study the charts, understand the financial news, and pay attention to the experts. Lets go over our favorites to help you get started. Yes, it is the biggest market, yes, there are 3-4 trillion dollars traded daily in the Forex market, but you will almost definitely not see any of that money without preparing yourself before jumping. In the.S., the top dogs are (in random order Bloomberg TV, Fox Business, cnbc, msnbc, and even CNN. Another option for real-time data comes from your forex trading platform.
However, if there are rules on how to use this medium, the Forex players are breaking them all. All of these are just a few examples of ways to separate yourself, but you can be sure that cheap and spammy advertising will not work, and will not only damage your reputation, it will also cause irreversible damage to a 4 trillion dollar market. I would estimate that approximately 70 of all Forex accounts on Twitter are either spammers that tweet the same thing over and over, something along the lines of Get rich fast, This guy made millions, or Leave your day job or bots that auto tweet. Market Information Tips, keep in forex trading regulations in south africa mind the timeliness of the reports you read. Many Forex services whether they are brokers, signal providers, or just general Forex websites are going about their marketing in a totally ineffective way, and are thereby preventing themselves from turning over any profit, or at least making a smaller profit than they could have. A trader that comes to your site and is not immediately presented with the details they need, will not deposit their money with you. Financial TV networks exist 24 hours a day, seven days a week to provide you up-to-the-minute action on all of the worlds financial markets. Make your Promotions Relevant: Do not pull people in with false promises, do not force them to trade with high leverage. The good ones let you look at different months and years, let you sort by currency, and let you assign your local time zone. Create a group for your company, something literally less than 5 Forex companies currently have.