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Ryan Hanlon’s 3 Unknown Keys to Beating the Forex Trading Odds

It’s no secret that for those with little trading knowledge, entering the Forex world can be daunting. Since the majority of traders lose out due to a lack of the right knowledge, finding the right information is of utmost importance. It can be overwhelming however, with the ever increasing number of so-called “gurus” who just…

It’s no secret that for those with little trading knowledge, entering the Forex world can be daunting. Since the majority of traders lose out due to a lack of the right knowledge, finding the right information is of utmost importance. It can be overwhelming however, with the ever increasing number of so-called “gurus” who just want to sell you their course and run. 

After 3 years of intensively studying the markets and spending the majority of his days working towards achieving consistency in forex, Ryan Hanlon knows how many hurdles there are to overcome when trading the forex markets. “I want to lift people over these hurdles so they have the support to succeed that I never had, for them to achieve great results from forex trading,” Hanlon explains.  

Focusing on quality over quantity, Hanlon has built a tight knit community of around 40 traders, where he and his team directly mentor them to ensure they’re making progress, and ultimately succeeding. With every student giving the Ryan Hanlon Trading Team 5 star reviews, these are testament to the success his clients have been able to achieve. Understanding the forex markets better than most, here we share Hanlon’s 3 secret keys to the forex trading odds. 

1. Know the Realistic Gains

One thing that may be known to many, that many beginners don’t is the realistic gains of having a forex account. Plastered all over the industry online, there are fake gurus pretending to be returning thousands of percent in just a couple of weeks – sometimes even higher. However, this is far from how forex trading truly works, as Hanlon says, “If it was that easy, who the hell wouldn’t be forex trading?”

Let’s say for example, you had a bank balance of £100,000 and you put £50,000 into your trading account, after showing consistency on your demo account. Ideally you wouldn’t want to be risking more than 1-3% of this balance on each trade, as even someone with a 90% win rate could lose 10x in a row, and risking anything over 3% for that could be psychologically damaging and unrepairable. Risking 1-3% realistically would bring 10-30 -> 30-90% on a good month. 

This of course can be exceeded by altering trading conditions, but this is a really good realistic profit target to be looking for monthly. 

2. Understanding You’re Set Up to Lose

One thing that you must understand before trading, is you’re set up to lose! The first thing we need to consider is the fact that forex trading is honestly a life changing skill, and will keep you out of needing a 9-5. In saying that, it’s not going to be easy (and in some cases cheap) to develop your skill set efficiently. Taking free education online or from trading brokers is only setting you up to fail. Who are these free education platforms and brokers who offer education funded by? Institutions. And as you’ll find out in the next point, they may have reasons for wanting to mislead 99% of traders’ decisions.

3. Learn Who’s in Control

You must have an understanding of who is controlling the markets, what conditions they trade under, and ultimately what they’re trying to achieve daily when they trade. For example, big players in the game such as institutions, have to consider things that retail traders – those who are trading their capital, don’t. Their trades are much larger than ours, meaning if they want to place a buy trade on a EUR/USD for example, they’d need an equal amount of order to be in sell trades, as you can’t buy something that’s not for sale. Overall, this points towards the fact that they may like to take our sell trades, and use them for their own buy trades, hence why you may not be finding consistency. The hard part knowing where & when this is likely to happen can bring unlimited success in the markets, of which Hanlon has the knowledge for those keen to learn.  

So there you have it, the 3 unknown keys to beating the odds when trading the forex market. As a 21-year-old, Hanlon’s knowledge and breadth of experience far surpasses his years. If you’d like to learn more about Hanlon and his work, follow or message him on Instagram @ryan.trades & @rh.tradingteamltd.Opinions expressed here are the opinions of the author. Influencive does not endorse or review brands mentioned; does not and can not investigate relationships with brands, products, and people mentioned and is up to the author to disclose. VIP Contributors and Contributors, amongst other accounts and articles, are professional fee-based.

Lewis SchenkLewis Schenk

Lewis Schenk is an Australian based Entrepreneur, Writer & PR Consultant. His work has been recognized by Buzzfeed, International Business Times and Thrive Global. Lewis is passionate about sharing empowering stories from people around the world, particularly those in entrepreneurship & business. He has been privileged to work with over 190 business owners and entrepreneurs in 2020 alone, helping them grow their brand and strengthen their online presence.

Published October 11, 2020

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Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.

Blockchain is the technology that supports the digital currency  or cryptocurrency called Bitcoin –

however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.

It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.

According to sites like BitFortune.net, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.

Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:

  • Distributed ledgers.
  • The blockchain data structure.
  • Public key cryptography.
  • Consensus mechanisms.

Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.

The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.

But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.

What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.

Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.

The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.

 

Why You Need to Get Onboard With Blockchain!


Why You Need to Get Onboard With Blockchain!


Visit bitfortune.net . for more interesting Infographics

Guys did an amazing job and was allowed to share.


 

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Statements about Cryptocurrency

Statements about Cryptocurrency

Cryptocurrencies are in a bubble and regulators could burst this at a whim.

