Forex Trading Profile of Michihito | Myfxbook

Michihito

Joined Jul 19, 2020

Posts: 310

Connections: 0

Experience: No Experience

Profile

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Systems by Michihito

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Recent Posts

Trading with borrowed money

Trading itself is the most risky business in the world. And when you are taking loan to trade, you are actually multiplying your risk. Trading should be done with idle money. Money that you can afford to lose. Yes you can trade with other's money on profit sharing basis. But for that first you ha...

3257

Mar 25, 2021 at 13:59

Is trading for living possible?

Trading for living is possible. But for that first you have to be consistent in profit making. As trading requires investment, so you need good back up income. It's not like other business. Here you have to be skilled enough. The concept is it needs time, dedication, determination and good unders...

3259

Mar 25, 2021 at 13:59

Broker and regulations

Regulations of a broker is very important. Before selecting a broker everyone should check its regulation very careful. Non regulated broker can create problem. That's why it's wise to choose a good regulated broker.

4984

Mar 25, 2021 at 12:59

Leverage

Leverage is very important in forex trading. With leverage a trader can manage more trades with minimal capital. It proposes you that with a little capital you can make larger profit. Leverage ends up being more perilous when we use big lot contrasted with capital. For my trading I use 300:1.

3457

Mar 25, 2021 at 12:49

Fundamental analysis will always

Fundamental analysis will always help us determine which pairs that we want to trade with all the time. Fundamental analysis is the backbone of what will drive prices. We should keep up with it daily like reading nfp news or economic news for the currencies that we are trading with. Also, we must...

1564

Mar 23, 2021 at 13:37

Michihito's Reviews

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Charts Activity

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.1601	GBPUSD	1.35365
USDJPY	159.822	USDCAD	1.38741