6/4/ · However, he would go out to DJ without his parents’ permission and, as the street enjoyed his plays, they gave him the name “DJ Coach Tsekeleke”. The forex trader may be young, but his 6/1/ · Dj Coach Tsekeleke is the founder & CEO of Forex broker Killer Institution, an author, Serial entrepreneur, Forex trader, philanthropist and is one of South African’s youngest self-made blogger.comted Reading Time: 3 mins The fear of loss and greed play a big part for forex day traders. That’s why our forex coaches teach the 1% rule to help you remove your emotional tie to money. Let’s say that a $1 bill represents 1% of your day trading account. If you were to lose 1% of your account or $1, it wouldn’t be blogger.comted Reading Time: 1 min
Dj coach tsekeleke - Forex trading south Africa
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Forex One Minute Strategy. John Setati. Download PDF Download Full PDF Package This paper. A short summary of this paper. za coach mmutlanetraders. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording or any information storage and retrieval system, without permission in writing from the publisher. com LLC. Lehlogonolo mnisi and Selby Maile, this two are proud owners of Sefosh Kings, one of the sponsors for the book, thank you as well for the part you and your company played.
I also thank Lehutso Serage, proud founder of Cre4tive Ink, dj coach forex trader lyrics, for choosing to be part of the sponsors of the Forex one minute strategy book, special thanks my brother. Table of Contents CHAPTER 1: Basic fundamentals of the forex market.
CHAPTER 2: Forex concepts. CHAPTER 3: Forex broker. CHAPTER 4: Meta-trader platform. CHAPTER 5: How to open your first dj coach forex trader lyrics. CHAPTER 6: Master pending orders. CHAPTER dj coach forex trader lyrics The forex dj coach forex trader lyrics minute strategy and Modifications Forex one minute strategy and modifications.
What is forex trading? Also known as foreign exchange or currency trading, forex is the most traded markets in the whole world. People who trade currencies on the forex market are called forex traders, their aim is to generate profit by speculating on the value of one currency compared to another and this is why currencies are always traded in pairs.
Forex market is an online platform where the big banks exchange currencies, they are fighting for power concerning which currency is strong than the other. As a forex trader you can either choose to buy or sell specified units of the base currency provided you believe it is going to gain or lose value against the quote currency which it is paired with. If the market does the opposite of what you applied, dj coach forex trader lyrics, you can lose your investment.
Meta-trader for computers. Meta-trader for smartphone. FIGURE 1: List of currencies and how they are paired. There are lots of currency pairs on the forex market; figure 1 above names a few only so that one can have a clear understanding on how currency pairs are paired. Forex market is a 24 hour market, operating during weekdays from Monday to Friday; normally it opens at am on Monday and closes Fridays at pm but the times depend on the trading platform you are on and the location as well.
The forex market has about 5 trading sessions and this means within that period there are more buyers and sellers participating in the market and in most cases traders prefer trading during these sessions in order to generate more profit as there is movement in the market.
Foreign exchange market is the market where billions of dollar trades are done. There are three players that make up its structure.
Figure 2: Structure of the forex market. Commercial banks. Commercial banks buy or sell the foreign currency for their customer or for their own account.
So, there is major part of structure which is covered by dj coach forex trader lyrics banks. They try to buy or sell the foreign currency on the rate which their customers are ready to give or take but it is not necessary that they will get success on their desired rate of forex. There are lots of other factors which will decide the rate of forex.
Forex brokers. Second major part of the structure of the forex market is the forex brokers. They are commission agents; they help to bring buyers of forex near to the sellers.
Like other industry brokers, they sell or buy the forex on behalf of their customers. They are very close to the forex market. Foreign exchanges. Symbol Currency Country nickname Foreign exchange is physical market which will be in the capital of each country, dj coach forex trader lyrics. Major markets are of London foreign exchange market, New York foreign exchange market and Singapore foreign exchange market.
All are open at their fixed time. So, if it will keep in the same series, the whole forex exchange will open 24 hours. Major currencies on forex. Figure 3: dj coach forex trader lyrics 8 major currencies. USD Dollar United States Buck GBP Pound Great Britain Cable EUR Euro Europe Fiber CAD Dollar Canada Loogie CHF Franc Switzerland Swissy JPY Yen Japan Yen NZD Dollar New Zealand Cable AUD Dollar Australia Aussi Figure 3. What is a pip?
Typically in forex, currency pairs display their prices with four decimal points, dj coach forex trader lyrics. A few, such Japanese yen, display two decimal places. No matter what currency pair you are trading, the last number behind the decimal always represents a pip, the main unit price that can change for the currency pair. As you trade, you will track your profits or losses in pips.
