Forex Trading: A Beginner's Guide with Coach Melvin Jason De Vera Driven Today Ep 23

Driven Today with David Angway

English - November 26, 2019 16:00 - 44 minutes - 30.3 MB - ★★★★★ - 1 rating
Careers Business Investing happiness financial management wealth management career tips money tips savings investments employee wellness employee wellbeing strategy Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Finding your purpose and why it matters - CoachJoy “Joey” Guevara - Driven Today EP 22

Next Episode: How to Manage your Finances and Career at the same time - FEBC Heartline edition - Driven Today Podcast Ep 24

Melvin Jason De Vera is an IB Partner, Coach Certified Financial Market Professional, and Bloomberg Professional Programs, Certified Investment Solicitor, and Faculty of Pamantasan ng Lungsod ng Maynila.

According to Investopedia Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. ... While this could be interpreted to mean that about one in three traders does not lose money trading currencies, that's not the same as getting rich trading forex.

KEY TAKEAWAYS

The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another.Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.Currencies trade against each other as exchange rate pairs. For example, EUR/USD.Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps.Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons.

04:02 - Why he loves forex

05:38 -How many people are in Forex

06:48 - Basic FOREX tips for beginners

09:15 - Stock Market vs Forex

12:00 - Red Flags of the Brokerage company

13:59 -After the opening of an account, what’s next?

16:37 - What’s your risk profile

16:49 - Demo Account

17:36 - Importance of a coach and group

18:00 - Risk Management

18:40- Proper Mindset

20:27 - 13th-month pay going to Forex? Is it good?

21:30 - Scaminers

22:15 - Show Transparency

22:47 - Check the winning rate, check out for the good mentor

23:30 - Red Flags of scaminers / seminars

30:30 - Forex for everybody?

35:36 - Programs, Tips, Tutorial, Tools and websites

42:38 - Special announcement

Listen to the whole episode and share this with your friends.

Check also the blog about it in driventodaypodcast.wordpress.com

Listen and download our latest Episodes and interviews. Click the site below

Spotify https://spoti.fi/2k2THzM

Apple Podcast https://apple.co/2m57mH7

Google Podcast http://bit.ly/2mq53Pu

Stitcher http://bit.ly/2k2LLys

Youtube channel http://bit.ly/2mS3mL0

Leave a review and rate us on iTunes for more chances to win great prizes. 🌟🌟🌟🌟🌟
https://apple.co/2m57mH7

For more information on how to have a really good headliner, click this link.
https://make.headliner.app/referral/david_angway_opvUzy

Check out our latest episode every Monday and Wednesday. 8 am MNL time.

#DrivenToday #Career

Support the show (https://www.patreon.com/davidangway)