the Forex Market

Central Banks: Central banks, such as the Federal Reserve (Fed) in the United States and the European Central Bank (ECB), play a significant role in the forex market by setting interest rates and implementing monetary policies that impact currency values.

Commercial Banks: Commercial banks participate in forex trading on behalf of their clients and themselves, serving as major liquidity providers in the market.

Hedge Funds and Investment Firms: Large financial institutions and hedge funds engage in forex trading to diversify their portfolios and capitalize on price fluctuations.

Retail Traders: Individual traders like you and me participate in the forex market through online trading platforms provided by brokers.

Currency Pairs

In forex trading, currencies are quoted in pairs, where one currency is exchanged for another. The first currency in the pair is the base currency, and the second is the quote currency. The exchange rate reflects how much of the quote currency is needed to purchase one unit of the base currency. For example, in the EUR/USD pair, the EUR is the base currency, and the USD is the quote currency. If the EUR/USD exchange rate is 1.20, it means 1 Euro can buy 1.20 US Dollars.

How Forex Trading Works

Forex trading involves speculating on whether a currency pair's value will rise (appreciate) or fall (depreciate) in the future. Traders can take two primary positions:

Long Position (Buy): A trader buys a currency pair if they believe the base currency will strengthen against the quote currency.

Short Position (Sell): A trader sells a currency pair if they expect the base currency to weaken compared to the quote currency.

Risk Management

Forex trading carries inherent risks due to the volatility of currency markets. It's crucial to implement risk management strategies, including setting stop-loss orders to limit potential losses and diversifying your trading portfolio.

Choosing a Forex Broker

Selecting the right forex broker is a critical step for beginners. Look for brokers regulated by reputable authorities, offering user-friendly trading platforms, competitive spreads, and excellent customer support.

Educational Resources

Learning is an ongoing process in forex trading. Take advantage of educational resources provided by brokers, online courses, webinars, and trading forums to enhance your understanding of the market.

Conclusion

Forex trading offers opportunities for profit, but it's essential to approach it with knowledge, discipline, and caution. As a beginner, start with a demo account to practice your trading strategies without risking real money. Over time, you can gain confidence and experience to make informed decisions in the dynamic world of forex trading. Remember that success in forex trading requires continuous learning and adaptation to changing market conditions.