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Saturday, September 1, 2018

How I made $2000 Winning Free Demo Trading Contests (forex and binary options)

A good resource for those who want to make extra income in the Forex Market without any risk exposure.



Prizes won - 12 times



And just last week August 20, 2018 - August 24, 2018 another 1st position attained7
(pending verification period)



Hi, my name is Temitayo Akinrinola and I go by Teemy in forex circles. I hope the intro video was explanatory enough but having you do verification yourself is also in line.



I did a bit of explaining (4 hours long) on how I did win contest prized and how you can as well.

It's free money folks and every year since 2011 save for 2013, I have had an extra income source with just doing a little extra when chanced to. Not successful at all the contests though but the accolades are growing.

What you would learn


  • Introduction to trading contests
  • How i won them and Contest Strategies
  • Brief Discussion about Trading Systems
  • How to get better performance with Tools
  • Closing advice

You get the video book in all the versions below
.doc
.mobi
.epub
.pdf


No reason for a loooong sales copy.

You know what to do next.

https://gumroad.com/teemy


I need this!

Friday, September 1, 2017

Old Forex Trading Tutorials Video Set - Chapter 4

Teemy's Forex Video Course For Beginners on How to be a Foreign Exchange   Trader - Chapter 4



The Main Deal - Market Analysis

Fundamental Analysis - News
Technical Analysis - Charts and Indicators


The Following sections would be moved to the New Forex Video Set of 2017
https://www.youtube.com/playlist?list=PL3fKm29WxlbDsX_iL29w6_T0rdLURv4n7

Market Analysis
Your Tradng Platform
Configuring Your Battle Staton
Placing Your Trades

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Old Forex Trading Tutorials Video Set - Chapter 3

Teemy's Forex Video Course For Beginners on How to be a Foreign Exchange   Trader - Chapter 3

Chapter 1   Chapter 2   Chapter 3   Chapter 4


The Main Deal

The Two Actions - Buy and Sell

The Following sections would be moved to the New Forex Video Set of 2017 https://www.youtube.com/playlist?list=PL3fKm29WxlbDsX_iL29w6_T0rdLURv4n7

Market Analysis
Your Tradng Platform
Configuring Your Battle Staton
Placing Your Trades

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Old Forex Trading Tutorials Video Set - Chapter 2

Teemy's Forex Video Course For Beginners on How to be a Foreign Exchange Trader - Chapter 2



Exchange Rate
Currency Pairs and Instruments
Lot Size
Margin and Leverage
Pip and Spread

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Tuesday, August 30, 2016

What is online forex trading and how does it work? (Part2 of 2)

... continued from part 1 


What is forex?
History of the foreign exchange market
The structure and how forex trading works

Profitability of Forex

I would be using illustrations to explain this. 

Example 1
at midnight after Brexit results collation
At midnight after Brexit results collation
Very recently the incidence of a Brexit election to determine if Britain was willing to get out of the eurozone took place and as soon as results showed an aggregate towards an exit the British pound greatly fell in value over a period of hours. At midnight (GMT) the British pound to a dollar was around the price of 1.49233 and within just some hours was valued at 1.34065 pounds per dollar. So every pound owner had a loss of within just that space of time getting lesser purchasing power per dollar. Imagine how much loss that  would mean for those with large capital.







Example 2
Pre election period in Nigeria (Mar 2015), the US dollar was being sold for around 180 NGN (Nigerian naira) to a dollar. Today 29th August 2016, a US dollar goes for ₦400. Now a resident American has higher purchasing power with respect to his/her previous purchases in Nigeria.

Example 1 showed a profit for dollar owners and a loss for pound owners and similarly in example 2 the dollar gained while the naira had a loss. Ordinarily each national would still get goods and services at the same rates as before but as soon as the money moves to the other locale the effect of profit/loss is felt.  One makes more while the other loses.

For retail traders where does the money we make come from?

From everyone else.

transference of wealth
Knowing who loses the money we gain or where it comes from is a litmus test for the authenticity of a business. 



Fellow traders who lose, banks, countries and everybody who is on the wrong side of a forex transaction while the loss becomes gain for another. 

How much can be made as daily profit from the forex market?

The forex market is believed to move the sum of 3-5 trillion dollars around daily. On this, I personally believe around 1% of this would be profits for some (lost by others). Taking the lower value of 3 million dollars then an estimated 30 billion dollars is there for the taking every day for everyone around the world. A prudent trader needs only grab a piece of this and forget the rest and repeat this to create a consistent source of income. 

With risks involved, is forex for me?

Maybe yes, maybe no (you decide).

I would say this though if you are already contented with your lifestyle and your family is doing well then I see no reason for you to risk a certainty for an uncertainty which has over 90% of participants losing money daily (burning a trading account is not a strange thing to hear and for some it is money placed in their care). Take the blue pill and go ahead with other businesses that have limited risks like Blogging for Adsense or creating YouTube videos for monetization.

Should you however decide to take the red pill and take the plunge into a business that would literally mean printing your own money on demand or should I say making money on a seat then I would be glad to take you by the hand and walk you through all you need to know about this ever running 24 hrs 5 days a week business. 
 

What do I need to get started in trading forex?

First, let’s start with your education and I would teach you open and hidden knowledge of the trade. Knowing the right things would help you avoid pitfalls and mistakes nearly every new beginner makes and spare you the costs (mostly financial). I would teach you how to start trading with little or even no money put down at all. 

Wishing you well - Teemy

drop your comments below

What is online forex trading and how does it work? (Part1 of 2)


 

What is forex?

The word forex is coined from the two words Foreign and Exchange or alternatively foreign currency exchange. It is a system of interchanging currencies one for the other. Take for example
Change of currencies for:

  • International travels and tourism
  • International Schooling
  • Foreign trade and Imports
  • e.t.c

What you would realize is that either directly or indirectly everyone is affected by forex. From governments, banks,  large and small financial institutions, bureau de’ changes, multinational corporations, money transfer exchanges, forex brokerages, the retail forex trader. Our definition of a forex trader would be restricted to the retail trader (forex speculator) who aims to make profit from the fluctuations in the exchange rate. The item of trade here is money.

History of the foreign exchange market

At a certain gathering known as the Bretton Woods Agreement conference in the year 1944, an agreement was reached to allow currencies be freely bought and sold at perceived acceptable values between parties. The United States Dollar (USD) was set as the currency of reference (‘twould have been the Great Britain Pound - GBP - but Germany’s counterfeiting operations had reduced the trust in the British currency as a way of weakening the economy during WWII) and the US economy was most stable among the world powers after the war. This agreement set the stage for online forex trading.

The structure and how forex trading works

-          Interbank Network – Forex brokers – Retail Trader
Envision a normal trade structure of commodities which looks like below
-         Manufacturer   Wholesaler  – Retailer - Consumer

With forex everyone is a buyer and seller of money. So all are traders (with varying levels of financial strength). Forex brokers act as intermediary between you the retail trader/speculator and large volume Liquidity Providers to get you access to the interbank rates providing you the volume of money you wish to buy or sell at any given time and charge you a little commission for each transaction. 

continued in part 2 of 2


Profitability of Forex
For retail traders where does the money we make come from?
How much can be made as daily profit from the forex market?
With risks involved, is forex for me?
What do I need to get started in trading forex?

drop your comments below

Sunday, August 21, 2016

Creating Labels

Just To Create Labels. This page would be populated when its turn comes up. Read up on other pages in the meantime.