For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines.
I just want to have my downtime productive while I'm on quarantine. I heard this from a friend and she's started investing and binabantayan niya ng gantong oras sa umaga sa atin. Parang okay naman ang market kahit minsan may loss siyempre. I'd like to hear your thoughts? TIA!
Should I join my friend and start investing in Forex?
I am a tyro and have very little knowledge about trading and stuff. So a friend wants me to join his new business project which he claims to have partnered with an Instagrammer named "Jason Stone" aka "@millionaire_mentor". So when I asked him about what this project is about and why should I join you, he told something like this,
Learning of forex trading with online courses. Also, you can follow the live traders and what they do and learn from them as well.
It costs 235$ i.e ₹ 17831.09, which is too much for me to lose.
It's about affiliate marketing. If you refer 3 people you can earn 150$ per month, which is around 12,000$ per month as residual income.
You have a chance to get direct mentorship from Jason Stone and also from philosopher Bob Proctor.
So, Can someone help me with what Forex trading is? Also, should I join my friend?
Look for Reviews From Trusted Platforms before Investing in Forex Market
Are you looking for a new market to invest your money in? Are you fascinated by foreign currency trading? Do you want to invest in the global market? If yes, there is great news for you! There are several certified platforms that are helping people invest strategically in the forex market. These days, people are showing great interest in the foreign exchange market as it is a great way to earn money. This is the main thing that has attracted so many people towards this market. Also, the foreign exchange market does not involve commission. A forex trading guide is a must if you want to make sure that you don’t get duped If you don’t want to face risks then you should also remember certain things like the time frame. The time frame is the biggest secret behind the success of many traders in the forex market. If you do not want to put your monetary affairs into a state of jeopardy you can select trading off a 5-minute chart instead of selecting weekly charts. You should always remember that if you want to make a huge profit in this market, you will have to give your time. Besides the time frame, the next important thing that you should know about this market is the best pairs that you can trade. You can go with minor currencies like British pound or Euro and you can pair them. To make more money, you can either pair Euro with Japanese Yen or British pound to Japanese Yen. But with all these things, you should always remember to take the help of a trusted platform so that you can get completely authentic information. Therefore, we have found an excellent guiding and review site for you i.e. Forex Traders Guide. It is a certified platform that works with professionals who have in-depth information and lots of experience in the foreign exchange market. With the help of the Forex Traders Guide, you can know everything about forex and crypto trading and many other related things. For this, you can simply visit the official website of this platform and select from among the categories like Forex basics, Forex brokers, Forex robots, and Forex glossary. Not just this, Forex Traders Guide also has incredible blogs that you can read to know the best time to trade forex, what affects the forex market and more. About Forex Traders Guide: Forex Traders Guide is a trusted platform from where you can know about thebest currency pairs to trade and candlestick cheat sheet. For more information, visit https://forextraders.guide/
Advantages of Investing in Forex. Diversify your portfolio — Many investors focus heavily on stocks and bonds. Forex is a popular alternative to diversify your portfolio.; Profit on international economic news — News and statistics enthusiastic can develop trading strategies around news releases, elections, and other current events.; Trade around the clock — Unlike the stock market ... Forex. The Forex market is a 24-hour cash (spot) market where currency pairs, such as the Euro/US dollar pair, are traded.Because currencies are traded in pairs, investors and traders are ... Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or ... Investing.com is a global financial portal and internet brand composed of 20 editions in 18 languages and an Android app in 12 language editions that provides news, analysis, streaming quotes and ... FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
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