What is forex/forex trading

Share on facebook
Share on google
Share on twitter
Share on linkedin

What is Forex?

Forex, also known as foreign exchange or FX trading, is the exchange of one currency into another.

It is one of the most actively traded markets in the world, with a daily trading volume of over $5 trillion, with this, it is the largest and most liquid market in the world, which is dominated by the U.S. dollar.

The forex market is made up of currencies from all over the world, However, like most financial markets, forex is primarily driven by the forces of supply and demand.
Unlike shares or commodities, forex trading does not take place on stock exchange, but in an over-the-counter (OTC) market.

The forex market is run by a global network of banks, spread across four major forex trading centres in different time zones: London, New York, Sydney and Tokyo.
Currencies are always quoted in pairs, such as GBP/USD or USD/JPY.

Forex trades 24 hours a day during the week and offers a lot of profit potential due to the leverage provided by forex brokers.

Forex trading can be extremely volatile and an inexperienced trader can lose substantial amount of money venturing into trading.

This is the reason getting a professional forex training and a good strategy is so important for the person who truly wants to become a profitable trader and wants to pursue a source of income in this direction.

Is forex trading lucrative/profitable?

As with every other financial markets in the world, professionalism is required because of the technicalities involved in them, which is why education is so important.

Forex is so lucrative and profitable does not mean lots of traders today are making profits from it, so jump starting the business of forex trading without qualitative education on it can be so catastrophic.

Why VTM trading Academy?

VTM is a financial market expert company, with a speciality in trading strategy development majoring in forex.

As an expert company we know that forex trading is lucrative and at the same time can be significantly dangerous for people who are venturing into trading without adequate technical information and a win strategy.

With this understanding, we don’t just encourage people to go into forex trading because it is lucrative, we are also majorly positioned to provide interested persons who wants to earn money online through forex trading qualitative training /lifetime Mentorship on forex, so they can become expert traders based on the VTM strategy, because the goal of trading is to profit and profitability requires being an expert, which is our goal to make our student expert traders.

Why VTM strategy?

The VTM strategy is the best strategy around now in the business as it works very well on various instruments.

While a strategy can potentially have many components and can be analyzed for profitability in various ways, a strategy is often ranked based on its win-rate and risk/reward ratio.

Win Rate

A win rate stands for the number of trades you win out of a given total number of trades placed.

Let’s Say you win 98 trades out of a 100 trades placed in a day, your win rate is 98 percent.

Now having a win rate of this percent tells us more of the accuracy and the profitability of a strategy and only the VTM strategy can guarantee this right now in the market.

As an expert company in the business of forex trading, with a mission to train and mentor profitable and professional forex traders based on the VTM strategy, we have trained over 1000 students since our strategy was commercialized barely 7 months ago.

For the testimonies of our students you can visit our free telegram broadcast channel through the link below.

https://t.me/vtm_m

Risk/ Reward

Risk/reward signifies how much capital is being risked to attain a certain profit.

A higher win rate for trades means more flexibility with your risk/reward.

How we train/Mentor

We train via our Video product and also through our life training and Mentorship online classes through ZOOM.

Our classes comes up twice a week, Tuesdays and Saturdays.

You can also visit our YouTube channel to see more of our videos or visit our facebook page and instagram page to engage your mind with our rich inspiring posts.

Join VTM trading Academy today and be glad you did.

Here are links to some of our videos on our YouTube channel

https://m.youtube.com/watch?v=rAxUoduqVRQ

VTM EDITOR

VTM EDITOR

Leave a Replay

Leave a Comment

Your email address will not be published. Required fields are marked *

About VTM

Volatility Minds Trader is  globally recognized and we registered under the  Corporate Affairs Commission of Nigeria.

We are professional Forex and Binary Option Traders with proven successful track records.

Recent Posts

Follow Us

Facebook Page: Please enter a valid URL

Weekly Tutorial