A pip is a number value and in the forex market, the value of currency is given in pips. One pip equals 0. One pip is the smallest price change that an exchange rate can make, dj coach forex trader lyrics. What is a currency pair? A currency pair is the quotation and pricing structure of the currencies traded in the forex market, the value of a currency is a rate and is determined by its comparison to another currency.
The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency. The currency pair indicates how much of the quote currency is needed to purchase one unit of the base currency.
What is a lot size? A standard lot is equivalent tounits of the base currency in the forex trade. A standard lot is similar to trade size and it is one of the three commonly known lot sizes. Three types of lot sizes: Standard lot size —units Mini lot size — 10, units Micro lot size — 1, units A standard lot representsunits of any currency, whereas a mini lot size represents 10, units of the base currency and a micro lot size represents 1, units of the base currency as well.
Mini accounts are not limited to only trading with one mini lot at a time. To make an equivalent trade to a one standard lot, a trader can trade 10 mini lots.
By using mini lots instead of standard lots, a trader can customize the trade and have control of their risk exposure. When an investor places an order for micro lot, this means they have placed an order for 1, units of the currency bought or sold.
Investors dj coach forex trader lyrics micro lot sizes when they prefer not to trade mini or standard lots. Ten mini lots are equal to micro lots, which is equal to one standard lot size. The spread is the difference between the buy also called bid price and the sell also called ask price.
Two prices are given for a currency pair and the spread represents the difference between what dj coach forex trader lyrics market maker type of a broker gives to buy from a trader and what the market maker takes to sell dj coach forex trader lyrics a trader.
Traders that are familiar with equities will synonymously call this the bid: ask spread. What is leverage? One of the benefits of this market is the ability to trade on leverage. Many traders find the leverage that most forex brokers offer very appealing, but you should know that trading this way can also be risky.
It can produce substantial profits as easily as it can cause substantial losses. Leverage is simply borrowing money from the forex broker so that you can get even bigger exposure to the markets and you do not pay interest on the loan. What is hedging? When a currency trader enters into a trade with the intention of protecting an existing or anticipated position from an unwanted move in the foreign currency exchange rates, dj coach forex trader lyrics, they can be said to have entered into a forex hedge.
By utilizing a forex hedge properly, a trade that is long buy in a foreign currency pair can protect themselves from down risk, while the trade that is short sell in a foreign currency pair can protect against upside risk.
The primary methods of hedging currency trades for the retail forex trader are through spot contracts and foreign currency options. Spot contracts are the run of the mill trades made by retail forex traders and because spot contracts have a very short term delivery date two daysthey are not the most effective currency hedging vehicle. In fact, regular spot contracts are usually the reason why a hedge is needed. Foreign currency options are one of the most popular methods of currency hedging as with many options on the other types of securities, foreign currency options give the purchaser the right, dj coach forex trader lyrics, but not the obligation, to buy or sell the currency pair at a particular exchange rate at some time in the future.
Regular options strategies can be employed, such as short straddles, long strangles and bull or bear spreads to limit the loss potential of a given trade. Only professional forex traders know how to use this strategy of hedging as it requires large equity. CHAPTER THREE FOREX BROKERS.
Forex brokers are firms that provide currency traders with access to a trading platform that allows them to buy and sell foreign currencies.
DJ Coach Tsekeleke(Forex Broker Killer) - My success story - forex life of trader
, time: 37:13How to Start Forex Trading - Coaching - Try Day Trading
Forex One Minute Strategy. “It takes a minute to create wealth.” By Kgopotso Mmutlane Sponsored by: Sefosh Kings and Mmutlane traders THIS ELECTRONIC COPY BELONGS TO: _____ ©Kgopotso Mmutlane Editor: Atlegang Kepadisa Email: lehlogonolo@blogger.com coach@blogger.com Cell phone number: + + Website: The fear of loss and greed play a big part for forex day traders. That’s why our forex coaches teach the 1% rule to help you remove your emotional tie to money. Let’s say that a $1 bill represents 1% of your day trading account. If you were to lose 1% of your account or $1, it wouldn’t be blogger.comted Reading Time: 1 min 6/10/ · Dj Coach depicts himself as an author, serial entrepreneur, forex trader, philanthropist and one among South African’s youngest self-made millionaires. ‘I was born into a poor family, I grew up during a very warm Christian family where we were all staying during a small shack with both blogger.comted Reading Time: 3 mins
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