  • Eight years after the introduction of Bitcoin, there are now over 900 cryptocurrencies and their prices are at all-time highs.
  • Richard Schiller categorizes bubbles as an underlying story driving the market forward, as opposed to the fundamentals of the assets. Cryptocurrencies are riding on a narrative of economic empowerment and freedom.
  • Despite the widespread attention that cryptocurrency receive, many of the actors involved in the market are not fully informed. Debate tends to turn to hype and naive investors are buying crypto-assets without fully understanding what they are.
  • Banks spend 73% of the market capitalization of Bitcoin each year on regulatory compliance. Crypto-assets are currently unregulated and free of these restrictions. As such, the market has thrived but also developed some bad habits.
  • Regulators cannot necessarily shut down cryptocurrencies, but they can restrict liquidity into them from fiat currencies and hamper their growth. The global derivatives market, for example, is worth $1.2 quadrillion, dwarfing Bitcoin’s $100 billion market cap.

Statements about Cryptocurrency

Market manipulations in crypto markets are undermining their credibility.

  • Due to low liquidity, no regulation, and a lack of clear understanding of the markets, pump and dumps are widespread in crypto markets. This is where a speculator can artificially sell while concurrently buying their own currency, wait for the market to rise, and then dump their holdings.
  • Frontrunning is also a common occurrence in ICOs, where early investors—who are used to show initial faith in the enterprise—buy discounted tokens before immediately selling them on.

As with historic bubbles, scams are exploiting naive investors.

ICOs can have the characteristics of vaporware. Entrepreneurs are raising hundred of millions of dollars purely on concepts. Money is being raised from investors who do not truly understand the technical concepts being proposed to them, let alone whether they are feasible.

  • The actual asset structures of ICOs are not only complex but also new forms of assets in their own right. This further confuses investors, which is compounded by the “FOMO” mentality of rushing into investments and following the crowd.
  • The use of celebrities to promote ICOs further demonstrates the use of manipulative marketing techniques used to cajole immature investors into participating in ICOs.
  • The current ICO craze is reminiscent of the South Sea Bubble of the 18th century, a speculatory period that involved crazed investment into enterprises in the New World. Once one of the highest valued companies of all time, the South Sea Company’s bubble burst and the company disappeared almost as quickly as it appeared.

Blockchains are still not proven technology, and more work is required.

  • Blockchains are still new concepts and their technology has not yet been proven on a consumer-wide scale. Attention should be focused on developing this, not speculating on short-termist projects.
  • The security of blockchains is a concept that most investors in crypto-assets do not understand. The onus is on them to protect their assets, which, on the basis of the amount of thefts and frauds in the space, is not being done properly.

There are some solutions to these issues.

  • A less polarized mentality of “us against the world” is needed; this could be enforced by the promotion of self-regulatory standards. These could also help to highlight the bad actors in the ecosystem.
  • More development is required into the underlying technology of blockchains. In the long run, this would be far more valuable than ICO moon-shot projects.
  • Awareness and discussion needs to be promoted. Conferences should present balanced debates from both sides of the crypto-view and more emphasis should be placed on educating investors instead of soliciting their investments.

Originally Published here at https://www.toptal.com

Statements about Cryptocurrency

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CMStrader Signals provider, the number 1 signal provider 4 years in a row

CMStrader Signals provider, the number 1 signal provider 4 years in a row.

CMStrader, the number 1 signal provider 4 years in a row, is now offering free signals to new clients!  Reliable trading tools are fundamental part of successful trading.

cmstrader for the Best Trading Signals

cmstrader for the Best Trading Signals

 

CMStrader’s signals success rate is estimated in 91% this should be enough to take a look and decide for yourself. since this is their biggest feature and drives this broker towards success, it is opretty afe to say that they do their utmost to provide you with quality forex signals.

This broker also entered the cryptocurrency market and offers several cryptocurrencies.  in short they act on the market and engage their clients directly.

when you start trading at CMSTrader, you can choose from a extended list of currencies, indices, commodities, gold and oil.

CMStrader Signals for better Trading

CMSTrader sends trading signals to traders’ accounts when there is an opportunity to buy or sell orders at specific points; an overview of the speculated price or loss ratio is included.

CMStrader Signals the number 1 signal provider among brokers

CMStrader Signals the number 1 signal provider among brokers

The signals are sent directly via SMS to a cellphone for major currencies traded on the stock exchange, foreign goods and precious metals.

In addition, signals can be sent to an e-mail address and or traders can be notified directly over the phone.  This service is available 24/5.

Like with Most proper signal services don’t expect 50 signals a day as simply there are not that many. you will get maybe a few good ones a day on which you could and most of the time should act.

Earn profits with CMStrader Signals in the forex market – the biggest trading scene in the world. Enjoy our unique benefits, trading education, minimum margin and best leverage! Start with a demo account and enter the amazing world of forex with CMStrader.

More about CMStrader Signals & Forex Broker

  • Name :CMSTrader
  • Website :cmstrader.com
  • Established :2013
  • Regulation :FSP
  • Country :United Kingdom
  • U.S. Clients Allowed ?  :No

CMSTrader is a leading investment advisor specializing in personal wealth management and growth and is a somewhat a newcomer to the Forex market.

they started in 2013 and since then have won several awards 2 including one for having best customer service in 2013.

CMSTrader “CMStrader Signals” is authorized under the name of CMS Ventures Limited which is a New Zealand Registered Financial Service Provider (FSP).

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