XM VPS Promotion - Access for Free
- Promotion Period: Unlimited
- Available to: All Traders of XM
- Promotions: VPS in XM for Free
A day in the life of a Full-Time Forex Trader in XM
Until recently, forex trading inspired fear and mistrust for many people not familiar with the financial industry. The “day-trading Australia” crowd are not very vocal about the benefits they enjoy, so trading is still quite overlooked (as either a full or part-time activity) for the vast majority. But all of that is changing.
Not so long ago, trading opportunities that came with currency-pairs and stocks were only available to big businesses and fat cats in suits working in glass tower offices. Anyone who wanted to trade full-time needed a specific education. Because of that, people still believe that a day-trader needs a financial degree to make money trading the markets.
Let’s be clear, to trade the global markets you don’t need previous experience in finance. Trading is an opportunity that exists for just about anyone these days, and it has gained popularity year by year.
Thanks to advances in personal computing and internet connections, the global market is readily available to anyone with a credit card or eWallet. And, with the creation of mobile trading apps, trading has become more than just a chance to make money from home. Whether part-time or full, being a trader has become an exciting activity and opportunity for many people. These traders check the markets and place orders daily, and they enjoy this unlimited access anywhere, anytime.
And the best part about getting started these days is that you can practice risk-free on a demo account. After a while, once your confidence level rises, you can trade at increasingly higher levels, all the while keeping within a budget that matches your financial situation and future goals. Too good to be true?
What is 50 day moving average? How to use it and identify Profitable Trading Opportunities in XM
The 50-day simple moving average (SMA) is commonly plotted on charts and utilized by traders and market analysts because historical analysis of price movements shows it to be an effective trend indicator.
The 50-, 100- and 200-day moving averages are probably among the most commonly found lines drawn on any trader or analyst's charts. All three are considered major, or significant, moving averages and represent levels of support or resistance in a market.
So you’re wondering:
“Which is the best moving average?”
Well, there’s no best moving average out there because it doesn’t exist (as it depends on your objective current market structure).
But in a healthy trend, the 50 day moving average is king.
And that’s what you’ll discover in today’s post, so read on…
Falling & Rising Wedge Chart Patterns with XM: The Complete Guide to Forex Trading
Of all the reversal patterns we can use in the Forex market, the rising and falling wedge patterns are two of my favorite. They can offer massive profits along with precise entries for the trader who uses patience to their advantage.
One of the great things about this type of wedge pattern is that it typically carves out levels that are easy to identify. This makes our job as price action traders that much easier not to mention profitable.
Let’s start by defining the characteristics.
What is ETF (Exchange Traded Fund) Trading? ETFs for Day Trading Strategies with XM
In this article, we’re going to talk about how ETF trading strategies can help you grow a small account quickly. When combined with the right strategy, ETFs can be one of the best and safest ways to generate profits consistently from the financial markets.
ETFs are versatile financial instruments that are suitable for every trading style. This means you can start day trading ETFs or even swing trading ETFs. By taking care of the risk associated with ETF trading you can start to enjoy some of the benefits.
We’re going to highlight the benefits of adding ETFs in your trading and investing portfolio. However, we’re also going to shed some light on the risk involved with ETF (exchange-traded funds).
If you’re not familiar with ETF trading and don’t have a complete understanding of how to trade ETFs, we hope this ETF step-by-step guide will provide some guidance.
How to Login and Deposit Money in XM
How to Login XM Account
How to Login to XM
Go to XM Website
Click on “MEMBER LOGIN” button
Enter your MT4/MT5 ID (Real Account) and password.
Click on “Log...
How to Sign Up and Login Account in XM
How to Sign up for XM Account
How to Sign up
1. Go to the registration page
You must first access the XM broker portal, where you can find the button to create a accoun...
How to Download, Install and Login to XM MT4 for PC
Why XM MT4 is Better?
XM pioneered the offering of an MT4 platform with trading execution quality in mind. Trade on MT4 with No Requotes, No Rejections with flexible leverage ran...
List of Forex Brokers Reviews
List of Forex Brokers Reviews
1. XM – Best for Beginners
2. Exness – Best Trading Platform
3. FBS – Best for Trading Tournaments
4. OctaFX – Best free demo
5. Ho...
Download MetaTrader 4 (MT4), MetaTrader 5 (MT5) in XM
MetaTrader 4 XM MT4 — Faster and Better
XM pioneered the offering of an MT4 platform with trading execution quality in mind. Trade on MT4 with no requotes, no rejections, and fl...
How to Contact XM Support
XM Online Chat
One of the most convenient ways to contact XM broker is using online chat with 24/5 support that allows you resolve any issue most fast as possible. The main advan...
How to Login the XM MT5 WebTrader
Why Trade on the XM MT5 WebTrader?
Available for PC and Mac OS, and without having to download any additional software, the XM MT5 WebTrader enables instant access to the global ...