How to Trade Forex in Nigeria
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Posted by Felix Okoli on Sunday February 26, 2012 14:25:0:
If you knew how to trade forex, it could be a great way to make money online in Nigeria.
Online Forex trading is helping a lot of people make thousands of dollars monthly in Nigeria and if you know how to do it, it could change your life too.
So how does one start trading forex in Nigeria? What are the things required? What does it involve? How long before the trader starts getting profit? Does the trader need constant internet connection? How much do I need to start?
There are a lot of questions prospective forex traders in Nigeria would want to ask when it comes to trading forex. It is a kind of business that involves the right knowledge, great skill and the right approach.
Forex trading can make or break you but even if you are a jjc forex trader, you can still make profit from this online activity. In short, here are a few tips to help you get started to trading forex in Nigeria:How to Start
- Register with a forex broker like Marketiva
- Go to resources and get tips on how to make profit from trading as well as some forex words
- Do virtual trading with your virtual funds and try to buy low and sell high
- Focus on small profits like $1 and try buying with small funds like $1000
- Set exit target profit pt and exit stop loss at your every entry to control your losses.
- Try to repeat your winning trades to see how profitable it will be
- Best days for trading forex are Tuesday to Thursday, other days are not always predictable
- You can also learn more on forex trading by going to sites like babypips.com
- If you are ready for live trading, you can add funds with Liberty reserve of bank wire from a domiciliary accountLeverage matters a lot and so how much you invest in a trade and the profit you set can make or mar your funds. So play safe by investing smaller trades.
Comments:
Re: How to Trade Forex in Nigeria Posted by mJB on Monday May 16, 2011 at 20:55:40: GOOD JOB THOUGH SO MANY PEOPLE DONT APPRECIATE U! ALL I WANNA KNOW IS: HOW TO FUND AND RETRIEVE REVENUES FROM THE FOREX ACCOUNT AND THE FOREX TRADING SITES (TRUSTED). PLS MAIL THE ANSWERS TO ME AT mantrajaybee@mygamma.com
Re: How to Trade Forex in Nigeria Posted by lyddyann on Monday June 6, 2011 at 12:8:52: good jobs u guys are great
Re: How to Trade Forex in Nigeria Posted by okuk on Tuesday June 14, 2011 at 13:32:19: How can I trade forex
Re: How to Trade Forex in Nigeria Posted by Felix Okoli on Tuesday August 16, 2011 at 11:9:57: For those who are still new to forex trading, you can learn more about it by getting my report on JJC Forex trading
It is meant to teach people who are not yet experience with forex trading how to get started. I believe it would be a helpful ebook so just download it today
Re: How to Trade Forex in Nigeria Posted by NNAJI NELSON on Friday March 2, 2012 at 4:25:23: PLS MY DEAR, I LUV DIS BUT D WORST IZ DAT I DONT HAVE ANYTIN LIK MONEY. SO IF U CAN HELP, PLS DO SO & GOD WIL BLES U. +2348103938317 IZ MY TEL.
Re: How to Trade Forex in Nigeria Posted by Karthik on Tuesday May 8, 2012 at 10:22:59: I touhhgt I'd have to read a book for a discovery like this!
Re: How to Trade Forex in Nigeria Posted by Felix Okoli on Saturday January 19, 2013 at 21:37:14: You can fund or withdraw from your forex account by using liberty reserve of bank wire
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